hmmm... i should of bought yesterday
but now its the top....
First 9.5 was the top, then 11, then 11.3, then 12.16... bears keep calling tops that never last
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Anyone notice that there are 60k BTC in asks? Not much anymore. This is actually a record low... we haven't seen these levels for over a year, I believe.
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Updated rates due to rate decrease. Old depositors are NOT affected
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Oh look, lower interest rates. This should shut those ponzi folks up... the ones yammering about 7% not going to last for one year. It sure didn't, but pirate still isn't running a ponzi
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At the moment it looks like a game of chicken. Everyone ATM is chicken to buy higher than $11.15. If it's such a great buy why isn't the price going higher? Ahh because perhaps it isn't? If it's such a great sell then why isn't the price at $8?
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Where is Adam?
lol i was gone on vacation did i miss anything?
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Bulls, you have it, we roughly doubled since we had a stable price for a few months now. I can follow the argument that the halving of the block reward would double the price.
We are there now, explain to me, why should we go further up? No arguments about market irrationality, bubbles and so on, just pure fundamental base price.
Fundamentals don't mean much in the Bitcoin market.
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Insured availability updated.
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$2k for Newegg
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It's likely a short term bubble.. this is suppose to happen, when the price pendulum swings it always overshoots, right now it's overshooting to the upside. Once people realize they've got enough BTC and start selling the pendulum will change course and swing back to the lower price direction and overshoot again as the bubble pops.
Yes but the overshoot is going to exceed the previous highs by more than anyone can imagine before coming back to test 32. This makes me confident that we're already at or near the top. You were "confident" at $7.2, $8 and $9. Your confidence has no credibility
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Let this be our 11th week!
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Hello, I can confirm I am insuring 95% of these bonds.
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Why someone need to buy in big chunks and influencing the price up in quick moves
instead be patient and buy in small chunks cheapper but longer in time?
who is in a hurry?
thanks
if you think this is expensive, wait til you see the result of the reward drop...
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Bitcoin is going to crash to a couple dollars again a few time as the high rollers realise they are in competition to cash out first. Not cash out completely mind you, just so much to make them a few million in 'stable' money.
This. Assuming bitcoin ever does become a stable currency, it's going to take decades because all the big profit seekers will, at some point, feel compelled to sell their coins and take cash profit and, thus, more widely distribute their coins. I'm still holding to the prediction under the dancing bear. We'll see single digits plenty in the years to come. I completely agree with proudhon. I'm not buying any more bitcoins until this nonsense has calmed down. Speculation and get-rich-quickers are driving this rally. People already into bitcoin are just buying more of it, mindlessly. Speculation and get-rich-quickers drive crashes, too. Ultimately, the market value of a coin is the only value of a coin.
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Congratulations OP, you have a well-functioning crystal ball. Now tell us what happens next? 4 digits coming soon
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I am Sparti... Atlas.
I'm atlas and so is my wife!
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lol, he shouldn't have borrowed in the middle of a huge rally.
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