Bitcoin Forum
June 18, 2019, 10:04:43 AM *
News: Latest Bitcoin Core release: 0.18.0 [Torrent] (New!)
 
   Home   Help Search Login Register More  
Poll
Question: Closing BTC Price June 17:
$0 - 4 (3%)
<$6,500 - 7 (5.3%)
$6,500-$6,750 - 1 (0.8%)
$6,751-$7,000 - 2 (1.5%)
$7,001-$7,250 - 3 (2.3%)
$7,251-$7,500 - 6 (4.5%)
$7,501-$7,750 - 4 (3%)
$7,751-$8,000 - 12 (9.1%)
$8,001-$8,250 - 13 (9.8%)
$8,251-$8,500 - 7 (5.3%)
$8,501-$8,750 - 6 (4.5%)
$8,751-$9,000 - 11 (8.3%)
$9,001,$9,250 - 13 (9.8%)
$9,251-$9,500 - 17 (12.9%)
>$9,500 - 17 (12.9%)
$20,000 - 9 (6.8%)
Total Voters: 132

Pages: « 1 ... 19289 19290 19291 19292 19293 19294 19295 19296 19297 19298 19299 19300 19301 19302 19303 19304 19305 19306 19307 19308 19309 19310 19311 19312 19313 19314 19315 19316 19317 19318 19319 19320 19321 19322 19323 19324 19325 19326 19327 19328 19329 19330 19331 19332 19333 19334 19335 19336 19337 19338 [19339] 19340 19341 19342 19343 19344 19345 19346 19347 19348 19349 19350 19351 19352 19353 19354 19355 19356 19357 19358 19359 19360 19361 19362 19363 19364 19365 19366 19367 19368 19369 19370 19371 19372 19373 19374 19375 19376 19377 19378 19379 19380 19381 19382 19383 19384 19385 19386 19387 19388 19389 ... 24228 »
  Print  
Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 21226530 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. (64 posts by 15 users deleted.)
serveria.com
Member
**
Online Online

Activity: 476
Merit: 76

Balls of steel


View Profile
January 30, 2018, 10:13:09 AM
Merited by bitserve (1)


Edit:  great buying guys !  Bottom of the wedge !!  ....  /hide

Or about to take a dive  Sad

Edit: On another note, the market looks like the only buys and sells are from short term traders trying to make a few bucks. It seems demand from new entrants or long term investors has completely died off. I can see this on my local exchange vs the overseas ones. 2 months ago there was a 10% difference in price, that has now dropped down to <2%. Not good, this massive drop in demand.

The whales are letting the market to cool off after their pump and dump. Calculating profits  Grin As soon as they're sure all weak hands are out they'll pump again.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1560852283
Hero Member
*
Offline Offline

Posts: 1560852283

View Profile Personal Message (Offline)

Ignore
1560852283
Reply with quote  #2

1560852283
Report to moderator
1560852283
Hero Member
*
Offline Offline

Posts: 1560852283

View Profile Personal Message (Offline)

Ignore
1560852283
Reply with quote  #2

1560852283
Report to moderator
Asrael999
Hero Member
*****
Offline Offline

Activity: 699
Merit: 502


View Profile
January 30, 2018, 10:18:22 AM


Edit:  great buying guys !  Bottom of the wedge !!  ....  /hide

Or about to take a dive  Sad

Edit: On another note, the market looks like the only buys and sells are from short term traders trying to make a few bucks. It seems demand from new entrants or long term investors has completely died off. I can see this on my local exchange vs the overseas ones. 2 months ago there was a 10% difference in price, that has now dropped down to <2%. Not good, this massive drop in demand.

The whales are letting the market to cool off after their pump and dump. Calculating profits  Grin As soon as they're sure all weak hands are out they'll pump again.

We aren't even close to the weak hands being forced out yet. This is shaping up to be another 2014/15. Put the screens down and check back in two years
somac.
Full Member
***
Offline Offline

Activity: 555
Merit: 172


View Profile
January 30, 2018, 10:24:29 AM


Edit:  great buying guys !  Bottom of the wedge !!  ....  /hide

Or about to take a dive  Sad

Edit: On another note, the market looks like the only buys and sells are from short term traders trying to make a few bucks. It seems demand from new entrants or long term investors has completely died off. I can see this on my local exchange vs the overseas ones. 2 months ago there was a 10% difference in price, that has now dropped down to <2%. Not good, this massive drop in demand.

The whales are letting the market to cool off after their pump and dump. Calculating profits  Grin As soon as they're sure all weak hands are out they'll pump again.

We aren't even close to the weak hands being forced out yet. This is shaping up to be another 2014/15. Put the screens down and check back in two years

This is what I fear, though I do think BTC now is very different from BTC back then. So I don't see a greater than 80% correction like last time.
PoolMinor
Legendary
*
Offline Offline

Activity: 1658
Merit: 1060


XXXVII Fnord is toast without bread


View Profile
January 30, 2018, 10:27:22 AM
Merited by Vlad2Vlad (3)

I was looking through recently confirmed transactions and stumbled upon this gem. https://blockchain.info/address/18AMPWtHW97ebTkSdBk9Jzv9gSZoh2og5D
These transaction involving this address look totally legit. NOT Roll Eyes




serveria.com
Member
**
Online Online

Activity: 476
Merit: 76

Balls of steel


View Profile
January 30, 2018, 10:40:02 AM


Edit:  great buying guys !  Bottom of the wedge !!  ....  /hide

Or about to take a dive  Sad

Edit: On another note, the market looks like the only buys and sells are from short term traders trying to make a few bucks. It seems demand from new entrants or long term investors has completely died off. I can see this on my local exchange vs the overseas ones. 2 months ago there was a 10% difference in price, that has now dropped down to <2%. Not good, this massive drop in demand.

The whales are letting the market to cool off after their pump and dump. Calculating profits  Grin As soon as they're sure all weak hands are out they'll pump again.

We aren't even close to the weak hands being forced out yet. This is shaping up to be another 2014/15. Put the screens down and check back in two years

I'm 100% sure we won't fall below 9k in any scenario. Masterluc also mentioned 9k as the bottom for now.
HairyMaclairy
Hero Member
*****
Offline Offline

Activity: 854
Merit: 1400


Degenerate bull hatter & Bitcoin monotheist


View Profile
January 30, 2018, 11:07:13 AM

Loaded indeed !

I have had hundreds of thousands of shitcoins.  I don’t think it’s quite the same feeling !

Edit:  it’s worth noting that the USDT / USD pair on Kraken is now heavily bot patrolled and locked to 0.995 cents USD.  Buy side also matches sell side in order book.
Enjel
Member
**
Offline Offline

Activity: 70
Merit: 21


View Profile
January 30, 2018, 11:24:52 AM


Edit:  great buying guys !  Bottom of the wedge !!  ....  /hide

Or about to take a dive  Sad

Edit: On another note, the market looks like the only buys and sells are from short term traders trying to make a few bucks. It seems demand from new entrants or long term investors has completely died off. I can see this on my local exchange vs the overseas ones. 2 months ago there was a 10% difference in price, that has now dropped down to <2%. Not good, this massive drop in demand.

The whales are letting the market to cool off after their pump and dump. Calculating profits  Grin As soon as they're sure all weak hands are out they'll pump again.

We aren't even close to the weak hands being forced out yet. This is shaping up to be another 2014/15. Put the screens down and check back in two years

Why do you say that?

I think that any weak hands would have been forced out long ago, when the price dropped to 9k.
Neo_Coin
Full Member
***
Online Online

Activity: 658
Merit: 161


"Be Your Own Bank"


View Profile
January 30, 2018, 11:45:42 AM

Store of value  Grin

luckygenough56
Legendary
*
Offline Offline

Activity: 1442
Merit: 1009



View Profile
January 30, 2018, 11:58:49 AM

crypto is boring again
Flamaicon
Member
**
Offline Offline

Activity: 140
Merit: 13


View Profile
January 30, 2018, 12:02:24 PM

Cryptos market will be boring until March.
Lets be patience.
Rsiyz
Jr. Member
*
Offline Offline

Activity: 137
Merit: 5


View Profile
January 30, 2018, 12:03:57 PM

Dear user,

We will be reopening the batch of the Antminer A3, the Blake(2b) miner, tomorrow.

Only Bitcoin Cash (BCH) will be accepted as payment method for this batch. Please select the payment method within 30 minutes of your order submission or otherwise, your order will be EXPIRED.

7. After successfully selecting the payment method, please complete the Bitcoin cash (BCH) payment for your order within one hour, or, otherwise, your order will be EXPIRED.

 Cheesy Cheesy  BCH rulez ... or

i will not buy but .. why? bch
xhomerx10
Legendary
*
Offline Offline

Activity: 2044
Merit: 2172


It's over 9000!


View Profile
January 30, 2018, 12:05:22 PM

PS. My real estate guy went manic climbing the peak. Now he's in the red and he's sour about it. He's no fun anymore either.

 The shit he was peddlin' in 2007 wasn't so hot either.
somac.
Full Member
***
Offline Offline

Activity: 555
Merit: 172


View Profile
January 30, 2018, 12:07:55 PM


Edit:  great buying guys !  Bottom of the wedge !!  ....  /hide

Or about to take a dive  Sad

Edit: On another note, the market looks like the only buys and sells are from short term traders trying to make a few bucks. It seems demand from new entrants or long term investors has completely died off. I can see this on my local exchange vs the overseas ones. 2 months ago there was a 10% difference in price, that has now dropped down to <2%. Not good, this massive drop in demand.

The whales are letting the market to cool off after their pump and dump. Calculating profits  Grin As soon as they're sure all weak hands are out they'll pump again.

We aren't even close to the weak hands being forced out yet. This is shaping up to be another 2014/15. Put the screens down and check back in two years

Why do you say that?

I think that any weak hands would have been forced out long ago, when the price dropped to 9k.

weak hands are gone IMO as well.
somac.
Full Member
***
Offline Offline

Activity: 555
Merit: 172


View Profile
January 30, 2018, 12:13:19 PM
Merited by Heater (1)

Dear user,

We will be reopening the batch of the Antminer A3, the Blake(2b) miner, tomorrow.

Only Bitcoin Cash (BCH) will be accepted as payment method for this batch. Please select the payment method within 30 minutes of your order submission or otherwise, your order will be EXPIRED.

7. After successfully selecting the payment method, please complete the Bitcoin cash (BCH) payment for your order within one hour, or, otherwise, your order will be EXPIRED.

 Cheesy Cheesy  BCH rulez ... or

i will not buy but .. why? bch

Because the only thing bcash is used for is buying antminers. If they don't enforce that as the payment method, bcash is not used anywhere else. The sociopaths behind bcash have egos to satisfy, remember they are geniuses because they bought in early, and they are geniuses because they created the real bitcoin called bcash. lol.
RayX12
Hero Member
*****
Offline Offline

Activity: 924
Merit: 552


View Profile
January 30, 2018, 12:15:51 PM
Merited by mfort312 (1), rezurect007 (1)

I was blown away yesterday when I opened my Electrum wallet and wanted to send BTC to some family members as part of a Chiristmas gift.  The idea was to send my $100 dollar gifts with low fees so that I would not be giving much of my gifting to the miners.  To my surprise the lowest calculated fee on the wallet was equivalent to 191 sat/b while the mempool was chugging away at 20-30 sat/b.  So I clicked the manual fees option and sent the transaction at 40 sat/b.  Today (a few hours later) I went back to my wallet and clicked automatic (dynamic) fee calculation and the calculated fees had dropped to a correct levels like 5 to 50 sat/b.  Then I took a look at the Bitcoin fees page https://bitcoinfees.earn.com/ and realized that still many people are sending transactions with huge fees while others have scaled fees somewhat appropriately.  

I am shocked at the variability of how much money the miners are charging for processing the transactions.  My transactions are small so typically 226 bytes is a good average size, today I can send transactions for 10 sat/b or 226sat x 10sat/byte / 100000000 = 0.0000226  BTC ($0.24) and there are people who are still paying 300 sat/byte or 30 times more 0.0000226 * 300/10 = 0.000678 BTC or ($7.48).  And then you can see on the fees transaction page ( https://bitcoinfees.earn.com/ ) that the bulk of the transactions are centered around 191 to 200 sat/byte; and that is the shocking part.  This means that most of the wallets used are still stuck around the 191 to 200 sat/byte and not adjusting the fees dynamically like I noticed yesterday.

My conclusion:  The miners have influenced the wallet generators to keep transactions very expensive so they can profit more.  Electrum wallet fees will remain very high unless you switch to manual fees and send some cheap transactions, then the automatic fee calculation will kick in when you go back from manual to automatic fee calculation.  This change in automatic fee calculation did not happen immediately so be careful if you want to send some cheap transactions that the fees are adjusted properly and probably better to configure the fees manually.

I am on the belief that the spammers have finally realized that it is not to their advantage to keep spamming the mempool and hurting Bitcoins ability to send money cheap!  It will be very interesting to see what the future holds for Bitcoins when lightning fast transactions and smart contracts are activated on the network.

eidt: Also noticed that the fee transaction page still says:

"Which fee should I use?
The fastest and cheapest transaction fee is currently 170 satoshis/byte, shown in green at the top.
For the median transaction size of 226 bytes, this results in a fee of 38,420 satoshis."

False information again to benefit the miners!!!!
micgoossens
Hero Member
*****
Offline Offline

Activity: 714
Merit: 2163


We Vegeta !!!!


View Profile
January 30, 2018, 12:28:20 PM

Taking off now .... This means 10h and 10 minutes off No price checking..... i know looking doesn’t change anything but i love to price check the energy complete out of my phone  Roll Eyes
micgoossens
Hero Member
*****
Offline Offline

Activity: 714
Merit: 2163


We Vegeta !!!!


View Profile
January 30, 2018, 12:30:24 PM


Edit:  great buying guys !  Bottom of the wedge !!  ....  /hide

Or about to take a dive  Sad

Edit: On another note, the market looks like the only buys and sells are from short term traders trying to make a few bucks. It seems demand from new entrants or long term investors has completely died off. I can see this on my local exchange vs the overseas ones. 2 months ago there was a 10% difference in price, that has now dropped down to <2%. Not good, this massive drop in demand.

The whales are letting the market to cool off after their pump and dump. Calculating profits  Grin As soon as they're sure all weak hands are out they'll pump again.

We aren't even close to the weak hands being forced out yet. This is shaping up to be another 2014/15. Put the screens down and check back in two years

Why do you say that?

I think that any weak hands would have been forced out long ago, when the price dropped to 9k.

weak hands are gone IMO as well.

But the semi weak hands are still in .... but maybe let them stay in  Grin
TERA2
Full Member
***
Offline Offline

Activity: 266
Merit: 222


Deb Rah Von Doom


View Profile
January 30, 2018, 12:38:45 PM

The strange part about all this is that the possibility to continue to another ATH is still not completely off the chart and could fit the previous pattern..
Asrael999
Hero Member
*****
Offline Offline

Activity: 699
Merit: 502


View Profile
January 30, 2018, 12:56:23 PM


Edit:  great buying guys !  Bottom of the wedge !!  ....  /hide

Or about to take a dive  Sad

Edit: On another note, the market looks like the only buys and sells are from short term traders trying to make a few bucks. It seems demand from new entrants or long term investors has completely died off. I can see this on my local exchange vs the overseas ones. 2 months ago there was a 10% difference in price, that has now dropped down to <2%. Not good, this massive drop in demand.

The whales are letting the market to cool off after their pump and dump. Calculating profits  Grin As soon as they're sure all weak hands are out they'll pump again.

We aren't even close to the weak hands being forced out yet. This is shaping up to be another 2014/15. Put the screens down and check back in two years

Why do you say that?

I think that any weak hands would have been forced out long ago, when the price dropped to 9k.

weak hands are gone IMO as well.

But the semi weak hands are still in .... but maybe let them stay in  Grin
There is still to much hope in this forum. 
Last of the V8s
Legendary
*
Online Online

Activity: 1162
Merit: 2206


Be a bank.


View Profile
January 30, 2018, 01:21:00 PM

Taking off now .... This means 10h and 10 minutes off No price checking..... i know looking doesn’t change anything but i love to price check the energy complete out of my phone  Roll Eyes
Happy hols! Where are you off to? Thailand?

Cryptos market will be boring until March.
Lets be patience.
Boring, but still tradeable. Or you could set up a full node...
To become patient, we must be patience; I like it.
Or did you mean 'Let's play patience'? I prefer the paperclips thing, but each to his own.
http://www.decisionproblem.com/paperclips/index2.html



meanwhile, Samsung and chips
https://www.newsbtc.com/2018/01/30/samsung-south-koreas-largest-company-manufacturing-asic-chips-bitcoin-mining/
Pages: « 1 ... 19289 19290 19291 19292 19293 19294 19295 19296 19297 19298 19299 19300 19301 19302 19303 19304 19305 19306 19307 19308 19309 19310 19311 19312 19313 19314 19315 19316 19317 19318 19319 19320 19321 19322 19323 19324 19325 19326 19327 19328 19329 19330 19331 19332 19333 19334 19335 19336 19337 19338 [19339] 19340 19341 19342 19343 19344 19345 19346 19347 19348 19349 19350 19351 19352 19353 19354 19355 19356 19357 19358 19359 19360 19361 19362 19363 19364 19365 19366 19367 19368 19369 19370 19371 19372 19373 19374 19375 19376 19377 19378 19379 19380 19381 19382 19383 19384 19385 19386 19387 19388 19389 ... 24228 »
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!