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December 10, 2019, 03:31:58 PM *
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Question: Dec. 14 Closing Price:
<$6,000 - 7 (9.9%)
$6,000-$6,500 - 3 (4.2%)
$6,500-$7,000 - 5 (7%)
$7,000-$7,500 - 7 (9.9%)
$7,500-$8,000 - 17 (23.9%)
$8,000-$8,500 - 11 (15.5%)
$8,500-$9,000 - 3 (4.2%)
>$9,000 - 18 (25.4%)
Total Voters: 71

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 21455152 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. (136 posts by 30 users deleted.)
jojo69
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January 18, 2019, 06:45:37 PM
Merited by BobLawblaw (1)

"Hundreds of thousands of Lloyds, Halifax and Bank of Scotland customers were unable to make payments from their online accounts today. "

https://www.bbc.com/news/business-46925629

Ahhhh, legacy system, don't you go changin'
1575991918
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sirazimuth
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January 18, 2019, 06:55:16 PM


Confirmed.  Everyone (every single one) prepare to transition into Grin.   Grin  (<--grin)

ftfy
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January 18, 2019, 07:04:11 PM

The grin mania is out of control.

I cant remember this enthusiasm for an ALT in this BTC wall observing thread.
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January 18, 2019, 07:08:54 PM

Repost of a classic chart (source unknown):



This was drawn by a dumbass bear.

As seen in the chart, in both previous halvings BTC has pumped by at least 3x before the halving event and by at least 10x, immediately and violently, after the halving event. And this idiot is trying to tell me that the next time will be different.
infofront
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January 18, 2019, 07:13:35 PM

Repost of a classic chart (source unknown):



This was drawn by a dumbass bear.

As seen in the chart, in both previous halvings BTC has pumped by at least 3x before the halving event and by at least 10x, immediately and violently, after the halving event. And this idiot is trying to tell me that the next time will be different.

Something occurring twice doesn't make for a convincing pattern to predict future events with IMO.
HairyMaclairy
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January 18, 2019, 07:14:08 PM

The grin mania is out of control.

I cant remember this enthusiasm for an ALT in this BTC wall observing thread.

Give it a week.  Everyone will get bored and move on.
gentlemand
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January 18, 2019, 07:15:52 PM

Give it a week.  Everyone will get bored and move on.

Speak for yourself. I just named all the children I keep in my porn dungeon after it.
LFC_Bitcoin
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January 18, 2019, 07:16:41 PM

Grin.

Fucking Grin

Grin Grin Grin Grin

I’m not touching it with r0ach’s Wink
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January 18, 2019, 07:19:49 PM
Merited by JayJuanGee (1)

Repost of a classic chart (source unknown):



This was drawn by a dumbass bear.

As seen in the chart, in both previous halvings BTC has pumped by at least 3x before the halving event and by at least 10x, immediately and violently, after the halving event. And this idiot is trying to tell me that the next time will be different.

Something occurring twice doesn't make for a convincing pattern to predict future events with IMO.


Definitely not a convincing pattern, but better than ridiculously stretching some shit without any backing for it
infofront
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January 18, 2019, 07:27:10 PM
Merited by JayJuanGee (1)

Despite everyone's biggest fears that keep getting repeated ad nauseum, he flat out told people not to invest in it now seeing as how 60 coins are produced every 60 seconds and its highly experimental, unproven software that may have zero value in the future.
Some people have said that you'll need to wait like 3 years before it escapes from its inflation pit, but keep in mind that Bitcoin's inflation-rate-over-time was roughly the same in its first 4 years; such high initial inflation is why you saw people buying pizzas for 10k BTC like it was nothing. But growth, if it occurs, can overcome even pretty massive inflation.

Good point.

Grin inflation rates
Year #Yearly monetary inflation rate
136500%
2100%
350%
433%
525%
620%
717%
814%


Bitcoin Inflation Rates
Year     #bitcoins       Inflation per annum
2009     1,624,250           ∞
2010     5,020,250        209.1%
2011     8,001,400         59.4%
2012    10,733,825         34.1%
2013    12,199,725         13.7%
2014    13,671,200         12.1%
2015    15,029,525          9.9%
2016    16,075,400          7.0%

Source
HairyMaclairy
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January 18, 2019, 07:32:18 PM

Worth noting that Bitcoin inflation is currently 3.8% dropping to 1.8% in May 2020. 
BobLawblaw
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January 18, 2019, 07:33:01 PM

The grin mania is out of control.
I cant remember this enthusiasm for an ALT in this BTC wall observing thread.
Give it a week.  Everyone will get bored and move on.

I was just going to say, the only thing driving me to look into this Grin stuff, is sheer boredom at the moment with BTC price stagnation.

Wanted to play some vidya on my studio game system, but decided to head to bed to play on muh lappy instead; leave the studio system mining Happybucks.

What have we become ?!???
micgoossens
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This is fine ;D


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January 18, 2019, 07:35:49 PM

The grin mania is out of control.
I cant remember this enthusiasm for an ALT in this BTC wall observing thread.
Give it a week.  Everyone will get bored and move on.

I was just going to say, the only thing driving me to look into this Grin stuff, is sheer boredom at the moment with BTC price stagnation.

Wanted to play some vidya on my studio game system, but decided to head to bed to play on muh lappy instead; leave the studio system mining Happybucks.

What have we become ?!???

cryptoslaves ?
RayX12
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January 18, 2019, 07:39:34 PM

gr........  Smiley is just another ploy to dump BTC into the next level of support.
Nothing but manipulation at every step.
... ohhh the tech is so and so.. 
sirazimuth
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January 18, 2019, 07:40:19 PM

The grin mania is out of control.

I cant remember this enthusiasm for an ALT in this BTC wall observing thread.

Give it a week.  Everyone will get bored and move on.

everyone in the know probably thinks/thought that (me included) about every coin launch  

...including bitcoin I might add.... (and 99.99% of time they are right)
goldkingcoiner
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January 18, 2019, 07:42:32 PM

infofront
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January 18, 2019, 07:48:00 PM

Worth noting that Bitcoin inflation is currently 3.8% dropping to 1.8% in May 2020. 

Right. That's the other reason I think people are overblowing the effects of the halvenings going forward. The inflation rate is already getting fairly low.
OTOH even with decreasing inflation, the downward price pressure caused by miner selling keeps increasing in terms of fiat, due to the increasing price of BTC.

Quote
2019    18,100,400          3.9%  (estimate) 
2020    18,575,200          2.6%  (estimate, halvening)
2021    18,912,700          1.8%  (estimate)
2022    19,250,200          1.8%  (estimate)
2023    19,587,700          1.8%  (estimate)
2024    19,806,350          1.1%  (estimate, halvening)
2025    19,975,100          0.9%  (estimate)
2026    20,143,850          0.8%  (estimate)
2026    20,312,600          0.8%  (estimate)
infofront
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January 18, 2019, 07:51:07 PM

The grin mania is out of control.
I cant remember this enthusiasm for an ALT in this BTC wall observing thread.
Give it a week.  Everyone will get bored and move on.

I was just going to say, the only thing driving me to look into this Grin stuff, is sheer boredom at the moment with BTC price stagnation.

Wanted to play some vidya on my studio game system, but decided to head to bed to play on muh lappy instead; leave the studio system mining Happybucks.

What have we become ?!???

What do you like to play Bob?
jojo69
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January 18, 2019, 07:51:10 PM


What have we become ?!???

PoolMinor
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January 18, 2019, 08:01:51 PM

Most of the talk about Grin is people talking about Theymos talking about Grin.

Despite everyone's biggest fears that keep getting repeated ad nauseum, he flat out told people not to invest in it now seeing as how 60 coins are produced every 60 seconds and its highly experimental, unproven software that may have zero value in the future.

Now I've done it too
Talked about Theymos and Grin
And that's my Haiku

Reminds me of the CENT scam experiment. POW/POS gave 1000% every 9 days. https://bitcointalk.org/index.php?topic=269145.0

1,000,000,000 total Proof of Work coins, no halving, no special blocks. No limit on coin production.
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