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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 26379369 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.)
TheDasher
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December 15, 2016, 03:49:00 AM

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Chef Ramsay
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December 15, 2016, 05:00:00 AM

bunch of fuckin' a-holes. You all know this is worthless code nobody in the real world cares about.

 Kiss

good bye!

edit: btw, i advise you short the shit out of that mf. its basically worthless and you know it! so go and short it till 0$. gonna be rich dude.
I would shamelessly add that one should short w/ 20Xs leverage. That should do it if ya know what I mean. Smiley
TheDasher
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December 15, 2016, 05:09:23 AM

cant short if you have none.. cant get leverage on butthurt
Karartma1
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December 15, 2016, 07:36:43 AM

I didn't expect $800 to be so hard to reach after the recent pump. Whenever we saw it close there was a retreat: it will come, we all know. Maybe Christmas could be a nice trigger for a new spike up. It's getting closer.

Remember one thing: there will never be enough single BTC for everybody. Buy yours before is late
600watt
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December 15, 2016, 10:39:45 AM

for the past 69 weeks bitcoin price has risen almost $10 average per week. (bitstamp)

if this trend continues we will have a price of:

- $1300 @december 2017
- $1800 @december 2018

i could live with that.  Smiley


edit: but i think there will be another run-up inbetween. but when?
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December 15, 2016, 10:46:23 AM

Duke944 is Lambie/TalksCheap/Kwuckduck in disguise. He is using the same words over and over, pretty easy to discover.

I assumed that guy had found gainful employment (or died).
leowonderful
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December 15, 2016, 12:03:10 PM

I didn't expect $800 to be so hard to reach after the recent pump. Whenever we saw it close there was a retreat: it will come, we all know. Maybe Christmas could be a nice trigger for a new spike up. It's getting closer.

Remember one thing: there will never be enough single BTC for everybody. Buy yours before is late
Personally I wouldn't buy right now, but hey whatever floats your boat. I think we'll hit 800 for real this time before dropping a bit more back down to the upper 700s. I've made a few bucks these past few weeks buying on small dumps.
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December 15, 2016, 03:30:37 PM

for the past 69 weeks bitcoin price has risen almost $10 average per week. (bitstamp)

if this trend continues we will have a price of:

- $1300 @december 2017
- $1800 @december 2018

i could live with that.  Smiley


edit: but i think there will be another run-up inbetween. but when?

I could live with that too. So many shortsighted bitcoiners don't realize that as a long term investment, bitcoin flat out destroys any 401K, IRA, or mainstream stock vehicle by a long shot.  Hell, just using it as a savings investment, at an increase of just +5-10% a year it would do hella better than any fiat savings account.  And the great thing is, the bar for entry is extremely low, since you can purchase any small amount down to virtually dust.

And then throw in the occasional bubble and whoa...

At the very least, college kids who have graduated and hampered with student loans should be throwing extra money into bitcoin, so that one day it will help them payoff the remainder of those loans faster.
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December 15, 2016, 04:00:34 PM

for the past 69 weeks bitcoin price has risen almost $10 average per week. (bitstamp)

if this trend continues we will have a price of:

- $1300 @december 2017
- $1800 @december 2018

i could live with that.  Smiley


edit: but i think there will be another run-up inbetween. but when?

I could live with that too. So many shortsighted bitcoiners don't realize that as a long term investment, bitcoin flat out destroys any 401K, IRA, or mainstream stock vehicle by a long shot.  Hell, just using it as a savings investment, at an increase of just +5-10% a year it would do hella better than any fiat savings account.  And the great thing is, the bar for entry is extremely low, since you can purchase any small amount down to virtually dust.

And then throw in the occasional bubble and whoa...

At the very least, college kids who have graduated and hampered with student loans should be throwing extra money into bitcoin, so that one day it will help them payoff the remainder of those loans faster.

It'll outdo that steady increase, either to the upside or downside.

My own view is that it will go big whenever the next crisis hits.

Until then, as we watch currencies spike, crash and burn before our eyes, bitcoin has been a fucking remarkable hedge.
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December 15, 2016, 04:04:07 PM

Duke944 is Lambie/TalksCheap/Kwuckduck in disguise. He is using the same words over and over, pretty easy to discover.

I assumed that guy had found gainful employment (or died[/i]).

Trampled by a bull run?
sadasa
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December 15, 2016, 04:06:51 PM

Duke944 is Lambie/TalksCheap/Kwuckduck in disguise. He is using the same words over and over, pretty easy to discover.

I assumed that guy had found gainful employment (or died[/i]).

Trampled by a bull run?

Then slapped by a box of flapping to finish him.
Meuh6879
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December 15, 2016, 05:01:23 PM

Fuck, it's HIGH !



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December 15, 2016, 05:11:02 PM

Good morning Bitcoinlanders.

More of the same... $784 going pretty much flat sideways with perhaps a tiny upward creep.

Barely 2 weeks left in 2016. Let's see.
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December 15, 2016, 05:17:01 PM

Fuck, it's HIGH !

btc = 750 euro

The euro is crashing against the dollar. All the way from 1.60 (July 2008) to 1.04 (today).

Damn fiat is volatile.
Meuh6879
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December 15, 2016, 05:27:13 PM

Damn fiat is volatile.

JayJuanGee
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December 15, 2016, 05:34:08 PM

for the past 69 weeks bitcoin price has risen almost $10 average per week. (bitstamp)

if this trend continues we will have a price of:

- $1300 @december 2017
- $1800 @december 2018

i could live with that.  Smiley


edit: but i think there will be another run-up inbetween. but when?

I could live with that too. So many shortsighted bitcoiners don't realize that as a long term investment, bitcoin flat out destroys any 401K, IRA, or mainstream stock vehicle by a long shot.  Hell, just using it as a savings investment, at an increase of just +5-10% a year it would do hella better than any fiat savings account.  And the great thing is, the bar for entry is extremely low, since you can purchase any small amount down to virtually dust.

And then throw in the occasional bubble and whoa...

At the very least, college kids who have graduated and hampered with student loans should be throwing extra money into bitcoin, so that one day it will help them payoff the remainder of those loans faster.

Actually, my initial goal investing into bitcoin was to attempt to have returns of at least an average of 3% per year, but really I had preference of at least an average of 6% per year.  Of course, performance beyond those goals would be icing on the cake, but at the same time, I was of the understanding of the risk, so I also understood that there was a potential to lose 100% (so it is not an exactly tried and true savings/investment vehicle).. Be we also knew that there was upside potential of thousands of percentage of return.

 I employed dollar cost averaging to attempt to achieve my minimum goals with the above caveats, and the ride has certainly been like a rollercoaster.

At the end of my first year, I was approximately negative 34% - which would be an an annual (negative 34%)... The dip did get worse, but let me just take year snapshots for illustrative purposes.

At the end of my second year, I was approximately negative 22% - which would be an an annual (negative 11%)...


At the end of my third year, I was approximately positive 70% - which would be an an annual (positive 23.3%)...

In the past year, I have a few other things going on with stacking fiat within my bitcoin investment fund, that sometimes will cause various kinds of ways to measure the profits, but overall the trend is coming out decent and the cushion is great.

For about the first 5 months of this year, between January and May, based on my cash reserves and my BTC holdings, I was considering my BTC investment to be floating in the approximately breaking even territory (probably more likely a few percentage points in the red).. so yeah, a large portion of the gains and the cushion came since May of this year... and it is all good and continuing to feel like a decent approach to hedge against other dollar (or other fiat) based investments.
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December 15, 2016, 05:37:20 PM

Taking longer than expected to get above 800. Thought we'd be at 790 now atleast
It will no doubt go above $800 sometime soon with the holiday shopping spree two fold just around the corner. It is near $779 if it didn't pass that point already.
Chef Ramsay
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December 15, 2016, 05:37:36 PM

Fuck, it's HIGH !

btc = 750 euro

The euro is crashing against the dollar. All the way from 1.60 (July 2008) to 1.04 (today).

Damn fiat is volatile.
Yep, the USD is great again and strongest since '03. https://www.bloomberg.com/news/articles/2016-12-14/dollar-on-top-as-fed-pulls-the-trigger-asia-index-futures-mixed

Gold, silver, euro plunge among others. Yet, Bitcoin maintaining 778$ is impressive. However, future US debt interest payments are gonna suck donkey dick. Trump's gonna have to default or restructure on this debt, cause once taxes are cut the math won't add up in the short term. It'll take awhile to get the jobs rolling again and getting the unemployed/underemployed/those on welfare back to paying taxes to make up the difference could take most of the first term.
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December 15, 2016, 06:27:06 PM


The pump is soon to start!

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December 15, 2016, 06:40:35 PM


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