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

[JayJuanGee]

Bitcoin movement has been disappointing lately. Any idea when will the block size issue be fixed?

Should I bite?


What block size issue?  Is there an issue? 


And, you are disappointed with a nearly 3x price appreciation in bitcoin from August 2015 and a more than 50% appreciation since late May 2016?  Or do you mean something else by "lately?"

[1714682555]

1714682555

[elite3000]

Bitcoin movement has been disappointing lately. Any idea when will the block size issue be fixed?

Should I bite?


What block size issue?  Is there an issue? 


And, you are disappointed with a nearly 3x price appreciation in bitcoin from August 2015 and a more than 50% appreciation since late May 2016?  Or do you mean something else by "lately?"

He was expecting that price would skyrocket 10 seconds after the halving, I think

And I think he mentioned the block size discussion that was popular not long time ago

[AliceGored]

my bet: we are lacking any fantasy right now. no event that we could rally into. the halving was theoretically perfect for a nice rally but the rally got interrupted by the finex and DAO shit. so now what events should markets focus on? there are none. so all thats left is the reduced daily supply, but i doubt that will be shortterm enough.

On the contrary.

Bitcoin movement has been disappointing lately. Any idea when will the block size issue be fixed?

It could be sooner than many expect.



Some fault the miners for being slow to act, and too trusting... but in reality, they have to be very careful. If they do end up being compelled to do something contrary to the wishes of the dominant repository and its developers... they need to have taken every reasonable step at a compromise, an amicable middle ground. In a sense, they need to have been screwed over in an obvious way, to give them the moral justification to act in the spirit of the original agreement.



This may lead to the most ethically profound moment for Bitcoin yet, and the full "coming out" party for the functionality of Bitcoin's "core" incentive mechanism:



And now, back to your regularly scheduled programming...

https://www.reddit.com/r/Bitcoin/comments/4seyk3/its_quiettoo_quiet/

[Dotto]

I love to bang ignore our beloved troll. Four sockpuppets in 5 pages. Activity under 50. Bullish

[bitebits]

if i had really big balls i'd be trying to go in balls deep right now...

Well, that is sorted then: https://youtu.be/Q9c8FJ19yVE?t=62

[bitowl]

so little volume

scary

[CoinHopper]

Hey everyone I am selling my car for BTC/STEEM... see my post here if you have a second would greatly appreciate it. Thank you so much.

https://steemit.com/forsale/@kingjohal/selling-my-car-for-steem-btc-usd-used-2006-chrysler-300-touring-usd8888

Sorry to break the news to you but a 06 300 with 130K+ miles is not worth anywhere near what you want for it. I can pick them up all day for under 5 grand.

[marcus_of_augustus]

https://www.theguardian.com/world/2016/jul/11/the-next-eu-crisis-in-the-italian-banks-needs-to-be-addressed

Italian banks are heading for collapse, it's official.

[Karartma1]

https://www.theguardian.com/world/2016/jul/11/the-next-eu-crisis-in-the-italian-banks-needs-to-be-addressed

Italian banks are heading for collapse, it's official.

This is something you will not read in the news: italian banks are still dealing with 2008 junk derivatives. The thing is you can't cover the dust under the carpet for so long. The wind is blowing and the dust is spreading everywhere.

[Hunyadi]

my bet: we are lacking any fantasy right now. no event that we could rally into. the halving was theoretically perfect for a nice rally but the rally got interrupted by the finex and DAO shit. so now what events should markets focus on? there are none. so all thats left is the reduced daily supply, but i doubt that will be shortterm enough.

Here's your reason:

https://www.theguardian.com/world/2016/jul/11/the-next-eu-crisis-in-the-italian-banks-needs-to-be-addressed

Italian banks are heading for collapse, it's official.

[Unacceptable]

my bet: we are lacking any fantasy right now. no event that we could rally into. the halving was theoretically perfect for a nice rally but the rally got interrupted by the finex and DAO shit. so now what events should markets focus on? there are none. so all thats left is the reduced daily supply, but i doubt that will be shortterm enough.

Here's your reason:

https://www.theguardian.com/world/2016/jul/11/the-next-eu-crisis-in-the-italian-banks-needs-to-be-addressed

Italian banks are heading for collapse, it's official.

I remember when Cypress hit the skids,BTC rocketed up to $1100+,then Mt Gox fuked it all up by crashing & stealing all the BTC held in their exchange.................. 

Maybe another BTC rise??

Oh & your welcome world for the financial meltdown.......brought to you by the US financial system 

[ProfessionalBitsurgeon]

Maybe another BTC rise??

Lol no, let's not be greedy.

Oh & your welcome world for the financial meltdown.......brought to you by the US financial system 

U.S. stocks at new record high
U.S. economy adds 287,000 jobs in June
The S&P 500 closed above 2,137, surpassing the previous all-time record set back in May 2015.
http://money.cnn.com/2016/07/11/investing/stocks-record-high-dow-jones-sp-500/

Watcha be talking about, Jasper?

[Mervyn_Pumpkinhead]

I remember when Cypress hit the skids,BTC rocketed up to $1100+,then Mt Gox fuked it all up by crashing & stealing all the BTC held in their exchange.................. 

Maybe another BTC rise??

Oh & your welcome world for the financial meltdown.......brought to you by the US financial system 

The rise wasn't because of Cypress, but because Mt.Gox itself was buying up bitcoins with willybot, and with $ that actually didn't exist. Most of the money that was "lost" with mtgox, went into the pockets of those who were clever enough to exit gox faster then others.

[valta4065]

Maybe another BTC rise??

Lol no, let's not be greedy.

Oh & your welcome world for the financial meltdown.......brought to you by the US financial system 

U.S. stocks at new record high
U.S. economy adds 287,000 jobs in June
The S&P 500 closed above 2,137, surpassing the previous all-time record set back in May 2015.
http://money.cnn.com/2016/07/11/investing/stocks-record-high-dow-jones-sp-500/

Watcha be talking about, Jasper?

It's not because everything is fine in USA that the problem isn't it's financial model

[Elwar]

Maybe another BTC rise??

Lol no, let's not be greedy.

Oh & your welcome world for the financial meltdown.......brought to you by the US financial system 

U.S. stocks at new record high
U.S. economy adds 287,000 jobs in June
The S&P 500 closed above 2,137, surpassing the previous all-time record set back in May 2015.
http://money.cnn.com/2016/07/11/investing/stocks-record-high-dow-jones-sp-500/

Watcha be talking about, Jasper?

bubble

[Its About Sharing]

Maybe another BTC rise??

Lol no, let's not be greedy.

Oh & your welcome world for the financial meltdown.......brought to you by the US financial system 

U.S. stocks at new record high
U.S. economy adds 287,000 jobs in June
The S&P 500 closed above 2,137, surpassing the previous all-time record set back in May 2015.
http://money.cnn.com/2016/07/11/investing/stocks-record-high-dow-jones-sp-500/

Watcha be talking about, Jasper?

Inflation, QE (aka theft) and don't get me started on the jobs that were created (and how much harder people are working and getting paid less for it, while working more.)

[Unacceptable]

Maybe another BTC rise??

Lol no, let's not be greedy.

Oh & your welcome world for the financial meltdown.......brought to you by the US financial system  

U.S. stocks at new record high
U.S. economy adds 287,000 jobs in June
The S&P 500 closed above 2,137, surpassing the previous all-time record set back in May 2015.
http://money.cnn.com/2016/07/11/investing/stocks-record-high-dow-jones-sp-500/

Watcha be talking about, Jasper?

Back in 2006-2008 the "recession" hit due to our banks & wall street selling off bad home loans to the rest of the world....ring a bell ??  

It is still bringing down countries & will continue.............

Oh & current unemployment...about 12% .!..  Under employment...30% .!..  Yeah,Obumer made a change alright .!..

[valta4065]

Maybe another BTC rise??

Lol no, let's not be greedy.

Oh & your welcome world for the financial meltdown.......brought to you by the US financial system 

U.S. stocks at new record high
U.S. economy adds 287,000 jobs in June
The S&P 500 closed above 2,137, surpassing the previous all-time record set back in May 2015.
http://money.cnn.com/2016/07/11/investing/stocks-record-high-dow-jones-sp-500/

Watcha be talking about, Jasper?

Inflation, QE (aka theft) and don't get me started on the jobs that were created (and how much harder people are working and getting paid less for it, while working more.)

Yeah but they're all here saying it's normal to work your ass off for a shitty salary cause... You know... you have to...

[Dekker3D]

How many Sell orders will there be after halving. Most will wait for the price to hike then sell their bitcoins right after.

[valta4065]

How many Sell orders will there be after halving. Most will wait for the price to hike then sell their bitcoins right after.

Well the price already hiked in its own way!

How high must it go to expect those sells ?