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Question: Feb. 28 Bitcoin Price:
<$7,000 - 7 (4.2%)
$7,000-$8,000 - 4 (2.4%)
$8,000-$9,000 - 5 (3%)
$9,000-$10,000 - 13 (7.8%)
$10,000-$11,000 - 24 (14.4%)
$11,000-$12,000 - 33 (19.8%)
$12,000-$13,000 - 17 (10.2%)
$13,000+ - 64 (38.3%)
Total Voters: 167

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 20168459 times)
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BitcoinNewsMagazine
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November 09, 2017, 03:44:56 PM


keeping up with the garzicks


That is remarkable for a wallet. Have to take a look at Samourai.
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Last of the V8s
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November 09, 2017, 03:47:47 PM

 Pontus Lindblom Retweeted
Blockchainlife‏ @Blockchainlife 12h12 hours ago

Sitcom The Big Bang Theory will dedicate a full episode on #Bitcoin in Season 11 Episode 9: "The Bitcoin Entanglement". Broadcasting November 30th on CBS with an estimated 14.2 million viewers. Bazinga! #BigBangTheory
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November 09, 2017, 03:48:47 PM

Digressing and OT I know, but the light pollution reminded me, in 2019 all electric cars in the EU must make a sound in slow speeds! what an moronic idea. When we finally made cars silent they force us to make them noisy again. And it's a very irritating sound too. A by law forced noise pollution.
https://youtu.be/p4cjPk8mqEM

EDIT: typos and stuff.

Typical EU bullshit. I'm still pissed about them fucking up the vape market. Fucking assholes. Sorry for OT.

Will this affect cars bought before 2019?
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November 09, 2017, 03:50:52 PM

As someone who bought their first Bitcoin in 2012 for $20,

Indeed, I can't help but laugh at all the thousands of newcomers who just read r/bitcoin and suddenly think they are scaling experts. That Bitcoin should be able to run a node on every Raspberry Pi in Afghanistan. Yada yada yada. This is psychologically manipulated groupthink. Let's face it - many of the people getting into Bitcoin today are "newbies" who weren't very smart or educated in the first place. But they all like to act like they are, ESPECIALLY when it comes to their opinions on the Blocksize debate - an opinion that was only formed through reddit. Oh boy do they love repeating those opinions, and screaming down anyone who disagrees, like a bunch of drunken fratboys who think they are about to lose their virginity. Only a very small minority are capable of using logic or reason.

It's both amusing and kind of sickening to watch happen.

Anyway, now that the dust has settled and the "1mb forever" crowd has won, Legacy Bitcoin will likely never scale in any meaningful kind of way - Meaning Legacy BTC will never be anything more than a speculator's toy to get rich, a gateway to altcoins and FIAT and a settlement layer.

However, I still fully expect the combined speculator and institutional investor money to take Legacy Bitcoin to 50 - 100K and beyond. However, it will become impossible to move coin at some point on the main chain , with $100+ fees, making a very large percentage of BTC wallets unspendable. At that point, the vast majority of Crypto users and commerce will have already moved to either Bitcoin Cash, Monero or Ethereum. In the long long run, 5+ years, I fully expect either Bitcoin Cash, Monero or Ethereum to become the #1 coin with the highest market cap. It's inevitable now that Bitcoin will never scale - and let's be honest, Lightning Network will either never exist or will never deliver as promised --- which means BTC is going to be stuck where it is now from the scaling perspective, with only a few band-aids thrown on top, likely forever -- unless the miners finally grow a pair, say enough is enough and stand up to the bought out Corporate shills at Blockstream, but I'm not holding out hope for that outcome at all.



Last of the V8s
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November 09, 2017, 03:53:40 PM


keeping up with the garzicks


That is remarkable for a wallet. Have to take a look at Samourai.

would love to know what you make of it
tbh have heard mixed reviews
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November 09, 2017, 03:56:04 PM

As someone who bought their first Bitcoin in 2012 for $20,

Indeed, I can't help but laugh at all the thousands of newcomers who just read r/bitcoin and suddenly think they are scaling experts. That Bitcoin should be able to run a node on every Raspberry Pi in Afghanistan. Yada yada yada. This is psychologically manipulated groupthink. Let's face it - many of the people getting into Bitcoin today are "newbies" who weren't very smart or educated in the first place. But they all like to act like they are, ESPECIALLY when it comes to their opinions on the Blocksize debate - an opinion that was only formed through reddit. Oh boy do they love repeating those opinions, and screaming down anyone who disagrees, like a bunch of drunken fratboys who think they are about to lose their virginity. Only a very small minority are capable of using logic or reason.

It's both amusing and kind of sickening to watch happen.

Anyway, now that the dust has settled and the "1mb forever" crowd has won, Legacy Bitcoin will likely never scale in any meaningful kind of way - Meaning Legacy BTC will never be anything more than a speculator's toy to get rich, a gateway to altcoins and FIAT and a settlement layer.

However, I still fully expect the combined speculator and institutional investor money to take Legacy Bitcoin to 50 - 100K and beyond. However, it will become impossible to move coin at some point on the main chain , with $100+ fees, making a very large percentage of BTC wallets unspendable. At that point, the vast majority of Crypto users and commerce will have already moved to either Bitcoin Cash, Monero or Ethereum. In the long long run, 5+ years, I fully expect either Bitcoin Cash, Monero or Ethereum to become the #1 coin with the highest market cap. It's inevitable now that Bitcoin will never scale - and let's be honest, Lightning Network will either never exist or will never deliver as promised --- which means BTC is going to be stuck where it is now from the scaling perspective, with only a few band-aids thrown on top, likely forever -- unless the miners finally grow a pair, say enough is enough and stand up to the bought out Corporate shills at Blockstream, but I'm not holding out hope for that outcome at all.

It's not about "1mb forever", it's about not fucking up the network due to forking without consensus and RP. I don't give a crap if the blocksize is 1 MB or 2 MB, just the way it was done.
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November 09, 2017, 03:56:40 PM

Pontus Lindblom Retweeted
Blockchainlife‏ @Blockchainlife 12h12 hours ago

Sitcom The Big Bang Theory will dedicate a full episode on #Bitcoin in Season 11 Episode 9: "The Bitcoin Entanglement". Broadcasting November 30th on CBS with an estimated 14.2 million viewers. Bazinga! #BigBangTheory

Awesome ! Plus they will probably adopt our enthusiasm for BTC which may deliver a good message to people
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November 09, 2017, 03:57:49 PM

. Yada yada yada.
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November 09, 2017, 03:59:13 PM

As someone who bought their first Bitcoin in 2012 for $20,

Indeed, I can't help but laugh at all the thousands of newcomers who just read r/bitcoin and suddenly think they are scaling experts. That Bitcoin should be able to run a node on every Raspberry Pi in Afghanistan. Yada yada yada. This is psychologically manipulated groupthink. Let's face it - many of the people getting into Bitcoin today are "newbies" who weren't very smart or educated in the first place. But they all like to act like they are, ESPECIALLY when it comes to their opinions on the Blocksize debate - an opinion that was only formed through reddit. Oh boy do they love repeating those opinions, and screaming down anyone who disagrees, like a bunch of drunken fratboys who think they are about to lose their virginity. Only a very small minority are capable of using logic or reason.

It's both amusing and kind of sickening to watch happen.

Anyway, now that the dust has settled and the "1mb forever" crowd has won, Legacy Bitcoin will likely never scale in any meaningful kind of way - Meaning Legacy BTC will never be anything more than a speculator's toy to get rich, a gateway to altcoins and FIAT and a settlement layer.

However, I still fully expect the combined speculator and institutional investor money to take Legacy Bitcoin to 50 - 100K and beyond. However, it will become impossible to move coin at some point on the main chain , with $100+ fees, making a very large percentage of BTC wallets unspendable. At that point, the vast majority of Crypto users and commerce will have already moved to either Bitcoin Cash, Monero or Ethereum. In the long long run, 5+ years, I fully expect either Bitcoin Cash, Monero or Ethereum to become the #1 coin with the highest market cap. It's inevitable now that Bitcoin will never scale - and let's be honest, Lightning Network will either never exist or will never deliver as promised --- which means BTC is going to be stuck where it is now from the scaling perspective, with only a few band-aids thrown on top, likely forever -- unless the miners finally grow a pair, say enough is enough and stand up to the bought out Corporate shills at Blockstream, but I'm not holding out hope for that outcome at all.





ETH will never be a number one coin. It's an applications on the blockchain tool and buggy at best.
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November 09, 2017, 04:00:36 PM

As someone who bought their first Bitcoin in 2012 for $20,

Indeed, I can't help but laugh at all the thousands of newcomers who just read r/bitcoin and suddenly think they are scaling experts. That Bitcoin should be able to run a node on every Raspberry Pi in Afghanistan. Yada yada yada. This is psychologically manipulated groupthink. Let's face it - many of the people getting into Bitcoin today are "newbies" who weren't very smart or educated in the first place. But they all like to act like they are, ESPECIALLY when it comes to their opinions on the Blocksize debate - an opinion that was only formed through reddit. Oh boy do they love repeating those opinions, and screaming down anyone who disagrees, like a bunch of drunken fratboys who think they are about to lose their virginity. Only a very small minority are capable of using logic or reason.

It's both amusing and kind of sickening to watch happen.

Anyway, now that the dust has settled and the "1mb forever" crowd has won, Legacy Bitcoin will likely never scale in any meaningful kind of way - Meaning Legacy BTC will never be anything more than a speculator's toy to get rich, a gateway to altcoins and FIAT and a settlement layer.

However, I still fully expect the combined speculator and institutional investor money to take Legacy Bitcoin to 50 - 100K and beyond. However, it will become impossible to move coin at some point on the main chain , with $100+ fees, making a very large percentage of BTC wallets unspendable. At that point, the vast majority of Crypto users and commerce will have already moved to either Bitcoin Cash, Monero or Ethereum. In the long long run, 5+ years, I fully expect either Bitcoin Cash, Monero or Ethereum to become the #1 coin with the highest market cap. It's inevitable now that Bitcoin will never scale - and let's be honest, Lightning Network will either never exist or will never deliver as promised --- which means BTC is going to be stuck where it is now from the scaling perspective, with only a few band-aids thrown on top, likely forever -- unless the miners finally grow a pair, say enough is enough and stand up to the bought out Corporate shills at Blockstream, but I'm not holding out hope for that outcome at all.




Remember that BTC already has 4mb capacity(segwit). It's just that companies and wallets sould use it.
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November 09, 2017, 04:03:06 PM

Digressing and OT I know, but the light pollution reminded me, in 2019 all electric cars in the EU must make a sound in slow speeds! what an moronic idea. When we finally made cars silent they force us to make them noisy again. And it's a very irritating sound too. A by law forced noise pollution.
https://youtu.be/p4cjPk8mqEM

EDIT: typos and stuff.



Will this affect cars bought before 2019?

No, not  as far as I know, but manufacturers may implement it early, so buy now.
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November 09, 2017, 04:08:42 PM

Pontus Lindblom Retweeted
Blockchainlife‏ @Blockchainlife 12h12 hours ago

Sitcom The Big Bang Theory will dedicate a full episode on #Bitcoin in Season 11 Episode 9: "The Bitcoin Entanglement". Broadcasting November 30th on CBS with an estimated 14.2 million viewers. Bazinga! #BigBangTheory

I've been waiting for a bitcoin episode, it always struck me as strange that those nerds wasn't into bitcoin.
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November 09, 2017, 04:16:26 PM

The price is still to sweet, calm before the storm of dumping ?
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November 09, 2017, 04:19:50 PM

Looks like us libertarian oldtimers are being overrun by leftist newbies.

Thanks Obama.
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November 09, 2017, 04:52:01 PM

unless the miners finally grow a pair, say enough is enough and stand up to the bought out Corporate shills at Blockstream, but I'm not holding out hope for that outcome at all.

if you want your goymoney you can have your goymoney.
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November 09, 2017, 04:56:19 PM

we blockchained some folks
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#free software


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November 09, 2017, 04:57:04 PM

As someone who bought their first Bitcoin in 2012 for $20,

Indeed, I can't help but laugh at all the thousands of newcomers who just read r/bitcoin and suddenly think they are scaling experts. That Bitcoin should be able to run a node on every Raspberry Pi in Afghanistan. Yada yada yada. This is psychologically manipulated groupthink. Let's face it - many of the people getting into Bitcoin today are "newbies" who weren't very smart or educated in the first place. But they all like to act like they are, ESPECIALLY when it comes to their opinions on the Blocksize debate - an opinion that was only formed through reddit. Oh boy do they love repeating those opinions, and screaming down anyone who disagrees, like a bunch of drunken fratboys who think they are about to lose their virginity. Only a very small minority are capable of using logic or reason.

It's both amusing and kind of sickening to watch happen.

Anyway, now that the dust has settled and the "1mb forever" crowd has won, Legacy Bitcoin will likely never scale in any meaningful kind of way - Meaning Legacy BTC will never be anything more than a speculator's toy to get rich, a gateway to altcoins and FIAT and a settlement layer.

However, I still fully expect the combined speculator and institutional investor money to take Legacy Bitcoin to 50 - 100K and beyond. However, it will become impossible to move coin at some point on the main chain , with $100+ fees, making a very large percentage of BTC wallets unspendable. At that point, the vast majority of Crypto users and commerce will have already moved to either Bitcoin Cash, Monero or Ethereum. In the long long run, 5+ years, I fully expect either Bitcoin Cash, Monero or Ethereum to become the #1 coin with the highest market cap. It's inevitable now that Bitcoin will never scale - and let's be honest, Lightning Network will either never exist or will never deliver as promised --- which means BTC is going to be stuck where it is now from the scaling perspective, with only a few band-aids thrown on top, likely forever -- unless the miners finally grow a pair, say enough is enough and stand up to the bought out Corporate shills at Blockstream, but I'm not holding out hope for that outcome at all.






you sound butthurt like trying to equate blocksize with scaleablity  Cool 1mb (or less) works fine for now~you mad bro?
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November 09, 2017, 05:18:16 PM

shit guys we better up our game this is what we're up against

Chef Ramsay
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November 09, 2017, 05:19:47 PM

The price is still to sweet, calm before the storm of dumping ?
Likely, it'll be annoying but we'll bounce back in a few weeks/month for higher ground. In the mean time, expect alts to keep raging in the green. Lots of small-time, new money coming and they're attracted to smaller cap coins/tokens - especially the ones that offer utility for passive income. Populous and Veritaseum are gonna be some titans coming up.
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November 09, 2017, 05:38:50 PM

unless the miners finally grow a pair, say enough is enough and stand up to the bought out Corporate shills at Blockstream, but I'm not holding out hope for that outcome at all.

if you want your goymoney you can have your goymoney.

WTF is goymoney?

Are you daft?

Bitcoin could have been the #1 and solved all the problems. Instead, it retards itself to 6 tp/s and has been taken over by the likes of Adam "I invented Bitcoin" Back, Gregory Maxwell the Wikipedia troll and Luke "I think the Sun revolves around the Earth" junior. Literally a trio of Retards, at the end of the day they are nothing more than useful idiots who receive their paychecks directly from the Banksters that Bitcoin was invented to destroy. They will go down in history as Liars, shills and idiots who held back Crypto's potential for years and forced the rise of altcoins and bitcoin cash. Oh well. I guess it doesn't matter - We are going to win anyway.
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