Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 18318. (Read 26720873 times)

I'm not butthurt... you called me out when you thought you were right, and I'm calling you out for being the bigger a fool  

And I am not bearish, I expect much higher prices... I just don't know how long it will take. Months, years, decades?? Probably sooner than that, I'm excited about 2017... I think as long as bitcoin keeps growing, as it is, without another gox/bfx, as adoption and use cases grow, as second-layer scaling technologies evolve, a sudden news of a ETF could be enough to push the price beyond ATH.


 



I had to comment on this.... what the hell does this chart prove? Of course bitcoin is gonna lose "crypto marketshare" as other alts emerge. If you compare any altcoin with the rest of the crypto market share they will all be going down unless the coin just started. This says nothing about bitcoin's growth. BTC transaction volume has grown significantly-- a compounded yearly rate of 224% since 2013 and tripped over last year. The are many metrics that show positive growth in areas that matter and you chose to focus on something useless. Not to mention a lot of the bitcoin that went to the altcoin market are only there so traders can earn more bitcoin. I myself have tons of BTC in alts that is coming right back into bitcoin






Is that the real satoshi? 

https://bitcointalksearch.org/topic/m.15145

Well, the losing market share thing is mainly the incredible alt pumps most of which are in aid of obtaining more Bitcoin. Certainly ETH looks like an increasingly appalling bet by the day. However there may come a time where it has a different smell to it. Bitcoin needs to deliver both signs of some capacity progress and action to satisfy the speculators.

+1, I feel exactly the same. I went all-in back to BTC a while ago hoping the debate about the high fees would yield a solution, but I'm back to diversifying right now. Don't see it happening any time soon, and that might be not soon enough.

JJG, since you seem to like to confront people a lot, and since you are always in need of hard facts, stats, and proof over public sentiment (which is fairly palpable atm), then here you go.  Third chart at the bottom, the 3-year downtrend in bitcoin's overall crypto marketshare is as plain as day:

https://coinmarketcap.com/charts/#btc-percentage

Doesn't change the fact that I'm a permabull.  But my patience is starting to wear thin.  Other so-called bit bulls have already moved on and left bitcoin behind.

There is nothing wrong with having various bearish inclinations and reservations, but frequently, you have a tendency to go off the rails a bit with pessimistic exaggerations, which likely would cause people to wonder whether you are talking your books or giving a fair analysis of the situation.

For example in your assessments that adoption is not rapid enough  and that bitcoin is losing market share seems to be quite a way off and really exaggerations, no?

"I still have not witnessed ANY new major Average Joe money, nor major investment money, nor major retailer adoption happen in that time either."


Are you just impatient or what?  Some of this takes time, and the overall evidence remains that adoption, development and investment is up and increasing.  Sure, the amount of the up may not be exorbitant, but it remains sufficient to allow us to avoid conclusions of too much apathy (which you seem to want to conclude)



"Bitcoin has steadily been losing some marketshare ground to shitcoins for 3 years now."

I doubt that the facts really support this kind of an assertion.  Sure, we have been witnessing some innovations from altcoins (shitcoins as you call them), but in the end, any "losing of  marketshare ground" is likely more illusory than anything.  Let those various  alt coins experiment and innovate etc... , and bitcoin can profit by witnessing such experimentations and determining whether those kinds of innovations (if any) are worth incorporating into bitcoin and how.  The value of bitcoin remains its foundational security of immutable decentralization, and you are not going to retain "secure immutable decentralization" by attempting too many experiments and/or attempts at innovation... because the innovation is already there and the foundation already set.. and the inability and difficulties in changing bitcoin is a feature, not a bug.

Because of a multiple of reasons, including halvening pressures (that could take months to play out in terms of feeling the impact of reduced increasing supply). 

Girls like you, lambie, don't want to actually grapple with various BTC fundamentals, so you merely try to put the burdens on others, fail refused to provide meaningful facts and analysis and attempt to simplify matters and to distort reality.   

2013: bitcoin ?
2014: bitcoin, ah ah ah
2015: bitcoin ... mmmh ?
2016: bitcoin ... !
2017: bitcoin !!!!
2018: BTCictoin. We plan the future of money.
2019: bitcoin, halvening in 1 year
2020: All car are electric and autonomous, you can pay only with bitcoins because no chargeback here = serious business here.

Why so violent Dafar? Are you still butthurt about a bad trade or something?

I'm a permabull hodler that, after 3 straight years of witnessing bitcoin NOT becoming the uber global phenom that everyone was going on about in 2013, I believe have earned the right to be a little bearish now and then.  I still have not witnessed ANY new major Average Joe money, nor major investment money, nor major retailer adoption happen in that time either.  The only thing I've seen in that time frame is complete apathy from the general public, and the occasional PnD bullshit that we're all so familiar with by now.

So fkn sue me bitch.  Also, let's see how the year finishes up before you start calling it a full on uptrend, eh? Bitcoin has steadily been losing some marketshare ground to shitcoins for 3 years now.

Edit:
Well, well, well, looks like ol' Dafar is just as bearish too.

Yeez, August 14th. Torque cuts deep.

Mr. Torque.... you've been quiet recently. What happened to deflating back to $450 and you calling me out on it?

YES I DID MOCK YOU AND I WON... YOU THINK I'M GOING TO FORGET YOUR ATTEMPT AT HUMILIATING ME??? HUH???


I don't f*** around boy

Remember kids, bitcoin is the only way out, because...

Because halvening?

I agree.Last night was a good example of that.
Small drop from 604 down to 598 and then hanging around the 600 range.
And right now we are again back up ~608 on bitcoinaverage.
Imo we could see another rise to 650+ pretty soon.

Yep, the downward pressure to try & take us below the high 590's was pretty pathetic.

its like a balloon being held under water its eventually got to go up 

My posts speak for themselves in that I made whatever justification I believed was needed under the particular circumstances.  Accordingly, I see no need to make additional justifications or to revisit.


You are jumping in to defend someone concerning my suggesting that someone could be a troll/shill, based on the content of a specific post... That post is now history, so I see no reason that I would need to justify whatever language I chose to use, unless my "apparent target" would like to respond, and it seems that such "apparent target" has, so far, not chosen to respond..

 



It does not matter.  I don't any exact evidence to make a suggestion that a post is coming off as either shilling or trolling.  Whether there is actually shilling or trolling going on would likely more be in the knowledge of a shill or a troll, rather than a fellow forum member (that is you, no?)



Anyhow, a lot of this seems again to be getting quite far afield from the topic of this thread, which seems to be a tendency of yours... easily distracted by me... haahahahahaha   

You are coming off as a bit more bullish, and maybe even possibly a bit more reasonable than my recent perceptions of you. 

Are you sure that someone hasn't taken over your account?   hahahaha

I don't really disagree with any of your above assessment, yet I think that it is pretty unlikely that bitcoin performance is going to be correlated with stock market performance, even though coincidentally, we may witness short periods of such BTC/stock market price correlation.