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

[ChartBuddy]

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Explanation

[criptix]

so apprently i missed some big shit in my inactivity the last couple months...

bitcoin xt? satoshi actually posting something on the dev mailing list? wow.

and here the price action is going all interesting places.

interesting times indeed.

Bitcoin XT was a dud. "Satoshi" posting was likely the hacker that hacked his e-mail account last year.

no, that was not the same account. the one satoshi used on this matter seems legit as far as the story goes.

in any case, nobody knows, so let cut the hacker crap and focus on the message rather than the messenger, as i personally found it well written and quite insightful.

Of course you and gmaxwell thought so.

But for the rest of us it looks a bit silly that either satoshi or the guy/girl hacking his account used satoshis authority to thrash xt at the same time as he/she asks people not to be swayed by authority.

The person who wrote that PoS must be an idiot. I hope it's not Satoshi. I'd like to think he is smarter than that.

funny how the XTards praising on satoshi's 3 worded 'vision' from its WP to bloat the blockchain with their coffee tips can't help but continuously reject the last email because it does not fit their twisted little minds.

yet nobody knows if it is him, and he certainly does not have to gpg verify jack shit for you noobs to blindly flock around like the daddy issues wannabes you all seems to be.

cool down bro. seems you are a bit stressed.
u might want to take some cash from your profits and go for an blow and stuff.

sex makes happy.

 

[BlindMayorBitcorn]

so apprently i missed some big shit in my inactivity the last couple months...

bitcoin xt? satoshi actually posting something on the dev mailing list? wow.

and here the price action is going all interesting places.

interesting times indeed.

Bitcoin XT was a dud. "Satoshi" posting was likely the hacker that hacked his e-mail account last year.

no, that was not the same account. the one satoshi used on this matter seems legit as far as the story goes.

in any case, nobody knows, so let cut the hacker crap and focus on the message rather than the messenger, as i personally found it well written and quite insightful.

Of course you and gmaxwell thought so.

But for the rest of us it looks a bit silly that either satoshi or the guy/girl hacking his account used satoshis authority to thrash xt at the same time as he/she asks people not to be swayed by authority.

The person who wrote that PoS must be an idiot. I hope it's not Satoshi. I'd like to think he is smarter than that.

It was weak, I'm with you. Besides if Satoshi wanted to tell us something he still has his account here. But nope.

[gentlemand]

Sorry, I dont understand, why?

People were getting worked up about the first one with ideas that some asshole trader would buy all of them and then dump all tens of thousands of them on the market.

In the end they probably went above market to one guy who had no intention of selling and the leaked list of bidding interest revealed some serious heavyweights. For the second auction there was an equally impressive bunch of people.

The auctions are copper bottomed opportunities for buyers to large quantities of coins well away from all the shitty exchanges. They go into the safest hands and that's what people were getting jumpy about with the first one. I think that notion is well and truly disproven and anyone who thinks otherwise can't be arsed to apply some actual logic.

[ChartBuddy]

Coin

Explanation

[Suntouri]

Sorry, I dont understand, why?

People were getting worked up about the first one with ideas that some asshole trader would buy all of them and then dump all tens of thousands of them on the market.

In the end they probably went above market to one guy who had no intention of selling and the leaked list of bidding interest revealed some serious heavyweights. For the second auction there was an equally impressive bunch of people.

The auctions are copper bottomed opportunities for buyers to large quantities of coins well away from all the shitty exchanges. They go into the safest hands and that's what people were getting jumpy about with the first one. I think that notion is well and truly disproven and anyone who thinks otherwise can't be arsed to apply some actual logic.

I understand, thank you very much for your explanation.

[ChartBuddy]

Coin

Explanation

[Meuh6879]

look good ... china, we invite you if you want ?  

[jeffthebaker]

look good ... china, we invite you if you want ?  

Is it just me or are we seeing green?

Hold on to your seatbelts everyone, I think this rollercoaster is finally headed up!!

[ChartBuddy]

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Explanation

[noobtrader]

look good ... china, we invite you if you want ?  

Is it just me or are we seeing green?

Hold on to your seatbelts everyone, I think this rollercoaster is finally headed up!!

it will be awesome if btc can reach 311 and forming a large inverted head and shoulder, then it means 400 is the next possible target.... 

[ssmc2]

Who thinks we're going up tomorrow?

[ChartBuddy]

Coin

Explanation

[Patel]

We need a red weekly candle for this trend to sustain

[ChartBuddy]

Coin

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[QuestionAuthority]

Love is the bread of life but money is the honey.

[billyjoeallen]

I'm not pushing XT specifically. Not even Gavin and Hearn are doing that. Sure, I would prefer BIP101 to BIP100,  but it's not even clear that we'll get ANY scaling solution and certain people are being manipulated by powers that don't want any scaling solution to be implemented.  

What is clear is that the argument that small block size prevents centralization is a bogus argument.  Routing around the xaction limit reintroduces trusted third parties.  These smallblockers are not defending the true decentralized vision of the project. Just the opposite is the case.  They want to take power away from the end users (the customers) and give it to the employees (the miners). Whether or not the owners (hodlers) like that idea is going to be reflected in the charts.

[brg444]

I'm not pushing XT specifically. Not even Gavin and Hearn are doing that. Sure, I would prefer BIP101 to BIP100,  but it's not even clear that we'll get ANY scaling solution and certain people are being manipulated by powers that don't want any scaling solution to be implemented.  

What is clear is that the argument that small block size prevents centralization is a bogus argument.  Routing around the xaction limit reintroduces trusted third parties.  These smallblockers are not defending the true decentralized vision of the project. Just the opposite is the case.  They want to take power away from the end users (the customers) and give it to the employees (the miners). Whether or not the owners (hodlers) like that idea is going to be reflected in the charts.

Let's leave it to people who understand Bitcoin to discuss these issues, shall we?

How's that supposed to work? How many "blockspace" do I get for 1 bitcoin?

Easy. 1/21,000,000th of the whole chain.  I answered your question, now you answer mine. If I'm not buying space on the blockchain when I'm buying bitcoin, what am I buying?

So for 1 bitcoin I get 1/21,000,000th of the whole chain? Are you for real? Were you hit over the head with something?

Nope. I get one twentyone millionth of the whole damn chain. 4 eva. If you think that's too much, then perhaps you are selling your coins too cheaply.

If I'm not buying blockspace when I'm buying bitcoin, then what the hell am I buying?

[bad trader]

Two of the lines are still holding for now.



We broke the downtrend again, but we might still crash back into it.

[ChartBuddy]

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Explanation