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

[Last of the V8s]

 Estimated next difficulty. The 24 hour hashrate average is used to make a prediction about upcoming blocks in the period.
Coin    Date (UTC 24h)    Remaining    Change
BTC    Aug 24th, 06:10    1 day, 13 hours (207 blk)    -8.29%
BCH    Aug 22nd, 22:00    5 hours, 31 minutes (176 blk)    +300.00%

[quetschiquetsch]

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 

BCH mining at 42% and rising (at least for the moment).
BTC has 58%...
According to http://fork.lol/pow/hashrate

[BlindMayorBitcorn]

Decided to short XMR while I'm waiting. That chart looks like it was painted be a mental patient. Wish me luck!

[ShroomsKit_Disgrace]

Decided to short XMR while I'm waiting. That chart looks like it was painted be a mental patient. Wish me luck!

Well, I was going to do exactly that and then I noticed the beautiful C&H it is forming...Good luck mate but I think it is going to break its ATH.

[infofront]

Bithumb XMR trading opens Friday. I would close any shorts by then.

[BlindMayorBitcorn]

Decided to short XMR while I'm waiting. That chart looks like it was painted be a mental patient. Wish me luck!

Well, I was going to do exactly that and then I noticed the beautiful C&H it is forming...Good luck mate but I think it is going to break its ATH.

If it starts to bounce I'll pull it. I'm not proud.

Bithumb XMR trading opens Friday. I would close any shorts by then.

Good call.

[empowering]

Estimated next difficulty. The 24 hour hashrate average is used to make a prediction about upcoming blocks in the period.
Coin    Date (UTC 24h)    Remaining    Change
BTC    Aug 24th, 06:10    1 day, 13 hours (207 blk)    -8.29%
BCH    Aug 22nd, 22:00    5 hours, 31 minutes (176 blk)    +300.00%

lol

[Last of the V8s]

when your scamring's flagship altcoin has less transactions than dogecoin

[JimboToronto]

Good morning Bitcoinland.

I see we've recovered somewhat from last night's dip... currently $3948USD/$4957CAD (Bitcoinaverage).

Meanwhile AltcoinCash has also crept back up a little... $670USD/$844CAD (Coinmarketcap).

Let's see what the next 48 hours bring.

This time the atm fee was -3.4%. They actually paid me to buy their coins. Amazing.  

Jimbo, really interested to know which company is running this and if it is a 2-way (buy btc or sell and get fiat)?

https://www.instacoinatm.com/index-en.html



They operate both buy-only and buy-and-sell machines. The one I use is buy-and-sell and is located in a 24/7 convenience store in downtown Toronto.

As I stated in the past, their dynamic pricing is suited to dip buyers. I've gotten low buy fees during dips before (<2%) but never actually got a negative fee before.

[blockinoutthehaters]

80k transactions in the mempool. Let's see if that number goes to 200k.

[Torque]

https://www.instacoinatm.com/index-en.html



They operate both buy-only and buy-and-sell machines. The one I use is buy-and-sell and is located in a 24/7 convenience store in downtown Toronto.

As I stated in the past, their dynamic pricing is suited to dip buyers. I've gotten low buy fees during dips before (<2%) but never actually got a negative fee before.

Jimbo, thanks for posting this. Has the convenience store owner ever discussed with you the number of customers that come in and use that machine? I'm very curious if someone can confirm if there are indeed growing numbers, or if you are like the only one.  

[jbreher]

Is the community going to want to recognize BCH as the "one and only?"   

Time shall tell...

[quetschiquetsch]

Is the community going to want to recognize BCH as the "one and only?"   

Time shall tell...

I think it´s at least undervalued right now... 

[JimboToronto]

Has the convenience store owner ever discussed with you the number of customers that come in and use that machine? I'm very curious if someone can confirm if there are indeed growing numbers, or if you are like the only one.  

 
I did ask the store owner about it and he said he just rents the floor space to the machine operator for a small fee.

I've never seen anyone else using it but my friend told me she saw a young woman using it one night. Several other people have told me they've used it or were planning to use it. In the past when ATMs were scarcer, I sometimes had to stand in line to use a machine. Now I can just run up the street any time and buy my coins quickly, cheaply and 100% anonymously.

When it was first installed, I didn't realize the fees were dynamic and I told the owner I didn't expect to use it often because the buy fees were too high and I almost never sell. I later mentioned how often I was using it and asked how well he was doing with it. That was when he told me he had no direct involvement.
____

I see we're back over $4kUSD per coin. That was an excellent little buying dip.

Onward and upward please.  

[soullyG]

I was about to write "last chance to buy under $4k" but it seems that time has passed 

[Torque]

I did ask the store owner about it and he said he just rents the floor space to the machine operator for a small fee.

I've never seen anyone else using it but my friend told me she saw a young woman using it one night. Several other people have told me they've used it or were planning to use it. In the past when ATMs were scarcer, I sometimes had to stand in line to use a machine. Now I can just run up the street any time and buy my coins quickly, cheaply and 100% anonymously.

When it was first installed, I didn't realize the fees were dynamic and I told the owner I didn't expect to use it often because the buy fees were too high and I almost never sell. I later mentioned how often I was using it and asked how well he was doing with it. That was when he told me he had no direct involvement.

This is pretty amazing. Bitcoin price rising to new heights and still 99.9999% of the population's money still sits on the sidelines. Or they are too busy burning their cash for the weekly Lotto which they will never win. The MSM anti-Bitcoin FUD mind control machine must still be working well.

I'm beginning to wonder if the masses will every start buying, or if Bitcoin will only remain a niche investment. What would it take to see something like a line of people out the door in front machines like that one? Perhaps one day hyperinflation will kick in, or a total fiat collapse. Maybe then that will wake them up.

[Last of the V8s]

https://blog.blockchain.com/2017/08/22/bitcoin-cash-update/

another altcoin for blockchain.info

[eXpl0sive]

With all this drama about BTC / BitCH / 2X and forks / free money and roller coaster rides, I'm like:

[steelboy]

With ripple and minero getting pumped in the last few days it looks like that's where a lot of the BCH money went.

[BlindMayorBitcorn]

Decided to short XMR while I'm waiting. That chart looks like it was painted be a mental patient. Wish me luck!

Well, I was going to do exactly that and then I noticed the beautiful C&H it is forming...Good luck mate but I think it is going to break its ATH.

If it starts to bounce I'll pull it. I'm not proud.

Bithumb XMR trading opens Friday. I would close any shorts by then.

Good call.

Pulled it.