Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 19896.

peonminer

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Crypto is King.

Quote from: ImI on December 11, 2015, 10:01:26 PM

question is: what happens at 500$?

i can't imagine us going through it just like that. correction is very likely, maybe down to 450 again...

Probably what we saw at $400 ceiling this run up. Lots of bucking and bears trying to win; They will be slaughtered. Every. Last. One.

I presume we will test $485-$500 all weekend. Then bust the $500 nut Monday or Tuesday. Then again, our Sunday is China's Monday. Be on your guard. Hodl!

Quote

After adding up all the Bitcoin needed for online payments, remittances, micro-transactions, the unbanked and other applications in the year 2025, he concludes that one Bitcoin will, by then, be worth $17,473, and that the present value of a Bitcoin would need to be $604 today to support that amount of economic activity in 2025. If Luria’s projection becomes true, anyone investing today would see a 40+x return within 10 years.

http://www.forbes.com/sites/laurashin/2015/12/11/should-you-invest-in-bitcoin-10-arguments-in-favor-as-of-december-2015/

Forbes seems to believe we are headed $604+, then $17,473

BULLISH

ImI

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question is: what happens at 500$?

i can't imagine us going through it just like that. correction is very likely, maybe down to 450 again...

ChartBuddy

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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ

Coin

Explanation

nioc

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I will have more fiat on Tuesday. I wonder what the price will be Tongue

MinermanNC

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I do not see anything out there going on that would cause a real turn against bitcoin. More bright spots and positives for the future than negatives. For sure

Also, the bock size debate has even possibly found an alternate option,,, without a hard fork.... so that helps too a little

DrShell

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euro nearly @420

blaze it

MinermanNC

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Quote from: ?? on ??

Quote from: Alley on December 11, 2015, 09:38:01 PM

Quote from: ?? on ??

Up 9.7% in 24 hours! This is not sustainable. Buyers are slowing down. If you want profit, better take it now. Correction is imminent.

Every $10 you call for a correction. I guess eventually you'll be right...

Eventually yes, but I won't lie about it. This shit fucking hurts. I hate being wrong, and I hate losing money. I am gonna stick this out. I'm not taking this loss. The crash is coming. Maybe it will happen tonight while you are asleep. Better cash out now. You may wake up tomorrow wishing you had.

Even if it does crash... so what

just hang tight till next pump or real rise based on consumer demand,,,,it seems to always come back up. Even if people buy in right now, eventually they will make their money and profit back. Just a game of patience I think.

JimboToronto

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You're never too old to think young.

Quote from: DavieT1337 on December 11, 2015, 09:47:57 PM

Quote from: ImI on December 11, 2015, 09:41:42 PM

Quote from: peonminer on December 11, 2015, 09:35:18 PM

perfect gif

Haha

Happy Christmas eating or maybe like thankx giving Cheesy

I thought it was popcorn.... enjoying the show.

peonminer

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Crypto is King.

Quote from: ?? on ??

Quote from: marcus_of_augustus on December 11, 2015, 06:48:16 PM

Quote from: ?? on ??

We are up 8.6% in the last 24 hours. I'm opening a short position. This thing is gonna dip. I will buy back in at 435, or maybe 420.

or you'll close your short at 475 and buy back in 485.

Not gonna happen. Even if people are dumb enough to buy at $450+ at this point, eventually someone has to take profits and pay bills. I am patient enough to wait for a correction.

Can I just leave this here? Grin

BlindMayorBitcorn

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Quote from: MinermanNC on December 11, 2015, 09:46:08 PM

Any best guesses as to what is fueling all of this?

I'm guess its the saggy stock markets and the constantly growing interest in the blockchain?

Plus North Carolina is now a bitcoin friendly state Wink

lol

More than NY anyways Grin

International money will pour in and keep pouring in, just like it has into every real-estate market in the world. Money needs a home. That's always been my best guess.

r0ach

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Price is pretty much guaranteed to be $600 or higher after halving in 7 or so months, so this rise will probably go to $600 or higher when there's not much risk of buying right now. You need to be suicidal to try and short this under $600. This could be "the big one" and it just keeps on going after $600 though.

Alley

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Quote from: ?? on ??

Quote from: Alley on December 11, 2015, 09:38:01 PM

Quote from: ?? on ??

Up 9.7% in 24 hours! This is not sustainable. Buyers are slowing down. If you want profit, better take it now. Correction is imminent.

Every $10 you call for a correction. I guess eventually you'll be right...

Eventually yes, but I won't lie about it. This shit fucking hurts. I hate being wrong, and I hate losing money. I am gonna stick this out. I'm not taking this loss. The crash is coming. Maybe it will happen tonight while you are asleep. Better cash out now. You may wake up tomorrow wishing you had.

I bought at $250. I think ill be ok with a correction.

DavieT1337

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Quote from: ImI on December 11, 2015, 09:41:42 PM

Quote from: peonminer on December 11, 2015, 09:35:18 PM

perfect gif

Haha

Happy Christmas eating or maybe like thankx giving Cheesy

MinermanNC

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Any best guesses as to what is fueling all of this?

I guess its the saggy stock markets and the constantly growing interest in the blockchain?

Plus North Carolina is now a bitcoin friendly state Wink

lol

More than NY anyways Grin

peonminer

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Crypto is King.