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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 18656. (Read 26634698 times)

hero member
Activity: 577
Merit: 500
Jesus was a (Goddamn) hippy socialist
can you PLEASE take it easy  Roll Eyes Roll Eyes

I would like to sleep  a few hour this week...

baby-steps up please guys
you have to obey me I am a HeroMember   Cool
legendary
Activity: 3431
Merit: 1233
Gold does not have a password and its heavy!!! And with that I end my argument.
LOL.
It's always fun to meet people that can't imagine a world without Internet.

Gold does not have a password and that is good, you can't forget it!
Gold is heavy at current price. When it appreciates x100 it will not be so heavy!
legendary
Activity: 1176
Merit: 1000
Invisible buy wall at 685 on finex.
Should be interesting to see if we pullback at all or hold for more moon after whoever is filling their boots is happy to go up again.
legendary
Activity: 1260
Merit: 1116
Why is ETH rallying for the BTC halvening?  Huh

Shouldn't premined scam coin be going down while we moon?

Also, you can currently exit BTC at a higher price than NLC did. Will you?


But do I have more coins than NLC did?

Come on, Beelzebub! Spill yer beans!

And what does he do for a living? Where does he buy his clothes? Does he have one of those personal automobiles like you see in the movies? Huh
legendary
Activity: 1554
Merit: 1014
Make Bitcoin glow with ENIAC
Why is ETH rallying for the BTC halvening?  Huh

Shouldn't premined scam coin be going down while we moon?

Also, you can currently exit BTC at a higher price than NLC did. Will you?


But do I have more coins than NLC did?

Come on, Beelzebub! Spill yer beans!
legendary
Activity: 1260
Merit: 1116
Why is ETH rallying for the BTC halvening?  Huh

Shouldn't premined scam coin be going down while we moon?

Also, you can currently exit BTC at a higher price than NLC did. Will you?

These are some very good questions.
legendary
Activity: 2833
Merit: 1851
In order to dump coins one must have coins
Ask yourself this, how likely is it for the whole market turning bearish before the halvening? People are not sure how halvening would effect the value, what true demand is etc.. So i think extremely unlikely. The possibility of buying the rumor and selling the news is different and won't happen till a day or two before the event (if at all) and will depend on how retarded the price will get.
hero member
Activity: 1876
Merit: 612
Plant 1xTree for each Satoshi earned!

Cos once your out of bitcoin, yo in fiat. Quicksand.


Smart money get out of bitcoin from time to time. But they don't get in fiat. They get in gold. That's why they are smart money.

Gold is dead dude! ... you can have 10-20 grams in case of emergencies in a tablet of 1gram capsule so if u buy a 20 gram package you get 20 tables of 1 gram each... and in case the apocalypse comes and no money or labor is good but gold yeah... sure a few grams will be 'ok'. But you would have better success in growing potatoes and sell them for a better profit than gold. Especially in countries like Venezuela where you could literally enslave somebody for 1kg of potatoes per day to work for you for 'free'!

But gold is dead. Its too traceable, too much bureaucracy to buy some, they can find you and confiscate it from you in case the sh!t hits the fan.They can even imprison you for not giving them your gold for their useless, pointless fiat. If its not incorporated as jewelry on you as accessories when you pass trough an airport they can confiscate it. All kinds of sh!t like that!

Gold does not have a password and its heavy!!! And with that I end my argument.
legendary
Activity: 3431
Merit: 1233

Smart money get out of bitcoin from time to time. But they don't get in fiat. They get in gold. That's why they are smart money.

I'd say the dumb money is in gold.
I'd say the dumb money is in US dollar.
full member
Activity: 238
Merit: 100
Why is ETH rallying for the BTC halvening?  Huh

Shouldn't premined scam coin be going down while we moon?

Also, you can currently exit BTC at a higher price than NLC did. Will you?
donator
Activity: 2772
Merit: 1019
Bitbulls what do you think will be the top on this pump?

2500 USD for this summer period

But contrary to all previous tops, I don't see a big collapse happening. There will be a significant correction but we will not have a long dead valley anymore.



that would be awesome.

what are you basing this expectation on?
legendary
Activity: 3948
Merit: 11416
Self-Custody is a right. Say no to"Non-custodial"
since when is a correction a dump?
Already going up again

Desperate bears and shills are looking for any opportunity that they can find to get folks to sell on the way down and to create more down.  good luck with that, we remain in a very good place with a decent amount of UP potential.
legendary
Activity: 3948
Merit: 11416
Self-Custody is a right. Say no to"Non-custodial"
I'm starting to get nervous now to be honest. I'm sitting on coins wondering when to get out. I don't want to miss the top & end up seeing a big dump.

What is the reason that you want to wait until the exact top? 

If you are nervous, shed a bit.  You don't have to go 100% one way or another.. just shed 10% or 50% or whatever other amount may be comfortable for your situation.
legendary
Activity: 3948
Merit: 11416
Self-Custody is a right. Say no to"Non-custodial"
Bitbulls what do you think will be the top on this pump?

2500 USD for this summer period

But contrary to all previous tops, I don't see a big collapse happening. There will be a significant correction but we will not have a long dead valley anymore.




You are crazy if you believe some kind of pie in the sky utopia for bitcoin...

Of course, as market cap increases, the extremities of the highs and lows in the volatility are going to be less... and less

But bitcoin remains a bit of a baby in terms of market cap..   In the upper $600s bitcoin is under $11billion market cap.   In this respect, Bitcoin prices are very likely to continue to overshoot like it has done in the passed, so even though you may expect it to stop at $2,500, it will go to some amount that is likely overvalued in terms of support for that price, and then it will come crashing down.. probably even further than it should.. but we will again suffer with valleys and under appreciation of the asset, and there may even be a few scandals here and there.. stealing and FUCD spreading and possibly even some actual technical glitches... including potential governmental complications, too.

I certainly don't know any kind of exact future for bitcoin, but I do understand that you cannot wish away volatility, and the non-volatile scenario you describe likely has a less than 1% chance of occurring, that is if we reach those price levels, which is another if.
legendary
Activity: 1638
Merit: 1001
₪``Campaign Manager´´₪
legendary
Activity: 3066
Merit: 1188

Ouch. No Macbook Pros announced @WWDC.

Disaster.
legendary
Activity: 2833
Merit: 1851
In order to dump coins one must have coins
Was hoping for a bit of a long squeeze and shorts to start piling up, but it's not happening. Everyone is holding on tight not sure if it's a good thing or bad
legendary
Activity: 1638
Merit: 1001
₪``Campaign Manager´´₪

Smart money get out of bitcoin from time to time. But they don't get in fiat. They get in gold. That's why they are smart money.

I'd say the dumb money is in gold. If you want to be standing with your pants around your ankles in ten years time then invest in gold.

Here's the problem:

Over the last few millennia, gold gained value due to its monetary properties more than anything. In particular, those of limited supply, fungibility and mobility because coins could be transported anywhere in the age of physical markets and exchanged directly - peer to peer - just as bitcoin is.

Gold traders can choose which of these two media they prefer to trade - you can have either mobility or possession but you can't have both.

Because of this "forking" of the market, gold will never again command the kind of values or be able to support the same kind of "safe haven" investment that it did during the last few centuries. It is handicapped permanently and pegged at a value which represents the balance of demand between the physical and paper markets.

Cryptocurrencies, on the other hand, remedy the problem since they are the perfect "bearer instrument". One with which you can take both ownership and possession in the same trade and for that reason are likely to outperform precious metals by several orders of magnitude over the next few years.
Agreed, I still have a bit of gold from before, but I don't expect much from it (I even expect it to devalue quite a bit in purchasing power), it's just a monetary hedge for the case crypto should fail for some reason, a situation I am considering to be less and less likely.
sr. member
Activity: 401
Merit: 280

Smart money get out of bitcoin from time to time. But they don't get in fiat. They get in gold. That's why they are smart money.

I'd say the dumb money is in gold. If you want to be standing with your pants around your ankles in ten years time then invest in gold.

Here's the problem:

Over the last few millennia, gold gained value due to its monetary properties more than anything. In particular, those of limited supply, fungibility and mobility because coins could be transported anywhere in the age of physical markets and exchanged directly - peer to peer - just as bitcoin is.

However this is no longer possible. Gold has lost this, most important of monetary properties since during the last half century the bulk of the world's trade has moved from a physical to an electronic platform. This means that you no longer transfer ownership and possession of gold in the same trade and so consequently the gold market has forked into 2 distinct monetary media: a physical one and a (so called) "paper" one where ownership is transferred but posession cannot be taken. The problem with the paper market is that it is not a fixed supply, so bang goes the second of gold's great monetary properties.

Gold traders can choose which of these two media they prefer to trade - you can have either mobility or possession but you can't have both.

Because of this "forking" of the market, gold will never again command the kind of values or be able to support the same kind of "safe haven" investment that it did during the last few centuries. It is handicapped permanently and pegged at a value which represents the balance of demand between the physical and paper markets.

Cryptocurrencies, on the other hand, remedy the problem since they are the perfect "bearer instrument". One with which you can take both ownership and possession in the same trade and for that reason are likely to outperform precious metals by several orders of magnitude over the next few years.


Nice summing it up. Also, gold as a possession has it's problems, like, it is physical, unlike bitcoin, which is basically pure information. And as we know, anything physical can be taken away. Easily https://en.wikipedia.org/wiki/Executive_Order_6102.
legendary
Activity: 3948
Merit: 11416
Self-Custody is a right. Say no to"Non-custodial"
This is looking like the start of a new bull run.
2500 USD by September.

Well, the bull market started in August 2015, but probably we did not know it until about December after we had some corrective attempts... then such bull market was stalled by various FUCD spreading attempts.

It's not clear that it is going to take until September to experience an upsurge to $2500 or higher.

We have to see how this plays out in the $600 to $700 territory.

Actually, when we broke through $500, I thought that we would get to mid-$600s more quickly, but it kind of took its time
and then kind of only got a bit out of control over the past weekend from $580 to $725.  O.k... this price range could be reigned in, but if we get well into the $800s on this run, then it could well transform into an exponential growth to $3k to $5k within the 1 to 4 weeks... or some other variant that is much sooner than September.

I doubt that anyone really knows for sure, even some of the big-ass whales, and accordingly, we have to really see how this plays out, and whether we are going to have a price battle in the $600s and $700s or if there remain fewer sellers than buys, which will cause BBBBBAAAAAMMM!!!    Shocked Shocked Shocked
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