inca
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Activity: 1176
Merit: 1000
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June 20, 2016, 06:03:09 PM |
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I just think there are a lot of people who held through the last bubble and subsequent crash. They are 3 years older and are likely to take profit now and as we go higher.
The price has already run from 200 to 789 and we aren't even at the halving yet. The whole shebang so far is the market attempting to price in the halving phenomenon before it has actually exerted any effect on new coin emission.
I just don't think we go much higher without a decent shakeout. There is still nearly three weeks to the halving date - lots can happen in that time :-)
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Once a transaction has 6 confirmations, it is extremely unlikely that an attacker without at least 50% of the network's computation power would be able to reverse it.
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Its About Sharing
Legendary
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Activity: 1442
Merit: 1000
Antifragile
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June 20, 2016, 06:15:43 PM |
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WE ARE HERE!!!
Look: Funny how that looked like a whale  Very little chance of that happening on this run. I don't think we'll get another bubble like that one again. Unlike back then, now some people are bound to dump their btc at the slightest sign of bubble (like that one.) bursting. Besides, I think it'll be much better if the price raise steadily instead of going crazy like that [/quote] There is much much bigger money getting involved in bitcoin and also consider the global financial situation (again), Juan devaluations and Capital Controls (and most of this buying is from China), rising awareness of a corrupt and inflated money system, Billion plus into BTC infrastructure last year alone, etc. There are many many more reasons to have another bubble and for us to sustain the price in the thousands. It is just simple math. We are sitting on a disruptive financial technology that is slowly being adopted and has a "market cap" of 12 or so Billion? In finance? lol, we are just getting started.... |
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fichtn12345
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June 20, 2016, 06:30:22 PM |
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first bubble more than 10$ second bubble more than 100$ third bubble more than 1000$ fourth bubble more than 10000$  |
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kehtolo
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June 20, 2016, 06:37:48 PM |
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Are we going to form the biggest cup and saucer in history before the mega supper bubble?? |
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toknormal
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Activity: 3066
Merit: 1188
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June 20, 2016, 06:44:55 PM |
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Congratulations on your foresight. This guy also seems to have been pretty damn on the money for the time.... This is a joke. The last bubble/correction hasn't even begun yet. It needs to get back to 200-300 before its next move of up or down.
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AlexGR
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Activity: 1708
Merit: 1049
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June 20, 2016, 06:51:32 PM |
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We are talking about bubbles in a highly undervalued asset, just because price appears "high" due to a small number of coins.
The exact same asset, if counted in 21bn millibits, would sound "very cheap" at ...75 cents and people would be like "ohhh it'll go to 1-2-10-100$ easy".
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hv_
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Activity: 2506
Merit: 1055
Clean Code and Scale
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June 20, 2016, 06:54:33 PM |
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first bubble more than 10$ second bubble more than 100$ third bubble more than 1000$ fourth bubble more than 10000$ As I wrote in 2013 The fifth growth spurt.... When there was no block size limit .... |
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infofront (OP)
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Activity: 2632
Merit: 2780
Shitcoin Minimalist
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June 20, 2016, 07:00:04 PM |
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The value is the price one is willing to pay for it.
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wachtwoord
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Activity: 2324
Merit: 1125
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June 20, 2016, 07:05:23 PM |
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The value is the price one is willing to pay for it.
No that's price. Keep trying. |
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BitUsher
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Activity: 994
Merit: 1034
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June 20, 2016, 07:14:20 PM |
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https://bitcoincore.org/en/meetings/2016/06/16/Segwit testing already done , but Devs are delaying releasing as RC1 for 1 week to allow some more testing on Compact Blocks that they want to release at the same time. Yes, we are unexpectedly getting compact blocks soon with the 0.13.0 version!  Bullish!
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dumbfbrankings
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June 20, 2016, 07:15:08 PM
Last edit: June 20, 2016, 07:33:06 PM by dumbfbrankings |
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The value is the price one is willing to pay for it.
No that's price. Keep trying. This ironclad logic is exciting. Say... I've got some coins I only value around $1158, who shall we use for escrow? https://bitcoincore.org/en/meetings/2016/06/16/Segwit testing already done , but Devs are delaying releasing as RC1 for 1 week to allow some more testing on Compact Blocks that they want to release at the same time. Yes, we are unexpectedly getting compact blocks soon with the 0.13.0 version! Bullish! Fairly dramatic rewrite of how Bitcoin works, including its fee economics, to be soft forked onto a live network while 62% of the node network doesn’t use the latest release. With the ability to deploy 29 concurrent soft forks via BIP9… mining pool ops could fix any problems in flight with most nodes not even noticing anything had happened… Also exciting! and Bullish! |
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JayJuanGee
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Activity: 3710
Merit: 10196
Self-Custody is a right. Say no to"Non-custodial"
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June 20, 2016, 08:04:21 PM |
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https://bitcoincore.org/en/meetings/2016/06/16/Segwit testing already done , but Devs are delaying releasing as RC1 for 1 week to allow some more testing on Compact Blocks that they want to release at the same time. Yes, we are unexpectedly getting compact blocks soon with the 0.13.0 version! Bullish! I'm not really a technical person, and the discussion of the meeting looks bullish to me - including what appears to be a target date of July 7 for "candidate 1" release date, whatever "candidate 1" means? |
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BitUsher
Legendary
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Activity: 994
Merit: 1034
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June 20, 2016, 08:08:37 PM |
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https://bitcoincore.org/en/meetings/2016/06/16/Segwit testing already done , but Devs are delaying releasing as RC1 for 1 week to allow some more testing on Compact Blocks that they want to release at the same time. Yes, we are unexpectedly getting compact blocks soon with the 0.13.0 version! Bullish! I'm not really a technical person, and the discussion of the meeting looks bullish to me - including what appears to be a target date of July 7 for "candidate 1" release date, whatever "candidate 1" means? rc1 is a "beta" version released for download by anyone on the mainet that wants to test 1-2 weeks prior to the final version. I typically upgrade immediately to rc1 so I can help test. The difference between rc1 and the final release simply is that it is recommended more for technical people and with lower balances on the wallet (less than a few btc) but it is on the main-net and can be used by anyone. Basically, RC1 gets a introductory release jul 7 and will include , unexpectedly, Compact Blocks(far superior to Xthin blocks)! |
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savetherainforest
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June 20, 2016, 08:12:16 PM |
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More cheap coins for "The Dragon" ??
People don't want to understand "He/They" like(s) to buy their cheap coins.I keep seeing little walls of 25-50 coins appearing and appearing without hesitation! It is a Mirage! |
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strawbs
Legendary
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Activity: 868
Merit: 1340
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June 20, 2016, 08:41:11 PM |
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I keep seeing little bits of bold text appearing and appearing without justification
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savetherainforest
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June 20, 2016, 08:46:09 PM |
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I keep seeing little bits of bold text appearing and appearing without justification
I just speculate what I'm seeing in the China exchanges!  |
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DaRude
Legendary
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Activity: 2778
Merit: 1791
In order to dump coins one must have coins
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June 20, 2016, 08:57:17 PM |
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WTF only BTC880 on Finex till $700  and BTC785 till $850 where did the order book go? |
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strawbs
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Activity: 868
Merit: 1340
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June 20, 2016, 09:04:27 PM
Last edit: June 20, 2016, 09:14:36 PM by strawbs |
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WTF only BTC880 on Finex till $700 and BTC785 till $850 where did the order book go? Something strange happening there, I think. The depth chart has been all over the place too. |
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DaRude
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Activity: 2778
Merit: 1791
In order to dump coins one must have coins
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June 20, 2016, 09:13:16 PM |
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WTF only BTC880 on Finex till $700 and BTC785 till $850 where did the order book go? Something strange happening there, I think. The depth chart has been all over the place too. And they stopped updating altogether |
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