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

[UnDerDoG81]

Just found on Facebook, very interesting interview -> https://www.youtube.com/watch?v=l6Obc_cJba4

I think HODL for another 3-4 years might be a must. I bought in 2013 and its worth 20x then when I bought. I think in 3-4 years it could be 100x.

[vroom]

Just found on Facebook, very interesting interview -> https://www.youtube.com/watch?v=l6Obc_cJba4

I think HODL for another 3-4 years might be a must. I bought in 2013 and its worth 20x then when I bought. I think in 3-4 years it could be 100x.

RT and bitcoin cash ceo, no comment...

[JayJuanGee]

2 more pages on ignore. enviroment, politics, bla, bla, bla. So many sick people around here. It's time for infofront to take some action delete, ban, delete, ban.

Infofront can only delete, and he cannot ban.

Sure, me too, just skimming the past several pages, but some of those environmentalism topics are potentially more interesting than some of the other topics - and yeah environmentalism has been one of the stupid-ass talking points of Ethereum - and perhaps other shit coins that are trying to suggest ways to denigrate bitcoin for supposed energy inefficiencies.... .yet I say, who gives a ratt's ass about bitcoin's supposed energy inefficiencies when the energy consumed is a part of proof of work, is decentralized and is in fact used for securing a very important asset that may well consume the whole globe in terms of publicly ledgerizing value.

[btcbeliever]

"First they ignore you, then they laugh at you, then they fight you, then you win.
Anyone in a fighting mood?
https://www.nytimes.com/2018/05/04/upshot/should-the-fed-create-fedcoin-to-rival-bitcoin-a-former-top-official-says-maybe.html

“Congress gave the Fed a monopoly over money,” Mr. Warsh said. “

Which was fraudulent and in violation of the US Constitution

[UnDerDoG81]

Just found on Facebook, very interesting interview -> https://www.youtube.com/watch?v=l6Obc_cJba4

I think HODL for another 3-4 years might be a must. I bought in 2013 and its worth 20x then when I bought. I think in 3-4 years it could be 100x.

RT and bitcoin cash ceo, no comment...

Bcash CEO, I thought that too and I wondered that he only mentions and talks about Bitcoin.

RT? Way better than western propaganda media.

[arklan]

"First they ignore you, then they laugh at you, then they fight you, then you win.
Anyone in a fighting mood?
https://www.nytimes.com/2018/05/04/upshot/should-the-fed-create-fedcoin-to-rival-bitcoin-a-former-top-official-says-maybe.html

“Congress gave the Fed a monopoly over money,” Mr. Warsh said. “

Which was fraudulent and in violation of the US Constitution

ok, perhaps. but it's been accepted as normal, allowed, and legal for... what, something like 100 years now? what, precisely, do you expect to be done about it? to remove the fed's power is nigh impossible. it would likely require literal war and revolution to bring down the government as we know it and build something new, or at least closer to the original constitution if that's the goal.

i say the same thing to any theory - like faked moon landings or flat earth or less insane ones like this Fed thing. ok, so maybe you're right. what's your point? what do you want to be DONE about it, and what will that change? are you going to do it? do you think you can actually effect change at all?

[JayJuanGee]

americans /= humans.

What in the actual fuck is your problem ?

I was wondering that too actually...

s/he/it comes off as some kind of random bot, spewing out semi-coherent blabberings, that are usually not even on-topic to the extent that any posts here are... hahahahaha   

[btcbeliever]

"First they ignore you, then they laugh at you, then they fight you, then you win.
Anyone in a fighting mood?
https://www.nytimes.com/2018/05/04/upshot/should-the-fed-create-fedcoin-to-rival-bitcoin-a-former-top-official-says-maybe.html

“Congress gave the Fed a monopoly over money,” Mr. Warsh said. “

Which was fraudulent and in violation of the US Constitution

ok, perhaps. but it's been accepted as normal, allowed, and legal for... what, something like 100 years now? what, precisely, do you expect to be done about it? to remove the fed's power is nigh impossible. it would likely require literal war and revolution to bring down the government as we know it and build something new, or at least closer to the original constitution if that's the goal.

i say the same thing to any theory - like faked moon landings or flat earth or less insane ones like this Fed thing. ok, so maybe you're right. what's your point? what do you want to be DONE about it, and what will that change? are you going to do it? do you think you can actually effect change at all?

Many folks, myself included, are fascinated by bitcoin because a belief that it can take down the Fed and the other central banks.  The concept of bitcoin is very powerful.

Maybe 10,000 us$ by the end of the weekend?

[sirazimuth]

...some kind of random bot, spewing out semi-coherent blabberings, that are usually not even on-topic ...

that sounds like me, except I spew out FULLY coherent blabberings...

[arklan]

"First they ignore you, then they laugh at you, then they fight you, then you win.
Anyone in a fighting mood?
https://www.nytimes.com/2018/05/04/upshot/should-the-fed-create-fedcoin-to-rival-bitcoin-a-former-top-official-says-maybe.html

“Congress gave the Fed a monopoly over money,” Mr. Warsh said. “

Which was fraudulent and in violation of the US Constitution

ok, perhaps. but it's been accepted as normal, allowed, and legal for... what, something like 100 years now? what, precisely, do you expect to be done about it? to remove the fed's power is nigh impossible. it would likely require literal war and revolution to bring down the government as we know it and build something new, or at least closer to the original constitution if that's the goal.

i say the same thing to any theory - like faked moon landings or flat earth or less insane ones like this Fed thing. ok, so maybe you're right. what's your point? what do you want to be DONE about it, and what will that change? are you going to do it? do you think you can actually effect change at all?

Many folks, myself included, are fascinated by bitcoin because a belief that it can take down the Fed and the other central banks.  The concept of bitcoin is very powerful.

Maybe 10,000 us$ by the end of the weekend?

...well, ok, yea. that's... very true. i... er... right, shutting up.

[JayJuanGee]

A hardware wallet is a total waste of money in my opinion. Especially if you are a hodler.

I disagree. It's awesome and easy peasy to send small amounts of btc from my Trezor to my phone wallet to spend from there. Or just spend directly from the Trezor. All safe and secure.

I was not very BIG about hardware wallets, but once I tried out the Trezor and the Ledger Nano s, I found them to be very easy, and I gt a feeling of more security and more knowledge about how to store my bitcoins, as compared to my pre-hardware wallet practices, which also had included using the Blockchain.info wallet.

Between the Trezor and the Ledger Nano S, I find the Trezor to be faster and less cumbersome to use..

TLDR:   using the hardware wallet can give you a different perspective about their utility

PS... I agree with several of the posters, that having your coins in a variety of places, can be helpful, but also keeping in mind the ways that the storage locations can be vulnerable will be useful too... and hopefully, more than one location would not be accessible through the same vulnerability... I do keep about 15% or so of my crypto value on exchanges, which is prepared for trading etc.. and some of those are secured by e-mail, password, phone authentication, and sometimes there could be vulnerabilities if one or more of those security keys are compromised.

I have a couple of Ledger Nano S, but don't fully utilize them. By default, it looks like Chrome extensions are the preferred interface, I don't trust that. Electrum on Linux supports it, I trust that more. I keep multiple paper wallets, one per year. If I get to the point of cashing out much, it's helpful to be able to have a hard date on the blockchain of when I owned it. I'm not sure how to incorporate that into Ledger. I know about the optional hidden space.

Opendime hardware looks cool, but it's more of a one-shot thing. Good for basic transfers off-chain. You can't easily back it up, and it may not accept going through the washing machine well.

Ledger have said they will be releasing a standalone application soon to for people who don't want to use the chrome extension:

https://www.ledger.fr/2018/02/23/announcing-new-ledger-wallet-desktop-mobile-applications/

We’ll soon be announcing availability of the Ledger Wallet application. We’ll first release the desktop version during Q2 2018 and then focus on the mobile version Q3 2018. The new version of the Ledger Manager is also expected for Q2 2018. Stay tuned!

Good.  This might fix some of ledger's bugginess, and quirkiness in loading, etc.  Perhaps?

[nikauforest]

Cool news

https://bitcoinmagazine.com/articles/vaultoros-bitcoin-gold-exchange-implements-lightning-network-payments/

That is cool. You can also use crypto to buy gold , silver , platinum , and palladium with Goldmoney. You have to use Bitpay to deposit money. Vaultoros appears to have a better platform.
https://www.goldmoney.com/

[JayJuanGee]

...some kind of random bot, spewing out semi-coherent blabberings, that are usually not even on-topic ...

that sounds like me, except I spew out FULLY coherent blabberings...

"FULLY" may be a bit of an exaggeration.   

[Last of the V8s]

"First they ignore you, then they laugh at you, then they fight you, then you win.
Anyone in a fighting mood?
https://www.nytimes.com/2018/05/04/upshot/should-the-fed-create-fedcoin-to-rival-bitcoin-a-former-top-official-says-maybe.html

“Congress gave the Fed a monopoly over money,” Mr. Warsh said. “

Which was fraudulent and in violation of the US Constitution

ok, perhaps. but it's been accepted as normal, allowed, and legal for... what, something like 100 years now? what, precisely, do you expect to be done about it? to remove the fed's power is nigh impossible. it would likely require literal war and revolution to bring down the government as we know it and build something new, or at least closer to the original constitution if that's the goal.

i say the same thing to any theory - like faked moon landings or flat earth or less insane ones like this Fed thing. ok, so maybe you're right. what's your point? what do you want to be DONE about it, and what will that change? are you going to do it? do you think you can actually effect change at all?

Many folks, myself included, are fascinated by bitcoin because a belief that it can take down the Fed and the other central banks.  The concept of bitcoin is very powerful.

Maybe 10,000 us$ by the end of the weekend?

...well, ok, yea. that's... very true. i... er... right, shutting up.

am a bit drunk to respond fairly to this convo, but you both have valid points and shouldn't back off. Bitcoin itself will do a lot of the heavy lifting in ending the Fed and creating an honest society. But it also us - what are we doing to those ends? holding, running nodes, mining, building infrastructure? keeping the USG out (cf scams like eth/bcash/xrp/intel/google)?

[arklan]

"First they ignore you, then they laugh at you, then they fight you, then you win.
Anyone in a fighting mood?
https://www.nytimes.com/2018/05/04/upshot/should-the-fed-create-fedcoin-to-rival-bitcoin-a-former-top-official-says-maybe.html

“Congress gave the Fed a monopoly over money,” Mr. Warsh said. “

Which was fraudulent and in violation of the US Constitution

ok, perhaps. but it's been accepted as normal, allowed, and legal for... what, something like 100 years now? what, precisely, do you expect to be done about it? to remove the fed's power is nigh impossible. it would likely require literal war and revolution to bring down the government as we know it and build something new, or at least closer to the original constitution if that's the goal.

i say the same thing to any theory - like faked moon landings or flat earth or less insane ones like this Fed thing. ok, so maybe you're right. what's your point? what do you want to be DONE about it, and what will that change? are you going to do it? do you think you can actually effect change at all?

Many folks, myself included, are fascinated by bitcoin because a belief that it can take down the Fed and the other central banks.  The concept of bitcoin is very powerful.

Maybe 10,000 us$ by the end of the weekend?

...well, ok, yea. that's... very true. i... er... right, shutting up.

am a bit drunk to respond fairly to this convo, but you both have valid points and shouldn't back off. Bitcoin itself will do a lot of the heavy lifting in ending the Fed and creating an honest society. But it also us - what are we doing to those ends? holding, running nodes, mining, building infrastructure? keeping the USG out (cf scams like eth/bcash/intel/google)?

personally, all i can do is run a node at the moment. which, come to think of it, might not even be a full node - i think i need to open a port of the router or such... but i enjoy mining and hodling. just no money to get decent gear, and my 100 gh's isn't exactly worth running these days. i used to dream about having a big farm, but i've had a rather rough decade, financially, so it hasn't happened. might finally have a decent job though, so who knows.

[Last of the V8s]

"First they ignore you, then they laugh at you, then they fight you, then you win.
Anyone in a fighting mood?
https://www.nytimes.com/2018/05/04/upshot/should-the-fed-create-fedcoin-to-rival-bitcoin-a-former-top-official-says-maybe.html

“Congress gave the Fed a monopoly over money,” Mr. Warsh said. “

Which was fraudulent and in violation of the US Constitution

ok, perhaps. but it's been accepted as normal, allowed, and legal for... what, something like 100 years now? what, precisely, do you expect to be done about it? to remove the fed's power is nigh impossible. it would likely require literal war and revolution to bring down the government as we know it and build something new, or at least closer to the original constitution if that's the goal.

i say the same thing to any theory - like faked moon landings or flat earth or less insane ones like this Fed thing. ok, so maybe you're right. what's your point? what do you want to be DONE about it, and what will that change? are you going to do it? do you think you can actually effect change at all?

Many folks, myself included, are fascinated by bitcoin because a belief that it can take down the Fed and the other central banks.  The concept of bitcoin is very powerful.

Maybe 10,000 us$ by the end of the weekend?

...well, ok, yea. that's... very true. i... er... right, shutting up.

am a bit drunk to respond fairly to this convo, but you both have valid points and shouldn't back off. Bitcoin itself will do a lot of the heavy lifting in ending the Fed and creating an honest society. But it also us - what are we doing to those ends? holding, running nodes, mining, building infrastructure? keeping the USG out (cf scams like eth/bcash/intel/google)?

personally, all i can do is run a node at the moment. which, come to think of it, might not even be a full node - i think i need to open a port of the router or such... but i enjoy mining and hodling. just no money to get decent gear, and my 100 gh's isn't exactly worth running these days. i used to dream about having a big farm, but i've had a rather rough decade, financially, so it hasn't happened. might finally have a decent job though, so who knows.

sure man i read about some of your heyday early group buy, but you can still educate people after the day job and you can maybe put some $ aside into btc each month. you need a bit of money for a full node for the uphill b/w, but hey we all do what we can do

[TERA2]

This is not classic TA. I dont know wtf is going on.

[JayJuanGee]

This is not classic TA. I dont know wtf is going on.

Do you mean that BTC's price is moving against your technical analysis theories?  You are not going that far, are you?

Some of you bears, bear wannabes and bull criticizers, seem to hold similar tendencies to discount various BTC fundamentals, which could be part of the explanation for why you, and your other bear wannabe aspirants, frequently oversell or your shorts get rekt in the process.  Perhaps?   

[arklan]

"First they ignore you, then they laugh at you, then they fight you, then you win.
Anyone in a fighting mood?
https://www.nytimes.com/2018/05/04/upshot/should-the-fed-create-fedcoin-to-rival-bitcoin-a-former-top-official-says-maybe.html

“Congress gave the Fed a monopoly over money,” Mr. Warsh said. “

Which was fraudulent and in violation of the US Constitution

ok, perhaps. but it's been accepted as normal, allowed, and legal for... what, something like 100 years now? what, precisely, do you expect to be done about it? to remove the fed's power is nigh impossible. it would likely require literal war and revolution to bring down the government as we know it and build something new, or at least closer to the original constitution if that's the goal.

i say the same thing to any theory - like faked moon landings or flat earth or less insane ones like this Fed thing. ok, so maybe you're right. what's your point? what do you want to be DONE about it, and what will that change? are you going to do it? do you think you can actually effect change at all?

Many folks, myself included, are fascinated by bitcoin because a belief that it can take down the Fed and the other central banks.  The concept of bitcoin is very powerful.

Maybe 10,000 us$ by the end of the weekend?

...well, ok, yea. that's... very true. i... er... right, shutting up.

am a bit drunk to respond fairly to this convo, but you both have valid points and shouldn't back off. Bitcoin itself will do a lot of the heavy lifting in ending the Fed and creating an honest society. But it also us - what are we doing to those ends? holding, running nodes, mining, building infrastructure? keeping the USG out (cf scams like eth/bcash/intel/google)?

personally, all i can do is run a node at the moment. which, come to think of it, might not even be a full node - i think i need to open a port of the router or such... but i enjoy mining and hodling. just no money to get decent gear, and my 100 gh's isn't exactly worth running these days. i used to dream about having a big farm, but i've had a rather rough decade, financially, so it hasn't happened. might finally have a decent job though, so who knows.

sure man i read about some of your heyday early group buy, but you can still educate people after the day job and you can maybe put some $ aside into btc each month. you need a bit of money for a full node for the uphill b/w, but hey we all do what we can do

yep... once i actually can, you know, cover my bills, btc savings for sure.

[Last of the V8s]

There's still like some % chance of that huge crash from 11-13k down to new bottoms, no?
Or even straight down from here.
Maybe tera means all the off topic.