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

[Elwar]

Hmm, I knew it would go up or down today or tomorrow.

I bet on down.

Good for my long term, not good for today's sale.

[1714666771]

1714666771

[1714666771]

1714666771

[barbs]

full retard?

[billyjoeallen]

4 HR moving average crossover. Here comes the bump.

Called it. Purely a technical spike.

[coins101]

I opened a big leveraged short at 394.  I don't see how things are going to go up until the block size debate is resolved.  Or at the very least there is no longer a looming threat of a hard fork.  

This isn't JUST a hard for but a reshuffling of the powers that be in core who are being paid by a private company to fund bitcoin (imo this entire debacle can be traced back to the foundation going belly up on funding development).

Until the two camps are united, core compromises on 2mb blocks or everyone in the community (exchanges etc) change their mind I see the drift downward as inevitable.

I do live in eternal fear of core announcing 2mb blocks and losing it all.  But I'm betting that if they haven't done it yet they aren't going to until hard fork is inevitable.

jk

I'm sure it will be OK. Just a fat finger.

I would have made the same call as you if I had thought to do it.

[Fatman3001]

So who is running classic?

Waiting for binaries/release

[kehtolo]

http://www.coindesk.com/commonwealth-member-countries-bitcoin-legal/



>"prohibition of virtual currencies is unlikely to be effective"

nocoiner shills

BTFO
T
F
O

This. This is quite some news!!! Legitimacy!!!! (MOAR of it.. and welcome) 

[BellaBitBit]

haha this is a good one. like.

[8up]

Are you ready to say good bye to the $3xx range? 

[blunderer]

Are you ready to say good bye to the $3xx range?  

2xx incoming?!

I can't live like this

[8up]

Are you ready to say good bye to the $3xx range?  

2xx incoming?!

I can't live like this

can confirm. 

[ChartBuddy]

Coin



Explanation

[tomothy]

Ok, so wtf is going on with dgc, Blockstream,  and pwc.

Blockstream received like 100m in more vc recently. Silbert conceded that blockstream/core position on small blocks isn't necessarily shared by his other investments. Is this like a weird backend move to buy/blockstream/core w bribes for larger blocks sooner via vc? You talk about centralization in btc... dgc has some crazy positions...

This btc rise is weird since there is also a slight ltc rise which isn't usual. Maybe unloading from the doge/eth pump and dump into btc?

[aztecminer]

I'm not participating in this thread to compete with anyone regarding purported intelligence or any other characteristic or to pump anything. 

And sure, I have no problem that many of the posters may be more intelligent than me in a variety of ways.  In fact, I expect every poster to have some kind of knowledge that is greater than mine concerning that person's own experiences.

It seems like within the past couple of days, I responded to another post of yours that had a similar level of accusations towards me.

I found it...... for ease of reference, here it is:  https://bitcointalk.org/index.php?topic=178336.msg13758940#msg13758940 

Accordingly, I responded to your post, but you "conveniently" failed to acknowledge or respond to any of my points within that post.

In essence, I don't necessarily want to be repetitive in making points that I have already made in my earlier post, so if there is anything, you can respond to that.   Accordingly, if we are here genuinely attempting to stay on topic and to provide our experiences in respect to bitcoin, then, some of us are going to have different views regarding the future of bitcoin (if any).

yeah i do repeat myself a lot... purposely .. because if i dont people will forget.

You repeat yourself and you fail / refuse to respond to substance because you do not have any real and meaningful substantive analysis to provide beyond your various narrow talking points that are largely detached from facts.

nah is much more simple than that: i just grown to not like you juangee because you spread false rumors that nothing is wrong with bitcoin.. your simply a LIAR.

[DeathAngel]

Coin



Explanation

Pleasant surprise to see a little pump in the price over night. The last time I looked it was at 368 or something. Hope we experience another rise today

[aztecminer]

don't forget everyone! BITCOIN CANNOT SCALE! until it does then it still doesn't ... its only been EIGHT MONTHS of arguing over it. #GimpedCoin

Technological progress actually ...ensures that bitcoin not only can scale, but will indeed scale. It's not a matter of if, only a matter of when.

1995 = Pentium 75-100MHz / 8-16MB ram / 1-2GB disks / 14.4kbps - 128kbps connections.
2015 = 4-8core CPUs at 4 GHz / 4-16GB ram / 1-4 TB disks / home connections in the mbps to gbps (for fiber).

Everything has gone upwards like 1000x in 20 years. Processing power, memory, storage, network connections etc. And I'm not counting processing breakthroughs in GPU power or storage speedup like SSDs.

If the trend continues, by 2035 the technology will allow >5000tx/sec, without even improving the software. If the software gets improved (and it constantly is getting scaling improvements), we are talking multiple that - so we'll be seeing VISA-like capabilities way before the 2030's.

Bitcoin is ...doomed to scale, except if some catastrophic failure of our civilization destroys the IT industry. And we won't have to wait for 2035 for scaling, that's just a number. There are incremental steps in hardware and network capabilities all the time. We just want too much, too fast. And that's good because scaling solutions will have to be devised faster. Although one thing will never be overcome: The necessity for fees. It is impossible to have near-zero cost txs AND protect the network for abuse at the same time.

Free txs = attack vector possible for free.
Near free txs = attack vector possible for peanuts.

until bitcoin can scale, then it still doesn't... after EIGHT MONTHS i do not just accept what u say that bitcoin will scale... make it scale and then there is nothing to argue about... if bitcoin still fails to scale in February then we are at NINE MONTHS and all talk .. your talk is bullshiat.. i am going to flank ya . get pissed see if i care .

[barbs]

Coin



Explanation

Pleasant surprise to see a little pump in the price over night. The last time I looked it was at 368 or something. Hope we experience another rise today

I like gambling just as much as the next guy but in this case i'm closing my long at 385

[BellaBitBit]

Are you ready to say good bye to the $3xx range? 

no please no!  Love the 300s

[Loimu]

I like gambling just as much as the next guy but in this case i'm closing my long at 385

Good if you value fiat more. Me on the other hand just bought some more coins at $385. Still so lovely cheap!

[ChartBuddy]

Coin



Explanation

[TReano]

man Bitcoin looks slow and heavy compared to the forex market currently.
The Euro got 4% in like 2 days without a pullback.


Maybe bitcoin is finally just reacting to the weak Dollar which is on his knees together with the stock markets?


Man if the markets flip over we could see a worse crash then in 2008... It's going to be really interesting how Bitcoin is going to react at the first big scale global crisis.
Will it shine? Or just dump like everything else?


We shall see.