Coin
Explanation
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 20746. (Read 26609497 times)
September 28, 2015, 04:02:33 PM
September 28, 2015, 03:55:40 PM
CHINA Explanation is that there are NOT trading fees, correct (or are the trading fees really low?)
With no trading fees you have lots of bots trying to squeeze out a couple of satoshis extra on every trade.
It's BotWars
But i would love to know how many actual Bitcoins are on Chinese hands and how many are involved to create these trading volumes.
September 28, 2015, 03:35:16 PM
CHINA Explanation is that there are NOT trading fees, correct (or are the trading fees really low?)
September 28, 2015, 03:31:23 PM
Guys i have a feeling that the next bubble will be fucking nuclear...don't know when it will come, doubt it will be now, but when the world is ready, holy fucking shit
exactly.
2 years of constantly building more and bigger fiat channels towards bitcoin will - in case of another run-up - have a huge impact. next one will reach 5 - 10k
My bet (why not be bullish, right?):
We slowly grow over the remainder of 2015 and early 2016 back to the $500 - $750 range. Between the spring and fall of 2016, we have a quadfecta of news that is positive for price: a 1MB+ block is included in the Blockchain, the halving is successful, the Winklevoss ETF launches, and there is a major currency crisis somewhere.
This precipitates the largest growth spurt in the history of Bitcoin. The growth spurt takes place in three bubble-phases over late 2016 and 2017 (and causes many people to bail prematurely), reaching a height of $40,000 before 2018 (and then crashing back below $10,000).
Yes, that does seem a bit bullish, and surely I would like that to be true, but I put the odds at less than 2% for some close variation of that scenario to play out. Oh, I surely would like to see it happen, and I think that it is a very plausible scenario.. but let's just say that I have my doubts (maybe I am being worn out and a bit jaded based on the past 22 months of downward BTC price pressures).
By the way, when you say bet, what kinds of odds are you putting on your scenario? greater than 50% chance, or are you just saying that the odds are somewhere greater than my less than 2% projection, for example?
September 28, 2015, 03:14:28 PM
OKCoin pumping up the volume. Now lets put that volume to good use and pump up the price.
September 28, 2015, 03:02:40 PM
September 28, 2015, 02:46:16 PM
If the people havent profit... forum havent people
haha. so true and well-said.
September 28, 2015, 02:21:25 PM
there are some rumor that china will do another devaluation http://www.nytimes.com/2015/09/24/business/dealbook/a-big-bet-that-chinas-currency-will-devalue-further.html?_r=0
this might explain the china's bitcoin buying action today, and i believe that btc price will rises further
this might explain the china's bitcoin buying action today, and i believe that btc price will rises further
There's no doubt about it. They won't be able to sustain their economy if they don't. They tried to withhold their economic prosperity while it was visible to everyone that the commodities where declining. No Sales -> No Production -> No need for commodities. Simple as that. Bitcoin role (no matter how we want it to happen) is one of the people's choice to maintain their funds. It's easily movable, they can use it almost everywhere in the world (I believe they can use the BTC credit cards in China as well) so why bother to keep their Juan?
It's China alright. But it could also be great companies that they know their funds belong no more to "safe havens" like The Cayman islands, since they too will have to declare "who's who" to the countries their depositors are keeping their money in their banks. Just imagine how easy will it be to tenfold with BTC if -for example- a company like Apple decides to move some of their $USD into BTC.
Not feasible? Think again. *Hint*
this is Gentleman !!!
i wonder if someone here still shorting btc today lol
September 28, 2015, 02:08:57 PM
there are some rumor that china will do another devaluation http://www.nytimes.com/2015/09/24/business/dealbook/a-big-bet-that-chinas-currency-will-devalue-further.html?_r=0
this might explain the china's bitcoin buying action today, and i believe that btc price will rises further
this might explain the china's bitcoin buying action today, and i believe that btc price will rises further
There's no doubt about it. They won't be able to sustain their economy if they don't. They tried to withhold their economic prosperity while it was visible to everyone that the commodities where declining. No Sales -> No Production -> No need for commodities. Simple as that. Bitcoin role (no matter how we want it to happen) is one of the people's choice to maintain their funds. It's easily movable, they can use it almost everywhere in the world (I believe they can use the BTC credit cards in China as well) so why bother to keep their Juan?
It's China alright. But it could also be great companies that they know their funds belong no more to "safe havens" like The Cayman islands, since they too will have to declare "who's who" to the countries their depositors are keeping their money in their banks. Just imagine how easy will it be to tenfold with BTC if -for example- a company like Apple decides to move some of their $USD into BTC.
Not feasible? Think again. *Hint*
September 28, 2015, 02:02:47 PM
September 28, 2015, 01:40:17 PM
CHINA 
September 28, 2015, 01:38:16 PM
Seven deadly sins
Seven ways to win
Seven holy paths to hell
And your trip begins
Seven downward slopes
Seven bloodied hopes
Seven are your burning fires
Seven your desires
Seven ways to win
Seven holy paths to hell
And your trip begins
Seven downward slopes
Seven bloodied hopes
Seven are your burning fires
Seven your desires
First time i've seen Maiden quoted on these boards.... it must mean something good!!!!!
was a nice memory.
especially when the sands of time are running low )
September 28, 2015, 01:05:56 PM
Guys i have a feeling that the next bubble will be fucking nuclear...don't know when it will come, doubt it will be now, but when the world is ready, holy fucking shit
exactly.
2 years of constantly building more and bigger fiat channels towards bitcoin will - in case of another run-up - have a huge impact. next one will reach 5 - 10k
My bet (why not be bullish, right?):
We slowly grow over the remainder of 2015 and early 2016 back to the $500 - $750 range. Between the spring and fall of 2016, we have a quadfecta of news that is positive for price: a 1MB+ block is included in the Blockchain, the halving is successful, the Winklevoss ETF launches, and there is a major currency crisis somewhere.
This precipitates the largest growth spurt in the history of Bitcoin. The growth spurt takes place in three bubble-phases over late 2016 and 2017 (and causes many people to bail prematurely), reaching a height of $40,000 before 2018 (and then crashing back below $10,000).
after carefully evaluating your post i came to the conclusion that your 40k beat my 10k.
you convinced me.
September 28, 2015, 01:03:07 PM
September 28, 2015, 12:52:43 PM
Guys i have a feeling that the next bubble will be fucking nuclear...don't know when it will come, doubt it will be now, but when the world is ready, holy fucking shit
exactly.
2 years of constantly building more and bigger fiat channels towards bitcoin will - in case of another run-up - have a huge impact. next one will reach 5 - 10k
My bet (why not be bullish, right?):
We slowly grow over the remainder of 2015 and early 2016 back to the $500 - $750 range. Between the spring and fall of 2016, we have a quadfecta of news that is positive for price: a 1MB+ block is included in the Blockchain, the halving is successful, the Winklevoss ETF launches, and there is a major currency crisis somewhere.
This precipitates the largest growth spurt in the history of Bitcoin. The growth spurt takes place in three bubble-phases over late 2016 and 2017 (and causes many people to bail prematurely), reaching a height of $40,000 before 2018 (and then crashing back below $10,000).
there are some rumor that china will do another devaluation http://www.nytimes.com/2015/09/24/business/dealbook/a-big-bet-that-chinas-currency-will-devalue-further.html?_r=0
this might explain the china's bitcoin buying action today, and i believe that btc price will rises further
September 28, 2015, 12:51:51 PM
Did you take a look at the second graph? The number of XT nodes is pretty stable since 11 September.
September 28, 2015, 12:27:41 PM
Guys i have a feeling that the next bubble will be fucking nuclear...don't know when it will come, doubt it will be now, but when the world is ready, holy fucking shit
exactly.
2 years of constantly building more and bigger fiat channels towards bitcoin will - in case of another run-up - have a huge impact. next one will reach 5 - 10k
My bet (why not be bullish, right?):
We slowly grow over the remainder of 2015 and early 2016 back to the $500 - $750 range. Between the spring and fall of 2016, we have a quadfecta of news that is positive for price: a 1MB+ block is included in the Blockchain, the halving is successful, the Winklevoss ETF launches, and there is a major currency crisis somewhere.
This precipitates the largest growth spurt in the history of Bitcoin. The growth spurt takes place in three bubble-phases over late 2016 and 2017 (and causes many people to bail prematurely), reaching a height of $40,000 before 2018 (and then crashing back below $10,000).
September 28, 2015, 12:16:16 PM
CIRCLE IS DISTANCING THEMSELVES FROM BITCOIN
https://www.cryptocoinsnews.com/circle-distancing-bitcoin/
soo Circle's new Business model: "You can enjoy the benefits of Bitcoin without ever holding or buying bitcoin yourself"
Its a marketing move and it isnt good for holders https://www.cryptocoinsnews.com/circle-distancing-bitcoin/
soo Circle's new Business model: "You can enjoy the benefits of Bitcoin without ever holding or buying bitcoin yourself"
September 28, 2015, 12:15:06 PM
XT nodes are less now
http://xtnodes.com/
http://xtnodes.com/
September 28, 2015, 12:02:47 PM
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