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

[bitebits]

The market is very strange. Whenever there is a seller there will be one buyer, and they both think they are smart.

I disagree for at least for the retail investors: selling at this stage is mainly lead by fear, while the ones now buying are the crazy ones believing in Bitcoin's value. It takes way more balls and conviction buying in this relentless bear market.

You lose smaller on bear market than in bull.

Lets say I got my coins at 3k then bear market continuous and dropped to 2k, I lose only 1k per coin, that is if I got tired of hodling. Unlike in bull market, when you fomo'ed and got your coins at 15k then market corrected to 10k, you lose 5k a piece. Market now is so repressed that hammering it to lower price takes a lot more. Don't think any holder would sell at loss unless you want to buy more down below like whales do.

I'd be happy to take more coins at lower price. Its not balls at all. Don't think no one is buying at bear market, they are. I am.

Don't give up on your coin so easily.

Buying like it is '14/'15 again, but that is just because I am a masochist.

[bitserve]

Source: https://twitter.com/woonomic/status/1069367245715972096

[rolling]

...and Bitcoin SV is pumping, it remembers me the game between BTC and BCH when big players were shorting and pumping money shaking the market.

Kind of silly to call it Bitcoin SV when it is a fork of BCash. It should more accurately be called BCash SV or at least BCHSV. Not sure what the idiots at Coinmarketcap are thinking. Another one of their questionable decisions.

[jbreher]

Since February, started with 4 BTC and has grown to over 450 BTC today.

Congratulations! You've done well for yourself.

Oh... Wait... Lightning system total capacity, you mean. Nevermind.

[Biro Bob]

Coinbase Pro in the UK review.

Someone asked about using Coinbase Pro / GDAX for GBP the other day. I created an account which was validated (driving license and energy bill) within hours. I connected a paid Revolut GBP account which supports faster payments which was also validated within hours (I needed to deposit £2 to prove account)

Since then, I have been very impressed. UI works great on my iPad Pro and deposits from Revolut arrive in less than an hour. i deposited £200 from Revolut at 23:54 which arrived at 0:57. My withdrawal limit is £10,000 per day.

I also like the persistent login from my iPad... so I dont have to keep logging back in.

Review so far 5/5

[bitserve]

Silence. Just silence. A devastating one.

[virtual2018]

Total market capitalization of all cryptocurrencies fell sharply as well, wiping away another $11.5 billion to stand at $108 billion on the day, a far cry from $813 billion seen on Jan. 8, CoinMarketCap data shows.  

[Maicol792]

I think bitcoin is the real digital gold and is the real store of value of blockchain technology. The other crypto are the worker of blockchain tech world... don't panic ... hodl 1 btc is 1/21 milions ... this is the true. In the near future we don't need btc/fiat pair why the fiat are collapsed from the debit. Close your eye, reflect and think bitcoin don't know debit. Good luck and good life to all my friends.

[Heater]

History rarely repeats, but it does rhyme. Bigger factors at play now.
http://0ye0gncqg772o.com/
 

Creation Date   2018-01-01T12:18:35Z
Registrar WHOIS Server   whois.namecheap.com

I always knew that Satoshi was a cheapskate with f-all to do on new years day. /s

[bitserve]

If I hold bitcoin cash, how can I claim the bitcoin cash SV?

This may be one of the (simplest) ways to do it: https://support.kraken.com/hc/en-us/articles/360001474046-Bitcoin-Cash-BCH-and-Bitcoin-SV-BSV-replay-deposits

As there is no reply protection between ABC/SV it is better to send to an exchange that does generate the same deposit addresses for each.

Other way is to combine newly mined coins into tx for each of the forks, but I think using an exchange is more straightforward.

#DYOR

[RivAngE]

How is the weather in your country people? Here in Greece we have a good weather (for winter that is).
Whenever I open Coinlib in a tab to check the prices and I see stupidly overdone declines, I just close the tab and focus on other things.... well.... lately I've started to notice the beauty of flowers!

[alevlaslo]

why ETH falls stronger than bitcoin? Competitor's problems should be beneficial, not the other way around

[VB1001]

Total market capitalization of all cryptocurrencies fell sharply as well, wiping away another $11.5 billion to stand at $108 billion on the day, a far cry from $813 billion seen on Jan. 8, CoinMarketCap data shows.  

It is not the cash.

If the crypto make pump you can double, triples or quadruples the marketcap.

if there is a devaluation of the prices of the crypto low the marketcap.

The important thing is that BTC Dominance: 55.2% is increasing, means that they are change shitcoin x BTC or buying BTC  

[SidETH]

Strangely enough I really start to enjoy seeing it go lower and lower. Time to get some fiat ready and BUY LIKE A MOTHERFUCKER.

[El duderino_]

BTC Dominance: 55.3%

Bullish

BTC : bullish

[bitserve]

I have learned a lesson that I will never forget. Don't know what the lesson is yet.

And you guys should be as depressed as I am, not buying shit like there's no tomorrow.

This capitulation thing is exhausting.

Good morning Mic! Well, it is not good really but... you know.

[figmentofmyass]

why ETH falls stronger than bitcoin? Competitor's problems should be beneficial, not the other way around

altcoins are correlated to bitcoin, no exceptions. in a bear market, they always fall harder than bitcoin. this makes sense: in a market contraction, higher risk and more speculative assets suffer the most.

bitcoin and altcoins aren't competitors. their relationship is symbiotic, really.

[Raja_MBZ]

I have learned a lesson that I will never forget. Don't know what the lesson is yet.

And you guys should be as depressed as I am, not buying shit like there's no tomorrow.

This capitulation thing is exhausting.

Good morning Mic! Well, it is not good really but... you know.

Just a little bit more guys... we're almost there!

[Stevenirving]

We have seen worse drops then this by far and we will see even worse drops in the future. Rinse and repeat. Nothing has changed other then the stakes being higher. Next time they will be even greater then this...

[alevlaslo]

why ETH falls stronger than bitcoin? Competitor's problems should be beneficial, not the other way around

altcoins are correlated to bitcoin, no exceptions. in a bear market, they always fall harder than bitcoin. this makes sense: in a market contraction, higher risk and more speculative assets suffer the most.

bitcoin and altcoins aren't competitors. their relationship is symbiotic, really.

the rest are not, but the ETH is, it is a contender for the first place https://bitcointalk.org/index.php?topic=428589.msg48412665#msg48412665