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hlynur
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May 08, 2013, 09:26:46 PM |
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BTW.. 320 pages of thread in 20 days?
It's a bubble!
The old one was more than one year old when it crossed 1000 pages...
Amazing!
you forgot this is HARDCORE version. that old stuff was for the wimps  ...aaaand we had quite some bitchfighting going on. |
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You get merit points when someone likes your post enough to give you some. And for every 2 merit points you receive, you can send 1 merit point to someone else!
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SAQ
Newbie
 Offline
Activity: 56
Merit: 0
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May 08, 2013, 09:27:45 PM |
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I can see dry paint.
Does anyone have any theory as to why we've stopped at 112-114?
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mccorvic
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May 08, 2013, 09:27:53 PM |
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BTW.. 320 pages of thread in 20 days?
It's a bubble!
The old one was more than one year old when it crossed 1000 pages...
Amazing!
I miss the old thread  |
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wachtwoord
Legendary
Offline
Activity: 2324
Merit: 1125
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May 08, 2013, 09:29:01 PM |
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BTC has lost the faith at higher prices.
OTOH, it has shown it can go high. Might be a race to see who can pick the top. Personally, I think some longer-term stability would be for the best but it'll do what it will do. That's the pattern every time. Short massive growth bursts with long relatively stable/slightly descending periods. Slowly acquire coins and sit it out through the volatility. |
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tHash
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May 08, 2013, 09:35:00 PM |
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Push the buying...this will fall like crazy!
113 now... Nothing to push it up. BTC has lost the faith at higher prices.
We want a stable currency not a crazy one.
Let it go down and it will be stable then.
It is stabilizing, right where we are. You might say that BTC has gained the faith at any lower prices. It's called consolidation. If bid sum was falling during consolidation, then we would see a breakout downwards. It has however been rising. More likely to breakout upwards, only there is no way to know. I am still not all in . . . There is way too much support growing to ever see the prices you seem to want. The only reason to want the price down is so that you can buy in, and then what? Celebrate when it goes up 150%? It makes more sense that you buy in now, and gain 150% from here, and it would be better for BTC if you buy in now and "only" realize a 50% increase. If BTC goes down as much as you want, it will do anything but stabilize. |
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MickeyT2008
Sr. Member
Offline
Activity: 350
Merit: 250
This account was recently hacked
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May 08, 2013, 09:35:43 PM |
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It looks like things might begin to move now - I hope so as this is getting tedious
I suppose this wasn't entirely accurate |
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fitty
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May 08, 2013, 09:37:25 PM |
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I can see dry paint.
Does anyone have any theory as to why we've stopped at 112-114?
Look at the ask bids 114-120. Bouncing between 14k-20k. Way too many coins for a $6 span. Unless someone drops 2M we're not going up for the time being. |
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sohd
Newbie
Offline
Activity: 42
Merit: 0
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May 08, 2013, 09:39:01 PM |
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Rampion
Legendary
Offline
Activity: 1148
Merit: 1018
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May 08, 2013, 09:40:09 PM |
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Push the buying...this will fall like crazy!
113 now... Nothing to push it up. BTC has lost the faith at higher prices.
We want a stable currency not a crazy one.
Let it go down and it will be stable then.
It is stabilizing, right where we are. You might say that BTC has gained the faith at any lower prices. It's called consolidation. If bid sum was falling during consolidation, then we would see a breakout downwards. It has however been rising. More likely to breakout upwards, only there is no way to know. I am still not all in . . . There is way too much support growing to ever see the prices you seem to want. The only reason to want the price down is so that you can buy in, and then what? Celebrate when it goes up 150%? It makes more sense that you buy in now, and gain 150% from here, and it would be better for BTC if you buy in now and "only" realize a 50% increase. If BTC goes down as much as you want, it will do anything but stabilize. Good points And yeah, he wants the price to go down so he can buy more, that's what I'm saying: bulls disguised as bears everywhere  |
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SAQ
Newbie
Offline
Activity: 56
Merit: 0
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May 08, 2013, 09:43:30 PM |
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I can see dry paint.
Does anyone have any theory as to why we've stopped at 112-114?
Look at the ask bids 114-120. Bouncing between 14k-20k. Way too many coins for a $6 span. Unless someone drops 2M we're not going up for the time being. I guess you're probably right, but 6k isn't that much. The bid sum has just touched the ask sum, might be crossing any time now. We should be at least at 117-118. The volume is almost half of what it was during the weekend though. |
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Rampion
Legendary
Offline
Activity: 1148
Merit: 1018
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May 08, 2013, 09:46:48 PM |
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Richy_T
Legendary
Offline
Activity: 2436
Merit: 2120
1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
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May 08, 2013, 09:46:57 PM |
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Anyone care to make a Coinageddon countdown timer?
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SAQ
Newbie
Offline
Activity: 56
Merit: 0
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May 08, 2013, 09:48:00 PM |
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3 million downloads https://i.imgur.com/8IZehaV.pngDoes that mean there are at least 2 million bitcoiners? So if we average that, everyone has put in 500 dollars into bitcoin, giving it a current market cap of 1 billion. |
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teletobi
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May 08, 2013, 09:51:28 PM |
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3 million downloads  Does that mean there are at least 2 million bitcoiners? So if we average that, everyone has put in 500 dollars into bitcoin, giving it a current market cap of 1 billion. The only white Flag in the Middle of Africa? |
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Odalv
Legendary
Offline
Activity: 1400
Merit: 1000
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May 08, 2013, 09:51:50 PM |
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Push the buying...this will fall like crazy!
113 now... Nothing to push it up. BTC has lost the faith at higher prices.
We want a stable currency not a crazy one.
Let it go down and it will be stable then.
It is stabilizing, right where we are. You might say that BTC has gained the faith at any lower prices. It's called consolidation. If bid sum was falling during consolidation, then we would see a breakout downwards. It has however been rising. More likely to breakout upwards, only there is no way to know. I am still not all in . . . There is way too much support growing to ever see the prices you seem to want. The only reason to want the price down is so that you can buy in, and then what? Celebrate when it goes up 150%? It makes more sense that you buy in now, and gain 150% from here, and it would be better for BTC if you buy in now and "only" realize a 50% increase. If BTC goes down as much as you want, it will do anything but stabilize. Good points And yeah, he wants the price to go down so he can buy more, that's what I'm saying: bulls disguised as bears everywhere Who panic buy the first panic buy the best. :-) Who dump the first dump the best. :-) No one knows what to do, but every wants to be rich tomorrow. Manipulation works (hypnotized with $) => bitcoin PRICE now looks like bitcoin VALUE. |
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fitty
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May 08, 2013, 09:52:12 PM |
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I can see dry paint.
Does anyone have any theory as to why we've stopped at 112-114?
Look at the ask bids 114-120. Bouncing between 14k-20k. Way too many coins for a $6 span. Unless someone drops 2M we're not going up for the time being. I guess you're probably right, but 6k isn't that much. The bid sum has just touched the ask sum, might be crossing any time now. We should be at least at 117-118. The volume is almost half of what it was during the weekend though. Who is in a rush to drop half a million on bitcoins? Let them coin dump and fill your bids you end up with more coins. A lot of those coins were bought 98-110 and tossed up from 110-120. No one is in a rush to pay them off. No one wants to hold so its slow going up ATM. If I'm looking to buy in right now I'm waiting for a drop. Based on the last few weeks those come around a fair bit. |
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Rampion
Legendary
Offline
Activity: 1148
Merit: 1018
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May 08, 2013, 09:52:17 PM |
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BTC14.64k wall at $120 seems quite solid. It doesn't look like it's crumbling easily
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solex
Legendary
Offline
Activity: 1078
Merit: 1002
100 satoshis -> ISO code
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May 08, 2013, 09:52:39 PM |
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I can see dry paint.
Does anyone have any theory as to why we've stopped at 112-114?
Look at the ask bids 114-120. Bouncing between 14k-20k. Way too many coins for a $6 span. Unless someone drops 2M we're not going up for the time being. Indeed. This was my bold prediction - with some maths to back it up instead of the usual arm-waving... https://bitcointalk.org/index.php?topic=178336.msg2030976#msg2030976 |
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Rampion
Legendary
Offline
Activity: 1148
Merit: 1018
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May 08, 2013, 09:54:47 PM |
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I can see dry paint.
Does anyone have any theory as to why we've stopped at 112-114?
Look at the ask bids 114-120. Bouncing between 14k-20k. Way too many coins for a $6 span. Unless someone drops 2M we're not going up for the time being. I guess you're probably right, but 6k isn't that much. The bid sum has just touched the ask sum, might be crossing any time now. We should be at least at 117-118. The volume is almost half of what it was during the weekend though. Who is in a rush to drop half a million on bitcoins? Let them coin dump and fill your bids you end up with more coins. A lot of those coins were bought 98-110 and tossed up from 110-120. No one is in a rush to pay them off. No one wants to hold so its slow going up ATM. If I'm looking to buy in right now I'm waiting for a drop. Based on the last few weeks few years those come around a fair bit. Let me correct that for you |
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SAQ
Newbie
Offline
Activity: 56
Merit: 0
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May 08, 2013, 10:04:36 PM |
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I can see dry paint.
Does anyone have any theory as to why we've stopped at 112-114?
Look at the ask bids 114-120. Bouncing between 14k-20k. Way too many coins for a $6 span. Unless someone drops 2M we're not going up for the time being. Indeed. This was my bold prediction - with some maths to back it up instead of the usual arm-waving... https://bitcointalk.org/index.php?topic=178336.msg2030976#msg2030976You're not suggesting we've reached saturation? |
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