Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 17255. (Read 26608364 times)

PSA: Keylogger in Hewlett-Packard Audio Driver
https://www.modzero.ch/modlog/archives/2017/05/11/en_keylogger_in_hewlett-packard_audio_driver/index.html

I like the $9588 target...but $8888 seems like it would be too hard to resist as a spike target.

This is a part of a much bigger movement according to the fundamentals. Shorts will be left behind for good.

think we'll see a replay of 2013? like, 2013 with the decimal place moved over one? masterluc called for a target of little above $9k i think so that would fit ...  

Be nice if this one doesn't crash so hard though. A nice opportunity to load up with more around the $1000 area wouldn't be too horrific but I don't really want to see much lower than that ever again.

bitcoin has room for improvement in the fungibility department. LN should help with that but too early to know.

we're starting to make the 2013 bubble look stupid

I use Ledger, love it.  Much of my choice was liking the way it looks over the Trezor. 

It also supports the major Alt currencies if that's a thing.

Mmmmm, I love coffee 

I'm losing a little btc on a small ltc investment (for now), but it's very small (approx. 5 ltc) so I'm like "Pffff" 

A splendid good morning ladies and gentlemen of Bitcoinland.

Another day, another ATH, another correction and consolidation... currently $1846USD (Bitcoinaverage).

Seems to be forming a nice bullish pennant, preparing for the next leg up.

We all know this can't go on forever. There's bound to be a more substantial correction eventually. The questions are when and how deep.

Now that we're trading over $2500CAD according to all major indexes, I'd jump all over any dip below $2000 as a buying opportunity.

I can't believe I'm actually looking at two grand as a bargain basement price.  

Go Bitcoin go.

those are noble sentiments but filthy greed overrides everything else. now that crypto is starting to take off we ain't seen nothing yet in terms of shamelessness.

if shit like onecoin can thrive then anything even slightly more legitimate will always excite people. if it's cheap and hyped enough they'll fall for the patter that it's the next bitcoin.

HODL your MOON SANDWICHES, GENTLEMEN



edit:

It will stop when people who buy alts begin to realize that they are being taken. Most alts are simply penny stock PnDs, others are ICOs so basically people crowdfunding the dev salaries to work on something that will likely go nowhere or get absorbed into other projects. Not to mention the fact that most are fully pre-mined, POS, or both.

Most people including Satoshi and the original devs didn't even know if Bitcoin would even function and thrive at first. Bitcoin launched with the most genuine, most humble, and the least nefarious of intentions. As far as devs go, there was no thought of anyone trying to become wealthy or trying to dominate any kind of market. That's the essence of what makes it trust-able.

For everything that came after, can anyone really say the same? A: Nope.

hell no. apart from a few crazies the only reason people care about alts is to make more btc. bitcoin could fulfil literally everything any alt that will ever exist could do and people would still feed the alt frenzy. it's never stopping no matter what.

That's an interesting question. If we could find a way to make mining truly decentralized, then it would be a greater threat. As things now stand, there are advantages to multiple chains, one of them being as a means to sidestep the Jihans of the world.

yep, alts taking off with about the same probability. 

That video 

Of course we should avoid this, we must provide a larger fee in sending bitcoin. Many transactions are delayed due to the small amount of fee entered. This is the only way we can do it. While in my opinion do not try to trade altcoin, we better focus on bitcoin. Because the bitcoin is currently experiencing excellent movement. We can take considerable profit.

For some reason I thought you were replying to the Elwar message, now I see I got confussed. Probably due to the emotion of watching the little pump

Anyway... What I meant is that if someone has already finished their accumulation process there is probably no reason to keep putting more eggs into the Bitcoin basket and, some spending is reasonable even if not "refilled".

I mean, lets say someone who has 500BTC, at current rate almost 1 million dollar, but doesn't have any other significant liquid holdings (fiat, stocks, etc). Well, diversification tells he shouldn't put more eggs into the Bitcoin basket. If it rises up, great, it's not that important that he spend some on the road, if it crashes... better he did spent some.
Also, as a person without much other significant holdings or excess income he wouldn't be able to increase significantly his current holding anyways (at current rates).

If someone is yet in the accumulation phase, then yes, he should probably replace if it is feasible for him, but that doesn't need to be done inmediately. Maybe in the next correction (even if it is higher than actual price).

Yes we can remember how things evolved in the past, what we did and what we could have done.... My first two BTC I bought them for 100Euro in total using paypal. I wish I had bought much more at that price but... that's nonsense, it's the same is if we wish to have bought a lottery ticket after knowing which number was the winner.

For me, I will probably stop completely my accumulation phase when Bitcoin grows to the point that it has the same total value as my liquid FIAT. Then I will probably also stop spending from my FIAT and start spending from my BTC. If that ever happens (maybe before 2020 if everything goes according to the plan). Also, if that happens, I expect my BTC to keep growing above my FIAT holding from that point on, even if spending from it (and not replacing anymore).

For that reasons, I can perfectly understand if someone in particular has already reached a point in which he is now better spending from BTC and not replacing it.

Notice how I say (moderately) spending from instead of selling/going all out.