TERA
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January 06, 2014, 05:24:49 PM |
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I'm noticing a trend where every time there is a crash, some agency sneaks in, accumulates a ton of coins and never sells. After the crash, this leaves the books having even more USD and less btc than before the crash. This trend started with silk road.
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alexeft
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January 06, 2014, 05:25:07 PM |
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There is no incentive for anyone to sell, why would anyone sell Bitcoin when it's about to witness it's greatest year ever ? The fear of Bitcoin dying/failing has gone, people have never been as confident about Bitcoin as ever before.
This!
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ElectricMucus
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Marketing manager - GO MP
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January 06, 2014, 05:31:20 PM |
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Keep with this hodl bullshit and you are sure to have no fiat when you'll need it.
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jubalix (OP)
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January 06, 2014, 05:37:43 PM |
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That's exactly the point of hodling. Prices rise due to higher demand than supply.
you forgot the whole NEED part hodling amplifies the price but the base value comes from its usability well yes but as long as you properly populate the the attributes of its usability, being able to send, $136 million, or some other large amount, to any one anytime for well in that case free, across any border, oh and buy a coffee if you want. These attributes allow it to replace at least half of all banks, now add up the value of just that. Infrastructure, IT, wages, property etc etc. You have your x Trillion right there....alone
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jubalix (OP)
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January 06, 2014, 05:39:44 PM |
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Keep with this hodl bullshit and you are sure to have no fiat when you'll need it.
why many of "we" only invest what we can loose? I can buy goods and services in BTC. It just means Hodl from fiat.
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vdcc
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January 06, 2014, 05:47:40 PM Last edit: January 06, 2014, 06:53:03 PM by vdcc |
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Also, larger BTC holders looking to sell will get a better price when selling off the markets to funds like the BIT, this will happen more and more.
Overall I'd guess the supply that's for sale has gotten slimmer, but it's harder to determine the supply than in the past and it will keep getting harder than in the past.
Nobody sane will pay more for BTC off exchange. Whales, funds, etc. especially There is no incentive for anyone to sell, why would anyone sell Bitcoin when it's about to witness it's greatest year ever ? The fear of Bitcoin dying/failing has gone, people have never been as confident about Bitcoin as ever before.
Selling = using = adoption = greatest year ever. Hodling = not using = modest adoption = same or little better than last year (at best), but with even more volatility (and that's bad longterm)
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jubalix (OP)
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January 06, 2014, 06:18:55 PM |
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Also, larger BTC holders looking to sell will get a better price when selling off the markets to funds like the BIT, this will happen more and more.
Overall I'd guess the supply that's for sale has gotten slimmer, but it's harder to determine the supply than in the past and it will keep getting harder than in the past.
Nobody sane will pay more for BTC off exchange. Whales, funds, etc. especially There is no incentive for anyone to sell, why would anyone sell Bitcoin when it's about to witness it's greatest year ever ? The fear of Bitcoin dying/failing has gone, people have never been as confident about Bitcoin as ever before.
Selling = using = adoptation = greatest year ever. Hodling = not using = modest adoptation = same or little better than last year (at best), but with even more volatility (and that's bad longterm) I'm not so sure it its BTC has capital "S" store of value (PeerCoin is likely better at this though). This does not rely on adoption of coffee shops. Also volatility is not bad neither are speculators.
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T.Stuart
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January 06, 2014, 06:21:59 PM |
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Keep with this hodl bullshit and you are sure to have no fiat when you'll need it.
why many of "we" only invest what we can loose? I can buy goods and services in BTC. It just means Hodl from fiat. +1
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MAbtc
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January 06, 2014, 06:23:32 PM |
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With all those bit coin days destroyed one could theorize a huge purchase of XXX,XXX coins occurred by fortress or something which averted an entire bear market worth of coins on exchanges.
Didn't that huge spike coincide with 400k oldish coins moving from a single address? What makes you think a single holder would dump 400k coins on exchanges? Maybe I am misinterpreting.
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vdcc
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January 06, 2014, 06:26:36 PM |
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Also, larger BTC holders looking to sell will get a better price when selling off the markets to funds like the BIT, this will happen more and more.
Overall I'd guess the supply that's for sale has gotten slimmer, but it's harder to determine the supply than in the past and it will keep getting harder than in the past.
Nobody sane will pay more for BTC off exchange. Whales, funds, etc. especially There is no incentive for anyone to sell, why would anyone sell Bitcoin when it's about to witness it's greatest year ever ? The fear of Bitcoin dying/failing has gone, people have never been as confident about Bitcoin as ever before.
Selling = using = adoptation = greatest year ever. Hodling = not using = modest adoptation = same or little better than last year (at best), but with even more volatility (and that's bad longterm) I'm not so sure it its BTC has capital "S" store of value (PeerCoin is likely better at this though). This does not rely on adoption of coffee shops. Also volatility is not bad neither are speculators. Volatility is real bad. At least for regular people and businesses. But hey, that's not important, like future of btc depends on them...
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skivrmt
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January 06, 2014, 06:30:07 PM |
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Also, larger BTC holders looking to sell will get a better price when selling off the markets to funds like the BIT, this will happen more and more.
Overall I'd guess the supply that's for sale has gotten slimmer, but it's harder to determine the supply than in the past and it will keep getting harder than in the past.
Nobody sane will pay more for BTC off exchange. Whales, funds, etc. especially There is no incentive for anyone to sell, why would anyone sell Bitcoin when it's about to witness it's greatest year ever ? The fear of Bitcoin dying/failing has gone, people have never been as confident about Bitcoin as ever before.
Selling = using = adoptation = greatest year ever. Hodling = not using = modest adoptation = same or little better than last year (at best), but with even more volatility (and that's bad longterm) I'm not so sure it its BTC has capital "S" store of value (PeerCoin is likely better at this though). This does not rely on adoption of coffee shops. Also volatility is not bad neither are speculators. Volatility is real bad. At least for regular people and businesses. But hey, that's not important, like future of btc depends on them... Volatility is bad for merchants wanting to use everyday in their coffee shops, bookstores, etc. Volatility is bad for someone wanting to use this online purchases, ie, Overstock.com. Will they be adjusting the price daily? Hourly? Etc. Is it great for speculators though.
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Ibian
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January 06, 2014, 06:31:26 PM |
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Also, larger BTC holders looking to sell will get a better price when selling off the markets to funds like the BIT, this will happen more and more.
Overall I'd guess the supply that's for sale has gotten slimmer, but it's harder to determine the supply than in the past and it will keep getting harder than in the past.
Nobody sane will pay more for BTC off exchange. Whales, funds, etc. especially There is no incentive for anyone to sell, why would anyone sell Bitcoin when it's about to witness it's greatest year ever ? The fear of Bitcoin dying/failing has gone, people have never been as confident about Bitcoin as ever before.
Selling = using = adoptation = greatest year ever. Hodling = not using = modest adoptation = same or little better than last year (at best), but with even more volatility (and that's bad longterm) I'm not so sure it its BTC has capital "S" store of value (PeerCoin is likely better at this though). This does not rely on adoption of coffee shops. Also volatility is not bad neither are speculators. Volatility is real bad. At least for regular people and businesses. But hey, that's not important, like future of btc depends on them... Volatility is part of the system. An intended part of the system. Get over it. No, excuse me. Get the fuck over it already. (also nobody who accepts bitcoin as payment cares thanks to bitpay so really, shut up)
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Look inside yourself, and you will see that you are the bubble.
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humanitee
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January 06, 2014, 06:32:07 PM |
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Volatility is bad for merchants wanting to use everyday in their coffee shops, bookstores, etc. Volatility is bad for someone wanting to use this online purchases, ie, Overstock.com. Will they be adjusting the price daily? Hourly? Etc.
Is it great for speculators though.
lololol. Bitpay.
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vdcc
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January 06, 2014, 06:35:01 PM |
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Also, larger BTC holders looking to sell will get a better price when selling off the markets to funds like the BIT, this will happen more and more.
Overall I'd guess the supply that's for sale has gotten slimmer, but it's harder to determine the supply than in the past and it will keep getting harder than in the past.
Nobody sane will pay more for BTC off exchange. Whales, funds, etc. especially There is no incentive for anyone to sell, why would anyone sell Bitcoin when it's about to witness it's greatest year ever ? The fear of Bitcoin dying/failing has gone, people have never been as confident about Bitcoin as ever before.
Selling = using = adoptation = greatest year ever. Hodling = not using = modest adoptation = same or little better than last year (at best), but with even more volatility (and that's bad longterm) I'm not so sure it its BTC has capital "S" store of value (PeerCoin is likely better at this though). This does not rely on adoption of coffee shops. Also volatility is not bad neither are speculators. Volatility is real bad. At least for regular people and businesses. But hey, that's not important, like future of btc depends on them... Volatility is part of the system. An intended part of the system. Get over it. No, excuse me. Get the fuck over it already. (also nobody who accepts bitcoin as payment cares thanks to bitpay so really, shut up) I can get over it cause i'm trader, but others won't. And that'll probably kill btc (as a currency and something revolutionary). Btw. if it's intended part of the system, it's a bug, not feature
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humanitee
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January 06, 2014, 06:36:11 PM |
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Also, larger BTC holders looking to sell will get a better price when selling off the markets to funds like the BIT, this will happen more and more.
Overall I'd guess the supply that's for sale has gotten slimmer, but it's harder to determine the supply than in the past and it will keep getting harder than in the past.
Nobody sane will pay more for BTC off exchange. Whales, funds, etc. especially There is no incentive for anyone to sell, why would anyone sell Bitcoin when it's about to witness it's greatest year ever ? The fear of Bitcoin dying/failing has gone, people have never been as confident about Bitcoin as ever before.
Selling = using = adoptation = greatest year ever. Hodling = not using = modest adoptation = same or little better than last year (at best), but with even more volatility (and that's bad longterm) I'm not so sure it its BTC has capital "S" store of value (PeerCoin is likely better at this though). This does not rely on adoption of coffee shops. Also volatility is not bad neither are speculators. Volatility is real bad. At least for regular people and businesses. But hey, that's not important, like future of btc depends on them... Volatility is part of the system. An intended part of the system. Get over it. No, excuse me. Get the fuck over it already. (also nobody who accepts bitcoin as payment cares thanks to bitpay so really, shut up) I can get over it cause i'm trader, but others won't. And that'll probably kill btc (as a currency and something revolutionary). Btw. if it's intended part of the system, it's a bug, not feature lololol. Bitpay.
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| | | Fast, Secure, and Fully
Decentralized Trading | BACKED BY: ─────────────────────────
| BINANCE ─────── LAB | & | █████████████████████████████████ █ ███ █▀ ▀█ ███▀▀▀▀▀████████ ████▀▀███▀ █ █ █████ ▄▄▄▄▄ █ ▀ █ ███ █ ██ █▄ ▀█ ██ █ ▄███ ██████ ███ █████ █ ██ ███ █ ████ ████ ▄ ███ █▄ ▄█▄ ▄█▄ ▀ ████▄ ▄█ ██ ██ ████████████████████████████████████████ |
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MAbtc
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January 06, 2014, 06:36:35 PM |
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Volatility is bad for merchants wanting to use everyday in their coffee shops, bookstores, etc. Volatility is bad for someone wanting to use this online purchases, ie, Overstock.com. Will they be adjusting the price daily? Hourly? Etc.
Is it great for speculators though.
lololol. Bitpay. Ideally, I think, merchants accepting bitcoin ≠ merchants dumping bitcoin for fiat.
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humanitee
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January 06, 2014, 06:38:38 PM |
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Volatility is bad for merchants wanting to use everyday in their coffee shops, bookstores, etc. Volatility is bad for someone wanting to use this online purchases, ie, Overstock.com. Will they be adjusting the price daily? Hourly? Etc.
Is it great for speculators though.
lololol. Bitpay. Ideally, I think, merchants accepting bitcoin ≠ merchants dumping bitcoin for fiat. I don't disagree. To say it will kill bitcoin is retarded though.
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| | | Fast, Secure, and Fully
Decentralized Trading | BACKED BY: ─────────────────────────
| BINANCE ─────── LAB | & | █████████████████████████████████ █ ███ █▀ ▀█ ███▀▀▀▀▀████████ ████▀▀███▀ █ █ █████ ▄▄▄▄▄ █ ▀ █ ███ █ ██ █▄ ▀█ ██ █ ▄███ ██████ ███ █████ █ ██ ███ █ ████ ████ ▄ ███ █▄ ▄█▄ ▄█▄ ▀ ████▄ ▄█ ██ ██ ████████████████████████████████████████ |
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vdcc
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January 06, 2014, 06:40:04 PM |
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And who said it will kill btc?!
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humanitee
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January 06, 2014, 06:42:03 PM |
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And who said it will kill btc?!
And that'll probably kill btc (as a currency and something revolutionary).
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| | | Fast, Secure, and Fully
Decentralized Trading | BACKED BY: ─────────────────────────
| BINANCE ─────── LAB | & | █████████████████████████████████ █ ███ █▀ ▀█ ███▀▀▀▀▀████████ ████▀▀███▀ █ █ █████ ▄▄▄▄▄ █ ▀ █ ███ █ ██ █▄ ▀█ ██ █ ▄███ ██████ ███ █████ █ ██ ███ █ ████ ████ ▄ ███ █▄ ▄█▄ ▄█▄ ▀ ████▄ ▄█ ██ ██ ████████████████████████████████████████ |
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vdcc
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January 06, 2014, 06:44:35 PM |
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You do know that btc now isn't really a currency (and revolutionary, yet, but has potential), but store of value?!
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