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Question: Closing BTC Price June 17:
$0 - 4 (3%)
<$6,500 - 7 (5.3%)
$6,500-$6,750 - 1 (0.8%)
$6,751-$7,000 - 2 (1.5%)
$7,001-$7,250 - 3 (2.3%)
$7,251-$7,500 - 6 (4.5%)
$7,501-$7,750 - 4 (3%)
$7,751-$8,000 - 12 (9.1%)
$8,001-$8,250 - 13 (9.8%)
$8,251-$8,500 - 7 (5.3%)
$8,501-$8,750 - 6 (4.5%)
$8,751-$9,000 - 11 (8.3%)
$9,001,$9,250 - 13 (9.8%)
$9,251-$9,500 - 17 (12.9%)
>$9,500 - 17 (12.9%)
$20,000 - 9 (6.8%)
Total Voters: 132

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 21229057 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. (66 posts by 16 users deleted.)
Last of the V8s
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Be a bank.


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January 18, 2019, 05:42:06 PM

It's gonna die isn't it? The price?*
all these idiot big bids - it's usually a sign





*of bitcoin, i mean
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micgoossens
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We Vegeta !!!!


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January 18, 2019, 05:47:28 PM

Bitcoin new era
Peer to peer decentralized
Fast!! Buy the fucking dip
jojo69
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no FOMO


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January 18, 2019, 06:09:54 PM
Merited by Last of the V8s (1)



https://twitter.com/RedditBTC/status/1086112393053245440

little Micg still is happy with crypto's Wink

jojo69
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no FOMO


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January 18, 2019, 06:25:04 PM


yuh ban thermos ...

micgoossens
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January 18, 2019, 06:32:59 PM


NO stress jojo, just riding those waves
theymos
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January 18, 2019, 06:34:43 PM
Merited by kurious (1), infofront (1), bones261 (1)

Despite everyone's biggest fears that keep getting repeated ad nauseum, he flat out told people not to invest in it now seeing as how 60 coins are produced every 60 seconds and its highly experimental, unproven software that may have zero value in the future.

Yeah, I'm not making major purchases now or anything. And I definitely wouldn't mine it if doing so becomes unprofitable (though in fact it seems very profitable right now due to hype). Price-wise, IMO it'll start looking like a good buy if it hasn't been superseded by clones in about a year. I'll be looking for a point of low sentiment at that time. Some people have said that you'll need to wait like 3 years before it escapes from its inflation pit, but keep in mind that Bitcoin's inflation-rate-over-time was roughly the same in its first 4 years; such high initial inflation is why you saw people buying pizzas for 10k BTC like it was nothing. But growth, if it occurs, can overcome even pretty massive inflation.

The tech is just so awesome: a high degree of privacy combined with by far the best decentralization-preserving on-chain scaling tech ever devised, plus several smaller innovations in grin's particular implementation. Even if it was somehow guaranteed to halve in price every year, I'd still consider it cool and want to do something with it.
JayJuanGee
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How much alt coin diversification is needed? 0%?


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January 18, 2019, 06:42:13 PM

Despite everyone's biggest fears that keep getting repeated ad nauseum, he flat out told people not to invest in it now seeing as how 60 coins are produced every 60 seconds and its highly experimental, unproven software that may have zero value in the future.

Yeah, I'm not making major purchases now or anything. And I definitely wouldn't mine it if doing so becomes unprofitable (though in fact it seems very profitable right now due to hype). Price-wise, IMO it'll start looking like a good buy if it hasn't been superseded by clones in about a year. I'll be looking for a point of low sentiment at that time. Some people have said that you'll need to wait like 3 years before it escapes from its inflation pit, but keep in mind that Bitcoin's inflation-rate-over-time was roughly the same in its first 4 years; such high initial inflation is why you saw people buying pizzas for 10k BTC like it was nothing. But growth, if it occurs, can overcome even pretty massive inflation.

The tech is just so awesome: a high degree of privacy combined with by far the best decentralization-preserving on-chain scaling tech ever devised, plus several smaller innovations in grin's particular implementation. Even if it was somehow guaranteed to halve in price every year, I'd still consider it cool and want to do something with it.

Confirmed.  Everyone (every single one) prepare to transition into Grin. 
jojo69
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January 18, 2019, 06:45:37 PM
Merited by BobLawblaw (1)

"Hundreds of thousands of Lloyds, Halifax and Bank of Scotland customers were unable to make payments from their online accounts today. "

https://www.bbc.com/news/business-46925629

Ahhhh, legacy system, don't you go changin'
sirazimuth
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January 18, 2019, 06:55:16 PM


Confirmed.  Everyone (every single one) prepare to transition into Grin.   Grin  (<--grin)

ftfy
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Still a manic miner


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January 18, 2019, 07:04:11 PM

The grin mania is out of control.

I cant remember this enthusiasm for an ALT in this BTC wall observing thread.
YourMother
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January 18, 2019, 07:08:54 PM

Repost of a classic chart (source unknown):



This was drawn by a dumbass bear.

As seen in the chart, in both previous halvings BTC has pumped by at least 3x before the halving event and by at least 10x, immediately and violently, after the halving event. And this idiot is trying to tell me that the next time will be different.
infofront
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January 18, 2019, 07:13:35 PM

Repost of a classic chart (source unknown):



This was drawn by a dumbass bear.

As seen in the chart, in both previous halvings BTC has pumped by at least 3x before the halving event and by at least 10x, immediately and violently, after the halving event. And this idiot is trying to tell me that the next time will be different.

Something occurring twice doesn't make for a convincing pattern to predict future events with IMO.
HairyMaclairy
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January 18, 2019, 07:14:08 PM

The grin mania is out of control.

I cant remember this enthusiasm for an ALT in this BTC wall observing thread.

Give it a week.  Everyone will get bored and move on.
gentlemand
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January 18, 2019, 07:15:52 PM

Give it a week.  Everyone will get bored and move on.

Speak for yourself. I just named all the children I keep in my porn dungeon after it.
LFC_Bitcoin
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January 18, 2019, 07:16:41 PM

Grin.

Fucking Grin

Grin Grin Grin Grin

I’m not touching it with r0ach’s Wink
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January 18, 2019, 07:19:49 PM
Merited by JayJuanGee (1)

Repost of a classic chart (source unknown):



This was drawn by a dumbass bear.

As seen in the chart, in both previous halvings BTC has pumped by at least 3x before the halving event and by at least 10x, immediately and violently, after the halving event. And this idiot is trying to tell me that the next time will be different.

Something occurring twice doesn't make for a convincing pattern to predict future events with IMO.


Definitely not a convincing pattern, but better than ridiculously stretching some shit without any backing for it
infofront
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January 18, 2019, 07:27:10 PM
Merited by JayJuanGee (1)

Despite everyone's biggest fears that keep getting repeated ad nauseum, he flat out told people not to invest in it now seeing as how 60 coins are produced every 60 seconds and its highly experimental, unproven software that may have zero value in the future.
Some people have said that you'll need to wait like 3 years before it escapes from its inflation pit, but keep in mind that Bitcoin's inflation-rate-over-time was roughly the same in its first 4 years; such high initial inflation is why you saw people buying pizzas for 10k BTC like it was nothing. But growth, if it occurs, can overcome even pretty massive inflation.

Good point.

Grin inflation rates
Year #Yearly monetary inflation rate
136500%
2100%
350%
433%
525%
620%
717%
814%


Bitcoin Inflation Rates
Year     #bitcoins       Inflation per annum
2009     1,624,250           ∞
2010     5,020,250        209.1%
2011     8,001,400         59.4%
2012    10,733,825         34.1%
2013    12,199,725         13.7%
2014    13,671,200         12.1%
2015    15,029,525          9.9%
2016    16,075,400          7.0%

Source
HairyMaclairy
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January 18, 2019, 07:32:18 PM

Worth noting that Bitcoin inflation is currently 3.8% dropping to 1.8% in May 2020. 
BobLawblaw
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January 18, 2019, 07:33:01 PM

The grin mania is out of control.
I cant remember this enthusiasm for an ALT in this BTC wall observing thread.
Give it a week.  Everyone will get bored and move on.

I was just going to say, the only thing driving me to look into this Grin stuff, is sheer boredom at the moment with BTC price stagnation.

Wanted to play some vidya on my studio game system, but decided to head to bed to play on muh lappy instead; leave the studio system mining Happybucks.

What have we become ?!???
micgoossens
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January 18, 2019, 07:35:49 PM

The grin mania is out of control.
I cant remember this enthusiasm for an ALT in this BTC wall observing thread.
Give it a week.  Everyone will get bored and move on.

I was just going to say, the only thing driving me to look into this Grin stuff, is sheer boredom at the moment with BTC price stagnation.

Wanted to play some vidya on my studio game system, but decided to head to bed to play on muh lappy instead; leave the studio system mining Happybucks.

What have we become ?!???

cryptoslaves ?
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