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6421  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 21, 2018, 05:51:52 AM
[snip]

Awesome contribution, but not for here.  Please start a new thread & share the link.

BTCBTCBTCBTCBTCBTCBTCBTCBTCBTCBTCBTCBTCBTCBTCBTCBTCBTCBTCBTC

Understood.  It was well meaning and quite profitable but we don’t want to pollute this thread either.
6422  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 21, 2018, 05:09:50 AM
Ahh there’s the weekend dump. 
6423  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 21, 2018, 03:14:32 AM
Wee green candle
6424  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 21, 2018, 02:15:01 AM
Spam faucet flooding again at 1 sat. 
6425  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 21, 2018, 02:11:20 AM
Yeah, but most exchanges include the txid so you can easily check if it got confirmed or not so you can easily prove who is fucking it up.

That said... I stopped txing BTC between exchanges since the fee got to a few dollars. I discovered the usefulness of Litecoin and other shitcoins for that and never looked back. Never had a single problem txing anything between exchanges.

The problem is slippage at both ends converting LTC. Especially if LTC is not a trading pair. 
6426  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 21, 2018, 02:03:24 AM
Some exchanges are more competent than others. I trust Bitstamp.  Bitgrail or Mercatox?  Not so much.
6427  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 21, 2018, 02:01:19 AM
Once the exchanges start using lightning to send BTC between them, it’s game over for many altcoins.
Who sends btc directly between exchanges. That's just asking for trouble.

why?

Look I understand the point about if the transaction gets lost you are potentially arguing with two different exchanges about who lost it.  But when you are on mobile and trading shitcoins and time matters, it’s really the only way to do it.
6428  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 21, 2018, 01:48:25 AM
Once the exchanges start using lightning to send BTC between them, it’s game over for many altcoins.
6429  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 21, 2018, 01:41:27 AM
Did spam faucet ran dry again? Someone ping Ver for a top up

Non-segwit transactions declining slightly. Segwit transaction size is through the roof.  

Maybe a medium size to large player started batching and using Segwit.



6430  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 20, 2018, 10:18:19 PM
Maybe I can finally make some of my BearTrades TM.  Weekend dump is due soon.
6431  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 20, 2018, 10:09:58 PM
I see the price is rising with declining volume since the recent low of ~$9200

Price going up, volume going down.....

Looking at Bitfinex 6hr chart.

What is your interpretation of this ?
6432  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 20, 2018, 07:43:08 PM
well i sold @12800

Your entire stash ?

It’s a bit like those guys who sold their entire stash at $8 per coin because it can’t go any higher.
6433  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 20, 2018, 07:48:20 AM
In other news, the US Gov did it's occasional shutdown over budget disagreements, at midnight Eastern time. They always re-shuffle $$$ to make it work, but many services are without payroll for a while.

How mny votes are needed to pass the spending bill?
6434  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 20, 2018, 07:17:37 AM
Also my alts are starting to bend as oxygen flows towards BTC.  

Maybe you have the wrong alts... But hey, seems you called a few them correctly. A quick look at my alt portfolio shows all green except a couple.

My Telcoin went backwards briefly during the BTC spike. I’m still up 87% on it in the past 36 hours so still green.  
6435  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 20, 2018, 05:01:53 AM
You are very gracious.  

In other news I would like to express my disappointment at the rising BTC price. I have put a lot of effort into a bear market strategy over the past week that doesn’t require shorting and am now ready to go.  And the bloody price is rising and I’m twiddling my thumbs!  

Of course I’m long BTC and delighted but I really did want to test it out....

Keep jinxing your strategy Cheesy

For fucks sakes the price keeps going straight up !  This is a complete write off !  

This isn’t costing me anything - my stash is earning a lot of money. But it’s extremely frustrating !   


Also my alts are starting to bend as oxygen flows towards BTC. 
6436  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 20, 2018, 04:31:57 AM
The bottleneck in the 100-120bytes per sat has cleared up in the mempool. That is good news. https://dedi.jochen-hoenicke.de/queue/more/#24h


Is that why the ideal fast confirmations fee bitcoinfees.earn.com recommends has dropped by 70 satoshis/byte?

Yes, most definitely.

Is there any particular reason the bottleneck in the 100-120 bytes per sat range has cleared up?

Bitcoinfees.earn.com has dropped its recommended fee further down to 390 satoshis/byte since my last post.

Given that 140 sats is consistently clearing, 390 sats is grossly overpaying. You really need to judge your own fees.  Just pick a level that is currently consistently clearing. I  would be very comfortable with getting into the next block with 195 sats right now.

6437  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 20, 2018, 04:29:04 AM
Bitcoin has the development effort behind it. It is going to smash it out of the park this year.

I certainly hope so

Oh no we can't have that. Otherwise what will the BCash and shitcoin shills troll us with?

Competition between second layer solutions could be robust.
6438  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 20, 2018, 03:52:10 AM
Bitcoin is doing precisely what it is supposed to do; secure my, and your, and everyone here's wealth in a secure, decentralized, deflationary vehicle...I have never said anything other.

It is NOT, in its current form, a suitable, day to day, means of exchange, and there is a vacuum, and an opportunity.

Will that opportunity be picked up by the lightening network?  Perhaps...if it is ready soon, perhaps it will, if not that opportunity will fall to a competitor.

Bitcoin has the development effort behind it. It is going to smash it out of the park this year.
6439  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 20, 2018, 02:53:28 AM
You are very gracious.  

In other news I would like to express my disappointment at the rising BTC price. I have put a lot of effort into a bear market strategy over the past week that doesn’t require shorting and am now ready to go.  And the bloody price is rising and I’m twiddling my thumbs!  

Of course I’m long BTC and delighted but I really did want to test it out....
6440  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 20, 2018, 01:32:41 AM
I’m not here to shill so I will only say it once - but this is coming from someone who correctly called Dentacoin and Mediblocks.

Telcoin on Kucoin is shaping up as a nice shitcoin. Cheap, is rising nicely and still deep in the ranks at 137 on CMC. Lots of headroom just don’t be greedy.  

Please let me know if this sort of commentary is unwanted and I won’t mention other things I find.
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