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JimboToronto
Legendary
 Offline
Activity: 4494
Merit: 5813
You're never too old to think young.
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June 14, 2016, 08:58:55 PM |
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Sideways is okay after a weekend of excellent rally but we still have 3 hours to get the daily candle back in the green.
Buy, buy, buy.
Disclaimer: I can't buy any coins right now myself because I'm down to less than $500 pocket fiat. I almost sold a few million satoshis when we were over $700 to tide me over, but luckily I ran into someone who owed me some scratch so I didn't have to. Besides that, it's been almost a month since we've had a dip worth buying.
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savetherainforest
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June 14, 2016, 09:13:52 PM |
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Sideways is okay after a weekend of excellent rally but we still have 3 hours to get the daily candle back in the green.
Buy, buy, buy.
Disclaimer: I can't buy any coins right now myself because I'm down to less than $500 pocket fiat. I almost sold a few million satoshis when we were over $700 to tide me over, but luckily I ran into someone who owed me some scratch so I didn't have to. Besides that, it's been almost a month since we've had a dip worth buying.
"a few million satoshis" ... that seems to become a norm and not sound like an aberration when said out loud.  |
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JimboToronto
Legendary
Offline
Activity: 4494
Merit: 5813
You're never too old to think young.
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June 14, 2016, 09:29:41 PM |
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"a few million satoshis" ... that seems to become a norm and not sound like an aberration when said out loud. Aren't most of us satoshi multi-billionaires? |
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Spaceman_Spiff
Legendary
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Activity: 1638
Merit: 1001
₪``Campaign Manager´´₪
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June 14, 2016, 09:31:00 PM |
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I think we might see a second drop tomorrow.
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Fakhoury
Legendary
Offline
Activity: 1386
Merit: 1027
Permabull Bitcoin Investor
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June 14, 2016, 09:40:53 PM |
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I think we might see a second drop tomorrow.
Why ? |
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Fakhoury
Legendary
Offline
Activity: 1386
Merit: 1027
Permabull Bitcoin Investor
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June 14, 2016, 09:45:29 PM |
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Spaceman_Spiff
Legendary
Offline
Activity: 1638
Merit: 1001
₪``Campaign Manager´´₪
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June 14, 2016, 09:45:50 PM |
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I think we might see a second drop tomorrow.
Why ? We went up really fast, and this correction was quite mild. Leverage longs are still quite high. I might be wrong though. |
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Fakhoury
Legendary
Offline
Activity: 1386
Merit: 1027
Permabull Bitcoin Investor
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June 14, 2016, 09:51:14 PM |
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I think we might see a second drop tomorrow.
Why ? We went up really fast, and this correction was quite mild. Leverage longs are still quite high. I might be wrong though. Actually I don't find you wrong, I need a correction to sustain a healthy growth. |
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ImI
Legendary
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Activity: 1946
Merit: 1019
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June 14, 2016, 10:02:19 PM |
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If we have no external problems and BTC can just hush along as it pleases i expect this rally to be lasting a while. Nevertheless if the blocksize fight escalates again in July it might be the end of this bullish cycle. I hope that Luke, Adam and Matt will fulfill their promise and deliver the HF code, otherwise we could see some ugly High Noon between chinese miners and Core and you can bet that markets won't like that. https://www.reddit.com/r/btc/comments/4o2nii/please_bring_a_message_to_those_core_individuals/ |
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JimboToronto
Legendary
Offline
Activity: 4494
Merit: 5813
You're never too old to think young.
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June 14, 2016, 10:10:14 PM |
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I think we might see a second drop tomorrow.
I think we might see a second day of sideways tomorrow. |
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Fakhoury
Legendary
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Activity: 1386
Merit: 1027
Permabull Bitcoin Investor
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June 14, 2016, 10:11:50 PM |
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If we have no external problems and BTC can just hush along as it pleases i expect this rally to be lasting a while. Nevertheless if the blocksize fight escalates again in July it might be the end of this bullish cycle. I hope that Luke, Adam and Matt will fulfill their promise and deliver the HF code, otherwise we could see some ugly High Noon between chinese miners and Core and you can bet that markets won't like that. https://www.reddit.com/r/btc/comments/4o2nii/please_bring_a_message_to_those_core_individuals/I agree with what you said, but I believe in the core devs. and I respect their words, I nearly take their words forgranted. |
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ImI
Legendary
Offline
Activity: 1946
Merit: 1019
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June 14, 2016, 10:16:02 PM |
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If we have no external problems and BTC can just hush along as it pleases i expect this rally to be lasting a while. Nevertheless if the blocksize fight escalates again in July it might be the end of this bullish cycle. I hope that Luke, Adam and Matt will fulfill their promise and deliver the HF code, otherwise we could see some ugly High Noon between chinese miners and Core and you can bet that markets won't like that. https://www.reddit.com/r/btc/comments/4o2nii/please_bring_a_message_to_those_core_individuals/I agree with what you said, but I believe in the core devs. and I respect their words, I nearly take their words forgranted. I believe in the sanity of chinese miners, if prices are as pleasant as they are right now, i expect them to back down a little cause they know about the devastating PR-effects of such a showdown (including a fork, change of Hash and so on and on). In a way the rise in price keeps the problem at bay cause everybody is happy. At least i hope so. |
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Agaguk24
Full Member
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Activity: 242
Merit: 100
Extended Reality Advertising
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June 14, 2016, 10:17:39 PM |
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If we have no external problems and BTC can just hush along as it pleases i expect this rally to be lasting a while. Nevertheless if the blocksize fight escalates again in July it might be the end of this bullish cycle. I hope that Luke, Adam and Matt will fulfill their promise and deliver the HF code, otherwise we could see some ugly High Noon between chinese miners and Core and you can bet that markets won't like that. https://www.reddit.com/r/btc/comments/4o2nii/please_bring_a_message_to_those_core_individuals/I agree with what you said, but I believe in the core devs. and I respect their words, I nearly take their words forgranted. I believe in the sanity of chinese miners, if prices are as pleasant as they are right now, i expect them to back down a little cause they know about the devastating PR-effects of such a showdown (including a fork, change of Hash and so on and on). In a way the rise in price keeps the problem at bay cause everybody is happy. At least i hope so. Part of the BTC centralization problem is the aspect that nobody outside China can make deep changes to the Bitcoin network. Last time I checked, they still like their block sizes, small. I am afraid BTC price will remain the same way, too. |
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dumbfbrankings
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June 14, 2016, 10:21:16 PM |
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Found 35 seconds after previous block. Found 92 seconds after previous block. Found 23 seconds after previous block. An expert like you should really know about why these happen by now. Oh, you're just using it as propaganda against the guy who is calling Maxwell's bluff on the 2017 HF.... carry on then. |
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nioc
Legendary
Offline
Activity: 1624
Merit: 1008
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June 14, 2016, 10:26:04 PM |
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buying now is like banging two hotties in your living room, while your wife is out shopping for an undertermined amount of time. DANGEROUS and FUN!  Sure, we could go to $580 or so, but the trend definitely seems up, and even going into the lower $600s, such as in the $620s doesn't seem too likely in the near term. In other words, I think that it is more likely from here that we hit $750 before we hit $610... then that is the big test in the $750 to $850 price range. If we go above $850, it is likely all over BAAAAAAMMMM... $3k plus... On the other hand, after entering into the $750 to $850 range, we could have a bit of a price battle, and then sub $600 prices could then again become reasonable expectations, if the bears win that battle in the short run... I think that a lot of us BTC holders are feeling good at the moment, no matter which way this price thing goes, because we should be able to take some profits in this current price range (if we want), while still having some potential to stack up some bitcoins in order to prepare for the reasonably feasible (but not guaranteed) path upwards. the bearish case: weak hands are holding profitable trades, they are likely to exit their position prematurely. poeple get nervous during a correction and start taking profit as it drops, at 620 they are still profitable + they are nervous as hell; 700 to 620 is one hell of a drop, and that'll make most poeple sick... they will DUMP and take profits at 620 in a panic, so we might see 599 briefly and then go back up as this false sense of panic dies down and the weak hands have been shaken out. but seeing how 599$ is a bit of a pipedream ( are we Actually going to see a bunch of newbie take profit in a panic? probably not... newbies got POWN 3 months ago ) .... 600's is a Gr8! entry point.Confirmed!!! Cheap Coins!!! |
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AlexGR
Legendary
Offline
Activity: 1708
Merit: 1049
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June 14, 2016, 10:31:24 PM |
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Found 35 seconds after previous block. Found 92 seconds after previous block. Found 23 seconds after previous block. An expert like you should really know about why these happen by now. Oh, you're just using it as propaganda against the guy who is calling Maxwell's bluff on the 2017 HF.... carry on then. Others were closer than ...92 seconds but were still 1mb. 416265 (Main Chain) 2016-06-14 11:32:20 Slush 998.17 416264 (Main Chain) 2016-06-14 11:31:45 BTCC Pool 996.18 416272 (Main Chain) 2016-06-14 12:49:47 F2Pool 999.94 416271 (Main Chain) 2016-06-14 12:49:03 F2Pool 999.89 416309 (Main Chain) 2016-06-14 19:42:41 HaoBTC 997.42 416308 (Main Chain) 2016-06-14 19:42:12 AntPool 998.07 416313 (Main Chain) 2016-06-14 20:17:16 F2Pool 1,000 416312 (Main Chain) 2016-06-14 20:15:43 F2Pool 999.72 ...so... there you have it. Btw, the argument is not in your favor: If there are propagation issues even with 1mb that prevent miners from mining txs, then we either need a much better propagation system, much faster verifications or ....smaller blocks... Bigger blocks without altering the other components doesn't compute. |
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Fakhoury
Legendary
Offline
Activity: 1386
Merit: 1027
Permabull Bitcoin Investor
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June 14, 2016, 10:32:29 PM |
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If we have no external problems and BTC can just hush along as it pleases i expect this rally to be lasting a while. Nevertheless if the blocksize fight escalates again in July it might be the end of this bullish cycle. I hope that Luke, Adam and Matt will fulfill their promise and deliver the HF code, otherwise we could see some ugly High Noon between chinese miners and Core and you can bet that markets won't like that. https://www.reddit.com/r/btc/comments/4o2nii/please_bring_a_message_to_those_core_individuals/I agree with what you said, but I believe in the core devs. and I respect their words, I nearly take their words forgranted. I believe in the sanity of chinese miners, if prices are as pleasant as they are right now, i expect them to back down a little cause they know about the devastating PR-effects of such a showdown (including a fork, change of Hash and so on and on). In a way the rise in price keeps the problem at bay cause everybody is happy. At least i hope so. I like your sanity as well  |
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savetherainforest
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June 14, 2016, 10:35:00 PM |
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"a few million satoshis" ... that seems to become a norm and not sound like an aberration when said out loud. Aren't most of us satoshi multi-billionaires? Are you fishing to find out if I'm a trillionaire?  I think we might see a second drop tomorrow.
My astrologist told me to feel confident in the power of making money no matter the weather! ... Does that advice applies to you as well? |
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