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Question: When will BTC get back above $70K:
7/14 - 0 (0%)
7/21 - 1 (0.8%)
7/28 - 11 (9.1%)
8/4 - 16 (13.2%)
8/11 - 7 (5.8%)
8/18 - 6 (5%)
8/25 - 8 (6.6%)
After August - 72 (59.5%)
Total Voters: 121

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26485273 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. (174 posts by 3 users with 9 merit deleted.)
Torque
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November 03, 2017, 09:36:36 PM

How much do accounts like ours go for, anyway? Surely he has a max price in mind.

I dunno, his PM just said "Name your price." I didn't reply, and don't plan to.
jojo69
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November 03, 2017, 09:38:33 PM


Further, you realize that the 8MB 'limit' is merely a setting, right?

yeah, so y'all flip a bit and all of a sudden I'm building an addition on my house to house the 19" racks to store a 1GB block every 10 minutes...hell, that's only 52.56PB a year, what could possibly go wrong?
vroom
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November 03, 2017, 09:39:50 PM

How much do accounts like ours go for, anyway? Surely he has a max price in mind.

I dunno, his PM just said "Name your price." I didn't reply, and don't plan to.

Torque is not a hooker  Smiley
jojo69
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November 03, 2017, 09:45:50 PM

TORQUE!!!

<bro fist> Sorry, was away for awhile tending to some things.  Smiley

Btw this is unrelated to my going dark, but for years I had heard the rumors of certain Legendary users being approached by other anonymous users with offers to sell their accounts to them. And even rumors that some had taken them up on it.

Well... it's now happened to me too. "Name your price", he said. I find it all amusing. Just know that I am a person of integrity and would never do something like that, no matter what the offer was. Anyone who wants to buy your account intends to impersonate you and do bad things with it.  No thanks.

I really don't know why I got so worried.  I fully expect that you are well able to fend for yourself, so I apologize for having any doubts.

The $5 wrench has been looming ever larger in my thoughts as the sums involved become ever more motivating.

I think it may be near time for some of us to reevaluate our personal security arrangements.
Ibian
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November 03, 2017, 09:46:48 PM

How much do accounts like ours go for, anyway? Surely he has a max price in mind.

I dunno, his PM just said "Name your price." I didn't reply, and don't plan to.

Torque is not a hooker  Smiley
Guy wanted to buy him, not rent him.
AlcoHoDL
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November 03, 2017, 09:47:03 PM


Further, you realize that the 8MB 'limit' is merely a setting, right?

yeah, so y'all flip a bit and all of a sudden I'm building an addition on my house to house the 19" racks to store a 1GB block every 10 minutes...hell, that's only 52.56PB a year, what could possibly go wrong?

That's 52.56 TB, not PB, and it's not that large, considering the advances in technology. Currently it's only six 10 TB HDDs. Soon it will be just a single (and relatively cheap) HDD.
jojo69
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November 03, 2017, 09:51:21 PM

ooooh, my bad, yeah 52,560GB

still, I'm not at all sure what my connectivity provider is going to say about 6GB/hour

and god forbid you get a corrupted sync and have to redownload, takes me like 3 days now
Ibian
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November 03, 2017, 09:52:54 PM

TORQUE!!!

<bro fist> Sorry, was away for awhile tending to some things.  Smiley

Btw this is unrelated to my going dark, but for years I had heard the rumors of certain Legendary users being approached by other anonymous users with offers to sell their accounts to them. And even rumors that some had taken them up on it.

Well... it's now happened to me too. "Name your price", he said. I find it all amusing. Just know that I am a person of integrity and would never do something like that, no matter what the offer was. Anyone who wants to buy your account intends to impersonate you and do bad things with it.  No thanks.

I really don't know why I got so worried.  I fully expect that you are well able to fend for yourself, so I apologize for having any doubts.

The $5 wrench has been looming ever larger in my thoughts as the sums involved become ever more motivating.

I think it may be near time for some of us to reevaluate our personal security arrangements.
Money is really not as dangerous as a lot of people think.
preshpresh
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November 03, 2017, 09:53:00 PM


Trouble is if your account is hacked you need to come back as a newbie. I am one of many even though i could prove ownership of my original account through bitcoin signing the admins didn’t even rrspond once to my many inquiries.

That is troubling. Had you previously registered a Bitcoin addy with your profile, from which you could sign a statement? And if so, did the mods just ignore ?

Yep. Not a peep from Theymos or Cyrus.
This was the link I sent to them
https://bitcointalk.org/index.php?topic=996318.msg21177226#msg21177226
And the message I sent them was signed with the same BTC address.
Go figure?

welcome to the club.. i´m another ignored hacked account, ex-hero member

ditto.

hacked legendary - edgar account

verified and ignored by both theymos & cyrus.

twice.

the hacker/new owner wants paying upfront to return it but i cant risk losing more money over a pretty much pointless account.

Ibian
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November 03, 2017, 09:55:47 PM


Trouble is if your account is hacked you need to come back as a newbie. I am one of many even though i could prove ownership of my original account through bitcoin signing the admins didn’t even rrspond once to my many inquiries.

That is troubling. Had you previously registered a Bitcoin addy with your profile, from which you could sign a statement? And if so, did the mods just ignore ?

Yep. Not a peep from Theymos or Cyrus.
This was the link I sent to them
https://bitcointalk.org/index.php?topic=996318.msg21177226#msg21177226
And the message I sent them was signed with the same BTC address.
Go figure?

welcome to the club.. i´m another ignored hacked account, ex-hero member

ditto.

hacked legendary - edgar account

verified and ignored by both theymos & cyrus.

twice.

the hacker/new owner wants paying upfront to return it but i cant risk losing more money over a pretty much pointless account.


What are they asking?
ivomm
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November 03, 2017, 10:03:18 PM

Clearly Jihan Wu, Rojer Ver (and friends) are combining their efforts to bring bitcoin down and pump BCH. They use any gap on the bitfinex bids to hammer the price by spending thousands of bitcoins. I am afraid that the 'free money' from the fork will come with severe attacks from this gang of morons. They will use the time of uncertainty to hammer bitcoin as hard as possible, with the hope to force the users to accept 2X as bitcoin.
ssmc2
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November 03, 2017, 10:05:28 PM

So is the general consensus that everyone's going to dump their s2x coins asap?
jojo69
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November 03, 2017, 10:25:42 PM

So is the general consensus that everyone's going to dump their s2x coins asap?

I don't know about "general consensus"

To get at my keys I'd have to travel to Antarctica, dig down through 40M of ice, disarm the traps (non trivial undertaking even knowing how they are set up) cut open the welded shut vault and then defrost the Pentium 3 inside.

Just too much trouble.
FractalUniverse
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November 03, 2017, 10:31:25 PM

So is the general consensus that everyone's going to dump their s2x coins asap?
As I see it now, I will have to dump both, just in case Embarrassed
jbreher
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November 03, 2017, 10:44:30 PM

Yeah, when Satoshi designed Bitcoin he was definitely thinking "It should be slow, flaky, >95% mining centralized, hashrate all over the place, blocks that take hours, no merchant support, no broker support, cannot be purchased directly, >50% of all trading on one shady Korean exchange, etc. etc."

I doubt Satoshi was thinking that. Yes, I realize you were /s-ing. However, that which you list cannot properly be ascribed to BCH.

Quote
There are literally shit altcoins that are way better in function than BCH.

You speak with such authority. Yet you seem to have a different impression than others I know. Serious question: how much actual experience do you have with BCH? Is your voluminous experience recent? Is it possible thou doth not knoweth that of which thou speaketh?



for years I had heard the rumors of certain Legendary users being approached by other anonymous users with offers to sell their accounts to them. And even rumors that some had taken them up on it.

Well... it's now happened to me too. "Name your price", he said. I find it all amusing. Just know that I am a person of integrity and would never do something like that, no matter what the offer was. Anyone who wants to buy your account intends to impersonate you and do bad things with it.  No thanks.

Good on ya, mate. We've had our disagreements, but I never have had cause to question your principles.



ooooh, my bad, yeah 52,560GB

still, I'm not at all sure what my connectivity provider is going to say about 6GB/hour

Whatevs, it'll be less of a problem tomorrow than it was yesterday.

Nevermind the fact that each addtional 264 bytes is another actual usage of Bitcoin.

Quote
and god forbid you get a corrupted sync and have to redownload, takes me like 3 days now

My gawd man - have you never heard of backups?



So is the general consensus that everyone's going to dump their s2x coins asap?

No.

I prefer BCH to S2X. And I prefer S2X to S1X. But quite frankly, I don't know how the forkathon will conclude. While I believe in BCH's long term prospects, it may be a bumpy ride. Then again, its the only one of the three that can make it through a sudden hashrate drop.



And Bitcoin Gold/GPU can fuck right off.



As I see it now, I will have to dump both, just in case

And miss out on the victor skyrocketing?

Oh well, it's your money, man.
JayJuanGee
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November 03, 2017, 10:52:43 PM

I just saw that the house I sold last year for $260k is now on the market for $325k.     Cry

That guy sure did invest wisely.

All I got out of it was a couple hundred BTC at $650 each.
If you sold your house for a couple hundred BTC, you surely made a better deal than the actual owner reselling it for 325k.

But I can't understand how you made only a couple hundred if you sold for 260k when btc was at 650$... you should have made double...

Maybe he had a mortgage to clear?

Yep. Fortunately I had a lot of equity.

It was obviously a damn good move; fortune favours the brave.  


Sure sometimes taking risks like these can pay off... but they could also go very badly, too.

So yeah, I recall that he did this major purchase of BTC right around the time of a subsequent crash (might have been the bitfinex matter?), but there was a bit of uncertainty for a while and even thought that he may have risked too much..

But sure, even with the Bitfinex matter, there still did remain considerable bullishness in the air that subsequently played out.. so in that regards good move.

As Elwar also states, he subsequently cashed out about half of his acquired BTC stash for some kind of annuity.. which might have been a bit too conservative.. so yeah, he seemed to have moved from some action that was a bit too risky and then into one that was a bit too conservative - yet it still could be the case that half of a stash is good enough, especially if we get some more decent bullish performance....   And, yeah nothing is really guaranteed in bitcoin, and it is surely possible that this could be the top.. but I am thinking that even if we get a bit of a correction now, that we are going to have at least one more pump before the mid-November fork.. then from there we have to see how the fork plays out... In spite of seemingly credible disruption threats, I am lacking a certain amount of confidence that the small renegaders are really going to be able to garner over much network to their side and to kill the golden goose, as they seem to want to do (or at least making such an appearance).. so anyhow, I am thinking that there are decent chances that this whole nutjob forkening matter will resolve in favor of the real bitcoin.. which is our current legacy chain that is currently composed of 1x and segwit.. .as our consensus mechanisms that will go on to conquer the day... which will be bullish.. but it could take a bit of time (a few days and perhaps in a worse case scenario several weeks) to be clear about that being the outcome. 

A very very worse case scenario would be that 2x garners network support and becomes the new bitcoin, but in spite of a bunch of threatening propaganda, it remains my view (at least as I type) that that outcome seems less than 5% of being what happens post forkening (that is even if the fork happens, which seems decently likely - currently in about the 85% plus territory that the proposed segwit2x fork will actually happen).
FractalUniverse
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November 03, 2017, 10:56:04 PM


And miss out on the victor skyrocketing?

Oh well, it's your money, man.
What if none of them is victor? it may be some altcoin as well, at least temporarily.

I will still support BTC, but i don't see it rallying right after the fork. it may take very long time to get to new ATH after that, so there should be enough time for re-entry.
JayJuanGee
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November 03, 2017, 10:56:52 PM

I see you bumbling imbeciles haff not yet completed vave 5.

tick, tock,...




What the fuck?HuhHuh   NOW I am getting ANGRY!!!! - (a little dramatic effect should not hurt, here)...


You mean that after all of this discussion of "wave 5", we have not even arrived at it yet?Huh


 Angry Angry Angry

I am really ANGRY, if you cannot tell...


And it is not a "gay" type of mad, either.   Angry Angry
rjclarke2000
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November 03, 2017, 10:58:48 PM

After wave 5 does it cruise along sideways nicely? I'm hoping that's what happens.
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November 03, 2017, 11:08:26 PM

Elliott died 60 years before bitcoin arrived.,
his wave principles dont fit for cryptos.
Bitcoin has its own waves. Wave 5 finished? so what.
Lets proceed to another rally wave 6 closely followed by 7  Grin
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