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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 19156. (Read 26608186 times)

legendary
Activity: 1554
Merit: 1014
Make Bitcoin glow with ENIAC

Can't move coins to pump.

Can't move coins to dump.

Can't use the frecker.

Bullish?
full member
Activity: 126
Merit: 100


Good morning, fellow scions of the Great Scrooge McDuck fortune!
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 3920
Merit: 11299
Self-Custody is a right. Say no to"Non-custodial"
Decent price swings in lame volume... theories?

China Pumps, China Dumps...

Yeah, but overall, China doesn't drive the price swings in bitcoin.  I thought that we already realized that.

Yes, of course, China is a factor, but they are not the overall price driver.
legendary
Activity: 1428
Merit: 1000
Decent price swings in lame volume... theories?

China Pumps, China Dumps...
legendary
Activity: 3920
Merit: 11299
Self-Custody is a right. Say no to"Non-custodial"
Decent price swings in lame volume... theories?

Yes, volume is lame, and that shows us that there is no real battle going on.. and the price is being moved around with a relatively low amount of capital.

It is not unique to me to believe that with low volume and lacking in value, it remains fairly easier to push down rather than up.. but we have largely been getting the opposite upwardly price movements.

More justification to prepare for both ways... . and we will see if at some point, whether up or down, we are going to witness a change of volume in order to assure us that an actual price battle has been engaged.

legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 981
Merit: 1005
No maps for these territories
Decent price swings in lame volume... theories?
legendary
Activity: 1344
Merit: 1251



Glad to see some blocks not full. As long as some blocks are not totally full it means new tx can go through right? no transaction can be left unconfirmed if there is still place in a block?

It doesn't matter if blocks are full, because they are full of practically zero cost txs, in terms of fees.

What matters is whether a user can transact - and this is definitely the case, if a user includes a fee like 0.01$ (longer confirmation times) to 0.03 0.05$ (very short confirmation times).

Have you noticed that the mempool tends to bloat up massively whenever the price moves $10-$15?

Spam? Dust? Or people desperately trying to move coins to make a trade?

Yeah I was doing exactly like this before.

Now I no longer trade and just try to make guesses without actually trading. Too much desperate illogical stupid moves to win 1$...
8up
hero member
Activity: 618
Merit: 500
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 1554
Merit: 1014
Make Bitcoin glow with ENIAC


No can do.

They're rationing fuel.


Glad to see some blocks not full. As long as some blocks are not totally full it means new tx can go through right? no transaction can be left unconfirmed if there is still place in a block?

It doesn't matter if blocks are full, because they are full of practically zero cost txs, in terms of fees.

What matters is whether a user can transact - and this is definitely the case, if a user includes a fee like 0.01$ (longer confirmation times) to 0.03 0.05$ (very short confirmation times).

Have you noticed that the mempool tends to bloat up massively whenever the price moves $10-$15?

Spam? Dust? Or people desperately trying to move coins to make a trade?
hero member
Activity: 854
Merit: 503
Legendary trader
legendary
Activity: 1708
Merit: 1049

Glad to see some blocks not full. As long as some blocks are not totally full it means new tx can go through right? no transaction can be left unconfirmed if there is still place in a block?

It doesn't matter if blocks are full, because they are full of practically zero cost txs, in terms of fees.

What matters is whether a user can transact - and this is definitely the case, if a user includes a fee like 0.01$ (longer confirmation times) to 0.03 0.05$ (very short confirmation times).
legendary
Activity: 1344
Merit: 1251

Glad to see some blocks not full. As long as some blocks are not totally full it means new tx can go through right? no transaction can be left unconfirmed if there is still place in a block?
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
hero member
Activity: 826
Merit: 500
Join @Bountycloud for the best bounties!
Seems like the 10 last blocks were all over 90% full :p
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 4018
Merit: 1250
Owner at AltQuick.com
Opened a few shorts and off to bed.

Might be a shit show if there is a dip going into Monday.

Should have a nice buy back in the low $430s. (OKCoin futures)

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