ChartBuddy
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Merit: 1805
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July 17, 2013, 04:01:59 AM |
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MikeH
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July 17, 2013, 05:51:34 AM |
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This year (2013) aprox. BTC1,312,500 will be minted, those are being added to the BTC10,500,000 minted until the end of 2012, so at the end of the year you will have around BTC11,812,500
That's a yearly inflation of 12.5%
negated by new people entering bitcoin. |
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Voodah
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July 17, 2013, 07:52:13 AM |
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Bearish seems off the mark. Too predictable. I expect slow steady increase into the hundred, then 110+ in about 2 weeks, then fall to 105 and we never fall below 99 again.
Why?
Explaining yourself is for pussies.
I like your style.  lol - this forum is full of great big hairy ones because that's all anyone ever does here. Yup. I'd like to see a lot more TA and a lot less of this. |
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Traktion
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July 17, 2013, 08:03:53 AM |
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The 2011 bear market was not caused by the bubble pop. I was there, the situation today is profoundly different, you'll have to take my word for it I do not have the time to go in to detail.
Its going up to 180 before we see any dumps worth talking about, I have no doubt.
You said that before the last dump too!  |
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molecular
Donator
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Activity: 2772
Merit: 1019
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July 17, 2013, 08:37:55 AM |
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Bernank is going to utter some words today I hear (when?)... I bet stuff will move then.
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cosmicblue
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July 17, 2013, 09:07:34 AM |
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Bernank is going to utter some words today I hear (when?)... I bet stuff will move then.
I hope so! Its boring to watch the 99 up&down for 3 days. |
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Rampion
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Activity: 1148
Merit: 1018
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July 17, 2013, 09:25:57 AM |
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Quietly sitting on the 100 day EMA after rebounding on the 200 day EMA. It feels like the quite before the storm. Not so many negative signs as before the bounce, that bounce was on relatively high volume and there's still people willing to buy. I wonder how much is the withdrawal problem affecting the price - I'd say quite a lot.   |
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Traktion
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July 17, 2013, 11:19:03 AM |
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Quietly sitting on the 100 day EMA after rebounding on the 200 day EMA.
It feels like the quite before the storm. Not so many negative signs as before the bounce, that bounce was on relatively high volume and there's still people willing to buy. I wonder how much is the withdrawal problem affecting the price - I'd say quite a lot.
...
http://www.bitcoincharts.com/markets/mtgoxUSD.htmlLooking at a 60 day chart (in reference to previous charts), it looks very much like we've just passed the peak of this cycle. I suspect momentum will gather for downward price pressure from here. |
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only
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July 17, 2013, 12:24:38 PM |
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A friendly reminder from a 2011 survivor.   |
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01BTC10
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Hero Member
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Activity: 756
Merit: 503
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July 17, 2013, 02:24:09 PM |
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Gox 98 and Bitstamp hit 89  People cashing out from Gox and selling on Bitstamp? Must be painful... |
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fr33d0miz3r
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July 17, 2013, 02:41:02 PM |
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We have the new downtrend, guys. 3 connections  |
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Spaceman_Spiff
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Merit: 1001
₪``Campaign Manager´´₪
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July 17, 2013, 02:45:14 PM |
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We have the new downtrend, guys.
3 connections
It's not down yet... (might well be so in the near future), but you shouldnt sell your chickens before they hatch. |
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Loozik
Sr. Member
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Activity: 378
Merit: 250
Born to chew bubble gum and kick ass
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July 17, 2013, 02:50:03 PM |
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We have the new downtrend, guys.
Why ''new''? There is an already well-established (therefore old) mid-term downtrend (in my opinion). |
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fr33d0miz3r
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July 17, 2013, 02:50:43 PM |
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We have the new downtrend, guys.
3 connections
It's not down yet... (might well be so in the near future), but you shouldnt sell your chickens before they hatch. So I shouldn't sell my bitcoins before the price falling?  |
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Rampion
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Activity: 1148
Merit: 1018
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July 17, 2013, 02:52:40 PM |
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Gox 98 and Bitstamp hit 89 People cashing out from Gox and selling on Bitstamp? Must be painful... Well, it looks like that is what is happening. Plus, the fact that Roger Ver uploads today an utterly stupid youtube video in which he repeats like a muppet that the delays are caused by "the traditional banking system inability to keep up with the demands of the growing Bitcoin economy" (literally) just makes it FUCKING WORSE. WTF? Who they want to fool? I don't fear MtGox going broke because of fractional reserve and whatnot, but "the demands of the growing Bitcoin economy" its obviously NOT the problem, WTF are they hiding? That their banks won't deal with Bitcoin businesses anymore and they are struggling to find any bank that do want to work with them? That some of their funds are being freezed and investigated by their banks? What the hell is going on with these guys? For the ones who missed the video: https://www.youtube.com/watch?v=UP1YsMlrfF0&feature=c4-overview&list=UUZyrn1awtEVne0bdryfuI6AReally can't cope will all these amateurish sh*t.  |
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jbcv
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Activity: 22
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July 17, 2013, 02:57:06 PM |
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do people think this Bernanke speech will have any effect on the exchange? also where is it possible to watch online?
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ChartBuddy
Legendary
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Activity: 2352
Merit: 1805
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July 17, 2013, 03:01:59 PM |
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Richy_T
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Activity: 2604
Merit: 2321
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July 17, 2013, 03:18:39 PM |
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do people think this Bernanke speech will have any effect on the exchange? also where is it possible to watch online?
I don't thing he's going to announce anything outrageous (just "We're still going to keep stealing your savings at the same rate") so no effect. |
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jbcv
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July 17, 2013, 03:37:24 PM |
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