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Question: When $60K? (EST time zone)
Feb. 21 - 7 (5.7%)
Feb. 22 - 19 (15.6%)
Feb. 23 - 13 (10.7%)
Feb. 24 - 9 (7.4%)
Feb. 25 - 8 (6.6%)
Feb. 26 - 9 (7.4%)
Feb. 27 - 3 (2.5%)
Feb. 28 - 4 (3.3%)
March - 28 (23%)
After March - 14 (11.5%)
Never - 8 (6.6%)
Total Voters: 122

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 25187767 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. (157 posts by 13 users deleted.)
JimboToronto
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June 22, 2017, 04:32:12 PM

poor vitalik with...$330 per ETH? still doing well enough it seems.

(i own no ETH)

I don't own any ether either.  Smiley

I heard Vitalik speak at Decentral in Toronto the day before he launched Ethereum and while the concept of smart contracts and his mining algorithms fascinated me, I found the concept of pre-mined coins to be sleazy, so I took a pass.

With Bitcoin I feel I'm doing something good for the world.

The whole ICO thing is just the evil spawn of Ethereum. Suckers beware.

OK, I'll shut up about altcoins now.
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1614851348
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Wekkel
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June 22, 2017, 05:26:06 PM

[...]while the concept of smart contracts and his mining algorithms fascinated me, I found the concept of pre-mined coins to be sleazy, so I took a pass.

With Bitcoin I feel I'm doing something good for the world.
[...]

I am in the same boat. No coin cap and/or software defined rules on it -> not interested. So I passed on ETH but I am happy that I can use it now for specific purposes (AKA, if investors want to jump into ICOs creating tech for the future, I have no concerns. There will be some big wins but also BIG LOSSES).

Bitcoin is simple and pure
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June 22, 2017, 05:47:02 PM

dips rule everything around me - dream, get the money  bitty bitty bills y'all

Torque is in the place to order pizzas with haste.  They say my man Jay Juan Gee is on freebase.  JimboToronto was a friend of mine, till I caught him trying to steal from the dogecoin mine.
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June 22, 2017, 05:52:11 PM

In the end, it's all about money. The alts are not evil in and of themselves. If you don't understand something, it's good to stay away from it. Have no regrets. But if you can see an opportunity without directly harming anyone else, why not? Even bitcoin will have its losers (the ones buying high; but if they just use it to do value transfers, like buying something, they don't really lose) but that's the way it goes, all of this is voluntary.

The only reason I own ETH is I'm spreading my stuff across a bunch of alts. In the end, they all go back to bitcoin. (And the other alts have their uses too.) I got some precious metals too, because ... because!
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June 22, 2017, 06:07:06 PM

In the end, it's all about money. The alts are not evil in and of themselves. If you don't understand something, it's good to stay away from it. Have no regrets. But if you can see an opportunity without directly harming anyone else, why not? Even bitcoin will have its losers (the ones buying high; but if they just use it to do value transfers, like buying something, they don't really lose) but that's the way it goes, all of this is voluntary.

The only reason I own ETH is I'm spreading my stuff across a bunch of alts. In the end, they all go back to bitcoin. (And the other alts have their uses too.) I got some precious metals too, because ... because!
In cryptoworld diversity is key to success
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June 22, 2017, 06:42:01 PM

In the end, it's all about money. The alts are not evil in and of themselves. If you don't understand something, it's good to stay away from it. Have no regrets. But if you can see an opportunity without directly harming anyone else, why not? Even bitcoin will have its losers (the ones buying high; but if they just use it to do value transfers, like buying something, they don't really lose) but that's the way it goes, all of this is voluntary.

The only reason I own ETH is I'm spreading my stuff across a bunch of alts. In the end, they all go back to bitcoin. (And the other alts have their uses too.) I got some precious metals too, because ... because!
In cryptoworld diversity is key to success


FIFY
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June 22, 2017, 06:54:44 PM

yuh you need a reserve of gold ounce coins and whatnot for when you wanna tip some kid but one satoshi is just too damn much
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June 22, 2017, 06:55:17 PM

We are comparing a method of knowledge (science) to a system of belief (faith), which is not known for revising itself based on new evidence.  Even when it does, the “wrongs” are blamed on human interpretation.  Science is all about improving ideas to get closer to the truth, and, in some cases, completely throwing out theories that have been proven wrong.  Furthermore, the claims of religion are virtually all unfalsifiable, thus cannot be proven wrong.  Therefore, comparing religion and science on the basis of falsifiability is a faulty comparison.

Bitcoin isn't a science any more than a Quartz clock is a science. They both apply it, but they are not it. Also, we are not looking at these brands of technologies in and of themselves, but at their dissemination and market value, which very much involves belief, just as it did with preceding forms of money.
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June 22, 2017, 07:04:05 PM

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Torque
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June 22, 2017, 07:09:01 PM

Is it me, or does there appear to be some serious effort going on to push down sub 2700?
Raja_MBZ
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June 22, 2017, 07:15:32 PM

Bitcoin & stability - strange, both things are currently combining. Grin

What's up coming next? A dump or pump?
JayJuanGee
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How much alt coin diversification is needed? 0%?


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June 22, 2017, 08:04:24 PM

Is it me, or does there appear to be some serious effort going on to push down sub 2700?



It's a numbers thingie majigie!!!! 


You know that.    Roll Eyes   Tongue
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June 22, 2017, 08:31:18 PM

Bitcoin & stability - strange, both things are currently combining. Grin

What's up coming next? A dump or pump?

Probably months of stable prices. Everyone will be going on holiday soon. The big price moves will probably happen in the Autumn after they are back. When this thread's post rate has dried up to one post a day there's usually a big price move imminent.
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June 22, 2017, 08:37:42 PM

summer's vacancies are stable ... ?



JayJuanGee
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How much alt coin diversification is needed? 0%?


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June 22, 2017, 08:45:11 PM

Bitcoin & stability - strange, both things are currently combining. Grin

What's up coming next? A dump or pump?

Probably months of stable prices. Everyone will be going on holiday soon. The big price moves will probably happen in the Autumn after they are back. When this thread's post rate has dried up to one post a day there's usually a big price move imminent.


Yeah, but this time is likely going to be different.

First, we have way too many things going on in cryptolandia

Second, we have way too much trade volume going on currently.  Sure, trade volume might dry up, but it does not dry up over night, therefore, before it dries up, we are likely to experience additional volatile movements, which is not the definition of stability.
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June 22, 2017, 08:51:10 PM

BTC Now vs. 2013 by @ECantoni
https://www.tradingview.com/chart/BTCUSD/IX1pOLmC-BTC-vs-2013/

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June 22, 2017, 09:49:21 PM


spooky  Shocked
Wekkel
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June 22, 2017, 10:07:44 PM


Comparing mega bubbly 2013 with soft run up 2016-2017.

I am a little disappointed  Grin
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June 22, 2017, 10:51:07 PM


Comparing mega bubbly 2013 with soft run up 2016-2017.

I am a little disappointed  Grin


Yeah, but the overlap of charts is actually the pre-early 2013 bubble, and I am not sure if that is meant to indicate that we have not even accomplished the first 2017  bubble, yet.

Personally, I believe that it is frequently erroneous to attempt to read too much into such an attempt at overlapping - because we know that there are so many factors that are quite different in this time frame as compared with early 2013 - including development, adoption, alt-space dynamics, hardfork issue, ability to short bitcoin, spread out liquidation options, longer track record at governmental attempts at regulation, and likely several other unnamed but materially influential factors.
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June 22, 2017, 11:00:59 PM

Personally, I believe that it is frequently erroneous to attempt to read too much into such an attempt at overlapping - because we know that there are so many factors that are quite different in this time frame as compared with early 2013 - including development, adoption, alt-space dynamics, hardfork issue, ability to short bitcoin, spread out liquidation options, longer track record at governmental attempts at regulation, and likely several other unnamed but materially influential factors.

And you forgot one more factor. That at that time, 80-85% of all trades were going through a single exchange that later proved to be completely insolvent and likely had been for several years.
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