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Author Topic: I am pretty confident we are the new wealthy elite, gentlemen.  (Read 608857 times)
CoinCidental
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November 14, 2014, 04:46:09 PM
 #2241

Yah the scale on that makes it look super dramatic, barely a hiccup really.

Bitcoin be like ... https://www.youtube.com/watch?v=6GRuzaMwvrA

Stay calm gentlemen, there was erratic behaviour very similar before the last ath too
Its all to be expected on the way up
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Put BTC here: 1GSwznUNG4co5rS3ctmRgtYGcWiHAnwAyj


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November 14, 2014, 05:44:54 PM
 #2242

Yah the scale on that makes it look super dramatic, barely a hiccup really.

Bitcoin be like ... https://www.youtube.com/watch?v=6GRuzaMwvrA

Stay calm gentlemen, there was erratic behaviour very similar before the last ath too
Its all to be expected on the way up

How many months do you anticipate BTC prices will be lingering in these $360 to $800 prices?  

I am thinking that we could be in this price range for 6 months or potentially longer (maybe up to a year), even though it does seem that the next bubble is more imminent, such as more likely to occur within the next 1-3 months.

My current theory also is that once BTC prices get into the $750 to $850 range, then the taking of profits will likely subside for a short period of time while the masses and the sideline money jump onto the upward momentum train that take us past the previous ATH and into the $3k to $13k price per BTC range.   Let's say on average at the moment anticipating a $7,500 price per BTC would put BTC market cap at approximately $105 billion. Such a market cap does NOT seem outside of reason given the amount of infrastructure building in the BTC space (and the sheer powerfulness of the BTC computing network).... but even $7.5k per BTC may NOT be sustainable until after the next halfing of BTC mining production.. and until more BTC infrastructure is built.... but yep, BTC prices can surely escalate into a couple more 5x to 10x bubbles so long as the network and adoption keeps expanding at extrapolated levels of its current pace.

TheCloser
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November 14, 2014, 05:57:27 PM
 #2243

I think y'all scared the momentum away. Next time, watch silently so we don't scare the uptick away. Watch out for bear traps too.
picolo
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November 14, 2014, 09:11:09 PM
 #2244

I think y'all scared the momentum away. Next time, watch silently so we don't scare the uptick away. Watch out for bear traps too.

The price goes up, short need to buy back so the price goes higher ect. then it reverses

Yah the scale on that makes it look super dramatic, barely a hiccup really.

Bitcoin be like ... https://www.youtube.com/watch?v=6GRuzaMwvrA

Stay calm gentlemen, there was erratic behaviour very similar before the last ath too
Its all to be expected on the way up

How many months do you anticipate BTC prices will be lingering in these $360 to $800 prices? 

I am thinking that we could be in this price range for 6 months or potentially longer (maybe up to a year), even though it does seem that the next bubble is more imminent, such as more likely to occur within the next 1-3 months.

My current theory also is that once BTC prices get into the $750 to $850 range, then the taking of profits will likely subside for a short period of time while the masses and the sideline money jump onto the upward momentum train that take us past the previous ATH and into the $3k to $13k price per BTC range.   Let's say on average at the moment anticipating a $7,500 price per BTC would put BTC market cap at approximately $105 billion. Such a market cap does NOT seem outside of reason given the amount of infrastructure building in the BTC space (and the sheer powerfulness of the BTC computing network).... but even $7.5k per BTC may NOT be sustainable until after the next halfing of BTC mining production.. and until more BTC infrastructure is built.... but yep, BTC prices can surely escalate into a couple more 5x to 10x bubbles so long as the network and adoption keeps expanding at extrapolated levels of its current pace.

100billions of market cap is not out of the question at all if there are hints that Bitcoin could get way bigger in a few years

BitBear2
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November 14, 2014, 10:31:33 PM
 #2245

If they continue to implement bitcoin payment in social aspect it will def grow bigger. I think this is the most important step to be made as for bitcoin to be adopted as a universal payment method.
wachtwoord
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November 22, 2014, 04:47:55 PM
 #2246




Some of the new elite just got very wealthy again Tongue

Nah, they already were before that happened.

joeventura
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November 25, 2014, 01:07:14 PM
 #2247

Analysis: Around 70% of Bitcoins Unspent for Six Months or More

http://www.coindesk.com/analysis-around-70-bitcoins-dormant-least-six-months/

BitCoinRateWatcher.com One stop for latest rates from MtGox, Bitstamp, CampBx, Coinbase and Bitpay all on one mobile friendly screen.
philiveyjr
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November 25, 2014, 01:54:50 PM
 #2248

I didn't know we are allowed to post threads anonymously. How do I do that?

Bagatell
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November 25, 2014, 01:56:37 PM
 #2249

I didn't know we are allowed to post threads anonymously. How do I do that?

You have to get banned.
picolo
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November 25, 2014, 09:27:22 PM
 #2250

I didn't know we are allowed to post threads anonymously. How do I do that?

You have to get banned.

The question comes back every few pages Grin

If they continue to implement bitcoin payment in social aspect it will def grow bigger. I think this is the most important step to be made as for bitcoin to be adopted as a universal payment method.

I think the proprieties as a way to exchange value is already enough but any other functionality is welcome.

cuddaloreappu
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November 27, 2014, 01:04:11 AM
 #2251

The OP of this thread was banned after this thread was created,hence it shows as anonymous...AFAIK
BlindMayorBitcorn
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November 27, 2014, 01:05:48 AM
 #2252

The OP of this thread was banned after this thread was created,hence it shows as anonymous...AFAIK

I've heard his name was Atlas and he was just a kid

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.
fabiola!
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November 29, 2014, 12:11:57 AM
 #2253

I didn't know we are allowed to post threads anonymously. How do I do that?

You have to get banned.

Lol I wonder why he got banned

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cbeast
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Let's talk governance, lipstick, and pigs.


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November 29, 2014, 12:17:02 AM
 #2254

The OP of this thread was banned after this thread was created,hence it shows as anonymous...AFAIK

I've heard his name was Atlas and he was just a kid
"His name was Atlas."

Any significantly advanced cryptocurrency is indistinguishable from Ponzi Tulips.
QuestionAuthority
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November 29, 2014, 06:50:38 AM
 #2255

I didn't know we are allowed to post threads anonymously. How do I do that?

You have to get banned.

Lol I wonder why he got banned

He was banned because he kept posting threads showing the romantic blue mood lighting in his room. lol

dopecoindude
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November 29, 2014, 07:02:34 AM
 #2256

I didn't know we are allowed to post threads anonymously. How do I do that?

You have to get banned.

Lol I wonder why he got banned

He was banned because he kept posting threads showing the romantic blue mood lighting in his room. lol

I think he committed suicide yes ? The last I recall was everyone here cheering him on to do it.... lol  I was just thinking about him the other day ( not sexually ) .

It is here folks. DopeCoinGOLD . The #1 Crypto-Weed Coin.
BlindMayorBitcorn
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November 29, 2014, 06:43:21 PM
 #2257

I didn't know we are allowed to post threads anonymously. How do I do that?

You have to get banned.

Lol I wonder why he got banned

He was banned because he kept posting threads showing the romantic blue mood lighting in his room. lol

I think he committed suicide yes ? The last I recall was everyone here cheering him on to do it.... lol  I was just thinking about him the other day ( not sexually ) .

Cheering him on to do it? Not sexually? I must have missed a really interesting few years

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.
fabiola!
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November 29, 2014, 10:26:59 PM
 #2258

I didn't know we are allowed to post threads anonymously. How do I do that?

You have to get banned.

Lol I wonder why he got banned

He was banned because he kept posting threads showing the romantic blue mood lighting in his room. lol

I think he committed suicide yes ? The last I recall was everyone here cheering him on to do it.... lol  I was just thinking about him the other day ( not sexually ) .

Cheering him on to do it? Not sexually? I must have missed a really interesting few years

He's joking obvs, if not I'm really disappointed that you guys would cheer someone to kill himself, are u serious?


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picolo
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December 01, 2014, 10:32:33 PM
 #2259

I didn't know we are allowed to post threads anonymously. How do I do that?

You have to get banned.

Lol I wonder why he got banned

He was banned because he kept posting threads showing the romantic blue mood lighting in his room. lol

romantic blue mood lighting?

https://www.google.fr/search?q=romantic+blue+moon&biw=1000&bih=673&source=lnms&tbm=isch&sa=X&ei=Z-x8VNWHMqb5ywOtxYLADQ&ved=0CAcQ_AUoAg

interlagos
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December 13, 2014, 06:27:43 PM
 #2260

Now that MSFT is onto it, we are one step closer to the new "PoWers that BTC"
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