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Question: Highest price we'll see in 2022:
50,000 - 0 (0%)
60,000 - 0 (0%)
70,000 - 0 (0%)
80,000 - 0 (0%)
90,000 - 0 (0%)
100,000 - 0 (0%)
125,000 - 0 (0%)
150,000 - 0 (0%)
175,000 - 0 (0%)
200,000 - 0 (0%)
225,000 - 0 (0%)
250,000 - 0 (0%)
275,000 - 0 (0%)
300,000 - 0 (0%)
>300,000 - 0 (0%)
Total Voters: 0

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 25526540 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. (158 posts by 14 users with 9 merit deleted.)
HairyMaclairy
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July 31, 2019, 06:42:53 PM

Stop the presses...

https://twitter.com/Excellion/status/1154985452127916032/photo/1

Last time pro-Bitcoin news like this started in China, was mid-2013..

What’s the reverse of FUD?  PAMP?

I refuse to buy into this Chinese PAMP.  

Edit:  however I do buy Fed PAMP.  Go the Fed!
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OROBTC
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July 31, 2019, 06:44:18 PM

Gold reacted badly to the news, selling off with rates. Now it's bouncing back to day High.
Bitcoin doesn't give a f.ck.

Anybody noticed it is the first (and first one of a series) FED cut since 2008?
This means it's the first FED easing cycle since Bitcoin came into existence, challenging low interest rates world.

Good luck central Banksters!



Excellent observation.  

Gold has traditionally done well in low interest (and lowering interest) environments.

It will be very interesting to follow BTC price in the weeks to come.  It will, after all, be easy to remember today's price ($10k) when Powell and Company cut the Fed Funds Rate.
kurious
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July 31, 2019, 06:52:50 PM
Merited by d_eddie (1)


Good chart, comforting.
But nothing "seems to be sure"
She does what she wants.

#haiku
Oh mistress Bitcoin
Your butterfly path we plot
Fly up to the stars

#haikubackatcha
HairyMaclairy
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July 31, 2019, 06:57:36 PM

What is more likely is that several computers or servers were used to mine the first million coins. Since there were no pools, each mined coin comes from a wallet on different computers.

Multiple computers can all use the same wallet. But the nonces on the blocks indicate that they came from a single "system" that was very fast, probably some sort of pool-like configuration.

Or the difficulty was low

No. The nonces in each won block indicate that the vast majority of mining power in the first days was definitely coordinated.

How is that inconsistent with low difficulty on a single laptop?  

Even if multiple machines, which I doubt, I don’t know how you can say with confidence that sequential nonces aren’t just crappy code shared by all machines.  To state the bleeding obvious, if all clients count their nonces starting at “1”, and then “1 + 1” etc, your blockchain will have a series of nonces counting in order. 

None of this pool conspiracy theory makes any sense.
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July 31, 2019, 07:08:35 PM

Meanwhile another lil pump?  Cool


Bitcoin derivatives provider LedgerX announced it has launched the first physically-settled bitcoin futures contracts in the U.S. Wednesday.


It looks like BAAKT hype was not so silly after all.  LedgerX launched earlier and it seems pushed price of Bitcoin up.
HairyMaclairy
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July 31, 2019, 07:09:20 PM

Incidentally, it is working splendidly so far.

Yeah jbreher, splendidly is far from a couple of recent reorg occasions.

With no known negative consequences.

eta: Other than the loss of the coinbase tx revenues for the initial orphaned miners.

Right, why would it have any negative consequences since nobody uses it, dah?

Way to completely miss the point. Again.

All the txs (again, save for the coinbase tx of each orphaned block) were ultimately included onchain.

Nevermind the obvious blatant lie that "nobody uses it". Is this what substitutes for honest discourse in your pathological mind?

Thanks Craig for sorting that out.  We don't know what we would do without you.
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July 31, 2019, 07:11:29 PM

The SEC will start to mine some btc soon...   Grin

The SEC Set To Begin Running Bitcoin and Ethereum Nodes

The US Securities and Exchange Commission is looking for quotes from contractors who will run the Ethereum and Bitcoin nodes for them.

What is the motivation behind the move?

Moving forward, the contractors will have to make additions of new blockchains as the SEC requires. The SEC has, however, not given any valid reason as to why it wants to operate its own nodes. The only explanation the agency has provided is stating that the objective is to support monitoring risk, compliance enhancement as well as to inform SEC policymaking on digital assets.

The SEC will ramp up its analytics to aid its blockchain complaisance investigations and monitoring. In essence, they have stated that the subscription will collect blockchain data from the various hosted nodes instead of offering the data through blockchain explorers.

https://cryptoiq.co/the-sec-set-to-begin-running-bitcoin-and-ethereum-nodes/

Anyone here want to charge the SEC $100k a month to run a node for them?
HairyMaclairy
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July 31, 2019, 07:13:24 PM

Good evening at $10.009  Cool
I've seen higher figures today.
Daily still looking good, continuing yesterdays trend.
I'll wait one more green daily candle with short wick to feel safe.

Don’t try to feel safe man. That’s a trap.  Just go with the flow.  It’s all going in the right direction. 
Millionero
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July 31, 2019, 07:33:49 PM


The SEC will ramp up its analytics to aid its blockchain complaisance investigations and monitoring. In essence, they have stated that the subscription will collect blockchain data from the various hosted nodes instead of offering the data through blockchain explorers.[/i]
https://cryptoiq.co/the-sec-set-to-begin-running-bitcoin-and-ethereum-nodes/
That's interesting.  
But I wish crypto news writers were held to a higher standard.
It's compliance, not "complaisance".


Definition of complaisance

: disposition to please or comply : affability

https://www.merriam-webster.com/dictionary/complaisance
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July 31, 2019, 07:39:34 PM
Last edit: July 31, 2019, 08:54:52 PM by Torque

Nevermind the obvious blatant lie that "nobody uses it". Is this what substitutes for honest discourse in your pathological mind?

He meant "nobody" as in nobody that matters. You, Judas, Aussie Man, Porn Man, Coke Man, and a handful of other idiots don't count.

So, no not a blatant lie. Lol.
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July 31, 2019, 07:49:33 PM

What is more likely is that several computers or servers were used to mine the first million coins. Since there were no pools, each mined coin comes from a wallet on different computers.

Multiple computers can all use the same wallet. But the nonces on the blocks indicate that they came from a single "system" that was very fast, probably some sort of pool-like configuration.

Or the difficulty was low

No. The nonces in each won block indicate that the vast majority of mining power in the first days was definitely coordinated.

How is that inconsistent with low difficulty on a single laptop?  

Quite evidently, it is not.

I must have misunderstood what you were trying to convey. It seemed as if you were arguing against the post to which you responded. Specifically therein: "the nonces on the blocks indicate that they came from a single "system"".

Sorry for the confusion.
HairyMaclairy
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July 31, 2019, 07:53:02 PM

What is more likely is that several computers or servers were used to mine the first million coins. Since there were no pools, each mined coin comes from a wallet on different computers.

Multiple computers can all use the same wallet. But the nonces on the blocks indicate that they came from a single "system" that was very fast, probably some sort of pool-like configuration.

Or the difficulty was low

No. The nonces in each won block indicate that the vast majority of mining power in the first days was definitely coordinated.

How is that inconsistent with low difficulty on a single laptop?  

Quite evidently, it is not.

I must have misunderstood what you were trying to convey. It seemed as if you were arguing against the post to which you responded. Specifically therein: "the nonces on the blocks indicate that they came from a single "system"".

Sorry for the confusion.

Ok thank you.

I try to make posts crisp and clear.  JJG has taught me something.

However brevity can sometimes introduce its own misunderstandings.  
jbreher
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July 31, 2019, 07:54:08 PM

Incidentally, it is working splendidly so far.

Yeah jbreher, splendidly is far from a couple of recent reorg occasions.

With no known negative consequences.

eta: Other than the loss of the coinbase tx revenues for the initial orphaned miners.

Right, why would it have any negative consequences since nobody uses it, dah?

Way to completely miss the point. Again.

All the txs (again, save for the coinbase tx of each orphaned block) were ultimately included onchain.

Nevermind the obvious blatant lie that "nobody uses it". Is this what substitutes for honest discourse in your pathological mind?

Thanks Craig for sorting that out.  We don't know what we would do without you.

Precious. HM thinks I'm Craig. Jiggy thinks I'm a government agent.

OTOH, several here have provided thinly-veiled evidence that they know exactly who I am. Which is, incidentally, neither of the above. Nor am I HM nor Jiggy, for that matter.
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July 31, 2019, 08:06:21 PM

Precious. HM thinks I'm Craig. Jiggy thinks I'm a government agent.


makrospex
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July 31, 2019, 08:06:44 PM
Last edit: July 31, 2019, 08:38:44 PM by makrospex

Good evening at $10.009  Cool
I've seen higher figures today.
Daily still looking good, continuing yesterdays trend.
I'll wait one more green daily candle with short wick to feel safe.

Don’t try to feel safe man. That’s a trap.  Just go with the flow.  It’s all going in the right direction.  

Yep, as always.
Since i don't trade and just hodl...  Grin

EDIT:
Feeling "safe" about an intermediate uptrend. I guess it's about a 50% chance to see big red candles after day3 of the daily uptrend. Still 50% chance of not seeing one. We'll see.

EDIT2: intermediate = mid-term.
JayJuanGee
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July 31, 2019, 08:55:27 PM

Incidentally, it is working splendidly so far.

Yeah jbreher, splendidly is far from a couple of recent reorg occasions.

With no known negative consequences.

eta: Other than the loss of the coinbase tx revenues for the initial orphaned miners.

Right, why would it have any negative consequences since nobody uses it, dah?

Way to completely miss the point. Again.

All the txs (again, save for the coinbase tx of each orphaned block) were ultimately included onchain.

Nevermind the obvious blatant lie that "nobody uses it". Is this what substitutes for honest discourse in your pathological mind?

Thanks Craig for sorting that out.  We don't know what we would do without you.

Precious. HM thinks I'm Craig. Jiggy thinks I'm a government agent.

OTOH, several here have provided thinly-veiled evidence that they know exactly who I am. Which is, incidentally, neither of the above. Nor am I HM nor Jiggy, for that matter.

One thing you have been recently is a convoluted drama queen bear.

JayJuanGee
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July 31, 2019, 08:58:40 PM

I guess it's about a 50% chance to see big red candles after day3 of the daily uptrend. Still 50% chance of not seeing one.

You are sounding about as certain as me. 

TLDR:  It's about 50/50.
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July 31, 2019, 09:35:22 PM

i couldnt resist..
i voted the poll most bullish option.  Grin
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July 31, 2019, 10:08:27 PM

https://m.youtube.com/watch?v=Wigz8z6Vm3U

Anyone saw the schiff-pomp already?

Something for tomorrow.... HODLsleep now and above 5-dig

Lets keep it Cheesy
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July 31, 2019, 10:28:22 PM

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