Coiling for a big move.. | Bitcointalksearch.org

fewcoins

full member

Activity: 126

Merit: 100

Quote from: ?? on ??

Quote from: fewcoins on December 06, 2014, 10:52:49 PM

You guys are idiots... How will you feel when we test $300 again???
Everyone speculates a correction up wtf we need a correction back down... It's what makes sense. We will return to the mean. You can deny it all you want!

Dude, supporting arguments are your friend.

We hit 345 today... Even with a few expected dead cat bounces, we will test near 300 same as we will test 400 again maybe next week or so

Tzupy

legendary

Activity: 2170

Merit: 1094

Quote from: cypherdoc on December 06, 2014, 03:44:07 PM

Quote from: JimboToronto on December 06, 2014, 03:43:03 PM

Quote from: Elwar on December 06, 2014, 02:50:23 PM

This is going to be epic.

I'm still buying on every dip.

Since capitulation in early October: 2 on Oct4, 3 on Oct6, 3 on Nov4, 3 on Nov21, 2 on Dec4.

Slow and steady wins the race.

+1

Permabulls were "right" again, there was coiling, but for the other direction. However, the epic part is yet to come, this is just the prelude. Cheesy

dropt

legendary

Activity: 1512

Merit: 1000

Quote from: phoenix1 on December 07, 2014, 04:38:35 PM

You are not alone ...

http://www.coindesk.com/questions-linger-daily-bitcoin-transactions-pass-100000-milestone/

Undecided

Interesting bit about OP_Return spam in there too.

bitebits

legendary

Activity: 2242

Merit: 3523

Flippin' burgers since 1163.

Quote from: phoenix1 on December 07, 2014, 04:38:35 PM

Quote from: dropt on December 07, 2014, 03:08:48 PM

Quote from: cypherdoc on December 06, 2014, 12:22:14 PM

the REALLY big deal for Bitcoin in the past several months has been the tx volume increase. prior to that, there was a real question regarding widespread adoption. this increase bodes well for Bitcoins future. it cannot be interpreted in any other way.

I'm skeptical of the increased TX volume. I think we owe a large part of that growth to the increasing number, and use of coin mixers. Further, I'd also suspect that the proliferation of cloud mining has also added to the number of transactions.

You are not alone ...

http://www.coindesk.com/questions-linger-daily-bitcoin-transactions-pass-100000-milestone/

Undecided

On the other hand, the number of 'off chain services' with off chain transactions grew greatly as well.

phoenix1

hero member

Activity: 798

Merit: 1000

Quote from: dropt on December 07, 2014, 03:08:48 PM

Quote from: cypherdoc on December 06, 2014, 12:22:14 PM

the REALLY big deal for Bitcoin in the past several months has been the tx volume increase. prior to that, there was a real question regarding widespread adoption. this increase bodes well for Bitcoins future. it cannot be interpreted in any other way.

I'm skeptical of the increased TX volume. I think we owe a large part of that growth to the increasing number, and use of coin mixers. Further, I'd also suspect that the proliferation of cloud mining has also added to the number of transactions.

You are not alone ...

http://www.coindesk.com/questions-linger-daily-bitcoin-transactions-pass-100000-milestone/

Undecided

1Referee

legendary

Activity: 2170

Merit: 1427

Quote from: jaberwock on December 07, 2014, 03:08:12 PM

We might see some end of year pump, maybe to 600 again, but it won't be sustainable until we reach the last year's volumes again.

Without the help of fake coins, I would prefer

I also think there will be a so called rally, but at this point there is too much selling pressure.

We might see $500 for a very short time, but I guess miners will use that price level to cash out some of their coins.

dropt

legendary

Activity: 1512

Merit: 1000

Quote from: cypherdoc on December 06, 2014, 12:22:14 PM

the REALLY big deal for Bitcoin in the past several months has been the tx volume increase. prior to that, there was a real question regarding widespread adoption. this increase bodes well for Bitcoins future. it cannot be interpreted in any other way.

I'm skeptical of the increased TX volume. I think we owe a large part of that growth to the increasing number, and use of coin mixers. Further, I'd also suspect that the proliferation of cloud mining has also added to the number of transactions.

jaberwock

legendary

Activity: 2772

Merit: 1127

We might see some end of year pump, maybe to 600 again, but it won't be sustainable until we reach the last year's volumes again.

Without the help of fake coins, I would prefer

fewcoins

full member

Activity: 126

Merit: 100

You guys are idiots... How will you feel when we test $300 again???
Everyone speculates a correction up wtf we need a correction back down... It's what makes sense. We will return to the mean. You can deny it all you want!

byronbb

legendary

Activity: 1414

Merit: 1000

HODL OR DIE

If you draw a fancy line down from the very top of the 1k candle.....

NotLambchop

sr. member

Activity: 378

Merit: 254

Quote from: JimboToronto on December 06, 2014, 03:43:03 PM

...
I'm still buying on every dip.

You sure are. The workings of teh Tadalafil-engorged mind Roll Eyes

Quote from: JimboToronto on May 24, 2014, 07:59:41 PM

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.

Kids, NOT EVEN ONCE!

cypherdoc

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Activity: 1764

Merit: 1002

Quote from: JimboToronto on December 06, 2014, 03:43:03 PM

Quote from: Elwar on December 06, 2014, 02:50:23 PM

This is going to be epic.

I'm still buying on every dip.

Since capitulation in early October: 2 on Oct4, 3 on Oct6, 3 on Nov4, 3 on Nov21, 2 on Dec4.

Slow and steady wins the race.

+1

JimboToronto

legendary

Activity: 4200

Merit: 4887

You're never too old to think young.

Quote from: Elwar on December 06, 2014, 02:50:23 PM

This is going to be epic.

I'm still buying on every dip.

Since capitulation in early October: 2 on Oct4, 3 on Oct6, 3 on Nov4, 3 on Nov21, 2 on Dec4.

Slow and steady wins the race.

Elwar

legendary

Activity: 3598

Merit: 2386

Viva Ut Vivas

This is going to be epic.

1Referee

legendary

Activity: 2170

Merit: 1427

Quote from: Wilhelm on December 06, 2014, 11:32:47 AM

LOL at the BTC-e BTC100 and BTC169 wall on BTC-e trying to keep the price down.
Bears are trying to stop bitcoin from going to-da-moon Cheesy

These walls can keep the price lower on BTC-E, but the same walls would vanish instantly at Bitstamp.

But at this point there are no indications for an upwards movement.

NotLambchop

sr. member

Activity: 378

Merit: 254

Quote from: cypherdoc on December 06, 2014, 12:22:14 PM

the REALLY big deal for Bitcoin in the past several months has been the tx volume increase. prior to that, there was a real question regarding widespread adoption. this increase bodes well for Bitcoins future. it cannot be interpreted in any other way.
...

brg444

hero member

Activity: 644

Merit: 504

Bitcoin replaces central, not commercial, banks

Quote from: cypherdoc on December 06, 2014, 12:22:14 PM

the REALLY big deal for Bitcoin in the past several months has been the tx volume increase. prior to that, there was a real question regarding widespread adoption. this increase bodes well for Bitcoins future. it cannot be interpreted in any other way.

and before the bears scream about intra-wallet tx's as being fake volume, i must remind you that those still have to pay miner fees thus boosting the overall mining economy and revenue. this is actually why it's important to keep all tx's on the main blockchain as opposed to offramping them to SC's.

We're not gonna start another debate here but this is plainly false. SC are in fact an opportunity to preserve miners tx fees revenues that could otherwise migrate to off-chain schemes.

cypherdoc

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Activity: 1764

Merit: 1002

the REALLY big deal for Bitcoin in the past several months has been the tx volume increase. prior to that, there was a real question regarding widespread adoption. this increase bodes well for Bitcoins future. it cannot be interpreted in any other way.

and before the bears scream about intra-wallet tx's as being fake volume, i must remind you that those still have to pay miner fees thus boosting the overall mining economy and revenue. this is actually why it's important to keep all tx's on the main blockchain as opposed to offramping them to SC's.

Wilhelm

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Activity: 1652

Merit: 1265

LOL at the BTC-e BTC100 and BTC169 wall on BTC-e trying to keep the price down.
Bears are trying to stop bitcoin from going to-da-moon Cheesy

coinableS

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Activity: 1442

Merit: 1186

I just keep watching that 3D EMA waiting for it to crossover.

Topic: Coiling for a big move.. (Read 4457 times)