This forum is not an indicator for the real sentiment anymore.

ensurance982

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Quote from: redsn0w on April 25, 2015, 12:17:10 PM

Come on guys, only ~6 years old... we should have a little more patience (at least wait the next halving). Where is the enthusiasm Grin

? Remember the future is ... decentralised (and I think one day it will created a new 'money concept' much better than bitcoin itself).

I guess a lot of the people that are around now only joined the party during the last bubble of 2013. They were hoping for a very quick and very big buck, and are still quire disappointed that their hopes didn't materialize. I also believe that a fair amount of young people is involved in this and they lack patience!

LFC_Bitcoin

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If we get the following approvals/regulations in the next 12-18 months it's impossible for the price to stagnate at what it is.

Winklevoss COIN ETF
NY Bitlicense
Gemini Exchange
BIT Exchange

Then you have the summer 2016 halving plus gradual adoption as we go on.
The current price range is about as low as it will get.
The doubters will not keep us down for much longer.

WE GO TO THE MOON BITCOINERS

gentlemand

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Quote from: inca on April 25, 2015, 06:41:07 AM

Hyperbole much?

All it takes to bring new users and further adoption to btc is a rising price. If you don't think this bear market hasnt been engineered by a small number of heavy speculators then you are unlikely to see the next spark until the price unexpectedly breaks the downtrend line in the coming three months (on massive volume, ostensibly linked to some newsflow).

I agree completely. There isn't enough real world adoption to get anywhere near denting, crushing or ignoring blatant market plays. That's what we really need to start seeing.

Chef Ramsay

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Quote from: inca on April 25, 2015, 06:41:07 AM

Quote from: gentlemand on April 25, 2015, 05:54:10 AM

If this is maturity then gawd help us. I think 'dead' is a more appropriate piece of terminology to use.

It's not being used by 'real' people in anything but piffling numbers and the speculators have probably been reduced to a bunch of die hards who'll never leave.

That's not a platform for healthy growth. It would be better to fall further and to be discovered by a new wave of genuine humans.

Hyperbole much?

All it takes to bring new users and further adoption to btc is a rising price. If you don't think this bear market hasnt been engineered by a small number of heavy speculators then you are unlikely to see the next spark until the price unexpectedly breaks the downtrend line in the coming three months (on massive volume, ostensibly linked to some newsflow).

The same lemmings that are short selling bitcoin now (and who don't get burnt in the turn) will buy the price back up with the same vigour they are selling it.

Totally, not only engineered this crapshoot of a market but keeps extending it til their ready to go boom. Patience is a virtue for those that hold and keep adding and will be handsomely rewarded for doing so.

Shatoshi

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How do you define stable?

minerpumpkin

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Quote from: 8up on April 25, 2015, 03:30:36 AM

...
we could establish a very long sidewards movement, which could easily take more than one year from where we are now. This will greatly help the bitcoin ecosystem to flourish more and more as a payment system (cash in vs. cash out in balance + newly mined coins absorbed). It would be very daunting for get rich quick bulls. It will be boring for shorters and traders will call bitcoin a fad because of the lacking volaitility (we already see this now!).
...

The great thing about this scenario really is that it would mostly affect the people profiting from wild price swings and pure speculation. Especially the shorters, and of course also longs, on leverage will get hurt badly by this. They have to pay interest for their borrowed money and it's only a question of time before they have to close their positions. With shorts being at a record high, this would be a good thing for the bulls.

Spaceman_Spiff

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Quote from: 8up on April 25, 2015, 03:30:36 AM

I find it kind of fascinating, that almost all great forecasters I have great respect for see a continuing downtrend. Knowing, that they have a big number of interested followers. I am quite sure, we have seen the low of this bearmarekt already in january.
This, my beloved bullfriends does not mean we are seeing any bubbles soon. I kind of agree with master luc, that we could establish a very long sidewards movement, which could easily take more than one year from where we are now. This will greatly help the bitcoin ecosystem to flourish more and more as a payment system (cash in vs. cash out in balance + newly mined coins absorbed). It would be very daunting for get rich quick bulls. It will be boring for shorters.
Happy boring markets! Grin

tl:dr; no price action for at least one more year. bitcoin becomes useful for users and boring for speculators.

Agreed. Here's hoping that in the mean time, outstanding core issues get consensus (scaling, sidechains, lightning network etc.) and goverment regulation proves to be workable in a decent portion of the world (while BTC businesses mature).
If that's the case, I'll be mightily bullish.

redsn0w

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#Free market

Come on guys, only ~6 years old... we should have a little more patience (at least wait the next halving). Where is the enthusiasm Grin

? Remember the future is ... decentralised (and I think one day it will created a new 'money concept' much better than bitcoin itself).

cellard

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There's no such thing as "real sentiment" when the sample is the 1% of the population that is aware of Bitcoin at any relevant level.
It's like judging the internet's potential in 1995 when only the nerds hyped it out and the normies made fun of it (only to find out 20 years later every one and their mother is using it).

tokeweed

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Quote from: inca on April 25, 2015, 06:41:07 AM

Quote from: gentlemand on April 25, 2015, 05:54:10 AM

If this is maturity then gawd help us. I think 'dead' is a more appropriate piece of terminology to use.

It's not being used by 'real' people in anything but piffling numbers and the speculators have probably been reduced to a bunch of die hards who'll never leave.

That's not a platform for healthy growth. It would be better to fall further and to be discovered by a new wave of genuine humans.

Hyperbole much?

All it takes to bring new users and further adoption to btc is a rising price. If you don't think this bear market hasnt been engineered by a small number of heavy speculators then you are unlikely to see the next spark until the price unexpectedly breaks the downtrend line in the coming three months (on massive volume, ostensibly linked to some newsflow).

Good post.

inca

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Quote from: gentlemand on April 25, 2015, 05:54:10 AM

If this is maturity then gawd help us. I think 'dead' is a more appropriate piece of terminology to use.

It's not being used by 'real' people in anything but piffling numbers and the speculators have probably been reduced to a bunch of die hards who'll never leave.

That's not a platform for healthy growth. It would be better to fall further and to be discovered by a new wave of genuine humans.

Hyperbole much?

All it takes to bring new users and further adoption to btc is a rising price. If you don't think this bear market hasnt been engineered by a small number of heavy speculators then you are unlikely to see the next spark until the price unexpectedly breaks the downtrend line in the coming three months (on massive volume, ostensibly linked to some newsflow).

The same lemmings that are short selling bitcoin now (and who don't get burnt in the turn) will buy the price back up with the same vigour they are selling it.

tokeweed

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Quote from: gentlemand on April 25, 2015, 05:54:10 AM

If this is maturity then gawd help us. I think 'dead' is a more appropriate piece of terminology to use.

It's not being used by 'real' people in anything but piffling numbers and the speculators have probably been reduced to a bunch of die hards who'll never leave.

That's not a platform for healthy growth. It would be better to fall further and to be discovered by a new wave of genuine humans.

We are Bitcoiners!

gentlemand

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If this is maturity then gawd help us. I think 'dead' is a more appropriate piece of terminology to use.

It's not being used by 'real' people in anything but piffling numbers and the speculators have probably been reduced to a bunch of die hards who'll never leave.

That's not a platform for healthy growth. It would be better to fall further and to be discovered by a new wave of genuine humans.

twister

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Quote from: tokeweed on April 25, 2015, 03:49:12 AM

Do not listen to this guy! I repeat, DO NOT LISTEN! We are Bitcoiners!!!

LOL
Can't listen to anything. I'll just go buy some more Bitcoins. Cheesy

tokeweed

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Quote from: Q7 on April 25, 2015, 04:06:32 AM

I'm more than happy if we leave out the speculators. They are there just to make money and whether bitcoin succeeds or fails is of no concern to them. So never mind if it's a boring year. Seeing the price going up and going down only gives us all the false hope and when it finally stabilizes, that is when we should see businesses adopting it and seeing it as a stable payment system. That is really what we need.

Yes again! And if the businesses come in, it's a good time to buy bitcoins. So let's buy now before the businesses come in while it's cheap! This is the bottom. Do not listen to OP!

Q7

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I'm more than happy if we leave out the speculators. They are there just to make money and whether bitcoin succeeds or fails is of no concern to them. So never mind if it's a boring year. Seeing the price going up and going down only gives us all the false hope and when it finally stabilizes, that is when we should see businesses adopting it and seeing it as a stable payment system. That is really what we need.

tokeweed

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Quote from: Amph on April 25, 2015, 03:56:38 AM

no price action is good for restoring faith(partially at least) in average people, that want simply use bitcoin to buy stuff, bu at the same time a newbie that look in this section, will be worried about all those troll predicting the dead or the fall to double digits of bitcoin

Yes. I agree with Amph! Do not listen to OP. Keep buying Bitcoins, this is the bottom.

Amph

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no price action is good for restoring faith(partially at least) in average people, that want simply use bitcoin to buy stuff, bu at the same time a newbie that look in this section, will be worried about all those troll predicting the death or the fall to double digits of bitcoin

tokeweed

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Quote from: 8up on April 25, 2015, 03:30:36 AM

All of us love to play bull or bear games. I am intrigued by it myself. Nevertheless, the market has matured.

If bulls are talking "bullstalk" in here it doesn't matter besides bears in this forum feel reinforced, that the dowtrend will prolong. I think this is a fallacy.

I find it kind of fascinating, that almost all great forecasters I have great respect for see a continuing downtrend. Knowing, that they have a big number of interested followers. I am quite sure, we have seen the low of this bearmarekt already in january.

This, my beloved bullfriends does not mean we are seeing any bubbles soon. I kind of agree with master luc, that we could establish a very long sidewards movement, which could easily take more than one year from where we are now. This will greatly help the bitcoin ecosystem to flourish more and more as a payment system (cash in vs. cash out in balance + newly mined coins absorbed). It would be very daunting for get rich quick bulls. It will be boring for shorters and traders will call bitcoin a fad because of the lacking volaitility (we already see this now!).

For the bullunatics, it might be even harder to see bitcoin going sidewards for such a long time (with no indication, that it could rise ever again), than hoping for the break of the downtrend and an immediate bubble.

Happy boring markets! Grin

tl:dr; no price action for at least one more year. bitcoin becomes useful for users and boring for speculators.

Do not listen to this guy! I repeat, DO NOT LISTEN! We are Bitcoiners!!!

8up

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All of us love to play bull or bear games. I am intrigued by it myself. Nevertheless, the market has matured.

If bulls are talking "bullstalk" in here it doesn't matter besides bears in this forum feel reinforced, that the dowtrend will prolong. I think this is a fallacy.

I find it kind of fascinating, that almost all great forecasters I have great respect for see a continuing downtrend. Knowing, that they have a big number of interested followers. I am quite sure, we have seen the low of this bearmarekt already in january.

This, my beloved bullfriends does not mean we are seeing any bubbles soon. I kind of agree with master luc, that we could establish a very long sidewards movement, which could easily take more than one year from where we are now. This will greatly help the bitcoin ecosystem to flourish more and more as a payment system (cash in vs. cash out in balance + newly mined coins absorbed). It would be very daunting for get rich quick bulls. It will be boring for shorters and traders will call bitcoin a fad because of the lacking volaitility (we already see this now!).

For the bullunatics, it might be even harder to see bitcoin going sidewards for such a long time (with no indication, that it could rise ever again), than hoping for the break of the downtrend and an immediate bubble.

Happy boring markets! Grin

tl:dr; no price action for at least one more year. bitcoin becomes useful for users and boring for speculators.

Topic: This forum is not an indicator for the real sentiment anymore. (Read 1162 times)