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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 19925. (Read 26608056 times)

hero member
Activity: 728
Merit: 500
So do we still observe walls here?  It's so hard to watch them on bfx with them moving around,  hiding,  and jumping up and down every 2 seconds like there's some broken api. The only consistent thing I see is that little wall at 300 and even that would be like a joke at gox.
legendary
Activity: 1092
Merit: 1000
425 in the morning.. i'm hodl cold storage hostage. keep going up bitchcoin  . make us all want to trade for debt slavery fiat.
legendary
Activity: 1106
Merit: 1007
Hide your women
220,000 transactions in last 24 hours.  To me this is the real indicator bitcoin is going mainstream.

To me this is an indicator that we're going to hit the 1 MB limit before resolving the scaling issue. We're over half maximum capacity. If the network bogs down, people on the exchanges will turn to the only exit left: fiat. It will be Gox in reverse. Worldwide on every exchange. 

Low fee transactions could take days to confirm. Zero fee xactions may never confirm. And what if some exchanges are running a fiat fractional reserve? They would have to liquidate BTC holdings to fill withdrawal requests, pushing prices down farther. Leveraged longs hit a margin call cascade. Miners forced to sell a larger percentage of mined coins to pay for electricity. 

Nothing's been fixed. Nothing. 600,000 xactions/day could create a backlog that will never clear. Companies with business models that depend on low fees could dump everything and cut their losses.

You'd better pray we get the capacity up before we grow much more or we could crash so far that we lose first mover advantage and never recover. Don't think there aren't people waiting, wanting and actively working to make that happen.

legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
hero member
Activity: 798
Merit: 531
Crypto is King.
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 1260
Merit: 1000
I do expect a 2+ month consolidation in the mid 300s.

There will be a consolidation

legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
i see a knife coming...
hero member
Activity: 798
Merit: 531
Crypto is King.

Such observation, many professional, very prediction, lots source, heavy opinion weight, so verifiable evidence.




Wow!
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
will 410 hold?

410?! ... I'm wondering where it will find some decent support above 1200
well see 390 before we see 500
legendary
Activity: 3920
Merit: 2349
Eadem mutata resurgo
will 410 hold?

410?! ... I'm wondering where it will find some decent support above 1200
legendary
Activity: 1904
Merit: 1002
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
hero member
Activity: 798
Merit: 531
Crypto is King.


The big white box on the outside
will become the small white box on the inside
and there will be much pizza.

So say we all.



It will keep going and going and going and going and next thing you know, we're at $4,800.00 USD Smiley




Mind blown in 3. . . 2. . . 1. . .







Could this be the rise to $10,000 USD / BTC ? ? ?









Don't you love how BTCitcoin forms these oh so esoteric patterns? It's so fucking beautiful I want to cry sometimes.
legendary
Activity: 1092
Merit: 1000

bitchcoin is pretty much cornered now. only thing it can do is go up or go sideways. we all got tired bitchcoin wallowing around all time. get ur ass up bitchcoin. what to do next. is gold and silver going up or down ??


edit ps: this is where i usually would laugh like this hhahhahha. is funny!
member
Activity: 78
Merit: 10


The big white box on the outside
will become the small white box on the inside
and there will be much pizza.

So say we all.

legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
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