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

[Mrpumperitis]

if you really want to buy cheaper btc....set buys up from $3300-$4100 this is the next price range its going to

Thanks. I got some limit buys a little over $4000, just in case.

kl....spread em out, they will be filled

[becoin]

A non-mining node by itself has no influence.

I agree. This is exactly what altcash non-mining nodes are. But I don't think there many of them anyway. Why would you run altcash non-ming node? It is waste of money.

[becoin]

....bitcoin is getting dumped guys, run while you can....ITS GOING UNDER $5K VERY SOON

LOL... Pumpy... I thought you lost all your money playing ETHf pump and dump ICO shit fest.

[Mrpumperitis]

....bitcoin is getting dumped guys, run while you can....ITS GOING UNDER $5K VERY SOON

LOL... Pumpy... I thought you lost all your money playing ETHf pump and dump ICO shit fest.

eh, cmon bro, you know fine well i did gd on eth and even better on xrp...i told you get sum when it was 2xrp for 1cent lols
and then the real bitcoin bch and a few others....its been an amazing yr

[JayJuanGee]

Maybe the odds for breaking upwards rather than downwards have shifted from about 53%, which would have been yesterday's assessment to about 56%, at the moment?  Am I missing something?

56.75% as of latest.
(Trying to keep a serious face. I can hold it as long as I please.)

I don't mind a bit more bullish assessment, but your assertion is OUTRAGOEOUS. (so much that I cannot even spell it.) and I think that you are just making shit up, just to tease and to cause us more bullish than reasonable....

check your TA, this thing looks like its going south for the short term

Analysis
https://bitcointalk.org/index.php?topic=274613.0

hope link works now

First of all, you are linking to the first page of a 271 page thread (started in 2013).  which is the technical analysis that you believe applies to this situation that would cause you greater than a 44% assessment that we are breaking below $6100, and even if we break below $6100, there are further areas of support below that that would need to be overcome to break lower.

Second, since when has technical analysis been clear in bitcoin?  Are you suggesting that masterluc has better technical analysis that actually accounts for s-curve adoption.. therefore, we can still have s-curve adoption and technical analysis that shows corrections (including this supposed one?) while still going up?

Anyhow, my questions concern what are you saying, exactly? 

We just had a 30% correction over this past weekend, and we had a 40% correction in mid September from $4,980 to $2,970.  You are expecting more correction, and now?  What about our recent news about those stupid-ass big blockers having had given up on Segwit2x (at least for the moment), isn't that bullish? And, what about the flaming out of this BCH pump and dump?  You think that these BCH pumpers and dumpers have more pump left in them?  Isn't it costly to pump that shitty project?  Yeah, sure they can play ETH and some other alts and spread some BTC is dying FUD, but is that really gonna resonate in our current situation? 

Where you getting your "going south" from?  And with such seeming certainty too?  What odds you placing on this supposed "going south" assessment?  and how far south we going?  and what's the timeline on this?

Sure, I don't mind some going down, but we have some up to go, too, right?

[JayJuanGee]

Maybe the odds for breaking upwards rather than downwards have shifted from about 53%, which would have been yesterday's assessment to about 56%, at the moment?  Am I missing something?

56.75% as of latest.
(Trying to keep a serious face. I can hold it as long as I please.)

I don't mind a bit more bullish assessment, but your assertion is OUTRAGOEOUS. (so much that I cannot even spell it.) and I think that you are just making shit up, just to tease and to cause us more bullish than reasonable....

You nasty rascal! My serious face was seriously compromised. Uh. OK, again. Last estimates rise to 56.83%!

Hahahaha..

A sign of a seasoned negotiator..

stake harder...      

[fluidjax]

I think what you mean is that the people indirectly dictate the rules, including of course the people who run nodes.  Which is exactly what I said.  

The point I'm making is that the influence of a non-mining node by itself is zero.  Consider:

A. You have 100 mining nodes.  If you unplug 99 of them, you objectively have less ability to influence / enforce the rule set.

B. You have 100 raspberry-pi (non mining) nodes.  If you unplug 99 of them, your ability to influence / enforce the rule set is unchanged.  

If you understand PoW, the truth of this should be very obvious.

Yes, I agree if you arbitrarily split the person from the node, but Bitcoin is a complex system, a node is an expression of your choice of rules, the human is inextricably linked into the system, and splitting the tech from the human is sort of pointless.

Its like having the president of the USA but nobody listens to him. Trump is barking out orders with perfect legal authority, but every person in the US decides to ignore him.
You could stick to the rules and say Trump is in charge, but we can all see the truth.

[bitcoinPsycho]

http://uk.businessinsider.com/bitcoin-futures-man-group-2017-11?r=US&IR=T
looks like the flood gates are opening 2018 will be the year of bitcoin just like 2017 is


'One of the largest hedge funds in the world is ready to add bitcoin to its 'investment universe'

[sms301]

Since Bitcoin jumped to $7800, and now it's back around $6500. Do you guys think it's a good entry point to buy some BTC now? I'm talking about from investing point of view. Trading is a different story I know that.

[JayJuanGee]

Since Bitcoin jumped to $7800, and now it's back around $6500. Do you guys think it's a good entry point to buy some BTC now? I'm talking about from investing point of view. Trading is a different story I know that.

Yep.  If you don't have any bitcoins now, then buy some.

If BTC prices go down, then buy some more.  

That is be called: "investing into bitcoin" from "an investing point of view."

[fabiorem]

Since Bitcoin jumped to $7800, and now it's back around $6500. Do you guys think it's a good entry point to buy some BTC now? I'm talking about from investing point of view. Trading is a different story I know that.

Leave some fiat prepared for the weekend. It dropped to the 5000's last time.

The floor is actually $6000 but it can drop a bit lower due to the fork war.

[BTCMILLIONAIRE]

Since Bitcoin jumped to $7800, and now it's back around $6500. Do you guys think it's a good entry point to buy some BTC now? I'm talking about from investing point of view. Trading is a different story I know that.

Leave some fiat prepared for the weekend. It dropped to the 5000's last time.

The floor is actually $6000 but it can drop a bit lower due to the fork war.

The only thing I can think of is tiny people trying to kill themselves with tiny people forks.

[jojo69]

Maybe the odds for breaking upwards rather than downwards have shifted from about 53%, which would have been yesterday's assessment to about 56%, at the moment?  Am I missing something?

56.75% as of latest.
(Trying to keep a serious face. I can hold it as long as I please.)

[Last of the V8s]

... I don't really need more coins, at the moment.
  Am I missing something?

[JayJuanGee]

Since Bitcoin jumped to $7800, and now it's back around $6500. Do you guys think it's a good entry point to buy some BTC now? I'm talking about from investing point of view. Trading is a different story I know that.

Leave some fiat prepared for the weekend. It dropped to the 5000's last time.

The floor is actually $6000 but it can drop a bit lower due to the fork war.

Yeah... GREAT idea.....

Alternatively, to actually investing into BTC, as I suggested in my earlier post to buy some BTC now and buy more when the price goes down is to employ the strategy of investing into bitcoin by "waiting" for a further dip, when we have already had a decent dip.  That should work pretty well, in theory.    

And, of course, we know that if BTC prices dipped last weekend, of course they are going to dip again this weekend, because both are weekends and bitcoin follows a dip on the weekends schedule.. and that is why all of us HODLers are RICH because we waited to buy on the weekend.    

[Last of the V8s]

I am witnessing this censorship.

As much as I disagree with them, deleting posts is cowardly and shameful.

Let us confront their ideas in a free and open forum, selective deletion only strengthens their claims, a corollary of the Streisand effect, foolish and counterproductive.

It may be hard to get to the bottom of this.

We don't yet know if any censorship occurred.

Peter R would have been sent a message about the removal of his post.

If there is any proof, please let's see it.

Otherwise it must be construed as further dishonesty.

[pfrtlpfmpf]

Yeah, i forgot that, 2017 was a good year, we had about xtimes bitcoin !

[jojo69]

I am witnessing this censorship.

As much as I disagree with them, deleting posts is cowardly and shameful.

Let us confront their ideas in a free and open forum, selective deletion only strengthens their claims, a corollary of the Streisand effect, foolish and counterproductive.

It may be hard to get to the bottom of this.

We don't yet know if any censorship occurred.

Peter R would have been sent a message about the removal of his post.

If there is any proof, please let's see it.

Otherwise it must be construed as further dishonesty.

I saw posts that were gone on refresh, I suppose it is possible that they were deleted by the author.  Peter R I don't really know, I just don't see jbrher stooping to that level.

[Ibian]

I am witnessing this censorship.

As much as I disagree with them, deleting posts is cowardly and shameful.

Let us confront their ideas in a free and open forum, selective deletion only strengthens their claims, a corollary of the Streisand effect, foolish and counterproductive.

It may be hard to get to the bottom of this.

We don't yet know if any censorship occurred.

Peter R would have been sent a message about the removal of his post.

If there is any proof, please let's see it.

Otherwise it must be construed as further dishonesty.

I saw posts that were gone on refresh, I suppose it is possible that they were deleted by the author.  Peter R I don't really know, I just don't see jbrher stooping to that level.

Yogi follows the centralized chain. He is as bad as any of them.

[Last of the V8s]

I saw posts that were gone on refresh, I suppose it is possible that they were deleted by the author.  Peter R I don't really know, I just don't see jbrher stooping to that level.

there's no suggestion that jay-bear was censored

edit to add: checked the https://bitcointalk.org/modlog.php for Peter's userid. nothing there. so not a regular mod deletion.
maybe it was @inforfront clearing out the sewers for us
Peter where's the proof please then we can react.