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

[somac.]

Seems we are still not out of this yet. Was hoping that when I looked at the price next it would be over 9000. At least it was for a bit I guess.

[jojo69]

Doug Polk

Top 5 Tips For Handling A Bitcoin Crash

[JayJuanGee]

CNBC’s Ran Neuner Says Bitcoin Will End 2018 At $50,000
https://cointelegraph.com/news/cnbcs-ran-neuner-says-bitcoin-will-end-2018-at-50000

What do you think guys?

I think this is good because it's higher than the present price.

Actually, I agree with you gentlemand regarding the fact that any BTC price prediction that argues for prices being higher than the current price is a decent enough prediction that would allow us longer term HODLers to at least maintain the status quo of our prior gains - and perhaps add a little extra value, if the amounts account for cost of living, and even better accounts for any withdrawals that any of us might want to make through the calendar year. 

In the end, HODLers like many of us should not become desperate for a BTC price rise, merely because we have "suffered"(if that's the right word) a 61% price correction that seems to now be hovering in the 57% retracement territory (around $8,500).  Even peeps who bought high, should not necessarily expect to be able to cash out in one to two years or even longer, because none of us should be investing more than we can afford to lose - even though there have likely been a lot unrealistic get rich quick expectations in the space that caused folks to buy into BTC while it was above $12k.

Regarding CNBC as a news source regarding Bitcoin, the article points out that they have shown themselves to not really know what the fuck they are talking about, and perhaps even engaging in a certain level of negligence in some of their recent shenanigans to 1) outline specific guidelines to help peeps to buy Ripple (while Ripple was nearing its price peak) and 2) to represent Bcash as a seemingly better value that bitcoin by showing some artificially inflated and misleading bcash/bitcoin performance comparisons while having stupid-ass Roger Ver on their show as a supposed expert on the bcash/bitcoin topic.

So yeah, difficult to tell if CNBC is continuing to engage in some kind of misleading ploy to be asserting that bitcoin is going to more than 5.5x from its current price.  Gotta take those mainstream media fucks with a large grain of salt.

[somac.]

CNBC’s Ran Neuner Says Bitcoin Will End 2018 At $50,000
https://cointelegraph.com/news/cnbcs-ran-neuner-says-bitcoin-will-end-2018-at-50000

What do you think guys?

I think this is good because it's higher than the present price.

Actually, I agree with you gentlemand regarding the fact that any BTC price prediction that argues for prices being higher than the current price is a decent enough prediction that would allow us longer term HODLers to at least maintain the status quo of our prior gains - and perhaps add a little extra value, if the amounts account for cost of living, and even better accounts for any withdrawals that any of us might want to make through the calendar year. 

In the end, HODLers like many of us should not become desperate for a BTC price rise, merely because we have "suffered"(if that's the right word) a 61% price correction that seems to now be hovering in the 57% retracement territory (around $8,500).  Even peeps who bought high, should not necessarily expect to be able to cash out in one to two years or even longer, because none of us should be investing more than we can afford to lose - even though there have likely been a lot unrealistic get rich quick expectations in the space that caused folks to buy into BTC while it was above $12k.

Regarding CNBC as a news source regarding Bitcoin, the article points out that they have shown themselves to not really know what the fuck they are talking about, and perhaps even engaging in a certain level of negligence in some of their recent shenanigans to 1) outline specific guidelines to help peeps to buy Ripple (while Ripple was nearing its price peak) and 2) to represent Bcash as a seemingly better value that bitcoin by showing some artificially inflated and misleading bcash/bitcoin performance comparisons while having stupid-ass Roger Ver on their show as a supposed expert on the bcash/bitcoin topic.

So yeah, difficult to tell if CNBC is continuing to engage in some kind of misleading ploy to be asserting that bitcoin is going to more than 5.5x from its current price.  Gotta take those mainstream media fucks with a large grain of salt.

Or put simply, CNBC are a bunch of evil pricks.

[Dakustaking76]

Bull trap?

[HairyMaclairy]

Hey Bitmain.  Go fuck yourself.   

[somac.]

Bull trap?

Noooooooooooooo

[somac.]

Hey Bitmain.  Go fuck yourself.   

Looking forward to the new miners that are meant to be coming out. Just want to see Bitmain be fucked over.

[Enjel]

Hey Bitmain.  Go fuck yourself.   

So basically they will get all the BCH for sales. This is why I sold my airdrop high.

Also, Samsung > Bitmain?

[JayJuanGee]

[edited out]

Or put simply, CNBC are a bunch of evil pricks.

Do really believe that their shenanigans are evil?  What's there goal exactly?  Sure, they probably want to increase their watcher (and readers), and maybe they want to distract their listeners with possible gambling and get rich quick schemes and with a message that cryptos are dangerous and a gamble, so in the end, it may not matter if they are wrong, if they present the whole situation as a kind of game, and they say to their watchers (readers) that cryptocurrencies are dangerous and a gamble. 

Perhaps, in that regard, they are "evil" because they are presenting a dangerous scenario, and then giving lame-ass advice, and then later proclaiming to be correct in their assertion that cryptos are dangerous?  Evil, though?  I am still not quite there.

[mindrust]

Bitmain is clearly working against bitcoin. I hope they eat shit and die. *shitmain*

[JayJuanGee]

Hey Bitmain.  Go fuck yourself.  

Hey Bitmain.  Have you ever heard of the new fangled crypto currency? it's called bitcoin.  It's just bitcoin.. not bitcoin bitcoin nor bitcoin with any other word or letter appendages.  


Perhaps you should look into the crypto currency that is called just plain ole "bitcoin"?  it's the king of the cryptos, so you should have heard about this bitcoin thingie ma jiggie, and bitcoin can be used for payments, too.   Yep.

 Furthermore, with the actual bitcoin rather than some of the bullshit imitations, you could even create a lighting channel to increase the transaction processing times and lower fees, too.  Didn't you or any of your programers know those kinds of things?  

[rafanadal]

Can't blame them, bitcoin cannot function as a payment system right now, way too slow, outrageous fees.

btc needs to get its shit together, it's a huge embarassment when companies are choosing other cryptos over btc

[JayJuanGee]

Can't blame them, bitcoin cannot function as a payment system right now, way too slow, outrageous fees.

btc needs to get its shit together, it's a huge embarassment when companies are choosing other cryptos over btc

Did you click on the wrong button, rafanadal?  This is not r/btc nor bitcoin.com.... in other words, you are in Kansas.. .. not somewhere over the rainbow.   

[HairyMaclairy]

Can't blame them, bitcoin cannot function as a payment system right now, way too slow, outrageous fees.

btc needs to get its shit together, it's a huge embarassment when companies are choosing other cryptos over btc

What’s wrong with sending a transaction across the world for half a cent on the main chain?   Is that too expensive for you?

[Rosewater Foundation]

I'm finally pulling the trigger. Thank me later for the cheap coins.

You can't wait 2 weeks and get 5k more more coin?

Quick maths. Should listen to that Tone character...

[Wekkel]

it's a huge embarassment when companies are choosing other cryptos over btc

No, it’s not.

[somac.]

[edited out]

Or put simply, CNBC are a bunch of evil pricks.

Do really believe that their shenanigans are evil?  What's there goal exactly?  Sure, they probably want to increase their watcher (and readers), and maybe they want to distract their listeners with possible gambling and get rich quick schemes and with a message that cryptos are dangerous and a gamble, so in the end, it may not matter if they are wrong, if they present the whole situation as a kind of game, and they say to their watchers (readers) that cryptocurrencies are dangerous and a gamble. 

Perhaps, in that regard, they are "evil" because they are presenting a dangerous scenario, and then giving lame-ass advice, and then later proclaiming to be correct in their assertion that cryptos are dangerous?  Evil, though?  I am still not quite there.

Evil might be to strong a word, but, the are certainly corrupt in every way possible.

[Icygreen]

BTFD @ 82xx.  Finally a buy that goes green right away. No matter the direction from here, I'm quite happy with coinage below 10K. Seems cheap to get >.01 bitcents for my Benjamins.  Those Benny's are not worth what they used to be and I expect that slope to continue.  I'm feeling far more confident these days with BTC despite the recent retrace. Looking forward to the day we can become un-banked.

[klondike_bar]

Can't blame them, bitcoin cannot function as a payment system right now, way too slow, outrageous fees.

btc needs to get its shit together, it's a huge embarassment when companies are choosing other cryptos over btc

What’s wrong with sending a transaction across the world for half a cent on the main chain?   Is that too expensive for you?

half a cent? it might be better now than it was a few weeks ago, but BCH and the majority of altcoins are capable of cheaper and faster confirmation times. It shouldnt obstruct BTC being a payment option though, just a costlier one