Interesting research paper from The National Australia Bank.
http://www.scribd.com/doc/192730349/...to-replace-AUD
Interesting research paper from The National Australia Bank.
http://www.scribd.com/doc/192730349/...to-replace-AUD
No matter what existing financial experts predict they can't be sure of what is to come.
Just looking at the world drug market where most Governments are not only shut out of any profits but spend billions fighting a losing battle, Bitcoins fit in perfectly.
Could go either way but it certainly is a great story.
In "MORE IMPORTANT" news, HISTORY OF THE WORLD, PT. 1 is on Sundance channel right now.
its good to be the kingOriginally Posted by DRK Star
Markets re-opened to wider trading after Christmas and BTC has shot up like a rocket to $800.
breakout over 750 on a very solid 10 day pattern. behaving like a real commodity here. Built slowly to resistance and popped through nicely.
800 & 900 level will require the same slow work.
i have actually been thinking as I have been watching it that most of those who bought above this level (that are easily shook) have probably sold already. So when the price hits next level there prolly wont be too much selling pressure.
The fact that it broke 750 the way it did says to me that it is possessed by some new energy for now. Or it just got fluffed up by the Winkelvii so they can get out up here.
BTC may walk the dog a bit up here. I dont think it will pop like the old days, but who knows.
10 day chart
Last edited by Sanlmar; 12-27-2013 at 12:39 AM.
So please take the time to sponsor a bitcoin investor.
Your contribution of $821 may prevent an ugly chart pattern. I fear for the future if the next candle painted is red.
You will never see your money again but you will receive your struggling Bitcoin investor's photo & personal story in the mail in about 15 days - approximately the time it takes Mt Gox to clear your transaction.
Just knowing someone across the globe cares means more than you can imagine.
Failing to give may cause the needy to seek important life skills training that have so far been ignored.
im not even calling foul here because its seriously brilliant.... but when you can manipulate market prices 8-10% by sacrificing 1% of your bitcoins in a flurry of buy/sell orders, then after you stop and the market tanks you just buy back those bitcoins and start over in a few days, i mean, if thats not a pyramid scheme, shouldnt we just call it one until we come up with a better name?
"Birds born in a cage think flying is an illness." - Alejandro Jodorowsky
"America is not so much a nightmare as a non-dream. The American non-dream is precisely a move to wipe the dream out of existence. The dream is a spontaneous happening and therefore dangerous to a control system set up by the non-dreamers." -- William S. Burroughs
more pump and dump than pyramid. plus, you get to say both "pump," and "dump."
yeah, thats an ultra stealthy bitcoin mining malware central command & control console.
"Birds born in a cage think flying is an illness." - Alejandro Jodorowsky
"America is not so much a nightmare as a non-dream. The American non-dream is precisely a move to wipe the dream out of existence. The dream is a spontaneous happening and therefore dangerous to a control system set up by the non-dreamers." -- William S. Burroughs
Sorry if I trigger strobe induced epilepsymore pump and dump than pyramid. plus, you get to say both "pump," and "dump."
:
Dump & Pump
Sell $2.5 million and float back up to original price level for $12.95. Jordan Belfort lives!
Last edited by Sanlmar; 01-02-2014 at 12:08 AM.
$1,014.57
Sonatine: You're making a run at it, aren't you?
Rolling up a stake and going to $2000
I'm right, right?
Bitcoin: I can beat the game. - Maybe.
$1035.
It's obviously been going on much slower trend up as of late which can be a good thing for a lot of markets but as we've seen in the past it don't mean shit for something as volatile as bitcoin.
how can we start a pfa investment fund?
if we got a group of investors together, and if sanlmar thinks he is +ev, is there anyway for druff to act as an escrow?
One thing I have discovered, when the Bitcoin price is super strong, all the other scrypt based coins take a plunge in value... except for Litecoin.Sonatine: You're making a run at it, aren't you?
Rolling up a stake and going to $2000
I'm right, right?
Bitcoin: I can beat the game. - Maybe.
I wish that I cashed my Netcoins for Bitcoins last week!
Nice consistent run up since the last sell-off/Chinese issue. Hardly looks like a bounce.
I'm expecting a lot of volatility to return, now the price has crested the $1,000 threshold.
Personally, I wouldn't be buying them at any price, if I had to use real cash to get into the market.
Bitcoins are gonna make a run at 2k during the next ten days. And then crash back down to 700. Work their way back and then make another run at 2k. And at some point eary to mid summer make it to 3k. How and why? Stupidity and greed. There are huuuuge segments of the U.S. population that bitcoins are just now becoming a thing to, and these segments are gonna enter the market because it's cool, hip, and once (and maybe will again....) money was made. I think drk has been the main person comparing bitcoins to beanie babies. Love the premise but disagree about the timing because while they've been faddish to a small group of anarchists, drug enthusiasts, paulites, etc., bitcoins are just now entering into suburbia's conscience. Soccer moms are gonna go nuts for bitcoins (and dogecoins). And that's just one (sizable and with money to burn) untapped segment...
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