proudhon (OP)
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November 20, 2012, 01:59:59 AM |
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Bitcoin Fact: the price of bitcoin will not be greater than $70k for more than 25 consecutive days at any point in the rest of recorded human history.
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smoothie
Legendary
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Activity: 2492
Merit: 1473
LEALANA Bitcoin Grim Reaper
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 20, 2012, 02:00:46 AM |
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already priced in....
miners...well that's another story lol
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███████████████████████████████████████
,╓p@@███████@╗╖, ,p████████████████████N, d█████████████████████████b d██████████████████████████████æ ,████²█████████████████████████████, ,█████ ╙████████████████████╨ █████y ██████ `████████████████` ██████ ║██████ Ñ███████████` ███████ ███████ ╩██████Ñ ███████ ███████ ▐▄ ²██╩ a▌ ███████ ╢██████ ▐▓█▄ ▄█▓▌ ███████ ██████ ▐▓▓▓▓▌, ▄█▓▓▓▌ ██████─ ▐▓▓▓▓▓▓█,,▄▓▓▓▓▓▓▌ ▐▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▌ ▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓─ ²▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓╩ ▀▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▀ ²▀▀▓▓▓▓▓▓▓▓▓▓▓▓▀▀` ²²² ███████████████████████████████████████
| . ★☆ WWW.LEALANA.COM My PGP fingerprint is A764D833. History of Monero development Visualization ★☆ . LEALANA BITCOIN GRIM REAPER SILVER COINS. |
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SlaveInDebt
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 20, 2012, 02:16:30 AM |
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Predicting a massive dump and grab.
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"A banker is a fellow who lends you his umbrella when the sun is shining, but wants it back the minute it begins to rain." - Mark Twain
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smoothie
Legendary
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Activity: 2492
Merit: 1473
LEALANA Bitcoin Grim Reaper
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 20, 2012, 02:19:02 AM |
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Predicting a massive dump and grab.
Oh the irony of a fat dump on halving day lol.....wouldn't surprise me.
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███████████████████████████████████████
,╓p@@███████@╗╖, ,p████████████████████N, d█████████████████████████b d██████████████████████████████æ ,████²█████████████████████████████, ,█████ ╙████████████████████╨ █████y ██████ `████████████████` ██████ ║██████ Ñ███████████` ███████ ███████ ╩██████Ñ ███████ ███████ ▐▄ ²██╩ a▌ ███████ ╢██████ ▐▓█▄ ▄█▓▌ ███████ ██████ ▐▓▓▓▓▌, ▄█▓▓▓▌ ██████─ ▐▓▓▓▓▓▓█,,▄▓▓▓▓▓▓▌ ▐▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▌ ▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓─ ²▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓╩ ▀▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▀ ²▀▀▓▓▓▓▓▓▓▓▓▓▓▓▀▀` ²²² ███████████████████████████████████████
| . ★☆ WWW.LEALANA.COM My PGP fingerprint is A764D833. History of Monero development Visualization ★☆ . LEALANA BITCOIN GRIM REAPER SILVER COINS. |
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legitnick
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 20, 2012, 02:51:44 AM |
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Won't this make the price go up? ![Huh](https://bitcointalk.org/Smileys/default/huh.gif)
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helloworld
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 20, 2012, 02:58:13 AM |
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Anyone else see that sword as a microphone at first?
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Ichthyo
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 20, 2012, 02:58:42 AM |
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Won't this make the price go up? ![Huh](https://bitcointalk.org/Smileys/default/huh.gif) of course, and since obviously "everyone" expects that, a failed rocket launch followed by a mini crash could indeed be the result.
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dextryn
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 20, 2012, 03:04:42 AM |
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Won't this make the price go up? ![Huh](https://bitcointalk.org/Smileys/default/huh.gif) of course, and since obviously "everyone" expects that, a failed rocket launch followed by a mini crash could indeed be the result. I agree, it's not going to go up like everyone is hoping and then it's panic mode.
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ZIGGAP
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 20, 2012, 03:09:30 AM |
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The block reward halving will only have a psychological effect on the market. Almost 80% of all the Bitcoin in existence is just sitting sitting there. The block reward change will have 0 effect on supply.
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Crypt_Current
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 20, 2012, 03:14:14 AM |
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My finger is hovering over the sell button -- -- because of speculation in this thread, or just because it's that time of the month? You decide ![Huh](https://bitcointalk.org/Smileys/default/huh.gif)
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helloworld
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 20, 2012, 03:32:40 AM |
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My finger is hovering over the sell button -- -- because of speculation in this thread, or just because it's that time of the month? You decide ![Huh](https://bitcointalk.org/Smileys/default/huh.gif) My finger is hovering over the hoard button -- -- next week's market is going to eat people alive and I don't want to be one of them.
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420
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 20, 2012, 05:20:56 AM |
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My finger is hovering over the sell button -- -- because of speculation in this thread, or just because it's that time of the month? You decide ![Huh](https://bitcointalk.org/Smileys/default/huh.gif) My finger is hovering over the hoard button -- -- next week's market is going to eat people alive and I don't want to be one of them. are you sure? not another 9 days http://bitcoinclock.com/
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Donations: 1JVhKjUKSjBd7fPXQJsBs5P3Yphk38AqPr - TIPS the hacks, the hacks, secure your bits!
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byronbb
Legendary
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Activity: 1414
Merit: 1000
HODL OR DIE
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 20, 2012, 05:36:12 AM |
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legitnick
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 20, 2012, 06:43:10 AM |
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( ͡° ͜ʖ ͡°)
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Realpra
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 20, 2012, 09:36:18 PM |
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The block reward halving will only have a psychological effect on the market. Almost 80% of all the Bitcoin in existence is just sitting sitting there. The block reward change will have 0 effect on supply.
Actually that would make it the opposite: BTC moving around at a rapid pace would mean changes to creation rate would mean little, but if new money is a large part of the "money that moves" so to speak and it is halved then the money that moves is close to halved and supply for new-comers with $ thus greatly affected. There is gonna be panic buying and I will laugh at you all. Maybe I could take you seriously if your "logic" was not always like this: 1. Halving. 2. ASICS (totally not a scam). 3. ![Huh](https://bitcointalk.org/Smileys/default/huh.gif) 4. Mega drop in prices. Less reward means fewer miner coins trying buy dollars for hardware upgrades/electrons/food - you can't price that in until it happens unless people have been investing a lot extra for the past 6 months continuously. Price is not agreed on it is established by some in/out flow of BTC/$.
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damnek
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 20, 2012, 10:22:46 PM |
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Most people say that the last big rally was about pricing in the reward halving, I have an alternative theory. Around June 25, Butterfly Labs opened the pre-orders for ASICS: http://www.prweb.com/releases/2012/bitcoin/prweb9637829.htmApril and May have been pretty stable, but in June miners increasingly hold back bitcoins for later investment and speculators anticipate on a rally due to the pre-orders, so the price starts rising in June. Next, I believe that not all coins taken in by BitPay immediately re-enter the market, as Tony Gallippi claims to have traded against pirate a few weeks after. Of course, this could partly be with his own coins or whatever, but seeing the price go up and knowing the numbers, I think he has chosen to make an informed bet. Link: https://bitcointalk.org/index.php?topic=94708.0After that, there was nothing holding back the price, so a parabolic blowoff has to occur. This is bitcoin after all. ![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fs11.postimage.org%2Ftxvbzuosh%2Fchart.png&t=665&c=wH_crrb6A-vANg) I'm just throwing in my perspective since it has been fairly quiet here today.
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Kupsi
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Merit: 1003
9.9.2012: I predict that single digits... <- FAIL
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 20, 2012, 10:36:41 PM |
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Won't this make the price go up? ![Huh](https://bitcointalk.org/Smileys/default/huh.gif) of course, and since obviously "everyone" expects that, a failed rocket launch followed by a mini crash could indeed be the result. And since everyone believe a mini crash could be the result, we'll get a rally instead ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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Chalkbot
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Activity: 896
Merit: 1001
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 20, 2012, 11:17:25 PM |
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Won't this make the price go up? ![Huh](https://bitcointalk.org/Smileys/default/huh.gif) of course, and since obviously "everyone" expects that, a failed rocket launch followed by a mini crash could indeed be the result. And since everyone believe a mini crash could be the result, we'll get a rally instead ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Or a mega crash?
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smoothie
Legendary
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Activity: 2492
Merit: 1473
LEALANA Bitcoin Grim Reaper
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 20, 2012, 11:31:10 PM |
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I still think people will profit take for the holidays.....gifts, booze, trips, etc.
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███████████████████████████████████████
,╓p@@███████@╗╖, ,p████████████████████N, d█████████████████████████b d██████████████████████████████æ ,████²█████████████████████████████, ,█████ ╙████████████████████╨ █████y ██████ `████████████████` ██████ ║██████ Ñ███████████` ███████ ███████ ╩██████Ñ ███████ ███████ ▐▄ ²██╩ a▌ ███████ ╢██████ ▐▓█▄ ▄█▓▌ ███████ ██████ ▐▓▓▓▓▌, ▄█▓▓▓▌ ██████─ ▐▓▓▓▓▓▓█,,▄▓▓▓▓▓▓▌ ▐▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▌ ▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓─ ²▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓╩ ▀▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▀ ²▀▀▓▓▓▓▓▓▓▓▓▓▓▓▀▀` ²²² ███████████████████████████████████████
| . ★☆ WWW.LEALANA.COM My PGP fingerprint is A764D833. History of Monero development Visualization ★☆ . LEALANA BITCOIN GRIM REAPER SILVER COINS. |
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adamstgBit
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Activity: 1904
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Trusted Bitcoiner
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November 21, 2012, 03:36:31 AM |
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I still think people will profit take for the holidays.....gifts, booze, trips, etc.
ya as the price goes up people will buy stuff for xmas and pay in btc. cool.
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