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

[BlindMayorBitcorn]

I hope Garzik does the right thing

I have it on good authority that BitPay operates almost entirely on spite. It's in their mission statement.

[becoin]

People whose longs got liquidated. Especially if using Bitmex. You people are mean. Not everyone that sells at the bottom are bears. Some are bulls who went long at the wrong time.

In Bitcoin there is no such thing as wrong time to go long!

[u9y42]

https://bitcointalk.org/index.php?topic=2273127.0 (Total Pants Token)

Is this your doing, BMB? Is this what all those pants you took were used for?

[BlindMayorBitcorn]

https://bitcointalk.org/index.php?topic=2273127.0 (Total Pants Token)

Is this your doing, BMB? Is this what all those pants you took were used for?

 

What's a waves token? Nevermind, don't answer that. Babysitting Bit tokens is already doing my head in.

[NUFCrichard]

I hope the CoreCoin drop will be worth something. A slightly inferior coin with 1 miner controlling 80% of the hashing power doesn't sound too tasty.

Actually "CoreCoin" is worth around $4,800 now on Bitfinex, vs "SX2Coin" at $850.  The ratio is around 6:1 now, while the high was around 9:1, i.e. Core/SX2 cross rate low is at around 0.11, which is what BCH traded for most of its life before the current plunge. 

Since there is no EDA for SX2, it's hard to imagine mining pools want to mine SX2 at 85% to 90% loss if the above price relationship holds.  So we are probably going to see good percentage of miners to simply bail the SX2 chain soon after it goes live.  Similarly, why would Jihan support a segwit (x2) chain when he has BCH, which he can mine with less loss and possibly with profit via some EDA manipulation.  So it's more likely that as some suggested here, there is going to be a "Three Kingdom" type 3 way battle at first for the hashrate.  With ultimately the market price (and mining profitability) determines hashrate distribution. 

Is there anywhere with a Bitcoin Gold price?
I guess it will be 0.0x BTC but it is interesting to me anyway as I think it would be a step back from the centralization that has been going on for years.

It looks like Sx2 coin will die, it falls between Cash and Core becoming fairly pointless, you either want bigger blocks or you don't.

[JayJuanGee]

People whose longs got liquidated. Especially if using Bitmex. You people are mean. Not everyone that sells at the bottom are bears. Some are bulls who went long at the wrong time.

In Bitcoin there is no such thing as wrong time to go long!

Yeah, but he is cryptically talking about going leverage long ... which could be a different story, if his leveraged position gets called.

[soullyG]

So it looks like $5426 was our low, we're moving up to ATH now hopefully 

[conspirosphere.tk]

So it looks like $5426 was our low, we're moving up to ATH now hopefully 

or there is still a chance for relatively cheap coins soon:


https://www.tradingview.com/chart/BTCUSDT/vH8p4FLI-Bitcoin-Market-Overview/

[barota]

i think  jamie-dimon  Speak only

https://www.cnbc.com/2017/10/13/jamie-dimon-says-people-who-buy-bitcoin-are-stupid.html



dump this fucker bitcoin damnnn

[d_eddie]

i think  jamie-dimon  Speak only

https://www.cnbc.com/2017/10/13/jamie-dimon-says-people-who-buy-bitcoin-are-stupid.html

dump this fucker bitcoin damnnn

I suggest we dump Dimon talk until something interesting happens - like if he gets full board at taxpayers expense.

[Meuh6879]

Back online.  





And we have spam here ... 

[Karartma1]

Good Meuh6879, glad you are finally back! And that has been quick too.
Yes, spam is back too and fees are going up as usual. We do need SegWit friendly txs so that everybody can start taking advantage of this improvement otherwise the network will clog during these days.
The bitcoin protocol is under pressure from every given angle!

[ragnar0k]

So it looks like $5426 was our low, we're moving up to ATH now hopefully 

or there is still a chance for relatively cheap coins soon:

I think way too many people on tradingview make predictions based on charts and not considering the news (I make better predictions than some seniors there, which says a lot).
In this case, the past high cannot be considered as it was literally truncated by the Chinese news. Maybe I am wrong, but I have the feeling we will go a bit higher this time

[numismatist]

So it looks like $5426 was our low, we're moving up to ATH now hopefully  

or there is still a chance for relatively cheap coins soon:


https://www.tradingview.com/chart/BTCUSDT/vH8p4FLI-Bitcoin-Market-Overview/

So $5000 to be exspected? $4500 if things turn worser?
Looking at charts alone is not enough. The hashrate distribution between the Cash fork and Bitcoin would tell more about price discovery. I am worried that miners exercise this switching of their gear since end of august on a daily course.

[Last of the V8s]

Back online.  

Great 


which colour you want?

[johnne]

So, I just got around to looking at the news on my computer. And they said that the president of Catalonia signed a document of independence, but it won't take effect until a couple of weeks.
Not quite the same thing as no independence. The game continues.

https://www.svtplay.se/video/15466527/aktuellt/aktuellt-10-okt-21-00-1?start=auto

At 01:28

EDIT: other news channel and some shit.

Nobody understand what exactly happened. Puigdemont didn't declare independence in his speech and talked about suspension of the process and more "negotiations", so everyone (in all sides) was like WTF!?

After the session ended, the political groups promoting independence signed a document (that wasn't voted nor referred to in the session) that seems to imply that independence is in fact declared.

Very confussing.

There is no chances because there are less riskes because there are many awarness so i will say that we should ignore facts because if we bring facts then it will destroy everything so we should say that we should ignore people and facts we should follow the things because it will be good for us so let's deal with facts and ignore the things.

[Meuh6879]

which colour you want?

Old school.
"I like the noise of screaming tires in the night ..."

[Paashaas]

Interesting interview from Jack Liao, the person behind Bitcoin Gold.

There business model looks great so far, i dont got the intention to dump Bitcoin Gold straight away.

The way it looks like atm Bitcoin Gold might transform into a decent alt-coin.

http://news.8btc.com/jack-liao-the-person-behind-bitcoin-gold-aims-to-compete-with-bitcoin-cash

[Torque]

i think  jamie-dimon  Speak only

https://www.cnbc.com/2017/10/13/jamie-dimon-says-people-who-buy-bitcoin-are-stupid.html

dump this fucker bitcoin damnnn

I suggest we dump Dimon talk until something interesting happens - like if he gets full board at taxpayers expense.

There's another reason never to listen to what this guy says:
https://en.wikipedia.org/wiki/Jamie_Dimon

He majored in psychology and economics at Tufts University.

He majored in psychology

[alexeft]

i think  jamie-dimon  Speak only

https://www.cnbc.com/2017/10/13/jamie-dimon-says-people-who-buy-bitcoin-are-stupid.html

dump this fucker bitcoin damnnn

I suggest we dump Dimon talk until something interesting happens - like if he gets full board at taxpayers expense.

There's another reason never to listen to what this guy says:
https://en.wikipedia.org/wiki/Jamie_Dimon

He majored in psychology and economics at Tufts University.

He majored in psychology

Same as Jihadi Wu of sorts ...................
Oh boy these scammers!