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News: Latest Bitcoin Core release: 0.20.0 [Torrent]
 
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Question: Is this the last time Bitcoin will be below $9,000?
Yes - 55 (40.4%)
No - 53 (39%)
I Don't Know - 28 (20.6%)
Total Voters: 136

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 21726629 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. (147 posts by 36 users deleted.)
Hueristic
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September 21, 2018, 06:30:54 PM

I wonder if the recent Core bug will move the market. It might be the worst bug since 2010, though luckily it wasn't actually exploited and is unlikely to cause future trouble.

Good question, I was going to place the bug's description in your update thread but decided that not mentioning it was the best course of action. But since you have mentioned it I would think that if it has not had an effect yet that it will not at all.

I am of the opinion that the current market makers are no longer interested in the fundamentals nor the vision but are just in it for the market and use bug ridden tools all day and really have no clue how important it is for a trustless system to be bug free and non game-able. And as long as they can buy and sell (P&D) and their charts still work they will not be effected by something as simple as a possible chain fork. They are used to having those in control having the ability to make a hard reset/rollback and don't have a clue what issues forks can have. I don't think they even has the ability to grasp the fact that immutability is paramount as well as fragile. I also think that point was proven when eth didn't die when it became mutable and the vast majority of those in it now are not in it for the ideology.


So Bitcoin Core has a devastating bug in the code since March 2017 Shocked Huh Also, it appears that every single shitcoin that forked off of Bitcoin core 14.0-16.3 is also going to have to patch things up. We really dodged a bullet here. Hope no other surprises are lurking in the code.  Roll Eyes

Fake news. Cheesy


[/url]

Yup, bugs have zero effect.

Welcome to mainstream boys. :|
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eddie13
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September 21, 2018, 06:44:03 PM


I understand that you are going to be way more profitable than me
I wouldn't say that..

When I first got into bitcoin, I wanted to make sure that I felt comfortable about having various BTC exiting strategies
I always believed I could cash out if I wanted and never did for a long time..
But, the GF has now admitted that she wasn't as sure of this prospect as she is now that she has seen it with her own eyes once, in muh bank..

Seems that from your own stated practice that you might profit from using bots yourself.
I personally don’t trust bots

I think it would be easy for me to tell a bot where to put orders for any given condition, but I can't imagine programming a bot to look for and react to all the conditions that are a flag in my mind.. I'm not even sure I could consciously describe some sets of events that mean things to me in a market..

seems to me that you play BIG

Not so much with a big amount of capital, but quite big volume and amount of trades compared to the capitol I choose to trade with..


Personally, it seems that increasing the amounts has to come incrementally and with work

I find that the more capital I'm trying to trade with, the more I have to move to larger markets and compete with bigger and smarter opponents..
%s are much easier for me to make trading on small markets against dumb money but then I can only trade with insignificant capital and make insignificant profit..

My hang up is trying to trade with more significant capital to make more significant profits..
Tszunami98
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September 21, 2018, 07:04:33 PM

People should stop hating on XRP, they moved the market and dragged all the other coins into green. ETH is next, and then i hope the fomo begins.
This could be the turning point of the market, when there are rumours that in February that ETF will be approved.
bitcoinPsycho
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THE NEXT 24 YEARS ARE CRITICAL🍄💊


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September 21, 2018, 07:15:55 PM

Resumean
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September 21, 2018, 07:16:29 PM

BobLawblaw
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September 21, 2018, 07:30:43 PM
Merited by gentlemand (2), LFC_Bitcoin (1)

People should stop hating on XRP


GET.
OUT.
El duderino_
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September 21, 2018, 07:38:38 PM
Merited by LFC_Bitcoin (1)



Haha me to
And especially WEEKEND pumps !!!!
The plan was to go out and get totaly wanted This evening , but plans turned 360degrees  cause So Fucking tired Grin
Just small dinner and watching series as watching BTC
Good evening y’all and enjoy the recovery of This friday
Let iT continue into Another pump Grin
LFC_Bitcoin
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September 21, 2018, 07:46:42 PM



Haha me to
And especially WEEKEND pumps !!!!
The plan was to go out and get totaly wanted This evening , but plans turned 360degrees  cause So Fucking tired Grin
Just small dinner and watching series as watching BTC
Good evening y’all and enjoy the recovery of This friday
Let iT continue into Another pump Grin

I’m going to London tomorrow & staying for 2 nights. Tomorrow night we have tickets for the boxing at Wembley for Anthony Joshua vs Povetkin. I guess I will be surrounded by many NOCOINERS.

The booze will be flowing all weekend, hope to see bitcoin break 7k again.
rafanadal
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September 21, 2018, 07:54:20 PM


Gdansk Poland imo. Cant find the exact spot though

Danzig, Germany*
Torque
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September 21, 2018, 08:14:03 PM

People should stop hating on XRP


GET.
OUT.

El duderino_
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September 21, 2018, 08:22:10 PM



Haha me to
And especially WEEKEND pumps !!!!
The plan was to go out and get totaly wanted This evening , but plans turned 360degrees  cause So Fucking tired Grin
Just small dinner and watching series as watching BTC
Good evening y’all and enjoy the recovery of This friday
Let iT continue into Another pump Grin

I’m going to London tomorrow & staying for 2 nights. Tomorrow night we have tickets for the boxing at Wembley for Anthony Joshua vs Povetkin. I guess I will be surrounded by many NOCOINERS.

The booze will be flowing all weekend, hope to see bitcoin break 7k again.

Looking forward When Joshua Will fight deontay.....
And 6 oct ... kabib-mcgreggor....
Many Nice fights, normal i wanted to go to Amsterdam next saturday , rico Verhoeven is fighting on glory but @the lower weights is jarray fighting groenhart i think This Will be a fight to watch (pity i cannot go to there )
Have a great weekend let Joshua win , let there be good football, and let there be Some alchohol to drink cause good friend is having his birthday This weekend ...... and sure but not least stay pumping BTC Grin
cheers
infofront
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September 21, 2018, 08:24:14 PM

People should stop hating on XRP


GET.
OUT.

Triggered!

But yeah XRP is basically the definitive shitcoin. And its hard to say what role XRP played in the current altcoin rally, with BTC rallying at the same time.
Torque
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September 21, 2018, 08:30:00 PM
Last edit: September 21, 2018, 08:58:22 PM by Torque

But yeah XRP is basically the definitive shitcoin. And its hard to say what role XRP played in the current altcoin rally, with BTC rallying at the same time.

Because they *all* got pumped. Like literally every single shitcoin. On zero news or improvements to any of them.

Which means their role was simply to participate in a massive coordinated PnD scam. If they're all equally special, then that means none of them are.
goldkingcoiner
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September 21, 2018, 08:49:38 PM


People should stop hating on XRP



Everytime a alt goes up there seems to be an 20000% increase in fanboys. I don't get you people. Also Why hasn't this guy been castrated for suggesting shitcoin in the first place? This place is becoming more and more tolerant and I won't stand for it.
RivAngE
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September 21, 2018, 08:56:06 PM

But yeah XRP is basically the definitive shitcoin. And its hard to say what role XRP played in the current altcoin rally, with BTC rallying at the same time.

Because they *all* got pumped. Like literally every single shitcoin. On zero news or improvements to any of them.

Which means they're role was simply to participate in a massive coordinated PnD scam. If they're all equally special, then that means none of them are.

I don't see any special rally in altcoins. On the last 24h BTC is up 6% and I see some serious altcoins at 10%-15% and some shitcoins at 5%-10%. Didn't the altcoin market follow BTC down in the first place?
Sure, most altcoins should stay down, but I'd expect a correction to happen after a day or two. Right now this rally seems like it's built to last and people are going FOMO mode on everything.. and personally, it's the first rally I call it's going to last.
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September 21, 2018, 09:01:14 PM
Merited by JayJuanGee (1)

Torque
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September 21, 2018, 09:02:16 PM

I don't see any special rally in altcoins.

I was referring to the massive shitcoin pump that occurred around March of last year. Massive amounts of Bitcoin got traded for shitcoins. They all got pumped almost in the same week, most over several weeks simultaneously.

I see some serious altcoins at 10%-15% ....and some shitcoins at 5%-10%.

There is no distinction. Altcoin == shitcoin.
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September 21, 2018, 09:32:53 PM



Rationale:  we are going to stick our head above the trend line again to hunt short stops, and then drop back down again. 
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September 21, 2018, 09:36:17 PM



I’m confused.  This looks like a great trade.  Except I would be moving the stop up right now.  


This has been the best trade deal in the history of trade deals, maybe ever
JayJuanGee
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How much alt coin diversification is needed? 0%?


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September 21, 2018, 09:42:40 PM

So Bitcoin Core has a devastating bug in the code since March 2017 Shocked Huh Also, it appears that every single shitcoin that forked off of Bitcoin core 14.0-16.3 is also going to have to patch things up. We really dodged a bullet here. Hope no other surprises are lurking in the code.  Roll Eyes


Seems a bit ironic that we get some fairly strong negative news about fundamental weakness in bitcoin (sloppy coding), and dodging a bullet, as you put it, bones, and then subsequent to that we get a $200 plus pump.  Hopefully, this is not a bull trap, but surely I can understand forcing the closing of some shorts, and also just a whole bitcoin market dynamic in which bitcoin can go through extended periods of doing the opposite of what seems logical.

Well, it appears that this bug could have only been implemented if a miner intentionally does it. This demonstrates that miners of BTC are simply not going to go out and look for vulnerabilities to exploit, which would most probably hurt the BTC price; and also, in the end, orphan all of the blocks that they found when implementing the bug.

Surely a risky proposition for any existing miner to gamble his/her whole livelihood with a possible short-term gain that ends up killing the golden goose and/or causing the miner to personally lose way more than s/he would gain - including becoming thereafter ostracized in the BTC community and even possibly prosecuted depending on how malevolent the behavior can be presented to be.. 
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