I'm worried about the time frame it might take for adoption to hit a point where we finally pass ATH. That could take a decade or not even happen in our lifetime
does adoption have anything to with price? I seriously doubt it. hype is what drives it and that's gonna continue being the case for a long time.
You have no clue if you are concluding that hype is the only thing that drives bitcoin price. Sure, hype is a factor, but adoption is another factor, and there are other factors as well, so hopefully you can reconsider your current thoughts about the bitcoin price situation...
the main driving force behind price is poeple willing to speculate that bitcoin will continue to grow
how can we do that when we KNOW there can only ever be 1MB.
1MB is a good number... ... The thing is that we already have enough coins... So I would say the right choice would be to try to be anti-productive and go full retarded masochistic..
I'm worried about the time frame it might take for adoption to hit a point where we finally pass ATH. That could take a decade or not even happen in our lifetime
does adoption have anything to with price? I seriously doubt it. hype is what drives it and that's gonna continue being the case for a long time.
You have no clue if you are concluding that hype is the only thing that drives bitcoin price. Sure, hype is a factor, but adoption is another factor, and there are other factors as well, so hopefully you can reconsider your current thoughts about the bitcoin price situation...
the main driving force behind price is poeple willing to speculate that bitcoin will continue to grow
how can we do that when we KNOW there can only ever be 1MB.
its been friday for like 5 hours now 12 hours if your in chain.
Ahh, but is it Next Friday?
its this friday which was next friday up until a few hours ago at which point next friday became this friday and next friday inherited new meaning, but maybe not, if next friday is always the friday coming, then its always friday.
obviously the market has recovered from the bitstamp hack that happened a year and a half ago. The market looks good enough for me to say that it's probably recovered from the bitfinex hack (even though bitfinex itself has not recovered). It's only a matter of time to secure a full full recovery from the MtGox fraud and/or hack.
Edit: I think we'll see a bit of a repeat of 2015. $750+ will be a pain in the ass resistance... Until it's not anymore.
again someone talking about 700's
thats it, now i'm convinced 800's is baked in the cake.
There is a large triangle formed during the last 4 weeks, it should break one way or another in less than a week. If it will break up, it won't go far IMO, but could form the wave 1 of a new rally. But if it will go up nicely, close to 750$, then correct, then this would be very bullish IMO.
Did you hit your head, Tzupy?
You are coming off as a bit more bullish than usual.
Getting anywhere near the $700s would be a nice little treat for us "hanging in there" for the past couple of months, including the early August crash.
No, I didn't sustain any head or other injury. But it's nice of you not to accuse me of selling my account to some permabull...
I didn't say that it will break up, although I lean that way. I suspect that most of Chinese pump money is still on exchanges and could be put to use soon. While it won't break the 790$ of June, a near future bullish development could strengthen the case for a larger bullish scenario.
Yes... You tend to make some decent analyses, even for an admitted bear. Some of the matter can be 20/20 hindsight, too, but many folks who have been watching bitcoin recognize the overall upward trend that got interrupted by a needed correction that was likely exacerbated somewhat by bitfinex... then if the corrections had already been down and had already been fairly decent, then there remains other bullish dynamics, such as the halvening and the progress of seg wit etc... that give fuel for a potential pump that could end up overshooting $790 or otherwise becoming much more bullish than we had considered to be within the cards.
the form was hacked all account passwords comprised i dont even care. if i start making sense and engaging in intelligent discussion you can assume my account has been hacked.