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

[criptix]

btc return to being mean

poloniex east coasters trying to run btc short vs. bitpay & yobit of all people touting the great rise to $3000   *stay tuned<<<

How does it feel to be poor in 2017 as a 2012 bitcoiner? 

[valta4065]

lol someone is mad because the price is dropping ??

what a fcking shame

Maybe someone is mad because you're not exactly behaving like a gentleman

Never saw anyone getting censored here.
It's mostly trolls that get their posts deleted. It's a speculation thread I don't really think they'll ban anyone bearish just because they're bearish.
BUT if you're bearish and act like a bearish dick then...

[European Central Bank]

bitmain's exchange is launched - https://www.viabtc.cn/

i don't see how it's gonna work if you can't withdraw coins. is it just a one way portal for them to get cny and the buyers to get... i'm not totally sure. pboc fun tokens i guess.

[Torque]

Imo, the biggest problem right now is ETH. It was $8 at the beginning of the year. It's so severely inflated, that if it keeps crashing, it's going to keep taking everything else with it. That's what happens when you let a competitor gain too much market share. It's stupid that I find in order for BTC to hold its price, or continue rising, that requires ETH to hold a 13x inflated price (since the beginning of March).

I agree with you that ETH is severely overinflated, esp when I have the belief that it was never even intended to be a cryptocurrency in the first place (Vitalik himself said that) and thus hold any significant value. It's been pre-mined to death, and the float is tiny. But even worse, the ETH fans don't even realize that the mining floor is somewhere down around the single digit dollar area, and troll traders took millions of ETH off exchanges for pennies for the last 2 years in anticipation of running it up to the moon. Notice that I said troll traders, not people who actually believe in ETH and are long term holders. So any weakness in buying demand, or any flaw/bug found, or any exchange hacked, and ETH will get dumped into the absolute ground.

But I disagree that this will affect BTC to the negative or in any way whatsoever. It's completely disconnected. If anything, they'll be trading back into BTC on the way down.

[Meuh6879]

lol someone is mad because the price is dropping ??

MEME & GIFS purge.
Legit.

[Coinnosaurus]

lol someone is mad because the price is dropping ??

what a fcking shame

Maybe someone is mad because you're not exactly behaving like a gentleman

Never saw anyone getting censored here.
It's mostly trolls that get their posts deleted. It's a speculation thread I don't really think they'll ban anyone bearish just because they're bearish.
BUT if you're bearish and act like a bearish dick then...

almost everyone here is bullish so there is no point of posting rockets and shit.. but when is a red alert I'm here to warn and to watch at pussies like you , is your choice ,to make few cents from spamming or real money from trading

[ARTISTCOLONY]

btc return to being mean

poloniex east coasters trying to run btc short vs. bitpay & yobit of all people touting the great rise to $3000   *stay tuned<<<

How does it feel to be poor in 2017 as a 2012 bitcoiner? 

https://s-media-cache-ak0.pinimg.com/736x/1f/db/37/1fdb37c8d6e035799249d3e8a4266073.jpg

 

#keepitreal

[European Central Bank]

But I disagree that this will affect BTC to the negative or in any way whatsoever. It's completely disconnected. If anything, they'll be trading back into BTC on the way down.

when it lives on most of the same markets there will unquestionably be a huge effect in the short term at least. bitcoin is only a click or two away from ethereum. i really don't know what that effect would be though.

[ARTISTCOLONY]

Imo, the biggest problem right now is ETH. It was $8 at the beginning of the year. It's so severely inflated, that if it keeps crashing, it's going to keep taking everything else with it. That's what happens when you let a competitor gain too much market share. It's stupid that I find in order for BTC to hold its price, or continue rising, that requires ETH to hold a 13x inflated price (since the beginning of March).

I agree with you that ETH is severely overinflated, esp when I have the belief that it was never to even intended to be a cryptocurrency in the first place and thus hold any significant value. It's been pre-mined to death, and the float is tiny. But even worse, the ETH fans don't even realize that the mining floor is somewhere down around the single digit dollar area, and troll traders took millions of ETH off exchanges for pennies for the last 2 years in anticipation of running it up to the moon. So any weakness in buying demand, or any flaw/bug found, or any exchange hacked, and ETH will get dumped into the absolute ground.

But I disagree that this will affect BTC to the negative or in any way whatsoever. It's completely disconnected. If anything, they'll be trading back into BTC on the way down.

ETC is a better bag ~ eth who is eth? lol ETC is ethereum   rant off<<<

[deepcolderwallet]

Who sold at the bottom?

This time I only bought the top 

[jbreher]

with every exchange bursting with new users,

you think adding more sheep will change the behaviour of the flock?

No, but it will change the size of the flock. More sheep competing for a chunk of the same pasture.

[becoin]

So, are you an Option 1, or you think it will taper off to more sustainable growth, or something else?

Uptrend will accelerate and we shall see new ATHs every month in the next 2 years.

[jbreher]

If the institutions are sniffing  ...  their best getting in on a 'personal' level to front run their employers and clients. And some of these folk could scythe through the current whales without breaking a sweat, on both resource and skill levels.

Perhaps yet another reason that hodl may continue to be the best strategy. On two counts.

[becoin]

Who sold at the bottom?

This time I only bought the top 

This shouldn't be a concern. Next month you'll see new top.

[jbreher]

Imo, the biggest problem right now is ETH. It was $8 at the beginning of the year. It's so severely inflated, that if it keeps crashing, it's going to keep taking everything else with it. That's what happens when you let a competitor gain too much market share. It's stupid that I find in order for BTC to hold its price, or continue rising, that requires ETH to hold a 13x inflated price (since the beginning of March).

I agree with you that ETH is severely overinflated, esp when I have the belief that it was never even intended to be a cryptocurrency in the first place (Vitalik himself said that) and thus hold any significant value. It's been pre-mined to death, and the float is tiny. But even worse, the ETH fans don't even realize that the mining floor is somewhere down around the single digit dollar area, and troll traders took millions of ETH off exchanges for pennies for the last 2 years in anticipation of running it up to the moon. Notice that I said troll traders, not people who actually believe in ETH and are long term holders. So any weakness in buying demand, or any flaw/bug found, or any exchange hacked, and ETH will get dumped into the absolute ground.

But I disagree that this will affect BTC to the negative or in any way whatsoever. It's completely disconnected. If anything, they'll be trading back into BTC on the way down.

confirmed.

[jbreher]

lol someone is mad because the price is dropping ??

what a fcking shame

Maybe someone is mad because you're not exactly behaving like a gentleman

Never saw anyone getting censored here.
It's mostly trolls that get their posts deleted. It's a speculation thread I don't really think they'll ban anyone bearish just because they're bearish.
BUT if you're bearish and act like a bearish dick then...

almost everyone here is bullish so there is no point of posting rockets and shit.. but when is a red alert I'm here to warn and to watch at pussies like you , is your choice ,to make few cents from spamming or real money from trading

I'm with ya on this one. I frequently vehemently disagree with the sentiments you post. But this has always been a freewheeling thread. With the caveat that I don't know the content of the specific deleted posts, I'm inclined to think moderation has been irrationally exuberant here.

[rjclarke2000]

Hi guys,

Thinking of getting a Trezor. What are the pros and cons with them?

Only ever used paper wallets before.

Thanks.

[European Central Bank]

Hi guys,

Thinking of getting a Trezor. What are the pros and cons with them?

Only ever used paper wallets before.

Thanks.

you're dependent on the company servers for functionality, though of course you can restore the wallet elsewhere if the trezor seed is compatible with it.

you still have to store the seed securely.

[deepcolderwallet]

Who sold at the bottom?

This time I only bought the top  

This shouldn't be a concern. Next month you'll see new top.

Actually after some months living the bitcoin life I'm really not worried. This money is for the future, actually I hope to spend it buying goods in exchange for bitcoin, not trading for stinky fiat.

[FractalUniverse]

looks like there is some decent support around 2000.
imo up direction is more likely now