so when do you think we can start buying BTC for $50 again?
I thought if price fall below to $50, it must be something wrong with BTC...you better think again before buying it .... |
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To give you an extreme example - if everybody stops selling bitcoin, the price is infinite. If nobody buys bitcoin, the price is zero. No funding needed. Please study price discovery mechanisms before you make conclusions like that.
Sorry to necro this, but it's repeated over & over on this forum, though the reasoning's junk. If nobody is selling bitcoins, the price is not infinity -- it's simply *undefined.* ... If nobody buys bitcoins, the price is not zero, it is again *undefined*. It's the old "divide by zero" goof. Please learn to math, folks. Yes - a more precise terminology is price extinction, because these extreme cases describe a collapse of the sales market. Every pricing mechanism needs a solid ongoing trade volume, to be considered relevant. The infinities just indicate the workings of the underlying pricing scheme. Does anyone else visualize a future where bitcoin may be strong but there is no BTC/Fiat supply/demand, because people are actually USING bitcoin for purchasing and selling goods/services, and the fiat/btc exchanges dies because of regulation or the fact that fiat dies? It's out there, but we can't discount the fact that bitcoin does not necessarily need (Especialyl in the future) a fiat/btc valuation to be healthy. Fiats are dead , it may be happened 100 years later, so what we doing now is generating wealth for our next generations. |
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forgot to enter the k when I enter 4.5  However ,it pretty close to my estimation ,I was estimate for 0.024...  well, technically, you said .24. But, I knew what you meant.  My bad, same mistake as 4.5BTC ...Seems we are some kind of people who really bad on math....  |
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forgot to enter the k when I enter 4.5 However ,it pretty close to my estimation ,I was estimate for 0.024... |
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Does the 4.5 BTC from hardware sale include the blades or just USB miners? If it includes the blades, that's a little to the low side.
4.5 BTC from hardware sale ? are you serious ? this only roughly 4 USB miner been sold over last week..... Hardware sales was 4,671.1185 BTC. Maybe gog1 is a superwhale and has blockchain.info set to display in kBTC This what called decent dividend, just confused me about 4.5 BTC .... |
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I said it earlier in this thread and I'll say it again:
I find it very hard to imagine a scenario in which investors actually profit from this offering. This is merely a method for the issuer to re-sell BFL pre-orders at a large markup to profit while revealing themselves of the majority of the risk. Outside of the facts, the rest of the contract is mostly filler language used to entice potential investors.
It is the day for LabRat Mining to celebrating its IPO...and a day that naive investors get pay for their lessons. Personally, I think this really a good business ,whether you have orders in hand or not ,just seat at home typing few thousand words and it will soon become few thousand BTCs.... Great Business model..... |
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Does the 4.5 BTC from hardware sale include the blades or just USB miners? If it includes the blades, that's a little to the low side.
4.5 BTC from hardware sale ? are you serious ? this only roughly 4 USB miner been sold over last week..... |
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It is acceptable for that recovery date ,but mining may start on 2014 or never is the key concern and their order are based on BFL/Bitfurry is another concern. BFL? refer to its history ,we know it is beautiful unicorn....needless to say.... about the Bitfurry , from my personal opinion I do not see any evidence shows it will be next ASICMINER, more look like next BFL...(May be I am wrong) However, today is the big wining day of Labrat mining, since it sold over 1500 btc in Bitfunder... Good luck to those lucky buyers. |
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good observation OP...
there are many things that could push the price up or down...this is a volatile, high risk 'investment'...it is apparent some ppl do not want to acknowledge that and instead believe it'll double in price every X months without ever going down...
Risk is everywhere, invest in anything could lead losing your money. prepare for the reward also the risk ,people should acknowledge about their ability of bearing the risk... The only thing is do not put all your money into one investment, spreading your risk by diversity is always a good choice. |
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That's 0.0253669!!
Confirmed  ? This great ,another over expectation!!!! |
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they are bfl based lab rat was a moderator for bfl.
I withdraw my interest based on the history of BFL..thanks for your answer. |
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This just crazy ,How could folks invest in a company that might start mining in mid-2014 or never.....
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My guess is 0.24 ....Does anyone fell unhappy with this ??
i would be very happy with such huge dyvidend. it will never happen. However, it around 0.2 will be fine for me.... |
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As they said they provides 100M/HASH per bond and go with future upgrade.. It is indeed that based on those figure they are the best ever mining bond over all exchanges, but question is they never mention when will they start mining in their contract. Or I missed something out anyone know what time will they going to delivery actual mining dividend ? Please let me know ...I am considering whether going for this game or not. Thanks |
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My guess is 0.24 ....Does anyone fell unhappy with this ??
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if MT.GOX crashed, then it will result large sells order in BITSTAMP or other exchanges ...ultimately rise sell pressure on BTC itself...= huge price drop
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*Since* this is the speculation thread...
Share price has been stagnant/steady in the 4.1x to 4.3 range for the past week or so, I expect the price to rise sharply when the big hardware dividends come in this week or next week.
Prepare to sell around 5.25 to 5.5, the price will soon be back to ~4.8/4.9 after the initial buying wave dies down.
WOW...that is almost impossible ,I think people are more rational now other than essay to get crazy as they used to. What's impossible? The rise or the come back to 4.8? Nothing indicates to me that 'people are more rational now' than they were two weeks ago; the bubble just popped (and yes, there can be multiple bubbles and pops). The recent BASIC-MINING skyrocket and fall, the fact that TAT.VM only now just broke .004 (besides the dive a few weeks ago), and the fact that BFMINES is 1/3 sold tell me that people are just as crazy as they used to be. People are crazy ,especially when you look at AMC, a company that does not provides any evidence of its physical product ,but get 5 times increase of its share's price...This just amazed, I do not invest even my singe BTC into this company ,The reason is simple ,they use fake picture to demonstrating as their product..I think this just a simple evidence of dishonest.... I think for the share price of ASICMINER is only determine by its P/E ratio, no matter what the price is ,if P/E ratio stay 20% per year, no reason to call it a bubble..but if P/E ratio below 20% , then the market will possibly adjusting the share price( as decrease its share price). |
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*Since* this is the speculation thread...
Share price has been stagnant/steady in the 4.1x to 4.3 range for the past week or so, I expect the price to rise sharply when the big hardware dividends come in this week or next week.
Prepare to sell around 5.25 to 5.5, the price will soon be back to ~4.8/4.9 after the initial buying wave dies down.
WOW...that is almost impossible ,I think people are more rational now other than essay to get crazy as they used to. |
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The problem is that the coin supply on the market will always be limited (long term perspective), and that will cause short term price volatitlity
And why new people won't want to spend that much money into bitcoin, if they saw this thing appreciated 10 times per year averagely
Because bitcoins is a beta stuff... And it is likely to disappear at any time. You might want to give it a try, and spend 100 USD in bitcoins, but will you spend 1 000 USD or 10 000 USD for 1 bitcoin considering the fact that it can disappear and lost all his value?! With an higher price, less people will buy, and the price will never increase linearly. Instead if price is really high, you can go for 0.1 BTC for try instead of whole 1 BTC....I do not see that price is really a problem for people use it. |
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I see bitcoin as a currency.
Yes the price fluxuations make many people shy away from using it that way but I believe those price fluctuations are largely because the currency is new, operating in a world market, and is not manipulated for stabilizing it.
Since I've started talking about bitcoin elsewhere, a very common fear I hear expressed is that they will buy a bitcoin one day and then the next it will drop in value and may not have the same spending power for some time.
That fear is valid.
I think part of the problem is that early on, a lot of mining took place when it was easy and not worth very much putting a lot of bitcoins into the hands of people who don't know how to manage money. When the value gets up they sell much of what they mined so they spend their wealth. This creates a surplus on supply and the price goes down.
That will correct itself over the next few years (my speculation) as supply created by mining reduces and supply from early adopter miners is spent leaving them with nothing left to dump when prices move up.
The result will be fluctuations are not nearly what they are now and the value will be much more stable compared to fiat currencies, with a general trend of deflation versus fiat (increase in spending power of unspend bitcoins).
Totally agreed ...as we can see that Price isn't like 2011 again ,that can go as low as 0.01 ,because more and more people start to recognized it has Value... |
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