06-2011 looks like a mini 02-2013  11-2011 looks like 04-2013 (the hump profile) Interresting |
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The life of a currency is measured in how easy it is to do groceries with it. I did my groceries today and fellas still accepting the dollar, therefore money is not dead.
+1. Let's wait for Zimbabwish inflation before saying it's dead. On the other hand the money system is old and it's time for an overhaul. I believe Bitcoin to be a good choice. |
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Could you make the same chart up to 17/4/2013.
You might uncover a pattern that is hidden due to scaling.
This might provide insight in the WillyBot myth.
Or provide a logarithmic chart.
My 0.02c
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Price is going back up quickly, seems like bitcoin can sustain price growth and higher price levels. The uptrend seems to be in tact. Was it just another fake dump?
I don't expect to stay at higher levels for long. A majority of people are still believe that we are in a bear cycle, and so as long as they act on those beliefs we'll be in a bear cycle. It's a self fulling prophecy. I actually think that bitcoin price is going up slowly in the longer period, more and more company is accepting bitcoin and slowly the media and people.. +1 we have started a bull market with a gradual increase in price. |
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Work the forums and try to drive up the price. Tragic.
Why? You still stuck in a short? |
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Hi All, I have been following Bitcoin for over a year and was the first person ever to put my house for sale for bitcoin. http://www.cbc.ca/newsblogs/yourcommunity/2013/03/alberta-man-accepting-bitcoins-in-exchange-for-home.htmlNot sure if you followed my story from a year ago, but the house just sold on Friday, and will make the news tomorrow I suspect. When the house closed on Friday I got approximately 648 BTC for my house which is based on prices over the past 6 months when the deal was actively negotiated, legal fees, realtor fees, and a bunch of contract wording that I frankly don't understand. I am now all in! I really believe in bitcoin. It is the future of the world. I look forward to the continued price increase and one day I plan to own my own island. I will truly be a bitcoin billionaire by the time I am 25 I believe. This house was inherited from my father who passed away a few years ago and he always believed in me and told me I would make it big one day and so I shall. Wish me luck Tay More This is the most foolish thing I've read in a great deal of time. If you could not tempt the gods of poetic justice into crashing the price of BTC. Do you have any idea of the real underlying threats to BTC. I, for one, think it's fantastic and have more faith than most but any number of serious threats could be lurking even now. A 51% attack is not completely ruled out. Most medium sized governments could make short work of the BTC blockchain is they felt inclined. Quantum Computing will obliterate the elliptical cryptography algorithms that underlie BTC. We've had a persistent and undivided downward trend for 11 months now. Invest by all means, but you must have balls of steal and a brain of brass to go with them. He made a very risky investment but the 51% attack is almost totally ruled out, the Quatum computing is not there yet and it would kill all encryption so it would be a problem for all corporations, governments and citizens, not just Bitcoin As long as you have enough quantum entangled qubits  |
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I know 1 satoshi = $1 is pushing it  It took 9 years to give 70% of US homes broadband internet. If only the US would get into Bitcoin at the same rate that would be $55 billion (70% of 1.46m households with $54k per household per year). That would put bitcoin atleast in the range $4000 to $10000 with todays mined coins. Then take two bitcoin halvings in oncomming 10 years and we go to $16k to $40k a coin. Now take the above and imagine China, India or Europe getting in then $100k to $1m a coin isn't such a far stretch. $100m a coin will be a far stretch but could happen once all coins are mined |
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Geez, this is not a good thing... Price is not going to be "fun" for the next few years  That's like saying "geez price of 1lb of gold is not going to be "fun" for the next few years " There will be days in the future where having 0.21 BTC will be considered wealthy. A satoshi will then be $1. People will say I have 21 million satoshi and I bought a big boat and crib. My advice is enter the market and wait until you're considered rich. It will be <10 years. Don't look at bitcoin as having 1, 2, 10 or 1000 bitcoin. It has a theoretically unlimited divisablity. |
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So, everyone here is richer than me? I got around 0.1  That's $40 so go buy yourself some more |
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So how much more does it need to go up before you "lose your shirt" ?
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The party is over guys, stop denying the inevitable. BTC as we know it is still in downtrend and will probably be less than $200 by the end of this year. I hope I'm wrong though.
New all time low incoming, $200 will be tested soon New all time high incoming, $2000 will be tested soon |
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SCOOP DEM CHEAP COINZ!!! |
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It will go up.
We had a downtrend
We had a sideways trend
We have upsurges
So I would expect the trend to have turned
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this poll is pretty dumb because it stops at >150.
You should have >500, >1000, >2000, >5000, >10,000, >50,000, >100,000, >200,000, >500,000 and >1,000,000.
Those last few, assuming blockchain addresses have been found with balances this high.
Put this up and I will vote what my holding is.
I don't remember what Satochi's balance is, but we should include the range for his balance, in case he would like to vote as well.
Who says a person has one wallet? |
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Thanks guys! I think I get it. So the 3-day MACD (3dMACD) is basically just the MACD but averaged out over 3 day periods...Hence why the 3dMACD of the 12 period is 36 days (12 x 3). Had to read wiki for further information. Definitely a lot to wrap your brain around
Yep it's pretty elegant and complex at the same time . |
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it would be rad if someone could explain what a 3dMACD is and it's significance (and with a visual!)  3day MACD MACD is one of the most popular technical indicator. Wikipedia has info on it. I can't explain what people mean with the 3 day since MACD is a combination of three moving averages with different periods. Usually they say a MACD 29-12-9 or something to indicate the three periods. From wikipedia in visual format ;-)  |
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Catchy song with a catchy beat ...
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Looking at EMA 9 and EMA 20 it also shows a positive trend. I've entered a long position hoping on getting in before the major rise |
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It has pulled out from under and CCI, MACD and Divergence are all positive now after a very very long time. Once EXP is out to positive territory, anyone looking at charts is going to think twice about going short.
This is not a joke, we are getting out to the postive side completely.
It certainly appears that way but were not there yet. It could be all smoke & mirrors. If everything crosses for a consistent period of time with a huge buy behind it, were good to go. If its a small creep over the line with minimal support it could be a good time to sell before a potential massive sell-off which could go to sub $200. when will we know it? 1-2 mths. +1 Most bubbles until now took 30 days. Since bitcoin is way more expensive it might take longer to hit the ATH. Also beware for traps along the route. This might be a trap and not the main bubble. |
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The poll is really a weird one. No option for something between 1 and 5. Also, if i have say 1 million, I can tick >5 which is accurate too. Just use your clones to tick them all  |
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