Odalv
Legendary
Offline
Activity: 1414
Merit: 1000
|
|
June 09, 2013, 09:40:37 PM |
|
$40 is impossible :-). There are only 11M btc now and too much investors/speculators/believers(500k ?) for such a small amount.
|
|
|
|
spike420211
|
|
June 09, 2013, 09:48:01 PM |
|
<sigh> I spose 4 over the summer i could load up my Seals account LOL.
|
|
|
|
freedomno1
Legendary
Offline
Activity: 1806
Merit: 1090
Learning the troll avoidance button :)
|
|
June 09, 2013, 09:52:41 PM |
|
Its an interesting design the question is how much bloat it would add to the blockchain once the ultimate blockchain compression is developed it might be doable. (In regards to the loading of the blockchain for new clients any additions to it are not preferred as it takes users days to load it already) Bitcoin is however a changing and developing technology that builds upon itself and it is interesting. Satoshidice spams the blockchain and this idea would be another level on top adding to the bloat. Protocol layer built on top of bitcoin, using messages in the block chain to represent transfers of value is one way of approaching it and the ability to send a text message with a transaction seem correlated so this would probably be one approach that might be merge-able Colored coins are used for transfers of value, messages would be another design https://bitcointalk.org/index.php?topic=226215I would say their are a few ways to implement it without needing the blockchain as mentioned in the links above depending on your preference And that it might be possible to add to any of them so it is interesting my plan with credits is to have the mesage feture biult into an a alternative walet so its optinal if you could help in any way with credits i would be verry happy Unfortunately my specialty is far from coding but more into finance and economics so I am not of much assistance at this stage. Might be able to proof-read a white paper and help with those sort of tasks if your interested. That said this forum has a very good set of developers and if you are thinking of implementing this idea, would suggest inquiring in the Development & Technical Discussion thread for developers and to also get high quality responses on average regarding your ideas. https://bitcointalk.org/index.php?board=12
|
Believing in Bitcoins and it's ability to change the world
|
|
|
zackclark70
Legendary
Offline
Activity: 868
Merit: 1000
ADT developer
|
|
June 09, 2013, 09:59:55 PM |
|
Its an interesting design the question is how much bloat it would add to the blockchain once the ultimate blockchain compression is developed it might be doable. (In regards to the loading of the blockchain for new clients any additions to it are not preferred as it takes users days to load it already) Bitcoin is however a changing and developing technology that builds upon itself and it is interesting. Satoshidice spams the blockchain and this idea would be another level on top adding to the bloat. Protocol layer built on top of bitcoin, using messages in the block chain to represent transfers of value is one way of approaching it and the ability to send a text message with a transaction seem correlated so this would probably be one approach that might be merge-able Colored coins are used for transfers of value, messages would be another design https://bitcointalk.org/index.php?topic=226215I would say their are a few ways to implement it without needing the blockchain as mentioned in the links above depending on your preference And that it might be possible to add to any of them so it is interesting my plan with credits is to have the mesage feture biult into an a alternative walet so its optinal if you could help in any way with credits i would be verry happy Unfortunately my specialty is far from coding but more into finance and economics so I am not of much assistance at this stage. Might be able to proof-read a white paper and help with those sort of tasks if your interested. That said this forum has a very good set of developers and if you are thinking of implementing this idea, would suggest inquiring in the Development & Technical Discussion thread for developers and to also get high quality responses on average regarding your ideas. https://bitcointalk.org/index.php?board=12thanks i will go and have a look
|
|
|
|
crumbs
|
|
June 09, 2013, 10:11:02 PM |
|
... Might be able to proof-read a white paper and help with those sort of tasks if your interested.
It's proofread. No hyphenation necessary.
|
|
|
|
|
crumbs
|
|
June 09, 2013, 10:19:46 PM |
|
I was just being a grammar nazi ("proofread" is a single word)
|
|
|
|
freedomno1
Legendary
Offline
Activity: 1806
Merit: 1090
Learning the troll avoidance button :)
|
|
June 09, 2013, 10:25:06 PM |
|
I was just being a grammar nazi ("proofread" is a single word) Auto Spell-check sometimes tries to be its own form of Nazi blames it whistles Or go both ways Spell Check (hehe)
|
Believing in Bitcoins and it's ability to change the world
|
|
|
|
crumbs
|
|
June 09, 2013, 10:49:38 PM Last edit: June 09, 2013, 11:05:24 PM by Maged |
|
|
|
|
|
counter
|
|
June 10, 2013, 09:15:59 AM |
|
I can't imagine the price landing past 80 usd for any serious amount of time. To be clear I don't suspect we'll go that low.
what's your reasoning for this? what if the winklevoss twins decide, 'fuck it, lets dump this, we made a mistake.' then clicks that sell button. an unlikely scenario, but the thing is dont go into that line of thinking. cos right now anything is possible. I used logic and my viewpoint of history to make that call. We had a fairly big dump not long ago and the price held strong. That tells me that people are not easily scared by the price on a day to day basis and are less likely to panic sell. I watched the price hover at 80 usd on the rise of the "bubble" which makes me feel comfortable making that call. I'm not worried about the twins selling coins, I think there is a growing number of people that will gladly buy them. If they did sell I suspect they wouldn't dump all instantly IMO.
|
|
|
|
naphto
|
|
June 10, 2013, 09:19:59 AM |
|
no impossible
The onky correct answer (for now) is: Maybe
|
|
|
|
nwbitcoin
|
|
June 10, 2013, 11:19:16 AM |
|
In the grand scheme of things, bitcoin is currently over valued, and it needs to find a price that matches its real value.
I would speculate that the price, working on a natural trend from day 1 is that the 'right' price is around $50-$60 at the moment. However, markets don't work like that, and some people think it should be higher, and other think it should be lower.
The point is, if you want Bitcoin to go up in value, you need to give it some more use that as just a store of some potential value - you need to spend it!
|
*Image Removed* I use Localbitcoins to sell bitcoins for GBP by bank transfer!
|
|
|
cloon
|
|
June 11, 2013, 09:51:20 AM |
|
I call the bottom between 25 and 30 But many ppl are expectibg this, so the bottom wil more likely be around 35
|
donations to 13zWUMSHA7AzGjqWmJNhJLYZxHmjNPKduY
|
|
|
klee
Legendary
Offline
Activity: 1498
Merit: 1000
|
|
June 11, 2013, 09:59:24 AM |
|
I can't imagine the price landing past 80 usd for any serious amount of time. To be clear I don't suspect we'll go that low.
what's your reasoning for this? what if the winklevoss twins decide, 'fuck it, lets dump this, we made a mistake.' then clicks that sell button. an unlikely scenario, but the thing is dont go into that line of thinking. cos right now anything is possible. I used logic and my viewpoint of history to make that call. We had a fairly big dump not long ago and the price held strong. That tells me that people are not easily scared by the price on a day to day basis and are less likely to panic sell. I watched the price hover at 80 usd on the rise of the "bubble" which makes me feel comfortable making that call. I'm not worried about the twins selling coins, I think there is a growing number of people that will gladly buy them. If they did sell I suspect they wouldn't dump all instantly IMO. What makes me worry is that if the price is steadily and slowly declining (like this seems to be the case) the psychological consequences are unpredictable. People are now used to sudden drops in price but they all feel it will be up in the long term - if this gets shaken... (While a sharp rise of XRP -it is x8 since mid April when BTC 'crashed'- may accelerate this trend)
|
|
|
|
spike420211
|
|
June 11, 2013, 12:58:57 PM |
|
It'll be a very very gradual drop to 30-50, been hovering @ 95-110 for a week now
|
|
|
|
tokeweed
Legendary
Offline
Activity: 4116
Merit: 1458
Life, Love and Laughter...
|
|
June 15, 2013, 05:41:05 AM |
|
no impossible
this could be 2011 all over again. what do you guys think right now? it could be, right?
|
|
|
|
R |
▀▀▀▀▀▀▀██████▄▄ ████████████████ ▀▀▀▀█████▀▀▀█████ ████████▌███▐████ ▄▄▄▄█████▄▄▄█████ ████████████████ ▄▄▄▄▄▄▄██████▀▀ | LLBIT | | | 4,000+ GAMES███████████████████ ██████████▀▄▀▀▀████ ████████▀▄▀██░░░███ ██████▀▄███▄▀█▄▄▄██ ███▀▀▀▀▀▀█▀▀▀▀▀▀███ ██░░░░░░░░█░░░░░░██ ██▄░░░░░░░█░░░░░▄██ ███▄░░░░▄█▄▄▄▄▄████ ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ | █████████ ▀████████ ░░▀██████ ░░░░▀████ ░░░░░░███ ▄░░░░░███ ▀█▄▄▄████ ░░▀▀█████ ▀▀▀▀▀▀▀▀▀ | █████████ ░░░▀▀████ ██▄▄▀░███ █░░█▄░░██ ░████▀▀██ █░░█▀░░██ ██▀▀▄░███ ░░░▄▄████ ▀▀▀▀▀▀▀▀▀ |
| | | | | | .
| | | ▄▄████▄▄ ▀█▀▄▀▀▄▀█▀ ▄▄░░▄█░██░█▄░░▄▄ ▄▄█░▄▀█░▀█▄▄█▀░█▀▄░█▄▄ ▀▄█░███▄█▄▄█▄███░█▄▀ ▀▀█░░░▄▄▄▄░░░█▀▀ █░░██████░░█ █░░░░▀▀░░░░█ █▀▄▀▄▀▄▀▄▀▄█ ▄░█████▀▀█████░▄ ▄███████░██░███████▄ ▀▀██████▄▄██████▀▀ ▀▀████████▀▀ | . ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ ░▀▄░▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄░▄▀ ███▀▄▀█████████████████▀▄▀ █████▀▄░▄▄▄▄▄███░▄▄▄▄▄▄▀ ███████▀▄▀██████░█▄▄▄▄▄▄▄▄ █████████▀▄▄░███▄▄▄▄▄▄░▄▀ ████████████░███████▀▄▀ ████████████░██▀▄▄▄▄▀ ████████████░▀▄▀ ████████████▄▀ ███████████▀ | ▄▄███████▄▄ ▄████▀▀▀▀▀▀▀████▄ ▄███▀▄▄███████▄▄▀███▄ ▄██▀▄█▀▀▀█████▀▀▀█▄▀██▄ ▄██▀▄███░░░▀████░███▄▀██▄ ███░████░░░░░▀██░████░███ ███░████░█▄░░░░▀░████░███ ███░████░███▄░░░░████░███ ▀██▄▀███░█████▄░░███▀▄██▀ ▀██▄▀█▄▄▄██████▄██▀▄██▀ ▀███▄▀▀███████▀▀▄███▀ ▀████▄▄▄▄▄▄▄████▀ ▀▀███████▀▀ | | OFFICIAL PARTNERSHIP SOUTHAMPTON FC FAZE CLAN SSC NAPOLI |
|
|
|
notme
Legendary
Offline
Activity: 1904
Merit: 1002
|
|
June 15, 2013, 06:12:41 AM |
|
no impossible
this could be 2011 all over again. what do you guys think right now? it could be, right? Previous ATH before 2011 run up was $1. Bottom after was $2. If we repeat 2011, $60-64 is the bottom. But that all depends on the bears being able to break $92.
|
|
|
|
solex
Legendary
Offline
Activity: 1078
Merit: 1006
100 satoshis -> ISO code
|
|
June 15, 2013, 06:18:23 AM |
|
no impossible
this could be 2011 all over again. what do you guys think right now? it could be, right? Previous ATH before 2011 run up was $1. Bottom after was $2. If we repeat 2011, $60-64 is the bottom. But that all depends on the bears being able to break $92. But we have already had that! It bottomed at $54.25, then some days afterwards also at $50.01 Anyone wanting to buy below $60 should be fully loaded up.
|
|
|
|
notme
Legendary
Offline
Activity: 1904
Merit: 1002
|
|
June 15, 2013, 06:22:14 AM |
|
But we have already had that! It bottomed at $54.25, then some days afterwards also at $50.01 Anyone wanting to buy below $60 should be fully loaded up.
I never said I agreed we would see a repeat of 2011, just explained how it would play out if we did. I've got a little more fiat to deploy, but I'm happy if it rises from here. If the bears find some favor, that's cool with me too.
|
|
|
|
|