rpietila
Donator
Legendary
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Activity: 1722
Merit: 1036
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March 09, 2013, 07:18:40 PM |
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I am aware of decisions made today that will take us to $48.60000, ceteris paribus. |
HIM TVA Dragon, AOK-GM, Emperor of the Earth, Creator of the World, King of Crypto Kingdom, Lord of Malla, AOD-GEN, SA-GEN5, Ministry of Plenty (Join NOW!), Professor of Economics and Theology, Ph.D, AM, Chairman, Treasurer, Founder, CEO, 3*MG-2, 82*OHK, NKP, WTF, FFF, etc(x3)
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According to NIST and ECRYPT II, the cryptographic algorithms used in
Bitcoin are expected to be strong until at least 2030. (After that, it
will not be too difficult to transition to different algorithms.)
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Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
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mccorvic
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March 09, 2013, 08:14:48 PM |
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I'm really surprised at how much buying there is for a Sat.
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420
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March 09, 2013, 09:06:24 PM |
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Agreed. I got in early. Not quite $1 early, but after the first rise and fall. Now granted, I figure I'm doing alright with mining but yeah, if I had the capital back then to buy up a bunch of coins at $2, or $5, etc., I'd be more than happy. But then again that's the risk we all take to an extent and I could imagine it being quite painful to have fully sold all coins at a (then) high price. But who's to say the same isn't true today? I'm happy the price is this high but if you're confident it's going to go far far above this, it's always time to buy.
It's a chicken-and-egg problem, if the early adopters had mined a hell load of coins and hoarded and refused to sell, the economy around bitcoin would not have developed, the price would have been nowhere near what it is now, to get people to join, they must redistributed the coins by selling them, (they may have done it involuntarily, we are all pawns of the invisible hand after all) eventually the free market will make things fair, that's why the unfair advantage of early adopters theory is a myth. but but but...what if an early adopter had 50,000 coins and got arrested and was in jail for 3 years getting out now...i guess he'd just be rich then? |
Donations: 1JVhKjUKSjBd7fPXQJsBs5P3Yphk38AqPr - TIPS
the hacks, the hacks, secure your bits!
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Wekkel
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Activity: 3108
Merit: 1531
yes
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March 09, 2013, 09:34:20 PM |
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We may be up for a short term resolve within 15-30 minutes (wedge around $46 now).
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Piper67
Legendary
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Activity: 1106
Merit: 1001
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March 09, 2013, 09:59:59 PM |
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I'm really surprised at how much buying there is for a Sat.
Remember those tens of thousands of Bitcoins sold last Wednesday? Where do you think all that fiat is sitting right now, back in the account holders' bank accounts?  |
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mccorvic
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March 09, 2013, 10:12:24 PM |
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I'm really surprised at how much buying there is for a Sat.
Remember those tens of thousands of Bitcoins sold last Wednesday? Where do you think all that fiat is sitting right now, back in the account holders' bank accounts? Hehe, fair enough |
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rpietila
Donator
Legendary
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Activity: 1722
Merit: 1036
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March 09, 2013, 10:14:11 PM |
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I'm really surprised at how much buying there is for a Sat.
Remember those tens of thousands of Bitcoins sold last Wednesday? Where do you think all that fiat is sitting right now, back in the account holders' bank accounts? Of course not, cause money does not move on weekends. ...wait a moment. It is still there in MtGox! ....and new money coming on Monday. hmm, I better TICK ONE: BUY / SELL |
HIM TVA Dragon, AOK-GM, Emperor of the Earth, Creator of the World, King of Crypto Kingdom, Lord of Malla, AOD-GEN, SA-GEN5, Ministry of Plenty (Join NOW!), Professor of Economics and Theology, Ph.D, AM, Chairman, Treasurer, Founder, CEO, 3*MG-2, 82*OHK, NKP, WTF, FFF, etc(x3)
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archetyp
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Activity: 92
Merit: 10
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March 09, 2013, 10:27:32 PM |
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Trends right now are looking pretty bullish. There were 60k BTC to $50 a day ago, now there are <40k BTC:  90k to 444$ |
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myself
Legendary
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Activity: 938
Merit: 1000
chaos is fun...…damental :)
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March 09, 2013, 11:06:42 PM |
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Los desesperados publican que lo inventó el rey que rabió, porque todo son en el rabias y mas rabias, disgustos y mas disgustos, pezares y mas pezares; si el que compra algunas partidas vé que baxan, rabia de haver comprado; si suben, rabia de que no compró mas; si compra, suben, vende, gana y buelan aun á mas alto precio del que ha vendido; rabia de que vendió por menor precio: si no compra ni vende y ván subiendo, rabia de que haviendo tenido impulsos de comprar, no llegó á lograr los impulsos; si van baxando, rabia de que, haviendo tenido amagos de vender, no se resolvió á gozar los amagos; si le dan algun consejo y acierta, rabia de que no se lo dieron antes; si yerra, rabia de que se lo dieron; con que todo son inquietudes, todo arrepentimientos, tododelirios, luchando siempre lo insufrible con lo feliz, lo indomito con lo tranquilo y lo rabioso con lo deleytable.
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Rothgar
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March 09, 2013, 11:14:35 PM |
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This much upward pressure during the weekend.  I'm sorry Adam.  |
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jwzguy
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March 09, 2013, 11:36:30 PM |
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This much upward pressure during the weekend. I'm sorry Adam. Adam's caught out short again?? Oh, Adam. Adam, Adam, Adam.  |
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adamstgBit (OP)
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Activity: 1904
Merit: 1037
Trusted Bitcoiner
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March 09, 2013, 11:41:50 PM |
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This much upward pressure during the weekend. I'm sorry Adam. Adam's caught out short again?? Oh, Adam. Adam, Adam, Adam. I still have my long term holdings... I'll be fine  I still believe their a good chance that within a few years i will have an opportunity to buy cheap bitcoins ( below 20$ ) and if it goes up to 100's of dollars, that's cool too  |
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mccorvic
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March 09, 2013, 11:42:25 PM |
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This much upward pressure during the weekend. I'm sorry Adam. Yea, it makes me excited/fearful of the rocket that will launch on Monday! |
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Piper67
Legendary
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Activity: 1106
Merit: 1001
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March 09, 2013, 11:44:25 PM |
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This much upward pressure during the weekend. I'm sorry Adam. Yea, it makes me excited/fearful of the rocket that will launch on Monday! More likely Tuesday, I think. |
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ineededausername
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March 09, 2013, 11:48:45 PM |
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This much upward pressure during the weekend. I'm sorry Adam. Yea, it makes me excited/fearful of the rocket that will launch on Monday! More likely Tuesday, I think. Wednesday  edit: I really should note that the recent correction and the looming ask walls should not look scary to anyone at all. Here are some reasons (1) Asks below $50 are down from 60k to 37k now, in one day. (2) Though before the correction, bids were thin and the rally was unsustainable, we now have >25k coins above $40. (3) We've recovered most of the ground that was covered in the crash. We're almost at $47 right now. (4) Bids are at an ALL TIME HIGH, $5.4 million. (5) No daily red candles at all from the crash. (6) This is all what happened over the weekend... imagine what it's going to be like when new money comes in.  |
(BFL)^2 < 0
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solex
Legendary
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Activity: 1078
Merit: 1002
100 satoshis -> ISO code
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March 10, 2013, 12:00:02 AM |
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I still believe their a good chance that within a few years i will have an opportunity to buy cheap bitcoins ( below 20$ ) and if it goes up to 100's of dollars, that's cool too $20 is cheap already? Not many weeks ago that was eye-wateringly expensive! |
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oakpacific
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March 10, 2013, 12:09:51 AM |
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Wall means unwilling to sell.
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Kupsi
Legendary
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Activity: 1193
Merit: 1003
9.9.2012: I predict that single digits... <- FAIL
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March 10, 2013, 12:10:30 AM |
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I still believe their a good chance that within a few years i will have an opportunity to buy cheap bitcoins ( below 20$ ) and if it goes up to 100's of dollars, that's cool too $20 is cheap already? Not many weeks ago that was eye-wateringly expensive! < $40 is cheap. Next month < $50 will be cheap. |
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Beta-coiner1
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March 10, 2013, 12:19:25 AM |
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Yea, it makes me excited/fearful of the rocket that will launch on Monday!
Yeah,I'm thinking the same.The push over the weekend seems to be more of a micro rally but still quite noticeable.I'm thinking possibly ~$56 by the end of next week. |
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myself
Legendary
Offline
Activity: 938
Merit: 1000
chaos is fun...…damental :)
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March 10, 2013, 12:37:14 AM |
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Los desesperados publican que lo inventó el rey que rabió, porque todo son en el rabias y mas rabias, disgustos y mas disgustos, pezares y mas pezares; si el que compra algunas partidas vé que baxan, rabia de haver comprado; si suben, rabia de que no compró mas; si compra, suben, vende, gana y buelan aun á mas alto precio del que ha vendido; rabia de que vendió por menor precio: si no compra ni vende y ván subiendo, rabia de que haviendo tenido impulsos de comprar, no llegó á lograr los impulsos; si van baxando, rabia de que, haviendo tenido amagos de vender, no se resolvió á gozar los amagos; si le dan algun consejo y acierta, rabia de que no se lo dieron antes; si yerra, rabia de que se lo dieron; con que todo son inquietudes, todo arrepentimientos, tododelirios, luchando siempre lo insufrible con lo feliz, lo indomito con lo tranquilo y lo rabioso con lo deleytable.
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