spooderman
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October 20, 2014, 07:28:11 PM |
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I wonder when (who ever is controlling the btc price) is going to make a big move. I have a feeling the next big move will be up. THen it will go down, so they can buy more at a discount, and then rinse and repeat.. its going to take some very big whales or something to get us out of this slump. (Like the chinese thing that happened last year)
It could take years. All I know is that it is very likely. |
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I HATE TABLES I HATE TABLES I HA(╯°□°）╯︵ ┻━┻ TABLES I HATE TABLES I HATE TABLES
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inca
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October 20, 2014, 07:38:41 PM |
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It is highly unlikely to take years, probably just a few months.
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JorgeStolfi
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October 20, 2014, 07:40:25 PM |
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Perhaps he sold the bitcoins at discount to a mafia guy who sold them to a dubious businessman who sold them to a regular businessman who is now trying to cash out? |
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ShroomsKit
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October 20, 2014, 07:45:42 PM |
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I wonder when (who ever is controlling the btc price) is going to make a big move. I have a feeling the next big move will be up. THen it will go down, so they can buy more at a discount, and then rinse and repeat.. its going to take some very big whales or something to get us out of this slump. (Like the chinese thing that happened last year)
just need to accentuate the pressure on stockmarkets worldwide. QE is not going to last forever.. people are going to seek some new safe heaven when the bails in are going to flourish here and there. and then bitcoin will rise. big time. TL:DR: we need macro doomsday. Bitcoin is no safe haven. When the economy goes to shit people aren't gonna be "i'm gonna switch to Bitcoin". Many here just keep blindly repeating this. Based on absolutely nothing. Bitcoiners made up this myth. The average person won't have a clue why you think this way. |
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spooderman
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October 20, 2014, 07:51:40 PM |
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Nah, I think 2015 could drift around between the last two ATHs aimlessly. I think as long as everyone remembers that all prices will get visited and re-visited many times, they can ride the waves to make lots of extra BTC.
God knows BTC is the internet of money and will be immense in comparison to where it is today, but we all know that this is the speculative, early phase. I actually don't think there's much risk, but patience is required.
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ChartBuddy
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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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October 20, 2014, 08:00:48 PM |
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fonzie
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October 20, 2014, 08:16:14 PM |
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Perhaps he sold the bitcoins at discount to a mafia guy who sold them to a dubious businessman who sold them to a regular businessman who is now trying to cash out? Must be one of those victimless crimes i heard of?   Is there anything similar to Bitcoin with that many scams, frauds and thefts? Maybe the nigerian prince e-mail scammers? |
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degold
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October 20, 2014, 08:22:04 PM |
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In weekdays market moving like weekends market. No movement at all. |
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conspirosphere.tk
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Bitcoin is antisemitic
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October 20, 2014, 08:29:22 PM |
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Bitcoin is no safe haven.
When the economy goes to shit people aren't gonna be "i'm gonna switch to Bitcoin". Many here just keep blindly repeating this. Based on absolutely nothing. Bitcoiners made up this myth. The average person won't have a clue why you think this way.
it's mostly about inflation: an 'ideal' scenario for btc would be a monetary policy Argentina/Japan style on a global scale (quite likely imho). And a reintroduction of capital and currency controls (quite granted to come next imho) would be another big pump factor. |
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rjp55
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October 20, 2014, 08:35:24 PM |
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Obvious support in $380 range. Been proven again and again. Up is inevitable, when who knows.
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keewee
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October 20, 2014, 08:42:56 PM |
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Perhaps he sold the bitcoins at discount to a mafia guy who sold them to a dubious businessman who sold them to a regular businessman who is now trying to cash out? Must be one of those victimless crimes i heard of? Is there anything similar to Bitcoin with that many scams, frauds and thefts? Maybe the nigerian prince e-mail scammers? Similar to Bitcoin? You mean currencies? I would say the majority of national currencies would easily exceed this in volume of scams, frauds and thefts  |
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iram3130
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ITSMYNE 🚀 Talk NFTs, Trade NFTs 🚀
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October 20, 2014, 08:48:27 PM |
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In weekdays market moving like weekends market. No movement at all. It's Monday, sometime Monday behave like weekends. Hope we will have real movement tommorow. |
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hmmmstrange
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October 20, 2014, 08:51:08 PM |
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I wonder when (who ever is controlling the btc price) is going to make a big move. I have a feeling the next big move will be up. THen it will go down, so they can buy more at a discount, and then rinse and repeat.. its going to take some very big whales or something to get us out of this slump. (Like the chinese thing that happened last year)
just need to accentuate the pressure on stockmarkets worldwide. QE is not going to last forever.. people are going to seek some new safe heaven when the bails in are going to flourish here and there. and then bitcoin will rise. big time. TL:DR: we need macro doomsday. When the economy goes to shit people aren't gonna be "i'm gonna switch to Bitcoin". Many here just keep blindly repeating this. Based on absolutely nothing. Bitcoiners made up this myth. The average person won't have a clue why you think this way. Agree 100%. Another myth was the Cyprus (non)event. |
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JayJuanGee
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Activity: 3696
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Self-Custody is a right. Say no to"Non-custodial"
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October 20, 2014, 08:55:24 PM |
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I wonder when (who ever is controlling the btc price) is going to make a big move. I have a feeling the next big move will be up. THen it will go down, so they can buy more at a discount, and then rinse and repeat.. its going to take some very big whales or something to get us out of this slump. (Like the chinese thing that happened last year)
just need to accentuate the pressure on stockmarkets worldwide. QE is not going to last forever.. people are going to seek some new safe heaven when the bails in are going to flourish here and there. and then bitcoin will rise. big time. TL:DR: we need macro doomsday. Bitcoin is no safe haven. When the economy goes to shit people aren't gonna be "i'm gonna switch to Bitcoin". Many here just keep blindly repeating this. Based on absolutely nothing. Bitcoiners made up this myth. The average person won't have a clue why you think this way. Sometimes Shroomie makes some sense, and surely it remains true that there is NOT going to be any black and white scenario or some cataclysmic event nor doom and gloom scenario. More likely, there is going to be increasing migration towards bitcoin based on a multitude of events including recognizing that BTC is holding and/or increasing in value while other value storage mechanisms tied to traditional fiat sources are NOT holding their value very well in the long term based on a variety of irresponsible policies and various crises created by various irresponsible policies and/or practices. |
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hdbuck
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October 20, 2014, 08:55:32 PM
Last edit: October 20, 2014, 09:17:36 PM by hdbuck |
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I wonder when (who ever is controlling the btc price) is going to make a big move. I have a feeling the next big move will be up. THen it will go down, so they can buy more at a discount, and then rinse and repeat.. its going to take some very big whales or something to get us out of this slump. (Like the chinese thing that happened last year)
just need to accentuate the pressure on stockmarkets worldwide. QE is not going to last forever.. people are going to seek some new safe heaven when the bails in are going to flourish here and there. and then bitcoin will rise. big time. TL:DR: we need macro doomsday. When the economy goes to shit people aren't gonna be "i'm gonna switch to Bitcoin". Many here just keep blindly repeating this. Based on absolutely nothing. Bitcoiners made up this myth. The average person won't have a clue why you think this way. Agree 100%. Another myth was the Cyprus (non)event. well i just made the assumption that when every "traditional" asset is going to be worth squat and that there will be nowhere to claim anything back, people would tend to focus on the only scarce asset left that cant be so hard to keep safe. and thats where i find the notion of "consensus" quite interesting too.. |
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ChartBuddy
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October 20, 2014, 09:00:46 PM |
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BBmmBB
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October 20, 2014, 09:10:47 PM |
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APPLE PAY? LOL  |
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JayJuanGee
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Self-Custody is a right. Say no to"Non-custodial"
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October 20, 2014, 09:13:04 PM |
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Nah, I think 2015 could drift around between the last two ATHs aimlessly. I think as long as everyone remembers that all prices will get visited and re-visited many times, they can ride the waves to make lots of extra BTC.
God knows BTC is the internet of money and will be immense in comparison to where it is today, but we all know that this is the speculative, early phase. I actually don't think there's much risk, but patience is required.
Spooderman, This is one of the first times that I heard a prediction like yours above... - eg BTC prices floating between last two ATHs (to me that means more or less floating between $266 and $1,163). Actually, there seems to be more convincing predictions (in my thinking) that BTC prices are going to go much beyond the last ATH.. once BTC prices arrive at a certain tipping price point b/c at a certain tipping price point, there are going to be a lot of people jumping on board the BTC train at various points along the way of getting to and surpassing the certain tipping price point and thereafter pushing the upward BTC price speculation. Personally, I tend to believe that the BTC tipping price point to be around the $850 price range. I personally find it a little bit infeasible that BTC prices would float around and/or between the last two ATHs, as you suggest. Nonetheless, I could see BTC prices floating between $266 and $850 for some time.. maybe even another year.. then get some kind of upward price growth into the $3k to $13k arena, and then floating back down a little bit below the previous ATH into the $900s or so.. However, it seems that more likely, once BTC prices rise past the previous ATH of $1,163, they will go so far past that previous ATH and shoot past the previous ATH into the $3k to $13k range that it becomes much more difficult to go back down below the previous ATH but surely NOT impossible. Surely a lot of dynamics and players are changing in the BTC space, so past results cannot be a very clear predictor of future performance... because the BTC investment category becomes more mature in several ways and that maturity brings new kinds of players into the BTC space to affect performance in a different way (as contrasted with the past)... yet at the same time, as these new players become more and more invested in the future performance of BTC, they also become more and more inclined to take ordinary and extra-ordinary measures to keep investing and prevent the price from falling below a certain price point (including the previous ATH - once the price shoots past the previous ATH). I still assert, never say never; however, hopefully you understand the point that I am attempting to make here? |
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JayJuanGee
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Self-Custody is a right. Say no to"Non-custodial"
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October 20, 2014, 09:15:09 PM |
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Perhaps he sold the bitcoins at discount to a mafia guy who sold them to a dubious businessman who sold them to a regular businessman who is now trying to cash out? Must be one of those victimless crimes i heard of? Is there anything similar to Bitcoin with that many scams, frauds and thefts? Maybe the nigerian prince e-mail scammers? Any asset rising in value is going to attract scammers, especially, if there are new and innovative ways to milk the newness of the asset class to your advantage. |
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hmmmstrange
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October 20, 2014, 09:20:41 PM |
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Perhaps he sold the bitcoins at discount to a mafia guy who sold them to a dubious businessman who sold them to a regular businessman who is now trying to cash out? Must be one of those victimless crimes i heard of? Is there anything similar to Bitcoin with that many scams, frauds and thefts? Maybe the nigerian prince e-mail scammers? Any asset rising in value is going to attract scammers, especially, if there are new and innovative ways to milk the newness of the asset class to your advantage. ummm....... value is inversely related of price.  |
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