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

[suda123]

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.

[iCEBREAKER]

If First Mover advantage is lost, whether it takes years or months, it will be gone forever.  Yeah, Bitcoin will still be around. Hell, MySpace is still around, but The escape route from Bankster tyranny will have been blocked.

Goldman sachs and govcoin can never replicate some of bitcoins best attributes:soverign, immutable, no KYC. and extremely unlikely to replicate other features that make bitcoin so great : limited , disinflationary.

Once you know this , you will have no fear of these private blockchains.

Who says it has to even be private? All they have to do is clone bitcoin and premine the shit out of it, market it as the drug and terrorism-free version (loss of anonymity is a feature, not a bug), and prop up the price for a few months.  If they hire K Street lobbyists to encourage USG to treat their coin a little more charitably and our coin with a little more hostility, it's off to the races.

We'll still be squabbling over SegWit and 4MB when their nodes are the size of Google data centers processing millions of transactions an hour. They'll be like a hot IPO and we'll be de-listed and relegated to the penny stock pink sheets. And we'll deserve it.

Oh Lawd, I'm really scared of fiat disrupting Bitcoin.  Your terrifying scenario is just so plausible, how will I sleep tonight?

I'm willing to trade all of Bitcoin's diffuse/diverse/defensible/resilient properties for safety.

Please tell us what to do!  Maybe Hearn will accept our apology and ride to the rescue?

[suda123]

[–]samykovacLong-term Holder 2 points 19 minutes ago
I think the timing of this "announcement" is highly suspicios. I mean, world markets are going down, commodities as well and bitcoin is gaining traction ever more ... ideal time to scare people and join r3 (banking clone of blockchain) ... and don't forget to mention that you are selling all your bitcoins. what a low way of doing it, sad sad ...
permalinksavereportgive gold replied


[–]suda671 1 point 7 minutes ago

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[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.

[orpington]

Poor bitcoin. Always being attacked one way or another. Now its divide and conquer with all this XT, classic, unlimited, extralicious, wunderBar, SooperDooper and whatever other alt garbage coming out soon.

But no matter. They may be pulling out all the stops but bitcoin will survive this beating. What's next?

[Mrpumperitis]

i fkn knew it, all this alt btc versions would cause this...
isnt an announcement due on the 16th jan from the foundation on their plans? (not like people will give a fk) the devs are all making their own versions of btc...btc will  become just another alt.

[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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Explanation

[lottery248]

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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.

[ChartBuddy]

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Explanation

[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]

Coin



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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Explanation

[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.