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

[JayJuanGee]

Bitcoin stable, ETH about to crash hard (I hope so).
Moved funds to exchange, hoping to catch a falling ethereal knife.

I remain surprised regarding how long ETH has remained "Up"


Really, ETH probably does not deserve a value of much more than $1.50 per ETH, yet I suspect that it is going to remain above $3 , and possibly even $5 for some time, and furthermore, I would not be surprised if ETH gets pumped again to some outlandish and unsustainable value of $25.. hahahahaha..

Kind of crazy seeing how speculation works in the quasi-centralized coins (surely ETH is not as centralized as Ripple, during the Ripple pump from a couple years ago.. and look Ripple seems to remain considerably overvalued, too)

[klondike_bar]

weekends always have fairly inconsequential jumps/dips, i dont take them into account for trend direction unless it maintains through monday.

i expect within the next two weeks we will see a "crash" into $410-415 range, bouncing off (or just below) the lower trend line, and then pulling back up to $425 again over the span of another week to the point that it breaches the upper trendline and we see the rally begin.

and then its choo choo MF right up into the $600 range for summertime

[klondike_bar]

Bitcoin stable, ETH about to crash hard (I hope so).
Moved funds to exchange, hoping to catch a falling ethereal knife.

I remain surprised regarding how long ETH has remained "Up"


Really, ETH probably does not deserve a value of much more than $1.50 per ETH, yet I suspect that it is going to remain above $3 , and possibly even $5 for some time, and furthermore, I would not be surprised if ETH gets pumped again to some outlandish and unsustainable value of $25.. hahahahaha..

Kind of crazy seeing how speculation works in the quasi-centralized coins (surely ETH is not as centralized as Ripple, during the Ripple pump from a couple years ago.. and look Ripple seems to remain considerably overvalued, too)

ive learned to not always short the bubble, since sometimes they take weeks to pop, and can even trail higher first.

ethereum as a long list of benefits, but its far less simple than bitcoin. nobody can give you a direct answer for when PoW switches to PoS (before it was said to be july-september, now its being said to happen as late as october-december, if not 2017). Couple that with more 'phases' and codenames (homefront, frontier, etc) than an android phone, and i expect it to simmer back down to the $5-8 range for a while

[bargainbin]

...
and then its choo choo MF right up into the $600 range for summertime

Did anyone already post this? Regardless, always appropriate. CCMF!

[r0ach]

Fun read: http://www.poynter.org/2016/u-s-newspapers-to-ad-blocker-drop-dead/405513/ (Brave = "bitcoin-enabled browser")
“You are hereby notified that Brave’s plan to replace our clients’ paid advertising content with its own advertising violates the law … Your plan to use our content to sell your advertising is indistinguishable from a plan to steal our content to publish on your own website.” -- http://www.naa.org/~/media/NAACorp/Public%20Files/PublicPolicy/LegalAffairs/Brave%20Cease%20and%20Desist%20Final%20copy.pdf

It is a funny read.  They're essentially saying you're not allowed to even view their websites in plain text and they should have corporate control of your browser's capabilities.  That's not how the internet works.

[bargainbin]

Fun read: http://www.poynter.org/2016/u-s-newspapers-to-ad-blocker-drop-dead/405513/ (Brave = "bitcoin-enabled browser")
“You are hereby notified that Brave’s plan to replace our clients’ paid advertising content with its own advertising violates the law … Your plan to use our content to sell your advertising is indistinguishable from a plan to steal our content to publish on your own website.” -- http://www.naa.org/~/media/NAACorp/Public%20Files/PublicPolicy/LegalAffairs/Brave%20Cease%20and%20Desist%20Final%20copy.pdf

It is a funny read.  They're essentially saying you're not allowed to even view their websites in plain text and they should have corporate control of your browser's capabilities.  That's not how the internet works.

By "corporate" you mean that Brave douche, the one who wants to strip content provider's adds & replaces them with his own? To make himself some more filthy fiat?
Also: What have you done with my baking soda & how is it you're still alive, cockroach?

[r0ach]

Wouldn't be surprised if this evolves into some type of strange war where websites try and create some new type of image standard or container where they embed their context (text) and advertisements (pictures) into the same format so they can't be segregated and nothing concerning plaintext view will work either.  You of course lose targeted ads, but those aren't required for the websites to stay in profit.

[aztecminer]

i used Libra Tax to instantly get my 2015 mining income + my FIFO gains losses ... the way bitcoin appears to work is it sends the earliest bitcoins obtained out and due to the huge smashdowns in 2015 that netted a losses which will go on lines 3 and 10.. thanks bitcoin for crashing last year.. i mined those coins on the cheap plus made losses when i sold some for ripples. still sitting on a pile of bitcoins.

[bargainbin]

Wouldn't be surprised if this evolves into some type of strange war where websites try and create some new type of image standard where they imbed their context (text) and advertisements (pictures) into the same format so they can't be segregated and nothing concerning plaintext view will work either.  You of course lose targeted ads, but those aren't required for the websites to stay in profit.

Sure, anything from shitty CSS tricks to simply converting text (with ads) to image. Was even tried in early aughts, really annoying, no one likes that.

Media (advertising) companies tried suing Adblockplus, lost. Even though ABP business model is pretty shady (yeah, they make money. By "whitelisting" ads, "pay us & your ads won't get blocked.").
Stripping adds out & replacing them with your own tho...

That said, I'm all over ABP (& AB before that, and HOSTS file before that). Because no scruples. Shut it off on sites that I like.

[r0ach]

Shut it off on sites that I like.

Like this one?

[bargainbin]

Shut it off on sites that I like.

Like this one?

This one has local ads only, served up by Thermos & "signature campaign" spammers -- not something ABP bothers with (tho Thermos claims it's his diabolically clever css codingz ).
These add that.. je ne sais quoi, chintzy seediness to the place, brazen ugliness that makes bitcointalk what it is: irresistible.

[ImI]

when everybody expects a breakout to the upside.....

[beastmodeBiscuitGravy]

Just shaking out the weak hands. 

[DaRude]

Just shaking out the weak hands. 

Some serious shaking going on

[beastmodeBiscuitGravy]

Just shaking out the weak hands. 

Some serious shaking going on

Oy vey!

[bargainbin]

Don't worry everyone, you still got me...

[yefi]

That said, I'm all over ABP (& AB before that, and HOSTS file before that). Because no scruples. Shut it off on sites that I like.

[adamstgBit]

Bitcoin stable, ETH about to crash hard (I hope so).
Moved funds to exchange, hoping to catch a falling ethereal knife.

i'm targeting like 0.009.

i guess we'll see a bunch of waves up and down before then, but 0.009-0.007 seems safe to me.

[bargainbin]

End of an era.
Wall Observer thread falls off the first page; MMM Republic of Bitcoin folds
https://www.reddit.com/r/Bitcoin/comments/4dz1h7/bitcoin_mmm_ponzi_shuts_down/

I'd like to remind everyone that in these trying times, I am with you.

I won't abandon you, Gentlemen.

[billyjoeallen]

The HK CRTA said specifically that we were supposed to get SegWit this month. Where the hell is it? What will happen to the price if it is delayed?

Blocks are full. We need relief now! The TA is suggesting that we could have a huge rally if the network was able to handle the extra traffic.