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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 19847. (Read 26609885 times)

legendary
Activity: 1176
Merit: 1000
If FOMO hasn't begun to kick in yet, just wait until we tip past 504 and the volume begins to surge..
legendary
Activity: 4200
Merit: 4887
You're never too old to think young.
Launch scheduled for 4:20PM CST.

Nice...with the activity of 420.
Dem bearz in FOMO headlights effect is about to begin. Grin
when you guys start talking about the 5 figure amounts i start thinking you're all mental.

then i remember how mental 460 seemed 3 years ago....
"Waiting for $175 c0ainZ, dats my strength signaLOL to go l0ngZ!"

Wink

Are we at double digits yet?

 Smiley Wink Cheesy Grin Cool
hero member
Activity: 798
Merit: 531
Crypto is King.
Launch scheduled for 4:20PM CST.

Nice...with the activity of 420.
Dem bearz in FOMO headlights effect is about to begin. Grin
when you guys start talking about the 5 figure amounts i start thinking you're all mental.

then i remember how mental 460 seemed 3 years ago....
"Waiting for $175 c0ainZ, dats my strength signaLOL to go l0ngZ!"

Wink
legendary
Activity: 1652
Merit: 1029
when you guys start talking about the 5 figure amounts i start thinking you're all mental.

then i remember how mental 460 seemed 3 years ago....
legendary
Activity: 1554
Merit: 1014
Make Bitcoin glow with ENIAC
my friend has been diagnosed with a bad disease.

off topic: go be healthier, all of you.

Sorry to hear
legendary
Activity: 3598
Merit: 2386
Viva Ut Vivas
Launch scheduled for 4:20PM CST.

Nice...with the activity of 420.
sr. member
Activity: 290
Merit: 250
Right. You're buying shares of a corporation which does nothing but print its own shares, albeit extremely inefficiently (mines BTC).
You are buying these shares in hopes that a greater fool will eventually buy them from you.
You know what that's commonly called?
Actually I'm buying shares of corporations which do produce cars,computer,tablets and a lot of other products.
You are still the only one comparing Stocks with Bitcoin.

Explain this shit:
Good point. Because everyone wants to use a currency they can't use because it doesn't work Smiley
yea right who the he'll wants stocks you can't use
That's not what I wrote.
I wrote "You don't understand stocks much do you?"
Simple explanation: I thought you meant actual shares of a corporation.
full member
Activity: 122
Merit: 100
i really didnt think we'd see a full retarce so soon!

what if we really are >32,000 in < 2 years  Shocked

no, but 5000$ is quite likely

then what?

i think we'll see 1000-5000 for a year or 2 and bam 32,000 crash down to 10,000 bubble of the year 2017

by 2020, we're back at 32,000 heading for 100,000.

if bitcoin is very successful we're taking ~1million a coin no joke.
haha
Please... wake up, too dreams
legendary
Activity: 1442
Merit: 1016
Last time this level was reached the drop was spectacular, this time it seems more sustainable. Or is it calm before the storm?

Yes but last time the run to 400 and 500 was just crazy.
This time it's more healthier and not exponential. We still might see some corrections, but I doubt any bigger dumps will happen.
I think we are having a sustainable growth at the moment. If we should go down the 400 could be the new bottom.
500 maybe again at new years evening? Would be awesome! Smiley
hero member
Activity: 728
Merit: 500
i really didnt think we'd see a full retarce so soon!

what if we really are >32,000 in < 2 years  Shocked

no, but 5000$ is quite likely

then what?

i think we'll see 1000-5000 for a year or 2 and bam 32,000 crash down to 10,000 bubble of the year 2017

by 2020, we're back at 32,000 heading for 100,000.

if bitcoin is very successful we're taking ~1million a coin no joke.
I call max 20,000 before too many issues with scalability,  government,  and competition.  Also,  wherever the theoretical max is, the moon train dumping will begin well before then
sr. member
Activity: 290
Merit: 250
Right. You're buying shares of a corporation which does nothing but print its own shares, albeit extremely inefficiently (mines BTC).
You are buying these shares in hopes that a greater fool will eventually buy them from you.
You know what that's commonly called?
Actually I'm buying shares of corporations which do produce cars,computer,tablets and a lot of other products.
You are still the only one comparing Stocks with Bitcoin.
legendary
Activity: 3920
Merit: 11299
Self-Custody is a right. Say no to"Non-custodial"
i really didnt think we'd see a full retarce so soon!

what if we really are >32,000 in < 2 years  Shocked

hopefully, you do not sell all your coins before then in an attempt to "trade"
hero member
Activity: 798
Merit: 531
Crypto is King.
Launch scheduled for 4:20PM CST.
ImI
legendary
Activity: 1946
Merit: 1019
i really didnt think we'd see a full retarce so soon!

what if we really are >32,000 in < 2 years  Shocked

no, but 5000$ is quite likely

then what?

then other CC will take over and BTC will die
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 3598
Merit: 2386
Viva Ut Vivas
Wha wha wha so many whiny bears, you carry on talking about irrelevant bids and asks and ignore the bigger picture, be my guest. But but blocks lol

Halving.
Difficulty increase.
Increased interest.

These are things that are affecting price. I fully expect to see nearer to $100mil in leverage longs when this really starts bubbling.

Good point. Because everyone wants to use a currency they can't use because it doesn't work Smiley

As someone who actually uses Bitcoin as a currency. It works.

I'm sure. many children used Chuck E. Cheese coins as a currency too, but that's not what I'm talking about.
I'm talking about full blocks, which would make Bitcoin unusable Smiley

Other than getting your money onto an exchange, just sending the transaction has tended to be good enough for any payment I've done.

I've even sent a few people over $10k worth of bitcoins and once they saw the transaction show up that was good enough for them. Of course we had established enough trust by then to make such a transaction possible.

If unclear, I'm not saying you haven't used Bitcoin as money in the past, when there were fewer transactions and the blocks were not full.
What I am saying is that when the blocks become full, as is already happening now & will most certainly happen if more people try to use BTC, Bitcoin will stop to function.
I may accept your payment without waiting for it to be confirmed, just like I may accept your promise that the check's in the mail, *but I can't use it*.

A credit card transaction takes 6 months to confirm and yet people are able to conduct commerce. I don't think there is one thing I've purchased in the past 6 months where there hasn't been a third party service handling the transaction for the company. Those services can wait hours if necessary and still be just fine. On localbitcoins I transfer money from my account to someone else's account in a second.
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
i really didnt think we'd see a full retarce so soon!

what if we really are >32,000 in < 2 years  Shocked

no, but 5000$ is quite likely

then what?

i think we'll see 1000-5000 for a year or 2 and bam 32,000 crash down to 10,000 bubble of the year 2017

by 2020, we're back at 32,000 heading for 100,000.

if bitcoin is very successful we're taking ~1million a coin no joke.

if countries started using bitcoin to trade oil and stuff... i wouldn't be surprised to see 2million dollars a coin, 2022 bubble! and if bitcoin gets that far its reasonable to assume it will go the distance and eventually take over all currency at which point it would make sense to buy 1million dollar coins in anticipation of 5million dollar coins 5-10 years later. Its less risky buying 1million dollar bitcoin because at that point you know bitcoin is successful and will most definitely to continue being successful tomorrow.


but i think this is an unlikely sanrio, i think bitcoin will be THE ONE until it's not, but even after it's no longer THE crypto everyone uses, it will still be very valuable.

but how knows, all we can do is watch the story unfold and place bets  Cheesy
legendary
Activity: 1470
Merit: 1007
-should I enter into a margin long right now?

I personally wouldn't. I believe the place of margin is for the middle of the distribution, not the tails.

-is the liquidity of the exchange growing?
-is fresh fiat being injected masse right now?

Not clear. Drying out order book (which is arguably the case), highly leveraged longs can point either way: the trend is weakening, or the market sentiment has changed drastically, and the above are just the first signs of change of demand temporarily being ahead of actual demand (i.e. dollars on the exchanges)

-will it simply consolidatine and go sideways for another three months, or is it breaking out right at this instant?

Breakout towards blowout? Possibly. Towards new sustained rally? No idea. Sideways? Less likely, imo.

-could one small market dump cause a margin reaction and liquidate me?

See leverage remark above.

You really don't like funds sitting on an exchange, do you? :D
legendary
Activity: 3920
Merit: 11299
Self-Custody is a right. Say no to"Non-custodial"
Last time this level was reached the drop was spectacular, this time it seems more sustainable. Or is it calm before the storm?


Sometimes it is very difficult to know for sure.

I have been thinking that prices would have a few approaches to $500, but not quite reach $500 and then finally break through and once passing $520 would be well in passing to the mid $600s before a correction.

A thing about attempting such a prediction is that a few big-ass players could really interfere with the way the whole matter plays out and surprise us... WOW!!!!


Anyhow, it likely doesn't hurt to have a tentative vision regarding how matters might play out, so long as your holdings also are prepared for varying alternative (quasi-surprise) scenarios - in either direction.... but anticipating that at this point, probabilities seem much more likely for up
sr. member
Activity: 290
Merit: 250
Wha wha wha so many whiny bears, you carry on talking about irrelevant bids and asks and ignore the bigger picture, be my guest. But but blocks lol

Halving.
Difficulty increase.
Increased interest.

These are things that are affecting price. I fully expect to see nearer to $100mil in leverage longs when this really starts bubbling.

Good point. Because everyone wants to use a currency they can't use because it doesn't work Smiley
yea right who the he'll wants stocks you can't use

You mean stocks which represent nothing beyond the paper they're [not] printed on?
Good question.
You don't understand stocks much do you?

Perhaps not. Teach me?

@Sitarow, so what you're telling me is I could make money if I got my gear for free?
Capital was and is a major driver of economic growth, grab a book about economics or google it yourself, shouldn't be that hard.

If buying BTC is like buying stocks (which is what you seem to suggest), then these stocks represent nothing beyond your hope that someday, someone will be stupid enough to buy these 'stocks' from you.
Capital driving economic growth, how does it enter into this?
Which part is capital, USD spent on your BTCeanies BTC, or the BTC itself?
That's not at all what I meant. I talk about shares of a corporation , they do represent ownership of a corporation.
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