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Question: When will we see a new ATH?
2023 - 56 (21.5%)
2024 - 105 (40.2%)
2025 - 75 (28.7%)
2026 - 4 (1.5%)
2027 - 2 (0.8%)
After 2027 - 5 (1.9%)
Never - 14 (5.4%)
Total Voters: 261

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26120129 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. (170 posts by 5 users with 9 merit deleted.)
luckygenough56
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January 17, 2018, 09:07:32 PM

feels like the bottom is in

if not, this a damn deceiving paint job whale
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The Bitcoin network protocol was designed to be extremely flexible. It can be used to create timed transactions, escrow transactions, multi-signature transactions, etc. The current features of the client only hint at what will be possible in the future.
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noize_1234
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January 17, 2018, 09:11:15 PM

Feels more and more like a trap
OWZ1337
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BITCOIN===>THE DISRUPTIVE CYBERCURRENCY


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January 17, 2018, 09:12:31 PM

feels like the bottom is in

if not, this a damn deceiving paint job whale

january n00b purge over yet? :-D haha
jbreher
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lose: unfind ... loose: untight


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January 17, 2018, 09:13:40 PM

About 40 percent of bitcoin is held by perhaps 1,000 users

Got any data to go with your wild assertion?

Not that I think you're _wrong_, mind you. I just think you're spouting nonsense. I bet you never questioned where you heard that 'statistic'. amirite?

Bloomberg is the source.
I feel they are trustworthy.

https://www.bloomberg.com/news/articles/2017-12-08/the-bitcoin-whales-1-000-people-who-own-40-percent-of-the-market

mmhhmm, mmm hmmm....

Looks like the 'source' did not originate with Bloomberg (like they'd really know anyhow...):

Quote
About 40 percent of bitcoin is held by perhaps 1,000 users; at current prices, each may want to sell about half of his or her holdings, says Aaron Brown,

OK , and Aaron Brown is...?

Oh:
Quote
former managing director and head of financial markets research at AQR Capital Management. (Brown is a contributor to the Bloomberg Prophets online column.)

... well, that seals the deal right there. How can one question not only a Bloomberg, but an actual Prophet?

Sorry, unconvincing so far. Shall we read on? From whence did our esteemed Mr. Brown derive this nugget of truth?

Quote
...
...
<crickets>
...

Nope. Still not seeing it. This looks to be merely one of the multitudinous 'bits of veracity' floating around this space. One that everyone 'knows to be true', yet nobody ever bothers to verify.

Until you kick forth a primary source, I'm calling bullshit.
HanvanBitcoin
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January 17, 2018, 09:14:06 PM

luckygenough56
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January 17, 2018, 09:14:25 PM

Feels more and more like a trap

we can still be in a mid dump indeed
Elix9
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January 17, 2018, 09:14:33 PM

feels like the bottom is in

if not, this a damn deceiving paint job whale

https://www.youtube.com/watch?v=EhVdx62yQFE

Might be a good watch. Talks about a possible spike before another fall.
HairyMaclairy
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January 17, 2018, 09:18:19 PM

I would not be chasing any green candle without a significant period of consolidation.
jbreher
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January 17, 2018, 09:19:55 PM

About 40 percent of bitcoin is held by perhaps 1,000 users

Got any data to go with your wild assertion?

Not that I think you're _wrong_, mind you. I just think you're spouting nonsense. I bet you never questioned where you heard that 'statistic'. amirite?
Well, if the pareto principle applies to bitcoin holdings, then the square root of bitcoin users hold half the coins. And the square root of those people hold half of their coins. Go from there.

Umm.. That's not data.
Biodom
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January 17, 2018, 09:23:06 PM
Last edit: January 17, 2018, 09:40:13 PM by Biodom

Masterluc:

Quote
Well, you understand. From 10k and lower - the last station of the departing train. Who did not have time - buy as last time in life.

More than 10k does not make sense from my point of view.

bad google translate.
ml says:
Бoльшe 10к нe имeeт cмыcлa зaxoдить c мoeй тoчки зpeния.

Better to translate like this:
From my [ml] point of view, it does not make sense to buy above 10K [here].

My interpretation: he was right as we dropped close to 9K ($9150 on polo) and when he was posting we were at about 11K.
We shall see if we will revisit 9K or even 8K relatively soon. the first phrase indicate to buy like a mofo somewhere here and his prior advice was 9K. Darn it, so far he was right on the money.
HairyMaclairy
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January 17, 2018, 09:25:17 PM

Have the futures closed?
arklan
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January 17, 2018, 09:25:40 PM

Have the futures closed?

good question. forgot about those... if so, people lost a big chunk...

boing.... 9200 floor, yea?
Deeyoh
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January 17, 2018, 09:34:25 PM

Umm, working on the 1000 btc wall around 11k.  Look like another up shoot if this goes through.
Toxic2040
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January 17, 2018, 09:35:36 PM

500 btc to go..get while their hot.
Deeyoh
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January 17, 2018, 09:36:40 PM

That was quick.. busted through.
Ibian
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January 17, 2018, 09:37:11 PM

About 40 percent of bitcoin is held by perhaps 1,000 users

Got any data to go with your wild assertion?

Not that I think you're _wrong_, mind you. I just think you're spouting nonsense. I bet you never questioned where you heard that 'statistic'. amirite?
Well, if the pareto principle applies to bitcoin holdings, then the square root of bitcoin users hold half the coins. And the square root of those people hold half of their coins. Go from there.

Umm.. That's not data.
Yes it is. It applies to every area of human productivity that we have examined so far. It's less a matter of proving it than of disproving it at this point.
rolling
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January 17, 2018, 09:38:22 PM

Everyone is piling back in. Alts are going crazy again.
Last of the V8s
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Be a bank


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January 17, 2018, 09:40:06 PM

пoкyпaйтe кaк пocлeдний paз в жизни
milkshock100
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January 17, 2018, 09:40:09 PM

We have lift off
Deeyoh
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January 17, 2018, 09:43:39 PM

I'm kind of feel sorry for the people that panic sold in the 9000's. Sad Hard lesson to learn.
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