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

[RoomBot]

Doesn't matter what I think, and as you said "people who understand the value of bitcoin". Newbies don't understand shit, but, they do understand metrics like market cap, so it will hurt bitcoin. If bitcoin is not number one on the shitty marketcap metric that will hurt bitcoin adoption plain and simple.
What do the advertisers say? "you don't need a good product, just good marketing"

In that case, bitcoin was fucked from day one. 21 million coins for the entire world economy was never going to work. Most world citizens (>99%) have never had $8750 at one time in their lives. They will never buy bitcoin at that price. They will buy Ripple for $1 instead.
EDIT: Yes, I know they are divisible but the average idiot can't comprehend that.

The real problem though is that the idiots don't understand the importance or decentralization, lack of a central authority, deflationary monetary system, developer talent, trustless, and so on. Bitcoin is the best coin without a doubt in my opinion. But, how in the fuck can we get mass adoption, when most people still think the media, and governments are the good guys. Crypto will get mass adoption, but, I fear that it will be a bullshit coin supported by the banks, media, and governments.

I agree, I think the coins that will do the best with the coming mass adoption will be the ones who have the largest number of coins in circulation so they seem cheap to the idiots. Why buy a bitcoin when you can buy 10 ETH or 8000 XRP for the same price? Luckily, big institutional money will still flow into bitcoin.

Are you guys telling me that if we properly advertise Dogecoin (yes, DOGE, much wow) that is going to be a valuable coin for the masses? I mean infinite supply, so cheap, much fun.
Insane

Good point, because that was one coin that WAS heavily marketed with a NASCAR and all those adorable little shiba enu spokesdogs.

Look how far that got 'em.

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[RoomBot]

For me, I am the shitcoin. First of its kind, but blah...blah...blah.... I must be dead.

FTFY
*ignored*

[smartcomet]

@_Kevin_Pham
3h3 hours ago

The Crypto Times - 2/11/18:

"Vitalik on brink of second bailout for incompetent Ethereum devs with political clout."

ref https://www.coindesk.com/ethereum-devs-call-public-debate-fund-recovery/

Just started playing around with RootStock. I'm liking what I see so far.

Tell us more about what you see and what you like please.

Will Ethereum be  the  second Yahoo?

[JayJuanGee]

Doesn't matter what I think, and as you said "people who understand the value of bitcoin". Newbies don't understand shit, but, they do understand metrics like market cap, so it will hurt bitcoin. If bitcoin is not number one on the shitty marketcap metric that will hurt bitcoin adoption plain and simple.

What do the advertisers say? "you don't need a good product, just good marketing"

In that case, bitcoin was fucked from day one. 21 million coins for the entire world economy was never going to work. Most world citizens (>99%) have never had $8750 at one time in their lives. They will never buy bitcoin at that price. They will buy Ripple for $1 instead.

EDIT: Yes, I know they are divisible but the average idiot can't comprehend that.

When bitcoin is $100k or $1million per unit, they are going to be even less affordable, but so fucking what?  Not everyone can own a whole bitcoin, and sooner or later that fact is going to sink in.  Right now, there are quite a few peeps who can relatively easily own 1million satoshis, but later on, even that goal is going to become more difficult for peeps to achieve.  So if they want to be bitcoin rich, they better get their asses onboard earlier rather than putting their money into some scam that may or may not help them in the BTC accumulation arena.

I sent several of my friends $10-$50 worth of BTC back in 2013-2014.
Even though they may only hold .01 -.5 BTC, they're pretty happy with that little airdrop now!
And no one is tripping over these temporary corrections.  We're HODLers.
Anyone who doesn't understand that you can buy a PART of something worth $10K, (i.e. $100 worth of BTC) shouldn't be in BTC!

Totally agree RoomBot... Surely we can have some sympathy and attempt to hold the hands of newbies part of the way, yet at some point, peeps gotta be doing a bit of their own due diligence and figure out some of the specifics of this GRAND paradigm shifting technology.. otherwise, they just gonna be left running after the train...

Yeah, maybe they don't care right now, and yeah maybe they are too nervous about the whole bitcoin scary situation, but down the road, they might come to realize that they could have, should have, would have been in a much more comfy position with just a relatively moderate-sized investment of their time and money.

[Rsiyz]

Small 400 btc selling wall on kraken right now. Future uprise scaring some bears ?

noobody is scary    just they dont want bailout milions people around world in future.. look nvidia,bitmain,amd stock not going to "moon" yes they have great income(nvidia,amd) as company. but if is your theory s about great" future of cryptos RIGHt.. nvdia, bitmain must by in top 10 companys in world NOW...
Soo they (amd,nvidia) dont believe much to cryptos.. they are only do own byznis with own plans to future..
Also my theory is right : becouse nobody new (like nvidia) dont invest 20-40 billions to new Gf cards byznis .. future of cryptos is very uncertain!
pumping bitcoin and price  is bit other story.. but same end . your "holding" is not very good to make new gold or metalls..  

but who is bear and who bull now..?  its look like bears become bulls    becouse bears see: some bulls always pump price up.. soo why dont make some money with trading on it..
 or is it pool,exchanges..whales..?

[Raja_MBZ]

Just got my $8150 buy target hit. Looking forward for $9200 tomorrow, I'm pretty sure we're gonna reach that in next 24 hours, graph is pretty much suiting it.

[RoomBot]

Breaking 24777$ prediction game      FINAL LIST       

[...]

UPDATE     AND GOOD LUCK !!!

BITCOIN??   Just ———-> hodl that shit  keep innovating/ adapting/ learning/buying/ not panicing/decentralize and So on .........

And get quick @24777 Just for new future list games getting bored on This one

And Some say same old shit please like NEXT 24 h are critical or .......

I think the game will become very exciting again as much as we are closer to the target price. It's funny that even if the prize is worth a VERY considerable amount (more so when the price is reached) many people would prefer someone else to win if that means we reach the price sooner than our expected date.

To put things in perspective, when the prize is claimed, it will have a worth in FIAT of more than $6000USD!... And everyone will be enjoying the party, probably still celebrating having broken $20K just a few days/weeks before.

Really anxious for that day to come

It really is a win-win game for HODLers.

Thanks, @micgoossens

If I win, I'm changing my birthday. 

[bitserve]

Small 400 btc selling wall on kraken right now. Future uprise scaring some bears ?

noobody is scary    just they dont want bailout milions people around world in future.. look nvidia,bitmain,amd stock not going to "moon" yes they have great income(nvidia,amd) as company. but if is your theory s about great" future of cryptos RIGHt.. nvdia, bitmain must by in top 10 companys in world NOW...
Soo they (amd,nvidia) dont believe much to cryptos.. they are only do own byznis with own plans to future..
Also my theory is right : becouse nobody new (like nvidia) dont invest 20-40 billions to new Gf cards byznis .. future of cryptos is very uncertain!
pumping bitcoin and price  is bit other story.. but same end . your "holding" is not very good to make new gold or metalls..  

but who is bear and who bull now..?  its look like bears become bulls    becouse bears see: some bulls always pump price up.. soo why dont make some money with trading on it..
 or is it pool,exchanges..whales..?

You do not make any sense. Could you, at the very least, please use correct punctuation and a readable structure? Thanks.

[STT]

I did a very large transaction with around 25 inputs and one output.  The regular fee was showing 5 satoshis/byte, and I changed it to 3 satoshi's per byte.  It warned me that my fee was too low and projected 3 days to go through.  It went through in the next block, which was 1 minute later.

Just to concur, I've tested with 4 sat/byte from mycelium with the app's suggested low priority amount.   It did state it had failed to broadcast for like 30 mins, the exchange itself showed it though and was waiting confirmation.    Now its saying 4 confirmations after an hour and the exchange is happy to clear it with that much.   So thats relatively fast, I think I used 15 dollars worth of BTC previously only for it to take 4 hours or more.

Probably a good time to amalgamate any left over funds in various places so its not marooned


https://i.imgur.com/zjve8Cd.png
Heres a snapshot to correlate with ones posted previously

Just got my $8150 buy target hit. Looking forward for $9200 tomorrow, I'm pretty sure we're gonna reach that in next 24 hours, graph is pretty much suiting it.

Yes I think actually a bit higher then that is a good possibility, theres more of a question beyond that

[pacman7331]

Looks to me this trend isn’t yet breaking through.

[xhomerx10]

I did a very large transaction with around 25 inputs and one output.  The regular fee was showing 5 satoshis/byte, and I changed it to 3 satoshi's per byte.  It warned me that my fee was too low and projected 3 days to go through.  It went through in the next block, which was 1 minute later.

Just to concur, I've tested with 4 sat/byte from mycelium with the app's suggested low priority amount.   It did state it had failed to broadcast for like 30 mins, the exchange itself showed it though and was waiting confirmation.    Now its saying 4 confirmations after an hour and the exchange is happy to clear it with that much.   So thats relatively fast, I think I used 15 dollars worth of BTC previously only for it to take 4 hours or more.

Probably a good time to amalgamate any left over funds in various places so its not marooned


https://i.imgur.com/zjve8Cd.png
Heres a snapshot to correlate with ones posted previously

 Funny.  The  blockchain spamming issue disappeared and now we're trying to recreate it by experimentation.   

[RoomBot]

Doesn't matter what I think, and as you said "people who understand the value of bitcoin". Newbies don't understand shit, but, they do understand metrics like market cap, so it will hurt bitcoin. If bitcoin is not number one on the shitty marketcap metric that will hurt bitcoin adoption plain and simple.

What do the advertisers say? "you don't need a good product, just good marketing"

In that case, bitcoin was fucked from day one. 21 million coins for the entire world economy was never going to work. Most world citizens (>99%) have never had $8750 at one time in their lives. They will never buy bitcoin at that price. They will buy Ripple for $1 instead.

EDIT: Yes, I know they are divisible but the average idiot can't comprehend that.

When bitcoin is $100k or $1million per unit, they are going to be even less affordable, but so fucking what?  Not everyone can own a whole bitcoin, and sooner or later that fact is going to sink in.  Right now, there are quite a few peeps who can relatively easily own 1million satoshis, but later on, even that goal is going to become more difficult for peeps to achieve.  So if they want to be bitcoin rich, they better get their asses onboard earlier rather than putting their money into some scam that may or may not help them in the BTC accumulation arena.

I sent several of my friends $10-$50 worth of BTC back in 2013-2014.
Even though they may only hold .01 -.5 BTC, they're pretty happy with that little airdrop now!
And no one is tripping over these temporary corrections.  We're HODLers.
Anyone who doesn't understand that you can buy a PART of something worth $10K, (i.e. $100 worth of BTC) shouldn't be in BTC!

Totally agree RoomBot... Surely we can have some sympathy and attempt to hold the hands of newbies part of the way, yet at some point, peeps gotta be doing a bit of their own due diligence and figure out some of the specifics of this GRAND paradigm shifting technology.. otherwise, they just gonna be left running after the train...

Yeah, maybe they don't care right now, and yeah maybe they are too nervous about the whole bitcoin scary situation, but down the road, they might come to realize that they could have, should have, would have been in a much more comfy position with just a relatively moderate-sized investment of their time and money.

That's right.  The smartest ones kept buying. They're all happy.

[pacman7331]

Or perhaps this is more like what everyone sees?

[jojo69]

Just got my $8150 buy target hit. Looking forward for $9200 tomorrow, I'm pretty sure we're gonna reach that in next 24 hours, graph is pretty much suiting it.

not to rain on your parade, but TA will tell you anything you want depending on how you look at it...

look at the MACD on the 4 hour

[El duderino_]

Breaking 24777$ prediction game      FINAL LIST       

[...]

UPDATE     AND GOOD LUCK !!!

BITCOIN??   Just ———-> hodl that shit  keep innovating/ adapting/ learning/buying/ not panicing/decentralize and So on .........

And get quick @24777 Just for new future list games getting bored on This one

And Some say same old shit please like NEXT 24 h are critical or .......

I think the game will become very exciting again as much as we are closer to the target price. It's funny that even if the prize is worth a VERY considerable amount (more so when the price is reached) many people would prefer someone else to win if that means we reach the price sooner than our expected date.

To put things in perspective, when the prize is claimed, it will have a worth in FIAT of more than $6000USD!... And everyone will be enjoying the party, probably still celebrating having broken $20K just a few days/weeks before.

Really anxious for that day to come

It really is a win-win game for HODLers.

Thanks, @micgoossens

If I win, I'm changing my birthday. 

Only lose - lose for me and i’m a hodler as well :-/
But i do not take iT from my actually hodling stack ..... When a dip i buy the promised amount more and keep iT apart So iT doesn’t heart me at all

[BlindMayorBitcorn]

[cannycassiopeia]

MACD is the worst indicator of all indicators. Bots that use MACD strategy (buying/selling crosses) often lose money in the long run.

[BlindMayorBitcorn]

[BlindMayorBitcorn]

An Error Has Occurred!
You cannot send merit to yourself


 

[rafanadal]

I thought i'd wake up to 9k, instead we are struggling to stay above 8k 
What's going on ?