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Question: When will BTC get back above $70K:
7/14 - 0 (0%)
7/21 - 1 (2.3%)
7/28 - 6 (14%)
8/4 - 7 (16.3%)
8/11 - 4 (9.3%)
8/18 - 1 (2.3%)
8/25 - 1 (2.3%)
After August - 23 (53.5%)
Total Voters: 43

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26416906 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.)
Wekkel
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yes


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September 28, 2018, 09:16:29 AM

I see weak knees already. But let’s give $7,000 a fair chance.
lightfoot
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I fix broken miners. And make holes in teeth :-)


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September 28, 2018, 09:23:18 AM

Hm. Are we holding at almost 400 transactions a second?

Remember when 3 tps would crash the network?
bitserve
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Self made HODLER ✓


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September 28, 2018, 09:24:48 AM

Hm. Are we holding at almost 400 transactions a second?

Remember when 3 tps would crash the network?


400tx/s?? What are you talking about?

It it a typo?
d_eddie
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September 28, 2018, 09:40:56 AM


I'm thinking this whole Bitmain IPO document is a complete fabrication.

Why? Because if they really did make that much net revenue in half a year's time, then they'd never have a need to take the company public.

Period.
Unless that figure is 90% bcash.

Bloomberg (https://www.bloomberg.com/view/articles/2018-09-27/bitmain-s-prospectus-reveals-a-lot-about-bitcoin-s-wild-ride?srnd=premium-europe) says
Quote
Bitmain holds twice as much cryptocurrency as it does fiat
And I suspect that it's even more than 66/33. Why? Because 90% of 2018 income was hardware sales, most of which likely payed in bcash. The exact published figures can be adjusted by slightly cooking the books.
lightfoot
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I fix broken miners. And make holes in teeth :-)


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September 28, 2018, 09:44:09 AM

Hm. Are we holding at almost 400 transactions a second?

Remember when 3 tps would crash the network?


400tx/s?? What are you talking about?

It it a typo?
I really should not check this stuff after waking from weird dreams. 3.79tps, not 379 tps.....

https://www.blockchain.com/btc/unconfirmed-transactions
Globb0
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Free spirit


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September 28, 2018, 09:53:30 AM


I'm thinking this whole Bitmain IPO document is a complete fabrication.

Why? Because if they really did make that much net revenue in half a year's time, then they'd never have a need to take the company public.

Period.

I agree, unless it was totally unsustainable, then they can share out the fail.
BTCMILLIONAIRE
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September 28, 2018, 09:59:37 AM

Hm. Are we holding at almost 400 transactions a second?

Remember when 3 tps would crash the network?


400tx/s?? What are you talking about?

It it a typo?
I really should not check this stuff after waking from weird dreams. 3.79tps, not 379 tps.....

https://www.blockchain.com/btc/unconfirmed-transactions
Those types of dreams are the best (in the sense that it's quite interesting how stupid our brain is).
El duderino_
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BTC + Crossfit, living life.


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September 28, 2018, 10:18:44 AM

10/28/2018

New ATH.

El duderino_
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BTC + Crossfit, living life.


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September 28, 2018, 10:28:46 AM

the stages of economic collapse ....... always the same BUY btc ?  Grin

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


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September 28, 2018, 10:34:20 AM

Hm. Are we holding at almost 400 transactions a second?

Remember when 3 tps would crash the network?


400tx/s?? What are you talking about?

It it a typo?
I really should not check this stuff after waking from weird dreams. 3.79tps, not 379 tps.....

https://www.blockchain.com/btc/unconfirmed-transactions

I kept hitting refresh on that linked page, and the Tps varies a lot each time that I refreshed the page.  Most of the time it was in the 25 tps range - but sometimes it bounced up over 100tps or even over 300tps.... So I am not really sure about the meaning, but it does appear that a lot of transactions are being processed and much more than double or even quadruple the previous proclaimed 7tps maximum from a year ago or so.
Deeyoh
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September 28, 2018, 10:58:42 AM

Hmmm, long/short ratio flipped last night.   Usually means many want the price to rise.  Just little skeptical because it's still kind of weak and those longs close really fast.
vroom
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a Cray can run an endless loop in under 4 hours


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September 28, 2018, 10:59:56 AM

Hm. Are we holding at almost 400 transactions a second?

Remember when 3 tps would crash the network?


400tx/s?? What are you talking about?

It it a typo?
I really should not check this stuff after waking from weird dreams. 3.79tps, not 379 tps.....

https://www.blockchain.com/btc/unconfirmed-transactions

does this really count all transactions? segwit and lightning?
El duderino_
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BTC + Crossfit, living life.


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September 28, 2018, 11:06:45 AM

INITIATE WEEKEND PUMP



Totscha
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September 28, 2018, 11:07:36 AM
Merited by JayJuanGee (1)

Hm. Are we holding at almost 400 transactions a second?

Remember when 3 tps would crash the network?


400tx/s?? What are you talking about?

It it a typo?
I really should not check this stuff after waking from weird dreams. 3.79tps, not 379 tps.....

https://www.blockchain.com/btc/unconfirmed-transactions

does this really count all transactions? segwit and lightning?

SegWit are normal transactions. So yes, they are counted.

Lightning transactions take place off-chain. So no, they are not counted... It's sort of the entire reason why they exist in the first place...
Tzupy
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September 28, 2018, 11:20:19 AM

Bitfinex price right now... 6666.6666$... some devil worshiper trader... please stop this! Angry
Totscha
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September 28, 2018, 11:26:18 AM

Bitfinex price right now... 6666.6666$... some devil worshiper trader... please stop this! Angry

Thank god it dropped to 6663. Phew!
Xphenosis
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September 28, 2018, 11:34:13 AM

Bitfinex price right now... 6666.6666$... some devil worshiper trader... please stop this! Angry
Seen it on Coinbene too. Some satanic ritual is being held over to bitcoin. Don't know what might come up next.
RivAngE
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What doesn't kill you, makes you stronger


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September 28, 2018, 11:41:52 AM

Bitfinex price right now... 6666.6666$... some devil worshiper trader... please stop this! Angry
Seen it on Coinbene too. Some satanic ritual is being held over to bitcoin. Don't know what might come up next.

66666.66666$ Maybe?
Astargath
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September 28, 2018, 12:07:57 PM

I see weak knees already. But let’s give $7,000 a fair chance.

Yep, looks pretty bad again, no volume and a bearish candlestick formed today so probably just another lower high, not necessarily that bad overall.
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September 28, 2018, 12:45:05 PM
Merited by JayJuanGee (1), Last of the V8s (1)

 I can't wait to start seeing tread titles.   Why is BTC so expensive???  No normal person can buy it.  

Duh! because you didn't buy when it was down.  I was buying every month from 2013 to 2016 with what I could afford to play with.  Probably 200 to 400 a month and a few bonus checks.  Just a pretty cheap car payment and it didn't devalue like a car would have.  So just put in a car payment worth to see at the end of 5 years if you can buy a car with it.  I'm sure you could buy whatever damn car you like by then.

I bought 2 side by sides.. YXZ1000R and a Wolverine, 24' enclosed trailer and a RV to tow all my toys with.
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