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Topic: November is the new August (Read 2147 times)

full member
Activity: 167
Merit: 100
August 01, 2014, 12:48:12 PM
#23
Crossing 600 seems like a big event for some people here.

The rally is quick from around 580 to 605, something must have happen.
legendary
Activity: 1904
Merit: 1002
August 01, 2014, 12:01:50 PM
#22
Im not really sure about what you expect off the Argentina's defautl thing. People is poor and can barely go from month to month, they don't give a shit about Bitcoin, they just want the basic needs, that you need first covered to even consider giving a shit about Bitcoin.
The people that would benefit from Bitcoin is the small amount of people that have any relevant amount of money that they want to hide in Bitcoin before they steal all of their shit.

Do you mean a need like the ability to store value without having your purchasing power eroded by hyperinflation.  Because that's exactly why nobody can get ahead.  Fiat gives government the power to rob the populace to pay for their mistakes.  Bitcoin takes this power away.
sr. member
Activity: 322
Merit: 250
August 01, 2014, 11:32:14 AM
#21
Im not really sure about what you expect off the Argentina's defautl thing. People is poor and can barely go from month to month, they don't give a shit about Bitcoin, they just want the basic needs, that you need first covered to even consider giving a shit about Bitcoin.
The people that would benefit from Bitcoin is the small amount of people that have any relevant amount of money that they want to hide in Bitcoin before they steal all of their shit.
legendary
Activity: 1064
Merit: 1001
August 01, 2014, 11:18:17 AM
#20
This is a special day for me and I'd like to wish you all many many bitcoins and health. Cheers.
legendary
Activity: 1145
Merit: 1001
August 01, 2014, 11:12:26 AM
#19
I've started a new poll where I will collect all the predictions for the next bubble start:

https://bitcointalksearch.org/topic/when-will-the-next-bubble-start-720535
full member
Activity: 315
Merit: 103
August 01, 2014, 10:41:12 AM
#18
Defaults are starting to sound like they are going to happen in many places.. HODL ON TO YOUR BITCOINS BOYS AND GIRLS this shits about to get rocky.

Yeah.

Bitcoin is a good way to sneak money out of country unnoticed.
hero member
Activity: 496
Merit: 500
Spanish Bitcoin trader
August 01, 2014, 10:30:25 AM
#17

Then the world economy will turn shitty. Nobody would really care about bitocin for a while.

What is that?
The cure for ebola, of course.
legendary
Activity: 1722
Merit: 1000
August 01, 2014, 08:15:48 AM
#16
Defaults are starting to sound like they are going to happen in many places.. HODL ON TO YOUR BITCOINS BOYS AND GIRLS this shits about to get rocky.
sr. member
Activity: 364
Merit: 250
July 31, 2014, 07:21:26 PM
#15
So, everyone has pretty much given up on any kind of rally creating a new ATH within the next couple weeks, right?

hero member
Activity: 686
Merit: 500
A pumpkin mines 27 hours a night
July 31, 2014, 06:25:45 PM
#14
there is going to be butterfly-effects

I highly doubt anything that has the name 'butterfly' in it's name is a bad thing when it comes to the Bitcoin world. We might want to find another name for that effect Wink
legendary
Activity: 2492
Merit: 1473
LEALANA Bitcoin Grim Reaper
July 31, 2014, 06:13:33 PM
#13
Remember the people that said "bubble" in July? They moved to August when July ended. Now they think November will bring price increase. Somehow, all good news moved price down it seems. Argentina just defaulted, big economic event in the world. Also ebola made more casualties this year than in the last 25 years. If they fail to contain the virus, we'll see polynomial growth of victim numbers and the world could be devastated as no cure exists for ebola.

Then the world economy will turn shitty. Nobody would really care about bitocin for a while.

What is that?

August it seems is a bullish month. Any financial turmoitl in the world to ensue...and you best believe "Bitocin" will rocket up!!!  Cheesy Cheesy Cheesy
member
Activity: 98
Merit: 10
July 31, 2014, 05:17:45 PM
#12
there is going to be butterfly-effects
full member
Activity: 210
Merit: 100
July 31, 2014, 01:37:48 PM
#11
noob question: is this delay normal?

Well, to be honest... No one knows if there even will be a bubble. I mean, you can't expect a bubble to occur every 10 months or so. If everyone could be sure that a bubble was coming, they'd invest a lot more money.
member
Activity: 79
Merit: 10
July 31, 2014, 12:56:06 PM
#10
noob question: is this delay normal?
full member
Activity: 315
Merit: 103
July 31, 2014, 08:42:48 AM
#9
This month will be just as quiet as last month as all news, both negative and positive are already out.
newbie
Activity: 14
Merit: 0
July 31, 2014, 08:38:12 AM
#8
How can a bubble be "scheduled"?  I mean what was the basis for a july/august bubble in the first place?

Yeah, I mean... Give me a break, will you? It's hard getting up again!
hero member
Activity: 504
Merit: 500
July 31, 2014, 08:17:02 AM
#7
How can a bubble be "scheduled"?  I mean what was the basis for a july/august bubble in the first place?
full member
Activity: 210
Merit: 100
July 31, 2014, 06:49:58 AM
#6
I thought initially that the thread title implied that the Bubble would now be scheduled for November instead of August Wink We'll see.
To be honest, I don't think Ebola is a threat for Bitcoin, there's not much money flowing around in those areas. Even worse, it is a threat for people. We should give a damn about BTC and the potential growth there, as long as there are people dying! That's vastly more important!
legendary
Activity: 1806
Merit: 1024
July 31, 2014, 06:42:26 AM
#5
Remember the people that said "bubble" in July? They moved to August when July ended. Now they think November will bring price increase. Somehow, all good news moved price down it seems. Argentina just defaulted, big economic event in the world. Also ebola made more casualties this year than in the last 25 years. If they fail to contain the virus, we'll see polynomial growth of victim numbers and the world could be devastated as no cure exists for ebola.

Then the world economy will turn shitty. Nobody would really care about bitocin for a while.

Neither Argentina default nor ebola will have any effect on bitcoin. These are totally baseless speculations that lack rational thinking.

If world economy will turn shitty, why would nobody really care about bitcoin? In fact I think people are more likely to experiment with alternative solutions if the current economic order breaks apart.

ya.ya.yo!
hero member
Activity: 756
Merit: 506
July 31, 2014, 06:35:09 AM
#4
Argentina is all indifference.  Argentina is the only country in the world, as far as I know, that has a "Museum of Debt", an entire museum on the Argentines bailing from their debt obligations going all the way back to the colonial era... ironically, the Museum itself incurred a debt issue and the owner had to sell!   Cheesy

http://en.wikipedia.org/wiki/Museum_of_Foreign_Debt

News that would be positive would maybe be Russia or India doing a 180 on Bitcoin policy
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