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

[BlindMayorBitcorn]

Dips? I've seen a few.

[NewWorldCoiner]

SELL, November FUD is starting, buy at lower for quite a profit. Going to 3600 soon and who knows where this will end.

Hey, it's a good job you posted that, I'd forgotten what you said 15 minutes ago.

[Torque]

Dips? I've seen a few.

Hodlers know what to do... 

[x2666]

Over the last few months all this talk of onboarding new users is really a code for creating new bagholders. Everyone was so sold on the Bitcoin 5,000, 10,000, 100,000, 500,000....

They thought it would happen within a year, two years, 3 years tops!

In reality they all fell into the hype trap and now we're going to see the narrative shift yet again, there's always something herding people from stable to stable. What is it this time?

[nanobtc]

Advice on electrum please.

 Is this a good wallet to use to be middle man when creating a new paper wallet?

I.e. Moving coins from one paper wallet to a new one.

@rjclarke2000   Yes, it is. Don't mix that up with the Electron wallet.

[JimboToronto]

Time to sell your BCH, we're going to 3600 $170. Buy later back if you think it will ever be worth more than that again.

FTFY

BTC down <5%, BCH down >20%.

[infofront]

I mean, what's the deal with this "bit coin" anyway?

[El duderino_]

Time to sell your BCH, we're going to 3600 $170. Buy later back if you think it will ever be worth more than that again.

FTFY

BTC down <5%, BCH down >20%.

How far to buy A decent dip this time?   

[Bitcoinaire]

SELL, November FUD is starting, buy at lower for quite a profit. Going to 3600 soon and who knows where this will end.

This dude is running wild all over the forum about bitcoin crashing and the dump will be 3x as bad as July and at the same time talking up bitcoin cash and gaining miners, lol.

[JimboToronto]

How far to buy A decent dip this time?   

Just got back from buying the dip ($3812USD) with a 1.7% ATM fee. Waiting for first confirmation.

Still have more fiat to spend if it goes lower.

This reminds me of the uncertainty dumps preceding most big turning points. We saw it before the ETF decision and again before the fork.

It's probably best to buy a bit at a time as the price decreases.

[YourMother]

I'm pretty bearish. Think it will dump below 200 again within 1 - 2 months.

SELL, November FUD is starting, buy at lower for quite a profit. Going to 3600 soon and who knows where this will end.

I'm seeing these types of comments with every wave (Do not count my trolling). Newbs buying at the top and then unloading in panic when the price is going down. At the next bull run i'm expecting to see


"SELL! This "particularly irrelevant" shit will tank bitcoin. Think it will dump below $38,000 and who knows where this will end"

...

"F#uck! I think it's going under $400,000 and who knows where this will end"  

[BlindMayorBitcorn]

Time to sell your BCH, we're going to 3600 $170. Buy later back if you think it will ever be worth more than that again.

FTFY
BTC down <5%, BCH down >20%.

And Kraken is being assy with me trying to do outgoing wires to my bank (Shows up as "Failure"). Don't want to dump any more BCH until I've resolved whatever issues Kraken is having with my account.

Tried to wire out $50k. "Failure"
Tried to wire out $25k. "Failure"
Senses pattern. Writes support ticket.

Sheeeit.

At least the security of your funds isn't contingent on whether or not some guy called Busoni decides to do a runner. 

[jojo69]

Remind me sometime when it's slow to tell you the story of the fucking I got from Kraken Bob.

[BlindMayorBitcorn]

If anybody has any good Polo horror stories feel free to not share them for a few weeks. I'm already on edge.

[infofront]

If anybody has any good Polo horror stories feel free to not share them for a few weeks. I'm already on edge.

[bitserve]

This starting to look like almost an instamine:

481104    2 minutes ago    0x20000000    ViaBTC    PW/ViaBTC/Hello World!/
4vs    3.79
481103    4 minutes ago    0x20000000    Unknown    OWAfE_Af
/XXXYYY/mm#kC7CZ}Uki+VH+q s    17.50
481102    9 minutes ago    0x20000000    Unknown    NWAfkI5AfkAS/XXXYYY/mmVޱUp~6!BPs?ـV[K٪    11.10
481101    12 minutes ago    0x20000000    BTC.com    MWY/BTC.COM/
b%    2.50
481100    12 minutes ago    0x20000000    Unknown    LWʮz8c.yV`}%P#&$  9
   1.89
481099    12 minutes ago    0x20000000    ViaBTC    KW/ViaBTC/Hello World!/~dax~/    0.47
481098    13 minutes ago    0x20000000    ViaBTC    JW/ViaBTC/Hello World!/}da=    2.22
481097    13 minutes ago    0x20000000    Unknown    IWoaZ|hG?ߜ ?E{Rn-#/p-K    7.02
481096    14 minutes ago    0x20000000    Unknown    HWAf"hAf!/XXXYYY/mm
#93@  @+sjaxo<S`
   10.67
481095    16 minutes ago    0x20000000    F2Pool    GW,mm\bկ 'PG5|߄~k4 „🐟Mined by czzyzp9990    0.83
481094    16 minutes ago    0x20000000    Unknown    FW/}8ZkVx,u"R#10!6p,k    18.63
481093    19 minutes ago    0x20000000    Unknown    EWAfܒAfۀ
/XXXYYY/mm|7JjObwۿÊ9UoK
   4.57
481092    19 minutes ago    0x20000000    Unknown    DWAf¯AfͿ/XXXYYY/mm|7JjObwۿÊ9Uq&X*    7.35

At this rate it could be very soon that they surpass BTC in number of blocks and start shilling with the argument of "the longest chain blah blah":

There have been 2546 blocks mined since the hard fork.
(473 blocks behind the original chain)

[supercops]

Any ideas how to best prepare for the next fork (which will probably be our own)?
Pls don't say Litecoin.

Just move your coins to addresses where you control the private keys and hope it gets sorted out. If neither Core nor btc1 are going to do adequate replay protection, it might get really messy. However, BU has been around for quite some time, and someone could have attempted a hard fork with that software, but no one did. Let's hope that no one will dare execute btc1 hard fork, and we will just have to deal with the scaling squabble for many months, if not years to come.

BU was most of the time below 40% hashrate. Segwit2x is over 90%.

Also BCH is a completely new altcoin. It even has modification in the difficulty adjustment algo, which has allowed it survive. With current diff algo the minoritary Bitcoin chain would really struggle to survive if a HF happens because of Segwit2x discrepancies.

Watched a vid by Roger Ver earlier. Full of lies and stupidity. Reckons homogeneous is another word for privacy. If he doesn't understand English, what hope for BCC?

[HanvanBitcoin]

Great  Kraken didint execute my stop loss order haha.

[jojo69]

Watched a vid by Roger Ver earlier. Full of lies and stupidity. Reckons homogeneous is another word for privacy. If he doesn't understand English, what hope for BCC?

Near as I can tell one of the fundamental tenets of postmodernism is that there is no objective truth.  So I'm sure his words are truthy for him...or something.

[bitserve]

Great   Kraken didint execute my stop loss order haha.

Stop loss orders and other "advanced" features are being "temporarily" removed from Kraken:

In order to help mitigate the strain on our platform caused by recent exponential growth, we are delisting some of our illiquid trading pairs and temporarily suspending all advanced order types. These changes will go into effect on Tuesday, August 22 around 6 am UTC (Monday August 21 around 11 pm Pacific).