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

[Torque]

Found a rare unicorn, a positive MSM article.

https://www.cnbc.com/2017/11/20/standpoints-ronnie-moas-predicts-bitcoin-will-surge-another-70-percent.html

Price target raised from $11k to $14k, but doesn't say when. I'm assuming end of 2018.

[HairyMaclairy]

BTG started trading on Bittrex a couple of hours ago and it is surging. Sure wish Coinmarketcap would get their shit together and add it to the first page. It is currently the number 5 coin by market cap.

I think the problem is CoinMarketCap doesn’t know how many are issued so can’t calculate the market cap.

[rolling]

BTG started trading on Bittrex a couple of hours ago and it is surging. Sure wish Coinmarketcap would get their shit together and add it to the first page. It is currently the number 5 coin by market cap.

I think the problem is CoinMarketCap doesn’t know how many are issued so can’t calculate the market cap.

That may be true but how could they not know that? The current block is known and it follows the exact same distribution as bitcoin. Seems like they would be able to figure it out since they figured out 1200+ shitcoins.

[JayJuanGee]

This one says 10 million.

https://en.wikipedia.org/wiki/Millionaire

Another commonly used term is multimillionaire which usually refers to individuals with net assets of 10 million or more of a currency.

But by definition, it should be anyone with 2 or more. Maybe 5 is a good number as that is what supposedly Bill Gates implied as comfortable for a lot of people who don't overspend and run charities.

Thanks for pointing that out Dabs.... It is an  interesting concept to attempt to figure out whether to classify oneself as a millionnaire or a multi-millionnaire, and surely, 10 million does constitute a way to differentiate in a kind of meaningful way.

And, perhaps the regular millionnaires, let's say between $1million and $9.99 million can kind of still rejoice in having a bit of a range in which to work and perhaps to also have a status that allows them to potentially strive for the more prestigious multi-millionnaire status... but I agree with you that technically, you may be able to assert multi-million with 2 million, but perhaps 3 million would be safer - it is like differentiating between couple and few.. so in order to be accurate with "few" you need to have three or more...

By the way, at current prices, you still need about 122 BTC in order to reach the millionnaire status in terms of bitcoin holdings alone... but likely BTC HODLers are going to have other assets, besides their bitcoins, and perhaps some BTC HODLers with 50BTC or so, could be merging into "millionnaire" status based on the positively lopsided performance of their bitcoin holdings.

Part of my latter point is that of course we should be considering the totality of all our assets, besides just our BTC holdings, and just to give an idea, my current bitcoin portfolio constitutes about 2/3 of my total wealth (and about 90% of my bitcoin holdings is in bitcoin and about 10% in fiat)... but it is a bit crazy that in late 2013 I had aimed to invest about 10% of my total quasi-liquid assets into bitcoin; however, due to the low BTC price throughout 2014 and 2015, I ended up investing a bit more than 12% of my total quasi-liquid assets into bitcoin, and thereafter, due to bitcoin's price appreciation, those proportions became a bit over 2/3 of my wealth is now in bitcoin or in bitcoin-tagged funds (fiat tagged for bitcoin).

[Paashaas]

B..B..Bitcoin Gold is surging 

I'll wait a little bit longer with selling.

[lightfoot]

B..B..Bitcoin Gold is surging 

I'll wait a little bit longer with selling.

Oh God, am I going to have to split wallets *again*.....

[bones261]

B..B..Bitcoin Gold is surging  

I'll wait a little bit longer with selling.

Bummer, I sold too early at .0375BTC. Oh well, guess I'll start mining BTG again.

[Rosewater Foundation]

I sold my BTX for some peanuts one day because I was bored.

[bones261]

I sold my BTX for some peanuts one day because I was bored.

I got bored with it too, months ago.

[BTCMILLIONAIRE]

I sold my BTX for some peanuts one day because I was bored.

I got bored with it too, months ago.

I prefer just keeping them and not even bothering with splitting wallets. If I ever actually feel like moving some of my Bitcoins I might consider it, but it seems like a waste of time right now.

The only downside to this is, if there's going to be Bitcoin SSJ4Sanic and 120938123 other versions it might get difficult to split the wallets without compromising the safety of all the alt chains. But what gives.

[bitserve]

B..B..Bitcoin Gold is surging  

I'll wait a little bit longer with selling.

Bummer, I sold too early at .0375BTC. Oh well, guess I'll start mining BTG again.

"Never sell at the bottom" is also applicable to shitcoins

I mean, it was like over $400 few days ago... I can wait.... Won't sell for pennies even if that means losing it all... It didn't cost me anything, so I can afford it.

[Punisher13142]

B..B..Bitcoin Gold is surging 

I'll wait a little bit longer with selling.

Oh God, am I going to have to split wallets *again*.....

12 hours ago approx., Trezor finally released a tool for claiming your BTG. Lot of people dumped the stuff. Few hours later, bittrex creates the markets for BTG, and a sudden pump for that coin begins.

Don't know wtf happened, but one thing is clear: never sell your giftcoins just when trezor releases their claiming tool,  lol. Almost same happened with BCH.

[Rosewater Foundation]

Bgold isn't even on Poloniex or Bithumb yet. My plan is to wait until I hear myself say something like "wtf! for a free shit coin?!" Then I'm out.

12 hours ago approx., Trezor finally released a tool for claiming your BTG. Lot of people dumped the stuff. Few hours later, bittrex creates the markets for BTG, and a sudden pump for that coin begins.

Don't know wtf happened, but one thing is clear: never sell your giftcoins just when trezor releases their claiming tool,  lol. Almost same happened with BCH.

Mental note. The lazy shall inherit the earth.

[bitserve]

I sold my BTX for some peanuts one day because I was bored.

I got bored with it too, months ago.

My "fail" here is even worse than that. It seems (I didn't remember the exact figures until I checked the other day) that I only claimed one single address containing 1.6BTC, and then posponed or decided it wasn't worth the hassle (signing from each individual address) to do more as it was worth very little then. And now it is too late to claim the rest of that first airdrop.

I have just remembered why I didn't keep claiming... I downloaded the wallet, it didn't even run on my linux, couldn't find the sources to compile it myself... decided it was a piece of shit worth nothing and that it would soon vanish and never looked back. Yup, that was it.

[jojo69]

its crashing guys, its over

sell while you still can

BTC $200 tomorrow

[podyx]

What happend?

[bones261]

I didn't want to wait though after Trezor let me claim my coins. However, I did not just dump it. I set my banks at .0375 when it was at .034. Then I watched TV for 10 minutes and it was filled. Good thing that I can still mine it, but it appears the hashrate has increased significantly since a couple hours ago.

[Heater]

Dumped all my bitcore today. I'm happy to get the market price whenever I get my act together to sell them.

I don't get why people feel the need to hold on and try to time the market to sell these airdrops  - the last thing I need to be doing is tracking the price of a thousand shitcoins every day. Yes the shitcoin could go up for a moonshot - but so could bitcoin. Nobody knows.

[rolling]

Just a $500 drop, nothing to see here...

[WhatsBitcoin]

No walls on the way down or what? That was ugly