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Question: Highest price we'll see in 2022:
50,000 - 14 (17.1%)
60,000 - 3 (3.7%)
70,000 - 4 (4.9%)
80,000 - 6 (7.3%)
90,000 - 4 (4.9%)
100,000 - 7 (8.5%)
125,000 - 15 (18.3%)
150,000 - 7 (8.5%)
175,000 - 2 (2.4%)
200,000 - 2 (2.4%)
225,000 - 5 (6.1%)
250,000 - 4 (4.9%)
275,000 - 1 (1.2%)
300,000 - 0 (0%)
>300,000 - 8 (9.8%)
Total Voters: 82

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 25533817 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (158 posts by 14 users with 9 merit deleted.)
RoomBot
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February 22, 2018, 05:12:22 AM


That's right.

This is the Intertoobz.

Should have said, "MEOW" Idea.

Either way GREAT idea.  I've really streamlined the time I spend here by ignoring the trolls.

Not to discourage any on-topic BTC posts OR post parity!

Where's that Honey Badger?

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bones261
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February 22, 2018, 05:14:02 AM


That's right.

This is the Intertoobz.

Should have said, "MEOW" Idea.

Either way GREAT idea.  I've really streamlined the time I spend here by ignoring the trolls.

Not to discourage any on-topic BTC posts OR post parity!

Where's that Honey Badger?



Why set the bar so low? Let's go for post parity instead.
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February 22, 2018, 05:28:34 AM

Me too...... I won't be stifled in my artistic freedoms.      Tongue Tongue    Cheesy Cheesy Cheesy

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February 22, 2018, 05:38:05 AM
Merited by infofront (1)

LOL. Mempool almost empty again. What a time to be alive.

Up yours, BCash fucktards !!! Tongue my fartbox !

Ahh.  See the difference?

Can you not see the difference when a reasonable, rational, decent poster can exercise free speech within the constraints of the...

ACTUAL FUCKING TOPIC?!?!

Thank you. 5 MERITS.
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February 22, 2018, 05:49:09 AM

Can you not see the difference when a reasonable, rational, decent poster can exercise free speech

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February 22, 2018, 05:52:00 AM

I like green candles. 
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February 22, 2018, 05:52:44 AM

LOL. Mempool almost empty again. What a time to be alive.

Up yours, BCash fucktards !!! Tongue my fartbox !

Ahh.  See the difference?

Can you not see the difference when a reasonable, rational, decent poster can exercise free speech within the constraints of the...

ACTUAL FUCKING TOPIC?!?!

Thank you. 5 MERITS.

This is what my wrinkly ass thinks about your attempts to encourage on-topicness through your gonads of bribery: 

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February 22, 2018, 05:57:11 AM
Last edit: February 22, 2018, 06:13:56 AM by STT

LOL. Mempool almost empty again. What a time to be alive.


Hate to be Debby Downer here at all but the question has to be asked, does that empty mempool then also mean less pressure from traffic/volume of Bitcoin use.    Obviously purely on exchange traffic matters less beyond speculation.     I mean a rising trend, which we have but also declining volume overall globally would not equate to a bullish confirmation.    Just a thought,  I'm not sure of volume as each exchange has it split of course and some major countries arent registering volume publicly any longer so its more of an opaque picture
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February 22, 2018, 06:05:18 AM

Hate to be Debby Downer here at all but the question has to be asked, does that empty mempool then also mean less pressure from traffic/volume of Bitcoin.  

Of course, even mega bitcoin shill Torque admitted it.  All the retail buyers who wanted into the market already got in and are just sitting on coins hoping someone pumps it so they can dump on them.
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February 22, 2018, 06:34:19 AM

Price-wise, (yes, this thread IS about that too, apart from trolling) bumping up from 10200$ (Finex) makes me feel bullish again. If we break down from that then it's going 9xxx. Maybe BTC has a chance for glory after all. Right now only XMR hodlers are happy, everybody else is bleeding...

bob@bitcorn:~/bitcoin-0.16.0rc3/src$ ./bitcoin-cli -datadir=/mnt/md0/bitcoin_data getmempoolinfo
{
  "size": 2251,
  "bytes": 1178878,
  "usage": 3950928,
  "maxmempool": 300000000,
  "mempoolminfee": 0.00001000,
  "minrelaytxfee": 0.00001000
}


Amazing. Haven't seen it this low in a long long time.

Hate to be Debby Downer here at all but the question has to be asked, does that empty mempool then also mean less pressure from traffic/volume of Bitcoin use.

I honestly don't know how to answer that. All I do know is I'm happy to see the spamming has stopped, transaction fees are the lowest they have been in a long time, and transactions are clearing quite quickly - compared to the insanity of Dec/Jan.

Would you mind elaborating? I don't think I get it... above 1M block?
Ah ok, you edited the above. Yes, now makes sense.
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February 22, 2018, 06:41:23 AM

holy cow

we just cleared the mempool down to nothing
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February 22, 2018, 06:46:56 AM

Would you mind elaborating? I don't think I get it... above 1M block?

There's less that two full blocks of blockchain data waiting to be processed in mempool, at the time being. 20 minutes will clear out any queued transactions on the blockchain.

OK thanks for the explanation; I think that this is awesome (but makes no sense)! Could it be because of the LN testing?
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February 22, 2018, 06:55:18 AM

Could it be because of the LN testing?

Not likely. This is probably due to Segwit starting to be rolled out more and more.

LN is still a giant experiment at the moment, and I can't really recommend getting involved with it right now, unless you are into masochism.

We'll see how much of a difference LN starts to make once they hit 0.6 (0.5.2 right now)

We have less tx per day comparing to the previous weeks. *Maybe* that's a good explanation after all.
https://bitinfocharts.com/comparison/transactions-btc-ltc-eth.html
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February 22, 2018, 07:05:02 AM

What are your thoughts on this metric:  https://outputs.today
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February 22, 2018, 07:21:14 AM

What are your thoughts on this metric:  https://outputs.today

Nice site man, thanks. It verifies with the bitinfo chart; I think it's legit. Well, IMO, it's reasonable after the rally the TX to go down, maybe it's a nice indicator price-wise as well. Watch your longs out there.
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February 22, 2018, 07:25:07 AM

Could it be because of the LN testing?

Not likely. This is probably due to Segwit starting to be rolled out more and more.

LN is still a giant experiment at the moment, and I can't really recommend getting involved with it right now, unless you are into masochism.

We'll see how much of a difference LN starts to make once they hit 0.6 (0.5.2 right now)

We have less tx per day comparing to the previous weeks. *Maybe* that's a good explanation after all.
https://bitinfocharts.com/comparison/transactions-btc-ltc-eth.html

It's number of outputs what is most relevant here. During the past few months many users, exchanges, etc started to consolidate addresses and batch transactions to reduce the impact of the high fees. That consolidation process plus the numerous forks we experienced that required to move coins before claiming made for an abnormal higher number of tx's which added to the already congested situation.

Now, after that consolidation seems to have been stabilized, more tx batching adopted, segwit increasing adoption, , no more forks to claim, etc... it is completely normal we reach the benefits of an uncongested network.

And of course, the increasing adoption of Segwit allows for more "space" available even for non-segwit tx', as expected.

We don't even need to take into account if spam was or wasn't a significant factor to see the "optimizations" in usage could perfectly explain the improvement.
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February 22, 2018, 07:30:38 AM

It's number of outputs what is most relevant here. During the past few months many users, exchanges, etc started to consolidate addresses and batch transactions. That consolidation process plus the numerous forks we experienced that required to move coins before claiming made for an abnormal higher number of tx's which added to the already congested situation.

Now, after that consolidation seems to have been stabilized, more tx batching adopted, segwit increasing adoption, , no more forks to claim, etc... it is completely normal we reach the benefits of an uncongested network.

And of course, the increasing adoption of Segwit allows for more "space" available even for non-segwit tx', as expected.

We don't even need to take into account if spam was or wasn't a significant factor to see the "optimizations" in usage could perfectly explain the improvement.

Fully agree on the above, https://outputs.today/ signifies that both are down simultaneously (or at least the trend presents them as such). Nevertheless, the ratio between those two is rising (I'm a bit confused on why this is happening). It would be nice if any of you wizards here had a site to monitor LN / SW tx/outputs (even partially right)...
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February 22, 2018, 07:38:57 AM

I can barely understand a quarter of this but it sounds promising:  https://blockstream.com/2018/02/21/bulletproofs-faster-rangeproofs-and-much-more.html
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February 22, 2018, 07:52:12 AM

I though we were done with dumping yesterday evening. but this morning it starts all over again....
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February 22, 2018, 08:04:49 AM

So stop quoting the trolls so we don't all have to read their posts over and over

25 fucking merit.


Is there no way to:

1.  Ban the perma-off-topic, vomitously hideous shit for a soul roach?
2.  The rest of the garden variety Nazi fucks turn their knobs down to say... I dunno 7?  Or 8?
3.  Talk about bitcoin?  Or Monero?

God.  Talk about Ripple and BCASH if you want!  But stop with all the damned race oriented blathering.

And just ONE PAGE.

O N E.  P A G E.

With no mentions of "EVIL JEWS" an no usage of the word "cuckold"?

Just one?

Hello! Do you have a moment to talk about how our lord and saviour Hitler did nothing wrong?
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