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

[RoomBot]

Oof. This really is looking quite grim.

Who is Debbie Downer now?



 

[JayJuanGee]

Give me enough money and I have no care for your bitcoin blockchain
I will own all the nodes
"Referencing Rothschild on the banking system and government"

You can own all of the nodes if you want but that wont help you to attack the network. The moment you begin doing nefarious things users will open channels with someone who is not doing nefarious things and the network will very quickly self heal from your attack.

Whats to attack
I have just turned the blockchain into a central bank, all transactions run through my nodes
cheap or expensive

Rofl what no. Havn't you been paying attention? It's a permissionless system. If you make it expensive people will use someone elses node. You understand that there isn't some limited number of slots to fill up where you get life time ownership of that slot right? You don't seem like you understand at all how the technology works. You remind me of a commenter from zerohedge not bitcointalk.

 I like how your responses are exactly like mainstream media and omit certain truths

I like how your response sounds like it could have been written by a computer algorithm.

I had been getting the feeling that there was something "off" about the posts of mymenace, and perhaps the bot explanation is currently amongst the most plausible... thanks for identifying that possibility, anon.

[mymenace]

Alright look guys. This whole bcash shill thing needs to stop. It has become an automatic reaction for some of you. Kind of like how SJWs call everyone nazis.

There is a simple test for these things. If you can't say something positive about your opponents, then you are the ideologue. Let's have a group exercise this morning. Say something nice about bcashers.

Get the fuck out of here with that "nice" talk.  

*cough* fag *cough*

Bitcoin headed to $1000, tons of altcoins are going to disappear up their own ass and the next set of altcoins (bitcoin included) will depend on what exchange emerge strong.

Since really every person was talking about Bitcoin during the last Bullrun, I think there is too much weight on it in order to have the crazy and relentless growth we saw the last time.

My guess: And established modern Altcoin could overtake Bitcoin easily with the next crypto bull run.

You must be like the thousandth person to say that

something original could be better

Wasn't this the same point about the last run too?  We had the flippening, the cashening, the rippling, the dashening.. and perhaps some other pump and dump lame shitcoin bitcoin is dead prognostications.

They are actually (whatever you want to call them) deep state funded central banker intelligence backed cia attacks

Could be some of that going on, but surely not completely.

Started back with the very first ddos attack on this forum

Likely before my time.  I doubt that all ddos attacks on bitcoin related matters are either government or bank funded.

Then the hacks
The altcoin war
Big block debate
Forked coins bcash
and Gavin Andreesssseeenn and his cronies on here behind it all
only a  few bad actors
etc etc etc

The question will always remain and very important in any argument

Why is bitcoin being attacked?

I will give it to you that there is motive, and likely some inferential evidence of government and financial institutional funding, but I doubt the evidence is either direct or conclusive.  That is why we usually would not want to live our lives as if everything is a conspiracy theory, but continue to take such information and possibilities into account for marginal case contributions or otherwise contributing to some of the direction (at times).

evidence is conclusive, you can argue that all you want

I am only here to tell it how it is
people can make their own conclusions

Remember it all starts at Gavin Andreeeesseeesn and his cronies.





How many associated with CIA, Intelligence, Bad media and government funding



https://dollarvigilante.com/blog/2016/05/05/im-starting-think-cia-developed-bitcoin-still-love.html


yeah Craig tell them how you assisted the CIA to try and destroy a decentralized money system

because meh the attacks

[JayJuanGee]

Do you guys think Bitcoin will rebound? Or is it a true bubble pop?

It's never going to recover.  That is the thing about "true bubbles", as you just mentioned.

Probably, this is about the best price you will ever get for your bitcoins, but if you are patient, you may be able to get $6,500 for the next bull trap...

In other words, doom, doom, doom.   

[JayJuanGee]

The miners and wealthy elites know what's coming (or what may come), so they're storing their coins in legacy addresses. So, only the plebs like us will be screwed, and no one will give a shit.

Signature:
I do not accept segwit outputs as payment, nor send them.

Some of us will be ok.

Who is going to wear that "theoretical" signature?

moi. I've been wearing that for a good while.

You too.. siding with the segwit skeptics?

Perhaps I misread you?

I thought that you were somewhat impervious to the bitcoin naysayer FUD?

[Torque]

Do you guys think Bitcoin will rebound? Or is it a true bubble pop?

[JayJuanGee]

I'm too dejected to come up with something snappy. Someone do me a solid, tell Jay to fuck himself with some style. k thx

Don't you know nuttin?
Imitation is one of the best forms of flattery.  

Jay, fuck yourself with some style.
Oh wait, you already did. So. Many. Times.

Another one bites the dust...



Capitulation is seeming closer, no?

Are there any bulls that are still posting in the WO thread today besides me?

Perhaps, tentatively, we got bitserve, micgoosen, rayx12, torque, cAPSLOCK, fluidjax, RoomBot, Jimbo, and ________?

Of course there are some other bulls who have just been silent in the past few days, but that would not necessarily change their bull status, right? 

[undeadbitcoiner]

November 11 we had same price as of today's, Exactly 1 month later we saw ATH so Bitcoin to fly back from today's level is not impossible. While I am saying its not impossible at the same time I am accepting that Bitcoin could go as low as $5K in the worst scenario $4700

Edit:The lower we go the higher Next ATH will be.

[El duderino_]

I'm too dejected to come up with something snappy. Someone do me a solid, tell Jay to fuck himself with some style. k thx

Don't you know nuttin?
Imitation is one of the best forms of flattery.  

Jay, fuck yourself with some style.
Oh wait, you already did. So. Many. Times.

Another one bites the dust...



Capitulation is seeming closer, no?

Are there any bulls that are still posting in the WO thread today besides me?

Perhaps, tentatively, we got bitserve, micgoosen, rayx12, torque, cAPSLOCK, fluidjax, RoomBot, Jimbo, and ________?

Of course there are some other bulls who have just been silent in the past few days, but that would not necessarily change their bull status, right? 

this man had a belgum VS england match with afterward a poker/evening-night session to play and with good luck to win some cheap HOT BTC's

so me is very happy .............    

[mymenace]

I'm too dejected to come up with something snappy. Someone do me a solid, tell Jay to fuck himself with some style. k thx

Don't you know nuttin?
Imitation is one of the best forms of flattery.  

Jay, fuck yourself with some style.
Oh wait, you already did. So. Many. Times.

Another one bites the dust...



Capitulation is seeming closer, no?

Are there any bulls that are still posting in the WO thread today besides me?

Perhaps, tentatively, we got bitserve, micgoosen, rayx12, torque, cAPSLOCK, fluidjax, RoomBot, Jimbo, and ________?

Of course there are some other bulls who have just been silent in the past few days, but that would not necessarily change their bull status, right? 

this man had a belgum VS england match with afterward a poker/evening-night session to play and with good luck to win some cheap HOT BTC's

so me is very happy .............    

permabull

i keep selling my bitcoin cheap, very cheap just to live

 

[xhomerx10]

I'm going to bed.

[mymenace]

I'm going to bed.

and miss all the fun

https://www.ccn.com/european-union-wont-wait-for-global-agreement-on-cryptocurrencies-spanish-minister-reveals/

https://www.zerohedge.com/news/2018-06-28/malekan-2018-shaping-be-tipping-point-institutional-embrace-bitcoin

https://www.barrons.com/articles/fed-limits-payouts-at-goldman-sachs-morgan-stanley-1530220016



Buckle up

[4rt3m]

Wow, not bad. Line is a huge thing in Asia. Love their stickers, want an exchange with them.



Japan’s Line Launching Exchange With 30+ Cryptocurrencies in All but Two Countries

The operator of Line, Japan’s most popular chat app with approximately 200 million users worldwide, has confirmed the upcoming launch of its cryptocurrency exchange called Bitbox. The new platform will list more than 30 of the most popular cryptocurrencies, offering “low trading fees”. Supporting 15 languages, the new exchange will launch globally, except for two countries.

https://news.bitcoin.com/japans-line-exchange-cryptocurrencies/

[Elwar]

I'm too dejected to come up with something snappy. Someone do me a solid, tell Jay to fuck himself with some style. k thx

Don't you know nuttin?
Imitation is one of the best forms of flattery.  

Jay, fuck yourself with some style.
Oh wait, you already did. So. Many. Times.

Another one bites the dust...



Capitulation is seeming closer, no?

Are there any bulls that are still posting in the WO thread today besides me?

Perhaps, tentatively, we got bitserve, micgoosen, rayx12, torque, cAPSLOCK, fluidjax, RoomBot, Jimbo, and ________?

Of course there are some other bulls who have just been silent in the past few days, but that would not necessarily change their bull status, right? 

I'm a bull but I try to hide it to show that we're all scared and in "blood in the streets" mode. I'm not very good at hiding it though.

Is this the end of cryptography?

[Raja_MBZ]

Bitcoin's market-cap is now a mere $100 billion.

[cAPSLOCK]

If Segwit is the death of corn, then it's already dead.

All outputs free of segwit taint all the way back to segwit activation are completely unaffected by the scenario under discussion.

If a 51% attack is successful and unwinds all the segwit addresses then the experiment is over.  Finis.  Caput.

PS.  Not gonna happen.

[RoomBot]

Don't be short-sighted, people.

Buy the dip.

Next halvening is sooner than later.

As the People become more aware of BTC, the supply and mining become leaner.

It's a no-brainer, if you can just #HODL for another year or 2 before it explodes.

Some day we'll all look back on 2018 & wish we bought much more.



Tomorrow is payday (2 wks.) & I'm BUYING! Again.

[Anon136]

https://www.zerohedge.com/news/2018-06-28/malekan-2018-shaping-be-tipping-point-institutional-embrace-bitcoin

From that article: "Contrary to what an outsider might think, people who manage other people’s money don’t base their decisions on how to maximize returns. Their first consideration is whether they could justify their actions should something go wrong."

Insightful.

[infofront]

Triple bottom

[STT]

Halvening is a long way off and even then it's effects are gradual not immediate.    The lead upto it might be hyped, the anticipation being bullish but I'd hope theres more near term positives then a simple known algorithm function.   People and expansion of peoples use for crypto should be a positive that is not yet known

true bubble pop

well no, not on the face of it.  A bubble pop is like happened with Madoff, a sudden deflation beyond any possible trade, hedge or compensating action.   I think we'd need to discover another grade of decline to be describing the dynamic, not flipping to a misfitting extreme scenario.     Theres no pop because it doesnt relate in that way, I just think overall post peak is a reaction to some restriction of leverage.   There was a lead up to the futures trading, buy the rumour sell the news is a normal occurrence in many asset classes

November 11 we had same price as of today's, Exactly 1 month later we saw ATH so Bitcoin to fly back from today's level is not impossible. While I am saying its not impossible at the same time I am accepting that Bitcoin could go as low as $5K in the worst scenario $4700

Edit:The lower we go the higher Next ATH will be.

The first rise encountered less sellers, everyone was in a gain at that point.   Right now we have certain sellers.   People always over invest money they cant actually forget about and need back and in a super bullish trend like Bitcoin had, that effect is amplified so now there is volume overhead.  A series of trenches to negotiate not a clear field.   I do think a price rise after markets confirm a bottom would be more confident rising then is now but its certain there is some sellers ready also so demand growth is necessary to be bullish.



This is extremely orderly, Bitcoin Richter scale volatility not so apparent nowadays