All posts made by superpatosainz in Bitcointalk's Wall Observer thread

Quote from: molecular on July 21, 2013, 09:05:38 PM

ripietila has a point: it takes time from hearing about bitcoin to buying it. Last year I estimated this time to be 6 weeks (and called the january rocket pretty well using this approach). Maybe for the kind of people having heard of bitcoin during the spring '13 bubble this time is much longer. Many months, maybe even years to gain trust in this new-fangled hacker-thing. They need to see bitcoin is still around after much time to gain that trust.

Everyone agrees that (barring anything really bad happening) bitcoin will go up substantially again at some point in time.

Quite frankly: if this isn't going down soonish, it isn't going down at all.

The clock is ticking, bears...

I heard about bitcoin in 2010, knew everything about it.

Now I so fucking regret not buying, I haven't even bought any yet; I'll take advantage of this bear tendency.

Quote from: Blitz on July 22, 2013, 12:43:52 AM

Personally, what I find pathetic and ridiculous is not being able to acknowledge the realities of bursting and deflating bubbles and ignoring the evidence staring at your face. Suit yourself. Cheesy

Blitz, you are a long term bear, aren't you?

By the way, I agree with you on this (the bubble is bursting), but from my viewpoint (someone who would use bitcoin a bit as a currency, but mostly I want to treat it as high-risk volatile asset), there's nothing that can prevent another bubble from rising up, as sudden as the last one, and even, I'm sure the price will rise again to three digits by the end of 2013 or in 2014.

What does prevent another bubble from rising up? The price can go up!

Quote from: Nightowlace on July 22, 2013, 03:51:45 AM

You know how we avoid bubbles and enjoy stability and gradual growth?

ECONOMY

Right now BTC is good for trading, that's it. What do you do with your bitcoins? Do you purchase things with them? I do, I try to spend them, make them, create business' around them etc. What are you doing to help grow the economy besides sitting on this forum bitching about whether or not your "investment" will grow, or decrease.

Go out to your locally owned business' ask them if they would be willing to accept BTC if you helped them set it up. That's what we do in our local community. How about you introduce BTC to 3 people a day, really talk to them about it. Inform them, give them your contact, get theirs for a follow up.

You really want your investment to grow. Make it happen, be apart of the generating the buzz, the next round of media hype. Right now all people know about is the media hype, the bullshit that is force fed to them. The "oh yeah the internet money that tanked".

I'm tired of hearing the what ifs, the maybes, the hopefully's, the well if. You know what you are hoping for? You're hoping for someone to get off their ass and push BTC to grow. Be that person.

Dunno if you're talking to me but:

1) I use bitcoin both as an investment (why not take advantage of its current unstability?) and as a currency (the way it was supposed to be).

2) I've introduced bitcoin to all my friends.

But yea, your idea on helping businesses didn't come to me, and it's actually a quite good idea, I should do it.

Also, BTC _will_ grow anyways.

Nice motivational speech.

"Team America: World Police"

Well, it's a pity that the price that's at 100 USD is in MtGox, the artificial price exchange.

Well, artificial or not, we are still at 100, and it's been hangin' around for some considerable time. Maybe it's time for arstechnica, engadget and other blogs to write about it and ROCKET IT TO THE MOON?

Bitcoin charts used to be thrilling.

where's Blitz to ruin our bullish predictions?