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

[JayJuanGee]

Hey, look Mods! People talking about altcoins here in this thread for pages and pages!

But of course if *I* have something mentioned about an altcoin in one of my posts, it gets deletely instantly!

Selective much?

 

Maybe they don't like your tendency towards numerology..?


 

[JayJuanGee]

is bitcoin going to crash tonight? or move up tomorrow?

i'm so confused!

I think that we are in the "anything could happen" phase of bitcoin...


My current theory is that since today's daily candle closed in the green, then if tomorrow's daily candle also closes in the green, then we are likely out of the nearly bear woods..  On the other hand, if tomorrow's daily candle closes in the red, then we are still in lalalalala  land.

It's a working and tentative theory.   

[sirazimuth]

Hey, look Mods! People talking about altcoins here in this thread for pages and pages!

But of course if *I* have something mentioned about an altcoin in one of my posts, it gets deletely instantly!

Selective much?

 

overpriced alts eventually gonna be converted back to cheap bitcoin. endless cycle

well I DID mention bitcoin in my post, so I'm all good,yeah? 

[Arcteryx]

I've said this before, but there is really nothing we can do about it, other than bitch scream and kick and voice our opinions, unless you have a very large mining farm

Main thing for me is, in the end I want only one coin. This talk of 2 chains is ridiculous.

So the rapper was right....
Two Chainz!

Somebodys got to make a meme of that when it does split into two different opposite directions.

Guess which frog represents BU?

lol the frog which is on the right?

He meant the one that thought he was on top.
But he was too over himself to care to hang on for the ride.
BTC wins!

[toknormal]

Flashback to June 2015:



P.S. Greg Maxwell had the benefit of hindsight at the time. It was called the Bretton Woods system.

[r0ach]

^ Rather than "proving" altcoins work, one could just as easily derive that no cryptocurrency actually functions as a store of value, hence it being called a currency and not money.

[Killerpotleaf]

this is the titanic nothing can sink this ship

FULL SPEED AHEAD!

[r0ach]

this is the titanic nothing can sink this ship

FULL SPEED AHEAD!

Adam the space jew

[bones261]

^ Rather than "proving" altcoins work, one could just as easily derive that no cryptocurrency actually functions as a store of value, hence it being called a currency and not money.

How many people in this space are really interested in having a "store of value?"  If that were the case then it wouldn't be a mantra here to "not 'invest' more than you can lose." Many here are in it for the "action." If I really thought this was a good way to accumulate my nest egg, I would have accumulated a whole lot more than 1 BTC.  

[Killerpotleaf]

this is the titanic nothing can sink this ship

FULL SPEED AHEAD!

Adam the space jew

i need sub 950 ...

[HI-TEC99]

this is the titanic nothing can sink this ship

FULL SPEED AHEAD!

Adam the space jew

i need sub 950 ...

Try Bitstamp, it's over $30 below btc-e and really low volume today. It's just dipped 50 cents below 950, but that probably won't last long. Bitfinex is $15 higher and the arbitrage traders will soon pump the price on stamp to match finex's.

[Killerpotleaf]

this is the titanic nothing can sink this ship

FULL SPEED AHEAD!

Adam the space jew

i need sub 950 ...

Try Bitstamp, it's over $30 below btc-e and really low volume today. It's just dipped 50 cents below 950, but that probably won't last long. Bitfinex is $15 higher and the arbitrage traders will soon pump the price on stamp to match finex's.

lol i just checked other exchanges other than stamps.
holy fuck market is so confused!  

[Killerpotleaf]

i feel that once this scaling debate is somehow resolved, which ever way it goes, even worst case scenario, we'll end up WAY higher than this...

[HI-TEC99]

i feel that once this scaling debate is somehow resolved, which ever way it goes, even worst case scenario, we'll end up WAY higher than this...

Two years ago I was pissed when it went below $250, now I'm pissed when it goes below $1000. In another two years I'm hoping to get pissed when it goes below $10000 after a rally to $30000 or more.

[bones261]

i feel that once this scaling debate is somehow resolved, which ever way it goes, even worst case scenario, we'll end up WAY higher than this...

Two years ago I was pissed when it went below $250, now I'm pissed when it goes below $1000. In another two years I'm hoping to get pissed when it goes below $10000 after a rally to $30000 or more.

Or 2017 could be a total retrace of what happened in 2014...

[Killerpotleaf]

i feel that once this scaling debate is somehow resolved, which ever way it goes, even worst case scenario, we'll end up WAY higher than this...

Two years ago I was pissed when it went below $250, now I'm pissed when it goes below $1000. In another two years I'm hoping to get pissed when it goes below $10000 after a rally to $30000 or more.

I know eh!  

its not like all this isn't justified...

the market is growing and for good reason... its buy or die time... i mean digital cash WTF did you think was gonna happen?!?!

fact is fiat is a concept for the history books 10-20 years from now.

[HI-TEC99]

i feel that once this scaling debate is somehow resolved, which ever way it goes, even worst case scenario, we'll end up WAY higher than this...

Two years ago I was pissed when it went below $250, now I'm pissed when it goes below $1000. In another two years I'm hoping to get pissed when it goes below $10000 after a rally to $30000 or more.

Or 2017 could be a total retrace of what happened in 2014...

Maybe, but the miners have less coins to dump than in 2014. The massive volume of coins they were mining back then suppressed the price. That's changed since the halving.

[European Central Bank]

i feel that once this scaling debate is somehow resolved, which ever way it goes, even worst case scenario, we'll end up WAY higher than this...

Two years ago I was pissed when it went below $250, now I'm pissed when it goes below $1000. In another two years I'm hoping to get pissed when it goes below $10000 after a rally to $30000 or more.

Or 2017 could be a total retrace of what happened in 2014...

No China. If it does come back to life it's gonna be a zombie market. I think it's hard to guess the difference that will make but it's gotta be huge.

[MinermanNC]

Hey, look Mods! People talking about altcoins here in this thread for pages and pages!

But of course if *I* have something mentioned about an altcoin in one of my posts, it gets deletely instantly!

Selective much?

 

They may have to go back and delete many many pages referencing Alts   But it is directly part of the greater BTC discussions as of late, during these hard times of uncertainty lol

[MinermanNC]

Today there has been a slow in the BU blocks found... was trending up as late as this morning, but through the day it has been losing steam.  and we are seeing a stronger price simultaneously it would seem.