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

[Cconvert2G36]

r/Bitcoin going full r/Buttcoin today!

https://www.reddit.com/r/Bitcoin/comments/48p1bk/somebody_sent_a_transaction_with_a_15btc_fee/

Truth.



Luke [Canonical] Jr in full damage control post mode today...

[jbreher]

Nonetheless, regarding your point about Ripple being bigger than bitcoin, when was this?  (any significant period of time between 2013 and present?)...

Good call. I'm pretty sure it was in 2013. Ripple was introduced that year, if memory serves. They were prominently at Bitcoin 2013 conference in San Jose.

Regarding your points about bitcoin losing market share.  I really doubt that bitcoin has witnessed any close and/or meaningful threat recently, and there is not even one in the wings at the moment (despite various ongoing fear mongering)

I do so hope you are right.

[jbreher]

Bottem in , eth will get dumped soon => +500 spike within 1 month.

Funny contrast is funny. I know where my bet is placed.

[ChartBuddy]

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Explanation

[BlindMayorBitcorn]

So will it dump or break 10$? Gawd I feel dumb for missing this.

Alts like ETH have a long way to grow before they get to the point that we’re at now, and the world knows it. The days of Bitcoin Maximalism are gone for good.

[ChartBuddy]

Coin



Explanation

[Adrian-x]

It's gonna take some pain to wake up these miners to the fact that they may be relying on their main competitor to plan their own future.

Some times learning is painful, hopefully they realize LN is competition for fees, and while it promises to deliver many more TX/s it has no ability to create demand, quite the opposite relay it appears to erode the ability for individuals to settle with hard money.

[Adrian-x]

Why? What happened?

I think this happens often. (never go all out it's not this simple we are all pawns)
https://www.reddit.com/r/btc/comments/48ovtg/im_out_guys/

[marcus_of_augustus]

It's gonna take some pain to wake up these miners to the fact that they may be relying on their main competitor to plan their own future.

Some times learning is painful, hopefully they realize LN is competition for fees, and while it promises to deliver many more TX/s it has no ability to create demand, quite the opposite relay it appears to erode the ability for individuals to settle with hard money.

... and yet more cluelessness, it appears to be spreading, I wonder why that is?

[Adrian-x]

doom, lower, lower, lower ... the divide and conquer appears to be working.

and it could have been avoided so easily....

I don't think so ... Gavin is one stubborn SOB aussie

you should look in the mirror. ;-)

FYI its not Gavin who's on the payroll of TPTB.

[Adrian-x]

It's gonna take some pain to wake up these miners to the fact that they may be relying on their main competitor to plan their own future.

Some times learning is painful, hopefully they realize LN is competition for fees, and while it promises to deliver many more TX/s it has no ability to create demand, quite the opposite relay it appears to erode the ability for individuals to settle with hard money.

... and yet more cluelessness, it appears to be spreading, I wonder why that is?

  you're expressing many of these Symptoms dont forget, I'm on your side.

[ChartBuddy]

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Explanation

[BayAreaCoins]

Well I bought a metric fuckton of futures in the low $430's/high $420's

See yall in the morning.

[Chef Ramsay]

Well I bought a metric fuckton of futures in the low $430's/high $420's

See yall in the morning.

We're bleeding but I think you did the right thing at this point. That was an interesting all-in point I must say but we going back up in a large part.

[Cconvert2G36]

 

[BayAreaCoins]

Well I bought a metric fuckton of futures in the low $430's/high $420's

See yall in the morning.

We're bleeding but I think you did the right thing at this point. That was an interesting all-in point I must say but we going back up in a large part.

I had it in my head since a few days ago on a solid long + a solid short... going for a hat trick this week.

I wouldn't be overly shocked to see $450's in the near future.

Opened a few shorts and off to bed.

Might be a shit show if there is a dip going into Monday.

Should have a nice buy back in the low $430s. (OKCoin futures)

If I get pwned I get pwned, but someone is buying a shit ton of quarterly futures on OKCoin atm.  

$1,000,000 worth are in the process of getting swapped around @ $428.  $400,000 remaining.

The nice thing about these dips is that people put decent size asks on the books for big buyers.  Big buyers bring lots of sheep buyers... those are my fav!

[marcus_of_augustus]

 

[marcus_of_augustus]

Well I bought a metric fuckton of futures in the low $430's/high $420's

See yall in the morning.

We're bleeding but I think you did the right thing at this point. That was an interesting all-in point I must say but we going back up in a large part.

I had it in my head since a few days ago on a solid long + a solid short... going for a hat trick this week.

I wouldn't be overly shocked to see $450's in the near future.

Opened a few shorts and off to bed.

Might be a shit show if there is a dip going into Monday.

Should have a nice buy back in the low $430s. (OKCoin futures)

If I get pwned I get pwned, but someone is buying a shit ton of quarterly futures on OKCoin atm.  

$1,000,000 worth are in the process of getting swapped around @ $428.  $400,000 remaining.

you'll be sweet ... buying in on the classic big-block capitulation point looks like a winning trade to me.

[Cconvert2G36]

 

Imitation, flattery, and all that.

Aaaand... the debate has risen to the tenor of "accusations of cockgobbling"



Way to go Samson Mow, COO (edited) of BTCC

Bobby Lee must be proud.

 

[ChartBuddy]

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Explanation