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

[TERA2]

ETH has me super pissed. It should be worthless but instead it's up like 80% from its low.

Ripple, BCash and EOS up 15-20% in the last 24h and you get annoyed by ETH?

Interesting...

I'm not following ALL the shitcoins, but now XRP has me even more upset. Thanks.

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[somac.]

For fucks sake, alts a rising at a stupid speed again, with btc being a laggard. Here I was thinking that this alt shit had ended and btc would be the main show again. 

Altcoins are used to increase BTC through trade (aka gambling).

That's why they rise faster, and fall faster as well.

well they aren't being used to increase today are they, the btc dominance has dropped substantially in the last week. That's not good.

[Totscha]

ETH has me super pissed. It should be worthless but instead it's up like 80% from its low.

Ripple, BCash and EOS up 15-20% in the last 24h and you get annoyed by ETH?

Interesting...

I'm not following ALL the shitcoins, but now XRP has me even more upset. Thanks.

Sure thing. You're welcome.

Sorry I made you look one row lower on CoinMCap

[Raja_MBZ]

ETH has me super pissed. It should be worthless but instead it's up like 80% from its low.

Ripple, BCash and EOS up 15-20% in the last 24h and you get annoyed by ETH?

Interesting...

I'm not following ALL the shitcoins, but now XRP has me even more upset. Thanks.

Days of "only bitcoin" are coming soon, just wait and see. Bitcoin is about to start its super bull-run, and once it does, alts are gonna suffer. You might then pick up some of your favorite alts and enter them, but entering alts right now isn't the best thing to do IMO.

Bitcoin is about to take-off, there's a huge probability of it right now, it has broken the downtrend, once it does, proud owners of alts are gonna cry, again.

[toknormal]

Bitcoin is about to take-off, there's a huge probability of it right now, it has broken the downtrend, once it does, proud owners of alts are gonna cry, again.

I am a proud owner of alts.

Bitcoin is like the Eiffel Tower - if you took away the buttressing it would fall down. ALts are the buttressing for bitcoin and if they disappeared bitcoin would fall down because difersification is an essential hedging aspect of any investment portfolio.

Also, although bitcoin is fine as an asset, it's technologically crippled and so alts are here to stay

[HairyMaclairy]

[somac.]

Bitcoin is about to take-off, there's a huge probability of it right now, it has broken the downtrend, once it does, proud owners of alts are gonna cry, again.

I am a proud owner of alts.

Bitcoin is like the Eiffel Tower - if you took away the buttressing it would fall down. ALts are the buttressing for bitcoin and if they disappeared bitcoin would fall down because difersification is an essential hedging aspect of any investment portfolio.

Also, although bitcoin is fine as an asset, it's technologically crippled and so alts are here to stay

of course they are here to stay. But in no way is btc technologically crippled. You've been drinking the alt kool aid on that one.

[somac.]

Days of "only bitcoin" are coming soon, just wait and see. Bitcoin is about to start its super bull-run, and once it does, alts are gonna suffer. You might then pick up some of your favorite alts and enter them, but entering alts right now isn't the best thing to do IMO.

Bitcoin is about to take-off, there's a huge probability of it right now, it has broken the downtrend, once it does, proud owners of alts are gonna cry, again.

I truly hope so

[Totscha]

Days of "only bitcoin" are coming soon, just wait and see. Bitcoin is about to start its super bull-run, and once it does, alts are gonna suffer. You might then pick up some of your favorite alts and enter them, but entering alts right now isn't the best thing to do IMO.

Bitcoin is about to take-off, there's a huge probability of it right now, it has broken the downtrend, once it does, proud owners of alts are gonna cry, again.

I truly hope so

There could be room for two

https://coinmarketcap.com/historical/20130428/

[TERA2]

I dont agree that the next ATH is coming just because a diagonal line was brokenmight break. How many times did that happen in 2014? Rally to 12Kish maybe.

[Totscha]

I dont agree that the next ATH is coming just because a diagonal line was broken. How many times did that happen in 2014? Rally to 12Kish maybe.

Shhhhh! Don't scare them!

I need someone to buy my coins at 12k before they plummet to sub 5k

[MERlT]

Bitcoin is about to take-off, there's a huge probability of it right now, it has broken the downtrend, once it does, proud owners of alts are gonna cry, again.

I am a proud owner of alts.

Bitcoin is like the Eiffel Tower - if you took away the buttressing it would fall down. ALts are the buttressing for bitcoin and if they disappeared bitcoin would fall down because difersification is an essential hedging aspect of any investment portfolio.

Also, although bitcoin is fine as an asset, it's technologically crippled and so alts are here to stay

I wondered who bought all that Earthcoin LMAO 

[jojo69]

broke the log trend on GDAX

stamp still seems to be the datum of record however

[toknormal]

of course they are here to stay. But in no way is btc technologically crippled. You've been drinking the alt kool aid on that one.

 • it does not support any realtime service protocol and so can never deliver native API services
 • it can only support a deflationary monetary system, no inflationary ones and so is useless as a trading currency
 • it has no native fungibility maintenance
 • governance is by contention only, which has already lead to forks in the community as well as the chain itself
 • it's one of the most centralised assets in the financial universe with 98% of the supply being held by less than 0.1% of the world population
 • it's slow at confirmation (a good thing IMO, but if you're trying to top up your credit card when the shop's closing in 10 minutes, forget it)
 • the Lightning network will not fix this as it only works for off-chain transactions plus...this

I'd better stop there for now cos my "koolaid" tank seems to keep topping itself up and I might get a bit sick

[marcus_of_augustus]

^^^ that's some pretty skanky old FUD dude ... better check your facts before you believe that dross.

In other news who's gone short on 4/20 day?? bad move, expect the pump on 4/20.

[Torque]

And then Congress will make a law against road pirates, who are using Comcast’s private roads without permission. And we can all run a campaign on road neutrality and no one will listen

A good illustration why power of the state is not good.

I can’t argue with that. Also have learned something today which is that libertarians basically just want to be left alone. I had some sympathy for that even if I don’t agree with some of the outcomes.  So I apologize!

This would then imply that all non-Libertarians want to constantly be fucked with by the state? You can't belong in both camps simultaneously. You can't have it both ways.

It's not to say that Libertarians want total anarchy. It's just that it's crystal clear the state has gone WAY past providing basic civil services at this point. And keeps on going beyond it decade after decade, eroding one's freedoms and liberties more and more and more. Until eventually none are left. No one seems to care though, in fact the majority fkn embrace and welcome it.

[_javier_]

Bye bye Bear.. see you next year!!

[toknormal]

^^^ that's some pretty skanky old FUD dude ... better check your facts before you believe that dross.

In other news who's gone short on 4/20 day?? bad move, expect the pump on 4/20.

Not saying Bitcoin's technological characteristics aren't appropriate to its needs. I'm just saying they're no use when it comes to a lot of "other" needs :-)

That's why the market has diversified.

[Totscha]

of course they are here to stay. But in no way is btc technologically crippled. You've been drinking the alt kool aid on that one.

 • it does not support any realtime service protocol and so can never deliver native API services
 • it can only support a deflationary monetary system, no inflationary ones and so is useless as a trading currency
 • it has no native fungibility maintenance
 • governance is by contention only, which has already lead to forks in the community as well as the chain itself
 • it's one of the most centralised assets in the financial universe with 98% of the supply being held by less than 0.1% of the world population
 • it's slow at confirmation (a good thing IMO, but if you're trying to top up your credit card when the shop's closing in 10 minutes, forget it)
 • the Lightning network will not fix this as it only works for off-chain transactions plus...this

I'd better stop there for now cos my "koolaid" tank seems to keep topping itself up and I might get a bit sick

- No realtime service protocol? No native API services? No ice cream dispensers? Worst crypto ever!
- Yes, that's the basic monetary system of bitcoin. Useless as a trading currency? You spelled too precious wrong
- Not yet! Confidential Transactions are in the works.
- Yes, that's how decentralized systems work. What's your point?
- Sure, that's not good. But I'm unsure how to solve this by creating an altcoin...
- That's what LN is for. It's meant for small and fast payments. Being off-chain is what enables the whole thing anyway. Plus: https://medium.com/@thecryptoconomy/dont-count-your-fud-before-the-lightning-strikes-15-claims-against-lightning-answered-9671d4a663a9

[Paashaas]

Polish Bitcoiners protesting against the 1000% tax plan from their goverment on Bitcoin.

1000%...