Author

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 18649. (Read 26656713 times)

legendary
Activity: 4242
Merit: 5039
You're never too old to think young.
Hey,

and again this thread is getting to be the hottest one around the forums! Smiley

I love to see all of the bulls and bears watching together the beginning of the greatest rally we've ever seen! Smiley


I feel like it's 2013!

January 2013 or  late October 2013?

Or April 2011? Take your pick.
legendary
Activity: 2758
Merit: 1075

Your logic is not adding up, here.  People who were bullish about bitcoin on the way down from $1,200 to $200, have more reason to be bullish under these current market conditions, and none of these folks were likely buying into the talking points about BTC being either a scam or a ponzi scheme.  

In other words, Pumpy, it appears that some of your circuits are crossing, and you are mixing up your various generalizations into nonsensicalness.   Cheesy Cheesy Cheesy     Tongue Tongue
lol, im talking about before the ath btc had.. there were many experts all saying how BTC was shit etc
if only u hedged when i told u about eth and my plans in january...eth was under $0.80 , if u spent even 1btc u wouldve been on 15+ today ...soon ETH will cross $20, then $50 and even $100 and hopefully at some point your attitutde towards ETH will change and u buy some..before it hits $1k+ lol
anyway, im not arguing with u, u my m8  Smiley  

Ok.. fair enough.. and yeah, you have been consistently pumping ETH, but past performance and extrapolating possible future performance does not justify getting in at this particular price point.

The fact of the matter remains that there are several very significant problems with the centralized control of ETH.. and sure, it could get pumped another 10x or more, but that doesn't make it a good investment given the considerable (and seemingly greater downside risk in having your fate controlled by various ETH manipulators and hype machines).

Yeah, could have made a killing in price, but I don't really have any regrets about not getting into scammy ETH (and I am not denying that it can contribute a variety of technical innovations and even other social and economic innovations).  I feel good with my BTC investment and keeping track of the so many things happening with BTC, whether it balloons from this price or not.. I don't really give a shit.  I am not in this for gambling or short term profits, even though profits can be nice and even icing on the cake that makes me excited about being here and getting paid while I would have been here whether it was as profitable or not as profitable....

For example, I would have continued to stay with BTC, even if my portfolio had stayed about 50% in the red.  Anyhow, the icing on the cake is that it became a lot more profitable than my relatively conservative projections and did more than a 3x price increase from it's floating in the $230s.  Anyhow, my conservative scenario also still has accounted for various seemingly pie in the sky bullish price scenarios.  But bitcoin is not merely about price, but it remains about decentralized, immutable and permissionless system that has a considerable momentum at the moment, even if prices gets stuck in some kind of $400 to $700 price territory for a few years. (but I doubt it is going to play out like that).
cmon m8, enough of the scam crap,lol  what if Dr Craig Wright was Satoshi and he had 1mill BTC, does that make BTC a scam?
Its like sayin i only drink coke, so i wont touch pepsi, lol
Crypto evolves just like everything else.
Theres no harm if you hold both lol
I hope your in the one in a mill club....21BTC  and 100ETH, or more  Smiley

oh also as for the centralised -decentrise stuff, yes your right.
But there is now a choice
Yes ETH is prob designed for business use
Billion$ businesses and banks that want involved in crypto can call the ETH team direct and recieve advice ( r3 report example )
Who do they call if they want to use btc?
Soon Rootstock will offer ETH style service which many of you are looking forward too, what then does BTC become partially centralised too?
Buy both be happy  Smiley

legendary
Activity: 1260
Merit: 1000
ETH has been flat for 3 months. The pump is over. Only thing left is the eventual dump.
pump never really even started m8,lol

Ethereum is a useless scamcoin.  Nobody is falling for your shit:


The Ethereum Paradox

https://bitcointalksearch.org/topic/the-ethereum-paradox-1361602

Why proof of stake has no value:

Since Satoshi did not solve the Byzantine generals problem, this means confirmations are completely arbitrary.  So why are two confirmations more useful in Bitcoin (PoW) than one?  Because it's an open entropy system where over a period of time, it's either unlikely or statistically impossible for someone to maintain a monopoly on block validation when there is no upper limit to confirmations.

Recursive systems like proof of stake tend to permanently monopolize block validation by design, with no real fault or state recovery to fix it once it goes off the rails.  The act of introducing interest compounds this problem even more.  This makes a proof of stake confirmation essentially worthless due to being a bounded entropy system.

On top of being worthless, proof of stake is also a permissioned ledger.  The purpose of mining in Bitcoin is to create a permanent decentralized exchange peg, which thus results in a permissionless system.
legendary
Activity: 4242
Merit: 5039
You're never too old to think young.
Just got back from the ballpark (damn these early morning games) and see the silly little dip is over and we're back in the $680s.

Sideways is sideways. For all their childish wishful thinking about a "crash" or "dump" it seems like the clueless bears are wrong again.



 Smiley Wink Cheesy Grin Cool
legendary
Activity: 2758
Merit: 1075
lol, im talking about before the ath btc had.. there were many experts all saying how BTC was shit etc
if only u hedged when i told u about eth and my plans in january...eth was under $0.80 , if u spent even 1btc u wouldve been on 15+ today ...soon ETH will cross $20, then $50 and even $100 and hopefully at some point your attitutde towards ETH will change and u buy some..before it hits $1k+ lol
anyway, im not arguing with u, u my m8  Smiley  

ETH has been flat for 3 months. The pump is over. Only thing left is the eventual dump.



pump never really even started m8,lol
This is adoption of a coin that is less than a yr old.
We are now moving into the next phase of adoption.
The previous dumps were people cashin out profits but when they cashed out profits a new buyer paid alot more and they took it higher.
We are now entering the next phase due to the big exchanges adding ETH. The people who have bought in past month paid over $10 , the people that buy next yr will be paying over $100...
Wait till Okcoin,Houbi and Stamp add ETH, Devcon2 and Metropolis come out and we start heading towards Casper all this yr.
then you will see a real pump.
When people sell there BTC at any price now they do one of three things..move to fiat, move to ETH or have a bit of both.
legendary
Activity: 2212
Merit: 1199
Hey,

and again this thread is getting to be the hottest one around the forums! Smiley

I love to see all of the bulls and bears watching together the beginning of the greatest rally we've ever seen! Smiley


I feel like it's 2013!
legendary
Activity: 2660
Merit: 2868
Shitcoin Minimalist
Throughout the day, when the price has decreased, volume decreased. When the price has increased, volume has increased.
A bullish sign.
legendary
Activity: 1358
Merit: 1016
$32,000 tomorrow I hope

if it hits $32k i'll be masturbating watching bitcoinwisdom.


edit: hell, wouldn´t even need to masturbate. instant come.


I could even be wait until next week for 32k. I am in no rush 
legendary
Activity: 2338
Merit: 2106
$32,000 tomorrow I hope

if it hits $32k i'll be masturbating watching bitcoinwisdom.


edit: hell, wouldn´t even need to masturbate. instant come.
legendary
Activity: 3878
Merit: 1193
lol, im talking about before the ath btc had.. there were many experts all saying how BTC was shit etc
if only u hedged when i told u about eth and my plans in january...eth was under $0.80 , if u spent even 1btc u wouldve been on 15+ today ...soon ETH will cross $20, then $50 and even $100 and hopefully at some point your attitutde towards ETH will change and u buy some..before it hits $1k+ lol
anyway, im not arguing with u, u my m8  Smiley  

ETH has been flat for 3 months. The pump is over. Only thing left is the eventual dump.

full member
Activity: 238
Merit: 100
Huge mempool backlog currently

It's mostly spam.

The fastest and cheapest transaction fee is currently 80 satoshis/byte, shown in green at the top.
For the median transaction size of 258 bytes, this results in a fee of 20,640 satoshis (0.13$).

Sure glad we listened to Maxwell and didn't hardfork to 2MB, oh, maybe 6 months ago. We protected decentralization of the megawatt warehouse farms instead.
donator
Activity: 2772
Merit: 1019
hero member
Activity: 798
Merit: 1000
Huge mempool backlog currently
legendary
Activity: 3948
Merit: 11416
Self-Custody is a right. Say no to"Non-custodial"

Your logic is not adding up, here.  People who were bullish about bitcoin on the way down from $1,200 to $200, have more reason to be bullish under these current market conditions, and none of these folks were likely buying into the talking points about BTC being either a scam or a ponzi scheme. 

In other words, Pumpy, it appears that some of your circuits are crossing, and you are mixing up your various generalizations into nonsensicalness.   Cheesy Cheesy Cheesy     Tongue Tongue
lol, im talking about before the ath btc had.. there were many experts all saying how BTC was shit etc
if only u hedged when i told u about eth and my plans in january...eth was under $0.80 , if u spent even 1btc u wouldve been on 15+ today ...soon ETH will cross $20, then $50 and even $100 and hopefully at some point your attitutde towards ETH will change and u buy some..before it hits $1k+ lol
anyway, im not arguing with u, u my m8  Smiley  

Ok.. fair enough.. and yeah, you have been consistently pumping ETH, but past performance and extrapolating possible future performance does not justify getting in at this particular price point.

The fact of the matter remains that there are several very significant problems with the centralized control of ETH.. and sure, it could get pumped another 10x or more, but that doesn't make it a good investment given the considerable (and seemingly greater downside risk in having your fate controlled by various ETH manipulators and hype machines).

Yeah, could have made a killing in price, but I don't really have any regrets about not getting into scammy ETH (and I am not denying that it can contribute a variety of technical innovations and even other social and economic innovations).  I feel good with my BTC investment and keeping track of the so many things happening with BTC, whether it balloons from this price or not.. I don't really give a shit.  I am not in this for gambling or short term profits, even though profits can be nice and even icing on the cake that makes me excited about being here and getting paid while I would have been here whether it was as profitable or not as profitable....

For example, I would have continued to stay with BTC, even if my portfolio had stayed about 50% in the red.  Anyhow, the icing on the cake is that it became a lot more profitable than my relatively conservative projections and did more than a 3x price increase from it's floating in the $230s.  Anyhow, my conservative scenario also still has accounted for various seemingly pie in the sky bullish price scenarios.  But bitcoin is not merely about price, but it remains about decentralized, immutable and permissionless system that has a considerable momentum at the moment, even if prices gets stuck in some kind of $400 to $700 price territory for a few years. (but I doubt it is going to play out like that).
legendary
Activity: 1358
Merit: 1016
$32,000 tomorrow I hope
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
Bend over bears.

the rally to 32,000$ is mandatory.
legendary
Activity: 1386
Merit: 1027
Permabull Bitcoin Investor
legendary
Activity: 3948
Merit: 11416
Self-Custody is a right. Say no to"Non-custodial"
buying now is like banging two hotties in your living room, while your wife is out shopping for an undertermined amount of time.

DANGEROUS and FUN!

 Grin


Buying anywhere in the $600s is probably not a bad entry point for BTC newbies for the coming months.  

Sure, we could go to $580 or so, but the trend definitely seems up, and even going into the lower $600s, such as in the $620s doesn't seem too likely in the near term.  In other words, I think that it is more likely from here that we hit $750 before we hit $610... then that is the big test in the $750 to $850 price range.  If we go above $850, it is likely all over BAAAAAAMMMM... $3k plus...  On the other hand, after entering into the $750 to $850 range, we could have a bit of a price battle, and then sub $600 prices could then again become reasonable expectations, if the bears win that battle in the short run...

I think that a lot of us BTC holders are feeling good at the moment, no matter which way this price thing goes, because we should be able to take some profits in this current price range (if we want), while still having some potential to stack up some bitcoins in order to prepare for the reasonably feasible (but not guaranteed) path upwards.

the bearish case:

weak hands are holding profitable trades, they are likely to exit their position prematurely. poeple get nervous during a correction and start taking profit as it drops, at 620 they are still profitable + they are nervous as hell; 700 to 620 is one hell of a drop, and that'll make most poeple sick... they will DUMP and take profits at 620 in a panic, so we might see 599 briefly and then go back up as this false sense of panic dies down and the weak hands have been shaken out.

but seeing how 599$ is a bit of a pipedream ( are we Actually going to see a bunch of newbie take profit in a panic? probably not... newbies got POWN 3 months ago ) .... 600's is a Gr8! entry point.

I agree.. we are generally on an upward trajectory.. and there are also likely quite a few newbies considering jumping in and they are nervous about it... but they would likely feel pretty decent jumping in anywhere in the lower $600s, and they may even feel relatively comfortable jumping in the upper $600s, especially after it was only about 30 hours ago (at the time of this typing) that we witnessed $725 (briefly, but we did also experience several hours of supra $700, too)
hero member
Activity: 1876
Merit: 612
Plant 1xTree for each Satoshi earned!
BTC4k ask wall on finex @ $692 or do we only talk about how great etherpoop is?

and it's gone the second the dragon moved up

They almost killed Kenny!
legendary
Activity: 2833
Merit: 1851
In order to dump coins one must have coins
BTC4k ask wall on finex @ $692 or do we only talk about how great etherpoop is?

and it's gone the second the dragon moved up
Jump to: