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Author Topic: Quiet before the storm?  (Read 1668 times)
FlipPro
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August 19, 2011, 08:38:37 AM
 #1

 Smiley?

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August 19, 2011, 09:29:12 AM
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Assuming there IS a media blitz following the convention (which is really only Saturday), and those news stories show up Saturday night, Sunday and Monday, when will the price of BTC peak?

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August 19, 2011, 09:33:06 AM
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there will be no peak, it will just keep going higher and higher

Smiley ;/)
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August 19, 2011, 09:41:41 AM
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To bad the SSL certificate of Tradehill is acting weird and may be affecting the price.

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August 19, 2011, 12:28:41 PM
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Assuming there IS a media blitz following the convention (which is really only Saturday), and those news stories show up Saturday night, Sunday and Monday, when will the price of BTC peak?

I doubt the stories will go to air Saturday, Sunday and Monday... more like Monday, sometime in the week and some time in the next month... which is really all good, actually, as it will keep the momentum going.

The bitcoin conference is an interesting piece of news, but not as timely as the Dow collapse, or the suicide attacks in Kabul.

Also, don't forget some print media will cover it as well. That means some articles appearing on the online versions of those publications.

Then you have to factor in the delay in setting up accounts with tradehill, mtgox, etc... funding those accounts, buying BTC. I doubt we'll see an explosion due to the conference, more like a steady rise.
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August 19, 2011, 12:35:18 PM
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Assuming there IS a media blitz following the convention (which is really only Saturday), and those news stories show up Saturday night, Sunday and Monday, when will the price of BTC peak?

I doubt the stories will go to air Saturday, Sunday and Monday... more like Monday, sometime in the week and some time in the next month... which is really all good, actually, as it will keep the momentum going.

The bitcoin conference is an interesting piece of news, but not as timely as the Dow collapse, or the suicide attacks in Kabul.

Also, don't forget some print media will cover it as well. That means some articles appearing on the online versions of those publications.

Then you have to factor in the delay in setting up accounts with tradehill, mtgox, etc... funding those accounts, buying BTC. I doubt we'll see an explosion due to the conference, more like a steady rise.

There's also the possibility that the conference doesn't really make it into the media because bitcoin is so, like, May 2011.
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August 19, 2011, 12:43:17 PM
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Assuming there IS a media blitz following the convention (which is really only Saturday), and those news stories show up Saturday night, Sunday and Monday, when will the price of BTC peak?

I doubt the stories will go to air Saturday, Sunday and Monday... more like Monday, sometime in the week and some time in the next month... which is really all good, actually, as it will keep the momentum going.

The bitcoin conference is an interesting piece of news, but not as timely as the Dow collapse, or the suicide attacks in Kabul.

Also, don't forget some print media will cover it as well. That means some articles appearing on the online versions of those publications.

Then you have to factor in the delay in setting up accounts with tradehill, mtgox, etc... funding those accounts, buying BTC. I doubt we'll see an explosion due to the conference, more like a steady rise.

There's also the possibility that the conference doesn't really make it into the media because bitcoin is so, like, May 2011.

If they send the crews, they'll air the story. Bitcoin might be May 2011 to us, but 9 out of 10 people on the street have never heard of it... if there are any camera crews there tomorrow, the story will go to air some time.
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August 19, 2011, 01:00:54 PM
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I'm sure the media would love to talk about a currency which is completely untied to any countries economy. In the current economic climate when almost all investors are running around screaming "us economy recedes europe is about to blow up where do I put my money" it's an alternative that at least deserves the coverage.

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August 19, 2011, 01:16:07 PM
 #9

I doubt the conference will get press beyond the blogosphere. I could care less what the public thinks right now, I'm more interested in hearing about new product development.

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August 19, 2011, 02:05:03 PM
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How long until we start seeing some live streaming somewhere? I'd like to tune in.

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August 19, 2011, 02:20:56 PM
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Assuming there IS a media blitz following the convention (which is really only Saturday), and those news stories show up Saturday night, Sunday and Monday, when will the price of BTC peak?

I doubt the stories will go to air Saturday, Sunday and Monday... more like Monday, sometime in the week and some time in the next month... which is really all good, actually, as it will keep the momentum going.

The bitcoin conference is an interesting piece of news, but not as timely as the Dow collapse, or the suicide attacks in Kabul.

Also, don't forget some print media will cover it as well. That means some articles appearing on the online versions of those publications.

Then you have to factor in the delay in setting up accounts with tradehill, mtgox, etc... funding those accounts, buying BTC. I doubt we'll see an explosion due to the conference, more like a steady rise.

Remember funding has gotten alot faster since ExchB has started accepting deposits at bank locations.
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August 19, 2011, 03:00:37 PM
 #12

Assuming there IS a media blitz following the convention (which is really only Saturday), and those news stories show up Saturday night, Sunday and Monday, when will the price of BTC peak?

I doubt the stories will go to air Saturday, Sunday and Monday... more like Monday, sometime in the week and some time in the next month... which is really all good, actually, as it will keep the momentum going.

The bitcoin conference is an interesting piece of news, but not as timely as the Dow collapse, or the suicide attacks in Kabul.

Also, don't forget some print media will cover it as well. That means some articles appearing on the online versions of those publications.

Then you have to factor in the delay in setting up accounts with tradehill, mtgox, etc... funding those accounts, buying BTC. I doubt we'll see an explosion due to the conference, more like a steady rise.

Remember funding has gotten alot faster since ExchB has started accepting deposits at bank locations.

Yes, it's true, but they're still just a fraction of the volume at MtGox, which will be the driving force... Give them a few weeks, though, and they may give mtgox and TH a run for their money.
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August 19, 2011, 05:15:37 PM
 #13

you people are still at the peak of inflated expectations, the rest of the world is already at the through of disillusionment.

All those graphs follow the same pattern:






And guess what's next  Shocked


However as other people said this is only the first hype cycle. There will be another, bigger one after this one, and so on...

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.
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Kupo!


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August 19, 2011, 07:20:50 PM
 #14

Is Bitcoin the Only 'Safe-Haven' Investment Left? Cheesy

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August 19, 2011, 07:49:27 PM
 #15

.

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infested999
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August 19, 2011, 07:54:14 PM
 #16

Can someone put the Google Trends graph and the mtGox price graph ontop of each other. Then stretch the image out so that they both have the same timeline at the bottom so we can see the trends/price correlation.

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August 19, 2011, 10:20:44 PM
 #17

Serious investors surely know about most asset classes becoming highly correlated to each other in last few years. Everything moves together (almost).

Bitcoin is principally new asset class which is not highly correlated to anything else. It is a must have in any balanced portfolio.

Once the investing crowd recognises this simple truth, there will be another shark's feeding frenzy.


Completely agree.

Much is made about how bitcoin is valued compared to other currencies, but its real strength is its immunity to political or monetary policy pressure. This is one to have in your portfolio, no doubt. Call it "Sovereign Insurance".


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