Author

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 24639. (Read 26720570 times)

legendary
Activity: 1615
Merit: 1000
Well, this looks like a totally sustainable rate of price increase.
legendary
Activity: 1260
Merit: 1000
World Class Cryptonaire
I was calling you out on the random childish name calling. Just because there is one (or more) idiots in the room doesn't mean that you have to join them. Acting out like that is a personal decision and reflects on yourself only.

I guess what I'm trying to say is that this isn't probably the right forum to be sensitive about name calling. People are making huge amounts on a day like this or losing huge amounts. There will be s--- talking. If you want a tea and crumpets parliamentary level conversation then there are plenty of book clubs. I hear people like those a lot. But, in a maniac day... have thicker skin. People are not going to self-moderate themselves and it is unrealistic to expect that.

Not that I mean any offense to you... but c'mon.

Translation: I don't give a shit how my actions reflect on me.  I'm going to express myself however I want, and if it makes me look like an idiot, so be it.  I'm emotional today.

One of many valid interpretations. And you should know... because you just did the same thing.

It's not a matter of thicker skin. You can go around name calling or trolling all day, doesn't bother me one bit. I'm just letting you know that once you get the reputation for being a really emotional trader that doesn't make any logical arguments and would rather just troll, that people will start treating you exactly as you present yourself. You will become Shroomskit 2.0.

Do what you wish. But once you get a rep of an emotional troll, there is no coming back from that in this community.
donator
Activity: 2772
Merit: 1019

Quote
"So I said OK well let's assume it's something like gold. There's a finite amount that's been mined. The rest is underground. We kind of know how long it's going to take before all the gold is mined or before all the bitcoins.

"Put them in the same kind of equation we get a value of bitcoin and that value is a million dollars. "

hehe.

oh man. that media-driven frenzy might start happening once again.
sr. member
Activity: 434
Merit: 250
possible price range by the end of the week: anything from 300$ to 500$ FFS

Wow, really putting your neck on the line with that prediction.

I'm going all in and predict that it will be between 0$ and MOON somewhere tomorrow.
newbie
Activity: 13
Merit: 0
Some back of the cigarette pack calculations, assuming all Bitcoins have been mined (21 million by 2140)...

If Bitcoin were to reach parity with the size of Denmark's money supply (M2 figure - $177 Billion)

1 BTC = $8,445

If Bitcoin were to reach parity with the size of gold (Above ground figure - $6.7 trillion)

1 BTC = $319,000

If Bitcoin were to reach parity with the size of the dollar (M2 figure - $11.5 trillion)

1 BTC = $546,000

If Bitcoin were to replace all the money in the world (M2 figure - >$68 trillion)

1 BTC = $3.3 million

So if you believe that Bitcoin will become either a widely used currency or commodity, take your pick...

Sources:

M2 Figures - http://www.tradingeconomics.com/country-list/money-supply-m2
Above Ground Gold figure - http://onlygold.com/Info/All-The-Gold-In-The-World.asp
Global money supply (M2) - http://simonthorpesideas.blogspot.com/2013/04/total-global-debt-and-money-supply.html
Currency Conversion - http://xe.com
sr. member
Activity: 434
Merit: 250
Nice one to the idiots bears shorting with my coins on finex. Thanks for the interest!

You're welcome. Yes, I'll admit it. Opened a short yesterday at 383, closed it at 406, rode long for a bit to 425 recouping part of it (about 2/3), and am short again at 425.

This market right now makes not a lick of sense to me. Too much, too soon, no reason... it's entirely possible that it was just oversold for a long time, but damn if this isn't a bit too sudden a change.

Good luck shorting at 425$, see you at 500$, the market at this moment makes perfect sense. It didn't make sense the past year.
full member
Activity: 238
Merit: 100
I was calling you out on the random childish name calling. Just because there is one (or more) idiots in the room doesn't mean that you have to join them. Acting out like that is a personal decision and reflects on yourself only.

I guess what I'm trying to say is that this isn't probably the right forum to be sensitive about name calling. People are making huge amounts on a day like this or losing huge amounts. There will be s--- talking. If you want a tea and crumpets parliamentary level conversation then there are plenty of book clubs. I hear people like those a lot. But, in a maniac day... have thicker skin. People are not going to self-moderate themselves and it is unrealistic to expect that.

Not that I mean any offense to you... but c'mon.

Translation: I don't give a shit how my actions reflect on me.  I'm going to express myself however I want, and if it makes me look like an idiot, so be it.  I'm emotional today.

One of many valid interpretations. And you should know... because you just did the same thing.
legendary
Activity: 3556
Merit: 9709
#1 VIP Crypto Casino
possible price range by the end of the week: anything from 300$ to 500$ FFS

Wow, really putting your neck on the line with that prediction.
legendary
Activity: 1904
Merit: 1002
I was calling you out on the random childish name calling. Just because there is one (or more) idiots in the room doesn't mean that you have to join them. Acting out like that is a personal decision and reflects on yourself only.

I guess what I'm trying to say is that this isn't probably the right forum to be sensitive about name calling. People are making huge amounts on a day like this or losing huge amounts. There will be s--- talking. If you want a tea and crumpets parliamentary level conversation then there are plenty of book clubs. I hear people like those a lot. But, in a maniac day... have thicker skin. People are not going to self-moderate themselves and it is unrealistic to expect that.

Not that I mean any offense to you... but c'mon.

Translation: I don't give a shit how my actions reflect on me.  I'm going to express myself however I want, and if it makes me look like an idiot, so be it.  I'm emotional today.
full member
Activity: 154
Merit: 100
playing pasta and eating mandolinos
possible price range by the end of the week: anything from 300$ to 500$ FFS
legendary
Activity: 1176
Merit: 1000
Nice one to the idiots bears shorting with my coins on finex. Thanks for the interest!

You're welcome. Yes, I'll admit it. Opened a short yesterday at 383, closed it at 406, rode long for a bit to 425 recouping part of it (about 2/3), and am short again at 425.

This market right now makes not a lick of sense to me. Too much, too soon, no reason... it's entirely possible that it was just oversold for a long time, but damn if this isn't a bit too sudden a change.

Shorting a commodity with a repeated history of shooting up 10x higher in price seems a bit silly. Unless you have some insider knowledge.

What "repeated" history do you speak of (really, I mean, something starting up, if it is successful, is bound to have an exponential type growth, but you are talking about  over a year ago)? It's volatile. Shorting or longing or taking any leverage on this thing is a maniac's move. Admitted.

Have you seen the bitcoin log price chart?

Smiley
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
full member
Activity: 238
Merit: 100
I was calling you out on the random childish name calling. Just because there is one (or more) idiots in the room doesn't mean that you have to join them. Acting out like that is a personal decision and reflects on yourself only.

I guess what I'm trying to say is that this isn't probably the right forum to be sensitive about name calling. People are making huge amounts on a day like this or losing huge amounts. There will be s--- talking. If you want a tea and crumpets parliamentary level conversation then there are plenty of book clubs. I hear people like those a lot. But, in a maniac day... have thicker skin. People are not going to self-moderate themselves and it is unrealistic to expect that.

Not that I mean any offense to you... but c'mon.
hero member
Activity: 504
Merit: 500
Moderator
Nice one to the idiots bears shorting with my coins on finex. Thanks for the interest!

You're welcome. Yes, I'll admit it. Opened a short yesterday at 383, closed it at 406, rode long for a bit to 425 recouping part of it (about 2/3), and am short again at 425.

This market right now makes not a lick of sense to me. Too much, too soon, no reason... it's entirely possible that it was just oversold for a long time, but damn if this isn't a bit too sudden a change.

In a market like this you don´t go short, you close longs and open new ones(at a lower price) if you´re sure that a bottom is in and we´re going to break to new highs. Shorting in a massive bull market is stupid as fuck IMO  Smiley

It wasn't a massive bull market literally less than 24 hours ago, we got turned back at 2750 on Huobi and OkCoin and 2650 on Huobi just a few minutes ago suggesting that the bots have called the top, and it just seems like too much too soon.

Also, I'm using relatively narrow stops (not very narrow) and am willing to swing back in the market and ride to the next pivot point to recoup a portion of losses. Like, yesterday, I made a dumb--- call at 383... but I didn't absorb the entirety of that loss.

So, there's that. As to the other gentleman, Inca, who said I'm resorting to name calling... a guy was posting porn on here earlier today... it's been a bit of a crazy day no matter how you slice it. Fair?

It is one now!
legendary
Activity: 1904
Merit: 1002
Nice one to the idiots bears shorting with my coins on finex. Thanks for the interest!

You're welcome. Yes, I'll admit it. Opened a short yesterday at 383, closed it at 406, rode long for a bit to 425 recouping part of it (about 2/3), and am short again at 425.

This market right now makes not a lick of sense to me. Too much, too soon, no reason... it's entirely possible that it was just oversold for a long time, but damn if this isn't a bit too sudden a change.

In a market like this you don´t go short, you close longs and open new ones(at a lower price) if you´re sure that a bottom is in and we´re going to break to new highs. Shorting in a massive bull market is stupid as fuck IMO  Smiley

It wasn't a massive bull market literally less than 24 hours ago, we got turned back at 2750 on Huobi and OkCoin and 2650 on Huobi just a few minutes ago suggesting that the bots have called the top, and it just seems like too much too soon.

Also, I'm using relatively narrow stops (not very narrow) and am willing to swing back in the market and ride to the next pivot point to recoup a portion of losses. Like, yesterday, I made a dumb--- call at 383... but I didn't absorb the entirety of that loss.

So, there's that. As to the other gentleman, Inca, who said I'm resorting to name calling... a guy was posting porn on here earlier today... it's been a bit of a crazy day no matter how you slice it. Fair?

It's been a massive bull market since trading started in 2009 at less than 1 penny/BTC.  If the bulls didn't move quick, they wouldn't catch as many bears with their shorts on.
legendary
Activity: 1260
Merit: 1000
World Class Cryptonaire
I was calling you out on the random childish name calling. Just because there is one (or more) idiots in the room doesn't mean that you have to join them. Acting out like that is a personal decision and reflects on yourself only.
full member
Activity: 238
Merit: 100
Nice one to the idiots bears shorting with my coins on finex. Thanks for the interest!

You're welcome. Yes, I'll admit it. Opened a short yesterday at 383, closed it at 406, rode long for a bit to 425 recouping part of it (about 2/3), and am short again at 425.

This market right now makes not a lick of sense to me. Too much, too soon, no reason... it's entirely possible that it was just oversold for a long time, but damn if this isn't a bit too sudden a change.

Shorting a commodity with a repeated history of shooting up 10x higher in price seems a bit silly. Unless you have some insider knowledge.

What "repeated" history do you speak of (really, I mean, something starting up, if it is successful, is bound to have an exponential type growth, but you are talking about  over a year ago)? It's volatile. Shorting or longing or taking any leverage on this thing is a maniac's move. Admitted.
full member
Activity: 238
Merit: 100
Nice one to the idiots bears shorting with my coins on finex. Thanks for the interest!

You're welcome. Yes, I'll admit it. Opened a short yesterday at 383, closed it at 406, rode long for a bit to 425 recouping part of it (about 2/3), and am short again at 425.

This market right now makes not a lick of sense to me. Too much, too soon, no reason... it's entirely possible that it was just oversold for a long time, but damn if this isn't a bit too sudden a change.

In a market like this you don´t go short, you close longs and open new ones(at a lower price) if you´re sure that a bottom is in and we´re going to break to new highs. Shorting in a massive bull market is stupid as fuck IMO  Smiley

It wasn't a massive bull market literally less than 24 hours ago, we got turned back at 2750 on Huobi and OkCoin and 2650 on Huobi just a few minutes ago suggesting that the bots have called the top, and it just seems like too much too soon.

Also, I'm using relatively narrow stops (not very narrow) and am willing to swing back in the market and ride to the next pivot point to recoup a portion of losses. Like, yesterday, I made a dumb--- call at 383... but I didn't absorb the entirety of that loss.

So, there's that. As to the other gentleman, Inca, who said I'm resorting to name calling... a guy was posting porn on here earlier today... it's been a bit of a crazy day no matter how you slice it. Fair?
sr. member
Activity: 476
Merit: 250
hero member
Activity: 504
Merit: 500
Moderator
Wow who mods the mods?
<-------------
Me

Please PM me if you have any complaints, i´m sure we can sort it out.

BLITZ please calm down!
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