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

[ric_ardo]

how do I know an ICO to invest in?

[Torque]

how do I know an ICO to invest in?

None of them. Buy bitcoin and HODL.

[bitserve]

Meanwhile ripple has gone from about $15 to $1k in the last 2 months in relation to bitcoin price

Healthy organic growth, don't you think?

I didn't make any money on its way up, but I will do on its way down

Where do you short it?

Poloniex, but let me tell you that if I had shorted it the first time I thought about it, I would be broke by now

It's very risky to short an altcoin with a crazy unexplained rise.... and markets can remain irrational longer than you can remain solvent.

Hope you got some crystal balls..

I don't... but I guess I got lucky this time

[Searing]

how do I know an ICO to invest in?

None of them. Buy bitcoin and HODL.

Too True!

I"d 'recommend' you HODL at least 100 BTC.

It makes the math damn easy on your horde in USD, using the little bitty BTC app on my Firefox Brower.....showing Coinbase price in real time

Then you can mimic this scene below, each time you do the math and lean back in your chair



(ok now the whales with 1,000 btc can jump in with a meme to mock me)

[Dabs]

how do I know an ICO to invest in?

None of them. Buy bitcoin and HODL.

Look at what you think are the top 25, either still in ICO or already released and launched. Then pick the top 5.

4 of them will flop and dump to zero. 1 of them will do 10x or 20x.

Of course, it's quite possible you picked the worst of them and they all dump to zero. I say, just go for the free airdrops that you see, and some cheap altcoins, or buy a small amount. Don't day trade (unless that's your thing.)

Now, I've gotten maybe 20 altcoins, and maybe 15 or 16 of them are worthless now. One is I'm waiting for something to happen, another I already made 5x the ICO price but I'm still waiting for something else to happen.

Then, you trade some or most or all of it to bitcoin and HODL.

If you had Ripple or Litecoin, regardless of what you think of the coins themselves, they were profitable to HODL about 2 months ago, and then sell. But there was really no way to predict all that. It's like everyone is saying 3 years ago to invest in ETH, but noooooo... I didn't. And the ones who did probably didn't HODL long enough.

[spooderman]

The next 24 hours are critical.

[Johnny00]

The next 24 hours are critical.

why is that? also bitcoin share is only 50% now, wow, altcoins are slowly taking over

[Johnny00]

Also, transaction are unconfirmed is becoming more and more an issue. fees are higher now. people are getting frustrated.

Imagine a newbie getting his first coin and have to wait 24 hours to get confirmed.

[Mervyn_Pumpkinhead]

XRPs current swings remind me of ETH on 2016 and BTC on 2013.. this is what I call fun!

https://www.youtube.com/watch?v=IVR3tLlODdA

[LFC_Bitcoin]

Also, transaction are unconfirmed is becoming more and more an issue. fees are higher now. people are getting frustrated.

Imagine a newbie getting his first coin and have to wait 24 hours to get confirmed.

It's that stomach dropping fear thinking 'my coins are gone'. This whole saga needs resolving ASAP.

[bitserve]

Also, transaction are unconfirmed is becoming more and more an issue. fees are higher now. people are getting frustrated.

Imagine a newbie getting his first coin and have to wait 24 hours to get confirmed.

That won't happen. Most people now buy their coins in exchanges, and those DO to pay the right fee.

That said, the scaling issue needs to be resolved asap if we want to do a anything near a 75x price increase like some shitcoins did recently.

I am also starting to get very frustated at this issue. Mainly because its holding the price down.

[BrewMaster]

how do I know an ICO to invest in?

None of them. Buy bitcoin and HODL.

Look at what you think are the top 25, either still in ICO or already released and launched. Then pick the top 5.

4 of them will flop and dump to zero. 1 of them will do 10x or 20x.

Of course, it's quite possible you picked the worst of them and they all dump to zero. I say, just go for the free airdrops that you see, and some cheap altcoins, or buy a small amount. Don't day trade (unless that's your thing.)

Now, I've gotten maybe 20 altcoins, and maybe 15 or 16 of them are worthless now. One is I'm waiting for something to happen, another I already made 5x the ICO price but I'm still waiting for something else to happen.

Then, you trade some or most or all of it to bitcoin and HODL.

If you had Ripple or Litecoin, regardless of what you think of the coins themselves, they were profitable to HODL about 2 months ago, and then sell. But there was really no way to predict all that. It's like everyone is saying 3 years ago to invest in ETH, but noooooo... I didn't. And the ones who did probably didn't HODL long enough.

in my opinion none of this still justifies investing in an ICO. if you want to invest then invest in an altcoin that already existed and have been listed on an exchange.
the information that can be gained from just looking at the charts is 1000 times better than going in ICO where you are completely blind to its future.

[JimboToronto]

Good morning Bitcoinland.

I see our pennant came to a point, we completed our consolidation period and we're moving up again... currently $1849USD/$2516CAD (Bitcoinaverage).

Hopefully we'll get back to ATHs soon.

Go Bitcoin go.

[leowonderful]

how do I know an ICO to invest in?

None of them. Buy bitcoin and HODL.

Look at what you think are the top 25, either still in ICO or already released and launched. Then pick the top 5.

4 of them will flop and dump to zero. 1 of them will do 10x or 20x.

Of course, it's quite possible you picked the worst of them and they all dump to zero. I say, just go for the free airdrops that you see, and some cheap altcoins, or buy a small amount. Don't day trade (unless that's your thing.)

Now, I've gotten maybe 20 altcoins, and maybe 15 or 16 of them are worthless now. One is I'm waiting for something to happen, another I already made 5x the ICO price but I'm still waiting for something else to happen.

Then, you trade some or most or all of it to bitcoin and HODL.

If you had Ripple or Litecoin, regardless of what you think of the coins themselves, they were profitable to HODL about 2 months ago, and then sell. But there was really no way to predict all that. It's like everyone is saying 3 years ago to invest in ETH, but noooooo... I didn't. And the ones who did probably didn't HODL long enough.

in my opinion none of this still justifies investing in an ICO. if you want to invest then invest in an altcoin that already existed and have been listed on an exchange.
the information that can be gained from just looking at the charts is 1000 times better than going in ICO where you are completely blind to its future.

I've made quite a bit in Iconomi both by bounties ( $1000 per article written!) and investing, but they're an anomaly as most ICOs absolutely flop and go nowhere. It's risky and HODLing is easier and more profitable.

[Meuh6879]

What the fuck is going on with ripple.

It's gone up 60x the last 2 months. Why have I not heard anything about it?

bank pumping with FED shitty FIAT.

[Meuh6879]

Also, transaction are unconfirmed is becoming more and more an issue. fees are higher now. people are getting frustrated.

Imagine a newbie getting his first coin and have to wait 24 hours to get confirmed.

my pay check wait 1 month.

[pfrtlpfmpf]

Also, transaction are unconfirmed is becoming more and more an issue. fees are higher now. people are getting frustrated.

Imagine a newbie getting his first coin and have to wait 24 hours to get confirmed.

my pay check wait 1 month.

Shut up, and take my money ! 

[Torque]

how do I know an ICO to invest in?

None of them. Buy bitcoin and HODL.

Look at what you think are the top 25, either still in ICO or already released and launched. Then pick the top 5.

4 of them will flop and dump to zero. 1 of them will do 10x or 20x.

Of course, it's quite possible you picked the worst of them and they all dump to zero. I say, just go for the free airdrops that you see, and some cheap altcoins, or buy a small amount. Don't day trade (unless that's your thing.)

Now, I've gotten maybe 20 altcoins, and maybe 15 or 16 of them are worthless now. One is I'm waiting for something to happen, another I already made 5x the ICO price but I'm still waiting for something else to happen.

Then, you trade some or most or all of it to bitcoin and HODL.

If you had Ripple or Litecoin, regardless of what you think of the coins themselves, they were profitable to HODL about 2 months ago, and then sell. But there was really no way to predict all that. It's like everyone is saying 3 years ago to invest in ETH, but noooooo... I didn't. And the ones who did probably didn't HODL long enough.

in my opinion none of this still justifies investing in an ICO. if you want to invest then invest in an altcoin that already existed and have been listed on an exchange.
the information that can be gained from just looking at the charts is 1000 times better than going in ICO where you are completely blind to its future.

Yeah, if you were to replace all the instances of the word "coin" or specific altcoin with the word "penny stocks", it would make about as much sense.

I.E.,buying altcoins is like buying worthless penny stocks and sitting on them for years, hoping that one of them will pop. Waste of time and money, and no guarantee anything lucky will even remotely happen.

I guess some people have to ice skate uphill...

[Dabs]

I don't know about penny stocks, but there have been a number of successful ICOs; or rather, profitable. Everyone looks at coinmarketcap, see the top 100 coins. More than a handful of them had ICOs, premined, and all that.

But you are correct, no guarantee. The chances are not remote tho, and a little better than rolling dice. You read up on something, and you can decide if you want to risk it or not.

[Paashaas]

That is a nice gift Paashaas. Always fun to share bitcoins with your loved ones.

As promised i'll show you the foto from my happy niece having here first Bitcoin for here 8th birthday.

She will be a 10 year holder