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

[mah87]

back to 10$

[Fatman3001]

back to 10$

[ChartBuddy]

Coin
Explanation

[itod]

Can we hurry up and get this to $10k. Thanks.

What's the rush? It would be a disaster if it would go to $10K now, you (and me, and 99% of people on this forum) would never, ever buy a singe BTC again. This way you have a realistic chance to get some more by buying or trading and increase your wealth in the decades to come. I will never understand the shortsightedness of those people cheering for the price to get the BTC out of their reach. Bears are good for me, thank you bears!

[mah87]

bitcoin is overrated and overpriced

[Ezmoneyezlife]

Hey, lemmings, riceeaters command you to place more buy support to dump on you a lil bit later, they're creating wash buying volume for you m8s.

[Fatman3001]

bitcoin is overrated and overpriced

Ripple is overrated and overpriced

[mah87]

bitcoin is overrated and overpriced

Ripple is overrated and overpriced

underrated and underpriced

[Ezmoneyezlife]

you guys really want them crooks spoiling our beautiful technology?

Former SEC Director Admits The Truth: The Market Is Rigged
http://www.zerohedge.com/news/2015-03-10/former-sec-director-admits-truth-market-rigged

True dat. The market is rigged but still we have have to put faith in this rigged market and hope that the people who control the market will sometime makes the price go up so that we can live in peace.

Yep, they will let it go up for real, but only after another incoming rape in this month.

They wont rape anyone this month. The rape will happen in April. The prices will rise a bit till April and will plunge down. Then I predict an upward trend till February 2016.

Youre wrong m8, they will rape market this month before april 7th. Riceeaters follow astrology. First wave of dumpage will happen on friday 13 due to Saturn direction change
https://www.tradingview.com/v/rAwF6Yz6/

Gotta repost it once again, because some bullish fools are still in denial, its never too late to see the truth.

[zcxvbs]

bitcoin is overrated and overpriced

For now though, yes it is, maybe Bitcoin should go under $100 and stabilize the price. But if it goes too low, the miners will become unprofitable and they will leave.

[Fatman3001]

bitcoin is overrated and overpriced

Ripple is overrated and overpriced

underrated and underpriced

If that were true, and we look at 24h volume, BTC should be at $15790 minimum.

[Ezmoneyezlife]

bitcoin is overrated and overpriced

For now though, yes it is, maybe Bitcoin should go under $100 and stabilize the price. But if it goes too low, the miners will become unprofitable and they will leave.

I bet the target is 135$-180$ somewhere there will be a solid bottom for this year and rebound from that level.

[Fatman3001]

bitcoin is overrated and overpriced

For now though, yes it is, maybe Bitcoin should go under $100 and stabilize the price. But if it goes too low, the miners will become unprofitable and they will leave.

Miners will leave well before $100

[Bitcoiner_cph]

bitcoin is overrated and overpriced

For now though, yes it is, maybe Bitcoin should go under $100 and stabilize the price. But if it goes too low, the miners will become unprofitable and they will leave.

Miners will leave well before $100

What happens if the price go under 100 dollar, will miners leave and bitcoin die???

[Spaceman_Spiff]

bitcoin is overrated and overpriced

For now though, yes it is, maybe Bitcoin should go under $100 and stabilize the price. But if it goes too low, the miners will become unprofitable and they will leave.

Miners will leave well before $100

What happens if the price go under 100 dollar, will miners leave and bitcoin die???

Stop thinking in absolutes.  Some miners will leave, mining difficulty will drop and the remaining miners will become profitable again...

[Mervyn_Pumpkinhead]

bitcoin is overrated and overpriced

For now though, yes it is, maybe Bitcoin should go under $100 and stabilize the price. But if it goes too low, the miners will become unprofitable and they will leave.

Miners will leave well before $100

The miners are not needed anyway, since most mining runs through only a few pools. The security the network is only supported by the security of the biggest pools. If the biggest pools, that make up at least 51% together, are compromised, then the integrity of the network is also compromised. And it doesn't matter how much hashrate is backing those pools.

Pure PoW mining is highly flawed. Miners are siphoning wealth out of the market, while contributing nothing significant.

[Spaceman_Spiff]

bitcoin is overrated and overpriced

For now though, yes it is, maybe Bitcoin should go under $100 and stabilize the price. But if it goes too low, the miners will become unprofitable and they will leave.

Miners will leave well before $100

The miners are not needed anyway, since most mining runs through only a few pools. The security the network is only supported by the security of the biggest pools. If the biggest pools, that make up at least 51% together, are compromised, then the integrity of the network is also compromised. And it doesn't matter how much hashrate is backing those pools.

*faceplant*
And of course miners can't switch mining pools   .
EDIT: And whether it cost a billion or a few dollars to create your own mining farm that controls >50 percent of the network doesn't matter at all...

[Ezmoneyezlife]

Its always so funny to watch how easily greedy pigs are being manipulated with chinese wash volume, same shit over and over again and fools still buy into rigged bulltraps.

[12345mm]

i've got the joy joy joy joy down in my heart ! where ? down in my heart ! where ? down in my heart ! i've got the joy joy joy joy down in my heart ! toooo staaaay !

[Fatman3001]

bitcoin is overrated and overpriced

For now though, yes it is, maybe Bitcoin should go under $100 and stabilize the price. But if it goes too low, the miners will become unprofitable and they will leave.

Miners will leave well before $100

What happens if the price go under 100 dollar, will miners leave and bitcoin die???

Stop thinking in absolutes.  Some miners will leave, mining difficulty will drop and the remaining miners will become profitable again...

A lot of miners are stretched pretty thin as it is. If it drops below $100 dollars a huge part of the network will probably turn everything off within a short time frame. Electricity cost is not all they have to worry about. Capital costs, rent and salary makes this piece of math more difficult. And if it's timed wrong this could result in a month or more of really slow transfer speeds with 20-30min on average between blocks, and several hours in individual cases. Bitcoin will muddle through, but if that happens the price will probably drop further. Ie. there are no "cheap coinz" in the $60-140 range.