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

[Spaceman_Spiff]

*Edit: I bought back like 80% of my coins

Ok, that was original 

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[Spaceman_Spiff]

But let's flip your stupid assertion on its head. Isn't it a problem that one angry chinese miner and one high powered enthusiast on the autism specter can bring Bitcoin to its knees? Why is that? Why is Bitcoin so weak?

A lot of bitcoin haters joined forces to make it look weak. Those are different groups with different agendas. They would hate to see segwit, LN and side chains implemented. Every fucking altcoin can be implemented as a bitcoin side chain without any risk to consumers! But that is the last thing banks would like to see. So they pump the alts they've chosen to distract average Joe from further converting his savings into bitcoins. The alt is not dangerous for banks. They can kill it anytime just by dumping it. 99% of altcoin investors are just desperado gamblers that don't really care about smart contracts or whatever.

Do you really think the BU crowd, the banks, Roger Ver and some Chinese dark forces all sat around a table together and conspired to bring Bitcoin down?

I know this is the internet age and anyone can believe anything - but the problem is simple. Bitcoin is at war with itself, unable to change to deliver a solution to a real problem and lacking leadership, and direction.

It has issues and no solution is apparent.  There is no conspiracy of dumpers, just people who worry and sell coins because of this uncertainty.  It is rational behaviour to sell when the price is not looking realistic.

That is all.  I am a Bitcoin fan.

Agreed, although I wouldn't say that we need leadership but rather a more clear mechanism of decision making.

[ImI]

But let's flip your stupid assertion on its head. Isn't it a problem that one angry chinese miner and one high powered enthusiast on the autism specter can bring Bitcoin to its knees? Why is that? Why is Bitcoin so weak?

A lot of bitcoin haters joined forces to make it look weak. Those are different groups with different agendas. They would hate to see segwit, LN and side chains implemented. Every fucking altcoin can be implemented as a bitcoin side chain without any risk to consumers! But that is the last thing banks would like to see. So they pump the alts they've chosen to distract average Joe from further converting his savings into bitcoins. The alt is not dangerous for banks. They can kill it anytime just by dumping it. 99% of altcoin investors are just desperado gamblers that don't really care about smart contracts or whatever.

Do you really think the BU crowd, the banks, Roger Ver and some Chinese dark forces all sat around a table together and conspired to bring Bitcoin down?

I know this is the internet age and anyone can believe anything - but the problem is simple. Bitcoin is at war with itself, unable to change to deliver a solution to a real problem and lacking leadership, and direction.

It has issues and no solution is apparent.  There is no conspiracy of dumpers, just people who worry and sell coins because of this uncertainty.  It is rational behaviour to sell when the price is not looking realistic.

That is all.  I am a Bitcoin fan.

Agreed, although I wouldn't say that we need leadership but rather a more clear mechanism of decision making.

1 BTC = 1 VOTE

[r0ach]

Agreed, although I wouldn't say that we need leadership but rather a more clear mechanism of decision making.

1 BTC = 1 VOTE

Congratulations on inventing proof of stake, a closed entropy, non-decentralized system.

[Unacceptable]

I know this is the internet age and anyone can believe anything - but the problem is simple. Bitcoin is at war with itself, unable to change to deliver a solution to a real problem and lacking leadership, and direction.

blah-blah-blah...

Bitcoin is at war with itself from day one. There will always be different groups that have conflicting agendas. That is the natural sate of every decentralized project.

Oh, and yes, "lack" of leadership is also good. Although, part of BUcoiners' arguments now is that Bitcoin is actually a Corecoin?!... So, is there a lack of leadership or there isn't?

There is a clear direction as well. Core team have a road map not from yesterday!

My point was simply that is is not a conspiracy, it is Bitcoin having problems within itself.

I have little respect for any sides in this battle, whether it be Core, or the likes of Roger Ver. I also struggle with people who think 'it's a black ops / conspiracy' and nothing is actually wrong with Bitcoin at all.

Surprised you guys can't see the problem.....Bitcoin IS centralized......can you the little peon miners change Bitcoin??
No,you cannot................

Can the Big Corp miners collude & change Bitcoin as of now??
Yes,they can..............

Enjoy!!! 

[Andrey123]

Guys what happens to the bitcoin course !! ?? Why does it fall?

[kurious]

But let's flip your stupid assertion on its head. Isn't it a problem that one angry chinese miner and one high powered enthusiast on the autism specter can bring Bitcoin to its knees? Why is that? Why is Bitcoin so weak?

A lot of bitcoin haters joined forces to make it look weak. Those are different groups with different agendas. They would hate to see segwit, LN and side chains implemented. Every fucking altcoin can be implemented as a bitcoin side chain without any risk to consumers! But that is the last thing banks would like to see. So they pump the alts they've chosen to distract average Joe from further converting his savings into bitcoins. The alt is not dangerous for banks. They can kill it anytime just by dumping it. 99% of altcoin investors are just desperado gamblers that don't really care about smart contracts or whatever.

Do you really think the BU crowd, the banks, Roger Ver and some Chinese dark forces all sat around a table together and conspired to bring Bitcoin down?

I know this is the internet age and anyone can believe anything - but the problem is simple. Bitcoin is at war with itself, unable to change to deliver a solution to a real problem and lacking leadership, and direction.

It has issues and no solution is apparent.  There is no conspiracy of dumpers, just people who worry and sell coins because of this uncertainty.  It is rational behaviour to sell when the price is not looking realistic.

That is all.  I am a Bitcoin fan.

Agreed, although I wouldn't say that we need leadership but rather a more clear mechanism of decision making.

I didn't mean centralised control, I just think the debate level is entrenched and hostile - all I see is is purile bickering.  What mechanism we can have for decisions is difficult to envisage.  Surely the default is the Core team - I have a feeling they could have done things better,or we wouldn't be here.  I don't think too many people disagree we have scaling issues, so starting from there, how did we get to this shitstorm?

[savetherainforest]

BTC be like:

Here come the Gandalf memes...

[slap]

"store of value"

[Lauda]

"store of value"

Bitcoin is up 'Change: +52.80%' in 6 months and everyone is crying in here. One year ago, this price was a dream.
Nobody likes a price decline, but you know who you need be complaining about (hint: the last name ends with a Ver and a Wu). $900 should hold, I guess.

[slap]

Ver and Wu fucked up bigtime, killing btc from within. Good job Roger, keep pumping that dash also!

I'm not crying though, I'm witnessing the drama from the outer lines and enjoying the gains from stupid alts, so eventually I can buy moarrr btc. Maybe. But I feel down because the killing of something great.

[Ted E. Bare]

They can't kill bitcoin. Alts are already decreasing and bitcoin is coming back up. China is also buying again.

[kurious]

But let's flip your stupid assertion on its head. Isn't it a problem that one angry chinese miner and one high powered enthusiast on the autism specter can bring Bitcoin to its knees? Why is that? Why is Bitcoin so weak?

A lot of bitcoin haters joined forces to make it look weak. Those are different groups with different agendas. They would hate to see segwit, LN and side chains implemented. Every fucking altcoin can be implemented as a bitcoin side chain without any risk to consumers! But that is the last thing banks would like to see. So they pump the alts they've chosen to distract average Joe from further converting his savings into bitcoins. The alt is not dangerous for banks. They can kill it anytime just by dumping it. 99% of altcoin investors are just desperado gamblers that don't really care about smart contracts or whatever.

Do you really think the BU crowd, the banks, Roger Ver and some Chinese dark forces all sat around a table together and conspired to bring Bitcoin down?

I know this is the internet age and anyone can believe anything - but the problem is simple. Bitcoin is at war with itself, unable to change to deliver a solution to a real problem and lacking leadership, and direction.

It has issues and no solution is apparent.  There is no conspiracy of dumpers, just people who worry and sell coins because of this uncertainty.  It is rational behaviour to sell when the price is not looking realistic.

That is all.  I am a Bitcoin fan.

Agreed, although I wouldn't say that we need leadership but rather a more clear mechanism of decision making.

1 BTC = 1 VOTE

If Satoshi was alive, I might agree to this.  I would trust his giant block vote, as would many, I suspect.

It's already true to say we can vote with our BTC by selling one chain and buying the other after any HF. But of course what we want is a mechanism to prevent this happening.  Miners would not necessarily approve of this sort of vote course.

I can't really see any new governance model emerging, but I do wish for a better debate and this whole issue sorting itself out sooner, rather than later

[york780]

Who sold at the bottom ?

[promomei]

Guys plz tell me im not the only one who notice that BTC was trading today many times at 911 price target 
Is it sign  (bad one i guess ) 

[york780]

Guys plz tell me im not the only one who notice that BTC was trading today many times at 911 price target 
Is it sign  (bad one i guess ) 

Its a moon sign. HODL.

[gentlemand]

Guys plz tell me im not the only one who notice that BTC was trading today many times at 911 price target 
Is it sign  (bad one i guess ) 

There's a serial killer who targets people on these boards when it hits that price.

Rather like those gang initiations who drive around with their lights off and murder the first person who flashes them, the first person to mention that price is gutted like a naughty piggy.

Don't be that guy.

[JayJuanGee]

York I apologize for publicly criticizing you. Great calls, I must say. Hope you are right. The past week has been kind of stressful for us bitcoiners.

You must really be quite depressed by price going down? Can't you see that yorky is making two opposite calls every 10 minutes? This is the typical chaotic behavior of every noob. Yorky is just more vocal than average noobs.

Making opposite calls is also a purposeful tool of trolls to get attention to their attempts at spreading nonsense.


It can be very difficult to suss out whether Yorky is a troll or an innocent noob, and that is why some folks just block out newbie accounts as soon as they start to talk any kind of nonsense.   

I personally don't block out any accounts, but I understand the rationale to do so, especially when some of them can really be all over the place and really distracting from providing any kind of meaningful  bitcoin related information.

[york780]

York I apologize for publicly criticizing you. Great calls, I must say. Hope you are right. The past week has been kind of stressful for us bitcoiners.

You must really be quite depressed by price going down? Can't you see that yorky is making two opposite calls every 10 minutes? This is the typical chaotic behavior of every noob. Yorky is just more vocal than average noobs.

Making opposite calls is also a purposeful tool of trolls to get attention to their attempts at spreading nonsense.


It can be very difficult to suss out whether Yorky is a troll or an innocent noob, and that is why some folks just block out newbie accounts as soon as they start to talk any kind of nonsense.   

I personally don't block out any accounts, but I understand the rationale to do so, especially when some of them can really be all over the place and really distracting from providing any kind of meaningful  bitcoin related information.

How about a trader that raised his BTC with 40% in 4 months? You can hate me or you can triumpf with me. Your choice. I know that i am not always right, but most of the time i am. You just dont have the balls to do something else than holding and never trading. My ROI will be much higher than yours. Losers look and judge winners. Winners keep winning and trying to help other folks. SSDD.

[Spaceman_Spiff]

Do you really think the BU crowd, the banks, Roger Ver and some Chinese dark forces all sat around a table together and conspired to bring Bitcoin down?

I know this is the internet age and anyone can believe anything - but the problem is simple. Bitcoin is at war with itself, unable to change to deliver a solution to a real problem and lacking leadership, and direction.

It has issues and no solution is apparent.  There is no conspiracy of dumpers, just people who worry and sell coins because of this uncertainty.  It is rational behaviour to sell when the price is not looking realistic.

That is all.  I am a Bitcoin fan.

Agreed, although I wouldn't say that we need leadership but rather a more clear mechanism of decision making.

1 BTC = 1 VOTE

To me, this seems like the most obvious solution, or at least part of the solution.