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

[jbreher]

On the other hand, if you moved your bitcoin from the old addresses, but you never claimed your bcash from those old addresses, then those old addresses would be bcash fork eligible.

Well, unless you've had those transactions replayed on the BCH chain. In which case: too bad, so sad.

'Youze been played, sucka!'

[jbreher]

In case I will be graced with a cap, as I have no avatar at the moment, I would like it to be Rick themed. Rick is my spirit animal.

I am not sure Bob would approve of you having Rick on your hat?

Well see... thereyago. Trying to start fights again.

(not that Rick)

[jbreher]

Will these shitcoins produced from BCash fork have distinctive names and replay protection? I'm hopping not, and the mess produced will wipe the scamcoin forever.

I think each fork believes so strongly in their mission that their particular fork will render all others obsolete. So, no.

They can't all be right.

Oh - Cobra is implementing replay protection.

[jbreher]

Is bitcoin stash distinctive?

Ha! They've been looking for a reason to matter for like half a year now. With the November fork, they're making noises like they'll even be noticed.

Suddenly, I'm hearing Ol' Blue Eyes signing a song with an ant as the protagonist.

[Phil_S]

[DaRude]

On the other hand, if you moved your bitcoin from the old addresses, but you never claimed your bcash from those old addresses, then those old addresses would be bcash fork eligible.

Well, unless you've had those transactions replayed on the BCH chain. In which case: too bad, so sad.

'Youze been played, sucka!'

Then both coins would be at the new address. But BCH has replay protection so that wouldn't happen

[jbreher]

Tone Vays proclaims not to trade BTC.  He proclaims only to teach BTC trading

So: Those that can, do; Tones that can't, teach?

[jbreher]

Don't even consider promising us all drinks. Bob did that and regretted it.

I seem to remember there was yet another unfulfilled promise made on that fateful post.

[Elwar]

Bitcoin Volatility Index has been stable for the past week around 1.41-1.45%...

Low volatility on the volatility.


The uptrend usually builds from the lowest volatility (under 1%). All of those "get rich quick" n00bs have taken their candy and gone home. Not worth buying bitcoins with their credit cards anymore. If the FOMO crowd is gone and price is still stable that means there is a steady flow of money coming in to counter the miners producing BTC. That means that in less than 2 years when the halving hits, the price has to go up. Enough people realize this and start buying before the halving. By the time the halving happens the change is already priced in (unless the effect is over/under estimated).

[JayJuanGee]

Nothing wrong with repeated themes that are on topic.  

The purpose of this thread is for white men of good character to discuss why digital shitcoins are a trojan horse for the Chinese social credit score system because transaction validators are designed to centralize in every single one and why digital slavecoins should be boycotted in favor of physical silver and gold.

So, you do believe there is a future for PMs as compared with bitcoin?   

I understand that you keep getting distracted by various other cryptos, and you don't even seem capable of staying focused on bitcoin in terms of your supposed criticism, if you were to actually have one that is boasted by your seemingly irrelevant ongoing talking point (gold and silver, right?)

Regarding gold and silver, I thought that these such Pms would continue to languish, especially due to their lack of portability,  difficulties to secure, difficulties to verify purity and difficulties to divide, and likely other problemas. 

Furthermore, even though you are emphasizing the physicality aspects of such seemingly outmoded assets, it seems that their various handicaps, that I just outlined above has facilitated an ongoing corruption of them through attempts at digitizing them -  or paper inflate them which still leaves a lot of third party risk because no one really feels ready, willing or able to either HODL those physical PMs or to attempt to transact with them - and such current status of physical pms does not seem to improve in future projections - so isn't it off topic to continue to try to compare them to bitcoin?  to the extent that you have any kind of ability or willingness to stay on topic.. remember bitcoin is not the same as "shit coins", so at least you could try to stay focused on bitcoin to the extent that you believe your baloney talking points are relevant to this thread in some kind of stretch of the imagination kind of way.

[Biodom]

Perhaps, mic plays his cards just right...

"The Nomad Passport Index, meanwhile, ranks 199 citizenships on five factors: visa-free travel, international taxation, perception, dual citizenship and personal freedom.
According to its 2017 list, the most desirable passports come from Sweden, followed by Belgium."

Hmmm.
At some point..in 2020-2025, many here might be interested in broadening their geographical "horizons".
I just want to travel from one reasonably moderate climate to another with plenty of water spaces around.

[Kylapoiss]

Back from the holiday and what I see, out of the 64xx area and seeing 65xx, YEEHAW! Is this the massive pump everyone was talking about?

Didn't check the price much while I was away, though read the forum couple of times, now I have loads of pages to go through and see what's been going on

[JayJuanGee]

except for the fact that such circumstances is likely contributing to holding bitcoin back from any likely upwards price moves.

Are you kidding? Do you think that the antics of (if I could put words into your mouth, inferring what I think is your attitude) J. Random Shitcoin somehow is having a negative effect upon your Anointed One?

First of all, I am attempting to figure out if you understood my statement properly, which your tone itself seems to represent a bit of a misunderstanding based on your seemingly exaggerated response.

Of course, the cryptospace overall can have effects on the anointed one.  Do you think that a lack of resolution of your trashy coin does not have any effect on bitcoin... that would be a foolish position, but never put it past any bcasher to refrain from taking a foolish when they believe it might work to their advantage - the beloved jbreher (bcash-informed talebearer) included.

Waaah. Stick to your own frickin' knitting.

Huh?  No one is making fun of your shit on any personal level, and overall your shit affects our shit, so why don't you pop back into crypto reality for a few minutes before you go on in your seemingly emotional outbursts attempting to act like the shitstorm of you and your nutjob buddies' creation is contained to some pure bcash island that you and your nutjob buddies cannot agree about how to divide up such supposed island (that is in fact connected, rather than isolated - even though you all might get shipped out to an island at some point in the near future - after some of the pump and dumpers extract whatever value is left in that garbage). 

[JayJuanGee]

On the other hand, if you moved your bitcoin from the old addresses, but you never claimed your bcash from those old addresses, then those old addresses would be bcash fork eligible.

Well, unless you've had those transactions replayed on the BCH chain. In which case: too bad, so sad.

'Youze been played, sucka!'

Fair enough.. replay protection can be kind of tricky, if that is what you are sayin... which I had attempted to account for such possibility but I may not understand the situation enough to know how to protect exactly.  On a personal level, I did claim all of my bcash already, so that replay situation does not seem to have affected me in terms of my bcash, anyhow.   But could end up being confusing for others who may have moved their bitcoin's subsequent to the bcash fork and have not yet claimed or otherwise secured the bcash that were left with those earlier private keys.

[bitebits]

Bitcoin Volatility Index has been stable for the past week around 1.41-1.45%...

Low volatility on the volatility.


The uptrend usually builds from the lowest volatility (under 1%). All of those "get rich quick" n00bs have taken their candy and gone home. Not worth buying bitcoins with their credit cards anymore. If the FOMO crowd is gone and price is still stable that means there is a steady flow of money coming in to counter the miners producing BTC. That means that in less than 2 years when the halving hits, the price has to go up. Enough people realize this and start buying before the halving. By the time the halving happens the change is already priced in (unless the effect is over/under estimated).

If the price indeed follows the pattern you are describing, it would almost be to obvious. But in retrospective, this whole collapse up and down to 20k does look to familiar as well.

I will definitely be there with you in two, five and more years: they can pry those bitcoins from my dead fingers.

[Phil_S]

Maybe low volatility leads to high volatility? Hmm...

[bitebits]

Actually, I didn't mean I was going to put an animated pacman on your hat but... good idea.  I was just trying to show you that everyone was wearing avatar hats except pacman... anyway, no pressure; that's not how we roll in the WO thread.  Our methods are much more subtle.

Woosh! Now having a better look, too good!, well done.
I will be patient and wait until one day I earned one. Thanks.

On a different note: For the first time I tried to be more disciplined in accumulating some more bitcoin: put in some greedy laddered limit orders all the way down to $5500, instead of just entering a limit order close to the spot price.

Would have thought I would then be happy both ways: price goes down = more bitcoin, price goes up = more dollars. But I am not. No clue what to do with this virtual profit when price goes up. But I still damn love putting those extra bitcoins in a cold wallet, safely stashed away from bankers, hedge funds, Wall Street and governments.

I got emotionally, technically, politically and economically involved. I know, but Bitcoin has become part of me. It represents so much more then the wealth it has given me as a tiny little individual.

[realr0ach]

Regarding gold and silver, I thought that these such Pms would continue to languish, especially due to their lack of portability,  difficulties to secure, difficulties to verify purity and difficulties to divide, and likely other problemas.  

Fake talking points, especially "lack of portability".  What do all outrageous scams have in common?  They ALL have unrivaled portability, whether it's mortgage backed securities or fiat paper represented by digital numbers.  Why do instruments like that have high portability?  Because you aren't actually transferring ANYTHING of value at all.  For all you elementary children out there, if something has no value, this is represented by the number zero.  Transferring zero from point A to point B is a completely frictionless enterprise.  It breaks no laws of physics!

You're attempting to claim something having absolutely no value whatsoever is a positive.  Completely laughable.  If something has abnormally high portability, it's not a sign you've discovered the holy grail, you've discovered the holy grail of scams.  Friction is required in any real biological or cosmological process.  As for difficulty to secure, how often do you see a silver or gold vault whether commerical or private being robbed or having everything in it mysteriously vanish?  Not very often.  How often do you see this in bitcoin?  Like every day.  

These are all complete bullshit, nonsensical talking points.  "Difficulty to verify purity"?  You obviously don't understand shitcoins have no Schelling point.  You're the one with the "difficulty to verify" problem.  Shitcoins can be produced infinitely with no overhead with absolutely no reason to use one over another.  In fact, they have a reverse Schelling point because you're incentivized to use a different coin where the distribution favors you instead.  Since you can't frictionlessly produce a new form of the noble metals in your basement, metals don't have show stopper problems like this.

[greensheep]

4th bullish pennant in the making on the 4h chart
Looks good on the 6h chart too.

1D still looks ugly and 7k looks top.
On the 12h we are close to 200 SMA-> break up for november??

[Yaplatu]