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Question: Is this the last time Bitcoin will be below $9,000?
Yes - 57 (41%)
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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 21732473 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.)
El duderino_
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September 28, 2018, 07:20:19 PM
Merited by LFC_Bitcoin (1)

via Imgflip Meme Generator

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El duderino_
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September 28, 2018, 07:20:59 PM

^
Getting curious where we go.....  Cheesy

@LFC ... laid back / HODL / and FIFA 19 by now .... ??

I don’t play on consoles bro. I used to a lot but kind of fell out of love with it. But of course HODL man, I’m in bed at the moment, got flu & feeling quite shit.

Hopefully Liverpool beat Chelsea tomorrow & a nice pump above $7,000 to make a nice weekend.

Hope you’re doing good HODL brother Smiley

Doing very good.... small game/chill night BUT Looking forward tomorrow for the game.... mixed feeling , one of my favorite teams against my NR 1 favorite player  Roll Eyes  



Stick your Hazard up your ass Wink

UNmeritable  Roll Eyes
jojo69
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no FOMO


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September 28, 2018, 07:30:41 PM

annnnnnd

the inevitable debart
rolling
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September 28, 2018, 07:45:50 PM
Merited by BobLawblaw (1)

annnnnnd

the inevitable debart

...and rebart
kirreev070
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September 28, 2018, 07:47:16 PM




Is that a whale in his left eye?

Yep, I thought that it seemed to me
JayJuanGee
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How much alt coin diversification is needed? 0%?


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September 28, 2018, 07:51:10 PM

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?

Everything on the blockchain.  Lightning is not on the blockchain except for the transaction that opens the lightning channel and closes the channel.

Segwit and nonsegwit are all "on the blockchain."  I don't know how anyone who has been in bitcoin for a while would conclude that segwit is NOT on the blockchain?  I do believe that segwit has allowed the transactions per second to jump up dramatically and if you hit refresh on that page you will see the transactions per second jumping around between 10tsp and over 300tsp...   It seems that before segwit, there were proclamations that the bitcoin blockchain could only process a maximum of 7tps.
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September 28, 2018, 08:04:38 PM

annnnnnd

the inevitable debart

...and rebart

hmmmmm

the plot thickens
jbreher
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September 28, 2018, 08:05:52 PM

Segwit and nonsegwit are all "on the blockchain."  I don't know how anyone who has been in bitcoin for a while would conclude that segwit is NOT on the blockchain?  I do believe that segwit has allowed the transactions per second to jump up dramatically and if you hit refresh on that page you will see the transactions per second jumping around between 10tsp and over 300tsp...   It seems that before segwit, there were proclamations that the bitcoin blockchain could only process a maximum of 7tps.

Yeah... about that....

Segwit or no segwit, BTC is utterly incapable of averaging 300 tps. By a couple orders of magnitude. Block weight will not allow it.
JayJuanGee
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September 28, 2018, 08:10:58 PM

Scammers/hackers might be some of the smartest people in the world, at least in terms of their innovative attempts to steal money (aside from wallstreet and high level banker types).

Pfft. Please. As a class, the pinstriped bandits are rather dullardly. How many of them are there? How long have they had control of the financial system? A handful of grifting innovations since 1910 or so, followed by endless repetition of the same, does not constitute innovative nor smart.


o.k.  I might be mixing up smart with lucky... with regards to banksters and those able to finagle the mainstream financial institutions...

but my main point was about the hackers and scammers being smart (or at least crafty) in attempting to get ahold of your crypto.  There is a certain amount of incentive because once they get it, these days, it is very difficult to get it back or even to trace who has it exactly.  

If the amount is enough (and enough people affected), such as the GOX coins, then there will be a bit of crowd sourcing attempts at tracing and attempting to keep track of whether the coins move, but even then, it can be quite difficult to stop them from being spent (and the criminal realizes his/her gains by cashing out into some luxury good or even difficult to trace fiat).   If the amount is small, then there becomes even less incentive to trace it, unless the criminal ends up sending some of the funds to some obvious place in which his/her identify can be verified.
JayJuanGee
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September 28, 2018, 08:27:30 PM

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

PepperidgeFarmRemembers.jpg

https://imgur.com/gallery/FfYZp

(WTF did imgur do with the BBCode links? They're dead to me. Grrr.)

Around two years ago, about this time of the year, we were toying with $666, and really having some difficulties getting above $666 and staying above $666.  Same thing was true two years previously, in 2014 - but at that time, we ended up breaking below $666 and NOT returning for two years.

My how times have changed, with a 10x price increase, and temporarily we are passing through this $6,666 - and tentatively, I am thinking this is NOT going to be a long term sticking point, but bitcoin has surprised me before with doing something that was NOT expected.
El duderino_
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September 28, 2018, 08:38:42 PM
Last edit: September 28, 2018, 08:52:39 PM by micgoossens

Segwit and nonsegwit are all "on the blockchain."  I don't know how anyone who has been in bitcoin for a while would conclude that segwit is NOT on the blockchain?  I do believe that segwit has allowed the transactions per second to jump up dramatically and if you hit refresh on that page you will see the transactions per second jumping around between 10tsp and over 300tsp...   It seems that before segwit, there were proclamations that the bitcoin blockchain could only process a maximum of 7tps.

Yeah... about that....

Segwit or no segwit, BTC is utterly incapable of averaging 300 tps. By a couple orders of magnitude. Block weight will not allow it.


Layer 2 solutions will solve the transaction throughput problem. Bitcoin can not efficiently scale fully on-chain, period.
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September 28, 2018, 08:55:10 PM

Masterluc = Long

Huh?
Go to moonn ??
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UNLEASH THE FURY!


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September 28, 2018, 09:04:31 PM

Segwit and nonsegwit are all "on the blockchain."  I don't know how anyone who has been in bitcoin for a while would conclude that segwit is NOT on the blockchain?  I do believe that segwit has allowed the transactions per second to jump up dramatically and if you hit refresh on that page you will see the transactions per second jumping around between 10tsp and over 300tsp...   It seems that before segwit, there were proclamations that the bitcoin blockchain could only process a maximum of 7tps.

Yeah... about that....

Segwit or no segwit, BTC is utterly incapable of averaging 300 tps. By a couple orders of magnitude. Block weight will not allow it.

People testing the lightning network are seeing 400TPS easily between two nodes. 

Segwit let that happen.
El duderino_
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September 28, 2018, 09:12:00 PM



it will always be the same story, just like here .... you have an original chewbacca MOVIE quality mask and you have a COPY
imo the COPY mask is useless    "just like BTC to be TOP DECENTRALIZED quality and BCH to be the useless one "

El duderino_
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September 28, 2018, 09:14:25 PM

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if possible take advantage of cheap coins  Grin
infofront
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September 28, 2018, 09:14:57 PM

Masterluc = Long

Huh?
Go to moonn ??

I'd expect it to at least bounce around in the triangle a little more, but bull season should be upon us soon.
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September 28, 2018, 09:28:12 PM



I'd expect it to at least bounce around in the triangle a little more, but bull season should be upon us soon.


I hear this for over 8 months now, so its a bit hard to believe...

It would be better if we save the air wasted to it, because if even 10% of what i read on this forum is true, we need it when we are in the stratosphere...
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September 28, 2018, 09:31:06 PM

Masterluc = Long

Huh?
Go to moonn ??

Maybe we've done the beary bit. What usually follows is endless sideways until we've all gotten second hobbies as cheerleaders. Only then will it go bully.
El duderino_
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September 28, 2018, 09:42:39 PM

Masterluc = Long

Huh?
Go to moonn ??

Maybe we've done the beary bit. What usually follows is endless sideways until we've all gotten second hobbies as cheerleaders. Only then will it go bully.

Maybe yes .... only i Will choose my second hobbie a bit beter than cheerleading  Roll Eyes
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September 28, 2018, 10:00:38 PM

I don't like this. People are too optimistic. Whales can smell optimism.
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