Wall Observer BTC/USD - Bitcoin price movement tracking & discussion

[ShroomsKit]

https://twitter.com/barrysilbert/status/447836584554266624

^ If this was bullish news the price would've gone up before the news became public.

Tweets are not news.  They are rumors.

Agree ... and we should not just follow every rumor that we hear ... or read..  

As for now... price is upredictable as it was before

Sure, but with any slightly negative rumour people dump like crazy.

[1714948868]

1714948868

[JayJuanGee]

https://twitter.com/barrysilbert/status/447836584554266624

^ If this was bullish news the price would've gone up before the news became public.

Tweets are not news.  They are rumors.

Agree ... and we should not just follow every rumor that we hear ... or read..  

As for now... price is upredictable as it was before

When I saw Coinbase was hovering around $557, I thought, oh shit, it is getting down close to my next BTC buy-in price (which is currently meant  to be below $550 - b/c the last time I bought was at $584).  So I was playing around with typing in random quantities of BTC to their site just to allow the BTC prices to reload, and then the box flashed $551; however, my desired quantity of BTC was NOT ready to go or I would have clicked buy.  Then i corrected the proper quantity, and the price reverted to $558.27...  so I did NOT buy.

Sometimes, I would just like to get it over with and to just buy.. so that I do NOT have to think about these kinds of matters anymore , until the price drops to my next buy-in point (which would probably be around $529 - depending upon how long it takes to get there... seems doubtful, though... )... And so sometimes I will buy at a few extra dollars per BTC, just to get the purchase out of the way.

I have found the price on Bitstamp to usually be a few dollars above Coinbase, yet, generally, Coinbase's price does NOT fluctuate as widely as Bitstamp.  I complained to them once about this and accused them of arbitrage.. something like that.... Anyhow,  every once in a while when BTC price is very eradic, then Coinbase will be less than Bitstamp... Go figure!!!

 It would be NICE if Coinbase would allow for the placement of ORDERs, but I suppose that may cause additional technical difficulties for their set-up.

Ok.. so now the Coinbase price is hovering between $552 and $556 while the Bitstamp's hovering between $552 and $548... Seems like, if I were to wait it out, we are going to get down to $549 on Coinbase.. Not sure if I can wait that long... .  My frequent problem, however, is as soon as I click buy, then the price really starts to go down and then I am kicking myself for NOT waiting it out a little longer... Can never tell for sure.. how low will she go??? limbo...land... ?

[BitChick]

https://twitter.com/barrysilbert/status/447836584554266624

^ If this was bullish news the price would've gone up before the news became public.

Tweets are not news.  They are rumors.

Agree ... and we should not just follow every rumor that we hear ... or read..  

As for now... price is upredictable as it was before

When I saw Coinbase was hovering around $557, I thought, oh shit, it is getting down close to my next BTC buy-in price (which is currently meant  to be below $550 - b/c the last time I bought was at $584).  So I was playing around with typing in random quantities of BTC to their site just to allow the BTC prices to reload, and then the box flashed $551; however, my desired quantity of BTC was NOT ready to go or I would have clicked buy.  Then i corrected the proper quantity, and the price reverted to $558.27...  so I did NOT buy.

Sometimes, I would just like to get it over with and to just buy.. so that I do NOT have to think about these kinds of matters anymore , until the price drops to my next buy-in point (which would probably be around $529 - depending upon how long it takes to get there... seems doubtful, though... )... And so sometimes I will buy at a few extra dollars per BTC, just to get the purchase out of the way.

I have found the price on Bitstamp to usually be a few dollars above Coinbase, yet, generally, Coinbase's price does NOT fluctuate as widely as Bitstamp.  I complained to them once about this and accused them of arbitrage.. something like that.... Anyhow,  every once in a while when BTC price is very eradic, then Coinbase will be less than Bitstamp... Go figure!!!

 It would be NICE if Coinbase would allow for the placement of ORDERs, but I suppose that may cause additional technical difficulties for their set-up.

Ok.. so now the Coinbase price is hovering between $552 and $556 while the Bitstamp's hovering between $552 and $548... Seems like, if I were to wait it out, we are going to get down to $549 on Coinbase.. Not sure if I can wait that long... .  My frequent problem, however, is as soon as I click buy, then the price really starts to go down and then I am kicking myself for NOT waiting it out a little longer... Can never tell for sure.. how low will she go??? limbo...land... ?

Will it matter if you bought at $549 or $552 when the price gets to $1000 or more? 

I know for day-traders it can make a difference but for holders it really is not that big of a deal.

I think now is a great time to buy BTW and I just threw some money in for the first time in several weeks.   

[adamstgBit]

https://twitter.com/barrysilbert/status/447836584554266624

^ If this was bullish news the price would've gone up before the news became public.

Tweets are not news.  They are rumors.

Agree ... and we should not just follow every rumor that we hear ... or read..  

As for now... price is upredictable as it was before

When I saw Coinbase was hovering around $557, I thought, oh shit, it is getting down close to my next BTC buy-in price (which is currently meant  to be below $550 - b/c the last time I bought was at $584).  So I was playing around with typing in random quantities of BTC to their site just to allow the BTC prices to reload, and then the box flashed $551; however, my desired quantity of BTC was NOT ready to go or I would have clicked buy.  Then i corrected the proper quantity, and the price reverted to $558.27...  so I did NOT buy.

Sometimes, I would just like to get it over with and to just buy.. so that I do NOT have to think about these kinds of matters anymore , until the price drops to my next buy-in point (which would probably be around $529 - depending upon how long it takes to get there... seems doubtful, though... )... And so sometimes I will buy at a few extra dollars per BTC, just to get the purchase out of the way.

I have found the price on Bitstamp to usually be a few dollars above Coinbase, yet, generally, Coinbase's price does NOT fluctuate as widely as Bitstamp.  I complained to them once about this and accused them of arbitrage.. something like that.... Anyhow,  every once in a while when BTC price is very eradic, then Coinbase will be less than Bitstamp... Go figure!!!

 It would be NICE if Coinbase would allow for the placement of ORDERs, but I suppose that may cause additional technical difficulties for their set-up.

Ok.. so now the Coinbase price is hovering between $552 and $556 while the Bitstamp's hovering between $552 and $548... Seems like, if I were to wait it out, we are going to get down to $549 on Coinbase.. Not sure if I can wait that long... .  My frequent problem, however, is as soon as I click buy, then the price really starts to go down and then I am kicking myself for NOT waiting it out a little longer... Can never tell for sure.. how low will she go??? limbo...land... ?

Will it matter if you bought at $549 or $552 when the price gets to $1000 or more?  

I know for day-traders it can make a difference but for holders it really is not that big of a deal.

I think now is a great time to buy BTW and I just threw some money in for the first time in several weeks.

BitChick is right, BitChick is always right...  

[BitChick]

https://twitter.com/barrysilbert/status/447836584554266624

^ If this was bullish news the price would've gone up before the news became public.

Tweets are not news.  They are rumors.

Agree ... and we should not just follow every rumor that we hear ... or read..  

As for now... price is upredictable as it was before

When I saw Coinbase was hovering around $557, I thought, oh shit, it is getting down close to my next BTC buy-in price (which is currently meant  to be below $550 - b/c the last time I bought was at $584).  So I was playing around with typing in random quantities of BTC to their site just to allow the BTC prices to reload, and then the box flashed $551; however, my desired quantity of BTC was NOT ready to go or I would have clicked buy.  Then i corrected the proper quantity, and the price reverted to $558.27...  so I did NOT buy.

Sometimes, I would just like to get it over with and to just buy.. so that I do NOT have to think about these kinds of matters anymore , until the price drops to my next buy-in point (which would probably be around $529 - depending upon how long it takes to get there... seems doubtful, though... )... And so sometimes I will buy at a few extra dollars per BTC, just to get the purchase out of the way.

I have found the price on Bitstamp to usually be a few dollars above Coinbase, yet, generally, Coinbase's price does NOT fluctuate as widely as Bitstamp.  I complained to them once about this and accused them of arbitrage.. something like that.... Anyhow,  every once in a while when BTC price is very eradic, then Coinbase will be less than Bitstamp... Go figure!!!

 It would be NICE if Coinbase would allow for the placement of ORDERs, but I suppose that may cause additional technical difficulties for their set-up.

Ok.. so now the Coinbase price is hovering between $552 and $556 while the Bitstamp's hovering between $552 and $548... Seems like, if I were to wait it out, we are going to get down to $549 on Coinbase.. Not sure if I can wait that long... .  My frequent problem, however, is as soon as I click buy, then the price really starts to go down and then I am kicking myself for NOT waiting it out a little longer... Can never tell for sure.. how low will she go??? limbo...land... ?

Will it matter if you bought at $549 or $552 when the price gets to $1000 or more? 

I know for day-traders it can make a difference but for holders it really is not that big of a deal.

I think now is a great time to buy BTW and I just threw some money in for the first time in several weeks.

BitChick is right, BitChick is always right...  

I saw this comment then quickly checked who posted it. I was hoping it was "BitChicksHusband."  That was wishful thinking though! 

I can't say I am "always right."  What I can say is that I have been trying to learn from my mistakes.  NOT buying as much as possible last Summer when it was a bit depressing when the price was not really moving and was stuck around $100 was a bad decision.   I have learned when it feels the most stagnant and even a bit depressing is the BEST time to throw money in.

[adamstgBit]

https://twitter.com/barrysilbert/status/447836584554266624

^ If this was bullish news the price would've gone up before the news became public.

Tweets are not news.  They are rumors.

Agree ... and we should not just follow every rumor that we hear ... or read..  

As for now... price is upredictable as it was before

When I saw Coinbase was hovering around $557, I thought, oh shit, it is getting down close to my next BTC buy-in price (which is currently meant  to be below $550 - b/c the last time I bought was at $584).  So I was playing around with typing in random quantities of BTC to their site just to allow the BTC prices to reload, and then the box flashed $551; however, my desired quantity of BTC was NOT ready to go or I would have clicked buy.  Then i corrected the proper quantity, and the price reverted to $558.27...  so I did NOT buy.

Sometimes, I would just like to get it over with and to just buy.. so that I do NOT have to think about these kinds of matters anymore , until the price drops to my next buy-in point (which would probably be around $529 - depending upon how long it takes to get there... seems doubtful, though... )... And so sometimes I will buy at a few extra dollars per BTC, just to get the purchase out of the way.

I have found the price on Bitstamp to usually be a few dollars above Coinbase, yet, generally, Coinbase's price does NOT fluctuate as widely as Bitstamp.  I complained to them once about this and accused them of arbitrage.. something like that.... Anyhow,  every once in a while when BTC price is very eradic, then Coinbase will be less than Bitstamp... Go figure!!!

 It would be NICE if Coinbase would allow for the placement of ORDERs, but I suppose that may cause additional technical difficulties for their set-up.

Ok.. so now the Coinbase price is hovering between $552 and $556 while the Bitstamp's hovering between $552 and $548... Seems like, if I were to wait it out, we are going to get down to $549 on Coinbase.. Not sure if I can wait that long... .  My frequent problem, however, is as soon as I click buy, then the price really starts to go down and then I am kicking myself for NOT waiting it out a little longer... Can never tell for sure.. how low will she go??? limbo...land... ?

Will it matter if you bought at $549 or $552 when the price gets to $1000 or more?  

I know for day-traders it can make a difference but for holders it really is not that big of a deal.

I think now is a great time to buy BTW and I just threw some money in for the first time in several weeks.

BitChick is right, BitChick is always right...  

but i'd say buy in at 500 600 700 even 1005/coin!! wont make much deference in 20years when bitcoin is processing a health % of world GDP and growing,

 i'm sure its gonna happen  if not bitcoin it will be another Bitcoin tech currency.

I truly believe bitcoin will be the best performing asset this year next year and ever other year after that till it completely takes over!

like what did you think was gana happen USD Fiat, Dirty Fiat was gana win out of Crypto in the long hule WWWWWWWWAAAAAAAAATTT lol no DUded Crtopto Vs Fiat is no centest!

in the long haul.



my father inlaw wants to invest a few $ and he asking me about the alts that ive been taking about.... and i tell him ya alts a gr8 but, its not doge coin thats being appected by all the mecahes its not LTC thats gana IPO on wall street its bitcoin! invest in bitcoin...


1BTC = 100,000,000 satoshi's ITS BETTER THEN DOGE COINS!  

ya for the long haul you wana be holding a shit tone of Bits not coins...  

[JorgeStolfi]

Daily volumes of BTC trade to/from USD and other national currencies (in kBTC):

                    !    Sat !   Sun !    Mon !    Tue !    Wed !    Thu !    Fri !    Sat !   Sun !
EXCHANGE            !  03/15 ! 03/16 !  03/17 !  03/18 !  03/19 !  03/20 !  03/21 !  03/22 ! 03/23 ! Currencies considered

BSTP Bitstamp       |   2.20 |  3.30 |   9.17 |  14.91 |   7.08 |  10.91 |  22.42 |  13.61 |  6.10 | USD(w,c)
BFNX Bitfinex       |   1.74 |  1.90 |   3.76 |   7.74 |   3.44 |   8.10 |  19.20 |   6.73 |  4.83 | USD(w,c)
LAKE LakeBTC        |   3.10 |  3.30 |   3.05 |   3.19 |   3.24 |   4.17 |   3.57 |   3.70 |  4.01 | USD(c)
BTCE BTC-e          |   2.55 |  2.62 |   3.90 |   7.91 |   5.48 |   7.85 |  10.43 |   4.14 |  2.43 | EUR,RUR,USD(w)(1)
ANEX AsiaNexgen     |   0.37 |  0.93 |   1.02 |   1.00 |   0.88 |   0.67 |   0.87 |   0.39 |  0.52 | HKD(c)
LBTC LocalBitcoins  |   0.52 |  0.32 |   1.08 |   0.99 |   1.08 |   0.89 |   0.89 |   0.51 |  0.36 | (c)(3)
KRAK Kraken         |   0.35 |  0.16 |   0.48 |   0.86 |   0.58 |   0.74 |   1.12 |   0.75 |  0.29 | EUR,USD(c)(2)
BTDE Bitcoin.DE     |   0.12 |  0.12 |   0.40 |   0.42 |   0.35 |   0.38 |   0.42 |   0.39 |  0.18 | EUR(w,c)
VWOX VirWox         |   0.10 |  0.10 |   0.14 |   0.14 |   0.14 |   0.11 |   0.13 |   0.12 |  0.15 | SLL(c)
CVIX CaVirtEx       |   0.06 |  0.06 |   0.10 |   0.10 |   0.13 |   0.40 |   0.14 |   0.12 |  0.08 | CAD(w,c)
BCUX Bitcurex       |    .   |   .   |    .   |   0.32 |   0.15 |   0.41 |   0.18 |   0.16 |  0.07 | PLN(c)
CPBX CampBX         |   0.03 |  0.02 |   0.07 |   0.32 |   0.06 |   0.72 |   0.07 |   0.07 |  0.05 | USD(w,c)
BCTR BitcoinCentral |   0.03 |  0.01 |   0.07 |   0.10 |   0.06 |   0.08 |   0.12 |   0.06 |  0.02 | EUR(c)
BSCZ BitStock.CZ    |    .   |   .   |   0.01 |   0.01 |    .   |   0.01 |    .   |    .   |   .   | CZK(c)

SUBTOTAL            |  11.17 | 12.84 |  23.25 |  38.01 |  22.67 |  35.44 |  59.56 |  30.75 | 19.09 |

OKCO OKCoin         |  55.40 | 40.00 |  59.00 |  82.70 |  95.00 |  58.30 | 190.00 |  79.10 | 35.90 | CNY(w)
HUBI Huobi          |  36.50 | 27.00 |  63.80 |  84.10 |  62.40 |  48.10 | 154.00 |  53.60 | 18.00 | CNY(w)
BTCC BTC-China      |   1.13 |  1.51 |   2.74 |   3.70 |   3.79 |   2.85 |   9.79 |   3.06 |  1.57 | CNY(w,c)
BTER Bter           |   0.35 |  0.28 |   0.34 |   0.27 |   0.35 |   0.36 |   0.66 |   0.32 |  0.28 | CNY(w)

SUBTOTAL            |  93.38 | 68.79 | 125.88 | 170.77 | 161.54 | 109.61 | 354.45 | 136.08 | 55.75 |

TOTAL               | 104.55 | 81.63 | 149.13 | 208.78 | 184.21 | 145.05 | 414.01 | 166.83 | 74.84 |


NOTES:

(1) The USD volumes for BTC-e obtained from Bitcoincharts are consistently smaller than those obtained through Bitcoinwisdom. Using the latter.
(2) Bitcoinwisdom lists only BTC/EUR for Kraken, not BTC/USD.
(3) Bitcoincharts lists Localbitcoins with many currencies, most of which appear to have negligible volume.  This line counts only AUD,BRL,CAD,CZK,DKK,EUR,GBP,USD.

All numbers were collected by hand or copy-paste from the sites http://bitcoinwisdom.com (w) and http://bitcoincharts.com (c). Beware of possible errors.

For each exchange, the numbers include only the trade volume to/from the currencies listed in the rightmost column. Trade between BTC and other cryptocoins, such as LiteCoin, is NOT included.

Dates on the header line are UTC. Specifically, "01/15" means "from 01/15 00:00:00 UTC to 01/15 23:59:59 UTC". (Beware that the same period may span part of day 01/14 or part of day 01/16 in your local time zone.)

WARNING: There are at least five additional large exchanges in China that are not on this table because they are not covered by Bitcoinwisdom: FxBTC, ChBTC, BTCTrade, BTC100, and BTC38.  Together they may have as much volume as Huobi or OKCoin.

[ShroomsKit]

https://twitter.com/barrysilbert/status/447836584554266624

^ If this was bullish news the price would've gone up before the news became public.

Tweets are not news.  They are rumors.

Agree ... and we should not just follow every rumor that we hear ... or read..  

As for now... price is upredictable as it was before

And the price seems very predictable. It has been going down for months.

[adamstgBit]

ive been drinking! and feeling lucky 

Bitcoin!

the best Crypto on planet earth

 



















Crypto Vs Fiat



https://www.youtube.com/watch?v=5pV9ptoCMyc

[ur=lhttps://www.youtube.com/watch?v=5pV9ptoCMyc]Click iT[/url] [/size]

[JorgeStolfi]

I have added a few more exchanges to my daily volume table:  LakeBTC, AsiaNexgen, LocalBitcoins, VirWox, Bitcurex, BitcoinCentral, and BitStock.CZ.  These were the ones available through bitcoincharts.com that seemed to have significant volume.  Only  LakeBTC (with ~3.5 kBTC/day typical) is in the "major league", competing with Bitstamp, BTC-e, and Bitfinex.

The table is still missing the next 5 big exchanges in China after Huobi and OKCoin.  If anyone knows of a convenient source for their daily volumes, please let me know.

Yesterday's table was delayed so much that it got eaten by today's.

Volume outside China this Sunday was low (19 kBTC) but almost twice last Sunday's. 

Today Huobi had a DDOS attack that shut it down for ~4 hours.  Its volume (18 kBTC) was the lowest since Jan/31, the Chinese New Year's day.  Other Chinese exchanges were slow too.  As a result, volume in the Chinese exchanges that I monitor was very low this Sunday, ~56 kBTC, a bit less than last Sunday's.

China's slice of the volume, couting only these exchanges, was 82% yesterday (Saturday) and "only" 75% today.

[podyx]

SO whats up? Going down from here when breaking 3.4k huobi?

[EvilPanda]

https://twitter.com/barrysilbert/status/447836584554266624

^ If this was bullish news the price would've gone up before the news became public.

Tweets are not news.  They are rumors.

Agree ... and we should not just follow every rumor that we hear ... or read..  

As for now... price is upredictable as it was before

And the price seems very predictable. It has been going down for months.

Yes, down because of thieves like Karpeles. After the correction in December btc slowly went up and stabilised at ~$800, and then came the Gox shutdown, and wild FUD fest.
The corrections are easier to predict than some fat asshole runing away with milions and not being arrested for it. Until this problem is resolved we won't go up much.

[JayJuanGee]

https://twitter.com/barrysilbert/status/447836584554266624

^ If this was bullish news the price would've gone up before the news became public.

Tweets are not news.  They are rumors.

Agree ... and we should not just follow every rumor that we hear ... or read..  

As for now... price is upredictable as it was before

When I saw Coinbase was hovering around $557, I thought, oh shit, it is getting down close to my next BTC buy-in price (which is currently meant  to be below $550 - b/c the last time I bought was at $584).  So I was playing around with typing in random quantities of BTC to their site just to allow the BTC prices to reload, and then the box flashed $551; however, my desired quantity of BTC was NOT ready to go or I would have clicked buy.  Then i corrected the proper quantity, and the price reverted to $558.27...  so I did NOT buy.

Sometimes, I would just like to get it over with and to just buy.. so that I do NOT have to think about these kinds of matters anymore , until the price drops to my next buy-in point (which would probably be around $529 - depending upon how long it takes to get there... seems doubtful, though... )... And so sometimes I will buy at a few extra dollars per BTC, just to get the purchase out of the way.

I have found the price on Bitstamp to usually be a few dollars above Coinbase, yet, generally, Coinbase's price does NOT fluctuate as widely as Bitstamp.  I complained to them once about this and accused them of arbitrage.. something like that.... Anyhow,  every once in a while when BTC price is very eradic, then Coinbase will be less than Bitstamp... Go figure!!!

 It would be NICE if Coinbase would allow for the placement of ORDERs, but I suppose that may cause additional technical difficulties for their set-up.

Ok.. so now the Coinbase price is hovering between $552 and $556 while the Bitstamp's hovering between $552 and $548... Seems like, if I were to wait it out, we are going to get down to $549 on Coinbase.. Not sure if I can wait that long... .  My frequent problem, however, is as soon as I click buy, then the price really starts to go down and then I am kicking myself for NOT waiting it out a little longer... Can never tell for sure.. how low will she go??? limbo...land... ?

Will it matter if you bought at $549 or $552 when the price gets to $1000 or more? 

I know for day-traders it can make a difference but for holders it really is not that big of a deal.

I think now is a great time to buy BTW and I just threw some money in for the first time in several weeks.   

By the way, I did pull the trigger at $550.19..... so  I can now relax for a week or two... unless we start getting in the $525-$530 range, then I will be itching to buy again (I really do NOT expect that low price, but I did NOT expect to be below $600, either).

Actually, in the big picture you are probably correct that a few dollars here and there will NOT matter too much, when we get into the bigger numbers (well that is assuming we are going to get into those bigger numbers), and that is part of the problem with mulling over the situation.. It's time-consuming.. and maybe for naught... .... Currently, I am trying to bring my average buy-in price down.. and I just like to set my numbers ahead of time so that I guide and pace myself.. within my budget and attempting to maximize getting quantity BTC.. but hedging my risk to the best that I can...... b/c I want to buy while I have a chance, but I also want to save some fiat in the event that the price goes down an additional $20-30 more....

Maybe i am a little more nervous about this whole thing, also, b/c my initial starting buy-in price was $1,200.. and the price has been downwardly trajectory since i started, and I have been ratcheting my numbers, ever since I started to try to bring down my average buy-in price, within my budget.... If I had NOT started at the ATH, my situation would be much better and likely being closer to being in the black, rather than being in the red. Currently, I am at an average $682 buy in price.... which is much more comfortable than a $1,200 average buy in price... that's for sure.

[mooncake]

i'm sure its gonna happen  if not bitcoin it will be another Bitcoin tech currency.

I have been thinking about this. Newer alt coins claim they are better than bitcoin, and rightly so in terms of asic-resistance and faster confirmation. It is also possible a globally central financial organisation like IMF decides to issue its cryptocurrency in future. Therefore, it is possible for bitcoin to be overtaken by its successor.

The interesting part is how events will play out during the transition period. The extreme case is where bitcoin value immediately drops to 0, while its successor replaces it. This is certainly unacceptable to bitcoin holders. Another scenario is where both bitcoin and its successor co-exist for a specified period, while preparation begins for the successor to replace bitcoin completely.

Any thoughts?

[octaft]

but i'd say buy in at 500 600 700 even 1005/coin!! wont make much deference in 20years when bitcoin is processing a health % of world GDP and growing,

 i'm sure its gonna happen  if not bitcoin it will be another Bitcoin tech currency.

I truly believe bitcoin will be the best performing asset this year next year and ever other year after that till it completely takes over!

like what did you think was gana happen USD Fiat, Dirty Fiat was gana win out of Crypto in the long hule WWWWWWWWAAAAAAAAATTT lol no DUded Crtopto Vs Fiat is no centest!

in the long haul.



my father inlaw wants to invest a few $ and he asking me about the alts that ive been taking about.... and i tell him ya alts a gr8 but, its not doge coin thats being appected by all the mecahes its not LTC thats gana IPO on wall street its bitcoin! invest in bitcoin...


1BTC = 100,000,000 satoshi's ITS BETTER THEN DOGE COINS!  

ya for the long haul you wana be holding a shit tone of Bits not coins...  

ive been drinking!

No shit, really? I'd have never guessed. 




 

[JayJuanGee]

https://twitter.com/barrysilbert/status/447836584554266624

^ If this was bullish news the price would've gone up before the news became public.

Tweets are not news.  They are rumors.

Agree ... and we should not just follow every rumor that we hear ... or read..  

As for now... price is upredictable as it was before

When I saw Coinbase was hovering around $557, I thought, oh shit, it is getting down close to my next BTC buy-in price (which is currently meant  to be below $550 - b/c the last time I bought was at $584).  So I was playing around with typing in random quantities of BTC to their site just to allow the BTC prices to reload, and then the box flashed $551; however, my desired quantity of BTC was NOT ready to go or I would have clicked buy.  Then i corrected the proper quantity, and the price reverted to $558.27...  so I did NOT buy.

Sometimes, I would just like to get it over with and to just buy.. so that I do NOT have to think about these kinds of matters anymore , until the price drops to my next buy-in point (which would probably be around $529 - depending upon how long it takes to get there... seems doubtful, though... )... And so sometimes I will buy at a few extra dollars per BTC, just to get the purchase out of the way.

I have found the price on Bitstamp to usually be a few dollars above Coinbase, yet, generally, Coinbase's price does NOT fluctuate as widely as Bitstamp.  I complained to them once about this and accused them of arbitrage.. something like that.... Anyhow,  every once in a while when BTC price is very eradic, then Coinbase will be less than Bitstamp... Go figure!!!

 It would be NICE if Coinbase would allow for the placement of ORDERs, but I suppose that may cause additional technical difficulties for their set-up.

Ok.. so now the Coinbase price is hovering between $552 and $556 while the Bitstamp's hovering between $552 and $548... Seems like, if I were to wait it out, we are going to get down to $549 on Coinbase.. Not sure if I can wait that long... .  My frequent problem, however, is as soon as I click buy, then the price really starts to go down and then I am kicking myself for NOT waiting it out a little longer... Can never tell for sure.. how low will she go??? limbo...land... ?

Will it matter if you bought at $549 or $552 when the price gets to $1000 or more?  

I know for day-traders it can make a difference but for holders it really is not that big of a deal.

I think now is a great time to buy BTW and I just threw some money in for the first time in several weeks.

BitChick is right, BitChick is always right...  

but i'd say buy in at 500 600 700 even 1005/coin!! wont make much deference in 20years when bitcoin is processing a health % of world GDP and growing,

 i'm sure its gonna happen  if not bitcoin it will be another Bitcoin tech currency.

I truly believe bitcoin will be the best performing asset this year next year and ever other year after that till it completely takes over!

like what did you think was gana happen USD Fiat, Dirty Fiat was gana win out of Crypto in the long hule WWWWWWWWAAAAAAAAATTT lol no DUded Crtopto Vs Fiat is no centest!

in the long haul.



my father inlaw wants to invest a few $ and he asking me about the alts that ive been taking about.... and i tell him ya alts a gr8 but, its not doge coin thats being appected by all the mecahes its not LTC thats gana IPO on wall street its bitcoin! invest in bitcoin...


1BTC = 100,000,000 satoshi's ITS BETTER THEN DOGE COINS!  

ya for the long haul you wana be holding a shit tone of Bits not coins...  

Hey Adam... I appreciate that you get fairly specific in your outlandish comments... and largely, I agree with a lot of the sentiments of your projections and my agreement is NOT merely ditto, ditto.. but also b/c I have been doing quite a bit of reading about this bitcoin thing-a-ma-jiggy.   

Anyhow, what would you estimate some of the range of the BTC market cap possibilities would be in the 1 year, 2 year, 5 year and 10 year time-frames.    Ultimately, I am curious about how you would frame your projections.... and we are just shooting the shit here... but if you could give me your best projections, I would appreciate it.  If you are reluctant, I could go first.....  but you seem to be more experienced with bitcoin than me.. at least you've been into it longer than me...   

[adamstgBit]

but i'd say buy in at 500 600 700 even 1005/coin!! wont make much deference in 20years when bitcoin is processing a health % of world GDP and growing,

 i'm sure its gonna happen  if not bitcoin it will be another Bitcoin tech currency.

I truly believe bitcoin will be the best performing asset this year next year and ever other year after that till it completely takes over!

like what did you think was gana happen USD Fiat, Dirty Fiat was gana win out of Crypto in the long hule WWWWWWWWAAAAAAAAATTT lol no DUded Crtopto Vs Fiat is no centest!

in the long haul.



my father inlaw wants to invest a few $ and he asking me about the alts that ive been taking about.... and i tell him ya alts a gr8 but, its not doge coin thats being appected by all the mecahes its not LTC thats gana IPO on wall street its bitcoin! invest in bitcoin...


1BTC = 100,000,000 satoshi's ITS BETTER THEN DOGE COINS!  

ya for the long haul you wana be holding a shit tone of Bits not coins...  

ive been drinking!

No shit, really? I'd have never guessed. 




 

ya good times
on 10th beer i think hehehee

 

[mooncake]

Maybe i am a little more nervous about this whole thing, also, b/c my initial starting buy-in price was $1,200.. and the price has been downwardly trajectory since i started, and I have been ratcheting my numbers, ever since I started to try to bring down my average buy-in price, within my budget.... If I had NOT started at the ATH, my situation would be much better and likely being closer to being in the black, rather than being in the red. Currently, I am at an average $682 buy in price.... which is much more comfortable than a $1,200 average buy in price... that's for sure.

If you are convinced in the extrapolation, you will be fine.

[danielW]

So where are we supposed to be currently on the long term log chart?

Anybody have chart?

edit: lol, ok posted just before.

[JayJuanGee]

https://twitter.com/barrysilbert/status/447836584554266624

^ If this was bullish news the price would've gone up before the news became public.

Tweets are not news.  They are rumors.

Agree ... and we should not just follow every rumor that we hear ... or read..  

As for now... price is upredictable as it was before

And the price seems very predictable. It has been going down for months.

I had to get a really big chuckle out of this post... I am NOT sure why.. but maybe it was your avatar or maybe it was the seriousness of your unsubstantiated prediction...  ...  If you choose your time frame from beginning of December 2013... then yes of course.. and you will be correct for quite a while to selectively and arbitrary choose that as your starting point... .. it is like a straw man assertion... from a dogbird... no hating.....