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1426
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Economy / Speculation / Re: Will Bitcoin see $200
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on: September 25, 2014, 05:42:18 AM
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Again NO.
This eventing mining difficulty will be increased for additional +16%. For same work tomorrow, miners will get 16% less BTC than now. Today's $415 so represents $481 tomorrow ($415+16%). Anything below that price will be decreased income for miners.
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1430
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Economy / Speculation / Re: Midweek massacre coming?
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on: September 22, 2014, 07:26:56 PM
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this aint like an actual coin
What the hell, now you fail mathematics for idiots? It does look like your intellectual ability degrades by the hour, with downward momentum that you would like to attribute to bitcoin price, only it's your ability to count to 2. Repeat after me - there will only be 21 million of units that we today call bitcoin ever created. So no, 22million people can't have 1 bitcoin each no matter how much you divide it, silly. You can divide your car into 100 parts but that won't mean you can give 100 people a new car, because it won't be cars you are giving, but some oily freshly cut detail; frankly you'll most definitely will look rather stupid trying to sell these parts as new cars. Piramida, I think that we should take a special pill to be able to understand guys like Xiaoxiao. Which pill? Check www.youtube.com/watch?v=z9pD_UK6vGU |
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1435
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Economy / Speculation / Re: Bitfinex ammo for shorts is going down & getting expensive
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on: September 21, 2014, 09:43:54 AM
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Ok China/Stamp... But who will sell its coins? Late bitcoiners ( October 2013 and younger) were already tested in April 2014. For older bitcoiner this drop is a perfect buying opportunity.
So only miners are left, but they also have their limits. I think that text difficulty change on Thursday (+20.22%) will confirm my speculation that we reached the bottom.
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1437
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Economy / Speculation / Re: Bitfinex ammo for shorts is going down & getting expensive
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on: September 21, 2014, 09:12:49 AM
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Shorts are also on 4 months high 11,171.42 BTC - higher since beginning of the May.
It looks that there is no motivation for opening new shorts. Why if we all know that bitcoin will go to $0  So if there is no short motivation, there will be long motivation + now fiat coming on exchanges tomorrow. Nah, I wouldn't worry about "new money" if I were shorting. I'd be more worried about the short squeeze. The ATH may or may not result in one, but surely the ammo for one is there. But I wouldn't be confident that new fiat is going to fuel any rally. Also long squeeze is possible, BUT there is no ammo for pushing price down. So stable price + increased difficulty + new money (there is a lot on exchanges waiting for green light) is almost guarantee that we are near (or were already) bottom. |
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1438
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Economy / Speculation / Re: Bitfinex ammo for shorts is going down & getting expensive
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on: September 21, 2014, 09:04:16 AM
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Shorts are also on 4 months high 11,171.42 BTC - higher since beginning of the May.
It looks that there is no motivation for opening new shorts. Why if we all know that bitcoin will go to $0 So if there is no short motivation, there will be long motivation + now fiat coming on exchanges tomorrow. |
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