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

[TReano]

Looks like it doesn't really want to bounce.

expect further drop if we can't hold the level between 2650-2600CNY.

If we make new Lows around 2200CNY the bulltrend should be dead. But I would still expect a dead cat bounce around that area.


Daily Candle about to turn red again on top.

[hdbuck]

[JayJuanGee]

Looks like it doesn't really want to bounce.

expect further drop if we can't hold the level between 2650-2600CNY.

If we make new Lows around 2200CNY the bulltrend should be dead. But I would still expect a dead cat bounce around that area.


Daily Candle about to turn red again on top.

In essence, your prediction seems quite premature, and let's speak a little English here and get away from implied suggestions that the chinese control the price direction of the btc market or how we consider the matter in this thread.

First of all, before we even get to those $380 or $350 or $320 price levels that you suggest, we need another test of $400, which we haven't quite had yet.

I do get a sense that we will get a test of $400 over the remainder of the weekend... but $390 or $380?   hm?


I have some fiat available in case we go to those levels, but sometimes we need a bit of time to see how things are going to play out, and getting back down to $320 to end the bull trend seems quite a bit of a stretch at the moment and absent some good FUD 

[ChartBuddy]

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Explanation

[ChartBuddy]

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[ChartBuddy]

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Explanation

[BldSwtTrs]

Keep faith bitcoiners. Coinbase is actually making something happens regarding the endless scaling controversy.

The power of totalitarian and economics illeterate nerds over Bitcoin is coming to an end ("but... but we have a roadmap" lol).

[AlexGR]

Bitcoin Difficulty:   93,448,670,796
Estimated Next Difficulty:   105,042,722,011 (+12.41%)
Adjust time:   After 570 Blocks, About 3.5 days
Hashrate(?):   846,369,830 GH/s

[ImI]

Keep faith bitcoiners. Coinbase is actually making something happens regarding the endless scaling controversy.

The power of totalitarian and economics illeterate nerds over Bitcoin is coming to an end ("but... but we have a roadmap" lol).

yes, maybe its the right step, nevertheless......... lol coinbase

[hdbuck]

Keep faith bitcoiners. Coinbase is actually making something happens regarding the endless scaling controversy.

The power of totalitarian and economics illeterate nerds over Bitcoin is coming to an end ("but... but we have a roadmap" lol).

yes, maybe its the right step, nevertheless......... lol coinbase

corporatist cheerleaders gettin all wet and sassy before their overlord Brian Armstrong and Fred Ehrsam from Goldman Sachs to ph0rk bitcoin and (hopefully) put an end to his useless cash burning regulated service.


edit: go for it kids!

[JayJuanGee]

Keep faith bitcoiners. Coinbase is actually making something happens regarding the endless scaling controversy.

The power of totalitarian and economics illeterate nerds over Bitcoin is coming to an end ("but... but we have a roadmap" lol).

yes, maybe its the right step, nevertheless......... lol coinbase

Sure, Coinbase is a 420 pound gorilla chiming into the debate, but Coinbase's action is nowhere near to resolving any of the blocksize controversy because we are likely continue to witness back and forth on the topic for quite some time to come, as some already mentioned regarding Coinbase's action seeming to rekindle a previously simmering down controversy rather than helping to keep things simmered down.

Surely it is difficult to argue that Coinbase is working to destroy bitcoin because over the past couple of years, they have become a real contending power force in the bitcoin space with the expansion and degree of their various "innovations" - love them or not.   

[Cconvert2G36]

Keep faith bitcoiners. Coinbase is actually making something happens regarding the endless scaling controversy.

The power of totalitarian and economics illeterate nerds over Bitcoin is coming to an end ("but... but we have a roadmap" lol).

yes, maybe its the right step, nevertheless......... lol coinbase

corporatist cheerleaders gettin all wet and sassy before their overlord brian armstrong from goldman sachs to ph0rk bitcoin and (hopefully) put an end to his useless cash burning regulated service.

bitpay you are next!

Hi Grover Dill,

Are you going to end up a ph0rk of a ph0rk when Blockstream removes signatures from blocks?

Kind Regards,

[BldSwtTrs]

Keep faith bitcoiners. Coinbase is actually making something happens regarding the endless scaling controversy.

The power of totalitarian and economics illeterate nerds over Bitcoin is coming to an end ("but... but we have a roadmap" lol).

yes, maybe its the right step, nevertheless......... lol coinbase

corporatist cheerleaders gettin all wet and sassy before their overlord Brian Armstrong and Fred Ehrsam from Goldman Sachs to ph0rk bitcoin and (hopefully) put an end to his useless cash burning regulated service.


edit: go for it kids!

It's not because it's a corporation that it somehow makes them evil. Are you a socialist? That would explain why you love the central planners of Core.

[ChartBuddy]

Coin



Explanation

[hdbuck]

Keep faith bitcoiners. Coinbase is actually making something happens regarding the endless scaling controversy.

The power of totalitarian and economics illeterate nerds over Bitcoin is coming to an end ("but... but we have a roadmap" lol).

yes, maybe its the right step, nevertheless......... lol coinbase

corporatist cheerleaders gettin all wet and sassy before their overlord Brian Armstrong and Fred Ehrsam from Goldman Sachs to ph0rk bitcoin and (hopefully) put an end to his useless cash burning regulated service.


edit: go for it kids!

It's not because it's a corporation that it somehow makes them evil. Are you a socialist? That would explain why you love the central planners of Core.

can you even read? here i bolded the evil part for ya.

ps: i dont give a heck about core which is more of a debased codebase anyway, may they phr0k you noobs *softly*

seem you corporatists regulated sheeps prefer it with some lub after all.

[BldSwtTrs]

Keep faith bitcoiners. Coinbase is actually making something happens regarding the endless scaling controversy.

The power of totalitarian and economics illeterate nerds over Bitcoin is coming to an end ("but... but we have a roadmap" lol).

yes, maybe its the right step, nevertheless......... lol coinbase

corporatist cheerleaders gettin all wet and sassy before their overlord Brian Armstrong and Fred Ehrsam from Goldman Sachs to ph0rk bitcoin and (hopefully) put an end to his useless cash burning regulated service.


edit: go for it kids!

It's not because it's a corporation that it somehow makes them evil. Are you a socialist? That would explain why you love the central planners of Core.

can you even read? here i bolded the evil part for ya.

ps: i dont give a heck about core which is more of a debased codebase anyway, may they phr0k you noobs *softly*

seem you corporatists regulated sheeps like it with some lub after all.

So you think that because you have written the two words "Goldman Sachs" you somehow have made a point?

[Cconvert2G36]

-snip-
ps: i dont give a heck about core which is more of a debased codebase anyway, may they phr0k you noobs *softly*
-snip-

Do you know what happens if miners start using Blockstream segwit, and you don't use their latest debased codebase...? 

[hdbuck]

Keep faith bitcoiners. Coinbase is actually making something happens regarding the endless scaling controversy.

The power of totalitarian and economics illeterate nerds over Bitcoin is coming to an end ("but... but we have a roadmap" lol).

yes, maybe its the right step, nevertheless......... lol coinbase

corporatist cheerleaders gettin all wet and sassy before their overlord Brian Armstrong and Fred Ehrsam from Goldman Sachs to ph0rk bitcoin and (hopefully) put an end to his useless cash burning regulated service.


edit: go for it kids!

It's not because it's a corporation that it somehow makes them evil. Are you a socialist? That would explain why you love the central planners of Core.

can you even read? here i bolded the evil part for ya.

ps: i dont give a heck about core which is more of a debased codebase anyway, may they phr0k you noobs *softly*

seem you corporatists regulated sheeps like it with some lub after all.

So you think that because you have written the two words "Goldman Sachs" you somehow have made a point?

yep.

[LFC_Bitcoin]

Sub 400 ain't happening gentlemen - Buy now or cry later.

[BlindMayorBitcorn]

Sub 400 ain't happening gentlemen - Buy now or cry later.

Maybe. But you have what seems to be an irrational belief that the world will start pouring mountains of money into a system that can't accomodate them as users. I find that puzzling.