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

[Killerpotleaf]

feel free to drop it lower bears

come grab my sexy fiat  

[JayJuanGee]

lol crazy talk...

anyway.
 

I'd bet the bears dont have a good plan for what to do if prices goes up.  resistance at 945 will be weak 

They will probably turn bulls on the west exchanges and find ways to dump on the east ones!

silly bears...

thought they could win.

Are you ultimately of the belief that they are running out of coins?  Fewer and fewer coins to sell and fewer and fewer folks willing to give up their coins.. maybe until the upper $900s?

they will sell what they are comfortable selling ( in some cases that means everything + some borrowed coins NUTTY! ) then, then they will be leave behind.

the market is ready to buy them out for good.

Then they can rage quit and join several of the other butt hurt trolls, until they decide to get back in the $3k territory... hahahaha

[Killerpotleaf]

lol crazy talk...

anyway.
 

I'd bet the bears dont have a good plan for what to do if prices goes up.  resistance at 945 will be weak  

They will probably turn bulls on the west exchanges and find ways to dump on the east ones!

silly bears...

thought they could win.

Are you ultimately of the belief that they are running out of coins?  Fewer and fewer coins to sell and fewer and fewer folks willing to give up their coins.. maybe until the upper $900s?

they will sell what they are comfortable selling ( in some cases that means everything + some borrowed coins NUTTY! ) then, then they will be leave behind.

the market is ready to buy them out for good.

Then they can rage quit and join several of the other butt hurt trolls, until they decide to get back in the $3k territory... hahahaha

ya like when segwit or emergent consensus is adopted

I dont understand these bears.... sellers OK fine, but go out and SHORT bitcoin at this point in time.... are you fucking nuts?

[r0ach]

I dont understand these bears....

[Killerpotleaf]

if the world's a stage, then bitcoin is somthing we improvised.

[JayJuanGee]

lol crazy talk...

anyway.
 

I'd bet the bears dont have a good plan for what to do if prices goes up.  resistance at 945 will be weak  

They will probably turn bulls on the west exchanges and find ways to dump on the east ones!

silly bears...

thought they could win.

Are you ultimately of the belief that they are running out of coins?  Fewer and fewer coins to sell and fewer and fewer folks willing to give up their coins.. maybe until the upper $900s?

they will sell what they are comfortable selling ( in some cases that means everything + some borrowed coins NUTTY! ) then, then they will be leave behind.

the market is ready to buy them out for good.

Then they can rage quit and join several of the other butt hurt trolls, until they decide to get back in the $3k territory... hahahaha

ya like when segwit or emergent consensus is adopted

I dont understand these bears.... sellers OK fine, but go out and SHORT bitcoin at this point in time.... are you fucking nuts?

I frequently think that there are considerable possibilies that some of the bears are willing to work at a loss in order to attempt to keep bitcoin down (maybe because they are competitors in other industries or governments).  So they can take a loss on one end (bitcoin specifically) in order to profit in some other area.  Just a working theory without any meaningful proof beyond various reasonable inferences.

[JimboToronto]

I'd bet the bears dont have a good plan for what to do if prices goes up.

Of course not. Bears are ruled by emotion. Planning requires thought.

[Hunyadi]

in the meanwhile LTC is rallying. Looks like something is afoot.

Segwit on the way for LTC, great news for BTC... a solid test that should get some more support.

I really hope it will be activated soon.

[Karartma1]

in the meanwhile LTC is rallying. Looks like something is afoot.

Segwit on the way for LTC, great news for BTC... a solid test that should get some more support.

I really hope it will be activated soon.

Yes, that's a good stage to get a rough idea of what that will be for bitcoin as well. Only one real concern is always present: I don't feel much comfortable knowing that a large pool (f2pool) controls more than 50% of the global hashrate.
Anyway, I care about segwit's adoption to see whether that works or not.

[molecular]

in the meanwhile LTC is rallying. Looks like something is afoot.

Segwit on the way for LTC, great news for BTC... a solid test that should get some more support.

I really hope it will be activated soon.

Yes, that's a good stage to get a rough idea of what that will be for bitcoin as well. Only one real concern is always present: I don't feel much comfortable knowing that a large pool (f2pool) controls more than 50% of the global hashrate.
Anyway, I care about segwit's adoption to see whether that works or not.

I for one reject segwit on political grounds.

But who am I? I'm not even mining any more.

[mymenace]

in the meanwhile LTC is rallying. Looks like something is afoot.

Segwit on the way for LTC, great news for BTC... a solid test that should get some more support.

I really hope it will be activated soon.

Yes, that's a good stage to get a rough idea of what that will be for bitcoin as well. Only one real concern is always present: I don't feel much comfortable knowing that a large pool (f2pool) controls more than 50% of the global hashrate.
Anyway, I care about segwit's adoption to see whether that works or not.

I for one reject segwit on political grounds.

But who am I? I'm not even mining any more.

yeah feels like the liberals got in and told them how it is all going to fall down if we do not invade the code

[rjclarke2000]

Oh no, here comes the Segwit war over the next 3 pages........

[savetherainforest]

in the meanwhile LTC is rallying. Looks like something is afoot.

Segwit on the way for LTC, great news for BTC... a solid test that should get some more support.

I really hope it will be activated soon.

Yes, that's a good stage to get a rough idea of what that will be for bitcoin as well. Only one real concern is always present: I don't feel much comfortable knowing that a large pool (f2pool) controls more than 50% of the global hashrate.
Anyway, I care about segwit's adoption to see whether that works or not.

I for one reject segwit on political grounds.

But who am I? I'm not even mining any more.

yeah feels like the liberals got in and told them how it is all going to fall down if we do not invade the code

I for one think its too early.

Maybe in 20-30 years. And if it goes down badly... then the users/adopters will start voting with their computers, having enough processing power to fight against it. Or... maybe in 3-4 years... Cuz if we go the 20-30 years thingy ... then the miners might have equipment that is quantum and Moore's Law would not apply anymore because there would be no "moore" after the last more.. Meaning if we have it in 2-3 years... we have enough adopters to rebel if it goes wrong... and the technology we know it can go "moore"  .. And for them it would be a cost/investment burden just to maintain political power..

[Spaceman_Spiff]

Chart is looking good imho (but I appear to be prone to bullish optimism lately): 950-960 incoming?

[Searing]

Oh no, here comes the Segwit war over the next 3 pages........

Whatever a solution would be nice. It is like them middle ages and moving gold to and fro on an ox cart.

I have a bitmixier.io signature payment on here of 22 bucks .mine and a bunch of others are unconfirmed since at least this time yesterday.

Which ever sig witness or block size increase...something better get done...or we will never get any kinda balance on transaction times again

(then again Litecoin is doing seg witness and other stuff...maybe that is why it is pumping...planning a 'slow' pass on BTC ....heh I crack myself up ...naw!)

Glad this did not happen on my transaction of 30 bucks the other day to newegg.com they have a 1 hour limit to conform

Can you imagine what the price of BTC could go to if this week the whole thing was resolved....I mean even it it took 6 months to resolve it  but a timeline/plan
of such would be enough..... just a "real'

deal fix....wow moon indeed!

[Roccker]

Was this a bubble or not




So where are we..
I guess 'Return to normal'?


Like almost always i will just hold

This bubble by comparison to the last one felt very short. (Perhaps my feeling is not right here)
I was waiting for the cracyness of the forums, 'to the moon' and 'new paradigm!' and 'we did it!' but just feeling-wise there was not much of it.
The same with the screaming when it went down, it didn't seem so severe to me. (I have no metrics, just reading the forum)
Did we grow up?

So, this 'Mini-bubble', does it destroy confidence - meaning everybody expects the next bubble always being like 4 times the last one. But this one was the same.
(So next time people don't hope for so much anymore but really sell at 1000. ?)

Right now i guess the sentiment is it will go down a bit (700-800) but recover quickly in some months to go over 1100. Or is it just me.
Afraid of 600 a bit, thinking that it could mean bitcoin's normal range is in the 200-1200 range. I am a newb.

[Hunyadi]

Bubbles everywhere... 

[Cassius]

Personally I wouldn't call that a bubble. It was just the market getting ahead of itself and then correcting. Price =/= value and at that point, price overtook value. Now it's back to arguably closer to where it should be.

[EatonABooger]

I believe we will see a potential "bubble" or at least a new plateau when the COIN ETF is approved.
I know it has been mentioned and discussed every few weeks in a passing comment, but seriously - if we were to know just how much money is there waiting in personal retirement funds that will go to this ETF.

There are many "old folks" like me that have substantial savings that currently cannot be spent on BTC as it is tied up in corporate approved mutual funds and the SEC approved stocks/bonds.

once we have the COIN ETF, I know a substantial portion of my 401k will funnel to it.  I think once the word gets out, it will be follow the leader and quite a price jump will result.

[notme]

First sell off / bear trap.  Return to normal will come much later.