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There can't always be an uptrend.........welcome to what is the Bearpocalypse...muahahaha.!
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Trends still indicate 'buy bitcoin' is at record highs.
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The threads of silver parity are still fresh in my mind; should I be enticed, or afraid? I haven't a clue!
I think it is a good thing.There are many gold speculators and parity with gold might cause some to look over BTC as an investment and taking the price potentially higher.I think this is a critical pricing point considering in the next few months the US budget battle will start again in January and many investors hedge gold when Congress do stupid things......but considering BTC would be the same value with possibly higher returns.....it makes me bullish. |
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I don't discuss whether I have any or not, just tech. Mine wont shut up...
Smart,I also refuse to tell friends and it has proven invaluable. I have told family though and was trying to get them in 2 years ago but that went absolutely nowhere but they are actually happy it all worked out and wonder more about it now. |
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I can still remember the days when trying to configure multi gpu configs,and encrypted USB sticks....#memories and BTC being $8 was expensive.
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So who's on ParityWatch today?
And which exchange(s) are we going by here? Gox is getting close to $1200.
Also, Happy Thanksgiving (if you're American).
We're all on parity watch. Ironic we might hit on Thanksgiving? This is huge and deserves its own thread I would think.BTC being above the gold standard....after that maybe Platinum? http://bitcoinity.org/charts/gold |
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I think at this point if Bitstamp ever reaches the price of gold that is when the next surge will really come as gold speculators might give BTC another look at price parity,in addition I think the next surge after comes during the next US budget battle.
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To add some perspective, the ~30,000 Bitcoins seized by the FBI from silkroad would be worth $30,000,000,000 if each Bitcoin was worth $1mil.
If they manage to find the rest of the 600,000 or so perhaps BTC would save face on some of the US deficit issues somewhat lol. |
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alot less then most early adopters
i use to be poor.
Somewhat of contradictory statement,lol. Anyway,won't say but it is insane to know that I might have more but can't find the damn wallet. |
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 I think it takes about 2 major dumps of 5k BTC or more to give the psychological condition of it "crashing" on one of the major exchanges. |
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Wouldn't the difference of price now affect adoption by noobs though? I mean on April normal people could actually buy some coins. At these prices many will probably be turned away because they won't be able to afford even one piece.
Hah,many were saying the same thing concerning the rally in April.I remember late last year many were saying $50 dollars would be the high and the price will go back to the teens.I have learned over the years stay with what you have and don't take speculation on downtrends too seriously.I also remember many individuals who bought at over 250 during the April rally and crash who simply sold and never stuck with it.....the rest is history so to speak. I originally bought in at $8-12 and stayed with throughout. |
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I'd actually be bullish.Google trends have exceeded April 2013.I don't think the rally is fake but obviously manipulators still do exist. |
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Can't tell you the amount of times I've seen.....'it's gone' and 'I had to sell".The price is still waaay higher than before.  |
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Wow,another ATH on Gox....and I thought that wouldn't be for the weekend.
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Mate, I've been guilty of trying this.. I know it's bad, I lose at it, yet I keep rolling the dice essentially gambling with my BTC.
Offline wallet is definitely the way to go. If I never played the trading game I'd be $35,000USD richer. I hate gambling, you'll never see me put down $100 on anything but poker at the casino. But for some reason I'm willing to throw away my BTC as soon as the lights start flashing on bitcoinity. In short I've got a gambling problem.
I hate it, because everytime I buy back in higher, it makes me more vulnerable to a drop, to the point where I might actually be losing money by holding BTC. I used to top up my BTC by depositing more money in, now at these rates I just can't afford to. $1k is only 2BTC! Ludicrous. My BTC is dwindling and I'll never make it back
Despite what you think, there's no way to predict what will happen.
Trading = Gambling
It's addictive. Don't do it. Buy and hold is the only way to go.
Lol,Many of us have been guilty of doing this but imagine doing it to 100 BTC trading for other virtual currencies.Buy and hold is great strategy but I think if there is solid information the price will tank sell and buy later. |
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I can't say about in the next month or so but I think in January there will definitely be a rally if the US messes with the default again....it makes people want to try alternatives worldwide.
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Looks like we'll go deeper. How deep, this is the scary question.
Most were saying the same thing when silk roads had an effect. Trends still indicate that the interest is only half as much as April of this year,so still find the current price to be still unusual.It's bullish,but I'd be cautious still. |
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I am still stunned that 1 BTC=~1/4 ounce of gold at this point and rapidly approaching 1/3 of an ounce of gold.
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It's not only China that is carrying up the price,I'm finding people are now having an interest on even paying way more than Gox for BTC.I'd be very cautious about calling a top with a country that has such a large middle class and is becoming more technically aware. Google trends has also been going up. |
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