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Author Topic: Will Price Go Exponential Now that Christmas is Over?  (Read 2134 times)
riiiiising (OP)
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December 26, 2014, 04:39:50 PM
 #1

Everyone had a chance to meet their family and in-laws, and surely someone in the extended family is investing in bitcoins. So now, there are many people who are coming home that have just been introduced to it, and they're signing up for accounts with exchanges to buy some and join the revolution.

Or, maybe they talked about bitcoin with their families and were told, "Bitcoin? You're seriously dumb enough to invest in those magic beans?" and now they're getting ready to sell everything and the price will plummet again?  Cheesy

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samson
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December 26, 2014, 05:30:33 PM
 #2

No, not a chance
BlindMayorBitcorn
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December 26, 2014, 05:32:34 PM
 #3

Everyone had a chance to meet their family and in-laws, and surely someone in the extended family is investing in bitcoins. So now, there are many people who are coming home that have just been introduced to it, and they're signing up for accounts with exchanges to buy some and join the revolution.

Or, maybe they talked about bitcoin with their families and were told, "Bitcoin? You're seriously dumb enough to invest in those magic beans?" and now they're getting ready to sell everything and the price will plummet again?  Cheesy

You fishing for sentiment?

Forgive my petulance and oft-times, I fear, ill-founded criticisms, and forgive me that I have, by this time, made your eyes and head ache with my long letter. But I cannot forgo hastily the pleasure and pride of thus conversing with you.
Dilla
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December 26, 2014, 05:50:19 PM
 #4

Once the new year is here, we should see more action.
noobtrader
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December 26, 2014, 05:56:14 PM
 #5

all people i know ask me about bitcoin and they want to invest...

"...I suspect we need a better incentive for users to run nodes instead of relying solely on altruism...",  satoshi@vistomail.com
Parazyd
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December 26, 2014, 06:04:22 PM
 #6

all people i know ask me about bitcoin and they want to invest...


Make them do so Smiley
The more users, the better for everyone. It'll even make the price go up as you're buying Wink
JessicaSe
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December 26, 2014, 06:22:04 PM
 #7

i don't think so
but we can see the movement at new year start
don't think Christmas will make a difference to bitcoin price
noobtrader
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December 26, 2014, 06:28:47 PM
 #8

all people i know ask me about bitcoin and they want to invest...


Make them do so Smiley
The more users, the better for everyone. It'll even make the price go up as you're buying Wink

mostly want to be miner...  Undecided
even after i told them that its more profitable to buy atm, they assume that mining will reap coin forever so its more profitable than just buying.

"...I suspect we need a better incentive for users to run nodes instead of relying solely on altruism...",  satoshi@vistomail.com
Febo
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December 26, 2014, 06:30:17 PM
 #9

Everyone had a chance to meet their family and in-laws, and surely someone in the extended family is investing in bitcoins. So now, there are many people who are coming home that have just been introduced to it, and they're signing up for accounts with exchanges to buy some and join the revolution.

Or, maybe they talked about bitcoin with their families and were told, "Bitcoin? You're seriously dumb enough to invest in those magic beans?" and now they're getting ready to sell everything and the price will plummet again?  Cheesy

We need to wait for after new year. So everyone open their gifts then we will see if price dont drastically fall it will for sure start slowly rising.  But on other hand in Russia they celebrate new year few days latter and China even latter so it might be a bit to confusing.
riiiiising (OP)
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December 26, 2014, 06:32:58 PM
 #10

Wait, what changes with the New Year? Why will that cause a price increase?

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unent
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December 26, 2014, 06:36:43 PM
Last edit: December 26, 2014, 06:57:21 PM by unent
 #11

Everyone had a chance to meet their family and in-laws, and surely someone in the extended family is investing in bitcoins. So now, there are many people who are coming home that have just been introduced to it, and they're signing up for accounts with exchanges to buy some and join the revolution.

Or, maybe they talked about bitcoin with their families and were told, "Bitcoin? You're seriously dumb enough to invest in those magic beans?" and now they're getting ready to sell everything and the price will plummet again?  Cheesy

We need to wait for after new year. So everyone open their gifts then we will see if price dont drastically fall it will for sure start slowly rising.  But on other hand in Russia they celebrate new year few days latter and China even latter so it might be a bit to confusing.

According to this Wikipedia page the Chinese have a holiday on January 1 called New Year. Later on they have another holiday for the official Chinese New Year, it lasts about a week around Feb 19 this year.

http://en.wikipedia.org/wiki/Public_holidays_in_China
Dilla
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December 26, 2014, 06:55:51 PM
 #12

Wait, what changes with the New Year? Why will that cause a price increase?
All those capital loss claims for taxes will be gone if everyone's Bitcoin becomes worth 1000x more  Cheesy
RyNinDaCleM
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December 26, 2014, 07:48:48 PM
 #13

Everyone had a chance to meet their family and in-laws, and surely someone in the extended family is investing in bitcoins. So now, there are many people who are coming home that have just been introduced to it, and they're signing up for accounts with exchanges to buy some and join the revolution.

Or, maybe they talked about bitcoin with their families and were told, "Bitcoin? You're seriously dumb enough to invest in those magic beans?" and now they're getting ready to sell everything and the price will plummet again?  Cheesy

My story went more like...
"Are you still playing around with that funny money?"

NotLambchop
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December 26, 2014, 08:22:44 PM
 #14

all people i know ask me about bitcoin and they want to invest...


Make them do so Smiley
The more users, the better for everyone. It'll even make the price go up as you're buying Wink

You realize that all pyramid schemes work great as long as there's new money coming in, right?
finlon
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December 26, 2014, 10:58:19 PM
 #15

Wait, what changes with the New Year? Why will that cause a price increase?

Maybe people making new year promises to themselves to buy a bitcoin.

stonerider
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December 27, 2014, 12:59:06 AM
 #16

Nah, not gonna happen.
Brewins
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December 27, 2014, 01:31:00 AM
 #17

No

And we already are in the Christmas levels.

noobtrader
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December 27, 2014, 01:55:44 AM
 #18

all people i know ask me about bitcoin and they want to invest...


Make them do so Smiley
The more users, the better for everyone. It'll even make the price go up as you're buying Wink

You realize that all pyramid schemes work great as long as there's new money coming in, right?

ah, old freind not lamb cop... how are you, did you get payrise for each trilling post already Huh

"...I suspect we need a better incentive for users to run nodes instead of relying solely on altruism...",  satoshi@vistomail.com
tss
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December 27, 2014, 02:43:35 AM
 #19

i'm going to create an account called hodllliiing and post crap everyday.. ohh wait.  i already do that with this one.  darn it, pointless.
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December 27, 2014, 09:03:42 AM
 #20

it will rocket when you least expect it

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