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Question: Nov. 18 closing price:
<$35,000 - 4 (9.1%)
$35,000-$35,500 - 1 (2.3%)
$35,500-$36,000 - 4 (9.1%)
$36,000-$36,500 - 4 (9.1%)
$36,500-$37,000 - 4 (9.1%)
$37,000-$37,500 - 3 (6.8%)
$37,500-$38,000 - 4 (9.1%)
$38,000-$38,500 - 5 (11.4%)
$38,500-$39,000 - 2 (4.5%)
$39,000-$39,500 - 1 (2.3%)
$39,500-$40,000 - 0 (0%)
>$40,000 - 12 (27.3%)
Total Voters: 44

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26311555 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. (170 posts by 1 users with 9 merit deleted.)
HairyMaclairy
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March 29, 2018, 05:57:27 AM

$300 ETH soon
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Whoever mines the block which ends up containing your transaction will get its fee.
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criptix
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March 29, 2018, 06:00:28 AM

$300 ETH soon

Yep we back at .055 again.

Im seeing that we might even retest .045 lol coz btc is going down.

#rip eth
Hueristic
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March 29, 2018, 06:00:31 AM

... don't forget to open up and let FaceSpook into your life ... and all your friend's lives too.

Data-rape is now available for everybody, not just the 'conspiracists'. Let's be real, FaceSpook is a govt.-backed surveillance and intelligence black-op masquerading as a global tech. corporation.

Candide, penetrated with so much goodness, threw himself at his feet, crying, “Now I am convinced that my Master Pangloss told me truth when he said that everything was for the best in this world; for I am infinitely more affected with your extraordinary generosity than with the inhumanity of that gentleman in the black cloak, and his wife.”
 Roll Eyes

Holy shit this used t be my favorite move that no-one knew about. "Do not Question authority".
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March 29, 2018, 06:02:36 AM
Last edit: March 29, 2018, 06:16:21 AM by pacman7331

7.4, 6.3, 5.7 --> 3 k  Cry

Acutally its 7500 then 7250 then 5900.

Dunno where u getting 3k.
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March 29, 2018, 06:13:02 AM

Pigs will always get slaughtered, and everyone who expected the bullrun to just continue after 2017 Dec, were greedy little pigs who got what they deserve. Same here, with pigs thinking that every little spike upwards marks a trend reversal to a new bullrun. These pigs will also get slaughtered. Everything is the same as 2014.
babanana
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March 29, 2018, 06:16:21 AM

Buying for dumping, losing some gains until the lowest level is reached. Bear season ahead.

Same strategy used on bull run but the objective is the opposite. Bear run. 
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March 29, 2018, 06:19:26 AM

Pigs will always get slaughtered, and everyone who expected the bullrun to just continue after 2017 Dec, were greedy little pigs who got what they deserve. Same here, with pigs thinking that every little spike upwards marks a trend reversal to a new bullrun. These pigs will also get slaughtered. Everything is the same as 2014.

Still got every coin I paid for.  Cool

Are u bidding low? I’ll pass!  Grin

One day you’ll get what u deserve too.
Jacques_Bittard
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March 29, 2018, 06:33:27 AM

One day you’ll get what u deserve too.

If you really think so, then thank you!
jojo69
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1/21000000 , the only math you need to know


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March 29, 2018, 06:36:48 AM

whelp, better go beg for my old job back
realr0ach
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March 29, 2018, 06:38:08 AM

Pigs will always get slaughtered, and everyone who expected the bullrun to just continue after 2017 Dec, were greedy little pigs who got what they deserve. Same here, with pigs thinking that every little spike upwards marks a trend reversal to a new bullrun. These pigs will also get slaughtered. Everything is the same as 2014.

I nominate JayJuanGee for Lord of the Pigs.
hd060053
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March 29, 2018, 06:41:22 AM
Merited by JayJuanGee (1), LFC_Bitcoin (1), El duderino_ (1)

BTC 62 % down from ATH. Remember, this is the phase where whales are buying big. This time, also Wall Street money is in. Smart money is buying now.

I have observed the last 3 big bubbles and it's always the same pattern. At the first bubble I have made the mistake and sold at this phase. Everyone I know made this mistake once.

At least after the next halfing (2020) we will see a new ATH, but possibly also earlier. Patience is needed.
Harlot
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March 29, 2018, 06:42:47 AM

There is a break down on a weak bear flag which has confirmed the process, expect Bitcoin to drop up to 7,200$ (or even more) but we can expect Bitcoin to bounce right back up again in 7,400$ (although this bounce probability is low). The MACD bullish crossover was not enough to stop the break down formed in the hourly chart but the crossover is a sign that Bitcoin could be back on a bullish trend in a short period. Cutting losses now might now be a good option as we don't know how deep will it fall or will it even fall.
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March 29, 2018, 06:48:22 AM
Last edit: March 29, 2018, 07:00:15 AM by mindrust
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By this time it is obvious we are going to test 6k. So if BTC goes below that my guess we will see 3.25k in near future. Trump tarifs, rate increase, Russia, you name it. All of those bringing markets down.

Rate increase is the biggest problem here. No more free dollars, no more bubbles.

Lots of companies will go out of business because of this. Mortgages, banks, retail markets... Everybody will have his fair share from the FEDocalypse.

Sad thing is if the interest rates go higher, it won't just destroy bubbles because those bubbles existed for so long, they became the economy itself. That's why some experts call this a "bubble economy".

And bitcoin, some called it "tulips of our century", even if it had nothing to do with tulips, will get affected because bubble or not, everything is connected.

And then it will be a  dot.com. 2.0

Bitcoin goes to sub $1k levels, people suicide, alts get completely destroyed, people even suicide more. FED decides to lower the interests again and starts printing money, people completely lose interest in USD or any other paper money because they'll hold the FED responsible for the carnage, then people will completely leave the current banking system and...

Bitcoin > $1 million USD.

When that time comes, it won't matter because USD will be no better than Zimbabwe dollars.

P.S. BTC is the real USD and true vision of Abraham Lincoln.
HairyMaclairy
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March 29, 2018, 06:51:04 AM

Sounds promising !
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March 29, 2018, 06:54:17 AM

TA with bitcoin is rationalization of gambling.
What counts is if 7 billion $ flows in to pay for the miners cost, or this 7 billion $ will be taken out coin value. Extremely expensive mining is the biggest flaw of bitcoin. Because of this, if bitcoin isn't expanding, then it will be quickly imploding on the weight of it's mining costs.
HairyMaclairy
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March 29, 2018, 06:55:41 AM

Which is why difficulty can fall my dear boy. 
JayJuanGee
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March 29, 2018, 06:58:05 AM


Quote
bla bla bla

/rant


bla bla bla

/rant

bla bla



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





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! Smiley


@Save the RF:  You have a tendency to devolve into a kind of non-comprehension.  Look in the mirror to confirm whether you are bot, or no?    Cheesy Cheesy Cheesy Cheesy

Surely, bigger blocks are not seeming to be in the cards for bitcoin.... so BIG block nutjobs can whine all that they want about what they believe to be in bitcoin's future - when something like BIG blocks seems to amount to a kind of distracting and not justifiable fantasy.  Segwit and lightning, is likely going to be bitcoin's short term (perhaps several years into the future path forward, and is going to be built upon, and seems to be little to no need for BIGGER blocks at the time being or even in the foreseeable future.).  Bitcoin's price will do whatever it is going to do... which is likely going to continue to go up.




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.

Perhaps, there will be some other coins used for smaller transactions, but there no real reason that bitcoin will not evolve in that direction..... We also still have fiat and credit cards, and I don't mind spending my fiat or using my credit cards for some of those purposes, for the time being.  Of course, bitcoin's use and adoption is likely to take quite a few years, so you may be correct that at least in the shorter term, there may be more of a tendency to use bitcoin as a form of store of value... especially when we still seem to have less than about .5% or world adoption, even if there may be some community pockets that have higher adoption - maybe 1-5% in some areas that are more in the crypto space (maybe tech geeks or something?).

Bitcoin will be important just because the miners will be motivated to maintain the network for high fees. Smiley

What time frame are you talking about?  Currently miners seem to be incentivized to reap some of the mining reward, but maybe after a few more halvenings, the incentives will move more in the direction of fees... but it seems that currently the 12.5 coins per block seem to be a decent incentive for a lot of them.

So... if noobs want bigger blocks, they will have to go somewhere else.

What makes you think noobs want bigger blocks?  Noobs don't know what the fuck they want, except perhaps an investment that holds value, appreciates in value and maybe provides some various other kinds of control over your money utility.

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. Smiley

What the fuck you talking about?  Did you fall down and bump your head in bcash landia?  This is bitcoin, helrow?   Have you noticed in the past couple of months that fees have been dropping to nearly nothing and you can get transactions processed for nearly free?  There are miners, who are apparently processing a large number of low fee transactions, especially in recent couple of months.  In recent weeks (and maybe even more than a month now), I have sent several transactions in the 1 satoshi per byte territory and less than 10 satoshis per byte, and those transactions processed quickly... less than an hour in almost all cases... many of my transactions had three confirmations in less than 30 minutes... So yeah, there may be some questions about whether those fast processing times and low fees can keep up during spamming attacks, which likely are going to come again, at some point or another, no?
criptix
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March 29, 2018, 07:02:54 AM

TA with bitcoin is rationalization of gambling.
What counts is if 7 billion $ flows in to pay for the miners cost, or this 7 billion $ will be taken out coin value. Extremely expensive mining is the biggest flaw of bitcoin. Because of this, if bitcoin isn't expanding, then it will be quickly imploding on the weight of it's mining costs.

That money is spend for the security of the BTC blockchain (mining centralisation is a different question).
HairyMaclairy
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March 29, 2018, 07:06:22 AM

Amusing for a variety of reasons

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March 29, 2018, 07:07:32 AM

Which is why difficulty can fall my dear boy. 

Difficulty may fall, but the amount of equipment built won't fall. Bitcoiners are dumb thinking that difficulty just drops and some people just turn off their machinery. Who will those people be? Most of the bitcoin mining is done by specialized mining companies, that have a very specific business plan and expectations. These companies will go as much in debt as possible, just to keep the machines alive, because considering production logic, just turning off the purchased machinery is the worst option.
First ones to fall will be those, who will run out of credit and their collected coins "that were meant to be sold in better times" will be dumped on the market by bankruptcy proceedings. This will in turn create a chain reaction of price dropping more together with difficulty.
Bitcoin mining is heavily flawed because it's too expensive and it's attributes create an instability timebomb. Satoshi may have been a good coder but he was pretty dumb in economics and finance.

PoW mining would only work if it wouldn't be cheaper to mass-produce coins. Then decentralization would also work. Rewarding mass production PoW mining is idiocy at it's best.
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