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

[JayJuanGee]

https://twitter.com/brian_trollz/status/1094673219968253955
thread oh about the next UASF
nb it's not just Lukejr advocating

Reluctant to give this too much airtime because it will just bring out the trolls.

They are hypothesizing about a collapse in hash rate due to reduction in miner awards at sone future unknown date. So they want to take radical action now to reduce the block size to 300kb. But the hash rate is near ATH.  

It’s hard not to interpret this as just a miner money grab.  Don’t fix what ain’t broke.  Focus on Schnorr and Lightning and other important shit.

I have zero enthusiasm for more block size wars.  If an urgent need develops in the future let’s look at it then.  We don’t need to take radical action to fix theoretical future problems now.

Reducing blocksize to 300k, for example, could be a softfork that is sort of like a preferred mining but does not absolutely restrict to 300k, no?  And, the block will continue to have the 1mb limit while there would be a decent numbers of miners choosing to run the 300k restrictive software... something like that?

Seems like a decent idea, and it does not seem like a miner grab nor anticipation that lower hash rate is a condition precedent.  It has other block propagation goals, no?

I'm not advocating, just pointing it out, but I don't see this push going away.

Fair nuff.  I see this as a social attack and we just need to innoculate ourselves.

I don't see it as an attack.. but I doubt that it is very likely to go through... Seems like there is a decent amount of tendency towards the status quo, and any group that wants to get significant and meaningful consensus towards limiting blocks to 300k is going to have a decently uphill battle to convince others that such a reduction (limitation) is necessary and helpful based on facts and logic (in other words, they have the burden to provide both sufficient evidence and sufficient logic otherwise status quo will continue to reign).  

TLDR:  Currently, a push to educate and perhaps convince others to support a usaf softfork to 300k blocks  does not seem like a threat to me, and it also seems like a bit of an uphill battle to convince others of the necessity of such.

[StartupAnalyst]

This is the first meme in the style of a Rocket.

Sorry for the quality but the forum does not show a file larger than 3Mb...  

I like the spelling "you will loose money"   hahhahahahaha

What would you say about these pictures?

Gentlemen, what do you think which of these pictures would look better on a hat?

№1                                                                                                                                            

№2

№3

[JayJuanGee]

[edited out]

What would you say about these pictures?

Even though 1 would be the easiest to see on a hat avatar, and I really don't know anything about the actual character, my personal preference, based on just the cool bad-ass leather jacket and sunglasses appeal of the underlying image is 3, 1, 2.... as I have reordered them below to disambiguate. 

By the way, I don't really appreciate the split-personality feeling that I get from image 2... that is why I put that one last in my avatar image preference order.

№3

№1                                                                                                                                            

№2

[StartupAnalyst]

[edited out]

What would you say about these pictures?

Even though 1 would be the easiest to see on a hat avatar, and I really don't know anything about the actual character, my personal preference, based on just the cool bad-ass leather jacket and sunglasses appeal of the underlying image is 3, 1, 2.... as I have reordered them below to disambiguate. 

By the way, I don't really appreciate the split-personality feeling that I get from image 2... that is why I put that one last in my avatar image preference order.

№3

№1                                                                                                                                             

№2

Thank you for the detailed answer! Honestly, I also like the third one more, and I'm also afraid that the first one will be very poorly visible on the hat

[Biodom]

[edited out]

What would you say about these pictures?

Even though 1 would be the easiest to see on a hat avatar, and I really don't know anything about the actual character, my personal preference, based on just the cool bad-ass leather jacket and sunglasses appeal of the underlying image is 3, 1, 2.... as I have reordered them below to disambiguate.  

By the way, I don't really appreciate the split-personality feeling that I get from image 2... that is why I put that one last in my avatar image preference order.

№3

№1                                                                                                                                            

№2

Thank you for the detailed answer! Honestly, I also like the third one more, and I'm also afraid that the first one will be very poorly visible on the hat

yeah,#3 and #1 are both good, but too dark in appearance.

[jbreher]

https://twitter.com/brian_trollz/status/1094673219968253955
thread oh about the next UASF
nb it's not just Lukejr advocating

Frickin' lunacy.

[Biodom]

https://twitter.com/brian_trollz/status/1094673219968253955
thread oh about the next UASF
nb it's not just Lukejr advocating

Frickin' lunacy.

maybe we should just stay away from any more changes in the blocksize, for chrissake!
that goes for both parties.

[mirakal]

I need more green over here, I want to see so many green candles I think it's green Hanukkah, not just these here and there pop ups.

We will probably see a whole lot of green this month.
BTC is moving slowly to the moon, may this time I've get the correct prediction, once we reached $6,000 - next stop would be $10,000.
I wish it's just that easy. 

[bitserve]

https://twitter.com/brian_trollz/status/1094673219968253955
thread oh about the next UASF
nb it's not just Lukejr advocating

Frickin' lunacy.

Indeed.

[StartupAnalyst]

[JayJuanGee]

Wonder what the chances of breaking $4,000 this week are?

About 38.6%

I think when we finally get above $6,000 again (whenever that is) we can call that the very early beginning of the next bull run.

We have to get above $6k and stay above it for a significant amount of time.. Seems to me that merely bouncing abov $6k would not be enough to have confidence that the bottom is "in" ... currently $3,120.

I think we’ll break $6,000 towards the end of 2019. It’d be great if we climb slowly towards that figure. I’d love to be able to buy another 4 or 5 bitcoin’s before it gets to the stage where it might be unaffordable to buy whole one’s again.

As usual gentlemen please make sure you’re accumulating now. These prices will be laughed at in a couple of years. Total once in a lifetime opportunity now to set yourselves up forever as financially comfortable.

Go BTC Go !!!!!!

I, mostly, agree with this... of course, getting above $6k could come sooner, perhaps in less than 2 months (best case scenario), but staying above $6k convincingly could reasonably take until the end of the year-ish.

Edit - BTW, I’m sorry for being disloyal gentlemen but I bought some GRIN a couple of hours ago.

Traitor!!!!!!!

[infofront]

In case there is any doubt.

https://bitinfocharts.com/comparison/bitcoin-hashrate.html

Lets revisit the hashing once the LN altcoin is fully operational and legacy support is stopped.  Not only will it be another split one part supporting LN (environment) to other legacy mining. Hashing will nosedive as LN is the main part. In case someone delusional enough to think it will not be the case legacy will fork again,  one with changed max supply and the smaller fraction remain with max 21M. Of course long before, if Bitcoin does not implement WimbleMimble another forking is guarantied.

The armageddon started with the segwit hardfork.   Banking cartels old divide and conquer strategy.

Edit:
Last couple of months hashrate has stabilized.
https://i.ibb.co/yNDTBsg/Untitled.png

What in the actual fuck are you talking about?

[JayJuanGee]

Dumped all my ETH for XRP a while back....not that XRP is doing great 

OMG!!!!!!!


Grin and XRP... 

[Toxic2040]

tfw your not sure which way is up



1h

[infofront]

Up or down Toxic?

[smartcomet]

https://twitter.com/hodlonaut/status/1094769464787288064
[/quote]
Some up to date #LNTrustChain stats:

- 183 links in the chain
- 173 unique participants
- 43 countries
- 3.13BTC accumulated transaction amount over LN

[realr0ach]

The spread between the fake exchange Bitfinex and real exchanges like Bitstamp was $70 or something before the artificial rise.  After the artificial market rigging upwards, the spread between the fake, criminal exchange Bitfinex and Bistamp is now $104.  As usual, it's ALWAYS the fraud exchange Bitfinex attempting to artificially rig the market up.  The widening of the spread just confirms it.  

Why the fuck is there a constant $70-$200 spread in the first place??  Oh yea, because no actual arb takes places because Bitfinex is a fake exchange that doesn't even have a valid dollar trading pair.  The only reason for Bitfinex's existence is to try and conjure an artificial value for bitcoin out of thin air.

[Last of the V8s]

one of the bitstamp guy's daddy owns a fucking bank, and they are now owned by fucking Barclays
there's a concerted attack on bitfinex for refusing to cave to the banking cartels, so they have a convoluted withdrawal process which adds some points

[nanobtc]

Unbarted debarts
and the living is easy
but she still feels fake.

Sounds like George Gershwin. In Haiku

Summertime
And the livin' is easy
Fish are jumpin'
And the cotton is high

Your daddy's rich
And your mamma's good lookin'
So hush little baby
Don't you cry

[LFC_Bitcoin]

Dumped all my ETH for XRP a while back....not that XRP is doing great 

OMG!!!!!!!


Grin and XRP... 

Man my portfolio is literally 99% Bitcoin (random guess but not far from the reality).
You have to dip your toe in a few other markets just incase they moon....maybe....one day.