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3861  Economy / Speculation / Re: Calling top at $16500 on: December 15, 2017, 02:04:01 PM
Read a bit further up the thread, I'm what some might call a "bcash shill" and even I am saying we could see anything up to $80k in the short term.

I don't get it sgbett. How did you become a BCash shill and still be rooting for Bitcoin?

You do realize that when Bitcoin gets a block size increase (and it WILL eventually) then BCash will become completely obsolete?
3862  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 14, 2017, 09:51:57 PM
Segwit is, so far, a failure.

It is a medium term solution that would lower fees that we could get today. It works for the wallets that have implemented it. Just no one can send via SW to a broker like Coinbase, arguably the largest and most successful by far. And they have given zero plausible reasons why they haven't implemented it yet, just lame excuses.

SegWit is merely a failure to IMPLEMENT on their part. Period.
3863  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 14, 2017, 09:43:12 PM
....and segwit is not delivering.

Because the brokers, exchanges, and wallets are not implementing it. Period. End of story.

Let's get to that first, mmkay?

And if they never implement SegWit, are we then being held hostage? Are they our enemies too? Serious question.
Would they have not implemented bigger blocks?

Sometimes effectiveness beats out efficiency.

So we never get to see the effectiveness (or lack thereof) of SegWit because they won't implement it?

Sounds legit. And communist.  Roll Eyes
3864  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 14, 2017, 09:39:34 PM
....and segwit is not delivering.

Because the brokers, exchanges, and wallets are not implementing it. Period. End of story.

Let's get to that first, mmkay?

And if they never implement SegWit, are we then being held hostage? Are they our enemies too? Serious question.
3865  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 14, 2017, 09:10:46 PM
Why? Bigger blocks means more throughput. What is this better that you demand? Suggest something better. Otherwise that's the best we got.

Feel free to make a list of all the hundreds of things that you've been trying to buy online daily or monthly with bitcoin. I'm sure it's a mile long. Those daily fees, amiright?   Wink
I have spent literally hundreds in fees over the last few months. Just on transfers. It's real money out of my pocket. And everyone elses.

Transfers for what, Ibian? Obviously not e-Commerce. Like 99.99999999999999999% of the rest of the Bitcoin community.

I'm so fucking tired of the 'false fallacy' arguments that the Bitcoin community has been having for years now. I would tell you to just go use BCH, but you know what? Those fkn idiots in that camp aren't using BCH for e-Commerce transactions either.  Just "transfers". Which just means trades, and that's it.

BCH has an 8MB block size "solution" looking for a problem that doesn't exist. They have MILES of empty lane not even being used for ANYTHING even remotely e-Commerce related. But hey, they have low fees to move their coins around for trading! Yay, great!!   Roll Eyes  Roll Eyes
3866  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 14, 2017, 08:56:10 PM
Why? Bigger blocks means more throughput. What is this better that you demand? Suggest something better. Otherwise that's the best we got.

Feel free to make a list of all the hundreds of things that you've been trying to buy online daily or monthly with bitcoin. I'm sure it's a mile long. Those daily fees, amiright?   Wink
3867  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 14, 2017, 08:49:21 PM
Troll bears on WO are so funny..

You guys really think we don't notice that you vanish from here when alts are pumping, and then suddenly show up here whenever the Bitcoin price is going sideways?

We notice, ok? And we put you in the 'troll' category, and many of you on /ignore.

3868  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 14, 2017, 07:50:09 PM
It is a fucking concern. Even if you, personally, are not concerned. We are rapidly approaching a limit to how many people can even use bitcoin, regardless of fee size.

We need to get Segwitting. I'm faintly appalled that it wasn't ready to roll from minute one in the Core wallet, let alone anywhere third party.

Lukejr is on record saying we ought not to be Segwitting until LN is ready. I'm not sure why, but there it is.

What is appalling is the lack of SegWit support from the very companies (like Coinbase) that were screaming for a lower fee solution. Which SegWit adoption support can give RIGHT NOW.

For Brian A. to say that "SegWit is not at the top of priorities of things our customers are asking for" is not only disingenuous, it is a complete lie. It's clear the company is not adopting SegWit because it somehow benefits their bottom line to refrain from doing so.
3869  Economy / Speculation / Re: Futures volume on: December 14, 2017, 07:44:38 PM
For the futures traders to move the market where they want, they first have to own the underlying asset.  Which they don't right now. They don't want to go long, because they don't really care to buy the asset and think that it is overvalued. But also they can't short it, because they don't own any coins and supply has to come from existing bitcoin owners. Who aren't parting with their coins.

A catch 22. That's why they have no interest in the futures market ATM.
3870  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 14, 2017, 06:13:23 PM
Sideways for days - means we will go south soon... Watching this pattern for years now. Only one guy needs to start a dump and well be at 4 digits....

You start. Open a really large short position while you are at it. You can't lose, right?
3871  Economy / Speculation / Re: New paradigm! on: December 14, 2017, 06:12:01 PM
We are entering into a new phase of Bitcoin.

The general public is starting to think that maybe Bitcoin is not a flash-in-the-pan after all, that there is something to it and that it has legs. With Futures trading, it has become a true, bona fide asset class that is not going away.
3872  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 14, 2017, 04:38:50 PM
You can clearly tell he does it for free which makes it more disturbing by a country mile. He must've been putting in 16 hour days at certain points in the past.

Which means his supposed day job as a busy University professor is either a complete farce, or a cover.
3873  Economy / Speculation / Re: Analysis on: December 14, 2017, 04:30:13 PM
Pretty obvious.

He's saying that because we blew right through $10k upwards and support levels around $10k were never properly tested for buyer support, we'll probably revisit them soon for a re-test.

Although I might disagree with that a little, as we hit a low of $12,700 not more than 4 days ago and it bounced pretty hard off of that point.

If you look at the chart though, the true pump started on 12/5 around $11,730.  So if things were to turn bearish, in my mind that would be the first support test level, with perhaps a brief spike down to $10k.

With all the bullish news lately, it's possible than any major short/dump will be gobbled up quickly. Whale traders are desperate for more supply right now.
3874  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 14, 2017, 04:07:26 PM
Click on the Phase 2 button.
"Phase 2 - Manual distribution of Bitcoin to UnitedBitcoin addresses by the UB Foundation"

Ah. That'll learn me. Let's page Satoshi so he can move his for a bit of fun.

Nah, let's clone the UB blockchain after it launches, call it UltimateBitcoin, and steal back all of Jeff's coins through SuperGodMode2.0.  Grin
3875  Economy / Speculation / Re: Calling top at $16500 on: December 14, 2017, 04:04:44 PM
This thread must be where the bears hang out.   Wink

Bears on this thread should put their money where their mouth is and short the market.  I double dare ya.
3876  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 14, 2017, 03:30:43 PM
https://www.cnbc.com/2017/12/14/deutsche-boerse-considers-bitcoin-futures-launch-in-germany-report.html
3877  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 14, 2017, 03:14:30 PM
Ok, so, my brain is still booting up here for the day, but walk me through game-theory on this one.

There's a huge wall of 1000 BTC @ $17,250 on GDAX.

What would the effect be of me placing a sell wall of 1000 @ $20,000 ? I'm guessing zero effect ?

Would I be better off gaming 1000 @ $17,500 ? Would placing/pulling 1000 walls @ $17,000 cause jitters ?

Wondering how I can have some fun with this wall on GDAX. I'm a little bit bored this morning.

I should really go get a coffee into my system...

Uhh... I'm pretty sure that spoofing is considered in violation of GDAX's trading rules. If you are discovered, your account will likely be frozen.

https://support.gdax.com/customer/en/portal/articles/2725970-trading-rules?b_id=13522

Quote

3.12 Traders are prohibited from engaging in Market Manipulation.

3.13 Market Manipulation means actions taken by a Trader or a person acting in concert with a Trader, which are intended to:

a. deceive or mislead other Traders;

b. artificially control or manipulate the price or trading volume of an Asset; or

c. aid, abet, enable, finance, support, or endorse either of the above.

and may include actions on GDAX and/or outside of GDAX.

3.14Market Manipulation specifically includes, without limitation: front-running, wash trading, spoofing, layering, churning, and quote stuffing.

3878  Economy / Speculation / Re: YOU ARE ALL STUPID - SELL NOW on: December 14, 2017, 01:58:42 PM
Every newbish troll account on this thread has been wrong.

Lesson #1: Don't listen to or feed the trolls.

Lesson #2: Don't sell or spend your bitcoin unless absolutely necessary.

Lesson #3: Don't believe anything the MSM says about Bitcoin.
3879  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 14, 2017, 01:35:48 PM
Question of the day. Is Jstolfi paid by Ver, or just hopeless?

A broken clock is correct twice a day. Or in Jstolfi's case, maybe once in a millennia if at all.

It feels good for the nocoiners and naysayers to make outlandish claims like "Bitcoin may go to a million dollars one day before it goes to zero." That way they can smuggishly still be right on the first part, while simultaneously moving the goal posts on the second part out to infinity. Or at least to well after they are dead and gone.  Am I right?
3880  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 14, 2017, 12:24:20 PM
i am in this crypto world enough to know this answer, yet thanks for answering.
i mean is something else behind that?

Also variance in prices could be attributed to some fees, explicit or hidden, being passed on to the buyers and sellers of a certain exchange.
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