Bitcoin Forum

Please, post graphics and others notes about prices of Bitcoin, crashes of exchanges (yep ...it's true after all) and ... MEME/Gifs ;D when we are in roller coaster mode (Max 1,5Mb).

This thread is Self-Moderated ( Samaritan God Mode = https://www.youtube.com/watch?v=xHAzhkIt0z4 ).

http://imagizer.imageshack.us/a/img922/9673/Hj3PX5.gif

Previous and Linked Thread : https://bitcointalk.org/index.php?topic=178336.0

Rules :

1) Gifs/Meme allowed (please use "img width=300" to 600).
2) Multi-quote too long will be deleted (don't be lazy ... prune your quote).
3) ALTS are forbidden, use the right section for this (post will be deleted).
4) Gifs/Meme not linked to discussion will be deleted (be smart, play the game with others).
5) Links not related to subject will be deleted (OK, you see the goal ? The title of this thread !)

What's a wall thread ? Here is an explain :
http://www.investopedia.com/news/buy-and-sell-walls-cryptocurrencies-bitcoin-ethereum-ether-ripple/

I start : We are in stabilisation mode, now ... before the 1st August.
Only 1 month to wait now.  :)

http://imagizer.imageshack.us/a/img923/5171/rxQQgd.png

Shouldn't have self-moderated. Self-moderation (and lack of the OP) is supposedly part of the reason why the Wall Observer thread was locked.

too many traffic on old thread ... and without the OP, self-moderation don't work at all (ETH invasion, SCAM invasion).

Self-Moderated actually mean that i have a "DELETE" button on every message in this subject.
And i can lock this thread, too ... to clean the development of ALTS/SCAM discussion.

After all ... why not ?
You choose.

---

Interesting result of this week-PURGE :

http://imagizer.imageshack.us/a/img924/532/6G53Bi.png

It'll be interesting to see the price action up to and post August 1st.

 :D i let a week to find the rules.

This might be the new thread. I was going to say something in the old thread, but that's gone so here we are.

Why is the old thread locked? any reason?

too many work to moderate.

http://imagizer.imageshack.us/a/img923/3543/4oyPaC.gif

Thanks Meuh for being the first to pick up the ball.

Oh... and good afternoon Bitcoinland.

Knockin' on $2600's door.

i don't think that we can add members to the self-moderate thread ... it would be good for cover all time zones.

like 1 member in every country of the world.

The weird thing is, most people seem to think that 1 august will not have a negative impact on the price since they don't see a problem in the segwit softfork. How come you seem to think otherwise?

Would be good. I'd even love to do it, but I really don't have the time.

Will you be adding polls?

A bot posting charts with walls would also be nice ;+D

Wait 2 weeks.

and look this : http://bitcoin.sipa.be/versions.html

http://imagizer.imageshack.us/a/img922/5690/fCE1Sr.png

and pray ... http://imagizer.imageshack.us/a/img922/4799/w1BBs2.gif

http://imagizer.imageshack.us/a/img923/8938/ij6yRc.png

Oh my god! Is this a Wall Observer Hard Fork??!

This is a signal.

ON-TOPIC apologies,
100+ buy wall spotted @ Bitfinex @ $2490

Yeeeahhh..... unhhh... NO. Unilateral has no place in a permissionless environment.


kthxby

This she-wolf in little red riding hood's clothes has a message for you.:



                                                                   https://s21.postimg.org/hgzngrnkj/image.jpg (https://postimg.org/image/hgzngrnkj/)



Buy! Buy! Buy!

 :D

Small part of the wall swallowed, large part pulled. Looks like the whale didn't get there in time.

Let the longest thread survive.

I am trying to post in the original thread but it seems the difficulty is too high for my posting power. No single post has been mined since this morning. If we don't do something the original wall observer thread will die. Maybe change PoW?

#movetheoriginalthreadtometaandunlockit

Do you have the stamina to stick around?

It always looked to me as a very amorphous HS at best.

Those chinese bastards developed PSICs - Posting-Specific Integrated Circuits!

https://bitcoinmagazine.com/articles/bitcoin-price-analysis-double-bottom-reversal-chases-out-bears/

I like that. http://imagizer.imageshack.us/a/img923/4856/1wFovJ.gif

http://imagizer.imageshack.us/a/img924/4358/SDQwai.png

Pretty convincing to me.

Saving myself for future references on page 2 of the new epic wall observer thread.

Good Morning/afternoon/evening/night Bitcoiners!

This wall is now in it's third edition. Thanks Meuh.

Its been a long time since we've had a poll....

Yep...   Thanks for taking the initiative to start a new WO thread.

Would be good to 1) bring back polls, 2) acquire some kind of chart posting bot, and maybe 3) reword the OP in such a way that it says that this is a continuation of the old WO thread.

Also, a link to the last Wall Observer and the original would be good too.

Do you mean this one: https://bitcointalk.org/index.php?topic=85687.0

What if I told you that the original wall observer thread was not the original wall observer thread?  They have destroyed it many times before... https://getyarn.io/yarn-clip/f15da6a9-ab8b-4b49-b7b9-29f8e03a4641

Oh, didn't know that.... Why did it happen last time? I don't think there were too much altcoins talk in early 2013, or did were?

This message by Theymos explains the most recent locking of the previous Wall Obs. thread:
https://bitcointalk.org/index.php?topic=1990962.msg19827736#msg19827736

I loved WO because people posted all kinds of random stuff. Is that allowed in this new WO?

Nice initiative from Meuh6879 to start a new one asap :D

Indeed, if you have an opinion on the future of the thread, that's where it should be voiced. Personally prefer for the old topic to be unlocked and moved to off-topic, rather than rebirthing it in bastardised form here.

I do agree. I did in fact enjoyed most of the "offtopic" (isn't all speculation?) in Wall Observer. Let's face it... there's not that much walls to observe this days, and most of the times they are irrelevant to the price in comparison with other stuff (yes, altcoins and even complete shitcoins too!).

Heck, I even had some fun with the trolling of roach and his shiny metals. Or the ridiculous memes.... everything.

I vote for moving the old thread to offtopic or some other section where it could keep as it were. Maybe we could ask theymos to temporaly unlock it and make a poll about what most people want to do with the thread?

In the end, the owner of this forum can do whatever he wants with threads; however, I find it difficult to understand why the owner, would not see value to have a "go to" thread - even if technically, it is off topic or whatever. 

Seems to brings value to the forum overall, but apparently, since there was a decision to lock the thread, Theymos does not see the thread as valuable to the forum?

Well, no wonder the thread was never updated or moderated, adam hasn't been active since last year and his account got banned.

I was thinking why there's a few pages and after reading thread related to the old wall observer thread. I realized that this is a new one. Oh well, nice initiative. People still talking about the old thread maybe it's now time to continue what's left on that thread and back to the speculations and prices about btc and limit those FUDs, trolls and other's that doesn't have something to do with the discussion.

But he's still about as killerpotleaf

Wow, news flash.

May I just say it's was banned just in time. I mean it lasted off topic for 5 years and  17200 pages so admin is on the ball here.

Yeah actually I'm uncomfortable if he's uncomfortable.
Needed to keep the regulars, especially the Legendaries, on board.
Needed a very neutral set of rules in op to get anywhere near back to where we were.

I´m going to build my own wall-observer thread. with black-jack and hookers.

So, what have I missed? What's going on???

theymos "doesn't get" wall observer so he shut it down as it's too much work for his lazy ass moderators to keep the trolls out ... go figure, probably the most popular thread on this forum and he 'doesn't get' it.

jbrehrer and the big-blocker nutters don't get why moderation is important to keep trolls under the bridge so he's gonna rage-quit the reborn wall observer (he rage-quit with his first post so its questionable whether he ever really participated so it's not a true rage-quit in the usual sense)

other than that I think you're up to speed.

Can't the thread be moved to off topic and we continue as normal?

I had so much invested in the pre fork Wall Observer thread. Does that transfer over? Does this thread support more transactions?

As to the point of the old thread...we are all here discussing the bitcoin price but sometimes we get bored and want to talk about other things and there are some really smart people in this thread who have been around for a while.

As for Litecoin and Segwit. The price was about 3 dollars forever. It started to climb to around 9 when bitcoin started rising. Then they announced Segwit implementation and it flew up from there.

That is hilarious.

I surely have thought about jbrehrer as a "big blocker nutjob," but I never even thought about Jbrehrer post in this thread as a rage quit.... hahahaha... great humor... a fun personal attack that captures meaning in the bitcoin community.

Unlike some of those other nutjob ragequitters, I'm sure Jbrehrer will be back, because he cannot resist being where the "action is."  hahahaha   Actually, there may even be a bit of a pattern in which ragequitters do come back.

I think it defeats the purpose if you move it to "Off-topic" because it was effectively the landing page for noobs who wanted to find out about price action with bitcoin (i.e. essentially all bitcoin noobs). This is how the bitcoin noob experience has gone for thousands ...

they go... google search bitcoin CLICK ->
.... hmmm, bitcointalk.com, yep, that looks popular want some of that goodness CLICK ->
... hmmm, Speculation (yep, that's what I'm really here for hehe) CLICK ->
....hmmm, what's this massive long-ass thread with millions of views, yep that's what I want to read WALL OBSERVER!-> CLICK bang, done, arrived \O/
... and down the bitcoin price discussion rabbit-hole they fall   :D

The landing page effect of the rough 'n tumble feel yet warts 'n all authenticity of Wall Observer should not be underestimated.

Guys
SegwitX2 mining is falling back this early morning iT was 86.2%
Now iT is 85.9% is this bad ore good? Any information about iT
Can someone explain that is not bad news?

Just 1 week to find the marks (and rules over all participants).

http://imagizer.imageshack.us/a/img921/4762/rmbXqV.jpg

Walls are built to be destroyed, eventually.

Let's rebuild one  ;)

... it's the new 'driverless-bus' form of OP-moderated journey, can be a bad trip when passengers like NotLambChop or the mETH heads try to grab the wheel.

yes that is exactly how I found it several years ago - and so long as I scrolled through some old man porn, some antisemitisim, the coyote etc there were some very informed posts that were technical in nature but explained clearly so I could understand.
But key is that the mood/tone of the thread was fun to read so I kept coming back - surely the very essence of why forums exist.   

I vote for a solar wall then. The resulting ROI could be used to pay a moderator salary too! :)

Yep! I agree! I loved the random nature of the Wall Observer thread including it's off topic ramblings. In fact, the off topic ramblings and rockets, moon landing gifs and general weirdness are what make it a successful thread.

To quote someone else (who said this a long time ago somewhere else in the Wall Observer thread.

"This thread is a bit like going into a bar to meet all your friends and all of your friends want to talk about Bitcoin"

i hope this thread will as good as the original one.

Someone else said it was a social thread, not just for discussing walls and prices. The new one won't be the same if the random off topic ramblings and GIFs aren't allowed.

omygod, heres the NEW THREAD!  :)


Pattern still holding, high yesterday 2566, now descended to lower 24xx area. But the room is getting tighter, it will have to break somewhere soon :)

Common sense dictates, that we will retest heights before retesting lows. I am getting way ahead of ourself, but I am willing to bet 0.1 bitcoin, that we will retest 3000 USD per bitcoin in early july.  ;)

Feel free to harass me, if it wont come true. I am not professional wall street trader.

By the way, have a nice weekend guys.

don't QUOTE an continious previous message.
simply answer.

multi-long QUOTE will be deleted.
think "Pruning".  :-*

Omg such sensor ships already. That's it.  I'm out!

Good morning Bitcoinland.

Still bouncing up and down within a basically sideways range... currently $2555USD (Bitcoinaverage).


Excellent. I've always been annoyed by people who just hit the "quote" button regardless of how many previous quotes are included. I guess they're just lazy.

I also think more people should learn how to reduce the size of images. A width of 300 for portrait images and 600 for landscape images should be more than enough. If you're just quoting an image that's already on the page, a width of 100 is sufficient.
________

May I suggest a change to the thread title? I realize you want to put your own stamp on the new thread but I always liked Adam's choice of words when he renamed his thread after removing MtGox from the title.

It's all about BTC/USD price tracking and discussion. Especially the latter.

Been a while since you visited these parts.  How has the bull run been treating you?

Agree with this, something about the new title definitely doesn't sit right with me.  ;D

I think the word 'lifes' probably has a big part to play in that

*Pension funds are crumbling down! (all over the world)

*Banks are going down!

*Silver starts to have some action!

*Bitcoin seems to be in some ultra mega huge coil that will be ready to snap at the end of its whip!

*People seem to be lacking confidence in government or their structures and start to give up hope in anyone else doing sh!t for them!


We gonna party hard and become the new slave masters of those broke ass pensioners that we will put their asses back to work and break their backs for us in the hope we will give them hope for a piece of bread at the end of the day!!! Rock & Roll baby!!!   \;;/  :D  :D


https://i.imgur.com/zADxjqq.gif

Looking at the 6h. Price needs to break 2600 here forcefully and with volume, otherwise will bounce lower.

Who cares anymore... we are rich anyway!!! :)


Btw... does anyone know any "crypto companies/corporations" ?? ( That are not registered to any state or pay any taxes to anyone, but they still exist and activate on the "blackchain"(::) :P) by the will of the people that receive services from those 'ghost companies' )

Since we are in a new thread, I will repeat again, that I believe that $2,700 is a more significant resistance point, rather than $2600.

Seems like we are likely to blow right past $2,600, and $2,700 will be the "true" test of whether we are going back into the testing of $3k resistance.

On another note, it remains quite amazing to continue to witness the dynamics of the walls as a kind of contrary indicator of price direction.

Currently, ask walls are building the fuck up, and therefore, it is beginning to feel that we are going UP..   It is almost as if the higher the wall differentials (between bid and ask) on the ask side, the more likely we are going UP...

I will concede that trade volume of the past 24 hours has been mediocre and even down - however, trade volume for the week is definitely on the above average, and in that regard, on a weekly basis we continue to have high trade volume.. and also in that regard, the lower trade volume of the past 24 hours, likely just adds up to a kind of coiling effect.

Therefore, hang on boys and girl.   Let us head to $2,700 and see where we can go from there.

Bitcoin will keep mooning... the dollar continues to slide!

Why does it feel like this thread already hard forked? Now I see why hard forks are bad.

Just like cryptos, first out of the gate gets the advantage, especially if it's also the best.
___

Thanks for the name upgrade Meuh. I like what you've done so far. Keep up the good work.

This feels like home already.

This isn't the reborn WO thread. It is a shallow impostor.


Confirmed.

Tightenering of the rules in progress ... http://imagizer.imageshack.us/a/img913/8247/EVgr3z.gif
https://bitcointalk.org/index.php?topic=1991115.0

I understand that blatant shilling of alts is forbidden but... Any reference to them is forbidden? Is it allowed when it is related to the price of Bitcoin? ie: *censored* market cap grows over Bitcoin and that causes a crash... or the oppossite, *censored* crash hard and bitcoin moons... can we comment those movements?

Or... When Segwit signaling keeps growing and is clear it will pass, can we reference how *censored* mooned when the same happenned and compare the two graphs, etc...

TL;DR; Any reference to altcoins is estrictly forbidden or does it depends on its context and relevant price influence over Bitcoin?

P.S.: I don't observe any relevant walls at this moment.

   

Moderator rule (already tested in the 1st page of this subject, my response has been deleted = Legit).
You can "say the word" but don't display graphic or link (use an other thread in the right "alt" section to follow the white rabbit).

We are in a Bitcoin forum.
And ressources are spend for this.


The 1 week.
Need time to purge the mind of all participant from old habit.
Moderator team help, too.

This already feels like a dictatorship... did Big Daddy Bitcoin thought you to be like this?? Where is the spirit of freedom and breaking the rules?? Showing the finger to the banksters!  ::) (moderators) .. :D :D

I agree that we may need some clarification of the intent to enforce some of these "tightening" rules.


And, yeah, regarding alt discussions, I can understand if someone is coming in to merely pump some stupid-ass alt, yet this is getting really confusing in recent times, because there are really decent, even though sometimes ambiguous connections of bitcoin's price movements, and especially ETH... sure, at first that stupid ass shit coin had little relevance to bitcoin's price movements, but in recent times it is considerably connected - sometimes moving in correlation, sometimes opposite and sometimes extreme.. which is also connected with some ICO's that can cause a considerable amount of disruption in the space but end up affecting bitcoin price movements and even potentialities (speculation) in price movements.

Regarding length of quotes, I seem to be guilty as charged when it comes to overquoting.. and therefore, I can understand why these quoting of the full post might be irksome, but some times it seems necessary for context. Anyhow, since the link is likely in the quoted portion, then maybe it is just a matter of getting used to.  I just sometimes have a problem that someone makes a comment, and then we do not know the context or from where is the reference, and sometimes it may be better just to have the quote right there in that post in  order that the reader can know the reference.   

I am just pleased me can all share a load of shit once again on the same thread. Thanks meuh.

Frequently, I don't agree with you SaveT_R_F, but you making a very good point... loose the goose, and loose the bitcoin  and loose the rules.

To be honest those shill new accounts that ppl make... and those people that come to spread rumors and decay & despair are actually fun most of the time!  ;D  :D


*edit: I come here mostly because the collective consciousness that works well when new things or news appears that is too hard to find from my perspective. Because some things you can get from the numerous wiki-ies info websites, but not other information, factual things about specific circumstances! :) ... And the entertainment ofc... most forums are active because of entertainment! (I'm a simple man... I like memes! :D ) ... Anyway... there could be more.

And u can short me with #STRF or @STRF ... its easier to type that. :)

The thing is I liked WO exactly as it was. Does that mean I liked every content? No. That I agreed with all opinions? Of course not!

It's the diversity of opinions and topics (some times only indirectly related to the main subject) that I liked the most.

I will never be in a forum or "discussion" where we all agree on everything. There's no learning possible in that situation and thus pointless for me.

I do agree that most of the time we were NOT talking about walls as the title and rules of the thread would suggest.

I understand that for the participants of WO that were ONLY interested in STRICT Wall Observing, the actual content of the thread was probably a PITA for them as they would prefer a thread with only a couple posts every few days (when walls are spotted nowadays).

Maybe a possible solution would be (as theymos suggested) moving the classic WO with all its previous content to offtopic section so that it can go on exactly as it was and leave this thread for strict Wall Observing? That way people can choose what way to go and time will tell which is the preferred choice... or just simply happily coexist both alternatives.

Ok boys, let's get on with speculation. This happened exactly as I said it would, price failed to bust through 2600 and is now moving lower.

Anyone wanna speculate where the price goes next?

I speculate  that 2600 will be broken tomorrow and then a $50 dollar jump within 24 hours

StockRSI indicate ... a pump in the near future.
And Volume indicate that they don't have any fuel to purge more.

http://imagizer.imageshack.us/a/img923/5425/GWdstX.png

At some point, I may have to eat my hat, but I think it is too early to call a failure to break above $2600, even though technically you are correct, for the moment...   :P :P

The current price range seems to be about $2400 to $2700... Let's see which we are going to break?   Up or down?.. But at the moment we are in the middle of the range..  .

Maybe we are both correct, but just framing the question a little bit differently?  hahahahaha.. otherwise, if we end up breaking down, below $2400. then I might give $2600 to you...  8)

I speculate that the price will ping pong between $2500 and $2600 for the whole of the next week. After all the volatility we are due some stability.

I understand that posters frequently are wishing for price "stability", but your range is way too narrow, Hi-tech, and we have way too much ongoing trade volume - so it is not going to be easy to keep the price in such a tight range.. for such a long period of time.   Sure, it could happen, but there is just too much going on... and like it or not, even the trade volume in the various alts is remaining out of control and one way or another are going to have an affect on BTC prices.  I don't know which way, but I just think that the odds of flat is one of the least likely of the possibilities, at the moment.

Remember to short the QUOTES.

- keep the last sentence of the QUOTE.
- the date in the QUOTE is the marker (link) to retrieve the initial message.

---

Rise of the rules in progress (Enforcement).
Stay in the subject.

I'm kinda feeling the same, that we're going to stay in a narrow range for a while. Actually I think between $2400 and $2600. Seems like 'someone' wants to extend things out as long as possible until... August?

I can't imagine why.  /s

For anyone interested, Theymos has posted a poll regarding what to do with the Wall Obs. situation:

https://bitcointalk.org/index.php?topic=1993570.0

Is that what you have been asked to do, or what you want - I really don't think (unless it's excessive) it is a problem. Sometimes a long arument needs quoting in full to show how it developed.  Unless it's an argument with JJG of course ;-)

I really don't want excess moderation, the WO was legendary because of its anarchy (and in spite of it) please let's keep it laissez faire..?

The only moderation I would really like to see is one against neo-nazi anti-semitism.  This is IMO unnacceptable. All else, even trolling is part of the show.

We are grown ups - please respect that and save yourself a lot of stress?  

I will observe the thread in the hope it is as relaxed (in general) as before and respects Adm's legacy, which was to create one of the most amazing threads on the internet.

I should be treated like everyone else.    :'( :'( :'(

Tomorrows here. $2520 atm. (23h in xD it was at 2550 last time I looked yesterday)

Good : https://bitcointalk.org/index.php?topic=178336.340820

Bad : https://bitcointalk.org/index.php?topic=178336.309820

Using Bitstamp it looks like we are hovering around $2550.For other exchanges the price may be different but the chart pretty much looks the same. Everyone is waiting for some news or happening.Right now no one is really willing to buy or to sell. Furthermore we are in symmetrical triangle. I hope with SegWit getting locked and activated in August we will breakout north and trying to go for $3000 again.

http://fs5.directupload.net/images/170630/3np2o7gd.png (http://www.directupload.net)

I have seen this reasoning a lot. I wonder why almost everyone here assumes that it will break the triangle north and not south...At the moment I am 50%-50% and I have no balls to sell or buy more until it is broken.

The inflationary dollar is under a lot of pressure.. I am betting north.

Because we will get SegWit for 100%! Either with shitty SegWit2x by Shilbert which will activate SegWit or we will get it via UASF BIP148!
That's why I hope and believe we will go up. At least for a while before a few weeks later the battle in terms hardfork begins.
What could happen to the price regarding that is another story.

So what's up with coinmarketcap.com atm? Do they know something that the other bitcoin price tickers don't?  ???

http://i247.photobucket.com/albums/gg152/bfeagin/random/cmc2.jpg

http://i247.photobucket.com/albums/gg152/bfeagin/random/cmc1.jpg

Edit: some weirdness going on with their site right now, hope it gets fixed

Yes, data server for graphic is OFFLINE now for me.
(It's the fault of the new ICO Ad banner on Coinmarketcap ?  ;D too bad ...).





Others tools work for day-by-day surveillance.

http://imagizer.imageshack.us/a/img922/2109/VI5lC8.png

That's the problem, I never speak for myself. I'm someone that decides if the work of others is valuable and has any artistic value in it, if not practical. But keep sitting there in your bubble feeding yourself your own thoughts. ( I do believe when you come across to unrelated people keep telling someone that same points of view or similar concerns, then it means that there is something there not complying with the environment! ) :)

Just out of interest JJG, where are you from?

Me personally I am British and still live here in the UK.

It's funny, for all the walls of text, I have no idea who JJG is. He's like a really verbose enigma. :D

I don't like to give too many personal details, especially when it's relevance is questionable, but I am a native speaker of english.. and in the US...

Even though I may ramble a lot in my posts, I have a lot of experience writing through education and work and experience.. so it seems a bit nonsensical that I have some folks accusing me of being difficult to understand, and suggesting that I am convoluting my points.. and they certainly don't need to read or to attempt to follow any points that I am making...

Sure, from time to time, I may stream of consciously compose a sentence that is 100 words long, but so what?

My point is that there can be all kinds of styles and presentation methods and some of them might be rushed together and other presentation may be more methodical, and it seems to be a bit of a distraction to get caught up on style rather than substance, no?

. either you want to read the writings of a poster and you can relate or you skim them for whatever useful information might be there or you ignore them. 

Each of us personally do not need to benefit from each of the posts of others in order that others might benefit from certain styles and or substantive presentations, no?

You wrote several times that your posts aren't too long.

All saying almost the same thing.  Just slightly different phrasing.

---

You should really trying appreciating the irony here...

So fucking what?

Whether I go back and edit with possible goal of brevity or with a goal of repetition or not is a personal discretionary matter... and you can choose to read or not. no?

Further, maybe I have decided to repeat points in order that the points sink in through repetition, possibly?  but in the end, it does not matter whether I repeat points or not.. because that is within my artistic (or lack thereof) discretion, no?

Weekend dip??

It's gone below $2500 and I was hoping for a stable price this week. Perhaps a few traders are panicking that we might get a repeat of last weekend. Hopefully it will soon return to prices above $2500.

End of the week + Begin of the month.
Usual.

http://imagizer.imageshack.us/a/img922/1292/vRPJ74.png

It's boring. http://imagizer.imageshack.us/a/img923/6105/MnOpp9.gif

https://seanja.com/secret/countdown/gif.php?time=2017-08-01

Hoping is not realistic.

there is way too much ongoing trade volume in order to hope for prices to stay in such a small range for such an extended period of time, like you were suggesting.. and seemingly continuing to do so.

Maybe our current trading range is somewhere in the $2,350 to $2,700 price territory-ish?  So, it is a bit too early to get excited while the price is moving around in that range.

Yeah, we are migrating towards the lower end of the range, but it seems quite a bit too early to start panicking, yet.

Watching the price action and low volume and velocity lately is really weird. It's like someone just set the trading bots on 'auto pilot' and walked away from the keyboard for a few weeks.

Such apathy.

Of course I've seen this behavior before. Remember it well. It was the summer of 2014...

Theymos is asking for a list of who might want to take over the old WO thread:


Just spreading the word on all the new threads.

Some traders have probably set low bids, and are waiting for the price to crash. Others have probably already bought and are waiting for a rally. Nothing's likely to happen until one group or the other blinks.

Ooooh, good catch (1st August-BIP148 identical pattern). http://imagizer.imageshack.us/a/img911/3594/BaJEQJ.gif

http://imagizer.imageshack.us/a/img924/2261/1kQtGd.png

Note : SegWit from 33% to 40% in 9 days.  8)

I think it's just people waiting for a future event.

SegWit not activated in July-August safely = 2014-ish behaviour, possibly moving into a bear market.

SegWit activated in July-August safely = moon.

Right now no one knows what's going on, so nothing is happening.

Or the other scenario: Segwit activated = a brief bull trap rally, followed by a crash ("buy the rumor sell the news") or simply a continuation of a downtrend already in progress.

Sorry to sound bearish, but if you are going to be a completionist you have to at least consider this as a possible outcome as well. Even bulls should be prepared for any scenario.

OK, fair enough.  That's a pretty likely outcome actually.  Litecoin, for example, settled for a while after SegWit activation before it got caught in the hype of the crypto bull market.  Bitcoin could do the same - people buy in when they expect SegWit to happen or when it's locked in, then they don't know what to do after that until other cryptos lead the way (probably bearish).

I'm not worried anyway.  I bought most of my coins way earlier than this, so I'm pretty safe with my stop loss set down low.

I'll definitely be sitting on my coins till August 1, even if there are rocky seas ahead. The outcome may not be what we expect but at the very least I see us breaking $3000 after that. What happens before is not going to have a huge impact unless some exchange gets hacked again or a major bug.

Good morning Bitcoinland. Same old, same old.

Still bouncing along sideways, right where we were 5 days ago... currently $2470USD (Bitcoinaverage).

Coiling for a big move, or just the summer (northern hemisphere) doldrums?
_____

It seems that new wall observer threads are popping up like mushrooms. Until another one gives me a compelling reason to move, I'll stick with this one, the first and most reasonably structured.

We can have the old one back if anyone trusted (like you) would put themself forward as a mod  ;)

Theymos is asking for nominees.  So far seems there's been only one expression of interest. 

I have a real difficult time appreciating how both of you seem to be of the conclusion that here is either apathy or some kind of low BTC trade volume.  I wonder from where either of you are getting such information in order to arrive at such conclusions.

Sure, we have a little bit of trickling down of prices, but this trickling down is not coming without a fight.  The ongoing trade volume is quite stupendous, especially if we consider it in terms of the weekly and also in terms of the USD value in comparison to earlier times, including 2014 or 2015... my gosh, we seem to have way more trade volume.. at least 5x.

yeah, we might have a periodic phases of 12 or 24 hour period of lesser trade volume, but looking at the weekly, the trade volume adds up... and I don't think that you can really come to reasonable conclusions if you analyze trade volume periods of time that are less than a week, even though you can look at multiple candles that are much shorter, going down to 2 hour candles, as long you are looking at them over a longer period.. such as a week.

The good news is the MEMpool : almost empty (1,5 blocks of delayed transactions = ~3500 transactions).

http://imagizer.imageshack.us/a/img923/2774/d5taNn.png






The bad news : Bear trap ahead (China Exchange flat line).

http://imagizer.imageshack.us/a/img922/9512/qXdHVi.png

https://coinmarketcap.com/ is already RED ...

Boost for monday : https://bitcointalk.org/index.php?topic=1996715.0

http://imagizer.imageshack.us/a/img922/1185/G1NKEN.png

That's because Jihan and Co. have reached their intended goal already and there's no need to waste more money spamming the mempool. Sad but that's how it works now, I hope we can break the iron fist of the mining companies one day but it's unlikely given the way things have been going recently..

So I guess going from >$2M in 24 hr volume on June 6th, 10th and 12th when prices were higher to <$1M now while prices are lower is not apathy to you? The total market cap has dropped from a peak of $48B to now $39B.

Also 24hr trading volume alone doesn't tell the whole story. It's a big difference in volume that is mostly buying (bringing price higher) vs. volume that is mostly selling off (bringing price lower). Like the massive selloff dumps on the 14th/15th.

Whales selling into their own walls is not real investor buying imo.

The good news that we haven't made a lower low yet since this bull run started. Until that happens, we won't really be able to grasp what the immediate future holds.

I'm hopeful that the bull run will keep going from here.

I imagine it won't be long before we get another one of those buyable dips the kids are always talking about at parties. With those fidget spinners and whatnot.

Aren't you moving the goal posts a little bit?

Initially, you were comparing to summer 2014, and now you are saying that we are shrinking from a few select days earlier in the month.. of course there is going to be variance, but overall we have a lot of ongoing trading pressure - and yeah of course the price could continue to trickle down.. and there could be a fairly long trickling correction all the way back down to $1200.  We were only at $1200 a few months ago.. but even to return to those price levels, it seems pretty likely that we are going to continue to have a decent battle that does not really seem to rise to the level of "apathy" as you are asserting.




Sure, you are saying something similar to me, here.  We have to look at the whole thing in context and to look over several days and several weeks, which seems to be partly what you are doing, too.



That's nonsense.  You like to make these wild claims of manipulation and act as if there is not a very large market.

Yeah right.

Sure, when we look at exchanges, we are going to have a certain level of professionalism that is attempting to push prices in one direction or another, but they are also somewhat restricted, too in terms of how many coins that they can get and how many they are willing to trade or lose and price pressures that come through other non-exchange sources too.



Well, yeah.  It is far from over yet.  We still seem to be in a kind of $2350 to $2700 trading range, and we gotta break downwards several times before it really becomes some kind of problem that even comes close to concluding that there is some kind of end to the ongoing bull run..

And, I will also concede that we could be in the early stages of moving from bull run to bear market or even flat, but we got a long way to go in terms of time and also in terms of price movement to reasonably make such conclusions.. for example below $1200, and even then, may not be a bear market, merely a meaningful correction.

How possible is to do a change of POW, something ASIC resistant, so people can start mining again, the net decentralizes and we get rid of the Jihan mafia?

I don´t understand how its not been discused yet.

So we killed the original thread, kind of sad leaving one of the old monster threads around is classic in a sense.
The impressions alone are basically enough to justify its usage casual and old alike.
It really should just be left around but vote in the poll
https://bitcointalk.org/index.php?topic=1993570.0
Oh well leaving a placeholder in the new version for now and watching the coin range stabilize around 2400-2500 for now.

Oh, it's possible... but for all intents and purposes, when pigs fly ... seriously, so many alt coins already doing everything else but SHA256. Any coin that remains POW will eventually have an ASIC, unless it is part of the coins protocol to continuously change the algo, or up the requirements (memory, bandwidth, registers, cpu thingies ...)

As your term suggests "ASIC resistant" will not prevent ASICs from ever appearing.

Some coins have a "potential" change of POW to POS that's why no ASIC is being developed for it, because the owner or developer of that coin can change the code at will, or fork it because he wants to.

I've always thought Google search trends are an underrated way to measure hype.

Bitcoin search trends right now are showing the apathy that some of you are talking about:  https://trends.google.co.uk/trends/explore?q=%2Fm%2F05p0rrx (https://trends.google.co.uk/trends/explore?q=%2Fm%2F05p0rrx).

However, the cryptocurrency trends (https://trends.google.co.uk/trends/explore?q=%2Fm%2F0vpj4_b) and blockchain trends (https://trends.google.co.uk/trends/explore?q=%2Fm%2F0vpj4_b) have not been acting in the same way.  This could imply that users this time around have matured about the technology, and potentially that the speculation is less feverish (a bullish sign in the long-term).

Oh, it is. There are Altcoins and almost each of them moves the mining process away from Bitcoin ASICs, or developed a replacement mechanism for distribution. ASICs seems to be able to catch up a little on scrypt or x11/13/15 family, but not enough.

Mining overcentralisation exposes the biggest investment risk upon the biggest monopolists. If people decide to vote with their feet, they will loose everything.
And almost all of this BTC economy sells stuff to customers *outside* of china, namely US or EU states, and got absolutely not that much of an addiction pointing at Peking.

Sell the news before Monday ... ?

http://imagizer.imageshack.us/a/img922/9061/JFYrxY.png

Looking at Stamp. Would love to see bitcoin blast right on up through the $2520 level right here, and then smash through $2550, all in one go.

But alas it appears we're gonna just stay in this triangle until resolution.  Without building buying pressure it will likely resolve downward.

Stamp has a negative trend roughly showing lower highs for June.   Its right at that ceiling now, a break above that should show further rises I think as we are less capped.

I dont think segwit is a sell the news type dynamic if it is actually enabling greater transactions, this is a positive event and volume of trade is rising.   Doesnt then match a top in sentiment, we have already had many doubts expressed in the price and selling repeats at these prices.    Overall that selling is a positive to confirm and build up volume above 2000 which overall is new ground.   I still dont think we are negative, very hesitant compared to the previous positive trend though.

Also Stamp is fairly clear in a longer pattern of higher lows, they are spread out further though and each represents higher volume at those times also.  i would guess thats the stronger trend, watch 2440 for that reaction

Good morning Bitcoinland.

Still futzing along sideways... currently $2483USD (Bitcoinaverage).


Unfortunately I have neither the time nor the inclination to be a moderator.

While I'd love to help, I'm not cut out to be a cop.

I'm also usually much too busy. This is why I often only post at morning coffee time or when I'm extremely hung over and staying home to recuperate.

Jimbo needs to be careful that he doesn't die of liver failure before he becomes rich from his bitcoin investments, lol.


Edit: Moment of truth, we need to solidly break $2520 on Stamp...

test -- test:

is this the WO- or the NWO-thread now?



BTW: Hash Rate is picking up speed.

 :)

If there can be more than one moderator for this particular thread, that would be awesome, and many of the regulars can be mods, not just one person. On self-moderated threads, the only power of the mod is to delete posts. A "real" mod can edit posts.

I feel the trap on mid-july ...  ::)

http://imagizer.imageshack.us/a/img923/2918/6OYTTw.png

Popping above $2520 on Stamp was a good sign. Next target should be ~$2550 area. If we can break upward through that with force, we should be in the clear to maintain uptrend for a while longer....

Is it too early to say that we have just broken the infamous triangle up up up!?  :D

And now, it's a monday ...  ;D

http://imagizer.imageshack.us/a/img922/323/bA3mUI.png

hint : https://www.cryptocoinsnews.com/south-korea-preparing-legalize-bitcoin/ + Japan + Australia News.

Push, push, push ! http://imagizer.imageshack.us/a/img924/1746/v45urg.gif

http://imagizer.imageshack.us/a/img922/3613/BdiKHX.png

Pre-Segwit pump inc ?

too early for me (wait the mid-july for that).  :)

That is possible. Good to have a high price pre-segwit anyways as it'll be unsafe to spend around 1st August and price may dip a little then, although I see the price going up still before that happens. I'm just hoping we can climb back to 2800 again before setting sights to 3000 or 4000.

3200 USD before SegWit is a good goal for me.
and then, 2 weeks of HELL descente in august.
http://imagizer.imageshack.us/a/img921/3091/oJm0c3.gif










and then, 2x time more on september (yes, 6400 USD).
http://imagizer.imageshack.us/a/img924/5384/gh7xps.gif

Looking good so far. It doesn't appear that alt selling was used for the pump, so that's a good sign. Short squeeze maybe?

And hashrate on the rise again, yay.

But we need more buying volume!  MOAR!! Buy all the bitcoin!!

Nice little pump we have here.Probably a bit too quick and too early.
Let's see if we make another small down swing before breaking out of the actual triangle.

Good morning Bitcoinland.

I see that while we're still going basically sideways, it edged upward to a new high for the week before dipping a little... currently $2563USD (Bitcoinaverage).

Hopefully we'll continue creeping upward.


Lawl. Don't worry about my liver. My hepatologist is the head of the Liver Foundation of Canada and he completely cured me of my hepatitis-c last autumn. During the treatment I continued to drink excessively. It didn't cost me anything.

Thank gawd I live in a country with a robust "socialized" healthcare system.

Goldman see 4000 USD : http://www.zerohedge.com/news/2017-07-03/goldman-sees-bitcoin-soaring-high-3915


http://imagizer.imageshack.us/a/img922/6466/hY7b8H.gif

... ... ... and it's only the first week of july ... ... ...

The Goldman Sachsers know it well.
I see $7500 by December 31st (looking at your pick I might be even too conservative).

Goldman Sachs says bitcoin could run another 50%....

so sell immediately?  :D

I like this Novogratz dude. I like what he says, although I don't find out about it until a few days or weeks later.

joining new thread, pre 1st august break out with peak at $2800.

What does it mean meuh?

In the nicest possible way....shove your pointless rules, ok?

Thanks

https://bitcointalk.org/index.php?topic=1991115.0

Rule N°2.
If you don't like, use an other thread.

Well, I did respect you and this thread but with the greatest respect I was only asking what you meant.

I realised what I did so I then replied without quoting so go fuck yourself.

Thank you.

Delete away.


Edit. I was asking if you could explain your chart.

Pump & Dump with an exact 24h interval ? http://imagizer.imageshack.us/a/img921/58/mopygm.jpg

OP should go back to communicating entirely in Salma Hayek reactions.  ;D

only for 400 USD variation. http://imagizer.imageshack.us/a/img903/5932/Suzhvq.jpg

Solution in progress : https://bitcointalk.org/index.php?topic=2004227.0

http://imagizer.imageshack.us/a/img633/3096/vxubYe.gif