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

[El duderino_]

Was not online most of the time last 3 hours .... very little
So gotta catch up the pages when i’m home
But first gonna stop for the 30 min gritt work out....
Now i did see the price action this is going to drive me mad in this group session today
Price rekt next body rekt

I guess when i Will be seeing last pages it Will be about many where/when/how/deep/far etc the bottom i not

Honeybadger don’t give a f*** but Micg prefer the big green lines  (#keeponhodling)
Nothing changes ( work out Will just be going little bit more intens )

[vit05]

Jihan is reported to have said a few hours ago regarding the BCH fork, "I have no intention to start a hash war with CSW, because if I do (by relocating hash power from btc mining to bch mining), btc price will dump below yearly support; it may even breach $5000. But since CSW is relentless, I am all in to fight till death!" I think he or someone aligned with him dumped on low volume in order to send some kind of message, though I'm not sure what that message is supposed to be: there really shouldn't be much fundamental relationship between hash power and prices except insofar as it causes technical issues (eg. slow blocks -> higher fees), but no BTC issues seem likely here.

Great when the topic has information in a panic moment. Even if it is not good information, bring some rationality to a sudden movement like what happened helps you to think better and plan the next actions.

[cAPSLOCK]

something something critical...

[-Andres-]

Close interne,t go to sleep, or buy vodka and seledka.

[jbreher]

What the fuck is this?

People converting BTC into BCH so they can claim free shit fork coins tomorrow?

Doesn't appear to be the case. True, BTC is down. But BCH is down more ATM. BTC/SV, however, is up considerably.

[qwizzie]

I've been waiting for this for so long. 

Well, it has been a rocky road.. but here you are.

[cAPSLOCK]

Oh..  And hello to the people in the future who are studying this thread as part of the evidence of market psychology of the early 21st century bitcoin phenomenon.

Don't you wish you had been here with us?

I know.. I know...  Lucky bastards we are.  

We even know it on a day like today.

[BinaryReign]

Anyone else think Bitstamp smells really fishy right now?
 

[infofront]

I believe we've now reached yearly lows.

Congrats. Bull market starts tomorrow. 

[cAPSLOCK]

What the fuck is this?

People converting BTC into BCH so they can claim free shit fork coins tomorrow?

Doesn't appear to be the case. True, BTC is down. But BCH is down more ATM. BTC/SV, however, is up considerably.

The market is actually betting that CW is Satoshi, basically.

Woof.

[gembitz]

TO THE MOOOOOOOOON!!! :-D lmfao noobs!!!

[gembitz]

What the fuck is this?

People converting BTC into BCH so they can claim free shit fork coins tomorrow?

Doesn't appear to be the case. True, BTC is down. But BCH is down more ATM. BTC/SV, however, is up considerably.

kill zone soon? kek

[mindrust]

Cheap coins are coming booois!

Aren't you grateful!

Weeeeeeeeeeeeeee

Let them dump more!! I want $1k/piece so i can complete my 21coins target!

[jbreher]

bCashers in full panic mode, going to drink a cup of tea on that. (I don't drink booze)

The real shitcoin flippening.

Yup. BCH, in the form of SV, is midway through demonstrating that:
- so-called 'nodes' don't matter
- miners decide, restrained only by the threat of users abandoning the chain
- forks can be just an upgrade mechanism - decisively, if backed by hash
- the most proof of work chain matters

No panic here.

Cheers!

[Torque]

I believe we've now reached yearly lows.

Congrats. Bull market starts tomorrow. 

Wha? With no Bearwhale moment?

Am disappoint.

[gembitz]

Cheap coins are coming booois!

Aren't you grateful!

Weeeeeeeeeeeeeee

Let them dump more!! I want $1k/piece so i can complete my 21coins target!

$2500 soon? this is great!!!

[Torque]

Yup. BCH, in the form of SV, is midway through demonstrating that:
- so-called 'nodes' don't matter
- miners decide, restrained only by the threat of users abandoning the chain
- forks can be just an upgrade mechanism - decisively, if backed by hash
- the most proof of work chain matters

But what doesn't seem to matter is actual user adoption, merchant adoption, investor interest, anyone really giving a shit, etc.

[HI-TEC99]

And $6000 broken.

You’re 30 mins late. We’re on our way to $4xxx

When will this shit show STOP?

Why this is happening?

This is a predicted and necessary event.

next stop 4650

It seems to me that a final capitulation, based on some bcash fud, is a very positive scenario.

Something similar happened in the summer of 2015. The price briefly dumped down far below $200, but only that far on one exchange (bitfinex). Three or four months later the price pumped up to $500 and the bear market ended.

[cAPSLOCK]

bCashers in full panic mode, going to drink a cup of tea on that. (I don't drink booze)

The real shitcoin flippening.

Yup. BCH, in the form of SV, is midway through demonstrating that:
- so-called 'nodes' don't matter
- miners decide, restrained only by the threat of users abandoning the chain
- forks can be just an upgrade mechanism - decisively, if backed by hash
- the most proof of work chain matters

No panic here.

Cheers!

So you back the SV camp?  Personally I think Monero is much closer to "Saatoshi's Vision" than anything CW has anything to do with...

[El duderino_]

Cheap coins are coming booois!

Aren't you grateful!

Weeeeeeeeeeeeeee

Let them dump more!! I want $1k/piece so i can complete my 21coins target!

You even take your HAT of for this kind of drops

Pffff lessons start NOW

Gonna pump so hard in here......