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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 24916. (Read 26712373 times)

legendary
Activity: 1260
Merit: 1000
World Class Cryptonaire
Cheap coins on sale now. Mr Bearwhale has made a generous donation.  Smiley

Give it up. Nobody falls for the "cheap coins" thing anymore.

Look at all the positive things going on in bitcoin. 2 years from now everyone will be calling today's coins cheap, even the perma-bears. The network is growing much faster than bitcoin price, but it'll catch up once consumers have more of a reason to use it (as all of these projects develop).

Especially with remittances and projects similar to btcjam and openbazzar come out.

Right now most people are selling, but when consumerism increases hopefully you won't miss the boat.
newbie
Activity: 2
Merit: 0
is Japan to the bitcoin rescue Huh
http://bitcoinmagazine.com/17508/bitcoin-regulation-in-japan/

Quote
Japan has recognized Bitcoin’s great potential, and, in a gallant act of confidence, has asked members within the bitcoin industry to form a self-regulatory authority.
Also England.
https://bitcointalksearch.org/topic/m.9312329
sr. member
Activity: 476
Merit: 250


Aren't you a trader? Can't you make money whether the price is $10 or $1000? Why be mad at the guy? At least he's not like "DEFI GOING DOWN OMG DOOOOOM AND FUKKIN GLOOOOOM C U @ 5 FGTS!" That is much more trollish than what this dude is doing.



Nope I do not trade. I would have thought that was apparent when my last question was asking people what shorting is. Never ever have I said I trade bitcoin.


Hmm I didn't see you ask that, my bad.
legendary
Activity: 1456
Merit: 1000
is Japan to the bitcoin rescue Huh
http://bitcoinmagazine.com/17508/bitcoin-regulation-in-japan/

Quote
Japan has recognized Bitcoin’s great potential, and, in a gallant act of confidence, has asked members within the bitcoin industry to form a self-regulatory authority.
sr. member
Activity: 980
Merit: 256
Decentralized Ascending Auctions on Blockchain


Aren't you a trader? Can't you make money whether the price is $10 or $1000? Why be mad at the guy? At least he's not like "DEFI GOING DOWN OMG DOOOOOM AND FUKKIN GLOOOOOM C U @ 5 FGTS!" That is much more trollish than what this dude is doing.



Nope I do not trade. I would have thought that was apparent when my last question was asking people what shorting is. Never ever have I said I trade bitcoin.
legendary
Activity: 1232
Merit: 1011
we are starting our climb to 500 !

just waiting someone to tell how china is bullish.
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
sr. member
Activity: 476
Merit: 250

Please state your understanding of what is going on, then.


You're always making bold assertions. "I assume this" "I suspect this"

I don't know, but I don't make shit up all the time like you do.




I do not know where to get reliable data on bitcoin usage.


Exactly, so shut the fuck up

Aren't you a trader? Can't you make money whether the price is $10 or $1000? Why be mad at the guy? At least he's not like "DEFI GOING DOWN OMG DOOOOOM AND FUKKIN GLOOOOOM C U @ 5 FGTS!" That is much more trollish than what this dude is doing.

For that matter, at least he admits he could be wrong and is making assumptions. How many people do you see speaking in absolute, certain terms about where the price is going, in either direction? Even though it is impossible to be "certain" about future events. Even that is more trollish to me than a guy giving what he perceives to be an honest analysis and doing so in a relatively polite manner.

Just take it for what it is: just another dudes analysis. Nobody can force you to agree with it, but you can certainly give yourself an aneurysm getting mad over so little.

Some call him a troll, but honestly I don't think a troll would ever bother to put that much work into trolling. Look at a guy like Lambchop: he's putting in hardly any effort at all, and he STILL pisses some people off. Why would a guy work so hard at it when all you have to do is mimic lambchop and be successful at trolling?
zby
legendary
Activity: 1594
Merit: 1001
legendary
Activity: 1456
Merit: 1000
Cheap coins on sale now. Mr Bearwhale has made a generous donation.  Smiley

Give it up. Nobody falls for the "cheap coins" thing anymore.

shroomskit, one thing i want you to know... you are not my hero. thankyou
hero member
Activity: 672
Merit: 500
Cheap coins on sale now. Mr Bearwhale has made a generous donation.  Smiley

Give it up. Nobody falls for the "cheap coins" thing anymore.
hero member
Activity: 910
Merit: 1003
All the charts on blockchain show very steady growth, transactional volume is up 300% since this time last year. Number of transactions is all time high, as is daily wallets used
Price too is still 3x last year, but that is still the effect of the November bubble.  We cannot tell whether other markets (responsible for previous bubbles) have been growing in the meantime.

Moreover, the blockchain USD traffic since January does not show growth where expected, so a large component of the traffic is probably not payments but merely hot/cold swapping, tumbling, deposits/withdrawals, etc..

As for wallets, it would be necesary to know how many hold significant funds.
legendary
Activity: 1456
Merit: 1000
in my noob opinion, all this whale surely be big miner selling cheap coin because their miner already roi and they can sell at any price above electricity and still profit.  why they sell cheap, so that new miner are discouraged and keep them in power literally. this is a race to the fair price, which is their price for bitcoin. as new miner are discouraged they assume that difficulty will soon be lower further increase their profit.


true, and by the end of the year new or small years might also face the increasing difficulty problem, which might further decrease the number of small miners in the mining competition.

This is accurate. Another possibility is that the strongest remain last. Don't forget though, that when the halving occurs, the mining profits (at these prices) will be a "no go" towards any small or bigger farm. Interesting to see what happens by then though.

+1,
or if adoption increases/acceptable regulation/more good news . this will trigger miner to hoard instead of dumping and buyer and speculator all buying. then price will shoot to da moon.

its good to be a permabull isnt
legendary
Activity: 1232
Merit: 1011
there will be blood today.

order book is looking anemic on stamp.
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
donator
Activity: 1736
Merit: 1014
Let's talk governance, lipstick, and pigs.
8 days left before commenting period for Russian law against Bitcoin.
http://www.reddit.com/r/Bitcoin/comments/2k6aiq/20141024_8_days_left_before_commenting_period_for/
Please keep us posted. We're hoping for another Russian Bitcoin ban.
donator
Activity: 1736
Merit: 1014
Let's talk governance, lipstick, and pigs.
odd. We broke that wall at around $350 and now we heading back up?
it's hard to tell
dn sᴉ ʎɐʍ ɥɔᴉɥʍ
?!?!?
legendary
Activity: 1484
Merit: 1002
Strange, yet attractive.
in my noob opinion, all this whale surely be big miner selling cheap coin because their miner already roi and they can sell at any price above electricity and still profit.  why they sell cheap, so that new miner are discouraged and keep them in power literally. this is a race to the fair price, which is their price for bitcoin. as new miner are discouraged they assume that difficulty will soon be lower further increase their profit.


true, and by the end of the year new or small years might also face the increasing difficulty problem, which might further decrease the number of small miners in the mining competition.

This is accurate. Another possibility is that the strongest remain last. Don't forget though, that when the halving occurs, the mining profits (at these prices) will be a "no go" towards any small or bigger farm. Interesting to see what happens by then though.
hero member
Activity: 546
Merit: 500
hm
odd. We broke that wall at around $350 and now we heading back up?
full member
Activity: 182
Merit: 100
in my noob opinion, all this whale surely be big miner selling cheap coin because their miner already roi and they can sell at any price above electricity and still profit.  why they sell cheap, so that new miner are discouraged and keep them in power literally. this is a race to the fair price, which is their price for bitcoin. as new miner are discouraged they assume that difficulty will soon be lower further increase their profit.


true, and by the end of the year new or small years might also face the increasing difficulty problem, which might further decrease the number of small miners in the mining competition.
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