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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 24026. (Read 26630480 times)

hero member
Activity: 658
Merit: 500
sr. member
Activity: 378
Merit: 254
Now that Bitcoin has finally reached singularity  something something tipping point  stabilized got stuck @~$350, can we still celebrate daily lows and highs?
Because we just had a 24hr low.

legendary
Activity: 3598
Merit: 2386
Viva Ut Vivas
I don't get it?!
That's marketcap. Nothing more, nothing less. 
See here: http://www.investopedia.com/articles/basics/03/031703.asp or here http://en.wikipedia.org/wiki/Market_capitalization if you're not familiar with it.

Edited to fully respond to the above:  Sorry, but it was simply not implied anywhere that "all 13.6 million bitcoins are traded daily on the exchange".

The bitcoins traded for fiat are what determines the price. When the market cap of Bitcoin went from $1 billion to $5 billion do you honestly believe that $4 billion worth of money flowed into Bitcoin? Or was it perhaps a small percentage of the coins on the exchanges that were purchases raising the price?
legendary
Activity: 1022
Merit: 1008
Delusional crypto obsessionist
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
N12
donator
Activity: 1610
Merit: 1010
This is your fate.
legendary
Activity: 1022
Merit: 1008
Delusional crypto obsessionist
Finally a different poll again.
I almost voted for the 20-30% swings, but then I panicked and chose the last option Wink
full member
Activity: 154
Merit: 100
playing pasta and eating mandolinos
Why won't xrp stop rising?

it looks like a textbook pump: look at the graph of last year (at bitstamp), see the  high volume with little volatility in the plateau that lead to the rise, that's the pumper accumulating for months
hero member
Activity: 574
Merit: 500
Why won't xrp stop rising?

pump is still on perhaps don't worry. I assume if they dump it goes right back in to bitcoin. every manipulator has to ride the momentum no matter the market.
sr. member
Activity: 364
Merit: 250
The 4th industrial revolution!
Why won't xrp stop rising?
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
legendary
Activity: 1484
Merit: 1002
Strange, yet attractive.
Only hodlers have it handy at all times.


I always have it handy... even now as we speak. Grin
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 1512
Merit: 1005
Only hodlers have it handy at all times.
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 3934
Merit: 11405
Self-Custody is a right. Say no to"Non-custodial"
Good morning Bitcoinland.

Not much changed since Saturday, I see.

Pretty flat.



nice adult illustration of "flat"  - is that cutie an adult?
legendary
Activity: 1078
Merit: 1441
Good morning Bitcoinland.

Not much changed since Saturday, I see.

Pretty flat.



Leave "Dave" alone....
legendary
Activity: 4200
Merit: 4887
You're never too old to think young.
Good morning Bitcoinland.

Not much changed since Saturday, I see.

Pretty flat.

legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
newbie
Activity: 59
Merit: 0
Think again: 13,6 mil (bitcoins in circulation already) multiplied by 24650USD (25000/target price -350/actual price)
Don't forget to add 3600 fresh btc/day (from mining) multiplied by 200...350days

So all 13.6 million bitcoins are traded daily on the exchange?

Did I say or imply that somewhere?!


Yes, it was implied in this equation:
13,6 mil (bitcoins in circulation already) multiplied by 24650USD (25000/target price -350/actual price)



He doesn't get it still, crazy !!


I don't get it?!
That's marketcap. Nothing more, nothing less. 
See here: http://www.investopedia.com/articles/basics/03/031703.asp or here http://en.wikipedia.org/wiki/Market_capitalization if you're not familiar with it.

Edited to fully respond to the above:  Sorry, but it was simply not implied anywhere that "all 13.6 million bitcoins are traded daily on the exchange".
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