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

[Meuh6879]

Are you sure there is 114 000 nodes with the 1Mb size/4Mb ? (I run ONE, but I wil upgrade)

Yes.

[1714647670]

1714647670

[1714647670]

1714647670

[1714647670]

1714647670

[1714647670]

1714647670

[Meuh6879]

I think, if SIDECHAINS is not working then we must increase block size limit. ... I'm big FAN of SIDECHAIN.

so, you run a P2Pool server ... ?
no ... ?
so, you don't understand the work on the sidechain (and the fork need to push new revision and ban/reject outdated nodes).

[Meuh6879]

Already ... finished ? 

[rjclarke2000]

What's this bullshit about bitcoin investment trust throwing btc out the window and considering bcash?

Just skim read something on Reddit.

[600watt]

What's this bullshit about bitcoin investment trust throwing btc out the window and considering bcash?

Just skim read something on Reddit.

yeah where´s dat fud with no link? 

[bitserve]

What's this bullshit about bitcoin investment trust throwing btc out the window and considering bcash?

Just skim read something on Reddit.

Wut??

[rjclarke2000]

What's this bullshit about bitcoin investment trust throwing btc out the window and considering bcash?

Just skim read something on Reddit.

yeah where´s dat fud with no link?  

https://www.reddit.com/r/BitcoinMarkets/comments/72xqde/comment/dnmalpm?st=J84ER4F6&sh=bf05a3d9


I'm not the fudster here guys. I haven't even clicked the link. I just partially read the comment and then saw a little dip. Don't gang up on me!!!

[fragout]

So whats caused all the spam in the mempool?- no prizes.

The spam outputs, generated by the first four waves of fan-out transactions, had been starting to move since autumn of 2015 — sort of. Whoever controlled these addresses had been broadcasting transactions to spend these outputs over the network. However, for a long time, miners did not include these “spam broadcasts” in their blocks; the transactions were ignored.

Up until the second half of 2016, that is. At a very specific point in time, a group of seven mining pools started to suddenly accept these spam broadcasts and include them in the blocks they mined: 1-Hash, Antpool, BitClub Network, BTC.com, HaoBTC, KanoCKPool and ViaBTC.

Full article - https://bitcoinmagazine.com/articles/curious-case-bitcoins-moby-dick-spam-and-miners-confirmed-it/

[Torque]

Wall Street analyst unleashes on Jamie Dimon and everyone else calling bitcoin a fraud
http://www.businessinsider.com/bitcoin-price-bubble-tulips-2017-9

"If one describes Bitcoin as a fraud, how would one describe a ‘financial cloud’ that is at least 4x-5x larger than the underlying economies? It is unlikely that US$400 trillion+ of financial instruments circulating around the world would ever be repaid and most are now backed by assets that are already either worthless or are diminishing in value. How does one describe rates and the yield curve that are either directly determined by CBs (BoJ or PBoC) or heavily influenced by them (Fed or ECB)? People living in glass houses should not throw stones."

[Arriemoller]

like BCH ... not new.

like Bitcoin Classic ...
like Bitcoin XT ...
like Bitcoin Unlimited ...

Bitcoin Millennial Edition? Bitcoin Vista?

 

Bitcoin 3.1.






Because its true to Satoshi vision.

Bitcoin 97, with a built in Ctrl Alt Delete button.

[RejectedBanana]

The last 10 floor to floor Bitcoin doublings since Nov 2012.

Average doubling time: 6 months
Shortest doubling time: 1 month ($20 to $40)
Longest doubling time: 18 months ($80 to $160)

The Mt Gox bubble is clearly disruptive to trend. Since recovery, doubling times have only accelerated. This kind of hyperbolic growth is typical of a technological singularity. Think color tv, mobile phones, or the Internet.

At this scale, it's really hard to see the recent hardfork or China FUD having much of an impact at all.

https://bitcointalk.org/index.php?topic=2203360.0

This feels very f'-ing fancy! .. Also.. I don't know if you know this.. But your chart predicts 10500$+ în 3-4 months.

Let's project! If we assume an average doubling rate of 6 months, then the price floor should remain above:

$5120: Jan 2018
$10,240: July 2018
$20,480: Jan 2019
$40,960: July 2019
$81,920: Jan 2020

We may touch $10,000 in 3 or 4 months as an ATH, but it may take another couple months to form a new floor. I wouldn't be surprised if doubling rates slowed down to maybe a year+ after $10,000, though. It's mind-boggling and eye-watering to conceive it's even possible. But this long-term doubling trend has so far survived all kinds of FUD, hacks, and Bitcoin obituaries and only appears to be gaining resilience as adoption increases.

[Arriemoller]

The last 10 floor to floor Bitcoin doublings since Nov 2012.

Average doubling time: 6 months
Shortest doubling time: 1 month ($20 to $40)
Longest doubling time: 18 months ($80 to $160)

The Mt Gox bubble is clearly disruptive to trend. Since recovery, doubling times have only accelerated. This kind of hyperbolic growth is typical of a technological singularity. Think color tv, mobile phones, or the Internet.

At this scale, it's really hard to see the recent hardfork or China FUD having much of an impact at all.

https://bitcointalk.org/index.php?topic=2203360.0

This feels very f'-ing fancy! .. Also.. I don't know if you know this.. But your chart predicts 10500$+ în 3-4 months.

Let's project! If we assume an average doubling rate of 6 months, then the price floor should remain above:

$5120: Jan 2018
$10,240: July 2018
$20,480: Jan 2019
$40,960: July 2019
$81,920: Jan 2020

We may touch $10,000 in 3 or 4 months as an ATH, but it may take another couple months to form a new floor. I wouldn't be surprised if doubling rates slowed down to maybe a year+ after $10,000, though. It's mind-boggling and eye-watering to conceive it's think its even possible. But this long-term doubling trend has so far survived all kinds of FUD, hacks, and Bitcoin obituaries and only appears to be gaining resilience as adoption increases.

Well the price has doubled every four months this year, so 10 000 seems like the next logical step.
And I see no reason why the rate of increase should slow down next year, If anything, the forces behind the rise will be even stronger next year. 80 000 by the end of next year is not impossible IMHO. There might very well be an even higher increase as well.

[Wekkel]

80 000 by the end of next year is not impossible [...]

I like people who predict BIG 

[JimboToronto]

Good morning Bitcoinland.

I see we had a nice little correction after yesterday's decent rise... currently $4165USD/$5195 (Bitcoinaverage). That's still up on the day.

AltCash is hanging in, also up a smidgen at $459USD/$572CAD (Coinmarketcap). Back in #3 ahead of Rip(off)ple.

Let's keep this uptrend smooth, steady and not too fast, but not too slow either.

[rjclarke2000]

Now we are in a thread where we can be a little off topic I thought I would mention I have come home from work and had a nice shower, put some clean clothes on and feel good.

My wife says ok, one has the kids and the other does dinner. Of course I opted for kids, I hate doing dinner. I then ask my 2 yr old to go into the living room and I then pick up my 1 month old baby boy.....


He then projectile vomits 3 times all over me. We are both totally covered and I mean absolutely drenched.

I had 2 options and I should have chosen dinner.

[Ludwig Von]

Now we are in a thread where we can be a little off topic I thought I would mention I have come home from work and had a nice shower, put some clean clothes on and feel good.

My wife says ok, one has the kids and the other does dinner. Of course I opted for kids, I hate doing dinner. I then ask my 2 yr old to go into the living room and I then pick up my 1 month old baby boy.....


He then projectile vomits 3 times all over me. We are both totally covered and I mean absolutely drenched.

I had 2 options and I should have chosen dinner.

You had both choices at once... .

[d_eddie]

My wife says ok, one has the kids and the other does dinner. Of course I opted for kids, I hate doing dinner. I then ask my 2 yr old to go into the living room and I then pick up my 1 month old baby boy.....


He then projectile vomits 3 times all over me. We are both totally covered and I mean absolutely drenched.

I had 2 options and I should have chosen dinner.

The joys of parenthood, Part 2. Vomit shower comes after sleep deprivation. The greatest joys come when the child ascends to teenager status. These will be fond memories.

Cynical? Who - me?  

Cooking isn't that bad. It can be fun, actually.

[Dabs]

I cook chicken. I got a deep fryer for that.

1. Put oil in deep fryer, plug (to turn on)
2. Get chicken, coat breading or whatever
3. Put chicken in deep fryer
4. Wait 5 or 6 minutes
5. Unplug deep fryer, wait 1 minute, scoop up the chicken.

I feed two kids, 4 and 5 year old.

[bitserve]

Children are not good investment.

[Dabs]

Children are not good investment.

They have the biggest return on investments. Calculate how much you spend on each child. Some families have 5 or 6. 20 to 30 years later, they each make maybe 50k per year so 300k total, if you took care of them. More if they are smarter than you. Not counting all the fun you should have had all that time, (and all the problems too, of course.)

If you live to be a grand parent, well, they say they have the greatest joys... 10+ grand kids who you don't have to take care of at night, just play with them during the day. Unless you're still supporting your children (and grandchildren) because they suck. Well, that's partially your fault.