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Question: Next Bubble Top (resulting in a new ATH):
Will never reach a new ATH - 1 (2.9%)
$20,000-$49,999 - 9 (25.7%)
$50,000-$99,999 - 12 (34.3%)
$100,000-$149,999 - 6 (17.1%)
$150,000-$199,999 - 2 (5.7%)
$200,000-$249,999 - 2 (5.7%)
$250,000-$299,999 - 0 (0%)
$300,000-$350,000 - 0 (0%)
>$350,000 - 3 (8.6%)
Total Voters: 35

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 21498168 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (138 posts by 32 users deleted.)
BlindMayorBitcorn
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June 13, 2017, 07:53:30 PM

Quite. Block chaining all the things has gone to that other level of the game.

North Korea benefited very nicely from unleashing that ransomware recently so I'm sure there'll be a North Korean ICBM ICO soon. Token holders don't get aimed at.

I get the impression that Mr. Rodman is rather suggestible and would probably turn up to meet the Dear/Great/Eternal leader dressed as a fairy cake if you asked nicely.

I don't think he has a leather-clad grip on reality. But there's a lot of that going around, and it seems to be paying dividends.
The network tries to produce one block per 10 minutes. It does this by automatically adjusting how difficult it is to produce blocks.
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bitcrypto10101
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June 13, 2017, 09:07:12 PM



Dabs
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June 13, 2017, 09:33:39 PM

The most realistic near future scenario I've seen was in an anime called Gundam Zero, where 300 years into the future, the planet is powered by solar energy harvested from panels in low earth orbit, connected to three orbital elevators. Poor countries had to buy power by setting up microwave antennas. The robots (or mobile suits) were just for fun I guess, hehehe.

That's kinda still ... 300 years from now. I imagine just a few decades to maybe a couple hundred years, someone will just make giant floating solar panel arrays in the equator (in international waters)
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June 13, 2017, 09:42:18 PM

The most realistic near future scenario I've seen was in an anime called Gundam Zero, where 300 years into the future, the planet is powered by solar energy harvested from panels in low earth orbit, connected to three orbital elevators. Poor countries had to buy power by setting up microwave antennas. The robots (or mobile suits) were just for fun I guess, hehehe.

That's kinda still ... 300 years from now. I imagine just a few decades to maybe a couple hundred years, someone will just make giant floating solar panel arrays in the equator (in international waters)

Kardashev scale https://en.m.wikipedia.org/wiki/Kardashev_scale
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June 13, 2017, 11:06:20 PM





Well the breaking news is that Coinbase or ConBase Wink  just closed down.
Nobody can access it any longer.
Also in another happening lately is China bitcoin miners have announced they are stopping production of their ASIC.

What will happen to the price now? Embarrassed

http://www.cbsnews.com/news/digital-currency-exchange-operator-coinbase-eyes-1-billion-valuation/
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June 13, 2017, 11:09:46 PM

What will happen to the price now? Embarrassed

Absolutely nowt because that's complete and utter bollocks.

It is about time we had some new ASIC manufacturers though, but I'm not holding my breath.
jbreher
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June 13, 2017, 11:40:45 PM

Well the breaking news is that Coinbase... just closed down.
Nobody can access it any longer.

FUD. Fake ass false FUD. I just checked. Working fine.

I rather suspect the rest of your claims are bullshit as well.
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June 14, 2017, 02:43:54 AM

In the future we will be sucking our entire sun energy to mine a tiny fraction of the already existing 21 mill of bitcoins, while a fleet of mining space ships will be dumping tons of fresh infinite precious metals in the market.  Shocked

This is basically the exact opposite of what will happen.  Nobody will ever be building Dyson spheres to mine bitcoin because anyone with the power and funds to do such a thing can just as easily fork bitcoin and build a bigger buy side and you will witness bitcoin's reverse Schelling point in action.  There is no real incentive for everyone to stay on the same chain and be enslaved by whoever managed to acquire more coins than you.  Some will claim the network effect enforces this paradigm, but it obviously doesn't apply to bitcoin.

The network effect makes assumptions like infinite scalability, which bitcoin doesn't have, and that there would be some type of actual cost or roadblock in creating a competitor, but there's not.  Network effect only works for gold and silver because a normal human is incapable of fabricating a new noble metal out of thin air.  In that case it is not really network effect, more like forced convergence.
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June 14, 2017, 04:36:49 AM


Yep. It's those damned masons.

Nobody knows how to lay the stones any more... except maybe Margaret Trudeau.

Oops, I'm showing my age again. Cheesy




I get it too so I must be around your age as well.

  I still hate all those rock stars in that period for monopolising all the women and all the drugs. They were like a loose knit cartel. Perhaps I should let that hate go but I am not a quitter.

 If bitcoin had been around then just one big group simply by mentioning they were into it would have made it take off with the kids and it would be well established now. Think the Beatles and Eastern religion.
 Our current problem is that the kids are not becoming adopters - its the kids that have got into uber and airbnb and we need them into bitcoin. Not so that they boost the price but so that it becomes the thing to use.
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June 14, 2017, 04:40:37 AM
Last edit: June 14, 2017, 04:58:01 AM by DaRude

When BTC "nose dove" on decent volume ETH stopped its uptrend and traded sideways on fairly decent volume as well, which leads me to conclude that some of the capital left ETH to prop up BTC.  What do you think will happen with BTC when ETH nose dives?
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June 14, 2017, 09:24:12 AM
Last edit: June 14, 2017, 10:22:32 AM by empowering

⚡ ⚡  https://twitter.com/Bitstamp/status/874287421923483649  ⚡ ⚡ 

BlindMayorBitcorn
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June 14, 2017, 09:53:39 AM

Bitmain going ahead with private HF. Lips sealed
http://bitsonline.com/bitmain-plans-hard-fork-august/
gentlemand
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June 14, 2017, 09:56:29 AM

Bitmain going ahead with private HF. Lips sealed
http://bitsonline.com/bitmain-plans-hard-fork-august/

I am sooooo going to dump the living fuck out of that.

The best thing is that they'll be throwing money at it to prop it up so we'll get even more non Bitmaincoin than before.
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June 14, 2017, 10:11:22 AM

Bitmain going ahead with private HF. Lips sealed
http://bitsonline.com/bitmain-plans-hard-fork-august/

Instead of engaging in debate Bitcoin miner throws toys out of pram and spits  out dummy.

Article is particularly disingenuous as it fails to mention the links between Bitcoin.com, its owner and Jihan Wu
BlindMayorBitcorn
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June 14, 2017, 10:17:33 AM

Everybody wants to rule the world these days. It will also be pre-mined. Still, I guess someone will buy it.
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June 14, 2017, 10:33:15 AM

Bitmain going ahead with private HF. Lips sealed
http://bitsonline.com/bitmain-plans-hard-fork-august/

I am sooooo going to dump the living fuck out of that.

The best thing is that they'll be throwing money at it to prop it up so we'll get even more non Bitmaincoin than before.

i am really getting confused. what will happen if... and what if...? can you tell me what you will do with your stash around august 1st? cash out to fiat? sit and wait?

my little stash is more money that i have ever possesed in my life. how can i protect it?

to me this civil war is as if there is an airplane in midflight, and the wings start to get into an argument with the cockpit. wings think they can leave the airplane, cockpit thinks it is ok for the wings to leave, engines get involved and couldn´t decide which side to support so half the engines decided to follow the wings, while the other engines try to support the cockpit.

the passengers are starting their own soft fork and think they don´t really need the airplane, the crew says it is no single unified entity and that they cannot force anyone to do anything.

guys, what a clusterfuck. we are UP IN THE AIR. our airplane will crash if we do not keep it together.

new aiplanes already departed, and i am sure part of this nightmare is being orchestrated by owners of new departing airplanes....
DieJohnny
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June 14, 2017, 10:34:55 AM

Bitmain going ahead with private HF. Lips sealed
http://bitsonline.com/bitmain-plans-hard-fork-august/

I am sooooo going to dump the living fuck out of that.

The best thing is that they'll be throwing money at it to prop it up so we'll get even more non Bitmaincoin than before.

i am really getting confused. what will happen if... and what if...? can you tell me what you will do with your stash around august 1st? cash out to fiat? sit and wait?

my little stash is more money that i have ever possesed in my life. how can i protect it?

to me this civil war is as if there is an airplane in midflight, and the wings start to get into an argument with the cockpit. wings think they can leave the airplane, cockpit thinks it is ok for the wings to leave, engines get involved and couldn´t decide which side to support so half the engines decided to follow the wings, while the other engines try to support the cockpit.

the passengers are starting their own soft fork and think they don´t really need the airplane, the crew says it is no single unified entity and that they cannot force anyone to do anything.

guys, what a clusterfuck. we are UP IN THE AIR. our airplane will crash if we do not keep it together.

new aiplanes already departed, and i am sure part of this nightmare is being orchestrated by owners of new departing airplanes....

If bitcoin corrects to 1800ish, there is no safe haven because all coins are over priced by 50% minimum, in some cases 90%. Cash is the only safe haven until the pathway is clear.
BlindMayorBitcorn
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June 14, 2017, 10:40:44 AM

The Lord giveth and the Lord taketh away.
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June 14, 2017, 10:42:33 AM


i am really getting confused. what will happen if... and what if...? can you tell me what you will do with your stash around august 1st? cash out to fiat? sit and wait?

my little stash is more money that i have ever possesed in my life. how can i protect it?

I'll be staying put whatever but your only real protection is USD, EUR or whatever and very extremely definitely not USDT. Forget every single alt completely and totally.

I believe this is all still posturing. It'll heat up far more as August 1st approaches. Rationality will win out, even if a minority is left far behind. Unlimited was firmly pissed all over by everyone who wasn't paid by Bitmain. This is even more of a fucking joke than that was.

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June 14, 2017, 10:57:33 AM


i am really getting confused. what will happen if... and what if...? can you tell me what you will do with your stash around august 1st? cash out to fiat? sit and wait?

my little stash is more money that i have ever possesed in my life. how can i protect it?

I'll be staying put whatever but your only real protection is USD, EUR or whatever and very extremely definitely not USDT. Forget every single alt completely and totally.

I believe this is all still posturing. It'll heat up far more as August 1st approaches. Rationality will win out, even if a minority is left far behind. Unlimited was firmly pissed all over by everyone who wasn't paid by Bitmain. This is even more of a fucking joke than that was.



Sounds like we have a couple of interesting (and volatile) months ahead =)
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