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

[Elwar]

So does the bcash arguing mean that we're over the whole "bitcoin is going down!" talk and now we're fighting over which coin is going to be the new world currency?

I just hope bcash gets back up to .2 BTC again so I can dump the rest.

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[Icygreen]

Nice! 9200.  Haven't seen that price in over a month.  Getting closer to the edge of the woods it might seem. 
In other BTC related news.... Bitcoin's redheaded stepchild is getting a second life pump BTC/BTG.  Almost reached 1% again.  However still ignored until it ponies up a bit further.

[motoprose]

Nice! 9200.  Haven't seen that price in over a month.  Getting closer to the edge of the woods it might seem. 
In other BTC related news.... Bitcoin's redheaded stepchild is getting a second life pump BTC/BTG.  Almost reached 1% again.  However still ignored until it ponies up a bit further.

Just noticed this while trading and wondering why the site where I was trading on was slowing down to a crawl.
It was all the trades being fulfilled in a short amount of time.
I saw $8940 go all the way to $9200 in less than 15 minutes.
That was the most ground covered I have ever seen bitcoin price do since the Christmas rush when bitcoin was being bought up like there was no tomorrow. All fueled by the sales going on in anticipation for boxing day stores accepting cryptocurrency for some of their sales.

[Torque]

So does the bcash arguing mean that we're over the whole "bitcoin is going down!" talk and now we're fighting over which coin is going to be the new world currency?

Seriously does no one else see the repeating pattern of the trolls showing up and stirring up fresh new drama and FUD, right before Bitcoin is about to rise again? This has happened SOOOO many times now.

[bitcoinPsycho]

Gentlemen, please prepare your Vegeta memes.
We are going to smash through $9k tonight.
9.4-9.8 incoming.

[KyleSpades]

1.2k BTC to go back to 9kUSD, value threshold that has been hit just a couple days ago. What a beautiful bullish setup that these past few days have brought us



The 10ks seem so much freaking likely in the next days!

If I could upload an avatar, it would be:

[Last of the V8s]

[Rosewater Foundation]

Would there be Many on the list besides jbreher if i would pay out in bcash....??   

Haha. I'd guess you'd get a few takers. A win is a win, right?

However, I've not participated in any of your contests so far.

many didn't  participated what i don't understand.... just a freeroll why wouldn't one not participate??

No disrespect intended, but... I'd rather not see the WO thread cluttered up with an unrelated topic. To participate would be hypocritical.

And yes, I realize that several of you would find this ironic. On two levels. Whatevs.

I abstained from participating for a while. I assumed Goose was washing his dirty money through an alt, or some shady shit. Idk. We've all seen some things, and giveaways are verboten for a reason.

I've since come to learn he's just a dude that loves corn. It's been a pleasant surprise.

[jojo69]

boom    ?

[xhomerx10]

 I really hope that's an antminer-eater aka aardbear.

[Rosewater Foundation]

boom    ?

[JayJuanGee]

But a troll account from 2010 wouldn't know that, right?  

Do you really think I'm a troll?

If you're not then why are you appearing to troll?

I presumed that you've had plenty of years to do research. We've been talking about the fallacy of the % dominance factor on CMC for a few years now.

It's become completely meaningless. Just add new shitcoins to the list, give 'em a bogus market cap, and Bitcoin's % dominance automatically decreases.

I am aware of the phenomena. I have talked about it before myself but always in terms of off market currency supply like in the form of ripple foundation holdings or dash masternode reserve requirements.

I haven't been active in this thread for years. If you have been I think you would know this. I started frequenting this thread a couple months ago and I certainly don't read even most of the posts. Far too many come through in a day to read even most of them.

I found HairyMaclairy's post to be insightful and illuminating. Even though I was aware of some of the shortcomings of market capitalization calculations I hadn't realized it was quite as bad as the example that he gave and it hadn't occurred to me that there is as direct of a connection between the total number of altcoins and the bitcoin dominance as there is. It hadn't occurred to me that there was a mechanism where one could make an infinite number of altcoins and they would never stop degrading the dominance of bitcoin (since all you would need is 1 trade to set a price and no requirement for any amount of liquidity at all) while not actually representing any real effect on the real world. I guess I kind of intuitively thought there would be a sort of diminishing return on the effect of new altcoins on dominance, and there certainly was early on, but I just now was forced to think through the mechanism that has caused me to realize that the returns probably plateaued at some point and stopped diminishing.

Well anyway I definitely am not above trolling, I have trolled once or twice in my life, but I haven't done it anywhere on bitcointalk except maybe a little bit in the dash thread.

Your back-peddling response is lame as fuck.

Hopefully in the future you can be a bit more genuine, rather than spouting off nonsense, and then later saying that you didn't mean it
quite like that.   

[Anon136]

https://bitcointalk.org/index.php?topic=178336.msg34306588#msg34306588
such a reasonable dude

I try really hard to be. Part of being reasonable means accepting hard truths sometimes.

Anon136, a legend with 49/470 merit earned against 203/414. Over 4 times as much. Theymos's new ranking system indeed provides more useful information than the old. And prompt scouting is available, anyway.

Hey, mighty Theymos, do you hear us? We need more statistics, like "Imagination", "Magic Dust" or "Emep", which might stand for "Earned Merit per Eligible Post (ratio)".

Where the heck are you finding these stats? On my end it says I have 1049 merit. I didn't realize I was in some sort of competition with anyone anyway. I definitely never gloated about my merit or tried to use it to argue from authority or anything like that. So I don't know where all this is coming from. I don't think your scheme would work very well anyway because the best way to get merit is to tell people what ever they want to hear. I think you would find that the people who filtered to the top of your system were the people who stroked everyone off the best.

[infofront]

I was promised Vegeta pics. WTF happened?

[marcus_of_augustus]

well here's some positive action, maybe the bottom really is behind us ... I think that slowish curve down to the bottom, although quite steep, looks to me like it could be the left half of a cup formation, for a cup and handle back up at ATH 20k in around mid-late June ... dyodd.

[JayJuanGee]

Failure to provide evidence of your claim is duly noted.

You should already be aware of such a standard that there is no burden to provide evidence when rebutting off topic claims.. those can be summarily dismissed without any kind of evidence whatsoever, because providing evidence would be to sustain and perhaps pursue the off-topicness, which deserves to go to another thread.

Diversion and dissemblance duly detected.

Trolls like you have a lot of credibility in those kinds of assessments?

Why don't you make yourself comedically useful and go eat some honey?  The rest of us can watch you get your head stuck, and at least there may be some entertainment value in that, perhaps?

[Last of the V8s]

[jojo69]

cheap ETH in BTC on GDAX

get 'em before the wall is gone

[infofront]

cheap ETH in BTC on GDAX

get 'em before the wall is gone

LIFETIME BAN!

[jojo69]

lol