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Question: What happens first:
New ATH - 43 (69.4%)
<$60,000 - 19 (30.6%)
Total Voters: 62

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26414984 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. (174 posts by 3 users with 9 merit deleted.)
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May 27, 2024, 07:01:11 AM
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NO!
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It's lonely here sometimes. I beat you by 2 seconds CB.
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May 27, 2024, 07:07:14 AM

take a break buddy.
I have a feeling he won't take a break until two sites on his sunglasses turn green.
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Keep going Buddy.
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May 27, 2024, 11:11:18 AM

~snip~
I am pretty sure that the Eth boys are still not very transparent in regards to how many coins there are exactly, including but not limited to that early 2014 premine.  The supply question has never really been very verifiable as far as I have understood.. but the Eth folks seem to consider that to not really be much of a problem.

Wasn't there some verify the block questions that even came 6-12 months earlier than their other stupid ass 2022 movement into POS, which should have gotten people understanding that ethereum was constantly changing itself without much for parameters or even straight-forwardness in regarding whatever new thing it had decided to become..

I think that Vitalik&Co have no worries about such things because they realized a long time ago that they can do whatever they want without losing support. In addition, what beginners object to the most when it comes to BTC is the max supply, because they think that 21 million coins are too few, and that if there were more coins, they could buy them at a lower price.

In other words, the ETH team is proud that it has its own leader, that ETH is much cheaper than BTC and that there is no max supply - and for many it is therefore much easier to become the owner of 1 ETH than 1 BTC - because in the end it all comes down to numbers, right?
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May 27, 2024, 12:09:00 PM
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May 27, 2024, 12:26:36 PM
Last edit: May 27, 2024, 12:49:09 PM by vapourminer
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I think that Vitalik&Co have no worries about such things because they realized a long time ago that they can do whatever they want without losing support. In addition, what beginners object to the most when it comes to BTC is the max supply, because they think that 21 million coins are too few, and that if there were more coins, they could buy them at a lower price.

In other words, the ETH team is proud that it has its own leader, that ETH is much cheaper than BTC and that there is no max supply - and for many it is therefore much easier to become the owner of 1 ETH than 1 BTC - because in the end it all comes down to numbers, right?

i really wish peeps could understand the max supply number is irrelevant as long as it never changes. if the were twice as many btc (42 million) it would cost 1/2 as much right now (~$34,000). so peeps buy twice as much for same price.

the base unit makes no difference. total supply could of been only one btc vs 21 million when you get down to it.

EDIT: dunno why peeps get hung up on a number. like when buying i dont look to buy a set amount of btc, i buy as much as i can, whatever the numbers are.
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May 27, 2024, 01:09:15 PM

~
dunno why peeps get hung up on a number. like when buying i dont look to buy a set amount of btc, i buy as much as i can, whatever the numbers are.
I think it's just a psychological factor. As only the price of bitcoin when it touches $70,000, many are waiting there to sell it. But it didn't even have time to go to $70,000 when it went down. Or when it has touched that number, many sell so the price never crosses it.
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