Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 12770. (Read 26713156 times)

heh, as a 'scary tale' this is also the year 1/1/2020 that Craig Wright who claims he is Satoshi says

he will have access to a trust of billions of USD in BTC.

whooooo spooky

The tech would be nothing without the money we make on it. Still a worthwhile starting step.

Surely, that is a decent video, yet there still seems to be some failure or refusal to understand the differentiation of bitcoin (as compared with blockchain) and the rational for the coin (bitcoin) that incentivizes the securing, development and adoption of the bitcoin network (in contrast to their attempt to parse out and focus on "blockchain.").

Within the video, there is also a kind of emphasis on the transactional aspect of blockchain (again avoiding any kind of meaningful focus on bitcoin) and various kinds of automation that can be innovated more greatly through blockchain... which perhaps purposefully is avoiding both the sound money aspect of bitcoin and how that sound money aspect of bitcoin actually contributes to the incentivizations within bitcoin and allows the other systems (such as smart contracts) to be built out at a lower level (and perhaps  less secure and less decentralized aspect that allows human intervention, if needed.... perhaps a bit more detached from the money aspect of bitcoin too). 

In the end, they do seem to be failing/refusing to recognize that bitcoin has built-in incentives that likely cause it to accomplish a bit more complex set of problems than they seem to be willing to tackle in their seeming inference that some other coin (or blockchain) might supplement bitcoin to solve rather than getting absorbed into bitcoin as the protocol layer to the various complementary other solutions that they suggest to be part of the future world and future developments..

Bitcorn remains in a price battle, so a month or two of any kind of flat seems like boredom when such a price battle continues to percolate underneath.

Even if we review the BTC price situation, we do not tend to have lack of price movements for much longer than that.. even the 2015 period of flat was about 8-9 months, but in the middle, there were attempts to break both down and up that resulted in some decent moves (even though concededly relatively "boring"). 

Here, we have had a kind of flat since early February.. while also could be characterized by a downward trajectory that has difficulties breaking below $6k for any significant amount of time.  It seems a bit improbable (even though not impossible) that there would even be another 6 months of BTC flat, and the longer the period of time that there is an expectation of possible flat, the seemingly less and less likely that such flat could be sustained in any kind of meaningful way.  Good luck to anyone who is expecting, betting on or hoping for (a pie in the sky) flat for another 3 years or so from here.   

I demand one or the other!

not real promises, must see the diffrence on when there's something on the line or when its been said like a sort of impossible joke .... like its not possible to go with every single one in the thread and have a drink.....
dick sucking could be a virtual online kind of thing? and possible its even not wanted by the other party ?

Orlando, Florida

Surely, it is good to understand that there are people in the real world and in the online world who over promise and under deliver....

These personalities might be good for drama, comedy and perhaps a few other reasons, but largely it is good to take the assertions of these kinds of peeps with a considerable grain of salt... Surely, there are likely to be fewer dire consequences online, as compared with IRL situations where reliance might really matter. 

Oh.. that is great.  I had not seen that.

So yeah, I agree that when a guy is publicly proclaiming such BTC price downfalls, then it is more credible to see that he put some of his money where his mouth is...   Otherwise it is difficult to agree with the ongoing statement of conviction and the not quite logical assertion "I don't have time to trade.. blah blah blah"... still possible to trade BIG swings, especially if a guy is in the business of teaching other peeps about these kinds of trading strategies.

Yes, it'll go zero, but after taking over the world. Something will replace bitcoin in the future, just like bitcoin is replacing fiat right now (HODL BTC till it actually replaces fiat!).

After all, it's all about evolution...

I would not phrase the matter exactly like that (namely "our guy"). 

You seem to be attempting to personalize matters too much.  There are various folks out there who talk in favor of bitcoin and there are other folks who speak against it and in the end, opinions vary almost as broadly as there are people.  So, surely it is nice to see public figures out there providing good bullish bitcoin arguments which nocoiners or other folks on the fence can take into consideration when they are considering whether or how much to invest into bitcoin.

Even though overall there was decent and reasonable desire that BTC prices had not returned to $6k and even to go below $6k, Tone's bet was fairly prudent and even a decent hedge (especially for someone who was already mostly invested in bitcoin and overall bullish, as Tone seems to be).

 And, there was even a decent amount of time (something like 18 months) in which Tone could have won the bet, which definitely helped his odds, even though in June 2018 (when the bet was made) a large number of informed bitcoin folks were thinking that there were real decent odds that supra-$6k support would hold and continue to hold through 2018 and 2019 (the period of the bet).

https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/752070/cryptoassets_taskforce_final_report_final_web.pdf


did not consult hodlers, might have learned something, produced less pap

mmmmm HALVENING, not to long anymore 

I'm just lazy. I like the idea of just being able to walk into a store and buy a brownie.

No, he's right. Bitcoin IS going to zero. We just don't know how many years from now.

@realLudvigArt

#Bitcoin IS going to zero.

Somewhere between 5 and 7 zeros!

^
Even feels like a DIP .........................