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

[European Central Bank]

Why you cant just hold? Free coins and we can expect many speculative moves in bch. Not best moment to sell I think

there will no doubt be many moves in the future, but there are millions of them locked up in coinbase and others and we don't know when they'll be released.

it'll probably more than double the supply.

[aesma]

Now I'm playing with the BCH, shorting everything every day and buying back the dips.

How do you determine its just a dip and not long term downtrend?

I don't. I don't care about BCH so if it's goes to 0 I don't mind. That's the beauty of it.

I'm starting to hold some in case it moons though.

[bitserve]

Lombrozo should follow through and ignore Wu's lies, I have no idea how he could accomplish it though.
Lomborzo could even 'kickstart/donate' to get funding and have enough within the hour.
Everyone is tired of Bitmain.

Jeebus, that's infantile.

Instead of pooling money to tear down Bitman, why don't you pool your money to outcompete them? Add to Bitcoin's security, rather than destroy it.

That's something I have always wondered. Why heavily invested individuals/groups (those in the high tens of thousands or even hundreds of thousands BTC) don't invest/create in a competing ASICS manufacturer?.

I can understand that mining activity depends on other factors like cheap electricity, cheap maintenance labour, etc so Chineese pools will always have an advantage there. More so if there is any State support that we are not aware of. But they could compete in mining equiment development/manufacturing.

I've read somewhere, probably in this thread, that the Chinese have spent more than 100 millions $ to get there.

100 million$ in development costs or in manufacturing? It's not the same. I am sure they have spent more than 100 million$ in manufacturing but then we will have to take into account their revenue from that spending. What we would need is an estimation of how much i+D investment would be needed to be on par with current Bitmain "state of the art" in asics.

[bitserve]

Litecoin LOL

[hazukison]

Hey peeps, dead curious what I should do right now, I have 1.1 bch and 0.713 btc Im wanting to get 1 btc but feel I should keep the bch incase the impossible happen.

If I sell it all I'll only get 0.145 atm which still only puts me at 0.858 with no bch possibility I missed the 1k selling chance n was gonna hold until but it seems to be just falling even more. What do :|

Why you cant just hold? Free coins and we can expect many speculative moves in bch. Not best moment to sell I think

Ola, this is my other option and I've been pretty good at it so far. It is a little difficult not to spend some btc for alt coins tho.

[conspirosphere.tk]

Does the chart look double toppish / top heavy or am I missing something?



Technicals look very bearish short term, very bullish long term = Either we're reverting here or it's just a weekend breath. Luckily I sold a couple of coins very near to the last high.


https://www.investing.com/crypto/bitcoin

[bitserve]

It looks like some sort of consolidation to me. But, hey, that's just me.

[becoin]

Does the chart look double toppish / top heavy or am I missing something?

You're missing something.
THIS IS BITCOIN!

[Meuh6879]

[RayX12]

https://patents.google.com/patent/US20160330034A1/en

This is a shocker... who wants to control Bitcoin??   
I sure hope they fail.

[xyzzy099]

https://patents.google.com/patent/US20160330034A1/en

This is a shocker... who wants to control Bitcoin??   
I sure hope they fail.

Instead of re-posting this FUD here, why didn't you just reply to this:

https://bitcointalk.org/index.php?topic=2040221.msg21238565#msg21238565

Note that Blockstream offer all their software patents under the DPL, (modified) IPA, individual licences and have a defensive pledge and that patent is only for sidechains and only in the US. Basically anyone can use that patent but if another group tries to litigate against someone then Blockstream can use it to protect the group(s) using it, if Blockstream ever tried to use that patent "offensively" it would not hold up in court.

Thats very high level because law is not simple but ultimately they are doing as much as they can to keep software development as open and protected from trolls as possible but there will always be people bringing half truths to sell a point like "ermahgerd patent means dey be trying to take ova Bitcoin!!!"

[sirazimuth]

https://patents.google.com/patent/US20160330034A1/en

This is a shocker... who wants to control Bitcoin??  
I sure hope they fail.

jeeezus!...you actually read all that? I got to like [0015] and went cross-eyed...

[Karartma1]

Litecoin LOL

Litecoin has its role: it's the small brother that slowly tries to find its way up. I don't see why Litecoin can't be on the second place in market cap after bitcoin. It think it's way better than many of the coins before.
In the end Litecoin, it's just another version of bitcoin.

Bitcoin got stopped again on ATH: as I said previously this will not last longer.
hold

[Meuh6879]

FUD for the thread ... ... and the end of the month, too.

[bitserve]

Litecoin LOL

Litecoin has its role: it's the small brother that slowly tries to find its way up. I don't see why Litecoin can't be on the second place in market cap after bitcoin. It think it's way better than many of the coins before.
In the end Litecoin, it's just another version of bitcoin.

Bitcoin got stopped again on ATH: as I said previously this will not last longer.
hold

Not that I am going to complain. Litecoin is second in my portfolio. But I wasn't expecting a surge just now, that's all.

[criptix]

I would just say...if I were the US, I wouldn't go buying any green bananas.

Well the North American continent doesn't seem to be going anywhere anytime soon. lol

The continent will be there but what we currently call the United States as defined by the US Constitution will soon be bankrupt and sold off or taken over by some new regime.

Considering the US debt is $20 trillion with over $100 trillion in unfunded laibilities. The interest on that debt is soon climbing from the 6th largest to the 5th largest spending item close behind welfare and soon to be more than military spending, there is not much the US can do. And they have to borrow money to pay the interest.

When your country's revenue is mainly going to pay the interest on the loans for things you paid for in the past, no amount of shuffling the chairs or budget proposals or tax changes can put you back on the right track.

What happens when the interest on the debt is 90% of the budget? Are people still going to squabble about how much money should go toward food stamps?

I though you were a military contractor elwar.

You should know what militaristic nations like the US tend to do when that happens (any1 remember germany and japan?).

At the end of the day as long as the US has the military means to subdue every opposition in the world debt wont be much of a problem.

[Meuh6879]

1st try :



An other one, An OTHER ONE !



... and september is on approach.

Double this in 1 month, my dear ?

[conspirosphere.tk]

At the end of the day as long as the US has the military means to subdue every opposition in the world debt wont be much of a problem.

Well it doesn't. Not only there are already 2 opponents capable and willing to not take any sh*t from the US, but the US is totally pwned by the joos from a long time, and that's why it's a loose cannon and so self-destructive. So I would not be so confident either in the US or in the survival of the human race.

[AlcoHoDL]

Litecoin LOL

Litecoin has its role: it's the small brother that slowly tries to find its way up. I don't see why Litecoin can't be on the second place in market cap after bitcoin. It think it's way better than many of the coins before.
In the end Litecoin, it's just another version of bitcoin.

Bitcoin got stopped again on ATH: as I said previously this will not last longer.
hold

Not that I am going to complain. Litecoin is second in my portfolio. But I wasn't expecting a surge just now, that's all.

Same here. Litecoin is the second coin in my vault. I love Litecoin. I believe that it has its place in the crypto space, and a good future. I particularly like its speed (4 times more "beats" than Bitcoin), its very low fees (still), and the willingness of the development team and the community to adopt new technologies, such as SegWit and the Lightning Network.

Speaking of fees, I did a few BCH transactions recently, and noticed the extremely low fees that Bitcoin Cash has. My last one was for 15 BCH and the fee was 0.000001 BCH (approx. $0.0006). As much as I love the original (Core) Bitcoin, I do greatly appreciate the low fees of Bitcoin Cash. The same amount in BTC on the same day cost me $11 in fees (nearly 20000 times higher than BCH).

[JimboToronto]

Good morning Bitcoinland.

Still going sideways... $4358USD/$5438CAD (Bitcoinaverage). Surprisingly Altcoin cash hasn't slipped too much... $619USD/$772CAD (Coinmarketcap).

No weekend fireworks so far. Still have a few days left in the month to get a new ATH in. $5kUSD would be nice.