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

[silverfuture]

The time to start being optimistic in order to manage expectations would be >400$ and even after that I think it will be months before the real rocket train pics start to appear.  

Until then, just buy (with money you can burn without being hurt) and hold in cold storage.

[1713915808]

1713915808

[damiano]

Support and 228-230 is unbreakable

I agree, bitcoin is lookin unbelievably strong today again. The price really looks sustainable..

I think 240 is possible pretty soon

[Rocky X]

I don't buy this Bter hacked shit. It's clearly an inside job.

[YourMother]

Support and 228-230 is unbreakable

Remember, bagholders...

"In the coming months, the USMS is expected to sell 94,336 BTC, worth $17.5m at press time, as it liquidates the remainder of the bitcoins previously held by Ulbricht, who only yesterday admitted to founding Silk Road as an “economic experiment”.

[silverfuture]

It's interesting that the BTER hackers grabbed the BTC but left the altcoins alone. Hmmn..

Nobody wants shitcoins, not even those who want them.

They are just a way to get  bitcoins from people who are looking to go back in time to be an early adopter for the next coin (which won't materialize).

[Fatman3001]

It's interesting that the BTER hackers grabbed the BTC but left the altcoins alone. Hmmn..

Nobody wants shitcoins, not even those who want them.

They are just a way to get  bitcoins from people who are looking to go back in time to be an early adopter for the next coin (which won't materialize).

Anyone who understand economics a bit sees that any rival to Bitcoin has a seriously steep hill to climb. I saw a podcast with Vitalik Buterin where he talked about different technical solutions to adjusting the flow of new coins, but he is blinded by the technology. Any rival to Bitcoin will have to go through the same rollercoaster, except there might be more mature exchanges around by then.

Edit: LTCM thought they had figured it out (with maths, not really tech), that was an epic disaster. A similar kind of "exploit" in one of these more advanced hypotethical altcoins could render it useless. KISS is the safest approach to avoid getting f@$#d.

[Odalv]

The real victim of bitcoin is selling now.

[Fatman3001]

The real victim of bitcoin is selling now.

Imagine telling your grandchildren that you bailed out @234. They will pull the plug.

[silverfuture]

It's interesting that the BTER hackers grabbed the BTC but left the altcoins alone. Hmmn..

Nobody wants shitcoins, not even those who want them.

They are just a way to get  bitcoins from people who are looking to go back in time to be an early adopter for the next coin (which won't materialize).

Anyone who understand economics a bit sees that any rival to Bitcoin has a seriously steep hill to climb. I saw a podcast with Vitalik Buterin where he talked about different technical solutions to adjusting the flow of new coins, but he is blinded by the technology. Any rival to Bitcoin will have to go through the same rollercoaster, except there might be more mature exchanges around by then.

Edit: LTCM thought they had figured it out (with maths, not really tech), that was an epic disaster. A similar kind of "exploit" in one of these more advanced hypotethical altcoins could render it useless.

In order to appreciate bitcoin you need to have an understanding of economics, networks and their effects, and at least a working knowledge of the ins and outs of the code and cryptography.  There are a lot of traders who only know charts or finance, techies who want to build a better coin, or economists who only know Keynesian macro who have opinions seen through those filters. I do think there is room for some alts to have a smaller role in the future but good luck toppling BTC network.

[dewdeded]

silverfuture: you spread fucking FUD, you motherfucking one world order-bitcoiner

you are an disgrace to bitcoin, generally crypto currency and crypto finance as a whole

[Fatman3001]

silverfuture: you spread fucking FUD, you motherfucking one world order-bitcoiner

you are an disgrace to bitcoin, generally crypto currency and crypto finance as a whole

"Monero Evangelist" LOL

Don't type while you're drinking

[fonzie]

silverfuture: you spread fucking FUD, you motherfucking one world order-bitcoiner

you are an disgrace to bitcoin, generally crypto currency and crypto finance as a whole

DOGE FTW

[ChartBuddy]

Coin
Explanation

[silverfuture]

silverfuture: you spread fucking FUD, you motherfucking one world order-bitcoiner

you are an disgrace to bitcoin, generally crypto currency and crypto finance as a whole

Vote with your own money, it's your choice.  

Edit: did you buy your monero with $$$ or with BTC?

[GreekGeek]

nice bid wall @233 on finex

edit:

[damiano]

nice bid wall @233 on finex

It's gone 

[JorgeStolfi]

Includes some interesting discussion about OKcoin.  Apparently, CTO Changpeng Zhao has left?
https://twitter.com/Cpzhao/status/564851267353051137

I thought that I saw someone asking him why on twitter, he replied only "different directions".

[tarmi]

Includes some interesting discussion about OKcoin.  Apparently, CTO Changpeng Zhao has left?
https://twitter.com/Cpzhao/status/564851267353051137

I thought that I saw someone asking him why on twitter, he replied only "different directions".

maybe he wanted to pump doge after all...

[cbeast]

silverfuture: you spread fucking FUD, you motherfucking one world order-bitcoiner

you are an disgrace to bitcoin, generally crypto currency and crypto finance as a whole

Vote with your own money, it's your choice.  

Edit: did you buy your monero with $$$ or with BTC?

Are there any non-BTC exchanges?

[ChartBuddy]

Coin
Explanation