95$ will be a big battle (if reached)....
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While I'm not convinced, we very well could be seeing the beginning of the end of Bitcoin as a mainstream phenomenon. If you look at what has happened, nearly the whole world has been exposed to Bitcoin via media. There isn't a major company, i.e. eBay, Amazon, Walmart or any other, that is not familiar with Bitcoin. But have we seen any surge in adoption? No. Have we seen any evidence through greater transaction numbers, that tons of new people are flocking to Bitcoin? No? What we have seen is businesses snubbing Bitcoin and many in the media mocking it altogether. For instance, Google venture choose to invest in Ripple. A still in beta company. If Bitcoin was going to really gain some mainstream traction, this last couple months would have been it. But that hasen't happened. In fact, the only notable thing that has happened is 1, the government has been cracking down on unlicensed MSB's and 2, big coin holders are dumping their stashes, removing millions from the Bitcoin economy. Bearish you say? That very well may be an understatement. Arrogant people here hastily underestimated the influence of SR and gambling for the Bitcoin's success & future...They will be hit hard unless Bitcoin becomes more stealthy - I wish the Foundation will self destruct and Pseudonymous Satoshi's (or even better completely Anonymous guys) take the project from where it stopped further down to real financial revolution & privacy.
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When people realise that things aren't actually that bad, confidence will return and we will be able to trade higher volumes at higher prices.
I agree, I'll be fully confident purchasing a few thousand BTC at $20. If they dip much lower than about $18 I will have to dump them all though and wait for new lows. You will need to be very quick probably...
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DO NOT FEED THE TROLL
My favorite pets - damn I behave like a troll too often!
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I will shortly increse sell volume 10k incomming.
Awesomeness! But DO it this time ok? I am out in XRPs... Damn ... missed the Jarlo-jaw rally He is F@CKIN BUYING!!!!! WTF???
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Just look at the Top 20 Richest Wallet Listing (if you have archive that list previously). The list will calm you down. If these wealthy people aren't worry about the recent price fluatuation, neither should you If I had thousands of coins bought even below 10$ I wouldn't worry too That's not true. If you have 50,000 coins, and the price drop by $10, it's a $500,000 lost no matter what price you previously purchased at. That's true but I don't think anyone who mined or bought while <1$ are stressed at all... Personally I would be though - I am a perfectionist. Still can't handle why I didn't sell at 266$ ! BUY & HOLD bullshit...
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Just look at the Top 20 Richest Wallet Listing (if you have archive that list previously). The list will calm you down. If these wealthy people aren't worry about the recent price fluatuation, neither should you If I had thousands of coins bought even below 10$ I wouldn't worry too
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I will shortly increse sell volume 10k incomming.
Awesomeness! But DO it this time ok? I am out in XRPs...
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If I predict for the WHOLE weekend then it can easily be down to 60$. But I was talking for the next 12h at max... But who knows?
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85$ bottom for this fall! Any other predictions? <20 pipe dream 20-50 possible, but not likely 50-80 likely >80 possible, but not likely This, because selling pressure will take us thru 80 resistance point, but not thru 50. Hmmm...
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85$ bottom for this fall! Any other predictions? Only 3 dollars lower than last fall? I think more ordinary people are selling because they expect the weekend drop by the speculators. Maybe a more reasonable prediction would be 90$...
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What will drive the price up now?
1) Zerocoin like anonymity adoption 2) Embeded P2P exchange infrastructure 3) The tough one - hard fork to a smaller blockchain -> faster transactions Bitcoin Foundation's agenda is unfortunately different - they spend resources by trying to make Bitcoin politically correct. Sorry guys, but htere is Ripple if I wanna play by the book. The whole idea was different back in the day. So unless Bitcoin becomes more stealth & robust I expect it to decline until Ripple or an alt will take over. I mean seriously - why the hell not choose LTC if I am a merchant?
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85$ bottom for this fall! Any other predictions?
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Guys, has anyone thought of how Zerocoin is going to affect the value of BTC if it ever materializes? Just a thought, but I can see a lot of the BTC miners / users shifting gears towards Zerocoin for the added anonymity, especially if it continues to utilize SHA256. Moreover, it may be possible to use BTC mining equipment depending on how it is designed.
Any thoughts?
Did Zerocoin launched??
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This is funny. There are many scams, but so far there is nothing to suggest KNC is a scam, infact, quite to the contrary. ...
Then you didn't read the complete bullshit in their very first post: ... We will in the upcoming weeks opening our order book to allow the purchase of our first set of ASIC miners. They are in the early stages of development now and will be ready in the summer of 2013 (yes in just a few months) ...
Hey fat ass - you shame martial artists. Hide your katana and go to learn some real fighting techniques like Tobimina Balintawak. Asshole... Well argued, that man! It seems that zedicus, Phinnaeus Gage & Kano stopped talking! Why?? Something happened girls??
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This is funny. There are many scams, but so far there is nothing to suggest KNC is a scam, infact, quite to the contrary. ...
Then you didn't read the complete bullshit in their very first post: ... We will in the upcoming weeks opening our order book to allow the purchase of our first set of ASIC miners. They are in the early stages of development now and will be ready in the summer of 2013 (yes in just a few months) ...
Hey fat ass - you shame martial artists. Hide your katana and go to learn some real fighting techniques like Tobimina Balintawak. Asshole...
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I told, I have three things I need to do in bitcoinworld to make it $300/m BTC this year. Then they took me to a mental institution, and what I wrote, could not be established without me. Even now, it is unlikely that I will be the sole contributor. But please take a look about one of the three pillars. When something is not good, comment to add. It is not ready, and I am under medication, for which reason I also cannot talk as sharply as I could normally. I am sure there are plenty of us in here - take your meds gentlemen! Hope the best mate... PS: Fish oil, Tianeptine, Bitcoin, Thorium - SO under valued!
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