Bitcoin Forum
April 17, 2024, 09:17:41 PM *
News: Latest Bitcoin Core release: 26.0 [Torrent]
 
   Home   Help Search Login Register More  
Poll
Question: What happens first:
New ATH - 43 (69.4%)
<$60,000 - 19 (30.6%)
Total Voters: 62

Pages: « 1 ... 19945 19946 19947 19948 19949 19950 19951 19952 19953 19954 19955 19956 19957 19958 19959 19960 19961 19962 19963 19964 19965 19966 19967 19968 19969 19970 19971 19972 19973 19974 19975 19976 19977 19978 19979 19980 19981 19982 19983 19984 19985 19986 19987 19988 19989 19990 19991 19992 19993 19994 [19995] 19996 19997 19998 19999 20000 20001 20002 20003 20004 20005 20006 20007 20008 20009 20010 20011 20012 20013 20014 20015 20016 20017 20018 20019 20020 20021 20022 20023 20024 20025 20026 20027 20028 20029 20030 20031 20032 20033 20034 20035 20036 20037 20038 20039 20040 20041 20042 20043 20044 20045 ... 33273 »
  Print  
Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26363201 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.)
markj113
Legendary
*
Offline Offline

Activity: 2254
Merit: 1043



View Profile
April 01, 2018, 05:10:25 PM
Last edit: April 01, 2018, 05:29:37 PM by markj113
Merited by Rsiyz (1)

For the gold bugs:




Except your charts are nonsense.

Gold cannot be counterfeited.  It is an element and cannot be recreated.  You can buy something shiny and yellow but its not hard to work out if its real gold or not.

Sovereign - Most countries issue government gold e.g. eagles, britannias, krugerrands, pandas etc.  and what about the "Gold sovereign" is that sovereign enough for you.

Decentralised - how many people own a gold ring or piece of jewellery.  A lot more than hold crypto + you have individual investors that purchase gold in bar or coin form.

Divisible - you can buy gold down to grains (15.4324 grains to 1 gram), gold flakes, gold leaf etc.

Portability - a 1kg gold bar is the size of a smart phone, how big is a pile of fiat worth £32k?

Scarce - All the gold ever mined fits in 1 Olympic swimming pool.

Easily transactable - Depends how you define it.  Globally you can walk into a dealer/jeweller with gold and walk out with the local currency.  I have previously sold over £50k gold to a bullion dealer, walked in and funds were in my account by the next morning.  Currently have over £400k worth of gold which will be easy to sell in 1 hit when I choose too.

SMART (programmable) - Just another way of saying "adding 3rd party risk" as the programmable parameters of bitcoin are not in your control.

Biased nonsense.
1713388661
Hero Member
*
Offline Offline

Posts: 1713388661

View Profile Personal Message (Offline)

Ignore
1713388661
Reply with quote  #2

1713388661
Report to moderator
1713388661
Hero Member
*
Offline Offline

Posts: 1713388661

View Profile Personal Message (Offline)

Ignore
1713388661
Reply with quote  #2

1713388661
Report to moderator
1713388661
Hero Member
*
Offline Offline

Posts: 1713388661

View Profile Personal Message (Offline)

Ignore
1713388661
Reply with quote  #2

1713388661
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1713388661
Hero Member
*
Offline Offline

Posts: 1713388661

View Profile Personal Message (Offline)

Ignore
1713388661
Reply with quote  #2

1713388661
Report to moderator
1713388661
Hero Member
*
Offline Offline

Posts: 1713388661

View Profile Personal Message (Offline)

Ignore
1713388661
Reply with quote  #2

1713388661
Report to moderator
1713388661
Hero Member
*
Offline Offline

Posts: 1713388661

View Profile Personal Message (Offline)

Ignore
1713388661
Reply with quote  #2

1713388661
Report to moderator
bones261
Legendary
*
Offline Offline

Activity: 1806
Merit: 1826



View Profile
April 01, 2018, 05:11:09 PM



Of course. The bottom is less than $7000 away, the ATH is $13000 away. (absolutely 100% certain, not guesswork !)

There is a point to thinkng about it this way.

Shouldn't we be using a different scale here rather than linear? A 50% drop seems ~ equivalent to a 100% rise, due to simple supply and demand. I know the right scale isn't exactly parabolic due to Fomo and panic selling; however, I would expect the rise in support would eventually reach a bend in a J curve and some low price.
markj113
Legendary
*
Offline Offline

Activity: 2254
Merit: 1043



View Profile
April 01, 2018, 05:18:46 PM

p.s. gold supply is infinite in an infinite universe, please stop spreading fake news Smiley.

No probs, if you can supply it in unlimited quantities below current market rate drop me a pm.

Didn't realise Pivx was funding an interstellar mining operation, you should pair with wirelesscoin that were doing timetravel Smiley
B1tUnl0ck3r
Sr. Member
****
Offline Offline

Activity: 854
Merit: 277

liife threw a tempest at you? be a coconut !


View Profile
April 01, 2018, 05:21:07 PM

p.s. gold supply is infinite in an infinite universe, please stop spreading fake news Smiley.

No probs, if you can supply it in unlimited quantities below current market rate drop me a pm.

Didn't realise Pivx was funding an interstellar mining operation.

just solar for starter... trying to keep expectations low Smiley. the problem is that you can't store it in unlimited quantities... Smiley.
Dakustaking76
Sr. Member
****
Offline Offline

Activity: 579
Merit: 267


View Profile
April 01, 2018, 05:23:34 PM

Lol what does the new poll means about bitcoin cash??? Taking over bitcoin core And Be the real bitcoin??
Sarcasm ore do you guys mean it?
bones261
Legendary
*
Offline Offline

Activity: 1806
Merit: 1826



View Profile
April 01, 2018, 05:24:45 PM

Lol what does the new poll means about bitcoin cash??? Taking over bitcoin core And Be the real bitcoin??
Sarcasm ore do you guys mean it?

There should be the option of never on the poll.  Angry
RayX12
Hero Member
*****
Offline Offline

Activity: 952
Merit: 552


View Profile
April 01, 2018, 05:24:49 PM

Sound like you can avoid paying taxes on crypto if you move to Puerto Rico?

https://www.democracynow.org/2018/3/21/the_battle_for_paradise_naomi_klein

"But in addition to that, these twin laws, Act 20 and Act 22, mean that if you relocate to Puerto Rico for just half the year—so you can basically just skip winter, which I’m sure, to New Yorkers, sounds very appealing just about now—so you spend 183 days in Puerto Rico, and, in return, you don’t pay federal taxes. You don’t pay taxes on dividends. You don’t pay taxes—capital gains taxes on interest. And if you change the address of your financial services company or your cryptocurrency company, then you’d pay a 4 percent corporate tax rate. So, if you think about what’s just happened to U.S. tax law, where Trump has offered this huge tax reduction which brings the corporate tax rate to 20 percent, Puerto Rico is besting that with a 4 percent corporate tax rate. So they’re doing absolutely everything they can to lure high-net-worth individuals and these very mobile industries, that basically can do what they do from wherever they have access to data. And so, now there’s a big push to attract the cryptocurrency market to Puerto Rico."

A review of this article by Keiser report here:

https://www.rt.com/shows/keiser-report/422841-episode-max-keiser-1208/
mike4001
Sr. Member
****
Offline Offline

Activity: 443
Merit: 260


View Profile
April 01, 2018, 05:24:56 PM

Nice pump.

Should I now sell everything before the inevidible dump ?
samson
Legendary
*
Offline Offline

Activity: 2097
Merit: 1068


View Profile
April 01, 2018, 05:25:49 PM

What's up with that new poll, it's a bit weird ?
Jacques_Bittard
Member
**
Offline Offline

Activity: 154
Merit: 10

.


View Profile
April 01, 2018, 05:27:06 PM

Nice pump.

Should I now sell everything before the inevidible dump ?

Probably.. the general rule is that you sell during this quick pumps. Quick pumps like that are meant to cause FOMO and because of that, a slow bleed downwards will probably follow.
scum
Member
**
Offline Offline

Activity: 83
Merit: 14


View Profile
April 01, 2018, 05:28:45 PM

Nice pump.

Should I now sell everything before the inevidible dump ?

No wait until summer and sell before the inevitable dump at $100k/$200k.
ssmc2
Legendary
*
Offline Offline

Activity: 2002
Merit: 1040


View Profile
April 01, 2018, 05:29:59 PM

What's up with that new poll, it's a bit weird ?

I think we've been April fooled
RayX12
Hero Member
*****
Offline Offline

Activity: 952
Merit: 552


View Profile
April 01, 2018, 05:30:05 PM

For the gold bugs:




....

Biased nonsense.

Proof is in the price:

markj113
Legendary
*
Offline Offline

Activity: 2254
Merit: 1043



View Profile
April 01, 2018, 05:32:24 PM

Proof is in the price:

So you are comparing 1 bitcoin to 1 troy oz?

How did you come to those units of measurement.

Gold is often sold in grains, grams, imperial oz, troy oz, tolas, taels, kg, tonnes.

Direct comparison is impossible.

Try comparing total market cap and come back to me.

B1tUnl0ck3r
Sr. Member
****
Offline Offline

Activity: 854
Merit: 277

liife threw a tempest at you? be a coconut !


View Profile
April 01, 2018, 05:33:30 PM

Proof is in the price:

So you are comparing 1 bitcoin to 1 troy oz?

How did you come to those units of measurement.

Gold is often sold in grains, grams, imperial oz, troy oz, tolas, taels, kg, tonnes.

Direct comparison is impossible.

Try comparing total market cap and come back to me.



the price doesn't have to reflect reality Smiley. Why would it?
samson
Legendary
*
Offline Offline

Activity: 2097
Merit: 1068


View Profile
April 01, 2018, 05:35:39 PM

What's up with that new poll, it's a bit weird ?

I think we've been April fooled

Ah yes, I forgot about that - it's early tomorrow already here.
RayX12
Hero Member
*****
Offline Offline

Activity: 952
Merit: 552


View Profile
April 01, 2018, 05:37:46 PM

Proof is in the price:

So you are comparing 1 bitcoin to 1 troy oz?

How did you come to those units of measurement.

Gold is often sold in grains, grams, imperial oz, troy oz, tolas, taels, kg, tonnes.

Direct comparison is impossible.

Try comparing total market cap and come back to me.



the price doesn't have to reflect reality Smiley. Why would it?

Of course it does...  no arguments here. 

I am comparing price graph which shows a trend..  The trend is your friend.   Grin Grin
B1tUnl0ck3r
Sr. Member
****
Offline Offline

Activity: 854
Merit: 277

liife threw a tempest at you? be a coconut !


View Profile
April 01, 2018, 05:42:14 PM



Of course it does...  no arguments here. 



facts like prices don't need arguments Smiley.
Dunkelheit667
Legendary
*
Offline Offline

Activity: 1045
Merit: 1157


no degradation


View Profile
April 01, 2018, 05:45:33 PM

One of the few charts I can wrap my head around.
Assuming the graph data is accurate: the colors are too red. My first impression from this graph is more negative than positive months, but that's not true.
There are 22 negative and 29 positive months. The positive yellow-orange should be light green.
What about some traffic lights? Wink



It looks like April should glow green.
RayX12
Hero Member
*****
Offline Offline

Activity: 952
Merit: 552


View Profile
April 01, 2018, 05:50:53 PM

Except I did not state that bitcoin hasn't performed well.  I stated the chart you posted was factually incorrect and biased.

You are right there might be inconsistencies.  There always is and depending on your perspective.

On the other hand it must be frustrating HODLING gold.

Pages: « 1 ... 19945 19946 19947 19948 19949 19950 19951 19952 19953 19954 19955 19956 19957 19958 19959 19960 19961 19962 19963 19964 19965 19966 19967 19968 19969 19970 19971 19972 19973 19974 19975 19976 19977 19978 19979 19980 19981 19982 19983 19984 19985 19986 19987 19988 19989 19990 19991 19992 19993 19994 [19995] 19996 19997 19998 19999 20000 20001 20002 20003 20004 20005 20006 20007 20008 20009 20010 20011 20012 20013 20014 20015 20016 20017 20018 20019 20020 20021 20022 20023 20024 20025 20026 20027 20028 20029 20030 20031 20032 20033 20034 20035 20036 20037 20038 20039 20040 20041 20042 20043 20044 20045 ... 33273 »
  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!