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Author Topic: those who are buying know something I don't  (Read 6602 times)
niko (OP)
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April 08, 2013, 10:25:21 AM
 #1

It takes lots of confidence to buy in this market. Speculation: those who are buying in the past few weeks know something most of us here do not know yet. Possibly a big deal / series of deals being prepared behind the curtains. Bitcoincard, coinlabs, etc. - what are they up to?

They're there, in their room.
Your mining rig is on fire, yet you're very calm.
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The Bitcoin software, network, and concept is called "Bitcoin" with a capitalized "B". Bitcoin currency units are called "bitcoins" with a lowercase "b" -- this is often abbreviated BTC.
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April 08, 2013, 10:31:46 AM
 #2

It takes lots of confidence to buy in this market. Speculation: those who are buying in the past few weeks know something most of us here do not know yet. Possibly a big deal / series of deals being prepared behind the curtains. Bitcoincard, coinlabs, etc. - what are they up to?

According to Vladimir this is the truth. He won't say just what it is though.

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MikeH
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April 08, 2013, 10:43:05 AM
 #3

there are a lot of people being introduced to bitcoin at the moment who don't have much choice but to buy now - there's no signs of bitcoins dramatically dropping in value.
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April 08, 2013, 10:47:06 AM
 #4

there are a lot of people being introduced to bitcoin at the moment who don't have much choice but to buy now - there's no signs of bitcoins dramatically dropping in value.


Here's a sign...


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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April 08, 2013, 10:50:45 AM
 #5

there are a lot of people being introduced to bitcoin at the moment who don't have much choice but to buy now - there's no signs of bitcoins dramatically dropping in value.


Here's a sign...



When's it gonna happen?!

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April 08, 2013, 10:52:23 AM
 #6

Here's a sign...


Thats not a sign. Thats a chart with an inappropriate scale for the y-axis that actually doesn't show anything.

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April 08, 2013, 10:56:45 AM
 #7

there are a lot of people being introduced to bitcoin at the moment who don't have much choice but to buy now - there's no signs of bitcoins dramatically dropping in value.


Here's a sign...





Surely this is a bubble and will pop soon enough. It will go away soon!

It seemed like a good idea at the time.
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April 08, 2013, 11:00:51 AM
 #8

there are a lot of people being introduced to bitcoin at the moment who don't have much choice but to buy now - there's no signs of bitcoins dramatically dropping in value.


Here's a sign...

http://i47.tinypic.com/25sygcj.png

http://theeconomiccollapseblog.com/wp-content/uploads/2010/01/U.S.-National-Debt.gif

Surely this is a bubble and will pop soon enough. It will go away soon!

u need to adjust that for inflation,,,
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April 08, 2013, 11:01:06 AM
 #9

All we need is bigger suckers  than the previous to buy and we're good.

Trace Mayer is trying hard to get those in. I hope he succeeds as long as possible
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April 08, 2013, 11:06:16 AM
 #10

This is what proudhon is actually telling us.

It seemed like a good idea at the time.
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April 08, 2013, 11:27:17 AM
 #11

there are a lot of people being introduced to bitcoin at the moment who don't have much choice but to buy now - there's no signs of bitcoins dramatically dropping in value.


Here's a sign...



When should I dump them proudhon?


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April 08, 2013, 11:27:31 AM
 #12

Your chart only goes up too 200? I think you need to expand it a bit.
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April 08, 2013, 11:30:54 AM
 #13

Here's another to show how ridiculous the situation is right now.


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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April 08, 2013, 11:32:30 AM
 #14

Here's another to show how ridiculous the situation is right now.



You should expand the X axis to like 2005.
It will make it look more scary.


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April 08, 2013, 11:33:45 AM
 #15

Here's another to show how ridiculous the situation is right now.

...
as a professional value trader that worked at JP Morgan Chase I know that exponential rises are usually accompied with strong fundamentals that support it

so just be a believer proudhon, it's all we believers ask of you

join us
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April 08, 2013, 11:35:18 AM
 #16

Speculation: those who are buying in the past few weeks know something most of us here do not know yet.

Speculation: Those who do not know yet are buying from those who knew this since the past few weeks.

 Shocked
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April 08, 2013, 11:43:25 AM
 #17

as a professional value trader that worked at JP Morgan Chase I know that exponential rises are usually accompied with strong fundamentals that support it

Hey, I have some silver - do you know if JP Morgan are ever going to let the price rise? Smiley
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April 08, 2013, 11:52:58 AM
 #18

Just need some balls. I think most people will hold on to their BTCs for a looong time.
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April 08, 2013, 11:57:06 AM
 #19

Here's another to show how ridiculous the situation is right now.

...
as a professional value trader that worked at JP Morgan Chase I know that exponential rises are usually accompied with strong fundamentals that support it

so just be a believer proudhon, it's all we believers ask of you

join us

Prove you worked for JP Morgan. Scan some proof and show us.
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April 08, 2013, 12:12:03 PM
 #20

Here's another to show how ridiculous the situation is right now.



There is a button "log scale" on the upper right side. click it to get a proper scaling of the y-axis.

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