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

[mike4001]

Yeah, bought some alts which fell 10% (compared to BTC)

Now let them climb again ;-)

[ivomm]

Neither traders, nor miners will make profits if we stay longer at 7-9K range. Btw, the revenue for the antminer s9 dropped again below 7.5$ per day. In comparison, in November 2017, when the price was in the same range, the revenue was 28$. In August, when the price was 3K, the revenue was 16$. The always rising difficulty will bring to a negative number the profit very soon. Perhaps in 4-5 months the revenue would be 1$, if we stay in the range 7-9K. Provided that s9 needs 3.3$ if the electricity is 0.1$ (resp. 1.65$ if it is true that in China the electricity is 0.05$), the miners will have to shut down their s9's, not to mention the previous models. From my experience, the price NEVER stays long around the breakeven point.

[starmman]

I love how the bullish goon squad just vanishes at times like this. Really makes you think.

We are busy doing some (very cautious) bargain hunting.

Seems to be a good afternoon for trading - some coins are pretty volatile this afternoon - I'm sure things will calm down a bit in a couple of days and we'll be back to a bull market again =)

That's my bet. And if I am wrong... I'll just wait until I am right.

Yeah - profits are great today, had been a pretty quiet week for me until now

[RayX12]

Where are all the cheerleaders? C'mon, go Bitcoin go

I’d stick my Ledger Nano in her USB slot any day.

 She'd give you a nasty virus and take all your coins.

 

[Rosewater Foundation]

Neither traders, nor miners will make profits if we stay longer at 7-9K range. Btw, the revenue for the antminer s9 dropped again below 7.5$ per day. In comparison, in November 2017, when the price was in the same range, the revenue was 28$. In August, when the price was 3K, the revenue was 16$. The always rising difficulty will bring to a negative number the profit very soon. Perhaps in 4-5 months the revenue would be 1$, if we stay in the range 7-9K. Provided that s9 needs 3.3$ if the electricity is 0.1$ (resp. 1.65$ if it is true that in China the electricity is 0.05$), the miners will have to shut down their s9's, not to mention the previous models. From my experience, the price NEVER stays long around the breakeven point.

Traders are probably all short with Bill Gates and Tone Vays. Clever ones at least.

[Samarkand]

MtGox is cashing out
relax guys

Hmmmm could be what it is, I did see a couple of posts about Gox moving coins getting ready to dump them.
I thought they were going to do it OTC in future though to stop the market getting negatively affected like last time.

...

Instead of trusting random posts with conspiracies about Gox moving coins you could
just check for yourself in the future. This little website tracks every movement of
coins from the relevant BTC addresses (they even track the MtGox BCH balances).

https://www.cryptoground.com/mtgox-cold-wallet-monitor/

Regarding the current rumors the roughly 8.2k BTC from MtGox have been moved to the following
address:
https://blockchain.info/address/1LncfoCX1yzuiW3hzejarvgZ1WahnAQ4o4

Unless this is the address of an OTC buyer/institution or exchange the coins haven´t been sold yet.

[criptix]

So much about the bottom.

My long got rekt hard -_-

[FractalUniverse]

So much about the bottom.

My long got rekt hard -_-

you can still try to re enter lower and make up your lossess,
going all-in long on margin during falling market is not that good idea

my longs are slowly accumulating, no rekts in sight yet

[Speculatoross]

Buy the dips folks!

Betting last one before 2018 rally begins

[Paashaas]

I saw this on Twitter that 2 Chinese guys willing to punch scammer Roger Ver in his face during the CoinGeek conference

Imo, i would love to see Roger getting smacked he deserves one right now.

http://onepunchforver.com/

[Paashaas]

Dutch exchange BL3P removed BCash from their list 

[Rosewater Foundation]

Buy the dips folks!

Betting last one before 2018 rally begins

Oh really.

[Rosewater Foundation]

Bcash down 13%. PeterR and jbreher also noticeably absent. Where's your god now?

[Lontonbit]

This is the first time in 6 months of down trend that I’m getting tired of this market.

[jbreher]

Bcash down 13%. PeterR and jbreher also noticeably absent. Where's your god now?

Still here.

7 Day stats: BCH down a little less than 5%. Unfortunately. BTC down a little more than 10%.

Actually, in the last 24 hours, I've bought dozens of BCHs and a handful of BTCs. Another benefit of my trading strategy is that it naturally accumulates when price goes down, and monetizes when price goes up. It takes a little of the sting out of down markets.

Of course from an emotional standpoint, I'd like to see nothing but up, up, up. But it is in the volatility that I make the corn.

[jbreher]

OK, that's it. Jimbo doesn't get to go to Mexico any more.

[infofront]

Choose your flavor of FUD for the day:

[SonaraBeta]

https://ip.bitcointalk.org/?u=https%3A%2F%2Fforklog.com%2Fwp-content%2Fuploads%2FMW-GI720_btc_co_20180508083302_NS-e1525855605931.png&t=588&c=5NKZN3Fgkl6O2A
Here is the Consensus data for the past few years, maybe we will reach 12-15K after it!?

[infofront]

https://ip.bitcointalk.org/?u=https%3A%2F%2Fforklog.com%2Fwp-content%2Fuploads%2FMW-GI720_btc_co_20180508083302_NS-e1525855605931.png&t=588&c=5NKZN3Fgkl6O2A
Here is the Consensus data for the past few years, maybe we will reach 12-15K after it!?

Maybe. It looks like we're also following the pre-Consensus slump.

[Torque]

Bcash down 13%. PeterR and jbreher also noticeably absent. Where's your god now?

All shitcoins down major double digits. Bitcoin barely sneezed.

When are shitcoiners gonna learn? Dem shitcoins ain't going nowhere but doooown.