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

[bitChipper]

WTH happened at Coinbase? I see they are back online now.

Pro never hiccupped. Not for me, anyhoo.

Meanwhile on cryptocurrency subreddit:

-This always happens!!

-Tried to cash in but no luck!!!!

-How convenient! It's almost like they know they can take your money and you have no recourse!!!

My condolences for those who got caught in it. All I can report is my own experience. In this case, pro.coinbase.com user nor affected. I offer no explanation. Maybe just because I was already logged in?

https://www.coindesk.com/coinbase-hit-with-outage-as-bitcoin-price-drops-1-8k-in-15-minutes

They don't say specifically if coinbase pro was affected or not but they do say that " it's internal systems appeared to be functional during that period".....

Not to put a tinfoil hat or anything but robinhood also experienced issues during this period, both coinbase and robinhood are us based exchanges, could it be possible that there are geopolitical forces that don't want or want these outages to restrict a certain market from selling? IDK

[jbreher]

Is it my imagination or did I just actually read a civil exchange between yogi and JJG?

Of course. You are acting like you are new here, though I know you are not.

You goofball <-- semi obligatory JJG style taunt

No need to worry guys (and gal).

Hold my beer.  I got this.

In other words, looks like jbreher has fallen completely under my spell.

In other words (am I running out of words, yet?), picnic jbreher won't be talking no more BIGBLOCKER, bcash pumping, bitcoin naysaying smack.

J, you ignorant slut.

The fact that there are several things upon which we agree, as well as the fact that we can remain agreeable in the face of our philosophical differences, does not imply that said philosophical differences do not exist.

[jbreher]

I wonder how those who blamed bitcoin's drop in dominance on blocksize will care to explain its resurgence? 

The transaction backlog is not yet increasing exponentially. When the FOMO starts in earnest, Blockalypse II will be upon us. We'll talk again at that time.

You mean when your buddies get enough moola and resources together to make some kind of feigned (and likely unsuccessful or otherwise expensive) attempt at a spam attack?

Or perhaps the stream blockers and the rest of the north core-ians come up with another "innovation" they want to poke through. Regardless, it's either an attack vector, or a mere point of weakness. Which of the two is kind of immaterial.

[jbreher]

WTH happened at Coinbase? I see they are back online now.

Pro never hiccupped. Not for me, anyhoo.

Meanwhile on cryptocurrency subreddit:

-This always happens!!

-Tried to cash in but no luck!!!!

-How convenient! It's almost like they know they can take your money and you have no recourse!!!

My condolences for those who got caught in it. All I can report is my own experience. In this case, pro.coinbase.com user nor affected. I offer no explanation. Maybe just because I was already logged in?

https://www.coindesk.com/coinbase-hit-with-outage-as-bitcoin-price-drops-1-8k-in-15-minutes

They don't say specifically if coinbase pro was affected or not but they do say that " it's internal systems appeared to be functional during that period".....

Not to put a tinfoil hat or anything but robinhood also experienced issues during this period, both coinbase and robinhood are us based exchanges, could it be possible that there are geopolitical forces that don't want or want these outages to restrict a certain market from selling? IDK

Hmmm. All I can report is that I was trading all the way through the underdamped step function. No issues other than cognitive overload trying to keep up.

[JayJuanGee]

But, surely his other statements can be considered comedic nonsense.  Does anyone with any kind of knowledge about bitcoin take "bitcoin is dead" statements seriously these days?

What, you mean we won't get those $10 bitcoins we were promised by economics professor Mark T. Williams?

You are not going to get bitcoins for three digits, either.  Sorry to inform you or anyone else waiting for "cheap" coins.

You heard it here, first.   

[vroom]

nice bounce, keep going!

[JayJuanGee]

Did we just lose 1k in 5 minutes ?

Easy come, easy go.

 

Meh.

Easy come easy go.

Wow.. I am like more than 2.5 hours late in my synchronized thinking (some might label it as copy cat.. hahahahaha).

[JayJuanGee]

Did we just lose 1k in 5 minutes ?

More

Is this the typical "someone sold a lot because it went up"? Or is this the typical "someone sold a lot to trigger stop-losses and buy it back later"? Or is this going to trigger my (wife's) Q2 prediction of $7800?

Hahahahahaha

Blame your inner bear on your wife... 

[jojo69]

underdamped step function

looks like too much stray inductance to me

[JayJuanGee]

Somehow it didn't feel as bad watching Bitcoin drop from 13700 to 11800 as it does from 220 to 160.  Odd

I think we'll be ok.

I wouldn't give a fuck if it dropped to $3k right now in this minute. I would just go all in.

I've seen this game too many times already, I know how it goes.

$3k is a bit much...

$7k would be drastic, and still bullish.

Dropping to $3k might take quite a bit of time to recover from something like that... I'm thinking.

[marcus_of_augustus]

fuck guys this WO place has gone to the shit ... I come back, only 14 pages to catch up on

- NO train memes .. i mean wtf?!

- NO rocket memes ... blah, w/e

- ONE measly fiddle without strings, basically no carolinas or even a solitary CCMF!!

JJG and bearshit arguing some arcane point

- $2000 drop in under 5 gets a yawn, no pants shitting or crying bitcoins only worth yesterday pic

place has gone to the dogs, honestly, pull your socks up or I'm pissing off.

[yefi]

You are not going to get bitcoins for three digits, either.  Sorry to inform you or anyone else waiting for "cheap" coins.

You heard it here, first.   

Only three? You furry old bear.

[jbreher]

fuck guys this WO place has gone to the shit ... I come back, only 14 pages to catch up on

- NO train memes .. i mean wtf?!

- NO rocket memes ... blah, w/e

- ONE measly fiddle without strings, basically no carolinas or even a solitary CCMF!!

JJG and bearshit arguing some arcane point

- $2000 drop in under 5 gets a yawn, no pants shitting or crying bitcoins only worth yesterday pic

place has gone to the dogs, honestly, pull your socks up or I'm pissing off.

You sound salty, MoA. Lose your shorts on an early short?

[lightfoot]

fuck guys this WO place has gone to the shit ... I come back, only 14 pages to catch up on

- NO train memes .. i mean wtf?!

Fine. Here is where Bitcoin is as of today.



And here is a picture of a young female's ass:




Now back to watching bitcoin.

[lightfoot]

Meantime I just ditched a job offer with 60k more money simply because they wanted me to pee in a cup.

Fuck that. I have bitcoins, I'm not putting up with that shit.

[yefi]

- $2000 drop in under 5 gets a yawn, no pants shitting or crying bitcoins only worth yesterday pic

In our defence, Jimbo did post one "only worth yesterday" pic  

[jbreher]

Last panel of the conference. The ultimate bull case for Bitcoin.

Max Keiser, Tuur DeMeester, and that ol' cowboy Jimmy Song.

[El duderino_]

well i think that we'll see dump action soon ... price correction have to be done !

YOU FUCK OFF !!!

we'll see )

Post on your real name then

Micg??






LoL, naaaah I only have one account ...

[El duderino_]

This is unsustainable. The price will be under $10k before the end of the year, and stay there until Libra takes over. Bitcoin is done. Short bitcoin.

Merited for making me laugh. I'm borrowing the jbreher rule.

'Make me spew? Get a merit!'

wait.. what ??  giving bogus "doom is going to consume us all" type predictions gets you merits?   Don't give the kid in the store a treat when they are acting bad.   You guys are rewarding bad behavior.

back to the shallow end of the pool noob

[HI-TEC99]

fuck guys this WO place has gone to the shit ... I come back, only 14 pages to catch up on

- NO train memes .. i mean wtf?!

- NO rocket memes ... blah, w/e
...

place has gone to the dogs, honestly, pull your socks up or I'm pissing off.

Happy?