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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 27734. (Read 26711568 times)

legendary
Activity: 1193
Merit: 1003
9.9.2012: I predict that single digits... <- FAIL
3600BTC ....now volume is really pathetic, I think that any action will be a couple weeks after the Bitcoin Amestrdam conference.


It was like this after the bottom last summer too. People don't want to sell any more at this price. Now we just have to wait for the bears to turn into bulls again.

http://bitcoincharts.com/charts/mtgoxUSD#rg360zigWeeklyzczsg2013-01-01zeg2013-12-31ztgSzm1g10zm2g25zvzl



If that includes the above mentioned "bears" , I don't even want to think how much we're going to wait for it.


 Cheesy
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
hero member
Activity: 826
Merit: 501
in defi we trust
3600BTC ....now volume is really pathetic, I think that any action will be a couple weeks after the Bitcoin Amestrdam conference.


It was like this after the bottom last summer too. People don't want to sell any more at this price. Now we just have to wait for the bears to turn into bulls again.

http://bitcoincharts.com/charts/mtgoxUSD#rg360zigWeeklyzczsg2013-01-01zeg2013-12-31ztgSzm1g10zm2g25zvzl



If that includes the above mentioned "bears" , I don't even want to think how much we're going to wait for it.
legendary
Activity: 1193
Merit: 1003
9.9.2012: I predict that single digits... <- FAIL
3600BTC ....now volume is really pathetic, I think that any action will be a couple weeks after the Bitcoin Amestrdam conference.


It was like this after the bottom last summer too. People don't want to sell any more at this price. Now we just have to wait for the bears to turn into bulls again.

http://bitcoincharts.com/charts/mtgoxUSD#rg360zigWeeklyzczsg2013-01-01zeg2013-12-31ztgSzm1g10zm2g25zvzl

legendary
Activity: 2338
Merit: 2106
Why is it that bulls speak so emotionally and inappropriately while bears speak so calmly and rationally?



 Cheesy
legendary
Activity: 1281
Merit: 1000
☑ ♟ ☐ ♚
Why is it that bulls speak so emotionally and inappropriately while bears speak so calmly and rationally?

Nice troll, currently in contention for the best of 2014'

 Grin
hero member
Activity: 826
Merit: 501
in defi we trust
Why is it that bulls speak so emotionally and inappropriately while bears speak so calmly and rationally?

hero member
Activity: 574
Merit: 500
Why is it that bulls speak so emotionally and inappropriately while bears speak so calmly and rationally?

Nice troll, currently in contention for the best of 2014'
hero member
Activity: 728
Merit: 500
3600BTC ....now volume is really pathetic, I think that any action will be a couple weeks after the Bitcoin Amestrdam conference.




There is a bit of volume on hoHBoy. About 14,000BTC within the past 3 hours.
legendary
Activity: 1148
Merit: 1001
things you own end up owning you
3600BTC ....now volume is really pathetic, I think that any action will be a couple weeks after the Bitcoin Amestrdam conference.



hero member
Activity: 826
Merit: 501
in defi we trust
Another thing that annoys me is that when I write "Inevitable crash" I get 3 responses within a minute stating that I am pulling predictions out of my ass. While in the meantime if for example Chessnut predicts "CCMF" with his EW analysis (which he hasnt the slightest idea about), people are already like "CCMF" etc.

And from where are you pulling your predictions?
legendary
Activity: 924
Merit: 1001
Why is it that bulls speak so emotionally and inappropriately while bears speak so calmly and rationally?

not true. there are plenty of savage bears around here.
hero member
Activity: 798
Merit: 1000
Why is it that bulls speak so emotionally and inappropriately while bears speak so calmly and rationally?

Yeah why is that, fonzie and igoor and mah37 are all such rational posters.
hero member
Activity: 728
Merit: 500
Why is it that bulls speak so emotionally and inappropriately while bears speak so calmly and rationally?
hero member
Activity: 728
Merit: 500
Only uberbullish projections are allowed here.  Bearish projections and even completely neutral projectons will be met with a gauntlet of hostility and profanity. Meanwhile 1,000 wrong projections will be made each day by bulls and they will be perfectly acceptable and ignored. It's a double standard.
hero member
Activity: 798
Merit: 1000
Another thing that annoys me is that when I write "Inevitable crash" I get 3 responses within a minute stating that I am pulling predictions out of my ass. While in the meantime if for example Chessnut predicts "CCMF" with his EW analysis (which he hasnt the slightest idea about), people are already like "CCMF" etc.

Well don't use words like "inevitable crash" saying CCMF around here is just a buzz word, It doesn't mean we are inevitably crashing upwards. (though on a long term scale its probably true Wink )

And at least chessnut posts some charts and reasons for saying that. If Im not mistaken you posted the other day crash of the century incoming when we were at $442...
legendary
Activity: 1428
Merit: 1000
Another thing that annoys me is that when I write "Inevitable crash" I get 3 responses within a minute stating that I am pulling predictions out of my ass. While in the meantime if for example Chessnut predicts "CCMF" with his EW analysis (which he hasnt the slightest idea about), people are already like "CCMF" etc.

You are in bulls territory, live with it, and parade only when the price is crashing  Wink
sr. member
Activity: 338
Merit: 250
Also this chart seems to say that the bitcoin system currently costs 30 USD per transaction:
https://blockchain.info/charts/cost-per-transaction
The cost of running the system is currently hidden in the inflation caused by mining, but in the long run will have to be paid by users as transaction fees.  If the numbers above are correct, bitcoin will be inviable for payments below 1000 USD.

It's an compelling argument on the face of it, but the question is compared to what?
What is the transaction and system maintenance cost of a USD/GBP/EUR fiat transfer?

What is interesting is the marginal cost of a transaction, not the average.
In other words : how much does it cost for the system in place to generate one more transaction ?
legendary
Activity: 2170
Merit: 1094
My new view of the market:



I wouldn't be suprised to see flat for an entire year.

I would be very surprised to see flat like you drew those 'lines'.
Historic data say that the market should go down until it finds the real bottom and then rebound.
legendary
Activity: 1281
Merit: 1000
☑ ♟ ☐ ♚


Circle seems to be what really is needed for not so technically savvy users. It looks to be as easy to use as Paypal, which is huge improvement compared to the current situation!
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