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

[Fatman3001]

Here is a Bitcoin velocity calculator to play with:
http://worldbitcoinnetwork.com/BitcoinPriceModel-Alpha.html

Funny. If you slide "Volatility Fears" up to 30%, which sounds fair, you get $245.

[Elwar]

Not a velocity calculator, it's a rosy nonsense generator, a bitcoin fap machine.
Quick test: Zero out all the variables (other than "number of bitcoins mined), and today's price is $480.
One of the variables it [clumsily attempts] to include is velocity.

Zero out all variables except for number of bitcoins mined and it shows $0.00
...

My mistake, guess didn't slide one of the sliders enough.  Is it that website that got you confused about money velocity?  
Because sliding the velocity slider all the way to "0%" gives you the largest value (and sliding it to "100%" the lowest)?
Have you asked yourself what "0%" and "100%" money velocity means?  Or why it's a percentage?  Care to share?

RTFM

I provided a link to a video (you don't even have to read) that explains that calculator.

[ChartBuddy]

Coin
Explanation

[Globb0]

Not a velocity calculator, it's a rosy nonsense generator, a bitcoin fap machine.
Quick test: Zero out all the variables (other than "number of bitcoins mined), and today's price is $480.
One of the variables it [clumsily attempts] to include is velocity.

Zero out all variables except for number of bitcoins mined and it shows $0.00
...

My mistake, guess didn't slide one of the sliders enough.  Is it that website that got you confused about money velocity?  
Because sliding the velocity slider all the way to "0%" gives you the largest value (and sliding it to "100%" the lowest)?
Have you asked yourself what "0%" and "100%" money velocity means?  Or why it's a percentage?  Care to share?

RTFM

I provided a link to a video (you don't even have to read) that explains that calculator.

But does it explain videos?

[Fatman3001]

Come on price!

MOVE IT!!!

[Meuh6879]

  yeah, i like this ... play again !

EUROS

[JimboToronto]

Good afternoon Bitcoinland. Been away for while but see things haven't changed much.

Down maybe $10 since I last looked and most of that seems to have happened yesterday.

Ho hum.

[ChartBuddy]

Coin
Explanation

[JayJuanGee]

Fill in your predictions:

https://i.imgur.com/Xq7fzT0.png



Here is mine:

That does NOT look like a prediction, and instead it looks like a depiction of the past, with some kind of weird 2010 anomaly.

[ChartBuddy]

Coin
Explanation

[ChartBuddy]

Coin
Explanation

[ChartBuddy]

Coin
Explanation

[BlindMayorBitcorn]

Good afternoon Bitcoinland. Been away for while but see things haven't changed much.

Down maybe $10 since I last looked and most of that seems to have happened yesterday.

Ho hum.

Too much baseball? Too little watching Bitcoin on the internet? That $10 could be your fault

[ChartBuddy]

Coin
Explanation

[BlindMayorBitcorn]

Coin
Explanation

[ChartBuddy]

Coin
Explanation

[Cconvert2G36]

Ugggghhhh.

This is going to be like Hong Kong water torture waiting for the high priests to meet up again in December to talk about... you know... actually doing something about Bitcoin scaling.

[WhatsBitcoin]

Ugggghhhh.

This is going to be like Hong Kong water torture waiting for the high priests to meet up again in December to talk about... you know... actually doing something about Bitcoin scaling.

I hear it ain't so bad.

[BlindMayorBitcorn]

Coin
Explanation

Let's not pile in all at once now...

[Cconvert2G36]

Oh it's open alright, but there's something gently bobbing on the surface... cleaning is scheduled for 2016.