Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 13204.

vapourminer

legendary

Activity: 4354

Merit: 3614

what is this "brake pedal" you speak of?

Quote from: ?? on ??

I just wanted to let you all know, that I'm secure enough with myself to admit, that I have absolutely no idea what is going on with Bitcorn prices.

What a ride though. Crazy wild swings.

I can't imagine the financial carnage Bitcorn has caused people trying to play the markets.

isnt this what we signed up for? the wild ride?

i mean who wants to be bored.

infofront

legendary

Activity: 2660

Merit: 2868

Shitcoin Minimalist

Wall Observer Public Service Announcement: HODL. Don't be a pussy.

Elwar

legendary

Activity: 3598

Merit: 2386

Viva Ut Vivas

Throughout the last year I was told how "lucky" I was to have so many bitcoins. They wished they got in so "early" like me, that they were not so "lucky".

Think of all of the people selling right now. Think of all of the people buying right now. The people selling are doing something easy. The people buying are doing something hard.

Holding BTC right now is hard, it's not easy. When you do something that is hard and are rewarded, that is not luck. That is a reward that is earned.

I have earned every bit of what I have, and then some, having been through these tough times several times and not buckled.

I am not lucky. I am strong.

bones261

legendary

Activity: 1806

Merit: 1828

Quote from: Hueristic on August 10, 2018, 06:30:32 PM

Quote from: samson on August 10, 2018, 06:21:41 PM

Quote from: Hueristic on August 10, 2018, 06:08:20 PM

Bitcoin has literally never had a value of zero, ever.
It is possible it may one day but we have never seen that day.
Everything is worth what someone will pay for it.

Until the first transaction it has no value. No market value anyway.

A debatable point, I postulate that if it no value then there would have never been a second block and if it ever dropped to zero value then there would never be another block. Tongue

Of course for that to happen something huge like QC that breaks the algo and manages to create enough free coins and dump the market to nothing while also hiding that fact so that a different algo could nt be forked in. It would take the planning of a computing super power nation state (or a combination of them). And I would argue that none would ever do so as it is easier and more effective to co-op the chain.

Exactly, if people were willing to expend electricity to mine BTC in the early days, then it did have value. Electricity is not free. Nor was the wear and tear on the CPU.

Hueristic

legendary

Activity: 3836

Merit: 4969

Doomed to see the future and unable to prevent it

Quote from: samson on August 10, 2018, 06:21:41 PM

Quote from: Hueristic on August 10, 2018, 06:08:20 PM

Bitcoin has literally never had a value of zero, ever.
It is possible it may one day but we have never seen that day.
Everything is worth what someone will pay for it.

Until the first transaction it has no value. No market value anyway.

A debatable point, I postulate that if it no value then there would have never been a second block and if it ever dropped to zero value then there would never be another block. Tongue

Of course for that to happen something huge like QC that breaks the algo and manages to create enough free coins and dump the market to nothing while also hiding that fact so that a different algo could nt be forked in. It would take the planning of a computing super power nation state (or a combination of them). And I would argue that none would ever do so as it is easier and more effective to co-op the chain.

samson

legendary

Activity: 2097

Merit: 1070

Quote from: Hueristic on August 10, 2018, 06:08:20 PM

Bitcoin has literally never had a value of zero, ever.
It is possible it may one day but we have never seen that day.
Everything is worth what someone will pay for it.

Until the first transaction it has no value. No market value anyway.

jonoiv

hero member

Activity: 966

Merit: 526

🐺Dogs for President🐺

Quote from: windjc on August 10, 2018, 06:17:27 PM

That chart looks like its struggling to make HHs. So I'd say failed attempt incoming next several months.

Quote from: discobean on August 10, 2018, 06:18:22 PM

Quote from: jonoiv on August 10, 2018, 06:14:57 PM

Price will go negative!

You both win a cookie Cheesy

discobean

member

Activity: 105

Merit: 11

Quote from: jonoiv on August 10, 2018, 06:14:57 PM

Price will go negative!

windjc

legendary

Activity: 2156

Merit: 1070

Quote from: jonoiv on August 10, 2018, 06:14:57 PM

That chart looks like its struggling to make HHs. So I'd say failed attempt incoming next several months.

jonoiv

hero member

Activity: 966

Merit: 526

🐺Dogs for President🐺

Hueristic

legendary

Activity: 3836

Merit: 4969

Doomed to see the future and unable to prevent it

Quote from: samson on August 10, 2018, 05:49:50 PM

You don't get it - nobody had EVER publicly traded Bitcoin for anything with a fixed fiat value before this.

Because of that Bitcoin had a literal value of $0.00000000 right up until the point where someone bought a couple of pizzas.

I remember reading an article about the guy who bought the pizzas for 10k BTC and he said not to worry, he had a many coins left - this was when it was worth plenty of dollars if I remember correctly, which I might. He had millions of dollars in crypto when I read that and I won't be surprised if he still has most of it.

Bitcoin has literally never had a value of zero, ever.
It is possible it may one day but we have never seen that day.
Everything is worth what someone will pay for it.

samson

legendary

Activity: 2097

Merit: 1070

Quote from: keyboard warrior on August 10, 2018, 11:50:55 AM

Quote from: gentlemand on August 10, 2018, 11:43:22 AM

Quote from: keyboard warrior on August 10, 2018, 11:32:27 AM

No he has no coins left. He sold his remaining coins for next to nothing and didn't buy back. He must hate every bitcoin pizza day.

You think a publicly known early miner would admit to still retaining coins? I sure as shit would not.

Perhaps, but if he was prepared to part with 10k for two pizzas then he was probably prepared to part with the rest of his coins for an extremely low price.

You don't get it - nobody had EVER publicly traded Bitcoin for anything with a fixed fiat value before this.

Because of that Bitcoin had a literal value of $0.00000000 right up until the point where someone bought a couple of pizzas.

I remember reading an article about the guy who bought the pizzas for 10k BTC and he said not to worry, he had a many coins left - this was when it was worth plenty of dollars if I remember correctly, which I might. He had millions of dollars in crypto when I read that and I won't be surprised if he still has most of it.

Gyrsur

legendary

Activity: 2856

Merit: 1520

Bitcoin Legal Tender Countries: 2 of 206

Quote from: Elwar on August 10, 2018, 05:31:50 PM

Gentlemen. It's been a pleasure.

see you again in 2021. same place. same time. Grin

gembitz

hero member

Activity: 1848

Merit: 640

*Brute force will solve any Bitcoin problem*

Quote from: bitebits on August 10, 2018, 05:38:38 PM

This is starting to make little sense. Which means we are entering proper ('long term') buying opportunity territory.
Let me check my bank account.

like when it goes down another 50% then trigger when i buy it goes sunken treasure to $1337? Roll Eyes

~~~need not be concerned...zzz #ghostown

Gab0

full member

Activity: 283

Merit: 127

gembitz

hero member

Activity: 1848

Merit: 640

*Brute force will solve any Bitcoin problem*

Quote from: Elwar on August 10, 2018, 05:29:03 PM

Quote from: mindrust on August 10, 2018, 02:35:38 PM

Quote from: LFC_Bitcoin on August 10, 2018, 02:01:29 PM

Quote from: Elwar on August 10, 2018, 01:57:39 PM

Quote from: LFC_Bitcoin on August 10, 2018, 01:52:49 PM

Quote from: Elwar on August 10, 2018, 01:50:25 PM

Quote from: LFC_Bitcoin on August 10, 2018, 01:27:11 PM

Good time to go to Turkey on holiday, cheap as fuck, been twice. Food is a bit shit but weather is great & beaches are nice.
Been planning to get my teeth done there next year by a well known company out there, full set of pearly white veneer’s, very cheap when compared to UK/US prices for similar work.

I did a week at an all inclusive resort in Antalya a few years back. Turkey is like the Mexico of Europe in that regard.

Everything was as a 5 star resort should be. Except the dominance of Russians who would wake up at 6AM to put their towel on the open chairs by the pool. My capitalist ass didn't have a chance against the former communists who knew best how to take advantage of limited free resources.

Yeah I’ve been on a few holidays over run with Russian’s. Aggressive bastards who don’t know what a queue at the bar is.

Chinese also do not understand the concept of queues. I guess with so many people they needed to figure out how to push their way forward in very limited space. At the immigration line in Thailand me and another large westerner had to play defense against these people trying to sneak past. It was futile.

My worst experience in recent memory was the underground/metro system in the Ukraine. I went in May to watch my team (Liverpool) sadly lose in the Champions League Final.

I’m never going back there though, the people are cold, man. No emotion, nothing. None of them smile.

I never understood wtf is so attractive having a vacation in a 5 star hotel where you don't see anything but the hotel and the sea.

Yes food is free, drinks are free, most stuff are free and it is cheap but where is the fun?

Maybe it is just me, I like to explore the city which I am visiting. Maybe it is because I am single and no kids. Drinking jack&coke all day under the sun and sleeping whole day this ain't a vacation I can't believe how many tourists come to Antalya for that crap. No wonder most of them are (broke) Russians I guess. Grin

Well, I brought a young Romanian lady with me so she enjoyed the pool and the drinks. I enjoyed her in her swimsuit and the nice Jacuzzi tub in the room (among other things).

fuckit can i come live on your floating island? =) bitcoin is dust

bitebits

legendary

Activity: 2242

Merit: 3523

Flippin' burgers since 1163.

This is starting to make little sense. Which means we are entering proper ('long term') buying opportunity territory.
Let me check my bank account.

Elwar

legendary

Activity: 3598

Merit: 2386

Viva Ut Vivas

Gentlemen. It's been a pleasure.

Elwar

legendary

Activity: 3598

Merit: 2386

Viva Ut Vivas

Quote from: mindrust on August 10, 2018, 02:35:38 PM

Quote from: LFC_Bitcoin on August 10, 2018, 02:01:29 PM

Quote from: Elwar on August 10, 2018, 01:57:39 PM

Quote from: LFC_Bitcoin on August 10, 2018, 01:52:49 PM

Quote from: Elwar on August 10, 2018, 01:50:25 PM

Quote from: LFC_Bitcoin on August 10, 2018, 01:27:11 PM

Good time to go to Turkey on holiday, cheap as fuck, been twice. Food is a bit shit but weather is great & beaches are nice.
Been planning to get my teeth done there next year by a well known company out there, full set of pearly white veneer’s, very cheap when compared to UK/US prices for similar work.

I did a week at an all inclusive resort in Antalya a few years back. Turkey is like the Mexico of Europe in that regard.

Everything was as a 5 star resort should be. Except the dominance of Russians who would wake up at 6AM to put their towel on the open chairs by the pool. My capitalist ass didn't have a chance against the former communists who knew best how to take advantage of limited free resources.

Yeah I’ve been on a few holidays over run with Russian’s. Aggressive bastards who don’t know what a queue at the bar is.

Chinese also do not understand the concept of queues. I guess with so many people they needed to figure out how to push their way forward in very limited space. At the immigration line in Thailand me and another large westerner had to play defense against these people trying to sneak past. It was futile.

My worst experience in recent memory was the underground/metro system in the Ukraine. I went in May to watch my team (Liverpool) sadly lose in the Champions League Final.

I’m never going back there though, the people are cold, man. No emotion, nothing. None of them smile.

I never understood wtf is so attractive having a vacation in a 5 star hotel where you don't see anything but the hotel and the sea.

Yes food is free, drinks are free, most stuff are free and it is cheap but where is the fun?

Maybe it is just me, I like to explore the city which I am visiting. Maybe it is because I am single and no kids. Drinking jack&coke all day under the sun and sleeping whole day this ain't a vacation I can't believe how many tourists come to Antalya for that crap. No wonder most of them are (broke) Russians I guess. Grin

Well, I brought a young Romanian lady with me so she enjoyed the pool and the drinks. I enjoyed her in her swimsuit and the nice Jacuzzi tub in the room (among other things).

ThePunisher49X

member

Activity: 340

Merit: 15

Looks like coinbase ruined it with 12 hours not existing yesterday into todays market.
And of course adding etc for their customers to buy.

What a joke. Roll Eyes

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