wachtwoord
Legendary
 Offline
Activity: 2324
Merit: 1125
|
 |
March 27, 2013, 11:11:00 PM |
|
Depth warning: <44k BTC to $1 trillion.
LAST CHANCE TO BUY UNDER THIRTEEN DIGITS!
 I declare, that if the price goes to $1 trillion this year, I will sell all but 1 of my Bitcoins (for that price obv). |
|
|
|
|
|
|
|
|
|
|
|
Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
|
|
|
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
|
|
deeplink
|
|
March 27, 2013, 11:18:21 PM |
|
Just wanted to share that it is impossible to get any work done this way! Every time I check back I've missed another ATH Wait in that case I guess I better leave again! Have fun |
|
|
|
|
justusranvier
Legendary
Offline
Activity: 1400
Merit: 1009
|
|
March 27, 2013, 11:19:27 PM |
|
I declare, that if the price goes to $1 trillion this year, I will sell all but 1 of my Bitcoins (for that price obv). If the price gets that high it will be because a loaf of bread costs several hundred billion dollars. |
|
|
|
|
moocowpong1
Member
Offline
Activity: 79
Merit: 10
|
|
March 27, 2013, 11:30:17 PM |
|
I declare, that if the price goes to $1 trillion this year, I will sell all but 1 of my Bitcoins (for that price obv). If the price gets that high it will be because a loaf of bread costs several hundred billion dollars. A bitcoin for only a few loaves of bread? Those are really cheap bitcoins! |
|
|
|
|
justusranvier
Legendary
Offline
Activity: 1400
Merit: 1009
|
|
March 27, 2013, 11:38:35 PM |
|
A bitcoin for only a few loaves of bread? Those are really cheap bitcoins! In all seriousness during a severe hyperinflation event a lot of people would be forced to sell their Bitcoins in order to purchase basic necessities of life. There wouldn't be a lot of discretionary income floating around to save, invest, or speculate with. |
|
|
|
|
wachtwoord
Legendary
Offline
Activity: 2324
Merit: 1125
|
|
March 27, 2013, 11:40:50 PM |
|
I declare, that if the price goes to $1 trillion this year, I will sell all but 1 of my Bitcoins (for that price obv). If the price gets that high it will be because a loaf of bread costs several hundred billion dollars. A bitcoin for only a few loaves of bread? Those are really cheap bitcoins! That's why I said within this year  |
|
|
|
|
Zangelbert Bingledack
Legendary
Offline
Activity: 1036
Merit: 1000
|
|
March 27, 2013, 11:45:12 PM |
|
Luckily we don't have a global currency, so hyperinflation can't be global. ...oh wait, currency wars  |
|
|
|
|
|
zoinky
|
|
March 27, 2013, 11:45:50 PM |
|
I heard theres a plunge coming. Little birdy told me.
|
|
|
|
|
|
Newscastix
|
|
March 27, 2013, 11:47:08 PM |
|
I heard theres a plunge coming. Little birdy told me.
Bring it! More cheap coins  |
|
|
|
|
|
Beta-coiner1
|
|
March 27, 2013, 11:58:31 PM |
|
Birdies shouldn't get in the way of bull runs,imo.
|
|
|
|
01BTC10
VIP
Hero Member
Offline
Activity: 756
Merit: 503
|
|
March 27, 2013, 11:58:48 PM |
|
|
|
|
|
|
|
deeplink
|
|
March 28, 2013, 12:02:35 AM |
|
I heard theres a plunge coming. Little birdy told me.
Where in the wide range between Proudhon and Mr. Loaded lies your ratio good calls : bad calls? |
|
|
|
|
Spaceman_Spiff
Legendary
Offline
Activity: 1638
Merit: 1001
₪``Campaign Manager´´₪
|
|
March 28, 2013, 12:06:19 AM |
|
I heard theres a plunge coming. Little birdy told me.
Where in the wide range between Proudhon and Mr. Loaded lies your ratio good calls : bad calls? I think Cypherdoc bought cheaper than Loaded. |
|
|
|
|
thezerg
Legendary
Offline
Activity: 1246
Merit: 1010
|
|
March 28, 2013, 12:09:46 AM |
|
Only the bears seem to be ignoring/not understanding the fundamentals, which is why I guess only the bears have been seeing a bubble since the 20s
I'd say I've seen a couple of small bubbles. The thing is that a bubble deflating in the face of an underlying increase can still lead to a positive gradient. And don't forget, there can be negative bubbles too. Less likely with fedgov running the presses until they glow red hot but nonetheless... The thing is, there certainly are the right conditions for a bubble. Too much cash with nowhere to go. OTOH BTC is undervalued right now so cash may not be inflating a bubble, just inflating a ball to the right pressure. This is Bitcoin in my eyes right now:  nah, more like a slime mold:  No my friends, Bitcoin is the Zerg and this is the Zerg Rush!!! |
|
|
|
|
justusranvier
Legendary
Offline
Activity: 1400
Merit: 1009
|
|
March 28, 2013, 12:13:12 AM |
|
No my friends, Bitcoin is the Zerg and this is the Zerg Rush!!!
It's not growing fast enough. We need to spawn more Overlords. |
|
|
|
|
Kempelen
Newbie
Offline
Activity: 33
Merit: 0
|
|
March 28, 2013, 12:15:54 AM |
|
We need to spawn more Overlords.
I see. So that's the solution to the block size problem. |
|
|
|
|
|
|
|
TsuyokuNaritai
|
|
March 28, 2013, 12:26:14 AM |
|
Hi bulls and bears, I'm a huge fan of your battles here, almost to the point of addiction. How high do you think the price will be in about 12 hours, and how high (or low again) after the long weekend? I ask for good reasons but I won't bore you with them. |
|
|
|
|
Ozymandias
|
|
March 28, 2013, 12:32:58 AM |
|
Hi bulls and bears, I'm a huge fan of your battles here, almost to the point of addiction. How high do you think the price will be in about 12 hours, and how high (or low again) after the long weekend? I ask for good reasons but I won't bore you with them. Disclaimer: The following numbers have been pulled from the deep dark depths of my ass; any resemblance to a well-thought out and fact-based prediction is purely coincidental. In 12 hours, I think the US dollar value of a single bitcoin will be ~$92 (with a range of 2% above and below) After the weekend (9am EST on Monday), I think the US dollar value of a single bitcoin will be ~$95 (with a range of 2% above and below) |
|
|
|
|
|
TsuyokuNaritai
|
|
March 28, 2013, 12:36:36 AM |
|
In 12 hours, I think the US dollar value of a single bitcoin will be ~$92 (with a range of 2% above and below)
After the weekend (9am EST on Monday), I think the US dollar value of a single bitcoin will be ~$95 (with a range of 2% above and below)
A narrower range for after weekend than after 12 hours? Interesting... |
|
|
|
|
