Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 18957. (Read 26609471 times)

http://www.nasdaq.com/article/the-push-for-a-cashless-society-could-be-an-opportunity-for-bitcoin-cm605217   
   morons

Bernanke coming to pump Bitcoin again:

http://www.zerohedge.com/news/2016-04-11/ben-bernanke-helicopter-money-may-be-best-available-alternative

A bit more cheerful than Russia then. They've really got to get some banks to play though. Hopefully Fidor are going to do something but they may well be frozen out by the biggies.

How can MMM ponzi #3478 can still somehow be relevant is beyond me. Just rebrand it as a lottery and let it go

http://cointelegraph.com/news/uk-regulators-declare-start-of-beautiful-friendship-with-bitcoin-ethereum

   In a further speech at the same summit, Harriett Baldwin, Economic Secretary to the Treasury, indicated UK’s openness and welcoming of fintech innovation not only by announcing new measures, but also by the words she chose. Describing currencies such as Bitcoin and Ethereum as “digital currencies”, Baldwin assured attendees that this was just the start of a “beautiful friendship”.
“We will be announcing other ways we can help you help UK consumers.” - she stated.
Thus, expect even more measures in what seems to be a complete embrace of fintech, including digital currencies like Bitcoin and Ethereum, and not only a partnership, but a “beautiful friendship”.
The United Kingdom is widely recognized as the most welcoming regulatory environment for Fintech companies.  

Sergei needs to start another ponzi asap. Then we'll get the price moving for sure.

Don't do it Bargainbin... It's not worth it.

I'm suggesting, just go buy some bitcoin lil friends.  It will give you a reason to live, and you will feel better.   

Good.  I look forward to any kind  of attempt at a meaningful contribution, if you are capable of such....

you seem to be starting off at a bit of a bad start, but probably, it doesn't really cost too much effort to give you a bit of a benefit of the doubt, just in case you may be capable of meaningful contribution.

That's Jr. Member, to you.

Aaaand, I'll have you know, my Bitcoin experiences are growing by the minute. I'll let you here more about them when I have more time.

Yeah, you must be amazing newbie with only 34 posts.  Let's here a bit about your bitcoin experiences and what makes you so great?           

Always enjoyable to see the guy who discovered Bitcoin at the height of the 2013 bubble... and bought at >$1200, drone on about the profit taking decisions of people who bought/mined theirs at single and double digit prices.

 

Your presumption between 1 and 2 is not necessarily true.  This is the type of presumption that people attempt to suggest as a given, and therefore, your whole argument becomes invalid.

Surely, there is a bit of comedic effect that as the price goes up, there seem to be an increased attempt at spam attacks (and creating the impression that blocks are getting full), yet the price continues to go up or fails to go down... hahahahahaha..   

These kinds of block full arguments have been being attempted for at least a few months and are becoming less and less convincing....

Recall when BJA was making the block full argument at $370 and saying that the blocks were getting more full as the price went up.. then he sold a bunch of his coins at $370.. thereafter, the price continued to go up, and have not returned to $370 for several months.  During this time, also, spam attacks have been up and down, and we see when the spam attacks are not very prevalent, then block sizes are generally floating between 55% and 75% - which is in no way any kind of urgent scenario... that causes some need for a hard increase in the block size limit.

The upwards price pressures are looking pretty nice in recent days.... let's see if we are going to break into the $430s, this time?  I'm prepared either way... but at the moment feeling slightly more inclined to predict up rather than down... maybe 54/46..

1. Price rises

2. Tx volume fills blocks

3. Price stops rising, gains bleed away

4. Tx Volume drops, Blocks not so full

5. Go to 1.... until Gregory Maxwell has a fee-siphoning solution released thinks it's safe to burden Rasb Pi full economic nodes on Luke-Jr's ISP with more than 1MB per 10 min.

It may seem dead at this time with all the trolling, political crap and long-winded dissertations about scaling and block size but don't worry.

When the price starts to soar, this thread will wake up again.

Fuck it.

Opened up some future positions today.

Long n strong!  

Big bid on Gemini.com today.

Dat avatar

Adam.
Please lock this thread as it is officially dead, Bitcoin will live on.


-PoolMinor

Yeah.. sure... of course some people are trading ETH to BTC, and I've seen several of these kinds of discussions.

At some point, ETH's performance may become pegged to BTC in a variety of ways; however, to me, discussion of ETH's value in terms of dollars seems much more relevant. In that regard, ETH needs to continue to develop and come of its own in terms of its dollar market cap.

Likely, ETH will not take as many years as BTC in order to establish various independent networking effects (speculation, liquidation, consumer uses) because it can bounce off of the coat tails of BTC in order to take less time... Nonetheless, I would consider that ETH has several more years of speculation and value creation.. and if ETH can make it through some of the likely upcoming up and down volatility (probably mostly down in the coming months). and come up with some kind of value proposition (that will not be absorbed into BTC), then maybe they may be able to return to glory days of $14 or even $100 at some point? ... but for the time being, $5 seems to be a generous valuation of ETH, and likely below $2 would be more realistic and reasonable.

BTC, on the other hand, if we can get into the next price upsurge - that is getting above $470 which will likely shoot us to $600+ (maybe 40-50% chance in the next 4 months) we could be hovering between $450 and $550 for some time before possibly moving into an upsurge to $800 that brings us back to $550 to $650 (and maybe even an attempt at pushing down to sub $400s) - and subsequently exploding into the $3 to $5k bubble territory (maybe even thereafter returning to a $1.5k to $2k territory for some time before bouncing into $10k plus?) 2-3 years? maybe maybe not that long..?

The BTC security infrastructure is already ready for $10k plus... that's fairly certain.. .but the user-friendliness of BTC's various apps, seems to be more in the sub $1k price territory, at the moment... hahahahahhaha


Possibly, BTC's user-friendliness will come with a bit more of a BTC price push? If we get to the $3k to $5k price territory, surely some companies (or individuals) are going to become inspired to make and to market some of those user-friendly "killer" BTC apps, no?
 

Bitcoin getting hot in the next days/weeks. We haven't seen such a stability for a long time.

Good morning Bitcoinland. Still over $425? This is good. Keep creeping slowly upward.