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Question: What happens first:
New ATH - 43 (69.4%)
<$60,000 - 19 (30.6%)
Total Voters: 62

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26399576 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. (174 posts by 3 users with 9 merit deleted.)
danadc
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May 27, 2024, 01:16:54 AM

The price of Bitcoin can be very relevant in these moments, we have seen that it reached a magical $71k, then it started to go down, it gives some of us some Anxiety , but we must already understand that the price when it has its decline is to do something big , everyone who retreats or takes a few steps back and tries to take flight.

It is a new week, an exciting week that we will look to see an Upward price , there is finally talk that Craig is no longer a problem:

Bitcoin White Paper Reuploaded to Bitcoin.org After Craig Wright’s Failed Satoshi Claim

Quote
n 2021, Wright successfully sued Cobra, the anonymous group running the website, for copyright infringement, leading to the removal of the white paper PDF.

Wright won by default after Cobra chose not to defend the case, resulting in Cobra paying £35,000 ($40,100) of Wright’s legal fees. Wright had filed for U.S. copyright registration for the Bitcoin white paper in 2019.

In 2023, Wright sued 13 Bitcoin Core developers and companies including Blockstream, Coinbase, and Block, for copyright violations related to the Bitcoin white paper, its file format, and database rights to the Bitcoin blockchain.

Source: https://www.cryptointelligence.co.uk/bitcoin-white-paper-reuploaded-to-bitcoin-org-after-craig-wrights-failed-satoshi-claim/

I'm also about to believe this statement:

Quote
    * Bitcoin saw a positive reaction on the price charts, but social metrics underlined weakness.
    * The high demand for Bitcoin in May could propel prices past the ATH soon.

and:




Quote
In a post on X (formerly Twitter) crypto analyst Axel Adler showed that the demand was red-hot. This conclusion was made based on the entity-adjusted transaction count.

Based on the chart’s readings, the demand was close to the levels of the 2016 rally.

Original source: https://ambcrypto.com/whats-behind-ethereums-bull-run-whales-etf-approval-and/

What I think is that all the Effort that investors have made , whether small or large, must Result in Exceeding that ATH of $73k soon.
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May 27, 2024, 02:01:14 AM


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May 27, 2024, 06:01:16 AM


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May 27, 2024, 07:01:11 AM
Merited by vapourminer (1)

NO!
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May 27, 2024, 07:06:12 AM

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It's lonely here sometimes. I beat you by 2 seconds CB.
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May 27, 2024, 07:07:14 AM

take a break buddy.
I have a feeling he won't take a break until two sites on his sunglasses turn green.
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May 27, 2024, 08:23:57 AM

Keep going Buddy.
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May 27, 2024, 11:11:18 AM

~snip~
I am pretty sure that the Eth boys are still not very transparent in regards to how many coins there are exactly, including but not limited to that early 2014 premine.  The supply question has never really been very verifiable as far as I have understood.. but the Eth folks seem to consider that to not really be much of a problem.

Wasn't there some verify the block questions that even came 6-12 months earlier than their other stupid ass 2022 movement into POS, which should have gotten people understanding that ethereum was constantly changing itself without much for parameters or even straight-forwardness in regarding whatever new thing it had decided to become..

I think that Vitalik&Co have no worries about such things because they realized a long time ago that they can do whatever they want without losing support. In addition, what beginners object to the most when it comes to BTC is the max supply, because they think that 21 million coins are too few, and that if there were more coins, they could buy them at a lower price.

In other words, the ETH team is proud that it has its own leader, that ETH is much cheaper than BTC and that there is no max supply - and for many it is therefore much easier to become the owner of 1 ETH than 1 BTC - because in the end it all comes down to numbers, right?
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May 27, 2024, 12:01:18 PM


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May 27, 2024, 12:09:00 PM
Merited by xhomerx10 (1)

New week new goals

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what is this "brake pedal" you speak of?


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May 27, 2024, 12:26:36 PM
Last edit: May 27, 2024, 12:49:09 PM by vapourminer
Merited by xhomerx10 (1), JayJuanGee (1), criptoevangelista (1)

I think that Vitalik&Co have no worries about such things because they realized a long time ago that they can do whatever they want without losing support. In addition, what beginners object to the most when it comes to BTC is the max supply, because they think that 21 million coins are too few, and that if there were more coins, they could buy them at a lower price.

In other words, the ETH team is proud that it has its own leader, that ETH is much cheaper than BTC and that there is no max supply - and for many it is therefore much easier to become the owner of 1 ETH than 1 BTC - because in the end it all comes down to numbers, right?

i really wish peeps could understand the max supply number is irrelevant as long as it never changes. if the were twice as many btc (42 million) it would cost 1/2 as much right now (~$34,000). so peeps buy twice as much for same price.

the base unit makes no difference. total supply could of been only one btc vs 21 million when you get down to it.

EDIT: dunno why peeps get hung up on a number. like when buying i dont look to buy a set amount of btc, i buy as much as i can, whatever the numbers are.
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