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Question: What happens first:
New ATH - 43 (69.4%)
<$60,000 - 19 (30.6%)
Total Voters: 62

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26384765 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. (174 posts by 3 users with 9 merit deleted.)
Paashaas
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June 18, 2018, 07:34:22 PM
Merited by JayJuanGee (1)

Haha. D^4, you have all the arguing skills of a precocious seven year old.

kampai!

Straight from the Bcash handbook: accuse your opponent of what you are doing.

Nice try Jonald Fyookball.
Paashaas
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June 18, 2018, 07:40:24 PM

' Bitcoin is not centralised so per definition not stable'
I love stuff like this.

Define centralised. Define stable. Explain how one follows the other by definition. What's that shitcake? You can't? Well then fuck you.

Also shitcake is now a word, spellchecker.

Here is a download link link to the primary source PDF on that BIS hit piece from the other day

https://www.bis.org/publ/arpdf/ar2018e5.htm

Jojo69 made a link to a 24 page report. Go read it just like i did.

To lazy to click you idiot?

regent4
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June 18, 2018, 07:41:29 PM

hourly
https://i.imgur.com/G7QnQnG.png

daily
https://i.imgur.com/IQQeRZo.png

3 day analysis
http://blockchainshowdown.blogspot.com/2018/06/btc-usd-19th-june-2018.html
Ibian
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June 18, 2018, 07:41:48 PM

' Bitcoin is not centralised so per definition not stable'
I love stuff like this.

Define centralised. Define stable. Explain how one follows the other by definition. What's that shitcake? You can't? Well then fuck you.

Also shitcake is now a word, spellchecker.

Here is a download link link to the primary source PDF on that BIS hit piece from the other day

https://www.bis.org/publ/arpdf/ar2018e5.htm

Jojo69 made a link to a 24 page report. Go read it just like i dit.

To lazy to click you idiot?


That... wasn't aimed at you. Just commenting.
kromer
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June 18, 2018, 08:00:54 PM

Nothing stirs up a debate quite like talking about women. Better to ignore them. That's what they want, right?  Cheesy

MGIOW is the answer. Bitcoin = MGIOW: Money Going It's Own Way.
becoin
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June 18, 2018, 08:05:15 PM

Well, thank you for the cheap coins. 2018 bottom confirmed. Up we go!
El duderino_
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BTC + Crossfit, living life.


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June 18, 2018, 08:26:36 PM

Well, thank you for the cheap coins. 2018 bottom confirmed. Up we go!


it would be nice if this would be the real bottom hope youre right
let there be some new long term hodlers be to join the community , few friends of me also got in on this DIP or bought a little more so whatever i am happy for the LONG term believers that got a nice oppertunity of increasing there amount of BTC's
CookieFactory
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June 18, 2018, 08:33:44 PM

As I posted between there and here, Segwit creates three classes of Bitcoins. Each with distinctly different exposure to security vulnerabilities. 
1) Those that are completely free of any Segwit taint all the way back to their constituent coinbase transactions;
2) Those that are not currently output from a Segwit transaction, but have Segwit taint between here and their constituent coinbase transactions; and
3) Those that are the output of a Segwit transaction.


now trying to pervert the concept of fungibility.

Just because a coin is being used in a specific way that does not make such coin more or less fungible than if such coin is used in another way.

Geeze, JJG - you need to look up the definition of 'fungible'.

Geez jbreher... I see no reason for me to look up anything related to fungibility.  You are trying to make some kind of assertion that lack of fungibility is an issue, and seems that you are just making shit up.

Absolutely false. I am merely saying that Segwit creates a triple-classed asset. And that this is by definition a lack of fungibility. You said that I am "now trying to pervert the concept of fungibility". You were 100% wrong. Own it.

Quote
That is definitively a lack of fungibility. A lack of fungibility is in no way limited to some sort of centralized blacklisting.

O.k.  Fungibility issues would exist if some coins were easier to spend then others or if I could not get my coins sent because of some issue with them being tainted in some kind of way.  Again, where is the evidence of this seemingly fabricated issue  (and if it is not completely fabricated it is surely greatly exaggerated)?

The evidence is already given. Segwit creates a triple-classed asset. And that this is by definition a lack of fungibility.

Quote
Quote
Sure some BIG BLOCKER nutjobs are going to continue to exaggerate negative speculation, like you seem to be doing, and to spread disinformation about supposed catastrophes of lightning network in order to pump their stupid-ass and largely non-substantiated negative talking points.

If you want to argue the facts of the matter, step up. I made some assertions of fact.

Assertions of facts do not make facts,

true

Quote
if you don't show evidence.

but I did.

Quote
Pony up some counter-arguments. If what I said is 'disinformation', then it should be a simple matter for you to put forth proof that they are false.

I have no burden to put forth facts to rebut your bare assertions, because I have not seen anything rising to the level of meaningful facts (beyond assertions about what could happen ... not something that is actually happening)

Facts about what could happen. Exactly.



Curious, are dollars (USD) fungible? Are physical dollar bills and dollars which only exist in a bank ledger separate asset classes? What about dollar bills that have been marked in some way?
Raja_MBZ
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June 18, 2018, 08:43:38 PM
Merited by Wekkel (1)

Credits: shippr021

jojo69
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June 18, 2018, 08:44:47 PM



Curious, are dollars (USD) fungible? Are physical dollar bills and dollars which only exist in a bank ledger separate asset classes? What about dollar bills that have been marked in some way?

they can certainly become non fungible

like when they called in the silver certificates
RayX12
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June 18, 2018, 09:00:28 PM
Last edit: June 18, 2018, 10:12:35 PM by RayX12
Merited by JayJuanGee (1)

Good memories!   Grin

Vin
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June 18, 2018, 09:05:16 PM

Good memories!   Grin



Just wait a bit Smiley
RayX12
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June 18, 2018, 09:08:11 PM

Good memories!   Grin



Just wait a bit Smiley

Or this one!  Grin

JayJuanGee
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Self-Custody is a right. Say no to"Non-custodial"


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June 18, 2018, 09:25:30 PM

I will not feel right until the price is over $10k. For some reason when it is over I am calm. This low price makes me sad.  Cry

Same here. Even if I don't have any intention to sell for years, over $10K makes me feel fine... this prices makes me depressed.

I don't need it to raise much over $10K at this time because I don't plan to sell. If it went straight to $50K or $100K I would be forced to part some Bitcoins, and I don't want to.

I am still having some difficulties relating to some of you other bitcoin bulls. 

Sure, I consider myself a bitcoin bull.  What else could I be?  Especially, similar to several of you in this thread (even those with whom I have vigorous disagreements), I continue to appreciate that bitcoin remains the ONLY real crypto that provides decentralized sound money, and the various solutions that develop along the way, through bitcoin, continue to strengthen it's foundation rather than getting distracted into serving as some kind of scam... and for those kinds of reasons, bitcoin remains a threat to traditional financial institutions that are going to have to join rather than to fight - largely based on Gresham's law in which good money is going to flow into the good assets, and so far, the strongest such asset remains bitcoin.

Yet, my price perspective remains o.k., even with these current prices in the $6k to $7,500 arena, and the seeming ongoing tests of price support in the lower ends of the range. 

In the end, I am thinking that I would still be o.k. with BTC prices above $2k, but of course the lower the BTC price goes, then there are needs to reassess the situation, and to consider that the bear market is stronger and longer than what was expected.  Actually on the way down from $19,666, I continued to believe that the blow off top bull run was not over; however, the longer that this current correction lasts, the more I become resigned to the possibility that this current correction is going to last longer and the more I become resigned to the possibility that it is going to take more energy, steam and buying power to get the trend to go back up and for the bull run to continue.

Sure, going down in price causes me to recognize that I am NOT as rich as I would have been with higher BTC prices, and I "could have" taken more BTC off the table on the way up.. but int he end, it remains water under the bridge and a BIG SO FUCKING WHAT? because in the end, an investment strategy of buying on the way down and selling on the way up remains a sound strategy that does not need to be changed, just continued considerations about how much to shave off of the top on the way up in order to continue to increase BTC holdings (measuring wealth in BTC holdings rather than measuring in that asset that we refer to as "value losing fiat").

In other words, I believe that I continue to be in a similar position to most of us who were in the BTC scene before 2017, and even if we made mistakes, largely our average cost per BTC remain in the 3 digits (below $1k), and surelty there are some longer term holders/traders who have accomplished trading methods that either put them in the two digits (below $100) or even quite low in the 3 digits. 

Another possibility, for several of us, could be to engage in a  kind of trickery in accounting and to cash out of BTC the amount that we invested, and in that regard, we are playing with house money, which is that we do not have any costs associated with the BTC that we hold.  Personally, I don't feel any kind of compelling reason to employ such a harsh strategy or cashing out in order to "play with house money" because 1) that would be valuing my wealth in fiat rather than bitcoin, 2) there are no real fundamental threats to bitcoin, even if the price may perhaps go down to below $3k.. perhaps?  Perhaps? and 3) Even if I am playing with both principle and interest, such practice gives me way more money to "play" with and it is like borrowing from myself to continue to use such value to invest in bitcoin (remembering one important principle that it takes money to make money and the rich get richer, which happens to be applicable to myself and to other BTC hodlers, especially referring to those who have been largely invested into BTC before 2017)
Anon136
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June 18, 2018, 09:34:32 PM

What is this strange color that looks like blue and yellow had a baby?
bones261
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June 18, 2018, 09:36:35 PM

What is this strange color that looks like blue and yellow had a baby?

Rosewater Foundation
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June 18, 2018, 09:44:21 PM

well now

So much for another leg down. Maybe I should add shutting the fuck up to my diet. It's gluten free. Smiley
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June 18, 2018, 09:45:49 PM

because in the end, an investment strategy of buying on the way down and selling on the way up remains a sound strategy that does not need to be changed, just continued considerations about how much to shave off of the top on the way up in order to continue to increase BTC holdings (measuring wealth in BTC holdings rather than measuring in that asset that we refer to as "value losing fiat").


Truth.

-poolminor
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June 18, 2018, 09:46:05 PM
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well now

So much for another leg down. Maybe I should add shutting the fuck up to my diet. It's gluten free. Smiley

Gluten free maybe but so high in sodium. Not sure I can recommend.
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Self-Custody is a right. Say no to"Non-custodial"


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June 18, 2018, 09:46:21 PM

Good memories!   Grin




Thanks for reposting that gif.  I think that it was generated around February-ish, and sometimes the page gets stuck..... so it is good to go to the source in order that the page does not get stuck...

https://steemitimages.com/DQmPNGT2W6hkD5eEh4c7CMGEEHq2siCLSke75g11YTfEGL5/Bitcoin-Market-Cycle.gif
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