Author

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 16992. (Read 26716410 times)

legendary
Activity: 924
Merit: 1000
Are you dumping silver for cheaper BTC rebuy ?

What kind of fool would do that?  Silver is at cost of production or even below it for some miners.  Silver is a far better buy than BTC.  Next metals bull run will probably be gold $3000-3200, silver $90-120.  If there's some type of big economic event or lots of printing, gold $5000-ish, silver $166-$200.  If they're forced to revalue gold entirely in one act, gold will be set to $10-20k and silver will be astronomical.

How much BTCs you hold  ?
full member
Activity: 275
Merit: 104
Enough of this shite.  lets go North for a change...
legendary
Activity: 1260
Merit: 1000
Are you dumping silver for cheaper BTC rebuy ?

What kind of fool would do that?  Silver is at cost of production or even below it for some miners.  Silver is a far better buy than BTC.  Next metals bull run will probably be gold $3000-3200, silver $90-120.  If there's some type of big economic event or lots of printing, gold $5000-ish, silver $166-$200.  If they're forced to revalue gold entirely in one act, gold will be set to $10-20k and silver will be astronomical.
legendary
Activity: 924
Merit: 1000
hero member
Activity: 658
Merit: 503
Bear with me
Going for a higher low. This was it for the weekend. Bears had their fun...
legendary
Activity: 2352
Merit: 1064
Bitcoin is antisemitic
legendary
Activity: 1526
Merit: 1012
Who sold at THAT bottom ?  Cheesy
legendary
Activity: 1260
Merit: 1116
Um I have a theory for the latest correction. Yesterday I read about the busting of AlphaBay and at least one of their admins. The article went on to say that they averaged around 600~800k in sales daily which in my head is a daily support of some 500k. Can this have some correlation with the price or not? I mean getting half a million dollars off table every day is something.

The fact that the biggest dark market on the net shuttered and the administrator suicided in Thai jail didn't happen in a vacuum. That's for sure.
member
Activity: 122
Merit: 10
Who are those guys posting bs graphs and proclaiming doom? BTC price is recovering, we're going back up!
legendary
Activity: 3808
Merit: 7912
Some reasonable support around 2k, but below the orderbook is tiny, then the drop probably will be quick.

The orderbook doesn't seem tiny to me and I'm bearish.

And I'm sure, at least for your mother's part, that it's fortunate you studied biology.

Not so fortunate, as my training in biology resulted in her plastination.

 That's just scary.  I hope you at least waited until she died of natural causes.

legendary
Activity: 2842
Merit: 1511
Well I just sold a bitcoin for some pocket cash. $1980 a coin net, BLAH. However the machine only offered me $580. Bearish....

Then 10 minutes later I got a text from the owner. "Would you like more money?" "Sure, another $1400 would do.". "Oh we have that in the machine we'll free it up for you..."

Guy got seriously cheap coinz.

BULLISH!

Shocked

Don't you use escrow? Def wouldn't be doing trades without it.
legendary
Activity: 1806
Merit: 1164
Browse Bollinger Bands on a weekly Bitstamp chart and it looks like price is heading down to 20 MA at $1800 to shake out the weak hands. Should get there by August 1. Place your bids.

legendary
Activity: 1806
Merit: 1828


Monero disagrees (so far).

Just increase the market cap by like 10X (sustained). I'm sure someone will find it worth their while to come up with something. Grin

I think this is the best you'll ever find, a box with consumer cpus and gpus and call it ''asics'': http://1stminingrig.com/pandaminer-b1-plus-review-8x-rx480-gpu-integrated-miner/



The only real limitation is the R&D cost to develop an ASIC. Plus, the risk that If one were developed, they'd just change the algo again and make the effort worthless. However, if they tried to change the algo with Bitcoin, some entity like Bitmain or Bitfury would just develop one on the DL and make every effort to obfuscate this fact when they start putting the farms online to recoup R&D cost and then profit. Also, the risk of Bitcoin changing the algo is much less than Monero, I believe. The Bitcoin community can't even get everybody to be on the same page to address the scaling "issue." How much squabbling would an algo change create?
legendary
Activity: 2842
Merit: 1511
Some reasonable support around 2k, but below the orderbook is tiny, then the drop probably will be quick.

The orderbook doesn't seem tiny to me and I'm bearish.

And I'm sure, at least for your mother's part, that it's fortunate you studied biology.

Not so fortunate, as my training in biology resulted in her plastination.
legendary
Activity: 3220
Merit: 2334
I fix broken miners. And make holes in teeth :-)
Well I just sold a bitcoin for some pocket cash. $1980 a coin net, BLAH. However the machine only offered me $580. Bearish....

Then 10 minutes later I got a text from the owner. "Would you like more money?" "Sure, another $1400 would do.". "Oh we have that in the machine we'll free it up for you..."

Guy got seriously cheap coinz.

BULLISH!

As for the rest...

hero member
Activity: 784
Merit: 512
Bull trap or the bottom has been reached?

Opinions?

Bullshit trap is more like it.  Cheesy

Been a bear trap since June 11
sr. member
Activity: 336
Merit: 250
Price will go down until Bitmain goes down.

(...)
You all can thank Jeff Garizk, Jihad Wu, Roger Ver and the rest of people involved in this attack. Sad to see. I can't wait for their asses to get kicked hard.

Yes! Bring it on! NOW!!
Get them in, - the 148.th kicking asses.  And burn this shitmainhole down! ... Down!!

The Garlic, Jihadi Who? and FuzzyFur won't even hear the thunder...
 It will be like the second BLITZ!! - the SecBlitz!!   ...   AHAHAAHAHA!!



and out of the ashes...

 Arise!! ... Arise!! ... CHIKUN!!!

 Grin
hero member
Activity: 669
Merit: 500
seriously, is this the end of crypto?
NO
You still have ETH or LTC
Jump to: