K~Ehleyr
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Activity: 434
Merit: 250
Ooh, shiny things!!
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November 16, 2016, 12:52:09 PM |
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toknormal
Legendary
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Activity: 3066
Merit: 1188
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November 16, 2016, 12:55:14 PM |
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soullyG
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November 16, 2016, 01:00:57 PM |
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Ahaha nice one toknormal, worth the wait  Also, rocket launching sooner rather than later? |
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Scofield
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November 16, 2016, 01:01:48 PM |
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Haha nice one! Any clue what's next? Did I see that correctly, did OKCoin just hit 5399CNY or 785 USD? Seems like shit's about to get real! I'm holding tight. |
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Elwar
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Activity: 3584
Merit: 2386
Viva Ut Vivas
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November 16, 2016, 01:03:21 PM |
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wtf just happened?
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JimboToronto
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Activity: 4690
Merit: 6169
You're never too old to think young.
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November 16, 2016, 01:03:41 PM |
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Well well well. Just woke up to answer the call of nature and what do I see?
$739 USD / $998 CAD according to Bitcoinaverage.
Great timing but now I don't want to go back to bed.
Keep going or serious retrace?
This is the third time this year we've flirted with a grand Canadian. Will it stick this time?
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Paashaas
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Activity: 4005
Merit: 6130
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November 16, 2016, 01:08:04 PM |
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 $740! |
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toknormal
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Activity: 3066
Merit: 1188
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November 16, 2016, 01:09:55 PM
Last edit: November 16, 2016, 01:21:37 PM by toknormal |
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Keep going or serious retrace?
Looking at the 1 week chart which spans a time period of 3 years, that 2013 spike is now looking seriously threatened. Like as in, about to get comprehensively demolished. It's the handle at the end of the big cup that does it. The thing is, we barely spent more than a couple of weeks in total above the current level back then. Meanwhile, bitcoin has had 3 years of growth, a ton of competition that didn't even dent its marketcap and 4 months trading at or near these levels in a very bullish "cup" end of a 2 year cup & handle trading pattern. Also, a virtuous cycle gets set up once the rise gains attention in the media. P.S. While I've been writing, Huobi now at $760 nearly. BTC getting scarce cos everyone knows whats on the cards.  |
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Ibian
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Activity: 2268
Merit: 1278
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November 16, 2016, 01:22:57 PM |
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The day more people want to own a whole bitcoin than there are bitcoins...
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mymenace
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Activity: 1596
Merit: 1061
Smile
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November 16, 2016, 01:24:47 PM |
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Keep going or serious retrace?
Looking at the 1 week chart which spans a time period of 3 years, that 2013 spike is now looking seriously threatened. Like as in, about to get comprehensively demolished. It's the handle at the end of the big cup that does it. massive cup and handle |
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meh32123
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Activity: 111
Merit: 10
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November 16, 2016, 01:27:47 PM |
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Triple top, so some down now? :-)
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JimboToronto
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Activity: 4690
Merit: 6169
You're never too old to think young.
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November 16, 2016, 01:30:42 PM |
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Seems to be leveling off.
I'm going back to bed. See you at the crack of noon.
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soullyG
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November 16, 2016, 01:42:22 PM |
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@toknormal any chance you could make an updated version of this chart with the last year or so of trading on it?  |
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toknormal
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Activity: 3066
Merit: 1188
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November 16, 2016, 01:45:32 PM |
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@soullyG, that wasn't one of my chart postings.
Haven't seen that one before.
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Paashaas
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Activity: 4005
Merit: 6130
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November 16, 2016, 01:47:49 PM |
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The Yuan reached a 8 year low so the goverment runs around like headless chickens thinking how to stop it... i expect some sort of fresh but useless ''China Bitcoin Ban'' next week.
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petahashminer
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Activity: 1890
Merit: 1037
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November 16, 2016, 01:52:50 PM |
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Good morning, bitcoin lovers. The way of $800s has already opened. new target ALL TIME HIGH. |
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toknormal
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Activity: 3066
Merit: 1188
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November 16, 2016, 01:58:52 PM |
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Working on the sellwall.  |
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conspirosphere.tk
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Activity: 2352
Merit: 1064
Bitcoin is antisemitic
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November 16, 2016, 02:07:35 PM |
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Realistically speaking the bitcoin price will have to become much much higher once those institutional investors get involved, right?
Yeah, just like gold and silver.  But the sellers of such derivatives will make a killing. |
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Elwar
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Activity: 3584
Merit: 2386
Viva Ut Vivas
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November 16, 2016, 02:12:15 PM |
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So I was in Saigon last week. I brought about 1k euro for my 10 day trip but was low on funds the last day. I don't have any credit cards or debit card but I found a Bitcoin ATM in a little pizza place.
It was a pretty smooth process, fortunately I had a local phone sim card so I had a local number. It verified me via a SMS message and I sent my bitcoins via QR code on my phone wallet. Unfortunately it took more than 10 minutes for confirmation so I went shopping and got an SMS when the money was ready. Returned, entered the code from my phone and got my funds.
Hopefully SegWit speeds up the process and the BTM could have used better algorithms to verify that the double spend possibilities were low. I like how some BTMs allow you to do all of transactions before you even get to the machine so it is instant when you get there.
But it was good that I was able to get some quick cash via bitcoins and the shop benefited from being there since myself and my friends stuck around for a drink while we waited the 10 minutes. And my friend decided to go back to that place for dinner having read the menu.
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redsn0w
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Activity: 1778
Merit: 1043
#Free market
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November 16, 2016, 02:17:09 PM |
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Poll
