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Question: What happens first:
New ATH - 43 (69.4%)
<$60,000 - 19 (30.6%)
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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26403551 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (174 posts by 3 users with 9 merit deleted.)
hv_
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April 10, 2016, 10:19:33 AM

Pump ....
JimboToronto
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April 10, 2016, 10:23:50 AM

Pump ....

Sideways...   Cheesy

Woke up to use the can and looked in just in time to see the small move back over $420. Right where we seem to want to be.

It's enough to make you chronic.
bargainbin
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April 10, 2016, 01:40:11 PM


In $$$, sure. Amazing rallyage in ethers tho!

 Ethereum (ETH)  $8.11 (-16.05 %)
JimboToronto
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April 10, 2016, 01:57:36 PM


In $$$, sure. Amazing rallyage in ethers tho!

 Ethereum (ETH)  $8.11 (-16.05 %)

I do believe this is the BTC/USD price tracking thread.
billyjoeallen
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April 10, 2016, 02:05:38 PM

The HK CRTA said specifically that we were supposed to get SegWit this month. Where the hell is it? What will happen to the price if it is delayed?

Blocks are full. We need relief now! The TA is suggesting that we could have a huge rally if the network was able to handle the extra traffic.

Now we see your true motivation ... Short term profits instead of concerns for the security or testing within segwit.

...

Segwit will likely be deployed later this month or early may. You have to understand that Core developers care more about testing and security than your short term price rallies.


Oh spare me the sanctimony.  Core devs had YEARS to come up with a scaling solution and it took an implicit threat from miners to get them to do the bare minimum and even now, they are not going to have it ready when they agreed to have it ready.  This isn't being cautious. This is obstructionism. 

You can't credibly claim that they are doing everything possible to get it up and running in a timely manner consistent with security and quality goals and still claim they don't need to rush.  Core is either incompetent and cannot do what users require or they are dishonest and dragging their heels.  Either way, they are not meeting the network's needs. 

I do not accept that it is simply impossible for Bitcoin to scale safe and securely. It may be impossible with current governance, but all that means it we need to change governance.  This kind of shit didn't happen when Gavin was in charge.

It's not about short term profits. It's about having confidence that the network's needs will be met. It's not reassuring when the people responsible for meeting those needs don't even have the will to do it to say nothing of the ability.
bargainbin
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April 10, 2016, 02:09:02 PM


In $$$, sure. Amazing rallyage in ethers tho!

 Ethereum (ETH)  $8.11 (-16.05 %)

I do believe this is the BTC/USD price tracking thread.

Oy vey. Try to put a positive spin on this slo-mo train wreck, and still he kvetches!
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April 10, 2016, 02:55:48 PM

 Smiley Sunshine and roses.  Smiley

Actually it's supposed to snow here today. Thank gawd for the SkyDome.
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April 10, 2016, 03:27:03 PM

Saw this link on /r/bitcoin, interesting stuff.

http://meaningness.com/metablog/geeks-mops-sociopaths

Completely irrelevent for Bitcoin though, since the entire purpose of a currency is to become a monopoly, a consensus mechanism for exchange.  The less of a monopoly it has, the less useful it is.  Your link argues popularity weakens the idea, so the article is inverse to how Bitcoin actually works.  Don't try and conflate grunge music and economics.  People like money to be as boring and predictable as possible, not "cool".  Just like when you open your refrigerator, you don't want to have to guess what's edible or not.  That's definitely not cool.

I agree, but it definitely has some relevance to the 'hipster' vibe surrounding 'blockchain technology' in finance (in as much as they can be hipster) and the same in fintech, VC funded start-ups surrounding bitcoin.
Yeah, the fact that bitcoin is an economic thing with utility and economic incentives attached make this a different beast than the coolness of a subculture, but it is funny to see that a lot of the social dynamics are similar.
bargainbin
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April 10, 2016, 03:30:18 PM

>economic incentives

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April 10, 2016, 06:56:27 PM

* yefi prods Bitcoin with a stick
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April 10, 2016, 07:09:39 PM

* yefi prods Bitcoin with a stick
Looks like you are going to need a bigger stick, or give it some more time to wake up...
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April 10, 2016, 07:42:47 PM

If I were a market maker and want to accumulate more btc before the inevitable halving and 'consensus' price rise, I would definitely:

0. Accumulate on the almost forgotten alt coin market
1. Spread FUD so people sell their btc, btc price drops
2. Pump altcoins. People sell their btc in the chase, btc price drops further (<--- we are here)
3. Dump expensive altcoins for cheap bitcoins.
4. Let the bitcoin bubble occur because of 'consensus' and halving
5. People sell cheap altcoins for chasing expensive bitcoins
5. Sell expensive bitcoins for cheap altcoins
6. Spread FUD
7. Rinse, repeat.

IMHO I would say we are approaching point 4 on your listing.
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April 10, 2016, 07:48:24 PM

Today, 24 hours ago, 7 days ago and one month ago, the price of one Bitcoin has been the same: 420USD
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April 10, 2016, 07:50:49 PM

Today, 24 hours ago, 7 days ago and one month ago, the price of one Bitcoin has been the same: 420USD


Incredibly stable....Is there some whale pothead trolling us by keeping the price around 420?
ErisDiscordia
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April 10, 2016, 07:53:01 PM

Today, 24 hours ago, 7 days ago and one month ago, the price of one Bitcoin has been the same: 420USD


Incredibly stable....Is there some whale pothead trolling us by keeping the price around 420?

They're waiting for 4/20 to hit that bong and launch us into the stratosphere!
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April 10, 2016, 07:54:55 PM

Eth scam unraveling.  Goldman Sachs and a few unfortunate noobs who I warned this would happen left holding the bag.
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April 10, 2016, 07:58:37 PM

Eth scam unraveling.  Goldman Sachs and a few unfortunate noobs who I warned this would happen left holding the bag.

All alts down, BTC at the breakout point of the wedge....wait for iiiiit
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April 10, 2016, 08:00:04 PM

Eth scam unraveling.  Goldman Sachs and a few unfortunate noobs who I warned this would happen left holding the bag.

It is extremely doubtful GS or MSFT or any large company has purchased even one ETH. Do you have a citation?
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April 10, 2016, 08:01:32 PM

Eth scam unraveling.  Goldman Sachs and a few unfortunate noobs who I warned this would happen left holding the bag.

All alts down, BTC at the breakout point of the wedge....wait for iiiiit
i hope that bitcoin price will grow a lot in near future as im holding it as strong as possible now
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April 10, 2016, 08:23:59 PM

Eth scam unraveling.  Goldman Sachs and a few unfortunate noobs who I warned this would happen left holding the bag.

FUD! ETH wales shakin' out them weak hands & secretly accumulating. Remember when BTC took a dive into the $3s after being up in the $7s?
Yeah, some panic-sodl, but pros got all over that buying opportunity & stockpiled.
They're x100 wealthier now. Those who sodl? In mental asylums, on suicide watch Sad

Brothers and sisters, the time has come for each and every one of you to decide
Whether you are gonna be the problem, or whether you are gonna be the solution.
You must choose, brothers, you must choose.
It takes 5 seconds, 5 seconds of decision.
Five seconds to realize that it's time to move.
It's time to get down with it.
Brothers, it's time to testify and I want to know,
Are you ready to testify?
Are you ready?
Hodl!!!!1
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