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

[JimboToronto]

Good morning Bitcoinland.

I see our little profit-taking/consolidation/beartrap seems to be pretty much finished and we're creeping back up again... currently $1165USD (Bitcoinaverage).

Time to get back over $1200 and set our sights on the old Gox ATH (for those who care) and more importantly, gold ounce parity.

Go Bitcoin go.

[vortex1878]

Gold ounce parity does not matter at all.
Why parity to an ounce compared to 1 BTC?
Why not to a Satoshi? Or to a kg of Gold?
Pointless...

Edit: The only comparison that could make sense (not saying that it does) would be that of good old rpietila who once compared the total supply of BTC with that of Gold. He came up with 300k USD per BTC. I never bothered to confirm his calculation though. In addition the total supply of gold is not fixed. There might be new supplies coming up (new mines on planet earth, some even unannounced; new supplies from outside-world mines; alchemy..).

[HI-TEC99]

Good morning Bitcoinland.

I see our little profit-taking/consolidation/beartrap seems to be pretty much finished and we're creeping back up again... currently $1165USD (Bitcoinaverage).

Time to get back over $1200 and set our sights on the old Gox ATH (for those who care) and more importantly, gold ounce parity.

Go Bitcoin go.

It just jumped up to $1182 on stamp. Now the old stamp and finex ATHs are broken again. If we can push above $1200 there's a realistic chance of breaking that gox ATH when the banks open tomorrow.

[bitcoinvest]

Bear trap!!    

Good afternoon bitcoin land!
wow! indeed good photo for the situation so far
Today my dog is my savior Tomorrow i will take him for gift all day game - walk I was more to start trade again and was not sure some hours before  ....
At that time my beagle come for walk  and here we are now watching the price at ~1117€ !! Yes!

[mainpmf]

Rather stable for now.

We're between 1150 and 1200 it's ok for me.
Keep stable btc, you don't have to go higher just don't go lower

[york780]

EPIC BULLTRAP ! 

[JimboToronto]

EPIC BULLBEARTRAP ! 

ftfy

A bulltrap is an artificially high price in an ongoing downtrend. This is the end of an artificially low price in an ongoing uptrend.

[Torque]

[the artful bodger]

[Gyrsur]

confirmed

[Spaceman_Spiff]

But who knows, this is Bitcoin, after all.

In my payment system we have problem, and that problem is the jew.  He take all of your transaction fee, and he give none back to you.

What's the problem with jews and bitcoins?
You can't say the miner's fees were their idea?
To have service filled you have to pay for it.
It is just that cut and dry. But how much they can charge for that service is a another thing to discuss.
So please lets just keep the jews out of this for now.  

I have r0ach on ignore. His bigoted neo-nazi attitude toward everybody that isn't him makes me want to vomit.

My guess is you are not the only one.  Athough I found his pseudo-scientific ramblings about genetics particularly amusing.
Anyways, best not to feed the troll...

[BlindMayorBitcorn]

Cockroach alt-right ideology is mainstream now. He won. Let him have his disgusting victory.

[LLec]

Twister time. No Titanic sadness for our HERO!

[mainpmf]

Don't know for roach but what I know if that price has moved 1$ in 10hours

And god I love that stable price above 1100$

Jews can take the fees if they want as long as btc > 1000$

[sirazimuth]

tolerating the rantings of an anti semite nutter are a small price to pay for freedom of saying whatever the frick
you wanna say in a bitcoin thread as long as its on topic.
 actually like others, i find his posts amusing too , then again i dont think anything that's posted on the internet offends me,
its the frikkin internet ferchissakes,
sticks and stones etc....

go bitcoin (gotta be on topic after all)

[Paashaas]

A new fresh trading week after this weekend dump/correction/profit taking.

$1200-$1300 inc!

[BlindMayorBitcorn]

Slow news day...

[Paashaas]

Roger Ver (BU) vs Tone Vays (SegWit) - Bitcoin Scaling Debate

I dont mind competition, it's healthy but SW is still the best update Bitcoin can have just from a technical point of view. Also, i dont hate Roger but he sounds like a troll in the video 

https://www.youtube.com/watch?v=XdyIJ-BUPaU

[Torque]

Roger Ver (BU) vs Tone Vays (SegWit) - Bitcoin Scaling Debate

I dont mind competition, it's healthy but SW is still the best update Bitcoin can have just from a technical point of view. Also, i dont hate Roger but he sounds like a troll in the video  

https://www.youtube.com/watch?v=XdyIJ-BUPaU

So over the last two decades or so, did you ever see two ignorant layperson outsiders debating the finer points of what should or shouldn't go into the Linux core kernel, while Torvald's dev team sat patiently on the sidelines awaiting their devine verdict?

Nah, me neither.  Try hard not to laugh at how absurd that would be.

[Searing]

Roger Ver (BU) vs Tone Vays (SegWit) - Bitcoin Scaling Debate

I dont mind competition, it's healthy but SW is still the best update Bitcoin can have just from a technical point of view. Also, i dont hate Roger but he sounds like a troll in the video  

https://www.youtube.com/watch?v=XdyIJ-BUPaU

So over the last two decades or so, did you ever see two ignorant layperson outsiders debating the finer points of what should or shouldn't go into the Linux core kernel, while Torvald's dev team sat patiently on the sidelines awaiting their devine verdict?

Nah, me neither.  Try hard not to laugh at how absurd that would be.

Yeah. Some Linux devs said on some stuff they'd almost come to blows. But no one
Cared about Linux at that point of open source development angst. The problem with
BTC is at same timeline all that money and all this dev attention etc. ugh.

Wish I could find the link. But you pretty much nailed this in your post.