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

[ImI]

if price manages to stay above 1160 in the next few min's i'm gonna fire up my BU node and hope that helps

better fire up your BU-mining-farm

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[JimboToronto]

And popcorn, don't forget the popcorn 

Some of us prefer liquid carbohydrates (5% alc/vol).

Cash and Android device in hand, it's off to the bar I go.

Live music, real women and cold beer are much healthier than over-salted Monsanto corn drenched in artificially flavored trans-fat.

 

[tk3609]

Looks like that this dip is just the begening

Looks like you sold at the bottom, didn't you?

More like in the middle

[Ted E. Bare]

Luckily the enormous amounts of FUD we get every now and then seems to have less and less effect on the price.
For now I stick to my belief that every bitcoin under 1200 is a cheap coin. Have a good one Jimbo!

[HI-TEC99]

Luckily the enormous amounts of FUD we get every now and then seems to have less and less effect on the price.
For now I stick to my belief that every bitcoin under 1200 is a cheap coin. Have a good one Jimbo!

The next real barrier is £2000 now all the old ATHs are broken. We should break $2000 sooner or later this year. Anyone buying under $1200 will have almost doubled their money by then, and will be wishing he'd bought more when they were cheap.

[becoin]

Looks like that this dip is just the begening

Looks like you sold at the bottom, didn't you?

More like in the middle

Who sold at the bottom?

[AlexGR]

Looks like that this dip is just the begening

Looks like you sold at the bottom, didn't you?

More like in the middle

Who sold at the bottom?

Probably some altcoiner who cashed out his multi-XXX% profits and didn't even care for a 10% drop in BTC

[bitserve]

Healthy and much needed correction after this period of stagnation. Also some moderate volatility is always welcome.

Now lets just go segwit and head to moon soon.

[Torque]

Looks like that this dip is just the begening

Looks like you sold at the bottom, didn't you?

More like in the middle

Who sold at the bottom?

Roger Ver

[yefi]

It'll be a total shitshow. The two warring factions will get coins on both chains, so they'll all start dumping on the chain they don't like while alts take over.

This. Bitcoin's dominance is already lower than it's ever been. With a hard fork, at least one alt is bound to surpass its mcap, which will be catastrophic. 

[Killerpotleaf]

It'll be a total shitshow. The two warring factions will get coins on both chains, so they'll all start dumping on the chain they don't like while alts take over.

This. Bitcoin's dominance is already lower than it's ever been. With a hard fork, at least one alt is bound to surpass its mcap, which will be catastrophic. 

what if <10% get left behind, and then later join the 1.2MB Bitcoin chain again?

[r0ach]

It'll be a total shitshow. The two warring factions will get coins on both chains, so they'll all start dumping on the chain they don't like while alts take over.

Bullish silver.  Adam can't fork my silver.

[d5000]

It'll be a total shitshow. The two warring factions will get coins on both chains, so they'll all start dumping on the chain they don't like while alts take over.

This. Bitcoin's dominance is already lower than it's ever been. With a hard fork, at least one alt is bound to surpass its mcap, which will be catastrophic.  

For now, I don't think that they "take over". There is no real competitor in the top 10 of altcoins. D*sh is instamined and semi-centralized cr*p, ETH is not about payment but more a B2B solution. NEM is the Japanese Bankster Coin (JBC) and has a shady, blockchain-bloat-encouraging algorithm. Monero ... is OK but has even more scalability issues as BTC. Ripple and Byteball are totally centralized. LTC? Don't think so. So there is no real contender but all together could capture 50% of market share - and that would be already a hit for BTC.

[leowonderful]

Luckily the enormous amounts of FUD we get every now and then seems to have less and less effect on the price.
For now I stick to my belief that every bitcoin under 1200 is a cheap coin. Have a good one Jimbo!

The next real barrier is £2000 now all the old ATHs are broken. We should break $2000 sooner or later this year. Anyone buying under $1200 will have almost doubled their money by then, and will be wishing he'd bought more when they were cheap.

That's exactly what happened with me last year when I bought at 300- 4x profit all from holding, and I haven't even sold off half of my Bitcoin since then yet. HODLers just keep your seatbelts on and watch everything happen

Both chains will be dumped on like other members above me have said with BU and BTC, interesting to see what'll happen.

[r0ach]

It'll be a total shitshow. The two warring factions will get coins on both chains, so they'll all start dumping on the chain they don't like while alts take over.

This. Bitcoin's dominance is already lower than it's ever been. With a hard fork, at least one alt is bound to surpass its mcap, which will be catastrophic.  

For now, I don't think that they "take over". There is no real competitor in the top 10 of altcoins. D*sh is instamined and semi-centralized cr*p, ETH is not about payment but more a B2B solution. NEM is the Japanese Bankster Coin (JBC) and has a shady, blockchain-bloat-encouraging algorithm. Monero ... is OK but has even more scalability issues as BTC. Ripple and Byteball are totally centralized. LTC? Don't think so. So there is no real contender but all together could capture 50% of market share - and that would be already a hit for BTC.

Yep, if a hard fork managed to crater BTC, the market cap on all those alts is also going to be 1/2 or less of what they are now.  There is no way in hell I would be holding alts if I thought the price of bitcoin was about to crash to $500-800.

[r0ach]

A lot of people will probably lose their shirts due to it, but I bet BU trying to fork will end up with a segwit coin with new mining algo in retaliation + Winklevoss and Roger Ver dumping all those coins.  Bitcoin has a hard time moving forward with horrible distribution and centralized mining, so it would be better off in the long term, but short term will be mass rape.

[BlindMayorBitcorn]

Alt coiners are making fat stacks over there, man. This is embarrassing for us.  

[keystroke]

If there is any single vaccine to avoid, it is the pertussis shot.

Acellular pertussis is much safer than the old whole cell variant which was developed during the first half of the last century. Unfortunately the acellular form is more expensive so it is not used in many countries. The whole cell variant may indeed cause lasting brain damage in some unfortunate cases. I had the whole cell form as a child in the US and I remember being sick. I believe those born after the early 90s in the US have only received the purified "aP" form.

[JayJuanGee]

Alt coiners are making fat stacks over there, man. This is embarrassing for us.  

I am not sure whether I should ask.   Why does it matter if some alts are being pumped, whether it is 20% or 300% or even 1000%?  Why would that make bitcoin look bad?

Much easier to pump a smaller market cap, no?

Any bitcoiners worried yet about an altcoin take-over?   hahahaha.. seems like a joke, no?

[Killerpotleaf]

bitcoin is undergoing an identity crisis, its pretty clear why poeple are looking to alts.
I went looking for an altcoin pony to ride months ago.
But i did somthing foolish ( or brilliant )
my altcoin pony is basically depended on bitcoin's ability to scale.
as such its not performing as well as other alts these days...( to say the least    )
but i have faith.