Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 16502. (Read 26709845 times)

Yes every kind of movement is 'great' 

Rising on low volume to me indicates bubbliness and fomo. Doesn't mean we can't go 10x higher. But far from a good sign imo

How many BTC are actually available in supply?

With the 2.5 million lost. And another 5 million or so held on by those with bought in prior to Nov 2013 bubble, how many are there actually in active circulation? That and probably a few more million who are holdling to like $10,000 coin.

Anyway to check the amount of UTXO from Genesis to mid 2015 or so?

There is this https://utxo-stats.com/ but it doesn't sum up the coin totals.

Seems price is rising so high due to shortage of bitcoins to go around.

That's how you get rich right? Buying the all time highs?   

Why?

If price is going up on low volume, there is not a problem with that, is there?

If volume picks up, then that means the battle is more intense, but it is not necessarily a good thing, or do you have a better theory?

Volume needs to pick up

No, no, no, you don't have the 5k ... ATH.

https://twitter.com/BitPopulous/status/903639008978378752

Passive retirement income. 

Its on the horizon now  

I bet there are some considering early retirement now lol

I really have no idea how I'm meant to sleep while this is happening

$5OOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO

 

 

 

WEEEEEEE!!

I'm surely hungry for more of them Nice coins

So How far forward are we going ..... happy i didn't open A new ATH game would loose btc on high speed..... Thanks for the few haters there that didn't liked it   

Still wants to open something around here 😬

This time it's going steady peasy to the moon... looks like the entire planet is hungry for BTC

Actually, do you know how rumors can be evolve their own legs when they get batted around long enough, and it is like the game "telephone" where the last message is no where close to the first message.

It is certainly true that Risto has had a lot of drama including losing bitcoins, buying a castle, getting involved in monero, getting a divorce, being supposedly chased by the government.. and some kind of online gaming, too, so yeah, it is not very clear regarding the extent to which some of these stories might overlap, and he has been a bit of a drama queen, too, including some photos that he circulated on the internet of his personal circumstances, and even personal details that may or may not be completely true.

He has also had some incidents of health problems including psychiatric treatment, and I recall one time trying to suggest that he take better care of his health, because I saw a picture of him with a cigar and he looked really pale and unhealthy and lacking in athleticism - for a fairly young guy.

Anyhow, the laptop losing incident in the conference/hotel/sauna predated his getting involved in Monero, so if he really did lose a bunch of Monero, then that may have been a separate incident?

I believe that the hotel/sauna/conference loss, even though substantial, did not leave him in any kind of state of poverty, because, I think that he bought the castle after that with bitcoins... and maybe in the end, he tries to be a big baller and we know the expression that a fool and his money are soon parted... and if you are engaging in a lot of this kind of drama, then you are likely going to have trouble hanging onto wealth, unless you have someone managing your money for you, such as a trust.

Sorry about that!!!!   YOU will have to support them, with your millions... hahahahaha   

It is really nice for us long time HODLRs and BTC accumulators to be sitting in the bird seat.  

Also better to be a long way into the black rather than in the red.  

I recall periods in 2015 that my total BTC investment had sunk into the negative 65% territory.  So, nice to be in the greater than 8x territory (even accounting very conservatively).

Sure, I made some mistakes with my BTC holdings over the years, which caused me some considerable losses of coins; however, even accounting for my various losses of coin, I continue to be quite amazed at how frequently i am experiencing another total return of my initial investment within a short period of time (including the cost of my losses, my mistakes and expenses)....

So, now, a $500 price change can take place a lot easier than such change did when prices were at $500.  

In other words, a 10% price change is much easier to achieve than a 50% to a 100% price change...

I understand that we should be considering these price change matters in terms of percentages; however, sometimes it is also helpful to consider profits in terms of absolute numbers.

If we are holding a certain number of coins, it is quite exciting to see how BTC prices quickly change by $100 to $500 these days, but does not constitute a major percentage of change in price. but can still feel like a considerable change in the value of total holdings.  

Even though a considerable amount of value is lost on paper with a 50% to 75% price reduction, I am not going to panic if such a price correction were to occur because I am still good with bitcoin prices above $1k, which seems less and less likely to happen in the short term - even though we were just in the $1000 territory around christmas time last year...

Even $2k seems a bit difficult to achieve, even though we were just there less than 2 months ago.  I am kind of thinking that our absolute floor might be around $2500.. but going up to $5900 first... so a bit more than 50% correction would still be possible and even reasonable under a kind of extended dumping campaign.

Sure, nothing is guaranteed, even though there seems to be decent ongoing upwards price momentum and upwards price pressures.

I'm kind of thinking that we have decent odds to get into the $5400 to $6400 range within this particular upwards run (and possibly within the coming week, if not the weekend) - but a major and significant price correction could happen at any time and end up forestalling such anticipated price range for a month or longer. 

I doubt that anyone really knows, except perhaps some whales who have a pretty decent idea regarding how much coin or fiat they hold and are willing to spend at these price points. 

For example, there could be some bear that is willing to dump 50k or more coins across exchanges - and whether that would be enough to get others to follow in such a dump is a question of not knowing - and that bear (or bears) could have more coins that they are willing to dump in order to get their way to attempt to stagnate or to reverse the ongoing upwards price pressures.. but at this point, it seems like such bear would be fighting what appears to be "the trend.".. the trend is your friend, the trend is your friend... ...     

Looks pretty tasty, but I'll have to compel my people root around in your knickers for any other sweetmeats too. Anyway, you're off the hook this time.