I'm not bearish. I expect, in the long term, bitcoin to roughly double in value each year, for the foreseeable future. In my book this is extremely bullish.
The current rally is June 2011 all over again. This time I'm going to profit from this insanity, though.
Topic: Wall Observer - MtGoxUSD wall movement tracker - page 307. (Read 1811564 times)
I would be surprised if we didn't reach 10,000 dollars per bitcoin before the end of the year.
I would be extremely surprised if we did reach that value. 10,000 dollars per bitcoin would mean 70 times the current adoption which would mean that fees for a SINGLE TRANSACTION would be outrageous, like $100 or even more. Yes, i pulled that number from my ass but it's as good a guess as any. We have 1M hard limit on block size, corresponding to about 7tps, or about 25,000 transactions per hour, and it isn't going to change this year. Bitcoin as it currently exists is not scalable to much higher usage than it already has.
you clearly don't understand the mechanics of Bitcoin
as I see it and many here, we could be looking at 10.000$ by the end of this month whether you bears like it or not
I would be surprised if we didn't reach 10,000 dollars per bitcoin before the end of the year.
I would be extremely surprised if we did reach that value. 10,000 dollars per bitcoin would mean 70 times the current adoption which would mean that fees for a SINGLE TRANSACTION would be outrageous, like $100 or even more. Yes, i pulled that number from my ass but it's as good a guess as any. We have 1M hard limit on block size, corresponding to about 7tps, or about 25,000 transactions per hour, and it isn't going to change this year. Bitcoin as it currently exists is not scalable to much higher usage than it already has.
Jeebus.....last winter one of my friends was asking me when I am gonna pay her a visit(she lives quite far away from where I am), at the time bitcoin price was $13.8, so I half-jokingly told her:"I will when the bitcoin price reaches $138." There was no way I could expect the price to rise so fast, now I have to keep my words......... 
Oh, I absolutely love these Bitcon love stories. Might this turn into one?
Well, I said it's a "friend", strictly a friend(I would not have lived so far away if...
). And actually she is already married, but yeah we are in very good relationship. 
BTC China is at $160
Jeebus.....last winter one of my friends was asking me when I am gonna pay her a visit(she lives quite far away from where I am), at the time bitcoin price was $13.8, so I half-jokingly told her:"I will when the bitcoin price reaches $138." There was no way I could expect the price to rise so fast, now I have to keep my words.........
Oh, I absolutely love these Bitcon love stories. Might this turn into one?
Thank you kindly, poster above me!
CRAZY!!
The market is currently moving in my preferred direction. Things are going as planned.
Well....you were insane, but somehow more right then me.
Nah, this is just what is to be expected. As the market price goes up more people want to hop on the train. Compared to all the fiat there is in the world Bitcoin is still very small, so even a few billion dollars can produce big swings.
I would be surprised if we didn't reach 10,000 dollars per bitcoin before the end of the year.
10k by end of 2013....? Dear Lord...
https://bitcointalksearch.org/topic/this-is-the-part-where-we-take-the-wall-streeters-money-165552
"This is the Part Where We Take the Wall Streeters' Money"
hehe hell I want 1 satoshi to equal $0.01
The market is currently moving in my preferred direction. Things are going as planned.
Well....you were insane, but somehow more right then me.
Nah, this is just what is to be expected. As the market price goes up more people want to hop on the train. Compared to all the fiat there is in the world Bitcoin is still very small, so even a few billion dollars can produce big swings.
I would be surprised if we didn't reach 10,000 dollars per bitcoin before the end of the year.
10k by end of 2013....? Dear Lord...
The market is currently moving in my preferred direction. Things are going as planned.
Well....you were insane, but somehow more right then me.
Nah, this is just what is to be expected. As the market price goes up more people want to hop on the train. Compared to all the fiat there is in the world Bitcoin is still very small, so even a few billion dollars can produce big swings.
I would be surprised if we didn't reach 10,000 dollars per bitcoin before the end of the year.
The market is currently moving in my preferred direction. Things are going as planned.
Well....you were insane, but somehow more right then me.
The market is currently moving in my preferred direction. Things are going as planned.
Well good thing I took the day off.
Its 3am... I'm afraid to go to bed.. I have class in 4 hours...
looks like I'm sleeping in class.. at this rate, who needs who graduate?
looks like I'm sleeping in class.. at this rate, who needs who graduate?
Jeebus.....last winter one of my friends was asking me when I am gonna pay her a visit(she lives quite far away from where I am), at the time bitcoin price was $13.8, so I half-jokingly told her:"I will when the bitcoin price reaches $138." There was no way I could expect the price to rise so fast, now I have to keep my words.........
Haha Ive said similar things. Just do it, I used to be a frugal (ok downright cheap sometimes) bastard, now I can no longer justify it.
https://blockchain.info/tx/06e67bebec75096cc8072974ff944fef973cecdc5a13e3cac6d3028fc1bd6579
Oops, i broke bitcoins, everybody sell.
Oops, i broke bitcoins, everybody sell.
Fun with raw transactions....
Guys maybe the moon is too close
Mars better? XD
Mars better? XD
Nothing makes sense anymore.
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