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121  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 09, 2017, 06:09:52 PM
For your entertainment and viewing pleasure.

This is the "Gotta-scare-those-average-joes-away" and "See-I-told-ya-so-its-a-bubble-ponzi-scam" portion of the show.

Are you entertained?


lol
and "its disaster, its only like 13 times up since start of this year"
13.times...omg, what a disaster
122  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 04, 2017, 08:43:31 PM
My 2 cents about owners moving this to cloudfare and people complaining with"heavy words"
I wish admin would up donate button and lets see how many complainers would donate, i bet none of them, they would probably just use different complain "he is greedy"

I am pissed on people who complained and not at all on owner
123  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 03, 2017, 03:21:05 PM
its long time since i have been here, and i see bitcoin reached new peaks

how long was i gone? uh...half hour
124  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 03, 2017, 12:32:18 PM
I’m a harder bull than many in this thread.  I have a 5 year price forecast of US$150 - 500k.  The reason is because I believe that Bitcoin has been mischaracterised as an asset when it is really a financial instrument.  In the period 2000 - 2007 the global value of CDOs rose from $69 billion to $1.7 trillion.  Bitcoin could easily do the same except it is starting from a higher base and has the potential for much greater capital inflows and higher market cap because it is also traded by retail investors.   So I put the market cap at $2 trillion to $5 trillion after 5 years.  This is without any disruption of the existing market system - ie the value of the US dollar remains much the same.  I have assumed for these purposes that the number of generated, non-lost, non-dust Bitcoins is somewhere less than 12 million.

I come off as a bear sometimes as I am a big fan of Nicholas Taleb in the book The Black Swan.  Looking for black swans is a bit of a hobby.

In any event, come what may, I enjoy the company of everyone on this thread as we share this historic journey.

Besides your interesting viewpoint, making the highest future price prediction is not what qualifies you as 'a harder bull than many'. Especially during an incredible bull market. Holding on to and accumulating bitcoins, whether it goes up or down (for years), does. Most bulls eventually break and reduce the risk, especially if you have a serious stash.

In short, personally, I'm planning to liquidate half of my BTC stash at the time when the fiat value I will get is enough to allow me to quit my job and pursue an independent career in my field. The other half I will keep, in the hope that BTC will eventually become something much bigger than it already is.

Reminds me of this post ($1200) by former reddit moderator (?) jratcliff63367. And Elwar ($4500). We almost all have our fiat breaking point even on a Bitcoin forum, and I already hate my future self for it. It gets tempting when reducing your holdings by 50% still sets you for life.

To add to the bullish sentiments but as well for the bigger picture, I can recommend reading this article by Miguel Cuneta (Co-founder at Satoshi Citadel Industries (sci.ph): https://decentralize.today/dont-fall-for-the-hype-why-bitcoin-s-10-000-price-doesn-t-reflect-its-true-value-6b42a59fce0a
You sold at 4500 half of bitcoins? was that at time when it went down from 5000 before it 1st reached 5000 ?
Can you give me your thoughts on this, can this be a problem at some point when bitcoin gets bigger and bigger ?
Code:
https://www.rt.com/business/411777-bitcoin-mining-electricity-states-power/
I am not woried to much about bitcoin  hitting the floor, but this article give me some thinking, opened some point of view and possible problem that i didnt saw before (in case if like bitcoin gets 10 times bigger)
My thinking is otherwise bitcoin is still at point where many people still dont even know for it, i am in some middle developed europian country, and i had conversation about bitcoin with like 20 people in last 2 months and only 1 of 20 had some significant knowledge about it, half of them didnt know nothing about bitcoin, so from my point of view i can only see bitcoin going up and up because its getting more and more media coverage and there are so many people who can and will jump in
125  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 02, 2017, 02:57:02 AM
Not sure why but i have a felling I will see soon here some train pictures again Smiley
126  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 29, 2017, 08:50:44 PM
I think with large dips like this bitcoin gets even bigger advantage compared to other cryptos. Other cryptos take more time to "recover".
127  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 28, 2017, 05:28:14 PM
Over 71k unconfirmed bitcoin transactions atm.

is this record high number of unconfirmed transactions? i am checking them a bit in last month and its highest i have seen
128  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 26, 2017, 07:38:47 PM
I was scared to see some strange scenario like 2 weeks ago, because i saw bitcoin going down now, bitcoin cash up (it went over 1600), unconfirmed transactions raising and it looked to me like someone is attacking this website. So there was just a bit of panic on my side
129  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 26, 2017, 12:02:08 AM
Not sure if anyone already posted this, I find it very interesting

John McAfee $8000 Bitcoin is still affordable - BUY it !
Quote
130  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 25, 2017, 05:30:18 PM
haha i just read this somewhere:
Quote

Asking a banker what they think of Bitcoin is like asking a vampire what they think of sunlight.
131  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 25, 2017, 04:14:00 PM
Changelly accepts BTG. Has anyone used them? They look reputable, and cool too.

https://changelly.com/

I'm drooling for some more BTC from the BTG airdrop I got today. Or should I wait for an imminent BTG super-pump?

Used them quite a bit. 9/10 always good and reasonably quick. Occasionally they have delays with LTC or even BTC when Jihan Wu decides to play Bitcoin God.

Just to confirm, for everyone's FYI, that I've just sold some of my BTG using Changelly, and everything went flawlessly, and quite fast for the kind of service it provides. Well done Changelly!

for me personally Changelly will for ever remain as "the biggest ripoff" that anyone did to me on internet. I bought a few months back with credit some crypo and i was absolutely shocked how much fee i paid because i paid with credit card. There was a warning there is extra fee (but at same point they stated their conversion is best on internet), but it wasnt stated what kind of fee will be. I paid  35 to 40% fee as i recall. Ripoff from Changelly. I will never forget them because it was so awfull

Wow, that's a lot of fees you paid, sorry to hear about it! I just did a crypto-to-crypto transaction, in which case the fee is 0.5%, which I think is reasonable. My guess is that credit cards are a risk to them due to chargebacks, so they counterbalance this with high fees. Are the fees still that high for credit cards?

Yes I understand crypto to crypto fee is not big.
I am not sure what kind of fee is now. The problem was because i could not see before making purchase what will be the fee. I only saw total amount that i will be charged, and i know  will be like knowntotalamountcharged=uknowncreditprocessingfee+remainingmoneythatwillbeexchanged
132  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 25, 2017, 03:53:23 PM
Changelly accepts BTG. Has anyone used them? They look reputable, and cool too.

https://changelly.com/

I'm drooling for some more BTC from the BTG airdrop I got today. Or should I wait for an imminent BTG super-pump?

Used them quite a bit. 9/10 always good and reasonably quick. Occasionally they have delays with LTC or even BTC when Jihan Wu decides to play Bitcoin God.

Just to confirm, for everyone's FYI, that I've just sold some of my BTG using Changelly, and everything went flawlessly, and quite fast for the kind of service it provides. Well done Changelly!

for me personally Changelly will for ever remain as "the biggest ripoff" that anyone did to me on internet. I bought a few months back with credit some crypo and i was absolutely shocked how much fee i paid because i paid with credit card. There was a warning there is extra fee (but at same point they stated their conversion is best on internet), but it wasnt stated what kind of fee will be. I paid  35 to 40% fee as i recall. Ripoff from Changelly. I will never forget them because it was so awfull
133  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 24, 2017, 10:02:31 PM
Just wondering why are today so many unconfirmed transactions for BTC? almoust 45k
134  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 19, 2017, 04:12:45 PM
I am new here, but i have been reader here for long time. Recently i decided to sign up. I have question regarding bitcoin cash , Roger Ver and Jihan Wu and last saturday (1 week ago).
I read people accused those two for neat fall of bitcoin and big rise of bitcoin cash. Like i learn 2 methods were used.
1: mining: a lot of mining force was switched to bitcoin cash
2: big amount of "tiny trades"
Now i am not sure which one was more influental, 1 or 2, but if part 2 (large scale small trades) played big role (such thing happened i think also yesterday)....isnt there danger that a lot bigger guys (then Roger and Jihan) could do a lot more damage to fall of bitcoin (Hedge Funds), by rolling down bitcoin to buy it cheap

You. Get to the back of the oven.


I might not much about trading and bitcoin and crypto as you, but I will not post here with sole reason to bully or to insult someone.
I might not be clever as you, but I am sure much better person then you.
135  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 19, 2017, 03:02:19 PM
I am new here, but i have been reader here for long time. Recently i decided to sign up. I have question regarding bitcoin cash , Roger Ver and Jihan Wu and last saturday (1 week ago).

I read people accused those two for neat fall of bitcoin and big rise of bitcoin cash. Like i learn 2 methods were used.
1: mining: a lot of mining force was switched to bitcoin cash
2: big amount of "tiny trades"

Now i am not sure which one was more influental, 1 or 2, but if part 2 (large scale small trades) played big role (such thing happened i think also yesterday)....isnt there danger that a lot bigger guys (then Roger and Jihan) could do a lot more damage to fall of bitcoin (Hedge Funds), by rolling down bitcoin to buy it cheap

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