Wall Observer BTC/USD - Bitcoin price movement tracking & discussion

[Chef Ramsay]

Sry. Didn't mean to spoil your "one or more entities ... accumulating all in one go" fantasy. Of course they're accumulating, Sweetness!  They want your Beanies so hard, why, they don't even care about slippage

Still showing your less than stellar brain capacity and leading with your ignorance. You still haven't discovered the underlying theme behind such a purposeful buy. But you should probably go back to your other threads you seem to mindlessly attack.

And the dozen or more threads she OP'd the last 7ish days that were pure Fart, I mean FUD, that got axed by mods for the degenerative content (or the same spiel each time) and laid to rest. When you post to get that many threads over time, deleted, you know you must have a life full of shit. Time to get a life you would think.

[USB-S]

Sry. Didn't mean to spoil your "one or more entities ... accumulating all in one go" fantasy. Of course they're accumulating, Sweetness!  They want your Beanies so hard, why, they don't even care about slippage

Still showing your less than stellar brain capacity and leading with your ignorance. You still haven't discovered the underlying theme behind such a purposeful buy. But you should probably go back to your other threads you seem to mindlessly attack.

And the dozen or more threads she OP'd the last 7ish days that were pure Fart, I mean FUD, that got axed by mods for the degenerative content (or the same spiel each time) and laid to rest. When you post to get that many threads over time, deleted, you know you must have a life full of shit. Time to get a life you would think.

Stop picking on my favorite fudder! His soul may be full of fud but his heart is in the right place, besides bitcoin needs some fud, else everyone would be hodling and price would skyrocket. But then again, I'm no expert on this.

[yefi]

I see a trend here.

Price starts going up:
"Woo hoo! Moon gifs!"

Price starts to fall:
"Hi I'm a blocksizetard, here is my opinion on development issues"

lol, I think you have this thread cracked

[PoolMinor]

Off-Topic but what isn't

[jbreher]

adam, do u have 1G to the desktop ?? in other words, what cat cable are you using ?? are you using cat5 or cat6 cabling throughout your home network ?? do you have 1G ports on your internet modem and your router and switches and pc ??

the tcp window only means how big of a tcp block you are transmitting. in my case for jumbo frames, i am moving a 9014 tcp block rather than a 1500 tcp block

Yeah - about that -

What makes it funny is that the frame size you're talking about is completely unrelated to the TCP window size. Jumbo frames are an Ethernet concept. You're talking about the Ethernet MTU - a lower layer altogether. Has absolutely nothing to do with the TCP window size (which is also not the same as the TCP segment size).

BTW, I ain't Adam, but: Yes, mix of 5e and 6, Yes, Yes, Yes, Yes.

And ookla tells me I get 850 Mbps down and 950 Mbps up.

Not that that has anything to do with current Bitcoin limits.

[deadpoolx]

Most votes pointing price > 440 (April 1st), that's optimism.

[--Encrypted--]

the dragon's head is in the way. cut it off.

Most votes pointing price > 440 (April 1st), that's optimism.

happy early april fools!

[Tzupy]

https://www.cryptocoinsnews.com/russias-bitcoin-ban-proposal-likely-enter-duma-august/

[sAt0sHiFanClub]

pms is where the buy is cuz they are artificially manipulated lower, while bitcoins is artificially manipulated higher .. there is reasons for the manipulation and is is doubtful good for us .

1. The PM indexes barely move with the amount of money involved in crypto. They are in the multi-trillion marketcap category. Crypto isn't getting any serious money from PMs. Bitcoin's marketcap is like one thousand of what Gold's marketcap is.

2. PMs do not really overlap the online transactions sector. They are just store of value. You can't pay someone over the internet if you have gold in your pocket. You can pay him with bitcoins though. That means that PMs and crypto are complimentary in this sense. Things might have been different with a decentralized e-gold equivalent, but physical ownership and physical transfer is not something that an algorithm can rule.

3. In terms of manipulation, owning Bitcoins is actually a hedge against the ongoing PM manipulation as the mechanisms existing in the gold manipulation 'industry' are not found in bitcoin.

4. Bitcoins are far more scarce than gold and silver. There are ~6 billion ounces of above ground gold and only 15.4 million bitcoins. That's one bitcoin for every 390 ounces. That's now. The future is actually in favor of bitcoin:gold ratio.

5. Gold and silver production is increasing continuously as the methods to extract it are improved and become increasingly mechanized. 100 years ago you had people shoveling ground and now you have excavators and D10's moving ground and ...ripping permafrost. Or people dredging ...the ocean's bottom (soon with robots). Even the places that have been previously "mined" are full of gold. And even the places that are mined today are still left with tons of fine gold that they can't really catch due to most mining operations going for more volume at the expense of recovery rates. The 180ktons of above ground gold will probably double or triple in the next 30-40 years. And when AI comes online to track underground deposits, vein flows, etc etc, or even assume the running of mechanical recovery tasks, you're looking at full blown gold inflation. And I haven't mentioned that most "non-gold bearing grounds" are ....gold bearing with invisible gold. You might pan nothing, but the gold is attached to lower-specific gravity rocks, which, when crushed, will release the gold (typically by resorting to chemicals). When people say "there is no gold here", what they really mean is "I don't see any", or "I'll probably spend more to get it" - both of which are circumstances that change continuously.

6. Even if above ground gold doubles or triples in the mid-term future, it will still preserve its value due to fiat inflating at a much faster pace. However bitcoin will be inflating at a much lower pace than both, hence being an adequate store of value, which also has good upside potential (gold's marketcap can't go 10x to 70+ trillion range with ease, unlike bitcoin which can hit 4k usd and do a 10x).

7. What PMs have in their favor is that they are much safer than crypto (excluding scam PM purchases). Nobody will fork, hack or 51% one's gold. And they are good for countries with high devaluation rates where the average man can convert local currency to PMs to prevent erosion to his savings.

All this shit from a guy who honestly thinks bitcoin will be trading at $12,000 next week.  I cannot even laugh at this anymore.

[sAt0sHiFanClub]

"This brings me to Bitcoin. I think that Bitcoin could be the world's next great safe asset. At least, it certainly seems to have all the properties that are desired in a safe asset. "

"This "Bitcoin as a large-value transfer system" does not destroy my thesis: Bitcoin can remain a desirable safe asset. "

"Once market penetration is complete, its return behavior is likely to mimic the return behavior of any other safe asset."

"Investors can expect to earn unusually high returns in a crisis event."

"In short, it's a great investment"

~David Andolfatto, Vice-President Fed Bank of St-Louis


http://andolfatto.blogspot.fr/2016/03/is-bitcoin-safe-asset.html

hdbuck if quoting fedsters.  We are all doomed.

[hdbuck]

"This brings me to Bitcoin. I think that Bitcoin could be the world's next great safe asset. At least, it certainly seems to have all the properties that are desired in a safe asset. "

"This "Bitcoin as a large-value transfer system" does not destroy my thesis: Bitcoin can remain a desirable safe asset. "

"Once market penetration is complete, its return behavior is likely to mimic the return behavior of any other safe asset."

"Investors can expect to earn unusually high returns in a crisis event."

"In short, it's a great investment"

~David Andolfatto, Vice-President Fed Bank of St-Louis


http://andolfatto.blogspot.fr/2016/03/is-bitcoin-safe-asset.html

hdbuck if quoting fedsters.  We are all doomed.

sorry, i thought you govvy shills would appreciate some of your sugardaddy inputs.

although he is not involved with blockstream

[blunderer]

Guys, you're doing it wrong...



RIP 420.

[bargainbin]

Captain Obvious here again:
The price increase was Today's dump is due to one or more entities simply purchasing dumping BTC, they were not pumping the price as we normally see, they were accumulating are droppin' it like it's hot all in one go;

[Denker]

Ouch! Mega red dildo on finex.
Someone dumped the price down to 406 over there.But already back to 412!
Big hiccup I would say.

[Tzupy]

Fuck... I closed my short at 415$, didn't expect such a large sudden drop. This quickly went from hugging the upper BB in 12h and 1d to the lower. Also flipped 12h and 1d PSAR to bearish.
Now I have to wait for another good short entry. Is there some bearish news to explain this sudden and rather large drop?

[Gyrsur]

someone needs to cash out because the price was good and the electricity bills have to be paid.  

[abercrombie]

is crypto done??  

[BitUsher]

Anyone else notice the new spam attack with low tx but high inputs to fill the blocks?

[bargainbin]

is crypto done??  

Sure. It just don't know it yet. No biggie, I got an ax!

[BitUsher]

Fuck... I closed my short at 415$, didn't expect such a large sudden drop. This quickly went from hugging the upper BB in 12h and 1d to the lower. Also flipped 12h and 1d PSAR to bearish.
Now I have to wait for another good short entry. Is there some bearish news to explain this sudden and rather large drop?

Likely just a whale creating a bull trap. Looks like there is a trend here and we need to see a 3-4% breakout before there is an indication there wont be a retrace.