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

[tarmi]

No, you obviously aren't too familiar with the situation. Once the proposal was rejected and Gavin announced the fork, Maxwell repelled saying that he would probably sell most of his stash and move onto something else. This isn't really related to trading nor a potential price decrease after the fork, thus not common sense.

so would mircea and many other early adopters do. so yes, among other things, it is a question related to price.

Gmax said he would sell sell sell??! cant believe i missed it.. would you have a link??

Why make this public in the first place? To frighten others? To harden his position? LMAO

I personally hope many early adopters fold their bitcoins (out of ideology) - this will be remembered as the best moment in bitcoin history to buy. And it will be a great favor to bitcoin because it will provide better distribution to a wide audience.

where and from who are you going to buy them, and most importantly...what? gavcoin or the old bitcoin.

because if your dealer/exchange refuses to update his node, well...

[hdbuck]

No, you obviously aren't too familiar with the situation. Once the proposal was rejected and Gavin announced the fork, Maxwell repelled saying that he would probably sell most of his stash and move onto something else. This isn't really related to trading nor a potential price decrease after the fork, thus not common sense.

so would mircea and many other early adopters do. so yes, among other things, it is a question related to price.

Gmax said he would sell sell sell??! cant believe i missed it.. would you have a link??

Why make this public in the first place? To frighten others? To harden his position? LMAO

I personally hope many early adopters fold their bitcoins (out of ideology) - this will be remembered as the best moment in bitcoin history to buy. And it will be a great favor to bitcoin because it will provide better distribution to a wide audience.

yes, but the question remains. where and from who are you going to buy them, and most importantly...what? gavcoin or the old bitcoin.

because if your dealer/exchange refuses to update his node, well...

err, it sucks im no dev, but creating a platform to exchange both coinz a la bitcoinbuilder for goxcoinz would be easy money.

[Fatman3001]

The problem with tarmi-fud is that his fud is so bleeding obvious that it can lead to fear, uncertainty and even doubt.

[ChartBuddy]

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[inca]

The problem with tarmi-fud is that his fud is so bleeding obvious that it can lead to fear, uncertainty and even doubt.

I would disagree. Obvious BS in the face of a rising price incites nothing but ridicule.

He hasn't revealed any trades in a long time for some reason

[Fatman3001]

The problem with tarmi-fud is that his fud is so bleeding obvious that it can lead to fear, uncertainty and even doubt.

I would disagree. Obvious BS in the face of a rising price incites nothing but ridicule.

He hasn't revealed any trades in a long time for some reason

IDK, to me it almost looks honest.

[ChartBuddy]

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[cogabonito]

Some bears try too hard to decrease price. Even fork happens price won't effect dramatically on both sides.

[LFC_Bitcoin]

Still going kind of sideways today I see, at least we're not going down. Are we going to have a fairly sustained period of going sideways in the 240's now? Similar happened a while back with the 220's & 230's. I miss the excitement of the volatility we used to have. A more settled price range is obviously good for BTC being taken seriously by people that matter but it's no fun at the moment is it? Bring back the 20-30% daily price swings (preferably upwards ).

[ChartBuddy]

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[Lauda]

No, you obviously aren't too familiar with the situation. Once the proposal was rejected and Gavin announced the fork, Maxwell repelled saying that he would probably sell most of his stash and move onto something else. This isn't really related to trading nor a potential price decrease after the fork, thus not common sense.

so would mircea and many other early adopters do. so yes, among other things, it is a question related to price.

No it is not. It is related to authority problems and their own issues with Gavin. Just because they don't agree with something, doesn't mean that it is wrong. They can sell everything into my pocket.
I'm accepting an unlimited supply of Bitcoin at a exchange rate of 1BTC = $2. Whoever thinks that Bitcoin is going to crash, or go to zero has a way out with me. 

Gmax said he would sell sell sell??! cant believe i missed it.. would you have a link??

Well you've missed out on a lot of things then. I can't really find the link right now as some time has already passed.
It was on reddit and was related to the XT fork.

[Omikifuse]

Some bears try too hard to decrease price. Even fork happens price won't effect dramatically on both sides.

Rumors about the fork, you mean.

I doubt that anything concrete would have no effect on prices

[ChartBuddy]

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[alesx.onfire]

will we stay @240~~ for a long term?

[Fakhoury]

will we stay @240~~ for a long term?

I think so.

[Fatman3001]

will we stay @240~~ for a long term?

Nope. We'll be moving up a bit soon. Depending on which line on chart we'll cross we might get a $20 boost, say $250 to $270.

Bear in mind: I have been wrong every friggin time.
But this time feels different. It feels differenter, and that's what we're looking for.

[Omikifuse]

will we stay @240~~ for a long term?

In the same sense that some people said that we would stay in 220's for a long time, and now we are above 240 with no sign of fall

[JorgeStolfi]

No, you obviously aren't too familiar with the situation. Once the proposal was rejected and Gavin announced the fork, Maxwell repelled saying that he would probably sell most of his stash and move onto something else. This isn't really related to trading nor a potential price decrease after the fork, thus not common sense.

So would mircea and many other early adopters do. so yes, among other things, it is a question related to price.

Those threats sound like the kid who threatens to hold up his breath until he dies unless mom lets him watch late night TV.

The fork to increase the block size would have been a non-event if the Blockstream guys did not make such a fuss about it.  

It is like they promised their investors that the blocks would fill up next year, or something...

[tomothy]

No, you obviously aren't too familiar with the situation. Once the proposal was rejected and Gavin announced the fork, Maxwell repelled saying that he would probably sell most of his stash and move onto something else. This isn't really related to trading nor a potential price decrease after the fork, thus not common sense.

So would mircea and many other early adopters do. so yes, among other things, it is a question related to price.

Those threats sound like the kid who threatens to hold up his breath until he dies unless mom lets him watch late night TV.

The fork to increase the block size would have been a non-event if the Blockstream guys did not make such a fuss about it.  

It is like they promised their investors that the blocks would fill up next year, or something...

Are you suggesting this whole block-size debacle was in part due to self-interest? [Viacoin!?] Would it be more apt to describe it as, 'corporate' interest? Does blockstream really have a conflict of interest? Isn't everyone just painting the Blockstream group in bad light?  

Although we have had some input by various mining entities that expressed their desire to have no more than 8mb blocks, it seems like there are other parties who have been notably silent during this whole block size dramastorm. Specifically, those parties who have been investing significant amounts of financing into the bitcoin space. I.e., the '2.0' space. Coinbase, Circle, Gemini, 21', etc etc. I think for the big players, the longer bitcoin is seen as 'unsuccessful' the stronger their ultimate products and success will be.

I mean hypothetically, say bitcoin does fork. now you have chain A and Chain B. If the exchanges go to Chain A or stay on Chain a, regardless of the incentive of block finding, wouldn't miners gravitate towards Chain A, simply because there is an exchange that would handle the product? I think the greater issue would be if you have 2-3 exchanges on Chain A and 2-3 exchanges on Chain B. That could turn into mud quickly. Alts?

Alternatively, for large financial institutions, isn't there a hidden incentive for blocks to fill up; this would allow it ultimately to 'be' a tool of elites, i mean bitcoin. I'm just thinking of bitcoin like NYC property in the 70's and 80's even California for that matter. Supply is limited, it serves a purpose, and there is a need. Accumulate, figure out plan for world domination later. /end rant.

[ChartBuddy]

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