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

[Elwar]

I have no TA on this or anything but I will officially declare that weekend pumps indicate a bull market while weekend dumps indicate a bear market.

Let it be known.

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[nikauforest]

One more push up coming. I still think we need to test that phase 2 trend line, currently around 5k rising to 6k in December. Maybe we did bottom, but I am skeptical. Still happy either way.

[sirazimuth]

I swear ,lurking bitcoiners who occasionally stop in to peruse the famous WO thread these days must be like "wtf?!?"  Lol

[sirazimuth]

I have an illness called Celiac Disease and have to follow a strict gluten free diet.

I pity people with real Celiac Disease.

I may therefore become very ill if I eat food containing flours or grains of wheat, rye, barley and oats. Does this food contain flour or grains of wheat, rye, barley or oats? If you are at all uncertain about what the food contains, please tell me.

Terrible. Well, what can you eat?

I can eat food containing rice, maize, potatoes, all kinds of vegetables and fruit, eggs, cheese, milk, meat and fish - as long as they are not cooked with wheat flour, batter, breadcrumbs or sauce.

Calamari?

Well not sure about the calamari but I hear his matzah ball recipe is to die for....

[Rosewater Foundation]

another day another dollar

Goodnight Bitcoinland

[HairyMaclairy]

Wait. Who is the dude next to the coyote?

[hv_]

Haha, digged old stuff out - still good and correct.

Small blocks was dictated by the 'best' software devs and a fiat based blockstream, blocking on chain stream.

Bitcoin business devs moved on, since on-chain scaling is provenly possible in the global money world.

Sure, not with Raspis, censure and social engineering, but with decent tech and investment like minres already achieved over last years.

Do you have a BIP?  Or are you merely suggesting that folks here migrate over to bcash, since bcash is surely superior to bitcoin with its segwit and lightning network and other second layer scaling, right?

KISS is king.

Complexity will die or never take off.

[RoomBot]

I swear ,lurking bitcoiners who occasionally stop in to peruse the famous WO thread these days must be like "wtf?!?"  Lol

especially during the major dips!

Or days that end in "y"

Yup. pretty much whenever.

[JayJuanGee]

even a dip to $1k would still be profitable (even though concededly, it would not be a good thing to drop 1/8th of today's price or anything even approaching that kind of low price range).  

I'm in it to win it. If this happens I will shit myself sideways and you will all have to watch.

I just don't think that scenario is too likely.  It is like the dip from came from late 2013 rather than the dip that come from early 2013.... so I just continue to think that we are more likely in a dip from early 2013.   You gotta admit that anything approaching $1k and even below $2500 would shake a lot of weak hands, yet I am not sure that the bears have such ammunition in them, even if they are simultaneously shaking the froth from the alt coin space.

To me, it just seems that a later dip from supra $100,000 to sub $15,000 would be the more likely weak hand shaking scenario..

Tentative thinking.

Regarding your likelihood to drag us down with you in your suffering, if such a $1k dip were to play out, seems like you would have such prerogative.

[jonoiv]

So, when Franco started the Spanish Civil War, he was a left-winger?

Did some quick and dirty google-fu. Looks like it was a right wing rebellion against a leftie government. That's the best that can be hoped for when the state and the people have become polarized. See also: Let them eat cake!

I think a 'fascist military coup' against a democratically elected government is what many would say, but no matter.  The end result was a fascist state that lasted until 1976. Franco didn't kill 'outsiders' unless 'anyone who opposes us' counts as an outsider.  They were his own countrymen and he borrowed Stuka bombers from his buddy Hitler to bomb towns and slaughter non-combatants.

All I wanted to point out was that murder of your own people was the pursuit of the left, but not the right (which was what you stated) was wrong.  I can't see how what Franco's nationalists did in starting the Spanish Civil War doesn't prove that point.

Edited: for clarity

I think the Catalans, Galicians, and Basque people would disagree.  

When it comes to Spain, countrymen is a loose term.  Some Spanish, i've met don't see why Portugal should be independent, their reasoning, is that if it's on the Iberian peninsula it's part of Spain.

In general the socialists and the national socialists (nazi) are as the name suggests very similar ideologies, with small but fundimental diffences in who they target as an enemy.  I agree with you both are evil.

[JayJuanGee]

Haha, digged old stuff out - still good and correct.

Small blocks was dictated by the 'best' software devs and a fiat based blockstream, blocking on chain stream.

Bitcoin business devs moved on, since on-chain scaling is provenly possible in the global money world.

Sure, not with Raspis, censure and social engineering, but with decent tech and investment like minres already achieved over last years.

Do you have a BIP?  Or are you merely suggesting that folks here migrate over to bcash, since bcash is surely superior to bitcoin with its segwit and lightning network and other second layer scaling, right?

KISS is king.

Complexity will die or never take off.

Get the fuck out of here with your assertion that segwit and lightning are complex, or too complex and that the purported complexity of these will be a meaningful hinderance for bitcoin.  You are speculating without fact, and some kind of nice talking point that is NOT justified in reality (but it sure sounds nice, right?)

And good luck with your KISS on bcash.... scaling has been playing out well on bcash, right?  No traffic and so there is plenty of room for expansion... you guys are doing very well.. it's gonna be lovely.. you, Roger, Craig, jbreher, Jihan and PeterR... one bigblocker happy and quasi centralized family.

[RealMachasm]

I swear ,lurking bitcoiners who occasionally stop in to peruse the famous WO thread these days must be like "wtf?!?"  Lol

Wtf?
Edit: wtf?!?

[ivomm]

Bitcoin difficulty change: 14.88%. This is big! 

[buyandhold]

[jonoiv]

Bitcoin difficulty change: 14.88%. This is big! 

A bit bigger than the June 5th change, which was followed by a drop from 7600 to 5800.

I thought difficulty follows the price usually, but not vice versa.

[d_eddie]

Bitcoin difficulty change: 14.88%. This is big! 

A bit bigger than the June 5th change, which was followed by a drop from 7600 to 5800.

I thought difficulty follows the price usually, but not vice versa.

We're going through strange times, where difficulty goes up and price goes sideways. There might be some trick performed by hashrate monopolists to cut out the small fish. I mistrust the recent statements about transparency of shipping made by some miner vendors. Call me ill minded if you please.

[josephpogi]

in 3.. 2.. 1.. the pump is near ! mark my words.

[realr0ach]

I mistrust the recent statements about transparency of shipping made by some miner vendors.

Transparency of miner vendors is the least of the world's problems:

http://www.investmentwatchblog.com/wikileakstrump-has-appointed-the-billionaire-owner-of-military-contractor-dyncorp-child-trafficking-stephen-feinberg-to-head-the-presidents-intelligence-advisory-board/

https://voat.co/v/pizzagate/1560743

(((Steven Feinberg)))...

[Gash]

I swear ,lurking bitcoiners who occasionally stop in to peruse the famous WO thread these days must be like "wtf?!?"  Lol

Lol? This thread is so dumb, cant imagine that there's someone seeking trading insights here. Maybe ur lardy granny orders u to check this thread and would whip ur ass if her command is not followed through. The lengthiest of all threads, this one resembles a toilet message board in being dumb and 4chan'ed.

[sirazimuth]

I swear ,lurking bitcoiners who occasionally stop in to peruse the famous WO thread these days must be like "wtf?!?"  Lol

Lol? This thread is so dumb, cant imagine that there's someone seeking trading insights here. Maybe ur lardy granny orders u to check this thread and would whip ur ass if her command is not followed through. The lengthiest of all threads, this one resembles a toilet message board in being dumb and 4chan'ed.

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