just1nmc
|
|
April 16, 2013, 02:11:50 PM |
|
proudhon is absolutely spot on, couldn't have said it better myself
Anyone up for a bet? I say BC will see the 30ies before Sunday. How much?
|
|
|
|
Wekkel
Legendary
Offline
Activity: 3108
Merit: 1531
yes
|
|
April 16, 2013, 02:13:01 PM |
|
Meanwhile, Gold is experiencing a shake down equal to September 2008 and July 2011. We know what happened afterwards, so equities could turn rapidly the next few months. Not a time to invest in 'stocks' generally.
Rocky times ahead!
|
|
|
|
Rampion
Legendary
Offline
Activity: 1148
Merit: 1018
|
|
April 16, 2013, 02:13:58 PM |
|
Guys, please dont feed the troll.
In other news, getting past 80 will be a good indicator that we are back on track for the stratosphere.
+1, I think we could see a pass through $80 this week, with a lot of volatility up and down afterward, and then in the coming weeks some stability (as much as you can get in bitcoin anyway) around $100. I seriously doubt enough people will be attracted to bitcoin to sustain any kind of a rally, not to say anything of reaching new highs (or even $5, and certainly not $10 again), now that the project has been sufficiently humiliated. It's just not going to happen.
Quoted for the lulz
|
|
|
|
bixcoin
Full Member
Offline
Activity: 168
Merit: 100
Bixcoin Superdouche
|
|
April 16, 2013, 02:14:08 PM |
|
proudhon is absolutely spot on, couldn't have said it better myself
Anyone up for a bet? I say BC will see the 30ies before Sunday. How much? Lets say 1000 USD
|
|
|
|
just1nmc
|
|
April 16, 2013, 02:15:00 PM |
|
proudhon is absolutely spot on, couldn't have said it better myself
Anyone up for a bet? I say BC will see the 30ies before Sunday. How much? Lets say 1000 USD I'm up for it. How do we go about this
|
|
|
|
fitty
|
|
April 16, 2013, 02:16:50 PM |
|
I think I overlooked something and made a mistake.
The power of faith. BTC isn't a normal commodity. In BTC, you have people who mine them, use them, trade them, there's a community, it's evolving. It's like having a creek in your backyard where you pan for gold. You exchange some of that gold for goods. You sell some of that gold on the market. You buy gold on the market. You're invested in gold in multiple ways. You're not just buying/selling it, you're living it. With Bitcoin, people just aren't trading a commodity. A lot of people are also creating it, using it, and trading it. If you took BTC traders and threw them over in silver for a month, they'd have no interest, would view it totally differently, and would want to come back to BTC where they're invested, engaged, connected to it more then you can almost any commodity out there. The community growing pains, drama, hope, excitement, mix in a little anti-govt, a little fuck you banks, people are more emotionally invested in BTC then almost any market out there. People want to make money, they also want it to work, grow, they feel tied to Bitcoin's success which you just can't replicate anywhere else. People will mine bitcoins at a loss. Just to be a part of it, just for the fun, just because. Regardless of what the market says, the forum says, there are people who are going to invest regardless of how bad or bleak things might ever get. There's a grassroots support system built into Bitcoins that just isn't going anyway. It's not going away at $50, it's not going away at $10, it's not going away at $2. Which why people are going to jump back in, not just to make money, but because they just really like Bitcoins.
|
|
|
|
ManBearPig
|
|
April 16, 2013, 02:18:47 PM Last edit: April 16, 2013, 02:48:39 PM by ManBearPig |
|
Meanwhile, Gold is experiencing a shake down equal to September 2008 and July 2011. We know what happened afterwards, so equities could turn rapidly the next few months. Not a time to invest in 'stocks' generally.
Rocky times ahead!
Well the money has to go somewhere. Bitcoin was not a serious option for the last 2 drops in gold price. This time it is and everyone has heard of Bitcoin now.
|
|
|
|
seleme
Legendary
Offline
Activity: 2772
Merit: 1028
Duelbits.com
|
|
April 16, 2013, 02:22:50 PM |
|
I don't have idea where we're going at the moment
|
|
|
|
molecular
Donator
Legendary
Offline
Activity: 2772
Merit: 1019
|
|
April 16, 2013, 02:24:16 PM |
|
I'm getting calls from friends asking how to buy. I figured a crash like we saw would drive them away despite their affirmations to buy on a drop. I seem to have been wrong.
|
PGP key molecular F9B70769 fingerprint 9CDD C0D3 20F8 279F 6BE0 3F39 FC49 2362 F9B7 0769
|
|
|
Richy_T
Legendary
Offline
Activity: 2576
Merit: 2268
1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
|
|
April 16, 2013, 02:25:05 PM |
|
If early adopters and disheartened speculators want to sell it down to $20 and buyers are greedy enough to collectively wait, well, it will go to $20. That is within the realm of possibility. Then we would be sitting on a mere 100% YTD gain. Single digits, no way. At that point I can buy the new supply daily, which kind of stabilizes the freefall Indeed. I think at 20 or below, I would be buying regularly. I only made a couple of small buys above 100 but wasn't really comfortable with those. Just wasn't getting enough BTC for the $.
|
1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
|
|
|
bixcoin
Full Member
Offline
Activity: 168
Merit: 100
Bixcoin Superdouche
|
|
April 16, 2013, 02:25:16 PM |
|
proudhon is absolutely spot on, couldn't have said it better myself
Anyone up for a bet? I say BC will see the 30ies before Sunday. How much? Lets say 1000 USD I'm up for it. How do we go about this http://www.betyourmate.com ?
|
|
|
|
BitcoinAshley
|
|
April 16, 2013, 02:26:23 PM |
|
Funny how gold, silver, and bitcoin all dropped around the same time, and zero hedge is warning of a possible hindenburg omen (bunch of TA indicators that supposedly have a good chance of predicting a major event such as the Lehman brothers' bankruptcy)
Interesting times ahead?
|
|
|
|
just1nmc
|
|
April 16, 2013, 02:30:13 PM |
|
proudhon is absolutely spot on, couldn't have said it better myself
Anyone up for a bet? I say BC will see the 30ies before Sunday. How much? Lets say 1000 USD I'm up for it. How do we go about this http://www.betyourmate.com ? Okay give me a couple hours I have an exam soon Edit: Or through an escrow, whatever's best
|
|
|
|
cedivad
Legendary
Offline
Activity: 1176
Merit: 1001
|
|
April 16, 2013, 02:30:24 PM |
|
proudhon is absolutely spot on, couldn't have said it better myself
Anyone up for a bet? I say BC will see the 30ies before Sunday. How much? Lets say 1000 USD I'm up for it. How do we go about this http://www.betyourmate.com ? You find an escrow, you send him 1000$ in btc, the escrow sells the amount on mtgox, gives the winner 2000$ back buying from mtgox. I'm available, if you want. I would like some reputation.
|
My anger against what is wrong in the Bitcoin community is productive: Bitcointa.lk - Replace "Bitcointalk.org" with "Bitcointa.lk" in this url to see how this page looks like on a proper forum (Announcement Thread)Hashfast.org - Wiki for screwed customers
|
|
|
Zomdifros
|
|
April 16, 2013, 02:43:32 PM |
|
Funny how gold, silver, and bitcoin all dropped around the same time, and zero hedge is warning of a possible hindenburg omen (bunch of TA indicators that supposedly have a good chance of predicting a major event such as the Lehman brothers' bankruptcy)
Interesting times ahead?
I regret gold and silver going down, as I bought a substantial amount in 2004 which I still own. Then again, I believe they should be part of any diversified portfolio, so I won't be selling them soon anyway. I wonder what the effect is of the stock market price on the price of Bitcoins. During the 2008 crisis we saw all assets going down, regardless of their exposure to the credit crunch and toxic bonds. So perhaps in this case a strong stock market means investors have more to spend on Bitcoin as well.
|
|
|
|
lebing
Legendary
Offline
Activity: 1288
Merit: 1000
Enabling the maximal migration
|
|
April 16, 2013, 02:46:14 PM |
|
Funny how gold, silver, and bitcoin all dropped around the same time, and zero hedge is warning of a possible hindenburg omen (bunch of TA indicators that supposedly have a good chance of predicting a major event such as the Lehman brothers' bankruptcy)
Interesting times ahead?
Indeed. If the market follows metals the way it usually does, watch the fuck out. http://www.youtube.com/watch?v=uvqJ1mTkEuY
|
Bro, do you even blockchain? -E Voorhees
|
|
|
cedivad
Legendary
Offline
Activity: 1176
Merit: 1001
|
|
April 16, 2013, 02:50:03 PM |
|
Funny how gold, silver, and bitcoin all dropped around the same time, and zero hedge is warning of a possible hindenburg omen (bunch of TA indicators that supposedly have a good chance of predicting a major event such as the Lehman brothers' bankruptcy)
Interesting times ahead?
Indeed. If the market follows metals the way it usually does, watch the fuck out. http://www.youtube.com/watch?v=uvqJ1mTkEuYShouldn't the price go up in this eventuality?
|
My anger against what is wrong in the Bitcoin community is productive: Bitcointa.lk - Replace "Bitcointalk.org" with "Bitcointa.lk" in this url to see how this page looks like on a proper forum (Announcement Thread)Hashfast.org - Wiki for screwed customers
|
|
|
elux
Legendary
Offline
Activity: 1458
Merit: 1006
|
|
April 16, 2013, 02:50:10 PM |
|
|
|
|
|
DougTanner
|
|
April 16, 2013, 02:50:22 PM |
|
Got some promising upwards movement.
|
|
|
|
ManBearPig
|
|
April 16, 2013, 02:55:48 PM |
|
If we crawled back towards $82 in the next few days we could still be back on the quite sustainable trendline of 1.8% daily growth that became the crazy spike in late March.
|
|
|
|
|