But why the low volume?
Because there are no coins for sale, lol.
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 32210. (Read 26712937 times)
November 08, 2013, 11:33:13 AM
Because there are no coins for sale, lol.
sr. member
Activity: 294
Merit: 250
This bull will try to shake you off. Hold tight!
November 08, 2013, 11:33:00 AM
I hereby want to apologize to all the permabulls I have been finger pointing, cypherdoc, rampion, justusranvier and many others here.
November 08, 2013, 11:32:54 AM
Seeing bitcoin rise $50... the ultimate hangover relief
November 08, 2013, 11:32:32 AM
Can we get the creator of bitcoinity to show an all time high metric for each of the markets? This would help a lot and clear up some confusion.
November 08, 2013, 11:31:39 AM
But why the low volume?
November 08, 2013, 11:27:01 AM
So I woke up this morning cuz this crazy btc train went by my window,and it was yelling at the top of it's lungs
"ch000000000000000 ch0000000000000000 m0therfuck0rz!!!!"
"ch000000000000000 ch0000000000000000 m0therfuck0rz!!!!"
Best comment ever ahahh! I'm quoting it just to see this post again when I search the shit I've written in the past lol
November 08, 2013, 11:26:13 AM
Prepare for a small correction as the east coaster cash out to buy their lunches.
November 08, 2013, 11:25:20 AM
I was kidding, it was a nod to proudhon.
I'm of the opinion that next bear market will be the most devastating and the longest one so far (worse than 2011) because everyone is caught up in the belief that if only they hold long enough, they cannot possibly lose out on BTC, no matter their entry price. Every dip is a buying opportunity etc.
Furthermore, the current bubble developed very quickly after only 7 months between former alltime high. So, it's a bubble on top of a bubble in the same year.
We can talk about that once we actually top out. So far, we haven't even doubled from the 266 high.
I'm of the opinion that next bear market will be the most devastating and the longest one so far (worse than 2011) because everyone is caught up in the belief that if only they hold long enough, they cannot possibly lose out on BTC, no matter their entry price. Every dip is a buying opportunity etc.
Furthermore, the current bubble developed very quickly after only 7 months between former alltime high. So, it's a bubble on top of a bubble in the same year.
We can talk about that once we actually top out. So far, we haven't even doubled from the 266 high.
I'm of the opinion that the time elapsed between each bubble will be shorter and shorter, each will be more 'violent' and price will go up/down more drastically until we reach the 'climax' or real price discovery. Then after that more bubbles will come, but the price will increase less and less each time, and time will be longer.
We are far away for the 'climax', i think at least two more bubbles are needed.
Just my 2shatoshis
The truth is that bubble 1 was more violent than bubble 2, (we went up x16, from 2 to 32), so I'd expect bubble 3 to be less violent than bubble 2 and 1.
Regarding singularity, is a beautiful *theoric* concept, but its painfully clear to me that nor the protocol nor the infrastructure can scale to accomodate such a "singularity", and thus I consider it pretty much of a fairy tale.
Anyhow, I will be obviously happy if it happens
Really, I feel like we went from 5 to 266 in bubble #2. 5 was a long period of stability... in April 202 so that actually x50. The only real pullback between then and the top was the pirate disaster, and that is easily seen as artificial. That is, its a external event that could have been triggered anytime -- not really related to the trend.
Good point, I felt like we went from $20 to $266, but you might be right. We will see very soon anyhow, it's clear for me that we are entering in mode "bubble #3", ATH is broken and we are currently growing exponentially, let's see how long it lasts and how far we go in this one.
November 08, 2013, 11:23:42 AM
The truth is that bubble 1 was more violent than bubble 2, (we went up x16, from 2 to 32), so I'd expect bubble 3 to be less violent than bubble 2 and 1.
Regarding singularity, is a beautiful *theoric* concept, but its painfully clear to me that nor the protocol nor the infrastructure can scale to accomodate such a "singularity", and thus I consider it pretty much of a fairy tale.
Anyhow, I will be obviously happy if it happens
Regarding singularity, is a beautiful *theoric* concept, but its painfully clear to me that nor the protocol nor the infrastructure can scale to accomodate such a "singularity", and thus I consider it pretty much of a fairy tale.
Anyhow, I will be obviously happy if it happens
Really, I feel like we went from 5 to 266 in bubble #2. 5 was a long period of stability... in April 202 so that actually x50. The only real pullback between then and the top was the pirate disaster, and that is easily seen as artificial. That is, its a external event that could have been triggered anytime -- not really related to the trend.
November 08, 2013, 11:22:30 AM
I was kidding, it was a nod to proudhon.
I'm of the opinion that next bear market will be the most devastating and the longest one so far (worse than 2011) because everyone is caught up in the belief that if only they hold long enough, they cannot possibly lose out on BTC, no matter their entry price. Every dip is a buying opportunity etc.
Furthermore, the current bubble developed very quickly after only 7 months between former alltime high. So, it's a bubble on top of a bubble in the same year.
We can talk about that once we actually top out. So far, we haven't even doubled from the 266 high.
I'm of the opinion that next bear market will be the most devastating and the longest one so far (worse than 2011) because everyone is caught up in the belief that if only they hold long enough, they cannot possibly lose out on BTC, no matter their entry price. Every dip is a buying opportunity etc.
Furthermore, the current bubble developed very quickly after only 7 months between former alltime high. So, it's a bubble on top of a bubble in the same year.
We can talk about that once we actually top out. So far, we haven't even doubled from the 266 high.
I'm of the opinion that the time elapsed between each bubble will be shorter and shorter, each will be more 'violent' and price will go up/down more drastically until we reach the 'climax' or real price discovery. Then after that more bubbles will come, but the price will increase less and less each time, and time will be longer.
We are far away for the 'climax', i think at least two more bubbles are needed.
Just my 2shatoshis
The truth is that bubble 1 was more violent than bubble 2, (we went up x16, from 2 to 32), so I'd expect bubble 3 to be less violent than bubble 2 and 1.
Regarding singularity, is a beautiful *theoric* concept, but its painfully clear to me that nor the protocol nor the infrastructure can scale to accomodate such a "singularity", and thus I consider it pretty much of a fairy tale.
Anyhow, I will be obviously happy if it happens
Really, I feel like we went from 5 to 266 in bubble #2. 5 was a long period of stability... in April 202 so that actually x50. The only real pullback between then and the top was the pirate disaster, and that is easily seen as artificial. That is, its a external event that could have been triggered anytime -- not really related to the trend.
November 08, 2013, 11:18:17 AM
I do see the possibility that my perception of Bitcoin is warped in so far as I've been watching it for a while, and during this watching it's cenceivable that I have seen an unlikely series of infrastructural failures, hacks, scams, crashes that I see the threat of longer-term Bitcoin devaluation perhaps more real than if I had joined just now. For about the first year, I was very much in the same mindset as the giddy newbies today.
However, I am not willing to bet on it.
However, I am not willing to bet on it.
November 08, 2013, 11:16:36 AM
My wife bought when the price was £7.80. She spent £5k and bought 641 coins, worth about £130k or so now.
This was probably the 2nd best decision she ever made (after answering "I do")
I have bought a small number of coins from time to time, but my 2nd best decision ever was to buy a bunch of 5870s back in January 2001.
This was probably the 2nd best decision she ever made (after answering "I do")
I have bought a small number of coins from time to time, but my 2nd best decision ever was to buy a bunch of 5870s back in January 2001.
No man, her best decision was buying BTC, YOURS was marrying her!
November 08, 2013, 11:15:12 AM
So, one question: for how many in here buying BTC has been the best financial decision EVER??
My wife bought when the price was £7.80. She spent £5k and bought 641 coins, worth about £130k or so now.
This was probably the 2nd best decision she ever made (after answering "I do")
I have bought a small number of coins from time to time, but my 2nd best decision ever was to buy a bunch of 5870s back in January 2001.
No man, her best decision was buying BTC, YOURS was marrying her!
November 08, 2013, 11:14:44 AM
Here we go again.
November 08, 2013, 11:11:12 AM
I was kidding, it was a nod to proudhon.
I'm of the opinion that next bear market will be the most devastating and the longest one so far (worse than 2011) because everyone is caught up in the belief that if only they hold long enough, they cannot possibly lose out on BTC, no matter their entry price. Every dip is a buying opportunity etc.
Furthermore, the current bubble developed very quickly after only 7 months between former alltime high. So, it's a bubble on top of a bubble in the same year.
We can talk about that once we actually top out. So far, we haven't even doubled from the 266 high.
I'm of the opinion that next bear market will be the most devastating and the longest one so far (worse than 2011) because everyone is caught up in the belief that if only they hold long enough, they cannot possibly lose out on BTC, no matter their entry price. Every dip is a buying opportunity etc.
Furthermore, the current bubble developed very quickly after only 7 months between former alltime high. So, it's a bubble on top of a bubble in the same year.
We can talk about that once we actually top out. So far, we haven't even doubled from the 266 high.
I'm of the opinion that the time elapsed between each bubble will be shorter and shorter, each will be more 'violent' and price will go up/down more drastically until we reach the 'climax' or real price discovery. Then after that more bubbles will come, but the price will increase less and less each time, and time will be longer.
We are far away for the 'climax', i think at least two more bubbles are needed.
Just my 2shatoshis
The truth is that bubble 1 was more violent than bubble 2, (we went up x16, from 2 to 32), so I'd expect bubble 3 to be less violent than bubble 2 and 1.
Regarding singularity, is a beautiful *theoric* concept, but its painfully clear to me that nor the protocol nor the infrastructure can scale to accomodate such a "singularity", and thus I consider it pretty much of a fairy tale.
Anyhow, I will be obviously happy if it happens
November 08, 2013, 11:08:57 AM
$357!!!!/\booommmm November 08, 2013, 11:08:27 AM
I was kidding, it was a nod to proudhon.
I'm of the opinion that next bear market will be the most devastating and the longest one so far (worse than 2011) because everyone is caught up in the belief that if only they hold long enough, they cannot possibly lose out on BTC, no matter their entry price. Every dip is a buying opportunity etc.
Furthermore, the current bubble developed very quickly after only 7 months between former alltime high. So, it's a bubble on top of a bubble in the same year.
We can talk about that once we actually top out. So far, we haven't even doubled from the 266 high.
I'm of the opinion that next bear market will be the most devastating and the longest one so far (worse than 2011) because everyone is caught up in the belief that if only they hold long enough, they cannot possibly lose out on BTC, no matter their entry price. Every dip is a buying opportunity etc.
Furthermore, the current bubble developed very quickly after only 7 months between former alltime high. So, it's a bubble on top of a bubble in the same year.
We can talk about that once we actually top out. So far, we haven't even doubled from the 266 high.
There are only so many bitcoins for sale, and not every is caught up in the same belief.
The first guy to dump, for example, would have a different opinion.
In fact, that's what happened this April.
November 08, 2013, 11:07:13 AM
took a little longer then 8 hours but btc china reached its ath
now the question becomes "Will bitcoin Double its previous ATH?"
No time frame?now the question becomes "Will bitcoin Double its previous ATH?"
when no time frame is presented assume i'm talking short term (1 - 30days), this poll will change every few days.
There was no timeframe, so I said Yes. Didn't seem like a hard question.
November 08, 2013, 11:05:49 AM
Just curious Blitz, since you said there would be no more triple digits in 2013. Did you follow your own advice?
I don't short BTC, and when I turn out wrong, I adapt, as any other decent speculator. November 08, 2013, 11:05:18 AM
I was kidding, it was a nod to proudhon.
I'm of the opinion that next bear market will be the most devastating and the longest one so far (worse than 2011) because everyone is caught up in the belief that if only they hold long enough, they cannot possibly lose out on BTC, no matter their entry price. Every dip is a buying opportunity etc.
Furthermore, the current bubble developed very quickly after only 7 months between former alltime high. So, it's a bubble on top of a bubble in the same year.
We can talk about that once we actually top out. So far, we haven't even doubled from the 266 high.
I'm of the opinion that next bear market will be the most devastating and the longest one so far (worse than 2011) because everyone is caught up in the belief that if only they hold long enough, they cannot possibly lose out on BTC, no matter their entry price. Every dip is a buying opportunity etc.
Furthermore, the current bubble developed very quickly after only 7 months between former alltime high. So, it's a bubble on top of a bubble in the same year.
We can talk about that once we actually top out. So far, we haven't even doubled from the 266 high.
I'm of the opinion that the time elapsed between each bubble will be shorter and shorter, each will be more 'violent' and price will go up/down more drastically until we reach the 'climax' or real price discovery. Then after that more bubbles will come, but the price will increase less and less each time, and time will be longer.
We are far away for the 'climax', i think at least two more bubbles are needed.
Just my 2shatoshis
What the trading floor needs is many high volume traders that can be market movers. In other words buy up coin as its being dumped and sell coin as its being purchased just to stabilize the price.
When big money enters the trade floor expect things to simmer down plenty.
Question is when. Perhaps +$1000 ? Who knows.
BTC POP TO 500!!!====> me and da Malta camp know!
Jump to: