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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 18962. (Read 26609319 times)

legendary
Activity: 1133
Merit: 1163
Imposition of ORder = Escalation of Chaos
Today, 24 hours ago, 7 days ago and one month ago, the price of one Bitcoin has been the same: 420USD
member
Activity: 234
Merit: 46
If I were a market maker and want to accumulate more btc before the inevitable halving and 'consensus' price rise, I would definitely:

0. Accumulate on the almost forgotten alt coin market
1. Spread FUD so people sell their btc, btc price drops
2. Pump altcoins. People sell their btc in the chase, btc price drops further (<--- we are here)
3. Dump expensive altcoins for cheap bitcoins.
4. Let the bitcoin bubble occur because of 'consensus' and halving
5. People sell cheap altcoins for chasing expensive bitcoins
5. Sell expensive bitcoins for cheap altcoins
6. Spread FUD
7. Rinse, repeat.

IMHO I would say we are approaching point 4 on your listing.
legendary
Activity: 1638
Merit: 1001
₪``Campaign Manager´´₪
* yefi prods Bitcoin with a stick
Looks like you are going to need a bigger stick, or give it some more time to wake up...
legendary
Activity: 2842
Merit: 1511
* yefi prods Bitcoin with a stick
full member
Activity: 126
Merit: 100
legendary
Activity: 1638
Merit: 1001
₪``Campaign Manager´´₪
Saw this link on /r/bitcoin, interesting stuff.

http://meaningness.com/metablog/geeks-mops-sociopaths

Completely irrelevent for Bitcoin though, since the entire purpose of a currency is to become a monopoly, a consensus mechanism for exchange.  The less of a monopoly it has, the less useful it is.  Your link argues popularity weakens the idea, so the article is inverse to how Bitcoin actually works.  Don't try and conflate grunge music and economics.  People like money to be as boring and predictable as possible, not "cool".  Just like when you open your refrigerator, you don't want to have to guess what's edible or not.  That's definitely not cool.

I agree, but it definitely has some relevance to the 'hipster' vibe surrounding 'blockchain technology' in finance (in as much as they can be hipster) and the same in fintech, VC funded start-ups surrounding bitcoin.
Yeah, the fact that bitcoin is an economic thing with utility and economic incentives attached make this a different beast than the coolness of a subculture, but it is funny to see that a lot of the social dynamics are similar.
legendary
Activity: 4200
Merit: 4887
You're never too old to think young.
 Smiley Sunshine and roses.  Smiley

Actually it's supposed to snow here today. Thank gawd for the SkyDome.
full member
Activity: 126
Merit: 100

In $$$, sure. Amazing rallyage in ethers tho!

 Ethereum (ETH)  $8.11 (-16.05 %)

I do believe this is the BTC/USD price tracking thread.

Oy vey. Try to put a positive spin on this slo-mo train wreck, and still he kvetches!
legendary
Activity: 1106
Merit: 1007
Hide your women
The HK CRTA said specifically that we were supposed to get SegWit this month. Where the hell is it? What will happen to the price if it is delayed?

Blocks are full. We need relief now! The TA is suggesting that we could have a huge rally if the network was able to handle the extra traffic.

Now we see your true motivation ... Short term profits instead of concerns for the security or testing within segwit.

...

Segwit will likely be deployed later this month or early may. You have to understand that Core developers care more about testing and security than your short term price rallies.


Oh spare me the sanctimony.  Core devs had YEARS to come up with a scaling solution and it took an implicit threat from miners to get them to do the bare minimum and even now, they are not going to have it ready when they agreed to have it ready.  This isn't being cautious. This is obstructionism. 

You can't credibly claim that they are doing everything possible to get it up and running in a timely manner consistent with security and quality goals and still claim they don't need to rush.  Core is either incompetent and cannot do what users require or they are dishonest and dragging their heels.  Either way, they are not meeting the network's needs. 

I do not accept that it is simply impossible for Bitcoin to scale safe and securely. It may be impossible with current governance, but all that means it we need to change governance.  This kind of shit didn't happen when Gavin was in charge.

It's not about short term profits. It's about having confidence that the network's needs will be met. It's not reassuring when the people responsible for meeting those needs don't even have the will to do it to say nothing of the ability.
legendary
Activity: 4200
Merit: 4887
You're never too old to think young.

In $$$, sure. Amazing rallyage in ethers tho!

 Ethereum (ETH)  $8.11 (-16.05 %)

I do believe this is the BTC/USD price tracking thread.
full member
Activity: 126
Merit: 100

In $$$, sure. Amazing rallyage in ethers tho!

 Ethereum (ETH)  $8.11 (-16.05 %)
legendary
Activity: 4200
Merit: 4887
You're never too old to think young.
Pump ....

Sideways...   Cheesy

Woke up to use the can and looked in just in time to see the small move back over $420. Right where we seem to want to be.

It's enough to make you chronic.
hv_
legendary
Activity: 2534
Merit: 1055
Clean Code and Scale
legendary
Activity: 1442
Merit: 1016
It could be that we arrived at step #3, let's see how this plays out:

If I were a market maker and want to accumulate more btc before the inevitable halving and 'consensus' price rise, I would definitely:

0. Accumulate on the almost forgotten alt coin market
1. Spread FUD so people sell their btc, btc price drops
2. Pump altcoins. People sell their btc in the chase, btc price drops further (<--- we are here)
3. Dump expensive altcoins for cheap bitcoins.
4. Let the bitcoin bubble occur because of 'consensus' and halving
5. People sell cheap altcoins for chasing expensive bitcoins
5. Sell expensive bitcoins for cheap altcoins
6. Spread FUD
7. Rinse, repeat.

I'm not sure about stage 2 as we already see altcoins getting dumped.Just look what is happening the last few days.
The only thing which doesn't seem to work is to push BTC price down.But it is also not going up.We are stable around 420 for some good while now.So it seems the altcoin dumpers are moving into fiat.
hero member
Activity: 674
Merit: 500
It could be that we arrived at step #3, let's see how this plays out:

It could be that you're an idiot.
legendary
Activity: 1260
Merit: 1000
World Class Cryptonaire
It could be that we arrived at step #3, let's see how this plays out:

If I were a market maker and want to accumulate more btc before the inevitable halving and 'consensus' price rise, I would definitely:

0. Accumulate on the almost forgotten alt coin market
1. Spread FUD so people sell their btc, btc price drops
2. Pump altcoins. People sell their btc in the chase, btc price drops further (<--- we are here)
3. Dump expensive altcoins for cheap bitcoins.
4. Let the bitcoin bubble occur because of 'consensus' and halving
5. People sell cheap altcoins for chasing expensive bitcoins
5. Sell expensive bitcoins for cheap altcoins
6. Spread FUD
7. Rinse, repeat.

Interesting hypothesis, I will be following.
legendary
Activity: 2242
Merit: 3523
Flippin' burgers since 1163.
It could be that we arrived at step #3, let's see how this plays out:

If I were a market maker and want to accumulate more btc before the inevitable halving and 'consensus' price rise, I would definitely:

0. Accumulate on the almost forgotten alt coin market
1. Spread FUD so people sell their btc, btc price drops
2. Pump altcoins. People sell their btc in the chase, btc price drops further (<--- we are here)
3. Dump expensive altcoins for cheap bitcoins.
4. Let the bitcoin bubble occur because of 'consensus' and halving
5. People sell cheap altcoins for chasing expensive bitcoins
5. Sell expensive bitcoins for cheap altcoins
6. Spread FUD
7. Rinse, repeat.
hero member
Activity: 674
Merit: 500
Put on your space boots, put on your space boots, what else should we take to the moon?

https://www.youtube.com/watch?v=tQowneABz9M&feature=youtu.be&t=17

LEL every time the price rises $10 or so I watch this video, never fucking fails, man!

I cum a little in my pants a little when i hear the british girls accent too.  I bet she shaves her pussy nice and she'd sound real nice with me giving it to her.

IMG]http://i64.tinypic.com/1zch7gk.png[/img]




Fuck's this faggot hatin' on?

My moon video?  My posts?  Either way, this poster should be considered to be hook-nosed fellow

legendary
Activity: 2310
Merit: 1422
We are not going anywhere since quite a while now. Boring trading sessions.
Where's the fun? Chinese traders are sleeping.
Pump some Yuan into the game come on..  Grin
hero member
Activity: 674
Merit: 500
Watching The Good, The Bad, and The Ugly now

You mad, nu-male cucks? 

This isn't a movie a nu-cuck would enjoy.  What time is Tyrone due to arrive at your house and fuck your wife, reddit cuck?


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