Author

Topic: Wall Observer - MtGoxUSD wall movement tracker - page 383. (Read 1811605 times)

member
Activity: 79
Merit: 10
I declare, that if the price goes to $1 trillion this year, I will sell all but 1 of my Bitcoins (for that price obv).
If the price gets that high it will be because a loaf of bread costs several hundred billion dollars.

A bitcoin for only a few loaves of bread? Those are really cheap bitcoins!
legendary
Activity: 1400
Merit: 1013
I declare, that if the price goes to $1 trillion this year, I will sell all but 1 of my Bitcoins (for that price obv).
If the price gets that high it will be because a loaf of bread costs several hundred billion dollars.
hero member
Activity: 728
Merit: 500
In cryptography we trust
Just wanted to share that it is impossible to get any work done this way!

Every time I check back I've missed another ATH


Wait in that case I guess I better leave again!

Have fun  Cheesy
legendary
Activity: 2324
Merit: 1125
Depth warning: <44k BTC to $1 trillion.

LAST CHANCE TO BUY UNDER THIRTEEN DIGITS!

 Cheesy

I declare, that if the price goes to $1 trillion this year, I will sell all but 1 of my Bitcoins (for that price obv).
vip
Activity: 756
Merit: 503
hero member
Activity: 533
Merit: 500
$89 down.  1.5K to $90!
hero member
Activity: 784
Merit: 1000
bitcoin hundred-aire
Depth warning: <44k BTC to $1 trillion.

LAST CHANCE TO BUY UNDER THIRTEEN DIGITS!

 Cheesy

It is pretty interesting that there's only <44k BTC left on the entire ask side... Smiley
hero member
Activity: 533
Merit: 500
Oh yeah Wink



legendary
Activity: 2492
Merit: 1491
LEALANA Bitcoin Grim Reaper
Depth warning: <44k BTC to $1 trillion.

LAST CHANCE TO BUY UNDER THIRTEEN DIGITS!

 Cheesy
member
Activity: 79
Merit: 10
Depth warning: <44k BTC to $1 trillion.

LAST CHANCE TO BUY UNDER THIRTEEN DIGITS!
hero member
Activity: 784
Merit: 1000
bitcoin hundred-aire
Depth warning: <20k BTC to $100.

LAST CHANCE TO BUY IN DOUBLE DIGITS!
legendary
Activity: 1025
Merit: 1000
Wall report: ~3k BTC left below $90

And no major walls in sight...

hero member
Activity: 784
Merit: 1000
bitcoin hundred-aire
Wall report: ~3k BTC left below $90
legendary
Activity: 1666
Merit: 1057
Marketing manager - GO MP

Only the bears seem to be ignoring/not understanding the fundamentals, which is why I guess only the bears have been seeing a bubble since the 20s

I'd say I've seen a couple of small bubbles. The thing is that a bubble deflating in the face of an underlying increase can still lead to a positive gradient.

And don't forget, there can be negative bubbles too. Less likely with fedgov running the presses until they glow red hot but nonetheless...

The thing is, there certainly are the right conditions for a bubble. Too much cash with nowhere to go. OTOH BTC is undervalued right now so cash may not be inflating a bubble, just inflating a ball to the right pressure.

This is Bitcoin in my eyes right now:



nah, more like a slime mold:



I think it's more like a can of slurm.

donator
Activity: 2772
Merit: 1019

Only the bears seem to be ignoring/not understanding the fundamentals, which is why I guess only the bears have been seeing a bubble since the 20s

I'd say I've seen a couple of small bubbles. The thing is that a bubble deflating in the face of an underlying increase can still lead to a positive gradient.

And don't forget, there can be negative bubbles too. Less likely with fedgov running the presses until they glow red hot but nonetheless...

The thing is, there certainly are the right conditions for a bubble. Too much cash with nowhere to go. OTOH BTC is undervalued right now so cash may not be inflating a bubble, just inflating a ball to the right pressure.

This is Bitcoin in my eyes right now:



nah, more like a slime mold:

legendary
Activity: 2576
Merit: 2267
1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k

I agree.  This makes much more sense.

I don't understand. Must be a cultural thing.
hero member
Activity: 533
Merit: 500
Has Bitcoinity been stalled for anyone today?  Normally it refreshes pretty often but seems to be broken atm.
full member
Activity: 224
Merit: 100
DigiByte Founder

Only the bears seem to be ignoring/not understanding the fundamentals, which is why I guess only the bears have been seeing a bubble since the 20s

I'd say I've seen a couple of small bubbles. The thing is that a bubble deflating in the face of an underlying increase can still lead to a positive gradient.

And don't forget, there can be negative bubbles too. Less likely with fedgov running the presses until they glow red hot but nonetheless...

The thing is, there certainly are the right conditions for a bubble. Too much cash with nowhere to go. OTOH BTC is undervalued right now so cash may not be inflating a bubble, just inflating a ball to the right pressure.

This is Bitcoin in my eyes right now:


Agreed!
legendary
Activity: 1666
Merit: 1057
Marketing manager - GO MP
To get somewhat back to the discussion a wall pic..



See that buy wall just over 50? Just 1-2 weeks ago you would see these kind of walls much higher in relation to the market price.
hero member
Activity: 533
Merit: 500
Re: valuation, I can only throw out Cell Phones and Internet as being the closest thing to 4 years ago.

Both of them once "out of the bag" have for the most part steadily grown and every day more of the population connects to the Internet.

Doesn't necessarily mean coins will go up forever, but I feel there are strong enough fundamentals to this that whatever "stable" price we reach at will be much higher than now.

Price looks outrageous to barely even 2-3 months ago sure, but then again people certainly don't mind paying $400-700 range for the most successful companies' stocks in the world.  Not quite apples to apples but to me, everything is continuing to show up up up.
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