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

[8up]

UPDATE: I now have a 80 coin short in. Want to make it 160? 320? keep pumping, cripplecoiners.

Wow... you are braver bear than me... I shorted 2 days ago, when 12h MACD divergence looked ready to cross into red,
and then had to close the short at a small loss, so now I'm waiting, it may crash this weekend or climb to 400$ and then crash.
Anyway IMO support at 300$ must be tested, even in a bullish scenario.

I sincerely welcome you at the Big Wall of Worry, Sir.

[1714629457]

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[marcus_of_augustus]

UPDATE: I now have a 80 coin short in. Want to make it 160? 320? keep pumping, cripplecoiners.

will someone censor this idiot soon please? he's endangering others.

[blunderer]

You just can't help yourself, can you, Marcus?

[ChartBuddy]

Coin



Explanation

[billyjoeallen]

UPDATE: I now have a 80 coin short in. Want to make it 160? 320? keep pumping, cripplecoiners.

Wow... you are braver bear than me... I shorted 2 days ago, when 12h MACD divergence looked ready to cross into red,
and then had to close the short at a small loss, so now I'm waiting, it may crash this weekend or climb to 400$ and then crash.
Anyway IMO support at 300$ must be tested, even in a bullish scenario.

I agree. I'm only at 108 coins so far.  Hope I can get it a little higher before I continue the dump.

[Cconvert2G36]

Looks like you got your purge Bitusher.

I'm getting posts deleted east, west, left and right.

Congratulations!!!

I don't recommend or advocate for censorship.

lel

btw... did you correct your orgasmic announcement of the "Call for Pre-Consensus Consensus Letter" where you were woefully confused about what BitmainWarranty is?

It's true, 3 more weeks of stalemate is exactly what was needed. Time enough to get a lawyer to say some scary words that mean Bitcoin can never hardfork again! Hurray!

They just ain't got no scruples. 

brb, gotta go work on my github attributions

[aztecminer]

UPDATE: I now have a 80 coin short in. Want to make it 160? 320? keep pumping, cripplecoiners.

Wow... you are braver bear than me... I shorted 2 days ago, when 12h MACD divergence looked ready to cross into red,
and then had to close the short at a small loss, so now I'm waiting, it may crash this weekend or climb to 400$ and then crash.
Anyway IMO support at 300$ must be tested, even in a bullish scenario.

$300 is guarded by 30 to 60 dollar of breathing room .. in other words it will go to 360 sideways and if 350 were to break then lowest is 330 cuz $350 and $300 are psychological .

[JayJuanGee]

Thank you kind sir, my wallet is ready and transferring funds as we speak..

You do realize that you're just effectively buying coins that I bought for $10 back in 2011, right? I keep the vast majority of my coins off exchange to minimize risk. I'm not selling coins I don't have and I'm selling them at >3000% markup, so deposit all you want.

Yeah.. maybe this is one way to get rid of you for good.....  

I doubt any of us are competing with you regarding whether you make any profits, so why would any of us give a flying ratt's ass whether you make some profits or no?

So, yeah, go ahead and double down and double down and double down.. and I guess that means that you have at least a couple hundred coins (possibly, if we can believe anything that you say?)

Actually, if you bought coins for $10 back in 2011 and have been trading BTC ever since, then really, if you were a decent trader, then all of those supposedly existing coins would have an average buy price of less than $0.

On the other hand, each of us have our own accounting methods concerning whether we are in profits or not and what are our average buy prices for our various BTC holdings, which may or may not be reflective of reality and/or attempts at bragging.

I fear, however, that even if we become so lucky as to cut loose you, we will not be so luck as to cut loose you for ever..  

[BitUsher]

lel

btw... did you correct your orgasmic announcement of the "Call for Pre-Consensus Consensus Letter" where you were woefully confused about what BitmainWarranty is?

It's true, 3 more weeks of stalemate is exactly what was needed. Time enough to get a lawyer to say some scary words that mean Bitcoin can never hardfork again! Hurray!

They just ain't got no scruples.  

brb, gotta go work on my github attributions

Thanks for the reminder .. I believe you are correct and the evidence now reflects that bitmainwarranty is merely a re seller with less than 1 %. so the signed hashing power is more like 68-70% ,.It was a bit confusing because the people signing directly worked for Bitmain at some time in the past. I corrected the post in fairness and accuracy, regardless of it not really changing the fact that Classic is DOA with the mining and economic majority opposing them. Cheers friend.  

I agree. I'm only at 108 coins so far.  Hope I can get it a little higher before I continue the dump.

You keep dumping and shorting and the price keeps going up ... still waiting for my discount. I am trusting you are a man of your word and actually are divesting and shorting.... or do you think there is so much demand that your shorts are a drop in the bucket?

[JayJuanGee]

I'm well aware of the Chinese cultural deference to authority. With so much Bitcoin activity in China now, it make it far less attractive as an investment.  

Which is what makes the statements from some Classic supporters so ridiculous, they first want to replace 45 developers from many backgrounds and many different companies with 5 devs from 2-3 companies, than when that fails they threaten to sell their BTC for ETH which is controlled completely by 1 dev ... all because they "distrust authority."  Perhaps the reality has nothing to do with decentralization of development (There always has been multiple implementations with different dev teams) , but a fixation of growing fast and ignoring all concerns along the way.

That's not true at all. We want developers who care what their customers want. It's as goddamn simple as that. We want people who are competent enough to respond to the people who buy coins and keep this whole thing going.

If the other hodlers are ok with an intentionally inefficient network, then that's their call. I am tired of arguing.

You, BullyJA, are tired of arguing because you have no more arguments, except to push disinformation and threats and other nonsense.

That was a very nice summary BitUsher...

haahahaha... these goofballs trying to argue that core is too centralized.. what baloney...

YES... I agree that scaling needs to take place and we need to make sure that segwit allows for greater efficiencies and then also there may be a need, down the road to increase the blocksize.. and until then, let's keep going with the core roadmap.. and we should be able to see price appreciation and further adoption while maintaining a considerable degree of decentralized decision making... further development, adoption and consensus (even while sometimes there is some differences of opinion).

Maybe this weekend we will see some further price action in the upward direction?   if not by the end of the weekend, we should be in a fairly decent place, no?

[hdbuck]

I'm well aware of the Chinese cultural deference to authority. With so much Bitcoin activity in China now, it make it far less attractive as an investment. 

Which is what makes the statements from some Classic supporters so ridiculous, they first want to replace 45 developers from many backgrounds and many different companies with 5 devs from 2-3 companies, than when that fails they threaten to sell their BTC for ETH which is controlled completely by 1 dev ... all because they "distrust authority."  Perhaps the reality has nothing to do with decentralization of development (There always has been multiple implementations with different dev teams) , but a fixation of growing fast and ignoring all concerns along the way.

That's not true at all. We want developers who care what their customers want. It's as goddamn simple as that. We want people who are competent enough to respond to the people who buy coins and keep this whole thing going.

If the other hodlers are ok with an intentionally inefficient network, then that's their call. I am tired of arguing.

You, BullyJA, are tired of arguing because you have no more arguments, except to push disinformation and threats and other nonsense.

That was a very nice summary BitUsher...

haahahaha... these goofballs trying to argue that core is too centralized.. what baloney...

YES... I agree that scaling needs to take place and we need to make sure that segwit allows for greater efficiencies and then also there may be a need, down the road to increase the blocksize.. and until then, let's keep going with the core roadmap.. and we should be able to see price appreciation and further adoption while maintaining a considerable degree of decentralized decision making... further development, adoption and consensus (even while sometimes there is some differences of opinion).

Maybe this weekend we will see some further price action in the upward direction?   if not by the end of the weekend, we should be in a fairly decent place, no?

I don't even.. 

"We want developers who care what their customers want"

[JayJuanGee]

UPDATE: I now have a 80 coin short in. Want to make it 160? 320? keep pumping, cripplecoiners.

Just dump all of them?  how many you have 600?  more than 1000?  I doubt that you have more than 1000 with your crazy and historical bluffing talk... you sound too desperate, emotional, wrong and whimsical to be able to manage that many coins over a 4 to 5 year period.

that would be great if you could dump, dump, dump in your little fantasy playing all that you like, and in your FUD spreading attempts.

[BitUsher]

https://www.quora.com/What-does-the-White-House-think-of-cryptocurrencies-such-as-bitcoin

Ed Felten, Deputy U.S. Chief Technology Officer of The US gvt has keenly watching the debate as they are interested in the outcome.
Claims there is no participation.

[JayJuanGee]

....  one than the following would likely be the fallout-

1) Some devs would leave bitcoin altogether abruptly or just stop contributing and slowly selling off their large investments
2) Some devs would join classic and be equally motivated
3) Some devs may attack the HF or create a competing alt
4) Some devs may participate with classic but be less motivated

It would also set a dangerous precedent where a contentious HF's would start to become the norm and we have more to look forward to with regard to politics and arguing every year... ...

...Classic devs even wanted to HF in segwit when a soft fork is available!

What a load of fucking shit. You really are a spoon.

If Core devs decide to fuck off because they don't get their way, well they can fuck off now. That sort of mentality is about power grabbing and ego.  If you believe in a decentralized currency, who cares how it wins, as long as it wins.

Segwit is a fantastic addition to Bitcoin. But the idea that you can soft fork now and hard fork later is stupid. Hard forking later means more people are on the network and therefore there are more people to piss off.  Hard fork now is common sense. Segwit as and when its ready.

Stop being a spoon.

There seems to be absolutely no need for a hardfork, except for the reason to attempt to centralize bitcoin and to screw up its peer to peer nature.


Accordingly, for technical reasons, why hard fork, when a soft fork is sufficiently effective in accomplishing all of the technical needs.

[hdbuck]

https://www.quora.com/What-does-the-White-House-think-of-cryptocurrencies-such-as-bitcoin

Ed Felten, Deputy U.S. Chief Technology Officer of The US gvt has keenly watching the debate as they are interested in the outcome.
Claims there is no participation.

meh, no kidding.

I am also watching with interest the debate within the Bitcoin community about the block size limit. (To be clear, the government is paying attention to that debate but are not participating in it.) This is a challenge to Bitcoin’s governance model, because it requires the community to come to a consensus on an issue where there seem to be high stakes and plausible arguments on each side.

status quo is the winning strategy. let them financial system panic.

[gentlemand]

Here's an interesting notice posted by the Poloniex owners on their site.

WARNING: There's an impostor Poloniex app in the Google Play Store. Do not use this; it may be malicious. There is no official Poloniex app.

Trading on phones is for weirdos anyway but there's an extra reason not to.

[Cconvert2G36]

-snip-
...the fact that Classic is DOA with the mining and economic majority opposing them. Cheers friend.  
-snip-

You read the letter as a resounding denunciation of Classic and a firm endorsement of Core, interesting.

Upon reading point 3...

In the next 3 weeks, we need the Bitcoin Core developers to work with us and clarify the roadmap with respect to a future hard-fork which includes an increase of the block size.

This is obviously asking Core to do what they have refused to do for a year now, and it gives a deadline.

Let's see if miners will grab the bone they might be thrown. My guess is that it will be a pinky promise for a HF sometime in 2017.

Now, because Core is immune to politics, and will only base decisions on their enabling of future profitability technical superiority... they simply cannot do this. To change Gregory's roadmap is to succumb to political pressure where a mouth breathing majority tramples the sacred rights of the enlightened minority, compromising at all would mean they have been lying all along about that point. Bit of a pickle there. Cheers Friend. 

Let the purge begin! Bitcoin is a settlement tool for central banking, excelsior!
Any tips on how I can run a payment channel hub to siphon fees from miners?

https://www.quora.com/What-does-the-White-House-think-of-cryptocurrencies-such-as-bitcoin

Ed Felten, Deputy U.S. Chief Technology Officer of The US gvt has keenly watching the debate as they are interested in the outcome.
Claims there is no participation.

The sooner we purge these CIA/GCHQ banksters, the better! Zionists... ur next! 

[ChartBuddy]

Coin



Explanation

[blunderer]

https://www.quora.com/What-does-the-White-House-think-of-cryptocurrencies-such-as-bitcoin

Ed Felten, Deputy U.S. Chief Technology Officer of The US gvt has keenly watching the debate as they are interested in the outcome.
Claims there is no participation.

"But cryptocurrencies also raise concerns with respect to traditional financial and law enforcement policy issues like money laundering and consumer protection. Agencies across the government are working to make sure that the basic rules of the road for financial systems continue to apply in a sensible way to Bitcoin and other cryptocurrencies."

TL;DR:
         

[inca]

UPDATE: I now have a 80 coin short in. Want to make it 160? 320? keep pumping, cripplecoiners.

Wow... you are braver bear than me... I shorted 2 days ago, when 12h MACD divergence looked ready to cross into red,
and then had to close the short at a small loss, so now I'm waiting, it may crash this weekend or climb to 400$ and then crash.
Anyway IMO support at 300$ must be tested, even in a bullish scenario.

I love that even your bullish scenario includes a price crash of 21%. Nothing changes