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OrientA
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October 28, 2015, 12:16:15 PM |
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The green is continuing and it is not stopping  The price is going to reach probably $300 by today. It has been a huge change the last 15 hours for a bout $9.5 It reached $300 today. It is too fast. Hope it will not break $310. We need some consolidation for the future price rise. It's slow compared to 2013, when the price went from 200 to 1200 within 1 month. That was bubble time. The price crashed from 1200 to 200. We do not need any bubble like that. Steady 10-40% per year appreciation is fine. Less volatility will make bitcoin into a real currency, not just a betting chip. |
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Make sure you back up your wallet regularly! Unlike a bank account, nobody can help you if you lose access to your BTC.
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btcbeliever
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Activity: 232
Merit: 29
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October 28, 2015, 12:50:02 PM |
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The green is continuing and it is not stopping The price is going to reach probably $300 by today. It has been a huge change the last 15 hours for a bout $9.5 It reached $300 today. It is too fast. Hope it will not break $310. We need some consolidation for the future price rise. It's slow compared to 2013, when the price went from 200 to 1200 within 1 month. That was bubble time. The price crashed from 1200 to 200. We do not need any bubble like that. Steady 10-40% per year week appreciation is fine. Less volatility will make bitcoin into a real currency, not just a betting chip. or even per day. Bitcoin marketcap is still too ridiculously small compared to all the money on Earth. The number of people who know anything about it is still way too small. It needs to expand explosively in fits, filling mainstream media headlines, to fill it's rightful place when the inevitable worldwide collapse of fiat finally arrives. |
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Denker
Legendary
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Activity: 1442
Merit: 1014
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October 28, 2015, 01:12:11 PM |
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The green is continuing and it is not stopping The price is going to reach probably $300 by today. It has been a huge change the last 15 hours for a bout $9.5 It reached $300 today. It is too fast. Hope it will not break $310. We need some consolidation for the future price rise. It's slow compared to 2013, when the price went from 200 to 1200 within 1 month. That was bubble time. The price crashed from 1200 to 200. We do not need any bubble like that. Steady 10-40% per year week appreciation is fine. Less volatility will make bitcoin into a real currency, not just a betting chip. or even per day. Bitcoin marketcap is still too ridiculously small compared to all the money on Earth. The number of people who know anything about it is still way too small. It needs to expand explosively in fits, filling mainstream media headlines, to fill it's rightful place when the inevitable worldwide collapse of fiat finally arrives. I like your beliefs my friend but Bitcoin could not handle this huge sums and transaction that would take place and be needed for this to happen. So a slower growth is appreciated from my point of view.We wanna be sustainable and trusted.So let's do it with patience and stepwise. |
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Shiver
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October 28, 2015, 01:14:27 PM |
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I put myself in the group of "slow and steady growth". The reason I say that is because volatility is great for traders, but the average Joe wondering where to park his money needs confidence in some kind of stability on annual returns, and they are also the majority of the population. $2-3 gains per day would be fantastic imho.
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gentlemand
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Activity: 2590
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Welt Am Draht
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October 28, 2015, 01:19:38 PM |
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I put myself in the group of "slow and steady growth". The reason I say that is because volatility is great for traders, but the average Joe wondering where to park his money needs confidence in some kind of stability on annual returns, and they are also the majority of the population. $2-3 gains per day would be fantastic imho.
It's the traders who've always been steering the ship and they care not for what Average Joe feels. Maybe when there's enough genuine demand all the market psychos will be swamped in a tidal wave but until then they're calling the shots whether we like it or not. |
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brg444
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October 28, 2015, 01:20:27 PM |
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I put myself in the group of "slow and steady growth". The reason I say that is because volatility is great for traders, but the average Joe wondering where to park his money needs confidence in some kind of stability on annual returns, and they are also the majority of the population. $2-3 gains per day would be fantastic imho.
The average joe is much more likely to put money into Bitcoin if there are prospects of 100%-500% returns. Greed is the biggest driver of Bitcoin adoption. You don't generate much of it with "slow and steady growth" |
"I believe this will be the ultimate fate of Bitcoin, to be the "high-powered money" that serves as a reserve currency for banks that issue their own digital cash." Hal Finney, Dec. 2010
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disamsal
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October 28, 2015, 01:20:55 PM |
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hope the "green" will go until NYE
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ssmc2
Legendary
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Activity: 2002
Merit: 1040
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October 28, 2015, 01:33:47 PM |
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I put myself in the group of "slow and steady growth". The reason I say that is because volatility is great for traders, but the average Joe wondering where to park his money needs confidence in some kind of stability on annual returns, and they are also the majority of the population. $2-3 gains per day would be fantastic imho.
The average joe is much more likely to put money into Bitcoin if there are prospects of 100%-500% returns. Greed is the biggest driver of Bitcoin adoption. You don't generate much of it with "slow and steady growth" Yep. And couple that with a little FOMO and off to the races we go. |
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WhiskeyInTheJar
Newbie
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Activity: 6
Merit: 0
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October 28, 2015, 01:45:44 PM |
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Hope red will take at least a little bit as green means bad things  |
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Biodom
Legendary
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Merit: 3864
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October 28, 2015, 01:46:06 PM |
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I put myself in the group of "slow and steady growth". The reason I say that is because volatility is great for traders, but the average Joe wondering where to park his money needs confidence in some kind of stability on annual returns, and they are also the majority of the population. $2-3 gains per day would be fantastic imho.
$2-3 a day is NOT slow and steady, it is 133-361% a year. It is hardly slow. |
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Dilla
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October 28, 2015, 01:55:06 PM |
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Hope red will take at least a little bit as green means bad things Wat. |
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Foxpup
Legendary
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Activity: 4354
Merit: 3042
Vile Vixen and Miss Bitcointalk 2021-2023
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October 28, 2015, 02:03:20 PM |
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Hope red will take at least a little bit as green means bad things Wat. He's short, hence his username. |
Will pretend to do unspeakable things (while actually eating a taco) for bitcoins: 1K6d1EviQKX3SVKjPYmJGyWBb1avbmCFM4I am not on the scammers' paradise known as Telegram! Do not believe anyone claiming to be me off-forum without a signed message from the above address! Accept no excuses and make no exceptions! |
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OrientA
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October 28, 2015, 03:05:03 PM |
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I put myself in the group of "slow and steady growth". The reason I say that is because volatility is great for traders, but the average Joe wondering where to park his money needs confidence in some kind of stability on annual returns, and they are also the majority of the population. $2-3 gains per day would be fantastic imho.
$0.3 per day gain for the next year is appropriate. In 5 years, $3 per day appreciation is fine. No more than 40% volatility per year . |
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Amph
Legendary
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Activity: 3206
Merit: 1069
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October 28, 2015, 03:09:40 PM |
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I put myself in the group of "slow and steady growth". The reason I say that is because volatility is great for traders, but the average Joe wondering where to park his money needs confidence in some kind of stability on annual returns, and they are also the majority of the population. $2-3 gains per day would be fantastic imho.
$2-3 a day is NOT slow and steady, it is 133-361% a year. It is hardly slow. people are accustomed to the last ath were the gain was enormous, we skyrocketed from 90 to 1200 in two weeks, unbelievable, almost $80 per day it's clear that 2% seems a dot in comparison |
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smith coins
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October 28, 2015, 03:52:57 PM |
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Well it is still green, for 7 weeks almost.
Only today the price of bitcoin has been increased too much +$11.78
Which makes bitcoin price of $306.18, i think that most of us are happy that the price has been increased right?
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Dilla
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October 28, 2015, 04:02:32 PM |
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Well it is still green, for 7 weeks almost.
Only today the price of bitcoin has been increased too much +$11.78
Which makes bitcoin price of $306.18, i think that most of us are happy that the price has been increased right?
Yes. We've had cheap coins all year, it's their own damn fault if they want the price to go lower for cheaper coins. |
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jehst
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October 28, 2015, 04:41:05 PM |
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We haven't stayed above $300 for more than 24 hours this year. We're struggling at 299 as we speak. These next few days are the moment of truth. Is $300 still the ceiling, or is it going to be the new floor?
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Year 2021
Bitcoin Supply: ~90% mined
Supply Inflation: <1.8%
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zby
Legendary
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Activity: 1592
Merit: 1001
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October 28, 2015, 04:45:10 PM |
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hmm - the question is if the seven red weeks that'll come later will eat the 7 green weeks
Anyone had a dream on that?
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Kevin77
Legendary
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Activity: 1652
Merit: 1057
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October 28, 2015, 04:47:38 PM |
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We haven't stayed above $300 for more than 24 hours this year. We're struggling at 299 as we speak. These next few days are the moment of truth. Is $300 still the ceiling, or is it going to be the new floor?
May be you're right as per the current scenario, bitcoin may stick around $300 levels for some times with respect to supply and demand concerns. it may test some higher levels too, but will sustain around $300 levels as it seems a good price for time being. |
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smith coins
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October 28, 2015, 05:08:45 PM |
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We haven't stayed above $300 for more than 24 hours this year. We're struggling at 299 as we speak. These next few days are the moment of truth. Is $300 still the ceiling, or is it going to be the new floor?
I think that bitcoin has been moved to the next new floor. Most of us don't want to see again the price falling below $300. I hope every next upcoming weeks will be green and no red please. |
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