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

[Bitcoinaire]

We're looking ever so slightly bullish...

[d_eddie]

But how many people actually bought Bitcoin at the top, or XRP at the top?

Wild guessing exercise:

XRP, uh I don't know... probably not as many: only wise, up-to-date kids who already made some on korn? Mid-large positions maybe?

BTC on the contrary, quite a few people I think. Pops and moms, first-timers, people already on the brink for months-years. I imagine many small positions with no single mind, no coordination, basically no clue. Most on Coinbase.

[cAPSLOCK]

It would be fascinating if in the future ...

... and all impossible futures generally are fascinating.

Looks like the whole tx spam job by Ver's minions, Wu, Armstrong, Rizun, jbreher, cyberdoc and co. is officially a failed exercise in self-falattio

https://dedi.jochen-hoenicke.de/queue/#6m

time to find a new FUD spam song for bitcoin's official losers brigade.

Do we have proof that there was spam from the BCASH camp?  Did anyone do the forensics on that?

No proof as in theorem, but lots of hard numerical evidence showing suspect correlation.
I suspect the operation was only economical with regionally subsidized energy back in China.
As soon as you become a smaller part of the earth mining pool, the cost of spamming grows like 1 - 1/n, if your hashrate is 1/n of the total.
I'd challenge a malicious opponent to pull this off in, say, Canada.

Playing devil's advocate here. I think your argument is compelling. But is it not also possible that this was the result of non batched non segwit transactions that we are now seeing fixed by some of the exchanges and possibly pools?

[Enjel]

But how many people actually bought Bitcoin at the top, or XRP at the top?

Well... for every seller there is a buyer so...

True. I wonder how many of those people were dumping at ~11k or even ~9k in the past week.

[HairyMaclairy]

Bullish



image upload

[d_eddie]

It would be fascinating if in the future ...

... and all impossible futures generally are fascinating.

Looks like the whole tx spam job by Ver's minions, Wu, Armstrong, Rizun, jbreher, cyberdoc and co. is officially a failed exercise in self-falattio

https://dedi.jochen-hoenicke.de/queue/#6m

time to find a new FUD spam song for bitcoin's official losers brigade.

Do we have proof that there was spam from the BCASH camp?  Did anyone do the forensics on that?

No proof as in theorem, but lots of hard numerical evidence showing suspect correlation.
I suspect the operation was only economical with regionally subsidized energy back in China.
As soon as you become a smaller part of the earth mining pool, the cost of spamming grows like 1 - 1/n, if your hashrate is 1/n of the total.
I'd challenge a malicious opponent to pull this off in, say, Canada.

Playing devil's advocate here. I think your argument is compelling. But is it not also possible that this was the result of non batched non segwit transactions that we are now seeing fixed by some of the exchanges and possibly pools?

I'm pretty sure Coinbase's practices played a bigger role here than many of us (I, for one!) suspected. On the other hand, that would make it even easier for an adversary who is willing to, and large enough to swallow the backblow in lost mining revenue (like 1/n  for smallish n - say 3.5-5).

Playing the devil's advocate apprentice: it might have been a necessary, or merely favorable, condition to have big boss exchange playing along. But it's only a matter of how much you have to burn/how long it lasts.

[Bitcoinaire]

Coinbase is still chillin' at $11,385. Interesting......

[Torque]

'Member that time Coinbase allowed some idiot to bid up BCash to $4k? Lol

[True Myth]

Just had my order @ $11.5k fully filled.



Was really starting to stress out there for a bit. Takes some pressure off.

Think I'll make my next move towards the end of Feb.

Congrats Bob. Best of luck in your future endeavours.

[cAPSLOCK]

I'm pretty sure Coinbase's practices played a bigger role here than many of us (I, for one!) suspected. On the other hand, that would make it even easier for an adversary who is large enough to swallow the backblow in lost mining awards (1/n  for smallish n - say 3.5-5). Playing the devil's advocate apprentice: it might have been a necessary, or merely favorable, condition to have big boss exchange playing along. But it's only a matter of how much you have to burn/how long it lasts.

Well, and we do have the proof that Jihan (the crooked motherfusker) was intentionally mining empty blocks.

[True Myth]

'Member that time Coinbase allowed some idiot to bid up BCash to $4k? Lol

Actually, it was $9k.

[OWZ1337]

Just had my order @ $11.5k fully filled.

Was really starting to stress out there for a bit. Takes some pressure off.

Think I'll make my next move towards the end of Feb.

BTCBTC train leaving >_> wait for meeee   ogoggogogo

[Torque]

'Member that time Coinbase allowed some idiot to bid up BCash to $4k? Lol

Actually, it was $9k.

Oh was it? That's even funnier.

[d_eddie]

Just had my order @ $11.5k fully filled.

Was really starting to stress out there for a bit. Takes some pressure off.

Think I'll make my next move towards the end of Feb.

Well done. A few tens more or less... will it change your life? Don't think so.

I think your to-do list could possibly contain "learning to live it up" practice sessions?

I started thinking about retiring/changing pace drastically already, and you know what? I realized I like my life well enough, so I'd need to train myself to a new one, even if it's technically "better."

[bones261]

'Member that time Coinbase allowed some idiot to bid up BCash to $4k? Lol

Actually, it was $9k.

Oh was it? That's even funnier.

Yes, that roll out was a real shit show. 

[TERA2]

Whenever I hear a bunch of exuberant comments about trains etc I know a brutal bulltrap is coming

[Toxic2040]

Breaking 24777$ prediction game      FINAL LIST       

28/01/2018 jojo69

UPDATE     AND GOOD LUCK

jojo

why you no do this?

you got about 24 hrs brah.

Just had my order @ $11.5k fully filled.

Was really starting to stress out there for a bit. Takes some pressure off.

Think I'll make my next move towards the end of Feb.

I just want to be clear about this..   

Whenever I hear a bunch of exuberant comments about trains etc I know a brutal bulltrap is coming

ccmf.

[d_eddie]

Whenever I hear a bunch of exuberant comments about trains etc I know a brutal bulltrap is coming

Tera Beara, we don't give a ratt's ass.  

(Nothing personal. I couldn't resist.)

[Bitcoinaire]

The bull-run is reformulating......

[Deeyoh]

Seriously?  Coinbase 11,484 and Bearfinex is 11900. LOL