Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 16630.

JayJuanGee

legendary

Activity: 3920

Merit: 11299

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

Quote from: rjclarke2000 on August 14, 2017, 05:02:57 AM

Quote from: JayJuanGee on August 14, 2017, 04:53:36 AM

The sell wall on Gemini at $4125 started at about 1k btc about 20 minutes ago, and it looks like it is getting eaten away slowly. I feel like making a buy, just to contribute to the cause. It is down to 448 BTC as I type, but even if I made a BIG purchase (for me), it would not make a big dent in the wall.

Come on JJG put your hand in your pocket and buy up a couple of hundred.

Even with all this BTC price appreciation that some of us longer time HODLers have experienced (16x in 21 months) - we remain really minnows in this pond of whales - so I did attempt to contribute my small minnow part to the cause, and possibly several of us minnows can add up to making a difference from time to time, and make a little profits along the way, perhaps?

Lauda

legendary

Activity: 2674

Merit: 3000

Terminated.

I called it just a few hours ago.

Quote from: Lauda on August 14, 2017, 03:29:45 AM

Quote from: ?? on ??

Sheeit. Smell a correction comin'

Not yet.

If by "correction comin'" BobLawblaw meant a new ATH is coming, then he may have been right.

hodl_2015

member

Activity: 371

Merit: 57

Quote from: Asrael999 on August 14, 2017, 04:13:04 AM

Quote from: Bubble Dreams on August 14, 2017, 03:58:50 AM

It's time to aim high. $1 billion dollar bitcoins within 5 years. Book it.

If we get that high we'll have to come up with a fork to create micro-satoshi. That $10 a satoshi levels.

1 satoshi is also the minimum (sensible) transaction fee, but I'm not complaining at 1$B.

rjclarke2000

legendary

Activity: 1358

Merit: 1016

Quote from: JayJuanGee on August 14, 2017, 04:53:36 AM

The sell wall on Gemini at $4125 started at about 1k btc about 20 minutes ago, and it looks like it is getting eaten away slowly. I feel like making a buy, just to contribute to the cause. It is down to 448 BTC as I type, but even if I made a BIG purchase (for me), it would not make a big dent in the wall.

Come on JJG put your hand in your pocket and buy up a couple of hundred.

JayJuanGee

legendary

Activity: 3920

Merit: 11299

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

The sell wall on Gemini at $4125 started at about 1k btc about 20 minutes ago, and it looks like it is getting eaten away slowly. I feel like making a buy, just to contribute to the cause. It is down to 448 BTC as I type, but even if I made a BIG purchase (for me), it would not make a big dent in the wall.

Edit: Hahahahaha.. Finally I may have done a good thing for everyone, including myself. I watched the wall, and it suddenly went down from 433BTC and down to 18BTC, and I made my pounce, especially since on my other screen, I could see that Stamp had about $100 premium with new ATH movement. My small contribution at the bargain price of $4125. Now, I gotta figure out when to sell because that was outside of my regular practices? Maybe sell little by little starting around $4250? or is that too conservative?

600watt

legendary

Activity: 2338

Merit: 2106

if ever someone says to you bitcoin is for criminals, please let them read taibbi´s report.

the legacy banking system is rotten to its core.

Quote

Years ago, we found out that the world's biggest banks were manipulating LIBOR. That sucked.

Now, the news is worse: LIBOR is made up.

Actually it's worse even than that. LIBOR is probably both manipulated and made up. The basis for a substantial portion of the world's borrowing is a bent fairy tale.

http://www.rollingstone.com/politics/news/taibbi-is-libor-crucial-financial-benchmark-a-lie-w497305

bitcoin hodlers will rule. fuck them banksters.

soullyG

hero member

Activity: 1011

Merit: 721

Decentralize everything

$4200, let's see how high this baby can go

YamashitaRen

full member

Activity: 147

Merit: 100

Should have put this 4k limit order Grin

I'm just so unwell with the idea of buying dips while I'm asleep...

kludzins

sr. member

Activity: 274

Merit: 251

Nice.
Monday up and fiat flowing in Cool

podyx

legendary

Activity: 2338

Merit: 1035

JayJuanGee

legendary

Activity: 3920

Merit: 11299

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

Quote from: Lauda on August 14, 2017, 03:29:45 AM

Quote from: yefi on August 14, 2017, 12:27:39 AM

Quote from: JayJuanGee on August 13, 2017, 07:37:54 PM

One thing is that the past 21 months have been so fucking amazing - really from $250 to $4190 - and even the 80% increase in the past couple of weeks.

Amen to that. A life-changing 21 months.

Now think about what the coming 21 months will hold for us.

Do you really think that we could get any better than the previous 21 months? I mean really? What happened in the previous 21 months is more than a 16x increase - I would be quite surprised to see anything close to that in the next 21 months, and if that is true, many of us BTC holders are going to have to figure out some really serious ways to strategically secure our wealth... and really to have enough will power to not sell too much too soon. My strategy to sell 1% for every 10% rise is working kind of well (for me), even with our recent exponential growth.. although I still feel as if I have quite a bit of cash.. but that is o.k., too, kind of insurance and feels good to have some ability to buy back for the extreme dips that have not been happening.. Cheesy

.

Elwar

legendary

Activity: 3598

Merit: 2386

Viva Ut Vivas

Quote from: soullyG on August 14, 2017, 04:22:48 AM

Pushing up on ATH again, oh Bitcoin you untameable beast Kiss

When the price was around $750 my sister asked if she should sell her .5 btc and my thoughts on the price.

Based on the cup and handle thing people brought up here I told her that if the price broke $800 the price would skyrocket.

Now she thinks I'm a financial genius Tongue

Is that a 3 day cup and handle I see? Break $4190 and the price will skyrocket Wink

soullyG

hero member

Activity: 1011

Merit: 721

Decentralize everything

Pushing up on ATH again, oh Bitcoin you untameable beast Kiss

Ludwig Von

sr. member

Activity: 854

Merit: 307

Quote from: Lauda on August 14, 2017, 03:29:45 AM

Not yet.
[/quote]

Point is : when, @ what level and how deep and duration... .

Asrael999

hero member

Activity: 703

Merit: 502

Quote from: Bubble Dreams on August 14, 2017, 03:58:50 AM

It's time to aim high. $1 billion dollar bitcoins within 5 years. Book it.

If we get that high we'll have to come up with a fork to create micro-satoshi. That $10 a satoshi levels.

Asrael999

hero member

Activity: 703

Merit: 502

Time to change the price to be per satoshi? Damn they're cheap you can still get 24,000 of the little guys for $1

Bubble Dreams

newbie

Activity: 38

Merit: 0

It's time to aim high. $1 billion dollar bitcoins within 5 years. Book it.

Lauda

legendary

Activity: 2674

Merit: 3000

Terminated.

Quote from: fabiorem on August 14, 2017, 12:27:59 AM

So, $3700 by wednesday, right? This is the dip everyone is predicting.

That's the dip that people who sold are hoping for. Wink

Quote from: yefi on August 14, 2017, 12:27:39 AM

Quote from: JayJuanGee on August 13, 2017, 07:37:54 PM

One thing is that the past 21 months have been so fucking amazing - really from $250 to $4190 - and even the 80% increase in the past couple of weeks.

Amen to that. A life-changing 21 months.

Now think about what the coming 21 months will hold for us.

Quote from: ?? on ??

Sheeit. Smell a correction comin'

Not yet.

JayJuanGee

legendary

Activity: 3920

Merit: 11299

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

Quote from: AlexGR on August 14, 2017, 12:53:24 AM

Quote from: ?? on ??

Quote from: yefi on August 14, 2017, 12:27:39 AM

Quote from: JayJuanGee on August 13, 2017, 07:37:54 PM

One thing is that the past 21 months have been so fucking amazing - really from $250 to $4190 - and even the 80% increase in the past couple of weeks.

Amen to that. A life-changing 21 months.

AND THE BLACK MAN SAYS "PRAISE THE LAWD !!!"

And the real amazing thing about Bitcoin is that this rocket is just getting off the launchpad. We haven't even broke free of the tower yet, if you consider the bigger picture.

Yep, and it's not at all surprising. To put things into perspective, Bitcoin hasn't even attained ...1% of gold's marketcap - which is the prime alternative to fiat as a store of value (excluding real estate).

In fact the entire bitcoin marketcap is worth just a few months of gold mining (annual production of 3200 tons is valued at ~135bn $). Again, Bitcoin's price seems high only due to the 21mn coins effect. Had it been, say, 21 billion coins, nobody would consider BTC having reached some kind of lofty target at ...4$. Yet things would be exactly the same, marketcap wise.

You seem to be asserting, in part, that bitcoin's value could be somewhere in the gold parity (john mcafee eat my dick) territory, and I think that there is some truth in that, and even with ongoing decent exponential adoption, if someone is actually good for his word, we are likely going to witness some dick eating because another 100x in 3 years, just seems way too astronomical - even though it could be more reasonably achievable in a longer period of time, maybe 10-ish years, possibly?

It is difficult to determine for sure in terms of how fast prices could rise, but there are likely to be continued bitcoin sabotage attempts in the coming years, and also manipulations to trick people out of their coins, and surely some kinds of greater developments of user-friendliness need to evolve in order for bitcoin to really achieve gold parity price territory, no?

AlexGR

legendary

Activity: 1708

Merit: 1049

Quote from: ?? on ??

Quote from: yefi on August 14, 2017, 12:27:39 AM

Quote from: JayJuanGee on August 13, 2017, 07:37:54 PM

One thing is that the past 21 months have been so fucking amazing - really from $250 to $4190 - and even the 80% increase in the past couple of weeks.

Amen to that. A life-changing 21 months.

AND THE BLACK MAN SAYS "PRAISE THE LAWD !!!"

And the real amazing thing about Bitcoin is that this rocket is just getting off the launchpad. We haven't even broke free of the tower yet, if you consider the bigger picture.

Yep, and it's not at all surprising. To put things into perspective, Bitcoin hasn't even attained ...1% of gold's marketcap - which is the prime alternative to fiat as a store of value (excluding real estate).

In fact the entire bitcoin marketcap is worth just a few months of gold mining (annual production of 3200 tons is valued at ~135bn $). Again, Bitcoin's price seems high only due to the 21mn coins effect. Had it been, say, 21 billion coins, nobody would consider BTC having reached some kind of lofty target at ...4$. Yet things would be exactly the same, marketcap wise.

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 16630. (Read 26609274 times)