no ranting please, i wanted to take the whole case low because i just saw a strange coincidence. i don't want to discredit an honest seller in any way so that he has disadvantages from that. there is no evidence right now that somethings wrong seller pmed me some minutes ago and i will close my thread with an excuse when auction is succesful. until then nobody should start a hassle
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i'm not crazy i'm telling you 180$ in about 2 weeks time, deal with it we are stuck between 23.6% and 32.8% retracement and you plan $180^^ without massive good news that's rly hard to imagine .. I'm bullish, but may I have some of what you're smoking? cause unless Amazon/Walmart/Target/Newegg/McDonalds decide to start taking BTC, I don't see 180 anytime soon (soon= june/july) Actually just Walmart would do it. Can you imagine the ArvestBitmartATM? (grin) Any of those retailers would do it... all at the same time would spike BTC to the roof!!! Actually I think Amazon would be the one with the most impact and this is a pseudo-educated guess due to Amazon's target audience is more educated than walmart. NewEgg is too niche to nerds and not as massive as Amazon. Target has generally higher income levels of customers than Walmart so in order of impact: Amazon, Target, Newegg, Walmart... I'm not sure if amazon hops onto the train. they already sell amazoncoins ( http://www.amazon.com/gp/feature.html?ie=UTF8&docId=1001166401) but perhaps that's just their strategy to get more dependendance of consumers . i also read somewhere about future Applecoin for itunes. this reaction to the whole coin-idea is just logical natural adaption in favor of big companies. they still want to have advantages for gain in profit, it's like interest-free credit for them. one possible integration of btc is perhaps someday you can trade it for the different coins of the big companies. this would mean mass adoption and btc taking the role of a goldstandard for individual virtual currencies. that is just one very bullish prediction for things to come there are plenty of others ...interesting times we live in...
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no ranting please, i wanted to take the whole case low because i just saw a strange coincidence. i don't want to discredit an honest seller in any way so that he has disadvantages from that. there is no evidence right now that somethings wrong seller pmed me some minutes ago and i will close my thread with an excuse when auction is succesful. until then nobody should start a hassle
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Jaroslaw hopes to drive price down I suppose.
why i do this when i want to sell ? i wish the price was 200$. I am saying that all of your bullshit posts are because you want to drive price down. I mean, if it works it would be great, I want the price to crash because I don't hold any coins at the moment, but you do not own shit. lol you really are sad, let's just see some of your other posts:
"That was just stupid sir. I buy a lot of coins at 55 and sold them at 130. now waiting for another crash and enjoy my money" lol so you're obviously desperate for price not to go above $130
"It will be going 1000$ by end of year."
"When i hold bitcoins im bull :> When i want buy bitcoins im bear "
lol says it all really.
Now all of a sudden you have secret inside info? lol and you manage to get access to such secret info when just 4 days ago you're asking questions like "Im new here and i have 10 000$ should i jump in ?"
You've really done well to go from clueless noob to privileged insider trader in just 4 days. Amazing!
lol just start digging in someone's comment history and you figure out which people to sort out. suddenly i get the idea of ignoring every bear around here... that would turn this thread in some uberbullish hardcore stuff i have to taste some of this weeeeeeee by the way, cheers rpietila and get well soon
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wow, ok i was totally wrong expecting dumps during the night... so just one ridiculously big pump to 110$?
hmm smells like a possible bulltrap to me. perhaps then next dump middle of this week?
big pump can have long term plans.. but it's a bit strange .. he could have waited when we hit real bottom.. or tested bottom at least 2 times.. maybe we have seen bottom.. it's all a big guess right now. when you don't have coins anymore to push the price down you need to reload... ...then wait for short phase of growth and start dumping again you really can milk the market like a cow when you have the coins for it. well after all that's the nature of a free market. welcome to the jungle of bitoin
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wow, ok i was totally wrong expecting dumps during the night... so just one ridiculously big pump to 110$?
hmm smells like a possible bulltrap to me. perhaps then next dump middle of this week?
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read such comments everytime we went below 100$ which happened 3x since crash in april. somehow people are psychologically attached to that nice round number to see some fundamental value in btc at that point
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I base my trades solely on what is said in this thread. hey i'm just speculating what could happen. (i just trade on comments by some rare longterm users in this thread, and even then it's mostly better to just watch and hold as a newbie) I'm following the market as recently as last bubble and throw some thoughts out from time to time, to see what comments they get. by that i hope to learn some things from users that have more longterm experience. i noticed sunday night dumping as good method for buying cheap coins. (market can be manipulated with lower volumes during the night when the daily show is over and then panic begins in US on monday morning) watching the sundays of the last weeks a monday dip occured quite often or am i wrong?
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i missed the whole action of last three days so I'm maybe way off, but i have this gut feeling that we'll see more dumps during the night, so US can wake up to low price and start another panic selloff. (well at least if i was speculating with lot of coins I'd do that)
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so i watched this auction https://bitcointalk.org/index.php?topic=230048.0after looking at Bush's trust summary he has 4 untrusted positive feedbacks. somehow two of these guys that did these feedbacks (BitNit & NumberFive) have bids placed at this auction and their profiles were registered some minutes after another. (June 01, 2013, 01:45:51 AM; June 01, 2013, 01:47:36 AM) these profiles themselves got only positive trust feedback from Bush before. when checking the only reference for his feedback from transcation with BitNit, i get a currency exchange transaction thread that is filled with profiles with negative trust level screaming SCAMMER in their trust summary. i don't know what's up with that whole connection, but i don't feel like buying his cake. It simply feels too constructed to be true that two guys register with 1 1/2 min time difference and by pure chance place bids at same auction from the guy they both gave positive feedback before. is there a way to put profiles on Scam-Watch or something similar??? I'm new to auction and just passed by. thanks for any feedback edit: I don't want to discredit any trader just by assumption so I'll post if everything went well. perhaps buyers can give feedback here...
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Also, WHERE IS YOUR IMAGINATION? Bitcoin adoption is constantly growing. Don't look at how bitcoins work today, think about how the world will look with bitcoins tomorrow. That's how investing works, you buy an asset that you think will be valuable in the future.
Adoption isn't really growing if businesses don't take it. Speculation is growing and that's dangerous, look at the dot.com bust. Bitcoin needs businesses that use it. My imagination is in making that happen. Building a business that exclusively takes bitcoins. Providing a place for people to spend it on stuff they normally purchase with cash or credit cards. There aren't enough of those places, and by providing such a place I very well may profit far more than any Bitcoin value speculation. The Bitcoin value speculation ship has sailed. Some money can be made, sure, but the huge profits - those days are gone. Why do you think so many alt currencies are popping up? People trying to do what they can't do in Bitcoin anymore. We need easier safe ways to get bitcoin, exchanges that operate in the United States and comply with US law, better documentation, clients that aren't confusing to non-penguins. +1 but it's good that bubbles keep popping, at some point the hole pot is cooking. everything right now feels like the beginning of the internet. Small startups, slow growth that couldn't keep up with the huge specualtion bubble. But think of developement of companies like google or facebook right now. I wonder if some day we will see a bitcoin-based company starts selling shares at a regular stockexchange. that would be a nice paradox .
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ah shit you were faster , i just worked on that in photoshop
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Following the pattern 1:1? 10 = 100 now? Looks uncanny similar if you multiply the numbers by 10. Doubt it will keep following the same pattern though, at least not so closely. chart is from 2011 right? well, conclusion: 100 will be 1000 in two years???
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Bottom will be touched when people stop talking about "cheap coins" and talk about "dead coins" instead.
Somewhere between $9 and $49 I think...
Shh! 50 is their white knight in shining armour, don't take that away from them. I heard someone calling? had to dig that one out: http://www.youtube.com/watch?v=VEvz-4dbQjE
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it was at 87 a few weeks ago and bounced back to 130. I'm sure you said it was "game over" then too. If you say that every time it drops, you will be right eventually but wrong every other time of course.
this! this! this! this! this! this! this! plus game isn't even over under 30$. at some point we have less speculation because of small gain in profit and it will stabilize more which is good for actual market growth.
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....
I would like to hear you undermine this claim of mine: The only reason why somebody would go and exchange fiat for bitcoin right now (not counting speculation, store of value) is to spend it on Silkroad. Nobody in right mind would go and exchange it to btc only to buy something they could have bought instantly with traditional methods. And the only thing that they can't, are silkroad goods. YES if you already have bitcoins then you might use them on other stuff, if you mine, you will use them. But this is minority of people. I'm talking about general public. you're still throwing in that stuff you said some days ago? last time I ranted and was drunk but now I'm sober and have to comment again: we are at the transmission of an economy that grew by mining investment/ usement for illegal services to enter new markets. massadoption will grow when btc is used more and more for web-based services (as mentioned before e.g. payment of digital media, cloud space, websites etc.) this takes some time to get going and isn't represented by present price changes of btc. at some certain point companies can't ignore the purchasing power behind btc. (imo silkroad argumentation is even kind of bullish. Drug business is a huge market with lots of cash, sr represents an unimportantly small market share atm. Imagine more mass adaption only in that sector combined with possibly ensuing prohibition of btc in several countries and we go to the moon. although this would mean a role as blackmarket currency for very long time) if you talk about future mass adoption think about your current role transferred to millions of people. if you've invested in gold would you complain about not being able to buy a smartphone with your nuggets and wonder why some big guys can manipulate the price??? support vendors that use btc (even small amounts have an kickstarter-like effect) and you will help the market around it to grow (and with that your investment in the first place) btc can be both commodity and currency at the same time and the scales are unbalanced because of the lack of payment usage. (it's apparent which usage brings stability combined with steady growth) swarm intelligence will naturally take some years of bubbles and crashes until it actually figures out its full purpose and potential for the virtual ecosystem. (the main purposes of internet weren't figured out in its early years either, so let's see how things evolve) i think i need a beer byebye double digits (at least for some sips)
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I'm half btc half cash now and don't know if to sell or buy.
Keep it at that ratio. If it goes down 20% buy more coins to bring the ratio back to 50/50, if it goes up 20% then sell some coins, always keep it at 50/50. You can even set this up in advance with limit orders and have more free time for fishing. thanks. that sounds like a plausible advice. will go more fishing soon these three days without any connection to electronic mayhem felt quite good.
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(I'm half btc half cash now and don't know if to sell or buy. cheap coins are smiling at me right now ) If you don't know what to do, don't do anything. yea that was the first thought that came to my mind...hold strong and just watch the show. edit: but the longer i'm looking at the price it seems so cheap right now.
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well shit... went camping and fishing in the mountains for the last three days and now I come back and see this. Was it just the usual suspects dumping with panic sells or have there been some important news that caused this "crash"? Are we bottomed out yet or will it go lower? (I'm half btc half cash now and don't know if to sell or buy. cheap coins are smiling at me right now ) could somebody give me a objective short summary to be up to date please. (too lazy to read through last 30 pages)
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