Help us to see the light.
he did:
Repeat half year old post ($230). Price is in safe multi year buy zone.
just keep buying, you'll see the light
Topic: Analysis - page 104. (Read 941567 times)
he did:
just keep buying, you'll see the light
Master, we need you. Help us to see the light.
lets see if we see that announced turnaround and subsequent transition into a triangle at $720
PEOPLE PLEASE - this is Masterluc's T/A thread, let's not clutter it up.
Yes Bitcoin and Metcalfe's value is one of the most interesting charts for me.
There had been a strong a correlation in the past between these two.
Right now Bitcoin's price would be highly undervalued!Let's hope for an upwards correction!
There had been a strong a correlation in the past between these two.
Right now Bitcoin's price would be highly undervalued!Let's hope for an upwards correction!
watch what happened when there is no more FUD about the blocksize.
You'll see the bitcoin price correct itself in no time at all.
Thousands, if not millions of people have been watching at the sidelines for the debate to be resolved, but dare not invest in bitcoin while the future is uncertain.
As much as I dislike investing in alts, even I am tempted to switch over to alts, because right now, alts actually seem saver than bitcoin.
Yes Bitcoin and Metcalfe's value is one of the most interesting charts for me.
There had been a strong a correlation in the past between these two.
Right now Bitcoin's price would be highly undervalued!Let's hope for an upwards correction!
There had been a strong a correlation in the past between these two.
Right now Bitcoin's price would be highly undervalued!Let's hope for an upwards correction!
You'll never see 1000+ unless the artificial tps limit is lifted.
That is a bold statement. Quoted for posterity.
Let me add another statement:
We'll see 1000+ almost instantly (let's say 3 weeks) once the tps limit is lifted substantially.
I always thought (and still do) that things like price, adoption and tps rate are only loosely (and sometimes even counter-intuitively) correlated, that is why I call these statements bold. Overly simplistic view.
who cares about your though on correlation ? give us the number, their not that hard to do (and probably already on internet, don't be that lazy when it's about money
)After all, you requesting the number is the one lazy here
There's a funny chart I once posted when Peter tRoll (or someone else) claimed 92% correlation between Bitcoin price and tx rate.
I wonder how Bitcoin even managed to break 1000 with 200Kb average blocksize! Must've been Willybot
Jokes aside, the long-term correlation is now higher, which can be seen clearly.
https://tradeblock.com/bitcoin/historical/1w-p-blksize_per_tot-01071-tps-01071
But you can notice that Bitcoin has approached its practical tps limit in March 2016, and has been staying at it ever since, managing to process some 15% more tps, yet the price has risen from 400+ to 600+ which is a 50% increase.
Cheers for the graph, i'll try to get regression figures from that same data soon.
here is the most interesting correlation :
You'll never see 1000+ unless the artificial tps limit is lifted.
That is a bold statement. Quoted for posterity.
Let me add another statement:
We'll see 1000+ almost instantly (let's say 3 weeks) once the tps limit is lifted substantially.
I always thought (and still do) that things like price, adoption and tps rate are only loosely (and sometimes even counter-intuitively) correlated, that is why I call these statements bold. Overly simplistic view.
who cares about your though on correlation ? give us the number, their not that hard to do (and probably already on internet, don't be that lazy when it's about money
)After all, you requesting the number is the one lazy here
There's a funny chart I once posted when Peter tRoll (or someone else) claimed 92% correlation between Bitcoin price and tx rate.
I wonder how Bitcoin even managed to break 1000 with 200Kb average blocksize! Must've been Willybot
Jokes aside, the long-term correlation is now higher, which can be seen clearly.
https://tradeblock.com/bitcoin/historical/1w-p-blksize_per_tot-01071-tps-01071
But you can notice that Bitcoin has approached its practical tps limit in March 2016, and has been staying at it ever since, managing to process some 15% more tps, yet the price has risen from 400+ to 600+ which is a 50% increase.
^*
I admit, I've been guilty of off-topic posting in luc's thread(s) myself, but you guys are off-topicking in the worst way possible:
You're discussing fundamentals, shmundamentals in one of the best technical threads there is in here
I admit, I've been guilty of off-topic posting in luc's thread(s) myself, but you guys are off-topicking in the worst way possible:
You're discussing fundamentals, shmundamentals in one of the best technical threads there is in here
Ahh, sorry. I just popped in and saw something worth debunking.
Unaware of the history etc.
Will make every effort to remember to remain traderlike
High 8000's and low 9000's have been my prediction for the next bubble too.
the next bubble could be very high, the problem is the next bubble wil never come if we keep going on like this.
An opinion most people don't share. Got anything a little more compelling?
Quote
the blocksize debate that has been going on for so long and still is not resolved, and the centralization and censorship are slowly killing bitcoin, and people are moving on to altcoins because bitcoin just does not support increased capacity at the moment.
Fortunately block size limit seems to be unimportant so far, despite all the doom predicted.
'Resolved' means to your satisfaction, I guess. It seems resolved technically, to my satisfaction - no change for now, followed by a change when we can ALL agree on a hard fork some time in the future.
The lack of political resolution is the worst aspect, leading to some loss of confidence. Confidence will likely return when the fud stops. You can help there
Quote
the price won't magically rise without the transaction volume also rising.
C'mon. It does that all day every day. Look at the charts.
Quote
limit the transaction volume, limit the price and limit the amount of users. the remaining users will flee.
If you mean 'limit the onchain transaction volume', you might be right. Otherwise not.
Limit the price? Have you been looking at the charts???
'limit the amount of users'? I see only evidence that the number of users is increasing. It's anecdotal since there seems to be no better way. Do you have anything compelling to offer in support of your premise?
harrymmmm, you're an ignorant fool. zimmah's absolutely right. You'll never see 1000+ unless the artificial tps limit is lifted. Once it's increased to 2/4/8+ mb, you will see a huge boost in price. The tps limit causes low transaction volume, low adoption rate, thusly low price. Maybe you can't understand this due to your limited intellect, but to the smarter ones, this is so obvious.
I won't bother replying again to this moronic ad hominem., but you should realize that you've supplied nothing but your own opinions. No facts; not even a reasoned argument.
Your talk is really 'cheep'!
You'll never see 1000+ unless the artificial tps limit is lifted.
That is a bold statement. Quoted for posterity.
Let me add another statement:
We'll see 1000+ almost instantly (let's say 3 weeks) once the tps limit is lifted substantially.
I always thought (and still do) that things like price, adoption and tps rate are only loosely (and sometimes even counter-intuitively) correlated, that is why I call these statements bold. Overly simplistic view.
who cares about your though on correlation ? give us the number, their not that hard to do (and probably already on internet, don't be that lazy when it's about money
) You'll never see 1000+ unless the artificial tps limit is lifted.
That is a bold statement. Quoted for posterity.
Let me add another statement:
We'll see 1000+ almost instantly (let's say 3 weeks) once the tps limit is lifted substantially.
I always thought (and still do) that things like price, adoption and tps rate are only loosely (and sometimes even counter-intuitively) correlated, that is why I call these statements bold. Overly simplistic view.
You'll never see 1000+ unless the artificial tps limit is lifted.
That is a bold statement. Quoted for posterity.
Let me add another statement:
We'll see 1000+ almost instantly (let's say 3 weeks) once the tps limit is lifted substantially.
what's more interesting to me is who will pay that price upto $10,000? regular people? But what if they won't join/feed that steep uptrend?
I read some technical price analysis and apparently experts predict that we will hit $1000 in January.
It seems that current market charts looks a lot like these from the Nov 2013 high.
We now see indications that the market is likely to continue to go higher and higher.
Is it truly the last stop before you can buy 'cheaper' bitcoin?
It seems that current market charts looks a lot like these from the Nov 2013 high.
We now see indications that the market is likely to continue to go higher and higher.
Is it truly the last stop before you can buy 'cheaper' bitcoin?
It would be nice if masterluc updates his prediction
https://bitcointalksearch.org/topic/m.16137546
Looks like we're ready for B.
up to 700 we go
It would be nice if masterluc updates his prediction
You'll never see 1000+ unless the artificial tps limit is lifted.
That is a bold statement. Quoted for posterity.
^*
I admit, I've been guilty of off-topic posting in luc's thread(s) myself, but you guys are off-topicking in the worst way possible:
You're discussing fundamentals, shmundamentals in one of the best technical threads there is in here :D
I admit, I've been guilty of off-topic posting in luc's thread(s) myself, but you guys are off-topicking in the worst way possible:
You're discussing fundamentals, shmundamentals in one of the best technical threads there is in here :D
Fortunately block size limit seems to be unimportant so far, despite all the doom predicted.
Just because you don't want to see it, doesn't mean there's no effect.
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