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

[spiderbrain]

so there is a really really thin bid book on stamp...

Yeah, looks terrifying, doesn't it? but it seems to have absorbed a lot volume without going anywhere...

[Elwar]

You know the amount of people who are hearing about Bitcoin for the first time and want to start buying bitcoins care about the block size upgrade debate?

Zero.

Remember all of the debates about BIP 75 implementation? Oh you weren't part of that debate yet you find the need to be involved in a debate about this upgrade? Why is this upgrade something you care about and not the multi-sig upgrade? FUD? Listening to the alt coiners trying to make it look like there's some "great divide" in Bitcoin?

The developers argue about code changes all the time. Let it go already.

I'm not sure who you're addressing, but I'm quite sure the community isn't expecting the WO-thread to save the day.

Will I be able to spend my bitcoin daily before and after the devs and miners work this out?

Yes.

QED

Might as well just transact with ripple.

Sure if it has a limited amount and wasn't pre-mined to death. Were any of the ripples pre-mined?

I prefer using a currency that will gain value over time.

[Fatman3001]

You know the amount of people who are hearing about Bitcoin for the first time and want to start buying bitcoins care about the block size upgrade debate?

Zero.

Remember all of the debates about BIP 75 implementation? Oh you weren't part of that debate yet you find the need to be involved in a debate about this upgrade? Why is this upgrade something you care about and not the multi-sig upgrade? FUD? Listening to the alt coiners trying to make it look like there's some "great divide" in Bitcoin?

The developers argue about code changes all the time. Let it go already.

I'm not sure who you're addressing, but I'm quite sure the community isn't expecting the WO-thread to save the day.

Will I be able to spend my bitcoin daily before and after the devs and miners work this out?

Yes.

QED

Ok, my brain is about to break real soon. Why are you trying to shut the conversation down? Do I have to have a strong opinion about multi-sig to say something about this?

[Elwar]

You know the amount of people who are hearing about Bitcoin for the first time and want to start buying bitcoins care about the block size upgrade debate?

Zero.

Remember all of the debates about BIP 75 implementation? Oh you weren't part of that debate yet you find the need to be involved in a debate about this upgrade? Why is this upgrade something you care about and not the multi-sig upgrade? FUD? Listening to the alt coiners trying to make it look like there's some "great divide" in Bitcoin?

The developers argue about code changes all the time. Let it go already.

I'm not sure who you're addressing, but I'm quite sure the community isn't expecting the WO-thread to save the day.

Will I be able to spend my bitcoin daily before and after the devs and miners work this out?

Yes.

QED

Ok, my brain is about to break real soon. Why are you trying to shut the conversation down? Do I have to have a strong opinion about multi-sig to say something about this?

The block size discussion has been going on for over half a year. Alt coiners keep poking Bitcoin users with the whole thing acting like the upgrade will somehow hurt Bitcoin. Now they're just pointing to discussion of it as a reason why Bitcoin is doomed.

Don't feed the trolls/alt coiners.

[ChartBuddy]

Coin
Explanation

[Fatman3001]

You know the amount of people who are hearing about Bitcoin for the first time and want to start buying bitcoins care about the block size upgrade debate?

Zero.

Remember all of the debates about BIP 75 implementation? Oh you weren't part of that debate yet you find the need to be involved in a debate about this upgrade? Why is this upgrade something you care about and not the multi-sig upgrade? FUD? Listening to the alt coiners trying to make it look like there's some "great divide" in Bitcoin?

The developers argue about code changes all the time. Let it go already.

I'm not sure who you're addressing, but I'm quite sure the community isn't expecting the WO-thread to save the day.

Will I be able to spend my bitcoin daily before and after the devs and miners work this out?

Yes.

QED

Ok, my brain is about to break real soon. Why are you trying to shut the conversation down? Do I have to have a strong opinion about multi-sig to say something about this?

The block size discussion has been going on for over half a year. Alt coiners keep poking Bitcoin users with the whole thing acting like the upgrade will somehow hurt Bitcoin. Now they're just pointing to discussion of it as a reason why Bitcoin is doomed.

Don't feed the trolls/alt coiners.

I see what you're saying. But the launch of the xt upgrade is worth discussing. There will always be shills and idiots out there, but that doesn't mean we have to censore ourselves if there is an issue that engages people.

[LFC_Bitcoin]

You know the amount of people who are hearing about Bitcoin for the first time and want to start buying bitcoins care about the block size upgrade debate?

Zero.

Remember all of the debates about BIP 75 implementation? Oh you weren't part of that debate yet you find the need to be involved in a debate about this upgrade? Why is this upgrade something you care about and not the multi-sig upgrade? FUD? Listening to the alt coiners trying to make it look like there's some "great divide" in Bitcoin?

The developers argue about code changes all the time. Let it go already.

I'm not sure who you're addressing, but I'm quite sure the community isn't expecting the WO-thread to save the day.

Will I be able to spend my bitcoin daily before and after the devs and miners work this out?

Yes.

QED

Ok, my brain is about to break real soon. Why are you trying to shut the conversation down? Do I have to have a strong opinion about multi-sig to say something about this?

The block size discussion has been going on for over half a year. Alt coiners keep poking Bitcoin users with the whole thing acting like the upgrade will somehow hurt Bitcoin. Now they're just pointing to discussion of it as a reason why Bitcoin is doomed.

Don't feed the trolls/alt coiners.

I see what you're saying. But the launch of the xt upgrade is worth discussing. There will always be shills and idiots out there, but that doesn't mean we have to censore ourselves if there is an issue that engages people.

There's no problem discussing it but I find it a problem that there are dozens of threads discussing the same stuff over & over again. It gets a little boring. There should be a sub section on the forum to discuss Bitcoin XT. That way we don't have to wade through the same stuff in every thread. It's getting to a point where XT is taking many threads off topic.

 

[Elwar]

You know the amount of people who are hearing about Bitcoin for the first time and want to start buying bitcoins care about the block size upgrade debate?

Zero.

Remember all of the debates about BIP 75 implementation? Oh you weren't part of that debate yet you find the need to be involved in a debate about this upgrade? Why is this upgrade something you care about and not the multi-sig upgrade? FUD? Listening to the alt coiners trying to make it look like there's some "great divide" in Bitcoin?

The developers argue about code changes all the time. Let it go already.

I'm not sure who you're addressing, but I'm quite sure the community isn't expecting the WO-thread to save the day.

Will I be able to spend my bitcoin daily before and after the devs and miners work this out?

Yes.

QED

Ok, my brain is about to break real soon. Why are you trying to shut the conversation down? Do I have to have a strong opinion about multi-sig to say something about this?

The block size discussion has been going on for over half a year. Alt coiners keep poking Bitcoin users with the whole thing acting like the upgrade will somehow hurt Bitcoin. Now they're just pointing to discussion of it as a reason why Bitcoin is doomed.

Don't feed the trolls/alt coiners.

I see what you're saying. But the launch of the xt upgrade is worth discussing. There will always be shills and idiots out there, but that doesn't mean we have to censore ourselves if there is an issue that engages people.

There's no problem discussing it but I find it a problem that there are dozens of threads discussing the same stuff over & over again. It gets a little boring. There should be a sub section on the forum to discuss Bitcoin XT. That way we don't have to wade through the same stuff in every thread. It's getting to a point where XT is taking many threads off topic.

 

Including the Wall Observer thread. Which is always on topic.

[Torque]

There has been nothing but constant selling since 317. 

But... but...we were told the Greeks would be gobbling up these coins?!?!??   

[dreamspark]

There has been nothing but constant selling since 317. 

But... but...we were told the Greeks would be gobbling up these coins?!?!??   

There's still much room to go down, notice our permabulls have been pretty quiet over the last week.

With the fork shit having no real end in sight and 32 MILLION in longs this could get a lot lot uglier before it gets better.

(Still short from 280, sold off the bits I bought in the 260's for a small loss  at ~ 262)

[Fatman3001]

There has been nothing but constant selling since 317. 

But... but...we were told the Greeks would be gobbling up these coins?!?!??   

Yeah, if Elwar is worried about FUD: are we going to see a rerun of aug\sep 2014?

[ChartBuddy]

Coin
Explanation

[Fatman3001]

Coin
Explanation

"Do you see what I see?"

[Morecoin Freeman]

Bearstamp.

[abercrombie]

is crypto done??  

[Elwar]

There has been nothing but constant selling since 317.  

But... but...we were told the Greeks would be gobbling up these coins?!?!??  

Yeah, if Elwar is worried about FUD: are we going to see a rerun of aug\sep 2014?

Ever since the price held over $240 for more than a week I've been happy that we're out of the bear market. I did not expect the price to rise so quickly so early, my prediction is a price rise to begin in spring of 2016.

Though I do believe the price should be sitting just over $400 right now.

I was a bit hesitant when I had several people buying bitcoins from me at $280 on localbitcoins. But I don't turn away customers so I figured I'd just bite the bullet. That money finally got to the exchange today so I'm glad the price is down.

[Morecoin Freeman]

Masterluc's buy wall at $255.02 is holding strong.

[podyx]

Masterluc's buy wall at $255.02 is holding strong.

Is that masterluc's wall? I think he's making a nice call here if it is.

We might go down to mid 240s but if you look at the charts, they are screaming for a upswing.

[LFC_Bitcoin]

Is this good or bad?

Jon Matonis:

""Bitcoin XT is attempting to fork the core code by propagating it through the existing nodes. I would urge Gavin and Mike Hearn to withdrawal the Bitcoin XT propagation starting today. (If Gavin and Hearn succeed) it will eventually lead to a 21 million cap change."


I think the more coins there are the more money will be put into it so we should go up?Other thoughts?

If the 21 million cap was changed we might aswell forget about bitcoin as soon as it happened.
The price would plummet & I'd actually believe people saying 'double digit coins' for once.

Changing subject - We're down to 253 USD now. Can 250 USD hold?

[Torque]

Is this good or bad?

Jon Matonis:

""Bitcoin XT is attempting to fork the core code by propagating it through the existing nodes. I would urge Gavin and Mike Hearn to withdrawal the Bitcoin XT propagation starting today. (If Gavin and Hearn succeed) it will eventually lead to a 21 million cap change."


I think the more coins there are the more money will be put into it so we should go up?Other thoughts?

The 21M cap is one of the core features.  If the 21M cap ever changes, I will sell all my bitcoin and never look back at cryptocurrency ever again.  I'm willing to bet that > 90% of holders/users would do the same.