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

[EuroTrash]

When Huobi sneezes, Stamp gets a cold.
Basically we all follow China.

EDIT: lol TERA just wrote it

[EuroTrash]

Checkmate! Yaaay! 

[TakeTheSkyRoad]

Well now we look to be creeping up again and I'm going to go as far as predicting a double top in about an hour, maybe a bit longer.

It will be interesting if we pass the previous top or dip down lower.
No way I'm going to chance predicting that !

If we dip before meeting the previous top then I feel that a small dip means we're more likely to beat the top at the next push up.
Or we could fail to meet the previous top and then dip down lower, under $480 ish.

[jonoiv]

When Huobi sneezes, Stamp gets a cold.
Basically we all follow China.

EDIT: lol TERA just wrote it

what's new though ! hasn't it been like that since it became one of the featured exchanges on wisdom ?

[rudius]

The price will go down, because this spike wasn't caused by new money entering the system, but by moving around of some money that was already in the system. And it's not a lot that's in, so it was only a matter of time when the rise gets exhausted and starts to fall back. I think that we will see some low volume aftershock waves today, and maybe even tomorrow, but it won't be long when the price drops back to sub 400. As long as there isn't new money coming in, then it's a bad call to just sit on BTC. Only thing to hope for is that the drop will be fast and not slow and ugly, like it has been for the past months.

Lol you keep repeating yourself over and over again. Every body is well aware now of what you are thinking. Could you please keep it to yourself till you are bullish. I will then have a lot of coins to sell you...

[TERA]

We're all wasting our time here with the btc/usd prices when nmc and ppc had 60% gains today and nearly 200% since the bottom.

[yenom]

So you've come out of your own thread to do some manipulating here.
The sad part is some noobs here will actually fall for it. They don't realize what a mentally ill narcissistic manipulating troll you are.
For the new guys here any advice this looney offers is for his own gains. I can guarantee you that.

You really think a single thread on a bitcoin forum can manipulate the global bitcoin price? LMAO.

[TakeTheSkyRoad]

We're all wasting our time here with the btc/usd prices when nmc and ppc had 60% gains today and nearly 200% since the bottom.

They feel like bitcoin's equivalent of penny shares and too risky for many (including me).
Yes you can make a killing if they move up but they are also cheap for a reason.

I'd rather buy Doge lol

[jonoiv]

We're all wasting our time here with the btc/usd prices when nmc and ppc had 60% gains today and nearly 200% since the bottom.

over 200%

PPC was $1.30   it touched $2.98 today.  

[dreamspark]

We're all wasting our time here with the btc/usd prices when nmc and ppc had 60% gains today and nearly 200% since the bottom.

And black coin had gains of 450% over the last few days... Its immpossible to try and keep up with all the alts let alone be in the right position at the right time !

[yenom]

We're all wasting our time here with the btc/usd prices when nmc and ppc had 60% gains today and nearly 200% since the bottom.

Depends on your timeframe. Mine is longer than 1 day. LMAO

[TERA]

I wonder why all the alts except LTC  (LTC/BTC) are rallying?

[akujin]

We're all wasting our time here with the btc/usd prices when nmc and ppc had 60% gains today and nearly 200% since the bottom.

Sshhh! Don't attract the big whales! 

[TakeTheSkyRoad]

I wonder why all the alts except LTC  (LTC/BTC) are rallying?

LTC is traded on the Chinese exchanges so follows BTC very closely thus the BTC/LTC rate has barely moved in comparison.

Edit : In a market driven by China anyway

[ShroomsKit_Disgrace]

I wonder why all the alts except LTC  (LTC/BTC) are rallying?

All the Fiat used to pump ppc, nmc and bc have left ltc alone crying in the backyard...

[EuroTrash]

We're all wasting our time here with the btc/usd prices when nmc and ppc had 60% gains today and nearly 200% since the bottom.

Wow, just noted yesterday on coinmarketcap, thought it was a fad and dismissed it. Biting my lips now.

Speaking peercoin: transaction fee is fixed to 0.01 PPC, so at current prices every transaction costs almost 0.03 USD. Were peercoin's price to rise even further, it would be no use as a currency anymore. Or?

[Mervyn_Pumpkinhead]

I wonder why all the alts except LTC  (LTC/BTC) are rallying?

Smaller market cap. usually means deeper falls and higher rises.
That's why I'm probably buying a load of alts not BTC, when the time is right.

[Miz4r]

I wonder why all the alts except LTC  (LTC/BTC) are rallying?

LTC will catch on fire later, there are always a few altcoins that lag behind and once people see that NMC and the other altcoins on fire right now have run out of steam they will look back at LTC and some of the other altcoins and think hmmm this one looks like it could use a pump and panic buyers will do the rest.

[Mervyn_Pumpkinhead]

We're all wasting our time here with the btc/usd prices when nmc and ppc had 60% gains today and nearly 200% since the bottom.

Wow, just noted yesterday on coinmarketcap, thought it was a fad and dismissed it. Biting my lips now.

Speaking peercoin: if transaction cost is fixed to 0.01 PPC, at current prices every transaction costs almost 0.03 USD. Were peercoin's price to rise even further, it would be no use as a currency anymore. Or?

They can and will change the transaction costs when needed. Peercoin was actually created to be more of an store of value coin, then a transfer of value coin. Therefor the high transaction costs.
Primecoin is also quite interesting, but by enabling GPU mining ruined it a little

[Richy_T]

Trains....


Trains everywhere...