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

[Ted E. Bare]

I don't know half of those people.
They seem like a fun bunch. Their fiat money got liquidated from shorting or what?

[1714149741]

1714149741

[1714149741]

1714149741

[gembitz]

I don't know half of those people.
They seem like a fun bunch. Their fiat money got liquidated from shorting or what?

^lol bashers!! haha what a fun bunch.. i'm holding 5 BTC long term no matter what do or die i'm double up here and see what emerges ..demand is high!! :-D

[Denker]

https://themerkle.com/r3-admits-defeat-stops-blockchain-development/

In a presentation about the R3 Corda, R3CEV engineers, developers and researchers stated “No ‘block chain’ because we don’t need one,” admitting that the utilization and implementation of blockchain doesn’t fit their vision and more importantly, technological compatibility.

In terms of the price a bit of correction is happening at the moment.
Well that's ok. Let the machine cool off for a while before shifting back to full throttle.

[Hunyadi]

"confirmed"
is a reference to a long time member named proudhon, who trolled the threads "confirming" all kinds of of FUD, mostly about the china ban. i think at one occasion his FUD even made it to a news article. when i was new the guy sometimes scared the shit out of me because his FUD was somewhat ambitious.

Ah yes, the Bitcointalk Troll hall of fame.

Today's trolls are so lame by comparison. They can't hold a candle to the likes of Proudhon, Electric Mucus, Jaroslaw, or even more recent ones like NotLambChop.

They really applied themselves to denigrating Bitcoin.

lol, instapumped my blood pressure reading all those names in one sentence. but i think you cannot include nlc.

What NLC lacked in class and style he/she/it made up for with ruthless persistence. Most dedicated troll I have ever seen.

I didn't like NLC. She was/is brilliant, so good, great, great she was/is.

[Gyrsur]

BS everywhere! the ATH was 1242 USD on Mt.Gox in November 2013.

so NO new ATH so far folks!

[600watt]

https://themerkle.com/r3-admits-defeat-stops-blockchain-development/

In a presentation about the R3 Corda, R3CEV engineers, developers and researchers stated “No ‘block chain’ because we don’t need one,” admitting that the utilization and implementation of blockchain doesn’t fit their vision and more importantly, technological compatibility.

In terms of the price a bit of correction is happening at the moment.
Well that's ok. Let the machine cool off for a while before shifting back to full throttle.

R3CEV is like

[bitcoinvest]

BS everywhere! the ATH was 1242 USD on Mt.Gox in November 2013.

so NO new ATH so far folks!

wow! the lasts couple of days we have mentioned MtGox quite a lot of times yes???
ATH will happen when MtGox reopen and take us to the moon!!! 

[HI-TEC99]

https://themerkle.com/r3-admits-defeat-stops-blockchain-development/

In a presentation about the R3 Corda, R3CEV engineers, developers and researchers stated “No ‘block chain’ because we don’t need one,” admitting that the utilization and implementation of blockchain doesn’t fit their vision and more importantly, technological compatibility.

In terms of the price a bit of correction is happening at the moment.
Well that's ok. Let the machine cool off for a while before shifting back to full throttle.

Less than a week ago we had yet to break the bitstamp and bitfinex ATHs. Since then we have bounced below and above them a few times, and we might continue bouncing above and below them for another week or two. Eventually we will break the fake Gox ATH, but this time with real trades, not fake willy bot trades on an exchange that won't let you withdraw fiat.

Ironically when the Gox ATH breaks on the Chinese exchanges it will be on exchanges that won't let you withdraw Bitcoins, and that should be suppressing the price.

[uki]

Not feeling much excitement. In spite of the price being the highest ever. Which tells me we are just getting started.

Same here, it felt like as if you are playing a video game and with that ATH you've killed the final boss and it's game over and credits are scrolling down the screen.

Although we are just starting I know, but this is my feelings nowadays 

It's like: same ol', same ol', been there, seen that.
But I guess, it is all about bitcoin (and altcoin) pumps, they all look the same in the end. It is about how cool you keep and if are able to ride the wave and trade it properly.

[spooderman]

please someone quote me:

the ETF is nothing but trouble for bitcoin. best case: it fails, we crash and recover.

[BTCtrader71]

please someone quote me:

the ETF is nothing but trouble for bitcoin. best case: it fails, we crash and recover.

done

[Gyrsur]

please someone quote me:

the ETF is nothing but trouble for bitcoin. best case: it fails, we crash and recover.

done

double done

[klondike_bar]

ATH in price is only one side of the coin. the other is market cap.

in 2013 the market cap was ~12B at its peak, and litecoin was less than $100M.

today bitcoin is almost $19B, and the next 5 top coins have a combined $2B.

cryptocurrency as an entire sector is up 8 *BILLION* dollars, or ~66% since the 2013 peak.

[Spaceman_Spiff]

the ETF is nothing but trouble for bitcoin. best case: it fails, we crash and recover.

Why?

[Oinas]

ATH in price is only one side of the coin. the other is market cap.

in 2013 the market cap was ~12B at its peak, and litecoin was less than $100M.

today bitcoin is almost $19B, and the next 5 top coins have a combined $2B.

cryptocurrency as an entire sector is up 8 *BILLION* dollars, or ~66% since the 2013 peak.

Very good points

[fichtn12345]

ATH in price is only one side of the coin. the other is market cap.

in 2013 the market cap was ~12B at its peak, and litecoin was less than $100M.

today bitcoin is almost $19B, and the next 5 top coins have a combined $2B.

cryptocurrency as an entire sector is up 8 *BILLION* dollars, or ~66% since the 2013 peak.

Confirmed.

[ErisDiscordia]

please someone quote me:

the ETF is nothing but trouble for bitcoin. best case: it fails, we crash and recover.

done

double done

confirmed.

[yefi]

Lambie obviously spent a lot of time and effort in her trolling. If it weren't for her obnoxious obsession with pedo crap, geriatric porn, etc., and her personal attacks, she could have been one of the all-time greats.

It's pretty hard to laugh with a mouthful of shit.

Lambie, like a mind caught up in a vortex that it cannot see, spiralling endlessly.

[sidhujag]

ATH in price is only one side of the coin. the other is market cap.

in 2013 the market cap was ~12B at its peak, and litecoin was less than $100M.

today bitcoin is almost $19B, and the next 5 top coins have a combined $2B.

cryptocurrency as an entire sector is up 8 *BILLION* dollars, or ~66% since the 2013 peak.

$8 billion has NOT been poured in since 2013. Supply in all of those coins have risen essentially people hodling = marketcap rising. I bet less than a few hundred million $ has been put in but essentially people are willing to hodl coins more and more as they lose trust in the governments and services appear that allow you to bypass fiat and spend your crypto anywhere fiat is accepted.

[marcus_of_augustus]

ATH in price is only one side of the coin. the other is market cap.

in 2013 the market cap was ~12B at its peak, and litecoin was less than $100M.

today bitcoin is almost $19B, and the next 5 top coins have a combined $2B.

cryptocurrency as an entire sector is up 8 *BILLION* dollars, or ~66% since the 2013 peak.

$8 billion has NOT been poured in since 2013. Supply in all of those coins have risen essentially people hodling = marketcap rising. I bet less than a few hundred million $ has been put in but essentially people are willing to hodl coins more and more as they lose trust in the governments and services appear that allow you to bypass fiat and spend your crypto anywhere fiat is accepted.

But isn't that what asset valuations fundamentally are ... ?

If more people are prepared to hold onto an asset for higher prices they are implicitly placing more valuation in the coins/asset they are holding ... it is exactly the same thing as "pouring" $8 billion of value into that asset. Or else they would have sold .... and it is arbitrary that use USD (which is a devaluing asset) to measure the value of what is being "poured" into BTC anyway.