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Author Topic: my intuition says: we're sitting on a rocket about to be ignited  (Read 36818 times)
DoomDumas
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November 08, 2012, 04:33:32 AM
 #61

With the halving only 6 weeks or so away, I quite surprise the price hasn't started to go up.
Guess no-one cares.

 The halving will happen in november in no more than 3 weeks.

IMO, the doubling in the ratio of exchange, due to the halving, occurs this spring/summer, when we got from 5$ to 10$
Meanwhile, I've bet BTC would be traded over 20$ on the 1st Jan 2013, I guess for other reasons !

I'm split as you can see.. so let's bet about the price on the 1st Jan on betsofbitco.in
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Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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November 16, 2012, 06:00:41 PM
 #62

My screen tells me that you were right.
The rocket has been filled of gas and is now taking off.
Let's see if this one will crash in the see or reach the moon!

The cost of mediation increases transaction costs, limiting the
minimum practical transaction size and cutting off the possibility for small casual transactions

Satoshi Nakamoto : https://bitcoin.org/bitcoin.pdf
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November 16, 2012, 06:02:33 PM
 #63

I don't put much stock in "feelings" compared with math. However I feel it also. I'm buying some more this weekend.

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Free bitcoin in ? - Stay tuned for this years Bitcoin hunt!
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November 16, 2012, 06:20:15 PM
 #64

My screen tells me that you were right.
The rocket has been filled of gas and is now taking off.
Let's see if this one will crash in the see or reach the moon!

Oh no, this is not a confirmation. I was "feeling" longer term and much bigger rocket. It could be the first stage, though.

PGP key molecular F9B70769 fingerprint 9CDD C0D3 20F8 279F 6BE0  3F39 FC49 2362 F9B7 0769
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November 16, 2012, 06:21:28 PM
 #65

Waiting for my funds to clear at Dwolla so I can get all the way in on this ride.
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November 16, 2012, 08:51:04 PM
 #66

BUY BUY BUY! LET THE ROCKET FLY!






             ,gaaaaaaaagaaaaaaaaaaaaagaaaaaaaag,
           ,aP8b    _,dYba,       ,adPb,_    d8Ya,
         ,aP"  Yb_,dP"   "Yba, ,adP"   "Yb,_dP  "Ya,
       ,aP"    _88"         )888(         "88_    "Ya,
     ,aP"   _,dP"Yb      ,adP"8"Yba,      dP"Yb,_   "Ya,
   ,aPYb _,dP8    Yb  ,adP"   8   "Yba,  dP    8Yb,_ dPYa,
 ,aP"  YdP" dP     YbdP"      8      "YbdP     Yb "YbP  "Ya,
I8aaaaaa8aaa8baaaaaa88aaaaaaaa8aaaaaaaa88aaaaaad8aaa8aaaaaa8I
`Yb,   d8a, Ya      d8b,      8      ,d8b      aP ,a8b   ,dP'
  "Yb,dP "Ya "8,   dI "Yb,    8    ,dP" Ib   ,8" aP" Yb,dP"
    "Y8,   "YaI8, ,8'   "Yb,  8  ,dP"   `8, ,8IaP"   ,8P"
      "Yb,   `"Y8ad'      "Yb,8,dP"      `ba8P"'   ,dP"
        "Yb,    `"8,        "Y8P"        ,8"'    ,dP"
          "Yb,    `8,         8         ,8'    ,dP"
            "Yb,   `Ya        8        aP'   ,dP"
              "Yb,   "8,      8      ,8"   ,dP"
                "Yb,  `8,     8     ,8'  ,dP"   
                  "Yb, `Ya    8    aP' ,dP"     
                    "Yb, "8,  8  ,8" ,dP"
                      "Yb,`8, 8 ,8',dP"
                        "Yb,Ya8aP,dP"
                          "Y88888P"
                            "Y8P"
                              "       

Free TON





PEER-TO-PEER MULTY-BLOCKCHAIN SYSTEM
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November 16, 2012, 08:57:20 PM
 #67

BUY BUY BUY! LET THE ROCKET FLY!
more on that please
the_thing
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November 16, 2012, 09:08:23 PM
 #68

RALLY TIME







             ,gaaaaaaaagaaaaaaaaaaaaagaaaaaaaag,
           ,aP8b    _,dYba,       ,adPb,_    d8Ya,
         ,aP"  Yb_,dP"   "Yba, ,adP"   "Yb,_dP  "Ya,
       ,aP"    _88"         )888(         "88_    "Ya,
     ,aP"   _,dP"Yb      ,adP"8"Yba,      dP"Yb,_   "Ya,
   ,aPYb _,dP8    Yb  ,adP"   8   "Yba,  dP    8Yb,_ dPYa,
 ,aP"  YdP" dP     YbdP"      8      "YbdP     Yb "YbP  "Ya,
I8aaaaaa8aaa8baaaaaa88aaaaaaaa8aaaaaaaa88aaaaaad8aaa8aaaaaa8I
`Yb,   d8a, Ya      d8b,      8      ,d8b      aP ,a8b   ,dP'
  "Yb,dP "Ya "8,   dI "Yb,    8    ,dP" Ib   ,8" aP" Yb,dP"
    "Y8,   "YaI8, ,8'   "Yb,  8  ,dP"   `8, ,8IaP"   ,8P"
      "Yb,   `"Y8ad'      "Yb,8,dP"      `ba8P"'   ,dP"
        "Yb,    `"8,        "Y8P"        ,8"'    ,dP"
          "Yb,    `8,         8         ,8'    ,dP"
            "Yb,   `Ya        8        aP'   ,dP"
              "Yb,   "8,      8      ,8"   ,dP"
                "Yb,  `8,     8     ,8'  ,dP"   
                  "Yb, `Ya    8    aP' ,dP"     
                    "Yb, "8,  8  ,8" ,dP"
                      "Yb,`8, 8 ,8',dP"
                        "Yb,Ya8aP,dP"
                          "Y88888P"
                            "Y8P"
                              "       

Free TON





PEER-TO-PEER MULTY-BLOCKCHAIN SYSTEM
▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬.
▬▬▬TON SURF - OFFICIAL WALLET.





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November 16, 2012, 10:25:51 PM
 #69

My screen tells me that you were right.
The rocket has been filled of gas and is now taking off.
Let's see if this one will crash in the see or reach the moon!

Oh no, this is not a confirmation. I was "feeling" longer term and much bigger rocket. It could be the first stage, though.
I admit the ultimate confirmation is when we'll be in the moon just before crashing to the sea (or on the way to Mars)
Now let me reformulate
Given what my screen tells me, my intuition says that you are right.

The cost of mediation increases transaction costs, limiting the
minimum practical transaction size and cutting off the possibility for small casual transactions

Satoshi Nakamoto : https://bitcoin.org/bitcoin.pdf
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November 16, 2012, 10:52:30 PM
 #70

The day when all you guys are silently buying all the bitcoins instead of cheering here that's the day when we'll really taking off.  Kiss
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November 17, 2012, 12:25:24 AM
 #71

The day when all you guys are silently buying all the bitcoins instead of cheering here that's the day when we'll really taking off.  Kiss
True that. I'm only screaming RALLY, because I bought my bitcoins a few weeks ago and I'm getting ready to cash out at $15 or so.






             ,gaaaaaaaagaaaaaaaaaaaaagaaaaaaaag,
           ,aP8b    _,dYba,       ,adPb,_    d8Ya,
         ,aP"  Yb_,dP"   "Yba, ,adP"   "Yb,_dP  "Ya,
       ,aP"    _88"         )888(         "88_    "Ya,
     ,aP"   _,dP"Yb      ,adP"8"Yba,      dP"Yb,_   "Ya,
   ,aPYb _,dP8    Yb  ,adP"   8   "Yba,  dP    8Yb,_ dPYa,
 ,aP"  YdP" dP     YbdP"      8      "YbdP     Yb "YbP  "Ya,
I8aaaaaa8aaa8baaaaaa88aaaaaaaa8aaaaaaaa88aaaaaad8aaa8aaaaaa8I
`Yb,   d8a, Ya      d8b,      8      ,d8b      aP ,a8b   ,dP'
  "Yb,dP "Ya "8,   dI "Yb,    8    ,dP" Ib   ,8" aP" Yb,dP"
    "Y8,   "YaI8, ,8'   "Yb,  8  ,dP"   `8, ,8IaP"   ,8P"
      "Yb,   `"Y8ad'      "Yb,8,dP"      `ba8P"'   ,dP"
        "Yb,    `"8,        "Y8P"        ,8"'    ,dP"
          "Yb,    `8,         8         ,8'    ,dP"
            "Yb,   `Ya        8        aP'   ,dP"
              "Yb,   "8,      8      ,8"   ,dP"
                "Yb,  `8,     8     ,8'  ,dP"   
                  "Yb, `Ya    8    aP' ,dP"     
                    "Yb, "8,  8  ,8" ,dP"
                      "Yb,`8, 8 ,8',dP"
                        "Yb,Ya8aP,dP"
                          "Y88888P"
                            "Y8P"
                              "       

Free TON





PEER-TO-PEER MULTY-BLOCKCHAIN SYSTEM
▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬.
▬▬▬TON SURF - OFFICIAL WALLET.





        ▄███████████████████▄
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November 17, 2012, 07:40:53 AM
 #72

My screen tells me that you were right.
The rocket has been filled of gas and is now taking off.
Let's see if this one will crash in the see or reach the moon!

Oh no, this is not a confirmation. I was "feeling" longer term and much bigger rocket. It could be the first stage, though.
I admit the ultimate confirmation is when we'll be in the moon just before crashing to the sea (or on the way to Mars)
Now let me reformulate
Given what my screen tells me, my intuition says that you are right.

hehe, love it! I can accept being right that way. Let's hope my being rights lasts a long time.

PGP key molecular F9B70769 fingerprint 9CDD C0D3 20F8 279F 6BE0  3F39 FC49 2362 F9B7 0769
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November 17, 2012, 07:41:17 AM
 #73

The day when all you guys are silently buying all the bitcoins instead of cheering here that's the day when we'll really taking off.  Kiss

The problem here is: NO FIAT.

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November 17, 2012, 07:41:45 AM
 #74

The day when all you guys are silently buying all the bitcoins instead of cheering here that's the day when we'll really taking off.  Kiss
True that. I'm only screaming RALLY, because I bought my bitcoins a few weeks ago and I'm getting ready to cash out at $15 or so.

I have a feeling you shouldn't do that.

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November 17, 2012, 09:31:48 AM
 #75

We'll be taking off when 'buying bitcoins' makes no sense. I haven't bought bitcoins in well over a year and I encourage you all to join me in collecting as many as you freaking can. (buying bitcoins is so 2010)

Play Bitcoin Poker at sealswithclubs.eu. We're active and open to everyone.
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November 17, 2012, 09:48:21 AM
 #76

We'll be taking off when 'buying bitcoins' makes no sense. I haven't bought bitcoins in well over a year and I encourage you all to join me in collecting as many as you freaking can. (buying bitcoins is so 2010)

so you want people to collect bitcoins without buying them?

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November 17, 2012, 10:48:10 AM
 #77

We'll be taking off when 'buying bitcoins' makes no sense. I haven't bought bitcoins in well over a year and I encourage you all to join me in collecting as many as you freaking can. (buying bitcoins is so 2010)

so you want people to collect bitcoins without buying them?
Ahhh maybe he means "earn" as in real economy/jobs for BTC that kind of thing - not speculation buying.

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November 17, 2012, 11:29:23 AM
 #78

Buying is the only thing that keeps pushing the price up though.

More currency instead of asset use could potentially give bitcoin some extra value. That means you would be able to exchange a bitcoin for more than the equivalent fiat money value in terms of goods. Of course that would lead to drastically more buying because there is a strong extra incentive.
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November 17, 2012, 01:10:51 PM
 #79

The day when all you guys are silently buying all the bitcoins instead of cheering here that's the day when we'll really taking off.  Kiss
True that. I'm only screaming RALLY, because I bought my bitcoins a few weeks ago and I'm getting ready to cash out at $15 or so.

I have a feeling you shouldn't do that.
Why not?






             ,gaaaaaaaagaaaaaaaaaaaaagaaaaaaaag,
           ,aP8b    _,dYba,       ,adPb,_    d8Ya,
         ,aP"  Yb_,dP"   "Yba, ,adP"   "Yb,_dP  "Ya,
       ,aP"    _88"         )888(         "88_    "Ya,
     ,aP"   _,dP"Yb      ,adP"8"Yba,      dP"Yb,_   "Ya,
   ,aPYb _,dP8    Yb  ,adP"   8   "Yba,  dP    8Yb,_ dPYa,
 ,aP"  YdP" dP     YbdP"      8      "YbdP     Yb "YbP  "Ya,
I8aaaaaa8aaa8baaaaaa88aaaaaaaa8aaaaaaaa88aaaaaad8aaa8aaaaaa8I
`Yb,   d8a, Ya      d8b,      8      ,d8b      aP ,a8b   ,dP'
  "Yb,dP "Ya "8,   dI "Yb,    8    ,dP" Ib   ,8" aP" Yb,dP"
    "Y8,   "YaI8, ,8'   "Yb,  8  ,dP"   `8, ,8IaP"   ,8P"
      "Yb,   `"Y8ad'      "Yb,8,dP"      `ba8P"'   ,dP"
        "Yb,    `"8,        "Y8P"        ,8"'    ,dP"
          "Yb,    `8,         8         ,8'    ,dP"
            "Yb,   `Ya        8        aP'   ,dP"
              "Yb,   "8,      8      ,8"   ,dP"
                "Yb,  `8,     8     ,8'  ,dP"   
                  "Yb, `Ya    8    aP' ,dP"     
                    "Yb, "8,  8  ,8" ,dP"
                      "Yb,`8, 8 ,8',dP"
                        "Yb,Ya8aP,dP"
                          "Y88888P"
                            "Y8P"
                              "       

Free TON





PEER-TO-PEER MULTY-BLOCKCHAIN SYSTEM
▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬.
▬▬▬TON SURF - OFFICIAL WALLET.





        ▄███████████████████▄
        █████████████████████
▄█████  █████████████████████
██████  ████             ████
███     █████████████████████
██████  ████             ████
██████  █████████████████████
███     █████████████████████
███████ ▀███████████████████▀
▀███████▄▄▄▄▄▄▄       ▀████
  ████▌                 ██ 
  ▐██▌                     
   █▌








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November 17, 2012, 06:46:36 PM
 #80

The real thing holding the market back is a few people can dump enough coins at any one time to crash the market, if they wanted to.

I have >6000 coins. If I sold them all today at once, the market would take a dump belly and there would be some panic buying and selling.

If someone with 100,000 or more dropped them all at once, btc would be pennies.
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