News URL : https://twitter.com/barrysilbert/status/818583579915681794
Topic: The Bullish Bitcoin Media Center (The ONLY Bullish Bitcoin News Thread) - page 62. (Read 259656 times)
January 09, 2017, 07:23:22 PM
January 09, 2017, 07:22:52 PM
January 09, 2017, 07:21:53 PM
January 09, 2017, 07:18:47 PM
January 09, 2017, 07:17:51 PM
January 09, 2017, 07:13:22 PM
January 09, 2017, 07:05:36 PM
Fakhoury....how can a high price be seen soon without a bubble?
This confuses me.
Thanks my friend.
This confuses me.
Thanks my friend.
To go up brother, it can be done in two ways.
Either we go into bubble/bust (fast) or we go steady growth (slow).
There are people who prefer bubble/bust like Xapo CEO and others prefer steady growth like Vinny Lingham and me.
Although steady growth is slow, but it's guaranteed in terms of high prices and their stability.
That's it
N.B. : I'm trying to get my brother (afbitcoins) in the talking because used to learn from him and still learning, maybe he have something to add.
You are most welcome
I personally believe that slow and steady is not really possible (I mean it is possible like an outlier 1 in 1000), and the most likely scenario is lots of continued volatility. Bitcoin remains controversial, a relatively small market cap, a whole hell-of-a-lot of use cases, networking effects, disputes regarding it's value, and probably a lot more that causes bitcoin's price to be a recipe for ongoing volatility and continuous overshooting of actual objective value (to the extent that exists in a world of humans)
I meant around 2x-4x increase per year
Call me a nay sayer, but I really don't think that bitcoin works like that, and for the reasons that I already mentioned volatility is going to continue to be in our most likely near term future... whether that volatility is up down or sideways on average. There may be some years with really great growth and other years with mediocre growth. I don't think that you can really achieve steady, even if you are describing that as an exponential kind of steady that ranges between 2x to 4x.. It just seems like too unlikely of a scenario (even though it is in the realm of possibilities, it is like less than a 5% chance that something like that could play out, in my humble bumble opinion). Now on the other hand, 10 years down the road, we may describe an average that ends up being within the range that you describe, I doubt that the year to year performance is going to be anything steady and sure like that.
I won't ever never call you a Naysayer brother, although we don't agree much but you've from all love and respect and our PMs could witness on this
I agree with you that years we will have great growth and year won't, but in general, the trend is upwards.
I recommend you to watch Clif High video I've posted few days back to know where we are heading this year
January 09, 2017, 04:04:20 PM
Slow and steady probably the best.
To go up brother, it can be done in two ways.
Either we go into bubble/bust (fast) or we go steady growth (slow).
There are people who prefer bubble/bust like Xapo CEO and others prefer steady growth like Vinny Lingham and me.
Although steady growth is slow, but it's guaranteed in terms of high prices and their stability.
That's it
N.B. : I'm trying to get my brother (afbitcoins) in the talking because used to learn from him and still learning, maybe he have something to add.
You are most welcome
I personally believe that slow and steady is not really possible (I mean it is possible like an outlier 1 in 1000), and the most likely scenario is lots of continued volatility. Bitcoin remains controversial, a relatively small market cap, a whole hell-of-a-lot of use cases, networking effects, disputes regarding it's value, and probably a lot more that causes bitcoin's price to be a recipe for ongoing volatility and continuous overshooting of actual objective value (to the extent that exists in a world of humans)
I meant around 2x-4x increase per year
Call me a nay sayer, but I really don't think that bitcoin works like that, and for the reasons that I already mentioned volatility is going to continue to be in our most likely near term future... whether that volatility is up down or sideways on average. There may be some years with really great growth and other years with mediocre growth. I don't think that you can really achieve steady, even if you are describing that as an exponential kind of steady that ranges between 2x to 4x.. It just seems like too unlikely of a scenario (even though it is in the realm of possibilities, it is like less than a 5% chance that something like that could play out, in my humble bumble opinion). Now on the other hand, 10 years down the road, we may describe an average that ends up being within the range that you describe, I doubt that the year to year performance is going to be anything steady and sure like that.
Fakhoury....how can a high price be seen soon without a bubble?
This confuses me.
Thanks my friend.
This confuses me.
Thanks my friend.
To go up brother, it can be done in two ways.
Either we go into bubble/bust (fast) or we go steady growth (slow).
There are people who prefer bubble/bust like Xapo CEO and others prefer steady growth like Vinny Lingham and me.
Although steady growth is slow, but it's guaranteed in terms of high prices and their stability.
That's it
N.B. : I'm trying to get my brother (afbitcoins) in the talking because used to learn from him and still learning, maybe he have something to add.
You are most welcome
I personally believe that slow and steady is not really possible (I mean it is possible like an outlier 1 in 1000), and the most likely scenario is lots of continued volatility. Bitcoin remains controversial, a relatively small market cap, a whole hell-of-a-lot of use cases, networking effects, disputes regarding it's value, and probably a lot more that causes bitcoin's price to be a recipe for ongoing volatility and continuous overshooting of actual objective value (to the extent that exists in a world of humans)
I meant around 2x-4x increase per year
Call me a nay sayer, but I really don't think that bitcoin works like that, and for the reasons that I already mentioned volatility is going to continue to be in our most likely near term future... whether that volatility is up down or sideways on average. There may be some years with really great growth and other years with mediocre growth. I don't think that you can really achieve steady, even if you are describing that as an exponential kind of steady that ranges between 2x to 4x.. It just seems like too unlikely of a scenario (even though it is in the realm of possibilities, it is like less than a 5% chance that something like that could play out, in my humble bumble opinion). Now on the other hand, 10 years down the road, we may describe an average that ends up being within the range that you describe, I doubt that the year to year performance is going to be anything steady and sure like that.
It does not matter if slow and steady is the best or not. Markets just do not work like that, and especially bitcoin and especially if you look at bitcoin's history.
It is possible that once bitcoin starts approaching half a trillion dollar or a trillion dollar market cap, then there will become a lot less volatility because it becomes a lot more difficult to move the market with higher levels of capital that are required to be able to move the market. In the past 6 months, we have been bouncing around between an $8billion and $19billion market cap, depending on whether prices are up or down at the time, and we are not even close to having any kind of decent (less manipulative) level of market cap that would require at least a 20x increase in today's price, and more reasonably at least a 50x increase in today's price to start to reasonably expect less volatility.
So it does not really matter what you wish or prefer, there is quite a lot of incentive for rich folks to push bitcoin's price in one direction or the other and to make a lot of profits, and fairly easy to do with smaller market cap assets such as bitcoin (and there are other reasons to manipulate bitcoin - and cause volatility as well, including political reasons).
Part of my point is not to argue with your preferred future, but to assert that non-volatility is almost a pipe dream with a pretty low likelihood of taking place, and accordingly, it is better for any investors into bitcoin to have a mind-set that already recognizes the more likely scenarios rather than hoping for something that has a pretty low likelihood of occurring (even though it is in the realm of possibilities - extremely low). In other words, if you are hoping for the less likely scenario of no volatility, you are very likely to be disappointed (more than 95% likely... as I already mentioned..).
January 07, 2017, 09:30:44 PM
Fakhoury....how can a high price be seen soon without a bubble?
This confuses me.
Thanks my friend.
This confuses me.
Thanks my friend.
To go up brother, it can be done in two ways.
Either we go into bubble/bust (fast) or we go steady growth (slow).
There are people who prefer bubble/bust like Xapo CEO and others prefer steady growth like Vinny Lingham and me.
Although steady growth is slow, but it's guaranteed in terms of high prices and their stability.
That's it
N.B. : I'm trying to get my brother (afbitcoins) in the talking because used to learn from him and still learning, maybe he have something to add.
You are most welcome
I personally believe that slow and steady is not really possible (I mean it is possible like an outlier 1 in 1000), and the most likely scenario is lots of continued volatility. Bitcoin remains controversial, a relatively small market cap, a whole hell-of-a-lot of use cases, networking effects, disputes regarding it's value, and probably a lot more that causes bitcoin's price to be a recipe for ongoing volatility and continuous overshooting of actual objective value (to the extent that exists in a world of humans)
I meant around 2x-4x increase per year
Call me a nay sayer, but I really don't think that bitcoin works like that, and for the reasons that I already mentioned volatility is going to continue to be in our most likely near term future... whether that volatility is up down or sideways on average. There may be some years with really great growth and other years with mediocre growth. I don't think that you can really achieve steady, even if you are describing that as an exponential kind of steady that ranges between 2x to 4x.. It just seems like too unlikely of a scenario (even though it is in the realm of possibilities, it is like less than a 5% chance that something like that could play out, in my humble bumble opinion). Now on the other hand, 10 years down the road, we may describe an average that ends up being within the range that you describe, I doubt that the year to year performance is going to be anything steady and sure like that.
January 07, 2017, 03:05:10 PM
January 07, 2017, 03:01:46 PM
January 07, 2017, 02:59:34 PM
January 07, 2017, 02:48:44 PM
January 07, 2017, 02:38:18 PM
January 07, 2017, 02:31:45 PM
If this really happened I can see btc going to over 10K easy. All the greeks with their cash under their bed will come running to bitcoin. Normally it would have been gold but even gold is out. BTC is the new better gold.
It will happen, and Bitcoin will go to $10K, just give time some time
I totally agree with you, it's the information ERA, but if you want really to spark things up, then it must be well educated to have insane results.
THEN why hide behind a new user name?
Brother, I'm extremely sorry for what that thing wrote.
I've just seen this now.
I've deleted his shit and will always do, don't worry
Thank you sir. Appreciate it!
Anytime brother
funny how idiotic some of the people can be in the community.
you are talking to somebody who is in bitcoin porfolio from 2011 and calling me globalist? yes you did drugs, a lot.
people like you helping to spread stupidity about bitcoin to regular people
tinfoil on your head and disconnecting from powergrid will help you a bit
you are talking to somebody who is in bitcoin porfolio from 2011 and calling me globalist?
yes you did drugs, a lot.people like you helping to spread stupidity about bitcoin to regular people
tinfoil on your head and disconnecting from powergrid will help you a bit
THEN why hide behind a new user name?
Brother, I'm extremely sorry for what that thing wrote.
I've just seen this now.
I've deleted his shit and will always do, don't worry
Thank you sir. Appreciate it!
Anytime brother
My apologies for not posting here very much. I've been a VERY BUSY MAN lately.
I certainly agree with you about educating one's self with crypto. Not just Bitcoin. The more we understand a subject, the easier it is to explain it and inspire others. I haven't had time lately to educate myself to the point where Andreas is, for sure. hehe. He's bad ass !!!
I appreciate all you are doing here as well, Sir. I will continue to refer traders to your thread for ALL THE BULLISH NEWS. You too are BAD ASS, Sir. Keep it up !!!
Sincerely,
David
EDIT:
I'm MAINLY mining Alt Coins now. I still have 4 x ASIC's for bitcoin though. Which see: http://imgur.com/a/95Yfr
I've also been organizing my trading setup: Which see: http://imgur.com/a/IQ91K
No apologizes my dear brother, this is your home, you are most welcome anytime you want
I enjoyed the mini mining farm you've and the trade setup
News URL : https://cointelegraph.com/news/bitquant-founder-bitcoin-useless-for-dodging-china-capital-controls
I don't get how this article is bullish... It seems to suggest that bitcoin is helpless in getting money out of china...
Seems like mainstream FUD that denies both the power of bitcoin and the difficulties to crack down on it, even if there were a willpower to attempt to crack down on it.
Guess what will happen with Chinese will use Bitcoin to dodge the capital controls
happy to be the part of the
well reputated organisation
well reputated organisation
And I'm happy to see you Pratham Bhatia, welcome between your family my new bullish friend.
Fakhoury....how can a high price be seen soon without a bubble?
This confuses me.
Thanks my friend.
This confuses me.
Thanks my friend.
To go up brother, it can be done in two ways.
Either we go into bubble/bust (fast) or we go steady growth (slow).
There are people who prefer bubble/bust like Xapo CEO and others prefer steady growth like Vinny Lingham and me.
Although steady growth is slow, but it's guaranteed in terms of high prices and their stability.
That's it
N.B. : I'm trying to get my brother (afbitcoins) in the talking because used to learn from him and still learning, maybe he have something to add.
You are most welcome
I personally believe that slow and steady is not really possible (I mean it is possible like an outlier 1 in 1000), and the most likely scenario is lots of continued volatility. Bitcoin remains controversial, a relatively small market cap, a whole hell-of-a-lot of use cases, networking effects, disputes regarding it's value, and probably a lot more that causes bitcoin's price to be a recipe for ongoing volatility and continuous overshooting of actual objective value (to the extent that exists in a world of humans)
I meant around 2x-4x increase per year
January 06, 2017, 05:28:09 AM
News URL : https://cointelegraph.com/news/bitquant-founder-bitcoin-useless-for-dodging-china-capital-controls
I don't get how this article is bullish... It seems to suggest that bitcoin is helpless in getting money out of china...
Seems like mainstream FUD that denies both the power of bitcoin and the difficulties to crack down on it, even if there were a willpower to attempt to crack down on it.
Both alternative and mainstream media are epic fails in terms of covering things related to China. The capital control narrative was bullshit to begin with. As is the "CNY strengthening" narrative right now (the rise is insignificant to account for the drop in BTC).
Now, if you buy BTC to bypass CCs you only need them for a limited time as a vehicle. You buy here, dump there - you don't own many for any serious amount of time (accumulation will tend to increase price and also increase the amount of money you lose during the dump), thus the supply equilibrium is not seriously affected to create an increased price.
Plus the average Chinese citizen will never hit the 50k usd limit when CCs kick in. So who is affected really? Big guys. Big guys make their money from owning big businesses. China is an exporting country and one very easy way to get foreign currency while living in an exporting country, is to export stuff. You buy locally with national currency, export the stuff, get paid in $$$ in a foreign bank account and you are ok. Countries which have stuff to sell that the rest of the planet needs, have a very different experience of "capital controls" compared to countries that don't.
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