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Topic: I am pretty confident we are the new wealthy elite, gentlemen. - page 178. (Read 631985 times)

hero member
Activity: 630
Merit: 500
Bitgoblin
So if I have just one coin, I will be wealthy?
No, sorry.
legendary
Activity: 2912
Merit: 1060
So if I have just one coin, I will be wealthy?

No, a wealthy elite
legendary
Activity: 1302
Merit: 1008
Core dev leaves me neg feedback #abuse #political
So if I have just one coin, I will be wealthy?
member
Activity: 83
Merit: 10
How can your username be Anonymous ?

I was just going to ask the same thing - is it supposed to be Anonymous as in the hacking group?

https://bitcointalksearch.org/topic/m.6168673


That is AWESOME! This thread is epic, it needs to continue on forever.
legendary
Activity: 1456
Merit: 1001
This is the land of wolves now & you're not a wolf
How can your username be Anonymous ?

I was just going to ask the same thing - is it supposed to be Anonymous as in the hacking group?

https://bitcointalksearch.org/topic/m.6168673


...Most people in the world will never even own 1 coin!...

As the prices rises (like the last couple days) people very quickly remember how limited the supply of BTC is.
Buy now, before only the wealthy elite can afford them.   Cheesy

Speaking of wealthy, wasnt there a prop bet in the making for BTC Vs. Berkshire Hathaway Class A stock?

I thought I heard of a few people putting up BTC against 1 share of the stock for earnings (with the winner taking it)

Yes there was a thread about that ~3 weeks ago, when Warren Buffet was saying bad things about BTC (based on lack of understanding)
Our friend from Primedice (does everyone know Primedice.com is the best BTC gaming site?) was considering betting 300 BTC.
I hope he wins if the bet is made. Smiley




I would put some side action on the BTC side. Berkshire is pretty stable, the amount it moves in a few weeks is like a few hours in BTC. It would all depend on how long the bet lasted.
sr. member
Activity: 462
Merit: 250
Lux e tenebris
No, not the first. But for clarity and simplicity of explanation, you win 2 internet stars and a lollipop.
hero member
Activity: 722
Merit: 500
legendary
Activity: 1302
Merit: 1008
Core dev leaves me neg feedback #abuse #political
Does this mean that I am the first to identify a pattern?
If so, I wish it to henceforth be known as "the Möller pattern". You may omit the dots if your keyboard is english.  Wink

Enjoy your 15 minutes of fame, Möller (hey that was cool, my iPad let me do the ö...)....
Anyway, um pretty sure the pattern will change to something else.
legendary
Activity: 2282
Merit: 1767
Cлaвa Укpaїнi!
Does this mean that I am the first to identify a pattern?
If so, I wish it to henceforth be known as "the Möller pattern". You may omit the dots if your keyboard is english.  Wink
legendary
Activity: 1148
Merit: 1001
I think there is a pattern, it could be a coincidence, but I'm using it for now. Remember, everything I write is very approximative.

It seems that bitcoin has a seven month cycle from mega bump to mega bump, it also appears to have a super dip about four months from the mega bump, and this super dip seems to be the start of the coming mega bump, with a slow rise the two first months and a steep rise the last month. If this hypothesis of mine is correct we are now leaving this cycles super dip and the next mega bump peek should be around the end of June or beginning of July.

It also seems that the price at the top of the bump is the same as the price in the dip plus a zero, and it seems to stabilize at about half the peak price until the four month super dip. So if this dip's low was 400 USD the peak should be around 4000 USD and it should stabilize at about 2000 USD until the next super dip.

That sounds about right. Smiley
legendary
Activity: 2282
Merit: 1767
Cлaвa Укpaїнi!
I think there is a pattern, it could be a coincidence, but I'm using it for now. Remember, everything I write is very approximative.

It seems that bitcoin has a seven month cycle from mega bump to mega bump, it also appears to have a super dip about four months from the mega bump, and this super dip seems to be the start of the coming mega bump, with a slow rise the two first months and a steep rise the last month. If this hypothesis of mine is correct we are now leaving this cycles super dip and the next mega bump peek should be around the end of June or beginning of July.

It also seems that the price at the top of the bump is the same as the price in the dip plus a zero, and it seems to stabilize at about half the peak price until the four month super dip. So if this dip's low was 400 USD the peak should be around 4000 USD and it should stabilize at about 2000 USD until the next super dip.
hero member
Activity: 686
Merit: 501
Stephen Reed
...Most people in the world will never even own 1 coin!...

As the prices rises (like the last couple days) people very quickly remember how limited the supply of BTC is.
Buy now, before only the wealthy elite can afford them.   Cheesy

Furthermore, there are corporate entities holding lots of working capital and otherwise spare cash that will get allocated into Bitcoin - which can readily be spent or sold for fiat. Apple, while not currently friendly to bitcoin, has $150 billion in cash and short term securities, that I believe would be better allocated into bitcoin as a deflating store of value. These are the sort of late-adopting entities that will push bitcoin values into what only can be dreamed about today.
legendary
Activity: 1722
Merit: 1004
...Most people in the world will never even own 1 coin!...

As the prices rises (like the last couple days) people very quickly remember how limited the supply of BTC is.
Buy now, before only the wealthy elite can afford them.   Cheesy


The thought never leaves my mind.


Yeah, bitcoin's price dynamics are reversed. Usually assets have stair-step upward motions and then brutal cliffs on the downside. Bitcoin is the reverse. The rises on even just 1yr time scales are vertical, and the falls are stairways down... Likely due to the fact that the 21M supply cap is staring people in the face when bitcoin is hot, and on the flipside, enough people never lose sight of that, preventing the falls from being as dramatic.

Bitcoin really redefines "panic buy".
sr. member
Activity: 266
Merit: 250
...Most people in the world will never even own 1 coin!...

As the prices rises (like the last couple days) people very quickly remember how limited the supply of BTC is.
Buy now, before only the wealthy elite can afford them.   Cheesy


The thought never leaves my mind.
legendary
Activity: 2114
Merit: 1040
A Great Time to Start Something!
How can your username be Anonymous ?

I was just going to ask the same thing - is it supposed to be Anonymous as in the hacking group?

https://bitcointalksearch.org/topic/m.6168673


...Most people in the world will never even own 1 coin!...

As the prices rises (like the last couple days) people very quickly remember how limited the supply of BTC is.
Buy now, before only the wealthy elite can afford them.   Cheesy

Speaking of wealthy, wasnt there a prop bet in the making for BTC Vs. Berkshire Hathaway Class A stock?

I thought I heard of a few people putting up BTC against 1 share of the stock for earnings (with the winner taking it)

Yes there was a thread about that ~3 weeks ago, when Warren Buffet was saying bad things about BTC (based on lack of understanding)
Our friend from Primedice (does everyone know Primedice.com is the best BTC gaming site?) was considering betting 300 BTC.
I hope he wins if the bet is made. Smiley


member
Activity: 83
Merit: 10
How can your username be Anonymous ?

I was just going to ask the same thing - is it supposed to be Anonymous as in the hacking group?
hero member
Activity: 553
Merit: 500
How can your username be Anonymous ?
sr. member
Activity: 265
Merit: 250
Honni Soit Qui Mal i Pense

Speaking of wealthy, wasnt there a prop bet in the making for BTC Vs. Berkshire Hathaway Class A stock?

I thought I heard of a few people putting up BTC against 1 share of the stock for earnings (with the winner taking it)

Lol that will be surely a gentlemen's bet like no other. i will be tempted even to accept a 10% of Class A vs. 0,10 BTC   ^_^

GROUP BUY EVERYONE CMON

lol. Time frame... 2015? 2018 as much?
legendary
Activity: 2912
Merit: 1060
Only 21 million people can ever own a whole Bitcoin and that's no longer possible
legendary
Activity: 1456
Merit: 1001
This is the land of wolves now & you're not a wolf
...Most people in the world will never even own 1 coin!...

As the prices rises (like the last couple days) people very quickly remember how limited the supply of BTC is.
Buy now, before only the wealthy elite can afford them.   Cheesy

Speaking of wealthy, wasnt there a prop bet in the making for BTC Vs. Berkshire Hathaway Class A stock?

I thought I heard of a few people putting up BTC against 1 share of the stock for earnings (with the winner taking it)
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