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

[BlindMayorBitcorn]

@JJG are you one of lambies characters?

Aren't we all?

[ChartBuddy]

Coin



Explanation

[Fatman3001]

@JJG are you one of lambies characters?

Aren't we all?

Don't get me started.

[JayJuanGee]

the price is pretty stable right now, im wondering if it will stay like that for a while, im looking to buy some bitcoins but honestly i dont have the courage to do that now

There's really no such thing as stable in bitcoin... even though peeples seem to like to throw that word around.

Really, if you are not sure, and you think prices could go up or they could go down, then you should figure out the amount that you are considering investing, and then divide it up into portions that you could invest some portion of that now, and then additional portions if the price goes down (at certain triggering points). 

If you do not have any bitcoins, and you choose to not invest any at all at this point, then that would logically signify that you believe 100% that the price is going to go down, and based on your above text, it already appears that you are not 100% convinced, and you should therefore invest a little bit right now in accordance with your actual view and your risk tolerance.   

No need to get greedy, just invest sensibly to the best of the information now available to you in order that you are prepared for the price to go in either direction in accordance with your risk tolerance and your view of probabilities.

[Fatman3001]

the price is pretty stable right now, im wondering if it will stay like that for a while, im looking to buy some bitcoins but honestly i dont have the courage to do that now

There's really no such thing as stable in bitcoin... even though peeples seem to like to throw that word around.

Really, if you are not sure, and you think prices could go up or they could go down, then you should figure out the amount that you are considering investing, and then divide it up into portions that you could invest some portion of that now, and then additional portions if the price goes down (at certain triggering points). 

If you do not have any bitcoins, and you choose to not invest any at all at this point, then that would logically signify that you believe 100% that the price is going to go down, and based on your above text, it already appears that you are not 100% convinced, and you should therefore invest a little bit right now in accordance with your actual view and your risk tolerance.   

No need to get greedy, just invest sensibly to the best of the information now available to you in order that you are prepared for the price to go in either direction in accordance with your risk tolerance and your view of probabilities.

[BlindMayorBitcorn]

^
This is merely your feeble attempt at manifesting in some of my recent content, but I may or may not be working on, or, rather, composing, another post that may or, in all likelihood, shall, address some, if not all, of these areas of your purported and/or potential concern(s), which is to say the concerns you may or may not hold now are likely to be addressed in the post which is the topic of the post I'm currently composing.

[Fatman3001]

^
This is merely your feeble attempt at manifesting in some of my recent content, but I may or may not be working on, or, rather, composing, another post that may or, in all likelihood, shall, address some, if not all, of these areas of your purported and/or potential concern(s), which is to say the concerns you may or may not hold now are likely to be addressed in the post which is the topic of the post I'm currently composing.

Wrong account, doofus!

[BlindMayorBitcorn]

^
This is merely your feeble attempt at manifesting in some of my recent content, but I may or may not be working on, or, rather, composing, another post that may or, in all likelihood, shall, address some, if not all, of these areas of your purported and/or potential concern(s), which is to say the concerns you may or may not hold now are likely to be addressed in the post which is the topic of the post I'm currently composing.

Wrong account, doofus!

Lol. That was a JJG original!

I think it'd be cool if we could all swap nicks for a day. Acting seems like fun.

[BlindMayorBitcorn]

[ChartBuddy]

Coin



Explanation

[JayJuanGee]

why the price is not moving at all, we surely need some price increases if we want to attract more people to the bitcoin, also the stable price is very boring i must admit, i cant make too much money out of trading bitcoin

don't worry the "stable price" we've been seeing for past 48hours (420-425) is almost over, it's decision time.

>70% chance it resolves down IMO

I believe that this is the true reverse adam indicator in action, and no reverse psychology is being attempted in this here prediction..


Therefore, everyone, better get "all in" (or at least 70% in), since we have a 70% chance of going up....

[sAt0sHiFanClub]

...
current gen run 4.73TH at 1293 Watts. And no professional miner pays 12c/kWh. More like 1.5-4 cents.

Guys, where's your DIY spirit? Here's some absolutely Atlas-Shruggy Randiana we could paradigm-shift to sub-penny power with a few hydro-disruptors, like that orgone collector powering up BitUsher's solar solo home mine?
Who's with me?



http://gizmodo.com/a-rare-glimpse-inside-a-magnificent-abandoned-shrine-t-1000133696

Just think of the toast he is gonna make.....

[xyzzy099]

Interesting...

[bitcoin-dev] The first successful Zero-Knowledge Contingent Payment
Gregory Maxwell via bitcoin-dev <bitcoin-dev@lists.linuxfoundation.org>
To Bitcoin Dev
Today at 4:42 PM
I am happy to announce the first successful Zero-Knowledge Contingent
Payment (ZKCP) on the Bitcoin network.

ZKCP is a transaction protocol that allows a buyer to purchase
information from a seller using Bitcoin in a manner which is private,
scalable, secure, and which doesn’t require trusting anyone: the
expected information is transferred if and only if the payment is
made. The buyer and seller do not need to trust each other or depend
on arbitration by a third party.

Imagine a movie-style “briefcase swap” (one party with a briefcase
full of cash, another containing secret documents), but without the
potential scenario of one of the cases being filled with shredded
newspaper and the resulting exciting chase scene.

An example application would be the owners of a particular make of
e-book reader cooperating to purchase the DRM master keys from a
failing manufacturer, so that they could load their own documents on
their readers after the vendor’s servers go offline. This type of sale
is inherently irreversible, potentially crosses multiple
jurisdictions, and involves parties whose financial stability is
uncertain–meaning that both parties either take a great deal of risk
or have to make difficult arrangement. Using a ZKCP avoids the
significant transactional costs involved in a sale which can otherwise
easily go wrong.

In today’s transaction I purchased a solution to a 16x16 Sudoku puzzle
for 0.10 BTC from Sean Bowe, a member of the Zcash team, as part of a
demonstration performed live at Financial Cryptography 2016 in
Barbados. I played my part in the transaction remotely from
California.

The transfer involved two transactions:

8e5df5f792ac4e98cca87f10aba7947337684a5a0a7333ab897fb9c9d616ba9e
200554139d1e3fe6e499f6ffb0b6e01e706eb8c897293a7f6a26d25e39623fae

Almost all of the engineering work behind this ZKCP implementation was
done by Sean Bowe, with support from Pieter Wuille, myself, and Madars
Virza.


Read more, including technical details at
https://bitcoincore.org/en/2016/02/26/zero-knowledge-contingent-payments-announcement/

[I hope to have a ZKCP sudoku buying faucet up shortly. ]
_______________________________________________
bitcoin-dev mailing list
bitcoin-dev@lists.linuxfoundation.org
https://lists.linuxfoundation.org/mailman/listinfo/bitcoin-dev

[JayJuanGee]

...
don't worry the "stable price" we've been seeing for past 48hours (420-425) is almost over, it's decision time.

>70% chance it resolves down IMO

Actually I expect a little pump first, fail to break resistance and then down. And the evolution of the bid sum on Chinese exchanges favors a pump.
I might shit myself if the pump does break resistance though...

no way it's going to crash hard, any second now.

Where's the resistance Tzupy?   Maybe around $438, or would you place it higher, like $448?  I personally consider it to be around $438... but I'm just kind of guessing (like most of us).

[lemmyK]

Caught On Tape: U.S. Test Fires Nuclear ICBM, Warns "We Are Prepared To Use Nuclear Weapons"

[JayJuanGee]

No wonder these miners are acting so crazy.

They've actually been doing pretty ok given the shitstorm, FUD, dev wars, etc.

+1

its pretty clear who is acting crazy....

From your assessment?  who is clearly acting crazy?  I personally believe that it is various people in the classic/Xt camps who seem to be so earnestly attempting to push some variation in the internal governance onto the status quo.. and there are a few of them... and some of them present more lucidly than others.... ... It's like the Mike Hearn types.. who engage in various rages to attempt to exaggerate alleged bitcoin "problems." 

[Fatman3001]

Caught On Tape: U.S. Test Fires Nuclear ICBM, Warns "We Are Prepared To Use Nuclear Weapons"

Why else would they keep them? Firecrackers?

[Tzupy]

...
don't worry the "stable price" we've been seeing for past 48hours (420-425) is almost over, it's decision time.

>70% chance it resolves down IMO

Actually I expect a little pump first, fail to break resistance and then down. And the evolution of the bid sum on Chinese exchanges favors a pump.
I might shit myself if the pump does break resistance though...

no way it's going to crash hard, any second now.

Where's the resistance Tzupy?   Maybe around $438, or would you place it higher, like $448?  I personally consider it to be around $438... but I'm just kind of guessing (like most of us).

The (little?) pump started, as for resistance, I guess about 15$ from the starting point, in the bearish short term scenario. If it breaks 450$, I'll buy the next dip.

[lemmyK]

quite the fucked up world......where an osified and mentally deranged group of inbred bankers run the place and have total contempt for all other life and life support systems not of immediate concern to themselves.

[JayJuanGee]

i sold a bunch, as a hedge against blockstearms rock hard heads.
if these guys continue to have influence over bitcoin, i foresee myself rage quitting at one point .
they are bound to keep pissing me off...

Mr. Hearn?

 Did you take over the penquin's account?