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fonzie
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June 21, 2014, 05:54:31 AM |
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Talking about cheap coins... Why do you consider the current price expensive? To me, it's still cheap coins.
If Bitcoin should be used as a currency i would estimate around 100$ as a good price(referring to the current bid depth), to regain liquidity and make it possible to sell or buy e.g. 50000$ without slippage. Everything below 80$ would be cheap. |
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ChartBuddy
Legendary
 Offline
Activity: 2660
Merit: 2364
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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June 21, 2014, 06:01:41 AM |
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Krabby
Sr. Member
Offline
Activity: 644
Merit: 250
https://primedao.eth.link/#/
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June 21, 2014, 06:13:49 AM |
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Talking about cheap coins... Why do you consider the current price expensive? To me, it's still cheap coins.
If Bitcoin should be used as a currency i would estimate around 100$ as a good price(referring to the current bid depth), to regain liquidity and make it possible to sell or buy e.g. 50000$ without slippage. Everything below 80$ would be cheap. Good luck with that 1.3 billion market cap. |
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ChartBuddy
Legendary
Offline
Activity: 2660
Merit: 2364
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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June 21, 2014, 07:00:51 AM |
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nioc
Legendary
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Activity: 1624
Merit: 1008
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June 21, 2014, 07:01:19 AM |
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words
Where did your other 1700 posts go and why? |
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Parazyd
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June 21, 2014, 07:07:08 AM |
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We seem not to wanna go below 580. Holding currently at 585 really good.
Anyone entered a group buy for the SR coins?
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DubFX
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June 21, 2014, 07:10:34 AM |
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Isn't it guys really weirg how low did the volume get? Or is everyone smashed and sleeping after friday night?
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TERA
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June 21, 2014, 07:13:27 AM |
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It seems that the trains are not running on schedule for some reason.  |
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spooderman
Legendary
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Activity: 1708
Merit: 1047
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June 21, 2014, 07:18:07 AM |
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? that happening now?
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TERA
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June 21, 2014, 07:18:55 AM |
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? that happening now?
no that was hurricane sandy |
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spooderman
Legendary
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Activity: 1708
Merit: 1047
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June 21, 2014, 07:22:27 AM |
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Wonder how long it took them to pump all that water out.
We going for a weekend rally? And what day does this whole auction thing come to a head? Is it June 27th?
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Parazyd
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June 21, 2014, 07:28:59 AM |
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Wonder how long it took them to pump all that water out.
We going for a weekend rally? And what day does this whole auction thing come to a head? Is it June 27th?
Yeah, I believe the auction ends on the 27th. Hope the buyers don't dump it all afterwards. |
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spooderman
Legendary
Offline
Activity: 1708
Merit: 1047
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June 21, 2014, 07:36:11 AM |
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The chances of them dumping it all immediately are the same as Ghash using their occasional 51% to attack us.
Why would someone heavily invested in bitcoin make a concerted effort to destroy it?
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yrtrnc
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June 21, 2014, 07:40:27 AM |
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Wonder how long it took them to pump all that water out.
We going for a weekend rally? And what day does this whole auction thing come to a head? Is it June 27th?
Yeah, I believe the auction ends on the 27th. Hope the buyers don't dump it all afterwards. This is what everyone is worried about and this is what is suppressing the price. IMHO the caliber of the people involved in the auction is obvious. These people are looking for Bitcoins long term success. |
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spooderman
Legendary
Offline
Activity: 1708
Merit: 1047
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June 21, 2014, 07:45:47 AM |
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Wonder how long it took them to pump all that water out.
We going for a weekend rally? And what day does this whole auction thing come to a head? Is it June 27th?
Yeah, I believe the auction ends on the 27th. Hope the buyers don't dump it all afterwards. This is what everyone is worried about and this is what is suppressing the price. IMHO the caliber of the people involved in the auction is obvious. These people are looking for Bitcoins long term success. yes and once again, why are we making it so cheap for them? Given the nature of bitcoin, anyone that wants to buy a very large amount should have to pay over the odds, not under it. This is bullshit. Lose the fiat mentality people! Make em pay for the only finite, divisible, un-counterfeitable, instantly transferable asset like they should have to! |
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TERA
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June 21, 2014, 07:46:24 AM |
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The chances of them dumping it all immediately are the same as Ghash using their occasional 51% to attack us.
Why would someone heavily invested in bitcoin make a concerted effort to destroy it?
Who said anything about destroying bitcoin? It would just be a trade, and once the trade is complete they wouldn't be invested anymore. However, I don't see anyone doing this unless they can buy at least 30% below market rates. |
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bangersdad
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June 21, 2014, 07:50:01 AM |
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Surely there is only one way the price can go after the auction.....up up up..as soon as we can breakthru the resistance at $620 its gonna trigger lots of buys and then the party can really start.
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yrtrnc
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June 21, 2014, 07:50:34 AM |
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The chances of them dumping it all immediately are the same as Ghash using their occasional 51% to attack us.
Why would someone heavily invested in bitcoin make a concerted effort to destroy it?
Who said anything about destroying bitcoin? It would just be a trade, and once the trade is complete they wouldn't be invested anymore. However, I don't see anyone doing this unless they can buy at least 30% below market rates. IMHO, these people are not looking for a quick profit. |
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TERA
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June 21, 2014, 07:54:40 AM |
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I bet there are at least a couple traders in all those bidders but they probably won't actually win in the auctions and will be outbid by bulls who won't trade.
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DubFX
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June 21, 2014, 07:58:14 AM |
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The chances of them dumping it all immediately are the same as Ghash using their occasional 51% to attack us.
Why would someone heavily invested in bitcoin make a concerted effort to destroy it?
Who said anything about destroying bitcoin? It would just be a trade, and once the trade is complete they wouldn't be invested anymore. However, I don't see anyone doing this unless they can buy at least 30% below market rates. In my opinion they sure WILL be able to buy it atleast 10-20% under these market rates, wich means anybody that would sell it would still get almost instant profit of 10-20% it just trully depends on the buyer and we can only hope. |
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