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

[spooderman]

we seem to be almost out of the woods with this BUllshit Unlimited attack.

there seem to be critical mass of people who understand the importance of decentralisation. .

Trustlessness, decentralization and a strict cap on the number of total coins are the foundation upon which Bitcoin is built.

We must never give these up.

Glad to still have folk like you around. We will become a smaller and smaller minority as time goes on.

[Karartma1]

You are a kind of torch against the darkness when we face difficult times. Your attitude makes me more comfortable my coffee lover friend

Thanks, but it's easy to be positive when your coins are worth many times what you paid for them.

I was lucky to have discovered Bitcoin just before a bubble, in early 2013. I'd read about the Great Bitcoin Bubble of 2011 and the lengthy recovery afterward, so I didn't panic when the price plummeted in April. Likewise I didn't panic after the autumn 2013 bubble burst and we went into a year-and-a-half bear market.

It's really easy for me to hold firmly, while buying the dips. Those who bought in after learning about Bitcoin because of a bubble might have a harder time being resolute.

Seeing the price fall to under $60 after I'd bought in at $68 and paid up to $120 was hard but the history lesson of 2011 taught me to be strong. For those who bought at $1300, the dip to $900 could be traumatic.
_____

By the way, the only reason I used to mention coffee is because I usually post when I first check prices upon rising. My main drink is Guinness Extra Stout.

That said, I'm on my second cup of Mocha-Java, full city roast with half-and-half cream and pure cane sugar. Yum.

Thanks for your honesty Jimbo. I think I am in the exact situations as you are having bought in a long time ago. But still, I loved the idea behind bitcoin since the very beginning.

p.s we have the same favourite drinks, Guinness and coffee.  

By the way, it's very good we crossed $1000 once again

[starmman]

I've been enjoying the volatility over the last few days - was a great chance to stock up and do a little bit of range trading - will be nice to see another rise again now - fingers crossed for that...

[JimboToronto]

I loved the idea behind bitcoin since the very beginning.

That's why I got into Bitcoin in the first place. The realization that I could make a lot of money from it came later.

It was all about decentralized, open-source peer-to-peer networking. This is what I call the real New World Order.

When I first heard about Napster, it wasn't free music that fascinated me. It was the idea of P2P file sharing. I watched as the process evolved from centralized to partially centralized and then to fully decentralized, ending up with bittorrent magnet links and torrent portals existing on redundant cloud servers based on multiple continents.

I watched Wikipedia evolve from a sketchy platform where anyone could post any bullshit they wanted to my go-to site for research. The site itself may be centralized but the content is controlled by a worldwide decentralized community of contributors who keep it honest.

Social media sites are similar. The sites themselves may be so centralized that they are all basically operated by Prism but the content is still supplied by a worldwide community. Likewise crowdfunding.

Long live the real New World Order.

it's very good we crossed $1000 once again

Indeed. It wasn't long ago that $1000 seemed like a dream.

Remember when we first hit $1000 back in 2013? People were ecstatic. They planned international Bitcoin millionaire parties and bought Lamborghinis and castles.

Then some people convinced themselves that we'd never reach $1000 again. It was all fake, they said. MtGox, Willybot, Beanie Babies, tulip bubbles, etc.

Now it's become our new base line. If it dips below, it's only for a few hours, or as we saw this past weekend, a day.

Not bad considering that one esteemed moderator posted about the "myth" of triple digits back in the summer of 2013.

Just look at us now.

[york780]

I loved the idea behind bitcoin since the very beginning.

That's why I got into Bitcoin in the first place. The realization that I could make a lot of money from it came later.

It was all about decentralized, open-source peer-to-peer networking. This is what I call the real New World Order.

When I first heard about Napster, it wasn't free music that fascinated me. It was the idea of P2P file sharing. I watched as the process evolved from centralized to partially centralized and then to fully decentralized, ending up with bittorrent magnet links and torrent portals existing on redundant cloud servers based on multiple continents.

I watched Wikipedia evolve from a sketchy platform where anyone could post any bullshit they wanted to my go-to site for research. The site itself may be centralized but the content is controlled by a worldwide decentralized community of contributors who keep it honest.

Social media sites are similar. The sites themselves may be so centralized that they are all basically operated by Prism but the content is still supplied by a worldwide community. Likewise crowdfunding.

Long live the real New World Order.

it's very good we crossed $1000 once again

Indeed. It wasn't long ago that $1000 seemed like a dream.

Remember when we first hit $1000 back in 2013? People were ecstatic. They planned international Bitcoin millionaire parties and bought Lamborghinis and castles.

Then some people convinced themselves that we'd never reach $1000 again. It was all fake, they said. MtGox, Willybot, Beanie Babies, tulip bubbles, etc.

Now it's become our new base line. If it dips below, it's only for a few hours, or as we saw this past weekend, a day.

Not bad considering that one esteemed moderator posted about the "myth" of triple digits back in the summer of 2013.

Just look at us now.

I stepped in at a perfect moment, just in the middle of the triple digits, knowing that my invested kapital would never be harmed  . This floor is way above my entry point what reduces the stress

[Dafar]

I stepped in at a perfect moment, just in the middle of the triple digits, knowing that my invested kapital would never be harmed  . This floor is way above my entry point what reduces the stress

What?? What happened to $800?? You sound completely different in Nights Watch thread

[MinermanNC]

Here's one for ya

Bitcoin Plus! lol  Its only up 686%

[Meuh6879]

ready since 2013.
http://www.xe.com/currencycharts/?from=XAU&to=XBT&view=5Y

[Dafar]

Here's one for ya

Bitcoin Plus! lol   Its only up 686%

Bitcoin PLUS up 800% and Bitcoin DARK up 350%..... and we are bag holding bitcoin myspace that only goes up 4% lol wtf?

[GGALINff]

there was a tweet today saying that there will be a fork of Bitcoin and that all Bitcoin holders will get tokens on the fork...

the tweet also said that they will attempt to claim the XBC symbol from the long dead BitcoinPlus...


I don't really follow it,  but maybe that's why XBC is up so much today - though it is BS,  I think lol

anyway,  ho does it work - it this fork does occur,  how do we claim our tokens on it?

`

[MinermanNC]

Here's one for ya

Bitcoin Plus! lol   Its only up 686%

Bitcoin PLUS up 800% and Bitcoin DARK up 350%..... and we are bag holding bitcoin myspace that only goes up 4% lol wtf?

Do ya think maybe regular Bitcoin consumers and investors are trying to send a signal about all the BTC/BU/Segwit conflicts lol

[GGALINff]

there was a tweet today saying that there will be a fork of Bitcoin and that all Bitcoin holders will get tokens on the fork...

the tweet also said that they will attempt to claim the XBC symbol from the long dead BitcoinPlus...


I don't really follow it,  but maybe that's why XBC is up so much today - though it is BS,  I think lol

anyway,  ho does it work - it this fork does occur,  how do we claim our tokens on it?

`

it was a tweet by Bitcoin Classic to fork on 6/1/2017 and it is likely fake fwiw

[york780]

I stepped in at a perfect moment, just in the middle of the triple digits, knowing that my invested kapital would never be harmed  . This floor is way above my entry point what reduces the stress

What?? What happened to $800?? You sound completely different in Nights Watch thread

Thats true. Ok i admit it. I like to spread lots of FUD to buy more coins. Are you happy now? Yes i am greedy, yes i am a jerk. But at least i am not a liar  
I hope you still love my tho ^^

[ivomm]

It is becoming more evident that the likelihood of Bitcoin Unlimited being executed as a hard fork solution is substantially low. One major factor which ultimately drove the community and miners away from Bitcoin Unlimited is its development team’s inability to prevent severe bugs and internal technical issues from being exploited.


https://themerkle.com/community-criticizes-bitcoin-unlimiteds-inability-to-prevent-severe-bug-exploitation/

[gentlemand]

there was a tweet today saying that there will be a fork of Bitcoin and that all Bitcoin holders will get tokens on the fork...

the tweet also said that they will attempt to claim the XBC symbol from the long dead BitcoinPlus...

I don't really follow it,  but maybe that's why XBC is up so much today - though it is BS,  I think lol

Well, that just goes to show the sheer rigour that goes on with analysis in Altland. It sounds a little Bitcoiny. PUMP.

Are the pumpers intentionally taking the piss out of everyone else?

[Torque]

Altland has become the new kickstarter for cryptocurrencies. Basically they're nothing more than tech start-ups that are using initial pumps as crowdfunding for their core developers' salaries.

"Hey kids, come join us to overtake that ol' dinosaur called Bitcoin! We've got better tech and a better growth model! Trust us! The industry will be falling all over themselves to integrate our coin! Just look at how cool and slick our new logo and marketing is! We're the new new!"

 

[petahashminer]

is this gentleman?

 

[JayJuanGee]

Altland has become the new kickstarter for cryptocurrencies. Basically they're nothing more than tech start-ups that are using initial pumps as crowdfunding for their core developers' salaries.

"Hey kids, come join us to overtake that ol' dinosaur called Bitcoin! We've got better tech and a better growth model! Trust us! The industry will be falling all over themselves to integrate our coin! Just look at how cool and slick our new logo and marketing is! We're the new new!"

 

They all do some variation of that, no?  Atland would not be "special" in that regard.

[york780]

Looks like the beartrent is finally broken? Lest go up while all the reasons why we go down still exist. I really have no idea where this is going to end up. Go BTC go!

[uki]

I loved the idea behind bitcoin since the very beginning.

That's why I got into Bitcoin in the first place. The realization that I could make a lot of money from it came later.

It was all about decentralized, open-source peer-to-peer networking. This is what I call the real New World Order.

When I first heard about Napster, it wasn't free music that fascinated me. It was the idea of P2P file sharing. I watched as the process evolved from centralized to partially centralized and then to fully decentralized, ending up with bittorrent magnet links and torrent portals existing on redundant cloud servers based on multiple continents.

I watched Wikipedia evolve from a sketchy platform where anyone could post any bullshit they wanted to my go-to site for research. The site itself may be centralized but the content is controlled by a worldwide decentralized community of contributors who keep it honest.

Social media sites are similar. The sites themselves may be so centralized that they are all basically operated by Prism but the content is still supplied by a worldwide community. Likewise crowdfunding.

Long live the real New World Order.

it's very good we crossed $1000 once again

Indeed. It wasn't long ago that $1000 seemed like a dream.

Remember when we first hit $1000 back in 2013? People were ecstatic. They planned international Bitcoin millionaire parties and bought Lamborghinis and castles.

Then some people convinced themselves that we'd never reach $1000 again. It was all fake, they said. MtGox, Willybot, Beanie Babies, tulip bubbles, etc.

Now it's become our new base line. If it dips below, it's only for a few hours, or as we saw this past weekend, a day.

Not bad considering that one esteemed moderator posted about the "myth" of triple digits back in the summer of 2013.

Just look at us now.

I am still not convinced that $1k is our new base line. Let it some more time, so that the things can settle.
I agree however, that it is amazing how much Bitcoin grew since the end of the last bear market (post Mt. Gox), and even more amazing to compare it where we were before Mt. Gox.
Having said that, I also have to mention that in terms of development on the 'made' side of the bill there are couple of disappointments in the last four years.