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

[LFC_Bitcoin]

I’ll be dumping my BTG as soon as I think it’s safe to do so tbh. I don’t see it having any future, useless coin. Just free money, I’ll convert some into bitcoin & spend the rest, probably on a couple of holidays.

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[gentlemand]

probably on a couple of holidays.

Looks like we have a BTG bull on our hands here.

GET HIM.

[kurious]

I’ll be dumping my BTG as soon as I think it’s safe to do so tbh. I don’t see it having any future, useless coin. Just free money, I’ll convert some into bitcoin & spend the rest, probably on a couple of holidays.

Into moving cold storage coins hassle again - is there even a wallet for it?

[Coinnosaurus]

No worries for me. I even bought 2 BTC at 6300 €/coin, but I don't mind. I know it will turn around and reach a new ATH soon.

Don't panic, and just HoDL. Tried, tested and 100% proven strategy for big long-term gains...

see you at 3k per coin 

[sirazimuth]

Well yesterday it was briefly gentleman..
Today, not so much....

[podyx]

Did bitstamp distribute BTG when the split happend?

[ragnar0k]

Balls, we are going to 5xxx. I'll wait for the dead cat to sell the play btc

[DeathAngel]

Balls, we are going to 5xxx. I'll wait for the dead cat to sell the play btc

There’s always good buying opportunities at times like this, especially if it goes to 5xxx. Don’t be the idiot(s) who sell at the bottom.

[ragnar0k]

Balls, we are going to 5xxx. I'll wait for the dead cat to sell the play btc

There’s always good buying opportunities at times like this, especially if it goes to 5xxx. Don’t be the idiot(s) who sell at the bottom.

If it follows the old patterns, we'll go up again for a short while before going full bear and I'll sell there (not my actual BTCs that are hidden away in case I have any bad ideas). Hopefully we recover by EOY!

[Torque]

Balls, we are going to 5xxx. I'll wait for the dead cat to sell the play btc

There’s always good buying opportunities at times like this, especially if it goes to 5xxx. Don’t be the idiot(s) who sell at the bottom.

If it follows the old patterns, we'll go up again for a short while before going full bear and I'll sell there (not my actual BTCs that are hidden away in case I have any bad ideas). Hopefully we recover by EOY!

[lightfoot]

6850 is end of the world?

[conspirosphere.tk]

6850 is end of the world?

https://i.imgur.com/iXXHM9a.gif

"Forget those damn Blipcoins and such electric tulips that are about to get turned off. If it aint shiny and you don't hold it then it aint worth shit. https://austrian.economicblogs.org/max-keiser/2017/keiser-german-investors-largest-gold-buyers/"
/Quote of the day

But guess in what speculators who won at playing alts will cash their profits in.

[marksneg01]

People...don't be in panic, and don't sell your Btc, and don't sell and buy other coins trying to earn because the reality is that you will lose, if you are not a professional trader then be quiet, be calm...and forget this till december or next year...i am newbie in this forum but i have a lot of time in this bitcoin ecosystem and developing in the blockchain 

[Coinnosaurus]

[Elwar]

Looks like Roach was right guys. Should I buy 100 pounds of gold to carry around with me as I travel the world instead of bitcoins?

[practicaldreamer]

''One clarification that often gets left out of this debate is that a better version of PayPal can be built on top of Bitcoin (ie.via Lightning) in a situation where the base layer is used for the digital gold use case. But it doesn’t work the other way around — you can’t build a more secure system on top of a less secure base.''  https://www.forbes.com/sites/ktorpey/2017/11/09/failure-segwit2x-shows-bitcoin-digital-gold-not-paypal/#7938e5972233

Thats about the size of it for me at this point in time.

[Torque]

Looks like Roach was right guys. Should I buy 100 pounds of gold to carry around with me as I travel the world instead of bitcoins?

Might be hard to break a gold coin. Perhaps you should also travel with 1000 pounds of silver just to be safe.

[Torque]

''One clarification that often gets left out of this debate is that a better version of PayPal can be built on top of Bitcoin (ie.via Lightning) in a situation where the base layer is used for the digital gold use case. But it doesn’t work the other way around — you can’t build a more secure system on top of a less secure base.''  https://www.forbes.com/sites/ktorpey/2017/11/09/failure-segwit2x-shows-bitcoin-digital-gold-not-paypal/#7938e5972233

Thats about the size of it for me at this point in time.

Which pretty much mirrors every 3- and 4- tier application stack ever devised by man. Including the existing world financial system. They are architected that way because common sense and logic. There are reasons why nothing typically hits a secure database layer directly, including providing greater scalability.

[ivomm]

People...don't be in panic, and don't sell your Btc, and don't sell and buy other coins trying to earn because the reality is that you will lose, if you are not a professional trader then be quiet, be calm...and forget this till december or next year...i am newbie in this forum but i have a lot of time in this bitcoin ecosystem and developing in the blockchain 

Panic only newbies for whom 7% drop is the end of the world. We have to wait and hodl. The depth of the market swings again in favour of the demand and miners seeking daily profit switched to BCH. I guess that BTC price will recover in matter of several days or even hours. 

[NUFCrichard]

Somehow the fear isn't quite the same when the price falls from $7200 to $6700 as when it fell from $2000 to $1500 or so.
It'll probably swing back to $7000+ in the next hour or so. I don't buy at these kind of prices, but I don't think this is the beginning of the end either!

Bitcoin Cash has had a big day though, I guess that was to be expected after 2x was cancelled, strange that it took so long though.