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

[Dabs]

Also my alts are starting to bend as oxygen flows towards BTC.  

Maybe you have the wrong alts... But hey, seems you called a few them correctly. A quick look at my alt portfolio shows all green except a couple.

[realr0ach]

Maybe you have the wrong alts...

There are no "right" alts.  They are all failures at creating a decentralized digital currency, just like BTC failed.  The closest to do so would maybe be IOTA, but it doesn't work because it's not possible to form consensus in a DAG without artificial convergence.  Don't get me wrong, this is not an endorsement of IOTA, just the best try that still failed.  Why I say they came closest below (and no, there will be no random new coin that solves this problem because it's not solvable):

Bitcoin will ALWAYS be a higher risk asset than metals due to having built-in middle men and not removing counter party risk.  It's semantics to even claim bitcoin currently isn't a federated chain already.  It's the equivalent of something like a 2/3, 3/5, or 4/7 multisig for years.  A permissioned ledger doesn't require a 1/1 sig requirement; it's a permissioned ledger already.

If you really want to get technical, everyone would likely have to process their own transactions for it not to be a permissioned ledger like in IOTA, but DAGs and IOTA don't actually work for convergence, so we won't go there.  But until you can create a functional version of that model where everyone processes their own transactions (not possible), you have failed and it's a permissioned ledger.  Everything in this sector is nothing more than jacking off while creating centralized Rube Goldberg machines, federated chains, and permissioned ledgers.

IOTA was actually on the right track probably more than any of them so far just because it actually does seem to remove the usurious middlemen factor, but DAGs don't work.  And the second you incentivize any type of economy of scale in transaction validators, you've just created a usury system that mirrors the ones that already existed in the real world before bitcoin.  Physical commodity money like silver and gold removes the middlemen parasites.  Cryptocurrency doesn't - they're BUILT IN.

[Bloomie]

Is it ready for the big pump yet?

[Dakustaking76]

Is it ready for the big pump yet?

I think the pump Will Be at the new month
Its taking time to recover all the fud news came by


Fuckers with there fud market manupilation to get cheap coins

[Bloomie]

¯\_(ツ)_/¯  Bought another 10k worth of coin. Might as well make some more profit on the way up.

[HanvanBitcoin]

Another day, another try to break the $12.500,- level. Marketcap seems to be recovering really well   I don't expect us to moon this weekend yet though. Probably considilate between $10.500 and $12.500. Only time will tell   HODL

[HairyMaclairy]

Also my alts are starting to bend as oxygen flows towards BTC.  

Maybe you have the wrong alts... But hey, seems you called a few them correctly. A quick look at my alt portfolio shows all green except a couple.

My Telcoin went backwards briefly during the BTC spike. I’m still up 87% on it in the past 36 hours so still green.  

[Bloomie]

Another day, another try to break the $12.500,- level. Marketcap seems to be recovering really well   I don't expect us to moon this weekend yet though. Probably considilate between $10.500 and $12.500. Only time will tell   HODL

A bunch of folks here think early February is a good call to hit the ATH again. Time will tell. HODL!


Edit: Look at these buy orders!! 

https://i.imgur.com/InuRXIg.png

[the artful bodger]

Another day, another try to break the $12.500,- level. Marketcap seems to be recovering really well   I don't expect us to moon this weekend yet though. Probably considilate between $10.500 and $12.500. Only time will tell   HODL

A bunch of folks here think early February is a good call to hit the ATH again. Time will tell. HODL!

Nothing's impossible. That would make the dip a very fast consolidation, but who knows?

[realr0ach]

If anyone would like to argue what the best scamcoin of 2017 was:

http://bitcointalk.org/index.php?topic=2789996.0

(you can nominate bitcoin if you want since I consider all 1400 coins as scams)

[infofront]

That was a fun break from the bull market. Now let's get back to getting rich[er].

[nanobtc]

In other news, the US Gov did it's occasional shutdown over budget disagreements, at midnight Eastern time. They always re-shuffle $$$ to make it work, but many services are without payroll for a while.

[HairyMaclairy]

In other news, the US Gov did it's occasional shutdown over budget disagreements, at midnight Eastern time. They always re-shuffle $$$ to make it work, but many services are without payroll for a while.

How mny votes are needed to pass the spending bill?

[josephpogi]

REPOST   HOLD ON GUYS ! 

[TERA2]

The intensity of the bearish sentiment on here during the past days by the noobs over a 15-30% dip was laughable, and now it's nearly made a full recovery.

[Lontonbit]

where are the bears? Hibernating til next year?

[somac.]

where are the bears? Hibernating til next year?

I hope so, I want to see this thing at 50k by the end of this year.

[BTCMILLIONAIRE]

I guess conditionals aren't your thing, eh.

I do like conditionals when talking about the future and when talking about unknowns - but there is a difference between using conditionals and what you seem to be doing, which I already asserted that you are proclaiming "ought" rather than accepting "is" while scrambling the two.   

Sounds like cherry picking to me, because I've specifically outlined the contrary of what I conditioned for as well to give a more complete picture of my thought process. So if there's any conflating going on it's between your assumptions of what I'm writing and the snippets that you've chosen to, or randomly ended up, paying attention to. But whatever floats your boat, your responses are slowly beginning to border roach territory.

[starmman]

Nice to see some green candlesticks again this week - was a great little bear move - thanks to the weak hands for the extra BTC - doubled my holdings since December without spending a single $ in fiat =)

[Rosewater Foundation]

where are the bears? Hibernating til next year?

I hope so, I want to see this thing at 50k by the end of this year.

Now, how do I send an nTimeLock transaction for 12 months from now? OP-HODL we used to call it.

PS. I just took a year off work.