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

[Arriemoller]

guys?

where the actual fuck is Torque?

Why don't you send him a PM and ask?
And then tell the rest of us, I wonder too.

EDIT: Oh, he's back now, good.

I

[600watt]

Guys, i can´t comprehent my sudden wealth, please help me.

This no joke. It´s probably, because i have no use of lambos, don´t know . . .

focus on self sufficiency

water, food, concrete

easy: find a decent woman, get married and have kids. kids are the answer. if you are above 30.

and give to people you meet that need help. share parts of your eternal golden lottery ticket with those who were not so lucky in life.

[JayJuanGee]

The only question is: will it peak at $25k, $35k or above $50k  

You mean after the resolution of the next forking shenanigans, right?

Right now we are getting preforking pumps, and then we will likely get post forking pumps...

gosh?  I am thinking more on the lower end of your three scenarios.. but maybe I am just not bullish enough.. ?

I myself see maybe a 9k to 10k pre-forking pump...with a result of 3 flavors of bitcoin, with none holding 51% ..thus stalemate..thus post forking dump say to 6k or 5k, as
a result of NO resolution to all this yet....give any of the above 51% and we will blast past 10k imho....

Don't get me wrong, I'm still gonna hodl thru all this, just saying it is how Bitcoin rolls....(or has in the past, on this kinda stuff)

That's pretty pessimistic.    

[AlcoHoDL]

That's what I want:

https://youtu.be/DmeUuoxyt_E

Well, not that much, but hey, one can dream...

Haha. You know how YouTube puts up ads before your content plays? I followed your link, and was met with an ad for Cascade Paper company. Shots of smiling factory workers working in friendly collaboration, running finely-maintained production machines, cranking out huge volumes of ... ...
...
wait for it ...
...
Toilet Paper!

Oh shoot, I posted the wrong video...!

Now my secret fetish has come out in the open. Fcuk!

[600watt]

this is carolina gentlemen moon!

[Phil_S]

7400 !

[600watt]

this must be the wealthiest forum in history.

 

[El duderino_]

So maybe the possibility to reach 7700 before the star wars relaese becomes close :-)

easy peezy Daisy Ridley

I remember back in May when Bitcoin first hit 2187. I had a little chuckle.

Few weeks back When i was on holliday it was little tooo bullish thinking the price could go to 7700 before star wars release..., now again When i’m On a small poker holliday trip :-) price keep Going up .... and its looks like we acctually
Can make iT to 7700 what an endboss This bitcoinfella

[AlcoHoDL]

Looks like we may have a Choo-Choo again soon...

Brace yerselves...!

via Imgflip Meme Generator

[El duderino_]

this must be the wealthiest forum in history.

 

And if not
Its only a matter of time

[600watt]

this must be the wealthiest forum in history.

 

And if not
Its only a matter of time

saturday? or monday?

[rjclarke2000]

not a bad morning.


Will we see a temporary dump as we did yesterday?

$32k by the weekend?

[Arriemoller]

Actually most of people on this planet are broke and just worry about daily sustenance.  So even if they knew something about bitcoin, they probably would buy very little, if at all, and had get out as soon as they need the money for something else.  

So even if Mircea Popescu type of elitism is repugnant, he is right in that Bitcoin does NOT give a fook whether it sees widespread use as payment or the masses adopt it.  It's going to go up if enough elites see it as a hedge against central bank experimentalism or as a new method of exerting controls.  As I stated before, I got in in late 2012 mostly as a hyperdeflationary experiment, i.e. I want to see whether we can trigger the first recorded case of hyperdeflation in human history.  

Since bitcoin is highly deflationary by design, it is irrational to spend it when you have fiat alternatives readily available, e.g. Visa/Master/Paypal/Alipay/Debit-card/Fiat-Cash.  If any kind of S curve adoption occurs, then BTC would be hoarded to oblivion.  Gresham's law would tell you that people always want to spend the "bad money", e.g. fiat, before spending "good money" like gold or BTC.  So eventually just as in hyperinflation, people try to spend the toilet paper confetti before it becomes worthless, people would hoard BTC before it becomes even more valuable.  The end game would be the same, they lose their function as a medium of exchange, because one has zero function as storage of value, and the other because it is just too valuable to be spent.  

If one just look at BTC in fiat term, going from sub $1 to $7000+ in 7+ years is pretty hyperdeflationary.  It's even worse if one looks at it in "purchasing power parity" terms, i.e. Laszlo's pizza, 2 pizza for USD$70 million, an increase of at least 7,000,000 times.  Naturally the implication would be that if BTC undergoes hyperdeflation, any charting/wave-theory/fibonacci/TA would be meaningless.  That's like applying TA to Weimar stock market or the IBVC (Venezuela stock index), which is up like 20x in 2017 alone and 50x in 1 year.  

^^
This.

[JayJuanGee]

not a bad morning.


Will we see a temporary dump as we did yesterday?

$32k by the weekend?

Oh my!!!!  $32k, oh my!!!  I am not sure whether I am psychologically ready?  another 4.3x - ish.  Oh my!!!

[ghandi]

Is there still somebody out there, trying to trade this madness?

[Lauda]

This ratio.

Bitstamp | Total bids: 106610570 USD. Total asks: 1930 BTC. Ratio: 55232.55661 USD/BTC. | Data vintage: 0.0227 seconds

[El duderino_]

this must be the wealthiest forum in history.

 

And if not
Its only a matter of time

saturday? or monday?

Talking hours not days ;-)

[philip2000uk]

Is there still somebody out there, trying to trade this madness?

I lose when i buy and sell so i'm holding.

[Heater]

This ratio.

Bitstamp | Total bids: 106610570 USD. Total asks: 1930 BTC. Ratio: 55232.55661 USD/BTC. | Data vintage: 0.0227 seconds

Wow. The ratio is getting out of hand. Looks like we still have a way to go in this one.

Just went out for a quick walk and made a years salary. Not so easy to comprehend this atm.

[Asrael999]

Guys, i can´t comprehent my sudden wealth, please help me.

This no joke. It´s probably, because i have no use of lambos, don´t know . . .

If u'r in your prime, you have 50 years left to live. What is your desire?? (Be greedy with your cravings if they make you feel better, healthy, happy, relaxed and make you live longer!)

I just wanna go surfing  

My ultimate dream is a sign in front of my business:  "Gone swimming" !

Move somewhere with good waves , but an existing surfing business, pay someone else to run it, and go surfing then.

Investing in something that might be burdensome and for something like 'waves' that are for free is not a good business.

True but being the guy/gal that owns the surf shop and spends their days on the beach definitely comes with perks.