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

[nathalie20]

Half the crypto coins have no real value in the world. People's dreams that these coins will be great.
Most are just internet and nothing else

[pfrtlpfmpf]

I don't even know what that means!

Me too !   

[Torque]

Half the crypto coins have no real value in the world. People's dreams that these coins will be great.
Most are just internet and nothing else

Half?? Now you're just being generous.

Let's put it this way:

All altcoins believe they are competing directly with Bitcoin for crypto dominance.

But Bitcoin only has ONE direct competitor: the U.S. dollar (or the entire rigged, debt-fueled worldwide banking fiat system).  It could give 2 shits about anything else.

[Qartada]

Now I feel foolish, traded the top of the BTC/ETH bubble,  now a big dive on polo.  

... don't buy ETH.

FTFY

ETH is already at 20 billion marketcap  

This will be a complete bloodbath once people realize that no real use cases for ETH exist...

Care to elaborate? I can already set up a smart contract online via blockchain. But yes, many of the ideas are works in progress. Point being, people can visualize the implementation of the ideas.  Apple became extremely successful after suggesting an idea of a smartphone before delivering it.

There are already cryptocurrencies, like Byteball, which are offering actual use cases for smart contracts.  Oracles, for example, can base a smart contract on several different events such as the outcome of a sports event.  For trustless escrow, smart contracts have many use cases, but ETH have not implemented them properly.

A lot of money from ETH will flow into Bitcoin as the ICO hype dies down.  This may be quite a bit later in 2017, but it'll happen sometime - most of these blockchain applications are just ploys for money in an ICO, and they have no reason for a new token.

I can see the Bitcoin price rising when this happens considering just how significant ETH has become now in terms of hype and price.

[jbreher]

In what universe could you have predicted an OMNI would double overnight?

[nathalie20]

Half the crypto coins have no real value in the world. People's dreams that these coins will be great.
Most are just internet and nothing else

Half?? Now you're just being generous.

Let's put it this way:

All altcoins believe they are competing directly with Bitcoin for crypto dominance.

But Bitcoin only has ONE direct competitor: the U.S. dollar (or the entire rigged, debt-fueled worldwide banking fiat system).  It could give 2 shits about anything else.

Yes it's true.
Ethereum worth $ 200 just for what? In my opinion 5 $ is max

[mindrust]

Now I feel foolish, traded the top of the BTC/ETH bubble,  now a big dive on polo.  

... don't buy ETH.

FTFY

ETH is already at 20 billion marketcap  

This will be a complete bloodbath once people realize that no real use cases for ETH exist...

I fought for Bitcoin till now but i am tired now.

ETH does everything which bitcoin can't. It doesn't have malicious greedy piece of shits like Jihan BU and Roger ver in the first place. ETH don't have ASICs. Mining power is greatly distributed among people because people mine with GPU's.

No stupid scaling debates. The only thing keeps me moving from btc to eth is that i feel like it is too late now. I feel like shit. We will lose the market cap to ETH...

Look what OKcoin said:
https://www.okcoin.com/t-387.html

[leowonderful]

Now I feel foolish, traded the top of the BTC/ETH bubble,  now a big dive on polo.  

... don't buy ETH.

FTFY

ETH is already at 20 billion marketcap  

This will be a complete bloodbath once people realize that no real use cases for ETH exist...

I fought for Bitcoin till now but i am tired now.

ETH does everything which bitcoin can't. It doesn't have malicious greedy piece of shits like Jihan BU and Roger ver in the first place. ETH don't have ASICs. Mining power is greatly distributed among people because people mine with GPU's.

No stupid scaling debates. The only thing keeps me moving from btc to eth is that i feel like it is too late now. I feel like shit. We will lose the market cap to ETH...

Look what OKcoin said:
https://www.okcoin.com/t-387.html

That's because ETH is centralized as hell and they don't need insanely large battles like we're having in BTC. Let's face it, a centralized coin will never work. We just need Jihan to stop this madness and the dominos will begin to fall. ETH might have ASICs in the future but it's unlikely due to the incoming difficulty bomb. Hell, once they switch to PoS they won't even have any hashrate supporting them!

[BlindMayorBitcorn]

ETH investors be like https://youtu.be/QnmZeGOkWC4?t=4m50s

[European Central Bank]

I fought for Bitcoin till now but i am tired now.

ETH does everything which bitcoin can't. It doesn't have malicious greedy piece of shits like Jihan BU and Roger ver in the first place. ETH don't have ASICs. Mining power is greatly distributed among people because people mine with GPU's.

No stupid scaling debates. The only thing keeps me moving from btc to eth is that i feel like it is too late now. I feel like shit. We will lose the market cap to ETH...

and do you not think it was intended to make you feel that way?

etheruem is currently in the told you so phase. there'll come a time when that pendulum swings back.

and whatever happens bitcoiners should let go of the idea of bitcoin being it.

it's a big old world with more ideas and agendas than we can guess at.

[bitserve]

Now I feel foolish, traded the top of the BTC/ETH bubble,  now a big dive on polo.  

... don't buy ETH.

FTFY

ETH is already at 20 billion marketcap  

This will be a complete bloodbath once people realize that no real use cases for ETH exist...

I fought for Bitcoin till now but i am tired now.

ETH does everything which bitcoin can't. It doesn't have malicious greedy piece of shits like Jihan BU and Roger ver in the first place. ETH don't have ASICs. Mining power is greatly distributed among people because people mine with GPU's.

No stupid scaling debates. The only thing keeps me moving from btc to eth is that i feel like it is too late now. I feel like shit. We will lose the market cap to ETH...

Look what OKcoin said:
https://www.okcoin.com/t-387.html

I do agree with most is said in that OKcoin post. The scaling debate must end soon and it should happen in a non contentious way.

But, what can ETH do that I cannot do with my (way cheaper) ETC?

[European Central Bank]

ETH investors be like https://youtu.be/QnmZeGOkWC4?t=4m50s

cruising past 0.1 now. does it have the legs to go all the way to the top? that would be quite something and maybe not surprising.

[ImI]

ETH investors be like https://youtu.be/QnmZeGOkWC4?t=4m50s

cruising past 0.1 now. does it have the legs to go all the way to the top? that would be quite something and maybe not surprising.

define "top"

to top the marketcap of BTC seems highly likely at the moment

[European Central Bank]

define "top"

to top the marketcap of BTC seems highly likely at the moment

that's the one.

[BlindMayorBitcorn]

ETH investors be like https://youtu.be/QnmZeGOkWC4?t=4m50s

cruising past 0.1 now. does it have the legs to go all the way to the top? that would be quite something and maybe not surprising.

Something something Fibonacci?

[sirazimuth]

i thought this was bitcoin wall observer thread ... hmmmm...i musta hit the wrong ethereum wrong button....

[European Central Bank]

i thought this was bitcoin wall observer thread ... hmmmm...i musta hit the wrong ethereum  button....

[podyx]

How is btc decentralized if it only takes one person to change something?

[Ted E. Bare]

We need to step up our wall observations, all our posts are being deleted. We're all going to die.

[FractalUniverse]

some movement finally
edit. lets see if 2100 holds