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Topic: Just sold my bitcoin... (Read 5147 times)

legendary
Activity: 2212
Merit: 1199
February 13, 2014, 05:01:33 PM
#86

just lots more noise to sift through than in the past Smiley
noise that unfortunately gets picked up into people's schema oft leading to false bases of logic

I believe you are right.
And this what you are talking about is because growing popularity of bitcoin.

Smiley before bitcoin was mostly topic for geeks and economists and cypherpunks Smiley now borders are wider, and everyone is invited (let say). Smiley
legendary
Activity: 1834
Merit: 1019
February 13, 2014, 04:37:56 PM
#85
Dead? Smiley There always will be some problems with understanding each other.

Forum is a forum. Bitcoin is a large project and we have here all nations in age 12-99,
economist, lawyers, builders, dealers, mothers, brothers ...

all kind of people Smiley

not all of us are just economy lovers.

And for example I dont know a lot about economy. I know a lot about IT, but economy is not realy my pair of shoes.

Smiley

If you think, that because not every post is clearly about economy or smth this forum is dead I guess you are wrong.

Smiley


just lots more noise to sift through than in the past Smiley
noise that unfortunately gets picked up into people's schema oft leading to false bases of logic
legendary
Activity: 2212
Merit: 1199
February 13, 2014, 03:56:36 PM
#84
Dead? Smiley There always will be some problems with understanding each other.

Forum is a forum. Bitcoin is a large project and we have here all nations in age 12-99,
economist, lawyers, builders, dealers, mothers, brothers ...

all kind of people Smiley

not all of us are just economy lovers.

And for example I dont know a lot about economy. I know a lot about IT, but economy is not realy my pair of shoes.

Smiley

If you think, that because not every post is clearly about economy or smth this forum is dead I guess you are wrong.

Smiley
legendary
Activity: 1834
Merit: 1019
February 13, 2014, 03:38:45 PM
#83
Stop making 10 quotes in a single post.
The buy side on bitstamp has improved, the crash might have happened, or it might move a bit more down.
The price will definitely spike once it's in the news everywhere (positive, not media FUD).

Stop telling people how to post.

Stop telling people to dont say how to post Smiley


No you stop.

Pretty mature for the economic forum...

posted somewhere around here
Quote
I think the forum is pretty much dead. It just hasn't stopped twitching yet.
hero member
Activity: 826
Merit: 501
in defi we trust
February 13, 2014, 02:24:47 PM
#82
Stop making 10 quotes in a single post.
The buy side on bitstamp has improved, the crash might have happened, or it might move a bit more down.
The price will definitely spike once it's in the news everywhere (positive, not media FUD).

Stop telling people how to post.

Stop telling people to dont say how to post Smiley


No you stop.

Pretty mature for the economic forum...
hero member
Activity: 672
Merit: 500
February 13, 2014, 02:16:37 PM
#81
Stop making 10 quotes in a single post.
The buy side on bitstamp has improved, the crash might have happened, or it might move a bit more down.
The price will definitely spike once it's in the news everywhere (positive, not media FUD).

Stop telling people how to post.

Stop telling people to dont say how to post Smiley


No you stop.
legendary
Activity: 2212
Merit: 1199
February 12, 2014, 08:59:17 AM
#80
Stop making 10 quotes in a single post.
The buy side on bitstamp has improved, the crash might have happened, or it might move a bit more down.
The price will definitely spike once it's in the news everywhere (positive, not media FUD).

Stop telling people how to post.

Stop telling people to dont say how to post Smiley
hero member
Activity: 518
Merit: 500
February 12, 2014, 02:04:49 AM
#79
Stop making 10 quotes in a single post.
The buy side on bitstamp has improved, the crash might have happened, or it might move a bit more down.
The price will definitely spike once it's in the news everywhere (positive, not media FUD).

Stop telling people how to post.
legendary
Activity: 1456
Merit: 1001
This is the land of wolves now & you're not a wolf
February 12, 2014, 01:58:06 AM
#78
If your luck is like mine, the floor was when you sold. However, since I have not yet decided to sell, my bad luck may yet save you.

That's the spirit! Lol...jk my timing feels like it is a lot like yours sometimes..
legendary
Activity: 2674
Merit: 2965
Terminated.
February 12, 2014, 01:44:51 AM
#77
Stop making 10 quotes in a single post.
The buy side on bitstamp has improved, the crash might have happened, or it might move a bit more down.
The price will definitely spike once it's in the news everywhere (positive, not media FUD).
hero member
Activity: 518
Merit: 500
February 12, 2014, 12:21:18 AM
#76
It's been mid-high $600s all day. I'm still waiting for the real crash, one that lasts more than 5 seconds.

give it 12 hours I reckon, we will see 550, maybe less.

Highly unlikely. The "crash" has happened.

'highly unlikely' - where do you get your sources?
It is trending down, sorry.
there is only FUD to think about, russia bans, apple bans, mt Gox down, BTCe witdrawal problems, 'bug' in the system (there are ignorant people to believe this)..... etc... and there is no good news coming for a while either. give investors time to dwell on these.
last night all the happy go lucky speculators were cheering 'to the moon', obviously, the crash has not happened.
expect 350...... because you dont.

"Trending" is entirely dependent on your chosen timeframe. The bitstamp price has been trending nicely up the last 12 hrs.

Apple ban - nobody cared. Everyone already knew Apple didn't take bitcoin products. No idea what the minor fuss was about.
Russian ban - totally expected. Russians, like Chinese, want to control their people. Bitcoin was never going to happen in Russia. About as likely as taking off in North Korea.
Gox down - good. Hope it stays down
Withdrawal issues - will be fully sorted in next couple of days (except Gox which is a disgrace).

You believe there will be a big crash. I don't. We will have to agree to disagree. No need to get excited about it.

well obviously the trend Im talking about is based on a few weeks. 500 is certainly in striking range in the next couple of days.
you have me given the correct explanation of why these factors are all FUD, but Fear, uncertainty and doubt they certainly are.
if you wanna talk about longer term uptrends, Im with you on that subject.
if you look at the chart, you can see we are threatening 550....


The problem with chart reading is its a bit like reading tealeaves. Get 10 "experts" to draw triangles on charts and you get 10 different "readings". The only chart threatening 550 is the Gox one and I really don't give a rat's arse about what the Gox chart shows these days.

You might be right of course. People may be overcome with FUD flu in the next days, and the price plummet. But most bitcoiners have seen this all before and STAY CALM.

yeah lines and triangles are ambiguous at best, but sentiment is second to none as an indicator. as long as the troll box is full of happy and hopeful speculators, the crash hasnt quite finished yet. thats nature.

I don't go to troll boxes ever since spending a couple of days on btc-e. Watching pumpers and dumpers go through their routine is just a waste of one's life Wink
legendary
Activity: 924
Merit: 1001
February 12, 2014, 12:16:16 AM
#75
It's been mid-high $600s all day. I'm still waiting for the real crash, one that lasts more than 5 seconds.

give it 12 hours I reckon, we will see 550, maybe less.

Highly unlikely. The "crash" has happened.

'highly unlikely' - where do you get your sources?
It is trending down, sorry.
there is only FUD to think about, russia bans, apple bans, mt Gox down, BTCe witdrawal problems, 'bug' in the system (there are ignorant people to believe this)..... etc... and there is no good news coming for a while either. give investors time to dwell on these.
last night all the happy go lucky speculators were cheering 'to the moon', obviously, the crash has not happened.
expect 350...... because you dont.

"Trending" is entirely dependent on your chosen timeframe. The bitstamp price has been trending nicely up the last 12 hrs.

Apple ban - nobody cared. Everyone already knew Apple didn't take bitcoin products. No idea what the minor fuss was about.
Russian ban - totally expected. Russians, like Chinese, want to control their people. Bitcoin was never going to happen in Russia. About as likely as taking off in North Korea.
Gox down - good. Hope it stays down
Withdrawal issues - will be fully sorted in next couple of days (except Gox which is a disgrace).

You believe there will be a big crash. I don't. We will have to agree to disagree. No need to get excited about it.

well obviously the trend Im talking about is based on a few weeks. 500 is certainly in striking range in the next couple of days.
you have me given the correct explanation of why these factors are all FUD, but Fear, uncertainty and doubt they certainly are.
if you wanna talk about longer term uptrends, Im with you on that subject.
if you look at the chart, you can see we are threatening 550....


The problem with chart reading is its a bit like reading tealeaves. Get 10 "experts" to draw triangles on charts and you get 10 different "readings". The only chart threatening 550 is the Gox one and I really don't give a rat's arse about what the Gox chart shows these days.

You might be right of course. People may be overcome with FUD flu in the next days, and the price plummet. But most bitcoiners have seen this all before and STAY CALM.

yeah lines and triangles are ambiguous at best, but sentiment is second to none as an indicator. as long as the troll box is full of happy and hopeful speculators, the crash hasnt quite finished yet. thats nature.
legendary
Activity: 924
Merit: 1001
February 12, 2014, 12:14:07 AM
#74
It's been mid-high $600s all day. I'm still waiting for the real crash, one that lasts more than 5 seconds.

give it 12 hours I reckon, we will see 550, maybe less.

Highly unlikely. The "crash" has happened.

'highly unlikely' - where do you get your sources?
It is trending down, sorry.
there is only FUD to think about, russia bans, apple bans, mt Gox down, BTCe witdrawal problems, 'bug' in the system (there are ignorant people to believe this)..... etc... and there is no good news coming for a while either. give investors time to dwell on these.
last night all the happy go lucky speculators were cheering 'to the moon', obviously, the crash has not happened.
expect 350...... because you dont.

"Trending" is entirely dependent on your chosen timeframe. The bitstamp price has been trending nicely up the last 12 hrs.

Apple ban - nobody cared. Everyone already knew Apple didn't take bitcoin products. No idea what the minor fuss was about.
Russian ban - totally expected. Russians, like Chinese, want to control their people. Bitcoin was never going to happen in Russia. About as likely as taking off in North Korea.
Gox down - good. Hope it stays down
Withdrawal issues - will be fully sorted in next couple of days (except Gox which is a disgrace).

You believe there will be a big crash. I don't. We will have to agree to disagree. No need to get excited about it.

So why should Bitcoins be valued at its current price when 40% of the mobile market not be able to buy anything using their phones? When the government of a 1/3 of the worlds population not support Bitcoins growth. There does not exist a dedicated Bitcoin exchange that technically deals with the US government when 90% of Bitcoin business are located in America. I want Bitcoins to grow, but it is still lacking in so many ways and just because the price is at a ridiculous value doesn't mean that. Look how easily exchanges are bound to fail with simple government intervention or FUD panic...    

exactly,
plus, $700 is still a speculative price, not at all justified by commercial demand. It is very unstable, and that makes larger investors nervous.
if there is a wave down, aint nobody wanna catch a falling knife. panic is so easy to cause in bitcoin.
who will push it up in the coming days? I dunno. the smaller speculators have had their fill. it will range trade for a few days, before trending down to 400.

hero member
Activity: 518
Merit: 500
February 12, 2014, 12:11:26 AM
#73
It's been mid-high $600s all day. I'm still waiting for the real crash, one that lasts more than 5 seconds.

give it 12 hours I reckon, we will see 550, maybe less.

Highly unlikely. The "crash" has happened.

'highly unlikely' - where do you get your sources?
It is trending down, sorry.
there is only FUD to think about, russia bans, apple bans, mt Gox down, BTCe witdrawal problems, 'bug' in the system (there are ignorant people to believe this)..... etc... and there is no good news coming for a while either. give investors time to dwell on these.
last night all the happy go lucky speculators were cheering 'to the moon', obviously, the crash has not happened.
expect 350...... because you dont.

"Trending" is entirely dependent on your chosen timeframe. The bitstamp price has been trending nicely up the last 12 hrs.

Apple ban - nobody cared. Everyone already knew Apple didn't take bitcoin products. No idea what the minor fuss was about.
Russian ban - totally expected. Russians, like Chinese, want to control their people. Bitcoin was never going to happen in Russia. About as likely as taking off in North Korea.
Gox down - good. Hope it stays down
Withdrawal issues - will be fully sorted in next couple of days (except Gox which is a disgrace).

You believe there will be a big crash. I don't. We will have to agree to disagree. No need to get excited about it.

well obviously the trend Im talking about is based on a few weeks. 500 is certainly in striking range in the next couple of days.
you have me given the correct explanation of why these factors are all FUD, but Fear, uncertainty and doubt they certainly are.
if you wanna talk about longer term uptrends, Im with you on that subject.
if you look at the chart, you can see we are threatening 550....


The problem with chart reading is its a bit like reading tealeaves. Get 10 "experts" to draw triangles on charts and you get 10 different "readings". The only chart threatening 550 is the Gox one and I really don't give a rat's arse about what the Gox chart shows these days.

You might be right of course. People may be overcome with FUD flu in the next days, and the price plummet. But most bitcoiners have seen this all before and STAY CALM.
full member
Activity: 216
Merit: 100
RicePicker
February 12, 2014, 12:07:58 AM
#72
It's been mid-high $600s all day. I'm still waiting for the real crash, one that lasts more than 5 seconds.

give it 12 hours I reckon, we will see 550, maybe less.

Highly unlikely. The "crash" has happened.

'highly unlikely' - where do you get your sources?
It is trending down, sorry.
there is only FUD to think about, russia bans, apple bans, mt Gox down, BTCe witdrawal problems, 'bug' in the system (there are ignorant people to believe this)..... etc... and there is no good news coming for a while either. give investors time to dwell on these.
last night all the happy go lucky speculators were cheering 'to the moon', obviously, the crash has not happened.
expect 350...... because you dont.

"Trending" is entirely dependent on your chosen timeframe. The bitstamp price has been trending nicely up the last 12 hrs.

Apple ban - nobody cared. Everyone already knew Apple didn't take bitcoin products. No idea what the minor fuss was about.
Russian ban - totally expected. Russians, like Chinese, want to control their people. Bitcoin was never going to happen in Russia. About as likely as taking off in North Korea.
Gox down - good. Hope it stays down
Withdrawal issues - will be fully sorted in next couple of days (except Gox which is a disgrace).

You believe there will be a big crash. I don't. We will have to agree to disagree. No need to get excited about it.

So why should Bitcoins be valued at its current price when 40% of the mobile market not be able to buy anything using their phones? When the government of a 1/3 of the worlds population not support Bitcoins growth. There does not exist a dedicated Bitcoin exchange that technically deals with the US government when 90% of Bitcoin business are located in America. I want Bitcoins to grow, but it is still lacking in so many ways and just because the price is at a ridiculous value doesn't mean that. Look how easily exchanges are bound to fail with simple government intervention or FUD panic...    
hero member
Activity: 1470
Merit: 504
February 12, 2014, 12:06:12 AM
#71
It's been mid-high $600s all day. I'm still waiting for the real crash, one that lasts more than 5 seconds.

give it 12 hours I reckon, we will see 550, maybe less.

Highly unlikely. The "crash" has happened.

'highly unlikely' - where do you get your sources?
It is trending down, sorry.
there is only FUD to think about, russia bans, apple bans, mt Gox down, BTCe witdrawal problems, 'bug' in the system (there are ignorant people to believe this)..... etc... and there is no good news coming for a while either. give investors time to dwell on these.
last night all the happy go lucky speculators were cheering 'to the moon', obviously, the crash has not happened.
expect 350...... because you dont.

"Trending" is entirely dependent on your chosen timeframe. The bitstamp price has been trending nicely up the last 12 hrs.

Apple ban - nobody cared. Everyone already knew Apple didn't take bitcoin products. No idea what the minor fuss was about.
Russian ban - totally expected. Russians, like Chinese, want to control their people. Bitcoin was never going to happen in Russia. About as likely as taking off in North Korea.
Gox down - good. Hope it stays down
Withdrawal issues - will be fully sorted in next couple of days (except Gox which is a disgrace).

You believe there will be a big crash. I don't. We will have to agree to disagree. No need to get excited about it.

I think it's going to be very telling once bitstamp enables BTC withdrawals. I wonder what Gox will do?

Once people realize they've been royally Goxxed and Gox no longer has an excuse that carries half a drop of water it's going to be very interesting indeed...
legendary
Activity: 924
Merit: 1001
February 12, 2014, 12:01:38 AM
#70
It's been mid-high $600s all day. I'm still waiting for the real crash, one that lasts more than 5 seconds.

give it 12 hours I reckon, we will see 550, maybe less.

Highly unlikely. The "crash" has happened.

'highly unlikely' - where do you get your sources?
It is trending down, sorry.
there is only FUD to think about, russia bans, apple bans, mt Gox down, BTCe witdrawal problems, 'bug' in the system (there are ignorant people to believe this)..... etc... and there is no good news coming for a while either. give investors time to dwell on these.
last night all the happy go lucky speculators were cheering 'to the moon', obviously, the crash has not happened.
expect 350...... because you dont.

"Trending" is entirely dependent on your chosen timeframe. The bitstamp price has been trending nicely up the last 12 hrs.

Apple ban - nobody cared. Everyone already knew Apple didn't take bitcoin products. No idea what the minor fuss was about.
Russian ban - totally expected. Russians, like Chinese, want to control their people. Bitcoin was never going to happen in Russia. About as likely as taking off in North Korea.
Gox down - good. Hope it stays down
Withdrawal issues - will be fully sorted in next couple of days (except Gox which is a disgrace).

You believe there will be a big crash. I don't. We will have to agree to disagree. No need to get excited about it.

well obviously the trend Im talking about is based on a few weeks. 500 is certainly in striking range in the next couple of days.
you have me given the correct explanation of why these factors are all FUD, but Fear, uncertainty and doubt they certainly are.
if you wanna talk about longer term uptrends, Im with you on that subject.
if you look at the chart, you can see we are threatening 550....
hero member
Activity: 518
Merit: 500
February 11, 2014, 11:57:40 PM
#69
It's been mid-high $600s all day. I'm still waiting for the real crash, one that lasts more than 5 seconds.

give it 12 hours I reckon, we will see 550, maybe less.

Highly unlikely. The "crash" has happened.

'highly unlikely' - where do you get your sources?
It is trending down, sorry.
there is only FUD to think about, russia bans, apple bans, mt Gox down, BTCe witdrawal problems, 'bug' in the system (there are ignorant people to believe this)..... etc... and there is no good news coming for a while either. give investors time to dwell on these.
last night all the happy go lucky speculators were cheering 'to the moon', obviously, the crash has not happened.
expect 350...... because you dont.

"Trending" is entirely dependent on your chosen timeframe. The bitstamp price has been trending nicely up the last 12 hrs.

Apple ban - nobody cared. Everyone already knew Apple didn't take bitcoin products. No idea what the minor fuss was about.
Russian ban - totally expected. Russians, like Chinese, want to control their people. Bitcoin was never going to happen in Russia. About as likely as taking off in North Korea.
Gox down - good. Hope it stays down
Withdrawal issues - will be fully sorted in next couple of days (except Gox which is a disgrace).

You believe there will be a big crash. I don't. We will have to agree to disagree. No need to get excited about it.
newbie
Activity: 5
Merit: 0
February 11, 2014, 11:56:49 PM
#68
I have heard rumors that COINBASE is on its way to freezing transactions soon along with other exchanges.. driving down the price to under $150 dollars per BTC.....  Shocked

So if this happens I will stock up on BTC

Umm, lemme guess, the rumor you're talking about came from the thread started by a well known troll and is only a couple of threads away from yours? 

who?
legendary
Activity: 1834
Merit: 1019
February 11, 2014, 11:52:34 PM
#67
a trend is a trend til it's broken :p

and in semi-related news
We already block most forms which can be blocked, this was a change in bitcoin 0.8 (that was, in fact, causing withdraws delays for mtgox because they produced transactions with invalid encoding).

The recent flood of transactions use a pushdata change. A patch to block it was written in September 2013, but didn't make it into the codebase until today. If your node is running git bitcoin, just update and you'll have it.


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