Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 22475.

Fatman3001

legendary

Activity: 1554

Merit: 1014

Make Bitcoin glow with ENIAC

Quote from: podyx on March 12, 2015, 02:13:33 PM

I think we could see sideways going down slowly to about $270 before we contionue up

We could still stay in the 290 range for a couple of days without any drama. The buying pressure is strong. The walls are dwindling. We just need to linger a bit before we float up.

dreamspark

hero member

Activity: 798

Merit: 1000

This is not the time to be bearish with BTC this is the time to hodl your BTC and come and be bearish on the EURO with your BTC on 1broker Grin

https://1broker.com/m/r.php?i=2961

podyx

legendary

Activity: 2338

Merit: 1035

I think we could see sideways going down slowly to about $270 before we continue up

calme

sr. member

Activity: 392

Merit: 250

Quote from: SkyValeey on March 12, 2015, 02:04:03 PM

Bear time soon.

Hahaha. There is no sound sweeter than that of a lie.

SkyValeey

hero member

Activity: 560

Merit: 500

Bear time soon.

aztecminer

legendary

Activity: 1092

Merit: 1000

Quote from: damiano on March 12, 2015, 01:48:21 PM

Quote from: uhoh on March 12, 2015, 01:06:09 PM

$300 tonight, let's hope we stay above this time

If we slay that bear whale

ruh roh ... did u hear that everybody ?? there is a bear whale. everyone stay calm... we will get billyjoe to get the 'four punch raiders' to take him out with a quick and powerful 'chinese panic' flash dumps and right when he thinks is great moment hit him with the short squeeze. got it everyone ?? ok break. on 10. go.

Christ0ph

member

Activity: 64

Merit: 10

Quote from: Lauda on March 12, 2015, 01:54:09 PM

I wonder how many times the words 'bear' and 'whale' have been used in this thread?

My guess is 4x bear and 2x whale.

empowering

legendary

Activity: 1078

Merit: 1441

And woe is us! We're in a lot of trouble!!

Quote from: empowering on March 12, 2015, 01:11:09 PM

Oh my fucking god, I just found out Terry Pratchett died..

Fuck this day.

Angry

Quote from: Cassius on March 12, 2015, 01:30:22 PM

Quote from: lightfoot on March 12, 2015, 01:43:58 PM

Drat. I really liked him a lot.

SAD DAY : (

ChartBuddy

legendary

Activity: 2380

Merit: 1823

1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ

Coin

Explanation

damiano

legendary

Activity: 1246

Merit: 1000

103 days, 21 hours and 10 minutes.

Actually were going down. I just ordered 2500 from circle and usually when I buy the price tanks

Sorry guys it's my fault

Lauda

legendary

Activity: 2674

Merit: 3000

Terminated.

I wonder how many times the words 'bear' and 'whale' have been used in this thread?
February reminds me of October 2013, and then in November it just went crazy. I'm not saying that it will happen, nor that it should, but positive gains are always welcome.

infofront

legendary

Activity: 2660

Merit: 2868

Shitcoin Minimalist

Quote from: SkyValeey on March 12, 2015, 01:48:17 PM

I think we're going UP but correction is very good now (to 260-280, max to 240).

For chart is always better to go with corrections than in no-correction crazy pump mode (look at January).

I agree. I think we'll see low 280s by the end of next week.

damiano

legendary

Activity: 1246

Merit: 1000

103 days, 21 hours and 10 minutes.

Quote from: uhoh on March 12, 2015, 01:06:09 PM

$300 tonight, let's hope we stay above this time

If we slay that bear whale

SkyValeey

hero member

Activity: 560

Merit: 500

I think we're going UP but correction is very good now (to 260-280, max to 240).

For chart is always better to go with corrections than in no-correction crazy pump mode (look at January).

Grafzep

member

Activity: 91

Merit: 10

Quote from: sAt0sHiFanClub on March 12, 2015, 01:34:11 PM

Quote from: empowering on March 12, 2015, 11:07:20 AM

Of course he is right. it is akin to share dilution

What would the difference be between

21 million coins at $1 dollar each

and 42 million coins at 50 cents each?

No. That would be a precision change (which is also allowed)

Bust my balls all you like. I like robust debate, it makes it worthwhile. As long as its done intelligently.

And dont worry, I see your point. But it dont change the fact that Bitcoin has a built in price relief valve that a lot of people seem very afraid to mention.

Just sayin'

Hey, newbie troll, enough already. Go start your own thread for this bollocks.

lightfoot

legendary

Activity: 3164

Merit: 2258

I fix broken miners. And make holes in teeth :-)

Quote from: empowering on March 12, 2015, 01:11:09 PM

Oh my fucking god, I just found out Terry Pratchett died..

Fuck this day.

Angry

Drat. I really liked him a lot.

xyzzy099

legendary

Activity: 1066

Merit: 1098

Quote from: sAt0sHiFanClub on March 12, 2015, 01:22:29 PM

Quote from: xyzzy099 on March 12, 2015, 10:34:06 AM

Quote from: sAt0sHiFanClub on March 12, 2015, 10:23:40 AM

Again, my original point was that the future value of bitcoin is being predicated to a large extent on the 21m cap, a belief based on faith more than reality.

I think it's predicated mostly on the belief that the majority of people (miners in this case) will act rationally. I would say that most miners consider the 21M coin cap to be a defining characteristic of Bitcoin, and probably the most important characteristic that gives the coin value. If you accept that premise, then it is logical to assume that miners will not act irrationally by destroying the value that is their whole incentive for mining in the first place.

Good point, well made.

But raising the cap would be an indirect consequence of adjusting the halving frequency, so by increasing the cap, you would be extending the [higher] reward period for miners

Since we havent reached the point where tx fees outweigh coin reward, do you think that might become an incentive for miners to increase the cap? (bear in mind that it would be a slow process, with no immediate dump of coins on the market.)

I think miners understand that any such change would destroy the faith that users have in the coin, as the known-in-advance maximum supply is a critical component of the valuation. I can't imagine a scenario where increasing the limit would actually be a win for the miners.

D05GTO

sr. member

Activity: 406

Merit: 250

Quote from: hdbuck on March 12, 2015, 01:31:24 PM

Quote from: SkyValeey on March 12, 2015, 01:29:46 PM

http://navigatethestockmarket.blogspot.com/2012/11/chart-patterns-predict-stock-market.html

dead cat bounce! ^^

That's valid maybe if we were in a downtrend.. but what about uptrends? Oh yeah, usually breakouts to the upside.

sAt0sHiFanClub

hero member

Activity: 546

Merit: 500

Warning: Confrmed Gavinista

Quote from: empowering on March 12, 2015, 11:07:20 AM

Of course he is right. it is akin to share dilution

What would the difference be between

21 million coins at $1 dollar each

and 42 million coins at 50 cents each?

No. That would be a precision change (which is also allowed)

Bust my balls all you like. I like robust debate, it makes it worthwhile. As long as its done intelligently.

And dont worry, I see your point. But it dont change the fact that Bitcoin has a built in price relief valve that a lot of people seem very afraid to mention.

Just sayin'

hdbuck

legendary

Activity: 1260

Merit: 1002

Quote from: SkyValeey on March 12, 2015, 01:29:46 PM

http://navigatethestockmarket.blogspot.com/2012/11/chart-patterns-predict-stock-market.html

dead cat bounce! ^^

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 22475. (Read 26608650 times)