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

[Elwar]

https://dailyreckoning.com/the-death-of-bitcoin/
 

That dude will win a Pulitzer for that insightful news article.

[Searing]

https://dailyreckoning.com/the-death-of-bitcoin/
 

That dude will win a Pulitzer for that insightful news article.

This will happen about the same time as I become Natalie Portman's Love Puppet (there's a chance right???)

[RAJSALLIN]

https://dailyreckoning.com/the-death-of-bitcoin/
 

One of the worst "bitcoin is dead" articles I've read

[ErisDiscordia]

https://dailyreckoning.com/the-death-of-bitcoin/
 

2013 called, they want their shitty arguments for why Bitcoin will definitely die back.

[anticolay26]

There we go, as expected...wasn't too bad though was it? Let's see if we drop a bit more before bouncing back up

[SnokkomBTC]

There we go, as expected...wasn't too bad though was it? Let's see if we drop a bit more before bouncing back up

I think we'll see an huge dump in alts and a pump in btc today or tomorrow 

[york780]

There we go, as expected...wasn't too bad though was it? Let's see if we drop a bit more before bouncing back up

I think we'll see an huge dump in alts and a pump in btc today or tomorrow 

About damn time. Really sad that people invest and trap themselves in coins like doge or waves lol.

[york780]

There we go, as expected...wasn't too bad though was it? Let's see if we drop a bit more before bouncing back up

you are talking about a $9 difference? Cmon man take a break

[Nagadota]

Next week new highs? So far it's holding strong.

Until now it is doing exactly what it should be doing to continue rising next week: Small but significant correction, half recovery and consolidation. Not sure if there will be another test of $1500 before monday... In fact it would be slightly better if it does.

The biggest pump will come when people realise that altcoins can not go on pumping indefinitely and a good chunk of market share returns to BTC. That has not hapenned yet.

Unfortunately. Who knows, maybe that'll happen next week if we go upwards again. I don't enjoy being where we are in terms of this small rise, but it's necessary to go back up. Once those altcoins are sold back to BTC we'll see an enormous bump in price bigger than any we've seen recently.

Looks like that day is coming pretty soon.  The great altcoin bubble has reached its peak - ETH has stabilised around $90-100 and DASH has stabilised around $100.  As soon as people give up - could be in the next couple of weeks - it's time for another rally.

[york780]

Next week new highs? So far it's holding strong.

Until now it is doing exactly what it should be doing to continue rising next week: Small but significant correction, half recovery and consolidation. Not sure if there will be another test of $1500 before monday... In fact it would be slightly better if it does.

The biggest pump will come when people realise that altcoins can not go on pumping indefinitely and a good chunk of market share returns to BTC. That has not hapenned yet.

Unfortunately. Who knows, maybe that'll happen next week if we go upwards again. I don't enjoy being where we are in terms of this small rise, but it's necessary to go back up. Once those altcoins are sold back to BTC we'll see an enormous bump in price bigger than any we've seen recently.

Looks like that day is coming pretty soon.  The great altcoin bubble has reached its peak - ETH has stabilised around $90-100 and DASH has stabilised around $100.  As soon as people give up - could be in the next couple of weeks - it's time for another rally.

Yes it is. I use my own emotions to check this. I am feeling quite desperate rightnow because of altcoins. This means that the whales will dump soon to trap the noobs that will FOMO on alts. Its all in the wallstreet cycle of doom.

[SnokkomBTC]

Next week new highs? So far it's holding strong.

Until now it is doing exactly what it should be doing to continue rising next week: Small but significant correction, half recovery and consolidation. Not sure if there will be another test of $1500 before monday... In fact it would be slightly better if it does.

The biggest pump will come when people realise that altcoins can not go on pumping indefinitely and a good chunk of market share returns to BTC. That has not hapenned yet.

Unfortunately. Who knows, maybe that'll happen next week if we go upwards again. I don't enjoy being where we are in terms of this small rise, but it's necessary to go back up. Once those altcoins are sold back to BTC we'll see an enormous bump in price bigger than any we've seen recently.

Looks like that day is coming pretty soon.  The great altcoin bubble has reached its peak - ETH has stabilised around $90-100 and DASH has stabilised around $100.  As soon as people give up - could be in the next couple of weeks - it's time for another rally.

Yes it is. I use my own emotions to check this. I am feeling quite desperate rightnow because of altcoins. This means that the whales will dump soon to trap the noobs that will FOMO on alts. Its all in the wallstreet cycle of doom.

Yes, Btc is still king. I mean, why the hell would you buy litecoin if you can buy bitcoin? Ltc will be dumped to $5 in a bearmarket, btc to $1,000. Yes, possibly you make more ROI with litecoin if you make great decisions, but bitcoin is more steady then altcoins and the dumps will not that hard like alts.

[pfrtlpfmpf]

There we go, as expected...wasn't too bad though was it? Let's see if we drop a bit more before bouncing back up

I think we'll see an huge dump in alts and a pump in btc today or tomorrow 

 Patiently waiting . . .

[LFC_Bitcoin]

There we go, as expected...wasn't too bad though was it? Let's see if we drop a bit more before bouncing back up

I think we'll see an huge dump in alts and a pump in btc today or tomorrow 

Hope you're right Snokkom, it's been a while since we had a serious alt bleed

[SnokkomBTC]

There we go, as expected...wasn't too bad though was it? Let's see if we drop a bit more before bouncing back up

I think we'll see an huge dump in alts and a pump in btc today or tomorrow 

Hope you're right Snokkom, it's been a while since we had a serious alt bleed

I'm quite sure

[sirazimuth]

https://dailyreckoning.com/the-death-of-bitcoin/
 

That dude will win a Pulitzer for that insightful news article.

and as is always the case with these idiotic articles, comments are epic.
already added to Bitcoin Obituaries, that didnt take long

https://99bitcoins.com/bitcoinobituaries/

[rjclarke2000]

I find it quite amazing btc holds 55% dominance over other crypto currencies and is at $1500+.

I remember not so long ago it was 86% and a far lower price.

Madness.

[tabnloz]

https://dailyreckoning.com/the-death-of-bitcoin/
 

That dude will win a Pulitzer for that insightful news article.

and as is always the case with these idiotic articles, comments are epic.
already added to Bitcoin Obituaries, that didnt take long

https://99bitcoins.com/bitcoinobituaries/

shows how far we've come in a few short years - back in 2013/2014 the comments would have been largely skeptical of Bitcoin. Now, its unanimously pro btc. We're still not mainstream yet, but taking this kind of thing as a signal, it won't be too much longer.

[bartolo]

All those articles about bitcoin's death are more a wishful thinking than anything else and the truth is that every time bitcoin dies it comes back later stronger than before, like the Hydra of Lerna, that when someone decapitated one of its heads , regenerated two new heads. Meanwhile, Bitcoin stays stable at a very good price around $1540, it will be interesting to see what happens when the "altcoin pump game" ends.

[sirazimuth]

https://dailyreckoning.com/the-death-of-bitcoin/
 

That dude will win a Pulitzer for that insightful news article.

and as is always the case with these idiotic articles, comments are epic.
already added to Bitcoin Obituaries, that didnt take long

https://99bitcoins.com/bitcoinobituaries/

shows how far we've come in a few short years - back in 2013/2014 the comments would have been largely skeptical of Bitcoin. Now, its unanimously pro btc. We're still not mainstream yet, but taking this kind of thing as a signal, it won't be too much longer.

and note how at start of cough...hack job...ehem article he states that "What you’re about to read is wildly opinionated..."
as if he knows hes gonna get lambasted in comments....and... voila!

[Red-Apple]

https://dailyreckoning.com/the-death-of-bitcoin/
 

That dude will win a Pulitzer for that insightful news article.

and as is always the case with these idiotic articles, comments are epic.
already added to Bitcoin Obituaries, that didnt take long

https://99bitcoins.com/bitcoinobituaries/

shows how far we've come in a few short years - back in 2013/2014 the comments would have been largely skeptical of Bitcoin. Now, its unanimously pro btc. We're still not mainstream yet, but taking this kind of thing as a signal, it won't be too much longer.

that is the mood swings people have been having with price. back in 2013/2014 they were experiencing the correction from Mt Gox and nobody was happy but after the reversal and the rise started by the end, the moods changed also. now we are in 2 solid years of only rise and obviously people are happier.

the funny thing is, nothing has changed bitcoin is still the same awesome cryptocurrency that is being adopted more and more every day. with Japan being the latest and biggest one in series of adoptions.