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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 20453. (Read 26641759 times)

hero member
Activity: 577
Merit: 500
Jesus was a (Goddamn) hippy socialist
new poll now please?
legendary
Activity: 1106
Merit: 1005
Do you have a better explanation?  I don't see any news or rumor that could explain it.

I just posted the explanation Stolfinator.  When something like 70% of coins have been mined, price has already hit the bottom as evidenced from the last year, and the upside potential is listed below, we haven't witnessed anything close to a bubble yet:

Incoming $163,000,000,000 market cap and $7700 coins

https://bitcointalksearch.org/topic/incoming-163000000000-market-cap-and-7700-coins-1235466

Well, six months ago 68% of the coins were already mined.  Why wasn't the price ~$340 back then?  

Didn't investors then know that, within six months, 70% of the coins would be mined?

Whatever the cause for the rally, one thing you should keep in mind: every penny of profit that a bitcoin investor makes can only come from the pocket of another bitcoin investor...

that is assuming the market is a closed system, but it's not.

there's constantly new buyers entering the market, who also want a share of the pie, but the pie is very limited, so the more people want a share, the more expensive the shares become.

Sure, a lot of bears lost money, which made a lot of bulls a lot of money (for the first time in years, at this scale at least), but a lot of gains also come from new investors.

And we haven't seen the end of it yet. This is just the beginning.
legendary
Activity: 1176
Merit: 1000
People, serious question here, aren't you afraid that we will crash really badly after this insane move ?

Didn't we always say, slowly and steadily better than this circus !!

I'm really afraid !!

Relax. We're probably just getting started. New buyers havent bought in yet. No one except us wanted btc at 200. Everyone will want it at 400 as long as the price is rising..
legendary
Activity: 1260
Merit: 1000
Well, six months ago 68% of the coins were already mined.  Why wasn't the price ~$340 back then?  

Didn't investor know then that, within six months, 70% of the coins would be mined?

Easy, because everyone wants to buy "at the bottom", so the bottom comes and sits there for an entire year while they look at the screen and say, "hmm seems pretty stable here, looks like the bottom is in, but I think i'll wait and see if there's a flash crash, then I'll buy some then".  Then the train starts to leave without them and they realize they're a fucking idiot.

That and shorters are good at keeping the price from moving...until they fail and lose everything:



legendary
Activity: 2198
Merit: 1000
People, serious question here, aren't you afraid that we will crash really badly after this insane move ?

Didn't we always say, slowly and steadily better than this circus !!

I'm really afraid !!
I think everyone is a afraid of the impending crash.. If anyone says otherwise, don't believe em" lol

However, nice to see it as a long overdue price correction  Wink
legendary
Activity: 1624
Merit: 1126
It's all mathematics...!
People, serious question here, aren't you afraid that we will crash really badly after this insane move ?

Didn't we always say, slowly and steadily better than this circus !!

I'm really afraid !!

Fear nothing!
legendary
Activity: 2002
Merit: 1040
ImI
legendary
Activity: 1946
Merit: 1019
People, serious question here, aren't you afraid that we will crash really badly after this insane move ?

Didn't we always say, slowly and steadily better than this circus !!

I'm really afraid !!

you have to expect a setback to 300$ imo

nevertheless, who cares?

longterm outlook is very positive imo and i expect 1200$+ in 2016.
legendary
Activity: 1624
Merit: 1126
It's all mathematics...!
Do you have a better explanation?  I don't see any news or rumor that could explain it.

I just posted the explanation Stolfinator.  When something like 70% of coins have been mined, price has already hit the bottom as evidenced from the last year, and the upside potential is listed below, we haven't witnessed anything close to a bubble yet:

Incoming $163,000,000,000 market cap and $7700 coins

https://bitcointalksearch.org/topic/incoming-163000000000-market-cap-and-7700-coins-1235466

Well, six months ago 68% of the coins were already mined.  Why wasn't the price ~$340 back then? 

Didn't investor know then that, within six months, 70% of the coins would be mined?

Whatever the cause for the rally, one thing you should keep in mind: every penny of profit that a bitcoin investor makes can only come from the pocket of another bitcoin investor...

can you educate us on the velocity of money and how fast ppl can get there hands out of the pockets and onto the keyboard before the price rises...supply and demand! I have loved your "neutral" stand over the years and I'm a fan!
legendary
Activity: 1386
Merit: 1027
Permabull Bitcoin Investor
People, serious question here, aren't you afraid that we will crash really badly after this insane move ?

Didn't we always say, slowly and steadily better than this circus !!

I'm really afraid !!
legendary
Activity: 2198
Merit: 1000
I think its almost time to break out the champagne    Cool relish the moment lol
hero member
Activity: 910
Merit: 1003
one thing you should keep in mind: every penny of profit that a bitcoin investor makes can only come from the pocket of another bitcoin investor...

 Cheesy Cheesy Cheesy Cheesy Cheesy Cheesy Cheesy Cheesy Cheesy

Like money right?

Did I ever tell you that only fools invest in currencies?
legendary
Activity: 2338
Merit: 2106


chinese dragonbull awakes
legendary
Activity: 2833
Merit: 1851
In order to dump coins one must have coins
Do you have a better explanation?  I don't see any news or rumor that could explain it.

I just posted the explanation Stolfinator.  When something like 70% of coins have been mined, price has already hit the bottom as evidenced from the last year, and the upside potential is listed below, we haven't witnessed anything close to a bubble yet:

Incoming $163,000,000,000 market cap and $7700 coins

https://bitcointalksearch.org/topic/incoming-163000000000-market-cap-and-7700-coins-1235466

Well, six months ago 68% of the coins were already mined.  Why wasn't the price ~$340 back then? 

Didn't investor know then that, within six months, 70% of the coins would be mined?

Whatever the cause for the rally, one thing you should keep in mind: every penny of profit that a bitcoin investor makes can only come from the pocket of another bitcoin investor...

Pretty sure that's how gold works too and looks it's been around for ages
hero member
Activity: 644
Merit: 504
Bitcoin replaces central, not commercial, banks
Do you have a better explanation?  I don't see any news or rumor that could explain it.

I just posted the explanation Stolfinator.  When something like 70% of coins have been mined, price has already hit the bottom as evidenced from the last year, and the upside potential is listed below, we haven't witnessed anything close to a bubble yet:

Incoming $163,000,000,000 market cap and $7700 coins

https://bitcointalksearch.org/topic/incoming-163000000000-market-cap-and-7700-coins-1235466

Well, six months ago 68% of the coins were already mined.  Why wasn't the price ~$340 back then?  

Didn't investor know then that, within six months, 70% of the coins would be mined?

Whatever the cause for the rally, one thing you should keep in mind: every penny of profit that a bitcoin investor makes can only come from the pocket of another bitcoin investor...

 Cheesy Cheesy Cheesy Cheesy Cheesy Cheesy Cheesy Cheesy Cheesy

Like money right?
legendary
Activity: 1624
Merit: 1126
It's all mathematics...!
Edit: Also I don't believe there is enough money on te exchanges to support that price.

order book ... is not money of the exchange.
that's why price is trusted ... and variable.

We have a 35$ price rise in one day... As said, there should be really a lot of money there to support this price.

Maybe I'm wrong, but I will stick to my plan  Wink


tread lightly...you never know when some unicorn that is 100 iq smarter than you will poke you in the Niblets and make you cover your shorts! For clearifaction on Niblets check the trusty Urban dictionary...

disclaimer:Urban dictionary is for entertainment purposes only!
hero member
Activity: 910
Merit: 1003
Do you have a better explanation?  I don't see any news or rumor that could explain it.

I just posted the explanation Stolfinator.  When something like 70% of coins have been mined, price has already hit the bottom as evidenced from the last year, and the upside potential is listed below, we haven't witnessed anything close to a bubble yet:

Incoming $163,000,000,000 market cap and $7700 coins

https://bitcointalksearch.org/topic/incoming-163000000000-market-cap-and-7700-coins-1235466

Well, six months ago 68% of the coins were already mined.  Why wasn't the price ~$340 back then?  

Didn't investors then know that, within six months, 70% of the coins would be mined?

Whatever the cause for the rally, one thing you should keep in mind: every penny of profit that a bitcoin investor makes can only come from the pocket of another bitcoin investor...
legendary
Activity: 3122
Merit: 1538
yes
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