Poll
Question: Closing BTC Price June 28:
$0 - 5 (2.6%)
<$7,000 - 4 (2.1%)
$7,000-$7,499 - 0 (0%)
$7,500-$7,999 - 0 (0%)
$8,000-$8,499 - 1 (0.5%)
$8,500-$8,999 - 3 (1.6%)
$9,000-$9,499 - 4 (2.1%)
$9,500-$9,999 - 27 (14.2%)
$10,000-$10,499 - 26 (13.7%)
$10,500-10,999 - 15 (7.9%)
$11,000-$11,499 - 14 (7.4%)
$11,500-$12,000 - 17 (8.9%)
>$12,000 - 59 (31.1%)
>$20,000 - 15 (7.9%)
Total Voters: 190

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 21254277 times)
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Erdogan
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July 22, 2015, 02:39:42 PM

Something big is brewing. Fasten your seatbelts, ladies and gentlemen. Soon you will hear people talking about Bitcoin all over the place. Grin

Could you elaborate more please  Grin

I call it the trickle down effect of mostly positive reporting on Bitcoin since January. Bitcoin is mentionend as side topic in more and more reports. Bitcoin is discussed more openly in the comments section of major newspapers.

I conclude: The public gets a better understanding about what Bitcoin essentially is. Once one big buy occurs in the market, this will trigger a cascade and people will try everything to not miss out on the next big thing! Especially, when the former safe heaven (gold) is tanking at the same time.

Gold is as big a loser as the dollar, when bitcoin adoption starts!

In other words: People begin to realize, that bitcoin Blockchain technology is the ultimative hedge!

Edit: All technical indicators show up,Up,UP! I think it's a sign of strength, that despite the temptation, bitcoin still holds back its orgasm! Comapre to may 2015, when bitcoin came to early.

Ftfy Roll Eyes

You are right. I don't disagree (in the light of the blocksize debate). I even would encourage people in here to put some spare money in a few selected alts.

there is a difference between bitcoin, blockchain tech and alts.

i, as an investor//speculator, only rely on bitcoin (and alts to maximize my bitcoin stash).

the propaganda about the blockchain technology is just what it is: pro-pa-gan-da

because TPTB dont obviously enjoy the idea of censor-less transactions (ie. loosing its main leverage).

so i'd argue nonetheless that the masses sheeps will fall for some state-cryptocurrencies, so forget about them pumpin bitcoin.

bitcoin will be pumped because bitcoin and the people involved in it (ie. whales), not because blockchain tech, nor because VCs, and neither because some clueless "awakening" from the masses.
 

With time, it will become clear for almost everybody why bitcoin is in the best interest for themselves. People are collectivists, not primarily because they want to share, but because they want to be shared with (ok, a bit because of folk ecomomics).