lebing
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Activity: 1288
Merit: 1000
Enabling the maximal migration
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April 16, 2013, 02:56:01 PM |
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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? Well, yes eventually. But when is anyones guess. I've heard wild speculation of gold/ silver falling multiples below where they are now and since stocks tend to follow the metals.... this has the potential to portend something massive. |
Bro, do you even blockchain?
-E Voorhees
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Once a transaction has 6 confirmations, it is extremely unlikely that an attacker without at least 50% of the network's computation power would be able to reverse it.
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zebedee
Donator
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Activity: 668
Merit: 500
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April 16, 2013, 02:58:04 PM |
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VincentX
Newbie
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Activity: 37
Merit: 0
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April 16, 2013, 03:00:30 PM |
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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. Same here. I must admit I'm surprised. |
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Richy_T
Legendary
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Activity: 2422
Merit: 2113
1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
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April 16, 2013, 03:01:11 PM |
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Grr. Don't know what just happened but I went to sell 2.5 Bitcoins and ended up selling 2.5 and 2. Sell executed before I could cancel. Not please with Gox.
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1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
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Zomdifros
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April 16, 2013, 03:02:28 PM |
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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. Same here. I must admit I'm surprised. Same story here. Several friends used the dip to buy in and I even managed to talk my father into Bitcoin. |
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Gordonium
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April 16, 2013, 03:10:39 PM |
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and I even managed to talk my father into Bitcoin.
Same here.  |
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Manticore
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Activity: 70
Merit: 10
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April 16, 2013, 03:15:11 PM |
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The bitcoin protocol has proven itself pretty well over the years. The infrastructure built around it has not. The events of the past few days appear to have attracted the attention of professionals in trading infrastructure. It'll take some time for it to get built out and prove itself, but the prospects are looking hopeful that it will get built, and with the support of robust infrastructure the fundamentals of bitcoin will be able to fully express themselves. That's what I think.
So very recent developments in London and with various potential new exchanges (Coinsetter, etc.) has changed your tune? Interesting. So you see Mt Gox et al (current infrastructure) holding back Bitcoin whereas I see the recent highs a product of media hype and hyper-speculation. I don't believe we crashed because of the lack of trust in Mt Gox. And I don't believe we will return to new highs because of these new exchanges. I'm glad to see the new infrastructure, though, because it is necessary to move forward. |
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ManBearPig
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April 16, 2013, 03:16:04 PM |
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Good thing:  |
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BitcoinAshley
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April 16, 2013, 03:17:06 PM |
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Yeah it's strange, I think people are seeing the drop as a good buy-in, even people who have no idea how markets work. I have a few friends interested in buying in, and I've even seen ads on Craigslist in my area with people asking how to get bitcoins. Anyways. FOR THE RECORD, my media FUD prediction is that within a week or two, we will see this in the news regarding the Boston explosions: "Authorities uncovered new evidence on the suspect's computer that shows he may have used the controversial new currency 'bitcoins' to purchase supplies for the bombs' construction. Several websites exist on an anonymous corner of the internet called the 'darknet' or 'deepweb' where terrorists can use bitcoins to purchase anything from guns to bomb supplies. Bitcoins are an unregulated virtual currency with a wildly fluctuating exchange rate that provides anonymity for money launderers and terrorist groups." It will have no effect on price.  |
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hobbes
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April 16, 2013, 03:17:56 PM |
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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. Same here. I must admit I'm surprised. Same story here. Several friends used the dip to buy in and I even managed to talk my father into Bitcoin. Here, too. Even proudhon went all in it seems  |
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NamelessOne
Legendary
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Activity: 840
Merit: 1000
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April 16, 2013, 03:19:51 PM |
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Rally time? Anyone else wish they'd bough around 50ish? I myself never catch bottoms or tops perfectly, I try to give myself a little cushion room on both sides to confirm things. So wishing I bought at 50ish feels like a good sign to me. Lets see how this plays out.  |
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DougTanner
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April 16, 2013, 03:22:20 PM |
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Tuesday rally is here. Last chance to buy below $70.00! Ever!  And gone.  Bye bye.  |
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ManBearPig
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April 16, 2013, 03:25:06 PM |
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 Ladies and gentleman, we appear to be functioning normally  |
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ManBearPig
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April 16, 2013, 03:25:48 PM |
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Green daily candle today?
I would not bet against it right now! |
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San1ty
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April 16, 2013, 03:26:35 PM |
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What The Flying Fuck? I bought a significant quantity at 50, did I just snipe the bottom? Normally my get in and out moments are far from ideal!
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Found my posts helpful? Consider buying me a beer :-)!:
BTC - 1San1tyUGhfWRNPYBF4b6Vaurq5SjFYWk NXT - 17063113680221230777
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Digikeys
Member
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Activity: 115
Merit: 10
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April 16, 2013, 03:26:54 PM |
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BAM!
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Manticore
Member
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Activity: 70
Merit: 10
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April 16, 2013, 03:27:47 PM |
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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. Ok. |
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NamelessOne
Legendary
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Activity: 840
Merit: 1000
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April 16, 2013, 03:27:56 PM |
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What The Flying Fuck? I bought a significant quantity at 50, did I just snipe the bottom? Normally my get in and out moments are far from ideal!
You very well may have. Good job if that ends up being the case! |
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Ivanhoe
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April 16, 2013, 03:28:01 PM |
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Here we go again!
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