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

[becoin]

I'd say we're overdue for 30% correction. But I don't condone it.

Keep repeating it and never give up! Once we hit $10k you might prove right.

[empowering]

Play with fire and you get burned sometimes I guess...
The GS prediction makes me feel less bad that I have an open hedged short position from back in the day when BTC was $3960.

@Mrpumperitis: Are you saying shit is about to hit the fan? When big money is at stake I trust nobody's opinion, only the facts count.

I do intend to catch that movement though if it actually DOES happen. We are not close to $4800 though. It might turn into a self-fulfilling prophecy if everyone gets scared as we approach it.

https://www.reddit.com/r/btc/comments/6wxbsg/3000_btc_from_jan_2010_was_just_moved_to_sw/
heres one reason i think so, that i just shared....read comments and decide yourselves...
my advice...sell while its high...and many may disagree ...
i say...buy bitcoin cash while its still cheap (no need to get into a debate, its only ihmo, read ,research then decide if its for you, your choice)
 

lol

Or are you pointing out the bitcoin days destroyed?  3000 coins from early 2010 ... hmm it is interesting...

Are you trying to imply these are Satoshis coins  ?

Or do you think this is Roj?

You saying you think these  coins are going to get dumped?

It could be they just want to get at their BCH that get dumped?

3000 coins moved....  in of itself is not much to go  on.. yet

[empowering]

I'd say we're overdue for 30% correction. But I don't condone it.

It would not surprise me..

I wouldn't even mind it tbh

[Ludwig Von]

I'd say we're overdue for 30% correction. But I don't condone it.

It would not surprise me..

I wouldn't even mind it tbh

Me neither, only what would trigger it?

[empowering]

I'd say we're overdue for 30% correction. But I don't condone it.

It would not surprise me..

I wouldn't even mind it tbh

Me neither, only what would trigger it?

....a huge pump    

A pull back would not be unhealthy

This move may still have legs before we  correct ... (players playing  withstanding)

Overall - zoom out there is still lots of money that wants to come into BTC - remember.... what is that going to look like?

[Higher Altitude]

I'd say we're overdue for 30% correction. But I don't condone it.

It would not surprise me..

I wouldn't even mind it tbh

Me neither, only what would trigger it?

Profit taking? Today one year ago Bitcoin was $580. That's 8X your money.

[york780]

Is crypto dead?

[empowering]

Is crypto dead?

For the millionth time

[Elwar]

Does anyone use Bitfinex much? I sold my B*CH there and tried to send a large bitcoin payment and it's not even showing up on the network yet.

The Bitfinex message says it is "queued for processing".

How long is that supposed to take?

[empowering]

Does anyone use Bitfinex much? I sold my B*CH there and tried to send a large bitcoin payment and it's not even showing up on the network yet.

The Bitfinex message says it is "queued for processing".

How long is that supposed to take?

Have you confirmed it via the confirmation email?

Is it a new account? (if its less than 5 days old or 2fa is - this could delay things)

How large is large? (this could delay things -need manual approval)

[Elwar]

Does anyone use Bitfinex much? I sold my B*CH there and tried to send a large bitcoin payment and it's not even showing up on the network yet.

The Bitfinex message says it is "queued for processing".

How long is that supposed to take?

Have you confirmed it via the confirmation email?

nvm, just checked through their documentation and it said withdrawals could take 12 hours.

I used to use Bitfinex as a wallet way back in the day. Guess that is not a thing anymore.

[JimboToronto]

Good morning Bitcoinland.

Basically sideways, down ever so slightly... currently $4570USD/$5765CAD (BitcoinAverage).

Meanwhile, AltcoinCash is still slowly creeping down... to $565USD/$708CAD (Coinmarketcap).

Just a boring day of consolidation after yesterday's rise. I think I need extra rich coffee. Yawn.

take your profits while you can 

I prefer to take my profits in Bitcoin. 

[erre]

Does anyone use Bitfinex much? I sold my B*CH there and tried to send a large bitcoin payment and it's not even showing up on the network yet.

The Bitfinex message says it is "queued for processing".

How long is that supposed to take?

Have you confirmed it via the confirmation email?

nvm, just checked through their documentation and it said withdrawals could take 12 hours.

I used to use Bitfinex as a wallet way back in the day. Guess that is not a thing anymore.

It never was. I used to use cryptsy as my multi-coin wallet, was very easy but not the best choice I made.

[gembitz]

Good morning Bitcoinland.

Basically sideways, down ever so slightly... currently $4570USD/$5765CAD (BitcoinAverage).

Meanwhile, AltcoinCash is still slowly creeping down... to $565USD/$708CAD (Coinmarketcap).

Just a boring day of consolidation after yesterday's rise. I think I need extra rich coffee. Yawn.

take your profits while you can 

I prefer to take my profits in Bitcoin. 

ahoy matey ! ~ bitcoin stroooong ~$4500 cheap teehee

[jbreher]

If BCH succeeds in killing BTC, then:
1) There will be a general crash in crypto because it will be proved that they can be killed by such attacks; and
2) There are many better coins than BCH to play with.

Nonsense. If the market moves strongly to Bitcoin Cash over Bitcoin Core, then the narrative that 'Bitcoin Cash is The Real Bitcoin' will have been proven true.

[Icygreen]

Nearly 44M in buy orders on Stamp. Even if that is only half true   

[Ludwig Von]

I'd say we're overdue for 30% correction. But I don't condone it.

It would not surprise me..

I wouldn't even mind it tbh

Me neither, only what would trigger it?

Profit taking? Today one year ago Bitcoin was $580. That's 8X your money.

Profit taking would not trigger, you do that carefully, not to kill the goose with the golden eggs... .

[Mrpumperitis]

i wonder how many here have moved to segwit addresses...so far i hear its a very very low number.

[Higher Altitude]

I'd say we're overdue for 30% correction. But I don't condone it.

It would not surprise me..

I wouldn't even mind it tbh

Me neither, only what would trigger it?

Profit taking? Today one year ago Bitcoin was $580. That's 8X your money.

Profit taking would not trigger, you do that carefully, not to kill the goose with the golden eggs... .

I just thought about all the whales and if a big shot decides to liquidate his positions. But then again I don't know what the consequences would be.

What was that in January? Did the Chinese sell their Bitcoins because it was the new year? That was a ~30% correction and I was in the middle of it. If something like this happens again we have our impending doom moment.

[Ludwig Von]

i wonder how many here have moved to segwit addresses...so far i hear its a very very low number.

Still waiting for Mr. Mumpertits dump... . It looks like a sligh bit upwards... .
Apparently low number indeed... .