Topic: What will trigger the next big rally? (Read 2191 times)
where is the damn €-crisis when you need it ?
The day I sell the price will hit all time highs shortly after.
we are soulmates. i bought big on friday and waited for the big drop that usually occours right after i buy. but nothing happened. until sunday.
Curious on what you think the catalyst will be. A major firm adopting BTC? Randomly induced panic buying? More clairvoyance on a non anti-bitcoin stance by the US Gov?
What do you expect to see at the top of Reddit Bitcoin when you wake up to a giant price spike and continued upward movement?
What do you expect to see at the top of Reddit Bitcoin when you wake up to a giant price spike and continued upward movement?
When the smart money starts to believe that the effect of the block reward halving has not yet priced in they will begin again to buy in earnest. Reddit will only know about this long after the fact.
You mean the block reward halving from 50 to 25?? Yet to be price in you say? Waaat?
Some possiblities:
- Amazon.com or another similar company announcing they will accept bitcoin
- The release of a US-based exchange that allows easy, cheap (perhaps ACH) money transfers in and out and a robust trading platform that allows shorting and margin trading.
- Paypal or western union saying they will accept bitcoin and maybe even function as an exchange.
- The US govt declaring bitcoins to be "legal".
- Large financial institutions get involved and start offering bitcoin derivatives
you people are pathetic. the majority of you all missed the boat.
You sound kind of mad, do you want to talk about it?
no not mad at all. its a pipe dream. too many people know about it for there to ever be a substantial move again. it was a once in a lifetime move up to $266. it may get there again but its going to be a grind. since things have slowed down whats the biggest upward price movement in one day?
Once in a lifetime?
What about this move from <$5 to $30 in 2011?
That's two completely insane hype cycles in less than 2 years.
More people know about BTC now than 4 months ago, but if you think:
too many people know about it for there to ever be a substantial move again.
it sounds to me like you haven't talked to too many "people" that exist in the real world outside of these forums.
Rally: "A period of sustained increases in the prices of stocks, bonds or indexes."
It does not mean a massive panic buying like we say to 266
It does not mean a massive panic buying like we say to 266
Based on his recent posts, I'd say he overexposed him self on the last one
you people are pathetic. the majority of you all missed the boat.
You sound kind of mad, do you want to talk about it?
no not mad at all. its a pipe dream. too many people know about it for there to ever be a substantial move again. it was a once in a lifetime move up to $266. it may get there again but its going to be a grind. since things have slowed down whats the biggest upward price movement in one day?
Sorry, was this thread title "What will trigger the next panic buy to 266?"
No, it wasn't.
You obviously don't know much, so here's an investopedia definition to help you out
Rally: "A period of sustained increases in the prices of stocks, bonds or indexes."
It does not mean a massive panic buying like we saw to 266
Hitting a true bottom!
Apparantly not.
*shrugs*
*shrugs*
you people are pathetic. the majority of you all missed the boat.
You sound kind of mad, do you want to talk about it?
no not mad at all. its a pipe dream. too many people know about it for there to ever be a substantial move again. it was a once in a lifetime move up to $266. it may get there again but its going to be a grind. since things have slowed down whats the biggest upward price movement in one day?
you people are pathetic. the majority of you all missed the boat.
You sound kind of mad, do you want to talk about it?
you people are pathetic. the majority of you all missed the boat.
American collage students smoking funny things on holiday and noticing the value increasing again?
All the new services I suspect are being build around the world right now. Remember, it's 2 months ago the hype was there, and when listening to investors it sounds like stuff is being build right now.
When those are released, I suspect they bring partnerships into Bitcoins which are very interesting, which will lead to higher prices.
When those are released, I suspect they bring partnerships into Bitcoins which are very interesting, which will lead to higher prices.
ECB being ECB.
Next rally will be due to huge influx of mining interest and hash power.
The day I sell the price will hit all time highs shortly after.
Few major contry-wide economic colapse, Cyprus stuff again, stock market falling.. etc..
- The Federal Reserve announcing a pending pull back in treasury purchases
- Paypal / Facebook announcing full acceptance of Bitcoin
- The next European country goes up in flames, depositors get Cyprus'd and the flee to safety and march back to $250/BTC begins
- Any debtor nation on Planet Earth hinting at the idea of toying with the notion of adopting Bitcoin as their reserve currency or currency to be used in trade with other nations
- Any debtor nation on Planet Earth that hints at adopting Bitcoin as their nation's currency for all transactions
- A major hedge fund moves into Bitcoin and there is press associated with the move
- Paypal / Facebook announcing full acceptance of Bitcoin
- The next European country goes up in flames, depositors get Cyprus'd and the flee to safety and march back to $250/BTC begins
- Any debtor nation on Planet Earth hinting at the idea of toying with the notion of adopting Bitcoin as their reserve currency or currency to be used in trade with other nations
- Any debtor nation on Planet Earth that hints at adopting Bitcoin as their nation's currency for all transactions
- A major hedge fund moves into Bitcoin and there is press associated with the move
Max Keiser pays Ben Bernanke 50BTC to appear on his show 
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