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Topic: are you all watching? - page 3. (Read 9224 times)

legendary
Activity: 817
Merit: 1000
June 08, 2012, 02:01:33 PM
#85
this is it boys this is the start of the epic rise in value!

we are moving up to 8$ b4 the end of next week, mark my words

marked.

5.62 isn't quite $8...

5.62 was good enough for me to start selling. I decided to let 20 BTC go and collect the USD.
I will keep selling as the price goes up. Naturally I am a miner but I have held off selling for a
while in anticipation of this type of rise.

how many coins you got?

*dr evil* One hundred billion!!!
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
June 08, 2012, 01:53:47 PM
#84
this is it boys this is the start of the epic rise in value!

we are moving up to 8$ b4 the end of next week, mark my words

marked.

5.62 isn't quite $8...

5.62 was good enough for me to start selling. I decided to let 20 BTC go and collect the USD.
I will keep selling as the price goes up. Naturally I am a miner but I have held off selling for a
while in anticipation of this type of rise.

how many coins you got?
legendary
Activity: 2072
Merit: 1001
June 08, 2012, 01:20:33 PM
#83
this is it boys this is the start of the epic rise in value!

we are moving up to 8$ b4 the end of next week, mark my words

marked.

5.62 isn't quite $8...

5.62 was good enough for me to start selling. I decided to let 20 BTC go and collect the USD.
I will keep selling as the price goes up. Naturally I am a miner but I have held off selling for a
while in anticipation of this type of rise.
legendary
Activity: 1316
Merit: 1005
June 08, 2012, 01:18:28 PM
#82
It's only Friday. Doesn't the big news always happen on Fridays and weekends (versus the bombast on Mondays to Wednesdays) ? Wink

Spain to Request EU Bank Aid Soon: ECB Official (over the weekend)
legendary
Activity: 966
Merit: 1003
June 08, 2012, 12:04:57 PM
#81
The reward drop is definitely not fully priced in yet. In part it is, of course, but not fully. It will become priced in once the reward drop starts to be the #1 talking point in the community. So perhaps a couple of months before the drop. Late Summer at the earliest, probably early Autumn.
More than anything, the reward drop is going to affect miners. Who cares if you have a bunch of BTC you're holding and suddenly they're not created as quickly? But if you're out digging for gold and finding 1BTC per day for a year and suddenly you start to find 0.5BTC per day, your potential to earn money after paying for electricity just got killed. I suspect we will see network hash rate take a major dive following the drop -- I know I'll be shutting down unless price goes up or the number of people mining drops substantially (e.g. difficulty goes down).

won't this open the network to be easily taken over by a 51% attack:S

Probably not.
legendary
Activity: 817
Merit: 1000
June 08, 2012, 11:50:37 AM
#80
The reward drop is definitely not fully priced in yet. In part it is, of course, but not fully. It will become priced in once the reward drop starts to be the #1 talking point in the community. So perhaps a couple of months before the drop. Late Summer at the earliest, probably early Autumn.
More than anything, the reward drop is going to affect miners. Who cares if you have a bunch of BTC you're holding and suddenly they're not created as quickly? But if you're out digging for gold and finding 1BTC per day for a year and suddenly you start to find 0.5BTC per day, your potential to earn money after paying for electricity just got killed. I suspect we will see network hash rate take a major dive following the drop -- I know I'll be shutting down unless price goes up or the number of people mining drops substantially (e.g. difficulty goes down).

won't this open the network to be easily taken over by a 51% attack:S
legendary
Activity: 966
Merit: 1003
June 08, 2012, 09:29:51 AM
#79
this is it boys this is the start of the epic rise in value!

we are moving up to 8$ b4 the end of next week, mark my words

marked.

5.62 isn't quite $8...
hero member
Activity: 482
Merit: 500
June 04, 2012, 11:00:34 AM
#78
The reward drop is definitely not fully priced in yet. In part it is, of course, but not fully. It will become priced in once the reward drop starts to be the #1 talking point in the community. So perhaps a couple of months before the drop. Late Summer at the earliest, probably early Autumn.
More than anything, the reward drop is going to affect miners. Who cares if you have a bunch of BTC you're holding and suddenly they're not created as quickly? But if you're out digging for gold and finding 1BTC per day for a year and suddenly you start to find 0.5BTC per day, your potential to earn money after paying for electricity just got killed. I suspect we will see network hash rate take a major dive following the drop -- I know I'll be shutting down unless price goes up or the number of people mining drops substantially (e.g. difficulty goes down).
legendary
Activity: 2184
Merit: 1056
Affordable Physical Bitcoins - Denarium.com
June 04, 2012, 04:14:14 AM
#77
The reward drop is definitely not fully priced in yet. In part it is, of course, but not fully. It will become priced in once the reward drop starts to be the #1 talking point in the community. So perhaps a couple of months before the drop. Late Summer at the earliest, probably early Autumn.
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
June 03, 2012, 11:31:22 PM
#76
if only.

i personally do not find it seductive to sell into 5.20 wall.
Will not support it either.

Yes looks like it's stuck at $5.20-5.27

Not going anywhere.  Might as well wait for the real price increase in December, since there is no reason for the price to really go up unless demand overtakes the daily inflation of bitcoin.

Forget about the effect of the December change from 50 BTC to 25 BTC as price predictor. This is already priced in as it is public knowledge.

It's also public knowledge that the price will reduce to 12.5 BTC, to 6.25 BTC, etc.  Would you say this is also priced in?

I would say that is priced in as much as the 50->25.  You either know the story or you don't.  The 50->25 may catch some by surprise since you don't have to understand these details to actually use bitcoin, but after a few halvings people will know what's up and it will be completely priced in by the time it happens.

i think each mining reward drop will be fully priced in 6 - 12 months After its actually happens... its effect will be felt gradually

legendary
Activity: 1904
Merit: 1002
June 03, 2012, 04:01:59 PM
#75
if only.

i personally do not find it seductive to sell into 5.20 wall.
Will not support it either.

Yes looks like it's stuck at $5.20-5.27

Not going anywhere.  Might as well wait for the real price increase in December, since there is no reason for the price to really go up unless demand overtakes the daily inflation of bitcoin.

Forget about the effect of the December change from 50 BTC to 25 BTC as price predictor. This is already priced in as it is public knowledge.

It's also public knowledge that the price will reduce to 12.5 BTC, to 6.25 BTC, etc.  Would you say this is also priced in?

I would say that is priced in as much as the 50->25.  You either know the story or you don't.  The 50->25 may catch some by surprise since you don't have to understand these details to actually use bitcoin, but after a few halvings people will know what's up and it will be completely priced in by the time it happens.
legendary
Activity: 1834
Merit: 1020
June 03, 2012, 03:55:57 PM
#74
if only.

i personally do not find it seductive to sell into 5.20 wall.
Will not support it either.

Yes looks like it's stuck at $5.20-5.27

Not going anywhere.  Might as well wait for the real price increase in December, since there is no reason for the price to really go up unless demand overtakes the daily inflation of bitcoin.

Forget about the effect of the December change from 50 BTC to 25 BTC as price predictor. This is already priced in as it is public knowledge.

It's also public knowledge that the price will reduce to 12.5 BTC, to 6.25 BTC, etc.  Would you say this is also priced in?
legendary
Activity: 1904
Merit: 1002
June 03, 2012, 03:52:56 PM
#73
In 5 hours it will be 8 am on Monday in Tokyo.
Let the party begin Smiley

~2 hours to go
legendary
Activity: 1193
Merit: 1003
9.9.2012: I predict that single digits... <- FAIL
June 03, 2012, 01:54:42 PM
#72
In 5 hours it will be 8 am on Monday in Tokyo.
Let the party begin Smiley
legendary
Activity: 1764
Merit: 1007
June 03, 2012, 01:39:47 PM
#71
Forget about the effect of the December change from 50 BTC to 25 BTC as price predictor. This is already priced in as it is public knowledge.

This goes only for hoarders and speculators, and not for real demand as a currency, which some say is also the cause for the recent stability and slight increase.

legendary
Activity: 1904
Merit: 1002
June 03, 2012, 01:20:13 PM
#70
Yes looks like it's stuck at $5.20-5.27
It's sunday. Tomorrow, people will transfer money into the exchanges again.

In 5 hours it will be 8 am on Monday in Tokyo.
legendary
Activity: 2100
Merit: 1000
June 03, 2012, 12:45:31 PM
#69
if only.

i personally do not find it seductive to sell into 5.20 wall.
Will not support it either.

Yes looks like it's stuck at $5.20-5.27

Not going anywhere.  Might as well wait for the real price increase in December, since there is no reason for the price to really go up unless demand overtakes the daily inflation of bitcoin.

Forget about the effect of the December change from 50 BTC to 25 BTC as price predictor. This is already priced in as it is public knowledge.
legendary
Activity: 1193
Merit: 1003
9.9.2012: I predict that single digits... <- FAIL
June 03, 2012, 12:38:04 PM
#68
Yes looks like it's stuck at $5.20-5.27
It's sunday. Tomorrow, people will transfer money into the exchanges again.
sr. member
Activity: 373
Merit: 250
June 03, 2012, 11:00:04 AM
#67
if only.

i personally do not find it seductive to sell into 5.20 wall.
Will not support it either.

Yes looks like it's stuck at $5.20-5.27

Not going anywhere.  Might as well wait for the real price increase in December, since there is no reason for the price to really go up unless demand overtakes the daily inflation of bitcoin.
sr. member
Activity: 476
Merit: 250
The first is by definition not flawed.
June 03, 2012, 08:44:09 AM
#66
if only.

i personally do not find it seductive to sell into 5.20 wall.
Will not support it either.
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