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

[Searing]

my take on BTC dropping in price and hype vs BCH

results:

1) pump and dump....by bitmain Jihan Wu and others drive BCH up to the moon....rake off the $$$ and go into alts or back to BTC with massive pump/dump profits

2) actual control of BTC and BCH becomes the TRUE Bitcoin...miners win/big blockers win and bitcoin core is no more..back before seg witness a complete re-do run by miners

3) split into 2 flavors of BTC  flavor A: BTC which acts as store of value coin.
                                        flavor B: BCH which acts like a currency

  with the result of diluting the brand name and the above combined will be worth no more than $3,000 total...rest has fled to fiat/alts/gold/other

4) consensus: BCH and BTC will get together for a scaling solution and other stuff of a shared power arrangement

I think the most likely outcome is

3) split into 2 flavors


what (3) means to me is.....some other ALT will become the next store of value and btc will just be another alt

the surity of btc being a solid store of value will go away.. reflected in price on both flavors....such store of value will got to other alts

hard to know..but likley a sketchy bet on such...with everyone trying to say we are a store of value.....doubt it wil be believed

thus that resource for crypto has gone poof, for a bit of time at least, till it regroups into another alt (which will be damn hard to choose)


anyway...not sure you can have more than 60% price rise in coin worth in 2 days...someone is cooking the books in their favor on all this

I think it is a play to take over BTC..I also think the play will fail........but if too much damage some other alt will take over BTC's store for value functions and pehaps

have MORE use as a currency as a side retult

looking kinda dire

[1714008845]

1714008845

[1714008845]

1714008845

[1714008845]

1714008845

[1714008845]

1714008845

[1714008845]

1714008845

[1714008845]

1714008845

[yefi]

Looks like institutional investors are going to get cheap BTC. Go figure.
 

[Searing]

Looks like institutional investors are going to get cheap BTC. Go figure.
 

I did nothing with BCH from my BTC...just holding and watching which way the 'mop flops'

imho, value of both chains will be 1/2 of the 7.5k or so BTC was, before this cluster

due to 'brand name' dilution and muddy of the waters of BTC core as the prefered store of value coin

will be a mess imho

[somac.]

Looks like institutional investors are going to get cheap BTC. Go figure.
 

This is what Ver and Co don't understand. They are going to lose their power, like the amateurs they are. The pros are going to clean up, like usual.

Difficulty adjustment in under 16 hours, good luck to them.

[jbreher]

Satoshi definitely did not intend for anyone to run a centralized attack on his vision of a decentralized financial system.

While I think you are likely correct about this, we seem to see different implementations as the one being thusly corrupted.

[DaRude]

Looks like institutional investors are going to get cheap BTC. Go figure.
 

This is what Ver and Co don't understand. They are going to lose their power, like the amateurs they are. The pros are going to clean up, like usual.

Difficulty adjustment in under 16 hours, good luck to them.

The part that you don't understand that Ver is a very very wealthy man. At this point it's not about money but rather power. He was being squeezed out of BTC so he's been trying to clamp on to power any way he can, and this is his last all or nothing battle. Worst case he still walks away multi millionaire

[Kuriso]

Imagine if Satoshi comes out, dump all his Bcash to tell the world BTC is the real coins 

If only.

Or the Winklevoss twins.  They own 1% of bitcoin.  They could crash the btrash.  Anyone got their phone number handy?

[promomei]

Is it over of giant ? 

[Rosewater Foundation]

bitcoin isn't a joke. i swear

SFYL, kid.

this might be the worst day of my life.  how can people be so destructive?

[arklan]

bitcoin isn't a joke. i swear

SFYL, kid.

this might be the worst day of my life.  how can people be so destructive?

you still have your home, your regular job, your health, right? i mean no joke here (i have like .0005 btc...) it isn't that bad.

[Heater]

Imagine if Satoshi comes out, dump all his Bcash to tell the world BTC is the real coins 

Or we could just get Donald Trump to tweet that the Bitcoin Cash leaders are short and fat.

[DaRude]

Imagine if Satoshi comes out, dump all his Bcash to tell the world BTC is the real coins 

Or we could just get Donald Trump to tweet that the Bitcoin Cash leaders are short and fat.

I'm not so sure about Trumps credibility, he might be causing inverse effect on this one

[BTCMILLIONAIRE]

Imagine if Satoshi comes out, dump all his Bcash to tell the world BTC is the real coins 

Or we could just get Donald Trump to tweet that the Bitcoin Cash leaders are short and fat.

Don't forget the small hands, one of them is Chinese after all.

[niners]

BCH price in BTC at the moment:
Coinmarketcap.com    0.38
Coincap.io                       0.33

Which is more accurate?

[oblox]

BCH price in BTC at the moment:
Coinmarketcap.com    0.38
Coincap.io                       0.33

Which is more accurate?

Close to 0.42 on Trex

[yefi]

3000BTC buy wall on Polo for BCH...

* yefi waves at Ver

[Kuriso]

this is getting nuts now.

[free-bit.co.in]

this is getting nuts now.

BitcoinCash is $2448, but for how long till it crashes? 24 hour change is 150%..

[DaRude]

It's starting to go full retard now

[Punisher1314]

Fuuuuck my trailing stop on finex did not work well, sold all the shit at 0,39 while i could sell at 0,49..