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

[Higher Altitude]

Time for btc to go crazy and hit +140%

I'm backing that move . if only I had loads of fiat

Same thoughts here. If only I could take up a credit of a couple hundred thousand dollars.

[becoin]

The miners switch networks to provoke a correction, to ensure the bulls can rest a little.

Bulls can't rest because growing number of people are awaiting a decent correction to jump into bitcoin for the first time. This is why we have new ATH shortly after every such correction.

[Hyperjacked]

Bitcoin is whatever my wallet accepts.

Bitcoin is also:

"Bitcoin is a worldwide cryptocurrency and digital payment system called the first decentralized digital currency, as the system works without a central repository or single administrator."

The bolded parts are what any person with a half a brain can see are NOT reflective of BCH. Not reflective of BCH in control, in mining, nor in exchange volume. I wouldn't even call BCH a worldwide currency, because nowhere can you even buy it with fiat, or spend it on anything with any merchant.

Ya know, it gets tiresome to have the same argument over and over again with these nitwit trolls. For years the same argument. They bring up high transaction fees as the issue, which BTC supporters acknowledge as needing to be solved. But then when BTC supporters bring up maintenance of mining decentralization as the ROOT issue, then the BXT/BU/BCH/2X supporters never acknowledge or agree, just ignore that point, hand-wave it off, and run away. End of discussion. Every. Single. Time.

That's why I know this has never been a debate about what's best for Bitcoin's longevity. It's been either about control, or about crushing Bitcoin.

No BCH is not Bitcoin. It is right at this moment a fledgling, shitty PayPal 2.0 and that's all it will ever be.

Look Torque... I respect you and have appreciated your perspective over the years but I think your wrong on this one. Call me a nitwit troll but I have been on the winning side for a long time  

[mattimann]

Call me what ever you like, but:

I feel, this is all about playing with us. Don´t fall for it. I can smell it... BTC will hit 10k-12k soon. Over the years we went through the same discussions again and again...
Bitcoin is unstoppable!

[oblox]

Hey Coinbase... how about you actually start broadcasting transactions. The mempool is large enough as is...

[ragnar0k]

Bought some 150$ worth of BTC 6 hours ago from coinbase and still waiting for them to reach my wallet.
Not sure if BTC completely dead or CB not helping

[gembitz]

this is war weee

https://blockchain.info/charts/mempool-size

[True Myth]

Significant dump this is, it’s not going to get much worse though, surely. I hope 6k stays strong.

Set up my last buying order at 6k. Hope you are right.

I'm thinking bottom (of this dip) will be closer to 5.6k. But, this is my first post so, what do I know? I also don't have those magical "optimism charts".

Not bad for a first post...  We now return you to your regulary scheduled bitcoin.

[jbreher]

"Bitcoin is a worldwide cryptocurrency and digital payment system called the first decentralized digital currency, as the system works without a central repository or single administrator."

Perhaps if you could make a cogent case showing how Bitcoin Segwit is in any way more decentralized than Bitcoin Cash, you might have a point. But so far, all I've seen from you or others is mere hand waving.

[BitcoinNewsMagazine]

Bought some 150$ worth of BTC 6 hours ago from coinbase and still waiting for them to reach my wallet.
Not sure if BTC completely dead or CB not helping

It is a good idea to check the bitcoin memory pool before sending to see if there is a transaction backlog. If there are more than 50K transactions waiting to be confirmed consider waiting. The memory pool should clear later today when Bitcoin Cash difficulty increases by 400% and miners switch back to mining Bitcoin.

[Imbatman]

And down goes Frasier ... err... BCH

[barota]

Congrats. Bitcoin is successfully cleaning itself from Wus, Vers, Rights, and other rats. Future for Bitcoin is bright!

Mostly like your post .... short and straight to the point

the dump will back . i know chart of bitcoin since long time . just wait you will see 5400 usd after some hours

[becoin]

"Bitcoin is a worldwide cryptocurrency and digital payment system called the first decentralized digital currency, as the system works without a central repository or single administrator."

Perhaps if you could make a cogent case showing how Bitcoin Segwit is in any way more decentralized than Bitcoin Cash, you might have a point. But so far, all I've seen from you or others is mere hand waving.

Actually he has very good point. What you call Bitcoin Segwit can do ALL the things so called Bitcoin Cash can do and a lot more. This is why BCH is dead. It was born dead.

[ragnar0k]

Bought some 150$ worth of BTC 6 hours ago from coinbase and still waiting for them to reach my wallet.
Not sure if BTC completely dead or CB not helping

It is a good idea to check the bitcoin memory pool before sending to see if there is a transaction backlog. If there are more than 50K transactions waiting to be confirmed consider waiting. The memory pool should clear later today when Bitcoin Cash difficulty increases by 400% and miners switch back to mining Bitcoin.

And hopefully the fuck*r crashes forever, as I am getting tired of this game
Thanks for the suggestion tho!

[Torque]

"Bitcoin is a worldwide cryptocurrency and digital payment system called the first decentralized digital currency, as the system works without a central repository or single administrator."

Perhaps if you could make a cogent case showing how Bitcoin Segwit is in any way more decentralized than Bitcoin Cash, you might have a point. But so far, all I've seen from you or others is mere hand waving.

Actually he has very good point. What you call Bitcoin Segwit can do ALL the things so called Bitcoin Cash can do and a lot more. This is why BCH is dead. It was born dead.

Notice how jbreher the troll doesn't acknowledge that Bitcoin Cash is the ULTIMATE in a 98%+ centralized mining operation, nor ever gives any evidence to the contrary. He doesn't even care that it's a problem. He just deflects, hand-waves, and tries to turn the argument back on the other person.   He's fkn done this for years, it's his MO.

[conspirosphere.tk]

Notice how jbreher the troll doesn't acknowledge that Bitcoin Cash is the ULTIMATE in a 98%+ centralized mining operation, nor ever gives any evidence to the contrary. He doesn't even care that it's a problem. He just deflects, hand-waves, and tries to turn the argument back on the other person.   He's fkn done this for years, it's his MO.

Only putting their money where their mouth is will let the motherforkers see the light.
Happy bagholding to those who didn't dump that bitch yet. And good luck finding a bar accepting that for your coffee.

[Coinnosaurus]

this is war weee

https://blockchain.info/charts/mempool-size

This is normal behavior during pump/dump  https://blockchain.info/charts/mempool-size?timespan=all , but this time might reach new ATH

[bones261]

Notice how jbreher the troll doesn't acknowledge that Bitcoin Cash is the ULTIMATE in a 98%+ centralized mining operation, nor ever gives any evidence to the contrary. He doesn't even care that it's a problem. He just deflects, hand-waves, and tries to turn the argument back on the other person.   He's fkn done this for years, it's his MO.

Only putting their money where their mouth is will let the motherforkers see the light.
Happy bagholding to those who didn't dump that bitch yet. And good luck finding a bar accepting that for your coffee.

Does a Bitmain ASIC generate enough heat to make coffee??

[monsanto]

Hmm.. might want to set some low buy orders just in case  

https://blockchain.info/address/14KsG6hxkM3cGGC4DvyEdf8uytoE7x9WRQ

I'm going to go out on a limb and say we'll see the largest sell wall in bitcoin history today.

I'm trying to remember some of the past giant sell walls in BTC history. One that stands out in my memory is the one at 300 when the guy cashed out.. I think it was around 30k BTC IIRC.  Of course, that could be dwarfed today in terms of USD value. And I have a feeling it will be soon.  Although this time there's a good chance it's only flashed. Be safe out there folks  

[Torque]

Only putting their money where their mouth is will let the motherforkers see the light.
Happy bagholding to those who didn't dump that bitch yet. And good luck finding a bar accepting that for your coffee.

The other ultimate irony is that Roger Ver travels the world promoting BCH. But whenever he eats out (which judging by his Twitter stream is a lot), nowhere does any restaurant accept BCH so he has to pay in Bitcoin. LMAO.