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

[jbreher]

ETH is not a shitcoin by any means.

With no defined emission schedule, ETH isn't even a coin.

Because the people who are screaming that fees are too high are 99.99% primarily day traders or brokers,

Makes no sense. Would not day traders and brokers have all their funds on exchange? If so, high fees are no concern of theirs.

Gay cowboy finally pulls trigger. It's harder than it seems.

I feel like there's a joke in there somewhere...

I chortled...

Incidentally... congrats Bob - long as you didn't shoot your whole wad. XD

(by the way, I still would have Tera the beara and jbreher the picnic food eater to talk with.... hahahahahahaha... )

Alas, 'tis true. I don't believe that I have any regular WO participant on ignore. And for whatever attractive attributes JJG may have, he certainly possesses the flaw of being an interminable WO participant. Of course, I kinda drift off mid-JJG-post from time to time...

I don't give a ratt's ass.

Hmm. Ratt with two 't's'. Unrepentant '80's hair metal devotee?

maybe except for a full node on an ofline computer

What most refer to as a 'full node' is a non-mining, fully-validating wallet. By definition, these must be online. Lest they be unable to validate.

[TERA2]

What btc crash? It's still only down 30% from ATH. Have you ever seen a btc crash? This is nothing. This is only the preamble before the crash.

[Peter R]

Why is the price going down? 

Doesn't the entire world want BTC, the money of the future?

Money that you cannot spend, or transfer to a friend, or experiment with, or really do anything with except HODL and make memes about future lambos. 

Lightning Network is coming any day now and then fees will be low and merchant adoption will sky rocket! 

Except that LN doesn't even work in theory and even ignoring that it would still takes years to bootstrap an entirely new network because that's what LN is -- an independent network to bitcoin.

[TERA2]

There will be a solution to the scaling issue. I don't think it's going to be lightning network OR a blocksize increase. It will be using a new algorithm and turning the chain into a tree/sharding. There will be something. I dont care if I have to code it myself. It's not like we're locked into this crappiness.

[explorer]

There will be a solution to the scaling issue. I don't think it's going to be lightning network OR a blocksize increase. It will be using a new algorithm and turning the chain into a tree/sharding. There will be something. I dont care if I have to code it myself. It's not like we're locked into this crappiness.

LOL  no, not at all.  Change is what it's all about!  Just don't blink...  Blockstream has your back, man.

[fabiorem]

There will be a solution to the scaling issue. I don't think it's going to be lightning network OR a blocksize increase. It will be using a new algorithm and turning the chain into a tree/sharding. There will be something. I dont care if I have to code it myself. It's not like we're locked into this crappiness.

Hashgraph? YouTube bot is always indicating videos about it to me, but I never care to watch some.

[jojo69]

I think Hairy had it right the other day; it is a scaling arms race and NO ONE has it solved yet.

[JayJuanGee]

(by the way, I still would have Tera the beara and jbreher the picnic food eater to talk with.... hahahahahahaha... )

Alas, 'tis true. I don't believe that I have any regular WO participant on ignore. And for whatever attractive attributes JJG may have, he certainly possesses the flaw of being an interminable WO participant. Of course, I kinda drift off mid-JJG-post from time to time...

Yep.  It's not like we actually love each other.   We just tolerate.       So, right now, I am going to "tolerate" you by not saying anything further.   

I don't give a ratt's ass.

Hmm. Ratt with two 't's'. Unrepentant '80's hair metal devotee?

I think so... whether subliminal or conscientiously.      

[HairyMaclairy]

So far as I can tell, hashgraphs are a fucking mess.  No one can explain to me how you defend against double spend attacks.  And no one can decently explain how they handle block size bloat without invoking pruning which means you either have a worse double spend attack or you are a Ripple. 

[gentlemand]

So far as I can tell, hashgraphs are a fucking mess.  No one can explain to me how you defend against double spend attacks.

The little that I can tell is that they're fine for private chains. Not sexy for public ones.

[JayJuanGee]

What btc crash? It's still only down 30% from ATH. Have you ever seen a btc crash? This is nothing. This is only the preamble before the crash.

A "crash" that may or may not happen.


She be having some troubles breaking below $13k (and even staying below $13k, once broken).... Go figure!!!!    

[bitserve]

Are we crashing upwards again? This is confusing, isn't it?

A full month continually crashing and we are only a few thousands below ATH. Yeah.

[cAPSLOCK]

Why is the price going down? 

Doesn't the entire world want BTC, the money of the future?

Money that you cannot spend, or transfer to a friend, or experiment with, or really do anything with except HODL and make memes about future lambos. 

Lightning Network is coming any day now and then fees will be low and merchant adoption will sky rocket! 

Except that LN doesn't even work in theory and even ignoring that it would still takes years to bootstrap an entirely new network because that's what LN is -- an independent network to bitcoin.

Your passive aggressive sarcastic tone is very endearing.  I just bought some BCASH because of it.  Hey look. I can do it too... fun.

[HairyMaclairy]

Are we crashing upwards again? This is confusing, isn't it?

A full month continually crashing and we are only a few thousands below ATH. Yeah.

We are bottoming. If not this week, then next week.  I’ll eat my hat if we are still bumping $12k in late January.

Peter R:  take your shitty altcoin somewhere else.  Maybe the Ripple fools will buy it.

[bones261]

Are we crashing upwards again? This is confusing, isn't it?

A full month continually crashing and we are only a few thousands below ATH. Yeah.

We are bottoming. If not this week, then next week.  I’ll eat my hat if we are still bumping $12k in late January.

Peter R:  take your shitty altcoin somewhere else.  Maybe the Ripple fools will buy it.

Well, let the big blockers try to scale to Visa on chain and be decentralized.   I  can't wait until they hardfork Bitcoin Cash and get rid of the limit on block size. I'll back up my whole Itunes library on the Bitcoin Cash blockchain for pennies.  

[Searing]

What btc crash? It's still only down 30% from ATH. Have you ever seen a btc crash? This is nothing. This is only the preamble before the crash.

now you went and done it..with the above quote and me always selling on the low (to pay bills and the taxman) we've both jinx'd it for sure

[realr0ach]

crash

btc crash?

so hard

mt-gox-like activity

[Neo_Coin]

Anyone who invests in cryptocurrency knows that on any given day, the value of their investment could plummet. You’re up 10% one moment and down 15% just minutes later. Volatility often feels like a wild roller coaster ride and, unfortunately, there can be steep valleys referred to as FUD: fear, uncertainty and doubt. As soon as people see bad media coverage or a sudden downswing, panic selling can ensue out of fear that they’ll lose their money.

Which leads to the opposite phrase: BTFD or buy the f***ing dip. When people are scared, it’s the right time to buy. As the saying goes, buy low and sell high.

[Neo_Coin]

Many skeptics have completely missed the boat on becoming a bitcoin or crypto millionaire. These are the types who keep warning family and friends that the industry is Tulip Bubble 2.0.

But each day, there are more believers. FOMO refers to fear of missing out, thus you find more people stepping outside of their comfort zone and buying cryptos. One side-effect of FOMO is that you often lose hours of sleep researching various tokens and setting up wallets.
 

[Enjel]

Ok, so box is just geek for computer, and broadcast is just geek for send, and signing is still a mystery to me.
We do not speak the same language obviously.
How a turned of phone is less secure than a computer that you geeks run all the time is also a mystery to me.
I have no problem what so ever with having my coins on a phone, you are just way to afraid of ghosts.

two things;

You actually think a phone is ever turned off?

And no, an online computer is no more secure than a phone...that is what the offline computer is for.

I used to hold a decent portion of my bitcoins in my blockchain.info wallet that was paired to my phone.  However, when BTC prices went from about $700 to $2,500 I began to become quite nervous about how much value that represented.  It took me a little while to change around my security and to move a considerable amount of that value to off-line solutions (mostly hardware wallets). 

The other thing that I noticed was that I had some value that was fairly insecure, and I was not really thinking about it too much because maybe it had represented less than $500 during the sub $700 BTC prices period - but then all of a sudden, those funds became real value and even caused me some worry to make sure that I secured them and then ultimately transfered a decent portion of those previous "crumbs" to largely off-line solutions.

I just want to say that this represents my frame of mind too... just a little while ago, I had money that wouldn't mind throwing around, and didn't care if I lost it all.. and I just invested without a care in the world (doing due research of course, but not stressing over it that much).

Now that I have an amount which I consider actually substantial, I worry all the time about "the next 90% crash" and stuff, and losing it all.