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

[kurious]

I am coming out, I am gay nazi and my synagogue are banning me from entry.

Man you are really funny.

Don't quote him, a lot of people here have this scumbag's hate speak on ignore.

all he wants is to produce an ongoing connection between his racism and hate to this forum. everyone quoting him is helping this fucked up retarded arsehole wanker. i doubt he is genuine.

i personally ALWAYS login before reading anything in here, just to be sure i am not confronted with this fuckers shit who is no 1 on ignore list.

dont feed the fuckers.

Couldn't agree more.  It seems to have emotional issues about anyone with a girlfriend, too.  I would rather I did not have to see the shit that insect types while wanking off over the Daily Stormer, resenting everyone.

[600watt]

altcoin bagholders are getting rekt royally.

reaching 70% dominance. on cmc, which was always rigged in favour of alts. alts get killed despite it is the only thing the majority of shitty exchanges make money with. (check coinbase). i am sure they are trying desperately to keep their business model alive.

since it is not retail investors who are fueling the btc uptrend the last couple of months (check google trends for "buy bitcoin")

it may just be shitcoiners that finally got a clue.

70% may not sound like overwhelming defeat but look at this:


bitcoin: 68.8
ETH: 7.75
XRP: 4.33
Bcash: 1.93
LTC: 1.86
Monero: 0.52

those are the top six. that is total defeat.

[gentlemand]

I know you'll hate me for this but is this the right time to get some shitcoins?

The feeling in my bum is that 2014/15 was the true test of a Bitcoin fan's mettle. At that time it was still conceivable 2013 was a one off and it could dwindle back to obscurity. Everyone still around was half 'it'll come back. It's fine' and half 'what the FUCK have I done to myself?'

I reckon this phase is just beginning for alt fans.

The 95%+ fall sucked botty but wasn't too surprising. What comes now is when the true grotesquery arrives and it craters more than anyone dared imagine.

The truly deranged alt run was set off by the Winklevoss ETF denial. If it had happened Bitcoin would've gone nuts and alts would've plunged. Because it didn't they set off for the stars. In retrospect that alt bubble will look like the true tulip moment crossed with the dotcom bubble.

What's happening now is a growing legitimisation of BTC with little sign of it for alts. It's just happening in much slower motion. There'll always be alt runs but who knows which ones will still be on the radar by then and from how low a price they set off from?

Anyway, do what makes you happy.

[JayJuanGee]

I believe that bitcoin is not really on a calendar year pattern, even though frequently guys try to find some correlation patterns therein.  They are loosely correlated at best, and could even be somewhat random.

maybe, but many random stuff like this helped me to predict btc bottom at 3100/3200 before it happened.

Common sense should tell you as the market cap increases, any type of market cycle would have to lengthen as well, leaving you with no possible correlation to any specific months.  Looking at a log chart, the current rise is also WAY WAY too soon after the last rise to be legitimate.  The Chinese mining monopoly shitters artificially rigged it up from $4k to where it is now in the least aggregate market moves ever seen.  I wonder if they're prepared for the fact that it's not possible for this manipulation to stick.

Maybe I was starting to like you because you seemed to have been agreeing with me, then you went into tin-foil hat landia.

Sure, you are likely correct that marketcap increases in bitcoin is likely going to put some pressures upon bitcoin's pump cycles to increase; however, there is also a kind of syncronization of cycles with halvenings and the likely effects of such halvenings.

Accordingly, rather than your speculation that manipulation is causing the front running of the hypecycle, there remains a plausible alternative explanation that the mere learning about bitcoin and the knowledge about bitcoin (and its cycles) is contributing to some tendencies to attempt to front run the effects of the halvening.

I would not call that manipulation as much is it is likely a free market phenomenon within the free market to attempt to push the price in the direction of least resistance for as long as you can get away with it.  Yeah, technically, that is manipulation, but bitcoin's avenues of getting in and getting out, are also increasing on an ongoing basis, so it becomes harder and harder to actually manipulate in the sense that you are attempting to imply.  Yes, manipulation exists somewhat because bitcoin remains a lot smaller than other markets in which some of the BIGGER players tend to operate, so they are able to successfully move bitcoins price a lot more with the same amount of capital that they might have attempted to move in traditional and BIGGER markets with a lot less movement in the price with that same amount of capital.  So, yeah, even if they are able to move bitcoin's price with less capital, there are also manipulator attempters, in bitcoin, on the opposite side of those manipulation attempts, so they may be successful and they may not.. they might get manipulation cooperation and they might not. 

So, yeah, when the manipulators are on the same page in bitcoin in terms of the price direction that they are pushing, then they are going to experience more success to to move the bitcoin price faster and further and with smaller amounts of capital, but at some point, sides switch and battles ensue regarding which way is the next leg in which the bitcoin price should move.  Seems like we are in one of those phases of bitcoin in the past month or more and a bit of a disagreement about whether BTC's price should go up or down.  Could take a bit longer to work this out, but no fucking way is it a reasonable assertion to suggest this whole bitcoin market is manipulated or able to be manipulated on a longer term scale when the whales who are making the manipulation attempts do not always agree about price direction, sometimes they do agree and the price is allowed to move in a commonly agreed to direction, but also sometimes some of them lose control over being able to stop it from going way passed where they’ll  wanted it to go.

[600watt]

I know you'll hate me for this but is this the right time to get some shitcoins?   Maybe with the 0.5% of the crypto portfolio? It can surely go down a lot more but what if It goes up?  

XMR and LTC looks so cheap. Especially LTC. Shiet it is 0.007. I dumped mine at somewhere around 0.016 or 0.018 Wew! Feelsgood man. I can get back more than double of what I sold now but not sure If i really want them.

There will be a price point, it will become so cheap, some people won't be able to resist, no matter how pointless and shitty these alts are. It is all part of the speculation.

Maybe It is better to wait for the BTC ATH before making that decision and only then invest %1-3 in shitcoins.

*No need to mention: the aim is to get more bitcoins without getting bamboozled by the altcoin hodlers.
** I have that fuckface on ignore and I never ever read the post that quoted him. I advise you to do the same.

wtf you are talking about. shit that goes to zero eventually looks cheap for sure. 

if you invest 1-3% in shitcoins, you might as well send those coins to charity. or cash em out and visit a casino. there you at least have a chance of winning...

[zhekinsp]

I know you'll hate me for this but is this the right time to get some shitcoins?   Maybe with the 0.5% of the crypto portfolio? It can surely go down a lot more but what if It goes up?  

XMR and LTC looks so cheap. Especially LTC. Shiet it is 0.007. I dumped mine at somewhere around 0.016 or 0.018 Wew! Feelsgood man. I can get back more than double of what I sold now but not sure If i really want them.

There will be a price point, it will become so cheap, some people won't be able to resist, no matter how pointless and shitty these alts are. It is all part of the speculation.

Maybe It is better to wait for the BTC ATH before making that decision and only then invest %1-3 in shitcoins.

*No need to mention: the aim is to get more bitcoins without getting bamboozled by the altcoin hodlers.
** I have that fuckface on ignore and I never ever read the post that quoted him. I advise you to do the same.

wtf you are talking about. shit that goes to zero eventually looks cheap for sure. 

if you invest 1-3% in shitcoins, you might as well send those coins to charity. or cash em out and visit a casino. there you at least have a chance of winning...

Or spend those money to your side chicks,surely you will get good experiences.

[mindrust]

Let's be real, altcoin investing can be profitable.

Just no need to be greedy.

[JayJuanGee]

I know you'll hate me for this but is this the right time to get some shitcoins?   Maybe with the 0.5% of the crypto portfolio? It can surely go down a lot more but what if It goes up?  

XMR and LTC looks so cheap. Especially LTC. Shiet it is 0.007. I dumped mine at somewhere around 0.016 or 0.018 Wew! Feelsgood man. I can get back more than double of what I sold now but not sure If i really want them.

There will be a price point, it will become so cheap, some people won't be able to resist, no matter how pointless and shitty these alts are. It is all part of the speculation.

Maybe It is better to wait for the BTC ATH before making that decision and only then invest %1-3 in shitcoins.

*No need to mention: the aim is to get more bitcoins without getting bamboozled by the altcoin hodlers.
** I have that fuckface on ignore and I never ever read the post that quoted him. I advise you to do the same.

I doubt that this is anywhere near the proper place to be discussing relative pump-worthy-ability of various shit coins, even if you have some commonly held goals to acquire more bitcoins.  I understand that you value the opinions of bitcoin maximalists rather than the sea of shitcoin pumpers out there in the broader forum landia, yet nonetheless, it seems to be quite a slippery-slope to be comparing the level of shit or not shit of the various altcoins out there.. even if you seem to be asserting that LTC and Monero are less shitty than some others, such as ETH and bcash.. and even if I kind of agree with that general assertion, its still a BIG ASS slippery slope to go down that road, and encourages shills and trolls in these here parts.

Let's be real, altcoin investing can be profitable.

Just no need to be greedy.

We can be "real" in the sense that you might be able to make more bitcoin by engaging in such gamblings, yet also recognize that shitcoins are off topic here for a reason, and part of the reason is that it is a BIG fucking slippery slope... even if you either think that you could manage such limited off-topicness or you might even have decent and commonly held intentions to other bitcoin maximalists herein.... I think that our intentions to keep this thread out of shitcoin fuckery for as much as possible is a greater good than the possibility that you, or anyone else, might make some money on strategically playing some bullshit coins, even if some of those bullshit coins have some moral, ethical or technical redeeming values or even pumpability.

Edited above: Fixed the quotes that I had screwed up, and clarified some of the readability of the ideas presented therein.   

[600watt]

Let's be real, altcoin investing can be profitable.

Just no need to be greedy.

as long as it is an altcoin WITH an use-case. i dont think they exist.

[JayJuanGee]

altcoin bagholders are getting rekt royally.

reaching 70% dominance. on cmc, which was always rigged in favour of alts. alts get killed despite it is the only thing the majority of shitty exchanges make money with. (check coinbase). i am sure they are trying desperately to keep their business model alive.

since it is not retail investors who are fueling the btc uptrend the last couple of months (check google trends for "buy bitcoin")

it may just be shitcoiners that finally got a clue.

70% may not sound like overwhelming defeat but look at this:


bitcoin: 68.8
ETH: 7.75
XRP: 4.33
Bcash: 1.93
LTC: 1.86
Monero: 0.52

those are the top six. that is total defeat.

Personally, I am not going to write those shitcoins off from pumpening again, even though they are currently in considerable negative territory, relative to bitcoin.

[mindrust]

I want see that fucking eth below %3 dominance. That shitcoin needs to die. Send it back to $9 and I will be happy. It is One of those shitcoins I'll never invest, even for gambling purposes. (The other is bcash)

[Febo]

reaching 70% dominance. on cmc, which was always rigged in favour of alts.

BTC dominance was always over 80% until the BCH split happened. From that moment on. Or better to say a bit before that, was always uncertainty. Not just BCH steal dominance but also ETH, which many considered as BTC version two. But it ended just as a platform to crowdfund founds with illegal securities.  And it seems it lasted for two whole years.

[HairyMaclairy]

reaching 70% dominance. on cmc, which was always rigged in favour of alts.

BTC dominance was always over 80% until the BCH split happened. From that moment on. Or better to say a bit before that, was always uncertainty. Not just BCH steal dominance but also ETH, which many considered as BTC version two. But it ended just as a platform to crowdfund founds with illegal securities.  And it seems it lasted for two whole years.

There was an explosion of ICOs at that time. The BCH fork wasn’t a driver.

[dyask]

via Imgflip Meme Generator

Huh?  So you are trying to say altcoins have all the growth potential and Bitcoin is headed for an early grave? 

[jbreher]

reaching 70% dominance. on cmc, which was always rigged in favour of alts.

BTC dominance was always over 80% until the BCH split happened. From that moment on. Or better to say a bit before that, was always uncertainty. Not just BCH steal dominance but also ETH, which many considered as BTC version two. But it ended just as a platform to crowdfund founds with illegal securities.  And it seems it lasted for two whole years.

There was an explosion of ICOs at that time. The BCH fork wasn’t a driver.

From end of 2017 Feb to mid 2017 Jun, BTC dominance plunged from over 85% to below 40%.
https://coinmarketcap.com/charts/#dominance-percentage

The beginning of 2017 is when blocks started becoming persistently full.
https://bitinfocharts.com/comparison/bitcoin-size.html

The loss of dominance was due neither to BCH nor ICOs. 'Twas the Blockalypse. Or more pecisely, Blockalypse I.

[600watt]

[img]https://i.imgflip.com/37mp7b.jpg[//url][url=https://imgflip.com/memegenerator]via Imgflip Meme Genurl]

Huh?  So you are trying to say altcoins have all the growth potential and Bitcoin is headed for an early grave? 

i am a mountainbiker. bitcoin and shitcoins are NOT on the same bike. eventhough i like the idea of this meme, while btc might as well be on a bike, alts are ants trying to cross a 1 mile wide scotch tape.

[dyask]

Buy bitcoin

The Japanese rendition of the story how a single man defeated an army of digital shitcoin scammers and became the richest man in the world with physical silver:

https://www.youtube.com/watch?v=3rUb5dLO7-I

Well silver has turned out to be a pretty crappy investment.   When adjusted for inflation it is worth less now than its value 50 years ago.   Way less.   Not a hedge at all.   (Silver is about 1/8th the value now as it was in 1979)

[dyask]

[img]https://i.imgflip.com/37mp7b.jpg[//url][url=https://imgflip.com/memegenerator]via Imgflip Meme Genurl]

Huh?  So you are trying to say altcoins have all the growth potential and Bitcoin is headed for an early grave? 

i am a mountainbiker. bitcoin and shitcoins are NOT on the same bike. eventhough i like the idea of this meme, while btc might as well be on a bike, alts are ants trying to cross a 1 mile wide scotch tape.

My point is there is a lot of ways to take that image and many of them aren't positive for Bitcoin.   

[600watt]

reaching 70% dominance. on cmc, which was always rigged in favour of alts.

BTC dominance was always over 80% until the BCH split happened. From that moment on. Or better to say a bit before that, was always uncertainty. Not just BCH steal dominance but also ETH, which many considered as BTC version two. But it ended just as a platform to crowdfund founds with illegal securities.  And it seems it lasted for two whole years.

There was an explosion of ICOs at that time. The BCH fork wasn’t a driver.

From end of 2017 Feb to mid 2017 Jun, BTC dominance plunged from over 85% to below 40%.
https://coinmarketcap.com/charts/#dominance-percentage

The beginning of 2017 is when blocks started becoming persistently full.
https://bitinfocharts.com/comparison/bitcoin-size.html

The loss of dominance was due neither to BCH nor ICOs. 'Twas the Blockalypse. Or more pecisely, Blockalypse I.

why did i know you couldn´t resist to post here... ?   full blocks are ok. fee market is ok. shitcoins are not ok. and bch/bsv... oh dear... i guess they solved the full blocks problem. a blockchain no fucker is using will not have full blocks...

[600watt]

69.9 on CMC


i will empty the other half of this great bottle of rum if we hit 70% tonight.