|
ineededausername
|
 |
September 20, 2011, 02:32:44 AM |
|
We've hit the long term support. If Bitcoin goes under this, it is doomed. I have confidence that it will not.
|
(BFL)^2 < 0
|
|
|
|
|
|
According to NIST and ECRYPT II, the cryptographic algorithms used in
Bitcoin are expected to be strong until at least 2030. (After that, it
will not be too difficult to transition to different algorithms.)
|
|
|
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
|
|
|
|
|
RyNinDaCleM
Legendary
 Offline
Activity: 2408
Merit: 1009
Legen -wait for it- dary
|
|
September 20, 2011, 02:33:56 AM |
|
Damned resistance at $5.64 is keeping prices low. I hope it turns out to be partially fake or something.
I know! Why won't they pull the sell bids back a little? |
|
|
|
|
johnj
|
|
September 20, 2011, 02:40:53 AM |
|
Damned resistance at $5.64 is keeping prices low. I hope it turns out to be partially fake or something.
I know! Why won't they pull the sell bids back a little? Less than 24hrs ago the price was $4.90. Give them some time to get used to the bulls. |
1AeW7QK59HvEJwiyMztFH1ubWPSLLKx5ym
TradeHill Referral TH-R120549
|
|
|
|
Minsc
|
|
September 20, 2011, 02:41:48 AM |
|
However, this time I think we have sufficient pressure to eventually break the resistance. The technicals are looking great.
The charts you mean? You know every time the price gets a predictable pattern, it then changes and never does the same pattern again? |
1DcXvfJdeJch9uptKopte5XQarTtj5ZjpL
|
|
|
|
Minsc
|
|
September 20, 2011, 02:44:32 AM |
|
if by weak holders you mean a significant amount of miners constantly selling their btc like clockwork.. ok then!
I think this is only a small portion of miners. Most of the ones I've talked to say they aren't selling, like this guy begging for bitcoins when he has 23,000. (Last time I had coins, I had less than 100) If most miners sold, I think the price would just tank to under $1. |
1DcXvfJdeJch9uptKopte5XQarTtj5ZjpL
|
|
|
Rassah
Legendary
Offline
Activity: 1680
Merit: 1035
|
|
September 20, 2011, 03:12:33 AM |
|
if by weak holders you mean a significant amount of miners constantly selling their btc like clockwork.. ok then!
I think this is only a small portion of miners. Most of the ones I've talked to say they aren't selling, like this guy begging for bitcoins when he has 23,000. (Last time I had coins, I had less than 100) If most miners sold, I think the price would just tank to under $1. I'm mining, and buying more instead of selling. So you're likely correct. |
|
|
|
|
RyNinDaCleM
Legendary
Offline
Activity: 2408
Merit: 1009
Legen -wait for it- dary
|
|
September 20, 2011, 03:44:16 AM |
|
I mine, and trade! All in effort to amass some BTC! What I have in the exchange is always more than I put in! I pull the *extra* back out and continue, leaving the initial amount in my account!
|
|
|
|
fcmatt
Legendary
Offline
Activity: 2072
Merit: 1001
|
|
September 20, 2011, 04:05:13 AM |
|
you guys make it sound like no one has to pay for electricity, cooling, space, etc... it sucks a lot of money out of bitcoin everyday.
|
|
|
|
|
RyNinDaCleM
Legendary
Offline
Activity: 2408
Merit: 1009
Legen -wait for it- dary
|
|
September 20, 2011, 04:13:34 AM |
|
... it sucks a lot of money out of bitcoin everyday.
So does Gox! ; ) |
|
|
|
mmortal03
Legendary
Offline
Activity: 1762
Merit: 1010
|
|
September 20, 2011, 09:56:22 AM |
|
If it is as many are hoping, we may have finally reached the true bottom after a 3-4 month correction. It may have never been a bubble, just a correction. We just reached another new daily high less then 5 minutes ago so BUY BUY BUY!
This is one they're probably looking at (the 365 day SMA line in purple):  |
|
|
|
|
HostFat
Staff
Legendary
Offline
Activity: 4214
Merit: 1203
I support freedom of choice
|
|
September 20, 2011, 10:00:43 AM |
|
If the team release the new v0.4.0 client on next few days, I think that the faith on Bitcoin will grow as the price  |
|
|
|
|
