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

[vroom]

Thanks, HairyMaclairy!

I was shooting heroin and reading “The Fountainhead” in the front seat of my privately owned police cruiser when a call came in. I put a quarter in the radio to activate it. It was the chief.

“Bad news, detective. We got a situation.”

(snip)
...

Acknowledgements to /u/shichyah1 on Reddit

I enjoyed this. A Neal Stephenson flavored quickie.

Lightning node how to:  https://medium.com/@dougvk/run-your-own-mainnet-lightning-node-2d2eab628a8b

Yay! Another quality post. I wonder why every LN howto I've come across involves cloud computing. Is building and running a LN node on a consumer grade box/connection unrealistic? It doesn't look that bandwidth-hungry, at least for now. More or less like a moderately active Tor Browser session, likely?

no cloud needed. cloud is not even mentioned in this tutorial. install docker on your linux system and run the commands from the tutorial.

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[HairyMaclairy]

Roached....

[ivomm]

So curious Where btc Will be standing half of februari

Just hope its Going to smack all the nocoiners So hard in the face with a big fat green dildo straight to ATH

Can’t stand those naysayers anymore ..., they Just don’t get iT ... as same for the Guy’s coming in to make quick cash .... those Guy’s whiteout long term vision pffff

What we need now is a slow steady growth like March-June 2017, when it started below 1000 and reached 3000. In February BTC will reclaim the 15-20K $ range.  I would not be surprised if  in June we reach 45000$. I'm also curious where BTC will be at the end of 2018? And in 5 years from now? Millions of new users are buying and learning to hodl BTC, so at one point the demand will be much higher than the supply. It's a matter of time only to see another 20 fold increase. As we all know currently the supply is only 16.8 mil, of which 25% are lost forever. Another 25-50% is owned by permanent hodlers, so we have only 6-8 mil in circulation. This is the amount traded in all exchanges in January, and some of it for sure went into holders hands, who will wait for at least 5 fold increase.

[gentlemand]

Roached....

Incredible how potent bitterness and self delusion is. This geezer may have a point, I don't really care, but he must've put in thousands of hours by now to justify that one action to himself.

[d_eddie]

Yay! Another quality post. I wonder why every LN howto I've come across involves cloud computing. Is building and running a LN node on a consumer grade box/connection unrealistic? It doesn't look that bandwidth-hungry, at least for now. More or less like a moderately active Tor Browser session, likely?

Thanks for the props.  I think it’s the requirement for an “always online” connnection. Just easier with cloud.  

Don’t ask me to explain what happens if your node goes offline.  I don’t know.

I do, at least qualitatively.

In Alice's absence, some malicious counterparty (say, Bob) might try to cheat by broadcasting a previous channel state to undo his latest spend. However, if Alice - or anyone else, for that matter - notices and broadcasts the legitimate, later state as signed by both Alice and Bob, cheater Bob loses everything and the whole channel amount is forfeited to Alice. So you either have to stay online or hire some bounty hunter to patrol the network while you're away. Of course, the hunter gets a piece of the cake.

The deadline for catching such cheating is one week. I believe a bounty hunter market will arise, with aggressive price competition. In principle, it should be possible to hire a multitude of hunters. The first to out the perp wins. No single hunter needs to be online 24/7, as long as there are enough of them (including Alice herself).

[d_eddie]

(snip)

Lightning node how to:  https://medium.com/@dougvk/run-your-own-mainnet-lightning-node-2d2eab628a8b

Yay! Another quality post. I wonder why every LN howto I've come across involves cloud computing. Is building and running a LN node on a consumer grade box/connection unrealistic? It doesn't look that bandwidth-hungry, at least for now. More or less like a moderately active Tor Browser session, likely?

no cloud needed. cloud is not even mentioned in this tutorial. install docker on your linux system and run the commands from the tutorial.

Well, cloud isn't mentioned explicitly, but Digital Ocean is.
I'll try the homespun solution, install docker and all.
Thanks vroom!

[philip2000uk]

I suppose anything is possible. Nobody thought it would go to 6 cents in April but it did.

Why can't we do that with $1 Mill  Ok everyone sell for $1 mill 

[Zicore47]

I suppose anything is possible. Nobody thought it would go to 6 cents in April but it did.

Shhh we don't talk about glitches in the matrix.

[Dotto]

Kaboom

[mindrust]

Going back to below $10k This doesn't look good. Since $19k we are in a giant bear run. Whenever it starts to go up, someone doesn't let it happen. Might go as low as $5-8k.

Still not willing to sell though. Sell=Never.

Crypto always surprises me.

[Maicol792]

It's time to buy my friends  

[bitcoinvest]

buy people!!! put money on the hole we have in front of us!! keep the matrix running hohohoho just kidding this up and down driving me crazy

[d_eddie]

It's time to buy my friends  

My lowest limit buy is still unfilled, but if 10k breaks down it might go through.
As soon as the stock market opens, I'm gonna eat a moderate loss on some underperforming stock and try to get myself some more cheap coins.

[mike4001]

I hope all people screaming "buy" are right.

We are in a constant decline for 30 days now and I don't see any good news why this should change anytime soon.

I still won't sell my Bitcoins but I don't think it's wise to invest any more money right now.

[vroom]

I hope all people screaming "buy" are right.

We are in a constant decline for 30 days now and I don't see any good news why this should change anytime soon.

I still won't sell my Bitcoins but I don't think it's wise to invest any more money right now.

mempool is clearing, lightning is active on mainnet and segwit adaption is increasing. this should be big and good news.

I hope we will see a change soon, at least the bitcoin market dominance is increasing right now.

[rafanadal]

I hope all people screaming "buy" are right.

We are in a constant decline for 30 days now and I don't see any good news why this should change anytime soon.

I still won't sell my Bitcoins but I don't think it's wise to invest any more money right now.

mempool is clearing, lightning is active on mainnet and segwit adaption is increasing. this should be big and good news enough.

apparently not

4 digits here we come

[jonoiv]

Well Bittrex exchange is broken!  can log in but no way to buy or sell !  My balance is there, but no markets in BTC or USDT.  it's like an empty exchange. 

Maybe someone needs to turn it off and on again!

[fabiorem]

Well Bittrex exchange is broken!  can log in but no way to buy or sell !  My balance is there, but no markets in BTC or USDT.  it's like an empty exchange.  

Maybe someone needs to turn it off and on again!

It is working fine here. Its just slower.

Bittrex was always slow. These days is more slower as more people are buying alts.

[OWZ1337]

buy people!!! put money on the hole we have in front of us!! keep the matrix running hohohoho just kidding this up and down driving me crazy

no more "fast money" to be made ~ sell into my buy wallzz weee

[bitcoinvest]

buy people!!! put money on the hole we have in front of us!! keep the matrix running hohohoho just kidding this up and down driving me crazy

no more "fast money" to be made ~ sell into my buy wallzz weee

i do not see any buy wall... i see some weak buy orders....