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Question: Oct. 23 Closing Price:
<$8,000 - 2 (3%)
$8,000-$8,500 - 0 (0%)
$8,500-$9,000 - 0 (0%)
$9,000-$9,500 - 0 (0%)
$9,500-$10,000 - 0 (0%)
$10,000-$10,500 - 1 (1.5%)
$10,500-$11,000 - 0 (0%)
$11,000-$11,500 - 3 (4.5%)
$11,500-$12,000 - 5 (7.6%)
$12,000-$12,500 - 16 (24.2%)
$12,500-$13,000 - 12 (18.2%)
$13,000-$13,500 - 8 (12.1%)
$13,500-$14,000 - 5 (7.6%)
>$14,000 - 14 (21.2%)
Total Voters: 66

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 23430293 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.)
El duderino_
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November 21, 2018, 09:14:24 AM

It's far from over.

2019 will be known as the dark year(tm copyright 2018).


this is my TATTOO that i show of many times last days-weeks....

but again i do am curious what your thoughts are and why..... (also i realize all is possible in BTC so i think i'm prepared for very much)

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November 21, 2018, 09:15:20 AM

I was trying to explain to one bloke that it doesn't matter if you buy 0.1 bitcoin or 100000 of some shitcoin for same amount of money, if it rises 50% the gains will be the same. He firmly believed that his 100000 coins will make him more money, as the numerical value of them is higher. Many know nothing about math, sad.

That's not right. If a project is young and its coin's market cap is low, then its upside potential is higher than a higher market cap coin.

To prove it with an example, say a small project has a market cap of 1mil $. An investor who will throw 1 million $ on this coin will increase its price by 100% (doubling the coin's price)
If the same investor would throw the same 1 million $ in BTC which has 66 billion $ market cap, the increase in price would be a drop in the bucket.

However, we can argue that BTC would draw more investors... the thing is that no matter how you look at it, we're speculating here! If someone is investing in small market cap coins which he has researched and believes that they have potential, then that's a high-risk high-reward play. It's definitely not the same thing as investing the same amount in BTC.

You seem to be in the same boat with the "smart" bloke. I wasn't talking about potential, but gains on a certain amount of money. Let me simplify for you. If you invest a 1000 dollars in any 2 coins (2x1000), amounts bought are 0.1 and 100000, you gain 50% on both, how much money do you make?
https://www.youtube.com/watch?v=sZHCVyllnck
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November 21, 2018, 09:18:21 AM

I was trying to explain to one bloke that it doesn't matter if you buy 0.1 bitcoin or 100000 of some shitcoin for same amount of money, if it rises 50% the gains will be the same. He firmly believed that his 100000 coins will make him more money, as the numerical value of them is higher. Many know nothing about math, sad.

That's not right. If a project is young and its coin's market cap is low, then its upside potential is higher than a higher market cap coin.

To prove it with an example, say a small project has a market cap of 1mil $. An investor who will throw 1 million $ on this coin will increase its price by 100% (doubling the coin's price)
If the same investor would throw the same 1 million $ in BTC which has 66 billion $ market cap, the increase in price would be a drop in the bucket.

However, we can argue that BTC would draw more investors... the thing is that no matter how you look at it, we're speculating here! If someone is investing in small market cap coins which he has researched and believes that they have potential, then that's a high-risk high-reward play. It's definitely not the same thing as investing the same amount in BTC.

You seem to be in the same boat with the "smart" bloke. I wasn't talking about potential, but gains on a certain amount of money. Let me simplify for you. If you invest a 1000 dollars in any 2 coins (2x1000), amounts bought are 0.1 and 100000, you gain 50% on both, how much money do you make?
https://www.youtube.com/watch?v=sZHCVyllnck

Thanks for the laugh Cheesy
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November 21, 2018, 09:25:41 AM

[edited out]

I agree with that, you’re pretty well balanced and debate well.  I’m just Too lazy to read everything you post.

I would llkely die, or close to die, if I had to read my posts in total.  I would not expect others to read everything, that's for sure.
Yeah, I quite enjoy reading your posts but it's very easy to burn out in the process.
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November 21, 2018, 09:26:24 AM


Except that's not happening in BTC. It is true the hashrate has remained in the same range since August and currently it is on the lower side of that range but it would need a considerable drop for that to be any "problem". Also, as soon as the hashrate goes down moderately over time the difficulty adapts. I will be worried when/if I see a sudden significant drop of hashrate. Other than that is just pure FUD.

Yes but doesn't need to go to zero for it to be a problem.. imagine a domino effect with low hash rate in which people start to rush and panic because they can't sell because nothing moves anymore (because no miners, and so on and on).

Bitcoin's hash rate is dropping considerably right now.. bit concerning because it drops too fast the difficulty adjustment may never happen. Actually difficulty adjustment is an intrinsic threat.. if ever bitcoin had to go through a hard fork, that's something I'd fix (not sure I'd hard fork it though).
That happened with IXcoin a while back - and it took a couple of months with virtually no blocks generated before we got the difficulty back down


Some people consider IXcoin a great "testnet" for Bitcoin in regards to running a blockchain, incentive for only tx fees, since all coins have already been mined.
According to the website:
"All 21 million coins have been generated (April 2011 - October 2014)"
Strangely though the chain is still generating 1 coin block reward. https://chainz.cryptoid.info/ixc/#

Interesting indeed. Where do the new coins given as reward come from since all the 21M coins have been mined already?
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November 21, 2018, 09:47:11 AM

[edited out]

I agree with that, you’re pretty well balanced and debate well.  I’m just Too lazy to read everything you post.

I would llkely die, or close to die, if I had to read my posts in total.  I would not expect others to read everything, that's for sure.
Yeah, I quite enjoy reading your posts but it's very easy to burn out in the process.

Surely, if you are well rested, you might read three or four sentences, but if not, you might get burned out after the first few words, and ask yourself.

Why need be so long?   Cheesy Cheesy Cheesy
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November 21, 2018, 09:51:21 AM
Last edit: November 21, 2018, 10:10:52 AM by alevlaslo





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November 21, 2018, 10:22:43 AM

[edited out]

I agree with that, you’re pretty well balanced and debate well.  I’m just Too lazy to read everything you post.

I would llkely die, or close to die, if I had to read my posts in total.  I would not expect others to read everything, that's for sure.
Yeah, I quite enjoy reading your posts but it's very easy to burn out in the process.

Surely, if you are well rested, you might read three or four sentences, but if not, you might get burned out after the first few words, and ask yourself.

Why need be so long?   Cheesy Cheesy Cheesy
It doesn't help much that I'm usually on BTCT when I'm half dead from sleep deprivation either. Tongue

Set an alarm for some trading action today and pretty much got a free Bitcorn though. So I suppose it paid off.
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November 21, 2018, 10:27:22 AM

[edited out]
Mmmm Maybe its you that got a team of folks around yourself
Writing those short posts? Roll Eyes

No need to become so defensive, micteamate(s), merely because I got you pegged.

There are plenty of forum members who actually believe your online persona storyline, so who gives a shit what I have tentatively concluded through already presented information?


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November 21, 2018, 10:29:54 AM

Today we have a support but I don't think it's finished.

However, besides speculations, now we are suffering the slow curve of adoption, institutions that want to take over the crypto world which means denaturalizing the decentralized system of BTC and so on.

We must see all the big picture...

For those reasons, I think we won't have a skyrocketing trend soon.
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November 21, 2018, 10:40:17 AM
Merited by JayJuanGee (1)

ATH vs NOW

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November 21, 2018, 10:45:27 AM

every time bitcoin falls after the peak of 5 times, below will not go

250 - 50
1000 - 200
20000 - 4000
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November 21, 2018, 10:55:07 AM

One thing which currently doesn't help BTC is there's two competing chains both mining BTC and BCH and dump BTC in order to keep going.
El duderino_
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November 21, 2018, 11:01:31 AM

I realized this forum is for non English speaking altcoiners now. I couldn’t give a shit about altcoins. I’ve essentially given up on this ever being a bitcoin forum again.

I don't venture outside this thread very much. Don't see much point TBH.

Find it difficult even loading up the Flat Earth thread, and seeing that tire-fire of 'tardation keepin' on burnin'

The hardware section used to be interesting before Bitmain went Chaotic Evil.

I have zero interest in Altcoins.

Used to do the whole IRC thing, but finding this thread satisfies that itch for a "hang-out", and one of the best places on the Internet to "get the pulse" of Bitcorn, in a manner of speaking.

This thread is a wonderful nexus of sorts.

haha, i told it before but my first meeting with this place was kind of special ... as my friend was learning me about BTC and stuff around it.... he put a link on my computer to the WALL observer cause he knew i would like the fun reads and stuff...NOW when i start reading this from time to time i always came directly into this thread and just thought this was all of the FORUM Roll Eyes
even when i made my first game i still thought so .... and some guys repeatedly asked me to make a thread for the games itself, F*** how long that took for me to figure out LOL
now one of the things i'm curious of most is that i know my friend had an account as well (but i think he doesn't post anything anymore),but who he is or was in here..... cause sometimes when i say something about a post he does know all of the OG posters, but yeah he's a poker guy as well and maybe just don't wanna reveal some things to me about him (gotta respect that) but i do am curious  Cool
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November 21, 2018, 11:05:48 AM

Whats the estimate on how much BTC Roger Ver has/had?  Heard some people claim he was a billionaire during the peak.
El duderino_
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November 21, 2018, 11:12:13 AM
Last edit: December 01, 2018, 10:09:12 AM by micgoossens

hat update and increasing

   




= first creation "colonel of the HAT INVASION"   Roll Eyes  Roll Eyes collectors item
= HAT creator

=vroom "cat with HAT"
=vapourminer "cat with hat"
=jbreher he only wear he's XhomerX on top of the bear MAYBE good for the BULL creation to tame that BEAR Wink
= nice for fun..... wanted by hueristic, but campaign issue's,SEMI hat carrier
= binaryreign.... avatar merit issue .........
=DireWolfM14 , but avatar merit issue.....
= COME ON gentlemand



still in progress ? ssmc,crypmike,bitebits,biodom etc........ pfffffffff   MANY HAT's created THX 

HAT UPDATE TIME  Tongue
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November 21, 2018, 11:19:24 AM

One thing which currently doesn't help BTC is there's two competing chains both mining BTC and BCH and dump BTC in order to keep going.

No...in the long run this definitely helps BTC.

They need to dump BTC and start using that hashing power for the US military's weapon systems for aiming phosphorous bombs at children.
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November 21, 2018, 11:22:44 AM

ATH vs NOW



Yeah, that's quite impressive.
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November 21, 2018, 11:23:43 AM

every time bitcoin falls after the peak of 5 times, below will not go

250 - 50
1000 - 200
20000 - 4000

We went to below $200 after the Gox high. I hope we don’t go below $4,000 after the most recent ATH but it’s very possible. We almost did last night.
BTCMILLIONAIRE
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November 21, 2018, 11:24:36 AM

One thing which currently doesn't help BTC is there's two competing chains both mining BTC and BCH and dump BTC in order to keep going.

Sure is helping me with my BTC though.
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