Bitcoin Forum
May 02, 2024, 02:53:46 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: Amount of posts here vs Price  (Read 757 times)
RationalSpeculator (OP)
Sr. Member
****
Offline Offline

Activity: 294
Merit: 250

This bull will try to shake you off. Hold tight!


View Profile
April 28, 2013, 05:56:52 AM
 #1

Have been browsing speculation board a lot past few days.

Am surprised how few posts are actually made.

Another confirmation for me that a market cap of a few billion is hard to sustain at this point.

Since the price of bitcoin after all depends foremost on the amount of speculators.
1714661626
Hero Member
*
Offline Offline

Posts: 1714661626

View Profile Personal Message (Offline)

Ignore
1714661626
Reply with quote  #2

1714661626
Report to moderator
1714661626
Hero Member
*
Offline Offline

Posts: 1714661626

View Profile Personal Message (Offline)

Ignore
1714661626
Reply with quote  #2

1714661626
Report to moderator
1714661626
Hero Member
*
Offline Offline

Posts: 1714661626

View Profile Personal Message (Offline)

Ignore
1714661626
Reply with quote  #2

1714661626
Report to moderator
"The nature of Bitcoin is such that once version 0.1 was released, the core design was set in stone for the rest of its lifetime." -- Satoshi
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1714661626
Hero Member
*
Offline Offline

Posts: 1714661626

View Profile Personal Message (Offline)

Ignore
1714661626
Reply with quote  #2

1714661626
Report to moderator
1714661626
Hero Member
*
Offline Offline

Posts: 1714661626

View Profile Personal Message (Offline)

Ignore
1714661626
Reply with quote  #2

1714661626
Report to moderator
1714661626
Hero Member
*
Offline Offline

Posts: 1714661626

View Profile Personal Message (Offline)

Ignore
1714661626
Reply with quote  #2

1714661626
Report to moderator
Elwar
Legendary
*
Offline Offline

Activity: 3598
Merit: 2384


Viva Ut Vivas


View Profile WWW
April 28, 2013, 05:58:30 AM
 #2

Since the price of bitcoin is after all build on our speculation.

Reddit is more hardcore bullish than here.

First seastead company actually selling sea homes: Ocean Builders https://ocean.builders  Of course we accept bitcoin.
RationalSpeculator (OP)
Sr. Member
****
Offline Offline

Activity: 294
Merit: 250

This bull will try to shake you off. Hold tight!


View Profile
April 28, 2013, 06:25:38 AM
 #3

Since the price of bitcoin is after all build on our speculation.

Reddit is more hardcore bullish than here.

Thanks for the tip.
Seal
Donator
Hero Member
*
Offline Offline

Activity: 848
Merit: 1078


View Profile WWW
April 29, 2013, 04:44:28 AM
 #4

There are a lot of posts from people who have tried to graph out google searches with prices. The results are always indecisive as it depends on who is interpreting them.

DefiDive - Filter the noise
A clean crypto asset management terminal
mgio
Hero Member
*****
Offline Offline

Activity: 546
Merit: 500


View Profile
April 29, 2013, 05:05:31 AM
 #5

Not every who speculates on bitcoins reads this forum.
awakening
Full Member
***
Offline Offline

Activity: 196
Merit: 100


View Profile
April 29, 2013, 05:45:50 AM
 #6

Not every who speculates on bitcoins reads this forum.

I would say that almost none of the new serious money would stay more than a few minutes in this particular subforum, if not for fun.
RationalSpeculator (OP)
Sr. Member
****
Offline Offline

Activity: 294
Merit: 250

This bull will try to shake you off. Hold tight!


View Profile
April 29, 2013, 07:25:44 AM
 #7

Not every who speculates on bitcoins reads this forum.

I would say that almost none of the new serious money would stay more than a few minutes in this particular subforum, if not for fun.

What makes u believe that?
Hawker
Legendary
*
Offline Offline

Activity: 1218
Merit: 1001



View Profile
April 29, 2013, 07:33:50 AM
 #8

Not every who speculates on bitcoins reads this forum.

I would say that almost none of the new serious money would stay more than a few minutes in this particular subforum, if not for fun.

What makes u believe that?

Take a look.  There are a few informed posts which are of limited help.  Then there are lots of posts that go "I want to buy cheap so here I am predicting prices will go through the floor." and "I want to sell at a profit so here I am predicting prices will go through the ceiling."

Now compare all this to the sheer volume of transactions on the exchanges and its clear that only a tiny percentage of buyers and sellers are active here.
thoughtfan
Hero Member
*****
Offline Offline

Activity: 784
Merit: 506


View Profile
April 29, 2013, 07:42:24 AM
 #9

Have been browsing speculation board a lot past few days.

Am surprised how few posts are actually made.

Another confirmation for me that a market cap of a few billion is hard to sustain at this point.

Since the price of bitcoin after all depends foremost on the amount of speculators.
'amount of speculators' is a bit vague.  If you meant the number of speculators then I would disagree that it is primarily the driver.  Closer to the mark might be volume held by speculators - or did you mean volume traded by speculators?

Whichever it was I doubt I doubt there's a correlation between that and the number of posts here that could be of any predictive value in determining price.

But those looking for 'another confirmation' to feel more confident about their belief - whether up or down - will find it almost anywhere if they look hard enough Grin
Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!