roslinpl
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Activity: 2212
Merit: 1199
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July 06, 2014, 10:41:59 AM |
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It's just another day with ~$630..
Volume is low. Seems like sunny Sundays doesn't do to good for traders :-)
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dgarcia
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July 06, 2014, 10:42:27 AM |
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now that everyone is waiting for a bubble and yelling that this is going to be soon or maybe it will start now....it is the perfect reason for a bubble to not start for a long long time, hell maybe Bitcoin is still overvalued from the last bubble and this is why we see selling pressure each time the price go up for $10.
Indeed. I'm giving the first real mid-term bear market a good chance. |
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rpietila
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Activity: 1722
Merit: 1036
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July 06, 2014, 10:47:50 AM |
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Indeed. I'm giving the first real mid-term bear market a good chance.
The chance is about as high as the possibility for the Bitcoin adoption to start going in reverse. Well, it has never happened before with any winning technology but yeah, not an impossibility. You never know  |
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Tzupy
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Activity: 2128
Merit: 1074
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July 06, 2014, 10:51:57 AM |
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i think we could still be in a bear market, but mid-term, think we're still gonna see 700+. maybe 800. then we'll see. but i think we launch soon.
Bear market and reaching 800 soon are incompatible. The market has reached a turning point, has to decide if it's still in wave C or in wave 1, but low volume makes this take longer. |
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macsga
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Activity: 1484
Merit: 1002
Strange, yet attractive.
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July 06, 2014, 10:52:09 AM |
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ChartBuddy
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Activity: 2170
Merit: 1776
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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July 06, 2014, 11:00:28 AM |
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ejinte
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July 06, 2014, 11:02:31 AM |
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BTW, any bad news on the horizon ?
I can post some FUD on a random blog and crash the price if you want. Please don't make fun of this as this is a reality to some bitcoiners who have panic attacks. It's ShoormsKit what did you expect. He never post anything of value. |
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roslinpl
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Activity: 2212
Merit: 1199
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July 06, 2014, 11:21:52 AM |
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I am placing the bet that next chart (in 40min) will show the value @$629 :-)
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JorgeStolfi
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July 06, 2014, 11:23:12 AM |
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The chance is about as high as the possibility for the Bitcoin adoption to start going in reverse. Well, it has never happened before with any winning technology but yeah, not an impossibility. You never know Betamax comes to mind... Although it is a bit of a tautology: how can we tell that the technology is a "winning" one, if it is not adopted? For things that people can choose and use independently of others, such as microwave ovens and fly-swatters, better technology is an important advantage (although advertising and other factors are important too). But for things that depend on a network, like money or document formats or email protocols, inertia often trumps technology. (That of course is the main argument that Bitcoin supporters use to predict the demise of Litecoin and other competitors.) |
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spooderman
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Activity: 1638
Merit: 1022
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July 06, 2014, 11:27:33 AM |
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no it;s not jorge, the main reason for Btc over alts is network strength.
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JorgeStolfi
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July 06, 2014, 11:37:57 AM |
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no it;s not jorge, the main reason for Btc over alts is network strength.
That is what I meant. People don't switch to a better technology because everybody they have to interact with is using the old one. |
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ChartBuddy
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Activity: 2170
Merit: 1776
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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July 06, 2014, 12:00:30 PM |
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TheJuice
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July 06, 2014, 12:04:38 PM |
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I am placing the bet that next chart (in 40min) will show the value @$629 :-)
Seems like a low weekend, so you're probably going to be within 2-3 bucks. |
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spooderman
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Activity: 1638
Merit: 1022
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July 06, 2014, 12:10:18 PM |
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Not quoting you because I imagine everyone is ignoring you, but btc is a better technology for it's strength - no alt is better than btc for this reason.
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phatsphere
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July 06, 2014, 12:30:57 PM |
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rally still on?  Think of it like a steel trap. The more you crank it down, the harder it's gonna snap. analogies like this one are the best parts of this thread. makes me wonder what people here are actually around ... and no, i also don't know how such a mechanism looks like. |
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YogoH
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July 06, 2014, 12:40:39 PM |
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Will bitcoin be the segway or the telephone?
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Krabby
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Activity: 644
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https://primedao.eth.link/#/
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July 06, 2014, 12:45:24 PM |
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Will bitcoin be the segway or the telephone?
It's already the segway. |
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spooderman
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Activity: 1638
Merit: 1022
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July 06, 2014, 12:51:12 PM |
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^^^ yeah right |
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CoinHamster
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Activity: 101
Merit: 10
฿ ฿ ฿ ฿ ฿
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July 06, 2014, 12:51:26 PM |
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NotLambchop
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July 06, 2014, 12:58:08 PM |
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Gentlemen! Are you seeing what I'm seeing?  |
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