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

[podyx]

[vroom]

what's going on, who of you cashed out?

[Lauda]

what's going on, who of you cashed out?

Who in their right mind would keep all of their stash on an exchange? It would not be unwise to sell a very small amount in order to have some stinking fiat for champagne && other *consumables*¹(whatever people are in to these days) until the fork drama is over.  
[1] I can recommend Cat wine: https://www.meowingtons.com/products/cat-wine.

[JimboToronto]

what's going on, who of you cashed out sold at the bottom?

ftfy 

[EtihadBitcoin]

   BTG/BTC
    Last
    0.069850
    High
    0.080000
    Low
    0.030000
    Vol
    360


aaaahahhaaha btg worth more than ether and bitcoin crash https://www.bitstar.com/

Why have I never heard of BTG before? Altcoin of the Chinese exchanges perhaps?

They are a defacto Chinese exchange post PBoC banning them out of the country?

Quite interesting how you said Bitcoin crash instead of Bitcoin cash.

[pfrtlpfmpf]

I´m sorry, i can`t take it anymore, lay myself on the floor, i just can´t take it  

[xhomerx10]

I remember Coinbase hitting 10M accounts like 4-6 weeks ago.

I just checked again and, holy crap, they're up to 11.3M accounts. That's 1.3M accounts added since. 

 grabbed this from reddit:



 I'll see if I can update it.

 Grabbed a few more points from the Wayback machine et voici:



 parabolic

[Wekkel]

Wait for that price doubling within 1 week. This is when HODLing counts.

[Torque]

One thing to note, we could be entering bubble territory if the price begins to deviate sharply from what mining ROI hashrate supports. By my back-of-the-napkin calculations, that level is right around $4k/btc. And note that the hashrate increases have somewhat slowed as of late. I'm hoping that is only temporary.

Now some of this money coming in could really be institutional hedge fund money, who are taking large long positions. Hopefully they have better long term vision than the millions of kiddies with their $200 overnight bets burning a hole in their pocket.  

[Neo_Coin]

In my opinion, we must reflect on what it is used for a Fork:
 
1) to solve at least in theory some technical problem.
2) to earn a lot of money to someone.
3) to allow the enemies of the Bitcoin to sow internal destructive wars which is anarchic by definition and does not have a centralized authority that decides and resolves. The best way to decrease the confidence that ordinary people can have in the system itself and its efficiency. Really the only way to destroy the Bitcoin system.

[jojo69]

Kraken broke bitcoinwisdom, it seems. Who knew a toaster could do that.

bitcoinwisdom has been abandoned for months, if Kraken changed something in their API there is no one to make sure it works at the bitcoinwisdom end

[DaRude]

https://twitter.com/SatoshiLite/status/921701035491573761

Charlie Lee [NO2X]‏
@SatoshiLite

My trade with Roger Ver is all set. Here are the terms we agreed to. Let the chips fall where they may! 🚀

i'm going to laugh when 2mb blocks start printing :-D weeeee

WTF how can i swap 1:1 BTC:SEG2x with Ver?? I guess he's already abandoning BCrASH?

[Ibian]

I think, theres no TA applicable here, it`s all emotions, for the moment .

I say, that looks like quite the bubble! No way it can keep going up!

[fragout]

I think, theres no TA applicable here, it`s all emotions, for the moment .

I say, that looks like quite the bubble! No way it can keep going up!

Must have been hard to hodl during that crash from 40c to 20c. One would need strong hands to hold out under that pressure

[Spaceman_Spiff_Original]

https://twitter.com/SatoshiLite/status/921701035491573761

Charlie Lee [NO2X]‏
@SatoshiLite

My trade with Roger Ver is all set. Here are the terms we agreed to. Let the chips fall where they may! 🚀

i'm going to laugh when 2mb blocks start printing :-D weeeee

WTF how can i swap 1:1 BTC:SEG2x with Ver?? I guess he's already abandoning BCrASH?

He doesn't want any additional trades, unfortunately.

[pitham1]

I think, theres no TA applicable here, it`s all emotions, for the moment .

I say, that looks like quite the bubble! No way it can keep going up!

Must have been hard to hodl during that crash from 40c to 20c. One would need strong hands to hold out under that pressure

It just took a couple of months to recover. The crash from $1200 to $200 would rank as the toughest, It took years for the price to recover.
In percentage terms, I think the fall from $32 to $2 would be the largest.

[Ibian]

I think, theres no TA applicable here, it`s all emotions, for the moment .

I say, that looks like quite the bubble! No way it can keep going up!

Must have been hard to hodl during that crash from 40c to 20c. One would need strong hands to hold out under that pressure

It just took a couple of months to recover. The crash from $1200 to $200 would rank as the toughest, It took years for the price to recover.
In percentage terms, I think the fall from $32 to $2 would be the largest.

I actually kept buying all the way from 1100 and all the way to the bottom. And then I KEPT buying on the way up until I was eventually back above water. Ended up with 3 times the coins I initially set out for.

[Imbatman]

Ibian I did just about the same thing.  I still kick myself for not buying more at the lowest price I'm in for which is $190, but I'm so glad I didn't get discouraged about the first coin I bought which was a shade under $975

[Torque]

I actually kept buying all the way from 1100 and all the way to the bottom. And then I KEPT buying on the way up until I was eventually back above water. Ended up with 3 times the coins I initially set out for.

Same. I kept buying on the way down, and some on the way back up. Until my average cost basis was ~$500/btc, and I ended up with 2.75X more than I started with. I'm still buying when I have extra money and will continue to do so.

Five years from now, people are going to be astonished that we were even talking about bitcoin at that price level like it was some sort of stress, or even today's price level.

That's why people should just buy some and hold for years, and don't worry about the current price. In the grand scheme of one's life and the miniscule level of adoption we are at right now, it's a silly thing to even worry about.

[yefi]

It just took a couple of months to recover. The crash from $1200 to $200 would rank as the toughest, It took years for the price to recover.
In percentage terms, I think the fall from $32 to $2 would be the largest.

I contend the fall to $2 was the toughest. The holders then were truly staring into the abyss, as price had never collapsed by so much before. The shrill cry of "it's just a bubble" would've rung truer in their ears. The drop to $200 felt like a cakewalk in comparison - Bitcoin had proven its resilience.