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

[jonoiv]

Yep...  I have, i don't want one single person to lose their money.

The coin is oversold.  why would people (or bots) sit on this thread and encourage noobs to buy it, when deep down even the hardest bull knows it's the end for now.

Would you recommend your grandma to buy at 8150 ?  Please answer that question.

If it was 21 billion bitcoins, instead of 21 million bitcoins, would you consider a price of "8$" as expensive?

Yet it is the exact same thing as 8000 with a supply divided by 1000.

It's just that the average grandma can't even make distinctions between millions and billions, and how marketcap is calculated, so these things are outside her comprehension. It's that simple really. People who can't understand why bitcoin price is seemingly "high" will hand over their bitcoins for cheap. They'd do the same if they owned berkshire stocks - which are now close to 300k usd each, since they don't do stock splits and the quantity of stocks remains lower than other stocks.

yes in the current market it's very overpriced.

[vroom]

why are these bears trying to infiltrate our bull echo chamber? try to convince peoples in other threads and leave us alone. +ignore

[Rosewater Foundation]

on the topic of shitcoins

boo!

[fluidjax]

yes in the current market it's very overpriced.

Repeating the same thing, again and again without any analysis or reason is just fudding. You ain't even funny.
I only gave you the benefit because you have history, but it appears you are simply a BCH shill who has come out for this weekends events.

Bye Bye... ignored.

[Rosewater Foundation]

Not even funny. That's the worst part

[BitcoinBunny]

Yep...  I have, i don't want one single person to lose their money.

The coin is oversold.  why would people (or bots) sit on this thread and encourage noobs to buy it, when deep down even the hardest bull knows it's the end for now.

Would you recommend your grandma to buy at 8150 ?  Please answer that question.

If it was 21 billion bitcoins, instead of 21 million bitcoins, would you consider a price of "8$" as expensive?

Yet it is the exact same thing as 8000 with a supply divided by 1000.

It's just that the average grandma can't even make distinctions between millions and billions, and how marketcap is calculated, so these things are outside her comprehension. It's that simple really. People who can't understand why bitcoin price is seemingly "high" will hand over their bitcoins for cheap. They'd do the same if they owned berkshire stocks - which are now close to 300k usd each, since they don't do stock splits and the quantity of stocks remains lower than other stocks.

yes in the current market it's very overpriced.

I agree. In fact I reckon your stash of BTC is only worth $0.10. You better sell them all to me now before the value drops lower.
 

[orpington]

Yep...  I have, i don't want one single person to lose their money.

The coin is oversold.  why would people (or bots) sit on this thread and encourage noobs to buy it, when deep down even the hardest bull knows it's the end for now.

Would you recommend your grandma to buy at 8150 ?  Please answer that question.

If it was 21 billion bitcoins, instead of 21 million bitcoins, would you consider a price of "8$" as expensive?

Yet it is the exact same thing as 8000 with a supply divided by 1000.

It's just that the average grandma can't even make distinctions between millions and billions, and how marketcap is calculated, so these things are outside her comprehension. It's that simple really. People who can't understand why bitcoin price is seemingly "high" will hand over their bitcoins for cheap. They'd do the same if they owned berkshire stocks - which are now close to 300k usd each, since they don't do stock splits and the quantity of stocks remains lower than other stocks.

yes in the current market it's very overpriced.

I agree. In fact I reckon your stash of BTC is only worth $0.10. You better sell them all to me now before the value drops lower.
 

Dude just wants the price to crash so he can get back in.

Don't let the over-leveraging crush you again this time!

[lightfoot]

Morning!

Any day above 8100 is a pretty good day, looks like my latest sell transaction of bitcoin trash is stuck at shapeshift, and bitcointalk is running very slowly. So probably another pump and dump is underway.....

[RealMachasm]

Morning!

Any day above 8100 is a pretty good day, looks like my latest sell transaction of bitcoin trash is stuck at shapeshift, and bitcointalk is running very slowly. So probably another pump and dump is underway.....

Gotta say that any day over $2000 is a great day!!

[Cassius]

I hope that this is true and Jihan will get rekt

Oh, rest assured. Jihan will get his comeuppance soon.

It's just a matter of time at this point, and karma can be a real cunt.

Learned a new word today... Yesterday's one was "ameliorate" from one of JJG's posts. Isn't this thread great?

I really hope Wu will soon get what's coming to him. I hate seeing his coin in 4-digit values...

Allow me to be the first to offer you my most sincere contrafibularities.

[fabiorem]

Bitcoin is too cheap.

And is cheap because it is dead.

[aesma]

Half my BTC are on adresses I control so I get fork coins from that. The other half is invested variously, so I spend a little to buy enough fork coins to have as many as my BTC. Some will say I'm wasting money, but I believe the possibility of BTC getting stuck is real. Miners are in it for the money, not anything else, so if they migrate en masse to BCH and the latter is pumped enough at the same time, I don't want to fear being poor.

So far the BCH and BTG I bought are way up from the price I paid, so no loss yet.

[ssmc2]

I know we shouldn't really talk about alts but what do you guys think about Monero? Wondering if i should snag some....

[Torque]

I know we shouldn't really talk about alts but what do you guys think about Monero? Wondering if i should snag some....

Suddenly only giving it a thought because it's being pumped? No offense, but that's lizard thinking.

[d_eddie]

I know we shouldn't really talk about alts but what do you guys think about Monero? Wondering if i should snag some....

My opinion, based on general life considerations rather than actual financial analysis or pump'n'dump mechanics understanding: Monero has value and its price keeps climbing because it has real use cases. The anonimity it provides can't be matched by Bitcoin as it is now.

However, I think this gap will shrink and possibly shut off completely with L2 and L3 solutions. There are already 2 or 3 technology advances that promise to offer as much anonymity as any other coin. If (when?) that happens, I expect Monero to tank. That would be a medium term move - medium in crypto terms: I'm thinking months, not years. There should be ample time to get out of it gradually as it bleeds value back into Bitcoin.

I am no oracle. This is just my personal, biased opinion.

[Lopumbo]

imo better in almost every aspect than bitcoin but it will never reach public adoption because of its "private features" - look at the number of devs supporting monero in comparison to "core" 
bitcoin is that fat one night stand you keep on meeting, because you hope you get to know her hot girlfriend monero better

[BitcoinBunny]

Personally I don't understand why many of these altcoins are valued way more than Litecoin.

[fluidjax]

Half my BTC are on adresses I control so I get fork coins from that. The other half is invested variously, so I spend a little to buy enough fork coins to have as many as my BTC. Some will say I'm wasting money, but I believe the possibility of BTC getting stuck is real. Miners are in it for the money, not anything else, so if they migrate en masse to BCH and the latter is pumped enough at the same time, I don't want to fear being poor.

So far the BCH and BTG I bought are way up from the price I paid, so no loss yet.

The fear is strong in you , thats what the FUD is designed to do.
The fact that 2X failed, that UASF worked, that BCH hovered around 5% for a couple of months all points to the total lack of real support for BCH.
Check out the tweets by people now shilling BCash, their accounts never mentioned crypto currencies before August. They are fake/paid.
Its all smoke and mirrors, funded by deep pockets.
And the few who are interested are either idealogical big blockers, or just like Alt coins, people who missed out on the early entry to Bitcoin are desperately looking for a big win.

The flippening is rubbish.
BCash can be temporarily pumped up to support all the current SAH256 miners, but it can't stay there forever. People just don't value it at that level. People are just shifting money from BTC to BCH, there is no new money coming in to BCH.
So it will come crashing down at some point, and BTC holders will just wait it out.

[Torque]

Personally I don't understand why many of these altcoins are valued way more than Litecoin.

They are not being "valued way more". They are being pumped, by people who can control the float.

Big difference.

[Dabs]

Bitcoin has some Confidential Transactions and you can already do Coin Joins, or Join Market or Shuffle Huffle Puffle Mimble Wimble or some Harry Potter reference or something, and even a bunch of mixers are out there. Privacy and anonymity is not as big of an issue, it can be done, it's just not being done on a large enough scale because it's not easy for the average user.

The average Bitcoin Core or Electrum user can just use Coin Control and do his own mixing (or non-mixing) or just bouncing it off a bunch of addresses, and that's without sending them to exchanges.