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

[AirFlame]

So, bottom is in?

YUP!

its going to be up Up UP from here on out

from 380 - 3800 in 6 months

 

Hahahahha You make my day Nice one.

[inca]

You sound very cultishand there are also enough trolls on the bull side. How about a wager up to 25 BTC that we crash throw april low before 2015 if you feel so confident? Escrow, of course.


No? Take your time. My offer keeps even valid in case we bounce over 400. All the good news on your side...

It is tempting but I don't want to gamble 25 btc thanks. Perhaps a smaller sum but not a great amount as it is quite possible the price may drop and retest the April low.

I don't think being a bitcoin bull and a long term holder makes someone cultish. I am not brain washed so it smacks of trollery to use that term.

At least I post honestly about my expectations for btc, unlike the doom mongers and leveraged book talkers who actually are bitcoin bulls deep down, yet talk it down constantly ('game is over', 'cut your loose') for short term profit.

[Richy_T]

The exact annualised inflation rate jumps around every day, depending on how many bitcoins were mined in the last 24 hours.

It is around 10-14% currently, but will halve to around 5% at block height 420,000.

Say, 12%. It's not much, but unfortunately if works with "multiplicator": Since only about 20% of bitcoins are in circulation (the rest is on hodl), effect of new coins is 5 times stronger. I.e. this 12% inflation affects prices with the strength of 60% one.  That is we need 60% annual user base growth just to maintain current price.

And because the price is higher, this means probably a couple of orders of magnitude of dollars or other fiat currency.

[heartastack]

My bottom has been touched. For today at least

[Micky25]

My bottom has been touched. For today at least

who did that to you?

[Totscha]

My bottom has been touched. For today at least

Pun intended?

[heartastack]

My bottom has been touched. For today at least

who did that to you?

Professor Bitcorn

[Ultros]

My bottom has been touched. For today at least

Show us on the doll.

[fonzie]

[Schickeria]

You sound very cultishand there are also enough trolls on the bull side. How about a wager up to 25 BTC that we crash throw april low before 2015 if you feel so confident? Escrow, of course.


No? Take your time. My offer keeps even valid in case we bounce over 400. All the good news on your side...

It is tempting but I don't want to gamble 25 btc thanks. Perhaps a smaller sum but not a great amount as it is quite possible the price may drop and retest the April low.

I don't think being a bitcoin bull and a long term holder makes someone cultish. I am not brain washed so it smacks of trollery to use that term.

At least I post honestly about my expectations for btc, unlike the doom mongers and leveraged book talkers who actually are bitcoin bulls deep down, yet talk it down constantly ('game is over', 'cut your loose') for short term profit.

I understand. It's okay, no wager.

To me it sounds a bit cultish but I may understand it wrong. In the longer run I'm bullish like you, but meanwhile I suppose that there is more down to come. We'll see.

We gamble for a beer (5$) without any escrow but act of honour, agreed?

[adamstgBit]

You sound very cultishand there are also enough trolls on the bull side. How about a wager up to 25 BTC that we crash throw april low before 2015 if you feel so confident? Escrow, of course.


No? Take your time. My offer keeps even valid in case we bounce over 400. All the good news on your side...

It is tempting but I don't want to gamble 25 btc thanks. Perhaps a smaller sum but not a great amount as it is quite possible the price may drop and retest the April low.

I don't think being a bitcoin bull and a long term holder makes someone cultish. I am not brain washed so it smacks of trollery to use that term.

At least I post honestly about my expectations for btc, unlike the doom mongers and leveraged book talkers who actually are bitcoin bulls deep down, yet talk it down constantly ('game is over', 'cut your loose') for short term profit.

I understand. It's okay, no wager.

To me it sounds a bit cultish but I may understand it wrong. In the longer run I'm bullish like you, but meanwhile I suppose that there is more down to come. We'll see.

We gamble for a beer (5$) without any escrow but act of honour, agreed?

place your bets on the market...

[ChartBuddy]

Explanation

[inca]

You sound very cultishand there are also enough trolls on the bull side. How about a wager up to 25 BTC that we crash throw april low before 2015 if you feel so confident? Escrow, of course.


No? Take your time. My offer keeps even valid in case we bounce over 400. All the good news on your side...

It is tempting but I don't want to gamble 25 btc thanks. Perhaps a smaller sum but not a great amount as it is quite possible the price may drop and retest the April low.

I don't think being a bitcoin bull and a long term holder makes someone cultish. I am not brain washed so it smacks of trollery to use that term.

At least I post honestly about my expectations for btc, unlike the doom mongers and leveraged book talkers who actually are bitcoin bulls deep down, yet talk it down constantly ('game is over', 'cut your loose') for short term profit.

I understand. It's okay, no wager.

To me it sounds a bit cultish but I may understand it wrong. In the longer run I'm bullish like you, but meanwhile I suppose that there is more down to come. We'll see

We gamble for a beer (5$) without any escrow but act of honour, agreed?

You're on!

[hyphymikey]

Oh Glory! Just got 10 BTC of Circle. If this works as sweet as I think, I will now open my BTC site and get that ATM. Let the new economy begin!!

10 BTC? or $10 worth of BTC?

I only got $10 worth.

[NotLambchop]

Oh Glory! Just got 10 BTC of Circle. If this works as sweet as I think, I will now open my BTC site and get that ATM. Let the new economy begin!!

10 BTC? or $10 worth of BTC?

I only got $10 worth.

How much did you get for $10? <==serious question

[fonzie]

Oh Glory! Just got 10 BTC of Circle. If this works as sweet as I think, I will now open my BTC site and get that ATM. Let the new economy begin!!

http://www.youtube.com/watch?v=oWuyrlXI7nA

Is that you??

[JorgeStolfi]

Did I understand correctly, that now people can buy BTC at Circle, paying with their credit cards, so that they can pay with BTC at Dell, Newegg etc. without using their credit cards?

[inca]

place your bets on the market...

I did. I bought today.

[fonzie]

Did I understand correctly, that now people can buy BTC at Circle, paying with their credit cards, so that they can pay with BTC at Dell, Newegg etc. without using their credit cards?

 

[adamstgBit]

Did I understand correctly, that now people can buy BTC at Circle, paying with their credit cards, so that they can pay with BTC at Dell, Newegg etc. without using their credit cards?

maybe they want to buy DOGE?