fnittfnatt
btcwisdom is working fine here.
client side error?
i don't think you'd want to watch anyway
Turns out lambie can't use computers, no wonder he's so envious of bitcoiners.
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 23017. (Read 26634246 times)
February 05, 2015, 08:46:39 PM
btcwisdom is working fine here.
client side error?
i don't think you'd want to watch anyway
Turns out lambie can't use computers, no wonder he's so envious of bitcoiners.
February 05, 2015, 08:46:13 PM
Off to bed as we look like we retake the 220's.. maybe 
February 05, 2015, 08:27:43 PM
that's it : bitcoin is now a stable currency
lololol
lololol
February 05, 2015, 08:24:43 PM
Walls retreating :p
February 05, 2015, 08:24:01 PM
Bears getting smashed.
February 05, 2015, 08:19:01 PM
Hey guys, fix your Bitcoin, it's broken again 
ty
ty
btcwisdom is working fine here.
client side error?
i don't think you'd want to watch anyway
February 05, 2015, 08:17:59 PM
^
Oh, another one that thinks that the population of Greece will adopt bitcoin. Haha!
Oh, another one that thinks that the population of Greece will adopt bitcoin. Haha!
Actually I think the majority of Greeks will be pimping out their daughters for cans of Spam, but a few will make out like bandits just like the Rooskies who bought up all those formerly state-owned businesses when shares were trading for pennies and then later became oligarchs.
Greece's new finmin is a socialist moron. I have zero hope the new Greek government will be anything but hostile to crypto. The beauty is it doesn't matter in the slightest. The laws of economics cannot be repealed by legislative fiat.
https://www.youtube.com/watch?v=iVxaTC7Qp44
I think he isn't so stupid..
Then you're stupid. He's claiming Greece has a solvency problem rather than a liquidity problem. No shit. A first year accounting student at a junior college could tell you that. But a doctor has to do more than just diagnose and his proposed prescription is poison.
Anyhew, at the end of the video he makes a comment that is relevant for anyone who feels the need to defend Bitcoin vs fiat:
https://www.youtube.com/watch?feature=player_detailpage&v=iVxaTC7Qp44#t=5578
I hope the timestamp works, if not it's at 1:32:58.
February 05, 2015, 08:13:34 PM
Hey guys, fix your Bitcoin, it's broken again
ty
ty
February 05, 2015, 08:11:46 PM
INCA you are nothing else than a bull scammer. An honest upright bull would prefer to see a sustainable growth.
But bull scammers like you are just waiting for a quick pump and dump short squeeze to unload their bags to the next bigger fool.
I am dissapointed.
Bitcoin would be better off without scammers like you.
But bull scammers like you are just waiting for a quick pump and dump short squeeze to unload their bags to the next bigger fool.
I am dissapointed.
Bitcoin would be better off without scammers like you.
Says probably the 2nd biggest troll on the site..
Finex:
Shorts 20,464
Longs 14.9m USD
Keep trying bears
Keep trying inca
Finex Shorts: 4.46 m USD (or 20464 BTC)
Longs: 14.9 m USD (or 68348 BTC)
Would you please stop trying to scam people into the BTC trap with your flawed math interpretations? THX
February 05, 2015, 08:06:13 PM
anyone else notice that the recent bottom in price, 'so-called market cap (value of total coins issued) was also a test of the market cap at old ATH $266 price ~$2.5 bill.?
Seems like that will have made a very solid bottom (I'm calling it a top for the current crop of fiat currencies).
Seems like that will have made a very solid bottom (I'm calling it a top for the current crop of fiat currencies).
So, as more coins are mined, we can keep hitting lower lows without reaching a lower 'market cap' ... interesting, never thought about it like that before
It's an interesting observation, but aren't bottoms about the psychology of the players, i.e. that they missed their opportunity for accumulation at level x.
February 05, 2015, 07:59:59 PM
February 05, 2015, 07:57:47 PM
INCA you are nothing else than a bull scammer. An honest upright bull would prefer to see a sustainable growth.
But bull scammers like you are just waiting for a quick pump and dump short squeeze to unload their bags to the next bigger fool.
I am dissapointed.
Bitcoin would be better off without scammers like you.
But bull scammers like you are just waiting for a quick pump and dump short squeeze to unload their bags to the next bigger fool.
I am dissapointed.
Bitcoin would be better off without scammers like you.
Says probably the 2nd biggest troll on the site..
Finex:
Shorts 20,464
Longs 14.9m USD
Keep trying bears
February 05, 2015, 07:49:45 PM
February 05, 2015, 07:44:57 PM
Looks like Bears are struggling to protect 220
only a matter of time till it gets torn down
only a matter of time till it gets torn down
February 05, 2015, 07:43:10 PM
anyone else notice that the recent bottom in price, 'so-called market cap (value of total coins issued) was also a test of the market cap at old ATH $266 price ~$2.5 bill.?
Seems like that will have made a very solid bottom (I'm calling it a top for the current crop of fiat currencies).
Seems like that will have made a very solid bottom (I'm calling it a top for the current crop of fiat currencies).
So, as more coins are mined, we can keep hitting lower lows without reaching a lower 'market cap' ... interesting, never thought about it like that before
Well it is more in line with a volatility of market cap of a start-up before IPO, but this particular start-up, bitcoin, is continually issuing stock and diluting the existing stock. Dilution of shares also happens with many companies but usually in blocks of issuance due to capital raising events, etc. Sometimes the market cap is affected but not dramatically.
It looks like we may have successfully tested the old ATH market cap and now it starts going back up. Using price as your only metric can be dangerous because price has so many emotional attachments due to human perceptions, particularly day traders, short term positions. Large scale trends need to renormalise out price to other more reliable metrics to be able see underlying factors driving network growth, adoption and value usage.
February 05, 2015, 07:38:10 PM
anyone else notice that the recent bottom in price, 'so-called market cap (value of total coins issued) was also a test of the market cap at old ATH $266 price ~$2.5 bill.?
Seems like that will have made a very solid bottom (I'm calling it a top for the current crop of fiat currencies).
Seems like that will have made a very solid bottom (I'm calling it a top for the current crop of fiat currencies).
Yes.
Edit: Do you have access to any marketcap based charts or raw data?
Bitcoin market cap in tradingview: https://www.tradingview.com/e/?symbol=QUANDL:BCHAIN/MKTCP&style=2&interval=D#
February 05, 2015, 07:18:18 PM
I'm extremely happy with the current situation because I'm beginning to realize we probably bottomed out recently. This could prove to be a rally good year for every bitcoin supporter. The dumpers are getting lonely.
February 05, 2015, 07:04:54 PM
Let's see you trading record fonzie..
Holding my breath..
Holding my breath..
Nice +1
February 05, 2015, 07:04:24 PM
anyone else notice that the recent bottom in price, 'so-called market cap (value of total coins issued) was also a test of the market cap at old ATH $266 price ~$2.5 bill.?
Seems like that will have made a very solid bottom (I'm calling it a top for the current crop of fiat currencies).
Seems like that will have made a very solid bottom (I'm calling it a top for the current crop of fiat currencies).
That must be it, we didn't retest the old ATH price but the old ATH marketcap, why can't i see it before ? Why can't i see obvious signs everywhere ?
lol
February 05, 2015, 07:03:03 PM
The dump3er guy tells you: Sub 100 is coming. When? Soon...
Was the dump3er wrong before, when he said "This shit is crashing hard"?! No!
Was the the dump3er wrong when he said "Buy this bull trap now and sell it to inca on the top"? No!
If you are not listening to the dump3er you will be a dead astronaut!
Surrender, you maggots! Bow before the dump3er!
Was the dump3er wrong before, when he said "This shit is crashing hard"?! No!
Was the the dump3er wrong when he said "Buy this bull trap now and sell it to inca on the top"? No!
If you are not listening to the dump3er you will be a dead astronaut!
Surrender, you maggots! Bow before the dump3er!
Bitcoin production costs is above $100. So forget sub $100 bitcoins.
Wrong.
for people with free hardware no overhead and "free" electricty its close to zero.But that is no indicator of its value. It can become $1000 in less then 6 months to make 1 BTC if more hardware hits the network.
I agree that mining costs are no indicator of value, but there is a stronger correlation than you are suggesting. People with free HW and free electricity do not have a significant share of the hashrate. If the price moves to $150-$100 territory a lot of miners will have to abort,and those who are left will be the ones with lower cost. For costs to increase tenfold in 6 months then you're mining with outdated HW. And then there is someone else mining at $100. There is no way the bitcoin mining industry is going to grow tenfold in 6 months with current gen HW or equivalent with next gen. That HW needs to come from somewhere, and it needs to be housed, and you'll need to find 4-6 Gigawatts of surplus energy. The mining business has entered the big league. The sharp rises will come from next gen HW hitting the network. Bitcoin is risky, so tying up massive amounts of physical infrastructure to an investment you might need to bail out on a couple of months later is not for the faint hearted. And that is for unknown risks, how will the industry adjust when rewards halves next year?
But if that is the case, that means that even if Bitcoin rises to the promised land of $3000+, miners will still be getting them at below $500 for months.
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