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

[Deeyoh]

Don't think ETH is a threat.  It's just a less crappy of the crap coins and a bunch of people are dumping their crappier coins to go to it.  

[pawel7777]

...

KashMiner    FFS

A late entry to the cloud mining scam game.... Kodak

As ever if its profitable, why do they need a customer to sell it to?

You pay them upfront in fiat, the risk of volatility and rise in difficulty is on the buyers. So quick & easy profit for Kodak and they don't even have to touch Bitcoin.

[Torque]

Is ethereum a threat?

Wasn't XRP the threat just last week? Or LTC like two weeks ago? Or BCash like two months ago? Or....?

[ssmc2]

Is ethereum a threat?

https://bitcointalk.org/index.php?topic=2673755.0

This pdf is very enlightening

[flynn]

hahahahaha => https://www.theverge.com/2018/1/10/16873090/bitcoin-bitcoin-cash-overstock-payment-glitch-cryptocurrency

[Torque]

hahahahaha => https://www.theverge.com/2018/1/10/16873090/bitcoin-bitcoin-cash-overstock-payment-glitch-cryptocurrency

Hopefully when this escalates up to Patrick, he'll kill that BCash payment offering. Never should have allowed that crap to begin with.

[Phil_S]

We're going back to 15k today, I can feel it!

[Torque]

We're going back to 15k today, I can feel it!

I feel fairly certain that the group that has been shorting since $17k is the same group that started pumping the market on 1/2. They've been building a sizable short position ever since. Alts are going to get rekt soon.

[TERA2]

What makes you think someone is taking a 'sizable' short? Who would want to take a sizable short? Bitcoins are so scarce. If I was shorting, I would want my position to be as small as possible: For example, one satoshi.

[conspirosphere.tk]

I HODL what I can after that pound of flesh is taken out by the Taxman.

it's a bit more than a pound:

[fluidjax]

The path to enlightenment...


December/January
I'm getting into cryptocurrency, gonna buy me some Bitcoin
Nah, Bitcoin is too expensive, there are these Altcoins, I'll buy me some Ripple & Tron they are really cheap and everyone says its going to the moon.
Oh, I'm gonna sell those now I fully understand cryptocurrencies, most of these Altcoins are shit, I'm gonna just get the best ones like Ethereum & Bitcoin Cash.
Look I was right Bitcoin is finished it's going down.
.
..
.
Some time later that year
Oh shit, I really scerwed that up, gonna sell all my shitcoins and get Bitcoin again.

[fabiorem]

Are we in a bear market, gentlemen? Seems that the market is freezing.

[AllGoodNamesAreTaken]

We're going back to 15k today, I can feel it!

I think it will all be about Ethereum the next few days...

[conspirosphere.tk]

Are we in a bear market, gentlemen? Seems that the market is freezing.

not yet on the daily.

[Asrael999]

Kodak, wow just wow, 400% in two days - not bad for a company that destroyed itself by ignoring digital photos.

[Deeyoh]

The vacuum of the ripple implosion is pretty amazing.   Haha, it sure is rippling the market.  You know, I almost feel bad for the people that invested in it.

[Torque]

Kodak, wow just wow, 400% in two days - not bad for a company that destroyed itself by ignoring digital photos.

Here's a script for any ailing company:

1. Start pushing an internal cryptocoin or blockchain integration agenda
2. Quietly buy up company stock shares for 6 months
3. Publically announce said crypto agenda, even it is complete vaporware
4. Watch shares of stock get pumped jump 400-500% overnight
5. Profit !

[Paashaas]

The vacuum of the ripple implosion is pretty amazing.   Haha, it sure is rippling the market.  You know, I almost feel bad for the people that invested in it.

Ask my boss how he feels about his Ripples 

He's already a (fiat)millionair but still believes Bitcoin is to expensive while i advised him serval times that you can buy Bitcoin for $50 and $100 etc.

Best part is that i told him i bought the dip during X-Mass....Boss: b...but did you spend $12.000? lol.

He had Bitcoin but sold all below $1000 while i strongly adviced him to HODL!

Most people here are miles ahead of the unknow, sheeps will never listen, just like talking to a wall no matter how many times you explaining it to them.

[sirazimuth]

Oh Kodak... lol

http://www.businessinsider.com/kashminer-kodak-bitcoin-mining-2018-1

Looks like they just stuck a Kodak sticker on the
side of an S9....

[Enjel]

The path to enlightenment...


December/January
I'm getting into cryptocurrency, gonna buy me some Bitcoin
Nah, Bitcoin is too expensive, there are these Altcoins, I'll buy me some Ripple & Tron they are really cheap and everyone says its going to the moon.
Oh, I'm gonna sell those now I fully understand cryptocurrencies, most of these Altcoins are shit, I'm gonna just get the best ones like Ethereum & Bitcoin Cash.
Look I was right Bitcoin is finished it's going down.
.
..
.
Some time later that year
Oh shit, I really scerwed that up, gonna sell all my shitcoins and get Bitcoin again.

This is exactly what I'm thinking. Fad altcoins are fads, and will fade into obscurity. TRX has no working product, and many of the others coins just have expensive looking teams, impressive white papers, big promises, and nothing else. XRP is a scam, and total supplywould easily show its massive overvaluation, as opposed to circulating supply.

On the other hand, riding up on good altcoins will work out. ETH is not a shitcoin by any means.