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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 33666. (Read 26713218 times)

member
Activity: 112
Merit: 10
http://www.predictcoins.com/

Perhaps this will be useful in the future to get sentiment and often accurate predictions. .
full member
Activity: 238
Merit: 100
In Gord We Trust
sr. member
Activity: 252
Merit: 250
legendary
Activity: 2674
Merit: 2373
1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
yes better view  Smiley

+tip 420uBTC

Threw in a little (faux) perspective. It brings the older bids & asks inwards and helps separate them a bit.

The really funky picture earlier was just a little too much perspective.
sr. member
Activity: 294
Merit: 250
This bull will try to shake you off. Hold tight!
$120 isn't cheap? 11 million shares and a global economy that we are only hoping to get a small fraction of a percentage of ? $120 is VERY cheap when you factor in the market, incoming VC money, low float, affect on currency/monetary policy, etc. We are talking about a revolutionary game changing technology. Can you come up with something better?  Wink

True, compared to world economy $120 is still cheap. But world domination takes time. Historical growth rate of bitcoin is somewhere around a tenfolding every 1-2 years. That just happened, so chances are low it will happen again anytime soon. A black swan event can ofcourse always occur, a single ambitious billionaire jumping into bitcoin can do the trick, so always be exposed to bitcoin with a decent percentage of your capital.

That being said, chances are higher for it to correct after a bubble than for it to launch into a new one shortly thereafter. So a good portion of your bitcoin capital on the sidelines is rational in my opinion.


legendary
Activity: 1078
Merit: 1006
100 satoshis -> ISO code
You know  the problem?  That the number of actual bitcoins transactions is going down, volume is doing the same and the number of users paying/buying in bitcoins is becoming quickly the same as oct-dec 2012.

These show an uptrend. If they were a price chart you would call the maintrend very bullish

https://blockchain.info/charts/n-transactions?showDataPoints=false×pan=&show_header=true&daysAverageString=7&scale=0&address=

https://blockchain.info/charts/my-wallet-n-users


And those show the opposite

https://blockchain.info/charts/n-transactions

https://blockchain.info/charts/n-unique-addresses

Total number of transaction per day is irelevant matched with the unique one. Why? Satoshi Dice. There are people who are doing hundred of them daily so..


Both show a clear long term uptrend ....

Correct wachtwood.
Using the 7-day avg for smoothing
https://blockchain.info/charts/n-unique-addresses?showDataPoints=false×pan=&show_header=true&daysAverageString=7&scale=0&address=

The peak matches the $266 peak when a lot of coins came into the market from cold storage. Only dipped since then due to lower price stability.
The number of addresses used is exploding upwards in a month by month view.
sr. member
Activity: 350
Merit: 250
This account was recently hacked
legendary
Activity: 2324
Merit: 1125
You know  the problem?  That the number of actual bitcoins transactions is going down, volume is doing the same and the number of users paying/buying in bitcoins is becoming quickly the same as oct-dec 2012.

These show an uptrend. If they were a price chart you would call the maintrend very bullish

https://blockchain.info/charts/n-transactions?showDataPoints=false×pan=&show_header=true&daysAverageString=7&scale=0&address=

https://blockchain.info/charts/my-wallet-n-users


And those show the opposite

https://blockchain.info/charts/n-transactions

https://blockchain.info/charts/n-unique-addresses

Total number of transaction per day is irelevant matched with the unique one. Why? Satoshi Dice. There are people who are doing hundred of them daily so..


Both show a clear long term uptrend ....
hero member
Activity: 826
Merit: 501
in defi we trust
You know  the problem?  That the number of actual bitcoins transactions is going down, volume is doing the same and the number of users paying/buying in bitcoins is becoming quickly the same as oct-dec 2012.

These show an uptrend. If they were a price chart you would call the maintrend very bullish

https://blockchain.info/charts/n-transactions?showDataPoints=false×pan=&show_header=true&daysAverageString=7&scale=0&address=

https://blockchain.info/charts/my-wallet-n-users


And those show the opposite

https://blockchain.info/charts/n-transactions

https://blockchain.info/charts/n-unique-addresses

Total number of transaction per day is irelevant matched with the unique one. Why? Satoshi Dice. There are people who are doing hundred of them daily so..
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
legendary
Activity: 1078
Merit: 1006
100 satoshis -> ISO code
You know  the problem?  That the number of actual bitcoins transactions is going down, volume is doing the same and the number of users paying/buying in bitcoins is becoming quickly the same as oct-dec 2012.

These show an uptrend. If they were a price chart you would call the maintrend very bullish

https://blockchain.info/charts/n-transactions?showDataPoints=false×pan=&show_header=true&daysAverageString=7&scale=0&address=

https://blockchain.info/charts/my-wallet-n-users
legendary
Activity: 2324
Merit: 1125
Please don't start the hoarding discussion again. That discussion is moot, use the search function please. (Oh and if you are a Keynesian all hope's lost for you anyway Wink)
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
yes better view  Smiley

+tip 420uBTC
legendary
Activity: 1148
Merit: 1018
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 1442
Merit: 1000
Antifragile
It should not be about hoarding.

That's my point also , but I bet 99% think (and do) otherwise.

Early one people seem to be doing two things:
1 - Have a BTC savings account (e.g. paper wallet, etc.)
2 - Have a spending account (e.g. - client, e-wallet, android apps, etc.)

At this point in time it seems the users are also trying to spend their BTC's with #2 but they are also holding (hoarding?) for the future. But I don't see that as a long term problem. As the price goes up people will start selling. That has already begin. It is a sort of distribution system. We don't want "wall street" buying things up at these low levels.
hero member
Activity: 826
Merit: 501
in defi we trust
Comprehend this Cheesy



It clearly shows that time, space and bitcoins are relative.
hero member
Activity: 826
Merit: 501
in defi we trust
It should not be about hoarding.

That's my point also , but I bet 99% think (and do) otherwise.
full member
Activity: 238
Merit: 100
In Gord We Trust
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