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Question: Oct. 23 Closing Price:
<$8,000 - 2 (3%)
$8,000-$8,500 - 0 (0%)
$8,500-$9,000 - 0 (0%)
$9,000-$9,500 - 0 (0%)
$9,500-$10,000 - 0 (0%)
$10,000-$10,500 - 1 (1.5%)
$10,500-$11,000 - 0 (0%)
$11,000-$11,500 - 3 (4.5%)
$11,500-$12,000 - 5 (7.6%)
$12,000-$12,500 - 16 (24.2%)
$12,500-$13,000 - 12 (18.2%)
$13,000-$13,500 - 8 (12.1%)
$13,500-$14,000 - 5 (7.6%)
>$14,000 - 14 (21.2%)
Total Voters: 66

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 23401898 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. (148 posts by 37 users deleted.)
JayJuanGee
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How much alt coin diversification is needed? 0%?


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January 22, 2019, 05:47:19 PM
Merited by d_eddie (1)

Ouch! Some bear got burned!


That whiplash has Arthur Hayes signature.



I frequently wonder about why so much hate on Arthur Hayes?

I understand that he is a central figure and spokesman for Bitmex, yet it seems that Bitmex has uniquely contributed to the liquidity of the cryptospace - bitcoin and various alts by providing a platform to short a lot of alts that would not otherwise be able to short.  I am fairly sure that his platform provides a vehicle for manipulation, and yeah, sometimes there are claims of internal exchange shenanigans.  Bitmex profits from exchange volume (and probably has profited immensely just from the kind of service that they have provided to the space), and I don't see why they would want to additionally manipulate with insider shenanigans to ruin their reputation, because they are already making a killing just from regular business.  Also, they have provided some really decent research articles in the past couple of years.
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Patel
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January 22, 2019, 05:51:19 PM

^ Grin
Shoulda left when I had the chance.
Peru looks like a good option - splendid hills there

I went to Peru when I was ignoring Bitcoin in 2014. Drank this shamanic tea there and nearly died.

Yep..thats it.   Wink  I guess I have an eye for topography..

+1 WOsMerit

*edit*  And yes, I realize Ecuador and Peru are not the same..I was just struck by the similarity.

Peru has beautiful mountains, but great peaks too
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January 22, 2019, 05:52:54 PM

niceee ^ tell us more?

Long story... got interested in Black Coin way back and mined it for a while.  Did not sell on the big pump..  Of course I have no BC now  Roll Eyes.
Born in Ecuador,  studied and worked in the USA.  Been back to EC since 2002.
Proud owner of BTC along with shit coins.   Did not sell on the big pump!  
Hodler at heart or fool?  Time will tell.

Regarding investing in bitcoin, what do you do?

Do you dollar cost average and try to buy more on dips?

Do you have a certain percentage of your income that you allocate to bitcoin? 

Do you plan out in advance in order to determine how much BTC you can buy, or do you get into trouble because you bought too much and then th price does not go up, as hoped?
Olegya199
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January 22, 2019, 05:53:22 PM

JayJuanGee
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January 22, 2019, 05:58:21 PM

BIS chief Agustín Carstens: Bitcoin must depart from PoW.

I like how bankers starting to sweat they know Bitcoin will eat their lunch  Smiley

https://cointelegraph.com/news/major-central-bank-institution-bis-bitcoin-must-depart-from-proof-of-work

I experience a churning of my stomach when I see non-sense like that.  It is a sign of desperation, like you are suggesting, and it there is a kind of "holy cow" regarding the level of misinformation that is presented by the underlying assertion.

Some folks don't realize that the "holy shit" of bitcoin is wrapped up in its proof of work, so proof of work is a feature, not a bug.  Proof of work causes bitcoin incentive, and like you suggested, paashaas, will continue to generate incentives that cause the downfall of the whole financial system, causing value to flow into bitcoin.  The audacity of the article seems to show that there are many traditional financial incumbents who will be willing to battle quite strenuously to spread their nonsense about bitcoin supposedly being flawed, when in fact they are pointing out central features.. namely POW in this case.

By the way, bitcoin is stubborn and very difficult to change, too, and that remains as a feature rather than a bug to defend against misinformation campaigns that try to get bitcoin to become paypal-like, so stop whining about how stubborn and "inefficient" bitcoin is you fucking bank shill bitcoin naysayers.   Tongue Tongue    Cheesy Cheesy

terse

your point?

I like. Smiley

In my earlier response, I was about to call you a name, but I held back.... hahahahahhaaha   Tongue
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January 22, 2019, 06:00:40 PM

niceee ^ tell us more?

Long story... got interested in Black Coin way back and mined it for a while.  Did not sell on the big pump..  Of course I have no BC now  Roll Eyes.
Born in Ecuador,  studied and worked in the USA.  Been back to EC since 2002.
Proud owner of BTC along with shit coins.   Did not sell on the big pump!  
Hodler at heart or fool?  Time will tell.

tyvm. so great you went back. not a fool, wait for the really big pump after next.
is there a bitcoin scene there? how good is the internet there?

Small BTC community but I do not participate; I live in the mountains away form civilization.
Internet is very good in the main cities in Ecuador.
I have very good internet in my hidden crater via antennas that I installed.
You can visit me here: http://pululahua-ecolodge.com/
Pay with BTC or shitcoins if you like.


Looks awesome, I' will visit after the next pump. Do you accept BTC?
But I believe you spelled license wrong on your homepage  "2018 OPERATIONS LICENNCE"
jojo69
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no FOMO


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January 22, 2019, 06:04:53 PM


I loaded up the map at rompert last night - have not done so in at least a couple months - and was utterly blown away with the growth. It's easily increased at least 4x in node and channel size since I started.

My node that was situated near "the core" of the map, now appears to be forming a part of a larger outer spoke-system of a wheel.

Many nodes in the middle of the map aren't particularly "huge hubs" any more.

Very interesting watching the visualization of the network evolve as it grows.

Nothing centralized about it.

At all.

https://rompert.com/recksplorer/

holy browser choke batman
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January 22, 2019, 06:08:49 PM

Anyone who has time to complain about wealth inequality doesn't really deserve moving upwards in the food chain, as they could've invested the same time on figuring out sensible goals for their life as well as some steps towards them.

QFT.

+1

What he said.

What if they used the time, then figured out the solutions and then realized every one of those solutions would get them killed so decided to just sit back and complain until someone else finds a better solution that doesn't get them killed?

I can't even figure out what you are getting at. Working on life will get you killed? I guess in some sense. In the long run, we're all dead.

Life is hard. Buck up, bucko - or get lapped by those willing to put in the work.

I dated a girl for a number of years.

Her father was wealthy and powerful.  He owned 25+ houses that he rented out.  He was also a drunk and highly abusive.

The mother eventually divorced him after a series of domestic violence incidents.  The father decided to make the mother's life a living hell.   He hired lawyers to sue the mother for everything under the sun, stalked the mother and tried to destroy her friendship networks.  This went on for five years.  

The mother grew deeply depressed and semi suicidal.  My girlfriend and her sister at the age of 8 had to get the mother out of bed in the morning, get her dressed so the mother could drive them to school.  Some days they couldn't get their mother out of bed so they missed school.  

My girlfriend was incredibly smart and motivated but she missed a lot of school during that five year period.  It affected her grades and she had to work hard to try to catch up.  She also had the mental load of trying to parent her own mother through the divorce and aftermath.  There is no doubt in my mind if she had had a normal, stable childhood, she would have been a surgeon or rocket scientist.  Instead she will likely never achieve her full potential.  

Let's not kid ourselves that everyone has equality of opportunity.  Because they don't.
Why not a mother? Perhaps even a better mother than her mother. Who picked a better man than she did.
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January 22, 2019, 06:10:58 PM
Merited by infofront (1)

Anyone who has time to complain about wealth inequality doesn't really deserve moving upwards in the food chain, as they could've invested the same time on figuring out sensible goals for their life as well as some steps towards them.

QFT.

+1

What he said.

What if they used the time, then figured out the solutions and then realized every one of those solutions would get them killed so decided to just sit back and complain until someone else finds a better solution that doesn't get them killed?

I can't even figure out what you are getting at. Working on life will get you killed? I guess in some sense. In the long run, we're all dead.

Life is hard. Buck up, bucko - or get lapped by those willing to put in the work.

I dated a girl for a number of years.

Her father was wealthy and powerful.  He owned 25+ houses that he rented out.  He was also a drunk and highly abusive.

The mother eventually divorced him after a series of domestic violence incidents.  The father decided to make the mother's life a living hell.   He hired lawyers to sue the mother for everything under the sun, stalked the mother and tried to destroy her friendship networks.  This went on for five years.  

The mother grew deeply depressed and semi suicidal.  My girlfriend and her sister at the age of 8 had to get the mother out of bed in the morning, get her dressed so the mother could drive them to school.  Some days they couldn't get their mother out of bed so they missed school.  

My girlfriend was incredibly smart and motivated but she missed a lot of school during that five year period.  It affected her grades and she had to work hard to try to catch up.  She also had the mental load of trying to parent her own mother through the divorce and aftermath.  There is no doubt in my mind if she had had a normal, stable childhood, she would have been a surgeon or rocket scientist.  Instead she will likely never achieve her full potential.  

Let's not kid ourselves that everyone has equality of opportunity.  Because they don't.

Relevance of anecdote?

Sounds to me as if you are claiming that, seeing as we all have access to different opportunities, it isn't even worth trying to improve your circumstance.

I call bullshit on that. Everyone has the same opportunity to endeavor to improve their situation.
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January 22, 2019, 06:15:03 PM
Merited by Ibian (1)

Anyone saying that success is linked to hardwork deserves to be let alone in any third world country to see how their hardwork will be rewarded. Or in any poor family in any Western country.

Absolute twaddle.

The circumstances of one's birth are relevant, indeed. However, anyone who works hard will experience more success than one who does not. Period.
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January 22, 2019, 06:18:20 PM

niceee ^ tell us more?

Long story... got interested in Black Coin way back and mined it for a while.  Did not sell on the big pump..  Of course I have no BC now  Roll Eyes.
Born in Ecuador,  studied and worked in the USA.  Been back to EC since 2002.
Proud owner of BTC along with shit coins.   Did not sell on the big pump!  
Hodler at heart or fool?  Time will tell.

Regarding investing in bitcoin, what do you do?

Do you dollar cost average and try to buy more on dips?

Do you have a certain percentage of your income that you allocate to bitcoin? 

Do you plan out in advance in order to determine how much BTC you can buy, or do you get into trouble because you bought too much and then th price does not go up, as hoped?

I got another question. How far are you from town ?
Is it hard to get supplies to where you are ?
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January 22, 2019, 06:19:47 PM

you need to be a shark or step on someone else to succeed.

Literally nobody has been saying this in this thread. How is it that you confuse 'work hard' with 'be a shark or step on someone'?
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January 22, 2019, 06:22:38 PM
Merited by 600watt (2)

Anyone who has time to complain about wealth inequality doesn't really deserve moving upwards in the food chain, as they could've invested the same time on figuring out sensible goals for their life as well as some steps towards them.

QFT.

+1

What he said.

What if they used the time, then figured out the solutions and then realized every one of those solutions would get them killed so decided to just sit back and complain until someone else finds a better solution that doesn't get them killed?

I can't even figure out what you are getting at. Working on life will get you killed? I guess in some sense. In the long run, we're all dead.

Life is hard. Buck up, bucko - or get lapped by those willing to put in the work.

I dated a girl for a number of years.

Her father was wealthy and powerful.  He owned 25+ houses that he rented out.  He was also a drunk and highly abusive.

The mother eventually divorced him after a series of domestic violence incidents.  The father decided to make the mother's life a living hell.   He hired lawyers to sue the mother for everything under the sun, stalked the mother and tried to destroy her friendship networks.  This went on for five years.  

The mother grew deeply depressed and semi suicidal.  My girlfriend and her sister at the age of 8 had to get the mother out of bed in the morning, get her dressed so the mother could drive them to school.  Some days they couldn't get their mother out of bed so they missed school.  

My girlfriend was incredibly smart and motivated but she missed a lot of school during that five year period.  It affected her grades and she had to work hard to try to catch up.  She also had the mental load of trying to parent her own mother through the divorce and aftermath.  There is no doubt in my mind if she had had a normal, stable childhood, she would have been a surgeon or rocket scientist.  Instead she will likely never achieve her full potential.  

Let's not kid ourselves that everyone has equality of opportunity.  Because they don't.

Relevance of anecdote?

Sounds to me as if you are claiming that, seeing as we all have access to different opportunities, it isn't even worth trying to improve your circumstance.

I call bullshit on that. Everyone has the same opportunity to endeavor to improve their situation.
You're an intelligent guy but now you are deliberately misunderstanding. It's obvious the point was quite opposite of 'not worth trying' as the girl in this story "worked hard to catch up".

What really is BS is stating that everyone has the same opportunity to endeavour to improve their situation. In order to do that you'll need, well, opportunity. If you're totally tied up in whatever circumstances you might not have that. This idea that anyone can just 'break free' at any time from any circumstances is just plain naive frankly.
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January 22, 2019, 06:24:04 PM

President and CEO of Nasdaq :
"Crypto Currencies Could Still Be a Global Currency of the Future"

https://www.linkedin.com/pulse/new-chapters-innovation-disruption-written-2019-adena-friedman/

Thanks for sharing, and written by not just a somebody..
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January 22, 2019, 06:31:40 PM

President and CEO of Nasdaq :
"Crypto Currencies Could Still Be a Global Currency of the Future"

https://www.linkedin.com/pulse/new-chapters-innovation-disruption-written-2019-adena-friedman/

I glanced at that section, and it appears that she did not even use the word bitcoin or describe bitcoin specifically.  Still a bit nervous to get into too many bitcoin specific details or to really describe how bitcoin is the real game changer, in this "crypto" space.
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January 22, 2019, 06:34:43 PM

President and CEO of Nasdaq :
"Crypto Currencies Could Still Be a Global Currency of the Future"

https://www.linkedin.com/pulse/new-chapters-innovation-disruption-written-2019-adena-friedman/

I glanced at that section, and it appears that she did not even use the word bitcoin or describe bitcoin specifically.  Still a bit nervous to get into too many bitcoin specific details or to really describe how bitcoin is the real game changer, in this "crypto" space.

First sentence:
"It’s been more than a decade since bitcoin took the world by storm."
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January 22, 2019, 06:37:16 PM

South Korean exchange CoinZest mistakenly gives away $5.3 million worth of crypto
https://news.bitcoin.com/airdrop-korean-exchange-send-btc/
"In what was supposed to be a routine airdrop, South Korean cryptocurrency exchange CoinZest is now forced to conduct a massive roll-back after mistakenly giving away around $5.3 million worth of cryptocurrencies, CryptoNews reports.

Last week, the exchange planned on airdropping hundreds of We Game Tokens (WGT) as part of a promotional event. However, users were instead credited with other cryptocurrencies like Bitcoin and Ethereum.

Citing a “computer error” as the cause of the blunder, the exchange’s servers went offline as the team scrambled to restore the databases to their original state, and attempting to reach customers, many of whom had already made fiat withdrawals on the funds. Most of the funds have since been reclaimed, but the exchange states that around $2.6 million hasn’t been returned.

Many believe that consumers withdrew the funds as soon as they received the incorrect crypto. One industry expert believes that there is “no way CoinZest can get the funds back from customers who have already made withdrawals.



I wonder how much each person received.
EDIT : there were 10 users... each received $530k

so they did what could be labeled as  a "reverseMtGox" stunt?   Cheesy
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January 22, 2019, 06:44:15 PM

https://twitter.com/officialmcafee/status/1087772979730239490
The McAfee 2020 Campaign is, as of this day, in exile. I am being charged with using Crypto Cu[rr]encies in  criminal acts against the U. S. Government. More videos coming shortly. Stay tuned.

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January 22, 2019, 06:55:24 PM
Merited by BobLawblaw (1)

I have met McAfee. 

Smart guy but throws off this vibe that something is clearly not right with him in the head.

Avoid.
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January 22, 2019, 07:00:10 PM

Was going to buy another £300 worth of BTC tomorrow but the temperature has really started dropping in the UK so I probably should spend it on two new rear tyres as my tread depth is running rather low.

First world problems  Undecided
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