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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 32597. (Read 26609850 times)

legendary
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legendary
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You're never too old to think young.
Straight lines is how this world works Roll Eyes

On a log graph.
legendary
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sr. member
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Straight lines is how this world works Roll Eyes
legendary
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he who has the gold makes the rules
I am seeing a repeat of last year; And I doubt we will ever see prices around 50 again. I'd say we are on track to see 200 sometime in November.


when there's a bit too much bullish sentiment around..  i get this urge to start selling Smiley

we ain't hitting 200 by end of year  Cool
legendary
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sr. member
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I am seeing a repeat of last year; And I doubt we will ever see prices around 50 again. I'd say we are on track to see 200 sometime in November.


when there's a bit too much bullish sentiment around..  i get this urge to start selling Smiley
legendary
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legendary
Activity: 2380
Merit: 1823
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legendary
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Merit: 1823
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hero member
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Mintcoin: Get some
I am seeing a repeat of last year; And I doubt we will ever see prices around 50 again. I'd say we are on track to see 200 sometime in November.
legendary
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Merit: 1823
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hero member
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Mintcoin: Get some
I think you guys are looking too narrow, any day now we could see a blowup. The market is not very mature yet... $1.5B market cap is not much in all actuality. There really are many people out there with hundreds of millions of dollars that can severely shock the market. All it takes is someone like my friend's grandma (who has about $200 million dollars) to decide to put 10 percent into Bitcoin...and BAM! the price is driven over $1,000  instantly, shocks the whole community and market, and you will have wilder volatility than you could ever imagine.  Shocked  We haven't seen nothing yet!   If you think April was volatile, just wait... Roll Eyes  I'm sure it will happen again.

You're a little confused if you think 20 mill would take the price over 1000.

Our friendly whale who put in about 4 mill brought the price up from $1XX to $148.90. And thats with a few more million from other people. So, 8 mill -> $40

But 20 mill [and lets say, 40 mill] -> +900? Dont think so.

Of course if your friend grandma is braindead and clicks market order 20millUSD, then yes, around 10kUSD/BTC spike.

There must be a reason most mega-wealthy people have bothered to put a couple million into bitcoin.
LOL yeah! Well the people I know are of the kind of personality that would so something like that (buy $20 mil market order) just to see the affect and have fun with it haha. I'm sure they'd get a good laugh about it. Although she is the kind of person who has her assets in money markets and stuff, and is not so risk averse, so it might not happen anytime soon until she passes away or something and the inheritance is passed on to her children/grandchildren.
legendary
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legendary
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HODL OR DIE
Gox Bitstamp spread at $11....but btc-e close with stamp which is unusual.
legendary
Activity: 896
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I think you guys are looking too narrow, any day now we could see a blowup. The market is not very mature yet... $1.5B market cap is not much in all actuality. There really are many people out there with hundreds of millions of dollars that can severely shock the market. All it takes is someone like my friend's grandma (who has about $200 million dollars) to decide to put 10 percent into Bitcoin...and BAM! the price is driven over $1,000  instantly, shocks the whole community and market, and you will have wilder volatility than you could ever imagine.  Shocked  We haven't seen nothing yet!   If you think April was volatile, just wait... Roll Eyes  I'm sure it will happen again.

You're a little confused if you think 20 mill would take the price over 1000.

Our friendly whale who put in about 4 mill brought the price up from $1XX to $148.90. And thats with a few more million from other people. So, 8 mill -> $40

But 20 mill [and lets say, 40 mill] -> +900? Dont think so.

Of course if your friend grandma is braindead and clicks market order 20millUSD, then yes, around 10kUSD/BTC spike.

There must be a reason most mega-wealthy people have bothered to put a couple million into bitcoin.
legendary
Activity: 1414
Merit: 1000
HODL OR DIE
I think you guys are looking too narrow, any day now we could see a blowup. The market is not very mature yet... $1.5B market cap is not much in all actuality. There really are many people out there with hundreds of millions of dollars that can severely shock the market. All it takes is someone like my friend's grandma (who has about $200 million dollars) to decide to put 10 percent into Bitcoin...and BAM! the price is driven over $1,000  instantly, shocks the whole community and market, and you will have wilder volatility than you could ever imagine.  Shocked  We haven't seen nothing yet!   If you think April was volatile, just wait... Roll Eyes  I'm sure it will happen again.

Yeah, the "time bomb" model of bitcoin is the one I subscribe too.

That's why I laugh at the bears. Bitcoin as concept is only becoming more and more mature, the technology is incredible and the pace at which it has matured so quickly with ASIC is incredible. If bitcoin goes 20 years it will have impacts on POWER technology.
legendary
Activity: 2380
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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 1008
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I think you guys are looking too narrow, any day now we could see a blowup. The market is not very mature yet... $1.5B market cap is not much in all actuality. There really are many people out there with hundreds of millions of dollars that can severely shock the market. All it takes is someone like my friend's grandma (who has about $200 million dollars) to decide to put 10 percent into Bitcoin...and BAM! the price is driven over $1,000  instantly, shocks the whole community and market, and you will have wilder volatility than you could ever imagine.  Shocked  We haven't seen nothing yet!   If you think April was volatile, just wait... Roll Eyes  I'm sure it will happen again.

Yeah, the "time bomb" model of bitcoin is the one I subscribe too.
hero member
Activity: 613
Merit: 500
Mintcoin: Get some
I think you guys are looking too narrow, any day now we could see a blowup. The market is not very mature yet... $1.5B market cap is not much in all actuality. There really are many people out there with hundreds of millions of dollars that can severely shock the market. All it takes is someone like my friend's grandma (who has about $200 million dollars) to decide to put 10 percent into Bitcoin...and BAM! the price is driven over $1,000  instantly, shocks the whole community and market, and you will have wilder volatility than you could ever imagine.  Shocked  We haven't seen nothing yet!   If you think April was volatile, just wait... Roll Eyes  I'm sure it will happen again.
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