Bitcoin Forum
October 19, 2020, 04:54:16 PM *
News: Latest Bitcoin Core release: 0.20.0 [Torrent]
 
   Home   Help Search Login Register More  
Poll
Question: Oct. 16 Closing Price:
<$8,000 - 2 (2.3%)
$8,000-$8,500 - 0 (0%)
$8,500-$9,000 - 0 (0%)
$9,000-$9,500 - 0 (0%)
$9,500-$10,000 - 3 (3.4%)
$10,000-$10,500 - 4 (4.5%)
$10,500-$11,000 - 7 (8%)
$11,000-$11,500 - 13 (14.8%)
$11,500-$12,000 - 25 (28.4%)
$12,000-$12,500 - 14 (15.9%)
$12,500-$13,000 - 6 (6.8%)
$13,000-$13,500 - 4 (4.5%)
$13,500-$14,000 - 2 (2.3%)
>$14,000 - 8 (9.1%)
Total Voters: 88

Pages: « 1 ... 19446 19447 19448 19449 19450 19451 19452 19453 19454 19455 19456 19457 19458 19459 19460 19461 19462 19463 19464 19465 19466 19467 19468 19469 19470 19471 19472 19473 19474 19475 19476 19477 19478 19479 19480 19481 19482 19483 19484 19485 19486 19487 19488 19489 19490 19491 19492 19493 19494 19495 [19496] 19497 19498 19499 19500 19501 19502 19503 19504 19505 19506 19507 19508 19509 19510 19511 19512 19513 19514 19515 19516 19517 19518 19519 19520 19521 19522 19523 19524 19525 19526 19527 19528 19529 19530 19531 19532 19533 19534 19535 19536 19537 19538 19539 19540 19541 19542 19543 19544 19545 19546 ... 27377 »
  Print  
Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 23301021 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. (148 posts by 37 users deleted.)
TERA2
Full Member
***
Offline Offline

Activity: 266
Merit: 222


Deb Rah Von Doom


View Profile
February 10, 2018, 07:42:08 AM

memes are in a downtrend
1603126456
Hero Member
*
Offline Offline

Posts: 1603126456

View Profile Personal Message (Offline)

Ignore
1603126456
Reply with quote  #2

1603126456
Report to moderator
1603126456
Hero Member
*
Offline Offline

Posts: 1603126456

View Profile Personal Message (Offline)

Ignore
1603126456
Reply with quote  #2

1603126456
Report to moderator
You get merit points when someone likes your post enough to give you some. And for every 2 merit points you receive, you can send 1 merit point to someone else!
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1603126456
Hero Member
*
Offline Offline

Posts: 1603126456

View Profile Personal Message (Offline)

Ignore
1603126456
Reply with quote  #2

1603126456
Report to moderator
1603126456
Hero Member
*
Offline Offline

Posts: 1603126456

View Profile Personal Message (Offline)

Ignore
1603126456
Reply with quote  #2

1603126456
Report to moderator
HairyMaclairy
Legendary
*
Offline Offline

Activity: 1218
Merit: 1962


Degenerate bull hatter & Bitcoin monotheist


View Profile
February 10, 2018, 07:51:35 AM

Link to 6 hour meme candles?
mike4001
Sr. Member
****
Offline Offline

Activity: 444
Merit: 260


View Profile
February 10, 2018, 07:53:16 AM

BTC dominance is sinking and sinking.

I don't really like this.

Altcoins are thriving just as before the crash and it gets worst.
xhomerx10
Legendary
*
Offline Offline

Activity: 2534
Merit: 3244


Aceeasi Marie cu alta palarie


View Profile
February 10, 2018, 07:57:42 AM

Guys come on. Nobody gives a crap about IQ debates, pen, or other stuff.
Just go there for that : https://bitcointalk.org/index.php?board=9.0

 I disagree.  I love pens.  Look at this one:

The Lighthouse of Alexandria



by Pelikan


You know today is gonna be exciting. When The Wall starts talking about pens.

 I'm excited.
4


Are they available at  penisland.com ?   Grin      (actual website that sold pens, aka "Pen Island")

  No, that site redirects to a malicious site.   Anyway, the pen above is one of a limited edition run of 440.  It would be difficult to find and purchase.


Oh really?
https://www.ebay.com/itm/Pelikan-Limited-Edition-The-Lighthouse-of-Alexandria-Fountain-Pen-/232316991711

 Good job!  Let me know when it arrives.
starmman
Legendary
*
Offline Offline

Activity: 1414
Merit: 1029



View Profile
February 10, 2018, 07:58:38 AM

BTC dominance is sinking and sinking.

I don't really like this.

Altcoins are thriving just as before the crash and it gets worst.
Its likely part of a cycle - I (speculatively) can see an alt bubble followed by a BTC surge
somac.
Sr. Member
****
Offline Offline

Activity: 837
Merit: 288


View Profile
February 10, 2018, 08:09:10 AM

BTC dominance is sinking and sinking.

I don't really like this.

Altcoins are thriving just as before the crash and it gets worst.
Its likely part of a cycle - I (speculatively) can see an alt bubble followed by a BTC surge

Its been a few days since I've checked all the prices and I must say I am stunned that the alts are coming back so hard.

I hope you're right starmman, but, it just doesn't look like BTC will ever regain its dominance to even the 50% level. Hell, look at ripple up 50%, people were wiped out on that recently and it just doesn't seem to matter. I consider most alts to be shit, but, I guess when it's all speculating it doesn't really matter that they are shit.
BTCMILLIONAIRE
Hero Member
*****
Offline Offline

Activity: 1372
Merit: 799



View Profile
February 10, 2018, 08:25:45 AM

BTC dominance is sinking and sinking.

I don't really like this.

Altcoins are thriving just as before the crash and it gets worst.
That's to be expected considering that there is only one Bitcoin and over a thousand altcoins. I don't really see an issue with that though, especially when considering that most altcoins are bound to eventually evaporate like dot com companies and the likes.
BTCMILLIONAIRE
Hero Member
*****
Offline Offline

Activity: 1372
Merit: 799



View Profile
February 10, 2018, 08:28:55 AM

BTC dominance is sinking and sinking.

I don't really like this.

Altcoins are thriving just as before the crash and it gets worst.
Its likely part of a cycle - I (speculatively) can see an alt bubble followed by a BTC surge

Its been a few days since I've checked all the prices and I must say I am stunned that the alts are coming back so hard.

I hope you're right starmman, but, it just doesn't look like BTC will ever regain its dominance to even the 50% level. Hell, look at ripple up 50%, people were wiped out on that recently and it just doesn't seem to matter. I consider most alts to be shit, but, I guess when it's all speculating it doesn't really matter that they are shit.
Altcoins are predominantly denominated in BTC. So when BTC goes up by X%, alts will usually go up by at least X% as well in terms of USD. This will cause people to think that alts are entering a bull run, which might trigger buy orders that will drive up their price in terms of BTC as well, which will ultimately lead to a price rise above the X% of BTC in terms of USD.
somac.
Sr. Member
****
Offline Offline

Activity: 837
Merit: 288


View Profile
February 10, 2018, 08:31:59 AM

BTC dominance is sinking and sinking.

I don't really like this.

Altcoins are thriving just as before the crash and it gets worst.
That's to be expected considering that there is only one Bitcoin and over a thousand altcoins. I don't really see an issue with that though, especially when considering that most altcoins are bound to eventually evaporate like dot com companies and the likes.

With the number of coins slowly losing dominance over time is expected, but, this loss has been quick. What's more, we are likely close to another coin becoming the market leader. Can you imagine that, A banker coin like ripple, and a broken dictator coin like ethereum becoming the peoples choice.

I should never of expected different I guess, most people in this world are dumb arse sheep only care about profits rather than making the financial system better.
somac.
Sr. Member
****
Offline Offline

Activity: 837
Merit: 288


View Profile
February 10, 2018, 08:33:21 AM

BTC dominance is sinking and sinking.

I don't really like this.

Altcoins are thriving just as before the crash and it gets worst.
Its likely part of a cycle - I (speculatively) can see an alt bubble followed by a BTC surge

Its been a few days since I've checked all the prices and I must say I am stunned that the alts are coming back so hard.

I hope you're right starmman, but, it just doesn't look like BTC will ever regain its dominance to even the 50% level. Hell, look at ripple up 50%, people were wiped out on that recently and it just doesn't seem to matter. I consider most alts to be shit, but, I guess when it's all speculating it doesn't really matter that they are shit.
Altcoins are predominantly denominated in BTC. So when BTC goes up by X%, alts will usually go up by at least X% as well in terms of USD. This will cause people to think that alts are entering a bull run, which might trigger buy orders that will drive up their price in terms of BTC as well, which will ultimately lead to a price rise above the X% of BTC in terms of USD.

Why is that happening only now and not before?
Wekkel
Legendary
*
Offline Offline

Activity: 2618
Merit: 1272


yes


View Profile
February 10, 2018, 08:34:24 AM

BTC dominance is sinking and sinking.

I don't really like this.

Altcoins are thriving just as before the crash and it gets worst.
Its likely part of a cycle - I (speculatively) can see an alt bubble followed by a BTC surge

It could indeed be another 'alts surpassing Bitcoin' in terms of drive towards higher prices. A Bitcoin stagnant - Alts booming kind of thing. Not completely irrational since not all alts are trying to solve the problem Bitcoin is trying to solve. But it makes reading the markets harder.
bitebits
Legendary
*
Offline Offline

Activity: 1742
Merit: 1629


Bitcoin != exchange rate


View Profile
February 10, 2018, 08:35:14 AM

Simply see the cost return comparison.

https://docs.google.com/spreadsheets/d/11QS1BBV11KNGTF8N_-fdfmjTZ3WzPQFbLfVrl5n6R8s/edit#gid=1194614223                              

Thanks for sharing, gives me a bit of insight into the world of mining. It is much more easy to just buy those bitcoins straight.
On the other hand it is much more fun to mine them. And when you see those machines humming all day, and realize how competitive and hard it is to obtain a fraction of a bitcoin, you consider even a single bitcoin very valuable.
BTCMILLIONAIRE
Hero Member
*****
Offline Offline

Activity: 1372
Merit: 799



View Profile
February 10, 2018, 08:37:15 AM
Merited by Dabs (1)

Its been a few days since I've checked all the prices and I must say I am stunned that the alts are coming back so hard.

I hope you're right starmman, but, it just doesn't look like BTC will ever regain its dominance to even the 50% level. Hell, look at ripple up 50%, people were wiped out on that recently and it just doesn't seem to matter. I consider most alts to be shit, but, I guess when it's all speculating it doesn't really matter that they are shit.
Altcoins are predominantly denominated in BTC. So when BTC goes up by X%, alts will usually go up by at least X% as well in terms of USD. This will cause people to think that alts are entering a bull run, which might trigger buy orders that will drive up their price in terms of BTC as well, which will ultimately lead to a price rise above the X% of BTC in terms of USD.

Why is that happening only now and not before?
Volume. There's much more people interested in catching the next "big coin" that buy up altcoins these days. Not too long ago alts were largely frowned upon (for good reasons), but this is slowly changing with innovation and adoption.
BTCMILLIONAIRE
Hero Member
*****
Offline Offline

Activity: 1372
Merit: 799



View Profile
February 10, 2018, 08:39:10 AM

BTC dominance is sinking and sinking.

I don't really like this.

Altcoins are thriving just as before the crash and it gets worst.
That's to be expected considering that there is only one Bitcoin and over a thousand altcoins. I don't really see an issue with that though, especially when considering that most altcoins are bound to eventually evaporate like dot com companies and the likes.

With the number of coins slowly losing dominance over time is expected, but, this loss has been quick. What's more, we are likely close to another coin becoming the market leader. Can you imagine that, A banker coin like ripple, and a broken dictator coin like ethereum becoming the peoples choice.

I should never of expected different I guess, most people in this world are dumb arse sheep only care about profits rather than making the financial system better.

This effect is bound to accelerate with the growth of the overall crypto market. The more people buy into Bitcoin, the more people will find interest in altcoins and the larger the potential volume that can trigger growth in altcoins will become. It's a snowball effect.
A question that I find interesting is whether or not Bitcoin will regain dominance massively once the "big crash" comes and useless shitcoins as well as all the ponzis and scams get obliterated.
somac.
Sr. Member
****
Offline Offline

Activity: 837
Merit: 288


View Profile
February 10, 2018, 08:42:27 AM
Merited by Dabs (1)

BTC dominance is sinking and sinking.

I don't really like this.

Altcoins are thriving just as before the crash and it gets worst.
That's to be expected considering that there is only one Bitcoin and over a thousand altcoins. I don't really see an issue with that though, especially when considering that most altcoins are bound to eventually evaporate like dot com companies and the likes.

With the number of coins slowly losing dominance over time is expected, but, this loss has been quick. What's more, we are likely close to another coin becoming the market leader. Can you imagine that, A banker coin like ripple, and a broken dictator coin like ethereum becoming the peoples choice.

I should never of expected different I guess, most people in this world are dumb arse sheep only care about profits rather than making the financial system better.

This effect is bound to accelerate with the growth of the overall crypto market. The more people buy into Bitcoin, the more people will find interest in altcoins and the larger the potential volume that can trigger growth in altcoins will become. It's a snowball effect.
A question that I find interesting is whether or not Bitcoin will regain dominance massively once the "big crash" comes and useless shitcoins as well as all the ponzis and scams get obliterated.

If a big crash happens. They might just drop off one by one, only to be replaced by more new entrants.
rolling
Hero Member
*****
Offline Offline

Activity: 699
Merit: 621


View Profile
February 10, 2018, 08:50:07 AM
Merited by RoomBot (1)

I think alts are a disease and we won't have another 10x or 100x increase until the alts largely die off. Every time bitcoin pumps and the alts pump even harder, it is like cancer overtaking the body every time it starts getting healthy. This sickness will have to run it's course and when the disease has been cured/eradicated, bitcoin can finally grow to it's true potential. This will probably take a few more years.
JayJuanGee
Legendary
*
Online Online

Activity: 2408
Merit: 3341


How much alt coin diversification is needed? 0%?


View Profile
February 10, 2018, 08:54:34 AM

BTC dominance is sinking and sinking.

I don't really like this.

Altcoins are thriving just as before the crash and it gets worst.
Its likely part of a cycle - I (speculatively) can see an alt bubble followed by a BTC surge

Its been a few days since I've checked all the prices and I must say I am stunned that the alts are coming back so hard.

I hope you're right starmman, but, it just doesn't look like BTC will ever regain its dominance to even the 50% level. Hell, look at ripple up 50%, people were wiped out on that recently and it just doesn't seem to matter. I consider most alts to be shit, but, I guess when it's all speculating it doesn't really matter that they are shit.


Market cap and bitcoin dominance can be a misleading indicator for all the reasons that you already stated... so in that regard, people who understand the value of bitcoin are going to realize that bitcoin is the one to buy rather than gambling on those many other alt coins - and useful also NOT to get distracted by coinmarket cap, at least in terms of informing you about the dominance of BTC's fundamentals in comparison to any (and all) of the other coins.
mymenace
Legendary
*
Offline Offline

Activity: 1596
Merit: 1061


Smile


View Profile
February 10, 2018, 08:55:28 AM
Merited by Last of the V8s (1)

BTC dominance is sinking and sinking.

I don't really like this.

Altcoins are thriving just as before the crash and it gets worst.
Its likely part of a cycle - I (speculatively) can see an alt bubble followed by a BTC surge

Its been a few days since I've checked all the prices and I must say I am stunned that the alts are coming back so hard.

I hope you're right starmman, but, it just doesn't look like BTC will ever regain its dominance to even the 50% level. Hell, look at ripple up 50%, people were wiped out on that recently and it just doesn't seem to matter. I consider most alts to be shit, but, I guess when it's all speculating it doesn't really matter that they are shit.


Market cap and bitcoin dominance can be a misleading indicator for all the reasons that you already stated... so in that regard, people who understand the value of bitcoin are going to realize that bitcoin is the one to buy rather than gambling on those many other alt coins - and useful also NOT to get distracted by coinmarket cap, at least in terms of informing you about the dominance of BTC's fundamentals in comparison to any (and all) of the other coins.

Crypto War successful and ongoing (block size, transactions, hard forks, media)

create less reliance on bitcoin and more on centralized tokens

pump alts, sell tokens to newbs

create national tokens (russia coin, Petro coin etc), pump for newbs

sell into bitcoin - big pump (Huge) before next battle on bitcoin exchanges (corrupt, broke, no reserves, multiple exchanges as well as other btc scams)

legislate exchange and ban btc to promote national crypto

btc crash and they hope for good

lets see how it all pans out (within next 10 months)
bitebits
Legendary
*
Offline Offline

Activity: 1742
Merit: 1629


Bitcoin != exchange rate


View Profile
February 10, 2018, 08:57:23 AM

[...] even if you are still spending a considerable amount of time trying to figure out what it is that you invested into, exactly.  hahahahahaha [...]
Working on that on almost a daily basis since Q3 2013. And admittedly still barely have a clue. But since it glows in the dark I can't stop looking at it and investigate why.

[...] Sitarow, would likely fit my rough relative timeline categorization of a BTC OG)...
https://www.urbandictionary.com/define.php?term=OG does not help me much here. What?
Last of the V8s
Legendary
*
Offline Offline

Activity: 1624
Merit: 4269


Be a bank


View Profile
February 10, 2018, 09:08:05 AM
Merited by Dabs (1)

many predictions out there that 'dominance' will fall to 18-22% in 2018 because
greed/newbie speculators/organised pumps/airdrops'n'forks/direct fiat-alt pairs on many exchanges incoming

ready for other stupids: fake news (Peter Woolly is a sex pest(video proof), Maxwell ate my hamster). BCH at 0.45. Lightning not perfect and it's July already (Sept, Nov). Precious metals minor pump. ICO prosecutions=bitcoin is bad. China bans. UK to propose btc is 'against national economic interest' therefore terroristicalist. ETH hacks. Onramps 'hacks'/scams/regulation. No global meltdown in Spring. Or Summer.

we: 'really?'
Pages: « 1 ... 19446 19447 19448 19449 19450 19451 19452 19453 19454 19455 19456 19457 19458 19459 19460 19461 19462 19463 19464 19465 19466 19467 19468 19469 19470 19471 19472 19473 19474 19475 19476 19477 19478 19479 19480 19481 19482 19483 19484 19485 19486 19487 19488 19489 19490 19491 19492 19493 19494 19495 [19496] 19497 19498 19499 19500 19501 19502 19503 19504 19505 19506 19507 19508 19509 19510 19511 19512 19513 19514 19515 19516 19517 19518 19519 19520 19521 19522 19523 19524 19525 19526 19527 19528 19529 19530 19531 19532 19533 19534 19535 19536 19537 19538 19539 19540 19541 19542 19543 19544 19545 19546 ... 27377 »
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!