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

[inca]

Looks like panic on the shorts, could spike high.

When finex breaks 400 it is ON!

[heartastack]

Fun fact, I started noticing adverts on forums and youtube about 'how to short bitcoin' just around the time of the bottom last week. What a signal.

[Walsoraj]

The next 24 hours are critical; true or false?

[blade87]

Fun fact, I started noticing adverts on forums and youtube about 'how to short bitcoin' just around the time of the bottom last week. What a signal.

I also started seeing plenty of "Do not buy Bitcoin - See where smart Bitcoin investors are putting their money now"

Or something like that.

[JayJuanGee]

for all who have not read it yet
http://www.coindesk.com/apple-pay-threat-bitcoin/

$10 incoming!!

Gotta say, that article seems incredibly misguided to me.

I think BTC might have issues with confirmation time right now that prevent a ton of in-store user adoption, but the long-term important advantage that BTC has, in my view, is transaction cost.  Apple isn't going to reduce transaction cost one iota for anybody in the chain, from what I can tell, but somebody pleae correct me if I am wrong.

For ordering online for next-day ship, fo airline tickets, for anything that doesn't require immediate change-of-possession, there is a 4%+ advantage to using BTC.

I just wish somebody would integrate a BTC wallet with gasoline pumps and come up with a way for me to put gas in my car while saving that 4%+, then split that savings with the merchant.

Apple just provides a slicker interface for using the same system of usury.

If anything Apple has proven historically that people are willing to pay a considerably high premium for ease of use (or even perceived ease of use).

Absolutely, you are correct.  They will.  But I don't see that as a threat to a blockchain-oriented solution. Consumers may very well be happy to pay, but ultimately, what goes on behind the scenes will migrate towards lower cost solutions, IMO.

In other words, Apple Pay could end up being the gateway to something more efficient.

There may be ways in which bitcoin innovations will be able to learn from what Apple does, and also, Apple's diving into this territory may allow for greater acceptance and adoption of bitcoin. 

Personally, I believe that bitcoin is NOT going to win in the short-term merely on it's payment system and low costs (though in the long run, bitcoin will provide a lot of competition regarding costs), and more savvy persons (like you and me and several other bullish-oriented posters in this thread) are going to realize that bitcoin holds much more value (than centralized systems, such as apple pay) because of its decentrailzation, flexibility and its store of value and we are NOT (hopefully) going to get distracted by mere ease of use framings... even though many of us alsolikely wished that BTC were easier to use in a variety of ways (yet we understand that ease of use will likely improve with time).

[tronic1704]

While Finex and Stamp are already at 400, in China still fight for the 390th
How stupid actually.
The build the Wall in 2400 to again and again.
But soon have puked up.

[JimboToronto]

the sharks are having fun stripping the shorts like a fat pile of meat on a rotisserie.

Bear meat? Yum.

[micalith]

@Shroomskit

you really should do something else...you'll get a heartattack before you finish high school

hahaa!  

[Meuh6879]

The next 24 hours are critical; true or false?

no ... monday and the end of the friday are a point-of-view.

[fonzie]

Fun fact, I started noticing adverts on forums and youtube about 'how to short bitcoin' just around the time of the bottom last week. What a signal.

It´s probably malicious bull whales who put those adverts online. Just that they have more meat to slaughter. 

[inca]

Finex bears trying..

[spiderbrain]

The next 24 hours are critical; true or false?

The last 24 hours were critical

[Omikifuse]

While Finex and Stamp are already at 400, in China still fight for the 390th
How stupid actually.
The build the Wall in 2400 to again and again.
But soon have puked up.

they still waking up.

Bigger pumps by the dawn

[JayJuanGee]

@Shroomskit

you really should do something else...you'll get a heartattack before you finish high school

+1   

[razorramon]

i guess this is the last resistance @400 @finex...will probably not even get to 390...

[Hiro_Y3k]

While Finex and Stamp are already at 400, in China still fight for the 390th
How stupid actually.
The build the Wall in 2400 to again and again.
But soon have puked up.

they still waking up.

Bigger pumps by the dawn

It's almost 7:00 am in China

[ErisDiscordia]

Guys, I'm worried about Notlambchop.

The only reason I can imagine why he wouldn't be posting now is if he had a terrible accident...

I mean, he usually spams the thread with brony memes and other random pics, I cannot fathom why he wouldn't be posting now.

^_^

This is truly inexplicable...what reason could there possibly be?

[JimboToronto]

Fun fact, I started noticing adverts on forums and youtube about 'how to short bitcoin' just around the time of the bottom last week. What a signal.

It´s probably malicious bull whales who put those adverts online. Just that they have more meat to slaughter. 

Kinda like salt licks and deer.  

[sickpig]

The next 24 hours are critical; true or false?

For XRP?

[ShroomsKit]

This constant dumping in insane!

400 is lost again. Wtf?