Bitcoin Forum
May 23, 2019, 04:11:01 AM *
News: Latest Bitcoin Core release: 0.18.0 [Torrent] (New!)
 
   Home   Help Search Login Register More  
Poll
Question: What year will we achieve a new ATH?
2019 - 35 (28%)
2020 - 50 (40%)
2021 - 30 (24%)
2022 - 5 (4%)
2023 - 1 (0.8%)
Never - 4 (3.2%)
Total Voters: 125

Pages: « 1 ... 22201 22202 22203 22204 22205 22206 22207 22208 22209 22210 22211 22212 22213 22214 22215 22216 22217 22218 22219 22220 22221 22222 22223 22224 22225 22226 22227 22228 22229 22230 22231 22232 22233 22234 22235 22236 22237 22238 22239 22240 22241 22242 22243 22244 22245 22246 22247 22248 22249 22250 [22251] 22252 22253 22254 22255 22256 22257 22258 22259 22260 22261 22262 22263 22264 22265 22266 22267 22268 22269 22270 22271 22272 22273 22274 22275 22276 22277 22278 22279 22280 22281 22282 22283 22284 22285 22286 22287 22288 22289 22290 22291 22292 22293 22294 22295 22296 22297 22298 22299 22300 22301 ... 23931 »
  Print  
Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 21174402 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. (24 posts by 13 users deleted.)
Last of the V8s
Legendary
*
Offline Offline

Activity: 1148
Merit: 2132


Be a bank.


View Profile
December 28, 2018, 05:20:30 PM

bitcoin represents capital now, safe and secure
bitcoin sucks up all the capital it can find over the next few years
bolivares
pounds sterling lol
dollars
equities
bonds
pork bellies and metals
houses
commercial real estate
then we find the top, at a 1000x? a millionx?
the world divided into 21 million coins



I understand this argument (to a degree), but I am not sure what would be the impetus for such a transition?
5-10 years: I cannot see it providing that there is no massive debt default.
50-100 years: maybe, if the path is right.

can we settle on somewhen in between?
the impetus comes from increasing scarcity of coin and increasing awareness of that emission schedule
1558584661
Hero Member
*
Offline Offline

Posts: 1558584661

View Profile Personal Message (Offline)

Ignore
1558584661
Reply with quote  #2

1558584661
Report to moderator
1558584661
Hero Member
*
Offline Offline

Posts: 1558584661

View Profile Personal Message (Offline)

Ignore
1558584661
Reply with quote  #2

1558584661
Report to moderator
1558584661
Hero Member
*
Offline Offline

Posts: 1558584661

View Profile Personal Message (Offline)

Ignore
1558584661
Reply with quote  #2

1558584661
Report to moderator
PLAY OVER 3000 GAMES
LIGHTNING FAST WITHDRAWALS
PLAY NOW
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1558584661
Hero Member
*
Offline Offline

Posts: 1558584661

View Profile Personal Message (Offline)

Ignore
1558584661
Reply with quote  #2

1558584661
Report to moderator
1558584661
Hero Member
*
Offline Offline

Posts: 1558584661

View Profile Personal Message (Offline)

Ignore
1558584661
Reply with quote  #2

1558584661
Report to moderator
jojo69
Legendary
*
Offline Offline

Activity: 1400
Merit: 1745


no FOMO


View Profile
December 28, 2018, 05:26:13 PM


wrap

criptix
Legendary
*
Offline Offline

Activity: 1904
Merit: 1067


View Profile
December 28, 2018, 05:27:34 PM

Watching the silver price slowly fall back to $6 over the next decade will be even worse.

From a TA point of view, $10 looks like a very strong support and potential bounce. But, r0ach is always talking about costs of production and oil as the main factor. Oil price is gonna dump really hard over the next couple of decades. As much as electrical cars increase their market share the more affected will be the demand of oil. Main demand right now is coming from cars all over the world. Another interesting side effect is that long distance flights will become even cheaper.

I'm sorry.

Where do you think all this electricity is going to come from?

While there will certainly be plenty of volatility in the energy sector, even "dumps", broadly speaking oil will never, ever, be cheaper in real terms.

Even serious industry paid annalists acknowledge that we are past peak EROI, and there is simply no replacement for the energy density of fossil fuels.

Fusion!
Biodom
Legendary
*
Offline Offline

Activity: 1960
Merit: 1210



View Profile
December 28, 2018, 05:30:02 PM
Last edit: December 28, 2018, 05:41:12 PM by Biodom

Coinbase released some new account rules.
https://www.coinbase.com/legal/user_agreement?locale=en-US

Pledges not to hypothecate customers' btc.
Anybody noticed something new/important?
kenzawak
Hero Member
*****
Offline Offline

Activity: 602
Merit: 735



View Profile WWW
December 28, 2018, 05:38:36 PM
Merited by VB1001 (1)

Good article, I would like to read the original of WSJ Wink

WSJ: Bitcoin Trading at Strong Correlation with Gold as Traditional Investors Step In

https://cointelegraph.com/news/wsj-bitcoin-trading-at-strong-correlation-with-gold-as-traditional-investors-step-in?

There you go :

https://outline.com/LmstEG

Full article, for free.
jojo69
Legendary
*
Offline Offline

Activity: 1400
Merit: 1745


no FOMO


View Profile
December 28, 2018, 05:45:18 PM


Fusion!

no roads where we're going Marty

Paashaas
Legendary
*
Offline Offline

Activity: 1890
Merit: 1329



View Profile
December 28, 2018, 05:48:40 PM

Bitcoin Cash Block Sizes Average Less Than 100 KB, Defeating The Point Of Its Creation  Kiss

https://cryptoiq.co/bitcoin-cash-block-sizes-average-less-than-100-kb-defeating-the-point-of-its-creation/
VB1001
Full Member
***
Offline Offline

Activity: 238
Merit: 536


"Four Wheel Drive"


View Profile
December 28, 2018, 05:58:34 PM

Today the green dildo again coincides with the closing of futures. Roll Eyes
d_eddie
Hero Member
*****
Offline Offline

Activity: 700
Merit: 576



View Profile
December 28, 2018, 06:10:26 PM

Need to see it get a bit bigger on the daily
kenzawak
Hero Member
*****
Offline Offline

Activity: 602
Merit: 735



View Profile WWW
December 28, 2018, 06:12:24 PM

CME Futures closing today.
Reminder, prices tend to go crazy (up or down) in the hours surrounding expirations.

Torque
Legendary
*
Offline Offline

Activity: 1792
Merit: 1486



View Profile
December 28, 2018, 06:17:54 PM

BTCMILLIONAIRE
Hero Member
*****
Offline Offline

Activity: 1190
Merit: 763



View Profile
December 28, 2018, 06:40:35 PM



I would say that quote is bollocks.

How many people across the world own a piece of gold jewellery or a gold coin?

Gold is far more decentralised than bitcoin (mining and coin distribution is far from decentralised)
The quote is talking about potentials. You are talking about what "is". Gold has a history spanning millennia. Hence your argument doesn't make sense until at least an isomorphically equal amount of time has passed during which Bitcoin could have distributed. That amount of time will be lower than for gold due to the amount of people alive now vs the amount of people alive in the past as well as developments in infrastructure (hence isomorphic).

But as is it doesn't make sense to compare the level of current decentralization of gold vs Bitcoin.
kenzawak
Hero Member
*****
Offline Offline

Activity: 602
Merit: 735



View Profile WWW
December 28, 2018, 06:47:24 PM

The year in numbers :

https://breakermag.com/its-not-all-about-price-cryptos-year-in-numbers/
DeathAngel
Legendary
*
Offline Offline

Activity: 1288
Merit: 1070


View Profile
December 28, 2018, 06:48:34 PM
Merited by JayJuanGee (1)

Would be good to break $4,000 again & consolidate there. $3000’s seem very low & surely whales are accumulating here. These are cheap coins if you have lots of spare fiat.
kingcolex
Legendary
*
Offline Offline

Activity: 1848
Merit: 1131


Anonymous bitcoin mixer


View Profile
December 28, 2018, 06:55:35 PM

Yay! The shorts are having a rektoning
micgoossens
Hero Member
*****
Offline Offline

Activity: 700
Merit: 2003


Be safe, Elwar and Nadia !!


View Profile
December 28, 2018, 07:32:12 PM

Spike Spike spiiiiiiike it UP
BTCMILLIONAIRE
Hero Member
*****
Offline Offline

Activity: 1190
Merit: 763



View Profile
December 28, 2018, 07:38:36 PM

Watching the silver price slowly fall back to $6 over the next decade will be even worse.

From a TA point of view, $10 looks like a very strong support and potential bounce. But, r0ach is always talking about costs of production and oil as the main factor. Oil price is gonna dump really hard over the next couple of decades. As much as electrical cars increase their market share the more affected will be the demand of oil. Main demand right now is coming from cars all over the world. Another interesting side effect is that long distance flights will become even cheaper.

I'm sorry.

Where do you think all this electricity is going to come from?

While there will certainly be plenty of volatility in the energy sector, even "dumps", broadly speaking oil will never, ever, be cheaper in real terms.

Even serious industry paid annalists acknowledge that we are past peak EROI, and there is simply no replacement for the energy density of fossil fuels.
Does that analysis factor in fusion eventually becoming economically viable or not?
byebyehi
Jr. Member
*
Offline Offline

Activity: 90
Merit: 1


View Profile
December 28, 2018, 07:55:09 PM

Bitcoin Cash Block Sizes Average Less Than 100 KB, Defeating The Point Of Its Creation  Kiss

https://cryptoiq.co/bitcoin-cash-block-sizes-average-less-than-100-kb-defeating-the-point-of-its-creation/

Don't be stupid , its planned for the future.  BCH has only been around for about a year.
Toxic2040
Hero Member
*****
Offline Offline

Activity: 616
Merit: 915



View Profile
December 28, 2018, 07:57:06 PM
Merited by bones261 (1)

Well hello you..

Bounced hard off resistance at the $4.1k level. The consolidation at the mid point of the previous rally might indicate an attempt to climb another rung in the ladder upwards.
1h


4h



In the longer term things look fairly exciting. My most pessimistic projections indicate bitcoin should at least double in fiat price over the next 12 months or so. Remember, remember the 5th of November.
W

#stronghands2019
bitserve
Hero Member
*****
Offline Offline

Activity: 840
Merit: 728


HODL.


View Profile
December 28, 2018, 08:10:22 PM
Merited by vapourminer (1)

Watching the silver price slowly fall back to $6 over the next decade will be even worse.

From a TA point of view, $10 looks like a very strong support and potential bounce. But, r0ach is always talking about costs of production and oil as the main factor. Oil price is gonna dump really hard over the next couple of decades. As much as electrical cars increase their market share the more affected will be the demand of oil. Main demand right now is coming from cars all over the world. Another interesting side effect is that long distance flights will become even cheaper.

I'm sorry.

Where do you think all this electricity is going to come from?

While there will certainly be plenty of volatility in the energy sector, even "dumps", broadly speaking oil will never, ever, be cheaper in real terms.

Even serious industry paid annalists acknowledge that we are past peak EROI, and there is simply no replacement for the energy density of fossil fuels.

Well, I may be wrong, but this is the reasoning behind my thinking/prediction:

Yes, energy density of fossil fuels is the best and that is why it was so hard to replace for "mobile machines". Flights don't have any substitute for that very same reason. But flights are not the main demand of oil, cars are.

Everything points out that we will see an increase in market share of electric cars during the next next years/decades. I don't think it is unreasonable that half the cars would be electric in two decades.

That would mean a huge decrease in demand for oil.

Where do the electricity came from to power all those cars? Well, I also expect an increase of the alternate power sources now that ie photoelectric has become positive ROI.
Also nuclear is still rocking and with the new better and safer designs maybe they would start building much more new ones if the need arise? Not sure about that one to be honest.

Also it doesn't really need for something as huge as a halving of oil dependance from cars to affect the price hard. Since many decades to now that demand has been increasing yet the price has remained more or less constant (hugely volatile though) or even decreased. When it not only stops growing (the demand) but decrease significantly I would guess it's impact on price would be multiplied.

Also, oil producers seeing that in the future the demand would keep decreasing would be more eager to monetise their reserves faster than others. Again, with the effect of lowering price.

As I said, I might be wrong, but that is my reasoning and makes sense to me.

P.S.: Yeah, I haven't included fusion because it has been so long they said it was near that I don't believe it anymore.
Pages: « 1 ... 22201 22202 22203 22204 22205 22206 22207 22208 22209 22210 22211 22212 22213 22214 22215 22216 22217 22218 22219 22220 22221 22222 22223 22224 22225 22226 22227 22228 22229 22230 22231 22232 22233 22234 22235 22236 22237 22238 22239 22240 22241 22242 22243 22244 22245 22246 22247 22248 22249 22250 [22251] 22252 22253 22254 22255 22256 22257 22258 22259 22260 22261 22262 22263 22264 22265 22266 22267 22268 22269 22270 22271 22272 22273 22274 22275 22276 22277 22278 22279 22280 22281 22282 22283 22284 22285 22286 22287 22288 22289 22290 22291 22292 22293 22294 22295 22296 22297 22298 22299 22300 22301 ... 23931 »
  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!