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

[bitserve]

He only bought 25000 BTC? Or is it just his first purchase?

What really upsets me is not that he shills Bcash over Bitcoin, he has every right to do it.... but blatantly lying with things like "hundreds of dollars fees" or delays even for weeks?

Yes, and it appears his friend, Jihan Wu is sticking it to the people using their Hashnest cloud mining. They set a really lowball fee for BTC withdrawals, so it is taking days for people's withdrawals to finally get confirmed. It appears Bitmain's response to a support ticket is that their transaction fee is fixed at 20,000 sats.

https://bitcointalk.org/index.php?topic=766448.5104

Also, look what "signal" Bitcoin.com pool(operated by Ver) is putting out, lately, to the blocks they mine for BTC.
    

/pool.bitcoin.com/Use/Bitcoin/Cash/

Shame...

This shit only made some sense if Ver didn't have a significant amount of BTC anymore. WHat if he doesn't? Now it seems he only bought 25000BTC... maybe he was selling many on the rise up... also converted a lot to other currencies he has been blatantly shilling for (dash, eth, ...). Being a Kitinian Nevisian (or whatever that tax paradise is named) maybe, having to pay almost no taxes, he also sold a lot and converted to fiat and other traditional investments....

Who knows.... maybe he isn't even a Bitcoin whale anymore?

No, really, there are people on this thread that once had much more than 25000BTC and now they don't anymore. Why are we always assuming he still have more than 100K BTC when we aren't even sure he ever had that amount?

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[Gab0]

Yes, and it appears his friend, Jihan Wu is sticking it to the people using their Hashnest cloud mining. They set a really lowball fee for BTC withdrawals, so it is taking days for people's withdrawals to finally get confirmed. It appears Bitmain's response to a support ticket is that their transaction fee is fixed at 20,000 sats.

Or maybe the problem is that the network is about to collapse. There is tx with 20 dollars in fees that took hours or even days to confirm.
In the forum there are more and more comments on the same subject. But no, here you want to hide the elephant blaming the same guys as always, repeating the same arguments. Jihan is to blame, Roger is to blame, spam attacks are to blame.

Is that nobody here is able to see it? Will they continue to act as if nothing happens, even if the transactions cost $ 50 or $ 100?

When will it be more expensive to send a transaction than to maintain a node?

[jojo69]

Yes, and it appears his friend, Jihan Wu is sticking it to the people using their Hashnest cloud mining. They set a really lowball fee for BTC withdrawals, so it is taking days for people's withdrawals to finally get confirmed. It appears Bitmain's response to a support ticket is that their transaction fee is fixed at 20,000 sats.

Or maybe the problem is that the network is about to collapse. There is tx with 20 dollars in fees that took hours or even days to confirm.
In the forum there are more and more comments on the same subject. But no, here you want to hide the elephant blaming the same guys as always, repeating the same arguments. Jihan is to blame, Roger is to blame, spam attacks are to blame.

Is that nobody here is able to see it? Will they continue to act as if nothing happens, even if the transactions cost $ 50 or $ 100?

When will it be more expensive to send a transaction than to maintain a node?

dude

nobody cares

$20?  WTAF?  $50...$100 who cares?

Will I gladly pay a $100 fee on a $100,000 transaction?

ALL

DAY

LONG!

and twice on Sundays

BTC is not for pissant transactions, get it through your head...jesus

[JayJuanGee]

The meme and word "HODL" came from a misspelling of "hold" posted in a whiskey fueled rant four years ago this month in 2013 on BitcoinTalk. Sellers were panic selling as the market crashed from $900 to $700. HODL was good advice.

https://twitter.com/brucefenton/status/940205591951179776

Actually...

https://bitcointalk.org/index.php?topic=375643.0;topicseen

I was on that night, GameKyuubi was hilarious.

I keep that thread "marked as unread" so I can go back anytime and laugh my ass off all over again.

Have never realised I was the first person to LOL at HODL 

This is how mainstream we are now.

A few days ago someone on my facebook list, non crypto, not BTCT member said we should "HODL!"     zomg

woah, just noticed that I am in the top ten of people ever that were hodling.

it was a fucking scary night. virtual wealth imploded. all we had left was to laugh. and boys, we had no clue about the following multiyear drought.

Even though I did not post in that thread because I did not register a BCT account until February 2014, I was in the beginnings of accumulating bitcoin during that period, so yeah.. quite dramatic.. to be ACCUMULATLing during that multi-year period of drought.  Actually, I never sold one bitcoin between November 2013 and October  2015 that I did not replace within a day or two.

[arklan]

moved my 0.002 from bitstamp to virwox (and then to paypal... easier way, anyone?) earlier. it got lumped in a transaction totalling 254 BTC and change. the fee was about 250 bucks. on a transaction valued in the millions, which included even my little 30 bucks.

there are ways to move money that do not cost insane amounts. bitcoin is one of them.

[HairyMaclairy]

More pressure from the SEC on ICOs:

https://www.sec.gov/news/public-statement/statement-clayton-2017-12-11

[Rosewater Foundation]

Or maybe the problem is that the network is about to collapse.

[HairyMaclairy]

Holy cow.  Litecoin up another 67%.  I remember when it was $2.

[lightfoot]

You can thank me for that: I sold 10LTC this morning for $170 or ao.

Enjoy!

[gentlemand]

Hmm. I seem to remember LTC pumping stunningly shortly after BTC then it went down by 98%. I do hope history is choosing not to repeat.

[bitserve]

Hmm. I seem to remember LTC pumping stunningly shortly after BTC then it went down by 98%. I do hope history is choosing not to repeat.

Hope so. Times have changed... or maybe not.

Satoshilite is hilarious: https://twitter.com/SatoshiLite/status/940353265585160192

Pump stopped and drop a bit after that tweet... And a while later it resumed for an additional 20% now.

[Dotto]

We have arrived.

[Makka]

You can thank me for that: I sold 10LTC this morning for $170 or ao.

Enjoy!

Lol! It is worth $240 at the moment. Are people starting to relocate to LTC before CME day starts? I am curious what happens to Bitcoin in the first few days.

[JayJuanGee]

Bitcoin isn't a stock. You all are missing the big picture. This is mainstream adoption.

Although many have heard of Bitcoin, the last man/woman/gender-neutral is not in. Not by a long shot.

We gots ourselves about 1% of the world-wide population if we are lucky.

There could be pockets of the world that have up to 10% (such as technical circles), perhaps, but I am doubting that too.

[Gab0]

Yes, and it appears his friend, Jihan Wu is sticking it to the people using their Hashnest cloud mining. They set a really lowball fee for BTC withdrawals, so it is taking days for people's withdrawals to finally get confirmed. It appears Bitmain's response to a support ticket is that their transaction fee is fixed at 20,000 sats.

Or maybe the problem is that the network is about to collapse. There is tx with 20 dollars in fees that took hours or even days to confirm.
In the forum there are more and more comments on the same subject. But no, here you want to hide the elephant blaming the same guys as always, repeating the same arguments. Jihan is to blame, Roger is to blame, spam attacks are to blame.

Is that nobody here is able to see it? Will they continue to act as if nothing happens, even if the transactions cost $ 50 or $ 100?

When will it be more expensive to send a transaction than to maintain a node?

dude

nobody cares

$20?  WTAF?  $50...$100 who cares?

Will I gladly pay a $100 fee on a $100,000 transaction?

ALL

DAY

LONG!

and twice on Sundays

BTC is not for pissant transactions, get it through your head...jesus

I'm sorry, but I can not understand it. I do not understand the logic behind that.
I know that it is very annoying to quote Satoshi, but his original idea was that anyone could make a transansation with another, without the need of a third party; He even talked about small payments. I understand that his words are not absolute truths, and that he may also have made mistakes, but, that is far from wanting to convert bitcoin into a tool of a new plutocracy, in a type of money that only new oligarchs can use. That's what I have trouble understanding.
And maybe they are right, maybe it does not collapse, and we see the birth of a new economy and oligarchy, but not different from the previous ones in ethical terms.

[JimboToronto]

Did we just double top? Isn't that bad?

No. We did not just double top.

Looking at Stamp, I see the previous top at $16667. The new top is $17270.

That's a difference of over $600, far from being a double top.

[Paashaas]

Haha, Roger says it costs $50 to send a $20 transaction. More lies and deception.

Karma will be a real bitch for Roger after all those lies. He will pay for it in time.

[windjc]

Yes, and it appears his friend, Jihan Wu is sticking it to the people using their Hashnest cloud mining. They set a really lowball fee for BTC withdrawals, so it is taking days for people's withdrawals to finally get confirmed. It appears Bitmain's response to a support ticket is that their transaction fee is fixed at 20,000 sats.

Or maybe the problem is that the network is about to collapse. There is tx with 20 dollars in fees that took hours or even days to confirm.
In the forum there are more and more comments on the same subject. But no, here you want to hide the elephant blaming the same guys as always, repeating the same arguments. Jihan is to blame, Roger is to blame, spam attacks are to blame.

Is that nobody here is able to see it? Will they continue to act as if nothing happens, even if the transactions cost $ 50 or $ 100?

When will it be more expensive to send a transaction than to maintain a node?

dude

nobody cares

$20?  WTAF?  $50...$100 who cares?

Will I gladly pay a $100 fee on a $100,000 transaction?

ALL

DAY

LONG!

and twice on Sundays

BTC is not for pissant transactions, get it through your head...jesus

I'm sorry, but I can not understand it. I do not understand the logic behind that.
I know that it is very annoying to quote Satoshi, but his original idea was that anyone could make a transansation with another, without the need of a third party; He even talked about small payments. I understand that his words are not absolute truths, and that he may also have made mistakes, but, that is far from wanting to convert bitcoin into a tool of a new plutocracy, in a type of money that only new oligarchs can use. That's what I have trouble understanding.
And maybe they are right, maybe it does not collapse, and we see the birth of a new economy and oligarchy, but not different from the previous ones in ethical terms.

The problem is, the world is one of INSTANT GRATIFICATION. People like you are not patient. Right now BTC is not good as a means of micro transactions. It is better as a store of wealth.

Give bitcoin another 5+ YEARS.  The internet was not built in a day.

There are very few people in the world that don't want to see bitcoin be able to be used as all sorts of things. But its going to take time.

If you are so impatient that you can't wait, go invest all your money in some altcoin and pray they can figure it all out more quickly for you.

[Paashaas]

The price went to another ATH $17000+

$20k before X-Mass?

[Rosewater Foundation]

Did we just double top? Isn't that bad?

No. We did not just double top.

Looking at Stamp, I see the previous top at $16667. The new top is $17270.

That's a difference of over $600, far from being a double top.

Ok. Well good then.