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Hi everyone, I just heard that CoinBase starting today offers that you can trade for 0% fee up to 1.000.000$. What do you think of that??? Cheers Train If you haven't already an account, my referrer to CoinBase: https://coinbase.com/?r=521c4e598657e069c7000014 |
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The price of 12$ is still way too high for a bitcoin. The first big hype is cooling down and less $$ arrive at the market. Holding to BTCs and not selling is just plain stupid because it does not reverse the trend anway.
A price of 6-8$ is a fair deal and a matter to come!
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The explanation is simplier as anyone is guessing here. Price is based on supply and demand.
While every week 50.400 bitcoins are generated you need ca. 605.000$ coming into the market to keep the price stable at 12$.
If this does NOT happen, (which boviously doesnt) the price falls!
I am sure the price will continue to fall!
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Mal schauen wie die Qualität des Angebots sein wird. Kann ja auch sein, dass es endenfalls noch schlechter/langsamer etc wird als bei Goxed
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I can offer you my automated trading script in PERL, fully operational for 5 BTC.
Time is money,
Train
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No, USA will not go bankrupt. Not that soon. Its too early. For now the negotiations are a politcal theater. But keep in mind that China has huge amouns of $$$. If US goes fucked NOW they lose all that value. Chineese are not that stupid to allow that. In worst case they will buy US debt.
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See my thread here for the same topic: http://forum.bitcoin.org/index.php?topic=26012.40 (Will we reach at $12?) Here is my estimation: ...in "a week or so" there will be 50.000 coins MORE in the market. In another week there will be over 100.000 coins more! If you estimate that 50% of those miners will slowly sell off thier coins in the hope of a quick buck, the trend will stay falling!!! Cheers Train |
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steelhunter,
miners are just as greedy as anybody else. Every week the market is flooded with 50.000 new bitcoins. They will sell those coins to be sure that other miners wont sell first as long as the price is high!
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steelhunter,
in "a week or so" there will be 50.000 coins MORE in the market. In another week there will be over 100.000 coins more!
If you estimate that 50% of those miners will slowly sell off thier coins in the hope of a quick buck, the trend will stay falling!!!
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For several days now the course has been falling. At the moment it is around 13.100$.
So the question arises if we will reach at 12$ AGAIN?
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Wow nice charts! Comboy, what technology is it based on, what programming language do you use?
Train
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After the pause everybody will sell again  |
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The site has crashed while @ 11.10$. Maybe they are fixing it ...
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Stewart, the only thing Gold, Silver and BTC have in common is the TRUST you and other people assign to those objects and concepts! (Yeh I know Gold can also be used as metal for creating things like jewlery... etc. But this is not the value that makes it "hot" and suitable as a currency!  ) |
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People hold WAY too long to 13$. Its obvious that the market lacks fresh fiat cash and price gonna drop down below 12$. Even maybe down to 6$.
By the way, there is ANOTHER predictible price drop coming in soon future. Just as soon as the 0.0% fee accounts will run out in 3 weeks, many of the users will leave the market. Then we will see another big drop AGAIN!
Remember this post and be prepared!
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Stewart, I am back at 0.1$ |
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The rally to 12$ happens becuase people ARE actually taking $$$ out of the market! Its simple. On the other hand there are some investors waiting to get in at around 10$!
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I just had a glance to the charts, its around 14.2 now. I think this course is WAY to high! I expect it to drop to 13$ during the day.
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We just crossed the 13.7$ barrier ...
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