Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 20733. (Read 26609797 times)
October 02, 2015, 08:37:37 PM
We have reached Normality.
October 02, 2015, 08:02:24 PM
October 02, 2015, 07:02:34 PM
October 02, 2015, 06:02:36 PM
October 02, 2015, 05:54:49 PM
Still going sideways I see. 2015 is definitely reminding me of 2012.
Actually, that could signify fairly decent possibilities of two bubbles in the 2016 - 2017 time-frame, no?
Maybe bubble 1 would go 10 to 12x from the mid $200s price arena (that's $2,500 to $3,000), and maybe bubble 2 (after BTC crashes down to $1,500-ish would go 9 to 11x from that mid $1,500s price arena (that's $13,500 to $16,500)?
Call me a bear, or a pessimist, because the above projections do NOT quite make it to Adam's $32k prediction.
What are the odds of something like the above happening? 5% or greater? It's certainly NOT in the realm of the impossible.
i don't think we'll see an exact repeat of the past.
What i see happening is bitcoin becoming increasingly useful and the price rising based on that fact rather than speculation, and then exploding to 32,000 after leaching some of gold's speculative/safe haven value.
so this time next year we'll see a solid rise to ~2,000$ and sustain that value, will take millions bought or sold to move price up or down, we'll see counrty A making a deal with country B using BTC, OIL for BTC or something, then Billions of grams of gold will start buying bitcoin KABOOM 32,000$ maybe 320,000$
I think the next rise or "bubble" will be like nothing we've seen before because this time it will be different, this time it we wont be speculating bitcoin is the future of money, we'll be pricing that fact in.
we may see a bit of a dip on the second run up as bitcoin mining / full nodes become more institutionalized people will be crying out "bitcoin is being centralized by big corporation! this is the end bla bla bla " but infact this is the natural evolution of the tech, early adopters will not like the idea that bitcoin has grown so big that individual nodes / miners are ran by countries and large institutions, and so they will leave to join dogecoin or some shit that will never grow past the "home users form consensus" model. this will all happen so fast, in 2-3years time, there will be much confusion, its important to remember that bigger is better! and bitcoin isn't "centralized" simply because it requires a large amount of capital ( 3000$ computer + high end internet connection ) to participate in its consensus layer.
the big question is how will have more power, China or US.
Have you seen gold? It is shiny and beautiful!
Have you seen btc? ________________
I've seen poeple lick the bottom of another's boot with a verbal agreement to pay up funny colored paper.
and i've seen poeple turn down 1oz of gold for 50$
https://www.youtube.com/watch?v=Gk5aRIz17fk
Bitcoin is like a raptor with shades holding dynamite and a ray gun, riding on a bacon eating shark with big tits
your argument is invalid
your argument is invalid
Aaaaand a proper post. This thread still inspires with the odd post displaying sheer genius.
October 02, 2015, 05:02:43 PM
October 02, 2015, 04:51:13 PM
I'll just help myself to that splendid image.
SAVED
October 02, 2015, 04:31:26 PM
For those who are bored on this forum, there's r/BitcoinMarkets daily discussion.
Friday's discussion is quite interesting:
https://www.reddit.com/r/BitcoinMarkets/comments/3n6vl6/daily_discussion_friday_october_02_2015/
Friday's discussion is quite interesting:
https://www.reddit.com/r/BitcoinMarkets/comments/3n6vl6/daily_discussion_friday_october_02_2015/
October 02, 2015, 04:02:38 PM
October 02, 2015, 03:02:37 PM
October 02, 2015, 02:57:02 PM
Still going sideways I see. 2015 is definitely reminding me of 2012.
Actually, that could signify fairly decent possibilities of two bubbles in the 2016 - 2017 time-frame, no?
Maybe bubble 1 would go 10 to 12x from the mid $200s price arena (that's $2,500 to $3,000), and maybe bubble 2 (after BTC crashes down to $1,500-ish would go 9 to 11x from that mid $1,500s price arena (that's $13,500 to $16,500)?
Call me a bear, or a pessimist, because the above projections do NOT quite make it to Adam's $32k prediction.
What are the odds of something like the above happening? 5% or greater? It's certainly NOT in the realm of the impossible.
i don't think we'll see an exact repeat of the past.
What i see happening is bitcoin becoming increasingly useful and the price rising based on that fact rather than speculation, and then exploding to 32,000 after leaching some of gold's speculative/safe haven value.
so this time next year we'll see a solid rise to ~2,000$ and sustain that value, will take millions bought or sold to move price up or down, we'll see counrty A making a deal with country B using BTC, OIL for BTC or something, then Billions of grams of gold will start buying bitcoin KABOOM 32,000$ maybe 320,000$
I think the next rise or "bubble" will be like nothing we've seen before because this time it will be different, this time it we wont be speculating bitcoin is the future of money, we'll be pricing that fact in.
we may see a bit of a dip on the second run up as bitcoin mining / full nodes become more institutionalized people will be crying out "bitcoin is being centralized by big corporation! this is the end bla bla bla " but infact this is the natural evolution of the tech, early adopters will not like the idea that bitcoin has grown so big that individual nodes / miners are ran by countries and large institutions, and so they will leave to join dogecoin or some shit that will never grow past the "home users form consensus" model. this will all happen so fast, in 2-3years time, there will be much confusion, its important to remember that bigger is better! and bitcoin isn't "centralized" simply because it requires a large amount of capital ( 3000$ computer + high end internet connection ) to participate in its consensus layer.
the big question is how will have more power, China or US.
Have you seen gold? It is shiny and beautiful!
Have you seen btc? ________________
I've seen poeple lick the bottom of another's boot with a verbal agreement to pay up funny colored paper.
and i've seen poeple turn down 1oz of gold for 50$
https://www.youtube.com/watch?v=Gk5aRIz17fk
Bitcoin is like a raptor with shades holding dynamite and a ray gun, riding on a bacon eating shark with big tits
your argument is invalid
your argument is invalid
hahahahaha.... Agree... bitcoin is a lot of things...
October 02, 2015, 02:02:36 PM
October 02, 2015, 01:56:15 PM
Still going sideways I see. 2015 is definitely reminding me of 2012.
Actually, that could signify fairly decent possibilities of two bubbles in the 2016 - 2017 time-frame, no?
Maybe bubble 1 would go 10 to 12x from the mid $200s price arena (that's $2,500 to $3,000), and maybe bubble 2 (after BTC crashes down to $1,500-ish would go 9 to 11x from that mid $1,500s price arena (that's $13,500 to $16,500)?
Call me a bear, or a pessimist, because the above projections do NOT quite make it to Adam's $32k prediction.
What are the odds of something like the above happening? 5% or greater? It's certainly NOT in the realm of the impossible.
i don't think we'll see an exact repeat of the past.
What i see happening is bitcoin becoming increasingly useful and the price rising based on that fact rather than speculation, and then exploding to 32,000 after leaching some of gold's speculative/safe haven value.
so this time next year we'll see a solid rise to ~2,000$ and sustain that value, will take millions bought or sold to move price up or down, we'll see counrty A making a deal with country B using BTC, OIL for BTC or something, then Billions of grams of gold will start buying bitcoin KABOOM 32,000$ maybe 320,000$
I think the next rise or "bubble" will be like nothing we've seen before because this time it will be different, this time it we wont be speculating bitcoin is the future of money, we'll be pricing that fact in.
we may see a bit of a dip on the second run up as bitcoin mining / full nodes become more institutionalized people will be crying out "bitcoin is being centralized by big corporation! this is the end bla bla bla " but infact this is the natural evolution of the tech, early adopters will not like the idea that bitcoin has grown so big that individual nodes / miners are ran by countries and large institutions, and so they will leave to join dogecoin or some shit that will never grow past the "home users form consensus" model. this will all happen so fast, in 2-3years time, there will be much confusion, its important to remember that bigger is better! and bitcoin isn't "centralized" simply because it requires a large amount of capital ( 3000$ computer + high end internet connection ) to participate in its consensus layer.
the big question is how will have more power, China or US.
Have you seen gold? It is shiny and beautiful!
Have you seen btc? ________________
I've seen poeple lick the bottom of another's boot with a verbal agreement to pay up funny colored paper.
and i've seen poeple turn down 1oz of gold for 50$
https://www.youtube.com/watch?v=Gk5aRIz17fk
Bitcoin is like a raptor with shades holding dynamite and a ray gun, riding on a bacon eating shark with big tits
your argument is invalid
your argument is invalid
October 02, 2015, 01:47:47 PM
Gemini Bitcoin Exchange of Winklevoss Twins Gets NYDFS Approval
http://www.newsbtc.com/2015/10/02/gemini-bitcoin-exchange-of-winklevoss-twins-gets-nydfs-approval/
"With that, Gemini bitcoin exchange is now an established entity but this only marks the first among many steps before the company can start offering its services.
The bitcoin exchange plans on operating exclusively in the US, working with US banks and guaranteeing that the funds never leave the country."
So it ain't happening "soon.
WTF does the second line mean
October 02, 2015, 01:47:32 PM
Still going sideways I see. 2015 is definitely reminding me of 2012.
Actually, that could signify fairly decent possibilities of two bubbles in the 2016 - 2017 time-frame, no?
Maybe bubble 1 would go 10 to 12x from the mid $200s price arena (that's $2,500 to $3,000), and maybe bubble 2 (after BTC crashes down to $1,500-ish would go 9 to 11x from that mid $1,500s price arena (that's $13,500 to $16,500)?
Call me a bear, or a pessimist, because the above projections do NOT quite make it to Adam's $32k prediction.
What are the odds of something like the above happening? 5% or greater? It's certainly NOT in the realm of the impossible.
i don't think we'll see an exact repeat of the past.
What i see happening is bitcoin becoming increasingly useful and the price rising based on that fact rather than speculation, and then exploding to 32,000 after leaching some of gold's speculative/safe haven value.
so this time next year we'll see a solid rise to ~2,000$ and sustain that value, will take millions bought or sold to move price up or down, we'll see counrty A making a deal with country B using BTC, OIL for BTC or something, then Billions of grams of gold will start buying bitcoin KABOOM 32,000$ maybe 320,000$
I think the next rise or "bubble" will be like nothing we've seen before because this time it will be different, this time it we wont be speculating bitcoin is the future of money, we'll be pricing that fact in.
we may see a bit of a dip on the second run up as bitcoin mining / full nodes become more institutionalized people will be crying out "bitcoin is being centralized by big corporation! this is the end bla bla bla " but infact this is the natural evolution of the tech, early adopters will not like the idea that bitcoin has grown so big that individual nodes / miners are ran by countries and large institutions, and so they will leave to join dogecoin or some shit that will never grow past the "home users form consensus" model. this will all happen so fast, in 2-3years time, there will be much confusion, its important to remember that bigger is better! and bitcoin isn't "centralized" simply because it requires a large amount of capital ( 3000$ computer + high end internet connection ) to participate in its consensus layer
To me it seems that we may be differing over semantics, because it seems that you and I are saying a lot of the same thing based on two bubbles... (even though maybe within differing timelines).
When I read your description of a world without speculators, I am thinking that NO matter what, we are NOT going to be able to cannot get rid of speculators, even if we were to agree to call the dynamic something else that the fundamentals become more profound and convincing for the public at large.
To me, you seem to be suggesting that the rise in BTC prices to be much more likely than I am making such a rise out to be, and you are giving a greater upwardly explosive impact to the occurrence.
I am in agreement that your projection seems to be quite fairly within the realm of possibilities but I would give your scenario a little less likelihood of occurring than some variation of my scenario.. merely because my numbers are a bit smaller than your that would account for some of the various resistances and/or obstacles that may be known or NOT known at the present and are likely to occur along the way to becoming gentlemen, sir.
right the sanario i describe is very optimistic. It implies that bitcoin's scalability will be fixed, and bitcoin will start being used as currency + store of value, by the largest players on earth in 2 years time. I believe the end game is universally accepted digital money used world wide without any expectations, i believe the world's economic health will be measured in how many satoshis a big mac cost. i blieve we'll get there really fast, as the need for such a solution will increase exponentially as economies fail one by one.
October 02, 2015, 01:41:27 PM
Still going sideways I see. 2015 is definitely reminding me of 2012.
Actually, that could signify fairly decent possibilities of two bubbles in the 2016 - 2017 time-frame, no?
Maybe bubble 1 would go 10 to 12x from the mid $200s price arena (that's $2,500 to $3,000), and maybe bubble 2 (after BTC crashes down to $1,500-ish would go 9 to 11x from that mid $1,500s price arena (that's $13,500 to $16,500)?
Call me a bear, or a pessimist, because the above projections do NOT quite make it to Adam's $32k prediction.
What are the odds of something like the above happening? 5% or greater? It's certainly NOT in the realm of the impossible.
i don't think we'll see an exact repeat of the past.
What i see happening is bitcoin becoming increasingly useful and the price rising based on that fact rather than speculation, and then exploding to 32,000 after leaching some of gold's speculative/safe haven value.
so this time next year we'll see a solid rise to ~2,000$ and sustain that value, will take millions bought or sold to move price up or down, we'll see counrty A making a deal with country B using BTC, OIL for BTC or something, then Billions of grams of gold will start buying bitcoin KABOOM 32,000$ maybe 320,000$
I think the next rise or "bubble" will be like nothing we've seen before because this time it will be different, this time it we wont be speculating bitcoin is the future of money, we'll be pricing that fact in.
we may see a bit of a dip on the second run up as bitcoin mining / full nodes become more institutionalized people will be crying out "bitcoin is being centralized by big corporation! this is the end bla bla bla " but infact this is the natural evolution of the tech, early adopters will not like the idea that bitcoin has grown so big that individual nodes / miners are ran by countries and large institutions, and so they will leave to join dogecoin or some shit that will never grow past the "home users form consensus" model. this will all happen so fast, in 2-3years time, there will be much confusion, its important to remember that bigger is better! and bitcoin isn't "centralized" simply because it requires a large amount of capital ( 3000$ computer + high end internet connection ) to participate in its consensus layer.
the big question is how will have more power, China or US.
Have you seen gold? It is shiny and beautiful!
Have you seen btc? ________________
October 02, 2015, 01:36:40 PM
Still going sideways I see. 2015 is definitely reminding me of 2012.
Actually, that could signify fairly decent possibilities of two bubbles in the 2016 - 2017 time-frame, no?
Maybe bubble 1 would go 10 to 12x from the mid $200s price arena (that's $2,500 to $3,000), and maybe bubble 2 (after BTC crashes down to $1,500-ish would go 9 to 11x from that mid $1,500s price arena (that's $13,500 to $16,500)?
Call me a bear, or a pessimist, because the above projections do NOT quite make it to Adam's $32k prediction.
What are the odds of something like the above happening? 5% or greater? It's certainly NOT in the realm of the impossible.
i don't think we'll see an exact repeat of the past.
What i see happening is bitcoin becoming increasingly useful and the price rising based on that fact rather than speculation, and then exploding to 32,000 after leaching some of gold's speculative/safe haven value.
so this time next year we'll see a solid rise to ~2,000$ and sustain that value, will take millions bought or sold to move price up or down, we'll see counrty A making a deal with country B using BTC, OIL for BTC or something, then Billions of grams of gold will start buying bitcoin KABOOM 32,000$ maybe 320,000$
I think the next rise or "bubble" will be like nothing we've seen before because this time it will be different, this time it we wont be speculating bitcoin is the future of money, we'll be pricing that fact in.
we may see a bit of a dip on the second run up as bitcoin mining / full nodes become more institutionalized people will be crying out "bitcoin is being centralized by big corporation! this is the end bla bla bla " but infact this is the natural evolution of the tech, early adopters will not like the idea that bitcoin has grown so big that individual nodes / miners are ran by countries and large institutions, and so they will leave to join dogecoin or some shit that will never grow past the "home users form consensus" model. this will all happen so fast, in 2-3years time, there will be much confusion, its important to remember that bigger is better! and bitcoin isn't "centralized" simply because it requires a large amount of capital ( 3000$ computer + high end internet connection ) to participate in its consensus layer
To me it seems that we may be differing over semantics, because it seems that you and I are saying a lot of the same thing based on two bubbles... (even though maybe within differing timelines).
When I read your description of a world without speculators, I am thinking that NO matter what, we are NOT going to be able to cannot get rid of speculators, even if we were to agree to call the dynamic something else that the fundamentals become more profound and convincing for the public at large.
To me, you seem to be suggesting that the rise in BTC prices to be much more likely than I am making such a rise out to be, and you are giving a greater upwardly explosive impact to the occurrence.
I am in agreement that your projection seems to be quite fairly within the realm of possibilities but I would give your scenario a little less likelihood of occurring than some variation of my scenario.. merely because my numbers are a bit smaller than your that would account for some of the various resistances and/or obstacles that may be known or NOT known at the present and are likely to occur along the way to becoming gentlemen, sir.
October 02, 2015, 01:20:46 PM
Still going sideways I see. 2015 is definitely reminding me of 2012.
Actually, that could signify fairly decent possibilities of two bubbles in the 2016 - 2017 time-frame, no?
Maybe bubble 1 would go 10 to 12x from the mid $200s price arena (that's $2,500 to $3,000), and maybe bubble 2 (after BTC crashes down to $1,500-ish would go 9 to 11x from that mid $1,500s price arena (that's $13,500 to $16,500)?
Call me a bear, or a pessimist, because the above projections do NOT quite make it to Adam's $32k prediction.
What are the odds of something like the above happening? 5% or greater? It's certainly NOT in the realm of the impossible.
i don't think we'll see an exact repeat of the past.
What i see happening is bitcoin becoming increasingly useful and the price rising based on that fact rather than speculation, and then exploding to 32,000 after leaching some of gold's speculative/safe haven value.
so this time next year we'll see a solid rise to ~2,000$ and sustain that value, will take millions bought or sold to move price up or down, we'll see counrty A making a deal with country B using BTC, OIL for BTC or something, then Billions of grams of gold will start buying bitcoin KABOOM 32,000$ maybe 320,000$
I think the next rise or "bubble" will be like nothing we've seen before because this time it will be different, this time it we wont be speculating bitcoin is the future of money, we'll be pricing that fact in.
we may see a bit of a dip on the second run up as bitcoin mining / full nodes become more institutionalized people will be crying out "bitcoin is being centralized by big corporation! this is the end bla bla bla " but infact this is the natural evolution of the tech, early adopters will not like the idea that bitcoin has grown so big that individual nodes / miners are ran by countries and large institutions, and so they will leave to join dogecoin or some shit that will never grow past the "home users form consensus" model. this will all happen so fast, in 2-3years time, there will be much confusion, its important to remember that bigger is better! and bitcoin isn't "centralized" simply because it requires a large amount of capital ( 3000$ computer + high end internet connection ) to participate in its consensus layer.
the big question is how will have more power, China or US.
October 02, 2015, 01:02:44 PM
October 02, 2015, 12:51:21 PM
Still going sideways I see. 2015 is definitely reminding me of 2012.
Actually, that could signify fairly decent possibilities of two bubbles in the 2016 - 2017 time-frame, no?
Maybe bubble 1 would go 10 to 12x from the mid $200s price arena (that's $2,500 to $3,000), and maybe bubble 2 (after BTC crashes down to $1,500-ish would go 9 to 11x from that mid $1,500s price arena (that's $13,500 to $16,500)?
Call me a bear, or a pessimist, because the above projections do NOT quite make it to Adam's $32k prediction.
What are the odds of something like the above happening? 5% or greater? It's certainly NOT in the realm of the impossible.
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