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Author Topic: Permabull Party Thread  (Read 11405 times)
Hyena
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July 12, 2015, 08:06:44 PM
 #161

this should be the bitcoin honey badger rally song: https://www.youtube.com/watch?v=01MRCQ8Q4Cw

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LFC_Bitcoin
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July 12, 2015, 08:57:29 PM
 #162



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600watt
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July 12, 2015, 09:25:56 PM
 #163



reminds me of the 2014 bitcoin performance
BlindMayorBitcorn
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July 12, 2015, 09:41:41 PM
Last edit: July 12, 2015, 11:45:35 PM by BlindMayorBitcorn
 #164


reminds me of the 2014 bitcoin performance

Well dude, sometimes you eat the bear, sometimes the bear eats you.


Forgive my petulance and oft-times, I fear, ill-founded criticisms, and forgive me that I have, by this time, made your eyes and head ache with my long letter. But I cannot forgo hastily the pleasure and pride of thus conversing with you.
rjclarke2000
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July 12, 2015, 10:05:07 PM
 #165



reminds me of the 2014 bitcoin performance



^^the guy driving falling. Ha ha ha watched it over and over ha ha
jonald_fyookball
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July 13, 2015, 05:31:48 PM
 #166

Drop below 300 has little to do with Greece imo. 

Searing
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July 15, 2015, 06:30:12 AM
 #167

Drop below 300 has little to do with Greece imo. 

I sure would like to see BTC go like LTC stupid in a pump like a week or so ago Smiley

(I so love a good love story ..such a sap I am) Smiley

Instead BTC acts like on even the next bit of even the 'mildest' of bad news ...it wants to run back to Momma at around 250 usd Smiley

damn it BTC 'MAN UP" already..you can pump and dump like LTC just put your mind to it Smiley I would prefer more pump then dump howerver Smiley

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July 16, 2015, 05:59:26 PM
 #168

Like I posted on another thread, if this is WAVE II that is ending, then the top of WAVE III will be at around $120k/Bitcoin. If this comes to pass, there will be a transfer of wealth into Bitcoin the likes of which humanity has never experienced. As technological development advances,  and hits the proverbial knee of the curve in the 2030's, the purchasing power of a Bitcoin will rise to heights unimagined - Probably on the order of tens or hundreds of millions of dollars in today's money. Even 1 Billion USD/Bitcoin in purchasing power (and beyond) are possible. The value of Bitcoin will represent the future growth projections of the Human/Machine civilization which will be rapidly expanding into virtual worlds and virtual economies as large as those we see today from G1 nations.  

Anything near that dollar amount would unsustainable for a long period. At least anytime in the next 10 years when block rewards will still be at least 3 BTC per block. Could you imagine in 2025 when rewards are 3 BTC if it were $120K per BTC or $360,000 every ten minutes, that's $51 million dollars a day that would have to absorbed. I just don't see that type of value happening, at least not until 20+ years from now.

$51 mil a day is NOTHING, less than half a million of AAPL shares while there are more than 5 bil of those (so, 1/10000 of AAPL shares-a single stock).
Incidentally, 44 mil shares of AAPL traded today-$5.5 bil (100 times more $$ than you describe).

$51 mil has as much volume for market as an ants fart in the forest (well, maybe rabbits).

Very interesting, I did not know that.
Well that's good some people think it's possible. I'm not opposed to the idea but it just seems like such a large amount compared to the current daily inflation rate.


True, it does. But consider the inflation rate in 10 years. the stock to flow ratio will bigger than gold's
cellard
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July 16, 2015, 06:20:06 PM
 #169

Drop below 300 has little to do with Greece imo. 

Just wait a bit once Greece goes on overdrive after it's clear what's already obvious by anyone with a brain: That Greece is on a dead end and can't pay the debt, and they will eventually abandon the eurozone (lets remember they cannot be kicked, but they can be "pushed").
BlindMayorBitcorn
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July 19, 2015, 03:46:10 PM
 #170


Forgive my petulance and oft-times, I fear, ill-founded criticisms, and forgive me that I have, by this time, made your eyes and head ache with my long letter. But I cannot forgo hastily the pleasure and pride of thus conversing with you.
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July 19, 2015, 03:54:11 PM
 #171

Money As Trains:

Fiat (obsolete):
https://acb26d91ffd70289a984-9fe58673bddbc058b8f0b77e0094f82c.ssl.cf2.rackcdn.com/a26a1c3d85c985c7be15082d44019d65.jpg

Bitcoin, as conceived by Satoshi Nakamoto:
http://www.voyageronline.com.au/wp-content/uploads/2013/04/Aerowagon.png

Bitcoin, first implementation:
http://strangevehicles.greyfalcon.us/Pictures/z1.jpg

Bitcoin today:
http://slovovolyni.com/admin/files/images/news/4885_5.jpg

Bitcoin, in Two Weeks:
http://weblog.bezembinder.nl/316-330/schienenzeppelin.jpg

Bitcoin, roadmap (to space and beyond):
http://farm1.static.flickr.com/126/354623525_c92477eee3.jpg
coinableS
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July 19, 2015, 03:54:59 PM
 #172

The bulls just went on vacation after that massive run. After that they need to recover from their hangover's and divorce their new hooker wives. Once all that is cleared away the bulls will be back for another. Things are just getting started.

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July 19, 2015, 06:50:39 PM
 #173

The bulls just went on vacation after that massive run. After that they need to recover from their hangover's and divorce their new hooker wives. Once all that is cleared away the bulls will be back for another. Things are just getting started.

If you think about this thread is nonsense. It should be bull party forever, or at least while 1 BTC stays under 1K. Anything that's less than 5 figures BTC = cheap as fuck BTC for any long term investor. Do not agree? enjoy your lack of long term vision.
EvolutionOfMoney
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July 19, 2015, 07:08:25 PM
 #174

If you think about this thread is nonsense. It should be bull party forever, or at least while 1 BTC stays under 1K. Anything that's less than 5 figures BTC = cheap as fuck BTC for any long term investor. Do not agree? enjoy your lack of long term vision.

Why 1k?  I bought when BTC was over 1k, and to this day think I got a great deal!
Who cares that I've lost three quarters of my money, it's all good Smiley
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July 19, 2015, 07:13:41 PM
 #175

Drop below 300 has little to do with Greece imo. 

Just wait a bit once Greece goes on overdrive after it's clear what's already obvious by anyone with a brain: That Greece is on a dead end and can't pay the debt, and they will eventually abandon the eurozone (lets remember they cannot be kicked, but they can be "pushed").

I read that the banks open again in greece tomorrow.  We will see if there is a run or not.  Me, if I was in Greece, I would take every last penny out of the banks.  I don't know if I would put it in cryptos, but f**k those bank bastards I would stick it in my pillow.
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November 04, 2015, 04:18:18 AM
 #176

Now is the time to resurrect this thread.

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November 04, 2015, 04:49:54 AM
 #177

If all the americans here don't donate to Rand Paul for Pres then shit is hopeless. randpaul.com is the way, I've done it.
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November 04, 2015, 05:41:59 AM
 #178

Now is the time to resurrect this thread.

are we at $1000 yet?

I thought the first bump was supposed to happened at $1000, you're a bit early.
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November 04, 2015, 11:37:57 AM
 #179



i love the fact this graph has been destroyed by the btc graph

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November 18, 2015, 03:32:08 PM
 #180

No it hasn't.  If anything this has been proven.  We just saw greed pump up to $500 and despair as it fell below 300.  Now it reverted to the mean.

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