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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 15326. (Read 26718208 times)

sr. member
Activity: 443
Merit: 260
Funny thing is: If Bitcoin never rose to 19,5k 1-2 weeks ago we would now all be extremely happy.

Breaking 10k and no moving between 13 und 14k Cheesy
member
Activity: 70
Merit: 21
I am assuming you are talking about the false breakout to 16k, since it is now 14k.

Can you explain why this was obvious in hindsight? I'm just curious, because I thought it could stabilize at around 16k, high 15k.
legendary
Activity: 3388
Merit: 4775
diamond-handed zealot
Yea, it was really obvious, looking back. This is what I get for trying to actively trade while not sitting at my pc monitoring things. Sure I can trade on stamp from my phone, but it's not a good idea.

Don't feel bad.  If it makes you feel better I got long just about the same time.
full member
Activity: 266
Merit: 222
Deb Rah Von Doom
Thats it. Christmas is cancelled. Remove all the presents under the tree.
legendary
Activity: 3962
Merit: 11519
Self-Custody is a right. Say no to"Non-custodial"
So anyone buying their other half or family members some BTC for Christmas?

I've given each of the progeny (3 kids, 2 inlaws, 2 grandkids) 1 BTC each of the last three xmases. I see no reason to divert. This year, they'll be wrapped in Ledger Nano Ss.


O.k.

I understand that each of us have our proclivities for generousity, or not, but that sounds financially ridiculous for normal people.

I am presuming that you and I have similar quantities of bitcoin, and it seems ridiculous to me to give away gifts that are valued at about 40x more than they were two years ago and three years ago - merely because it is your tradition to give away the unit value of bitcoin, but bitcoin is measured in terms of dollars - and 40x just seems too outrageous.
member
Activity: 74
Merit: 10
Quote
The world wants it to be higher. It will be much, MUCH higher. Consider it the cost of a PR giveaway vs. other forms of PR. It will be worth it to the ones giving it away. This is similar to free email or free social networking, a bargain to you and a bargain to them. Fortunately they want you in the blockchain about 1000 times as much as they want you on Facebook so here comes the money.
It's a sell your soul kind of deal but it seems like they have all been for most of us during the past seventy years or so. The question is, do we actually have a choice?
Please explain in detail your thoughts, annoyimint would explain things even for the simple hearted, dont be a scrouge.  Peace
legendary
Activity: 1778
Merit: 1008
Come on baby, just another 1k up and I can still without taking a loss. Come on bitcoin, be good to me.

Yeah, they painted that fake breakout pretty good.  A lot of folks on the wrong side of that.

Yea, it was really obvious, looking back. This is what I get for trying to actively trade while not sitting at my pc monitoring things. Sure I can trade on stamp from my phone, but it's not a good idea.
legendary
Activity: 3388
Merit: 4775
diamond-handed zealot
Come on baby, just another 1k up and I can still without taking a loss. Come on bitcoin, be good to me.

Yeah, they painted that fake breakout pretty good.  A lot of folks on the wrong side of that.
legendary
Activity: 1778
Merit: 1008
Come on baby, just another 1k up and I can still without taking a loss. Come on bitcoin, be good to me.
legendary
Activity: 1652
Merit: 4393
Be a bank
got up early to fiddle with the goose

Happy Christmas wallies
legendary
Activity: 2310
Merit: 1799
Cлaвa Укpaїнi!


https://bitcointalksearch.org/topic/m.6306

Satoshi would not have wasted his time answering such a question if it was not in his original mind frame.

Great quote from that link too "If you don't believe me or don't get it, I don't have time to try to convince you, sorry."

I mean that link alone says more than anything I could or would ever need to say... something needs to change to regain market confidence in my opinion.



LOL good one!

Or fucking Poloniex  Lips sealed

I think that's a woman.

Nahh..its just one of those "either or's" that seem to be coming outta the woodwork these days. No worries...just dont raise an eyebrow
or anything like that. Its not polite....

No Adam's apple.
sr. member
Activity: 350
Merit: 250
Bitcoin Evengelist
There's an important 50/200 MA crossover coming up on daily chart (likely tomorrow). Expect that we will overshoot a little to the downside and then a short term bottom can form there
legendary
Activity: 1806
Merit: 1828
Is there still a chance bitcoin breaks ath before the new year?

Get me some of whatever this guy is smoking.

You never know. DCG may decide they need to offload some $20K+ BTC to some noobs on Coinbase to ring in the New Year. Cheesy

PS: I live in Colorado, so you already know what I have been smoking.
sr. member
Activity: 924
Merit: 311
#TheGoyimKnow
Is there still a chance bitcoin breaks ath before the new year?

Get me some of whatever this guy is smoking.
member
Activity: 84
Merit: 10
CME is colossal, more and more fuel is added to the rocket.

Um... it's not guaranteed "rocket fuel". CME futures actually allow traders to short BTC.  In other words, it's equally likely that traders can push the price down, as well as up.
member
Activity: 84
Merit: 10
Are we going down? Kinda looks like we headed for lower lows

Orderly correction in progress... volume does not indicate panic. So far, I'd say it's just taking some of the froth out of the price.
legendary
Activity: 2338
Merit: 1035
Are we going down? Kinda looks like we headed for lower lows
sr. member
Activity: 375
Merit: 250
FACT CHECK

Ok, as of right now, the price to send a transaction in the next block is about 140 satoshis per byte and a typical 1 input/2 output transaction is about 225 bytes. At $14k per bitcoin, a satoshi is worth $0.00014. So, 140 X 225 X $0.00014 = $4.41 per transaction.

Value of a Satoshi = Bitcoin price divided by 100,000,000
Typical Transaction Size = 225 bytes
Current fee in Satoshis per byte for next block = 140

Satoshi Value x Typical Transaction Size x Satoshi fee per byte = Transaction Cost.

Currently:
$0.00014 X 225 X 140 = $4.41

At the peak:
$0.00020 x 225 x 1000 = $45.00

Nice calculation sharing. I remember I have been charged for $30+ on my last transaction this month. Sooner or later the transaction fee will be sky high once bitcoin climbs to a new height.
legendary
Activity: 1260
Merit: 1116
The price of Bitcoin, it's too low. I liked it when it was higher. The world liked it when it was higher. This shouldn't even be an argument.

The world wants it to be higher. It will be much, MUCH higher. Consider it the cost of a PR giveaway vs. other forms of PR. It will be worth it to the ones giving it away. This is similar to free email or free social networking, a bargain to you and a bargain to them. Fortunately they want you in the blockchain about 1000 times as much as they want you on Facebook so here comes the money.
It's a sell your soul kind of deal but it seems like they have all been for most of us during the past seventy years or so. The question is, do we actually have a choice?

At this time of year, for some reason, I like to think of those ancient mariners that survived the ice age floods, spreading across the globe, obsessed with loss. Embarrassed
hero member
Activity: 824
Merit: 712
FACT CHECK

Ok, as of right now, the price to send a transaction in the next block is about 140 satoshis per byte and a typical 1 input/2 output transaction is about 225 bytes. At $14k per bitcoin, a satoshi is worth $0.00014. So, 140 X 225 X $0.00014 = $4.41 per transaction.

Value of a Satoshi = Bitcoin price divided by 100,000,000
Typical Transaction Size = 225 bytes
Current fee in Satoshis per byte for next block = 140

Satoshi Value x Typical Transaction Size x Satoshi fee per byte = Transaction Cost.

Currently:
$0.00014 X 225 X 140 = $4.41

At the peak:
$0.00020 x 225 x 1000 = $45.00
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