Wall Observer BTC/USD - Bitcoin price movement tracking & discussion

[BTCMILLIONAIRE]

[ edited out]

I'm fully expecting not to be able to start without having funds in that region because I can't possibly expect technological progress to just cut costs to a tenth or so, despite the feasibility. It's mostly a pipe dream, but one that I've been exploring over the years since actually having the option doesn't seem impossible, albeit not very likely. I spend a good amount of time every so often thinking about what I'd do if different scenarios play out, and this is just one.

There are also a few different plans to raise money without relying on Bitcorn, but I'm not sure I like the idea of being responsible for the livelihood of people as I like to just start and stop shit on a whim. I'm kind of like a moth flying from one blinking light to another, except that the light is some random shit that I start to find interesting for no particular reason. Can't do that when running a business, hence my involvement with finance. Can trade and invest without ever talking to anyone these days, what a time to be alive.

It does not hurt to have relatively BIG ASS dreams about what role you would be able to play in various kinds of investment scenarios - but I do know from experience that sometimes your investment can become a lot less passive than you expected merely because of your investment and sometimes the incentives might NOT be strong enough for various principles in the investment to make sure that they are NOT undermining your financial contribution, so sometimes it can be difficult to NOT have a decent amount of involvement, even if your goals were to MOSTLY finance rather than be actively working within the project including goal setting projects.

No, my plan is to fully oversee the entire process, not just finance it. I meant that there wouldn't be money going to some directors/CEOs who have pretty high annual salaries etc, since I'd be the one doing their job and spending my own money. If I really got to a point where I'd pull the plug on that plan I wouldn't leave a single thing to chance. I don't want a cookie cutter cash cow game, I want a world.

[VB1001]

Greyscale Bitcoin Investment Trust, it now holds over 200,000 BTC for institutional investor clients. Considering the fact that there are 17.4 million BTC in circulation, this means that the company now has control of 1% of Bitcoin in circulation.

https://www.cryptocurrency365.com/news/greyscale-bitcoin-investment-trust-now-controls-1-percent-of-btc/

Not accounting for the millions(?) of lost coins

How many coins are lost +/-?

[yefi]

That already broke, we gonna retest 3400 and then test 3k soon.

She can still bounce. Actually, if she doesn't bounce that would be quite the counter-pattern. I'm finding it hard to find anything in the charts that would correspond - >30% drops on the weekly have always bounced.

[Last of the V8s]

Greyscale Bitcoin Investment Trust, it now holds over 200,000 BTC for institutional investor clients. Considering the fact that there are 17.4 million BTC in circulation, this means that the company now has control of 1% of Bitcoin in circulation.

https://www.cryptocurrency365.com/news/greyscale-bitcoin-investment-trust-now-controls-1-percent-of-btc/

Not accounting for the millions(?) of lost coins

How many coins are lost +/-?

Recently 'everyone's' been putting the figure at ~4 million, due to a Fortune article a year ago. http://fortune.com/2017/11/25/lost-bitcoins/

[empowering]

Greyscale Bitcoin Investment Trust, it now holds over 200,000 BTC for institutional investor clients. Considering the fact that there are 17.4 million BTC in circulation, this means that the company now has control of 1% of Bitcoin in circulation.

https://www.cryptocurrency365.com/news/greyscale-bitcoin-investment-trust-now-controls-1-percent-of-btc/

Not accounting for the millions(?) of lost coins

How many coins are lost +/-?

I would say somewhere between 4-7 million, maybe more, I had heard it said somewhere it could be as high as 10 million, but from what I have heard and read over the years I would say for almost certain that 4-6 million are lost


Lost






 

[VB1001]

This is bad, I have to buy more !!! !!!

[empowering]

Anywhere between $1150 and $3500 I might just do that 

[VB1001]

Anywhere between $1150 and $3500 I might just do that 

Christmas is coming, it is likely.

[vapourminer]

[...] I wouldn't leave a single thing to chance. I don't want a cookie cutter cash cow game, I want a world.

see if you can get the rights to babylon 5 and get going. im waiting.

[El duderino_]

X-mass is already here early
With those F***ing cheap coins ...... increase while you can.... especially to all middlemen BUY and don’t let
The rich get away with our-your cheap AF BTC

[yefi]

I would say somewhere between 4-7 million, maybe more, I had heard it said somewhere it could be as high as 10 million, but from what I have heard and read over the years I would say for almost certain that 4-6 million are lost


Lost

10 mil is *way* too high.



This chart shows UTXO distribution by age. Only the stuff at five years+ can be reasonably assumed lost, and that's only 20% of current supply or about 3.5 million bitcoin. Within that you have the Satoshi stash of perhaps 1 million bitcoin of unknown status.

[jojo69]

[...] I wouldn't leave a single thing to chance. I don't want a cookie cutter cash cow game, I want a world.

see if you can get the rights to babylon 5 and get going. im waiting.

or buy the battletech IP and fucking fire PGI

[gentlemand]

I would say somewhere between 4-7 million, maybe more, I had heard it said somewhere it could be as high as 10 million, but from what I have heard and read over the years I would say for almost certain that 4-6 million are lost

I well and truly can't remember where I read it, maybe Bitmex research, but the only reliable figure that points towards BTC that's still accessible is Bcash that has moved since August 2017. It's a surprisingly high figure, over 50% I think. There'll still be loads going nowhere in paper wallets so I think the lost coins figure is much lower.

[Last of the V8s]

http://trilema.com/2015/a-blast-from-the-past-or-the-molotov-cocktail-guide-this-is-how-you-win/
replete with digs at tesla

unrelated repost, but timely http://trilema.com/2017/the-universal-plan-for-wealth/

[El duderino_]

don't wanna be that guy, but if so.... i will stand my ground 

[VB1001]

That will be the image 

[empowering]

I would say somewhere between 4-7 million, maybe more, I had heard it said somewhere it could be as high as 10 million, but from what I have heard and read over the years I would say for almost certain that 4-6 million are lost


Lost

10 mil is *way* too high.



This chart shows UTXO distribution by age. Only the stuff at five years+ can be reasonably assumed lost, and that's only 20% of current supply or about 3.5 million bitcoin. Within that you have the Satoshi stash of perhaps 1 million bitcoin of unknown status.

Yeah I agree 10 million is likely way too high , but it appeals to the depressive in me

[gembitz]

Anywhere between $1150 and $3500 I might just do that  

BTCBTC stops @ ~$2500 >> $1500 >> $1337 >> $1000 >> $950 >> $900   weeeee

[El duderino_]

definitely would wanna have one of those kinda like them

[empowering]

Anywhere between $1150 and $3500 I might just do that  

BTCBTC stops @ ~$2500 >> $1500 >> $1337 >> $1000 >> $950 >> $900   weeeee

 


 

*excited like Jimmy Saville in a playground loaded on steroids and cocaine? ^^   (no offence to Rick Flair)

* weeeeeeee