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

[BlindMayorBitcorn]

Can someone tell me what's the deal with alt coins? Are they holding their $ value? Or is it as bad as it looks?

Theyre holding their fiat value and LTC is actually UP %15 today.

Good enough. 

[drbrockcoin]

Can someone tell me what's the deal with alt coins? Are they holding their $ value? Or is it as bad as it looks?

Theyre holding their fiat value and LTC is actually UP %15 today.

Good enough. 

Personally since I do not have a large btc stash I was heavy in on alts to try and grow it, so if the fiat value is holding but the btc value is falling then surely thats not good since in order to cash out or if you want to grow your btc stash I am making a loss no?

[BlindMayorBitcorn]

Can someone tell me what's the deal with alt coins? Are they holding their $ value? Or is it as bad as it looks?

Theyre holding their fiat value and LTC is actually UP %15 today.

Good enough. 

Personally since I do not have a large btc stash I was heavy in on alts to try and grow it, so if the fiat value is holding but the btc value is falling then surely thats not good since in order to cash out or if you want to grow your btc stash I am making a loss no?

Sorry, I meant good enough for me.
PS. Where the heck is Jimbo right about now. I could kiss him on the mouth.

[drbrockcoin]

Can someone tell me what's the deal with alt coins? Are they holding their $ value? Or is it as bad as it looks?

Theyre holding their fiat value and LTC is actually UP %15 today.

Good enough. 

Personally since I do not have a large btc stash I was heavy in on alts to try and grow it, so if the fiat value is holding but the btc value is falling then surely thats not good since in order to cash out or if you want to grow your btc stash I am making a loss no?

Sorry, I meant good enough for me.
PS. Where the heck is Jimbo right about now. I could kiss him on the mouth.

haha yeah I get ya 

[jojo69]

paging Mr. Toronto, Mr. Toronto to the wall observer thread please

[rjclarke2000]

Just woken up here in the UK.


What the hell has been going on???

[BlindMayorBitcorn]

Just woken up here in the UK.


What the hell has been going on???

O hai! We're just being totally vindicated over here. That's all. We were right, they were wrong. No big whoop.

[BlindMayorBitcorn]

It's a brand spanking new censorship-resistant asset class. What did we think would happen.

[Lauda]

Damn, that spike was unexpected. $6k today or cooling off?
Lightning Desktop App for testing is now available: http://blog.lightning.engineering/announcement/2017/10/12/test-blitz.html.

[jojo69]

6K today, 10K by Monday

[El duderino_]

Beeing on holiday in a pump ..... Just to NICE

[Icygreen]

Could get picked up by the Brits.
I have a feeling its going to be awhile before we buy back in a bit lower (for those who sold a bit after the ATH).

[Wekkel]

Can someone tell me what's the deal with alt coins? Are they holding their $ value? Or is it as bad as it looks?

If we get another Classic Bitcoin Bubble, the Alts will languish for a while and suddenly spike upwards like nothing else. In such scenario, I give the spike upwards 2 weeks to begin. These will be millionaire making movements if you invest heavily in Alts.

[JimboToronto]

paging Mr. Toronto, Mr. Toronto to the wall observer thread please

Just got home from the local. It's still before last call but I had to eat and the (excellent) band finished early.

Seems the rally's not done yet. In less than 24 hours we went up over $1000USD/$1250CAD per coin on Bitstamp before dipping a wee.

Not a bad day... up a grand, down $200.

We all know we're in for a serious correction but $5k is still looking good as a potential bottom.

As I'm typing this I see we dropped another $100. Maybe that was it for now. Then again that's what some of us thought earlier and it turned out to be just a minor bump in the road upward.

Let's wait and see. In the meantime, many of us earned an obscene amount of money in the last 24 hours. Holding is good. So are corrections.

Go Bitcoin go.

[Wekkel]

It will become interesting when the price doubles in one week.

[BlindMayorBitcorn]

Yup, easy come easy go. Que sera sera. And so on

[aesma]

How much new money is needed for every 100$ up in price ?

I'm not saying 10K is impossible but so fast, I don't see how.

[aesma]

Also about psychological numbers, I would advise you to look at euro charts (and maybe other currencies too) if you're trading, yesterday there were clearly walls at numbers like 4400€, 4800€, etc.

[xhomerx10]

How much new money is needed for every 100$ up in price ?

I'm not saying 10K is impossible but so fast, I don't see how.

  The only requirement is that nobody is willing to sell for less than previous price plus $100.  There is no set formula; simply bids and asks.

[vroom]

I just read in the local news that there is a new exhibition in my town about the first hodler, Ferdinand Hodler a swiss painter

https://en.wikipedia.org/wiki/Ferdinand_Hodler