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Question: How much of your corn do you plan on cashing out in the next massive bull run?
None - 22 (19.3%)
1-10% - 15 (13.2%)
11-20% - 14 (12.3%)
21-30% - 16 (14%)
31-40% - 4 (3.5%)
41-50% - 12 (10.5%)
51-60% - 8 (7%)
61-70% - 5 (4.4%)
71-80% - 3 (2.6%)
81-90% - 2 (1.8%)
91-99% - 3 (2.6%)
100% - 10 (8.8%)
Total Voters: 114

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 21782927 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.)
exstasie
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May 10, 2018, 01:02:36 AM

I have trouble believing 9% of the US population owns crypto.  

That’s 30 million people.  Coinbase has 11 million active users including a large proportion of foreign users.  So maybe 9 million US users which is 2.7% of the population and instinctively feels more realistic.

This might be your culprit:
Quote
internet-connected respondents

A lot of rural and older people don't really use the internet. Same with children, and I doubt the indigent are responding to surveys like these. How they define "internet-connected respondents" must inflate the numbers; it sounds like a more tech-savvy crowd than average. I saw a recent survey that said 5% of the U.S. population owns some cryptocurrency. Even that sounds like too much.
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May 10, 2018, 01:02:58 AM

on like Donkey Kong in the Golan
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May 10, 2018, 01:05:58 AM

Good evening, Bitcoinland.
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May 10, 2018, 01:06:38 AM

Just some interesting things I am looking at today.

Have not tried this but it might be something to look into.
https://hackernoon.com/how-to-setup-bitcoin-historical-price-data-for-algo-trading-in-five-minutes-485cd5a0b3ed...


Basing current BTC futures on historical data is a mistake, futures Markets and institutional investment has changed the trajectory to the point all that data is irrelevant. If I had the capitol I would be using that data as traps so i'd assume they are.
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May 10, 2018, 01:07:55 AM

My grandma is 93 years old, and she was asking me about Bitcorn the other day. That was a bit surprising.
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May 10, 2018, 01:08:26 AM

My grandma is 93 years old, and she was asking me about Bitcorn the other day. That was a bit surprising.

Do the hard sell. Cheesy
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May 10, 2018, 01:14:18 AM

Something is cooking. Might be a good year for bitcoin. Google trends shows not much interest but I am very bullish.
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May 10, 2018, 02:39:56 AM

Something is cooking. Might be a good year for bitcoin. Google trends shows not much interest but I am very bullish.

May 8th

https://www.cnbc.com/video/2018/05/08/wall-streets-embrace-of-bitcoin-will-help-boost-the-cryptocurrency-trader-says.html


Nothing cooking


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May 10, 2018, 02:56:50 AM

My grandma is 93 years old, and she was asking me about Bitcorn the other day. That was a bit surprising.

Tell her to buy and hodl!
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May 10, 2018, 03:36:15 AM

How do people send bitcoin over email these days? You used to be able to use blockchain.info or coinapult to send bitcoin to newbies back in the day but blockchain.info appears to have removed the option and coinapult appears to be no longer supported.
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May 10, 2018, 03:41:52 AM

\

Agree with most of that except the opening. Dash is nothing like Monero and not trying to be.

You are absolutely right:
Monero is decentralized, fairly distributed, without a premine, and truly private.

Dash is none of those.

But this is a bitcoin thread.  I am probably one of the biggest proponents of Monero, but in here I stick to BITCOIN.  Monero is one of the VERY few actually decentralized altcoins with utility.  It will survive as a child of BTC along with Litecoin, and... and... well there *could* be no others.
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May 10, 2018, 03:49:43 AM

I have trouble believing 9% of the US population owns crypto.  

That’s 30 million people.  Coinbase has 11 million active users including a large proportion of foreign users.  So maybe 9 million US users which is 2.7% of the population and instinctively feels more realistic.

There are other on ramps/off ramps besides Coinbase but I agree that the numbers seem high. Most likely due to what is mentioned below.

They surveyed 29,000 people from all over the world who are internet connected. That's actually considerably more than the average survey but still a pitifully small spread. A significant proportion of Americans probably believe the internet harbours Satan.

 I've never understood why anyone pays attention to surveys unless they personally visit every single person in the country. Pollsters can kiss my silky buns too.

Leading questions or just the wrong questions tend to make polling suspect imho as well. I do think that it gives a decent probability range however.

Those stats are pure bullshit.  Not a chance 50% of the world is knowledgeable about crypto.  Only a small percentage of woman are into crypto, which just about destroys that stat.
I would guess less than 2-5% of North Americans could explain what Bitcoin public and private keys are and how they are used.  I would consider that topic crypto 101.

Again..most likely its a number related to persons with a certain degree of technical savvy and a internet connection.

Some of the stats are accurate however.  Such as women and men in Asia more equally holding crypto and knowledge of.
I still find studies like this interesting even if the results are skewed.  One thing for sure... its a growing space!
+1 WOsMerit   I am unsure if it is traumatic bonding or what..but it feels surreal at times hearing and seeing it mentioned daily on major media outlets.

This might be your culprit:
Quote
internet-connected respondents
A lot of rural and older people don't really use the internet. Same with children, and I doubt the indigent are responding to surveys like these. How they define "internet-connected respondents" must inflate the numbers; it sounds like a more tech-savvy crowd than average. I saw a recent survey that said 5% of the U.S. population owns some cryptocurrency. Even that sounds like too much.
+2 WOsMerits  Well said

Basing current BTC futures on historical data is a mistake, futures Markets and institutional investment has changed the trajectory to the point all that data is irrelevant. If I had the capitol I would be using that data as traps so i'd assume they are.
I was more interested in the machine learning and potential AI use aspect of it but I tend to agree with you somewhat. I pointed it out because there has been some interest in bot trading previously in this thread.

My grandma is 93 years old, and she was asking me about Bitcorn the other day. That was a bit surprising.
There are many asking about bitcoin from unexpected angles. That is awesome.did you ask her how she heard of it?   ..I hope I can remember what day it is when and if I reach that age.


Having a hard time tracking this info down..  Has bitcoin previously been on the front page of the NYT? I know there have been quite a few articles but this is the first time I recall it being FP.
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May 10, 2018, 04:00:57 AM

It is interesting going back to old wallets and scrubbing them for "dust" these days.

I went to my old BitPools website files and knew I had used a few test accounts to make sure the whole process worked with some small amounts of bitcoin.

Turns out those small amounts were .5 BTC each. Around 7-8 tests. I had to write some scripts to scrub a few 10,000 keys files but it paid off...literally.

Now I get to gather all of my fork coin bonus points.

I'll probably throw most of the found money into varyon. I see it as more money to go toward my future seastead home.
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May 10, 2018, 04:05:01 AM

GDAX down for scheduled (and well announced) maintenance.
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May 10, 2018, 04:26:00 AM

...ICE was considering launching a swap contract linked to Ether, but backed away from that because of regulatory uncertainty, the people briefed on the effort said. Mr. Chou, at LedgerX, said he made a similar decision and has delayed creating any products linked to Ether. With Bitcoin, on the other hand, Mr. Chou said that road seems to be clear for big institutions to get involved.  “The industry is seeing unprecedented institutional interest for the first time in Bitcoin’s history,” he said. “I’ve been amazed that the strongest believers in cryptocurrency often start out the most skeptical. It’s a healthy skepticism. But at some point the perception shifts, and for many institutions — I think we’re finally there.”

https://www.nytimes.com/2018/05/07/technology/bitcoin-new-york-stock-exchange.html
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May 10, 2018, 04:35:05 AM

It is interesting going back to old wallets and scrubbing them for "dust" these days.

I went to my old BitPools website files and knew I had used a few test accounts to make sure the whole process worked with some small amounts of bitcoin.

Turns out those small amounts were .5 BTC each. Around 7-8 tests. I had to write some scripts to scrub a few 10,000 keys files but it paid off...literally.

Now I get to gather all of my fork coin bonus points.

I'll probably throw most of the found money into varyon. I see it as more money to go toward my future seastead home.
Must be nice to find $60K you forgot about lol
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May 10, 2018, 05:02:34 AM

GDAX just started delivering data again
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May 10, 2018, 05:04:27 AM

GDAX just started delivering data again

Timely maintenance..is this a thing?
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May 10, 2018, 05:06:56 AM

GDAX just started delivering data again

Timely maintenance..is this a thing?

I know right?

I guess this is what we get for them caving to the IRS  Roll Eyes
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May 10, 2018, 06:28:42 AM

Some charts to look at.

This shows some possibilities for the rest of the year.

Have a good night all. #dyor
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