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

[bitserve]

The next 24 hours are critical as always. If we keep the momentum, a breakout above 4K  is possible. This will comfirm that we are in a bull market. Longs are pretty high and shorts are low. The support down to $3K is double than the previous 2 weeks - in BFX went from 6K to 11.2K BTC. We didn't have a rise this week, so a breakout is more probable than a long squeeze.  We shall see.

OK, I don't want to brag with my trading skills, but this was a precise hit! Btw, I always like to watch BFX price - it is more bullish than Bearstamp. And we just broke 4K on BFX!!!

They're always $100+ aren't they fake news and a risky exchange to use?

Of course they are risky. I trust only kraken and CB for fiat withrawals. But the fact is that BFX starts almost all pumps and it is more fun to watch than the dull Bearstamp.

We don't watch Bitstamp because of the "fun" or the "no fun," but instead for a desire to attempt to stay in the real world rather than in fantasylandia.

I mean if the rate is real and you can actualy sell BTC at that price why it's a fantasy?

Because you can't sell it for REAL USD that you can properly withdraw to your bank account.

Never used BF myself but I presume you're wrong: https://support.bitfinex.com/hc/en-us/articles/213919309-Fiat-Withdrawal-Processing

Maybe someone can shed some light if BFX now *really* have working withdrawals? If that were the case then I wouldn't understand why it still has the higher premium.

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[wachtwoord]

Don't like LN? You are free to opt-out without this stopping you from using Bitcoin directly. You are also free to develop another second layer on top of Bitcoin and only you and your counterparty (ies) need to adopt it for it to work.

[P_Shep]

Yeh lets abandon the Bitcoin Network and jump on xrp version 2 lightning network (LN) instead.

I beg your pardon ?

Lightning IS Bitcoin.

Right and Elephant IS a Car

Bitcoin network is bitcoin network
Lighting network is lightning network

claiming otherwise is a dishonest shill.

A Bitcoiner supports Bitcoin network with mining or mining shares.
A shitcoiner supports a shitcoin node whatever his preferred flavor my be, XRP node, LN node, JPM node or what not crap node (cheap crap computer)

LN (in)directly supports JPMCoin, XRP..... with atomic swap any crap is instantly interchangeable

Crappy worthless nodes Version 1, XRP erks me like...,  no difference with version 3, LN or version 4, JPM

Are you crazy? Is that your problem?

Didn't you know?
When you use TCP, you're no longer using over IP, and is in fact something completely different.
Also, IP is amazing and TCP is a shit protocol.

[somac.]

Don't like LN? You are free to opt-out without this stopping you from using Bitcoin directly. You are also free to develop another second layer on top of Bitcoin and only you and your counterparty (ies) need to adopt it for it to work.

hold on slow down a minute there. Don't let facts get in the way of a good irrational scare campaign.

[gentlemand]

Maybe someone can shed some light if BFX now *really* have working withdrawals? If that were the case then I wouldn't understand why it still has the higher premium.

BFX charge 3% for withdrawals above $1 million.

https://www.bitfinex.com/posts/311

I doubt anyone bothers withdrawing any more so perhaps it's never been tested.

[bitserve]

Yeh lets abandon the Bitcoin Network and jump on xrp version 2 lightning network (LN) instead.

I beg your pardon ?

Lightning IS Bitcoin.

Right and Elephant IS a Car

Bitcoin network is bitcoin network
Lighting network is lightning network

claiming otherwise is a dishonest shill.

A Bitcoiner supports Bitcoin network with mining or mining shares.
A shitcoiner supports a shitcoin node whatever his preferred flavor my be, XRP node, LN node, JPM node or what not crap node (cheap crap computer)

LN (in)directly supports JPMCoin, XRP..... with atomic swap any crap is instantly interchangeable

Crappy worthless nodes Version 1, XRP erks me like...,  no difference with version 3, LN or version 4, JPM

Are you crazy? Is that your problem?

Didn't you know?
When you use TCP, you're no longer using over IP, and is in fact something completely different.
Also, IP is amazing and TCP is a shit protocol.

I am confused.

You don't use TCP over IP? Irony maybe?

[HairyMaclairy]

https://twitter.com/btcking555/status/1097819249538723841?s=21

[JSRAW]

Lightfoot sells a bitcoin to pay expenses, price goes up.

Normal.

Pity, i would say do not sell @these prices, but when gotta cover Some expenses Then there is nothing to do about it

Hope you can buy the coin back

Same for me, I sells on a regular basis due to pay expenses when I receive payment in BTC but I am cover for good 3-5 months so not selling anything.

[600watt]

can anyone dig out a prediction that beats this one in accuracy and efficiency? found this gem in a 2013 price poll.

17.7.2017, 17:17:17 Uhr: 17.423,13 € bzw 26.861,24 USD (1 Euro = 1,5417 USD)

the guy made only one post ever, predicted a 2017 price of €17.423 while in reality price went to €16.457 in 2017.

missed it by 5% 

It was me...... and created another account @2017 cause i was ashamed for missing the price by 966€

wow! I was suspecting it was you for a long time...

but how do we know you are not shamelessly lying? can you prove it? what will be the yearly high in 2023? if you hit it again with 95% accuracy you are the man!  

[Cryptotourist]

I don't think Mic actually meant it - it was more like a joke.

[bitserve]

I don't think Mic actually meant it - it was more like a joke.

Confirmed.

[lightfoot]

Same for me, I sells on a regular basis due to pay expenses when I receive payment in BTC but I am cover for good 3-5 months so not selling anything.

Indeed. Right now it's bouncing around 3999 like a balloon against the ceiling. Ug.

[Lambie Slayer]

4100 soon.

This is not 2015 all over again, not even close. Bears thinking they will have many chances to scoop up cheap coins at 3000(or uber bears praying for 1500-2500) will be punished for laziness, greed, lack of vision, and just being plain late. The Baby Bull Market is growing each day. THE BOTTOM IS IN Long live King Bitcoin.

[El duderino_]

I don't think Mic actually meant it - it was more like a joke.

Confirmed.

Double confirmed that tasteless Joke

But indeed crazy prediction

[600watt]

I don't think Mic actually meant it - it was more like a joke.

Confirmed.

Double confirmed that tasteless Joke

But indeed crazy prediction

Of course you were joking. You should still give it a try though... 

[Arriemoller]

Going to break 4k, are we?

Didn't we already do that a month or so ago?
I fail to see the wow factor in that, just normal volatility.

It's because we're showing more evidence of it reversing.

Nah, it's too early for that, we have several more months sideways to look forward to.
I'll be glad if I'm wrong, but I'm probably not.

I would say you are both right and wrong

We have bottomed and yes we have several more months of sideways.

pish tosh

I would say you are both right and wrong.

You are right about the sideways.

But there's plenty of room yet for a stab down to the dark side.

I'd even prefer it that way.

I'll bet you a litecoin?

I will take it if Hairy won't.

I will wager 1 LTC we have already seen the bottom of this bear market.  That is, it will not go lower than 3122.

Suggest period of wager is until Dec 31 2019, or we go over 7500 on Stamp in USD (or under 3122) - whichever is sooner?

Edited for clarity.

I will also take that bet, if those terms are accepted by Mr V8.

By the way, Isn't the phrase in the movie "the last of the interceptors" or something like that?
Haven't seen it since the 80s but that's my memory of it. Gonna check the internet for that now.

[Lambie Slayer]

Footage of Baby Bull Market growing stronger.

https://www.youtube.com/watch?v=quWiDiowUi0

[Globb0]

Yeh lets abandon the Bitcoin Network and jump on xrp version 2 lightning network (LN) instead.

I beg your pardon ?

Lightning IS Bitcoin.

Right and Elephant IS a Car

Bitcoin network is bitcoin network
Lighting network is lightning network

claiming otherwise is a dishonest shill.

A Bitcoiner supports Bitcoin network with mining or mining shares.
A shitcoiner supports a shitcoin node whatever his preferred flavor my be, XRP node, LN node, JPM node or what not crap node (cheap crap computer)

LN (in)directly supports JPMCoin, XRP..... with atomic swap any crap is instantly interchangeable

Crappy worthless nodes Version 1, XRP erks me like...,  no difference with version 3, LN or version 4, JPM

Are you crazy? Is that your problem?

Didn't you know?
When you use TCP, you're no longer using over IP, and is in fact something completely different.
Also, IP is amazing and TCP is a shit protocol.

I am confused.

You don't use TCP over IP? Irony maybe?

[El duderino_]

I don't think Mic actually meant it - it was more like a joke.

Confirmed.

Double confirmed that tasteless Joke

But indeed crazy prediction

Of course you were joking. You should still give it a try though... 

My predictions are always wrong as super short term, short term, medium term, medium longer term.....
Though i’m only looking for my LONG term belief/prediction of what corn’s gonna achieve
I do make prediction games sometimes, but always fail with predictions of my own

[El duderino_]

Footage of Baby Bull Market growing stronger.

https://www.youtube.com/watch?v=quWiDiowUi0

@this point its just market.... put bull in front when the bearish types of this thread are convinced

What kind of bottle Will I pop when majormax says BULLmarket confirmed