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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 25540. (Read 26656910 times)

legendary
Activity: 2338
Merit: 2106



it is no train. but it is green and it has power....


8900 ...
legendary
Activity: 1281
Merit: 1000
☑ ♟ ☐ ♚
How should a currency rise into existence? How should a technology be adopted. It's not a post-IPO company we're dealing with here. It's the rise of a start-up currency / technology / store of value. All idicators besides price this past year have been growing strong. Price can't lag adoption forever.

Oh..and while we're looking at charts. Let's take a look at the measuring stick the world uses to price everything.

Bubble? or a broken global financial system?



your post is called despair.

Also this:
http://www.slate.com/blogs/moneybox/2012/08/03/the_monetary_base_is_irrelevant.html

lets not forget that Bitcoin has an annually inflation rate of 14%...which doesn't make it allot better than the dollar when it comes to inflation, now with declining rate of adoption and this high uinflation rate and declining confidence of investors the price going down is the only logical trend... beside the  inflation argument is old and fake, and I consider it an insult to m intelligence.

Inflation rate is currently about 10%

https://en.bitcoin.it/wiki/Controlled_supply
legendary
Activity: 2324
Merit: 1125
How should a currency rise into existence? How should a technology be adopted. It's not a post-IPO company we're dealing with here. It's the rise of a start-up currency / technology / store of value. All idicators besides price this past year have been growing strong. Price can't lag adoption forever.

Oh..and while we're looking at charts. Let's take a look at the measuring stick the world uses to price everything.

Bubble? or a broken global financial system?



your post is called despair.

Also this:
http://www.slate.com/blogs/moneybox/2012/08/03/the_monetary_base_is_irrelevant.html

lets not forget that Bitcoin has an annually inflation rate of 14%...which doesn't make it allot better than the dollar when it comes to inflation, now with declining rate of adoption and this high uinflation rate and declining confidence of investors the price going down is the only logical trend... beside the  inflation argument is old and fake, and I consider it an insult to m intelligence.

Bitcoin technically has a 0% inflation since inception. There's a 21M BTC monetary base which will never be inflated.
legendary
Activity: 1148
Merit: 1001
things you own end up owning you
How should a currency rise into existence? How should a technology be adopted. It's not a post-IPO company we're dealing with here. It's the rise of a start-up currency / technology / store of value. All idicators besides price this past year have been growing strong. Price can't lag adoption forever.

Oh..and while we're looking at charts. Let's take a look at the measuring stick the world uses to price everything.

Bubble? or a broken global financial system?



your post is called despair.

Also this:
http://www.slate.com/blogs/moneybox/2012/08/03/the_monetary_base_is_irrelevant.html

lets not forget that Bitcoin has an annually inflation rate of 14%...which doesn't make it allot better than the dollar when it comes to inflation, now with declining rate of adoption and this high uinflation rate and declining confidence of investors the price going down is the only logical trend... beside the  inflation argument is old and fake, and I consider it an insult to m intelligence.
sr. member
Activity: 338
Merit: 250
All the bears selling and shorting now is really going to create a huge buying pressure once we have a good solid period of green candles. Once all of your coins are gone only the holders and miners will have bitcoins and thus creating a smaller daily supply. I really thank you guys for loading this spring.... when the bitcoin market turns around it's going to be quite an epic price explosion.

We heard that one for how many months now ?

The coins are never "gone". What is being sold today can be again sold tomorrow by the buyers of today. How do you know the buyers of today are holders ? If their expectations are not met, they might very well sell as well.

When you pull too strong on the spring, it bends and breaks.
legendary
Activity: 2324
Merit: 1125
How should a currency rise into existence? How should a technology be adopted. It's not a post-IPO company we're dealing with here. It's the rise of a start-up currency / technology / store of value. All idicators besides price this past year have been growing strong. Price can't lag adoption forever.

Oh..and while we're looking at charts. Let's take a look at the measuring stick the world uses to price everything.

Bubble? or a broken global financial system?



your post is called despair.

Also this:
http://www.slate.com/blogs/moneybox/2012/08/03/the_monetary_base_is_irrelevant.html
Right...so if we increase miners rewards by 5x but tell them they can only spend x coins...that change is irrelevant?

If anything is NOT irrelevant it's the monetary base.
FNG
hero member
Activity: 588
Merit: 500
How should a currency rise into existence? How should a technology be adopted. It's not a post-IPO company we're dealing with here. It's the rise of a start-up currency / technology / store of value. All idicators besides price this past year have been growing strong. Price can't lag adoption forever.

Oh..and while we're looking at charts. Let's take a look at the measuring stick the world uses to price everything.

Bubble? or a broken global financial system?



your post is called despair.

Also this:
http://www.slate.com/blogs/moneybox/2012/08/03/the_monetary_base_is_irrelevant.html
Right...so if we increase miners rewards by 5x but tell them they can only spend x coins...that change is irrelevant?

legendary
Activity: 2324
Merit: 1125
good morning, 200 in couple of weeks or so... just to remind the perma-bulls that trashed me before, this is the 3 years chart of Bitcoin's price (1W candles) tell me if it doesn't look like a bubble... and don't tell me this time is different:


You should investigate periodic functions. Maybe also check what a spring does when you expand it and let it go.

you do that instead of me.

My opinion is the opposite of yours so I obviously don't have to.
sr. member
Activity: 980
Merit: 256
Decentralized Ascending Auctions on Blockchain
How should a currency rise into existence? How should a technology be adopted. It's not a post-IPO company we're dealing with here. It's the rise of a start-up currency / technology / store of value. All idicators besides price this past year have been growing strong. Price can't lag adoption forever.

Oh..and while we're looking at charts. Let's take a look at the measuring stick the world uses to price everything.

Bubble? or a broken global financial system?



your post is called despair.

so up from here?

The bear trolls are just as retarded as the mega-bull trolls.
legendary
Activity: 1260
Merit: 1000
World Class Cryptonaire
All the bears selling and shorting now is really going to create a huge buying pressure once we have a good solid period of green candles. Once all of your coins are gone only the holders and miners will have bitcoins and thus creating a smaller daily supply. I really thank you guys for loading this spring.... when the bitcoin market turns around it's going to be quite an epic price explosion.
FNG
hero member
Activity: 588
Merit: 500
good morning, 200 in couple of weeks or so... just to remind the perma-bulls that trashed me before, this is the 3 years chart of Bitcoin's price (1W candles) tell me if it doesn't look like a bubble... and don't tell me this time is different:

How should a currency rise into existence? How should a technology be adopted. It's not a post-IPO company we're dealing with here. It's the rise of a start-up currency / technology / store of value. All idicators besides price this past year have been growing strong. Price can't lag adoption forever.

Oh..and while we're looking at charts. Let's take a look at the measuring stick the world uses to price everything.

Bubble? or a broken global financial system?



Doesn't your chart show dollars in circulation though? 

All you're showing is inflation really.



It's the chart of the base money supply. It's rapid increase is an attempt to paper over the cracks in the system.
legendary
Activity: 1666
Merit: 1057
Marketing manager - GO MP
How should a currency rise into existence? How should a technology be adopted. It's not a post-IPO company we're dealing with here. It's the rise of a start-up currency / technology / store of value. All idicators besides price this past year have been growing strong. Price can't lag adoption forever.

Oh..and while we're looking at charts. Let's take a look at the measuring stick the world uses to price everything.

Bubble? or a broken global financial system?



your post is called despair.

Also this:
http://www.slate.com/blogs/moneybox/2012/08/03/the_monetary_base_is_irrelevant.html
sr. member
Activity: 502
Merit: 251
no buying pressure whatsoever, sitting at 370 like a dead duck... Shocked



legendary
Activity: 1148
Merit: 1001
things you own end up owning you
How should a currency rise into existence? How should a technology be adopted. It's not a post-IPO company we're dealing with here. It's the rise of a start-up currency / technology / store of value. All idicators besides price this past year have been growing strong. Price can't lag adoption forever.

Oh..and while we're looking at charts. Let's take a look at the measuring stick the world uses to price everything.

Bubble? or a broken global financial system?



your post is called despair.
legendary
Activity: 1148
Merit: 1001
things you own end up owning you
good morning, 200 in couple of weeks or so... just to remind the perma-bulls that trashed me before, this is the 3 years chart of Bitcoin's price (1W candles) tell me if it doesn't look like a bubble... and don't tell me this time is different:


You should investigate periodic functions. Maybe also check what a spring does when you expand it and let it go.

you do that instead of me.
sr. member
Activity: 336
Merit: 250
Stamp says "Finex hit 365?! I'm gonna hit that too!"  Grin Grin Grin
FNG
hero member
Activity: 588
Merit: 500
good morning, 200 in couple of weeks or so... just to remind the perma-bulls that trashed me before, this is the 3 years chart of Bitcoin's price (1W candles) tell me if it doesn't look like a bubble... and don't tell me this time is different:







How should a currency rise into existence? How should a technology be adopted. It's not a post-IPO company we're dealing with here. It's the rise of a start-up currency / technology / store of value. All idicators besides price this past year have been growing strong. Price can't lag adoption forever.

Oh..and while we're looking at charts. Let's take a look at the measuring stick the world uses to price everything.

Bubble? or a broken global financial system?

legendary
Activity: 1176
Merit: 1000
legendary
Activity: 1176
Merit: 1000
Who the hell dumps on sunday nights? Probably the absolute worst hours to get money for your coin.

People who simply want to move the price.
legendary
Activity: 1281
Merit: 1000
☑ ♟ ☐ ♚


If this chart is an accurate description of the situation, we are now between fear and capitulation and we should go lower than 200 during the despair phase.

and this is what I was saying for 4 months now...

I have to give you credit, I don't like to do it but I have to  Cheesy
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