nkspace (OP)
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April 26, 2013, 11:24:52 AM
Last edit: July 17, 2014, 10:26:52 AM by nkspace |
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The Bitcoin network protocol was designed to be extremely flexible. It can be used to create timed transactions, escrow transactions, multi-signature transactions, etc. The current features of the client only hint at what will be possible in the future.
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SomeWhere
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Activity: 71
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April 26, 2013, 11:26:42 AM |
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No.
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nkspace (OP)
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April 26, 2013, 11:27:48 AM |
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your greed says no, you logic says yes
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Shinobi
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April 26, 2013, 11:29:02 AM |
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And that's assuming no infrastructural debacles. Denial of Service attacks are only going to increase to further affect liquidity. Some folks do NOT want Bitcoin to succeed. The unwritten rule behind Bitcoin success is superior technological prowess behind the means of liquidity (i.e. exchanges). With FinCEN essentially requiring local transactors to register as an exchanger, liquidity is going to rely even more on exchanges than before.
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_______ Thinking of using a cheap, yet reliable VPN? Go with PrivateInternetAccess. Not a referral link. Just a satisfied customer! |
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Miz4r
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Activity: 1246
Merit: 1000
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April 26, 2013, 11:32:40 AM |
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Wow I am struck in awe by the beauty of that blue line just randomly moving across the chart. True piece of art right there.
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Bitcoin = Gold on steroids
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nkspace (OP)
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April 26, 2013, 11:37:08 AM |
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that is the real rendline bulls
accept it
the reason the trend strays from this line is due to
1- GREED
2 - MANIPULATION
3- GREED,
TO ALL THOSE WIHSING TO BUY BACK IN, WAIT FOR THE PRICE T HIT THE TRENDLINE AND BUY AT THAT PRICE
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nkspace (OP)
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April 26, 2013, 11:39:05 AM |
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WONT BE TOO SOON,
WHAT GOES UP, COMES DOWN
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ruski
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April 26, 2013, 11:41:15 AM |
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Welcome to my ignore list nkspace.
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Miz4r
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April 26, 2013, 11:46:45 AM |
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I think they should require people to do an IQ test first before allowing them to post here. I'm sure the amount of garbage posts would crash way below the trendline. This forum is being overrun by people who can't even form a coherent sentence and think writing in CAPS makes them look intelligent.
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Bitcoin = Gold on steroids
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pera
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Activity: 532
Merit: 261
バカ
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April 26, 2013, 11:49:50 AM |
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 TECHNICAL ANALYSIS |
ｷﾀ━━━━(ﾟ∀ﾟ)━━━━ｯ!!
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nkspace (OP)
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April 26, 2013, 11:51:15 AM |
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PERA THAT IS NOT A NORMAL LINE! IM SORRY, THAT IS A BULLS LINE, NOT A NORMAL RATIONAL TREND
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chriswilmer
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April 26, 2013, 11:53:18 AM |
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No, this is the real trendline:  It goes up by about 10 cents every month. Based on this, we should hit about $7 by the end of this year. If we're above that line, bitcoin is overvalued. |
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nkspace (OP)
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April 26, 2013, 11:57:06 AM |
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sarcasm? thats a stupid graph, as bitcoin has recieved press coveragte, wehreas before it hadn't as much, thats not a real trend line, however my one is
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nkspace (OP)
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April 26, 2013, 12:04:12 PM |
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cricket, awefully quite here, where are these bulls? somethings you can't disagree with i suppose
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ManBearPig
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April 26, 2013, 12:05:29 PM
Last edit: April 26, 2013, 12:16:16 PM by ManBearPig |
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Hi. I'm a bull. I also have charts:  We seem to agree though the placing of your line seems almost arbitrary. Also, because of that line I'm bullish long-term but you are bearish short-term. It's the old half-full or half-empty thing again isn't it?  Edit: I updated the chart with today's noon UTC data. |
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Hawker
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April 26, 2013, 02:08:47 PM |
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Hmmm. I don't get it. The graph shows Bitcoin trending up. Like any market, people are taking that into account in buying Bitcoin so paying more than the trendline.
Isn't that logical?
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arepo
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Activity: 448
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this statement is false
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April 26, 2013, 11:41:30 PM |
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any arbitrary line can be formed by two points. you need three or more for robustness. that being said, i tend to agree that said trendline seems viable. --arepo |
this sentence has fifteen words, seventy-four letters, four commas, one hyphen, and a period.
18N9md2G1oA89kdBuiyJFrtJShuL5iDWDz
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Qoheleth
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Spurn wild goose chases. Seek that which endures.
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April 26, 2013, 11:51:08 PM |
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With FinCEN essentially requiring local transactors to register as an exchanger IIRC, FinCEN ruled pretty clearly that it doesn't give a shit as long as you aren't: 1) a third party transferring BTC from party A to party B as part of a transfer of fiat (e.g. exchanges and outfits like BitPay), or 2) a miner who sells the coins they mined for fiat. Regular users of BTC (who use it to trade goods and services) are explicitly OK'd. |
If there is something that will make Bitcoin succeed, it is growth of utility - greater quantity and variety of goods and services offered for BTC. If there is something that will make Bitcoin fail, it is the prevalence of users convinced that BTC is a magic box that will turn them into millionaires, and of the con-artists who have followed them here to devour them.
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dataphile
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April 27, 2013, 12:58:34 AM |
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Is the OP really implying that a linear model is the most accurate price model?
lmao.
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bitcon
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April 27, 2013, 01:00:05 AM |
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nksace is just trying to spread FUD because he wants to buy in at 100. sorry you missed the boat. another "bitter bear" creating multiple threads to no avail. sad.
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