Wall Observer BTC/USD - Bitcoin price movement tracking & discussion

[JayJuanGee]

Anyone have a link to the google docs chart that circulated around in 2014 outlining a standard technology adoption curve and with bitcoins price mapped along side?

Not quite a google doc but...

http://bravenewcoin.com/news/when-will-bitcoin-cross-the-chasm/


Also

https://bitcointalk.org/index.php?topic=178336.msg7004945#msg7004945


Edit:
?
https://docs.google.com/spreadsheet/ccc?key=0ArD8rjI3DD1WdFIzNDFMeEhVSzhwcEVXZDVzdVpGU2c

Those are all nice, PoolMinor.  

[1714681129]

1714681129

[1714681129]

1714681129

[edgar]

possibly, some of the bigger whales may have decided to pull some of their cash off of the exchange,

Sounds as if you think whales keep the bulk of their coins parked on an exchange? With the propensity of pecuniary pilferers plundering principal, would that not be a particularly problematic proclivity?

potentially

[jeezy]

This is gentleman

Next 24h critical

[JayJuanGee]

possibly, some of the bigger whales may have decided to pull some of their cash off of the exchange,

Sounds as if you think whales keep the bulk of their coins parked on an exchange? With the propensity of pecuniary pilferers plundering principal, would that not be a particularly problematic proclivity?

I generally agree with your description of probable risks. 

I don't really know what are the practices of whales. 

I understand that people are different and they have different motives... and different decision making processes, and some folks are more experienced than others, some more risk loving than others and some folks have more cash than others. 

I also understand that whales will have difficulties bucking momentum in the price direction - and part of the problem with their ability to buck BTC price momentum would be based on how much BTC or fiat they want to keep on exchanges and for how long they want to keep coins on exchanges. 


Remember a few weeks ago, there was a BTC network spam attack that caused a couple of days for coins to arrive (and would not have mattered if you paid more fees, the transactions were not going through for quite a while), and that could really screw some folks up, if they were hoping to transfer coins in a timely manner in order to take advantage of price movement (or to dump coins to stop the price from going up).

I do know that generally people can move coins a lot more quickly than fiat (except for when there is a spam attack on the BTC network that may cause a day or two delay), so I was mostly talking about the extent to which fiat may be kept on an exchange in order to rapidly buy bitcoins or to push up the price based on buying.

[Spaceman_Spiff]

possibly, some of the bigger whales may have decided to pull some of their cash off of the exchange,

Sounds as if you think whales keep the bulk of their coins parked on an exchange? With the propensity of pecuniary pilferers plundering principal, would that not be a particularly problematic proclivity?

The trick is to transfer to thy trusted Trezor to truly thwart the thieves.

[hv_]

Anyone have a link to the google docs chart that circulated around in 2014 outlining a standard technology adoption curve and with bitcoins price mapped along side?

There are some threads here. I ve done a simple log log chart normalizing the exponential adoption very good:



https://bitcointalk.org/index.php?topic=800330.msg17016542#msg17016542


Yes I need to update this and add a proper timescale at bottom...but you can imagine, below 1000 = nothing happened!

[kurious]

possibly, some of the bigger whales may have decided to pull some of their cash off of the exchange,

Sounds as if you think whales keep the bulk of their coins parked on an exchange? With the propensity of pecuniary pilferers plundering principal, would that not be a particularly problematic proclivity?

Perfectly plausible probability...

[sirazimuth]

possibly, some of the bigger whales may have decided to pull some of their cash off of the exchange,

Sounds as if you think whales keep the bulk of their coins parked on an exchange? With the propensity of pecuniary pilferers plundering principal, would that not be a particularly problematic proclivity?

Perfectly plausible probability...

potentially, a perfectly plausible probable possibility......ok thats enough

[Raja_MBZ]

Bitcoin is definitely going crazy, I sold few of my bitcoins last night which I use for trading, thinking that I will buy some cheap tomorrow morning, but it seems like it has continued its bounce.

I don't want bitcoin to bounce when I'm low at it!

[ErisDiscordia]

Bitcoin is definitely going crazy, I sold few of my bitcoins last night which I use for trading, thinking that I will buy some cheap tomorrow morning, but it seems like it has continued its bounce.

I don't want bitcoin to bounce when I'm low at it!

Well, here is your chance to rebuy!

[DARKHOLDER]

Sell now or cry tomorrow

[kludzins]

Sell now or cry tomorrow

Relax. Party just started   

[LFC_Bitcoin]

Bitcoin is definitely going crazy, I sold few of my bitcoins last night which I use for trading, thinking that I will buy some cheap tomorrow morning, but it seems like it has continued its bounce.

I don't want bitcoin to bounce when I'm low at it!

Bit of a correction going on at the moment brother, what are you waiting for? Opportunity to buy before we resume this relentless charge upwards.

[yefi]

Come on Lambie, we all know you're lurking with your Tinkerbell or Schlitzie for that $10 drop 

[LFC_Bitcoin]

Come on Lambie, we all know you're lurking with your Tinkerbell or Schlitzie for that $10 drop  

I think he/she was too busy yesterday with 'Bitcoin Ponzi comes crashing down, epic crash, screws its investors, 2017 crash' type threads

[Globb0]

[toknormal]

I sold few of my bitcoins last night which I use for trading, thinking that I will buy some cheap tomorrow morning

I always wondered what possesses people to do that.

This isn't just some minor "rise". This is a 3 YEAR consolidation concluding in a strategic breakout to the upside. It might not correct now till the mid 1000's (i.e. $1500) and thats being conservative IMO. When you look at historical breakouts after long periods of consolidation it should go to around $6000, correct back to $2000 than stabilise around $3000.

I've no idea any more than the next person where this is going but it's probably the least profitable time in history to be dumping or shorting bitcoin IMO Not to mention that there are ETF's in the works, Lightning news to come new adoption from the capitalisation etc.

I'd say, if you've got it, hang onto it !

[Torque]

Looks like open highway to $900.  Will have to see if the Jews try to implode it and form a double top in the $1000s or if they want to force people into bitcoin instead of gold and silver and thus allow it to keep going to the moon.  Silver market is not much bigger than bitcoin so at some point they're either coming after bitcoin too, or they'll want everyone in bitcoin instead since it's easier to regulate and tax.

Yes but in order to control bitcoin, they first need a ETF/derivatives market for bitcoin so they can inflate the crap out of it and gain control of all the levers. But no real such market for bitcoin really exists yet.  So the best they can do is slow down the growth of bitcoin. And the best way to do that? Pump it to the moon, then crash it.  Makes people stay away for a while.  

[European Central Bank]

Isn't it easier to keep it permanently suppressed?

If you initiate a bubble it's hard to know where it might end.

Utter boredom is better at wiping out hope than a crash.

[Spaceman_Spiff]

Consolidating for a day seems in order.