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

[d_eddie]

When btc gets a dump, and the same microsecond the alts get a dump as well, it cannot be people being greedy/fearful, right? it must be a coupling in some form to the mastercoin, btc?

It's arbitrage bots.

When BTC dumps, there is an instant discrepancy in the alt trading pairs like BTC/ETH and then USD/ETH and in turn ETH/XRP etc, etc. The bots can scalp a nice profit by balancing out the ratios but there is not as much liquidity in the alt market so the moves are larger either up or down.

The WO thread still manages to deliver advanced on-topic wisdom. On Christmas night, mixed with banter and greetings.

[JayJuanGee]

When btc gets a dump, and the same microsecond the alts get a dump as well, it cannot be people being greedy/fearful, right? it must be a coupling in some form to the mastercoin, btc?

It's arbitrage bots.

When BTC dumps, there is an instant discrepancy in the alt trading pairs like BTC/ETH and then USD/ETH and in turn ETH/XRP etc, etc. The bots can scalp a nice profit by balancing out the ratios but there is not as much liquidity in the alt market so the moves are larger either up or down.

The WO thread still manages to deliver advanced on-topic wisdom. On Christmas night, mixed with banter and greetings.

With a little jousting, too, from time to time.      

[infofront]

Bitcoin: 2009 (irrelevant)
Bitcoin Cash: 2017 (the future)

[HI-TEC99]

Bitcoin: 2009 (irrelevant)
Bitcoin Cash: 2017 (the future)

But what's Bitcoin Cash? Is it bcash ABC or bcash SV?

[HI-TEC99]

XRP: 2025 (transcendence)

Will the devs have finished dumping their premine by then?

[HairyMaclairy]

XRP: 2025 (transcendence)

Will the devs have finished dumping their premine by then?

No.  The order books would never cope.

[BTCMILLIONAIRE]

XRP: 2025 (transcendence)

Will the devs have finished dumping their premine by then?

No.  The order books would never cope.

XRP Cash SV Reloaded ThisTimeForReal V2.0 will come out that year.

[rebal15]

BCH is pumping 
will it affect btc price.

[rebal15]

XRP: 2025 (transcendence)

Will the devs have finished dumping their premine by then?

POS coins are scams. devs mine secretly then sell on exchanges or ICOs. POS is like GMYM

[BinaryReign]

 You are most welcome but please accept my apologies because I had hooked up my old monitor to a new computer and I didn't properly adjust the settings so there is a significant blue tint those two hats.
I believe this looks slightly better (and hopefully not only to me).



Avatar-sized

Oh, it was actually hard for me to tell until I stared at them side-by-side for a minute lol, but thank you! Very good eye!

Not gonna lie, wish I had come up with that hat first. It's the perfect WO hat.

Thank you, I like to think I have good taste, and good ideas. xhomerx10 really had the artistic ability to bring it to life even better than than my vision though. I’m still impressed when I look at it, the placement of the candles, the transparency, that’s a mighty fine hatter we’ve got there

Now, just let our hat powers combine to summon a bull run of world changing proportions! Mwhuahahaha

[Dig Bicks]

Well I wish I bought Bitcoin Cash at $80, an easy 2x in a week.  The danger of alts, they pump hard and they crash hard.

Btc ratio went from 0.025 to .050, damn could of doubled the btc stack

[realr0ach]

Well I wish I bought Bitcoin Cash at $80, an easy 2x in a week.  The danger of alts, they pump hard and they crash hard.

Btc ratio went from 0.025 to .050, damn could of doubled the btc stack

Thank god physical silver chads don't have to worry about dumb things like this.

[realr0ach]

Interesting.  I guess Lauda is a prime pick.

[mindrust]

Bitcoin: 2009 (irrelevant)
Bitcoin Cash: 2017 (the future)

Roger is that you?

You better sign a message from an old address sounds like your account is hacked.

[Arriemoller]

In other Christmas traditions, Mrs V8s' Aga went out sometime in the night. Certain dogs were complaining of the chill by 5am. It restarted easily enough for once, but is useless for anything till tomorrow really.
We do have a spare gas cooker in the back kitchen, but she uses all that for the Christmas meals on wheels for the villages, while I attend to our own lunch in her kitchen and entertain anyone staying plus the drivers who ferry the meals around.
Right, so lots of early morning rallying around later, heaters have been borrowed and showers had in friends' bathrooms.
Can see our own lunch not being ready till 5 or so, which is fine. All very Spanish hours.
Every year we promise ourselves to sort the plumbing, heating and cooking arrangements out in this house, but it would be a huge upheaval and a total waste of filthy fiat moneys, which would be far better spent on certain proper, sound, valuable, store of wealth type things.

Peasant that I am, I had to google Aga.

Now there is another thing I want damn you.

And you can if you want to, they are still made. Aga (short for Aktiebolaget GasAccumulator)is the name of the company that invented them, they used to be huge in Europe. Just google Aga cooker.

[HairyMaclairy]

Interesting discussion around Proof of Stake.  Proof of Stake has no way to hard fork, accordingly issues must be resolved by “community consensus”. 

https://twitter.com/laurentmt/status/1077635243845259265

[HairyMaclairy]

In other Christmas traditions, Mrs V8s' Aga went out sometime in the night. Certain dogs were complaining of the chill by 5am. It restarted easily enough for once, but is useless for anything till tomorrow really.
We do have a spare gas cooker in the back kitchen, but she uses all that for the Christmas meals on wheels for the villages, while I attend to our own lunch in her kitchen and entertain anyone staying plus the drivers who ferry the meals around.
Right, so lots of early morning rallying around later, heaters have been borrowed and showers had in friends' bathrooms.
Can see our own lunch not being ready till 5 or so, which is fine. All very Spanish hours.
Every year we promise ourselves to sort the plumbing, heating and cooking arrangements out in this house, but it would be a huge upheaval and a total waste of filthy fiat moneys, which would be far better spent on certain proper, sound, valuable, store of wealth type things.

Peasant that I am, I had to google Aga.

Now there is another thing I want damn you.

And you can if you want to, they are still made. Aga (short for Aktiebolaget GasAccumulator)is the name of the company that invented them, they used to be huge in Europe. Just google Aga cooker.

It sounds like the oil fired AGAs would be a bit environmentally unfriendly.  They are burning heater oil 24/7. That stuff must be GHG intensive.   

[Arriemoller]

In other Christmas traditions, Mrs V8s' Aga went out sometime in the night. Certain dogs were complaining of the chill by 5am. It restarted easily enough for once, but is useless for anything till tomorrow really.
We do have a spare gas cooker in the back kitchen, but she uses all that for the Christmas meals on wheels for the villages, while I attend to our own lunch in her kitchen and entertain anyone staying plus the drivers who ferry the meals around.
Right, so lots of early morning rallying around later, heaters have been borrowed and showers had in friends' bathrooms.
Can see our own lunch not being ready till 5 or so, which is fine. All very Spanish hours.
Every year we promise ourselves to sort the plumbing, heating and cooking arrangements out in this house, but it would be a huge upheaval and a total waste of filthy fiat moneys, which would be far better spent on certain proper, sound, valuable, store of wealth type things.

Peasant that I am, I had to google Aga.

Now there is another thing I want damn you.

And you can if you want to, they are still made. Aga (short for Aktiebolaget GasAccumulator)is the name of the company that invented them, they used to be huge in Europe. Just google Aga cooker.

It sounds like the oil fired AGAs would be a bit environmentally unfriendly.  They are burning heater oil 24/7. That stuff must be GHG intensive.  

I guess they are outdated now, but when they where invented in 1929 they saved huge amounts of coal compared to what was on the market then.

EDIT: I think they are running on coke, not coal.

[HairyMaclairy]

Hmm not sure about that. They run 24/7 so must have some automatic fuelling system. Don’t know how you would do that reliably with coke.  That said I have never owned one so have no real idea.

[realr0ach]

Interesting discussion around Proof of Stake. 

Why proof of stake has no value:

https://steemit.com/steemit/@r0achtheunsavory/the-r0ach-report-14-defining-if-cryptocurrency-has-a-value-or-zero-value-from-a-fundamental-scientific-perspective

Why proof of work has no value:

https://steemit.com/bitcoin/@r0achtheunsavory/the-r0ach-report-18-the-great-pow-lie