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

[savetherainforest]

Also, in general any new tech is first used by males disproportionally high, like, since fire?

From all that conversation about women are dumb and don't know to use money.. the thing that I got was : "Fire is tech" ... 

Lets... us men.. create a planet! Terraform one from our solar system or some sh!t .. then fill it with ladies! And lets call that planet "Amazonia", just for fun and cruelty! Then we send a spaceship each year to drop off there a group of 1000 new ladies there each batch of 20 years old... cuz why not? .. overpopulation is a bitch! .. so what the hell?.. fuck it! Throw them bitches in the fighting pit of Amazonia! .. And then wait 50-100 years and see what happens. They will all go lezb0 galore on each other in no time!

Btw those ladies dropped off there are bought from parents with bitcoin and raised since birth in a controlled environment with medium knowledge that an average medieval/elizabethan era woman would have. (No spaceship goats bullsh!t)

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[Assmaster2000]

More excellent mass adoption news, everyone! Canadian university is interested in beetcoins!

Canadian university buckles and pays $20k in bitcoin to hackers

The University of Calgary in Canada has paid just over $15,000 (CAD $20,000) to restore access to its computer systems following a ransomware attack.

Ransomware typically, as its name would suggest, prevents a victim from acessing their files and other services until demands had been met. In this case, that meant paying $15,000 to restore access to emails and other files.

It’s not the first time a company or organization has caved in and paid a ransomware demand -a hospital in the US paid $17,000 in bitcoin – but you have to wonder if making it public is a smart move.

Being seen as a ‘soft target’ will surely  invite further attacks and demands for payment, as has also been the case with that hospital.[...]

[yefi]

Opt-in RBF fixes zero-fee transactions.

I honestly don't care

That much is true.

[Paashaas]

10 good reasons to Buy Bitcoin.

https://medium.com/@Technomage/10-good-reasons-to-buy-bitcoin-now-9c5438893df9#.2omr54lct

[Assmaster2000]

Opt-in RBF fixes zero-fee transactions.

This what you're talking about?
https://en.bitcoin.it/wiki/Transaction_replacement
TL;DR: the problem with beetcoin is not that the fees are high, but that you don't know if you have enough money with you to be able to get off the bus, because, unlike a bus, beetcoin doesn't ask for your fare to get on. It lets you on, but if you don't have enough change on you? Have fun riding the bus. For the rest of your life

That much is true.

I'm starting to feel as if you don't even care about the things I say anymore. Maybe we should stop seeing each other you should just put me on ignore?


You should just go to that thread and collect your reward

[gogodr]

I feel like in the next few days we'll either have to continue going up or start to fall hard.
Let's hope for all us of that it continues going back up.

ETH will bounce around some more, but i wouldn't expect much more then +30% it feels toppy already.

Coin that went up 1,100% since Jan. 1

BTC on the other hand has plenty of room to grow. +100-300% in the coming year for bitcoin, wouldn't surprise me.

Coin that went up less than 50% since Jan. 1

@gogodr: Worst pone ever.

   

what?

[JayJuanGee]

By the way, I bought my first coins at $1,200, and I continued to buy all the way down below $200 and to bring my average down.  I accumulated several coins in the lower $200s, and took reasonable precautions to sell on the way up above $250 and currently, then to buy back on dips.  Sure it has taken some nursing along the way, yet currently, my BTC portfolio is in really decent shape because I have BTC accumulated and fiat stacked within the portfolio.  Thus there are several ways to view and calculate cost per BTC to attempt to figure if your holdings are profitable.  Sure, yeah, maybe to be a purist, I should wait for $1,200 to cash out the coins that I bought at $1,200, but really that is not absolutely necessary in order to still have an overall financially profitable holdings and selling position based on the overall average cost of the investment.

I can relate to your trolling.      

[Assmaster2000]

I feel like in the next few days we'll either have to continue going up or start to fall hard.
Let's hope for all us of that it continues going back up.

ETH will bounce around some more, but i wouldn't expect much more then +30% it feels toppy already.

Coin that went up 1,100% since Jan. 1

BTC on the other hand has plenty of room to grow. +100-300% in the coming year for bitcoin, wouldn't surprise me.

Coin that went up less than 50% since Jan. 1

@gogodr: Worst pone ever.

   

what?

Your waifu is shit.

[dumbfbrankings]

By the way, I bought my first coins at $1,200, and I continued to buy all the way down below $200 and to bring my average down.  I accumulated several coins in the lower $200s, and took reasonable precautions to sell on the way up above $250 and currently, then to buy back on dips.  Sure it has taken some nursing along the way, yet currently, my BTC portfolio is in really decent shape because I have BTC accumulated and fiat stacked within the portfolio.  Thus there are several ways to view and calculate cost per BTC to attempt to figure if your holdings are profitable.  Sure, yeah, maybe to be a purist, I should wait for $1,200 to cash out the coins that I bought at $1,200, but really that is not absolutely necessary in order to still have an overall financially profitable holdings and selling position based on the overall average cost of the investment.

I can relate to your trolling.      

There's a chance that not everyone who bought in at the very tippy top of the All Time High and spent the following three years trying to dig out is here to personally troll you, ya know?

[Spaceman_Spiff]

Good morning Bitcoinland.

Still battling over $580 I see.

Coiling for the next big leg up, presumably. Past $610 this time?

Hope so, don't know to what degree the bank holidays on BFX will affect price in the short term.

[dumbfbrankings]

The future is finally here.

Of course, it is. People must finally understand that blockchain space is a limited and valuable resource. You have to compete to get included. And compete even more to get included fast!

Good news! As Bitcoin's throughput is currently capped at less than 3.7 global tx per second... You don't have to compete to have your value transferred, there are now other options! Bitcoin can crawl slowly to its destiny of being high-powered central bank reserve settlement money... while general use and commerce can use something else. You see, while Bitcoiners battle each other in competition for inclusion, Bitcoin itself will be competing with other networks. Free markets ftw.

There will be no "fee event", as excess use cases can easily flow across the interwebs without competing for inclusion in a centrally planned artificial capacity quota! You won't even have to deposit and lock-up BTC in a payment channel that must stay continually connected to its monolithic hub partner. What a world!



https://medium.com/@lamassu/lamassu-announces-official-support-for-ethereum-9a4c1d8dc20b

[AlexGR]

The fastest and cheapest transaction fee is currently 50 satoshis/byte, shown in green at the top.
For the median transaction size of 226 bytes, this results in a fee of 11,300 satoshis (0.04$).


https://bitcoinfees.21.co/


The above applies both for a $1 tx, and a $10mn tx.... supposing one is in a rush and wants first block inclusion, otherwise its even lower.

If 0.04 fees are "settlement" layer stuff, then what are Western Union, Paypal and SWIFT fees that can be in the hundreds of dollars?

[dumbfbrankings]

The fastest and cheapest transaction fee is currently 50 satoshis/byte, shown in green at the top.
For the median transaction size of 226 bytes, this results in a fee of 11,300 satoshis (0.04$).


https://bitcoinfees.21.co/


The above applies both for a $1 tx, and a $10mn tx.... supposing one is in a rush and wants first block inclusion, otherwise its even lower.

If 0.04 fees are "settlement" layer stuff, then what are Western Union, Paypal and SWIFT fees that can be in the hundreds of dollars?

Yep, I always plan for future world domination by using utilization and price data from today. Top minds...

[JimboToronto]

1k Finex ask wall being nibbled, not pulled.

[JayJuanGee]

By the way, I bought my first coins at $1,200, and I continued to buy all the way down below $200 and to bring my average down.  I accumulated several coins in the lower $200s, and took reasonable precautions to sell on the way up above $250 and currently, then to buy back on dips.  Sure it has taken some nursing along the way, yet currently, my BTC portfolio is in really decent shape because I have BTC accumulated and fiat stacked within the portfolio.  Thus there are several ways to view and calculate cost per BTC to attempt to figure if your holdings are profitable.  Sure, yeah, maybe to be a purist, I should wait for $1,200 to cash out the coins that I bought at $1,200, but really that is not absolutely necessary in order to still have an overall financially profitable holdings and selling position based on the overall average cost of the investment.

I can relate to your trolling.    

There's a chance that not everyone who bought in at the very tippy top of the All Time High and spent the following three years trying to dig out is here to personally troll you, ya know?

Typical troll talk:  "There's a chance..."... Yeah right.... Do you know how to read, dumbfbrankings?  

Look at the troll (dumbfbrankings) trying to defend the other troll.  

[dumbfbrankings]

By the way, I bought my first coins at $1,200, and I continued to buy all the way down below $200 and to bring my average down.  I accumulated several coins in the lower $200s, and took reasonable precautions to sell on the way up above $250 and currently, then to buy back on dips.  Sure it has taken some nursing along the way, yet currently, my BTC portfolio is in really decent shape because I have BTC accumulated and fiat stacked within the portfolio.  Thus there are several ways to view and calculate cost per BTC to attempt to figure if your holdings are profitable.  Sure, yeah, maybe to be a purist, I should wait for $1,200 to cash out the coins that I bought at $1,200, but really that is not absolutely necessary in order to still have an overall financially profitable holdings and selling position based on the overall average cost of the investment.

I can relate to your trolling.    

There's a chance that not everyone who bought in at the very tippy top of the All Time High and spent the following three years trying to dig out is here to personally troll you, ya know?

Typical troll talk:  "There's a chance..."... Yeah right.... Do you know how to read, dumbfbrankings?  

Look at the troll (dumbfbrankings) trying to defend the other troll.  

Another astute observation Mr. Gee.

"Just because you're paranoid doesn't mean they're not after you."

[AlexGR]

The fastest and cheapest transaction fee is currently 50 satoshis/byte, shown in green at the top.
For the median transaction size of 226 bytes, this results in a fee of 11,300 satoshis (0.04$).


https://bitcoinfees.21.co/


The above applies both for a $1 tx, and a $10mn tx.... supposing one is in a rush and wants first block inclusion, otherwise its even lower.

If 0.04 fees are "settlement" layer stuff, then what are Western Union, Paypal and SWIFT fees that can be in the hundreds of dollars?

Yep, I always plan for future world domination by using utilization and price data from today. Top minds...

Well for someone who supposedly looks ahead, you aren't factoring much of the future landscape in terms of scaling solutions, pretending the current state will always be the same in the future.

[yefi]

the problem with beetcoin [sic] is [..] that you don't know if you have enough money with you to be able to get off the bus, because, unlike a bus, beetcoin [sic] doesn't ask for your fare to get on. It lets you on, but if you don't have enough change on you? Have fun riding the bus. For the rest of your life

Dynamic fees predict fare based on current demand. If demand increases in the interim from boarding to alighting, then RBF gives you the option to increase your fare. These mechanism mitigate the problem by and large.

[dumbfbrankings]

The fastest and cheapest transaction fee is currently 50 satoshis/byte, shown in green at the top.
For the median transaction size of 226 bytes, this results in a fee of 11,300 satoshis (0.04$).


https://bitcoinfees.21.co/


The above applies both for a $1 tx, and a $10mn tx.... supposing one is in a rush and wants first block inclusion, otherwise its even lower.

If 0.04 fees are "settlement" layer stuff, then what are Western Union, Paypal and SWIFT fees that can be in the hundreds of dollars?

Yep, I always plan for future world domination by using utilization and price data from today. Top minds...

Well for someone who supposedly looks ahead, you aren't factoring much of the future landscape in terms of scaling solutions, pretending the current state will always be the same in the future.

Yeah, I forgot about Segwit in April.  

[Remember a couple months ago when you would remind me how cheap it was at 25 satoshi/byte? I do.]

[Ted E. Bare]

Bitcoin Block Reward Halving Countdown:
Only 31 more days!