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Topic: BTC not going down... first time ever? - page 2. (Read 3894 times)

sr. member
Activity: 406
Merit: 250
April 06, 2014, 11:50:42 AM
#34
Then, What is this, form dec 2013 year to april 2014 year Huh


image upload
hero member
Activity: 854
Merit: 500
einc.io
April 06, 2014, 11:39:35 AM
#33
There is no investor in Bitcoin,
More people are aware of bitcoin each day, but no speculators like in China anymore after this crash.
This crash is in fact good if you look at it now, BTC will grow slower but more stable.
Money are now spend by VC into infrastructures and services.

The market is oversaturated with Bitcoin
every day is generated about 4000 new bitcoin which have nobody to pay

Since the start of bitcoin, about 7200 new coins are mined every day is.
In november 2012 this was halved by the protocol.
Not all coins mined are direct sold at the exchange, I still have 90% coins that are mined in 2011 in my wallet.
It's true that things have change with the coming of ASICS, they are expensive and people need to sell their coins faster
to pay the bills.
Not everyone is in good finaninial shape and the cost of electricity is different in each country.
I have to dissagree that all coins mined today are actually sold on the same day.
Unless you are KNC, they need to sell it for hard dollar.
Factories don't accept BTC now for components, KNC is non-stop building a mega farm.

People are becoming aware of what is Bitcoin, and speculation does not work anymore.
This is true, volatility will be less, but bitcoin will grow more stable now that there are services and infrastructures added to the network.
On the other hand, daytraders who like to short will have less profitability

Case MtGox killed all hope in Bitcoin
Beside MtGox, we have a lot scams with big exchanges before.
If you have follow the interview with Bobby Lee, you notice they are willingly to do an audit by a third party.
They will become more mature and transform into a real company with regulations if neccesary to survive.
People are also scarred now to be scammed by an exchange.
Problems with MtGox already exist in summer 2013, before it only takes a week to get your money out.
I sent coins between exchanges to profit from price difference, but since MtGox come with an excuse that their daily withdrawel limits have been reached.
I know something wasn't right after asking banks about this bullshit.
I stopped immidiately and got my latest payment after a month in septber 2013.

The previous price jumps have been artificially, by MtGox and any mining hardware manufacturer.
You probably don't know about https://bitcoin-24.com/
bitcoin-24 introduce trading without trading fee, just the same like btcchina did last year to attract users.
Together with the Cyprus bank incident, people get aware of bitcoin.
Hardware manufactures lure people to buy with bitcoin and give them discount for doing that.
They know, once the Asics are released in the wild, BTC will more difficult to mine and the chance that bitcoin will increase in price is bigger than that it
will drop.
They didn't foresee the no trading fee from BTCChina, this together gives BTC price a jumpstart.

The mining factor is too small for any serious action,and time is to quit the game
I don't agree with you on this one.
For most of the miners it will become harder to become bigger through limitations in their home infrastructure.
But it is not impossible.

A major player China 15 th april 2014 out from game.
This is untill now still unclear
sr. member
Activity: 406
Merit: 250
April 06, 2014, 10:39:18 AM
#32
Lets hope it's gonna stabilize a little bit from now on.

No way, first go below 200 usd!

Everyone has the right to short, it is their own decision, but did you thought about the risks?
Its even greater.

Posting empty posts over and over without a base is asking for FUD posts back.
Try to posts lesser, but explain better why you think it will go that way.

There is no investor in Bitcoin,
The market is oversaturated with Bitcoin
every day is generated about 4000 new bitcoin which have nobody to pay
People are becoming aware of what is Bitcoin, and speculation does not work anymore.
Case MtGox killed all hope in Bitcoin
The previous price jumps have been artificially, by MtGox and any mining hardware manufacturer.
The mining factor is too small for any serious action,and time is to quit the game
A major player China 15 th april 2014 out from game.
hero member
Activity: 854
Merit: 500
einc.io
April 06, 2014, 10:28:43 AM
#31
Lets hope it's gonna stabilize a little bit from now on.

No way, first go below 200 usd!

Everyone has the right to short, it is their own decision, but did you thought about the risks?
Its even greater.

Posting empty posts over and over without a base is asking for FUD posts back.
Try to posts lesser, but explain better why you think it will go that way.
sr. member
Activity: 406
Merit: 250
April 06, 2014, 10:20:53 AM
#30
Lets hope it's gonna stabilize a little bit from now on.

No way, first go below 200 usd!
hero member
Activity: 574
Merit: 500
Richard Coleman - Chief Executive @ CloudThink.IO
April 06, 2014, 10:19:10 AM
#29
Lets hope it's gonna stabilize a little bit from now on.
sr. member
Activity: 406
Merit: 250
April 06, 2014, 10:16:12 AM
#28
http://v.youku.com/v_show/id_XNjkyODM1NTM2.html
Totally relax about the 415 incident, they even sing about it.
What will you see after a short squeeze if you look down at the top of a Russian hotel where Igorr work as a porter?



oh, my shadow,
Where are you up to now, I'm was worried for you
sr. member
Activity: 434
Merit: 250
April 06, 2014, 10:14:43 AM
#27
Hopefully the rise will continue i really wish it will not go down more..
hero member
Activity: 854
Merit: 500
einc.io
April 06, 2014, 10:11:37 AM
#26
http://v.youku.com/v_show/id_XNjkyODM1NTM2.html
Totally relax about the 415 incident, they even sing about it.
What will you see after a short squeeze if you look down at the top of a Russian hotel where Igorr work as a porter?

sr. member
Activity: 406
Merit: 250
April 06, 2014, 09:49:37 AM
#25
Fall coming.
legendary
Activity: 3752
Merit: 1217
April 06, 2014, 08:38:04 AM
#24
The price has gone back to exact position of 24 hours ago. A nice day has been ruined.

It is trading at >450 levels. That is actually good. Don't expect BTC to go over 1K all of a sudden. This time there will be no sudden jumps.
sr. member
Activity: 252
Merit: 250
April 06, 2014, 08:34:07 AM
#23
now i'm never gonna be able to leave my parents house
TTM
full member
Activity: 140
Merit: 100
April 06, 2014, 08:25:19 AM
#22
The price has gone back to exact position of 24 hours ago. A nice day has been ruined.
hero member
Activity: 784
Merit: 512
April 06, 2014, 06:15:07 AM
#21
boooring...
full member
Activity: 154
Merit: 100
April 06, 2014, 03:39:36 AM
#20
Still its not in a good position
b!z
legendary
Activity: 1582
Merit: 1010
April 06, 2014, 03:30:04 AM
#19
Houston, we have liftoff!
hero member
Activity: 854
Merit: 500
Nope..
April 06, 2014, 03:24:39 AM
#18
Damn, my beer tastes good.
sr. member
Activity: 392
Merit: 250
April 05, 2014, 11:06:50 PM
#17
had to start going back up eventually, since it's impossible to see 0.  Kiss bring it
legendary
Activity: 2114
Merit: 1040
A Great Time to Start Something!
April 05, 2014, 10:23:06 PM
#16
Weekends (through Sat night) are often slow/lower prices.
To Rally now is possibly a great signal.
sr. member
Activity: 476
Merit: 250
April 05, 2014, 10:15:05 PM
#15
Welcome to Bitcoin

The swings are like 95% of the fun
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