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

[Searing]

Just crack 1k already so I can go back to watching porn.

Ack! PORN and fixing KNC evil Titan miners....jeez........that sounds...creepy (the KNC part)

But agree want it to hit 1000 usd so it can 'stabilize' at say 900 for the next rebound.

[1714998404]

1714998404

[Elwar]

I bought 10 coins in November at approx 700. Is that a small amount compare to other ppl here? Maybe I should buy more?? This is my first post!

 

[600watt]

Just crack 1k already so I can go back to watching porn.

Why not both? Live a little.

always felt bitcoinwisdom was porn  

[BlindMayorBitcorn]

Just crack 1k already so I can go back to watching porn.

Why not both? Live a little.

always felt bitcoinwisdom was porn  

It's been a pretty pornographic Christmas. 

[BlindMayorBitcorn]

I bought 10 coins in November at approx 700. Is that a small amount compare to other ppl here? Maybe I should buy more?? This is my first post!

 

I'm hoping NLC is back to troll us. Best Christmas ever!

[yefi]

I bought 10 coins in November at approx 700. Is that a small amount compare to other ppl here? Maybe I should buy more?? This is my first post!

1,000,000 = Satoshi
100,000 = Sea Monster
10,000 = Whale
1,000 = Shark
100 = Sturgeon
10 = Mackerel
1 = Sardine
0.1 = Plankton

Btw, did you say you were new here?

* yefi whips out his hazing stick

[tonyq]

1,000,000 = Satoshi
100,000 = Sea Monster
10,000 = Whale
1,000 = Shark
100 = Sturgeon
10 = Mackeral
1 = Sardine
0.1 = Plankton

 

[lightfoot]

Watching porn on one screen and BTCWisdom on the other is a bit... disconcerting. :-)

[marcus_of_augustus]

Central Banks of south pacific island nations, small african, asian and south american nations will begin buying bitcoin for settlement and reserves before any of the major nations.

Bitcoin is for the little guys to get into first, the doorways are too small for bigger players and need to grow. Grass roots growth is unstoppable for an idea who's time has come.

[JayJuanGee]

Weak hands get out. Whales don't be greedy, give thine coins for the current price to those who have none.

You have had three years to buy... .... so time to appreciate any pump and hoarding that is occurring (because that is going to cause the price of all coins to go up).. .. in other words, if you failed, refused, forgot or sat on your ass in the coins accumulation process, buy now or cry later.    

I wasn't serious it was just tongue and cheek reverse psychology.

Fair enough...

I do think that there are going to be a lot of folks who are kicking themselves about not accumulating enough coins, or by selling too many at lower prices.

Sold my coins at $500  each.
I feel ill.
 

Exhibit A   

[AZwarel]

Won't sleep until 1000$ in CNY )

Yeah... right..

Yeah, i have cheated, fall asleep at ~970$ in CNY. When i woke up, it only took 3 hours to reach the 1k$ was only off about 13 hours, not that bad.

[snipie]

Yeah, i have cheated, fall asleep at ~970$ in CNY. When i woke up, it only took 3 hours to reach the 1k$ was only off about 13 hours, not that bad.

The price didn't pass the $1k right?
Anyway i will Keep an eye on https://tradeblock.com/markets/stmp/xbt-usd/30m/ 
The Chinese exchanges gonna break the $1000 soon and guess who will follow them
Go bitcoin you can do it before 2017

[r0ach]

Sold my coins at $500  each.
I feel ill.
 

Bitcoin, master of the shakeout.

[AZwarel]

Just read this, very nice analysis about how and why hype cycles form, push up the price, than deflate after the peak. Awesome read, and based on it, we are about to see the next bull run!

https://medium.com/@mcasey0827/speculative-bitcoin-adoption-price-theory-2eed48ecf7da#.tfsxpyns2

[HI-TEC99]

I bought 10 coins in November at approx 700. Is that a small amount compare to other ppl here? Maybe I should buy more?? This is my first post!

1,000,000 = Satoshi
100,000 = Sea Monster
10,000 = Whale
1,000 = Shark
100 = Sturgeon
10 = Mackerel
1 = Sardine
0.1 = Plankton

Btw, did you say you were new here?

* yefi whips out his hazing stick

If 0.1 = Plankton what are the people with 0.01 or less? Newbies often start by using faucets that pay peanuts. It takes them weeks or months to get 0.01 from them. Are they plankton poo until they get 0.1?

[tonyq]

I wonder how the person that wrote this feels right now?
 

https://saltsha.com/rest-peace-bitcoin-2008-2014/

[Torque]

Just read this, very nice analysis about how and why hype cycles form, push up the price, than deflate after the peak. Awesome read, and based on it, we are about to see the next bull run!

https://medium.com/@mcasey0827/speculative-bitcoin-adoption-price-theory-2eed48ecf7da#.tfsxpyns2

Decent article, but completely disregards the 'halving' events in bitcoin's lifecycle.  These events can have a profound impact on price determination and creating a new higher floor.

The author wants to believe that all price action is completely attributed purely to wavering demand and adoption, and disregards 'supply' issuance (i.e., miners' ROI).

[AZwarel]

Just read this, very nice analysis about how and why hype cycles form, push up the price, than deflate after the peak. Awesome read, and based on it, we are about to see the next bull run!

https://medium.com/@mcasey0827/speculative-bitcoin-adoption-price-theory-2eed48ecf7da#.tfsxpyns2

Decent article, but completely disregards the 'halving' events in bitcoin's lifecycle.  These events can have a profound impact on price determination and creating a new higher floor.

The author wants to believe that all price action is completely attributed purely to wavering demand and adoption, and disregards 'supply' issuance (i.e., miners' ROI).

Actually, there is a good explanation in the comments, where it is stated, that bitcoin follows this fractal cycle again and again because of inelastic supply  (which is a built in function, and halvings are part of it).

That is why bitcoin can go through new cycles until it reaches the "vertical increase of majority adoption", as the supply (the production of the goods in increased demand) can not adopt to the change in demand, so, that is also an empiric evidence, that demand for bitcoin IS growing through time (since the creation of new bitcoins is at a predetermined, fixed rate, no matter the hash rate/demand increase on the long run, unlike other assets, so can not reach a stable marginal profit rate).

[Ibian]

I bought 10 coins in November at approx 700. Is that a small amount compare to other ppl here? Maybe I should buy more?? This is my first post!

1,000,000 = Satoshi
100,000 = Sea Monster
10,000 = Whale
1,000 = Shark
100 = Sturgeon
10 = Mackerel
1 = Sardine
0.1 = Plankton

Btw, did you say you were new here?

* yefi whips out his hazing stick

If 0.1 = Plankton what are the people with 0.01 or less? Newbies often start by using faucets that pay peanuts. It takes them weeks or months to get 0.01 from them. Are they plankton poo until they get 0.1?

If you only have 0.01 by now then you will never make enough for anyone to notice or care. The upside is huge, but not THAT huge.

[AZwarel]

That 1700 BTC wall on stamp looks totally phony..i wonder how many actual buys it is going to be to reach 1000$, at the price of 980$ why would suddenly there be a huge sell-off when the trend is obviously gonna be way higher than a mere 1k$?