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Vigil
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November 23, 2013, 03:23:40 PM |
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All people calling bitcoin a tulip craze don't realize that one of the main differences between both phenomenons is that the tulip craze was not supported by a worldwide digital platform called the internet. I mean the internet seems to be causing a qualitative effect on several phenomenons once they reach a quantitative peak thanks to the ease of interaction the internet provides. Look at the Arab spring, what seemed like a regular discontent or protest that wouldn't achieve much managed to topple whole governments. In my opinion this day and age we are witnessing very nice examples on how quantitative changes lead to qualitative ones thanks to the internet. So trying to predict what will happen to bitcoin using a phenomenon which happened centuries ago without having something like the internet to support it is not very accurate IMO.
Don't overcomplicate things. Tulips are useless. Tulips are not useless, they might not be a good currency but they can be a store of value, nobody has control over your Tulips but you They die and are pretty-much useless. |
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Mirsad
Full Member
 Offline
Activity: 140
Merit: 100
Bitcoin - love & hate
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November 23, 2013, 03:24:24 PM |
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W forming at GOX 3m Chart.
Beware. This is a risky signal.
Dump @ 840. 845-850 will be the peak.
Bottom @ 795-805
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gandhibt
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November 23, 2013, 03:25:05 PM |
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Bitstamp down once again, when there will be an exchange that cares about their long-time brand? Maybe bitcoin is shown us now that it has power to stay here awhile, maybe that will courage entrepreneurs to really make an exchange that doesn't fuck things up, at least nearly ever.
Well, if you're a US player (like me), then set your sights on Coinsetter (which currently accepts coins only), and Kraken (which is hoping to have their CA money transmitter license by JAN, as per an email to their support this week)! I think we've see the days of arbitrage, and they are coming to and end, and hopefully we are about to see the end of bad exchanges. The market's getting better.  I'm not from US, but I have followed krakens development. |
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ardana123
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November 23, 2013, 03:25:26 PM |
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W forming at GOX 3m Chart.
Beware. This is a risky signal.
Sell everything. |
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windjc
Legendary
Offline
Activity: 2156
Merit: 1070
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November 23, 2013, 03:26:41 PM |
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All people calling bitcoin a tulip craze don't realize that one of the main differences between both phenomenons is that the tulip craze was not supported by a worldwide digital platform called the internet. I mean the internet seems to be causing a qualitative effect on several phenomenons once they reach a quantitative peak thanks to the ease of interaction the internet provides. Look at the Arab spring, what seemed like a regular discontent or protest that wouldn't achieve much managed to topple whole governments. In my opinion this day and age we are witnessing very nice examples on how quantitative changes lead to qualitative ones thanks to the internet. So trying to predict what will happen to bitcoin using a phenomenon which happened centuries ago without having something like the internet to support it is not very accurate IMO.
Don't overcomplicate things. Tulips are useless. Tulips are not useless, they might not be a good currency but they can be a store of value, nobody has control over your Tulips but you They die and are pretty-much useless. Well that's kinda negative, don't you think? I mean they're not totally useless. They make a decent center piece from time to time don't you think? |
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oda.krell
Legendary
Offline
Activity: 1470
Merit: 1007
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November 23, 2013, 03:27:50 PM |
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Bitstamp down once again, when there will be an exchange that cares about their long-time brand? Maybe bitcoin is shown us now that it has power to stay here awhile, maybe that will courage entrepreneurs to really make an exchange that doesn't fuck things up, at least nearly ever.
EDIT. I'm not trading these little dips and I don't think this will bring us more down, but it still isn't acceptable to go to your knees every time someone sells few coins...
Shameless plug for my 'Let Bitstamp know they're starting to suck as bad as mtgox' thread.Unsatisfied Bitstamp users, add your opinion, if you can spare a minute. |
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windjc
Legendary
Offline
Activity: 2156
Merit: 1070
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November 23, 2013, 03:28:06 PM |
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W forming at GOX 3m Chart.
Beware. This is a risky signal.
Dump @ 840. 845-850 will be the peak.
Bottom @ 795-805
If the bottom is $795, where is the risk? I'm holding till the moon! Or to at least $912.43 |
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Ivanhoe
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November 23, 2013, 03:28:13 PM |
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All people calling bitcoin a tulip craze don't realize that one of the main differences between both phenomenons is that the tulip craze was not supported by a worldwide digital platform called the internet. I mean the internet seems to be causing a qualitative effect on several phenomenons once they reach a quantitative peak thanks to the ease of interaction the internet provides. Look at the Arab spring, what seemed like a regular discontent or protest that wouldn't achieve much managed to topple whole governments. In my opinion this day and age we are witnessing very nice examples on how quantitative changes lead to qualitative ones thanks to the internet. So trying to predict what will happen to bitcoin using a phenomenon which happened centuries ago without having something like the internet to support it is not very accurate IMO.
Don't overcomplicate things. Tulips are useless. Tulips are not useless, they might not be a good currency but they can be a store of value, nobody has control over your Tulips but you You might want to read up again on the Tulip mania. Tulips have more resembling with art then with gold and silver, and thus their price behavior. Tulips are infinite remember? |
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Wekkel
Legendary
Offline
Activity: 3108
Merit: 1531
yes
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November 23, 2013, 03:30:05 PM |
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W forming at GOX 3m Chart.
Beware. This is a risky signal.
Sell everything. I appreciate your efforts, but somehow it's not the same old Warislaw... |
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mb300sd
Legendary
Offline
Activity: 1260
Merit: 1000
Drunk Posts
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November 23, 2013, 03:30:08 PM |
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I see single digits in out near future...... for mBTC!
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kurious
Legendary
Offline
Activity: 2590
Merit: 1643
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November 23, 2013, 03:31:06 PM |
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Bitstamp down once again, when there will be an exchange that cares about their long-time brand? Maybe bitcoin is shown us now that it has power to stay here awhile, maybe that will courage entrepreneurs to really make an exchange that doesn't fuck things up, at least nearly ever.
EDIT. I'm not trading these little dips and I don't think this will bring us more down, but it still isn't acceptable to go to your knees every time someone sells few coins...
Shameless plug for my 'Let Bitstamp know they're starting to suck as bad as mtgox' thread.Unsatisfied Bitstamp users, add your opinion, if you can spare a minute. Will do - thoroughly tired of the erratic exchange access - it's a 24 hour volatile market and have been for a long time, surely right now they ought to be able to cope. |
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ardana123
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November 23, 2013, 03:31:46 PM |
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W forming at GOX 3m Chart.
Beware. This is a risky signal.
Sell everything. I appreciate your efforts, but somehow it's not the same old Warislaw... I'll turn my avatar upside down, will that work for you? |
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Wekkel
Legendary
Offline
Activity: 3108
Merit: 1531
yes
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November 23, 2013, 03:32:53 PM |
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W forming at GOX 3m Chart.
Beware. This is a risky signal.
Sell everything. I appreciate your efforts, but somehow it's not the same old Warislaw... I'll turn my avatar upside down, will that work for you? Better, much better  |
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SnowMonkey_CG
Newbie
Offline
Activity: 38
Merit: 0
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November 23, 2013, 03:35:12 PM |
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Gox ahead of Stamp again. Back in the comfort zone.
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Spaceman_Spiff
Legendary
Offline
Activity: 1638
Merit: 1001
₪``Campaign Manager´´₪
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November 23, 2013, 03:35:38 PM |
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Tulips are not useless, they might not be a good currency but they can be a store of value, nobody has control over your Tulips but you
*facepalm* |
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ErisDiscordia
Legendary
Offline
Activity: 1133
Merit: 1163
Imposition of ORder = Escalation of Chaos
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November 23, 2013, 03:36:09 PM |
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Tulips are not useless, they might not be a good currency but they can be a store of value, nobody has control over your Tulips but you
I wonder what happened to your "BTC value is 90% Silk Road" mantra |
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Miz4r
Legendary
Offline
Activity: 1246
Merit: 1000
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November 23, 2013, 03:38:10 PM |
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Gox ahead of Stamp again. Back in the comfort zone.
Actually their price is pretty much equal now. Bitcoinwisdom is still showing the bitstamp price of 20 mins ago. |
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Xendrios
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November 23, 2013, 03:42:57 PM |
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Gox ahead of Stamp again. Back in the comfort zone.
Actually their price is pretty much equal now. Bitcoinwisdom is still showing the bitstamp price of 20 mins ago. I believe bitstamp API is down? at least for me it seems to be... I hope I'm not banned or something. |
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Nemesis
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November 23, 2013, 03:44:39 PM |
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I feel bad for the suckers that got slaughtered again. |
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Vigil
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November 23, 2013, 03:44:51 PM |
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Gox ahead of Stamp again. Back in the comfort zone.
Actually their price is pretty much equal now. Bitcoinwisdom is still showing the bitstamp price of 20 mins ago. I believe bitstamp API is down? at least for me it seems to be... I hope I'm not banned or something. It seems like Gox is down too |
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