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

[JorgeStolfi]

Another "stress test" just started.  The backlog is already 60 MB of unconfirmed transactions, and the input traffic is ~ 3 MB every 10 minutes, or ~5 kB/s .  So far, the tester is paying 0.2 mBTC/kB, like the last one.  Will it keep at that, or increase the fees later?

[cyclotronmajesty]

Potential bullish cypher pattern on the 1H:

Closed my long at breakeven just before it broke down a bit.

The similar behaviour is observed in other markets. Figure 2 presents the studyof S&P 500 index versus moon phases for the period since 1928 till 2010. Having invested £1,000 in S&P in 1928, by now would outcome in holding £63,864 worth portfolio, while by implementing the proposed moon trading strategy, the value of portfolio would have been £1,502,689.

Full study: http://www.scribd.com/doc/38095213/RBS-Equity-Special-2010-07-07

It seems to have an (pretty big) impact on BTC it seems, a new moon or a full moon seems to signal a (short-term) reversal, it's pretty accurate within 1-2 days for the last 6-7 months:

Yes I noticed that as well...

But it's not on the dot. It seems to me there are natural and unnatural forces. Moon waxing should be bullish, moon waning should be bearish. But they switch at times. Moon represents money, as the Moon is feminine and the feminine is the material world, which is exalted in wealth, and represented by money. So yea the moon is significant factor to take into account. Represents the unconscious forces and can impact people's buying or selling behavior.

Now is a waning moon so things should be going down. But there are reversals at times. And there are unnatural forces such as conspiracies and ponzi schemes to account for.

[Patel]

We're gonna hit, or be very close to 255 during august.

Then 400 by the end of the year

[ChartBuddy]

Coin
Explanation

[coinableS]

We're gonna hit, or be very close to 255 during august.

Then 400 by the end of the year

Not going to happen! We aren't dropping below $270. $400 seems like a low target for the end of the year. I'm thinking closer to 600.

[Morecoin Freeman]

My team put some walls at $270 as well.

[spooderman]

watsup errbody?

[ChartBuddy]

Coin
Explanation

[ChartBuddy]

Coin
Explanation

[budgie]

Another "stress test" just started.  The backlog is already 60 MB of unconfirmed transactions, and the input traffic is ~ 3 MB every 10 minutes, or ~5 kB/s .  So far, the tester is paying 0.2 mBTC/kB, like the last one.  Will it keep at that, or increase the fees later?

why some people have the urge of burning lots of money while annoying poor bitcoiners from all the world?

[sAt0sHiFanClub]

Another "stress test" just started.  The backlog is already 60 MB of unconfirmed transactions, and the input traffic is ~ 3 MB every 10 minutes, or ~5 kB/s .  So far, the tester is paying 0.2 mBTC/kB, like the last one.  Will it keep at that, or increase the fees later?

How accurate are these figures?  Its a simulation of a model of the system, so doubly removed!!.
As the dev admits, " the main tradeoff, however, is the dependence on the model assumptions"

[ChartBuddy]

Coin
Explanation

[ChartBuddy]

Coin
Explanation

[Natalia_AnatolioPAMM]

woah this looks cool...great way to bring your "average joe" on board to crypto !
https://www.youtube.com/watch?v=YFP4rLoJfE0

I like it! that's really the thing worth  watching and considering

[ChartBuddy]

Coin
Explanation

[eerygarden]

woah this looks cool...great way to bring your "average joe" on board to crypto !
https://www.youtube.com/watch?v=YFP4rLoJfE0

Brilliant ending!

[ChartBuddy]

Coin
Explanation

[macsga]

woah this looks cool...great way to bring your "average joe" on board to crypto !
https://www.youtube.com/watch?v=YFP4rLoJfE0

Brilliant ending!

Woah! That's the definition of "fair game"...

@JorgeStolfi:

Another "stress test" just started.  The backlog is already 60 MB of unconfirmed transactions, and the input traffic is ~ 3 MB every 10 minutes, or ~5 kB/s .  So far, the tester is paying 0.2 mBTC/kB, like the last one.  Will it keep at that, or increase the fees later?

Thanks for the informational post. Are you aware of the "stress tests" that China incorporates for about a couple of weeks now towards the global economic system? What is your professional opinion of the commodities drop and how this is going to evolve within a time period of (let's say) 2 months?

Thanks in advance for your insightful answer...

[ChartBuddy]

Coin
Explanation

[dreamspark]

woah this looks cool...great way to bring your "average joe" on board to crypto !
https://www.youtube.com/watch?v=YFP4rLoJfE0

Ah so thats why there has been a 200%+ pump for gmc.

Surely something like this would be easily done with btc?