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

[vroom]

Prepare for "something" ...

most likely a spam attack combined with some pow hashrate switch to bch: http://fork.lol/pow/hashrate

[gembitz]

bitcoin flying GBTC i think is why weee

[CristiTCM]

So i have some money prepared for the november fork! hope the price go down so i can buy more bitcoin
If we repeat the same process as in august, then the price will go down then up to a new height.
What do you think?

[xhomerx10]

Guys, is hodl a paradox? When are we supposed to enjoy our riches? I've never had riches before. Should I be living in a richly place now? I've never lived in a richly place before.

I just don't know.

Some time back, I bought my wife an Instant Pot (fancy pressure cooker) with Bitcoin at a 25% discount via Amazon/Purse.io. Told her by using Bitcoin (which was already way up for me), it was the cheapest Instant Pot money could buy.   

Then Bitcoin quintupled.

Now she looks at the Instant Pot and says, "Most expensive fucking Instant Pot money could buy."     And sits there scheming over all the things she could have bought HODLing instead.

So yes. HODL is a paradox. Yes indeed.

Nevermind I bought all the dips on the way up. Nevermind I can retire early now. That fucking Instant Pot will always be my HODL reminder.

"Yes honey, it's a lovely house, but we could have bought a fucking castle, you idiot!"

 Instant Pot is awesome though!  Tender cooked beets in 15 minutes. I guess if your wife uses all that new-found free time to ponder what could have been... damn it actually was a bad idea!    Can you buy meds with Bitcoin?

[gembitz]

So i have some money prepared for the november fork! hope the price go down so i can buy more bitcoin
If we repeat the same process as in august, then the price will go down then up to a new height.
What do you think?

n00bvember fork is BCH vs ShitGold? bwaa :-D sureeeee keep mm coming ===> honeybadger don't give a fork

[vroom]

So i have some money prepared for the november fork! hope the price go down so i can buy more bitcoin
If we repeat the same process as in august, then the price will go down then up to a new height.
What do you think?

we have 2 upcoming forks, bitcoin gold and segwit2x. from bcash people know that a fork means free money. I think the price will go up and not down, people are buying because they want free coins. but we will most likely see a correction after the forks.

[ragnar0k]

But what about SW2x?
I still don't understand... It is very confusing
- Will there be another money drop like BCGold and BCcash with the SW2x split?
- Who will own the original name? What will be the name of the SW2x coin?

Meh I just don't get it, maybe I am just too noob, but can't find info on that, and lack of info will drive the price down

[CristiTCM]

So i have some money prepared for the november fork! hope the price go down so i can buy more bitcoin
If we repeat the same process as in august, then the price will go down then up to a new height.
What do you think?

we have 2 upcoming forks, bitcoin gold and segwit2x. from bcash people know that a fork means free money. I think the price will go up and not down, people are buying because they want free coins. but we will most likely see a correction after the forks.

Any dates for this forks or is just rumors?

[gembitz]

But what about SW2x?
I still don't understand... It is very confusing
- Will there be another money drop like BCGold and BCcash with the SW2x split?
- Who will own the original name? What will be the name of the SW2x coin?

Meh I just don't get it, maybe I am just too noob, but can't find info on that, and lack of info will drive the price down

there will only ever be one bitcoin core development team and they are currently based out of New York.      lol n00bs!!

[ragnar0k]

But what about SW2x?
I still don't understand... It is very confusing
- Will there be another money drop like BCGold and BCcash with the SW2x split?
- Who will own the original name? What will be the name of the SW2x coin?

Meh I just don't get it, maybe I am just too noob, but can't find info on that, and lack of info will drive the price down

there will only ever be one bitcoin core development team and they are currently based out of New York.      lol n00bs!!

But... you just told me I am a n00b without answering any of my questions 

[becoin]

What will be the name of the SW2x coin?

B2X. You can name it whatever you like. Doesn't matter! There will be hundreds of Bitcoin forks in future and all they'll give you free money drops. Take them and convert into bitcoins!

[xhomerx10]

Did I ever told you how much I love people on these forum and their little "cooking pot" stories??

bought one of these couple of years ago, "paid by" bitcoin.



it is a fantastic bike. as fantastic as its $45 000,00 price tag. only bitcoiners know. 

 You must be Danish.  We don't yet have the infrastructure to support cycling in Canada and distances are to great to consider it for the most part.  Cool bike though - I like the upfront seats for the kids.  Looks like a a great touring bike.
 

[bitserve]

My bet is on Charlie!

https://twitter.com/rogerkver/status/913870930815807488
https://twitter.com/SatoshiLite/status/913874126812569600

That's one heck of a deal Charlie closed there!

[ragnar0k]

What will be the name of the SW2x coin?

B2X. You can name it whatever you like. Doesn't matter! There will be hundreds of Bitcoin forks in future and all they'll give you free money drops. Take them and convert into bitcoins!

Ah, feel much better. I was thinking there was going to be a contention on the bitcoin name (as I understand also some 'core' devs are leaving for b2x) - in this case it is obvious which one is the 'altcoin'! Thanks for clarifying!

[btcbeliever]

this hodl philosophy will really hurt bitcoin one day. this could end in some kind of deflation spiral, nobody uses bitcoin to buy stuff because stuff will be much cheaper tomorrow.

to solve this hodl problem we need a new kind of service. A combination of payment and exchange service. with this service it should be possible to pay for something in bitcoin and also instantly exchange the same amount of fiat back to bitcoin - payhodl.com!

Trust me, when most of your wealth is tied up in bitcoins, you will spend them.

The flaw is thinking that people that get it will be holding very much fiat to spend. Maybe enough for a restaurant or groceries for the week but the big things like travel, large purchases, etc. are done with bitcoins.

Very true.  Money is only useful when it is spent on items we value.  Also need to diversity into fiat to tide us wealthy bitcoiners over through the long bear markets.

[Torque]

Charlie has the better deal that's for sure; however, Roger probably does not give a shit because he has so much money and he is so filled with emotion, and he does not mind throwing away 250 BTC for this cause...... in order to replace that BTC with something that is lucky to have 1/10 the value...  Sure, a publicity stunt that may cost Roger around $1million... to trade BTC for what is likely to be our newest introduction of a shitcoin.

For some reason, 20 years from now I foresee Roger Ver as broke and homeless, having foolishly squandered all his Bitcoin and other money because he is an un-savvy, piss poor investor and money manager and often lets his emotions get the best of him. Kinda like those people who win the lotto, only to be completely broke a few years later.

He will be the rags-to-riches-back-to-rags story of this generation.

[mike4001]

4300 seems to be a tough bastard

[bitserve]

Charlie has the better deal that's for sure; however, Roger probably does not give a shit because he has so much money and he is so filled with emotion, and he does not mind throwing away 250 BTC for this cause...... in order to replace that BTC with something that is lucky to have 1/10 the value...  Sure, a publicity stunt that may cost Roger around $1million... to trade BTC for what is likely to be our newest introduction of a shitcoin.

For some reason, 20 years from now I foresee Roger Ver as broke and homeless, having foolishly squandered all his Bitcoin and other money because he is an un-savvy, piss poor investor and money manager and often lets his emotions get the best of him. Kinda like those people who win the lotto, only to be completely broke a few years later.

He will be the rags-to-riches-back-to-rags story of this generation.

That's what I think sometimes but then I remember that he presumably switched some big yet undisclosed amounts to ETH and other shitcoins way before the HUGE exponential rise. So, who knows, maybe he is doing well after all. Hard to tell.

[JimboToronto]

Good morning Bitcoinland.

Nice to see a slow creep upwards... currently $4307USD/$5374CAD (Bitcoinaverage).

Altcash stalled at $440USD/$550CAD (Coinmarketcap).

Let's see what the new month and the closing of the Chinese exchanges bring.

My guess is up.

[Bitcoinaire]

Welcome back $4300.