Wait until the RBICS opens in 2016... Shit will get interesting then. So tight lipped ... gold and BTC holdings they will have?
I wonder if they will show the world their gold holdings FORCING america to prove they have gold..
Topic: Whats taking so long? (Read 4422 times)
I was just over in the FB stock forum and saying the same thing. What's taking so long for FB stock to hit $1000/share? I just don't understand. It should be at moon by now.
Lol.
Lol.
$400 is possible, but won't be easy, there is a very strong support at that level. $500-550 is very likely.
i think not only the bubble won't happen but also A big crash is coming !
how big is big?
If it retreats to $500-550 support level, the likelihood of which is not low, it's not a crash, or at least not a big one.
the crash hasn't started yet, this expected rally up is taking too long, people will soon start dumping, $400 could be a very easy target
i think not only the bubble won't happen but also A big crash is coming !
how big is big?
If it retreats to $500-550 support level, the likelihood of which is not low, it's not a crash, or at least not a big one.
When most of the market expects a bubble then it really is no surprise when the opposite occurs. (Or at least a sideways meandering).
+1
People expected new ATHs to happen each 6-7 months as in the past, this didn't happen, the new bubble should have already formed by now, but it didn't, not even an indication it's starting to form, on the contrary, the price is hardly holding here and could go down to $500-550 support level.
Conclusions:
1) 2013 bubbles (November and perhaps April too) were likely triggered by Mt.Gox fake bot trading as evidence suggests, with China taking over later when the bubble already started forming;
2) It takes significantly more capital to move marketcap from $10 bln to $100 bln;
3) I expect another 12 months of BTC price not going above $1000, it may reach $1000 this year, everybody will be singing "new ATH soon!" only later to see it go down a few hundred and swing back and forth between $500-$1000, still a good investment, compared to many others, but certainly it won't perform as it did before, because the kind of capital required to move the market is simply not there (remember, 3600 bitcoins are added to supply daily that somebody has to keep buying just to keep the price at this level + some hodlers selling too).
i think not only the bubble won't happen but also A big crash is coming !
When most of the market expects a bubble then it really is no surprise when the opposite occurs. (Or at least a sideways meandering).
+1
People expected new ATHs to happen each 6-7 months as in the past, this didn't happen, the new bubble should have already formed by now, but it didn't, not even an indication it's starting to form, on the contrary, the price is hardly holding here and could go down to $500-550 support level.
Conclusions:
1) 2013 bubbles (November and perhaps April too) were likely triggered by Mt.Gox fake bot trading as evidence suggests, with China taking over later when the bubble already started forming;
2) It takes significantly more capital to move marketcap from $10 bln to $100 bln;
3) I expect another 12 months of BTC price not going above $1000, it may reach $1000 this year, everybody will be singing "new ATH soon!" only later to see it go down a few hundred and swing back and forth between $500-$1000, still a good investment, compared to many others, but certainly it won't perform as it did before, because the kind of capital required to move the market is simply not there (remember, 3600 bitcoins are added to supply daily that somebody has to keep buying just to keep the price at this level + some hodlers selling too).
It's all coming together. Adoption by big businesses like overstock, dish, newegg etc helps convince the world that bitcoin is serious business. The Twinkletf and likely other similar stuff gives Big Money a regulated way in. And the recent bitlicense announcement gives it the blessing of our overlords. All we need now is some kind of spark.
All I see it doing is building a base in price before the next rocket. A good thing.
Let it take its time.
Let it take its time.
For real.
Mmhmm, slow and steady wins the race. Bitcoin is the tortoise so everbody hodl on!
http://youtu.be/BCUtl634zrQ?t=6s
All I see it doing is building a base in price before the next rocket. A good thing.
Let it take its time.
Let it take its time.
For real.
Mmhmm, slow and steady wins the race. Bitcoin is the tortoise so everbody hodl on!
We need huge news. Everyone is waiting, specially the big wallstreet names.
I guess there is some movement off-exchanges too.
Let's hope the Winklevii move quickly!
I guess there is some movement off-exchanges too.
Let's hope the Winklevii move quickly!
LOL. Why we are all not millioners yet - it has been X months!!!
It's pretty obvious that a few of our forum users are here just to get rich quick... (And no, I'm not referring to the OP).
Good point. Without hot Chinese money, it takes even more time to regain strength for the next leap.
Cost of production will keep bitcoin price in check.
We need more buyers.
Only in BTC terms would this be considered taking too long. In what, 4 years we've gone from nothing to multi-billion dollar idea.
Learning about the protocol certainly has that effect of seeming to slow down time. I remember when I first started really getting into it, I was spending hours a day reading up, watching the market, doing some trading.
The excitement factor and extremely fast development definitely can create some false expectations of constant violent action. The reality seems to be a few months correcting, a few more with development of infrastructure and sideways value adjustments, and then one month of complete fucking insanity. Rinse and repeat.
It all seems relative, though. Once you've been through a bubble or two, it's easier to have the overall perspective of just how quickly BTC is growing into a behemoth.
Only in BTC terms would this be considered taking too long. In what, 4 years we've gone from nothing to multi-billion dollar idea.
I expect this to play out over years or decades.
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