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

[ghandi]

Trend reversal started. Don't miss the train! *ChooChoo*

(yeah...my trailing stop loss got triggered by the spike at kraken, so this *MUST* be the trend reversal... )

[mavericklm]

can't help myself, this is too funny!

we are going up a bit!!! no more cheap coins?

[folo]

Trend reversal started. Don't miss the train! *ChooChoo*

(yeah...my trailing stop loss got triggered by the spike at kraken, so this *MUST* be the trend reversal... )

What's your trailing stop value? € and %?

[ghandi]

Followed the downtrend with +10% trailing stop loss. So i got back in at €193.36. (Trigger was @ €192.91)

Few days ago it was 6%. But i was too worried about bounce-back-spikes. Worked well!    

[hendra147]

can't help myself, this is too funny!

we are going up a bit!!! no more cheap coins?

hahahhahaa
yesssss Im still holding MY bitcoin 
and now price is moving to new trend 

[ChartBuddy]

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Explanation

[JorgeStolfi]

Does it have to be the compromised shitcode of XT: definitely not

There is a version of XT with the block size limit increase only, without the other controversial changes.

If you don't trust XT, but (for some bizarre reason) you do trust Blockstream, you can take a copy of BitcoinCore and apply the size increase patches from XT yourself. There may be a copy of that out there, too.

Indeed, if you are not a miner, you can just take the BitcoinCore code and replace the one line where it says "MAX_BLOCK_SIZE = 1000000" by "32000000".  That way you will accept big blocks if they are in a blockchain that is longer than any other.  There are some hypothetical situations when that will be the "wrong" chain for a block or two, but those situations may occur only briefly sometime in 2016, and will not be different from the orphan blocks that happen 2-3 times every day already,

[nioc]

I was late but after I sacrificed on the alter we have stabilized, at least for a short while.

Worked like a charm.  Btc up,  YW

Although I may need to put a btc address in my signature in the future.

[brg444]

Does it have to be the compromised shitcode of XT: definitely not

There is a version of XT with the block size limit increase only, without the other controversial changes.

If you don't trust XT, but (for some bizarre reason) you do trust Blockstream, you can take a copy of BitcoinCore and apply the size increase patches from XT yourself. There may be a copy of that out there, too.

Indeed, if you are not a miner, you can just take the BitcoinCore code and replace the one line where it says "MAX_BLOCK_SIZE = 1000000" by "32000000".  That way you will accept big blocks if they are in a blockchain that is longer than any other.  There are some hypothetical situations when that will be the "wrong" chain for a block or two, but those situations may occur only briefly sometime in 2016, and will not be different from the orphan blocks that happen 2-3 times every day already,

Stolfi did Blockstream took your daughter out for dinner and brought her back late or something? Your butthurt is something else.

By all accounts the actions of Mike & Gavin warrant far more suspicion than conjectures about Blockstream's influence over the block size decision.

[Fatman3001]

Does it have to be the compromised shitcode of XT: definitely not

There is a version of XT with the block size limit increase only, without the other controversial changes.

If you don't trust XT, but (for some bizarre reason) you do trust Blockstream, you can take a copy of BitcoinCore and apply the size increase patches from XT yourself. There may be a copy of that out there, too.

Indeed, if you are not a miner, you can just take the BitcoinCore code and replace the one line where it says "MAX_BLOCK_SIZE = 1000000" by "32000000".  That way you will accept big blocks if they are in a blockchain that is longer than any other.  There are some hypothetical situations when that will be the "wrong" chain for a block or two, but those situations may occur only briefly sometime in 2016, and will not be different from the orphan blocks that happen 2-3 times every day already,

Stolfi did Blockstream took your daughter out for dinner and brought her back late or something? Your butthurt is something else.

By all accounts the actions of Mike & Gavin warrant far more suspicion than conjectures about Blockstream's influence over the block size decision.

Stolfi is CIA's administrative agent in São Paulo.

He's also a special operative for Boeing, gathering information on Embraer.

Don't know if it's relevant, but I thought I'd mention it.

[JorgeStolfi]

By all accounts the actions of Mike & Gavin warrant far more suspicion than conjectures about Blockstream's influence over the block size decision.

You have your nose, I have mine... 

[ChartBuddy]

Coin
Explanation

[brg444]

By all accounts the actions of Mike & Gavin warrant far more suspicion than conjectures about Blockstream's influence over the block size decision.

You have your nose, I have mine... 

Seeing as Blockstream would clearly benefit from block size increase, please entertain us with your arguments.

[Elwar]

Any block size discussion that discusses motives instead of actual technical discussion is pure propaganda on both sides.

[julian071]

Everybody, get ready for a massive dump, because I just bought back in. Somehow what I do always makes the price do the opposite  of what is good for me.

[klee]

Everybody, get ready for a massive dump, because I just bought back in. Somehow what I do always makes the price do the opposite  of what is good for me.

Opening an all in short...
 

[mattiadeabtc]

well, two days far from btc, and my coins are worth around the half, not bad at all 

[BRADLEYPLOOF]

Everybody, get ready for a massive dump, because I just bought back in. Somehow what I do always makes the price do the opposite  of what is good for me.

This is exactly how it works for me.  I'm THE best counter indicator there is.  Sold before the huge boom @ 240 back in early '13, kicked myself in the ass.  Bought back in not that long ago around $300, sold at $250, bought at $230, sold at $215.  Every time I buy, the market drops and every time I sell, the market goes up.  I need to have 2 accounts so I can buy on one and sell on the other and be covered either way.

[nioc]

Everybody, get ready for a massive dump, because I just bought back in. Somehow what I do always makes the price do the opposite  of what is good for me.

I thought it was all about me and you're saying it's all about you

anyways I'm ready for the dump

[ChartBuddy]

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Explanation