Search content
Sort by

Showing 20 of 84 results by respawn2
Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
respawn2
on 25/07/2016, 17:36:13 UTC
Tomfoolery?

Yes, your mischief and foolishness. Monkey business, if you will.
EU authorities had just about enough of your crypto shenanigans, Elwar Angry
Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
respawn2
on 25/07/2016, 17:15:33 UTC
Of course, the long year trend showed that the price would be $660 the day of the halving (as predicted over 2 years ago).

https://foundersgrid.com/bitcoin-price/ Sad

Looks like your tomfoolery is coming to an end, Elwar...

http://bitlegal.io/2016/07/24/eu-commission-to-propose-central-database-of-virtual-currency-users/
EU Commission to propose Central Database of Virtual Currency Users
July 24, 2016
520

The EU Commission in its latest proposal to regulate virtual currency exchanges and custodian wallets (Proposal) suggests a further amendment to the 4th Anti-Money Laundering Directive (4AMLD) which may result in the creation of a central database of virtual currency users (Central VC User Database).
Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
respawn2
on 25/07/2016, 16:07:00 UTC
So much for the halfing raising price. Small miners quitting. Hate to see the next one.

Price was under $300 in January. I'd say the halving raised the price significantly.

Unless there was some other news that doubled the price in the past 7 months?

No, you're right, the price rise was due to the halvening pump. Now price is coming back down, as always.

Estimated Next Difficulty:   201,904,118,316 (-5.43%)
https://bitcoinwisdom.com/bitcoin/difficulty

Prophesies gettin' fulfilled Smiley

Price was $635 at halving. Price now is $655. That is the opposite of down.

Right. And $680 a few minutes before the halvening, but why quibble? Dropping hashrate is dropping, as the fees escalate. As prophesied Smiley
Post
Topic
Board Speculation
Re: Bitcoin Undervalued By Over $200
by
respawn2
on 25/07/2016, 13:06:48 UTC
Hmm... Interesting idea but I strongly disagree.

I'd say that btc has no intern value. You can't say btc is "undervalued" because btc has no value in itself.
In fact nearly nothing has value in itself! Only crafted objects, that can be said having the value of the raw materials they're made of...

The value of the bitcoin lies in its usage. It is supported by the PoW mining. So it is intrisinc value.

*intrinsic
That word don't mean what you think it does.
Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
respawn2
on 25/07/2016, 13:04:35 UTC
So much for the halfing raising price. Small miners quitting. Hate to see the next one.

Price was under $300 in January. I'd say the halving raised the price significantly.

Unless there was some other news that doubled the price in the past 7 months?

No, you're right, the price rise was due to the halvening pump. Now price is coming back down, as always.

Estimated Next Difficulty:   201,904,118,316 (-5.43%)
https://bitcoinwisdom.com/bitcoin/difficulty

Prophesies gettin' fulfilled Smiley
Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
respawn2
on 24/07/2016, 20:39:33 UTC
What's going on? Shocked



It's called a 2.5% profit opportunity.

Buy there, sell at 665.99 Cheesy
Told you to wait, but nooo... You knew better.

See? 664 Grin

Timing is hilarious, was just going to bring this up. Did you sell already, or waiting for 665.99? (because I'm pretty sure many peole are Wink)
Post
Topic
Board Speculation
Re: Bitcoin halving - Where's $1200 people were boasting about
by
respawn2
on 23/07/2016, 17:14:13 UTC
OK.

So, I hodled my coins from $777 to $655 $651, wot do now?

Hodl sum moar!
Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
respawn2
on 23/07/2016, 16:35:59 UTC
price depends on actual story that is happening around bitcoin, no?


Yes and no. Yes in the sense that there may be correlation, and no in the sense that this doesn't imply causation.
Bitcoin is a speculative commodity, in the widest possible sense: it exists to be speculated, that's its raison d'etre. News of failing governments, failing economies, failing banks -- pretty much any and all societal failings -- could be, and typically are, used to bootstrap pumps.
Hence correlation.
This does not mean that the price is driven by world events (as in Greeks buying BTC because Grexit, Brits buying BTC because Brexit,
BTC / PKR
Bitcoin / Pakistani Rupee
 
73,399.00 PKR
+2,094.00 +2.94%
Pakistani rocket ship!!!
...or Pakistani buying BTC because Prexit.
Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
respawn2
on 23/07/2016, 13:52:29 UTC
Just a week left. Don't forget to vote!


Seems only you forgot to vote   Roll Eyes

I'm an American, I never vote. The only reason I know that Coventry even exists is because


Cool
Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
respawn2
on 23/07/2016, 12:45:11 UTC
The urban planners did more damage to Coventry than Hitler's bombs ever could.

+1 Smiley




I think I may move to Venezuela.
Movin' to Montana soon
Gonna be a Dental Floss tycoon
(yes, I am)

Will 650 hodl?
Just a week left. Don't forget to vote!
Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
respawn2
on 23/07/2016, 00:55:41 UTC
Now we can resume our blitzkrieg towards the moon
Apollo One, how're you guys doing in there?
Post
Topic
Board Speculation
Re: Bitcoin halving - Where's $1200 people were boasting about
by
respawn2
on 23/07/2016, 00:21:11 UTC
I think most people were saying 3-6 months after halving.  1 week after makes no sense for a huge price increase. 

Yeah, I'd say 3-6 years. I think it's actually good that the price is falling, this is not some get-rich-quick scheme, no need to rush...
Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
respawn2
on 22/07/2016, 23:44:35 UTC
You know the expression, teach a man to fish, then throw him in the river.
Diner; 50-something waitress. Doesn't like you, you look like a college kid.
Order, get coffee while you wait. Get sugar/cream squared/finally cool enough to drink. "Freshen your coffee?" (pours without waiting).
She knows, just fucking with you.
Clink! from the kitchen window (that's your food).
Clank! plate on the table, some orange stuff spills. This is choreography, setup for the rancid bar rag ... with which she returns after about 3 minutes, just when you thought it's safe.

Picks up plate (you started eating)., "Here, let me get that for you!" smears spilled orange crap around the table, drops plate back.
You start eating, feel owned.
~3 minutes pass~
She reaches around you from behind, presses old lady boob into your shoulder, pours more orange crap onto your plate from stainless steel gravy boat. "Everything good?"  (you nod)



"Bon appetit!"

A year from now, we'll have -650k coins fewer than we'd have without the halvening. So...
A year from now, you'll see 1,800 * 365 = 657,000 BTC *MORE*
Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
respawn2
on 22/07/2016, 22:39:23 UTC
wtf happend to the ask wall?Huh

come back ask wall we aren't done with you yet.

I was looking up some fish in Wikipedia, ran across this picture, and thought it was fitting:



Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
respawn2
on 22/07/2016, 22:26:38 UTC
What's going on? Shocked



It's called a 2.5% profit opportunity.

Buy there, sell at 665.99 Cheesy
Told you to wait, but nooo... You knew better.
Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
respawn2
on 22/07/2016, 21:48:28 UTC
will we revisit 5xx in the coming months?  I am starting to think so.

Is it coiling like a cobra now, getting ready to strike? Because I calculated the marginal supply reduction delta[n1, ... n++] ratio, backtraced it into fractal regression with a harmonic form-fitting Bollinger Bend, and all the numbers seem super bullish.
Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
respawn2
on 22/07/2016, 21:04:06 UTC
Thank you price dumper. House sale money all converted finally after a month and a half voyage from check to bitcoins.

you sold your house and bought bitcoin with the money?

Yep, 230 bitcoins added to my stash.

crazy, are those US prices? where i live houses start at 500k$

Depends on where in US. There are places where you can get a house for 50k, maybe less. Remember seeing some dilapidated mansion-looking place in Detroit for something ridiculous, like 5k.


Pirate gets off with a year and a half, makes BBC news http://www.bbc.com/news/technology-36865208 Smiley
"A Texan man has been sentenced to 18 months in jail for running a fraudulent Ponzi-style scheme based around the Bitcoin virtual currency."
Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
respawn2
on 22/07/2016, 19:16:10 UTC
If you squint a little bit, 655 looks like 666, so we're pretty much where we were yesterday.
Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
respawn2
on 22/07/2016, 13:32:05 UTC
It's called a 2.5% profit opportunity.

Waiting a bit, step back in @ 75% profit opportunity.
BTW, to take advantage of opportunities like this, you gotta have worthless fiat waiting. Got any?
Or are you, you know, all in?
Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
respawn2
on 22/07/2016, 13:17:36 UTC
You're doing a great job Lambie, can you push the price down a bit more so I can get moar cheep coinz

Is this good enough, or still too rich for your blood?



*But at least we're seeing some volume...