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

[ChartBuddy]

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Explanation

[BlindMayorBitcorn]

Wake up!!!! You sheeple!

It's censorship-resistant money, for cryin' out loud!

[BlindMayorBitcorn]

^

[gentlemand]

Wake up!!!! You sheeple!

It's censorship-resistant money, for cryin' out loud!

Does there be celebrities and mobile phone games involved? Will it improve my tan? Will it make me look cool to my peers? No? Wake me up when that happens. I'm so, like, whatever, outta here.

[BlindMayorBitcorn]

Wake up!!!! You sheeple!

It's censorship-resistant money, for cryin' out loud!

Does there be celebrities and mobile phone games involved? Will it improve my tan? Will it make me look cool to my peers? No? Wake me up when that happens. I'm so, like, whatever, outta here.

Listen: this is the kind of refined, state-of-the-art cream cleansercryptocurreny the free world is famous for. Look younger? Yes. And look younger! Have you ever considered how the wealthy elite power their noses? It isn't just cocaine. You know?
Look: has cleaning staff ever mistaken you for rubbish and binned you? It ain't for nothin'. Get serious about your skincryptocurrency.

Bitcoin: Put it on yer face!!

[gentlemand]

What about my flap apron belly, erectile dysfunction, anal leakage, haemorrhoids, skin tags, cyber bullying issues, paedo great uncle, ruined reputation in the pro ana community because I was exposed as super morbidly obese, transgender hamster, pisspoor Ebay feedback and pathetic scores on ratemyvomit?

Oh, and me gout.

[BlindMayorBitcorn]

What about my flap apron belly, erectile dysfunction, anal leakage, haemorrhoids, skin tags, cyber bullying issues, paedo great uncle, ruined reputation in the pro ana community because I was exposed as super morbidly obese, transgender hamster, pisspoor Ebay feedback and pathetic scores on ratemyvomit?

Oh, and me gout.

Do you want to have an ugly face? If your face is ugly, life is worse.
This is the point I'm trying to make: if you had a more attractive face doctors would be more sympathetic, dance clubs would welcome you, social media pundits would be more inclined to assume you are honest. Penis problems are champagne problems. Get some food in you first. And put on a nice shirt.

Bitcoin!

[aztecminer]

wow you guys must be really smart spotting all these patterns and having all these explanations for everything

yeah we are tops.

[ChartBuddy]

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Explanation

[aztecminer]

YO! u landlubbin HODLERS.. surrender yo bitcoins to us now! the next punch is coming. (got ya covered while u away billyjoe) #FourPunchRaiders

You are all over the place Mr. Aztec...


I thought a punch is an upward BTC price movement, even though the overall claim coming from you and BJA (even though you guys seem to be saying different things) is that BTC prices are moving downward until a purportedly necessary fix of BTC is achieved.


I get the sense that you, Aztec, are asserting that a fix of BTC cannot be achieved because BTC is all a mirage and pump mostly orchestrated by the US Gov, and BJA is suggesting that a fix could be achieved (if they followed some intelligent guidance from people like him (BJA that is)), even though in the end, historically, BJA has demonstrated over and over through his posts (since 2011 or so) that he likes to whine and be emotional and to exaggerate about something or another no matter what in order to get a lot of attention and to talk his book.

yeah that is about right. i'm #1.. i am the best.. i am "all over the place" .. and.... i reserve the right to change my mind without notice.

basically i do whatever i feel morning after i wake up. a lot times i like to talk trash. i pride myself as #1 trash talker ..  this morning i talked trash about #gimpedCoin ........ i dont talk trash about RIPPLE........cuz..... i am on more friendly terms with those guys. although i am not really active in RIPPLE.. not that i do not want to be ...right now i am only on Coinbase and RIPPLE GATEWAY .

what i think Juangee is that you are emotional about your investment in bitcoin, hence.. why you defend it no matter what. we could have some virus spreading through the blockchain that steals peoples bitcoins for EIGHT MONTHS and you would be in here telling everyone bitcoin is fine.

the fact that your brain has yet to register is: BITCOIN CANNOT SCALE; until it does scale, then it doesn't. ......there is no exaggeration of this fact... the exaggeration is in your brain that thinks there is nothing wrong with bitcoin.


i think billyjoe is more intelligent than you juangee .. he makes more sense than you do ..  plus, he is with the #FourPunchRaiders and your not.

I'm not participating in this thread to compete with anyone regarding purported intelligence or any other characteristic or to pump anything. 

And sure, I have no problem that many of the posters may be more intelligent than me in a variety of ways.  In fact, I expect every poster to have some kind of knowledge that is greater than mine concerning that person's own experiences.

It seems like within the past couple of days, I responded to another post of yours that had a similar level of accusations towards me.

I found it...... for ease of reference, here it is:  https://bitcointalk.org/index.php?topic=178336.msg13758940#msg13758940 

Accordingly, I responded to your post, but you "conveniently" failed to acknowledge or respond to any of my points within that post.

In essence, I don't necessarily want to be repetitive in making points that I have already made in my earlier post, so if there is anything, you can respond to that.   Accordingly, if we are here genuinely attempting to stay on topic and to provide our experiences in respect to bitcoin, then, some of us are going to have different views regarding the future of bitcoin (if any).

yeah i do repeat myself a lot... purposely .. because if i dont people will forget.

[aztecminer]

don't forget everyone! BITCOIN CANNOT SCALE! until it does then it still doesn't ... its only been EIGHT MONTHS of arguing over it. #GimpedCoin

[BlindMayorBitcorn]

Wake me up when halving day is here, so I can buy cheap coins.

Leave your phone number here. There's a new bit service you might be interested in.

[ChartBuddy]

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Explanation

[AlexGR]

don't forget everyone! BITCOIN CANNOT SCALE! until it does then it still doesn't ... its only been EIGHT MONTHS of arguing over it. #GimpedCoin

Technological progress actually ...ensures that bitcoin not only can scale, but will indeed scale. It's not a matter of if, only a matter of when.

1995 = Pentium 75-100MHz / 8-16MB ram / 1-2GB disks / 14.4kbps - 128kbps connections.
2015 = 4-8core CPUs at 4 GHz / 4-16GB ram / 1-4 TB disks / home connections in the mbps to gbps (for fiber).

Everything has gone upwards like 1000x in 20 years. Processing power, memory, storage, network connections etc. And I'm not counting processing breakthroughs in GPU power or storage speedup like SSDs.

If the trend continues, by 2035 the technology will allow >5000tx/sec, without even improving the software. If the software gets improved (and it constantly is getting scaling improvements), we are talking multiple that - so we'll be seeing VISA-like capabilities way before the 2030's.

Bitcoin is ...doomed to scale, except if some catastrophic failure of our civilization destroys the IT industry. And we won't have to wait for 2035 for scaling, that's just a number. There are incremental steps in hardware and network capabilities all the time. We just want too much, too fast. And that's good because scaling solutions will have to be devised faster. Although one thing will never be overcome: The necessity for fees. It is impossible to have near-zero cost txs AND protect the network for abuse at the same time.

Free txs = attack vector possible for free.
Near free txs = attack vector possible for peanuts.

[TReano]

next leg down possible here. we didn't even attempt to break 2560 CNY yet. which is bad.

[cbeast]

Post Davos learning curve bump in 3...2...1... 

[Cconvert2G36]

don't forget everyone! BITCOIN CANNOT SCALE! until it does then it still doesn't ... its only been EIGHT MONTHS of arguing over it. #GimpedCoin

Technological progress actually ...ensures that bitcoin not only can scale, but will indeed scale. It's not a matter of if, only a matter of when.

1995 = Pentium 75-100MHz / 8-16MB ram / 1-2GB disks / 14.4kbps - 128kbps connections.
2015 = 4-8core CPUs at 4 GHz / 4-16GB ram / 1-4 TB disks / home connections in the mbps to gbps (for fiber).

Everything has gone upwards like 1000x in 20 years. Processing power, memory, storage, network connections etc. And I'm not counting processing breakthroughs in GPU power or storage speedup like SSDs.

If the trend continues, by 2035 the technology will allow >5000tx/sec, without even improving the software. If the software gets improved (and it constantly is getting scaling improvements), we are talking multiple that - so we'll be seeing VISA-like capabilities way before the 2030's.

Bitcoin is ...doomed to scale, except if some catastrophic failure of our civilization destroys the IT industry. And we won't have to wait for 2035 for scaling, that's just a number. There are incremental steps in hardware and network capabilities all the time. We just want too much, too fast. And that's good because scaling solutions will have to be devised faster. Although one thing will never be overcome: The necessity for fees. It is impossible to have near-zero cost txs AND protect the network for abuse at the same time.

Free txs = attack vector possible for free.
Near free txs = attack vector possible for peanuts.

Cool, so it's time to bump the DoS limit from 2010.

I see Blockstream tripling its War Chest has investors all hot and bothered up in here.

[ChartBuddy]

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Explanation

[ChartBuddy]

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Explanation

[Lutzow]

next leg down possible here. we didn't even attempt to break 2560 CNY yet. which is bad.

Yes, it seems to be a slow free fall at the moment. Not much interest in BTC anymore now that altcoins like ETH are also getting some media attention. But I guess the tide will still be in BTC favor after few more weeks.