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

[inca]

<faintly plausible bearish crap>

Keep trying..

[pinky]

 The relative lack of interest by whales, compared to small fish, seems bearish too.

Why do you think whales are any different than small fishes? Psychology behind is the same - they will start buying after new uptrend starts. Whales are not any smarter or less afraid of falling prices. People are attracted to raising prices and not to falling prices regardless if you are millionaire or not. Simple fear and greed control markets and nothing else - fundamentals are bullshit, people were buying tulips, collecting baseball cards and similar shit.

[LFC_Bitcoin]

Small increase in price over the last 30 mins or so.
Only 5 dollars but every little helps.

[JimboToronto]

Good morning Bitcoinland.

No crash to double digits nor rally to 5 digits overnight?

Still going sideways?

I can live with that. Cheers.

[fonsie]

The last USMS auction not only had fewer bidders, but the winning bidders (except Draper, who got 2000 coins) were small fish who bid for 1200 BTC each, on average, and could not afford to bid for a whole 2000 BTC lot (or did not want to).  The relative lack of interest by whales, compared to small fish, seems bearish too.

You must be joking right? Now it's even bearish that small fish like yourself are buying small lots of BTC...

I bet if tomorrow, Bill Gates himself buys every single BTC available, you come here yapping and twisting every little detail until it becomes "Bearish".

The auction didn't have less bidders because of lack of interest, BUT because the bottom fishers didn't bother placing low bids.


PS: How does the suicide rate on your university compare to others? Is it higher?

[macsga]

PS: How does the suicide rate on your university compare to others? Is it higher?

THAT was mean...

[God27]

1 Ripple = 0.0175 USD.

Is it worth spending a couple of hundred dollars on Ripple incase it explodes?

Ripple consesus algo is faulty should be very careful

That's stellar's not ripple's.  Jed changed some code when he forked it....

[God27]

Ripple pump soon to be followed by the inevitable dump.

There is only the pump...

[fonsie]

PS: How does the suicide rate on your university compare to others? Is it higher?

THAT was mean...

Not sure why I even bothered asking, it probably is  

[God27]

1 Ripple = 0.0175 USD.

Is it worth spending a couple of hundred dollars on Ripple incase it explodes?

It already exploded, it is at around 3-4x since one month ago.

BTC already exploded 2 years ago... oh and a year ago....

[criptix]

1 Ripple = 0.0175 USD.

Is it worth spending a couple of hundred dollars on Ripple incase it explodes?

Ripple consesus algo is faulty should be very careful

That's stellar's not ripple's.  Jed changed some code when he forked it....

The blogpost of stellar says something else though.

[God27]

I don't understand why Ripple continues to go up so much. I guess the XRP trolls were right?

A lot of them aren't trolls.  A lot of them are bitcoiners themselves and don't see why you don't want to profit off of XRP. Why not use the protocol instead of these scary exchanges while XRP is hot and never leave BTC but keep getting more BTC with your XRP profits.?

[LFC_Bitcoin]

Ripple pump soon to be followed by the inevitable dump.

There is only the pump...then the creampie

[God27]

1 Ripple = 0.0175 USD.

Is it worth spending a couple of hundred dollars on Ripple incase it explodes?

Ripple consesus algo is faulty should be very careful

That's stellar's not ripple's.  Jed changed some code when he forked it....

The blogpost of stellar says something else though.

I would do more research for yourself just in case you don't miss a run from $0.175 to $0.06 or something.

[JayJuanGee]

...  ~Derp!
...

You are a bit slow today aren't you or not even trying. Let me help you out here, i know that following two threads back can be challenging. I said that "BTC adoption is great news" you brought up an irrelevant point that "Most people who "invest" in BTC don't do it to shop at Dell & NewEgg." as if someone remotely argued otherwise but no judgment here, so i naively followed that with explanation how your case is irrelevant and pointed out other cases to support my initial argument that "BTC adoption is great news" you got confused and started posting pictures of ponies. Can you follow that or would you like me to explain that with pictures?

Trolls do NOT respond to substantive arguments... unless they can make some kinds of quasi-on topic quips.  If the substance becomes very substantial, trolls, such as NOT not porkchop applies ponies, et cetera

[aztecminer]

I don't understand why Ripple continues to go up so much. I guess the XRP trolls were right?

np i will go buy a bunch of ripple and end that problem. hhahhahhahha

[God27]

1 Ripple = 0.0175 USD.

Is it worth spending a couple of hundred dollars on Ripple incase it explodes?

Ripple consesus algo is faulty should be very careful

That's stellar's not ripple's.  Jed changed some code when he forked it....

The blogpost of stellar says something else though.

Is this the post you are referring to? The last page shows the changes he did.

https://stellartalk.org/topic/6698-jeds-technical-explanation-of-the-ledger-fork/#entry67108

[JimboToronto]

BTC already exploded 2 years ago... oh and a year ago....

Don't forget the biggest explosion (bubble?) of them all, 3.5 years ago, the one to which the smaller bubbles of 2013 pale in comparison.

[NotLambchop]

The relative lack of interest by whales, compared to small fish, seems bearish too.

Why do you think whales are any different than small fishes? Psychology behind is the same - they will start buying after new uptrend starts. Whales are not any smarter or less afraid of falling prices. People are attracted to raising prices and not to falling prices regardless if you are millionaire or not. Simple fear and greed control markets and nothing else - fundamentals are bullshit, people were buying tulips, collecting baseball cards and similar shit.

It's not so much that the whales are smarter than plankton (though they generally are), but that they're not interested.
Bitcoin's beaux mondes have fallen on explaining away the clear dearth of interest in their cult with "Big money is secretly accumulating our coin off exchanges, to prevent slippage."
Lack of whale investors shows the absurdity of such notions, confirming the sad fact that permabuls' fantasy life is far richer than they'll ever be

[ChartBuddy]

Explanation