This is a very bullish thread!
 |
|
|
|
|
Maybe, Bitcoin will become a collectors item
The very first digital money that paved the way
Progress is sure to pop up a new protocol that improves on the bitcoin model, and this new protocol will be the one used to replace the current financial system
|
|
|
|
|
good question!
it rises other questions...
what features or freedoms would be taken away if one uses a thin client?
would the users need to trust the third party?
would the third party have any kind of power over its users?
is third party connectivity the only solution, could a new protocol avoid this issue?
|
|
|
|
|
what a cool idea!
Once you get it Phraust
Send it here: 15nutdfqcS38hXdZoL7LNz5wBt8Aq4wCUT
|
|
|
|
Kick me in the ball and slap my ass, cuz the next wall to appear will be at 7.4ish! ( >7.4 & <7.5 )
Singular, really? ^ Adam, Should we now call you 1pac?  lol, ops Looks like many of the sellers have sold!
not to worry, we'll find more sellers at 7.5x |
|
|
|
if you had 5 million dollars to put into bitcoin, what would you do?
hmmm, 1. spend 1million on my own asic, mine with about 20TH of it then sell the tech after a year. 2. spend 2million to support ventures that are building/designing/delivering products or services that make the use of bitcoin easier for the average person. 3. spend about 20% of each BTC exchanges weekly trade amount to fund walls. 4. the rest on hokers and blow of course.... As long as for 4 you only pay in BTC. you can assume that 5 million is only a fraction of your net worth... the hokers and blow goes to your expense account |
|
|
|
remember, the dam has already been breeched.
I think it can still be repaired. We need to avoid a flood. i agree. slow grinds are the best. I think that's the intention of the walls. Market-maker trying to keep things under control. make sense a nice slow rise would be easier to stabilize near the top, allowing the manipulator to slowly sell off at a high price, then stop supporting the high price to let it slowly go down, only to buy back and do it all over again? if you had 5 million dollars to put into bitcoin, what would you do? |
|
|
|
|
did you really make your own coins?
can i cpu mine?
|
|
|
|
|
Kick me in the ball and slap my ass, cuz the next wall to appear will be at 7.4ish! ( >7.4 & <7.5 )
|
|
|
|
I noticed something very ironic about the Bitcoin market. Yesterday, when there was no depth, nothing happened. Indeed, there were more sellers than buyers. I thought it would hit $8 almost instantly, given that there was almost nothing in the way, but nope. Today, there are walls, and the market has gone into what I call "wall-eating mode" again. In the last few hours, buys outnumber sells by a factor of 7, and 8500 BTC of that formidable wall has been eaten. Yesterday I was feeling very bearish after it went nowhere, but today I am feeling better, even though we are trapped under 7.1.
Perhaps it's better to have walls.
When you say, "buys outnumber sells" this can literally be true since every buyer must have a seller. Do you mean what's on the order book? Or are you discriminating between who posted the "wall" (limit order) verses who met it? I think he means 70% of bitcoin trades are executed by pressing the buy button and as for the "wall eating mode", why buy 1000 bitcoin at an avg price of 7.20 when you can wait for a wall to show up at 7.10 |
|
|
|
Looks like someone has 30K BTC that says this rally is over.
i was thinking it felt like early adopters taking turns selling out to the new players |
|
|
|
Please, someone tell me what is the name of the software that is used in the video? Thanks.
what video? |
|
|
|
 The Rally is back on track!  |
|
|
|
 Its about time! |
|
|
|
I think we could have a pop if something scares everybody off from Bitcoin again, but that's a big if.
Last year, few realized that bitcoins could be stolen in hacks. That freaked a lot of people out. This year, everyone knows that they can be stolen and hacked, and that they can also be protected. Someone gets hacked, and the market correctly says ho-hum, since it understands that the risk of hacking can be mitigated with cold wallets, and correctly realizes that any successful theft probably had much to do with mismanaging wallets.
I see MtGox as the biggest factor in Bitcoin's short-term future. I sincerely hope nothing bad happens to MtGox, or if something does, that MtGox's competition will be advanced far enough that it won't matter. Same with Silk Road. Suppose there was a successful bust of the Silk Road admin(s) and no competing market to take its place - that might precipitate a big blow to the market as well.
On the flip side, if any client developers successfully pull off a working client that allows a full citizen node to function on a partial block chain (either via pruning or meta-chain or meta-tree or whatever), that will be a big plus for the market, because those who correctly point out that Bitcoin is only "so" scalable, will have to re-evaluate just how scalable it is with such a feature. They'll still be right about it not being infinitely scalable, but they'll have seen a breakthrough to the next serious iteration in scalability and realize that we're still a long way away from insurmountable limits.
couldnt of said it better myself. the fact is the scalability issue will be solved, because it can. anyone remember how lame Linux was back in 1995? why did some people get so excited about it? remember bitcoin is only on year 3. it take 10 years for a new tech to really function properly. you have any idea how many people think bitcoin can be hacked and anyone can make "free money" with it by selling your freely made bitcoin to the "suckers".... some people need years of bashing over the head b4 they understand. |
|
|
|
hold your lol's for next years, when you sold off all your bitcoins and the price keeps going up but you dont care cuz your busy buying a new house  If that happens adamstgBit, I'll give you 10 bitcoins, just for me being so profoundly short sighted and wrong. Free of charge. your the one being short sighted, all you can see is the FACT that bitcoin cannot go over 10$ because the demand simply isn't their if you look down the road, you see high demand for alternative currency, bitcoin being the best one with a highly developed economy. if fiat fails gold will rise up, but bitcoin will take over |
|
|
|
Is it just me, or is the recent breakout above $7 a sign that we may be making new all time highs next year? Any ideas would be greatly appreciated, thanks.
yes, breaking 7 was significant. It a sign that points up, But I predict their will be a short sell off period above 8$, which will slowly bring us back down to 6.50ish, after that the 2011 high will the next target and of course we will dramatically over shoot into the 100'sSorry...  hold your lol's for next years, when you sold off all your bitcoins and the price keeps going up but you dont care cuz your busy buying a new house |
|
|
|
Is it just me, or is the recent breakout above $7 a sign that we may be making new all time highs next year? Any ideas would be greatly appreciated, thanks.
yes, breaking 7 was significant. It a sign that points up, But I predict their will be a short sell off period above 8$, which will slowly bring us back down to 6.50ish, after that the 2011 high will the next target and of course we will dramatically over shoot into the 100's when The Ellet, and bitcoincard become a reality its only a matter of time for bubble #2 to form. actuly the bubble will porble apear at the same time or a few weeks b4 it release. depending on how successful these devices are, the bubble will either pop or we'll see another 10,000% increase in price, a bubble fallowed by another BIGGER bubble, |
|
|
|
i am LOVING my 20+ coins right now. more coins, more love  feel free to increase my supply. 1F4j4Lha8BjL4wxwFVbGaQwMJ4Kd1brfXb lol, why not buy more? are you waiting for a better buying opportunity? |
|
|
|
|
Show Posts
