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

[JayJuanGee]

[edited out]

I wouldn't suggest going 100X or even 5X in any direction, lol.

Well that's reasonable.  I think?   

[Majormax]

You guys think we will ever see BCash @$4k again within any bullrun? I feel like I lost a fortune by not selling @4k and kept that scam hodling.

You will not find anyone here who thinks that BCH will ever be $4k again ..even if BTC attains even the wildest predictions.

The trend BTC/BCH is very clearly lower.

[Theoak*]

You guys think we will ever see BCash @$4k again within any bullrun? I feel like I lost a fortune by not selling @4k and kept that scam hodling.

Yes, we can
https://www.coindesk.com/coinlabs-mt-gox-claim-may-hold-up-payouts-for-another-2-years
"Coinlab’s claim"
Bitcoin gold is also a fork of Bitcoin but ....

The fuck does that have to do with Bcash going to 4k?

Also, the stupid ass Gox related article is from April 6.. 

what a diptwat, struggling to spread old FUD as if it were new.

I know you have suggested altcoins will have one last pump in the next bull run, do you include BCH in your assessment? If in fact they do have one last pump, are you of the view they will all surpass their previous ATH?

[Last of the V8s]

Bit of profit-taking on a good week. Then more long.

[Dakustaking76]

Lol someone is doing his best that BTC doesnt go over yearly high
 

We will break it Anytime

[Last of the V8s]

https://www.cbsnews.com/news/bitcoins-wild-ride-60-minutes-2019-05-19/
13 minutes. plus transcript for eddie
but quel dull

[JayJuanGee]

Congrats... 3 or 4 obvious trolls / alt accounts of roach and... you, the only one being serious here and meaning what he says. I guess that makes you the village idiot.

I disagree about those new accounts being roach alts. It's probably just emulation.
I do agree about the village idiot bit, though.

While I disagree with roach in regards to bitcoin being a scam, I do enjoy alternate perspectives. How can you learn anything by simply ignoring someone you don’t agree with? Sounds like a fair few liberals in here who get triggered.

I do agree with roachs view on women and I worry for microgoosens future with a woman who has had such a promiscuous past.

If you had not noticed, you are new to this thread... as far as your (2) post count is concerned.

Maybe you could at least build some on-topic credibility before chiming in about off-topic irrelevant bullshit?

You seemed to have heard about this lil thingie-ma-jiggie called bitcoin, and maybe you lose additional credibility if you believe that roach has any insight into bitcoin... especially since he seems to be  no coiner since about $700  -evn though from time to time he also tries to hang with the gang, by making some retroactive assertions that he had owned some bitcoins at prices above $700, which is also highly doubtful.

Regarding bitcoin being a scam, I might be afraid to ask about your likely ill-informed thoughts about that?   Are you getting bitcoin mixed up with shitcoins?  Do you realize that there is a difference?  Do you actually understand what bitcoin is? Or are you as wilfully ignorant about bitcoin as the roach that you want to defend seems to be?

 See BTC's current price movement, as I type, seems to be surpassing $8,200  - bullish?  No?    You think that it is a bulltrap?   

If you are coming out swinging about defending roach and spouting out other irrelevances, I really doubt that you have anything meaningful to say about bitcoin, but surely if you can back up what you say, I am more than willing to be proven wrong.  I am willing to give troll/shills at least one chance to recoup from their bad first impressions, which is your current tentative category.

You Sir, are by far my favourite contributor in this thread and have been for quite some time. We both command the same beliefs in btc both present and  future. I also commend you on your 20-30% retracement call which you predicted, however brief it might have been.

Hahahha

Flattery will get you somewhere.   

Personally, I deny calling any bitcoin price matter with any kinds of precision, except (like a broken record) making several assertions that 30% or more price corrections frequently happen in bitcoin, and at unexpected times... yet we should know that we should be bracing ourselves for such 30% plus price correction, especially when we had experienced a decent amount of UP without any meaningful correction -   since before our April 1, shooting above $4200.

No HODLer (including myself) really should be welcoming downward BTC price corrections, but I certainly find some pleasure when corrections quickly rebound, and since I attempt to structure my BTC buy orders for such seeming inevitabilities, this time around, I had about 13 buy orders fill between $7,400 and $6,200 - which I appreciate what seems to cause me BTC profits... stacking of sats.... and maybe some stacking takes place on both ends (dollars and btc) when buy/sell orders are structured as a kind of volatility insurance?

[Last of the V8s]

83% of senior executives say their enterprises are seeing compelling use cases for blockchain today.
53% of senior executives say blockchain has become a critical priority for their organization this year, 10% higher than last year.

83% of senior executives don't read this thread.
Or didn't read this one:

It's a meaningless fad.

Agreed. I've heard very few worthwhile use-cases for "blockchain tech". When companies say "blockchain", they usually mean "broadcast everything to everyone and expect them to store it", which doesn't scale and isn't a new concept anyway. The real application of blockchains - decentralized timestamping - can be very useful, but it's not a holy grail.

It reminds me of this (replace "cloud" with "blockchain"): https://www.youtube.com/watch?v=9ntPxdWAWq8

[yefi]

You will not find anyone here who thinks that BCH will ever be $4k again ..even if BTC attains even the wildest predictions.

The trend BTC/BCH is very clearly lower.

It still has the support of Bitmain and another BTC bubble would presumably provide them a war chest with which to pump it. I mean, they're a million deep in that shit, so I'd certainly not rule it out.

[Toxic2040]

weekly wall report

I am pleased to report the Bears are crushed sir. Mop up operations continue as units are redeployed and fresh reserves are brought in to bolster the front lines. Carry on.

Maybe we just up and head over this cloud as well. #dyor

#buythedip

#stronghands

re:weekly wall report

I am happy to report Operation TwinkleToe was a complete success gentlemen.

Everything is proceeding according to plan. Phase II will begin shortly. That is all.

#dyor

W


W

#stronghands'19


---------

1h

[HairyMaclairy]

It wouldn't be just TA. Getting above 10k anytime soon would bring a fresh round of bullish news stories and newbies fomoing.

If it’s not drawn in crayon it doesn’t count

[HairyMaclairy]

You will not find anyone here who thinks that BCH will ever be $4k again ..even if BTC attains even the wildest predictions.

The trend BTC/BCH is very clearly lower.

It still has the support of Bitmain and another BTC bubble would presumably provide them a war chest with which to pump it. I mean, they're a million deep in that shit, so I'd certainly not rule it out.

No.  Bitmain has abandoned Bcash. Jihan is now bagholder extraordinaire

[JayJuanGee]

You guys think we will ever see BCash @$4k again within any bullrun? I feel like I lost a fortune by not selling @4k and kept that scam hodling.

Yes, we can
https://www.coindesk.com/coinlabs-mt-gox-claim-may-hold-up-payouts-for-another-2-years
"Coinlab’s claim"
Bitcoin gold is also a fork of Bitcoin but ....

The fuck does that have to do with Bcash going to 4k?

Also, the stupid ass Gox related article is from April 6.. 

what a diptwat, struggling to spread old FUD as if it were new.

I know you have suggested altcoins will have one last pump in the next bull run, do you include BCH in your assessment? If in fact they do have one last pump, are you of the view they will all surpass their previous ATH?

I don't really like to talk about alt coins, nor to waste my brain power on sorting through what causes some of them to be able to pump, whether it is marketing or momentum, but part of my presumptions that various altcoins will pump along with bitcoin for at least one more time around is because so far, they do not really seem to have been killed off.  If the bitcoin bear market would have persisted below $3,122 and even had reached into the lower $2,xxxs - as well as dragging out a kind of stagnation for another year or two (prior to our April 1 pump), then that kind of overall negativism in the bitcoin space would have likely also caused some lethal suffering to alt coins, but that did not happen.. so in my thinking the various altcoins and their dumb - scammy - vaporware ideas have not really been killed, so you cannot really stop people from being mislead into believing that altcoins (could) have more profit potential than bitcoin.

I have no real ideas which of the altcoins are NOT going to screw themselves over and continue to be able deceive people into thinking that they have some kind of value that is comparable to bitcoin's value....

So I really have few clues about which alts are coming along for our next BTC ride - even ETH has gained some mindshare and developer share and infrastructure that causes it to continue to be able to be pumped beyond belief, so who would have thought that continued growth from such crap of 14 year olds was feasible or reasonable given the extent of their messy terabyte blocks and various other messy aspects.

My point is that I can see a bunch of money still going into various altcoin space, while I remain puzzled about which ones will pump.. whether already existing ones, new ones or just some kinds of rotating of ones that already exist but might show greater fame from time to time than others.

I guess that I remain conservative too because even though several of the bcash forks seem quit dead whether ABC or SV, there low market cap could cause them to be pumped at various times and maybe make some traction.

[Last of the V8s]

[d_eddie]

https://www.cbsnews.com/news/bitcoins-wild-ride-60-minutes-2019-05-19/
13 minutes. plus transcript for eddie
but quel dull

If that eddie is me, thank you! I do like transcripts much more than video or audio blahblah*.

Bit of profit-taking on a good week. Then more long.

I couldn't resist, either. As soon as my head cooled off after going flat, I placed a limit long under 8k, and it executed. So now I have a tiny long in the green. Stop limit will salvage a few satoshis if the worst happens.

* Except for the video of RV losing his temper and giving the finger to John Carvalho for calling bcash "bcash".

[toknormal]

I don't really like to talk about alt coins, nor to waste my brain power on sorting through what causes some of them to be able to pump, whether it is marketing or momentum, but part of my presumptions that various altcoins will pump along with bitcoin for at least one more time around is because so far, they do not really seem to have been killed off.

There's no rocket science to that.

Digital assets are not a natural monopoly, that's all. "Maximalists" say they are. Markets say they're not because markets like diversity and crypto-assets are neither technical standards nor world currencies. They're just a digital commodity used for parking temporarily idle capital.

Moreover, Bitcoin - though it will remain the most valuable long term crypto reserve - NEEDS a healthy alt-coin market to survive and grow. I won't go into this again here as arguments already well rehearsed, but suffice to say the nonsense about altcoins being "wiped out" is ridiculous and always has been.

[HairyMaclairy]

Metcalfe’s Law.  A shitcoin with zero users has a value of zero.

https://en.m.wikipedia.org/wiki/Metcalfe%27s_law

You still haven’t come up with a single alt with actual real world users.  

[toknormal]

Metcalfe’s Law.  A shitcoin with zero users has a value of zero.

https://en.m.wikipedia.org/wiki/Metcalfe%27s_law

Well that makes bitcoin worthless too from many perspectives.

bitcoin is more like an industrial standard like usb or internet.

Hmm. Maybe more like a standard for brush heads.

We're 10 years in and there are now 4 million blockchain transactions occurring each day, only about 0.3 Million (6%) of which are on the bitcoin network.

The thing about all these useless commentaries is that they're aways made by bagholders. If you read the mainstream press through the years you'll see exactly the same claims made about bitcoin as "maximalists" now make about alt coins. Then later you hear them trumpetting the opposite view - once they're "in".

The number of empty theories I've heard about this or that going to zero/moon, wiping stuff out or being scams has just developed into a low buzzing drone, there's so many of them. The fact is that altcoins are here to stay. There is no "Metcalfe’s Law" craperry cherry picked theories that will deny markets their diversity I'm afraid.

[gembitz]

http://boards.4channel.org/biz/thread/13616424/paul-solotshi-calder-le-roux-the-real-satoshi

 

weeeee

[HairyMaclairy]

Bitcoin is a store of value. Everyone on this thread is actively doing just that (trolls excluded) .  We are a thriving community and only one tiny corner of the Bitcoin ecosystem (even if I would like to think we are near the centre).   Many of us have significant amounts of value tied up in Bitcoin.  

You keep avoiding the ‘no real life users’ of alts problem.