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5681  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 18, 2018, 12:22:17 AM
WO- the only place where a correction becomes a P&D, except of course btc

There are 1564 coins on CMC.  About 1560 of them are total jokes.  
5682  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 17, 2018, 10:11:23 PM
PAC was my personal favourite.



The market cap evaporated at the same time the price spiked - they did some sort of 10,000:1 consolidation.  
5683  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 17, 2018, 09:51:51 PM
I scalped ~2% out of Cardano last time it dumped.   It was a close cut thing and I won’t do it again.  

These shitcoins are going on a one way trip and it’s not worth playing the bounces.  
5684  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 17, 2018, 09:09:46 PM

He achieved an average sell price of US$10k. I think that’s pretty bloody good for someone in the spotlight who can’t move particularly fast due to red tape.
5685  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 17, 2018, 08:53:57 PM
5686  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 17, 2018, 11:25:36 AM
They will be bricks worth $0. And I’m sure they are all burned in.
5687  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 17, 2018, 11:06:19 AM
I raise.

What are you raising?  A barn?

Unrelated edit:   bahahahhahahaha Bitmain.  Good one.  



For those not paying attention to Monero, it is forking which will brick all of Bitmain’s cryptonight ASICS.  
5688  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 17, 2018, 10:59:30 AM
Was Vinny Lingham credible at some point?  Cause he sure as shit isn’t now. 
5689  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 17, 2018, 10:21:28 AM
The Ariane 5 explosion and why 64 doesn’t go into 16:

https://around.com/ariane.html
5690  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 17, 2018, 10:19:54 AM
Good to see bcash lol slowly starting to pump, it’s nicely on schedule.  A little early even. Here’s hoping for a great show so Roger Ver can act all surprised at the price increase.
5691  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 17, 2018, 06:06:01 AM
Doesn't legendary mean anything? You understand that transactions are made of data right? Processing more of them requires more bandwidth than processing less of them, right? Why am I having this ridiculous conversation? Are you high?

The amount of bandwidth consumed by industrial mining is negligible.

Do try to keep up.

It’s called a block limit.
5692  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 17, 2018, 05:59:04 AM
5693  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 17, 2018, 04:02:14 AM
5694  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 17, 2018, 03:20:47 AM
China to ban people with bad social credit from using planes / trains

https://mobile.reuters.com/article/amp/idUSKCN1GS10S?__twitter_impression=true

Sound a bit like SSSS from the TSA.
5695  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 17, 2018, 03:04:42 AM
This sounds lovely but I am deeply suspicious. 

https://blog.genesis.vision/genesis-markets-announcement-f520ea832168
5696  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 17, 2018, 01:36:52 AM
Oopsie
5697  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 17, 2018, 01:32:19 AM
So we going to get one of those weekend pumps instead of dump?

Exactly my hunch. I got it while following the price more closely than usual, scalping my short up. I'm gonna have a hard weekend for sure :-)

Quote

This sounds like bullshit. It can't be true. Such a business model leaks too much profit if the underlying cryptocurrency appreciates.

I assume both principal and interest is payable in BTC.
The way I read it, the loan is denominated in USD. If so, it's impossible to claim the same BTC amount. Or did I get it wrong? I'm stressed out by my safe trading binge.

Nah it’s denominated in BTC. 

Quote
This would mean they borrow some amount in bitcoin, sell it, and then repay in bitcoin (at whatever price) whenever the loan comes due."
5698  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 17, 2018, 12:56:43 AM
Alright, so I have been to the big free museum in Wellington, to the harbor where every single boat is behind a locked gate, and plan to go to the night market today (it closes at 11 pm, not actually a "night" market).

Is there anything else I absolutely have to see or do before I descend into a two day drinking binge?

... maybe take a ride on the cable-car (funicular) from Lampton Quay and then hit the untold craft brew pubs on or just off Cuba St./Courtney Place area (which fits nicely with your binge-drinking plan).
I ride big metal tubes at appreciable fractions of the speed of sound way high up in the air on a regular basis. So, meh. Thanks for the suggestion all the same tho.

Need to get out of the city into the wilderness. Get a fly fishing guide if that is your thing, rent a big game fishing charter for marlin or go hiking in the Southern Alps.  You sound like you might like going pigging, just some dogs and a knife to go boar hunting.

Or go to the Marlborough and do the vineyards. Or go surfing at Raglan and get your ass kicked by the Southern rollers.  Lots to do just not in Wellington itself.
5699  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 17, 2018, 12:02:11 AM
We are managing to stay out of the Swamps of Anger.  



Although the price line seems to have changed Dark Forest to Dank Forest.
Where exactly is the dungeon of capitulation? Negative prices?

It’s the Wall Observer $1,000 Party.  It’s being held at a time share resort in Milwaukee.  We are all going to drink Pabst Blue Ribbon and listen to a lecture on physical silver by Roach. 
5700  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 16, 2018, 11:55:12 PM
So we going to get one of those weekend pumps instead of dump?

Exactly my hunch. I got it while following the price more closely than usual, scalping my short up. I'm gonna have a hard weekend for sure :-)

Quote

This sounds like bullshit. It can't be true. Such a business model leaks too much profit if the underlying cryptocurrency appreciates.

I assume both principal and interest is payable in BTC.
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