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

[toknormal]

$10,000 is a pretty entertaining psychological barrier.

There are the stubborn buyers who refuse to buy 5 digit Bitcorn, but snatch it up the moment it drops a mere 0.1% into "paltry" $9k territory.

And then there the stubborn sellers who refuse to part with 4 digit Bitcorn, quickly selling it the moment it rises a mere 0.1% into "lofty" $10k territory.

Up and down we go, like a see-saw.

Or like a fisherman at the $10k waters edge, trying to reel in $9k fish. While the fish are leaping out of the water determined to catch juicy $10k bugs.

The indecision in today's market is boringly maddening. Looks like we'll close on a doji.

rofwl ! So true 

Excellently put 

[PoolMinor]

Do I need to attempt to find humour in your gratuitous digs at ad hominem attacks?  

You and your ability to come to a conclusion that everything is a personal attack against you....seems like another pot-kettle argument.
Why don't you stop being so emotionally attached to anything I post?

[Torque]

“Gold has probably had an argument that it’s been a store of value for 6,000 years, bitcoin’s a bit younger and the future of bitcoin is uncertain.”

btw, I hate this now. Flint has probably had an argument that it's been a good fire-starter for 60,000 years, lighters are a bit younger and blabla

Haha, that's fkn hilarious. 

[True Myth]

Further pumpenings in March https://www.satoshisvisionconference.com/ 23-25th/03/18

Lol... the last sentence at the bottom of the page...

Together we will make Bitcoin Cash the best money the world has ever seen.

[sirazimuth]

[Arriemoller]

Let's go with the 1930's instead:

http://dailystormer.top/self-help-sunday-bitches-love-nazis/

If chicks follow the money they will all come to us crypto-nerds, disregarding grandpas and their cheap metals.

For the 4000th time, bitcoin has built-in middlemen and does not remove counterparty risk.  It also has non-blinded transactions and designed to centralize transaction validators, making it a permissioned ledger and anyone that uses it a cellmate in a digital prison.  It's definitely not money, just some guy named Shlomo Nakamoto's scheme to trap people in the 1984 system described by Aaron Russo.  Shilling for craptocurrency is shilling for the Jewish banker occupied state and against freedom in the end, and you're definitely not going to become an Aryan superman doing that.

Aww Roach is so pissed that the chicks are coming to the crypto nerds instead of the gold bugs.
Tuff shit roachie, deal with it.

[Torque]

PayPal ditched at EBay! 

https://www.cnbc.com/2018/01/31/ebay-in-split-from-paypal-will-start-using-adyen.html

I wonder if this will open the door for EBay to integrate other payment options like Bitcoin as well... hmm..?

[Biodom]

I tried to restart the bull earlier today by making a small btc sell 
It worked in March, and so far it is working today, lol

[RejectedBanana]

I tried to restart the bull earlier today by making a small btc sell 
It worked in March, and so far it is working today, lol

Do it again. I've never been so happy to see the price rise $100.

[Ted E. Bare]

I tried to restart the bull earlier today by making a small btc sell 
It worked in March, and so far it is working today, lol

Thank you. Please sell more. We need to pump already.

[Biodom]

PayPal ditched at EBay!  

https://www.cnbc.com/2018/01/31/ebay-in-split-from-paypal-will-start-using-adyen.html

I wonder if this will open the door for EBay to integrate other payment options like Bitcoin as well... hmm..?

Now it is becoming clear why paypal's CEO recently interviewed Wences Caseres on the "internets" where they talked almost 100% about bitcoin.

[True Myth]

Korea was a popular FUD topic recently. Now I'm seeing info such as South Korea exchanges are back up and accepting new accounts now. Also found this...

http://bitguru.co.uk/ecommerce-player-in-south-korea-to-support-crypto-payments/

Back to good news and progress?

[d_eddie]

Is this going to be a good alternative to Tether?

https://cointelegraph.com/news/uks-royal-mint-launches-gold-backed-cryptocurrency

lolol https://rmg.royalmint.com/faqs/
What is a permissioned blockchain?
(snip)

In the short term we need a safe haven from Crypto, having a gold backed currency would be better than a fiat backed currency.
Any backed currency requires a trusted party and having a permissioned block chain is irrelevant as you need to trust 100% the people who are storing the backing.

Having a permissioned blockchain based on PoS means they can censor or undo any transaction, as long as enough of the stake agrees. Probably, the majority stakeholder could do that alone.

[El duderino_]

Mmmm next price poll after 16feb...?? But between ...?? These days iT can be everything , Just Hoping everybody keeps on hodling down here So we can all MOON together

Tuff times these days but buissnes like allways

What is the significance of 2/16?  There is some conference that has been taken over by Bcash around then, and expecting another Bcash pumpening around that time, no?  Which may or may not affect BTC prices, I suppose they would want to pump bcash and to attack bitcoin at the same time and propose the cashening, as oppose to the flippening as oppose to the rippling, as opposed to the tethering as opposed to the dashening?  keeping up can be difficult, no?

Are you drunk?
Where do you see any mention of BCH in the post you quoted?

Do I need to attempt to find humour in your gratuitous digs at ad hominem attacks?   



Answer:  NO  I don't.     And, here are the emoticons that I would like to express for you personally:          



Regarding the underlying premise of the question of my earlier post, there is an anarchapulco conference that is going on in mid-February that used to be a somewhat bitcoin focused conference, but recently such said conference seems to become dominated by various alt coin pumpers, bitcoin imitators, including bcash pumpers.

https://anarchapulco.com/2017/08/19/anarchapulco-2018-announcement/

Recently, there have been some pretty strong speculation circulating that seems to suggest that there is going to be some bcash pumpenings around this upcoming event - and perhaps some of the BIG blocker nutjob spammers have recessed their spamming attacks on bitcoin in order to save up some of their ammunition (and perhaps focus their ammunition) for around mid-February? 

So whether BTC prices are directly affected or not by these speculated pumpening and spamming events, I was asking whether micgoossens may have focused on a February 16 date for the next poll because of these community speculations or if there may have been some other reason(s) for asking about whether February 16 may be a reasonable next poll date.

actually i was Just not thinking or looking to anything Just a +- 2weeks period like they allways take for a guessing price poll but more action than i thought around than
So iT was Just like poolminor said and No specific reason for that date

[Torque]

Is this going to be a good alternative to Tether?

https://cointelegraph.com/news/uks-royal-mint-launches-gold-backed-cryptocurrency

If I needed a currency pegged to gold, I'd just buy the gold. Well I do occasionally anyway...

[TERA2]

But I need programmable gold.

[JayJuanGee]

This constant downward compression we've had since 1/17 really feels like an attempt to wring out every last bit of weak hands.

Mission accomplished?

I would think , they that really cannot handle the pressure are out off most of there money is out for the rest more and more starting too know how the market works or trying to believe “ i know iT Will go up because iT allways do” offcourse Many of them bought in lately or even @ +12-13-14k.... and Just really don’t know what BTC is or the market or anything but Just got in by friends like i have with a few of my friends .... and they Just want to act strong “i know it Will go up again” but meanwhile sending textmessages like whats happening you know something... blabla i Just say keep hodling..... they say offcourse price Will go up for sure.... then i ask Why do you think that?? And again they say because iT allways does while they really don’t know anything about iT , but for these peoples that or still here and even losing money now i think they Will stay on BTC because they seen friends making money and want the same thing and are losing know and Just think WTF there’s No way back anymore ( offcourse those friends like these are smaller investors trying to get rich ).  But for what its word i think the really weak and scared should been out most of them not??

I see this too. Even in myself as I am also a "late investor".  I started watching and learning about bitcoin early 2017 then finally started buying in mid 2017.  That being said, I am a believer and a hodler now. I continue to learn and read up but, still consider myself a noobie. I think there are lots of others just like me. I think the believer and hodler foundation of bitcoin was greatly added to in 2017.

My sister has been a little bit irritating in regard to these hesitancies about bitcoin (buydl, hodl or sedl).  I told her and her husband about BTC in late 2014 at around $385, and I sent an initial $10 in BTC - through Circle.  They were naysaying me for more than a year while proclaiming that their $10 was worth less than $10, and then a bit more than a year later(in early 2016), I sent them another $30 in BTC when the price was around $420.  

They continued to naysay or go in a form of radio silence, and may have even sold most of that initial $40 before the prices went above $1k... which would have been around late 2016.  Remember some of the Circle going out of the buy/sell business, and stating all or nothing to customers to withdraw their BTC or to cash out... I think that they cashed out.. for easiness.

Anyhow,  she and her husband bought around .5BTC in the $3,500 arena, which would have been August/September without saying anything to me until the price was in the $15k territory - maybe late December, and I think when the price was coming down from $19k, rather than when it was on the way up.  At some point, my sister said that they were planning to buy another .5BTC "when the price goes below $10k".. but the price has gone below $10k at least 3 times in the past couple of weeks, and they have been hemming and hawing regarding reasons NOT to buy and even spout out various bearish mainstream media talking points, as if the mainstream media were the experts on bitcoin price dynamics and valuation merely because a bunch of them are saying the same things.

O.k whatever, I can only hold their hands for so long and to attempt to demonstrate how much misinformation is out there about bitcoin, including asserting that a lot of the same talking points have been made for more than the past two years, but BTC prices went up in spite of the supposed experts calling bubble since $250  - go figure.

[jojo69]

Is this going to be a good alternative to Tether?

https://cointelegraph.com/news/uks-royal-mint-launches-gold-backed-cryptocurrency

If I needed a currency pegged to gold, I'd just buy the gold. Well I do occasionally anyway...

[Last of the V8s]

Well he sticks to his guns: Bitcoin Brief - Will This Be Final Dead Cat Bounce Before $7,500 Capitulation?
https://www.youtube.com/watch?v=RJICZxRD3vc Tone Vays
Started streaming 6 minutes ago

[Enjel]

This constant downward compression we've had since 1/17 really feels like an attempt to wring out every last bit of weak hands.

Mission accomplished?

I would think , they that really cannot handle the pressure are out off most of there money is out for the rest more and more starting too know how the market works or trying to believe “ i know iT Will go up because iT allways do” offcourse Many of them bought in lately or even @ +12-13-14k.... and Just really don’t know what BTC is or the market or anything but Just got in by friends like i have with a few of my friends .... and they Just want to act strong “i know it Will go up again” but meanwhile sending textmessages like whats happening you know something... blabla i Just say keep hodling..... they say offcourse price Will go up for sure.... then i ask Why do you think that?? And again they say because iT allways does while they really don’t know anything about iT , but for these peoples that or still here and even losing money now i think they Will stay on BTC because they seen friends making money and want the same thing and are losing know and Just think WTF there’s No way back anymore ( offcourse those friends like these are smaller investors trying to get rich ).  But for what its word i think the really weak and scared should been out most of them not??

I see this too. Even in myself as I am also a "late investor".  I started watching and learning about bitcoin early 2017 then finally started buying in mid 2017.  That being said, I am a believer and a hodler now. I continue to learn and read up but, still consider myself a noobie. I think there are lots of others just like me. I think the believer and hodler foundation of bitcoin was greatly added to in 2017.

My sister has been a little bit irritating in regard to these hesitancies about bitcoin (buydl, hodl or sedl).  I told her and her husband about BTC in late 2014 at around $385, and I sent an initial $10 in BTC - through Circle.  They were naysaying me for more than a year while proclaiming that their $10 was worth less than $10, and then a bit more than a year later(in early 2016), I sent them another $30 in BTC when the price was around $420.  

They continued to naysay or go in a form of radio silence, and may have even sold most of that initial $40 before the prices went above $1k... which would have been around late 2016.  Remember some of the Circle going out of the buy/sell business, and stating all or nothing to customers to withdraw their BTC or to cash out... I think that they cashed out.. for easiness.

Anyhow,  she and her husband bought around .5BTC in the $3,500 arena, which would have been August/September without saying anything to me until the price was in the $15k territory - maybe late December, and I think when the price was coming down from $19k, rather than when it was on the way up.  At some point, my sister said that they were planning to buy another .5BTC "when the price goes below $10k".. but the price has gone below $10k at least 3 times in the past couple of weeks, and they have been hemming and hawing regarding reasons NOT to buy and even spout out various bearish mainstream media talking points, as if the mainstream media were the experts on bitcoin price dynamics and valuation merely because a bunch of them are saying the same things.

O.k whatever, I can only hold their hands for so long and to attempt to demonstrate how much misinformation is out there about bitcoin, including asserting that a lot of the same talking points have been made for more than the past two years, but BTC prices went up in spite of the supposed experts calling bubble since $250  - go figure.

I remember when I was taking online chess lessons in 2016 from a Serbian chess master - prices were super cheap because Serbia, but Paypal didn't work.. also because Serbia. He would only accept Bitcoin.

My parents were extremely skeptical of the whole Bitcoin thing, but I ended up getting like $100 in BTC back then for lessons.

I started investing the little $ I had in BTC on Coinbase, and asked my parents for a loan, which they refused.

I kept asking them again and again, after doing more research, since I thought it would be obvious to anyone that Bitcoin would be a big deal in the future, but they refused.

As Bitcoin hit $1000, and kept going up and up, they were still skeptical, even up to until it hit $10k in like November or around then.

However, a week or so before the China ban, they gave me $6000 to invest in crypto, which dropped me quite a bit, and they were calling it "the end for Bitcoin" since China banned it.

Of course, we know what happened, and I made a great deal of money from it - much more than any college kid working full-time slavery to pay the bills.

The funny thing is that when Bitcoin hit ~14k on the way up, THAT'S when they FINALLY decided to invest a large amount of money into it - like $50k in total, which is a sizeable portion of their overall investment portfolio.

Of course, everything just went down after some excitement, but my parents aren't worried at all, because now they finally think that Bitcoin and other top cryptos will prosper in 2018, when things recover. They are even buying more at the dips.

Of course, I also believe in the imminent recovery and 25k+ target for the next wave.

I just find it funny how human psychology works...