Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 33667. (Read 26713218 times)
May 19, 2013, 03:45:18 PM
PLZ make it strobe!!
May 19, 2013, 03:44:27 PM
$120 isn't cheap? 11 million shares and a global economy that we are only hoping to get a small fraction of a percentage of ? $120 is VERY cheap when you factor in the market, incoming VC money, low float, affect on currency/monetary policy, etc. We are talking about a revolutionary game changing technology. Can you come up with something better?
You know the problem? That the number of actual bitcoins transactions is going down, volume is doing the same and the number of users paying/buying in bitcoins is becoming quickly the same as oct-dec 2012.
The way I see things we're gonna end with a highly valuable bitcoin that nobody uses but it is worth millions because of the things it CAN do.
I wonder if perpetual bulls find Pascal's Wager convincing...
May 19, 2013, 03:42:18 PM
Comprehend this 
May 19, 2013, 03:42:02 PM
$120 isn't cheap? 11 million shares and a global economy that we are only hoping to get a small fraction of a percentage of ? $120 is VERY cheap when you factor in the market, incoming VC money, low float, affect on currency/monetary policy, etc. We are talking about a revolutionary game changing technology. Can you come up with something better?
You know the problem? That the number of actual bitcoins transactions is going down, volume is doing the same and the number of users paying/buying in bitcoins is becoming quickly the same as oct-dec 2012.
The way I see things we're gonna end with a highly valuable bitcoin that nobody uses but it is worth millions because of the things it CAN do.
A currency not used is essentially a useless currency - at least when one considers what BTC is about.
Anyway, with the (current) 100,000,000 bits per BTC, it doesn't require many to be in circulation for it to be effective. We have near infinite divisibility (can increase) of each of the 11 million BTC units (not infinitely printable like current central banks and Quantitative easing - yuck! Think about that... Use it or lose it I would say though. It should not be about hoarding. We are early on in the movement though so things will change here as we go forward. Further the mentality of the average BTC user is not about power and fame. This is a morally found movement about change. Don't cheapen the argument here.
We are taking part in the largest social experiment in our history. And you know the answer? eheeh, come on... We are all sitting in the front row and watching with our eyes wide open...
May 19, 2013, 03:33:59 PM
$120 isn't cheap? 11 million shares and a global economy that we are only hoping to get a small fraction of a percentage of ? $120 is VERY cheap when you factor in the market, incoming VC money, low float, affect on currency/monetary policy, etc. We are talking about a revolutionary game changing technology. Can you come up with something better?
You know the problem? That the number of actual bitcoins transactions is going down, volume is doing the same and the number of users paying/buying in bitcoins is becoming quickly the same as oct-dec 2012.
The way I see things we're gonna end with a highly valuable bitcoin that nobody uses but it is worth millions because of the things it CAN do.
May 19, 2013, 03:32:51 PM
I don't think you can extrapolate any rise or fall in price from Google Trends. When someone hears about something for the first time, of course their first instinct will be to scour the internet for information, after that you don't go around searching it daily.
May 19, 2013, 03:28:12 PM
Actually, the google trends is a good indicator. As of now, we are still above the searches per day we did when we first reached 100$ (1th of April), and the price is stable above 100$.
That, IMO, is a healthy indicator.
That, IMO, is a healthy indicator.
May 19, 2013, 03:24:39 PM
Google trends shows the real interest in Bitcoin.
It was mentioned every few days in the run up to $266 but it's not mentioned so much lately.
Here's why :
It was mentioned every few days in the run up to $266 but it's not mentioned so much lately.
Here's why :
it was also mentioned.. that google trends folows the price .. not the other way around
I agree entirely which kind of proves my point.
After the $266 peak in the google trends chart it just went down, there was no additional interest following the crash when the price bounced from $50 to about $166 and then continued downwards again.
If google trends follows the price it should have shown increased interest after the $266 peak but it didn't, not one bit.
That's because the recent price rises are purely speculative and will run out of steam.
Seriously? We are still doing this silly Google Trends thing?
Alright, if that's how we play it:
Quick, sell every last Euro you own!!!
May 19, 2013, 03:18:24 PM
will we see a down this Monday morning or will it go up?
what do the majority thinking?
i see that we have good support back to 115 and upp to 126$ its 8400 ,
how things have gone in the other modes at this situation after the weekend?
Edit: i thinking , transfer from banks arrives on monday and new money coming in to buy ?,,, if you have money on like mtgox you can always sell but you cant buy if you dont have som cash hanging around ??
or do i think wrong please help
what do the majority thinking?
i see that we have good support back to 115 and upp to 126$ its 8400 ,
how things have gone in the other modes at this situation after the weekend?
Edit: i thinking , transfer from banks arrives on monday and new money coming in to buy ?,,, if you have money on like mtgox you can always sell but you cant buy if you dont have som cash hanging around ??
or do i think wrong please help
Mediocre rise, possibly masked by noise?
May 19, 2013, 03:15:33 PM
May 19, 2013, 03:07:24 PM
$120 isn't cheap? 11 million shares and a global economy that we are only hoping to get a small fraction of a percentage of ? $120 is VERY cheap when you factor in the market, incoming VC money, low float, affect on currency/monetary policy, etc. We are talking about a revolutionary game changing technology. Can you come up with something better?
May 19, 2013, 03:03:51 PM
will we see a down this Monday morning or will it go up?
what do the majority thinking?
i see that we have good support back to 115 and upp to 126$ its 8400 ,
how things have gone in the other modes at this situation after the weekend?
Edit: i thinking , transfer from banks arrives on monday and new money coming in to buy ?,,, if you have money on like mtgox you can always sell but you cant buy if you dont have som cash hanging around ??
or do i think wrong please help
We are going down this time.what do the majority thinking?
i see that we have good support back to 115 and upp to 126$ its 8400 ,
how things have gone in the other modes at this situation after the weekend?
Edit: i thinking , transfer from banks arrives on monday and new money coming in to buy ?,,, if you have money on like mtgox you can always sell but you cant buy if you dont have som cash hanging around ??
or do i think wrong please help
People bought btcs because of anticipation of a "big announcement" in the conference which finally turn out to be a lackluster one. Expect more massive dump on the way to 110 where the rally began.
so there is no reason to feel safe for the backupp?
my thinking about the monday cash will come in is wrong ?
(learning )Just giving my prediction... I might be wrong though.
Feel free to test the market and your own prediction.
$120 isn't cheap? 11 million shares and a global economy that we are only hoping to get a small fraction of a percentage of ? $120 is VERY cheap when you factor in the market, incoming VC money, low float, affect on currency/monetary policy, etc. We are talking about a revolutionary game changing technology. Can you come up with something better?
+1
May 19, 2013, 03:02:51 PM
11 million shares and a global economy that we are only hoping to get a small fraction of a percentage of ? $120 is VERY cheap
May 19, 2013, 03:02:17 PM
May 19, 2013, 02:51:15 PM
will we see a down this Monday morning or will it go up?
what do the majority thinking?
i see that we have good support back to 115 and upp to 126$ its 8400 ,
how things have gone in the other modes at this situation after the weekend?
Edit: i thinking , transfer from banks arrives on monday and new money coming in to buy ?,,, if you have money on like mtgox you can always sell but you cant buy if you dont have som cash hanging around ??
or do i think wrong please help
We are going down this time.what do the majority thinking?
i see that we have good support back to 115 and upp to 126$ its 8400 ,
how things have gone in the other modes at this situation after the weekend?
Edit: i thinking , transfer from banks arrives on monday and new money coming in to buy ?,,, if you have money on like mtgox you can always sell but you cant buy if you dont have som cash hanging around ??
or do i think wrong please help
People bought btcs because of anticipation of a "big announcement" in the conference which finally turn out to be a lackluster one. Expect more massive dump on the way to 110 where the rally began.
so there is no reason to feel safe for the backupp?
my thinking about the monday cash will come in is wrong ?
(learning )Just giving my prediction... I might be wrong though.
Feel free to test the market and your own prediction.
$120 isn't cheap? 11 million shares and a global economy that we are only hoping to get a small fraction of a percentage of ? $120 is VERY cheap when you factor in the market, incoming VC money, low float, affect on currency/monetary policy, etc. We are talking about a revolutionary game changing technology. Can you come up with something better?
May 19, 2013, 02:37:31 PM
will we see a down this Monday morning or will it go up?
what do the majority thinking?
i see that we have good support back to 115 and upp to 126$ its 8400 ,
how things have gone in the other modes at this situation after the weekend?
Edit: i thinking , transfer from banks arrives on monday and new money coming in to buy ?,,, if you have money on like mtgox you can always sell but you cant buy if you dont have som cash hanging around ??
or do i think wrong please help
We are going down this time.what do the majority thinking?
i see that we have good support back to 115 and upp to 126$ its 8400 ,
how things have gone in the other modes at this situation after the weekend?
Edit: i thinking , transfer from banks arrives on monday and new money coming in to buy ?,,, if you have money on like mtgox you can always sell but you cant buy if you dont have som cash hanging around ??
or do i think wrong please help
People bought btcs because of anticipation of a "big announcement" in the conference which finally turn out to be a lackluster one. Expect more massive dump on the way to 110 where the rally began.
so there is no reason to feel safe for the backupp?
my thinking about the monday cash will come in is wrong ?
(learning )Just giving my prediction... I might be wrong though.
Feel free to test the market and your own prediction.
May 19, 2013, 02:30:18 PM
That's because the recent price rises are purely speculative and will run out of steam.
Gee, so sure of yourself.
At least use "it might".
It's a speculation post in the speculation forum so 'it might' is kind of implied in all posts as nobody can tell what is going to happen before it's happened.
If a new rally starts on Tuesday I'll jump aboard as well but I still think it's going down much lower in the long run.
May 19, 2013, 02:27:12 PM
Google trends shows the real interest in Bitcoin.
It was mentioned every few days in the run up to $266 but it's not mentioned so much lately.
Here's why :
It was mentioned every few days in the run up to $266 but it's not mentioned so much lately.
Here's why :
it was also mentioned.. that google trends folows the price .. not the other way around
I agree entirely which kind of proves my point.
After the $266 peak in the google trends chart it just went down, there was no additional interest following the crash when the price bounced from $50 to about $166 and then continued downwards again.
If google trends follows the price it should have shown increased interest after the $266 peak but it didn't, not one bit.
That's because the recent price rises are purely speculative and will run out of steam.
Well, this early in BTC's progress, it pretty much is all speculation, no? And at the same time fairly good size amounts investments and $$$ are coming in. Pretty big and well respected VC's are saying BTC is HUGE. There are hundreds of millions of $$$ to be saved by using BTC over paypal, visa, mc, ae, western union, etc. The list goes on and on, and I guess you can say speculation, but that is like saying AOL at $5 a share was speculation. It was and so what? The writing was/is on the wall, can read it?
May 19, 2013, 02:23:54 PM
That's because the recent price rises are purely speculative and will run out of steam.
Gee, so sure of yourself.
At least use "it might".
May 19, 2013, 02:21:59 PM
Google trends shows the real interest in Bitcoin.
It was mentioned every few days in the run up to $266 but it's not mentioned so much lately.
Here's why :
It was mentioned every few days in the run up to $266 but it's not mentioned so much lately.
Here's why :
it was also mentioned.. that google trends folows the price .. not the other way around
I agree entirely which kind of proves my point.
After the $266 peak in the google trends chart it just went down, there was no additional interest following the crash when the price bounced from $50 to about $166 and then continued downwards again.
If google trends follows the price it should have shown increased interest after the $266 peak but it didn't, not one bit.
That's because the recent price rises are purely speculative and will run out of steam.
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