BitGlory (OP)
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Activity: 168
Merit: 100
DATABLOCKCHAIN.IO SALE IS LIVE | MVP @ DBC.IO
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July 19, 2013, 12:53:59 PM |
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Yes or No?
I say yes.
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Bitcoin mining is now a specialized and very risky industry, just like gold mining. Amateur miners are unlikely to make much money, and may even lose money. Bitcoin is much more than just mining, though!
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smoothie
Legendary
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Activity: 2492
Merit: 1473
LEALANA Bitcoin Grim Reaper
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July 19, 2013, 12:55:18 PM |
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No. I say DUMP upwards!  |
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| . ★☆ WWW.LEALANA.COM My PGP fingerprint is A764D833. History of Monero development Visualization ★☆ .
LEALANA BITCOIN GRIM REAPER SILVER COINS.
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meanig
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July 19, 2013, 01:02:54 PM |
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I say yes.
Portugal, Italy and Greece are running out of money. I expect they'll all be dealt with simultaneously to avoid bank runs as bail-ins will be part of any new rescue packages.
This will be Cyprus x 100 for Bitcoin
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tutkarz
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July 19, 2013, 01:06:37 PM |
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i don't know if it will be September, but another bubble is ahead and its inevitable.
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smoothie
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Activity: 2492
Merit: 1473
LEALANA Bitcoin Grim Reaper
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July 19, 2013, 01:28:32 PM |
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i don't know if it will be September, but another bubble is ahead and its inevitable.
Just a matter of time. |
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███████████████████████████████████████
| . ★☆ WWW.LEALANA.COM My PGP fingerprint is A764D833. History of Monero development Visualization ★☆ .
LEALANA BITCOIN GRIM REAPER SILVER COINS.
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Its About Sharing
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Activity: 1442
Merit: 1000
Antifragile
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July 19, 2013, 03:06:51 PM |
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Yes or No?
I say yes.
A few countries are clearly going to need more help. Greece just got another 8.7 Billion in loans. That won't change things a whole lot for BTC (but it will continue to draw attention to it.) What will rock things is if and when there are Bail ins. That is being talked about and many are ready for it. A few are probably preparing to move money into Gold, silver, BTC, etc (and actually, that has started. Which is why central banks around the world are huge gold buyers and at the same time depressing the gold price (e.g. - Everything is ok, gold is not high, move along people). Anything will be better than having your money (and gold from your bank like in Cypress) stolen just to get more printed money from a central bank. If that happens...  |
BTC = Black Swan.
BTC = Antifragile - "Some things benefit from shocks; they thrive and grow when exposed to volatility, randomness, disorder, and stressors and love adventure, risk, and uncertainty. Robust is not the opposite of fragile.
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Wagner2014
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Activity: 84
Merit: 10
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July 19, 2013, 03:13:45 PM |
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who knows, but I doubt the current bubble will have fully deflated by September...
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Hello, fellow Bitcoin Billionaires!!
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gizmoh
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Activity: 1428
Merit: 1000
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July 19, 2013, 05:51:29 PM |
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who knows, but I doubt the current bubble will have fully deflated by September...
Bitcoin can stop deflating and reinflate on a breaking news, the news time frame won't wait for a full deflation.. |
How Ripple Rips you: "The founders of Ripple Labs created 100 billion XRP at Ripple's inception. No more can be created according to the rules of the Ripple protocol. Of the 100 billion created, 20 billion XRP were retained by the creators, seeders, venture capital companies and other founders. The remaining 80 billion were given to Ripple Labs. Ripple Labs intends to distribute and sell 55 of that 80 billion XRP to users and strategic partners. Ripple Labs also had a giveaway of under 200 million XRP (0.002% of all XRP) via World Community Grid that was later discontinued.[29] Ripple Labs will retain the remaining 25 billion"
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superduh
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July 19, 2013, 06:24:28 PM |
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deflation... whatev. some 5000 coins sold months ago and gox crashing for a week. get over it. time to move on and look at all the positive things that have happened since.
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ok
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Wagner2014
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Activity: 84
Merit: 10
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July 19, 2013, 06:30:03 PM |
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well what does this chart tell you? to me it says significant downside risk...  |
Hello, fellow Bitcoin Billionaires!!
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notme
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Activity: 1904
Merit: 1002
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July 19, 2013, 07:06:42 PM |
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well what does this chart tell you? to me it says significant downside risk... Double bottom! UP! UP! UP! |
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01BTC10
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Activity: 756
Merit: 503
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July 19, 2013, 07:18:06 PM |
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well what does this chart tell you? to me it says significant downside risk... It says that price is up a lot since January. |
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Jozzaboy
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Activity: 98
Merit: 10
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July 19, 2013, 07:20:23 PM |
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well what does this chart tell you? to me it says significant downside risk... It tells me what we will have a long price consolidation in the 80s and that will be used as the launchpad for Bitcoin bubble Mk.3 |
BTC: 16whd9eNR8WY9nVhUUevNYMbQB2eS1jtYF I also accept precious metals, no paper money please. |
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Wagner2014
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Activity: 84
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July 19, 2013, 07:39:09 PM |
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well what does this chart tell you? to me it says significant downside risk... Double bottom! UP! UP! UP! not sure if you are being serious - doubt it...but this is not your ordinary "double bottom"...it was preceded by a massive bubble almost straight up from $13 to $240...not a lot of support was built for the prices on the way up...the chart shows bitcoin needs to find a new "consensus" value...i.e., likely through period of consolidation before moving up in a sustained basis...imo...expect more volatility... |
Hello, fellow Bitcoin Billionaires!!
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phatsphere
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July 19, 2013, 08:45:36 PM |
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do you know what a logarithm is? it helps to click on that checkbox.
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phor2zero
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Activity: 23
Merit: 0
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July 19, 2013, 08:51:18 PM |
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The $100 level appears to be a strong support or ceiling. Once it breaks significantly upward through that level it will likely be on a rocket.
I'm buying every time current price drops 10USD from last purchase.
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Wagner2014
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Activity: 84
Merit: 10
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July 19, 2013, 08:58:09 PM |
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do you know what a logarithm is? it helps to click on that checkbox.
yes. not sure how it helps unless you want a move from 0 - 50 to appear equal to a move from 50 - 200 |
Hello, fellow Bitcoin Billionaires!!
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cp1
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July 19, 2013, 09:09:00 PM |
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Please dump, I want to buy more at $60.
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ElectricMucus
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Marketing manager - GO MP
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July 19, 2013, 11:00:09 PM |
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I gonna bump this on October 1st and laugh at you guys.
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phor2zero
Newbie
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Activity: 23
Merit: 0
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July 20, 2013, 12:05:58 AM |
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There are several high quality exchanges coming online in the next month or so, including Coinsetter, TradeHill, & BTC Global. These will make a significant difference to the market.
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