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301  Economy / Speculation / Who believes in $10,000 a coin? on: July 01, 2014, 04:00:43 AM
I feel that $10,000 a coin is Bitcoin's destiny easily. Given the amount of growth and maturity that comes along with it and the limited supply of Bitcoins in circulation, its only a matter of time when $10,000/BTC will be the new $100/BTC.

Chime in!
302  Economy / Speculation / Re: BTC drop to next level coming...bail the F out now! on: June 30, 2014, 12:47:55 PM
going for 700$ I think

I hope so...hope we ride it out over that $1000 mark.
303  Economy / Speculation / Re: BTC drop to next level coming...bail the F out now! on: June 30, 2014, 12:47:20 PM
And we have our boost...
304  Economy / Speculation / Re: BTC drop to next level coming...bail the F out now! on: June 30, 2014, 12:09:26 AM
A boost appears to be developing...should know in a day or two!
305  Bitcoin / Hardware / Re: CoinTerra announces its first ASIC - Hash-Rate greater than 500 GH/s on: June 25, 2014, 05:30:10 PM
http://www.coindesk.com/cointerra-mediation-class-action-lawsuit/

The fall in bitcoin price as well as engineering issues have really taken its toll on Cointerra. I believe they could have actually done great if not for the over optimistic engineering mishap.
306  Economy / Speculation / Re: BTC drop to next level coming...bail the F out now! on: June 25, 2014, 01:36:57 PM
People and their charts - as if the Bitcoin market can be predicted.  Charts are irrelevant in the face of an in-progress or upcoming "crises". 

Once the auction is done, the price will resume normal rise / plateau / rise / plateau pattern.

Are you serious? Most trading even software driven in the market is done based on indicators along with news analysis. On the other hand, MOST people have no idea how to read indicators and instead simply look at the price trend which is quite useless.

Entry and exit points are identified using indicators. A simple example is May 19 entry point and June 6th exit point as long as CCD is positive and MACD is above the CCD: Enter as it goes above +100 and exit as it descends below +100. That's the simplest case example and can be made way more accurate by taking into consideration 10 other indicators to identify entry and exit points.

On the other hand, this statement below is naive and just an assumption: "Once the auction is done, the price will resume normal rise / plateau / rise / plateau pattern". Yeah, that rise / plateau you are talking about is $$$$$ to a trader.
307  Economy / Speculation / Re: BTC drop to next level coming...bail the F out now! on: June 25, 2014, 01:29:26 PM
I don't like indicators.
They tell you what you should have done, not what you should do right now.

That just means you don't know what indicators are.
308  Economy / Speculation / Re: BTC drop to next level coming...bail the F out now! on: June 24, 2014, 11:54:32 PM
Not looking good...

309  Economy / Speculation / Re: What if there is no bubble coming.. on: June 23, 2014, 07:38:39 PM
And we will be floating around 500-600 for more then 4 months?

It would be a very boring 4 months, but at the same time many of us would be making profits here anyway in one way or another.

My prediction: I think, many people around the world have not understand the power of bitcoin yet and are mostly clueless about it. Once the mainstream is reached, there would be a massive uprise in market price. Adoption generally does not happen at once, but is a process which goes over time.

The adoption is only going to grow whether its gradual or quick. Its better to see a stable price and a gradual rise than monkeys throwing crap cakes kind of scenario like it happened with the Chinese fiasco. The fact that its holding in a stable pattern is very good news for long term BTC outlook.
310  Economy / Speculation / Re: BTC drop to next level coming...bail the F out now! on: June 20, 2014, 09:56:51 PM
I've got around $7500 ready to pump in, just awaiting the "opportune moment" Wink

Not right now...wait a bit! Do it as soon as you see positive divergence...
311  Economy / Speculation / Re: BTC drop to next level coming...bail the F out now! on: June 20, 2014, 01:11:40 AM
Its a nice deal if it can hang on to the 6xx area for a while. Stability of price always helps support a positive long term outlook...
312  Economy / Speculation / Re: BTC drop to next level coming...bail the F out now! on: June 17, 2014, 06:19:51 PM


Do you think the original post was meant to apply forever? Use your common sense,

If it wasn't applied to "forever", then why the F would I bail out?  Bailing out means the ship is sinking, get out before you you do down with it. If the price drop was just temporary, then why the fck are we worried in the first place?

I am and have always been positive on long term prospects of BTC. However, I am a trader and my words may have been confusing to long term traders who would have seen it as leaving BTC altogether.

I don't think its worth sitting and waiting for BTC to head higher because traders are in the game now and traders enjoy waves and take their slices at they come along. Its worth taking profits as they come though there is always a risk of missing the train if and when it takes off the station. There are always more entry points to come along but taking the exit points is what books in the profits. Hopefully this FBI saga will be over soon and we are back on track climbing over the $1000 wall.
313  Economy / Speculation / Re: BTC drop to next level coming...bail the F out now! on: June 16, 2014, 01:18:36 AM
What's funny to me about this thread is that even after our huge drop recently.....we are STILL over $100 higher than when this thread was made. LOL. As if 25% PLUS returns were suggesting we "bail the F out".  ROFL.

Do you think the original post was meant to apply forever? Use your common sense, the post was made based on information available at that time. This post is for current indicators and meant for traders and not long terms hodlers.
314  Economy / Speculation / Re: Bitcoin is dead ! GHash over 51%, SR Seized coins and Mtgox coins, China Ban etc on: June 13, 2014, 05:22:07 PM
Not sure if you are checking the indicators but this so called 'dip' that you are talking about appears to be just beginning. Its diving down with its mouth wide open.

Traders are having a great time though! :-)
315  Economy / Speculation / Re: BTC drop to next level coming...bail the F out now! on: June 12, 2014, 09:50:23 PM
Regardless of how down it will go now.

If in 3 months time it goes up, then I am still not selling now.

I had to get this out of my chest in case whoever is controlling the BTC movement is reading this thread...

it WILL go up eventually...

Regards
Heider


Everyone will just hold their coins indefinitely for the rest of their life. Very nice agile economy.

Well, no one is saying "indefinitely", everyone has their target price I guess.
316  Economy / Speculation / Re: BTC drop to next level coming...bail the F out now! on: June 11, 2014, 04:10:56 AM
Well DustyRah...

Volumes are drying up, lines crossed again into the negative and then back out into revive yesterday, don't know why though, could it be that some investors might have had enough and decided to call their BTC off?!

Don't know really, but seeing the price hovering around $650 could indicate that it's the true actual value of what it's worth now, which also means that as the time goes by, if no horrible news comes up, then there is no other way than going up. Well, until of course, another exchange decides to take off with the money like MtGOX Smiley

Regards
Heider
 



Yes, you are correct. This would be expected given the rise in a short time. BTC would have to keep its own into the 6xx level for a couple weeks or more and we are good to go on a long term basis.
317  Economy / Speculation / Re: BTC drop to next level coming...bail the F out now! on: June 10, 2014, 08:15:02 PM
Looking at the stats,

It was trying to go up now, but there has been a pillar of 1200 BitCoins since early morning (684 BTC remaining now) to be exact placed to sell at $655 which is making it bounce back every time it tries to eat it.

Over the past 3 days I noticed similar activities, I was shocked when I first saw 2400 BTC few days ago.

The volume is increasing at the moment which promises higher value on the run. Again, No one can predict it. But if the the Bid-Sum goes up again, then the price should "in theory" shoot up.

I don't know by saying this, if it would do the exact opposite just because I am posting this (I truly believe it now). I am just explaining what I am seeing, I no longer care about if posting would affect it for future.

I hope this helps.

Cheers,
Heider


I am not sure its going to cut through that, it appears to be running out of momentum.
318  Economy / Speculation / Re: BTC drop to next level coming...bail the F out now! on: June 10, 2014, 08:13:50 PM
The lines have crossed...blah blabbidy blah...watch your a$$ out there plz!
319  Economy / Speculation / Re: BTC drop to next level coming...bail the F out now! on: June 06, 2014, 05:20:07 AM
Boosters depleted...hopefully the regular engine will continue to take us north...
320  Bitcoin / Hardware / Re: CoinTerra announces its first ASIC - Hash-Rate greater than 500 GH/s on: June 05, 2014, 04:29:20 PM
Does anyone know how good are the mining contracts that are up at mining.cointerra.com? I mean in terms of the 5% maintenance fee etc?
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