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

[DARKHOLDER]

The only way I would get married is some sort of tax break or if I'm in the old age home and they give me a special dessert with my dinner when you get married.

Why would you live in an old age home when you could afford to hire and fire your own caregivers?

Enjoy life. Meet new people. Travel.

Be the boss, not an inmate.

Marriage is a great institution, if you want to live in an institution. I'm too old for that.

Like a boss So where btc go? up to 4000$?

[DARKHOLDER]

It seems that the Saturday pump group is desperately trying to reach 4k price before dumping again to 2k and below. They spent all their 10% profit to recover the price fall from yesterday, so they are hoping the naiive traders to make them a gift for another 10% increase. Anyway, the incoming contentious HF on 1 Nov is not the same as BCH split. Wu just admitted he wants an altcoin and the community was ok with that. This time each party will claim that 2x and core are the legacy bitcoin. But there is place for only one king of the cryptocurency! If we have 2 kings we can't expect the upward price trend to continue anymore. More likely, the 2 new bitcoins will share the fate of BCH trading from 100$ to 1000$ then back to 300$ each.

Bro 2K?? Wth r u smokin?? Maybe You want to say 3k after 4k? 2k would be minus 50%...no so low did not expect 

[Arriemoller]

So I'm heading off to thailand fully paid for by the free coins tomorrow, and I need a new suitcase. I'm thinking pink for easy visibility, but maybe an ugly yellow would work too. Thoughts?

How about an ugly red and white?

[kurious]

Brexit bollocks

I thought decentralization was good?

Which part of being ruled solely by a corrupt and incompetent government that's set on doing away with human rights in a move that's going to destroy trade relations and prevent free movement of its own citizens do you consider "decentralization"?  

Is a Bitcoin miner mining alone in a prison cell with a brutal prison guard, on a processor taken from a Commodore 64 and with no internet connection a more decentralized solution than the whole rest of the Bitcoin network?

wow, poisoning the well and a straw man in one sentence

I doubt there is any utility in further engagement on this topic

Oh I'm sorry, I hadn't realised from your flippant remark that you were interested in discussing Brexit. That's why I used an analogy to get my points across quicker about why Brexit is a complete clusterfuck. My analogy may not have been perfect but that isn't the same as a straw man, neither does it invalidate my points. It's a very worrying time for those of us who live in Europe since our whole future is on the line and the UK has so far refused to collaborate with the EU to guarantee our rights in our now home countries.

Decentralisation might be good when it comes to money but when it comes to countries leaving the EU, that's actually more like auto-isolation, severing ties with the outside world. And no less centralised because the UK will now be ruled by one bastard government that cannot be trusted, instead of having the other 27 countries of the EU to moderate.

Unfortunately many British voters on 23rd June last year just cried "Yay, independence!  Sovereignty!" And yes some probably also cried "Yay, decentralisation!" Without thinking through the implications and consequences. And that's how we're in this mess in the first place.

Yes. They were lied to.  There should never have been a referendum, it was only to neutralise the Ukip threat to the Tories.  Cameron expected another coalition with the Liberals and that they would veto the referendum anyway.  Then he assumed he would of course win it.  Then Boris and Gove et al simply lied and played the debating game, along with the race card.  Massive, catastrophic fail.

UK shamed, out and alone. The best example of a relative multicultural success that is the wonderful city of London will lose its preeminent shine.

The decision to leave Europe is a disaster by any measure I have seen and we haven't even actually left yet.

[Last of the V8s]

if you haven't recovered from your socialist indoctrination, fine, it takes time, and we all do it at different rates
but can we stop with the reactionary statist claptrap, guys; it's vomitorious ffs in a bitcoin thread.
bitcoin is about creating sovereign individuals not sovereign states
you can't be fine with undoing central banks but somehow not fine with undoing central governments

[empowering]

It seems that the Saturday pump group is desperately trying to reach 4k price before dumping again to 2k and below. They spent all their 10% profit to recover the price fall from yesterday, so they are hoping the naiive traders to make them a gift for another 10% increase. Anyway, the incoming contentious HF on 1 Nov is not the same as BCH split. Wu just admitted he wants an altcoin and the community was ok with that. This time each party will claim that 2x and core are the legacy bitcoin. But there is place for only one king of the cryptocurency! If we have 2 kings we can't expect the upward price trend to continue anymore. More likely, the 2 new bitcoins will share the fate of BCH trading from 100$ to 1000$ then back to 300$ each.

Each party can claim.... but only one will have the majority hash power -I think the value will follow the chain with the most- which will be the Segwitx2 chain from the looks of things at the moment......

 ....game of chicken.

(most users it seems ,prefer to err on the side of caution - and simply opt to keep both /all three coins anyways- so for users and hodlrs its not much of an issue... for the pesky bitcoiners trying to one up their comrades in this zero sum game with aggressive trading to accumulate  more coins... it is more of a problem... I expect the exchanges to be less accommodating this time...though we shall see) ...oh and of course it is a problem for Core


ps- I am not a fan of this fork trend-  fork away- its grand and all that- but get yer own feckin logo and name... but its OUR name- no its OURS!! Grrrrr which part of "$50 Billion dollars" and "the world is watching" does not compute for these clowns?

pps- I don't really think that, I am just grouchy AF today..

[bitebits]

Disclosure: I am googling serious security options. And getting a little paranoid.

Use startpage.com instead.

[patrisorvieto]

So I'm heading off to thailand fully paid for by the free coins tomorrow, and I need a new suitcase. I'm thinking pink for easy visibility, but maybe an ugly yellow would work too. Thoughts?

I did a week in Thailand a few months ago. Great time, beautiful women. Cheap prices. You start to decide whether you want a nicer hotel for $45 or just go with a regular one for $25. Went to one of the islands and spent $200/night on a 5 star luxury hotel with a stairway to the pool right off of my patio on the ocean (sea?).

I plan on retiring in January and will go live there. Got a beautiful gf out of the deal as well.

Which island, which hotel?

The Chill Resort, Koh Chang.
http://www.thechillresort.com/home/

I highly recommend it.

You can book it on expedia with bitcoins

Nice choice man!!

I ran with the motorbike in the Koh Chang hills, the view, the sun, the sea... definitely one of the happiest and carefree moment in my life.

My plan is to move in Koh Chang when I'll be ready

Ejoy man!

p.s.
I lived over 2 years in Thailand, I have a Thai wife (best choice of my life) and I spent a lot of time in Koh Chang, so if you want any information about my experience be free to contact me by PM

[empowering]

Disclosure: I am googling serious security options. And getting a little paranoid.

Use startpage.com instead.

I just clicked your malicious link and now all of my Bitcoins are gone !!!  WTF??!!

Pesky Bitcoiners!!   

[empowering]

So I'm heading off to thailand fully paid for by the free coins tomorrow, and I need a new suitcase. I'm thinking pink for easy visibility, but maybe an ugly yellow would work too. Thoughts?

I did a week in Thailand a few months ago. Great time, beautiful women. Cheap prices. You start to decide whether you want a nicer hotel for $45 or just go with a regular one for $25. Went to one of the islands and spent $200/night on a 5 star luxury hotel with a stairway to the pool right off of my patio on the ocean (sea?).

I plan on retiring in January and will go live there. Got a beautiful gf out of the deal as well.

Which island, which hotel?

The Chill Resort, Koh Chang.
http://www.thechillresort.com/home/

I highly recommend it.

You can book it on expedia with bitcoins

Nice choice man!!

I ran with the motorbike in the Koh Chang hills, the view, the sun, the sea... definitely one of the happiest and carefree moment in my life.

My plan is to move in Koh Chang when I'll be ready

Ejoy man!

p.s.
I lived over 2 years in Thailand, I have a Thai wife (best choice of my life) and I spent a lot of time in Koh Chang, so if you want any information about my experience be free to contact me by PM

I have got a lot of time for Thailand

[YourMother]

"This time, the bitcoin mania, which has dwarfed even the Tulip Bulb lunacy, should become the posterchild graduate school case study for not only finance, but also psychology, sociology, and perhaps other disciplines. Ironically, for lacking discipline!

I love when these idiots are comparing a technology that will forever change for the better the future of payments/decentralization/governance/ and data...

     with a stupid fucking plant.


These types of idiots and their followers deserve to be broke and sad until their final breaths on Earth.

[bitebits]

[...]
I systematically sell about 1% of my holdings for every 10% rise in price, and I buy back in similar amounts.

I have been employing my system since about $250 all the way up to current prices $3450 [...]

You should for all newbies make a disclaimer that your 'system' requires you to have your bitcoins at a third party exchange. And as you know by personal experience (Bitfinex, BTC-e) it is very likely you eventually lose those bitcoins 'stored' on an exchange (hacked, human error, government seizure, inside job, etc etc). Not even mentioning the Bitcoin Cash you have not received by not owning the bitcoin private keys.

[Heater]

The Chill Resort, Koh Chang.
http://www.thechillresort.com/home/

I highly recommend it.

You can book it on expedia with bitcoins

This looks really nice.
I think I'll go there when we hit 10k to celebrate.

[Starving_Marvin]

Seriously guys, WTF is a NEO ?

According to the Shitcoin Gazette:

NEO has recently gained some notoriety due to its collaboration with Chinese certificate authorities to map real-world assets using its smart contract technology. NEO has also signed partnership agreements with several startup companies.

¯\_(ツ)_/¯

Formerly known as AntShares. I don't understand why they changed their name. And the new logo is ugly.
But otherwise the tech seems interesting. A bit like the Chinese version of ETH whereas XEM is the Japanese version of ETH. I.E. All of them have the ability to do "smart contracts" but at least XEM has an API (application platform interface) that is able to use (or compatible with) many other coding languages unlike Etherium, which uses only a single programming language in their API. I'm not sure about NEO but anyways if you hodl NEO in your wallet, you get GAS, which is equivalent to ETH on the Ethereum blockchain.

[Ibian]

[...]
I systematically sell about 1% of my holdings for every 10% rise in price, and I buy back in similar amounts.

I have been employing my system since about $250 all the way up to current prices $3450 [...]

You should for all newbies make a disclaimer that your 'system' requires you to have your bitcoins at a third party exchange. And as you know by personal experience (Bitfinex, BTC-e) it is very likely you eventually lose those bitcoins 'stored' on an exchange (hacked, human error, government seizure, inside job, etc etc). Not even mentioning the Bitcoin Cash you have not received by not owning the bitcoin private keys.

Localbitcoin is an option.

[kurious]

Disclosure: I am googling serious security options. And getting a little paranoid.

Use startpage.com instead.

Thanks. I tend to use different laptops for general browing / email 'normal' stuff and keep clean macs for crypto.  One for BTC and one for 'other coins' useful when rinsing out the BCC from old cleared paper wallets and keeping the BCC stuff away from my BTC core wallet (which I only use for in and out and back into cold storage)

I tried DuckDuckGo a while back - is startpage better?

[bitserve]

Anyone else still having active lendings from end of July at the crazy rates those days?

I only left there a fraction of a BTC that I wouldn't care to withdraw so I decided to lend it. 11 days later I have had a ROI of more than 20% (2% daily). The lend is for 60 days, but the borrower could cancel any time.

Why would someone do that? If he keeps the lend until the end of the period I will make 120% on it. What is that, someone marging shorting BTC until he gets liquidated? (if not for the price increase for the huge lending interest).

Unfortunately it was a very small amount but... still... Anyone still having some active lends at crazy rates for a significant amount of BTC?

[empowering]

Seriously guys, WTF is a NEO ?

According to the Shitcoin Gazette:

NEO has recently gained some notoriety due to its collaboration with Chinese certificate authorities to map real-world assets using its smart contract technology. NEO has also signed partnership agreements with several startup companies.

¯\_(ツ)_/¯

Formerly known as AntShares. I don't understand why they changed their name. And the new logo is ugly.
But otherwise the tech seems interesting. A bit like the Chinese version of ETH whereas XEM is the Japanese version of ETH. I.E. All of them have the ability to do "smart contracts" but at least XEM has an API (application platform interface) that is able to use (or compatible with) many other coding languages unlike Etherium, which uses only a single programming language in their API. I'm not sure about NEO but anyways if you hodl NEO in your wallet, you get GAS, which is equivalent to ETH on the Ethereum blockchain.

Da Hongfei seems solid  - no comparisons being offered (and after all we  do invest in people)

NEO is quantum resistant and has a scaling solution (sharding) waiting to go.

Microsoft involvement, with listing real world assets- several other interesting collaborations -  inlcuding with OnChain which is a private Blockchain/company which is owned by Da Hongfei &  partners, and is VERY VERY VERY well connected.  Also  as well as the Neo  Chain and On Chain there is the Law Chain/Identity Chain, which  the gubermint are on board with- also BFT Blockchain  is compliant with the good folks in the guberment.

They are building fiat on and off ramps- one  will be  able to store fiat  on chain, and take fees and charges in fiat.

The Chinese love to  back their own.

Also of interest is  the GAS you get paid- you get paid for bookkeeping activities per a fixed reward - however there are also going to be fees chargable
for creating and executing smart contracts. (effectively you become a share holder of Neo Chain and share in all ongoing  profits generated by activites on the chain , and not just the fixed  "block rewards" )

It looks like they will enter some interesting markets, ICO's Invoice factoring for not  just SME's  but also some bigger players (I can see OnChain linking them with Alibaba further in the future)

I have been singing its praises since around $1 - I am locked  and loaded- and will  continue to acquire more.

These guys impressed me - take it as a shill or take it as information- up to you.

This coin is going to number 2 IMO - been saying so for months.


(Ps this is a bit of a corp /guberment friendly coin- I make no moral statements regarding this- I just think it has success written all over it in giant red marker pen... from an investment/trading point of view)

[kurious]

if you haven't recovered from your socialist indoctrination, fine, it takes time, and we all do it at different rates
but can we stop with the reactionary statist claptrap, guys; it's vomitorious ffs in a bitcoin thread.
bitcoin is about creating sovereign individuals not sovereign states
you can't be fine with undoing central banks but somehow not fine with undoing central governments

You can assume I am an indoctrinated socialist if you wish, but you'd be wrong - and I am far from a reactionary statist, I have never worked for anyone but myself, so I am about as 'sovereign' as I can be. 

We all have our opinions on this and you are of course are entitled to yours, but I don't see why you think I should approve of Brexit just because I am long term supporter of BTC.  BTC doesn't care is you're a swivel-eyed fascist, or a fucking saint.  Actually GBP crashing down to a multi-decade low has at least meant my BTC are worth more in GBP and I will be personally fine whatever happens - but then I would either way. 

However, for my particular city (which voted overwhelmingly against Brexit), for my business and for my staff, it's not good news at all and I am just speaking of what I know, as I find it. That's all. 

[FractalUniverse]

Anyone else still having active lendings from end of July at the crazy rates those days?

I only left there a fraction of a BTC that I wouldn't care to withdraw so I decided to lend it. 11 days later I have had a ROI of more than 20% (2% daily). The lend is for 60 days, but the borrower could cancel any time.

Why would someone do that? If he keeps the lend until the end of the period I will make 120% on it. What is that, someone marging shorting BTC until he gets liquidated? (if not for the price increase for the huge lending interest).

Unfortunately it was a very small amount but... still... Anyone still having some active lends at crazy rates for a significant amount of BTC?

maybe its just small part of his margin loan, so he didnt notice.
rate i can lend on finex atm is just 0.02-0.03 (?) not worth it. You are lucky