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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 26369656 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.)
milkshock100
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December 12, 2017, 09:54:25 PM

I feel like we are in a bubble that is getting ready to pop. I can't believe that 2000%+ growth is reasonable or able to be sustained. I don't believe this is exponential part of the S curve, I've heard that in 2013 and 2014. We are well before exponential growth. I think the only reason we haven't popped is the futures.
i seriously doubt if alts would be going nuts if that was the case.
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Karartma1
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December 12, 2017, 09:55:35 PM

Remember when they used to laugh at us?

Now we laugh at them.  Grin
we have always laughed at them . it gives me  such a warm feeling watching there faces as the penny finally drops

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December 12, 2017, 09:57:23 PM

I feel like we are in a bubble that is getting ready to pop. I can't believe that 2000%+ growth is reasonable or able to be sustained. I don't believe this is exponential part of the S curve, I've heard that in 2013 and 2014. We are well before exponential growth. I think the only reason we haven't popped is the futures.
i seriously doubt if alts would be going nuts if that was the case.

Id argue the opposite, if bitcoin is overvalued why would you buy btc? wouldn't you buy something not (as) overvalued?
Dabs
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December 12, 2017, 09:58:26 PM

Or at might just build a neural network into it and after sufficient testing let the bot make its own decisions.

You looking for AI that gathers market data and makes predictions based on that? There are a few coming out, a few more others that make the claim, and a few with some ICOs.


I call Bitcoin Segwit Bitcoin Segwit, as it is a clearly descriptive, non-ambiguous term. I used to call it Bitcoin Segwit1x. However, with the demise of S2X, this disambiguation no longer adds any value.
And since no other coin uses Segwit, you can just call it Bitcoin. Because that's what it is.

bcash is what bitstamp and cryptopia called it. Maybe not anymore, but they did.
milkshock100
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December 12, 2017, 09:59:46 PM

I feel like we are in a bubble that is getting ready to pop. I can't believe that 2000%+ growth is reasonable or able to be sustained. I don't believe this is exponential part of the S curve, I've heard that in 2013 and 2014. We are well before exponential growth. I think the only reason we haven't popped is the futures.
i seriously doubt if alts would be going nuts if that was the case.

Id argue the opposite, if bitcoin is overvalued why would you buy btc? wouldn't you buy something not (as) overvalued?

Nothing to do with overvaluation - people want to avoid the regulation of futures. Futures is restricting btc growth from now on
Rosewater Foundation
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December 12, 2017, 10:07:35 PM

Futures is restricting btc growth from now on
How so? Not that I disagree...
milkshock100
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December 12, 2017, 10:09:38 PM

Futures is restricting btc growth from now on
How so? Not that I disagree...

Setting an artificial benchmark for valuation. On the plus side it might prevent outright collapse as well.
Arriemoller
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December 12, 2017, 10:10:46 PM

Futures is restricting btc growth from now on
How so? Not that I disagree...

Setting an artificial benchmark for valuation

And what does that mean?
milkshock100
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December 12, 2017, 10:11:36 PM

Futures is restricting btc growth from now on
How so? Not that I disagree...

Setting an artificial benchmark for valuation

And what does that mean?

Well if they set a price people *may* elect to follow it.

Let’s hope not though
Arriemoller
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December 12, 2017, 10:13:20 PM

Futures is restricting btc growth from now on
How so? Not that I disagree...

Setting an artificial benchmark for valuation

And what does that mean?

Well if they set a price people *may* elect to follow it.

Why on earth would they do that?
Arriemoller
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December 12, 2017, 10:16:30 PM

The futures are cash settled, they are just betting on bitcoin, not actually buying any. Personally I don't think it will have any effect on bitcoin at all.
Bitcoins price is set by supply and demand, and no cash settled futures can change that.
milkshock100
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December 12, 2017, 10:17:04 PM

Futures is restricting btc growth from now on
How so? Not that I disagree...

Setting an artificial benchmark for valuation

And what does that mean?

Well if they set a price people *may* elect to follow it.

Why on earth would they do that?

As I said let’s hope not. It would tie in with a rush to alts though .
Ludwig Von
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December 12, 2017, 10:18:27 PM

Raoul posted the full story today, an absolutely must read for all... .

https://www.theautomaticearth.com/2017/12/bitcoin-doesnt-exist-the-full-story/
gwoplock
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December 12, 2017, 10:18:38 PM

The futures are cash settled, they are just betting on bitcoin, not acyually buying any. Personally I don't think it will have any effect on bitcoin at all.
Bitcoins price is set by supply and demand, and no cash settled futures can change that.

I agree, other then a vague idea of what people expect the growth to be I don't see how it would affect the price.
gwoplock
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December 12, 2017, 10:19:14 PM

Futures is restricting btc growth from now on
How so? Not that I disagree...

Setting an artificial benchmark for valuation

And what does that mean?

Well if they set a price people *may* elect to follow it.

Why on earth would they do that?

As I said let’s hope not. It would tie in with a rush to alts though .

I fail to see how alts ties in.
milkshock100
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December 12, 2017, 10:21:51 PM

Futures is restricting btc growth from now on
How so? Not that I disagree...

Setting an artificial benchmark for valuation

And what does that mean?

Well if they set a price people *may* elect to follow it.

Why on earth would they do that?

As I said let’s hope not. It would tie in with a rush to alts though .

I fail to see how alts ties in.

Alts aren’t part of futures. Anyway Forget it. I’m probably just being paranoid.
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December 12, 2017, 10:26:49 PM

Since this market is nothing but one giant scam with centralized mining, a centralized technocracy controlling coin parameters, and centralized collusion controlling where the price goes among a handful of corporate entites like Pantera Capital, the fact that all alts turned green means BTC dump imminent because they're clearly signaling they now want to try and sell you overpriced altcoins instead of overpriced btc.
Arriemoller
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December 12, 2017, 10:27:44 PM

Futures is restricting btc growth from now on
How so? Not that I disagree...

Setting an artificial benchmark for valuation

And what does that mean?

Well if they set a price people *may* elect to follow it.



Why on earth would they do that?

As I said let’s hope not. It would tie in with a rush to alts though .

I fail to see how alts ties in.

Alts aren’t part of futures. Anyway Forget it. I’m probably just being paranoid.

Paranoia can be good.
Arriemoller
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December 12, 2017, 10:28:56 PM

Since this market is nothing but one giant scam with centralized mining, a centralized technocracy controlling coin parameters and development, and centralized collusion controlling where the price goes among a handful of corporate entites like Pantera Capital, the fact that all alts turned green means BTC dump imminent because they now want to try and sell you overpriced altcoins instead of overpriced btc.

But of course Mr Roach.
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December 12, 2017, 10:31:49 PM

Alts aren’t part of futures. Anyway Forget it. I’m probably just being paranoid.

let's see what happens when both futures markets are running for a while, but i think you could be on to something.

bitcoin and alt traders are used to commanding the market. if that's taken away from bitcoin then they have a whole world of other coins that they do have more control of. it's possible futures might make a two speed crypto market. as certain alts gets bigger they too might have futures at which point they're left to the bigger boys too.

it'll drive more regulation and much more discerning exchanges. they won't list shitcoins.

but whatever happens it's gonna take a while to figure out the effects.
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