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1021  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 19, 2017, 11:15:41 PM
I believe BTC is going to go down hard, together with ETH.

Possible 3000$ in my view or even to 2800$.


What is going to spark this supposed additional crash? Didn't we already have a crash?  Sure, I believe that there is always a possibility of a double bottom; however, are you predicting "crash" based on the fact that you sold (or shorted) below $3300 that is going to cause this?  hahahaha   Cheesy Cheesy Cheesy

Good luck with getting your coins back.   Tongue

I'd rather be asking what has caused the latest price rally? And was it justified?

Sure segwit got activated ,but that is not worth 25 billion $, and the lightning stuff is still far away in my view.

It's not that a crash is going to happen in my view, but rather that the unjustified earlier price rally is about to get normalized.

Bitcoin at 2500$ is a decent valuation given it's current status (still many backlog transactions) but it's not worth 5000$ now , no way.




Yes I think by the end of the year it might be 5000 or even 6000$ together with ETH back to 400-500$

But in approx 100 days (+/-) it will be worth $5-6000 ?  Huh  

Guess 100 days changes a lot of "no way"



There are rumors of LN activating by the end of the year, that is what I am basing my assessment on. Plus there an actual demand for BTC could happen if this Chinese ETH ban stuff turns really south, Bitcoin could be a safe haven.

There are indeed rumours of LN activating (market begun pricing this in)

There are also rumours that BTC is going to be worth more in 2 years time than it is now....

Funny thing "value" and "worth" and"price"

Funny thing indeed.


There already is an actual demand for BTC imo - there will be a greater demand -no doubt the price will over shoot -and correct - many times-  markets do what markets do - then  ratchet up to new levels

I don't discount  another retest of recent lows...nor the highs.

Currently still undervalued IMO



1022  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 19, 2017, 10:54:10 PM
I believe BTC is going to go down hard, together with ETH.

Possible 3000$ in my view or even to 2800$.


What is going to spark this supposed additional crash? Didn't we already have a crash?  Sure, I believe that there is always a possibility of a double bottom; however, are you predicting "crash" based on the fact that you sold (or shorted) below $3300 that is going to cause this?  hahahaha   Cheesy Cheesy Cheesy

Good luck with getting your coins back.   Tongue

I'd rather be asking what has caused the latest price rally? And was it justified?

Sure segwit got activated ,but that is not worth 25 billion $, and the lightning stuff is still far away in my view.

It's not that a crash is going to happen in my view, but rather that the unjustified earlier price rally is about to get normalized.

Bitcoin at 2500$ is a decent valuation given it's current status (still many backlog transactions) but it's not worth 5000$ now , no way.




Yes I think by the end of the year it might be 5000 or even 6000$ together with ETH back to 400-500$

But in approx 100 days (+/-) it will be worth $5-6000 ?  Huh  

Guess 100 days changes a lot of "no way"

1023  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 19, 2017, 02:46:39 PM
The combined forces of Roger Ver, John Mcafee and Jihan Wu are far, far greater than anything




1024  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 19, 2017, 12:09:47 PM
I am paranoid of everything today   Shocked
1025  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 19, 2017, 12:09:09 PM
hmmmm - people setting 2nd neewb accounts for 2nd date guesses?
1026  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 19, 2017, 11:28:14 AM


John McAfee‏Verified account @officialmcafee  15h
 "Yes. Get your head out your ass. I am a realist. Developers have never had power. they can be replaced. How do you replace Jihan? Get real."

https://twitter.com/officialmcafee/status/909728256068173824


 Angry


 Cheesy Cheesy Cheesy Cheesy Cheesy

John has been brainwashed.


(oh and bonus from tweet "Jihan Wu enlightening Roger Ver and Myself about China's cryptocurrency intent at my birthday party in Hong Kong."   hmmmmmmmmmmmm has this entire Bcash thing been part of a bigger Chinese plan ? which the recent bans are all part of? what are these sneaky ferrets up to?)


John seems to fail to realise that miners can and will be replaced, and mining manufacturers too- it is literally about to happen (Japan for one) we  can live without China, without Bitchmain, without Chinese miners... all of that is replaceable and not just replaceable but with an upgrade (legalised , no bureaucracy in Japan the home of tech - not the imitators - amongst others)

But John seems to think good solid Devs are easily replaceable  and not important.

I think John is proving to be a bit of a Douchette.....
1027  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 19, 2017, 11:16:04 AM

civil war not only @bitcoin:

Quote
World Wide Web Consortium abandons consensus, standardizes DRM with 58.4% support, EFF resigns

https://boingboing.net/2017/09/18/antifeatures-for-all.html

Ergh, W3C goes darkside, that's depressing.


yes..... yes it is
1028  Economy / Speculation / Re: China banning bitcoin is the oldest trick in the book on: September 18, 2017, 11:56:17 PM
I'm not gonna like, I would like our current situation to end exactly in the same way as every stupid Chinese FUD from the past.
But what if ICO+yuan/BTC trading is beginning of something much more problematic? What if other countries will follow and ban BTC trading altogether?
I know it is kinda overreacting on my part but if China can ban bitcoin trading, then maybe others might follow - and I feel like this is what general public may think too.

What else is banned in China?

Make a list.

Wink

Then relax

(ps China is pulling a double bluff here somehow... things are not as they seem..)
1029  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 18, 2017, 10:25:02 PM
missing pants

I see you have taken her pants too...

Is ANYONE safe around you?

1030  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 18, 2017, 10:11:40 PM
Who sold at the bottom? Lips sealed

you?  Angry
1031  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 18, 2017, 07:28:39 PM
I was told cheap coins?  Shocked Roll Eyes

These are cheap coins...

It's just that he wanted the cheaper coins.

You can't always get what you want...

But if you try sometimes.... you might just find...

You get what you need.

1032  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 18, 2017, 07:10:28 PM
I kinda agree with 404Revolution on Max Keiser though, in that he had me believing he was one of us right up until that whole MaxCoin fiasco.

You can't believe in Bitcoin as a single, consolidated worldwide payment system, and then simultaneously actively seek to compete/usurp/undermine it by launching another coin version or fork with your own fkn name on it.

I mean, just how narcissistic is that guy? And it shows that all he cared about at the time was money. It forever put a stain on his rep as anti-establishment "truth teller". Just goes to show that you can't let your guard down on these tv personality types, even if they are out there preaching things that you happen to agree with.

Its not actually Max's coin though - its two chaps from London that actually created the coin - as a "tribute" to Max (and no doubt so he would shill it- which for sure he did)

But don't forget Max  was screaming at the world to buy BTC when it was $2 and he never stopped to this day.

I find the goofy chap to be quite refreshing for a TV personality (I hate sanitised television all scripted and patronising)

He ain't a god- but he does have some excellent guests, and he does come out with some  gems now and then... he ain't all bad IMO - he is not exactly a noob or a dimwit

I never touched MaxCoin

(ps Max is also just pro-crypto and blockchain- not just BTC)

(pps lumping Max Keiser and Donald Trump in with Pairs Hilton is a bit much too imo - you can dislike them both but its apples and oranges)

1033  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 18, 2017, 06:19:05 PM
At what point would we leave "return to normal" behind?



Pretty sure it's the Despair part that happens next. :/


hmmmmm....


Can you tell  me where you think the price was at "take off" during "awareness stage"  and  then tell me exactly who those institutional buyers were at that time... as per the chart?

V curious.

Accordingly we still don't have significant "institutional money" so would this not put us somewhere far further back on the chart?

Serious question... what significant institutional investors money was getting in at say $200?  because as far as I remember - institutional money was about as interested in BTC as dogshit- until very recently -and even recently they have surely hardly even dipped their toe? or can you point to where institutional investors came in? and who  do you suppose those institutional investors are ?

Curious as to your logic.

Or do you just mean we are about to reach a despair phase in a lesser cycle?

(ps also I hear an estimate that there are 300,000 people that hold more than a whole  Bitcoin-are you saying that the "Public" have been buying already? again I don't see it yet- do you suppose it could be that we are much further back on the chart - I ask again?)

(pps- could it be that we are still taxiing on runway - prior to take off?)

(or could it be that one size fits all generic charts - just are not accurate models?)
1034  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 18, 2017, 06:13:50 PM
Roach... (triggered)

Do you need a hug ?
 
You seem unable to be decent? ever- do you struggle with communicating in RL too?



1035  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 18, 2017, 06:02:23 PM
1036  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 18, 2017, 05:52:53 PM
I was told cheap coins?  Shocked Roll Eyes

These are cheap coins...

Ask your future self

Stick a note in your diary for 18/09/2019  saying "Today on 18/09/2017 Bitcoin was $3980 - Are these cheap coins?" and then we can have a chuckle when the time comes.
1037  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 18, 2017, 05:18:54 PM

What's the relevance? No crypto support that I can detect:

Quote
You can pass in any three characters and it will be treated as a valid currency code.The reason for this is that it allows support for future currencies. For example, Bitcoin can be supported with its currency code 'XBT'.

you just twisted my brain into a knot

Why? What they are saying is that Bitcoin is currently 'supported' exactly the same way that any three random characters are 'supported'. How usable is that? Zero. Zero usable. It's a machine with:
a) a gozinta that fits Credit Cards, a gozouta that fits Credit Cards, and machinery that converts that CC  gozinta to a CC gozouta; and
b) a gozinta that fits Bitcoin, with no corresponding gozouta, and no mechanism for converting the Bitcoin gozinta into anything.

Well, I guess it provides some titilation...

okey dokey then

(use your imagination... think forward in time)



I need some wood- but all I can see is these fricken' trees.

A step closer to =  https://news.bitcoin.com/bitcoin-one-click-soon-web-standard/  

It is relevant...

And imagine - even BCH will be an option ..... shock horror etc


(TBH W3C even mentioning Bitcoin - far less allowing/encouraging for its integration is kind of a big deal... and this is a milestone towards further mass integration...it is as plain to see as all the wood in that there forest)
1038  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 18, 2017, 04:41:21 PM
Going to go with "so the f*ck what" and "good luck with that"

Hey, I'm a long HODLer. I'm just sayin', these swings be causing really bad gas and stomach cramps. Worse than eating at the DQ in Butte.


I know sir ,
Interesting Survey today lendedu.com/blog/bitcoins-role-in-the-American-economy/

Covered 1000 Americans
78.6% had heard of Bitcoin
10.69% incorrectly believe owning bitcoin is illegal
47.71% weren't sure if owning it was illegal or not
85.37% have never owned bitcoin

So let's get out there and educate our American friends that bitcoin is not and has never been illegal. And get that adoption number up out of the low teens.

If we ever see it ..... K.im ,megaupload2 and Bitcache may bring a little attention amongst the "unbitcoined" demographic....
1039  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 18, 2017, 04:27:54 PM

What's the relevance? No crypto support that I can detect:

Quote
You can pass in any three characters and it will be treated as a valid currency code.The reason for this is that it allows support for future currencies. For example, Bitcoin can be supported with its currency code 'XBT'.


..........

The relevance is newly developed payment request API being deployed - W3C  has been working on it for some time (since 2013) It will improve checkouts - and be usable and inter-operable across all major browsers- and in app social media platform browsers....in a push towards standardising payment methods - a push towards currency agnostic web payment standard to streamline checkout and user experience... and seeing as BTC is touted as a means of sending value online-  it is relevant.. its Bitcoin- its Google-its W3C it Chrome, Edge Firefox-facebook its the fricken internet. The fact they even use XBT as an example is enough- but the I hope understood implication of "build it and they will come" should make sense to you...

Do you honestly think they decided to simply use XBT as an example for no reason..?  methinks not.

Sure as  of today right this second -it doesn't mean much- but the implication is obvious? non?

Today - right now does it allow for receiving BTC payments using the payment request API- no.. (well yes actually, people just need to start coding and integrating it;) but will it in say 6-9 months have been rolled out- yes I believe so!!  - this has just been released as a stable build expect coders to code and businesses to integrate.. and as it has the capability to support "future currencies" whaddya suppose they are referring to? SDR's? (lol)

It is just another step towards mainstream and ubiquity and general acceptance.

I thought a cryptocurrency thread was a relevant enough place for it - outside of a google developers forum-maybe its just me?


1040  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 18, 2017, 03:45:45 PM

What's the relevance? No crypto support that I can detect:

Quote
You can pass in any three characters and it will be treated as a valid currency code.The reason for this is that it allows support for future currencies. For example, Bitcoin can be supported with its currency code 'XBT'.


you just twisted my brain into a knot
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