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Question: What happens first:
New ATH - 43 (69.4%)
<$60,000 - 19 (30.6%)
Total Voters: 62

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26386251 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (174 posts by 3 users with 9 merit deleted.)
YourMother
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August 18, 2017, 05:53:36 PM

I don't understand the panic, really  Smiley

The next shitcoin (x2) is about to render the previous scam coin (BCH) obsolete, so it makes sense that the big players, who got thousands or tens of thousands of bch for free, would pump it and lure every newbie in (and generate as much liquidity as possible) before unloading everything and gtfo ASAP. More free money to be made with the next one...
HanvanBitcoin
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August 18, 2017, 05:55:52 PM

I don't understand the panic, really  Smiley

The next shitcoin (x2) is about to render the previous scam coin (BCH) obsolete, so it makes sense that the big players would pump it and lure every newbie in before unloading everything and gtfo ASAP. More free money to be made with the next one...

exactly, allot of people that fall for this may loose allot of money  Grin
infofront (OP)
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August 18, 2017, 06:04:30 PM

No. If 2mb blocksize increase would've been accepted then big blocktards would've needed Segwit4X.

Maybe. Maybe Jihan would've been happy with a 2MB concession, and happy that he saved face. And maybe Ver and all the other useful idiots would've followed him.

If not, Core could've been politically savvy and dragged the 4X fight out another 3-5 years, like with 2X. By then, maybe Bitmain's stranglehold over mining would've lessened.
becoin
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August 18, 2017, 06:12:31 PM

By then, maybe Bitmain's stranglehold over mining would've lessened.

... or maybe would've escalated?
HanvanBitcoin
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August 18, 2017, 06:12:45 PM

Where will this drop end  Shocked Waiting to buy back in  Grin
soullyG
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August 18, 2017, 06:24:20 PM

Where will this drop end  Shocked Waiting to buy back in  Grin


I'm thinking $3800-$3900 if it gets that far, and that wouldn't even break our uptrend
aesma
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August 18, 2017, 06:24:31 PM

You usually talk about "cost of production".... well, there you have an example of a new apartment that is CLEARLY BELOW cost of construction.

Sunk cost fallacy affects items worse the further away you get from the base of Exter's pyramid.  A house isn't like gold or silver which is both portable and virtually indestructable, it realies on numerous external factors like schools, crime, jobs, govt, etc.  They say Detroit is a clear case of, "a house is only worth as much as there are jobs there to support it".  That and most people don't want to live in a neighborhood where all 10 of your neighbors are named Tyrone.

In the US you build cheap wooden houses that need continuous maintenance.

A concrete flat or house is much more durable.
Dakustaking76
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August 18, 2017, 06:27:52 PM

Where will this drop end  Shocked Waiting to buy back in  Grin


I'm thinking $3800-$3900 if it gets that far, and that wouldn't even break our uptrend


And what Will you do if iT Dont drop?

Edit:  kraken price hangs on €3550
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August 18, 2017, 06:40:43 PM

Anyone going to walk away from crypto if BCH wins?

In that case I'll just turn into a Litecoin maximalist. Because none of this craziness happened in LTC.

right?  LTC stable AF
HanvanBitcoin
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August 18, 2017, 06:54:12 PM

Where will this drop end  Shocked Waiting to buy back in  Grin


I'm thinking $3800-$3900 if it gets that far, and that wouldn't even break our uptrend


And what Will you do if iT Dont drop?

Edit:  kraken price hangs on €3550

Well, with this current BCH pump i don't expect the bitcoin price to rise......   i do think this BCH pump will end up in a big crash this weekend though.
DaRude
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August 18, 2017, 07:08:14 PM

However it turns out, I think we'll all be worse off than if the forks had been avoided altogether.

Yes, but this is a fallacy.

Bitcoin forks can be created by anyone, at any time. Trying to change rules to appease some vocal subset wouldn't stop or block such ability. In fact it is a feature by design. There is no "avoiding it" and there's no one that Bitcoin should have to appease or answer to except for the majority of it users, and to implement/include things that insure it's own long term survival. The existing attributes and rules do just that. They can also be tweaked as time goes on.

A 2MB blocksize increase by Core would've preempted any need for Segwit2X. It may have even have avoided the BCC fork.ave it's way with OPEC.

No. If 2mb blocksize increase would've been accepted then big blocktards would've needed Segwit4X.


The fork at this stage is the best thing that could've happened. BCChina forgets a little fact that it's the market that moves the miners and not the miners moving the market. They can even have their higher hash rate (most of it is in China anyway), but can they attract capital for people to invest in that turd? I think the fundamentals are strongest they've been in a while and this  BCChina pump is hilarious. Kudos to them for actually following up with their savings (and trying to corner the market) but the market will ultimately win, it always does.
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August 18, 2017, 07:17:30 PM

BTC 3100–3500 tomorrow? BCC 800+?
HanvanBitcoin
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August 18, 2017, 07:17:39 PM

I really hope Roger is burning some major holdings during this silliness.

+1, im feeling quite Lucky that i sold my stash that i have availeble for trading on kraken @ 3713 euro this mourning. I wonder how far the price will drop...... an increase of my BTC stash by 20% would be nice  Grin
conspirosphere.tk
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August 18, 2017, 07:19:09 PM

Anyone going to walk away from crypto if BCH wins?

In that case I'll just turn into a Litecoin maximalist. Because none of this craziness happened in LTC.

right?  LTC stable AF

Yeah, it's up only 900%+ this year. Booring.
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August 18, 2017, 07:20:51 PM

I am happy that I sold my BCH at 0.2 and rebought a little more for less BTC at 0.072.
But wtf is happening?
rolling
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August 18, 2017, 07:21:35 PM

Has anyone considered the tax implications of now involuntarily owning BCH?
DaRude
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August 18, 2017, 07:22:19 PM

I really hope Roger is burning some major holdings during this silliness.

Dump on Friday before the weekend? It's like good old days, only now we have multiple exchanges with multiple players. I foresee someone loosing a lot of money in this attempt, things aren't as they were before
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August 18, 2017, 07:22:54 PM



Always green for me ... Just the discharge of the end of the week.

Wait the massive discharge from the sales of Shitcoin ... into the real BTC.
BlindMayorBitcorn
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August 18, 2017, 07:24:19 PM

I for one have started to migrate my coins out of their old private keys slumber. I'm tired of being forced to own fork coins.
bitcoinvest
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August 18, 2017, 07:25:16 PM



Always green for me ... Just the discharge of the end of the week.

Wait the massive discharge from the selling of Shitcoin ... to real BTC.

+1 i totally agree with you... and if Roger is behind all those @@ he will also sell the Shitcoin to buy back more BTC and left all the idiots with BCChina in hand Smiley
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