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Question: Closing BTC Price June 17:
$0 - 2 (1.7%)
<$6,500 - 7 (6.1%)
$6,500-$6,750 - 1 (0.9%)
$6,751-$7,000 - 2 (1.7%)
$7,001-$7,250 - 3 (2.6%)
$7,251-$7,500 - 6 (5.2%)
$7,501-$7,750 - 4 (3.5%)
$7,751-$8,000 - 12 (10.4%)
$8,001-$8,250 - 13 (11.3%)
$8,251-$8,500 - 6 (5.2%)
$8,501-$8,750 - 6 (5.2%)
$8,751-$9,000 - 11 (9.6%)
$9,001,$9,250 - 10 (8.7%)
$9,251-$9,500 - 9 (7.8%)
>$9,500 - 15 (13%)
$20,000 - 8 (7%)
Total Voters: 115

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 21223885 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. (64 posts by 15 users deleted.)
Rosewater Foundation
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July 14, 2018, 12:55:02 AM

As noted above, Segwit is default setting on Trevor but you can open legacy addresses.  You only get “forced” onto Segwit if you don’t understand what you are doing.

Ok, now who's Trevor? Should I update my list?

Edit: updated
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There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, which will follow the rules of the network no matter what miners do. Even if every miner decided to create 1000 bitcoins per block, full nodes would stick to the rules and reject those blocks.
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yefi
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July 14, 2018, 12:58:48 AM

Here's a short-list of posters that frighten me:

PoolMiner
HairyMaclairy
LastOfTheV8's
Bob
Nanobtc
MajorMax
Anon136
Theymos is (still) sort of iffy


Updated. This list is subject to change without notice.

What's so frightening about them may I ask?
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July 14, 2018, 01:01:56 AM


Has anyone noticed how Dash has been the bellweather for many recent market moves? It seems to precede the Bicoin turns by anywhere from a minute to two hours. Dash has a tiniy market cap and paper thin volume, so this should not be the case, IMO.

Of course, you would come back to this thread to bring up some stupid-ass cock-a-mie off-topic alt-coin pumping theory that makes little to no sense, except for yourself to attempt to suggest that the tail is wagging the dog rather than the other way around.  go figure?   Roll Eyes Roll Eyes

By the way, how is the sale of all your BTC in the $200s going and subsequent attempt to short (and pump your short) at $500?   Tongue

Were you smart enough to get back in at some point prior to $19k?

Oooo that just sounds painful. Ouch

BJA has a fairly interesting history, for a seeming bitcoin OG that has also been talking his book, and really trying to get others to follow him in his selling and/or shorting.  He had admitted it several times, too, but he also admitted a few times when he had taken pretty strong positions and got rekt pretty bad, too... which is sad - but utlmately stupid since he was trying to act like he was the smartest person in the room when he was taking some of those positions.

He also has a pretty famous quote in the "new gentlemen elite thread" in 2011, where he said he was going to ride this pig (referring to bitcoin) wherever it takes him - but then again, he soon did not even follow his own supposed bullish statement.

So, it does seem that he is the same account, but you really cannot tell for sure if someone bought out the account, either.

Ahh, Context is everything! thanks for the recap. Smiley


Has anyone noticed how Dash has been the bellweather for many recent market moves? It seems to precede the Bicoin turns by anywhere from a minute to two hours. Dash has a tiniy market cap and paper thin volume, so this should not be the case, IMO.

Of course, you would come back to this thread to bring up some stupid-ass cock-a-mie off-topic alt-coin pumping theory that makes little to no sense, except for yourself to attempt to suggest that the tail is wagging the dog rather than the other way around.  go figure?   Roll Eyes Roll Eyes

By the way, how is the sale of all your BTC in the $200s going and subsequent attempt to short (and pump your short) at $500?   Tongue

Were you smart enough to get back in at some point prior to $19k?

Oooo that just sounds painful. Ouch

BJA has a fairly interesting history, for a seeming bitcoin OG that has also been talking his book, and really trying to get others to follow him in his selling and/or shorting.  He had admitted it several times, too, but he also admitted a few times when he had taken pretty strong positions and got rekt pretty bad, too... which is sad - but utlmately stupid since he was trying to act like he was the smartest person in the room when he was taking some of those positions.

He also has a pretty famous quote in the "new gentlemen elite thread" in 2011, where he said he was going to ride this pig (referring to bitcoin) wherever it takes him - but then again, he soon did not even follow his own supposed bullish statement.

So, it does seem that he is the same account, but you really cannot tell for sure if someone bought out the account, either.

I got in because I loved the economics of Bitcoin. I'm an econogeek, not a technogeek. I never suspected there would be a transaction capacity issue. Then I came to the conclusion that it was a governance issue and the blocksize thing was just a symptom.  My rekt trading positions as it turned out didn't matter too much because Bitfinex stole 1/3 of my account anyway when they got "hacked". I actually lucked out because it took so long to recover my private keys from an obsolete wallet.dat file that the price blew sky high. Of course i still sold too much too early, but I had forgotten about the coins in about a half dozen exchanges that i had scattered around to diversify my risk. sold them too eventually.  I actually felt like a chump at the top thinking "what the hell am I going to do with all this depreciating fiat?"

I loved Bitcoin, but it's MySpace. I'm looking for the FaceBook of crypto. Bitcoin was pioneering, but a pioneer is a guy lying face down in a pool of his own blood with arrows in his back.  it's something to learn from.  

Have a merit for the honesty. Smiley

Then I came to the conclusion that it was a governance issue and the blocksize thing was just a symptom.  

Yeah, of course, attacks on bitcoin.  If you are still harping on governance, then you are still harping on attacking bitcoin and failing/refusing to accept bitcoin for what  it is and instead trying to prescribe your own  narrow vision on it.


Well in all fairness there is no governance that is perfect but I your going to shill dash then that is the last thing you want to harp on!!! Cheesy

Jesus this thread, 10 pages to go all ready today. fuck.

All you kids wanting to get in on the ground floor of something big.  Its not too late.  You have about a year to build your Bitcoin holdings.  Chasing shitcoin pumps is going to get you nowhere. 

Well this is not really true there is no more 50X a year coming and there are some shitcoins that will manage that.
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July 14, 2018, 01:04:00 AM

Here's a short-list of posters that frighten me:

PoolMiner
HairyMaclairy
LastOfTheV8's
Bob
Nanobtc
MajorMax
Anon136
Theymos is (still) sort of iffy


Updated. This list is subject to change without notice.

What's so frightening about them may I ask?


Nothing

Just be wary of members who know hardly anything about why the bitcoin blockchain is essential in the currency war against the centrally controlled banks




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July 14, 2018, 01:09:22 AM


What's so frightening about them may I ask?

Xenophobia mostly. Strangers have pathogens I have no immunity to. Also, I suspect they are all j00s.
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July 14, 2018, 01:11:04 AM

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How much alt coin diversification is needed? 0%?


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July 14, 2018, 01:15:51 AM

All you kids wanting to get in on the ground floor of something big.  Its not too late.  You have about a year to build your Bitcoin holdings.  Chasing shitcoin pumps is going to get you nowhere.  

Well this is not really true there is no more 50X a year coming and there are some shitcoins that will manage that.

I would prefer to frame the matter in terms of a pump period, rather than in terms of a year, and in the past pump period, from about October 2015 to December 2017 (26 months), we got about a 78x price appreciation.  

Now if our next pump period takes us from $6k to $300k, then that would be a 50x price appreciation for that pump period... It might not be completely expected, but it remains possible.

I personally get a bit offended when folks decide to "invest" in other coins because they believe them to be more easy to pump 50x or some other similar quantity.  Even though I get a bit offended, I understand that is the way of the world, so I accept it as it is, so there are all kinds of goofballs who are going to make killings of money by participating in pump and dumps and other scams, but I am personally not going to spend my time or energies to sink to such lambo chasing ventures.. when there are more honorable ways to invest and to make money, and I can already by my "lambo equivalent" with my already gotten bitcoin profits, if I were to want to buy such.. and I believe that my investment in bitcoin continues to be sound and a good investment - even though I am also prepared to transfer (or diversify) my investment into some other coin or project, if such a thing were to come about.  Currently, I do not see any such projects, and in my view, since we were also talking about dash (in regards to BJA's latest pump attempts), dash is also not that thing (I recognize that you seem to agree about that, but you might be more inclined towards getting involved in some other shit coins, no?).   Wink
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July 14, 2018, 01:29:03 AM
Last edit: July 14, 2018, 01:55:12 AM by Anon136

My coins all got placed in segwit addresses when I moved them to a new Trezor.
This.
that's it

Perhaps I should have worded it differently. I could have opted out of them going into segwit addresses. I simply did not. And so because I did not they were placed in a setwit address. Very sorry to have spread confusion and misunderstanding. Embarrassed



As noted above, Segwit is default setting on Trevor but you can open legacy addresses.  You only get “forced” onto Segwit if you don’t understand what you are doing.

Whether people who don’t know what they are doing should be defaulted to Segwit is an interesting debate.  I would be inclined to go with “yes”.  

In my case I understood that I could have chosen a non-segwit address it simply hadn't occurred to me that there would be a good reason not to migrate to segwit. (I'm still not convinced there is except to those who are exceptionally paranoid)
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July 14, 2018, 01:31:06 AM

So...the Bitcoin volatility index is down to 3.5% (down from over 7% in December). Back in 2016 it was down under 1% just before the price started to move upwards. Same in January 2013 and August 2013 (1.7%).

I think that the volatility index will come down next month, bitcoin will be boring, and the price will start it's move up from there (or it might take a couple of months to come down).
HODL and Waiting...
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July 14, 2018, 02:15:40 AM

2-4 years in a drunken stupor really does just fly by.

I picked a bad time to get clean  Sad
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July 14, 2018, 02:19:02 AM

All you kids wanting to get in on the ground floor of something big.  Its not too late.  You have about a year to build your Bitcoin holdings.  Chasing shitcoin pumps is going to get you nowhere.  

Well this is not really true there is no more 50X a year coming and there are some shitcoins that will manage that.

I would prefer to frame the matter in terms of a pump period, rather than in terms of a year, and in the past pump period, from about October 2015 to December 2017 (26 months), we got about a 78x price appreciation.  

Now if our next pump period takes us from $6k to $300k, then that would be a 50x price appreciation for that pump period... It might not be completely expected, but it remains possible.

I personally get a bit offended when folks decide to "invest" in other coins because they believe them to be more easy to pump 50x or some other similar quantity.  Even though I get a bit offended, I understand that is the way of the world, so I accept it as it is, so there are all kinds of goofballs who are going to make killings of money by participating in pump and dumps and other scams, but I am personally not going to spend my time or energies to sink to such lambo chasing ventures.. when there are more honorable ways to invest and to make money, and I can already by my "lambo equivalent" with my already gotten bitcoin profits, if I were to want to buy such.. and I believe that my investment in bitcoin continues to be sound and a good investment - even though I am also prepared to transfer (or diversify) my investment into some other coin or project, if such a thing were to come about.  Currently, I do not see any such projects, and in my view, since we were also talking about dash (in regards to BJA's latest pump attempts), dash is also not that thing (I recognize that you seem to agree about that, but you might be more inclined towards getting involved in some other shit coins, no?).   Wink

So we are on the same page, afa shitcoins, I don't get involved with them. Monero is the only coin I hold (for obvious reasons) and I don't think there is anyone left that feels that is a shitcoin. But I do keep an eye on new tech as I don't believe we have invented all the human race will ever achieve as of yet and the future might hold a better option to anything current.

I do not participate in P&D's and been asked multiple times to endorse shitcoins. Funny thing about that is they offer ETH instead of BTC to shill their shit. I have called out a few scams and will continue to call them out when I see them.

And yeah, 300k is not on the horizon in anyones opinion at the moment and I'd bet my Dick Mcafee wishes he never bet his! Cheesy

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July 14, 2018, 02:21:11 AM

Here's a short-list of posters that frighten me:

PoolMiner
HairyMaclairy
LastOfTheV8's
Bob
Nanobtc
MajorMax
Anon136
Theymos is (still) sort of iffy


Updated. This list is subject to change without notice.

What's so frightening about them may I ask?


Nothing

Just be wary of members who know hardly anything about why the bitcoin blockchain is essential in the currency war against the centrally controlled banks


Right. Us experts know that the Bitcoin blockchain is essential because it's the only way to buy most of the crank on alphabay.
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July 14, 2018, 02:30:19 AM

Small rally leading up to the ETF than bingo bango, or pie in the sky?
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July 14, 2018, 02:44:20 AM
Last edit: July 14, 2018, 03:08:41 AM by Anon136

Small rally leading up to the ETF than bingo bango, or pie in the sky?

If it doesn't look like bitcoin is rallying, than zoom in and out until it does. Cheesy

*edit* This would make a great meme. Dude looks at his computer and bitcoin is going down, he looks dismayed. So he zooms out and it looks even worse so he looks even worse. Then he zooms back in to just the right time scale where it looks bullish and he wipes his forehead in relief and smiles contently. I wish I knew how to do art some times. I'll throw a few shekels at anyone who makes it.
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It's over 9000!


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July 14, 2018, 03:06:37 AM
Last edit: July 14, 2018, 02:46:53 PM by xhomerx10

#BULLISH!




 edit: My daughter doesn't like what I did here... she says, "It's mean!"  Cry
I'm a bad father.
mymenace
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July 14, 2018, 03:10:58 AM

Here's a short-list of posters that frighten me:

PoolMiner
HairyMaclairy
LastOfTheV8's
Bob
Nanobtc
MajorMax
Anon136
Theymos is (still) sort of iffy


Updated. This list is subject to change without notice.

What's so frightening about them may I ask?


Nothing

Just be wary of members who know hardly anything about why the bitcoin blockchain is essential in the currency war against the centrally controlled banks


Right. Us experts know that the Bitcoin blockchain is essential because it's the only way to buy most of the crank on alphabay.

Whats an alphabay, I know central banks, blockchain, currencies

Is it a criminal thing something central banks would use to do bad things, get their coke, make hits etc
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July 14, 2018, 03:17:10 AM


spooky
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July 14, 2018, 03:22:14 AM

All you kids wanting to get in on the ground floor of something big.  Its not too late.  You have about a year to build your Bitcoin holdings.  Chasing shitcoin pumps is going to get you nowhere.  

Well this is not really true there is no more 50X a year coming and there are some shitcoins that will manage that.

I would prefer to frame the matter in terms of a pump period, rather than in terms of a year, and in the past pump period, from about October 2015 to December 2017 (26 months), we got about a 78x price appreciation.  

Now if our next pump period takes us from $6k to $300k, then that would be a 50x price appreciation for that pump period... It might not be completely expected, but it remains possible.

I personally get a bit offended when folks decide to "invest" in other coins because they believe them to be more easy to pump 50x or some other similar quantity.  Even though I get a bit offended, I understand that is the way of the world, so I accept it as it is, so there are all kinds of goofballs who are going to make killings of money by participating in pump and dumps and other scams, but I am personally not going to spend my time or energies to sink to such lambo chasing ventures.. when there are more honorable ways to invest and to make money, and I can already by my "lambo equivalent" with my already gotten bitcoin profits, if I were to want to buy such.. and I believe that my investment in bitcoin continues to be sound and a good investment - even though I am also prepared to transfer (or diversify) my investment into some other coin or project, if such a thing were to come about.  Currently, I do not see any such projects, and in my view, since we were also talking about dash (in regards to BJA's latest pump attempts), dash is also not that thing (I recognize that you seem to agree about that, but you might be more inclined towards getting involved in some other shit coins, no?).   Wink

So we are on the same page, afa shitcoins, I don't get involved with them. Monero is the only coin I hold (for obvious reasons) and I don't think there is anyone left that feels that is a shitcoin. But I do keep an eye on new tech as I don't believe we have invented all the human race will ever achieve as of yet and the future might hold a better option to anything current.

I do not participate in P&D's and been asked multiple times to endorse shitcoins. Funny thing about that is they offer ETH instead of BTC to shill their shit. I have called out a few scams and will continue to call them out when I see them.

And yeah, 300k is not on the horizon in anyones opinion at the moment and I'd bet my Dick Mcafee wishes he never bet his! Cheesy

You gotta be pretty confident to bet your dick, or just be an attention whore.

The fact of the matter is that you should not be betting your dick, unless it just does not work anyhow.. but it seems to be amongst the most valuable of assets.... don't they say that one of the most important things that you can have is your health, which is kind of a factor of time and years to live, and gosh, I would think that you would want to have your dick for such time, if you have time that is available, then it should be quality time..  which in sum, means using your dick to the extent feasible.  Perhaps, I am too sentimental?

We do hear about some guys who agree to some kind of treatment (such as prostate cancer) or other kinds of drug treatments that take away libido, but then we have other guys who take viagra to off-set those other drugs.  It is difficult to proclaim to know the answers for other people, and I do understand diminishing hormones that comes with age too, and surely some guys might not be wanting to use their dicks no more...

Anyhow, my point is perhaps moderation, and don't be betting your dick, because none of us know.

By the way, I don't need $300k to be happy, and I probably could be happy with $6k.. or even $2k, yet I have a decent amount of confidence that bitcoin is going to continue to appreciate in terms of price, so we have a certain great investment and icing on the cake for any price appreciation that comes from here.... Gosh, anything approaching $300k, and I might not know what to do with that much wealth.  hahahahahahaha.. but I would probably figure out something.. perhaps helicopter lessons, though I might prefer a chauffer (private pilot) rather than to end up killing myself because I don't know how to fly my (currently hypothetical) helicopter properly.
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July 14, 2018, 03:25:34 AM


I used the right word. I've looked this up before. Only a few months ago because I just to make sure I was doing it right. Then refers to time, than refers to consequence.

If it doesn't look like bitcoin is rallying, than zoom in and out until it does.

I went to the store, then I went home.
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It's over 9000!


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July 14, 2018, 03:30:08 AM


I used the right word. I've looked this up before. Only a few months ago because I just to make sure I was doing it right. Then refers to time, than refers to consequence.

If it doesn't look like bitcoin is rallying, than zoom in and out until it does.

I went to the store, then I went home.

 Are you willing to bet your dick on that?
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