Watching that escalate was really spectacular.
What happens this weekend?
Topic: Wall Observer - MtGoxUSD wall movement tracker - page 609. (Read 1811611 times)
http://arstechnica.com/business/2013/02/bitcoin-reaches-an-all-time-trading-high-of-over-33/
now bearish adam would say, this news will inform poeple that bitcoin is at its peak again and its time to sell.
but new bullish adam will say! today is day 1 people... GO!GO!GO!
now bearish adam would say, this news will inform poeple that bitcoin is at its peak again and its time to sell.
but new bullish adam will say! today is day 1 people... GO!GO!GO!
If anything Adam has consistently exaggerated his targets, whenever bullish or bearish.
bitcoin is very much and always has been undervalued, we all know it has the potential to go to 1000$ a coin due to moderate success, but prices have been kept low all this time because the perceived risk was crazy high and early adopters were cashing out a few million dollars, this perceived risk appears to be less and less of a concern these days... and investors (I'm taking real investors, not a bunch of little users buying 1000$ worth...) are now willing to come aboard...
we could very well see 1000$ bitcoins b4 the end of the year.
we could very well see 1000$ bitcoins b4 the end of the year.
Uh oh. Are you becoming slightly bullish? I guess I need to sell my bitcoins now!
lol. I could see triple digits in 1-2 years, but four digits?! That's still two orders of magnitude away.. let's not get ahead of ourselves.
if bitcoin is viewed as a new commodity / money, anything is possible....
bitcoin is very much and always has been undervalued, we all know it has the potential to go to 1000$ a coin due to moderate success, but prices have been kept low all this time because the perceived risk was crazy high and early adopters were cashing out a few million dollars, this perceived risk appears to be less and less of a concern these days... and investors (I'm taking real investors, not a bunch of little users buying 1000$ worth...) are now willing to come aboard...
we could very well see 1000$ bitcoins b4 the end of the year.
we could very well see 1000$ bitcoins b4 the end of the year.
Uh oh. Are you becoming slightly bullish? I guess I need to sell my bitcoins now!
lol. I could see triple digits in 1-2 years, but four digits?! That's still two orders of magnitude away.. let's not get ahead of ourselves.
i sold out to the highest bidder, i lost my bet, whats done is done... i can't take it back and theirs no use being in denial anymore.
bitcoin is being is now being priced by real big shot investors.
we will continue to move up... 50$ is a given 100$ is inevitable and 1000$ is the target
bitcoin is being is now being priced by real big shot investors.
we will continue to move up... 50$ is a given 100$ is inevitable and 1000$ is the target
bitcoin is very much and always has been undervalued, we all know it has the potential to go to 1000$ a coin due to moderate success, but prices have been kept low all this time because the perceived risk was crazy high and early adopters were cashing out a few million dollars, this perceived risk appears to be less and less of a concern these days... and investors (I'm taking real investors, not a bunch of little users buying 1000$ worth...) are now willing to come aboard...
we could very well see 1000$ bitcoins b4 the end of the year.
we could very well see 1000$ bitcoins b4 the end of the year.
Wait, what??? Is this Adam's bullish doppelgänger?
bitcoin is very much and always has been undervalued, we all know it has the potential to go to 1000$ a coin due to moderate success, but prices have been kept low all this time because the perceived risk was crazy high and early adopters were cashing out a few million dollars, this perceived risk appears to be less and less of a concern these days... and investors (I'm taking real investors, not a bunch of little users buying 1000$ worth...) are now willing to come aboard...
we could very well see 1000$ bitcoins b4 the end of the year.
we could very well see 1000$ bitcoins b4 the end of the year.
Uh oh. Are you becoming slightly bullish? I guess I need to sell my bitcoins now!
bitcoin is very much and always has been undervalued, we all know it has the potential to go to 1000$ a coin due to moderate success, but prices have been kept low all this time because the perceived risk was crazy high and early adopters were cashing out a few million dollars, this perceived risk appears to be less and less of a concern these days... and investors (I'm taking real investors, not a bunch of little users buying 1000$ worth...) are now willing to come aboard...
we could very well see 1000$ bitcoins b4 the end of the year.
we could very well see 1000$ bitcoins b4 the end of the year.
Are we going to find some stability around 32.40? I sure hope so. It'd make me a happy pizza roll.
Money that was slowly buying bitcoin got tired of slow accumulation and so it was just DUMPED. this money was supporting an already very unstable 31.xx but its not anymore! so, naturally we will go down....
No way.
lol i reread and deleted it...
looks like were moving up
Money that was slowly buying bitcoin got tired of slow accumulation and so it was just DUMPED. this money was supporting an already very unstable 31.xx but its not anymore! so, naturally we will go down....
No way.
If this is because of panic buying, the liquidity in the market will go down temporarily (and volatility upwards) as people move into bitcoin and not have a stash to buy on lows. Then with the fear of the IRS, the supply of bitcoins on the market could very well remain low for a while. That could drive prices up, which feeds back on the issue again. We could very well end up with $50/bitcoin but very few folks in the US willing to sell them on exchanges.
Morning folks
I just woke up to this:
It would appear after the big breakthrough to the all time high the crowd mind has very little idea of what a Bitcoin is worth That's fine by me. I would prefer that than either bears or bulls having no opposition.
I just woke up to this:
It would appear after the big breakthrough to the all time high the crowd mind has very little idea of what a Bitcoin is worth
That's fine by me. I would prefer that than either bears or bulls having no opposition.This might be panic buying in order to close MtGox accounts.
If MtGox moves all accounts to the US (CoinLab), there will suddenly be a lot of people under IRS scrutiny. Much better to hold bitcoins and close the account...
If MtGox moves all accounts to the US (CoinLab), there will suddenly be a lot of people under IRS scrutiny. Much better to hold bitcoins and close the account...
I do wonder how much this will impact the market and how exactly.
nope. overall I bought. hindsight says i should have sold some over $33
anyway:
From: [email protected]
Sent: Wed 2/27/13 6:28 PM
To: 420
Congratulations! You have won a bet at Bets of Bitcoin. Details are below:
Statement: The Mt. Gox price of bitcoin will break the all time high of 31.91 USD in Febuary.
Link: http://betsofbitco.in/item?id=1233
Your side: Agree
anyway:
From: [email protected]
Sent: Wed 2/27/13 6:28 PM
To: 420
Congratulations! You have won a bet at Bets of Bitcoin. Details are below:
Statement: The Mt. Gox price of bitcoin will break the all time high of 31.91 USD in Febuary.
Link: http://betsofbitco.in/item?id=1233
Your side: Agree
Good job then.
Seriously though, grats to everyone who was strong enough to hold.
i think soon the line will be
"congrats to everyone that was smart enough to sell"
Last price:$32.49900 High:$33.20000 Low:$30.79010 Volume:79911 BTC Weighted Avg:$31.92990
So you sold?
nope. overall I bought. hindsight says i should have sold some over $33
anyway:
From: [email protected]
Sent: Wed 2/27/13 6:28 PM
To: 420
Congratulations! You have won a bet at Bets of Bitcoin. Details are below:
Statement: The Mt. Gox price of bitcoin will break the all time high of 31.91 USD in Febuary.
Link: http://betsofbitco.in/item?id=1233
Your side: Agree
Seriously though, grats to everyone who was strong enough to hold.
i think soon the line will be
"congrats to everyone that was smart enough to sell"
Last price:$32.49900 High:$33.20000 Low:$30.79010 Volume:79911 BTC Weighted Avg:$31.92990
So you sold?
Meanwhile at the bar Denny's, celebrating $32 bitcoins...
Hahaha! I'm a nerd, can't help it.
Bitcoin is fucking sweet and you know it!
Seriously though, grats to everyone who was strong enough to hold.
i think soon the line will be
"congrats to everyone that was smart enough to sell"
Last price:$32.49900 High:$33.20000 Low:$30.79010 Volume:79911 BTC Weighted Avg:$31.92990
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