Topic: Warning: How many of you Bears have ever been a victim of a Short Squeeze? - page 15. (Read 43772 times)
November 06, 2011, 05:44:06 PM
Haven't you been saying this for like a month now?
November 06, 2011, 05:32:46 PM
USD opens LOWER. apparently markets like what coming out of Europe. if this holds that means assets will rally tomorrow including Bitcoin. look out...
November 05, 2011, 10:48:53 AM
massive shift in bids across the mountain towards price. lotsa buyers.
keep shorting into it please.
keep shorting into it please.
When I read this, I actually did short into it.
A+, great service, would use again
November 05, 2011, 09:57:48 AM
well.. I think the 15k+ $3 wall having been destroyed in matter of few hours might have hid the cross from view for the time being.. unless this is a false breakout.
I really hope this time going down we find the real bottom. It would be bad to lose even more miners when it's perfect time for them in winter also.
Once we turn this around, we can all enjoy some family time during the holiday season with a hope for a happy bitcoin new year to wrap the bubble up.
I really hope this time going down we find the real bottom. It would be bad to lose even more miners when it's perfect time for them in winter also.
Once we turn this around, we can all enjoy some family time during the holiday season with a hope for a happy bitcoin new year to wrap the bubble up.
November 05, 2011, 09:54:22 AM
Is there anyone know what's the popular idea of the venture capital funds in Silicon Valley towards bitcoin?
I don't know it, but the current price of Bitcoin gives a clue: If I were an investor believing in Bitcoin, I'd buy up a considerable amount even before investing in a business. Since the market capitalization is currently at a meager 25 Million, we can conclude that this is not happening. May happen any time, though. Some serious investors do watch Bitcoin. But they don't trust it enough so far to buy for even for a tiny amount like $10M.
November 05, 2011, 07:25:35 AM
If the price is going up in the next few days, we will be seeing a golden cross.
Can you post here where you see a potential golden cross? (which chart, which averages, which timescale? thank you
November 05, 2011, 02:14:11 AM
1. The long term average trend line is up now. The price had once been so low for a few days, and the price has been staying up front 3.00 for such a long time.
2. Temporarily, we are not in a dead cross danger in the next week.
3. If the price is going up in the next few days, we will be seeing a golden cross.
3. The average media are now seem to past the first stage of knowing bitcoin. Now they start to accept bitcoin as one part of this world. One may use it, have it, or not. It's already a choice now.
P.S.
Will you people stop humiliating each other? This is speculation board, not bitching board.
Is there anyone know what's the popular idea of the venture capital funds in Silicon Valley towards bitcoin?
2. Temporarily, we are not in a dead cross danger in the next week.
3. If the price is going up in the next few days, we will be seeing a golden cross.
3. The average media are now seem to past the first stage of knowing bitcoin. Now they start to accept bitcoin as one part of this world. One may use it, have it, or not. It's already a choice now.
P.S.
Will you people stop humiliating each other? This is speculation board, not bitching board.
Is there anyone know what's the popular idea of the venture capital funds in Silicon Valley towards bitcoin?
November 04, 2011, 05:30:37 PM
And I would posit that if it were not for 'hoarders', the current rate of inflation in Bitcoin would render it's value vastly less than what we see today. There are, I feel, legitimate arguments for a much lower value of BTC being a good thing, but I hear next to nobody trying to make them.
I was trying to make them much earlier, but everyone just hounded me with "bear" label, and I realized it was because I didn't fit into one of the main molds around here: self-important nerds, scam artists, and ideologues who could care less about rationale.
November 04, 2011, 03:36:33 PM
Sorry, I didn't check the quote before submitting the post, if I changed your meaning, or attributed a post to you that wasn't, I apologize.
I truly don't care if I sell my Gold for 1BTC or for 10BTC, as long as I can turn it around making a profit.
Because the truth of the matter is: Shit is calculated in USD! That's not likely to change. All I do (besides the above) is give people an outlet other than MTGOX or their secure vault wallet. So I add a couple of transactions (customer -> store -> bitmarket or my wallet) which earn miners a wee bit and help to diversify the market (Germans buying BitCoins I received from South Americans etc etc).
As for transaction safety: My business is registered with German Tax Authorities, I have my adress and my real name out there. If you deal with shady outlets and get ripped off, that sucks. I am doing everything in my power to satisfy my customers.
Also: Any purchase on the internet requires a little faith, I guess.
I didn't mean to (and did not) dog on your service specifically. After having a peek at your site it seems like your prices are not totally out-of-line, though it is in fact the case that I can obtain the same items with less expense, more speed, and more safety at this time. That is a simple fact of life even if the 'must use Bitcoin only for buying stuff right now' people don't want to face up to it.
I hope that your business succeeds and may in fact patronize it someday. I have a bad feeling, though, that at about the time it is truly needed it will become unavailable.
November 04, 2011, 03:23:27 PM
I would really like to see a bitcoin-gold p2p exchange. Even biddingpond could be used for this. We just need an active community of people who trade little bits of gold (small denominations), then we can easily convert between gold and bitcoins in small volumes. Small volumes are more useful for everyday purchases. We can then offer to pay people in gold. I don't have any disposable USD, but I do have enough bitcoins to buy few grams at spot. coinabul wants a $100 premium on 2.5g.
Since for me as a merchant, BitCoins are mostly a way to move money, I don't have much to chime in discussion-wise. But if you'd like to buy smallish amounts of valuables, why don't you give me a try: BitCoinCommodities.com
Also: every one of you is probably right - it's just a matter of time :-D
Just to set the record straight, you mis-quoted me.
But I will chime in to point out that the (mis-quoted) text is exactly why I continue to feel that calls for Bitcoin to only be used for buying shit are misguided at this time. I'm not going to be ripped off on trinkets just for the sake of 'supporting' the Bitcoin project, especially when the buyer takes on a hell of a lot of the risk when using Bitcoin relative to using something with a charge-back potential. (I just got back from a pleasant transaction obtaining the material in question and payed a premium of around 13% which was exceptionally high because I wanted specialty items. My risk of getting ripped off was near zero, and I got to evaluate the items before my money was taken.)
And I would posit that if it were not for 'hoarders', the current rate of inflation in Bitcoin would render it's value vastly less than what we see today. There are, I feel, legitimate arguments for a much lower value of BTC being a good thing, but I hear next to nobody trying to make them.
Sorry, I didn't check the quote before submitting the post, if I changed your meaning, or attributed a post to you that wasn't, I apologize.
I truly don't care if I sell my Gold for 1BTC or for 10BTC, as long as I can turn it around making a profit.
Because the truth of the matter is: Shit is calculated in USD! That's not likely to change. All I do (besides the above) is give people an outlet other than MTGOX or their secure vault wallet. So I add a couple of transactions (customer -> store -> bitmarket or my wallet) which earn miners a wee bit and help to diversify the market (Germans buying BitCoins I received from South Americans etc etc).
As for transaction safety: My business is registered with German Tax Authorities, I have my adress and my real name out there. If you deal with shady outlets and get ripped off, that sucks. I am doing everything in my power to satisfy my customers.
Also: Any purchase on the internet requires a little faith, I guess.
November 04, 2011, 02:42:11 PM
I would really like to see a bitcoin-gold p2p exchange. Even biddingpond could be used for this. We just need an active community of people who trade little bits of gold (small denominations), then we can easily convert between gold and bitcoins in small volumes. Small volumes are more useful for everyday purchases. We can then offer to pay people in gold. I don't have any disposable USD, but I do have enough bitcoins to buy few grams at spot. coinabul wants a $100 premium on 2.5g.
Since for me as a merchant, BitCoins are mostly a way to move money, I don't have much to chime in discussion-wise. But if you'd like to buy smallish amounts of valuables, why don't you give me a try: BitCoinCommodities.com
Also: every one of you is probably right - it's just a matter of time :-D
Just to set the record straight, you mis-quoted me.
But I will chime in to point out that the (mis-quoted) text is exactly why I continue to feel that calls for Bitcoin to only be used for buying shit are misguided at this time. I'm not going to be ripped off on trinkets just for the sake of 'supporting' the Bitcoin project, especially when the buyer takes on a hell of a lot of the risk when using Bitcoin relative to using something with a charge-back potential. (I just got back from a pleasant transaction obtaining the material in question and payed a premium of around 13% which was exceptionally high because I wanted specialty items. My risk of getting ripped off was near zero, and I got to evaluate the items before my money was taken.)
And I would posit that if it were not for 'hoarders', the current rate of inflation in Bitcoin would render it's value vastly less than what we see today. There are, I feel, legitimate arguments for a much lower value of BTC being a good thing, but I hear next to nobody trying to make them.
November 04, 2011, 01:51:31 PM
I would really like to see a bitcoin-gold p2p exchange. Even biddingpond could be used for this. We just need an active community of people who trade little bits of gold (small denominations), then we can easily convert between gold and bitcoins in small volumes. Small volumes are more useful for everyday purchases. We can then offer to pay people in gold. I don't have any disposable USD, but I do have enough bitcoins to buy few grams at spot. coinabul wants a $100 premium on 2.5g.
Since for me as a merchant, BitCoins are mostly a way to move money, I don't have much to chime in discussion-wise. But if you'd like to buy smallish amounts of valuables, why don't you give me a try: BitCoinCommodities.com
Also: every one of you is probably right - it's just a matter of time :-D
November 04, 2011, 01:29:40 PM
cypherdoc =
LOL! thats pretty funny.
ElectricMucus: "please give me coins @$0.01!"
November 04, 2011, 01:25:22 PM
cypherdoc =
November 04, 2011, 01:18:35 PM
VIX fear gauge just missed getting under 30 but should by the end of the day or Monday.
Then let the ramp begin!
Then let the ramp begin!
November 04, 2011, 12:51:05 PM
massive shift in bids across the mountain towards price. lotsa buyers.
keep shorting into it please.
keep shorting into it please.
November 04, 2011, 12:47:09 AM
Dude; seriously, you need some help.
Dude; seriously, you should liquidate your short position before you get zhoutonged. Dude.
nice try on the change in strategy (deception). sorry, i haven't and won't sell/short a Bitcoin for at least 10 yrs.
The strategy is not deception, it's just reminding you and everyone else that claiming something doesn't make it true. (I have no short positions, so you can give up with that silly claim).
But you knew that, you just like to look like a fool, I think.
November 03, 2011, 11:20:17 PM
nah, gold will never reach the status and price you hope it will. come on over to my gold thread for an in depth discussion of why.
https://bitcointalksearch.org/topic/gold-i-smell-a-trap-35956
Thread is to long and tedious, but I'm betting that you end up being wrong, and possibly amazingly so.
I see Bitcoin mostly as a currency (means of transferring value) and not so much as a 'store of value' although given the inflationary aspects of Bitcoin, I would not rule out it serving reasonable well in that capacity. One of the biggest draws of Bitcoin to me is that it offers the ability to more conveniently move value around. Gold, OTOH, is a true store of value in my book, and a bigger interest of mine than is Bitcoin. I got into gold earlier than you it sounds like, and unlike you, I'm not even close to bailing (which I will do in a heartbeat when if/when I sense that the time is right.)
I may part with an once or two of gold (or some silver) in trade for BTC, but only if/when the conditions are extremely favorable to me. That most likely means finding someone who happens to have a lot of BTC and no reasonable way to convert it other than a face-to-face meeting. Like if the exchanges lock up for instance.
I would really like to see a bitcoin-gold p2p exchange. Even biddingpond could be used for this. We just need an active community of people who trade little bits of gold (small denominations), then we can easily convert between gold and bitcoins in small volumes. Small volumes are more useful for everyday purchases. We can then offer to pay people in gold. I don't have any disposable USD, but I do have enough bitcoins to buy few grams at spot. coinabul wants a $100 premium on 2.5g.
November 03, 2011, 09:43:32 PM
nah, gold will never reach the status and price you hope it will. come on over to my gold thread for an in depth discussion of why.
https://bitcointalksearch.org/topic/gold-i-smell-a-trap-35956
Thread is to long and tedious, but I'm betting that you end up being wrong, and possibly amazingly so.
I see Bitcoin mostly as a currency (means of transferring value) and not so much as a 'store of value' although given the inflationary aspects of Bitcoin, I would not rule out it serving reasonable well in that capacity. One of the biggest draws of Bitcoin to me is that it offers the ability to more conveniently move value around. Gold, OTOH, is a true store of value in my book, and a bigger interest of mine than is Bitcoin. I got into gold earlier than you it sounds like, and unlike you, I'm not even close to bailing (which I will do in a heartbeat when if/when I sense that the time is right.)
I may part with an once or two of gold (or some silver) in trade for BTC, but only if/when the conditions are extremely favorable to me. That most likely means finding someone who happens to have a lot of BTC and no reasonable way to convert it other than a face-to-face meeting. Like if the exchanges lock up for instance.
November 03, 2011, 08:57:18 PM
won't sell/short a Bitcoin for at least 10 yrs.
I put this quote up just to nail you on that
well, i suppose if it hits $1000 in 5 yrs, i'd have to reconsider
At 0.001 BTC a USD it would be practically worthless. You would be busy grieving about food and about that gold you once had...
nah, gold will never reach the status and price you hope it will. come on over to my gold thread for an in depth discussion of why.
https://bitcointalksearch.org/topic/gold-i-smell-a-trap-35956
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