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

[bitserve]

So this BCC airdrop is suppose to happen in a little over an hour right?

2h 48 mins: https://www.timeanddate.com/countdown/launch?iso=20170801T1220&p0=1440&msg=Bitcoin+Cash+Hardfork&font=sanserif

Or is that counter wrong?

I has it as 2hrs and 25 mins approx https://coin.dance/

That counter seems more trustworthy.

Well, let's see how it goes... I have just set some crazy limit orders and plan to just watch. (except for trying to sell some BCC for BTC).

[empowering]

...and now for my greatest trick !!

Poooof


$3906177594  Outta my copper field


and wooooosh

Right back up my copper field.

 

I am being silly.

[Sukovsky]

1. People have bought BTC like mad because they want free BCC
2. Smart investors already selling their BTC
3. When the fork hits, and BTC's market cap will be split between two coins (80-20?) BTC will drop like a stone.

All this even though we know BCC doesn't stand a chance. Good for trading tho

[HanvanBitcoin]

1. People have bought BTC like mad because they want free BCC
2. Smart investors already selling their BTC
3. When the fork hits, and BTC's market cap will be split between two coins (80-20?) BTC will drop like a stone.

All this even though we know BCC doesn't stand a chance. Good for trading tho

in an hour and 50 mins we will know. I dont expect it to drop like a stone. Many people might just exchange BCH for BTC instead of fiat. People who already sold their BTC will re-enter on a dip.

I expect a new ATH before the end of this week.

[empowering]

1. People have bought BTC like mad because they want free BCC
2. Smart investors already selling their BTC
3. When the fork hits, and BTC's market cap will be split between two coins (80-20?) BTC will drop like a stone.

All this even though we know BCC doesn't stand a chance. Good for trading tho

Split? (splinter?)

Do stones bounce?

Like bouncy balls?

[AlexGR]

3k per coin isn't very interesting. We need 5k+ per coin to get things mildly exciting

[Slow death]

So this BCC airdrop is suppose to happen in a little over an hour right?

2h 48 mins: https://www.timeanddate.com/countdown/launch?iso=20170801T1220&p0=1440&msg=Bitcoin+Cash+Hardfork&font=sanserif

Or is that counter wrong?

I has it as 2hrs and 25 mins approx https://coin.dance/

I saw a site that had its own time, well you should just look at the people of yobit chat, since they will not sleep, they will probably be the first to dump their BCC or I should call for BCH.

I expect a new ATH before the end of this week.

Hmmm, is it possible? Whenever we are close to  $3000 has an unpleasant news and the price falls

[Ibian]

So this BCC airdrop is suppose to happen in a little over an hour right?

2h 48 mins: https://www.timeanddate.com/countdown/launch?iso=20170801T1220&p0=1440&msg=Bitcoin+Cash+Hardfork&font=sanserif

Or is that counter wrong?

I has it as 2hrs and 25 mins approx https://coin.dance/

I saw a site that had its own time, well you should just look at the people of yobit chat, since they will not sleep, they will probably be the first to dump their BCC or I should call for BCH.

I expect a new ATH before the end of this week.

Hmmm, is it possible? Whenever we are close to  $3000 has an unpleasant news and the price falls

Looks like someone wanting to keep the price down to me. It's gonna happen eventually.

[Last of the V8s]

If BCH doesn't crash and burn on a technical level, which it very well might, then I think that there will be three stages:

1. For the next 2-4 days, people will have BCH and be trading it inside of exchanges, but will not be able to readily deposit or withdraw it because BCH blocks will be mined very slowly. This will cause a very inflated price on at least some exchanges.
2. Over the course of a few weeks after that, it will be driven absolutely into the ground as people dump their free BCH.
3. Then it will recover somewhat and hover between 0.001 to 0.01 BTC as a maybe slightly-above-average altcoin. Depending on how committed its supporters are, it could continue indefinitely similar to Litecoin or peter out after some time.

[bitserve]

1. People have bought BTC like mad because they want free BCC
2. Smart investors already selling their BTC
3. When the fork hits, and BTC's market cap will be split between two coins (80-20?) BTC will drop like a stone.

All this even though we know BCC doesn't stand a chance. Good for trading tho

in an hour and 50 mins we will know. I dont expect it to drop like a stone. Many people might just exchange BCH for BTC instead of fiat. People who already sold their BTC will re-enter on a dip.

I expect a new ATH before the end of this week.

I do expect a rally around 4 Aug. By that time, all the FUD should have vanished.

Maybe we will have some dip right after the BCC launch... or maybe don't, not sure. It depends on so many factors and actors...

[hv_]

If BCH doesn't crash and burn on a technical level, which it very well might, then I think that there will be three stages:

1. For the next 2-4 days, people will have BCH and be trading it inside of exchanges, but will not be able to readily deposit or withdraw it because BCH blocks will be mined very slowly. This will cause a very inflated price on at least some exchanges.
2. Over the course of a few weeks after that, it will be driven absolutely into the ground as people dump their free BCH.
3. Then it will recover somewhat and hover between 0.001 to 0.01 BTC as a maybe slightly-above-average altcoin. Depending on how committed its supporters are, it could continue indefinitely similar to Litecoin or peter out after some time.

Lots of unbiased investment advices which do not need any disclaimers because of this...

[Last of the V8s]

[lightfoot]

So what are the betting odds for Bitcoin Trash to fail?

[Ibian]

So what are the betting odds for Bitcoin Trash to fail?

100%. But not before we have a chance to dump em for some easy profit.

[williamuk]

If BCH doesn't crash and burn on a technical level, which it very well might, then I think that there will be three stages:

1. For the next 2-4 days, people will have BCH and be trading it inside of exchanges, but will not be able to readily deposit or withdraw it because BCH blocks will be mined very slowly. This will cause a very inflated price on at least some exchanges.
2. Over the course of a few weeks after that, it will be driven absolutely into the ground as people dump their free BCH.
3. Then it will recover somewhat and hover between 0.001 to 0.01 BTC as a maybe slightly-above-average altcoin. Depending on how committed its supporters are, it could continue indefinitely similar to Litecoin or peter out after some time.

Lots of unbiased investment advices which do not need any disclaimers because of this...

I'm actually surprised by how high BCH is, why would accumulators buy futures at this level?

[bitserve]

25 minutes.

Wondering if this is gonna be the biggest non-event or the craziest volatility ever. No idea.

Everybody set up your limit orders already as if there is big volatility you will probably not be able to trade real-time.

[HanvanBitcoin]

25 minutes.

Wondering if this is gonna be the biggest non-event or the craziest volatility ever. No idea.

Everybody set up your limit orders already as if there is big volatility you will probably not be able to trade real-time.

We will find out soon. Im only dumping the BCH straight away though and buy more BTC.

[leowonderful]

I'm actually going to only sell .5 BCH once it's out and sell the rest in case Jihan and Co. pump it late. Who knows what's going to happen, unfortunately for me my clock was set one hour ahead so I woke up too early It will be an interesting event for sure.

[bitserve]

25 minutes.

Wondering if this is gonna be the biggest non-event or the craziest volatility ever. No idea.

Everybody set up your limit orders already as if there is big volatility you will probably not be able to trade real-time.

We will find out soon. Im only dumping the BCH straight away though and buy more BTC.

I should have moved more BTC to kraken to dump right away.... Most of my BTC is on my ledger and I don't plan to touch it before I see people posting "success" stories. Anyway it will probably be late by the time those BCC arrive at the exchange... maybe after the first or second dead cat bounce.

Maybe I should have opened some margin long positions to get more BCH to dump, but I decided I would have settled my margin position before 1 Aug, and I did. I am always scared of liquidations by extreme volatility.  I am playing safe even if that means reduced profit.

[Paashaas]

10 min to go.

I dont expect a lot of firework, there is no real economy behind BCC than pump and dump..

ETH ore Monero got more coin value