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

[FartBuddy]

Good lord. Who decided fill up the mempool? Did someone think it was a good time to try and consolidate all of their dust UTXO? Coinbase, was that you?

https://dedi.jochen-hoenicke.de/queue/more/#24h

It was empty (zero bytes) at nine o'clock last morning! The pump above $9000 might have triggered something.

[explorer]

I guess they're prepared to assume those masternodes are all totally above board. Not sure that’s a totally safe assumption, but who am I to say--I gave up crime in the 8th grade.

That's why you're still not popped corn!

via Imgflip Meme Generator

[Torque]

Translation: BTFD

Applies to the Bitcoin market too. I.E., we are in a drawdown right now. Due to a 60% correction, normies are walking away from a market that will once again explode in the next few years to a new unimaginable ATH.

[FartBuddy]

Applies to the Bitcoin market too. I.E., we are in a drawdown right now. Due to a 60% correction, normies are walking away from a market that will once again explode in the next few years to a new unimaginable ATH.

The move from the $1200 ATH to the $20k ATH was unimaginable. In the future it could make a move from the $20k ATH to a new $400k ATH, although it seems unimaginable now.

[fabiorem]

Correction concluding on the 15-minute wave.

Skyrocket recommencing.

Now r0ach will go mad.

Ops, it's already happening. 

[Torque]

Applies to the Bitcoin market too. I.E., we are in a drawdown right now. Due to a 60% correction, normies are walking away from a market that will once again explode in the next few years to a new unimaginable ATH.

The move from the $1200 ATH to the $20k ATH was unimaginable. In the future it could make a move from the $20k ATH to a new $400k ATH, although it seems unimaginable now.

Yep. And I will squeal with glee (again) when it does, knowing that it will continue to piss off old farts like this guy:

http://www.businessinsider.com/charlie-munger-on-bitcoin-the-more-popular-it-got-the-more-i-hated-it-2018-2

[bitserve]

Applies to the Bitcoin market too. I.E., we are in a drawdown right now. Due to a 60% correction, normies are walking away from a market that will once again explode in the next few years to a new unimaginable ATH.

The move from the $1200 ATH to the $20k ATH was unimaginable. In the future it could make a move from the $20k ATH to a new $400k ATH, although it seems unimaginable now.

Yep. And I will squeal with glee (again) when it does, knowing that it will continue to piss off old farts like this guy:

http://www.businessinsider.com/charlie-munger-on-bitcoin-the-more-popular-it-got-the-more-i-hated-it-2018-2

How can someone be still alive with 94 fucking years? I don't care what he thinks or says, It's simply amazing!

Respect!

[Rsiyz]

AAAANND gone...     manipulations have not long life 

[jojo69]

Worked outside the home today, felt good to be productive and move the body.

Come home and we have broken decisively up out of the second to last downtrend line.

Currently on a collision course with the last one on or about 2 March.

Expecting a pullback to 8400ish short term.

[FartBuddy]

AAAANND gone...     manipulations have not long life 

The mempool dropping from 70 MB to 5 MB within two hours is amazing to watch.

[Elwar]

If bitcoin doesn't break $9500 this week we all fail. as humans

[bitserve]

Some day I will run out of popcorns: https://litecoinca.sh/

I think I should better go to bed already and maybe wake up tomorrow at or really near $10K. We deserve it.

[Last of the V8s]

https://www.youtube.com/watch?v=ygjJjDRrIwI
Block Digest Under the Microscope #1 - Monero
The first in what is hopefully a regular series of in depth skeptical breakdowns of alternative cryptocurrency projects by JW [Weatherman]. (Special thanks to Fluffypony for being a good sport and participating)

too tired for this now, but should be interesting. (possible summary tomorrow unless bitserve beats me to it)

[Torque]

Currently on a collision course with the last one on or about 2 March.

Expecting a pullback to 8400ish short term.

Yeah I would not expect this market to just go shooting back up to $14k any time soon.

It could be a long haul to get back there, and actually it would be a very healthy climb if it took the next 6-8 months. That would put a new ATH in the winter timeframe or perhaps early 2019.

[Rsiyz]

american "economyy" falling soo c mon up 

https://www.youtube.com/watch?v=KsuttGbMuxY&index=104&list=UUpwvZwUam-URkxB7g4USKpg

[HairyMaclairy]

Currently on a collision course with the last one on or about 2 March.

Expecting a pullback to 8400ish short term.

Yeah I would not expect this market to just go shooting back up to $14k any time soon.

It could be a long haul to get back there, and actually it would be a very healthy climb if it took the next 6-8 months. That would put a new ATH in the winter timeframe or perhaps early 2019.

That would be sensible. Unfortunately the badger is not a sensible chap. 

[Elwar]

Some day I will run out of popcorns: https://litecoinca.sh/

I think I should better go to bed already and maybe wake up tomorrow at or really near $10K. We deserve it.

Let me get this straight...so Litecoin basically took the Bitcoin code and changed it to Proof of Stake and raised the max 4 times.

Litecoin cash is taking the Litecoin code and changing it back to Proof of Work...and raising the max 10 times.

Umm...makes total sense.


4 guys listed as contributors...suddenly putting up a web page and Litecoin price goes nuts...

Edit:
Also, at the bottom of their web page under License:
Copyright (c) 2017 bitcoincash.org
Copyright (c) 2018 litecoinca.sh

[Elwar]

Godaddy.com:
ethereumcash.com is available
Buy Now Price

$24,995.00*

[jojo69]

Let me get this straight...so Litecoin basically took the Bitcoin code and changed it to Proof of Stake

negative

LTC is a scrypt hash coin...POW

[bones261]

Some day I will run out of popcorns: https://litecoinca.sh/

I think I should better go to bed already and maybe wake up tomorrow at or really near $10K. We deserve it.

Let me get this straight...so Litecoin basically took the Bitcoin code and changed it to Proof of Stake and raised the max 4 times.

Litecoin cash is taking the Litecoin code and changing it back to Proof of Work...and raising the max 10 times.

Umm...makes total sense.

No Litecoin did not change to proof of stake. They changed the POW algo from SHA256 to scrypt. Now this fork, Litecoin Cash, is changing the POW algo back to SHA256, so you can use your old ASIC. Actually, being able to use your old ASICS is not what is going to happen. There are shit coins coming out all the time with SHA256 POW algo. What happens is that people still use their more modern ASICS. The obsolete ASICS are not going to be profitable, either.