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

[JayJuanGee]

last time we didn't know what to expect, and this time we are headed into it with another unpredictable complication a very stubborn limit on transaction volume.

I think it's going to have a negative effect on growth, but we have to wait and see how it plays out. I hope you are all here to play the next one 4 years from now. 

Pretty much a non-factor in terms of limiting growth of bitcoin and upcoming expected transactions. 

Accordingly, there are timely scaling solutions in the pipeline, and various assertions over the past 6 months or so regarding some kind of actual technical problem have been largely overstated and exaggerated, and most BTC knowledgeable investors have come to realize that the scaling issue hype has been largely price suppression propaganda more than any actual or meaningful technical problem in bitcoin.... funny how people want to continue to talk about this scaling matter as if it is some kind of thing that is currently negative for bitcoin rather than the actuality that it is bullish for bitcoin because of the realization that a lot of that was price suppression bullshit.

[AliceGored]

last time we didn't know what to expect, and this time we are headed into it with another unpredictable complication a very stubborn limit on transaction volume.

I think it's going to have a negative effect on growth, but we have to wait and see how it plays out. I hope you are all here to play the next one 4 years from now. 

Pretty much a non-factor in terms of limiting growth of bitcoin and upcoming expected transactions. 

Accordingly, there are timely scaling solutions in the pipeline...

No kidding, it's like he knows nothing about segwit in April.

[AmazonStuff]

Dragon want $700 2nite?   He's gonna have to get through those 2200 coins at $650 first.

When BTC goes up, I don't see dragons, I see this scene It actually describes what is going on at that moment on BTC market, bears are on their knees, engines are roaring loud and what we had few moments before was a flat line like the ocean in the scene

https://www.youtube.com/watch?v=jWcaAmTO2TE

P.S. No, I don't use drugs nor I have visions or mental issues (Or I'm not aware of those)  

[hatshepsut93]

Who else is tired of this 630 bullshit? We need 680 in the next 24h

[podyx]

Who else is tired of this 630 bullshit? We need 680 in the next 24h

[savetherainforest]

This is a kind of good price (with current block reward) for miners given certain conditions are met and these are:
.low electricity rates
.high-end cooling systems
.powerful asics coming in at a slower rate.

But after the halving for today's miners to be profitable (and willing to contribute to the network) this price is not enough. It should be well beyond 1000$


I mean anyone can do the maths

Keep telling yourself that if it makes you feel better.

But!!!...

(1) Free electricity because... courtesy of the communist party.

(2) Hardware Manufacturers located in China. Meaning that even if they get 2nd hand, cheap and custom made hardware equipment, they have no border VAT tax, or probably they get their sh!t free.. again.. courtesy of the communist party!

(3) Hearing all these... you should not expect a normal, stable and predictable growth! ... Try to think you are playing against a psychopath holding tons of bitcoins and infinite fiat, courtesy of the communist party ... again! ... They can't lose fiat .. I explained this like 20 pages ago.... If the exchange is in China... cooperating with a China bank... that just means that the bank can just hold the cash and without even moving it. Meaning the bank holding the bag can't lose... and the China Gov will pay anything to their people since they hold a check in blank! .. And coming back to my psychopath! ... China does this on purpose to rip of the investors (their people!) ... So basically expect unexpected mindF*** games, House of Cards style! F.rank U.nderwood is proud of China!

Prepare yourself mentally for many of those "Aham moments!" ... and "Surprise MotherF*%@&!$!!!" moments! ... For them is just a game where insider trading is a common practice!

[lord raiden]

Who else is tired of this 630 bullshit? We need 680 in the next 24h

WORD. we building up a symetric triangle comimg from up.
so symetric tryangles can break through both directions.. so the chance is 50/50... had somone a coin to flip `?

http://forextradingstrategies4u.com/wp-content/uploads/2015/06/symmetrical-triangle-chart-patterns.jpg

[_nur]

where is 1000/btc??? 😠

[matt4054]

Keep calm and hodl on.

Sustaining 630 after the rush in the last two weeks is not bad at all IMO.

[strawbs]

Who else is tired of this 630 bullshit? We need 680 in the next 24h

$650 now. Perhaps someone was listening.

[AmazonStuff]

Who else is tired of this 630 bullshit? We need 680 in the next 24h

$650 now. Perhaps someone was listening.

Someone in China

[marcus_of_augustus]

Who else is tired of this 630 bullshit? We need 680 in the next 24h

$650 now. Perhaps someone was listening.

Someone in China

Where else ... Lawsky basically banned bitcoin by proxy (or at least regulated it into oblivion) from the USA for his banker masters.

[_nur]

there u go... come on guys pump!

[abercrombie]

China Central Bank new fee policy for online payments

https://twitter.com/cnLedger/status/748445824137342976

[poncom]

Who else is tired of this 630 bullshit? We need 680 in the next 24h

$650 now. Perhaps someone was listening.

I'm sick of this $625 to $660 bullshit. We need $700+ in the next hour.

Perhaps some whale is listening and will do another pump. This $625 to $660 bullshit could continue up to the halving otherwise.

[JayJuanGee]

last time we didn't know what to expect, and this time we are headed into it with another unpredictable complication a very stubborn limit on transaction volume.

I think it's going to have a negative effect on growth, but we have to wait and see how it plays out. I hope you are all here to play the next one 4 years from now. 

Pretty much a non-factor in terms of limiting growth of bitcoin and upcoming expected transactions. 

Accordingly, there are timely scaling solutions in the pipeline...

No kidding, it's like he knows nothing about segwit in April.

That's correct.

Even if Seg wit were not to go live until April 2017, bitcoin would likely still be fine for growth and value transfer and security, including immutability and permissionless censorship resistance peer to peer banking.



THAT'S

RRRRRRIIIIIIIIIIIIGGGGGGGHHHHHHTTTTTTTY!!!!

[Dotto]

Do not disturb the dragon

[marcus_of_augustus]

[marcus_of_augustus]

[BeefUsher]

Do not disturb the dragon

He shook his head. “My advice to you, my violent friend, is to seek out gold and sit on it.”
"Personally," he said, "my great ambition is to count all this," --he waved vaguely at the treasure around him--"and possibly sort it into piles." --The Dragon (he was not a friend)