Wall Observer BTC/USD - Bitcoin price movement tracking & discussion

[JayJuanGee]

What is the evidence of manipulation? Genuinely asking, not sarcasm.

Also Searing, we know it's you that's writing your posts.

You don't need to write Searing at the end of them.

PGP signing the messages...now that might be worthwhile.




Not Searing

hehehehe...   made me LOL


I'm Not Searing, too.   

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[blade87]

DOGE UP and on it´s destined way to beome THE dominant crypto! Sooner or later his little brothers BTC and LTC will follow, don´t you worry!

Bitcoin = Gold
Litecoin = Silver
Dogecoin = USD

Funny how market sentiment changes overnight like this. DOGE went from DEAD to back to number 3.

Just need BTC to do the same now.

[magicmexican]

oh ye that doge rise looks legit, definitely a time to buy

[amit123]

DOGE UP and on it´s destined way to beome THE dominant crypto! Sooner or later his little brothers BTC and LTC will follow, don´t you worry!

Bitcoin = Gold
Litecoin = Silver
Dogecoin = USD

Funny how market sentiment changes overnight like this. DOGE went from DEAD to back to number 3.

Just need BTC to do the same now.

Price manipulation should not be the answer as in case of DOGE I feel. as of now it seems like market is in love with 470$ I hope it goes up high

[JayJuanGee]

If we will break through $480 I will make a party, holding hard.

yeah me too despite my crisis of confidence....BTC will have to hit 150 usd or below for me to start to hurt

now then again the bad choice of the KNC Titan NO ROI scrypt miner 1st batch...that is gonna hurt..but has nothing
to do with the previous btc I mined.....bad choice on my part (in my defense knc went from the Pope to Darth Vader
in 1 year with all the $$$ they made I guess $$$ really really do corrupt!)

so figuring in the above NO ROI Titan....if it gets below $350 usd you could say that is the true cost

WTF in 30 years they will put me in an Assisted Living place if I'm lucky ..have to have something to talk about....

If you are talking about assisted living in 30 years, you must be getting close to your 50s?  I would have guessed that you are younger than that because many individual miners are probably in their 20s or lower 30s at that oldest, and if you happen to be in your lower 30s, then having assisted living in your 60s would be quite fucked!!  Take care of your health, and you should NOT need assisted living until you are in your 80s (absent some catastrophic event or unexpected disease).  You can lessen the likelihood of Heart disease and diabetes and a lot of those by cutting back on carbs and process foods and trying to eat whole foods that you cook yourself rather than restaurant foods... anyhow that seems to be getting into a whole other topic about preserving our health in order that we are gonna be able to enjoy the wealth that we achieve from BTC.. and don't begin smoking cigars like Risto, it is NOT a good habit, even though you may be tricked into believing that there is some sort of prestige in it.

[ChartBuddy]

Explanation

[JayJuanGee]

Someone noted that the LocalBitcoins BTC:USD volume has been increasing:

My short term outlook as a person that has a local advertisement to buy BTC at Bitstamp.  These are the OTC trenches outside of the manipulated buy & sell wall exchanges.  

Sellers come out in droves when BTC is above 500.  I don't have enough money to keep up with all the sell offers over 500 and I can discount Bitstamp to bring out the truly desperate sellers.  

At this current price in the 470-480 there is a huge lack of sellers, nada, for the last few weeks I haven't bought OTC.  My conclusion is that there are a lot of holders stuck above 500 that are willing to break even or sell at a slight loss.   Any rise above 500 is being met with strong sell resistance in the world of OTC.

I believe that there are a lot of disillusioned holders of bitcoin that would like to sell between $650 and $850 (however, in NO way are these a majority of holders), and many of these are going to want to jump back on board onto the bitcoin rocket once they see BTC prices going above $850, which is going to be a sign of the inevitable price movement in BTC and a sign that we are heading to a new ATH which will be much past the previous ATH.. likely into the $3 to 5K territory, and potentially beyond that.. . depending on the level of fervor and the amount of institutional money that is going to be pumped in during the next exponential price rise.


So yeah.. we are going to witness a lot of confusion and a lot of baby move attempts to continue to downward manipulate prices between the current price and the lower $800s... ... anyhow, this could take several more months to play out.. maybe even six more months.

[JimboToronto]

many individual miners are probably in their 20s or lower 30s at that oldest

Don't kid yourself.

I've mined for years and I'm 66 years old.

As soon as I need to put the heat back on, I'll be firing up the ASICs again.

[Eindbaas69]

many individual miners are probably in their 20s or lower 30s at that oldest

Don't kid yourself.

I've mined for years and I'm 66 years old.

As soon as I need to put the heat back on, I'll be firing up the ASICs again.

Wow maybe you are already dead when btc takes of.
Kiddin..

[JayJuanGee]

When in doubt HODL

You're preaching to the choir bro.

Hold On for Dear Life.

Hodl* On for Dear Life.

In otherwords:

HODL = HODL


That is saying a lot!!!!   

[empowering]

Doge having its day.

Every Doge has its day.

[JimboToronto]

many individual miners are probably in their 20s or lower 30s at that oldest

Don't kid yourself.

I've mined for years and I'm 66 years old.

As soon as I need to put the heat back on, I'll be firing up the ASICs again.

Wow maybe you are already dead when btc takes of.
Kiddin..

LOL That's what I told the chick down at Decentral when I bought a couple more coins yesterday.

Hopefully I'll never have to sell any of my coins (just spend what I must) and my nieces and nephews will inherit them all.

I certainly don't expect to be starving on my old age pension when I'm in my 80s and 90s.

I want to be able to hire and fire my own caregivers if I need them.

[Soccruo]

Doge having its day.

Every Doge has its day.

Probably this is near the end of their days, bubble is about to collapse

[empowering]

Doge having its day.

Every Doge has its day.

Probably this is near the end of their days, bubble is about to collapse

You are damned if you doge and damned if you doge.

[JayJuanGee]

many individual miners are probably in their 20s or lower 30s at that oldest

Don't kid yourself.

I've mined for years and I'm 66 years old.

As soon as I need to put the heat back on, I'll be firing up the ASICs again.

I know that I am making broad generalizations - certainly, I did NOT mean to imply that everyone falls in the age group that I specified.  That is the reason that I surmised with the qualifier "many."

Second:  Are you really a seasonal miner in that you believe that your getting a second purpose (heating) out of your unit justifies running it at faster speeds during the cold season and slower (or NOT at all) during the warmer seasons.  Personally, I would have speculated (again) that these machines have such a short lifespan (due the seemingly ever exponentially increasing hash rate) that you would want to continue to run them while they are still profitable and with the passage of time they are going to become, more or less giant paper weights.. or maybe ONLY heaters b/c they are otherwise running at a loss.

[fonzie]

I will let the rest of my DOGE run on their own for now, will buy back later. (thanks for 20 free BTC) 

[JayJuanGee]

many individual miners are probably in their 20s or lower 30s at that oldest

Don't kid yourself.

I've mined for years and I'm 66 years old.

As soon as I need to put the heat back on, I'll be firing up the ASICs again.

Wow maybe you are already dead when btc takes of.
Kiddin..

LOL That's what I told the chick down at Decentral when I bought a couple more coins yesterday.

Hopefully I'll never have to sell any of my coins (just spend what I must) and my nieces and nephews will inherit them all.

I certainly don't expect to be starving on my old age pension when I'm in my 80s and 90s.

I want to be able to hire and fire my own caregivers if I need them.

Fuck the nieces and nephews ( I don't mean literally).  Use your BTC profits to live it up in your old age and to use up all your money.. you don't need to support any heirs...


However, if it happens to be that you kick the bucket before you spend every last penny of your money, then so be it.. those little likely to be undeserving snot noses can have whatever is left.

[JimboToronto]

Personally, I would have speculated (again) that these machines have such a short lifespan (due the seemingly ever exponentially increasing hash rate) that you would want to continue to run them while they are still profitable and with the passage of time they are going to become, more or less giant paper weights.. or maybe ONLY heaters b/c they are otherwise running at a loss.

My first-gen BFL ASICs were obsolete last winter. By the end of winter even underclocking them wouldn't have helped.

Indeed I see my miner as only a heater. Even if I only earn a few satoshis, I still feel as if I'm contributing to the network.

[Christianne_Gottlieb]

classy.

[podyx]

I will let the rest of my DOGE run on their own for now, will buy back later. (thanks for 20 free BTC) 

lucky

send one to me bro