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

[realr0ach]

I see you wretched Hebrews are still trying to pump and dump valueless, imaginary tokens.

[savetherainforest]

I see you wretched Hebrews are still trying to pump and dump valueless, imaginary tokens.

Yep... I'm waiting for more dips...



*edit(0): Trading crypto is the new Pokemon Go! ... Everyone will do it just for fun soon enough...

[jbreher]

Jbreher:  batching has destroyed outputs as a metric due to a massive reduction in change outputs. If you are going to troll, at least pick something relevant.

Out of curiosity, were you one of the endless stream of shill artists at Satoshi Vision? Which one was you on the videos?

Thanks. I'll make sure to recognize the distinction in the future.

Wasn't there.

[JayJuanGee]

I'm a one trick pony when it comes to charts. I look for the closing triangles. This one looks pretty straight forward. In early April we either crash hard or go back into bull mode.

-snip-

Or we just do a breakout (up, down) for a short time, pull back or bounce back and continue ranging between $6k to $10k for a few more months.Weak hands can also be shaken out by breaking their patience.Because most of the people want to see quick results, profits, progress. However Bitcoin and crypto in general is still very early and will need much more time to mature. The ones not willing to go this path, not having the patience, will leave and mostly lose and probably regret it in a few years.
So this may be some boring time, but this also the time where lots of progress and development happens. As always true believers will separate from "get rich quick" money grabbers until the next bull run starts.

We just need to be patient, and wait until next halvening. I still see sucess for bitcoin, we just need to cleanse all the scams first.

That remains part of the BIG QUESTIONs in this space - the extent to which the multiple scammers, pump & dumps, Alts and ICOs are going to keep BTC from pumping again...... will we get one more pump of BTC (along with the various alt shitcoins)
with a more convincing blow-off top before getting the longer drawn out correction that will purge a larger number of those shitcoins?

[JayJuanGee]

Btw, I just wanted to take a second and set a few folks here straight.

You fkn big blocker trolls, BCash shills, and even some Bitcoin bulls who were whining all last year about too high transaction fees and how Bitcoin absolutely NEEDED > 1mb block size and like IMMEDIATELY.

With the Bitcoin mempool nearly empty and 1 sat/B transactions clearing in minutes, you guys can go rightly fk off for good. Seriously. Don't even try to raise that argument here ever, EVER again. Piss off.

Spent soooo much time arguing with you fuckheads last year, now you have fk all of an argument to stand on.

/rant

It's not going to stop them.  They did not have much of an argument last year either (either facts nor logice), but they beat the BIG BLOCKER nutjob arguments of high fees and slow speeds, to death... repeatedly.

Btw, I just wanted to take a second and set a few folks here straight.

You fkn big blocker trolls, BCash shills, and even some Bitcoin bulls who were whining all last year about too high transaction fees and how Bitcoin absolutely NEEDED > 1mb block size and like IMMEDIATELY.

With the Bitcoin mempool nearly empty and 1 sat/B transactions clearing in minutes, you guys can go rightly fk off for good. Seriously. Don't even try to raise that argument here ever, EVER again. Piss off.

Spent soooo much time arguing with you fuckheads last year, now you have fk all of an argument to stand on.

/rant

You do realize that as soon as there is an increased demand for transactions again, fees will go through the roof again, right?
Of course, LN might give us a lot of leeway, but eventually block sizes will need to be increased.

Look above^^^^^^^^... exhibit A  ^^^^^^^^

With the Bitcoin mempool nearly empty and 1 sat/B transactions clearing in minutes, you guys can go rightly fk off for good. Seriously. Don't even try to raise that argument here ever, EVER again. Piss off.

Tough titties, bucko. Your impotent rant hath no power here. I'll raise the argument whenever I want.

Quite dismayingly, the Bitcoin transaction rate seems to be suffering a lack of interest. It has been chopped in half since the heady days of $20K Bitcoin.

https://blockchain.info/charts/n-transactions

Are there 200,000 transactions on LN between the paltry 1000 or so nodes to make up for it? I admit I have been unable to find any statistics, but it seems rather unlikely.

A peer-to-peer system that is seeing declining use is nothing to celebrate.

Look above^^^^^^^^... exhibit B ^^^^^^^^

[JayJuanGee]

Jbreher:  batching has destroyed outputs as a metric due to a massive reduction in change outputs. If you are going to troll, at least pick something relevant.

Out of curiosity, were you one of the endless stream of shill artists at Satoshi Vision? Which one was you on the videos?

You noticed that PeterR has not shown his smug Bcash shill nutjob avatar in recent times?  Maybe he is still recovering from the shock of bullshit that he had to absorb over the weekend?  Truly Traumatized to the extent that PeterR may actually be a real peep?   

[savetherainforest]

bla bla bla

/rant

bla bla bla

/rant

bla bla

Look above^^^^^^^^... exhibit A  ^^^^^^^^

bla

bla bla bla

Look above^^^^^^^^... exhibit B ^^^^^^^^

So... bigger blocks mean 'common use of bitcoin everywhere'. But that means the overall price of bitcoin will be lower! So if the advocates of bigger blocks want bigger blocks, they will have to give up high prices!

So... bitcoin tends to become a vault stored asset, so... smaller unheard coins will be used for buying coffee from the corner shop or beer from a bar. Bitcoin will be important just because the miners will be motivated to maintain the network for high fees.

So... if noobs want bigger blocks, they will have to go somewhere else. Because for now the miners seem to decide the fees. And they will pick higher fees as long as someone pays for the security of their assets.

[pacman7331]

Not yet hit bottom. I think. Asia also never sets the trend. Only reinforces.

[yefi]

If you try market selling on Binance you will quickly work out that the books are pathetically thin for even major pairs. I will happily call Binance as being 98% wash trading.

I've always doubted their numbers. They seemed to become the top-trading exchange virtually overnight.

only 24 left ----let the bull season start again so we can have a new game in here
with a little bull sentiment in my haed i hope to erase the last 4 so we would have 20 names and withe a little extra bull thoughts i'm hoping 28/08/2018 will be the last date of this list , BUT we will see offcourse whats gonna happen 

What, no love for the yefi?

I do think Bitserve has a good chance if we see a quick recovery. He picked a very nice range of dates. Hopefully we won't be in for cryptowinter, otherwise it's gonna be luckgenough56.

[jojo69]

the amount of gov pressure facebook is under might eventually force it to delete any data remaining from deleted accounts.

there is no "delete"

grow up

[Ivor Biggun]

the amount of gov pressure facebook is under might eventually force it to delete any data remaining from deleted accounts.

there is no "delete"

grow up

Yes that will be what Mark Zuckerberg tells all those gov committees, but they might view things differently.

[jojo69]

the amount of gov pressure facebook is under might eventually force it to delete any data remaining from deleted accounts.

there is no "delete"

grow up

Yes that will be what Mark Zuckerberg tells all those gov committees, but they might view things differently.

doesn't matter

you can't "unleak" information just like you can't rechicken a nugget

[Trilogy-AI]

Not yet hit bottom. I think. Asia also never sets the trend. Only reinforces.

Unfortunately have to agree with you.  Just look at the majors (like ETH) which have already made lower lows.

[Lontonbit]

Gox whale has 7000 btc on exchanges causing Chaos in the market!

[Ivor Biggun]

Gox whale has 7000 btc on exchanges causing Chaos in the market!

Bones261 says no more gox coins have moved to exchanges since February.

Didn't someone set up a website to monitor the gox coins for movement?

Guess that I am placing blame on the wrong entity. No coins moved recently according to the web page.

https://www.cryptoground.com/mtgox-cold-wallet-monitor/

[Lontonbit]

Bitcoin Private about to explode

[HairyMaclairy]

Bitcoin Private about to explode

I will make sure I am a safe distance away then.

[Toxic2040]

The slips - or shakes - are getting weaker, but I am still not so sure we shouldn't count these smaller ones as "ripples" from the first one. In which case, more shakes are coming - and they might be stronger. For now, we haven't seen any attempt to dive deeper than the last dip @7200-ish, which helps me keep my cool.

Which long term support do you have in mind when you say that? The bottom of the green strip? How high would that be in a end of March/beginning of April interval?

I am not sure I follow..  Bottom support between now and then?  Funny thing about support..it is until it isnt.



notice volume..somethings afoot.

Bitcoin Private about to explode

lol'd at this..   pssst...you blinked.

[Paashaas]

Whales playing with the ''Death Cross'' making weak hands panic sell and scooping those coins up.

[HairyMaclairy]

Worth noting in 2013 the death cross marked the bottom for a couple of months.  It recrossed on the way back up a month later.