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RustyShackleford1950
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July 22, 2013, 06:16:02 AM |
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So Primecoin seems to be climbing in price. How high can we expect to see it reach? is 0.5BTC+ possible? I can see this coin being what Bitbar was supposedly meant to be valued at.
Exactly my thoughts, why would BTB be worth more tha XPM, or NVC for that matter. Because there's only 4500BTB (with an extremely limited supply growth), compared to 1,000,000 XPM (constant money supply). Both are great in their own respects. |
On keyboard, the big d, rusty shackleford
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bybitcoin
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July 22, 2013, 06:47:31 AM |
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My technical analysis says that XPM price will drop 40% or more soon, be careful  |
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jubalix
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Activity: 2618
Merit: 1022
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July 22, 2013, 07:30:02 AM |
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So Primecoin seems to be climbing in price. How high can we expect to see it reach? is 0.5BTC+ possible? I can see this coin being what Bitbar was supposedly meant to be valued at.
Exactly my thoughts, why would BTB be worth more tha XPM, or NVC for that matter. Because there's only 4500BTB (with an extremely limited supply growth), compared to 1,000,000 XPM (constant money supply). Both are great in their own respects. but what does BTB offer that say bitcoin does not except a more insecure blockchain.....? and less dev's thus why would I use BTB to store any value? |
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mr_random
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July 22, 2013, 08:01:23 AM |
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Market cap is the best indicator apart from extreme artificial examples.
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Lauda
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Terminated.
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July 22, 2013, 10:23:51 AM |
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Marketcap isn't that good an indicator for any coin because you don't know how many coins truly are available. Take Bitcoin for instance, millions of them are lost and will never be recovered, but everyone still uses the ~11 million number to calculate its market cap. Bit silly if you ask me.
I think the biggest factor for any currency is how much money is chasing it. In primecoins case the total amount of Bitcoin on offer at any one time is a good indicator of the strength of the price.
There is a lot of lost or destroyed fiat too so.. |
"The Times 03/Jan/2009 Chancellor on brink of second bailout for banks" 😼 Bitcoin Core ( onion) |
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ManBearPig
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July 22, 2013, 10:37:54 AM |
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My technical analysis says that XPM price will drop 40% or more soon, be careful The two problems I have with this are that: a) TA in a nascent market is a little foolish. b) It's YOUR TA. |
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Lauda
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Activity: 2674
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Terminated.
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July 22, 2013, 11:30:18 AM |
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My technical analysis says that XPM price will drop 40% or more soon, be careful The two problems I have with this are that: a) TA in a nascent market is a little foolish. b) It's YOUR TA. Yes since the supply keeps dropping the price should drop once the coin becomes more rare, because F* logic .. |
"The Times 03/Jan/2009 Chancellor on brink of second bailout for banks" 😼 Bitcoin Core ( onion) |
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bybitcoin
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July 22, 2013, 01:23:02 PM |
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You better say: "I don't believe your TA, because I am a mother fucker speculator-miner and have bunch of XPM kept for the rise.." That TA is more like Astrology and not science makes more sense and I may agree, but all the other dearest speculator-piece of shits, be quiet and keep looking and dreaming the rise you desire much |
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bybitcoin
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July 22, 2013, 02:00:10 PM |
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I d just posted that to strike you dear "pump and dump" speculators-pyramid-ponzi-cheaters who are trying to manipulate the price.. Otherwise I don't take a fuck of care about XPM price drop or rise or even the pseudo-science technical analysis.. Just was interesting to see how tiny and bum your speculation-mentality-spirit is |
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Cyberdyne
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July 22, 2013, 02:00:33 PM |
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Is technical analysis ever useful? It always sounded like astrology to me.
It's useful just like astrology. It works because people believe it does. |
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broken_pixel
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July 22, 2013, 02:11:38 PM |
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Is technical analysis ever useful? It always sounded like astrology to me.
It's useful just like astrology. It works because people believe it does. Astrology is more accurate than you believe. |
GA-990FXA-UD5, 1x 7970L, 2x S1, AX1200i, RIVBE, 2x R290x, NEX1500, BTC: 1G9cQix8bMgh35MQ9wY3Rb9yNSSCtnoRmK, DGC: DFo9FcKYsutv9Vx5c5xUzkrt7VJdECZWTM, LTC: LaAN33aktPGaimN5ALL9kjHjuJekfmKfTh
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Cyberdyne
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July 22, 2013, 02:15:25 PM |
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Is technical analysis ever useful? It always sounded like astrology to me.
It's useful just like astrology. It works because people believe it does. Astrology is more accurate than you believe. No, it's exactly as accurate as I believe it is. That's how astrology works |
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PoolMinor
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XXXVII Fnord is toast without bread
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July 22, 2013, 05:14:19 PM |
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Be careful, as I know much more than the forum average about prime numbers (have a graduate degree of math from Berkeley, with Number Theory specialization)
Difficulty was about 4 yesterday as I looked into, and I've had a quick glance on the paper the first day it launched, initial difficulty was not mentioned there. one doesn't need the fuck to know about the initial mining difficulty to review and critique the building structure of a coin.
My technical analysis says that XPM price will drop 40% or more soon, be careful....
Otherwise I don't take a fuck of care about XPM price drop or rise or even the pseudo-science technical analysis.....
Be careful of people that say they have graduate degrees because they tend to not care so much about reading the paper that explains the use of the coin that they are trying to "speculate." -PoolMinor |
Btc=C2MF Free BTC Poker Being defeated is often a temporary condition. Giving up is what makes it permanent. -Marilyn vos Savant
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bybitcoin
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July 22, 2013, 06:07:05 PM |
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Be careful, as I know much more than the forum average about prime numbers (have a graduate degree of math from Berkeley, with Number Theory specialization)
Difficulty was about 4 yesterday as I looked into, and I've had a quick glance on the paper the first day it launched, initial difficulty was not mentioned there. one doesn't need the fuck to know about the initial mining difficulty to review and critique the building structure of a coin.
My technical analysis says that XPM price will drop 40% or more soon, be careful....
Otherwise I don't take a fuck of care about XPM price drop or rise or even the pseudo-science technical analysis.....
Be careful of people that say they have graduate degrees because they tend to not care so much about reading the paper that explains the use of the coin that they are trying to "speculate." -PoolMinor Some people read the paper before hastily jumping in to mine and keep for "bump and dump" and meanwhile blindly and stupidly defending the thing invested in like a bum, like a PoolMiner. About people claiming to have graduate degree, I am not going to discuss it with an average miner like you but if I invite everyone to post Number Theory question, so I ll be able to answering them in the quickest manner. And about TA analysis, I mentioned before, it was a joke to make bum-spirited bump and dump speculators including you angry. Seems I have succeeded |
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bybitcoin
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July 22, 2013, 09:16:38 PM |
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Seems my technical analysis became true (I just joked about it to make dirty bump-dumpers angry) Price is ~$0.60 at the moment!
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n4ru
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July 22, 2013, 11:10:12 PM |
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Seems my technical analysis became true (I just joked about it to make dirty bump-dumpers angry) Price is ~$0.60 at the moment!
Wrong reasons, was a network issue that broke trust temporarily. I agree price will def drop though. |
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Arbitrageur
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September 18, 2013, 07:27:09 PM |
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bottom callers?
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