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

[empowering]

..... how is everybody?  

[Tzupy]

Huobi running out of steam...

[pariahbit]

Relative market volume is higher.

If you want to invent metrics to suit your case and use "relative market volume" as a measure then I think you'll find you got blown away by YB Coin which had 32 times more "Relative market volume" than Ethereum  

That's why market volume is only relevant when huge spreads develop, i.e. you can't sell enough of your coin @spot. Clearly that's not the case for ETH, it's growing at an astounding rate, the price is skyrocketing. Bitcoin, OTH? Struggling to stay 1/2 its ATH
And that's OK, because it's not about money. BTC has a thriving, vibrant community

Edit: but feel free to explain to me how "Ethereum's gain (against $USD) is because people are buying BTC, not Ether" works

[Elwar]

Relative market volume is higher.

If you want to invent metrics to suit your case and use "relative market volume" as a measure then I think you'll find you got blown away by YB Coin which had 32 times more "Relative market volume" than Ethereum 

That's why market volume is only relevant when huge spreads develop, i.e. you can't sell enough of your coin @spot. Clearly that's not the case for ETH, it's growing at an astounding rate, the price is skyrocketing. Bitcoin, OTH? Struggling to stay 1/2 its ATH
And that's OK, because it's not about money. BTC has a thriving, vibrant community

Just paid my hosting service with bitcoins.

Which service accepts ethereums?

[pariahbit]

Relative market volume is higher.

If you want to invent metrics to suit your case and use "relative market volume" as a measure then I think you'll find you got blown away by YB Coin which had 32 times more "Relative market volume" than Ethereum  

That's why market volume is only relevant when huge spreads develop, i.e. you can't sell enough of your coin @spot. Clearly that's not the case for ETH, it's growing at an astounding rate, the price is skyrocketing. Bitcoin, OTH? Struggling to stay 1/2 its ATH
And that's OK, because it's not about money. BTC has a thriving, vibrant community

Just paid my hosting service with bitcoins.

Which service accepts ethereums?

Just paid for everything I buy with CC. Gives me buyer protection and cash back.
If it's about merchant acceptance, go fiat

[spike420211]

I was expecting a Monday Morning crash/downturn.
NOPE.
my 0.6514864 BTC on Coinbase, once @ $346 10 days ago,
is now at $455.
Can't complain...

[marcus_of_augustus]

I don't care what Altcoin you want to follow but go somewhere else to talk about it thanks ... look at the title where does that say Altcoin discussion?? ... I have no problem with Altcoins but stop being shilling ignorant annoying impolite little fucks and take it somewhere else ... thanks, don't be disrespectful to your hosts, i know you are all excited but be good little puppies and go piss on the mat that was laid out for you at the right place.

[spike420211]

Just paid for everything I buy with CC. Gives me buyer protection and cash back.
If it's about merchant acceptance, go fiat

You can't get buyer protection from a debit card?
[Shift on Coinbase comes to mind]
Just make sure you pay your CC ON TIME
and GTFO b4 the fees hit...

[rjclarke2000]

What was the ATH? 1200 and something but what?

I didn't hold many bitcoins last time round.

[pariahbit]

Just paid for everything I buy with CC. Gives me buyer protection and cash back.
If it's about merchant acceptance, go fiat

You can't get buyer protection from a debit card?
[Shift on Coinbase comes to mind]
Just make sure you pay your CC ON TIME
and GTFO b4 the fees hit...

I can't get cash back (free money) from my debit card, but yeah, I use that too.
Why would I want to buy BTC, pay fees, all to turn it back into fiat with Shift/ Coinbase debit card, when my CC lends me money for free & pays me to spend it?

>pay your CC ON TIME
Yeah, that's what I've been doing. Paying my debts on time. Does that sound like an unusual concept 2 u?

[toknormal]

Edit: but feel free to explain to me how "Ethereum's gain (against $USD) is because people are buying BTC, not Ether" works

Certainly.

Ever taken a train ride ? Well if the train's travelling at 80 MPH and you take a stroll to the buffet car for a coffee, you'll actually be doing around 82MPH - 2MPH faster than the train.

There's a reason that every exchange expresses all alt-coin values in one denomination only and thats because one coin serves as the front door for this entire market.

(And it ain't no Lego-Coin)  

[Rampion]

Relative market volume is higher.

If you want to invent metrics to suit your case and use "relative market volume" as a measure then I think you'll find you got blown away by YB Coin which had 32 times more "Relative market volume" than Ethereum 

That's why market volume is only relevant when huge spreads develop, i.e. you can't sell enough of your coin @spot. Clearly that's not the case for ETH, it's growing at an astounding rate, the price is skyrocketing. Bitcoin, OTH? Struggling to stay 1/2 its ATH
And that's OK, because it's not about money. BTC has a thriving, vibrant community

Just paid my hosting service with bitcoins.

Which service accepts ethereums?

Regardless of that, Ethereum is bad money. There's no issuance plan (or let's say there is a new issuance plan every 2 months) nor a limit to ether supply, Vitalik will generate more ether (or not) as he sees fit. At the end of the day he is a de facto central banker, like it or not. Bitcoin's value proposal is the opposite: finite supply and predictable issuance rate - and that's what makes Bitcoin sound money.

[pariahbit]

Edit: but feel free to explain to me how "Ethereum's gain (against $USD) is because people are buying BTC, not Ether" works

Certainly.

Ever taken a train ride ? Well if the train's travelling at 80 MPH and you take a stroll to the buffet car for a coffee, you'll actually be doing around 82MPH - 2MPH faster than the train.

There's a reason that every exchange expresses all alt-coin values in one denomination only and thats because one coin serves as the front door for this entire market.

(And it ain't no Lego-Coin)  

>There's a reason that every exchange expresses all alt-coin values in one denomination only
http://s32.postimg.org/x6d1odzdh/Capture.jpg
presto change-o!
http://s32.postimg.org/jnf1l0vv9/Capture.jpg
>Ever taken a train ride ?
You eat a lot of acid huff a lot of gas, Miller, back in the hippie days?

>thats because one coin serves as the front door
Lol, Most exchanges have ETH/USD pairs. Welcome to 2016

[DaRude]

Edit: but feel free to explain to me how "Ethereum's gain (against $USD) is because people are buying BTC, not Ether" works

Certainly.

Ever taken a train ride ? Well if the train's travelling at 80 MPH and you take a stroll to the buffet car for a coffee, you'll actually be doing around 82MPH - 2MPH faster than the train.

There's a reason that every exchange expresses all alt-coin values in one denomination only and thats because one coin serves as the front door for this entire market.

(And it ain't no Lego-Coin)  

What if it's a BTC train and i'm in a first car, and etherpoop is a buffet car, which is trailing all the way in the back of the train? Then i'll be moving slower than the train. I like this analogy

[empowering]

This place is still as nutty as fuck.

[BlindMayorBitcorn]

This place is still as nutty as fuck.

 

[LawrenceOfSomalia]

This place is still as nutty as fuck.

The life of a repo man is always intense.

[toknormal]

You eat a lot of acid huff a lot of gas, Miller, back in the hippie days?

Hey - I don't want to criticise your investment preferences. Just sayin.

Like I say - both have distinct markets and both are likely perfectly viable  

[DaRude]

I'm sorry this is the express train, there will be no stop at $600

Just wanted to quote myself here

[afbitcoins]

Will there be resistance at the top of this fork ?