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

[Last of the V8s]

Coming up on 12 hours now with not a peep out of Kraken about why all my outgoing USD fiat wire transfers end up in a Failure state.

$100k just sitting there looking all useless.

Sheeit.

How is your Tuesday morning, friends ?

sounds really shitty. maybe tweet Trace Mayer about this?

[Torque]

It's going to be a shitshow , in my personal opinion.

By launching BCH Bitmain have already fucked the NYA. Everyone else will slowly fall away.

By launching BCH Bitmain have increased their influence over the price of each chain as they can manipulate hashrate at will between them both. They've granted themselves a longer period of time in which to milk money out of the sha256 ecosystem and another mechanism with which to do so. Segwit 2x signalling remains above 90%, no sign of it falling away. Core have made their position on segwit2x very clear so I'm not sure why or how you think a negotiated agreement is possible at this point.

Manipulating hashrate doesn't do much to influence the price, I think it will accomplish the opposite of what they want because BCH's total hashrate is now about equal with BTC's total hashrate and their difficulty will adjust again today. After this difficulty change hashrate will all move back into BTC and BCH will be left with months of extremely slow blocks lol. Imagine what that will do to the price of BCH. Maybe they will fork again to change difficulty, that should be fun to watch.

Some would call these "fork" attempts competition, when they are clearly orchestrated attacks on Bitcoin. But hey, Bitcoin is anti-fragile. What does not kill you makes you stronger.

At some point Bitcoin will tire of "catching something" again with these endless forks, and the core developers will go straight to the antibiotic: PoW algo change. Checkmate, motherfkrs.

[Torque]

Coming up on 12 hours now with not a peep out of Kraken about why all my outgoing USD fiat wire transfers end up in a Failure state.

$100k just sitting there looking all useless.

Sheeit.

How is your Tuesday morning, friends ?

So how do you know your funds are even there, and Kraken is not running a fractional reserve too?
https://qz.com/1059179/huobi-and-okcoin-chinas-two-biggest-bitcoin-btc-exchanges-were-themselves-to-150-million-in-idle-client-funds/

[podyx]

Probably gonna see a dip to 3.5k-3.7k

Beautiful bounce.

Looks like this rally ain't over yet and $10k is realistically in sight

[steelboy]

So, got a Trezor and wanted to get a little coin management done. Thought I would start with a paper wallet. Installed Electrum with the Trezor linked to it and used the sweep key function. Typed in the private key and broadcast the transaction.

That was over two hours ago and no confirmations at all. $2.40 in fees apparently, have I just gone far too low. Its a couple of hundred dollars thats been sent.

[conspirosphere.tk]

So how do you know your funds are even there, and Kraken is not running a fractional reserve too?
https://qz.com/1059179/huobi-and-okcoin-chinas-two-biggest-bitcoin-btc-exchanges-were-themselves-to-150-million-in-idle-client-funds/

Sheeit.

Do they allow you to withdraw BTC at least? If so, I would buy BTC and move to another exchange. If not, something is definitely wrong.

[Denker]

Probably gonna see a dip to 3.5k-3.7k

Beautiful bounce.

Looks like this rally ain't over yet and $10k is realistically in sight

Indeed pretty impressive. Did not expect that to happen to be honest. I really thought we would stay around 3700-3800, low volume sideways and then a second dump to 3400 -3500 at least.
This bounce is strong. Almost back to 4k now.

[Karartma1]

So how do you know your funds are even there, and Kraken is not running a fractional reserve too?
https://qz.com/1059179/huobi-and-okcoin-chinas-two-biggest-bitcoin-btc-exchanges-were-themselves-to-150-million-in-idle-client-funds/

Sheeit.

Do they allow you to withdraw BTC at least? If so, I would buy BTC and move to another exchange. If not, something is definitely wrong.

Like banks, worst than banks

[Ludwig Von]

Probably gonna see a dip to 3.5k-3.7k

Beautiful bounce.

Looks like this rally ain't over yet and $10k is realistically in sight

Indeed pretty impressive. Did not expect that to happen to be honest. I really thought we would stay around 3700-3800, low volume sideways and then a second dump to 3400 -3500 at least.
This bounce is strong. Almost back to 4k now.

De denker die denkt... . There will be much more serious bumps... . And the trend is to the downside... .For a while

[ShroomsKit_Disgrace]

I think the dumping season is not over. We will see a new low before the next ATH.

 

[Asrael999]

https://www.bitwala.com/bitwala-statement-segwit2x/

Bitwala's statement re the forkathon. They were also NYA signees. Most of them will bail long before November.

So at least some people in the ecosystem are sane.

[Paashaas]

Strange..nobody is willing to mine BCash China coin expect the Chinese mining cartel   

Another example how bad Jihan wants to control Bitcoin. And those bigblockers have no idea what they're supporting for...

[Ludwig Von]

Strange..nobody is willing to mine BCash China coin expect the Chinese mining cartel   

Another example how bad Jihan (PBOC) wants to control Bitcoin. And those bigblockers have no idea what they're supporting for...

Fixed it for you 

[fabiorem]

Bottom at $3200?

[Higher Altitude]

Bottom at $3200?

I started shorting Bitcoin. Kinda weird to say but I hope BTC dies.  Take profit target at $3k.

[savetherainforest]

Probably gonna see a dip to 3.5k-3.7k

Beautiful bounce.

Looks like this rally ain't over yet and $10k is realistically in sight

It just got started. We are not even in bubble territory. We just had some major corrections. Winter The Crisis is coming! 

[El duderino_]

Probably gonna see a dip to 3.5k-3.7k

Beautiful bounce.

Looks like this rally ain't over yet and $10k is realistically in sight

It just got started. We are not even in bubble territory. We just had some major corrections. Winter The Crisis is coming! 

let the MAGIC 10 k comes i have a very special bottle off champagne for this occasion to drink with my BTC boys

[El duderino_]

Probably gonna see a dip to 3.5k-3.7k

Beautiful bounce.

Looks like this rally ain't over yet and $10k is realistically in sight

Indeed pretty impressive. Did not expect that to happen to be honest. I really thought we would stay around 3700-3800, low volume sideways and then a second dump to 3400 -3500 at least.
This bounce is strong. Almost back to 4k now.

De denker die denkt... . There will be much more serious bumps... . And the trend is to the downside... .For a while

blijft de denker denken ? haha

[Ludwig Von]

Probably gonna see a dip to 3.5k-3.7k

Beautiful bounce.

Looks like this rally ain't over yet and $10k is realistically in sight

It just got started. We are not even in bubble territory. We just had some major corrections. Winter The Crisis is coming! 

let the MAGIC 10 k comes i have a very special bottle off champagne for this occasion to drink with my BTC boys

A small bump, few hundred and a big dip afterwards first please, before the 10 K comes in... . ( Otherwise I can 't pay the champagne)

[El duderino_]

Probably gonna see a dip to 3.5k-3.7k

Beautiful bounce.

Looks like this rally ain't over yet and $10k is realistically in sight

It just got started. We are not even in bubble territory. We just had some major corrections. Winter The Crisis is coming! 

let the MAGIC 10 k comes i have a very special bottle off champagne for this occasion to drink with my BTC boys

A small bump, few hundred and a big dip afterwards first please, before the 10 K comes in... . ( Otherwise I can 't pay the champagne)

haha not yet enough coins allways want more and more and more