and money is limitless.
yawn.
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 21965. (Read 26608969 times)
April 18, 2015, 05:13:36 PM
April 18, 2015, 05:12:27 PM
Double digits seem outrageous right now, but there are many scenarios that could cause such a drop.
I think that is possible, if:
* The BIT fund fails to attract substantial new investment
* The COIN ETF is not approved, or its demand is limited too
* Usage for e-commerce does not explode
* There is no boom in new markets (India, Africa, Latin America)
* China abandons bitcoin completely
I am increasingly convinced that Chinese demand created both 2013 bubbles (not only the October-November one, but also the January-April one). Therefore, I would guess that, if China pulls out and nothing else takes its place, the price could return to the levels of late 2012, namely ~15 $/BTC.
The price may also drop significantly if there is some event that destroys confidence in the coin among the more technical users, such as a serious flaw in the algorithms or incentives, a wave of coin theft, new stifling regulation in the US and Europe, etc.
April 18, 2015, 05:07:19 PM
Shorts at all time high.
bullshit, ATH is at ~7.2 mil, right now at ~5.5 mil
http://bfxdata.com/sentiment/longshort.php
Yeah. But btc is limited.
April 18, 2015, 04:58:40 PM
Double digits seem outrageous right now, but there are many scenarios that could cause such a drop.
I think that is possible, if:
* The BIT fund fails to attract substantial new investment
* The COIN ETF is not approved, or its demand is limited too
* Usage for e-commerce does not explode
* There is no boom in new markets (India, Africa, Latin America)
* China abandons bitcoin completely
I am increasingly convinced that Chinese demand created both 2013 bubbles (not only the October-November one, but also the January-April one). Therefore, I would guess that, if China pulls out and nothing else takes its place, the price could return to the levels of late 2012, namely ~15 $/BTC.
The price may also drop significantly if there is some event that destroys confidence in the coin among the more technical users, such as a serious flaw in the algorithms or incentives, a wave of coin theft, new stifling regulation in the US and Europe, etc.
April 18, 2015, 04:58:40 PM
April 18, 2015, 04:57:21 PM
...........
A troll aimed at a Canadian audience? Are we waiting for Canadians to dump?
I missed what reflux might have said, but if you're trying to troll Canadians and your post isn't "hockey sucks and Tim Horton's tastes like crap!" then you're doing it wrong.
April 18, 2015, 04:41:38 PM
More boring sideways action I see.
I feel starved of any positive action lately.
I feel starved of any positive action lately.
April 18, 2015, 04:38:10 PM
Anyone catch the live stream of Balaji Srinivasan of 21 speaking at the job fair? I missed it and am curious if he divulged any info on their game plan.
I tried, but the background sound is spoiling it. If you want to see/listen, you can just rewind from the live stream.https://www.youtube.com/watch?v=H81S3wTWchA&feature=youtu.be
April 18, 2015, 04:35:46 PM
Shorts at all time high.
bullshit, ATH is at ~7.2 mil, right now at ~5.5 mil
http://bfxdata.com/sentiment/longshort.php
You don't count shorted bitcoin in dollar terms lol. Fiat in fiat, coins in coins.
April 18, 2015, 04:31:56 PM
Anyone catch the live stream of Balaji Srinivasan of 21 speaking at the job fair? I missed it and am curious if he divulged any info on their game plan.
April 18, 2015, 04:27:41 PM
Fiat cannons loaded. Someone bring us under $200 please
Buy as fast as you can. Maybe a lot happens on sunday/monday...what exactly ,for example ?
April 18, 2015, 04:26:37 PM
More sideways... more sideways... calm before the storm sunday/monday?
April 18, 2015, 04:12:39 PM
Fiat cannons loaded. Someone bring us under $200 please
Buy as fast as you can. Maybe a lot happens on sunday/monday...what exactly ,for example ?
April 18, 2015, 03:58:45 PM
April 18, 2015, 03:49:54 PM
Shorts at all time high.
Fly me to the moon and let me play among the stars. Let me see what spring is like on Jupiter and Mars.
In other words... let's launch this mofo!
If I'm wrong, take me behind the barn and shoot me. (At least, I will never try to predict the short time future here again, he he).
April 18, 2015, 03:41:46 PM
Shorts at all time high.
Fly me to the moon and let me play among the stars. Let me see what spring is like on Jupiter and Mars.
In other words... let's launch this mofo!
April 18, 2015, 03:41:36 PM
Shorts at all time high.
bullshit, ATH is at ~7.2 mil, right now at ~5.5 mil
http://bfxdata.com/sentiment/longshort.php
April 18, 2015, 03:31:48 PM
Shorts at all time high.
April 18, 2015, 02:58:39 PM
April 18, 2015, 02:14:32 PM
Fiat cannons loaded. Someone bring us under $200 please
Buy as fast as you can. Maybe a lot happens on sunday/monday... Jump to: