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

[ARTISTCOLONY]

did anything actually happen, or is this all still just general crazy times?

i've been disconnected for a couple weeks, ya see. was there some big progress on scaling or something? i saw about the miners coalition for segwit then 6 months later 3mb blocks. is that what's driven us to near 3k?

There is nothing significant happening in the past couple of weeks.  Sure a couple of weeks ago there was news of the segwit2mb that brought a pump based on false premises, but in the end, the pump seems to merely be based on ongoing and upwards price pressures, possibly driven by demand in Japan and Korea (and of course contagious, including some of the China and Bitfinex disparities resolving themselves) and no meaningful news developments..

joking right? you didn't hear the big news? lolllllllll

[1713501879]

1713501879

[European Central Bank]

I think he squared it with himself with reference to our 'technical limitations'.

in that aspect he's totally right. ethereum is a completely different thing and bitcoin can't do much of what it can do. that's the whole point i guess.

there'll be a better ethereum coming along some day and this same conversation will take place on another forum somewhere while bitcoin still trucks along.

[Dakustaking76]

did anything actually happen, or is this all still just general crazy times?

i've been disconnected for a couple weeks, ya see. was there some big progress on scaling or something? i saw about the miners coalition for segwit then 6 months later 3mb blocks. is that what's driven us to near 3k?

There is nothing significant happening in the past couple of weeks.  Sure a couple of weeks ago there was news of the segwit2mb that brought a pump based on false premises, but in the end, the pump seems to merely be based on ongoing and upwards price pressures, possibly driven by demand in Japan and Korea (and of course contagious, including some of the China and Bitfinex disparities resolving themselves) and no meaningful news developments..

joking right? you didn't hear the big news? lolllllllll

Witch news lal?

[Wexlike]

I hope everyone is making a lot of money these days, wether be it in Bitcoin or Ethereum or some scam ICO. I'm going to get drunk now, 3000$ was my trigger. Greetings from St.Tropez!

[BlindMayorBitcorn]

I think he squared it with himself with reference to our 'technical limitations'.

in that aspect he's totally right. ethereum is a completely different thing and bitcoin can't do much of what it can do. that's the whole point i guess.

there'll be a better ethereum coming along some day and this same conversation will take place on another forum somewhere while bitcoin still trucks along.

His scaling solutions are incomprehensible. But I'm too dumb for Bitcoin.

[HI-TEC99]

WTF is happening on bitfinex today? It was far higher than stamp at above $3000 earlier, and now it's lower than stamp.

[ShroomsKit_Disgrace]

WTF is happening on bitfinex today? It was far higher than stamp at above $3000 earlier, and now it's lower than stamp.

Willy Bot is malfunctioning...

[InvoKing]

DAO exploit or the most recent one when that Canadian exchange lost $14 million are called weakness in ethereum protocol and apparently it hapens to be easily exploitable. the fact that it does not happen more often is because people are already giving their money to the scumbags in form of ICOs, and when people are handing their money to you, you don't put on ski masks and rub them with machine guns, that is for when they stop giving you their money freely.

Hell, the hackers probably already have the exploit in their back pocket, ready to go at just the right time. And what a perfect way to mega pump the market and mega short on the way down.  

I don't know.  More attention = more coders and professionals getting involved.  If that's true then the longer hackers keep it secret, the higher their risk is of someone legitimate finding the exploit and reporting it to Ethereum (or Ethereum developers finding it themselves).

That said if they did have an exploit it'd be pretty nice being them right now.

we passed $4000CAD according to Google.

3000 USD's on its way.  It's been steadier this time, I don't think there would be a correction coming for a while, except maybe some slight resistance at that psychological barrier.

I believe only the 3 Chinese exchanges passed $3000 barrier until now +/- bitfinex. Was hoping this weekend we will see a +$3k in all the exchanges, maybe this week it will happens

[Iranus]

DAO exploit or the most recent one when that Canadian exchange lost $14 million are called weakness in ethereum protocol and apparently it hapens to be easily exploitable. the fact that it does not happen more often is because people are already giving their money to the scumbags in form of ICOs, and when people are handing their money to you, you don't put on ski masks and rub them with machine guns, that is for when they stop giving you their money freely.

Hell, the hackers probably already have the exploit in their back pocket, ready to go at just the right time. And what a perfect way to mega pump the market and mega short on the way down.  

I don't know.  More attention = more coders and professionals getting involved.  If that's true then the longer hackers keep it secret, the higher their risk is of someone legitimate finding the exploit and reporting it to Ethereum (or Ethereum developers finding it themselves).

That said if they did have an exploit it'd be pretty nice being them right now.

we passed $4000CAD according to Google.

3000 USD's on its way.  It's been steadier this time, I don't think there would be a correction coming for a while, except maybe some slight resistance at that psychological barrier.

I believe only the 3 Chinese exchanges passed $3000 barrier until now +/- bitfinex. Was hoping this weekend we will see a +$3k in all the exchanges, maybe this week it will happens

Many of the exchanges are well behind.  The Coindesk price BPI is showing the price hovering around $3000, but the Bitstamp price isn't even $2950, nor is the Coinbase, BTC-E or Bitfinex anywhere near there either.

From most of our perspectives it's still falling short.

I won't be excited until the Bitstamp price has stayed >$3000 for a couple of days without a correction.

[Gyrsur]

highest amount of txs (24h) flipped from Bitcoin to Ethereum.

http://www.flippening.watch/

there is a good chance Ethereum will get in serious trouble soon and the bubble will burst.

EDIT: https://etherchain.org/charts/capacity

[becoin]

I hope everyone is making a lot of money these days, wether be it in Bitcoin or Ethereum or some scam ICO.

I make money only if I make bitcoins. It is more and more difficult to make bitcoins because they get more and more expensive.

[julian071]

I hope everyone is making a lot of money these days, wether be it in Bitcoin or Ethereum or some scam ICO. I'm going to get drunk now, 3000$ was my trigger. Greetings from St.Tropez!

Haha enjoy!!

[LLec]

$3000 BTCBTCBTCBTCBTCBTCBTCBTC >>>kabooom!!!>>weeeeeeeeee!!

Offically past $3000 now!

http://www.msn.com/en-us/money/markets/bitcoin-bulls-runs-wild-as-cryptocurrency-surges-above-dollar3000/ar-BBCwReU?li=BBmkt5R&ocid=spartandhp

Congrats people you are part of the economical elite, and this is just the beginning!

[BiteMyShinyMetalAss]

This is it. My friends that have 0 knowledge or interest in bitcoin are buying BTC and ETH... The bubble, the force of bubble is in the full mode now!

[Wekkel]

This is it. My friends that have 0 knowledge or interest in bitcoin are buying BTC and ETH... The bubble, the force of bubble is in the full mode now!

Not full mode. Otherwise, we would see doublings in a week.

[BiteMyShinyMetalAss]

This is it. My friends that have 0 knowledge or interest in bitcoin are buying BTC and ETH... The bubble, the force of bubble is in the full mode now!

Not full mode. Otherwise, we would see doublings in a week.

Well, ETH is up! Like 3 of my friends asked this:"ETH gained 3000%, its gona replace btc, should i buy?"
So its like people dont care of what it is just, how fast it can grow so they could sell it...

[HI-TEC99]

This is it. My friends that have 0 knowledge or interest in bitcoin are buying BTC and ETH... The bubble, the force of bubble is in the full mode now!

Not full mode. Otherwise, we would see doublings in a week.

How long did the doublings in a week continue for in 2013? I missed the run up back then, this time round will be my first experience of a massive run up.

[criptix]

This is it. My friends that have 0 knowledge or interest in bitcoin are buying BTC and ETH... The bubble, the force of bubble is in the full mode now!

Not full mode. Otherwise, we would see doublings in a week.

Well, ETH is up! Like 3 of my friends asked this:"ETH gained 3000%, its gona replace btc, should i buy?"
So its like people dont care of what it is just, how fast it can grow so they could sell it...

Thats normal. newbies are going full tard because of fomo.

[ssmc2]

So we'd have to be at 6k in a week at this point for it to be a bubble? 

[ARTISTCOLONY]

https://bitnovosti.files.wordpress.com/2014/03/prince-andresennew.jpg?w=504&h=343

$5000 inkominggggg    weeeeeeeeeeeeeeeeeee!!!!!