Coin
Explanation
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 20738. (Read 26609713 times)
October 01, 2015, 04:02:32 AM
October 01, 2015, 03:15:10 AM
Imagine that coil winding up for several more months.
Halving, ETF, OpenBazaar, no more auctions...
plus my announcement
what a site to behold
October 01, 2015, 03:02:29 AM
October 01, 2015, 02:59:37 AM
400 by end of october 
Lets hope so but I don't see that happen. Maybe a short rally to the 250-260. Just let it raise slow and steady.
If we break 260 it will go ballistic. Major resistance is basically where we're hovering right now.
October 01, 2015, 02:49:28 AM
400 by end of october
Lets hope so but I don't see that happen. Maybe a short rally to the 250-260. Just let it raise slow and steady.
If we break 260 it will go ballistic. Major resistance is basically where we're hovering right now.
October 01, 2015, 02:43:52 AM
paul2000 has got some nice hopium for us:
= moon in november ?!
= moon in november ?!
October 01, 2015, 02:28:15 AM
paul2000 has got some nice hopium for us:
= moon in november ?!
= moon in november ?!
October 01, 2015, 02:02:38 AM
October 01, 2015, 01:51:50 AM
400 by end of october
Lets hope so but I don't see that happen. Maybe a short rally to the 250-260. Just let it raise slow and steady.
If we break 260 it will go ballistic. Major resistance is basically where we're hovering right now.
October 01, 2015, 01:48:40 AM
400 by end of october
Lets hope so but I don't see that happen. Maybe a short rally to the 250-260. Just let it raise slow and steady.
October 01, 2015, 01:11:44 AM
Bitcoin has a market cap of 3-4 billion usd atm. When it's 300-400 billion usd everything is going to be controversial. Everything is going to be difficult.
It don't have a hope in hell of reaching that level unless the dead wood is cleared out and cast iron solutions are in place. Speculation can only take you so far. Beyond that you gotta prove you can deliver.
Surely we saw that around $15 billion two years ago did NOT hold up for very long; however, it seems with all fo the building in the meantime (the past two years) that $30to$50 billion should be a fairly decent short term and realistic marker... thereafter $150 billion should be the next intermediary marker with $300 to $400 billion coming soon thereafter.
Even though we could reach $300 Billion in some short term rush, it would likely NOT be very sustainable... within the next 5 years - however, beyond 5 years, that kind of $300 billion plus market cap should be fairly easily sustainable and beyond, no?
Here would be something difficult to explain..... Let's say over the next 20 years Bitcoin never fluctuates more than 10% in a given year up or down but grows at a rate of 8% a year.... becoming the most predictable asset you can possibly buy. How would anyone ever explain it, maybe there is something inherently stable about Bitcoin and an asset like this that nobody has ever really contemplated before. Maybe it just took BTC stabilizing around 3 billion to discover this odd inexplicable stability.....
I am NOT sure if I am contradicting myself, but I really don't think so... surely anything is possible, but BTC would have to be quite a bit higher than $3 billion market cap in order to stabilize... I know that in my earlier post, I was kind of arguing against reaching a $300 to $400 billion market cap, but really that kind of market cap would be much more stable in terms of potentially finding some kind of steady growth in a kind of possible 8% territory that you suggest....
Really, your suggestion seems to be somewhat pie in the sky for such a new asset like bitcoin in which we have new adopters, awareness and speculation that cannot really be controlled and these kinds of matters become really difficult to control when the price starts going up, then it gets out of control because people begin to recognize at the same time that there is scarcity... In other words, it seems almost built into the design that it will remain very difficult to harness and contain growth spurts - unless there is going to evolve some kind of counterbalancing mechanism, such as various status quo institutions continuously attempting to manipulate BTC prices downward (and losing money), but causing BTC prices to be contained within some "acceptable" bounds - but even it seems that large institutions are going to likely have difficulties to contain when there remains a large amount of BTC dynamics that are decentralized and beyond individual players (and even governments) to keep under wraps, no?
October 01, 2015, 01:02:25 AM
October 01, 2015, 12:58:29 AM
Remember when there were taxi ads for that pesky "Internet" thingie in the 90s?
Me neither.
Notice that it is Bitmain doing the advertising.
Anyways I'd rather see taxi cab ads as opposed to receiving those pesky AOL floppy disks and CDs in the mail.
Maybe we will will receive BTC wallets in the mail with .00001 BTC to get started?
October 01, 2015, 12:55:36 AM
That finex wall is epic. I'm observing.
I predict either the most boring week-end ever, pricewise or a decent run up to 250.No way we're going down (for real).
I thought that there was always a bit of downward pressure on the weekends, due to easiness to move BTC and then to test dumping BTC and if many think that there is a weekend dump pattern, then others may also attempt such dumping, in spite of such downward resistance technicals, no?
October 01, 2015, 12:02:47 AM
October 01, 2015, 12:02:00 AM
Bitcoin has a market cap of 3-4 billion usd atm. When it's 300-400 billion usd everything is going to be controversial. Everything is going to be difficult.
It don't have a hope in hell of reaching that level unless the dead wood is cleared out and cast iron solutions are in place. Speculation can only take you so far. Beyond that you gotta prove you can deliver.
Surely we saw that around $15 billion two years ago did NOT hold up for very long; however, it seems with all fo the building in the meantime (the past two years) that $30to$50 billion should be a fairly decent short term and realistic marker... thereafter $150 billion should be the next intermediary marker with $300 to $400 billion coming soon thereafter.
Even though we could reach $300 Billion in some short term rush, it would likely NOT be very sustainable... within the next 5 years - however, beyond 5 years, that kind of $300 billion plus market cap should be fairly easily sustainable and beyond, no?
Here would be something difficult to explain..... Let's say over the next 20 years Bitcoin never fluctuates more than 10% in a given year up or down but grows at a rate of 8% a year.... becoming the most predictable asset you can possibly buy. How would anyone ever explain it, maybe there is something inherently stable about Bitcoin and an asset like this that nobody has ever really contemplated before. Maybe it just took BTC stabilizing around 3 billion to discover this odd inexplicable stability.....
September 30, 2015, 11:15:56 PM
My transaction was not included in the last 2 blocks which were 912.39 KB and 976.54 KB big. The larger one was only 12 minutes long.
I used the recommended fee size.
Yeah the 1MB blocksize is just fine
I used the recommended fee size.
Yeah the 1MB blocksize is just fine
Us nerds think this is some kind of "Duel of The Fates", but really it's a disagreement between the old guardian of Bitcoin , who's used to get things done, and the brilliant people he brought in to replace him, who's used to pulverize responsibility by dragging processes out until there's consensus. Or not do anything and pretend it's everyone else's fault. I'd love consensus on this thing, but it scares me that these guys would rather drag Bitcoin through the mud than make a decision. Bitcoin has a market cap of 3-4 billion usd atm. When it's 300-400 billion usd everything is going to be controversial. Everything is going to be difficult.
Keep in mind, for a smalll block proponent, no changes to blocksize are desirable. From that perspective, the status quo is fine and the standard fee will simply need to increase. If it's uneconomical for you to put your transactions on the blockchain, too bad.
yes, status quo is just fine and people will just go use Square Cash or write checks.
relegating bitcoin use to int'l money transfers and transactions with shady individuals (aka buying drugs online)
September 30, 2015, 11:10:35 PM
400 by end of october
September 30, 2015, 11:02:36 PM
September 30, 2015, 10:02:48 PM
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