All posts made by BitChick in Bitcointalk.org's Wall Observer thread
1.
Post 3494741 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_11.20h):
I guess China woke up? Good morning China!
2.
Post 3531284 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_11.22h):
I think the Shopify news is going to affect the price big time, and soon. I can picture frantic phone calls being made right now.
how big is shopify?
googled some statistics, they seem like one of the bigger players of e-commerce platforms.
Looks like a huge step for more mass adaption as web's global currency.
Now a lot of other similar services are in position to follow and not be left behind.
The bigger the potential spending capacity gets the more have to jump on the train no matter if they want it or not.
Bold prediction here: Amazon and Ebay will integrate btc during 2014! (wether via their own currency system or directly)
I would think that Amazon and/or Ebay would need to follow Shopify to keep up for sure! This is big news but I think it will have a trickle affect on the price and not a huge jump at first. The Chinese are doing just fine with boosting the price for now anyways.
3.
Post 3532041 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_11.22h):
I think the biggest difference this time it new people coming in... I've had people who have never considered bitcoin, and never traded stocks before asking me how to buy, and its so easy now to just direct them to coinbase.com instead of explaining exchanges and wire transfers to them.
Yes. Same here! I had told a few friends in the spring but we were using Bitfloor and it was tricky getting money into, not to mention the site did not even last (unfortunately because I really liked the trading platform there!) None of my friends signed up then. Now Coinbase is so much better and self-explanatory and one of my friends was over at my house last night just getting signed up and getting more information. She has more money than I do to invest so even at this higher price she should get a nice little stash when she finally is able to buy. Of course, at this rate it will be $400 when her account is activated! I would feel bad about that but I told her she should really buy when it wasn't even $200 yet but she did not act fast enough. I guess seeing the price rise so fast is an incentive to get involved.
4.
Post 3532446 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_11.22h):
I think the biggest difference this time it new people coming in... I've had people who have never considered bitcoin, and never traded stocks before asking me how to buy, and its so easy now to just direct them to coinbase.com instead of explaining exchanges and wire transfers to them.
Yes. Same here! I had told a few friends in the spring but we were using Bitfloor and it was tricky getting money into, not to mention the site did not even last (unfortunately because I really liked the trading platform there!) None of my friends signed up then. Now Coinbase is so much better and self-explanatory and one of my friends was over at my house last night just getting signed up and getting more information. She has more money than I do to invest so even at this higher price she should get a nice little stash when she finally is able to buy. Of course, at this rate it will be $400 when her account is activated! I would feel bad about that but I told her she should really buy when it wasn't even $200 yet but she did not act fast enough. I guess seeing the price rise so fast is an incentive to get involved.
someone I know sold a violin for 30K and I told him - buy bitcoins ASAP, and he laughed. That was when they were at the SR rebound - $120 or so. Oh well, I've certainly made mistakes with trading, but never again will i underestimate the power of this coin...
So, do you say "I told you so?"
I sell real estate part-time. Unfortunately not too many sales (just one last year) but I had a friend that was looking to buy a house for an investment in June. The price of BTC was about $120 then. With all honesty I told her that she might be better off just putting the money into Bitcoin. I had nothing to gain with this advice. In fact, I had a lot to lose with a sale and since I do not sell much at all that was being really helpful I thought. The market was going up too fast for her to get an investment property anyways so she has just sat on the cash and done nothing with it. If she would have put just a portion of the money into BTC she could have made over $100,000 on it by now! I am so tempted to say "I told you so." I will just hold my tongue. Some things are better left unsaid!
5.
Post 3545092 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_11.22h):
It's Obama's fault.
It's Obama's fault that I wanted to buy Bitcoin.
Maybe I should send him a thank you note in a year or two.
6.
Post 3564139 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_11.22h):
Looks like China is making a move...
It is 8:00 AM there now. I guess they just needed to get their cup of coffee and get going.
I am really starting to appreciate China.
7.
Post 3564571 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_11.22h):
Looks like China is making a move...
It is 8:00 AM there now. I guess they just needed to get their cup of coffee and get going.
I am really starting to appreciate China.
green tea, please!
(srsly, that stuff is good. as a lifelong coffee drinker some tea really kicks me in)
Coffee?
Blasphemy!
Starbucks is in China now right?
Coffee, green tea, whatever they are drinking it is working!
8.
Post 3569030 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_11.23h):
1414 just purchased on GOX in one transaction!
9.
Post 3574599 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_11.23h):
It seems rather encouraging how these "dumps" only cause minor dips in the price. Perhaps that is showing that Bitcoin is more stable then it was in April?
10.
Post 3582725 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_11.23h):
Like April? WHAT? In April the price hit $266 and immediately started tanking, lag went crazy and caused more fear and lag selling. The price dropped to like 70 in 3 hours. We've been at $400-$440 for over 24 hours now. Nothing like April.
You should not expect a similar repeat of last bubble, the trend reverse may be more subtle this time,whales suddenly starts red fireworks out of voodoo TA.
I'm not, I was just pointing out that 400+ has in no way behaved like 266 thus far.
I think any of the big dumps in the past few days on the exchanges would have caused a panic sell like April if there was not enough support for the price. We are at the base of an S-curve. Everyone should be studying exponential growth to get an idea of where we are headed and to get an understanding of why it is increasing so fast. The more people that find out about Bitcoin the faster the price will rise. It is common with any new technology adoption. If we think this is crazy, next year will be even crazier I believe. Sure, there will be a few bumps in the road here and there but we will never see anything below $100 again at this point. I would even venture to say that now that we have "stabilized" a bit here in the $400 range for a few days that the $200s are gone for the most part. Maybe there will be a day when it dips down for a few minutes but those coins will be bought so fast that it will be hard to catch them. Just my thoughts.
11.
Post 3583777 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_11.23h):
Overall sentiment is changing in a bearish direction,
very quickly all over this forum. From people expecting a crash from rising too fast, to Mike Hearns, Coin Validation, etc. The writing is on the wall. All it takes is for a whale or two to want to be first to take some profits. In times like these, in USD I trust.
But what are the Chinese saying? If they just keep buying I have a feeling that the whales can dump but there are enough people that want some coins that they will just get eaten up. Sure the price can be affected a little but to the point most people are expecting or hoping it will? That I am not so confident about.
12.
Post 3594200 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_11.23h):
At the end they tried to nail Jeff about how everyone wants to trade Bitcoin for cash and he wisely resonds "I have never actually traded any Bitcoin for money." Smart guy.
So interesting how the fox business reporters are so confident in their "real money." Hmmm. We will see how that goes for them.
13.
Post 3639807 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_11.25h):
Accidentally even some bears have become millionaires!! This is madness, err.. Bitcoin!!
only in bitcoin world bears get to have some cake too =D
Love this.
14.
Post 3641554 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_11.25h):
My wife wants to spend my coins
Give her 1 BTC, tell her to reinvest and that she can go crazy on the earnings.
She'll probably appreciate BTC more after she comes back with 0.
I was a little upset that we sold a few yesterday, even though we sold pretty high. We had to put new tires on our car though. I told my husband, "You know how expensive those tires are going to be now that we used Bitcoin to buy them right?" I have begun to think of BTC relative to what the coins will be worth in a couple of years and I am turning into a bigger hoarder of them then my husband!
I have also tried to daytrade, against hubby's wishes. I have not gained any coin doing that and I have lost a a little so I guess he is right in that.
All that said, can you convince your wife is she holds out a little longer that she can get 10X or more the shopping power? Think $1000 gift card to the mall instead of $100 if she just waits a year or two? Patience is important in Bitcoin.
15.
Post 3644971 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_11.26h):
Are you guys looking at different charts than me?
Looks like pretty normal volatility to me, compared to the action we have seen the last couple of days.
Volatility either side of the peak is a standard pattern, I'll be surprised if this time around we don't see the same as the previous bubbles. In fact, given how routine they are, I'm not sure we can call them bubbles as a bubble by definition is a one time cataclysmic event.
This
I don't think of them as bubbles anymore. Bitcoin = be your own bank and this volatility = herd mentality - everyone withdraw your saving at once. I.e. it's a P2P run on the bank.
Shhhh. We don't want the banks to know this.
16.
Post 3664296 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_11.27h):
i cant do it
i cant sell me coins!
again I've got 22 BTC a few days past a month so far mining as a NOOB....how many of you guys are gonna crack like an egg when/if BTC hits 1000 usd ..... ack....and from what I've seen on here if everyone runs to sell at the same time ..you seem to lock up the works anyway with no one selling....a nice little delusional loop
I've only got 22 coins ..it hits 1000 usd and I actually have the $$$ to plan and implement my foolish mid life crisis correctly (sports cars co-eds and bimbos)..(must resist)
anyway you with over 100 coins (big brass ones) I will watch ponder and learn and
www.mtgox.com is at $721 and going up as I type ....all aboard the 'roller coaster" exit stage left
sheez....only been doing this a month and flabbergasted already
Don't think that you are the only one with such a small portfolio! Big profits can still be made with what you have, it's all about timing and it's never too late!
Haha you say that 22BTC is a small portfolio... That's still huge compared to me! 0.11BTC currently! I just need to invest more and will when I get paid again
Honestly though, a long term (as long as BTC doesn't get outlawed in future) market cap of $50B-$100B is feasible and that would price each BTC at $2381- $4761. That's not taking out the lost BTC or BTC in storage (not in the exchanges) so with that taken into account I think the price *should* go a lot higher than that long term.
Well obviously now it is. A year or so back, 22 BTC wasn't that much. A lot of us here on the forum go way back and had the opportunity for a lot of cheap coins. (I wasn't one of the lucky guys, I discovered BTC when it was close to 70$). Still, if you believe in BTC; acquiring more at a pace you are comfortable with is the way to go.
Some of the guys here have over 1K coins, that just makes me sick
.
I often think about the "What if's" of getting into BTC earlier. I had a dream (or nightmare) last night. I was at a PTA meeting and I overheard other moms talking about Bitcoin so I jumped in and said, "Oh. You have some Bitcoin too?" The moms replied, "Oh yes. We bought them when they were $1." My heart sank and I thought, "Everyone got bitcoin sooner then me!" I woke up realizing that is pretty crazy. No one around me has even heard of Bitcoin still and the ONLY people we know that have any are the ones we have told personally. This might be different in other parts of the world, but not in our circle here near Los Angeles. I console myself that someday It will probably be the other way around. I will be talking about Bitcoin, someone will be bragging they got them for $200 per mBTC and I will just say, "Yes. I got them for $200 each too!" Not mentioning that they were $200 per full BTC.
We will see of course. . .
17.
Post 3664677 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_11.27h):
Now that we are discussing about anything.
Does anyone have an opinion on having a BTC donation address in your signature?
Have any of you ever gotten anything from having one? A cool story perhaps on how you randomly received a ton of BTC.
Kinda looks like begging in the digital age doesn't it
. (And I'm taking part of it
).
I have never gotten a "tip" but I figure I have not had any posts worth of one.
Now I suppose if I could come up with some heart wrenching story?
The only story I have right now is that our new dog we got for our daughter (she begged for one and we picked one up at a shelter) is not the "Italian Greyhound Mix" that they said it was and it seems to actually be part Pit bull. My father-in-law lives behind us and does not like our new dog. He is a bit of a grumpy old man and has instigated things so now our new little dog is out to get him and he accidentally got out and then bit his hand. So we were afraid that we would have to give up the dog which caused many tears around here.
It is especially sad because the little dog is just frightened of the mean grandpa and acting out of instinct. We have decided to install a $800 fence/dog run in the backyard instead that will at least serve as another level of protection for the dog and grandpa. So our sob story is that we cannot buy anymore Bitcoin. We have to buy a fence to keep our little shelter dog. Or find a new home for Grandpa! (this would require much more than $800 though) Bitcoin tips accepted.
This is all true, but probably still not tip worthy! LOL
18.
Post 3666858 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_11.27h):
I can't believe I sold all just under 500! I was so happy to have over a half million $ that I couldn't wait. Oh well, I guess all I can do is sit in my new completely paid off house and cry. lol
You sold all? Really?
IMO at current BTC valutation selling "for good" (to cash in fiat profits) more than 35% of ones BTC stash is completely crazy, regardless of when you bought in.
If you bought in low double digits/single digits, then your profits are SO HUGE that selling only 20% will grant you a massive gain, while you still keep bullets for the "next round".
If you bought just a few weeks/months ago, then selling 20% is probably enough to recover your full investment, while you keep riding the BTC trading.
In any case, selling all seems like something you will bitterly regret in the near future. I guess you dig in the forums and read the stories of those who sold tens of k's of coins in 2011 (if not hundreds of thousands of coins), bought a nice house and a nice car and retired from the BTC scene for good. Just 2 years after those guys would be so wealthy that their kids and the kids of their kids would be all set for life.
Yep - it might not happen. But its the kind of opportunity you just cannot afford to lose
I already kind of regret it but I mined for most of my coin so long ago and this is such a giant windfall that it's hard to not be happy.
Mortgage the house and buy some back. Or get a second loan and buy some back. You will eventually be able to pay of the second loan and still have some coins in case (which there is a decent chance) we get to $100,000 and beyond.
19.
Post 3666891 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_11.27h):
Malevolent is right. Never go full fiat. That's been historically a losing strategy, and that's a matter of fact - unless you sold to buy back lower and you succeeded, obviously.
The dude made half a million bucks. I would be happy....
If he had left half on the table, he'd have another $100k by now.
OK, but you never know that, right? Having a house is lower risk.
I would probably never cash out completely, but still, can't blame the guy, as I said, I would be happy in his place.
All of the logaramithic charts point in the direction of Bitcoin reaching $1000 by early next year and even $5000 to $6000 towards the end of next year. So I would have thought a little patience would be a good thing right about now.
Sure, I am not sitting on half a million in BTC so it is hard to say what I would do (plus I already have a house but with a hefty mortgage payment) but I would think cashing out smaller amounts just in case it goes up to the amounts being predicted would be the safest way to go at this point.
20.
Post 3670341 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_11.27h):
I wish I had another $500k to invest in bitcoin right now.
This next leg up is going to be epic. Hopefully we bounce around for another week or so before it breaks out.
It has already been epic. Somehow $1000 to $10,000 seems more impressive then $10 to $100. The distance is the same though.
21.
Post 3674714 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_11.27h):
Man, this is boring!
I was really hoping to see 900 last night while sleeping to sell off and buy back this morning at 6 or 700...but no, this steady 750 crap on gox is lame...since when did the market calm down so much?
Start a "Tired of 750" thread.
22.
Post 3682589 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_11.28h):
Well, for what it's worth I've cancelled my sell orders...I get the feeling a spike is incoming.
EDIT - BTC promptly stalls at Y5400...
almost an hour and a half later, literally stalled, like a flat top you could land a plane on. weird. What magic do you possess?
Stalled!!!?
We are steadily climbing to meet the ATH on Gox candlesticks! CHOO CHOO
Y5400 ... china
been 5367-5368 for 2 hours
All the people wanting more stability can be happy for a few hours this way.
23.
Post 3710755 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_11.28h):
Is 800 the new 15 and or 130???
hmmm
You have to ask?
How about this, $15 you sell your wife to buy BTC
If its $130, you buy yourself another wife
Deal?
yeah, i more or less did something like that... going all in at $3 was pretty hard for a while.
anyway she is getting a very nice ring for christmas. diamonds and gold is still are she really cares about, lol. silly girls.
I am a girl and I would prefer Bitcoins to Diamonds at this point! Why? In a year or two I could get 10 or even 100 for the price of 1!
I have always loved a great deal. Bitcoin could be the best "deal" ever!
We will see though. I was complaining this morning that so far our investment in Bitcoin has only grown in the virtual world. We have not yet seen any benefits from it in the physical world. We will start pulling some out in a year or so I think, depending on how fast and high it grows.
24.
Post 3711086 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_11.28h):
Is 800 the new 15 and or 130???
hmmm
You have to ask?
How about this, $15 you sell your wife to buy BTC
If its $130, you buy yourself another wife
Deal?
yeah, i more or less did something like that... going all in at $3 was pretty hard for a while.
anyway she is getting a very nice ring for christmas. diamonds and gold is still are she really cares about, lol. silly girls.
I am a girl and I would prefer Bitcoins to Diamonds at this point! Why? In a year or two I could get 10 or even 100 for the price of 1!
I have always loved a great deal. Bitcoin could be the best "deal" ever!
We will see though. I was complaining this morning that so far our investment in Bitcoin has only grown in the virtual world. We have not yet seen any benefits from it in the physical world. We will start pulling some out in a year or so I think, depending on how fast and high it grows.
Do not forget to take profits on the way up.
exactly, my wife has more bitcoins than most people on the forum. she held and now she wants some bling. she is young so whatever. its not like she is selling a significant amount.
BTC appreciated so much that somebody that bought aprox. 1 year ago (lets say 2012, or even Jan-Feb 2013) now has such a massive amount of unrealized profits (50x- 60x) that by selling only 10% of their stash they would be looking to at least a 5x profit compared to their initial investment... While continuing to hold to 90% of their stash. Not realizing profits in that scenario is plain dumb IMO, we all need some bling
We did not purchase 1 year ago, unfortunately! We were the "lucky" ones that bought right before and then into the April bubble and then were a little upside down on some coins for a long time. But we were patient and held. I agree though, when we get to 50x to 60x profits I agree that we should realize some of the profits for sure. We have a plan in place but we are not in the same place as many of you here.
There are some that are just waiting for the day when Bitcoin is taken at most locations though. That might be convenient but we will see.
25.
Post 3717163 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_11.29h):
these small uptrends that don't lift off scare me...but I think that's because bitcoin has been steady raising since I bought in...I feel as if a dump from a whale is waiting in the depths...at the same time.. I could see the switch to a slower uptrend with some volatility.
Restarting my computer and taking a bio break...this would be the time its shits the bed or goes to the moon.
Haven't the whales already been dumping? I think they are not getting the same results that they used to get though so perhaps they will slow down a bit. Also, as time goes on they will sell coin and the whales will be holding less to dump I would think.
26.
Post 3737340 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_11.29h):
I don't even know what to say. I am a "bull" but even this shocks me.
27.
Post 3737723 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_11.29h):
Cheers and congrats everyone! Time to move out of mom's basement
Buy a mansion and she can move into yours.
28.
Post 3776380 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_11.30h):
Get ready ladies... Gox is about to take off.
ladies? Are you just talking to me? There aren't that many of us on here.
29.
Post 3776490 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_11.30h):
Get ready ladies... Gox is about to take off.
ladies? Are you just talking to me? There aren't that many of us on here.
I think half the guys in here died a bit inside when they found out you're married bitchick
Sorry if I was leading you all on!
Hopefully I can provide some hope for you all that there are women that have a bit of "geek" in them that appreciate that in a man though!
30.
Post 3810409 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_11.31h):
over 9000 before new year's eve, 2014 is the year of bitcoin, we're going to 100k
.
A little bullish are we?
I think 100k by the end of 2014 is likely at the rate we are going. 9000 by new year's though? I think 2000 is a more realistic number at this point but if I am wrong I will have a very happy new years for sure as will most of us on here!
31.
Post 3813834 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_11.31h):
The best course of action for the guy is to extort Bitcoins from you guys on a bitcoin related tor site by means of a signed message saying: Send me more coins or I will dump.
This almost makes me send a Satoshi with the message: "Dump Moth*** , Dump If you have the balls"
Do it:)
Now seriously: if he wants to dump, he still needs to do it in an orderly fashion. In summer 2011 somebody dumped hundred of k's of BTC and took the price to $0.01 (a forum user bought like 270k BTC for $3k), and Gox just halted trading and "rolled back". If something like that happens (hundred of k's dumped) the exchange would just stop the activity as they would assume that something fishy is going on.
Well he could pay for himself and some buddies to take a $250,000 space flight without dumping on the exchanges.
I think some car dealerships are taking BTC. He should look for someone selling a house for BTC too.
Maybe I shouldn't be helping him though.
32.
Post 3829529 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_11.32h):
This is The Great Crash!
I WAS RIGHT!!!
Yep, crashed right back up to 1230+ LOL
Someone (or a few people) dumped over 1000 coins and we are almost back to where we started on GOX. That seems impressive to me. I don't know. I think in the past a dump like that would have caused more panic.
33.
Post 3842444 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_11.32h):
Yeah, ok, so what do you guys think of Woo's 3 headed hydra evaluation where each part money transmitter, payment service and store of value equal 5B (which of course comes out to one coin around 1337 USD
)?
I think he is off by about $100,000 per coin. Give or take a few hundred thousand more.
It could get to $1337 by the end of this week, seriously. By the end of December for sure.
Oh well, at least he is giving some validation to the utility of BTC.
34.
Post 3843997 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_11.32h):
My 5 year old son says "Daddy, how many bitcoins do you have?" I answered. He said "Daddy that's not enough, you should buy some more Bitcoins"
I have one very smart 5 year old
So how many bitcoins does a 5 year old think is "enough?"
35.
Post 3845037 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_11.32h):
Am I the only one completely unfazed by this drop? Perhaps it is a sign that I have been involved with BTC long enough to understand that what goes up must come down but will eventually go up again? As a newbie I pretty much panicked in April and was depressed when the price dropped after that epic rise but now it just feels normal and almost welcomed to have some drops. Corrections have to happen in the growth process I believe. The great thing I am seeing is that the drops are getting smaller percentage wise. Perhaps due to the larger number of holders and less whales that can manipulate prices?
36.
Post 3845532 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_11.32h):
Am I the only one completely unfazed by this drop? Perhaps it is a sign that I have been involved with BTC long enough to understand that what goes up must come down but will eventually go up again? As a newbie I pretty much panicked in April and was depressed when the price dropped after that epic rise but now it just feels normal and almost welcomed to have some drops. Corrections have to happen in the growth process I believe. The great thing I am seeing is that the drops are getting smaller percentage wise. Perhaps due to the larger number of holders and less whales that can manipulate prices?
No. Everyone else is completely unfazed as well.
Well damn. I thought I was just personally starting to become "cooler" to these swings. Apparently everyone else is as well.
Yeah, I am much happier now that Barry Silbert has our backs, ready to turn
his firehose of fiat on any flash crash.
`
I am thankful for Barry Silbert and Second Market. I was just thinking that perhaps the drop is really good because maybe Second Market can call people and tell them that there is "sale" on BTC going on!
Also, there is a discount on fees through the end of the year. Will there be a bunch of people jumping in at Second Market before December 31st to take advantage of the small discount?
37.
Post 3845952 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_11.32h):
Has anyone gone back and read the OP for the hell of ot? I did. It's kind of funny
Do not post random comments on this thread, unless it is directly related to the last wall update
...
just don't be posting about your "FEELINGS" and you won't get delete.
You have all been warned. Keep it on topic, guys and gals.
Also: TO THE MOON!!!!!!!! (Next Tuesday, back to low orbit next Wednesday.)
Oh. I never read the OP. I thought this entire thread was about discussing our feelings! Oops. My bad!
Also, how can a woman post anything without sharing her feelings? Maybe I need to start a "Feelings about Bitcoin Price and Movement" thread.
38.
Post 3852504 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_11.32h):
i mean... 1000 sell walls that appear magically at various price points...
whoever is doing that, FU!
Hopefully someone with a bunch of cash decides to buy them all before they can remove the sell wall.
It is a bit risky for whales to play these games sometimes.
39.
Post 3857906 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_11.33h):
Price is totally going up! How do I know? I just had the compelling urge to sell and day-trade a little and every time I do that the price rises and I have to buy in higher. Guaranteed!
Thankfully I only trade a very, very small amount but I am even giving that up because I am so bad at it!
We will see if my holding strategy works better this time . . .
40.
Post 3866619 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_11.34h):
So what are everybody's short term expectations?
Have we hit the bottom around .57 or are we going to go any lower than that?
I wouldn't expect it to go lower then that, i think we have some wild trading over the weekend and then finally settled at the bottom of the CHOO CHOO MOTHERFUCKER channel.
I'm hopeful too.
And most importantly: I've finally found my zen.
I'm just going to wait this one out ...
I got a some money on the exchange, i'm buying out the the panic sellers.
Thank you. Wish I could too. No money to spend right now.
41.
Post 3869681 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_11.34h):
I am beginning to wonder if I am the only person here who does not live his parents, has a car which cost more than a thousand bucks, a nice sofa and er.... a girlfriend.
Maybe I am not nerdy enough and that's why I have not go as many coins as others seems to have
No , you're not:)
I will have to try harder - I think if I keep spending as much time as I have done watching the screen, I might be single before too long.
Also - to be fair - when she said 'why don't you sell them, then?' when I showed here they were over 1200 a pop, she now thinks she was right.
I want to be right but not sure I want to be single...
She will forgive you, and might even say "You were right" when the price gets to $2000.
42.
Post 3869715 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_11.34h):
The real indicator that the crash is over is that this thread switched to talking about cars and girlfriends.
I don't see anyone bragging about their cars or girlfriends , so the atmosphere is still gloomy
BitChicksHusband is not online right now but he just bought a Mercedes CLA. I will brag for him. It is pretty nice. We did not pay for it in BTC though. I learned from some of the mistakes of a few posters on this board that it is not a wise thing to spend BTC on over the long haul so we will have a nice little car payment for a while. As for girlfriends, he doesn't have a "girlfriend" to talk about though, unless I count.
43.
Post 3874185 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_11.34h):
crash to twice previous ATH at worst right? That's about what BTC normally does isn't it?
Sounds about right.
The question is how long this time to twice the previous ATH? Last time it took a while. It was very long Summer. Perhaps the Winter will be kind to us. (Or switch that if you are in the Southern Hemisphere)
44.
Post 3891132 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_11.34h):
Wow, what an emotional and physical turmoil this
"crash" had on me.
Not sure if I can breath a sigh of a relief yet, but feel must more at ease now that we have moved up again.
That morning when I woke up and the price was basically crawling around on the floor it was really tough on me to keep a level head and not to freak out.
I was so close to just unwinding everything I had, taking the knock and walking away. I think the hold mantra and the "this too shall pass" credo on this forum saved me from going through with that final decision. In the end I sold about 15% of my BTC at $730, which I consider a very reasonable price to pay for my newbie schooling. It could so easily have been everything at $580ish.
One of the biggest reasons for me freaking out was that I went from being 30% in BTC, then 50%,75% and then 95%. When I was at 30 and 50 percent the price swings barely raised an eyebrow, but once I was at 95, I just had to stay awake late at night, finger on the button, JUST IN CASE EVERYTHING came hurtling down in the blink of an eye. This was even though I was in it for the long run with all the best intentions of holding.
I personally think one of the forum posters here, Vycid, always has some or other meaningful posts which I seem to take valuable insight away from. I recalled that he mentioned that if you were constantly second guessing your long position, that you had too much invested. This was exactly my problem. I have now brought my position back to about 75%, aiming to bring it down just a little bit more. Although this is still a little bit high for me, but my stress levels is down by about 90%. I can now again see this as an exciting money experiment that I'm conducting with a portion of my money, which would not be the end of the world if it halved or dropped to even 10% of its value (think I would get out before it reached 0
).
All in all, had interesting reflections on how greed and fear operated within me and how easily your emotions can take hold.
In any event, I am ready for which ever direction we move in, because the only thing I'm doing now is holding like a motherf#cker.
Most of us have gone through this. For some of us it was in April though. I was tempted just to sell everything and walk away but thankfully I chose to be patient and wait and see what would happen. It is so much easier dealing with drops when the price you paid for your BTC is substantially lower then the bottom of a "crash" or "correction". The next time we have a so called "crash" it will be way less painful for those that have purchases in the $1000 range. Sure, going from $5000 back to $2500 or whatever happens in the future will suck for a few days/weeks, but BTC never disappoints those that have held long enough.
45.
Post 3906852 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_11.35h):
Bitstamp has just gone horizontally linear after a perfect hyperbola. I've never seen anything like this.
Ominous...
bullish of course.
46.
Post 3926194 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_11.36h):
Two MAJORLY bullish news articles today!!!
SecondMarket CEO: Wall Street Will Put 'Hundreds of Millions' Into Bitcoin
http://www.entrepreneur.com/article/230346and this one in the NY Times:
Bitcoin Believers See a Role for Wall Street
http://dealbook.nytimes.com/2013/12/11/bitcoin-believers-see-a-role-for-wall-street/I have always been bullish but all I can say is BUY, especially before Wall Street jumps in.
47.
Post 3926232 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_11.36h):
that wallstreet article is bullshit
Let's say it is. (Second Market would know though I would think) But people will read it and still invest anyways so it can't help but be bullish news.
48.
Post 3926489 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_11.36h):
While I don't really doubt this at all, SecondMarket has positioned themselves to clean up on wall street investing into Bitcoin. Of course they are going to say this. This is an advertisement masquerading as news.
Sounds like a smart move on their behalf. I am sure the fund, or group that follows them next will make some great returns and so on, just like the earliest investors have already done. It is just the nature of BTC. The crazy Ponzi Scheme (ooops I meant investment!) that it is.
49.
Post 3926515 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_11.36h):
For you or your girlfriend?
I guess she gets to ride in it regardless though! So happy for you!!
50.
Post 3926673 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_11.36h):
For you or your girlfriend?
I guess she gets to ride in it regardless though! So happy for you!!
Honestly my wife bought it with her bitcoin. It is in her name.
I bought an XL 500 (not paid for with btc sadly) about 4 hours before. Was a long day.
And yes, once the Lambo gets here there will be all sorts of pics and what not. Hope to get the media on this and boost BTC. Once people know BTC can be used to buy things like Lambo's they might get a bit more interested in it.
Oh. Sorry. I forgot you were married. Many guys are not on this board.
Hopefully she got a color you will be seen in. I know if I got a bright pink car BitChicksHusband probably would not want to drive it, even if it was a Lamborghini!
51.
Post 3926810 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_11.36h):
Whenever I see this picture, for some reason I think Mark ate a bunch of bubble gum and then farted.
Thanks for the visual.
Too funny.
52.
Post 3926897 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_11.36h):
So.... i see the veterans are holding while the noobs are panic selling .....
Some veterans are buying Lamborghinis.
53.
Post 3927679 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_11.36h):
News about fidelity is huge... Asking myself why the price is still so low
Putting money into exchanges and even setting up an account at Coinbase is very time consuming unfortunately. Maybe in a few days we will see the impact of this news. We will see of course.
54.
Post 3928228 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_11.36h):
JulieFig nice post, welcome to the forums!
Yes, welcome JulieFig. We girls are a bit outnumbered on this board.
My husband is just about as obsessed as I am. Give yours some time. If the price hits about US $10,000 next year he might become an even bigger fan!
We bought into the April spike in price and we were a bit underwater for a bit, which was disheartening. However, a little patience is a great thing when it comes to BTC. Just hold and wait for a few months. Chances are very good you will not regret it and your small stash is more than most people have in the world. Most have none!
55.
Post 3941847 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_11.37h):
According to the LA Times local article posted today you live in Missouri!
Nothing wrong with Missouri but it is a bit far from Thailand. LOL
Here is the article:
http://www.latimes.com/local/lanow/la-me-ln-lamborghini-bitcoin-20131212,0,847450.story#axzz2nJ1L8N3F
56.
Post 3942020 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_11.37h):
it is being shipped to Missouri, im here on holiday.
Missouri? I have been to almost all of the States and that is not typically a major tourist destination.
There are some pretty places there for sure. I have a feeling not too many Lamborghinis are there though.
You will turn some heads I have a feeling.
57.
Post 3984397 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_11.38h):
I don't think anyone here really realizes how very rich you are all going to be someday. Oh, sure you all bla bla bla about holding coins and buying more but don't realize that you will honestly be wealthy. If any of you were to get hit by a bus and wake from a coma 10 years from now, if you properly secured your wallet, you would want for nothing the rest of your lives.
10 years? Hopefully 2 or 3 years is all it takes.
I could do without the coma too.
I think many of us are very optimistic. Nothing is for sure though. The strange thing is I tend to be pretty conservative and not much of a risk taker but with Bitcoin it is hard to not just throw caution to the wind and go all in. The rewards outweigh the risk so much that it is more logical to do so than not to.
58.
Post 3986553 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_11.38h):
40k is not that much. I would say no.
59.
Post 4031460 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_11.42h):
hours.
Does that mean automatically there will be a huge 10-15% increase in price? or more?
I battle with watching something and anticipating. The opposite occurs every time.
Hope is alive!
60.
Post 4033816 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_11.42h):
guys, the bottom is in
For what it's worth I concur.
I am a "hodler" though.
61.
Post 4033951 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_11.42h):
This week was the perfect storm. We have a bunch of people that need to cash out for Christmas (I know not everyone celebrates Christmas but I think many do
) couple that with the China fiasco and we have a nice big crash. Just thankful it was not worse really.
Next week there will be Christmas money flooding in, and a few people that want to buy before the end of the year for whatever reason, (Perhaps because Second Market is giving a discount on fees if they buy in before the end of 2013 for one example)
It will go up before the end of the year. I have no doubts.
62.
Post 4034163 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_11.42h):
The immediate trend is strongly UP. On daily basis we are way oversold. I expect an advance to 666 area in the following hours/days. After that, the downtrend resumes and visiting the long-term trendline at about 450 is a strong possibility.
EDIT: Bitstamp
You are usually right. I would love for you to be wrong on this one though. Just tell me when we are going to $10,000 Rpietila!
63.
Post 4035425 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_11.42h):
Hello from China.
Have you gone there to buy all the coins?
Or to persuade the Chinese government to not be asshats?
Loaded, please buy as many coins as possible. I will forevermore be your fan and thankful you can use your "loadedness" for the good of the Bitcoin community!
And if you can talk the Chinese government into realizing that they have the chance to become the next world power if they will just not be stupid and let their people use BTC that would be appreciated too.
Thanks and Merry Christmas.
64.
Post 4035621 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_11.42h):
Hello from China.
Buy up all those cheap coins!
There is a nice wall of 2169 coins available for 2619 Yuan right now.
65.
Post 4035851 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_11.42h):
Hello from China.
hey there, have you crapped standing up yet?
lol wut, they do that over there??
Yup
the good old
Don't you think this is more hygienic? (and obviously people are not standing to do that)
I'm scared of falling in. Are they like that in bars too?
Well even at a 4 stars hotel,... we had a nice marble version of this. .... i dont know why
Females have a serious disadvantage using these BTW! I had an experience in Taiwan that I want to forget!
66.
Post 4035864 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_11.42h):
I really enjoyed seeing that 2169 wall go down.
Is Loaded to be thanked!?
If so, I am a total fan now!
67.
Post 4035987 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_11.42h):
I doctor friend once told me that it's much healthier to shit squatting than to sit on toilets as westerners do.... something about long term effects, organ health..... something....
Supposedly it's better for the plumbing because less force is required.
Someone just needs to design a raised platform to place around western styled toilets so we can get the "squatting" experience here the USA. Sell it on an infomercial and talk about the health benefits.
68.
Post 4036051 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_11.42h):
Someone just needs to design a raised platform to place around western styled toilets so we can get the "squatting" experience here the USA. Sell it on an infomercial and talk about the health benefits.
Already exists. Search for the "Squatty Potty."
How do you know these things?
Oh darn. I was going to sell my BTC and make this. It could have been "BitChicks Squatty Potty!"
I don't think I would want to star in the infomercial though! It might be awkward to demonstrate.
69.
Post 4099480 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_11.45h):
so are we all going to agree then that satoshi is in fact santa clause and 400k coins are set to fly around the world in a couple days?
That would be nice.
Of course if Satashi decided to give out coins from the kindness of his/her heart that would perhaps cause the price to drop a bit. I can't imagine everyone hodling all those coins.
70.
Post 4111158 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_11.45h):
wow, even though he is going to lose, the courts are going to have to make a ruling on it, and more or less claim that btc is property and thus give it all sorts of rights.
pretty cool for btc.
also he more or less admitting to running silk road must mean his case is extremely weak.
Will this force the US government to wait longer to do anything with all of that BTC? That could be good for Bitcoin's value too I would think. The longer they wait to sell is less coin on the market.
71.
Post 4145775 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_11.46h):
Everyone is cashing out their Christmas gifts/cash and putting into BTC.
Merry Christmas everyone!
72.
Post 4188817 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_11.48h):
Can someone explain to me what is happening right now?
Here are a few reasons I can think of myself:
1. Someone thinks the price will fall further.
2. Someone needs cash / cashes out.
3. Someone wants the price to go down. Why?
4.
A big player is dumping 1K of coins in order to cause fear and despair to shaky hands and get more later
This always comes into play.
However, I was wondering if there comes a point in which the "big players" really are just testing the market to see where it is going? If they dump a bunch of coins and no one panics or reacts then they have tested the bottom and found that it is strong, then they see that they should buy? Just thinking here.
73.
Post 4188928 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_11.48h):
Wake up to find no movement and 3 pages of butthurt people bashing on rpietila yet again.
That was me two years ago. People who makes waves, right or wrong get that sort of reaction. I like reading rpietila's posts as they are well thought out and are logical, even if I do not agree with them 100% of the time.
Would be a crazy "free market" if we all thought the same thing all the time.
but the last couple of days I have went down to a zero level because of few annoying posts, Mirsad being racist, and rpietila ...
Wow.. not putting mirsad on the ignore list, really?
Who is mirsad? Maybe I have ignored without even realizing it!?
74.
Post 4189138 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_11.48h):
panic time !!!
sell before its too late
or BUY before it's too late.
75.
Post 4190129 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_11.48h):
Nah ... looks more like the end of a bull trap to me, and a pretty predictable one at that
New lows in the next 2 weeks IMO and months before we see $1000 again
Maybe then people will stop using this childish 'HODLING' word after they get a good SPANKING
Current uptrend tested but still in tact:
.....the larger fib resistance proving to be tough to get through.
Jees, it's been about 5 minutes ... that hardly qualifies as 'tough'
There will be at least one more bull trap before January 31st when Chinese have to withdraw fiat from their exchanges.
I'll repeat this. After January 31st Chinese can withdraw. Just not fiat. So, just like on MtGox: Buy BTC and withdraw those.
Now your homework exerice: Will this provide (short term) momentum up or down for Bitcoin prices?
Alot can happen in the BTC in one month.
Perhaps China will "change their minds" after some regulation comes into play.
If that does not happen, news of more large companies like Overstock.com accepting BTC will bump the price.
These are just a couple of things.
The January 31st deadline is something to think about but it is no guarantee that the price will drop.
76.
Post 4191062 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_11.48h):
Nah ... looks more like the end of a bull trap to me, and a pretty predictable one at that
New lows in the next 2 weeks IMO and months before we see $1000 again
Maybe then people will stop using this childish 'HODLING' word after they get a good SPANKING
Current uptrend tested but still in tact:
.....the larger fib resistance proving to be tough to get through.
Jees, it's been about 5 minutes ... that hardly qualifies as 'tough'
There will be at least one more bull trap before January 31st when Chinese have to withdraw fiat from their exchanges.
I'll repeat this. After January 31st Chinese can withdraw. Just not fiat. So, just like on MtGox: Buy BTC and withdraw those.
Now your homework exerice: Will this provide (short term) momentum up or down for Bitcoin prices?
Alot can happen in the BTC in one month.
Perhaps China will "change their minds" after some regulation comes into play.
If that does not happen, news of more large companies like Overstock.com accepting BTC will bump the price.
These are just a couple of things.
The January 31st deadline is something to think about but it is no guarantee that the price will drop.
the correct answer to wws question is up...
btw. i sold major portion, im now 80/20 (usd/btc)
Ditto
BitChick, you sound desperate ...
I am just a long term holder and always optimistic.
I could be totally wrong but in the Bitcoin world no one that has held longer than 6 months has lost any value.
77.
Post 4191080 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_11.48h):
Rpietila seems a reputable in his views.
I think we all should read his writings, learn him, try to figure out his mood and based on this, sell or buy coins.
The price will go quite low if we can trust him - usually we can. He made his bearish call correctly last time while all were laughing at his face, spitting on him and considering him as slain of God, the man of sorrows, the friend of pains etc.
After all, he made his trades and tons of money. Now those of you who do not follow his paths right now will loose as the price eventually crashes.
He is making money so why shouldn't I do it with him? I hope you guys here are also in the same boat with me. It is not that difficult to turn from bull to bear. I did it after I found Rpietila did it also.
It takes great patience and confidence to trade like Rpietila. Most people cannot do it as well as he does.
78.
Post 4196055 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_11.48h):
Thanks wachtwoord, there
are bulls here who could handle the event of another monstrous bear market and a long period of consolidation = boredom, but they are, based on my impression, very few.
Of course, they will tell you that today is different and conjure up some very losely price connected "fundamentals". But it comes down to "today must be different, because today it's my money at stake".
Ok. So is your prediction that this is the beginning of 2011 all over again? A bear market where we reach final support at below 100 and where we dont see ATHs again until 2015?
If so, just say it clearly so we can all understand where you stand here. I, for one, would greatly like to archive your answer to this question.
I don't think we will. I just don't think we will go up x10 or even x100 every year as many of you guys expect.
It's funny how you would like to have a single statement so you can point at me should it (not) happen. This is a game of
probabilities, and coincidentally (even though I am not trying to achieve it – I'm merely limiting my risk to preserve purchasing power, and always gladly sacrifice nominal BTC for that), I'm still up on my BTC since start of trading. I also have Bitcoins that I never touch, as a hedge.
I can tell you what I view as probable, and what I view as improbable, but I have a feeling that this might not interest you.
I think most of us would love to see the price go up x10 or x100 each year but I would think that we should be content with even a x2 or x3 increase. It would still beat most investment opportunities at that rate.
But realistically if Bitcoin is gaining traction and more and more people want them, then the price has to increase just because of the limited supply. If you can convince me that the market is almost fully saturated and that we will not have 100X more people (or 100x more fiat) investing next year then sure, the growth will stop or stabilize but I am pretty confident that we are not at that point yet.
79.
Post 4209610 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_11.48h):
I've been reading here a bit and try to follow rpietila since I think he is one of few here that really has the experience and the balls to follow his knowledge. Fwiw I think he's putting to much weight in the logarithmic trend line. I'm not sure if he is basing his bear call on other technicals but if he isn't I think it's a mistake. As of right now I'd say technicals are looking much better then they were before the dip bellow $500. I don't know why I'm posting this. Guess I want to give rpietila some support for his skills but at the same time spank him a bit if he's making this bear call only on the basis of the log trend line.
Discuss.
I have questioned his predictions and found that he has been right most of the time. I too wonder if there will come a point when the growth will stray from the trend line and never bounce down to the level he expects? He is in a great position though. He can just keep the fiat and move on if those lower prices are never reached again. Some of us, with way less BTC holdings do not necessarily want to risk our BTC holdings for that kind of game though. To be left with more fiat then BTC when we are trying to get more BTC could be a problem for some of us I believe. When it gets to the point that we are thinking about cashing out of BTC anyways, that is when it will be wise to play the market a little more. Just my thoughts.
80.
Post 4209678 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_11.48h):
If this consolidation continues for another week until Jan. 6th, bears are going to be treading on REALLY thin ice, imo.
Depends on the timeframe. Personally I expect the final capitulation in Feb +/- 1 month, so one week does not matter much. Perhaps there should be a different thread for people who trade on daily, weekly and monthly timeframe. Or less slander. If March passes without hitting $400, then the chances of seeing it again are slim.
Well my premise is this one. A lot of new fiat will be hitting the exchanges in January. People want to get in NOW given what happened between Jan to Dec of 2013. Especially if the slow trend up continues.
My timeframe is longer. Bitcoin has been around for 5 years, and it has always been a terrific enlightenment for those who have been ripe for it. The knowledge about bitcoin has grown exponentially and investment into it has grown exponentially. I expect this to continue and every year be on average 12 times more glorious (as it has been), until everybody uses bitcoin (which will happen in 2016-17 at this rate).
Everything that has happened since 2009 is captured by the trend and its variations, and will be.
There has been some regularities in the growth that I have researched, some of it is published, some not. I believe knowing them gives an edge in trading, and so far it has proven to be good. I have several million dollars of my own money that I could use to purchase bitcoins but choose not to. Not at this price. I am taking a large, calculated risk, with entry points set according to mathematical model for the rest of the year. I even gave the average sell price a few posts ago. Now there is no need to comment that I am doing bad every time the price rises $10. You could as well post about how
good I am doing for the reason that I always have more bitcoins than fiat anyway
So, after smoking the
best the world has to offer, I again feel that taking a break from this thread is in order.
See you at $500. And don't fall in the bull trap
RP what I don't get is if you truly truly believe your log charts of 12x growth every year then why even trade? You are risking tens of millions of dollars in order to make a few more tens of millions. Isn't there something more worthwhile of your time. Like maybe starting a foundation or something?
Because his ego needs feeding. A little humility would suit him.
I am not sure it is pride. He is indeed a multi millionaire. Most of us here, myself included are not. He is in a position to use his wealth and BTC holdings to make more profits. Is it prideful for him to make comments about what he is doing with his wealth and some of his strategies and what has worked for him? I think many here are just envious. I think the humble person will think that perhaps in a year or two, if BTC continues the growth that we are on, could be in a situation in which we have great wealth too. We could come on the boards and share what knowledge we have gained and the "cigars" we are enjoying and everyone will rise up against us too. Perhaps staying quiet and being more subtle, like Loaded or a few other big holders, is wise in that there is less angst against them, but Risto is just sharing his knowlege and experience and even his success with us and I personally really appreciate it.
81.
Post 4210988 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_11.48h):
You composition actually makes the rate at which BTC increases dependent on the rate at which USD decreases. Was that what you had in mind?
The BTC exchange rate depends on two related but independent factors: it's inherent utility growth due to increased adoption, and the simultaneous degradation in the USD which it is referenced to.
I agree with Peter R.'s "rationalization" of a super exponential function above (I agree, even though I don't really *believe* in it), but I don't agree with what you're saying. if btc adoption growing exponentially towards infinity (f) and usd degradation exponentially decreasing towards 0 (g) are independent of each other, as you stipulate, what you're looking for, price p as f over g, is
f(x)=e^x
g(x)=1/h^x
p(x)=(e^x)/(1/(h^x))=(e^x)*(h^x)=eh^x
It's late and I'm midly drunk , so by all means tell me where you think i went wrong.
Wow. I have never been drunk and I can't even begin to do the math that some of you can do in a slightly drunken state. Impressive
82.
Post 4211069 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_11.48h):
Wow. I have never been drunk and I can't even begin to do the math that some of you can do in a slightly drunken state. Impressive
Never? Wow ..
BitChicksHusband, get on that!
The math or the drinking? He is great at math! But he is not a drinker either.
83.
Post 4215186 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_11.48h):
Any one else sense this mini mini rally is bulltrap
I think the next two days we will see a nice rise in price. January 1st might be a small dip but then price will go up in the middle of the month.
My thinking is that there will be some large purchases from Second Market tomorrow and Tuesday. They have a discount in fees for those that sign up before the end of 2013. Maybe some investors were just waiting until the end of the year because they don't want their funds tied up there too long? The funds cannot be pulled out until March. This is pure speculation of course.
84.
Post 4241987 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_11.49h):
Somebody dumps 500coins at gox, nobody gives a fuck, and people buy a bit more @ market, love it!
Edit, or its the same guy trying to get the bids filled op? manipulation?!
I saw that too. Not too shocked today. Maybe someone needs to cash some out for tax purposes? Wants to take advantage of long-term capital gain low tax rate and was waiting until end of the year to sell? It could be anything of course.
Glad it did not affect price too much.
85.
Post 4241999 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_11.49h):
this sort of stuff is what is going to take btc well over $10,000
wall street has a lot of money and they like a quick buck
$10,000 in a few months? It should not take long with Wall Street's help.
86.
Post 4242082 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_11.49h):
this sort of stuff is what is going to take btc well over $10,000
wall street has a lot of money and they like a quick buck
$10,000 in a few months? It should not take long with Wall Street's help.
no way, that would make me rich
thats not going to happen....
Better start hodling.
87.
Post 4242277 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_11.49h):
this sort of stuff is what is going to take btc well over $10,000
wall street has a lot of money and they like a quick buck
$10,000 in a few months? It should not take long with Wall Street's help.
Didn't the super-exponential graph indicate $100k in 6 months?
$10,000 in four or five months and $100,000 by August.
Sounds good to me! I am sure it will disappoint the bears though.
88.
Post 4242397 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_11.49h):
this sort of stuff is what is going to take btc well over $10,000
wall street has a lot of money and they like a quick buck
$10,000 in a few months? It should not take long with Wall Street's help.
Didn't the super-exponential graph indicate $100k in 6 months?
That "sanrio"" would only lead to infrastructure collapse, like the 266 crash at Gox.
I'm not gonna propagate this idea. It's a double edged-sword. Too much too fast is not sustainable.
Perhaps true. But do not underestimate the ability of infrastructure to grow exponentially as well.
89.
Post 4242824 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_11.49h):
Perhaps true. But do not underestimate the ability of infrastructure to grow exponentially as well.
I said it yesterday in the other post and I don't wanna be repeating myself but when talking about infrastructure I see two critical points: technology and bureaucracy.
Technology can in fact hold up (with a lot of capital and work, and other exchanges popping up to cover demand).
You cannot rush bureaucracy. You have 6 months to convince banks to process 100x the amount of money they process today, all the while trying to comply with as of yet unwritten or non-existant laws and regulations. You have to go up the chain link by link, and sweet talk every player in every country. Just not possible.
Also, consider, a 100x price implies 100x more fiat processing BUT it does
not imply 100x of the technological aspect. Price discovery does not equal every-day use adoption.
tl;dr: technology might be able to cope; bureaucracy can not keep up.
Since when does Bitcoin care about Bureaucracy?
Not everyone will be cashing out coins. Many will hold or trade them directly or use them independent of banks or whatever government "laws and regulations" are there. It can slow down the process, sure. But I would not be concerned about the growth of Bitcoin being a problem. It will grow in spite of these difficulties. Eventually countries will either have to accept the use of the currency or be left behind.
Then , at some point down the road, I personally think the growth will cause some panic by countries because they no longer have "control" then they will regulate the use of Bitcoin, or whatever crypto currency, by requiring a bar code on our hands or foreheads so that they can keep track of who is buying things. (which I will not take BTW) Call me crazy but it seems highly likely.
90.
Post 4243019 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_11.49h):
Perhaps true. But do not underestimate the ability of infrastructure to grow exponentially as well.
I said it yesterday in the other post and I don't wanna be repeating myself but when talking about infrastructure I see two critical points: technology and bureaucracy.
Technology can in fact hold up (with a lot of capital and work, and other exchanges popping up to cover demand).
You cannot rush bureaucracy. You have 6 months to convince banks to process 100x the amount of money they process today, all the while trying to comply with as of yet unwritten or non-existant laws and regulations. You have to go up the chain link by link, and sweet talk every player in every country. Just not possible.
Also, consider, a 100x price implies 100x more fiat processing BUT it does
not imply 100x of the technological aspect. Price discovery does not equal every-day use adoption.
tl;dr: technology might be able to cope; bureaucracy can not keep up.
Since when does Bitcoin care about Bureaucracy?
Not everyone will be cashing out coins. Many will hold or trade them directly or use them independent of banks or whatever government "laws and regulations" are there. It can slow down the process, sure. But I would not be concerned about the growth of Bitcoin being a problem. It will grow in spite of these difficulties. Eventually countries will either have to accept the use of the currency or be left behind.
Then , at some point down the road, I personally think the growth will cause some panic by countries because they no longer have "control" then they will regulate the use of Bitcoin, or whatever crypto currency, by requiring a bar code on our hands or foreheads so that they can keep track of who is buying things. Call me crazy but it seems highly likely.
You're missing the point. It's not about people cashing out coins... I'm talking about the buying !
How do you presume to push the price up 100x if people can't buy coins??
Most of the forum posters here, being from the US or EU don't realize it because they don't see it. It is extremely difficult to buy coins in volume from 3rd world countries.
If you're a South American today, you cannot hook your bank to any exchange. You cannot get market prices. There is no way to acquire ""fair"" value BTC other than LocalBitcoins or the such. None.
Only people with access to foreign bank acc's can. The rest buy p2p or with CC's in dodgy sites, and always at 15-25% markup.
This is all a matter of time. Just not 6 months...
Unless of course, you think you don't need the rest of the world to go super exponential.
Not to be offensive, but who controls most of the world's finances? Unfortunately 3rd world countries do not account for that much of it. Although I would love to see them getting a chance to own as much coins as possible early on, if their countries have made it impossible to get BTC that will not keep the growth from happening anyways.
Right now BTC is legal to buy in all the countries that control most of the world's wealth. And even China and South American countries will probably find a way to get coins, albeit more difficultly, if they really want them.
91.
Post 4243247 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_11.49h):
I agree with bitchick. I'm from a 3rd world country. If i were not given 100btc long time ago i wouldn't be here. Basic salary in my country is only around $200 to $300 (tax is not yet subtracted) PER MONTH. Most of my countrymen cant even keep $50 at the end of the month. I'm just lucky being an early holder.
I think you meant me. Bitchick wants to leave us 3rd world scum behind !
I don't want to leave the 3rd world behind at all! I wish the 3rd world countries would see the potential in BTC, encourage and accept the use of it so that the people there could get ahead of the rest of the world, or at least catch up to the rest. It is unfortunate that governments have the ability to keep their citizens from gaining wealth and opportunities for wealth! But that is the reality of the situation.
92.
Post 4243293 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_11.49h):
Happy New Year from down under...
Without intending to, I ended up acting as a bit of a Bitcoin advocate tonight while out with friends at a New Years Eve party. I tried to enlighten them (inadvertently came up with a different analogy each time) as to what Bitcoin really was, but in the end the main 'argument' they had against it was "If I can't touch it, it's not real - I don't trust the internet with it". Which is ironic since that is basically what they're doing with their bank accounts.
One guy was a Financial Advisor (capital 'F', capital 'A' - his distinction, not mine) who said he was happy to "argue against Bitcoin all night". I (successfully, I think) countered every roadblock he threw up about Bitcoin and ended up betting him that one Bitcoin would be worth more than $50,000USD in 3 years (perhaps a little bullish, although can you blame me?)*. I confess, I may have been a little inebriated by this point, but I am getting a little fed up with the ramblings of people who have not taken a few minutes out of their day to research what Bitcoin actually is (i.e. a protocol as well as a currency), but instead act as if they're experts who foresee the demise of this 'imaginary money'.
Does anyone else get a little fed up with this sort of attitude?
(Apologies if this post does not belong in this thread... It's just that this is the main thread I read (every morning without fail, I trawl through the 8 or so pages that have been posted overnight... > 8 pages = something big has happened, < 8 pages = price has remained stagnant.) Although, it seems 'stagnant' in Bitcoin vernacular is akin to 'short-term' or 'temporary' in normal trading terms.)
*Bought at $1060 and have been 'hodling' ever since.
Well done! Fucking well done! Thanks for being so sincere and keep hodling - you'll be in the black shortly no worries at all!
Thanks hey! There are some very nice guys on this forum
.
A few girls are on here too.
Yes, I purchased into the last rise in price and was "under water" so to speak for several months in the Summer. Just held on and it all worked out. The only people that really lose any value are those that panic then sell before the price rises again. Hopefully, in your case, you won't have to wait too long. Things are looking pretty good right now I would say.
93.
Post 4243303 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_11.49h):
I agree with bitchick. I'm from a 3rd world country. If i were not given 100btc long time ago i wouldn't be here. Basic salary in my country is only around $200 to $300 (tax is not yet subtracted) PER MONTH. Most of my countrymen cant even keep $50 at the end of the month. I'm just lucky being an early holder.
I think you meant me. Bitchick wants to leave us 3rd world scum behind !
I don't want to leave the 3rd world behind at all!
Voodah just forgot his [teasingBitChick]...[/teasingBitChick] tags
Yes. I know he was probably kidding. I just did not think it was all that funny!
94.
Post 4247855 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_11.49h):
gentlemen, increase your longs, you will not regret. it's plain to see.
the clock has flipped the year and we're instantly seeing heavy buying pressure.
why?
well-funded startups/investors/gamblers acting "on plan" are going into "btc-acquisition-phase". they have bots and/or trading staff.
look at the buying-pattern on stamp. big money wants in.
let's welcome the new money!
And I thought people would be selling off some coin the first of the year. This is why I hold. It seems I am always wrong trying to guess what people will do!
95.
Post 4262270 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_11.49h):
What's with the steep ask wall? It's a bit antisocial don't you think?
A dump is coming in the next 2 weeks, volume hasnt been this low in a long time. This rally might have had legs is if every major exchange was pushing 50K a day, but most have been 10K and under for a week or so
Could it just be that most people are on vacation right now and are not interested in buying any Bitcoin because of that?
96.
Post 4262373 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_11.49h):
What's with the steep ask wall? It's a bit antisocial don't you think?
A dump is coming in the next 2 weeks, volume hasnt been this low in a long time. This rally might have had legs is if every major exchange was pushing 50K a day, but most have been 10K and under for a week or so
Could it just be that most people are on vacation right now and are not interested in buying any Bitcoin because of that?
I think there is less activity over the holiday yes.
It seems to me like most people are content to sit tight and wait patiently for the inevitable influx of interest and money over the next 2 weeks!
I think some people are just waiting to see what the market is going to do before buying. They will eventually decide it is not going down any more and then jump in and another rally will begin. Or someone will dump and they will jump in and then keep the price at about the level it is at now. I think the fact that we have seen a few dumps already without affecting the price too drastically is really bullish and shows there is some great support in the 750-800 range.
97.
Post 4264271 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_11.49h):
I am calling $2200 by April 1
$4500 by April 1st.
Huge run up to $10,000 by mid May and then a slight "correction" or "crash" to $6000 or so by late May or early June followed by continued growth back to $10,000 by July then another run at some point in August or Sept up to $50,000 to even $100,000.
I am a bull but I think this scenario is quite plausible based on this:
https://bitcointalk.org/index.php?topic=322058.msg4227238#msg4227238
98.
Post 4273024 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_11.49h):
There is buying 10-20 coins each 5 minutes or so, and it has been going on for half a day. Seems quite regular, could be someone trying to buy in while moving the price as little as possible. Mtgox-
+1, i'm seeing the same pattern.
I hadn't noticed that but you are right. Probably a good strategy for getting more coins without moving the price. Unless everyone stops selling.
99.
Post 4308515 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_11.50h):
I believe that BTC will end on January something close to 1500 USD. Anyone else have this impression?
At least. I think it will be $2000.
100.
Post 4308629 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_11.50h):
Bears buying back yet? Or still waiting for that 400$
Bears allready bought back @ 380$
Didn't you have bid orders in place?
Only pigs and panic bulls (which sold on the way down) are still waiting for cheaper bitcoins.
A lot of people still waiting for cheaper bitcoins, according to a whole bunch of folks here, the move beyond 500-600$ is a "trap" "manipulation" "low volume" "see you in a week, 400$ coming" etc etc
It is very easy to believe that the price will go down to $400 if your portfolio depends on the price going down to $400.
Yep. It's called wishful thinking, common to bears.
Same with people that bought over 1200$. Same wishful thinking, just the opposite direction
Actually it's a good time to move a part of your btc portfolio to litecoin. It's allways going down, when btc is going up -> cheaper litecoins! Just wait till btc price consolidates for a few days -> ltc rate goes up -> 30% more btc (not only in value, but in coins!)
Just that you know: I'm 90% bitcoin,
but I expect that we crash again before a new ATH. Will sell around 1050-1175$ (not all of course).
People thought that after the $266 ATH we had in April and then sold before we got to $266 in November. That was a mistake.
101.
Post 4313887 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_11.50h):
I don't see 80k gone today or yesterday from it , but from early December.
Also this is the total amount ever received , not how much was on it.
I smell FUD
All looks like FUD to me also, there is nothing strange going on at those addresses, just large transactions going back weeks.
About $1Million has been transferred out a few hours ago in multiple transactions to multiple addresses, but leaving $1million still there... this isn't a hack
People buying up more Lamborghinis?
102.
Post 4327943 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_11.51h):
I recall rpietila prediction about going to 800 than crashing all the way down to 400 and staying there for some time, I really want to hear his input about the late events, because you all trashed me because of being a bit aggressive about of his prediction
he logs everyday and he doesn't post a single word, if you are reading this I am still interested on your fancy predictions and especially the way you drag the noobs by bragging about the expensive cigars and the money you have...
Didn't he promise not to post before $350?
Well he's broken that promise if so. He accurately predicted the fall. So did walsoraj. He also invited us to "JOIN THE BEARS," the first time it hit 900. Of course anyone who did so would have missed the run up to 1200, though still could have bought back in and increased their position true if they were patient.
I don't blame Risto for his predictions. He was basing them on a log-linear line in the growth adoption curve. He may very well be readjusting that because it appears we are on a much faster growth curve as seen on these charts:
https://bitcointalk.org/index.php?topic=322058.msg4227521#msg4227521
103.
Post 4333352 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_11.51h):
The Bulls should make one that has a comment "too bad. It is now a $1000 T-shirt!"
104.
Post 4333527 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_11.51h):
Hopefully BitChicksHusband doesn't see this. I like wearing my sweats just fine. But I guess if the price is right I might buy something that is only worn for a few seconds.
105.
Post 4333577 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_11.51h):
Hopefully BitChicksHusband doesn't see this. I like wearing my sweats just fine. But I guess if the price is right I might buy something that is only worn for a few seconds.
the whole point of that stuff is to take it off
I am more logical than most females- that and very frugal!
For all you guys out there with women that love to spend money maybe there is some good in that after all if they like "wasting" it on clothing only worn for a few seconds!
106.
Post 4336580 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_11.51h):
LOL, but shouldn't that be a Shiba Inu and not some ol' hound dog?
Ahh. Looks a little like my Basset Hound.
They are great dogs BTW. A little stubborn though!
107.
Post 4346477 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_11.52h):
no new wires at gox today, it's a holiday in japan
So the Stamp/ btc-e holiday deposits will arrive today, starting in a couple of hours.
Gox won't have any new ones today because it's a holiday, what about tomorrow?
tomorrow should be fine again.
stamp/btce wires will start soon but i don't know how far we can go without gox.
that's ok .. we can just chill here for a while ... back to trend now, feels mellow
This can't be right! You are predicting $1mil by the end of 2014!
Since I made that chart, i'll say use it with caution. If you make any trading decisions based on that chart you are on your own. It only contains data for part of the period, after the first large bubble in 2011. It also has to be expanded with a S-kind of ending at the top since it will obviously flatten out when saturation is reached. But it gives the best fit to the data for that time period.
Thank you Ducky1 for the beautiful chart! It is perfect for a "bull" like me. I figure since I am a hodler it can't hurt to dream big. I actually printed it out and I was teasing BitChicksHusband that I wanted to enlarge it and frame it for our wall.
108.
Post 4352129 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_11.52h):
Jan 1 2015
Pick your price:
I'll take any of those.
109.
Post 4374438 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_11.52h):
Watch the new lows being set and the bid sum evaporating... Actually it's been doing that since days before the top. Seriously, bulls, it didn't have to be this way. Why do you contribute to making every bubble pop the same? You can't blame the smug technical analysts, you're doing their job for them!
No ATH until late February at the earliest.
Hmmm. We will probably see an ATH tomorrow now.
110.
Post 4399224 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_11.53h):
Hey Bitcoin gods. I'm doing the longest time thing and all. But I'd like to get filthy rich tonight, so would you mind hurrying up
You'll have to w8 a bit ,
the guys in rpietila lounge are talking about a drop to 500 =))))
The girls aren't though.
I don't think we will ever see 500 again! Even BitChicksHusband thinks I am overly bullish and a little too exuberant at times so keep that in mind. I could be totally wrong.
111.
Post 4414296 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_11.53h):
We should all buy something on Overstock so the CEO can gloat about how successful it is to take BTC!
112.
Post 4450846 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_11.54h):
My sources from the future say we will break resistence soon and leave all the bears behind after they start panic buying.
and who will buy it above 1K? one or two kids with daddys money?
Hence why we need to start using mBTC now.
1K is a psychological barrier for whatever reason.
I think people will be happier spending $50 on 1mBTC than $1000 for 1BTC even though $1000 per BTC is $49,000 less per coin!
113.
Post 4474393 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_11.55h):
Methinks that 1800 dollars is too much money to gamble. (My betting limit is a pizza and a beer, and I have made only three or four such bets in my life.) I would rather spend that money on tools or other grown-up toys.
I am not a betting person either so I get this. I used to think that Bitcoin was a bit of a gamble but as time has gone on I have come to realize that in a strange way, our fiat is a gamble too. Pretty much everything we have our money invested in has some risks. Real estate can lose value, even gold and silver fluctuate in value, although it can hold value better than some things. Nothing in life is a "sure thing." The wise person makes educated guesses and puts money where there is less risk in doing so I believe.
So far Bitcoin has shown to be the best store of value I have ever had the opportunity to have though. I am rethinking how I look at things because of this. The coins are the last resort we use when we need funds. Unfortunately it looks like we will have to sell one in the next week to pay some bills thanks to a bigger than expected credit card bill because of Christmas and some extra curricular activities for the kids. Maybe I am too optimistic about where BTC is going? I am not sure, but I would way rather hold them right now if at all possible.
114.
Post 4475135 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_11.55h):
But right now Bitcoin does not look like such a good investment, does it? It may be a gold mine for day traders, but to prosper one must be smarter and quicker than all the other smart guys, which I am not.
I think right now is a great time to invest. $900 will seem like the greatest deal ever when the price hits $10,000. Many people are fairly confident we are headed there too. There are reasons for this and it is not just wishful thinking.
Invest what you can afford to lose as soon as you possibly can and hold for a year or two.
115.
Post 4475526 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_11.55h):
so you think bitcoin has reached its maximum potential value?
Since the market price is now largely determined by the combined expectations of all traders, with no clear "base value", is hard to predict which way it will go. My
feeling is that it will not rise much above its all-time high of ~1200 USD.
But of course it is just a feeling, although I believe it is justified by what I understand of economy and politics.
There were plenty of people with a "feeling" that bitcoin would never see $10, $100 or $1000. Just keep that in mind.
116.
Post 4499863 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_11.55h):
ok who lit up a choochoo?
I sold a little. This always happens after.
never sodl!
Unfortunately can't pay credit card bills with bitcoins yet
I feel your pain. We have a pretty big payment due in a couple weeks thanks to Christmas gifts and various other things. Sigh. It looks like we will have to part with a coin. Why is that so hard to do!?
117.
Post 4547121 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_11.56h):
Some of you guys on here should become professors there!
118.
Post 4547455 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_11.56h):
I posted this in the press section too, but the first professional sports team, the Sacramento Kings, is now taking Bitcoin.
Bullish yes?
http://techcrunch.com/2014/01/16/sacramento-kings-fans-can-now-buy-tickets-and-merchandise-with-bitcoin-via-a-new-bitpay-partnership/Wish it was the LA Kings though. Hopefully they are next!
119.
Post 4555695 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_11.56h):
What is up with the sell off? It is not like the FBI is auctioning off the coins tomorrow.
Plus there is some really good news out there today too with a major sports team taking BTC.
Sometimes I just don't get it. Actually, I NEVER get it.
120.
Post 4555797 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_11.56h):
What is up with the sell off? It is not like the FBI is auctioning off the coins tomorrow.
Plus there is some really good news out there today too with a major sports team taking BTC.
Sometimes I just don't get it. Actually, I NEVER get it.
Yes, but they announced it. So now the price will reflect post-sale.
Also new merchant is meh. They don't accept BTC as a currency. They only accept BTC as business. Yea it's good for BTC in general, but not good for the price.
Hmm. I remember after the silk-road shut down announcement in Oct. there was a panic sell but then we proceeded to go on a run to the last ATH after that in November. So maybe this little panic sell off is a good sign?
121.
Post 4556263 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_11.56h):
What is up with the sell off? It is not like the FBI is auctioning off the coins tomorrow.
Plus there is some really good news out there today too with a major sports team taking BTC.
Sometimes I just don't get it. Actually, I NEVER get it.
Yes, but they announced it. So now the price will reflect post-sale.
Also new merchant is meh. They don't accept BTC as a currency. They only accept BTC as business. Yea it's good for BTC in general, but not good for the price.
Hmm. I remember after the silk-road shut down announcement in Oct. there was a panic sell but then we proceeded to go on a run to the last ATH after that in November. So maybe this little panic sell off is a good sign?
Well, I'm hoping for a huge panic sell off. :/ But looking at the new merchants accepting BTC, it looks like a mess dealing with refunds. Coinbase & Bitpay take no responsibility for BTC volatility and it's up to the merchant to figure it out themselves. I sense a lot of complaints in the future.
It's not complicated. It will be handled like this;
Do you agree to pay Overstock.com $100
You click yes you are agreeing to pay them $100 and your payment method is bitcoin
Your $100 will be refunded via bitcoin, whether that equals 1B or 0.1B
Bitcoin is not the currency but rather the method of transferring funds
I accidentally paid twice last week using some coin (0.067) from Gox. I hit "confirm" twice and then the payment was sent twice. Overstock.com sent me back 0.07 on Monday. It took a couple days and because of the change in price I actually got a little more sent back.
It worked out well this time. Of course, if the price had shot up I could have lost some too but that is the way it goes.
122.
Post 4566555 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_11.56h):
This looks about right. Huobi closed > 12 hours underneath short-term and mid-term trends. This still active (Stamp):
so hum, what "should" happen when reaching the end of the triangle?
FBI hits sell market order. BTC byebye
Like they would sell on a exchange..
Right. I read that they cannot sell on exchanges. They will have to auction off the coins. The real question will be who will purchase them at the auction? Will they be sold in several lots or all together? I would think that they would have to break up the amount to sell? They will probably sell for less than the exchange price I would think too. Maybe one of the new Funds on Wall Street should try to buy them up? There will be plenty of people interested I am sure and whoever buys them will be smart enough not to dump them on an exchange all at once!
123.
Post 4567192 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_11.56h):
seems we are not going back over 800 pretty much soon.
I agree. Everyone talks about "China uncertainity". I expect we will go down to $700, and maybe $600 at the end of month, then any message from China can trigger panic selling, so around the end of month some "mini crash" is well possible. Then we will recover, regardless of what exactly the Chinese government will decide. If they will go Russian way, recovery may be longer, but I doubt it. While Russian govt are just control freaks, Chinese establishment will try to see some opportunity for them.
I don't agree. I think that everyone panicked with the news of the FBI selling off the Silk Road coins. And the "panic" sell off was not even that impressive, really. Today people will realize that the price is not dropping that much and then buy back in. Thanks to all the press surrounding this Bitcoin got some "free" advertising. More people will decide to invest and so it will go up. Plus each day more and more businesses are signing up. Yesterday it was an NBA sports team. Today? Who knows. But it is looking good to me. I predict $1000 by next week.
124.
Post 4567290 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_11.56h):
seems we are not going back over 800 pretty much soon.
I agree. Everyone talks about "China uncertainity". I expect we will go down to $700, and maybe $600 at the end of month, then any message from China can trigger panic selling, so around the end of month some "mini crash" is well possible. Then we will recover, regardless of what exactly the Chinese government will decide. If they will go Russian way, recovery may be longer, but I doubt it. While Russian govt are just control freaks, Chinese establishment will try to see some opportunity for them.
I don't agree. I think that everyone panicked with the news of the FBI selling off the Silk Road coins. And the "panic" sell off was not even that impressive, really. Today people will realize that the price is not dropping that much and then buy back in. Thanks to all the press surrounding this Bitcoin got some "free" advertising. More people will decide to invest and so it will go up. Plus each day more and more businesses are signing up. Yesterday it was an NBA sports team. Today? Who knows. But it is looking good to me. I predict $1000 by next week.
wanna bet?
Nope. With Bitcoin it is wise not too.
It could go either way for sure!
125.
Post 4576074 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_11.56h):
why so silent
The bears have nothing to say. They are going back to hibernation.
126.
Post 4690003 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_11.58h):
None of these companies are going to accept bitcoins directly. Payment through a payment processor is not bullish. It indirectly causes selling pressure on exchanges.
The reasons we didn't see much selling pressure after Overstock is because so few are actually buying things with bitcoin. Overstock did 500k sales total since Jan 9. 125k was on the first day... That is a huge dropoff. Bitcoin = failcurrency.
Don't you think you've heard this point quite a few times already but that it doesn't actually add up?
If people pay with Bitcoin then that means they will buy Bitcoin to begin with.
And for all those who decide to buy some Bitcoin, perhaps spurred on by the fact that they learn they can spend it at Overstock, Ebay and many other places, how many do you think will buy some and then immediately spend all of it? Almost no-body.
Merchants adopting Bitcoin will lead to more and more new customer wallets, the owners of most of which will buy more Bitcoin than they need to spend immediately, leading to more and more fiat moving to Bitcoin over the long term.
Why can't anyone follow the merchant-adoption idea to its logical conclusion -
More Bitcoin will be bought than spent.
Many Bitcoin users will just replenish their BTC when making a purchase on these sites too, if they are still wanting to hold as much coins as possible.
127.
Post 4690372 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_11.58h):
I used to think that the moment a company like Ebay or Amazon starts using Bitcoin the price would jump to crazy amounts. But not anymore.
It will only reach crazy highs by mass adoption and not because of news anymore imo. We're past that.
I think that merchants adopting BTC won't change the price too drastically. However, when more funds on Wall Street are opened, that is when the price will skyrocket, IMHO.
128.
Post 4716926 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_11.58h):
Tough shit. I started buying in at $6/BTC when it was only pennies a few weeks earlier. You don't need other people to lose for you to win. Those people who bought in before me deserved it. Those of us who bought in before you deserved it. You think I resent Goat because he's two orders of magnitude ahead of me? Absolutely not. I'll get my turn and you'll get yours if you're humble enough to take it. You want cheap coins? THESE ARE THE CHEAP COINS. Down and up doesn't make you any richer than up and up. The fact that you want the market to crash just makes you an asshole and a fool. A $200 crash will not hasten a new ATH. It will prolong it.
Not necessarily. Long, slow downtrend is more detrimental than a two-weeks crash, consolidation and beginning of a new rally. That being said, I am a newbie and might (very possibly) be wrong.
In my defense, check april 2013 vs 2011 "spurts".
He doesn't want to hear that. He is a greedy bastard who is on the verge of becoming a millionaire and only wants to see the price increase to solidify that.
We just had a crash and consolidation. Maybe we need another one. I don't know, but I don't want to see anybody get hurt, and nobody get's hurt if we only go up from here except the people waiting now for a lower price point with too much cash on the sidelines. I don't have a crystal ball and maybe waiting now is is good strategy, but it's good for Bitcoin if there's less volatility.
There aren't even enough people involved with bitcoin to even care what happens at this point. 95%+ of the population hasn't even thought about Bitcoin, let alone paying any attention to it. There is plenty of time. If anything, a slower growth is better to keep all the evil eyes off of it for a surprise attack. I know you are probably getting old and shit and are hoping you are worth millions before you have to spend those coins on a Rascal and urine bag, but damn, relax.
ok, that was funny. Hey, you may be right. This is completely new territory for everybody. We're making history here. Just don't miss your shot waiting for the perfect entry point. My dad top-ticked the 2011 bubble perfectly, buying in at the worst possible time. It actually worked out though because I know him and he would have lost his nerve if he had waited. You have the opposite problem. It might not crash and you never get in. If you get in now, worst case scenario is you lose a year or two before you're worth millions. (or we could all lose our asses, in which case the whole point is moot) You're young. A year or two seems llike a long time but it's not.
Yes! Patience is a virtue. The funny thing is that in the world of Investing 10 years is not even that long of a time and we are talking about only a few years to really find out what will happen with Bitcoin. We should know by the middle and definitely by the end of this year what kind of curve we are looking at.
129.
Post 4787667 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_12.00h):
Andreas Antonopoulos is a great guy
I love how he is pretty much ignoring Joe Rogan's comments about prostitution and porn. Andreas calmly said, "Well. If you are a sex worker. . . " I guess he referred to prostitution as a crime and that seemed to tick off Joe Rogan too but Andreas just moved on to another topic.
130.
Post 4788027 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_12.00h):
just buy at 750 it wil go some coins lower.......... but then sky high
the predictions are right
I would say the contrary. Since we broke 750 support, is all the way down to 700 and even 600 if people panic more. And a recovery will be so slow, you'd grow old watching it.
If NY news is good tomorrow we break $800 at stamp. Wall St will be watching.
Yes this. But I think most people are waiting to see what happens with the looming January 31st supposed deadline in China. When nothing happens, or a small dump and recovery, then everyone that has been waiting until then to buy will have to jump in and we we will see ATH in the next couple of weeks. That is my prediction. I was thinking about just ignoring BTC until February 1st, especially since I am just a hodler anyways.
131.
Post 4866507 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_12.01h):
Sorry this is off topic, but supposedly BTC China is taking deposits again. Why is there no increase in volume on their site (besides the short lived Bot exchange yesterday)?
132.
Post 4866595 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_12.01h):
Sorry this is off topic, but supposedly BTC China is taking deposits again. Why is there no increase in volume on their site (besides the short lived Bot exchange yesterday)?
Because it's a holiday there, banks are closed so also no deposits coming in right now.
Don't they know New Years Day was 30 days ago!?
133.
Post 4866660 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_12.01h):
i'm not sure we will see much of an uptick in btcchina volume. they'd have to take it back from huobi, who is charging no fees. i don't see maker taker changing the equation.
I would think it could encourage those that sold after the "announcement" that BTC was a "safe" investment again if BTC China was now accepting deposits again. I think there is a psychological component to people buying and selling. But we will see. I would think it couldn't hurt for there to be another exchange open.
134.
Post 4866753 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_12.02h):
i'm not sure we will see much of an uptick in btcchina volume. they'd have to take it back from huobi, who is charging no fees. i don't see maker taker changing the equation.
I would think it could encourage those that sold after the "announcement" that BTC was a "safe" investment again if BTC China was now accepting deposits again. I think there is a psychological component to people buying and selling. But we will see. I would think it couldn't hurt for there to be another exchange open.
i think there is more to the story of past price movement than people selling off after the Dec 5 announcement.
also, i can't imagine that bobby lee's statement instills much confidence. "i am confident that we are not illegal" LOL...
Well, at least it gives them someone to point fingers at. Bobby Lee said. . .
135.
Post 4919976 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_12.02h):
I am trying to pull out small amounts from Gox, and it seems to be impossible either to CoinBase or to Blockchain wallet, any has a clue what is going on?
You just got Goxed. Money goes in not out. How else could they stay in business if they let people have their money back?
I just withdrew 0.2 BTC without an issue.
136.
Post 4920180 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_12.02h):
I am trying to pull out small amounts from Gox, and it seems to be impossible either to CoinBase or to Blockchain wallet, any has a clue what is going on?
You just got Goxed. Money goes in not out. How else could they stay in business if they let people have their money back?
I just withdrew 0.2 BTC without an issue.
Try anything over 10btc... Mysteriously anytime large TX are tried they don't go thru...
What about several 0.2 transactions then?
137.
Post 4938475 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_12.02h):
Long time lurker. Created account just to say that of all message boards I have come across Fonzie is the most obnoxious troll I have ever seen. I created an account just to ignore him. Well done sir.
LOL Welcome to the forum.
I guess his posts were actually good for something then.
Welcome. We need more rational minds around here.
138.
Post 4962899 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_12.03h):
Could the sell off be a manipulative dump in order to obtain more cheap coins before China takes off after their New Years Holiday bank closures end? Just thinking here.
139.
Post 4962977 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_12.03h):
Could the sell off be a manipulative dump in order to obtain more cheap coins before China takes off after their New Years Holiday bank closures end? Just thinking here.
Well can you please stop thinking about china's new year? Its over. Markets have moved on to the next "threat": GOX.
Hey. The banks have been closed. Funds are not getting into BTCChina yet, as far as I can observe. I was just asking an innocent question here.
140.
Post 4963007 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_12.03h):
Could the sell off be a manipulative dump in order to obtain more cheap coins before China takes off after their New Years Holiday bank closures end? Just thinking here.
Yeah, for sure.
You throw away 2000 BTC and then you can buy them back cheaper easily , cause' nobody else will buy and there are no fees
Last year it was common to see a whale dump a huge amount of coin which would then cause massive panic and everyone would start selling and the price would tumble further. Then the whales would buy back the amount they dumped, plus more for less then the price they dumped at, fees included. It does not seem to work as well as it did then, thankfully.
141.
Post 4963211 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_12.03h):
Could the sell off be a manipulative dump in order to obtain more cheap coins before China takes off after their New Years Holiday bank closures end? Just thinking here.
Well can you please stop thinking about china's new year? Its over. Markets have moved on to the next "threat": GOX.
Hey. The banks have been closed. Funds are not getting into BTCChina yet, as far as I can observe. I was just asking an innocent question here.
Fair enough,
but still i think that even if more funds would get into BTCchina, there is still too much uncertainty regarding Gox that nobody would dare to make a move before it settles up. Afterall, we are talking about the first & historical BTC exchange platform, if it bails out at some point, it would be dramatic for the good image that the bitcoin world had fight for until now. thus expect new lowws
btw didnt mean to be rude
I, along with many others, have been ignoring the price on GOX for a while now. Maybe I am naive to think that the price would not be affected by an exchange going down, but with the price trading at a much different point then all of the other exchanges there is already a feeling that GOX is not really all that legitimate.
142.
Post 4981393 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_12.03h):
I see today as great. Gox finally closed the price gap which it desperately needed to, and the other exchanges didn't lose much in the process.
Gox? What is this Gox you speak of?
Some of us have been ignoring Gox for a while now. But I think it proves that Gox is not as important in market valuation as it used to be, thankfully!
143.
Post 4982585 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_12.03h):
I guess Second Market purchased 5870 coins a couple of days ago. (See thread post:
https://bitcointalk.org/index.php?topic=337486.msg4963260#msg4963260 )
Just wondering why this did not boost the price at all. I assume all of the coins must have been purchased off the exchanges? Hopefully they run out of miners to purchase from at some point!
144.
Post 4984291 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_12.03h):
145.
Post 4988357 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_12.03h):
Thanks Newbie.
Sometimes the Newbies are the smart ones!
Let's say that there is some insider information? For instance, Second Market has had two crazy days of buys (apparently off the exchanges) with over 6000 Bitcoins purchased. This is a bit unusual for them. Maybe they know something? I don't have any insider info. I can only go on what I see happening around me.
I really do believe that the whales are manipulating the market to try to get a nice shake out of weak hands before another skyrocket in price.
I for one am a hodler. I have not regretted it yet and I have a feeling I won't tomorrow either.
At some point I will sell. Then I might play the game a bit and buy back here and there as the market fluctuates but right now I want to keep my coins secure. It is actually a safer thing to do.
Edit: At some point I will sell a coin or two but never all.
I have to hold at least one for the long haul. We really don't know how far this will go do we?
146.
Post 5006379 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_12.04h):
In times like these let us visit this page and take a deep breath and remember why we need to hodl.
http://bildr.no/view/ZFowYlNi
147.
Post 5030346 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_12.05h):
Anyone know what's the deal is with Coinbase? Their price is running about $25 over bitstamp right now, which is by far the furthest I've seen them spread. Usually they're pegged right within a dollar or two of stamp as that's where they do all their orders from (at least, that was the common assumption). Very odd that they've been sitting between 695-700 while stamp hovers around 670-675.
Anyone know what's going on there?
They are just the middle man between the end user and the exchange, so they could be very easily just padding the price, and keeping the margins as profit...
It seems like when there is a big drop in price the spread widens on Coinbase. Perhaps because the demand for coins goes up? I remember last time we had a huge drop they even stopped selling coins for a while because they ran out of coins. So perhaps now they just raise the price a bit so they can keep up with supply and demand.
148.
Post 5061917 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_12.06h):
I withdrew my last 0.2 BTC from Gox a week ago. BitchicksHusband said, "I told you to withdraw the rest a month ago!"
Even though it was just a drop in the bucket I am so glad I finally got around to it! I really don't like hearing "I told you so" especially from my husband. That would have been worse than losing 0.2 BTC!
I just think that people had a hard time believing an exchange as prominent in the Bitcoin community as Gox has been could really fail. Also people do not like change. Once they sign up with an exchange they stay loyal to it, even if better ones are out there.
149.
Post 5064325 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_12.06h):
new poll
bearish, if not fatalist, as hell
its what everyone is asking themselves...
this is the depression or fear phase of the bubble
It will all work out.
Some of the news is actually bullish out there today telling everyone that now is a good time for new investors to get in and that Western Union needs to watch out for BTC
http://www.ibtimes.com/bitcoin-buyers-market-price-drop-brings-opportunity-new-investors-1554418 http://finance.fortune.cnn.com/2014/02/10/bitcoin-western-union-zipzap/
150.
Post 5064570 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_12.06h):
The last few weeks have made me feel as though bitcoin is a long, long, LONG way off from truly mass adoption. If I were a business, no way would I want to introduce this kind of volatility into it. As an individual, it hurts to see just how unstable bitcoin has been lately because one day I have x amount and by the next hour, I might have something worth only a fraction of that investment!
I'm still in, but I see a long road ahead.
The crazy thing is that we are way better off now than we were even a year ago. I was told that it used to feel like the wild west at the beginning with so many hackers and DDOS attacks on the exchanges which seemed like a daily occurrence a year or two ago. We have come a long way but we still are enjoying some of the fun of being early adopters!
151.
Post 5064737 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_12.06h):
The last few weeks have made me feel as though bitcoin is a long, long, LONG way off from truly mass adoption. If I were a business, no way would I want to introduce this kind of volatility into it. As an individual, it hurts to see just how unstable bitcoin has been lately because one day I have x amount and by the next hour, I might have something worth only a fraction of that investment!
I'm still in, but I see a long road ahead.
The crazy thing is that we are way better off now than we were even a year ago. I was told that it used to feel like the wild west at the beginning with so many hackers and DDOS attacks on the exchanges which seemed like a daily occurrence a year or two ago. We have come a long way but we still are enjoying some of the fun of being early adopters!
I've been here for about 1.5 years so I absolutely remember how it was. My fear is that it's not ready for mass adoption yet and that all these things that keep happening reiterate that.
As adoption grows the problems will show themselves for what they are, as in the case of Mt. Gox right now. With Second Market announcing intentions to develop an exchange we are starting to see that the much needed infastructure is being built in front of our eyes. This is why Gox's demise is probably a really good thing and the fact that it happened now, before Wall Street is throwing money in, is actually helpful in the long run. It is a bit painful for us but if someone said that Gox going down would only cause the price to tank around $100 then I would have said that was a good trade in the long run. Maybe I am crazy.
152.
Post 5066382 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_12.06h):
I posted this in the press section too. This is a great article, especially for us hodlers.
http://siliconangle.com/blog/2014/02/10/bad-news-is-good-news-for-bitcoin/
153.
Post 5067592 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_12.06h):
the market is saying GOX has an ~84% chance that GOXERS will be able to withdraw bitcoin soon
If Gox will suddenly allow withdrawals it could result in a hilarious rally just to catch up with stamp/btc-e prices and get the fuck out of there with the coins.
not just that... a good deal of this price droping has to do with the fact that poeple are convinced gox is about to implode and that this will shake confidence
if this is proven to be false then price is low for no good reason.
Plus it will show what the true "bottom" really is and that will give more confidence to investors. I am actually a little shocked that will all the bad news lately, Gox, Apple, Russia banning BTC we are still hovering around $700!
That shows some serious support.
Choo Choo!
154.
Post 5113531 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_12.07h):
Do you really believe that?
There are a lot of stupid above 1000$ buyers that are still hodling. They will panic sell soon (within 4 weeks).
Hey, I take offence to this! I am one of these 'stupid' people. As they say, it is probable that Bitcoin will have a binary outcome, so I simply jumped on as soon as I could (which in hindsight, was unfortunately close to the ATH) but I have held ever since. No plans to panic sell. As far as I'm concerned, my coins are still worth at least $1060 because I will not part with them for any less.
That is the best way to look at it! So glad you did not panic and sell. I was in the same exact situation after the last "crash." for several months I was "underwater" if you want to call it that. It was a bit painful knowing that if I had just waited a month longer I could have gotten coins for less than I paid for them, but it is really hard to guess what the peaks are. There are some things to estimate what it is. I think the next run will bring us to $5000 or more but we will see. I am fairly confident this is just one more little bump in the road and coins are really cheap right now for those that have the cash to buy more.
155.
Post 5123874 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_12.07h):
I checked it only a few hours ago , when MagicalTux joined and decided to wait for it. I didn't believe they will move that fast...
Btc-e is sending out btc withdrawals already too.
It's funny how the manipulators try to create a panic sell before the fix goes mainstream !
They manipulate because they can and it often works. This is why we have to learn to hodl!
156.
Post 5126506 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_12.08h):
in a months time....when BTC is >USD1K...how we'll laugh about this
But only the holders (or the few that trade successfully) will laugh.
157.
Post 5126574 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_12.08h):
This song is really relaxing. Love it.
So funny.
Make sure you watch the other video that was written in April too. Maybe it is more appropriate even now?
Blame it on Mt. Gox.
http://www.youtube.com/watch?v=K2ku1A5Ox8U
158.
Post 5132858 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_12.08h):
200 usd spread nearly at the stamp gox canyon, the panic is intense
. This must be tense for those with low faith in the protocol. I just remain patient and let the devs and exchange address any issues they face.
Once Stamp and Gox resume withdrawals the price is going to go insane.
Yes. And Stamp has already started putting people's bitcoins back into their Stamp accounts. That's step #1. Step #2 is full btc withdrawals.
Ok thats good news but we´re still going down. Question is, will gox be ever able to fix it? If they go insolvent then hard times will come and this will not be the bottom.
No. Gox is shit. Everyone knows Gox is shit now. Gox will forever be shit. Shit doesn't matter.
Gox is shit we know this. But they are the biggest. They have over 1 million customers. And if they lose trust in BTC and the exchanges,
who will push the price up again?Loaded, where are you???
159.
Post 5170870 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_12.10h):
Thanks so much for that. This chap's spot on IMHO.
Interesting. I like how he referred to Bitcoin as the "big one" for disruption at around 9:20. True, very true.
160.
Post 5187186 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_12.11h):
Startled at the stillness broken, by a crash so rudely woken,
"Doubtless", said I, "news should matter of the overstock and stores;
call upon a Wall Street master, stop the unmerciful disaster,
it's falling fast and falling faster..." till the charts one burden bore,
"Monday morrow he will fail us... as he has failed us before."
And withdrawals? "Nevermore."
And the Karpeles, never flitting, still is sitting, still is sitting
On the blue ball of plastic just above the wooden floor;
And his eyes have all the seeming of a demon's that is dreaming,
And the lamp-light o'er him streaming throws his bitcoins on the floor;
And my coins from out that shadow that lies floating on the floor
Shall be lifted--nevermore!
I know this thread is not about the walls or the trading but since when did we switch from trains and buts to poetry?
Poetry is an improvement over trains and butts. No complaints here.
161.
Post 5187990 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_12.11h):
The Great Wave off Kanagawa.... Nice reference.
Poetry, art... this place has become rather sophisticated of late.
Right!? The forum is becoming cultured and refined. What does it mean? Out of depression are we resorting to the arts for therapy and solace?
162.
Post 5188144 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_12.11h):
If Gox goes up now would it not only be because they are prepping to withdrawl coins and sell anywhere else? Everybody else better be prepping some dollars to exploit this non-Gox dump coming up here soon.
The uptick is indicative of new fiat hitting Gox on Monday morning. I just sent $3,000 not 15 minutes ago and it is now sitting in my account.
So what are you waiting for!? BUY!!!
163.
Post 5190329 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_12.11h):
Does it bother anyone else that MtGox used the wrong "effected" in their press release?
I missed that-- yes, bothered, and a bit sad.
Edit: Title reads: "Maintenance Announcement Effecting Bitcoin transfers![sic]"
Did you see that they corrected on the website news?
They are watching us...
Holy shit... they are watching us
So, should we tell them that we are praying curses on them.
164.
Post 5206426 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_12.12h):
Maybe we should all pitch in and offer to buy a years supply of Starbucks for the GOX staff if they can fix their crap by tomorrow?
Mark seems to really like his Frappuccinos.
Just trying to think outside the box!
(Fortunately, I have no coins there but hubby's friend still does even though he told him 7 times to get his coins off there. Sigh. What do you do?)
165.
Post 5206996 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_12.12h):
I had an epiphany at lunch. Gox will succeed in spite of all the crap they are pulling. Why do I think this? Because in a very weird way Gox has created the perfect gambling web site. People see the undervalued or overvalued price and with the same rush of adrenalin they get as a "fun" trip to Vegas, they throw their money in with hopes to take advantage of the "game" even if they may very well lose everything.
166.
Post 5207441 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_12.12h):
I had an epiphany at lunch. Gox will succeed in spite of all the crap they are pulling. Why do I think this? Because in a very weird way Gox has created the perfect gambling web site. People see the undervalued or overvalued price and with the same rush of adrenalin they get as a "fun" trip to Vegas, they throw their money in with hopes to take advantage of the "game" even if they may very well lose everything.
I thought about having an epiphany at lunchtime too, but local deli was out of them.
Sorry for the incorrect grammar.
C'mon. Give a girl a break. I am from California. You guys are lucky I am not saying things like "I was totally stoked that during lunch I had this crazy like epiphany dude!"
I am doing my best here.
167.
Post 5207691 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_12.12h):
I had an epiphany at lunch. Gox will succeed in spite of all the crap they are pulling. Why do I think this? Because in a very weird way Gox has created the perfect gambling web site. People see the undervalued or overvalued price and with the same rush of adrenalin they get as a "fun" trip to Vegas, they throw their money in with hopes to take advantage of the "game" even if they may very well lose everything.
I thought about having an epiphany at lunchtime too, but local deli was out of them.
Sorry for the incorrect grammar.
C'mon. Give a girl a break. I am from California. You guys are lucky I am not saying things like "I was totally stoked that during lunch I had this crazy like epiphany dude!"
I am doing my best here.
LOL...notice you quickly amended the spelling of
stocked to stoked.
Life imitates art.
Anyway, how are you alls?
And what happened...thought we were going to push 700...looks like reality bit huh?
I try to refrain from talking like a "valley girl" and have actually never even written the word "stoked" before. It looked wrong after I read it again.
I confess. My spelling sucks and so does my grammar. People can "ignore" me if it is just too problematic for them!
But back to topic: I think that the GOX lack of any real news is just delaying the rise to 700 and beyond until the 20th.
168.
Post 5208728 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_12.12h):
I had an epiphany at lunch. Gox will succeed in spite of all the crap they are pulling. Why do I think this? Because in a very weird way Gox has created the perfect gambling web site. People see the undervalued or overvalued price and with the same rush of adrenalin they get as a "fun" trip to Vegas, they throw their money in with hopes to take advantage of the "game" even if they may very well lose everything.
I thought about having an epiphany at lunchtime too, but local deli was out of them.
Sorry for the incorrect grammar.
C'mon. Give a girl a break. I am from California. You guys are lucky I am not saying things like "I was totally stoked that during lunch I had this crazy like epiphany dude!"
I am doing my best here.
Maybe I'm missing something, but I fail to see the error in "I had an epiphany at lunch." It's a bit of a stretch, since epiphany implies that something mundane led you to your flash of enlightenment (think: Dr. House), but as far as I know it is not out-and-out incorrect.
I suppose the correct sentence should have been "I had an epiphany during lunch." I will try not to have any more of these because it has caused much debate over grammar, which brings back bad flashbacks of high-school English class.
169.
Post 5208838 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_12.12h):
I had an epiphany at lunch. Gox will succeed in spite of all the crap they are pulling. Why do I think this? Because in a very weird way Gox has created the perfect gambling web site. People see the undervalued or overvalued price and with the same rush of adrenalin they get as a "fun" trip to Vegas, they throw their money in with hopes to take advantage of the "game" even if they may very well lose everything.
I thought about having an epiphany at lunchtime too, but local deli was out of them.
Sorry for the incorrect grammar.
C'mon. Give a girl a break. I am from California. You guys are lucky I am not saying things like "I was totally stoked that during lunch I had this crazy like epiphany dude!"
I am doing my best here.
Maybe I'm missing something, but I fail to see the error in "I had an epiphany at lunch." It's a bit of a stretch, since epiphany implies that something mundane led you to your flash of enlightenment (think: Dr. House), but as far as I know it is not out-and-out incorrect.
I don't fault Bitchicks grammar, I was just feigning ignorance and imagining that an epiphany was edible.
Delphic, your impressive poetry yesterday has shown a light on my inferior writing abilities. I say that with utmost sincerity, BTW.
Here is a recap for those that missed it:
Quote from: delphic on February 16, 2014, 02:32:05 PM
Quote from: JorgeStolfi on February 16, 2014, 01:10:33 PM
Startled at the stillness broken, by a crash so rudely woken,
"Doubtless", said I, "news should matter of the overstock and stores;
call upon a Wall Street master, stop the unmerciful disaster,
it's falling fast and falling faster..." till the charts one burden bore,
"Monday morrow he will fail us... as he has failed us before."
And withdrawals? "Nevermore."
And the Karpeles, never flitting, still is sitting, still is sitting
On the blue ball of plastic just above the wooden floor;
And his eyes have all the seeming of a demon's that is dreaming,
And the lamp-light o'er him streaming throws his bitcoins on the floor;
And my coins from out that shadow that lies floating on the floor
Shall be lifted--nevermore!
170.
Post 5208984 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_12.12h):
I had an epiphany at lunch.
I thought about having an epiphany at lunchtime too, but local deli was out of them.
What is wrong with having an epiphany at lunch, grammatically or philosophically? I had quite a few myself.
On the other hand, I think that having an epiphany
for lunch would be unwise, nutritionally. One would feel very hungry by 3pm.
Yes! The epiphany diet! Forget Bitcoin!! I have a new way to make millions.
171.
Post 5209265 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_12.12h):
Wow. Country music stars are starting to sing about Bitcoin.
That is cool!
http://www.youtube.com/watch?v=zEQ2nPSL5-0http://www.tennessean.com/article/20140217/BUSINESS04/302170061?nclick_check=1“Ode To Satoshi”
Well Satoshi Nakamoto that's a name I love to say
And we don't know much about him, but he came to save the day
When he wrote about the way things are
and the way things ought to be
He gave us all a protocol this world had never seen
Oh Bitcoin as you're going into the old Blockchain
Oh Bitcoin I know you're going to reign, gonna reign
Till everybody knows, everybody knows,
till everybody knows your name
Down the road it will be told about the Death of Old MtGox
About traitors trading alter coins and minors mining blocks
But them good old boys back in Illinois
and on down through Tennessee
See they don't care to be a millionaire,
they're just wanting to be free
Oh Bitcoin as you're going into the old Blockchain
Oh Bitcoin I know you're going to reign, gonna reign
Till everybody knows, everybody knows,
till everybody knows your name
From the ghettos of Calcutta to the halls of Parliament
While the bankers count Our money out for every government
Old Bitcoin flies on through the skies of Virtuality
A promise to deliver us from age old Tyranny
Oh Bitcoin as you're going into the old Blockchain
Oh Bitcoin I know you're going to reign, gonna reign
Till everybody knows, everybody knows,
till everybody knows your name
Till everybody knows, everybody knows,
till everybody knows your
"Give me some Exposure"
Everybody knows your name
Oh Lord pass me some more
Oh Lord before I have to go
Oh Lord pass me some more
Oh Lord . . . before I have to . . .go . . .
172.
Post 5212292 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_12.12h):
Ccmf!
Do you know something we don't?
I am encouraged by your comment though!
Edit: I guess there was a "huge" buy on GOX? Sad that it only puts it at around $350. Oh well. It is a start I guess.
173.
Post 5245632 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_12.13h):
...waiting for price to rocket around like a pinball on the Gox announcement...
Edit: with Guinness beer in hand.
You might want more than one beer on hand. I don't even drink and I am tempted!
174.
Post 5249623 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_12.13h):
Wow Adam. You are much younger than I thought.
175.
Post 5352266 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_12.18h):
I am saddened for all that had money on Gox. BitchicksHusband had a coworker that he told 7 times over the last few months to get his coins off there but he did not listen and he had several.
So I feel especially bad for him. What can we do though? He even sent him a small portion of coins at Christmas time on Coinbase so he would set up an account with hopes he would transfer but oh well.
But that said, I would think that people who have lost coins, and realize the true potential would want to buy in again at some point, if they have the money to invest. If coins really are going to get to $10,000 per coin then they would need to buy in again, right?
Also, all the coins and money cannot be gone on GOX. Some people wired thousands over there this past week or two? Where is that money? Just curious.
176.
Post 5415315 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_12.21h):
suspense in the air is killing me!..... who will move first.... and who will move harder?
Gox in trouble -> publicity -> more people understand btc -> people decide they want to be part of it -> a few days pass until they get their money into the exchanges -> I'm writing this post -> another day passes -> the money hits the exchanges -> better wear your space suit
I would really like to meet this person who goes "Hey! Look! People who invested in bitcoin lost money because the exchange service turned out to be fraudulent. Wife, give me my wallet, I'll better transfer some money to a bitcoin exchange quickly to buy those bitcoins"
Yes. I am not keeping my hopes up right now. However, let's skip ahead a few weeks and Bitcoin, doing what Bitcoin does, has another little rally and then the press has some sort of news post such as "BITCOIN BACK FROM THE DEAD!" or "BITCOIN REACHES NEW HEIGHTS IN SPITE OF MT. GOX INSOLVENCY!" Then eyes might be raised and people will begin to understand that Bitcoin is not as risky of an investment as they were led to believe and suddenly the money will start really pouring in.
But of course, this is all pure speculation on my part.
177.
Post 5450411 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_12.22h):
So, what does CCMF mean?
Can't Correct Mtgox Failures?
178.
Post 5529923 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_12.24h):
http://nymag.com/daily/intelligencer/2014/03/doomsday-cult-of-bitcoin.htmlThe above quoted article is such bullshit that it is hardly worth repeating.... Maybe I am guilty of the same but I just wanted to make clear my referent? Surely, with any movement, there are going to be some people who are true believers, and they have NO basis in fact for their beliefs - however, to put bitcoin in that category and to suggest that a lot of bitcoin followers fall into cultish behavior attempts to poo poo and to minimize a large number of concrete and positive contributions of bitcoin.
Your outright dismissal of the article is exactly the type of cultish behaviour the author is talking about - dismiss anything that doesn't fit the faith view.
What concrete contributions has bitcoin made? It certainly hasn't changed the world yet, and it's highly unlikely it will without some drastic change to the limited exchange problem. The killer app for BTC could be transferring money online, but that only works if it can be easily converted to local currency.
Give these things time for pete's sake. A little over a year ago disbelievers were saying that no serious company accepted bitcoin, that you couldn't buy food with it etc. , and that therefore it wasn't useful and had failed.... Now look at overstock.com, food delivery services, etc. ..
Absolutely. Slow and steady I can see. It's the hype that's nutty - predictions of a 10x increase in value again with little to drive it. It's the hype that the author is talking about.
Sure there is hype surrounding Bitcoin. I would say that there is hype for those that are against BTC too. What about the "cult" like following people have for USD? So many people put their absolute trust in the US government and the dollar thinking nothing could ever bring it down. Most of us that dabble in BTC are doing just that. We are wise enough to understand that exchanges are risky, the value of BTC wildy fluctuates and it could potentially be worth very little down the road, but we have the wisdom to see that we shouldn't blindly trust in other forms of currency either. If we study history at all, and read about economies throughout the ages, we can see that all currencies have run their course. When will the USD be tested? Maybe there is still 50 years, 100 years, or maybe we will hit a crisis point this year! We really don't know for sure, but diversification is generally a great idea in all circumstances.
179.
Post 5557666 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_12.24h):
There's no single reason why anyone should think to sell if Nakamoto is ousted.
I was just thinking how crazy this is for press! The press love having someone to interrogate. I feel bad for "Nakamoto" regardless of who he is, but this is on every major news site right now and that can only bring more interest in BTC.
180.
Post 5571246 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_12.25h):
I do not think it is him at all. The journalist "work" is extremely bad and based on pure speculation, it really looks like this is a prank pulled on her by Dorian's brother.
The internet is full of posts by Dorian (Amazon; guns forums; train models forums; Toyota forum; etc.) and his writing style is EXTREMELY different (and bad) compared to SN's. The journalist was SO BAD and so eager to publish this story that she didn't even take the time to make a real comparison between the writing of both characters - she just wrote on his piece that Dorian's wife said that her husband mixes both American and UK english,
which is beyond ridiculous as a "proof", especially if there is SO much material on the internet to make a REAL comparison. It's obvious that Dorian writes a very bad english, and this is very easily verifiable: his posts all over the internet.
All in all there's some circumstancial evidence, but not a single hint of firm evidence. In fact, the strongest evidence is that the guy's birth name is Satoshi Nakamoto - but Dorian is a physicist and an engineer, not a cryptographer; add to that his bad english (which, again, is easily proved by using a little google-skills) and the unbelievable characteristics of this story (a guy who never spoke to his family about his project and went to greath lengths to be anonymous "tacitly admits" his involvment to a journalist and uses his real name to publish the foundational paper).
I bet Dorian is not SN. It just doesn't add up.
If his birth name was not "Satoshi Nakamoto", everybody would have been laughing at this whole story. It's much more likely SN is Nick Szabo - the evidence is still circumstancial but orders of magnitude stronger in his case. For Christ sake, Nick Szabo was the "inventor" of the "smart contract" concept, his work revolves around the concept of eliminating trust on third parties using decentralized ledgers and he created "bit gold" (which is pure and simply the precursor of Bitcoin), working on it for decades until he stopped publishing papers on electronic cash around 2005 (his last post on bit gold was written on his blog on 2008, just little before the Bitcoin paper was published - what a coincidence). Plus, Szabo's and Satoshi's writing styles are very similar, they use the very same terms and concepts and their work revolves around the very same point. It really looks like Szabo found the "solution to the problem" and created bitcoin, and that's why he never published again about electronic cash/trustless sytems - which were the center of his work for more than a decade. He never wrote about bitcoin and ignores all the comments about bitcoin on his blog, which seems incredibly shady given the fact that he is clearly the inspirator of such a system… All that might be circumstancial, but the links (in form of PAPERS and WORKS, not speculation by family members and retarded journalists) are SO strong they cannot be ignored.
IMO all this Dorian story is a ludicrous joke that leverages on just three things: A) Dorian's name; B) the fact Dorian worked on classified projects; C) the fact Dorian is a libertarian and quite "paranoid" when it comes to Government - which is simply what you would expect from anyone who has worked for the Government - he just knows first hand that Govs spy and apply violence on people.
The Newsweek journalists should be ashamed.
this really make sense, also I really was curious about the identity of Satoshi, but I didn't pay this mystery allot of attention until now, I believed 90% of that article, after 24 hours and all the evidence it dropped to 40% but your post really putted me off Dorian.
but again, it is the first time when I really badly want to know about the identity of Satoshi, I know I wont achieve anything with that, but I will have peace with my mind, it wouldn't be strange if the whole article thing is set up or just an attempt to make the real Satoshi reveal him self in a try to save Dorian's life...
Just read some of Nick Szabo's writings in his blog. One thing I can see is that he is brilliant in many different areas. His paper on Bit Gold is truly fascinating.
http://unenumerated.blogspot.com/2005/12/bit-gold.html I think it would be in all of our best interest to just let "Satoshi" remain anonymous though. If for whatever reason he values his anonymity more than the "bit gold" he created, we need to give him that at least out of respect. Of course I am curious who this person is. It is human nature to be that way, but I think the entire Dorian Nakamoto media frenzy should further cement the real Satoshi's desire to stay out of the limelight. It just isn't worth a free sushi lunch.
181.
Post 5571917 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_12.25h):
Satoshi was hal finney.
Nick Szabo mentions Hal Finney in his "Bit Gold" blog written in 2008
Hal Finney has implemented a variant of bit gold called RPOW (Reusable Proofs of Work
Source:
http://unenumerated.blogspot.com/2005/12/bit-gold.html
182.
Post 5573295 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_12.25h):
It would be so awesome if we would collect like 1000 BTC for Dorian, the old guy would be very happy and we would get lot of press for it.
"Bitcoin community collects million dollars for Satoshi Nakamoto"
Hopefully the price rises to $1000 by the end of March so 1000 BTC is actually worth one million.
I was thinking yesterday that this would be a good idea. So glad that it is happening. I do feel bad for Dorian but hopefully the story ends well for him and his family. All of this stress may be worth it in the end if he can end up in a better place financially.
183.
Post 5573919 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_12.25h):
Satoshi was hal finney.
Very unlikely IMO.
1) He would have break a basic OPSEC principle: compartimentalization.
Never mix your true identity with your anonymous identity. And Satoshi followed OPSEC very strictly.
2) It seems very unplausible that a focused person like Satoshi (the same argument is valid for Hal) would have spent so much time debating with himself, that would be borderline schizofrenic behaviour, and that doesn't fit neither Satoshi nor Hal.
In any case the crucial point is 1). Imagine you want to be anonymous to avoid the heat - being the recipient of the very first bitcoin transaction and one of the very first developers defeats that purpose. Imagine that shit hits the fan and the Gov goes hard against Bitcoin: Hal would be one of the first (if not the first) to receive a very uncomfortable visit, in a "
less eliminate/interrogate all the possible targets" he would be on the top of the list - and that's an epic OPSEC failure that would lead to almost assured failure.
On the contrary, Nick Szabo (
Nakamoto
Satoshi) fits incredibly well. It is painfully obvious that Nick is one of the main (if not THE main) inspirators of Satoshi's work. Again: Nick was the inventor of the "smart contracts" concept and he developed extensive work on blockchain-like decentralized ledgers; his bit-gold is simply "bitcoin beta",
but he is not even cited as a reference on the Bitcoin whitepaper - the only plausible reason for such ommission is again, OPSEC/compartimentalization. Similarly, Szabo
never wrote about Bitcoin, despite it is clearly the system he has been writing about from 1996 to 2005. Every question to Szabo about BTC is duly ignored, he never wrote/commented about Bitcoin, even if it seems like the realization of years of his work. Additionally, the last paper on e-currency he wrote was published in 2005, and his very last comment on that matter (which was a central part of his work for at least 9 years) was published on his blog in 2008, shortly before the bitcoin paper was published.
Given the above and other many factors (similarity in writing style and political views, etc.) I give 75% chance that NS is SN. This obviouslly doesn't mean I want Nick to be "outed": privacy is a fundamental right that should never be taken away for anybody.
Rampion, are you Nick Szabo!?
You have convinced me. I have read some of his writings. He is brilliant and obviously smart enough to stay anonymous. I wonder where his though!? Does he still teach at George Washington University? Has he bought a private island somewhere?
184.
Post 5575817 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_12.25h):
this guy is going to have more bitcoin then i do by the end of the weekend....
Too bad your name wasn't "Adam Satoshi Nakamoto." Maybe they would have knocked on your door.
185.
Post 5576089 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_12.25h):
I will name my first child Satoshi Nakamoto [my last name], boy or girl!
It is a much better name than "Bitcoin."
186.
Post 5624080 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_12.25h):
Isn't it about time for a rally? It has been a few months. I would like to think I am a fairly patient person but I have things I want to spend some money on. C'mon Bitcoin. Be the "Little Engine that Could." Let's get the choo choo started. If you close your eyes and say, "I think I can, I think I can, I think I can" perhaps we can get this going!
187.
Post 5624126 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_12.25h):
It took 1.5 years from June 2011. Why do you think it couldn't take longer than that now?
I wasn't involved with Bitcoin in June 2011!
Last year was perhaps too exciting.
188.
Post 5631569 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_12.25h):
I'm starting to think this isn't a repeat of 2013 and we are going for a triple bottom.
This is like nothing we have seen before.
triple bottom seems unlikely.
400 feels pretty far down now not like when we were all freaking out about mtgox possible insolvency, or the chain bitcoin ban days after the bubble had official popped.
pretty sure it goes up from here.
did you hear ebay will soon have a BTC/PPUSD conversion machine?
I stand side by side with my good friend Adam. Double top; double bull trap, double bottom. I´m about to post trains in 6-10 days
I think fonzie's account has been hacked. Who is this??
His account is hacked or he bumped his head this past weekend.
It is almost tempting to "un-ignore" him.
Maybe it's a trap though.
189.
Post 5643360 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_12.26h):
I guess Bitcoin was on Conan last night!
http://teamcoco.com/video/79157/bitcoins-coo-explains-what-bitcoin-isIt has moments. Perhaps we can get a new demographic with Conan's fans?
190.
Post 5644212 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_12.26h):
Nobody posts TA on this forum anymore.
I feel inadequate in my TA abilities. No fancy charts or anything.
But here is my attempt:
Bitcoin was on Conan. Conan said the description of Bitcoin was "bullshit" as he put it, but I think the fact that it was on Conan at all is bullish.
Next (this one I am actually serious about) news today says that Jim Harper, director of information policy studies at the Cato Institute, is joining the Bitcoin Foundation. He was involved with lobbying for Paypal. This will definitely give legitimacy to Bitcoin and should cause serious investors eyes to open and funds will follow.
http://dealbook.nytimes.com/2014/03/11/bitcoin-foundation-bolsters-its-ranks/?_php=true&_type=blogs&_r=0My prediction, $700 by the end of the week. $800+ by next week.
191.
Post 5648274 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_12.26h):
It really looks like a thousand coins have just been market bought.
192.
Post 5648944 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_12.26h):
NEW YORK (MarketWatch) -- The Financial Industry Regulatory Authority, or Finra, on Tuesday issued an investor alert on bitcoin, saying digital currencies are "more than a bit risky." The agency said the alert was intended to caution investors about the risks inherent in buying and using digital currencies like bitcoin. That includes risks from speculative trading and potential fraud related to bitcoin companies, the alert said. The move came after the collapse of the bitcoin exchange Mt. Gox in late February, which filed for bankruptcy in Japan and the U.S. said it lost customers' bitcoins. "Digital currency such as bitcoin is not legal tender," the Finra alert said, which also warned about the lack of safeguards in place for consumers, the irreversibility of bitcoin transactions, and its association with illegal activities.
http://www.marketwatch.com/story/finra-alert-says-bitcoin-more-than-a-bit-risky-2014-03-11?reflink=MW_news_stmpThx FINRA. We were all unaware that bitcoin is a speculative investment.
Everyone here are also aware that most of the bitcoins are owned by anonymous people, who in all probability and considering the history, are drug dealers, computer crackers or confidence man. By trusting your wealth in bitcoin, you are trusting that this criminal element won't dump their coins to acquire your wealth as their own.
Bitcooins are EVIIIIIIIIl, evil i tell you!
Witches and goblins own bitcoins, they are the spawn of the devil himself!
Gees, could you get anymore melodramatic? Most of the early anonymous people are nothing like you think ... the criminal element was late to the party and looks like the real criminals, wall st., regulators and others are just showing up now ... you're arriving in the best company it seems.
How's those sour grapes working out for ya? I heard they play hell on the gutz if you keep scoffing them, ulcers, IBS, all of that ...
Bitcoins are owned by evil people? Well if we want to get philosophical about it, we all are sinners so I guess it could be true.
But Bitcoin, like cash, can be used for good or evil in the world and I like to think it is less evil than the bankers and governments that control our money now.
193.
Post 5649787 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_12.26h):
My jaw literally dropped on the floor when I read this on Reddit just now!
Overstock CEO just emailed 41.7 million people about Bitcoin and why he believes in it! That is bullish! (It is the Wired article that came out a while ago about him. It is a good article BTW.)
http://www.overstock.com/80786/static.html?ehid=EF916438FE97B21EE040010A249C4B4A
194.
Post 5650259 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_12.26h):
Overstock CEO just emailed 41.7 people about Bitcoin and why he believes in it! That is bullish! (It is the Wired article that came out a while ago about him. It is a good article BTW.)
I feel sorry for whoever the 0.7 person was.
My bad. 41.7 million.
I have have been making typos all day. Not sure why. Oh well.
195.
Post 5652165 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_12.26h):
Isn't it about time for a rally? It has been a few months. I would like to think I am a fairly patient person but I have things I want to spend some money on. C'mon Bitcoin. Be the "Little Engine that Could." Let's get the choo choo started. If you close your eyes and say, "I think I can, I think I can, I think I can" perhaps we can get this going!
I posted this yesterday morning. I think it worked.
196.
Post 5679197 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_12.26h):
Damn, all this philosophy in last 10-15 pages makes this thread boring
I could start talking about religion if you are tired of philosophy.
197.
Post 5711597 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_12.26h):
If Second Market keeps buying close to 2000 BTC a day it should start bumping the price up.
I know that they buy much of their coins off the exchanges but the miners would have to run out at some point wouldn't they?
198.
Post 5738867 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_12.27h):
Much exciting, so action
This is the "Stability" everyone says Bitcoin doesn't have.
It will probably only last a day or two more though.
199.
Post 5766481 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_12.27h):
Bull trap?
Bear trap?
We're not out of the woods yet boys
But it isn't as boring as it was last week.
200.
Post 5771101 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_12.27h):
Although I have never bought any LTC (thought about it many times but it was never convenient to do so) I am actually glad to see it go up even as a Bitcoin holder. Why? It is quite simple. Litecoin is more volatile and there are less places to spend it. People will eventually decide that it is a great price to sell Litecoin and then where will those gains go? Much of it will go back to Bitcoin so it isn't necessarily a bad thing.
201.
Post 5775422 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_12.27h):
What the person remove the wall after they buy up tons of cheap coins. . .
202.
Post 5775431 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_12.27h):
Watch the person remove the wall after they buy up tons of cheap coins. . .
And there it went.
203.
Post 5806855 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_12.28h):
Or English for those that don't speak Engrish.
204.
Post 5866193 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_12.28h):
Tweets are not news. They are rumors.
Agree ... and we should not just follow every rumor that we hear ... or read..
As for now... price is upredictable as it was before
When I saw Coinbase was hovering around $557, I thought, oh shit, it is getting down close to my next BTC buy-in price (which is currently meant to be below $550 - b/c the last time I bought was at $584). So I was playing around with typing in random quantities of BTC to their site just to allow the BTC prices to reload, and then the box flashed $551; however, my desired quantity of BTC was NOT ready to go or I would have clicked buy. Then i corrected the proper quantity, and the price reverted to $558.27... so I did NOT buy.
Sometimes, I would just like to get it over with and to just buy.. so that I do NOT have to think about these kinds of matters anymore , until the price drops to my next buy-in point (which would probably be around $529 - depending upon how long it takes to get there... seems doubtful, though... )... And so sometimes I will buy at a few extra dollars per BTC, just to get the purchase out of the way.
I have found the price on Bitstamp to usually be a few dollars above Coinbase, yet, generally, Coinbase's price does NOT fluctuate as widely as Bitstamp. I complained to them once about this and accused them of arbitrage.. something like that.... Anyhow, every once in a while when BTC price is very eradic, then Coinbase will be less than Bitstamp... Go figure!!!
It would be NICE if Coinbase would allow for the placement of ORDERs, but I suppose that may cause additional technical difficulties for their set-up.
Ok.. so now the Coinbase price is hovering between $552 and $556 while the Bitstamp's hovering between $552 and $548... Seems like, if I were to wait it out, we are going to get down to $549 on Coinbase.. Not sure if I can wait that long... . My frequent problem, however, is as soon as I click buy, then the price really starts to go down and then I am kicking myself for NOT waiting it out a little longer... Can never tell for sure.. how low will she go??? limbo...land... ?
Will it matter if you bought at $549 or $552 when the price gets to $1000 or more?
I know for day-traders it can make a difference but for holders it really is not that big of a deal.
I think now is a great time to buy BTW and I just threw some money in for the first time in several weeks.
205.
Post 5866265 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_12.28h):
Tweets are not news. They are rumors.
Agree ... and we should not just follow every rumor that we hear ... or read..
As for now... price is upredictable as it was before
When I saw Coinbase was hovering around $557, I thought, oh shit, it is getting down close to my next BTC buy-in price (which is currently meant to be below $550 - b/c the last time I bought was at $584). So I was playing around with typing in random quantities of BTC to their site just to allow the BTC prices to reload, and then the box flashed $551; however, my desired quantity of BTC was NOT ready to go or I would have clicked buy. Then i corrected the proper quantity, and the price reverted to $558.27... so I did NOT buy.
Sometimes, I would just like to get it over with and to just buy.. so that I do NOT have to think about these kinds of matters anymore , until the price drops to my next buy-in point (which would probably be around $529 - depending upon how long it takes to get there... seems doubtful, though... )... And so sometimes I will buy at a few extra dollars per BTC, just to get the purchase out of the way.
I have found the price on Bitstamp to usually be a few dollars above Coinbase, yet, generally, Coinbase's price does NOT fluctuate as widely as Bitstamp. I complained to them once about this and accused them of arbitrage.. something like that.... Anyhow, every once in a while when BTC price is very eradic, then Coinbase will be less than Bitstamp... Go figure!!!
It would be NICE if Coinbase would allow for the placement of ORDERs, but I suppose that may cause additional technical difficulties for their set-up.
Ok.. so now the Coinbase price is hovering between $552 and $556 while the Bitstamp's hovering between $552 and $548... Seems like, if I were to wait it out, we are going to get down to $549 on Coinbase.. Not sure if I can wait that long... . My frequent problem, however, is as soon as I click buy, then the price really starts to go down and then I am kicking myself for NOT waiting it out a little longer... Can never tell for sure.. how low will she go??? limbo...land... ?
Will it matter if you bought at $549 or $552 when the price gets to $1000 or more?
I know for day-traders it can make a difference but for holders it really is not that big of a deal.
I think now is a great time to buy BTW and I just threw some money in for the first time in several weeks.
BitChick is right, BitChick is always right...
I saw this comment then quickly checked who posted it. I was hoping it was "BitChicksHusband." That was wishful thinking though!
I can't say I am "always right." What I can say is that I have been trying to learn from my mistakes. NOT buying as much as possible last Summer when it was a bit depressing when the price was not really moving and was stuck around $100 was a bad decision.
I have learned when it feels the most stagnant and even a bit depressing is the BEST time to throw money in.
206.
Post 5883439 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_12.29h):
Is it weird that I am happy to see all the pictures of trains again? It might be a bit premature but they make me smile anyways.
207.
Post 5883607 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_12.29h):
The guy on that last video was getting a little too excited considering the speed that train was going though. Much like some of us here I believe.
208.
Post 5884833 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_12.29h):
I dont like this video because the train stops and reverses!
NO NO NO!
But dayum those are fine trains! OMG!
I was thinking the same thing when the train started going in reverse.
Some people on this board get excited when the "train goes in reverse" too though so I guess it is still appropriate.
I found these videos to really get things going! The best part is that they are Chinese trains! That should help us!
http://www.youtube.com/watch?v=gbd8vgEFCE8http://www.youtube.com/watch?v=FBGCus9zZ30
209.
Post 5897350 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_12.29h):
Good to see i'm not the only one starting to feel bullish when reading this thread. The sun is shining, summer is coming. Bitcoin u may rise now please.
This is sad if Bitcoin price is dependent on how we feel about the weather.
I didn't say that, read again.
Thanks I'm very bullish too the new coming difficulty is going to change the market dynamic and I'm predicting bull run.
I would trust the "veterans" on here. It is weird but there seems to be a certain "feel" in the air when things are about to change. I am not really a true "veteran" but before the last run in November I had this same sort of "feeling" if you want to call it that.
We threw some money in then, not really expecting the crazy run that happened soon after, but so relieved we bought more when we did. Knowing this we threw in a little more this week. Not much though because we are pretty much "all in" already.
210.
Post 5906393 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_12.29h):
I just read that the majority of the world's tax year begins in April and that many people want to sell coins now to offset taxes for next year and will buy back in April. Any thoughts on that? We had a huge rise in price last April. That could have been one factor.
211.
Post 5954079 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_12.30h):
Well, there will not be any denial or confirmation of the rumor until Monday 00:00 UTC (08:00 CST) at least. Huobi's traders have finally gone to bed it seems.
If I had to guess what will happen until then, I would say that the price will probably drift down a bit more, as the less active clients become aware of the ban and show up in the marketplace, and skeptical traders get contaminated by the general doubt. Say, the price may reach 2800-2900 CNY by Sunday night.
On Monday, if the report is proven false, the price should quickly return to 3500-3600 CNY. If the report is confirmed, it will presumably start falling again; how deep and how fast, I can't guess.
Is this reasonable? Too obvious?
if they ban it will you then buy a bitcoin?
What would cause JorgeStolfi to buy? Has he ever mentioned what the "tipping point" for him would be? I am curious.
212.
Post 5954329 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_12.30h):
whats with that thing about JorgeStolfi not buying bitcoin? doesnt he already own any?
His signature says "Academic interest in bitcoin only. Not owner, not trader, very skeptical of its longterm success."
If he changes his mind and buys some he should update that.
213.
Post 5955388 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_12.30h):
What would cause JorgeStolfi to buy? Has he ever mentioned what the "tipping point" for him would be? I am curious.
I already said that. I won't buy it for speculation, investment (whose "sale" I consider a scam), or even to help "the cause" (which at this point seems to have been totally derailed by "libertarians" and greedy financiers).
I may buy some cryptocoin someday to pay for something, if I find that it will be easier/cheaper/safer/faster/etc than the usual means (cash, check, bank remittance, cerdit card , debit card, ...). Which does not look very likely right now.
If he changes his mind and buys some he should update [ his signature ].
Of course.
How do you know if Bitcoin isn't an easier/cheaper/safer/faster way to pay if you have never tried it. Having used it on Overstock.com I can say it was easier/safer/faster and even "cheaper" (mostly because of the fact that the value and hence purchasing power of my bitcoin has increased since last year).
214.
Post 5955675 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_12.30h):
What would cause JorgeStolfi to buy? Has he ever mentioned what the "tipping point" for him would be? I am curious.
I already said that. I won't buy it for speculation, investment (whose "sale" I consider a scam), or even to help "the cause" (which at this point seems to have been
totally derailed by "libertarians" and greedy financiers).
I do agree that there seem to be a lot of libertarians in bitcoin, and attempting to suggest that bitcoin is the libertarian solution. There is some truth in some of these libertarian claims, but I try NOT to let them bother me to the extent that some of the ideas seem contrary to mine. In other words, I believe that there is room in the bitcoin world for NON-libertarians and NON libertarians can positively influence the direction of bitcoin.
greedy financiers are definitely in the midst.. but they are NOT gonna derail bitcoin.. at least NOT in the near term future.
So, derail is the wrong word.. influence and manipulate, yes to some extent, but derail.. nope... dont think so...
I have always considered myself a right-wing conservative. However, I posted a quiz on here in the politics section a while back that showed me that I actually leaned more left and towards libertarian in my thinking! I was actually shocked. Maybe my involvement in Bitcoin has changed me in more ways than I realize.
Now I just need to go buy a gun . . . .
215.
Post 5955748 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_12.30h):
BitChick with a gun
buy or die.
And if you buy you can thank me later!
216.
Post 5975583 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_12.30h):
Yay falling off a cliff again. Don't worry all you hodlers, it will do what the guy 2 posts above me said eventually, I just want the chance to buy back in at 400 where I foolishly sodl.
In the big scheme of things the difference in price between $400 and $500 is not that big of a deal. I would definitely buy some back now.
217.
Post 5975599 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_12.30h):
Huobi (!)
what the f is going on with the f-ing chinese? starting to get pissed with btc
Should we just start ignoring the Chinese exchanges like we did Gox?
218.
Post 5977577 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_12.30h):
Let's try to be nice now. I know it can be challenging when you're born to contend for domination of the universe, but let's all try.
TA from another thread:
Log scale chart of complete bitstamp USD history.
Why might the latest pennant be such a different beast to the previous ones?
First : Is there some kind of scale in the chart? Second: Past is not a predictor of future performance. Third: there may be different variables at play that affect the present performance to make it different from the first - intensity of government attention and sabotage.. or mt gox variable...
Don't get me wrong... I believe that is a more persuasive chart as compared with some other charts that I have seen... b/c I get the sense that the various variables that could change future performance are NOT significantly different to make a difference.. at least at the moment...
The past is not a 100% accurate predictor of future performance, however, there is something to be said about seeing patterns in the past and learning from them. I think this chart should make all of us sit back and ponder where Bitcoin is MOST LIKELY going. The most likely scenario based on this is to see the price go on a run in the next month or two past $3000 and maybe even a bit higher then have it consolidate back down a bit.
I think it is a great time to buy or just hold.
219.
Post 5977621 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_12.30h):
Bitchick is a legend, always positive since day one she posted here
Ahh. I guess I am extremely optimistic. BitChicksHusband was warning me today that on the next run in price we will sell some coins.
Why does this make me sad? I then argue with him about it. I think I have a problem. I am more than a Bitcoin Hodler. I am a Bitcoin Hoarder!
There is a time for everything. A time to hold and a time to sell. I will just have to let go as painful as it might be.
220.
Post 5977704 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_12.30h):
Bitchick is a legend, always positive since day one she posted here
Ahh. I guess I am extremely optimistic. BitChicksHusband was warning me today that on the next run in price we will sell some coins.
Why does this make me sad? I then argue with him about it. I think I have a problem. I am more than a Bitcoin Hodler. I am a Bitcoin Hoarder!
There is a time for everything. A time to hold and a time to sell. I will just have to let go as painful as it might be.
I am planning to cover my investment on the next run-up with minimal coins sold, and probably re invest on any corrections lol
That is the goal at least. I guess my biggest dilemma is the question of what will the ATH be next time? But BitChicksHusband has a plan of following Rpietla's SSS plan mentioned on here and systematically selling a certain intervals but then buying back in when corrections happen so it really will end up being a win-win situation at that point. We have not been able to take advantage of the ups and downs that seem to be an integral part of Bitcoin's growth. Maybe that will change? I hope so.
221.
Post 5977717 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_12.30h):
Just checked my Virwox transaction history. I bought my first Bitcoin on March 29th 2013.
Happy anniversity, and I am sure she is happy that you remembered.
Our first coins were bought March 18th 2013! That year went fast. I am just glad we are now in "Long term capital gain" territory. That is another reason we have not sold coins until now. OK, we sold a few but bought back when we needed some cash flow but other than that we haven't.
222.
Post 5977784 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_12.30h):
Bitchick is a legend, always positive since day one she posted here
Ahh. I guess I am extremely optimistic. BitChicksHusband was warning me today that on the next run in price we will sell some coins.
Why does this make me sad? I then argue with him about it. I think I have a problem. I am more than a Bitcoin Hodler. I am a Bitcoin Hoarder!
There is a time for everything. A time to hold and a time to sell. I will just have to let go as painful as it might be.
Maybe it depends upon how many BTC you have? If you have less than 100BTC, then maybe would NOT want to get rid of too many, at that $3,000 price, but if you have 1000BTC, then getting rid of 100BTC may be easier to deal with at $3,000
That is my point. We are not that early of adopters so we don't have a huge amount and that is why I just want to hold as long as possible. But there comes a point where one can sell systematically and buy back in during consolidation periods. It does make sense to a certain degree.
223.
Post 5978246 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_12.30h):
Whatever else is true, I think most people consider that anyone resorting to threats in any argument instantly loses any shred of credibility they had remaining.
I would agree with that, but to be fair, Jorge was being taunted like a nerd set upon by a pack of schoolyard bullies. No matter how reasonable and well-socialized and mature you may be, that sort of thing can elicit rash behaviour. It's not an environment of rational, respectful argument. It wasn't even worth the label "argument".
I've spoken rashly here under less oppressive circumstances than that.
Well yeah I get that... and I do sympathise. But it's not exactly his first day at the Internet.
Furthermore I appear to be included in the threat target group and I really don't think I'm guilty of conducting a concerted effort to direct any vitriol towards him - certainly never anything of a personal nature. I've just expressed my increasing disappointment and frustration about his rather disingenuous 'technique', which is to present an agenda-driven opinion as if it were based on facts and objective research - not to mention consistently and consciously recycling already debunked arguments.
I too would prefer that all the people he antagonises would show some respect and civility - but throwing your toys out of the pram and threatening to 'teach people a serious and unforgettable lesson with just a few keystrokes' sounds like something an angry teenage script kiddy might say; not an academic of his years and experience.
The cultists picking on Jorge again while forgetting a significant fact.
Jorge is Jorge, one of the few with the balls to front up on his identity here, a fact that is regularly used against him. It seems bizarre that he can be accused of being insincere by people who hide behind pseudonyms.
As regards 'civility'...I've yet to see Jorge be uncivil to anyone here, while he is regularly subject to personal abuse.
Jorge seems like a good guy. I think the only thing that is frustrating to some of us is why he doesn't want to "join the fun" so to speak and just pick up a coin or two.
I suppose the frustrations of those that do not feel that he is "part of the team" is what can come out in antagonistic ways. We should appreciate his honesty and his contribution to the board in that he brings different viewpoints here.
That said, I honestly wish he would buy a coin. I wish everyone I know would. Not for selfish reasons, but out of a sincere and altruistic desire for them to have something invested in one of the greatest opportunities that may come up in our lifetime.
224.
Post 5991668 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_12.31h):
At $1,100: "BUY BUY BUY! Next stop will be $1,000,000 Bitcoins!"
At $450: "BUY BUY BUY! Next stop will be $10,000 Bitcoins!"
Let's see what the permabulls are saying at $350.
think we'll see 270 in the next weeks and if those constant negative news hold on a spike to 150 is not impossible...
$150 is more of a dream then $10k
its not the bulls who are in denial
its the bears
I would like to know: When are we gonna see $10K? Are we gonna get there in a few flash crashes (upward) in 2015 and then maybe in 2016 or so, $10k will be the new bottom, and in $2017 $10k will be a distant memory of earlier years? Or would you envision some other kind of scenario involving the $10K? like further down the road? or earlier?
I think it could happen at the end of 2014 but I would think by 2015 for sure. With the amount of money that is expected to be poured in by Wall Street in the fourth quarter of this year $10,000 should be quite easy to reach.
This is why we should not panic on days like today. Just hold on for the ride and try to pick up a few more coins in the process.
225.
Post 6007752 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_12.31h):
Once upon a time a minute ago on Stamp there were a 500 coins high bid wall at 446 and a 700 coins ask wall at 450. Then the ask wall got eaten.
Saw that. Seems like a great way to guarantee 500 coins at $450. If I had the cash I would have bought too.
226.
Post 6023669 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_12.31h):
I should apply. This is a programming job even I could handle.
227.
Post 6046456 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_12.32h):
Lets face it guys we're a bit fucked. The bottom line is that all money in Bitcoin eventually needs to move through the exchanges and people aren't willing to trust the exchanges. So all that BTC thats gone may affect the price upwards in the uber long term due to lack of supply, but if there isn't a safe way to express demand, supply matters not. We'll recover but this might be another 2 year ride (no guarantees, but it seems like a real possibility). I sat through one I can sit through another though, I guess.
Cheer up people. Take a look at this chart from the "other TA" thread and realize that we are in such a great position right now. The trendline is almost freakishly identical to the trend from 2010 -2011 to the trend we are on now from 2013 till now. If it stays on the same path we are looking at $10,000 or even more easily on the next rise in price.
https://bitcointalk.org/index.php?topic=400235.msg6032075#msg6032075
228.
Post 6046496 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_12.32h):
Lets face it guys we're a bit fucked. The bottom line is that all money in Bitcoin eventually needs to move through the exchanges and people aren't willing to trust the exchanges. So all that BTC thats gone may affect the price upwards in the uber long term due to lack of supply, but if there isn't a safe way to express demand, supply matters not. We'll recover but this might be another 2 year ride (no guarantees, but it seems like a real possibility). I sat through one I can sit through another though, I guess.
Meh, trust in exchanges means f'all. If few whales start a bubble you'll see people in line begging to send their money to exchanges.
Good old greed beats any trust problems.
Not really. At least, not in my experience. Even if bitcoin is bubbling, if people don't trust the exchanges, they just won't invest, primarily because they don't seem to understand that you can be independent of credit risk by withdrawing your coins... :\
yeah, that's why we have zillion of people from November here
There is enough people on the planet who will feel the need to send money there as soon as their greed indicator goes to green
I don't doubt that a second, it's only a point when circumstances will be cuh for that to happen or to make it simple - when next bubble will start.
What is more impressive then these dips in price? How crazy fast the price can rise when Bitcoin starts taking off! I think people panic even more when the price is rising in Bitcoin. Just wait till we take off next time. This ride will get crazy!
229.
Post 6046511 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_12.32h):
Lets face it guys we're a bit fucked. The bottom line is that all money in Bitcoin eventually needs to move through the exchanges and people aren't willing to trust the exchanges. So all that BTC thats gone may affect the price upwards in the uber long term due to lack of supply, but if there isn't a safe way to express demand, supply matters not. We'll recover but this might be another 2 year ride (no guarantees, but it seems like a real possibility). I sat through one I can sit through another though, I guess.
Cheer up people. Take a look at this chart from the "other TA" thread and realize that we are in such a great position right now. The trendline is almost freakishly identical to the trend from 2010 -2011 to the trend we are on now from 2013 till now. If it stays on the same path we are looking at $10,000 or even more easily on the next rise in price.
https://bitcointalk.org/index.php?topic=400235.msg6032075#msg6032075I am not worried just displeased that Pboc is so shadowy with the rulings.. but fiat has it slaves.
April 15th will come and go. The price might not move much before then, or up a little perhaps, but when everyone realizes that Bitcoin isn't going to "zero" things will get interesting once again.
230.
Post 6046625 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_12.32h):
Cheer up guys Bitcoin still has a lot of gas left in the tank. No way these big time BTC startups don't at least punch back.
Yeah, and people still have guts to call this to be possible 2011 with such difference in fundamentals. I could cry reading that, really.
Are the "fundamentals" really that different or just at a different scale now with different "players" in the game? I think there is something to the patterns.
If we get to $10,000+ by late Summer am I allowed to come back and say, "I told you so?"
You always seem fairly bullish though Seleme so I assume you think it is doable, no?
231.
Post 6046893 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_12.32h):
Cheer up guys Bitcoin still has a lot of gas left in the tank. No way these big time BTC startups don't at least punch back.
Yeah, and people still have guts to call this to be possible 2011 with such difference in fundamentals. I could cry reading that, really.
Are the "fundamentals" really that different or just at a different scale now with different "players" in the game? I think there is something to the patterns.
If we get to $10,000+ by late Summer am I allowed to come back and say, "I told you so?"
You always seem fairly bullish though Seleme so I assume you think it is doable, no?
I'm not sure about 10 000 or any price in some specific time stamp but I'm fairly bullish about Bitcoin generally, and in same time I'm not afraid of it going to any price. As there is money to be made trading crypto at any price.
And yeah, fundamentals are different. Back in the summer of 2013. we had no idea if USA would ban bitcoin completely, for example, that was my (and most of other people) main fear.
And now we are worried about China banning it. There were exchanges failing then. There are exchanges failing now. We are just at a different scale but things haven't changed that much.
232.
Post 6062510 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_12.32h):
^^ They say that now, but if the price should get back to ATH I'll bet there would be some heavy selling by those same hodlers.
I thought that everyone would sell when we got past the ATH of $266 in November but it did not seem to stop the buyers then.
233.
Post 6074834 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_12.33h):
Market Cap Comparisons:
Bitcoin $5 B
Apple $475 B
Chipotle Mexican Grill $17 B
Dollar Tree, Inc. $11 B
IBM $200 B
Intel $130 B
Costco $49 B
CVS Caremark $89 B
Berkshire Hathaway $307 B
Pandora Media $5.6 B
Most people probably haven't even heard of the names for 99% of the companies with the same market cap of BTC. It is still in small-cap stock territory and it's market price behaves as such. How much Capital does it take to move the price around? $5 million has a huge effect. How many individuals can move that much into and out of a market(s)? How many trading firms around the world can? How does $50 million sound? This isn't even the beginning yet. Fortunately, and I think there are a good number of people here who already know this, all of the information you will need will be right there in front of you, hidden in plain sight. You just have to focus and know how to see it.
I've learned a few things about bitcoin from this thread and had a few laughs, so thank you for that. I wish you all well, although I will still try to take your money if given a chance.
Sayonara,
Nick
Stats like these are always so eye opening. We get so concerned about China but many of these companies are only in the USA so we should not be too concerned. To think that BTC only has a market cap of $5 Billion and Chipotle is 3x that? Don't get me wrong, I like Chipotle, but that is crazy.
The question I have is what is the estimated price when we reach $10 B, $15 B, $50 B and so on. I guess it depends on the amount being hoarded or available on the market at that time?
234.
Post 6078332 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_12.33h):
If I didn't know better, I'd say the ol' coin is beginning to warm up a touch
can't wait till its hot again
Yes. Good times are ahead I believe.
I never could figure out why anyone needed the Silk Road. When Bitcoin is skyrocketing it gives a pretty good "high."
235.
Post 6078437 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_12.33h):
tomorrow we post trains, then next week rocket pics?
Good idea! We need to prepare for something faster than rocket though.
Light speed?
236.
Post 6090914 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_12.33h):
The real question is who's gonna buy today when they could have bought yesterday @ $477 or when I bought at $10. Who's gonna hold when they can lock in a $18 profit in a down market?
Sell this bounce and help me defend the $400 wall or run the risk of this bounce being like the last 20 or so.
Who is going to buy now? Many people are much more likely to buy as the price is rising. They feel more confident when they see the direction Bitcoin is moving and are willing to purchase at a higher price because of that. When the price hits "rock bottom" it can be very difficult to buy because the feeling is a bit depressing and there is more fear and worry. But with rallies come more confidence and a more positive outlook and then the money just starts flowing in.
237.
Post 6117984 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_12.34h):
I just posted a news article in the press section. We are going to be able to get Bitcoin ATM cards that work anywhere Discover card is taken! This is really exiting news I believe, and of course, it could be Bullish. Granted, some people will cash out their coins perhaps, but it is progress nonetheless!
http://gigaom.com/2014/04/07/new-bitcoin-debit-card-claims-to-work-with-90-percent-of-us-atms/
238.
Post 6147208 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_12.34h):
its over folks
bitcoin is dead.
wow , seriously adam ?
Perhaps he is just trying to get us to the point of "despair" so we can finally move up again?
239.
Post 6150116 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_12.34h):
This is the end
I can't believe it
All this for nothing
I guess I will have to work this summer and look for education
We were so fucking close
No. Just hang on. This is the way it always is before the choo choo comes.
240.
Post 6151146 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_12.35h):
For some reason this flash crash feels eerily familiar to the dumping that took place after the Silk Road closure. So does that mean next week . . . oh never mind.
241.
Post 6157478 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_12.35h):
I am sorry, but BTC will not survive this night.
Lets remember the good moments we had together...
When you feel this way it is a sure sign that it is time to buy as many coins as you possibly can. Trust me. I have learned this.
242.
Post 6158007 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_12.35h):
I could recall some better times from Bitcoin
We have our bad days but our good days are worth the pain.
243.
Post 6159879 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_12.35h):
Is this silk road crash 2.0?
this is an entirely new crash
But hopefully the same outcome when the dust settles.
244.
Post 6160104 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_12.35h):
What are you smoking?
NO! Please, don't ask Risto that!!
He'll give us a lecture on today's cigar.
Talking about cigars might not be a bad thing on days like today.
As a female I can talk about many pointless things! Maybe we should all just start talking about our hobbies, kids, shopping etc. Get our minds of of Bitcoin for a while until we are in a better place.
245.
Post 6162888 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_12.35h):
Creditors, who have been stuck in limbo since their accounts were frozen, would have the option of receiving a prorated payment from the 200,000 recovered bitcoins, an estimated 20% recovery value on their claims, or receiving the equivalent amount in equity in the new exchange.
Goxcoin on the pump!
That is great news! I don't have any coins in limbo but I am excited that there will be an option for those that do. Very cool!!!
246.
Post 6165436 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_12.35h):
bought in at 350, sold all at 950 & just bought back at 350.
done. good night mofos.
Well done.
Can't say I am able to trade like that so I have given up trying.
247.
Post 6165580 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_12.36h):
Here is a approximate list of the bear markets Bitcoin has gone through..
32 -> 2 = 94% loss
266 -> 50 = 80% loss
1150 -> 350 = 70% loss
Jumping the gun there a little bit, aren't we?
Seems about right. I guess the encouraging news is that the losses are getting smaller after each bubble.
248.
Post 6166238 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_12.36h):
It seems that it takes a little longer to "dump" than to "pump". Any thoughts? Is the price going to go back up faster than it went down or am I just being my typical optimistic bullish self?
249.
Post 6166727 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_12.36h):
at least for a few minutes, that guy who dumped at $340's got to be feeling pretty stupid.
Few minutes? If he does not buy back ASAP he could feel stupid for a lifetime!
250.
Post 6166950 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_12.36h):
huobi continues to lead the price up, third run at 2400
But China banned Bitcoin? Everybody sold because of this horrible news. Everybody needed to get rid of their coins.
Now people are buying?
Sounds like a bunch of complete fucking idiots to me.
Some Chinese travel internationally and will be able to spend coins when outside the country. I would think the fact that they are harder to get would just make them that more desirable now? But what do I know. Of course most people don't like having their money tied up without having access to it, but for some it won't be as big of an issue as you would think at first glance.
And I think we have seen the low, BTW. It should move on up from here.
251.
Post 6173266 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_12.36h):
Hey guys, what is the reason for the ongoing bitcoin price decline?
rumors of Gox coming back
And now the rumors of China coming back.
Which is perfect for launching a new Bitcoin bubble when the dust settles!
252.
Post 6174673 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_12.36h):
I'm still expecting $500 coins this weekend or on monday, tuesday maybe
Yes. I can feel it!!!
253.
Post 6174804 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_12.36h):
I sense the bear fear of being left behind, if huobi gets to like 2730'ish i expect mass panic buybacks
Panic buybacks sound fun to watch. Time for some popcorn and good show!
254.
Post 6241717 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_12.38h):
This thread has become painfully predictable.
Unless Rptellia, Aminorex, Smoothie, Magic Mexican, Adam, Richy T, Bitchick/husband, Jimbo Toronto, Seleme, eurotrash, Fonzie and a few others I am forgetting write something it is the same predicable shit by the same predictable people. My ignore list is through the roof.
As a female it is a great compliment to not be "ignored"
I can't say I offer much in the way of TA. But I can always bring the advice to hold through thick and thin!
255.
Post 6241730 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_12.38h):
New ATH by June 1, 2014
Just because.
Many people have been predicting July and August but I think June 1st is highly likely! It would not surprise me. Hopefully late April/May ends up being like November. That was a fun month! I would wake up every morning and calculate how much money I made just sleeping!
256.
Post 6252309 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_12.38h):
Has anyone posted yet that there is actually a Bitcoin ATM that is set up and running as of today in Shanghai?
http://www.reuters.com/article/2014/04/16/us-china-bitcoin-idUSBREA3F0MK20140416
257.
Post 6282673 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_12.39h):
I wonder how many people have bought into bitcoin and been killed short term with drops. So they become bitter and start shorting it and then get killed on its way up. Then preach to everyone that the market is manipulated and they predict doom for all on their way out.
duh...ya...thats been everybody on here at one time or another. Its part of the learning curve.
Everyone? If you don't trade you can't short and get burned. This is why holding is always a great option!
Hubby and I have just been buying and holding for a little over a year now.
258.
Post 6283018 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_12.39h):
I wonder how many people have bought into bitcoin and been killed short term with drops. So they become bitter and start shorting it and then get killed on its way up. Then preach to everyone that the market is manipulated and they predict doom for all on their way out.
duh...ya...thats been everybody on here at one time or another. Its part of the learning curve.
Everyone? If you don't trade you can't short and get burned. This is why holding is always a great option!
Hubby and I have just been buying and holding for a little over a year now.
I am not talking about holders...I am talking about
people that actually care about the day to day price of bitcoinAs a "holder" I still totally care about the day to day price!
259.
Post 6283066 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_12.39h):
I wonder how many people have bought into bitcoin and been killed short term with drops. So they become bitter and start shorting it and then get killed on its way up. Then preach to everyone that the market is manipulated and they predict doom for all on their way out.
duh...ya...thats been everybody on here at one time or another. Its part of the learning curve.
Everyone? If you don't trade you can't short and get burned. This is why holding is always a great option!
Hubby and I have just been buying and holding for a little over a year now.
I am not talking about holders...I am talking about
people that actually care about the day to day price of bitcoinAs a "holder" I still totally care about the day to day price!
why?
I supposed I shouldn't care, but it is hard not to still get emotional about the ups and downs and it is great to see the price rising. There will come a day when I will cash some of the coins out. Of course it will be a very systematic sell off and at that point I might buy back some on the dips but for now I have just been holding and waiting and I don't regret it.
260.
Post 6283364 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_12.39h):
I wonder how many people have bought into bitcoin and been killed short term with drops. So they become bitter and start shorting it and then get killed on its way up. Then preach to everyone that the market is manipulated and they predict doom for all on their way out.
duh...ya...thats been everybody on here at one time or another. Its part of the learning curve.
Everyone? If you don't trade you can't short and get burned. This is why holding is always a great option!
Hubby and I have just been buying and holding for a little over a year now.
I am not talking about holders...I am talking about
people that actually care about the day to day price of bitcoinAs a "holder" I still totally care about the day to day price!
why?
I supposed I shouldn't care, but it is hard not to still get emotional about the ups and downs and it is great to see the price rising. There will come a day when I will cash some of the coins out. Of course it will be a very systematic sell off and at that point I might buy back some on the dips but for now I have just been holding and waiting and I don't regret it.
ok so your actually still speculating then
I have other investments which I am "holding" and sometimes go as long as 6 months between price checks
Other investments probably don't increase (or decrease) in value as fast as Bitcoin can.
Because there are intervals in which we will sell (using the SSS plan that can be found on this board) I need to be vaguely aware of the price for that reason. But I think it just becomes a bit addicting watching the price! I need to find another hobby!
261.
Post 6283435 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_12.39h):
I wonder how many people have bought into bitcoin and been killed short term with drops. So they become bitter and start shorting it and then get killed on its way up. Then preach to everyone that the market is manipulated and they predict doom for all on their way out.
duh...ya...thats been everybody on here at one time or another. Its part of the learning curve.
Everyone? If you don't trade you can't short and get burned. This is why holding is always a great option!
Hubby and I have just been buying and holding for a little over a year now.
I am not talking about holders...I am talking about
people that actually care about the day to day price of bitcoinAs a "holder" I still totally care about the day to day price!
why?
I supposed I shouldn't care, but it is hard not to still get emotional about the ups and downs and it is great to see the price rising. There will come a day when I will cash some of the coins out. Of course it will be a very systematic sell off and at that point I might buy back some on the dips but for now I have just been holding and waiting and I don't regret it.
ok so your actually still speculating then
I have other investments which I am "holding" and sometimes go as long as 6 months between price checks
Other investments probably don't increase (or decrease) in value as fast as Bitcoin can.
Because there are intervals in which we will sell (using the SSS plan that can be found on this board) I need to be vaguely aware of the price for that reason. But I think it just becomes a bit addicting watching the price! I need to find another hobby!
interesting...tell me more about this sss plan
262.
Post 6283585 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_12.39h):
As a "holder" I still totally care about the day to day price!
why?
So we can decide when to buy more!
That's true too!
Although I am getting low on fiat. I am now Bitcoin "rich" and fiat "poor."
263.
Post 6286227 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_12.39h):
Will it be available online at some point?
264.
Post 6317226 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_12.39h):
Huobi is eating walls. 130BTC sell wall gone in a flash.
Do we dare post pictures of trains yet? They haven't seemed to work as of late.
I did have a dream we were at $1350 last night. I was yelling at my husband for not selling any at $1350. But then he said, "The price is $5500." I said, "that is half of what it was!" I guess I can't do math while sleeping. But of course, even in my dreams it is better to hold.
265.
Post 6327364 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_12.39h):
we have a little bit of buying to do today to get us back to the $500 levels..
Why bother. Someone will dump to make sure we go down again. It happened like 5 times now. You'd be crazy to buy at this point.
Crazy to buy at $500? Many people bought higher than this. I bought some higher than this. I think it is crazy not to buy when considering where Bitcoin will be later this year or even this month! Also, there have been times where it seems like Bitcoin is going nowhere then shoots up to a new ATH within just a few weeks.
266.
Post 6328373 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_12.39h):
we have a little bit of buying to do today to get us back to the $500 levels..
Why bother. Someone will dump to make sure we go down again. It happened like 5 times now. You'd be crazy to buy at this point.
Crazy to buy at $500? Many people bought higher than this. I bought some higher than this. I think it is crazy not to buy when considering where Bitcoin will be later this year or even this month! Also, there have been times where it seems like Bitcoin is going nowhere then shoots up to a new ATH within just a few weeks.
Calm down. I'm talking about this specific moment. As soon as we go up either someone starts dumping or Chinese fud appears. I would wait this out if i was a trader or i guess a long term buyer. We can easily go to 450 or lower again. If we break 520ish without someone stopping it i'd say it's buying time.
The current situation is pure manipulation by a small group of people if you'd ask me.
Sorry. I guess I am just getting tired of the bearishness.
I guess if someone wants to save a few bucks perhaps they can wait to buy but really now is a great time to buy in general. I think it could shoot up at any point. Bitcoin is known to do that.
267.
Post 6329187 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_12.39h):
I too think it will go up after this China bs is over.
Honestly, I don't believe it ever will be. I thought April 15 would be the end of it - two days later, another ambiguous ban.
The market will just have to move on and start treating them like the irrelevant bully they are; a lot of buying from western individuals who are not in this as speculators looking for short-term profit is the only thing that will pull us up, imo.
It got to the point where we started to ignore Gox. Maybe we can start ignoring China too? I can hope at least.
268.
Post 6359432 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_12.39h):
Are we at "Told you so?"
This is when we are supposed to be buying then right?
269.
Post 6360864 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_12.40h):
i got a really good feeling about breaking through 490 in the next few hours.
here we go!!
i'm so excited.
and i just can't hide it
i'm about to lose control and i think i like it!
And what if we never see the 400's again!
270.
Post 6361596 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_12.40h):
I am pretty sure that there is only a little chance that we will ever again see $400.
As we know, nothing is impossible - but imo - $400 is really close to impossible.
Hey, BitchicksHusband told me when the price was around $190 that we really should buy more coins. I didn't think there was any urgency. I figured we might go back down to $120 again but I figured we might as well buy a few more. (I think what I was really thinking was why didn't you say we should buy more when the price was $100) This was the week before we hit $200 and then the price skyrocketed up. We have never seen the $100's since then (Gox doesn't count BTW) So I think it could happen. In fact, I would even say there is a good chance that once we hit a major bull run we will never see $500 or even $600 again.
But what can I say. I have been told I need to change my user name to "BullChick!"
271.
Post 6362310 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_12.40h):
This board is so bullish its amazing. A testimony to bitcoin indeed.
I don't know to make of it. On one hand, all this bullish sentiment should mean that we haven't capitulated yet.
But I know that's not a complete picture.
Some of us have learned how to be bullish at all times.
272.
Post 6362614 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_12.40h):
This board is so bullish its amazing. A testimony to bitcoin indeed.
I don't know to make of it. On one hand, all this bullish sentiment should mean that we haven't capitulated yet.
But I know that's not a complete picture.
Some of us have learned how to be bullish at all times.
Learn me how, i need that optimizm
Hold for a year and after a couple of bull runs you will understand how Bitcoin is the "honey badger" of money.
273.
Post 6362987 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_12.40h):
This board is so bullish its amazing. A testimony to bitcoin indeed.
I don't know to make of it. On one hand, all this bullish sentiment should mean that we haven't capitulated yet.
But I know that's not a complete picture.
Some of us have learned how to be bullish at all times.
Learn me how, i need that optimizm
Hold for a year and after a couple of bull runs you will understand how Bitcoin is the "honey badger" of money.
It was a real pleasure seeing you urging everyone not to sell as Bitcoin came down slowly from 800.
With Bitcoin reaching new all time highs once or twice a year I think it is wise to hold, even for those that purchased at $800 or even $1200.
However, if you want to sell go ahead!
274.
Post 6363761 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_12.40h):
This board is so bullish its amazing. A testimony to bitcoin indeed.
I don't know to make of it. On one hand, all this bullish sentiment should mean that we haven't capitulated yet.
But I know that's not a complete picture.
Some of us have learned how to be bullish at all times.
Learn me how, i need that optimizm
Hold for a year and after a couple of bull runs you will understand how Bitcoin is the "honey badger" of money.
It was a real pleasure seeing you urging everyone not to sell as Bitcoin came down slowly from 800.
With Bitcoin reaching new all time highs once or twice a year I think it is wise to hold, even for those that purchased at $800 or even $1200.
However, if you want to sell go ahead!
No, thank you, I sold at 800 and recently at 550.
I tried to trade with a small amount early on and got burned and realized I would have been better of just holding. But some of you are really good at it. I applaud that and hope it all works out. It is just that the market is sometimes a little unpredictable.
Also, I thought about selling some at $1000 but there were tax reasons not to last year for us. Sometimes things are not always that simple.
275.
Post 6383148 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_12.40h):
My crystal ball says it's buying time. And dump at 505 before a whale dumps and takes us down again. Which is pretty much guaranteed to happen
I'm sorry for stopping this rally everyone. I didn't realize i had so much influence on the market. I'll be more careful with what i'm saying in the future.
Just start posting trains and pictures of graphs with moons on them and everything will be fine.
276.
Post 6394359 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_12.40h):
So here is your last chance to get coins for <500.00
You will never see bitcoin prices much lower than this again. It might go slightly lower and may even retest the last low at around 350.00 but this is buy zone if you haven't already. You can quote me on this and thank me later when we are at 10,000 plus in a few short months. China is only an excuse and mars can easily be reached without her. Don't believe the hype.
Where have I heard that before? Oh wait, $600.
I heard it at $800 and even $1000
I heard it at $0.25 (per bitcoin), and various times after that. Sometimes there was an opportunity, sometimes not.
Generally not.
So "generally" we should all buy as much as possible especially on days like today.
I am just trying to understand why it is so hard psychologically to buy on days like today. I was telling BitchicksHusband when he woke me up early this morning to tell me we should buy that it is a bit depressing and I almost have a feeling of "why bother" especially when we made some gains yesterday only to lose them all because of a bunch of stupid FUD. But I guess my bearishness just proves the bottom has hit! Buy, buy, buy!
277.
Post 6462117 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_12.41h):
Again, 700 BTC sell and 500 BTC buy.
Oh yes, somebody mentioned a while ago, that there might be a new super-whale in town. An entity who would like to buy at least 1% of the BTC and is now testing the price sensitivities of the platforms etc. That kind of zig-zag from obviously the same account could be explained by such testing.
Forgive my ignorance, but what does this "testing" accomplish for him/her/them?
I can see trying to cause panic selling by the masses could bring the price down a bit. But the price is pretty "good" right now compared to what it was. Couldn't they just buy systematically over all the exchanges without causing a panic run? Or even buy some off the exchanges?
278.
Post 6464459 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_12.41h):
something is happening, this market buy/sell volumes are not normal
Price instability is the sign of a trend change in price.
I guess that is a good sign. Hopefully the trend change is in the right direction though.
279.
Post 6483067 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_12.41h):
Well that pump was over quick.
Yesterday Rpietila mentioned that there may be a large "entity" or whale that was testing the market. Perhaps this is what the pumping and dumping is all about? Rumors are that this entity wants to purchase 1% of the Bitcoin market!
I hope the "testing" ends quickly and the buying begins promptly.
280.
Post 6484029 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_12.41h):
Well that pump was over quick.
Yesterday Rpietila mentioned that there may be a large "entity" or whale that was testing the market. Perhaps this is what the pumping and dumping is all about? Rumors are that this entity wants to purchase 1% of the Bitcoin market!
I hope the "testing" ends quickly and the buying begins promptly.
Sorry, i don't care about what trolls like him say.
Everything he says is for his own gains. Better is just to ignore it.
Not sure what you mean, hes been calling for a bottom since $400 hit last time for a month... maybe you are thinking he wants to cut hsi losses here... but that doesn't make any sense because I doubt he would sell for cheaper than he bought. You need to critically think about your post to see if it makes sense before flaming someone.
I don't care if he calls a bottom or an ath or whatever. He is a mentally ill troll who is here to play the noobs for his own gains. I thought this was common knowledge.
I owe Risto much gratitude. I honestly think it was his posts that were able to keep me calm last Summer and I held on. (when I was a "newb") His SSS plan is brilliant too.
Now this idea of an "entity" or "whale" he even said was rumored so we should take it with a grain of salt. But it does appear that someone is manipulating the market a bit, especially on Stamp with dumps followed by buys. Since I am not a whale it is hard for me to understand all that this accomplishes for them but I guess they can gauge the level of panic and perhaps buy accordingly.
281.
Post 6484269 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_12.41h):
@BitChick...what's Risto's SSS plan?
It feels like we've been under 500 for an age but its only seven days...
https://bitcointalk.org/index.php?topic=345065.0
282.
Post 6495000 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_12.42h):
We're reaching game!
CCMF?
We will know when CCMF is no longer followed by "?" but by "!!!"
283.
Post 6495106 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_12.42h):
nice pump in the west, huobi sleeps..
what did i miss??
Are we finally ignoring China!? That is the best news ever!!!
284.
Post 6513649 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_12.42h):
such OPTIMISM
much HOPE
good stuff
But no euphoria yet. I guess we have to wait for that still.
285.
Post 6531654 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_12.42h):
I know, .... worst case scenario $350/BTC at the end of year ? (and $2,000 in 2016 :-) )
Best case scenario? $2,000 in June? $350,000 in 2016?
It is always good to see the positive in things.
286.
Post 6567594 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_12.43h):
I'm sorry, but if there is anyone on here that does not see the blatant similarities to the market's sell off behavior now vs. the days leading up to the Gox closure, then you deserve not to make any money.
In the days preceding Gox closing, everyone was in denial (including myself). The market just slowly melted down, with an uptick as rumors became darker and darker. Then finally the news hit and the market gave up.
The EXACT same thing is happening now. The writing is on the wall and only those in denial are buying now. Even shorts are stupid to cover as we are gaining downward momentum. Its t-minus 96 hours and the news of a major shutdown could happen at anytime virtually.
If you don't want to short (which is fine with me - less covering later) then you should not buy under any circumstances. Let this ride.
man...if only people listened to this crap..and no offense to you but its pretty crap...as the gox and china situation hold almost no fundamental similarities...
your statements read to me as don't buy cause I think we're crashing at least 100 $ or more dollars by x date... also I'm shorting, join me in this process and profit... or don't but don't buy.
Mind you I don't doubt we shall dip.. but I hope the people you're telling not to buy already bought at 33x.xx
This is the problem I have with being a bear. It's one thing to be a fucking delusional bull and cause people to buy in when the price is too high (as I'm sure I contributed to). But Idk, it just feels weird saying that the price is going to drop. I feel like more people will lose out by not buying bitcoin when it's low (or ever) than would lose out by buying bitcoin at an ATH. As I believe, for at least the next few years, that these people will come out ahead if they just hold on.
Maybe I still have some delusional bull left in me. I guess we'll see if the market can break it...
I doubt it.
For those of us that see the "big picture" of what Bitcoin can be, it has never been bad advice to buy and to buy as much as possible. Sure it is better to take advantage of the lower prices when possible, but I really don't think it is delusional.
What can I say, I am a long term bull on here.
I think it is great that with the latest China news the price is not moving too drastically. This is bullish in my mind. It will just be a matter of time now, perhaps a week or two, before people realize that the bottom is reached and start buying back in and the price will go up. How high is the question.
287.
Post 6581583 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_12.43h):
The market has continued to be pretty flat over the past days. Really starting to feel like the calm before the storm
I was wondering, do we always have a "calm before the storm?" I seem to remember right before the last run we had a big sell off because of the Silk Road closure but it was not really calm. Feedback from the veterans would be appreciated on this.
288.
Post 6581953 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_12.43h):
In the last few months many, many calms before storms have been called. The end result so far has either been sideways boredom or a bit of a fall.
Maybe the last few months have all been the "calm before the storm."
It will be a giant storm then! The bigger the better with Bitcoin!
289.
Post 6581982 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_12.43h):
The market has continued to be pretty flat over the past days. Really starting to feel like the calm before the storm
I was wondering, do we always have a "calm before the storm?" I seem to remember right before the last run we had a big sell off because of the Silk Road closure but it was not really calm. Feedback from the veterans would be appreciated on this.
You're more of veteran than me. I would just add that patience is all a hodler needs.
One year in Bitcoin and I am now a veteran? That was fast.
It seems that the price likes to stabilize a bit. We were all whining and complaining and posting "Tired of $140" last Summer. It really seemed to like that price for a long time. Then there was the Silk Road closure, a flash crash to $90 or so then the price began to move steadily upwards to $200 then it went ballistic. Perhaps the drop to $350 was the final capitulation and now we were back to the calm. I don't really know but the charts are looking good.
290.
Post 6596110 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_12.43h):
Isn't it 1h am in china ? They don't sleep ?
usually things append around 8h am chinese time no ?
We are ignoring China now. They can join us or get left behind.
291.
Post 6596317 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_12.43h):
Isn't it 1h am in china ? They don't sleep ?
usually things append around 8h am chinese time no ?
We are ignoring China now. They can join us or get left behind.
I don't think so. High volume on all the exchanges.
yes, now, but when I look the charts, it seems that the last big dump moove were in the morning around 6-8h am chinese time...And usually quite at this evening time...
May the gravity law be the stronger,
I want to buy some coins at good price before I die !
It could very well be a "good price" right now.
292.
Post 6602033 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_12.43h):
everybody ready for a bloodbath?
When everyone that has been just waiting on the sidelines because they think the price will drop further but are shocked at how fast the price is rising and they haven't bought back in yet, then they panic buy and the price goes beyond the last ATH? Then yes!
293.
Post 6658812 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_12.44h):
So any ideas what this "Big thing" and "#ToTheMoon" tweet by Bitpay is all about?
https://twitter.com/BitPay/status/465206481474686976
294.
Post 6660312 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_12.44h):
Any bets on the bottom for the weekend? I am hoping for 400 at least.
The dearth of sellers is palpable.
Same goes for volume. Does not mean much.
The downtrend has been in force due to sellers overriding buyers. If the volume dries up, it is because the sellers are exhausted. The price is nascent despite the low volume. I would abstain from shorting here.
The trailing 4-week change is positive first time since February. My last call of 435 bottom was off by $14.87 so let's try to call another one here.
Agreed about shorting. But I have sold earlier and now waiting for a better point to buy in for more profit.
Bitpay "to the moon" rumors might be a self-fulfilling prophecy so I would be careful. A "better point" might not happen.
295.
Post 6670959 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_12.44h):
I wish I could have a diversified portfolio of religions to make absolutely sure I wasn't going to hell.
Sorry for taking your joke literally but I can't resist posting a reply.
Some of us feel absolutely sure we are not going to hell. It is a "free gift" if you will. All religions except one teach a way to earn it by good works, deeds etc. But this is futile and an endless journey of never quite being "good enough." But one religion says there is no possible way to earn it because we can't in ourselves and therefore need to ask for help, which requires humility. God says if people "will humble themselves and pray and seek my face and turn from their wicked ways, I will hear from heaven and will forgive their sins."
296.
Post 6711884 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_12.44h):
...Until yesterday he probably thought that the yellow press articles were
true! Shocking.
...
Yeah, the media could be somewhat unreliable at times...
How The Press Sees it:
Teh Reality:
...
Challenge him his ideas, theories, charts, lack of ability to admit mistakes, etc. But I think his mental health, real estate and photo ops are off limits, unless its in good nature.
The d00d brought up that "castle" apropo of nothing, posting a shooped picture just to brag. Not even mentioning it was a shoop.
No one cared about his mental health until he flooded the forum with confessional attention whoring, painstakingly cataloging every detail of his lulzy predicament.
The second picture looks fake, too. A little reality would be nice.
I do agree that Rpietila seems to have a tendency for attention whoring and self-aggrandizing, that likely contributes to the level of wrath that he receives in this thread. Some of his posts are fairly clear and well organized, and other posts are like
? what the fuck is he saying?
Maybe if the BTC price could move a little bit (hopefully in the "right" direction), then some of us will feel less inclined to write about Rpietila, and his latest shenanigans or his seemingly purposeful evading of clarity or responsibility? Then if the price moves in thte "right" direction, Rpietila can come into this thread and tell us, "I told you so?" I certainly would like him to be correct in some of his fantasy land predictions... that way I would be able to invoke some SSS, at least my own variation of such.
Let's face it. Rpietila is just an interesting person. Who else on this board has purchased a castle? He is pretty transparent compared to most of us too so he has unfortunately given people a "target" or personality that they can focus on. When we get bored and Bitcoin isn't doing much then we have to find something interesting to discuss.
297.
Post 6714612 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_12.44h):
has the exponential growth trend broken? Maybe it's seriously time to re-access the future of bitcoin growth.
There is no exponential growth trend line. This is a figment of rpetelia's imagination; part of his religion. This line is just an average of the past using the current state of the chart as in input, and cannot predict the future. It cannot tell whether we are high or low relative to where bitcoin's
actual exponential growth is.
We are exactly where we are supposed to be.
Rpietila mentioned a few weeks ago he thinks that the bubble peak may have moved to August, but Tera you were totally wrong last year too I noticed on another thread and would have laughed at someone predicting the price reaching $1000 in November.
I think the fact we are plateauing at about $440 right now is just showing us the end of the capitulation. I am excited! It should get much more fun in the next several weeks. (It can't be much more boring than now so that is an easy prediction! LOL)
298.
Post 6717526 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_12.44h):
Interesting news today from Ebay's CEO. From a shareholders meeting Q&A session: "Carl Davis, Jr of the Silicon Valley Black Chamber of Commerce asked Donahoe what he thought of Bitcoin in regards to global trade. The CEO called it a new, exciting and emerging technology. "We think Bitcoin will play a very important role in the future. Exactly how that plays out, and how we can best take advantage of it and enable it with PayPal, that's something we're actively considering. It's on our radar screen."
Here is the article:
http://www.ecommercebytes.com/cab/abn/y14/m05/i14/s01
299.
Post 6838441 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_12.45h):
Artificial raising prices, all the same as MtGox.
OMG, I lol'd. Thank you.
I always thought bears were cute, but a little dumb.
300.
Post 6838621 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_12.45h):
euphoria
Hmm. I was thinking we are now in "Thrill."
Euphoria will be when it hits $2000+
301.
Post 6882060 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_12.46h):
When do you guys think the first sell-off will be?
Will it crash from 600-400 then back up? 800-600? 1000-400? Previous ATH?
How do we agree on a previous ATH when the price was different on all the exchanges plus mtgox is gone? There was about a 1-day period at virwox where you could have sold 1btc for 300,000 SLL and sold those for $1320. So did virwox have the highest ATH at $1320? or do we go by bitstamp or mtgox or huobi ATH?
When comparing the "point of maximum financial risk" chart with a standard bubble chart, do we overlap the risk chart twice? Going through all the risk emotions quickly during the first sell off? So we should hit a brief euphoria phase near the top of the first sell off?
I believe we will continue going through these bubble fractals until the public phase reaches final saturation. In the previous bubbles, each time we reach the public phase it doesn't absorb everyone so there is room left over for more bubbles. Bitcoin won't stop making bubbles until we've blown them in everyone's faces.
There are sell-offs all the time. You mean, how far will we get before we see the first major retracement, right?
My guess is ~620.
If I as the "uber Bull" have been quiet today it is because BitchicksHusband informed me just this morning that he had to "sell off"
BTC2 yesterday to pay some bills (partially because of Kings playoff tickets and his monthly payment for his new car ). I said, "Right during a rally!!?" I would have rather left some balance on our credit card and kept the coins! Don't come between a Chick and her coin stash!!!
But that said, some of us are not planning on selling off until much later than $620! If I had my way, I would just wait until $100,000 per coin.
302.
Post 6897340 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_12.46h):
oh look cheap coins
Everything under $1000 is cheap!
303.
Post 6897412 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_12.46h):
once this fool is done we're heading for 600
you ready?
its happening now.
Holders are always ready.
Bring it on!!!
304.
Post 6912957 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_12.46h):
What do you guys think of this ? it was taken from the french forum.
Bullish?
305.
Post 6922826 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_12.46h):
Nice cup and handle forming.
306.
Post 6938348 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_12.47h):
The new week starts in 30 mins time for me. I am calling $1000 by June. eBay will announce paypal and bitcoin integration.
Mark my words.
I so hope you are right.
I was thinking $800 early June, $1000 mid June and then a new ATH by July. We will see but I am hopeful.
307.
Post 6938812 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_12.47h):
We will test 1300 and above soon.
Good grief.
You realize it actually takes money to do this, right? The price doesn't just magically go up like a helium balloon.
So where is the tens of millions of dollars of fiat that is going to take it there? Are you making this type of investment?
Well fact is that we can go up really quick if the market makes a move. It wouldn't take much, because we already were there once
But I need to say, I expect 50-70$ correction if we hit 600$ tomorow. We're moving way to fast and this is not healthy.
Healthy? The fast rise in April and November wasn't very "healthy" either.
308.
Post 6940831 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_12.47h):
Who in the living fuck is dumping right now. LMFAO.
Someone who needs liquidity?
Yes. Maybe someone needs the cash.
We had to sell two coins a couple days ago. I was even pretty sure this was going to happen.
We had bills to pay. I was seriously thinking we should not pay off our credit card (we pay 100% each month so we don't pay any interest) and we seriously would have made more just keeping the coins but oh well. Bills need to be paid I guess.
309.
Post 6940870 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_12.47h):
This is too fucking fast...
What's going on?
The walls getting eatin' alive
I don't care if the fucking roof get's eaten alive
If we go thru 600 steadily we are going too fucking fast
Look, I'm 100% btc but this is just crazy
My dad needs to get his money in though(guy was to stuck up his own ass when price was 430)
edit: i'm not gonna be bitter, gonna enjoy this moment
Grasshopper welcome to bubble land ... where the rides are for adults only
P.S it has not even started yet ... when it goes Log watch it Hit Da MoOn
The only thing faster than a bubble collapse is a bubble rise!
310.
Post 6954126 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_12.47h):
aw man, even more noobs who will use the dreaded 'bits' instead of ubits.
There are worse problems.
311.
Post 6961667 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_12.47h):
I do find it really, really weird how this forum seems to go quiet when it should be still popping and banging when the night is still young in North America. Maybe they all go to bed earlier over there.
It is a holiday. People are with families or out having fun. I am taking a break from the hockey game on TV right now to post online, but most people are just taking the day off today.
312.
Post 6974678 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_12.47h):
I'm glad I had a buy order at 555. I'm using my "rule of thirds" and "superstitious numbers" hypotheses for trading.
Well done! It seems those that are best at playing the "game" are the ones that do so using "math" and not emotions.
We have a more "long term" strategy and are just holding till we hit the prices (according to the SSS Plan) that we have predetermined to be the best selling points to make good gains.
This run will be the first time we have really sold any (with the exception of a few here and there when we have overbought to pay bills).
Go Bitcoin Go!
313.
Post 6974843 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_12.47h):
We need to see this $600 being broken TONIGHT. Lets do this sheebs.
Yes. Tired of the $500's!
314.
Post 6975259 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_12.47h):
We need to see this $600 being broken TONIGHT. Lets do this sheebs.
Yes. Tired of the $500's!
Yes, but the $500s is significantly better than the $400s which we were sitting at for what felt like an eternity (despite not that long in real time)...
Joking of course. We are moving through the 500's pretty fast. Hopefully the 600's, 700's, 800's and 900's are even faster!
It seems to work that way.
315.
Post 6980239 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_12.47h):
QuickCoin is a great way of doing this. You can send 3 times per minute to people who have a FB account but have not even heard of Bitcoin. I will send to all my FB friends..
[/quote]
And Risto now has 1000 FB friends.
316.
Post 7003927 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_12.48h):
bids are doing the tsunami, blast off looks imminent
cant wait to give all my friends 10bits with the new FB app coming out soon.
Like
317.
Post 7015521 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_12.48h):
The news that Dish Network is taking Bitcoin is getting some major press: ABC News, Wall Street Journal, Time, Washington Post.
It is always great to get press like this and tends to cause more people to look into Bitcoin.
318.
Post 7019229 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_12.48h):
Get rid of those coins, made of the hand of the devil, and you might get reliefed! Otherwise you have to watch Andreas M Antonopoulos naked pulling peanuts out of his ass for the rest of eternity. My dad and i are not very pleased with your little experiment!
Name: JesusChrist
Posts: 1
Activity: 0
Position: Brand new
Date Registered: Today at 05:40:59 PM
Last Active: Today at 05:53:43 PM
----------------------------------------------------------------------------
I had to wait like 4 hours before I could post on the main forum
1 post and straight to "ignore!"
Maybe they should go back to at least 4 hours or more?
319.
Post 7019278 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_12.48h):
wow!
Was that a buy or a sell of over 400 on Stamp? My computer was showing it red then it turned green. I am so confused.
320.
Post 7021774 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_12.48h):
What if, let´s say i sold some bags of heroin on SR.2.0, just to make sure that i have enough money to feed my kids and get some fresh brown powder for me, and i would cash that out through Bitstamp. Would i be considered as a criminal? Is it more likely that my funds would get frozen? Or is the risk just as high as for anyone else? I thought drugs are legal in Slovenia? Could Bitstamp still get problems if they helped me selling my "drugmoney"? Until now it worked pretty fine.
I am very confused Jorge. I thought you had said earlier that you're not planning to invest in Bitcoin? And now you're actually asking about presumably illegal activities and drugs. I'm disappointed :/
It's a newbie "JorgeStofli" account. Now we have two of them.
Edit: (perhaps already mentioned) We need to make sure not to get "JorgeStofli" confused with the real "JorgeStolfi"
I guess the "lf" has been switched on the newbie.
321.
Post 7059291 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_12.48h):
Why do people erect these walls?
Perhaps miners need to cash out to pay bills? Not sure.
322.
Post 7061257 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_12.48h):
China wants to rally.
So what are we waiting for!?
323.
Post 7061319 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_12.48h):
Eternity, are you a bot?? <-- I wonder if he's programmed to respond to questions
There seem to be "newbie" accounts that use such plagiarizing bots to beef up their activity counts.
Yes, and I've seen adds for "Senior Member" accounts for sale. Perhaps people run comment-bots and then sell the accounts.
Accounts for sale? Wow. I would have never dreamed. Maybe all my hours on here can be worth something yet.
324.
Post 7061520 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_12.48h):
Eternity, are you a bot?? <-- I wonder if he's programmed to respond to questions
There seem to be "newbie" accounts that use such plagiarizing bots to beef up their activity counts.
Yes, and I've seen adds for "Senior Member" accounts for sale. Perhaps people run comment-bots and then sell the accounts.
Accounts for sale? Wow. I would have never dreamed. Maybe all my hours on here can be worth something yet.
After all the hours I have spent reading this thread, I sincerely hope 'mature' accounts are NOT going cheap. It would be heartbreaking.
They were talking about it in the Meta section one day. IIRC ~0.1BTC is the going rate for Sr. Member.
But I think it is a bad idea to sell an account because they can be used to abuse trust. Remember, for every person who posts here regularly, there's like 50 lurkers or something (I've seen estimates but can't recall exactly). So if a forum member who many readers follow and trust were to sell an account to someone who turned out to be a scammer, it could cause a lot of problems!
What!? 0.1BTC? 100BTC and I would be tempted.
I agree that it is problematic for the community to sell established accounts. Besides, BitChick and BitchicksHusband are team on here. It would feel like a divorce scandal if I sold off my account!
325.
Post 7065356 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_12.49h):
Correction incoming? I'm off to bed, this part is no fun to watch
But what if. . .
Never mind. You probably need sleep anyways. Sweet dreams and hopefully you wake up to the 700's tomorrow.
326.
Post 7090130 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_12.49h):
I need to post some trains images as without them price wont go up ...
Is this about enough trains?
I would like the picture better if they were actually moving.
327.
Post 7099326 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_12.50h):
this feels just a liiiiittle too fast. We need to sit around at 6/700 for a month before I'm comfortable with any more gainz
The "honey badger" of money is not concerned about our comfort.
328.
Post 7119570 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_12.50h):
With this dump it is looking more and more like it did right before the massive run-up in November.
I guess this is a good sign then?
329.
Post 7205728 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_12.51h):
Can someone post the gif where BTC is breaking through $400, $500, $600, $700 ...
there seems to be some big buyers of bitcoin floating around! hmmm peeps asking me where to get 10000 BTC and stuff like that !!!
Hopefully you said they should buy on any of the exchanges at market price.
330.
Post 7214925 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_12.51h):
I hope you are right
that would be great
Too many people here are not patient enough to get rich. Just wait and hodl.
Bitcoin = The Ultimate Get Rich Quick Scheme.
Not that quick and it hard to hodl. Think about it, the people who bought coins for very cheap have some major balls to hold for this long. Many people sold when it went to 100 or even when they made a thousand bucks. When at any point it can go to 0. If you hold in this crazy market, you DESERVE the reward.
I don't have balls but I hodl.
Of course the price of "very cheap" coins is debatable. $650 might be "very cheap" a year from now!
331.
Post 7235380 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_12.51h):
Bitcoin is disappointing us negatively this week.
The poll still seems rather bullish!
That's the problem, everybody is already loaded and have no spare FIAT to buy more.
Actually I do have some spare, but I have spread them out from 450 - 550.
Always helps to keep a bit of fiat for the sharp drops.
As time passes, a large majority of people continue to acquire additional fiat, and then the question becomes how that person wishes to store the value of that fiat b/c the opportunity to buy BTC between $450 and $550 has passed and currently is NOT available.
Accordingly, do we consider $650 to be a good value to store fiat in BTC, or do we believe storing fiat in some other investment vehicle or leaving it in fiat would be preferable?
Each of us needs to decide for ourselves what is the best storage of that newly acquired fiat.
Personally in the past several months, I have been putting my newly acquired fiat into BTC b/c currently, I consider BTC prices to be a good value as compared with other ways that I could store/invest that newly acquired fiat. Keeping it in fiat does NOT seem to be a very prudent approach in my current thinking.
I am happy as long as I have more BTCs than to begin with. The remaining fiat is a bonus, if it drops I get more BTC, if it does not I have some fiat to burn.
I think many of the longer-term holders may be fully invested in BTC with little fiat to throw in at this point. However, most newbies begin with Bitcoin by just "getting their feet wet" so to speak. They throw a little in thinking it is too risky to put more in. When they see the price double in a short period of time they realize they should have thrown in much more and then suddenly they throw caution to the wind and buy as much as they possibly can which fuels the fire and that is how we get our runs to new ATH.
So my advice to any "newbie" reading this is learn from this. Waiting to buy with Bitcoin is generally a bad idea, especially as the price is showing movement upwards. Just my two cents here.
332.
Post 7280919 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_12.52h):
If we rebound now it's like SR all over again.
It worked well then. Maybe it takes something like this to get a good rally started!!!
333.
Post 7311918 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_12.53h):
the spring is loaded, extreme bitonic energy building, get on the rocket ship, get on now!
Right!? Looking at Bitcoinwisdom this is looking eerily similar to September 29th, 2013. I would almost say this drop is crazy bullish based on the way bubble cycles work. This little dip, test, or whatever you want to call it, is just what we need to spring the launch to the moon.
334.
Post 7313354 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_12.53h):
the spring is loaded, extreme bitonic energy building, get on the rocket ship, get on now!
Right!? Looking at Bitcoinwisdom this is looking eerily similar to September 29th, 2013. I would almost say this drop is crazy bullish based on the way bubble cycles work. This little dip, test, or whatever you want to call it, is just what we need to spring the launch to the moon.
Speaking of "springs" here is a classic short Mystery Science Theater video we can all watch while we are waiting for the price to spring back:
http://www.youtube.com/watch?v=t2Hym_r409g
335.
Post 7534996 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_12.55h):
Things looking increasingly bullish
I think I can feel it coming!!
Gonna enjoy the next few months
This is what I thought a month ago. I think I am always a little too optimistic so perhaps the time is now!?
I sure hope so. I need the funds for a mission trip I am taking to India. I was really hoping the price would be up to $1000 by now, or early in July.
336.
Post 7540057 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_12.55h):
Going to $1000 by July 4th. Or Now
I believe. A friend of mine, whom I told many months ago about BTC, said she was praying and God told her, and it appears with a feeling of urgancy, to invest in Bitcoin.
Now that is bullish news!
337.
Post 7540907 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_12.55h):
Going to $1000 by July 4th. Or Now
I believe. A friend of mine, whom I told many months ago about BTC, said she was praying and God told her, and it appears with a feeling of urgancy, to invest in Bitcoin.
Now that is bullish news!
Is that for real?
Also it would be nice to see 800 by end of June but not real at all.
Yes. My friend called this morning. I trust her too based on other things God has spoken to her. It was weird that it was today, the day before the silk road coins are being auctioned. She knew nothing about that. I had to walk her through the entire process because she did not even know where to buy coins. I did caution her she might be in for a bumpy ride. Bitcoin is not an ivestment for those that like a slow and steady ride.
338.
Post 7540964 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_12.55h):
Going to $1000 by July 4th. Or Now
I believe. A friend of mine, whom I told many months ago about BTC, said she was praying and God told her, and it appears with a feeling of urgancy, to invest in Bitcoin.
Now that is bullish news!
Is that for real?
Also it would be nice to see 800 by end of June but not real at all.
Yes. My friend called this morning. I trust her too based on other things God has spoken to her. It was weird that it was today, the day before the silk road coins are being auctioned. She knew nothing about that. I had to walk her through the entire process because she did not even know where to buy coins. I did caution her she might be in for a bumpy ride. Bitcoin is not an ivestment for those that like a slow and steady ride.
I'm not sure god knows where bitcoin is going.
Ha Ha
Or He is just trying to teach us a lesson in having more patience!!!
339.
Post 7541049 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_12.55h):
A friend of mine, whom I told many months ago about BTC, said she was praying and God told her, and it appears with a feeling of urgancy, to invest in Bitcoin.
Now that is bullish news!
Perhaps God intends to teach your friend a lesson about greed.
A lesson most of us could benefit from no doubt
But this friend is not greedy at all and an all around amazing person so I doubt that in her case at least.
340.
Post 7541077 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_12.55h):
A friend of mine, whom I told many months ago about BTC, said she was praying and God told her, and it appears with a feeling of urgancy, to invest in Bitcoin.
Now that is bullish news!
Perhaps God intends to teach your friend a lesson about greed.
Perhaps it was really Satan.
Discernment is an important gift. But I get your point.
341.
Post 7541324 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_12.55h):
Going to $1000 by July 4th. Or Now
I believe. A friend of mine, whom I told many months ago about BTC, said she was praying and God told her, and it appears with a feeling of urgancy, to invest in Bitcoin.
Now that is bullish news!
Is that for real?
Also it would be nice to see 800 by end of June but not real at all.
Yes. My friend called this morning. I trust her too based on other things God has spoken to her. It was weird that it was today, the day before the silk road coins are being auctioned. She knew nothing about that. I had to walk her through the entire process because she did not even know where to buy coins. I did caution her she might be in for a bumpy ride. Bitcoin is not an ivestment for those that like a slow and steady ride.
This is getting unreal this spiritual premonition stuff. I am all for positive attitude and hoping for price increases - next someone is going to suggest that their astrologist recommended bitcoin...
And that might be the best advice anyone using astrology has ever given!
342.
Post 7541472 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_12.55h):
Going to $1000 by July 4th. Or Now
I believe. A friend of mine, whom I told many months ago about BTC, said she was praying and God told her, and it appears with a feeling of urgancy, to invest in Bitcoin.
Now that is bullish news!
Is that for real?
Also it would be nice to see 800 by end of June but not real at all.
Yes. My friend called this morning. I trust her too based on other things God has spoken to her. It was weird that it was today, the day before the silk road coins are being auctioned. She knew nothing about that. I had to walk her through the entire process because she did not even know where to buy coins. I did caution her she might be in for a bumpy ride. Bitcoin is not an ivestment for those that like a slow and steady ride.
This is getting unreal this spiritual premonition stuff. I am all for positive attitude and hoping for price increases - next someone is going to suggest that their astrologist recommended bitcoin...
And that might be the best advice anyone using astrology has ever given!
Ok... fine.. at least it is a real story about a real experience that you had. I have NO doubt that you are NOT pulling our leg about something that actually happened to you.
Totally true. If you read through my posts you can see I am not shy about my belief in God. Which hasn't won me much popularity on this forum BTW.
This friend I am talking about has been a major spiritual "mentor" in my life so I respect her greatly. But I tried to explain all the risks before she bought. I guess that shows a little lack of faith on my part? I think I just want her to have realistic expectations though.
343.
Post 7650543 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_12.57h):
cost / value ratio Plummets yet again!
I'm just going to repeat myself, this is not sustainable, >800$ next week GUARANTEED
It's getting ridiculous how much good news and how un-stoppable bitcoin is becoming. Next serious surge could send us to hundreds of billions marketcap.
So what is keeping the train at the station this long? Or are those of us that have been through a "bubble" or two just getting a bit impatient this time around? I guess we were stuck at about $120 and $140 for a while last Summer.
344.
Post 7650655 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_12.57h):
To the veterans here, does this pre-bubble FEEL different than the previous pre-bubbles (under the assumption that a bubble is nigh)?
Not that I am as much of a veteran as some, I remember last Summer getting very bored with the price. It was pretty much doing what it has been doing now. But it really started to gain some momentum. When the price was at $200 I was fairly certain we were on the brink of the next bubble and we were. I even thought we would never see $200 again. That feeling was correct.
I guess the price will have to start moving upwards in the next week or so, probably up to $800 before that same feeling will set in. Then it will be crazy.
345.
Post 7707832 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_12.57h):
And while the tumbleweed was rolling past, we so very nearly saw the $10,000 bitcoin, albeit only in one wee corner of the internet and presumably because someone was drunk, misinformed or pushed the wrong button.
It wasn't such a long wait after all.
That´s sick. A premonition of what´s is going to happen.
So do we just need more "drunk, misinformed" people who accidentally push the wrong button to get to $10,000? That should be easy enough.
Buy!!!
346.
Post 7712402 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_12.57h):
So BitchicksHusband was in Vegas this weekend (went to the UFC fight with his brother) and his 70 year old aunt (who lives in Vegas and he stayed at her house) asked to buy several thousand in Bitcoin! Then he took her to lunch today at The D and used the Bitcoin ATM there. Strange things are happening I must say.
347.
Post 7758543 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_12.58h):
I'm pretty sure we're going down again within a day or two max. I wish it weren't so, but the market sentiment seems to be dropping again and I'm getting strong vibes here.
Hmmm. It seems when things get this "tight" with little movement we are about to push up again so I would disagree. I think another day or two at most before we break out upwards.
348.
Post 7759149 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_12.58h):
What if Circle, Winklevoss, Barry Silbert's exchange, Atlas, Pantera, Index, Xapo, Buttercoin, itBit all launch at once? Will we see a tsunami bubble?
Wasn't there a so called "super bubble" in 2012? It could happen again.
What would the price get to this time $100,000?
We can only dream!
349.
Post 7759163 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_12.58h):
I get that but why would it suddenly rise? I can see it happen slowly over time but why is there this idea that sometime soon we'll see an explosion? I don't see a reason for it.
Smooth growth is rational, bubble growth is irrational. People tend to be irrational in the face of fear so
we're waiting for a fear-generating event perhaps.
Another for of fear is fear to miss the train, aka greed. So some really good news would do as well.
I think the "fear of missing the train" comes when the price starts to move quickly upwards, hence the reason for the bubbles. All we need is a little push to get it going I believe.
350.
Post 7788357 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_12.58h):
sorry to hear that somebody stole from you that amount.
That is alot of coins! I hope you can get them back!
351.
Post 7792291 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_12.58h):
I am not getting excited until we are back at $680
BitchicksHusband just said this morning, "Let me know when we are past $700."
I tend to get a little too excited with every little jump, but it would be great to be out of the 600s!!!
352.
Post 7797441 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_12.58h):
A lot of nice sentiment around today. And one big 2k buy is what we get on stamp to show for it?
ATH please. August/September shouldn't disappoint.
End of this year I can haz house plz.
Whats a house worth in your world?
I am sure it just depends on the house, no matter what "world" he is in.
353.
Post 7798132 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_12.58h):
While the 635 gets slowly eaten away, methinks: is this rise connected to Grooveshark news?
Maybe the Global Advisors Bitcoin Investment Fund (GABI)? Rumors are that they are planning on opening August 1st and plan on starting with $200M invested during the first 6 months.
http://www.coindesk.com/first-regulated-bitcoin-investment-fund-launch-island-jersey/
354.
Post 7847580 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_12.58h):
I for one really don't want to see the 500s again. Let's just stay above 600 for heavens sake
Seriously!
Agreed.
If someone had told me back at the end of Nov 2013 that we'd still be ~$600 in July of 2014, I'd have told them they were nuts. <sigh>
But if someone had told us in July of last year we would be stuck around $600 for most of 2014 we would have been really excited to hear that then!
Hopefully we are "stuck" at $6000 or so for the beginning of 2015.
355.
Post 7847757 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_12.58h):
poeple suck balls
i told everyone it was going to the mooooooooon
no one listened.
everyone wishes they had.
I tell them "buy now!" "it only cost more because its worth more" "we are still in early stages, try to look a few years out, imagine the possibilities!" "come on what wrong with you!?"
but noooo, "gata pay the bills" "since i have less than half a brain I have no need for bitcoin" "maybe next year i'll have some money for that" "lets group buy 100x 649 tickets how can we lose!?"
I have bills to pay too but I have been working like crazy listing actual old US Coins on ebay so I don't have to sell any of the "coins" I would much rather keep.
Whatever we have to do to keep them right!?
356.
Post 7859720 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_12.59h):
The link was posted on bloomberg two weeks ago...
ya but why is winki only tweeting it now?
It is their nice and subtle way of saying, CHOO CHOO!!!! BUY NOW!!!!
357.
Post 7860101 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_12.59h):
I guess it depends on what you mean by just around the corner. From what I've read and watched, there's still a chance it will never happen. And if it does, it
might be Q4 of this year. But we can always hope for sooner.
From what I have heard the fact that they have have a "ticker" and are updating their prospectus everything is looking really good for launching: From Bloomberg: "there were several very specific changes added to the risk section of the prospectus. That's worth noting, since plenty of ETFs are filed with the SEC but don't get updated (or reserve tickers)." See for more info:
http://www.bloomberg.com/news/2014-07-10/bitcoin-by-bitcoin-the-winklevii-etf-inches-closer-to-reality.html
358.
Post 7863457 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_12.59h):
End of the line. Time for another breakout.
I have my tickets. I am ready to go.
359.
Post 7888025 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_12.59h):
I have this eerie feeling we are on the verge of a breakout.
I could be wrong. I am a total uber-bull so perhaps a little too optimistic, but I wouldn't be surprised if things get really interesting soon here.
360.
Post 7909284 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_12.59h):
Whats the call for today boys and girls. We looking green or red on the day??? Who's up for some day trading.
This girl says we are going up. I always think we are going up though. No trading just holding.
361.
Post 7913359 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_12.59h):
Dell accepting Bitcoin is bad sign for the short term price, simply with the adoption rate slowing down big purchases will exhaust and stress up the price, although if adoption will catch up then it is a good sign for the long term.
If everyone just replenished their Bitcoin stash when they purchased things it would be a positive thing. At least the news brings more validity to BTC though.
362.
Post 7917134 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_12.59h):
By the way... it is time to roll out the Ron Paul meme... because it is happening (or at least starting to).
Let's just wait until we at least pass $650 or even $700. Then I might start getting a little excited.
363.
Post 7918004 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_12.59h):
Who let the dumptard out?
Who let the dumptard out (woof, woof, woof, woof) x4
When the party was nice, the exchange rate was jumpin' (Hey, Yippie, Yi, Yo)
And everybody havin' a ball (Hah, ho, Yippie Yi Yo)
I tell the fellas "Choo Choo Motherf*cker'" (Yippie Yi Yo)
And the dumptards report to the call
The exchange rate went down
Who let the dumptard out (woof, woof, woof, woof) x4
I see the train coming, don't want to miss it
I really need to buy now
Pull my sell wall, put my bid wall
Praying that the dumptard doesn't return.
I'm gonna tell myself "hey man, no get angry (Hey, Yippie, Yi, Yo)
at all the duptards getting profits" (Yippie, Yi, Yo)
They tell me "Hey Man, It's part of the Party!" (Yippie Yi, Yo)
You catch a buy in front and a sell in behind (Yippie, Yi, Yo)
I hear a trader shout out
Who let the dumptard out (woof, woof, woof, woof) x4
A dumptard is nuttin' if he don't do a trade. All dumptards do some trades, all dumptards do it (x2)
Who let the dumptard out (woof, woof, woof, woof) x4
I see the train coming, don't want to miss it
I really need to buy now
Pull my sell wall, put my bid wall
Praying that the dumptard doesn't return.
Wait for all the buys, the party is on
I gotta set my targets I got my mind on
Do you see the sells comin' on the book
I'm buying it all and tearing all the walls down!
Me I never do shorts
And I can't see it coming, I just HODL
I'm figurin' that's why they call me a bull
'Cause I'm a man with a plan
When they see me they doooooo (howl)
Who let the dogs out (woof, woof, woof, woof) x4
*****
This took way longer than I anticipated, but it was fun.
Just read the lyrics while listening to the song
https://www.youtube.com/watch?v=Qkuu0Lwb5EMtips are welcome
Nice. It was better than Weird Al's new songs!
364.
Post 7923246 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_12.59h):
large institutional hands will have a way to start investing next month.
What did I miss?
August 1st GABI (Global Advisors Investment Fund) is schedule to open.
http://www.coindesk.com/first-regulated-bitcoin-investment-fund-launch-island-jersey/
365.
Post 7923472 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_12.59h):
What happens on the 24th?
It is supposed to be the date that, according to some charts, we reach a new ATH. However, we are behind schedule it appears.
366.
Post 7980270 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.00h):
Since when Wall Observer thread became Politics & Society?
Fuck the wild capitalism.
I have offered in the past to add religion to the topics discussed on here but everyone seemed untied against that!
Jesus is awesome!
367.
Post 7980451 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.00h):
I have offered in the past to add religion to the topics discussed on here but everyone seemed untied against that!
Jesus is awesome!Dyslexics of the world, untie!
Best use of "awesome" in a sentence during this millenium.P.S. I put the "sexy" in dyslexia.
P.P.S. I am completely out of tasteless dyslexia jokes.
lol
Ok. United. Still trying to avoid talking about religion?
368.
Post 7980546 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.00h):
Since when Wall Observer thread became Politics & Society?
Fuck the wild capitalism.
I have offered in the past to add religion to the topics discussed on here but everyone seemed untied against that!
Jesus is awesome!I think the last thing this thread needs is more religious nutters like you.
As I expected, you are getting "untied" by my comment.
Being persecuted must mean I am doing something right
369.
Post 7980620 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.00h):
it will be very hard to invest a significant fortune in bitcoins without the government knowing it.
but it is amazingly easy to invest an insignificant fortune in bitcoins, and subsequently spend a significant one.
So true. This is what fuels the bubbles. People throw a little in for "fun" then when the price rises as quickly as it does (or can) they are shocked at how much their "little fortune" has grown. Of course governments will what their piece of it but if governments make some money off the investments they will be happy to let people use it.
370.
Post 7980651 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.00h):
Jeez, you're still discussing same old stuff with Trolfie.
I tried to change the topic to religion.
371.
Post 7981352 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.00h):
well said
Bitchick is respectful, hurts me to see people shaming her for her beliefs.
I was asking for it this time. Hey, people were just complaining about too much politics on here. I figured there are other things to discuss.
372.
Post 7986516 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.00h):
That would be nice. But that's not the way of the world or life on it. Life's not fair and not everyone gets what they deserve.
I'm sorry if you think that life hasn't been fair to you. I see the world in a different spiritual perspective, where our karma reaches beyond our present lives.
Here's your opening, BitChick. Finally, someone, if you count Pumpkinhead as someone, wants to talk about religion.
I guess I fell asleep too early.
Here is a verse for you all: Ecclesiastes 7:16
Do not be over righteous, neither be over wise-- why destroy yourself? That is something to ponder. I really like that verse. Especially because I grew up in a somewhat legalistic environment and realized early on that perfection is impossible to attain.
Basically, most religions are about karma or doing good to earn something. Fortunately, following Christ is not about that. It is about realizing we can never be righteous on our own and letting Him change us from the inside out.
I will stop now though.
373.
Post 7986961 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.00h):
That would be nice. But that's not the way of the world or life on it. Life's not fair and not everyone gets what they deserve.
I'm sorry if you think that life hasn't been fair to you. I see the world in a different spiritual perspective, where our karma reaches beyond our present lives.
Here's your opening, BitChick. Finally, someone, if you count Pumpkinhead as someone, wants to talk about religion.
I guess I fell asleep too early.
Here is a verse for you all: Ecclesiastes 7:16
Do not be over righteous, neither be over wise-- why destroy yourself? That is something to ponder. I really like that verse. Especially because I grew up in a somewhat legalistic environment and realized early on that perfection is impossible to attain.
Basically, most religions are about karma or doing good to earn something. Fortunately, following Christ is not about that. It is about realizing we can never be righteous on our own and letting Him change us from the inside out.
I will stop now though.
A wise man once said "all that pizza is cold"
(please tell me someone gets that)
It's not all that glitters is gold.
Not that I listen to Bob Marley much though. . .
374.
Post 7987234 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.00h):
That would be nice. But that's not the way of the world or life on it. Life's not fair and not everyone gets what they deserve.
I'm sorry if you think that life hasn't been fair to you. I see the world in a different spiritual perspective, where our karma reaches beyond our present lives.
Here's your opening, BitChick. Finally, someone, if you count Pumpkinhead as someone, wants to talk about religion.
I guess I fell asleep too early.
Here is a verse for you all: Ecclesiastes 7:16
Do not be over righteous, neither be over wise-- why destroy yourself? That is something to ponder. I really like that verse. Especially because I grew up in a somewhat legalistic environment and realized early on that perfection is impossible to attain.
Basically, most religions are about karma or doing good to earn something. Fortunately, following Christ is not about that. It is about realizing we can never be righteous on our own and letting Him change us from the inside out.
I will stop now though.
A wise man once said "all that pizza is cold"
(please tell me someone gets that)
It's not all that glitters is gold.
Not that I listen to Bob Marley much though. . .
Maybe you should --- more spirit in his words than in any religion on the face of this green and blue home of ours. imho
There might be "more spirits" but are they the spirit of truth or lies? That takes discernment. Not everything that sounds "good" or seems "good" is. So I agree with Bob Marley's lyrics at some level (the lyric
It's not all that glitters is gold has much truth in it). All religions and beliefs have truth woven into them, otherwise no one would follow them. The question then is what the real truth really is.
375.
Post 7987411 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.00h):
I am not talking religion- my mistake I was not preaching.
Good luck and much love to you all- not my bag thanks.
Peace.
Thanks for indulging me in discussion for a few seconds.
376.
Post 7991190 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.00h):
It's more in fun than anything but I won't deny I'm hoping it's true
it might be happening now actually.
The 24th was supposed to be the new ATH (NOT the start of progression towards the new ATH). Accordingly, short of some kind of miracle, we are NOT going to see a new ATH on the 24th... In my humble bumble opinion, it seems nearly impossible to get from here ($622) to a new ATH ($1,200 +) in less than 48 hours.
It could happen.
The next 48 hours would have to get pretty crazy.
Some have speculated that we will be delayed because of the Mt. Gox fiasco, silk road auction, to name a couple things. August or September might be the new timeline for an ATH.
377.
Post 8002988 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.00h):
That would be nice. But that's not the way of the world or life on it. Life's not fair and not everyone gets what they deserve.
I'm sorry if you think that life hasn't been fair to you. I see the world in a different spiritual perspective, where our karma reaches beyond our present lives.
Here's your opening, BitChick. Finally, someone, if you count Pumpkinhead as someone, wants to talk about religion.
I guess I fell asleep too early.
Here is a verse for you all: Ecclesiastes 7:16
Do not be over righteous, neither be over wise-- why destroy yourself? That is something to ponder. I really like that verse. Especially because I grew up in a somewhat legalistic environment and realized early on that perfection is impossible to attain.
Basically, most religions are about karma or doing good to earn something. Fortunately, following Christ is not about that. It is about realizing we can never be righteous on our own and letting Him change us from the inside out.
I will stop now though.
This really saddens me because I thought you were a balanced and open minded individual. Unfortunately, even if you don't belong in the same class of idiots like igorr, mah87 and co., I will have to put you on ignore. There are VERY few things worse in this world than overzealous religious cultists.
Balaced haha. She and her husband are complete wackos.
. "Wackos"
You may not agree with them but they have not said anything that puts them in that category.
he thinks they're wackos for investing heavily in Bitcoin. If that makes them wackos many of us are in the same category.
I thought my comment (and even use of scripture) showed I was a bit "balanced" but never mind. I know I am "wacko" to some. Hey, just investing in Bitcoin makes us "wacko" to many people for sure!
378.
Post 8004829 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.00h):
That would be nice. But that's not the way of the world or life on it. Life's not fair and not everyone gets what they deserve.
I'm sorry if you think that life hasn't been fair to you. I see the world in a different spiritual perspective, where our karma reaches beyond our present lives.
Here's your opening, BitChick. Finally, someone, if you count Pumpkinhead as someone, wants to talk about religion.
I guess I fell asleep too early.
Here is a verse for you all: Ecclesiastes 7:16
Do not be over righteous, neither be over wise-- why destroy yourself? That is something to ponder. I really like that verse. Especially because I grew up in a somewhat legalistic environment and realized early on that perfection is impossible to attain.
Basically, most religions are about karma or doing good to earn something. Fortunately, following Christ is not about that. It is about realizing we can never be righteous on our own and letting Him change us from the inside out.
I will stop now though.
This really saddens me because I thought you were a balanced and open minded individual. Unfortunately, even if you don't belong in the same class of idiots like igorr, mah87 and co., I will have to put you on ignore. There are VERY few things worse in this world than overzealous religious cultists.
Balaced haha. She and her husband are complete wackos.
. "Wackos"
You may not agree with them but they have not said anything that puts them in that category.
I take it you are religious as well?
yeah man, I am a " Jesus Freak", but I think even though I am a Christian you would probably find me otherwise normal. Lol
Jesus Freaks Unite!
BitchicksHusband might even chime in but he is speaking at a Christian youth camp this week.
379.
Post 8004938 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.00h):
BitchicksHusband might even chime in but he is speaking at a Christian youth camp this week.
We live in a world where people can openly brag about child abuse with no expectation of being called out on it.
Is it abuse to tell kids that they have great value regardless of what others say? The main message of the camp was how to love yourself, love others and love God. That is abuse somehow? But you would probably be totally fine with a bunch of kids smoking something.
380.
Post 8005064 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.00h):
BitchicksHusband might even chime in but he is speaking at a Christian youth camp this week.
We live in a world where people can openly brag about child abuse with no expectation of being called out on it.
Is it abuse to tell kids that they have great value regardless of what others say? The main message of the camp was how to love yourself, love others and love God. That is abuse somehow? But you would probably be totally fine with a bunch of kids smoking something.
so Christians doesn't smoke things ?
We try to stay away from illegal drug use. That was the point I was subtly trying to make there. But, hey, God loves us all just as we are so I would never make a blanket statement that Christians don't smoke as I am sure some do. I am sure many even struggle with drug use as we all struggle with something.
381.
Post 8005353 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.00h):
BitchicksHusband might even chime in but he is speaking at a Christian youth camp this week.
We live in a world where people can openly brag about child abuse with no expectation of being called out on it.
Nice to see her bat shit crazy husband is poisoning the mind of children so they can become bat shit crazy like him.
Religion and children. Such a good combination.
OK. So what have you done lately to encourage the younger generation to love themselves and love others and to make a positive difference in the world?
382.
Post 8005491 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.00h):
BitchicksHusband might even chime in but he is speaking at a Christian youth camp this week.
We live in a world where people can openly brag about child abuse with no expectation of being called out on it.
Nice to see her bat shit crazy husband is poisoning the mind of children so they can become bat shit crazy like him.
Religion and children. Such a good combination.
OK. So what have you done lately to encourage the younger generation to love themselves and love others and to make a positive difference in the world?
showing them this
And what makes you think that God is even slightly OK with all of that!? Of course He isn't but I know someone who totally is: the same "father of lies" that tries to steal, kill and destroy us all. We all have choices to make each day. It doesn't matter if you are high up "priest" or "religious" leader. We choose to love others or not to. The only real religion God cares about is the one that loves others and does what is right. All of the abusers, that don't repent, will suffer the most!
383.
Post 8005566 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.00h):
BitchicksHusband might even chime in but he is speaking at a Christian youth camp this week.
We live in a world where people can openly brag about child abuse with no expectation of being called out on it.
Nice to see her bat shit crazy husband is poisoning the mind of children so they can become bat shit crazy like him.
Religion and children. Such a good combination.
OK. So what have you done lately to encourage the younger generation to love themselves and love others and to make a positive difference in the world?
showing them this
http://i.imgur.com/fAgiHbn.pngAnd what makes you think that God is even slightly OK with all of that!? Of course He isn't but I know someone who totally is: the same "father of lies" that tries to steal, kill and destroy us all. We all have choices to make each day. It doesn't matter if you are high up "priest" or "religious" leader. We choose to love others or not too. The only real religion God cares about is the one that loves others and does what is right. All of the abusers, that don't repent, will suffer the most!
When you next consult and swap notes with the big man, could you ask him to hurry this next parabolic move up in BTC? that would be great... there are a few other things I could do with help with, and seeing as you have a direct line I thought I would cc you in on my list... "hung over" being top of the list...thanks.
He is trying to teach me more patience I believe.
Hey, why don't you say a prayer? Maybe He is just waiting for someone besides me to say one.
384.
Post 8005653 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.00h):
BitchicksHusband might even chime in but he is speaking at a Christian youth camp this week.
We live in a world where people can openly brag about child abuse with no expectation of being called out on it.
Nice to see her bat shit crazy husband is poisoning the mind of children so they can become bat shit crazy like him.
Religion and children. Such a good combination.
OK. So what have you done lately to encourage the younger generation to love themselves and love others and to make a positive difference in the world?
showing them this
http://i.imgur.com/fAgiHbn.pngAnd what makes you think that God is even slightly OK with all of that!? Of course He isn't but I know someone who totally is: the same "father of lies" that tries to steal, kill and destroy us all. We all have choices to make each day. It doesn't matter if you are high up "priest" or "religious" leader. We choose to love others or not too. The only real religion God cares about is the one that loves others and does what is right. All of the abusers, that don't repent, will suffer the most!
the difference between you and most of us here is that we also have morals and values, but you give the credit to your religion and we give credit to humanity, you use what a book says and we use logic and common sense.....
I am sure that there are many people on here with great morals and values and many are doing some amazing things and are in general "good" people. I called out Shroomskit, perhaps out of being a bit slighted so I am not sure if my motives are 100% pure, but it seems that He is on the attack for some reason. But that said, none of us are completely "good." I think most people, and most "religions" have an idea that is they are just good and decent people they will somehow make the afterlife. But where is the line? What is "good enough?" The reality is that we are all "f'd up"
Thankfully there is hope for us all in that God chose to provide a way for us if we so choose.
385.
Post 8005695 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.00h):
I do think it's kind of abusive to teach children they or their familiy/friends/acquaintances will suffer an eternity in hellfire unless they follow the one true religion in the one true sect. It's also kind of abusive to teach them that Satan is on this world and responsible for all evil. This will make them more prone to superstition and manipulation and less conducive to reason.
Btw, I won't moderate this thread since it's the "quarantine" section of this forum, plus, adam has the authority to delete anything since it is self-moderated. Just in case anyone is unaware.
I think all religions can take things to the extreme. I have seen manipulation and guilt used so I agree in that. But I do think that our society is "starving" our people by now avoiding teaching religion/Christianity at all. Most people are Biblical illiterate. They think they know what is in there but they never read it for themselves. I think we should all study all religions. We need to be knowledgeable about this instead of blindly just following whatever feels good to us for the moment.
386.
Post 8005787 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.00h):
I do think it's kind of abusive to teach children they or their familiy/friends/acquaintances will suffer an eternity in hellfire unless they follow the one true religion in the one true sect. It's also kind of abusive to teach them that Satan is on this world and responsible for all evil. This will make them more prone to superstition and manipulation and less conducive to reason.
Btw, I won't moderate this thread since it's the "quarantine" section of this forum, plus, adam has the authority to delete anything since it is self-moderated. Just in case anyone is unaware.
I think all religions can take things to the extreme. I have seen manipulation and guilt used so I agree in that. But I do think that our society is "starving" our people by now avoiding teaching religion/Christianity at all. Most people are Biblical illiterate. They think they know what is in there but they never read it for themselves. I think we should all study all religions. We need to be knowledgeable about this instead of blindly just following whatever feels good to us for the moment.
Teaching any child about religion before the age of 16-18 (kind of arbitrary) is indoctrination and as such child abuse. The kid might never be able to recover as even otherwise intelligent people are often religious.
I would love to comment but I have been told to "shut up."
Do you know how hard that is to do? I am a woman.
387.
Post 8005895 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.00h):
I do think it's kind of abusive to teach children they or their familiy/friends/acquaintances will suffer an eternity in hellfire unless they follow the one true religion in the one true sect. It's also kind of abusive to teach them that Satan is on this world and responsible for all evil. This will make them more prone to superstition and manipulation and less conducive to reason.
Btw, I won't moderate this thread since it's the "quarantine" section of this forum, plus, adam has the authority to delete anything since it is self-moderated. Just in case anyone is unaware.
I think all religions can take things to the extreme. I have seen manipulation and guilt used so I agree in that. But I do think that our society is "starving" our people by now avoiding teaching religion/Christianity at all. Most people are Biblical illiterate. They think they know what is in there but they never read it for themselves. I think we should all study all religions. We need to be knowledgeable about this instead of blindly just following whatever feels good to us for the moment.
so you are telling me that you studied all religions and your search ended with the conclusion of Christianity being the answer to all mysteries of the universe ? well you know, I was born a Muslim so I didn't have a choice, but I live my life in the way the common sense and logic guides me, although there is some interesting aspects of life in all religions that we can learn, the whole point of a religion was to govern people when it was hard to maintain borders and when it was hard to keep things settled and organized....
I would love to answer but it will have to be a PM at this point because everyone seems to be getting a bit annoyed. Wow. Who would have thought that religion was more annoying than all the trolls combined!? Interesting.
388.
Post 8006548 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.00h):
I personally find it very likely that we will go below 550 and soon. So I will take my positions accordingly.
You're going to get
left behind.Since you brought it up . . .
I will remain silent.
So hard to do . . .
389.
Post 8009010 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.00h):
Someone start buying or I am going to start talking about religion again!
I am just doing what I can to help here.
390.
Post 8009121 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.00h):
I feel bad for everyone who sold at < $600 expecting it to drop further.
They can just buy back now.
It really isn't that big of a loss at this point.
391.
Post 8009165 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.00h):
I feel bad for people not buying any coins right now. We may very well never see it this low again. Once the rally starts and then consolidates I think we might never see the price below $1000.
392.
Post 8009201 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.00h):
I feel bad for people not buying any coins right now. We may very well never see it this low again. Once the rally starts and then consolidates I think we might never see anything below $1000.
Might? Why so uncertain? After the next growth spurt there will never be prices below $1k for 10^8 Satoshi, aka 1 BTC, ever again.
I have less faith in Bitcoin than other things.
393.
Post 8011434 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.00h):
I feel bad for people not buying any coins right now. We may very well never see it this low again. Once the rally starts and then consolidates I think we might never see anything below $1000.
Might? Why so uncertain? After the next growth spurt there will never be prices below $1k for 10^8 Satoshi, aka 1 BTC, ever again.
I have less faith in Bitcoin than other things.
I have more faith in Bitcoin than many other things, but it may just still be a dream.
I have more faith in BTC than USD long term.
394.
Post 8013484 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.00h):
Wow team, you all must really be depressed to refuse to write anything in the midst of a 2000 coin Chinese pump (which doesn't even get us close to where we were, yesterday, but still). Cheer up!!
I didn't notice until you said anything, hence why there wasn't much excitement.
It looks like the other exchanges are starting to inch a little upwards now though.
395.
Post 8023308 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.00h):
It seems that we are now following a less steep support line now:
I hope/think it will hold.
No worries. Once we get to page 7777 here on the thread things will go crazy!!!!
I can hope anyways.
396.
Post 8023432 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.00h):
What if it breaks?
What are the
generally accepted long term channels at the moment?
It is generally accepted that you should
never sell your bitcoins for anything less than a price, which is
multiple times of the ATH of the prior boom.
- If Bitcoin is in its growth channel, and you panic sell in the bottom, it will cost you most of your bitcoins when you panic buy at 5-20x higher after realizing you were wrong. (If you panic buy threshold is lower, you end up always buying high and selling low, and diluting your holdings.)
- If it it destroyed, you have no way knowing it and being able to salvage the high point of your value. Salvaging a low point, is meaningless when the same outcome in fiat terms can be achieved by selling a few %-points more in the previous boom.
this community lives in dreams just because of people full of shit like you, of course you sold most of your Bitcoins to buy a "castle" and fill your account but you tell others to don't, what a dick head.
What the hell happened to you too? You used to have spot on predictions and gut feelings and I enjoyed reading most of your comments. Now you're just following risto to discredit him any occasion you get. I get it, you strongly dislike the man, and I'm not fond of him either but now you sound like the dark crypto offspring of Bitchick and Stolfi. One wants to save me from my sins, the other wants to save the world from itself. You wanna save people from... idiots with bitcoin bought castles?
I just had enough of the stupidity of some and the malicious and scammish behavior of others (there is plenty of them here around), and I see that most of people here don't agree with me, they get even offended because I crash their dreams sometimes,
so this will be my last comment in this forum, enjoy all of you
Ah, c'mon. If they put up with me (a female and what many think is a too "religious" one at that) we can all certainly handle anything you say. Just hit ignore and move on.
(granted I don't agree with your comment to Risto. I appreciate the wisdom he has offered to us all. Of course, even he doesn't force anyone to listen or even agree with him.)
397.
Post 8024031 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.00h):
We are not to the bottom of page 7777 yet!
Never give up!
398.
Post 8026707 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.00h):
Almost 200 posts down today. When will the bleeding stop?
That's it. I am done. I am going to post this and delete it instantly because I can tell we are never going to see 7777 again.
Why didn't I just stop at 7777? I should have known that was the ATH Post count. I thought it was going to go higher. But then the crash!
399.
Post 8026740 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.00h):
Almost 200 posts down today. When will the bleeding stop?
That's it. I am done. I am going to post this and delete it instantly because I can tell we are never going to see 7777 again.
Why didn't I just stop at 7777? I should have known that was the ATH Post count. I thought it was going to go higher. But then the crash!
Yeah ATH was 155,541; page 7778.
I missed it.
400.
Post 8027670 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.00h):
I just realized that Adam is like Satoshi. He has the power to delete all messages and start a new thread and bring us back to 1.
Who is adamstgbit? He has way too much power!
401.
Post 8041039 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.00h):
So does the fact that our ATH has been a bit delayed mean that when we finally do have the next bubble it will be even bigger than we even expected or dreamed!? Perhaps this is a good thing in the long run? I am just trying to console myself with this thought.
Maybe this waiting process is just . . .
402.
Post 8041557 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.00h):
So does the fact that our ATH has been a bit delayed mean that when we finally do have the next bubble it will be even bigger than we even expected or dreamed!? Perhaps this is a good thing in the long run? I am just trying to console myself with this thought.
Maybe this waiting process is just . . .
There wont be another giant bubble. There will be steady rise with the occasional outbreak. People will start to unterstand the Bitcoin thing for what it is, a intangible good, the same as your shoe as a tangible good, which cost x amount to make plus margins and profits and everything else to go with a product. If the profit mining it is very big others will join. Proof of work is what it says it is, a proof that x amount of work has been done which can be sent to anywhere in the world for little cost. When you paint a house you can proof the work has been done, but you will find it hard to exchange it with some one on the other side of the globe.
But that is what many said before the last bubble. I don't think we should ever say that something "won't" happen in regards to bitcoin. It always surprises us.
403.
Post 8042786 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.01h):
Could someone please define the moon for me? Are we talking $1,000 $10,000 $100,000 I mean those who bought at $10 and cashed at $1,000 could say they've already been to the moon? I'm just curious what everyone's version of the moon is.
Maybe a new poll; what price do you consider to be the moon?
Moon is one million. Nothing less will do.
When the price is one million everyone will be panicking when the price drops to $990,000.
I wonder what the thread count will be then.
404.
Post 8055225 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.01h):
7777 (for now)
Not as cool as 1337 or 2600, but cool nonetheless.
I think it will stick this time. We may never see 7777 again!
405.
Post 8055538 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.01h):
I don't get why 7777 is the cause of a collective boner but I admire the post dumper's dedication. Good luck whoever you are. And maybe you can find more constructive things to do once you can't hold back the page count any more.
We have to fight the boredom somehow. (Not that I am dumping. I am a holder of all things. Even posts.
) I am sure if the price was skyrocketing we would not have even noticed what page we are on.
406.
Post 8058324 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.01h):
I think we are headed south of $500 over the next month or weeks.
With selling pressure from new companies that accept BTC.
Bearish
You do know that there is a fund opening this week on August 1st?
http://www.globaladvisors.co.uk/I highly doubt we are going south.
407.
Post 8060549 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.01h):
Within hours of the new poll, 4 ultra-bulls are already proven wrong. Hahaha
i am 1 of 4
2 of 4.
Oh well. It really isn't that big of a "crash."
I still don't get why people do not see the significance of a hedge fund opening this Friday. That might change everything quickly.
I would be panic buying based on that news alone. Granted, I am "all in" so I have nothing more cash to throw in at this point.
408.
Post 8060620 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.01h):
Within hours of the new poll, 4 ultra-bulls are already proven wrong. Hahaha
i am 1 of 4
2 of 4.
Oh well. It really isn't that big of a "crash."
I still don't get why people do not see the significance of a hedge fund opening this Friday. That might change everything quickly.
I would be panic buying based on that news alone. Granted, I am "all in" so I have nothing more cash to throw in at this point.
Hedge fund? So they hold bitcoins then offer to sell them or hedge
or investors or corporates? Hedge funds are usually on the opposite side of the trend.
They have to get coins from somewhere don't they?
409.
Post 8060676 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.01h):
2 of 4.
Oh well. It really isn't that big of a "crash."
I still don't get why people do not see the significance of a hedge fund opening this Friday. That might change everything quickly.
I would be panic buying based on that news alone. Granted, I am "all in" so I have nothing more cash to throw in at this point.
I ask again as I asked the other time, is this fund exchange-traded?
Off the top of my head, I remember at least 3-4 non-ETF funds dedicated solely to Bitcoin. Why would this one be so special?
Second Market has been a boost already. This one reaches an entirely different market of buyers and perhaps even at a different scale.
http://www.coindesk.com/first-regulated-bitcoin-investment-fund-launch-island-jersey/
410.
Post 8060692 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.01h):
2 of 4.
Oh well. It really isn't that big of a "crash."
I still don't get why people do not see the significance of a hedge fund opening this Friday. That might change everything quickly.
I would be panic buying based on that news alone. Granted, I am "all in" so I have nothing more cash to throw in at this point.
I ask again as I asked the other time, is this fund exchange-traded?
Off the top of my head, I remember at least 3-4 non-ETF funds dedicated solely to Bitcoin. Why would this one be so special?
We even know the trading activity that SecondMarket has, and it is nothing special. In fact, it has been abysmal the past 2-3 months.
Nothing worth buying on I don't believe.
A new way for millions of dollars to quickly and easily be invested in bitcoin is "nothing worth buying on?" What is then???
411.
Post 8060745 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.01h):
Within hours of the new poll, 4 ultra-bulls are already proven wrong. Hahaha
i am 1 of 4
2 of 4.
Oh well. It really isn't that big of a "crash."
I still don't get why people do not see the significance of a hedge fund opening this Friday. That might change everything quickly.
I would be panic buying based on that news alone. Granted, I am "all in" so I have nothing more cash to throw in at this point.
Hedge fund? So they hold bitcoins then offer to sell them or hedge
or investors or corporates? Hedge funds are usually on the opposite side of the trend.
They have to get coins from somewhere don't they?
already have them but I already hinted at that in my post. I would like multiple funds opening which may affect speculative price.
"Might" being the operative word there. We don't know for sure, but even if they have a nice amount of coins, the demand might surpass the amount they have. Even second market, which will be a much smaller scale then this fund, buys large quantities off the exchanges at times and it has boosted the price. This is just the start of several funds like these opening. I would think that just knowing we have an opening this Friday would cause the price to increase though because people do not know for sure where those coins are coming from of what number they already have.
412.
Post 8060812 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.01h):
How many super-hyped "news" have we now passed that turned out to be nothing? First, the auction was supposed to be huge. Then, Dell was supposed to be huge. Well, I guess it did put a dell in the price, though not a huge one.
I've read the article. It seems to me like any other Bitcoin fund, SecondMarket, Panthera, the Malta fund.
In my view, the only thing that makes a real difference at this point is an ETF going live.
I read that they are going to be starting with $200M for the first 6 months and then they will ramp it up from there.
The other funds do not touch that investment amount.
413.
Post 8061296 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.01h):
Whats the point of deleting posts and whos doing such a thing? Oh, and why?
More importantly, what is the point of selling coins right now?
414.
Post 8068891 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.01h):
My dog had something like that on her foot and it was a black widow bite. You could see the bone with large gaping hole in the skin. It healed itself though. Very weird.
Glad you dog is better now though!
415.
Post 8070887 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.01h):
We're just painting the start tape nice'n'lo for the Jersey GABI fund.
It might actually be a good thing that the price is low when it opens. The investors will be impressed with the quick grown and that will cause a snowball effect in price. I can only hope.
416.
Post 8093214 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.01h):
This is the latest update from the willy report, please read it.
I want to start off by saying I agree with a lot of the criticism on this article that’s appeared the Web; my conclusions were a bit too opinionated and perhaps exaggerated, and didn’t really fit the tone of the rest of the report, which was intended to be an objective account of my findings. I’ve corrected that with this update. Still, I stand by the most significant conclusion made: Willy was the cause for the November bubble. Sure, it didn’t do it all by itself, but it was the catalyst, and prevented price from coming down by effectively removing all selling pressure with its extremely constant buying (why market sell when you can place an ask order, and know it will be eaten into anyway?). In financial markets, sentiment is driven by price, much more so than the other way around. People see price skyrocketing, get euphoric, forget all the negative and assume the asset must be something absolutely amazing for people to place so much value in it (that, or they see an opportunity to “get rich quick”). It gets media attention, and sparks this whole positive feedback loop thing. A classic bubble in every way, really; but something has to light the fire, and subsequently prevent it from petering out.
Willy was the cause for the November bubble. So yeah, there it is.
Gox is not true. Especially during the last bubble to $1200 Gox was becoming less and less relevant and with pathetic volume, while the chinese at BTC China started throwing hundreds of thousands into BTC.
I have my doubts about the Willy report as well, but concerning the volume: It doesn't matter if the volume was rather low or the volume only accounted for 8% or whatever of coins traded on Mt. Gox because if Willy really only ever bought coins, it wouldn't drive the volume up that much. Coins get sold and re-sold and re-sold over and over again. If Willy is simply buying, that low volume is enough to push the price up.
If this should really be true... Wouldn't we now sit on a vastly inflated bitcoin price that is about to collapse at any time?
I understand that this is a BTC speculation thread; however, you are speculating too much without specifics. give us some specifics. Possibly Willy caused a certain amount of BTC price inflation; however, that potential price inflation would dissipate over time, no? If we were at 20% price inflation in November 2013, does it follow that we would still be at 20% price inflation - likely NOT...... give some numbers to support your speculation in order to make it meaningful - otherwise you are just spreading and/or encouraging the spreading of near baseless FUD.
The Report points out that those bots (Willy/Markus) have bought a total of about 650000 BTC over that time. Sometimes they didn't even spend money for those trades. These 650000 BTC (plus the recovered 200000 BTC) amount to the total amount of Gox's lost 850000 coins. So maybe those 650000 BTC never existed? Maybe they were stolen and Gox tried to buy them from the customers for fake FIAT. The bots were constantly buying in a way that made it almost impossible for the price to go down! Couldn't this be a very valid reason for a bubble?
And what about all the poor gox victims?
They are still waiting for the price to drop so that they can buy back their coins cheap, which ain't gonna happen.
Imho this is rocket fuel for a bubble (I know a few if those waiters)
I can imagine it would be painful to buy back at a higher price. But it will be more painful to be left behind if and when the price rises again. They should just console themselves with the thought that if they buy in now if we do have another bubble they can try to sell close to the peak and buy more the next time the price consolidates? Then they will in a way be getting coins "cheap" (whatever that is.
)
417.
Post 8119942 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.02h):
It is the July rally!!!
Better late than never.
418.
Post 8126929 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.02h):
Dumping in July is the equivalent of:
Haaa LOOOL! That's what I always wanted to do. Pull the window down in my Limo and then throw some bills at the people in front of my favourite club!
funny, I always wanted it to rain money.
we should get together
Maybe you should come to my Club sometime! You seem like a nice guy having this great Wall Observer Thread here
We can also invite some people from the thread. But only Bulls!
I may qualify for such an invitation....
Speaking on invitations, I am still working on my Circle invitation... I contacted them, and they said don't call us, we'll call you.... Additionally, they said that they are still only sending out limited invitations... so have patience...
I guess the new alt-coin Stellar is giving out free "stellar" coins today. Not sure if they will be worth anything but the price is right. I personally hate anything that could get in the way of Bitcoin's usefulness but it at least works with Bitcoin.
https://www.stellar.org/blog/introducing-stellar/
419.
Post 8130146 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.02h):
And so we end the month of July
Predictions for this month aka August up down or sideways
Thinking this month or September will be up a fair bit but it can keep going on sideways lol.
It will go up substantially because GABI will be opened for subscription in August.
I am hoping this is the case too. It should be. I would love to see a prospectus stating their intentions of how the fund will work and how coins will be acquired though.
420.
Post 8130352 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.02h):
And so we end the month of July
Predictions for this month aka August up down or sideways
Thinking this month or September will be up a fair bit but it can keep going on sideways lol.
It will go up substantially because GABI will be opened for subscription in August.
''maybe'' stupid q, but who,
what is GABI?
421.
Post 8137775 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.02h):
GABI buying.. nothing special i think, short term pump
Nothing special? It could be VERY special as far as I am concerned!!!
422.
Post 8137845 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.02h):
GABI buying.. nothing special i think, short term pump
OK.. so on the front of pure unsubstantiated speculation....
1) buy OTC, sell on market to drive price down, setting artificially low "opening price"
2) "open fund"
3) buy on market for 30 days driving the price up
4) produce slick marketing campaign: " GABI UP 50% IN FIRST MONTH !!!! "
5) open fund for trading
6) profit.
So be it.
423.
Post 8138169 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.02h):
All those idiot sellers between 575 and 600 are pissing their pants now and wondering wtf just happened.
They still won't buy back because they are in shock and denial. By 620 they will wake up and buy back with a big loss.
It takes experience, and a bubble or two, before one usually learns this lesson.
424.
Post 8138186 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.02h):
we'll be at 640 by the end of the day!
CHOO CHOO
Let's shoot for $700. Why not!?
425.
Post 8138467 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.02h):
GABI buying.. nothing special i think, short term pump
OK.. so on the front of pure unsubstantiated speculation....
1) buy OTC, sell on market to drive price down, setting artificially low "opening price"
2) "open fund"
3) buy on market for 30 days driving the price up
4) produce slick marketing campaign: " GABI UP 50% IN FIRST MONTH !!!! "
5) open fund for trading
6) profit.
So be it.
approximately $2MM bought in the last hour.. that's just 1% of GABI's expected (estimated) $200MM initial interest in the fund.
Sigg
So what will happen when GABI must buy the other initial BTC ? tomorrow they start trading
I read the fund actually opens for trading on 9/1 .. so not tomorrow, but next month....
Also, the $200MM figure is what the GABI administrators "estimate" as the initial interest.. so this isn't set in stone, and they are probably exagerating some.. but assuming they are close, that means they will be buying $200MM in the next 30 days...
doesn't take a math wiz to figure out what that will do to the price...
Sigg
I am pretty sure they said that they expected the $200MM to be invested during the first 6 months, not 30 days, but we will see how it goes.
426.
Post 8179651 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.02h):
So, I was wondering if the Jersey Island Bitcoin fund, GABI, has a certain time of day for settlement of orders? It seemed that there were some large purchases of coins made at the end of their work day on Friday! If this is the case, then perhaps today we will see the same thing in a few hours? (or at the end of each work day from this point) I am hoping!
427.
Post 8180467 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.02h):
So, I was wondering if the Jersey Island Bitcoin fund, GABI, has a certain time of day for settlement of orders? It seemed that there were some large purchases of coins made at the end of their work day on Friday! If this is the case, then perhaps today we will see the same thing in a few hours? (or at the end of each work day from this point) I am hoping!
I was thinking the same.
They said they would take in orders during august and start buying in september, there was a lot of interest, even from small private banks worth a couple of billion, the smallest parties wich showed interest were willing to buy in the 5-10$ million range.
I only read that they will begin "trading" in September. So this could be an accumulation time frame before the coins can be sold. I wish that GABI was a little more transparent about what they are doing. I don't like speculating this much.
428.
Post 8216394 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.03h):
huge buy order on stamp! Is this GABO buying?
GABI, GABO, I really don't care who is buying!
(That said, it seems like every day since Friday when they supposedly opened, we have seen good sized buys this time of day!)
429.
Post 8223249 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.03h):
pretty sure its gana go sky high pretty soon, its gana slip over 640 into the 700's very fast, shorts are gana get burnt and we'll over shoot to 800, but then something magical will happen bitcoin will be stable for 20mins on high vol and then explode into the 1000's climbing about 100$ a day peaking out on the 32nd day at 4200$ Sept. 24 2014
Sept. 23rd. 2014. Because I am a little more bullish than you.
430.
Post 8241508 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.03h):
Huobi goin hard. $598 and pushing
Woohoo, look at them go.
Is there something that happened in China we should know about? Or are they just tired of waiting for a rally like the rest of us?
431.
Post 8241883 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.03h):
Huobi goin hard. $598 and pushing
Woohoo, look at them go.
Is there something that happened in China we should know about? Or are they just tired of waiting for a rally like the rest of us?
Bitcoin is not banned in China anymore
Banned? Not banned? Banned? I can't keep it straight anymore. Just glad they are buying right now regardless!
432.
Post 8271216 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.03h):
Minor technicality: I would NOT call 3,600 BTC daily as almost 4k BTC daily.
I am inclined to think that the overwhelming majority of mined coins move exactly once, at this point. I should check. If I am right it is indicative of price suppression on the exchanges to get good marks for buying virgin coin on contract. Which in turn is indicative of a massive bubble imminent. But I haven't checked yet.
hey, cool! that would indeed be a good indication of the hypothesis (miners sell directly) being correct!
do you have the means to check this? If so I would like to kindly ask you to do so.
Ive mentioned it a couple of times on the forum already today, but I have it through very good sources that the majority of large miner coins that are being sold are being sold off exchange for a point or two premium by hedge funds.
A large miner recently confirmed that he had had several calls put into him by hedge funds looking to buy every coin he had. If they are tracking him down, their tracking others down as well. I think this is one of the reason selling has practically dried up relative to what it used to be. Big money is desperate not to have the price run up.
If this is true then the next bubble will be incredible.
Like.
433.
Post 8303849 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.03h):
In the past, if there was some sort of insider information, would the price drop unexpectedly because "manipulators" that knew this information was trying one last time to get cheap coins before this information was released?
Maybe I am dreaming here, but it could just be an attempt to "steal" a few more coins for a good price.
Maybe later this week there will be news such as "Winklevoss ETF approved" or something exciting like that.
I can dream can't I???
434.
Post 8303949 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.03h):
In the past, if there was some sort of insider information, would the price drop unexpectedly because "manipulators" that knew this information was trying one last time to get cheap coins before this information was released?
Maybe I am dreaming here, but it could just be an attempt to "steal" a few more coins for a good price.
Maybe later this week there will be news such as "Winklevoss ETF approved" or something exciting like that.
I can dream can't I???
how that ETF will have any impact on price ? the contrary, investors that would go and buy on exchanges would use that ETF, the twin brothers need to liquidate their 100K+ coin somehow.
I think news of an Bitcoin ETF, even if it is the twins coins funding it at first, will spur major interest. But it doesn't have to be that. It could be something else entirely. Although news doesn't seem to move the price like it used to, unfortunately.
Like I said, just dreaming here.
435.
Post 8304573 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.04h):
I think all the news we see/read around is the reason why we are still at this level, the November bubble came really unexpected and we were overbought in all ways, the infrastructure is just catching up to this price level, but hey I could be totally wrong, supply and demand have a strange way of working.
I keep remembering that WhatsApp is valued at $16bn, and is a piece of junk compared to Bitcoin, valued at $7.5bn
The world is not fair.
Yet anyways.
436.
Post 8351378 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.05h):
Big money has been trying to support the price of BTC for quite awhile, in hopes of creating some sort of stable environment for new money to feel comfortable stepping in after that painful fall from $1200... the funny part is they're losing so much money in the process and it won't help. The move from ~$350 to ~$650 was not warranted, so much of it will naturally be erased.
They may have been keeping the price "stable" by holding the price down too. The benefit for them to do that is to keep the price lower so that they can purchase coins off the exchange for a much better price. I think we will have this little panic sell-off only to be surprised by how quickly the price can rise again.
Glad I am going on vacation next week. Hopefully I can return to a better Bitcoin price.
437.
Post 8352319 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.05h):
Final capitulations are the sweetest buying opportunities. You would probably never have heard of me, unless I happened to analyze the fundamentals and charts for month, before buying in at the final capitulation of 2011.
The more ppl speak like you (and the less they speak like me
) the better, because that much closer to the bottom we are.
But real tough guys can make the decision without sentiment analysis as well as with it. I hardly knew about the forums back then, even my account is from 2012.
It is the new money that will raise the price to new levels. They are still waiting. What can you do but wait? Next room to me now, there is a guy who takes jacuzzi every day and smokes cigars. He held through the bubble, and the fall, and the capitulation (of 2011) and ever since. His friends sold out in the downtrend and said they will come back if/when the tide turns. They never did. They are probably working now.
Bitcoin does not care if you make money or not. Also I don't care. I know there are enough people in the world who understand reasonable speech, and gravitate into Bitcoin in waves. And if bitcoin is foiled, now we have Monero, so there is a
real backup, vainly sought after for 2-3 years.
The waiters came to ask what I want for breakfast, and roasted liver with red wine sounded like nice. Thank you for listening.
I like what you did there, pouring oil on fire
I beg to disagree
Casually dropping some info about your at-noon breakfast of roasted liver with wine, in the middle of a capitulation that'll cost quite a few investors dearly, is the real oil-on-fire. Which is why I got the Marie Antoinette association.
Yep.. I noticed that too... Risto can be a little bit pompously irritating from time to time - even if he may be dropping some otherwise decent data and/or historical perspective.
I think Risto's point is that we can all "eat cake" too is we just hold and don't panic (or buy during this great opportunities to do so if possible).
Maybe I am strange but I find his words quite comforting. To be able to drink a glass of wine with no worries to what Bitcoin is doing at the present impressive, especially when it is so easy to get emotional about it. But I am admittedly a huge fan of Risto. Of all the people on the thread he has been the most helpful to me, and generous too.
438.
Post 8353192 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.05h):
Final capitulations are the sweetest buying opportunities. You would probably never have heard of me, unless I happened to analyze the fundamentals and charts for month, before buying in at the final capitulation of 2011.
The more ppl speak like you (and the less they speak like me
) the better, because that much closer to the bottom we are.
But real tough guys can make the decision without sentiment analysis as well as with it. I hardly knew about the forums back then, even my account is from 2012.
It is the new money that will raise the price to new levels. They are still waiting. What can you do but wait? Next room to me now, there is a guy who takes jacuzzi every day and smokes cigars. He held through the bubble, and the fall, and the capitulation (of 2011) and ever since. His friends sold out in the downtrend and said they will come back if/when the tide turns. They never did. They are probably working now.
Bitcoin does not care if you make money or not. Also I don't care. I know there are enough people in the world who understand reasonable speech, and gravitate into Bitcoin in waves. And if bitcoin is foiled, now we have Monero, so there is a
real backup, vainly sought after for 2-3 years.
The waiters came to ask what I want for breakfast, and roasted liver with red wine sounded like nice. Thank you for listening.
I like what you did there, pouring oil on fire
I beg to disagree
Casually dropping some info about your at-noon breakfast of roasted liver with wine, in the middle of a capitulation that'll cost quite a few investors dearly, is the real oil-on-fire. Which is why I got the Marie Antoinette association.
Yep.. I noticed that too... Risto can be a little bit pompously irritating from time to time - even if he may be dropping some otherwise decent data and/or historical perspective.
I think Risto's point is that we can all "eat cake" too is we just hold and don't panic (or buy during this great opportunities to do so if possible).
Maybe I am strange but I find his words quite comforting. To be able to drink a glass of wine with no worries to what Bitcoin is doing at the present impressive, especially when it is so easy to get emotional about it. But I am admittedly a huge fan of Risto. Of all the people on the thread he has been the most helpful to me, and generous too.
There is NOTHING wrong with being appreciative of the contributions of Risto or anyone else for that matter, and I get your point that he may have NOT meant to be pompous in his presentation of that situation.
NONETHELESS, he does have some flaws... especially in the hooty-tooty tone arena... from time to time...
Having said all that, I appreciate his contributions, too.... but I also think that it helps for the survival of bitcoin to have people like Risto (who have profited in the past from BTC) to invest back in to BTC in order to help build a better and stronger BTC infrastructure in order that newcomers can become acquainted and comfortable with BTC space.
If and when we have castles of our own how will people react to us? Will they think we are pompous jerks just because of that alone? I think sometimes just being wealthy, successful, or in a different situation in life is enough to cause envy and see things that are not necessarily there, or can be construed to be that way.
For example, I live in a pretty wealthy area in California, but would still be considered "middle class." I find that those that are wealthy are often considered "pompous" just because they have nice houses and cars. Some even consider my husband and I "rich" and although it seems totally ridiculous to us, think we are "snobby" because of where we live. Of course we know in our neighborhood we are just average. But I have learned that we see others through our own lens of our experiences and we need to step back and consider where the other person is coming from.
That said, I don't think Risto is ever really trying to be pompous. He may have a little fun with the successes he has had and post a comment here and there about it, but I think his heart is one that wants to encourage us not to "throw in the towel" so to speak and hold on or buy more coins and try to see the big picture. He has been in this a bit longer than many of us have and has reaped the rewards that could well be ours too if we just show a little patience and self-control.
439.
Post 8353407 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.05h):
That said, I don't think Risto is ever really trying to be pompous. He may have a little fun with the successes he has had and post a comment here and there about it, but I think his heart is one that wants to encourage us not to "throw in the towel" so to speak and hold on or buy more coins and try to see the big picture. He has been in this a bit longer than many of us have and has reaped the rewards that could well be ours too if we just show a little patience and self-control.
I can agree with the residue without agreeing with the bold. I think he is trying to be pompous from time to time. It's part of his sense of humor. At first he went low-class pompous (think Burberry baseball caps). Now his tastes have developed, and he's tending high-class pompous (fine cigars and complex wines) which I find more amusing, personally. Not surprising, perhaps, that some find either equally offensive.
That said,
I prefer market analysis to Risto analysis. It seems likely to be more profitable, albeit more difficult.
Just trying to get my mind off of the price right now.
I think you are right that it is his sense of humor. I totally take it that way. But some people just don't have one I guess.
440.
Post 8353464 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.05h):
...
Yep.. I noticed that too... Risto can be a little bit pompously irritating from time to time...
Nah!
That wasn't my quote, BTW. But your picture did make me laugh.
(I think even Risto knows this is "over the top" and is having fun himself though.
)
441.
Post 8353753 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.05h):
Your comment seems to imply that I am (or others) are motivated to hate on Risto b/c of his wealth. I could give a flying rats ass about his wealth... I just have a problem with flaunting or outward attempts to lord over these kinds of things.
On the other hand, sometimes material possessions, enjoyment of life or investment prowess may be a topic of discussion or somehow relevant to the topic at hand, and in those cases, it may be good to illustrate with personal examples regarding wealth accumulation or investment choices or consumption decisions.
So, it could be possible that you are misreading my articulation of my perceptions regarding the sometimes flaunting inclinations of Risto......
I wasn't trying to imply that you feel this way, I was just making a point that it could be that some people resent him just because of the wealth alone. But I do think some of his perceived "pompous" posts is just his sense of humor perhaps. The strange thing about message boards is that emotions and even humor is difficult to convey. We can throw up a few smiley faces here and there but unless you are sitting with a person face to face the true meaning can often be lost.
Regardless, Risto could be drinking his wine in his castle and ignoring these threads completely. I am surprised he even posts on here most of the time. I think he has thicker skin than I do. Granted, he is smarter than I am in that he does avoid some topics (like religion) that I will discuss that causes even more drama on here!!!
442.
Post 8353764 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.05h):
TL;DR
let´s get back to WALL OBSERVING plz
Have you not noticed but the "WALL" is a bit depressing today!? Just trying to keep our minds off of it until the price bounces back here.
443.
Post 8356914 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.05h):
And breaking news- Ebay subsidiary discussing accepting Bitcoin.
Could it be that someone knew this was going to be announced and was playing with the price a bit to get some cheap coins? I often wonder about these things.
http://newsbtc.com/2014/08/14/ebay-subsidiary-braintree-said-discussing-accepting-bitcoin-payments/
444.
Post 8357102 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.05h):
445.
Post 8357133 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.05h):
Sweet... more potential merchant adoption. You know what that means? Price drop imminent!
i think that logic will end up biting you in the ass.
but it does seem correct....
A little overblown hype used to work. Let's at least give it a try!
446.
Post 8357325 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.05h):
I really dont care anymore for some late ebay, amayon or other merchant adoption.
as far as I am concerned, all merchants adopting btc are late. it makes no sense to pay something with btc.
yes all merchants should have adopted it back in 2011-2013 when there was complete total uncertainty for bitcoin legitimacy / future.
Right!? And that is why the people who purchased coins back then should be rewarded.
447.
Post 8367742 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.05h):
Even deliberate selling to move prices down requires coins.
You are putting way too much faith in the integrity of the exchanges and third part wallet services.
There is nothing that stops Bitstamp (deliberately or via subversion) from giving sellers infinite paper btc to trade with. They can get away with it as long as most people don't try to withdraw their coins. If they suddenly started making it hard for people to get their bitcoins back, that would be a possible indicator of this.
There is also nothing that stops Coinbase from loaning out customer btc deposits to short sellers. We'd never know if they had done so.
I really don't understand this...
I know you as a reasonable, knowledgeable poster. And, yes, what you describe is a possibility, but so is the claim that the entire 2013 rally was driven by Willy (which I don't believe either, for the record).
So why is it so hard to entertain the possibility that we're seeing the breach of the damn as a result of built-up selling pressure? We had a good rally to $680, from there on things started looking difficult, selling pressure was extremely subdued (for a number of reasons, but imo, mainly because the "hodl" mantra actually took hold - no pun intended), but without further fiat inflow and subsequent positive price action, it is only a matter of time before the sell-offs kick in.
Or am I being naive for considering this the most likely reason for what we're seeing now?
i can't believe people read all the good news and sell.
people look at the price and sell...
this move is purely manipulative.
I agree. Hold people. The price will most likely be $700+ by months end.
448.
Post 8368552 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.05h):
I think that this will be the last chance to get coins at < $500!
449.
Post 8368592 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.05h):
I think that this will be the last chance to get coins at < $500!
but you always think that is the last chance, nothing new. let me guess this time you really feel it ?
One of these days I will be right. Then I can say "I told you so." Women love doing that.
450.
Post 8368628 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.05h):
I think that this will be the last chance to get coins at < $500!
I pray for the day when no one utters this phrase again. Ugh
Prayer changes things. So yes, let's pray it is so.
451.
Post 8368635 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.05h):
I think that this will be the last chance to get coins at < $500!
but you always think that is the last chance, nothing new. let me guess this time you really feel it ?
One of these days I will be right. Then I can say "I told you so." Women love doing that.
I love doing that as well, in fact soon I will tell you that
Alrighty then. We will see who has bragging rights.
452.
Post 8368708 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.05h):
I think that this will be the last chance to get coins at < $500!
but you always think that is the last chance, nothing new. let me guess this time you really feel it ?
One of these days I will be right. Then I can say "I told you so." Women love doing that.
I love doing that as well, in fact soon I will tell you that
Alrighty then. We will see who has bragging rights.
I know it is not your opinion, it is what Risto filled in your mind, you don't have an opinion of your own like many here.... you will now tell me that you really do, but if we isolate you from the forum for a month and ask you the same question you will have no idea...
I owe Risto much gratitude for staying calm in the midst of many a storm. I have him to thank for not panic selling in the past and because of that I am always respectful of his opinion, more than anyone else on here. I think true wisdom is seeing those that are successful and being humble enough to learn from them. So if Risto has "filled my mind" with some knowledge, that is a true compliment.
453.
Post 8368835 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.05h):
I think that this will be the last chance to get coins at < $500!
but you always think that is the last chance, nothing new. let me guess this time you really feel it ?
One of these days I will be right. Then I can say "I told you so." Women love doing that.
I love doing that as well, in fact soon I will tell you that
Alrighty then. We will see who has bragging rights.
I know it is not your opinion, it is what Risto filled in your mind, you don't have an opinion of your own like many here.... you will now tell me that you really do, but if we isolate you from the forum for a month and ask you the same question you will have no idea...
I could not have said this better myself. To often people hear something from one person, latch on and hold it as gospel. Think for yourself people. Do your own research. The reason why we as a society are so controlled by our governments is because people don't think for themselves, they don't stand for what they believe in.
But what if a person knows that they are not wise when it comes to investments? Shouldn't they get advice from someone who is successful?
It seems foolish to not learn from those that are good at something. Just sayin.
454.
Post 8368994 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.05h):
Can you guys learn to prune quote trains? Just sayin
But what if a person knows that they are not wise when it comes to investments? Shouldn't they get advice from someone who is successful?
Do you really consider all early adopters "successful" investors? And if so, does being a successful investor necessarily mean an investor's success is from wisdom and not some other circumstance?
Many early adopters are no longer involved with Bitcoin, so I would say if they were able to survive the storms to get this point then they are successful.
Sure, it could be a little luck thrown in too, but if you haven't read some of Risto's threads (such as his Sane and Simple Savings plan for one example) then you don't really get that he has excellent advice for making wise decisions when it comes to investing in BTC with very little risk to those of us that are somewhat risk averse.
Granted, many on here love the thrill of the "gamble" and do very well day trading. I learned early on that I was not good at it. I am too emotional and it is really hard to time the trades well. So I buy and hold and so far it has been a great strategy.
455.
Post 8369076 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.05h):
schooled by a girl, its not any girl its bitchick, but c'mon, this is pathetic, you guys are saying "don't listen to anyone, think for yourself and sell after a ~20% drop, because I know its going lower"
you guys really really suck at this.
itt we learn adamstgBit thinks women are less intelligent than men.
its a joke. but the fact remains. schooled by a girl!
456.
Post 8371113 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.05h):
call your friends recommend buys, they won't... they never do, and once again they will be like fuck i should have listened.
Adam is right!
(But Now everyone is going to say that I am trying to kiss up to you.
)
457.
Post 8371899 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.05h):
Farewell 400's. May we never see you again.
458.
Post 8372000 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.05h):
I think that this will be the last chance to get coins at < $500!
but you always think that is the last chance, nothing new. let me guess this time you really feel it ?
One of these days I will be right. Then I can say "I told you so." Women love doing that.
Yeah....
Then whine about it for years and years and years...
Funny how that is.
What can I say? Women just have better memories than men do.
459.
Post 8372269 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.05h):
I think that this will be the last chance to get coins at < $500!
but you always think that is the last chance, nothing new. let me guess this time you really feel it ?
One of these days I will be right. Then I can say "I told you so." Women love doing that.
I love doing that as well, in fact soon I will tell you that
Alrighty then. We will see who has bragging rights.
I know it is not your opinion, it is what Risto filled in your mind, you don't have an opinion of your own like many here.... you will now tell me that you really do, but if we isolate you from the forum for a month and ask you the same question you will have no idea...
I could not have said this better myself. To often people hear something from one person, latch on and hold it as gospel. Think for yourself people. Do your own research. The reason why we as a society are so controlled by our governments is because people don't think for themselves, they don't stand for what they believe in.
But what if a person knows that they are not wise when it comes to investments? Shouldn't they get advice from someone who is successful?
It seems foolish to not learn from those that are good at something. Just sayin.
Bitchick: What is the approximate average price per BTC of yours and/or your husband's holdings, if you do NOT mind me asking? You indicated that you got started in about early to mid 2013 and you have continue to buy as your cash comes in.
My average cost per BTC is about $610, including transactional fees.. I made a few mistakes, in getting too excited a few times with some of my cash to buy more BTC when I should have waited a little bit... but anyhow, I am NOT worried atm about my average cost per btc or my holdings or the future success of BTC, yet I understand that the behavior of people will change in fairly drastic ways depending upon how far they are in the red or black and whether or NOT they are sufficiently diversified in other investments and whether or NOT they are leveraged or over-extended in any significant ways...
Our first coins were purchased right before the run at about $50 but unfortunately we did not buy much. We were just dabbling in it for the "fun of it" and risked very little. This was only a week or two before the crazy rally in April. We were shocked at how fast the price increase and our only regret then was not buying more sooner!
But now we are well over our $50 average at about $200 or so because we had some extra cash to throw in this year. Thankfully we are in the black though. It is still painful to sell any coins knowing we paid more for them at one point or another!
There is always the "would have, should have and could have" thoughts going on in our minds. I think this happens no matter what the entry point is, unless someone just lucked out and bought all their coins at a point in which the price took off to never return again.
460.
Post 8372837 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.05h):
Sigh, wake up to a lower price.
The price right now is better than the price I woke up to at least.
It was about $485 USD this morning here.
461.
Post 8390470 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.05h):
IS the price going to go UP or DOWN?
both!
HMM, only one can happen
Currently at this moment of time do you think by tomorrow the price will be less than $521 (current rate)?
i am 100% sure price will go below and above 521
ok put it like this
Do you think this time tomorrow the price will be above or below $521?
ok i'll quit being a smart ass...
who knows
all i know is there's free beer for all at 800 ( i will be handing out mBTC's to followers of this thread @ 800 )
To keep it fair you should give half of the mBTC to the men and the other half to all the women on here
462.
Post 8390536 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.05h):
IS the price going to go UP or DOWN?
both!
HMM, only one can happen
Currently at this moment of time do you think by tomorrow the price will be less than $521 (current rate)?
i am 100% sure price will go below and above 521
ok put it like this
Do you think this time tomorrow the price will be above or below $521?
ok i'll quit being a smart ass...
who knows
all i know is there's free beer for all at 800 ( i will be handing out mBTC's to followers of this thread @ 800 )
To keep it fair you should give half of the mBTC to the men and the other half to all the women on here
whats the point your the only one and you don't drink beer.
I like root beer.
463.
Post 8391601 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.05h):
the promise this country holds is brighter than anyone can imagine, TO VICTORY!!!
0
Maybe we need some negative numbers to really start the reversal and build pressure for liftoff!
-1
464.
Post 8391729 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.05h):
the promise this country holds is brighter than anyone can imagine, TO VICTORY!!!
0
Maybe we need some negative numbers to really start the reversal and build pressure for liftoff!
-1 Just realized we should probably have been using binary numerals!
465.
Post 8554801 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.08h):
So I just got back from a family trip to Disney World. My cell phone totally died on the second day so I had no internet for almost a week. Did I miss anything? According to the price it looks like it was a good week to take a break from BTC.
466.
Post 8554965 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.08h):
So I just got back from a family trip to Disney World. My cell phone totally died on the second day so I had no internet for almost a week. Did I miss anything? According to the price it looks like it was a good week to take a break from BTC.
It was an excellent week to scoop up more BTC, but stressful as hell. Not as stressful as it will be trying to decide to dump at four thousand or six thousand.
Well the big stress was deciding not to sell any coins to pay for the trip. We had to shuffle some funds around because it would be stupid to sell any coins right now. We were originally thinking we could just sell a few coins to fund this little vacation but that did not work out as planned. I am really looking forward to a 4 or 6 thousand dollar price someday. The stress of selling at that price will be a fun problem to have I believe.
467.
Post 8555002 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.08h):
So I just got back from a family trip to Disney World. My cell phone totally died on the second day so I had no internet for almost a week. Did I miss anything? According to the price it looks like it was a good week to take a break from BTC.
It was an excellent week to scoop up more BTC, but stressful as hell. Not as stressful as it will be trying to decide to dump at four thousand or six thousand.
Nah it wasn't stressful. Still, you didn't miss much. I hope you enjoyed the holiday.
Disney World in August is probably a crazy thing to do. Super hot with high humidity and tons of walking.
BitchicksHusband did an amazing job of planning though so we were able to skip many long lines with fast passes and did way more than I ever thought possible in a week. It is really beautiful there too. So all in all it was tons of fun!
468.
Post 8587226 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.09h):
Not sure if it has been discussed on here yet, but it looks like the United Arab Emirates are launching an exchange in Dubai today.
http://www.coindesk.com/uae-first-bitcoin-exchange-dubai/That should help bump the price a bit I would think.
469.
Post 8616697 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.09h):
It's decided, we will stay at this price from now on, it's the new equilibrium, there's no way up nor down, we may jiggle a few %, but nothing more.
I think there were similar posts like this last year at about this time.
Bitcoin is is like a geyser. It doesn't seem to do much when looking at it for a while, may even let off a little steam, but then there is a jet-like eruption that occurs.
Just wait for it.
470.
Post 8657918 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.10h):
Watching now.
So far it is one of the best overviews of Bitcoin yet.
Hopefully many people will watch and learn!
471.
Post 8660462 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.10h):
Finally, I really miss the DDOS of exchanges.
I had one while trading on bitcoin24 back in april 2013.
It was one hell of an adrenaline rush back then,... I managed to convert all my FIAT to btc in the last minute before everything broke.
After a month or two I was able to withdraw my coins.
People who were in fiat are still waiting for their money...
I almost forgot about DDOS attacks. It has been so long since there has been one. Is this bullish?
472.
Post 8671579 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.10h):
So is there any news related to this bump that I am missing here? Not that I am complaining.
473.
Post 8678693 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.10h):
guys, I am curious about something, I've noticed a huge amount of gambling games (dice games and wheel spining games) the huge amount of these sites suggest that Bitcoiners loves gambling !!?? any of you gamble here ?
poker is a babies game compared to bitcoin speculation
At least it seems less risky than other forms of gambling.
Even holding is a bit of a gamble.
474.
Post 8688136 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.10h):
I also posted a lesson on how to double your money without leaving your desk; but that does not translate well into English, unfortunately (and it was done well before I heard of bitcoin, which has made it obsolete): https://www.youtube.com/watch?v=X9i6XwhH_jo
Really really splendid stuff.... I can see how this fits with the other highlights of your career.
"Jorge was a tireless worker and would spend long hours at the lab. Rumor
had it that he lived on a clock that had 26-hour days, so he would precess and
shift his sleeping time from day to day. As far as I know he spent ten years in
California without ever learning how to drive, and his wife Rumiko would come
to pick him up. I have many memories of coming to the office in the morning to
find Rumiko waiting for Jorge to come down and go home.
Jorge combines deep mathematical intuition with remarkable programming
skills – many people have one or the other of these capabilities, but the combina-
tion is rare. Even more rare is another aspect of Jorge’s intellect. Jorge is able,
better than anyone I have ever known, to put clean mathematical structure on an
amorphous set of vague ideas and produce elegant and informative mathematical
abstractions that allow insightful formal reasoning on a problem. I cannot count
the number of times that I walked away from a technical conversation with Jorge
thinking that now, finally, I understand the essence of the problem we’ve been
discussing. Jorge likes both his ideas and his programs (and yes, not to forget,
his LATEX macros) to be clean, well organized, and surgically appropriate to the
task at hand. In this respect, and in balance overall, I think Jorge was more of a
teacher to me rather than the other way around.
I want to close by mentioning another characteristic of Jorge, his remarkable
diversity and versatility, as demonstrated over a long and distinguished scientific
career. Jorge’s curiosity is not limited to any one special topic. Besides computer
graphics and computational geometry, he has made many other contributions to
interval arithmetic, splines, image search, the reconstruction or archaeological
artifacts, elasticity, and even the Voynich manuscript analysis.
So happy birthday, Jorge, and my best wishes for many more productive years
to come. Even after all these years, I still miss having you around – and in that
vein let me publically remind you that you promised to come spend a sabbatical
at Stanford
"
are you tenured prof?
It seems bating Bitcoin followers and folding notes and playing with balls seem ... a little..... well.... pointless.
Like I said.. moments ago.. it seems to me you could put yourself to much greater use... to humanity as a whole ... by maybe fixing problems that you see
rather than wasting time here... unless you simply enojoy wasting time nowadays... or feel that you are not able.
Anyways... as you were
The way I see it, he's contradicting a solid and undoubted argument by presenting a burning straw man paradigm all the time. By no means (if what I just read is true) he doesn't understand bitcoin. I could bet he owns some and he probably has messed with it's code and principles quite a lot. He surely adds noise but also adds value to this forum and -when not trolling- presents quite solid thoughts that give food for thought...
Pity he doesn't do this more often. Maybe he's on a payroll to troll here... such waste.
Interesting morning read. We can all agree that Jorge adds some "flavor" to the the forum.
My two cents here. Being a highly respected and accomplished person in any field can often cause a person to have a inflated sense of knowledge in all areas. If everyone around you is in awe of what you know and who you are and respects you for that, everything is filtered through that lens. But one cannot truly be an expert in everything. I think we each have our narrow areas of interest and we can become experts in a few of them. For an example, I had a professor that was brilliant in botany. Many of the students would try to trick him by bringing rare plants to him. One was a plant only found on Mt. Kilimanjaro. He saw the plant and instantly said, "So when were you on Mt. Kilimanjaro?" He also named a few plants that had not been discovered. As brilliant as he was, he had his narrow areas of expertise and was at least humble enough to realize his limitations. With Jorge though he appears to be a brilliant mind and enjoys math and programming, which would make one think he would be an expert in cryptocurrencies. However, cryptocurrency is more than just math and programming. It encompasses economics, marketing, payment systems and various other things. As an expert he could give his opinions on the fundamental design of Bitcoin based on his knowledge of math and computers, but to give an opinion as to value is something that perhaps is beyond his knowledge base. And I say all of this as an expert in none of the above.
475.
Post 8730559 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.11h):
Wtf creepy video, reminds me of those movies with aliens communications switching auto radio channels
Yes. It was rather disturbing and a bit creepy for some reason. But if I just close my eyes and picture bullet trains, rockets and moons it is quite beautiful.
476.
Post 8730985 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.11h):
That is the Youtube Transcript. It is not a perfect translation.
This is a closer translation (copied from Reddit)
We are the people who have built a whole new place to live, dream and be.
We employ ourselves and vote with our money.
Our phone is our wallet.
We can spend Bitcoin with a tap, without a pocket.
We can buy and sell and rent and send unlimited money to a friend ----------.
We are unstopabble with our funds.
Just one touch to buy ---- anything, no need to fill billing info.
We have magical money, not bound by bank and bill
477.
Post 8731034 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.11h):
It is the automated transcription, that YouTube generate for a video if there are no embedded subtitles. Most of the time these automated transcriptions are very weird (but they are improving with time...).
Edit: Dang! BitChick beated me
478.
Post 8731244 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.11h):
The last time the ask side piled up like this was September last year, shortly before the last bubble. Does someone put up all these scary walls as a last attempt to accumulate cheap coins?
As soon as someone starts eating into those walls I bet they get pulled fairly quickly.
479.
Post 8733016 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.11h):
We made it guys. It doesn't mean necessarily we're going 100 up tonight (we would go 200$ up in good old Gox days though) but that's it - Bitcoin is going mainstream.
Right!!! I would expect a little panic buying over this but oh well. It is just a matter of time now for sure.
480.
Post 8733353 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.11h):
The news hasn't really broken on any major outlets... "buy the rumor sell the news" may not even apply here. Good luck speculators.
Buy the rumor sell the news is completely idiotic.
One article just popped up a few minutes on Bloomberg, but that seems like the first major new outlet to say anything at this point.
http://www.bloomberg.com/news/2014-09-08/ebay-s-paypal-unit-to-start-accepting-bitcoin-payments.htmlPatience everyone. It will be huge when the people on the sidelines that have been saying Bitcoin is not going anywhere reads this.
Edit: Forbes just added an article right now:
http://www.forbes.com/sites/ryanmac/2014/09/08/ebay-announces-first-foray-into-bitcoin-with-braintree-unit/
481.
Post 8733648 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.11h):
I have more btc than I did last night.
Keep on dumping tards. I was a bear once, when we were at like 800. All this is giving me an unfair amount of BTC relative to the rest of the world. Still, could be worse....I could be the FBI or something.
I agree with that dude whose signature says this: "They are trying to buy all the bitcoins: We must not let them."
Yes this! It seems fairly obvious, even to me, that this is just a last minute desperate attempt to drop the price a bit so a few can get coins cheaply enough to cover some losses or keep from having any losses. These walls are just there to hold the price down long enough to get this done. Then the moon will be in sight.
482.
Post 8736576 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.11h):
Is price decline partly caused by a concern of Apple's big iphone6 announcement tomorrow? See article:
http://www.investing.com/analysis/apple,-scotland-and-bitcoin-225112I think that the fact that there was this big announcement by Paypal today that is showing some Bitcoin integration is only a sign that Apple is going to do the same. Sure, the phone will allow for other payment options too but I believe Bitcoin will eventually show itself to be the safest and cheapest way to use a mobile payments system.
Plus there are rumors that the iphone 6 will allow for Bitcoin payments too:
http://www.bidnessetc.com/24803-iphone-6-might-feature-bitcoin-functionality/
483.
Post 8736623 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.11h):
Ponzi Scheme is over! Bitcoin is doomed now the inventor lost all his bitcorns!!!
There is 0 buying pressure, even though PayPal announced to accept it!
Bitcorn is done, over with!
Better sell now to cut loose!
Expect $3xx minimum soon!
I think people are still waiting on the Apple news release tomorrow. Then when Apple says that they are integrating Bitcoin in their payment app I can't imagine how that would not trigger a rally of some sort!
484.
Post 8736862 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.11h):
Ponzi Scheme is over! Bitcoin is doomed now the inventor lost all his bitcorns!!!
There is 0 buying pressure, even though PayPal announced to accept it!
Bitcorn is done, over with!
Better sell now to cut loose!
Expect $3xx minimum soon!
I think people are still waiting on the Apple news release tomorrow. Then when Apple says that they are integrating Bitcoin in their payment app I can't imagine how that would not trigger a rally of some sort!
I expect mobile payments integration with Visa etc and lower fees than usual with CCs. Apple has enough power to bring Visa etc to lower their fees just for Apple integration.
But it wot be THE big BTC-killer some market-members seem to expect right know. Its just NFC with loweres fees Visa. Thats about it.
Never? That is a pretty strong statement. If they make an announcement tomorrow and Bitcoin is mentioned I have to admit it will be fun to say "I told you so."
485.
Post 8736902 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.11h):
Ponzi Scheme is over! Bitcoin is doomed now the inventor lost all his bitcorns!!!
There is 0 buying pressure, even though PayPal announced to accept it!
Bitcorn is done, over with!
Better sell now to cut loose!
Expect $3xx minimum soon!
I think people are still waiting on the Apple news release tomorrow. Then when Apple says that they are integrating Bitcoin in their payment app I can't imagine how that would not trigger a rally of some sort!
I don't know if they're going to integrate Bitcoin.
Some months ago, Bitcoin Wallet Apps re-Enter to the iOS AppStore after Apple’s Policy Shift, so tomorrow we're going to see if it's going to be with their own service, integration with VISA or if they're going to integrate Bitcoin
No rumors about it... people is just expecting the f****** iWatch, iTime or whatever you call as well as the new iPhone... so don't expect anything...
#hipsters... haha
Maybe an iwatch with ability to pay with Bitcoin?
I just got back from Orlando and use the Disney "magic bands" all week. It was a little weird but convenient. I could see a similar type band being promoted for payment systems and other uses from Apple but we will see what all the hype is about.
486.
Post 8739007 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.11h):
Even though we haven't gone up in price yet, I wonder what the ones that shorted 10K BTC are thinking now that paypal is integrating.
Any of those shorters here in this thread? I'd love to hear your thoughts.
they shouldn't fear that process since conversion of btc back to fiat doesn't always equate to 1 for 1 rebuys of btc, the real benefit to me is the publicity it will give bitcoin, people at banks still talk of it as it's some elaborate joke.
The Paypal integration should certainly bring some validity to Bitcoin. If Apple makes some sort of announcement tomorrow about Bitcoin that will be even better. Apple seems to have a cult like following.
But I am aware of the fact that it takes most people a year or two after first hearing about Bitcoin to actually buy any.
487.
Post 8747493 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.11h):
People are becoming very hateful and quarrelsome around here. It's no wonder though, many have put the highest of expectations into specific events/news the past few months, only to be disappointed again and again as they learn (and repeatedly forget) that news doesn't mean shit in a market ruled by sentiment.
I was having a discussion with BitChicksHusband this morning about this. He said that it seems that negative news can affect the price more quickly than positive news. What happens when there is some negative press is that people that already have some Bitcoin can sell off immediately. However, with positive news those that have not yet purchased any coins but are interested in doing so have to begin the process of signing up or finding a place to purchase them. This can take a while. The affect on price is delayed because of this.
That said, I still think some people are waiting to see what announcement Apple makes today. Hopefully they follow Paypal/Braintree and mention Bitcoin at least.
488.
Post 8748331 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.11h):
Apple is talking about replacing wallets right now. Please say Bitcoin. Please say Bitcoin.
489.
Post 8748379 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.11h):
Apple Pay!? Please don't disappoint me here.
490.
Post 8748499 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.11h):
99% of the world could use CC DC banks and apples new ipayfasterthenyou
not a shit will be given.
nothing changed.
Agreed. I don't use Apple products anyways but I was hoping for at least a mention of Bitcoin being allowed for their "Apple Pay" feature.
491.
Post 8751250 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.11h):
Relief rally, that the Apple Wallet announced at the Keynote is no threat.
Yea... I think that might not turn out to be so true (not that it would be an existential threat, but that it might cut into potential newbies). But, that seems to be how the market is taking it, sure.
Maybe people were worried Apple was making their own coin? Apple Pay could actually help Bitcoin I believe. Glad there is no Apple Coin though.
492.
Post 8763087 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.11h):
Good morning fellow Bitcoin addicts.
I am feeling pretty good about Bitcoin today.
I think I see the light at the end of the tunnel finally!
493.
Post 8763171 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.12h):
The S&P 500 is currently in a bubble.
The market cap of S&P 500 is 17.5 trillion dollars.
If only 1% of that money flows into Bitcoin, thats 175 billion adding to the market cap of Bitcoin.
Not saying it will happen, but it's a possibility.
I thought about that. With the ETF opens and it is easier for that money to flow in then it will have a very good chance of happening.
hopefully people are already considering it though.
494.
Post 8763267 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.12h):
Is this supposed to be a picture of all of us on the forum Adam?
I am the blond in front I guess.
495.
Post 8768229 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.12h):
Branson and Elon... and Bitcoin...
amazeballs
mothership is ready indeed.
(ps after Virgin Galactic is up and running, Branson is set to start working on developing a supersonic airliner that can travel up to 19,000 mph, NY to Tokyo in an hour... bring it, commuting to work will never be the same and let us pay for said flights in BTC)Yes! Flying to the other side of the world in a hour is a totally great innovation. I am going to India in a couple of months and I am not looking forward to the 21 hour flight. I am sure Branson will take Bitcoin for that too. Hopefully my Bitcoin buying power is a bit increase by then.
496.
Post 8768242 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.12h):
here comes the sell walls
bitfinex @480.6
the wall bigger than bigger
I would LOVE to see someone just eat all the walls at once. There has to be someone out there that knows where this is going and decides to jump all in.
497.
Post 8779745 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.12h):
wtf with this poll?
It is very unlikely that something better will come along than bitcoin.
The internet has been around for decades. A way of transferring value around was one of the first notions and it took until 2009 for this amazing concept(s).
No way something else is about to come along that.
Yes. This! I think it is time to start getting angry at whoever is putting up these stupid walls. We all know where Bitcoin is going. My advice to everyone is stop selling, start holding and keep on buying. The walls will come down!!!!
498.
Post 8797709 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.12h):
inching closer and closer to that massive wall
I think these super walls are bullish aren't they? Is it a last ditch effort to try to get cheap coins?
If only someone would just buy them all at once. That would be so much fun to see!
499.
Post 8797835 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.12h):
inching closer and closer to that massive wall
I think these super walls are bullish aren't they? Is it a last ditch effort to try to get cheap coins?
If only someone would just buy them all at once. That would be so much fun to see!
what's bullish is the lack of panic when these walls appear.
tells me all the "tourist" are gone.
i think the manipulator will try to push us down further, he wouldn't be selling 3K BTC on margin if he didn't plan to take it down lower after.
if he thinks he can make us panic sell because of lower and lower prices, hes gonna have a bad time....
seriously guys,
Hoist the Colours I am sure that they can use the large wall to test market sentiment. The fact that people are not panicking should signal that the wall is not really working. I guess it can work to a small degree and the person or entity can pick up a few more coins but it seems a risky move.
Or we could all be wrong and someone just wants to cash out their stash.
Regardless, this is looking good to me. One those walls are eaten or removed we are going to have some fun I believe!
500.
Post 8797919 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.12h):
Where is the 480 wall?
Now the depths are almost normal again, with red one being just a little more deep.
Aren't we supposed to have fun now? Where is the fun?
I am having fun watching that wall on Bitfinex being eaten right now.
501.
Post 8799071 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.12h):
look at this newbie, properly spelling "hodl", and such.
not sure what to say other then give this person a thumbs up.
An intelligent non-trolling newbie!? We are all speechless.
Welcome Tony from down under! My daughter is still upset we did not stop by Australia when we made a trip to visit some New Zealand relatives last Summer. She will have to go on her own sometime but it was quite a bit more money for that little side trip and really it is hard to see much of Australia in a few days.
502.
Post 8823466 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.12h):
Do you guys think now is a good time to buy?
If you have to ask the answer is Yes.
503.
Post 8849527 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.13h):
Damn, how many times I got to tell you guys?
The only reason price is still down at this level is because wall street is manipulating the market in one last ditch effort to buy cheap coins. Once they've had enough, they will allow natural organic growth to $1,000 and probably much higher.
Yes. This.
The same people that want to keep the price low will eventually want to pump it up. I am just surprised how patient they are and how long they have kept the price low.
504.
Post 8850464 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.13h):
When did I become a "hero member?" I must not have been paying attention. I must spend way too much time on here.
I wish the increase in price was tied to my post count.
505.
Post 8850497 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.13h):
When did I become a "hero member?" I must not have been paying attention. I must spend way too much time on here.
I wish the increase in price was tied to my post count.
My hero
Glad I have made a few friends on here. Not everyone is so kind.
506.
Post 8851506 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.13h):
Actually this bear market accumulates very high tension for an upcoming buble..
I didn't know Buble was into BTC?
507.
Post 8851831 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.13h):
When did I become a "hero member?" I must not have been paying attention. I must spend way too much time on here.
I wish the increase in price was tied to my post count.
From what I can tell, "Hero" status comes at activity level 490... and since you are Activity 532, Therefore, you would have turned "hero" 6 weeks ago...
YES you must have been a busy Bitchick..........
And, I am NOT sure whether being a busy Bitchick is better than being a busy penguin.
6 weeks ago? Wow. I am blonde I guess.
508.
Post 8851860 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.13h):
just hit mine... woohoo im worth 4-5 btc now
4-5 btc for hero status account?
I have a feeling a female's account would be worth less?
It would also be fairly obvious if I sold it! Or perhaps you would all become concerned about my spiritual well being?
509.
Post 8852338 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.13h):
6 weeks ago? Wow. I am blonde I guess.
I think it's spelled "blind."
Actually, it has been fun to watch several of my favourite posters become heros this summer. I think you all joined during the fun last spring and are finally coming of age. The class of 2013.
So with regards to Bitcoin am I a blonde leading the blind? That explains it all.
510.
Post 8854152 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.13h):
Because I think we are on the brink of some exciting things very soon here I would like to reminisce a bit.
For those of you that don't remember what it was like a year ago, Bitcoin had a pretty boring Summer. We had many posts about being tired of the price stagnation. Bitcoin wasn't appearing to go anywhere. It was very much a time like this one. I really don't think there was a huge sense of urgency to buy. Most people waited. The price did move a little after the Silk Road bust then rebounded to about $200 for a couple weeks. Many people thought it was just going to go back down. But then within a few short weeks the price rose to over $1000.
All this to warn newbies that things can change very quickly. It is almost like it happens when we least expect it. And don't be in denial when the price does start moving upwards that it will move back down. Sure, it could, but it could also move past our last ATH in a manner that is beyond belief. Just think about it.
There is a reason some of us are such devout holders.
511.
Post 8854317 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.13h):
Because I think we are on the brink of some exciting things very soon here I would like to reminisce a bit.
For those of you that don't remember what it was like a year ago, Bitcoin had a pretty boring Summer. We had many posts about being tired of the price stagnation. Bitcoin wasn't appearing to go anywhere. It was very much a time like this one. I really don't think there was a huge sense of urgency to buy. Most people waited. The price did more a little after the Silk Road bust then rebounded to about $200 for a couple weeks. Many people thought it was just going to go back down. But then within a few short weeks the price rose to over $1000.
All this to warn newbies that things can change very quickly. It is almost like it happens when we least expect it. And don't be in denial when the price does start moving upwards that it will move back down. Sure, it could, but it could also move past our last ATH in a manner that is beyond belief. Just think about it.
There is a reason some of us are such devout holders.
i don't hold bitcoin because i believe the story, I trust no one and question everything its in my nature, might be why i love to speculate, i hold bitcoins because there is a chance the story could be true. it makes sense.
but at 400$ who cares? pick wtv story you like, bitcoin is a speculation, a ponzi, a commodity, magic internet money, wtv, pick a story, and see
how far down the rabbit hole goes!
please poeple don't panic buy your life saving into this.... its an experiment, treat it as such.
But people are more apt to panic buy when the price is approaching the ATH then they are when the price is low and it has been stagnant.
So if you are going to panic buy, do it now!
(That said, invest only what you can afford to lose 100% of as Adam has so wisely pointed out)
512.
Post 8861927 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.13h):
Dipped again, bought again. Cheap coins for everyone who wants them!
Obviously no one
The fact that the price has been sustained at, or above $450 for a while, with more BTC being created daily, shows plenty of people want them.
513.
Post 8862534 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.13h):
Dipped again, bought again. Cheap coins for everyone who wants them!
Obviously no one
The fact that the price has been sustained at, or above $450 for a while, with more BTC being created daily, shows plenty of people want them.
Really ? I cant remember since when the price was/is sustained @ $450, wait... is it since the time it was $550 and you said we will never see $500 again, or is it since the time the price was $650 and you said you feel a bubble forming ?
cant really blame you, people are just desperate..... meanwhile lets do something fun, you ask your inspiration (risto, for readers who doesn't know) about how many coins he still hold and he have to sign a message were coins are contained ( lets see if he still hold the
6000+ BTC that he forgot to count once), and come back to me with the answer and I will make it more fun and interesting with few other facts.
I said the price was sustained "at or above" $450. Just trying to cover my bases there.
BTC is way undervalued right now. I am surprised we are under $500. When we finally do begin the next rally I am fairly certain we won't see $500 ever again. This is why people should see this opportunity and take advantage of it. That is all. Learn from the mistakes of some of us that did not expect the jump last year. Most people were not expecting the rise to over $1000.
I am not desperate BTW. BTC would have to drop way lower for me to be in the red. But patience during these down cycles is a very important virtue to have in this investment. And yes, Risto was the one that helped me the most last year to have a little patience. I might have panicked and sold off my investment at $100 in the Summer. That would have been totally depressing!
Edit: For those of you that think I have a cult like obsession with Risto, even though I repsect him wildly, I have not invested in Monero yet. He is a big proponent of it. I have not bought any alt coins yet. Maybe I am foolish not to though? He is generally right and he could certainly come back and say, "I told you so" on this.
514.
Post 8880134 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.14h):
We are right where we need to be.
The cards have been dealt.
I am actually in a very good mood.
This is the best the dumpers have got!? Looking at the big picture, we are in about the same spot we were last year before we had the last rally!
The next few weeks are going to be great!
515.
Post 8880165 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.14h):
..and in a few hours the chinese wake up...
let´s get ready to rumble!!
I live in Beijing and woke up to see this, oh boy what a day that lies ahead!
The "early bird catches the worm" so the saying goes. You can kick start the rally for us if you like.
516.
Post 8880190 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.14h):
now i thinking about suicide! (no joke)
---
That's everything I've found
Consider your decision.
best reply.
concerning the suicide thing: don´t. it´s only money. it is not as important as it seems.
live is shit without money!!!!!!!!!!
Bitcoin will go back up. This is just a test of our patience. It is always darkest before the dawn so they say.
517.
Post 8881997 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.14h):
Feel so sorry for those buying now
wish they understood elementary TA. That shit actually works..
No need for TA to see where we're going.
Where we are going we don't need TA!
518.
Post 8883099 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.14h):
Yeah... it seems to make sense for a possible explanation... speculators holding off until the last minute to take some funds and push them into the Alibaba P&D... so... question is... how much will come back to mumma Bitcoin and how soon?
Seems like win win, force market down with sell off, walk away with x amount of cash (and a BTC sold figure) profit from Alibaba pump, take profit and either
pop some in the hole in the water fund, or buy back same amount of BTC (at a now lower price) OR buy back even more BTC at a lower price.
You don't sell Bitcoins 1 day before IPO and also IPO is not for small guys. Bullshit mostly this as a reason, this was purely momentum triggered after nice work done the same way as many times before from the same wall-bear. But could still be some guys selling for IPO, but nothing spectacular.
Why not? sell BTC 1 day before the IPO, if you feel that BTC could go up a few more dollars? (or down? fair enough)
Also, many BTC speculators are .... well speculators... and the biggest IPO of all time is enough to draw in speculators, large and small... as long as they are active in trading in general, I can perfectly see traders taking the risk... it is more than plausible imo..
Most rational people would rather own shares of Alibaba than Bitcoins. At least Alibaba has fundamentals
Or maybe some of us realize we need to hold on to BTC without selling any and move some other stocks that are not performing well into Alibaba?
Buy both but definitely don't sell BTC right now!
519.
Post 8890468 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.14h):
Not sure if this has been said yet, but I think the price might rise substantially after the Alibaba IPO opens today. Many people may have sold coins and are holding it in Fiat. If and when the price goes past the amount they want to pay for the stock they will then take that fiat and reinvest it back into BTC as soon as they can. It will in essence cause a run up very quickly in Bitcoin as well.
We will see of course. . .
520.
Post 8890510 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.14h):
Not sure if this has been said yet, but I think the price might rise substantially after the Alibaba IPO opens today. Many people may have sold coins and are holding it in Fiat. If and when the price goes past the amount they want to pay for the stock they will then take that fiat and reinvest it back into BTC as soon as they can. It will in essence cause a run up very quickly in Bitcoin as well.
We will see of course. . .
Hmm... interesting what time IPO opens ? Lets hope You are right.
Supposed to open at any moment.
It is on LIVE at
https://www.nyse.com/bellI am trying to buy a little but I did not sell any BTC to do so. Just moving some funds from a Roth IRA over to it.
Should be interesting today . . .
521.
Post 8890551 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.14h):
Not sure if this has been said yet, but I think the price might rise substantially after the Alibaba IPO opens today. Many people may have sold coins and are holding it in Fiat. If and when the price goes past the amount they want to pay for the stock they will then take that fiat and reinvest it back into BTC as soon as they can. It will in essence cause a run up very quickly in Bitcoin as well.
We will see of course. . .
Hmm... interesting what time IPO opens ? Lets hope You are right.
Supposed to open at any moment.
It is on LIVE at
https://www.nyse.com/bellI am trying to buy a little but I did not sell any BTC to do so. Just moving some funds from a Roth IRA over to it.
Should be interesting today . . .
Now why would that cause the price to rise? Sorry I'm not getting it.
Many Chinese investors want to purchase. Easiest way for them to do so would be selling off BTC here in US somehow. They already sold to have fiat ready. This is pure speculation of course.
522.
Post 8890589 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.14h):
Share now trading at $96.42 a share, up more than 40%.
Holy crap..
It actually opened at $92.
523.
Post 8892428 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.14h):
699.99
599.99
499.99
399.99
...
None of these are natural exchange market numbers, where a market would naturally settle. They are 100% manipulated by whales trying to sucker more n00bs in.
There are no real buyers, only whales selling to each other. We are going down further.
thats what they want you to think!
next year its going to be the same storyonly much cheaper coin at a much higher price
Next year it will be:
There are no buyers. We are going down to:
6999.99
5999.99
4999.99
3999.99
And everyone will say "Bitcoin is dead!"
I guess I hope it dies then?
524.
Post 8896614 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.14h):
recomding all in, due to extreme butt hurt everywhere.
all in sir!!
Oh wait. I already was.
525.
Post 8896861 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.14h):
300s
gone foreverlol, I said that about the 400s a few months ago
My lips are sealed. I don't want to jinx this.
526.
Post 8928223 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.15h):
Not sure if this was posted yet, but Square announced that they will accept Bitcoin.
http://bankinnovation.net/2014/09/ceo-dorsey-says-square-will-accept-bitcoin/
527.
Post 8939767 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.15h):
Is there any precedent in terms of ATH as high as Bitcoin, then a crash as hard as the current one, and long term recovery into a lot higher heighs? can you find an asset that did this, ever?
Bitcoin is not a stock. Bitcoin is the honeybadger of money. Bitcoin does whatever it wants to.
We just have to enjoy the ride.
528.
Post 8939787 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.15h):
Goodbye Bitcoin it was nice knowing you !!!
Have just cashed out and dont think I will be coming back :-( seems like the whales are killing the geese that lay the golden eggs !!!
Just don't do it. Really. If you already did it, at least buy a little back in. Nothing is worse than watching a Bitcoin bubble from the sidelines, IMHO.
529.
Post 8942533 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.15h):
Goodbye Bitcoin it was nice knowing you !!!
Have just cashed out and dont think I will be coming back :-( seems like the whales are killing the geese that lay the golden eggs !!!
Just don't do it. Really. If you already did it, at least buy a little back in. Nothing is worse than watching a Bitcoin bubble from the sidelines, IMHO.
what bitcoin bubble? stop dreaming poeple, bitcoin is hurt bad, not saying its going to drop much further, but stop thinking its just going to magically go up in a bubblish way.
maybe next year.
When was this posted? Just a few hours ago!
can I now say, "I told you so!"
As a woman, I just love saying that.
LOL
530.
Post 8947841 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.15h):
But but but they said bitcoin was dead.
O.k. I am going to go on a limb and make a
bold prediction.
Five days from this post (date and time), we are going
above 8,888 pages in this thread, unless the post-dumpers go on a dumping rampage, for shits and giggles, then INEVITABLY they will NOT be able to dump beyond 8 days - therefore, the outside INEVITABILITY will be that this thread will go above 8,888 pages in 8 days from this post (date and time).
You heard it here, first!!!
No, I was first because I came up with the 8888 because Christine Lagardes 7777 did not work.
I said it over and over again.
8888 will be the bubble start
NO.... I am the first!!!! I invented the number 8,888, or at least I was the first to identify it in the wild.
9999.
Wait. No. I really don't want to wait that long.
531.
Post 8987621 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.16h):
Maybe it is time to pray everyone.
I seriously was praying that if there was anyone purposefully manipulating Bitcoin that they would stop. Perhaps I should now pray that they just manipulate it the other direction? I think that will be my prayer now!
I have a noble cause for wanting the price to go up. I am leaving for a mission trip in six weeks and we could use some more funds for a few things we want to do (medical camps, gifts for the elderly homes etc. . .) Although God can provide in ways other than pumping up the Bitcoin price, it would certainly be an easy way to get the much needed funds at this point.
532.
Post 8987704 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.16h):
Maybe it is time to pray everyone.
I seriously was praying that if there was anyone purposefully manipulating Bitcoin that they would stop. Perhaps I should now pray that they just manipulate it the other direction? I think that will be my prayer now!
I have a noble cause for wanting the price to go up. I am leaving for a mission trip in six weeks and we could use some more funds for a few things we want to do (medical camps, gifts for the elderly homes etc. . .) Although God can provide in ways other than pumping up the Bitcoin price, it would certainly be an easy way to get the much needed funds at this point.
I too have a noble cause... I want a Ferrari and a helicopter, or do you want me to take the bus everyday like now? No way! So, oh Mercury the almighty, indicate me the direction and I will follow it and sacrifice 10 puffy lambs in your blessed name. Amen.
Now if God answers my prayer, He will have to answer yours too.
I think He might say "no" now.
I do think it would be nice for you to have a car and not take the bus though. I will throw that in for ya in my prayer too. (the Ferrari might be a bit much)
533.
Post 8995455 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.16h):
It seems odd that we are back at $400 again. It probably has more to do with capitulation and how these bubble consolidations work than any other theory, but I still can't help but wonder if there are bigger players at work that are trying to keep the price "stable" or low for whatever reason. If these entities really do value Bitcoin's long term growth I would think that they would want to pump up the price a bit though instead of having those that have purchased coins and invested in BTC thinking, "it is going nowhere" and "We will never see $xxx.xx again." These newbies might just pull out their money and walk away, out of boredom or the belief that Bitcoin isn't doing anything. That belief in itself causes the price to not move.
All that said, are these whales, manipulators, companies, or whoever is keeping the price low, just shooting themselves in the foot by doing this? At some point they really need to let the price increase to improve the value of the coins they have I would think. (Unless they really don't care about the long term value of BTC anyways and are just trying to turn a quick profit. If that is the case they are terribly short sided I believe.)
534.
Post 8995568 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.16h):
That's the most meaningful thing you have ever posted on here!
535.
Post 8996100 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.16h):
Someone please wake me up when the ETF goes live
Do you really think ETF will boost the price of Bitcoin.
I do not believe on this theory.
An open door where millions of dollars can instantly be poured into Bitcoin easily? How can it not boost the price is the question!
536.
Post 8996259 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.16h):
An open door where millions of dollars can instantly be poured into Bitcoin easily? How can it not boost the price is the question!
BitChick, maybe a bit off-topic, but I'm wondering - about a little over a year ago, you and your husband were pouring your monthly savings all into Bitcoin. Are you still a permabull at this stage, and are you two still pouring every penny leftover each month straight into BTC?
We are definitely permabulls. However, there is not much left over to pour in at this point. We had a bunch of extra expenses this year (braces for one kid, new car for hubby, etc. . . ) It is frustrating to see the price at a good point and not have the liquidity to throw any more cash in.
But we haven't really sold any. Just holding, and holding, and holding. I think I am learning a little patience in all of this.
Now if the ETF opens we will move a small amount from a retirement account into it. I think many people will. Sure it is probably going to be considered "high risk" but with "high risk" often comes great reward.
537.
Post 8996374 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.16h):
We are definitely permabulls. However, there is not much left over to pour in at this point. We had a bunch of extra expenses this year (braces for one kid, new car for hubby, etc. . . ) It is frustrating to see the price at a good point and not have the liquidity to throw any more cash in.
But we haven't really sold any. Just holding, and holding, and holding. I think I am learning a little patience in all of this.
Now if the ETF opens we will move a small amount from a retirement account into it. I think many people will. Sure it is probably going to be considered "high risk" but with "high risk" often comes great reward.
Rather, with high risk comes the high probability of losing most of your investment (as this is practically the definition of 'high risk'), and merely a
small chance at great rewards.
Else your investment would've been low risk, obviously..
I remember you pouring everything you had into BTC when it was $1200. Gonna find that topic now and bump it for the education of others. Being perma-anything is a bad thing, and greed has obscured both your visions. The descision of never selling anything as BTC was reaching ATH's was clearly a bad one.
Never bought at $1200. Sorry to disappoint.
We thought about selling some at that price but we were concerned about capital gains taxes. They are lower if we hold the coins for a year or more. It wasn't quite a year yet.
This time around we will be fine.
I take some offense at your comment about "greed" though.
Hubby and I do our best to live our lives in a way that is generous. We give 10% to charity each month. I am going on a mission trip to India in six weeks, (partially funded by BTC). We never ever invested more than we could afford to lose 100% of and be fine. We just really believe that Bitcoin is revolutionary and worth pouring a decent sized investment into it. If it means we have to cut back on some things to do so, it is totally worth it!
538.
Post 8996460 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.16h):
We are definitely permabulls. However, there is not much left over to pour in at this point. We had a bunch of extra expenses this year (braces for one kid, new car for hubby, etc. . . ) It is frustrating to see the price at a good point and not have the liquidity to throw any more cash in.
But we haven't really sold any. Just holding, and holding, and holding. I think I am learning a little patience in all of this.
Now if the ETF opens we will move a small amount from a retirement account into it. I think many people will. Sure it is probably going to be considered "high risk" but with "high risk" often comes great reward.
Rather, with high risk comes the high probability of losing most of your investment (as this is practically the definition of 'high risk'), and merely a
small chance at great rewards.
Else your investment would've been low risk, obviously..
I remember you pouring everything you had into BTC when it was $1200. Gonna find that topic now and bump it for the education of others. Being perma-anything is a bad thing, and greed has obscured both your visions. The descision of never selling anything as BTC was reaching ATH's was clearly a bad one.
God spoke to her friend and told her to buy or something. She is bat shit crazy.
The good news is that God hasn't told us to sell yet.
539.
Post 8996522 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.16h):
Never bought at $1200. Sorry to disappoint.
We thought about selling some at that price but we were concerned about capital gains taxes. They are lower if we hold the coins for a year or more. It wasn't quite a year yet.
This time around we will be fine.
IIRC, you bought heavily throughout and after the bubble at prices well over double what it's currently at.
No. We made over 90% of our purchase of all of our BTC holdings before September of last year. We sold a very small amount here and there and repurchased as needed when extra expenses came around but I really don't want to give the amount paid. (we decided to hold extra cash in BTC and use as needed but "extra" cash is hard to come by with Christmas, new car payment, braces etc. . .) But we are well in the black. Bitcoin could never go above $390 for the rest of our lives and I would be so thankful that we decided to invest!!!
540.
Post 8996547 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.16h):
The good news is that God hasn't told us to sell yet.
What a laggard. I had told you better.
God is more patient than we are.
541.
Post 8996589 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.16h):
Never bought at $1200. Sorry to disappoint.
We thought about selling some at that price but we were concerned about capital gains taxes. They are lower if we hold the coins for a year or more. It wasn't quite a year yet.
This time around we will be fine.
IIRC, you bought heavily throughout and after the bubble at prices well over double what it's currently at.
I take some offense at your comment about "greed" though.
Take all offense you want, that simply is what it's called. Are you not trying to make buttloads of money?
It depends what the main goal is?
Would it be nice to have the freedom to do more things in life? Sure. Money is just a necessary tool that can be used for great good in the world. Money is useful and there are some things I would like to use it for, but there are many more important things in life than money! But we should be wise with it too. Some people think Bitcoin is a foolish investment. I think keeping all of my cash in USD and stocks could be a foolish investment. We put our trust in the wrong things sometimes.
542.
Post 8996618 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.16h):
No. We made over 90% of our purchase of all of our BTC holdings before September of last year. We sold a very small amount here and there and repurchased as needed when extra expenses came around but I really don't want to give the amount paid. (we decided to hold extra cash in BTC and use as needed but "extra" cash is hard to come by with Christmas, new car payment, braces etc. . .) But we are well in the black. Bitcoin could never go above $390 for the rest of our lives and I would be so thankful that we decided to invest!!!
The point I was making is that your permabull greed has cost you about 300% since last december:
It is not like we don't have a plan to sell, but just not yet. Next year most likely we will heed the advice of some smart people and begin to withdraw systematically.
If you even bought in before the bubble, and STILL didn't want to sell at extremely elevated prices, I don't know if I can find a better example of greed in this entire forum.
My point being that being perma-anything blinded by greed is a really bad trait and will cost you most, of which you are a perfect example.
So holding is greed? I tried day-trading and was horrible at it. So I learned my lesson in that!
There are only two things that matter in regards to Bitcoin- the price you pay and the price you sell. Since we have not sold yet how have I lost 300%? Sure, maybe I lost the potential but if I am still holding coins I could have made the best decision not to sell. Only time will tell at this point.
Why are you picking on me BTW?
543.
Post 8996643 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.16h):
The good news is that God hasn't told us to sell yet.
What a laggard. I had told you better.
God is more patient than we are.
I'm very atheist, but nevertheless this was a composed reaction
The Dump3er likes this freaky Jesus chick.
Freaky Jesus Chick likes Dump3er and other far more annoying posters/trolls. (of course God helps me with that
)
544.
Post 8996698 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.16h):
It depends what the main goal is?
Would it be nice to have the freedom to do more things in life? Sure. Money is just a necessary tool that can be used for great good in the world. Money is useful and there are some things I would like to use it for, but there are many more important things in life than money! But we should be wise with it too. Some people think Bitcoin is a foolish investment. I think keeping all of my cash in USD and stocks could be a foolish investment. We put our trust in the wrong things sometimes.
I'm not even saying wanting to make money is bad, I mean we're all here, are we not? I'm trying to make as much money as I can too.. I'm just using you as an example to the forum for how you can make buttloads of hypothetical money and then still lose most of it due to tunnel vision and stubbornness in your beliefs.
I could lose every penny I have and that would be OK, really. I can't trust in money. We trust in money too much in this world unfortunately.
I think I do enjoy the adrenalin rush a little too much during a bubble though. Perhaps that is wrong? That could be greed.
I need to think about that. It is perhaps an area in my life I should pray about.
If you think I am stubborn about Bitcoin, don't even get me started about my Christian beliefs.
545.
Post 8996786 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.16h):
It depends what the main goal is?
Would it be nice to have the freedom to do more things in life? Sure. Money is just a necessary tool that can be used for great good in the world. Money is useful and there are some things I would like to use it for, but there are many more important things in life than money! But we should be wise with it too. Some people think Bitcoin is a foolish investment. I think keeping all of my cash in USD and stocks could be a foolish investment. We put our trust in the wrong things sometimes.
I'm not even saying wanting to make money is bad, I mean we're all here, are we not? I'm trying to make as much money as I can too.. I'm just using you as an example to the forum for how you can make buttloads of hypothetical money and then still lose most of it due to tunnel vision and stubbornness in your beliefs.
I could lose every penny I have and that would be OK, really. I can't trust in money. We trust in money too much in this world unfortunately.
I think I do enjoy the adrenalin rush a little too much during a bubble though. Perhaps that is wrong? That could be greed.
I need to think about that. It is perhaps an area in my life I should pray about.
If you think I am stubborn about Bitcoin, don't even get me started about my Christian beliefs.
Shut the fuck up you attention seeking whore.
dude we're just chatting here...
It's OK Adam. I am used to it. I post on some "Off Topic" thread on religion and it can get ugly.
I am usually outnumbered in my thinking for sure! Plus I am female!
What am I even doing on this thread!?
546.
Post 8996812 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.16h):
I could lose every penny I have and that would be OK, really. I can't trust in money. We trust in money too much in this world unfortunately.
I think I do enjoy the adrenalin rush a little too much during a bubble though. Perhaps that is wrong? That could be greed.
I need to think about that. It is perhaps an area in my life I should pray about.
If you think I am stubborn about Bitcoin, don't even get me started about my Christian beliefs.
I already figured it'd be best to leave religion out of this for the sake of not putting a bomb under this topic.
There is no god and bitcoin will hit $32 by Christmas. Discuss:D
No. No. End of discussion.
547.
Post 8996853 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.16h):
It depends what the main goal is?
Would it be nice to have the freedom to do more things in life? Sure. Money is just a necessary tool that can be used for great good in the world. Money is useful and there are some things I would like to use it for, but there are many more important things in life than money! But we should be wise with it too. Some people think Bitcoin is a foolish investment. I think keeping all of my cash in USD and stocks could be a foolish investment. We put our trust in the wrong things sometimes.
I'm not even saying wanting to make money is bad, I mean we're all here, are we not? I'm trying to make as much money as I can too.. I'm just using you as an example to the forum for how you can make buttloads of hypothetical money and then still lose most of it due to tunnel vision and stubbornness in your beliefs.
I could lose every penny I have and that would be OK, really. I can't trust in money. We trust in money too much in this world unfortunately.
I think I do enjoy the adrenalin rush a little too much during a bubble though. Perhaps that is wrong? That could be greed.
I need to think about that. It is perhaps an area in my life I should pray about.
If you think I am stubborn about Bitcoin, don't even get me started about my Christian beliefs.
Nonsense, your christian belief is adapted to fit your own desires. Greed of money is your belief. So nope, you are not stubborn, actually you are very flexible. The quotes I pasted clearly disagree with you praying about bitcoin price going up. No? Please refute me.
There is the dilemma I guess. Money in of itself is not evil. The LOVE of money is evil. Do I love money? I think it is hard not to be tempted by the comfort it can bring for sure. I wrestle with this. I am going to India in six weeks and I will be hit in the face and greatly humbled by those that can live lives of complete contentment and even joy with far less than I have. So in a way you are right. It is an area that I probably have some issues with, especially growing up in a rich area in the United States that is surrounded by every luxury we could ever want.
Why do I want the price to go up though? Well, I really wanted to bring a few thousand dollars more with me to India for one thing. Also, I would love to send both my daughters to great Christian colleges at some point, which is pricey and I don't have the funds to do that either. Also, my husband would really like to work at home and has some projects he is interested in doing but doesn't have the time to do them. I would like to think my motives are fairly pure, but maybe they are not. It is something I should consider.
548.
Post 8996899 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.16h):
...
Plus I am female!
What am I even doing on this thread!?
Are you even allowed on the internet??
I think if I posted a picture of my butt in a thong I would be OK.
(I could even get away with quoting Bible that way too perhaps.
)
Edit. . . leaving thread now as it degenerates in seconds 3, 2, 1
549.
Post 8997077 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.16h):
There is the dilemma I guess. Money in of itself is not evil. The LOVE of money is evil. Do I love money? I think it is hard not to be tempted by the comfort it can bring for sure. I wrestle with this. I am going to India in six weeks and I will be hit in the face and greatly humbled by those that can live lives of complete contentment and even joy with far less than I have. So in a way you are right. It is an area that I probably have some issues with, especially growing up in a rich area in the United States that is surrounded by every luxury we could ever want.
You almost sound smug beforehand, as if you're being a better person by deciding to go somewhere where people are poor, and already portraying yourself as 'being humbled' before you even went.
As a critically thinking Christian (a rear breed indeed), I can assure you that the vast majority of Christians do see themselves as "better". But, I also think most of them are fools who take the wrong things literally while ignoring the crucial truths that can be found in religious texts of all creeds.
@BitChick, while you're in India PLEASE do more listening than talking, especially about religion.
I am sure I am going with a pre-conceived idea of what will happen and sure, I might be totally smug too. I might be a greedy, selfish, self indulgent person that cannot even see her own hypocrisy and I need a good kick in the pants and hopefully this little trip, or other things in my life, will help me see the areas I am blind to. That is my prayer anyways.
We are going to be doing various things in India, not just "talking." We are putting in some water wells, visiting orphans and some other humanitarian outreaches. I am actually going to be singing too, at least one song in their language, for a women's conference we are having with 500 women or so attending. I was asked to talk. It is humbling to do so really, so I have to admit that I will be doing some "talking." It will be translated into Telugu. It seems weird to go as a westerner to speak to Dalit women in India, but they are not used to American women even going there and in a way they are happy we are even coming. (we are funding the entire event too. Some of these women have never even been on a retreat at all so this is a huge even for them! Regardless of what I say, or if it even irrelevant, the retreat itself will mean so much to them I hope!)
550.
Post 9010431 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.17h):
If you think you had a bad day...
...my "8888" post is on page 8887 now
I said to myself: "Self, Oh SHIT, your 8,888 page post is on page 8,889"; however, NOW, my 8,888 page post is on page 8,888 - however, I expect that ONLY to be a temporary state of good fortune.
You should hodl your posts!!! I waited until page 8893 to post my page 8888 post.
See how that works!?
551.
Post 9010885 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.17h):
At times like these I like to go to
http://fiatleak.com/For some reason it makes me happy.
552.
Post 9021124 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.17h):
What does Circle news mean?
Can anyone buy with any credit card?
By any credit card I mean VISA or Mastercard
Yes. In many countries it works with just a credit card. Here is a thread on Reddit that is discussing which countries people have used it in so far:
http://www.reddit.com/r/Bitcoin/comments/2hs8wa/can_we_make_a_list_of_countries_which_circlecom/
553.
Post 9021208 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.17h):
Lol, found a HODL!
I guess Spaniards are intelligent.
554.
Post 9023367 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.17h):
So who believes it will break the previous $340 low of April? I think? If it does then not much to stop it falling a lot further.
lets ask the magic 8 ball.
"Outlook Good"
well there you have it!
Several years ago my husband was at work and they were discussing which email client they should sign up with. They were having trouble deciding which one to choose so he shook the magic 8 ball on the desk and saying, "Should we go with Microsoft?" The ball said, "Outlook Good." True story!
555.
Post 9032894 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.17h):
2300BTC wall
C'mon someone. Buy it all at once. I would love that!!!
556.
Post 9033234 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.17h):
2300BTC wall
C'mon someone. Buy it all at once. I would love that!!!
What just happened? Did I miss it!? I was in the "Off Topic" thread. I guess I should have stayed plugged in here with popcorn in hand!!
557.
Post 9035437 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.17h):
Just to play devils advocate for a second, a blip doth not a bubble make.
Right?! I was told by my husband not to even mention any rise in price until it reaches $680.
Hopefully I can give him some good news soon here though.
558.
Post 9037043 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.18h):
Very true, Adam, absolutely. However, it is quite obvious to me the argument for BTC to be undervalued is significantly more outrageous than it is for it to be overvalued.
I've always said bitcoin is beautiful, and was needed. Blockchain is an invaluable technology, and it's core currency itself has been tremendously useful in streamlining & simplifying online payments - What would we do without it.
That being said, unfortunately, great value does not automatically equate great price. For price is fundamentally derived entirely from supply & demand, whether or not those last two happen to be affected by market manipulation, good/bad news, external unusual circumstances, asset allocation, or hashing developments/crypto-economics.
And thus, one shouldn't buy BTC because they perceive it as 'more useful' and sell it when seen as 'useless'. I can 'believe in bitcoin' & use it to make money seamlessly, yet still expect further price drops and hold no hope for some grand bubble to rescue bagholders. The market's ebbs & flows from 2009 up to 2013 were quite natural/organic for the most part and justified by the budding crypto-economic ecosystems springing up everywhere. Starting w/ the Goxbots' 2013' antics, however, that statement starts becoming tenuous to make.
Keep in mind though, BTC offers unparalleled opportunities for altcoin pump events, pseudonymous leveraged trading, and gambling - All of which I use to a major extent, so I actually would love nothing more than to be wrong. For yet another 1000% to come save us, right out of Wonderland.
But I can't responsibly have the cognitive dissonance of warping my reasoning to project, place faith in, pray for, more clockwork repeats of the same pattern, yet at far higher nominal price points which make it a lot harder to accomplish, which is why the Willy/Markus bots were even needed in the first place for the last run-up.
That's because the price is denominated in, and raised by, fiat currency. You either have to fractionally fake users' fiat balances on your exchanges, or find more and more money to reach buywalls in order for it to rise. Those dollar bills/euro's/RMB's aren't %-based, and they're not infinite, except to the banks and governments, who generally have no need to bother with cryptocurrency, when they already hold the power of money creation. That means looking at old patterns that happened at price & adoption / manipulation levels orders of magnitude lower than now, and expecting the same % gains in 'the next bubble', is a logical fallacy - money functions according to a linear, geometric basis - it is not exponential, not %-based.. !!!
And that, is why it's so much harder to go from $300-700 to $2500-7500, than it is to reach 10x from $116.
Which forms the basis of my actual expectations for the years to come : Unless the equities (stocks etc) markets experience another shattering collapse (a mere shock, a predictable solid correction to the multi-year bullish US Index & global Stock Indices, is not enough to qualify) ; Unless a major financial, geopolitical (major war), environmental (asteroid collision, zombie/ebola apocalypse) or technical (absolutely fundamental engineering / development changes in bitcoin or crypto) event seriously damages public perception & reliance on fiat currency in a long-lasting meaningful way, forcing huge numbers of non-adopters to not merely be interested / intrigued by crypto, but truly need to make it a permanent, critical part of their daily lives ; There cannot be a big bubble.
A $4k-100k price dream requires something to give in the crypto/fiat status quo. Until such an extreme series of events comes to pass, I foresee many small mini-bubbles, quite like the one from $400's to $600's in Q2 this year. Coupled with the possibility of a larger one, just once, to perhaps $1525-2175. Then the experiment is matured. The rocket has landed.
Because money is nominal, not exponential.
Thousands of pages of rubbish and then a true gem.
Great post.
Nanobrain, I seem to remember posts like these before the last two bubbles. The same logic was there, that it was harder to go from $X.XX to $XXX.00 and so on.
But Bitcoin is the honey badger of money. Bitcoin does not care about what is logical or even what makes sense. It rises when it wants to in mind blowing ways. I don't believe we will see a "mini-bubble" it will be a bubble beyond our belief. I believe, based mostly on knowing how humans work and the greed at play, that when the price beings to rise there will be people that have been waiting on the sidelines because they were unsure of what was going to happen, panic buying. With the panic will come hysteria. As the thousands of newbies that have not yet experienced a bubble yet see how quickly the price can rise watch they will suddenly throw caution to the wind and throw in what they can as well. It will be crazy. It will make no sense and Bitcoin will probably be overvalued at that point.
All that said, TO THE MOON.
559.
Post 9037506 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.18h):
Awesome, precisely what I was getting at - I'm far from another 'Cut your loose' fanatic like 'falllling' just hoping for a $0-Crash - I just want people to stop deluding themselves in a blind religious haze while going to BitCoin Church with BitChick, and like you said Adam - Actually contribute towards putting into place, or at least understand, the groundwork that's obviously required before another gravity-defying bubble.
Regarding your argument BitChick, the thing is with every passing previous bubble and subsequent cooling phase, it's ironically also gotten exponentially more difficult for the cynics to be proven wrong yet again by a follow-through epic bull-run.
One thing I forgot to mention though is, the legacy Gox's bots left us with is one of 'Fake it 'till you make it' such that with last year's exploding limelight came hundreds of millions $$ poured into all facets of crypto-infrastructure & the underlying economies so thanks to that, it's very plausible to think the true fair market price of 1 BTC may be more than double 2013's mid-year average in the low $100's.
So in the coming months $245-270 sounds like a good bottom, from $360-410. The infamous +1000% 12-18month figure, from a ~$250 price point, would lead right up to $2500 - Exactly where my 'off-chance moderate bubble' estimate was at ;p
I might be wrong. Nothing is guaranteed with regards to Bitcoin. Most of us figured we would have had another Bitcoin bubble by now. But there are various things to consider. We had Gox fail, China banning BTC, a more cynical sentiment because of the decline as to the value of BTC, but I see things finally changing. The news is getting much more positive. We are seeing things that we were just waiting for starting to happen. This hasn't caused the run up in price that we would like yet but the ground work is being laid. People are asking me more about Bitcoin and it is appearing they are sincerely interested. The next "bubble" or "rally" should be a great one. There has been some pent up frustration just waiting for it to happen.
560.
Post 9037805 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.18h):
Nanobrain, I seem to remember posts like these before the last two bubbles. The same logic was there, that it was harder to go from $X.XX to $XXX.00 and so on.
But Bitcoin is the honey badger of money. Bitcoin does not care about what is logical or even what makes sense. It rises when it wants to in mind blowing ways. I don't believe we will see a "mini-bubble" it will be a bubble beyond our belief. I believe, based mostly on knowing how humans work and the greed at play, that when the price beings to rise there will be people that have been waiting on the sidelines because they were unsure of what was going to happen, panic buying. With the panic will come hysteria. As the thousands of newbies that have not yet experienced a bubble yet see how quickly the price can rise watch they will suddenly throw caution to the wind and throw in what they can as well. It will be crazy. It will make no sense and Bitcoin will probably be overvalued at that point.
All that said, TO THE MOON.
Hiya hon,
I know what you mean but surely the reasons you posted a bit later down the page show the resistance to wider adoption is far greater than you think. Gox is still fresh in the public's mind and its pretty clear the last ATH was mostly down to Mark and his bots trying to bail himself out of sinking ship.
At least the thesis posited by 'Post-Cosmic' has some logic behind it.
I find statements like
Bitcoin is the honey badger of money to be pretty hollow. Everything you say above is based on people getting greedy and I suspect, you selling and making some money. Every bubble there are a big pile of losers who end up with over-priced assets as the price shrinks back -- its not good for any economy (BTC, housing, whatever). And each time this process happens those people tell their friends and family etc.
This obsession with bubbles rather than slow steady growth must surely counter-productive. The more price stability we achieve the more people are going to actually use BTC and personally a much narrower range of trading would make me far happier.
I never said bubbles were healthy, or even desirable. (As a long term holder, I would be perfectly content with a nice slow and steady price increase everyday.
) However, until we reach full adoption I think they are inevitable, due mostly to human nature of panic buying during the bubble cycles.
561.
Post 9043737 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.18h):
He left out the 2k walls that the guy put up to stall the rally. Every time the price dipped below the next 5USD level, he moved his walls down.
With no evidence, I have always believed the guy killed off either a bubble or a rise to a "normal" level of 800USD.
Instead, we have seriously damaged the reputation of btc by crashing down to the 300's.
Edit: I see no reason to read /r/bitcoinmarkets. Short trolls and book talking dominate the subreddit. This thread has several of the major whales in it (please don't delete my post again, you know it is true) and I am entertained reading what they say about price changes.
Aren't the whales worried at all about the fact that these dumps are causing some people to seriously give up and walk away from Bitcoin? I would think that they would hope, at some point, for the price to rise. If more buyers just walk away with no intention to return the whales could just be shooting themselves in their own foot with these dumps. I can understand their desire to use their stash of coins to make more, but they can manipulate the market at a higher point later just by giving the market some "breathing room" and letting it rise. But what do I know?
Just a small holder here.
562.
Post 9044031 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.18h):
He left out the 2k walls that the guy put up to stall the rally. Every time the price dipped below the next 5USD level, he moved his walls down.
With no evidence, I have always believed the guy killed off either a bubble or a rise to a "normal" level of 800USD.
Instead, we have seriously damaged the reputation of btc by crashing down to the 300's.
Edit: I see no reason to read /r/bitcoinmarkets. Short trolls and book talking dominate the subreddit. This thread has several of the major whales in it (please don't delete my post again, you know it is true) and I am entertained reading what they say about price changes.
Aren't the whales worried at all about the fact that these dumps are causing some people to seriously give up and walk away from Bitcoin? I would think that they would hope, at some point, for the price to rise. If more buyers just walk away with no intention to return the whales could just be shooting themselves in their own foot with these dumps. I can understand their desire to use their stash of coins to make more, but they can manipulate the market at a higher point later just by giving the market some "breathing room" and letting it rise. But what do I know?
Just a small holder here.
Same question I have BitChick. It really seems as if more is going on here than just a whale with a lot of coins selling. Someone seems to have an endless supply of coins and is actively trying to suppress a market that would naturally rise if not for the massive sell walls. If they are trying to destroy market confidence, I say it's likely working so far.
Remove those walls, and I guarantee that we'd be at 500+ in 2 weeks, and with rising volume.
But no... don't even so much as breathe the word 'manipulation' on these sub, lest you get completely ridiculed and called a tinfoil hat wearer. Even though the whales' intentions are so obvious an 8-year old could figure it out with the data.
I have heard several large companies, such as Coinbase, mention that they were concerned that price volatility would cause some people not to use Bitcoin. I took that to mean that perhaps they were going to be actively trying to keep the price stable. The question though would be that in trying to provide "stability" are they just causing people to choose not to invest in BTC at all? We are still so early in this that one of the attractive benefits of BTC is that we are early and there are large increases in price that can happen. Sure, when the market is more saturated and we have greater adoption and use worldwide then a more stable price would be desirable, but during this growth phase we need to stimulate interest and nothing stimulates that more than a nice bubble!
563.
Post 9044179 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.18h):
But no... don't even so much as breathe the word 'manipulation' on these sub, lest you get completely ridiculed and called a tinfoil hat wearer. Even though the whales' intentions are so obvious an 8-year old could figure it out with the data.
I'm of the opinion that a large buyer is purchasing off exchange blocks and dumping on exchanges to build a massive and cheap stash. Nothing else makes much sense. Sure people panic but many of the sales come when you would least expect someone to panic
This guy already has a massive stash. This behaviour is not of someone selling to buy back cheap. It just isn't.
It's not buying back. It's setting his price on exchanges so he can buy off-exchange.
Miners / bitpay, ect use exchange prices to sell blocks. Drive down the exchange price and you get a lot more btc for your money
You would think that the miners could figure out a way to manipulate the price upwards then, for their own benefit? Perhaps seriously slowing down mining when the price is this low or using some cash reserves to pump up price to sell higher?
564.
Post 9057639 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.18h):
The rise from 2011 - 2014 will pale in comparison between the rise from 2014 - 2016. That is how exponential growth works.
More people than ever have been exposed to bitcoin now. It is only a matter of time before the explosion hits.
Price could increase by more than $1,000/day. Don't miss it.
I am a permabull. I am a long term holder. I believe in BTC will have another big bubble but $1000/day!? Even I have a hard time wrapping my brain around that.
But, OK. So be it!
565.
Post 9059786 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.18h):
367.8!
Maybe it is a good think Bitcoinwisdom is down right now. I can just ignore this little drop in price a little longer.
These retests of the low price or "double bottoms" are supposedly a good thing right?!!!
566.
Post 9059855 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.18h):
367.8!
Maybe it is a good think Bitcoinwisdom is down right now.
I can just ignore this little drop in price a little longer.
These retests of the low price or "double bottoms" are supposedly a good thing right?!!!
you can try!
I think I have been ignoring them for a while now anyways. What is a few more days, months, years? HODL!!!
567.
Post 9059981 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.18h):
367.8!
Maybe it is a good think Bitcoinwisdom is down right now.
I can just ignore this little drop in price a little longer.
These retests of the low price or "double bottoms" are supposedly a good thing right?!!!
you can try!
I think I have been ignoring them for a while now anyways. What is a few more days, months, years? HODL!!!
if the market isn't being manipulated down for the sole purpose of buying back lower, its going to take years to recover...
In the next 24h we will probably experience which one is about to come true.
yes the next 24 hours are absolutely Critical absolutely
568.
Post 9067451 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.18h):
Anyone notice that risto has been quiet lately? I guess he's picked up the carpet bag and is on to his next swindle, now that monero also proved to be a pump and dump scheme.
"rpietila Calling the Bottom"
https://bitcointalk.org/index.php?topic=740394.0 Sad that a few people here actually still listen to this guy.
Been a whack job since day 1. Lucky early adopter that's probably losing everything he made one day at a time until he's broke.
I think he brokers trades for others which probably means he comes out ahead no matter what happens.
Until we break $340, he's not wrong.
lol
I wonder how much fiat did that clown burn til now.
He can always sell Mala Towers or whatever his mansion is called.
I am sure Risto has better things to do than hang out on this thread.
He did post this yesterday:
https://bitcointalk.org/index.php?topic=400235.msg9059481#msg9059481Unless we make a significant new low (below $266 would qualify), we have just made a multi-month double bottom, an incredibly bullish signal, way more bullish than the 1-month double bottom at $2 in 2011.
As usual, his comments are helpful in keeping me level headed in all of these drops!
569.
Post 9071855 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.18h):
I haven't heard much about the Bitcoin ETF lately. There seemed to be some consensus that it would open by the end of 2014. Maybe an "entity" of some sort knows something the rest of us do not know yet? This would explain a lot about why the price is being desperately pushed down.
570.
Post 9071944 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.18h):
I haven't heard much about the Bitcoin ETF lately. There seemed to be some consensus that it would open by the end of 2014. Maybe an "entity" of some sort knows something the rest of us do not know yet? This would explain a lot about why the price is being desperately pushed down.
desperately?
what is wrong with you guys/chiks? this is some healthy selling.
maybe you all need one big fat red daily 100 k dildo to understand what is going on. but we will be sub 300 by then.
As long as I am holding and not selling (or just buying at these prices) the "whales" are the desperate ones. They are doing everything they can to try to pry my hands open but as I holder I am not giving my "power" away.
Hold on! Make those whales suffer.
571.
Post 9071975 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.18h):
I haven't heard much about the Bitcoin ETF lately. There seemed to be some consensus that it would open by the end of 2014. Maybe an "entity" of some sort knows something the rest of us do not know yet? This would explain a lot about why the price is being desperately pushed down.
i think they keep filling it and it keeps getting rejected, someone posted a link the other day and you could see them filling it every few months.
not sure if legit or even how these things work tho...
maybe regulators are waiting for the "bottom" to open it up to the public?
idk.
SEC rejects application for Winklevoss COIN ETF due to Bitcoin's apparent slide toward death. More news at 11.
/sarcasmNow that would depress me! But things were looking good, especially with the hiring of Kathleen Moriarty, a lawyer that has had great success in getting ETFs pushed through, even ones that are not as valid as a Bitcoin ETF would be. Just my thoughts. Patience people.
572.
Post 9072088 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.18h):
I haven't heard much about the Bitcoin ETF lately. There seemed to be some consensus that it would open by the end of 2014. Maybe an "entity" of some sort knows something the rest of us do not know yet? This would explain a lot about why the price is being desperately pushed down.
i think they keep filling it and it keeps getting rejected, someone posted a link the other day and you could see them filling it every few months.
not sure if legit or even how these things work tho...
maybe regulators are waiting for the "bottom" to open it up to the public?
idk.
SEC rejects application for Winklevoss COIN ETF due to Bitcoin's apparent slide toward death. More news at 11.
/sarcasmNow that would depress me! But things were looking good, especially with the hiring of Kathleen Moriarty, a lawyer that has had great success in getting ETFs pushed through, even ones that are not as valid as a Bitcoin ETF would be. Just my thoughts. Patience people.
You are expecting too much of the news and some minor events (spotted multiple times). This market is not run by the news.
True. News hasn't seemed to effect the price much lately, and perhaps you are right that my expectations are unrealistic.
But I think that the ETF will be a little different in that it opens a door for a different kind of investor to get involved with BTC and there are millions of dollars that could very easily be thrown into BTC in a matter of days or weeks.
573.
Post 9072123 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.18h):
...
As long as I am holding and not selling (or just buying at these prices) the "whales" are the desperate ones. They are doing everything they can to try to pry my hands open but as I holder I am not giving my "power" away.
Hold on! Make those whales suffer.
>Unchecked love of money
>Christianity
Eww.
Just because I am "christian" does not mean that I cannot be a women that fears God and invests in something:
From proverbs 31: 16 She considers a field and buys it;
with the fruit of her hands she plants a vineyard.
17 She dresses herself with strength
and makes her arms strong.
18 She perceives that her merchandise is profitable.
]I perceive Bitcoin as profitable. That is all. It is not wrong. The Lord gives and the Lord takes away. If Bitcoin goes to zero tomorrow, at least I was looking for something I perceived as "profitable" and I have done nothing wrong.
Why such hate?
574.
Post 9072244 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.18h):
There were tons of people here saying that we will not see 300's again. Where are you all now?
Actually, a few months ago, there were tons of people here saying we would never see the 500's again as well. And when we were above 1000, there were tons of people here saying we would never see sub 1000 prices again. A lot of the regular posters here actually said such things.
At least a few of those people now claim we're going to 10k by Christmas.
The lesson is this: Never listen to the bulltards and cultists.
I confess. I was one of them. Here I am. But there will come a day when we won't see these prices again. It can happen quickly and we might even think it will go back down (when we left the 100s many people figured we would eventually go back there but we never did. It happened quickly too)
There is a reason we say these things. But, hey, you don't have to listen to us.
575.
Post 9072309 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.18h):
...
As long as I am holding and not selling (or just buying at these prices) the "whales" are the desperate ones. They are doing everything they can to try to pry my hands open but as I holder I am not giving my "power" away.
Hold on! Make those whales suffer.
>Unchecked love of money
>Christianity
Eww.
Just because I am "christian" does not mean that I cannot be a women that fears God and invests in something:
From proverbs 31: 16 She considers a field and buys it;
with the fruit of her hands she plants a vineyard.
17 She dresses herself with strength
and makes her arms strong.
18 She perceives that her merchandise is profitable.
]I perceive Bitcoin as profitable. That is all. It is not wrong. The Lord gives and the Lord takes away. If Bitcoin goes to zero tomorrow, at least I was looking for something I perceived as "profitable" and I have done nothing wrong.
Why such hate?
Price going down is good for you:
"Again I tell you, it is easier for a camel to go through the eye of a needle than for someone who is rich to enter the kingdom of God." Matthew 19:24
If you become rich you go to hell.. just saying. And that quote about manual honest labour is not comparable to this investment scheme you got going on (make everyone else work for your riches).
Like a good christian she cherry picks only certain parts of the bible that she can live with. Others, like yours, are simply ignored.
Seriously? I try very hard not to pick and choose. Yes, it is easier for a camel to go through the eye of a needle than for a someone who is rich to enter the kingdom of God. But you forgot the next verses after that which are: 25When the disciples heard this, they were greatly astonished and asked, “Who then can be saved?” 26Jesus looked at them and said, “With man this is impossible, but with God all things are possible.”
Thankfully even I can be saved!
Although there are many that are much richer than I (especially today!) But the point is that our riches can be a distraction and we can trust in our money more than we trust in God. Also, it is the LOVE of money that is the root of all evil, not money. There were many rich people in the Bible that did great things and God used them and their riches to help others. It is a tool. That is all. I don't want to get into this more. It will just annoy people. No one wants to discuss religion on here usually, even if it could get our minds of the price right now.
576.
Post 9072386 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.18h):
...
As long as I am holding and not selling (or just buying at these prices) the "whales" are the desperate ones. They are doing everything they can to try to pry my hands open but as I holder I am not giving my "power" away.
Hold on! Make those whales suffer.
>Unchecked love of money
>Christianity
Eww.
Just because I am "christian" does not mean that I cannot be a women that fears God and invests in something:
From proverbs 31: 16 She considers a field and buys it;
with the fruit of her hands she plants a vineyard.
17 She dresses herself
with strength
and makes her arms strong.
18 She perceives that her merchandise is profitable.
I perceive Bitcoin as profitable. That is all. It is not wrong. The Lord gives and the Lord takes away. If Bitcoin goes to zero tomorrow, at least I was looking for something I perceived as "profitable" and I have done nothing wrong.
Why such hate?
I hate hypocrites like you. You make Christianity seem trivial and absurd. Stop claiming to be a Christian and quoting verse. You are sick, money changer.
And when thou prayest, thou shalt not be as the hypocrites are: for they love to pray standing in the synagogues and in the corners of the streets, that they may be seen of men.Thankfully God will be the judge of that. Many will hate me, and obviously many do, but that is OK. People didn't like Jesus either so I am in good company.
Still, I am not sure why you are so annoyed. Why can't I just believe what I want. Why is it so horrible that a female Christian is investing in Bitcoin and sees it as a great opportunity?
577.
Post 9073178 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.18h):
Okay here is a theory for comment.
What if a fund is cashing out for tax purposes because today is the end of the fiscal year?
In other words, window dressing?
If so, tomorrow or Monday they start buying it all back.
If this is true and they are on the West Coast of US, then the dumping will stop in about a half hour.
I thought that September 30th was fiscal year end. Is there a three day grace period?
578.
Post 9073197 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.18h):
Okay here is a theory for comment.
What if a fund is cashing out for tax purposes because today is the end of the fiscal year?
In other words, window dressing?
If so, tomorrow or Monday they start buying it all back.
If this is true and they are on the West Coast of US, then the dumping will stop in about a half hour.
I thought that September 30th was fiscal year end. Is there a three day grace period?
isn't more like 3 month "grace period" ?
Nooooooooo! 3 more months!
Selling. . . .
edit: Just kidding of course. But if the whale sees that such a long term uberbull hodler is selling I might convince him the bottom is in.
579.
Post 9073254 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.18h):
Okay here is a theory for comment.
What if a fund is cashing out for tax purposes because today is the end of the fiscal year?
In other words, window dressing?
If so, tomorrow or Monday they start buying it all back.
If this is true and they are on the West Coast of US, then the dumping will stop in about a half hour.
I thought that September 30th was fiscal year end. Is there a three day grace period?
fiscal years end on a Friday so Oct. 3.
Wow! That is really insightful. We shall see soon if this was the cause of today's dump.
580.
Post 9073309 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.18h):
Okay here is a theory for comment.
What if a fund is cashing out for tax purposes because today is the end of the fiscal year?
In other words, window dressing?
If so, tomorrow or Monday they start buying it all back.
If this is true and they are on the West Coast of US, then the dumping will stop in about a half hour.
Question, would the fund, or business, or whoever is dumping before the fiscal year end buy back the following day? Can they wait until after 5:00PM or do they need to wait until midnight?
I think there is definitely some validity to this theory.
581.
Post 9073381 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.18h):
Okay here is a theory for comment.
What if a fund is cashing out for tax purposes because today is the end of the fiscal year?
In other words, window dressing?
If so, tomorrow or Monday they start buying it all back.
If this is true and they are on the West Coast of US, then the dumping will stop in about a half hour.
Question, would the fund, or business, or whoever is dumping before the fiscal year end buy back the following day? Can they wait until after 5:00PM or do they need to wait until midnight?
I think there is definitely some validity to this theory.
Bitchick:
I believe that your leg is being pulled - there is no extension of the fiscal year... most of the time the end of the fiscal year is going to be September 30 for those businesses using October 1 as the beginning of their fiscal year.
I know of no exceptions to this, and if someone is describing an exception, then cite the source - or explain.
I do think that companies can set their own fiscal year, and ending the year in the middle of a week would probably not be the standard practice, so I would believe that there is some truth to this idea.
Per Wikipedia:
Some companies choose to end their fiscal year on the same day of the week, such day being the one closest to a particular date (for example, the Friday closest to 31 December).
582.
Post 9073552 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.18h):
Okay here is a theory for comment.
What if a fund is cashing out for tax purposes because today is the end of the fiscal year?
In other words, window dressing?
If so, tomorrow or Monday they start buying it all back.
If this is true and they are on the West Coast of US, then the dumping will stop in about a half hour.
Question, would the fund, or business, or whoever is dumping before the fiscal year end buy back the following day? Can they wait until after 5:00PM or do they need to wait until midnight?
I think there is definitely some validity to this theory.
Bitchick:
I believe that your leg is being pulled - there is no extension of the fiscal year... most of the time the end of the fiscal year is going to be September 30 for those businesses using October 1 as the beginning of their fiscal year.
I know of no exceptions to this, and if someone is describing an exception, then cite the source - or explain.
I do think that companies can set their own fiscal year, and ending the year in the middle of a week would probably not be the standard practice, so I would believe that there is some truth to this idea.
Per Wikipedia:
Some companies choose to end their fiscal year on the same day of the week, such day being the one closest to a particular date (for example, the Friday closest to 31 December).
Last year big sell off on Bitstamp also occurred at end of fiscal year. Oct 1st was the day. Price went from $126 to $85
Then the huge rally started to 1250!!!!!!
Can it really be that simple to figure out? Really?
To the moon!!!!
583.
Post 9073601 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.18h):
Okay here is a theory for comment.
What if a fund is cashing out for tax purposes because today is the end of the fiscal year?
In other words, window dressing?
If so, tomorrow or Monday they start buying it all back.
If this is true and they are on the West Coast of US, then the dumping will stop in about a half hour.
Question, would the fund, or business, or whoever is dumping before the fiscal year end buy back the following day? Can they wait until after 5:00PM or do they need to wait until midnight?
I think there is definitely some validity to this theory.
Bitchick:
I believe that your leg is being pulled - there is no extension of the fiscal year... most of the time the end of the fiscal year is going to be September 30 for those businesses using October 1 as the beginning of their fiscal year.
I know of no exceptions to this, and if someone is describing an exception, then cite the source - or explain.
I do think that companies can set their own fiscal year, and ending the year in the middle of a week would probably not be the standard practice, so I would believe that there is some truth to this idea.
Per Wikipedia:
Some companies choose to end their fiscal year on the same day of the week, such day being the one closest to a particular date (for example, the Friday closest to 31 December).
Last year big sell off on Bitstamp also occurred at end of fiscal year. Oct 1st was the day. Price went from $126 to $85
Then the huge rally started to 1250!!!!!!
Can it really be that simple to figure out? Really?
To the moon!!!!
The big sell off was attributed to silk road being shut down but maybe that wasn't the real reason for the sell off.
We like to attribute everything to news, but lately we have seen that news, even amazing news, doesn't move the price as much as we thought. It could have just been a strange coincidence. I am interested in seeing how this plays out. We should know by Monday at least.
584.
Post 9084009 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.19h):
Just figured out why the price tanked this weekend!!!
It is because of this:
http://launch.coinsinthekingdom.com/Do you know how crazy expensive Disney World is!? It bet it is because the attendees had to sell coins to go to a park or two!
And if they wanted to buy food there! No wonder we are so low.
585.
Post 9084120 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.19h):
Let's be honest with ourselves here: We will see double digit prices this year, whether we like it or not. We might see single digit prices as well. Let's start coming to terms with that fact.
There are too many people involved in BTC that are willing to buy coins at prices higher than double digits. The reason we see higher bottoms in the price each time the price rises is because there are more people involved in BTC and the greater the distribution, it becomes more and more difficult for the price to go lower. I am sure someone could explain this better than I am doing here. But the fact that bottom price this time around has hit above $300 now twice is actually extremely bullish for Bitcoin. We have established the new low. After the next rise or bubble there will be a new low at that point. It will probably be close to the last ATH, which was $1200 or so. That seems to be the pattern anyways.
586.
Post 9084172 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.19h):
Let's be honest with ourselves here: We will see double digit prices this year, whether we like it or not. We might see single digit prices as well. Let's start coming to terms with that fact.
There are too many people involved in BTC that are willing to buy coins at prices higher than double digits. The reason we see higher bottoms in the price each time the price rises is because there are more people involved in BTC and the greater the distribution, it becomes more and more difficult for the price to go lower. I am sure someone could explain this better than I am doing here. But the fact that bottom price this time around has hit above $300 now twice is actually extremely bullish for Bitcoin. We have established the new low. After the next rise or bubble there will be a new low at that point. It will probably be close to the last ATH, which was $1200 or so. That seems to be the pattern anyways.
ya but...
this time its different!
Isn't that what they always say!? If it gets to double digits you can say "I told you so."
Trust me, even BitchicksHusband, (who is much more bearish than I am) was arguing about this with me this morning and was trying to convince me to sell because "it isn't the same this time." Ugg. That hurt. I convinced him to wait it out at least.
I was willing to sell some if he really wanted to, but thankfully he agreed to be a little more patient.
587.
Post 9086644 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.19h):
Perhaps God was sending you a message through your husband
Heh, there is a joke along those lines. It also touches on your tsunami experience though so I'll leave it at that.
I think I know the one !! Fire away
Something about a boat and a helicopter by any chance ??
I should probably apologise ... I wasn't offended by Empowering's words, it just touched upon something that will stay with me forever, and I guess I wanted to share it as it has shaped my life thereafter.
That's the one
It wouldn't be the first time, and very likely not the last time I regretted not listening to both God and my husband.
However, with regards to Bitcoin, hubby tends to be way more bearish than me. He likes to sell at the bottom and buy at when it is rising towards the top. I was telling my friend that the fact he finally wanted to sell today must be proof we hit rock bottom.
I had peace about holding though. This is actually weird for me. I tend to worry far to much so I am thankful that I can not worry about Bitcoin. Now if I could just pry myself away from these message boards. I think many of you would rather I wasn't here anyways.
588.
Post 9095602 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.20h):
So, considering Newton's laws of motion, with this forceful downward pressure, should we expect an equal amount of upwards pressure very soon?
I would think the same deliberate move this "whale" puts into dumping will soon be thrust into pumping it upwards. It only seems logical.
589.
Post 9096504 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.20h):
more fun?
I own this market!
I can understand using leverage if you have the ability to do so, but doesn't there come a point where you want to encourage the Bitcoin community and keep a positive sentiment for the sake of long term success? "With great power comes great responsibility" so the saying goes. There are many people that are new to Bitcoin that will be scared away from investing their time and resources in it just from "games" being played. We don't want to lose these people. They are valuable to growth and sustaining the market.
590.
Post 9096558 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.20h):
more fun?
I own this market!
Could you put in a 6666 BTC wall for a few seconds to prove that it is yours?
Be sure to put that bid wall at $340 so we know it's you.
Can't we ask for "ask" walls instead please?
591.
Post 9096582 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.20h):
more fun?
I own this market!
Could you put in a 6666 BTC wall for a few seconds to prove that it is yours?
Be sure to put that bid wall at $340 so we know it's you.
Can't we ask for "ask" walls instead please?
An ask wall is a sell wall, I think you mean bid wall
Yes that. Probably why I sucked at daytrading!
592.
Post 9096599 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.20h):
more fun?
I own this market!
Could you put in a 6666 BTC wall for a few seconds to prove that it is yours?
Be sure to put that bid wall at $340 so we know it's you.
Can't we ask for "ask" walls instead please?
An ask wall is a sell wall, I think you mean bid wall
This is why we can't have nice things.
And you guys wonder why I just decided to hodl!?
It is better for blonds to hodl when we get our ask and bids confused.
593.
Post 9096621 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.20h):
more fun?
I own this market!
Could you put in a 6666 BTC wall for a few seconds to prove that it is yours?
Be sure to put that bid wall at $340 so we know it's you.
Can't we ask for "ask" walls instead please?
An ask wall is a sell wall, I think you mean bid wall
This is why we can't have nice things.
And you guys wonder why I just decided to hodl!?
It is better for blonds to hodl when we get our ask and bids confused.
blond christian girls have no businesses on the bitcoin market.
With God all things are possible.
594.
Post 9096761 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.20h):
Dafuq is that red vertical wall?
I really don't understand why someone with a million or two to spare doesn't just call this whales bluff and eat that wall up before he knows what hit him. I would do that with no shame.
595.
Post 9096796 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.20h):
DEAR LORD WAIT FOR ME. IM MISSING THE TRAIN!!
This is why some of us just stay on it, even when the ride is no fun!
596.
Post 9096834 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.20h):
NEW VOTE PLEASE:
350 BY TOMMOROW?
1. YES
2. NO
3. 400
no, at least not for a significant period of time.
What, 10 minutes?
597.
Post 9097667 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.20h):
If this guy really wants to sell 20,000 coins I guess that is fine. It is nice to see no one panicking though and just patiently eating away.
598.
Post 9097976 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.20h):
So, I guess no one has $6,300,000 on Stamp to buy that wall at once? Anyone?
Thankfully there seems to be a collective effort being made by everyone to eat through it though! Impressive!!!
599.
Post 9098054 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.20h):
We know from a few hours ago that this guy has at least hidden 8000-10000BTC(probably way more) bids on Stamp that do not appear on the orderbook right now.
Those funds are going to "help" make his wall dissappear after that we are ready to shoot up. Call me batshit crazy but that is going to happen.
It´s called upwards manipulation(after accumulation is finished), and it has happened many times before in BTC history. What do you think how many are going to jump in buying overwhelm crazy after that wall has been "eaten". He´s going to give away 10% to the market , rest will be bought by himself, watch these 1-3000 BTC at the end when it´s going down to get near or lower than 10000BTC.
True story.
The wall is too low for him to have enough benefits for that, he did not have enough time to accumulate lower than this. That could happen if he manages to pushes the price down to accumulate, otherwise it's more your bullish bias I'm afraid.
Btw, I want it down a bit though so I might be bear biased too
it´s probably someone with a large stash bought around 10$. He does not care to give away a few thousand for 300$ if he can mange to make the price jump back to 500+. through it.
He at least accumulated a few thousand also on all the other exchanges <~300(Finex + China). He also probably sold and bought back thousand from 600+ downards and increased his BTC stash massive with it.
His main target is to release bullish sentiment, which is going to happen.
This sort of makes sense, Basically whale wants price to go up so he puts up large wall that gets "eaten" which proves bullish market and price skyrockets after? Choo Choo.
600.
Post 9098137 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.20h):
We know who wins!
601.
Post 9098251 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.20h):
We know from a few hours ago that this guy has at least hidden 8000-10000BTC(probably way more) bids on Stamp that do not appear on the orderbook right now.
Those funds are going to "help" make his wall dissappear after that we are ready to shoot up. Call me batshit crazy but that is going to happen.
It´s called upwards manipulation(after accumulation is finished), and it has happened many times before in BTC history. What do you think how many are going to jump in buying overwhelm crazy after that wall has been "eaten". He´s going to give away 10% to the market , rest will be bought by himself, watch these 1-3000 BTC at the end when it´s going down to get near or lower than 10000BTC.
True story.
Good pont!
I hope your right. If not, at least a nice speculation.
If he is really eating his own coins can he speed it up a bit? At this rate how many hours are we looking at?
602.
Post 9098758 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.20h):
1200
BTC
I saw that too. More 1200
BTC buys and this wall will go down soon.
603.
Post 9098802 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.20h):
more fun?
I own this market!
so how do you feel?
millionar yet?
Oh i missed this. Fcking Nemesis guy again. Baller.....
I recall him being one of the first manipulators.
Is he at least known for manipulating it the other direction too? If you are going to manipulate, upwards is "more fun."
604.
Post 9105261 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.21h):
no one seem to listen to me, the man-bear-whale has transformed into man-bull-whale and you should help him pump, not shorting like ponsi
I am listening. I think you might be right. But I am the female-bull-chick so my opinion is probably irrelevant.
605.
Post 9105973 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.21h):
I'd be happier if the speculation nutters don't get too carried away with this one. I'd rather it go sideways for a couple more months while the mass adoption rolls out
I don't know. We have had plenty of months where the price wasn't doing much. I think we are all long over due for a massive bubble!
606.
Post 9106176 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.21h):
I'd be happier if the speculation nutters don't get too carried away with this one. I'd rather it go sideways for a couple more months while the mass adoption rolls out
Don't worry, unless you see it suddenly break 350 with rising and heavy volume, the price is not going anywhere. In that case you'll have weeks of sideways and plenty of time.
I think so too. I'd like to see some slow down in the Rate we get bubbles
honey badger don't care, man.
Honey badger's 'masters' do, though. Or at least I thought they did. Honey badger's masters now need the new Joe Public to buy like crazy. But they destroyed market confidence by excessive shorting for almost a solid year straight, so now Joe Public is scared as hell to touch bitcoin. A new ATH is probably at least 24 months away.
I would LOVE to be proven wrong, would love it. But people are really disregarding bad market sentiment now. As if it will just magically go away in a few months.
the public reluctance you speak of is why we need sideways-ish for a while. Don't want them to see it as a purely speculative commodity, thus not get involved if they think they've missed the CCMF train
I think more people will want to get involved as they see the price rise. They will then throw more money in and be impressed with the quick gains. I know that when my husband I first bought in we just did so with a speculative mindset, knowing we could lose it all because it was a bit risky (much more in early 2013 than now even!) We only dabbled and didn't buy much but when the price skyrocketed in a matter of weeks we then realized the potential and read up even more and then tried to grasp the bigger picture of what Bitcoin was and could potentially be. It was the bubble that caused us to become very serious investors. There are plenty of investments out there for those that prefer "sideways" movements. Bitcoin is not that kind of "investment."
607.
Post 9110933 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.21h):
wahha I like this meme.
Critical.
HA
Personally, I think the
last 24 hours were more critical.
jmho
I guess it just depends on what happens from this point on?
608.
Post 9111020 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.21h):
China is looking bullish. Can we be getting back to the days where they would push the price up for us again!? I miss those days.
609.
Post 9111091 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.21h):
I guess it just depends on what happens from this point on?
Indeed.
My feeling is that true capitulation was achieved and while we may see one last dip below $300, the trend has turned.
Last night's 30k wall was an expensive way to slow what might have been a dramatic correction on reversal.
I feel strongly enough about this that I bought another 3 coins this morning despite having joked with some dude at Decentral on Saturday about having spent my weekly Bitcoin allowance on that day's 2 coin purchase.
Well done. Your timing to buy was great.
I am thankful I just convinced my more bearish husband to hold through this last drop.
He seems to get even more moody than I get when the price tanks and wants to sell at the worst times. Then when the price rises he decides it great to buy more. (granted, we have been lucky a time or two and bought at relative good times) But we seriously need to work on not buying or selling based on emotions.
610.
Post 9118108 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.21h):
Im really amazed that few people are trying to sell their $300 coins for a quick buck. The stability at $330 is pretty damned impressive.
Anyone have some nice lines on a chart that might show when a breakout is due?
Fucking retard,
btw was going downhill , some guy sold 30k coins , now the market is a bit confused but we will go down much more because everyone is getting out of bitcoin.
Its the truth.
If "everyone" was getting out of bitcoin as you say the price would be a lot lower than $330!
For those of us that have been around a little longer than a week or two there were similar comments when the price hit $60 last Summer.
Bitcoin is doing very well. The price will swing the other way fairly soon here I believe.
611.
Post 9118432 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.21h):
*there (see you all there)
Makes me think of this Weird Al video "Word Crimes." Look for the Dogecoin meme in it.
https://www.youtube.com/watch?v=8Gv0H-vPoDc
612.
Post 9118534 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.21h):
Im really amazed that few people are trying to sell their $300 coins for a quick buck. The stability at $330 is pretty damned impressive.
Anyone have some nice lines on a chart that might show when a breakout is due?
Fucking retard,
btw was going downhill , some guy sold 30k coins , now the market is a bit confused but we will go down much more because everyone is getting out of bitcoin.
Its the truth.
If "everyone" was getting out of bitcoin as you say the price would be a lot lower than $330!
For those of us that have been around a little longer than a week or two there were similar comments when the price hit $60 last Summer.
Bitcoin is doing very well. The price will swing the other way fairly soon here I believe.
I wil printscreen this post and I will pm it to you when USA BANS BITCOIN.
If we can survive "China bans Bitcoin" and "Russia bans Bitcoin" we could even survive "USA bans Bitcoin."
The thing about Bitcoin is that banning it really cannot stop it. Sure it can slow it down, but the only way to stop Bitcoin would be to ban the entire internet.
613.
Post 9122197 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.21h):
When Adam speaks, we should listen.
614.
Post 9122397 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.21h):
I think i have 70% of the regular posters here on ignore.
Edit: just checked my ignore list. 110 people on it.
Am I on the list!? You said I was a "nutter" so I am just trying to gauge what kind of scale you use to "ingore" people.
If "nutters" are allowed then what does it take to get chosen?
615.
Post 9122425 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.21h):
The next 24 hours are critical
Why are next 24 hours critical? bitcoin is not a pacient... bitcoin will last for a very long time, so next few years of developement are critical
The next 60 minutes are critical for the future of Bitcoin.
Why? sorry i am not informed,and i wanna know
If I had a Bitcoin for everytime someone said the next 24 hours are critical, I would be Loaded. (a female version of course)
616.
Post 9122521 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.21h):
The next 24 hours are critical
Yeah ok i get it, but why is it critical? trollers with no explanationary power?
Not an expert by any means, but I think that because the price is just stagnating right now at about $330 USD the direction that it goes in the next 24 hours will show what kind of market we are headed for, more bearish or more bullish. Regardless of what the charts say, I always think it is bullish though (and I just hold and do not daytrade) so really the next 24 hours won't affect me as much as some on here.
617.
Post 9122569 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.21h):
do you believe the downtrend is over?
I don't know.
The next 24 hours are critical!
618.
Post 9122964 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.21h):
The next 24 hours are critical
Why are next 24 hours critical? bitcoin is not a pacient... bitcoin will last for a very long time, so next few years of developement are critical
The next 60 minutes are critical for the future of Bitcoin.
The next 24 hours will determine the future of cryptocurrency for the next decade.
everyone STFU the next 5-10 mins are absolutely critical
619.
Post 9123004 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.21h):
shhhhhhhhhh. We are supposed to be quiet like Adam asked. Maybe if we say nothing it will go to the moon faster.
620.
Post 9123111 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.21h):
shhhhhhhhhh. We are supposed to be quiet like Adam asked. Maybe if we say nothing it will go to the moon faster. AHahha... LOL i just saw the price and had to come here and see the reactions
Hilarious !
Who knew that just by shutting up for a few minutes we could trigger a rally!
We have to keep that in mind. Space ships and rocket trains might have lost their effectiveness.
621.
Post 9129655 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.21h):
bears be like : my walls, my walls are about to be eaten, better market sell now b4 blast off
This bear is chomping popcorn, watching bull minnows get suckered by the same trick over and over.
And over.
Wow. You really don't get it do you? Having lived through two bubbles I can tell you from experience you have no idea what is about to happen. The only thing crazier than panic selling is panic buying. It is mind blowing.
622.
Post 9129685 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.21h):
I haven't so far...so for the sake of the n00bs, what's about to happen?
Waking up every morning saying, "What!? The price rose that much!?" Making more money while sleeping than working for a week or two or a month. It is pretty crazy. There is a reason some of us are such passionate hodlers.
623.
Post 9129693 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.21h):
we're either going to fall back to previous resistance and have it become support 330 or we pop over 350 pretty soon. we'll see
So what are you saying?
The next 24 hours are critical?
624.
Post 9129937 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.21h):
I admit I would love to see it tank a little harder, high 100s or low 200s...for about a week or two.
This could cause to much psychological damage!
I agree. Even the dip to $275 scared some investors away. It makes people nervous.
625.
Post 9130065 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.21h):
I'm sure it does but a $100 - $150 drop from 300s isn't nearly as stomach wrenching as that freefall from $1200 to $300...if they got through that, they'll live another hundred bucks.
I still bought at 330 but I would rather buy 10 at $100 a pop than $350...plus, it will help me feel like I still managed to get in on bitcoing pre 1200 days, so I can enjoy the next train ride up!
Because of the amount of people involved with Bitcoin now, for the price to drop to $100 it would show very little support for the currency and it would not be a good thing at all. The fact that we keep just touching, even briefly, these new price floors after each bubble is a great thing. We do not want to go lower. The "patterns" although not entirely predictable, show there is healthy growth and and that we are following the adoption curve.
626.
Post 9130254 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.21h):
The $300 dumper on Stamp just officially lost 1.5 million dollars!
Hopefully he just buys back now to cut his losses.
(Or it was just a clever way for him to get this rally started but who knows.)
627.
Post 9142809 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.22h):
more shorts on finex pilling in?
If we go sideways (340-370$ range) for the next 1-2 weeks they will probably increase to around 15-20k. After that we would see a real massacre.
On the other hand, a bull whale might try to use the current momentum to squeeze em and shoot us up to 450-480$ by tomorrow.
The future looks bright!
My guess (with nothing to back it up of course) is that we hit $400 in the next day or so, climb to $600 in the next two weeks with one more week in the $600-$700 range and then it is "bubble time" after we break $700 with three weeks of crazy increases up to $5000 to $6000.
628.
Post 9154384 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.22h):
we are "on a break" until i "get my act together"
fucking fuck fuck!
i'm gonna go be pissed off now.
well... wife left me today.
but hey its cool, i'm about to get to buy back lower!
Try winning her back with giving her some Bitcoin!
LOL, ya that will totally not make things worst.
i've got some damage control to do now, i'll give her a few days at her moms, and then i'll go begging for her forgiveness.
lifes not fair man....
Ahh.
I will pray you both can work it out. Relationships are hard work sometimes, but worth fighting for. I don't know the entire situation but I would think that she is just trying to get your "attention" this way for whatever needs she feels aren't being met. Women need attention, usually way more than seems rational to men, and perhaps us women are all illogical but that is just the way it is.
Also, you can take a break from Bitcoin if needed. This board would survive without you for a few days.
629.
Post 9154918 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.22h):
Coinbase wouldn't let me buy today. They claimed that they had sold their daily limit. That means Silicone Valley is buying.
You would think that they could just buy more off the exchange?
How complicated is it? I think that is the most annoying thing about Coinbase by far!!!
630.
Post 9167649 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.22h):
Hello everybody, i new in here, where price of BTC go next? Should i buy now, or wait one day longer?
Price seems very low right now? I already have 30 but i want more.
The bears you are crazy to even have 30btc.
But the hoarding bulls, like myself, will say buy and hold as much as you can. It just depends on what amount you have to risk. The wise ones on here always say to never invest more than you can afford to lose.
How high will it go? There is plenty of posts on the speculation threads to get an idea of what many people believe. However, the consensus seems to be on the next rally we will hit $5000 or so. The question is how long do we have to wait for the next rally! At this point I am not keeping my hopes up until 2015 even.
Bitcoin takes some patience. You either have to be very patient, or if you are lucky enough to buy right before a rally, no patience is really required at all.
631.
Post 9170539 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.23h):
well this is interesting!
testing the wall now
Adam,
Did you tell your wife: "I can't talk now b/c the next 72 hours are critical in the observation of BTC walls." ?
The most recent buy wall seems to have dried up volume (caveat that the weekend volume is usually a little lower than the weekday volume)....... so seems to be a waiting and seeing scenario?
So Adam has plenty of time to ignore Bitcoin and treat his wife to a nice dinner out.
Boring Bitcoin days are good for something I guess.
632.
Post 9171544 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.23h):
I'm just going to go out on a limb here and say that some people are going to enjoy this week much more than others.
Since we have had many crappy weeks I would say it wouldn't take much to make this week more enjoyable at this point.
633.
Post 9175498 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.23h):
Thanks for this link Nanobrain. It is insightful. And people wonder why some of us are willing to take a "gamble" on BTC? It is hard to trust in fiat currencies when the IMF and central bankers are just "crossing their fingers and hoping for the best" as the article says.
634.
Post 9178929 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.23h):
Hey ladies stuff's happening
Yes! I am tired of all those masculine train pictures.
Here is one for us "ladies" this time around.
635.
Post 9190145 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.23h):
do you guys believe we will see 275 again?
or should i better buy now before its to late?
Different people will give different advice. I say buy as much as you can before it is too late. I am a permabull. I always say buy though so keep that in mind. To me the worst thing going into a rally is being in all fiat. Looking at the price for the entire year of 2014 and today is a fantastic day to buy coins.
The bears will say that there will be dumps coming. This is not guaranteed though.
636.
Post 9192367 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.23h):
Europe is waking up soon. The next 8 hours are the most critical actually.
idk i think, this is one of the few times in bitcoin when the next 24 12 8 hours are actually
not critical we breached 400 before i just want to party!
Of course, people tend to rush out and buy just after waking up. Just like coffee and a cigarette.
I don't know. I check the price every morning when I wake up. Am I the only one or do I have a serious problem?
637.
Post 9192767 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.23h):
1000+ USD by the end of 2014 ? ? ?
BTC is NOT going to $1,000 for the remainder of this calendar year -
Either 1) it goes up to $700 to 850-ish or 2) it goes up to between $2,500 and $13k.
There is no $1,000 in BTC's future for the remainder of 2014 - except, possibly for passing through such a price point, fairly quickly... 24 hours at most...
Sorry to break such news!!!
Thanks. With that quote we are guaranteeing we go way beyond $1000!
638.
Post 9193770 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.23h):
So the question I have for everyone is are we really ready for another bubble? For those of you that have been through a rally before do you remember how addicted we became to the charts? Even more so than now, which can be hard to believe for some of us. And if you are anything like me, all I seemed to talk about day and night was Bitcoin. My kids would even say, "Stop talking about Bitcoin!" But the obsessiveness was because of the adrenalin rush of price increases every day, every hour and sometimes every minute! Hopefully I can remain more calm and less of an "addict" this time around. We will see. . .
639.
Post 9193806 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.23h):
So the question I have for everyone is are we really ready for another bubble?
No one expects the bubble. Remain calm and HODL!
No one expects one. Hence the closeness approaches.
Holding of course.
640.
Post 9193979 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.23h):
Hey Adam. It's time for a new poll.
This one has outlived its usefulness.
I voted "yes" and was right for once.
641.
Post 9193989 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.23h):
Well I wasn't expecting this with no volume in the middle of the night...
It isn't the "middle of the night" everywhere.
642.
Post 9194053 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.23h):
Well I wasn't expecting this with no volume in the middle of the night...
er...it's the middle of the day for the most populous part of the planet.
Yes. I really appreciate the Chinese when they are in their buying moods. Unfortunately it is getting late here. I really should go to bed. It is hard to though on nights like tonight.
643.
Post 9200739 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.24h):
I wonder if this is the general forum feeling felt before other bubbles. I came into btc so close to the beginning of the Nov 2013 rally that for a while there I had the feeling bitcoin was all about going up. So I don't really know what's the sentiment that preceeds leaving a long bearish market...
This situation is unique. It's the first time we see the Bitcoin market behave like this.
As i said it turned into a pump and dump coin.
That's why i'm out. This won't change anytime soon either.
To my knowledge, the bitcoin market didn't really have the ability to short before Nov 2013 because no exchanges offered it. Now it's everywhere. To me, this is the biggest problem now... no one trusts that an uptrend is real, believing that it's just a short term pump (in order to short at the top) or simply a short squeeze that's causing an artificial rise. We can't see any true demand buying.
I think shorting has affected things for sure. I think it might take rallies longer to start because of it. As the price inches upwards the shorters will try to take advantage of that and dump. However, the momentum will at some point take over and because of that I would be very cautious. If the market decides to rally I don't believe anything can keep the price down.
644.
Post 9213458 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.24h):
Just so everyone knows, Barry Silbert (Second Market Bitcoin Trust) basically admitted that some of the price decline was because of "tax selling" in today's tweet. (the tax extension deadline in the US is today, October 15th)
I know this will surprise nobody, but I'm feeling really good about bitcoin right about now. Plus, tax selling is finally behind us.
https://twitter.com/barrysilbert/status/522440627502723075He even gave everyone a heads up about it in an earlier tweet on Oct 6th.
Surprised how few are connecting the recent selling pressure to the Oct 15 tax extension deadline. Taxes due from '09-'13 mining/usage/sales
https://twitter.com/barrysilbert/status/519120987334651905
645.
Post 9214571 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.24h):
Just so everyone knows, Barry Silbert (Second Market Bitcoin Trust) basically admitted that some of the price decline was because of "tax selling" in today's tweet. (the tax extension deadline in the US is today, October 15th)
I know this will surprise nobody, but I'm feeling really good about bitcoin right about now. Plus, tax selling is finally behind us.
https://twitter.com/barrysilbert/status/522440627502723075He even gave everyone a heads up about it in an earlier tweet on Oct 6th.
Surprised how few are connecting the recent selling pressure to the Oct 15 tax extension deadline. Taxes due from '09-'13 mining/usage/sales
https://twitter.com/barrysilbert/status/519120987334651905Read carefuly, he did not say "the price is falling
because American bitcoiners are tax selling".
"Surprised how few are connecting the recent drop of the DJA to the anniversary of the Battle of Hastings."
"I am feeling good about the DJA right now. Plus, the Russia Formula 1 race is finally behind us."
There is a thread that keeps track of what is being bought and sold by the Second Market Bitcoin Trust (see
https://bitcointalk.org/index.php?topic=337486.0 ) and there was some large sells before today's deadline. Barry Silbert is at least aware of funds being sold for this obviously. It could very well have had an effect on the price. I am not sure why you are being argumentative?
646.
Post 9215420 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.24h):
Everyone ready for today's pump and dump? Remember, don't be that guy who buys at the top.
One of these days we will have a day, or two, or three with pump and no dump.
It might just catch a few of you by surprise.
647.
Post 9246916 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.25h):
So have we decided to just avoid posting trains, CCMF, choo choos etc... until we at least hit $600 this time?
I think I am feeling rather skeptical. Hopefully that is a good sign.
648.
Post 9273143 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.25h):
Can't decide whether to take a nap. How important are the next 24 hours? Serious responses only, please.
Seems like a long nap. (shrugs shoulders)
The 3day MACD indicator could be something to watch.
Hopefully it is a sign of good things to come. . .
649.
Post 9284535 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.25h):
5 minutes until the 3D MACD green candle solidifies, correct?
the next 5 mins are CRITICAL!
So it is officially green but the price is not changing at all. Can't we at least get a few panic buys!?
650.
Post 9310685 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.26h):
Why am I not surprised to still see sub-400. This market is just ridiculous. It seems apathy is setting in now, even with people who were once bulls.
I guess no one even cares to buy more now?
why buy most of the coins out are either stolen or tied to some scammer!..Wall Street wants nothing to do with this mess!
People still go to Vegas and gamble even though the odds are against them. I think people, even Wall Street, will go wherever there is a opportunity to make money. Once the price really starts to swing back into a bull market the money will flow in. I think it will have to move back into the 600's or so though for the real rally to begin. It is just a waiting game at this point.
651.
Post 9310737 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.26h):
Why am I not surprised to still see sub-400. This market is just ridiculous. It seems apathy is setting in now, even with people who were once bulls.
I guess no one even cares to buy more now?
why buy most of the coins out are either stolen or tied to some scammer!..Wall Street wants nothing to do with this mess!
People still go to Vegas and gamble even though the odds are against them. I think people, even Wall Street, will go wherever there is a opportunity to make money. Once the price really starts to swing back into a bull market the money will flow in. I think it will have to be move back into the 600's or so though for the real rally to begin. It is just a waiting game at this point.
you must be smoking something good!...technically $250 looks like nice support..if it breaks below $250 ...$150 will have to hold !:)
You must not know me very well. I thought it was well known I don't smoke or drink.
I am rightly accused of believing in miracles though!
652.
Post 9317448 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.26h):
Good fkn god. Can anyone, I mean anyone, who is a buy-and-hodl person buy a SINGLE bitcoin in the year 2014 and NOT be in the red the following week/month?
Money of the future? Jesus fk. No wonder people are now leaving the bitcoin community and not coming back.
I bought in 2013 and I in the green like
damn green.
Wait for 2015 if you bought in 2014.
Is one year like impossible for you guys to wait ?
I bought 7 bitcoins on June 9th, 2011 for $30.49, almost the very top of that bubble. I was in the
RED about an hour after I bought them until February 23rd, 2013.
And I still have those bitcoins.
And you should have bought 1000 knowing what you know now.
I am sure it was painful for that long period of time though. There was even more uncertainty then about where Bitcoin was going and how successful it would be than there is now. Now we can see the infrastructure growing everyday.
653.
Post 9317806 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.26h):
Good fkn god. Can anyone, I mean anyone, who is a buy-and-hodl person buy a SINGLE bitcoin in the year 2014 and NOT be in the red the following week/month?
Money of the future? Jesus fk. No wonder people are now leaving the bitcoin community and not coming back.
I bought in 2013 and I in the green like
damn green.
Wait for 2015 if you bought in 2014.
Is one year like impossible for you guys to wait ?
I bought 7 bitcoins on June 9th, 2011 for $30.49, almost the very top of that bubble. I was in the
RED about an hour after I bought them until February 23rd, 2013.
And I still have those bitcoins.
And you should have bought 1000 knowing what you know now.
I am sure it was painful for that long period of time though. There was even more uncertainty then about where Bitcoin was going and how successful it would be than there is now. Now we can see the infrastructure growing everyday.
If only! It was right after the birth of the first daughter, so money was tight, I couldn't go hog wild with frivolous purchases anymore. I think if I had discovered Bitcoin pre-kids I would have been one of those people who bought 1000s back then. But still I was able to slowly buy over the next few years anyway and have enough now that I am satisfied with my holdings.
And its actually more painful now, believe it or not, back then I just figured oh well if this all fails I blew a couple thousand in the end who cares. Now I'm second guessing not selling any at $1000, at $800, at $500. Its a lot more money. But I sleep fine, I still believe Bitcoin is going to change the world for the better, and a side effect of that means my investment will be fine.
I think "second guessing" when to sell and when to buy is just part of the fun of being involved with Bitcoin.
We are just sticking to Risto's SSS plan (Sane and Simple Savings Plan). That will help us sleep at night a little better.
See:
https://bitcointalk.org/index.php?topic=345065.0
654.
Post 9331941 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.26h):
every time I buy BTC goes down at least $50 3 days later...beginning to think it is ME...sorry guys...best I not buy....the btc karma guys hate my ass
(besides you all will likely hunt me down if I continue such actions!)
so maybe I will just sit on hands for a bit....
Last time I bought the price plummeted $200. So ... ya .... sitting on hands here too.
When I sell it goes up! Sold one coin today. Had to because too many bills to pay. But it should help the price at least!
655.
Post 9342130 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.27h):
Finally going up or nah
going up, just slow progress
a very very slow movement, but what creates movement in bitcoin
i still dont get it.
Nothing creates movement in bitcoin. The bitcoin simply is, and we are the ones that move.
I figure all the excitement will most likely happen in a week a half. The reason? I will be in India for two weeks on a mission trip with very little access to computers and no time to really go online at all. It will be an epic rally for sure!
656.
Post 9342208 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.27h):
Finally going up or nah
going up, just slow progress
a very very slow movement, but what creates movement in bitcoin
i still dont get it.
Nothing creates movement in bitcoin. The bitcoin simply is, and we are the ones that move.
I figure all the excitement will most likely happen in a week a half. The reason? I will be in India for two weeks on a mission trip with very little access to computers and no time to really go online at all. It will be an epic rally for sure!
Good luck converting those evil Hindus to Christianity.
You might be happy to know I am not going to "convert" anyone. Mostly doing humanitarian work, putting in water wells in villages, hosting a medical camp with food and clothing for a village of people suffering from leprosy, visiting an orphanage and bringing clothing, food to a home for the elderly there. We are also hosting the first ever conference for Dalit women. These women will all be Christian already, so no "conversions." But my goal is to encourage them and tell them that they have value in the midst of a culture that does not always value women and especially the lowest women in the caste system.
Funny that Christians get condemned for being the ones paying their own way to go on trips like these. The world desperately needs compassion but compassion begins with the love God puts in our hearts for others I believe.
657.
Post 9346260 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.27h):
Finally going up or nah
going up, just slow progress
a very very slow movement, but what creates movement in bitcoin
i still dont get it.
Nothing creates movement in bitcoin. The bitcoin simply is, and we are the ones that move.
I figure all the excitement will most likely happen in a week a half. The reason? I will be in India for two weeks on a mission trip with very little access to computers and no time to really go online at all. It will be an epic rally for sure!
Good luck converting those evil Hindus to Christianity.
You might be happy to know I am not going to "convert" anyone. Mostly doing humanitarian work, putting in water wells in villages, hosting a medical camp with food and clothing for a village of people suffering from leprosy, visiting an orphanage and bringing clothing, food to a home for the elderly there. We are also hosting the first ever conference for Dalit women.
These women will all be Christian already, so no "conversions." But my goal is to encourage them and tell them that they have value in the midst of a culture that does not always value women and especially the lowest women in the caste system.
Funny that Christians get condemned for being the ones paying their own way to go on trips like these. The world desperately needs compassion but compassion begins with the love God puts in our hearts for others I believe.
The population of India is around 2% Christian. Is the prerequisite of you helping someone in India that they are Christian? Seems weird that statistically the chance of you helping people who are all Christians in India is infinitesimally small. Religious discrimination?
Chance of helping 1 person in India and they are Christian. 1/50
Chance of helping 2 people in India and they are both Christian. 1/2500
Chance of helping 3 people in India and they are all Christian. 1/125000
Chance of helping 4 people in India and they are all Christian. 1/6250000
Chance of helping 5 people in India and they are all Christian. 1/312500000
I am going to be partnering with a Christian organization that is already established there. They have started colleges to provide education and work opportunities for women that were sold into sex slavery. Also, there are the wives of the village church pastors that will be attending this conference along with the women in the college. It is very exiting for these women from the villages because many of them have never been to anything like this. A retreat where all expenses are paid for them is a luxury beyond anything they have ever experienced. Why does it bother you so much that I am going to do this anyways?
658.
Post 9349042 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.27h):
Finally going up or nah
going up, just slow progress
a very very slow movement, but what creates movement in bitcoin
i still dont get it.
Nothing creates movement in bitcoin. The bitcoin simply is, and we are the ones that move.
I figure all the excitement will most likely happen in a week a half. The reason? I will be in India for two weeks on a mission trip with very little access to computers and no time to really go online at all. It will be an epic rally for sure!
Good luck converting those evil Hindus to Christianity.
You might be happy to know I am not going to "convert" anyone. Mostly doing humanitarian work, putting in water wells in villages, hosting a medical camp with food and clothing for a village of people suffering from leprosy, visiting an orphanage and bringing clothing, food to a home for the elderly there. We are also hosting the first ever conference for Dalit women.
These women will all be Christian already, so no "conversions." But my goal is to encourage them and tell them that they have value in the midst of a culture that does not always value women and especially the lowest women in the caste system.
Funny that Christians get condemned for being the ones paying their own way to go on trips like these. The world desperately needs compassion but compassion begins with the love God puts in our hearts for others I believe.
The population of India is around 2% Christian. Is the prerequisite of you helping someone in India that they are Christian? Seems weird that statistically the chance of you helping people who are all Christians in India is infinitesimally small. Religious discrimination?
Chance of helping 1 person in India and they are Christian. 1/50
Chance of helping 2 people in India and they are both Christian. 1/2500
Chance of helping 3 people in India and they are all Christian. 1/125000
Chance of helping 4 people in India and they are all Christian. 1/6250000
Chance of helping 5 people in India and they are all Christian. 1/312500000
I am going to be partnering with a Christian organization that is already established there. They have started colleges to provide education and work opportunities for women that were sold into sex slavery. Also, there are the wives of the village church pastors that will be attending this conference along with the women in the college. It is very exiting for these women from the villages because many of them have never been to anything like this. A retreat where all expenses are paid for them is a luxury beyond anything they have ever experienced. Why does it bother you so much that I am going to do this anyways?
Great job, this planet could use more people like you.
A greedy mentally ill psycho who's only reason to help these people is to be able to constantly bring it up in conversations to convince people what a good person she is.
She is helping shit in India. She and the sect she works with will do some praying and feed some FELLOW christians.
People like her are extremely intolerant against non christians.
Not a christian? No help for you. Convert first.
Talking about money and convincing people what an amazing christian person she is is all that freak show does. It's sick.
The world needs like people like her. Way fucking less. She disgusts me on so many levels.
She's
helping people who could use it.
It's infinitely better than posting
negative comments on some traderforum, like you.
Here is another insight; Evil people are evil, and some like to use the vessel of religion to channel their evil ways. Doesn't make the basic ideas in religion bad, just those people. Good luck in life, it seems you're going to need it.
She's helping nobody but herself. If anything it's because she thinks she will go to heaven for doing this.
Nothing but selfish reasons are involved.
I missed some fun while I was gone this morning.
Will I go to heaven for doing this? Ummmm NO! The entire point of Christianity is that nothing we do can earn our way to heaven. It is just out of God's love for us we feel compelled to do things for others, no strings attached. It is hard for many to grasp this concept I guess.
About those Bitcoins though. I was kinda hoping the price would have gone up by now.
When I was in the early stages of planning this trip I figured that BTC would be well over $1000 per coin and had big ideas of funding much of the trip with BTC. Things don't always work out like we planned. Thankfully all the funds are raised anyways!! (each person going was responsible for our own airfare and lodging of course) We had to come up with over $15000 for just the conference. We also raised over $15000 for the water wells and food/clothing for the other outreaches too. It is going to be an amazing trip. I will give an update of how it goes when we get back. And no one is being forced to "convert." A forced conversion isn't a true conversion anyways.
Edit: I thought perhaps a few people on here would be interested in hearing some good things that are going on, and Bitcoin is funding part of my expenses of the trip (not as much as I had hoped but that is the way it is.) Also, I am planning on mentioning the Indian website
www.unocoin.com to the founder of the group we are working with. I already mentioned BTC to him when he was in the states a few months ago and he was very interested. The thought of less fees for currency conversion was extremely appealing. Also, I am looking to send some Bitcoin to them on the next Bubble, God willing.
659.
Post 9349947 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.27h):
Nothing creates movement in bitcoin. The bitcoin simply is, and we are the ones that move.
So let's all start moving upwards.
I will climb a few stairs if it helps.
660.
Post 9361693 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.27h):
It is has moved up $1. I think it is happening!
Hey, I am almost happy with a $1 at this point.
661.
Post 9374710 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.27h):
So where are all those idiots who were cheering for cheap coins all those months?
I don't see your daily posts about how much you are buying anymore. What happened? You stopped "loading up on cheap coins"?
Some of us have loaded up so much that we have no more fiat to load up any more.
All that said, it is a great time to buy! With I had more fiat to throw in!!!
662.
Post 9374857 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.27h):
So where are all those idiots who were cheering for cheap coins all those months?
I don't see your daily posts about how much you are buying anymore. What happened? You stopped "loading up on cheap coins"?
Some of us have loaded up so much that we have no more fiat to load up any more.
All that said, it is a great time to buy! With I had more fiat to throw in!!!
Blind faith.. wonder why you are attracted to that..
Lets be honest, you would say the same thing at any price level. I bet in a year you will utter the same sentiment when price is in the double digit range.
If you honestly believe that Bitcoin is revolutionary and will become used in a greater scale than used today, then yes, I would say it is a great time to buy. Only time will tell, but a year from now we could see prices stabilize at around $2500 or even $5000. Everyone will be saying the same things then that they are now: that "Bitcoin is going nowhere." That the price is going back to $100" and so on.
But if the price does end up stabilizing at $2500, the price of $350 today would be amazing wouldn't it? Even $1000 wouldn't look so bad.
663.
Post 9374886 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.27h):
So where are all those idiots who were cheering for cheap coins all those months?
I don't see your daily posts about how much you are buying anymore. What happened? You stopped "loading up on cheap coins"?
Some of us have loaded up so much that we have no more fiat to load up any more.
All that said, it is a great time to buy! With I had more fiat to throw in!!!
Blind faith.. wonder why you are attracted to that..
Lets be honest, you would say the same thing at any price level. I bet in a year you will utter the same sentiment when price is in the double digit range.
If you honestly believe that Bitcoin is revolutionary and will become used in a greater scale than used today, then yes, I would say it is a great time to buy. Only time will tell, but a year from now we could see prices stabilize at around $2500 or even $5000. Everyone will be saying the same things then that they are now. That "Bitcoin is going nowhere." That the price is going back to $100" and so on.
But if the price does end up stabilizing at $2500, the price of $350 today would be amazing wouldn't it? Even $1000 wouldn't look so bad.
Onward Christian soldier
You can always "ingore" me if I am that annoying to you. Seriously.
664.
Post 9376252 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.27h):
I'm following a new trading method lately...
I went to the sight and asked:
Is Bitcoin going to 10000. It said, "My reply is no"
Is Bitcoin going to 100000. It said, "My sources said no."
Is Bitcoin going to 1000000. It said, "My reply is no."
Is Bitcoin going to 10000000. It said, "Outlook good."
Is Bitcoin going to 1000000000000. It said, "It is decidedly so!"
Is Bitcoin going to 1000000000000000. It said, "Yes Definitely!"
And some of you are saying it isn't a good time to buy!
Edit: There is a limit though. I asked, "Is Bitcoin going to 1000000000000000000000000000000" The reply was, "Don't count on it." I guess I need to set my expectations under that amount then.
665.
Post 9396589 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.28h):
I would seriously appreciate the bottom, need to take my life back. Please.
I hear ya. Is it just me or has anyone else been delaying things until BTC decides to go up in price again?
It is a bit painful. We are perhaps a little "overinvested" right now. Sure, we can sell coins right now (not even at a loss of what we paid originally) but it is a horrible time to sell, so we wait, and wait and wait.
In the mean time, we could really use a new couch, new carpet, have a zero percent credit card that we are just delaying paying because we don't really want to sell coins and then Christmas is just around the corner. The kids really want a nice Christmas.
Hopefully we are at least back to $600 by then? I can hope anyways.
666.
Post 9396864 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.28h):
I would seriously appreciate the bottom, need to take my life back. Please.
I hear ya. Is it just me or has anyone else been delaying things until BTC decides to go up in price again?
It is a bit painful. We are perhaps a little "overinvested" right now. Sure, we can sell coins right now (not even at a loss of what we paid originally) but it is a horrible time to sell, so we wait, and wait and wait.
In the mean time, we could really use a new couch, new carpet, have a zero percent credit card that we are just delaying paying because we don't really want to sell coins and then Christmas is just around the corner. The kids really want a nice Christmas.
Hopefully we are at least back to $600 by then? I can hope anyways.
Do you have a plan in case bitcoin goes below $275 and stays lower for several months or even 1-2 years?
This kind of thinking of delaying and being overinvested in bitcoin is going to lead to a massive panic dump like the good old times if we go below $275. Dunno if it will break, but be careful.
Well, the good news is that even if we sell at $275, that is above our entry point. So the plan is sell only when totally necessary!
The question is more about what is deemed "necessary." If we have to sell a substantial amount we could and will but we won't need to for several more months (could delay it even longer if we take advantage of more zero percent interest credit but that is a game that I really don't like playing too much.) I think part of me feels like it is a game of who can wait the longest. There are people trying to shake out the weak hands and I don't want to be the "weak hands" being shaken out! Hodl on!
667.
Post 9397133 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.28h):
Well, the good news is that even if we sell at $275, that is above our entry point. So the plan is sell only when totally necessary!
The question is more about what is deemed "necessary." If we have to sell a substantial amount we could and will but we won't need to for several more months (could delay it even longer if we take advantage of more zero percent interest credit but that is a game that I really don't like playing too much.) I think part of me feels like it is a game of who can wait the longest. There are people trying to shake out the weak hands and I don't want to be the "weak hands" being shaken out! Hodl on!
Sometimes I wonder if some of you even account for the possibility that the huge runups might be over.
It is about risk vs. reward. Sure, the "runups" might be over. In fact, Bitcoin could go to zero.
However, it could still be very early in it's growth and we could see $100,000 per coin or more.
The question then becomes is the risk worth the reward? I believe it is a resounding YES!
In a way, we all have the chance to become venture capitalists in Bitcoin with any small amount we are willing and able to throw in. Usually these kinds of investment opportunities are not available to the "little people" or people like me with very little money to throw in. By the time we get the chance to invest in the best companies, the VC's have already made millions and moved on to the next investment. These VC's are the risk takers. They throw money into companies that lose everything. However, for the few that make it their reward is beyond what we can imagine because most of us do not get those kinds of opportunities.
So that is why we are willing to be "all in" with what we have. For some of us, we had very little to begin with and if we end up back to where we started we can at least say we gave it a shot. That is a much better feeling than seeing the price rise to $1000, $5000, $10,000, or even $100,000 someday and then crying, "Why didn't I invest when it was $350!
668.
Post 9397199 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.28h):
In a way, we all have the chance to become venture capitalists in Bitcoin with any small amount we are willing and able to throw in. Usually these kinds of investment opportunities are not available to the "little people" or people like me with very little money to throw in. By the time we get the chance to invest in the best companies, the VC's have already made millions and moved on to the next investment. These VC's are the risk takers. They throw money into companies that lose everything. However, for the few that make it their reward is beyond what we can imagine because most of us do not get those kinds of opportunities.
She gets it -
BTC is the first truely public IPO in which we could see the actual price and be a part of.
Look at Facebook - the VC's ate it up instantly - the votality was not seen in the public we are still in the votality stage of
BTC waiting to see if
BTC hits a S Curve Adoption or dies a slow painful death.
And this is why some of us hoard and hodl and don't want to sell EVER and even are tempted to mortgage our houses for more coins!
But I guess we need to at least consider the "what if's."
Then I temper my Bitcoin addiction with the knowledge that even a small stash could be worth millions someday if BTC really succeeds like we think it might!
669.
Post 9397228 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.28h):
I would seriously appreciate the bottom, need to take my life back. Please.
I hear ya. Is it just me or has anyone else been delaying things until BTC decides to go up in price again?
It is a bit painful. We are perhaps a little "overinvested" right now. Sure, we can sell coins right now (not even at a loss of what we paid originally) but it is a horrible time to sell, so we wait, and wait and wait.
In the mean time, we could really use a new couch, new carpet, have a zero percent credit card that we are just delaying paying because we don't really want to sell coins and then Christmas is just around the corner. The kids really want a nice Christmas.
Hopefully we are at least back to $600 by then? I can hope anyways.
Do you have a plan in case bitcoin goes below $275 and stays lower for several months or even 1-2 years?
This kind of thinking of delaying and being overinvested in bitcoin is going to lead to a massive panic dump like the good old times if we go below $275. Dunno if it will break, but be careful.
My plan is HODL and continue to buy, buy, buy.... and I hope this 1-2 years of continued bear-market scenario does NOT happen. I will stop buying and maybe even sell if something significant changes with the fundamentals - on the contrary, it seems to me that BTC fundamentals remain pretty strong.
I figure the worst case scenario would be the price stagnates until the halving in 2016. Really, who can say that the price won't increase at that point? I would think it has to.
2016 isn't that long. Many investments require years of patience.
670.
Post 9397254 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.28h):
Well, the good news is that even if we sell at $275, that is above our entry point. So the plan is sell only when totally necessary!
The question is more about what is deemed "necessary." If we have to sell a substantial amount we could and will but we won't need to for several more months (could delay it even longer if we take advantage of more zero percent interest credit but that is a game that I really don't like playing too much.) I think part of me feels like it is a game of who can wait the longest. There are people trying to shake out the weak hands and I don't want to be the "weak hands" being shaken out! Hodl on!
Sometimes I wonder if some of you even account for the possibility that the huge runups might be over.
It is about risk vs. reward. Sure, the "runups" might be over. In fact, Bitcoin could go to zero.
However, it could still be very early in it's growth and we could see $100,000 per coin or more.
The question then becomes is the risk worth the reward? I believe it is a resounding YES!
In a way, we all have the chance to become venture capitalists in Bitcoin with any small amount we are willing and able to throw in. Usually these kinds of investment opportunities are not available to the "little people" or people like me with very little money to throw in. By the time we get the chance to invest in the best companies, the VC's have already made millions and moved on to the next investment. These VC's are the risk takers. They throw money into companies that lose everything. However, for the few that make it their reward is beyond what we can imagine because most of us do not get those kinds of opportunities.
So that is why we are willing to be "all in" with what we have. For some of us, we had very little to begin with and if we end up back to where we started we can at least say we gave it a shot. That is a much better feeling than seeing the price rise to $1000, $5000, $10,000, or even $100,000 someday and then crying, "Why didn't I invest when it was $350!
When I say accounting for the possibility, I don't mean simply accepting that bitcoin could go to 0. I literally mean accounting: do you all have a financial plan so that you will be okay even if bitcoin does go to 0. Racking up huge amounts of debt that you won't be able to pay off if everything goes to hell is not really a great plan.
We will get a good little tax return next year that will pay most of the credit cards off.
The question is more about wants than needs I think. New carpet, new couch, a larger college fund for kids, better vacations,etc. But delayed gratification never really hurt anyone. As for college, I know many kids take out loans. We just want our kids not to have to deal with any college loans at all.
We are not going to lose the house or anything if that is what you are worried about.
671.
Post 9397309 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.28h):
In a way, we all have the chance to become venture capitalists in Bitcoin with any small amount we are willing and able to throw in. Usually these kinds of investment opportunities are not available to the "little people" or people like me with very little money to throw in. By the time we get the chance to invest in the best companies, the VC's have already made millions and moved on to the next investment. These VC's are the risk takers. They throw money into companies that lose everything. However, for the few that make it their reward is beyond what we can imagine because most of us do not get those kinds of opportunities.
She gets it -
BTC is the first truely public IPO in which we could see the actual price and be a part of.
...
The government tries to protect investment aficionados such as yourself from losing all of your money, as is already the case for many in this thread.
Not because it cares about you, but because it doesn't want to support you when you come begging for assistance after your money's gone.
Thank you government for "protecting us" from great investment opportunities and only letting the ultra rich, that already have plenty of money, take risks so that they can make even more money. I really appreciate that!
But it is legal for the poor to go to Vegas or buy lottery tickets and gamble it all away.
Some of us are aware of the risks. We are taking some "risks" but that is part of the freedoms we have a right to as Americans I would like to think.
672.
Post 9397338 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.28h):
We will get a good little tax return next year that will pay most of the credit cards off.
The question is more about wants than needs I think. New carpet, new couch, a larger college fund for kids, better vacations,etc. But delayed gratification never really hurt anyone. As for college, I know many kids take out loans. We just want our kids not to have to deal with any college loans at all.
We are not going to lose the house or anything if that is what you are worried about.
While you were the inspiration for my curiosity, it was more of a general question. I think there will be more than a few people who would be financially obliterated if bitcoin were to take an enormous hit, and that should be unacceptable for them, for their own sake.
True. The rules of Bitcoin should be:
1) Only invest what you can afford to lose all of.
2) Invest as much as you possibly can knowing this.
3) Have a plan for taking advantage of the "bubbles" if and when they come, and do so with as little emotion as possible.
673.
Post 9397381 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.28h):
We will get a good little tax return next year that will pay most of the credit cards off.
The question is more about wants than needs I think. New carpet, new couch, a larger college fund for kids, better vacations,etc. But delayed gratification never really hurt anyone. As for college, I know many kids take out loans. We just want our kids not to have to deal with any college loans at all.
We are not going to lose the house or anything if that is what you are worried about.
While you were the inspiration for my curiosity, it was more of a general question. I think there will be more than a few people who would be financially obliterated if bitcoin were to take an enormous hit, and that should be unacceptable for them, for their own sake.
True. The rules of Bitcoin
*(all investment) should be:
1) Only invest what you can afford to lose all of.
2) Invest as much as you possibly can knowing this.
3) Have a plan for taking advantage of the "bubbles" if and when they come, and do so with as little emotion as possible.
A little correction .
Not all investment opportunities are as amazing as Bitcoin though. Like Warren Buffet says, "Invest all your eggs in one basket and then watch that basket!"
Bitcoin is my basket of choice. So far, I am not disappointed in the outcome (Would like another bubble at some point of course.)
674.
Post 9408542 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.28h):
Gut feeling is that there's going to be a big movement upward in the next few days. I don't expect it to drop much lower from these levels.
I agree with you, except also, that I was thinking the same thing when it was bumping along at $385
I think this is true, at least I hope so. My husband was threatening to sell some again. He always does that when it is low though. I think one of his "super-powers" is an uncanny desire to buy high and sell low!
Of course, the only reason we are well into the green is that we have managed to hold long enough. Hopefully he has just a little more patience before he gives up this time. Once the price rebounds he will decide to buy and not sell any again.
675.
Post 9409714 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.28h):
Just a 'back in time' break here to the beginning of this thread when bitcoin was a whopping $67.43 according to the chart on the first post
april 16th 2013
https://bitcointalk.org/index.php?topic=178336.0man would that be a bummer if that turns out to be the 'mean' on the bitcoin bubble this last year!
heh puckered a few people up with that comment
anyway a lot of zooming about up down etc since then
Sometimes when it is really late and I am way too tired I open this thread and don't realize for a second that I am on the first page and I freak out at the $69 price for a second.
I guess the $350 price doesn't look too bad in comparison.
676.
Post 9418851 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.28h):
Not sure if this is off-topic here, but any thoughts on if the elections this week in the US are having any affects on the pumped up value of USD, the crazy low prices of gasoline (which always seem to precede an election for some reason) and perhaps the lower gold values which in turn could be affecting the Bitcoin price? Perhaps when Tuesday is over we will see some things shift? It will be interesting to watch.
677.
Post 9428135 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.29h):
OK. So there are some strange things going on in the US. Prices for gas are crazy low. The DOW is high. Gold is low. We have an election tomorrow and it seems that preceding a US election many of these things are manipulated.
I think that Wednesday things will start changing VERY fast. Gold will get bumped up, and like usual, Bitcoin will follow. Also, the lovely lower gas prices will inch back up. The DOW? I would be concerned that we will see that as well as the USD value go down in the next few weeks too.
678.
Post 9428357 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.29h):
OK. So there are some strange things going on in the US. Prices for gas are crazy low. The DOW is high. Gold is low. We have an election tomorrow and it seems that preceding a US election many of these things are manipulated.
I think that Wednesday things will start changing VERY fast. Gold will get bumped up, and like usual, Bitcoin will follow. Also, the lovely lower gas prices will inch back up. The DOW? I would be concerned that we will see that as well as the USD value go down in the next few weeks too.
I agree with you. Gas prices are suddenly very low in the past 2-3 months. Gold is low despite multiple rounds of QE, the DOW and the USD look artificially strong. Interesting times.
How it will affect the price of BTC waits to be seen.
I am leaving for India Thursday. The new bubble will most likely start then. Perhaps it is better if I have a more important distraction than watching the price anyways.
It can get way too addicting, especially when it is rising fast.
I do hope I come home to some good news though.
679.
Post 9430202 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.29h):
Or that. I can see that too
i have to admit this market is boring lately...
It is always a bit boring before it gets wild and crazy.
680.
Post 9430829 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.29h):
Bitcoin can't even consolidate and is still fighting to not go below $266. I don't understand how some of you are claiming the next bubble is starting soon. Is not the most clear indicator of full denial?
So is depression and despair all it takes to get this bubble started.
OK then.
Bitcoin is dead! It is going nowhere!
(we can go up now)
681.
Post 9430913 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.29h):
Bitcoin can't even consolidate and is still fighting to not go below $266. I don't understand how some of you are claiming the next bubble is starting soon. Is not the most clear indicator of full denial?
So is depression and despair all it takes to get this bubble started.
OK then.
Bitcoin is dead! It is going nowhere!
(we can go up now)
Words need to be followed by actions, or it doesn't mean anything.
And anyway, even if we reached bottom (which maybe not) bitcoin is not probably going to rally any time soon.
First it needs boring months of consolidation, where people can start forgetting how painful is going down for months. So they can start slowly gaining confidence and buying again.
I thought we already have several boring months of consolidation? It has been a very long year.
682.
Post 9430929 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.29h):
Bitcoin can't even consolidate and is still fighting to not go below $266. I don't understand how some of you are claiming the next bubble is starting soon. Is not the most clear indicator of full denial?
So is depression and despair all it takes to get this bubble started.
OK then.
Bitcoin is dead! It is going nowhere!
(we can go up now)
Words need to be followed by actions, or it doesn't mean anything.
And anyway, even if we reached bottom (which maybe not) bitcoin is not probably going to rally any time soon.
First it needs boring months of consolidation, where people can start forgetting how painful is going down for months. So they can start slowly gaining confidence and buying again.
I thought we already have several boring months of consolidation? It has been a very long year.
Going down, down and more down doing new lows in a dead cat bounce is not a consolidation.
Has the Bitcoin price ever really flat lined? I think it has been fairly steady for a while. All of October was around $350.
683.
Post 9440689 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.29h):
I still wonder if the US elections being over has anything to do with this pump. My thoughts are that the USD has been pumped prior to the elections (along with lower gas prices) and perhaps now that we are on the other side of them we are seeing a movement in price? Not sure but I wonder.
684.
Post 9446357 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.29h):
It's already been one month since 275, and people have been scared shitless the whole time. It's no wonder a change in sentiment is beginning to kick in now.
The 100 USD per coin trolls have gone quiet.
To be fair, the same thing happens with 1 000 000 USD per coin permabulls when we are heading down...i think that the true bitcoiners accept that it can go either way in short term and don't care about the short term price so much as others and they believe in BTC long term...
I've never even spent 1 BTC.
Holding for the long term.
I'd rather stand a chance at making some serious money with all of my coins in 10-15 years than sell at slight profits.
If the bottom falls out of this bastard & I lose my entire investment then so be it.
Wow. Impressive self control.
I try to hold my coins with a tight fist but there have been times when I haven't had a choice but to sell one or two. Then I try to buy back later. It is times like right now though when I feel like it would be stupid to sell, don't have cash to buy and then I need a little more liquidity that it gets really hard though.
All that said, taking advantage of the "peaks" over the next 10-15 years might be worth doing. Granted, these "peaks" are not easy to predict but having a plan to sell a small amount at intervals might allow more liquidity to purchase more on dips.
685.
Post 9446515 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.29h):
If you don't have enough liquid cash reserves or income that you are forced to sell a "coin or two" every now and then, you are doing it wrong.
I would have to agree with you. I was of the mindset to keep more cash in reserve but my husband figured Bitcoin had a better "return" than the crazy low interest rate the bank offers so we decided, albeit foolishly, to go ahead and keep our reserves in Bitcoin and pull from there when needed. Seemed a brilliant plan until we have had months of downward movement. On the upswings it is amazing though.
The only comfort is that we never really had much cash on reserve until we began investing in BTC, so really, it isn't that big of a deal. It is just that our BTC value isn't the same as it was a year ago.
686.
Post 9459462 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.29h):
I am off to India!
I might have some Wifi while there so I can check in perhaps. At least Emirites has free Wifi for the flight.
Don't miss me too much!
687.
Post 9634172 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.34h):
I want to be part of 10.000. You're awesome guys !
I really thought we would be back to at least $1000 per coin by page 10,000. Bitcoin is so unpredictable.
Sigh. Oh well. I have had more important things to do anyways then watch the charts.
India was amazing BTW.
Definitely life-changing. Bitcoin could really take off there. Everyone seems to have cell phones but there is very little banking abilities in the villages. I think it is just a matter of time. And it is just a matter of time before the BTC price catches up to what it should be.
688.
Post 9722320 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.36h):
Is Bitchick still in India? She has the right idea. We should all be volunteering in India, Africa, and other poor areas of the world and teaching them how to set up bitcoin wallets on their home personal computers.
are you trolling
From what I recall she was out on a help/charity mission there. As for the idea you're talking about; I find it splendid. Actually, what's missing is the way to explain to average people, how they'll be able to use bitcoin in those countries. If you (or anyone) have any good ideas that you could use to explain to them what bitcoin is and how they would set up a wallet, that would be awesome. Please avoid word like "random matrix" or "cryptography" they will turn around and run...
The majority people in underdeveloped (poor nations) do not have running water or electricity let alone a computer in the home this is why they are called underdeveloped or poor.
I am back from India.
I returned a couple weeks ago. I have been avoiding the boards because I am a bit depressed. Husband sold some coins while I was gone. I guess while the wife is away . . . Sigh. We really needed to pay some bills though so I wasn't here to argue with him. I am the one with the worst hodling addiction. We still have plenty of coins so please don't cry any tears for us.
I am actually glad my Bitcoin addiction has lessened. There are far more important things in the world. I know, it is hard to believe!
That said, I totally see a need for Bitcoin in India. Cell phones are everywhere but there are no easy ways, or even the ability for most people in villages there to pay for anything without using rupees. Most little stores only take cash. If they could transfer Bitcoin easily from cell phone to cell phone it would open up so many doors for ease of payment! I so wished that they already took BTC. It was really hard finding the exact change when a local guy came to the house we were staying at to sell us some Indian sarees (we were supposed to dress like the people there out of respect.) It was very difficult to pay him and I found myself dreaming of BTC.
I mentioned BTC to the head of Harvest India. He was interested/intrigued but not really ready to do anything about it yet. I am hoping once BTC takes off again, and if husband hasn't sold all the coins by then (half way joking) we can encourage him to take BTC with the promise of a generous donation if they do so.
I really think it is just a matter of time before Bitcoin takes off in these places. It will have a slow start but once the ball starts rolling it will be countries like India where it will revolutionize how payments are made, IMHO.
689.
Post 9722544 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.36h):
...
I am back from India.
I returned a couple weeks ago. I have been avoiding the boards because I am a bit depressed. Husband sold some coins while I was gone. ...
Faith in God restored!!1!
Hey, whatever it takes! If that was the outcome it was well worth it!
690.
Post 9722558 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.36h):
So Coindesk is convinved these 50,000 auction coins will sell for significantly below market. Thoughts?
I am pretty sure everyone thought the coins would sell for significantly less than market price last time too but we all know that didn't happen.
691.
Post 9723133 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.36h):
...
I am back from India.
I returned a couple weeks ago. I have been avoiding the boards because I am a bit depressed. Husband sold some coins while I was gone. ...
Faith in God restored!!1!
Hey, whatever it takes! If that was the outcome it was well worth it!
Enjoy watching a Christian money changer get her beloved shekels taken from her, won't lie
The Lord gives and the Lord takes away, but blessed be the name of the Lord.
Money/BTC is certainly not worth chasing after because it can come and go.
692.
Post 9788667 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.38h):
...
Keep accumulating.
This old chestnut again?
I'll say the same as I did 6 months ago or a month ago.
We'll probably reach our old ATH by mid summer, and hit anywhere from $7000 to $12,000 before crashing down to $2000-$2500, possibly before year's end.
We should be above $10,000 for good by this time next year.
Unless something comes along to break Bitcoin before then.
LOLOLOLOLOLOL
Where'd you dig that up from? Spend hours dredging through my post history? Get a life, noob.
Hahahahaha
I don't usually make predictions and you can see why.
Obviously thoughts of an ATH by mid-summer were a little premature, despite being the majority opinion here at the time.
Did you notice I used the words "probably" and "possibly"? Just in case English isn't your first language, the words mean that I wasn't saying we
would reach the suggested prices, but rather that I was
speculating that we
may have been on the way to reaching them.
While most of us may have been a little ahead of ourselves at that time, don't completely discount the possibility of reaching 5 digits some time next year,
possibly even by next May.
I'll give you the benefit of doubt and assume you're just a bumbling noob and not another ridiculous troll.
LOLOLOL
Many of us thought the same thing. Maybe we are just a year off? 2012 was an "off" year too for BTC so perhaps every other year is when we have growth in price?
Let's shoot for 2015 then.
693.
Post 9788948 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.38h):
BitChick, I normally don't do this, but maybe you should have listened to the FUD spreaders rather than the hopium sellers and decreased risk exposure so that you don't keep being addicted to the Hopium.
We have seen the ups and downs and have realized it all works out in the end.
This is the great delusion that markets bestow upon people, that a trend is invulnerable and "it all works out in the end" almost sounds like religious faith. I know that nothing I can say could possibly make you think otherwise, but still, please consider how you would react if Bitcoin slid 80% or 90% from here during the next 6 months. Even if the probability is small, are you ready for it?
Because this has happened before, and it happened in this very asset (even if you tell me that times are "different" now – well, to compensate, the price is higher to begin with!). I remember that time well. At the time, there was a long-term log support trendline, too, that was being drawn by everyone in this forum. It was violently BROKEN:
And guess what? That break ended up being the best time to buy. But few bought, for few had money to spare, and many of those who did have given up on Bitcoin. I will tell you that all along this decline, there was plenty of good news as well. I believe Bitpay was created amidst the bear market for example.
All I want to say is that eventually, all trends break. Prepare yourself for the improbable, because it is devastating to lose almost all of your wealth. Do not let your mind be compromised by Bitcoin cultists. Let this be a lesson from a former Bitcoin cultist who has made a fortune off Bitcoin by turning himself into a Bitcoin pragmaticist.
Trust me, my husband has way less faith in BTC than I do so we have removed 100% of our "risk" at this point. It does make it easier to sleep at night, and I still have a few "chips" in to play with, but I was one that was willing to take a greater risk than he was. Oh well. Win or lose Bitcoin is a fun ride for sure.
I still think we will go up dramatically though. Things are just getting interesting and the tide can change very fast.
694.
Post 9789151 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.38h):
I know lots of people like her followed reptilia ardently, but look where he is now. Somewhere pumping some scamcoin and playing some forum-based medieval kingdom RPG to blend out the dire reality. It's sad.
What's important to understand is that it is way worse to make a bad move than to make no move. The easiest way to do this is realize that there are actually hundreds of opportunities you aren't taking every day, where you are missing out on so much money. It's only that you have a limited scope of attention so you will be only psychologically exposed to some.
"There is the plain fool, who does the wrong thing at all times everywhere, but there is also the Wall Street fool, who thinks he must trade all the time. No man can have adequate reasons for buying or selling stocks daily– or sufficient knowledge to make his play an intelligent play." - Reminiscences of a Stock Operater, a great book.
There are only two prices that matter in regards to Bitcoin: The price you buy at and the price you sell at. Sure, there can be more money made if trades are timed well (with a little luck and some skill) but even those of us that are less skilled at trading have done fine just buying, holding for good length of time (over a year) and then selling. Could I have sold for more? Of course. Did I lose money? No. (Still holding plenty BTW so I consider myself a bull as always)
The biggest risk with BTC is the unanswered question of where it will be in a year or two or three. It will either be wildly successful, or it will be worth very little. These are the two most likely scenarios.
695.
Post 9789175 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.38h):
It's not about money, it's about evading the risk of bear markets that can devastate you, and even have you selling near the bottom because maybe you need money or maybe you actually are disillusioned because of your previous unrealistic hopes.
There is another way to evade this risk, and it's to spread your investment money over many different assets, but how many of you do that?
That is the plan. Personally, I have real estate, 401K, etc. But as the saying goes, "It takes money to make money." There is a greater ability to spread wealth around when there is wealth to spread.
696.
Post 9790427 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.38h):
It's not about money, it's about evading the risk of bear markets that can devastate you, and even have you selling near the bottom because maybe you need money or maybe you actually are disillusioned because of your previous unrealistic hopes.
There is another way to evade this risk, and it's to spread your investment money over many different assets, but how many of you do that?
That is the plan. Personally, I have real estate, 401K, etc. But as the saying goes, "It takes money to make money." There is a greater ability to spread wealth around when there is wealth to spread.
Great. And no, you didn't lose money if you made money, btw. Losing unrealized gains isn't losing money same as winning unrealized losses isn't winning money. It's just winning less and losing less.
Maybe most people here are actually pretty sensible, or have
been forced to become sensible by the bear market. I think the general consensus has been lately that "Bitcoin isn't going anywhere." This is what my hubby seems to think right now. He seems to be affected by the movements, or lack thereof, more than I am. When it is high he wants to buy more, when it is low he wants to sell. Basically, doing the opposite of what he does would work well.
Not that I am perfect by any means. I typically wanted to buy buy buy and never sell a coin! This mentality can be problematic if and when some cash liquidity is needed.
But all of that said, I feel that the bear market has caused many to not invest or pull out their investments and put them somewhere else. However these same people will be the ones that jump in and become entirely "insensible" when the market changes into a bullish one, which leads to such crazy spikes in price.
$10,000 per coin seems beyond belief but never underestimate the level of panic buying that can take place!
697.
Post 10018881 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.42h):
Adam is back!!
If Adam is back so am I.
Actually I have been busy with Christmas and a new job (I thought it would be fun to drive for Lyft. Fun? Maybe. Lucrative? Not so much but I guess more so than BTC lately.)
698.
Post 10041762 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.44h):
Crash was predictable/easy to time and started at china as always.
Nothing to do with this shit.
I think any problems at one of the major exchanges is enough to cause a sell off. I would think even more now after what happened with Gox. People are even less trusting now, or should be.
699.
Post 10094667 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.45h):
Shit.
Something is happening.
I can feel it.
I think we're going up.
I like reading your posts, you always say what I want to hear.
While we are waiting we can just listen to this
https://www.youtube.com/watch?v=YkADj0TPrJA
700.
Post 10095487 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.45h):
Bitstamp's open
Yes, I've logged in, and it really feels a bit more responsive than the old site. Too bad it costed 19,000 BTC to move.
At least they got some "free" press from all of this. Hopefully that helps with the loss. Also, I hope and pray this site is more secure. A few days is not a very long time to make an entirely new site.
701.
Post 10095663 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.45h):
So, who actually did what they said they would when the price dropped below the 300$ mark, how many BTC did you buy? I'll start, I bought 15 at 290$. Why did you or did you not buy? And did you intend to buy before the price actually dropped, and why if so, did you change your mind?
I had the funds ready exactly for this purpose, as a long term investment. It was the amount of money I could "gamble/do without", so I will not sell those along with the rest of my Bitcoins in my long term wallet. I have a price in mind when I would sell.
I continue to buy and spend on a smaller basis, just because I love using Bitcoin and to show ease of use to people I know, i'm going on holiday next week to Asia and I am going to find places such as bars or grocery stores that accept Bitcoins just for the fun of paying with it. Never spend any Bitcoin in a physical store.
Very interested in your replies!
I bought some (@$280). I was very relieved too because my husband sold some while I was on a mission trip to India. :/ I was upset he sold a substantial amount of our holdings but then had to humbly admit he was right at selling some at $380. I really hate saying he is right.
702.
Post 10096078 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.45h):
Whatup bulls, y so quiet all of a sudden?
Some of us have work to do.
We are patient. Very patient.
703.
Post 10096129 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.45h):
Whatup bulls, y so quiet all of a sudden?
Some of us have work to do.
We are patient. Very patient.
Yes we're patient... But I wouldn't mind seeing some exciting stuff happen in 15min
Haven't been this expectant since watching live the recovery from the Silkroad 1.0 crash
It feels like old times.
704.
Post 10096228 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.45h):
LMFAO...wtf is this ? The countdown to bitcoin's mass adoption ? I find it funny that people rely on some exchange news in order to get a lousy pump
The fact that we are still affected by one exchange is just further proof how early we are in this game, but we are far better off than we were a year ago, relying on GOX as our main exchange.
705.
Post 10097169 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.45h):
Is Crypto done?
I think this is what is going on. Bulls and bears are waiting for the other to make a move.
706.
Post 10097645 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.45h):
Cmon okcoin/huobi, get with the program :p
It is only 7:30 AM (on Saturday) in Beijing. Maybe in an hour or two they will start buying.
707.
Post 10099902 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.45h):
Did someone just make 2 1000 BTC purchases on Stamp?
708.
Post 10109942 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.46h):
Chartbuddy you are without a doubt my favorite user on here.
I want you to know I love you
Chartbuddy is certainly the most neutral one here.
709.
Post 10126285 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.46h):
But Max Keiser told me that my coins would be worth 1 million dollars by now
If you have 3700 coins then he would be correct.
710.
Post 10146814 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.48h):
The pictures some of you are posting on here are more painful than the price drop.
711.
Post 10155676 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.48h):
For whatever reason $18,000 for 100 BTC doesn't sound like that great of a deal....
When the price is low it never feels like a good deal at the time. Just keep that in mind.
712.
Post 10158479 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.49h):
CCMF!
Um, can we at least wait till we get back to the 200's? I would even say we should wait until the 300's for any CCMF posts.
713.
Post 10165193 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.49h):
Good morning fellow bitcoiners. So glad we are back in the 200's now. I can honestly say I did not expect to ever go back to the 100s, but as always, Bitcoin can suprise us. The good news is that it can surprise on the upswings just as much as it does when the price falls.
I am annoyed that we are back to the words "Ponzi" and "Worst investment" on some of the major news outlets though. Some things never change.
714.
Post 10166970 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.49h):
From 162 to 215.. not bad. I don't think we'll hit lower.
I'm surprised we went below 200.
Right!? I just hope Bitcoin suprises us as we go the other direction now. I really don't think we can go above $10,000!
715.
Post 10167163 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.49h):
From 162 to 215.. not bad. I don't think we'll hit lower.
I'm surprised we went below 200.
Right!? I just hope Bitcoin suprises us as we go the other direction now. I really don't think we can go above $10,000!
Anything's possible, almost nobody thought it could go over $1000 in the early days.
And after it went to 1000, no one would say that 1 year later we would see sub 200 again and reduced volume.
Anything is possible either way
True, it works both ways. Anyone suggesting we could go below the previous ATH was ridiculed six months ago. It's anyone's guess how low or high it could go.
This is what makes Bitcoin so much "fun." Especially for those that like surprises!
716.
Post 10177748 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.50h):
I am very bullshit on bitcoin at the moment.
That feeling is a sign it is a VERY good time to buy IMHO.
When we all feel euphoric it is time to sell.
717.
Post 10178713 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.50h):
I am very bullshit on bitcoin at the moment.
That feeling is a sign it is a VERY good time to buy IMHO.
When we all feel euphoric it is time to sell.
Look at yourself, you've been swimming in this delusion for almost a year now, telling everyone it is a good time to buy and how you feel this is maybe the launch and about how your guts feel it...BTW, did you pray today so your lord can save you from your ignorance ?
Wow, anger much? How did this turn into a debate about religion? I think you're going a bit off topic here.
Because this is a person who said God talked to her friend and told her to buy coins. People like this deserve to be ridiculed.
But what if anything under $1000 is still a good deal in the long run? Maybe we are all being a little short sided here?
But that said, if you guys really want me to leave this thread I will. I would think that having someone from a different walk of life with differing view points might add some interest here but if I am not wanted here I will leave.
718.
Post 10196137 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.50h):
Why do I even try to trade.
I just keep making the wrong decisions and losing my btc.
This is why some of us have just decided the best strategy is to buy and hold (at least until the price reaches a determined sell off point.)
But there are a few that seem to make the trading look easy. I, unfortunately, am not one of them.
719.
Post 10201014 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.51h):
Big buy on Stamp
I just looked and it was a 1324 BTC purchase all at once. Wow!!! All we need is a few more of those to get this rally going.
720.
Post 10201643 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.51h):
Looks like Bitstamp has started buying back the 19k stolen coins.
I thought it started at Finex. Anybody see who shot first?
If they decided to buy them on exchanges why would they wait until now rather than buy at ~150 to ~160?
maybe they expected even bigger drops?
Some analysts have not discounted the possibility. However I'd have thought Bitstamp would do OTC trades.
Perhaps they have been working on OTC trades but still need more coins than they can get?
Or maybe some rich investor just decided to start buying over a 1000BTC in increments?
We can speculate.
721.
Post 10261078 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.52h):
Condolences to those who sold at $170. They should have known better.
At least $ buys more € now so you can come to Europe and waste your money as long as it is still possible
Some do not choose to listen to the wise.
But hopefully they can learn from past mistakes?
Regardless, it is still a great time to buy even now. Buy and hold people!
722.
Post 10261184 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.52h):
Is it the coinbase news thats causing the bitcoin price to go up ? Or some other news ?
No news event. This is a pump and dump.
Just watch it will unfold within 12 hours.
I think it is time for pump and pump and pump and pump. Then maybe we will dump?
After a long and painful 2014 a bubble is long overdue.
723.
Post 10305080 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.54h):
Isn't it payday for a lot of western salaried workers in ten minutes?
Most people in the US have automatic deposit in their accounts which will happen tomorrow.
724.
Post 10450525 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.58h):
Is this finally the start of a new Bitcoin bubble? If so, this will be the BEST Valentines Day gift ever!
(I am sure hubby will agree with this. We determined not to "boycott" Valentines Day after several way too stressful attempts at romantic dinners early on in our relationship.
)
725.
Post 10541507 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_13.59h):
We are 18 months from halving, when will we start to see the halving bubble start to build???
I am thinking it is a year out.... languish around 300 for another 12 months....
That kind of sideways after this long barf market will end up in a violent and parabolic bull market of epic proportions. Even at this stage of the game, things could get nasty real fast but the longer it goes - holy s h i yeah(t).
Some of us do not think of a "parabolic bull market of epic proportions" as "nasty" but rather a dream come true.
I can only hope. But at this point I have resolved myself to having at least enough patience to get to next summer.
I am thankful we have the halving to look forward too, regardless of all the other things that affect the price. Half the supply of Bitcoin being available at that point is something that cannot be manipulated at least.
726.
Post 10550195 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_14.00h):
pretty pathetic bear raid attempt by the greedy noisy, bearpig trolls ... seems like it had to be done though as price was breaking out sideways so they are getting extremely desperate now, as we can tell from the synchronised hating fest that seemingly came from nowhere in time for the quietest time of the market ... chinese NY over tomorrow and fiat starts hitting the exchanges again, need to paint the tape for that
The beartrolls are scammers of the highest order. Worse than neobee or a host of other failed or scammy bitcoin ventures and are just as fraudulent in trying to scare emotionally or financially weak people out of their coins. At least the outright scams asked nicely instead of using fear or emotional engineering.
They lie about their objectives and try to obfuscate the truth by making it seem like their motivations for posting are out of moral duty to save fools from losing their money when in fact they are not ethical agents, just greedy book talkers or seriously confused dipshitsThe short term price movements mean little in the face of what bitcoin has done in a very short time. Amateur hour is pretty much over. Stronger hands that are capable and ethically motivated are gearing up the engines and the real crooks are looking to game or exploit this experiment (which is expected and necessary).
However bad the first wave has been (Hello MagicalTux!), they did bootstrap a whole transparent world value ledger and multibillion dollar value economy to this point and must be lauded for their fearlessness of living on the lunatic fringe that also happen to be the spearhead of innovation. Here's to the ones crazy enough to think they can change the world.
TL;DR for newbies : Trollbear trader scammers want to cheat you out of your chance of a decent future stake in the most exciting technology/economy shift since the internet itself. Don't be stupid and put yourself at risk in the short term markets and risk another gox, wait for legitimate and secure exchanges or even better just spend them directly when it is ubiquitous. Do this instead FTW!:
1. Buy as much as is comfortable and healthy for your budget at as close to the bottom of long term bear cycles as possible.
2. Put duplicate private keys in cold storage in multiple safe locations and forget about them for a while.
3. learn and grow as an individual learning about economics, ethics, business, blockchain tech, etc. and develop your self discipline so when you have a lot of wealth you can use it wisely instead of what often happens to lottery winners, successful thieves or scammers, or other instantly rich, soon to be poor folks who often get very sick from not knowing how to handle all the stresses and temptations of managing wealth.
4. Have a long term vision and set goals for it, filling in the short term steps and details along the way.
5. Profit and enjoy your wealth and life with people who love you properly, building good things to exchange and taking on challenges to the benefit of yourself and your fellow humans.
Where is the "like" button.
Wisdom is hard to find in a world of foolishness.
#1- Check (always wishing I had more to invest on the bottom of these cycles but that is the way it goes I guess)
#2- Check (thanks to technically minded husband)
#3- Check (this thread can be difficult to learn much on but I have actually learned quite a bit on other threads here! I feel like I have had a crash course in Economics in just the little under 2 years I have been involved in the BTC community. So much to learn)
#4- Check (Patience is a virture. Long term thinking is key.)
#5 Check (Had some "profit" but nothing really life changing yet. The goal is to at least pay for our kids private college without any debt with the help of our BTC investments, God willing.) Edit: I did use a small amount of BTC, some of which was even gifted to me by one benevolent community member here, to go on an amazing and life changing trip to India a few months ago. I am looking forward to doing even more world-wide outreach when the funds are available to do so.
727.
Post 10591382 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_14.00h):
Speaking of "marshall auction next week" is this the last of the coins the feds have to auction at this point? I hope so. I think that it has caused some parties to keep prices deflated for hopes of purchasing in at a lower price, or just the fears that price will plummet because of such a huge amount being sold off.
728.
Post 10591539 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_14.00h):
Speaking of "marshall auction next week" is this the last of the coins the feds have to auction at this point? I hope so. I think that it has caused some parties to keep prices deflated for hopes of purchasing in at a lower price, or just the fears that price will plummet because of such a huge amount being sold off.
no there is another batch
It would be nice if we could just get the auctions out of the way really. I guess with Bitcoin it will always be something going on though. What would it feel like without scandals, bankruptcies, coin seizures?
729.
Post 10591612 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_14.00h):
Price not going up? Where is dev?
@billyjoeallen stopped buying MOAR ...
Is he one of the devs?
Dev promised roadmap "coming soon".
I'm hodling strong but children are screaming and wife hates the invisible coins.
What to do?
Is this scam?
re wife: flowers, always flowers.
This is true. Buying flowers to wife is always smart, but economically it is the equivalent of burning coins.
I would totally prefer coins to flowers! How about an origami flower made out of a paper wallet? That would be perfect!
730.
Post 10592511 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_14.00h):
Speaking of "marshall auction next week" is this the last of the coins the feds have to auction at this point? I hope so. I think that it has caused some parties to keep prices deflated for hopes of purchasing in at a lower price, or just the fears that price will plummet because of such a huge amount being sold off.
no there is another batch
It would be nice if we could just get the auctions out of the way really. I guess with Bitcoin it will always be something going on though. What would it feel like without scandals, bankruptcies, coin seizures?
why do people ignore the 200.000 MtGox coins which will be either hitting the market or beeing distributed to creditors this year ?
I thought that they were already "distributed" in that they are "missing?" Correct me if I am wrong here.
731.
Post 10595916 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_14.00h):
Well, with this pump i'm quite confused. Why would you want the price to go up before the auction unless bull trap? Or trying to make it tougher and more expensive to purchase the lot of coins?
So confused with all this green. I like the movement though! CCMF?
Confusing "green" is what Bitcoin likes to do. (confusing red happens too but that is not as much fun.)
I so hope this is the start of good things to come!
732.
Post 10595963 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_14.00h):
This crap is looking like another P&D based on chinese wash volume trying to dump as high as possible before auction dump imo, its unhealthy without any decent good news.
"Good news" isn't always necessary.
However, I was wondering if there is some "news" that hasn't been published yet? Some insider stuff going on perhaps?
I will take any pump we can get at this point though!
733.
Post 10596098 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_14.00h):
new bottom is gonna be 240 for a while, then moon... hopefully
Let's just skip the bottoms and shoot for the moon this time.
Thanks.
734.
Post 10603758 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_14.01h):
We've seen a bottom, nothing is stopping this train now.
A slow climb back upto 1000 USD before the next halving.
When has Bitcoin exerienced slow climbs? Slow declines appear to be common but the rises never seem to be very slow.
735.
Post 10604718 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_14.01h):
We've seen a bottom, nothing is stopping this train now.
A slow climb back upto 1000 USD before the next halving.
When has Bitcoin exerienced slow climbs? Slow declines appear to be common but the rises never seem to be very slow.
They don't last as long as the slow declines have, but they certainly happen:
http://bitcoincharts.com/charts/mtgoxUSD#rg60zczsg2013-6-30zeg2013-10-30ztgSzm1g10zm2g25zvHere's a good example of the slow climb that preceded the November 2013 ATH.
Edit: Not saying we will see the same of either again, as the market is much different now - but we have seen it before. I definitely do not think it would remain slow up to/past $1000... - if it goes that high, it will be on the back of a much more violent honeybadger.
But even the "slow climb" in October 2013 was followed by a huge spike to the November ATH. I guess we could have another month of slow growth but if that is the case I would still expect a bubble at the end.
736.
Post 10635594 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_14.01h):
ChartBuddy, you are looking a little bit better with more "weight on you."
737.
Post 10649758 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_14.02h):
You guys think $1000 by end if the year Is possible
Absolutely.
738.
Post 10730000 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_14.03h):
Who cares about Loaded? Last time he made a winky face the price was a lot higher, and people thought that somehow his wink predicted a new bubble. He's a guy with a lot of bitcoins, he can't push the price up.
I have a feeling that he is now a guy with plenty of cash reserves too.
But hey, if you want to taunt him by saying he "can't" push the price up that is fine with me.
Hear that Loaded? You can't push the price up. I dare you to try!
739.
Post 10730184 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_14.03h):
Get out now. Good luck.
EDIT: price right now is $289 at stamp. For future reference.
Get out of what? Cash?
Now is a good time to go all in BTC.
740.
Post 10751444 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_14.04h):
Thread retarded again, shit's gonna happen..
smelling incoming pump
btw. tbh thinking deeper about it, satoshifanclub is kinda right and i took it a step further: what would happen if tommorow an asteroid hits the earth and kills nearly everything on earth?
no bitcoins, no millionairs and we wouldnt even need community consensus for that to happen....?
He is right in that it is technically possible, but he underestimates the obstacles to this happening. However, I can imagine a time in the future where the ruling consensus is that Bitcoin needs to start the printing press again because it has grown too big for its 21 million and many decimal points. But by then Bitcoin has taken off big time and we'll all be dead or millionaires/billionaires.
An asteroid could hit the earth. Lightning could strike us randomly. We could be hit by a car. So many ways to die out there. Hence why it is wise not to put all our trust in money, BTC, gold, silver, or anything else but God.
Not trying to tick anyone off with this, but it is wise to think about the fact that death is something we will all have to encounter at some point. Strangely, death is something I really don't fear anymore. Sure, the pain doesn't sound fun, but I have peace that there is so much more to look forward to on the "other side" thanks to Jesus.
741.
Post 10823853 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_14.05h):
I see some people are talking about bears and bulls? What the heck does this have to do with bitcoin anyhow? I'm a total newb by the way....
In stocks there are "bear markets" and "bull markets."
For an over simplified description:
Bears are pessimists
Bulls are optimists
Bears believe the price is going down
Bulls believe the price is going up
Why anyone who is involved with BTC enjoys being a "bear" is beyond my understanding. Sure, bear markets are a part of the cycle but I would think logically being a long term "bull" makes more sense.
742.
Post 10823924 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_14.05h):
I see some people are talking about bears and bulls? What the heck does this have to do with bitcoin anyhow? I'm a total newb by the way....
In stocks there are "bear markets" and "bull markets."
For an over simplified description:
Bears are pessimists
Bulls are optimists
Bears believe the price is going down
Bulls believe the price is going up
Why anyone who is involved with BTC enjoys being a "bear" is beyond my understanding. Sure, bear markets are a part of the cycle but I would think logically being a long term "bull" makes more sense.
Because it is the way you make money in a bear market like this one for 16 months?
Follow the trend and make money. Don't fight against it.
I get that. Taking advantage of the trend is smart, if you have the ability to do so. But when the price starts to swing the other direction do these same people become "bulls" or do they just stay "bears?" I have respect for those that are bears in a bear market and bulls in a bull market and have the wisdom to see which market we are actually in!
743.
Post 10824114 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_14.05h):
I see some people are talking about bears and bulls? What the heck does this have to do with bitcoin anyhow? I'm a total newb by the way....
In stocks there are "bear markets" and "bull markets."
For an over simplified description:
Bears are pessimists
Bulls are optimists
Bears believe the price is going down
Bulls believe the price is going up
Why anyone who is involved with BTC enjoys being a "bear" is beyond my understanding. Sure, bear markets are a part of the cycle but I would think logically being a long term "bull" makes more sense.
Because it is the way you make money in a bear market like this one for 16 months?
Follow the trend and make money. Don't fight against it.
I get that. Taking advantage of the trend is smart, if you have the ability to do so. But when the price starts to swing the other direction do these same people become "bulls" or do they just stay "bears?" I have respect for those that are bears in a bear market and bulls in a bull market and have the wisdom to see which market we are actually in!
Of course they become bulls but lets not forget we're in an overall 15 month long downtrend. Each time making lower highs. $315 was the top of the "coinbase pump" if we go down from here its still a bear market imo after not convincingly breaking $300 and retesting the previous bottom is not out of the question. Anyone who tells you thats impossible are the same people saying we could never go below
400300 200. People would make so much more money if they didn't fight the trend. Yesterday was an epic day, profits were over 300%. Just ride the trend and don't sit there staring at the screen wondering why.
Like I said, not everyone has the wisdom to see what kind of market we are in. Some of us, myself included, have tried trading and realize that we totally suck at it. I haven't lost anything thankfully, mostly because I actually listened to my husband and we sold some off when the price was higher. We then bought some back at a lower price and are now in the "green" but I feel like to trade would not be wise for me to do because I am just not very good at guessing which direction we are moving. If I believe the price is going to go up long-term, which I do, then holding long-term is less risky for someone like me. Hence why I am a long-term bull.
744.
Post 10824759 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_14.05h):
I'm out.
These price fluctuations are a testament to bitcoin's volatility.
Smell ya later when the price is a bit more stable and reasonably priced.
See you in the thousands then, thats the only time there will be enough liquidity for stable prices.
silly bitch
Why silly? (Because she's right.)
Don't know about the bitch part, though.
I must have missed the part where I changed into a female lol.
If the comment had been made to me it would have worked.
But that said, volatility is part of the "fun" in this early phase of BTC. When BTC becomes less volatile the price will be so much higher that there will no longer be the ability to achieve as much gains as those that invest now will have.
I have said it before, and I will say it again, people often think about the risks of buying BTC, but what people often seem to overlook is the risk of NOT buying right now. Lost opportunities are a risk too. I could have purchased some coins at $1 when my husband first mentioned BTC to me. At that point we were concerned about the legality of it all so we did not invest for that reason but we still lost out on some amazing gains which is unfortunate. We still got in at a good price in early 2013, but only invested a small amount we were willing to lose 100% of because we were not sure of where BTC was really going. But I am glad we took that risk early on.
For those of us that have been through a couple Bitcoin bubbles, we know how crazy fast the price can rise when it finally decides to do so. I believe it is more painful to miss out on that than just riding out these crashes, or equally so.
745.
Post 10825877 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_14.05h):
I'm pretty sure yesterday was the last time we'll see sub $250 coins.
Some of us have learned our lesson about not posting "the last time we'll see" anything when it comes to BTC!
746.
Post 10903627 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_14.07h):
I just had an idea about how to explain bitcoin: A bitcoin is real estate on the most secure public ledger in the world. Bitcoins are similar to land in that that the total amount is fixed. How much real estate? 1/21 millionth.
That is a very good analogy, except that there is no real land.
A bitcoin is a bearer certificate of property of some fixed number of square miles of real estate on Tatooine. Other altcoins are certificates of real estate on other imaginary planets.
The value of bitcoins is supposed to come from its hard-to-forge public land registry, where record of possession of one of those imaginary plots can be easily transferred to another person only with knowledge of the private key of its current possessor, without the need for a trusted intermediary etc.
Not any more imaginary than fiat, Prof. And time stamps have a value all their own.
fiat is more imaginary and its value is harder to understand, it's an IOU to an imaginary and limitless resource.
As for the "real estate" analogy, I used to work as a real estate agent and I noticed that the same type of people that are willing to purchase and use Bitcoin are the same people that are more visionary when shopping for homes. Some clients that I have had will walk into a house and if it isn't exactly what they think it should be, even to the furniture (which isn't even sold with the house) to the color of the walls they won't even give the house a chance. Others can walk into an empty house, or even a house that is in need of some improvements and realize that the house is in a fantastic location with huge potential and is a steal at the price it is. These are the people that get the best value for their money.
As early investors in BTC we are the more visionary types. We have seen the "empty house" so to speak and realize that once the furniture is in place and the walls are painted nicely it going to be an amazing investment!
It takes a while to fix up a house though unfortunately.
747.
Post 10908543 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_14.07h):
...I noticed that the same type of people that are willing to purchase and use Bitcoin are the same people that are more visionary...
While we're on the subject of visionaries and their
mental illnesses visions, how's your mentor Reptilia doing? Haven't heard much from him lately, still holding your hand through the tough times is he?
Speaking of Reptilian, I wonder where his long term value chart is at now? For some reason, he stopped updating it months ago...
I think most of us "bulls" or those that believe in the long term viability of Bitcoin, or other cryptocurrencies, look for patterns that show long term growth and value. Although there is some truth to the charts it is not a perfect science. Some things are still just very unpredictable in this new and developing market. It is better just to ride out these moments.
But if I was Risto, and had plenty of other opportunities and investments to manage, I wouldn't be wasting much time on these threads, especially this thread. I happen to have too much free time on my hands I guess.
748.
Post 10930362 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_14.08h):
ETA on next major rally?
is this confirmed?
Yes, but
it keeps resetting.
Darn it. No wonder the price keeps stagnating.
749.
Post 10934739 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_14.08h):
Pretty obvious the reason for the rise right now.
what is it?
Federal agents stealing BTC is covered in mainstream media in the states.
yes that is pretty good news
So bullish. So many people look to the feds as being the "good guys." If the "good guys" want BTC so badly that they are willing to steal them then there must be something good about getting them.
750.
Post 10957443 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_14.08h):
how long am I going to have to wait??? huh?
Yesterday I was feeling bearish- VERY bearish. I felt the most bearish I have ever felt.
I even went online and was looking for a high paying job. Bitcoin was failing me.
Perhaps the fact a permabull like me was feeling this way is a true sign we reached full capitulation and we are finally on our way up?
Hopefully the wait is over!
751.
Post 10957555 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_14.08h):
how long am I going to have to wait??? huh?
Yesterday I was feeling bearish- VERY bearish. I felt the most bearish I have ever felt.
I even went online and was looking for a high paying job. Bitcoin was failing me.
Perhaps the fact a permabull like me was feeling this way is a true sign we reached full capitulation and we are finally on our way up?
Hopefully the wait is over!
Keep looking for that job. Bitcoin will not save you from needing to work for your money. If you don't think so, then that is a true sign the worst is still to come.
It isn't like I don't work, however, as a mostly "at home" mom I don't work full-time. I do a real estate transaction here and there and some other side jobs. I was just thinking of finding something more permanent and full-time. It would actually put a strain on the family to do so though. Another Bitcoin bubble would make things just a little easier. I am sure I am not the only one on here that feels that way.
752.
Post 10957841 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_14.08h):
how long am I going to have to wait??? huh?
Yesterday I was feeling bearish- VERY bearish. I felt the most bearish I have ever felt.
I even went online and was looking for a high paying job. Bitcoin was failing me.
Perhaps the fact a permabull like me was feeling this way is a true sign we reached full capitulation and we are finally on our way up?
Hopefully the wait is over!
Keep looking for that job. Bitcoin will not save you from needing to work for your money. If you don't think so, then that is a true sign the worst is still to come.
It isn't like I don't work, however, as a mostly "at home" mom I don't work full-time. I do a real estate transaction here and there and some other side jobs. I was just thinking of finding something more permanent and full-time. It would actually put a strain on the family to do so though. Another Bitcoin bubble would make things just a little easier. I am sure I am not the only one on here that feels that way.
I wouldn't mind it being a more sustainable trend than a bubble.
I think we will have a few more bubbles until we get to that point. But what do I know? I admit that I have been repeatedly surprised by BTC since when I first bought in 2013.
753.
Post 10992929 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_14.09h):
Bitcoiners angry because their moon rocket fizzled.
Again.
We have just been testing the rockets a few times. We haven't seen takeoff yet.
754.
Post 11090545 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_14.11h):
Does everyone realize that taxes are due tomorrow in the US (April 15th)? The recent sell off is obviously miners cashing out to pay taxes. Nothing to worry about.
Oh yeah.
Why do I forget that taxes make the price fall every year?
755.
Post 11090812 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_14.11h):
Does everyone realize that taxes are due tomorrow in the US (April 15th)? The recent sell off is obviously miners cashing out to pay taxes. Nothing to worry about.
Do you think everyone lives in the US? I remember their population is less than 300 million. World is more than 7 billions.
True but those 300 million control the planet like it or not.
hahaha........spastic!
consume perhaps, control - hardly!!
They cant even control themselves let alone the rest of us!
756.
Post 11605685 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_14.17h):
Hi everyone. If anyone cares, I am still holding, still a bull, not really worried about this long plateau. It has been rather boring lately though.
757.
Post 11625837 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_14.17h):
yes let's remain calm no choo choo trains just yet
I was just thinking that a dam can break from just a small leak of water though.
758.
Post 11633506 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_14.17h):
Some of us long time holders have been hanging out in the bunker for a while now.
759.
Post 11634049 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_14.17h):
i think we saw the breakout of resistance , and $300 should happen later this month.
later this month, or later today.
760.
Post 11635666 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_14.17h):
so can we expect another year like 2013 with 2 bull runs in one year?
Unlikely, but let's cross our fingers. I doubt there will be as much buying power as last time though, we don't have China.
We are getting a little later start than 2013. I would be happy with just one bull run right about now.
761.
Post 11747035 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_14.19h):
That 700 BTC market sell just now on Stamp had zero effect on price. Looks like resilience, should only go up from here.
Saw that. For some reason I really enjoy it when those that are trying to dump do not succeed.
762.
Post 11823647 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_14.20h):
I would like to think that things like this happening would be enough to get a few more people interested in diversifying their portfolios into BTC but what do I know. . .
763.
Post 11823890 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_14.20h):
Man, the global economic meltdown is happening too suddenly. I wasn't ready yet. Also.... what's taking so long for everyone to go all in bitcoin?
Will anyone really be "ready" for an economic meltdown? We can buy a few BTC, diversify investments, stock up on supplies, etc. . . but we are fooling ourselves if we really think we can be ready for such a thing.
764.
Post 11824211 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_14.20h):
Man, the global economic meltdown is happening too suddenly. I wasn't ready yet. Also.... what's taking so long for everyone to go all in bitcoin?
Will anyone really be "ready" for an economic meltdown? We can buy a few BTC, diversify investments, stock up on supplies, etc. . . but we are fooling ourselves if we really think we can be ready for such a thing.
I don't think it's that sudden, I just spent all my fiat on a 500ha farm last month... perfect timing! Was supposed to use my bitcoin stash but the price wasn't right... looks like it was a good call
OK. So maybe there are few people out there that might be "ready" but the vast majority are not ready.
765.
Post 11824331 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_14.20h):
Man, the global economic meltdown is happening too suddenly. I wasn't ready yet. Also.... what's taking so long for everyone to go all in bitcoin?
Will anyone really be "ready" for an economic meltdown? We can buy a few BTC, diversify investments, stock up on supplies, etc. . . but we are fooling ourselves if we really think we can be ready for such a thing.
I don't think it's that sudden, I just spent all my fiat on a 500ha farm last month... perfect timing! Was supposed to use my bitcoin stash but the price wasn't right... looks like it was a good call
OK. So maybe there are few people out there that might be "ready" but the vast majority are not ready.
Yep, that's unfortunately how all of these sorts of things turn out
But, the writing has been on the wall for a very long time, people have been speaking the truth about money for years on here and for decades all over the internet, but most seem to be looking for a get rich quick scheme and they will always be left behind.
It gets tricky when you have kids/family. Selling everything and moving to a farm is not necessarily doable then. I don't have much of a green thumb either so the idea of owning a farm is not pleasant.
I think diversifying into BTC is a good start for those of us that are not able/willing to find ways to live off the grid.
766.
Post 11826673 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_14.20h):
seems like the global market is shifting from a 6 year constant bull market everywhere.
On top Greece is creating a big threat to the Euro as a hole.
Let's see.... If the global system shatters with the next crash... Jesus I don't even want to think about it.
Sadly I think Bitcoin will not work in a world with a big global crisis. Other things will be more important like food, Fuel and so on.
But during the crash it might be the best time to buy bitcoin if it dumps as well. People will look for alternatives once the system stabilizes.
lets see how it goes... I mean Greece is starting to get to an anarchy.. if banks stop withdraws completely in the next 2 days people will not even be able to buy food in urban regions.
Hodlers are going to be severely tested if your hypothesis ends up being correct.
Holders have already been "severely tested" since the beginning of 2014. I think many of us are fine with whatever happens. We have weighed the risks involved and still see the huge potential and think that holding is worthwhile, all the more now that trust of banks is being lost.
Hodl on!
767.
Post 11851632 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_14.20h):
I am assuming that once we pass the $300 mark things really start getting fun.
I am a little frustrated today though. My husband told me that his aunt, which decided to purchase a few coins at $650 a while ago, called yesterday and wanted to bail out and told him to sell them all (he was holding them for her because she seemed to have difficulty with computer security). Really? Right when the rally is just getting started? Sigh. Now is the time to buy or at least HODL!
768.
Post 11851721 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_14.20h):
I am assuming that once we pass the $300 mark things really start getting fun.
I am a little frustrated today though. My husband told me that his aunt, which decided to purchase a few coins at $650 a while ago, called yesterday and wanted to bail out and told him to sell them all (he was holding them for her because she seemed to have difficulty with computer security). Really? Right when the rally is just getting started? Sigh. Now is the time to buy or at least HODL!
That is the definition of a weak hand.
I don't feel sorry for those weak hands. If you can't keep your BTC safe, sell with loss. People who realise this opportunity will gladly buy them coins and make huge profits on short term.
When it is family it is hard not to feel sorry for "weak hands". We will probably just pay her the difference later when the price increases, but that means that we are losing a couple grand just because she got scared and bailed.
I would have just sent her cash and kept the coins but we are not that liquid right now. Most of our extra cash is tied up.
769.
Post 11852520 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_14.20h):
I am assuming that once we pass the $300 mark things really start getting fun.
I am a little frustrated today though. My husband told me that his aunt, which decided to purchase a few coins at $650 a while ago, called yesterday and wanted to bail out and told him to sell them all (he was holding them for her because she seemed to have difficulty with computer security). Really? Right when the rally is just getting started? Sigh. Now is the time to buy or at least HODL!
That is the definition of a weak hand.
I don't feel sorry for those weak hands. If you can't keep your BTC safe, sell with loss. People who realise this opportunity will gladly buy them coins and make huge profits on short term.
When it is family it is hard not to feel sorry for "weak hands".
We will probably just pay her the difference later when the price increases, but that means that we are losing a couple grand just because she got scared and bailed.
I would have just sent her cash and kept the coins but we are not that liquid right now. Most of our extra cash is tied up.
That would be the worst thing you could do (ok, maybe not worst, that would be just telling your aunt the bitcoins were lost in a tragic boating accident and giving her nothing.)
You may think you are being "charitable" but you are doing her and yourself a disservice. Losing money is how the market teaches lessons. If you bail her out she learns nothing, and you punish yourself for being right. It may be some kind of ridiculous, err, religious self suffering sacrifice thing, but don't kid yourself, you're not doing anyone any favors here.
(Actually, upon reflection, I think I was right the first time; bailing out your aunt *is* the worst thing. At least if you were to keep the bitcoin and give her nothing she would learn a very valuable lesson about third party risk and you would be richer for teaching that lesson.)Maybe you are right. We haven't promised her anything yet. I just feel bad about the timing of it all. But patience is a virtue. I wish she could have just been a little more patient. My husband felt bad because when it took a dip the first time around she wanted to bail then and he encouraged her not to worry about it and just ride it out. She said that the next time she wanted to sell he wasn't supposed to argue with her so he didn't this time. I feel like she waited this long, what is another week or two? She is going to feel really stupid in a couple months. I don't want her upset with us. There is a reason some people have a hard time with investments though.
770.
Post 11855840 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_14.20h):
Someone wake up Bitstamp and BTC-E. Tell them the party has started
They will figure it out pretty soon.
So glad to see 300 again!!!!
771.
Post 11961645 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_14.21h):
I see us going back to to above $300 within a week. Give or take a few days. We need to hold over it for a few weeks to say bye to the $200s once and for all. Aztecminer saw this coming and sold his account to a FUD troll. Here's to seeing ya, kid.
Last call, last call!
All aboard the moon train!
A week? How about an hour or so.
Have we forgotten how fast we can move? I have not forgotten.
772.
Post 11962132 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_14.21h):
I can absolutely 100% guarantee that at least one government will use Bitcoin as its currency.
How? Are you starting a government that we should all know about?
Crap. That was the most bearish thing I think I have ever posted.
773.
Post 12116982 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_14.23h):
Mye eye spy some serious mooning. The next few hours are CRITICAL.
Exactly. What we need is some "SERIOUS" mooning. None of this halfhearted non serious mooning stuff we have had lately.
774.
Post 12202429 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_14.24h):
Saw an article this morning.
http://www.msn.com/en-us/news/technology/the-blackmail-of-ashley-madison-users-has-already-begun/ar-BBlXLTH?li=AA54ur I guess a extortionist group called "Team GrayFlay" is already threatening to blackmail Ashley Madison users in the hack and they want payment only in Bitcoin. From the article
Unfortunately your data was leaked in the recent hacking of Ashley Madison and I now have your information. If you would like to prevent me from finding and sharing this information with your significant other send exactly 2.00000054 bitcoins (approx. value $450 USD) to the following address…
If Team GrayFlay (or any other blackmailer, for that matter) emailed all 32 million account holders, and just 0.01% of them agreed to pay up the $450 (£288) ransom, it would still earn them $1.4 million dollars (£0.9 million).
So I guess this is bullish news? Not sure how I feel about making a profit on the heels of extortion though.
775.
Post 12202772 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_14.24h):
Saw an article this morning.
http://www.msn.com/en-us/news/technology/the-blackmail-of-ashley-madison-users-has-already-begun/ar-BBlXLTH?li=AA54ur I guess a extortionist group called "Team GrayFlay" is already threatening to blackmail Ashley Madison users in the hack and they want payment only in Bitcoin. From the article
Unfortunately your data was leaked in the recent hacking of Ashley Madison and I now have your information. If you would like to prevent me from finding and sharing this information with your significant other send exactly 2.00000054 bitcoins (approx. value $450 USD) to the following address…
If Team GrayFlay (or any other blackmailer, for that matter) emailed all 32 million account holders, and just 0.01% of them agreed to pay up the $450 (£288) ransom, it would still earn them $1.4 million dollars (£0.9 million).
So I guess this is bullish news? Not sure how I feel about making a profit on the heels of extortion though.
Nobody will pay that if they have half a brain.
Betting that everyone in a pool of 32 million has >1/2 brin is a _____ bet?
Fill in blank.
All in. Bitcoin is going up!
776.
Post 12205097 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_14.24h):
Saw an article this morning.
http://www.msn.com/en-us/news/technology/the-blackmail-of-ashley-madison-users-has-already-begun/ar-BBlXLTH?li=AA54ur I guess a extortionist group called "Team GrayFlay" is already threatening to blackmail Ashley Madison users in the hack and they want payment only in Bitcoin. From the article
Unfortunately your data was leaked in the recent hacking of Ashley Madison and I now have your information. If you would like to prevent me from finding and sharing this information with your significant other send exactly 2.00000054 bitcoins (approx. value $450 USD) to the following address…
If Team GrayFlay (or any other blackmailer, for that matter) emailed all 32 million account holders, and just 0.01% of them agreed to pay up the $450 (£288) ransom, it would still earn them $1.4 million dollars (£0.9 million).
So I guess this is bullish news? Not sure how I feel about making a profit on the heels of extortion though.
Nobody will pay that if they have half a brain.
Betting that everyone in a pool of 32 million has >1/2 brin is a _____ bet?
Fill in blank.
All in. Bitcoin is going up!
Sorry that I have NOT been following you Bitchick, but I thought that several months back you sold a large portion of your bitcoins (at least your husband did).
When did you get back into the "all in" sentiment? In other words, for how long have you been buying back in?
Well, thankfully husband only had us sell 25%. (like it or not, he was right about selling. It is never fun to tell husbands they are right though. LOL) But we actually cannot buy much back because we have a daughter starting college in a couple weeks. It is a private university too and we are planning on paying for it all without any loans. We have most of the year covered but I really hope we have another bubble by the halving next Summer.
777.
Post 12512109 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_14.26h):
What does it mean when a permabull such as myself has gotten the point of apathy at even a small rise? I mean I guess I am happy with a few dollar increase but I am certainly not expecting much at this point.
Perhaps that is the true sign we have reached the bottom though?
778.
Post 12540980 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_14.27h):
Too the blood moon!
Maybe some of those blood moon prophecies were right after all. Something major is happening.
779.
Post 12558196 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_14.27h):
This thread is so dead when compared to how it used to be. I guess that's a reflection of bitcoin's price movement or lack of. There doesn't seem to be enough media news / price volatility to make this thread half as fun as it used to be.
I miss the bears vs bulls cult we used to have here, rockets, moon landing gifs etc
Even NLC is gone now.
Well, look at the poll right now. We are pretty much at a standstill. Boring. Maybe the bears will give up soon now.
780.
Post 12628604 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_14.27h):
The Northern Lights are insane today. This one is from yesterday. Today it's even better.
That looks incredible. Where do you live?
Tromsø, Northern Norway
Beautiful! I would love to see them someday.
781.
Post 12805137 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_14.29h):
I'm looking at Nov. 2013 late rise and still can't shake out how quickly the price rose.
The idea of this repeating simply has me in awe. Especially if you consider the amount of money standing on the sideline at this point are straight out frightening
those were crazy times. litecoin was even more crazy nov/dez 2013.
It was insane. My husband and I make our first BTC purchase like a few weeks before the rise too so we were in total shock at how fast the price rose.
To all of you that are newbies and have not experienced such a bubble, my advice is have a plan in place so you don't get too emotional and sell everything (then cry as the price goes way past your wildest dreams) or get too emotional and buy buy buy as it rises then suddenly crashes when you least expect it without taking advantage of the sudden gains. There is a smart way to play with little risk involved, but it takes some thinking ahead. Here is a great resource:
https://bitcointalk.org/index.php?topic=345065.0
782.
Post 12827721 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_14.29h):
I just noticed that the price hit $374 on Gemini about 25 minutes ago.
783.
Post 12861482 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_14.30h):
Hodlers be like..
It is a good day to be a holder!
784.
Post 12861530 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_14.30h):
It just occured to me that there is a completely real possibility that all exchanges simply run out of coins that people are willing to sell.
What happens when there are 50 exchanges but a buyer simply cannot find any coins for sale?
Will the world end? Or does my world just become super F'ing awesome......
Supply and demand can be a good thing.
785.
Post 12862194 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_14.30h):
Already down ~$10 from 363 high and selling pressure is continuing. Not sure whose gonna run out of ammo first at this point, the bulls or the bears
Nerve wracking stuff, this one hourly candle is quite the fight
Are you a newbie or what?
Oh, you are...
Actually bought my first coins in May of 2013, just never cared to register/post here.
You are smarter than most then.
786.
Post 12889765 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_14.32h):
Over $100 drop in just a few hrs., nice!
I know many of you are expert at extrapolating from similar data, while I'm young, innocent, and in need of guidance. Please, kind Sirs, critique my prognostication:
At this rate, BTC will be worth ...-$100 (negative one hundred dollars) by tomorrow nigh.
Did I get my maths right?
No. It is just manipulation to try and get some panic going so more coins can be picked up before the price takes off even more. Perhaps because of the Fed's auction tomorrow some bigger players are even trying to keep the price lower before that is over?
I think we will see 600 before the end of the week and we will hit 1000 by the end of next.
But you can wait for $100 coins if you like.
787.
Post 12896157 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_14.32h):
up?
Of course.
I was thinking that maybe some of the people that are bidding on the auction this morning will wait until it is over to buy more and that might start our next little rally (or big rally hopefully) after 18:00 UTC which is in an hour and a half.
788.
Post 12900023 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_14.32h):
320 soon
More like 520. It looks like the new bottom has been tested three times now. We should go up from here.
789.
Post 12900638 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_14.32h):
The sell off was today but they will announce the winners of the auction tomorrow. It could have affected the price perhaps.
790.
Post 12992555 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_14.34h):
Ummmm. So what is up with the purchase of thousands of coins at once?
791.
Post 12992568 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_14.34h):
Ummmm. So what is up with the purchase of thousands of coins at once?
Just like the other day, someone wants coins and is not fucking around.
This is just the beginning.
I only wish I had that kind of capital to play around with. Can you imagine?
792.
Post 12992580 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_14.34h):
He/They are letting us know just how quickly they can initiate the TSUNAMI.
They can keep it going if they like. I really don't mind.
793.
Post 13390374 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_14.39h):
why is everybody ignoring the $10 pump? almost no resistance.
The eerie silence means that this is the true start of another bubble.
794.
Post 14208500 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_14.48h):
So whats up with the huge walls on Stamp again the past couple of days? I see a wall of 1000 coins right now.
Strangely I take that as a bullish sign. Someone is trying to keep the price down perhaps?
795.
Post 14810884 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_14.50h):
796.
Post 15157617 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_14.52h):
Do you read the bible, Brett? Well there's this passage I got memorized, sort of fits the occasion.
Yah! You've got to ask yourself one question. Do I feel lucky? Well, do ya, punk?
Fatty, we live in a world that has walls, and those walls have to be guarded by men with guns.
You don't want the truth because deep down in places you don't talk about at parties, you want me on that wall -- you need me on that wall.
Shut up! I won't have a yellow bastard sitting here *crying* in front of these brave men who have been wounded in battle!
You may get shot, and you may get killed, but you're going up to the fighting. Either that, or I'm going to stand you up in front of a firing squad. I ought to shoot you myself, you god-damned... bastard!
I'd show you but I'm too old; I'm too tired; I'm too fucking blind. If I were the man I was five years ago I'd take a flame-thrower to this place!
Fuck, fuck, fuck,
Mother motherfuck
Mother motherfuck fuck
Motherfuck motherfuck
Noise, noise, noise
1, 2, 1, 2, 3, 4
Noise, noise noise
Shmokin'Weed shmoking wizz
Doin' coke, drinkin' beers
Drinkin' beers, beers, beers
Rollin' fatties, smokin' blunts
Who smokes the blunts?
We smoke the blunts!
Seek the light brothers! Time to leave the dark side.
797.
Post 15159198 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_14.52h):
Bitchick is back........
I recall that a couple of years ago, you said that your husband had sold a bunch of coins, maybe it was in the $400s, or maybe in the upper $300s?
Did you buy any coins back between $200 and $500?
We sold some. We purchased some. We hodled some.
A wise man/woman avoids all extremes.
798.
Post 17281301 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_15.00h):
Hi all. BitChick is here checking in. Have we all learned a little patience since 2013? Good things come to those that wait, so it is said.
Merry Christmas everyone!
799.
Post 18076742 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_15.04h):
is there any way we can user activate women out of cryptocurrency? that would be nice lol
I have found if you just talk computers or bitcoin in general to women they run away. So I don't think we have to worry about that
in our geek/lame world here on bitcointalk. (or in real life for that manner)
hmmm..that may have been a bit too harsh for this group....
on the other hand I have heard that if BTC gets to be around 10k a BTC and you have 100 BTC you suddenly without rime nor reason
become very attractive...its a mystery?
go figure?
Some women are more devoted to BTC than the men around here.
800.
Post 18076958 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_15.04h):
is there any way we can user activate women out of cryptocurrency? that would be nice lol
I have found if you just talk computers or bitcoin in general to women they run away. So I don't think we have to worry about that
in our geek/lame world here on bitcointalk. (or in real life for that manner)
hmmm..that may have been a bit too harsh for this group....
on the other hand I have heard that if BTC gets to be around 10k a BTC and you have 100 BTC you suddenly without rime nor reason
become very attractive...its a mystery?
go figure?
Some women are more devoted to BTC than the men around here.
They would have to be to stick around in the face of the infantile ignorance shown towards their gender.
Notice I don't spend too much time on here! LOL
801.
Post 18080262 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_15.04h):
^^^^^
Hey Bitchick is here!
How are you and your hubby doing? Still holding for the long term? What's your take on how Bitcoin is doing?
I am still hodling. Husband is less of a hodler than me and has been selling systematically. Our strategy is to follow the "SSS" plan.
https://bitcointalk.org/index.php?topic=345065.msg3697405#msg3697405Compared to 2013 I feel much less emotional and more level headed though. I understand how getting too emotional during rises is dangerous and it is better to just have a logical plan in place and stick with it.
I think we are on a brink of a bubble. Of course depending on what happens with the ETF this coming week will determine how quickly we see the bubble take off. I fully expect to see prices in the $5000 range but I have always been the optimist in regards to BTC, hence why I was willing to hold since 2013.
802.
Post 18080993 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_15.04h):
Notice I don't spend too much time on here! LOL
Nice to have you around occasionally, we're not all bigots around here, you know
I ended up going on a mission trip to India two years ago and all my priorities really shifted after that. Bitcoin has taken a "back seat" to my newly invigorated love for Jesus.
I guess I was always "spiritual" but some might say I have gone way extreme. But there are worse things to be passionate about!
But that is the real reason I am not on here much anymore.
803.
Post 18801041 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_15.08h):
I feel that we are about to go up quickly.....
I hope so. Hubby and I have been supporting a new camp in California for the kids of incarcerated parents (Camp Agape) and would love it if the price increased soon because they need some funds for the camp on Memorial Day weekend. We already gave a couple grand, but we have price points for selling and it would be so great to help fund this in a substantial way. They have some big donors already (YMCA for one) but they need a bit more.
Of course, I am excited to see the price increase for more personal reasons too. We have one daughter in college and another in high school and soon to be in college too! Seriously, with the price of higher education today we all need investments that can double, triple or quadruple to pay for it! LOL
804.
Post 21869031 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_15.21h):
Although I'm in the profit zone with my current trade (bought some at ~2550€) these price movements are just ridiculous. Nothing healthy...
Nothing healthy? I was thinking that it was finally starting to feel "normal." I hadn't seen the bounces we had in 2013! Unlike then though, hubby and I had a plan and we are sticking to it and it actually working! So weird.
Now if only we could get our $1700 from Kraken that is lost in limbo. They said that they sent it to our bank but we haven't received it and they are not communicating well about it.
And, my husband set up a stop loss order for some ETH (tried purchasing some for the first time to diversify). On Coinbase we sold at $360 and then the dollar amount was $0. It appears to be a glitch of some sort but it has been over 2 weeks and Coinbase hasn't responded at all. Over $6000 is missing. So we pulled quite a bit of cash off of there as it is so frustrating that we can't trust any exchange still. I thought we were beyond that now. But, alas, things are still not too different I suppose.
But we did sell a bit at $4800 and bought some back at $3200. That felt good.
805.
Post 21964511 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_15.21h):
I don't know Why but i Just want to make same ATH guess like last time
Rules ....: the one with the right date of ATH gets .25 btc paid directly (UTC time) (closest to ATH.....)
I look to Every page in here from now When a date is picked first iT cannot been taken again ( 1st =1st)
Another .25 btc is rewarded for ho makes best of technical analyse of the time When we strike ATH.... and Why iT happens at that time.....
So This .25 also only to been payed 1 time .... and not 2 times te same explanation.... (1st =1st)
Both answers to win must been inside before 20-09-2017
Goodluck to the ones that like This
UPDATE listmaking notice a * is when the person put good enough explanation for other .25 BTC (person with no * only play ATH or have to put little better )
19/9 rayx12
25/9 binaryreign*
28/9 khufuking
29/9 jhayzxenon*
30/9 yermom
03/10 ^BuTcH^
04/10 minermannc
05/10 punisher1314*
07/10 player514*
09/10 Oinas*
10/10 bikerlezno* LAST WINNER
11/10 ted e. bare
12/10 harrymmmm*
13/10 cryptoqueeen*
14/10 bitcoinaire*
15/10 ludwigvon*
16/11 Heater*
17/10 shroomskit_disgrace
18/10 dakustaking76
19/10 birobob*
20/10 leowonderful
21/10 paashaas
22/10 cmacwiz*
23/10 spaceman_spiff_original*
24/10 colonel panic
25/10 soullyG
26/10 weltmaster*
28/10 entons*
29/10 roombot*
30/10 notme*
31/10 twocorn
01/11 YamashitaRen
02/11 orpington
03/11 Haciendo*
04/11 lilloboy
05/11 jojo69*
06/11 d_eddie*
07/11 empowering*
08/11 northyplole*
09/11 podyx*
10/11 u9y42*
11/11 starving_marvin
12/11 sirazimuth*
13/11 dotto*
14/11 hazukison*
15/11 organic*
17/11 foxygoxy*
18/11 600watt
19/11 arriemoller
20/11 drbrockcoin*
22/11 rakessh
21/11 icygreen*
23/11 erisdiscordia
24/11 oblox*
25/11 mfort312*
26/11 globbo*
27/11 lfc_bitcoin
28/11 conspirosphere.tk*
29/11 rjclarck2000
30/11 last of the v8s *
01/12 newworldcoiner*
02/12 souspeed*
03/12 jaapgvk
04/12 sgk*
05/12 fluidjax
08/12 imbatman
09/12 yonton
10/12 fragout*
11/12 itod
12/12 lontonbit*
13/12 CistaCista
14/12 cAPSLOCK
15/12 philivey
16/12 marcus_of_augustus*
17/12 mattimann
18/12 coincube*
24/12 bones261*
26/12 karatma1*
28/12 deathangel*
30/12 erre
31/12 elwar
01/01/2018 lewis pirenne*
02/01/2018 addressed*
18/01/2018 raja_mbz*
21/12 2dogs
22/01/2018 _javi_
26/01/2018 kurious*
28/01/2018 steelboy*
29/01/2018 alcohodl
01/02/2018 cristitcm
18/02/2018 in the silence
20/04/2018 fractal universe*
15/05/2018 oldtimegin*
15/06/2018 samson
16/08/2018 samarkand
hope to still got everybody LIST IS GROWING NICELY ( hope to be sending BTC soooooon
)
I would like to pick 27/9
We just had two weekly red candles (historically significant), confidence has returned to the market after the China news, we're less than 10% away from resistance at 4400 (USD) I give 5 business days to recharge fiat in trading accounts and then new ATH.
I will take 2/10. No real reason except I think we are just leaving a bear trap now and should resume mass buying and a general FOMO especially by new investors. Should be a fun few weeks coming up.
806.
Post 24916587 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_15.28h):
bitcoin dead?
Leading Economists agree that Bitcoin is a bubble!
they were saying that when it was $10
But they will "wisely" advise everyone to buy when the price is $100K+.
807.
Post 26576848 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_15.33h):
How do you wipe out your paper money? Did he not keep enough to maintain his lifestyle stashed away in secure assets and went on a reckless spending spree?
There are tons of ways to lose BTC over time, scams like Trendon Shavers, Friedcat, Butterfly Labs; getting Zhou Tonged, Goxxed or Bitfinexed; more often than not, lost it in some ALT pump-and-dump or daytrading. But quite often, simply because people can't afford to hodl and had to sell to paid expenses/debt or emergencies. So it is actually quite difficult not to make wrong calls along the way that sees one's own BTC holding reduced substantially. Fortunately, due to exponential rise in fiat terms, people normally end up with more, in fiat terms, than years ago. But that still leaves a bitter taste for some as they know that they would have substantially more BTC had this and that not happened along the way.
Yep, there are a variety of scenarios that could cause bitterness, and let's say if you were in BTC for 3-4 years and you end up buying around 100 BTC and it cost you around $600 per BTC (average) (which would have been about a $60k investment), but then you make some pretty severe mistakes including some of the ones that you mentioned and even hackings or something, and you end up losing 80% of your built up stash.
At today's BTC prices you still have 20BTC x $19,000 = $380,000, and you are 6x in the profits, but you might still feel a bit bitter about the whole ordeal.
Overall, any of us can assess our current situation and continue to make plans that involve continuing to dollar cost average buy into bitcoin, unless we happen to be at the liquidation stage of our life - which, depending on health, might be someone in his/her 60s or 70s?.. and then in those circumstances, we might project how long we think that we have to live, and then schedule a draw down schedule based on such a projected timeline.. and sure the bigger of the two tragedies would be to draw to much and run out of money early rather than to have a considerable amount remaining upon death.
I think all of us who have been involved with BTC for a long period of time have some sort of regrets. We could certainly lose some sleep over the "Would have, should have, and could have" thoughts that race through our minds. Hey, even after hodling for several years and avoiding having our coins lost on Gox (got them off just a few weeks earlier) my husband and I still had some coins swiped a few weeks ago just trying to move them onto Coinbase to sell using Bitcoin QT. We double and triple checked the address we were sending them to as well (never had a single problem) but the address was totally changed behind the scenes somehow. We decided to do everything we could to protect what coins we have remaining. We purchased an entirely new computer and didn't even connect it to our network and used our backup disk to load the coins onto it and bought a Trezor. I guess there is a feature on the Trezor where we can check the address being sent to on the Trezor itself for security. That is necessary we now can see. We had several people ask why we didn't send a very small amount of coin first. Well, since we never had any problems and this computer that my husband uses is checked repeatedly for viruses and I don't even allow myself on it (I don't trust myself to go to sites that might access a virus of some sort) we just trusted it was fine as it always had been. But the hacks are becoming more sophisticated.
808.
Post 34572543 (copy this link) (by BitChick) (scraped on 2020-04-04_Sat_15.52h):
and they keep us enthralled
If it was a Bitcoin chart instead of Pokemon this would be more accurate for me!
