420
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 02, 2013, 03:48:14 AM |
|
weekend dip came early
|
Donations: 1JVhKjUKSjBd7fPXQJsBs5P3Yphk38AqPr - TIPS the hacks, the hacks, secure your bits!
|
|
|
Spaceman_Spiff
Legendary
Offline
Activity: 1638
Merit: 1001
₪``Campaign Manager´´₪
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 02, 2013, 03:48:59 AM |
|
Down...
Meh, its only down a little. We could be plateau-ing here for a bit before we move up again. I think its likely we'll have support at $19.5. If not there then $17.7, but I don't think we'll go that low.
|
|
|
|
robocoin
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 02, 2013, 03:55:40 AM |
|
Think of it as looking at a BTC price chart adjusted for inflation against USD.
So essentially, what you're looking at is the real value of Bitcoin hitting the all-time high of 2011, relative to USD.
Remember, Bitcoin does inflate.
This gives you a better indication of the actual, real, inflation-adjusted value of BTC at the moment, as opposed to the nominal price of about $20.00 USD currently.
Basically, Bitcoin is as at least as valuable as it was at the high in 2011, and looks like it is even beginning to surpass it.
I think that's kind of a big deal... like breaking through the all time high of $31.00/BTC here...
I get your point, but why don't you create a inflation adjusted Bitcoin market cap graph? "Basically, Bitcoin is as at least as valuable as it was at the high in 2011, and looks like it is even beginning to surpass it." So check your inflation statement against it. Nethertheless do you even understand blockchain.info's market cap graph? Its for the lulz. And you try to get serious on it. inflation adjusted bitcoin market cap = btc price, no? I think the market cap is a good thing to look at. Probably the best way to judge bitcoin is something between btc price and market cap. BTC market cap, in USD = BTC value adjusted for BTC rate of inflation, in USD It's not the exchange rate, or the "price", in USD. But it does display value more accurately, rather than the exchange rate. In my opinion, value is way more important than price when it comes to trading. Which is why I focused on it here. To answer your question, spaceman, yes lol and I agree that price is relevant as well. Especially even numbers 10, 20, 100... I think I'm a lttle confused about the term "market cap". There are no "shares outstanding". Can this term be used in forex? http://www.investopedia.com/terms/m/marketcapitalization.asp#axzz2Ji2ICo2Q
|
|
|
|
Spaceman_Spiff
Legendary
Offline
Activity: 1638
Merit: 1001
₪``Campaign Manager´´₪
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 02, 2013, 04:06:34 AM |
|
I think I'm a lttle confused about the term "market cap". There are no "shares outstanding". Can this term be used in forex?
I don't think it is an official term, but it is being used to describe 'BTC price' * 'BTCs in circulation'. Its like looking at the value of the monetary base of a currency in terms of another currency (here BTC to USD)
|
|
|
|
lebing
Legendary
Offline
Activity: 1288
Merit: 1000
Enabling the maximal migration
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 02, 2013, 04:56:52 AM |
|
Always drops on thursday/friday before starting to pick up saturday night
|
Bro, do you even blockchain? -E Voorhees
|
|
|
adamstgBit (OP)
Legendary
Offline
Activity: 1904
Merit: 1037
Trusted Bitcoiner
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 02, 2013, 05:53:05 AM |
|
its going to rain coins all month! ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
|
|
|
|
keewee
Legendary
Offline
Activity: 1025
Merit: 1000
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 02, 2013, 06:42:07 AM |
|
I observe some walls ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) They weren't there earlier.... ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FSDVe1oR.png&t=665&c=O80yy5wlGHBZ0A)
|
1keewee2vRp63UWvPBynT55ZYw6SUCKDB
|
|
|
oakpacific
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 02, 2013, 06:52:14 AM |
|
Ever since I started trading Bitcoins, I began to like Monday more than weekends. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
|
|
|
|
smoothie
Legendary
Offline
Activity: 2492
Merit: 1473
LEALANA Bitcoin Grim Reaper
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 02, 2013, 06:57:11 AM |
|
I observe some walls ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) They weren't there earlier.... ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FSDVe1oR.png&t=665&c=O80yy5wlGHBZ0A) I guarantee you they are 100% fake. If eaten into they will disappear. Wouldn't doubt it's pussyat30.
|
███████████████████████████████████████
,╓p@@███████@╗╖, ,p████████████████████N, d█████████████████████████b d██████████████████████████████æ ,████²█████████████████████████████, ,█████ ╙████████████████████╨ █████y ██████ `████████████████` ██████ ║██████ Ñ███████████` ███████ ███████ ╩██████Ñ ███████ ███████ ▐▄ ²██╩ a▌ ███████ ╢██████ ▐▓█▄ ▄█▓▌ ███████ ██████ ▐▓▓▓▓▌, ▄█▓▓▓▌ ██████─ ▐▓▓▓▓▓▓█,,▄▓▓▓▓▓▓▌ ▐▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▌ ▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓─ ²▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓╩ ▀▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▀ ²▀▀▓▓▓▓▓▓▓▓▓▓▓▓▀▀` ²²² ███████████████████████████████████████
| . ★☆ WWW.LEALANA.COM My PGP fingerprint is A764D833. History of Monero development Visualization ★☆ . LEALANA BITCOIN GRIM REAPER SILVER COINS. |
|
|
|
DoomDumas
Legendary
Offline
Activity: 1002
Merit: 1000
Bitcoin
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 02, 2013, 07:30:43 AM |
|
last chance to sell above 20! ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) Correction : Too late for those who did'nt buy under 20$ ! Want to buy some ? Do it quick before it reach 40 forever !!!
|
|
|
|
DoomDumas
Legendary
Offline
Activity: 1002
Merit: 1000
Bitcoin
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 02, 2013, 07:34:24 AM |
|
Think of it as looking at a BTC price chart adjusted for inflation against USD. So essentially, what you're looking at is the real value of Bitcoin hitting the all-time high of 2011, relative to USD. Remember, Bitcoin does inflate. This gives you a better indication of the actual, real, inflation-adjusted value of BTC at the moment, as opposed to the nominal price of about $20.00 USD currently. Basically, Bitcoin is as at least as valuable as it was at the high in 2011, and looks like it is even beginning to surpass it. I think that's kind of a big deal... like breaking through the all time high of $31.00/BTC here... market cap new high
i dont think new buyers would think of that how is that resistance? that'll be an interesting explanation Oh, and its a big deal for you guys mostly, at least it should be... not so much the average buyer. They could care less about technical indicators like this. But you know what else is real interesting? The DJIA index has been making new highs lately. Right now, it's at around 14,000. But is it really making new highs? Pulled from http://home.earthlink.net/~intelligentbear/com-dj-infl.htm![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fhome.earthlink.net%2F%7Eintelligentbear%2Fdj-lt-infl.gif&t=665&c=p5LguWZpsmQwEw) ![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fhome.earthlink.net%2F%7Eintelligentbear%2Fdj-compare-1964-1984.gif&t=665&c=5jjbX9vLbK2tTA) Not even god damned close... the sham of inflation ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) Inflation ? actual CPI calculated of inflation in terms of the 1980's CPI calculation ? (it so different !!!)
|
|
|
|
DoomDumas
Legendary
Offline
Activity: 1002
Merit: 1000
Bitcoin
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 02, 2013, 07:37:33 AM |
|
Think of it as looking at a BTC price chart adjusted for inflation against USD.
So essentially, what you're looking at is the real value of Bitcoin hitting the all-time high of 2011, relative to USD.
Remember, Bitcoin does inflate.
This gives you a better indication of the actual, real, inflation-adjusted value of BTC at the moment, as opposed to the nominal price of about $20.00 USD currently.
Basically, Bitcoin is as at least as valuable as it was at the high in 2011, and looks like it is even beginning to surpass it.
I think that's kind of a big deal... like breaking through the all time high of $31.00/BTC here...
I get your point, but why don't you create a inflation adjusted Bitcoin market cap graph? "Basically, Bitcoin is as at least as valuable as it was at the high in 2011, and looks like it is even beginning to surpass it." So check your inflation statement against it. Nethertheless do you even understand blockchain.info's market cap graph? Its for the lulz. And you try to get serious on it. inflation adjusted bitcoin market cap = btc price, no? I think the market cap is a good thing to look at. Probably the best way to judge bitcoin is something between btc price and market cap. BTC market cap, in USD = BTC value adjusted for BTC rate of inflation, in USD It's not the exchange rate, or the "price", in USD. But it does display value more accurately, rather than the exchange rate. In my opinion, value is way more important than price when it comes to trading. Which is why I focused on it here. To answer your question, spaceman, yes lol and I agree that price is relevant as well. Especially even numbers 10, 20, 100... Whan speaking of bitcoin, is deflation a more appropriate term ? IMO, Bitcoin are in deflation, not inflation ! I'm I wrong ? if yes,, why ?
|
|
|
|
DoomDumas
Legendary
Offline
Activity: 1002
Merit: 1000
Bitcoin
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 02, 2013, 07:40:52 AM |
|
its going to rain coins all month! ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) Rain coin ? Why more than usual.. maybe some more because of Avalon, less than a month, Diff will adjust, and no more coin/week as before.. The upward presure due to havling is still in effect !
|
|
|
|
keewee
Legendary
Offline
Activity: 1025
Merit: 1000
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 02, 2013, 07:49:44 AM |
|
|
1keewee2vRp63UWvPBynT55ZYw6SUCKDB
|
|
|
the joint
Legendary
Offline
Activity: 1834
Merit: 1020
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 02, 2013, 07:51:28 AM |
|
![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fi49.tinypic.com%2Fdzust1.png&t=665&c=_ShsTLKPgzYUYQ) I'm liking the overlap in the order book.
|
|
|
|
420
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 02, 2013, 07:52:34 AM |
|
Last price:$19.76100 High:$21.10000 Low:$19.73100 Volume:54055 BTC Weighted Avg:$20.51008
|
Donations: 1JVhKjUKSjBd7fPXQJsBs5P3Yphk38AqPr - TIPS the hacks, the hacks, secure your bits!
|
|
|
keewee
Legendary
Offline
Activity: 1025
Merit: 1000
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 02, 2013, 07:57:14 AM |
|
10,000btc dump... ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2F5xQ0WnF.png&t=665&c=TiVYgdcuKiC23g)
|
1keewee2vRp63UWvPBynT55ZYw6SUCKDB
|
|
|
420
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 02, 2013, 08:01:39 AM |
|
what an alternative to clark moody?
Last price:$19.26514 High:$21.10000 Low:$19.20000 Volume:59298 BTC Weighted Avg:$20.41387
|
Donations: 1JVhKjUKSjBd7fPXQJsBs5P3Yphk38AqPr - TIPS the hacks, the hacks, secure your bits!
|
|
|
oakpacific
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 02, 2013, 08:06:43 AM |
|
Keep in your mind, whenever you panic sell, you are giving us arbitragers a good chunk of your fortune. ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
|
|
|
|
keewee
Legendary
Offline
Activity: 1025
Merit: 1000
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 02, 2013, 08:09:16 AM |
|
18.xxxxx ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FXXXrkGp.png&t=665&c=sdM0pEwYIMKYjA)
|
1keewee2vRp63UWvPBynT55ZYw6SUCKDB
|
|
|
|