Bitcoin Price Thread

Tibster said:
Of course they have no way to know, because the selling happens on an exchange which do not settle trades to the blockchain. By the time you sell on the exchange, your coins are in some exchange controlled wallet and no longer tied to anyone's wallet. Decentralization has nothing to do with it because not being to see everyone's trade is an exchange feature, not a bitcoin feature. Just in case, it's a Ripple/Stellar feature, but this is not about these coins.

The burning happens when sellers voluntarily say so on public forums. I figured that bit was obvious, but in retrospective, I guess that was a mistake.
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Ok, very good. What was the point of your post, then? I could quote the whole thing, but there's no need as you know what's in it.

Yes, other cryptos have this feature, too. Centralized systems don't have this feature. Try selling real-estate and pretend to your friends and family that you're not selling. Anyway, let's get back to the price topic...
 
johnarb said:
Ok, very good. What was the point of your post, then? I could quote the whole thing, but there's no need as you know what's in it.

Yes, other cryptos have this feature, too. Centralized systems don't have this feature. Try selling real-estate and pretend to your friends and family that you're not selling. Anyway, let's get back to the price topic...
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You have to be getting tired.
 
Johnarb I am happy that somebody like Pekelo is answering your remarks and questions
I think your point about "Store of value" is already being trashed...


Realizing the value: AT THE END OF THE DAY YOU STILL NEED TO CONVERT YOUR CRYPTO IN TO HARD CURRENCY TO ENJOY THE WEALTH,,,, sure you can sell to the next sucker, but at the end of the chain somebody will be holding a bag full of BS and wont be "Covert" it to real stuff...
Technology wise :anybody can use this technology , hence alt coins so where is the value any major govt can use this technology it is not IP protected by one person or one company

Trading wise, sure opportunity exists , but dont confuse value of technology and value of this so called currency itself ?( still measured in terms of major OECD currnecies)_
 
traderjo said:
Johnarb I am happy that somebody like Pekelo is answering your remarks and questions
I think your point about "Store of value" is already being trashed...


Realizing the value: AT THE END OF THE DAY YOU STILL NEED TO CONVERT YOUR CRYPTO IN TO HARD CURRENCY TO ENJOY THE WEALTH,,,, sure you can sell to the next sucker, but at the end of the chain somebody will be holding a bag full of BS and wont be "Covert" it to real stuff...
Technology wise :anybody can use this technology , hence alt coins so where is the value any major govt can use this technology it is not IP protected by one person or one company

Trading wise, sure opportunity exists , but dont confuse value of technology and value of this so called currency itself ?( still measured in terms of major OECD currnecies)_
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Thank you for the info, traderjo
 
Well, oracle check:

Pekelo said:
Here is what is going to happen:

Now that we dipped below 8K, we bounce back to 10K. From there we go lower to 6Kish, from where we rally hard to 9-10K.

It is simply SMA and BB bounces on the weekly chart. I can be off by $500 or so, but that is the general direction.
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Looks like we are going according to my plan.... Current high was 9491 and now we are back at 8200-8400. It happened a little faster than I thought and I still think we will make another try at 10K before sinking to 6K, we shall see...
 
Almost under 8,000!!!!!

Everyone was so so so so so bullish at 15k 17k 19k where are all the buyers now at 8k.....

Come on bulls buy it up at $8000....going to a million

Haaaaaa
 
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