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paulie_w (OP)
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July 24, 2012, 04:26:00 PM |
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seems like it, no?
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Every time a block is mined, a certain amount of BTC (called the
subsidy) is created out of thin air and given to the miner. The
subsidy halves every four years and will reach 0 in about 130 years.
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jwzguy
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July 24, 2012, 04:28:37 PM |
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No.
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Garr255
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What's a GPU?
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July 24, 2012, 04:32:49 PM |
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“First they ignore you, then they laugh at you, then they fight you, then you win.” -- Mahatma Gandhi
Average time between signing on to bitcointalk: Two weeks. Please don't expect responses any faster than that!
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BCB
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BCJ
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July 24, 2012, 04:35:19 PM |
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we'll see a move to 15 or 20 in August.
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knight22
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--------------->¿?
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July 24, 2012, 04:47:04 PM |
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we'll see a move to 15 or 20 in August.
What's make you think so? |
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BCB
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BCJ
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July 24, 2012, 04:55:46 PM |
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I certainly don't follow the Gox BOOK/VOLUME/TRADES as much as the chatty-cathy's on BTC irc however there have been some big players joining the club as evidenced by some of the big buys that have been made and the large BTC address that are public available. There is certainly increased VC interest. There is a HUGE (bigger then Facebook HUGE) potential in banking disintermediation so there is that opportunity when someone figures it out AND the public accepts it. In August, vacations are over for US, people are back to work and I think we'll see price increases due to real interest and increased speculation. I also think we'll see profit taking after any spike like that and another hack in August or September.
Disclaimer: I'm not betting my BTC on this. Purely speculation.
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humanitee
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July 24, 2012, 04:59:07 PM |
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No, definitely not.
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| Whitepaper
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BCB
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BCJ
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July 24, 2012, 05:02:58 PM |
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We'll see. This is still the "Wild West" of BTC. And government hasn't even weighted in yet.
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smoothie
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LEALANA Bitcoin Grim Reaper
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July 24, 2012, 06:10:07 PM |
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No $8.50 isn't a floor...it will become short-term resistance as we fall past it...
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gabbynot
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July 24, 2012, 06:14:08 PM |
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...and government hasn't even weighted in yet.
Thank God. |
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adamstgBit
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July 24, 2012, 08:05:29 PM |
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5$ is the floor 6.5 is likely to never be seen again 7.5 is likely to bring strong support 7.0 is likely to become the new 5 enjoy getting fucked over by this prediction  |
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SaintFlow
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The first is by definition not flawed.
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July 24, 2012, 08:14:57 PM |
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we'll see a move to 15 or 20 in August.
I agree. Simply because I finally got a friend convinced to try it. Doubling effectifly the number of Bitcoiners I know. Now it is me and him. I cannot say he will mine and buy as much as I but we will get there eventually. |
don't let me make you question your assumptions
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BrightAnarchist
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July 24, 2012, 08:16:22 PM |
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I want it to go back to $5 and just stay there for the next year, so I can accumulate more and more coins. And then go to $1 million each after that. That would be the ideal scenario  |
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BCB
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BCJ
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July 24, 2012, 08:19:29 PM |
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I'll also think we'll see $3 again in the next 12 months. We are probably a long way to from any significant stability.
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SaintFlow
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The first is by definition not flawed.
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July 24, 2012, 08:28:06 PM |
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I'll also think we'll see $3 again in the next 12 months. We are probably a long way to from any significant stability.
If nothing MAJOR MAJOR MAJOR happens to justify such a movement the amount of support that will materialize at even 4.3 is beyond my wildest imaginations. Flashcrashes excluded. The biggest trend I can see happening is that MTGOX will become mtgox and there will be constant discussion here on the forum which exchange really is the best. |
don't let me make you question your assumptions
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BCB
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BCJ
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July 24, 2012, 08:32:21 PM |
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I hope your are correct but I still think we're going to see more major hacks and/or more financial, corrupt, inept shenanigans.
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Yuhfhrh
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July 24, 2012, 09:25:37 PM |
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I want it to go back to $5 and just stay there for the next year, so I can accumulate more and more coins. And then go to $1 million each after that. That would be the ideal scenario +∞ |
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DeathAndTaxes
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Gerald Davis
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July 24, 2012, 09:30:43 PM |
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If it goes to $1M per coins does it really matter if you get in at $8.28, $5, or $10 per coin? |
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smoothie
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LEALANA Bitcoin Grim Reaper
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July 24, 2012, 09:35:52 PM |
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If it goes to $1M per coins does it really matter if you get in at $8.28, $5, or $10 per coin? It does it you are day trading this...buying and selling...you can gain more or lose more coins...if you know what you are doing...the first will be true. |
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███████████████████████████████████████
| . ★☆ WWW.LEALANA.COM My PGP fingerprint is A764D833. History of Monero development Visualization ★☆ .
LEALANA BITCOIN GRIM REAPER SILVER COINS.
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Jointops420
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July 24, 2012, 11:50:53 PM |
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If it goes to $1M per coins does it really matter if you get in at $8.28, $5, or $10 per coin? My thoughts exactly, I wont care a bitcent how many more I could of gone after if it goes to a million a coin because being a billionaire would take all my worries away in the financial realm. I am hoping this will be the new floor but hey BTC history shows me never get to complacent in what I think is where its going to be for awhile. I do think that there's a big probability that this is the start of the real growth phase after lots of time since last years drama and still BTC stands. |
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