Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 24174.

Elwar

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Viva Ut Vivas

Quote from: aliro38 on December 15, 2014, 10:23:35 AM

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?

findftp

legendary

Activity: 1022

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Delusional crypto obsessionist

Is there a chart which shows the posts being made to this thread over time?
I have the impression that this thread is much less active than a few weeks ago.
I would like to know if there is a big correlation with the price movement (whichever direction) Grin

aliro38

newbie

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Quote from: sleger on December 15, 2014, 10:26:50 AM

Quote from: aliro38 on December 15, 2014, 10:15:08 AM

Lol. Nice math you have there...

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

I was trying to give you a hint but it did not work. Who said all 13.6mil coins have to be sold for the price to reach any value Huh

I gave 25k$ as an example as if everyone removes their ask, and one btc sells for 25k$ (or even a fraction of 1btc) then the price IS 25k$/btc.
You're welcome.

Sure. The price may be whatever you want it to be for a small duration of time. Up or down equally. For a fraction of a second you may push it above the last ask. So what? In the next fraction of a second will return back, where is sustainable.
I was talking about equilibrium...
I fully understand you may not like it.

sleger

full member

Activity: 167

Merit: 100

Quote from: aliro38 on December 15, 2014, 10:15:08 AM

Lol. Nice math you have there...

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

I was trying to give you a hint but it did not work. Who said all 13.6mil coins have to be sold for the price to reach any value Huh

I gave 25k$ as an example as if everyone removes their ask, and one btc sells for 25k$ (or even a fraction of 1btc) then the price IS 25k$/btc.
You're welcome.

aliro38

newbie

Activity: 59

Merit: 0

Quote from: sleger on December 15, 2014, 10:18:23 AM

Quote from: aliro38 on December 15, 2014, 10:15:08 AM

Good to know!
Then I will try to figure out who will provide the necessary 335-350 billions USD for that to happen...
Any help would be appreciated.

Ok I am going to help you, there is only 25k$ needed for the price to reach 25k$/btc, how did you get your 350bn$ figure from ?

Lol. Nice math you have there...

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

Richy_T

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1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k

Quote from: octaft on December 14, 2014, 11:58:23 PM

Quote from: Richy_T on December 14, 2014, 09:42:50 PM

Hah, you can tell this was written by a woman. Welcome to being a man, hon.

The only thing funny about this comment is how people called nanobrain sensitive and accused her of not knowing what she's talking about when she brought up sexist bullshit.

sleger

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Quote from: aliro38 on December 15, 2014, 10:15:08 AM

Good to know!
Then I will try to figure out who will provide the necessary 335-350 billions USD for that to happen...
Any help would be appreciated.

Ok I am going to help you, there is only 25k$ needed for the price to reach 25k$/btc, how did you get your 350bn$ figure from ?

aliro38

newbie

Activity: 59

Merit: 0

Quote from: DieJohnny on December 15, 2014, 10:05:20 AM

I check BTC price every day, but there is simply not enough mass adoption yet to push price higher. Speculators are not jumping in mass because they see future weakness in the price.

The day is coming though, when adoption starts to put price pressure on bitcoin and investors will sense an opportunity. I think it is September 2015, then we don't stop until 25k.

Until then i try and figure out ways to buy more.

Good to know!
Then I will try to figure out who will provide the necessary 335-350 billions USD for that to happen...
Any help would be appreciated.

DieJohnny

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I check BTC price every day, but there is simply not enough mass adoption yet to push price higher. Speculators are not jumping in mass because they see future weakness in the price.

The day is coming though, when adoption starts to put price pressure on bitcoin and investors will sense an opportunity. I think it is September 2015, then we don't stop until 25k.

Until then i try and figure out ways to buy more.

ChartBuddy

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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ

Explanation

Elwar

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Viva Ut Vivas

Quote from: 600watt on December 15, 2014, 08:09:47 AM

wow, i don´t think this forum has ever been so quiescent

Because there is so little going on I had time to look up quiescent.

being at rest; quiet; still; inactive or motionless:

A year ago you could've posted that and I'd be like "whatever the fuck that means, are we up or down 20% in the past hour!?!?!"

lightfoot

legendary

Activity: 3220

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

Quote from: SirChiko on December 15, 2014, 08:16:16 AM

Well i don't think so, most of the us ordinary people buy gifts b4 christmas and don't have leftover money for crypto.

What, you're not giving your kids and relatives bitcoins as presents?

That's right little Johnny! That paper entitles you to bitcoins! NO WAIT DON'T POST A PICTURE OF YOUR PRESENT ON FACEBOOK!!!!!!!! AIEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEE!

Ahem.

macsga

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Strange, yet attractive.

Quote from: SirChiko on December 15, 2014, 08:16:16 AM

Quote from: macsga on December 15, 2014, 06:38:03 AM

Quote from: EFS on December 15, 2014, 06:32:18 AM

Are you waiting any change before christmas?

Bitcoin has proven itself unpredictable so far. If a rally up occurs, it will surely won't based on news though. After Microsoft's announcement short rally, I'm a bit disappointed to be honest. I'm long anyway, so I guess I will need more popcorn...

Well i don't think so, most of the us ordinary people buy gifts b4 christmas and don't have leftover money for crypto.

True, but I'm afraid that the price is rarely based on "ordinary people". Undecided

ChartBuddy

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Explanation

SirChiko

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Quote from: macsga on December 15, 2014, 06:38:03 AM

Quote from: EFS on December 15, 2014, 06:32:18 AM

Are you waiting any change before christmas?

Bitcoin has proven itself unpredictable so far. If a rally up occurs, it will surely won't based on news though. After Microsoft's announcement short rally, I'm a bit disappointed to be honest. I'm long anyway, so I guess I will need more popcorn...

Well i don't think so, most of the us ordinary people buy gifts b4 christmas and don't have leftover money for crypto.

Newbie1022

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Quote from: 600watt on December 15, 2014, 08:09:47 AM

wow, i don´t think this forum has ever been so quiescent

Bullish as fuck, bro.

600watt

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wow, i don´t think this forum has ever been so quiescent

ChartBuddy

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Explanation

Mervyn_Pumpkinhead

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I think that this is currently quite exciting. What makes it exciting, is that no one, with enough weight in the crypto market, has a proper plan. Usually a lot of unexpected things happen when people don't have a plan.

But still, it's not a bad chance for those to gamble, who like to make their bets randomly.

ChartBuddy

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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ

Explanation

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