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JorgeStolfi
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March 24, 2014, 08:27:31 PM |
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I just rubbed it in my local grocer's face that I no longer consider myself a lifetime Gold member of their establishment because [ .. ] they ignored my request to add Bitcoin.
There, I found another reason to be skeptic about the success of bitcoin: bitcoiners will shop at Walmart instead of at their local grocer, therefore they will eat less healthy food, therefore the genetic predisposition to believe in privately issued cryptocurrencies will soon be weeded out of mankind's gene pool by natural selection.  |
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chessnut
Legendary
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Activity: 924
Merit: 1001
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March 24, 2014, 08:37:06 PM |
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>>>> $600 train, ALL ABOARD!
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billyjoeallen
Legendary
Offline
Activity: 1106
Merit: 1007
Hide your women
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March 24, 2014, 08:41:15 PM |
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I just rubbed it in my local grocer's face that I no longer consider myself a lifetime Gold member of their establishment because [ .. ] they ignored my request to add Bitcoin.
There, I found another reason to be skeptic about the success of bitcoin: bitcoiners will shop at Walmart instead of at their local grocer, therefore they will eat less healthy food, therefore the genetic predisposition to believe in privately issued cryptocurrencies will soon be weeded out of mankind's gene pool by natural selection. Natural selection takes eons before you see effects. Multiple generations. Walmart stock and profits are doing just fine. If Bitcoin does half as well, I'll sire a few litters of bastards to pass on my genes before I die anyway. Bitchez love guys with money, even if you don't spend it on them. http://orymh.bandcamp.com/track/the-bitcoin-rally-song |
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cbutters
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March 24, 2014, 08:41:57 PM |
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580 about to get eaten !  I think its about to go vertical. |
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ErisDiscordia
Legendary
Offline
Activity: 1133
Merit: 1163
Imposition of ORder = Escalation of Chaos
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March 24, 2014, 08:42:56 PM |
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Interesting discovery we just made in Risto's thread: price action seems to grow with (proxies for) the square of the number of users, as per Metcalfe's law.
What would be the current price projection based on this model? I admit this is indeed a pretty interesting fit! |
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chessnut
Legendary
Offline
Activity: 924
Merit: 1001
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March 24, 2014, 08:53:37 PM |
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We are currently experiencing overwhelming profits on long positions but advise all traders to remain calm and HODL.
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GaliX
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March 24, 2014, 08:54:51 PM |
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Does anybody else consider moving to Kraken because of the recent Proof of Reserves?
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lemonte
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March 24, 2014, 08:58:24 PM |
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Does anybody else consider moving to Kraken because of the recent Proof of Reserves?
Signed up today and had a look at it, platform seems really nice and professional. Not traded on it yet, but plan to soon. |
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BubbaGumpShrimpinBoatCapn
Newbie
Offline
Activity: 32
Merit: 0
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March 24, 2014, 08:59:35 PM |
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This looks like a bulltrap mixed with scores of misplaced optimism/desperation.
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ChartBuddy
Legendary
Offline
Activity: 2618
Merit: 2292
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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March 24, 2014, 09:02:13 PM |
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 Explanation| BTCUSD | 572.09 | 572.09 | 547.00 | 0.642036304849023 | | GBPUSD | 1.6500 | 1.6534 | 1.6466 | -0.384975031507675 | | EURUSD | 1.3838 | 1.3873 | 1.3762 | -0.0957503474808217 | | JPYUSD | 0.0098 | 0.0098 | 0.0097 | 0.0087739243075029 | | UAHUSD | 0.0947 | 0.0950 | 0.0943 | -0.131251938989013 |
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chessnut
Legendary
Offline
Activity: 924
Merit: 1001
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March 24, 2014, 09:02:31 PM |
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This looks like a bulltrap mixed with scores of misplaced optimism/desperation.
..... Aw cmon, this is an ideal floor, and the price is turning around after an exponential style decline. Its going to 600 soon and you know how much BTC likes 666. all my money on reversal right now. |
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windjc
Legendary
Offline
Activity: 2156
Merit: 1070
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March 24, 2014, 09:02:44 PM |
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This looks like a bulltrap mixed with scores of misplaced optimism/desperation.
Yeah after 8 days of downtrend we go up and its a bull trap. Lol. No it's traders trading the obvious oversold coin higher. Whether this is a bull trap depends on if bigger buyers take over this move and decide its time to get (back) in. If not we will go down again. If so, we will challenge the trend line at 620. |
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spooderman
Legendary
Offline
Activity: 1708
Merit: 1047
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March 24, 2014, 09:03:09 PM |
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 choo choo |
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lemonte
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March 24, 2014, 09:04:19 PM |
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 Akbar speaks sense. |
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fonzie
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March 24, 2014, 09:05:06 PM |
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BAAAAAAAAAAAM and here we go  |
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mah87
Donator
Hero Member
Offline
Activity: 756
Merit: 500
-Bitcoin & Ripple-
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March 24, 2014, 09:05:53 PM |
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BAAAAAAAAAAAM and here we go fake price movement this is going down soon |
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chessnut
Legendary
Offline
Activity: 924
Merit: 1001
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March 24, 2014, 09:08:12 PM |
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is this the moment of truth?
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GaliX
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March 24, 2014, 09:08:22 PM |
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Does anybody else consider moving to Kraken because of the recent Proof of Reserves?
Signed up today and had a look at it, platform seems really nice and professional. Not traded on it yet, but plan to soon. the next poll should "which exchange do you use?" would be interesting how many people use BTC-e and Kraken atm. |
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Peter R
Legendary
Offline
Activity: 1162
Merit: 1014
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March 24, 2014, 09:13:49 PM |
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Interesting discovery we just made in Risto's thread: price action seems to grow with (proxies for) the square of the number of users, as per Metcalfe's law.
What would be the current price projection based on this model? Just eyeballing it (I haven't done a regression), I'd say pretty close to $500. The usage statistics grow at about 3.2X per year, however, so the Metcalfe Value will bump into the real price very soon provided the network continues to grow. |
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