inca
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May 18, 2014, 07:39:59 PM |
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In the past, price has always went UP after any stable period.
I'm not sure how much longer the price will pretend to be stable, it may be weeks or months.
If the price drops from here and doesn't come back up, it would be a first in bitcoin history.
In 2013, the price may have went up after stagnation but that was because it was getting a lot of media attention and average Joes were buying in, this year, after many average Joes were robbed by exchange owners (not only MtGox) - 2 exchanges in my country stole the coins and money, this year my boy, its going to drop after stagnation.....is has been doing so since the beginning of 2014. then don't waste your time here, go do something with your life instead of wasting it on a dead horse... Shorting BTC, making hard cash USD, buying yo momma, kid. Welcome to ignored. Says the newb who registered on this forum just days ago? It's YOU who is on ignore. Also Cpt. Illiterate, it's "the price may have gone up after stagnation..." Kid with stupid logic. Also on ignore. New profile != newb. I will take profits from shorting over having good grammar any day, bagholder. Jeez. I am fairly sure you are a reinvented troll of the past. Anyway, /ignore.
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RandomPedestrianN9
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May 18, 2014, 07:44:57 PM |
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Im gonna need a bigger carecup.
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RandomPedestrianN9
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May 18, 2014, 07:49:53 PM |
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Cash Money Marijuana m8ty. Does crossing this line mean it broke the growth support? Let the dumps begin.
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zimmah
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Activity: 1106
Merit: 1005
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May 18, 2014, 07:53:39 PM |
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In the past, price has always went UP after any stable period.
I'm not sure how much longer the price will pretend to be stable, it may be weeks or months.
If the price drops from here and doesn't come back up, it would be a first in bitcoin history.
In 2013, the price may have went up after stagnation but that was because it was getting a lot of media attention and average Joes were buying in, this year, after many average Joes were robbed by exchange owners (not only MtGox) - 2 exchanges in my country stole the coins and money, this year my boy, its going to drop after stagnation.....is has been doing so since the beginning of 2014. then don't waste your time here, go do something with your life instead of wasting it on a dead horse... Shorting BTC, making hard cash USD, buying yo momma, kid. Welcome to ignored. Says the newb who registered on this forum just days ago? It's YOU who is on ignore. Also Cpt. Illiterate, it's "the price may have gone up after stagnation..." Kid with stupid logic. Also on ignore. New profile != newb. I will take profits from shorting over having good grammar any day, bagholder. If you intend to ignore everyone on this forum you may as well just leave the forum, will save us all some time. By the way, make sure you got a big bag, if you intend on using fiat for the rest of your life you'll need it. Better buy your wheelbarrow now, while you can still afford one.
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RandomPedestrianN9
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May 18, 2014, 07:57:03 PM |
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In the past, price has always went UP after any stable period.
I'm not sure how much longer the price will pretend to be stable, it may be weeks or months.
If the price drops from here and doesn't come back up, it would be a first in bitcoin history.
In 2013, the price may have went up after stagnation but that was because it was getting a lot of media attention and average Joes were buying in, this year, after many average Joes were robbed by exchange owners (not only MtGox) - 2 exchanges in my country stole the coins and money, this year my boy, its going to drop after stagnation.....is has been doing so since the beginning of 2014. then don't waste your time here, go do something with your life instead of wasting it on a dead horse... Shorting BTC, making hard cash USD, buying yo momma, kid. Welcome to ignored. Says the newb who registered on this forum just days ago? It's YOU who is on ignore. Also Cpt. Illiterate, it's "the price may have gone up after stagnation..." Kid with stupid logic. Also on ignore. New profile != newb. I will take profits from shorting over having good grammar any day, bagholder. If you intend to ignore everyone on this forum you may as well just leave the forum, will save us all some time. By the way, make sure you got a big bag, if you intend on using fiat for the rest of your life you'll need it. Better buy your wheelbarrow now, while you can still afford one. Nah, ill spend the cash on stakes in companies that produce useful things, maybe buy some gold in 10 years once it hits the bottom, guns, ammo, agricultural land etc. Imho better than spending it on internet money useful for paying tips on forums, drugs or porn.
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ChartBuddy
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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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May 18, 2014, 08:00:43 PM |
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boumalo
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Merit: 1018
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May 18, 2014, 08:09:04 PM |
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In the past, price has always went UP after any stable period.
I'm not sure how much longer the price will pretend to be stable, it may be weeks or months.
If the price drops from here and doesn't come back up, it would be a first in bitcoin history.
In 2013, the price may have went up after stagnation but that was because it was getting a lot of media attention and average Joes were buying in, this year, after many average Joes were robbed by exchange owners (not only MtGox) - 2 exchanges in my country stole the coins and money, this year my boy, its going to drop after stagnation.....is has been doing so since the beginning of 2014. It has been going down for months but the price stability is probably a positive sign in this environnement The demise of the USD and the probable fall of the Euro, Pound and Yen as well will make Bitcoin look very appealing
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RandomPedestrianN9
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May 18, 2014, 08:13:22 PM |
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In the past, price has always went UP after any stable period.
I'm not sure how much longer the price will pretend to be stable, it may be weeks or months.
If the price drops from here and doesn't come back up, it would be a first in bitcoin history.
In 2013, the price may have went up after stagnation but that was because it was getting a lot of media attention and average Joes were buying in, this year, after many average Joes were robbed by exchange owners (not only MtGox) - 2 exchanges in my country stole the coins and money, this year my boy, its going to drop after stagnation.....is has been doing so since the beginning of 2014. It has been going down for months but the price stability is probably a positive sign in this environnement The demise of the USD and the probable fall of the Euro, Pound and Yen as well will make Bitcoin look very appealing Either that or people are waiting for the crash to buy in lower and in the meantime only bots are now trading.
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JayJuanGee
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Self-Custody is a right. Say no to"Non-custodial"
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May 18, 2014, 08:15:31 PM |
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Anybody who opposes *something i like or believe in* is a troll, a terrorist, a pedophile, a rapist and an idiot.
You are a troll b/c you are spreading FUD... You do NOT even attempt to back up what you are saying with either logic or facts. Accordingly, you submit your stupid-ass statements, and expect someone else on the thread to do all the work of analysis and/or clarification.
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RandomPedestrianN9
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May 18, 2014, 08:18:39 PM |
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Anybody who opposes *something i like or believe in* is a troll, a terrorist, a pedophile, a rapist and an idiot.
You are a troll b/c you are spreading FUD... You do NOT even attempt to back up what you are saying with either logic or facts. Accordingly, you submit your stupid-ass statements, and expect someone else on the thread to do all the work of analysis and/or clarification. Free ignore hugs, there there.
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JayJuanGee
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Self-Custody is a right. Say no to"Non-custodial"
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May 18, 2014, 08:28:14 PM |
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So I am puzzled by this calm, I can't understand what those Chinese sellers are waiting for.
The nature of Bitcoin - once you sell it, you can't sell it again. After 6 months of selling, no more coins in the sellers' hands. Volume down. Next: UP. No other way is even possible. When: Don't know exactly, but 650 by the end of June is a possibility. Top could be in August-September. Maybe.. but usually No Demand is a sign of a top. I'd like to see a monthly high volume up thrust. I tend to agree with Rpietila, here. The markets seem to be running out of people willing to sell BTC at the current price. A very large majority of those who wanted to sell have already sold at prices - higher than the current price point. To suggest that there is a lack of demand based on an overall lack of volume seems to be a misreading of the current state of affairs. If you knew the current state of affairs for the chart of bitcoin you would be the richest and smartest man on earth. I think you lack understanding on price. Anyways like I said technically no demand is bearish.. we need that tl to break with high volume as an upthrust. You are suggesting that without volume BTC prices are going to continue to go down, and I do NOT believe that it is a given that BTC prices are going to continue to go down from here... even absent additional volume. Maybe you are more enlightened than me; however, I doubt that you are so much more enlightened as to proclaim that I "lack understanding of price."
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JayJuanGee
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Self-Custody is a right. Say no to"Non-custodial"
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May 18, 2014, 08:43:48 PM |
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Anybody who opposes *something i like or believe in* is a troll, a terrorist, a pedophile, a rapist and an idiot.
You are a troll b/c you are spreading FUD... You do NOT even attempt to back up what you are saying with either logic or facts. Accordingly, you submit your stupid-ass statements, and expect someone else on the thread to do all the work of analysis and/or clarification. Free ignore hugs, there there. I am glad that I did NOT have to work too hard in order to achieve such recognition, from a troll who is NOT even interesting NOR good at it.
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ChartBuddy
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Merit: 1802
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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May 18, 2014, 09:00:42 PM |
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RandomPedestrianN9
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May 18, 2014, 09:08:09 PM |
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TO DA MOON! CHOO CHOO!
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calmindifference
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May 18, 2014, 09:48:55 PM |
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The demise of the USD and the probable fall of the Euro, Pound and Yen as well will make Bitcoin look very appealing
You could be waiting a long time for that to materialise
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ChartBuddy
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May 18, 2014, 10:00:43 PM |
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JorgeStolfi
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May 18, 2014, 10:48:27 PM |
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You can't. You have throw away that number and compute a valid number. It costs about $2k to buy 1 ghps, which burns .2 joule/gh at $0.1/kwh, and which gives you a 1.3x10^-8 chance at every 25 btc block reward (one every 9 minutes). That difficulty increases 20% at each adjustment, every 12.8 days. Now calculate.
OK, could you please confirm that this basic data is correct: Protocol-defined data: Network block mining rate: BMR = 0.00185 blocks/s (1 every 9 minutes) Reward per block: RPB = 25 BTC (currently, expected to be cut down by 50% in 2017 and every 4 years thereafter). Network-dependent data: Total network hash rate: NHR = 65'000'000 GH/s [Source: blockchain.info estimate.] Location-dependent data: Electric energy cost: CPE = 0.028 USD/MJ (in rural US, 0.1 USD/(kW h)) [Source: @aminorex] Technology-dependent data: Cost of equipment: CEQ = 2000 USD/(GH/s) (modern equipment) [Source: @aminorex] Energy consumption: EPH = 0.2 J/GH [Source: @aminorex] Cooling and other costs: 30%--50% [Source: paper] Bitconomy-dependent data: Average transaction rate: ATR = 0.73 trans/s (63'000 trans/day) [Source: blockchain.info] Average bitcoins output rate: ABR = 7.12 BTC/s (615'000 BTC/day) [Source: blockchain.info] Average transaction fees rate: AFR = 0.00015 BT/s (13 BTC/day) [Source: blockchain.info] [I wonder especially about the "Total network hash rate: NHR = 65'000'000 GH/s", is that really per second, per day, or what?]
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keithers
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This is the land of wolves now & you're not a wolf
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May 18, 2014, 10:53:46 PM |
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Volumes continue to be pretty low today on Stamp. The high and low prices are becoming a tighter and tighter range. Last time it was like this, volatility struck back with a vengeance. Mainly downward, so hopefully we will start seeing price improvements soon!
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RandomPedestrianN9
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May 18, 2014, 10:57:17 PM |
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Volumes continue to be pretty low today on Stamp. The high and low prices are becoming a tighter and tighter range. Last time it was like this, volatility struck back with a vengeance. Mainly downward, so hopefully we will start seeing price improvements soon!
Someone posted some log charts today with 2-3 days remaining before it touches upper resistance line i think. Miners wont let it crash without fight :/
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ChartBuddy
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May 18, 2014, 11:00:44 PM |
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