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Topic: Is anyone worried how fast BTC is climbing in price? - page 3. (Read 8435 times)

legendary
Activity: 1722
Merit: 1217
Hell, even an influx of only 1% of the worlds GDP over the course of a few years would create a 'bubble' so large that our heads would be spinning in euphoric delirium.

65,320 usd/btc
hero member
Activity: 686
Merit: 500
US debt crisis.
China baidu.
All these things are in play. Plus people are talking about bitcoins again.
capital control CHASE & HSBC
https://bitcointalksearch.org/topic/m.3358474
Spain
https://bitcointalksearch.org/topic/m.3373737
LOL, this is like the 100th time i've seen this. "capital controls" is a bit ridiculous... more like banks eeking yet more fees out of everyone
legendary
Activity: 1834
Merit: 1020
ImI
legendary
Activity: 1946
Merit: 1019
US debt crisis.
China baidu.
All these things are in play. Plus people are talking about bitcoins again.
capital control CHASE & HSBC
https://bitcointalksearch.org/topic/m.3358474
Spain
https://bitcointalksearch.org/topic/m.3373737

The spain story is a hoax. Those rules are from 2011 and the website hasnt been updated.

-> You are allowed to transfer free in spain.
hero member
Activity: 743
Merit: 500
US debt crisis.
China baidu.
All these things are in play. Plus people are talking about bitcoins again.
capital control CHASE & HSBC
https://bitcointalksearch.org/topic/m.3358474
Spain
https://bitcointalksearch.org/topic/m.3373737
hero member
Activity: 728
Merit: 500
Its also simple charting that it was time for bitcoin to rally again. There is a major rally every 6 months and the chart looked exactly like before the spring breakout. People knew there was no longer any possible chance to buy bitcoin any lower and they had to buy now or miss the train.
Aco
newbie
Activity: 14
Merit: 0
US debt crisis.
China baidu.
All these things are in play. Plus people are talking about bitcoins again.
legendary
Activity: 1168
Merit: 1000

But long term this rally is unsupported by anything "real".   I'd love for this rally to be occurring on the heels of the announcement of new bitcoin technologies or some larger retailers or Paypal implementation, etc.

http://www.coindesk.com/chinese-internet-giant-baidu-starts-accepting-bitcoin/

$44 in blockchain! Wow get ready for a rally! not!

It hadn't crossed your mind that this might be "good news" for other reasons, including, but not limited to:

1) Added media attention
2) Precedents set (acceptance of technology)

??

Think a little deeper, on occasion.  You know, if it doesn't hurt your head too much.

legendary
Activity: 896
Merit: 1000

But long term this rally is unsupported by anything "real".   I'd love for this rally to be occurring on the heels of the announcement of new bitcoin technologies or some larger retailers or Paypal implementation, etc.

http://www.coindesk.com/chinese-internet-giant-baidu-starts-accepting-bitcoin/
Havent you read anything? That was a load of crap. This rallyis be cause rally. Doesnt mean its unsustainable, just that there is no real reason for it.
member
Activity: 98
Merit: 10

But long term this rally is unsupported by anything "real".   I'd love for this rally to be occurring on the heels of the announcement of new bitcoin technologies or some larger retailers or Paypal implementation, etc.

http://www.coindesk.com/chinese-internet-giant-baidu-starts-accepting-bitcoin/

$44 in blockchain! Wow get ready for a rally! not!
legendary
Activity: 1008
Merit: 1023
Democracy is the original 51% attack

But long term this rally is unsupported by anything "real".   I'd love for this rally to be occurring on the heels of the announcement of new bitcoin technologies or some larger retailers or Paypal implementation, etc.

http://www.coindesk.com/chinese-internet-giant-baidu-starts-accepting-bitcoin/
legendary
Activity: 2996
Merit: 1136
Leading Crypto Sports Betting & Casino Platform
Not too worried
My greatest worry is that I sell at my sell point before it adjusts downward again
hero member
Activity: 784
Merit: 1000
Annuit cœptis humanae libertas
Really? Few anti-bitcoin words from government is enough... Can come sooner than you think.

'Cause we know, when governments restrict/ban something, everybody complies.
'Cause we know, every time governments ban a commodity, it becomes cheaper.

Oh, wait...
legendary
Activity: 1834
Merit: 1020
Some notes to remember about Bitcoin.

1) It's a different market, and the world hasn't seen one like it as far as I'm aware.  Thus, to make the assumption that you can analyze or predict the economy based upon effective market analysis tactics in the same way that you would analyze fiat currencies or the gold markets isn't necessarily true.

2) If you do some research about Bitcoin and simply look at the math behind it, mass adoption of Bitcoin would likely necessitate the formation of what would appear to be some of the most gargantuan bubbles ever seen.  Hell, even an influx of only 1% of the worlds GDP over the course of a few years would create a 'bubble' so large that our heads would be spinning in euphoric delirium.

3) New systems, let alone economic ones, are prone to mass instability/volatility.  They have to be, and this is an inevitable result between the ratio in size between the smaller system and the larger system(s) in which it is nested, and with which it receives and relays its inputs and outputs.  As systems grow and become more balanced, the effects of "extreme cases" (in Bitcoin, these are your whales and your 'manipulators') are minimized.

TL;DR:  If you've been around this market for more than a year or two, $20-$30 swings in a day isn't very shocking...you just take this into account when safeguarding your assets.

hero member
Activity: 686
Merit: 500
Bunch of little bitches in this thread.  Man up.  Smiley

We're not crashing to $50, without some remarkably (emphasis) bad news.  SR news and panic brought us to $90 on stamp for a split second, before very quickly bouncing back to $120, and it's difficult to think of a worse event that would cause such a panic sell-off.

Maybe see a test when we rear end $300. :-)
popping of a speculative bubble = much bigger than SR IMO
legendary
Activity: 1168
Merit: 1000
Bunch of little bitches in this thread.  Man up.  Smiley

We're not crashing to $50, without some remarkably (emphasis) bad news.  SR news and panic brought us to $90 on stamp for a split second, before very quickly bouncing back to $120, and it's difficult to think of a worse event that would cause such a panic sell-off.

Maybe see a test when we rear end $300. :-)

Really? Few anti-bitcoin words from government is enough... Can come sooner than you think.

That's would it would take, in my opinion.  Something very grim from US Gov't.  It's not just going to crash beyond ~$140 on Stamp for no reason, though.
legendary
Activity: 1008
Merit: 1003
WePower.red
Bunch of little bitches in this thread.  Man up.  Smiley

We're not crashing to $50, without some remarkably (emphasis) bad news.  SR news and panic brought us to $90 on stamp for a split second, before very quickly bouncing back to $120, and it's difficult to think of a worse event that would cause such a panic sell-off.

Maybe see a test when we rear end $300. :-)

Really? Few anti-bitcoin words from government is enough... Can come sooner than you think.
legendary
Activity: 1168
Merit: 1000
Bunch of little bitches in this thread.  Man up.  Smiley

We're not crashing to $50, without some remarkably (emphasis) bad news.  SR news and panic brought us to $90 on stamp for a split second, before very quickly bouncing back to $120, and it's difficult to think of a worse event that would cause such a panic sell-off.

Maybe see a test when we rear end $300. :-)
member
Activity: 98
Merit: 10
i am worried.  Cry
member
Activity: 98
Merit: 10
why should you worry? as long as there are bag holders this pyramid scheme will carry on.
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