Author

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 26844. (Read 26710193 times)

sr. member
Activity: 280
Merit: 250
You guys are fucking crazy.  Bitcoin has gone from 10$ to 600$ in 2 years and you guys are sitting here bitching its not moving fast enough?


Just get it out of bitcoin now. You people don't deserve wealth.
hero member
Activity: 748
Merit: 500
doesn't anyone else see the similarities?

The important part is post-bubble. There's no reason to think that it will behave the same as in 2011.

There is no bad news this time to crush confidence. Actually, good news is still coming in just as it did on the way up. New merchants accepting every day. New exchanges and projects being worked on. Plenty of media coverage and people coming in.

There is good news flowing everyday still we are not moving that's really some worry part.

Exactly. None of the good news did anything to the price whatsoever. Yet people expect the price to magically go up sometime soon. I sure hope this magic will happen but i just can't find a reason for it.

Try to be more patient. It's difficult to say exact day when the next major rise will happen. If you think about it, Silk Road was not so big reason for Bitcoin to rise 10x. Most people are sheeps and they follow the people they control the market...It is simple...When big whales will want it to happen, it will happen and sheeps will follow...maybe i am wrong though, but i think patient is the key in Bitcoin investing.
copper member
Activity: 2898
Merit: 1465
Clueless!
doesn't anyone else see the similarities?

The important part is post-bubble. There's no reason to think that it will behave the same as in 2011.

There is no bad news this time to crush confidence. Actually, good news is still coming in just as it did on the way up. New merchants accepting every day. New exchanges and projects being worked on. Plenty of media coverage and people coming in.

There is good news flowing everyday still we are not moving that's really some worry part.

Exactly. Non of the good news did anything to the price whatsoever. Yet people expect the price to magically go up sometime soon. I sure hope this magic will happen but i just can't find a reason for it.

yep how i see it too

Searing
hero member
Activity: 672
Merit: 500
doesn't anyone else see the similarities?

The important part is post-bubble. There's no reason to think that it will behave the same as in 2011.

There is no bad news this time to crush confidence. Actually, good news is still coming in just as it did on the way up. New merchants accepting every day. New exchanges and projects being worked on. Plenty of media coverage and people coming in.

There is good news flowing everyday still we are not moving that's really some worry part.

Exactly. None of the good news did anything to the price whatsoever. Yet people expect the price to magically go up sometime soon. I sure hope this magic will happen but i just can't find a reason for it.
hero member
Activity: 798
Merit: 1000

Now what will Russia say? I wonder...
Nevertheless, it's a great thing, and 5000 places to buy isn't a small deal.

No but the Ukraine average annual salary is about $5000, so don't expect huge things

And the average Chinese salary was $2,100 in 2012. Average salary is such a vague measure to use to come to a conclusion that a new market won't have a net positive effect.


Get some facts right - the average Chinese Salary at the start of 2012 was CNY 42,452 - at the time USD 6,738
source
http://www.tradingeconomics.com/china/wages

and the population of the Ukraine is 1/30th that of China, 45million vs 1.35bn.

Fair enough I can't remember my source for the figure I had, regardless it doesn't tell you anything. If 80% of the Ukranian population bought bitcoins with 10% of their wages and 0.005% of Chinas polpulation bought coins with 1% what did what do you think would be the net outcome? My point about average wages being a completely vague figure to base any analysis on still stands.
legendary
Activity: 1512
Merit: 1010
ITSMYNE 🚀 Talk NFTs, Trade NFTs 🚀
doesn't anyone else see the similarities?

The important part is post-bubble. There's no reason to think that it will behave the same as in 2011.

There is no bad news this time to crush confidence. Actually, good news is still coming in just as it did on the way up. New merchants accepting every day. New exchanges and projects being worked on. Plenty of media coverage and people coming in.

There is good news flowing everyday still we are not moving that's really some worry part.
hero member
Activity: 910
Merit: 1003
A comment to the WSJ article on RealCoin notes that there was already an altcoin with that name, which is already dead:
http://blogs.wsj.com/moneybeat/2014/07/08/dollar-backed-digital-currency-aims-to-fix-bitcoins-volatility-dilemma/tab/comments/
And people may think that it is pegged to the real rather than the dollar...  Grin
legendary
Activity: 1512
Merit: 1005

Now what will Russia say? I wonder...
Nevertheless, it's a great thing, and 5000 places to buy isn't a small deal.

No but the Ukraine average annual salary is about $5000, so don't expect huge things

And the average Chinese salary was $2,100 in 2012. Average salary is such a vague measure to use to come to a conclusion that a new market won't have a net positive effect.



Get some facts right - the average Chinese Salary at the start of 2012 was CNY 42,452 - at the time USD 6,738
source
http://www.tradingeconomics.com/china/wages

and the population of the Ukraine is 1/30th that of China, 45million vs 1.35bn.

The income is probably somewhat relevant, but so is the number of Ukranians, and the savings rate they prefer after they discover the long time store of value property of bitcoins.
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
hero member
Activity: 672
Merit: 500
If we don't go up soon i expect some big dumps. For most people there is no point waiting snymore for something that's not gonna happen (in their eyes) They will start selling. This expected rally up is taking too long.
hero member
Activity: 703
Merit: 502

Now what will Russia say? I wonder...
Nevertheless, it's a great thing, and 5000 places to buy isn't a small deal.

No but the Ukraine average annual salary is about $5000, so don't expect huge things

And the average Chinese salary was $2,100 in 2012. Average salary is such a vague measure to use to come to a conclusion that a new market won't have a net positive effect.



Get some facts right - the average Chinese Salary at the start of 2012 was CNY 42,452 - at the time USD 6,738
source
http://www.tradingeconomics.com/china/wages

and the population of the Ukraine is 1/30th that of China, 45million vs 1.35bn.
hero member
Activity: 798
Merit: 1000

Now what will Russia say? I wonder...
Nevertheless, it's a great thing, and 5000 places to buy isn't a small deal.

No but the Ukraine average annual salary is about $5000, so don't expect huge things

And the average Chinese salary was $2,100 in 2012. Average salary is such a vague measure to use to come to a conclusion that a new market won't have a net positive effect.

sr. member
Activity: 280
Merit: 250
Bitcoin will be bitcoin and you can expect the price to go plus or minus 5-10% daily just because its bitcoin, no news is required.
sr. member
Activity: 336
Merit: 250
Is this dump due to that fucking terrorist who might use our Bitcoin? Or is there other news
legendary
Activity: 2170
Merit: 1094
Small dumps on Huobi. As I said before, Chinese bagholders are getting impatient.
member
Activity: 101
Merit: 10
฿ ฿ ฿ ฿ ฿
I think these log trendlines are guaranteed to be broken at some point in the near future (1 week to 1 year).  A new trendline will be established. This happens all the time on a micro scale.

Indeed. This trendline seems to be exhausted.
Cry
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
full member
Activity: 140
Merit: 100
I think these log trendlines are guaranteed to be broken at some point in the near future (1 week to 1 year).  A new trendline will be established. This happens all the time on a micro scale.

Indeed. This trendline seems to be exhausted.
hero member
Activity: 703
Merit: 502

Now what will Russia say? I wonder...
Nevertheless, it's a great thing, and 5000 places to buy isn't a small deal.

No but the Ukraine average annual salary is about $5000, so don't expect huge things
hero member
Activity: 812
Merit: 587
Space Lord

Now what will Russia say? I wonder...
Nevertheless, it's a great thing, and 5000 places to buy isn't a small deal.
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