Bitcoins - about to hit $5,000 per coin today!

[gib]

Why don't you go change your mini-pad "hun" and leave the money talk to the men.

J

J

Yes, or at least try to make some rational arguments instead of this continual “it’s a bubble” claims.

Oh - and $12,900.

[Zillotch]

btc could go much much higher.

what is ur best guesstimate?

[Mr Anabolic]

PARABOLA...
 
◦$0000 - $1000: 1789 days
◦$1000- $2000: 1271 days
◦$2000- $3000: 23 days
◦$3000- $4000: 62 days
◦$4000- $5000: 61 days
◦$5000- $6000: 8 days
◦$6000- $7000: 13 days
◦$7000- $8000: 14 days
◦$8000- $9000: 9 days
◦$9000-$10000: 2 days
◦$10000-$11000: 1 day
◦$11000-$12000: 6 days
◦$12,000-$13,000: 17 hours
◦$13,000-$14,000: 4 hours

One for the history books... THE greatest Ponzi bubble (and crash) in history.

[robcguns]

what is ur best guesstimate?

500k

[Mr Anabolic]

Yes, or at least try to make some rational arguments instead of this continual “it’s a bubble” claims.

Oh - and $12,900.

I already made all my rational points and explained them very clearly and eloquently.  

You guys are both morons... plain and simple.

[gib]

Yes, that's basically it.  They're all certain it's going to $1 million, then they'll all sell at the top together.  

But what is really going to happen is, the exchanges/sell orders will lock up and no one will be able to exit.  The price will cascade many $1000's below where it is now.   Should be quite an event when it happens.  

Why do you think everyone would sell at the same price? They don’t do that with gold, nor with fx rates nor stock. And why do you think exchanges would “lock up”? Even during the last financial cirisis exchanges continued to function.

Oh and $13,000.

[Mr Anabolic]

Why do you think everyone would sell at the same price? They don’t do that with gold, nor with fx rates nor stock. And why do you think exchanges would “lock up”? Even during the last financial cirisis exchanges continued to function.

You'll see. 

You are emotionally attached now... totally delusional.

[gib]

PARABOLA...
 
◦$0000 - $1000: 1789 days
◦$1000- $2000: 1271 days
◦$2000- $3000: 23 days
◦$3000- $4000: 62 days
◦$4000- $5000: 61 days
◦$5000- $6000: 8 days
◦$6000- $7000: 13 days
◦$7000- $8000: 14 days
◦$8000- $9000: 9 days
◦$9000-$10000: 2 days
◦$10000-$11000: 1 day
◦$11000-$12000: 6 days
◦$12,000-$13,000: 17 hours
◦$13,000-$14,000: 4 hours

One for the history books... THE greatest Ponzi bubble (and crash) in history.

I have explained in an earlier post why the term ponzi bubble is no appropriate. There is no person perpetuating any fraud and mathematically the algorithm is pure. I think what you are struggling with is how to value btc. In that regard I urge you to think of it as gold, only better.

Oh and $13,100.

[Mr Anabolic]

I have explained in an earlier post why the term ponzi bubble is no appropriate. There is no person perpetuating any fraud and mathematically the algorithm is pure. I think what you are struggling with is how to value btc. In that regard I urge you to think of it as gold, only better.

Oh and $13,100.

Extraordinary Popular Delusions and the Madness of Crowds

Very similar to crack cocaine.

[gib]

You'll see. 

You are emotionally attached now... totally delusional.

Not at all. I am always very objective with my investment decisions. Its been a key to my success. If we are going to call names then deisional one has been you, by trying to ascribe various values to btc and making various claims about the market hitting a peak etc. If said if before. Everyone should own at least one coin. In a few years time we will see and absolute flood of money into BTC. Right now it’s still a trickle, but it will grow!

Oh and $13,200

[Mr Anabolic]

Not at all. I am always very objective with my investment decisions. Its been a key to my success. If we are going to call names then deisional one has been you, by trying to ascribe various values to btc and making various claims about the market hitting a peak etc. If said if before. Everyone should own at least one coin. In a few years time we will see and absolute flood of money into BTC. Right now it’s still a trickle, but it will grow!

Oh and $13,200

Nothing else except the price matters to you... nothing else.  This is why you make a new post every $100 bucks  lol

It's going to be fun for you when the bubble bursts, but you left all your virtual profits on the table.  You will then disappear from this thread/forum, hanging your head in disgust, shame and be having many suicidal thoughts.

[gib]

Extraordinary Popular Delusions and the Madness of Crowds

Very similar to crack cocaine.

For many people in the world the mass delusion was to trust the government with their wealth whilst having it effectively stolen through money printing. The rational decision is to created a mutually agreed to, unmanipulatable, communally accepted store of value, support by the truth of magic. If you were to get out of the US you would see why this is happening in so many parts of the world. Combine that with everyone having a mobile phone and boom you have in place the ingredients for a financial revolution which is now underway. It cannot be stopped.

I am here to help all getbiggers make sure the don’t avoid the coming reality. It’s still possible to get a piece of the total number of btc. Mr Anabolic in the interests of informing yourself, why don’t you go through the process of buying some, and then reflecting on the experience. It will enable you to have a more informed discussion and it may change your perspective.

If you make a sensible argument I will try to address. For example please explain why you think gold is not a Ponzi scheme or bubble whereas btc is?

Oh and $13,300.

[gib]

Nothing else except the price matters to you... nothing else.  This is why you make a new post every $100 bucks  lol

It's going to be fun for you when the bubble bursts, but you left all your virtual profits on the table.  You will then disappear from this thread/forum, hanging your head in disgust, shame and be having many suicidal thoughts.

You’ve been predicting the bubble would burst and that I would leave the forum since back when the price was 5000! Well I’m still here. If anyone should leave in shame it should be you (kidding please don’t).

My investments are allocated across asset classes and counties and banks and exchanges such that I could pretty well survive (or ideally even thrive) on any significant correction.

Oh and $13,400.

[Mr Anabolic]

For many people in the world the mass delusion was to trust the government with their wealth whilst having it effectively stolen through money printing. The rational decision is to created a mutually agreed to, unmanipulatable, communally accepted store of value, support by the truth of magic. If you were to get out of the US you would see why this is happening in so many parts of the world. Combine that with everyone having a mobile phone and boom you have in place the ingredients for a financial revolution which is now underway. It cannot be stopped.

I am here to help all getbiggers make sure the don’t avoid the coming reality. It’s still possible to get a piece of the total number of btc. Mr Anabolic in the interests of informing yourself, why don’t you go through the process of buying some, and then reflecting on the experience. It will enable you to have a more informed discussion and it may change your perspective.

If you make a sensible argument I will try to address. For example please explain why you think gold is not a Ponzi scheme or bubble whereas btc is?

Oh and $13,300.

I don't have to rehash or explain anything.  5000+ years of history is self-explanatory.  

You are very delusional ignoramus.

[ratherbebig]

meanwhile the people who invested in the movie "get out" are laughing all the way to the bank.

budget $4.5 million.
gross worldwide $254 million.

now THAT is an investment.

[Mr Anabolic]

You’ve been predicting the bubble would burst and that I would leave the forum since back when the price was 5000! Well I’m still here. If anyone should leave in shame it should be you (kidding please don’t).

My investments are allocated across asset classes and counties and banks and exchanges such that I could pretty well survive (or ideally even thrive) on any significant correction.

Oh and $13,400.

Again... an incredibly delusional ignoramus.  Like trying to talk sense to a meth/crack addict.

[gib]

I don't have to rehash or explain anything.  5000+ years of history is self-explanatory.  

You are very delusional ignoramus.

Oh so insults aside you believe gold is more legit because it has been used for 5000 years? You do realise that things evolve a little faster in cyberspace right? A physical payment for goods shipped by sailors on ocean going vessels is done a little faster these days with bitcoin. A media company like Facebook took just years to build instead of many decades with old fashioned print media. If the speed of the adoption is your argument against bitcoin, it’s not a good one. Indeed in the tech world speed (and ease) of adoption is a massive positive as the social networking effect is crucial - speed in adoption is a key metric in predicting success.

Oh and $13,500.

[Zillotch]

gold will b king until the end of time... its very pretty, too.

[gib]

gold will b king until the end of time... its very pretty, too.

I like the feeling of holding gold in my hands. I like the weight of it.

And yes gold will be around for a long time to come. Whether it will appreciate though I am not sure. It’s all dependant on demand. But either way, the fact that gold will be around for a long time in no way negates the validity of bitcoins as a store of value.

[gib]

Again... an incredibly delusional ignoramus.  Like trying to talk sense to a meth/crack addict.

Your best attempt at a rational argument is to call names and make derogatory comments? I’m not sure what to say. Other than perhaps ...

$13,600 ... lol!!!!

[Mr Anabolic]

Oh so insults aside you believe gold is more legit because it has been used for 5000 years? You do realise that things evolve a little faster in cyberspace right? A physical payment for goods shipped by sailors on ocean going vessels is done a little faster these days with bitcoin. A media company like Facebook took just years to build instead of many decades with old fashioned print media. If the speed of the adoption is your argument against bitcoin, it’s not a good one. Indeed in the tech world speed (and ease) of adoption is a massive positive as the social networking effect is crucial - speed in adoption is a key metric in predicting success.

Oh and $13,500.

YES.

All this will be very fun to read in a few months/years.  You drank some much crypto Kool-Aid, you're perpetually drunk.  The only thing that will sober you up is when the great bitcoin crash happens.
  
All you've really done in this thread is state your opinions and parrot what you've read from bitcoin websites.    

Bitcoin is the largest bubble in human history.  Why/how you cannot see or admit this is simply mind boggling.  

[Twaddle]

Bitcoin is the largest bubble in human history.  Why/how you cannot see or admit this is simply mind boggling.  

Bigger than the housing bubble of 07-08?   

That was a big bubble, that directly caused the recession of 07-09.  If Bitcoin is a larger bubble, are we headed for a larger recession?   

[Mr Anabolic]

Bigger than the housing bubble of 07-08?  

That was a big bubble, that directly caused the recession of 07-09.  If Bitcoin is a larger bubble, are we headed for a larger recession?  

It terms of parabolic % gains?... absolutely.

Think about this... if bitcoin hits $40K, that's how much the average American earns in a year.  Tulip bulbs did the same thing in 1637.

[gib]

It terms of parabolic % gains?... absolutely.

Think about this... if bitcoin hits $40K, that's how much the average American earns in a year.  Tulip bulbs did the same thing in 1637.

lol at "parabolic gains". Total market cap of BTC is still less than 1% of gold...

[Mr Anabolic]

lol at "parabolic gains". Total market cap of BTC is still less than 1% of gold...

Not market cap you crack head, percentage gains.  Do you know what parabolic means?  Look at a weekly chart of blipcoin.  That is parabolic.