windjc
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Activity: 2156
Merit: 1070
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October 30, 2013, 03:31:13 AM |
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 Bears got a shot here, maybe. What do you think?  Re: our last exchange, I see what you are saying about speculators and think you could be correct to some point. See, we didn't disagree as much as we initially thought. Regarding this chart, I definitely think the bears have a chance. I think we have a lot of resistance right now all the way up to 233. If we can even get close to 233 in the next couple of weeks we will have major resistance there. And if we clear that, we will have major resistance at 266. We have come a long way in the last month ($100+ since low) and I think there is a lot of reason to suspect that we don't go much higher or to an ATH until 2014. The holidays are coming, which means less $$ invested in markets and more money invested in gifts/shopping for the kids and family. A new year normally always brings more confidence and a renewed since of optimism in people's lives and often to markets. I would bet we don't end the year more than $20 up or down from where we are today. And barring really bad news (which I must admit, knock on wood, seems to be getting less and less a concern of mine with the spread of bitcoin mania) I think we will make a push for a major run up in the first quarter of 2014. |
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hmmmstrange
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October 30, 2013, 03:42:05 AM |
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What's up with all the negative comments on cbc? Seems a lot of people in canada are scared of bitcoin. |
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chriswilmer
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Activity: 1008
Merit: 1000
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October 30, 2013, 03:49:13 AM |
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What's up with all the negative comments on cbc? Seems a lot of people in canada are scared of bitcoin. I think it's because the Bitcoin concept appeals more easily to those who are at least a bit distrustful of their government. Say what you want about Americans, but I think they have a healthy distrust of their government, whereas Canadians are much more supportive (and relatively less supportive of free enterprise). I am a Canadian, and I'm sorry. |
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mccorvic
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October 30, 2013, 03:54:58 AM |
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What's up with all the negative comments on cbc? Seems a lot of people in canada are scared of bitcoin. If you are honest with yourself and someone came up to you and told you about this digital money that can equal a bazillion percent increase in value wouldn't YOU be skeptical? Add that with the brain filter removing property of the Internet and you have every comment on a bitcoin article ever. |
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ChartBuddy
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Activity: 2170
Merit: 1776
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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October 30, 2013, 04:02:34 AM |
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ChartBuddy
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Activity: 2170
Merit: 1776
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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October 30, 2013, 05:02:25 AM |
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dillpicklechips
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October 30, 2013, 05:47:20 AM |
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I am a Canadian, and I'm sorry.
Checks out, he is Canadian! |
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MAbtc
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October 30, 2013, 05:55:06 AM |
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MikeH
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October 30, 2013, 05:59:12 AM |
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is it dump o'clock yet?
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ChartBuddy
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Activity: 2170
Merit: 1776
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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October 30, 2013, 06:02:27 AM |
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Adrian-x
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Activity: 1372
Merit: 1000
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October 30, 2013, 06:16:49 AM |
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I am a Canadian, and I'm sorry.
Checks out, he is Canadian! I'm Canadian too, unless that's a problem... most knowledgeable folk who have a great public sector job when discussing Bitcoin are invested in the current system. They want there house to maintain or increase in value, they think we're in a tight spot and QE and Canada's "Action Plan" stimulus is working out. They don't understand what backs Bitcoin and when I point out it's backed by whatever I'm or anyone else is voluntarily willing to trade for it they quit talking about it and end off with the "I just don't know" ultimately it depends who you talk to. I'm hoping the media sparks more in-depth research. |
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inbox
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October 30, 2013, 06:21:12 AM |
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The atm machine is actually using bitstamp as their exchange as cavirtex was unresponsive. |
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dillpicklechips
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October 30, 2013, 06:28:39 AM |
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I am a Canadian, and I'm sorry.
Checks out, he is Canadian! lol, check on what everyone says? Just that as a Canadian they stereotypical say sorry. That's all I was saying. |
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Adrian-x
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Activity: 1372
Merit: 1000
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October 30, 2013, 06:37:56 AM |
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I am a Canadian, and I'm sorry.
Checks out, he is Canadian! lol, check on what everyone says? Just that as a Canadian they stereotypical say sorry. That's all I was saying. they are known for being polite  And if you ask a question they will always preface it with "I think" even when they are 100% sure.r |
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lebing
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Activity: 1288
Merit: 1000
Enabling the maximal migration
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October 30, 2013, 06:41:38 AM |
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 bam |
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ChartBuddy
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Activity: 2170
Merit: 1776
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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October 30, 2013, 07:02:21 AM |
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MAbtc
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October 30, 2013, 07:03:43 AM |
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Is Gox frozen or something? I see like 2 or 3 trades in the last half hour. Site seems up though.
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molecular
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Activity: 2772
Merit: 1019
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October 30, 2013, 07:06:28 AM |
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[img width]https://i.imgur.com/HHJa7aO.png[/img]
bam
well, this might be distorted... there was a post on reddit and subsequent editing of the article. So it received more attention. Probably doesn't reflect an equal increase of public interest in bitcoin. |
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molecular
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Merit: 1019
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October 30, 2013, 07:07:05 AM |
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rpietila
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Activity: 1722
Merit: 1036
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October 30, 2013, 07:22:15 AM |
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They don't understand what backs Bitcoin and when I point out it's backed by whatever I'm or anyone else is voluntarily willing to trade for it they quit talking about it and end off with the "I just don't know" ultimately it depends who you talk to.
I'm hoping the media sparks more in-depth research.
Perhaps the bitcoin distribution model is carefully designed to retain the coins in hands of the intelligent, the honest and the simple: - intelligent hear about it first and being relatively rich and/or tech-savvy, can acquire many - honest have distrust and disdain towards fiat, so convert to bitcoin easily and have no urge to sell - simple see that others have become rich and just imitate them by buying and holding. |
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