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

[billyjoeallen]

Ahahaha, it's a crucial time for everyone.

Every day is crucial for bitcoin during last 6 years. Nothing really new here.

Are we going to get another $10 to $20 downward adjustment in BTC prices before returning to the uptrend?

I have NOT sold, and I am just attempting to figure  out the best point to buy some more.  I already bought a bunch of BTC in the $260 range, so, maybe it would be nice to pick up a few more in the $240s, that is if prices are going to go into the $240s... Further, who wants to buy in the $240s, if they are able to get some coins in the $230s?

We're just above the Fibonacci retracement level of $255.  It will prolly get another test tonight. If it holds, we're going back up. I give it a 55% chance of holding. Keep in mind that we're only talking a maybe twenty dollar rally and then we will resume the plunge to possibly high $230s and then sideways for a month or two. Then up to ~$350 and then back down.

I know there is no way to predict this sort of thing, but this is how I see the price discovery going. So far I have had no surprises.

[solex]

$254.90 on Stamp. The bears are out in force by the looks of it, I'm feeling pretty negative at the moment, still going to HODL as usual obviously, I understand bitcoin is a long term investment but this XT bull shit with Hearn & Gavin is causing the price to tank imo. Weak hands are panicking & getting out

This price dip is nothing compared to the crash that would happen sometime next year when Core Dev allows the 1MB to cripple legitimate user tx throughput.

[ChartBuddy]

Coin
Explanation

[medialab101]

$254.90 on Stamp. The bears are out in force by the looks of it, I'm feeling pretty negative at the moment, still going to HODL as usual obviously, I understand bitcoin is a long term investment but this XT bull shit with Hearn & Gavin is causing the price to tank imo. Weak hands are panicking & getting out

This price dip is nothing compared to the crash that would happen sometime next year when Core Dev allows the 1MB to cripple legitimate user tx throughput.

+1

[Morecoin Freeman]

What's the deal with this blue ribbon?

[gentlemand]

what's the blue thing below explanation in the chartguy's posts?

It's a protest at the censorship going on over on Reddit.

[Morecoin Freeman]

Thank you. I don't like it.

[redsn0w]

... if you want a site with no editorial responsibility you will have to wait for some autonomous ethereum- or sidechain-driven site. There's a limit to how long a company can condone their business being the platform for pedos and racists to promote their activities.

Regardless of whether anyone likes it or not, XT is one of Bitcoin's potential futures.

That's a much more important and valid thing to be discussing than the latest announcement about a vaping shop accepting BTC.

Bitcoin or bitcoin 'futures'? Do you mean the coin or the technology?

[gentlemand]

Bitcoin or bitcoin 'futures'? Do you mean the coin or the technology?

The coin.

If enough people get on board then Bitcoin will become XT even if that causes much strife.

I dunno what the right course is but suppressing its discussion leaves a very odious taste.  

https://en.wikipedia.org/wiki/Streisand_effect

[ChartBuddy]

Coin
Explanation

[Fatman3001]

Bitcoin or bitcoin 'futures'? Do you mean the coin or the technology?

The coin.

If enough people get on board then Bitcoin will become XT even if that causes much strife.

I dunno what the right course is but suppressing its discussion leaves a very odious taste.  

https://en.wikipedia.org/wiki/Streisand_effect

Are you saying that there are pictures of Jeff and Gavin in their underpants?

[redsn0w]

Bitcoin or bitcoin 'futures'? Do you mean the coin or the technology?

The coin.

If enough people get on board then Bitcoin will become XT even if that causes much strife.

I dunno what the right course is but suppressing its discussion leaves a very odious taste. 

https://en.wikipedia.org/wiki/Streisand_effect

But (for first) you have said the blockchain  and then changed to 'coin'. Damn I didn't quote the post...

[gentlemand]

Are you saying that there are pictures of Jeff and Gavin in their underpants?

You get a selection of complimentary burger shots if you download their client.

But (for first) you have said the blockchain  and then changed to 'coin'. Damn I didn't quote the post...

I was gonna say our lovely blockchain but changed it for clarity.

[Richy_T]

i thought its a protest against this whole fork-mess

Nope, I'm actually quite on-board with that, whoever wins. (I have an opinion but maybe I'm wrong).

[Erdogan]

i thought its a protest against this whole fork-mess

Nope, I'm actually quite on-board with that, whoever wins. (I have an opinion but maybe I'm wrong).

The white knight already won!

[ChartBuddy]

Coin
Explanation

[JorgeStolfi]

The mods at /r/bitcoin are now deleting every post that mentions the existence of the "other" implementation of bitcoin, whatever the contents.  Dozens of posts that had hundreds of upvotes and hundreds of comments.  And banning users who defend it, too.

So much for the great age of freedom and stuff that bitcoin was going to bring.

Oh, and the bitcoin "news" webshites, like CoinDesk, have been as silent on the topic as any statist newsmedia would be.

[Erdogan]

The mods at /r/bitcoin are now deleting every post that mentions the existence of the "other" implementation of bitcoin, whatever the contents.  Dozens of posts that had hundreds of upvotes and hundreds of comments.  And banning users who defend it, too.

So much for the great age of freedom and stuff that bitcoin was going to bring.

Oh, and the bitcoin "news" webshites, like CoinDesk, have been as silent on the topic as any statist newsmedia would be.

Haha, I thought you were the statist! The world turns, certainly.

[natewelt]

The mods at /r/bitcoin are now deleting every post that mentions the existence of the "other" implementation of bitcoin, whatever the contents.  Dozens of posts that had hundreds of upvotes and hundreds of comments.  And banning users who defend it, too.

So much for the great age of freedom and stuff that bitcoin was going to bring.

Oh, and the bitcoin "news" webshites, like CoinDesk, have been as silent on the topic as any statist newsmedia would be.

This makes me think that it is very possible that a lot of these individuals are selling their BTC out of frustration and being fed up with being silenced.

[solex]

The mods at /r/bitcoin are now deleting every post that mentions the existence of the "other" implementation of bitcoin, whatever the contents.  Dozens of posts that had hundreds of upvotes and hundreds of comments.  And banning users who defend it, too.

So much for the great age of freedom and stuff that bitcoin was going to bring.

Oh, and the bitcoin "news" webshites, like CoinDesk, have been as silent on the topic as any statist newsmedia would be.

This makes me think that it is very possible that a lot of these individuals are selling their BTC out of frustration and being fed up with being silenced.

Yeah. CoinDesk is just like any one-party political paper seen in 3rd world countries, by maintaining silence on a Bitcoin story far more important than their usual offerings.