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Topic: IT STILL ISN'T BACK TO "NORMAL"! (Read 5776 times)

legendary
Activity: 1078
Merit: 1003
April 14, 2013, 03:00:27 PM
#64
There won't be any "normal" state for the next decade in my opinion.

FTFY
member
Activity: 183
Merit: 10
April 14, 2013, 02:47:23 PM
#63
There won't be any "normal" state for the next months in my opinion.
legendary
Activity: 3108
Merit: 1531
yes
April 14, 2013, 02:45:57 PM
#62
You think my parents ever heard about it? Guess again  Grin

But it's more for fun of course, don't feel offended. It could go to zero tomorrow just as easily. If I look what I can actually do with Bitcoin today, it's still nothing other than having coins Goxxed at Gox and talk about being Goxxed here at bitcointalk. Bitcoin is great in our heads, but still absent in real life by all practical means.

The reason for spending time making useless graphs is to keep minds moving.

As long as the Bitcoin protocol is not compromised, Bitcoin will have a place unless international payments will be free of costs and instantaneously. The next few years, 2 billion people will get access to the Internet. No, they won't need a bank account. It's a game changer.

But of course it is possible that the paradigm shift has happened and that now the practical implementation must happen to make it a success. I'm having fun nonetheless.
sr. member
Activity: 407
Merit: 250
April 14, 2013, 02:28:18 PM
#61
So it has come to this, the most normal person in this thread is 'crazy':


"So were you ignoring that "Media Attention" label because it doesn't fit your assumptions or? Plus the "enthusiasm," "greed," yea. Definitely haven't seen any of that around here. $100,000 per BTC definitely isn't "Delusion." People saying bitcoin isn't a bubble because it's something that's never been before, that's not "New Paradigm" either."
legendary
Activity: 3108
Merit: 1531
yes
April 14, 2013, 02:18:49 PM
#60
I had the same feeling.

hero member
Activity: 526
Merit: 500
April 14, 2013, 02:15:54 PM
#59
We are definitively in the Awareness Phase. Ask 20 strangers on the street if they've heard of bitcoin.

I quite doubt many people in the streets had heard of the dot-com stocks either...

Yeah, but Bitcoin isn't a stock.


It is an e-metal then -or a Ponzi scheme. Sure no currency behaves like that.

Anyway. Funny fact: now that I think of it, when I graduated, my friends did make me ask random strangers if they knew bitcoins (since I was talking about them quite often -it was back in the Pirate days). Most frowned at me, but one said he was a researcher and some of his colleagues were working on a related project. It was quite a shock!

I see it as a communications medium.  In this way bitcoin is more comparable to television, radio, cell phones, email, etc, than some stock.   Ask 20 people on the street if they've ever heard of "email" or "the web" and see what response you get.
sr. member
Activity: 252
Merit: 250
April 14, 2013, 02:00:57 PM
#58
We are definitively in the Awareness Phase. Ask 20 strangers on the street if they've heard of bitcoin.

I quite doubt many people in the streets had heard of the dot-com stocks either...

Yeah, but Bitcoin isn't a stock.


It is an e-metal then -or a Ponzi scheme. Sure no currency behaves like that.

Anyway. Funny fact: now that I think of it, when I graduated, my friends did make me ask random strangers if they knew bitcoins (since I was talking about them quite often -it was back in the Pirate days). Most frowned at me, but one said he was a researcher and some of his colleagues were working on a related project. It was quite a shock!
hero member
Activity: 924
Merit: 1000
April 14, 2013, 01:33:23 PM
#57
I don't see why people keep referring to that chart. I could find hundreds of graphs that look like that and say SEE IT'S THE SAME.
hero member
Activity: 526
Merit: 500
April 14, 2013, 01:28:43 PM
#56
We are definitively in the Awareness Phase. Ask 20 strangers on the street if they've heard of bitcoin.

I quite doubt many people in the streets had heard of the dot-com stocks either...

Yeah, but Bitcoin isn't a stock.
sr. member
Activity: 252
Merit: 250
April 14, 2013, 01:06:52 PM
#55
We are definitively in the Awareness Phase. Ask 20 strangers on the street if they've heard of bitcoin.

I quite doubt many people in the streets had heard of the dot-com stocks either...
sr. member
Activity: 329
Merit: 250
LTC -> BTC -> Silver!
April 14, 2013, 01:01:37 PM
#54
We are definitively in the Awareness Phase. Ask 20 strangers on the street if they've heard of bitcoin.
donator
Activity: 1722
Merit: 1036
April 14, 2013, 12:44:12 PM
#53
The Long term chart shows many opportunities to get rid of your coin after either a runup, or a dip. I think what happened last week will be remembered in Bitcoin's history as an event as big as the crashes of November 2010, August 2011, September 2011, February 2012 and August 2012.

In other words, meh. Except for those that sold completely out, and are therefore completely out.

 
full member
Activity: 126
Merit: 100
April 14, 2013, 09:10:02 AM
#52
Perhaps....


It is back to what it's normal in bitcoin, going up and down. It works for me as a currency, I've been using it frequently since last year, only recently started to hoard some little coins, realizing the potencial.
full member
Activity: 224
Merit: 100
April 14, 2013, 06:27:13 AM
#51
Perhaps....

legendary
Activity: 1792
Merit: 1111
April 12, 2013, 02:36:53 PM
#50
We are just entering the awareness phase.   Nine hundred and ninety nine out if one thousand people have no idea what Bitcoin is and the media is just starting to cluelessly report it.  We will be in the mania phase when taxi drivers are boasting of bitcoin profits and the media are praising it as stupidly as they dismiss it now. 

When Jim Cramer says Bitcoin is a buy buy buy, then I will know we are in the mania phase.

FTFY
sr. member
Activity: 392
Merit: 250
April 12, 2013, 03:38:51 AM
#49
Hey guys, I fixed the graph.  Wink



This. Techcrunch just wrote how VC:s are investing in Bitcoin, Winklewossies, more people now about Bitcoin than ever before...
member
Activity: 71
Merit: 10
April 12, 2013, 03:34:55 AM
#48
We are just entering the awareness phase.   Nine out if ten people have no idea what Bitcoin is and the media is just starting to cluelessly report it.  We will be in the mania phase when taxi drivers are boasting of bitcoin profits and the media are praising it as stupidly as they dismiss it now. 

When Jim Cramer says Bitcoin is a buy buy buy, then I will know we are in the mania phase.
hero member
Activity: 658
Merit: 536
Z-pay.io
April 11, 2013, 09:07:52 PM
#47
Hey guys, I fixed the graph.  Wink



Agree.
2011 bubble looks now like a little pimple compering with the current one.
One day $266 peak will look the same.

Bitcoin becoming a huge Brand in the world of Financial Speculation. We will see completely different numbers soon. I'm not willing to sell my long-term BTC portfolio for funny $300 per coin. 2014 target is at least low-middle $X,XXX. Just relax and wait for a next bubble.

Trade on exchange only btc you can afford to lose.
Keep safe and increese your long-term Bitcoin investment.
full member
Activity: 182
Merit: 100
April 11, 2013, 08:17:31 PM
#46
No more 1080p 3D charts! I'm getting dizzy
sr. member
Activity: 644
Merit: 250
https://primedao.eth.link/#/
April 11, 2013, 08:07:05 PM
#45
Hey guys, I fixed the graph.  Wink



That is actually quite interesting.
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