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

[BlindMayorBitcorn]

I'd never even seen $50k before Bitcoin.   

[conspirosphere.tk]

Ha ha, I am still a noob even now. I will fully admit this.

me too. I'm just trolling for the lulz.

[BlindMayorBitcorn]

Looks like incremental dumping is the order of the day. Remind me to listen to JJG. 

[mymenace]

Now we are in a thread where we can be a little off topic I thought I would mention I have come home from work

if you're still working you've been failing as a legendary imo. and that vomit thing is not gentleman even. You should have a platoon of wet nannies serving yourself and the kids now.
Because being breastfed is better than a cigar.

Whoa whoa whoa.

Failing?  My first bitcoin was bought between $100-$200 and the most I have ever spent on one bitcoin is $400. I accumulated some coins during the bear market after gox. To not work I would have have had to invested around $50k at this time. (Which I did not unfortunately)

I wish I was earlier in to bitcoin believe me.

Anyway, I feel I am in a decent position right now.

wait until the release of a huge array of ICO when china approve the go ahead in Jan 2018

[Meuh6879]

Time always win in P2P network development ...

Just 1 year ...

[Torque]

So much laughable bullshit in this MSM article, I don't even know where to start. They've really outdone themselves this time.

https://www.cnbc.com/2017/09/28/north-korean-hackers-attempts-to-steal-bitcoin-are-a-huge-wake-up-call-commentary.html?__source=yahoo%7Cfinance%7Cheadline%7Cheadline%7Cstory&par=yahoo&doc=104704799&yptr=yahoo

[BlindMayorBitcorn]

https://www.thestreet.com/story/14320675/1/bitcoin-is-a-fraud-says-wolf-of-wall-street-jordan-belfort.html

[mike4001]

The last 10 floor to floor Bitcoin doublings since Nov 2012.

Average doubling time: 6 months
Shortest doubling time: 1 month ($20 to $40)
Longest doubling time: 18 months ($80 to $160)

The Mt Gox bubble is clearly disruptive to trend. Since recovery, doubling times have only accelerated. This kind of hyperbolic growth is typical of a technological singularity. Think color tv, mobile phones, or the Internet.

At this scale, it's really hard to see the recent hardfork or China FUD having much of an impact at all.

https://bitcointalk.org/index.php?topic=2203360.0

This feels very f'-ing fancy! .. Also.. I don't know if you know this.. But your chart predicts 10500$+ în 3-4 months.

Let's project! If we assume an average doubling rate of 6 months, then the price floor should remain above:

$5120: Jan 2018
$10,240: July 2018
$20,480: Jan 2019
$40,960: July 2019
$81,920: Jan 2020

We may touch $10,000 in 3 or 4 months as an ATH, but it may take another couple months to form a new floor. I wouldn't be surprised if doubling rates slowed down to maybe a year+ after $10,000, though. It's mind-boggling and eye-watering to conceive it's even possible. But this long-term doubling trend has so far survived all kinds of FUD, hacks, and Bitcoin obituaries and only appears to be gaining resilience as adoption increases.

It's funny, I just can't see it doubling into this heights so soon.

But then again .. I didn't think we would reach 4000 (or even scratch 5000) 3-4 months ago.

[Meuh6879]

Source : http://www.zerohedge.com/news/2017-09-28/macquarie-lashes-out-jamie-dimon-modern-finance-not-bitcoin-real-fraud

Shvets' then gives some advice to the Dimons of the world:

"people living in glass houses should not throw stones" and explains what is really happening: like gold, bitcoin has emerged as an insurance policy to the insanity unleashed by a reeling, establihsment political system and central bankers determined to preserve the status quo at all costs ...

You see that ?

It's happening ... the epiphany moment of Bitcoin.

[Ibian]

Source : http://www.zerohedge.com/news/2017-09-28/macquarie-lashes-out-jamie-dimon-modern-finance-not-bitcoin-real-fraud

Shvets' then gives some advice to the Dimons of the world:

"people living in glass houses should not throw stones" and explains what is really happening: like gold, bitcoin has emerged as an insurance policy to the insanity unleashed by a reeling, establihsment political system and central bankers determined to preserve the status quo at all costs ...

You see that ?

It's happening ... the epiphany moment of Bitcoin.

Is it ok to be proud that we saw something years ago that highly paid and public "professionals" are only just realizing? Is a moment of smugness in order?

[Wekkel]

Bitcoin is a better story in terms of currency. Transparent, decentralised and permissionless. Global, agnostic and, for the considerable future, rising like a meteor.

It will continue to attract more and more people trying to evade the current financial system that is reeling under debt and looming destruction of value. It can't be stopped so it won't be stopped.

You're still early, so hang on....... hang on and HODL for dear life.

[aesma]

Most of these professionals are very rich from their strategy so they don't really care.

People with no money that live in the "real economy" getting screwed by the financial industry, they should be upset.

[jbreher]

Children are not good investment.

That depends how you look at it.

My mother once said that children are an investment and grandchildren are the dividends.

I thought you were the inveterate bachelor? How's mom feel about that investment? Returns from siblings?

Three kids, two grandkids here. Each an owner of a paper wallet with a number of bitcoins. I send another dose to each address from time to time.

[El duderino_]

END list, good luck!

19/9 rayx12 
24/9 kidbitter*
25/9 binaryreign*
26/9 player99
27/9 xhomerx10
28/9 khufuking
29/9 jhayzxenon*
30/9 yermom
01/10 teamtarp*
02/10 bitchick *
03/10 ^BuTcH^
04/10 minermannc
05/10 punisher1314*
06/10 jimbo Toronto*
07/10 player514*
09/10 Oinas*
10/10 bikerlezno*     LAST WINNER
11/10 ted e. bare
12/10 harrymmmm*
13/10 cryptoqueeen*
14/10 bitcoinaire*
15/10 ludwigvon*
16/10 BitchicksHusband*
17/10 shroomskit_disgrace
18/10 dakustaking76
19/10 birobob*
20/10 leowonderful
21/10 paashaas
22/10 cmacwiz*
23/10 spaceman_spiff_original*
24/10 colonel panic
25/10 soullyG
26/10 weltmaster*
27/10 vroom
28/10 entons*
29/10 roombot*
30/10 notme*
31/10 twocorn
01/11 YamashitaRen
02/11 orpington
03/11 Haciendo*
04/11 lilloboy
05/11 jojo69*
06/11 d_eddie*
07/11 empowering*
08/11 northyplole*
09/11 podyx*
10/11 u9y42*
11/11 starving_marvin
12/11 sirazimuth*
13/11 dotto*
14/11 hazukison*
15/11 organic*
16/11 Heater*
17/11 foxygoxy*
18/11 600watt
19/11 arriemoller
20/11 drbrockcoin*
21/11 icygreen*
22/11 rakessh
23/11 erisdiscordia
24/11 oblox*
25/11 mfort312*
26/11 globbo*
27/11 lfc_bitcoin
28/11 conspirosphere.tk*
29/11 rjclarck2000
30/11 last of the v8s *
01/12 newworldcoiner*
02/12 souspeed*
03/12 jaapgvk
04/12 sgk*
05/12 fluidjax
07/12 free-bit.co.in
08/12 imbatman
09/12 yonton
10/12 fragout*
11/12 itod
12/12 lontonbit*
13/12 CistaCista
14/12 cAPSLOCK
15/12 philivey
16/12 marcus_of_augustus*
17/12 mattimann
18/12 coincube*
21/12 2dogs
24/12 bones261*
25/12 mndan
26/12 karatma1*
28/12 deathangel*
30/12 erre
31/12 elwar
01/01/2018 lewis pirenne*
02/01/2018 addressed*
03/01/2018 bathy
05/01/2018 bitcoin psycho
06/01/2018 chowhan
07/01/2018 fabiorem*
18/01/2018 raja_mbz*
22/01/2018 _javi_
26/01/2018 kurious*
28/01/2018 steelboy*
29/01/2018 alcohodl
01/02/2018 cristitcm
18/02/2018 in the silence
20/04/2018 fractal universe*
15/03/2018 Carl85
15/05/2018 oldtimegin*
15/06/2018 samson
16/08/2018 samarkand

[JayJuanGee]

Now we are in a thread where we can be a little off topic I thought I would mention I have come home from work

if you're still working you've been failing as a legendary imo. and that vomit thing is not gentleman even. You should have a platoon of wet nannies serving yourself and the kids now.
Because being breastfed is better than a cigar.

I registered here four hours before rj. He's such a noob.

Ha ha, I am still a noob even now. I will fully admit this.

I have no argument with your statement.

I am not sure if the above is a good proclamation....

Sure it is good to attempt to lower your cost per BTC, but it seems like a mind block, and even a form of inactivity to NOT continue to acquire BTC (on dips, for example).. especially if you have an ongoing cashflow, a certain percentage of your cashflow could go to bitcoin, no? 

Even 1% might be sufficient, no?

The amount could even be less than 1%, and still be good... depending on tailoring the amount to your own situation.

[Torque]

Three kids, two grandkids here. Each an owner of a paper wallet with a number of bitcoins. I send another dose to each address from time to time.

You said bitcoins, not bitcoin cash coins. I'm sure that you meant Bitcoin Cash (BCH), correct? Right? Riiiight?

[JayJuanGee]

Looks like incremental dumping is the order of the day. Remind me to listen to JJG. 

you seem to be using the term "incremental"   WRONGLY!!!!!!         

[Torque]

Fidelity is mining Bitcoin!

https://techcrunch.com/2017/09/28/fidelity-ceo-abigail-johnson-says-the-company-is-mining-cryptocurrencies/amp/

^{(actually just on 21.co cards but still)}

 

[savetherainforest]

The last 10 floor to floor Bitcoin doublings since Nov 2012.

Average doubling time: 6 months
Shortest doubling time: 1 month ($20 to $40)
Longest doubling time: 18 months ($80 to $160)

The Mt Gox bubble is clearly disruptive to trend. Since recovery, doubling times have only accelerated. This kind of hyperbolic growth is typical of a technological singularity. Think color tv, mobile phones, or the Internet.

At this scale, it's really hard to see the recent hardfork or China FUD having much of an impact at all.

https://bitcointalk.org/index.php?topic=2203360.0

This feels very f'-ing fancy! .. Also.. I don't know if you know this.. But your chart predicts 10500$+ în 3-4 months.

Let's project! If we assume an average doubling rate of 6 months, then the price floor should remain above:

$5120: Jan 2018
$10,240: July 2018
$20,480: Jan 2019
$40,960: July 2019
$81,920: Jan 2020

We may touch $10,000 in 3 or 4 months as an ATH, but it may take another couple months to form a new floor. I wouldn't be surprised if doubling rates slowed down to maybe a year+ after $10,000, though. It's mind-boggling and eye-watering to conceive it's even possible. But this long-term doubling trend has so far survived all kinds of FUD, hacks, and Bitcoin obituaries and only appears to be gaining resilience as adoption increases.

It's funny, I just can't see it doubling into this heights so soon.

But then again .. I didn't think we would reach 4000 (or even scratch 5000) 3-4 months ago.

The last square is wrong! His prediction is very conservative. But what will happen is exactly like on Square No. 3!

The new ATH will probably be between 30 Sept < > 2-3 Oct. And the $10.000$ will be probably around Christmas!       

[rjclarke2000]

Now we are in a thread where we can be a little off topic I thought I would mention I have come home from work

if you're still working you've been failing as a legendary imo. and that vomit thing is not gentleman even. You should have a platoon of wet nannies serving yourself and the kids now.
Because being breastfed is better than a cigar.

I registered here four hours before rj. He's such a noob.

Ha ha, I am still a noob even now. I will fully admit this.

I have no argument with your statement.

I am not sure if the above is a good proclamation....

Sure it is good to attempt to lower your cost per BTC, but it seems like a mind block, and even a form of inactivity to NOT continue to acquire BTC (on dips, for example).. especially if you have an ongoing cashflow, a certain percentage of your cashflow could go to bitcoin, no? 

Even 1% might be sufficient, no?

The amount could even be less than 1%, and still be good... depending on tailoring the amount to your own situation.

I am aware this is a good idea but all my "spare cash" has gone on a building project we have nearly completed. I have had no spare fiat. I had a goal regarding the minimum amount of btc I'd like to hodl from the start and this has been increased by bcash coming along so I am pretty content with what I have. Always nice to have more but as I said, I've had other projects in the go and I have to inject money there.