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Author Topic: what will stop the rise ?  (Read 1203 times)
600watt
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May 24, 2013, 02:00:01 PM
 #1

whatever went on the last 3 years concerning bitcoin...  thousands of people getting to hear about it, learning about it, getting involved, demand rises and so does the price. except for the guys who bought on those 18 days when the price of bitcoin was higher than today (thx vladimir), everyone bought lower than the current price.

whatever made it happen the last three years will just continue. gox didn´t stop it, DHS didn´t stop it, BFL didn´t stop it. nothing will stop it. there is only one direction: UP.

ladies and gentleman: kiss the pessimists goodbye. put your space ship gear on. get oxygen supply ready.

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May 24, 2013, 02:03:53 PM
 #2

I found this instructional video about how we should behave now.


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smoothie
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May 24, 2013, 02:05:16 PM
 #3

Attending Bitcoin 2013 conference was an eye opener.

For me it really gave me a chance to get a in person analysis of the general world's sentiment of Bitcoin.

One word: BULLISH

Get your coins while you can below the all time high because we aren't going to stay under it for a year.

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phlogistonq
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May 24, 2013, 02:09:07 PM
 #4

Government ban might do it. Or some alternative with some very great benefits over BTC (none of the current altcoins which offer only minor, if any, improvements IMO).

Otherwise, I agree there is little that seems to be able to stop the train.
ElectricMucus
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May 24, 2013, 02:13:02 PM
 #5

greed caused it greed will stop it.

First they ignore you, then they laugh at you, then they keep laughing, then they start choking on their laughter, and then they go and catch their breath. Then they start laughing even more.
Nekrobios
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May 24, 2013, 02:14:33 PM
 #6

Nothing stops this train.

Nothing.

niothor
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May 24, 2013, 02:19:48 PM
 #7

Nothing stops this train.

Nothing.


Reminds me of :
http://www.youtube.com/watch?v=SYZOgNJ9eXM

Zaih
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May 24, 2013, 03:58:28 PM
 #8

If only I had more luggage to bring on the train.. Already all in
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May 24, 2013, 04:55:01 PM
 #9

no way, the only way is up!

Donation:    18zXsfnSvGjQFJ6pEiKMg2uWGcxUCfJLzu
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cypherdoc
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May 24, 2013, 05:10:12 PM
 #10

Nothing stops this train.

Nothing.



Headline News:  Blitz goes Bullish.
noedaRDH
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May 24, 2013, 05:48:28 PM
 #11


1NwGKiLcAngD1KiCCivxT6EDJmyXMGqM9q

Ask not what Bitcoin can do for you - ask what you can do for Bitcoin.
Nekrobios
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May 24, 2013, 05:48:54 PM
 #12

Nothing stops this train.

Nothing.



Headline News:  Blitz goes Bullish.
But I've been bullish for a while already. Tongue

I was more referring to the long term, I don't know yet if we can rule out a bear market. If we do get one, I'd see it as an opportunity, and I'd trade that to accumulate more. Just recognized that some of the things I was caught up with (Cripple, Blightcoin and other scamcoins, blocksize issues) really are nothing but distractions at the current stage.

Thing is, I've been ignoring the news during the entire parabolic rise to trade the crash, so I'm only now kind of catching up with the state of things, and it appears the network effects in play are strong, so I think my bearish fundamental bias was unfounded. I honestly believed the rise might practically kill Bitcoin. This network effect is evidenced for instance in persuading the Humble Bundle and the EFF who have been reluctant for a long time, thanks to Coinbase who were recently funded $5 million and Bitpay who received $2 million. For all intents and purposes, Bitcoin is already the currency of the internet.

So, now, I'm kind of back to where I was when the price was at $13, mentally, and willing to be more of an investor again if the technicals align. I believe that Bitcoin has a good chance of seeing 4 digits within the next couple years. Hell, make it gold oz. parity.
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