Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 18786. (Read 26711072 times)

it will take 5 years to reach $500, we're only at $450 now

kappa.

Maybe i am missing something?  I don't really see a problem there?

Definitely there is increased volume depicted, yet I believe that all that indicates is that for the time being there is a little bit of a price battle going on, but gosh psychology is definitely on the side of the bulls, no?

I mean, it is going to be somewhat difficult for bears or shills to attempt to convince us  (even the most naive of us) that bitcoin is ded or dying, no?  

Another big trouble for China !!

http://www.zerohedge.com/news/2016-05-29/china-sends-yellen-another-warning-fixes-yuan-lowest-over-five-years

Tell me my old friend, how many glasses of wine did you consume till now ?

When you will get stoned ?

Edit : If you don't mind, update the BitMovements please

"CHINA was right to turn on the credit taps to prop up growth after the global financial crisis."

Right at the first sentence, they fail :-D Love Keynesian/statism interventionist stupidity of mainstream economists.

Oh, other than that yeah, i agree. China will buy more coins!

All these news along with people losing trust in goverments and such will make us reach our goal quickly and ultimatly.

China is in big trouble, they will buy more coins.

http://www.economist.com/news/leaders/21698240-it-question-when-not-if-real-trouble-will-hit-china-coming-debt-bust?fsrc=scn/fb/te/pe/ed/thecomingdebtbust

my charts are telling me 800's are coming.

I WAS ok with the idea of ethereum, well, as an interesting concept, and idea (and not a "bitcoin 2.0 currency as the main goal for the g0ldz"). But.
That ended after the "IPO" of the first ether batch sale (sale? more like give us your bitcoins for this would be, thing) - premined presaled of an obvious speculator scamcoin 16000% return in 3-6 months bullshit -, with arbitrary, non defined, "will see in the future" monetary policy (?), like, what are the consensus rules are for new coins?

Bitcoin had a fixed, well known, open, obvious  - still unchanged - monetary policy on day 1 - should i say day 0? Oh, Genesis block it is
Than this PoS ethereum mutation idea, with a combined premine and presale before it is known?? So not cool.

THAN it started this "bitcoin 2.0, so smart contract, much DAO*".

* yeey, we can make companies without state provisioned governance, which is a great concept, but without any social precedent or theory behind it how it actually will solve: clear business plans, or expertise, and/or accountable management goals and/or actual PEOPLE who grab that fukin' hammer and hit nails, but that is okay, because... we can always opt out our DAO-ether for bitcoin  (except if we actually participate in a vote with YES/NO, cause than we are fucked)!"

The interesting parts will be available in bitcoin as well on any sidechains/LN solution in a few years, when the market in REAL LIFE actually want to start micro transactions to turn on water heaters for airbnb style renting.
 
This whole shared computing (other than unnecessary and technically unfeasible in scale btw..) and DAO concept is waaaay premature/unnecessary, like a baby born on -46 months. IT can not fix some physical problems like: how to network secure properly a guy digging a hole, and fixing that plumbing toilet waste. Oracle/Ghost that

TLDR; so even if the automated application running environment fueled by the token of ether provided by it's network in theory is nice, and interesting, it mutated into a wannabe bitcoin, without any of the elegant simplicity and scalability - by adding additional layers on it - of the Bitcoin network.

market is bullish cant argue with that 

   
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       | BTC |
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poor bears.

It's going to level at 3750 yuan then make the jump to 3800 yuan

Yes, in theory, it is good to lock in profits at various points, especially when we have decent upwards price movements.

nonetheless, we gotta be careful not to lock in too many profits, especially when there is likely going to be a lot more upwards price movement.

Each of us needs to assess our own risks and viewpoints regarding how much profits to take and whether to hold those for reinvestment..

Tentatively, at this time, I am thinking for myself that I am going to continue to reinvest until about $2k... but I am not for sure, because we have to see how all of this plays out.  Nonetheless, I do feel a lot better to cash out a little bit all the way up for example in the past few months from $403 to $538... .. there were a lot of dips in there, and it was really helpful to have a bit more capacity to buy on dips, merely because I had been cashing out a little bit all along the upwards price movement.

Accordingly, my quantity of BTC went up about 5%  (go figure?  even while the price is going up, I end up having 5% more BTC) and my cash holdings went up a similar amount, and my cost per BTC went down (which is all part of the calculation of the other two of having more BTC and more fiat)...

The whole assessment of where my BTC portfolio stands at any given moment remains a bit of a moving target, but it does seem to work out pretty well with this BTC price volatility to cash out small amounts while the price is going up, even if in the end it is fairly likely that a person is not going to be able to time the exact tops, bottoms and/or price direction reversals with any kind of precision (so then some luck comes into play, too).

ok who's ready to deal some revenge to the ratty little eth shill thieves who now only dare creep out at night and spread their mailicious lies and whispers??



the dragon is waking up in HK again ... and looks a little pissed, the night shift crew might have gotten drunk and let the cat out

Hahahahaha


That will be interesting to see how that plays out for the Ethereum folks...

You know I have no problem with Ethereum adding value to the crypto space; however, it can be a little bit irritating for some subsects of the ETH space that attempt to engage in passive aggressive competition with bitcoin.. and little sly assessments and approaches to denigrate bitcoin.. while overhyping what it is that the scammy vapor (ahead of its time) that they are offering.

lol!


They're only connected in one axis. They're actually just a bunch of sticks held together in a sort of fasces.

'Cause Bitcoin, I guess.

Go figure.

Man, I can only order so many rugs.

Why ?