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

[BlindMayorBitcorn]

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

Time shall tell...

Some muddle-headed millionaire forked off an alt. What's all the excitement about? I don't get you sometimes.

[JimboToronto]

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.

The vast majority of people either have never heard of Bitcoin or are barely aware of its existence. Most of those who know about it don't really understand it.

Ignorance breeds fear and apprehension. It certainly doesn't lead to people putting in their hard-earned money.  This is why public adoption is so low and why we're still basically in the early adopter phase.

As public awareness and education grows. so will adoption. The s-curve of adoption is still a long way from going vertical. When that happens, we'll see the 6-digit prices many speculate about.

[Ludwig Von]

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.

The vast majority of people either have never heard of Bitcoin or are barely aware of its existence. Most of those who know about it don't really understand it.

Ignorance breeds fear and apprehension. It certainly doesn't lead to people putting in their hard-earned money.  This is why public adoption is so low and why we're still basically in the early adopter phase.

As public awareness and education grows. so will adoption. The s-curve of adoption is still a long way from going vertical. When that happens, we'll see the 6-digit prices many speculate about.

I don 't think the quarreling and chaos in the bitcoin sphere is very helpful for mass adoption.

[BlindMayorBitcorn]

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.

The vast majority of people either have never heard of Bitcoin or are barely aware of its existence. Most of those who know about it don't really understand it.

Ignorance breeds fear and apprehension. It certainly doesn't lead to people putting in their hard-earned money.  This is why public adoption is so low and why we're still basically in the early adopter phase.

As public awareness and education grows. so will adoption. The s-curve of adoption is still a long way from going vertical. When that happens, we'll see the 6-digit prices many speculate about.

I don 't think the quarreling and chaos in the bitcoin sphere is very helpful for mass adoption.

Same as it ever was. The scaling debate should have been settled 18 months ago^TM

[JimboToronto]

I don 't think the quarreling and chaos in the bitcoin sphere is very helpful for mass adoption.

The masses aren't even aware of Bitcoin, let alone the scaling debate.

[Last of the V8s]

I'd really rather the masses didn't adopt my bitcoin.

[BlindMayorBitcorn]

I have a newfound respect for the Winkles and their ability to not say a bunch of stupid shit.

[Lauda]

The masses aren't even aware of Bitcoin, let alone the scaling debate.

There is no scaling debate, there is only an centralization attack on Bitcoin.
So, who sold at the bottom? Some lovely buy walls are occasionally appearing on Bitstamp.

[Searing]

I have a newfound respect for the Winkles and their ability to not say a bunch of stupid shit.

Something I never considered. Good point.

[infofront]

I don 't think the quarreling and chaos in the bitcoin sphere is very helpful for mass adoption.

It's a little painful right now, but it will be positive over the long term. The war of ideas must be fought now so that we have a stronger bitcoin going forward.

[Last of the V8s]

I have a newfound respect for the Winkles and their ability to not say a bunch of stupid shit.

in what context? they just invested in filecoin with Barry etc. which to me counts as doing stupid shit, if not saying.

[JimboToronto]

$4.1kUSD

Looks like we're getting back on track.

I hope everyone's enjoying the cheap coins they bought last night.

[rjclarke2000]

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.

The vast majority of people either have never heard of Bitcoin or are barely aware of its existence. Most of those who know about it don't really understand it.

Ignorance breeds fear and apprehension. It certainly doesn't lead to people putting in their hard-earned money.  This is why public adoption is so low and why we're still basically in the early adopter phase.

As public awareness and education grows. so will adoption. The s-curve of adoption is still a long way from going vertical. When that happens, we'll see the 6-digit prices many speculate about.

I've been involved with bitcoin for many years and don't understand it.....

[becoin]

Who sold at the bottom?

[fluidjax]

Never fails to surprise..

[Ted E. Bare]

Yes! This is the SegWit pump to $5000 - $7000. Luckily I bought the dip.
Always buy the dip. Always.

[savetherainforest]

Never fails to surprise..

It was quite the show!    

[Meuh6879]

Shit get real ...

Code:

Block Generation Time : 	
1 block: 10.5 minutes
3 blocks: 31.6 minutes
6 blocks: 1.1 hours 

[xhomerx10]

Yeah WTF?!

[YamashitaRen]

$4.1kUSD

Looks like we're getting back on track.

I hope everyone's enjoying the cheap coins they bought last night.

I didn't, I was sleeping  
And today was a way too busier day for my taste, so no trading, I knew I'd get fucked