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

[savetherainforest]

No spelling errors and no capitalization.  How much did you pay for that account?

He seems to be ... high? ... or dunno.. maybe he is bored.

Anyway... I see pensions funds all over the world going down the toilet... I think is it.. this is the crisis reason! .. pump expected! 

[JimboToronto]

Good morning Bitcoinland.

Sideways is good. $584 on BitcoinAverage.

That lazy hazy crazy daze of summer is still here (at least in the northern hemisphere).

Iced coffee anyone?

[julian071]

No spelling errors and no capitalization.  How much did you pay for that account?

He seems to be ... high? ... or dunno.. maybe he is bored.

Anyway... I see pensions funds all over the world going down the toilet... I think is it.. this is the crisis reason! .. pump expected!  

Hehe almost every single one of your posts expects a pump. However I am of the same sentiment today. Europe wants to go higher again, looking at Kraken.

Edit: one iced coffee for me please, it's pretty hot here in NL atm.

[JimboToronto]

one iced coffee for me please, it's pretty hot here in NL atm.

All that snow you had a couple of weeks ago has melted?

[julian071]

one iced coffee for me please, it's pretty hot here in NL atm.

All that snow you had a couple of weeks ago has melted?

I think you are mistaking NL with another country. I haven't seen proper snow for years. Snowy landscapes in NL are only to be found on old pictures dating back before our love of fossil fuels.

[JimboToronto]

All that snow you had a couple of weeks ago has melted?

I think you are mistaking NL with another country. I haven't seen proper snow for years. Snowy landscapes in NL are only to be found on old pictures dating back before our love of fossil fuels.

I was referring to this: http://nyuzer.com/2016/08/11/overnight-temperatures-drop-0-twente as posted 2 weeks ago by savetherainforest.

I guess I was overstating when I said "all that snow". It was really just a dusting of frost as unseasonable as it was.

Here in Ontario we still get 4 seasons with temperatures ranging from <-40C to >+40C. Today it's a little cooler... only 32C humidex.

Thank gawd for modern air conditioning. It's easier to build a heater out of sticks and stones than try to build an AC.

[JayJuanGee]

Volume rankings: #9 Bitfinex BTC/USD 1.23 % http://coinmarketcap.com/currencies/bitcoin/#markets

 Soon...

I'm not sure whether this information matters too much, at the time being.

We need to see a bit of volume across all exchanges before we attempt to jump to any conclusions about anything.

I will concede, however, that it appears that some folks have moved to other exchanges (off of Bitfinex)... but we need to get some volume before we attempt to hammer any coffin nails. 

[BathSaltsDealer]

[...] it appears that some folks have moved to other exchanges (off of Bitfinex)... but we need to get some volume before we attempt to hammer any coffin nails.  

There will be no drama at the End. No drawn-out funeral processions with weeping black-veiled women, no stoic undertakers in opera hats with those weird mourning veils, no funeral dirges swelling, no nails getting pounded into coffins (AFAIK, that sort of thing went out in the 1800s, and even then -- only for the terminaly poor. Driving nails through the lacquered and hand-rubbed lid of Perma-Seal Stainless Steel Princess Deluxe? Ugh! Unthinkable.) or hysterical widows throwing themselves into the grave.

This isn't gonna be like that. It's gonna be exactly like this: Everyone leaves, in a couple of weeks the neighbors start complaining about the nasty stench coming from 4b.

Source: All crypto coins/projects ever.

[JayJuanGee]

[...] it appears that some folks have moved to other exchanges (off of Bitfinex)... but we need to get some volume before we attempt to hammer any coffin nails.  

There will be no drama at the End. No drawn-out funeral processions with weeping black-veiled women, no stoic undertakers in opera hats with those weird mourning veils, no funeral dirges swelling, no nails getting pounded into coffins (AFAIK, that sort of thing went out in the 1800s, and even then -- only for the terminaly poor. Driving nails through the lacquered and hand-rubbed lid of Perma-Seal Stainless Steel Princess Deluxe? Ugh! Unthinkable.) or hysterical widows throwing themselves into the grave.

This isn't gonna be like that. It's gonna be exactly like this: Everyone leaves, in a couple of weeks the neighbors start complaining about the nasty stench coming from 4b.

Source: All crypto coins/projects ever.

Probably, we should just agree to disagree because part of my earlier point was that Bitfinex is not going from the largest volume USD/BTC exchange into significant obscurity in any kind of expedited manner...

The chances of that occurring are very low, indeed.

You, on the other hand, appear to be assuming such an expedited and inevitable death of Bitfinex, with pure fantasyland conjecture.

I am not attempting to suggest that the Bitfinex folks are angels or that their story even adds up or that they are not continuing to scam us; however, they currently seem to have too many irons in the fire in order to increase the likelihood that they are going to continue to milk this matter, to the extent that they can - whether their story is plausible or not; whether they are going to run away with the money or not; or whether they just fade away, as you seem to be suggesting within your weak-ass indirect attempts at poetry.  

[mymenace]

didn't think adam would sell his account

mmmm... yeah... that kind of comments are not adam's comments... shit happens!

How hard is it to believe Adam just comes here to pump shitcoins now?

not shitcoins, shitcoin.
there's a difference.
anyway its not about the shitcoin itself its about what the shitcoin represents.
seriously, this is a very cool thing ( OMNI ) the coin itself isn't all that interesting its the functionality the "OMNI layer" provides thats exciting.
basically "OMNI layer" resides on the bitcoin blockchain
it allows you to create assets on the blockchain
it also provides a decentralized exchange for these assets.
grab a front row seat.
its going to be a good show.

yes it is a fascinating development, http://www.rsk.co/ is another one doing smart contracts on the blockchain, great news for bitcoin with all these developers showing the dream - a basic decentralised finance of exchange (btc) that can be built upon to build a decentralised financial economy

[adamstgBit]

didn't think adam would sell his account

mmmm... yeah... that kind of comments are not adam's comments... shit happens!

How hard is it to believe Adam just comes here to pump shitcoins now?

not shitcoins, shitcoin.
there's a difference.
anyway its not about the shitcoin itself its about what the shitcoin represents.
seriously, this is a very cool thing ( OMNI ) the coin itself isn't all that interesting its the functionality the "OMNI layer" provides thats exciting.
basically "OMNI layer" resides on the bitcoin blockchain
it allows you to create assets on the blockchain
it also provides a decentralized exchange for these assets.
grab a front row seat.
its going to be a good show.

yes it is a fascinating development, http://www.rsk.co/ is another one doing smart contracts on the blockchain, great news for bitcoin with all these developers showing the dream - a basic decentralised finance of exchange (btc) that can be built upon to build a decentralised financial economy

ya these things are pretty cool
each project takes a different spin on it,
this one has a coin with a two way peg.
OMNI has USDT.
Ether Tries to do it all. ( but has its own blockchain... which has proved to be week  )
It's going to be interesting to see these projects grow / compete.

[savetherainforest]

one iced coffee for me please, it's pretty hot here in NL atm.

All that snow you had a couple of weeks ago has melted?

I think you are mistaking NL with another country. I haven't seen proper snow for years. Snowy landscapes in NL are only to be found on old pictures dating back before our love of fossil fuels.

I think that depiction is from the Maunder Minimum on that french river ... hmmm... Siena? ... or something like that ... Anyway... This sideways sh!tshow is starting to piss me off... Just rip off the damn f'ing band-aid already and don't accept a price lower than 700$coco ... hmmm... ok?.. China.. u hearing me?

[Torque]

didn't think adam would sell his account

mmmm... yeah... that kind of comments are not adam's comments... shit happens!

How hard is it to believe Adam just comes here to pump shitcoins now?

not shitcoins, shitcoin.
there's a difference.
anyway its not about the shitcoin itself its about what the shitcoin represents.
seriously, this is a very cool thing ( OMNI ) the coin itself isn't all that interesting its the functionality the "OMNI layer" provides thats exciting.
basically "OMNI layer" resides on the bitcoin blockchain
it allows you to create assets on the blockchain
it also provides a decentralized exchange for these assets.
grab a front row seat.
its going to be a good show.

yes it is a fascinating development, http://www.rsk.co/ is another one doing smart contracts on the blockchain, great news for bitcoin with all these developers showing the dream - a basic decentralised finance of exchange (btc) that can be built upon to build a decentralised financial economy

ya these things are pretty cool
each project takes a different spin on it,
this one has a coin with a two way peg.
OMNI has USDT.
Ether Tries to do it all. ( but has its own blockchain... which has proved to be week   )
It's going to be interesting to see these projects grow / compete.

Actually Adam, no it's not interesting. At all.

Every new shitcoin that comes out has some sort of new "angle" or "tech twist" that the pumpers know they can exploit one day.  They buy a lot of the shit on the low for the first 6 months after launch, all the while looking for a way to hack/exploit it.  Once they have the perfect exploit in their back pocket, they run the coin up to the moon, all the while touting the "gee-whiz-it's-better-than-anything-else-especially-dinosaur-bitcoin" features.  All the n00b suckers pile in, wishing and hoping for dreams of riches, gloating that it'll take over everything 'cause it's 2.0.

Then, out of nowhere, the hack/exploit happens. The pumpers short the market, crash the coin, and all the fools watch as the price of the shitcoin plummets back to earth.

It's the same shit over and over.  Wash, rinse, repeat.

When will people ever learn?

[dumbfbrankings]

When will people ever learn?

On the way to the Porsche dealer? Who happened to have a 997 GT3 in iCEwhite with controversial steel brakes?

[Tzupy]

This is bearish...
https://www.cryptocoinsnews.com/baidus-slap-bitcoin-ban-wake-call/

[InitcoiN]

be careful, high potential to go short now... Touching upper side of a big triangle.

[adamstgBit]

didn't think adam would sell his account

mmmm... yeah... that kind of comments are not adam's comments... shit happens!

How hard is it to believe Adam just comes here to pump shitcoins now?

not shitcoins, shitcoin.
there's a difference.
anyway its not about the shitcoin itself its about what the shitcoin represents.
seriously, this is a very cool thing ( OMNI ) the coin itself isn't all that interesting its the functionality the "OMNI layer" provides thats exciting.
basically "OMNI layer" resides on the bitcoin blockchain
it allows you to create assets on the blockchain
it also provides a decentralized exchange for these assets.
grab a front row seat.
its going to be a good show.

yes it is a fascinating development, http://www.rsk.co/ is another one doing smart contracts on the blockchain, great news for bitcoin with all these developers showing the dream - a basic decentralised finance of exchange (btc) that can be built upon to build a decentralised financial economy

ya these things are pretty cool
each project takes a different spin on it,
this one has a coin with a two way peg.
OMNI has USDT.
Ether Tries to do it all. ( but has its own blockchain... which has proved to be week   )
It's going to be interesting to see these projects grow / compete.

Actually Adam, no it's not interesting. At all.

Every new shitcoin that comes out has some sort of new "angle" or "tech twist" that the pumpers know they can exploit one day.  They buy a lot of the shit on the low for the first 6 months after launch, all the while looking for a way to hack/exploit it.  Once they have the perfect exploit in their back pocket, they run the coin up to the moon, all the while touting the "gee-whiz-it's-better-than-anything-else-especially-dinosaur-bitcoin" features.  All the n00b suckers pile in, wishing and hoping for dreams of riches, gloating that it'll take over everything 'cause it's 2.0.

Then, out of nowhere, the hack/exploit happens. The pumpers short the market, crash the coin, and all the fools watch as the price of the shitcoin plummets back to earth.

It's the same shit over and over.  Wash, rinse, repeat.

When will people ever learn?

this time its different.
this time the shitcoin isn't trying to "take over everything 'cause it's 2.0"
the coin depends on bitcoin...

how would you like to trade BTC/USD in a decentralized way?
maybe you need to create a token to represent shares in your company and automatic pay out BTC dividends to holder, and do this WITHOUT a third party
decentralized crowd sale!
you like? bitcoin provides!

ethereum does Some of this but it created its own blockchain ( and that worked out REAL nice didnt )
OMNI layer is on the bitcoin blockchain, and uses bitcoin addresses and bitcoin TX to do its thing..
what's good for OMNI is good for bitcoin and vis versa.

this is permissionless innovation at its finest.

[adamstgBit]

i think we'll see a shift soon if the shitcoin isn't embedded on bitcoin's blockchain in some way its going to be totally irrlevent.

Maidsafe is and OMNI layer coin
Synereo
Tether <- ( FIAT on the blockchain! )
etc...

counterparty is also doing somthing similar, but they appear to be more focused on smart contracts ( which we know dont really work well.... a contract is not meant to be code, its simply an agreement to which meaning is implied and enforced by rule of law not rule of buggy code ) but i believe that because its on the blockchain it will be possible for OMNI and Counterparty assets(or "smart property") to integrate with each other.

[Torque]

---->>>>>>  this time its different.

This is the exact sentiment the pumpers need/use to convince the fools the buy in.

95% of the time, the Madness of Crowds works every time. And is even made with bits of real panther!

[Labumi]

---->>>>>>  this time its different.

This is the exact sentiment the pumpers need/use to convince the fools the buy in.

95% of the time, the Madness of Crowds works every time. And is even made with bits of real panther!

I think that this is not a good thing to do ", because it could give the effect that simply make life they slumped, indeed it just has the effect of temporarily when they want to be patient, but the victim is someone who needs funds fast then it's something that is detrimental. keep it running well and never grow because you drop someone