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Question: When $60K? (EST time zone)
Feb. 21 - 7 (5.7%)
Feb. 22 - 19 (15.6%)
Feb. 23 - 13 (10.7%)
Feb. 24 - 9 (7.4%)
Feb. 25 - 8 (6.6%)
Feb. 26 - 9 (7.4%)
Feb. 27 - 3 (2.5%)
Feb. 28 - 4 (3.3%)
March - 28 (23%)
After March - 14 (11.5%)
Never - 8 (6.6%)
Total Voters: 122

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 25193148 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. (157 posts by 13 users deleted.)
starmman
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July 11, 2017, 09:32:11 AM

Anyone else enjoying the blood bath? Real Bitcoin holders remain unaffected.



The Bitcoin price is holding pretty nicely in comparison to the *rest*.

I'm currently about 20% down over the last 3 days - but actually loving all this volatility
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JayJuanGee
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How much alt coin diversification is needed? 0%?


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July 11, 2017, 09:38:31 AM

Anyone else enjoying the blood bath? Real Bitcoin holders remain unaffected.



The Bitcoin price is holding pretty nicely in comparison to the *rest*.

Looks like at some point, we might begin to witness an opposite correlation of BTC and the unnamed coin... .hahahaha.. unnamed.

Anyhow, we had been seeing a kind of less extreme movement of BTC, but possibly at some point, some of these folks are going to realize that bitcoin is holding and increasing in value while various shit coins are losing value... go figure?  Wonder where I should put my money?  lifeline for rocket scientist?   
lightfoot
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I fix broken miners. And make holes in teeth :-)


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July 11, 2017, 09:56:42 AM

Man I woke up, saw this thread and thought it crashed to 1700 or so. Then checked and it's at 2300 or so.

*yawn* Going back to bed. Worse things happen in a rain storm.
starmman
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July 11, 2017, 09:59:30 AM

Man I woke up, saw this thread and thought it crashed to 1700 or so. Then checked and it's at 2300 or so.

*yawn* Going back to bed. Worse things happen in a rain storm.

Only problem is with the alts retracing to around their May values, BTC seems fine IMO
Lauda
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Terminated.


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July 11, 2017, 10:41:16 AM

No problem here. I will sit it out as usual and try to accumulate more BTC. Will be interesting to see where the bottom will be this time. For now I don't think we've reached it so far. Altcoins holders will have to suffer much much more.They gonna learn it the very hard way!
Indeed. The good part of a longer bear market is the chance of getting more BTC.

I'm currently about 20% down over the last 3 days - but actually loving all this volatility
I have absolutely no idea how down I am, and I do not care. The Bitcoin price holding over $2000 is pretty great.

Looks like at some point, we might begin to witness an opposite correlation of BTC and the unnamed coin... .hahahaha.. unnamed.
But someone told me that unnamed coin is the future Huh Huh Cheesy

Anyhow, we had been seeing a kind of less extreme movement of BTC, but possibly at some point, some of these folks are going to realize that bitcoin is holding and increasing in value while various shit coins are losing value... go figure?  Wonder where I should put my money?  lifeline for rocket scientist?  
The only truth right now: Bitcoin is the only coin with any actual fundamentals and widespread adoption. The rest are purely speculative or scams.
Last of the V8s
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July 11, 2017, 10:58:46 AM

https://twitter.com/The_K_meister/status/884648706372448256
 Kolin Burges‏ @The_K_meister 5h5 hours ago

Karpeles admits operating Willy bot, now called an "obligation exchange", but says it was for good of company so not illegal #KarpelesTrial
empowering
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July 11, 2017, 11:25:36 AM

That is a pretty heavy drop currently.

Ether is tanking brutally.

snip

because no cryptocurrency created thus far (and probably ever) actually improves upon metals in any way
  


 Cheesy Cheesy Cheesy Cheesy Cheesy Cheesy Cheesy
empowering
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July 11, 2017, 11:29:11 AM

https://twitter.com/The_K_meister/status/884648706372448256
 Kolin Burges‏ @The_K_meister 5h5 hours ago

Karpeles admits operating Willy bot, now called an "obligation exchange", but says it was for good of company so not illegal #KarpelesTrial


What do we reckon..... 5 years in the clink or a $4000 fine ??  Cheesy Cheesy

Nobody is going to prison fuck him Sad   hmmmm unless maybe a sumo...
Meuh6879
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July 11, 2017, 11:42:59 AM

Anyone else enjoying the blood bath?




But ... if we look closer :



elite3000
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July 11, 2017, 12:34:22 PM

Looks like this was only the weekend dump delayed. Price should be above $2400 in hours and near or above $2500 in few days.

Keep trading and wait the next dump.
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July 11, 2017, 12:45:04 PM
Last edit: July 11, 2017, 02:30:00 PM by Torque

<snip>

To make things even worse, when they pull the plug on BTC + alts, they let everything implode while putting up giant support walls on Ethereum so that each market implosion always has Ethereum gaining ground in market share compared to bitcoin and all other alts.  Vitalik should be public enemy #1 for helping the bankers attempt to take over cryptocurrency.  

r0ach, I may not agree with everything you posit, but this post is pretty much in line with what I have observed as well. There have been multiple attempts to undermine Bitcoin this year, whether it has been the undermine-confidence attacks from the BU/Roger Ver/Jihan Wu/Craig Wright crowd, or the divide-dilute-and-conquer attacks with the "shitcoin flippening" this year. Pumping ETH and ICOs has been the most insidious and ridiculous thing I've ever seen. And of course it worked on some of the weak-minded, because they are sheep driven only by greed, and not by critical thinking and common sense.

All of it has been by design by nefarious actors that want a) more control of the crypto ecosystem b) to win over hearts and minds of the users, and c) extract the most money through more control.

This is dangerous and Bitcoiners should be ever more vigilant in pushing back against these attacks.

As for me, I don't really give a shit.  I was dumping bitcoins for silver as fast as possible from $2700 to $2500 because no cryptocurrency created thus far (and probably ever) actually improves upon metals in any way besides how fast you can dump them.
Well that is your opinion and your prerogative about Bitcoin. I happen to not agree, I don't believe that Bitcoin is trying to 'out do' or compete directly with metals. It's just a different form of the same type of thing, a digital fallback or out against the corruption of the global fiat regime. I still see Bitcoin and metals as complimentary.

Incidentally though, I did see an interim top around ~$2700, and after 4 patient years of holding and waiting to take some advantage, I bought some metals too. Especially now when the banking cabal is trying to squash metals into the ground so that Average Joes have apathy toward metals, and even long time bugs are exhausted and starting to give up on them.

But if I didn't have either one, I'd buy some bitcoin first. I still believe that long term Bitcoin will outperform metals by a large degree. The world is digital and interconnected now, and I don't see that ever changing.

I feel that the global ruling elite are starting to get desperate, and when the inevitable crash and global reset finally comes, they don't want anyone other than themselves (the top 1%) to have any true wealth as a backstop for the reset, only debt. That way they can start the game all over again with themselves at the top and once again in control.
edgar
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July 11, 2017, 01:10:00 PM

shocking roach doesnt mention the gold price...

and what an opportunity it could be..
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July 11, 2017, 01:13:05 PM

I was dumping bitcoins for silver as fast as possible from $2700 to $2500 because no cryptocurrency created thus far (and probably ever) actually improves upon metals in any way besides how fast you can dump them.

If that's the only improvement of bitcoin over metals, I'd say that's a pretty good property: the ability to dump them fast, almost anywhere in the world, and bringing them with you across international borders if you have to travel.
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July 11, 2017, 01:23:36 PM

From what I see it recovered over 100$ (close to 140$) in some 7h, at least on Bitstamp.



The funny thing is that this means nothing. A lot can (and will) happen in the next 30 days.
Prova123
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July 11, 2017, 01:24:14 PM

...
I feel that the global ruling elite are starting to get desperate, and when the inevitable crash and global reset finally comes, they don't want anyone other than themselves (the top 1%) to have any true wealth as a backstop for the reset, only debt. That way they can start the game all over again with themselves at the top and once again in control.

very interesting your ideas.
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July 11, 2017, 01:38:58 PM

From what I see it recovered over 100$ (close to 140$) in some 7h, at least on Bitstamp.



The funny thing is that this means nothing. A lot can (and will) happen in the next 30 days.

100 USD swings in price are nothing, I don't know why people get excited at such changes.
We will see what happens after August 1st, I'm hoping for a huge break upwards but concerned the opposite might happen. 
Ludwig Von
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July 11, 2017, 01:45:01 PM

I fully follow R0ach and Torque in their view. And don 't forget that we will have to see how the new Asian Mom and Pop investors(gamblers) will react. Two years ago they were lured into buying stawks and had a very cold shower for that... . Now they stepped in BTC (at ATH) so I can see something coming from the far east... .

70 percent in gold, 20 in BTC, 10 in cash.
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July 11, 2017, 02:30:27 PM

If the sort of dystopian, hyper-inflationary future that gold bugs predict actually happens, it seems likely to me that there will be jackbooted thugs kicking down their doors to take their gold. This has happened before, even in the US.

If they want to steal my bitcoins, they'd better be able to crack SHA-256.
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July 11, 2017, 02:36:44 PM

If the sort of dystopian, hyper-inflationary future that gold bugs predict actually happens, it seems likely to me that there will be jackbooted thugs kicking down their doors to take their gold. This has happened before, even in the US.

If they want to steal my bitcoins, they'd better be able to crack SHA-256.

Do you hear me make dystopian predictions?  Grin And look, the confusion in BTC universe is also driven by greed... . It 's the nature of the beast, no matter the evironment.
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July 11, 2017, 02:38:28 PM

https://twitter.com/The_K_meister/status/884648706372448256
 Kolin Burges‏ @The_K_meister 5h5 hours ago

Karpeles admits operating Willy bot, now called an "obligation exchange", but says it was for good of company so not illegal #KarpelesTrial


What do we reckon..... 5 years in the clink or a $4000 fine ??  Cheesy Cheesy

Nobody is going to prison fuck him Sad   hmmmm unless maybe a sumo...

Before the clink.



After ten months in the clink.



If he does go to the clink even a few years will be tough on his waistline. Look at what a mere ten months did to it (and his jowls).
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