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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 32024. (Read 26471356 times)

legendary
Activity: 1014
Merit: 1003
VIS ET LIBERTAS
Waiting is my main BTC strategy. Got that covered.
you mean holding?!
sr. member
Activity: 336
Merit: 250
Yes, patience is essential!

Still waiting for my 10 BTC from BTCJam to make their way home.... only a year overdue now.

Patience is a virtue, apparently.
legendary
Activity: 2156
Merit: 1070
I don't think we will see ATHs until 2014.
  ... wait a few weeks  Wink

Waiting is my main BTC strategy. Got that covered.
legendary
Activity: 1014
Merit: 1003
VIS ET LIBERTAS
I don't think we will see ATHs until 2014.
  ... wait a few weeks  Wink
hero member
Activity: 784
Merit: 506
There will be the standard several-weeks' time delay for that surge, though. Still, even discounting all of that, I think we're going up toward the ATH and within a week or two, then beyond. (Very very short-term fall is possible.)

Exakt.

I do not see a lot of investment coming in during the holidays. Certainly not to push us up another $55-60 in the next 2 months. Especially since there are still some people who would just be happy to break even from the April crash, even more so during the holidays.

I don't think we will see ATHs until 2014.
Not that what I like counts for anything but I like that scenario Smiley  The idea that there's a big news splurge whereby many people get to hear about it (again) then get distracted by other stuff and holidays or don't want to 'invest' money just before the holidays and forget about it for now is great Smiley  If it piques their interest but not enough to act then next time they hear about it they may understand a bit more.  The better people understand the less naive money comes into Bitcoin which in turn reduces the risk of an overheated market and the inevitable consequence.
legendary
Activity: 2156
Merit: 1070
There will be the standard several-weeks' time delay for that surge, though. Still, even discounting all of that, I think we're going up toward the ATH and within a week or two, then beyond. (Very very short-term fall is possible.)

Exakt.

I do not see a lot of investment coming in during the holidays. Certainly not to push us up another $55-60 in the next 2 months. Especially since there are still some people who would just be happy to break even from the April crash, even more so during the holidays.

I don't think we will see ATHs until 2014.
donator
Activity: 2772
Merit: 1019
There will be the standard several-weeks' time delay for that surge, though. Still, even discounting all of that, I think we're going up toward the ATH and within a week or two, then beyond. (Very very short-term fall is possible.)

Exakt.
donator
Activity: 1722
Merit: 1036
There will be the standard several-weeks' time delay for that surge, though. Still, even discounting all of that, I think we're going up toward the ATH and within a week or two, then beyond. (Very very short-term fall is possible.)

It is all probabilities ofcourse, but I don't see anymore, how sales would overwhelm buys.

The story might be a final push for many who have just waited over the months and years.

Btw. the most interesting part IMO was that despite a million percent gain, he only sold 20%. With the remaining 4000 bitcoins he is among the top 200 worldwide and why not - Norway is one of the remaining independent countries. Even the taxman was curious to make the regulations conform to bitcoin and not the other way round.
sr. member
Activity: 454
Merit: 250
Perhaps the bitcoin distribution model is carefully designed to retain the coins in hands of the intelligent, the honest and the simple:
- intelligent hear about it first and being relatively rich and/or tech-savvy, can acquire many
- honest have distrust and disdain towards fiat, so convert to bitcoin easily and have no urge to sell
- simple see that others have become rich and just imitate them by buying and holding.

Very nice.
legendary
Activity: 1036
Merit: 1000
There will be the standard several-weeks' time delay for that surge, though. Still, even discounting all of that, I think we're going up toward the ATH and within a week or two, then beyond. (Very very short-term fall is possible.)

well, its not like im going to sell for fiat but okay then.

Getting a little altcoin action on the side? Bitcoin is a jealous bitch, watch out! Grin
legendary
Activity: 1036
Merit: 1000
reddit is exploding with fresh blood


oh?

Yes, definitely. As I recall, 18% of American males say they use reddit/r/gonewild. Biggest Bitcoin exposure ever on reddit perhaps, as well as the most positive and investment-oriented. Upvoted to like 4000, which is serious frickin' exposure. Plus the story was fromt and center on just about every other news site's tech section. And it was a pedestrian story in the Bitcoin world. The rocket was ready to launch already, but now...I don't even know what could happen.

FTFY

It was posted to r/worldnews, which is 5th most active, while r/gonewild is 30th. http://stattit.com/
legendary
Activity: 1036
Merit: 1000
There will be the standard several-weeks' time delay for that surge, though. Still, even discounting all of that, I think we're going up toward the ATH and within a week or two, then beyond. (Very very short-term fall is possible.)
maz
full member
Activity: 140
Merit: 100
reddit is exploding with fresh blood


oh?

Yes, definitely. As I recall, 18% of American males say they use reddit/r/gonewild. Biggest Bitcoin exposure ever on reddit perhaps, as well as the most positive and investment-oriented. Upvoted to like 4000, which is serious frickin' exposure. Plus the story was fromt and center on just about every other news site's tech section. And it was a pedestrian story in the Bitcoin world. The rocket was ready to launch already, but now...I don't even know what could happen.

FTFY
legendary
Activity: 1036
Merit: 1000
reddit is exploding with fresh blood


oh?

Yes, definitely. As I recall, 18% of American males say they use reddit. Biggest Bitcoin exposure ever on reddit perhaps, as well as the most positive and investment-oriented. Upvoted to like 4000, which is serious frickin' exposure. Plus the story was fromt and center on just about every other news site's tech section. And it was a pedestrian story in the Bitcoin world. The rocket was ready to launch already, but now...I don't even know what could happen.
legendary
Activity: 2324
Merit: 1801
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
donator
Activity: 2772
Merit: 1019
reddit is exploding with fresh blood
hero member
Activity: 826
Merit: 508


211 on Gox. 620 BTC to 210, couple hundred more at 210 than an hour ago.
legendary
Activity: 1288
Merit: 1000
Enabling the maximal migration

Yeah not so surprising really as it was top 10 on yahoo and google yesterday and since that is probably a monthly rating it includes both the silk road and most recent media spike
donator
Activity: 1722
Merit: 1036
They don't understand what backs Bitcoin and when I point out it's backed by whatever I'm or anyone else is voluntarily willing to trade for it they quit talking about it and end off with the "I just don't know" ultimately it depends who you talk to.

I'm hoping the media sparks more in-depth research.

Perhaps the bitcoin distribution model is carefully designed to retain the coins in hands of the intelligent, the honest and the simple:
- intelligent hear about it first and being relatively rich and/or tech-savvy, can acquire many
- honest have distrust and disdain towards fiat, so convert to bitcoin easily and have no urge to sell
- simple see that others have become rich and just imitate them by buying and holding.
donator
Activity: 2772
Merit: 1019
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