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Question: What happens first:
New ATH - 43 (69.4%)
<$60,000 - 19 (30.6%)
Total Voters: 62

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26404011 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (174 posts by 3 users with 9 merit deleted.)
spooderman
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April 27, 2014, 09:17:09 PM

very contribution

thanx
Broseph Stalin
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April 27, 2014, 09:17:18 PM

For bears: How long should bitcoin price rise and to what price that we can call this dip over?

I'm sticking with >$550 on high volume. If we're not able to do that, we're not going anywhere.
wachtwoord
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April 27, 2014, 09:17:29 PM

Hahaha @ Much Moon Coming Soon!  Cheesy
macsga
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Strange, yet attractive.


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April 27, 2014, 09:17:39 PM

Sub 2700 on www.huobi.com

Bitcoinwisdom not updating

It's normal. CCMF coming!
cruiser
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April 27, 2014, 09:18:56 PM

Sub 2700 on www.huobi.com
Bitcoinwisdom not updating
Working fine.
macsga
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Strange, yet attractive.


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April 27, 2014, 09:20:25 PM

Have a nice one fellas. Goodnight from Greece.
podyx
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April 27, 2014, 09:23:01 PM

What would convince bears to be bulls and what would convince bulls to be bears?
For bears: How long should bitcoin price rise and to what price that we can call this dip over? - $800 maybe
For bulls: How low must bitcoin fall before someone agree that it will never reach more than 1000USD again until several years from now? - $50
spooderman
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April 27, 2014, 09:23:27 PM

To accept Bitcoin you need to understand Bitcoin and to understand Bitcoin, you need to understand fiat and that's just too much to ask for most people. At least until their bank accounts are being restricted or they're being paid in billion dollar bills.

It will come.

This. Why would people switch when they don't come in to contact with the flaws of the system they are already using?

When getting stuffed into a train on it's way to Auschwitz many probably were thinking, "I should never have stitched that yellow star onto my jacket." And (hopefully!) IBM were thinking "Shit, we should never have helped the Nazis with that punch card system!"
dnaleor
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Want privacy? Use Monero!


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April 27, 2014, 09:23:54 PM

Hahaha @ Much Moon Coming Soon!  Cheesy

LOL

I lik the "secret abbreviations" from this thread:

CCMF
MMCS


Cheesy

Someone should add them to the urban dictionary Wink
adamstgBit
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April 27, 2014, 09:24:41 PM

Have a nice one fellas. Goodnight from Greece.

thanks for dropping by!

later dude.
wachtwoord
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April 27, 2014, 09:26:09 PM

What would convince bears to be bulls and what would convince bulls to be bears?
For bears: How long should bitcoin price rise and to what price that we can call this dip over? - $800 maybe
For bulls: How low must bitcoin fall before someone agree that it will never reach more than 1000USD again until several years from now? - $50

Those numbers lie very far apart.
pjviitas
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April 27, 2014, 09:28:55 PM

What would convince bears to be bulls and what would convince bulls to be bears?
For bears: How long should bitcoin price rise and to what price that we can call this dip over?
For bulls: How low must bitcoin fall before someone agree that it will never reach more than 1000USD again until several years from now?

Everyone has a personal valuation of Bitcoin...the dollar figure where they would take all the spare money they have lying around and buy.

I am sorry to say but that number for me is single digits mainly because fiat does mostly what I need it to do.
wachtwoord
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April 27, 2014, 09:30:51 PM

What would convince bears to be bulls and what would convince bulls to be bears?
For bears: How long should bitcoin price rise and to what price that we can call this dip over?
For bulls: How low must bitcoin fall before someone agree that it will never reach more than 1000USD again until several years from now?

Everyone has a personal valuation of Bitcoin...the dollar figure where they would take all the spare money they have lying around and buy.

I am sorry to say but that number for me is single digits mainly because fiat does mostly what I need it to do.

Steal your wealth?
JayJuanGee
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April 27, 2014, 09:39:11 PM

What would convince bears to be bulls and what would convince bulls to be bears?
For bears: How long should bitcoin price rise and to what price that we can call this dip over?
For bulls: How low must bitcoin fall before someone agree that it will never reach more than 1000USD again until several years from now?

There is always variation with any group, and there are more extremes.



For bears: How long should bitcoin price rise and to what price that we can call this dip over?


The extreme bears will continue to be such; however, if we were to sustain a very slow and incremental rising trendline from now until $3,000 over a few years, many of the bears would convert by the time we reach $1000 or so.





For bulls: How low must bitcoin fall before someone agree that it will never reach more than 1000USD again until several years from now?



The extreme bulls will continue to be such; however, if we were to sustain a very slow and incremental downward trendline from now until $50 over the next couple of years, many of the bulls would convert by the time we reach $150 or so.



derpinheimer
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April 27, 2014, 09:41:46 PM

Did anything ever happen with the bet between rpietila and windjc???
wachtwoord
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April 27, 2014, 09:42:58 PM

Did anything ever happen with the bet between rpietila and windjc???

It didn't happen as far as I'm aware.
kryptopojken
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April 27, 2014, 09:48:25 PM

Did anything ever happen with the bet between rpietila and windjc???

2nd base but no penetration
JorgeStolfi
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April 27, 2014, 09:48:58 PM

What is a dynamometer?  A simple way to construct one is to use a spring and mark equally-spaced lines to indicate how far the spring has stretched.  You can then place a "mass" on the end of the spring and measure the spring's stretch by counting lines.  You then say that "force is the change in the number of lines," but by doing this you are implicitly assuming that Hooke's law holds (that f = k x).  All of physics is a bunch of definitions and equations piled up on top of each other that are self-consistent and that explain what we see in the natural world.  They are human constructions.
Indeed, in another planet perhaps the scientists are underwater barnacle-like beings, so they have no force sensors in their non-existent arm muscles, never invented the lever (and balance scales), pulley, and inclined planes, and never noticed of Hooke's law; until one of them defined force by f = ma and went on to find that this abstract concept obeyed many interestting properties, including Hooke's law and weight = g m.

But that is not how things happened on this planet, sorry.

Satoshi Nakamoto once said [ ... ] When Newton wrote "Principia," he planted the seeds that would change mankind's perception of reality over the next several hundred years.  When Satoshi wrote "Bitcoin: a peer-to-peer electronic cash system," I would argue that he did the same thing.  

I think if you were alive in the days of Newton, you would have been a bishop of the Catholic Church.

Wait, I thought that I was the lone odious heretic in this thread who dared to question the Holy Words of Satoshi (as properly corrected, expanded and interpreted by the numerous Reverend Fathers of the Holy Church  of Bitcoin, who, according to themselves, were appointed by Him to spread the Word and prepare mankind for His triumphant Second Coming).  Wink
PoolMinor
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April 27, 2014, 09:52:48 PM


Everyone has a personal valuation of Bitcoin...the dollar figure where they would take all the spare money they have lying around and buy.

I am sorry to say but that number for me is single digits mainly because fiat does mostly what I need it to do.

Not that every person here uses the almighty USD, here is a calculator to show how much we/you are losing each year.

http://www.dollartimes.com/calculators/inflation.htm

Edit:
$10.00 in 1914 had the same buying power as $233.05 in 2014.
Annual inflation over this period was 3.20%.
podyx
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April 27, 2014, 09:58:56 PM

Inflation is higher then 5% now too right? these powerwankers be trippin
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