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Question: Feb. 28 Closing Price:
<$1,000 - 9 (10.7%)
$2,600-$2,800 - 3 (3.6%)
$2,800-$3,000 - 6 (7.1%)
$3,000-$3,200 - 4 (4.8%)
$3,200-$3,400 - 6 (7.1%)
$3,400-$3,600 - 6 (7.1%)
$3,600-$3,800 - 14 (16.7%)
$3,800-$4,000 - 8 (9.5%)
$4,000-$4,200 - 12 (14.3%)
$4,200-$4,400 - 1 (1.2%)
$4,400-$4,600 - 4 (4.8%)
>$6,000 - 11 (13.1%)
Total Voters: 84

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 21034358 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. (7 posts by 3 users deleted.)
somac.
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November 12, 2017, 03:12:46 AM


Seriously, how much f***ing bitcoins do they have?! If I had 20BN the last thing I'd do is play stupid crypto wars like this. Go figure.


Not as many as you think, that's why they are doing this on a weekend. they couldn't manage it during the week.
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somac.
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November 12, 2017, 03:15:14 AM


But BTC sent to exchanges does. Monday will be interesting. BCH difficulty is forecast to double in 24 hours so miners will switch back to BTC and the memory pool should clear. Lot of coins probably reaching exchange wallets. Could see $5000 if panic selling starts.


BTC is not getting sent to exchanges, mempool is full remember.

Everybody wants to buy bitcoin, because that's all that is in the news day in day out. Altcoins, incl BCH, rarely make the news so less interest in them. This is a dip for buying, the new funds will be buying btc on Monday.
AZwarel
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November 12, 2017, 03:20:03 AM

This is too much free money to ignore for me. Had to brake some cold storage, split, now am waiting the magical 0.35 ratio, where usually alt-pumps die vs BTC. This is nothing new, i do not get why people panic.

Alts are for getting more BTC, first and foremost, apart maybe from "world's first vapor powered computer" eth (it was shilled in the MSM in the early summer, member?) which is now used for ICO scams in practice - and even crapping the bed on that one occasionally  Cheesy- , "average Joe" never heard about anything else than bitcoin in the news.

Btw, no wonder BCH did not got dumped to death, it is a real pain in the ass to make the split securely(!), an average user with no tech jargon and only a mobile wallet/sitting coins on coinbase has no chance to execute it properly.
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November 12, 2017, 03:21:40 AM

Unless significant hash power leaves all at once, no effect. On that note when is the next retargeting, most likely that's when they'll act

The thing is nobody is using BCH, their blocks are empty. But let's say that a significant amount of hashing power leaves for good (80% or so) and the users of bitcoin flee because of slow block times for the week or 2 before a difficulty adjustment. Why would they go to bitcoin cash, when they can go to other better and more established alts.

This BCH pump is being driven by only the few whales who support it. Their egos have got to them, they think they are smart, and only make correct moves because they are rich and successful. Because of these egos they believe that if they just build it (pumping the price) everyone will flock to them, its delusional, and borderline sociopathic. They are kind of like the leaders of small cult, the literally think they are gods and can do no wrong.

Delusional? Sociopathic... Small cult? Rotflmao

The ones with the egos should have been humble and they know who they are.

The ppl with the hash will decide...  Cool

https://fork.lol/pow/hashrate


This is exactly where you're wrong. And it will be an expensive lesson for you to learn. People decide with $$, people who understand it will find a way to make money on all of this silliness
Rosewater Foundation
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November 12, 2017, 03:21:58 AM

This is too much free money to ignore for me. Had to brake some cold storage, split, now am waiting the magical 0.35 ratio, where usually alt-pumps die vs BTC. This is nothing new, i do not get why people panic.

Alts are for getting more BTC, first and foremost, apart maybe from "world's first vapor powered computer" eth (it was shilled in the MSM in the early summer, member?) which is now used for ICO scams in practice - and even crapping the bed on that one occasionally  Cheesy- , "average Joe" never heard about anything else than bitcoin in the news.

Btw, no wonder BCH did not got dumped to death, it is a real pain in the ass to make the split securely(!), an average user with no tech jargon and only a mobile wallet/sitting coins on coinbase has no chance to execute it properly.

get used to it. btg is next
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November 12, 2017, 03:22:40 AM

maybe because the mempool is near an ATH?
https://blockchain.info/charts/mempool-size?timespan=all

as it has been a load of times in past and we all know who's doing it and why they're doing it.

What is relevant there, is that bitcoin should be resistant to such attacks.



it is. come back next week

If it were we would not be experiencing an ATH of unconfirmed transactions, and we would not be paying fees of $ 9 (155,940 satoshis according to https://bitcoinfees.earn.com) to confirm a transaction in the next block.
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November 12, 2017, 03:25:26 AM

The strange thing here is that despite the massive volumes, crypto market cap is still mostly the same.

Latest move is caused by Wu and Ver selling their BTC stash and buying BCH trash. There is no fiat involved. This is why market cap measured in fiat is the same.


Seriously, how much f***ing bitcoins do they have?! If I had 20BN the last thing I'd do is play stupid crypto wars like this. Go figure.

Moving BTC around in anticipation of BTC bear mode. Look at big alts on 1 day candlesticks, including BCH, they grow after the ATH of BTC.
Take your positions. But these movements don't bother long time hodler.  Grin

Bear mode is possibly maximum 4.5k... So not too far away! Hodling steady alas a bit shaky Smiley

Better to sleep over this and see our neighbour ethereum relocating tomorrow Sad
I'll miss it.


We're talking about control of THE crypto currency, it's not a card game anymore. Lot's and lots of 0s at play here
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November 12, 2017, 03:26:54 AM

maybe because the mempool is near an ATH?
https://blockchain.info/charts/mempool-size?timespan=all

as it has been a load of times in past and we all know who's doing it and why they're doing it.

What is relevant there, is that bitcoin should be resistant to such attacks.



it is. come back next week

If it were we would not be experiencing an ATH of unconfirmed transactions, and we would not be paying fees of $ 9 (155,940 satoshis according to https://bitcoinfees.earn.com) to confirm a transaction in the next block.

stop spamming txs then. deceiver
deceiver!!!1
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November 12, 2017, 03:28:32 AM

This is too much free money to ignore for me. Had to brake some cold storage, split, now am waiting the magical 0.35 ratio, where usually alt-pumps die vs BTC. This is nothing new, i do not get why people panic.

Alts are for getting more BTC, first and foremost, apart maybe from "world's first vapor powered computer" eth (it was shilled in the MSM in the early summer, member?) which is now used for ICO scams in practice - and even crapping the bed on that one occasionally  Cheesy- , "average Joe" never heard about anything else than bitcoin in the news.

Btw, no wonder BCH did not got dumped to death, it is a real pain in the ass to make the split securely(!), an average user with no tech jargon and only a mobile wallet/sitting coins on coinbase has no chance to execute it properly.

get used to it. btg is next

Oh, i am not complaining  Cheesy
BTG might be another 2 years salary for free, for a few hours of learning/work/trading.
It is fascinating, most people - including F&F - would rather watch TV/do shit, than spend a few (hundred) hours to learn about crypto and profit from these things. Well, survival of the fittest, i guess.
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November 12, 2017, 03:29:41 AM

Crazy Money. Wow.

Go higher. I'll give my wife a beautiful new house.  Grin Grin
AZwarel
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November 12, 2017, 03:31:34 AM

Crazy Money. Wow.

Go higher. I'll give my wife a beautiful new house.  Grin Grin

Or, give your house a beautiful new wife?  Grin
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November 12, 2017, 03:33:27 AM

Crazy Money. Wow.

Go higher. I'll give my wife a beautiful new house.  Grin Grin

I still think they're going to try and best 0.5, but the .35 or .035 observation is a very interesting one. That's a figure that's popped up with numerous alts as a top.  
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November 12, 2017, 03:35:43 AM

Wow, BCH blocks incoming at more than 1 per minute. Shocked At this rate, the difficulty with be bumped up 4x in less than 12 hours. If they want this heavy hashrate to continue seamlessly to their hardfork, they will need to pump BCH up to .35 BTC at least. GO ROGER. GO JIHAN! Grin Roll Eyes

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November 12, 2017, 03:36:22 AM

Bitcoin Cash is killing bitcoin every minute it goes up.

Bitcoin price is now at $6100.

It will hit $5000 before the next fork is about to happen.

Prepare yourselves! Angry
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November 12, 2017, 03:37:25 AM

Wow, BCH blocks incoming at more than 1 per minute. Shocked At this rate, the difficulty with be bumped up 4x in less than 12 hours. If they want this heavy hashrate to continue seamlessly to their hardfork, they will need to pump BCH up to .35 BTC at least. GO ROGER. GO JIHAN! Grin Roll Eyes

i just went all in BCH Cool weee
gembitz
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November 12, 2017, 03:38:38 AM

Bitcoin Cash is killing bitcoin every minute it goes up.

Bitcoin price is now at $6100.

It will hit $5000 before the next fork is about to happen.

Prepare yourselves! Angry

buttcash could hit 1-1 by monday? :-D lol
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November 12, 2017, 03:39:20 AM

I want to go on the record an predict a huge pump and new ATH soon after this dip is over.

We are about to hit max fud level in the next few hours - the rebound will be epic.

The demand for BTC is real.
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November 12, 2017, 03:41:00 AM

Wow, BCH blocks incoming at more than 1 per minute. Shocked At this rate, the difficulty with be bumped up 4x in less than 12 hours. If they want this heavy hashrate to continue seamlessly to their hardfork, they will need to pump BCH up to .35 BTC at least. GO ROGER. GO JIHAN! Grin Roll Eyes

How can the BitCh be taken seriously when they allowed for the blocks to be exploited like that.  How could anyone pay $2000 for a broken altcoin?
gembitz
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November 12, 2017, 03:42:01 AM

I want to go on the record an predict a huge pump and new ATH soon after this dip is over.

We are about to hit max fud level in the next few hours - the rebound will be epic.

The demand for BTC is real.

bch is the new btc? :-D lol
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November 12, 2017, 03:42:20 AM

Just a thought

If you check the "bars", there is an interesting pattern emerging in this BCH pump, a fractal repeating of pattern: shoot up, correct to 70% in 30 mins, retrace to 80% of top, than a flat sideways for 2-3 hours. Than repeat, i saw this for 2 days now. Every shoot up colludes with BTC suddenly dropping around the same volume (BTC/BCH sell ratios move in inverse).

This is wave 6th right now.
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