Author

Topic: New to the forum (Read 654 times)

newbie
Activity: 15
Merit: 0
April 30, 2013, 01:59:06 AM
#12
Since the original poster mentioned new/emerging betting sites, I thought I'd mention one - betoneurovision.com
newbie
Activity: 11
Merit: 0
April 17, 2013, 12:33:46 AM
#11
I lost about 50% value on my BTC last week, really crummy
newbie
Activity: 8
Merit: 0
April 17, 2013, 12:32:25 AM
#10
I just want to ask my pool owner something, and I know he's on this forum. Don't mind me, just bumping the post count. (This is what I get for lurking, I suppose)
member
Activity: 60
Merit: 10
April 17, 2013, 12:03:40 AM
#9
Nice blog... yeah, I don't think anyone can really predict the bottom.
Hopefully 60 holds like you think it will.

I've done some TA too, MACD, MA analysis, etc
Definitely useful for looking at the past, but haven't been able to predict the future with it

The problem with BTC imo is that the "fundamentals" are terrible at this point, it's oversold and the value is highly speculative
I guess we're all trying to time the next bubble but this whole thing is a house of cards at this price level imo, even at this new "bottom"



What are fundamentals with BTC?

I'd argue that the only fundamentals that matter are merchant acceptance levels, and those are tiny.

So, hard to disagree. Very much a house of cards presently.

The bright side to me is the smart VCs entering the game (Andreesen Horowitz, Tim Draper, Lightspeed, etc). These guys have the money, the connections and the cultural clout within the tech startup community (where payments startups like Paypal and Square began) to substantially move the needle. Bitcoin needs a professional sales force going out and signing up merchants on the back of a very slick payments infrastructure, among many other things, and one thing VC money can fund effectively is that.
sr. member
Activity: 350
Merit: 250
April 16, 2013, 11:56:56 PM
#8
I'd say the bottom is between $30 and $45.
newbie
Activity: 6
Merit: 0
April 16, 2013, 11:43:48 PM
#7
Nice blog... yeah, I don't think anyone can really predict the bottom.
Hopefully 60 holds like you think it will.

I've done some TA too, MACD, MA analysis, etc
Definitely useful for looking at the past, but haven't been able to predict the future with it

The problem with BTC imo is that the "fundamentals" are terrible at this point, it's oversold and the value is highly speculative
I guess we're all trying to time the next bubble but this whole thing is a house of cards at this price level imo, even at this new "bottom"

jr. member
Activity: 52
Merit: 1
April 16, 2013, 10:47:35 PM
#6
this is all so fascinating  Shocked
newbie
Activity: 49
Merit: 0
April 16, 2013, 05:31:46 PM
#5
I too am new to the forum, I hope to learn much from this fascinating world of bitcoin.
newbie
Activity: 20
Merit: 10
April 16, 2013, 05:25:40 PM
#4
Hi all,
Took forever to figure out why I couldn't post. Something should be entered in the help.

I agree, it should be emailed or written on the signup page. I had to use Google search to figure it out!
newbie
Activity: 10
Merit: 0
April 16, 2013, 04:53:49 PM
#3
I have been watching since the boom from $47 and up, and since the big crash it seems to go from around $70 down to $50 and then back up again....but we shall see - I really hope it finds a stable point as it is way better for everyone - but it is a very easily manipulated market by those that have tons of bitcoin
member
Activity: 70
Merit: 10
April 16, 2013, 04:34:36 PM
#2
Also took me 2 days to work out there could be a block on new accounts.

If more people looked at the chart rather than panic bought and sold they would get on better. I see a 7day downturn and the bounce at support level is to be expect but what was that support level based on? Nothing really, like so much on the BTC chart so IMO it's not a reliable level. I'm waiting for price to lead the way, currently still in a downtrend and I think it could go to $20.
legendary
Activity: 1498
Merit: 1000
April 16, 2013, 03:45:09 PM
#1
Hi all,
Took forever to figure out why I couldn't post. Something should be entered in the help.

As I speak, the price sits at 70. BTC has been trading very technically predictably. Support was hit again last night around $55.
/ for some thoughts before that dip yesterday. I'm happy with holding my small # of bitcoins for now.

Got into bitcoins to play at BTCSportsMatch.com. Moved on as I'm not happy with that site, but other great BTC betting sites have come up.

Will continue to trade and play with my BTC and since I have the information anyways, I will be launching BTCLines.com to provide the lines for all BTC sportsbooks.

Any feedback let me know! And bitcoins are a steal at anything below $55-60 IMO! Value right now is probably $60-70. Potential is huge.

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