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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 21329522 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. (104 posts by 20 users deleted.)
heslo
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August 09, 2019, 11:24:05 PM

I know you'll hate me for this but is this the right time to get some shitcoins?  Grin Maybe with the 0.5% of the crypto portfolio? It can surely go down a lot more but what if It goes up?  Grin

XMR and LTC looks so cheap. Especially LTC. Shiet it is 0.007. I dumped mine at somewhere around 0.016 or 0.018 Wew! Feelsgood man. I can get back more than double of what I sold now but not sure If i really want them.

There will be a price point, it will become so cheap, some people won't be able to resist, no matter how pointless and shitty these alts are. It is all part of the speculation.

Maybe It is better to wait for the BTC ATH before making that decision and only then invest %1-3 in shitcoins.

*No need to mention: the aim is to get more bitcoins without getting bamboozled by the altcoin hodlers.
** I have that fuckface on ignore and I never ever read the post that quoted him. I advise you to do the same.

For me, the only alt I really bother with is XMR. I believe in that project and I like the devs.Been a great community from the start and continues to be so. I'd pick up some XMR if I were you and also maybe some LTC although technically I find it less interesting. Either way BTC is still the king
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JayJuanGee
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How much alt coin diversification is needed? 0%?


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August 10, 2019, 12:04:37 AM
Last edit: August 10, 2019, 12:32:18 AM by JayJuanGee

reaching 70% dominance. on cmc, which was always rigged in favour of alts.

BTC dominance was always over 80% until the BCH split happened. From that moment on. Or better to say a bit before that, was always uncertainty. Not just BCH steal dominance but also ETH, which many considered as BTC version two. But it ended just as a platform to crowdfund founds with illegal securities.  And it seems it lasted for two whole years.

There was an explosion of ICOs at that time. The BCH fork wasn’t a driver.

From end of 2017 Feb to mid 2017 Jun, BTC dominance plunged from over 85% to below 40%.
https://coinmarketcap.com/charts/#dominance-percentage

The beginning of 2017 is when blocks started becoming persistently full.
https://bitinfocharts.com/comparison/bitcoin-size.html

The loss of dominance was due neither to BCH nor ICOs. 'Twas the Blockalypse. Or more pecisely, Blockalypse I.

1)   jbreher's arguments above should serve as evidence that there is still a decent amount of stubborn hopium regarding the presentation of a bitcoin is broken narrative

It's not hopium. Quite the opposite. It's lamentation, you numbskull.

Lamentation filled with hopium.  For example, "I wished bitcoin was broken in order that bitcoin supporters would be more receptive to making a lot of worthless changes in order that bitcoin becomes easier to change, merely for the sake of change"  or     "It sucks that bitcoin works so well, but I will make shit up, anyhow.. hoping and hoping and hoping to my lamenting content that some shit will stick to the wall....."  




2) spammer BIG blockers like to conveniently forget how much resources they were pumping into spamming BTC's blockchain in mid to late 2017

Yet the fall off the cliff -- as clearly described above -- was early 2017. So, nice try, no gold star.

Yeah.. right.  As if someone died and put you in charge of determining relevant facts including weight to facts and appropriate conclusions to draw from such facts.

I already responded both that your facts are not correct and also, even if they were correct, segwit made a decent dent into the issue, lightning launched in early 2018, and fees and transaction times have largely returned to normal since early 2018 - so you, dumbass (or fellow numbskull) are referring to nearly three year old events, if the blockchain was starting to fill up in early 2017 like you asserted, but I am not going to grant that bullshit assertion to you either because throughout 2017, I did a lot of transactions on bitcoin, and I did NOT have any materially high fees nor slow transaction times for that whole time until after it had been propagandized all fucking year, even though it was a non-issue until between December 2017 and January 2018.  You fuck.  

TLDR:  You are continuing to make shit up in order to march forward with your ongoing replaying of inaccurate narratives that bitcoin is broken and to propose that you dumbasses (or numbskulls) have figured out some kind of solution for bitcoin's supposed (but not actually existing) brokenness to make BIG ASS blocks - which is even dumber than dumb as a solution (even though it sounds good to newbies), and most people who are half aware of bitcoin basics realize that by now.
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August 10, 2019, 12:37:14 AM

feels pumpy

I'm calling defcon 2 and moving to 5 minute candles
JayJuanGee
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August 10, 2019, 12:46:03 AM

feels pumpy

I'm calling defcon 2 and moving to 5 minute candles

"pumpy" as in up or down?

You mean that we are not going to get down before up?

You mean up before down?

Or just up before up?
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August 10, 2019, 01:34:57 AM


 I just sent 7 euro to top up my vodafon and the tx cost a little over 8 euro cents.  It was included in the next block.

 By the way, nice pic of you and LFC in front of a Bitcoin shop in Amsterdam.  I'm flying through there shortly Smiley

 
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August 10, 2019, 02:14:26 AM

feels pumpy

I'm calling defcon 2 and moving to 5 minute candles

SoonTM
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August 10, 2019, 02:53:13 AM

Sparta won in the end.

Tbh, i wouldnt like to live under a social credit system ;(

In this case I doubt it. The Chinese are amazing copiers but they have the innovation ability of a box of hammers.

The US lets them copy last years' technology. If they didn't, the Chinese might have to innovate something.

That's the real threat.
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August 10, 2019, 04:05:18 AM

I discovered interesting fact. Wall Observer is the biggest thread in the forum, and many users visited to read, or joined discussion here (from Newbies to Legendary members). However, the vote  (last round) shows only 113 voters. Where are others? Why did you not join the vote?
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August 10, 2019, 05:01:49 AM



Quote
Hodling Bitcoin has been profitable for 3817 days out of a total of 3869 days. That's 98.66% of bitcoin's history.

Green shows where buying bitcoin has been profitable.

The only people that have actully lost money with bitcoin, have just been impatient.

https://twitter.com/Rhythmtrader/status/1159862572973285380

Good morning WO,s

Bitstamp +/- 11800
CMC BTC Dominance 69.6%


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August 10, 2019, 06:07:09 AM

How the New Erlay Protocol Could Speed Up the Bitcoin Network

Quote
Bitcoin users are more secure if they use full Bitcoin nodes, and the overall Bitcoin network is healthier if they do, too. To encourage this, resource requirements to run a full node should be kept low, including the bandwidth required.

Erlay is a new proposal that could help reduce bandwidth requirements. It was developed by University of British Columbia researchers Gleb Naumenko, Alexandra Fedorova and Ivan Beschastnikh; Blockstream engineer Pieter Wuille; and independent Bitcoin Core contributor Gregory Maxwell.

https://bitcoinmagazine.com/articles/how-the-new-erlay-protocol-could-speed-up-the-bitcoin-network
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August 10, 2019, 06:16:55 AM
Merited by JayJuanGee (1)


I just sent 7 euro to top up my vodafon and the tx cost a little over 8 euro cents.  It was included in the next block.

And yet, the big blocker lunatics keep insisting that we should increase the block size, not gradually, by a mere few MB at a time, and as needed by current demand, but simply make it infinite, just because they think "bigger is better"... See, they want to insert movies, weather data and other weird stuff in the blockchain for some reason, forcing them to be stored and preserved forever in every network node. It's like Twitter having an unlimited post length. Just imagine what would happen to the network...

Fear not, the good thing about Bitcoin is that it's essentially (in a very broad sense), a self-regulating entity that adapts to its environment. It's a Darwinian "survival of the fittest" case. Those mutated, deformed, unfit coin monstrosities will eventually die off, and only the fittest will survive.
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August 10, 2019, 06:49:22 AM

I discovered interesting fact. Wall Observer is the biggest thread in the forum, and many users visited to read, or joined discussion here (from Newbies to Legendary members). However, the vote  (last round) shows only 113 voters. Where are others? Why did you not join the vote?


Am I wrong or the fact that any of the answers in the poll is highlighted in bold means you didn’t vote in the poll?
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August 10, 2019, 06:50:36 AM

Well done Nutildah!

https://bitcointalk.org/index.php?topic=4850225.msg52117047#msg52117047

I don’t know if You subscribed to Maggiordomo, in case you didn’t, Fillippone is here to help!
hd49728
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August 10, 2019, 06:56:11 AM

Am I wrong or the fact that any of the answers in the poll is highlighted in bold means you didn’t vote in the poll?
Did you see that the poll was locked already?
hd49728
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August 10, 2019, 07:06:23 AM

Some plans to take profits for hodlers in 2021 for very long term, and in medium term till the end of this year.

Here is my chart mentioned on one of my videos. Either utility is activated or we wait for 1 year for first moon shot of 7000%? This chart is a scenario if we follow previous market structure.


Here is the comparison of the trend from 2015 and 2019. We completed move A, now we are in move B. And this could even take till December to play out.
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August 10, 2019, 07:16:36 AM

Brexit has been good to us British BTC holders.
Before Brexit the GBPUSB was around 1.60 now it's 1.20.

That means that 25% of the current value of your BTC in GBP comes from Brexit.
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August 10, 2019, 07:45:52 AM

Managed to log in, but catching up from a phone is beyond me. I would like to post a game pic as suggested by a reputable peep, but I don't know how to remove exif data or edit the pic to show a slice at a time... I'll see what I can do.
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BTFD, on to 15K a coin !!!!


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August 10, 2019, 07:52:53 AM

Managed to log in, but catching up from a phone is beyond me. I would like to post a game pic as suggested by a reputable peep, but I don't know how to remove exif data or edit the pic to show a slice at a time... I'll see what I can do.

Use

https://imgflip.com/memegenerator

Its very easy ....
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August 10, 2019, 08:04:28 AM

Brexit has been good to us British BTC holders.
Before Brexit the GBPUSB was around 1.60 now it's 1.20.

That means that 25% of the current value of your BTC in GBP comes from Brexit.

Maybe these were all planned.

I read it somewhere a while ago, BoE was taking actions to devalue GBP regardless of the Brexit. Brexit probably just increased the effects. Maybe that's what they wanted in the first place, hard to guess.

Devalued GBP creates stress on the USD on the other hand. I bet Trump hates that weak GBP but can't really speak his mind as he does with the Euro because England is closer to the US more than ever now especially after the Brexit voting.

In the end, sooner or later, all of those major currencies will be at parity. 1:1:1:1... like a dead hearbeat. Nobody wants their currency to be a store of value. (Except one Cool)
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August 10, 2019, 08:18:37 AM

Well done Nutildah!

https://bitcointalk.org/index.php?topic=4850225.msg52117047#msg52117047

I don’t know if You subscribed to Maggiordomo, in case you didn’t, Fillippone is here to help!

No, I didn't, for the most part I don't want to hear what others are saying about me, but this time its an exception! Thanks for the heads up.

I also want to thank my mom, Jesus Christ, of course the big man upstairs, oh and micgoossens, jbreher and who could forget JJG, for helping to push me well past the 1,000 mark, I love you all and I hope to win this award again next year! Never stop believing in yourself!! You can do anything!!!
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