Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 28895. (Read 26609705 times)

Yeah, I think you're right. If it follows the previous patterns, we'll go far above and stay above $1,200, especially seeing as we're getting pretty darn logarithmic overall growth so far! Either we break that pattern, or things will start looking pretty incredible.

I worship Zeus, and to me, you christian sinners should all burn in hell rot in Hades.

YES!!!!!     Germane and essential.  Creates a whole different set of facts, meanings and outcomes.  It is like having sex by oneself or with someone else.  In the second situation, with someone else, we complicated circumstances and the potential of making a baby.  The second situation is materially different from the first, even though the two situations may feel similar.




Again, reverting into bad logic when coming to the belief the community is ganging up on you.




Yes.  These kinds of discussions are had all of the time concerning fair share.  We have had times in fairly recent US history in which the marginal tax rate was more than 90% for the wealthiest among us.  There are various factors that go into considering tax rates, and maybe circumstances may require 100%, but likely very rare circumstances.  You are creating very extreme scenarios if you are suggesting that 100% would be or should be accepted as normal.  Personally, I am of the sense that the very wealthy in the american society (the top 1-5%) have NOT been paying their fair share of taxes, and that is a very significant reason why a large number of americans are currently being screwed and gouged in a variety of ways.  Also the very wealthy have been receiving various subsidies that they do NOT deserve... and are leaching off of the american people and that is also a very significant reason why a large number of americans are currently being screwed and gouged in a variety of ways.   

I miss Adamstgbit countdowns...

yup
its offical.
i drew some lines

Loooooooooooooool

keep the revolution going!!!

This is nice to hear and I assure you I am trying to understand your position and have a good debate.

What bothers me now is your reaction to the idea of "taxation = theft". When this was mentioned you went into a rather angry tirade stating over and over again, that this concept is so ridiculous, that it shouldn't even be taken seriously, but nowhere have I seen you actually explain why. I think this is a hint to why we differ, even though I could put my signature below your quote up there. It seems that to you government = society (or a meaningful representation thereof). Which, incidentally to me represents a concept so absurd and obviously untrue, that it shouldn't even be taken seriously. I won't explain why, though. If queried, I will repeat again how ridiculous it is


And this after you put taxation and theft side by side and basically described them in the same words? I am inclined to believe now that you are trolling in some sophisticated manner, otherwise this huge overreaction would seem to me to be the defense mechanism of a very dearly held dogma.

Thanks a lot for the projection bpnave!!   

I get the sense that many of us, here, are engaging in a kind of best guestimates of the future.. 


I see that you are projecting, more or less, a break out in the summer time-frame... (june or july-ish)

So my question is whether we expect to go above $1,200 at that point?  and then will we stay at some point in which the lows are higher than the previous high?    meaning that the lows would thereafter remain higher than $1200.  Surely, I get the sense that sufficient BTC infrastructure and networking around bitcoin is allowing for such price break outs and higher highs and higher lows... .which would also bring with it, less volatility.

I think the only possible germane difference is the party demanding the funds.


The critical terms here are "community" and "fair share".  If I can't opt out, it's not a community, its a gang.  Also, "fair share" is very much up for debate.  If the "community" decides that a "fair share" is 100%, are you cool with that?

I like you when you are feeling optimistic!

It looks as if we may breakout before. Below 600 would be a bearish option.

Should've changed it to "flying saucer reversal formation."

Thanks guys, good to know I'm in the right place for this stuff!

If my speculations are at all accurate...I'm very much looking forward to the next few months  

Good thing I waited for 1 day MACD as a sell signal.

+1 nice charts

Explanation

You are doing the one thing everyone else is supposed to be doing!

In the ball park,  how many coins do you believe it will require to accomplish being a bitcoin millionaire by this summer?  100? 200? 500? or some other quantity?

In the most optimistic scenario, I could see the potential of 200 coins making a person a bitcoin millionaire by this summer - however, I have visionary trouble with predictions of any fewer than 200BTC  accomplishing the millionaire objective by this summer.

Based on what I know at the moment, that's my lame prediction of a best case scenario for this upcoming summer.

Bitcoins are owned by evil people?  Well if we want to get philosophical about it, we all are sinners so I guess it could be true.  

But Bitcoin, like cash, can be used for good or evil in the world and I like to think it is less evil than the bankers and governments that control our money now.

Hey I'm new here, but I thought I'd go ahead and share my speculations.


As you can see, to me, it seems as if we may be in for a third "echo" (not repeat--as I've been told markets don't repeat, etc)
http://oi61.tinypic.com/oje520.jpg
source: http://bitcoincharts.com/charts/bitstampUSD#tgSzm1g10zm2g25zl

After the rise ends, you have your slump, your hump, your re-rise, a level area, and then a very large rise.

As I am completely new to a lot of this stuff, I have no real idea if any of this is viable, it's just a pattern I noticed. And we seem to be right in the beginning stages of the re-rise, as it always seems to have that initial down trend at the very beginning.

What are your thoughts?

(Please let me know if I'm breaking rules or something...I don't want to be disruptive!)