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Question: What happens first:
New ATH - 43 (69.4%)
<$60,000 - 19 (30.6%)
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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26381761 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.)
bitserve
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August 16, 2017, 01:21:45 AM


Another fkn idiot author going with the Dutch Tulip comparision again. But ironically, there are exactly zero articles on the web comparing the SNAP IPO stock to Dutch tulips. Because that would be a pretty dead-on accurate comparison.

Hmmm... maybe I should write one?

Also notice that the more Bitcoin's price soars, the more these negative articles hit the web. They'll be screaming "tulip bulbs" all the way up to 200K. The next two decades will be hilarious.

Wanna know when they will stop comparing with Tulip Bulbs? When they also own some Bitcoin. As simple as that.
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AlexGR
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August 16, 2017, 01:31:04 AM

You'll note that these guys always talk about tulips. At the same time they always ignore what might be considered irrational market behavior for ultra-rich hobbies like art collection of multi-million dollar pieces, at insane values...

http://money.cnn.com/2016/02/19/luxury/ken-griffin-david-geffen-de-kooning-jackson-pollock/index.html

300 mn USD painting...

https://en.wikipedia.org/wiki/L%27Homme_au_doigt

140 mn USD sculpture...

You add a few of those and you are in the tens of billions range. But no, that's not tulips, that's art "deserving" billions. Right.
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August 16, 2017, 01:32:00 AM


As soon as I read tulips, I was like, ok here we go again with another  bitcoin ignoramus writing about bitcoin. Then he just goes full retard
with his blockchain hack nonsense. How do these frikkin morons end up with these gigs anyway? At least a commenter called him out
with this gem ...."im kinda surprised Harvard spit out a moron like you,then again maybe I shouldn't be...."

  I concur.....
bitserve
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August 16, 2017, 01:35:34 AM

You'll note that these guys always talk about tulips. At the same time they always ignore what might be considered irrational market behavior for ultra-rich hobbies like art collection of multi-million dollar pieces, at insane values...

http://money.cnn.com/2016/02/19/luxury/ken-griffin-david-geffen-de-kooning-jackson-pollock/index.html

300 mn USD painting...

https://en.wikipedia.org/wiki/L%27Homme_au_doigt

140 mn USD sculpture...

You add a few of those and you are in the tens of billions range. But no, that's not tulips, that's art "deserving" billions. Right.


That's a pretty fucking good argument there.
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August 16, 2017, 01:51:58 AM

You'll note that these guys always talk about tulips. At the same time they always ignore what might be considered irrational market behavior for ultra-rich hobbies like art collection of multi-million dollar pieces, at insane values...

http://money.cnn.com/2016/02/19/luxury/ken-griffin-david-geffen-de-kooning-jackson-pollock/index.html

300 mn USD painting...

https://en.wikipedia.org/wiki/L%27Homme_au_doigt

140 mn USD sculpture...

You add a few of those and you are in the tens of billions range. But no, that's not tulips, that's art "deserving" billions. Right.


Exactly. There are thousands of years of rational market examples. Cherry picking a small sliver of time in some remote small country that had a market crash after a few months is pretty desperate. Why not point out the follies of the great depression or Black Monday? Or the market collapse in 2009? At least those are more recent and had a larger affect on the economy.
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August 16, 2017, 02:18:42 AM


A shittily cast bronze rendition of Slender Man for 140 mn? Wow, high end art is so weird.

I've seen Egyptian hand sculptured/painted statues and other relics that are far more worthy of that kind of money. At least many of them reflect the actual amount of tedious and detailed work effort that went into making them.
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August 16, 2017, 03:30:59 AM


A shittily cast bronze rendition of Slender Man for 140 mn? Wow, high end art is so weird.

I've seen Egyptian hand sculptured/painted statues and other relics that are far more worthy of that kind of money. At least many of them reflect the actual amount of tedious and detailed work effort that went into making them.

You can always get this https://en.wikipedia.org/wiki/Black_Square_(painting) for just 60mln
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August 16, 2017, 03:36:03 AM


A shittily cast bronze rendition of Slender Man for 140 mn? Wow, high end art is so weird.

I've seen Egyptian hand sculptured/painted statues and other relics that are far more worthy of that kind of money. At least many of them reflect the actual amount of tedious and detailed work effort that went into making them.

I am not quite sure how couldn't I make an almost exact replica of that sculpture. Maybe r0ach, as an expert on melted metals could enlighten us.
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August 16, 2017, 04:36:02 AM


A shittily cast bronze rendition of Slender Man for 140 mn? Wow, high end art is so weird.

I think some of the ultra-rich are just perverse. They like the idea that they are so filthy rich that they can somehow assign value to art through their money - and preserving a large part of their wealth by doing so, because once something has been sold for the X amount, a kind-of "market price" precedent has been set.

You can see this in meaningless art. You can even see it in ...SHIT:

https://en.wikipedia.org/wiki/Artist%27s_Shit

"In August 2016, at an art auction in Milan, one of the tins sold for a new world record of €275,000, including auction fees."

Yes, they can literally pump the price of shit and pretend it's art. They can even mock the mockery of the "art-is-shit" meaning, by giving extra value to the shit. We are talking about pretty high levels of perversion.
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August 16, 2017, 04:48:54 AM

oh man...to sell this next test of 4433 or not?Huh?

a conundrum



Elwar
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August 16, 2017, 04:57:35 AM

oh man...to sell this next test of 4433 or not?Huh?

a conundrum

You would only sell if it falls after reaching the top....double top.
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August 16, 2017, 04:59:24 AM

oh man...to sell this next test of 4433 or not?Huh?

a conundrum





You would only sell if it falls after reaching the top....double top.



And there is No double top yet..?
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August 16, 2017, 05:55:23 AM

Bitcoin = $3970? Did just somebody dump for a lambo? that guys heart is weak for bitcoin over his lambo. Anyways when will we see $4500 again?
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August 16, 2017, 06:21:50 AM


A shittily cast bronze rendition of Slender Man for 140 mn? Wow, high end art is so weird.

I've seen Egyptian hand sculptured/painted statues and other relics that are far more worthy of that kind of money. At least many of them reflect the actual amount of tedious and detailed work effort that went into making them.

You can always get this https://en.wikipedia.org/wiki/Black_Square_(painting) for just 60mln

Apparently there were four versions of this "painting"?
Presumably with different shades of black??
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August 16, 2017, 06:25:45 AM

Bitcoin = $3970? Did just somebody dump for a lambo? that guys heart is weak for bitcoin over his lambo. Anyways when will we see $4500 again?

There was enough volume for few dozen lambos. loaded already had few so if he's selling its not for lambos maybe an island?
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August 16, 2017, 06:39:37 AM
Last edit: August 16, 2017, 11:41:14 AM by styralf

Hey guys, been lurking here in the forum for years and i finally signed up.

I sold a little btc yesterday, which i had in Cold storage Before the fork. Now i wonder if that was a good idea since i havnt claimed my Bitcoin Cash yet. Can i still claim those Bitcoin cash or are they lost now?
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August 16, 2017, 06:43:15 AM

if you controlled the keys at the moment of the split then you still control the BCH
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August 16, 2017, 06:49:04 AM

if you controlled the keys at the moment of the split then you still control the BCH

Thanks alot!
rjclarke2000
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August 16, 2017, 07:13:33 AM

if you controlled the keys at the moment of the split then you still control the BCH

Thanks alot!


Not a bad little bonus hey!
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August 16, 2017, 07:15:26 AM

if you controlled the keys at the moment of the split then you still control the BCH

Thanks alot!

what a good start of day for you! on topic, i think a period of correction should happen after this big rise, maybe all this is due to traders on holidays who try to have fun after a couple of drinks, who knows :-)
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