Bitcoin Forum
July 31, 2021, 07:03:30 PM *
News: Latest Bitcoin Core release: 0.21.1 [Torrent]
 
   Home   Help Search Login Register More  
Poll
Question: Which price is bitcoin going to reach first? (credits to Jay)
$25K - 56 (34.6%)
$50K - 106 (65.4%)
Total Voters: 162

Pages: « 1 ... 20713 20714 20715 20716 20717 20718 20719 20720 20721 20722 20723 20724 20725 20726 20727 20728 20729 20730 20731 20732 20733 20734 20735 20736 20737 20738 20739 20740 20741 20742 20743 20744 20745 20746 20747 20748 20749 20750 20751 20752 20753 20754 20755 20756 20757 20758 20759 20760 20761 20762 [20763] 20764 20765 20766 20767 20768 20769 20770 20771 20772 20773 20774 20775 20776 20777 20778 20779 20780 20781 20782 20783 20784 20785 20786 20787 20788 20789 20790 20791 20792 20793 20794 20795 20796 20797 20798 20799 20800 20801 20802 20803 20804 20805 20806 20807 20808 20809 20810 20811 20812 20813 ... 29234 »
  Print  
Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 25375759 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. (157 posts by 13 users deleted.)
Hueristic
Legendary
*
Offline Offline

Activity: 2800
Merit: 2128


Doomed to see the future and unable to prevent it


View Profile
July 17, 2018, 03:29:31 AM

Yes whenever you use a wallet you may have multi-inputs and multiple signatures, you just don’t necessarily realize it.  

Besides, Schnorr is just a stepping stone to coinjoin.  

Linky?

https://bitcointalk.org/index.php?topic=1447960.msg14644650#msg14644650


Here's a good repost re CoinJoin
http://diyhpl.us/wiki/transcripts/building-on-bitcoin/2018/coinjoinxt/


Nothing on Schnorr tho


Thanks Guys, I think this is it.

Quote
Then he suggested just using Schnorr multi-signature instead of the BLS signatures. The idea is that if you have inputs with pubkeys P and P2  you can combine them and to form a P+P2 pubkey and sign with that to prove authorization with both keys.  When this had previously been discussed the fact that someone malicious could set their P2 to P3-P and then sign the aggregate with just P3 seemed to kill it.

But actually a few months ago Pieter Wuille solved this as a side effect of his key tree multi-signature work,  He suggested instead that to combine P and P2, you use P*H(P) + P2*H(P2); this doesn't inhibit signing, but it makes it impossible to create a pubkey as a linear combination of other pre-existing pubkeys. Pieter has an implementation of this as part of the Libsecp256k1 multi-signature work: https://github.com/bitcoin/secp256k1/pull/322

https://bitcointalk.org/index.php?topic=1377298.msg14011669#msg14011669
1627758210
Hero Member
*
Offline Offline

Posts: 1627758210

View Profile Personal Message (Offline)

Ignore
1627758210
Reply with quote  #2

1627758210
Report to moderator
1627758210
Hero Member
*
Offline Offline

Posts: 1627758210

View Profile Personal Message (Offline)

Ignore
1627758210
Reply with quote  #2

1627758210
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1627758210
Hero Member
*
Offline Offline

Posts: 1627758210

View Profile Personal Message (Offline)

Ignore
1627758210
Reply with quote  #2

1627758210
Report to moderator
stelee68
Member
**
Offline Offline

Activity: 686
Merit: 19


View Profile
July 17, 2018, 03:37:47 AM

The next bull cycle is coming?



I am quite sure this is the signal we have been waiting for...

BTC To the moon!
ivomm
Legendary
*
Offline Offline

Activity: 1424
Merit: 1307


All good things to those who wait


View Profile
July 17, 2018, 03:45:49 AM

This guy must be 100% sure that BTC will surpass $280K in 2023 to bet $6.3 mil.  Grin
https://www.etftrends.com/crypto-trader-big-on-bitcoin-exceeds-warren-buffett-berkshire-price
josephpogi
Full Member
***
Offline Offline

Activity: 434
Merit: 168



View Profile
July 17, 2018, 03:49:08 AM

Hold on! bear months is more exciting
Anon136
Legendary
*
Offline Offline

Activity: 1722
Merit: 1216



View Profile
July 17, 2018, 03:51:10 AM

This guy must be 100% sure that BTC will surpass $280K in 2023 to bet $6.3 mil.  Grin
https://www.etftrends.com/crypto-trader-big-on-bitcoin-exceeds-warren-buffett-berkshire-price

Not a bad bet I think. But that counterparty risk Shocked. Trusting someone to actually pay out 1.2 billion, that's more trust than I have in anyone.
cAPSLOCK
Legendary
*
Offline Offline

Activity: 2996
Merit: 2497


Volcano Corn!


View Profile
July 17, 2018, 03:51:58 AM
Merited by BobLawblaw (2), jojo69 (1)

^unrelatedly: Have fun while making those private keys secure!



https://www.etsy.com/listing/614770978/d20-twerk-o-matic-booty-dice-butt-plug (via @shinohai)

Oh lord.  You are gonna have Bob dressed up as a wizard with a dungeons and dragons campaign going with that kind of post...
Anon136
Legendary
*
Offline Offline

Activity: 1722
Merit: 1216



View Profile
July 17, 2018, 03:57:14 AM

^unrelatedly: Have fun while making those private keys secure!

https://www.etsy.com/listing/614770978/d20-twerk-o-matic-booty-dice-butt-plug (via @shinohai)

Oh lord.  You are gonna have Bob dressed up as a wizard with a dungeons and dragons campaign going with that kind of post...

Jesus man. What is wrong with you?
cAPSLOCK
Legendary
*
Offline Offline

Activity: 2996
Merit: 2497


Volcano Corn!


View Profile
July 17, 2018, 03:59:11 AM
Merited by Last of the V8s (1)

^unrelatedly: Have fun while making those private keys secure!

https://www.etsy.com/listing/614770978/d20-twerk-o-matic-booty-dice-butt-plug (via @shinohai)

Oh lord.  You are gonna have Bob dressed up as a wizard with a dungeons and dragons campaign going with that kind of post...

Jesus man. What is wrong with you?

Top problem at the moment?  Or the top 10 list?
kaushiks093
Newbie
*
Offline Offline

Activity: 56
Merit: 0


View Profile
July 17, 2018, 04:03:25 AM

As times change, your methods may need to change, too.
jbreher
Legendary
*
Offline Offline

Activity: 2912
Merit: 1515


lose: unfind ... loose: untight


View Profile
July 17, 2018, 04:06:09 AM

And if that each person wanted to make just 32 transactions to different people bcash would need 30yrs to process that. Think about that!

I have thought about that. Today, that is indeed the case. Or even maybe longer - as 32MB is the currently supported max, which is subject to miners' decisions to create blocks smaller than max.

Which is, of course, why there has been discussion within the BCH development community -- for as long as there has been a BCH -- on other orthogonal approaches to scaling.

So while true today, it will be false for some value of 'tomorrow'.

In the meantime, BCH is not suiciding itself for the sake of some illusory benefit of 'decentralization' along some axis that is entirely irrelevant.

Orthogonal?

Yes. Do you understand the term? In this case, meaning scaling in a manner unrelated to the max block size.

Quote
You mean like side chains!

Sidechainy things are within the universe of things being discussed, though certainly not exclusively, nor even leadingly.

Quote
WTF that wasn't in Satoshi's white paper!!!

Point?

Quote
Wait so you're saying that different solutions might come in the future so time and resources are better spent on near term issues

In a manner of speaking, yes. Time tested engineering principles focus on the bang-for-the-buck solutions. Always.

However, it is not 'might come'. We know of several scaling solutions orthogonal to increasing the max block size. The discussions underway are focused upon cost/benefit analysis. Or alternately risk/benefit analysis. You know - the essence of engineering.
xhomerx10
Legendary
*
Offline Offline

Activity: 2828
Merit: 4008


Go! BTC Go!


View Profile
July 17, 2018, 04:15:16 AM
Merited by bitebits (1)

As times change, your methods may need to change, too.

  I think we ate at the same restaurant today!

JayJuanGee
Legendary
*
Online Online

Activity: 2702
Merit: 4378


ESG, KYC & AML are attack vectors on bitcoin


View Profile
July 17, 2018, 04:50:20 AM

[edited out]

yeah, I agree, just in this instance..just seeing the old ETF supposed, maybe happening, and then does not happen...usual reversal

what is the reason it pops up NOW, besides my 'paranoia'?  Not seeing much, but the 'supposed' ETF angle

than again, wtf do I know...just saying, what came to mind on the current pump

O.k.  Let's attempt to isolate reasons and to play a hypothetical. 

Let's hypothetically say that the ETF is having some kind of effect on the BTC price currently, if so, we could still have a buy on the rumor and sell on the news situation.  Sometimes just the idea of something bullish happening could cause a pump  in a time period that is quite a bit before the official announcement, and then when the thing actually hits, whether yes or no, then the opposite effect could happen (a dump, even with positive news, although positive news would likely cause a longer term financialization and therefore pump upon the BTC price).

On the other hand, the hypothetical is all wrong - because a large amount of the time, there are several factors that affect the price, including supply and demand issues across 100s of liquidation mechanisms, including dynamics with alts.  We also have momentum and manipulation, too.... So, sure we can play with hypotheticals that attempt to narrow down the reasons for a pump or a dump and maybe even we can list out five things that are going on that have an effect on the price in one direction or another, yet I still maintain my position that we do not necessarily benefit from putting too much effort on attempting be conclusive about the direction one way or another, because as soon as we do, then we are likely to get surprised in the other direction.   

Take margin positions for example, and I have seen a post from today saying that everything is lining up for long, including long positions, but as soon as a bunch of longs line up with margin, there will be some whale(s) who believe its to their advantage to force them to close (by pushing the price down)


I would rather this just be a coincidence and part of the general fatigue and pump back to what I think are reasonable above 10k prices

but if wishes were fishes...we'd all take a swim...

(wanders off mumbling to self..have a hard enough time with 'current' reality....add magical internet money on top of that mess and I'm

more than a bit befuddled...) Sad

I do agree with you that if you can pinpoint the reason(s), then you can figure out a little bit what you are going to do, and what kind of tentative timeline to give your plan.   On the other hand, you can still make a plan for what the price actually does rather than needing some kind of reason(s) for it.  So in that regard, if the price goes up, then you make play x, and if prices go down you make plan y.. also you could have a plan to cash out.. certain percentage(s) of your stash for every certain amount of time period (that is also not dependent upon reasons).  So if your overall plan was to cash out 3% per year, then instead you might choose to cash out .25% per month (which is 1/12) of 3%.. or some variation that does not depend on any explanation for why BTC prices are doing A, B or C.
ToTheMoon_XOM9IK
Full Member
***
Offline Offline

Activity: 686
Merit: 155


View Profile WWW
July 17, 2018, 04:55:14 AM

6800

JayJuanGee
Legendary
*
Online Online

Activity: 2702
Merit: 4378


ESG, KYC & AML are attack vectors on bitcoin


View Profile
July 17, 2018, 05:10:14 AM

Are you assuming that we need "one last BIG correction"? 
I'm not assuming that much, but that's what my gut tells me through... well, that's advanced SOMA stuff  Tongue

Fair enough, and really in sum it sounds as if you have quite a bit stronger view about the probability of down than I do, but in the end, on a personal preparation level (financially and psychologically) I don't really care that much about whether we have additional down.  Sure, I profit more with UPwards price movements, but like we discussed several times, we have to attempt to figure out ways to set our orders in such a way that we can get some advantage(s) from any price movement that happens.


I'm glad I followed my gut by shorting. I managed to stash some away and with this little climb I'm still well in the green even with the play money I left on the table.

I agree that it is a good thing for you, and it is a good thing that you found a plan that you were able to tailor to your own comfort level....  For myself, I have some curiousity about how shorting plays out for others, but I have no compelling reason to change my own practice because what I do feels really good for me.  I did go out and buy a couple of nice things in the past few weeks, so my bitcoin strategy is not taking away from my treating of myself.  By the way, I recall that you took a sufficiently modest short that was an attempt to prepare for price movements in either direction, which is a good thing to do.   Perhaps on reflection you want to tell yourself to play bigger on the next short that you take in similar circumstances (and that could end up playing out in a different way... A lot of shorters do get reckt, so hopefully there are ways to act in moderation in order to not wipe out your profits with any future shorts that you might take - and more likely to be true if you continue to play them in moderation rather than getting greedy.

My final point, however, was the admission that for all we know, the badger might well not give a single fuck what we or anybody else thinks or feels.

I do not engage in these kinds of discussions in order to find out how people feel, but instead to brainstorm differing perspectives.  Yes, largely I have developed plans for myself that play out no matter the price direction and no matter what other people think or feel, but in the end on the margins, we can still learn by sharing ideas with other peeps... and some other peeps are going to profit from our sharing of knowledge (and experiences) too.  Don't get me wrong, I am largely in agreement with you... which is that I doubt that my input or the input of others in this thread causes BTC price action(s), but we still have the ability to profit from participating in such thread discussions, even if seemingly repetitive.


Anon136
Legendary
*
Offline Offline

Activity: 1722
Merit: 1216



View Profile
July 17, 2018, 05:12:26 AM

6800



I don't think there are too many people up to celebrate with you right now but I will. Cheers.
Wekkel
Legendary
*
Offline Offline

Activity: 2898
Merit: 1463


yes


View Profile
July 17, 2018, 05:17:44 AM

6800



I don't think there are too many people up to celebrate with you right now but I will. Cheers.

The 6800 has been a barrier lately. Breaking it would be a bullish signal. But a fail to break it would spoil our summer party.
jojo69
Legendary
*
Offline Offline

Activity: 2156
Merit: 2788


1/21000000 , the only math you need to know


View Profile
July 17, 2018, 06:07:43 AM

OK

Dungeon Master Bob in a robe and pointy hat got a hearty chuckle out of me.

merit
DaRude
Legendary
*
Offline Offline

Activity: 2274
Merit: 1414


In order to dump coins one must have coins


View Profile
July 17, 2018, 06:13:26 AM

And if that each person wanted to make just 32 transactions to different people bcash would need 30yrs to process that. Think about that!

I have thought about that. Today, that is indeed the case. Or even maybe longer - as 32MB is the currently supported max, which is subject to miners' decisions to create blocks smaller than max.

Which is, of course, why there has been discussion within the BCH development community -- for as long as there has been a BCH -- on other orthogonal approaches to scaling.

So while true today, it will be false for some value of 'tomorrow'.

In the meantime, BCH is not suiciding itself for the sake of some illusory benefit of 'decentralization' along some axis that is entirely irrelevant.

Orthogonal?

Yes. Do you understand the term? In this case, meaning scaling in a manner unrelated to the max block size.

Quote
You mean like side chains!

Sidechainy things are within the universe of things being discussed, though certainly not exclusively, nor even leadingly.

Quote
WTF that wasn't in Satoshi's white paper!!!

Point?

Quote
Wait so you're saying that different solutions might come in the future so time and resources are better spent on near term issues

In a manner of speaking, yes. Time tested engineering principles focus on the bang-for-the-buck solutions. Always.

However, it is not 'might come'. We know of several scaling solutions orthogonal to increasing the max block size. The discussions underway are focused upon cost/benefit analysis. Or alternately risk/benefit analysis. You know - the essence of engineering.


Reread that ^ few times, and then read your initial troll post about it taking 30yrs to transfer BTC to every human on earth. And then try really really REALLY hard to continue to troll as if you don't see the parallels
Phil_S
Legendary
*
Offline Offline

Activity: 1498
Merit: 1044


We choose to go to the moon


View Profile
July 17, 2018, 06:14:21 AM

The daily 200 MA is falling pretty steeply these days. At this rate, it won't be much longer until it encounters the 50 MA for a golden cross.

Assuming the 50 MA flattens out around current prices, this would bring us to mid-September-ish. This is how it played out the last time we had a golden cross in 2015: the 200 MA fell to meet a flat 50 MA.

200 MA fall would slow down, pretty soon. It would be just barely under $8000 in September. It might even stop there...

We would be very lucky if the price (let alone 50 MA) reaches $8000 in September.
JayJuanGee
Legendary
*
Online Online

Activity: 2702
Merit: 4378


ESG, KYC & AML are attack vectors on bitcoin


View Profile
July 17, 2018, 06:18:23 AM

The daily 200 MA is falling pretty steeply these days. At this rate, it won't be much longer until it encounters the 50 MA for a golden cross.

Assuming the 50 MA flattens out around current prices, this would bring us to mid-September-ish. This is how it played out the last time we had a golden cross in 2015: the 200 MA fell to meet a flat 50 MA.

200 MA fall would slow down, pretty soon. It would be just barely under $8000 in September. It might even stop there...

We would be very lucky if the price (let alone 50 MA) reaches $8000 in September.

You are a party poop, Phil.   



Pages: « 1 ... 20713 20714 20715 20716 20717 20718 20719 20720 20721 20722 20723 20724 20725 20726 20727 20728 20729 20730 20731 20732 20733 20734 20735 20736 20737 20738 20739 20740 20741 20742 20743 20744 20745 20746 20747 20748 20749 20750 20751 20752 20753 20754 20755 20756 20757 20758 20759 20760 20761 20762 [20763] 20764 20765 20766 20767 20768 20769 20770 20771 20772 20773 20774 20775 20776 20777 20778 20779 20780 20781 20782 20783 20784 20785 20786 20787 20788 20789 20790 20791 20792 20793 20794 20795 20796 20797 20798 20799 20800 20801 20802 20803 20804 20805 20806 20807 20808 20809 20810 20811 20812 20813 ... 29234 »
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!