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

[Searing]

Whale money is shuffling into alt coins again. To teach us all a very valuable lesson, you see?

Again, off topic...but MY bet is on LTC for now.....I just can't see 6k to 7k BTC w/o litecoin at least being 100 to 150 usd

hell maybe even 300 bucks

anyway, my supposed safe bet for now

BTC hoard (check)

Alt Coin hoard (good enough for now) (check)

LTC hoard (600 LTC out of goal of 1,000 LTC) (before bitmain makes enough toasters to make my already ROI"d stuff doorstops) (in progress)

I'm a simple man, with simple goals.....but this is my bet (note the date of this post so you can beat me up on if this is a bad idea sometime in 2018)

[ErisDiscordia]

I am so scared. Is this the end of Bitcoin? Is crypto done? 

[Lopumbo]

I also made a bet on LTC last month, thinking it couldn't get lower than 0.01BTC...

I am so scared. Is this the end of Bitcoin? Is crypto done?  

crypto is done, get out while you can

[Odalv]

What's going on?

Anything happend?

Looks like start of the correction after epic rise to 7800. Guess what will be the bottom support this time?

$5,000 ?

[BlindMayorBitcorn]

The _upgrade_ didn't take, they have to crash the price a bit otherwise they look wrong.

[Searing]

I am so scared. Is this the end of Bitcoin? Is crypto done? 

er...huh? we have consensus....we have segwit2 write or wrong on scaling (ie lightning) ,

strife internally is muted.......

we are these guys now below as mass against the rest of the world (alts, FUD, banks, Gov't)

bring it on...'sheep be rising'

[Last of the V8s]

[spooderman]

What's up old friends?

[explorer]

What's up old friends?

Alts?

[marcus_of_augustus]

Whale money is shuffling into alt coins again. To teach us all a very valuable lesson, you see?

Lesson being whales are inveterate gamblers and ..... there's always a bigger fish.

[Last of the V8s]

So, farewell, Jeff.
Which developer will they burn with their next attack?
They could hoik Vitalik 'back into bitcoin' to 'make it better'.

[Denker]

The _upgrade_ didn't take, they have to crash the price a bit otherwise they look wrong.

What upgrade?? This was an attempt of a hostile takeover. And the community said "F U !".
The bad actors are known now and the users won't forget what they have done. These companies and CEOs already look being wrong. They just prevented themselves to end as the biggest jokes in the entire ecosystem. For now!! I'm pretty sure these dummies will try again at some point in the future.
And the price correction would have happened any way imo. This is needed and healthy.

[mike4001]

Actually I think its a good sign if we can hold an above 7000 level with all the money going into bitcoin because of "free segwit2x coins"

I would have expected a drop to the 6000s.

[bitcoinminer42]

Actually I think its a good sign if we can hold an above 7000 level with all the money going into bitcoin because of "free segwit2x coins"

I would have expected a drop to the 6000s.

maybe u'll see it near term

[ferdinandos93]

http://www.brainlesstales.com/images/misc/bitcoin-roller-coaster.gif

This .gif accurately summarizes today.

What a freaking crazy ride, amirite ?

Yes, you are rite about 93% of the time, and this is one of those times. 

I am so excited that I am about to employ colors and bold and weird choo expressions, - but possibly, I can hold back a bit longer - especially, since even though bitcoin dynamics are looking good, us HODLers and accumulators are not necessarily completely out of any woods, yet.

I agree with this ride it goes up and then down and up i do not know what is wrong with bitcoin at the moment i see it going to 7.5k than 7.3k than back to 7.5k it is not a normal thing that bitcoin does do.

[ZedMain]

Now it has settled and we are back to where we started before all the 2x getting cancelled news.

Can we finally get back to getting to $8k already?

Someone is still buying futures, the miners are still signalling. Seems premature..

https://vignette.wikia.nocookie.net/smashbroslawlorigins/images/2/2c/Its-dead-jim.jpg/revision/latest?cb=20150316200750

the futures have gone from $186 to $220 while we've dropped. does this mean nothing?

Yeah, futures are now $340. Still no idea what's going on.

What are features ? is this a new coin or something i am new and i actually want to know about it because i saw this "futures" coming in a lot of topics today.

[yefi]

With CME going live in less than a week, alts better watch their game. This may still be a premature rotation...

[fragout]

Why are B2X futures still trading and rising in value ?? https://coinmarketcap.com/currencies/segwit2x/

[fragout]

With CME going live in less than a week, alts better watch their game. This may still be a premature rotation...

Im slightly confused on how CME will affect the price of bitcoin as there is no actual bitcoin bought in their trades and people using CME are basically just betting on the future price. Or have i got it totally wrong?

[Last of the V8s]

Why are B2X futures still trading and rising in value ?? https://coinmarketcap.com/currencies/segwit2x/

http://log.mkj.lt/trilema/20171108/#441

<davout>  logic is that on some platform that offered "prefork coin splitting" the prefork-SW2X-coinz are needed to merge with the prefork-actual-bitcoin in order to have a prefork-full-bitcoin

people buying them do so in order to be able to withdraw from platforms immediately without waiting for the contract expiration on nov. 16th

therefore, nonzero value

will converge to perceived risk pricing of leaving buttcoin on a platform until contract expiration