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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 17058. (Read 26586240 times)

hero member
Activity: 1034
Merit: 558
funnex breaking above 2550 Roll Eyes
hero member
Activity: 703
Merit: 502
Interesting ... or not ?

Lots of extra bitmain miners who will do anything to avoid segwit - but the chances of Segwit activating on Bitcoin are vanishingly small
legendary
Activity: 1512
Merit: 1012
Interesting ... or not ?

legendary
Activity: 3766
Merit: 5380
So has Bitcoin finally flipped from a greed trade to a fear/hedge trade? The reserve currency of the crypto world?

The beginnings of mass lost confidence in the worldwide corrupt, debt-fueled fiat banking cartels?

If so, hang on to your butts. The next few years will be a wild ride.   Cool
hero member
Activity: 1792
Merit: 534
Leading Crypto Sports Betting & Casino Platform


Well...just a random thing that just hit me on the head....at the current price of gold is $1,280.30 and as of 2 seconds ago
the price of BTC is $2597.00

Well...put a light on my head and paint me like a lighthouse....we are more then TWICE the value of Gold now. Smiley

Sheesh..it was not that long ago we were just trying to MATCH the price of gold if I remember right

(all so fast...all so pump...all so scary) Smiley

anyway..just thought this should be mentioned thou in hindsight it is as obvious as a brick dropped on your foot


The reason that it's gone past us so fast is because it's an arbitrary comparison.  You could only compare based on how many ounces of gold there are.  If you look at any measure which actually makes sense, Bitcoin's price is completely insignificant compared to that of gold.
newbie
Activity: 28
Merit: 0
How long before the mainstream financial media is forced to admit that Bitcoin is for real and that this is just sustained exponential growth and not a bubble?

Fixed that for you  Cheesy

Indeed. It's actually both sustained and exponential and will be until it finishes the vertical phase which it hasn't even entered yet.

Yeehaw!

 Cool

now $3000 was fun BTC now climb on up to $5000 to field test long range weapons Cool weeee
member
Activity: 63
Merit: 10
Smaller fishes can be younger but also smart ;p
Smells like a new ATH soon this week.Today we had some sell pressure at 2600$, but bears could not do anything against the bullish forces.

Fasten your seatbelts if price starts trying to break 2750$ support at Bitstamp , next uptrend could be insane  Grin Grin Grin
legendary
Activity: 4200
Merit: 4887
You're never too old to think young.
How long before the mainstream financial media is forced to admit that Bitcoin is for real and that this is just sustained exponential growth and not a bubble?

Fixed that for you  Cheesy

Indeed. It's actually both sustained and exponential and will be until it finishes the vertical phase which it hasn't even entered yet.

Yeehaw!

 Cool
legendary
Activity: 3108
Merit: 1531
yes
How long before the mainstream financial media is forced to admit that Bitcoin is for real and that this is just sustained exponential growth and not a bubble?

Fixed that for you  Cheesy
legendary
Activity: 4200
Merit: 4887
You're never too old to think young.
A very good morning Bitcoinland.
 
I see the nice steady uptrend continues... currently $2596USD/$3504CAD (Bitcoinaverage).

How long before the mainstream financial media is forced to admit that Bitcoin is for real and that this is just sustained growth and not a bubble?

Gotta love it. Go Bitcoin go.
legendary
Activity: 1652
Merit: 4393
Be a bank

Quote
No. Casper can survive 51% attacks happening once in a while; we can just delete the attackers' deposits and keep going.

Good to know...

Good lord. And the ETH supporters, who were originally all principled Bitcoiners, now apparently don't give a shit about a permissionless, trustless cryptocurrency that can't be just rolled back, censored, or 'deleted'.

Talk about justifying one's position. Not to mention I think it's humorous that nobody but Vitalik really even knows how ETH works at the nuts and bolts level, or what it's flaws are. Gonna be a huge disaster in the future.

It's ok, Vladimir knows too: http://en.kremlin.ru/events/president/news/54677
legendary
Activity: 3766
Merit: 5380

Quote
No. Casper can survive 51% attacks happening once in a while; we can just delete the attackers' deposits and keep going.

Good to know...

Good lord. And the ETH supporters, who were originally all principled Bitcoiners, now apparently don't give a shit about a permissionless, trustless cryptocurrency that can't be just rolled back, censored, or 'deleted'.

Talk about justifying one's position. Not to mention I think it's humorous that nobody but Vitalik really even knows how ETH works at the nuts and bolts level, or what it's flaws are. Gonna be a huge disaster in the future.
legendary
Activity: 3108
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yes
legendary
Activity: 2338
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legendary
Activity: 1512
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legendary
Activity: 1512
Merit: 1012
be prepare for the next PUMP : http://www.zerohedge.com/news/2017-06-04/its-buying-dream-japanese-and-south-korean-investors-fuel-bitcoins-meteoric-rise

Quote
Retail investors in Asia, many of whom are already regular investors in stock and futures markets, are turning to bitcoin in droves. Trading volume on Asia-based exchanges exploded following a Japanese law that officially designated bitcoin as legal currency. And now that the largest Chinese exchanges have reinstated customer withdrawals, the bitcoin market in China will likely stabilize, and the price will likely rise as a result.

Bitcoin was recently trading in South Korea at a $400 premium to its value on US-based exchanges, in part due to tough money-laundering rules that make it difficult to move bitcoin in and out of those markets, Reuters reports.

One of the retail traders interviewed by Reuters said she started with bitcoin because she’s worried she won’t be able to rely on her pension.
legendary
Activity: 2310
Merit: 1422
rockets...
rockets everywhere
legendary
Activity: 1764
Merit: 1031


Well...just a random thing that just hit me on the head....at the current price of gold is $1,280.30 and as of 2 seconds ago
the price of BTC is $2597.00

Well...put a light on my head and paint me like a lighthouse....we are more then TWICE the value of Gold now. Smiley

Sheesh..it was not that long ago we were just trying to MATCH the price of gold if I remember right

(all so fast...all so pump...all so scary) Smiley

anyway..just thought this should be mentioned thou in hindsight it is as obvious as a brick dropped on your foot




Yes searing we are easy to forget the very recent battle to reach gold parity. It's funny how we become used to certain prices so quickly. double gold 1oz price.....amazing.

Spot price, yes. Actually try to buy 2oz gold for 1 BTC from bitgild and you get SPANKED by BitPay's massive spread, or commission fee, or breathing charge, or whatever it is.
legendary
Activity: 1358
Merit: 1016


Well...just a random thing that just hit me on the head....at the current price of gold is $1,280.30 and as of 2 seconds ago
the price of BTC is $2597.00

Well...put a light on my head and paint me like a lighthouse....we are more then TWICE the value of Gold now. Smiley

Sheesh..it was not that long ago we were just trying to MATCH the price of gold if I remember right

(all so fast...all so pump...all so scary) Smiley

anyway..just thought this should be mentioned thou in hindsight it is as obvious as a brick dropped on your foot




Yes searing we are easy to forget the very recent battle to reach gold parity. It's funny how we become used to certain prices so quickly. double gold 1oz price.....amazing.
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