we know we are in sideways when people act like $10 variation in price is super significant
The price sucks at the moment but any slight price rise at least delays an eventually inevitable drop.
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 23915. (Read 26712671 times)
December 26, 2014, 05:02:07 PM
The price sucks at the moment but any slight price rise at least delays an eventually inevitable drop.
December 26, 2014, 05:01:34 PM
So, which of those idiots will go bust first ?
December 26, 2014, 05:00:24 PM
December 26, 2014, 05:00:21 PM
we know we are in sideways when people act like $10 variation in price is super significant
December 26, 2014, 05:00:19 PM
Quote
The majority of experts who were willing to venture a guess thought that Bitcoin would be worth more than US$1,000, with several experts placing the value between US$2,000 and US$5,000.
Of special interest were predictions by Sam Cole from KnCMiner who said:
“Large financial players are entering the market this year. I am talking to some of them. If they are to become involved they need the coin to be valued at around US$2,000 to US$3,000… So I am predicting around US$2,000 to US$3,000.”
Interestingly, Dr. Marco Krohn from Genesis Mining suggested the same figure of US$2,000 to US$3,000. What is it that miners know that the rest of us don’t? It seems they are expecting a second Bitcoin rush this year.
This point of view was supported by Bitcoin investor Trace Mayer who believes the latest innovations in the cryptocurrency will enable Wall Street to come into Bitcoin which will push the price up “significantly higher.”
Of special interest were predictions by Sam Cole from KnCMiner who said:
“Large financial players are entering the market this year. I am talking to some of them. If they are to become involved they need the coin to be valued at around US$2,000 to US$3,000… So I am predicting around US$2,000 to US$3,000.”
Interestingly, Dr. Marco Krohn from Genesis Mining suggested the same figure of US$2,000 to US$3,000. What is it that miners know that the rest of us don’t? It seems they are expecting a second Bitcoin rush this year.
This point of view was supported by Bitcoin investor Trace Mayer who believes the latest innovations in the cryptocurrency will enable Wall Street to come into Bitcoin which will push the price up “significantly higher.”
BTC to break $2,000 mark by Christmas – Experts
http://cointelegraph.com/news/111597/btc_to_break_2_000_mark_by_christmas_experts
December 26, 2014, 04:59:23 PM
So, since most experts and mining gurus six months ago expected BTC to be at
a thousand bucks by now, chances would seem to be excellent that mining BTC
is stupendously over-invested. Thoughts ?
a thousand bucks by now, chances would seem to be excellent that mining BTC
is stupendously over-invested. Thoughts ?
The mining hardware suppliers must have done stupendously well for the last six months.
December 26, 2014, 04:57:14 PM
So, since most experts and mining gurus six months ago expected BTC to be at
a thousand bucks by now, chances would seem to be excellent that mining BTC
is stupendously over-invested. Thoughts ?
a thousand bucks by now, chances would seem to be excellent that mining BTC
is stupendously over-invested. Thoughts ?
December 26, 2014, 04:46:25 PM
That graph! Bitcoin has finally reached singularity!
December 26, 2014, 04:45:12 PM
Consolidation, bubble limps along for a couple months, then the big crash
December 26, 2014, 04:39:22 PM
Well, six months ago most experts and mining gurus figured that
BTC would be at least $1000 by xmas so some big bankruptcies
in the mining world shouldn´t be that far off now.
I´m anticipating a huge bull run starting circa beginning of March.
BTC would be at least $1000 by xmas so some big bankruptcies
in the mining world shouldn´t be that far off now.
I´m anticipating a huge bull run starting circa beginning of March.
December 26, 2014, 04:33:58 PM
As a difficult, but early year in the emergence of bitcoin comes to a close - it continues to prosper into a more and more powerful network. The units themselves being described as worthless at only $320 by people apparently unaware of what $320 can buy.
If a blockchain can become healthy it will represent a huge amount of power - belonging to a necessarily huge number of people whose interests are simple yet predictably consistent.
Absolute domination becomes inevitable for the world's first and most sought after real change to the old, creaking, bloated, largely inaccessible, reckless and ultimately unnecessary banking paradigm. Not because it replaces it, but because it isn't constrained by limiting factors that have been overcome thanks to the internet and the solving of the Byzantine General's problem.
The anti-fragility of simplicity cannot be questioned.
If a blockchain can become healthy it will represent a huge amount of power - belonging to a necessarily huge number of people whose interests are simple yet predictably consistent.
Absolute domination becomes inevitable for the world's first and most sought after real change to the old, creaking, bloated, largely inaccessible, reckless and ultimately unnecessary banking paradigm. Not because it replaces it, but because it isn't constrained by limiting factors that have been overcome thanks to the internet and the solving of the Byzantine General's problem.
The anti-fragility of simplicity cannot be questioned.
Not a cult, not a cult, not a cult!
yes, and those internet users are such cultists too.
December 26, 2014, 04:33:28 PM
Big time buying to square some year-end books would be welcome.
December 26, 2014, 04:29:12 PM
It's happening. Short squeeze covering coming.
December 26, 2014, 04:28:25 PM
How do we know Warren Buffett isn't investing in BTC?
If he's not happy with his holding yet & needs to add to it why the hell would he speak positively about BTC?
The price would shoot up & he'd penalise himself.
If he's not happy with his holding yet & needs to add to it why the hell would he speak positively about BTC?
The price would shoot up & he'd penalise himself.
Warren Buffet's BH owns 10% of IBM ... yes the same IBM that is going hard on the Internet of Things and 'blockchain' tech.
Join the dots, the guy speaks with forked tongues on many markets.
December 26, 2014, 04:28:20 PM
Take a look at a 24 hr. chart. Now; what could look more promising ?
And how often have you seen it quickly turn back to shit ?
And how often have you seen it quickly turn back to shit ?
December 26, 2014, 04:28:15 PM
400$ in next 7 days.
December 26, 2014, 04:28:00 PM
Still 16500 potential open shorts on bfxdata.
December 26, 2014, 04:24:53 PM
December 26, 2014, 04:24:32 PM
Up to 330 we go.
December 26, 2014, 04:21:44 PM
Down 3% over the last three days. Just shorts covering for now.
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