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Question: Aug. 17 Closing Price:
<$3,000 - 4 (4.3%)
<$8,000 - 3 (3.2%)
$8,001-$8,500 - 2 (2.2%)
$8,501-$9,000 - 2 (2.2%)
$9,001-$9,500 - 3 (3.2%)
$9,501-$10,000 - 16 (17.2%)
$10,001-$10,500 - 18 (19.4%)
$10,501-$11,000 - 13 (14%)
$11,001-$11,500 - 8 (8.6%)
$11,501-$12,000 - 6 (6.5%)
$12,001-$12,500 - 3 (3.2%)
$12,501-$13,000 - 1 (1.1%)
$13,001-$13,500 - 1 (1.1%)
$13,501-$14,000 - 2 (2.2%)
>$14,000 - 2 (2.2%)
>$18,000 - 9 (9.7%)
Total Voters: 93

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 21328021 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. (104 posts by 20 users deleted.)
somac.
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April 20, 2018, 01:20:44 PM


Days of "only bitcoin" are coming soon, just wait and see. Bitcoin is about to start its super bull-run, and once it does, alts are gonna suffer. You might then pick up some of your favorite alts and enter them, but entering alts right now isn't the best thing to do IMO.

Bitcoin is about to take-off, there's a huge probability of it right now, it has broken the downtrend, once it does, proud owners of alts are gonna cry, again.

I truly hope so
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Totscha
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April 20, 2018, 01:21:51 PM


Days of "only bitcoin" are coming soon, just wait and see. Bitcoin is about to start its super bull-run, and once it does, alts are gonna suffer. You might then pick up some of your favorite alts and enter them, but entering alts right now isn't the best thing to do IMO.

Bitcoin is about to take-off, there's a huge probability of it right now, it has broken the downtrend, once it does, proud owners of alts are gonna cry, again.

I truly hope so

There could be room for two Wink

https://coinmarketcap.com/historical/20130428/
TERA2
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April 20, 2018, 01:24:42 PM

I dont agree that the next ATH is coming just because a diagonal line was brokenmight break. How many times did that happen in 2014? Rally to 12Kish maybe.
Totscha
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April 20, 2018, 01:28:31 PM

I dont agree that the next ATH is coming just because a diagonal line was broken. How many times did that happen in 2014? Rally to 12Kish maybe.

Shhhhh! Don't scare them!

I need someone to buy my coins at 12k before they plummet to sub 5k Wink
MERlT
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April 20, 2018, 01:40:59 PM

Bitcoin is about to take-off, there's a huge probability of it right now, it has broken the downtrend, once it does, proud owners of alts are gonna cry, again.

I am a proud owner of alts.

Bitcoin is like the Eiffel Tower - if you took away the buttressing it would fall down. ALts are the buttressing for bitcoin and if they disappeared bitcoin would fall down because difersification is an essential hedging aspect of any investment portfolio.

Also, although bitcoin is fine as an asset, it's technologically crippled and so alts are here to stay Wink

I wondered who bought all that Earthcoin LMAO  Grin
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no FOMO


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April 20, 2018, 01:43:28 PM

broke the log trend on GDAX

stamp still seems to be the datum of record however
toknormal
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April 20, 2018, 01:59:45 PM


of course they are here to stay. But in no way is btc technologically crippled. You've been drinking the alt kool aid on that one.

 • it does not support any realtime service protocol and so can never deliver native API services
 • it can only support a deflationary monetary system, no inflationary ones and so is useless as a trading currency
 • it has no native fungibility maintenance
 • governance is by contention only, which has already lead to forks in the community as well as the chain itself
 • it's one of the most centralised assets in the financial universe with 98% of the supply being held by less than 0.1% of the world population
 • it's slow at confirmation (a good thing IMO, but if you're trying to top up your credit card when the shop's closing in 10 minutes, forget it)
 • the Lightning network will not fix this as it only works for off-chain transactions plus...this

I'd better stop there for now cos my "koolaid" tank seems to keep topping itself up and I might get a bit sick Wink
marcus_of_augustus
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April 20, 2018, 02:06:41 PM

^^^ that's some pretty skanky old FUD dude ... better check your facts before you believe that dross.

In other news who's gone short on 4/20 day?? bad move, expect the pump on 4/20.
Torque
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April 20, 2018, 02:08:26 PM
Last edit: April 20, 2018, 02:40:09 PM by Torque


And then Congress will make a law against road pirates, who are using Comcast’s private roads without permission. And we can all run a campaign on road neutrality and no one will listen

A good illustration why power of the state is not good.

I can’t argue with that. Also have learned something today which is that libertarians basically just want to be left alone. I had some sympathy for that even if I don’t agree with some of the outcomes.  So I apologize!

This would then imply that all non-Libertarians want to constantly be fucked with by the state? You can't belong in both camps simultaneously. You can't have it both ways.

It's not to say that Libertarians want total anarchy. It's just that it's crystal clear the state has gone WAY past providing basic civil services at this point. And keeps on going beyond it decade after decade, eroding one's freedoms and liberties more and more and more. Until eventually none are left. No one seems to care though, in fact the majority fkn embrace and welcome it.
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Still a manic miner


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April 20, 2018, 02:11:10 PM
Merited by erre (1)




Bye bye Bear.. see you next year!!
toknormal
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April 20, 2018, 02:12:17 PM
Merited by drays (1)


^^^ that's some pretty skanky old FUD dude ... better check your facts before you believe that dross.

In other news who's gone short on 4/20 day?? bad move, expect the pump on 4/20.

Not saying Bitcoin's technological characteristics aren't appropriate to its needs. I'm just saying they're no use when it comes to a lot of "other" needs :-)

That's why the market has diversified.
Totscha
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April 20, 2018, 02:17:31 PM
Merited by JayJuanGee (1)


of course they are here to stay. But in no way is btc technologically crippled. You've been drinking the alt kool aid on that one.

 • it does not support any realtime service protocol and so can never deliver native API services
 • it can only support a deflationary monetary system, no inflationary ones and so is useless as a trading currency
 • it has no native fungibility maintenance
 • governance is by contention only, which has already lead to forks in the community as well as the chain itself
 • it's one of the most centralised assets in the financial universe with 98% of the supply being held by less than 0.1% of the world population
 • it's slow at confirmation (a good thing IMO, but if you're trying to top up your credit card when the shop's closing in 10 minutes, forget it)
 • the Lightning network will not fix this as it only works for off-chain transactions plus...this

I'd better stop there for now cos my "koolaid" tank seems to keep topping itself up and I might get a bit sick Wink


- No realtime service protocol? No native API services? No ice cream dispensers? Worst crypto ever!
- Yes, that's the basic monetary system of bitcoin. Useless as a trading currency? You spelled too precious wrong Wink
- Not yet! Confidential Transactions are in the works.
- Yes, that's how decentralized systems work. What's your point?
- Sure, that's not good. But I'm unsure how to solve this by creating an altcoin...
- That's what LN is for. It's meant for small and fast payments. Being off-chain is what enables the whole thing anyway. Plus: https://medium.com/@thecryptoconomy/dont-count-your-fud-before-the-lightning-strikes-15-claims-against-lightning-answered-9671d4a663a9
Paashaas
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April 20, 2018, 02:18:59 PM

Polish Bitcoiners protesting against the 1000% tax plan from their goverment on Bitcoin.

1000%... Shocked

oda.krell
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April 20, 2018, 02:20:05 PM

Hey guys 'n gals.

Did I miss anything important? What's the big topic of the month?
Ibian
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April 20, 2018, 02:25:16 PM

Polish Bitcoiners protesting against the 1000% tax plan from their goverment on Bitcoin.

1000%... Shocked


You know, if there was just a flat 20% tax on bitcoin gains when converting them to fiat, I could live with that. Let them have their blood money. But I suspect it will be closer to 50% around these parts Sad
Torque
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April 20, 2018, 02:25:41 PM

• it can only support a deflationary monetary system, no inflationary ones and so is useless as a trading currency
 • it has no native fungibility maintenance
 • governance is by contention only, which has already lead to forks in the community as well as the chain itself
 • it's one of the most centralised assets in the financial universe with 98% of the supply being held by less than 0.1% of the world population
 • it's slow at confirmation (a good thing IMO, but if you're trying to top up your credit card when the shop's closing in 10 minutes, forget it)
 • the Lightning network will not fix this as it only works for off-chain transactions plus...this

I'd better stop there for now cos my "koolaid" tank seems to keep topping itself up and I might get a bit sick Wink

Your criticisms are all the strengths of the current fiat digital monetary system. Enjoy, you have it today.
toknormal
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April 20, 2018, 02:33:17 PM

• it can only support a deflationary monetary system, no inflationary ones and so is useless as a trading currency
 • it has no native fungibility maintenance
 • governance is by contention only, which has already lead to forks in the community as well as the chain itself
 • it's one of the most centralised assets in the financial universe with 98% of the supply being held by less than 0.1% of the world population
 • it's slow at confirmation (a good thing IMO, but if you're trying to top up your credit card when the shop's closing in 10 minutes, forget it)
 • the Lightning network will not fix this as it only works for off-chain transactions plus...this

I'd better stop there for now cos my "koolaid" tank seems to keep topping itself up and I might get a bit sick Wink

Your criticisms are all the strengths of the current fiat digital monetary system. Enjoy, you have it today.

Which is why bitcoin is not about to replace it. There are many "alts" already doing so instead.

Bitcoin may replace the gold sitting idly in vaults.
JimboToronto
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April 20, 2018, 02:33:54 PM

Good morning Bitcoinland.

Still sideways with a slight upward drift... currently $8510USD/$10822CAD (Bitcoinaverage).

I'm up a little early today but I've got to deposit some cash into my "credit" card to send to Mexico.

I'm buying another property there. Luckily I won't need to sell any bitcoins. I can do it from the cash I'd set aside for the next buyable dip.

Land is cheap in Mexico. Life is good.

Go Bitcoin go.
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April 20, 2018, 02:34:09 PM
Merited by BobLawblaw (1)

Hey guys 'n gals.

Did I miss anything important? What's the big topic of the month?

Rationality...

Other than that the usual. Wb.  Smiley

Torque
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April 20, 2018, 02:34:50 PM
Merited by bones261 (1), fabiorem (1)

Polish Bitcoiners protesting against the 1000% tax plan from their goverment on Bitcoin.

1000%... Shocked

Translation:
We don't recognize Bitcoin as a currency. Or a legitimate asset. We didn't create it. It's fucking digital tulips and has no value. We didn't even say you were allowed have it or own it. But since we can't stop you from buying it, we will tax it 1000%. We have zero right to do this, but we're going to do it anyway.

Fuck. All. Governments.
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