Rampion
Legendary
 Offline
Activity: 1148
Merit: 1018
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May 20, 2013, 11:12:03 PM |
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Switching to mBTC would attract more buyers for sure. Let's do not forget that Bitcoin is generally perceived by the gran public as a currency more than a pure store of value, and thus paying +$100 for a single coin/token feels extremely expensive. That's true in the US and Europe, even more so in other parts of the world.
Anyhow, I think that the market will adjust itself regarding which units of BTC are used on exchanges and goods pricing.
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"I'm sure that in 20 years there will either be very large transaction volume or no volume." -- Satoshi
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MickeyT2008
Sr. Member
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Activity: 350
Merit: 250
This account was recently hacked
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May 20, 2013, 11:15:07 PM
Last edit: May 21, 2013, 12:29:12 AM by MickeyT2008 |
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bitcoinity is working fine here.
Not here though and I've tried two machines. I'm in the UK. I suppose it could be a problem with my ISP but everything else is working okay. MtGox isn't loading the buy and sell boxes on the trade tab properly and it's fairly unresponsive, although it does sort it out after a while. EDIT: It all seems okay again now Edit: For some reason my ISP is blocking Bitcoinity, the rest of the internet works and Bitcoinity is working for everyone else. Typical |
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Missionary
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May 20, 2013, 11:22:00 PM |
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I stand corrected. Appologies for making such a conclusive statement without checking my facts. I thought it was another silly American who didnt understand the prefixes. I actually should have known this even without looking it up. Btw: Does anyone know did SI chose this? Sorry to disappoint you. Silly Swede here, we know our standard units.  |
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Frozenlock
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May 20, 2013, 11:45:39 PM |
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I stand corrected. Appologies for making such a conclusive statement without checking my facts. I thought it was another silly American who didnt understand the prefixes. I actually should have known this even without looking it up. Btw: Does anyone know did SI chose this? Question answered here. (I don't link the exact time, because the video is worth watching  ) Edit: Haha! Sucked in!  |
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ChartBuddy
Legendary
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Activity: 2142
Merit: 1745
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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May 21, 2013, 12:02:55 AM |
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solex
Legendary
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Activity: 1078
Merit: 1002
100 satoshis -> ISO code
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May 21, 2013, 12:13:19 AM |
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Back on topic. The daily chart looks to have a bullish triangle with higher lows. Breakout coming, anyone?  |
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adamstgBit
Legendary
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Activity: 1904
Merit: 1037
Trusted Bitcoiner
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May 21, 2013, 12:48:33 AM |
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lol UP!
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ChartBuddy
Legendary
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Activity: 2142
Merit: 1745
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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May 21, 2013, 01:03:08 AM |
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dexX7
Legendary
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Activity: 1106
Merit: 1024
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May 21, 2013, 01:05:28 AM |
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Back on topic. The daily chart looks to have a bullish triangle with higher lows. Breakout coming, anyone? Absolutely. But one could say, we already left the triangle due to the side drift and there was no huge move. But bid/ask sum is still rising, what makes it somehow even more explosive. Your chart illustrates another thing pretty well. The price bounced on the trendline 16. april - 03. may on 15. may again. Pretty strong, I'd say.  Also this:  122-125 is a strong resistance, but the lows get higher and when/if it breaks... the sky is the limit™. |
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fitty
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May 21, 2013, 01:21:32 AM |
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Frozenlock
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May 21, 2013, 01:32:14 AM |
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Wow, one of the few instances of the last years where our politicians aren't sucking Obama's... Anyhow, good news. |
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deathcode
Copper Member
Sr. Member
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Activity: 1428
Merit: 253
Eloncoin.org - Mars, here we come!
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May 21, 2013, 01:33:19 AM |
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Is $123 the new $13?
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adamstgBit
Legendary
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Activity: 1904
Merit: 1037
Trusted Bitcoiner
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May 21, 2013, 01:35:37 AM |
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 now if i could only order a BTC pizza in canada...
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Frozenlock
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May 21, 2013, 01:42:13 AM |
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now if i could only order a BTC pizza in canada... Interesting. I sense a business opportunity.  |
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Abandon
Member
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Activity: 112
Merit: 10
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May 21, 2013, 01:42:44 AM |
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Back on topic. The daily chart looks to have a bullish triangle with higher lows. Breakout coming, anyone? Based on where the upward green arrow is pointing, I would concur an upward breakout is definitely within the realm of possibility! |
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Frozenlock
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May 21, 2013, 01:48:28 AM |
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Back on topic. The daily chart looks to have a bullish triangle with higher lows. Breakout coming, anyone? I don't see it. Could you draw it? |
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Abandon
Member
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Activity: 112
Merit: 10
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May 21, 2013, 01:55:33 AM |
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Back on topic. The daily chart looks to have a bullish triangle with higher lows. Breakout coming, anyone?
I don't see it. Could you draw it? I can almost see the cup and handle pattern forming as we speak!  Honestly though, there's a limit to how delusional I can be. . |
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solex
Legendary
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Activity: 1078
Merit: 1002
100 satoshis -> ISO code
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May 21, 2013, 01:57:45 AM |
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Absolutely. But one could say, we already left the triangle due to the side drift and there was no huge move. But bid/ask sum is still rising, what makes it somehow even more explosive. Your chart illustrates another thing pretty well. The price bounced on the trendline 16. april - 03. may on 15. may again. Pretty strong, I'd say. Agreed. frozenlock, the area from may 3rd onward. Smart TA guy like you can see these things without the lines being drawn! |
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Abandon
Member
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Activity: 112
Merit: 10
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May 21, 2013, 02:03:18 AM |
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I was looking at a weaker support this whole time, that one appears much stronger. I forgot to look at that one altogether. .
I wonder if the weaker one will hold.
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