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

[hector3115]

I'm afraid that my belief in the success of Bitcoin has truly been shaken in the last few months. I just don't see any light at the end of the tunnel.

They don't call bitcoin the honeybadger of money for nothing.  You think the honeybadger gives a shit about Mike hearn?

[nicked]

I'm afraid that my belief in the success of Bitcoin has truly been shaken in the last few months. I just don't see any light at the end of the tunnel.

They don't call bitcoin the honeybadger of money for nothing.  You think the honeybadger gives a shit about Mike hearn?

I hope you're right.

[ChartBuddy]

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[lottery248]

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i guess the collapse from the cryptsy led to this kind of the bitcoin price decrease. anyone? would you sell your bitcoin right now? it could be an effect of the bitcoin price, beware.
FYI regarding the cryptsy, there are some of the probable phishing site like cryptsy refund.

[ChartBuddy]

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[iCEBREAKER]

bitcoin serves as a fungible currency

You mean like how the 13,000 BTC stolen from Cryptsy are fungible?

https://www.walletexplorer.com/wallet/0c07e0bec1002bd2

BigVern must be mistaken when he says "If they are returned, then we will assume that no harm was meant and will not take any action to reveal who you are.  If not, well, then I suppose the entire community will be looking for you."

[brg444]

bitcoin serves as a fungible currency

You mean like how the 13,000 BTC stolen from Cryptsy are fungible?

https://www.walletexplorer.com/wallet/0c07e0bec1002bd2

BigVern must be mistaken when he says "If they are returned, then we will assume that no harm was meant and will not take any action to reveal who you are.  If not, well, then I suppose the entire community will be looking for you."

Last we heard of the guy he was flying out to China isn't it?

These 13,000 coins will find their way diluted into the market in due time.

[solitude]

Keep selling cucks, I'm sure you'll enjoy panic buying on the run up to 500 in the coming weeks.   

In the meantime, there's a great man who's going to make America and Bitcoin mining for Americans great again in January 2017

His name is God Emperor Trump

[iCEBREAKER]

bitcoin serves as a fungible currency

You mean like how the 13,000 BTC stolen from Cryptsy are fungible?

https://www.walletexplorer.com/wallet/0c07e0bec1002bd2

BigVern must be mistaken when he says "If they are returned, then we will assume that no harm was meant and will not take any action to reveal who you are.  If not, well, then I suppose the entire community will be looking for you."

Last we heard of the guy he was flying out to China isn't it?

These 13,000 coins will find their way diluted into the market in due time.

Some may ask why we didn’t report this to the authorities when this occurred, and the answer is that we just didn’t know what happened, didn’t want to cause panic, and were unsure who exactly we should be contacting.
http://blog.cryptsy.com/

Now that's funny right there I don't care who you are.   

[DaRude]

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Explanation

i guess the collapse from the cryptsy led to this kind of the bitcoin price decrease. anyone? would you sell your bitcoin right now? it could be an effect of the bitcoin price, beware.
FYI regarding the cryptsy, there are some of the probable phishing site like cryptsy refund.

Nope just a Finex long squeeze. They try to time it with some bad news to magnify the effect.

[ChartBuddy]

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[Richy_T]

He's basically claiming that if the blocks ever fill up, then Bitcoin has failed.

I have always suspected this guy is a clueless zombie. Quite the opposite, filled up blocks is not a failure but success! Economy is always about supply and demand. Success of a product or service you are offering is measured by how much demand is surpassing supply.

Which is why businesses which are experiencing increased sales do not move to larger premises or take on more employees. Got to keep that supply down...

[Richy_T]

chartbuddy is delaying for at least 3 minutes.
could anyone guess about the price of bitcoin? i wanna know if i should buy more or sell them. i am running out of idea on investing just in bitcoin.

you have delayed more than 6 minutes. is the clock of the automated posting gone wrong?
btw seems that the people in US is in the rest.

I think some of the stuff I've been doing has been hammering bitcoind quite hard and probably causing delays in processing.

[Richy_T]

i guess the collapse from the cryptsy led to this kind of the bitcoin price decrease. anyone? would you sell your bitcoin right now? it could be an effect of the bitcoin price, beware.
FYI regarding the cryptsy, there are some of the probable phishing site like cryptsy refund.

I wouldn't be surprised if Hearn's words had some effect either. Whatever you think of him and his opinions, he's a fairly major figure.

[Richy_T]

[JayJuanGee]

chartbuddy is delaying for at least 3 minutes.
could anyone guess about the price of bitcoin? i wanna know if i should buy more or sell them. i am running out of idea on investing just in bitcoin.

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Explanation

you have delayed more than 6 minutes. is the clock of the automated posting gone wrong?
btw seems that the people in US is in the rest.

Ultimately, you should already know your Bitcoin plan and how you feel about Bitcoin and allocate your risk accordingly. People on the internet cannot really help you decide your own levels of allocation- even though there's nothing wrong with brainstorming about whether u believe price to go up or down in the short term.

[ChartBuddy]

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[iCEBREAKER]

Mike Hearn's exit mic drop

I find it tough to dispute his arguments. It's getting close to fork or die time...

Last summer called to request you return its FUD.

You find it "tough to dispute his arguments" because you are a clueless n000b.

Most of us old-timers suffer from no such disability.

Try reading the old Blockchain Civil War threads so you can better participate in, and possibly even contribute to, the conversation.

[Andre#]

He's basically claiming that if the blocks ever fill up, then Bitcoin has failed.

I have always suspected this guy is a clueless zombie. Quite the opposite, filled up blocks is not a failure but success! Economy is always about supply and demand. Success of a product or service you are offering is measured by how much demand is surpassing supply.

The point is that  the blocksize cap forbids that supply grows to cater the demand for transactions. The real question is: will we allow market forces to determine the size of blocks, or do we apply central regulation to limit the size of blocks? The reason that I sometimes refer to the Core devs to the Polit Bureau is that they advocate central planning. Which I believe is the wrong approach. It is leading to transaction queues (in the mempool), just like it led to queues in front of shops with limited stock in communist countries.

[JayJuanGee]

oh go all these mother fucking cheap coins, i can't wait to buy on my payday LOL

Im to busy watching the economy collapse to even care at this point, also in live view

https://www.google.com/finance?cid=7521596

The dow jones was down about 1.5% yesterday, and up about 1.5% today.... so overall flat over the past few days, though trending down over the past few months. 


I know my stock related investments (DJI related)  lost about 14% since May 2015.

should short s&p 500 or buy silver, then trade that silver into bitcoin later.

At various times I have considered what to do, and the fuller story it is part of a retirement portfolio with limits.

recently I just decided to reallocate within the available options to hopefully lessen future risk while attempting some overall diversification of my various investment funds, including my bitcoin holdings which is considered a form of offset to those retirement funds.