Why we bubbling up? | Bitcointalksearch.org

phelix

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Quote from: lebing on January 23, 2013, 01:00:14 AM

Quote from: phelix on January 22, 2013, 12:29:02 PM

because of this: http://www.google.com/trends/explore#q=buy%20bitcoins&date=1%2F2011%2025m&cmpt=q

Bitcoin rocket is taking off. Maybe we fly to the moon this time. Cheesy

Thats not a cause, its an effect. But yes, it confirms this increase is not unwarranted

self enforcing feedback loop ---> next bubble ahead

robamichael

full member

Activity: 144

Merit: 100

the google trend seems to correlate much more now, than during the june 11 spike.

good times ahead?

Fiat currencies everywhere are in trouble and this is bullish for bitcoins.

check this one out for comparison:

http://www.google.com/trends/explore#q=buy%20bitcoin%2C%20bond%20bubble&date=1%2F2011%2025m&cmpt=q

correlation is settling in a bit...

lebing

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Enabling the maximal migration

Quote from: phelix on January 22, 2013, 12:29:02 PM

because of this: http://www.google.com/trends/explore#q=buy%20bitcoins&date=1%2F2011%2025m&cmpt=q

Bitcoin rocket is taking off. Maybe we fly to the moon this time. Cheesy

Thats not a cause, its an effect. But yes, it confirms this increase is not unwarranted

phelix

legendary

Activity: 1708

Merit: 1020

because of this: http://www.google.com/trends/explore#q=buy%20bitcoins&date=1%2F2011%2025m&cmpt=q

Bitcoin rocket is taking off. Maybe we fly to the moon this time. Cheesy

muyuu

donator

Activity: 980

Merit: 1000

Quote from: Scott J on January 22, 2013, 11:06:02 AM

I have been wondering if this recent rise is a pump and dump.

Though much more likely to be money from the traditional financial world getting involved rather than an ASIC manufacturer.

Avalon only takes payments in BTC. That causes demand. Then these ASICs hopefully will keep difficulty high.

Both are bullish factors.

I seriously doubt they'd be pumping on BTC, they might store some though.

Scott J

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I have been wondering if this recent rise is a pump and dump.

Though much more likely to be money from the traditional financial world getting involved rather than an ASIC manufacturer.

cheat_2_win

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After looking at the miner operating margin at blockchain.info, it seems miners are hoarding all the newly minted coins. Until the margin reaches around 40%, I am doubtful whether we will see any large scale dump.

Beta-coiner1

hero member

Activity: 532

Merit: 500

Quote from: niko on January 22, 2013, 10:25:30 AM

It's a pump'n'dump by an ASIC manufacturer who is about to start taking orders for their second batch. Besides profiting from the forthcoming dump, they will boost up their sales figures by boosting up miners' expectations, as mining suddenly seems rather profitable.

/speculation

I was thinking something along the same lines.....but a bit different.

I think someone who is dealing with ASIC mining could be doing this to increase the value of BTC first to collect a majority of BTC before a sudden rise in difficulty IF ASIC mining goes popular.The result is that the price may actually increase again due to a potential substantial increase in difficulty while they hoard BTC in addition to your theory.

/speculation on my part part.

muyuu

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No idea why but I'm loving it.

Prepare for difficulty to shoot up if these ASICs are real.

SysRun

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Portland Bitcoin Group Organizer

Here's my speculation. Infiniti poker is going to be as big as pokerstars ever was (bye bye seals with clubs). Some pro poker players are buying in, hoping that demand spikes once infiniti (sp) goes live.

niko

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Merit: 501

There is more to Bitcoin than bitcoins.

It's a pump'n'dump by an ASIC manufacturer who is about to start taking orders for their second batch. Besides profiting from the forthcoming dump, they will boost up their sales figures by boosting up miners' expectations, as mining suddenly seems rather profitable.

/speculation

SkRRJyTC

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Quote from: server on January 22, 2013, 10:17:54 AM

Quote from: SysRun on January 22, 2013, 10:08:41 AM

what are "refunds" mentioned as "mega+refunds" in similar threads.

Help an old guy out.

this

Refunds = An ASIC company gave back a lot of pre order money recently. People think this money went into buying BTC.

Mega = The new 'megaupload' site from Kim dot com. People were/are speculating about Mega accepting BTC as payment.

crazy_rabbit

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RUM AND CARROTS: A PIRATE LIFE FOR ME

Quote from: casascius on January 22, 2013, 10:17:20 AM

Quote from: bitcon on January 22, 2013, 10:04:32 AM

i cant wait for the next crash to get back on my favorite roller coaster i call bitcoin.

My guess is that will be a crash from like $35 to $25. Just a guess though!

don't get me nervous like that!

server

legendary

Activity: 892

Merit: 1002

1 BTC =1 BTC

Quote from: SysRun on January 22, 2013, 10:08:41 AM

what are "refunds" mentioned as "mega+refunds" in similar threads.

Help an old guy out.

this

[edit]
I thought you knew and didn't ask a question.

...something like 'Helping out an old guy' = Tom/bASIC, by pumping the price he can refund with way less btc...

Just a few good friends/Bitcoin "old money" helping him out.

Nevermind Lips sealed

[/edit]

casascius

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The Casascius 1oz 10BTC Silver Round (w/ Gold B)

Quote from: bitcon on January 22, 2013, 10:04:32 AM

i cant wait for the next crash to get back on my favorite roller coaster i call bitcoin.

My guess is that will be a crash from like $35 to $25. Just a guess though!

cheat_2_win

full member

Activity: 215

Merit: 100

Quote from: Scott J on January 22, 2013, 10:13:22 AM

I have to buy some Bitcoins by the end of the month - so hard to know whether to wait for a correction or jump straight into the madness!

My suggestion would be to do whatever your gut says. Bitcoin is too unpredictable for a rational explanation.

mccorvic

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Activity: 518

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I like how all the pseudo-bulls also shout, "BTC is undervalued! BTC is undervalued!" and the second it goes up and they lose their short they start saying "bubble bubble bubble!" with hope they can bring the price back down.

Which is it sons?

Scott J

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I have to buy some Bitcoins by the end of the month - so hard to know whether to wait for a correction or jump straight into the madness!

SysRun

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Portland Bitcoin Group Organizer

what are "refunds" mentioned as "mega+refunds" in similar threads.

Help an old guy out.

bitcon

legendary

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i cant wait for the next crash to get back on my favorite roller coaster i call bitcoin.

Topic: Why we bubbling up? (Read 2593 times)