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

[marcus_of_augustus]

...and yeah, govvy shills are gonna try and pump regulated exchanges hard around about now ... like Lehman Brothers, Bear Stearns, Jon Corzine MF Global all regulated by CFTC ... lovely stuff, if they can;t trace you they'll hunt you down and rip you off using criminal tactics "whatever it takes" to enforce the monetary tyranny

[empowering]

Decentralised exchanges please... (and yes I know Bitsquare)

[aminorex]

Monkey thinks BTC turns down again in about an hour.  He does not think the dumps are over, by any means.  But he does tend to lag on that issue, historically. https://www.youtube.com/watch?v=8XpZ8mKlS-c

Wrong.  But monkey is still leaning slightly bearish, with resistance at 605, support at 440, for the overnight.

[marcus_of_augustus]

Monkey thinks BTC turns down again in about an hour.  He does not think the dumps are over, by any means.  But he does tend to lag on that issue, historically. https://www.youtube.com/watch?v=8XpZ8mKlS-c

Wrong.  But monkey is still leaning slightly bearish, with resistance at 605, support at 440, for the overnight.

[medevlo]

And up we goooooo...
almost to $570..
come on you bloody bastard ... SKY!

[empowering]

Monkey thinks BTC turns down again in about an hour.  He does not think the dumps are over, by any means.  But he does tend to lag on that issue, historically. https://www.youtube.com/watch?v=8XpZ8mKlS-c

Wrong.  But monkey is still leaning slightly bearish, with resistance at 605, support at 440, for the overnight.

[marcus_of_augustus]

  ... too funny.

In all seriousness, we have had some progress:

MyBitcoin was an excel spreadsheet on some anonymous guys laptop
Mt. Gox was a web based exchange written in PHP by some tubby french guy bouncing on a Swiss ball nursing a frappucino
Bitfinex was web based exchange written in Ruby by some HK hedge fund wannabes

... continuing on this evolutionary arc next we'll have the new 'biggest' bitcoin Javascript-based exchange blow-up, then a java-based exchange, one day some real coders and security guys will decide to start an trustless, dark exchange because the financial shilly types, lawyers, regulator parasites and govvy agents have been run out of town with bigger problems (of the lamposts and nooses type)

[empowering]

... too funny.

In all seriousness, we have had some progress:

MyBitcoin was an excel spreadsheet on some anonymous guys laptop
Mt. Gox was a web based exchange written in PHP
Bitfinex was web based exchange written in Ruby

... continuing on this evolutionary arc next we'll have the new 'biggest' bitcoin Javascript-based exchange blow-up, then a java-based exchange, one day some real coders and security guys will decide to start an trustless, dark exchange because the financial shilly types, lawyers, regulator parasites and govvy agents have been run out of town with bigger problems (of the lamposts and nooses type)

(don't forget the pitch forks, and of course the classic of drowning bankers in the nearest river)

[ImI]

Monkey thinks BTC turns down again in about an hour.  He does not think the dumps are over, by any means.  But he does tend to lag on that issue, historically. https://www.youtube.com/watch?v=8XpZ8mKlS-c

Wrong.  But monkey is still leaning slightly bearish, with resistance at 605, support at 440, for the overnight.

Monkey thinks we will go straight to $1000 from here, just like the Silkroad-event in Aug/Sep 2013.

[medevlo]

... too funny.

In all seriousness, we have had some progress:

MyBitcoin was an excel spreadsheet on some anonymous guys laptop
Mt. Gox was a web based exchange written in PHP
Bitfinex was web based exchange written in Ruby

... continuing on this evolutionary arc next we'll have the new 'biggest' bitcoin Javascript-based exchange blow-up, then a java-based exchange, one day some real coders and security guys will decide to start an trustless, dark exchange because the financial shilly types, lawyers, regulator parasites and govvy agents have been run out of town with bigger problems (of the lamposts and nooses type)

What is coinbase run on? I can see them the next one too fail.
As the book title's written: Not too big to fail  

[JayJuanGee]

amazing how bitcoin took that bitfinex 60M dollar 120k coin hack like it was nada .. stroll through the park for bitcoin... didn't even phase it.. we are at a whole new era of bitcoin! it doesn't matter what happens, bitcoin is power!.. bring on the hackers, we are the badasses . everyone pile in.. moonshot! .. the train is going to leave the station.. we are all going to be buying boats soon! we are #1... if u aint in bitcoin, u are gimped.

Look the goofball, gimpyAztec is back, and hopefully learning that our little friend bitcoin is a bit more resilient than some of us had anticipated, but gimpyAz is not going to give up in his tenacious attempts to predict $300 coins - maybe along with his boyfriend, BJA - who shorted at $280 and then shorted again at $380... Only time you see them back is when there is some kind of outside possibility that bitcoin HODLers may be fearful enough to sell against their interests.

[AlexGR]

And up we goooooo...
almost to $570..
come on you bloody bastard ... SKY!

As I said, you can't expect a 70mn hack to sustain a marketcap suppression of 2 billion+. It's not reasonable and it's not sustainable.

If it was reasonable, the entire ETH marketcap should have been zeroed out after the DAO hack (similar size hack yet at a coin of 1/10th marketcap).

[Searing]

And up we goooooo...
almost to $570..
come on you bloody bastard ... SKY!

As I said, you can't expect a 70mn hack to sustain a marketcap suppression of 2 billion+. It's not reasonable and it's not sustainable.

If it was reasonable, the entire ETH marketcap should have been zeroed out after the DAO hack (similar size hack yet at a coin of 1/10th marketcap).

Well sorry to say I'm waiting for the other shoe to fall....the Chinese miners saying they are gonna fork ....nothing from the meeting to me means nothing was fixed
of this last year go around on block size...thus FORK (fml)

wait for it......

[empowering]

Grumpy? How is "Never a dull moment " grumpy? You're like unscary clowns, I totally enjoy your wacky shenanigans!

It was more your outrageous petulant and over the top outburst "Got nothing again? Good!"  

Deary deary me... I do not know, I think your blood sugar might be low, you get tetchy when your blood sugar gets low... is it that weird diet of yours?

Anyway you were telling us all a bedtime story about banning all of the exchanges... I was enjoying it... hence my kind words of encouragement, to which you so violently objected... but please do go on...

(somebody stop me)

 

[marcus_of_augustus]

Now this... This is premium petulance plus. Platinum!

[BlindMayorBitcorn]

I heard today a jury watching an accident playback in slow-motion is significantly more likely to lead to a conviction. I didn't read the article (obviously) but I guess it's all psychological.  

[AlexGR]

And up we goooooo...
almost to $570..
come on you bloody bastard ... SKY!

As I said, you can't expect a 70mn hack to sustain a marketcap suppression of 2 billion+. It's not reasonable and it's not sustainable.

If it was reasonable, the entire ETH marketcap should have been zeroed out after the DAO hack (similar size hack yet at a coin of 1/10th marketcap).

Well sorry to say I'm waiting for the other shoe to fall....the Chinese miners saying they are gonna fork ....nothing from the meeting to me means nothing was fixed
of this last year go around on block size...thus FORK (fml)

wait for it......

https://bitcoinfees.21.co/

In the last 24hrs, 54.000 txs were confirmed while paying 1-20 satoshi/byte... This doesn't happen when you have capacity issues. They wouldn't even get processed due to fee competition.

[empowering]

Grumpy? How is "Never a dull moment " grumpy? You're like unscary clowns, I totally enjoy your wacky shenanigans!

It was more your outrageous petulant and over the top outburst "Still got nothing? Good!"  

You misunderstood me, Friend. Simply a mundane fact, something to check off from a list, like "Loaf of shitty bread? check; giant can of Ravioli? yup; empowering got nothing again? Good, good."

... yeah, that's not a big surprise, people don't get like you notlambchop by hanging out with sane people.

Now this... This is premium petulance plus. Platinum!

I understood you the first time, you just seem grumpy lambie, I was just looking out for you and giving you some encouragement.. as I said I was enjoying your (very insightful) bedtime story... I was hoping for more from the beautiful mind of yours... c'mon, tell us about some new thoughts you have been having lately, weave them into a witty lyrical bedtime story for all of us weary beaten Bitcoiners..

(also, crappy bread and ravioli is not going to help your blood sugar levels very much, and not a great addition to your weird diet I am sure, but you know, work on it, it will help you stay more even, y'know mood wise. Plus we have all been talking and you pull some serious hours on here so, you know, please look after yourself Lambie, we would all miss you if you had a heart attack or fell into a diabetic coma, or fell down the stairs because you were light headed with all that genius of yours combined with that shiddy diet)

 Anyway I believe it is past my bedtime, all of our bedtimes Lambie.

[AlexGR]

... too funny.

In all seriousness, we have had some progress:

MyBitcoin was an excel spreadsheet on some anonymous guys laptop
Mt. Gox was a web based exchange written in PHP by some tubby french guy bouncing on a Swiss ball nursing a frappucino
Bitfinex was web based exchange written in Ruby by some HK hedge fund wannabes

... continuing on this evolutionary arc next we'll have the new 'biggest' bitcoin Javascript-based exchange blow-up, then a java-based exchange, one day some real coders and security guys will decide to start an trustless, dark exchange because the financial shilly types, lawyers, regulator parasites and govvy agents have been run out of town with bigger problems (of the lamposts and nooses type)

Next thing you know, the safest exchange will be a human operated one. All deposits and withdrawals checked by human operators, one-by-one. Zero chance of hacking without a human being complicit. I'd offer that service with a fee attached (1$ for standard processing time - which could take hours, 5-10$ for ultra fast processing - which could take a few minutes). No more monies flying out of wallets by themselves while nobody notices. At least now we'll know for sure it's an inside job

[Paashaas]

Hedge Fund Expert: Bitfinex Hack Shouldn’t Deter Big Investors.

he would not recommend bitcoin to his institutional clients simply because “we don’t see the interest there yet.” However, he also said that the interest “will come” in the future.

Regardless of when institutional players will start seriously investing in bitcoin, whether it be 6 to 9 months or longer, both experts agree that bitcoin was not to blame for the hack at Bitfinex. Factors that will influence institutional investing in bitcoin are based on fundamental factors such as the demand to hold bitcoin as an uncorrelated asset in portfolios

https://news.bitcoin.com/bitfinex-hack-bitcoin-investors/