Bitcoin Forum
June 19, 2019, 12:09:15 AM *
News: Latest Bitcoin Core release: 0.18.0 [Torrent] (New!)
 
   Home   Help Search Login Register More  
Poll
Question: Closing BTC Price June 17:
$0 - 4 (3%)
<$6,500 - 7 (5.3%)
$6,500-$6,750 - 1 (0.8%)
$6,751-$7,000 - 2 (1.5%)
$7,001-$7,250 - 3 (2.3%)
$7,251-$7,500 - 6 (4.5%)
$7,501-$7,750 - 4 (3%)
$7,751-$8,000 - 12 (9.1%)
$8,001-$8,250 - 13 (9.8%)
$8,251-$8,500 - 7 (5.3%)
$8,501-$8,750 - 6 (4.5%)
$8,751-$9,000 - 11 (8.3%)
$9,001,$9,250 - 13 (9.8%)
$9,251-$9,500 - 17 (12.9%)
>$9,500 - 17 (12.9%)
$20,000 - 9 (6.8%)
Total Voters: 132

Pages: « 1 ... 19757 19758 19759 19760 19761 19762 19763 19764 19765 19766 19767 19768 19769 19770 19771 19772 19773 19774 19775 19776 19777 19778 19779 19780 19781 19782 19783 19784 19785 19786 19787 19788 19789 19790 19791 19792 19793 19794 19795 19796 19797 19798 19799 19800 19801 19802 19803 19804 19805 19806 [19807] 19808 19809 19810 19811 19812 19813 19814 19815 19816 19817 19818 19819 19820 19821 19822 19823 19824 19825 19826 19827 19828 19829 19830 19831 19832 19833 19834 19835 19836 19837 19838 19839 19840 19841 19842 19843 19844 19845 19846 19847 19848 19849 19850 19851 19852 19853 19854 19855 19856 19857 ... 24238 »
  Print  
Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 21228068 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. (66 posts by 16 users deleted.)
HairyMaclairy
Hero Member
*****
Offline Offline

Activity: 854
Merit: 1401


Degenerate bull hatter & Bitcoin monotheist


View Profile
March 06, 2018, 07:23:13 AM

There are 57.5 million Utxo.   An awful lot of these must be dust or lost keys.  I would have contributed to the dust.

That said I assume Coinbase has far less UTXO than users.
1560902955
Hero Member
*
Offline Offline

Posts: 1560902955

View Profile Personal Message (Offline)

Ignore
1560902955
Reply with quote  #2

1560902955
Report to moderator
1560902955
Hero Member
*
Offline Offline

Posts: 1560902955

View Profile Personal Message (Offline)

Ignore
1560902955
Reply with quote  #2

1560902955
Report to moderator

Mine RVN and with 0% mining fees and get paid in BTC, ETH, XMR or RVN.

www.cudominer.com Get Cudo Miner
Auto coin switching, third-party miners, overclocking and remote management (Win/Linux)
Run from a USB stick or install from an ISO image (Linux)
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
Toxic2040
Hero Member
*****
Offline Offline

Activity: 630
Merit: 983


View Profile
March 06, 2018, 07:25:03 AM

14 million is the amount claimed by coinbase... Is that accurate?  So wouldn't the world's useage be double or triple that?

We are not getting to the 70 million arena (which would be close to 1%) merely based on extrapolations from coinbase's supposed user base, are we?


Actual daily users..  14 mio
People who fomo'd recently and long term hodlers who dont use bitcoin daily.  45-70 mio about .5%-1%
Total number of people exposed to bitcoin and crypto this last hype cycle.  700 mio or about 10% of the planet.

As with any exponential increase its almost impossible to really grasp hold of whats really going on even if its right in front of your eyes. The human mind just can not visualize those kinds of numbers. You have to trust in mathematics.

The jump from where we are at 14 million..or 70 million(which I feel is probably more accurate) to 700 million is going to blow our minds.


Karartma1
Legendary
*
Offline Offline

Activity: 1792
Merit: 1070


Be Revolutionary Or Die Trying


View Profile WWW
March 06, 2018, 07:28:42 AM

Crypto Chart Visionary Art
https://twitter.com/manwithnoname49

Nice!
Absolutely marvelous works of crypto art! Thanks for sharing, now I know where to get Desktop Wallpaper from!
Amazing
HairyMaclairy
Hero Member
*****
Offline Offline

Activity: 854
Merit: 1401


Degenerate bull hatter & Bitcoin monotheist


View Profile
March 06, 2018, 07:30:35 AM

Can you provide a source for 14 million daily users?  Was that on the FoMO peak day?
Maricel2017
Full Member
***
Offline Offline

Activity: 420
Merit: 103


View Profile
March 06, 2018, 07:40:33 AM

BTC Dominance is up to 41.6% now - do you guys think it will hit 50%?
I think more than that dude. Bitcoin will hit $13000 again for this month.
Rosewater Foundation
Sr. Member
****
Offline Offline

Activity: 392
Merit: 254



View Profile
March 06, 2018, 07:43:35 AM

BTC Dominance is up to 41.6% now - do you guys think it will hit 50%?
I think more than that dude. Bitcoin will hit $13000 again for this month.
It will dump just before hitting high noon. Harry just went over this.

Edit: Here

Edit:  the real dump will come when we touch $12k or just before.
madwica
Hero Member
*****
Offline Offline

Activity: 742
Merit: 531


View Profile
March 06, 2018, 07:48:20 AM

BTC Dominance is up to 41.6% now - do you guys think it will hit 50%?
We will do simple party if that would happen. Simple celebration showing i got good enough profit for the continuous increasing of bitcoin value.
Last of the V8s
Legendary
*
Offline Offline

Activity: 1162
Merit: 2209


Be a bank.


View Profile
March 06, 2018, 07:49:10 AM


I keep saying it and it keeps happening.

The one no-one's watching - Unobtanium. Now 4 years old.

Try getting your hands on it - you can't.

Now $170. Immense !!




Lead dev Bryce Weiner. scammy dubious. noty.
JayJuanGee
Legendary
*
Offline Offline

Activity: 1918
Merit: 1791


How much alt coin diversification is needed? 0%?


View Profile
March 06, 2018, 07:50:11 AM

14 million is the amount claimed by coinbase... Is that accurate?  So wouldn't the world's useage be double or triple that?

We are not getting to the 70 million arena (which would be close to 1%) merely based on extrapolations from coinbase's supposed user base, are we?


Actual daily users..  14 mio
People who fomo'd recently and long term hodlers who dont use bitcoin daily.  45-70 mio about .5%-1%
Total number of people exposed to bitcoin and crypto this last hype cycle.  700 mio or about 10% of the planet.

As with any exponential increase its almost impossible to really grasp hold of whats really going on even if its right in front of your eyes. The human mind just can not visualize those kinds of numbers. You have to trust in mathematics.

The jump from where we are at 14 million..or 70 million(which I feel is probably more accurate) to 700 million is going to blow our minds.

This conversation is getting further and further into the ungrounded speculations... I say whoaza to all of it...

daily users = peeps who have held or used $1k of bitcoin over the past year   - 14 million peeps

recently fomoed - perhaps only $100 of bitcoin or more in the past year  - 45-70 million peeps  (that is just amazing speculation to assert)

total number "exposed" whatever that means (they heard about bitcoin - 700 million peeps .... OMG... you are grasping, and who cares about the 700 million who heard about bitcoin, they have not yet acted in any kind of material way, and if you really ask them to describe bitcoin, they have more than a 95% chance of getting it wrong in a large way and not having any kind of clue about how to get started or even having any motivation to get started.

I will agree with you that it is going to be amazing to get these 10% to onboard, but good luck accomplishing that in the next 5 years.

Can you provide a source for 14 million daily users?  Was that on the FoMO peak day?

I  believe that Toxic really did justice to "toxic" this time, and perhaps it was hallucinogenic mushrooms?
Traxo
Full Member
***
Offline Offline

Activity: 353
Merit: 139



View Profile
March 06, 2018, 07:56:51 AM

BTC Dominance is up to 41.6% now - do you guys think it will hit 50%?

How about ~100%?
Spaceman_Spiff_Original
Full Member
***
Offline Offline

Activity: 326
Merit: 126



View Profile
March 06, 2018, 08:01:16 AM

1% adoption of bitcoin is 100% of what I expected in a good scenario. Most national currencies are used by less than 1% of the world. The idea of a whole world that uses bitcoin is a fantasy.
Why would it be a fantasy?  Usage of national currencies being largely confined to their own nation seems only logical, bitcoin being unable to be used worldwide seems illogical.
Toxic2040
Hero Member
*****
Offline Offline

Activity: 630
Merit: 983


View Profile
March 06, 2018, 08:42:23 AM
Last edit: March 06, 2018, 09:52:21 AM by Toxic2040

This conversation is getting further and further into the ungrounded speculations... I say whoaza to all of it...

daily users = peeps who have held or used $1k of bitcoin over the past year   - 14 million peeps

recently fomoed - perhaps only $100 of bitcoin or more in the past year  - 45-70 million peeps  (that is just amazing speculation to assert)

total number "exposed" whatever that means (they heard about bitcoin - 700 million peeps .... OMG... you are grasping, and who cares about the 700 million who heard about bitcoin, they have not yet acted in any kind of material way, and if you really ask them to describe bitcoin, they have more than a 95% chance of getting it wrong in a large way and not having any kind of clue about how to get started or even having any motivation to get started.

I will agree with you that it is going to be amazing to get these 10% to onboard, but good luck accomplishing that in the next 5 years.

Can you provide a source for 14 million daily users?  Was that on the FoMO peak day?

I  believe that Toxic really did justice to "toxic" this time, and perhaps it was hallucinogenic mushrooms?


Did I miss the speculation part of this thread? That is what we are doing is it not? I am just extrapolating data as I see it JJG. I am far from a expert so you cant take it for what it is.
As of last year however there were up to 5.8 million unique bitcoin addresses...so  I guess the numbers are off if you think all the normies have full nodes. I highly doubt it myself, most dont even know what a node is. I would say most keep their corns insecurely on exchanges or phone apps. What do you think the adoption rate has been over the last few months? I feel like its increasing dramatically..people I havent talked to in ages are calling and asking about bitcoin. My sister for crying out loud called me not a week ago and asked if I could help her understand bitcoin. WAKE THE FUCK UP!

Here is a study Cambridge University did last year, so I cant confirm its veracity. How ever it does have some interesting data that I qouted above. I am purely speculating when I say 14 million but when dealing with exponential increases by the time you realize it is upon you its already happened.
https://web.archive.org/web/20170410130007/https://www.jbs.cam.ac.uk/fileadmin/user_upload/research/centres/alternative-finance/downloads/2017-global-cryptocurrency-benchmarking-study.pdf

Anyway..back to my cave.

Icygreen
Sr. Member
****
Offline Offline

Activity: 721
Merit: 401



View Profile
March 06, 2018, 09:55:49 AM
Merited by LFC_Bitcoin (1), DeathAngel (1), micgoossens (1)

Maybe the price is staying in this range because most of the newcomers since December bought between 15-19k range. There's a big percentage waiting to break even and perhaps exit after realizing that they don't have the stomach for volatility. Whales may be teasing the price to an "acceptable Loss" range before an eventual retest of the ath. Who knows when that'll be but I suspect it'll be when nobody longer believes it can get there again. Rinse and repeat to new ath perhaps.

I wish I could go more than half a day without checking on price. And I don't even trade so it's of no consequence to me other than excitement of a pump or btfd.
LFC_Bitcoin
Copper Member
Legendary
*
Offline Offline

Activity: 1736
Merit: 1787


One of the world's leading Bitcoin-powered casinos


View Profile
March 06, 2018, 10:00:10 AM
Merited by micgoossens (1)

Maybe the price is staying in this range because most of the newcomers since December bought between 15-19k range. There's a big percentage waiting to break even and perhaps exit after realizing that they don't have the stomach for volatility. Whales may be teasing the price to an "acceptable Loss" range before an eventual retest of the ath. Who knows when that'll be but I suspect it'll be when nobody longer believes it can get there again. Rinse and repeat to new ath perhaps.

I wish I could go more than half a day without checking on price. And I don't even trade so it's of no consequence to me other than excitement of a pump or btfd.


Same here, I don’t trade. Just a long term HODLER, obviously nice to see the price go up though.
Also I can’t go a day without checking the price either, even when I’m on holiday I check it multiple times a day.

I’m currently waiting for the entire blockchain to sync on a new laptop so I can move my coins out of my current laptop & claim all the shitcoins (minus BCH, BTG & Bitcore, already had my wicked way with those).
bitcoinPsycho
Full Member
***
Offline Offline

Activity: 686
Merit: 220


$100,000 BTC in one hour🍄💊


View Profile
March 06, 2018, 10:05:23 AM

Maybe the price is staying in this range because most of the newcomers since December bought between 15-19k range. There's a big percentage waiting to break even and perhaps exit after realizing that they don't have the stomach for volatility. Whales may be teasing the price to an "acceptable Loss" range before an eventual retest of the ath. Who knows when that'll be but I suspect it'll be when nobody longer believes it can get there again. Rinse and repeat to new ath perhaps.

I wish I could go more than half a day without checking on price. And I don't even trade so it's of no consequence to me other than excitement of a pump or btfd.

I think we all have a problem here
micgoossens
Hero Member
*****
Online Online

Activity: 714
Merit: 2164


We Vegeta !!!!


View Profile
March 06, 2018, 10:18:12 AM
Merited by LFC_Bitcoin (1)

Maybe the price is staying in this range because most of the newcomers since December bought between 15-19k range. There's a big percentage waiting to break even and perhaps exit after realizing that they don't have the stomach for volatility. Whales may be teasing the price to an "acceptable Loss" range before an eventual retest of the ath. Who knows when that'll be but I suspect it'll be when nobody longer believes it can get there again. Rinse and repeat to new ath perhaps.

I wish I could go more than half a day without checking on price. And I don't even trade so it's of no consequence to me other than excitement of a pump or btfd.


Same here, I don’t trade. Just a long term HODLER, obviously nice to see the price go up though.
Also I can’t go a day without checking the price either, even when I’m on holiday I check it multiple times a day.

I’m currently waiting for the entire blockchain to sync on a new laptop so I can move my coins out of my current laptop & claim all the shitcoins (minus BCH, BTG & Bitcore, already had my wicked way with those).

same here convinced of beeing a long ....very LONG time hodler but still cannot see a day without multiple times checking the price ... maybe its not the best but for sure it ain't not the worst as well
TERA2
Full Member
***
Offline Offline

Activity: 266
Merit: 222


Deb Rah Von Doom


View Profile
March 06, 2018, 10:31:56 AM

Well there goes the future of money.
fragout
Legendary
*
Offline Offline

Activity: 1233
Merit: 1010



View Profile
March 06, 2018, 10:34:01 AM

Well there goes the future of money.

Don't panic . This is pure manipulation led by some bitstamp traders. They are walling up after each sell off and forcing the price down.
Phil_S
Sr. Member
****
Offline Offline

Activity: 714
Merit: 258


We choose to go to the moon


View Profile
March 06, 2018, 10:34:32 AM

I wish I could go more than half a day without checking on price. And I don't even trade so it's of no consequence to me other than excitement of a pump or btfd.

I managed to ignore the price for a while, back in 2015...  Smiley

P.S. Are we below 11k again? Always something's happening these days.
LFC_Bitcoin
Copper Member
Legendary
*
Offline Offline

Activity: 1736
Merit: 1787


One of the world's leading Bitcoin-powered casinos


View Profile
March 06, 2018, 10:35:34 AM

Maybe the price is staying in this range because most of the newcomers since December bought between 15-19k range. There's a big percentage waiting to break even and perhaps exit after realizing that they don't have the stomach for volatility. Whales may be teasing the price to an "acceptable Loss" range before an eventual retest of the ath. Who knows when that'll be but I suspect it'll be when nobody longer believes it can get there again. Rinse and repeat to new ath perhaps.

I wish I could go more than half a day without checking on price. And I don't even trade so it's of no consequence to me other than excitement of a pump or btfd.


Same here, I don’t trade. Just a long term HODLER, obviously nice to see the price go up though.
Also I can’t go a day without checking the price either, even when I’m on holiday I check it multiple times a day.

I’m currently waiting for the entire blockchain to sync on a new laptop so I can move my coins out of my current laptop & claim all the shitcoins (minus BCH, BTG & Bitcore, already had my wicked way with those).

same here convinced of beeing a long ....very LONG time hodler but still cannot see a day without multiple times checking the price ... maybe its not the best but for sure it ain't not the worst as well

How are we supposed to not check the price when some of our & our families & their families long term futures are in this thing Cheesy

I think mid 2021 is when we’re going to be struggling not to sell a large % for HUGE profits.
Pages: « 1 ... 19757 19758 19759 19760 19761 19762 19763 19764 19765 19766 19767 19768 19769 19770 19771 19772 19773 19774 19775 19776 19777 19778 19779 19780 19781 19782 19783 19784 19785 19786 19787 19788 19789 19790 19791 19792 19793 19794 19795 19796 19797 19798 19799 19800 19801 19802 19803 19804 19805 19806 [19807] 19808 19809 19810 19811 19812 19813 19814 19815 19816 19817 19818 19819 19820 19821 19822 19823 19824 19825 19826 19827 19828 19829 19830 19831 19832 19833 19834 19835 19836 19837 19838 19839 19840 19841 19842 19843 19844 19845 19846 19847 19848 19849 19850 19851 19852 19853 19854 19855 19856 19857 ... 24238 »
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!