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

[European Central Bank]

Has anybody thought that price is rising because deposits to exchanges can't come through the 45k+ pending txs mempool?

i'd guess that many coins, and almost all fiat, never leaves the major exchanges. it moves between the accounts of the same old bunch of traders.

[freshman777]

Has anybody thought that price is rising because deposits to exchanges can't come through the 45k+ pending txs mempool?

i'd guess that many coins, and almost all fiat, never leaves the major exchanges. it moves between the accounts of the same old bunch of traders.

Maybe, maybe not. If many people want to cash out their cold wallets - they may have had issues in the past 24 hours. It's only a theory, I don't insist.

[European Central Bank]

Maybe, maybe not. If many people want to cash out their cold wallets - they may have had issues in the past 24 hours. It's only a theory, I don't insist.

very possible but also a kinda stupid time to sell. if you've been waiting months or years to sell you should be together enough to wait to see what happens with the current bullishness.

[mixan]

Has anybody thought that price is rising because deposits to exchanges can't come through the 45k+ pending txs mempool?

Yes I was just thinking the same thing.  

I have $394 worth of bitcoin stuck in the blockchain sent to me since last night and has been over 16 hours without a confirmation yet.
It must be part of that or else I don't know what else it could be.

[Fakhoury]

Not to jinx it but if we get past $778 we will see what we did in 2013.

Are the odds in our side brother ?

[GreekGeek]

(small to moderate) correction coming @ ~780 USD     

[JayJuanGee]

Nooo... i'm getting my paycheck this friday, i wanna buy cheap coins 1 more time.

You have had plenty of opportunities to buy cheap coins...


At some point, this rocket has got to leave the launch pad, and maybe, just maybe this could be it.

[JayJuanGee]

Has anybody thought that price is rising because deposits to exchanges can't come through the 45k+ pending txs mempool?

Yes I was just thinking the same thing.  

I have $370 worth of bitcoin stuck in the blockchain sent to me since last night and has been over 16 hours without a confirmation yet.
It must be part of that or else I don't know what else it could be.

First time for me, too.  The longest that I had previously was maybe almost 3 hours.

My current transaction has been stuck for about 18 hours, as I type, and zero confirmations.

The mempool is still looking full, and actually a little bit more full than it was 18 hours ago.

I'm thinking that there is some kind of spam attack going on, because exponential peaks, like this, just do not make much sense.

[petahashminer]

Are the odds in our side brother ?

I don't count on such things. But it would be exciting if we had a 10x rise like in 2013.

lol

10x rise is so fine for me.

5x rise is fine too.

[JimboToronto]

Good morning Bitcoinland.

Still creeping up I see... $669 0n Bitcoinaverage.

Let's keep this rise nice and steady. No skyrocket and fizzle, just a smooth ramp up.

Okay, I realize there's no smooth ramp with Bitcoin but at least we can hope for a less extreme roller coaster.  

[Gillette]

Are the odds in our side brother ?

I don't count on such things. But it would be exciting if we had a 10x rise like in 2013.

2X rise is ok for me 

[Karartma1]

Good morning Bitcoinland.

Still creeping up I see... $669 0n Bitcoinaverage.

Let's keep this rise nice and steady. No skyrocket and fizzle, just a smooth ramp up.

Okay, I realize there's no smooth ramp with Bitcoin but at least we can hope for a less extreme roller coaster.  

I vote for a smooth ramp up likewise Jimbo. Even though the crazy Bitcoin train is, simply, crazy! 
I am happy guy if I will find a 1000 dollar price under the Christmas tree this year. Santa can do this for us, don't you think?

[podyx]

I sent a transaction like 2 hours ago and it still hasn't confirmed. What the fuck is going on? Blocks are full, I know but the last block was .75 MB

[LFC_Bitcoin]

Good morning Bitcoinland.

Still creeping up I see... $669 0n Bitcoinaverage.

Let's keep this rise nice and steady. No skyrocket and fizzle, just a smooth ramp up.

Okay, I realize there's no smooth ramp with Bitcoin but at least we can hope for a less extreme roller coaster.  

Yeah I'd much prefer a 50 USD increase per month or something
Meteoric rises followed by big dumps are no good.

[MinermanNC]

Good morning Bitcoinland.

Still creeping up I see... $669 0n Bitcoinaverage.

Let's keep this rise nice and steady. No skyrocket and fizzle, just a smooth ramp up.

Okay, I realize there's no smooth ramp with Bitcoin but at least we can hope for a less extreme roller coaster.  

I vote for a smooth ramp up likewise Jimbo. Even though the crazy Bitcoin train is, simply, crazy! 
I am happy guy if I will find a 1000 dollar price under the Christmas tree this year. Santa can do this for us, don't you think?

Just thinking about that has me in the Christmas spirit already and dreams of Nov 2013 dancing in our heads lol we don't ask for much from Santa 

[matt4054]

I sent a transaction like 2 hours ago and it still hasn't confirmed. What the fuck is going on? Blocks are full, I know but the last block was .75 MB

This is basically what's going on, and it doesn't look good for the future panic buys

https://www.bitcoinqueue.com/details/2d.html

[Torque]

I find this steady rise insanely, and I mean *insanely* coincidental to not only getting closer and closer to the U.S. Presidential election result, but also a prelude to turning the corner into 2017, which will likely be the most disastrous that world markets will have seen since 2009. If not 2017, then 2018 will be for sure.

A little too coincidental not to be completely correlated.  I feel the pressure cooker already building.

All I can say is, when 2017 finally comes....  

[aztecminer]

hey everyone: if your waiting on your bitcoin transaction to get through the 50,000 btc transaction traffic jam wait in line queue, here are some things you can do to speed up the process:

a week from next tuesday the stars will start to align. this will provide best opportunity of having the extra luck to push your bitcoin transaction through the 50,000 btc wait in line queue. i would suggest that to maximize your chances of getting your stuck transaction through bitcoins blockchain traffic jam that you start doing indian rain dances starting this weekend. do not stop doing the rain dances until the power of V akman from above brute forces your bitcoin transaction through... one last piece of advice: be patient, V akman is very busy helping all the V akman rain dancers get their bitcoin transactions through.

i'm like a legendary bitcoin super-hero now, showing up in the last moments to help out fellow bitcoiners in their times of need.

[podyx]

I sent a transaction like 2 hours ago and it still hasn't confirmed. What the fuck is going on? Blocks are full, I know but the last block was .75 MB

This is basically what's going on, and it doesn't look good for the future panic buys

https://www.bitcoinqueue.com/details/2d.html

Could this stall the price? Also when is my transaction likely to go through, need it quick as I'm opening an order with leverage

[aztecminer]

I sent a transaction like 2 hours ago and it still hasn't confirmed. What the fuck is going on? Blocks are full, I know but the last block was .75 MB

https://blockchain.info/unconfirmed-transactions?show_adv=true


see my previous post fellow bitcoiner!