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Question: New ATH today?
Yes - 18 (69.2%)
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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 25462074 times)
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gentlemand
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December 17, 2018, 07:06:40 PM
Merited by JayJuanGee (1)

If we compare it with a Smartphone it was invented in 1992, the first good Smartphone came on the market in 2005, with a number of users of 2%, 7 years later 54%, 11 years later 81%, today no one doubts that a Smartphone be a very useful gadget, Bitcoin will not take so long.

They didn't require you to take a financial risk after having a deep ponder over the nature of money itself.

That's a stretch for most of the world's population.
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RejectedBanana
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December 17, 2018, 07:07:25 PM



We might close on a 10%+ green dildo today

& 20% LTC
Last of the V8s
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December 17, 2018, 07:07:44 PM

In Bitcoin we do not have a massive adoption, it is progressing correctly, but it will take a few years, institutional investors are close, we need to optimize and make the process simpler for everyday users.

If we compare it with a Smartphone it was invented in 1992, the first good Smartphone came on the market in 2005, with a number of users of 2%, 7 years later 54%, 11 years later 81%, today no one doubts that a Smartphone be a very useful gadget, Bitcoin will not take so long.
compare and contrast
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December 17, 2018, 07:10:59 PM

If we compare it with a Smartphone it was invented in 1992, the first good Smartphone came on the market in 2005, with a number of users of 2%, 7 years later 54%, 11 years later 81%, today no one doubts that a Smartphone be a very useful gadget, Bitcoin will not take so long.

They didn't require you to take a financial risk after having a deep ponder over the nature of money itself.

That's a stretch for most of the world's population.
Sure, but faster and cheaper transactions aren't a stretch. In good parts of Europe "real-time" wire transfers have just arrived, and they are neither free nor do they transfer to an arbitrary recipient. Exchange rates eventually becoming redundant with global adoption is anything but a stretch as well. It's just a matter of infrastructure, and where there is money to be made people will build.
Paashaas
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December 17, 2018, 07:11:51 PM


They know how to build infrastructure.

serveria.com
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December 17, 2018, 07:12:13 PM

OMFG 3600 and no signs of stopping! Weee!  Wink
jbreher
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lose: unfind ... loose: untight


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December 17, 2018, 07:14:16 PM

Where is Jbear?

Life. Was elsewhere doing stuff. Here now.

Negative price activity is not evidence of scam. If it were, then all cryptos would be scams.
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December 17, 2018, 07:17:28 PM

Toxic2040
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December 17, 2018, 07:18:00 PM
Merited by Wekkel (1)

memory and attention decay

+2 WOsMerit


That was fast...as usual.   Wink

Quote
Abstract

Collective memory and attention are sustained by two channels: oral communication (communicative memory) and the physical recording of information (cultural memory). Here, we use data on the citation of academic articles and patents, and on the online attention received by songs, movies and biographies, to describe the temporal decay of the attention received by cultural products. We show that, once we isolate the temporal dimension of the decay, the attention received by cultural products decays following a universal biexponential function. We explain this universality by proposing a mathematical model based on communicative and cultural memory, which fits the data better than previously proposed log-normal and exponential models. Our results reveal that biographies remain in our communicative memory the longest (20–30 years) and music the shortest (about 5.6 years). These findings show that the average attention received by cultural products decays following a universal biexponential function.



https://www.nature.com/articles/s41562-018-0474-5    Might be paywalled.  :/


This graph lines up nicely with halvening's. It could very well indicate that 2020 will be the "goto" year for Bitcoin. Where as the communicative and cultural memory peak along with price to take us mainstream. Where bitcoin "entered" this plot line is open for much debate because interest really didn't peak within the first year of launch..hardly anyone knew about it then. I do however like the pulse's that occur every 2 to 4 years.

What I think is important here is that there might be a finite amount of time for something to stay in the focus of the general population.  This is neither bullish or bearish, its purely speculation. It might not even be relevant until bitcoin reaches full adoption. Regardless it is filled with nice maths.
cAPSLOCK
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December 17, 2018, 07:18:59 PM
Merited by El duderino_ (1)

I call upon:

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December 17, 2018, 07:20:01 PM

OMFG 3600 and no signs of stopping! Weee!  Wink

I'll try again. As futile as that may be...

Bitstamp BTC/USD pair is the 'official' price we use on this thread Wink
Last of the V8s
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December 17, 2018, 07:21:09 PM

adoption is not a thing
bitcoin is not for the poor
or the stupid
xhomerx10
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Go! BTC Go!


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December 17, 2018, 07:22:37 PM

I call upon:



 Rocket ignition pics yet??
BinaryReign
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December 17, 2018, 07:23:33 PM

xhomerx10
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Go! BTC Go!


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December 17, 2018, 07:24:40 PM

adoption is not a thing
bitcoin is not for the poor
or the stupid

 Dammit I'm out on both counts... okay I'll sell now.
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December 17, 2018, 07:25:44 PM

OMFG 3600 and no signs of stopping! Weee!  Wink

I'll try again. As futile as that may be...

Bitstamp BTC/USD pair is the 'official' price we use on this thread Wink

agreed.. then OMFG 3580!!

btw, we are at mid sept 2017 prices  Cool anything could happen!!


PS: hola Bren!
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December 17, 2018, 07:30:49 PM


We all miss him. That's a FACT.
jbreher
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lose: unfind ... loose: untight


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December 17, 2018, 07:31:21 PM

We have now penetrated the 200 MA Weekly and have gone back to sitting on it.  Which is not a particularly good sign.  



this is great bitcoin chart needs to "reset" below $1000 :-D #oldschool coiners agree
What do the oldschoolers think about the hyperwave theory? https://www.youtube.com/watch?v=50ruB0sbwIg

Dunno. Unlikely to invest over an hour of my life to absorb a vid from an unknown. Is there a tl;dw?
Last of the V8s
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December 17, 2018, 07:33:50 PM

it goes in waves^ Cool
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December 17, 2018, 07:34:12 PM

adoption is not a thing
bitcoin is not for the poor
or the stupid

So your saying I'm f*cked?    Kiss

-------------

Stretching for the 0.382 fib , bitcoin has started this morning and week with a bang. Lets see where we find support at.


#stronghands2019
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