Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 19403. (Read 26609788 times)

Still no price rally that we've been waiting for bitcoin. We need whales now to invest further into bitcoin or else it will still be at this price few weeks away from halving.

We all know how this story ends: the stupid selfish bitch (gavin) not caring about the baby cut in half gets nothing but cryptoshame.

I have an idea!

^^^Yes, but...
Thou art wearied in the multitude of thy counsels. Let now the astrologers, the stargazers, the monthly prognosticators, stand up, and save thee from these things that shall come upon thee.

It is only because of politics that people will not like Classic.

Classic is just Core with at 2mb block size limit.

As long as that statement is true I will support it. I supported XT also until Hearn added blacklisting code to it.

Core with at 2mb instead of 1mb limit is a good idea. That's just math/logic. Not politics.

I will be sure to upgrade my node (yes, I still actually run a full node) when it is fully released (as long as there are no other changes snuck in!).

Volume is kind of zombie. Anybody care of speculate when there will be some action? It seems there is a big triangle closing on 14 feb. Just for pure intuition based on nothing more I would say a dump is coming sometime before St Valentines

You know when an army is truly defeated? Not when its frontline Shtrafbats get slaughtered, that sort of thing's to be expected, plenty more grist where that came from; a battle is not the war.

But when the generals turn on each other and start slapfighting. With spittle, potty words and hair-pulling!
Ain't no recovering from that...

Coin



Explanation

What you said doesn't negate what I said. It reinforces it.

No its because I want bitcoin development lead by people who:

 value decetralisation, provide features like confidential transactions etc.

as opposed to people who:

visit cia, join organisations that want to work with government to police bitcoin, float ideas like blacklists of transactions, and do not care about ordinary node users etc.


I don't want bitcoin to be crippled by these people into paypal 2.0 (except slower)

It's precisely because Bitcoin Classic isn't an alt they all go mental.

Coin



Explanation

Why unfortunately? Isn't it always good to have different possibilities? you never know what might happen

I personnally support all the coins! Classic, Core, Litecoin...

I admire your willingness to stick the script after being so thoroughly undressed and smacked down in this thread. Kudos.

Unfortunately classic is not quite dead yet.

When it is and the threat of chaotic, contentious and unnecessary (segwit is superior) hard fork is over, we can all look forward to a massive price increase (like move from 230->450 after xt collapse) and bitcoin moving forward.

These bombing runs from Gavin and coinbase are getting tiring.

I doubt they will be able to centralise bitcoin development under their control.

No, it doesn't.

Are you afraid?

Coin



Explanation

It's a Beta 2 release with binaries but still without mining support. So, no. It's not released yet.

Coin



Explanation

Have you heard of Chinese New Years.? have you heard of bitcoin scaling FUD?  Have you heard of consolidation?



Towards the end of last week (Friday, I think that it was), I was quite nervous that BTC prices were going to retest $350..

To me it seemed that the downward price movement of about $10 was fairly rapid and on fairly low volume.


Even though currently, the price seems to be trending towards the upward end of the current volatility range, somewhat on low volume, surely, such retest of $350 could still happen within the next few days (because the price is quite closely within striking distance of such a potential retest).

On the other hand, such a retest is not inevitable, so it seems best to prepare your BTC portfolio for price movements in either direction.

I don't really buy into some of the assertions that give any significant attribution to the Chinese exchanges in directly impacting and moving BTC prices; however, there could be some indirect effects with their volume and trading and possibly even some stagnation in BTC price movements in the coming week or so (due to the Chinese new years observation that seems to be taking place this week and the likely decrease in trade volume and decreased ability for the Chinese to move fiat around in the coming week - because they close a lot of the banks during the Chinese New Years observation period).

It's kind of a guess.

Currently, I am probably a little more inclined to predicting a 5% downward movement rather than a 5% upward movement (But it is close - about 51% to the down / 49% to the up).

On the other hand, if the price movement is 10% or more, at this time, I am a bit more inclined to believing that 10% adjustment from where we are at would be upward rather than downward (Maybe about 55% to the up and 45% to the down)

All of this anticipation in spite of the ongoing scaling debate, which seems to be more and more of a non-issue (even though it keeps coming up as a supposed price problem).