ChartBuddy
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October 09, 2013, 10:02:39 AM |
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ChartBuddy
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October 09, 2013, 11:02:50 AM |
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ChartBuddy
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October 09, 2013, 12:02:39 PM |
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ChartBuddy
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October 09, 2013, 01:02:45 PM |
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thezerg
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October 09, 2013, 01:23:36 PM |
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Watch cbx it actually led yesterday, moving up to 127 with a large bidwall (normally it is near bitstamp). Even though it has low volume, I think its a barometer of USA sentiment. And a blast from the past for all you "traders" that have just realized that China is important... China is coming... the quote below is what its like to really invest. Especially a year ago when (like China now) service was thinner. tl;dr: It takes a month+ to do more then just stick your toe in. I also think that a lot of you old timers mis-estimate the time and effort it takes for a noobie to bootstrap. It goes something like this:
1. Read about it, overcome the negative stigma that comes with SR, gambling, etc. 2. Make a small investment using bitinstant (edit: or direct person 2 person, etc) 3. Learn a ton about the banking system, chargebacks, how FED creates $. 4. Ask all the noobie questions "why can't someone just [print more bitcoins, steal your wallet, turn off the network, make it illegal]". What's it backed by anyway? :-) 5. Read enough about it to stress about all the scammers hacked wallets and failed exchanges, etc. 6. Start the KYC process with an exchange that has about 5000 totally obscure and difficult to use ways to deposit money. 7. Tortuously move small chunks of fiat into the exchange 8. start buying 9. freak out about failed exchanges, possibility of USB stick failure, etc 10. start looking at paper/brain wallets 11. Get your head around the idea of actually holding your own money somewhere 12. Create isolated new install VM to make a paper wallet. You can't outsource this to some client-side web script (if you really want a secure wallet)! 13. TEST the paper wallet concept (requires an entire blockchain sync from scratch). 14. KYC finally comes through! 15. DAMMIT price has doubled :-)
This was my path anyway...
For HNWIs its got to happen with both them AND their advisor (who's gonna do all the work).
So people who might have gotten interested in bitcoin during the Euro financial uncertainty may just now be starting to move from a few hundred BTC trial investment to an actual acquisition strategy.
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ChartBuddy
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October 09, 2013, 02:02:44 PM |
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DougTanner
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October 09, 2013, 02:05:00 PM |
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We're back on track
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el_rlee
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October 09, 2013, 02:31:00 PM |
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China is coming up. Big time.
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spooderman
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October 09, 2013, 02:32:57 PM |
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From what I see, most of the volume on btcchina was back in april, though the price is almost as high as it was then.... edit: whoops, no it's not, still only about half of what it was before the bubble burst. So why do you say this? China is coming up. Big time.
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adamstgBit
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October 09, 2013, 02:43:30 PM |
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From what I see, most of the volume on btcchina was back in april, though the price is almost as high as it was then.... edit: whoops, no it's not, still only about half of what it was before the bubble burst. So why do you say this? China is coming up. Big time.
what do you spooderman say about this? price rise & its volume has been spread out, while the drop in april happened all at once.
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Richy_T
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October 09, 2013, 02:46:33 PM |
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Helloooo 140s. Good to see you again.
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Walsoraj
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October 09, 2013, 02:52:21 PM |
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I will become mega bull with raging boner when I see 50k daily volume on gox for at least a week. Until then, SINGLE DIGITS!
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thezerg
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October 09, 2013, 02:58:23 PM |
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I will become mega bull with raging boner when I see 50k daily volume on gox for at least a week. Until then, SINGLE DIGITS!
past performance is no guarantee of future results... stop living in the past
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adamstgBit
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October 09, 2013, 02:59:49 PM |
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walls on Stamps Suddenly looks way more bullish! it seems more bids were place as asks where bought.
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ChartBuddy
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October 09, 2013, 03:02:50 PM |
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bobdude17
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October 09, 2013, 03:27:28 PM |
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I seriously had a dream last night that a single buy took us to 150. (From 140ish)
*waiting to see if I'm special*
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theonewhowaskazu
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October 09, 2013, 03:43:36 PM |
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I seriously had a dream last night that a single buy took us to 150. (From 140ish)
*waiting to see if I'm special*
When you dream about Bitcoin, you already know you're special.
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Luno
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October 09, 2013, 03:45:29 PM |
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Not that informative but fun:
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adamstgBit
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October 09, 2013, 03:47:19 PM |
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I seriously had a dream last night that a single buy took us to 150. (From 140ish)
*waiting to see if I'm special*
listen to your dreams! If you look back in the old Wall Observer thread, you'll find me saying i had a dream that bitcoin exploded well over 100$ I dismissed my dream and sold at 20-25 ( it seemed like the rational thing to do -_- ) only to find out i was indeed special!
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