Topic: Permabull Party Thread - page 3. (Read 11420 times)

That seems like a huge blanket generalization which obviously can't be true.  Every. Other. Market. Ever???

Surely there are and have been markets with movements other than "huge".  I hope you're not correct that the only think that can happen is large speculative bubbles.

so.... you guarantee i'm gonna be rich?

Like I posted on another thread, if this is WAVE II that is ending, then the top of WAVE III will be at around $120k/Bitcoin. If this comes to pass, there will be a transfer of wealth into Bitcoin the likes of which humanity has never experienced. As technological development advances,  and hits the proverbial knee of the curve in the 2030's, the purchasing power of a Bitcoin will rise to heights unimagined - Probably on the order of tens or hundreds of millions of dollars in today's money. Even 1 Billion USD/Bitcoin in purchasing power (and beyond) are possible. The value of Bitcoin will represent the future growth projections of the Human/Machine civilization which will be rapidly expanding into virtual worlds and virtual economies as large as those we see today from G1 nations.  

That is how markets work--huge ride up, then downward correction. Or, huge ride down, upward correction. Bitcoin's growth will be dominated by speculative bubbles just like every other market, ever.

Maybe the meaning of "bubble" has some special connotation in the speculation section of bitcointalk.  But if I understand bubble correctly then I wouldn't be wanting another bubble if I'm a permabull.  The bubble implies that things are overvalued and they'll have to correct again soon.  What I'd like to see is not "another bubble" but a steady and real valuation of bitcoin at a higher price. I definitely don't want another ride to a huge price and then a crash, that causes more harm than good, in my opinion.

You are right!
I am a perma bull, but I must say, I am so afraid of being hopeful now... :/

I wish I could have a magic ball and peek into two months from now!

We are going to be soooooooo rich.

We are green 4 weeks in a row. That hasn't happened since the last bubble in 2013, so it's been 1.5 years! First time ever in that period of time we are in green 4 weeks in a row. The winkelsweeds are silent because they have actually completed their ETF and exchange and now they are waiting for the media attention directed towards bitcoin which will soon happen due to the beginning of the next bubble. When that happens, the twins will announce their ETF and amplify the bubble even more. All critical events will happen at the same time when it is the most critical time for the critical events to happen.

how on earth did i miss this thread completely ?

great one, xdan

i might add that this ending down trend has been brutal sometimes. i went all in in the summer of 2013 and by the end of november of that year i thought i was a smart smart fucker. and did not sell any. and laughed at those who did.

being overexposed was sometimes a bit nasty.
 
now that this downtrend could be over i will try to look at it as mr mujica looked back at his 13 year imprisonment.  he said it was helpful to form his character.


resurrect the btc1k party thread...  hm..      let´s see...  

meh, I think we need a few weeks of steady rises before we can really get excited... we've been kicked in the face too often.

I also wonder if much can happen until some schedule for solving the blocksize drama is sorted out. Though perhaps most people aren't even aware of it.

Yes, the beginning of the middle of the beginning has begun!

last chance to buy under $300. I'm seriously , you guys.

Is it a good time to resurrect this old thread? Finex keeps hitting new highs all day. I haven't seen this much positive movement in a while.
Party time!!!!

The future hasn't happened yet, Mr TrollinU

@americanpegasus

Sorry, while I agree bitcoin has potential, and could eventually be worth 5 or even 6 digits, you can hardly call yourself a "rational observer" lol... just look at some of your other posts/threads.

And for sure I'll care whether I got in at 280 or 220 when bitcoin is 21000. It's the difference between a 9500%+ gain vs 7500% gain. That's quite a difference.

Bitcoin wins.  Period.
 
It is the ideal solution to a very complicated n-person game theory problem.  It perfectly balances human greed vs. growth, and as I have said before: is the equivalent of a financial virus that is destined to take over the world. 
 
Worrying about bitcoin at $220 vs. $280 will seem absurd in the future when the bit reaches US cent parity and bitcoins are worth $21,000 each. 
 
This topic will be hundreds of pages long, and people will refer back to this comment and laugh and say, "Holy shit, that guy was right!" and it is obvious in retrospect as it should be obvious in reverse-retrospect (FUTURESPECT)  . 
 
Bitcoin is about $200.  The day will come with it will be $2000, and $20,000, and yes... $200,000 and $2M.  It's all a matter of time and rate.  I can't predict that....  all I know is that the limit of this function, starting at zero is one.  And one is total global domination. 
 
I'm not a perma-bull. 
 
I'm a rational observer of one of the greatest triumphs of mathematics in the history of our civilization. 
 
And it should be just as obvious to you what will happen.  Let the plebs argue about whether numbers on a computer are worth absurd amounts of value.  We know the truth. 
 
That's right fuckers.  It's April 14th, 2015!  Bitcoins cost $220 each... that's a million bits in future speak.  That's two-hundredths of a cent per bit... that means that every U.S. cent will buy you about 45 bits, and every dollar buys about 4,545 bits.... that's crazy to think about, huh? 
 
4,500 bits for a single U.S. dollar.  I'll bet you wish you could come back to now, knowing what you know now, huh? 
 
But don't be mistaken.  The atmosphere now at the bottom of this latest crash is toxic as hell.  Paid trolls and bears are everywhere.  Anyone who buys bitcoin is shunned and ridiculed... it's not a celebration: far from it.  And yet, some of us know. 
 
Some of us can see through the FUD to what will happen. 
 
Look me up.  I'll probably be throwing some pretty kick ass parties by now.

All instances of 'Bitcoin' can be replaced with 'silver futurists' in your statement, and would hold 100% true.  Identical cult reasoning/psychology.

This is one dull party atmosphere...

Woohoo, bitcoin is on sale!! permabull rage buy dance!