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

[kromer]

It is going to take me months to slowly offload my B cash. Lack of liquidity is the major reason. Selling all of it as that project has no future. Using Changely and Shapeshift as well to protect my privacy. Bit of a pain but worth it to avoid KYC exit.

I'm in a similar position but I have decided to wait. I don't care for BCH long term, but I believe it will be a success in the Asian markets. The fact that the large mining pools have been mining it for less profit than they would get mining BTC indicates that they have big plans for it. I also think they are in a good position to influence the Asian buyers who do not understand so well why small blocks are a better paradigm due to language barriers. I'm waiting for a ratio of at least 0.25 BTC/BCH later this year, possibly much higher since it is likely to be manipulated with a FUD campaign.

[erre]

I think today we've hit 1% of Gold's marketcap.

188.000 mt of gold x 42.5mn per ton = 8trn usd.

You just made me a little bit sad, I think that means we need more than 100% of gold market cap to save mcafee's dick...

...i feel so ashamed I'm still not rich, I just hoped he could had been right

[BlindMayorBitcorn]

I think today we've hit 1% of Gold's marketcap.

188.000 mt of gold x 42.5mn per ton = 8trn usd.

You just made me a little bit sad, I think that means we need more than 100% of gold market cap to save mcafee's dick...

...i feel so ashamed I'm still not rich, I just hoped he could had been right

Not to rain on your parade, but iirc he was referring to bcash.

[steelboy]

I think today we've hit 1% of Gold's marketcap.

188.000 mt of gold x 42.5mn per ton = 8trn usd.

You just made me a little bit sad, I think that means we need more than 100% of gold market cap to save mcafee's dick...

...i feel so ashamed I'm still not rich, I just hoped he could had been right

Not to rain on your parade, but iirc he was referring to bcash.

Pretty sure that was a ridiculous idea made up by Cashodler

[gentlemand]

Pretty sure that was a ridiculous idea made up by Cashodler

Nope.

https://twitter.com/bitcolncash/status/892889503504883713?lang=en-gb

Crappy source but I've definitely read it elsewhere.

[JayJuanGee]

The story is that he lost 700000 XMR worth about 20500 XBT on his Apple laptop. I am not a fan of Apple and its EULA's but this has to be a record for a click on "I agree".

wtf has apple to do with it?

Probably nothing. As I recall, he had a bunch of people over and overlooked the most basic aspects of physical security. Then again, I may be misrememberating.

Not good to make fun of the misfortunes of others; however, I recall that Risto had some other drama a few years earlier, too... something about leaving his laptop in a conference room of a hotel and then the laptop went missing with thousands of bitcoins.  Isn't this a repeating theme with Risto, and if it were to happen once, then wouldn't additional security measures be taken in order to not have a similar scenario unfold a second time?

[BlindMayorBitcorn]

Pretty sure that was a ridiculous idea made up by Cashodler

Nope.

https://twitter.com/bitcolncash/status/892889503504883713?lang=en-gb

Crappy source but I've definitely read it elsewhere.

He may have made the dick statement before the forkening. I haven't exactly been keeping track.

[gentlemand]

He may have made the dick statement before the forkening. I haven't exactly been keeping track.

https://twitter.com/officialmcafee/status/887012614131372032

The wording here is a little ambiguous but if he didn't mean Bitcoin Cash I'll eat your dick. There's definitely an explicit mention in an article. I'll dig it out.

Edit - https://cointelegraph.com/news/mcafee-stakes-his-name-10-mln-on-bitcoin-split

[BlindMayorBitcorn]

How the heck is RogerCoin up ?!

Because Jimbo refuses to let go.

[BlindMayorBitcorn]

He may have made the dick statement before the forkening. I haven't exactly been keeping track.

https://twitter.com/officialmcafee/status/887012614131372032

The wording here is a little ambiguous but if he didn't mean Bitcoin Cash I'll eat your dick. There's definitely an explicit mention in an article. I'll dig it out.

Edit - https://cointelegraph.com/news/mcafee-stakes-his-name-10-mln-on-bitcoin-split

My dick is in fact a small anime girl.

So, you know. Do the needful there, too.

[jbreher]

I think today we've hit 1% of Gold's marketcap.

188.000 mt of gold x 42.5mn per ton = 8trn usd.

You just made me a little bit sad, I think that means we need more than 100% of gold market cap to save mcafee's dick...

...i feel so ashamed I'm still not rich, I just hoped he could had been right

Not to rain on your parade, but iirc he was referring to bcash.

No he wasn't - he was referring to Bitcoin Cash.

#justsayin'

[jbreher]

The story is that he lost 700000 XMR worth about 20500 XBT on his Apple laptop. I am not a fan of Apple and its EULA's but this has to be a record for a click on "I agree".

wtf has apple to do with it?

Probably nothing. As I recall, he had a bunch of people over and overlooked the most basic aspects of physical security. Then again, I may be misrememberating.

Not good to make fun of the misfortunes of others; however, I recall that Risto had some other drama a few years earlier, too... something about leaving his laptop in a conference room of a hotel and then the laptop went missing with thousands of bitcoins.  Isn't this a repeating theme with Risto, and if it were to happen once, then wouldn't additional security measures be taken in order to not have a similar scenario unfold a second time?

I think that is the incident to which I was referring. Though I think it was in the sauna at his place during an event with many invitees. I may be befuddled on the deets.

[BlindMayorBitcorn]

I think today we've hit 1% of Gold's marketcap.

188.000 mt of gold x 42.5mn per ton = 8trn usd.

You just made me a little bit sad, I think that means we need more than 100% of gold market cap to save mcafee's dick...

...i feel so ashamed I'm still not rich, I just hoped he could had been right

Not to rain on your parade, but iirc he was referring to bcash.

No he wasn't - he was referring to Bitcoin Cash.

#justsayin'

Perhaps he was referring to bgold. For a contract it isn't very specific.

[d_eddie]

How the heck is RogerCoin up ?!

It isn't, actually. It's still in the 0.120-0.135 BTC range, as yesterday and the day before.

[Ted E. Bare]

30% haircut. Wait for it.

Where is my haircut

[Ted E. Bare]

No more cheap coins!!

[Vin]

Wait for it 

[gentlemand]

My dick is in fact a small anime girl.

So, you know. Do the needful there, too.

Looks pretty tasty, but I'll have to compel my people root around in your knickers for any other sweetmeats too. Anyway, you're off the hook this time.

[JimboToronto]

[JayJuanGee]

Can someone Tell me for bitcoins sake!!!

Whats happening with the price  
Above $5000 Damn were going up! New ath on kraken And keeps going

Sure, nothing is guaranteed, even though there seems to be decent ongoing upwards price momentum and upwards price pressures.

I'm kind of thinking that we have decent odds to get into the $5400 to $6400 range within this particular upwards run (and possibly within the coming week, if not the weekend) - but a major and significant price correction could happen at any time and end up forestalling such anticipated price range for a month or longer. 

I doubt that anyone really knows, except perhaps some whales who have a pretty decent idea regarding how much coin or fiat they hold and are willing to spend at these price points. 

For example, there could be some bear that is willing to dump 50k or more coins across exchanges - and whether that would be enough to get others to follow in such a dump is a question of not knowing - and that bear (or bears) could have more coins that they are willing to dump in order to get their way to attempt to stagnate or to reverse the ongoing upwards price pressures.. but at this point, it seems like such bear would be fighting what appears to be "the trend.".. the trend is your friend, the trend is your friend... ...