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

[ChartBuddy]

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Explanation

[BlindMayorBitcorn]

...and behold!



 

[ronald98]

we broke every trendline.... This is never going to stay stable above 200$ for much longer... Just one big guy saying he is done is enough right now

Bullish ? Bearish ?

Three toed slothish?

Pardon me ?

He probably means stagnatingish, but I don't suppose anyone's invented a proper word for it yet. Please let me know if there is a proper trading term for it, besides sidewaysish.

absolutelymindnumbinglyboringish

yay, nay?

No, it's still not a proper word, it's akin to mindbuggeringlyboringish and the like. Absolutelymindnumbinglyboringish as fuck just doesn't have the same ring to it as bearish as fuck, or bullish as fuck.

[BlackSpidy]

OMGs! Is this the weekend crash all the bears were talking about!? Meh.

[samson]

pro tip : tomorrow is a pump or a dump 

It's already tomorrow and the dumping has started 

[ronald98]

pro tip : tomorrow is a pump or a dump 

It's already tomorrow and the dumping has started 

We seem to be in a very slow motion dump. The whole bear market's been more drawn out and slow motion than anyone expected last year, and perhaps the pumps and dumps are taking on the same characteristic.

[yefi]

He probably means stagnatingish, but I don't suppose anyone's invented a proper word for it yet. Please let me know if there is a proper trading term for it, besides sidewaysish.

Modern-manish, because one's entire life is just so.

[pleaseexplainagain]

I call this stagnation thing gothic. not in the architecture sense but those young people dressed in black and looking glum/angry even on a sunny day. I am 61 and have seen goths since I first noticed them at about 11?. The number of goths leaving gothdom (eg to get married, take up jobs etc) seems to perfectly match the new numbers joining (ie from the 13-18 age group). So at any time over the last 50 years the same number of goths seem to be walking around.

   

[ChartBuddy]

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Explanation

[BlindMayorBitcorn]

I call this stagnation thing gothic. not in the architecture sense but those young people dressed in black and looking glum/angry even on a sunny day. I am 61 and have seen goths since I first noticed them at about 11?. The number of goths leaving gothdom (eg to get married, take up jobs etc) seems to perfectly match the new numbers joining (ie from the 13-18 age group). So at any time over the last 50 years the same number of goths seem to be walking around.

    

I'm not going to Google image search frantically for a goth sloth. If that's what you thought...



I'm a weak man.

[BlackSpidy]

[whine with cheese.]

    

When it's volatile, it has no future, because its use will not be widespread. When it's stable, all the sudden, it's stagnated. You bears are never happy.

[ChartBuddy]

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Explanation

[yefi]

I call this stagnation thing gothic. not in the architecture sense but those young people dressed in black and looking glum/angry even on a sunny day. I am 61 and have seen goths since I first noticed them at about 11?. The number of goths leaving gothdom (eg to get married, take up jobs etc) seems to perfectly match the new numbers joining (ie from the 13-18 age group). So at any time over the last 50 years the same number of goths seem to be walking around.

    

I'm not going to Google image search frantically for a goth sloth. If that's what you thought...



I'm a weak man.

lol, that's totally slothic.

[ronald98]

[whine with cheese.]

    

When it's volatile, it has no future, because its use will not be widespread. When it's stable, all the sudden, it's stagnated. You bears are never happy.

So you are saying stable-ish as fuck is a good thing? It might ensure widespread use but it's boring everyone senseless.

[ChartBuddy]

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Explanation

[JorgeStolfi]

I sold everything. Hope to buy back cheaper, when this whole core / xt-thing blows over.

Gavin's plan (as I understood from his posts) is to deploy a large-block version of the software now, but the change would be programmed so as to allow 20 MB blocks only starting in Q4/2016.

That way, hopefully most everybody will have time to upgrade to the new version and adapt their own programs to allow for 20 MB blocks -- including the major exchanges and services, and most miners.  If that happens, the critical date will pass without a ripple for those who have upgraded.  For the laggards and rebels still using the old version at that time, they will find that they cannot use the exchanges and services, or maybe even move their coins; until they upgrade too.

[kodtycoon]

I'm calling over 1000 by the end of August  

[Mrpumperitis]

I sold everything. Hope to buy back cheaper, when this whole core / xt-thing blows over.

Gavin's plan (as I understood from his posts) is to deploy a large-block version of the software now, but the change would be programmed so as to allow 20 MB blocks only starting in Q4/2016.

That way, hopefully most everybody will have time to upgrade to the new version and adapt their own programs to allow for 20 MB blocks -- including the major exchanges and services, and most miners.  If that happens, the critical date will pass without a ripple for those who have upgraded.  For the laggards and rebels still using the old version at that time, they will find that they cannot use the exchanges and services, or maybe even move their coins; until they upgrade too.

im a bit confused with this bitcoinxt stuff, is it another coin? why do we really need it? if its a fork, then we could have 2 chains of btc? is gavin an ass? how many coins have more than 1mb size? thanks

[Cconvert2G36]

I sold everything. Hope to buy back cheaper, when this whole core / xt-thing blows over.

Gavin's plan (as I understood from his posts) is to deploy a large-block version of the software now, but the change would be programmed so as to allow 20 MB blocks only starting in Q4/2016.

That way, hopefully most everybody will have time to upgrade to the new version and adapt their own programs to allow for 20 MB blocks -- including the major exchanges and services, and most miners.  If that happens, the critical date will pass without a ripple for those who have upgraded.  For the laggards and rebels still using the old version at that time, they will find that they cannot use the exchanges and services, or maybe even move their coins; until they upgrade too.

This is the way I understand it as well. Although the "losing" fork doesn't have to instantly die, we could see two Bitcoins. julian071... see you in 11 months?

Through version checking, we will be able to monitor the "votes" of the network.

[ChartBuddy]

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Explanation