All posts made by tommorisonwebdesign in Bitcointalk.org's Wall Observer thread
1.
Post 11976690 (copy this link) (by tommorisonwebdesign) (scraped on 2020-04-04_Sat_14.22h):
Looks like the price of bitcoin is continuing to go up. Now is the time to buy in or get into the bitcoin economy.
2.
Post 12035900 (copy this link) (by tommorisonwebdesign) (scraped on 2020-04-04_Sat_14.22h):
No doubt the bears will be out in full force soon...they tried hard for the last few days but leverage short is a big mistake at this point imo !
Shorts on bitfinex at 9600. No one shorting the rallies anymore.
If we hold this technical level the next three months could be exciting.
EDIT: and the walls are gone, toehold back on 280 again..
With this volume shorting is dangerous...
Hopefully there is less trading volume so let's hope the price will not drop by that much.
3.
Post 12177529 (copy this link) (by tommorisonwebdesign) (scraped on 2020-04-04_Sat_14.23h):
I don't know weather to say this is the dump before a big significant pump or the beginning of the crash. Either way, I don't think the price is ever going to drop below $200 again. I'm suspecting from the media attention the should be a bit of a price increase soon.
4.
Post 12186557 (copy this link) (by tommorisonwebdesign) (scraped on 2020-04-04_Sat_14.24h):
This may be the beginning of a crash. Let's hope the price pumps back up.
5.
Post 12249460 (copy this link) (by tommorisonwebdesign) (scraped on 2020-04-04_Sat_14.25h):
there pretty much consensus about this, XT is a flop
BIP100 is looking promising, i think if they tweak it a bit to address some people's paranoid concerns about it, its going to win.
Right now, it looks more like the "industry" wants XT and the pools seem to want "something else".
Nobody even bothers to ask what the community wants, since we're all just a bunch of nerds sitting in their mom's basements and trolling each other.
But I agree, XT/BIP 101 doesn't look like it's going to fly.
The "industry" is nothing more than VC-tit sucking "entrepreneurs" being lobbied by Gavin & Mike. They're as clueless as they come.
You got that one right. We're nothing more than a bunch of geeks, you can't really call ourselves an "industry"
6.
Post 12259666 (copy this link) (by tommorisonwebdesign) (scraped on 2020-04-04_Sat_14.25h):
If XT dies off that would be a great thing for those who have invested in Bitcoin. All of the controversy has brought the price right down. Once XT is gone for good the price will soar.
7.
Post 12302114 (copy this link) (by tommorisonwebdesign) (scraped on 2020-04-04_Sat_14.25h):
Bitcoin's price stall really all has to do with the blocksize limit increase proposal currently going on right now. After consensus is found (which could possibly really take a long time) I am sure the blockchain technology will greatly be enhanced and the price will increase again. I have a lot of confidence in Bitcoin.
8.
Post 12450754 (copy this link) (by tommorisonwebdesign) (scraped on 2020-04-04_Sat_14.26h):
Everyone yells doom for the past so many years, and it just doesn't happen.
I am convinced the dollar collapse, market crash, and all the other doom bullshit is not gonna happen anytime in the near future.
They are gonna milk this bubble as long as they can.
Often claimed the very same about DOW. There's absolutely no difference if the top is 5K 15K or 50K as several people have predicted in the past. It's nothing but a number. What is truly at stake is WHERE the excess money is at? And most importantly, what the one(s) who has the pile is gonna do with it?
Doom? Nah. Just ordinary manipulation of the whole planet.
The dollar is probably not going to collapse for quite a while. China's stock market may crash, the global wealth gets shuffled, and the price of Bitcoin goes up. Best times to sell as far as I'm concerned.
9.
Post 12547942 (copy this link) (by tommorisonwebdesign) (scraped on 2020-04-04_Sat_14.27h):
I don't there will be such a run up in the price of Bitcoin as it did in November of that year anytime soon. I would say the value of Bitcoin was inflated and was not an accurate representation of bitcoin's actual value. I think it will be three more years (2018) before bitcoin goes mainstream. New technology usually takes a long time for people to adopt to.
10.
Post 12556951 (copy this link) (by tommorisonwebdesign) (scraped on 2020-04-04_Sat_14.27h):
Completely off-topic: Anyone else being forced/repeatedly prompted to agree to a bunch of legal crap in order to do a simple google-search?
is this a joke >.>?
Nope, using Bing atm. I know Google is milking us dry for information, but them demanding me to actively accept it is a bit too much. Passive acceptance and living in denial is more my style.
I don't know much about it but have you tried
https://search.disconnect.me/Google is notorious for legal BS. I still use it. It's ingrained into our minds to think Google owns the internet.
11.
Post 14023199 (copy this link) (by tommorisonwebdesign) (scraped on 2020-04-04_Sat_14.46h):
From everything I'm reading Bitcoin is going to the moon. If I had extra cash I would buy some Bitcoin. I need my fiat to live on.
12.
Post 14052348 (copy this link) (by tommorisonwebdesign) (scraped on 2020-04-04_Sat_14.46h):
Ahh... The Wonder And Beauty of a planned economy.
+1 it's actually quite funny, when libertarians turn into communists.
bitcoin is not a democracy.
What do you mean? We have rights and liberties to spend Bitcoin on whatever we want, right?
13.
Post 14077084 (copy this link) (by tommorisonwebdesign) (scraped on 2020-04-04_Sat_14.46h):
The price drop means nothing. Bitcoin is the way of the future. More people know about it. It will be accepted at more merchants. More and more people are finding out about it. And the price will increase again for sure.
14.
Post 14134802 (copy this link) (by tommorisonwebdesign) (scraped on 2020-04-04_Sat_14.47h):
Please support your assertion that 2-5 cents will buy something to eat.
Where in the world can you buy a snack for 5 cents? AFAIK not even Thailand/Cambodia/Nepal/India have such cheap food. IIRC 35 cents is about the lowest you can go for a meal's worth of calories.
If you know better, share the specifics and I'll update Numbeo accordingly.
http://www.dailyfinance.com/photos/food-price-comparison-around-the-world/#!fullscreen&slide=988845
That's ~3 cents per egg btw (for India).
Nice try. You have to buy a dozen eggs to get them for 3 cents each.
And good luck eating that egg raw. I'm sure the bargain bin store brands in Delhi are extra
organic. 
What do you think about the analysis indicating each BTC tx uses about $6-$8 worth of electricity, in the context of these outrageous 3-cent fees?
That tells me that Bitcoin is currently priced pretty much to perfection.
Each block contains roughly 1500 Transactions. Block reward 25 BTC + fees
Block Reward currently roughly $10,300 - reward per Transaction -> $6.87
Cost of electricity per Transaction and reward per Transaction are equal - sounds like a perfect market.
Block halving -> either 1) Higher BTC Price, or 2) Less electricity usage, or 3) some combination of both.
I am going to put my money on Bitcoin reaching $1000-$1200 after halving. It may not happen right away, but sometime in the near future we will see prices like this.
15.
Post 14218487 (copy this link) (by tommorisonwebdesign) (scraped on 2020-04-04_Sat_14.48h):
To topic, there is always fluctuation with the price of Bitcoin. What usually happen is the price will go up, people sell their Bitcoin, the price goes down temporarily, then it goes back up to at least the same price. Looking long term, Bitcoin is going to make us all rich