Author

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 18716. (Read 26720365 times)

legendary
Activity: 1386
Merit: 1027
Permabull Bitcoin Investor
I think we might see a second drop tomorrow.

Why ?
We went up really fast, and this correction was quite mild.  Leverage longs are still quite high. I might be wrong though.

Actually I don't find you wrong, I need a correction to sustain a healthy growth.
legendary
Activity: 1638
Merit: 1001
₪``Campaign Manager´´₪
I think we might see a second drop tomorrow.

Why ?
We went up really fast, and this correction was quite mild.  Leverage longs are still quite high. I might be wrong though.
legendary
Activity: 1386
Merit: 1027
Permabull Bitcoin Investor
legendary
Activity: 1638
Merit: 1001
₪``Campaign Manager´´₪
I think we might see a second drop tomorrow.
legendary
Activity: 4242
Merit: 5039
You're never too old to think young.
"a few million satoshis" ... that seems to become a norm and not sound like an aberration when said out loud.  Cheesy

Aren't most of us satoshi multi-billionaires?

 Cheesy
hero member
Activity: 1876
Merit: 612
Plant 1xTree for each Satoshi earned!
Sideways is okay after a weekend of excellent rally but we still have 3 hours to get the daily candle back in the green.

Buy, buy, buy.

Disclaimer: I can't buy any coins right now myself because I'm down to less than $500 pocket fiat. I almost sold a few million satoshis when we were over $700 to tide me over, but luckily I ran into someone who owed me some scratch so I didn't have to. Besides that, it's been almost a month since we've had a dip worth buying.



"a few million satoshis" ... that seems to become a norm and not sound like an aberration when said out loud.  Cheesy
legendary
Activity: 4242
Merit: 5039
You're never too old to think young.
Sideways is okay after a weekend of excellent rally but we still have 3 hours to get the daily candle back in the green.

Buy, buy, buy.

Disclaimer: I can't buy any coins right now myself because I'm down to less than $500 pocket fiat. I almost sold a few million satoshis when we were over $700 to tide me over, but luckily I ran into someone who owed me some scratch so I didn't have to. Besides that, it's been almost a month since we've had a dip worth buying.

legendary
Activity: 2242
Merit: 3523
Flippin' burgers since 1163.
For altcointalk there is a dedicated sub, so please:
https://bitcointalk.org/index.php?board=67.0
legendary
Activity: 3962
Merit: 11519
Self-Custody is a right. Say no to"Non-custodial"
[edited out]
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?

The scam crap is real when it comes to ethereum, so even if there has been nearly a 6 month long pump of ethereum, and there have been a lot of innocent folks piling onto it, that does not take away from it's scam fundamentals.  Merely because I am calling ETH a scam does not mean that it is not contributing to the crypto space in a variety of ways.  For example, it has drawn considerable interest, and there are likely some very creative people attempting to figure out innovations.  Furthermore, it likely provides a kind of vehicle in which government and financial institutions can invest and attempt to denigrate bitcoin through such ploys, but in the end, Bitcoin is very likely to continue to grow stronger.

Regarding your hypothetical point about Craig Wright being Satoshi.. such a what-if is nearly pure fantasy land.. yeah it was in the news, and yeah it got a lot of attention, but the mere fact that such a ridiculous claim got a lot of attention, and even temporarily caused negative price movement should not seriously be considered to be some kind of event that we should take into account.  But, yeah, if some goofball, such as craig wright had access or appeared to have access to 1 million bitcoin, that would surely be a bearish kind of fantasy world outcome.. but it is just that fantasy world...   At this time, there are no tangible, material and/or convincing facts to back up such ridiculous speculation.


if its not wright...its someone else...there is a gun on btc head as we all know somebody holds 1million BTC.

I must applaud you at least for your attempt at persistence on your talking point fearmongering theme.

You know that the uncertainty of the 1 million untouched coins is currently priced in, and surely if circumstances change, in which it appears that some actual person has access to those coins, then we will need to address that uncertainty that has been converted into less of an uncertainty (depending upon how the facts play out if such a scenario were to unfold).

In other words, we can carry on for the moment, because we do not have any tangible facts in front of us that any person or entity (whether nefarious or not has any kind of access to those about 1 million early mined coins)


Also ask why did big exchanges add ETH..it is so crypto can survive if btc fails. Do you know btc must be $600+ after halving, if it goes below for a while, miners, network, hashrate..drops , Sad and i hope it doesnt happen, but id rather be safe than sorry.
ltrs dude

You know what?   I don't really disagree with the subtext of your point that it is a fairly prudent business move to include ethereum on various exchanges, and the current volume and possible future volume involving ethereum is likely profitable for them.  that in no way supports any kind of thesis that any individual should invest in ethereum at this time.  Sure everyone is different, so there could be some actual reasons to take some kind of investment in ethereum, yet I have already provided sufficient evidence and logic to show why I personally believe such an investment would be a gamble in most currently apparent scenarios..

So there is no such thing as prudent to invest anything substantial into a gamble.. you gotta really be willing to roll the dice with that ETH baby cakes.







legendary
Activity: 2604
Merit: 3056
Welt Am Draht

Wait what's wrong with hashrate adjusting down??

Ssh. You're supposed to be vomiting with fear after the true connotations of that monstrous idea sink in.  
legendary
Activity: 2833
Merit: 1851
In order to dump coins one must have coins
[edited out]
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?

The scam crap is real when it comes to ethereum, so even if there has been nearly a 6 month long pump of ethereum, and there have been a lot of innocent folks piling onto it, that does not take away from it's scam fundamentals.  Merely because I am calling ETH a scam does not mean that it is not contributing to the crypto space in a variety of ways.  For example, it has drawn considerable interest, and there are likely some very creative people attempting to figure out innovations.  Furthermore, it likely provides a kind of vehicle in which government and financial institutions can invest and attempt to denigrate bitcoin through such ploys, but in the end, Bitcoin is very likely to continue to grow stronger.

Regarding your hypothetical point about Craig Wright being Satoshi.. such a what-if is nearly pure fantasy land.. yeah it was in the news, and yeah it got a lot of attention, but the mere fact that such a ridiculous claim got a lot of attention, and even temporarily caused negative price movement should not seriously be considered to be some kind of event that we should take into account.  But, yeah, if some goofball, such as craig wright had access or appeared to have access to 1 million bitcoin, that would surely be a bearish kind of fantasy world outcome.. but it is just that fantasy world...   At this time, there are no tangible, material and/or convincing facts to back up such ridiculous speculation.









if its not wright...its someone else...there is a gun on btc head as we all know somebody holds 1million BTC.
Also ask why did big exchanges add ETH..it is so crypto can survive if btc fails. Do you know btc must be $600+ after halving, if it goes below for a while, miners, network, hashrate..drops , Sad and i hope it doesnt happen, but id rather be safe than sorry.
ltrs dude

Wait what's wrong with hashrate adjusting down??
legendary
Activity: 1904
Merit: 1038
Trusted Bitcoiner
>700 when china wakes up?
legendary
Activity: 1904
Merit: 1038
Trusted Bitcoiner
if feels as tho that nice little drop re-energised the market
legendary
Activity: 3878
Merit: 1193
Also ask why did big exchanges add ETH..

Exchanges love pump-n-dump scamcoins. They make money on the pump, they make money on the dump.
legendary
Activity: 2856
Merit: 1075
[edited out]
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?

The scam crap is real when it comes to ethereum, so even if there has been nearly a 6 month long pump of ethereum, and there have been a lot of innocent folks piling onto it, that does not take away from it's scam fundamentals.  Merely because I am calling ETH a scam does not mean that it is not contributing to the crypto space in a variety of ways.  For example, it has drawn considerable interest, and there are likely some very creative people attempting to figure out innovations.  Furthermore, it likely provides a kind of vehicle in which government and financial institutions can invest and attempt to denigrate bitcoin through such ploys, but in the end, Bitcoin is very likely to continue to grow stronger.

Regarding your hypothetical point about Craig Wright being Satoshi.. such a what-if is nearly pure fantasy land.. yeah it was in the news, and yeah it got a lot of attention, but the mere fact that such a ridiculous claim got a lot of attention, and even temporarily caused negative price movement should not seriously be considered to be some kind of event that we should take into account.  But, yeah, if some goofball, such as craig wright had access or appeared to have access to 1 million bitcoin, that would surely be a bearish kind of fantasy world outcome.. but it is just that fantasy world...   At this time, there are no tangible, material and/or convincing facts to back up such ridiculous speculation.









if its not wright...its someone else...there is a gun on btc head as we all know somebody holds 1million BTC.
Also ask why did big exchanges add ETH..it is so crypto can survive if btc fails. Do you know btc must be $600+ after halving, if it goes below for a while, miners, network, hashrate..drops , Sad and i hope it doesnt happen, but id rather be safe than sorry.
ltrs dude
hero member
Activity: 1133
Merit: 819
$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 

I guess I'll open a leveraged long with a target of 31.999 USD then.
legendary
Activity: 3962
Merit: 11519
Self-Custody is a right. Say no to"Non-custodial"
[edited out]
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?

The scam crap is real when it comes to ethereum, so even if there has been nearly a 6 month long pump of ethereum, and there have been a lot of innocent folks piling onto it, that does not take away from it's scam fundamentals.  Merely because I am calling ETH a scam does not mean that it is not contributing to the crypto space in a variety of ways.  For example, it has drawn considerable interest, and there are likely some very creative people attempting to figure out innovations.  Furthermore, it likely provides a kind of vehicle in which government and financial institutions can invest and attempt to denigrate bitcoin through such ploys, but in the end, Bitcoin is very likely to continue to grow stronger.

Regarding your hypothetical point about Craig Wright being Satoshi.. such a what-if is nearly pure fantasy land.. yeah it was in the news, and yeah it got a lot of attention, but the mere fact that such a ridiculous claim got a lot of attention, and even temporarily caused negative price movement should not seriously be considered to be some kind of event that we should take into account.  But, yeah, if some goofball, such as craig wright had access or appeared to have access to 1 million bitcoin, that would surely be a bearish kind of fantasy world outcome.. but it is just that fantasy world...   At this time, there are no tangible, material and/or convincing facts to back up such ridiculous speculation.




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

All these above points, attempt to make convolute Ethereum matters in such a way as to suggest that it is something very similar to bitcoin.  I shouldn't have to repeat that Ethereum is missing something concrete, which makes it an item of a different category, and the part it is missing is:  decentralized, immutable permissionless.  And that makes a considerable difference.  Bitcoin has it, and no other crypto has it in any kind of meaningful way... therefore, attempting to make equivalents is misleading and deceptive and possibly devolving into disingenuousness (which you are starting to come across as, when you continue to persist with these false equivalency claims in this bitcoin thread)




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




This last added point adds no extra value.. and pretty much agrees with my point about ETH being a coopted kind of deception.



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: 2856
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

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