Can't believe ETH hasn't crashed yet.
What dumb fucks are actually holding that?
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 17217. (Read 26608259 times)
May 19, 2017, 11:19:49 AM
May 19, 2017, 11:03:48 AM
Even the most unknown altcoins are getting pumped, incredible... 
I know there is a sucker born every minute but do they all think that all those coins are the same as Bitcoin? This will turn into a mega bloodbath.
I know there is a sucker born every minute but do they all think that all those coins are the same as Bitcoin? This will turn into a mega bloodbath.
the thing that people are forgetting is that alts are taking off in places like korea. i think that's where much of the ripple buying is taking place. all it takes is one new market to get excited and it blows all the current ones out of the water for a while.
Actually you touched on another thing that newbs just don't understand, that there are nationality-specific altcoins that are being traded around the world as well. You won't see these listed on coinmarketcap.com or even on the major exchanges, but if you go translate on certain countries forums you see them being discussed. For example China has hundreds of asian-specific altcoins and derivatives that they trade, and I'm pretty sure other countries do as well. These are all scamcoins designed to siphon money off of gullible newbs who are just out to get rich quick.
All the special snowflakes can't be special if there are thousands of them... and only known about by the locals.
May 19, 2017, 10:13:47 AM
Even the most unknown altcoins are getting pumped, incredible...
May 19, 2017, 10:12:53 AM
Even the most unknown altcoins are getting pumped, incredible...
Nothing bad about that. Just sell all the way up (back to BTC).
You can easily double for BTC holdings withing a few weeks without much risk. 10x (or more) increses in BTC portfolio are not for the faint of heart.
May 19, 2017, 10:11:33 AM
Even the most unknown altcoins are getting pumped, incredible...
I know there is a sucker born every minute but do they all think that all those coins are the same as Bitcoin? This will turn into a mega bloodbath.
I know there is a sucker born every minute but do they all think that all those coins are the same as Bitcoin? This will turn into a mega bloodbath.
the thing that people are forgetting is that alts are taking off in places like korea. i think that's where much of the ripple buying is taking place. all it takes is one new market to get excited and it blows all the current ones out of the water for a while.
May 19, 2017, 10:10:48 AM
It amuses me when maximalists confuse an 'ought' (or 'can') with an 'is'. The reality is that businesses troll traders are obliviously just getting on and using non-bitcoin blockchains (= alts shitcoins) for all kinds of things fleecing newbs out of their $$$ without any regard to those arguments.
FTFY
Plenty of those. But plenty of innovation and legit businesses too. Argue with the market if you want!
May 19, 2017, 10:09:30 AM
Even the most unknown altcoins are getting pumped, incredible...
I know there is a sucker born every minute but do they all think that all those coins are the same as Bitcoin? This will turn into a mega bloodbath.
ETH is taking over Bitcoin must the biggest joke, they are up for a big suprise when Rootstock will take over ETH
I know there is a sucker born every minute but do they all think that all those coins are the same as Bitcoin? This will turn into a mega bloodbath.
ETH is taking over Bitcoin must the biggest joke, they are up for a big suprise when Rootstock will take over ETH
May 19, 2017, 10:06:50 AM
It amuses me when maximalists confuse an 'ought' (or 'can') with an 'is'. The reality is that businesses troll traders are obliviously just getting on and using non-bitcoin blockchains (= alts shitcoins) for all kinds of things fleecing newbs out of their $$$ without any regard to those arguments.
FTFY
May 19, 2017, 10:02:59 AM
Bitcoin is battle-tested. No other coin even comes close to the security Bitcoin provides. The problems Bitcoin is currently facing would be just the same for any other coin. Bitcoin's slow (and cautious) progress is a feature, not a bug. The current financial system cannot, and should not, be replaced quickly. And ultimately, anything that most alts can do, will be possible on the Bitcoin blockchain via Lightning, Rootstock, Sidechains, etc.
I wish no bad luck on anyone, but I worry that those people throwing money at alt coins are going to get burned hard. As the incentive to attack those chains increases, you can be sure that people are going to start trying.
It amuses me when maximalists confuse an 'ought' (or 'can') with an 'is'. The reality is that businesses are obliviously just getting on and using non-bitcoin blockchains (= alts) for all kinds of things without any regard to those arguments.
May 19, 2017, 09:58:39 AM
An early but very good morning Bitcoinland.
Another day, another ATH... currently $1954USD/$2650CAD (Bitcoinaverage).
It also just reached $1955USD at Stamp.
With a little luck we might see $2000 before the weekend's over. That would certainly be a milestone.
For all those who are acting like we're already there, I'd like to remind you that Bitfinex doesn't count. Their prices are exaggerated by their fiat transfer problems and basically mean nothing. You may as well go by Local Bitcoins or some Brazilian exchange.
None of the actual Bitcoin price indexes are anywhere close to $2000 yet.
Another day, another ATH... currently $1954USD/$2650CAD (Bitcoinaverage).
It also just reached $1955USD at Stamp.
With a little luck we might see $2000 before the weekend's over. That would certainly be a milestone.
For all those who are acting like we're already there, I'd like to remind you that Bitfinex doesn't count. Their prices are exaggerated by their fiat transfer problems and basically mean nothing. You may as well go by Local Bitcoins or some Brazilian exchange.
None of the actual Bitcoin price indexes are anywhere close to $2000 yet.
Your screen name should have been JimboTheWise
May 19, 2017, 09:52:12 AM
An early but very good morning Bitcoinland.
Another day, another ATH... currently $1954USD/$2650CAD (Bitcoinaverage).
It also just reached $1955USD at Stamp.
With a little luck we might see $2000 before the weekend's over. That would certainly be a milestone.
For all those who are acting like we're already there, I'd like to remind you that Bitfinex doesn't count. Their prices are exaggerated by their fiat transfer problems and basically mean nothing. You may as well go by Local Bitcoins or some Brazilian exchange.
None of the actual Bitcoin price indexes are anywhere close to $2000 yet.
Another day, another ATH... currently $1954USD/$2650CAD (Bitcoinaverage).
It also just reached $1955USD at Stamp.
With a little luck we might see $2000 before the weekend's over. That would certainly be a milestone.
For all those who are acting like we're already there, I'd like to remind you that Bitfinex doesn't count. Their prices are exaggerated by their fiat transfer problems and basically mean nothing. You may as well go by Local Bitcoins or some Brazilian exchange.
None of the actual Bitcoin price indexes are anywhere close to $2000 yet.
May 19, 2017, 09:20:43 AM
We went through 1948 on Stamp.... can't wait for 1984.
May 19, 2017, 09:01:40 AM
BOUM!
Well guys that's a little bit of an event here.
Sorry but I'm a bit moved. Wouldn't think we would reach this level when I bought my btc at 400$
Well guys that's a little bit of an event here.
Sorry but I'm a bit moved. Wouldn't think we would reach this level when I bought my btc at 400$
May 19, 2017, 08:55:25 AM
are you tired of winning yet?
winning ?
we only start now ...
3200 USD at the end of this year.
Sure.
More if SegWit switch ...
May 19, 2017, 08:53:55 AM
interesting is the ALTS system can be a waiting list to buy bitcoins ... 
May 19, 2017, 08:01:45 AM
Regarding TX fees, is it really such a huge problem? It's barely used as a currency as of now.
There are scaling solutions obviously so in the future, it's not a worry.
There are scaling solutions obviously so in the future, it's not a worry.
People see Bitcoin more as a store of value, for them higher fee's is not a major problem. Of course that needs to be fixed for lower tx.
Store of value is all that matters for the forseeable future. Bitcoin will not be replaced in our lifetime. If Bitcoin does not "succeed" then you can be sure that no other chain will replace it, the concept of crypto currency will have failed. The best that any alt coin can hope for is to fill a specific niche.
Sorry to rain on you but have to disagree, this is bitcoin/blockchain and things move quickly, if Bitcoin doesn't develop and evolve and add utility to its bag of tricks it will be replaced just like any other organism or technology. Bitcoin % of market cap is below 50% and the trend is one way at the moment. How much importance will people place on Bitcoin as a store of value when it's <30%, <20%, <10%? The money goes through Bitcoin to other crypto at the moment, but the bulk of new money is going to other coins right now because they have the usecase propositions not Bitcoin. One upside is that the big gainer of the last few days is cripple, and that tells us that the people investing don't understand the difference between a distributed and a decentralised ledger and still think a walled garden is a viable proposition on the internet.
Bitcoin is battle-tested. No other coin even comes close to the security Bitcoin provides. The problems Bitcoin is currently facing would be just the same for any other coin. Bitcoin's slow (and cautious) progress is a feature, not a bug. The current financial system cannot, and should not, be replaced quickly. And ultimately, anything that most alts can do, will be possible on the Bitcoin blockchain via Lightning, Rootstock, Sidechains, etc.
I wish no bad luck on anyone, but I worry that those people throwing money at alt coins are going to get burned hard. As the incentive to attack those chains increases, you can be sure that people are going to start trying.
May 19, 2017, 07:56:47 AM
1920$ at preev & I wouldn't call this a "natural growth" I mean c'mon we've been around long enough to see what organic really means (a couple of bucks maybe 10$ per day) but that's something else.
Some have been around long enough to know that applying linear rules isn't very wise.
It feels pretty organic to me. I'm seeing a lot of currency wars happening. The US dollar seems to be losing value or weakening. Just as Trump wants it! But it might spiral out of control at this rate.
May 19, 2017, 07:38:26 AM
Regarding TX fees, is it really such a huge problem? It's barely used as a currency as of now.
There are scaling solutions obviously so in the future, it's not a worry.
There are scaling solutions obviously so in the future, it's not a worry.
People see Bitcoin more as a store of value, for them higher fee's is not a major problem. Of course that needs to be fixed for lower tx.
Store of value is all that matters for the forseeable future. Bitcoin will not be replaced in our lifetime. If Bitcoin does not "succeed" then you can be sure that no other chain will replace it, the concept of crypto currency will have failed. The best that any alt coin can hope for is to fill a specific niche.
Sorry to rain on you but have to disagree, this is bitcoin/blockchain and things move quickly, if Bitcoin doesn't develop and evolve and add utility to its bag of tricks it will be replaced just like any other organism or technology. Bitcoin % of market cap is below 50% and the trend is one way at the moment. How much importance will people place on Bitcoin as a store of value when it's <30%, <20%, <10%? The money goes through Bitcoin to other crypto at the moment, but the bulk of new money is going to other coins right now because they have the usecase propositions not Bitcoin. One upside is that the big gainer of the last few days is cripple, and that tells us that the people investing don't understand the difference between a distributed and a decentralised ledger and still think a walled garden is a viable proposition on the internet.
You might be right, however other coins or plattforms still need to show that they can adapt better than bitcoin and their devs make the right decisions in critical situations. Remember DAO? So I would say Bitcoin is still in a good spot.
May 19, 2017, 07:29:21 AM
are you tired of winning yet?
May 19, 2017, 07:14:54 AM
Nice little 3k wall on Finex now .. I had almost forgotten what they looked like.
It's getting harder and harder to trade the dips. A $50 dip is just 2.5% now. I miss the 500s.
It's getting harder and harder to trade the dips. A $50 dip is just 2.5% now. I miss the 500s.
Jump to: