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

[HairyMaclairy]

[El duderino_]

[bitserve]

Bassen on the 4hr chart, I give it up to 4 days to find the way up again. So a few days of rest in no mans land, gentlemen.

On the larger time frame, no big selling close to $6,000 but also no big buys with this Ghostly MtGox seller around. Something has gotta give.

Mt Gox coins haven’t moved since May.  

And no further sales after tamagotshi (or whatever he was named.. I don't remember) said he wasn't going to sell anything more for now.

Funny this is considered any "news". Fortunately the market doesnt care anymore.

[fragout]

Bassen on the 4hr chart, I give it up to 4 days to find the way up again. So a few days of rest in no mans land, gentlemen.

On the larger time frame, no big selling close to $6,000 but also no big buys with this Ghostly MtGox seller around. Something has gotta give.

Mt Gox coins haven’t moved since May.  

And no further sales after tamagotshi (or whatever he was named.. I don't remember) said he wasn't going to sell anything more for now.

Funny this is considered any "news". Fortunately the market doesnt care anymore.

It was kobayashi and I believe he said after the last sale that he had no plans to sell anymore until September.
This is him here coming home after the last sale.

[crypmike]

Cryptocurrency exchange Coinbase has announced some changes in its listing policy.
The new listing process, compliant with local laws, will be faster and will welcome wider range of digital currencies.

https://www.coinspeaker.com/2018/09/26/now-almost-anyone-can-list-a-cryptocurrency-on-coinbase-xrp-investors-celebrate/

[Kylapoiss]

That reminds of myself in 2014 and 2015, did just that and then fucked some (many) things up, ended up selling most of it. Now I would live on the streets before I sold my precious coins.

[El duderino_]

[HairyMaclairy]

[Raja_MBZ]

Reserve Currency Status Does Not Last Forever!

https://www.reddit.com/r/Bitcoin/comments/9j0sia/reserve_currency_status_does_not_last_forever/

[Kylapoiss]

Main shit going nuts again

[ssmc2]

Reserve Currency Status Does Not Last Forever!

https://www.reddit.com/r/Bitcoin/comments/9j0sia/reserve_currency_status_does_not_last_forever/

Perfect timing for BTC to fill that role 

[pönde]

Main shit going nuts again

Do exchanges just create fake trades of XRP or are people stupid enough to buy and hold it?

[El duderino_]

^
Again ripple up , people are taking crazy pills
 

[Torque]

Funny, I remember looking at CMC in January and there were ~1770 total cryptos listed including Bitcoin.

Two weeks ago, there were ~1950.

Today, there are 2003.

Fucking hilarious that shitcoins are being created daily, weekly, monthly, by the hundreds at light speed. At this rate there will be >10K shitcoins listed on CMC in 10 years.

So you can completely ignore the "BTC Dominance" metric, it's totally bogus and worthless when CMC just continues to update and list every fucking shitcoin ever made.  

[crypmike]

Haha this is cool

[Wekkel]

The free creation of any shitcoin is the power of cryptocurrencies. No one holds a monopoly.

Embrace it (not shitcoins, but this concept of freedom).

[Torque]

The free creation of any shitcoin is the power of cryptocurrencies. No one holds a monopoly.

Embrace it (not shitcoins, but this concept of freedom).

I don't dispute that. I dispute that a crypto is seen as having any monetary or value storage just because someone clicks a button and creates a blockchain.

[Kylapoiss]

Main shit going nuts again

Do exchanges just create fake trades of XRP or are people stupid enough to buy and hold it?

Well, most of my mates are into crypto, I guess I'm lucky with that, unfortunately most of them are into alts, where XRP being the most popular one. So I actually know people who have invested $10k+ into XRP and continue doing that, despite the explanations I try and give them about the centralisation and overall shittyness etc. But I have converted a few to get mostly into BTC. I was over 70% in alts in the beginning of the year, my notsogoodmateanymore JJG talked me out of it, made me stop playing around.

[Murat]

Holy Cow!

Noobs: XRP gonna cross BITCOIN! 

Mom: kid, shut your whore mouth!

#2018

[JayJuanGee]

Main shit going nuts again

Do exchanges just create fake trades of XRP or are people stupid enough to buy and hold it?

Well, most of my mates are into crypto, I guess I'm lucky with that, unfortunately most of them are into alts, where XRP being the most popular one. So I actually know people who have invested $10k+ into XRP and continue doing that, despite the explanations I try and give them about the centralisation and overall shittyness etc. But I have converted a few to get mostly into BTC. I was over 70% in alts in the beginning of the year, my notsogoodmateanymore JJG talked me out of it, made me stop playing around.

Ultimately, you have to take responsibility for whatever is your own personal choices in allocation based on your own circumstances, including your finances (including what you already have invested and cashflow), your view of the various assets, risk tolerance, timeline, etc.

I would think that most members who participate in this thread are a majority in bitcoin, and there are several here who are over 90% in bitcoin.  Others are going to play around with alts more, and even believe in some of the stupid ass proclamations of alts (such as they are bitcoin 2.0 or that bitcoin is defective in some kind of way). 

Probably the smartest way to involve yourself in alts is based on shorter term scenarios, but surely a decent amount of gambling and timing involved in that which might involve an attempt at garnering insider information and taking advantage of when pump and when dump.  I personally don't have a lot of tolerance for that, but I understand that others do.