Bitcoin Forum
April 22, 2019, 01:33:14 AM *
News: Latest Bitcoin Core release: 0.17.1 [Torrent]
 
   Home   Help Search Login Register More  
Poll
Question: Will Bitcoin reach 20K by the end of this year? [Poll Chosen by angel55]
Yes - 22 (26.2%)
No - 62 (73.8%)
Total Voters: 84

Pages: « 1 ... 21031 21032 21033 21034 21035 21036 21037 21038 21039 21040 21041 21042 21043 21044 21045 21046 21047 21048 21049 21050 21051 21052 21053 21054 21055 21056 21057 21058 21059 21060 21061 21062 21063 21064 21065 21066 21067 21068 21069 21070 21071 21072 21073 21074 21075 21076 21077 21078 21079 21080 [21081] 21082 21083 21084 21085 21086 21087 21088 21089 21090 21091 21092 21093 21094 21095 21096 21097 21098 21099 21100 21101 21102 21103 21104 21105 21106 21107 21108 21109 21110 21111 21112 21113 21114 21115 21116 21117 21118 21119 21120 21121 21122 21123 21124 21125 21126 21127 21128 21129 21130 21131 ... 23559 »
  Print  
Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 21118614 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. (17 posts by 9 users deleted.)
Anon136
Legendary
*
Offline Offline

Activity: 1652
Merit: 1206



View Profile
August 21, 2018, 05:34:49 PM

It's true, money ruins people.  That's why I don't reproduce.  I'm only responsible for ruining myself.

Here is a book about how to not let your money ruin your children and future generations. In case you ever change your mind.

https://www.amazon.com/Intentional-Legacy-David-McAlvany/dp/1943217432/
1555896794
Hero Member
*
Offline Offline

Posts: 1555896794

View Profile Personal Message (Offline)

Ignore
1555896794
Reply with quote  #2

1555896794
Report to moderator
100% New Software
PC, Mac, Android, & HTML5 Clients
Krill Rakeback
Low Rake
Bitcoin Poker 3.0
Bad Beat Jackpot
SwC Poker Relaunch
PLAY NOW
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1555896794
Hero Member
*
Offline Offline

Posts: 1555896794

View Profile Personal Message (Offline)

Ignore
1555896794
Reply with quote  #2

1555896794
Report to moderator
1555896794
Hero Member
*
Offline Offline

Posts: 1555896794

View Profile Personal Message (Offline)

Ignore
1555896794
Reply with quote  #2

1555896794
Report to moderator
1555896794
Hero Member
*
Offline Offline

Posts: 1555896794

View Profile Personal Message (Offline)

Ignore
1555896794
Reply with quote  #2

1555896794
Report to moderator
jojo69
Legendary
*
Offline Offline

Activity: 1358
Merit: 1725


no FOMO


View Profile
August 21, 2018, 05:36:24 PM

dude

I'm not even responsible enough to have a dog
Anon136
Legendary
*
Offline Offline

Activity: 1652
Merit: 1206



View Profile
August 21, 2018, 05:39:20 PM
Last edit: August 21, 2018, 06:40:38 PM by Anon136

dude

I'm not even responsible enough to have a dog

Hey it's all just a choice. You may decide to be responsible some day. ¯\_(ツ)_/¯
LFC_Bitcoin
Copper Member
Legendary
*
Offline Offline

Activity: 1680
Merit: 1611


One of the world's leading Bitcoin-powered casinos


View Profile
August 21, 2018, 05:44:34 PM
Merited by micgoossens (1)

myself also still whitout children BUT i do think 50k coins are there in the near future "few years to be near future...." if its faster its all good but @50K i will not liquidate all of my coins .... i think i would max sell 30% or so then see how everything goes

I JUST LIKE MY COINS TO DAMN HARD  Smiley

At $50,000 I’ll probably sell about half & live off the rest, maybe buy a bunch of real estate so there’s constant money still coming in.
 
micgoossens
Hero Member
*****
Offline Offline

Activity: 658
Merit: 1879


“The Dude abides.”


View Profile
August 21, 2018, 06:15:15 PM

I JUST LIKE MY COINS TO DAMN HARD  Smiley

#MeToo  Grin

thats the real HODLER spirit  Grin
gentlemand
Legendary
*
Online Online

Activity: 1974
Merit: 1632


Always remember - I love you


View Profile
August 21, 2018, 07:17:43 PM

http://blog.mclain.ca/buy-and-hold-31-cryptocurrencies-for-365-days-week-52/

This is the final instalment of one geezer's 52 week journey of buying and holding.

Result - just under break even.
doc12
Legendary
*
Offline Offline

Activity: 1284
Merit: 1042


View Profile
August 21, 2018, 07:34:38 PM

Shorts @ATH and 100M Tether printed, fasten your seatbelts Cool
bitebits
Legendary
*
Offline Offline

Activity: 1276
Merit: 1058


Bitcoin != exchange rate


View Profile
August 21, 2018, 07:43:49 PM
Merited by JayJuanGee (1)

I wanna see $50,000 per coin & then I’ll never have to do another single days work EVER & nor will my kids if I have any.

Pleeeeaaasssseeeeee crypto God’s, make $50,000 per coin a reality.

Alternatively you can get yourself more bitcoins so you don't have to rely on any gods.
Last of the V8s
Legendary
*
Offline Offline

Activity: 1106
Merit: 2037


Be a bank.


View Profile
August 21, 2018, 08:26:48 PM

https://economics.yale.edu/sites/default/files/files/Faculty/Tsyvinski/cryptoreturns%208-7-2018.pdf
Risks and Returns of Cryptocurrency
Quote
if the investor believes Bitcoin will continue to do as well as the past seven years, she should hold about 6.1 percent share of Bitcoin in her portfolio. Even if the investor believes Bitcoin will only have half of its historical performance going forward, she should still hold about 3.1 percent share of Bitcoin in her portfolio.
+ moar good stuff + some dodgy stuff
HairyMaclairy
Hero Member
*****
Offline Offline

Activity: 798
Merit: 1300


Not investment advice I am degenerate bull hatter


View Profile
August 21, 2018, 08:34:53 PM

Which bcash lol is best bcash lol?


cAPSLOCK
Legendary
*
Offline Offline

Activity: 2156
Merit: 1281


UNLEASH THE FURY!


View Profile
August 21, 2018, 08:39:02 PM

Which bcash lol is best bcash lol?




I officially dub it:
ABCash

Damn... it's almost too cool to give it away.  I could charge them but it'd need to be in something real like BITCOIN, or MONERO.

On second thought... make it MONERO.  I don't want anyone to know I did this.
kurious
Legendary
*
Offline Offline

Activity: 1736
Merit: 1197



View Profile
August 21, 2018, 08:43:48 PM

https://economics.yale.edu/sites/default/files/files/Faculty/Tsyvinski/cryptoreturns%208-7-2018.pdf
Risks and Returns of Cryptocurrency
Quote
if the investor believes Bitcoin will continue to do as well as the past seven years, she should hold about 6.1 percent share of Bitcoin in her portfolio. Even if the investor believes Bitcoin will only have half of its historical performance going forward, she should still hold about 3.1 percent share of Bitcoin in her portfolio.
+ moar good stuff + some dodgy stuff

I had a friend who was a hedge fund manager, a 'macro' trader.  She was fascinated with crypto as it was an 'uncorrelated asset class' which in the investment world is a good things to find.   You don't want all a portfolio in asset classes that all respond to economic factors in the same way.  Everyone needs something in their portfolio that doesn't do what the old school investments do.

This seems to reach a similar conclusion:  Crypto is different to the old shit.  Best buy at least 'some' - it makes sense.

(Well found, Sir)
Elwar
Legendary
*
Offline Offline

Activity: 2786
Merit: 1363


Viva Ut Vivas


View Profile WWW
August 21, 2018, 08:55:56 PM

2 days until the ProShares ETF is rejected.

Not your keys. Not your bitcoins.
STT
Legendary
*
Offline Offline

Activity: 2058
Merit: 1114



View Profile WWW
August 21, 2018, 09:00:27 PM

myself also still whitout children BUT i do think 50k coins are there in the near future "few years to be near future...." if its faster its all good but @50K i will not liquidate all of my coins .... i think i would max sell 30% or so then see how everything goes

I JUST LIKE MY COINS TO DAMN HARD  Smiley

At $50,000 I’ll probably sell about half & live off the rest, maybe buy a bunch of real estate so there’s constant money still coming in.
 

Thats a good explanation of why it'll never goto 50,000 then really.   In dollar terms, maybe USD does so horribly we can see that number but in value terms the only need for 50k is via the actual utility of BTC being so high that people are willing to hold it overnight and then you have a billion doing so the price is raised inadvertently.
 
Real estate is very likely more productive for most people and many dont have much spare cash so why is the price going to 50k in that scenario.   Money is more useful in transit but long term you'd need a good reason to push it that high I think.

BTC is depressed right now because US Dollar strength is apparent.  Its nonsense of course but all this tariff and Iran sanctions and so on gives the appearance of strong dollar.   So in terms of running a constant deficit and juggling 20tn of debt this does not work out for the FED or US treasury, it is unlikely to continue as a long term dynamic.    Almost completely obvious is that inflation is always going to be above interest rates, so allowing the reduction of debt in real terms and that means weak dollar.   The free market naturally searches for an alternative to a common standard unable to hold its value, if that wasnt true we'd be in 3 figures still.  Many consider strong dollar a possibility when market consensus turns opposite it should then be far less harsh an environment overall


^lol Torque soo cynical

Torque is right, governments main purpose is to be better then the negative scenario it replaces.   By itself government is not productive, its not part of growth, theres no profit and its literally a tax upon the economy and people its sitting on.    Main thing we can hope for is governance of the military which no other entity can control except this idea of democracy and the benefit of having everyone situated like this is they accept the title of public servant and when told immediately step down which avoids the problem any country with a strong military normally has.
  Really all government does is in its distribution of power and avoidance of harm, otherwise they operate poorly and with great cost compared to any normal competitive consideration.

We need competitive capitalism and we dont have it, we got forced pricing in interest rates and politics instead of business.  For now most of that politics is related to democracy but I dont suppose we always get that. That story is pretty much the biggest global issue I can think of ongoing every year maybe for the rest of my life until it falls over.   Even if crypto disappeared and was found to be of no use, we'd still be stuck with that problem of a failed currency system with countries occasionally reverting to near barter economies and suffering great losses in growth and efficiency.
bones261
Legendary
*
Offline Offline

Activity: 1526
Merit: 1500


My hat is in storage. https://ibb.co/YLkPgXb


View Profile
August 21, 2018, 09:08:07 PM

Shorts @ATH and 100M Tether printed, fasten your seatbelts Cool

Meh, I think what is going on as of late is that traders are BTFD, when there is one down to $63xx and lower and then scalping it for modest gains of 2%-4%. Apparently, with the "invisible walls," some big fish is probably implementing this strategy. Could even blame it on Spoofy's new strategy, (if you believe in Spoofy.)
Last of the V8s
Legendary
*
Offline Offline

Activity: 1106
Merit: 2037


Be a bank.


View Profile
August 21, 2018, 09:09:11 PM
Merited by JayJuanGee (1)

https://informationisbeautiful.net/visualizations/trillions-what-is-a-trillion-dollars/ for a bigger picture


not sure about some of these figures, but basically Cool
andreibi
Legendary
*
Offline Offline

Activity: 1394
Merit: 1007



View Profile
August 21, 2018, 09:11:40 PM
Merited by bones261 (2), JayJuanGee (1)

2 days until the ProShares ETF is rejected.

Not your keys. Not your bitcoins.

Everyone knows it's a 95% chance of rejection. That's why shorts is at an all-time high.  And a likelihood that it does nothing to the price (being already priced in).

And then short sellers have to buy in order to close their positions, leading to a short squeeze rally.
Elwar
Legendary
*
Offline Offline

Activity: 2786
Merit: 1363


Viva Ut Vivas


View Profile WWW
August 21, 2018, 09:18:29 PM

https://informationisbeautiful.net/visualizations/trillions-what-is-a-trillion-dollars/ for a bigger picture


not sure about some of these figures, but basically Cool

$26.5 trillion in offshore money...

when Bitcoin is much easier than dealing with all of that
European Central Bank
Legendary
*
Offline Offline

Activity: 1246
Merit: 1070



View Profile
August 21, 2018, 09:31:16 PM
Merited by afbitcoins (1), infofront (1)

do the exact opposite of what CNBC reckons and guess what happens?

https://www.tradingview.com/chart/WPRBTC/X5WuyDQn-CNBC-Bitcoin-Indicator-is-pointing-to-a-massive-rally-soon/
hodl_2015
Member
**
Offline Offline

Activity: 162
Merit: 23


View Profile
August 21, 2018, 09:36:32 PM

I officially dub it:
ABCash
I propose:
abcASH
Pages: « 1 ... 21031 21032 21033 21034 21035 21036 21037 21038 21039 21040 21041 21042 21043 21044 21045 21046 21047 21048 21049 21050 21051 21052 21053 21054 21055 21056 21057 21058 21059 21060 21061 21062 21063 21064 21065 21066 21067 21068 21069 21070 21071 21072 21073 21074 21075 21076 21077 21078 21079 21080 [21081] 21082 21083 21084 21085 21086 21087 21088 21089 21090 21091 21092 21093 21094 21095 21096 21097 21098 21099 21100 21101 21102 21103 21104 21105 21106 21107 21108 21109 21110 21111 21112 21113 21114 21115 21116 21117 21118 21119 21120 21121 21122 21123 21124 21125 21126 21127 21128 21129 21130 21131 ... 23559 »
  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!