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

[bikerleszno]

How long is averageto confirm BCC transaction? Waiting few hours already

[1714772024]

1714772024

[d_eddie]

Futures and options based on BTC coming soon. The SEC probably will change opinion on ETFs soonish.

http://www.zerohedge.com/news/2017-08-02/bitcoin-etf-approval-odds-are-way-analyst-says?page=1

I am confident this would cause an immediate surge in the USD price of BTC.

It's the longer term effects I am unsure of. Many say Wall Street will be able to manipulate the crypto market by naked shorting the stuff. I think an ETF backed by actual collateral can't. How about a clearing house for options and other derivatives?

[rjclarke2000]

I don't think I can handle more ETF hype and then another "sorry, no"

[Last of the V8s]

https://www.cyberscoop.com/wannacry-monero-bitcoin/
shapeshift blacklist some shitcoins

[d_eddie]

I don't think I can handle more ETF hype and then another "sorry, no"

The ETF is still mere speculation, but futures and options should be here "real soon now."

[El duderino_]

Bet CLOSED! Let the game begins...
Thank you all for supporting this game and I wish you all good luck. Let's make contact when ATH touched.
Final list:
20/07 Siggy
21/07 Mr Frog
22/07 Protokol
23/07 Bitcoinaire
24/07 Lost_in_base
25/07 rjclarke2000
26/07 Globbo
27/07 Poolminor
28/07 TeeBone
29/07 Ted E. Bear
30/07 bahty
31/07 Infofront
01/08 Vin
02/08 Steelboy
03/08 D_eddie
04/08 Bitserve
05/08 Bikerleszno
06/08 Last of the v8s
07/08 Pajulapoiss
08/08 Imbatman
09/08 Mikenz
10/08 Machasm
11/08 Aesma
12/08 doc12
13/08 Fluidjax
14/08 ShroomsKit_Disgrace
15/08 Fragout ---- slow death
16/08 Orpington
17/08 sirazimuth
18/08 Ivomm
19/08 Elwar
20/08 Oblox
21/08 Haciendo
22/08 Boba
23/08 ErisDiscordia
24/08 Ludwig Von
25/08 Hazukison
26/08 SportbetMaster
27/08 Nanobtc
28/08 Vamos1
29/08 Paashaas
30/08 RayX12
31/08 BinaryReign
02/09 Patrisorvieto
05/09 Entons
06/09 Oinas
09/09 Edgar
11/09 Buwaytress
15/09 MinermanNC
17/09 Spaceman_spiff
21/09 undeadbitcoiner
01/10 K.Ehleyr
02/10 Petemoss2
04/10 Herman Hesse
13/10 Cryptoqueen
05/11 Chainsaw
21/11 Icygreen
12/12 Kurious
23/12 Fractaluniverse
14/01/2018 In the silence
05/02/2018 savetherainforest

Who's going to be lucky mooooooon!!!

[Pajulapoiss]

Bet CLOSED! Let the game begins...
Thank you all for supporting this game and I wish you all good luck. Let's make contact when ATH touched.
Final list:
20/07 Siggy
21/07 Mr Frog
22/07 Protokol
23/07 Bitcoinaire
24/07 Lost_in_base
25/07 rjclarke2000
26/07 Globbo
27/07 Poolminor
28/07 TeeBone
29/07 Ted E. Bear
30/07 bahty
31/07 Infofront
01/08 Vin
02/08 Steelboy
03/08 D_eddie
04/08 Bitserve
05/08 Bikerleszno
06/08 Last of the v8s
07/08 Pajulapoiss
08/08 Imbatman
09/08 Mikenz
10/08 Machasm
11/08 Aesma
12/08 doc12
13/08 Fluidjax
14/08 ShroomsKit_Disgrace
15/08 Fragout ---- slow death
16/08 Orpington
17/08 sirazimuth
18/08 Ivomm
19/08 Elwar
20/08 Oblox
21/08 Haciendo
22/08 Boba
23/08 ErisDiscordia
24/08 Ludwig Von
25/08 Hazukison
26/08 SportbetMaster
27/08 Nanobtc
28/08 Vamos1
29/08 Paashaas
30/08 RayX12
31/08 BinaryReign
02/09 Patrisorvieto
05/09 Entons
06/09 Oinas
09/09 Edgar
11/09 Buwaytress
15/09 MinermanNC
17/09 Spaceman_spiff
21/09 undeadbitcoiner
01/10 K.Ehleyr
02/10 Petemoss2
04/10 Herman Hesse
13/10 Cryptoqueen
05/11 Chainsaw
21/11 Icygreen
12/12 Kurious
23/12 Fractaluniverse
14/01/2018 In the silence
05/02/2018 savetherainforest

Who's going to be lucky mooooooon!!!

Jejeey! My chances are looking pretty good at the moment, cmoon... Few more days
 

What was the prize, 0.25 btc?

[YamashitaRen]

How to lose 200$ :
1) Buy BCH on high-volatility Bitfinex with a "325$" Market Order. BCH are bought at 331.
2) Being stunned by the order not doing what you wanted it to be and look at price slowly failing to ~312$ and wondering what went wrong. (Tip of  the day, don't use market orders on very high volatility markets like you would usually.)
3) Miss a few opportunities to halve the losses with the few ~320$ bumps.
4) Stop sell at ~311. (This could actually have been a not so bad idea.)

A few minutes later, it happens that dip was just under ~311 wall. Was ready for that but too much burnt to do anything.
I look at price being ~305 and getting momentum upwards, thinking that it's a good time to buy. Some minutes later, I'm typing this post and price went just over ~331

Is that me being really unable to stay synced with the market or just doing dumb/noob mistakes over and over ?

ps : Sorry for the off-topic, just needed to rant ~~
Oh and market is going downward trend  again, I didn't miss it either and didn't act on it either.
Damn, guess I'm really burned out  

[Ibian]

How to lose 200$ :
1) Buy BCH on high-volatility Bitfinex with a "325$" Market Order. BCH are bought at 331.
2) Being stunned by the order not doing what you wanted it to be and look at price slowly failing to ~312$ and wondering what went wrong. (Tip of  the day, don't use market orders on very high volatility markets like you would usually.)
3) Miss a few opportunities to halve the losses with the few ~320$ bumps.
4) Stop sell at ~311. (This could actually have been a not so bad idea.)

A few minutes later, it happens that dip was just under ~311 wall. Was ready for that but too much burnt to do anything.
I look at price being ~305 and getting momentum upwards, thinking that it's a good time to buy. Some minutes later, I'm typing this post and price went just over ~311

Is that me being really unable to stay synced with the market or just doing dumb/noob mistakes over and over ?

ps : Sorry for the off-topic, just needed to rant ~~
Oh and market is going downward trend  again, I didn't miss it either and didn't act on it either.
Damn, guess I'm really burned out  

Don't bother with that shit, just dump your free coins.

[YamashitaRen]

I never had any "free" BCH  .

Now why did I want to trade on this market ? Because I like it being a fast-moving market. I'm pissed of having to wait minutes/hours for bitcoin P/L to get higher than the trading fees...

[cAPSLOCK]

https://www.cyberscoop.com/wannacry-monero-bitcoin/
shapeshift blacklist some shitcoins

When you say "blacklist some shitcoins" do you mean BTC?  Because it's BTC addresses being blacklisted here...

"As of today, we have taken measures to blacklist all addresses associated with the WannaCry attackers that are known to the ShapeShift team, as is our policy for any transactions we deem breach our terms of service. We are closely watching the situation as it continues to unfold as to block any further addresses associated.”

[El duderino_]

Bet CLOSED! Let the game begins...
Thank you all for supporting this game and I wish you all good luck. Let's make contact when ATH touched.
Final list:
20/07 Siggy
21/07 Mr Frog
22/07 Protokol
23/07 Bitcoinaire
24/07 Lost_in_base
25/07 rjclarke2000
26/07 Globbo
27/07 Poolminor
28/07 TeeBone
29/07 Ted E. Bear
30/07 bahty
31/07 Infofront
01/08 Vin
02/08 Steelboy
03/08 D_eddie
04/08 Bitserve
05/08 Bikerleszno
06/08 Last of the v8s
07/08 Pajulapoiss
08/08 Imbatman
09/08 Mikenz
10/08 Machasm
11/08 Aesma
12/08 doc12
13/08 Fluidjax
14/08 ShroomsKit_Disgrace
15/08 Fragout ---- slow death
16/08 Orpington
17/08 sirazimuth
18/08 Ivomm
19/08 Elwar
20/08 Oblox
21/08 Haciendo
22/08 Boba
23/08 ErisDiscordia
24/08 Ludwig Von
25/08 Hazukison
26/08 SportbetMaster
27/08 Nanobtc
28/08 Vamos1
29/08 Paashaas
30/08 RayX12
31/08 BinaryReign
02/09 Patrisorvieto
05/09 Entons
06/09 Oinas
09/09 Edgar
11/09 Buwaytress
15/09 MinermanNC
17/09 Spaceman_spiff
21/09 undeadbitcoiner
01/10 K.Ehleyr
02/10 Petemoss2
04/10 Herman Hesse
13/10 Cryptoqueen
05/11 Chainsaw
21/11 Icygreen
12/12 Kurious
23/12 Fractaluniverse
14/01/2018 In the silence
05/02/2018 savetherainforest

Who's going to be lucky mooooooon!!!

Jejeey! My chances are looking pretty good at the moment, cmoon... Few more days
 

What was the prize, 0.25 btc?

Yes .25btc and another .25btc if there was an technical word about why you think the price going ATH @ this date

[d_eddie]

...
31/07 Infofront
01/08 Vin
02/08 Steelboy
03/08 D_eddie
04/08 Bitserve
05/08 Bikerleszno
06/08 Last of the v8s
...

Who's going to be lucky mooooooon!!!

Ouch! Too early. I knew it.
It seems we're having a slow liftoff.
I think the lucky guy will have an initial B in his name

[Skol600ml]

The new pool, choosing +2000 covers almost all options

[Elwar]

How to lose 200$ :
1) Buy BCH on high-volatility Bitfinex with a "325$" Market Order. BCH are bought at 331.

That was your first mistake.

[bones261]

What should I do with my 2K sats of BCH on Bitfinex? I haven't bothered confirming, but that is not enough to meet the order minimum, correct? I guess that I'll have to keep them. So I am now an official BCH HODLer who will get left holding the bag.

(I also have 500 BCH sats on Hashnest too, left over from my dump. Guess I'm a HODL no matter what.)

[Peter R]

Bcash cost of production (difficulty) is now being slashed by 20% per block for the next 6 blocks. Expect miners to follow cost of production slavishly. Forking guys have no idea what they have unleashed ... it will become apparent soon now.

Yes, the existence BCC will destabilize BCT mining.  

Everyone knows that at equilibrium, if BCC has 1/10th the value of BTC, that the hash power mining BCC will be 1/10th that mining BTC.  

What is less obvious what happens when the system is not in equilibrium. Imagine that the market reprices BCC 100% higher and BTC 10% lower.  What is the expected distribution of hash power now assuming short-term profit-maximizing miners?  

The answer is "most of it will be mining BCC." Because the difficulty adjusts only very slowly (every 2016 blocks) BCC becomes twice as profitable to mine as BTC.  Hash-per-hash miners would earn double by mining BCC.  This continues until the difficulty reset comes when BCC would go "limit up" (4X), when most miners would leave BCC back for BTC.  BCC's difficulty would slowly ratchet back down due to its fast difficulty adjustment and the process would later repeat.  

What this suggest is that at times when BCC is more profitable to mine and the hash rate migrates to BCC, the average block time for BTC will increase significantly and BTC's already slow and expensive transactions will become much more so.  

[Considered]

What should I do with my 2K sats of BCH on Bitfinex? I haven't bothered confirming, but that is not enough to meet the order minimum, correct? I guess that I'll have to keep them. So I am now an official BCH HODLer who will get left holding the bag.

(I also have 500 BCH sats on Hashnest too, left over from my dump. Guess I'm a HODL no matter what.)

Dump that coin. Its is now slowly dying, whales are exiting the game. Not fun at all   HODL your bitcoin not the copycat altcoin.

[Ted E. Bare]

Let this BCH alt coin die already.

[Elwar]

What should I do with my 2K sats of BCH on Bitfinex? I haven't bothered confirming, but that is not enough to meet the order minimum, correct? I guess that I'll have to keep them. So I am now an official BCH HODLer who will get left holding the bag.

(I also have 500 BCH sats on Hashnest too, left over from my dump. Guess I'm a HODL no matter what.)

Same here. I have some dust on bitfinex and bittrex.

Maybe in 20 years when bitcoin is worth $100 million, bcash will be worth $10,000 and I can sell it for a coffee.