Analysis - page 155. | Bitcointalksearch.org

Eivind Nag

newbie

Activity: 22

Merit: 0

Quote from: notme on September 01, 2015, 05:23:17 PM

Quote from: 600watt on September 01, 2015, 05:05:15 PM

Quote from: molecular on September 01, 2015, 10:19:48 AM

Quote from: hdbuck on August 27, 2015, 04:44:24 AM

Either bitcoin is an Investment commodity (the ultimate one!) that you hold and speculate on
Or internet *stable* cash money that you you keep on spending

But the latter is not synonym with moonlanding.

And thinking you can have both is ATH delusions.

I don't need to have both at the same time. Alternatingly is fine with me.

+1

it depends on internet cash money for how many users(?). if a billion people decide to use it, price has to go to the moon.

if it stays an investment commodity for a few 100k speculators, price may go to the moon.

If a billion people decided to use it for internet cash money we would need MUCH larger blocks.

I found this comment on Reddit to be quite thought provoking regarding block size. It brought a perspective i never though about.

https://np.reddit.com/r/bitcoinxt/comments/3hyb1l/it_seems_like_theres_a_nonetrivial_number_of/cuc4hj6

seleme

legendary

Activity: 2772

Merit: 1028

Duelbits.com

Some nice move is coiling, I guess. It's flat as Bitcoin.

hdbuck

legendary

Activity: 1260

Merit: 1002

Quote from: 600watt on September 01, 2015, 05:05:15 PM

Quote from: molecular on September 01, 2015, 10:19:48 AM

Quote from: hdbuck on August 27, 2015, 04:44:24 AM

Either bitcoin is an Investment commodity (the ultimate one!) that you hold and speculate on
Or internet *stable* cash money that you you keep on spending

But the latter is not synonym with moonlanding.

And thinking you can have both is ATH delusions.

I don't need to have both at the same time. Alternatingly is fine with me.

+1

it depends on internet cash money for how many users(?). if a billion people decide to use it, price has to go to the moon.

if it stays an investment commodity for a few 100k speculators, price may go to the moon.

you have to consider the latter is so less probable tho considering bitcoin's past, but rather young (i'll concede this to you) history.. bitcoin price has mainly been driven from investors and speculators until now rather than some mass adoption or retail bs.

the point being there is no incentive to drop the first, giving up decentralization et al. just based on the hope and *ifs/may/blablabluh* to catch the second.. especially considering the high uncertainty regarding the rest of the financial world nowadays.

that's all.

notme

legendary

Activity: 1904

Merit: 1002

Quote from: 600watt on September 01, 2015, 05:05:15 PM

Quote from: molecular on September 01, 2015, 10:19:48 AM

Quote from: hdbuck on August 27, 2015, 04:44:24 AM

Either bitcoin is an Investment commodity (the ultimate one!) that you hold and speculate on
Or internet *stable* cash money that you you keep on spending

But the latter is not synonym with moonlanding.

And thinking you can have both is ATH delusions.

I don't need to have both at the same time. Alternatingly is fine with me.

+1

it depends on internet cash money for how many users(?). if a billion people decide to use it, price has to go to the moon.

if it stays an investment commodity for a few 100k speculators, price may go to the moon.

If a billion people decided to use it for internet cash money we would need MUCH larger blocks.

600watt

legendary

Activity: 2338

Merit: 2106

Quote from: molecular on September 01, 2015, 10:19:48 AM

Quote from: hdbuck on August 27, 2015, 04:44:24 AM

Either bitcoin is an Investment commodity (the ultimate one!) that you hold and speculate on
Or internet *stable* cash money that you you keep on spending

But the latter is not synonym with moonlanding.

And thinking you can have both is ATH delusions.

I don't need to have both at the same time. Alternatingly is fine with me.

+1

it depends on internet cash money for how many users(?). if a billion people decide to use it, price has to go to the moon.

if it stays an investment commodity for a few 100k speculators, price may go to the moon.

molecular

donator

Activity: 2772

Merit: 1019

Quote from: hdbuck on August 27, 2015, 04:44:24 AM

Either bitcoin is an Investment commodity (the ultimate one!) that you hold and speculate on
Or internet *stable* cash money that you you keep on spending

But the latter is not synonym with moonlanding.

And thinking you can have both is ATH delusions.

I don't need to have both at the same time. Alternatingly is fine with me.

findftp

legendary

Activity: 1022

Merit: 1008

Delusional crypto obsessionist

Quote from: Wexlike on September 01, 2015, 07:49:32 AM

For me, it looks like we are in September of 2011. Roll Eyes

For me we already surpassed December 2011.
It also rhymes with the block reward halving somewhere next year.

Basically I compare 3 day chart 2009-2012 with the weekly chart from 2012-2015.
DMI and RSI also rhymes.

If I'm wrong I'll end up being a bag holder Grin

.
But boy, what a ride it was...

Wexlike

legendary

Activity: 1473

Merit: 1086

For me, it looks like we are in September of 2011. Roll Eyes

h3speros

full member

Activity: 189

Merit: 100

useless charts, they are even different time frame...

maxcarjuzaa

full member

Activity: 188

Merit: 100

mt gox 2011

bitstamp 2013-2015

hdbuck

legendary

Activity: 1260

Merit: 1002

Quote from: Monopoly on August 31, 2015, 02:53:04 PM

Quote from: Tzupy on August 31, 2015, 02:30:24 PM

This could break up very soon, or not at all. Up to about 245$, correction, up to about 270$ and then the long downhill. At least, that's my most probable scenario...

Truly scenario ... everyone that see charts Reach your conclusion ... all people are reaching this conclusion slowly ............

conclusion of the conclusion being more downhill, people might just wanna skip the pump phase. exhaustion et al. so why not just give up?! cuz my bids are lowww.. ^^

Monopoly

hero member

Activity: 546

Merit: 500

Quote from: Tzupy on August 31, 2015, 02:30:24 PM

This could break up very soon, or not at all. Up to about 245$, correction, up to about 270$ and then the long downhill. At least, that's my most probable scenario...

Truly scenario ... everyone that see charts Reach your conclusion ... all people are reaching this conclusion slowly ............

Tzupy

legendary

Activity: 2156

Merit: 1094

This could break up very soon, or not at all. Up to about 245$, correction, up to about 270$ and then the long downhill. At least, that's my most probable scenario...

trinaldao

copper member

Activity: 1218

Merit: 1007

Post your ann & bounty just contact me

Quote from: Mieehayii on August 31, 2015, 01:21:57 AM

this topic make me feel I'm back in 2013

like old topic start at 2012 Cheesy

Yet another analyst

December 16, 2012, 13:07:44

Mieehayii

hero member

Activity: 490

Merit: 500

this topic make me feel I'm back in 2013

Fatman3001

legendary

Activity: 1526

Merit: 1013

Make Bitcoin glow with ENIAC

Quote from: Tzupy on August 30, 2015, 05:52:28 AM

There should be soon a pump or a dump. LTC looks like a bearish pennant (BTC more like a wedge), and BTC may follow.
Regarding the bid sum / ask sum ratio, on Bitfinex, Bitstamp, BTC-E and Coinbase, it has recovered and looks bullish, but on Huobi looks bearish.

Sounds like flat to me

Tzupy

legendary

Activity: 2156

Merit: 1094

There should be soon a pump or a dump. LTC looks like a bearish pennant (BTC more like a wedge), and BTC may follow.
Regarding the bid sum / ask sum ratio, on Bitfinex, Bitstamp, BTC-E and Coinbase, it has recovered and looks bullish, but on Huobi looks bearish.

Fatman3001

legendary

Activity: 1526

Merit: 1013

Make Bitcoin glow with ENIAC

Quote from: BitcoinNewsMagazine on August 29, 2015, 02:34:47 PM

Pool operators are really miners, along with solo miners and p2pool miners. The people who sell their hashing to pool operators are just providing hashing. Correct if you are not running a node and are not receiving coin base rewards, you are just providing hashing.

Hashing is the important bit.

BitcoinNewsMagazine

legendary

Activity: 1806

Merit: 1164

Quote from: coinableS on August 29, 2015, 12:11:17 PM

Quote from: BitcoinNewsMagazine on August 29, 2015, 11:55:57 AM

Quote from: bambou on August 29, 2015, 11:26:57 AM

Quote from: masterluc on August 29, 2015, 11:20:35 AM

XT nodes falling down. Looks like people started prefer bip 100 blocksize solution.

not the people.. the big miners.

Only miners count in the end. However, it is good to see that number of users running XT nodes is down under 900 and falling, now only 810 on BitNodes. Novelty wearing off perhaps. Do not discount Mike Hearn ambition though probably has a few tricks left to pull. Considering how negatively bitcoin market reacted to Bitcoin XT introduction he should pull it.

Correct me if I'm wrong but only big miners or solo miners get a say in this vote. If you mine in a pool like many people do, you are not running a full node so you don't get a vote.

Pool operators are really miners, along with solo miners and p2pool miners. The people who sell their hashing to pool operators are just providing hashing. Correct if you are not running a node and are not receiving coin base rewards, you are just providing hashing.

Fatman3001

legendary

Activity: 1526

Merit: 1013

Make Bitcoin glow with ENIAC

Quote from: coinableS on August 29, 2015, 12:11:17 PM

Quote from: BitcoinNewsMagazine on August 29, 2015, 11:55:57 AM

Quote from: bambou on August 29, 2015, 11:26:57 AM

Quote from: masterluc on August 29, 2015, 11:20:35 AM

XT nodes falling down. Looks like people started prefer bip 100 blocksize solution.

not the people.. the big miners.

Only miners count in the end. However, it is good to see that number of users running XT nodes is down under 900 and falling, now only 810 on BitNodes. Novelty wearing off perhaps. Do not discount Mike Hearn ambition though probably has a few tricks left to pull. Considering how negatively bitcoin market reacted to Bitcoin XT introduction he should pull it.

Correct me if I'm wrong but only big miners or solo miners get a say in this vote. If you mine in a pool like many people do, you are not running a full node so you don't get a vote.

Small miners can change to a pool they agree with.

Topic: Analysis - page 155. (Read 941567 times)