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Author Topic: The next 8 to 48 hours?  (Read 3109 times)
kireinaha
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March 27, 2014, 08:20:30 PM
 #21

It's been weird, though - we've had lots of good news recently and it hasn't moved much, but one rumor from China shows up and down we go. :-/

good news?? lol you must be joking. every god damn day has brought bad news for weeks now.

WTF?  I wholeheartedly disagree.

you must be delusional. every day has either brought news of an exchange freezing assets, governments banning bitcoin, or new tax regulations. what's the good news? new ATMs that nobody is using? the news has been overwhelmingly negative since the start of this year.

Night gathers, and now my bitcoinwisdom watch begins.
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segeln
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March 27, 2014, 08:25:58 PM
 #22

you must be delusional. every day has either brought news of an exchange freezing assets, governments banning bitcoin, or new tax regulations. what's the good news? new ATMs that nobody is using? the news has been overwhelmingly negative since the start of this year.
+ 1
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March 27, 2014, 08:29:40 PM
 #23

It's been weird, though - we've had lots of good news recently and it hasn't moved much, but one rumor from China shows up and down we go. :-/

good news?? lol you must be joking. every god damn day has brought bad news for weeks now.

WTF?  I wholeheartedly disagree.

you must be delusional. every day has either brought news of an exchange freezing assets, governments banning bitcoin, or new tax regulations. what's the good news? new ATMs that nobody is using? the news has been overwhelmingly negative since the start of this year.

I'm talking about investments into Bitcoin's infrastructure.  I suppose we likely value certain information differently.  The only news I view as hugely bad is the Mt. Gox fiasco and the perpetual China BS.  I view most of those pieces you've referenced as necessary evils indicitave of Bitcoin's growth and survival.

SlipperySlope
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March 28, 2014, 12:26:43 AM
 #24

I'm not touching my coins. every time I do, the market does the exact fucking oppsoite. every time. that being said, I think we'll be testing the post gox low again within the next few days. dark times ahead, folks.

Ha! I put my paper wallets in a downtown bank safe deposit box - specifically to keep me from trading them. I can of course add more coins to the public address without needing the private key printed on the wallet. I bought some fractional coin a couple of days ago, again this evening, and I plan to test out the two other Bitcoin ATMs in town in the next few days. I love bargains.
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March 28, 2014, 12:29:33 AM
 #25

You must be confused.  This market is being led by China.  They will decide our direction, not BTC-e.

I'm aware of China and their influence will fade in time, just like Gox.
Why should I quote prices in a currency that is not familiar?

Don007
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March 28, 2014, 12:50:39 AM
 #26

I think 400 will be the lowest price we'll see in the next 48 hours. After that, it's going to increase again. Like it Always did.

Got some extra money to spend? Hop on and make some quick cash Smiley.

<< Curently quite inactive as I'm really busy in my private life. I will get back soon! >>
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March 28, 2014, 01:06:46 AM
 #27

I think 400 will be the lowest price we'll see in the next 48 hours. After that, it's going to increase again. Like it Always did.

Got some extra money to spend? Hop on and make some quick cash Smiley.

Live like there's no tomorrow!
Buy like the bottom is already set.  Smiley

Don007
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March 28, 2014, 01:08:00 AM
 #28

That's the spirit! Transferring some money now ^^.

Buying <500 has always been profitable to me, and I'm sure it will again now.

<< Curently quite inactive as I'm really busy in my private life. I will get back soon! >>
-> Your line here during my inactivity? Feel free to PM <-
vpitcher07
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March 28, 2014, 01:17:17 AM
 #29

It'd be fun to get some technical analysis in btc but to be honest it's just too young and unpredictable for that data to even be worthwhile. Moving averages don't mean shit, bollinger bands don't mean shit, the only thing that seems to matter is the mood of the market....

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March 28, 2014, 03:12:19 AM
 #30

That's the spirit! Transferring some money now ^^.

Buying <500 has always been profitable to me, and I'm sure it will again now.

....and now back to $520.
Hope your money transfer was fast enough.

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March 28, 2014, 03:25:41 AM
 #31

It definitely has been quite exciting so far!

Alas, I personally think we'll be kissing $500 for the next day before doing another steady climb to the upper $500s during the weekend.

[I still stand by my prediction for $620ish on 3/31/2014. Hehe.  Tongue]

Unfortunately I could only buy a fraction of a coin when it was at $475. Damn end of the month bills. Gah. Oh well, got 2 BTC when it was nearly $400 earlier in the month so I'm not all too sad.
kathmandu34
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March 28, 2014, 03:33:54 AM
 #32

Chinese rumors are fucking anti bitcoiners
Everytime when there is something happening or either with a fake news also bitcoin use to rise up and fall down
Now its moving back up so lets hope untill tonight we can see something better

knightcoin
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March 28, 2014, 04:37:52 AM
 #33

If I was a gov, I would keep BTC friendly/closed as possible to the controlled fiat currency because soon we'll get a real decentralized anonymous marketplace up and running and will be very hard to control it and everybody looking for real world trading of goods will looking to another country's fiat to measure stuff ...

TL/DR -> If you not kiss your bitch, another guy will do it. 

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dyland
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March 28, 2014, 01:54:45 PM
 #34

It's been weird, though - we've had lots of good news recently and it hasn't moved much, but one rumor from China shows up and down we go. :-/

good news?? lol you must be joking. every god damn day has brought bad news for weeks now.

WTF?  I wholeheartedly disagree.

Also disagree. I think one of the biggest indicators for me of the long-term health of bitcoin is the fact that BTC startups are attracting top talent from established financial sector employers.

http://www.entrepreneur.com/article/232364

http://www.paymentssource.com/news/as-bitcoin-companies-mature-more-take-talent-from-the-mainstream-3017408-1.html




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March 28, 2014, 02:05:21 PM
 #35

While I agree that speculation is fun I think the influx of people with a pure shortterm get-rich-quick-perspective isn't positive.

So I'm fine with another price drop to wash those people out. People need to learn that Bitcoin is not another speculative instrument which should be measured in $$$. It's revolutionary technology with the potential to change economy worldwide.

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March 28, 2014, 02:08:18 PM
 #36

While I agree that speculation is fun I think the influx of people with a pure shortterm get-rich-quick-perspective isn't positive.

So I'm fine with another price drop to wash those people out. People need to learn that Bitcoin is not another speculative instrument which should be measured in $$$. It's revolutionary technology with the potential to change economy worldwide.

+1

Very well said

dyland
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March 28, 2014, 02:11:31 PM
 #37

While I agree that speculation is fun I think the influx of people with a pure shortterm get-rich-quick-perspective isn't positive.

So I'm fine with another price drop to wash those people out. People need to learn that Bitcoin is not another speculative instrument which should be measured in $$$. It's revolutionary technology with the potential to change economy worldwide.

Yeah, I think I may have fallen into the latter camp to some extent. Knew about BTC in 2011, but didn't jump on until January 2014, mainly for speculative purposes. I then started to diversify into some mining...

I digress; I am sort of sore that I could have spent some of the money invested into some other things, but I think it'll pay off in the very long-term. (But I do sort of wish that my pillow cushion of fiat was a bit plumper.)

Blackcoin ~ 10 second transactions (fastest coin) ~ 100% proof of stake (the first) ~ No wasteful mining (most efficient)
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March 28, 2014, 02:13:49 PM
 #38

It's been weird, though - we've had lots of good news recently and it hasn't moved much, but one rumor from China shows up and down we go. :-/

good news?? lol you must be joking. every god damn day has brought bad news for weeks now.

The BTC community is a lot bigger than this forum, and more importantly, there's way more going on than the sensationalist stories that get inappropriately hyped by the media would seem to suggest.

All the good news is in the sweat of the hard working entrepreneurs and developers, the 'boring' stuff that just doesn't have the same impact as a good doomsday article.

dyland
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March 28, 2014, 02:16:33 PM
 #39

It's been weird, though - we've had lots of good news recently and it hasn't moved much, but one rumor from China shows up and down we go. :-/

good news?? lol you must be joking. every god damn day has brought bad news for weeks now.

The BTC community is a lot bigger than this forum, and more importantly, there's way more going on than the sensationalist stories that get inappropriately hyped by the media would seem to suggest.

All the good news is in the sweat of the hard working entrepreneurs and developers, the 'boring' stuff that just doesn't have the same impact as a good doomsday article.

+1

Blackcoin ~ 10 second transactions (fastest coin) ~ 100% proof of stake (the first) ~ No wasteful mining (most efficient)
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March 28, 2014, 02:30:17 PM
 #40

While I agree that speculation is fun I think the influx of people with a pure shortterm get-rich-quick-perspective isn't positive.

So I'm fine with another price drop to wash those people out. People need to learn that Bitcoin is not another speculative instrument which should be measured in $$$. It's revolutionary technology with the potential to change economy worldwide.

Yeah, I think I may have fallen into the latter camp to some extent. Knew about BTC in 2011, but didn't jump on until January 2014, mainly for speculative purposes. I then started to diversify into some mining...

I digress; I am sort of sore that I could have spent some of the money invested into some other things, but I think it'll pay off in the very long-term. (But I do sort of wish that my pillow cushion of fiat was a bit plumper.)

Don't regret what you could have done in the past, think about what you can do today to shape your future positively. We are still at the very beginning of a potential future Bitconomy.

Apart from that, being involved in Bitcoin is a great way to learn what free money is and how it works. Once your infected with this "free money feeling" you will no longer consider USD as a relevant unit of wealth measurement. Smiley

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