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Question: Feb. 15 Closing Price:
$0 - 3 (2.7%)
<$8,500 - 6 (5.4%)
$8,500-$9,000 - 3 (2.7%)
$9,001-$9,500 - 2 (1.8%)
$9,501-$10,000 - 9 (8.1%)
$10,001-$10,500 - 28 (25.2%)
$10,501-$11,000 - 21 (18.9%)
$11,001-$11,500 - 14 (12.6%)
$11,501-$12,000 - 7 (6.3%)
>$12,000 - 10 (9%)
>$30,000 - 8 (7.2%)
Total Voters: 111

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 21525854 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.)
Pajulapoiss
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June 21, 2017, 09:16:07 AM

Nobody should be ruling this decisions other than the full nodes.

The whole idea of Bitcoin was to put power in the hands of "individuals". Back in that time, the miners & nodes were all individuals. Now since the mining has become centralised in the hands of few giant pools, it shouldn't give them power to do whatever the fuck they want. If the power is taken from the individuals, the whole ideology is gone for toss.

Let the nodes rule the world.

Yes, that is exactly how I see bitcoin aswell. But as always, with money there's corruption.

But I see that new opportunities & platforms are popping up, which in a big scheme of things, does give the power pack to the people, because one can just choose to move  their ssets, while not exiting crypto world. = more freedom, more privacy. Whether Bitcoin stands strong, or gets taken over by corruptants and loses it's beauty.

So it will be a great innovation either way. ,
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June 21, 2017, 09:24:42 AM

If you think going from 90% to less than 40% market dominance is not an emergency...

Why do people bother posting these things?

It's not like Bitcoin is hurt by people buying other coins as well. The people buying shitcoins might be hurt by it but Bitcoin will not. After all, it started on 100% "dominance" so the only way is down. Why make up some controversy here?

The also the fact that "market dominance" is completely made up. It is based on "market cap" which is a real word but completely irrelevant to Bitcoin. People don't speak about the market cap of the US dollar or even of gold. Because it would be irrelevant.

Then there's also the fact that the majority of altcoins aren't even traded at any remotely reputable exchange. People sell a token for a dollar, then make another million tokens which nobody wants to buy and somehow that counts as a million dollar "market cap". Which somehow would unseat Bitcoin "dominance factor". It's ridicolous on the face of it and it's really tiresome when people pretend to take it seriously in some misguided attempt to pumpt altcoins.
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June 21, 2017, 09:26:21 AM

Bitcoin price rising as of now it's been a good one signnnnnn hehehehehe.  Am happy to see bitcoin price rising
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June 21, 2017, 09:37:42 AM

Nothing suggested by Jihan and Co should be accepted! Period.
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June 21, 2017, 10:24:39 AM

Why do people bother posting these things?

It's not like Bitcoin is hurt by people buying other coins as well. The people buying shitcoins might be hurt by it but Bitcoin will not. After all, it started on 100% "dominance" so the only way is down. Why make up some controversy here?

The also the fact that "market dominance" is completely made up. It is based on "market cap" which is a real word but completely irrelevant to Bitcoin. People don't speak about the market cap of the US dollar or even of gold. Because it would be irrelevant.

Then there's also the fact that the majority of altcoins aren't even traded at any remotely reputable exchange. People sell a token for a dollar, then make another million tokens which nobody wants to buy and somehow that counts as a million dollar "market cap". Which somehow would unseat Bitcoin "dominance factor". It's ridicolous on the face of it and it's really tiresome when people pretend to take it seriously in some misguided attempt to pumpt altcoins.

Some seem remarkably dismissive of the shift - does this reflect its unimportance, or their defence mechanism against a situation they were sure would not occur? I observe every imaginable way to paint the obvious as what it isn't.

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June 21, 2017, 10:59:04 AM

Why do people bother posting these things?

It's not like Bitcoin is hurt by people buying other coins as well. The people buying shitcoins might be hurt by it but Bitcoin will not. After all, it started on 100% "dominance" so the only way is down. Why make up some controversy here?

The also the fact that "market dominance" is completely made up. It is based on "market cap" which is a real word but completely irrelevant to Bitcoin. People don't speak about the market cap of the US dollar or even of gold. Because it would be irrelevant.

Then there's also the fact that the majority of altcoins aren't even traded at any remotely reputable exchange. People sell a token for a dollar, then make another million tokens which nobody wants to buy and somehow that counts as a million dollar "market cap". Which somehow would unseat Bitcoin "dominance factor". It's ridicolous on the face of it and it's really tiresome when people pretend to take it seriously in some misguided attempt to pumpt altcoins.

Some seem remarkably dismissive of the shift - does this reflect its unimportance, or their defence mechanism against a situation they were sure would not occur? I observe every imaginable way to paint the obvious as what it isn't.


let´s look at other factors of dominance, not market cap (which is so easily manipulated, that it does not proof anything).

let´s look at how many goods are bought with bitcoin compared to all other altcoins.

let´s look at how many merchants accept bitcoin compared to all other altcoins.

let´s look what crypto is used for cross border payments.

let´s look how many bitcoin-start-ups are existing compared to all other altcoins.

i bet in every single comparison, bitcoin dominance is still in the 80-90% area. 
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June 21, 2017, 11:06:35 AM
Last edit: June 21, 2017, 11:19:38 AM by gentlemand

let´s look at other factors of dominance, not market cap (which is so easily manipulated, that it does not proof anything).

let´s look at how many goods are bought with bitcoin compared to all other altcoins.

let´s look at how many merchants accept bitcoin compared to all other altcoins.

let´s look what crypto is used for cross border payments.

let´s look how many bitcoin-start-ups are existing compared to all other altcoins.

i bet in every single comparison, bitcoin dominance is still in the 80-90% area.  

I think what people aren't really paying attention to is that there are plenty of alts that aim to have nothing to do with any of those services. That being the case they can easily surpass BTC in all metrics.

The main thing that seems to worry people is that alts will take the money that they want to go on BTC instead. Maybe that money isn't interested in it in the slightest. Most of it's chasing more dollars. More dollars were delivered via alts recently.
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June 21, 2017, 11:44:31 AM




Torque
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June 21, 2017, 12:43:19 PM

let´s look at other factors of dominance, not market cap (which is so easily manipulated, that it does not proof anything).

let´s look at how many goods are bought with bitcoin compared to all other altcoins.

let´s look at how many merchants accept bitcoin compared to all other altcoins.

let´s look what crypto is used for cross border payments.

let´s look how many bitcoin-start-ups are existing compared to all other altcoins.

i bet in every single comparison, bitcoin dominance is still in the 80-90% area. 

Good list, but you missed a few more more.

let's look at what the MSM is obsessed about writing about (Bitcoin) and creating FUD about, and not all other altcoins.

let's look at what the governments of the world are obsessed with trying to regulate (Bitcoin) with little to no mention of all other altcoins.

let's look at what ANYONE is trying to get an ETF approved for (Bitcoin) and NO other altcoin.

1. First they ignore you <----- all altcoins are here, and 99.99% will stay here forever
2. Then they laugh at you <----- 0.01% altcoins will make it here and stay here forever
3. Then they fight you <----- Bitcoin is here now
4. Then you win
BlindMayorBitcorn
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June 21, 2017, 12:56:26 PM

let´s look at other factors of dominance, not market cap (which is so easily manipulated, that it does not proof anything).

let´s look at how many goods are bought with bitcoin compared to all other altcoins.

let´s look at how many merchants accept bitcoin compared to all other altcoins.

let´s look what crypto is used for cross border payments.

let´s look how many bitcoin-start-ups are existing compared to all other altcoins.

i bet in every single comparison, bitcoin dominance is still in the 80-90% area. 

Good list, but you missed a few more more.

let's look at what the MSM is obsessed about writing about (Bitcoin) and creating FUD about, and not all other altcoins.

let's look at what the governments of the world are obsessed with trying to regulate (Bitcoin) with little to no mention of all other altcoins.

let's look at what ANYONE is trying to get an ETF approved for (Bitcoin) and NO other altcoin.

1. First they ignore you <----- all altcoins are here, and 99.99% will stay here forever
2. Then they laugh at you <----- 0.01% altcoins will make it here and stay here forever
3. Then they fight you <----- Bitcoin is here now
4. Then you win

I consider altcoins a scaling solution. Profoundly censorship-resistant transfers of value are a serious business; there will always be plenty of new tokens out there for micro-transactions and shameless speculation. Every Doge will have its day.
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June 21, 2017, 01:22:45 PM

let´s look at other factors of dominance, not market cap (which is so easily manipulated, that it does not proof anything).

let´s look at how many goods are bought with bitcoin compared to all other altcoins.

let´s look at how many merchants accept bitcoin compared to all other altcoins.

let´s look what crypto is used for cross border payments.

let´s look how many bitcoin-start-ups are existing compared to all other altcoins.

i bet in every single comparison, bitcoin dominance is still in the 80-90% area. 

Good list, but you missed a few more more.

let's look at what the MSM is obsessed about writing about (Bitcoin) and creating FUD about, and not all other altcoins.

let's look at what the governments of the world are obsessed with trying to regulate (Bitcoin) with little to no mention of all other altcoins.

let's look at what ANYONE is trying to get an ETF approved for (Bitcoin) and NO other altcoin.

1. First they ignore you <----- all altcoins are here, and 99.99% will stay here forever
2. Then they laugh at you <----- 0.01% altcoins will make it here and stay here forever
3. Then they fight you <----- Bitcoin is here now
4. Then you win

I consider altcoins a scaling solution. Profoundly censorship-resistant transfers of value are a serious business; there will always be plenty of new tokens out there for micro-transactions and shameless speculation. Every Doge will have its day.

I'd expect a sharp dot.com like wash out the next few months - (years).
There is not much room for 1k coins most like we have Amazon, Google, Ebay, Apple,Facebook. That's the market and off you go.
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June 21, 2017, 01:45:00 PM

let´s look at other factors of dominance, not market cap (which is so easily manipulated, that it does not proof anything).

let´s look at how many goods are bought with bitcoin compared to all other altcoins.

let´s look at how many merchants accept bitcoin compared to all other altcoins.

let´s look what crypto is used for cross border payments.

let´s look how many bitcoin-start-ups are existing compared to all other altcoins.

i bet in every single comparison, bitcoin dominance is still in the 80-90% area. 

i agree but you forgot one of the most important factor: reliability.
an altcoin which is congested easily and its blockchain fails is not reliable enough for any kind of usage.
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June 21, 2017, 02:27:43 PM

let´s look at other factors of dominance, not market cap (which is so easily manipulated, that it does not proof anything).

let´s look at how many goods are bought with bitcoin compared to all other altcoins.

let´s look at how many merchants accept bitcoin compared to all other altcoins.

let´s look what crypto is used for cross border payments.

let´s look how many bitcoin-start-ups are existing compared to all other altcoins.

i bet in every single comparison, bitcoin dominance is still in the 80-90% area. 

Good list, but you missed a few more more.

let's look at what the MSM is obsessed about writing about (Bitcoin) and creating FUD about, and not all other altcoins.

let's look at what the governments of the world are obsessed with trying to regulate (Bitcoin) with little to no mention of all other altcoins.

let's look at what ANYONE is trying to get an ETF approved for (Bitcoin) and NO other altcoin.

1. First they ignore you <----- all altcoins are here, and 99.99% will stay here forever
2. Then they laugh at you <----- 0.01% altcoins will make it here and stay here forever
3. Then they fight you <----- Bitcoin is here now
4. Then you win

I consider altcoins a scaling solution. Profoundly censorship-resistant transfers of value are a serious business; there will always be plenty of new tokens out there for micro-transactions and shameless speculation. Every Doge will have its day.

I'd expect a sharp dot.com like wash out the next few months - (years).
There is not much room for 1k coins most like we have Amazon, Google, Ebay, Apple,Facebook. That's the market and off you go.

I'd expect nothing less.
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June 21, 2017, 03:02:15 PM

CaRMageddon!

http://www.maxkeiser.com/2017/06/kr1086-keiser-report-carmageddon/

Could this be the beginning of the end?

Bullish for Crypto!
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June 21, 2017, 03:23:47 PM

Do you smell that? It's the smell of an epic short squeeze coming.
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June 21, 2017, 03:27:04 PM

I consider altcoins a scaling solution. Profoundly censorship-resistant transfers of value are a serious business; there will always be plenty of new tokens out there for micro-transactions and shameless speculation. Every Doge will have its day.

I'd expect a sharp dot.com like wash out the next few months - (years).
There is not much room for 1k coins most like we have Amazon, Google, Ebay, Apple,Facebook. That's the market and off you go.

There will be washouts and more alts being born all the time. There is too much hot money washing around the globe to take any significant fraction of it onboard the tiny bitcoin boat, not to mention the pathetic tx limit.
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June 21, 2017, 03:53:06 PM

So what would you guys do. Imagine, you have created a startup which got 150 million funds in ETH? Just joking,its obvious! 
Would you sell it all immediately or would you sell it over the course of a month? How would you sell this 150 million? 

Because i am afraid, this ICO s**** will cause ETH sell of (I dont have any ETH) and would subsequently lead to sell off of BTC dragging price down below the current interest of the fresh blood...
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June 21, 2017, 04:23:01 PM

and would subsequently lead to sell off of BTC dragging price down below the current interest of the fresh blood...

That is nonsense. Why would any bitcoin hodler sell their bitcoins if ETHf goes down?
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June 21, 2017, 04:39:18 PM

and would subsequently lead to sell off of BTC dragging price down below the current interest of the fresh blood...

That is nonsense. Why would any bitcoin hodler sell their bitcoins if ETHf goes down?


So the last ICO got 150millions of fund in ETH. How does this ICO work? I fought people give ETH for some token, and the start up owner has ETH. So if you have 150 million of $ in ETH, why would you not sell it immediately?
becoin
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June 21, 2017, 04:47:18 PM

and would subsequently lead to sell off of BTC dragging price down below the current interest of the fresh blood...

That is nonsense. Why would any bitcoin hodler sell their bitcoins if ETHf goes down?


So the last ICO got 150millions of fund in ETH. How does this ICO work? I fought people give ETH for some token, and the start up owner has ETH. So if you have 150 million of $ in ETH, why would you not sell it immediately?

And the place of BTC here is... what?
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