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

[ChartBuddy]

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[ChartBuddy]

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[ChartBuddy]

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[BRADLEYPLOOF]

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+1 !!!

[ChartBuddy]

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[nioc]

My transaction was not included in the last 2 blocks which were 912.39 KB and 976.54 KB big.  The larger one was only 12 minutes long.

I used the recommended fee size.

Yeah the 1MB blocksize is just fine

[Patel]

3 day macd turned green on bitstamp.

going up

[ChartBuddy]

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[XCASH]

months of sidewazzzzzzzzze

people always complained that BTC is too volatile and no serious user would adopt BTC because it is too volatile.

now BTC is stable and people keep complaining

Traders can't make money is a market that doesn't move. I guess that's the problem there.

It's the volatility that attracts people to Bitcoin. During highs and lows this thread is full of posts. Everyone's found something less boring to do than watch a flat line on the charts. Once volatility returns the existing users will return, and if it gets extremely volatile new users will be signing up here and posting like crazy. Extreme volatility gives the news a story to tell, which attract new users.

[gizmoh]

Consensus 2015 Live Playback

http://livestream.com/accounts/686369/events/4371225

[Fatman3001]

My transaction was not included in the last 2 blocks which were 912.39 KB and 976.54 KB big.  The larger one was only 12 minutes long.

I used the recommended fee size.

Yeah the 1MB blocksize is just fine

Us nerds think this is some kind of "Duel of The Fates", but really it's a disagreement between the old guardian of Bitcoin , who's used to get things done, and the brilliant people he brought in to replace him, who's used to pulverize responsibility by dragging processes out until there's consensus. Or not do anything and pretend it's everyone else's fault. I'd love consensus on this thing, but it scares me that these guys would rather drag Bitcoin through the mud than make a decision. Bitcoin has a market cap of 3-4 billion usd atm. When it's 300-400 billion usd everything is going to be controversial. Everything is going to be difficult.

[ChartBuddy]

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[gentlemand]

Bitcoin has a market cap of 3-4 billion usd atm. When it's 300-400 billion usd everything is going to be controversial. Everything is going to be difficult.
 

It don't have a hope in hell of reaching that level unless the dead wood is cleared out and cast iron solutions are in place. Speculation can only take you so far. Beyond that you gotta prove you can deliver.

[rebuilder]

My transaction was not included in the last 2 blocks which were 912.39 KB and 976.54 KB big.  The larger one was only 12 minutes long.

I used the recommended fee size.

Yeah the 1MB blocksize is just fine

Us nerds think this is some kind of "Duel of The Fates", but really it's a disagreement between the old guardian of Bitcoin , who's used to get things done, and the brilliant people he brought in to replace him, who's used to pulverize responsibility by dragging processes out until there's consensus. Or not do anything and pretend it's everyone else's fault. I'd love consensus on this thing, but it scares me that these guys would rather drag Bitcoin through the mud than make a decision. Bitcoin has a market cap of 3-4 billion usd atm. When it's 300-400 billion usd everything is going to be controversial. Everything is going to be difficult.

Keep in mind, for a smalll block proponent, no changes to blocksize are desirable. From that perspective, the status quo is fine and the standard fee will simply need to increase. If it's uneconomical for you to put your transactions on the blockchain, too bad.

[hdbuck]

Global 'Wealth' Destruction - World Market Cap Plunges $13 Trillion To 2 Year Lows

http://www.zerohedge.com/news/2015-09-29/global-wealth-destruction-world-market-cap-plunges-13-trillion-2-year-lows

[Fakhoury]

Bitcoin has a market cap of 3-4 billion usd atm. When it's 300-400 billion usd everything is going to be controversial. Everything is going to be difficult.
 

It don't have a hope in hell of reaching that level unless the dead wood is cleared out and cast iron solutions are in place. Speculation can only take you so far. Beyond that you gotta prove you can deliver.

Aren't you bullish mand ? What is wrong with you man ?

[ChartBuddy]

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[Fakhoury]

[JayJuanGee]

Bitcoin has a market cap of 3-4 billion usd atm. When it's 300-400 billion usd everything is going to be controversial. Everything is going to be difficult.
 

It don't have a hope in hell of reaching that level unless the dead wood is cleared out and cast iron solutions are in place. Speculation can only take you so far. Beyond that you gotta prove you can deliver.

Surely we saw that around $15 billion two years ago did NOT hold up for very long; however, it seems with all fo the building in the meantime (the past two years) that $30to$50 billion should be a fairly decent short term and realistic marker... thereafter $150 billion should be the next intermediary marker with $300 to $400 billion coming soon thereafter.


Even though we could reach $300 Billion in some short term rush, it would likely NOT be very sustainable... within the next 5 years - however, beyond 5 years, that kind of $300 billion plus market cap should be fairly easily sustainable and beyond, no?

[BitofaN1]

Global 'Wealth' Destruction - World Market Cap Plunges $13 Trillion To 2 Year Lows.

Will it go down to 2008 levels? The beginning sure looks " promising" looking at that MACD.