Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 23914.

LFC_Bitcoin

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Quote from: tarmi on December 26, 2014, 05:59:31 PM

Quote from: LFC_Bitcoin on December 26, 2014, 05:57:31 PM

Quote from: LOBSTER on December 26, 2014, 05:55:29 PM

Dat buywall, dat Christmas, dat Uptrend...BITCOIN

Dem cheap coins.

Buy people buy, before the train departs.

this train is going nowhere.

see you below 300.

thank you for closing your shorts.

People have been saying that for a while.
Not happening imo.

ChartBuddy

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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ

Explanation

tarmi

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Quote from: LFC_Bitcoin on December 26, 2014, 05:57:31 PM

Quote from: LOBSTER on December 26, 2014, 05:55:29 PM

Dat buywall, dat Christmas, dat Uptrend...BITCOIN

Dem cheap coins.

Buy people buy, before the train departs.

this train is going nowhere.

see you below 300.

thank you for closing your shorts.

finlon

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Activity: 252

Merit: 250

Quote from: LFC_Bitcoin on December 26, 2014, 05:57:31 PM

Quote from: LOBSTER on December 26, 2014, 05:55:29 PM

Dat buywall, dat Christmas, dat Uptrend...BITCOIN

Dem cheap coins.

Buy people buy, before the train departs.

Departs to which way? Tongue

LFC_Bitcoin

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Quote from: LOBSTER on December 26, 2014, 05:55:29 PM

Dat buywall, dat Christmas, dat Uptrend...BITCOIN

Dem cheap coins.

Buy people buy, before the train departs.

LOBSTER

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Dat buywall, dat Christmas, dat Uptrend...BITCOIN

criptix

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Quote from: inca on December 26, 2014, 05:34:12 PM

Quote from: spooderman on December 26, 2014, 05:31:46 PM

Quote from: LFC_Bitcoin on December 26, 2014, 05:18:43 PM

Good.

Fewer miners means fewer coins on the market which means higher prices.

This your first day?

Technically he is right, as fewer miners slightly delays the block reward, no?

well, short-term he's probaly right, but in the average it wont do anything

galdur

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Pretty strong trend. Where is it going ? Where will the bottom be ?

derpinheimer

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Quote from: inca on December 26, 2014, 05:34:12 PM

Quote from: spooderman on December 26, 2014, 05:31:46 PM

Quote from: LFC_Bitcoin on December 26, 2014, 05:18:43 PM

Good.

Fewer miners means fewer coins on the market which means higher prices.

This your first day?

Technically he is right, as fewer miners slightly delays the block reward, no?

Fewer miners wont, but the lack of hashrate increasing "relatively" delays them.

I mean, if the hashrate actually drops substantially, yeah, blocks will be delayed. But right now its more of a plateau.

inca

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Quote from: spooderman on December 26, 2014, 05:31:46 PM

Quote from: LFC_Bitcoin on December 26, 2014, 05:18:43 PM

Good.

Fewer miners means fewer coins on the market which means higher prices.

This your first day?

Technically he is right, as fewer miners slightly delays the block reward, no?

spooderman

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Quote from: LFC_Bitcoin on December 26, 2014, 05:18:43 PM

Good.

Fewer miners means fewer coins on the market which means higher prices.

This your first day?

galdur

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Well, in the real world sane people don´t usually increase production

the more what is being produced falls in price.

NotLambchop

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Quote from: LFC_Bitcoin on December 26, 2014, 05:18:43 PM

Good.

Fewer miners means fewer coins on the market which means higher prices.

How is it you're invested in BTC and don't understand how mining works? The depths of ignorance on these fora are unplumbable Angry

galdur

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Quote from: unent on December 26, 2014, 05:13:32 PM

Quote from: galdur on December 26, 2014, 05:09:51 PM

Quote from: unent on December 26, 2014, 05:06:46 PM

Quote from: galdur on December 26, 2014, 05:00:19 PM

Quote

The majority of experts who were willing to venture a guess thought that Bitcoin would be worth more than US$1,000, with several experts placing the value between US$2,000 and US$5,000.
Of special interest were predictions by Sam Cole from KnCMiner who said:

“Large financial players are entering the market this year. I am talking to some of them. If they are to become involved they need the coin to be valued at around US$2,000 to US$3,000… So I am predicting around US$2,000 to US$3,000.”
Interestingly, Dr. Marco Krohn from Genesis Mining suggested the same figure of US$2,000 to US$3,000. What is it that miners know that the rest of us don’t? It seems they are expecting a second Bitcoin rush this year.

This point of view was supported by Bitcoin investor Trace Mayer who believes the latest innovations in the cryptocurrency will enable Wall Street to come into Bitcoin which will push the price up “significantly higher.”

BTC to break $2,000 mark by Christmas – Experts

http://cointelegraph.com/news/111597/btc_to_break_2_000_mark_by_christmas_experts

That was published on 2014-05-28. As a footnote it says this about the price on Christmas day.

However, some were more bearish on Bitcoin’s growth. Bobby Lee from BTC China, who has been hit with uncertainties over regulation in China, offered a much more modest price, suggesting that it would be over US$500.

Even Bobby Lee got it wrong!

You don´t get the point.

They anticipated $1000 by now.

This led to extreme over-investment in mining equipment.

Major bankruptcies are most likely imminent.

How often do big companies usually have to pay installments on their bank loans? Most shops and factories have to pay at the end of each quarter if they are renting premises, which explains empty shops after Christmas. Do big companies usually have to pay bank loan installments quarterly?

Maybe the bankers have been trying to slow some of those idiots

down lately (the plateau) to try to minimize losses.

LFC_Bitcoin

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Good.

Fewer miners means fewer coins on the market which means higher prices.

unent

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Quote from: galdur on December 26, 2014, 05:09:51 PM

Quote from: unent on December 26, 2014, 05:06:46 PM

Quote from: galdur on December 26, 2014, 05:00:19 PM

Quote

The majority of experts who were willing to venture a guess thought that Bitcoin would be worth more than US$1,000, with several experts placing the value between US$2,000 and US$5,000.
Of special interest were predictions by Sam Cole from KnCMiner who said:

“Large financial players are entering the market this year. I am talking to some of them. If they are to become involved they need the coin to be valued at around US$2,000 to US$3,000… So I am predicting around US$2,000 to US$3,000.”
Interestingly, Dr. Marco Krohn from Genesis Mining suggested the same figure of US$2,000 to US$3,000. What is it that miners know that the rest of us don’t? It seems they are expecting a second Bitcoin rush this year.

This point of view was supported by Bitcoin investor Trace Mayer who believes the latest innovations in the cryptocurrency will enable Wall Street to come into Bitcoin which will push the price up “significantly higher.”

BTC to break $2,000 mark by Christmas – Experts

http://cointelegraph.com/news/111597/btc_to_break_2_000_mark_by_christmas_experts

That was published on 2014-05-28. As a footnote it says this about the price on Christmas day.

However, some were more bearish on Bitcoin’s growth. Bobby Lee from BTC China, who has been hit with uncertainties over regulation in China, offered a much more modest price, suggesting that it would be over US$500.

Even Bobby Lee got it wrong!

You don´t get the point.

They anticipated $1000 by now.

This led to extreme over-investment in mining equipment.

Major bankruptcies are most likely imminent.

How often do big companies usually have to pay installments on their bank loans? Most shops and factories have to pay at the end of each quarter if they are renting premises, which explains empty shops after Christmas. Do big companies usually have to pay bank loan installments quarterly?

galdur

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Quote from: unent on December 26, 2014, 05:06:46 PM

Quote from: galdur on December 26, 2014, 05:00:19 PM

Quote

The majority of experts who were willing to venture a guess thought that Bitcoin would be worth more than US$1,000, with several experts placing the value between US$2,000 and US$5,000.
Of special interest were predictions by Sam Cole from KnCMiner who said:

“Large financial players are entering the market this year. I am talking to some of them. If they are to become involved they need the coin to be valued at around US$2,000 to US$3,000… So I am predicting around US$2,000 to US$3,000.”
Interestingly, Dr. Marco Krohn from Genesis Mining suggested the same figure of US$2,000 to US$3,000. What is it that miners know that the rest of us don’t? It seems they are expecting a second Bitcoin rush this year.

This point of view was supported by Bitcoin investor Trace Mayer who believes the latest innovations in the cryptocurrency will enable Wall Street to come into Bitcoin which will push the price up “significantly higher.”

BTC to break $2,000 mark by Christmas – Experts

http://cointelegraph.com/news/111597/btc_to_break_2_000_mark_by_christmas_experts

That was published on 2014-05-28. As a footnote it says this about the price on Christmas day.

However, some were more bearish on Bitcoin’s growth. Bobby Lee from BTC China, who has been hit with uncertainties over regulation in China, offered a much more modest price, suggesting that it would be over US$500.

Even Bobby Lee got it wrong!

You don´t get the point.

They anticipated $1000 by now.

This led to extreme over-investment in mining equipment.

Major bankruptcies are most likely imminent.

unent

sr. member

Activity: 326

Merit: 250

Quote from: criptix on December 26, 2014, 05:02:53 PM

Quote from: marcus_of_augustus on December 26, 2014, 04:28:25 PM

Quote from: LFC_Bitcoin on December 26, 2014, 08:17:37 AM

How do we know Warren Buffett isn't investing in BTC?

If he's not happy with his holding yet & needs to add to it why the hell would he speak positively about BTC?
The price would shoot up & he'd penalise himself.

Warren Buffet's BH owns 10% of IBM ... yes the same IBM that is going hard on the Internet of Things and 'blockchain' tech.

Join the dots, the guy speaks with forked tongues on many markets.

i though ibm is doing researches based on blockchain-tech, not bitcoin itself?
i guess either way it seems advantageous to talk bitcoin down from buffest standpoint

I thought IBM was considering cloning Ethereum, not bitcoin.

galdur

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Quote from: galdur on December 26, 2014, 04:45:12 PM

Consolidation, bubble limps along for a couple months, then the big crash

You may want to compare this to a 6-month chart of BTC.

unent

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Activity: 326

Merit: 250

Quote from: galdur on December 26, 2014, 05:00:19 PM

Quote

The majority of experts who were willing to venture a guess thought that Bitcoin would be worth more than US$1,000, with several experts placing the value between US$2,000 and US$5,000.
Of special interest were predictions by Sam Cole from KnCMiner who said:

“Large financial players are entering the market this year. I am talking to some of them. If they are to become involved they need the coin to be valued at around US$2,000 to US$3,000… So I am predicting around US$2,000 to US$3,000.”
Interestingly, Dr. Marco Krohn from Genesis Mining suggested the same figure of US$2,000 to US$3,000. What is it that miners know that the rest of us don’t? It seems they are expecting a second Bitcoin rush this year.

This point of view was supported by Bitcoin investor Trace Mayer who believes the latest innovations in the cryptocurrency will enable Wall Street to come into Bitcoin which will push the price up “significantly higher.”

BTC to break $2,000 mark by Christmas – Experts

http://cointelegraph.com/news/111597/btc_to_break_2_000_mark_by_christmas_experts

That was published on 2014-05-28. As a footnote it says this about the price on Christmas day.

However, some were more bearish on Bitcoin’s growth. Bobby Lee from BTC China, who has been hit with uncertainties over regulation in China, offered a much more modest price, suggesting that it would be over US$500.

Even Bobby Lee got it wrong!

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 23914. (Read 26712678 times)