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3621  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 20, 2017, 11:59:22 PM
The most expensive I've seen for purchase were all south of 100k. Read a few articles about >100k auctions, but there's no way for me to really confirm those anyways, so eh.

Wouldn't be surprised if there were ~300k bottles around though, given the rarity of some bottles and the ridiculous lumps of cash that some people have.

At least in ~10-20 years every Bitcoin will get me one of those.
3622  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Is Ethereum a bubble? on: November 20, 2017, 11:55:41 PM
why not asking about all others crypto, are they bubble? about any asset in this area you can so ask, and no one will say for sure
Well, most other cryptos (keep in mind there are 1000+) are just outright scams, so you can't even really start speaking about bubbles with those.
3623  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 20, 2017, 11:53:44 PM
I am really wondering then this bullish run is over.

Can't grow about 500-1000 USD / month forever ...

Though I would like it to keep going for some time Cheesy

On the other hand: If 2018 is anything like 2017 there will be a couple of more millionairs on the horizon Cheesy


There may be quite a few BTC HODLers who are trying to contemplate very important status definitions, such as how much over one million is required in order to be classified as a "multi-millionaire"?  

Is it 2 million or 3 million?  or is it some other number that would cause such "changed classification?"


 We have already had HODLers participating in this thread who have been contemplating very important life matters, such as what price would be needed to say "fuck you?"  

What profound questions we ask here in bitcoinlandia, and in this WO thread, in particular, to the extent that we are not distracted in this thread and in our contemplations by big blocker troll nut jobs and other "bitcoin NOT" wannabes.... hahahahaha   Cheesy Cheesy Cheesy
I've been contemplating how much longer it would take before I could sip any scotch without giving a damn about the price.
3624  Bitcoin / Bitcoin Discussion / Re: Bitcoin reaches a record level, surpassing $ 6,000 on: November 20, 2017, 11:29:24 PM
Almost over nine thousand now.
3625  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 20, 2017, 11:27:19 PM
So right this split second if you're on the right markets - Bitcoin + BCH + BTG + BTX = $10,200 ish.
Without all the splits McAfee would almost certainly be eating his dick soon.

The other way round.
Spell it out for me like I'm 5 please.
3626  Other / Politics & Society / Re: KIDNAPPING is LEGAL as long as you dont harm them ?? on: November 20, 2017, 11:24:26 PM
This country is such a joke. I had friends in high school who lived in the Philippines and told me all about it. This was 30 years ago.. It seems like things only got worse. So what's the solution? I don't see one.
Not pay attention to it and focus on developing countries that aren't full of idiots who would support a criminal like Duterte.

At some point they will either realize that the rest of the world is vastly superior to their stupid dumbasses and adapt, or they will eradicate themselves off the map and free up resources.

While the first scenario would be the best, the second one would still result in a net positive for humanity and the planet.
3627  Bitcoin / Bitcoin Discussion / Re: Are you surprise by bitcoin price now? on: November 20, 2017, 11:20:09 PM
Yes, it's extremely unpredictable  Undecided

For early adopters who stepped in few years ago and have 100x profit it's just a matter of closing their eyes. For newcomers the risk is a magnitude larger since buying even a single Bitcoin is expensive. Still, some people say Bitcoin can go to $200,000 or even beyond. If that's true buying and closing your eyes is the best strategy no matter how hard it is.
That argument doesn't really hold because you can buy fractions of a Bitcoin.

I mean the amount of risk per Bitcoin whether it's whole or fractional.

If you take the market cap into account it takes a lot more money to go from $8000 to $200,000 than from $320 to $8000. It's harder, therefore less probable and therefore has a higher risk.
It could easily be argued that it is much easier for Bitcoin to climb to $200k and higher than it was for Bitcoin to reach where it is at now.

After all, Bitcoin was a fringe technology that has been labelled as a scam and ponzi left and right for years.

Now that Bitcoin is out of that storm and actually backed up by many very prominent figures it will be much easier for it to reach its potential, which is well beyond $200k per coin.
3628  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 20, 2017, 11:14:43 PM
So right this split second if you're on the right markets - Bitcoin + BCH + BTG + BTX = $10,200 ish.
Without all the splits McAfee would almost certainly be eating his dick soon.
3629  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 20, 2017, 10:58:13 PM
It's probably a good idea to read about futures to understand how they can affect the underlying commodity. If there is a price difference, people can make a profit by arbitrage. Who knows what the volume will be on CME or whether that volume will be enough to move the bitcoin price.

https://www.investopedia.com/university/futures/
https://www.investopedia.com/terms/c/cash-and-carry-arbitrage.asp

Yes but this will still be people "buying" bitcoin without actually really having any coin, I don't like it
From your perspective there is very little difference from people purchasing Bitcoin or altcoins on an exchange. Do you dislike exchanges as well?
3630  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][ICO] 🔥Tokugawa Coin 🔥 Japanese Masternode 🔥1000% ROI🔥Buy in ICO on: November 20, 2017, 10:56:47 PM
Nobody is talking about this scamcoin, lmao
3631  Economy / Speculation / Re: Bitcoin is falling, But don't worry! on: November 20, 2017, 10:53:21 PM
Now the bitcoin is up $ 8000, which is good news for investors.
And I think the bitcoin will be $ 9000 by the end of 2017
Might be over $9000 by the end of November at this rate.
3632  Bitcoin / Bitcoin Discussion / Re: Are you surprise by bitcoin price now? on: November 20, 2017, 10:52:16 PM
Yes, it's extremely unpredictable  Undecided

For early adopters who stepped in few years ago and have 100x profit it's just a matter of closing their eyes. For newcomers the risk is a magnitude larger since buying even a single Bitcoin is expensive. Still, some people say Bitcoin can go to $200,000 or even beyond. If that's true buying and closing your eyes is the best strategy no matter how hard it is.
That argument doesn't really hold because you can buy fractions of a Bitcoin.

And yes, $200k isn't really a big price for something like Bitcoin, but nobody knows if we'll manage to ride all the way up there and beyond.
3633  Alternate cryptocurrencies / Speculation (Altcoins) / Re: BTC is dead. The plan is a shift to Bitcoin Cash. on: November 20, 2017, 10:50:19 PM
BTC's death is the death of the entire market. BTC is the only rival, Ethereum.
Not necessarily, bad things happen in real life.
New things are coming and this first wave raised awareness about Blockchain, and its possibilities. In the next few years market will be flooded with new coins, forks..
Another thing - never say never.

It is true that can happen anything. The technological revolution every day brings us new solutions and pushes the world forward. However, I belive if the developers focus on improving Bitcoin itself and not on creating new coins then the Bitcoin will be immortal. Wink
Considering all the features that are being discussed for Bitcoin Core, it might actually remain at the top for a very long time.
3634  Economy / Trading Discussion / Re: Stocks or crypto ? which has great future? on: November 20, 2017, 10:45:39 PM
this is kind obvious. cryptos have much more prospective value I think.
there are a lot of shit coins indeed but it is same for stocks as well.
I would say coins involve higher risk but much higher returns.
No, it is not the same for stocks as well. Stocks are subject to very thorough DD processes and regulation, cryptos are not.

There are far less shit stocks than there are shitty altcoins and stocks in general are much safer than cryptos.
3635  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][ICO] 🔥Tokugawa Coin 🔥 Japanese Masternode 🔥1000% ROI🔥Buy in ICO on: November 20, 2017, 10:44:10 PM
Its great.., more and more MN a live now. It will be good news in a couple days.
When You'll see TOK at 10$ You'll have the worst day of your life....
Only plebeians care about money that comes from scams and ponzis.
3636  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN][ICO] SONM: Supercomputer Organized by Network Mining on: November 20, 2017, 10:43:22 PM
Is the roadmap being updated? According to it we should be on v0.3 arch.

I’m thinking of increasing my holdings so keen to see where were at.
So far the roadmap has been updated once per month with new details.

I recommend watching their latest Youtube Q&A, gives very deep insight.
3637  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 20, 2017, 10:38:36 PM
Coming soon...
New details have been posted about CME Group's upcoming bitcoin futures, which – barring any delays from regulators – will start trading on Dec. 11:
https://www.coindesk.com/cmes-bitcoin-futures-likely-start-trading-december-11/

I hope I'm wrong, but I have a really bad feeling about this one... I can't put my finger on it exactly.
They are trading something derived from bitcoin, not bitcoin itself. Which means it's fictional which means fractional reserve.
It might still have an impact on the real market though... Crypto is a massive clown fiesta after all.
3638  Alternate cryptocurrencies / Announcements (Altcoins) / Re: ANN [MCO] MONACO #1 Cryptocurrency Payments Card on: November 20, 2017, 10:35:08 PM
this coin is the perfect example of why the crypto market is irrational
It really is. Even when confronted with hard facts people still stick with ridiculous nonsense in hopes of making a quick buck.
3639  Economy / Trading Discussion / Re: Stocks or crypto ? which has great future? on: November 20, 2017, 10:32:36 PM
To be honest I would buy crypto and stocks. In fact, I made good returns on crypto and Im still hodling, but I also applied for traditional trading account and I plan to invest in stocks apart from crypto. I believe DIVERSIFICATION is the key to get rich.
Diversification is the key in staying rich. You only need a fairly small amount of strong picks to become a millionaire. The real game starts when you'll start getting to a point where you want to spend your fortune, while at the same time making sure that you will not lose everything. If you're aiming for a net worth well over 100 million things become a bit more complicated as well at least in part because of liquidity and volume.
3640  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN][ICO] SONM: Supercomputer Organized by Network Mining on: November 20, 2017, 10:29:05 PM
It has been several months now. SONM price continues to gain 1 U.S. cent per month since July and that looks like stable increase to me. Stop looking at the BTC value cuz Bitcoin is in frenzied rally right now. The real value still continues to go up and under the radar of many traders.
I think it's still important to consider the BTC value, both for investors and for traders. After all, BTC will be your benchmark for your crypto portfolio. I wouldn't get too hung up about it, especially when investing. But you should at least know how you've performed against the most important benchmark so you can think of ways to improve yourself even further.

I totally agree. Many people misinterpret the prices because they arent monitoring how their investment performs against BTC, but as most coins are traded against BTC one should always orient himselve on it. Just looking at USD prices makes no sense in my humble opinion. For example could your altcoin portfolio be worth now the exact same USD value as in september, but the BTC value will be drastically decreased. Now do the math and calculate how much BTC you would own if you wouldnt have bought the alts with that BTC and then look how much this BTC amount would be worth in USD (yes in this case it is the right way to evaluate BTC, because BTC is traded in high volume against USD). After this easy calculation one should see if he profitted, stayed at the same level, or if he actually (as in most cases with alts) made a loss. Not speaking against alts here! I love alts!

Couldn't agree more! I remember at the beginning of the year when I bought my first 0.5BTC for about 500 bucks. Less than three days later that 500 bucks was worth 350. My btc amount hadn't decreased however. Same thing goes for alts. In less than 2 months I think the alts will have regained the upper hand, and bitcoin will be again below 50% market value
The thing with Bitcoin is that it's competing against over 1000 altcoins. So 50% is an incredible feat. Even 10% would be massive given the amount of competitors.
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