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Question: What causes you more fear? (credit:Micg)
Coronavirus - 92 (54.8%)
Bitcoin - 76 (45.2%)
Total Voters: 168

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 21578514 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. (143 posts by 33 users deleted.)
Anon136
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July 25, 2018, 10:43:09 PM
Last edit: July 25, 2018, 11:08:09 PM by Anon136

The fact that bitcoin is a better gold than gold is not new. The part that surprised me was that the wealthy Chinese elite have very recently been putting $Billions into bitcoin as a safe haven asset in lieu of gold.

Yea... I'm beginning to question the validity of some of my earlier arguments and positions. New developments, particularly around lightning, and the settling down of internal political strife, have made me more bullish on bitcoin dominance. I am still skeptical of the ability of the DLT sector to replace gold unless the DLT sector is firmly dominated by a single project over a long period of time. But I am a lot less skeptical of the idea that the DLT sector will actually be dominated by a single project for a long period of time (bitcoin).
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Last of the V8s
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July 25, 2018, 10:55:27 PM
Merited by infofront (1)

New from Masterluc:
 
Quote
Six months have passed since the beginning of the correction, there are still as many. Sewers did not want to fall. Bitcoin too. The longer we hold at current levels, the higher the probability of falling to new bottoms.

I think there will be a multi-month outset. Time is now against the bears.
Correction: so BELOW the probability of falling

If we have any Russian speakers here, perhaps we can get a better translation. Here is the original quote:

Quote
Пoлгoдa пpoшлo c нaчaлa кoppeкции, ocтaлocь eщe cтoлькo жe. Cтoки pacxoтeли пaдaть. Биткoин тoжe. Чeм дoльшe мы дepжимcя нa тeкyщиx ypoвняx, тeм вышe вepoятнocть пaдeния нa нoвыe низы.

Я дyмaю бyдeт мнoгoмecячный бoкoвик. Bpeмя тeпepь пpoтив мeдвeдeй.

Пoпpaвкa: тeм HИЖE вepoятнocть пaдeния
 
Six months have passed since the beginning of the correction, with maybe as many yet to come. Stocks stopped wanting to fall. Bitcoin too. The longer we hold at current levels, the higher the probability of falling to new bottoms.
I think there will be many months of sideways. Time is now against the bears.
Correction: the lower the probability of falling
BobLawblaw
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July 25, 2018, 11:04:42 PM

Shit posting (Wall Of Text) right on Queue.

... and this is how you get added to my ignore list.

* BobLawblaw sighs
bitserve
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July 25, 2018, 11:06:58 PM


[... nonsense delirant rambling removed ...]

Queue the wall of text   Grin Grin Grin   Future proves past

Shit posting below continues.


With all due respect, can you stop the retardness already?
mymenace
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Smile


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July 25, 2018, 11:14:11 PM

[... nonsense delirant rambling removed ...]
Queue the wall of text   Grin Grin Grin   Future proves past
Shit posting below continues.
With all due respect, can you stop the retardness already?

What do you know about Roger Ver and why you protecting him.

No bullshit.
Rosewater Foundation
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July 25, 2018, 11:28:23 PM

How do we feel about this then?

BlockFi just gathered up $50 million to lend to bitcoin and ethereum holders who don’t want to cash out (yet)

Quote
Currently, BlockFi allows investors to take out a loan as high as $10 million using either bitcoin or ethereum as collateral.
infofront
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July 25, 2018, 11:31:51 PM

[... nonsense delirant rambling removed ...]
Queue the wall of text   Grin Grin Grin   Future proves past
Shit posting below continues.
With all due respect, can you stop the retardness already?

What do you know about Roger Ver and why you protecting him.

No bullshit.

This isn't the best thread to be posting that stuff in.
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July 25, 2018, 11:32:23 PM



This quote is hilarious!

Quote
Bitmain says it will not tolerate “secret mining,” a practice...


My thoughts for the moment (alts not joining this rally so I expect a dud):

Does anyone know the exact relationship between alt coins and bitcoin, except that bitcoin is the dog and altcoins are the tail?  At the same time, alt coins can lead a rally or they can trail a rally or they might not come along because there is more froth in them, so I do not deny any relationship between alts and bitcoin, but I doubt that the mere fact that they are not coming along would preclude bitcoin from rallying and continuing to rally.

For other reasons, including the fact that we seem to be in a consolidation zone that might not be easy to break out of, I do agree with any assertion that BTC might not go directly up from here and break above $8,600, for example... so maybe now, our consolidation zone has moved to a range of $7,000 to $8,600, so accordingly, there would not be any reason to write home (or to get excited) about any movement within such current consolidation range.

Seems to me when BTC rallies alts lose cap and then if alts rally after BTC then it shows confidence in the BTC rally.
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July 25, 2018, 11:34:18 PM

[... nonsense delirant rambling removed ...]
Queue the wall of text   Grin Grin Grin   Future proves past
Shit posting below continues.
With all due respect, can you stop the retardness already?

What do you know about Roger Ver and why you protecting him.

No bullshit.


We are not protecting Roger Ver. Most people that post here would agree that he is a complete asshat! If you want to have a thread that is devoted to slamming him, then feel free to open up a topic in the scam accusations thread. It's comedy gold that you are trying to state that many of us here are somehow Ver shills because we don't want to bitch about him with every single key stroke that we devote to this forum. Roll Eyes
HairyMaclairy
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July 25, 2018, 11:37:08 PM

We all agree Roger Ver is an asshat.   It is a fact that is so obvious it doesn’t bear repeating.
Rosewater Foundation
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July 25, 2018, 11:40:11 PM

Does mymenace think this thread is this thread Huh
Rosewater Foundation
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July 25, 2018, 11:48:06 PM

I'm not about to peek on general principle. But let me guess. Future proves past?
bitserve
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July 25, 2018, 11:50:47 PM

I'm not about to peek on general principle. But let me guess. Future proves past?

Yeah... who are you protecting?! How would you know without peeking?

Now you tell me

Sounds fishy as hell
Rosewater Foundation
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July 25, 2018, 11:52:45 PM

I'm not about to peek on general principle. But let me guess. Future proves past?

Yeah... who are you protecting?! How would you know without peeking?

Now you tell me

Sounds fishy as hell

I'll just go ahead and add myself to the list. Undecided
BobLawblaw
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July 25, 2018, 11:55:03 PM

@infofront: Cleanup necessary in Aisles 20951 & 20952 😑
bitserve
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July 25, 2018, 11:57:33 PM
Merited by bones261 (2)

http://www.mentalhealthamerica.net/conditions/paranoia-and-delusional-disorders
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July 26, 2018, 12:05:10 AM

I keep having this dream where Bob covers my naked body in gluten and feeds me to a Canadian. What could it mean?
RoomBot
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July 26, 2018, 12:16:54 AM

We all agree Roger Ver is an asshat.   It is a fact that is so obvious it doesn’t bear repeating.

I, for one, thoroughly enjoy bashing Roger Ver.

Just think of ALL the BTC, dollars and hashes WASTED on his shitcoins that could should have stayed in BTC ecosystem.
And all the chumps who got swindled in the good name of bitcoin.


--Bitcoinist
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July 26, 2018, 12:26:04 AM
Merited by STT (1)

https://twitter.com/jchervinsky/status/1021795224958455810
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TL;DR -- the SEC can, and probably will, delay its decision on the VanEck/SolidX commodity-backed #bitcoin ETF until ~February 21, 2019.
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July 26, 2018, 12:35:01 AM

How do we feel about this then?

BlockFi just gathered up $50 million to lend to bitcoin and ethereum holders who don’t want to cash out (yet)

Quote
Currently, BlockFi allows investors to take out a loan as high as $10 million using either bitcoin or ethereum as collateral.

Just like lending on Bitfinex, it's all about how much risk you want to take that the platform itself doesn't go under.

You can make somewhere around 1% or so per year on your BTC lending to shorts. But if Bitfinex goes the way of many of the exchanges, then you lose all of your money.
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