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

[DieJohnny]

Consensus is forming, brace yourselves

The 21 million cap should also be raised. It is an obstacle for bitcoin growth and adoption. People have no incentive to own bitcoins if they can't  afford to easily purchase at least 1 bitcoin. This is why this cap should be removed. First double it then quadruple and then "classic" unlimited bitcoin will be the final solution.

WTF is this about.... you are insane.... we just need to numerate transactions by a uBTC.... get real

[jackiedragon]

China is waking up...
and crashing down

http://bitcoinity.org/markets/btcchina/CNY

[Tzupy]

With the latest dumps, daily MACD crossed to negative on all exchanges, including mainland Chinese ones.

[rolling]

Better dump everything now. This is going to negative digits!

[JorgeStolfi]

Hey, what is happening?  Back below $380?

I thought that bitcoin was a honey badger in a titanium armor, protected by patahashes of math and a bajillion moogawatts of electric juice. 

But then a single whiny blog post, by a young loner who had already left the stage, brings the price down by 20% in a few hours? 

How is that?

[/troll]

[DieJohnny]

solidarity? what planet are you living on.... this is wild west, war zone, chaos rule, dystopia we are in and will be in for ever.

Solidarity exists within the "wildwest" as we are speaking about humans with complex incentives and needs. Solidarity is a form of selfishness practiced by rational actors(and yes, humans can sometimes be reasonable)

This ecosystem is so complex and constantly evolving that there is no consensus on rationality.

I have far less faith in humans than you do I am afraid.

[DieJohnny]

Hey, what is happening?  Back below $380?

I thought that bitcoin was a honey badger in a titanium armor, protected by patahashes of math and a bajillion moogawatts of electric juice. 

But then a single whiny blog post, by a young loner who had already left the stage, brings the price down by 20% in a few hours? 

How is that?

[/troll]

I think there is so much truth found in this drop.... the true bottom for bitcoin is where remittance utility and payment utility create an equilibrium on the exchanges..... My guess is that true bitcoin utility is 10% of where we are today.... the rest all FUD, and PUMP, and DUMP

[8up]

RIP bulls.

$380 next - rally in february

target reached.

[BitUsher]

Bear whales taking advantage of negative news to juke the markets in an attempt to steal from weak hands. Don't fall for it and penalize their insolence by taking their coins.

This ecosystem is so complex and constantly evolving that there is no consensus on rationality.

I have far less faith in humans than you do I am afraid.

No faith is necessary, as the complexity you cite is what gives birth to moments of solidarity.

[Patel]

I am predicting a drop to 350 ish fairly soon... then moon within the next 6 months.

Bingo xD

[jackiedragon]

Hey, what is happening?  Back below $380?

I thought that bitcoin was a honey badger in a titanium armor, protected by patahashes of math and a bajillion moogawatts of electric juice. 

But then a single whiny blog post, by a young loner who had already left the stage, brings the price down by 20% in a few hours? 

How is that?

[/troll]

I think there is so much truth found in this drop.... the true bottom for bitcoin is where remittance utility and payment utility create an equilibrium on the exchanges..... My guess is that true bitcoin utility is 10% of where we are today.... the rest all FUD, and PUMP, and DUMP

No No i don´t think its all FUD n Pum n Dump
https://www.youtube.com/watch?v=1w_XuOBnUAg

[rolling]

Ok, new proposal on block size. 1mb max limit for transactions with no or micro-fee attached. No block size limit for transactions with a fee attached that is at least 90% of the average fee over the last 1440 blocks. Now go make it happen and stop dumping.

[Richy_T]

I thought that bitcoin was a honey badger

That's exactly the point

[Fatman3001]

Ow, ow, ow! It hurts in my digital wallet!

[sAt0sHiFanClub]

Bear whales taking advantage of negative news to juke the markets in an attempt to steal from weak hands. Don't fall for it and penalize their insolence by taking their coins.

Oh. Good. God.

[Fatman3001]

Ok, new proposal on block size. 1mb max limit for transactions with no or micro-fee attached. No block size limit for transactions with a fee attached that is at least 90% of the average fee over the last 1440 blocks. Now go make it happen and stop dumping.

ACK, we'll call it "Rolling Bitcoin".

[Hyperjacked]

Ow, ow, ow! It hurts in my digital wallet!

Not in mine...

[GALATASARAY GS]

i think, China's wake up and btc prince down a lot. 300$ -350$

[deadpoolx]

$ 366,12... Man, what is happening with the Bitcoin?  

[MatTheCat]

is crypto done???