Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
BitUsher
on 20/06/2016, 16:09:39 UTC
Good opportunity to buy some btc (just placed my order in) on a dip. Seems like a bit of backlash from the whole DAo fiasco which temporarily removes trust from all crypto and the added backlash from bitter ETH holders doubling down and selling their BTC in retaliation. I'm going to keep buying till at least 2-3k before taking a break.

Ethereum being taken out of commission (seriously this coin is doomed)
http://nakamotoinstitute.org/mempool/ethereum-is-doomed/
 http://vessenes.com/ethereum-contracts-are-going-to-be-candy-for-hackers/
http://hackingdistributed.com/2016/06/16/scanning-live-ethereum-contracts-for-bugs/

Is actually quite bullish for bitcoin because it re-affirms the scaling and security direction of bitcoin and undermines any sources that disagree with our principles that has kept us so secure and resilient.