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

[finkelsteinMonster]

http://s33.postimg.org/qn2ooxmbz/Capture.jpg
A young Ethereum shill horrified by the news reacts
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http://s33.postimg.org/3r95ekle7/Capture.jpg

How's it goin' buddy?

Wow...have they distributed over 60% of etheriums too? What's the max amount?

No, they haven't, that's why it's so cool -- like Bitcoin back in 2011, people getting in on the ground floor!

Do you know of any place I can pay my phone bill with etheriums? Or Amazon purchases?

Hell no. Also don't know of any place you can pay your phone bill with bitcoins or beanies, to be honest.
Why in the world would you want to pay your phone bill with ETH tho, with the price is skyrocketing like it is?
Wouldn't it be smarter to pay with bitcoins, since BTC price just keeps falling?
https://i.ytimg.com/vi/Rl1giOAPc9E/maxresdefault.jpg
You're not using your brain, are you?

[1714820888]

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[1714820888]

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[1714820888]

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[oda.krell]

ETH is more of a hedge at the moment. BTC seems very unstable.

With emphasis on 'seems', that's the best answer right now, in my opinion.

It's all about perception. LTC was the de facto hedge/fallback option back in the day, but I think there's good reasons to consider ETH a better one today. And  'not even trying to be decentralized' isn't a counterargument - it's part of what makes it an actual hedge, I'd argue.

Still, I don't see anything about ETH that makes me think it's anything more than a hedge. Then again, I'm following crypto only peripherally at the moment, so feel free to pick apart what I'm saying.

[Elwar]

1.5% volatility is considered unstable?

As compared to the JPY at .95% volatility or BRL at 1.1%.

[ImI]

ETH is more of a hedge at the moment. BTC seems very unstable.

With emphasis on 'seems', that's the best answer right now, in my opinion.

It's all about perception. LTC was the de facto hedge/fallback option back in the day, but I think there's good reasons to consider ETH a better one today. And  'not even trying to be decentralized' isn't a counterargument - it's part of what makes it an actual hedge, I'd argue.

Still, I don't see anything about ETH that makes me think it's anything more than a hedge. Then again, I'm following crypto only peripherally at the moment, so feel free to pick apart what I'm saying.

Yeah, its mostly based on perception. So far the last months everyone could see a clear correlation, as soon as BTC tanks ETH immediately rises and vice versa.
So ETH looks like a good hedge, if BTC goes to $200 ETH could act like a savior in the portfolio.

[ImI]

1.5% volatility is considered unstable?

As compared to the JPY at .95% volatility or BRL at 1.1%.

Its not about volatility, is about perceived weakness of BTC. Of course you can deny that, but imo BTC is "wounded". This whole blocksize-fight, no matter what side you favor, has taken big hits to investors confidence. We are lucky to have the Halving upon us, without that it would have been really ugly the last months.

[oda.krell]

1.5% volatility is considered unstable?

As compared to the JPY at .95% volatility or BRL at 1.1%.

I don't think he meant price stability (and I definitely didn't).

And, again, this isn't about whether BTC (development, the industry around it, etc) is objectively unstable or not, but rather, whether it is perceived as such, and whether (some) believe there should be a hedge.

[Elwar]

1.5% volatility is considered unstable?

As compared to the JPY at .95% volatility or BRL at 1.1%.

Its not about volatility, is about perceived weakness of BTC. Of course you can deny that, but imo BTC is "wounded". This whole blocksize-fight, no matter what side you favor, has taken big hits to investors confidence. We are lucky to have the Halving upon us, without that it would have been really ugly the last months.

Ya, it did go down 2% after going up 8% so it's probably going to go to $0 any day now.

[aztecminer]

looking forward to the coinbase rebrand. maybe will be better there .

[Big Dick]

Hey, Bitcoin finally made it to the front page of the Sunday New York Times!!




Wait, did I say Bitcoin? Sorry, I meant DAO. DOW was on the front page of the Sunday New York Times.
Disregard.

[aztecminer]

1.5% volatility is considered unstable?

As compared to the JPY at .95% volatility or BRL at 1.1%.

Its not about volatility, is about perceived weakness of BTC. Of course you can deny that, but imo BTC is "wounded". This whole blocksize-fight, no matter what side you favor, has taken big hits to investors confidence. We are lucky to have the Halving upon us, without that it would have been really ugly the last months.

Ya, it did go down 2% after going up 8% so it's probably going to go to $0 any day now.

in other words btc lost ten bucks.

[becoin]

I meant DAO. DOW was on the front page of the Sunday New York Times.

Dump time?... I meant buy the rumor sell the news.

[Mrpumperitis]

1.5% volatility is considered unstable?

As compared to the JPY at .95% volatility or BRL at 1.1%.

Its not about volatility, is about perceived weakness of BTC. Of course you can deny that, but imo BTC is "wounded". This whole blocksize-fight, no matter what side you favor, has taken big hits to investors confidence. We are lucky to have the Halving upon us, without that it would have been really ugly the last months.

gd point m8.
Also, ive never seen so much fear in the BTC traders, if BTC does go under $300 at any point...what will happen to ETH?  
ETH doesnt need to do anything and could still easily go over 0.1
The fact ETH is now on almost every big exchange gives this possibilty more chance of becoming reality.

[hdbuck]

1.5% volatility is considered unstable?

As compared to the JPY at .95% volatility or BRL at 1.1%.

Its not about volatility, is about perceived weakness of BTC. Of course you can deny that, but imo BTC is "wounded". This whole blocksize-fight, no matter what side you favor, has taken big hits to investors confidence. We are lucky to have the Halving upon us, without that it would have been really ugly the last months.

gd point m8.
Also, ive never seen so much fear in the BTC traders, if BTC does go under $300 at any point...what will happen to ETH? 
ETH doesnt need to do anything and could still easily go over $50

oh wow. lol.

[r0ach]

Eth collapsing even more now.  Eat it shills.

[becoin]

Also, ive never seen so much fear in the BTC traders

This feeling is direct result of your obsession, pumpy. You subconsciously project your eth-related fear onto btc traders.

[Big Dick]

Also, ive never seen so much fear in the BTC traders

This feeling is direct result of your obsession, pumpy. You subconsciously project your eth-related fear onto btc traders.

He's not wrong tho. A palpable sense of defeat and desperation in BTC threads, can't you smell it?
Or maybe fear is like bad breath? You can't smell your own?

[aztecminer]

1.5% volatility is considered unstable?

As compared to the JPY at .95% volatility or BRL at 1.1%.

Its not about volatility, is about perceived weakness of BTC. Of course you can deny that, but imo BTC is "wounded". This whole blocksize-fight, no matter what side you favor, has taken big hits to investors confidence. We are lucky to have the Halving upon us, without that it would have been really ugly the last months.

gd point m8.
Also, ive never seen so much fear in the BTC traders, if BTC does go under $300 at any point...what will happen to ETH?  
ETH doesnt need to do anything and could still easily go over 0.1
The fact ETH is now on almost every big exchange gives this possibilty more chance of becoming reality.

i think u are right. there is definitely doom vibes in the air today . i did notice that btc traders are like: "omg what do we do ?? we are doomed" ... today . if they had listen to those of us with more intelligence, they would have known they were about to lose ten bucks over the weekend resulting in cascading losses across the entire btc playing field. the sad part about it is that there is no relief in sight.. the doom is growing stronger every day.. the inevitable collapse of btc is upon the btc traders, and they are panicking .. it is well known that the first people out are the ones who lose the least in times like these. dump all of ur coins while you still can doom-tards. the first ones out buy back cheaper .

[600watt]

uhhh, lots of ignored posts.

bullish.

[hmmkay]

Bears have been trying to move the price down the last few months without much result.
Traders are losing confidence? Keep trolling/dreaming.

[adamstgBit]

fear uncertainty and doubt
this is what bottom feels like.
buy you fools!