Bitcoin Forum
August 14, 2020, 05:24:33 AM *
News: Latest Bitcoin Core release: 0.20.0 [Torrent]
 
   Home   Help Search Login Register More  
Poll
Question: How much of your corn do you plan on cashing out in the next massive bull run?
None - 27 (20%)
1-10% - 18 (13.3%)
11-20% - 15 (11.1%)
21-30% - 19 (14.1%)
31-40% - 7 (5.2%)
41-50% - 14 (10.4%)
51-60% - 9 (6.7%)
61-70% - 6 (4.4%)
71-80% - 4 (3%)
81-90% - 2 (1.5%)
91-99% - 3 (2.2%)
100% - 11 (8.1%)
Total Voters: 135

Pages: « 1 ... 21984 21985 21986 21987 21988 21989 21990 21991 21992 21993 21994 21995 21996 21997 21998 21999 22000 22001 22002 22003 22004 22005 22006 22007 22008 22009 22010 22011 22012 22013 22014 22015 22016 22017 22018 22019 22020 22021 22022 22023 22024 22025 22026 22027 22028 22029 22030 22031 22032 22033 [22034] 22035 22036 22037 22038 22039 22040 22041 22042 22043 22044 22045 22046 22047 22048 22049 22050 22051 22052 22053 22054 22055 22056 22057 22058 22059 22060 22061 22062 22063 22064 22065 22066 22067 22068 22069 22070 22071 22072 22073 22074 22075 22076 22077 22078 22079 22080 22081 22082 22083 22084 ... 27114 »
  Print  
Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 21793441 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.)
BTCMILLIONAIRE
Hero Member
*****
Offline Offline

Activity: 1358
Merit: 799



View Profile
December 18, 2018, 03:25:20 PM

The pump continues! Meanwhile on reddit:

https://www.reddit.com/r/Bitcoin/comments/a5y84e/03jan2019_bitcoin_users_on_brink_of_second/

Can somebody explain me what this guy is trying to achieve and what can be the consequences? FUD? Don't think it will be heavily supported but anyway....
The proposed action is actually significant, when seen in the context of Wall Street coming in, with bitcoin rehypothecation and all it entails.  Also fractional reserve on the exchanges... also... you get the idea.
Caitlin Long has been writing about the effects of a fork on rehypothecated bitcoins, but she wasn't the one who first realized the implications.  Trace Mayer mentioned it to her in an interview.
I think the Jan 3 "Proof of Keys" may have been Trace Mayer's idea, but I'm not sure.
The difference is that non-physical Bitcoin instruments will merely be like betting on the outcome of a horse race. They're unlikely to have a significant impact on the market as it matures.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1597382673
Hero Member
*
Offline Offline

Posts: 1597382673

View Profile Personal Message (Offline)

Ignore
1597382673
Reply with quote  #2

1597382673
Report to moderator
birr
Hero Member
*****
Offline Offline

Activity: 816
Merit: 535


View Profile
December 18, 2018, 03:28:02 PM

If Wall Street rehypothecates bitcoin and there's a fork, big boys go bankrupt.
JimboToronto
Legendary
*
Offline Offline

Activity: 2632
Merit: 1800


You're never too old to be young.


View Profile
December 18, 2018, 03:32:59 PM

An early good morning Bitcoinland.

Still holding on to most of yesterday's gains I see... currently $3601USD/$4830CAD (Bitcoinaverage).

Go Bitcoin go.

While I hopefully won't need to sell any coins until April/May, I like the option of selling at a profit from what I paid in the last month.

As it is, I'd rather roll up my spare change than sell even enough for pocket money. I'd rather be buying now but I already overspent these last few weeks and I don't expect any serious revenues until the end of January.

No regrets. I'd rather have coins in my paper wallets than bills in my leather one.

Febo
Legendary
*
Offline Offline

Activity: 2240
Merit: 1192



View Profile
December 18, 2018, 03:35:20 PM

Get ready for the January dip.


Kinda like the november pump that never came?

Statistically insignificant

There was also no January dip in 2014.
empowering
Legendary
*
Offline Offline

Activity: 966
Merit: 1044



View Profile
December 18, 2018, 03:36:05 PM

Crypto-Mystery Clues Suggest Tether Has the Billions It Promised


https://www.bloomberg.com/news/articles/2018-12-18/crypto-mystery-clues-suggest-tether-has-the-billions-it-promised

LFC_Bitcoin
Legendary
*
Offline Offline

Activity: 2170
Merit: 3597


One of the world's leading Bitcoin-powered casinos


View Profile
December 18, 2018, 03:44:55 PM

Get ready for the January dip.


Kinda like the november pump that never came?

Statistically insignificant

There was also no January dip in 2014.

Which if you’re looking for past performance as an indicator of future price movements will tell us that we won’t have a Jan dip this time.

Jan 2014 - No dump as sellers exhausted after massive price decrease after ATH
Jan 2019 - No dump as sellers exhausted after massive price decrease after ATH?
infofront
Legendary
*
Offline Offline

Activity: 2100
Merit: 2106


Shitcoin Minimalist


View Profile
December 18, 2018, 03:45:59 PM
Merited by JayJuanGee (1), Lambie Slayer (1)

If correct we should keep rising, slowly at first, but gaining speed and volume on the way out and see 6k  around Jan 12 2019. The cautious bull herd seems to be taking for granted they will get a nice long year to accumulate cheap coins like 2015 and then they can all be millionaires since they neglected to do this 4 years ago during the last great crypto winter, I dont think this will happen at all. Only 21 million(ok like 17 million) coins and its pretty pie in the sky for everyone to think they are gonna get 12 months of bargain basement prices where they can just casually collect coins for peanuts while fundamentals grow stronger by the day.

Ideal scenario (gently and slowly light up your hopium pipes for this one and take a big inhale)........

after regaining 6k in mid January, Bakt would then usher in another mini bubble to 40k followed by a quick and mild bear season testing 10k again, all before the next halving where the march to 250k starts Kiss

Ive been as bearish as the next guy. However, we should be given pause by the fact that everyone and his shoeshine boy are 100% certain that we're heading to $1,500-$2,500 and will endure 12+ months of crypto winter.
Globb0
Legendary
*
Offline Offline

Activity: 2338
Merit: 1874


Sturm und drang


View Profile
December 18, 2018, 03:47:12 PM

kurious
Legendary
*
Offline Offline

Activity: 2212
Merit: 1516



View Profile
December 18, 2018, 03:53:25 PM

Get ready for the January dip.


Kinda like the november pump that never came?

Statistically insignificant

There was also no January dip in 2014.

Yes but, it was tumbling down from the ATH:

I am pretty sure that in the last three years the annual absolute low was in January. All around two weeks in.

In 2014 and this one we had a December ATH to tumble down from.

So unless Bakkt does pick things up, maybe the few weeks post-year end will be the final spike down.  The end of the year is a taxation point, so it's perhaps an oddly diptastic month for a reason. I am not a bear, but it is why I am wary of calling the bottom yet.
infofront
Legendary
*
Offline Offline

Activity: 2100
Merit: 2106


Shitcoin Minimalist


View Profile
December 18, 2018, 03:55:48 PM

Here is an interesting opinion of Jim Rogers (which I completely disagree with, but i always like to listen to what opponents say):

https://youtu.be/tNSXWkApxU8?t=410

He basically says that if bitcoin/crypto would be successful, government can simply abolish it like England abolished scrip in the 30ies by making trading NOT in Bank of England notes (pounds) a TREASON.
Don't simply dismiss this, hopefully, wrong notion because he is an old fogie since this is Jim Rogers, again, who happens to know about commodity markets quite a bit.
He is not short, but not long either and acknowledges that he might be wrong in his skepticism.

I think that he is wrong because bitcoin provides a standard/reference point, is apolitical and not 'owned' by a particular government plus could accelerate the commerce in due course.
Being neutral would make it resistant to the moves that he described, unless there is cooperation among G20.
What do you guys think?


I think it would be more likely that the elites are hoarding all of the bitcoin for themselves. Historically, the elites have hoarded gold while shoving their worthless paper fiat down our throats. I see no reason for that to change in the age of bitcoin. Look at Jamie Dimon, George Soros, etc. publicly denouncing bitcoin, while quietly buying.

Meanwhile, the unwashed masses:
infofront
Legendary
*
Offline Offline

Activity: 2100
Merit: 2106


Shitcoin Minimalist


View Profile
December 18, 2018, 04:06:38 PM

However, my own story is that I started buying at $1,200 in late 2013

You are not doing much to discredit my notion that you and Micgoossens are the dumbest money in the thread by stating that you bought at the absolute top of the last bubble, held all the way down to $200, watched the price then rise to $20k, sold zero, then watched it crater to $3k.  Yes, you are technically still in the black...by sheer luck or random coincidence.

You don't have much room to talk. You, presumably being smart money, have watched the multiple rises and falls of bitcoin from the sidelines.
infofront
Legendary
*
Offline Offline

Activity: 2100
Merit: 2106


Shitcoin Minimalist


View Profile
December 18, 2018, 04:14:24 PM


I would dispute his take on the fungibility of bitcoin, and certain "cryptos".
infofront
Legendary
*
Offline Offline

Activity: 2100
Merit: 2106


Shitcoin Minimalist


View Profile
December 18, 2018, 04:17:33 PM

We're still at accumulation prices. Nowhere close to FOMO prices yet.

This is the time when you should recommend to people you actually care about to get into Bitcoin. Not just buy but understand it. (ie...send them a link to the white paper).

When the price shoots up and you start getting e-mails from people asking if they should get into "crypto", politely point them to some videos about the Federal Reserve, Austrian economics, etc. Then if they're still interested (knowing they get it)...then show them the white paper.



...has been on sale at Amazon for <$14. Everyone should buy a few and hand them out to nocoiners or altcoiners who show potential. It makes a good Christmas gift!
goldkingcoiner
Sr. Member
****
Offline Offline

Activity: 714
Merit: 395


Blockchain Startup Adviser


View Profile
December 18, 2018, 04:24:58 PM

We're still at accumulation prices. Nowhere close to FOMO prices yet.

This is the time when you should recommend to people you actually care about to get into Bitcoin. Not just buy but understand it. (ie...send them a link to the white paper).

When the price shoots up and you start getting e-mails from people asking if they should get into "crypto", politely point them to some videos about the Federal Reserve, Austrian economics, etc. Then if they're still interested (knowing they get it)...then show them the white paper.



...has been on sale at Amazon for <$14. Everyone should buy a few and hand them out to nocoiners or altcoiners who show potential. It makes a good Christmas gift!

Thats a good one! But whats the chance that a no-coiner is going to want to read it? Most of them are already dead set on the "bitcoin is a bubble" theme.... All I hear is tulips this, pyramid that...

I put a stop loss just below -REDACTED-. No worries boys. I got this.

Congrats. Smiley

Thank you!

EVERYONE PAY ATTENTION TO ME!

HOLY SHIT. I ACCIDENTALLY LONGED AT 80x instead of 8x AT 3237. Talk about a lucky day! Of course I noticed my mistake but by the time I could correct it, we were impaled on a fast green dildo!



 Not bad.  So the beer's on you tonight?


Maybe not tonight. I am hanging on to this long for a while like a bad gambler with an alcohol addiction. Still kind of hoping for another pumperino. Bollinger band constricting, Palms are sweaty
Knees weak, arms are heavy
Vomit on my sweater already
Mom's spaghetti

Wait, what? So you opened an 80x margin long by mistake, got the extreme luck that the price went in your favor and instead of thank the gods and close it and reopen with a more sane leverage you decide to... what? Let it go until you get rekt?
y house gone

More like: Oops, I accidentally got a house.... Well, not a house, but definitely a nice new car.
BTCMILLIONAIRE
Hero Member
*****
Offline Offline

Activity: 1358
Merit: 799



View Profile
December 18, 2018, 04:41:18 PM



Thats a good one! But whats the chance that a no-coiner is going to want to read it? Most of them are already dead set on the "bitcoin is a bubble" theme.... All I hear is tulips this, pyramid that...



Thank you!



Wait, what? So you opened an 80x margin long by mistake, got the extreme luck that the price went in your favor and instead of thank the gods and close it and reopen with a more sane leverage you decide to... what? Let it go until you get rekt?
y house gone

More like: Oops, I accidentally got a house.... Well, not a house, but definitely a nice new car.
Not if you don't close the long. Reopening with half the profits at 40x would be quite a hefty gamble, but sensible. What you're doing implies a mentality that'll lead to more losses than you're prepared to handle. I hope for you that I'm wrong and wish you all the best, but damn.
kenzawak
Hero Member
*****
Offline Offline

Activity: 658
Merit: 851



View Profile
December 18, 2018, 04:43:04 PM
Merited by JayJuanGee (1)

8 Bitcoin Achievements That Prove 2018 Was Not Entirely Crap

https://cryptobriefing.com/8-bitcoin-achievements-2018/
Quote
1. Segwit Adoption
Segregated Witness was a Bitcoin protocol upgrade that was activated in the summer of 2017. The upgrade enabled a greater number of transactions in Bitcoin blocks.

...

2. Institutional Adoption
We’ve seen players such as Fidelity Investments, Yale University, the New York Stock Exchange, and Square Inc. show interest in the space.

...


3. Lightning Adoption
Bitcoin now has almost $2 million in collateral on the network and the network has gone from 0 to 4400 nodes over the course of the last 12 months.

...

4. Hashrate Increase
The hashrate on the Bitcoin network has increased by almost 60% in 2018

...

5. Code Development
The development of Schnorr Signatures, as well as fixing and disclosing multiple critical bugs successfully, are two major steps in Bitcoin’s development.

...

6. More Unique Users
Bitcoin adoption is often measured as the number of unique addresses, and that has increased by 50% in 2018.

...

7. Shaking Competition
after the ICO craze of 2017, Bitcoin has seen its market dominance increase 16% over the course of 2018.

...

8. Lower Fees
the average fee per transaction has still fallen approximately 97%, which makes participation more user friendly for new entrants.
Bitcoinaire
Sr. Member
****
Offline Offline

Activity: 684
Merit: 431



View Profile
December 18, 2018, 04:54:27 PM
Merited by JayJuanGee (1), Lambie Slayer (1)

If correct we should keep rising, slowly at first, but gaining speed and volume on the way out and see 6k  around Jan 12 2019. The cautious bull herd seems to be taking for granted they will get a nice long year to accumulate cheap coins like 2015 and then they can all be millionaires since they neglected to do this 4 years ago during the last great crypto winter, I dont think this will happen at all. Only 21 million(ok like 17 million) coins and its pretty pie in the sky for everyone to think they are gonna get 12 months of bargain basement prices where they can just casually collect coins for peanuts while fundamentals grow stronger by the day.

Ideal scenario (gently and slowly light up your hopium pipes for this one and take a big inhale)........

after regaining 6k in mid January, Bakt would then usher in another mini bubble to 40k followed by a quick and mild bear season testing 10k again, all before the next halving where the march to 250k starts Kiss

Ive been as bearish as the next guy. However, we should be given pause by the fact that everyone and his shoeshine boy are 100% certain that we're heading to $1,500-$2,500 and will endure 12+ months of crypto winter.

I don't see a long, lull in the market either. Prices are very low already and why should we be so lucky to accumulate cheap coins for 12+ months? Call me crazy, but I see the possibility for a double bubble still occurring in 2019.
VB1001
Hero Member
*****
Offline Offline

Activity: 686
Merit: 2140


<<CypherPunkCat>>


View Profile WWW
December 18, 2018, 05:21:07 PM

Who Is Buying Crypto Right Now?



https://coinninja.com/news/who-is-buying-crypto-right-now/

I think everyone is filling the bags.
toknormal
Legendary
*
Offline Offline

Activity: 2240
Merit: 1173


View Profile
December 18, 2018, 05:31:29 PM


Here's some light "Bitcoin contrarian" relief from the sweat of the current "rally" Wink

https://davidgerard.co.uk/blockchain/2018/10/05/answers-from-the-author-for-winifred-posters-virtual-currency-course/

https://www.reddit.com/r/Buttcoin/comments/9we6ws/bitcoin_criticism_attack_of_the_50_foot/

Wekkel
Legendary
*
Offline Offline

Activity: 2576
Merit: 1269


yes


View Profile
December 18, 2018, 05:53:18 PM

... a double bubble ... occurring in 2019.

Perhaps ‘The Bubble’.....

Greatest wealth transfer ever.
Pages: « 1 ... 21984 21985 21986 21987 21988 21989 21990 21991 21992 21993 21994 21995 21996 21997 21998 21999 22000 22001 22002 22003 22004 22005 22006 22007 22008 22009 22010 22011 22012 22013 22014 22015 22016 22017 22018 22019 22020 22021 22022 22023 22024 22025 22026 22027 22028 22029 22030 22031 22032 22033 [22034] 22035 22036 22037 22038 22039 22040 22041 22042 22043 22044 22045 22046 22047 22048 22049 22050 22051 22052 22053 22054 22055 22056 22057 22058 22059 22060 22061 22062 22063 22064 22065 22066 22067 22068 22069 22070 22071 22072 22073 22074 22075 22076 22077 22078 22079 22080 22081 22082 22083 22084 ... 27114 »
  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!