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gambitv
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November 07, 2013, 07:21:40 PM |
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Every time a block is mined, a certain amount of BTC (called the
subsidy) is created out of thin air and given to the miner. The
subsidy halves every four years and will reach 0 in about 130 years.
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adamstgBit
Legendary
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Activity: 1904
Merit: 1037
Trusted Bitcoiner
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November 07, 2013, 07:22:20 PM |
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a real bubble would be one where the price goes beyond the expect value of bitcoin if bitcoin was 3% of the world  |
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Tzupy
Legendary
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Activity: 2128
Merit: 1074
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November 07, 2013, 07:22:29 PM |
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A correction is on the way, the 4th sub-sub-sub-wave of the second sub-sub-wave of the strongest sub-wave of wave 5.
There are now 16.5k coins on the ask side, but most waiting to be sold at higher prices.
We all know how your previous analysis went sub sub sub par! The correction is already happening in China, but nothing yet on Gox or Bitstamp. This correction was coming, as I mentioned. It was delayed on Gox by a couple of small whales who bought high. |
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molecular
Donator
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Activity: 2772
Merit: 1019
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November 07, 2013, 07:23:53 PM |
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!!!! Subway! 10% discount! Is this real?  only in Russia  In soviet russia, sandwich buys bitcoin. |
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barbs
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November 07, 2013, 07:25:55 PM |
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still holding, earlier this year I'd have pulled my patented sell low buy high move
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meh32123
Member
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Activity: 111
Merit: 10
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November 07, 2013, 07:27:36 PM |
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Ok, im done correcting, let's rally again ~_~ |
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TheKoziTwo
Legendary
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Activity: 1552
Merit: 1047
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November 07, 2013, 07:27:44 PM |
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anyone have roller coaster memes that are appropriate
Preferably with some bears riding around
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rpietila
Donator
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Activity: 1722
Merit: 1036
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November 07, 2013, 07:29:44 PM |
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a real bubble would be one where the price goes beyond the expect value of bitcoin if bitcoin was 3% of the world Yeah, quite certainly there will be a bubble in bitcoin, and then we are talking about a serious bubble where million satoshis is called a millionaire and similar crazy stuff. Remember, long term, not much above $300k is realistic  |
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micalith
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November 07, 2013, 07:30:04 PM |
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still holding, earlier this year I'd have pulled my patented sell low buy high move
same here. still hurts, but not as much as loosing BTC |
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Missionary
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November 07, 2013, 07:30:57 PM |
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Moving from hope to relief. |
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oda.krell
Legendary
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Activity: 1470
Merit: 1007
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November 07, 2013, 07:38:07 PM |
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hehehe, interesting to watch. almost as if the market is unsure if the correction should continue or not. re-testing 270 is still a real possibility, IMO. If we'd go there, we'll see what is stronger, hunger for more coins, or fear. however right now it looks like bitstamp has enough buying pressure to stop it from going further (that'd be a new development, bitstamp *stopping* a correction, instead of initiating it oO)
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barbs
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November 07, 2013, 07:38:50 PM |
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hehehe, interesting to watch. almost as if the market is unsure if the correction should continue or not. re-testing 270 is still a real possibility, IMO. If we'd go there, we'll see what is stronger, hunger for more coins, or fear. however right now it looks like bitstamp has enough buying pressure to stop it from going further (that'd be a new development, bitstamp *stopping* a correction, instead of initiating it oO)
Selling started on stamp then gox got pulled in  |
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Nemo1024
Legendary
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Activity: 1680
Merit: 1014
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November 07, 2013, 07:39:15 PM |
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still holding, earlier this year I'd have pulled my patented sell low buy high move
same here. still hurts, but not as much as loosing BTC Managed to pull the correct manoeuvre this time (sell high, buy low, but not as low as I could have in the hindsight ), compensating a minor loss from this morning. Holding 100% from now on. |
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barbs
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November 07, 2013, 07:40:42 PM |
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still holding, earlier this year I'd have pulled my patented sell low buy high move
same here. still hurts, but not as much as loosing BTC Managed to pull the correct manoeuvre this time (sell high, buy low, but not as low as I could have in the hindsight ), compensating a minor loss from this morning. Holding 100% from now on. I'm in the process of grudgingly moving some btc back to gox for trading cause bitstamp is just awful for that : hope to pull a similar move (only going to risk 20% of btc max for trading) |
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xxnewbiecoinerxx
Member
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Activity: 68
Merit: 10
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November 07, 2013, 07:49:39 PM |
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As a newcomer and "rediscovering" bitcoin exactly a week ago and now waiting desperately verification on bitstamp, imagine how i am now watching the price movements  . Although, the last 2 hours seem promising. |
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NewLiberty
Legendary
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Activity: 1204
Merit: 1002
Gresham's Lawyer
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November 07, 2013, 07:55:41 PM |
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As a newcomer and "rediscovering" bitcoin exactly a week ago and now waiting desperately verification on bitstamp, imagine how i am now watching the price movements . Although, the last 2 hours seem promising. Sometimes faster coins are better than cheaper coins. If you want some today, check out localbitcoins or bitcoin-brokers (which is like local bitcoin but with concierge service) |
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bnjmnkent
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November 07, 2013, 08:00:19 PM |
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The technical support meltdown in #mtgox right now is quite a spectacle to behold.
Is this in regards to people not being able to get fiat out? Or is it fiat AND BTC? yes it is both. gox is fucking lol. cant get fiat OR BTC hahahaha It apparently is related to mining pools dumping there nice new coins directly onto the exchange. So apparently with minted coin, they need 100 confirmations before they can be spent? So he mixes your transfer out with the new mints, and presto...you are stuck waiting 3 days for your coins... Ah! That's a pretty good technical explanation really. I just tried a BTC withdraw out of curiosity. Lets see how long it takes. EDIT: Just got the BTC as I clicked posted. Took no more then a minute. Withdrew 10 BTC as a tester (didn't want it to not work and leave a whole chunk in limbo!) So anyway, seems like FUD to me unless the amount makes any difference (which I doubt). User sturle reported something about a coinbase related 100 confirmations bug in the thread Mt.Gox withdrawal (the gathering). From all I have seen, it was mostly people flipping out, when Gox had to refill from cold storage. |
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ChartBuddy
Legendary
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Activity: 2170
Merit: 1776
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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November 07, 2013, 08:01:36 PM |
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mccorvic
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November 07, 2013, 08:09:09 PM |
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Guess the bears have ran out of ammo again. I don't know why they keep trying.
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barbs
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November 07, 2013, 08:09:42 PM |
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why would i sell at 320 when i can sell at 280  |
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Poll
