Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 13253.

Hueristic

legendary

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Doomed to see the future and unable to prevent it

Quote from: ?? on ??

Quote from: El duderino_ on August 05, 2018, 03:09:20 PM

let me just HODL and when there are oppertunitie's increase the BTC stack size , nothing more nothing less

Some-time, mid-2022-ish, we should find some ludicrously overpriced private-location, and host a massive WO-party, only accessible by private jet.

EDIT: Helicopter access will also be an acceptable alternative for party-travel.

I will promise to not crash that party for 10 BTC.

Better pay up before it's cheaper to just hire a Hitman.

yefi

legendary

Activity: 2842

Merit: 1511

Quote from: JayJuanGee on August 05, 2018, 03:40:43 PM

You are misreading the sentence, yefi.

somac is saying that the price went from $20 to $266 and then to $7k 5 years later - even though you could read the sentence another way to say that bitcoin went to $20 not long after it was at $266 - but that second reading is not what somac is saying.

I guess I was giving too much emphasis to a strict, grammatical interpretation. Shocked

Biodom

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Activity: 3892

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Quote from: d_eddie on August 05, 2018, 06:17:11 PM

Quote from: Biodom on August 05, 2018, 06:12:38 PM

Quote from: HairyMaclairy on August 05, 2018, 05:49:13 PM

https://preview.ibb.co/c1p5Jz/1_BC5_B305_1840_4320_8972_A67_C3_E538_D59.jpg

If they hypotheticate and re-hypothicate the s-t out of bitcoin like they did with gold, than it would not be bitcoin anymore, but something else.

@gentlemand posted this elsewhere:
https://www.ccn.com/interview-wall-street-vet-warns-of-ice-bringing-bad-banking-practices-to-crypto/

If it's really "bakkt" by verifiable crypto collateral, bad banking practices have no hope.

verifiable? Theoretically, my stock at the brokerage is mine too. Do I know who it was re-hypotheticated to?
Absolutely not, and there is no way to find out.
It would become the same gimmick sooner or later, when "bakkt".

jojo69

legendary

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diamond-handed zealot

Quote from: ?? on ??

Rick calls me a whore whenever I drive it with the top down.

d_eddie

legendary

Activity: 2520

Merit: 3038

Quote from: Biodom on August 05, 2018, 06:12:38 PM

Quote from: HairyMaclairy on August 05, 2018, 05:49:13 PM

If they hypotheticate and re-hypothicate the s-t out of bitcoin like they did with gold, than it would not be bitcoin anymore, but something else.

@gentlemand posted this elsewhere:
https://www.ccn.com/interview-wall-street-vet-warns-of-ice-bringing-bad-banking-practices-to-crypto/

If it's really "bakkt" by verifiable crypto collateral, bad banking practices have no hope.

Biodom

legendary

Activity: 3892

Merit: 4331

Quote from: HairyMaclairy on August 05, 2018, 05:49:13 PM

If they hypotheticate and re-hypothicate the s-t out of bitcoin like they did with gold, than it would not be bitcoin anymore, but something else.

@gentlemand posted this elsewhere:
https://www.ccn.com/interview-wall-street-vet-warns-of-ice-bringing-bad-banking-practices-to-crypto/

HairyMaclairy

legendary

Activity: 1442

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Degenerate bull hatter & Bitcoin monotheist

Quote from: ?? on ??

Quote from: HairyMaclairy on August 05, 2018, 05:42:36 PM

Quote from: lightfoot on August 05, 2018, 08:07:22 AM

Late model 928S4 (91). It's a pretty good car, complex but still fix-able if you know what you're doing. Good 340 or so HP, so enough to get underway and reasonably priced. Excellent suspension for the turns, and at 100mph it cruises on the highway well.

I have always had a soft spot for the 928s but don’t know a lot about them. What does the S4 badge mean?

Most likely the Sport model, in a 4 wheel drive configuration.

Nice one. Bob you got a 991 convertible yes ? How is it going?

HairyMaclairy

legendary

Activity: 1442

Merit: 2282

Degenerate bull hatter & Bitcoin monotheist

HairyMaclairy

legendary

Activity: 1442

Merit: 2282

Degenerate bull hatter & Bitcoin monotheist

Quote from: lightfoot on August 05, 2018, 08:07:22 AM

Quote from: HairyMaclairy on August 05, 2018, 03:57:01 AM

Quote from: lightfoot on August 04, 2018, 12:43:20 PM

Also sold to pick up a Porsche, but that's about it.

What did you get if you don’t mind my asking? I keep looking at the used ads but I’m not pulling the trigger yet.

Late model 928S4 (91). It's a pretty good car, complex but still fix-able if you know what you're doing. Good 340 or so HP, so enough to get underway and reasonably priced. Excellent suspension for the turns, and at 100mph it cruises on the highway well.

I have always had a soft spot for the 928s but don’t know a lot about them. What does the S4 badge mean?

mymenace

legendary

Activity: 1596

Merit: 1061

Smile

Quote from: sirazimuth on August 04, 2018, 03:32:07 PM

whenever there's a sea of red on CoinMarketCap, just for a shiggle I always look for that one that pumps.
just cuz there always is...and lo and behold....
Scammy-ass Shitcoin of the day.... EMPOWR COIN
brought to you by the quote, "inventor of virtual currency."
I'm all in man....

Good pick, amazing how you know so much.

Biodom

legendary

Activity: 3892

Merit: 4331

Quote from: HI-TEC99 on August 05, 2018, 04:59:36 PM

Quote from: Biodom on August 05, 2018, 04:11:52 PM

Quote from: JayJuanGee on August 05, 2018, 04:09:31 PM

$20k just seems like too much in the middle.. so to me, just does not seem to be like a sufficiently eggregious "blow off top."

The projected blow-off top of 30-50K was 'terminated" with the use of futures.
Without futures deployment mid December, we would probably 'heated' up to that 30-50K number within a week or two.

$30-50K still seems too much in the middle. $100k seems like a nice round number for an Autumn blow off top. Tongue

Yes, it (100K) could become an attractor.

gentlemand

legendary

Activity: 2604

Merit: 3056

Welt Am Draht

Quote from: Biodom on August 05, 2018, 04:11:52 PM

The projected blow-off top of 30-50K was 'terminated" with the use of futures.
Without futures deployment mid December, we would probably 'heated' up to that 30-50K number within a week or two.

Futures were microscopic when they launched. It was the excuse to die, not the cause. Classic sell the news stuff.

HI-TEC99

legendary

Activity: 2772

Merit: 2846

Quote from: Biodom on August 05, 2018, 04:11:52 PM

Quote from: JayJuanGee on August 05, 2018, 04:09:31 PM

$20k just seems like too much in the middle.. so to me, just does not seem to be like a sufficiently eggregious "blow off top."

The projected blow-off top of 30-50K was 'terminated" with the use of futures.
Without futures deployment mid December, we would probably 'heated' up to that 30-50K number within a week or two.

$30-50K still seems too much in the middle. $100k seems like a nice round number for an Autumn blow off top. Tongue

jonoiv

hero member

Activity: 966

Merit: 526

🐺Dogs for President🐺

Quote from: JayJuanGee on August 05, 2018, 04:01:03 PM

Quote from: jonoiv on August 05, 2018, 02:43:20 PM

Quote from: El duderino_ on August 05, 2018, 02:36:54 PM

Just like your guess on the list for highest price This year ..... around 7.5K or something
Roll Eyes

LOL

yer sorry, i got that one wrong. but still made decent profit 20k peak.

You are hardly convincing.

How could you be in a position to be making "decent profits" at any point in time if you are continuously spewing bear scenarios?

If you attempt to live anywhere near your prophecies, then you are not going to have very much of your possible investment capital in bitcoin. Therefore you are quite likely to be way under invested into bitcoin during times in which the exponential price increases take place.

As the old saying goes, "you gotta be in it to win it" and bitcoin has a relatively low number of real bull days during any particular calendar year.. even during bull years... so if you are nearly always preaching the bear scenario, then you are likely going to largely miss out on those bull days, when they do occur.

It was meant to say "decent profit since 20k peak".

There is an element of truth to what you say. I didn't hold any bitcoin from after i got wiped out to now, just alts (traded some btc from late 2017). made about 2000% by this time last year. sold all my alts well before the peak. if i'd held bicoin and sold at the exact peak that would be about 1500% profit. made almost 400% trading since Dec 2017. So since, i guess approx mid 2014 (i can't remember the date), thats about 8000% in 4 years. That's a conserative estimate.

But i did't have much to start with, so still very small fry, but im happy and very greatful.

Biodom

legendary

Activity: 3892

Merit: 4331

Quote from: JayJuanGee on August 05, 2018, 04:09:31 PM

$20k just seems like too much in the middle.. so to me, just does not seem to be like a sufficiently eggregious "blow off top."

The projected blow-off top of 30-50K was 'terminated" with the use of futures.
Without futures deployment mid December, we would probably 'heated' up to that 30-50K number within a week or two.

JayJuanGee

legendary

Activity: 3948

Merit: 11416

Self-Custody is a right. Say no to"Non-custodial"

Quote from: d_eddie on August 05, 2018, 03:17:30 PM

Quote from: JayJuanGee on August 05, 2018, 03:12:13 PM

We can experience our 85% and greater correction at a later date. There is no problem with that, and no reason that such further and additional correction might not take place at a later date.

I will take the 85% drop from 250k to 37.5k like a man. No whining, I promise!

Hey... anything is possible.

I was thinking something more in the territory of a drop from $120k to $18k... ... but I don't have any kind of exact foundation either.

Before this long correction (our current correction) I was thinking that our current blow off top would have taken us into the $30k to $50k range, and then at that point, I would have considered a 85% or more correction over a few years to be perfectly reasonable (so a drop to somewhere between $4k and $7,500 after going into the $30-$50k price range.. but that is not our scenario, no more.. because we already had a 70% price correction).

$20k just seems like too much in the middle.. so to me, just does not seem to be like a sufficiently eggregious "blow off top."

STT

legendary

Activity: 4102

Merit: 1454

Quote from: bones261 on August 05, 2018, 12:52:18 PM

I'm really don't think Bitcoin being on the radar of the Middle class is really what we should be aiming for. The people in the top two tiers of this pyramid are who needs to be convinced.

The highest growth comes from the smallest entities, true in business and very likely the best target for Bitcoin itself. Thats why the high fees thing was really not good for the underlying prospects of BTC and the high price at that time so ironic.
Markets move in mysterious ways, as BTC improved this year and developed better operation we see the lower price but thats how it goes with speculation.

Price is sideways and good prospect of upwards till 7200 maybe 7320 before some challenge I reckon, minor movements

JayJuanGee

legendary

Activity: 3948

Merit: 11416

Self-Custody is a right. Say no to"Non-custodial"

Quote from: jonoiv on August 05, 2018, 02:43:20 PM

Quote from: El duderino_ on August 05, 2018, 02:36:54 PM

Just like your guess on the list for highest price This year ..... around 7.5K or something
Roll Eyes

LOL

yer sorry, i got that one wrong. but still made decent profit 20k peak so im happy.

You are hardly convincing.

How could you be in a position to be making "decent profits" at any point in time if you are continuously spewing bear scenarios?

If you attempt to live anywhere near your prophecies, then you are not going to have very much of your possible investment capital in bitcoin. Therefore you are quite likely to be way under invested into bitcoin during times in which the exponential price increases take place.

As the old saying goes, "you gotta be in it to win it" and bitcoin has a relatively low number of real bull days during any particular calendar year.. even during bull years... so if you are nearly always preaching the bear scenario, then you are likely going to largely miss out on those bull days, when they do occur.

Biodom

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Activity: 3892

Merit: 4331

Quote from: JayJuanGee on August 05, 2018, 03:51:04 PM

I am not sure if I understand the pyramid.

The way that I see it is that there is actual accumulated wealth and there is annual income.

Of course, if you accumulate more wealth then the accumulated wealth can provide a higher income, otherwise you are dependent upon others for providing your annual income.

Also, the more that you are able to live on resources that are below your annual income, then the more that you will be able to accumulate wealth and to therefore aspire to accumulate enough wealth in order to be able to have your assets support your lifestyle (and likely retaining some additional cushion, too).

The pyramid does not seem to be complete, and it seems to be depicting accumulated wealth without juxtaposing that with annual income, right? Or am I missing something?

That's just liquid wealth (typically consisting of liquid assets not including main house equity) pyramid without taking income into consideration.
Source for the latest:
https://www.credit-suisse.com/corporate/en/articles/news-and-expertise/global-wealth-pyramid-decreased-base-201801.html

El duderino_

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