Hey Bears, what would turn you Bull? - page 2.

master-P

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https://keybase.io/masterp FREE Escrow Service

Satoshi announcing himself to the world Cheesy

If I see indicators that fresh investors are flocking in to buy BTC I'd turn bullish. Not the same hodlers crying that BTC is cheap and to get in before it's too late type of investors. I mean new people who read about it and decide to invest a little. I remember in early 2013 there were lots of new users here asking how to buy some btc and investment strategies. It does seem that trend has slowed down significantly in 2014 after our meteoric rise from $85.

dreamspark

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Activity: 798

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Quote from: Ibian on May 13, 2014, 10:41:32 AM

Quote from: TERA on May 13, 2014, 06:00:07 AM

Quote from: Elwar on May 13, 2014, 05:55:29 AM

Quote from: TERA on May 13, 2014, 05:31:49 AM

Quote from: Elwar on May 13, 2014, 12:57:34 AM

Maybe when their government currencies fail and they have to use bitcoins.

They will still complain though and say that government currencies were the reason for the good ol' days. That bitcoin ruined all of that.

When 'government currencies fail', there will be an apocalypse, you will have much more to worry about than money/investing, and bitcoin will not save you. Nobody should be hoping for this - be careful what you wish for.

People in Zimbabwe would beg to differ.

I think when we're talking about USD, that is significantly different because USD is basically the reserve currency of the entire world.

At gunpoint. Saddam wanted to trade oil in euro and had his country illegally invaded and hundreds of thousands of civilians killed. Gaddafi wanted a gold based economy and was executed in the middle of the street in broad daylight.

Thing is, the US economy is declining. A day will come where it is not possible to pay for all those shiny guns, and then there will be a reckoning.

Agree and TERA may as well. The point is that when that day comes Bitcoin likely wont be the savoir

Ibian

legendary

Activity: 2268

Merit: 1278

Quote from: TERA on May 13, 2014, 06:00:07 AM

Quote from: Elwar on May 13, 2014, 05:55:29 AM

Quote from: TERA on May 13, 2014, 05:31:49 AM

Quote from: Elwar on May 13, 2014, 12:57:34 AM

Maybe when their government currencies fail and they have to use bitcoins.

They will still complain though and say that government currencies were the reason for the good ol' days. That bitcoin ruined all of that.

When 'government currencies fail', there will be an apocalypse, you will have much more to worry about than money/investing, and bitcoin will not save you. Nobody should be hoping for this - be careful what you wish for.

People in Zimbabwe would beg to differ.

I think when we're talking about USD, that is significantly different because USD is basically the reserve currency of the entire world.

At gunpoint. Saddam wanted to trade oil in euro and had his country illegally invaded and hundreds of thousands of civilians killed. Gaddafi wanted a gold based economy and was executed in the middle of the street in broad daylight.

Thing is, the US economy is declining. A day will come where it is not possible to pay for all those shiny guns, and then there will be a reckoning. It may end up feeling like a salvation rather than the 'pokalypse.

r34tr783tr78

sr. member

Activity: 481

Merit: 268

A breach of the lines crossing now at 453 and 477 on Bitstamp would make me stop opening shorts.
A breach of the last high of 548 would make me go long strongly. Probably, would jump in with some quantities before that at 507 and possibly at 480-485.

elux

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Activity: 1458

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Quote from: Dalmar on May 13, 2014, 03:32:35 AM

All major Chinese exchanges being shut down.

In other words, a ban? Grin

TERA

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Activity: 728

Merit: 500

Quote from: Elwar on May 13, 2014, 05:55:29 AM

Quote from: TERA on May 13, 2014, 05:31:49 AM

Quote from: Elwar on May 13, 2014, 12:57:34 AM

Maybe when their government currencies fail and they have to use bitcoins.

They will still complain though and say that government currencies were the reason for the good ol' days. That bitcoin ruined all of that.

When 'government currencies fail', there will be an apocalypse, you will have much more to worry about than money/investing, and bitcoin will not save you. Nobody should be hoping for this - be careful what you wish for.

People in Zimbabwe would beg to differ.

I think when we're talking about USD, that is significantly different because USD is basically the reserve currency of the entire world.

Elwar

legendary

Activity: 3598

Merit: 2386

Viva Ut Vivas

Quote from: TERA on May 13, 2014, 05:31:49 AM

Quote from: Elwar on May 13, 2014, 12:57:34 AM

Maybe when their government currencies fail and they have to use bitcoins.

They will still complain though and say that government currencies were the reason for the good ol' days. That bitcoin ruined all of that.

When 'government currencies fail', there will be an apocalypse, you will have much more to worry about than money/investing, and bitcoin will not save you. Nobody should be hoping for this - be careful what you wish for.

People in Zimbabwe would beg to differ.

TERA

hero member

Activity: 728

Merit: 500

Quote from: Elwar on May 13, 2014, 12:57:34 AM

Maybe when their government currencies fail and they have to use bitcoins.

They will still complain though and say that government currencies were the reason for the good ol' days. That bitcoin ruined all of that.

When 'government currencies fail', there will be an apocalypse, you will have much more to worry about than money/investing, and bitcoin will not save you. Nobody should be hoping for this - be careful what you wish for.

windjc

legendary

Activity: 2156

Merit: 1070

Quote from: hyphymikey on May 13, 2014, 12:15:38 AM

Bears out there, what would turn you into a bull? Perhaps a certain news headline, significant world event, or T/A event?

Discuss

Simple. Break all the upward trendlines on higher volume with a retest of the trendlines as support + some fundamental indicators that suggest that there is a steady supply of fiat going to be coming into the exchanges short and intermediate term.

Then I am all in like Flynn.

dreamspark

hero member

Activity: 798

Merit: 1000

Quote from: gizmoh on May 13, 2014, 02:40:10 AM

1W MACD crossing will definitely do..

This is a sure signal for the uber bears and people who managed to sell near the very top in november. Bears from ~$600 could end up buying back with a loss if they wait for this signal.

Dalmar

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Life is short, practice empathy in your life

All major Chinese exchanges being shut down. No more China FUD.

gizmoh

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1W MACD crossing will definitely do..

Elwar

legendary

Activity: 3598

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Viva Ut Vivas

Maybe when their government currencies fail and they have to use bitcoins.

They will still complain though and say that government currencies were the reason for the good ol' days. That bitcoin ruined all of that.

YipYip

hero member

Activity: 574

Merit: 500