Author

Topic: A little birdie told me > $5K Bitcoins by March 1st. (Read 3955 times)

full member
Activity: 134
Merit: 100
This would need $282 rise every day between now and march first.

Sounds doable, Get buying everyone.
legendary
Activity: 1064
Merit: 1001
I don't mine BTC, I mine satoshi's. Wink

$5k by march 1st of next year century perhaps. lol

Fixed!
newbie
Activity: 9
Merit: 0
I don't mine BTC, I mine satoshi's. Wink

$5k by march 1st of next year perhaps. lol
legendary
Activity: 2268
Merit: 1278
Serious money doesn't care about a 1k price tag. A change might even turn them off. Is the system so fragile that they have to play mind games? And if ordinary people with mental hangups are fine with staying poor because of it, more power to them.
sr. member
Activity: 280
Merit: 250
Not saying to eradicate the "1 BTC" denomination. Rather, simply make a concerted community effort to adopt a smaller unit of measurement. Both can coexist.

Akin to your example: people embrace and know the difference between an ounce of gold and a gram of gold. Not everybody embraces, nor understands the concept of a Satoshi.
Oh trust me, they do, and that's why 1 mBTC is valued at what it is and why 1 BTC is valued at what it is... changing how the majority of the community "refers" to something or in what denomination they speak of most frequently won't make the asset more valuable.
sr. member
Activity: 423
Merit: 250
Ya we totally need to do away with ounces and make everyone buy grams of gold, too, so we can get filthy rich off semantic psychology. Who needs all these different units of weight measurement anyway?

Not saying to eradicate the "1 BTC" denomination. Rather, simply make a concerted community effort to adopt a smaller unit of measurement. Both can coexist.

Akin to your example: people embrace and know the difference between an ounce of gold and a gram of gold. Not everybody embraces, nor understands the concept of a Satoshi.
sr. member
Activity: 280
Merit: 250
Ya we totally need to do away with ounces and make everyone buy grams of gold, too, so we can get filthy rich off semantic psychology. Who needs all these different units of weight measurement anyway?
sr. member
Activity: 423
Merit: 250
In logarithms, $1000-$3200 takes half the time of a move from $1000 to $10000.  $1000-$2000 takes 30% of the time.  So expect to be in the $1000s for a while and then to more quickly move once we get past $5000.

My totally unprofessional market psychology bullshit assessment is that we're going to fight around $1000 for a while because there were a lot of people getting in around and above that nice round USD number and a lot of those people got their first real lesson in markets/panic/capitulation recently and a lot of them probably want to get the fuck out because bitcoin is still too risky for them.

And because the powers that be stubbornly refuse to switch to the more psychology-friendly mBTC.

Yep, that's totally it.  Switch to mBTC and we'll hit $5 tomorrow. If only the man weren't keeping us down.  Roll Eyes

If we could just switch to Satoshis we'd be at like $1trillion/satoshi by next week, at least.  Amiright?

+1 Theres some talk about this potentially happening soon.....

Truly believe this is the right way to move forward. Old habits die hard; think about the newcomers - Call them Satoshis or whatever, but the mental barrier of sheeple investing all they can afford from their menial paychecks, for months and still not even accumulating 1 full BTC would be pretty discouraging....
legendary
Activity: 2198
Merit: 1311
I'm really starting to have some doubts here. Someone reassure me please?

...It's not March 1st yet?...

sr. member
Activity: 350
Merit: 253
I'm really starting to have some doubts here. Someone reassure me please?
legendary
Activity: 2576
Merit: 1087
Are we seeing a continuation or the correction here guys? Are we going down? up? wtf?? I'm confused!

Its a correctuation. Sell low, buy high.
legendary
Activity: 1008
Merit: 1000
Making money since I was in the womb! @emc2whale
Are we seeing a continuation or the correction here guys? Are we going down? up? wtf?? I'm confused!
"WTF?? I'm confused" should be the tagline for this subforum.

hahaha, "is this the part where I make money?"

or lose it!  Grin
hero member
Activity: 1302
Merit: 502
Are we seeing a continuation or the correction here guys? Are we going down? up? wtf?? I'm confused!
"WTF?? I'm confused" should be the tagline for this subforum.

hahaha, "is this the part where I make money?"
newbie
Activity: 52
Merit: 0
Are we seeing a continuation or the correction here guys? Are we going down? up? wtf?? I'm confused!
"WTF?? I'm confused" should be the tagline for this subforum.
legendary
Activity: 1008
Merit: 1000
Making money since I was in the womb! @emc2whale
Are we seeing a continuation or the correction here guys? Are we going down? up? wtf?? I'm confused!
hero member
Activity: 1039
Merit: 507
                                         march,
my uncle told me shtf in april
what do op

Only if it's lined with tinfoil.
legendary
Activity: 1456
Merit: 1010
Ad maiora!
hero member
Activity: 644
Merit: 500
One Token to Move Anything Anywhere
In logarithms, $1000-$3200 takes half the time of a move from $1000 to $10000.  $1000-$2000 takes 30% of the time.  So expect to be in the $1000s for a while and then to more quickly move once we get past $5000.

My totally unprofessional market psychology bullshit assessment is that we're going to fight around $1000 for a while because there were a lot of people getting in around and above that nice round USD number and a lot of those people got their first real lesson in markets/panic/capitulation recently and a lot of them probably want to get the fuck out because bitcoin is still too risky for them.

LOL'd hard... Cheesy this is so true

Hey can you guys slow down your trolling - I can't keep up !  Cheesy
sr. member
Activity: 448
Merit: 250
this statement is false
In logarithms, $1000-$3200 takes half the time of a move from $1000 to $10000.  $1000-$2000 takes 30% of the time.  So expect to be in the $1000s for a while and then to more quickly move once we get past $5000.

My totally unprofessional market psychology bullshit assessment is that we're going to fight around $1000 for a while because there were a lot of people getting in around and above that nice round USD number and a lot of those people got their first real lesson in markets/panic/capitulation recently and a lot of them probably want to get the fuck out because bitcoin is still too risky for them.

LOL'd hard... Cheesy this is so true
legendary
Activity: 1008
Merit: 1000
Making money since I was in the womb! @emc2whale
TO THE MOON
legendary
Activity: 1162
Merit: 1010

addendum:

Everyone else is still in the 'i missed the boat so there is no point' camp. I think this means we are a long, long way from the *actual*  new-paradigm-bubble event, and the strongest contrarian indicator that now is still the time to be buying and hodling.

I've had the same experiences with my friends, family and colleagues.  Of the dozens and dozens of people I've had conversations with (since the spring), three have purchased coins now (but not until half-way through the October/November run), one is waiting to buy on a dip, and the rest either think bitcoin is stupid/scam/ponzi/etc or they think they've missed the boat.  It's funny because a lot of people thought they had missed the boat this summer at $120.  

The real new-paradigm-bubble event will correspond with MSM articles that explain--using the gold market cap, or M3 money supplies of the USD/euro/JPY/etc--that if bitcoin grows to become a major international currency, then its value must be $100,000+.  A lot of people can't fathom how it could increase 5000%+ this year and still have plenty or room to grow.  But eventually, everyone will "get it" and they'll be wondering why I'm selling a few coins at $40,000 when "dude, this thing has a good shot at hitting a million bucks!"  


legendary
Activity: 2576
Merit: 1087

addendum:

Everyone else is still in the 'i missed the boat so there is no point' camp. I think this means we are a long, long way from the *actual*  new-paradigm-bubble event, and the strongest contrarian indicator that now is still the time to be buying and hodling.
legendary
Activity: 2576
Merit: 1087
In logarithms, $1000-$3200 takes half the time of a move from $1000 to $10000.  $1000-$2000 takes 30% of the time.  So expect to be in the $1000s for a while and then to more quickly move once we get past $5000.

My totally unprofessional market psychology bullshit assessment is that we're going to fight around $1000 for a while because there were a lot of people getting in around and above that nice round USD number and a lot of those people got their first real lesson in markets/panic/capitulation recently and a lot of them probably want to get the fuck out because bitcoin is still too risky for them.

The only other person I know IRL that bought BTC, is behaving exactly like this.

Thats 100% of my sample.

Therefore I call true.
sr. member
Activity: 280
Merit: 250
In logarithms, $1000-$3200 takes half the time of a move from $1000 to $10000.  $1000-$2000 takes 30% of the time.  So expect to be in the $1000s for a while and then to more quickly move once we get past $5000.

My totally unprofessional market psychology bullshit assessment is that we're going to fight around $1000 for a while because there were a lot of people getting in around and above that nice round USD number and a lot of those people got their first real lesson in markets/panic/capitulation recently and a lot of them probably want to get the fuck out because bitcoin is still too risky for them.

Yup, notice how the price tends to stabilize around powers of 10 in USD.
legendary
Activity: 2198
Merit: 1311
In logarithms, $1000-$3200 takes half the time of a move from $1000 to $10000.  $1000-$2000 takes 30% of the time.  So expect to be in the $1000s for a while and then to more quickly move once we get past $5000.

My totally unprofessional market psychology bullshit assessment is that we're going to fight around $1000 for a while because there were a lot of people getting in around and above that nice round USD number and a lot of those people got their first real lesson in markets/panic/capitulation recently and a lot of them probably want to get the fuck out because bitcoin is still too risky for them.

And because the powers that be stubbornly refuse to switch to the more psychology-friendly mBTC.

Yep, that's totally it.  Switch to mBTC and we'll hit $5 tomorrow. If only the man weren't keeping us down.  Roll Eyes

If we could just switch to Satoshis we'd be at like $1trillion/satoshi by next week, at least.  Amiright?
legendary
Activity: 4242
Merit: 5039
You're never too old to think young.
A little bird told me that people who take advice from little birds belong in an asylum.

Hummmm, do I get to wear a helmet if I was in the asylum?

Only if it's lined with tinfoil.
legendary
Activity: 1904
Merit: 1002
In logarithms, $1000-$3200 takes half the time of a move from $1000 to $10000.  $1000-$2000 takes 30% of the time.  So expect to be in the $1000s for a while and then to more quickly move once we get past $5000.

My totally unprofessional market psychology bullshit assessment is that we're going to fight around $1000 for a while because there were a lot of people getting in around and above that nice round USD number and a lot of those people got their first real lesson in markets/panic/capitulation recently and a lot of them probably want to get the fuck out because bitcoin is still too risky for them.

And because the powers that be stubbornly refuse to switch to the more psychology-friendly mBTC.

Yep, that's totally it.  Switch to mBTC and we'll hit $5 tomorrow. If only the man weren't keeping us down.  Roll Eyes
sr. member
Activity: 378
Merit: 255
In logarithms, $1000-$3200 takes half the time of a move from $1000 to $10000.  $1000-$2000 takes 30% of the time.  So expect to be in the $1000s for a while and then to more quickly move once we get past $5000.

My totally unprofessional market psychology bullshit assessment is that we're going to fight around $1000 for a while because there were a lot of people getting in around and above that nice round USD number and a lot of those people got their first real lesson in markets/panic/capitulation recently and a lot of them probably want to get the fuck out because bitcoin is still too risky for them.

And because the powers that be stubbornly refuse to switch to the more psychology-friendly mBTC.
legendary
Activity: 2198
Merit: 1311
In logarithms, $1000-$3200 takes half the time of a move from $1000 to $10000.  $1000-$2000 takes 30% of the time.  So expect to be in the $1000s for a while and then to more quickly move once we get past $5000.

My totally unprofessional market psychology bullshit assessment is that we're going to fight around $1000 for a while because there were a lot of people getting in around and above that nice round USD number and a lot of those people got their first real lesson in markets/panic/capitulation recently and a lot of them probably want to get the fuck out because bitcoin is still too risky for them.
legendary
Activity: 1008
Merit: 1000
Making money since I was in the womb! @emc2whale
In logarithms, $1000-$3200 takes half the time of a move from $1000 to $10000.  $1000-$2000 takes 30% of the time.  So expect to be in the $1000s for a while and then to more quickly move once we get past $5000.

I'll be watching for sure!
sr. member
Activity: 378
Merit: 255
In logarithms, $1000-$3200 takes half the time of a move from $1000 to $10000.  $1000-$2000 takes 30% of the time.  So expect to be in the $1000s for a while and then to more quickly move once we get past $5000.
newbie
Activity: 33
Merit: 0
I doubt $5k is likely that early, however it is entirely possible that we could reach $2k or even $3k if the market keeps going as it is without negative news.
hero member
Activity: 644
Merit: 500
One Token to Move Anything Anywhere
Give that little birdie some seeds!  Cheesy
legendary
Activity: 1008
Merit: 1000
Making money since I was in the womb! @emc2whale
A little bird told me that people who take advice from little birds belong in an asylum.

Hummmm, do I get to wear a helmet if I was in the asylum?
sr. member
Activity: 351
Merit: 250
I'm always grumpy in the morning.
A little bird told me that people who take advice from little birds belong in an asylum.
legendary
Activity: 1008
Merit: 1000
Making money since I was in the womb! @emc2whale
Safe bet, since we are < $5K right now!

LOL, I meant >. Now I gotta go edit that!

HODL!
hero member
Activity: 1302
Merit: 502
legendary
Activity: 896
Merit: 1001
Safe bet, since we are < $5K right now!
legendary
Activity: 1008
Merit: 1000
Making money since I was in the womb! @emc2whale
Anyone disagree?
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