Bitcoin Forum
December 07, 2019, 01:35:55 PM *
News: Latest Bitcoin Core release: 0.19.0.1 [Torrent]
 
   Home   Help Search Login Register More  
Poll
Question: How would you classify yourself right now? (credit: VB1001)
Hodler - 111 (78.2%)
Trader - 11 (7.7%)
Bull - 10 (7%)
Weak Hands - 10 (7%)
Total Voters: 142

Pages: « 1 ... 392 393 394 395 396 397 398 399 400 401 402 403 404 405 406 407 408 409 410 411 412 413 414 415 416 417 418 419 420 421 422 423 424 425 426 427 428 429 430 431 432 433 434 435 436 437 438 439 440 441 [442] 443 444 445 446 447 448 449 450 451 452 453 454 455 456 457 458 459 460 461 462 463 464 465 466 467 468 469 470 471 472 473 474 475 476 477 478 479 480 481 482 483 484 485 486 487 488 489 490 491 492 ... 25574 »
  Print  
Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 21452381 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. (135 posts by 29 users deleted.)
fr33d0miz3r
Hero Member
*****
Offline Offline

Activity: 518
Merit: 500


View Profile
May 16, 2013, 10:05:33 PM
 #8821

Don't forget about bears between us

Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1575725755
Hero Member
*
Offline Offline

Posts: 1575725755

View Profile Personal Message (Offline)

Ignore
1575725755
Reply with quote  #2

1575725755
Report to moderator
adamstgBit
Legendary
*
Offline Offline

Activity: 1904
Merit: 1017


Trusted Bitcoiner


View Profile WWW
May 16, 2013, 10:05:44 PM
 #8822

Warning!
Bitcoin recently made mainstream news across the globe, with this news comes a record amount of capital getting ready to be allocated in the bitcoin space. But at the same time bitcoin has had a rough couple of weeks, DDOS, hacks, government seizures, the works!, this has temporally scared the newcomers and their massives amounts of capital.   Once the news spreads of bitcoins epic triumphs over insurmountable odds, Mass panic buying will once again take the market by storm

We are sitting on a ticking time bomb! The market may blow the fuck up at any moment.

proceed to the nearest exchange and go crazy

This is not a drill, I repeat this is not a drill!

TIME IS NOW

Miz4r
Legendary
*
Offline Offline

Activity: 1246
Merit: 1000


View Profile
May 16, 2013, 10:06:28 PM
 #8823

Bitstamp! Don't tell me your down now...

y u do this

edit: well that was quick. Man, are we really going to rally now?

Yes we are, fasten your seatbelts please. Tongue
Dalib
Full Member
***
Offline Offline

Activity: 252
Merit: 100



View Profile
May 16, 2013, 10:07:11 PM
 #8824

Bitstamp! Don't tell me your down now...

y u do this

edit: well that was quick. Man, are we really going to rally now?

yes, bitstamp currently unavailable ... Shocked

now, ok for me, too Wink
Luis_GT
Full Member
***
Offline Offline

Activity: 126
Merit: 100


View Profile
May 16, 2013, 10:07:25 PM
 #8825

I'm all in already... and mining!  Cool
Gordonium
Sr. Member
****
Offline Offline

Activity: 392
Merit: 250


View Profile
May 16, 2013, 10:08:05 PM
 #8826

UltimateReaper
Newbie
*
Offline Offline

Activity: 56
Merit: 0



View Profile
May 16, 2013, 10:10:16 PM
Last edit: May 16, 2013, 10:48:40 PM by UltimateReaper
 #8827

Bitstamp! Don't tell me your down now...

y u do this

edit: well that was quick. Man, are we really going to rally now?

Yes we are, fasten your seatbelts please. Tongue

I've been bearish for a while now but you know what? Why the fuck not, I already bought back in.

To the moon!

UltimateReaper
Newbie
*
Offline Offline

Activity: 56
Merit: 0



View Profile
May 16, 2013, 10:11:10 PM
 #8828


+1

http://24.media.tumblr.com/tumblr_mdggqtdCFO1qg0cqeo1_500.gif
justusranvier
Legendary
*
Offline Offline

Activity: 1400
Merit: 1006



View Profile
May 16, 2013, 10:12:47 PM
 #8829

This probably isn't the place for an in depth philosophical discussion, so I'll just say that I don't at all believe those are the only two possibilities. Party on.  Smiley
Actually I did forget about the time element of his $300k prediction,. Neither of those possibilities has to happen this year, but eventually one of them will.
Chainsaw
Hero Member
*****
Offline Offline

Activity: 625
Merit: 500


x


View Profile
May 16, 2013, 10:15:39 PM
 #8830

I also switched positions and went all-in, a few hours back. I laid out my thinking behind it in this thread, if anyone is interested:
https://bitcointalk.org/index.php?topic=181037.0

Once I found a theory in which all the pieces fit, I felt I had no choice but to shift to all-in being my default position.

I'm thinking things are about to get reaaaaal fun  Grin
Ivanhoe
Hero Member
*****
Offline Offline

Activity: 841
Merit: 1000



View Profile
May 16, 2013, 10:15:45 PM
 #8831

I'm all in already... and mining!  Cool
Call!
fitty
Hero Member
*****
Offline Offline

Activity: 728
Merit: 501

CryptoTalk.Org - Get Paid for every Post!


View Profile
May 16, 2013, 10:18:26 PM
 #8832

dexX7
Legendary
*
Offline Offline

Activity: 1106
Merit: 1005



View Profile WWW
May 16, 2013, 10:27:33 PM
 #8833

Correct me, if I'm wrong, because I'm not really sure about the money supply definitions, but here are some numbers about that 300k prediction.

The current M1 money supply of USD, which, as far as I understood, is all the money which is not money out of thin air, is around 2.500 billion USD. We have around 11 million BTC. Our goal 300.000 USD/BTC would result in a market capitalization of 3.300 billion USD.

... ... Cheesy
notme
Legendary
*
Offline Offline

Activity: 1904
Merit: 1001


View Profile
May 16, 2013, 10:30:56 PM
 #8834

It's pure Gox-comedy that this was ever possible in the first place  Cheesy ...
 "Until now you could just pretend you had money or coins and place orders ..."

Bitstamp (rightly) won't let you do this. I'd be surprised if there are many exchanges on which this was ever possible. OK ... you can list something on Ebay that you don't have, but that's a bit different ...

The unfunded orders wouldn't show up in the public order book.  Just on your account with an insufficient funds error.  It was nice because if you only had one currency you could place a bid and an ask.  When the funded order filled your other order would activate.  Easy enough to script and not worth the performance hit though, so I support the move.
MickeyT2008
Sr. Member
****
Offline Offline

Activity: 350
Merit: 250

This account was recently hacked


View Profile
May 16, 2013, 10:31:38 PM
 #8835

Correct me, if I'm wrong, because I'm not really sure about the money supply definitions, but here are some numbers about that 300k prediction.

The current M1 money supply of USD, which, as far as I understood, is all the money which is not money out of thin air, is around 2.500 billion USD. We have around 11 million BTC. Our goal 300.000 USD/BTC would result in a market capitalization of 3.300 billion USD.

... ... Cheesy

Don't forget that there's a lot more money on this planet than just US dollars alone
adamstgBit
Legendary
*
Offline Offline

Activity: 1904
Merit: 1017


Trusted Bitcoiner


View Profile WWW
May 16, 2013, 10:33:47 PM
 #8836

Correct me, if I'm wrong, because I'm not really sure about the money supply definitions, but here are some numbers about that 300k prediction.

The current M1 money supply of USD, which, as far as I understood, is all the money which is not money out of thin air, is around 2.500 billion USD. We have around 11 million BTC. Our goal 300.000 USD/BTC would result in a market capitalization of 3.300 billion USD.

... ... Cheesy

But... but.... bitcoin are being bought with money that was created out of thin air, not with M1 money supply
Its About Sharing
Legendary
*
Offline Offline

Activity: 1414
Merit: 1000


Antifragile


View Profile
May 16, 2013, 10:36:18 PM
 #8837

Correct me, if I'm wrong, because I'm not really sure about the money supply definitions, but here are some numbers about that 300k prediction.

The current M1 money supply of USD, which, as far as I understood, is all the money which is not money out of thin air, is around 2.500 billion USD. We have around 11 million BTC. Our goal 300.000 USD/BTC would result in a market capitalization of 3.300 billion USD.

... ... Cheesy




Who is just talking about America?  Wink

Interesting thing I just heard. The actual inflation rate is more like 9.5% (taken from this economist - http://www.theaureport.com/pub/htdocs/expert.html?id=2000
So, just like the unemployment rate (which if we used 1980 stats would be closer to 23.5%) the inflation rate is really distorted.
notme
Legendary
*
Offline Offline

Activity: 1904
Merit: 1001


View Profile
May 16, 2013, 10:38:45 PM
 #8838

Correct me, if I'm wrong, because I'm not really sure about the money supply definitions, but here are some numbers about that 300k prediction.

The current M1 money supply of USD, which, as far as I understood, is all the money which is not money out of thin air, is around 2.500 billion USD. We have around 11 million BTC. Our goal 300.000 USD/BTC would result in a market capitalization of 3.300 billion USD.

... ... Cheesy




Who is just talking about America?  Wink

Interesting thing I just heard. The actual inflation rate is more like 9.5% (taken from this economist - http://www.theaureport.com/pub/htdocs/expert.html?id=2000
So, just like the unemployment rate (which if we used 1980 stats would be closer to 23.5%) the inflation rate is really distorted.


You don't need an economist, just look at food prices.  It varies a bit from item to item, but everything is 5-20% more expensive than a year ago. And yes, food prices have been excluded from official inflation calculations.
dexX7
Legendary
*
Offline Offline

Activity: 1106
Merit: 1005



View Profile WWW
May 16, 2013, 10:40:56 PM
 #8839

Both true. You also can't take 11M BTC as basis for this calculation, because I think the amount of traded BTC is far less. Eitherway, my point is: 300k isn't reachable without a really significant change in the global currency system and not something which is easily reachable, because some VCs invest huge amounts.
phoenix1
Hero Member
*****
Offline Offline

Activity: 798
Merit: 1000



View Profile
May 16, 2013, 10:42:15 PM
 #8840

It's pure Gox-comedy that this was ever possible in the first place  Cheesy ...
 "Until now you could just pretend you had money or coins and place orders ..."

Bitstamp (rightly) won't let you do this. I'd be surprised if there are many exchanges on which this was ever possible. OK ... you can list something on Ebay that you don't have, but that's a bit different ...

The unfunded orders wouldn't show up in the public order book.  Just on your account with an insufficient funds error.  It was nice because if you only had one currency you could place a bid and an ask.  When the funded order filled your other order would activate.  Easy enough to script and not worth the performance hit though, so I support the move.

Thanks for the clarification
Pages: « 1 ... 392 393 394 395 396 397 398 399 400 401 402 403 404 405 406 407 408 409 410 411 412 413 414 415 416 417 418 419 420 421 422 423 424 425 426 427 428 429 430 431 432 433 434 435 436 437 438 439 440 441 [442] 443 444 445 446 447 448 449 450 451 452 453 454 455 456 457 458 459 460 461 462 463 464 465 466 467 468 469 470 471 472 473 474 475 476 477 478 479 480 481 482 483 484 485 486 487 488 489 490 491 492 ... 25574 »
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!