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worldinacoin
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April 01, 2012, 03:12:51 PM |
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If it is stable at this price, bitcoin will be a useful tool, too much fluctuations is not good for its use as trading etc. Only good for speculation.
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"With e-currency based on cryptographic proof, without the need to
trust a third party middleman, money can be secure and transactions
effortless." -- Satoshi
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rebuilder
Legendary
 Offline
Activity: 1615
Merit: 1000
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April 01, 2012, 04:17:29 PM |
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If it is stable at this price, bitcoin will be a useful tool, too much fluctuations is not good for its use as trading etc. Only good for speculation.
And if it's a useful tool, adoption will grow, and the price will go up... Which people are speculating on of course, hence all these spikes up and down. My point? Don't expect stability. Don't bother complaining about speculation, either - it's inevitable, it really doesn't matter whether it's good or bad for the project as a whole, as long as there's a profit to be made, people will be speculating. |
Selling out to advertisers shows you respect neither yourself nor the rest of us.
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da2ce7
Legendary
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Activity: 1222
Merit: 1016
Live and Let Live
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April 02, 2012, 03:34:26 AM |
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the small wall, just moved up!  |
One off NP-Hard.
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Electricbees
Sr. Member
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Activity: 322
Merit: 250
We are bees, and we hate you.
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April 02, 2012, 06:18:44 AM |
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the small wall, just moved up! I feel that Reagan was somehow involved... |
Donations are welcome!
1BEES19ds5gEnRBoU1qNFPfjRXe94trMG3
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Technomage
Legendary
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Activity: 2184
Merit: 1056
Affordable Physical Bitcoins - Denarium.com
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April 02, 2012, 10:46:05 AM |
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I'm expecting a rally soon. Bitcoin just had some of the best publicity it has ever had. Reuters front page with a great article. That will have significance.
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Denarium closing sale discounts now up to 43%! Check out our products from here! |
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SkRRJyTC
Legendary
Offline
Activity: 1008
Merit: 1000
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April 02, 2012, 11:52:20 AM |
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Bid walls movin on up.
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guruvan
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April 02, 2012, 12:23:53 PM |
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I'm expecting a rally soon. Bitcoin just had some of the best publicity it has ever had. Reuters front page with a great article. That will have significance.
Didn't realize that was a front page article. Very good news indeed. I also have some suspicion that zhoutong may have upgraded his pricing bot. Either that, or the volume has been steadily picking up. Spreads are tighter, couple cents closer to the Gox price and it seems more responsive to price movement. |
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BadBear
v2.0
Legendary
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Activity: 1652
Merit: 1127
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April 02, 2012, 01:29:28 PM |
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the question is if the price will go up why the player that put a 40k wall and a 10k wall dont buy the bitcoins, if is certain that the price will go up why wait buy the bitcoins now when are cheap
when the 40k wall did show up the price was 4.65 now the price is 0,20 more expensive so he lost 8000 USD(from base price point of view) just because the price will increase even more and hell he buy the coins even later when are more expensive, totally make sense
Well I guess it's time to break out the MtGox conspiracy theories again. |
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guruvan
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April 02, 2012, 01:31:40 PM |
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Well I guess it's time to break out the MtGox conspiracy theories again.
I'll need a new tinfoil hat  |
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IIOII
Legendary
Offline
Activity: 1153
Merit: 1012
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April 02, 2012, 01:35:15 PM |
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the question is if the price will go up why the player that put a 40k wall and a 10k wall dont buy the bitcoins, if is certain that the price will go up why wait buy the bitcoins now when are cheap
when the 40k wall did show up the price was 4.65 now the price is 0,20 more expensive so he lost 8000 USD(from base price point of view) just because the price will increase even more and hell he buy the coins even later when are more expensive, totally make sense
That's how markets work: 1st : "It's too expensive." 2nd : "Oh no, it gets even more expensive." 3rd : "What the hell! Let's buy this before it gets to the moon." 4th : Price crashes. |
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IIOII
Legendary
Offline
Activity: 1153
Merit: 1012
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April 02, 2012, 02:16:15 PM |
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That's how markets work:
1st : "It's too expensive."
2nd : "Oh no, it gets even more expensive."
3rd : "What the hell! Let's buy this before it gets to the moon."
4th : Price crashes.
ITT ppl who have money to buy 40k btc dont know that simple fact :S do you really believe that that the user dont know that ... They know, but may still behave this way.. think of gambling addicts.. |
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waspoza
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April 02, 2012, 04:16:53 PM |
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That's how markets work:
1st : "It's too expensive."
2nd : "Oh no, it gets even more expensive."
3rd : "What the hell! Let's buy this before it gets to the moon."
4th : Price crashes.
Yup, thats exactly what happened to me. Twice.  |
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waspoza
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April 02, 2012, 04:39:39 PM |
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OMG we goin to the moon on the secret snail rocket!  Go secret snail, go! |
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1862
Newbie
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Activity: 65
Merit: 0
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April 02, 2012, 04:46:36 PM |
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Crazy mega batshit mode engaged captain  |
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Sysrq
Member
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Activity: 66
Merit: 10
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April 02, 2012, 05:09:00 PM |
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We lost the engine captain !
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DeaDTerra
Donator
Legendary
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Activity: 1064
Merit: 1000
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April 02, 2012, 05:09:59 PM |
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and the bubble goes boom  |
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notme
Legendary
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Activity: 1904
Merit: 1002
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April 02, 2012, 05:13:52 PM |
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and the bubble goes boom Who's ready for the squeeze? |
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guruvan
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April 02, 2012, 07:30:47 PM |
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and the bubble goes boom Who's ready for the squeeze? I am  Hope everyone long grabbed a few profits. |
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mb300sd
Legendary
Offline
Activity: 1260
Merit: 1000
Drunk Posts
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April 02, 2012, 07:53:50 PM |
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Damn it, the one day I actually pay attention in class instead of surfing the net...
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1D7FJWRzeKa4SLmTznd3JpeNU13L1ErEco
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