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Nemesis
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November 19, 2013, 04:56:22 PM |
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We will see $1000 gox in less than a week. Maybe 48 hours.
$400 gox never again
Choo choo mfs
FUCK YEAH..... you and me buddy we can ride the rocket and left all these noobs behind! |
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gizmoh
Legendary
 Offline
Activity: 1428
Merit: 1000
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November 19, 2013, 04:56:39 PM |
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I agree this price cannot be sustained. No level headed investor is going to buy in at the top of a huge rally like this. Investing 101 says buy low and sell high, and most investors realize this. They are not going to continue to dump money into it on a huge upswing like this. It has gone up way too high & too fast to be sustained.
I would be very surprised not to see a flash crash down to the $300-$400 range this week. I expect this to happen any moment now. You can already see the market adjusting, but I doubt it will stop at $560. Even at $560 it's gone up too high & too fast to be sustained. Sorry bulls, but Bitcoin is not ready to be steady at >$550 just yet. This is just the middle of yet another bubble... this is not the first and it will not be the last.
/speculation
This is price DISCOVERY: it started at $0.1 and went to $2. This is huge upswing of 200x, you don't consider that unsustainable? then from $2 to $32 then to $266 now to $900 See the pattern, This is adoption rate, as more people join in, the higher the price. With the press and govt. meeting and legitimizing bitcoin, I Will sell at $3,000 early next year. Just like $900 seemed 'out-of-your-mind' few weeks back |
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adamstgBit
Legendary
Offline
Activity: 1904
Merit: 1037
Trusted Bitcoiner
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November 19, 2013, 04:57:04 PM |
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holy volatility! day traders must be losing money faster then they can print it  |
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Parazyd
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November 19, 2013, 04:57:52 PM |
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I'm so happy about this! I love Bitcoin! |
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NewLiberty
Legendary
Offline
Activity: 1204
Merit: 1002
Gresham's Lawyer
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November 19, 2013, 04:58:02 PM |
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Ready to go lower anyone?  Charts look like the trend is somehow in the other direction as yesterday/week.  ZOMG, glad my bitcoinreminder woke me up. Hope the west coasters are awake somehow. edit: Not that anyone should care, but my charts say this (595) is just the dead cat bounce... yuck, guts. Get new charts, and a sextent. And a first mate. |
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seleme
Legendary
Offline
Activity: 2772
Merit: 1028
Duelbits.com
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November 19, 2013, 04:58:52 PM |
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Shook a sleep from my eyes and when I woke up hour and half later Bitcoin is 150 up.  |
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mccorvic
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November 19, 2013, 04:59:04 PM |
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Die my friends!
- mccorvic
You still keeping track of the pizza roll index? |
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bitjoint
Sr. Member
Offline
Activity: 333
Merit: 250
Commander of the Hodl Legions
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November 19, 2013, 04:59:07 PM |
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Guys, is yesterday's hearing continuing today?
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Finski
Newbie
Offline
Activity: 23
Merit: 1
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November 19, 2013, 04:59:47 PM |
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Die my friends!
- mccorvic
Would you by chance be working for a tabloid? You evidently have all the required skillz..  |
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jatajuta
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November 19, 2013, 04:59:58 PM |
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Guys, is yesterday's hearing continuing today?
3:30 pm Eastern Time |
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CoinHoarder
Legendary
Offline
Activity: 1484
Merit: 1026
In Cryptocoins I Trust
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November 19, 2013, 05:00:04 PM |
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This is price DISCOVERY:
it started at $0.1 and went to $2. This is huge upswing of 200x, you don't consider that unsustainable?
then from $2 to $32
then to $266
now to $900
See the pattern, This is adoption rate, as more people join in, the higher the price.
With the press and govt. meeting and legitimizing bitcoin, I Will sell at $3,000 early next year. Just like $900 seemed 'out-of-your-mind' few weeks back
I very well could be wrong, it is just my opinion of what will happen. Only time will tell though, you bulls could very well be right. |
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adamstgBit
Legendary
Offline
Activity: 1904
Merit: 1037
Trusted Bitcoiner
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November 19, 2013, 05:00:12 PM |
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Guys, is yesterday's hearing continuing today?
what I wasnt told about this>? |
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Nemesis
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November 19, 2013, 05:00:22 PM |
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Nemesis
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November 19, 2013, 05:00:46 PM |
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Guys, is yesterday's hearing continuing today?
what I wasnt told about this>? DHS hearing today. |
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CoinHoarder
Legendary
Offline
Activity: 1484
Merit: 1026
In Cryptocoins I Trust
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November 19, 2013, 05:01:31 PM |
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Guys, is yesterday's hearing continuing today?
3:30 pm Eastern Time On cspan3 again? |
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ChartBuddy
Legendary
Offline
Activity: 2170
Merit: 1776
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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November 19, 2013, 05:01:35 PM |
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HeRetiK
Legendary
Offline
Activity: 2926
Merit: 2091
Cashback 15%
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November 19, 2013, 05:01:47 PM |
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It is sad, that bitcoin users might destroy bitcoins with this bullshit. If you want to have a worldwide currency, that is actually USED, you will need better infrastructure than a C64. Decentralised doesn't mean you can use your gameboy. 1 mb is definitely to small. Look at the visa transactions. And we will need a change soon. Or the dream will be over faster than you think. I don't quite get the argument either. -) How would increasing the blocksize to, say, 2mb, force the Blockchain into datacenters? Storage space for running a full node is of the least concern. -) Offchain transactions need centralized entities, the very opposite of keeping Bitcoin decentralized. Maybe I'm overlooking something, but the only potential problem I see with larger blocksizes is possible delays in block propagation. Not sure how much this would be an issue though. I'm willing to learn if I missed something tough. |
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hlynur
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November 19, 2013, 05:01:51 PM |
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il_minatore
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November 19, 2013, 05:02:24 PM |
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bitstamp locked the market?  |
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jatajuta
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November 19, 2013, 05:02:30 PM |
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Guys, is yesterday's hearing continuing today?
3:30 pm Eastern Time On cspan3 again? yep |
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