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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 25462687 times)
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Rosewater Foundation
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April 05, 2018, 02:01:37 AM
Merited by bones261 (1)

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April 05, 2018, 02:17:36 AM
Merited by infofront (1)

Bitmain is forking off “Monero Classic” so their miners aren’t DOA.  Does this sound familiar to anyone?

https://mp.weixin.qq.com/s/RwaHMVEEkkDXEm9ZwcEq6Q
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April 05, 2018, 02:22:12 AM

Enjoy new Monero Classic®
Now with 1000% more ASICBoost®
gembitz
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April 05, 2018, 02:23:24 AM

Bitmain is forking off “Monero Classic” so their miners aren’t DOA.  Does this sound familiar to anyone?

https://mp.weixin.qq.com/s/RwaHMVEEkkDXEm9ZwcEq6Q

impossible >_> Mongolero® (Mongol Monero) already under development !! :-D  weeee
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April 05, 2018, 02:35:27 AM

Sorry guys, but tears shouldn't come as a surprise in this situation.
This will probably bounce back to somewhere near 7100$ over the weekend and then tears will continue. You can't just hope a trend reversal out of nothing.

The crypto game goes like this. A group of people, who have the largest ownership of coin, are coordinating their moves in a way, that profits them best. Over the years, they have acquired over half of bitcoin available, while more then a half of the largest volume exchanges are owned by the same people and the public CEOs are just fronts. They can deficit the supply, create dollars out of thin air and if they wanted to, then drop bitcoin price sub single digits and actually keep it there. The last part isn't their goal tho. Their motivation is to siphon wealth out of people through the crypto game. The best way for this would be for a quick pump, followed by proper media coverage. This will attract gamblers who hope for easy riches. So, when the market is saturated enough with noobs, then it needs to be slowly bled and total desperation is essential on the outcome of things. You don't drop the market quickly, because this would create panic and would push the gamblers to take their money away. What they do is they control the price enough that there will be -20% slow drops, followed by +10% quick gains. Many people here are a little nuts from the religious aspect of things, so they keep parroting that this every +10% is actually a reversal. But not all is so innocent and a lot of the "friendly avarage Joe bitcoiners" that you see in this place, are actually sock puppets of rich and smart guys doing psiops to keep the actual average Joe involved.
The main target in this game are people who are taking mortgages and are playing with more then they can lose. They can't afford to be patient and can be easily hooked. During this whole year, they aren't selling because dealing with the current losses is too much for them. They are too emotionally involved and that clouds their judgment.
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April 05, 2018, 02:43:50 AM

Wake up after 1 night, BTC is on the way down to 42xx faster than what I guessed ??
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April 05, 2018, 02:45:30 AM

Sorry guys, but tears shouldn't come as a surprise in this situation.
This will probably bounce back to somewhere near 7100$ over the weekend and then tears will continue. You can't just hope a trend reversal out of nothing.

The crypto game goes like this. A group of people, who have the largest ownership of coin, are coordinating their moves in a way, that profits them best. Over the years, they have acquired over half of bitcoin available, while more then a half of the largest volume exchanges are owned by the same people and the public CEOs are just fronts. They can deficit the supply, create dollars out of thin air and if they wanted to, then drop bitcoin price sub single digits and actually keep it there. The last part isn't their goal tho. Their motivation is to siphon wealth out of people through the crypto game. The best way for this would be for a quick pump, followed by proper media coverage. This will attract gamblers who hope for easy riches. So, when the market is saturated enough with noobs, then it needs to be slowly bled and total desperation is essential on the outcome of things. You don't drop the market quickly, because this would create panic and would push the gamblers to take their money away. What they do is they control the price enough that there will be -20% slow drops, followed by +10% quick gains. Many people here are a little nuts from the religious aspect of things, so they keep parroting that this every +10% is actually a reversal. But not all is so innocent and a lot of the "friendly avarage Joe bitcoiners" that you see in this place, are actually sock puppets of rich guys and smart guys doing psiops to keep the actual average Joe involved.
The main target in this game are people who are taking mortgages and are playing with more then they can lose. They can't afford to be patient and can be easily hooked. During this whole year, they aren't selling because dealing with the current losses is too much for them. They are too emotionally involved and that clouds their judgment.


Psi-Ops Agent #D359382 reporting in. You may know our plans, but you'll never stop us!  Kiss
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April 05, 2018, 02:48:17 AM

Sorry guys, but tears shouldn't come as a surprise in this situation.
This will probably bounce back to somewhere near 7100$ over the weekend and then tears will continue. You can't just hope a trend reversal out of nothing.

The crypto game goes like this. A group of people, who have the largest ownership of coin, are coordinating their moves in a way, that profits them best. Over the years, they have acquired over half of bitcoin available, while more then a half of the largest volume exchanges are owned by the same people and the public CEOs are just fronts. They can deficit the supply, create dollars out of thin air and if they wanted to, then drop bitcoin price sub single digits and actually keep it there. The last part isn't their goal tho. Their motivation is to siphon wealth out of people through the crypto game. The best way for this would be for a quick pump, followed by proper media coverage. This will attract gamblers who hope for easy riches. So, when the market is saturated enough with noobs, then it needs to be slowly bled and total desperation is essential on the outcome of things. You don't drop the market quickly, because this would create panic and would push the gamblers to take their money away. What they do is they control the price enough that there will be -20% slow drops, followed by +10% quick gains. Many people here are a little nuts from the religious aspect of things, so they keep parroting that this every +10% is actually a reversal. But not all is so innocent and a lot of the "friendly avarage Joe bitcoiners" that you see in this place, are actually sock puppets of rich guys and smart guys doing psiops to keep the actual average Joe involved.
The main target in this game are people who are taking mortgages and are playing with more then they can lose. They can't afford to be patient and can be easily hooked. During this whole year, they aren't selling because dealing with the current losses is too much for them. They are too emotionally involved and that clouds their judgment.


Psi-Ops Agent #D359382 reporting in. You may know our plans, but you'll never stop us!  Kiss

I'm not here to stop you, I think that you are fun guys and I just want to play. Smiley
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April 05, 2018, 02:52:27 AM

Aren’t we already pretty much oversold yet?
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April 05, 2018, 03:03:07 AM

no

maybe tomorrow

Bears are greedy
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April 05, 2018, 03:40:09 AM

Ripple tried to buy a listing on exchanges like coinbase and Gemini and failed  Cheesy

https://www.bloomberg.com/news/articles/2018-04-04/ripple-is-said-to-struggle-to-buy-u-s-listing-for-popular-coin
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April 05, 2018, 03:49:07 AM
Merited by JayJuanGee (1)

If more mainstreamers knew how and were able to short then you would get a nice bull run short squeeze...   as such you don't have enough suckers on that side like you do on the long side so you only get short spikes followed by long stair falling price action
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April 05, 2018, 03:52:13 AM

Eclair Lightning wallet for Android now available on Google play.

https://play.google.com/store/apps/details?id=fr.acinq.eclair.wallet.mainnet
cAPSLOCK
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April 05, 2018, 03:55:38 AM

Eclair Lightning wallet for Android now available on Google play.

https://play.google.com/store/apps/details?id=fr.acinq.eclair.wallet.mainnet
Works too... this thing.  Easily.  Instantly.  But can only send.  I hope this is not a limitation imposed by not running a full node.  Because full nodes on cellphones are kinda... meh.
HairyMaclairy
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April 05, 2018, 03:59:13 AM

Eclair Lightning wallet for Android now available on Google play.

https://play.google.com/store/apps/details?id=fr.acinq.eclair.wallet.mainnet
Works too... this thing.  Easily.  Instantly.  But can only send.  I hope this is not a limitation imposed by not running a full node.  Because full nodes on cellphones are kinda... meh.

How do you fund it?
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April 05, 2018, 04:07:28 AM

Eclair Lightning wallet for Android now available on Google play.

https://play.google.com/store/apps/details?id=fr.acinq.eclair.wallet.mainnet
Works too... this thing.  Easily.  Instantly.  But can only send.  I hope this is not a limitation imposed by not running a full node.  Because full nodes on cellphones are kinda... meh.

How do you fund it?
It's a regular bitcoin wallet.  Send it some coin to a segwit address, and then you use that to open lightning channels.  It's super easy.  Took me about the span of three confirmations to have a ready to spend lightning channel open.  And seeing lightning work is pretty exciting.  It's fast for sure.
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April 05, 2018, 04:07:53 AM

... quite the nasty, cynical type aren't ya? Coming here to merely wallow in some freudenschade ..
It is a result of others being cynical and nasty to me at other times. Im not just addressing random people. Some of the bulls get rather rude and agressive during a 10% dead cat bounce and after posting many pics of trains and rockets they tell the bears how ingorant they are, using curse words even.
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April 05, 2018, 04:10:11 AM

Eclair Lightning wallet for Android now available on Google play.

https://play.google.com/store/apps/details?id=fr.acinq.eclair.wallet.mainnet
Works too... this thing.  Easily.  Instantly.  But can only send.  I hope this is not a limitation imposed by not running a full node.  Because full nodes on cellphones are kinda... meh.

yes, the limitation for send only is because it is not a full node. You can set it to connect to your own remote full node (on home desktop, server etc) however, or it defaults to the developer's provided full node otherwise. And of course you can receive on your own full node.

I think there is a good business model here in becoming the first company to do "LightningPay" (bitcoin layer-2) set-ups for merchants, in the same way BitPay did for bitcoin layer-1 ... with instant payments and unlimited TX capacity for the foreseeable future the potential is a few orders of magnitude bigger than BitPay's business model.
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April 05, 2018, 04:11:11 AM

Eclair Lightning wallet for Android now available on Google play.

https://play.google.com/store/apps/details?id=fr.acinq.eclair.wallet.mainnet
Works too... this thing.  Easily.  Instantly.  But can only send.  I hope this is not a limitation imposed by not running a full node.  Because full nodes on cellphones are kinda... meh.

How do you fund it?
It's a regular bitcoin wallet.  Send it some coin to a segwit address, and then you use that to open lightning channels.  It's super easy.  Took me about the span of three confirmations to have a ready to spend lightning channel open.  And seeing lightning work is pretty exciting.  It's fast for sure.

Oh... BTW I funded it, and opened and closed THREE channels.  Total fees ~.00004000 BTC.  or about $0.25US  
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April 05, 2018, 04:18:13 AM

Eclair Lightning wallet for Android now available on Google play.

https://play.google.com/store/apps/details?id=fr.acinq.eclair.wallet.mainnet
Works too... this thing.  Easily.  Instantly.  But can only send.  I hope this is not a limitation imposed by not running a full node.  Because full nodes on cellphones are kinda... meh.

yes, the limitation for send only is because it is not a full node. You can set it to connect to your own remote full node (on home desktop, server etc) however, or it defaults to the developer's provided full node otherwise. And of course you can receive on your own full node.

I think there is a good business model here in becoming the first company to do "LightningPay" (bitcoin layer-2) set-ups for merchants, in the same way BitPay did for bitcoin layer-1 ... with instant payments and unlimited TX capacity for the foreseeable future the potential is a few orders of magnitude bigger than BitPay's business model.

Yeah.  I have a full node (Well I run a few of those, lol) with lnd.  I can certainly connect to that.  But I suppose to re-fund the phone wallet I have to just do it from the main chain every time?   Am I missing another way?
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