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Author Topic: Will BTC rise from the ashes?  (Read 3750 times)
TERA
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June 27, 2014, 06:14:42 PM
 #21

True bitcoin bulls would not say we are in "despair phase"; they would say we are still in "smart money" phase.
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June 27, 2014, 06:21:19 PM
 #22

First three posts I thought it is some sort of boring joke, then realized these guys are actually serious. Wow, this is funny Smiley


Ashes, indeed. In another topic, will gold rise from the ashes or it's also utterly useless now?

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June 27, 2014, 06:42:49 PM
 #23

Must be some newbie trader or speculator...can't comprehend time frames larger than a fruit fly's reference range.
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June 27, 2014, 06:48:42 PM
 #24

Must be some newbie trader or speculator...can't comprehend time frames larger than a fruit fly's reference range.


I still suspect troll. Even a total noob would have some clue about the long-term growth of Bitcoin.
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June 28, 2014, 04:29:19 AM
 #25

Must be some newbie trader or speculator...can't comprehend time frames larger than a fruit fly's reference range.

The all time high is around 1200 usd per coin, right now the price is around 600 usd per coin.

I won't call 50% off all time high is fruit fly's reference range.
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June 28, 2014, 05:54:10 AM
 #26

Must be some newbie trader or speculator...can't comprehend time frames larger than a fruit fly's reference range.

The all time high is around 1200 usd per coin, right now the price is around 600 usd per coin.

I won't call 50% off all time high is fruit fly's reference range.


Its like when we were at 110 usd the past year, half of the ath, so we can expect a raise of 10x times this price if it happens the same way.
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June 28, 2014, 12:40:11 PM
 #27

What ashes?

Well, 500dollars compared to 1200 doesn't look good, does it?
You get my point.

I certainly don't get your point. Are you sure you have one?
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June 28, 2014, 01:45:01 PM
 #28

maybe BTC will rise from the ashes when it comes to the ashes  Grin

It valued from cents to 100's in five years, and survived the GOX and China ban drama. Don't call it ashes if you got bad timming and sold all your family and stuff to buy at the 1000's
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June 28, 2014, 02:14:09 PM
 #29

Will BTC will 1000 dollars again? Will LTC claim back above 20 dollars again? Will the other early semi-successful coins PPC/NMC reach 10 dollars again?
Right now, hope fades away, slowly but safely...

IMO, the only way we can have a great rise again is if somehow the Chinese government drops all bans on Bitcoin and puts up regulations around it rather.

If you think cca 600$ per bitcoin makes bitcoin in ashes, youre gonna have a bad time.
Price means not that much to bitcoin, as payments in and out of bitcoin have little to do with the bitcoin price itself.
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June 28, 2014, 02:41:16 PM
 #30

Will BTC will 1000 dollars again? Will LTC claim back above 20 dollars again? Will the other early semi-successful coins PPC/NMC reach 10 dollars again?
Right now, hope fades away, slowly but safely...

IMO, the only way we can have a great rise again is if somehow the Chinese government drops all bans on Bitcoin and puts up regulations around it rather.

If you think cca 600$ per bitcoin makes bitcoin in ashes, youre gonna have a bad time.
Price means not that much to bitcoin, as payments in and out of bitcoin have little to do with the bitcoin price itself.


Well, it doenst mean Bitcoin will be more successful than it has already been. The 1000dollar china was a dumb bubble, I don't think we will ever see btc at that price again because it doesnt seem like China will accept bitcoin.
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June 28, 2014, 04:54:08 PM
 #31

maybe BTC will rise from the ashes when it comes to the ashes  Grin

It valued from cents to 100's in five years, and survived the GOX and China ban drama. Don't call it ashes if you got bad timming and sold all your family and stuff to buy at the 1000's

Even after GOX fiasco, BTC is still at good price , I won't even call such thing as Bitcoin in ashes.

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June 28, 2014, 07:19:05 PM
 #32

despair phase? wtf are you guys all paying falling to be your financial advisor or something? more like return to mean. were approaching the breakout point. as samuel l jackson said in jurassic park, hold onto yer butts
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June 28, 2014, 07:52:31 PM
 #33

It's fun to see how a comment gets a good flow of reactions Grin

Just to explain my point, I believe we are somewhere between the despair phase and the return to mean.
A lot of people I talk to outside of this forum believe Bitcoin is done for or will not succeed.
Also we have had a few moments that we were at a good support and the bottom fell out again.

In my opinion it is safer to assume we are still in the despair phase (aka rock bottom).

I do not believe we are at "the" breakout point yet as stated by maker88. I do hope so but I think we will be seeing a bear trap in the first take-off.

As stated by Tera it is also a "smart money" phase since the price fluctuates in a relatively predictible pattern.


On a side note, I am a hodler with quite some coins to my name. I'm hodling for 10k to 100k bitcoins so I'm a long-term bull and a realist.

Bitcoin is like a box of chocolates. You never know what you're gonna get !!
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June 28, 2014, 11:42:04 PM
 #34

i dont know these "ashes" you speak of?
The ashes of thedarksun's reputation.  I know, there aren't any.

Give a man a fish and he eats for a day.  Give a man a Poisson distribution and he eats at random times independent of one another, at a constant known rate.
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June 30, 2014, 02:46:02 PM
 #35

It's fun to see how a comment gets a good flow of reactions Grin

Just to explain my point, I believe we are somewhere between the despair phase and the return to mean.
A lot of people I talk to outside of this forum believe Bitcoin is done for or will not succeed.
Also we have had a few moments that we were at a good support and the bottom fell out again.

In my opinion it is safer to assume we are still in the despair phase (aka rock bottom).

I do not believe we are at "the" breakout point yet as stated by maker88. I do hope so but I think we will be seeing a bear trap in the first take-off.

As stated by Tera it is also a "smart money" phase since the price fluctuates in a relatively predictible pattern.


On a side note, I am a hodler with quite some coins to my name. I'm hodling for 10k to 100k bitcoins so I'm a long-term bull and a realist.

Why do people always feel uncomfortable unless they can put a simple tag on something? "smart money" or "despair" who the hell cares, these are tags from an artificial graph which can be used to describe some asset's pricecharts to three-year olds, but which is not applicable to bitcoin at all because it have never followed that particular pattern - instead, it continues it's growth without ever revisiting lower pre-rally levels, making this whole phase tagging irrelevant.

We are definitely in a bitcoin adoption phase, there's no tag for it yet because humanity never yet witnessed creation of new money coming from people, not from the ruling body. That's all I personally need to know about phases Smiley Everything else are minor fluctuations around straight exponential growth.

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July 04, 2014, 06:42:26 AM
 #36

That is for Bitcoin was made isn't it ?

Soon or later it will and i also hope Doges reach at least $1/coin   Cry , that would be very nice news to me...
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July 04, 2014, 03:09:08 PM
 #37

Will BTC will 1000 dollars again?

No

Will LTC claim back above 20 dollars again?

No

Will the other early semi-successful coins PPC/NMC reach 10 dollars again?

Yes
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July 07, 2014, 02:30:51 PM
 #38

Will BTC will 1000 dollars again?

No

Will LTC claim back above 20 dollars again?

No

Will the other early semi-successful coins PPC/NMC reach 10 dollars again?

Yes

I've got $1000 that says BTC hits 1k again before 2020.
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July 07, 2014, 02:57:08 PM
 #39

Will BTC will 1000 dollars again?

No

Will LTC claim back above 20 dollars again?

No

Will the other early semi-successful coins PPC/NMC reach 10 dollars again?

Yes

I've got $1000 that says BTC hits 1k again before 2020.

2020 is a long time , BTC will be over 1k by the end of this year .
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July 08, 2014, 02:59:30 AM
 #40

It's fun to see how a comment gets a good flow of reactions Grin

Just to explain my point, I believe we are somewhere between the despair phase and the return to mean.
A lot of people I talk to outside of this forum believe Bitcoin is done for or will not succeed.
Also we have had a few moments that we were at a good support and the bottom fell out again.

In my opinion it is safer to assume we are still in the despair phase (aka rock bottom).

I do not believe we are at "the" breakout point yet as stated by maker88. I do hope so but I think we will be seeing a bear trap in the first take-off.

As stated by Tera it is also a "smart money" phase since the price fluctuates in a relatively predictible pattern.


On a side note, I am a hodler with quite some coins to my name. I'm hodling for 10k to 100k bitcoins so I'm a long-term bull and a realist.

approaching, not there. i think the real action will happen in the winter
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