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

[ChartBuddy]

Coin
Explanation

[ssmc2]

I can't wait for IBM's Bitcoin killer. Bullish!

Isn't this only for blockchain technology? I tought it wasn't related to currency.

They recently did a proof of concept for Internet of Things devices: https://youtu.be/U1XOPIqyP7A

What I don't get: How will be their "blockchain" secured? (without decentralised miners)

by the same way that facebook is secured without decentralized miners and things?

But then, man, it has nothing, NOTHING, to do with Bitcoin, and then, man, it's centralized!
(But they say it's decentralized!)  
EDIT: And they say it's blockchain from Bitcoin and ethereum, it just makes no sense!

Well Blockstream has Rusty Russell from IBM on board, so maybe they're working on a behind the scenes-sidechain concept.  

[D05GTO]

From early April to the end of May, the going rate for a bitcoin rose from 86 cents to $8.89.    That was in 2011.  Usually get some nice pumps this time of year.. Just saying.  Bitcoin just keeps playing the same tune over and over.  People still refuse to catch on. LOL

[Erdogan]

From early April to the end of May, the going rate for a bitcoin rose from 86 cents to $8.89.    That was in 2011.  Usually get some nice pumps this time of year.. Just saying.  Bitcoin just keeps playing the same tune over and over.  People still refuse to catch on. LOL

Like rings in water, while holders (the real bitcoiners) expand, the ratio of non-enthusiastic get-rich-quickers to holders are constant.

[JorgeStolfi]

If they have managed to solve the double spending problem without any need of decentralized participants/players (e.g. miners) then Bitcoin would become instantly useless.

That was never a problem: with a trusted centrally managed server network, is trivial to avoid double-spends, it is basic database application. 

The problem that was open for 10-20 years, and that Satoshi hoped to solve with the bitcoin protocol, was avoiding double-spends without a trusted centrally managed network.  That is why bitcoin has miners, proof-of-work, and mining rewards.

[tarmi]

Usually get some nice pumps this time of year.. Just saying.  

[Fatman3001]

I want $2300 coins! No more of this weak cheap nonsense!

[bassclef]

Getting an urge to go leverage long with my 50 btc play stash. Must. Not. Give. In.

I think there's a bit more downside (sorry guys). Technically things aren't looking great unless you can call this low volume chopping around a bottom--I can't. 3d macd solidly in the red. Daily chart bear flag in the works looking a bit foreboding. Whales seem intent on getting a panic shakeout near 200s or lower. Save your longs until then when everyone's freaking out.

[ChartBuddy]

Coin
Explanation

[Tabata11]

Coin
Explanation

is that coinbase on the far right?
holy shit that walllll

[coinableS]

Coin
Explanation

is that coinbase on the far right?
holy shit that walllll

Yea it came out of nowhere yesterday.

[JayJuanGee]

Coin
Explanation

is that coinbase on the far right?
holy shit that walllll

Yea it came out of nowhere yesterday.

More than three months of BTC price floating in the $200s.... stable?

[D05GTO]

Yep, that is a greater than 1 million dollar buy wall sitting on Coinbase since Friday.   Someone would have to sell over 7k BTC to see $220 flat.  

[JimboToronto]

Good morning Bitcoinland.

Not surprisingly, we're still going sideways in the $220s.

Volume remains excruciatingly low and the only real wall is that absurdity on Coinbase, which seems to be waiting to be eaten by arb-bots.

Monday should be fun.
_____

Just to add my 2 satoshis to the post-deletion dialog, I had a couple deleted myself, including the 3 word message "Thank you Adam" that I posted when I thought he'd just cleaned up some troll spam.

I guess it wasn't him after all.

[ChartBuddy]

Coin
Explanation

[inca]

Yep, that is a greater than 1 million dollar buy wall sitting on Coinbase since Friday.   Someone would have to sell over 7k BTC to see $220 flat.  

Ten more of those walls on there and good luck getting the other exchanges to budge lower.

[soullyG]

BAM! AND MY POST IS GONE  

You have just been sent a personal message by Bitcoin Forum on Bitcoin Forum.

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Hi Mr Mod! Will this message be deleted too?

Some volume appearing on Finex..

(Let's see if this gets deleted lol)

[noobtrader]

BAM! AND MY POST IS GONE  

You have just been sent a personal message by Bitcoin Forum on Bitcoin Forum.

IMPORTANT: Remember, this is just a notification. Please do not reply to this email.

The message they sent you was:

A reply of yours, quoted below, was deleted by a Bitcoin Forum moderator. Posts are most frequently deleted because they are off-topic, though they can also be deleted for other reasons. In the future, please avoid posting things that need to be deleted.

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Hi Mr Mod! Will this message be deleted too?

Some volume appearing on Finex..

(Let's see if this gets deleted lol)

yes some selling volume on finex, but im waiting for some buying volume... 225 is not a pump, maybe its just a test pump. still hoping that 300 usd price by monday.


 
PS : i only got 1 post deleted so far

[derpinheimer]

With the amount of shorts and longs... Are we not at the point where any movement will result in a squeeze? Aka rocket or retarded rocket?

[ChartBuddy]

Coin
Explanation