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

[york780]

Happy for those litecoin-guys but everyone knows how this is going to end...

Its like follow the leader (whales) like some brainless sheeps. And then whales abandon the ship and the sheeps are trapped. Just like Dash.  -10% today. Nice

[Torque]

The FUD news of this week (prepare for 100% FUD)

-India bans Bitcoin
-SEC denied Solid X ETF
-Miners planning an attack on bitcoin when they reach 51% BU blocks
-Altcoins keep pumping so more kapital leaves btc
-BU keeps increasing
-CORE blocks keep decreasing
-exchanges prepairing for a hardfork
-BTC crypto dominance keeps decreasing
-Litecoin's volume is almost 50% of bitcoin's volume

Looks like haters have infinite FUD guys..

BU UNLIMITED = FUD UNLIMITED.  

Haven't you heard? It's what's for dinner!

[hd060053]

after 2 years i start my litecon core wallet again

[mastrox92]

While BTC`s future is uncertain, people began converting their BTC to Litecoins.

Are u saying BTC is from history now!

or maybe its litecoins time like other coins did

[Cassius]

after 2 years i start my litecon core wallet again

I heard it will be on Gox soon.

[york780]

Hi guys, can somebody help me out here? I want to place a chart from paint into the forum. How can i manage this?
I made the chart by myself for you guys.
Please tell me how i can insert a image from paint into bitcointalk  

[Killerpotleaf]

Hi guys, can somebody help me out here? I want to place a chart from paint into the forum. How can i manage this?
I made the chart by myself for you guys.
Please tell me how i can insert a image from paint into bitcointalk  

*facepalm*

just fire up your FTP client that points to your HTTP webserver upload the img file and use the forms img tag with the appropriate url that points to your img.

lol just use postimage.org

[marcus1986]

after 2 years i start my litecon core wallet again

I heard it will be on Gox soon.

Really? I should buy it more before it'll be on Gox. I've wait these news for 4 years

[gentlemand]

Hi guys, can somebody help me out here? I want to place a chart from paint into the forum. How can i manage this?
I made the chart by myself for you guys.
Please tell me how i can insert a image from paint into bitcointalk  

Upload it to Imgur which'll customise links for you. I think you may not be able to post images that show up until your activity levels goes up. Put up a link, get someone more wizened to quote it and it'll appear.

[Coinnosaurus]

While BTC`s future is uncertain, people began converting their BTC to Litecoins.

the future is uncertain ( for the weak hands)  ^^ . Bitcoin wont fork. Litecoin = pump&dump

BTC != pump&dump ??

XAU != pump&dump ??

The thing people refer to as "punp'n'dump" is that altcoin pumps last shortly

Does that term refers only to altcoins?

[Chef Ramsay]

While BTC`s future is uncertain, people began converting their BTC to Litecoins.

Are u saying BTC is from history now!

or maybe its litecoins time like other coins did

Litecoin is going to see significant gains before BTC goes to full bull mode again, this movement today is just a test drive. A signal to all as to what's to come. Sitting at .006ish currently, but targets could be anything upwards of .03-.05 and beyond, esp if segwit starts sailing.

[elite3000]

While BTC`s future is uncertain, people began converting their BTC to Litecoins.

Are u saying BTC is from history now!

or maybe its litecoins time like other coins did

Litecoin is going to see significant gains before BTC goes to full bull mode again, this movement today is just a test drive. A signal to all as to what's to come. Sitting at .006ish currently, but targets could be anything upwards of .03-.05 and beyond, esp if segwit starts sailing.

all of sudden Litecoin gains 50% value with no news that I'm aware of

for me it looks more like another pump instead a natural movement of people running from Bitcoin to Litecoin.

why would the pumpers keep growing LTC price instead of going to another alt?

[BitcoinNewsMagazine]

Probably because they can and there are a ton of litecoin bagholders waiting to cash out. Look at the weekly chart, these litecoin pumps happen about once a year and are getting weaker a sign that there are fewer long term holders each pump.

[gembitz]

after 2 years i start my litecon core wallet again

^no litecorn unlimited?

[Elwar]

The reason Litecoin went up because they will likely start trading on Coinbase soon.

The LTC price has been about $4 for about 4 years now with only minor fluctuations now and then. They are probably more stable compared to the dollar than most currencies in the world yet the naysayers would probably make up some other excuse as to why nobody should use it (like how people say Bitcoin can never be used because the price fluctuates too much...yet bitcoin is used much more than litecoin).

*disclaimer: I may or may not have 1k litecoins on a computer somewhere

[travwill]

The reason Litecoin went up because they will likely start trading on Coinbase soon.

The LTC price has been about $4 for about 4 years now with only minor fluctuations now and then. They are probably more stable compared to the dollar than most currencies in the world yet the naysayers would probably make up some other excuse as to why nobody should use it (like how people say Bitcoin can never be used because the price fluctuates too much...yet bitcoin is used much more than litecoin).

*disclaimer: I may or may not have 1k litecoins on a computer somewhere

I sold a lot of LTC 3 years ago around $12, so it is still way down.  It was much higher than that even before.

[york780]

Traders be like : WOOOW HUGE Litecoin pump.

Look at this, just a dead zombie rezurrection, third time charm style.

Thank me later, make no mistake.

[conspirosphere.tk]

all of sudden Litecoin gains 50% value with no news that I'm aware of

for me it looks more like another pump instead a natural movement of people running from Bitcoin to Litecoin.

why would the pumpers keep growing LTC price instead of going to another alt?

no, it's totally natural, because l33tcoin is btc without FUD and tricks.
in fact i've been accumulating some from a while just because of the FUDstorm in btc -and I will hodl them too.

[Globb0]

The reason Litecoin went up because they will likely start trading on Coinbase soon.

The LTC price has been about $4 for about 4 years now with only minor fluctuations now and then. They are probably more stable compared to the dollar than most currencies in the world yet the naysayers would probably make up some other excuse as to why nobody should use it (like how people say Bitcoin can never be used because the price fluctuates too much...yet bitcoin is used much more than litecoin).

*disclaimer: I may or may not have 1k litecoins on a computer somewhere

Don't worry because the person who has half of all the coins promises not to dump them

[d5000]

IMO, the actual sideways market can be explained with the following two assumptions:

- There is no inmediate fork risk as the support growth for Bitcoin Unlimited stalled, and the remaining Bitcoin pools are very unlikely to change to BU. So it would be very difficult for BU even to reach 50% of the hashrate, and 75% seems almost impossible.
- But as the debate is not solved, there isn't fresh money flowing into BTC as long term usage/price potential is bound to a scaling solution - be it on-chain or off-chain (with Segwit).

There is a triangle closing tomorrow (bearish highs and sideways-to-bullish lows), but it's a bit irregular so I don't know if there will be any impact. Best bet is not to risk anything now.