JorgeStolfi
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February 14, 2015, 02:11:52 PM |
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People are still reposting on reddit the rumor that Google's payment system may use bitcoin. So that may be indeed the cause of the recent rise.
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Andre#
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February 14, 2015, 02:16:42 PM |
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People are still reposting on reddit the rumor that Google's payment system may use bitcoin. So that may be indeed the cause of the recent rise.
Of course, that must be it!
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12345mm
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February 14, 2015, 02:23:25 PM |
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right ... because some random reddit readers have millions in liquid capital sitting on the exchanges and were able to jam the price upwards 10% in less than a day in a coordinated fashion ... ha ... derrrr ... if you're not lying to others about btc at this point , you're lying to yourself ... in any case their money is still good and i'm happy to take it ...
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empowering
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February 14, 2015, 02:28:18 PM |
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People are still reposting on reddit the rumor that Google's payment system may use bitcoin. So that may be indeed the cause of the recent rise.
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inca
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February 14, 2015, 02:30:00 PM |
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People are still reposting on reddit the rumor that Google's payment system may use bitcoin. So that may be indeed the cause of the recent rise.
I think that would be buy the rumour, BUY the news!
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JorgeStolfi
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February 14, 2015, 02:54:11 PM |
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right ... because some random reddit readers have millions in liquid capital sitting on the exchanges and were able to jam the price upwards 10% in less than a day in a coordinated fashion ... ha ... derrrr ... if you're not lying to others about btc at this point , you're lying to yourself ... in any case their money is still good and i'm happy to take it ...
There are ~500 users logged in to the /r/bitcoin subreddit, of which 450 are statist trolls and bank shills according to the consensus evaluation. But the rumor comes from some bitcoin news site, so it must have been seen by many more people besides the reddit audience. What are people's guesses for the cause of the previous peak around 2015-02-02? Perhaps the rumor "McDonald will accept bitcoin on Valentine's Day"?
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JorgeStolfi
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February 14, 2015, 02:58:20 PM |
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People are still reposting on reddit the rumor that Google's payment system may use bitcoin. So that may be indeed the cause of the recent rise.
I think that would be buy the rumour, BUY the news! I suppose that the saying "buy the rumor, sell the news" means "rumors are usually wishful thinking by holders, the news are usually disappointing".
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ChartBuddy
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February 14, 2015, 02:59:39 PM |
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12345mm
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February 14, 2015, 03:18:24 PM |
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right ... because some random reddit readers have millions in liquid capital sitting on the exchanges and were able to jam the price upwards 10% in less than a day in a coordinated fashion ... ha ... derrrr ... if you're not lying to others about btc at this point , you're lying to yourself ... in any case their money is still good and i'm happy to take it ...
There are ~500 users logged in to the /r/bitcoin subreddit, of which 450 are statist trolls and bank shills according to the consensus evaluation. But the rumor comes from some bitcoin news site, so it must have been seen by many more people besides the reddit audience. What are people's guesses for the cause of the previous peak around 2015-02-02? Perhaps the rumor "McDonald will accept bitcoin on Valentine's Day"? right .. could be ... of course that was yet another hype lie ... mcdonalds has of course zero plans on doing anything at all with btc would be my *guess* ... they are a brick and mortar business and *fast* food to boot so they don't have any reason to inconvenience themselves with dealing with btc ... the valentines day thing was paying for your burgers with hugs or calling your family on your phone and telling them you love them or some such nonsense which was basically used to make free commercials without actors ... this was of course immediately jumped on by the btc fanatics since it had the words pay and phone in the same sentence ... the buy the hype sell the news pattern is because loooots of the rumors are false fabricated bs and the reality of the real news , when it's real , hitting and then nothing happening pricewise afterwards confirm the fact that the news didn't actually matter ... only what $ goes in/out matters ...
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samsonn25
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February 14, 2015, 03:21:04 PM |
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Probably 30-40% of McDonalds customers dont even have a bank account.
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gentlemand
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Welt Am Draht
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February 14, 2015, 03:23:52 PM |
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Probably 30-40% of McDonalds customers dont even have a bank account.
Or can count at all.
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Newar
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February 14, 2015, 03:28:50 PM |
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[...]
What are people's guesses for the cause of the previous peak around 2015-02-02? Perhaps the rumor "McDonald will accept bitcoin on Valentine's Day"?
I thought it was the "regulated exchange" hype.
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razorramon
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BILIBIT.IO -1st Decentralized Token in Philippines
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February 14, 2015, 03:32:16 PM |
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how did that mcdonalds rumor start in the first place? wasnt it all about the superbowl teaser? wasnt that about getting food for hugs or something like that? (dont know, didnt watch)
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NotHatinJustTrollin
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February 14, 2015, 03:34:08 PM |
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The McDonald's rumor started because they said they would start with a "new payment method". That payment method was not bitcoin but this "lovin'" thing: https://www.youtube.com/watch?v=iq2Sm2XGv_s
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gentlemand
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Welt Am Draht
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February 14, 2015, 03:36:45 PM |
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how did that mcdonalds rumor start in the first place? wasnt it all about the superbowl teaser? wasnt that about getting food for hugs or something like that? (dont know, didnt watch)
Correct. McDonalds talked about a new way of paying and in the teaser it showed lots of customers laughing or disbelieving when told about it. This meant that bitcoin acceptance was absolutely inevitable because the tired, hungry, overworked and poor general public always laugh and smile when someone behind the counter tells them about decentralised crypto currency with a series of diagrams, lines of code and haranguing.
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ssmc2
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February 14, 2015, 03:37:44 PM |
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how did that mcdonalds rumor start in the first place? wasnt it all about the superbowl teaser? wasnt that about getting food for hugs or something like that? (dont know, didnt watch)
Correct. McDonalds talked about a new way of paying and in the teaser it showed lots of customers laughing or disbelieving when told about it. This meant that bitcoin acceptance was absolutely inevitable because the tired, hungry, overworked and poor general public always laugh and smile when someone behind the counter tells them about decentralised crypto currency. I lol'd
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inca
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February 14, 2015, 03:41:12 PM |
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Meanwhile the price moves upwards..
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JorgeStolfi
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February 14, 2015, 03:49:51 PM |
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[...] What are people's guesses for the cause of the previous peak around 2015-02-02? Perhaps the rumor "McDonald will accept bitcoin on Valentine's Day"?
I thought it was the "regulated exchange" hype. No, that was almost certainly the cause for the earlier (and bigger) peak starting on 2015-01-25 (US time), that went from ~250 to ~310 USD/BTC.
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ChartBuddy
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February 14, 2015, 03:59:42 PM |
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camolist
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February 14, 2015, 04:11:12 PM |
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ohh my bid got taken earlier back in for a blocks worth on margin @ 235
50 @ $15 profit in a few hours hmmm to close or not to close closed at 248 bids in for the way down starting at 246 up 5.7 btc on bitfinex come join the fun taking coins from sellers / shorters
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