molecular
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August 04, 2012, 11:39:19 PM |
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Going up a coupla bucks ain't a rally. It's just the slow growth of a few enlightened people getting what Bitcoin is about. There won't be a rally until something major happens.
like a media-hype because journalists realize @$30 that bitcoin somehow survived? |
PGP key molecular F9B70769 fingerprint 9CDD C0D3 20F8 279F 6BE0 3F39 FC49 2362 F9B7 0769
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"Governments are good at cutting off the heads of a centrally
controlled
networks like Napster, but pure P2P networks like Gnutella and Tor seem
to be holding their own." -- Satoshi
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Hexadecibel
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I still <3 u Satoshi
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August 04, 2012, 11:41:56 PM |
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I think there is some truth to that. The joe-blow media will pay attention again once bitcoin reaches new all-time highs.
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cbeast
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Let's talk governance, lipstick, and pigs.
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August 04, 2012, 11:42:31 PM |
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Even journalists will need a major event to report on. It's coming soon I think.
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Any significantly advanced cryptocurrency is indistinguishable from Ponzi Tulips.
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n8rwJeTt8TrrLKPa55eU
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August 05, 2012, 03:27:36 PM |
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like a media-hype because journalists realize @$30 that bitcoin somehow survived?
This will be really significant, because one of the supposed ways in which you can retroactively define something as a "bubble" (or ponzi) is that, after bursting, it does not recover for a very long time (if at all). So if Bitcoin were to retake the 30s anytime soon, it would forcibly shut up and discredit anyone using (or who has used) ad-hominems like "bubble" or "ponzi" to attack it. |
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fcmatt
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August 06, 2012, 12:19:49 AM |
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like a media-hype because journalists realize @$30 that bitcoin somehow survived?
This will be really significant, because one of the supposed ways in which you can retroactively define something as a "bubble" (or ponzi) is that, after bursting, it does not recover for a very long time (if at all). So if Bitcoin were to retake the 30s anytime soon, it would forcibly shut up and discredit anyone using (or who has used) ad-hominems like "bubble" or "ponzi" to attack it. Or existing people to bitcoin have short term memory problem and new people to bitcoin do not care that history tends to repeat itself. Selling what i mine daily here. Good times again. |
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mem
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August 06, 2012, 01:52:36 PM |
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Someone has accidentally fatfingered the "Buy it all" button.  Coming soon: Mt. Gox dialing wands, patent pending.  |
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TraderTimm
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August 06, 2012, 06:00:55 PM |
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I can't wait for us to surpass the old highs - if only to stop the idiot "bubble-heads" that come crawling out of the woodwork every time we advance in valuation.
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fortitudinem multis - catenum regit omnia
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proudhon
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August 06, 2012, 06:05:32 PM |
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I can't wait for us to surpass the old highs - if only to stop the idiot "bubble-heads" that come crawling out of the woodwork every time we advance in valuation.
You're going to be waiting for looooooooooong time. |
Bitcoin Fact: the price of bitcoin will not be greater than $70k for more than 25 consecutive days at any point in the rest of recorded human history.
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Piper67
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August 06, 2012, 06:27:16 PM |
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I can't wait for us to surpass the old highs - if only to stop the idiot "bubble-heads" that come crawling out of the woodwork every time we advance in valuation.
You're going to be waiting for looooooooooong time. Yup, we've already reached the 2012 high of $7.2... oh, hang on...  |
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TraderTimm
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August 06, 2012, 07:46:47 PM |
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You're going to be waiting for looooooooooong time.
Care to give me an over/under on that? I'm curious. |
fortitudinem multis - catenum regit omnia
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ElectricMucus
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Marketing manager - GO MP
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August 06, 2012, 10:21:54 PM |
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You're going to be waiting for looooooooooong time.
Care to give me an over/under on that? I'm curious. something similar probably...  |
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SkRRJyTC
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August 06, 2012, 11:22:23 PM |
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You're going to be waiting for looooooooooong time.
Care to give me an over/under on that? I'm curious. something similar probably... Looks like we are where silver was in 2006... sounds good to me  |
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TraderTimm
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August 07, 2012, 06:33:52 AM |
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Hah, I ask for odds and he gives me a silver chart... Okay, lets just buckle in then and see what happens |
fortitudinem multis - catenum regit omnia
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ElectricMucus
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Marketing manager - GO MP
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August 07, 2012, 07:00:37 AM |
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You might compress the timescales or not. I admit this is kind of convenient from a prediction standpoint because it gives 2 different results. Also I am not proudhon  |
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Gyrsur
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Bitcoin Legal Tender Countries: 2 of 206
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August 09, 2012, 11:47:21 AM |
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molecular
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August 09, 2012, 12:15:42 PM |
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 lol, no sellers or some glitch? |
PGP key molecular F9B70769 fingerprint 9CDD C0D3 20F8 279F 6BE0 3F39 FC49 2362 F9B7 0769
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dancupid
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August 09, 2012, 06:22:42 PM |
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lol, no sellers or some glitch? No sellers, but no-one is seriously going to buy since no one wants to sell - it's something of a standoff. |
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thezerg
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August 10, 2012, 03:51:31 PM |
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Its funny, I was just about to post that we were trending down -- asks above 5 have declined by about 200k, bids below 15 increasing. But I just wrote one other comment and bam! the 11.06 weakness evoked a real 5k+ askwall that already pushed the price to 11.50!
EDIT: That wall got eaten down to 2k pretty quickly but 5 minutes later was built back with another 5k bid -- somebody is seriously accumulating at or below 11.50.
EDIT2: Whoops! Another 7k just added to the wall!
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sunnankar
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August 10, 2012, 04:46:01 PM |
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EDIT: That wall got eaten down to 2k pretty quickly but 5 minutes later was built back with another 5k bid -- somebody is seriously accumulating at or below 11.50.
EDIT2: Whoops! Another 7k just added to the wall!
You don't say? |
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TraderTimm
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August 10, 2012, 05:58:29 PM |
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Pretty cool, had to draw a secondary trend-line since we've been diverging from the original. (From around the 8.50 area 11 days ago.) So, primary support at 11.00 with the longer term trendline suggesting another level around 10.00
Interesting to watch...
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fortitudinem multis - catenum regit omnia
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