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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 23094. (Read 26609332 times)

legendary
Activity: 1232
Merit: 1011
It would awesome if the wall from 220-224 moved up a bit


they will move once we start to eat them.

with love,

bears

Bears have been avoiding that wall for a while


yes, because it is our wall obviously.
hero member
Activity: 504
Merit: 500
1NtkLdA98eGnsn8nEKpBGRd2VYGNBkGzd6
It would awesome if the wall from 220-224 moved up a bit

why should he move it up? it well get sold anyway and we will see sub 200 very fast..
legendary
Activity: 1246
Merit: 1000
103 days, 21 hours and 10 minutes.
It would awesome if the wall from 220-224 moved up a bit


they will move once we start to eat them.

with love,

bears

Bears have been avoiding that wall for a while
legendary
Activity: 1512
Merit: 1005
1) Holders: I want to sell! I want to sell! I want to sell! Just waiting for the bids to curl up just under the current price.  After a sell, next holder: Fuck, now it takes ages before the bids build up again. Can't wait any longer, selling too!

2) Non holders: I want to buy, but will someone immediately dump? Have to wait until it quiets down. Maybe now? Dipping my toe in, buying just a small amount. And another buyer, and another one, and another one. Oh fuck, someone sold a small amount! Back to 1)
legendary
Activity: 1232
Merit: 1011
It would awesome if the wall from 220-224 moved up a bit


they will move once we start to eat them.

with love,

bears
legendary
Activity: 1526
Merit: 1012
sr. member
Activity: 378
Merit: 254
...
It is not compatible. I don't give a shit about that article, or the concept of velocity of money. I have written about that numerous times. Although it can be computed, giving a number, the parameter says exactly nothing of the value of money.

>says exactly nothing of the value of money

To you.  You're just not very knowledgeable about money stuff is all.  That's OK tho, you might be good at sports.
legendary
Activity: 1246
Merit: 1000
103 days, 21 hours and 10 minutes.
It would awesome if the wall from 220-224 moved up a bit
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 1281
Merit: 1046
I'm having a really hard time shorting this garbage because BitStampede stopped auto-updating the buy/sell order lists. I have to refresh the page if i want to see the newly added ones. (happens in both chrome and firefox). Someone please tell Nijec Cedric to stop fapping and get down to this rigged business asap.
legendary
Activity: 1512
Merit: 1005
Noob question. Is there a way for one to somehow value this instrument for market vs intrinsic value.. Any ratio performance driver?Or something similar in a way to 3 financial statement forecasting model for equities or is TA the only way to ride?

Absolutely not. There is no intrinsic value at all, that is, no use value, or, you can not consume a bitcoin leading to its destruction, and at the same time gain something useful. *)

Said otherwise, bitcoin has only money value, and in this regard it is the same as paper money.

It is at the same time pure money, and sound money. This has never existed before in history.

The money value is by definition speculative, all actors at all times have to decide for themselves what value (real world, use value) it is possible to exchange the bitcoins for in the future, far or near.

*) I know, you can prove that you have destroyed bitcoins to prove something...

And how do you think that would be compatible with:

http://en.wikipedia.org/wiki/Velocity_of_money

If the network proper is used to transfer a certain total value (measured in USD) over a certain time span, then given the money supply (total bitcoins in circulation, in this case) that transaction usage will provide a lower bound for the USD valuation per coin (assuming transactions are not instantaneous - which they aren't, even if the pure protocol part of it almost is, but there's slow humans involved as well Cheesy)

I'd call that a pretty good candidate for "fundamental" valuation (even if the exact value of it is up for debate)

It is not compatible. I don't give a shit about that article, or the concept of velocity of money. I have written about that numerous times. Although it can be computed, giving a number, the parameter says exactly nothing of the value of money.

hero member
Activity: 545
Merit: 500
OKCoin down? Bitcoinwisdom?

It was down for more than an hour and the second it got back dumping started. Will be interesting to watch..
legendary
Activity: 1020
Merit: 1027
OKCoin down? Bitcoinwisdom?
legendary
Activity: 1792
Merit: 1047
Some one is buying LTC with BTC...

Pro Tip buy and sell slowly as the "bots" will bring it LTC/BTC back to manageable targets.




1:22pm EST 2015/1/31

legendary
Activity: 1470
Merit: 1007
Noob question. Is there a way for one to somehow value this instrument for market vs intrinsic value.. Any ratio performance driver?Or something similar in a way to 3 financial statement forecasting model for equities or is TA the only way to ride?

Absolutely not. There is no intrinsic value at all, that is, no use value, or, you can not consume a bitcoin leading to its destruction, and at the same time gain something useful. *)

Said otherwise, bitcoin has only money value, and in this regard it is the same as paper money.

It is at the same time pure money, and sound money. This has never existed before in history.

The money value is by definition speculative, all actors at all times have to decide for themselves what value (real world, use value) it is possible to exchange the bitcoins for in the future, far or near.

*) I know, you can prove that you have destroyed bitcoins to prove something...

And how do you think that would be compatible with:

http://en.wikipedia.org/wiki/Velocity_of_money

If the network proper is used to transfer a certain total value (measured in USD) over a certain time span, then given the money supply (total bitcoins in circulation, in this case) that transaction usage will provide a lower bound for the USD valuation per coin (assuming transactions are not instantaneous - which they aren't, even if the pure protocol part of it almost is, but there's slow humans involved as well Cheesy)

I'd call that a pretty good candidate for "fundamental" valuation (even if the exact value of it is up for debate)
full member
Activity: 156
Merit: 100
What 2015 will bring us.
legendary
Activity: 1232
Merit: 1011
it will fall like a rock.


Better wake up the sellers then.


smart sellers are already awake.

I feel sorry for all the bulls buying above 230.

and who cares about ltc? I sold that trash at 0.03.
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 1792
Merit: 1047
Everything is going according to plan...




Quote
Although we had some minor Deviation from the core model.
Sure Smiley Shrug off and ignore reality to suit your argument. Works every time... Or does it.

That period was the adoption / adaption of new tech from GPU to FPGA and halfing of reward and then ASIC and next halfing? I wonder if pumping trash coins in hopes of exchanging them for BTC and margin trading with cooked up BTC on "questionalble" exchange practices has anything to do with this drop?
legendary
Activity: 1281
Merit: 1046
Everything is going according to plan...

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