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

[JayJuanGee]

Anybody have a clue why bitcoinwisdom isn't working? (not updating)

Are you talking about the App on the Iphone, or some other thing? 

For several months, I had noticed that sometimes on the iphone  the bitcoinwisdom app does not update right away and you can switch between settings in order to force a loading of an update of the price... I'm not very technical, so I don't know why, but I know that kind of failure to update the price has been happening for me for quite a long time on the iphone app.... and sometimes I switch between bitcoinwisdom and the zeroblock app in order to verify the current price... since the zeroblock app seems to update more quickly.

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[AlexGR]

Aztecminer, in the real world what you say makes sense, with the assumption that you are expecting to make money from the clients that will be using your infrastructure.

Someone is paying you 100$ per month, you get 20$ profit, you are ok with the upgrade costs - otherwise you go out of business. Right?

You are not selling your services for near zero cost. If you did, and you had almost infinite demand as a result, needing upgrades to cope with near infinite demand and near infinite abuse (from the near zero cost situation), you would not upgrade anything. You'd just say "this is ridiculous, I'm going bust".

Your priority would definitely not be to service near-zero-cost users and abusers but to make it viable (=fee market).

If people say that your network or data center services "don't scale" and that the small guy who wanted your hosting services for 2 cents is "excluded" you'd tell them "cry me a river and fuck off".

Why do you want to have something different when bitcoin is concerned? Why should the priority of bitcoin be to service near-zero-cost users and abusers - and do so by upgrading constantly (=giving them more space to abuse, increasing the costs for everyone) with zero tangible benefits? Why do you want to turn the network into an economic amplification attack for those who service it? Why do you want to do with it what you wouldn't do for your own company?

There is a significant distinction between "this is an infrastructure that is used and paid and we must upgrade it" and "this is an infrastructure which is already abused due to the extremely low cost of use - so it doesn't make any sense to give, say, x100 space to the abusers".

Still, the abusers will have their near-zero-cost party, as the upgrades are coming soon and will "relieve" them of the enormous costs of sub 0.02$ fees that they are now using to spam the network

[podyx]

Anybody have a clue why bitcoinwisdom isn't working? (not updating)

Are you talking about the App on the Iphone, or some other thing? 

For several months, I had noticed that sometimes on the iphone  the bitcoinwisdom app does not update right away and you can switch between settings in order to force a loading of an update of the price... I'm not very technical, so I don't know why, but I know that kind of failure to update the price has been happening for me for quite a long time on the iphone app.... and sometimes I switch between bitcoinwisdom and the zeroblock app in order to verify the current price... since the zeroblock app seems to update more quickly.

No, on the web.

I'm always tracking price on there but the ticker is not updating for some reason, but I guess it'll come back.

[marcus_of_augustus]

5

[kodtycoon]

Anybody have a clue why bitcoinwisdom isn't working? (not updating)

its just so boring even bitcoinwisdom couldnt be arsed any more..

[marcus_of_augustus]

"Watching in a trance, the crew is certain
Nothing left to chance, all is working
Trying to relax, up in the capsule
"Send me up a drink", jokes Major Tom
The count goes on

[WeltMaster]

APRIL 18TH

[sinner]

is it possible that the halvening got priced in during the runup from $200ish to $500ish last year? then again i remember a similar runup in price in like august 2012, months before the first halvening.. if thats any indication, price might just do nothing.. for now.

i feel like we're gonna get to the end of the triangle and not break up or down, just continue flatlining until some scaling news comes out.. thoughts?

[BayAreaCoins]

is it possible that the halvening got priced in during the runup from $200ish to $500ish last year? then again i remember a similar runup in price in like august 2012, months before the first halvening.. if thats any indication, price might just do nothing.. for now.

i feel like we're gonna get to the end of the triangle and not break up or down, just continue flatlining until some scaling news comes out.. thoughts?

I think we run at least $10 north within 6 hours.

[r0ach]

is it possible that the halvening got priced in during the runup from $200ish to $500ish last year? then again i remember a similar runup in price in like august 2012, months before the first halvening.. if thats any indication, price might just do nothing.. for now.

No, it is not possible:

https://bitcointalk.org/index.php?topic=1428863.0

[r0ach]

Listen, Operative 41. The fuse is lighted. ...

I did not receive my payoff from the Jews to initiate said operation.

[slap]

Take your medication in time and stay of the red candies, thx.

Btw I'm seeing the flatline on wisdom too. Seems to be ticking well again now.

When is the pennant due to break? Or are we flatlining it out also? :/

[WeltMaster]

Take your medication in time and stay of the red candies, thx.

Btw I'm seeing the flatline on wisdom too. Seems to be ticking well again now.

When is the pennant due to break? Or are we flatlining it out also? :/

Well, we seem to be poking through 1d and lower BBands to the upside atm.

Also, MACD and RSI looking pretty healthy.

1 week/3d BB look tight as a nuns cunt so how that breaks will be anybody's guess

[slap]

.. tight as a nuns cunt.

Sounds nasty. So there will be blood? 

[BayAreaCoins]

1000 BTC wall on Bitfinex

[marcus_of_augustus]

hahaha ... someone wants to get in

[JimboToronto]

hahaha ... someone wants to get in

Or simply doesn't want the price to dip.

[JayJuanGee]

hahaha ... someone wants to get in

Or simply doesn't want the price to dip.

or wants to pull the wall... after getting some expectations lined up?

[JimboToronto]

hahaha ... someone wants to get in

Or simply doesn't want the price to dip.

or wants to pull the wall... after getting some expectations lined up?

Or buy his own wall to spark panic selling into his lower bids?

Gotta love the dance.



Edit: pulled

[inca]

Shorts ticking up. Now 16500 on finex. Longs 26m.

50:50 on the direction