Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 11530.

jojo69

legendary

Activity: 3388

Merit: 4775

diamond-handed zealot

Quote from: yefi on February 22, 2019, 10:26:53 PM

How irresponsible would the monetary authorities have to be to allow a transition to crypto on a bubble? The transition needs to be soft and slow - one more in tune with the conservative pace of those who govern.

And we know that they have proven themselves, time and again, to be the very pillars of responsibility.

yefi

legendary

Activity: 2842

Merit: 1511

Quote from: Biodom on February 22, 2019, 09:28:42 PM

A phase transition from fiat to btc/crypto might happen and would be much faster than "decades".
Many people are penciling in next ATH in 2021 at $100-400K.
The next ATH after that could be projected to occur in 2025 at $1mil or thereabout.
Granted, this would require the large scale abandonment of fiat in favor of bitcoin/crypto.
Can it happen? Perhaps.

How irresponsible would the monetary authorities have to be to allow a transition to crypto on a bubble? The transition needs to be soft and slow - one more in tune with the conservative pace of those who govern.

kenzawak

hero member

Activity: 658

Merit: 851

https://twitter.com/AlecZiupsnys/status/1099120779457937408

Biodom

legendary

Activity: 4004

Merit: 4656

Quote from: yefi on February 22, 2019, 08:27:52 PM

Quote from: Biodom on February 22, 2019, 05:37:27 PM

Well, the problem would be when to sell if and when we get to somewhere between 100K and 1 mil.
it would suck to sell a bit at 100K if 1000k (a mil) is following closely.
In 2017 the price was both $800 and close to $20K, almost a 25-fold difference.
Therefore, it is entirely possible (although not likely) that both 100K and 1000K would happen in the same cycle.
Some mechanistic approach might be in order.

Seven figures, inflation notwithstanding, is surely decades away if it does happen. We can't just hype our way to a valuation greater than the world's major stock markets. That kind of money will require more pedestrian and sustained growth - a new era for price development.

A phase transition from fiat to btc/crypto might happen and would be much faster than "decades".
Many people are penciling in the next ATH in 2021 at $100-400K.
The ATH after that could be projected to occur in 2025 at $1mil or thereabout.
Granted, this would require a large scale abandonment of fiat in favor of bitcoin/crypto.
Can it happen? Perhaps.

Toxic2040

legendary

Activity: 1834

Merit: 4197

Quote from: yefi on February 22, 2019, 08:27:52 PM

Quote from: Biodom on February 22, 2019, 05:37:27 PM

Well, the problem would be when to sell if and when we get to somewhere between 100K and 1 mil.
it would suck to sell a bit at 100K if 1000k (a mil) is following closely.
In 2017 the price was both $800 and close to $20K, almost a 25-fold difference.
Therefore, it is entirely possible (although not likely) that both 100K and 1000K would happen in the same cycle.
Some mechanistic approach might be in order.

Seven figures, inflation notwithstanding, is surely decades away if it does happen. We can't just hype our way to a valuation greater than the world's major stock markets. That kind of money will require more pedestrian and sustained growth - a new era for price development.

When I start thinking super hype with such phrases as global reserve currency and the new gold I always come back to supply and demand. After digging deeper still I get to the root of it and that is..are there seventeen and half to twenty one million other folk out there that are as crazy as me and value a fungible, portable store of value enough to pay one million dollars per unit? I cant answer that with a definitive no...hence accumulation.

toknormal

legendary

Activity: 3066

Merit: 1188

Quote from: kenzawak on February 22, 2019, 08:11:39 PM

https://twitter.com/AlecZiupsnys/status/1098188405421297664

National debts do not need to be "paid back". They just get re-denominated. There is not going to be any big "reset" other than a bunch of decimal places and then life will go on as normal.

Toxic2040

legendary

Activity: 1834

Merit: 4197

Quote from: VB1001 on February 22, 2019, 12:06:15 PM

https://twitter.com/CMEGroup/status/1098618120288325635

+1 WOsMerit

Quote from: HairyMaclairy on February 22, 2019, 06:31:29 PM

Apparently yesterday was highest volume on CME ever

Edit: sweet mother of god confirmed. Look at that volume candle.

Redundant observation but a little redundancy never hurts. A for effort.

Quote from: jojo69 on February 22, 2019, 08:47:38 PM

Quote from: toknormal on February 22, 2019, 06:17:48 PM

fecescoinshillingredacted

wrong thread friend

*looks around guiltily*

Actually made me look to make sure. Carry on.

+1 WOsMerit

jojo69

legendary

Activity: 3388

Merit: 4775

diamond-handed zealot

Quote from: toknormal on February 22, 2019, 06:17:48 PM

fecescoinshillingredacted

wrong thread friend

We got it Mic, you're good

yefi

legendary

Activity: 2842

Merit: 1511

Quote from: Biodom on February 22, 2019, 05:37:27 PM

Well, the problem would be when to sell if and when we get to somewhere between 100K and 1 mil.
it would suck to sell a bit at 100K if 1000k (a mil) is following closely.
In 2017 the price was both $800 and close to $20K, almost a 25-fold difference.
Therefore, it is entirely possible (although not likely) that both 100K and 1000K would happen in the same cycle.
Some mechanistic approach might be in order.

Seven figures, inflation notwithstanding, is surely decades away if it does happen. We can't just hype our way to a valuation greater than the world's major stock markets. That kind of money will require more pedestrian and sustained growth - a new era for price development.

kenzawak

hero member

Activity: 658

Merit: 851

https://twitter.com/AlecZiupsnys/status/1098188405421297664

xhomerx10

legendary

Activity: 3808

Merit: 7912

Quote from: El duderino_ on February 22, 2019, 07:40:54 PM

JoJo wake up
Time to take over its to quiet in here
Wake the F***ing WO up bro

Me into HODLzone

Good CET sleep-time WO’s
To the others have a pleasant day
And raise Some dildo’s (prefer greenies)

I'll take it for a couple of hours MicG Wink

Have a good hodl nap.

El duderino_

legendary

Activity: 2758

Merit: 13660

BTC + Crossfit, living life.

JoJo wake up
Time to take over its to quiet in here
Wake the F***ing WO up bro

Me into HODLzone

Good CET sleep-time WO’s
To the others have a pleasant day
And raise Some dildo’s (prefer greenies)

kurious

legendary

Activity: 2604

Merit: 1748

Quote from: Hueristic on February 21, 2019, 11:14:26 PM

Quote from: Cryptotourist on February 21, 2019, 11:35:45 AM

Taking into account that a recent XMR auction ended up going for a greater value than it was that day, I don't think it's worth it.

Quote

Register NOW for the auction to avoid disappointment! Be prepared and complete your registration today. Follow these simple steps in order to bid;

Click here to download our attached registration form
Complete the form, and return it to ~snip~ along with a copy of your photographic ID and proof of address
Once we have your documents, one of our staff will contact you via the information given to take your £500 deposit
Await an email with your login details (registration cannot be complete without all of the above).

IMPORTANT INFORMATION

Please read the terms & conditions before bidding.
All Lots are subject to a 4.5% buyer’s premium (VAT will be charged on the buyer’s premium in addition).
Full payment is required within 24 hours of the auction.
Details for the wallet for the assets to be transferred to is to be sent no later than 48 hours following the auction.
No bids can be withdrawn once placed for any reason.

Do they accept XMR for bidding? Cheesy

Nope - but I wouldn't sell my XMR for BTC now anyway Wink

I have registered, but they insist on a £500 deposit upfront and don't even show you the lots prior to registration.

I am only in to see what's what - just in case it's a bargain. Deposit is refundable in full if you don't win a bid.

Worth pinging off a registration form to at least be in the game...

UnknownHolder

newbie

Activity: 15

Merit: 2

Quote from: Febo on February 22, 2019, 02:41:32 PM

Magical Crypto Conference 2019 , May 11th , try not to miss it!!!

https://i.gyazo.com/dbcd21dde58e9a7ffce4c552e35faa51.jpg

Magical Shitcoin Conference?

toknormal

legendary

Activity: 3066

Merit: 1188

Quote from: El duderino_ on February 22, 2019, 06:22:24 PM

Quote from: toknormal on February 22, 2019, 06:17:48 PM

Survivor alts starting to light up. Having deleveraged, they are now about to start leveraging bitcoin's rise by multiples. The two outsider alts with most upside to gain are:

• UNO (Unobtanium, the fine art market of cryptocurrency that consistently out-gained BTC against the $US dollar and is extremely difficult to get hold of in any quantity)
Nº 146 in M'Cap, 5 years old.

• BAY (Bitbay - that has been quietly developing a unique form of psuedo-pegged currency that can revalue in discrete steps while supporting a decentralised double-deposit escrowed trades service for goods)
Nº 326 in M'Cap, 5 years old.

realise this is more an FOOD - BOOZ - FOOTBAL etc thread as its an sh*tcoin thread Roll Eyes

Well, FOOD - BOOZ - FOOTBAL are good, but sh*tcoins are the spice of life and the only way to way to make more bitcoin unfortunately since it isn't 2010 anymore. So better take note of what's FOOD in and what's CRUDE in sh*coinland cos otherwise what could'av been your lunch is gonna get eaten by someone else.

HairyMaclairy

legendary

Activity: 1442

Merit: 2282

Degenerate bull hatter & Bitcoin monotheist

Apparently yesterday was highest volume on CME ever

Edit: sweet mother of god confirmed. Look at that volume candle.

El duderino_

legendary

Activity: 2758

Merit: 13660

BTC + Crossfit, living life.

Quote from: toknormal on February 22, 2019, 06:17:48 PM

Survivor alts starting to light up. Having deleveraged, they are now about to start leveraging bitcoin's rise by multiples. The two outsider alts with most upside to gain are:

• UNO (Unobtanium, the fine art market of cryptocurrency that consistently out-gained BTC against the $US dollar and is extremely difficult to get hold of in any quantity)
Nº 146 in M'Cap, 5 years old.

• BAY (Bitbay - that has been quietly developing a unique form of psuedo-pegged currency that can revalue in discrete steps while supporting a decentralised double-deposit escrowed trades service for goods)
Nº 326 in M'Cap, 5 years old.

realise this is more an FOOD - BOOZ - FOOTBAL etc thread as its an sh*tcoin thread Roll Eyes

toknormal

legendary

Activity: 3066

Merit: 1188

Survivor alts starting to light up. Having deleveraged, they are now about to start leveraging bitcoin's rise by multiples. The two outsider alts with most upside to gain are:

• UNO (Unobtanium, the fine art market of cryptocurrency that consistently out-gained BTC against the $US dollar and is extremely difficult to get hold of in any quantity)
Nº 146 in M'Cap, 5 years old.

• BAY (Bitbay - that has been quietly developing a unique form of psuedo-pegged currency that can revalue in discrete steps while supporting a decentralised double-deposit escrowed trades service for goods)
Nº 326 in M'Cap, 5 years old.

HairyMaclairy

legendary

Activity: 1442

Merit: 2282

Degenerate bull hatter & Bitcoin monotheist