The last two times the graph looked like this, the price rallied.
When everyone panics --> price recovers. When everyone says "rocket to the moon" --> price falls. So I am not pleased with you promoting bullish sentiments.  Please go back panic with the others, or the party is over.  |
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Imagine selling all your BTC and then seeing the price just leave you behind, forever...? having to buy in at a massive loss or just accept it's game over, buy that ferrari you never really needed and not look back? Bitcoin is so... revolutionary... it's like being back in the early 90s before the internet took of... like buying shares in google, apple or facebook before mainstream adoption... I can't stomach staying out of this, bitcoin is my wildest fantasy coming true... this is why I am the careful type and hold 100% BTC  It's better losing some fiat (temporary) than to end up with sellers remorse. I was like that. All in. Then my wallet's worth suddenly became worth just about a few decades of fiat savings with my job.  Then April crash came. I couldn't sleep anymore. I was getting ill and turning into a zombie. So I had to sell some coins. Take out what I put in - plus a proper premium for the hassle. Which I'm shopping for real estate with. I know I miss on potential bigger gains. But if I'm unwell and die before becoming a big BTC millionaire all my waiting will just have been a sad mistake. My coins are not coming in the grave with me, for fuck's sake. I still have a lot invested in crypto. But I can sleep at night. And I can laugh at price drops. And be here for the lulz, siding once with the bears and once with the bulls. Never invest what you can't afford to lose, so true and I had to learn the hard way. |
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hmmm , everyone is bearish , everyone is selling , nobody is buying....
price is going up..
BIG SECRET BELOW
don't trust people on forums
Sort of: Trust them to say the exact opposite of what they are doing. They are actually the best indicator of the opposite of what's going to happen. Shhht! You broke the first rule of the Wall Observer Club   |
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just saying... don't be stupid and greedy, let bitcoin drop as it should... we need more PEOPLE!
bitcoin... is... people! |
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Well, as far as I can tell, about the only thing that occured last night was Adam got drunk and stoned and kept quoting himself for hours someone's got a bit of a cleanup work to do today |
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Speaking of the devil: my XRPs' BTC value has appreciated more than 20% in last two days.
Don't shoot me...
EDIT: before you call me names, I hold both BTC and XRP. And I ain't selling any.
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Uh, I hear Proudhon's words "long downward slide" echoing in my head. Don't like it.
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Did that $1M wall at 127 from yesterday get eaten or pulled? Anyone catch that?
Apparently it got eaten. Completely.  |
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 (cat pic original from simonscat.com) |
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but... but... next difficulty is like 15 million!
Let me call the worst bearish scenario I can think of.
Let's suppose all miners crap themselves and start dumping.
Let's suppose difficulty drops to 10 million because of some miners quitting the whole bitcoin mining thing (like it happened at block reward halving time last December).
Woudn't a 10 million difficulty sustain a price of at least 100$? 50$?
Also there are at least two retail markets that exclusively rely on bitcoins to function - one is selling drugs online and one is selling BTCs to people who can't directly access western currencies. Like it or not these markets are established since 2+ years by now. As long as they keep thriving the fiat value of BTC cannot drop to zero.
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Someone is running a bot on BitStamp that buys exactly 1 BTC at the lowest ask price every minute. (If there is 1 BTC available, otherwise it buys whatever is there.) Costs about $7700 to run that bot for an hour, let's see how much ammo it's got.  That isn't a bot - that's Bitstamp creating fake trades to pump its volume numbers and feign liquidity. That is a bot, who's goal is to raise the price on bitstamp, to at least match the price on Mt.Gox. If someone will sell you 1 BTC every minute, what incentive do you have to stoop down to the highest bid price? If I had to do such manipulation I'd do with 0.01BTC not 1BTC. To me it just looks like someone with enough cash and some scripting skills has decided to buy coins and wants to avoid slippage. |
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Last active on March 2013?  Theymos can you ban this guy for nick squatting.
Judging by his posts I think he's just a wannabe troll kid. His disguise made me laugh in a sad way. Don't think he should be banned? My $ .02. |
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Just a thought I have today after seeing how many here complain for high fees when wiring fiat to/from exchanges.
How much does your bank charge for an incoming/outgoing international transfer?
Because mine charges nothing to receive, 15€ to send non-SEPA, nothing to send SEPA.
My theory being that most EU banks don't charge much while most US banks screw their customers on the matter. Maybe it's done to "protect" their precious citizens from those nasty overseas fraudsters lol
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I got the Apostille notarization completed and sent the documentation out on Tuesday. MtGox received the paperwork on Thursday and I was approved overnight. It's Friday and I have achieved "Trusted" status.
It was fast and painless.
Congratulations. Me jealous Albeit... in light of recent delays, would you mind letting us know if you manage to take the fiat out? |
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Can't help but noticing that current price of XRP is too high for the number of XRPs produced. And Opencoin is supposed to give away another billion XRP to mailing list subscribers before the end of this month. Which hasn't happened so far. And their lips are sealed about it.
I'm speculating that while the underlying idea is good, the illusion of power and control that comes with it could corrupt even Opencoin's best minds.
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interestingly that doesn't seem to generate the same amount of outburst as the pig vs. chainsaw gif I posted.
Got the fastest 'Ignore' ever from me ... Because you do not eat meat? Because you do not know the proces from beef to steak? Because your hobby is trainspotting or train models? Because you do not understand the point? Or is it because you are looking at the graphs, jerking off and are mumbling 'choo choo to the moon'? Can someone quote me Boy I am laughing so hard it hurts |
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sorry no FUD intended but there might be a damn bad reason for price spike.
1. in light of last communication from Gox now all accounts have to be verified to withdraw/deposit fiat, so unverified users are buying BTCs and going away
2. can anyone here confirm a successful withdraw from MtGox in the last 5 days?
Thanks
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