bitebits
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Activity: 2317
Merit: 3791
Flippin' burgers since 1163.
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June 16, 2016, 07:38:07 PM |
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[...] But from a fundamental standpoint, who has the funds to be able to cough up $2000 just to buy half a coin? [...]
Being able to afford a whole bitcoin will become rare over time, like owning a kilo of gold. We will slowly move to pricing things in mBTC to fix this issue for a while. With the side effect that it makes people getting used to the idea of not wanting to own an arbitrary number of satoshi's, being one bitcoin.
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European Central Bank
Legendary
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Activity: 1288
Merit: 1087
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June 16, 2016, 07:40:50 PM |
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[...] But from a fundamental standpoint, who has the funds to be able to cough up $2000 just to buy half a coin? [...]
Being able to afford a whole bitcoin will become rare over time, like owning a kilo of gold. We will slowly move to pricing things in mBTC to fix this issue for a while. With the side effect that it makes people getting used to the idea of not wanting to own an arbitrary number of satoshi's, being one bitcoin. Uh, this guy is legendary and has been here for five years and he asks a question like that? Maybe a mining rack fell over and landed on his head in the meantime.
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matt4054
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Activity: 1946
Merit: 1038
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June 16, 2016, 07:42:00 PM |
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Uh, this guy is legendary and has been here for five years and he asks a question like that? Maybe a mining rack fell over and landed on his head in the meantime.
A whole mining rack doesn't bring much these days, it should be at least with S9s then 
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adamstgBit
Legendary
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Activity: 1904
Merit: 1038
Trusted Bitcoiner
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June 16, 2016, 07:43:18 PM |
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bots be like: Sell more bitcoins
 you pathetic humans
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rjclarke2000
Legendary
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Activity: 1358
Merit: 1016
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June 16, 2016, 07:44:47 PM |
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Am I too late to join the party? About 10 pages have passed since my last visit!
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JayJuanGee
Legendary
Online
Activity: 4158
Merit: 12602
Self-Custody is a right. Say no to "non-custodial"
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June 16, 2016, 07:46:37 PM |
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Brexit suspended.
What you talking about Willis? Edit: Never mind, I subsequently read what seems to be some descriptions that accounts for the above amorphous and ambiguous posting.
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mymenace
Legendary
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Activity: 1596
Merit: 1061
Smile
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June 16, 2016, 07:48:01 PM |
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Isn't this fun?
i waited almost 30 fucking months for this kind of fun. cheers, brother. We just touched $994.80 CAD. This is getting so close I can taste it. Cheers.  $1008 AUD hit yesterday
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_javi_
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June 16, 2016, 07:49:58 PM |
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I just came to say WOWOWOW I still remember NotLambChomp ( or something like that ) posting Willie Coyote gif hitting $380.. 
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SnokkomBTC
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June 16, 2016, 07:55:18 PM |
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I just came to say WOWOWOW I still remember NotLambChomp ( or something like that ) posting Willie Coyote gif hitting $380..  LOL
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DaRude
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Activity: 3103
Merit: 2007
In order to dump coins one must have coins
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June 16, 2016, 07:58:22 PM |
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I just came to say WOWOWOW I still remember NotLambChomp ( or something like that ) posting Willie Coyote gif hitting $380..  LOL I asked him to make one for $680 but it's too late now  NLC do one for $780 you know strike that, just do one for $1280 that should give you some time
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JimboToronto
Legendary
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Activity: 4452
Merit: 5739
You're never too old to think young.
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June 16, 2016, 07:58:31 PM |
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We just touched $994.80 CAD. This is getting so close I can taste it. Cheers.  $1008 AUD hit yesterday Congrats. Hopefully I'll join your party sometime tonight. Let's see what happens when China wakes up.
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JayJuanGee
Legendary
Online
Activity: 4158
Merit: 12602
Self-Custody is a right. Say no to "non-custodial"
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June 16, 2016, 07:59:03 PM Last edit: June 16, 2016, 08:21:27 PM by JayJuanGee |
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Hmm, double top? time for crash
Maybe you are misspeaking somewhat with your use of the term "crash"... Helrow?  ? There may be some corrections, here and there, so the momentum is upwards... A crash is more like a trend reversal... which is going to take a whole hell of a lot of FUCD spreading and possibly some discovery of "actual" rather than an imagined technical problem. Edit: I will let my comment stand, and I do see that you subsequently walked back some of the rashness of your statement
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Bavaria
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June 16, 2016, 07:59:08 PM |
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$800 incoming. $1151's gonna be hosed and everybody now knows it.
I wonder what will happen after we touch $1151 
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spooderman
Legendary
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Activity: 1694
Merit: 1047
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June 16, 2016, 07:59:45 PM |
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we just hit 406827659709 in some arbitrary currency that no one else is using to gauge bitcoin's popularity.
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SnokkomBTC
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June 16, 2016, 08:00:24 PM |
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We just touched $994.80 CAD. This is getting so close I can taste it. Cheers.  $1008 AUD hit yesterday Congrats. Hopefully I'll join your party sometime tonight. Let's see what happens when China wakes up. FOMO
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AlexGR
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Activity: 1708
Merit: 1049
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June 16, 2016, 08:02:33 PM |
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[...] But from a fundamental standpoint, who has the funds to be able to cough up $2000 just to buy half a coin? [...]
Being able to afford a whole bitcoin will become rare over time, like owning a kilo of gold. The ratio of scarcity right now is ~190 million kg of above ground gold vs 15.6 million btcs, so it's like 1 btc is as scarce as 12.2kg of above ground gold.
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600watt
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Activity: 2338
Merit: 2106
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June 16, 2016, 08:04:33 PM |
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$800 incoming. $1151's gonna be hosed and everybody now knows it.
I wonder what will happen after we touch $1151  historical hyper crypto-monetizing event of unseen epicness. congrats you all you soon to become fucking rich hodlers.
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Bavaria
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June 16, 2016, 08:07:05 PM |
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$800 incoming. $1151's gonna be hosed and everybody now knows it.
I wonder what will happen after we touch $1151  historical hyper crypto-monetizing event of unseen epicness. congrats you all you soon to become fucking rich hodlers. Cheers BitBulls !!! 
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mojolama
Member

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Activity: 85
Merit: 11
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June 16, 2016, 08:07:44 PM |
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Being able to afford a whole bitcoin will become rare over time, like owning a kilo of gold.
We will slowly move to pricing things in mBTC to fix this issue for a while. With the side effect that it makes people getting used to the idea of not wanting to own an arbitrary number of satoshi's, being one bitcoin.

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JayJuanGee
Legendary
Online
Activity: 4158
Merit: 12602
Self-Custody is a right. Say no to "non-custodial"
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June 16, 2016, 08:08:11 PM |
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"Wall Observer" AlertSometimes Walls can be reverse indicators, no? Aren't we going up? Seems like it. If we can break through this $750 to $850 price territory, then it seems that the rest would be history, even if there happens to be quite a few coins on the books in the ask walls. >>>>>>waka waka waka>>>>waka waka waka>>>>>>>>> waka waka waka>>>>> This is WALL OBSERVER. We are here to make all observations based on walls. I'm sick of these CHARTS with TIME and other indicators. The only time a time axis should be allowed is on a 3 dimensional chart with walls. Where is ChartBuddy? I have no problem with your making some technical analysis... May cause us to be smarter. I'm just quibbling slightly with your prediction.. but hey, no problema with that. Regarding chart buddy, Richy_T and chartbuddy exited this thread after Adam had been suspended for a short period of time, crying censorship and fullblocalypse and scale or die.. etc etc etc nonsense. In other words, he took his marble elsewhere.. to the copy cat wall observer thread on bitco.in and also there's a dedicated chartbuddy thread too. Some improvements to chartbuddy as well, even though it would be a much more useful tool, here. I think that in the past, there were some suggestions regarding the possibility of a new chartbuddy, a chartbuddy2 or a chartfriend or something for this thread, but someone would need to have enough commitment to program it and set it up and whatever else it takes. I think such a new chartbuddy could be somewhat self funded on a forum like this if it were to add a signature campaign to its postings (maybe hourly), then such signature campaign could possibly pay for a considerable amount of the time and effort to set it up..
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