Seems the bubble is inflating again. But the bids are so thin...
Look at what's happened to Mt Gox's relative volume:http://data.bitcoinity.org/#caaaabegaa
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 32038. (Read 26471549 times)
October 28, 2013, 07:30:36 PM
http://data.bitcoinity.org/#caaaabegaa
October 28, 2013, 07:27:39 PM
Seems the bubble is inflating again. But the bids are so thin...
standard..
Half the 210 wall has disappeared.
October 28, 2013, 07:23:29 PM
Seems the bubble is inflating again. But the bids are so thin...
October 28, 2013, 07:02:23 PM
October 28, 2013, 06:47:55 PM
200 on stamps soon.
get it while its hot!!
get it while its hot!!
October 28, 2013, 06:45:34 PM
Even lower this time I presume. Operation Bubblepop in progress.
LOLBubblepop?
That's the sound of champagne bottles opening in anticipation of the ATH.
lol
October 28, 2013, 06:15:09 PM
Everyone's dad should have a few bitcoins.
October 28, 2013, 06:13:36 PM
Quote from: David M ****Date Of Post=April 2013****
My old man (72 years old) just sold 100 BTC at $110.
I convinced him to buy 1000 at $8. He has now recovered his investment plus ~40%.
I got a case of Veuve Clicquot out of it.
I convinced him to buy 1000 at $8. He has now recovered his investment plus ~40%.
I got a case of Veuve Clicquot out of it.
My old man is at it again. Sold 100BTC at AUD$205
This time I'm getting half of a 5KW Solar Panel setup.
Total Sold: 200BTC for $31,000. Just short of 300% realized profit on investment.
Remaining Balance: 799.5 BTC
He said he is getting old and plans to sell 100BTC at each "hundred" mark. e.g $300, $400 etc...
He's expecting to have less than 500BTC by June 2014.
Nice story
Try to make him sell after each double instead. He nets much more and the bitcoins don't run out so quickly.
Tell him you rather have the Bitcoins
October 28, 2013, 06:12:42 PM
Nice story
Try to make him sell after each double instead. He nets much more and the bitcoins don't run out so quickly.
Try to make him sell after each double instead. He nets much more and the bitcoins don't run out so quickly.
He was going to unload at each $50 mark, but after returning from a holiday to Italy he pushed it to $100.
October 28, 2013, 06:08:22 PM
Quote from: David M ****Date Of Post=April 2013****
My old man (72 years old) just sold 100 BTC at $110.
I convinced him to buy 1000 at $8. He has now recovered his investment plus ~40%.
I got a case of Veuve Clicquot out of it.
I convinced him to buy 1000 at $8. He has now recovered his investment plus ~40%.
I got a case of Veuve Clicquot out of it.
My old man is at it again. Sold 100BTC at AUD$205
This time I'm getting half of a 5KW Solar Panel setup.
Total Sold: 200BTC for $31,000. Just short of 300% realized profit on investment.
Remaining Balance: 799.5 BTC
He said he is getting old and plans to sell 100BTC at each "hundred" mark. e.g $300, $400 etc...
He's expecting to have less than 500BTC by June 2014.
Nice story
Try to make him sell after each double instead. He nets much more and the bitcoins don't run out so quickly.
October 28, 2013, 06:02:12 PM
October 28, 2013, 06:01:05 PM
Quote from: David M ****Date Of Post=April 2013****
My old man (72 years old) just sold 100 BTC at $110.
I convinced him to buy 1000 at $8. He has now recovered his investment plus ~40%.
I got a case of Veuve Clicquot out of it.
I convinced him to buy 1000 at $8. He has now recovered his investment plus ~40%.
I got a case of Veuve Clicquot out of it.
My old man is at it again. Sold 100BTC at AUD$205
This time I'm getting half of a 5KW Solar Panel setup.
Total Sold: 200BTC for $31,000. Just short of 300% realized profit on investment.
Remaining Balance: 799.5 BTC
He said he is getting old and plans to sell 100BTC at each "hundred" mark. e.g $300, $400 etc...
He's expecting to have less than 500BTC by June 2014.
October 28, 2013, 05:52:40 PM
LOL
Bubblepop?
That's the sound of champagne bottles opening in anticipation of the ATH.
Bubblepop?
That's the sound of champagne bottles opening in anticipation of the ATH.
LOLOL
October 28, 2013, 05:46:05 PM
Even lower this time I presume. Operation Bubblepop in progress.
Alert: trader talking his position
October 28, 2013, 05:35:39 PM
What happens to Bitcoin when over 50% of it is owned by wealthy elites? Time to pump something else?
And as they move out, smaller players will move away from charts and start doing business with their bitcoins. Contraction of the bitcoin economy sows the seeds for the next expansion. Once things have settled out, the whales will return.
October 28, 2013, 05:31:45 PM
What happens to Bitcoin when over 50% of it is owned by wealthy elites? Time to pump something else?
October 28, 2013, 05:31:04 PM
I have a better question. Why do dozens of people on this forum who have never had any direct interaction with an ETF and no direct knowledge on the underlining motivations for starting and running one, have a fracking opinion they think is worth sharing on this forum?
I do know how ETF work. In fact my stock portfolio is almost only composed of ETFs (with two lines only, one from my country's stock exchange, one from the US one).
Quote
ETF = good for valuation of bitcoin. That is all anyone needs to know. So much freaking hot air in here. LOL
I agree. Most of people here don't understand this.
Yeah, I was not obviously referring to you.
Its actually funny, (although it annoys me when I am actually trying to find real-important-topic-related-info in a thread), how stupid so many of the bitcoin early adopters are. I mean, there is literally this unrefined, ignorant, idealistic, caveman like quality to so many of these early adopters. Bitcoin is entering a time where (HOPEFULLY!!!) more and more legitimate, well financed, regulated, structured 3rd wave Bitcoin companies, users and investors are going to enter the BTC universe. And eventually they will help drown out the noise.
I mean hats off to the non-authoritarian idealism that led to the birth and early propagation of bitcoin. But, man, evolution rules for a reason, and bitcoin is evolving into something potentially really special and massive. And its time, in my opinion, for this early adopter mentality to be replaced with a new type of visionary. I am happy to ride that wave.
Well said.
October 28, 2013, 05:29:56 PM
Did Gox lead that mini-dump?
Why do you care? All you do is come up with the most off the wall conspiratorial speculation on how a small group of secret underground bitcion elite control all the markets to their advantage and the sufferage of the rest of us.
At least when they are not doing their blood sacrifices, right? Or is it virgin burnings? I can't remember.
October 28, 2013, 05:27:46 PM
Did Gox lead that mini-dump?
That's like asking "Does the dog lead the tail or does the tail just follow the dog?"
October 28, 2013, 05:27:16 PM
I have a better question. Why do dozens of people on this forum who have never had any direct interaction with an ETF and no direct knowledge on the underlining motivations for starting and running one, have a fracking opinion they think is worth sharing on this forum?
I do know how ETF work. In fact my stock portfolio is almost only composed of ETFs (with two lines only, one from my country's stock exchange, one from the US one).
Quote
ETF = good for valuation of bitcoin. That is all anyone needs to know. So much freaking hot air in here. LOL
I agree. Most of people here don't understand this.
Yeah, I was not obviously referring to you.
Its actually funny, (although it annoys me when I am actually trying to find real-important-topic-related-info in a thread), how stupid so many of the bitcoin early adopters are. I mean, there is literally this unrefined, ignorant, idealistic, caveman like quality to so many of these early adopters. Bitcoin is entering a time where (HOPEFULLY!!!) more and more legitimate, well financed, regulated, structured 3rd wave Bitcoin companies, users and investors are going to enter the BTC universe. And eventually they will help drown out the noise.
I mean hats off to the non-authoritarian idealism that led to the birth and early propagation of bitcoin. But, man, evolution rules for a reason, and bitcoin is evolving into something potentially really special and massive. And its time, in my opinion, for this early adopter mentality to be replaced with a new type of visionary. I am happy to ride that wave.
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