Altcoins just keep rising smh
another big drama is circling bitcoin like last year and they are using this to their own advantage. in fact that is how Ether rose to the moon the first big pump! and they (ether and others) are doing it again...
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 17608. (Read 26712962 times)
March 15, 2017, 12:01:34 PM
another big drama is circling bitcoin like last year and they are using this to their own advantage. in fact that is how Ether rose to the moon the first big pump! and they (ether and others) are doing it again...
March 15, 2017, 11:52:45 AM
Funny, over the years I've observed a pretty repeatable pattern with alt coins:
1) What always precedes an altcoin's parabolic rise is delusion and hubris
2) What always follows it is:
- a mega crash, usually caused by a hack, serious flaw, unknown bug, insider theft, etc.
- a community left in shock, disbelief
- finally acceptance
- and then an excruciatingly slow decent into eventual quiet irrelevance
1) What always precedes an altcoin's parabolic rise is delusion and hubris
2) What always follows it is:
- a mega crash, usually caused by a hack, serious flaw, unknown bug, insider theft, etc.
- a community left in shock, disbelief
- finally acceptance
- and then an excruciatingly slow decent into eventual quiet irrelevance
Hmm. I think it's a constantly changing thing. The first alt bubble in 2013 really was a shit show. I'm not sure there's a single coin from back then that ever recovered.
The current crop are a bit more resilient. It's getting to a point where if you just sit there you'll eventually get your money back. I think that's all down to Poloniex really rather than any 'fundamentals'.
The appetite for bonkers gains from alts is bottomless. Bitcoin needs to progress beyond the level it's at now to differentiate itself enough. The ETF would've done it. I think that's the cause for the alt pump.
March 15, 2017, 11:29:17 AM
Altcoins just keep rising smh
Funny, over the years I've observed a pretty repeatable pattern with alt coins:
1) What always precedes an altcoin's parabolic rise is delusion and hubris
2) What always follows it is:
- a mega crash, usually caused by a hack, serious flaw, unknown bug, insider theft, etc.
- a community left in shock, disbelief
- finally acceptance
- and then an excruciatingly slow decent into eventual quiet irrelevance
March 15, 2017, 11:09:48 AM
Writing the new financial history. Correcting old trader manuals:
Martin Zweig once said that you should never fight theFed Bitcoin. That is, never bet against a determined Central Bank Enslaved Crowd. If we’ve learned anything over the last 7 8 years it’s that Zweig’s comment is a lot more right wrong than wrong right.
Martin Zweig once said that you should never fight the
March 15, 2017, 11:09:15 AM
Altcoins just keep rising smh
March 15, 2017, 10:42:26 AM
Its atechnical issue, i use cryptowatch to analyse the volume and price etc and cryptowatch just crashed i think.
March 15, 2017, 10:37:30 AM
Blessed are those who can read...
Edit: The "Neueröffnung" does indeed look very German though.
I always envy the German ingenuity for their grammar correction.
volume : 0 for the last 10 minutes 
Never saw this before
Never saw this before It is very stagnant right now with nothing happening. I think the Chinese exchanges are at a stand still right now.
So nothing is happening to cause anything to make it drop or rise.
March 15, 2017, 10:35:39 AM
Wolf of Wallstreet is a good movie, quite funny. Great storyline.
March 15, 2017, 10:34:33 AM
Good morning Bitcoinland.
Yet another day of creeping gently upward... currently $1257USD (Bitcoinaverage).
This will never get boring for those of us who are more interested in Bitcoin than in merely trading.
It's hard not to notice that those who seem to be permabulls and advocate holding tend to be members of long standing, sometimes with sizeable holdings, while those constantly posting TA charts and advocating frequent buying and selling tend to be noobs, often with negligible holdings.
To me it seems that the former are more interested in Bitcoin, while the latter are more interested in trading.
I suppose some day I should download and watch "Wolf of Wall Street" just to see what all the references are about. I recommend that perhaps the traders should watch "The Rise and Rise of Bitcoin".
Yet another day of creeping gently upward... currently $1257USD (Bitcoinaverage).
This will never get boring for those of us who are more interested in Bitcoin than in merely trading.
It's hard not to notice that those who seem to be permabulls and advocate holding tend to be members of long standing, sometimes with sizeable holdings, while those constantly posting TA charts and advocating frequent buying and selling tend to be noobs, often with negligible holdings.
To me it seems that the former are more interested in Bitcoin, while the latter are more interested in trading.
I suppose some day I should download and watch "Wolf of Wall Street" just to see what all the references are about. I recommend that perhaps the traders should watch "The Rise and Rise of Bitcoin".
I, like others, look forward to your posts like these, thank you!
Haven't seen Wolf of Wall Street myself, but I have already seen "The Big Short". Everyone who reads or posts here should see that at least once, totally relevant, in fact, I think that someone here already said this, and that's why I watched it lol
March 15, 2017, 10:32:49 AM
volume : 0 for the last 10 minutes Never saw this before
Never saw this before March 15, 2017, 10:21:40 AM
Why are all BUcoiners so eager to cripple Bitcoin? Didn't they learn anything from XT and Classic scams? Don't short Bitcoin! Period!
March 15, 2017, 10:14:30 AM
I have a feeling that we are in a bull trap phase 
Does your "feeling" come from the fact that you sold your bitcoins in the lower $1200s?
Sorry for your loss.
You may be able to buy some "cheap coins" now, before you get left behind any further.
In other words, we are continuing to experience a lot of buying support and a lot of continued upwards price pressures.
The source of such upwards BTC price pressures remains unclear, but it seems a bit widespread and maybe even "organic"... hahahahahaha..
GREAT!!!!!
Bitcoin is in a great place with a 20 day streak of ATH daily weighted average prices - and we have to break below $1,132 before the streak of ATHs stop... .. Quite amazing place to be for bitcoin!!!!
80% of people here are PERMABULLS and do just 1 thing, they post "HODL", "sorry for your loss, get cheap coins" or "up, up, bulls!". What is the purpose of such posts? When you have nothing to support your theory why you even write?
Well, if you view 80% of posters here as delusional, then you might be missing some interesting, relevant and material facts about bitcoin, no?
If you are attempting to look at bitcoin as if it were a mature industry,then you are missing something.
Have you ever heard of s curve adoption phases, networking effects and concepts like that?
Have you ever heard about paradigm shifting technologies, such as bitcoin, that is unparralleled in the world - and that is a secure decentralized immutable form of value storage and transfer. Currently, there are no other systems in the world that even come close to approaching bitcoin in that regards.
Sure, we could experience some additional downwards correction and downwards price movements, but the reality of the matter seems to be that there continue to be ongoing upwards price pressures based on the some of the concepts that I describe above.
You can consider that as delusional or out of touch with reality all that you want, but that is likely your own delusion rather than those folks who you are characterizing as 80% of this thread.
Good luck to you with your pessimistic view and your overselling and insufficient buying of bitcoin.. hahahahahhaha
March 15, 2017, 10:10:25 AM
First of you loudmouths harping about 'crappy BU code' who can actually exploit this so-called weakness is welcome to my stacks.
I have no idea what your jurisdiction is, but aren't you encouraging someone to break the law here? Which... again depending on your jurisdiction, may also be illegal.
My (admittedly drunkenly-expressed) point is... in the grand scope of things, this bug was inconsequential. The only thing at risk was connectivity. Yeah, it was an issue. Now its over. We move on. So what?
You're right, now it's over and we move on.... to SegWit.
March 15, 2017, 09:54:26 AM
First of you loudmouths harping about 'crappy BU code' who can actually exploit this so-called weakness is welcome to my stacks.
I have no idea what your jurisdiction is, but aren't you encouraging someone to break the law here? Which... again depending on your jurisdiction, may also be illegal.
My (admittedly drunkenly-expressed) point is... in the grand scope of things, this bug was inconsequential. The only thing at risk was connectivity. Yeah, it was an issue. Now its over. We move on. So what?
March 15, 2017, 09:38:36 AM
Good morning Bitcoinland.
Yet another day of creeping gently upward... currently $1257USD (Bitcoinaverage).
This will never get boring for those of us who are more interested in Bitcoin than in merely trading.
It's hard not to notice that those who seem to be permabulls and advocate holding tend to be members of long standing, sometimes with sizeable holdings, while those constantly posting TA charts and advocating frequent buying and selling tend to be noobs, often with negligible holdings.
To me it seems that the former are more interested in Bitcoin, while the latter are more interested in trading.
I suppose some day I should download and watch "Wolf of Wall Street" just to see what all the references are about. I recommend that perhaps the traders should watch "The Rise and Rise of Bitcoin".
Yet another day of creeping gently upward... currently $1257USD (Bitcoinaverage).
This will never get boring for those of us who are more interested in Bitcoin than in merely trading.
It's hard not to notice that those who seem to be permabulls and advocate holding tend to be members of long standing, sometimes with sizeable holdings, while those constantly posting TA charts and advocating frequent buying and selling tend to be noobs, often with negligible holdings.
To me it seems that the former are more interested in Bitcoin, while the latter are more interested in trading.
I suppose some day I should download and watch "Wolf of Wall Street" just to see what all the references are about. I recommend that perhaps the traders should watch "The Rise and Rise of Bitcoin".
March 15, 2017, 09:30:02 AM
No permabulls werent right. They say HODL all the time. That makes them lose much money, because if they start looking at charts and analyze them they will see good moments for selling and buying coins for cheaper.
Permabulls are right. You are not. You fail to see the difference between losing money and making more money than you do.
Plus the risk of really losing when trying to make more. ^^
March 15, 2017, 09:26:08 AM
Blessed are those who can read...
Edit: The "Neueröffnung" does indeed look very German though.
March 15, 2017, 09:09:12 AM
March 15, 2017, 09:02:12 AM
March 15, 2017, 08:30:27 AM
Yeah, it sucks losing money as HODLer these last few years. Really sucks.
If I keep up this rate of losing, I'll only retire by 2020.
If I keep up this rate of losing, I'll only retire by 2020.
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