Bitcoin Forum
December 12, 2019, 09:53:59 PM *
News: Latest Bitcoin Core release: 0.19.0.1 [Torrent]
 
   Home   Help Search Login Register More  
Poll
Question: Dec. 14 Closing Price:
<$6,000 - 10 (11.4%)
$6,000-$6,500 - 5 (5.7%)
$6,500-$7,000 - 9 (10.2%)
$7,000-$7,500 - 11 (12.5%)
$7,500-$8,000 - 18 (20.5%)
$8,000-$8,500 - 11 (12.5%)
$8,500-$9,000 - 4 (4.5%)
>$9,000 - 20 (22.7%)
Total Voters: 88

Pages: « 1 ... 16995 16996 16997 16998 16999 17000 17001 17002 17003 17004 17005 17006 17007 17008 17009 17010 17011 17012 17013 17014 17015 17016 17017 17018 17019 17020 17021 17022 17023 17024 17025 17026 17027 17028 17029 17030 17031 17032 17033 17034 17035 17036 17037 17038 17039 17040 17041 17042 17043 17044 [17045] 17046 17047 17048 17049 17050 17051 17052 17053 17054 17055 17056 17057 17058 17059 17060 17061 17062 17063 17064 17065 17066 17067 17068 17069 17070 17071 17072 17073 17074 17075 17076 17077 17078 17079 17080 17081 17082 17083 17084 17085 17086 17087 17088 17089 17090 17091 17092 17093 17094 17095 ... 25604 »
  Print  
Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 21457769 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. (137 posts by 31 users deleted.)
Meuh6879
Legendary
*
Offline Offline

Activity: 1512
Merit: 1009



View Profile
June 06, 2017, 10:36:16 PM

Congratulation everybody, we are rich.

Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1576187639
Hero Member
*
Offline Offline

Posts: 1576187639

View Profile Personal Message (Offline)

Ignore
1576187639
Reply with quote  #2

1576187639
Report to moderator
JayJuanGee
Legendary
*
Offline Offline

Activity: 2100
Merit: 2189


How much alt coin diversification is needed? 0%?


View Profile
June 06, 2017, 10:50:32 PM

Playing Devil's advocate here...I see everyone here assumes we are going to be at 3K $ in next days...does not that mean the opposite will happen? or, worse, a huge dump will occur if we do not touch 3k $ soon(ish)?

possible... Also possible to see $4k this year. Btc as usual, nobody knows anything...

We don't know anything for sure, but we can make reasonable predictions based on probabilities and momentum, and right now the momentum remains up.. and $4-6k is possible within the next few weeks, 6 weeks at tops...

Sure, if it does not make $4k to $6k in the coming 6 weeks, then we will likely get another shot at that, and possibly beyond, before the end of the year.

This is not knowing anything, but it is based on momentum and ongoing buying support and possible future dynamics.
JayJuanGee
Legendary
*
Offline Offline

Activity: 2100
Merit: 2189


How much alt coin diversification is needed? 0%?


View Profile
June 06, 2017, 10:57:29 PM

Any estimation when it will be dumbed again and how low this time?

You are getting ahead of yourself.


Haven't you noticed that we are currently going up.


I know, I know. 

Folks get all worked up because the market is moving against them and they want down or they have regrets.

Sorry for your loss, but we are going up.

Regarding dip, sure we may get a dip or two further before $3k.. likely no more than 8%... and then we could get another 30% and possibly up to 50% dip before $3,600.. and then the next dip would be in the $4k to $6k arena.. maybe up to 50%, and maybe more and maybe a bit longer lasting dip.
jbreher
Legendary
*
Offline Offline

Activity: 2590
Merit: 1362


lose: unfind ... loose: untight


View Profile
June 06, 2017, 10:58:05 PM

So in hindsight you all knew everything. Now it's a guessing game. Roll Eyes

Why will nobody admit they know nothing?

I didn't know.

Then again, I never thought much about it. Not like it was central to my existence or anything.



wait - what? What are we talking aboot?
HI-TEC99
Legendary
*
Online Online

Activity: 1722
Merit: 1093



View Profile
June 06, 2017, 10:58:17 PM

So who the fuck is mark Cuban
He tweets And bitcoin falls poeple belive HIM???
Damn those naïef poeples who is holding bitcoin 😓😓😓

http://lmgtfy.com/?q=mark+cuban

anyway...is the $3000 party this week or next?

We are only $76 below today's ATH. The dip today was only a small correction, probably from the Chinese taking profits after breaking 20000 CNY for the first time today. We might get a few more before it breaks $3000. Nobody knows when the $3000 party is, but it seems very close. The Chinese are already having their 20000 CNY party.
Torque
Legendary
*
Offline Offline

Activity: 2002
Merit: 1524



View Profile
June 06, 2017, 11:50:46 PM

A 2 day old article, but I thought the author articulated very well the three main factors of Bitcoin speculation and what makes it a great long term play for store of value.

http://www.coindesk.com/why-no-crypto-bubble-ico/
Torque
Legendary
*
Offline Offline

Activity: 2002
Merit: 1524



View Profile
June 06, 2017, 11:54:49 PM

hold guys hold. once btc hits 3,000 USD, i will see the headlines in major news sites which will give a pump to right away to 3500. since it is a nice number BTC is 3,000 for the first time in headline in cnbc or cnn would be a nice pump for holders. so closeee Smiley the media effect is on the way.

You total have that backwards dude. Every time the media prints a new headline like "Bitcoin breaks XX for the first time, new ATH!" or some shit, esp. a round number like $1000, $2000, etc. it immediately dumps a few days later.

Every. Single. Time.
r0ach
Legendary
*
Offline Offline

Activity: 1260
Merit: 1000


View Profile
June 06, 2017, 11:58:55 PM


Bitcoin is in a bubble when you have Japanese housewives talking about how "grateful they are to find bitcoin scheme because Japanese pensions are failing", but Mark Cuban is a snake that changed his communist Jewish last name (Chabenisky) to pretend to be another race and then shill against white interests while pretending to be white (or implied "cuban").  All you had to do is watch his actions of constant shilling against Trump during the 2016 election to see international organized Jewery in full force shilling against everything they don't control.
Elwar
Legendary
*
Offline Offline

Activity: 2954
Merit: 1502


Viva Ut Vivas


View Profile WWW
June 06, 2017, 11:59:43 PM

Congratulation everybody, we are rich.



It is very demotivating for me to come into work when in one day I made more money than almost 2 years salary.

Fortunately it's government work so I don't have to do much. And my boss is nice and I have respect for the people in my company (CEO is an old friend).
r0ach
Legendary
*
Offline Offline

Activity: 1260
Merit: 1000


View Profile
June 07, 2017, 12:04:30 AM

It is very demotivating for me to come into work when in one day I made more money than almost 2 years salary.

You should re-read what you just typed, because there's probably hundreds of people reading your post who have had the exact same feeling with some altcoin before, then they tried to ride the profits higher and they vaporized taking them back to square one.  The fact is, the second any type of life changing profits occur in any asset, the price always craters right after.  What % bitcoin can rise in a short duration before said action occurs is up for debate though.  Having any type of life changing profit occur and then not taking any profit off the table is the definition of insanity.
Elwar
Legendary
*
Offline Offline

Activity: 2954
Merit: 1502


Viva Ut Vivas


View Profile WWW
June 07, 2017, 12:10:29 AM

It is very demotivating for me to come into work when in one day I made more money than almost 2 years salary.

You should re-read what you just typed, because there's probably hundreds of people reading your post who have had the exact same feeling with some altcoin before, then they tried to ride the profits higher and they vaporized taking them back to square one.  The fact is, the second any type of life changing profits occur, the price always craters right after.  What % bitcoin can rise in a short duration before said action occurs is up for debate though.  Having any type of life changing profit occur and then not taking any profit off the table is the definition of insanity.

Profit in what? A currency that will likely go away in the next 10 years due to a debt bubble and more wars?

I stay at work mainly because it allows me to continue my high risk investment without worry of starving if it goes to zero. If I were to quit I would buy real estate or something that will sustain me for decades.
bones261
Legendary
*
Offline Offline

Activity: 1708
Merit: 1706



View Profile
June 07, 2017, 12:13:50 AM

Unfortunately, I am nowhere near feeling that this awesome rise is "life changing." Probably because I've only been dicking around with cryptocurrencies for the past two years with chump change. My hats off to those who are now rich. Just remember to quit while you are ahead. Cool
Elwar
Legendary
*
Offline Offline

Activity: 2954
Merit: 1502


Viva Ut Vivas


View Profile WWW
June 07, 2017, 12:22:18 AM

I understand that the rise in price is due to many fiat lovers trying to get more fiat but that's just not me. Bitcoin is the superior currency. It will do more to help the world than anything else being worked on right now.
Torque
Legendary
*
Offline Offline

Activity: 2002
Merit: 1524



View Profile
June 07, 2017, 12:24:33 AM

It is very demotivating for me to come into work when in one day I made more money than almost 2 years salary.

You should re-read what you just typed, because there's probably hundreds of people reading your post who have had the exact same feeling with some altcoin before, then they tried to ride the profits higher and they vaporized taking them back to square one.  The fact is, the second any type of life changing profits occur in any asset, the price always craters right after.  What % bitcoin can rise in a short duration before said action occurs is up for debate though.  Having any type of life changing profit occur and then not taking any profit off the table is the definition of insanity.

If you have a day job that sustains you, and you have tens, hundreds or even thousands of btc, then "taking profit" on them now will be a huge regret 5 to 10 yrs from now.  

If in just 8.5 years a bitcoin can go from $0 to $3000, with 99.99% percent of the world not even invested yet, then surely it has plenty of room to run to $20K, $50K, or whatever in the next 8 years. It is not inconceivable in the least.

And you keep blabbering on about it having a chance to "go to zero." Not a chance now, no way. I'd wager that even if a 0 day, network-killing flaw was found tomorrow, bitcoin would still not go to zero.
r0ach
Legendary
*
Offline Offline

Activity: 1260
Merit: 1000


View Profile
June 07, 2017, 12:25:58 AM

It is very demotivating for me to come into work when in one day I made more money than almost 2 years salary.

You should re-read what you just typed, because there's probably hundreds of people reading your post who have had the exact same feeling with some altcoin before, then they tried to ride the profits higher and they vaporized taking them back to square one.  The fact is, the second any type of life changing profits occur, the price always craters right after.  What % bitcoin can rise in a short duration before said action occurs is up for debate though.  Having any type of life changing profit occur and then not taking any profit off the table is the definition of insanity.

Profit in what? A currency that will likely go away in the next 10 years due to a debt bubble and more wars?

I stay at work mainly because it allows me to continue my high risk investment without worry of starving if it goes to zero. If I were to quit I would buy real estate or something that will sustain me for decades.

You've already reached the peak of risk in your high risk investment.  Anyone can click the 2 year chart and see that.  It's an obvious unsustainable bubble and anyone cashing out here will not be missing much.  I imagine it will do something like a 50% retrace off it's base, which would take it to something like $2100, but the pumpers may or may not try to take it a few hundred higher first.  This is literally a textbook pump and dump and it's easy to see from the non-aggregate market movements.  Bitcoin has probably never once behaved as an aggregate market.  Every single move is just some entity like Digital Currency Group trying to manipulate it in a certain direction to profit.

BlindMayorBitcorn
Legendary
*
Offline Offline

Activity: 1260
Merit: 1107



View Profile
June 07, 2017, 12:26:43 AM

So in hindsight you all knew everything. Now it's a guessing game. Roll Eyes

Why will nobody admit they know nothing?

I didn't know.

Then again, I never thought much about it. Not like it was central to my existence or anything.



wait - what? What are we talking aboot?

Our success. I never saw it coming. Undecided
gentlemand
Legendary
*
Online Online

Activity: 2212
Merit: 2098


Your dearest bum chum


View Profile
June 07, 2017, 12:31:01 AM

Our success. I never saw it coming. Undecided

You seem like a lost and bewildered soul at present. I think it's time you did something life changing like sailing to Polynesia on a raft made of inflated condoms. Fill half of them with drinking water and astronaut paste and you'll return with a boatload of perspective.
Elwar
Legendary
*
Offline Offline

Activity: 2954
Merit: 1502


Viva Ut Vivas


View Profile WWW
June 07, 2017, 12:34:25 AM

I remember when the price shot up to 60 dollars when I had bought at 20, all my friends at work were saying I should sell. Calling me crazy for not selling as it went over 100.

I will diversify into Seasteading later this year as I see that as the next world changing technology that I believe in.
JayJuanGee
Legendary
*
Offline Offline

Activity: 2100
Merit: 2189


How much alt coin diversification is needed? 0%?


View Profile
June 07, 2017, 12:40:05 AM

Who sold at the bottom?

I didn't sell yet, my friend sold his 100BTC today though - he bought them when they were worth 1USD - he's pretty happy with his investment


These kinds of stories never make any sense to me.

I can understand cashing out little by little, but what you gonna do with your money if you cash out all of them?

O.k... ?  Around $280 k and mostly profit.. but, still where you gonna put it?  just blow it all?

I can understand cashing out 20% and going on a vacation or something like that.
Elwar
Legendary
*
Offline Offline

Activity: 2954
Merit: 1502


Viva Ut Vivas


View Profile WWW
June 07, 2017, 12:42:38 AM

Who sold at the bottom?

I didn't sell yet, my friend sold his 100BTC today though - he bought them when they were worth 1USD - he's pretty happy with his investment


These kinds of stories never make any sense to me.

I can understand cashing out little by little, but what you gonna do with your money if you cash out all of them?

O.k... ?  Around $280 k and mostly profit.. but, still where you gonna put it?  just blow it all?

I can understand cashing out 20% and going on a vacation or something like that.

Uncle Sam appreciates your investment in weapons for ISIS with your tax dollars.
Pages: « 1 ... 16995 16996 16997 16998 16999 17000 17001 17002 17003 17004 17005 17006 17007 17008 17009 17010 17011 17012 17013 17014 17015 17016 17017 17018 17019 17020 17021 17022 17023 17024 17025 17026 17027 17028 17029 17030 17031 17032 17033 17034 17035 17036 17037 17038 17039 17040 17041 17042 17043 17044 [17045] 17046 17047 17048 17049 17050 17051 17052 17053 17054 17055 17056 17057 17058 17059 17060 17061 17062 17063 17064 17065 17066 17067 17068 17069 17070 17071 17072 17073 17074 17075 17076 17077 17078 17079 17080 17081 17082 17083 17084 17085 17086 17087 17088 17089 17090 17091 17092 17093 17094 17095 ... 25604 »
  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!