Wait a minute so you are telling me this still only has 34,888,415 out?
I look through my notes (actual ink on paper not a spread sheet...in red: super low float / reg black ink: picks and shovels)...i looked into this thing like 3 years ago and it's been on a watch list ever since. Never bought a cheap share...and then it went BOOM.
And I took notice. Me and a lot of others...if one or more of them have a few bitcoins they are looking to play with...this ride could get wild...
When you surf in Hawaii you will often hear surfers yell, "OUTSIDE!" which roughly translated means, "there is a swell out there coming in beyond the break that is going to turn into a monster, pay attention." There is so much money being created it is washing around the markets...there's probably 500 charts that look like this at the moment.
What can a couple guys with a few bitcoins do to the price...? Billion shares out? Not too much but still can move it...but not even 35 million? The whole entire float is currently about 700 bitcoin. I know 30 year olds with more coins than that and they know way more guys with way more coins than that than I do, and them nerds chat and text or whatever they do frequently, if not everyday...they now have the ability to coordinate...just like the big boys do...and nobody quite knows what to do about it...crashing bitcoin is a fools errand...the banksters know that now...I still expect some crashes but people will just buy...and they are creating the frns to do it with at break neck speed.
Next wave should be bigger...
PS: i originally came here to tease gempicker cuz he bailed early on a real gem...but now I see he can actually pick...low floaters are going to do GREAT in this market. IMO
YMMV JMTC
