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Question: What year will we achieve a new ATH?
2019 - 10 (30.3%)
2020 - 14 (42.4%)
2021 - 8 (24.2%)
2022 - 0 (0%)
2023 - 0 (0%)
Never - 1 (3%)
Total Voters: 33

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 21168847 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (23 posts by 12 users deleted.)
Dakustaking76
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January 30, 2018, 10:53:37 PM

Guys we have new ath €7900 hitted kraken fiew hours ago  Grin
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FractalUniverse
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January 30, 2018, 10:56:56 PM

is it true that withdrawals are disabled on bitfinex?
I dont know about today, but i made btc withdrawal on sunday. So far every withdrawal worked without any problems.

Im surprised how nearly everyone here seems to be switching to panic mode Smiley
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January 30, 2018, 10:57:38 PM
Merited by ivomm (7)

Just arrived after 10 hours to see a +- 1k drop :-( stop shaking the three allready
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January 30, 2018, 10:58:10 PM
Merited by d_eddie (1)

So the bond market sold off today, the U.S. stock market sold off 1%, AND Gold and Silver got hammered, AND crypto got FUD'ed.  

All on the same day, at the end of Jan? When some of those things should be inversely correlated?? Yeah, makes perfect sense.  Roll Eyes

Expect all markets to continue bull run.

A question is how the USD going down the drain plays out in all this.


https://www.investing.com/quotes/us-dollar-index-streaming-chart

Watching metals and oil take a hit (USD) while CAD stays up against USD is a clear indication of falling USD, but I wouldn't get too excited - it won't last.


Torque - Agreed.
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January 30, 2018, 11:04:10 PM

note to self:

watch mempool for early indication of volatility
JayJuanGee
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January 30, 2018, 11:18:20 PM

going below 10K in a few minutes.

The FUDsters want it so bad, don't they? Sub 10k. I can almost smell the fear...

EDIT: And will ya look at that, some FUD news timed perfectly.  Roll Eyes  Roll Eyes


Torque.   I gotta attempt to find some hilarity with your theme repetition.  And, surely I have some respect that you don't give up...

Nonetheless, let me make another point.  Do you know that many large news organizations already have 90% of the content of obituaries pre-written for notorious people, but merely because they engage in this practice does not mean that they have any fucking clue regarding the timing of the death of the notorious person, even though when such notorious person dies, they are able to publish their well thought out story within an hour or so of notorious person's death.   Go figure.   Tongue
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January 30, 2018, 11:24:14 PM

monero fans latching on to https://arxiv.org/pdf/1801.07501.pdf
When A Small Leak Sinks A Great Ship: Deanonymizing Tor Hidden Service Users Through Bitcoin Transactions Analysis

-it's about poor btc opsec and nothing else.
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January 30, 2018, 11:26:01 PM

note to self:

watch mempool for early indication of volatility
Have not exactly been watching it, but I just got a standard 1-in, 2-out tx confirmed next block for 0.40$. Mempool seems quiet  Grin
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January 30, 2018, 11:32:55 PM

@GENIC0N

2032: Bitcoin is illegal in 307 of 40000 countries

 Wink
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January 30, 2018, 11:33:23 PM

Everyone should probably just take the rest of the week off. It's going to be ugly.

Let's all come back Monday and let's see if there are any leaves left on the tree.

HODL on !
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January 30, 2018, 11:40:58 PM

the log line from July 15 is holding

so far just a wick under the 200 DEMA

If they cant break those with THIS news the bear is cooked.


I like this image of scenarios in which the bear is "cooked."    Wink
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January 30, 2018, 11:44:01 PM

the log line from July 15 is holding

so far just a wick under the 200 DEMA

If they cant break those with THIS news the bear is cooked.


I like this image of scenarios in which the bear is "cooked."    Wink

Its more like the bear is cooking for the last weeks
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January 30, 2018, 11:56:57 PM


Are you even paying attention?

Have you heard of lightning network?  Of course, some of it is already being experimented upon... it could take many years before it is microtransacting on the level of visa... but it is in the works.

Also, you mention that you want to send big amounts of bitcoin around, and you know that the problem is not with big amounts, because in terms of percentage it is not bad, especially if you are getting into the several thousand dollars arena.

Finally, fees are low currently and transaction times are fast currently.

I just looked in my blockchain.info wallet, and it is showing $.12 for regular fees and $2.02 for priority.  Seems fairly reasonable to me, and you could take advantage of these low fees if you want to move money around, at this time.

I have heard of lightning network but its only segwit adresses I'm able to use currently to alleviate fees, I'm just talking about the reality of the situation and how that feeds back into market demand.   Of course I want them to advance the capability of crypto far more then it is now especially for micro transactions, until its usable we are all speculating perhaps a little too much and hence the price pulls back to a more steady area.

I'm pretty sure all my transactions are micro!   I'm not a whale sadly, if fees have fallen to $2 then thats way more realistic for most people to use BTC.    I swear they recently halved, I'll check the graph site I have bookmarked and post the fee structure/backlog as I think its relevant

[https://i.imgur.com/YJAITP6.png[/img]

I dont want to spike the guys site with traffic, pm if you want a link as he gives a few dynamics

You are just coming off as employing BIGBLOCKER and alt coin pumper talking points, no?

BTC does not have to be the be all and end all crypto currency at this exact time and to be able to satisfy all your micro-transaction needs in order to have a large number of other values, including the first time in history there has been the creation of a decentralized secure method to secure, store and transmit value (which is considerably valuable and transformative in and of itself).

Can you see the value of the various current and future use cases of bitcoin without getting caught up on some narrow use case that you personally want or that you personally wished bitcoin would have.  Who fucking cares what you personally want?  You can determine that yourself by buying and using a variety of payment methods and value storage methods and it does not need to be bitcoin to help you to accomplish your personal goals (if you cannot see a fit for bitcoin within your current situation or future projected situation).

I am not trying to denigrate you personally, because bitcoin has a lot of value beyond your projection of transaction fee or transaction time issues, no?

Now, your seemingly implied assertion that Bitcoin's seemingly currently downward price pressures and price movements are attributable to some kinds of deficiencies in bitcoin or that public opinion of bitcoin is becoming too negative, is likely overrated.  Sure, you can sell if you want or you can HODL.. or spread fear that BTC prices are likely to go down, but in the end, this seems like a buying opportunity to me, rather than a time to sell.  But do what you like, and conceptualize the situation however you like because I don't claim to have any crystal ball regarding how all of this is going to play out, even though I am continue to employ my same practice of buying as the price goes down (if it does) and selling on the way up (if it goes up).   I don't see any reason to make any significant changes based on our current situation and the current level of correction and the current level that seems to be attempting to break through buying support in the sub $10k price arena.
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January 30, 2018, 11:57:22 PM

note to self:

watch mempool for early indication of volatility
Have not exactly been watching it, but I just got a standard 1-in, 2-out tx confirmed next block for 0.40$. Mempool seems quiet  Grin

now



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bitcoinvest
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January 31, 2018, 12:01:15 AM

are you ready to go under 7500 euro / BTC? this is optimistic Smiley my prediction for the next 1-3 days is under 7000eur

Good night bitcoin land!
bitcoinPsycho
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January 31, 2018, 12:03:04 AM

are you ready to go under 7500 euro / BTC? this is optimistic Smiley my prediction for the next 1-3 days is under 7000eur

Good night bitcoin land!
I'm not ready
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January 31, 2018, 12:06:38 AM

note to self:

watch mempool for early indication of volatility
Have not exactly been watching it, but I just got a standard 1-in, 2-out tx confirmed next block for 0.40$. Mempool seems quiet  Grin

now



last 24 hours
Ahh, I see what you mean now. That's right.
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January 31, 2018, 12:07:49 AM

are you ready to go under 7500 euro / BTC? this is optimistic Smiley my prediction for the next 1-3 days is under 7000eur

Good night bitcoin land!

Well 7500€ would still be 300$ higher than the lowest possible bottom called by masterluc.
Nothing creepy and shouldn't last long.

But if it go lower than that I think I'll start shitting myself a little.
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January 31, 2018, 12:17:15 AM

@GENIC0N

2032: Bitcoin is illegal in 307 of 40000 countries

 Wink


Judging by how globalism is going right now, I won't be surprised if we have only 1 country by 2032 - a one-world government. (A "democracy" ruled by the big bankers and elites, of course, behind the scenes, with Bitcoin and all cryptocurrencies banned)
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January 31, 2018, 12:18:01 AM

are you ready to go under 7500 euro / BTC? this is optimistic Smiley my prediction for the next 1-3 days is under 7000eur

Good night bitcoin land!

Well 7500€ would still be 300$ higher than the lowest possible bottom called by masterluc.
Nothing creepy and shouldn't last long.

But if it go lower than that I think I'll start shitting myself a little.
Besides, when masterluc made his latest dollar price prediction, USD wasn't free-falling as it is now.
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