Bitcoin Forum
February 25, 2020, 10:28:12 PM *
News: Latest Bitcoin Core release: 0.19.0.1 [Torrent]
 
   Home   Help Search Login Register More  
Poll
Question: Is this the last time we see sub-$10K?
Yes - 38 (40.9%)
No - 55 (59.1%)
Total Voters: 93

Pages: « 1 ... 16886 16887 16888 16889 16890 16891 16892 16893 16894 16895 16896 16897 16898 16899 16900 16901 16902 16903 16904 16905 16906 16907 16908 16909 16910 16911 16912 16913 16914 16915 16916 16917 16918 16919 16920 16921 16922 16923 16924 16925 16926 16927 16928 16929 16930 16931 16932 16933 16934 16935 [16936] 16937 16938 16939 16940 16941 16942 16943 16944 16945 16946 16947 16948 16949 16950 16951 16952 16953 16954 16955 16956 16957 16958 16959 16960 16961 16962 16963 16964 16965 16966 16967 16968 16969 16970 16971 16972 16973 16974 16975 16976 16977 16978 16979 16980 16981 16982 16983 16984 16985 16986 ... 26122 »
  Print  
Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 21535634 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. (142 posts by 32 users deleted.)
European Central Bank
Legendary
*
Offline Offline

Activity: 1288
Merit: 1080



View Profile
May 24, 2017, 10:21:35 AM

You can throw all your bitterness towards altcoins, but the truth is that whoever invested in alts (lets say any of the top10) 3months ago, has made much money than others just investing in BTC. And the fact is that we are here for the moneys, aren't we?  Wink

how is anyone getting these super gains out? you can't raise levels on poloniex. i've been waiting two months now to be upgraded. if i'd made hundreds of btc it would now take me over a year to get all them out of there.
Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1582669692
Hero Member
*
Offline Offline

Posts: 1582669692

View Profile Personal Message (Offline)

Ignore
1582669692
Reply with quote  #2

1582669692
Report to moderator
1582669692
Hero Member
*
Offline Offline

Posts: 1582669692

View Profile Personal Message (Offline)

Ignore
1582669692
Reply with quote  #2

1582669692
Report to moderator
JayJuanGee
Legendary
*
Offline Offline

Activity: 2170
Merit: 2435


How much alt coin diversification is needed? 0%?


View Profile
May 24, 2017, 10:28:57 AM

Being rich in btc is great but taking a slight bit of the profit you make and put it in dollars can't hurt anyone Wink

A lot of people did that and are already hurt.
This is why I take a slight bit of the profit I make and put it in bitcoins.
If you want to diversify your bitcoin holdings put part of it in gold or silver! Putting it in dollars is stupid.

Done already, but I am considering doing a bit more now.  I am really enjoying the price rise, but come on, it was looking bubbly at $1250 in January, we are almost double that now without a correction of note for a while, and every day sees another rrise.

It really seems like a bot is constantly buying, like with Mt Gox. But I wonder if that is the case, or it is just general buying pressure from new investors.

I don't want to miss the top, but a few ounces of gold might be looking pretty good in the future if this bitcoin bubble pops (and it always has in the past - but maybe this is the new normal!)

Of course it is going to pop at some point.

I really doubt that it is going to pop in the $2300 to $2500 price range -- but hey I have been wrong before.

And if it gets past $2500 without any major difficulties then likely the $3k to $5k range - and yeah, we gotta see how it plays out, but middle of the range could be a fair area for a correction.. however, if we get past the $5k arena, then gosh, who knows, maybe $$7k to $10k would be fair correction points...

It seems pretty fucking likely that we are going to get a correction in the $3k to $5k range - but we have had overshoots in the past, too, and the present does not seem to take away from that possibility that we are going to have an overshooting of expectations - some would already characterize this as an overshooting of expectations, and there is some justification for that - but seems tlie we are on our way to $3k minimum.. and $4k more likely and $5k a bit less likely..
European Central Bank
Legendary
*
Offline Offline

Activity: 1288
Merit: 1080



View Profile
May 24, 2017, 10:40:34 AM

and here's a revealing story, fidelity is actually mining bitcoin.

http://www.zerohedge.com/news/2017-05-23/fidelity-mining-bitcoin-abigail-johnson-says

they've mined a heady 200,000 satoshis so it's probably the ceo's phone that's doing it.
machasm
Sr. Member
****
Offline Offline

Activity: 470
Merit: 276



View Profile
May 24, 2017, 10:59:40 AM

So when does "Its happening' turn into 'its happened'
😀
bitserve
Legendary
*
Online Online

Activity: 1120
Merit: 1080


Self made HODLER ✓


View Profile
May 24, 2017, 11:06:59 AM

You can throw all your bitterness towards altcoins, but the truth is that whoever invested in alts (lets say any of the top10) 3months ago, has made much money than others just investing in BTC. And the fact is that we are here for the moneys, aren't we?  Wink

how is anyone getting these super gains out? you can't raise levels on poloniex. i've been waiting two months now to be upgraded. if i'd made hundreds of btc it would now take me over a year to get all them out of there.

Maybe having several different accounts? Wink

Also you can raise your verification level for improved limits.
soullyG
Hero Member
*****
Offline Offline

Activity: 727
Merit: 508


Decentralize everything


View Profile
May 24, 2017, 11:09:10 AM

So when does "Its happening' turn into 'its happened'

I think we passed that point a while ago  Grin
bitserve
Legendary
*
Online Online

Activity: 1120
Merit: 1080


Self made HODLER ✓


View Profile
May 24, 2017, 11:11:55 AM

Being rich in btc is great but taking a slight bit of the profit you make and put it in dollars can't hurt anyone Wink

A lot of people did that and are already hurt.
This is why I take a slight bit of the profit I make and put it in bitcoins.
If you want to diversify your bitcoin holdings put part of it in gold or silver! Putting it in dollars is stupid.

Done already, but I am considering doing a bit more now.  I am really enjoying the price rise, but come on, it was looking bubbly at $1250 in January, we are almost double that now without a correction of note for a while, and every day sees another rrise.

It really seems like a bot is constantly buying, like with Mt Gox. But I wonder if that is the case, or it is just general buying pressure from new investors.

I don't want to miss the top, but a few ounces of gold might be looking pretty good in the future if this bitcoin bubble pops (and it always has in the past - but maybe this is the new normal!)

Of course it is going to pop at some point.

I really doubt that it is going to pop in the $2300 to $2500 price range -- but hey I have been wrong before.

And if it gets past $2500 without any major difficulties then likely the $3k to $5k range - and yeah, we gotta see how it plays out, but middle of the range could be a fair area for a correction.. however, if we get past the $5k arena, then gosh, who knows, maybe $$7k to $10k would be fair correction points...

It seems pretty fucking likely that we are going to get a correction in the $3k to $5k range - but we have had overshoots in the past, too, and the present does not seem to take away from that possibility that we are going to have an overshooting of expectations - some would already characterize this as an overshooting of expectations, and there is some justification for that - but seems tlie we are on our way to $3k minimum.. and $4k more likely and $5k a bit less likely..

If history repeats, as it usually does, you will notice the big correction is coming when one day the rise accelerates to crazy levels. What I see atm is a steady rise with not much difference from one day to next (in terms of percentage of grow/day).

Of course, anything is possible. NO fucking idea when that will happen. I just wait for signals that haven't come yet.

Signals:

- The acceleration in rise (percentage wise) mentioned above.
- Exchanges can't cope with new user verification. That has just started... when they start to stabilise and are able to cope with it, its one of the signals to sell.
- Everybody on this thread thinking the price will keep rising forever, no matter what the price currently is.
- When there is no fucking dip in the rise for a while. I don't mean correction, I mean no fucking dip. We are still having our good dose of those.
- etc etc...
podyx
Legendary
*
Offline Offline

Activity: 1946
Merit: 1016



View Profile
May 24, 2017, 11:21:36 AM

I am pretty sure altcoins will crash, so expect a sizable amount of that to propel into bitcoin also.

ETH is worth half of BTC right now, but go and ask how many knows of ETH on the streets?
Denker
Legendary
*
Offline Offline

Activity: 1442
Merit: 1014


View Profile
May 24, 2017, 11:40:36 AM

I am pretty sure altcoins will crash, so expect a sizable amount of that to propel into bitcoin also.

ETH is worth half of BTC right now, but go and ask how many knows of ETH on the streets?

I agree with you 95%.
Most of the alts will crash. But another scenario which imo is also very likely is that all those money goes into the top tier altcoins and Bitcoin. This is why I believe Eth will not really crash, although I'm not big of fan of that coin. But they are backed by finance and big industry. It's the perfect controlled shitcoin. Obviously a scam, who where here from the beginning knows this, but I have a feeling they might get away with it.Furthermore they will try to push it to get the weak hands out of Bitcoin!!
LFC_Bitcoin
Legendary
*
Offline Offline

Activity: 1988
Merit: 2708


One of the world's leading Bitcoin-powered casinos


View Profile
May 24, 2017, 11:47:11 AM

$2374 on Stamp now. I'm out of breath just watching this rise tbh.
European Central Bank
Legendary
*
Offline Offline

Activity: 1288
Merit: 1080



View Profile
May 24, 2017, 11:47:51 AM

This is why I believe Eth will not really crash, although I'm not big of fan of that coin. But they are backed by finance and big industry. It's the perfect controlled shitcoin.

the real money is in taking ethereum's code, closing it off, repackaging it and selling it on. i dunno how much interest they have in the open chain.
podyx
Legendary
*
Offline Offline

Activity: 1946
Merit: 1016



View Profile
May 24, 2017, 11:48:59 AM

This is why I believe Eth will not really crash, although I'm not big of fan of that coin. But they are backed by finance and big industry. It's the perfect controlled shitcoin.

the real money is in taking ethereum's code, closing it off, repackaging it and selling it on. i dunno how much interest they have in the open chain.

What do you mean? Using that code in a new currency?
Denker
Legendary
*
Offline Offline

Activity: 1442
Merit: 1014


View Profile
May 24, 2017, 11:50:34 AM

This is why I believe Eth will not really crash, although I'm not big of fan of that coin. But they are backed by finance and big industry. It's the perfect controlled shitcoin.

the real money is in taking ethereum's code, closing it off, repackaging it and selling it on. i dunno how much interest they have in the open chain.

Yes this is true. Many companies seem to be more interested in the tech than in the open chain itself. But they are also invested and hold lots of ether. At least the conferences I have visited here in my country many of the CEOs hold Ether.
European Central Bank
Legendary
*
Offline Offline

Activity: 1288
Merit: 1080



View Profile
May 24, 2017, 11:50:41 AM

What do you mean? Using that code in a new currency?

check the wording of the ethereum enterprise alliance.

"Together, we will learn from and build upon the only smart contract supporting blockchain currently running in real-world production – Ethereum – to define enterprise-grade software capable of handling the most complex, highly demanding applications at the speed of business."

that says nothing about currency or using ethereum itself. they want it to make existing business more profitable.

Paashaas
Legendary
*
Offline Offline

Activity: 2226
Merit: 1658



View Profile
May 24, 2017, 11:51:26 AM


You can throw all your bitterness towards altcoins, but the truth is that whoever invested in alts (lets say any of the top10) 3months ago, has made much money than others just investing in BTC. And the fact is that we are here for the moneys, aren't we?  Wink

Financial freedom should always be nr.1. After that comes profits and entertainment.
isov
Full Member
***
Offline Offline

Activity: 155
Merit: 100


View Profile
May 24, 2017, 11:54:17 AM

Is anyone else seeing Stamp randomly drop all the bids above 2300$ away and then in a while putting them back up? Or is it just a problem in bitcoinwisdom or something?
spooderman
Legendary
*
Offline Offline

Activity: 1568
Merit: 1002


View Profile WWW
May 24, 2017, 11:54:38 AM

oh look, $2400 on bitstamp how nice.
Lauda
Legendary
*
Offline Offline

Activity: 2492
Merit: 2421


Exchange Bitcoin quickly-https://blockchain.com.do


View Profile WWW
May 24, 2017, 11:56:07 AM



Gif on Bitconity for hitting $2400 on Bitstamp. Congratulations gentlemen. The party is just begging.

Quote
<gribble> Bitstamp | There are currently 686.08679 bitcoins offered at or under 2500.0 USD, worth 1680587.53337 USD in total. | Data vintage: 0.0147 seconds
<gribble> Bitfinex | There are currently 1465.2011 bitcoins offered at or under 2500.0 USD, worth 3536948.89863 USD in total. | Data vintage: 0.0044 seconds
cellard
Legendary
*
Offline Offline

Activity: 1372
Merit: 1211


View Profile
May 24, 2017, 11:58:48 AM

Holy shit. Anybody here? we just hit $2401 in bitstamp. This is amazing. Everyone that sold at $2000 expecting a psychological bear pressure due the nice round number are already missing on $400 gains. Right now there's a small dip of $2384, so it's going to be fun seeing all the people that sold at $2000 possibly hopping back in the train in FOMO at nearest dip and it will keep happening.

$3000 is around the corner at this point, we could be there by summer.

Remember that if you watch the logarithmic graph, there's still no bubble at 2013 level.

edit: Just saw posts above lol
fallinglantern
Sr. Member
****
Offline Offline

Activity: 259
Merit: 251


View Profile
May 24, 2017, 12:01:51 PM

2400 on bitstamp, eh? I guess this means Mt. Gox is solvent againt.
Pages: « 1 ... 16886 16887 16888 16889 16890 16891 16892 16893 16894 16895 16896 16897 16898 16899 16900 16901 16902 16903 16904 16905 16906 16907 16908 16909 16910 16911 16912 16913 16914 16915 16916 16917 16918 16919 16920 16921 16922 16923 16924 16925 16926 16927 16928 16929 16930 16931 16932 16933 16934 16935 [16936] 16937 16938 16939 16940 16941 16942 16943 16944 16945 16946 16947 16948 16949 16950 16951 16952 16953 16954 16955 16956 16957 16958 16959 16960 16961 16962 16963 16964 16965 16966 16967 16968 16969 16970 16971 16972 16973 16974 16975 16976 16977 16978 16979 16980 16981 16982 16983 16984 16985 16986 ... 26122 »
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!