Topic: Yawn goes through 150, 50/100 were exciting....$1000 4 next fun time (Read 1266 times)
April 24, 2013, 09:15:22 AM
Up, up, and away we go!
April 24, 2013, 09:14:17 AM
5 - 10T....which isn't that much in the scheme of things
The annual GDP of the entire world is 70T. Nope, not much at all.
um, yeah, nah that's not how it works, forex alone is 1460T a year , 4T a day, Combined GDP is zip of SFA. You have to remember value by previous years also
here a pic (except we are 15 pixels now)
That's trade volume. That's like saying a businesses' turnover is how much it is making. You didn't include the 1.2 quadrillion derivatives market I notice.
In the same way as market cap does not represent the whole value if you sell right back
April 24, 2013, 09:09:21 AM
5 - 10T....which isn't that much in the scheme of things
The annual GDP of the entire world is 70T. Nope, not much at all.
um, yeah, nah that's not how it works, forex alone is 1460T a year , 4T a day, Combined GDP is zip of SFA. You have to remember value by previous years also
here a pic (except we are 15 pixels now)
That's trade volume. That's like saying a businesses' turnover is how much it is making. You didn't include the 1.2 quadrillion derivatives market I notice.
April 24, 2013, 09:04:53 AM
I still get excited every dollar it goes up.
April 24, 2013, 08:54:08 AM
5 - 10T....which isn't that much in the scheme of things
The annual GDP of the entire world is 70T. Nope, not much at all.
um, yeah, nah that's not how it works, forex alone is 1460T a year , 4T a day, Combined GDP is zip of SFA. You have to remember value by previous years also
here a pic (except we are 15 pixels now)
April 24, 2013, 08:24:03 AM
5 - 10T....which isn't that much in the scheme of things
The annual GDP of the entire world is 70T. Nope, not much at all.
April 24, 2013, 07:17:32 AM
Quote
we may be seeing a time compression events on a scales that has not occurred before.
We saw something similar in bank and airline stocks in 2008-2009. The market is based on a) raw emotion and b) available funds. That seems to be it and that's a great recipe for volatility.
if we get to 100K 200K in 5 years and it stabilizes...we will have rewritten the books
A price that high under supporting volume is simply not possible. BTC would have to become the economic vehicle of half the world to attain a price like that.
watch this space
it appeared to me it would only need to be worth 5 - 10T....which isn't that much in the scheme of things
in fact the bigger it gets it actually becomes useful to large companies/investors and banks
April 24, 2013, 07:16:33 AM
ha its excitting for me cuz (though i was buying at 3.50 i spent all my bitcoins. did not know what i had at the time...did it again at 14 spent them all, he he) ILL be EVEN!!!! WAHOOOOOOO
April 24, 2013, 07:08:45 AM
Quote
we may be seeing a time compression events on a scales that has not occurred before.
We saw something similar in bank and airline stocks in 2008-2009. The market is based on a) raw emotion and b) available funds. That seems to be it and that's a great recipe for volatility.
if we get to 100K 200K in 5 years and it stabilizes...we will have rewritten the books
A price that high under supporting volume is simply not possible. BTC would have to become the economic vehicle of half the world to attain a price like that.
April 24, 2013, 07:03:52 AM
Quote
we may be seeing a time compression events on a scales that has not occurred before.
We saw something similar in bank and airline stocks in 2008-2009. The market is based on a) raw emotion and b) available funds. That seems to be it and that's a great recipe for volatility.
if we get to 100K 200K in 5 years and it stabilizes...we will have rewritten the books
April 24, 2013, 07:02:47 AM
Quote
we may be seeing a time compression events on a scales that has not occurred before.
We saw something similar in bank and airline stocks in 2008-2009. The market is based on a) raw emotion and b) available funds. That seems to be it and that's a great recipe for volatility.
April 24, 2013, 07:00:46 AM
Sort of become passe....now as it has been to 260 plus...remeber when if it would go through 50 or 100 was exciting
It's only going to get hyped again/pumped in here when we go to 1000, then 10,000, 10000K or 10, 1, 0.1. 0.01 (imagine what you could buy up)
I confess I miss the adrenaline rush
However I think that there are few graph like this recovery graph before, and defn if it i can top out at about 600 before next crash....it will be close to rewriting the books...unfortunately....people will see recovery ability and may not sell out so easily....and so less chances for cheap coins....we can only hope for waves and waves of easily spooked noobs
we may be seeing a time compression events on a scales that has not occurred before.
I really think analysis's in their usual markets are going to have to stand back, slack jawed as they see the incomprehensible to happen before them.
It's only going to get hyped again/pumped in here when we go to 1000, then 10,000, 10000K or 10, 1, 0.1. 0.01 (imagine what you could buy up)
I confess I miss the adrenaline rush
However I think that there are few graph like this recovery graph before, and defn if it i can top out at about 600 before next crash....it will be close to rewriting the books...unfortunately....people will see recovery ability and may not sell out so easily....and so less chances for cheap coins....we can only hope for waves and waves of easily spooked noobs
we may be seeing a time compression events on a scales that has not occurred before.
I really think analysis's in their usual markets are going to have to stand back, slack jawed as they see the incomprehensible to happen before them.
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