Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 15122. (Read 26712353 times)

Are we anticipating further downward moves ? This looks a standard military operation I don’t think they’ve shaken enough out yet surely ?

If we go back up the 500 again I’d say that’s evidence of secure territory

As always Bitfinex is causing the dump. Between 13.09 and 13.19 roughly 1880 BTC were sold. They are hoping to cause panic and rebuy lower. Let's see if the traders will fall for that.

Notice how they saved that last little ammo for the dump below 15k.

Classic bitcoin.

5 minutes, the 15000 buy wall was pulled @ GDAX

Have we just gone down 500 in 10 minutes ?

Anybody Any non-troll foresees a bottom here? :/

Interesting Bitcoin is hanging around 160,000 unconfirmed transactions yet total fees are only about 23 bitcoins with 3.4 transactions per second coming in.

The raw number of unconfirmeds are still high (normally I'd expect 50k or so) but the fees went down from thousands of bitcoins to a double digit number. Does this mean:

1) The remaining transactions are probably spam/dust
2) Fees to use the chain should be down
3) This is a good sign

?

https://www.spectator.co.uk/2018/01/why-cryptocurrencies-are-the-answer/
not too terribru

Hahahaha, LMAO.

Now the pumpers won't be able to influence average price of shitcoins like BCash, XRP, EOS, etc. on coinmarketcap anymore. Controlling the tiny floats on those Korean exchanges won't matter.

Best news of the year so far.

haha bcash people are a bit thick yeah

The same Korean exchanges have also been excluded for BTC.

Don't understand why only 3 Korean exchanges have been excluded, while Coinnest and Coinrail are still included

Good to know the Korea market was only about $60 billion or so and not some ridiculous owning half of all cryptos ever nonsense.

Hahaha that’s hilarious.  CMC needs to a bit more careful.  I assume the drop in Bcash is the same effect.  That’s really quite damaging to the Bcash shills, especially as they rely on a less technically sophisticated audience.

This makes sense. I found it very strange that XRP dropped so fast whilst BTC didn't even move. If people came out of XRP, the vast majority would need to switch to BTC first surely.

https://twitter.com/joelkatz/status/950242696848842752

could also effect BTC.

Indeed. It seems a bit like the Y2K bug panic to me.

Sure theoretically it is possible to exploit the speculative execution security bug but it is still much easier for attackers to try to install keyloggers remotely, or Windows mallware such as what happened with the NHS attack in the UK or setup a callcentre in India pretending to be Microsoft and phone random people and getting them to pay for unnecessary support or pretend to be from GoDaddy and phone new domain owners getting them to pay for unnecessary "domain activation" or even try to get them to give up their BTC wallet private keys or attacking crypto exchanges directly.

It’s a hardware issue. Software can’t fix hardware issues.   It’s also overblown if you are already following good security procedures like a paranoid holder.

1.  At the time of this post its 5.57 am on Monday in New York on the first real work week back from Christmas.  We know that the price drops during holiday periods.   This dip can be seen as the bears’ last blow off before life returns to normal.  

2.  We know that Bitcoin will most probably be listed for an ETF in coming months. The whales know it too. They have been trying to shake down the hodlers all Xmas break.  Their efforts have been fairly dismal.  When the ETF is announced (or rumored) the price will go vertical and Bitcoin will claw back its dominance as the alts quagmire sinks.  To me it is obvious this is a short lived dip.  Like I said, I am a bull.  

3.  I live my life in containers.  This forum is part of my Bitcoin box.  It is not allowed to touch the other boxes.  In 2014 I put was I was prepared to lose into the Bitcoin box.  Since then I have not put any more money in.  The box is mostly full Bitcoin but is allowed to sell some small amounts for pullbacks.  When I talk about being long, it is because my Bitcoin trading box is out of fiat.

4.  In the event of a major price drop, I might consider taking some money from other parts of my life (other boxes) and putting it into Bitcoin.  Not a drop to $8k which I would consider fairly minor, but a drop to $3k would get my attention.   I have been successful since 2014 and so what I am prepared to lose would be bigger, but it take a lot to let the boxes touch - it would need to be a life changing event.

In summary I think the confusion lies from us using our terminology in two different senses.  

Mate you are reading too much into that. It just means most of the altcoins are - you know - red at the moment. I don't trade and I don't own any shitcoins coins so I really don't care if they go up down or sideways. I'm a good old fashioned permabull BTC hodler.

spectre and meltdown comin, close your trading accounts before apocalypse