Bitcoin Forum
December 10, 2016, 02:59:09 PM *
News: To be able to use the next phase of the beta forum software, please ensure that your email address is correct/functional.
 
   Home   Help Search Donate Login Register  
Pages: « 1 2 3 [4]  All
  Print  
Author Topic: For Those Wondering Why The Current Rally  (Read 9428 times)
Mageant
Legendary
*
Offline Offline

Activity: 1082



View Profile WWW
April 03, 2013, 07:59:43 AM
 #61

A person who claims to be day-trader says that he has been seeing large buys recently and it appears to him also that big players are moving in:

http://www.reddit.com/r/Bitcoin/comments/1bkhj5/it_cant_be_daytraded/

  ►  NEW ECONOMY MOVEMENT  ◄ 
  100% built from scratch • revolutionary forging mechanism • fairly distributed

BIETCOIN.DE - Kleinanzeigenmarkt für Bitcoin
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1481381949
Hero Member
*
Offline Offline

Posts: 1481381949

View Profile Personal Message (Offline)

Ignore
1481381949
Reply with quote  #2

1481381949
Report to moderator
1481381949
Hero Member
*
Offline Offline

Posts: 1481381949

View Profile Personal Message (Offline)

Ignore
1481381949
Reply with quote  #2

1481381949
Report to moderator
1481381949
Hero Member
*
Offline Offline

Posts: 1481381949

View Profile Personal Message (Offline)

Ignore
1481381949
Reply with quote  #2

1481381949
Report to moderator
Crazy
Full Member
***
Offline Offline

Activity: 168


View Profile
April 03, 2013, 08:04:13 AM
 #62

Well that's scary.
tvbcof
Legendary
*
Offline Offline

Activity: 1988


View Profile
April 03, 2013, 08:10:36 AM
 #63

The wealth transfer from holders of other stuff to holders of bitcoins is accelerating.

Figured I would let people know that the next 2-3 months are going to be extremely exciting with the bitcoin price. You may be tempted to sell but that may not be a very good idea and you will likely be regretting that decision six months from today. There is going to be a ton of funds flowing into Bitcoin.

Currently, there are a bunch of Silicon Valley VCs and Wall Streeters, at least 5-6 I am personally aware of, who are fighting over each other to establish multi-million dollar positions. But that amount of capital is going to look tiny compared to what is scheduled in about 2-3 months. The Bitcoin market, at current prices, is simply far far too small for these amounts of fund flows and why they are melting up the price by buying anything that appears for sale.

Heh!  Nothing could be more exciting than a feeding frenzy of well capitalized sharks in a market as tight as Bitcoin.

I really hope the Bitcoin community gets to benefit from this massive upcoming wealth transfer. To do so merely (1) hold onto your bitcoins, (2) restrict supply as much as you can (this is very important) and (3) make any of these newcomers pay dearly for whatever trickle of bitcoins you do choose to sell or spend.

Like I've mentioned before, 'parity' being defined as 1BTC/KG-Au sounds about right to me Wink

Thx for the heads-up.  Particularly if it is square and well founded.


deeplink
Hero Member
*****
Offline Offline

Activity: 602


In cryptography we trust


View Profile
April 03, 2013, 08:20:24 AM
 #64

Figured I would let people know that the next 2-3 months are going to be extremely exciting with the bitcoin price. You may be tempted to sell but that may not be a very good idea and you will likely be regretting that decision six months from today. There is going to be a ton of funds flowing into Bitcoin.

Currently, there are a bunch of Silicon Valley VCs and Wall Streeters, at least 5-6 I am personally aware of, who are fighting over each other to establish multi-million dollar positions. But that amount of capital is going to look tiny compared to what is scheduled in about 2-3 months. The Bitcoin market, at current prices, is simply far far too small for these amounts of fund flows and why they are melting up the price by buying anything that appears for sale.

Checkmate! Thanks for the info.
desper
Jr. Member
*
Offline Offline

Activity: 51


View Profile
April 03, 2013, 08:35:56 AM
 #65

Take a look at the differential between the MtGox USD price and the price at BTCChina. The price at BTCChina has been about $15/BTC above the MtGox price in the last few days. It seems the buying in China is even more aggressive than at MtGox.
deeplink
Hero Member
*****
Offline Offline

Activity: 602


In cryptography we trust


View Profile
April 03, 2013, 08:42:11 AM
 #66

Take a look at the differential between the MtGox USD price and the price at BTCChina. The price at BTCChina has been about $15/BTC above the MtGox price in the last few days. It seems the buying in China is even more aggressive than at MtGox.

And MtGox seems to be throttling the inflow of new funds (thanks to their "verification" process?) which is probably a good thing.
BTC Books
Member
**
Offline Offline

Activity: 84



View Profile
April 03, 2013, 08:52:06 AM
 #67


Heh!  Nothing could be more exciting than a feeding frenzy of well capitalized sharks in a market as tight as Bitcoin.


A perfect statement, that.

Dankedan: price seems low, time to sell I think...
sunnankar
Legendary
*
Offline Offline

Activity: 1030



View Profile WWW
April 09, 2013, 06:15:00 PM
 #68


Heh!  Nothing could be more exciting than a feeding frenzy of well capitalized sharks in a market as tight as Bitcoin.

A perfect statement, that.

Is this fun or what? And being right makes it even sweeter!  Wink

Pages: « 1 2 3 [4]  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!