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Pruden
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March 22, 2014, 12:54:27 PM |
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Any longtimer here who wants to escrow a bet?
I can manage that if you want. Let's do it then.  |
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According to NIST and ECRYPT II, the cryptographic algorithms used in
Bitcoin are expected to be strong until at least 2030. (After that, it
will not be too difficult to transition to different algorithms.)
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Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
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Cyberlight
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March 22, 2014, 12:55:23 PM |
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This is a bubble
Better buy some premined centralized scamcoin. |
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mah87
Donator
Hero Member
 Offline
Activity: 756
Merit: 500
-Bitcoin & Ripple-
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March 22, 2014, 12:56:00 PM |
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This is a bubble
Better buy some scamcoin. Better sell everything, willing to buy a miner ? 1.4ths ? |
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Spaceman_Spiff
Legendary
Offline
Activity: 1638
Merit: 1001
₪``Campaign Manager´´₪
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March 22, 2014, 12:59:13 PM |
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Any longtimer here who wants to escrow a bet?
I can manage that if you want. Let's do it then. ok, bet is on. How exciting  . |
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EvilPanda
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March 22, 2014, 01:00:22 PM |
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This feels like capitulation.
You can sense the despair on r/Bitcoin. the permabulls are starting to question themselves lol everywhere, on r/bitcoin r/bitcoinmarkets and on the speculation forum here Everybody's confused by what's happening, I certainly am. Don't you think this whole situation is stupid? Someone posts fake news on some Chinese blog, Chinese idiots panic, the rest of the exchanges follows, the news are confirmed to be fake, scared sheep keep selling... Meh.. https://www.tradingview.com/e/rnXhiGbH/Zoom out. Doesn't look bad from this perspective  Still, I don't get why people follow FUD. |
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ChartBuddy
Legendary
Offline
Activity: 2156
Merit: 1745
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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March 22, 2014, 01:02:15 PM |
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Spaceman_Spiff
Legendary
Offline
Activity: 1638
Merit: 1001
₪``Campaign Manager´´₪
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March 22, 2014, 01:04:15 PM |
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When's the end date, 1 week?
yes |
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hdbuck
Legendary
Offline
Activity: 1260
Merit: 1002
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March 22, 2014, 01:08:24 PM |
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When's the end date, 1 week?
yes lmao actually, given whats happening, you could call it a day |
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Spaceman_Spiff
Legendary
Offline
Activity: 1638
Merit: 1001
₪``Campaign Manager´´₪
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March 22, 2014, 01:11:03 PM |
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When's the end date, 1 week?
yes Ok, bitcoin price on bitstamp over $540 before 29th March 2014, 13.00 GMT. Eh, no bitcoin price on bitstamp below $530 before 29th March 2014, 13.00 GMT , for 0.5BTC. (with me saying it will go lower) |
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Spaceman_Spiff
Legendary
Offline
Activity: 1638
Merit: 1001
₪``Campaign Manager´´₪
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March 22, 2014, 01:19:21 PM |
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When's the end date, 1 week?
yes Ok, bitcoin price on bitstamp over $540 before 29th March 2014, 13.00 GMT. Eh, no bitcoin price on bitstamp below $530 before 29th March 2014, 13.00 GMT , for 0.5BTC. (with me saying it will go lower) Quoted. Und now we wait.... (my transaction went through as well) |
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NewLiberty
Legendary
Offline
Activity: 1204
Merit: 1002
Gresham's Lawyer
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March 22, 2014, 01:23:16 PM |
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This feels like capitulation.
You can sense the despair on r/Bitcoin. the permabulls are starting to question themselves lol everywhere, on r/bitcoin r/bitcoinmarkets and on the speculation forum here Everybody's confused by what's happening, I certainly am. Don't you think this whole situation is stupid? Someone posts fake news on some Chinese blog, Chinese idiots panic, the rest of the exchanges follows, the news are confirmed to be fake, scared sheep keep selling... Hackers sold at a higher price, and they now want the coins back. Will you give your bitcoins to them? This is not the first time, CNN had a news hack too. Remember this, July 1 2013? http://news.softpedia.com/news/CNN-s-Political-Ticker-Blog-Hacked-Fake-Bitcoin-Operator-Story-Published-364494.shtmlFake article was published Near the end of June, the low for the that whole inter-spike period was July 7. Since it worked so well last time, why not again. Buying between the fake article and when the rise starts again is about as good a deal as anyone can get. |
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JorgeStolfi
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March 22, 2014, 01:33:07 PM |
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Don't you think this whole situation is stupid?
Someone posts fake news on some Chinese blog, Chinese idiots panic, the rest of the exchanges follows, the news are confirmed to be fake, scared sheep keep selling...
Actually Huobi recovered nicely from the fake news dip; but it was in a descenting trend before that and it continued straight through the dip. Look at the blue dots in the left plot here: https://bitcointalk.org/index.php?topic=178336.msg5829697#msg5829697If that straight line keeps true, by tonight we should have around 3477 CNY = 566 USD. |
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billyjoeallen
Legendary
Offline
Activity: 1106
Merit: 1007
Hide your women
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March 22, 2014, 01:45:42 PM |
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to me, only question of time when 530 $ is breach.
then it will be panic time.
2000 coins on bitstamp before that. Single small buy and we shoot back up into the 580's and beyond. But yeah the chart looks bearish. Any sign of a turn and ill buy my next twenty coins. in a bear market? good luck! just place your bids low enough. dont fall in bull traps. This is not a bear market. We are still up 40% from the 400 low. |
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magicmexican
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March 22, 2014, 01:52:05 PM |
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bears running out of bullets or taking a break?  |
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roslinpl
Legendary
Offline
Activity: 2212
Merit: 1199
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March 22, 2014, 01:52:14 PM |
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to me, only question of time when 530 $ is breach.
then it will be panic time.
2000 coins on bitstamp before that. Single small buy and we shoot back up into the 580's and beyond. But yeah the chart looks bearish. Any sign of a turn and ill buy my next twenty coins. in a bear market? good luck! just place your bids low enough. dont fall in bull traps. This is not a bear market. We are still up 40% from the 400 low. Indeed we are but perhaps not all of us can see that :-) Price is still very nice just not so nice as it was three months ago :-) |
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GameStarter
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March 22, 2014, 01:57:38 PM |
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bears running out of bullets or taking a break? they just let bid side rebuild before another dump/ |
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Nightowlace
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March 22, 2014, 02:00:40 PM |
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As bitcoin grows so does the intelligence of the trading community. The "news" while still effecting the price does not have as much impact as it once did. I remember a time when that kind of news would have caused a 50-70% panic dip, now not so much.
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JorgeStolfi
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March 22, 2014, 02:01:25 PM |
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PS. My tentative explanation for the descending trend is that short-term speculators (especially in China) are becoming tired of bitcoin. That is understandable, because its price is too unpredictable (they cannot guess where the crashes or rallies will end up, and whether they will have a permanent effect) and generally descending (meaning that losing money is much easier than winning some). So those speculators are gradually cashing out, usually at a loss, and leaving the market; and not enough new investors are coming in. Same number of coins in the market, less money = lower price. If the investment funds were buying, that could be propping the price up. But with falling BTC price those funds are unattractive, and may start soon (or may already be) selling some of their coins, if investors chose to jump out. SecondMarket's Bitcoin Investment Trust (BIT) for example was supposed to "start liquidity no later than March 2014". https://bitcointalk.org/index.php?topic=337486.msg3620842#msg3620842 |
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fonzie
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March 22, 2014, 02:01:34 PM |
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Fuck me, i blame it on those 350ug acid tabs, but i´m feelin bullish for BTC again. I hope i won´t get burned for all that love about BTC(price). Just bought 30 new coins. If we go below 490$ i will never post again, promised. |
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chesthing
Legendary
Offline
Activity: 1414
Merit: 1000
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March 22, 2014, 02:08:41 PM |
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Fuck me, i blame it on those 350ug acid tabs, but i´m feelin bullish for BTC again. I hope i won´t get burned for all that love about BTC(price). Just bought 30 new coins. If we go below 490$ i will never post again, promised. Your kidding right? a collapse now into the $100s would be the ultimate irony lol. |
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