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

[d_eddie]

Despite the price going slightly down, it looks like silent, small, continuous buying is going on. It is as if someone was still accumulating trying not to let it through.

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[Bitcoinaire]

It really puts it in perspective how far we've come from the lows in December. Buy the dips!

$BTC is up 180% off the 4-Year Cycle Low. Took 5 months, with relatively little attention/fanfare.

To reach all time highs, it needs just a 122% move from here.

https://twitter.com/BobLoukas/status/1133720495273238528

[gembitz]

https://yobit.net/en/trade/YOBTC/BTC
 
weeeee

[fillippone]

Today I looked up down the price of a BCH. I feel dirty.

FTFY.

[jonoiv]

https://yobit.net/en/trade/YOBTC/BTC
 
weeeee

at $175 currently,  so what's that another $3bn of QE?

[d_eddie]

The small climb continues. Without either a sharp drop or another breakout, this will get near Vegeta levels in a few hours. Go bitcoin go.

[El duderino_]

https://youtu.be/Csj1l2ymPjw

What a sh*tshow ....... poor people that lives there, good they have BTC to work with!

[gembitz]

https://yobit.net/en/trade/YOBTC/BTC
 
weeeee

at $175 currently,  so what's that another $3bn of QE?

smoke and mirrors run the show @ yo weeee

[El duderino_]

The small climb continues. Without either a sharp drop or another breakout, this will get near Vegeta levels in a few hours. Go bitcoin go.

Really wanna see the again first true Vegeta of when passing 9K

[Flying Hellfish]

I R trying to figure out if it's the 3lbs of bacon or the gun on the table that is the wrong part of the EU's assumptions!
 

[ivomm]

All these people keeping their Vegeta "It's over 9000!" memes, ready!

[_javier_]

When it dumps and not only recovers but it reaches prices higher than before the dump.. you know its a bull market.  

When the dump is steep and the recovering is slow and steady, you know its just a few sells and many more buys..  as they say, dont fight the trend.


BTC is an emotional market.. and i only see good news and developments on the horizon.. Am i full of hopium or what??

Its hard to expect less to avoid the deception when this looks that good overall.

[LFC_Bitcoin]

All these people keeping their Vegeta "It's over 9000!" memes, ready!

I’ve got some driving to do later, I don’t think I’ll be first
Hopefully it’ll be today

[AB de Royse777]

Can I order a hat from xhomerx :-)



Thank you.

[infofront]

Here's a post for people like Trollgoossens who actually believe Bitcoin is on some sort of clear skies sailing to an "inevitable" future of 500 bazillion dollars per coin.  I'm linking this Anonymint post because I think even prolific shills like Last of the V8s/Popescu actually do believe him and think this will/might happen (it has to do with the anyone can spend segwit coins and forced reversion to pre-segwit):

https://steemit.com/bitcoin/@anonymint/ps965c

And there's my reply to him below:

I find it odd you're actually bullish on Bitcoin with no valid form of scaling whatsoever.  LN is garbage because it's only possible evolution of network topology is a replica of the already existing banking system where you just have one channel open with a bank who routes all your transactions.  But people are stupid and they'd probably lie and shill for it anyway in order to try and pump their "investment".

But if you think segwit is just an inevitable land mine and LN isn't even in the picture at all, I think I calculated even with 8 MB blocks, only transactions of something like $10k+ would be viable on-chain with mainstream bitcoin adoption.  That's a pretty 'meh' system. Bitcoin would be very niche and probably fade into obscurity.  If it didn't fade into obscurity, it's market share would all be stolen by some higher scaling or cheaper to transact coin.  

That and it's not possible for imaginary, digital shitcoins to defeat metals as the base of Exter's Pyramid in the first place.  And China and Russia have already cast the die proclaiming metals as the future backbone of the financial system too.

You're still looking at Bitcoin as a transactional currency. It's not meant for buying cups of coffee, and it won't work that way. Maybe people will be able to do that via centralized, layer 3 solutions someday.

The 1MB immutable block size guarantees only the wealthiest of the wealthy will be able to move coins on chain. That's by design.

[kronos123]

I think that most of the users who participate in activations in here every day have already seen this video, but I find it right to make it known even to younger users.
I'm talking about Andreas Antonopoulos and his introductory description of what Bitcoin is, at the 2016 Singularity University's Innovation Partnership Program (IPP)

Fantastic video that makes you think and smile if we think it was shot in 2016, with Bitcoin at $ 600 and $ 10 billion in capitalization around.

https://www.youtube.com/watch?v=l1si5ZWLgy0&feature=youtu.be

[infofront]

What should I change the poll to?

[AlcoHoDL]

This slow rise is sooo smooth and satisfying... Seems we've entered a stage where the price rise is not rapid, but slow and organic (whatever that means). Kind of like a tank that slowly marches on conquered land...

5-digit territory in sight, locked, cocked and ready to rock.

Go Bitcoin go!

[JSRAW]

What should I change the poll to?

Hint : Everyone want to relocate somewhere nice after -100k-

[LFC_Bitcoin]

What should I change the poll to?

Who will buy back in first during an act of desperation so they don’t miss the moon bound mission?

• r0ach
• gembitz