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Question: How far will this leg take us?
$110K - 9 (8.3%)
$120K - 19 (17.6%)
$130K - 17 (15.7%)
$140K - 9 (8.3%)
$150K - 19 (17.6%)
$160K - 2 (1.9%)
$170K+ - 33 (30.6%)
Total Voters: 108

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26838735 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. (174 posts by 1 users with 9 merit deleted.)
peonminer
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December 05, 2015, 03:53:03 PM

Pwnd.
ChartBuddy
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December 05, 2015, 04:00:53 PM

Coin



Explanation
ssmc2
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December 05, 2015, 04:11:12 PM

If one were to drop acid and take a look at the charts, they would clearly see that all matter is merely energy condensed to a slow vibration, that we are all one consciousness experiencing itself subjectively, there is no such thing as death, life is only a dream, and we are the imagination of ourselves.

And that we going UP.
GreekGeek
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December 05, 2015, 04:12:39 PM

next stop 520 (maybe 680)
adamstgBit
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December 05, 2015, 04:12:47 PM

damn should i buy back at a loss again?  Cheesy
Hyperjacked
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It's all mathematics...!


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December 05, 2015, 04:15:06 PM

If one were to drop acid and take a look at the charts, they would clearly see that all matter is merely energy condensed to a slow vibration, that we are all one consciousness experiencing itself subjectively, there is no such thing as death, life is only a dream, and we are the imagination of ourselves.

And that we going UP.


And of course the 4hour inverse head and shoulders is shouting "breakout immient!"

Disclaimer:This is Not investment advice!
peonminer
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December 05, 2015, 04:16:54 PM

damn should i buy back at a loss again?  Cheesy
LOL

I was up $50 on my margin and the euphoria set in again. Angry It seems the whales like a solid 10% gain per rise, before the take you out back and beat you like a punching bag for a bit.

I've gone full retard euphoria the past three days, missing out on around $200 unrealized profit. Angry Not much; It's the principle of the matter though. Smiley Live and learn.

If one were to drop acid and take a look at the charts, they would clearly see that all matter is merely energy condensed to a slow vibration, that we are all one consciousness experiencing itself subjectively, there is no such thing as death, life is only a dream, and we are the imagination of ourselves.

And that we going UP.


And of course the 4hour inverse head and shoulders is shouting "breakout immient!"

Disclaimer:This is Not investment advice!
I friggin hope so. I want some GAINZZZZ!
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December 05, 2015, 04:20:51 PM

damn should i buy back at a loss again?  Cheesy
LOL

I was up $50 on my margin and the euphoria set in again. Angry It seems the whales like a solid 10% gain per rise, before the take you out back and beat you like a punching bag for a bit.

I've gone full retard euphoria the past three days, missing out on around $200 unrealized profit. Angry Not much; It's the principle of the matter though. Smiley Live and learn.

If one were to drop acid and take a look at the charts, they would clearly see that all matter is merely energy condensed to a slow vibration, that we are all one consciousness experiencing itself subjectively, there is no such thing as death, life is only a dream, and we are the imagination of ourselves.

And that we going UP.



And of course the 4hour inverse head and shoulders is shouting "breakout immient!"

Disclaimer:This is Not investment advice!
I friggin hope so. I want some GAINZZZZ!

That's why I get the big buck$

Disclaimer:I'm wrong 32% of the time...
koryu
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December 05, 2015, 04:37:36 PM

traded the wave and made 10$, wow, what a waste of time.

Time to go out and enjoy saturday evening.
peonminer
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December 05, 2015, 04:58:43 PM

traded the wave and made 10$, wow, what a waste of time.

Time to go out and enjoy saturday evening.
Throw some bigger balls at it Wink



When the breakout happens

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December 05, 2015, 05:00:51 PM

Coin



Explanation
Hyperjacked
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It's all mathematics...!


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December 05, 2015, 05:06:17 PM

Breakout imminent!  Cool

Got my targets set...now I'm gonna enjoy a beautiful day!

Cheers

TReano
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December 05, 2015, 05:12:31 PM

That's why I get the big buck$

Disclaimer:I'm wrong 32% of the time...


even good traders are wrong way over 50%.

They just know when to cut loses and when let the winner run and when to take profits. They just have a working system.


I read about a young famous stock trader who became a multi millionaire. He said he had losers in like over 95% of his trades. But the 5% where absolute monsters.
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December 05, 2015, 05:13:04 PM

Wait for iiiiiiiit....
Richy_T
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December 05, 2015, 05:15:26 PM


USA use to be somthing special...  really sad everything got all so fucked up. you guys had the "right stuff" and then USA got raped or somthing, not sure wtf happened but you had 'it' then somehow you lost 'it'.

1971

I'm no cheerleader for the gold standard but what followed...
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December 05, 2015, 05:20:27 PM


Saturation from dust, spam, worthless micro-txs, faucets, dice, "stress tests", scripts that are purposefully wasting space in the blockchain for minimal fees, etc = nobody should even bother.


If you want to block these things, block them with policy. Not by artificially limiting everybody. IMO, not enough has been done to encourage fine-grain control over transactions which are included in a block. It should almost have its own mini-scripting language IMO.

Saturation from legit txs should get a bump to accommodate for new capacity.

This is a fair statement.
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December 05, 2015, 05:22:23 PM

300's will soon be history, just like the 200's and 100's before it. Get your $3xx coins while you can.
peonminer
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December 05, 2015, 05:24:25 PM

Wait for iiiiiiiit....

AlexGR
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December 05, 2015, 05:26:00 PM


Saturation from dust, spam, worthless micro-txs, faucets, dice, "stress tests", scripts that are purposefully wasting space in the blockchain for minimal fees, etc = nobody should even bother.


If you want to block these things, block them with policy. Not by artificially limiting everybody. IMO, not enough has been done to encourage fine-grain control over transactions which are included in a block. It should almost have its own mini-scripting language IMO.

Restricted space => creates fee competition => dust will become non-economically viable to move around.

So you have a policy right there. It doesn't yet work because blocks are half-full (~500kb on average) so you can still move dust with near zero cost (if you have the patience to wait), but the policy will work when legitimate transactions increase in volume to approach the block size limit. We are not there yet.

There is no "artificial limitation on everybody". Those who pay a competitive fee are included next block, even if the block size is ...100kb.
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December 05, 2015, 05:36:59 PM


Restricted space => creates fee competition => dust will become non-economically viable to move around.

Restricted space => fee competition
More adoption+fee competition => expensive fees
Expensive fees => stalled adoption
Stalled adoption => declining interest
Declining interest => what are we even trying to do here?

This, however, is not a description of how bitcoin will fail but how bigger blocks are inevitable.

I suggest you go back and reread what Jorge wrote also. He describes well how the block size limit encourages attacks on Bitcoin

Also, it is not on developers to be setting up fee markets. It should be the realm of, well, the market.
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