We are in green 7 weeks in a row first time in 2 years - page 2.

smith coins

hero member

Activity: 504

Merit: 500

Quote from: jehst on October 28, 2015, 11:41:05 AM

We haven't stayed above $300 for more than 24 hours this year. We're struggling at 299 as we speak. These next few days are the moment of truth. Is $300 still the ceiling, or is it going to be the new floor?

I think that bitcoin has been moved to the next new floor.
Most of us don't want to see again the price falling below $300.
I hope every next upcoming weeks will be green and no red please.

Kevin77

legendary

Activity: 1652

Merit: 1057

Quote from: jehst on October 28, 2015, 11:41:05 AM

We haven't stayed above $300 for more than 24 hours this year. We're struggling at 299 as we speak. These next few days are the moment of truth. Is $300 still the ceiling, or is it going to be the new floor?

May be you're right as per the current scenario, bitcoin may stick around $300 levels for some times with respect to supply and demand concerns. it may test some higher levels too, but will sustain around $300 levels as it seems a good price for time being.

zby

legendary

Activity: 1594

Merit: 1001

hmm - the question is if the seven red weeks that'll come later will eat the 7 green weeks

Anyone had a dream on that?

jehst

hero member

Activity: 798

Merit: 1000

21 million. I want them all.

We haven't stayed above $300 for more than 24 hours this year. We're struggling at 299 as we speak. These next few days are the moment of truth. Is $300 still the ceiling, or is it going to be the new floor?

Dilla

hero member

Activity: 588

Merit: 500

Quote from: smith coins on October 28, 2015, 10:52:57 AM

Well it is still green, for 7 weeks almost.
Only today the price of bitcoin has been increased too much +$11.78
Which makes bitcoin price of $306.18, i think that most of us are happy that the price has been increased right?

Yes. We've had cheap coins all year, it's their own damn fault if they want the price to go lower for cheaper coins.

smith coins

hero member

Activity: 504

Merit: 500

Well it is still green, for 7 weeks almost.
Only today the price of bitcoin has been increased too much +$11.78
Which makes bitcoin price of $306.18, i think that most of us are happy that the price has been increased right?

Amph

legendary

Activity: 3248

Merit: 1070

Quote from: Biodom on October 28, 2015, 08:46:06 AM

Quote from: Shiver on October 28, 2015, 08:14:27 AM

I put myself in the group of "slow and steady growth". The reason I say that is because volatility is great for traders, but the average Joe wondering where to park his money needs confidence in some kind of stability on annual returns, and they are also the majority of the population. $2-3 gains per day would be fantastic imho.

$2-3 a day is NOT slow and steady, it is 133-361% a year.
It is hardly slow.

people are accustomed to the last ath were the gain was enormous, we skyrocketed from 90 to 1200 in two weeks, unbelievable, almost $80 per day

it's clear that 2% seems a dot in comparison

OrientA

sr. member

Activity: 462

Merit: 250

Quote from: Shiver on October 28, 2015, 08:14:27 AM

I put myself in the group of "slow and steady growth". The reason I say that is because volatility is great for traders, but the average Joe wondering where to park his money needs confidence in some kind of stability on annual returns, and they are also the majority of the population. $2-3 gains per day would be fantastic imho.

$0.3 per day gain for the next year is appropriate. In 5 years, $3 per day appreciation is fine. No more than 40% volatility per year .

Foxpup

legendary

Activity: 4542

Merit: 3393

Vile Vixen and Miss Bitcointalk 2021-2023

Quote from: Dilla on October 28, 2015, 08:55:06 AM

Quote from: WhiskeyInTheJar on October 28, 2015, 08:45:44 AM

Hope red will take at least a little bit as green means bad things Cry

Wat.

He's short, hence his username.

Dilla

hero member

Activity: 588

Merit: 500

Quote from: WhiskeyInTheJar on October 28, 2015, 08:45:44 AM

Hope red will take at least a little bit as green means bad things Cry

Wat.

Biodom

legendary

Activity: 3892

Merit: 4331

Quote from: Shiver on October 28, 2015, 08:14:27 AM

I put myself in the group of "slow and steady growth". The reason I say that is because volatility is great for traders, but the average Joe wondering where to park his money needs confidence in some kind of stability on annual returns, and they are also the majority of the population. $2-3 gains per day would be fantastic imho.

$2-3 a day is NOT slow and steady, it is 133-361% a year.
It is hardly slow.

WhiskeyInTheJar

newbie

Activity: 6

Merit: 0

Hope red will take at least a little bit as green means bad things Cry

ssmc2

legendary

Activity: 2002

Merit: 1040

Quote from: brg444 on October 28, 2015, 08:20:27 AM

Quote from: Shiver on October 28, 2015, 08:14:27 AM

I put myself in the group of "slow and steady growth". The reason I say that is because volatility is great for traders, but the average Joe wondering where to park his money needs confidence in some kind of stability on annual returns, and they are also the majority of the population. $2-3 gains per day would be fantastic imho.

The average joe is much more likely to put money into Bitcoin if there are prospects of 100%-500% returns.

Greed is the biggest driver of Bitcoin adoption. You don't generate much of it with "slow and steady growth"

Yep. And couple that with a little FOMO and off to the races we go.

disamsal

full member

Activity: 232

Merit: 100

hope the "green" will go until NYE

brg444

hero member

Activity: 644

Merit: 504

Bitcoin replaces central, not commercial, banks

Quote from: Shiver on October 28, 2015, 08:14:27 AM

I put myself in the group of "slow and steady growth". The reason I say that is because volatility is great for traders, but the average Joe wondering where to park his money needs confidence in some kind of stability on annual returns, and they are also the majority of the population. $2-3 gains per day would be fantastic imho.

The average joe is much more likely to put money into Bitcoin if there are prospects of 100%-500% returns.

Greed is the biggest driver of Bitcoin adoption. You don't generate much of it with "slow and steady growth"

gentlemand

legendary

Activity: 2590

Merit: 3015

Welt Am Draht

Quote from: Shiver on October 28, 2015, 08:14:27 AM

I put myself in the group of "slow and steady growth". The reason I say that is because volatility is great for traders, but the average Joe wondering where to park his money needs confidence in some kind of stability on annual returns, and they are also the majority of the population. $2-3 gains per day would be fantastic imho.

It's the traders who've always been steering the ship and they care not for what Average Joe feels. Maybe when there's enough genuine demand all the market psychos will be swamped in a tidal wave but until then they're calling the shots whether we like it or not.

Shiver

sr. member

Activity: 248

Merit: 252

I put myself in the group of "slow and steady growth". The reason I say that is because volatility is great for traders, but the average Joe wondering where to park his money needs confidence in some kind of stability on annual returns, and they are also the majority of the population. $2-3 gains per day would be fantastic imho.

Denker

legendary

Activity: 1442

Merit: 1016

Quote from: btcbeliever on October 28, 2015, 07:50:02 AM

Quote from: OrientA on October 28, 2015, 07:16:15 AM

Quote from: Zarathustra on October 28, 2015, 02:28:38 AM

Quote from: OrientA on October 27, 2015, 10:34:11 AM

Quote from: jt byte on October 27, 2015, 09:42:39 AM

The green is continuing and it is not stopping

The price is going to reach probably $300 by today.
It has been a huge change the last 15 hours for a bout $9.5

It reached $300 today. It is too fast. Hope it will not break $310. We need some consolidation for the future price rise.

It's slow compared to 2013, when the price went from 200 to 1200 within 1 month.

That was bubble time. The price crashed from 1200 to 200. We do not need any bubble like that. Steady 10-40% per ~~year~~ week appreciation is fine. Less volatility will make bitcoin into a real currency, not just a betting chip.

or even per day. Bitcoin marketcap is still too ridiculously small compared to all the money on Earth. The number of people who know anything about it is still way too small. It needs to expand explosively in fits, filling mainstream media headlines, to fill it's rightful place when the inevitable worldwide collapse of fiat finally arrives.

I like your beliefs my friend but Bitcoin could not handle this huge sums and transaction that would take place and be needed for this to happen. So a slower growth is appreciated from my point of view.We wanna be sustainable and trusted.So let's do it with patience and stepwise.

btcbeliever

member

Activity: 232

Merit: 29

Quote from: OrientA on October 28, 2015, 07:16:15 AM

Quote from: Zarathustra on October 28, 2015, 02:28:38 AM

Quote from: OrientA on October 27, 2015, 10:34:11 AM

Quote from: jt byte on October 27, 2015, 09:42:39 AM

The green is continuing and it is not stopping

The price is going to reach probably $300 by today.
It has been a huge change the last 15 hours for a bout $9.5

It reached $300 today. It is too fast. Hope it will not break $310. We need some consolidation for the future price rise.

It's slow compared to 2013, when the price went from 200 to 1200 within 1 month.

That was bubble time. The price crashed from 1200 to 200. We do not need any bubble like that. Steady 10-40% per ~~year~~ week appreciation is fine. Less volatility will make bitcoin into a real currency, not just a betting chip.

or even per day. Bitcoin marketcap is still too ridiculously small compared to all the money on Earth. The number of people who know anything about it is still way too small. It needs to expand explosively in fits, filling mainstream media headlines, to fill it's rightful place when the inevitable worldwide collapse of fiat finally arrives.

OrientA

sr. member

Activity: 462

Merit: 250

Quote from: Zarathustra on October 28, 2015, 02:28:38 AM

Quote from: OrientA on October 27, 2015, 10:34:11 AM

Quote from: jt byte on October 27, 2015, 09:42:39 AM

The green is continuing and it is not stopping

The price is going to reach probably $300 by today.
It has been a huge change the last 15 hours for a bout $9.5

It reached $300 today. It is too fast. Hope it will not break $310. We need some consolidation for the future price rise.

It's slow compared to 2013, when the price went from 200 to 1200 within 1 month.

That was bubble time. The price crashed from 1200 to 200. We do not need any bubble like that. Steady 10-40% per year appreciation is fine. Less volatility will make bitcoin into a real currency, not just a betting chip.

Topic: We are in green 7 weeks in a row first time in 2 years - page 2. (Read 5600 times)