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

[MinermanNC]

This kind of pump you only see with alt coins... which usually flame out and then slide back down. Maybe it will be different with BCH, but I doubt it.

[empowering]

BCH Update


Blockchain Overview
There have been 1112 blocks mined since the hard fork.

(1577 blocks behind the original chain)


The Bitcoin Cash blockchain is currently operating at 13% of the original chain's difficulty.


The original chain has grown 2.30GB more than the Bitcoin Cash blockchain.


It is currently 119% more profitable to mine on the Bitcoin Cash blockchain.



Current price= $858

https://cash.coin.dance/blocks

Bitcoin Cash

There have been 78 blocks mined since the hard fork.

(563 blocks behind the original chain)


The Bitcoin Cash blockchain is currently operating at 26% of the original chain's difficulty.


The original chain has grown 501.30MB more than the Bitcoin Cash blockchain.


It is currently 238% more profitable to mine on the original chain.

[BlackFlag]

BCH Update


Blockchain Overview
There have been 1112 blocks mined since the hard fork.

(1577 blocks behind the original chain)


The Bitcoin Cash blockchain is currently operating at 13% of the original chain's difficulty.


The original chain has grown 2.30GB more than the Bitcoin Cash blockchain.


It is currently 119% more profitable to mine on the Bitcoin Cash blockchain.



Current price= $858

lets take a look on that after the Incoming dump

[empowering]

BCH Update


Blockchain Overview
There have been 1112 blocks mined since the hard fork.

(1577 blocks behind the original chain)


The Bitcoin Cash blockchain is currently operating at 13% of the original chain's difficulty.


The original chain has grown 2.30GB more than the Bitcoin Cash blockchain.


It is currently 119% more profitable to mine on the Bitcoin Cash blockchain.



Current price= $858

lets take a look on that after the Incoming dump

....indeed ,also lets take a look at it after the difficulty adjustment


Pesky Bitcoin cashers   

[soullyG]

Joined that BCH pump and just sold agian. Easy 11% profit  

Me too, just watching it drop now.. good work 

Waiting to see if there's another big pump after the difficulty change to squeeze some more bits outta this sucker  

[HanvanBitcoin]

Joined that BCH pump and just sold agian. Easy 11% profit  

Me too, just watching it drop now.. good work 

Waiting to see if there's another big pump after the difficulty change to squeeze some more bits outta this sucker  

I expect another pump today. Guess ill buy this dip 

[El duderino_]

And back A Nice BTC uptrend

[MinermanNC]

This is a classic pump lol

Notice BTC on the move again 

[HanvanBitcoin]

This is a classic pump lol

Notice BTC on the move again 

Just like yesterday. Theyr letting BCH price drop now and i bet in an hour they start pumping it again. BTC will ofcourse drop again.

[MinermanNC]

This is a classic pump lol

Notice BTC on the move again 

Just like yesterday. Theyr letting BCH price drop now and i bet in an hour they start pumping it again. BTC will ofcourse drop again.

definitely a seesaw affect

[Imbatman]

Kind of pissed.  I feel like I can't really take advantage of these price swings because if I sell from Coinbase stash, I won't get any BCH come 1/1/18.

If I move over some of my BTC from Blockchain over to Coinbase, I lose BCH from moving them out of Blockchain.

I'm too lazy and don't want to do all the research to sweep my BCH out of Blockchain.

So I feel like all I can do is hodl (which is not a bad thing), but I would like to take advantage of this current price instability.

[MinermanNC]

Kind of pissed.  I feel like I can't really take advantage of these price swings because if I sell from Coinbase stash, I won't get any BCH come 1/1/18.

If I move over some of my BTC from Blockchain over to Coinbase, I lose BCH from moving them out of Blockchain.

I'm too lazy and don't want to do all the research to sweep my BCH out of Blockchain.

So I feel like all I can do is hodl (which is not a bad thing), but I would like to take advantage of this current price instability.

Lol what a pickle to be in. Just hope come 1/1/18 BCH will be at least where it is now, who knows maybe more! 

Of course there may be many waiting until then also, and suddenly many BCH will flood the market?

[Lauda]

Meanwhile, take a look at the total amount of bids on Bitstamp:

Bitstamp | Total bids: 39490400 USD. Total asks: 3824 BTC. Ratio: 10324.70656 USD/BTC. | Data vintage: 0.0150 seconds

This is by far higher than we've ever seen. If this isn't clear and shady market manipulation, then I don't know what is. It may be time to drop some lawsuits.

[aesma]

The fork happened 1st August. Having to wait a couple of weeks like poloniex I can understand, 5 months like coinbase is crazy. But if you must let your coins all that time on the site to get coins that were created on the 1st August, that's insane. Are you sure it's how it works ?

I'm never going to use Coinbase, ever, that's for sure.

[aesma]

Meanwhile, take a look at the total amount of bids on Bitstamp:

Bitstamp | Total bids: 39490400 USD. Total asks: 3824 BTC. Ratio: 10324.70656 USD/BTC. | Data vintage: 0.0150 seconds

This is by far higher than we've ever seen. If this isn't clear and shady market manipulation, then I don't know what is. It may be time to drop some lawsuits.

I was wondering, maybe one of you knows, how come the prices on various exchanges are so close most of the time ? Are there whales arbing like crazy ?

[empowering]

Meanwhile, take a look at the total amount of bids on Bitstamp:

Bitstamp | Total bids: 39490400 USD. Total asks: 3824 BTC. Ratio: 10324.70656 USD/BTC. | Data vintage: 0.0150 seconds

This is by far higher than we've ever seen. If this isn't clear and shady market manipulation, then I don't know what is. It may be time to drop some lawsuits.

I was wondering, maybe one of you knows, how come the prices on various exchanges are so close most of the time ? Are there whales arbing like crazy ?

Yes

[empowering]

..anyone tried sending coins froma blockchain.info wallet in past hour ??

[Lauda]

Are you sure it's how it works ? I'm never going to use Coinbase, ever, that's for sure.

Coins that you hold on an exchange are not yours, they are IOUs. The exchange is not obliged to play these fork games with Ver and Jihan.

I was wondering, maybe one of you knows, how come the prices on various exchanges are so close most of the time ? Are there whales arbing like crazy ?

They obviously are. Whenever an exchange is far ahead or far behind with the price, it's often a sign of a lack of arbitrage (i.e. something is making arbitrage hard).

[aesma]

Are you sure it's how it works ? I'm never going to use Coinbase, ever, that's for sure.

Coins that you hold on an exchange are not yours, they are IOUs. The exchange is not obliged to play these fork games with Ver and Jihan.

I agree on a philosophical point, but many exchange users use them as wallets. And Coinbase in fact encourages this.

[Punisher1314]

Should we create a new poll like: "when will the BCC orchestrated pump finish when ver, wu, and their partners dump all their coins, and then create a giant dip?"

a) at 0.25 btc/bcc
b) at 0.30 btc/bcc
c) at 0.5 btc/bcc
d) at 0.7 btc/ bcc