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Question: What happens first:
New ATH - 43 (69.4%)
<$60,000 - 19 (30.6%)
Total Voters: 62

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26372997 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. (174 posts by 3 users with 9 merit deleted.)
Globb0
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August 06, 2017, 05:41:11 PM

I wish Satoshi would just suddenly buy an island and come out of hiding.

He could be the cool consultant to unite things.

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bones261
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August 06, 2017, 05:45:13 PM

I wish Satoshi would just suddenly buy an island and come out of hiding.

He could be the cool consultant to unite things.



Just as long as he buys the island from someone who accepts BTC and will Hodl. Otherwise, the BTC market would collapse. At least temporarily.
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August 06, 2017, 05:46:41 PM

Many voted for bitcoin price to reach $3,500+ by the end of this month but my prediction something might go over 5000 $+ + because it is going very fast while everyone else holding .
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August 06, 2017, 05:51:01 PM

Good morning Bitcoinland.

Still hanging in over $3kUSD/4kCAD basically going sideways at $3259USD (Bitcoinaverage) while Altcash continues to slide down to $208USD.

As difficulty drops on the Altcash network, transactions will speed up, allowing more people to dump their free altcoins while they can still get something for them.

Let's see what segwit brings.

Many voted for bitcoin price to reach $3,500+ by the end of this month but my prediction something might go over 5000 $+ + because it is going very fast while everyone else holding .

Many of us voted $3500 because it was the highest option available in the original poll and you can't change your vote.

The last 2 options were added after it burst past $3000 a couple if nights ago.
In the silence
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August 06, 2017, 05:52:39 PM

I wish Satoshi would just suddenly buy an island and come out of hiding.

He could be the cool consultant to unite things.



Just as long as he buys the island from someone who accepts BTC and will Hodl. Otherwise, the BTC market would collapse. At least temporarily.
We need satoshis private key to dump bitcoincash only. Even if theres an island for sale for btc. Satoshis identity will be known. New ATH again. I imagined satoshi/they fapping thinking that his idea is the greatest.
FractalUniverse
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August 06, 2017, 05:53:04 PM

Many voted for bitcoin price to reach $3,500+ by the end of this month but my prediction something might go over 5000 $+ + because it is going very fast while everyone else holding .
To me it seems to be unpredictable atm.
It will make a decent  correction sooner or later, so my waiting tactics is still on Smiley
empowering
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August 06, 2017, 05:54:58 PM
Last edit: August 06, 2017, 06:19:43 PM by empowering

BCH Price under $200 at the moment.... and most BCH coins have not seen an exchange yet
snip
snip

snip

Can anyone tell me  how many BCH coins have moved in past 7 days

(suppose  bitcoin days destroyed would spike though, as people would be moving coins from wallets as they are exposing private keys to claim their BCH)

(Thanks  Smiley)

(snip)
So a little over 1.7 million it appears (based on my ever-so-in-depth research)
*results may vary


So accounting for trading velocity and also the sent/active users- it seems likely that all of the coins have NOT hit the market... even if you account for only say 5 million potential coins - we are still way short ....especially considering trading - some traders bought and sold more than once- and there were people buying coins with fiat and BTC that did not receive coins via the fork...that  I am wondering if we will see a further dump when segwit locks - though I do acknowledge that many users just cannot be bothered to do anything with their BCH coins at this point.  


(side thought - I also wonder if it will give some hedge funds with BTC exposure a nice year end boost- and if they will dump out BCH at the next opportune moment)

(also am I right in thinking if there was a mass exodus and large numbers of Bitcoin holders claiming their BCH in their new Bitcoin Cash wallets , wouldn't we would see a spike in Bitcoin days destroyed? as coins that have not been moved for a while i.e the corresponding BTC are moved into new wallets whilst claiming the BCH (to protect the BTC  private keys) )
numismatist
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August 06, 2017, 06:26:01 PM

Many voted for bitcoin price to reach $3,500+ by the end of this month but my prediction something might go over 5000 $+ + because it is going very fast while everyone else holding .
The fuel should originate from BCH dumps. On a daytrading shedule the volume of these markets should preceede BTC price movements.
Once mining BCH equals mining BTC from revenue this effect might stop.
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August 06, 2017, 06:31:27 PM

Wait till these guys start buying with at least 5 percent of their fortunes
https://www.forbes.com/billionaires/list/#version:static

It will be impossible for them to acquire without increasing the price by tens of thousands of $



It's just the beginning
rjclarke2000
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August 06, 2017, 06:42:49 PM

Wait till these guys start buying with at least 5 percent of their fortunes
https://www.forbes.com/billionaires/list/#version:static

It will be impossible for them to acquire without increasing the price by tens of thousands of $



It's just the beginning

I wish they'd bloody get on with it
x2666
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August 06, 2017, 06:50:32 PM

Wait till these guys start buying with at least 5 percent of their fortunes
https://www.forbes.com/billionaires/list/#version:static

It will be impossible for them to acquire without increasing the price by tens of thousands of $

It's just the beginning

I'll go ahead and be contrarian here. Why would these people want to collapse the U.S. Dollar if that is where they house the majority of their wealth. If they wanted to avoid the issue of the price increasing as they acquire they could just... not acquire. And look elsewhere for a cryptocurrency system, hell, even one they themselves create.

Something tells me several of those people already own a few bitcoin anyway.
empowering
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August 06, 2017, 06:55:46 PM

Wait till these guys start buying with at least 5 percent of their fortunes
https://www.forbes.com/billionaires/list/#version:static

It will be impossible for them to acquire without increasing the price by tens of thousands of $

It's just the beginning

I'll go ahead and be contrarian here. Why would these people want to collapse the U.S. Dollar if that is where they house the majority of their wealth. If they wanted to avoid the issue of the price increasing as they acquire they could just... not acquire. And look elsewhere for a cryptocurrency system, hell, even one they themselves create.

Something tells me several of those people already own a few bitcoin anyway.


the US dollar is doing quite a good job of collapsing itself
Torque
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August 06, 2017, 06:59:00 PM

Wait till these guys start buying with at least 5 percent of their fortunes
https://www.forbes.com/billionaires/list/#version:static

It will be impossible for them to acquire without increasing the price by tens of thousands of $

It's just the beginning

I'll go ahead and be contrarian here. Why would these people want to collapse the U.S. Dollar if that is where they house the majority of their wealth. If they wanted to avoid the issue of the price increasing as they acquire they could just... not acquire. And look elsewhere for a cryptocurrency system, hell, even one they themselves create.

Something tells me several of those people already own a few bitcoin anyway.

They don't want to see the U.S. Dollar collapse. But it is already collapsing through out of control money printing and zero interest rates.... so their stocks will continue to melt up. At least until the worldwide Bond market implosion happens. Then stocks will fall to a fraction of what they are now.
David48l
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August 06, 2017, 06:59:56 PM

Good morning Bitcoinland.

Still hanging in over $3kUSD/4kCAD basically going sideways at $3259USD (Bitcoinaverage) while Altcash continues to slide down to $208USD.

As difficulty drops on the Altcash network, transactions will speed up, allowing more people to dump their free altcoins while they can still get something for them.

Let's see what segwit brings.

Many voted for bitcoin price to reach $3,500+ by the end of this month but my prediction something might go over 5000 $+ + because it is going very fast while everyone else holding .

Many of us voted $3500 because it was the highest option available in the original poll and you can't change your vote.

The last 2 options were added after it burst past $3000 a couple if nights ago.

realice dos transacciones, una en bitcoin core y otra en cash.

Fee btc 1.4eur
Fee bcc 0.03eur

No digo mas. Tardarón lo mismo, contando que la dificultad de bcc aun no esta ajustada. Además de la campaña por parte de Core mineros intentando sabotear el ajuste automatico cada 12h. Realmente patetico, pero aquí la gente como corderos con los ojos vendados
AlexGR
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August 06, 2017, 07:01:24 PM

I wish Satoshi would just suddenly buy an island and come out of hiding.

He could be the cool consultant to unite things.

I remember when Wright was said to be Satoshi and they sent ...the SWAT team to his house.

Yeah, Satoshi better stay undercover.
YourMother
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August 06, 2017, 07:04:35 PM

Wait till these guys start buying with at least 5 percent of their fortunes
https://www.forbes.com/billionaires/list/#version:static

It will be impossible for them to acquire without increasing the price by tens of thousands of $

It's just the beginning

I'll go ahead and be contrarian here. Why would these people want to collapse the U.S. Dollar if that is where they house the majority of their wealth. If they wanted to avoid the issue of the price increasing as they acquire they could just... not acquire. And look elsewhere for a cryptocurrency system, hell, even one they themselves create.

Something tells me several of those people already own a few bitcoin anyway.

It's a win-win situation for the billionaires.
     - If they buy bitcoin with 5 percent of their fortunes (even at the ridiculous price of 20-30k per BTC), a 20x increase in price will almost double their fortunes. Or you don't believe that bitcoin will go to at least 500k?  Smiley.
     - In case FIAT collapses, their fortunes will be preserved, in the form of bitcoins.  Cool

Why not diversify ?
Torque
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August 06, 2017, 07:11:59 PM

Besides, billionaires don't always make the right decisions.

Let's talk about the time that Warren Buffet bought about 129 million oz of silver at $3.50 to $4/oz. around 2002-2003. Then he dumped all the silver in 2005 around $6/oz.  Good timing on a great trade, right?

By 2007 silver was up to $17/oz.

By 2011 silver was up to $48/oz.

Ibian
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August 06, 2017, 07:19:24 PM

Besides, billionaires don't always make the right decisions.

Let's talk about the time that Warren Buffet bought about 129 million oz of silver at $3.50 to $4/oz. around 2002-2003. Then he dumped all the silver in 2005 around $6/oz.  Good timing on a great trade, right?

By 2007 silver was up to $17/oz.

By 2011 silver was up to $48/oz.


Yeah, what a loser, only made 260 million buckos. And it took a whole two! years! That is, like, a LONG time.
bones261
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August 06, 2017, 07:19:31 PM

Besides, billionaires don't always make the right decisions.

Let's talk about the time that Warren Buffet bought about 129 million oz of silver at $3.50 to $4/oz. around 2002-2003. Then he dumped all the silver in 2005 around $6/oz.  Good timing on a great trade, right?

By 2007 silver was up to $17/oz.

By 2011 silver was up to $48/oz.

Furthermore, many of these billionaire's fortunes are not exactly liquid (at least to them.) Much of their fortune is the value of the stocks that they hold for their companies. Why would they liquidate a substantial portion of their interest in their own companies? I'm sure many of them hold their own companies very near and dear to their hearts. Just like Satosi has HODL the vast majority of his bitcoins. Why risk hurting your baby by crashing its market, by liquidating even 5% of your holdings?
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August 06, 2017, 07:24:07 PM

Besides, billionaires don't always make the right decisions.

Let's talk about the time that Warren Buffet bought about 129 million oz of silver at $3.50 to $4/oz. around 2002-2003. Then he dumped all the silver in 2005 around $6/oz.  Good timing on a great trade, right?

By 2007 silver was up to $17/oz.

By 2011 silver was up to $48/oz.

Furthermore, many of these billionaire's fortunes are not exactly liquid (at least to them.) Much of their fortune is the value of the stocks that they hold for their companies. Why would they liquidate a substantial portion of their interest in their own companies? I'm sure many of them hold their own companies very near and dear to their hearts. Just like Satosi has HODL the vast majority of his bitcoins. Why risk hurting your baby by crashing its market, by liquidating even 5% of your holdings?

what about because humans needs to eat at least?
if everybody will only HODL there will be no trade no volumes nothing, so thankfully there are people which are not HODLING till they die....
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