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

[bitserve]

If banks collapse so will bitcoin because as of now bitcoin is supported 95% by fat wires of speculative fiat to exchanges from banks and their fractional reserve loan system which creates imaginary assets and wealth for people to invest.  Once the superhighways of fiat are shutdown nobody will even have any money to invest and there will not be a hand to hand bartering economy with bit coin  that supports these price levels.  The adoption is not there yet.  So don't hope on banks to collapse.

Well, nothing to worry about because banks are not going to collapse anytime soon. "They" can't and won't let that happen no matter what.

[Rosewater Foundation]

One of our fork coins is pumping. I didn't even know it was out yet!

You don't say!








... which one?

https://yobit.net/en/trade/SBTC/BTC

Already worth more than bglod!

Great! Are we rich again then?

I am starting to like those forks... more so if they don't come claiming they are the one and true Bitcoin and bullshit like that.

Helicopter money for the masses poor bitcoiners!

I should never have moved my coins to Trezor. I was nimble with the bcash drop. Ever since I went hardware wallet I feel like I'm stuck in line.

[bitserve]

One of our fork coins is pumping. I didn't even know it was out yet!

You don't say!








... which one?

https://yobit.net/en/trade/SBTC/BTC

Already worth more than bglod!

Great! Are we rich again then?

I am starting to like those forks... more so if they don't come claiming they are the one and true Bitcoin and bullshit like that.

Helicopter money for the masses poor bitcoiners!

I should never have moved my coins to Trezor. I was nimble with the bcash drop. Ever since I went hardware wallet I feel like I'm stuck in line.

Why so? On the contrary I have found claiming forks with my hardware wallets makes it very easy. I do use the Ledger nano though.

ANyway, I am not claiming the recent forks any time soon. With current fees I don't feel like moving all the addresses for EACH fork and also all that shit seems to rise price after the first waves of fast sellers are done. No hurry. When the time comes I will do them all at once. It's free money so what's to lose.

[gentlemand]

I should never have moved my coins to Trezor. I was nimble with the bcash drop. Ever since I went hardware wallet I feel like I'm stuck in line.

They're pretty rapid with forks but there'll be a point where they can't be arsed any more. You can always extract the relevant private key with this https://iancoleman.io/bip39/ from your seed as long as your BTC is gone and you have a new seed.

I stuck with paper wallets for fork season.

[Rosewater Foundation]

They're pretty rapid with forks but there'll be a point where they can't be arsed any more. You can always extract the relevant private key with this https://iancoleman.io/bip39/ from your seed as long as your BTC is gone and you have a new seed.

This sounds like work. I like my old seed.

I stuck with paper wallets for fork season.

That was the ticket.

[Icygreen]

Haven't been able to get on bitcointalk.org  with a laptop for the past 20 hours or so.  Mobile works fine.
Thought cloudflare was supposed to solve DDoS? Are we all on mobile devices?

[gentlemand]

Haven't been able to get on bitcointalk.org  with a laptop for the past 20 hours or so.  Mobile works fine.
Thought cloudflare was supposed to solve DDoS? Are we all on mobile devices?

Nope. PC. But it's only been usable in the last 3 or so hours. Didn't work on mobile either.

[bitserve]

Haven't been able to get on bitcointalk.org  with a laptop for the past 20 hours or so.  Mobile works fine.
Thought cloudflare was supposed to solve DDoS? Are we all on mobile devices?

Cloudflare can absorb most ddos, but it cannot do anything if the servers are overloaded which is what is happening. It's not a bandwidth problem but a load one. Only upgrading the capacity of the servers or optimizing the software would solve it.

[jbreher]

Haha. The world works in funny ways.

I'm sitting in the lounge at SJC - I was working in Silicon Valley so far this week. AAR, when I checked into my hotel the other night, I noticed a newspaper I'd not seen before available amongst the piles of drek such as USA Today. Epoch Times. Intrigued, I grabbed a copy.

This morning, I finally started reading it. There was a great article on the ramifications of Bitcoin that took an entire page in the paper. Once I read it, I thought I oughta share it here. There is an abbreviated version available on the web: https://www.theepochtimes.com/is-bitcoin-just-a-brilliant-wealth-redistribution-scheme-3_2377636.html
authored by Valentin Schmid.

Now in the lounge, martini in hand, waiting for time to board, I am catching up on deferred communications. Running through my browser tabs, I run across this item linked the other day by someone here on BCT: https://www.youtube.com/watch?v=ukjDCeuNK3Y

Who is the interviewer but the samesaid Valentin? Whatta universe.

[Rosewater Foundation]

So these are the first intellectual hurdles to overcome: understanding that our current money system is severely flawed, and that to prosper and make progress, humanity needs an alternative.

Not bad.

[jojo69]

Glad you are getting somewhere Bob.

At your weight, a diversity of institutions and methods would seem wise.

[Rosewater Foundation]

Hope this recent pullback shook some FOMO money out. Somehow I feel CNBC isn't a force for good

[Torque]

With Bitcoin, if you don't want shorters to be able to short with your bitcoin, you simply remove them from the exchange to an off-exchange wallet.

With the stock market, you can't do that. There's no way to exclude your stock shares from being shorted on an exchange, because:

1) They're not your stock shares, they're simply an IOU you leased from a Market Maker whale that holds an entire pool of stock shares on the exchange.

- and -

2) Stock shares can't be "removed" from the stock exchange they trade on anyway.


Let THAT sink in for a minute.

[RoomBot]

http://www.ub.com

Don't forget about the fun new fork from Jeff Garzik with added Satoshi coin theft.

Wow, that twirling effect on that site is mesmerizing!

I think I must have spent at least 10 minutes just staring at it...

Good work Jeff!

Sweet landing page, Garzik.  Very professional:

[jojo69]

Somehow I feel CNBC isn't a force for good

SNORK!!

[Rosewater Foundation]

This UB is no ordinary airdrop. You had to do special moves first.

Eligibility

All users who transfer Bitcoins from his/her own address to his/her own address between Block 494000 and Block 498777 (11 November 2017 to 12 December 2017 GMT) will be eligible if the transaction meets the following criteria...

[TERA2]

I've been informed that were not the new wealthy elite and the jig is up.

[Torque]

This UB is no ordinary airdrop. You had to do special moves first.

Eligibility

All users who transfer Bitcoins from his/her own address to his/her own address between Block 494000 and Block 498777 (11 November 2017 to 12 December 2017 GMT) will be eligible if the transaction meets the following criteria...

It's important by design that Jeff ends up with all the UB tokens. Because God Mode.

[jojo69]

I've been informed that were not the new wealthy elite and the jig is up.

Is this from confirmed sources?

[Rosewater Foundation]

This UB is no ordinary airdrop. You had to do special moves first.

Eligibility

All users who transfer Bitcoins from his/her own address to his/her own address between Block 494000 and Block 498777 (11 November 2017 to 12 December 2017 GMT) will be eligible if the transaction meets the following criteria...

It's important by design that Jeff ends up with all the tokens.