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

[Ivor Biggun]

Kraken BTCJPY 1,000,000 !

Bitcoin will soon be $10000 if this raging bull market keeps going.

[Karpeles]

I see a red dildo...

[AlcoHoDL]

Kraken BTCJPY 1,000,000 !

See? It's all about semantics! And the power of semantics is immense!

That's why we should adopt the mBTC unit. I've tried countless times to persuade people to buy BTC, only to get the same response: "BTC is far too expensive, I'll buy Doge instead."

1 mBTC = $9. Nice & cheap. Not expensive anymore! Everyone, come join in!

Edit: Something's coming... And it's RED and MEAN...

[Ivor Biggun]

Kraken BTCJPY 1,000,000 !

See? It's all about semantics! And the power of semantics is immense!

That's why we should adopt the mBTC unit. I've tried countless times to persuade people to buy BTC, only to get the same response: "BTC is far too expensive, I'll buy Doge instead."

1 mBTC = $9. Nice & cheap. Not expensive anymore! Everyone, come join in!

Edit: Something's coming... And it's RED and MEAN...

Tell them to buy sats instead, they're cheaper than doge at only $0.000091 each. They can buy 100,000 sats for about $9.

[LFC_Bitcoin]

just claimed BTG

good moment to dump ?

https://news.bitcoin.com/a-hacker-gained-access-to-the-bitcoin-gold-windows-wallet-github/?utm_source=??&utm_medium=ass
How do you think?

I haven’t claimed my BTG yet but from what I’ve read Coinimi looks the best bet to do it safely. Input your old private keys that had bitcoin associated with them at the fork & then your Coinimi account will be credited with BTG.

Personally I’d then move them to bittrex & exchange for bitcoin (exactly what I did with my BCH - but moved from Electron Cash to bittrex instead).

[xhomerx10]

just claimed BTG

good moment to dump ?

https://news.bitcoin.com/a-hacker-gained-access-to-the-bitcoin-gold-windows-wallet-github/?utm_source=??&utm_medium=ass
How do you think?

I haven’t claimed my BTG yet but from what I’ve read Coinimi looks the best bet to do it safely. Input your old private keys that had bitcoin associated with them at the fork & then your Coinimi account will be credited with BTG.

Personally I’d then move them to bittrex & exchange for bitcoin (exactly what I did with my BCH - but moved from Electron Cash to bittrex instead).

 I had Bitcoin in my electrum wallet at the time of the fork but the passphrase wasn't compatible with Coinomi wallet so I had to sweep them.  It was easy to do, Electrum shows you the private key as a QR code and you can scan it into Coinomi on your phone.  Fees for the weep were negligible.  While you're at it, get your Bitcore too.

edit: I moved my Bitcoin out of the address before making the claims.

[AlcoHoDL]

I haven’t claimed my BTG yet but from what I’ve read Coinimi looks the best bet to do it safely. Input your old private keys that had bitcoin associated with them at the fork & then your Coinimi account will be credited with BTG.

Personally I’d then move them to bittrex & exchange for bitcoin (exactly what I did with my BCH - but moved from Electron Cash to bittrex instead).

I've used Coinomi to claim some of my BTG and it worked flawlessly. Didn't use a seed, as I had already transferred some BTC to it before the fork, in order to ease the claim process. Important: you need to change the BTG address derivation path in order to get to your claimed coins. The normal Coinomi BTG wallet has a different path and your coins won't show straight away. Don't panic, just Google it, I think there's an official guide for this.

[JimboToronto]

Tell them to buy sats instead, they're cheaper than doge at only $0.000091 each. They can buy 100,000 sats for about $9.

I was gonna say the same thing. Why dick around with millibitcoins, which naturally sound small when you can use satoshis, which sound more important.

I'd rather just use bitcoins. If people can't figure out basic grade-school arithmetic, perhaps they shouldn't be messing around with Bitcoin.

Maybe gasoline should be sold by the milliliter or ounce instead of by the liter or gallon, to keep the price down. 
____

About your user name, are you a big fan of Doc Cox? 

[TERA2]

Kraken BTCJPY 1,000,000 !

[EatonABooger]

I haven’t claimed my BTG yet but from what I’ve read Coinimi looks the best bet to do it safely. Input your old private keys that had bitcoin associated with them at the fork & then your Coinimi account will be credited with BTG.

Personally I’d then move them to bittrex & exchange for bitcoin (exactly what I did with my BCH - but moved from Electron Cash to bittrex instead).

I've used Coinomi to claim some of my BTG and it worked flawlessly. Didn't use a seed, as I had already transferred some BTC to it before the fork, in order to ease the claim process. Important: you need to change the BTG address derivation path in order to get to your claimed coins. The normal Coinomi BTG wallet has a different path and your coins won't show straight away. Don't panic, just Google it, I think there's an official guide for this.

I checked on Coinomi.  they only have an android wallet.   Nothing for windows PC yet.  unless i am missing something.

I am not placing any serious funds on a phone !!!!!  Phones are for play money and coffee/groceries.

[Ivor Biggun]

About your user name, are you a big fan of Doc Cox?  

I'm a big fan of the wanker's song.

https://www.youtube.com/watch?v=uqJHoZBJYxI

[itod]

I haven’t claimed my BTG yet but from what I’ve read Coinimi looks the best bet to do it safely. Input your old private keys that had bitcoin associated with them at the fork & then your Coinimi account will be credited with BTG.

Personally I’d then move them to bittrex & exchange for bitcoin (exactly what I did with my BCH - but moved from Electron Cash to bittrex instead).

I've used Coinomi to claim some of my BTG and it worked flawlessly. Didn't use a seed, as I had already transferred some BTC to it before the fork, in order to ease the claim process. Important: you need to change the BTG address derivation path in order to get to your claimed coins. The normal Coinomi BTG wallet has a different path and your coins won't show straight away. Don't panic, just Google it, I think there's an official guide for this.

I checked on Coinomi.  they only have an android wallet.   Nothing for windows PC yet.  unless i am missing something.

I am not placing any serious funds on a phone !!!!!  Phones are for play money and coffee/groceries.

I also thought this, but eventually gave up and installed Coinomi. You are wasting your time, dump BTG while it's not dumped to the ground IMHO. Just break your cold wallet and make a new one. As soon as you sweep BTG, send them to the exchange, turn them to BTC and you are safe. you are "risking" BTG only for a very short time, not BTC. It's much smaller risk then risking they are not worth much soon.

[xhomerx10]

I haven’t claimed my BTG yet but from what I’ve read Coinimi looks the best bet to do it safely. Input your old private keys that had bitcoin associated with them at the fork & then your Coinimi account will be credited with BTG.

Personally I’d then move them to bittrex & exchange for bitcoin (exactly what I did with my BCH - but moved from Electron Cash to bittrex instead).

I've used Coinomi to claim some of my BTG and it worked flawlessly. Didn't use a seed, as I had already transferred some BTC to it before the fork, in order to ease the claim process. Important: you need to change the BTG address derivation path in order to get to your claimed coins. The normal Coinomi BTG wallet has a different path and your coins won't show straight away. Don't panic, just Google it, I think there's an official guide for this.

I checked on Coinomi.  they only have an android wallet.   Nothing for windows PC yet.  unless i am missing something.

I am not placing any serious funds on a phone !!!!!  Phones are for play money and coffee/groceries.

 Lighten up Francis...  It'll take you 10 minutes to scan the QR codes into Coinomi and move the coins to the exchange of your choice in order to dump them.  Try not to lose focus and inadvertently leave home with your phone until you've completed the task.

 

[Ibian]

But there is a centralization effect happening with Bitcoin in the sense that big miners are forcing their smaller competitors out of the marketplace by constantly reinvesting in better infrastructure (mining gear) - which the average Joe can't keep up with and therefore his mining power keeps decreasing. So in the end there will be a few top dogs and a few "hobby miners" I guess.

You just described why bitcoin is 100% pointless and has no value because it's not possible to create a decentralized digital currency.  It's designed to centralize and if you can't legitly outgrow all your opponents by just parlaying your investment into new miners, adversarial mining is another method to destroy the competition and is basically a free win to defeat them assuming your hash power is larger than theirs.  It would be like if it was legal in the metals industry for Max Keiser to run over the hill and attack Mike Maloney with a shovel while he's trying to pan the river for gold to corner the market.

Or as Luke Jr has said before, for every 1 miner you buy from Bitmain, it gives Bitmain 10 free miners of their own, making it completely pointless to buy anything from them (unless you pretend bitcoin is some type of infinite pump and dump that can only pump and never dump).  Or as Anonymint also paraphrased the situation, economy of scale begets more economy of scale.

We are literally over 9000. Just go away.

[HairyMaclairy]

If you are on an iPhone using Safari it’s 10x more secure than a windows PC.  Androids are a joke though.

[JimboToronto]

About your user name, are you a big fan of Doc Cox?  

I'm a big fan of the wanker's song.

https://www.youtube.com/watch?v=uqJHoZBJYxI

I didn't discover Biggun/Cox until the 1980s and wore out the cassette tape playing it for people.

My favorite was called "I Can't Stand It" and it was about being teased by jailbait, no hint of pedophilia or anything. Just the opposite... it was about trying to avoid it. Instead of his usual banjo/ukulele skiffle schtick, it was set to a rock & roll beat.

"Oooh ooh ooh, you're much to young to screw, but when you do the things you do, I can't stand it..."

Unfortunately it didn't seem to make it onto Youtube.

[vroom]

If you are on an iPhone using Safari it’s 10x more secure than a windows PC.  Androids are a joke though.

I think the nexus and pixel phones are pretty ok, they get monthly security updates.

[BTCOP]

Hi to all!

This is my first post to this forum. I have been following this thread for a couple of month and found the discussions to be the most informed I've come across by quite some way.

I have a very modest bitcoin holding. Just less and 1 BTC. So i can't speak about Lambo's or sea front houses on the California Coast. However i can speak with the hope that one day i will be able to pay off my mortgage early. So i hope that my modest investment will become a life changing one in the future.

Anyway, i thought i'd post this chart which i'm sure many of you have seen before but what i found interesting was the date this chart predicts that 1 BTC would be worth 10k USD. "22-11-17". I can only hope this chart plays out to 2024. Cos if it does then i can pay off my mortgage and still have enough left over to book a holiday to the California coast. Who knows! Might see one of you guys driving down Highway 1 in your Lambo.

https://ibb.co/hz7ya6

[ImI]

Hi to all!

This is my first post to this forum. I have been following this thread for a couple of month and found the discussions to be the most informed I've come across by quite some way.

I have a very modest bitcoin holding. Just less and 1 BTC. So i can't speak about Lambo's or sea front houses on the California Coast. However i can speak with the hope that one day i will be able to pay off my mortgage early. So i hope that my modest investment will become a life changing one in the future.

Anyway, i thought i'd post this chart which i'm sure many of you have seen before but what i found interesting was the date this chart predicts that 1 BTC would be worth 10k USD. "22-11-17". I can only hope this chart plays out to 2024. Cos if it does then i can pay off my mortgage and still have enough left over to book a holiday to the California coast. Who knows! Might see one of you guys driving down Highway 1 in your Lambo.

Welcome! Who knows maybe 1BTC will be enough to pay your mortgage.

[ErisDiscordia]

Hi to all!

This is my first post to this forum. I have been following this thread for a couple of month and found the discussions to be the most informed I've come across by quite some way.

I have a very modest bitcoin holding. Just less and 1 BTC. So i can't speak about Lambo's or sea front houses on the California Coast. However i can speak with the hope that one day i will be able to pay off my mortgage early. So i hope that my modest investment will become a life changing one in the future.

Anyway, i thought i'd post this chart which i'm sure many of you have seen before but what i found interesting was the date this chart predicts that 1 BTC would be worth 10k USD. "22-11-17". I can only hope this chart plays out to 2024. Cos if it does then i can pay off my mortgage and still have enough left over to book a holiday to the California coast. Who knows! Might see one of you guys driving down Highway 1 in your Lambo.

Hi there!

There will only ever be 21M bitcoin and I would guess up to 10% have been lost anyway. Having 1BTC puts you in the very top bracket of holders - so welcome and enjoy the ride!

By the way that chart turned out to be extremely on point, predicting 10K in November 2017 way back in 2014...