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

[deepcolderwallet]

Raise the hand whoever is still waiting for $850

C'on, don't be shy.

When africoin posted

Guys

$800 is coming

And Vinny lingham indicator just confirmed sub $875

Sell your coins at the best price you can get

Prepare to buy lower

This is not a drill

It was $~1200 range an I got a 50% haircut.

Now my only strategy is

[1714522913]

1714522913

[1714522913]

1714522913

[1714522913]

1714522913

[1714522913]

1714522913

[Bitcoinaire]

Raise the hand whoever is still waiting for $850

C'on, don't be shy.

When africoin posted

Guys

$800 is coming

And Vinny lingham indicator just confirmed sub $875

Sell your coins at the best price you can get

Prepare to buy lower

This is not a drill

Its how hodlers are made.

It was $~1200 range an I got a 50% haircut.

Now my only strategy is

[pic]

Its how hodlers are made.

There will be only 21,000,000 coins.

[Gab0]

https://bitcointalk.org/index.php?topic=2080206.msg20798805#msg20798805
Maxwell has a go at the 'new' 'satoshi' 'email' 'leaker'

Shameful. Shameful if they're legit, shameful if they're edited.

Here was my response to "CipherionX"'s attempts at getting leaks.

I'm quite sure I have read at least some of these before. As such, they really aren't new. Not all of them anyway.

I'm guessing Gregory is just pissed and trying to stifle the revelation that Satoshi directly contradicts several of Blockstream/Core's fundamental sacred cow axioms from his very first reply to Mike.

The existing Visa credit card network processes about 15 million Internet purchases per day worldwide.  Bitcoin can already scale much larger than that with existing hardware for a fraction of the cost.  It never really hits a scale ceiling.

By Moore's Law, we can expect hardware speed to be 10 times faster in 5 years and 100 times faster in 10.  Even if Bitcoin grows at crazy adoption rates, I think computer speeds will stay ahead of the number of transactions.

The fee the market would settle on should be minimal.  If a node requires a higher fee, that node would be passing up all transactions with lower fees.  It could do more volume and probably make more money by processing as many paying transactions as it can.

The transition is not controlled by some human in charge of the system though, just individuals reacting on their own to market forces.

Eventually, most nodes may be run by specialists with multiple GPU cards.

I thought the same thing.



Here another very eloquent extract:

A higher limit can be phased in once we have actual use closer to the limit and make sure it's working OK.
 
Eventually when we have client-only implementations, the block chain size won't matter much.  Until then, while all users still have to download the entire block chain to start, it's nice if we can keep it down to a reasonable size.
 
[...]
 
Whatever the current capacity of the software is, it automatically grows at the rate of Moore's Law, about 60% per year.

Trolls in 3... 2... 1...

[Elwar]

I'm frankly starting to get a new kind of trouble with where prices are going. Used to be I had to Do Stuff to Get Money from Others. Now I'm closing in on true financial independence. And I have no idea where to go from here.

Congrats. I reached that point too a while back. My whole life I spent my energy on working on making more money, college, personal sacrifice, business ventures, etc.

Now that I make more with bitcoin than anything else, and I don't really need to make any more money for the rest of my life (though more opens up possibilities) it changes my life goals.

Right now I go to work even though I don't need to. I have zero motivation, especially working for the military industrial complex. If it weren't for the fact that I have no stress at work and I work in a very relaxed atmosphere I would leave. Other people stress...but that is because they worry about their future careers. Though going to work is ok because it gives me a reason to get out of the house in the morning.

Even thinking about things I can do with my life outside of work it tends to come back to working on something...which tends to be something that makes money. I need to figure out how to balance working on something that doesn't drain my funds and productivity while not worrying about making money off of the venture. Like I want to help with this seasteading venture and can contribute in many ways such as running their network or developing some blockchain stuff for them, but I keep thinking that I would need to get paid to do something big like that. But a small salary would only be symbolic for me, and a big salary would not be feasible. And if I wanted a big salary I would just keep doing what I am doing now.

First world problems I suppose.

I have been reading The Will to Power by Nitchze to kind of get into the heads of the bigwigs that I might start mingling with (and have already started to do) as more of a protective stance to not become an easy target. I will be delving into other books like that to get an idea of the mindset and to enlighten my mind a bit.

[Torque]

I once had a colleague who worked as a Senior Consultant for IBM. He is about 7 years older than me and had been working for IBM for ~17 years. I would get together with him and another mutual friend about once every 2-3 months.

I always noticed how happy, relaxed and carefree the IBM consultant was. He was always smiling and laughing, and seemed to be ok with his job even though he would admit to us how soul crushing it was to work for IBM and how bored he was with his work. I couldn't believe how he could maintain such a happy attitude in the face of such a dismal work environment.

Then after a few years of knowing this guy, our mutual friend let me in on a little secret over a phone call. The IBM consultant's close family had won the Lotto about 10 years prior. Each family member (4-5 of them I believe it was) received the equivalent of $2 million dollars.

I said to him, "Well no fkn wonder he's always happy! He doesn't even need to work for IBM, he just does it for the benefits and to have something to do."

[BTCtrader71]

I'm frankly starting to get a new kind of trouble with where prices are going. Used to be I had to Do Stuff to Get Money from Others. Now I'm closing in on true financial independence. And I have no idea where to go from here.

Congrats. I reached that point too a while back. My whole life I spent my energy on working on making more money, college, personal sacrifice, business ventures, etc.

Now that I make more with bitcoin than anything else, and I don't really need to make any more money for the rest of my life (though more opens up possibilities) it changes my life goals.

Right now I go to work even though I don't need to. I have zero motivation, especially working for the military industrial complex. If it weren't for the fact that I have no stress at work and I work in a very relaxed atmosphere I would leave. Other people stress...but that is because they worry about their future careers. Though going to work is ok because it gives me a reason to get out of the house in the morning.

Even thinking about things I can do with my life outside of work it tends to come back to working on something...which tends to be something that makes money. I need to figure out how to balance working on something that doesn't drain my funds and productivity while not worrying about making money off of the venture. Like I want to help with this seasteading venture and can contribute in many ways such as running their network or developing some blockchain stuff for them, but I keep thinking that I would need to get paid to do something big like that. But a small salary would only be symbolic for me, and a big salary would not be feasible. And if I wanted a big salary I would just keep doing what I am doing now.

First world problems I suppose.

I have been reading The Will to Power by Nitchze to kind of get into the heads of the bigwigs that I might start mingling with (and have already started to do) as more of a protective stance to not become an easy target. I will be delving into other books like that to get an idea of the mindset and to enlighten my mind a bit.

Why would you need to get paid? Assuming you don't need any more money ... why hold yourself back from doing something that provides purpose to your life just because you're "supposed to" do it a certain way? Says who?

All the money in the world, without any sense of purpose ... may as well be dead.


 

[sirazimuth]

I'm frankly starting to get a new kind of trouble with where prices are going. Used to be I had to Do Stuff to Get Money from Others. Now I'm closing in on true financial independence. And I have no idea where to go from here.

Probably here.




But no matter what happens, never forget you're just another hairless monkey like all the rest.

coming from brit expat....(not quite hairless tho... i have plenty round the back that trap the dingleberries)
bitcoin pops (as usual) and queen on the shitter..  (   epic...saved to hd    )
once again, you made my day..  thanx m8 !

[bitserve]

What are you guys talking about?!?!

Reaching lifetime financial independence is the beginning,  not the end.

[TeeBone]

New ATH incoming, bitchez

[bitserve]

New ATH incoming, bitchez

Broken again.

622 BTC to $4000

[JimboToronto]

New ATH incoming, bitchez

done

[lnternet]

ATH across the board now (exchanges and currencies)

[bitserve]

This is reaching a point in which the short squeeze can be epic.

[Biro Bob]

That ATH was so 'one hour ago' - C'mon Bitcoin do something interesting!

[dakiller]

Raise the hand whoever is still waiting for $850

C'on, don't be shy.

When africoin posted

Guys

$800 is coming

And Vinny lingham indicator just confirmed sub $875

Sell your coins at the best price you can get

Prepare to buy lower

This is not a drill

It was $~1200 range an I got a 50% haircut.

Now my only strategy is

[img]https://s25.postimg.org/8075jaavz/download.jpg[img]

I did similar things back in 2013, and I'm at 30% of what I first had back in 2011.

Had I had my initial stash, I would be at my trigger point goals, selling large potions, taking 6 months off and building the family home, but for now I'm holding and waiting for $10k

[TeeBone]

Here we go, Opaaa

[Lauda]

Here we go, another ATH. Hopefully we hit $3600 today.

I underestimated this. Maybe $3800 - $4000 Monday target?

[jjacob]

What was the thing that showed the time of each doubling during the previous bubbles. Would be nice to see where we are in relation to those

Ok, I was overdue to do one of these since we have now convincingly taken out my targetted $3200-3600 range ... next doubling takes us to $6800-7200 region however the timescales are more relatively relaxed since we had that long pregnant pause around forking time, so in ~6 weeks maybe.

But this whole doubling in half the time thing has gotten quite out of whack so I'm not placing much faith in it, more of a watch and see and it might throw up some useful targets. It seems like there maybe something else going on here now, bigger forces are coming into play, maybe a larger scale mega-trend is re-establishing itself. At one point bitcoin price was reliably tenfolding about every 12-18 months and then the Gox blow-off and crash put that on hold and some very determined and deep-pocketed players did their best to stifle/sabotage/bad-mouth/usurp bitcoin for the following 2 years ... maybe we are going to go back the 10-folding growth? With some catching up to the old trend thrown in for good measure. We could be going vertical on the S-curve phase?

Interesting that masterluc has us breaking up above the existing exponential trend into a faster growth trend again.

10 fold growth again? That is crazy. If that happens, all those who sold when Bitcoin touched $2k will jump off a cliff.
The holders will be the real winners in this round.

[Asrael999]

Travelling on London Underground this morning, just seen an advert for cryptocurrency trading, first advert I've ever  noticed for cryptocurrency on public transport in London.

roll on 4K

[orpington]

Crazy price movement - hard to believe almost... almost