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

[TERA2]

I think there is much more than 1M bitcoins lost.

[Heater]

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.

That graph is from Trolololo.

Let's see if he does an updation soon. Link to original thread:

https://bitcointalk.org/index.php?topic=831547.0

[AlcoHoDL]

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.  

Fair enough. Satoshi is a good choice, and has been there from day one. It's even cheaper than Doge, as mentioned, so one could buy hundreds of thousands or even millions for cheap. I know what you mean about people not getting it, but sometimes these things do matter. Like pricing something at $9.99 instead of $10. It's a psychological thing.

And... gentlemen... we have some pump action developing nicely!

[Lauda]

Recommended watch: https://www.reddit.com/r/Bitcoin/comments/7fksah/after_years_of_people_hoping_for_this_to_happen/.

Bitstamp | Total bids: 107819705 USD. Total asks: 1931 BTC. Ratio: 55808.13374 USD/BTC. | Data vintage: 0.0138 seconds

[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://image.ibb.co/kg9Bv6/bitcoin_chart.jpg

Welcome.

That graph is from Trolololo.

Let's see if he does an updation soon. Link to original thread:

https://bitcointalk.org/index.php?topic=831547.0

Ahhh! I thought someone on here would have seen this before. Thanks for the original thread. Spookily accurate date though!  Would be good to see him do an update.

[billyjoeallen]

And we get to deal with pirates. This should be fun.

Meantime 9,000? It's over 9,000?

Wow.

Pirates and waves. Most people that hear about it first usually bring up the waves too. 100 foot waves. And hurricanes.

Seateading again.  Dumbest AnCap idea ever. You undermine the economic and monetary policies of several major military powers simultaneously to create a hotbed of gambling prostitution drug use and money laundering. You think international waters will save you?

Two words: MK48 torpedoes.

[infofront]

We are approaching the 9500$ target masterluc set a year or so ago as the top of this wave. Now I'm not sure if he has revised this (I think he has) but I would not be surprised to see a big correction at these levels.

Here is that graph: https://www.tradingview.com/chart/BTCUSD/MrwPhbog-Long-Term-Bitcoin-price-extrapolation/

He just posted again three hours ago reiterating his current forecast:

[HairyMaclairy]

Edit:  never mind - misread the chart.

[Wekkel]

See attached with updated graph until now.



Fits like a glove: $22,000 here we come after which there is a small breather below $15,000.

The following is also a good one:

[Arriemoller]

And I repeat my query: What's the vision?

Just a few people living on houseboats. Nothing to concern yourself with.

I think the vision is a few people living on houseboats and governing themselves, sounds like a good idea to me. Live and let vive.

[sirazimuth]

I think there is much more than 1M bitcoins lost.

and when you google for these lost bitcoins stories most are really dated numbers in terms of value.
You literally have to multiply the reported value 15 fold making it even more "head shaking worthy." (for want of a better term)
So for example this familiar story
I'm sure most of the legendaries/heroes in here have heard about the
7500 bitcoins lost valued at over a reported $5 million then that are now worth around $70 million.
And this is just one story of many.
It's mind blowing when you think about it.

[HairyMaclairy]

A question.  Bitstamp seems to hopelessly trail the market.  Bitfinex is high volume. Bithumb seems to have picked up the Chinese market. Gdax seems to be the price leader.

Do we need to forget about Bitstamp and focus on BFX, GDAX and Bitthumb?

[HairyMaclairy]

I think there is much more than 1M bitcoins lost.

and when you google for these lost bitcoins stories most are really dated numbers in terms of value.
You literally have to multiply the reported value 15 fold making it even more "head shaking worthy." (for want of a better term)
So for example this familiar story
I'm sure most of the legendaries/heroes in here have heard about the
7500 bitcoins lost valued at over a reported $5 million then that are now worth around $70 million.
And this is just one story of many.
It's mind blowing when you think about it.

No one takes into account the dust left behind everywhere. 

[bitserve]

That seasteading thing will be an interesting experiment about micro self-ruling.

If people really intends it to live there (instead of just as an excuse for avoiding/reducing taxes elsewhere) it will probably show that most of the problems/fight will come from disagreements on local governance between its members than from any external entity.

I think just about any government system will work with a small amount of people that are there voluntarily and know what they're getting into. The key being the ease of leaving if you don't like it.

I think just about any "government" or governance model will be extremely problematic. I mean, even the small details will be a source for conflict. Probably more so than the "whole picture", which could be easier to agree initially.

People that voluntarily do it? If not for an economical gain they will seek some sort of power/influence in exchange for his implication. If they don't achieve it, more sooner than later they will get frustrated... if they achieve it, then others will feel it unjust (by their own criteria).

Even the little daily issues could potentially be a great source of conflict. Let's just take a very simple and practical example:

Some dudes want to party all the time with music and whores et all. Some others are lone wolf that just want peace and silence. The second ones complaint about the first ones for the music. The first ones complain about other behaviour of the second ones that disturbs them for other reasons... Who is right and who is wrong? Who is in power to decide who have to step back? Yeah, you can leave by yourself... but you feel that it is the other asshole who have to leave not you!

The conflict keeps escalating... until someone goes full McAfee and the international shitshow is served.

It's easy to assemble a group of people that share the same ideals/vision/whatever INITIALLY, but not every one is alike and for sure disagreements and conflict will arise.  At the early stages its all harmony and good intentions... Things change when you REALLY have to live with them every day.

Anyway, I still think it will be a VERY interesting experiment and would like to see how all that potentially conflictive issues get addressed in practice.

[Heater]

Here is another interesting take on the parabolic rise we might see soon.

https://twitter.com/parabolictrav/status/934867944734994434

Parabolic Trav‏
@parabolictrav

The last chart is causing confusion. I'm deleting the top trend line and just showing the current parabolic channel. The top line gives a false idea of it going to $100,000. What I'm really trying to say is the 2 lines are going vertical and converging. $BTC

[lightfoot]

Stuck at 9300-9400. Come on do something......

[pfrtlpfmpf]

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 got myself "Andy" from andyroid.net for that purpose.

https://www.andyroid.net/

It´s an Android-Emulator for your desktop, and lets you load any Android-App onto the desktop. Very cool !
With it, i ran Coinomi on my computer and got my BTG this way.


Only thing is, the install of "Andy" managed to sneak Google Chromium and lots of Yahoo-Shit onto my computer, i even used Malwarebytes to get rid of all the Yahoo P.U.P.
So, get rid of that additional shit first, then add Coinomi from Playstore.
(Of course, i moved my Bitcoin to a new wallet first, before handling any private keys ! )

But now it´s great. Very usefull for other Android Apps too . . . .

[Coinnosaurus]

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

I suppose you're an apple fan and an expert in vulns bro, could you tell us more about these spreadsheets and what it means?

https://www.cvedetails.com/vendor/49/Apple.html
https://www.cvedetails.com/vendor/1224/Google.html

[sirazimuth]

That seasteading thing will be an interesting experiment about micro self-ruling.

If people really intends it to live there (instead of just as an excuse for avoiding/reducing taxes elsewhere) it will probably show that most of the problems/fight will come from disagreements on local governance between its members than from any external entity.

I think just about any government system will work with a small amount of people that are there voluntarily and know what they're getting into. The key being the ease of leaving if you don't like it.

I think just about any "government" or governance model will be extremely problematic. I mean, even the small details will be a source for conflict. Probably more so than the "whole picture", which could be easier to agree initially.

People that voluntarily do it? If not for an economical gain they will seek some sort of power/influence in exchange for his implication. If they don't achieve it, more sooner than later they will get frustrated... if they achieve it, then others will feel it unjust (by their own criteria).

Even the little daily issues could potentially be a great source of conflict. Let's just take a very simple and practical example:

Some dudes want to party all the time with music and whores et all. Some others are lone wolf that just want peace and silence. The second ones complaint about the first ones for the music. The first ones complain about other behaviour of the second ones that disturbs them for other reasons... Who is right and who is wrong? Who is in power to decide who have to step back? Yeah, you can leave by yourself... but you feel that it is the other asshole who have to leave not you!

The conflict keeps escalating... until someone does "a McAfee" and the international shitshow is served.

It's easy to assemble a group of people that share the same ideals/vision/whatever INITIALLY, but not every one is alike and for sure disagreements and conflict will arise.  At the early stages its all harmony and good intentions... Things change when you REALLY have to live with them every day.

Anyway, I still think it will be a VERY interesting experiment and would like to see how all that potentially conflictive issues get addressed in practice.

So if you did live out on a floating oasis in the middle of nowhere,
whats the point of being rich? There's no where to spend your bitcoins is there?
What the hell would you do all day? You might as well buy one of those condos
on those wacking great big obscene cruise ships and endlessly float round the world
playing shuffleboard and baccaret and attend nightly Elvis Presly lookalike concerts or some such thing.
Of course then you'd have to deal with all the rich wrinklies....so maybe not...
 ...or am I missing something?

[gentlemand]

What the hell would you do all day?

Not pay tax.