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Author Topic: So who can limit themselves to just looking at the price ONCE a day? anyone?  (Read 1152 times)
MysteryMiner
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April 04, 2013, 12:10:04 AM
 #21

"I think there is a world market for maybe five computers." - Thomas Watson, president of IBM, 1943
In 1943 there probably was. And Bitcoin now are in 1944 to speak proportionally. Bitcoin is tiny right now compared to world economy.
No, we just hit the 1980's. This growth is only "not sustainable" because eventually we'll hit saturation. But that's still up, from where we are.
Nothing have changed in past months. Bitcoin adoption rate have not increased 10 times to justify 10 times price increase. I'm very skeptical about it. Like I was skeptical about 2011 june price rise, pirateat40 and Butterfly Labs. But even if I'm wrong this time, it is good for Bitcoin.
Riiight....
No financial crisis to rock confidence in fiat, or increased visibility, or major news hit in the past 10 days, nosiree.
Do You really think that way or argue with me in spite because of my views on gayfags? I know about what is happening in Cyprus. It does not surprise me at all. But the masses of sheeple will not adapt Bitcoin or have ever heard about them. The sheeple will seek new, better Cheesy banks to keep their money. Not to mention that in some parts in Europe the only way to legally receive salary and payments is trough bank transfer. Do You think all of the scammed depositors are buying Bitcoins right now? Would be great but I doubt it.
Nope, but major news sources talking about bitcoin tends to drive new users. An influx of new users tends to drive higher prices. This is what you are seeing. Virality.
Probably. But Bitcoin and SR was more prominent in news back in 2011 when first bubble formed. Anyway we will see what happens in next weeks or months. Anything else is wishful thinking. I want Bitcoin to be a success as much as everybody else here but I'm trying to keep cool head in my predictions.

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April 04, 2013, 12:15:08 AM
 #22

...I'm trying to keep cool head in my predictions.

Currently I have 0 coins. I check the price approx once a day so I will not miss the moment when bubble hits the fan.


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April 04, 2013, 12:37:03 AM
 #23

I have to check almost constantly. I think I have a problem.

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April 04, 2013, 03:32:38 AM
 #24

I haven't looked today, but read that it's at $130 in some post, paying it no mind. Besides, I donated all my bitcoins to InstaWallet.org because I'm an idiot. Is there an idiot tag? I promise to wear it proudly.

Quick aside. While typing the above, I lost my my vision for about 10-15 seconds. (seriously) As if not enough shit has happened today, now I need to Google symptoms, even after reading how evil Google is I'm heading there to give the world my current health status. If I wanted the world to know how I feel, I would post it here so... (nevermind, but seriously did lose vision and have an ever so slightly tingle in my left side of the head--too bad I don't owe anybody anybody bitcoins, for I could use this as an excuse, but I digress in perentesis).
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