Bitcoin Forum
June 18, 2025, 04:55:17 AM *
News: Latest Bitcoin Core release: 29.0 [Torrent]
 
   Home   Help Search Login Register More  
Poll
Question: How far will this leg take us?
$110K - 6 (7.1%)
$120K - 14 (16.7%)
$130K - 12 (14.3%)
$140K - 9 (10.7%)
$150K - 14 (16.7%)
$160K - 1 (1.2%)
$170K+ - 28 (33.3%)
Total Voters: 84

Pages: « 1 ... 20523 20524 20525 20526 20527 20528 20529 20530 20531 20532 20533 20534 20535 20536 20537 20538 20539 20540 20541 20542 20543 20544 20545 20546 20547 20548 20549 20550 20551 20552 20553 20554 20555 20556 20557 20558 20559 20560 20561 20562 20563 20564 20565 20566 20567 20568 20569 20570 20571 20572 [20573] 20574 20575 20576 20577 20578 20579 20580 20581 20582 20583 20584 20585 20586 20587 20588 20589 20590 20591 20592 20593 20594 20595 20596 20597 20598 20599 20600 20601 20602 20603 20604 20605 20606 20607 20608 20609 20610 20611 20612 20613 20614 20615 20616 20617 20618 20619 20620 20621 20622 20623 ... 34644 »
  Print  
Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26794783 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 1 users with 9 merit deleted.)
yefi
Legendary
*
Offline Offline

Activity: 2842
Merit: 1511



View Profile
June 24, 2018, 06:12:29 PM
Merited by kurious (1)

You see the use of the word 'World' in this instance means literally EVERY contry in the world can enter their national team in it.  Unlike in America where the use of the word 'world' in sport (e.g. the baseball World Series) can mean only teams based in America normally take part.

Grin

It's a great little trick to be the best nation at a sport though, you have to hand it to them.
wayna
Full Member
***
Offline Offline

Activity: 483
Merit: 119



View Profile
June 24, 2018, 06:51:15 PM

Looking at charts it seems a classic bull trap.

True that the price couldn't drop too much on Sunday!
STT
Legendary
*
Offline Offline

Activity: 4312
Merit: 1474



View Profile WWW
June 24, 2018, 07:05:41 PM

So its a dramatic breakdown from the point we hoped would be bullish.    I guess it was a significant point to watch, trigger from to a few different packs of people trading round the world

The price now is just generally on weekly bars, the novemeber low and october highs so justified again as significant.  I think the situation again needs to develop to be sure what way it'll go but standard view would to see it as support and building from there.
LFC_Bitcoin
Diamond Hands
Legendary
*
Offline Offline

Activity: 3934
Merit: 11547


#1 VIP Crypto Casino


View Profile
June 24, 2018, 07:21:37 PM

Looking at charts it seems a classic bull trap.

True that the price couldn't drop too much on Sunday!

The price regularly nosedives on a weekend dumb noob

Doesn't make any sense to sell now even if its headed to sub $4k.
I don't totally agree with this, obviously.
But good luck.

Funny story. I was mumbling to Rick just earlier today about "Well, if we're in a fucking bear market, maybe I should sell some Corn and re-buy when it goes lower."

Price was dropping down to $5,800 when I grumbled that.

Rick's all like "Fuck that man. You're retired. Your stack is too high. Don't risk it."

I shit you not.

30 minutes later, big-ass spike back above $6k.

You can all thank Rick for me not doing something stupid, like taking a dump, I guess.

Thanks Rick Wink
jojo69
Legendary
*
Online Online

Activity: 3556
Merit: 5091


diamond-handed zealot


View Profile
June 24, 2018, 07:35:20 PM

Doesn't make any sense to sell now even if its headed to sub $4k.
I don't totally agree with this, obviously.
But good luck.

Funny story. I was mumbling to Rick just earlier today about "Well, if we're in a fucking bear market, maybe I should sell some Corn and re-buy when it goes lower."

Price was dropping down to $5,800 when I grumbled that.

Rick's all like "Fuck that man. You're retired. Your stack is too high. Don't risk it."

I shit you not.

30 minutes later, big-ass spike back above $6k.

You can all thank Rick for me not doing something stupid, like taking a dump, I guess.

always a fan of big dick ginger Rick
starmman
Legendary
*
Offline Offline

Activity: 1484
Merit: 1029



View Profile
June 24, 2018, 08:22:55 PM

Doesn't make any sense to sell now even if its headed to sub $4k.
I don't totally agree with this, obviously.
But good luck.

Funny story. I was mumbling to Rick just earlier today about "Well, if we're in a fucking bear market, maybe I should sell some Corn and re-buy when it goes lower."

Price was dropping down to $5,800 when I grumbled that.

Rick's all like "Fuck that man. You're retired. Your stack is too high. Don't risk it."

I shit you not.

30 minutes later, big-ass spike back above $6k.

You can all thank Rick for me not doing something stupid, like taking a dump, I guess.

I'm HODLing and keeping my fingers crossed
Ibian
Legendary
*
Offline Offline

Activity: 2268
Merit: 1278



View Profile
June 24, 2018, 08:29:23 PM

Doesn't make any sense to sell now even if its headed to sub $4k.
I don't totally agree with this, obviously.
But good luck.

Funny story. I was mumbling to Rick just earlier today about "Well, if we're in a fucking bear market, maybe I should sell some Corn and re-buy when it goes lower."

Price was dropping down to $5,800 when I grumbled that.

Rick's all like "Fuck that man. You're retired. Your stack is too high. Don't risk it."

I shit you not.

30 minutes later, big-ass spike back above $6k.

You can all thank Rick for me not doing something stupid, like taking a dump, I guess.
My personal goal is to get enough fiat to be set for life (at current valuation, at least) and then just let the rest ride. Billionaire or bum, I don't do anything halfway.
mike4001
Sr. Member
****
Offline Offline

Activity: 443
Merit: 260


View Profile
June 24, 2018, 08:40:25 PM

Holy Shit ... Bitcoin difficulty is projected to increase by ~24% in 6 days ...

OK, the culprit is the decrease of BCH because miners switched over to mine BTC instead.

But I believe that the point where mining costs are higher than the BTC value must be here (or nearly here)
jojo69
Legendary
*
Online Online

Activity: 3556
Merit: 5091


diamond-handed zealot


View Profile
June 24, 2018, 08:48:45 PM

Toxic2040
Legendary
*
Offline Offline

Activity: 1834
Merit: 4197



View Profile
June 24, 2018, 08:57:14 PM

Good afternoon all. I had some things come up today so no HNWI article as of now. Maybe later tonight I will get time to put down some more thoughts. I will leave you with the basic premise.

There are over 17 million HNWI's with combined assets totaling over 70 trillion. How many are invested in bitcoin? How much have they invested. How many more are interested in bitcoin but have yet to invest? How much of their assets would they be willing to risk in the nascent bitcoin industry? What could the bitcoin community do to attract such investors?

While many advocate a grass roots type of adoption, e.g. millions of small investors to drive the price upwards, it will most likely be HNWI's and institutional investors that lead the way towards new ATH's in the shorter time frame.

Something to think about.


----------
Bitcoin

1h


4h


D
ccminer.net
Sr. Member
****
Offline Offline

Activity: 595
Merit: 251


View Profile
June 24, 2018, 08:58:57 PM

Holy Shit ... Bitcoin difficulty is projected to increase by ~24% in 6 days ...

OK, the culprit is the decrease of BCH because miners switched over to mine BTC instead.

But I believe that the point where mining costs are higher than the BTC value must be here (or nearly here)

Depends on which country you are based, sure is that in a while just in Venezuela they will be able to mine with no loss if we go ahead like this
Ibian
Legendary
*
Offline Offline

Activity: 2268
Merit: 1278



View Profile
June 24, 2018, 09:08:45 PM

Holy Shit ... Bitcoin difficulty is projected to increase by ~24% in 6 days ...

OK, the culprit is the decrease of BCH because miners switched over to mine BTC instead.

But I believe that the point where mining costs are higher than the BTC value must be here (or nearly here)

Depends on which country you are based, sure is that in a while just in Venezuela they will be able to mine with no loss if we go ahead like this
Oy mate, you saying socialism doesn't work?
Anon136
Legendary
*
Offline Offline

Activity: 1722
Merit: 1217



View Profile
June 24, 2018, 09:09:26 PM

Depends on which country you are based, sure is that in a while just in Venezuela they will be able to mine with no loss if we go ahead like this

Venezuelans think bitcoin is in a bull market. Cheesy
Raja_MBZ
Legendary
*
Offline Offline

Activity: 1806
Merit: 1520



View Profile
June 24, 2018, 09:30:07 PM

Depends on which country you are based, sure is that in a while just in Venezuela they will be able to mine with no loss if we go ahead like this

Venezuelans think bitcoin is in a bull market. Cheesy

Actually, for Venezuelans, bitcoin really is still in bull market. Their currency has declined faster than bitcoin if last 6 months of "bearish" trend of bitcoin are considered.

See this:



*looks pretty bullish, this is BTC to VEF*
rolling
Hero Member
*****
Offline Offline

Activity: 824
Merit: 712


View Profile
June 24, 2018, 09:31:14 PM

Holy Shit ... Bitcoin difficulty is projected to increase by ~24% in 6 days ...

OK, the culprit is the decrease of BCH because miners switched over to mine BTC instead.

But I believe that the point where mining costs are higher than the BTC value must be here (or nearly here)

I don't know where you are getting the ~24% projection but it isn't even close to accurate.
eth9888
Full Member
***
Offline Offline

Activity: 291
Merit: 105


View Profile
June 24, 2018, 09:34:19 PM

Depends on which country you are based, sure is that in a while just in Venezuela they will be able to mine with no loss if we go ahead like this

Venezuelans think bitcoin is in a bull market. Cheesy

Actually, for Venezuelans, bitcoin really is still in bull market. Their currency has declined faster than bitcoin if last 6 months of "bearish" trend of bitcoin are considered.

See this:



*looks pretty bullish, this is BTC to VEF*

lol yeh, as if it matters
hodl_2015
Member
**
Offline Offline

Activity: 371
Merit: 57


View Profile
June 24, 2018, 09:35:02 PM

Holy Shit ... Bitcoin difficulty is projected to increase by ~24% in 6 days ...
OK, the culprit is the decrease of BCH because miners switched over to mine BTC instead.
So in 6 days these miners will switch back to BCH, and we will be stuck with a high difficulty for how many blocks?
cAPSLOCK
Legendary
*
Online Online

Activity: 4046
Merit: 6170



View Profile
June 24, 2018, 09:59:18 PM
Merited by infofront (1)

Depends on which country you are based, sure is that in a while just in Venezuela they will be able to mine with no loss if we go ahead like this

Venezuelans think bitcoin is in a bull market. Cheesy

Actually, for Venezuelans, bitcoin really is still in bull market. Their currency has declined faster than bitcoin if last 6 months of "bearish" trend of bitcoin are considered.

See this:



*looks pretty bullish, this is BTC to VEF*

lol yeh, as if it matters

It is one of the fundamental things that matters the most.  Bitcoin is not going to displace the worlds reserve currency, or even make a dent in it before it has taken out low hanging fruit like the Bolivar.

Venezuela is one of the places hyperbitcoinization happens first.   

You'll see.
becoin
Legendary
*
Offline Offline

Activity: 3431
Merit: 1233



View Profile
June 24, 2018, 10:05:17 PM

Venezuela is one of the places hyperbitcoinization happens first.   

You'll see.

I think it'll happen first in Ukraine.
mymenace
Legendary
*
Offline Offline

Activity: 1596
Merit: 1061


Smile


View Profile
June 24, 2018, 10:17:38 PM

Can anyone dispute this


MT Gox

Recovered approximate 160000 BTC

1/5 of all BTC that was stolen

MT Gox have announced approximate 1/5 return of peoples investments


If the price when stolen was $1000 USD

and when the price hits $5000 USD



Every Mt Gox account could be reimbursed their initial USD value?


No-one loses, but the ones with the coins
Pages: « 1 ... 20523 20524 20525 20526 20527 20528 20529 20530 20531 20532 20533 20534 20535 20536 20537 20538 20539 20540 20541 20542 20543 20544 20545 20546 20547 20548 20549 20550 20551 20552 20553 20554 20555 20556 20557 20558 20559 20560 20561 20562 20563 20564 20565 20566 20567 20568 20569 20570 20571 20572 [20573] 20574 20575 20576 20577 20578 20579 20580 20581 20582 20583 20584 20585 20586 20587 20588 20589 20590 20591 20592 20593 20594 20595 20596 20597 20598 20599 20600 20601 20602 20603 20604 20605 20606 20607 20608 20609 20610 20611 20612 20613 20614 20615 20616 20617 20618 20619 20620 20621 20622 20623 ... 34644 »
  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!