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Question: Closing BTC Price June 17:
$0 - 4 (3%)
<$6,500 - 7 (5.3%)
$6,500-$6,750 - 1 (0.8%)
$6,751-$7,000 - 2 (1.5%)
$7,001-$7,250 - 3 (2.3%)
$7,251-$7,500 - 6 (4.5%)
$7,501-$7,750 - 4 (3%)
$7,751-$8,000 - 12 (9.1%)
$8,001-$8,250 - 13 (9.8%)
$8,251-$8,500 - 7 (5.3%)
$8,501-$8,750 - 6 (4.5%)
$8,751-$9,000 - 11 (8.3%)
$9,001,$9,250 - 13 (9.8%)
$9,251-$9,500 - 17 (12.9%)
>$9,500 - 17 (12.9%)
$20,000 - 9 (6.8%)
Total Voters: 132

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 21229790 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. (66 posts by 16 users deleted.)
jbreher
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May 15, 2019, 03:39:57 PM

Facebook it dominant but not a monopoly and certainly not necessarily the future. Apple has only around 16% share of the smartphone market, down from 100% at the iPhone's launch. Netflix has less customers than Amazon Prime depending on how you view the statistics and its dominance is nowhere near to inhibiting new entrants. So those companies competitors are doing quite well actually.

Bitcoin dominance hit a minimum during the last massive price spike (see below), yet its marketcap/$USD price was at a maximum. That's no accident because as money is made in alts, people profit-take into bitcoin. It's the same structure for any monetary asset market and is in fact the very definition of a "reserve asset". There were of course other factors at play such as hedging the contentious hard forks that were going on, the blocksize war and general ideological differences in priority. But such needs to hedge will always exist - periodic storms in markets are a permanent feature of economics.

How does the market respond to such conflicts ? It caters for all through diversification - same as with any commercial sector. 20 years from now, the idea that there was only ever going to be 1 blockchain asset will seem comical, a bit like Thomas Watson's statement of "I think there is a market for maybe five computers".

Non-bitcoin digital asset market share moves in sawtooth waves just like bitcoin's own fiat market. It usually declines to just below the last peak marketshare during which time much of that capital flows into bitcoin and consolidates it. Then fuelling starts again and we move through a new cycle.

Again, nothing you have stated above^^^ lends any support to your assertion belowVVV.

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There are very few natural monopolies in the world and monetary assets - digital or otherwise - are definitely not one of them. That is something so-called bitcoin maximalists should be thankful for and not moaning about because without it you'd have stagnation and ultimately death of the entire sector, including bitcoin.
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zhekinsp
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May 15, 2019, 03:41:04 PM

It's called sideways.

This is perfectly fine.
Want bitcoin to be ahead of ethereum in the next 24 hours. Smiley
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May 15, 2019, 03:47:13 PM

When did cryptopia go into liquidation?  Says today but i can find any articles

https://www.cryptopia.co.nz/
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May 15, 2019, 03:58:54 PM

It's called sideways.

This is perfectly fine.
Want bitcoin to be ahead of ethereum in the next 24 hours. Smiley
What are you on about? For the daily movement? Why though?
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May 15, 2019, 04:02:41 PM

When did cryptopia go into liquidation?  Says today but i can find any articles

https://www.cryptopia.co.nz/
That den of thieves, haven't the coins moved since the key holder "died"?
nutildah
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May 15, 2019, 04:04:48 PM

When did cryptopia go into liquidation?  Says today but i can find any articles

https://www.cryptopia.co.nz/
That den of thieves, haven't the coins moved since the key holder "died"?

Wait... Do you mean QuadrigaCX or did their CEO die too?
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May 15, 2019, 04:05:10 PM

Anonymint is meth level behavior

He was exclaiming the end of Bitcoin when I joined this forum six years ago. He's a fucking crackpot.

(Consider judgement served.)
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May 15, 2019, 04:06:56 PM

Witnessed bitcoins @ $8,049 preev ref

Good afternoon WO brothers!

When are we going to moon?
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May 15, 2019, 04:08:25 PM

I need the guy who is good at summarizing WO events 🙂
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May 15, 2019, 04:08:41 PM

When did cryptopia go into liquidation?  Says today but i can find any articles

https://www.cryptopia.co.nz/

https://cointelegraph.com/news/hacked-new-zealand-exchange-cryptopia-appoints-liquidators-trading-suspended
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May 15, 2019, 04:09:04 PM

Come on people, 'nance is about to open in 15 mins all being well



now is the time to focus

I just came


...to the realization that I might like big butts more than Bitcoin

Fuck so do I, too bad the wife isn't fond of the idea of me having a girlfriend on the side.
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May 15, 2019, 04:11:06 PM

Come on people, 'nance is about to open in 15 mins all being well



now is the time to focus

I just came


...to the realization that I might like big butts more than Bitcoin

Fuck so do I, too bad the wife isn't fond of the idea of me having a girlfriend on the side.
I am focusing 🤪
VB1001
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May 15, 2019, 04:12:29 PM

^
You need a big flashlight. Cheesy
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May 15, 2019, 04:19:54 PM

I like your comment.  Am here question i want to ship product from us and they can't accept bitcoin and confuse what to do next. After at i google and get a blog @ packageforwarding.info where many companies are mention for my package forwarding but what to do with bit coin issue ?
The fuck are you talking about, wrong thread dude.
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May 15, 2019, 04:22:35 PM

^
You need a big flashlight. Cheesy
Nah, my eyes works in special condition 🤪
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May 15, 2019, 04:23:44 PM

I like your comment.  Am here question i want to ship product from us and they can't accept bitcoin and confuse what to do next. After at i google and get a blog @ packageforwarding.info where many companies are mention for my package forwarding but what to do with bit coin issue ?
The fuck are you talking about, wrong thread dude.
LOL
I wonder how did he find this topic at the first place 😂
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May 15, 2019, 04:25:08 PM
Merited by VB1001 (1)

I like your comment.  Am here question i want to ship product from us and they can't accept bitcoin and confuse what to do next. After at i google and get a blog @ packageforwarding.info where many companies are mention for my package forwarding but what to do with bit coin issue ?
The fuck are you talking about, wrong thread dude.

This is the Butt Observer, Serious discussion is that way.

I would go to Ivory Tower and ask for help directly from Theymos if I were you.
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May 15, 2019, 04:26:30 PM

I like your comment.  Am here question i want to ship product from us and they can't accept bitcoin and confuse what to do next. After at i google and get a blog @ packageforwarding.info where many companies are mention for my package forwarding but what to do with bit coin issue ?

Send me your Bitcoin and i’ll take care of the shipment for you...
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May 15, 2019, 04:27:36 PM



This is the Butt Observer,

Someone please send some f**king merit to him please!!!

I am out 😂
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May 15, 2019, 04:27:47 PM

The expression “piss poor” comes from those who sold their urine to tanners...

Piss was also used as a source for salt peter for gunpowder.
There's a cliffhanger scene in Blood Meridian by Cormac McCarthy.  A gang of bad white dudes, out of gunpowder, is trapped on a mountaintop and being attacked by Indians.
The bad white dudes need to make gunpowder.  They piss and wait for the piss to dry in order to have saltpeter for the gunpowder.  The piss dries in time to make the gunpowder just as the indians are about to overrun the white dudes' position.
Then the white dudes blow away the injuns.


I guess it's a good thing the Red dudes waited for the white powder to dry for the White dudes. Smiley

It's stupid shit like that that will get your land taken!
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