Yet another analyst :)

[lebing]

Yeah I understand your logic, but I have far less faith in these indicators you use. I do not think they predict anything really, they can affect the price however given the sentiment - because they are in essence a self fulfilling prophecy.

There is far too much moving forward for bitcoin right now to keep it down. Just the wordpress announcement plus the insane amount of sign ups that bitpay is doing post WP announcement is large enough of an indicator for me of where the market is going.

[lucif]

Hehe. You think regular user will read about bitcoin, install bitcoin-qt, wait for a sync with computer total hang go to irc and buy bitcoins? Maybe he will read what is irc?

You know what is sales via bitpay? When you purchase goods/services via bitpay for 100 BTC - that amount is dropped on market.

So what do you expect of wordpress? Speculative jump of bitcoin enthusiasts buyers? It was completed.

New users are hard to enter bitcoin now, run it now and understand it now because of its complexibility, HDD killing and... I talked about that earlier here.

[adamstgBit]

Hehe. You think regular user will read about bitcoin, install bitcoin-qt, wait for a sync with computer total hang go to irc and buy bitcoins? Maybe he will read what is irc?

You know what is sales via bitpay? When you purchase goods/services via bitpay for 100 BTC - that amount is dropped on market.

So what do you expect of wordpress? Speculative jump of bitcoin enthusiasts buyers? It was completed.

New users are hard to enter bitcoin now, run it now and understand it now because of its complexibility, HDD killing and... I talked about that earlier here.

i expect regular users to, send money to gox buy bitcoin, and send the coins to SR. 

[lucif]

Bah. I understand why is this delay. Coz everybody beleive that wordpress will attract a lot of fresh meat on market. The most stupids beleive that wordpress sales via bitpay will bump price up (really?).

I will disappoint you. Nobody gives a fuck while bitcoin stays so complex and hard software.

[lucif]

As promised, RPG is now attacking this tank. More seriosly than earlier

[lebing]

Hehe. You think regular user will read about bitcoin, install bitcoin-qt, wait for a sync with computer total hang go to irc and buy bitcoins? Maybe he will read what is irc?

You know what is sales via bitpay? When you purchase goods/services via bitpay for 100 BTC - that amount is dropped on market.

So what do you expect of wordpress? Speculative jump of bitcoin enthusiasts buyers? It was completed.

New users are hard to enter bitcoin now, run it now and understand it now because of its complexibility, HDD killing and... I talked about that earlier here.

Who says they need the qt client? I have never used it.

Its far easier to get bitcoins now than it was just a few months ago (especially in the us) and this will be reflected in the prices in the coming weeks/ months. All of these businesses accepting bitcoin is an absolutely essential step and at the same time huge marketing for bitcoin. Ignore that at your own folly.

Re: wordpress speculation jump completion, the speculators did in fact push it up a bit, but in terms of the larger effect this will have on the market, this announcement is far from fully priced in. It wont be priced in for months/ years and we are talking multiples of change, not 10%. The speculators are far too few at this point to have baked in the true value of what this means for the price. I'm not sure if you really don't see the larger picture or you are just trolling on this.

Re: HDD that whole thing (along with this entire thread actually) is just FUD. I could choose a few lines of my own based on indicators that say exactly the opposite. I, however am not looking to manipulate the price via lines I pulled out of my ass and a failed offering to satan.

[adamstgBit]

Bah. I understand why is this delay. Coz everybody beleive that wordpress will attract a lot of fresh meat on market. The most stupids beleive that wordpress sales via bitpay will bump price up (really?).

I will disappoint you. Nobody gives a fuck while bitcoin stays so complex and hard software.

if i was a bull i'd say.

did you take a look at the news lately?
its restartedly good... nothing but good stories about bitcoin.
you figured out how to dwl, install, and use Bitcoin-qt, can't be That hard....

but i'm a bear so  ill say

ya no one gives a fuck about the good press, bitcoin is weird, too weird...

[adamstgBit]

Hehe. You think regular user will read about bitcoin, install bitcoin-qt, wait for a sync with computer total hang go to irc and buy bitcoins? Maybe he will read what is irc?

You know what is sales via bitpay? When you purchase goods/services via bitpay for 100 BTC - that amount is dropped on market.

So what do you expect of wordpress? Speculative jump of bitcoin enthusiasts buyers? It was completed.

New users are hard to enter bitcoin now, run it now and understand it now because of its complexibility, HDD killing and... I talked about that earlier here.

Who says they need the qt client? I have never used it.

Its far easier to get bitcoins now than it was just a few months ago (especially in the us) and this will be reflected in the prices in the coming weeks/ months. All of these businesses accepting bitcoin is an absolutely essential step and at the same time huge marketing for bitcoin. Ignore that at your own folly.

Re: wordpress speculation jump completion, the speculators did in fact push it up a bit, but in terms of the larger effect this will have on the market, this announcement is far from fully priced in. It wont be priced in for months/ years and we are talking multiples of change, not 10%. The speculators are far too few at this point to have baked in the true value of what this means for the price. I'm not sure if you really don't see the larger picture or you are just trolling on this.

Re: HDD that whole thing (along with this entire thread actually) is just FUD. I could choose a few lines of my own based on indicators that say exactly the opposite. I, however am not looking to manipulate the price via lines I pulled out of my ass and a failed offering to satan.

 
PWNED!
 

[lucif]

On Jun 2011 there were a huge rumors around internet about bitcoin. Even ZDNET wrote a bubbled article.

Btw, i heared too about bitcoin from there. I came in with my money to trading. I guess many ppl also came that time not with empty wallets. And what? Did that changed futher collapse?

You are so fucking native. Oh shit! Now the wires from WP users arriving! Lots of wires, trillions of dollars. Bitcoin will go to Mars to help Curiosity. We all will be reacher than Bernanke! FEDs sucks! Dollar will collapse! WHOHHAAA!

So where are your wires? I bet the total balance on gox didnt changed even by 1%.

You are fucking bublemakers.

[myself]

i bet you ppl will love the next mtgox update


https://mtgox.com/press_release_20120831.html

Deposit Volume - Last 30 Days
$3,100,000
Withdrawal Volume - Last 30 Days
USD $2,600,000

if that number is to stay the same each month
500000/13.4=37313

[RyNinDaCleM]

i bet you ppl will love the next mtgox update


https://mtgox.com/press_release_20120831.html

Deposit Volume - Last 30 Days
$3,100,000
Withdrawal Volume - Last 30 Days
USD $2,600,000

if that number is to stay the same each month
500000/13.4=37313

BTC/30days?  Unsustainable levels here!

[lucif]

Hehe. We just fool each other in trading. There is no real economy here, except drugs and whores.

[lebing]

On Jun 2011 there were a huge rumors around internet about bitcoin. Even ZDNET wrote a bubbled article.

Btw, i heared too about bitcoin from there. I came in with my money to trading. I guess many ppl also came that time not with empty wallets. And what? Did that changed futher collapse?

You are so fucking native. Oh shit! Now the wires from WP users arriving! Lots of wires, trillions of dollars. Bitcoin will go to Mars to help Curiosity. We all will be reacher than Bernanke! FEDs sucks! Dollar will collapse! WHOHHAAA!

So where are your wires? I bet the total balance on gox didnt changed even by 1%.

You are fucking bublemakers.

In 2011, adoption by the mainstream was still theoretical. Now it is actually happening. This is not an insignificant difference.

Speculation causes bubbles (as you pointed out, that part of the WP announcement is over), building an actual economy will create metered stability in a gradually increasing price. See the difference?

And yes, I am so fucking native

[adamstgBit]

Fuck ya!

[zby]

In 2011, adoption by the mainstream was still theoretical. Now it is actually happening. This is not an insignificant difference.

Speculation causes bubbles (as you pointed out, that part of the WP announcement is over), building an actual economy will create metered stability in a gradually increasing price. See the difference?

I would give it another 5 years for that.

[lucif]

Contact...

PS. Clarkmoody broken again after dump.

[Kupsi]

New users are hard to enter bitcoin now, run it now and understand it now because of its complexibility, HDD killing and... I talked about that earlier here.

Coinbase have made it easier than ever for US citizens to buy bitcoins 

[lucif]

Its centralized. It holding users' money. I dont see PCI-DSS compliance there. It will be burned with fire by hackers or owner will take a wallet and dissapear. And nobody will be able to put lawsuit. Coz coins are just numbers.

This is the fate of such services.

[lucif]

In payment card industry VISA and banks forcing merchants to follow PCI DSS standards.

Bank will not give you API unless you completed ASV scan with approved QSA. And this scan required on quarter basis.

And here who is responsible for that? Nobody. Lets enumerate services that fucked up ppl for coins due to scam or hacks?

[wareen]

I'm not really a TA guy myself but since you seem to be focusing very much on the short term view, I'd like to point your attention to the following chart:



A strong move down in the next days would also break this long term upwards trendline which has been tested numerous times and proved to hold for over a year now.