Bitcoin Forum
December 04, 2016, 04:23:09 PM *
News: Latest stable version of Bitcoin Core: 0.13.1  [Torrent].
 
   Home   Help Search Donate Login Register  
Pages: [1] 2 »  All
  Print  
Author Topic: Bitcoin will not turn......  (Read 2518 times)
proudhon
Legendary
*
Offline Offline

Activity: 1148



View Profile
November 09, 2011, 08:39:46 PM
 #1

1480868589
Hero Member
*
Offline Offline

Posts: 1480868589

View Profile Personal Message (Offline)

Ignore
1480868589
Reply with quote  #2

1480868589
Report to moderator
1480868589
Hero Member
*
Offline Offline

Posts: 1480868589

View Profile Personal Message (Offline)

Ignore
1480868589
Reply with quote  #2

1480868589
Report to moderator
1480868589
Hero Member
*
Offline Offline

Posts: 1480868589

View Profile Personal Message (Offline)

Ignore
1480868589
Reply with quote  #2

1480868589
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1480868589
Hero Member
*
Offline Offline

Posts: 1480868589

View Profile Personal Message (Offline)

Ignore
1480868589
Reply with quote  #2

1480868589
Report to moderator
ElectricMucus
Legendary
*
Offline Offline

Activity: 1540


Drama Junkie


View Profile
November 09, 2011, 08:58:20 PM
 #2


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.
bitclown
Full Member
***
Offline Offline

Activity: 186


View Profile
November 09, 2011, 10:48:43 PM
 #3

Yeah, we're all probably scrutinizing things a little too much and that, in turn, is causing some market fluctuations.  Let's all relax, and maybe buy a pair of alpaca socks.
proudhon
Legendary
*
Offline Offline

Activity: 1148



View Profile
November 09, 2011, 10:49:25 PM
 #4

proudhon
Legendary
*
Offline Offline

Activity: 1148



View Profile
November 10, 2011, 12:24:25 PM
 #5

Looks like the next leg down has begun.
wobber
Legendary
*
Offline Offline

Activity: 1050


View Profile
November 10, 2011, 01:30:22 PM
 #6

Looks like the next leg down has begun.

Yes. I introduced some friends that have years of trading experience and they had the same feeling on bitcoin. And while talking about this bitcoin thing they said "well, many stocks gone from $100 to $1 in matter of weeks, no need to panic. When stocks go really bottom, scavengers come and buy massively, reviving the stocks"

If you hate me, you can spam me here: 19wdQNKjnATkgXvpzmSrkSYhJtuJWb8mKs
gewure
Sr. Member
****
Offline Offline

Activity: 364


[#][#][#]


View Profile
November 10, 2011, 02:44:22 PM
 #7

Looks like the next leg down has begun.

Yes. I introduced some friends that have years of trading experience and they had the same feeling on bitcoin. And while talking about this bitcoin thing they said "well, many stocks gone from $100 to $1 in matter of weeks, no need to panic. When stocks go really bottom, scavengers come and buy massively, reviving the stocks"

sounds legit. for now im also not willing to liquidate my short position on bitcoinica Smiley i speculate for more downside to come. 
depending on how far it goes down, im feeling very bullish then. longterm bullish.
wobber
Legendary
*
Offline Offline

Activity: 1050


View Profile
November 10, 2011, 03:58:43 PM
 #8

I am very curious to see if it will go lower than 2.00. I'm pretty sure it will go lower than 2.04 but can't really tell if we can break the 1.xx psychological barrier.

If you hate me, you can spam me here: 19wdQNKjnATkgXvpzmSrkSYhJtuJWb8mKs
gimme_bottles
Sr. Member
****
Offline Offline

Activity: 314



View Profile
November 10, 2011, 08:33:52 PM
 #9

I am very curious to see if it will go lower than 2.00. I'm pretty sure it will go lower than 2.04 but can't really tell if we can break the 1.xx psychological barrier.
i guess the drop will be bigger than the last one, leading us to 1.4-1.7

1Gk194CHEgFPbh8gEM7agMNRXeWkfw2Fv7
Nagle
Legendary
*
Offline Offline

Activity: 1204


View Profile WWW
November 10, 2011, 10:06:24 PM
 #10

Looks like the next leg down has begun.

Yes. I introduced some friends that have years of trading experience and they had the same feeling on bitcoin. And while talking about this bitcoin thing they said "well, many stocks gone from $100 to $1 in matter of weeks, no need to panic. When stocks go really bottom, scavengers come and buy massively, reviving the stocks"
It's sometimes worthwhile buying up the stock of a company whose stock has tanked, to sell off the assets.

Bitcoin isn't a stock.  With Bitcoin, there are no assets to liquidate.
proudhon
Legendary
*
Offline Offline

Activity: 1148



View Profile
November 10, 2011, 10:08:19 PM
 #11

My vote is into the 1s.  I'm feeling.... $1.742394.  This is going to be fun to watch.
ArsenShnurkov
Legendary
*
Offline Offline

Activity: 1386



View Profile
November 10, 2011, 10:14:42 PM
 #12

My vote is into the 1s.  I'm feeling.... $1.742394.  This is going to be fun to watch.

There is no need to feed GPU miners.
Right now we are able to secure the network at the cost of $0.35 per bitcoin:
At the current difficulty, it should be around $0.35/BTC.
Bitcoin should fall to $0.7.
GPU miners should stop to pollute the planet!
Cluster2k
Legendary
*
Offline Offline

Activity: 1512


View Profile
November 10, 2011, 10:47:25 PM
 #13

Looks like the next leg down has begun.

Yes. I introduced some friends that have years of trading experience and they had the same feeling on bitcoin. And while talking about this bitcoin thing they said "well, many stocks gone from $100 to $1 in matter of weeks, no need to panic. When stocks go really bottom, scavengers come and buy massively, reviving the stocks"

I would like to see a stock that has fallen 99% and then been bought and revived on a massive scale.  Government intervention because the CEO declared his business 'too big to fail' not included.

Do not send bitcoins to me: 16b8s7pBJ9rUmsExNW25qD5VUqVqRPZuXu
100% solar powered bitcoin generation
Vandroiy
Legendary
*
Offline Offline

Activity: 1036


View Profile
November 10, 2011, 11:11:18 PM
 #14

Wow, this is quite the bear party. A drop below 1 would be about 65% down again, that's quite heavy even for Bitcoin.

I like how the market is more liquid now, with short-selling and all that going on. And how there are many bull-bear hybrids now, who don't only argue one way. I'm not selling any now. It's less likely the trend stops right away, but if it does, there's quite a possible upside.

I don't really know whether I want it to go up or down right away. It's an immediate loss if it goes down, but then again, I do have some more money I'd spend on cheap coins.
ElectricMucus
Legendary
*
Offline Offline

Activity: 1540


Drama Junkie


View Profile
November 10, 2011, 11:21:41 PM
 #15

I like how the market is more liquid now, with short-selling and all that going on. And how there are many bull-bear hybrids now, who don't only argue one way. I'm not selling any now. It's less likely the trend stops right away, but if it does, there's quite a possible upside.

Nope, the upside is minimal, I estimate it to be around 7 at the most. People would have to stop playing the greater fool game and start building an economy.

If this happens bitcoin would turn, not sooner, not later and under no other circumstances.

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.
Vandroiy
Legendary
*
Offline Offline

Activity: 1036


View Profile
November 11, 2011, 12:11:21 AM
 #16

That's the true Bitcoiners, estimating a possible >130% rise and calling it a "minimal upside". Grin

I lol'd.
miscreanity
Legendary
*
Offline Offline

Activity: 1078


View Profile
November 11, 2011, 12:37:02 AM
 #17

It's sometimes worthwhile buying up the stock of a company whose stock has tanked, to sell off the assets.

Bitcoin isn't a stock.  With Bitcoin, there are no assets to liquidate.

You're looking in the wrong place. Only relative value is indicated by exchange rates.

Facebook is a company that offers a service. The value of its assets is negligible compared to that service.

Bitcoin is also a service, but the service is provided by the existence of the network; the value is the system itself.

Awareness and adoption are the only barriers to an increase in exchange rate valuation.
ElectricMucus
Legendary
*
Offline Offline

Activity: 1540


Drama Junkie


View Profile
November 11, 2011, 12:45:14 AM
 #18

Don't worry about Nagle he is either stuck in the 00s/ Not really who he claims he is and a troll.

There are irrational Bulls and irrational Bears, he's a great example of the latter kind.

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.
trogdorjw73
Hero Member
*****
Offline Offline

Activity: 481


View Profile WWW
November 11, 2011, 02:32:02 AM
 #19

It's going to take a lot to push down into the low 2's now; right now old_engineer seems to be getting his wish of hovering around the $3 mark. We went down earlier today, but now we seem to be trending back up.

Dan The Man
Sr. Member
****
Offline Offline

Activity: 336



View Profile
November 11, 2011, 02:37:12 AM
 #20

It's going to take a lot to push down into the low 2's now; right now old_engineer seems to be getting his wish of hovering around the $3 mark. We went down earlier today, but now we seem to be trending back up.

Can you predict yesterday's weather too?

Pages: [1] 2 »  All
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!