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

[ImI]

its the complete lack of any volume that i dont like. its not so much about any particular price swing up or down but the fact that volume is more or less dead.

[Denker]

its the complete lack of any volume that i dont like. its not so much about any particular price swing up or down but the fact that volume is more or less dead.

Try to see it from a different perspective.
Altough the volume is low, we are holding the 440s-450s without any big problems since weeks.
There had been several attempts to dump the market and still we are here.
I wouldn't worry too much.The glass is half full mate!!!
And not half empty!!!

[ImI]

allright, glass is half full.   

[JayJuanGee]

Look at this space, most fuckers think they know exactly what they're doing. Talking about really complicated stuff, that they have literally no concept of. I'm qualified as one of these dumb people, at least I'm aware of it.

Sure, most people still dicking around in bitcoin are not very bright. Just like most people still trying to make their fortunes with BTCeanies aren't very bright. I'd go as far as to say that these people are idiots *because* they're still dorking around with BTC/BTCeanies. Because falling for trendy overhyped bullshit is bad enough, but persisting after everyone has gone is simply retarded. Or weird.

That's what I meant by "get out at the right time." Not timing the market.

When you are in the ongoing process of comparing bitcoin to beanies, most of us should realize that you are a nut job, or at least you have nut job propagandistic thinking, and it appears that you are participating in this thread to "save us from ourselves."  Get out of here.

[http://1f8vgt96e4h37f9a43p3ud41.wpengine.netdna-cdn.com/wp-content/uploads/2014/09/thumbs_young-bryan-ferry-tuxedo.jpg[/img]
I didn't mean to hurt you
I'm sorry that I made you cry
I didn'tmean to huuuououorrrrrtttt you
[medley]
So [ra ta ta ta]
[http://s33.postimg.org/8rgqyc43z/aaa_1.gif[/img]
Houououold on to that feeeeeelin'...

Seriously tho, what is it that makes you think that people amused by your bitcoin antics are agents of some other BTCeanie cult?

Nothing wrong with having some people who are enthusiastic about something and not knowing the fundamentals.. and that plays into speculation and beanies.

However, bitcoin has much more to offer beyond pure speculation.  Surely in it's earlier days, there was a lot more pure speculating and without development; however, there have always been fundamentals with bitcoin, including that bitcoin was the first crypto to solve the problem of double spend of electronic money which allowed for decentralization, and those facets are amazing in themselves and paradigm shifting when it comes to bitcoin... and beanies do not have those attributes... helow??.

I could give a ratt's ass whether bitcoin ends up being the final coin in which folks focus their mining and computing power and development, etc... however at the moment.. bitcoin remains the main game in town in regards to decentralized and secure computing power...

Yeah, there are some noises coming from the Ethereum space - and yeah, we will see how long that noise lasts.. no big deal to me if ETH becomes something great and becomes a bitcoin replacement, but it is not even anywhere near that point yet.. and really ETH seems to be the one crypto that currently fits the beanie baby analogy, rather than bitcoin.... but it could take a few months to see this semblance of competition play out.. in which bitcoin is going to likely continue as the substantive choice.. Anyhow Ahpku, you likely know better than that, but you are merely saying this beanie baby bullshit in order to distract from relevant discussion and distort reality.. .

[JayJuanGee]

"most of us should realize that you are a nut job, or at least you have nut job propagandistic thinking"

You have to admit, that's special. I'd like to meet someone with "nut job propagandistic thinking".

Look in the mirror.      

[JayJuanGee]

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.

In either case, I would zoom out a little more.

While a lot of you fud dud chicken littles were crying that the sky is falling, Bitcoin went from $4403 to $470 and then corrected a few times down to $435 and now is floating in the lower $440's which is remains about a 10% gain (of $40)... Good luck bringing us back down below $400 without some real major FUCD spreading.   

[adamstgBit]

its the complete lack of any volume that i dont like. its not so much about any particular price swing up or down but the fact that volume is more or less dead.

volume is just fine...

http://bitcoincharts.com/charts/chart.png?width=940&m=bitfinexUSD&SubmitButton=Draw&r=360&i=&c=0&s=&e=&Prev=&Next=&t=S&b=&a1=&m1=10&a2=&m2=25&x=0&i1=&i2=&i3=&i4=&v=1&cv=1&ps=0&l=0&p=0&

look at Sept and Oct 2015
that was a low volume low volatility period.
we are currently seeing reasonable volume at the very end of a consolidation period, consolidation from the move up from 200's to 400's
ETH is on its last leg, when it starts correcting demand for bitcoin will sky rocket.
people will want to buy bitcoin to take advantages of falling ETH prices, while other people will want to be HODLING bitcoin waiting for ETH bottom.
lucky for BTC holders, ETH prices will fall lower and lower and lower and there will be no bottom!

[adamstgBit]

I believe BTC price is about to snap back to 460.
i expect a big green dildo today.

[JayJuanGee]

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 .

Good thing that bitcoiners don't rely on you dumbztec to describe community sentiment because you seem to be making things up from whole cloth...

Yes, there are ups and downs during any given week, and bitcoin went down about $10 over the past week.. but really that is merely in the contexts of ups and downs.. and if you zoom out, we have about 2.5 months of decent upwardly progress .. and yep, likely going to be breaking above $500 soon, which didn't you say was "never" going to happen?  Oh yeah, I forgot, your changing your story in order that you can be "right." 

would be funny,  if you weren't so full of it.   

[adamstgBit]

[Denker]

I believe BTC price is about to snap back to 460.
i expect a big green dildo today.

Yeah I think so as well.Maybe not today but soon.
Another increase won't be long in coming.
Eth is losing steam now.This will be very interesting to watch.
How many will just cash out or switch back to Bitcoin due to halving speculation?

[adamstgBit]

I believe BTC price is about to snap back to 460.
i expect a big green dildo today.

Yeah I think so as well.Maybe not today but soon.
Another increase won't be long in coming.
Eth is losing steam now.This will be very interesting to watch.
How many will just cash out or switch back to Bitcoin due to halving speculation?

we'll see a huge amount of money wanting to come back into BTC as fresh fiat is also buying in while the majority of coins are in HODLERs strong hands.

[dumbfbrankings]

Transaction fees have doubled (or tripled) in less than 3 days gentlemen. Look at all that room for growth!

[USB-S]

Transaction fees have doubled (or tripled) in less than 3 days gentlemen. Look at all that room for growth!

Long live bitcoin!!

[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 .

Good thing that bitcoiners don't rely on you dumbztec to describe community sentiment because you seem to be making things up from whole cloth...

Yes, there are ups and downs during any given week, and bitcoin went down about $10 over the past week.. but really that is merely in the contexts of ups and downs.. and if you zoom out, we have about 2.5 months of decent upwardly progress .. and yep, likely going to be breaking above $500 soon, which didn't you say was "never" going to happen?  Oh yeah, I forgot, your changing your story in order that you can be "right."  

would be funny,   if you weren't so full of it.  

yep. i figured today was a wonderful day to post a big huge FUD post . the doom is on foos .. better sell before ur the last one holding . i see we have not broken $500 yet, or $300  for months and months just as i have predicted... btc gives small run ups and then dumps it again then goes sideways . ya all are in the exact same spot you were weeks ago the last time i posted in here .

[TooDumbForBitcoin]

Transaction fees have doubled (or tripled) in less than 3 days gentlemen. Look at all that room for growth!

Shocking!  Typical $500 transaction costs $0.04 in fees!!  This burden will sink bitcoin.

[ahpku]

Shocking!  Typical $500 transaction costs $0.04 in fees!!  This burden will sink bitcoin.

Typical BTC $0.01 transaction costs $0.04 in fees!!
Typical $500 real money transaction: costs $0.00 in fees!!
Typical ETH transaction: costs $0.00 in fees!!

[twunkle]

Shocking!  Typical $500 transaction costs $0.04 in fees!!  This burden will sink bitcoin.

Typical BTC $0.01 transaction costs $0.04 in fees!!
Typical $500 real money transaction: costs $0.00 in fees!!
Typical ETH transaction: costs $0.00 in fees!!

Indeed missing value for eth, as you dont know how much you are paying 

[600watt]

Shocking!  Typical $500 transaction costs $0.04 in fees!!  This burden will sink bitcoin.

Typical BTC $0.01 transaction costs $0.04 in fees!!
Typical $500 real money transaction: costs $0.00 in fees!!
Typical ETH transaction: costs $0.00 in fees!!

typical bitcointalk-troll: costs time to put on ignore list.

[dumbfbrankings]

Shocking!  Typical $500 transaction costs $0.04 in fees!!  This burden will sink bitcoin.

This kind of holistic, forward thinking analysis is gonna make you RICH! Mewn Sewn!