My guess: The desire to be long for monday morning news. The possibility of GBTC doing something. Expect covering and sell off if nothing.
Winkies have been pretty quiet lately. Could be gemini news. |
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DOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOM?
Empowering you ask for more doom than the people on godlike productions and lunatic outpost forums. |
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240 is still holding up
Not for long, and then the longs start to get margin called and the flood gates are opened. That is my prognosis.  Or the longs are right and the only margin calls are on the shorters. Then this:  |
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Will there be enough coins for everyone?  Simple maths tells us nope. Get 'em while you still can! Bears keep using that USD for leverage shorts since you don't have any bitcoins! |
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Is it bull party time yet?  |
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Permabull since 2011 here. Risk/reward now seems about what it felt-like to me in early 2012, though I do think cycles are likely to take longer now vs then, since the ecosystem is larger.
And just to be clear, many of us bulls fully ack the risk involved with bitcoin as an investment, and consider it a very high sigma positive expectation position. Actually, it's probably the most asymmetrical opportunity I've seen, by far, that doesn't require the resources/expertise of a hedge-fund operator to actually execute on.
This is very true. Bitcoin is very easy to get in on. No minimum deposit requirements, no credit or background checks. If you can figure out how to buy something on amazon, you can figure out how to buy bitcoin at circle or coinbase. |
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This has to be the most boring Saturday in a long time. What is everyone waiting for? I'm going to go back to playing video games, bitcoin is no fun this weekend  |
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The price has been falling for over a year yet more and more VC pours in, more adoption, more transactions, more exchanges, big players, legit exchanges coming onboard. You want to talk about divergence, if there was a graph for the above compared to the price the bullish divergence would be so easy to see. When it takes off again it's really going to knock people's socks off. It is going to be an exponential sling shot. So many people will be trying to get in at the same time there won't be enough BTC available to buy.  Also, many sellers will remove their sell orders when they see a parabolic rise, which in turn will accelerate the rise. Exactly, the sell orders will get pulled, clearing the path for a huge rise. I mean why sell now if you can sell for more a day later? Actually, why sell at all, at that point? Adoption will be so wide spread you won't have to sell, you trade your one bitcoin for a house. |
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The price has been falling for over a year yet more and more VC pours in, more adoption, more transactions, more exchanges, big players, legit exchanges coming onboard. You want to talk about divergence, if there was a graph for the above compared to the price the bullish divergence would be so easy to see. When it takes off again it's really going to knock people's socks off. It is going to be an exponential sling shot. So many people will be trying to get in at the same time there won't be enough BTC available to buy. |
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Preparing for Takeoff, thank you for posting the Bullish graphic.  We are in the institutional investors phase existing the bear trap. The bulls are coming soon! |
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Maybe a flash crash from cascading margin calls on all the longs to take us down to below $200, but it wouldn't last long. There is way too much buy support at those levels. The thought of a $50 coin would be revisiting the lows of 2013 and likely way out of reach, I think even the superbears would agree on that.
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I think satoshi has shifted his focus elsewhere but still lurks around, it didn't take him long to post that he was not Dorian last year.
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Hooray a permabull thread!
Next pump going to $7K per BTC (~$100 Billion Market Cap)
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You want to mine with your PC processor???  Ok download bitcoin core, once synced and up to date with the blockchain, then open console and type: setgenerate true You are now cpu mining, good luck, CPU's are far too slow to mine at the current difficulty. |
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Absolutely, bitcoin is not at a level where a large amount of people depend or rely on it.
If it became the new primary way to pay rent/mortgage, gas, food then it would be difficult to imagine life without BTC.
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Nothing to see here. Just the expected stabiliaztion of the price. Bears don't have the power to push it further down. Bulls don't have the power (yet) to push it up.
I know, no one in here wants to hear this, but we are in for a booooring time (+/-$30 around 255 for the next weeks). Sorry.
Weeks? More like months imo. Honesly if i would be freezed for 1 year i woudnt be shocked to see a price somewhere in 200-300$ range. Its that boring. Maybe April will be more exciting, this sideways movement is killing me. |
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this thread used to be about walls, now it's about memes and trolls  still enjoy the odd visit though   No walls right now... so meme contest I suppose. The biggest order across stamp/finex/btc-e is a 76BTC sell on stamp at 248.55 ... Wait order pulled. Welp back to memes.  |
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On these slow days I like to look back... I'm still waiting for that $40-$50 bottom!  Using my simple D double o D double o style, my predictions for a bottom. ;-) 40 - 50  |
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It really turned me into a saver.
My wife and I both work and no kids so we have money to spend and we love spending it. When I buy bitcoin I get the satisfaction of spending but I'm saving at the same time. I would have just spent the money somewhere else, so if it goes to zero then oh well.
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Really nice domain you got there: phpfaucet.org
I dug through a few of the pages and code quality looks solid and secure using prepared statements and mysqli. Nice job! I'll have to test it out when I have more time.
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