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

[luckygenough56]

So bitcoin won't survive 2016 afterall ?
 
About time this broken coin is finally replaced by something more futureproof, it was funny for a while but now let's do real business

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[ChartBuddy]

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Explanation

[Dotto]

My inner bull isn´t happy with this price action. It makes me think in an incoming dumpage.

[aztecminer]

i had to reindex the blockchain.. it took more than 48 hours for my pc:

64G memory
intel 6-core i7-3960x extreme edition
Asus rampage motherboard
ssd boot drive
three disk striped <<<<<<<<<<<< blockchain lives here


ridiculous my pc takes that long to index blockchain .  yeah bitcoin is uba... i have recorded this bullshiat.

i have not even fired up armoury.. it has to go through its index bullshiat too.. i'm gonna record it.

[ChartBuddy]

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Explanation

[LFC_Bitcoin]

i had to reindex the blockchain.. it took more than 48 hours for my pc:

64G memory
intel 6-core i7-3960x extreme edition
Asus rampage motherboard
ssd boot drive
three disk striped <<<<<<<<<<<< blockchain lives here


ridiculous my pc takes that long to index blockchain .  yeah bitcoin is uba... i have recorded this bullshiat.

i have not even fired up armoury.. it has to go through its index bullshiat too.. i'm gonna record it.

It happened to me last week, my PC froze & I had to turn it off at the socket. Thought I'd lost all the bitcoin's I have stored in Core. Balance reset to 0, thought my life was over

After literally 2.5 days of reindexing balance was restored to correct amount. They really need to sort this shit in one of the next updates.

[madmat]

i had to reindex the blockchain.. it took more than 48 hours for my pc:

64G memory
intel 6-core i7-3960x extreme edition
Asus rampage motherboard
ssd boot drive
three disk striped <<<<<<<<<<<< blockchain lives here


ridiculous my pc takes that long to index blockchain .  yeah bitcoin is uba... i have recorded this bullshiat.

i have not even fired up armoury.. it has to go through its index bullshiat too.. i'm gonna record it.

It happened to me last week, my PC froze & I had to turn it off at the socket. Thought I'd lost all the bitcoin's I have stored in Core. Balance reset to 0, thought my life was over

After literally 2.5 days of reindexing balance was restored to correct amount. They really need to sort this shit in one of the next updates.

Both of you need to stop using a bitcoin node as a wallet. Use electrum, copay or a trezor for that. This is safe, light and easy, just the opposite of what a node is.

[Karartma1]

I see a lot of chaos coming and this strange stability always puts me on alarm mode. My deepest concern is how things move damn fast in the bitcoin trading world: I don't want to ask myself the question "Where did it all go wrong?"

[jertsy]

i had to reindex the blockchain.. it took more than 48 hours for my pc:

64G memory
intel 6-core i7-3960x extreme edition
Asus rampage motherboard
ssd boot drive
three disk striped <<<<<<<<<<<< blockchain lives here


ridiculous my pc takes that long to index blockchain .  yeah bitcoin is uba... i have recorded this bullshiat.

i have not even fired up armoury.. it has to go through its index bullshiat too.. i'm gonna record it.

It happened to me last week, my PC froze & I had to turn it off at the socket. Thought I'd lost all the bitcoin's I have stored in Core. Balance reset to 0, thought my life was over

After literally 2.5 days of reindexing balance was restored to correct amount. They really need to sort this shit in one of the next updates.

Both of you need to stop using a bitcoin node as a wallet. Use electrum, copay or a trezor for that. This is safe, light and easy, just the opposite of what a node is.

Electrum depends on Bitcoin core for its backend, so somebody has to run a node. Running a node helps the network remain decentralized, and if the problem they are complaining about isn't fixed less and less people will run nodes. If that problem gets fixed more people will choose to run nodes.

[ChartBuddy]

Coin



Explanation

[flagpara]

I see a lot of chaos coming and this strange stability always puts me on alarm mode. My deepest concern is how things move damn fast in the bitcoin trading world: I don't want to ask myself the question "Where did it all go wrong?"

I fucking agree!
People are always here claiming "it's going to the moon" but the truth is nobody understand a thing about btc trading, too many people have too much influence on it. It's totally unpredictable.

I sold at 450 just because I can't stand the idea of btc going back to the 300; without a reason. And people saying "it's not possible" are just idiots, is there any reason why the price suddenly skyrocketed at 450? No, well it can crash without any more reason!

[JayJuanGee]

i sell my BTC then waiting bitcoin price down again

i think we will down to $400  

You sold all of them?    

 or did you hold onto some?  


how long are you going to wait for prices to go to $400?

What if the price goes up?  


At what point will you buy back in, if at all?


Do you have other investments?  Did you put your BTC proceeds in the dollar  or some other fiat?

They are good questions but that can be applied to each and everyone trading ^^

These are limits you put yourself. And lots of time they're rather shady, dependents on your state of mind and the moment!

Sure. Yet part of my reason for asking these questions is to attempt to get some meaning out of Proxiebuier's apparently vague post. Without some context, an amorphous assertion that a supposed person is selling BTC does not mean a whole hellava lot, and it might not mean anything to anybody else unless there is some meaningful context and further specifics in content.

In other words, the mere vague assertion comes off as kind of trollish because none of us really know very well the specific of others BTC holdings or diversification, except to the extent that they may provide us with some relevant details in line with the points they attempt to make in their posts.

[Fatman3001]

i had to reindex the blockchain.. it took more than 48 hours for my pc:

64G memory
intel 6-core i7-3960x extreme edition
Asus rampage motherboard
ssd boot drive
three disk striped <<<<<<<<<<<< blockchain lives here


ridiculous my pc takes that long to index blockchain .  yeah bitcoin is uba... i have recorded this bullshiat.

i have not even fired up armoury.. it has to go through its index bullshiat too.. i'm gonna record it.

It happened to me last week, my PC froze & I had to turn it off at the socket. Thought I'd lost all the bitcoin's I have stored in Core. Balance reset to 0, thought my life was over

After literally 2.5 days of reindexing balance was restored to correct amount. They really need to sort this shit in one of the next updates.

Both of you need to stop using a bitcoin node as a wallet. Use electrum, copay or a trezor for that. This is safe, light and easy, just the opposite of what a node is.

Electrum depends on Bitcoin core for its backend, so somebody has to run a node. Running a node helps the network remain decentralized, and if the problem they are complaining about isn't fixed less and less people will run nodes. If that problem gets fixed more people will choose to run nodes.

Sure, run a node. Just don't use it as your wallet. And, for the love of God/Allah/Santa, back your private key up on a "clean" device or paper(I've had to use it once. Coincidentally the same day as I decided to buy a 3-pack of Trezors(If you care about your heart those things are better than exercise and vegetables combined)).

[LFC_Bitcoin]

If I understand the graphic under ChartBuddy's usual exchanges bid/ask volume graphs correctly things then a lot of the blocks are much closer to being full than they used to be  

[JayJuanGee]

So bitcoin won't survive 2016 afterall ?
 
About time this broken coin is finally replaced by something more futureproof, it was funny for a while but now let's do real business

Ok. What is this hypothetical coin/blockchain called?  When are we going to see investment migrate over to it?  Can it use some of the already established Bitcoin infrastructure or will we need to trash all of that during the migration?


Your amorphously referenced scenario sounds very sad.  .  


Should I sell all my Bitcoins?  Is Bitcoin ded?  

[JayJuanGee]

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Explanation

Staaaaaaaaaaaaaaaaaaaaaaable

Stable as hell.
I need the d-d-d-d-d-d-d-d-DROP
Wanna come back in the btc train but I don't want to buy at 450$ 

Stable?

 Might not exactly be the right word, but if there is not an upward breakout soon, the odds are looking better for a downwards drop. One or two more days?  Maybe?   Currently I'm a tiny bit more inclined towards hypothesizing upwards, but only a little bit


I hope you're not with Adam waiting for $390 or some other more far out there drop amount such as his having had mentioned $330), which seems to be quite a stretch at the moment if we don't get some meaningful fud incoming.

[sAt0sHiFanClub]

Thought I'd lost all the bitcoin's I have stored in Core. Balance reset to 0, thought my life was over

Dont worry, Core are busy working on new and exiting features that will take your balance to zero, without the inconvenience of hanging your PC.

[Elwar]

My inner bull isn´t happy with this price action. It makes me think in an incoming dumpage.

I think we just jumped over $450 too quickly for psychological reasons. Our run up to this price was usually $10 at a time for the most part. So $440s is good.

[JayJuanGee]

I see a lot of chaos coming and this strange stability always puts me on alarm mode. My deepest concern is how things move damn fast in the bitcoin trading world: I don't want to ask myself the question "Where did it all go wrong?"

I fucking agree!
People are always here claiming "it's going to the moon" but the truth is nobody understand a thing about btc trading, too many people have too much influence on it. It's totally unpredictable.

I sold at 450 just because I can't stand the idea of btc going back to the 300; without a reason. And people saying "it's not possible" are just idiots, is there any reason why the price suddenly skyrocketed at 450? No, well it can crash without any more reason!

Hahahaha



More of your amorphous attempts at FUD spreading



Yeah. There's no reason bitcoin prices went up to mid $400s and just floating in this price territory for a couple of months. Just amazingly without any reason whatsoever. 😳😳😳🤓🤓🤓

[ChartBuddy]

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Explanation