Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 15653.

Spaceman_Spiff_Original

full member

Activity: 417

Merit: 220

Hey Jojo, were we supposed to drink a shot at every $10k tick?

Code:

If so, I fear many liver and brain cells will die today....

BitcoinBunny

legendary

Activity: 1526

Merit: 2617

Comfortably over $10K going into 2018 I can foresee.
$100,000 by the summer and $1,000,000 after the next halving in 2020 sounds totally unrealistic.
I think one of the problems at this point is that even those that hold lots of cash let alone those on the breadline are totally unaware you can buy a fraction of a coin.

But I'd happily be proven wrong.

Searing

copper member

Activity: 2898

Merit: 1465

Clueless!

Quote from: Spaceman_Spiff_Original on December 01, 2017, 04:48:14 AM

Quote from: JayJuanGee on December 01, 2017, 04:45:20 AM

Quote from: TERA2 on December 01, 2017, 04:22:54 AM

I'm imagining this 10 year flag where it drops back to nothing after government bans and then 10 years later it finally breaks 10,000 (or whatever ath was) again as we struggle to watch what is going on in decentralized exchanges and hand to hand transactions.

Imagine that either Tera did not buy enough bitcoin or sold too many, and the bearish-bullshit talk begins to wax, wane and spew from her mouths....

Sure you have these bearish tendencies, which can be reasonable, but frequently you are spewing out scenarios that are NOT in touch with real actual happenings an real actual events in order to spread FUD.

You know JJG, the higher the price goes, the more you start acting like an a-hole.

Hey, I resemble that remark! (cocky I get..on the price rise..)

(despondent I get on the price dump...) Sad

conflicted Sad

Spaceman_Spiff_Original

full member

Activity: 417

Merit: 220

Quote from: JayJuanGee on December 01, 2017, 04:45:20 AM

Quote from: TERA2 on December 01, 2017, 04:22:54 AM

I'm imagining this 10 year flag where it drops back to nothing after government bans and then 10 years later it finally breaks 10,000 (or whatever ath was) again as we struggle to watch what is going on in decentralized exchanges and hand to hand transactions.

Imagine that either Tera did not buy enough bitcoin or sold too many, and the bearish-bullshit talk begins to wax, wane and spew from her mouths....

Sure you have these bearish tendencies, which can be reasonable, but frequently you are spewing out scenarios that are NOT in touch with real actual happenings an real actual events in order to spread FUD.

You know JJG, the higher the price goes, the more you start acting like an a-hole.

JayJuanGee

legendary

Activity: 3920

Merit: 11299

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

Quote from: TERA2 on December 01, 2017, 04:22:54 AM

I'm imagining this 10 year flag where it drops back to nothing after government bans and then 10 years later it finally breaks 10,000 (or whatever ath was) again as we struggle to watch what is going on in decentralized exchanges and hand to hand transactions.

Imagine that either Tera did not buy enough bitcoin or sold too many, and the bearish-bullshit talk begins to wax, wane and spew from her mouths....

Sure you have these bearish tendencies, which can be reasonable, but frequently you are spewing out scenarios that are NOT in touch with real actual happenings an real actual events in order to spread FUD.

Spaceman_Spiff_Original

full member

Activity: 417

Merit: 220

Quote from: Totscha on December 01, 2017, 04:21:27 AM

Quote from: TERA2 on December 01, 2017, 04:15:42 AM

Quote from: JimboToronto on December 01, 2017, 04:06:34 AM

Quote from: TERA2 on December 01, 2017, 03:56:22 AM

I guess it's more like it's flying into the sun because it's going to get regulated to death.

Individual governments can only regulate exchanges, payment processors, etc.

They can't regulate Bitcoin.

They can regulate exchanges and payment processors, they can pass laws that the average person will follow, and they can set up firewalls so only tech saavy users will be able to get around. Any of these will significantly lower the value. Right now at the current value we are here due to expecting massive fiat channels and big financial players with the full blessing of governments. Bitcoin will still exist without government approval, but not at this price - not for a while at least.

Of course, it's normal for things to get very cheap on the black market once they become illegal.

That's a ludicrous comparison. Bitcoin has a fixed supply and thus gets a higher price from more people buying in and holding. A government ban would lower the userbase, thus dropping price.
Higher price from black market goods comes from a risk premium the producers and vendors get to charge. They have fewer competition because not everyone is willing to go to jail.

EDIT: Time for a shot JoJo !

Meuh6879

legendary

Activity: 1512

Merit: 1012

Source : http://www.zerohedge.com/news/2017-11-30/here-are-three-questions-we-hear-most-about-bitcoin-moment

Quote

There are currently $1.1 trillion in $100 bills in global circulation, and $650 billion in high denomination euro notes. Total value: $1.7 trillion, not counting counterfeit notes that likely add 20-30% (in the case of $100 bills at least).

By comparison, bitcoin’s current total value is $167 billion, and total crypto currency outstanding is $307 billion.

The question is: what is the appropriate share for crypto currencies like bitcoin in a market defined as “fiat+crypto currencies”? At current levels, bitcoin’s share is 8%, and all cryptos combined have a 15% share.

Where could this ratio go? Here is a table to consider, assuming bitcoin remains 50% of the total crypto currency market (a fairly sticky ratio lately):

- Bitcoin at $20,000: 14% market share of crypto+fiat paper currency market
- Bitcoin at $50,000: 25% market share
- Bitcoin at $100,000: 33% market share

Karartma1

legendary

Activity: 2310

Merit: 1422

Do you know why Bitcoin is doomed to reach one million per coin?
Because that way everybody will probably don't mind paying CG on a single bitcoin.

Cool

On a different note...
considering all the many txs I made and all the different adds I used and all the keys/wallet that I compromised (yes, that happens as well you all know that) I don't even fucking remember how many BTC I touched in my life.
How on Earth am I supposed to pay CG?

TERA2

full member

Activity: 266

Merit: 222

Deb Rah Von Doom

Doge will be the new world currency. Not bitcoin.

vroom

legendary

Activity: 1303

Merit: 1681

a Cray can run an endless loop in under 4 hours

Quote from: TERA2 on December 01, 2017, 04:22:54 AM

I'm imagining this 10 year flag where it drops back to nothing after government bans and then 10 years later it finally breaks 10,000 (or whatever ath was) again as we struggle to watch what is going on in decentralized exchanges and hand to hand transactions.

how is your dogecoin doing?

TERA2

full member

Activity: 266

Merit: 222

Deb Rah Von Doom

I'm imagining this 10 year flag where it drops back to nothing after government bans and then 10 years later it finally breaks 10,000 (or whatever ath was) again as we struggle to watch what is going on in decentralized exchanges and hand to hand transactions.

Totscha

hero member

Activity: 1276

Merit: 622

Quote from: TERA2 on December 01, 2017, 04:15:42 AM

Quote from: JimboToronto on December 01, 2017, 04:06:34 AM

Quote from: TERA2 on December 01, 2017, 03:56:22 AM

I guess it's more like it's flying into the sun because it's going to get regulated to death.

Individual governments can only regulate exchanges, payment processors, etc.

They can't regulate Bitcoin.

They can regulate exchanges and payment processors, they can pass laws that the average person will follow, and they can set up firewalls so only tech saavy users will be able to get around. Any of these will significantly lower the value. Right now at the current value we are here due to expecting massive fiat channels and big financial players with the full blessing of governments. Bitcoin will still exist without government approval, but not at this price - not for a while at least.

Of course, it's normal for things to get very cheap on the black market once they become illegal.

TERA2

full member

Activity: 266

Merit: 222

Deb Rah Von Doom

Quote from: JimboToronto on December 01, 2017, 04:06:34 AM

Quote from: TERA2 on December 01, 2017, 03:56:22 AM

I guess it's more like it's flying into the sun because it's going to get regulated to death.

Individual governments can only regulate exchanges, payment processors, etc.

They can't regulate Bitcoin.

They can regulate exchanges and payment processors, they can pass laws that the average person will follow, and they can set up firewalls so only tech saavy users will be able to get around. Any of these will significantly lower the value. Right now at the current value we are here due to expecting massive fiat channels and big financial players with the full blessing of governments. Bitcoin will still exist without government approval, but not at this price - not for a while at least.

JimboToronto

legendary

Activity: 4200

Merit: 4887

You're never too old to think young.

Quote from: TERA2 on December 01, 2017, 03:56:22 AM

I guess it's more like it's flying into the sun because it's going to get regulated to death.

Individual governments can only regulate exchanges, payment processors, etc.

They can't regulate Bitcoin.

TERA2

full member

Activity: 266

Merit: 222

Deb Rah Von Doom

I guess it's more like it's flying into the sun because it's going to get regulated to death.

JimboToronto

legendary

Activity: 4200

Merit: 4887

You're never too old to think young.

Oort cloud?

Now you're making me nostalgic for the days Jaroslaw/Walsoraj.

Cheesy

TERA2

full member

Activity: 266

Merit: 222

Deb Rah Von Doom

jojo69

legendary

Activity: 3374

Merit: 4738

diamond-handed zealot

Quote from: explorer on December 01, 2017, 12:08:48 AM

Its still a for profit company that takes a 20% tax on every block. I mean, WTF?

Anyway, people will use whatever they want, and most will lose their money. Its human nature.

Bitcoin. $8000 or $11000 next?

but...but...the snarks man

oh who am I kidding, I don't even know what a snark is

TERA2

full member

Activity: 266

Merit: 222

Deb Rah Von Doom

Quote from: explorer on December 01, 2017, 02:15:20 AM

Quote from: podyx on December 01, 2017, 01:53:29 AM

This is not looking good..

Sure it is. Exhale occasionally. Take a clean breath at $8200, and then hold it again if you like Grin

I think it looks good. I've seen this chart so many times in Bitcoin now starting with when it broke out from $260 to $400 and retraced back to $260. It looked just like this.

When we actually crash it goes swift and deep and isn't going to take all day or keep going back up into previous levels.

explorer

legendary

Activity: 2016

Merit: 1259

Quote from: flashbit on December 01, 2017, 02:32:40 AM

Quote from: explorer on December 01, 2017, 02:21:56 AM

Quote from: 600watt on December 01, 2017, 02:17:37 AM

Quote from: marcus_of_augustus on November 30, 2017, 06:21:40 PM

Bearstamp leading the charge back to 10K == bullish.

Countries that do _not_ have capital gains taxes; Switzerland, Seychelles, Hong Kong, Singapore, New Zealand, British Virgin Islands (other Carribean sweat holes too many to remember), Panama, ... i.e. there's quite a few if you do your research.

If exporting crypto from Coinbase to local wallet is considered a taxable event how much is a cross-chain atomic swap going to blow their tiny minds?

Dinosaurs, meteorites, asteroids, etc ... they should just run before they get smashed by a ball of fire impacting on their stupidity, exploding their evil, naked greed and lust for the wealth of others.

in germany, when hodling btc for more than 12 months: no taxes at all on the gains. a tax that encourages hodling. sweet.

I believe that is known as Hodler's Law. Tongue

A real law or a joke, you have any link ?

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 15653. (Read 26609225 times)