Bitcoin Forum
January 29, 2020, 05:10:11 PM *
News: Latest Bitcoin Core release: 0.19.0.1 [Torrent]
 
   Home   Help Search Login Register More  
Poll
Question: Next Bubble Top (resulting in a new ATH):
Will never reach a new ATH - 10 (8.1%)
$20,000-$49,999 - 26 (21%)
$50,000-$99,999 - 30 (24.2%)
$100,000-$149,999 - 23 (18.5%)
$150,000-$199,999 - 9 (7.3%)
$200,000-$249,999 - 7 (5.6%)
$250,000-$299,999 - 3 (2.4%)
$300,000-$350,000 - 1 (0.8%)
>$350,000 - 15 (12.1%)
Total Voters: 124

Pages: « 1 ... 17056 17057 17058 17059 17060 17061 17062 17063 17064 17065 17066 17067 17068 17069 17070 17071 17072 17073 17074 17075 17076 17077 17078 17079 17080 17081 17082 17083 17084 17085 17086 17087 17088 17089 17090 17091 17092 17093 17094 17095 17096 17097 17098 17099 17100 17101 17102 17103 17104 17105 [17106] 17107 17108 17109 17110 17111 17112 17113 17114 17115 17116 17117 17118 17119 17120 17121 17122 17123 17124 17125 17126 17127 17128 17129 17130 17131 17132 17133 17134 17135 17136 17137 17138 17139 17140 17141 17142 17143 17144 17145 17146 17147 17148 17149 17150 17151 17152 17153 17154 17155 17156 ... 25923 »
  Print  
Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 21506713 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. (142 posts by 32 users deleted.)
European Central Bank
Legendary
*
Offline Offline

Activity: 1288
Merit: 1080



View Profile
June 17, 2017, 12:46:47 AM

Guys, just a PSA, please quit worshipping or glorifying Vinny Lingham just because he is on some stupid TV show. The guy is a complete idiot hack who knows absolutely nothing about Bitcoin protocol design but keeps pretending like he does. Kinda like Roger Ver. And his calls on bitcoin price movement have been way off too, so he's not even a decent oracle.

https://twitter.com/VinnyLingham/status/844658734991257600

he sold everything because of the previous threatened unlimited fork. i think he's a little bit adrift these days. he probably sits on park benches tweeting to himself.
1580317811
Hero Member
*
Offline Offline

Posts: 1580317811

View Profile Personal Message (Offline)

Ignore
1580317811
Reply with quote  #2

1580317811
Report to moderator
1580317811
Hero Member
*
Offline Offline

Posts: 1580317811

View Profile Personal Message (Offline)

Ignore
1580317811
Reply with quote  #2

1580317811
Report to moderator
1580317811
Hero Member
*
Offline Offline

Posts: 1580317811

View Profile Personal Message (Offline)

Ignore
1580317811
Reply with quote  #2

1580317811
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1580317811
Hero Member
*
Offline Offline

Posts: 1580317811

View Profile Personal Message (Offline)

Ignore
1580317811
Reply with quote  #2

1580317811
Report to moderator
1580317811
Hero Member
*
Offline Offline

Posts: 1580317811

View Profile Personal Message (Offline)

Ignore
1580317811
Reply with quote  #2

1580317811
Report to moderator
1580317811
Hero Member
*
Offline Offline

Posts: 1580317811

View Profile Personal Message (Offline)

Ignore
1580317811
Reply with quote  #2

1580317811
Report to moderator
N12
Donator
Legendary
*
Offline Offline

Activity: 1610
Merit: 1003



View Profile
June 17, 2017, 01:28:07 AM

Everyone looking forward to the weekend dumps?
bones261
Legendary
*
Offline Offline

Activity: 1708
Merit: 1707



View Profile
June 17, 2017, 01:34:06 AM

Everyone looking forward to the weekend dumps?

Satoshi needs to come out of hiding with all of his BTC and dump all the markets down to $1.00 while I'm involved in a short. I'm sure the markets will recover quickly.  Grin
White sugar
Legendary
*
Offline Offline

Activity: 1204
Merit: 1002


View Profile
June 17, 2017, 01:59:05 AM

In the meanwhile, Litecoin is being highly pumped because LTC will be traded on Bitstamp by Monday and maybe something related to lightning network.

I think people may sell BTC for LTC and dump the BTC price a little.
criptix
Legendary
*
Offline Offline

Activity: 2100
Merit: 1089


View Profile
June 17, 2017, 02:02:51 AM

Uhm is it time to go full fomo in ltc?

Ltc trailed btc 1:15 at the peak?
bitserve
Legendary
*
Offline Offline

Activity: 1106
Merit: 1030


Self made HODLER ✓


View Profile
June 17, 2017, 02:06:43 AM

In the meanwhile, Litecoin is being highly pumped because LTC will be traded on Bitstamp by Monday and maybe something related to lightning network.

I think people may sell BTC for LTC and dump the BTC price a little.

It was totally expected that LTC would moon. Also in the past few days satoshilite has resigned from Coinbase to fully devote to Litecoin. LTC will be traded on Bitstamp on monday, which is another bullish factor... but Bitstamp doesn't have LN implemented yet, just regular trading and transactions.

I am not so sure many Bitcoiners will do that right now. Most probably already did when LTC announced it was implementing Segwit as a matter of showing support to Segwit (at least thats what I did).

I can't even imagine how much will Bitcoin rise when Segwit approval is a sure thing and all scaling issues are finally solved.
European Central Bank
Legendary
*
Offline Offline

Activity: 1288
Merit: 1080



View Profile
June 17, 2017, 02:18:00 AM

While I'm looking forward to seeing what a lightning network looks like,  it may not be the miracle everyone's hoping for.

They've restricted the amounts you can send to 0.042 and you're still tied to on chain transactions at either end.

Just the beginning of course so there'll be way more to come but theres alot to hammer out.
TeeBone
Sr. Member
****
Offline Offline

Activity: 502
Merit: 251


View Profile
June 17, 2017, 04:09:20 AM

Litecoin's gonna breakout hard, charts bullish......one of the few alts (monero too) that isnt scammyish.
bones261
Legendary
*
Offline Offline

Activity: 1708
Merit: 1707



View Profile
June 17, 2017, 04:14:19 AM

Litecoin's gonna breakout hard, charts bullish......one of the few alts (monero too) that isnt scammyish.
I have no way of actually knowing, but I'm probably helping people go long on LTC on Polo with my margin lending. Wasn't paying attention. Should have transferred funds to margin and went long myself hours ago.
luckygenough56
Legendary
*
Offline Offline

Activity: 1442
Merit: 1009



View Profile
June 17, 2017, 05:04:38 AM

ltc is probably on road to test 48 the last ATH

am actually happy to see ltc getting some love

TeeBone
Sr. Member
****
Offline Offline

Activity: 502
Merit: 251


View Profile
June 17, 2017, 05:25:15 AM

ltc is probably on road to test 48 the last ATH

am actually happy to see ltc getting some love



Will probably blast through the ATH. Its due, 4 years a long time.
FractalUniverse
Hero Member
*****
Offline Offline

Activity: 1008
Merit: 558



View Profile
June 17, 2017, 07:17:04 AM

Im wondering how to assess pump exhaustion from chart/price action, and predict its end in advance (0.5-1 minute is ok ) :] is that possible at all?
From what i saw in the past so far it can be mess, some are still buying while others are dumping..
starmman
Legendary
*
Offline Offline

Activity: 1372
Merit: 1029



View Profile
June 17, 2017, 07:52:15 AM

In the meanwhile, Litecoin is being highly pumped because LTC will be traded on Bitstamp by Monday and maybe something related to lightning network.

I think people may sell BTC for LTC and dump the BTC price a little.
Looking good - I'm glad a bought a bit of extra LTC a few days ago - thanks for the tip people...
Iranus
Hero Member
*****
Offline Offline

Activity: 518
Merit: 503


View Profile
June 17, 2017, 07:53:19 AM

While I'm looking forward to seeing what a lightning network looks like,  it may not be the miracle everyone's hoping for.

They've restricted the amounts you can send to 0.042 and you're still tied to on chain transactions at either end.
I don't think that matters if the thing you're spending is valuable.

If we had 0.042 BTC to spend on the Lightning Network, we'd be talking about about $100 now (and probably more by the time it's implemented).

On Litecoin it'll be much less, but that's fine because the LN is primarily for microtransactions anyway.  Onchain transactions will always be necessary but if we're talking about >0.042 BTC for example, the fees won't be too high.
starmman
Legendary
*
Offline Offline

Activity: 1372
Merit: 1029



View Profile
June 17, 2017, 08:31:14 AM

While I'm looking forward to seeing what a lightning network looks like,  it may not be the miracle everyone's hoping for.

They've restricted the amounts you can send to 0.042 and you're still tied to on chain transactions at either end.

Just the beginning of course so there'll be way more to come but theres alot to hammer out.
Lightning network sounds great for me - I rarely transfer more than 0.05BTC these days - and if I do - I don't mind about the TX fees.

Has it been agreed yet? I think it'll be a game changer.
Pajulapoiss
Sr. Member
****
Offline Offline

Activity: 532
Merit: 251


View Profile
June 17, 2017, 09:27:00 AM

I don't know the technical of how to fix it,

Okay...

I don't know the technical of how to fix it,
but that's not important, I'm sure there are people who have a fair idea of how to do it. Do it in a way that  maintains the very essence of Bitcoin. Keep it as decentralized as possible. Don't mess anything up! GIVE THE POWER BACK TO THE PEOPLE!
If that means not highening the block size, so be it. "...Well but the network fee is too high then!" well go use some other coin to pay for your coffe if it's too high.. One should use Bitcoin as a cryptocurrencies vault, from where one can send a larger amount to another wallet, which is to be used for daily purchases.
 Don't close the door on the guy who has his miner in the basement. If there is no people, there is no value.

And you betray yourself with your followup. You are belittling people, many of whom have very technical backgrounds who happen to disagree with the way Core is handling things and who do not see this "decentralization" argument as more than a scare tactic. You claim you do not understand well the mechanisms then fall back on relying on authority. If you really don't understand the technicals of why people are pushing for a block size limit increase, I suggest you educate yourself but I suspect the "I'm just a simple rube" act is exactly that.

And for what it's worth, high fees are devastating for the small miner.

I'm not trying to belittle anyone.  So what is so scary about Bitcoin being decentralized? I think this is where human consciousness is moving, slowly, but surely. 

Relying on authority is the very thing that has been helping create the unjust world we live in today, So I'm not gonna rely on "authority" who only have their own porfit and wellbeing in mind.

But in the end I guess none of it doesn't really matter, because it's the user, who will decide where he want's to put his money and which mentality to follow. And the WISE will know and gather round, the greedy, well, their struggle never ends.

I suggest you learn the difference between education and intelligence. The first does not guarantee the last.

Can you explain how higher fees are devastating for the small miner?
LFC_Bitcoin
Legendary
*
Online Online

Activity: 1974
Merit: 2596


One of the world's leading Bitcoin-powered casinos


View Profile
June 17, 2017, 09:32:58 AM

Good to see that the price has recovered well after the recent dump, lowest I saw was in the $2100's range. We are now up to $2540 on Bitstamp so the question I want to ask is who are the weak hands who sold at the bottom?
BlindMayorBitcorn
Legendary
*
Offline Offline

Activity: 1260
Merit: 1107



View Profile
June 17, 2017, 09:38:21 AM
Last edit: June 18, 2017, 04:59:20 AM by BlindMayorBitcorn

6 weeks to a potential chain split...something something BIP9...and up we go. Whatever. Cheesy
HI-TEC99
Legendary
*
Offline Offline

Activity: 1750
Merit: 1110



View Profile
June 17, 2017, 09:40:36 AM

Im wondering how to assess pump exhaustion from chart/price action, and predict its end in advance (0.5-1 minute is ok ) :] is that possible at all?
From what i saw in the past so far it can be mess, some are still buying while others are dumping..

I don't think there is a very reliable way to predict it, and history doesn't always repeat itself. However Elwar says that in 2013 the price doubling in a week, or half a week was what preceded a crash.


In 2013 it went like this.

First bubble:
Double in a month
Double in 2 weeks
Double in 1 week
Double in half a week
Up a bit then crash

Second bubble:
Double in a month
Double in 2 weeks
Double in 1 week
Up a bit then crash

Recently we doubled in a month (1250 to 2500) but then it flattened out. That's a good thing.
JayJuanGee
Legendary
*
Online Online

Activity: 2156
Merit: 2361


How much alt coin diversification is needed? 0%?


View Profile
June 17, 2017, 09:45:04 AM

Good to see that the price has recovered well after the recent dump, lowest I saw was in the $2100's range. We are now up to $2540 on Bitstamp so the question I want to ask is who are the weak hands who sold at the bottom?

Yep I was thinking that we were going to have one more leg to the dump (correction), and in the past 12 hours or so, I have becoming a bit more inclined to believe that there might not be a third leg.  We just got two legs.

Also, I do not sell on the way down, I buy, but since I thought that there might be a third leg down, I held back a bit on buying as much, just in case.

We are not out of the woods, yet, so we could still have a third downward leg, but the odds seem to becoming less and less especially given the seemingly pretty decent onwards and upwards buying pressure, and if we get above $2600, then it going to seem pretty probable that we are back on track to test $3k.

Actually, it is going to be a bit difficult for this week's candle to turn out green.  In order to close green, we have to be above $2,960 at midnight GMT.  What are the odds?  less than 30%?  I wonder?  Would be pretty bullish if this week's candle ended up green, no?
Pages: « 1 ... 17056 17057 17058 17059 17060 17061 17062 17063 17064 17065 17066 17067 17068 17069 17070 17071 17072 17073 17074 17075 17076 17077 17078 17079 17080 17081 17082 17083 17084 17085 17086 17087 17088 17089 17090 17091 17092 17093 17094 17095 17096 17097 17098 17099 17100 17101 17102 17103 17104 17105 [17106] 17107 17108 17109 17110 17111 17112 17113 17114 17115 17116 17117 17118 17119 17120 17121 17122 17123 17124 17125 17126 17127 17128 17129 17130 17131 17132 17133 17134 17135 17136 17137 17138 17139 17140 17141 17142 17143 17144 17145 17146 17147 17148 17149 17150 17151 17152 17153 17154 17155 17156 ... 25923 »
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!