disclaimer201
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Activity: 1526
Merit: 1001
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June 01, 2012, 08:30:03 PM |
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Isn't it time for some great manipulator to take a huge dump?
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adamstgBit (OP)
Legendary
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Activity: 1904
Merit: 1037
Trusted Bitcoiner
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June 01, 2012, 08:33:28 PM |
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Isn't it time for some great manipulator to take a huge dump?
I wish! this would send the price skyrocketing
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FreeMoney
Legendary
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Activity: 1246
Merit: 1016
Strength in numbers
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June 01, 2012, 08:59:23 PM |
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Isn't it time for some great manipulator to take a huge dump?
I wish! this would send the price skyrocketing
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Play Bitcoin Poker at sealswithclubs.eu. We're active and open to everyone.
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YoYa
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June 01, 2012, 09:23:40 PM |
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LeeeeeeeeeeeRoy JeeennnnnnnnnKens!!!
I like your profile picture! Cheers, been a while since I checked up on ole RawDog, I'd say he's been a bit glum about the collapse in Silver
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aqrulesms
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June 01, 2012, 09:49:01 PM Last edit: June 01, 2012, 10:20:02 PM by aqrulesms |
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Don't believe the depth chart. Sometimes it's a trap.
I'm stating to think "fake walls" are a thing of the past I'm starting to question your position, but I would welcome the outcome if you are right. now I'm thinking bear trap, 5,20 REALLY wants to be sold into So.. $8 or no?
I'm no economist or speculator, just a simple miner Oh I see.. we're in the bearish trap stage of the epic price bubble.
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SaintFlow
Sr. Member
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Activity: 476
Merit: 250
The first is by definition not flawed.
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June 03, 2012, 01:44:09 PM |
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if only.
i personally do not find it seductive to sell into 5.20 wall. Will not support it either.
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don't let me make you question your assumptions
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aqrulesms
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June 03, 2012, 04:00:04 PM |
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if only.
i personally do not find it seductive to sell into 5.20 wall. Will not support it either.
Yes looks like it's stuck at $5.20-5.27 Not going anywhere. Might as well wait for the real price increase in December, since there is no reason for the price to really go up unless demand overtakes the daily inflation of bitcoin.
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Kupsi
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Activity: 1193
Merit: 1003
9.9.2012: I predict that single digits... <- FAIL
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June 03, 2012, 05:38:04 PM |
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Yes looks like it's stuck at $5.20-5.27
It's sunday. Tomorrow, people will transfer money into the exchanges again.
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S3052
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Activity: 2100
Merit: 1000
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June 03, 2012, 05:45:31 PM |
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if only.
i personally do not find it seductive to sell into 5.20 wall. Will not support it either.
Yes looks like it's stuck at $5.20-5.27 Not going anywhere. Might as well wait for the real price increase in December, since there is no reason for the price to really go up unless demand overtakes the daily inflation of bitcoin. Forget about the effect of the December change from 50 BTC to 25 BTC as price predictor. This is already priced in as it is public knowledge.
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notme
Legendary
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Activity: 1904
Merit: 1002
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June 03, 2012, 06:20:13 PM |
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Yes looks like it's stuck at $5.20-5.27
It's sunday. Tomorrow, people will transfer money into the exchanges again. In 5 hours it will be 8 am on Monday in Tokyo.
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herzmeister
Legendary
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Activity: 1764
Merit: 1007
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June 03, 2012, 06:39:47 PM |
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Forget about the effect of the December change from 50 BTC to 25 BTC as price predictor. This is already priced in as it is public knowledge.
This goes only for hoarders and speculators, and not for real demand as a currency, which some say is also the cause for the recent stability and slight increase.
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Kupsi
Legendary
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Activity: 1193
Merit: 1003
9.9.2012: I predict that single digits... <- FAIL
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June 03, 2012, 06:54:42 PM |
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In 5 hours it will be 8 am on Monday in Tokyo.
Let the party begin
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notme
Legendary
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Activity: 1904
Merit: 1002
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June 03, 2012, 08:52:56 PM |
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In 5 hours it will be 8 am on Monday in Tokyo.
Let the party begin ~2 hours to go
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the joint
Legendary
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Activity: 1834
Merit: 1020
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June 03, 2012, 08:55:57 PM |
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if only.
i personally do not find it seductive to sell into 5.20 wall. Will not support it either.
Yes looks like it's stuck at $5.20-5.27 Not going anywhere. Might as well wait for the real price increase in December, since there is no reason for the price to really go up unless demand overtakes the daily inflation of bitcoin. Forget about the effect of the December change from 50 BTC to 25 BTC as price predictor. This is already priced in as it is public knowledge.It's also public knowledge that the price will reduce to 12.5 BTC, to 6.25 BTC, etc. Would you say this is also priced in?
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notme
Legendary
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Activity: 1904
Merit: 1002
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June 03, 2012, 09:01:59 PM |
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if only.
i personally do not find it seductive to sell into 5.20 wall. Will not support it either.
Yes looks like it's stuck at $5.20-5.27 Not going anywhere. Might as well wait for the real price increase in December, since there is no reason for the price to really go up unless demand overtakes the daily inflation of bitcoin. Forget about the effect of the December change from 50 BTC to 25 BTC as price predictor. This is already priced in as it is public knowledge.It's also public knowledge that the price will reduce to 12.5 BTC, to 6.25 BTC, etc. Would you say this is also priced in? I would say that is priced in as much as the 50->25. You either know the story or you don't. The 50->25 may catch some by surprise since you don't have to understand these details to actually use bitcoin, but after a few halvings people will know what's up and it will be completely priced in by the time it happens.
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adamstgBit (OP)
Legendary
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Activity: 1904
Merit: 1037
Trusted Bitcoiner
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June 04, 2012, 04:31:22 AM Last edit: June 04, 2012, 05:19:19 AM by adamstgBit |
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if only.
i personally do not find it seductive to sell into 5.20 wall. Will not support it either.
Yes looks like it's stuck at $5.20-5.27 Not going anywhere. Might as well wait for the real price increase in December, since there is no reason for the price to really go up unless demand overtakes the daily inflation of bitcoin. Forget about the effect of the December change from 50 BTC to 25 BTC as price predictor. This is already priced in as it is public knowledge.It's also public knowledge that the price will reduce to 12.5 BTC, to 6.25 BTC, etc. Would you say this is also priced in? I would say that is priced in as much as the 50->25. You either know the story or you don't. The 50->25 may catch some by surprise since you don't have to understand these details to actually use bitcoin, but after a few halvings people will know what's up and it will be completely priced in by the time it happens. i think each mining reward drop will be fully priced in 6 - 12 months After its actually happens... its effect will be felt gradually
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Technomage
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Affordable Physical Bitcoins - Denarium.com
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June 04, 2012, 09:14:14 AM |
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The reward drop is definitely not fully priced in yet. In part it is, of course, but not fully. It will become priced in once the reward drop starts to be the #1 talking point in the community. So perhaps a couple of months before the drop. Late Summer at the earliest, probably early Autumn.
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trogdorjw73
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June 04, 2012, 04:00:34 PM |
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The reward drop is definitely not fully priced in yet. In part it is, of course, but not fully. It will become priced in once the reward drop starts to be the #1 talking point in the community. So perhaps a couple of months before the drop. Late Summer at the earliest, probably early Autumn.
More than anything, the reward drop is going to affect miners. Who cares if you have a bunch of BTC you're holding and suddenly they're not created as quickly? But if you're out digging for gold and finding 1BTC per day for a year and suddenly you start to find 0.5BTC per day, your potential to earn money after paying for electricity just got killed. I suspect we will see network hash rate take a major dive following the drop -- I know I'll be shutting down unless price goes up or the number of people mining drops substantially (e.g. difficulty goes down).
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silverbox
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Activity: 966
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June 08, 2012, 02:29:51 PM |
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this is it boys this is the start of the epic rise in value!
we are moving up to 8$ b4 the end of next week, mark my words
marked. 5.62 isn't quite $8...
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_mr_e
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Activity: 817
Merit: 1000
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June 08, 2012, 04:50:37 PM |
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The reward drop is definitely not fully priced in yet. In part it is, of course, but not fully. It will become priced in once the reward drop starts to be the #1 talking point in the community. So perhaps a couple of months before the drop. Late Summer at the earliest, probably early Autumn.
More than anything, the reward drop is going to affect miners. Who cares if you have a bunch of BTC you're holding and suddenly they're not created as quickly? But if you're out digging for gold and finding 1BTC per day for a year and suddenly you start to find 0.5BTC per day, your potential to earn money after paying for electricity just got killed. I suspect we will see network hash rate take a major dive following the drop -- I know I'll be shutting down unless price goes up or the number of people mining drops substantially (e.g. difficulty goes down). won't this open the network to be easily taken over by a 51% attack:S
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