ChartBuddy
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Activity: 2324
Merit: 1802
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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September 20, 2015, 10:02:36 PM |
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nioc
Legendary
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Activity: 1624
Merit: 1008
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September 20, 2015, 10:16:18 PM |
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1) I found some fiat so I bought some btc.....fingers crossed
2) I used some btc and am waiting 36 minutes so far for the first block confirmation.
3) I don't have a paid signature.
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RenegadeMan
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September 20, 2015, 10:18:47 PM |
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^---------< Seems to be a very large build-up of bids on Finex. A lot of people are waiting for the inevitable drop that may turn out to be 'uninevitable'. Also it's interesting that for the past 12 or so hours BTC-e has often been higher than Bitstamp. That doesn't happen much and I wonder if it's indicating anything (either that everything's just gone dead & will stay that way for a while or it's some sort of rubber band being pulled that's about to snap ).
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Fatman3001
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Activity: 1526
Merit: 1013
Make Bitcoin glow with ENIAC
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September 20, 2015, 10:45:18 PM |
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Ok guyz!
What should be my target for the oct-jan bull run?
$1800 or $2500?
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nioc
Legendary
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Activity: 1624
Merit: 1008
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September 20, 2015, 10:47:13 PM |
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Ok guyz!
What should be my target for the oct-jan bull run?
$1800 or $2500?
Just remove a zero from each number and you won't be disappointed.
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Fatman3001
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Activity: 1526
Merit: 1013
Make Bitcoin glow with ENIAC
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September 20, 2015, 10:51:37 PM |
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Ok guyz!
What should be my target for the oct-jan bull run?
$1800 or $2500?
Just remove a zero from each number and you won't be disappointed. Screw that! I want to live! I want to feel the juices flowing! I want to be disappointed and make a big fuzz about it! I'd go with $300.
et tu brute
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ChartBuddy
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Activity: 2324
Merit: 1802
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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September 20, 2015, 11:02:34 PM |
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RenegadeMan
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September 20, 2015, 11:05:47 PM |
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Ok guyz!
What should be my target for the oct-jan bull run?
$1800 or $2500?
Just remove a zero from each number and you won't be disappointed. I think everyone needs to think very carefully before making assumptions about continued lacklustre price movement. When bitcoin went from ~$25 to more than ~250 within a couple of months leading up to April 2013 many would have thought they would never see anything like that again. Those who sold out and didn't buy back in again when it went back below $100 would have been kicking themselves when the big boom happened that following November. Well we're in the same situation right now. If things start seriously unravelling with fiat (and indications are that this is going to happen; it's only a matter of when) there will be a race into PMs and crypto. It's entirely likely we could see another run up that will make the ~$1200 from Nov 2013 look like the $250 from April 2013 (i.e if it follows a typical logarithmic trajectory, a $10,000 ATH is not out of the question). Bottom line: I would be very careful jumping in and out of BTC at the moment as it could suddenly take off and will catch many out.
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smoothie
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Activity: 2492
Merit: 1473
LEALANA Bitcoin Grim Reaper
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September 20, 2015, 11:10:02 PM |
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does this look like a HEAD AND SHOULDERS pattern to anyone here?
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coinableS
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Activity: 1442
Merit: 1186
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September 20, 2015, 11:18:58 PM |
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does this look like a HEAD AND SHOULDERS pattern to anyone here? No, way too much noise. This doesn't follow enough of the rules in TA to be a true head and shoulders.
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ChartBuddy
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Activity: 2324
Merit: 1802
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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September 21, 2015, 12:02:39 AM |
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d5000
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Activity: 4060
Merit: 7386
Decentralization Maximalist
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September 21, 2015, 12:18:11 AM |
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I'd go with $300.
Yeah, that would be my guess too. But I think when the scalability problem is finally solved we should see prices of 400 or even 500. I think price is currently "held down" because of uncertainty in this issue. Although XT seems pretty dead (the number of nodes is stagnating on 630-650), there is still no consensus about the other proposals.
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Cconvert2G36
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September 21, 2015, 12:27:01 AM |
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^---------< Seems to be a very large build-up of bids on Finex. A lot of people are waiting for the inevitable drop that may turn out to be 'uninevitable'. Also it's interesting that for the past 12 or so hours BTC-e has often been higher than Bitstamp. That doesn't happen much and I wonder if it's indicating anything (either that everything's just gone dead & will stay that way for a while or it's some sort of rubber band being pulled that's about to snap ). Don't let the finex bidwall get you too confident. Think about it, if you were trying to accumulate coins... would you telegraph this information to the sellers so you could pay more? Last time we had a benevolent bull whale stacking walls they got eaten and then we got a margin call cascade on the longs down to $162. Pretty surprising seeing 4x the volume of finex happening on bitstamp. Oh how the tables have turned...
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nioc
Legendary
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Activity: 1624
Merit: 1008
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September 21, 2015, 12:39:45 AM |
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Ok guyz!
What should be my target for the oct-jan bull run?
$1800 or $2500?
Just remove a zero from each number and you won't be disappointed. I think everyone needs to think very carefully before making assumptions about continued lacklustre price movement. When bitcoin went from ~$25 to more than ~250 within a couple of months leading up to April 2013 many would have thought they would never see anything like that again. Those who sold out and didn't buy back in again when it went back below $100 would have been kicking themselves when the big boom happened that following November. Well we're in the same situation right now. If things start seriously unravelling with fiat (and indications are that this is going to happen; it's only a matter of when) there will be a race into PMs and crypto. It's entirely likely we could see another run up that will make the ~$1200 from Nov 2013 look like the $250 from April 2013 (i.e if it follows a typical logarithmic trajectory, a $10,000 ATH is not out of the question). Bottom line: I would be very careful jumping in and out of BTC at the moment as it could suddenly take off and will catch many out. I have very close to my ATH of holdings of crypto currencies and trying to buy back what I was recently forced to sell. I believe at some point the usage and price will go up. I just have no expectation when that will happen. I don't even listen to the weather forecast.
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ChartBuddy
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Activity: 2324
Merit: 1802
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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September 21, 2015, 01:02:35 AM |
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ranlo
Legendary
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Activity: 1988
Merit: 1007
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September 21, 2015, 01:47:58 AM |
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Ok guyz!
What should be my target for the oct-jan bull run?
$1800 or $2500?
Just remove a zero from each number and you won't be disappointed. I think everyone needs to think very carefully before making assumptions about continued lacklustre price movement. When bitcoin went from ~$25 to more than ~250 within a couple of months leading up to April 2013 many would have thought they would never see anything like that again. Those who sold out and didn't buy back in again when it went back below $100 would have been kicking themselves when the big boom happened that following November. Well we're in the same situation right now. If things start seriously unravelling with fiat (and indications are that this is going to happen; it's only a matter of when) there will be a race into PMs and crypto. It's entirely likely we could see another run up that will make the ~$1200 from Nov 2013 look like the $250 from April 2013 (i.e if it follows a typical logarithmic trajectory, a $10,000 ATH is not out of the question). Bottom line: I would be very careful jumping in and out of BTC at the moment as it could suddenly take off and will catch many out. I have very close to my ATH of holdings of crypto currencies and trying to buy back what I was recently forced to sell. I believe at some point the usage and price will go up. I just have no expectation when that will happen. I don't even listen to the weather forecast. The issue here is that usage doesn't relate to price at all. Most services that come out are all about going from cash -> BTC -> cash quickly, which negates the usage factor altogether. We need more to adopt BTC as a method of transacting, without continuing the dilution via liquidation.
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criptix
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Activity: 2464
Merit: 1145
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September 21, 2015, 01:54:45 AM |
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Ok guyz!
What should be my target for the oct-jan bull run?
$1800 or $2500?
Just remove a zero from each number and you won't be disappointed. I think everyone needs to think very carefully before making assumptions about continued lacklustre price movement. When bitcoin went from ~$25 to more than ~250 within a couple of months leading up to April 2013 many would have thought they would never see anything like that again. Those who sold out and didn't buy back in again when it went back below $100 would have been kicking themselves when the big boom happened that following November. Well we're in the same situation right now. If things start seriously unravelling with fiat (and indications are that this is going to happen; it's only a matter of when) there will be a race into PMs and crypto. It's entirely likely we could see another run up that will make the ~$1200 from Nov 2013 look like the $250 from April 2013 (i.e if it follows a typical logarithmic trajectory, a $10,000 ATH is not out of the question). Bottom line: I would be very careful jumping in and out of BTC at the moment as it could suddenly take off and will catch many out. I have very close to my ATH of holdings of crypto currencies and trying to buy back what I was recently forced to sell. I believe at some point the usage and price will go up. I just have no expectation when that will happen. I don't even listen to the weather forecast. The issue here is that usage doesn't relate to price at all. Most services that come out are all about going from cash -> BTC -> cash quickly, which negates the usage factor altogether. We need more to adopt BTC as a method of transacting, without continuing the dilution via liquidation. this is wrong. if usage goes up demand for btc will go up. supply will not inrease therefore price has to inrease. if price is stable it just means demand and supply are in a equilibrium. /edit for the sake of the argument i didnt include the btc mining, but looking into the longer future it would still be correct.
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ranlo
Legendary
Offline
Activity: 1988
Merit: 1007
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September 21, 2015, 01:57:46 AM |
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Ok guyz!
What should be my target for the oct-jan bull run?
$1800 or $2500?
Just remove a zero from each number and you won't be disappointed. I think everyone needs to think very carefully before making assumptions about continued lacklustre price movement. When bitcoin went from ~$25 to more than ~250 within a couple of months leading up to April 2013 many would have thought they would never see anything like that again. Those who sold out and didn't buy back in again when it went back below $100 would have been kicking themselves when the big boom happened that following November. Well we're in the same situation right now. If things start seriously unravelling with fiat (and indications are that this is going to happen; it's only a matter of when) there will be a race into PMs and crypto. It's entirely likely we could see another run up that will make the ~$1200 from Nov 2013 look like the $250 from April 2013 (i.e if it follows a typical logarithmic trajectory, a $10,000 ATH is not out of the question). Bottom line: I would be very careful jumping in and out of BTC at the moment as it could suddenly take off and will catch many out. I have very close to my ATH of holdings of crypto currencies and trying to buy back what I was recently forced to sell. I believe at some point the usage and price will go up. I just have no expectation when that will happen. I don't even listen to the weather forecast. The issue here is that usage doesn't relate to price at all. Most services that come out are all about going from cash -> BTC -> cash quickly, which negates the usage factor altogether. We need more to adopt BTC as a method of transacting, without continuing the dilution via liquidation. this is wrong. if usage goes up demand for btc will go up. supply will not inrease therefore price has to inrease. if price is stable it just means demand and supply are in a equilibrium. Usage only matters if people are holding. Take this, for example: We have 100 BTC. There are 100 people interested. All 100 are buying and instantly selling their BTC. 1000 more people get interested. The market is constantly buying and selling, so they jump in as well. This has no effect. If people HODL, this will change things. But that's just as easy to do with 1k people as it is with 1m.
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ChartBuddy
Legendary
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Activity: 2324
Merit: 1802
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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September 21, 2015, 02:02:29 AM |
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