Bitcoin Forum
October 16, 2021, 10:08:54 AM *
News: Latest Bitcoin Core release: 22.0 [Torrent]
 
   Home   Help Search Login Register More  
Poll
Question: Will the Bitcoin Futures ETF be approved in the U.S. on Oct. 18?
Yes - 33 (49.3%)
No - 19 (28.4%)
Maybe - 15 (22.4%)
Total Voters: 67

Pages: « 1 ... 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 19390 19391 19392 19393 19394 19395 19396 19397 19398 19399 19400 19401 19402 19403 19404 19405 19406 19407 19408 [19409] 19410 19411 19412 19413 19414 19415 19416 19417 19418 19419 19420 19421 19422 19423 19424 19425 19426 19427 19428 19429 19430 19431 19432 19433 19434 19435 19436 19437 19438 19439 19440 19441 19442 19443 19444 19445 19446 19447 19448 19449 19450 19451 19452 19453 19454 19455 19456 19457 19458 19459 ... 29683 »
  Print  
Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 25458846 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. (157 posts by 13+ users deleted.)
lightfoot
Legendary
*
Offline Offline

Activity: 2730
Merit: 2017


I fix broken miners. And make holes in teeth :-)


View Profile
February 05, 2018, 11:08:34 PM

Why would anyone come back to Bitcoin...?  So we can wake up tomorrow to $50 fees because one group of miners can manipulate the fee market that much.  I'm sure the trash alt markets (which are most) will be flushed, but the "real" alt markets are still strong and will continue to grow stronger during this shit show.

Bitcoin needs to scale to at least make it more costly and more risky for those who want to spam pool for profit.

I'm getting all types of calls "Why is Bitcoin going down?"... I just remind them that $50 fees are NOT the future and this is the markets slow reaction to the shit we dealt with in December 2017.
Fees seem to be down quite a bit along with the overall transaction backlog. 31k transactions in the backlog, way down from the 200k+ a few weeks ago. Maybe Segwit is working.
1634378934
Hero Member
*
Offline Offline

Posts: 1634378934

View Profile Personal Message (Offline)

Ignore
1634378934
Reply with quote  #2

1634378934
Report to moderator
1634378934
Hero Member
*
Offline Offline

Posts: 1634378934

View Profile Personal Message (Offline)

Ignore
1634378934
Reply with quote  #2

1634378934
Report to moderator
The forum was founded in 2009 by Satoshi and Sirius. It replaced a SourceForge forum.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
Arriemoller
Legendary
*
Offline Offline

Activity: 1708
Merit: 1224


Justitia arma requirit


View Profile
February 05, 2018, 11:14:20 PM

Back in 2014 I bought a small copy of the wall street bull and a gilded bitcoin coin and a wooden plate to mount it on. Never got around to finish it.
Maybe it's time to do it now and make it a house altar where I can make small offerings to the bitcoin bull.
Elwar
Legendary
*
Offline Offline

Activity: 3570
Merit: 2376


Viva Ut Vivas


View Profile WWW
February 05, 2018, 11:15:06 PM
Merited by RoomBot (2), xhomerx10 (1), explorer (1), fabiorem (1), FractalUniverse (1), soullyG (1), rolling (1), Guvn0r (1)

I see everyone keeps looking for news or blaming some FUD or the other for bitcoin's price drop.

If this was about something having to do with bitcoin you would see the bitcoin price drop and alts remaining fairly stable.

This is about major market sentiment. A cycle that has been seen throughout history and repeated itself once again. Big money moved in, the price started to climb so everyone and their brother started buying so they could get those sweet 1000% gains that they were promised. Then we topped out and the price started going down. This is not what we were promised!?! I was supposed to be able to retire by buying bitcoins at $10k! What's happening!?! I better get out of this thing I have no clue about quickly! Sell! Sell! Sell!

The weak hands that have no clue will leave. But the big money will stay. They like volatility. We just fed the Wall Street beast the money of a bunch of ignorant n00bs and they will want more. They will play the market. They will get their money.

That is why we hodl. We understand that we cannot time the market. We do not spend every minute of every day watching the patterns and charts and use our hundreds of millions to move the market. We sit back and let others do that for us and we hold out.

All of my friends thought I was smart for buying so early. The smart part was not buying early, but not selling when the market was scary.
bitcoinPsycho
Hero Member
*****
Offline Offline

Activity: 1540
Merit: 852


THE NEXT 2.4 YEARS ARE CRITICAL🍄💊


View Profile
February 05, 2018, 11:16:56 PM

Down to $6500 USD. And the real panic selling hasn't even begun yet!
pessimist
orpington
Hero Member
*****
Offline Offline

Activity: 784
Merit: 512



View Profile
February 05, 2018, 11:17:13 PM
Merited by marcus_of_augustus (10)

At least this is flushing out the stupid altcoins. Bye bye alts, come back to Bitcoin.

Why would anyone come back to Bitcoin...?  So we can wake up tomorrow to $50 fees because one group of miners can manipulate the fee market that much.  I'm sure the trash alt markets (which are most) will be flushed, but the "real" alt markets are still strong and will continue to grow stronger during this shit show.

Bitcoin needs to scale to at least make it more costly and more risky for those who want to spam pool for profit.

I'm getting all types of calls "Why is Bitcoin going down?"... I just remind them that $50 fees are NOT the future and this is the markets slow reaction to the shit we dealt with in December 2017.

shitcoin promoter
RoomBot
Legendary
*
Offline Offline

Activity: 1904
Merit: 1112



View Profile
February 05, 2018, 11:18:07 PM

Down to $6500 USD. And the real panic selling hasn't even begun yet!

Elwar
Legendary
*
Offline Offline

Activity: 3570
Merit: 2376


Viva Ut Vivas


View Profile WWW
February 05, 2018, 11:19:45 PM

Fees seem to be down quite a bit along with the overall transaction backlog. 31k transactions in the backlog, way down from the 200k+ a few weeks ago. Maybe Segwit is working.

This. As a bitcoin spending advocate I had to finally stop spending bitcoins this past fall. I cracked open my credit card which I had used maybe a hand full of times in the past 5 years.

I can go back to spending bitcoins again because the fees are so low.
bitcoinPsycho
Hero Member
*****
Offline Offline

Activity: 1540
Merit: 852


THE NEXT 2.4 YEARS ARE CRITICAL🍄💊


View Profile
February 05, 2018, 11:20:29 PM

I see everyone keeps looking for news or blaming some FUD or the other for bitcoin's price drop.

If this was about something having to do with bitcoin you would see the bitcoin price drop and alts remaining fairly stable.

This is about major market sentiment. A cycle that has been seen throughout history and repeated itself once again. Big money moved in, the price started to climb so everyone and their brother started buying so they could get those sweet 1000% gains that they were promised. Then we topped out and the price started going down. This is not what we were promised!?! I was supposed to be able to retire by buying bitcoins at $10k! What's happening!?! I better get out of this thing I have no clue about quickly! Sell! Sell! Sell!

The weak hands that have no clue will leave. But the big money will stay. They like volatility. We just fed the Wall Street beast the money of a bunch of ignorant n00bs and they will want more. They will play the market. They will get their money.

That is why we hodl. We understand that we cannot time the market. We do not spend every minute of every day watching the patterns and charts and use our hundreds of millions to move the market. We sit back and let others do that for us and we hold out.

All of my friends thought I was smart for buying so early. The smart part was not buying early, but not selling when the market was scary.
Well said
I award you with 100 Tether merit
marcus_of_augustus
Legendary
*
Offline Offline

Activity: 3696
Merit: 2087



View Profile
February 05, 2018, 11:23:43 PM

Yeah, let's all move in Bcash, it'll be so much better to scale bitcoin with bigger blocks size instead of smaller transaction sizes. Tall tales, bigger lies and bigger blocks is what makes bitcoin great, just ask satoshi. He was at Davos pumping Ether, honest he was.
cAPSLOCK
Legendary
*
Offline Offline

Activity: 3066
Merit: 2940


Volcano Corn!


View Profile
February 05, 2018, 11:25:31 PM

Who sold at the bottom?

We don't know that yet... Sad
egyptian magician
Jr. Member
*
Offline Offline

Activity: 49
Merit: 2


View Profile
February 05, 2018, 11:26:54 PM

pessimist

No, my friend. Realist. When people are telling me their 16 year old nephews are making easy money trading crypto, it means the market is way overbought.
Elwar
Legendary
*
Offline Offline

Activity: 3570
Merit: 2376


Viva Ut Vivas


View Profile WWW
February 05, 2018, 11:27:31 PM

The price will probably stick at $6666 for a while.
RayX12
Hero Member
*****
Offline Offline

Activity: 952
Merit: 552


View Profile
February 05, 2018, 11:27:46 PM

Who sold at the bottom?

We don't know that yet... Sad

I bet Jaimie Diamond was buying!
the artful bodger
Sr. Member
****
Offline Offline

Activity: 292
Merit: 265


View Profile
February 05, 2018, 11:28:31 PM

pessimist

No, my friend. Realist. When people are telling me their 16 year old nephews are making easy money trading crypto, it means the market is way overbought.

On a less depressing note, the bitcoinity all time charts show bitcoin is up by +138258% today.
User705
Legendary
*
Offline Offline

Activity: 896
Merit: 1006


First 100% Liquid Stablecoin Backed by Gold


View Profile
February 05, 2018, 11:29:31 PM
Merited by explorer (1)

I see everyone keeps looking for news or blaming some FUD or the other for bitcoin's price drop.

If this was about something having to do with bitcoin you would see the bitcoin price drop and alts remaining fairly stable.

This is about major market sentiment. A cycle that has been seen throughout history and repeated itself once again. Big money moved in, the price started to climb so everyone and their brother started buying so they could get those sweet 1000% gains that they were promised. Then we topped out and the price started going down. This is not what we were promised!?! I was supposed to be able to retire by buying bitcoins at $10k! What's happening!?! I better get out of this thing I have no clue about quickly! Sell! Sell! Sell!

The weak hands that have no clue will leave. But the big money will stay. They like volatility. We just fed the Wall Street beast the money of a bunch of ignorant n00bs and they will want more. They will play the market. They will get their money.

That is why we hodl. We understand that we cannot time the market. We do not spend every minute of every day watching the patterns and charts and use our hundreds of millions to move the market. We sit back and let others do that for us and we hold out.

All of my friends thought I was smart for buying so early. The smart part was not buying early, but not selling when the market was scary.
This is well said but there’s also something to be said about being smart and trading at major inflection points or when BTC gets significantly above or below fundamentals ie production costs.  Above 10k old miners were being turned on.  Probably a good time to get some fiat.  If we get to low single K miners will start getting turned off.  That’s probably a good time to load up.  But trying to catch a falling knife now is pretty risky.  But buying back coins sold in high teens is probably a good idea now.
rafanadal
Member
**
Offline Offline

Activity: 373
Merit: 31


View Profile
February 05, 2018, 11:32:12 PM

The price will probably stick at $6666 for a while.

no, maybe at 5000
cmacwuz
Jr. Member
*
Offline Offline

Activity: 45
Merit: 26


View Profile
February 05, 2018, 11:33:17 PM

So anyone else in the camp thinking this is the final up-down before the bigger bubble cycle (see May 2013)? Since we endured a long bear market, I have a feeling that with greater market inertia, we end up having features that are longer in time.

In any case, I don't see myself regretting holding in 2 years time. Of course I could have timed so as to increase by BTC holdings 5x during this cycle, but after this exposure I don't see a prolonged bear market coming until a major technical/political issue erupts to hurt crypto.

I'm young, fuck the USD, fuck the gov't. Good luck to everyone and may the bottom bounce like a golfball on an ice rink
jojo69
Legendary
*
Offline Offline

Activity: 2240
Merit: 2910


1/21000000 , the only math you need to know


View Profile
February 05, 2018, 11:38:04 PM

I want to know Roger's feeling now.
BitcoinCash = 500$

$875 where I'm tarding
Nosk
Member
**
Offline Offline

Activity: 140
Merit: 35


View Profile
February 05, 2018, 11:39:23 PM

I think I found the safest way to hodl.

gembitz
Hero Member
*****
Offline Offline

Activity: 1596
Merit: 568


*Brute force will solve any Bitcoin problem*


View Profile
February 05, 2018, 11:40:21 PM

I want to know Roger's feeling now.
BitcoinCash = 500$

$875 where I'm tarding

50 cent?  Cool  weee
Pages: « 1 ... 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 19390 19391 19392 19393 19394 19395 19396 19397 19398 19399 19400 19401 19402 19403 19404 19405 19406 19407 19408 [19409] 19410 19411 19412 19413 19414 19415 19416 19417 19418 19419 19420 19421 19422 19423 19424 19425 19426 19427 19428 19429 19430 19431 19432 19433 19434 19435 19436 19437 19438 19439 19440 19441 19442 19443 19444 19445 19446 19447 19448 19449 19450 19451 19452 19453 19454 19455 19456 19457 19458 19459 ... 29683 »
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!