Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 17540. (Read 26713597 times)

Sooo...everybody is invited to dump their bitcoins... I better place my bids looow!

Made me smile lol. How many warnings do you folks need to hear that a huge dip is incoming? They are even sending mails about this super dip lol

I had a similar email from another exchange in the last 24 hours. So I guess it may have triggered some the sales. I hope that by now we have lost all those faint of heart.

Nobody in their right mind should hold their bitcoins with Crcle in the first place.

Just arrived this from Circle to my email:

Potential Bitcoin Changes
We wanted to provide you with some important information regarding potential changes to Bitcoin that could significantly impact bitcoin held in your Circle Account.

As described in our User Agreement, “Bitcoin is a decentralized currency that operates on open source software protocols which can be used, modified or adapted by anyone... As a result of the decentralized nature of Bitcoin it is possible that sudden, unexpected or controversial changes (“forks”) can be made to Bitcoin.”

Based on recent developments in the Bitcoin ecosystem, it now seems likely that one or more forks of Bitcoin may occur in the near future. Any fork of Bitcoin may have a significant impact on the value of bitcoin and your ability to access the bitcoin you hold with Circle.

What should I do?
The only way to avoid the potential negative consequences of a Bitcoin fork is to not hold bitcoin. Just go to Settings > Currency and convert your balance to dollars, pounds or euro (availability is based on where you live). You’ll then be able to hold those funds with Circle or cash out instantly.


Have more inside on this email but i only copied the 2 paragraphs, but can you understand the impact of this to the people ? This can be the reason of  today's dump ?

This chart is so.. wrong because you can favour it in your opinion of what the bubble is. Is the the bubble from 900$ to 1300$ or 1100$ to 1300 or 800 to 1300$. And was this chart not the scenario of 2013 or 2017? Questions.. 

I would say that we experienced a mini-bubble over the past few months and we are now climbing out of the mini despair phase. Back to the mean.

1300

Most people who have been around for a while know that this thread has absolutely zero impact on the price. I think some of us thought it did in the early (<$10) days but it is no longer the case.

The few whales that frequent this thread are either long term hodlers, or play a hold/loan on bitfinex strategy.

You can let fly your trading strategy here all you want. Nobody will change their buys or sells based on any posts in this thread other than the occasional quick turnaround on news dissemination here due to everyone having an interest in the bitcoin price and things that affect it.

Do you play poker with your cards in full view of your oponenent too?

No it is brexit related and soon after that Invernexit http://www.dw.com/en/scotland-to-seek-approval-for-new-independence-vote/a-37916318
then after that Dubexit http://www.dw.com/en/sinn-fein-leader-urges-northern-ireland-referendum-on-uk-exit/a-37922493

The after effect: http://www.telegraph.co.uk/news/0/how-would-brexit-affect-northern-ireland-and-scotland/

But it all comes down to money. So yes it will effect bitcoin one way or another.
You remember when the UK pound went down last year after brexit talks? That affected the price and I remember it quite clearly.
I lost $180 just on the exchange rate of pounds sterling compared to the USD exchange rate for the BTC I wanted to buy going tits up.
So everything is interconnected when it comes to money! Whether it be fiat /crypto currency.

We should have a 'swear box' for that kind of mistake. 1 BTC fine.

No doubt, if he's alive, it will turn out he'll claim to be anti-Brexit or something, like the (pro-Brexit) lunatic who killed Jo Cox.

Ill be tuning in at eleven for breaking news.... 

Well, Dean did preface that with "there is a way to:...". Will Dean illuminate us with the way to eliminate the miners altogether?

Stay tuned for news at eleven.

We will still need miners in order to process transaction even after the last coin is mined. Do we not? 

For the ignorant to currencies
The sooner everyone in the globe understand the history and what money ( refering to FIAT currency https://www.youtube.com/playlist?list=FL1TfOuBR6QgM-GGBVfFK4Yg ) is really all about and who really control the money supply and the whole banking cartel ponzi scheme then everybody will start understand that all FIAT currencies will get to ZERO (worth nothing, historically 100% fail rate) what is the alternative? GOLD? SILVER? Commodities? maybe for a store of value but not practical for the electronic age of commerce.

Crypto currency is the perfect answer for the 99% to be paid in, buy with and use as a medium of exchange and investments. But you have to understand that the 1% have used the secrets of Fiat currencies for ages and they will not give that holy grail up without a fight. Would you if you could just print your own money but no one else can?

Crypto currency is huge compitition to FIAT currencies and the 1% will do anything to try and discredit crypto currencies.
1. The bankers will pay trolls in forums to keep saying bad things about crypto currency "Crypto is dead" "Will go to 0"...
2. Use their fake main stream media to bash it and make out as a dangerous financial instrument.
3. Use red flag attacks. They will hack their own account and "steal" their own coins to show insecurity (Yet they can't steal or hack it if you have a really long password like a centenc, double authentication or cold storage.
4. Or they might even try and buy up all the available Bitcoins. Don't sell, buy to use for goods & services, salaries or to retain. They also know if they trade all their FIAT for Bitcoins or other cryptos the miners and the rest who owned BTC's sit with the FIAT currency and will exchange it for real assets like Gold Silver & other valubles. They would not want to sit with all the Bitcoins and no real assets and they also don't want the 99% to own the Bitcoins because then FIAT RIP ( wich will happen anyway). They also know because Bitcoin has a MIT licence anyone can use it over and over. So Bitcoin 2.0 will start and the Banking cartel have the same problem all over again and then again.
5. The bankers are no fools when it comes to currencies. If they going to run the currency down they will tell you to buy and they good at it and vice versa. In Forex they know where all the stop losses are and they hunt them all day long up untill a wall (impossible resistance) then down (untill the wall) then up then down. Unlike forex they don't have access to a centralised pool so it is more dificult to guage the end goal.

With regards to chinese miners wanting to control the mining space and in effect centralised the Bitcoin space is also not a issue because there is a way to:
1. Illiminate miners all together after all Bitcoin are mined. I know, this will upset the applecart in a big way.
2. No matter how many users of a crypto currency, the transaction time will always be as fast as sending a message or email from on person to another anywhere in the world.
3. It is truly decentralised and cannot be centralised. All 21 million are spread all over the world on the IOT.
4. Totally P2P.
5. The only cost to transfer 1 to a trillion dollars + would be the electricity it use to send it from P2P and who will charge if they are charge in return next time?
6. The transaction between P2P is totally incrypted so only the parties who transact know anything about it.
7. It is true crypto cash.
8. When full addoption takes place blockchain will be mostly irrelevant.
This system is not yet in existance because the people who know of it fear theft of the idea and by the cartel and like all things they patent and destroy.

So crypto currency is very far from over (don't listen to the fear mongers they want to scoop your crypto currency up for a song and you will be forced to buy it back at a premium later. Buy and keep your Bitcoin use alt cryptos for everyday buy and sell or the Bitcoin unlimited???  ) it has only begun the true power of it has not been realised yet.

Well it's been up and down so much it's making me seasick.  More of the same?

Good afternoon BitcoinLand,

How do you see price? cheap Bitcoins before some hours right? As we speak we go up at 955euro / BTC. how do you see the short term price? up or down?

Nutter with a sword shot by police.  That is all.  
Nutters in England have fewer guns than in other countries, fortunately.

EDIT: Fewer, not less.  Unforgivable

I hear you man - the 'mentally ill and hopelessly radicalized' are usually so judicious in their actions...