Bitcoin Forum
August 15, 2020, 05:59:36 AM *
News: Latest Bitcoin Core release: 0.20.0 [Torrent]
 
   Home   Help Search Login Register More  
Poll
Question: 8/16 Closing Price (yeah, it's a Sunday):
0 - 1 (2.9%)
<$10,500 - 2 (5.7%)
$10,500-$11,000 - 0 (0%)
$11,001-$11,500 - 5 (14.3%)
$11,501-$12,000 - 6 (17.1%)
$12,000-$12,500 - 10 (28.6%)
>$12,500 - 10 (28.6%)
>$20,000 - 1 (2.9%)
Total Voters: 35

Pages: « 1 ... 20939 20940 20941 20942 20943 20944 20945 20946 20947 20948 20949 20950 20951 20952 20953 20954 20955 20956 20957 20958 20959 20960 20961 20962 20963 20964 20965 20966 20967 20968 20969 20970 20971 20972 20973 20974 20975 20976 20977 20978 20979 20980 20981 20982 20983 20984 20985 20986 20987 20988 [20989] 20990 20991 20992 20993 20994 20995 20996 20997 20998 20999 21000 21001 21002 21003 21004 21005 21006 21007 21008 21009 21010 21011 21012 21013 21014 21015 21016 21017 21018 21019 21020 21021 21022 21023 21024 21025 21026 21027 21028 21029 21030 21031 21032 21033 21034 21035 21036 21037 21038 21039 ... 27117 »
  Print  
Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 21810453 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. (148 posts by 37 users deleted.)
jojo69
Legendary
*
Offline Offline

Activity: 1848
Merit: 2482


no FOMO


View Profile
August 21, 2018, 05:36:24 PM

dude

I'm not even responsible enough to have a dog
1597471176
Hero Member
*
Offline Offline

Posts: 1597471176

View Profile Personal Message (Offline)

Ignore
1597471176
Reply with quote  #2

1597471176
Report to moderator
100% First Deposit Bonus Instant Withdrawals Best Odds 10+ Sports Since 2014 No KYC Asked Play Now
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1597471176
Hero Member
*
Offline Offline

Posts: 1597471176

View Profile Personal Message (Offline)

Ignore
1597471176
Reply with quote  #2

1597471176
Report to moderator
1597471176
Hero Member
*
Offline Offline

Posts: 1597471176

View Profile Personal Message (Offline)

Ignore
1597471176
Reply with quote  #2

1597471176
Report to moderator
Anon136
Legendary
*
Offline Offline

Activity: 1666
Merit: 1211



View Profile
August 21, 2018, 05:39:20 PM
Last edit: August 21, 2018, 06:40:38 PM by Anon136

dude

I'm not even responsible enough to have a dog

Hey it's all just a choice. You may decide to be responsible some day. ¯\_(ツ)_/¯
LFC_Bitcoin
Legendary
*
Offline Offline

Activity: 2170
Merit: 3598


One of the world's leading Bitcoin-powered casinos


View Profile
August 21, 2018, 05:44:34 PM
Merited by El duderino_ (1)

myself also still whitout children BUT i do think 50k coins are there in the near future "few years to be near future...." if its faster its all good but @50K i will not liquidate all of my coins .... i think i would max sell 30% or so then see how everything goes

I JUST LIKE MY COINS TO DAMN HARD  Smiley

At $50,000 I’ll probably sell about half & live off the rest, maybe buy a bunch of real estate so there’s constant money still coming in.
 
El duderino_
Legendary
*
Offline Offline

Activity: 1148
Merit: 4004


#STAYinsideSTAYdrunk *the dude*


View Profile
August 21, 2018, 06:15:15 PM

I JUST LIKE MY COINS TO DAMN HARD  Smiley

#MeToo  Grin

thats the real HODLER spirit  Grin
gentlemand
Legendary
*
Offline Offline

Activity: 2464
Merit: 2848


Welt Am Draht


View Profile
August 21, 2018, 07:17:43 PM

http://blog.mclain.ca/buy-and-hold-31-cryptocurrencies-for-365-days-week-52/

This is the final instalment of one geezer's 52 week journey of buying and holding.

Result - just under break even.
doc12
Legendary
*
Offline Offline

Activity: 1284
Merit: 1042


View Profile
August 21, 2018, 07:34:38 PM

Shorts @ATH and 100M Tether printed, fasten your seatbelts Cool
bitebits
Legendary
*
Offline Offline

Activity: 1662
Merit: 1520


Bitcoin != exchange rate


View Profile
August 21, 2018, 07:43:49 PM
Merited by JayJuanGee (1)

I wanna see $50,000 per coin & then I’ll never have to do another single days work EVER & nor will my kids if I have any.

Pleeeeaaasssseeeeee crypto God’s, make $50,000 per coin a reality.

Alternatively you can get yourself more bitcoins so you don't have to rely on any gods.
Last of the V8s
Legendary
*
Offline Offline

Activity: 1568
Merit: 3969


Be a bank


View Profile
August 21, 2018, 08:26:48 PM

https://economics.yale.edu/sites/default/files/files/Faculty/Tsyvinski/cryptoreturns%208-7-2018.pdf
Risks and Returns of Cryptocurrency
Quote
if the investor believes Bitcoin will continue to do as well as the past seven years, she should hold about 6.1 percent share of Bitcoin in her portfolio. Even if the investor believes Bitcoin will only have half of its historical performance going forward, she should still hold about 3.1 percent share of Bitcoin in her portfolio.
+ moar good stuff + some dodgy stuff
HairyMaclairy
Legendary
*
Offline Offline

Activity: 1218
Merit: 1962


Degenerate bull hatter & Bitcoin monotheist


View Profile
August 21, 2018, 08:34:53 PM

Which bcash lol is best bcash lol?


cAPSLOCK
Legendary
*
Offline Offline

Activity: 2646
Merit: 1714


Holding my Breath


View Profile
August 21, 2018, 08:39:02 PM

Which bcash lol is best bcash lol?




I officially dub it:
ABCash

Damn... it's almost too cool to give it away.  I could charge them but it'd need to be in something real like BITCOIN, or MONERO.

On second thought... make it MONERO.  I don't want anyone to know I did this.
kurious
Legendary
*
Offline Offline

Activity: 2212
Merit: 1516



View Profile
August 21, 2018, 08:43:48 PM

https://economics.yale.edu/sites/default/files/files/Faculty/Tsyvinski/cryptoreturns%208-7-2018.pdf
Risks and Returns of Cryptocurrency
Quote
if the investor believes Bitcoin will continue to do as well as the past seven years, she should hold about 6.1 percent share of Bitcoin in her portfolio. Even if the investor believes Bitcoin will only have half of its historical performance going forward, she should still hold about 3.1 percent share of Bitcoin in her portfolio.
+ moar good stuff + some dodgy stuff

I had a friend who was a hedge fund manager, a 'macro' trader.  She was fascinated with crypto as it was an 'uncorrelated asset class' which in the investment world is a good things to find.   You don't want all a portfolio in asset classes that all respond to economic factors in the same way.  Everyone needs something in their portfolio that doesn't do what the old school investments do.

This seems to reach a similar conclusion:  Crypto is different to the old shit.  Best buy at least 'some' - it makes sense.

(Well found, Sir)
Elwar
Legendary
*
Offline Offline

Activity: 3164
Merit: 1724


Viva Ut Vivas


View Profile WWW
August 21, 2018, 08:55:56 PM

2 days until the ProShares ETF is rejected.

Not your keys. Not your bitcoins.
STT
Legendary
*
Offline Offline

Activity: 2548
Merit: 1226



View Profile WWW
August 21, 2018, 09:00:27 PM

myself also still whitout children BUT i do think 50k coins are there in the near future "few years to be near future...." if its faster its all good but @50K i will not liquidate all of my coins .... i think i would max sell 30% or so then see how everything goes

I JUST LIKE MY COINS TO DAMN HARD  Smiley

At $50,000 I’ll probably sell about half & live off the rest, maybe buy a bunch of real estate so there’s constant money still coming in.
 

Thats a good explanation of why it'll never goto 50,000 then really.   In dollar terms, maybe USD does so horribly we can see that number but in value terms the only need for 50k is via the actual utility of BTC being so high that people are willing to hold it overnight and then you have a billion doing so the price is raised inadvertently.
 
Real estate is very likely more productive for most people and many dont have much spare cash so why is the price going to 50k in that scenario.   Money is more useful in transit but long term you'd need a good reason to push it that high I think.

BTC is depressed right now because US Dollar strength is apparent.  Its nonsense of course but all this tariff and Iran sanctions and so on gives the appearance of strong dollar.   So in terms of running a constant deficit and juggling 20tn of debt this does not work out for the FED or US treasury, it is unlikely to continue as a long term dynamic.    Almost completely obvious is that inflation is always going to be above interest rates, so allowing the reduction of debt in real terms and that means weak dollar.   The free market naturally searches for an alternative to a common standard unable to hold its value, if that wasnt true we'd be in 3 figures still.  Many consider strong dollar a possibility when market consensus turns opposite it should then be far less harsh an environment overall


^lol Torque soo cynical

Torque is right, governments main purpose is to be better then the negative scenario it replaces.   By itself government is not productive, its not part of growth, theres no profit and its literally a tax upon the economy and people its sitting on.    Main thing we can hope for is governance of the military which no other entity can control except this idea of democracy and the benefit of having everyone situated like this is they accept the title of public servant and when told immediately step down which avoids the problem any country with a strong military normally has.
  Really all government does is in its distribution of power and avoidance of harm, otherwise they operate poorly and with great cost compared to any normal competitive consideration.

We need competitive capitalism and we dont have it, we got forced pricing in interest rates and politics instead of business.  For now most of that politics is related to democracy but I dont suppose we always get that. That story is pretty much the biggest global issue I can think of ongoing every year maybe for the rest of my life until it falls over.   Even if crypto disappeared and was found to be of no use, we'd still be stuck with that problem of a failed currency system with countries occasionally reverting to near barter economies and suffering great losses in growth and efficiency.
bones261
Legendary
*
Offline Offline

Activity: 1806
Merit: 1823



View Profile
August 21, 2018, 09:08:07 PM

Shorts @ATH and 100M Tether printed, fasten your seatbelts Cool

Meh, I think what is going on as of late is that traders are BTFD, when there is one down to $63xx and lower and then scalping it for modest gains of 2%-4%. Apparently, with the "invisible walls," some big fish is probably implementing this strategy. Could even blame it on Spoofy's new strategy, (if you believe in Spoofy.)
Last of the V8s
Legendary
*
Offline Offline

Activity: 1568
Merit: 3969


Be a bank


View Profile
August 21, 2018, 09:09:11 PM
Merited by JayJuanGee (1)

https://informationisbeautiful.net/visualizations/trillions-what-is-a-trillion-dollars/ for a bigger picture


not sure about some of these figures, but basically Cool
andreibi
Legendary
*
Offline Offline

Activity: 1650
Merit: 1011

Practising Hebrew before visiting Israel


View Profile WWW
August 21, 2018, 09:11:40 PM
Merited by bones261 (2), JayJuanGee (1)

2 days until the ProShares ETF is rejected.

Not your keys. Not your bitcoins.

Everyone knows it's a 95% chance of rejection. That's why shorts is at an all-time high.  And a likelihood that it does nothing to the price (being already priced in).

And then short sellers have to buy in order to close their positions, leading to a short squeeze rally.
Elwar
Legendary
*
Offline Offline

Activity: 3164
Merit: 1724


Viva Ut Vivas


View Profile WWW
August 21, 2018, 09:18:29 PM

https://informationisbeautiful.net/visualizations/trillions-what-is-a-trillion-dollars/ for a bigger picture


not sure about some of these figures, but basically Cool

$26.5 trillion in offshore money...

when Bitcoin is much easier than dealing with all of that
European Central Bank
Legendary
*
Offline Offline

Activity: 1288
Merit: 1080



View Profile
August 21, 2018, 09:31:16 PM
Merited by infofront (1), afbitcoins (1)

do the exact opposite of what CNBC reckons and guess what happens?

https://www.tradingview.com/chart/WPRBTC/X5WuyDQn-CNBC-Bitcoin-Indicator-is-pointing-to-a-massive-rally-soon/
hodl_2015
Member
**
Offline Offline

Activity: 358
Merit: 56


View Profile
August 21, 2018, 09:36:32 PM

I officially dub it:
ABCash
I propose:
abcASH
doc12
Legendary
*
Offline Offline

Activity: 1284
Merit: 1042


View Profile
August 21, 2018, 09:43:01 PM

I officially dub it:
ABCash
I propose:
abcASH


The other fork is FaketoshiCash then, or Fakecash for convenience  Cheesy
Pages: « 1 ... 20939 20940 20941 20942 20943 20944 20945 20946 20947 20948 20949 20950 20951 20952 20953 20954 20955 20956 20957 20958 20959 20960 20961 20962 20963 20964 20965 20966 20967 20968 20969 20970 20971 20972 20973 20974 20975 20976 20977 20978 20979 20980 20981 20982 20983 20984 20985 20986 20987 20988 [20989] 20990 20991 20992 20993 20994 20995 20996 20997 20998 20999 21000 21001 21002 21003 21004 21005 21006 21007 21008 21009 21010 21011 21012 21013 21014 21015 21016 21017 21018 21019 21020 21021 21022 21023 21024 21025 21026 21027 21028 21029 21030 21031 21032 21033 21034 21035 21036 21037 21038 21039 ... 27117 »
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!