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

[bitserve]

What a recovery, did not expect this. Any reason behind it? Been out of the loop for a few days

Business as usual / Shorters being rekt.

[ragnar0k]

BC has gone berserk for no reason whatsoever, and what is killing me is that I must resist looking at blockfolio as I think it is bad luck

[Icygreen]

What a recovery, did not expect this. Any reason behind it? Been out of the loop for a few days

BCH was released on Stamp today also as I suspected and posted about before, entering 4k was likely only with strong confirmation.

[JimboToronto]

What a recovery, did not expect this. Any reason behind it? Been out of the loop for a few days

Standard Bitcoin behavior. Nothing unusual.

Hope everyone stocked up when the price was down.

[Odalv]

My only dream is that Altcash heads back to 0.20/btc so I can unload the rest that I have.

My dream is that Altcash will find its way into anonymous ATMs or other OTC channels so I can sell/convert mine without compromising the anonymity of the associated real bitcoins.

I have sold anonymously on bitfinex. No verification required if you buy BTC. They ask only for "email" where you will receive notifications.

[Icygreen]

What a recovery, did not expect this. Any reason behind it? Been out of the loop for a few days

Standard Bitcoin behavior. Nothing unusual.

Hope everyone stocked up when the price was down.

Yeppers! Actually bought twice this morning before each leg up.  

[WhatsBitcoin]

12 months hours of sideways never hurt nobody

 

[Meuh6879]

Pump ahead.

http://www.zerohedge.com/news/2017-09-26/hyperbitcoinization-bitcoin-trades-85-premium-zimbabwe-priced-7200

The use of Bitcoin in Zimbabwe has grown exponentially as the government has begun to stop all credit card payments and has restricted the flow of cash into and out of the country.

People wishing to make payments for vehicles have been forced to use Bitcoin and car lenders are happy to accept.

In all the chaos, the price of Bitcoin on the local exchange, BitcoinFundi, has soared to $7,200.

[YamashitaRen]

Dump ahead.

Bitcoin is at 3.7k in China.

Or maybe there isn't much relation between bitcoin price in global market and bitcoin price in theses closed markets...

[ragnar0k]

....Maybe markets are betting China will not close?

[404Revolution]

Ah yes, Zimbabwe: the country notorious for level headed, inteligent monetary policy. Zimbabwean bank accounts are the envy of the world, a huge status symbol to bank in Zimbabwe. More billionaires per capita than anywhere else in the world.

[mozillaspez]

Dump ahead.

Bitcoin is at 3.7k in China.

Or maybe there isn't much relation between bitcoin price in global market and bitcoin price in theses closed markets...

There is a huge relation in global market i think you are the new person that saying that look at the media people are arising questions against bitcoin that who are the creator who toke bitcoin to high level and you are talking here like that.

[JayJuanGee]

If we have another fork that even rhymes a little to this one, I can only see bitcoin getting stronger as people buy more in anticipation of the air drop.

Without replay protection, it will be a slow mess to untangle the altcoins though.

If replay protection is not added, then what is going to be the solution, something like 100 confirmations?  Or am I misunderstanding the gravity of the problem and adding confirmations would that not be enough?

[Meuh6879]

400 BTC wall for 3600 Euros (4230 USD).
Easy !

[Odalv]

If we have another fork that even rhymes a little to this one, I can only see bitcoin getting stronger as people buy more in anticipation of the air drop.

Without replay protection, it will be a slow mess to untangle the altcoins though.

If replay protection is not added, then what is going to be the solution, something like 100 confirmations?  Or am I misunderstanding the gravity of the problem and adding confirmations would that not be enough?

Longest chain will win.

[Meuh6879]

and miners mine 2x blocks loose a lot of money, too ...  

[njcarlos]

Slightly off topic: where do you all get your news re: bitcoin, specifically news out of China? Twitter?

[d_eddie]

If we have another fork that even rhymes a little to this one, I can only see bitcoin getting stronger as people buy more in anticipation of the air drop.

Without replay protection, it will be a slow mess to untangle the altcoins though.

If replay protection is not added, then what is going to be the solution, something like 100 confirmations?  Or am I misunderstanding the gravity of the problem and adding confirmations would that not be enough?

100 confirmations should be safe enough, quite hard to reverse that much.
But in a fork/war context it could take days instead of 1000 minutes (16-17 hours).
And doubt about the winning chain can add to the paralyzing effect. IF the fork happens, which still remains to be seen.

[d_eddie]

Dump ahead.

Bitcoin is at 3.7k in China.

Or maybe there isn't much relation between bitcoin price in global market and bitcoin price in theses closed markets...

There is a huge relation in global market i think you are the new person that saying that look at the media people are arising questions against bitcoin that who are the creator who toke bitcoin to high level and you are talking here like that.

Hm? Is Google Translate out of order?

[d_eddie]

Slightly off topic: where do you all get your news re: bitcoin, specifically news out of China? Twitter?

Links (to Twitter, Reddit or other sources) found in this very thread