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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 18463. (Read 26713344 times)

legendary
Activity: 2464
Merit: 1145
Military coup in turkey.
Bitcoin up?

Discuss....
sr. member
Activity: 316
Merit: 250
Does the low volume means no one is spending or buying coins? Also, if the volume is so low why does it not affect the price?

Does this mean people are just hodling?


Just trying to work out the whole low volume thing.


There are around 1600 BTC being generated every day, so people must buy BTC to price don't drop. The miners won't just hodl everything because they have to pay bill and taxes.

And low compared to what?

Volume is lower than before the halving because the halving was a hyped event, now things are back to normal

It depends how you classify low volume. I can see two big bars on the Bitfinex 24 hour chart, and each of them is above 1000 Bitcoins and mostly buying. That's low volume by Bitfinex standards, but it's eaten the 1600 BTC generated today. After the volume increases again the price will probably increase, this low volume's enough to keep the price reasonably stable.
legendary
Activity: 1358
Merit: 1016
The good professor is petitioning the SEC. Charming. Smiley
https://www.sec.gov/comments/sr-batsbzx-2016-30/batsbzx201630-2.htm



That is a bit better argued than his normal misleading posts.  He doesn't deviate so much from facts in his attempt to denigrate bitcoin, yet his emphasis of bitcoin's non-tangibility and failure to add value because of it's "pure" speculation seem to be exaggerated attempts to play into fear of the unknown and fear of the innovative nature of bitcoin.

I really wish he has some BTCs stashed for the upcoming post September 2016 Bankmargeddon... (Financial) Winter is coming professor. Get yourself a coat. Wink

what a prick. i knew it. but didn´t think he would go that far. what idiots like him do not get: they are making bitcoin more resilient. every crusader that is not able to kill bitcoin will one day realize that he has been used as a free sparring partner.



What a prick. My thoughts exactly.


How can someone who owns zero bitcoins spend so much time on Bitcoin forums and stress about shit like this? He's like the neighbour who peers through the window if someone parks outside his house or moans at kids having fun. Miserable bastard, get a life.


Edit. Just because he is intelligent it doesn't mean he can piss on everyone's fire.
legendary
Activity: 981
Merit: 1005
No maps for these territories
In less than 48h we have:

Pokemon Go
Niza
Turkey

The NWO is hurring up the agenda

Bullish

Viva Monero
legendary
Activity: 1624
Merit: 1008
newbie
Activity: 42
Merit: 0
Turkish currency suffers due to coup attempt...

http://finance.yahoo.com/quote/TRYUSD%3DX/news

Bitcoin users not affected Tongue


Is the coup attempt real or some false flag government made to justify they staying forever in power and the state of exception?

BTC users may laugh today, but tomorrow the Internet may be controlled and BTC forbidden or restricted

Already on.
"Access was restricted in Turkey on Friday to Facebook, Twitter and YouTube shortly after news broke that the military coup was under way, according to two internet monitoring groups." https://www.theguardian.com/world/live/2016/jul/15/turkey-coup-attempt-military-gunfire-ankara

But who cares, amirite?
Bitcoin users not affected Tongue
hero member
Activity: 1876
Merit: 612
Plant 1xTree for each Satoshi earned!
Supply reduced by 10400 BTCitcoins since halving!

Just that thought makes the growing pains of miners grow!  Cheesy

I was actually thinking of convincing everyone from a 100 kilometer radius to use their personal computer to start mining and make miners life harder!

Imagine if we could just educate 1 million people with strong personal computers to mine and decrease the supply the big miners receive! That would create an interesting shortage and price spike!

With ASICs I don't think it would matter if you convince a whole country to mine with computers, because they would get just a small hashpower and would mine nothing in practice


It is not about the gain! But for many... just like me I keep the computer On and running for 80-90% of the time all month! And even if I get 0.0005 per day or even per week! It would still be worth it.
And having 1 million people doing the same thing ... That would mean 182500 coins per year! ... Who cares? It is just electricity! We pay it anyway! Spiting the mining supply is a good reason enough!

Current mining rewards from 400 MegaHash GPU

per Month   0.00001565 BTC   $0.01

Also, your pc being on is very different from your pc being under load.  You will spend $50 to make $0.01.

So ... a 14 TeraHash mining thingy costs 2000$ ... that will make 0.00182583BTC per day based on your number! And 0.66642795BTC per year... But considering the difficulty increase... 0.4BTC would be more appropriate! ... But...

But I am not talking about short term profitability... I'm talking about throwing money on the window for a future possibility! Smiley ...

Meaning that with those 2000$ it would probably be more advantageous to just buy 3x 666$ coins... Now!

And I knew someone would bite! I lured you in guud! Cheesy ... Meaning if we convince a few million people to buy coins... Especially if sometime in spring it will be somewhere between 10.000$ and 50.000$ per coin... that 14TH gizmo will be better then, than now... And it will force the price to go to 100k$ faster.... and probably by the year 2021 - 2022 ... for each 1xBTCitcoin will be worth somewhere near 2-3$ millions per coin?

Sorry if I was misleading ... I do not advice anyone in buying useless mining equipment! I was just proving a point! For people to understand the situation with a much broader perspective! The solution is just buy and hold to create a shortage! It would be a better solution for the pumping of the price! Also if people could create a small business or if they already have a small or big business... they should accept bitcoin to homogenize and secure the future!
hero member
Activity: 737
Merit: 500
Turkish currency suffers due to coup attempt...

http://finance.yahoo.com/quote/TRYUSD%3DX/news

Bitcoin users not affected Tongue

holy shit. are we gonna make it through 2016 without the world ending? it's starting to smell like end times. now all we need is for dolly parton to croak and we'll know doom is certain.

Easy on the hysteria. Turkish traditions don't indicate the end of times.
legendary
Activity: 2338
Merit: 2106
Turkish currency suffers due to coup attempt...

http://finance.yahoo.com/quote/TRYUSD%3DX/news

Bitcoin users not affected Tongue


Is the coup attempt real or some false flag government made to justify they staying forever in power and the state of exception?



that was my first thought.
but now i read that the military has disarmed erdogan´s police. incredible.


http://kurier.at/politik/ausland/ausnahmezustand-in-der-tuerkei-putsch-versuch/210.058.610#updateanchor
(austrian newssite, sry not english)

hero member
Activity: 1133
Merit: 819
Turkish currency suffers due to coup attempt...

http://finance.yahoo.com/quote/TRYUSD%3DX/news

Bitcoin users not affected Tongue


Is the coup attempt real or some false flag government made to justify they staying forever in power and the state of exception?

BTC users may laugh today, but tomorrow the Internet may be controlled and BTC forbidden or restricted

I could not agree more.
legendary
Activity: 1073
Merit: 1000
Turkish currency suffers due to coup attempt...

http://finance.yahoo.com/quote/TRYUSD%3DX/news

Bitcoin users not affected Tongue


Is the coup attempt real or some false flag government made to justify they staying forever in power and the state of exception?

BTC users may laugh today, but tomorrow the Internet may be controlled and BTC forbidden or restricted
legendary
Activity: 3346
Merit: 1618
#1 VIP Crypto Casino
Turkish currency suffers due to coup attempt...

http://finance.yahoo.com/quote/TRYUSD%3DX/news

Bitcoin users not affected Tongue

I'm sure there will be some Turkish bitcoin users laughing at their felllw countrymen there Cheesy
legendary
Activity: 1288
Merit: 1087
Turkish currency suffers due to coup attempt...

http://finance.yahoo.com/quote/TRYUSD%3DX/news

Bitcoin users not affected Tongue

holy shit. are we gonna make it through 2016 without the world ending? it's starting to smell like end times. now all we need is for dolly parton to croak and we'll know doom is certain.
sr. member
Activity: 392
Merit: 250
Maybe soon the price will be stuck at 888, and we will wish it would go back to 666 just so we get some movement.
legendary
Activity: 1708
Merit: 1049
Turkish currency suffers due to coup attempt...

http://finance.yahoo.com/quote/TRYUSD%3DX/news

Bitcoin users not affected Tongue
legendary
Activity: 1008
Merit: 1000
Supply reduced by 10400 BTCitcoins since halving!

Just that thought makes the growing pains of miners grow!  Cheesy

I was actually thinking of convincing everyone from a 100 kilometer radius to use their personal computer to start mining and make miners life harder!

Imagine if we could just educate 1 million people with strong personal computers to mine and decrease the supply the big miners receive! That would create an interesting shortage and price spike!

With ASICs I don't think it would matter if you convince a whole country to mine with computers, because they would get just a small hashpower and would mine nothing in practice


It is not about the gain! But for many... just like me I keep the computer On and running for 80-90% of the time all month! And even if I get 0.0005 per day or even per week! It would still be worth it.
And having 1 million people doing the same thing ... That would mean 182500 coins per year! ... Who cares? It is just electricity! We pay it anyway! Spiting the mining supply is a good reason enough!

Current mining rewards from 400 MegaHash GPU

per Month   0.00001565 BTC   $0.01

Also, your pc being on is very different from your pc being under load.  You will spend $50 to make $0.01.
legendary
Activity: 1624
Merit: 1008
We know 8 is a very lucky number to the Chinese.

What I learned today is that 6 is the second luckiest number.

Maybe it's not sat in.
legendary
Activity: 2338
Merit: 2106
The good professor is petitioning the SEC. Charming. Smiley
https://www.sec.gov/comments/sr-batsbzx-2016-30/batsbzx201630-2.htm



That is a bit better argued than his normal misleading posts.  He doesn't deviate so much from facts in his attempt to denigrate bitcoin, yet his emphasis of bitcoin's non-tangibility and failure to add value because of it's "pure" speculation seem to be exaggerated attempts to play into fear of the unknown and fear of the innovative nature of bitcoin.

I really wish he has some BTCs stashed for the upcoming post September 2016 Bankmargeddon... (Financial) Winter is coming professor. Get yourself a coat. Wink

what a prick. i knew it. but didn´t think he would go that far. what idiots like him do not get: they are making bitcoin more resilient. every crusader that is not able to kill bitcoin will one day realize that he has been used as a free sparring partner.
legendary
Activity: 1484
Merit: 1002
Strange, yet attractive.
The good professor is petitioning the SEC. Charming. Smiley
https://www.sec.gov/comments/sr-batsbzx-2016-30/batsbzx201630-2.htm



That is a bit better argued than his normal misleading posts.  He doesn't deviate so much from facts in his attempt to denigrate bitcoin, yet his emphasis of bitcoin's non-tangibility and failure to add value because of it's "pure" speculation seem to be exaggerated attempts to play into fear of the unknown and fear of the innovative nature of bitcoin.

I really wish he has some BTCs stashed for the upcoming post September 2016 Bankmargeddon... (Financial) Winter is coming professor. Get yourself a coat. Wink
legendary
Activity: 3962
Merit: 11519
Self-Custody is a right. Say no to"Non-custodial"
The good professor is petitioning the SEC. Charming. Smiley
https://www.sec.gov/comments/sr-batsbzx-2016-30/batsbzx201630-2.htm



That is a bit better argued than his normal misleading posts.  He doesn't deviate so much from facts in his attempt to denigrate bitcoin, yet his emphasis of bitcoin's non-tangibility and failure to add value because of it's "pure" speculation seem to be exaggerated attempts to play into fear of the unknown and fear of the innovative nature of bitcoin.
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