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Re: when will bitcoin prove its true prosperity and take on full beast mode?
Many have come up with logarithmic graphs and exponential values etc.
For me if Bitcoin follows this type of yearly doubling trajectory I'd be more than amazed and it would obviously make most current holders very rich.
2014: $125
2015: $250
2016: $500
2017: $1000
2018: $2000
2019: $4000
2020: $8000
2021: $16000
2022: $32000
2023: $64000
2024: $128000
2025: $256000
Considering the value is well into the 4000s already I'd say the current value is indeed already very high.
If its value doesn't reach into the upper 1000s ($8K or so) before 2021/22 I'd probably cash out if possible and forget about Bitcoin, but if the value increases anywhere near the likes of the above figures I'd definitely HODL for a long time. There have been very good indications recently that growth can continue. In the moment the waiting might seem endless but looking back Bitcoin has rocketed like mad in a short timeframe and increased percentage wise far quicker than my guessing figures indicate.
I'm definitely HODLing for now.
For me if Bitcoin follows this type of yearly doubling trajectory I'd be more than amazed and it would obviously make most current holders very rich.
2014: $125
2015: $250
2016: $500
2017: $1000
2018: $2000
2019: $4000
2020: $8000
2021: $16000
2022: $32000
2023: $64000
2024: $128000
2025: $256000
Considering the value is well into the 4000s already I'd say the current value is indeed already very high.
If its value doesn't reach into the upper 1000s ($8K or so) before 2021/22 I'd probably cash out if possible and forget about Bitcoin, but if the value increases anywhere near the likes of the above figures I'd definitely HODL for a long time. There have been very good indications recently that growth can continue. In the moment the waiting might seem endless but looking back Bitcoin has rocketed like mad in a short timeframe and increased percentage wise far quicker than my guessing figures indicate.
I'm definitely HODLing for now.
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
On the Catalan independence:
----
European Council President Donald Tusk is among those to have urged Mr Puigdemont not to declare independence. In his latest comments on the crisis, the EU leader said the consequences would be "obviously be bad for the Catalans, for Spain and for the whole of Europe".
"Let us always look for what unites us and not for what divides us. This is what will decide the future of our continent."
----
Yeah the Romans, Napoleon and Hitler also tried to "unite" us... Further east Lenin and later Stalin gave it a shot.
----
European Council President Donald Tusk is among those to have urged Mr Puigdemont not to declare independence. In his latest comments on the crisis, the EU leader said the consequences would be "obviously be bad for the Catalans, for Spain and for the whole of Europe".
"Let us always look for what unites us and not for what divides us. This is what will decide the future of our continent."
----
Yeah the Romans, Napoleon and Hitler also tried to "unite" us... Further east Lenin and later Stalin gave it a shot.
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
What a pleasant little rise... up a c-note in less than an hour. 
Go Bitcoin go.
Price is looking pretty good - a lot of funds are coming from people selling alts - looks like the market cap % of BTC/Alts is increasing againGo Bitcoin go.
I do feel a little bad about my alts... but then I remember I got them as some sort of hedge and they are exactly doing its job (and got me a good profit already). I feel sorry for those that are overexposed to alts but, hey, this is the game!
Switch them to BTC with Changelly and switch back when you think ATH has been reached.
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
What a pleasant little rise... up a c-note in less than an hour.
Go Bitcoin go.
Price is looking pretty good - a lot of funds are coming from people selling alts - looks like the market cap % of BTC/Alts is increasing againGo Bitcoin go.
I do feel a little bad about my alts... but then I remember I got them as some sort of hedge and they are exactly doing its job (and got me a good profit already). I feel sorry for those that are overexposed to alts but, hey, this is the game!
Switch them to BTC with Changelly and switch back when you think ATH has been reached.
I won't. That would completely defeat their purpose as a hedge. I don't care how low they go as long as Bitcoin keeps rising
It's fair enough but with how they keep dropping and BTC keeps rising before this fork I think one could profit -> more BTC -> more forked BTC possibly etc -> eventually same value in Alts. I think it's unlikely these Alts will bounce back quicker than you can react with such an alt exchange but I guess you never know.
As a backup / hedge I guess your position makes sense. But there does seems to be an opportunity here at the moment too.
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
...lol with the recent news from Russia re competing with China in Bitcon mining - coupled with the faux China ban , and taken into context with the usual bullshit the MSM spout..
This "supposed" Russia "ban"
Who could really give a flying fuck.
Not me that is for sure.
Not a single fuck given.
(Even if Putin were to come into my house and smack the hardware wallet outta my hands I would still laugh in his face)
This "supposed" Russia "ban"
Who could really give a flying fuck.
Not me that is for sure.
Not a single fuck given.
(Even if Putin were to come into my house and smack the hardware wallet outta my hands I would still laugh in his face)
He would do a little martial arts on you, and you would not be laughing, then ...
With current USA gun laws, if a foreigner comes and smacks anything precious out of the houseowner's hands, are you really sure it is the trespasser who's going to laugh last?
If the tresspasser is Vladimir Puttin, maybe. It is being rumored he killed Chuck Norris with a single finger.
...whilst Vladimir was also fending off a pack of Canadian bears and angry seagulls.
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
About the referendum it is indeed ilegal, as anyone that knows spanish law and constitution do inmediately realize. It was the Judges and not the government who sent the police to seize the ballot boxes.
Illegal or not, you shouldn't beat your own people for: a) Peacefully protesting. b) Voting.I do completely agree. Noone was beaten for that (trying to vote or peacefully protesting). Police had orders from Judge to seize ballot boxes, the only people that were beaten were actively hindering (not sure if that is the right english word) the police job. In fact, in most the places they were not able to comply orders because it would have mean a major confrontation and put people (and police units themselves) in higher danger.
I do also recognize this incident have had a very bad impact in international media. It would have been way better to have intervened way sooner and just arrest the promoters of the rebelion without exposing any law-abiding citizens to any innecesary risk.
I think your statement is overzealously defending the police going by the pictures we saw from abroad. Regardless only a total imbecile would expect seizing ballot boxes in such a case to be peaceful. The vote could still have been regarded as illegal if more votes ended up in the ballot boxes. No need to drag women by their hair.
It's not as if this Catalan independence thing hasn't had any history.
Joke reaction by Spanish government.
Joke reactions by the EU.
No wonder people want to go back to nation states where possible.
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
I tuned in to get word about the flash crash. I guess nobody noticed. Carry on.
I did notice the drop to 4200 this morning then jump back to about 4800 straight away on CoinDesk.
Thought it was a CoinDesk data thing only?
No idea.
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
52%. Is anyone believing that could pass 60% before November?
Today seems to be a bit stagnant. If we have any further rallies such as yesterday maybe back to 75%.
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
52%. Is anyone believing that could pass 60% before November?
Today seems to be a bit stagnant. If we have any further rallies such as yesterday maybe back to 75%.
I take that back about today.....
Will be a ruin for all who buy this month and also invest in it, but if this speculation becomes real it will be very profitable for everyone who does not have and will buy, when bitcoin prices go down. I feel 2018 will not change much, maybe bitcoin can go up or down to 1 or 2 percent.
Bitcoin price fluctuates by more than 2 percent per day usually. Today we are already down by 5.5%
I highly doubt that say the price on 1st of Jan 2018 is $4500 the min or max price on 31st Dec 2018 would be either $4400 or $4600.
I'd bet against it being in that range for sure.
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
Wow! Great story. !!
https://www.wired.com/story/i-forgot-my-pin-an-epic-tale-of-losing-dollar30000-in-bitcoin/
https://www.wired.com/story/i-forgot-my-pin-an-epic-tale-of-losing-dollar30000-in-bitcoin/
So if this is true then it's possible to hack/crack a Trezor?
I'm not so sure having such a physical device is actually a good idea regardless.
You can be sure that anyone you see owning a Trezor has probably got crypto. Just a random dude with a computer not necessarily so /most probably not.
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
Shaking the weak hands off a bit more and some more credit card FUD making the rounds. Maybe going down lower than < $8.5K.
I predict this week will see a big rise in the entire crypto market and we will be comfortably over 12K again in a week's time.
I predict this week will see a big rise in the entire crypto market and we will be comfortably over 12K again in a week's time.
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
The Bitcoin community awaits the return of Satoshi Nakamoto.
Looks like he is old enough to have been a gold miner.
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
Sounds like a great guy to have at a Crypto party.
Today a young family member asked if she should invest in crypto.
I told her she should only invest what she can afford to lose. But I wish her more luck with it than I have had or will potentially have. She deserves a break as she has been through hell recently.
Unfortunately she doesn't have access to invest in the amazing Paul Krugman economics investments that are available.
Perhaps Paul Krugman should realise not only Trump supporters and the people he thinks he hates so much because of his uninformed interpretation of opinions and personal situations are interested in this.
But I do hope he continues to waste his time hating on Twitter if he is that bitter and hateful.
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
Shaking the weak hands off a bit more and some more credit card FUD making the rounds. Maybe going down lower than < $8.5K.
I predict this week will see a big rise in the entire crypto market and we will be comfortably over 12K again in a week's time.
I predict this week will see a big rise in the entire crypto market and we will be comfortably over 12K again in a week's time.
credit card has lower fees than btc, ask bitcoin conference
I was referring to the not being able to use CCs to buy crypto FUD. JP Morgan / Citigroup and all those cocksuckers.
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
Wow went down to 9200
Look at the bright side, it is still
over 9000!!!!
LOL, when BTC shills understand that their shitcoin as-well can be dump & pump no matter all bright stories abut decentralization, freedom and etc.
What a pathetic community
Going by your post; you can say shit and you attempt to provoke people, you have the exact qualifications to work for CNN.
Re: Bitcoin's "long-term" pattern of recovering from dips is over
Everyone here likes to "hodl". It makes sense. Bitcoin has spiked before and provided investors with 10x return or more, and then proceeded to talk 50-80%. This is normal bitcoin behavior and seems to happen again and again, and it always seems to recover and bounce even higher. From that perspective, I totally understand people wanting to remain steadfast and hodl.
That being said, it is now over. Bitcoin is done with this pattern and will not spike again like it has in the past.
The landscape for crypto has fundamentally changed recently. Bitcoin used to be the only option for many people to invest in crypto. The reason it would rise is because there was a large, untapped population of investors who were willing to log into Coinbase and invest because it was very easy to do, and there was a lot of money to be made. Now, this is being spread out among altcoins. While bitcoin itself is championed as being this great deflationary currency, ironically, crypto as a whole is infinitely inflationary as more and more alt coins are created, and made easily accessible on services like Coinbase.
Previously it was one choice - you log into Coinbase and you buy bitcoin. Now it is 4, and this number will only rise. This, on top of government threats, and technical/scalability issues with Bitcoin, are why this pattern is over.
I do not expect Bitcoin to ever set a new all time high again.
That being said, it is now over. Bitcoin is done with this pattern and will not spike again like it has in the past.
The landscape for crypto has fundamentally changed recently. Bitcoin used to be the only option for many people to invest in crypto. The reason it would rise is because there was a large, untapped population of investors who were willing to log into Coinbase and invest because it was very easy to do, and there was a lot of money to be made. Now, this is being spread out among altcoins. While bitcoin itself is championed as being this great deflationary currency, ironically, crypto as a whole is infinitely inflationary as more and more alt coins are created, and made easily accessible on services like Coinbase.
Previously it was one choice - you log into Coinbase and you buy bitcoin. Now it is 4, and this number will only rise. This, on top of government threats, and technical/scalability issues with Bitcoin, are why this pattern is over.
I do not expect Bitcoin to ever set a new all time high again.
Oh well we can always go back to stashing fiat and watching our stash erode away through inflation and microscopic interest rates.
Whatever you do have fun along the way.
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
If anyone here is going to the Super Bowl per chance,
make sure you wave a giant BUY BITCOIN sign,
preferably behind the scantily clad cheerleaders....
make sure you wave a giant BUY BITCOIN sign,
preferably behind the scantily clad cheerleaders....
Probably your last chance as I guess they will ban cheerleaders altogether as they are so incredibly offensive like the F1 pit girls according to maniac uber liberals.
I mean it's not as if sex helped anyone to get here in the first place, right?