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

[Cassius]

^^^ ETH down, BTC up is the pattern.

ok, now bought that half back for 0.029 .. now this is what I call fun

Um, oops? Or are you expecting another surge/double top?

[marcus_of_augustus]

just when you thought there couldn't be anything more obnoxious than Ripple scamcoin pumper bots ... along came the poxy-faced, get-rich-quick, ether huffers

[Mervyn_Pumpkinhead]

^^^ ETH down, BTC up is the pattern.

ok, now bought that half back for 0.029 .. now this is what I call fun

Um, oops? Or are you expecting another surge/double top?

More like ETH up or down, BTC still the same or a 1% change if lucky pattern

Not exactly "oops". Could have gotten it with 0.028, but I'm just a trader not an omnipotent seer  I was expecting a quick surge back to 0.031 and gave it a 50/50 chance that it either breaks through or would have formed a double top.
I now think that it will probably be a slower crawl back to 0.31

EDIT: Btw, kids don't do this at home (play these quick spikes and drops). They can be fun, but they are very unstable and could make you lose a lot in couple of hours if you lose your nerve. Still best to trade by making 1 or 2 maximum trades in 24h. These quick games can be very fun but dangerous

[Elwar]

just when you thought there couldn't be anything more obnoxious than Ripple scamcoin pumper bots ... along came the poxy-faced, get-rich-quick, ether huffers

Doge people were worse.

The whole point of their alt was that it had a dog logo.

[Mervyn_Pumpkinhead]

just when you thought there couldn't be anything more obnoxious than Ripple scamcoin pumper bots ... along came the poxy-faced, get-rich-quick, ether huffers

Doge people were worse.

The whole point of their alt was that it had a dog logo.

I didn't trade doge either. Not because I didn't like it, but because I didn't understand it. It feels easier to trade with things that have more technical advantages. Doge was a great example to others on how things like brand management or public relations should be done. The community will be much easier for newcomers if it's leaders are socially adequate.

[gentlemand]

Doge people were worse.

The whole point of their alt was that it had a dog logo.

Really? I don't particularly remember that. It was clear to everyone it had nothing new to offer other than a decent amount of fans which is all that counts ultimately. At least they were cheerful most of the time.

[Elwar]

[adamstgBit]

spike back to 460 imminent
I got a feeling
time is now
buy or die

[Elwar]

spike back to 460 imminent
I got a feeling
time is now
buy or die

Again we approach a narrowing triangle that will happen on a Friday that I get paid...

all the other times that happened, the price goes up

[Tzupy]

spike back to 460 imminent
I got a feeling
time is now
buy or die

Some early adopter has a different opinion...

[adamstgBit]

spike back to 460 imminent
I got a feeling
time is now
buy or die

Some early adopter has a different opinion...

wowzers very old coins on the move.

crash back  to 420 imminent
time is soon
ready your fiat!

[TooDumbForBitcoin]

spike back to 460 imminent
I got a feeling
time is now
buy or die

you post on bitco.in/forum anymore?

[adamstgBit]

spike back to 460 imminent
I got a feeling
time is now
buy or die

you post on bitco.in/forum anymore?

not for a few weeks...

[ImI]

BTC looks sooo fucking weak right now and that only few weeks apart from Halving, not the best sign imo.

A stable price is a great thing. It shows that we can hold the $450s no problem, even with over $1.6 million in mined coins being sold each day.

Imagine what happens when that number is cut in half.

Very good point indeed. Halving effect is even stronger in a market with very low volume.

[JimboToronto]

Good morning Bitcoinland.

Still in the $450s I see.

Sorry, no Chartbuddy quote. Buddy seems to be AWOL today.

[JayJuanGee]

I don't see it going that far. Might even be happening now (I never can make sense of ETH). At some point very soon, a big holder is going to drop the hammer and giggle into his coffee he's beat everyone else to the dump, including DAO itself.

My neither. I just enjoyed reading the exaggeration that bitcoin advocates try to use. I find the whole thing quite amusing that people like roach are the current most active proponents for bitcoin here. The bitcoin scenery keeps getting dumber and uglier everyday.
ETH isn't a smart choice for any long term investments. Too many variables in the fundamentals that are not yet set. But it's excellent for daytrading. It's momentum (up or down) is mostly strong and fades gradually, and that gives it predictability. BTC momentum is weak, short lasting and unpredictable. BTC is only attractive to "I'll just buy some, and then sit on my ass for years, while hoping really-really hard that I'll get rich" thinking people.

Even though I agree overall with your description of recent performance of ETH as compared with BTC, you should recognize that past performance is not a very exact indicator of future performance.... but yeah, your indication that BTC is likely a much more secure long term investment relative to ETH seems a valid assessment, in spite of your apparent efforts to make fun of it for such attributes.

[r0ach]

Some early adopter has a different opinion...

You can use BTC as collateral to short Eth.

[yefi]

The bitcoin scenery keeps getting dumber and uglier everyday.

Or perhaps you simply paid less attention to scenery when prices were more exciting.

[r0ach]

BTCE hit $457 and OKcoin is $455 so the 3rd world exchanges are no longer behind the west for the first time in like a month.  Price is definitely going up.

[becoin]

wowzers very old coins on the move.

crash back  to 420 imminent

Nope. You can't stop the unstoppable.
Every day thousands of people are opening their very first bitcoin wallet.