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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 20217. (Read 26610750 times)

hero member
Activity: 588
Merit: 500
alls well that ends well

uptick

But is it a bounce or a triple test of $300?
Volume is very, meh..

Time will only tell. Gobble dem cheap coinz.
legendary
Activity: 1624
Merit: 1008
any geniuses left to dump it to 305 once more?

The real geniuses are those who think that price will go up for no reason.

After the break at 500, it was almost obvious that price will return to mean - 250 or so.

10 geniuses  vs half a million retards.

it's going to be interesting.

You can count me in as one of the half million!
full member
Activity: 219
Merit: 100
alls well that ends well

uptick
hero member
Activity: 588
Merit: 500
I like to melt margarine and drink it. Lots of quality nutrition and no hangover.

Probably works well as a good anal lube too?

Prosecco, wycliff, margarine, hey whatever works, same result in the end.
legendary
Activity: 910
Merit: 1000
thanks for the dom '04 pics, I'll pretend I'm drinking it while I'm drinking $3 wycliff and watching this shit storm.

It's Prosecco that's gone crazy here. Cheap shit that makes the girls open their legs on a weekend.
Thats the funniest thing on this thread in what, last 15 posts. Wink

Staying at 309. I think it is settling in for bed at that for the rest of the night. Close at that you Beeotch whore!
 Angry
legendary
Activity: 3556
Merit: 9709
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I like to melt margarine and drink it. Lots of quality nutrition and no hangover.

Probably works well as a good anal lube too?
legendary
Activity: 1260
Merit: 1116
Bitcoin is not a joke.
legendary
Activity: 3556
Merit: 9709
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thanks for the dom '04 pics, I'll pretend I'm drinking it while I'm drinking $3 wycliff and watching this shit storm.

It's Prosecco that's gone crazy here. Cheap shit that makes the girls open their legs on a weekend.
legendary
Activity: 1624
Merit: 1126
It's all mathematics...!
Fatman, You bashed me relentlessly for having a homeless coffee tip address for ppl that can empathize...not for me but so you can do a good deed and you bashed me! Funny thing is you sit on here begging for pros advice which is much worse because the homeless person only wants a meal and you want an island of your own!
maybe you are blind and don't see it...


I appreciate the contributions of many and most of the people who regularly drops by this thread. I even enjoy reading what some of the self-professed "Pro Traders", who only come here to rape Bitcoin like some shitcoin, say.

And I have not attacked you relentlessly. I have given you plenty of opportunity to move on, but you insist on droning on about it. But again, look at how you talk about those homeless people who you claim to be the objects of your selfless compassion. Basically they're not as bad as me, but pretty bad. You wear your "charity credentials" like a fucking piece of jewelry, but your disdain for these people shines through in everything you've said here.

It disgusts me. You disgust me.

i disgust you? Your arguments have been weak...all the while begging the direction of some Hero members!

I have been calling this market since Mark K at Gox...show some respect!



You've been chanting "Ooooh, something's going to happen, but I ain't telling". I guess we're all oracles here then.

Not that it matters. Your use of other peoples misery to make yourself look good warrants no respect. It makes anything else you might have achieved null and void.

What??? Rotflmao! By forever on ignore!
hero member
Activity: 588
Merit: 500
thanks for the dom '04 pics, I'll pretend I'm drinking it while I'm drinking $3 wycliff and watching this shit storm.
legendary
Activity: 1708
Merit: 1049
What is the true value of 1 bitcoin? Nobody knows.

1 full bitcoin (1.0 BTC) is as scarce as 12kg of above ground gold. The price will readjust itself in the long run to reflect this. I'm not saying it will go to the value of 12kg gold, but price has to adjust to accommodate the scarcity factor.

How did you calculate this? What are the parameters to calculate this value? Even if we know everything, we don't know non-mined gold's quantity in the whole universe. BTC supply is already known and it's limited to 21 millions.

There are around 180.000 tons of above ground (=mined) gold. This is 180.000.000kg / 15.000.000btc = a ratio of 12kg per 1 btc. Or 386 troy ounces per 1 btc.

People said "oh, hubris, 1 btc is priced like gold at 1200$" but there were like 11mn btcs and 5.7bn ounces of gold. If BTC was priced in the thousandths of the BTC, or if gold was priced by the kilogram, nobody would say anything. It's all perception.

Btw, that's the ratio right now. I'm not talking about what might be mined in the future, in either gold or btc.
legendary
Activity: 1554
Merit: 1014
Make Bitcoin glow with ENIAC
Fatman, You bashed me relentlessly for having a homeless coffee tip address for ppl that can empathize...not for me but so you can do a good deed and you bashed me! Funny thing is you sit on here begging for pros advice which is much worse because the homeless person only wants a meal and you want an island of your own!
maybe you are blind and don't see it...


I appreciate the contributions of many and most of the people who regularly drops by this thread. I even enjoy reading what some of the self-professed "Pro Traders", who only come here to rape Bitcoin like some shitcoin, say.

And I have not attacked you relentlessly. I have given you plenty of opportunity to move on, but you insist on droning on about it. But again, look at how you talk about those homeless people who you claim to be the objects of your selfless compassion. Basically they're not as bad as me, but pretty bad. You wear your "charity credentials" like a fucking piece of jewelry, but your disdain for these people shines through in everything you've said here.

It disgusts me. You disgust me.

i disgust you? Your arguments have been weak...all the while begging the direction of some Hero members!

I have been calling this market since Mark K at Gox...show some respect!



You've been chanting "Ooooh, something's going to happen, but I ain't telling". I guess we're all oracles here then.

Not that it matters. Your use of other peoples misery to make yourself look good warrants no respect. It makes anything else you might have achieved null and void.
full member
Activity: 219
Merit: 100
What is the true value of 1 bitcoin? Nobody knows.

1 full bitcoin (1.0 BTC) is as scarce as 12kg of above ground gold. The price will readjust itself in the long run to reflect this. I'm not saying it will go to the value of 12kg gold, but price has to adjust to accommodate the scarcity factor.

How did you calculate this? What are the parameters to calculate this value? Even if we know everything, we don't know non-mined gold's quantity in the whole universe. BTC supply is already known and it's limited to 21 millions.

there is a lot of gold in the universe,  but you'll never see it while alive

legendary
Activity: 1624
Merit: 1126
It's all mathematics...!
hero member
Activity: 627
Merit: 500
Interesting idea. Thanks for posting this.


What is the true value of 1 bitcoin? Nobody knows.

1 full bitcoin (1.0 BTC) is as scarce as 12kg of above ground gold. The price will readjust itself in the long run to reflect this. I'm not saying it will go to the value of 12kg gold, but price has to adjust to accommodate the scarcity factor.
donator
Activity: 1722
Merit: 1036
hero member
Activity: 490
Merit: 500
What is the true value of 1 bitcoin? Nobody knows.

1 full bitcoin (1.0 BTC) is as scarce as 12kg of above ground gold. The price will readjust itself in the long run to reflect this. I'm not saying it will go to the value of 12kg gold, but price has to adjust to accommodate the scarcity factor.

How did you calculate this? What are the parameters to calculate this value? Even if we know everything, we don't know non-mined gold's quantity in the whole universe. BTC supply is already known and it's limited to 21 millions.
legendary
Activity: 1708
Merit: 1049
What is the true value of 1 bitcoin? Nobody knows.

1 full bitcoin (1.0 BTC) is as scarce as 12kg of above ground gold. The price will readjust itself in the long run to reflect this. I'm not saying it will go to the value of 12kg gold, but price has to adjust to accommodate the scarcity factor.
legendary
Activity: 3556
Merit: 9709
#1 VIP Crypto Casino
Why is the price even going down now, shouldn't these idiots have sold at 450 +
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