Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 12714. (Read 26714345 times)

You sir has the most accurate prediction than those famous clowns( Tom LEE and the others) in crypto that says it  will go this or that combined. I thought I was strong enough to tolerate this dip after a couple of crashes in the previous months but I was wrong. I feel so weak and I don't like to talk to anyone for a while.

In my experience you are wrong.  This thread used to have a couple somewhat intelligent people in it and now it's almost entirely dumb money.  Anyone that traded shitcoins in the early days knows there's no such thing as easy money.  Bitcoin turned into a complete outlier situation and started providing lots of dumb people with lots of free money for a brief period of time.  Now the market probably wants to reach equilibrium again and take it all back.

I don't dislike Micgoossens or anything, but he's basically the world champion posterboy of dumb money.  JayJuanGee?  As dumb money as you can possibly get (if he's even a real person instead of a chat bot, probably not). Elwar? Either dumb money or just a bitcoin cultist with blinders on, take your pick.  Cultists and dumb money are mostly the same, I guess.  A cultist is someone who is unable to acknowledge shitcoins are supposed to derive value from decentralization, yet they're all designed to centralize and have absolutely nothing resembling a Nash equilibrium, so have no fundamentals to derive value from besides temporary regulatory arbitrage.

As for Boblawbaw?  He's not dumb money, he's more of a scammer.  If you look at post history, and I'm 100% not joking, he was telling EVERYONE to hold for days when the price was near $20k while he was dumping everything, then he typed some shit like "thanks guys, now I'm a millionaire".  It seemed like nobody else but me even commented on his actions, so this thread is even 10x more dumb money than you probably think.

Not yet. You can follow the scam coin here:
http://hashwars.cash/
https://cash.coin.dance/

So has it split yet? Where can I sell cash abc and cash sv for bitcoins?

This current fiasco is certainly underlining what a rich man’s game BTC has become.

Retail exchange volume has been dying all year:

Perhaps in part to the psychological barrier of a perceived high entry cost. Small time traders once willing to buy when bitcoin when it was a couple hundred bucks now seem to be balking at $5000, and that’s on sale! Maybe fractions of a Bitcoin just aren’t sexy enough.

Certainly this is also due in part to the shitastic quality of retail exchanges, from frustratingly inept (Coinbase) to down right shady (take your pick).

Meanwhile, institutions have been “scrambling” in typical slow-motion fashion to jump on board, either as service/product providers or investors. We know a great deal of Bitcoin has been exchanging hands OTC, for lack of a single decent institutional exchange. I suspect OTC volumes in 2018 have dwarfed exchange liquidity. But come 2019, this may be changing. Fidelity, Bakkt, perhaps an ETF or two may be entering the scene. Too little too late or just in time, it’s hard to say, but some sort of credible institutional exchange should be well positioned before the next halvening in 2020.

Which makes this current fiasco feel like one of the last gasp attempts for these JihanVerWright dickwads to have much of an influence on BTC price at all. Just imagine all the current retail and OTC volume combined with hopefully even more mainstream institutional investors jumping on board for the first time in large mega-exchanges the likes of Fidelity or Bakkt. How could they possibly compete?

A year from now or less, these wannabe tyrants and their petty forkery and overt (illegal, even?) price manipulation will be irrelevant.

But then again, so may be all interest in crypto, for all the negative attention these shenanigans are bringing.

We must be the laughing stock of Wall street. And that must be saying something. I can't even look anymore. God help us all.

No that's not how things work. bcash fork is amazing for BTC. The more those players cash out of BTC now the better it is for bitcoin

Whether he is or not is really irrelevant, no one really cares about him, what's important is if he has access to Satoshi's private keys. The thing is, the market would crash hard the second a single satoshi is moved, on top of that he'd probably drown in lawsuits the second he tries to move that satoshi. So assuming his alleged BTC1MM holdings (most likely much less -lawsuits -bcash fork costs), at $1k it would require $1billion to completely buy him out of BTC and let him go play in his SV sandbox. This would be the ideal solutions as it's better to take a hit now and remove the risk at this stage. Which sort of baffles me, because of such high amount he knows his holdings are illiquid so buying up another mil from Bitmain + other ABC holders would make bcashSV so toxic no one with brain would touch it, regardless how great his ideas might be.

If he has the keys the SV fork should go smooth and he should be able to take over ABC easily with little effort. But I'm expecting his SV to be a failure which would just burn through cash (he's already cashing in BTC just to fork bcash) so he won't be able to sustain it for much longer, without tapping into those reserves.
But the most likely scenario is he doesn't have the keys, in this case he'd try to drag this game out as long as he possibly can trying to create as many controversies as humanly possible to try and stay relevant in this space.

Bcash fork is maybe bad for BTC.
instead of one, now we need to deal with 2 impersonator of btc.

BCH network power roughly equals to 5% of BTCs network power.

I dont see a hashrate problem for BTC.


Btw im pretty sure calvin is paying for all that fun, isnt he a billionaire?

I'm in.

...we will all eat our hats. Buffet style.

Is Craig Wright really satoshi nakamoto?
If so, he could send bitcoin price down to 1000usd

This is scary...

All the major exchanges ''favors'' ABC not SV because;


https://bitcoinmagazine.com/articles/when-fork-forks-what-you-need-know-bitcoin-cash-goes-war/

Miners only lose money mining that shitcoin.

Enjoy the show 

No. Do try to keep up.

I am saying that one miner is unlikely to know the hash power capabilities of another miner, should second such miner have hash power yet undeployed.

Haven't seen this mentioned yet. From Coinbase:

"On November 15, we will pause Bitcoin Cash (BCH) trading, including the ability to send and receive BCH, while monitoring the outcome of a planned hard fork."

In their blog, there's several Q&A things, several of the A's start with, "We cannot predict xxxx"

If his going to do a power trip he should have done it when bitcoin price was on the high 19k, but the fact that his in control with such large amount is a bit scary.

Not wise, my biggest mistake in life was not switching over 2 of the 6 systems I had crunching F@H on bitcoins launch like I had planned, and yes I've known about it since then.