Bitcoin Forum
March 28, 2017, 02:21:26 PM *
News: Latest stable version of Bitcoin Core: 0.14.0  [Torrent]. (New!)
 
   Home   Help Search Donate Login Register  
Pages: « 1 [2] 3 »  All
  Print  
Author Topic: Ladies and Gentleman, There goes $9  (Read 3322 times)
notme
Legendary
*
Offline Offline

Activity: 1638


View Profile
July 17, 2012, 01:47:11 AM
 #21

It's too fast, for too little of a reason. It smells like bubble.

Bubbles are driven by hype.  Where's they hype?

https://www.bitcoin.org/bitcoin.pdf
While no idea is perfect, some ideas are useful.
12jh3odyAAaR2XedPKZNCR4X4sebuotQzN
1490710886
Hero Member
*
Offline Offline

Posts: 1490710886

View Profile Personal Message (Offline)

Ignore
1490710886
Reply with quote  #2

1490710886
Report to moderator
1490710886
Hero Member
*
Offline Offline

Posts: 1490710886

View Profile Personal Message (Offline)

Ignore
1490710886
Reply with quote  #2

1490710886
Report to moderator
1490710886
Hero Member
*
Offline Offline

Posts: 1490710886

View Profile Personal Message (Offline)

Ignore
1490710886
Reply with quote  #2

1490710886
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1490710886
Hero Member
*
Offline Offline

Posts: 1490710886

View Profile Personal Message (Offline)

Ignore
1490710886
Reply with quote  #2

1490710886
Report to moderator
1490710886
Hero Member
*
Offline Offline

Posts: 1490710886

View Profile Personal Message (Offline)

Ignore
1490710886
Reply with quote  #2

1490710886
Report to moderator
Serge
Legendary
*
Offline Offline

Activity: 1050


View Profile
July 17, 2012, 01:48:37 AM
 #22

It's too fast, for too little of a reason. It smells like bubble.

Bubbles are driven by hype.  Where's they hype?

hype is late to this party, it will follow with next wave
zhalox
Full Member
***
Offline Offline

Activity: 177


XMR = BTC in 2010. Rise chikun.


View Profile
July 17, 2012, 01:48:43 AM
 #23

Nope, this is elliott wave theory guys, the price is gonna hit $30, then $100.  Bitcoin is undervalued, now that people understand it, they will hold tight, the market matured significantly since last summer's high of $31.90.  Perhaps, we could see $100 before the end of the year Smiley

proudhon
Legendary
*
Offline Offline

Activity: 1204



View Profile
July 17, 2012, 01:48:54 AM
 #24

Seriously?  WTF is going on?  This makes no sense.

We won't stop until you take down that bear.
I can't speak for Proudhon, but this kind of momentum is making me more bearish.

It's too fast, for too little of a reason. It smells like bubble.

I fully expect we'll visit the $6s again.  The first person to sell a few thousand will start a sell off.
proudhon
Legendary
*
Offline Offline

Activity: 1204



View Profile
July 17, 2012, 01:51:49 AM
 #25

Nope, this is elliott wave theory guys, the price is gonna hit $30, then $100.  Bitcoin is undervalued, now that people understand it, they will hold tight, the market matured significantly since last summer's high of $31.90.  Perhaps, we could see $100 before the end of the year Smiley

I agree that both the market and the infrastructure has significantly improved, but I have a hard time accepting that the improvement is worth this much.
adamstgBit
Legendary
*
Offline Offline

Activity: 1904


Trusted Bitcoiner


View Profile WWW
July 17, 2012, 01:53:06 AM
 #26

Seriously?  WTF is going on?  This makes no sense.

We won't stop until you take down that bear.
I can't speak for Proudhon, but this kind of momentum is making me more bearish.

It's too fast, for too little of a reason. It smells like bubble.

I fully expect we'll visit the $6s again.  The first person to sell a few thousand will start a sell off.

dude its over stop holding on to a clearly dead bear.


This is it Bubble #2 is about to start!  
Let us all remember the game plan 12$ is the "top", 8$ is the bottom, and then sky is the fucking limit!

notme
Legendary
*
Offline Offline

Activity: 1638


View Profile
July 17, 2012, 01:55:22 AM
 #27

Seriously?  WTF is going on?  This makes no sense.

We won't stop until you take down that bear.
I can't speak for Proudhon, but this kind of momentum is making me more bearish.

It's too fast, for too little of a reason. It smells like bubble.

I fully expect we'll visit the $6s again.  The first person to sell a few thousand will start a sell off.

If you're so sure, go ahead and sell a few thousand.

https://www.bitcoin.org/bitcoin.pdf
While no idea is perfect, some ideas are useful.
12jh3odyAAaR2XedPKZNCR4X4sebuotQzN
bb113
Hero Member
*****
Offline Offline

Activity: 728


View Profile
July 17, 2012, 01:55:59 AM
 #28

It's too fast, for too little of a reason. It smells like bubble.

Bubbles are driven by hype.  Where's they hype?

This seems like one person/group who put like a million USD on gox. They will succeed at creating a bubble if they keep this up though. Noone wants to sell low, I think most have just been doing that to improve their position.
sadpandatech
Hero Member
*****
Offline Offline

Activity: 504



View Profile
July 17, 2012, 01:56:44 AM
 #29

Let us all remember the game plan 12$ is the "top", 8$ is the bottom, and then sky is the fucking limit!

That's where it's at. if this guy is chasing he will run it all the way to $11.99885  then who knows where the see-saw will balance it out at. I'm guessing 9ish

If you're not excited by the idea of being an early adopter 'now', then you should come back in three or four years and either tell us "Told you it'd never work!" or join what should, by then, be a much more stable and easier-to-use system. - GA
It is being worked on by smart people. -DamienBlack
Dargo
Legendary
*
Offline Offline

Activity: 1638



View Profile
July 17, 2012, 01:57:19 AM
 #30

Seriously?  WTF is going on?  This makes no sense.

We won't stop until you take down that bear.
I can't speak for Proudhon, but this kind of momentum is making me more bearish.

It's too fast, for too little of a reason. It smells like bubble.

This looks like a fairly classic base and break pattern, not a bubble. A move like this has been building in the chart for months. If we get much above 10 without pulling back and basing for the next leg up, then I might get a little worried that it is overdone. But otherwise it is pretty healthy bullish action.  
teflone
Hero Member
*****
Offline Offline

Activity: 770


You're fat, because you dont have any pics on FB


View Profile
July 17, 2012, 05:50:27 AM
 #31

Seriously?  WTF is going on?  This makes no sense.

I sold some BTC is what. As history has taught me, the moment I sell something the price immediately jumps. The converse is also true. I try to use this power only for good.

This....  ^^^^

For Canadians by Canadians: Canada's Bitcoin Community - https://www.coinforum.ca/
FreeMoney
Legendary
*
Offline Offline

Activity: 1246


Strength in numbers


View Profile WWW
July 17, 2012, 06:00:02 AM
 #32

Kim Dotcom spent a few days figuring out what Bitcoin was all about and tonight he decided to take the plunge??

Makes a little sense.

He hears about bitcoin, super excited, excited enough to realize he should open his goddamn mouth until he has all he wants. Timing works for that.

Play Bitcoin Poker at sealswithclubs.eu. We're active and open to everyone.
MoonShadow
Legendary
*
Offline Offline

Activity: 1666



View Profile
July 17, 2012, 06:01:44 AM
 #33

Nope, this is elliott wave theory guys, the price is gonna hit $30, then $100.  Bitcoin is undervalued, now that people understand it, they will hold tight, the market matured significantly since last summer's high of $31.90.  Perhaps, we could see $100 before the end of the year Smiley

I agree that both the market and the infrastructure has significantly improved, but I have a hard time accepting that the improvement is worth this much.

I'm honestly surprised that we haven't really tested the teens yet.  From my perspectives, the high last year was obviously a bubble due to hype, but there is no hype here.  In fact, quite the opposite, the bitcoin economy has grown significantly; and with Silk Road still marching along as if it's untouchable, the reputation that bitcoin can do what is claimed is starting to really talk hold.  Just last week I had the first person to ever ask me if I had heard about "this Bitcoin thing" without some obvious segway to the topic.  The current userbase should be able to sustain $15 at least, IMHO.  The last I looked, it appeared as if Silk Road alone was doing $2 million per month in gross sales, and the 24 volume record from MtGox alone is roughly 20% of the entire bitcoin base.  Some news is brewing here with this spike & pullback, I just don't know what it is yet.

"The powers of financial capitalism had another far-reaching aim, nothing less than to create a world system of financial control in private hands able to dominate the political system of each country and the economy of the world as a whole. This system was to be controlled in a feudalist fashion by the central banks of the world acting in concert, by secret agreements arrived at in frequent meetings and conferences. The apex of the systems was to be the Bank for International Settlements in Basel, Switzerland, a private bank owned and controlled by the world's central banks which were themselves private corporations. Each central bank...sought to dominate its government by its ability to control Treasury loans, to manipulate foreign exchanges, to influence the level of economic activity in the country, and to influence cooperative politicians by subsequent economic rewards in the business world."

- Carroll Quigley, CFR member, mentor to Bill Clinton, from 'Tragedy And Hope'
Serge
Legendary
*
Offline Offline

Activity: 1050


View Profile
July 17, 2012, 06:03:16 AM
 #34

Kim Dotcom spent a few days figuring out what Bitcoin was all about and tonight he decided to take the plunge??

Makes a little sense.

He hears about bitcoin, super excited, excited enough to realize he should open his goddamn mouth until he has all he wants. Timing works for that.

Did he get his funds unfrozen in a first place?
1l1l11ll1l
Hero Member
*****
Offline Offline

Activity: 711


TheMerchantShop.com


View Profile WWW
July 17, 2012, 06:03:33 AM
 #35

Kim Dotcom got his assets unfrozen and moved them all to BTC so the feds can't touch it again.

High Volume and/or High Risk Credit Card Processing. TheMerchantShop.com
Electricbees
Sr. Member
****
Offline Offline

Activity: 322


We are bees, and we hate you.


View Profile
July 17, 2012, 06:09:14 AM
 #36

Seriously?  WTF is going on?  This makes no sense.
This. Fucking this. Where the hell is all this traffic coming from?

Donations are welcome!
1BEES19ds5gEnRBoU1qNFPfjRXe94trMG3
FreeMoney
Legendary
*
Offline Offline

Activity: 1246


Strength in numbers


View Profile WWW
July 17, 2012, 06:10:40 AM
 #37

Kim Dotcom spent a few days figuring out what Bitcoin was all about and tonight he decided to take the plunge??

Makes a little sense.

He hears about bitcoin, super excited, excited enough to realize he should open his goddamn mouth until he has all he wants. Timing works for that.

Did he get his funds unfrozen in a first place?

I don't know, but we're talking 1 million. Maybe he found it in the cushions of a really big comfortable couch.

Play Bitcoin Poker at sealswithclubs.eu. We're active and open to everyone.
finkleshnorts
Sr. Member
****
Offline Offline

Activity: 336



View Profile
July 17, 2012, 06:33:35 AM
 #38

The Kim theory is nice, except maybe for the ridiculous sliding wall.
Serge
Legendary
*
Offline Offline

Activity: 1050


View Profile
July 17, 2012, 06:36:31 AM
 #39

Kim is looking for a billing solution for his next venture, but i don't think he has extra play money atm
Bjork
Sr. Member
****
Offline Offline

Activity: 461


Look for the bear necessities!!


View Profile
July 17, 2012, 06:37:29 AM
 #40

Everyone have fun trading tonight?  Grin

It looks like it might stay around 8 or just under, but the manipulators keep trying to push it both ways... Undecided

Pages: « 1 [2] 3 »  All
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!