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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 18100. (Read 26608346 times)

sr. member
Activity: 812
Merit: 250
A Blockchain Mobile Operator With Token Rewards
who dumps 450 btc on stamp in this run-up? why? trader? idiot?

idiot chasing bad money with good money
legendary
Activity: 4200
Merit: 4887
You're never too old to think young.
This little upswing is merely a rush up to the castle walls. The real siege of $780 has yet to start.

As I was typing, Stamp got knocked down from the $770s all the way to $762 with walls set to slow down further advance.

Don't expect to see $800 just yet. The battle for $780 will be just as bloody as the siege of $750.

Isn't holding fun?
sr. member
Activity: 812
Merit: 250
A Blockchain Mobile Operator With Token Rewards
1600$ is starting to look more like a short term target!  Tongue
legendary
Activity: 4200
Merit: 4887
You're never too old to think young.
Still creeping up... $771USD/$1028CAD.

Go btc go.
______

edit: $774/$1031

hard to keep up
legendary
Activity: 1844
Merit: 1338
XXXVII Fnord is toast without bread
market is relieved that segway is a no go.
Frankly the parameters of activation are nearly impossible.

your avatar disturbs and intrigues

Here you go, for some context.




Also.
http://thomassheridanofficialblog.blogspot.com/2015/06/incredibly-funny-facts-of-life.html


Edit: $770 on Bitfinex

legendary
Activity: 1568
Merit: 1001
I'm a little late but this is a strong move. We're going way up, yall. But keep selling ftw! Liquidity and all ya know.
sr. member
Activity: 704
Merit: 270
market is relieved that segway is a no go.
Frankly the parameters of activation are nearly impossible.

your avatar disturbs and intrigues
legendary
Activity: 1288
Merit: 1000
market is relieved that segway is a no go.
Frankly the parameters of activation are nearly impossible.
I thought SegWit is a positive change and highly anticipated upgrade to bitcoin.
It is very strange that problem with its activation is the reason price is soaring right now.
Is there no other market or economy news explaining current upward trend?



legendary
Activity: 1844
Merit: 1338
XXXVII Fnord is toast without bread
market is relieved that segway is a no go.
Frankly the parameters of activation are nearly impossible.

Edit:
I am not saying I am against Segwit, just noting the near impossibility of its activation due to the 95% requirement in block count rather than just a simple node count.
sr. member
Activity: 812
Merit: 250
A Blockchain Mobile Operator With Token Rewards
market is relieved that segway is a no go.
hero member
Activity: 576
Merit: 503
To continue the euphoric sensations we are enjoying, Segwit is approaching 35% of all the Bitcoin nodes.


i think segwit signalling is a different process. that's just running the latest node.

Indeed.
In order to get the 95% blocks during a 2016 block period, the miners that are signaling will have to be lucky enough to find 95% of the blocks to activate SegWit.

I am aware that the nodes running it could be above 35% currently but if they are not mining nodes then it is a misconception to a true count.

Segwit counting just started again.
This time it's looking better than the last 2 week epoch - 33% of the first 9 blocks.

http://api.qbit.ninja/versionstats
legendary
Activity: 3920
Merit: 11299
Self-Custody is a right. Say no to"Non-custodial"
Based on this post, and your earlier posts about your average cost per coin, here is my approximate estimate regarding the number of coins that you own.

Approximate amount invested:  4.53 x $750 = $3,400

Based on my foggy memory - estimated average cost per coin:  $150

Approximate current number of coins held:   $3400 / $150 = 22.67  ( 1/one millionth of the total BTC supply)

Ooh! ooh! Guess me next!


O.k....

Give me some details, you bear troll.    Tongue   Tongue
legendary
Activity: 2833
Merit: 1851
In order to dump coins one must have coins
something nasty brewing ... wouldn't want to be leveraged right now  Shocked

Did someone's shorts caught on fire?  Tongue

imagine if all your undeclared profits were from shorting bitcoin for 3 years and held in fiat at a bitcoin exchange that just got a federal court summons from IRS ... wouldn't that suck worse than your shorts blowing up in your face?!

A fiat meister's hell on earth.


Who trades on coinbase? Especially in 2014? I'm guessing those number are marginal at best. And market is showing how much it cares for it right now

Looking at a report apparently they show any coins deposited at what the value was at that specific time, meaning they have no knowledge of how much you paid unless you bought the bitcoin on their site.

Yep plus people who bought and HODLed are once again not effected
legendary
Activity: 3920
Merit: 11299
Self-Custody is a right. Say no to"Non-custodial"
In recent times, I have been making various attempts to avoid disclosing too many specifics regarding exactly how many coins that I hold, but surely, there is some information out there in which you could get ball park ideas.

Based on this post, and your earlier posts about your average cost per coin, here is my approximate estimate regarding the number of coins that you own.


Approximate amount invested:  4.53 x $750 = $3,400

Based on my foggy memory - estimated average cost per coin:  $150

Approximate current number of coins held:   $3400 / $150 = 22.67  ( 1/one millionth of the total BTC supply)

No. You've made some false assumptions. I won't be too specific because I also don't want to disclose too much.

I am responding from my regular account now... since my locked out matter has been fixed (finally, after nearly a month)

That is fair enough.  I was kind of thinking that there was something wrong with my calculations and the underlying numbers that I was using.

I believe about the first 5 months of my BTC investment (between about November 2013 and April 2014), I would describe specific quantities of bitcoin that I was buying, but somewhere thereafter, I began to engage in more generalities when it come to some of my specific holdings.  So, yeah, sometimes we do not need to reveal some personal specifics in order to still share some of our personal contemplations and/or bitcoin investment strategies.

Sometimes, I also write in terms of hypotheticals, and I will assert that, if I had 100 BTC, then I would invest it like x, y and/or z.  100BTC is a nice round number that gives some ideas about quantities that (currently) are plausible for some regular people (and maybe soon to become less plausible for "regular" people ... hahahahahahaha).






First off. When I said it would take 4-5 coins, I meant at $10k per coin to cover the total amount fiat I've currently spent.



O.k.  that is a bit easier to calculate at about $45,000 invested, more or less.




The $40k+ I've invested includes the $6k I paid for the 50 coins I lost at MtGox.


Actually, in order to calculate average costs per BTC adequately, I personally believe that we need to account for a lot of the expenses that are largely related to our BTC investment.. otherwise, we may just be fooling ourselves regarding what is our total investment into the matter.

I have some various irregular fees that I have incurred.  I have some quantity that still has not been recovered from Bitfinex.  I have some that were not paid for (in other words stolen) in a trade.  I also have some expenses that I consider to be reasonably related to my bitcoins that some others may not consider related, but I count those expenses too in terms of my average cost per BTC.




The $150/btc figure was just a rough guess and a while back at that. There are all kinds of intangibles like the cost of my mining expenses versus the coins I mined, and the coins I received as tips/gifts and those I spent/donated. It has also risen to over $200/btc. I keep buying the dips but the dips keep getting higher (this is a good thing!).

Sure, all those kinds of expenses are fair game, and sometimes, each of us may need to make a reasonable accounting of such expenses, even if others may have disagreement about our calculations.  I do also recognize that frequently, it can be quite difficult to keep some records and make some accountings, and so sometimes, if we lose records then we may just have to reasonably estimate to the best of our abilities.





Let's just say I have over 100 and under 1000 bitcoins.  Smiley

Hahahahahaha

Maybe you are being more specific than necessary?  I am o.k. with playing around with you and to come up with my calculation...... and I would have even been considerably satisfied with an estimated holdings that is kind of like mine, depending on the day and how I feel, somewhere between .1BTC and 1 million...  Wink



legendary
Activity: 1844
Merit: 1338
XXXVII Fnord is toast without bread
something nasty brewing ... wouldn't want to be leveraged right now  Shocked

Did someone's shorts caught on fire?  Tongue

imagine if all your undeclared profits were from shorting bitcoin for 3 years and held in fiat at a bitcoin exchange that just got a federal court summons from IRS ... wouldn't that suck worse than your shorts blowing up in your face?!

A fiat meister's hell on earth.


Who trades on coinbase? Especially in 2014? I'm guessing those number are marginal at best. And market is showing how much it cares for it right now

Looking at a report apparently they show any coins deposited at what the value was at that specific time, meaning they have no knowledge of how much you paid unless you bought the bitcoin on their site.
hero member
Activity: 658
Merit: 503
Bear with me
Only two options: buy and hold.
legendary
Activity: 3512
Merit: 4557
5400 breakout on Huobi is very sexy  Kiss

legendary
Activity: 2833
Merit: 1851
In order to dump coins one must have coins
something nasty brewing ... wouldn't want to be leveraged right now  Shocked

Did someone's shorts caught on fire?  Tongue

imagine if all your undeclared profits were from shorting bitcoin for 3 years and held in fiat at a bitcoin exchange that just got a federal court summons from IRS ... wouldn't that suck worse than your shorts blowing up in your face?!

A fiat meister's hell on earth.


Who trades on coinbase? Especially in 2014? I'm guessing those number are marginal at best. And market is showing how much it cares for it right now
hero member
Activity: 644
Merit: 500
yeah keep hopium up btc wont move a bit if it does reach 800 we see a flash crash to 650 and were staying there for a few months
legendary
Activity: 3920
Merit: 11299
Self-Custody is a right. Say no to"Non-custodial"
Top, double top, triple top, quadruple top... perhaps the realization will come that this may not be a top at all...

Hopefully fireworks this weekend...got my popcorn ready  Grin

Haha, and I hope they are bear fireworks, this sustained price level has left my Alt to BTC balance a little too skewed towards Alts.

Sucks to be you, then...

Does not seems to be a good thing to be too skewed towards alts, especially in times like these.

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