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

[Rosewater Foundation]

Question of the day. Is Jstolfi paid by Ver, or just hopeless?

A broken clock is correct twice a day. Or in Jstolfi's case, maybe once in a millennia if at all.

It feels good for the nocoiners and naysayers to make outlandish claims like "Bitcoin may go to a million dollars one day before it goes to zero." That way they can smuggishly still be right on the first part, while simultaneously moving the goal posts on the second part out to infinity. Or at least to well after they are dead and gone.  Am I right?

He doesn't seem to apply the same standards to RogerDollars.

[Rosewater Foundation]

Also, I'd like to point out that the ever so subtle LTC shilling in this thread is wearing thin fast.

[xhomerx10]

Another one bites the dust!

https://www.youtube.com/watch?v=rY0WxgSXdEE

Hitbtc off line for hours!

Video links are generally useless without some context.  Is this a song?  Aint nobody got time fo dat!

Queen - Another One Bites the Dust (Official Video)

 Cool!  Thanks.  Ill save the bandwidth and sing it to myself.
I saw Queen perform it during their Hot Space tour so it's still fresh in my mind.
Meanwile... Kraken is still choking on traffic.

[Paashaas]

Question of the day. Is Jstolfi paid by Ver, or just hopeless?

WTF?  Roger promoted Jstolfi to professor of computer science....

That site should be removed from the internet, the most horrible place you can find in this entire world.

[gentlemand]

Question of the day. Is Jstolfi paid by Ver, or just hopeless?

WTF?  Roger promoted Jstolfi to professor of computer science....

That site should be removed from the internet, the most horrible place you can find in this entire world.

What a fucking autist.

I personally believe he converted himself into a computer program in the 1970s. He should've waited until computing languages were a little more advanced.

[NUFCrichard]

142k Unconfirmed transactions and 380 sats/byte recommended fee.
Nothing to see here, Bitcoin is working well.

I also don't get the whole LTC thing, but then I never have. Someone saw Bitcoin and thought, wow if I could make it 4 times the size, then it would be perfect!
Why not 5 times, or 10 times? I'll give them that they implemented LN and Segwit before BTC, but BTC is a slow juggernaut which is slowed by quabbling and politics, so that isn't surprising.

If LTC ever took over from BTC (spoilers, it won't) it would pretty much have exactly the same problems as Bitcoin does now, maybe slightly less due to the 4x thing.

[svdleer]

The FOMO panic sellers are awake again.

In the maintime LTC hast lost 20%, and ETH almost 12% of its value in the last 24 hours

[Torque]

Ok, so, my brain is still booting up here for the day, but walk me through game-theory on this one.

There's a huge wall of 1000 BTC @ $17,250 on GDAX.

What would the effect be of me placing a sell wall of 1000 @ $20,000 ? I'm guessing zero effect ?

Would I be better off gaming 1000 @ $17,500 ? Would placing/pulling 1000 walls @ $17,000 cause jitters ?

Wondering how I can have some fun with this wall on GDAX. I'm a little bit bored this morning.

I should really go get a coffee into my system...

Uhh... I'm pretty sure that spoofing is considered in violation of GDAX's trading rules. If you are discovered, your account will likely be frozen.

https://support.gdax.com/customer/en/portal/articles/2725970-trading-rules?b_id=13522

3.12 Traders are prohibited from engaging in Market Manipulation.

3.13 Market Manipulation means actions taken by a Trader or a person acting in concert with a Trader, which are intended to:

a. deceive or mislead other Traders;

b. artificially control or manipulate the price or trading volume of an Asset; or

c. aid, abet, enable, finance, support, or endorse either of the above.

and may include actions on GDAX and/or outside of GDAX.

3.14Market Manipulation specifically includes, without limitation: front-running, wash trading, spoofing, layering, churning, and quote stuffing.

[lightfoot]

Also, I'd like to point out that the ever so subtle LTC shilling in this thread is wearing thin fast.

Not trying to shill LTC per se, more of an observation on the overall insanity in the market. Like a cannon ball rolling around on the deck of a pirate ship; the money is just sloshing around.

But Point noted and taken.

Meantime why isn't Bitcoin DOING ANYTHING? This is the most bored I have been all day....

C

[TERA2]

Finally bitcoin is stable

[Torque]

https://www.cnbc.com/2017/12/14/deutsche-boerse-considers-bitcoin-futures-launch-in-germany-report.html

[Gab0]

142k Unconfirmed transactions and 380 sats/byte recommended fee.
Nothing to see here, Bitcoin is working well.

In r / bitcoin the problem is being discussed. It is becoming harder and harder to ignore the situation and pretend that nothing happens here.
https://www.reddit.com/r/Bitcoin/comments/7jqs9m/how_much_longer_are_we_going_to_pretend_we_dont/

My first bitcoin I bought around 15 dollars, today I could not start with an investment like that. And there are perhaps hundreds, or thousands of people who are preferring other currencies for that very reason.

[gentlemand]

https://news.bitcoin.com/after-segwit2x-failed-jeff-garzik-reveals-united-bitcoin/

More on United Bitcoin, your new favourite fork.

You're only awarded them if your BTC transferred between addresses you own between November 11th and a couple of days ago. They didn't tell anyone this until after the fork. So most of you peons are officially 'inactive' and therefore toast.

http://www.ub.com/project/get


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.

The output address (receiving address) must also be listed as one of the input addresses and cannot be a totally new address
The output address (receiving address) must end up with a balance of more than 0.01 BTC
If you are not sure if the operation is complete, please make two transfers.


How deeply mysterious that they only outlined this after the fork.

[fluidjax]

https://news.bitcoin.com/after-segwit2x-failed-jeff-garzik-reveals-united-bitcoin/

More on United Bitcoin, your new favourite fork.

You're only awarded them if your BTC transferred between addresses you own between November 11th and a couple of days ago. They didn't tell anyone this until after the fork. So most of you peons are officially 'inactive' and therefore toast.

http://www.ub.com/project/get


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.

The output address (receiving address) must also be listed as one of the input addresses and cannot be a totally new address
The output address (receiving address) must end up with a balance of more than 0.01 BTC
If you are not sure if the operation is complete, please make two transfers.


How deeply mysterious that they only outlined this after the fork.

Click on the Phase 2 button.
"Phase 2 - Manual distribution of Bitcoin to UnitedBitcoin addresses by the UB Foundation"

[gentlemand]

Click on the Phase 2 button.
"Phase 2 - Manual distribution of Bitcoin to UnitedBitcoin addresses by the UB Foundation"

Ah. That'll learn me. Let's page Satoshi so he can move his for a bit of fun.

I find this sentence a bit confusing - The receiving address must have a prior balance of more than 0.01BTC, and must be used as one of the sending (input) addresses.

So you're sending it to the same address you're sending it from? Is that even possible?

[Torque]

Click on the Phase 2 button.
"Phase 2 - Manual distribution of Bitcoin to UnitedBitcoin addresses by the UB Foundation"

Ah. That'll learn me. Let's page Satoshi so he can move his for a bit of fun.

Nah, let's clone the UB blockchain after it launches, call it UltimateBitcoin, and steal back all of Jeff's coins through SuperGodMode2.0. 

[aesma]

why price is 13.375€ on Kraken and on Gdax is 14.182€ ?
i see this the last days. why is that?

Usually this means there is a problem on one of the exchanges, either with withdrawing or depositing, either fiat or BTC.

I use Kraken and it might be slow and frustrating but you can deposit and withdraw, trade too with enough patience. Can't say for gdax, haven't used it yet.

[Phil_S]

https://news.bitcoin.com/after-segwit2x-failed-jeff-garzik-reveals-united-bitcoin/

More on United Bitcoin, your new favourite fork.

You're only awarded them if your BTC transferred between addresses you own between November 11th and a couple of days ago. They didn't tell anyone this until after the fork. So most of you peons are officially 'inactive' and therefore toast.

http://www.ub.com/project/get


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.

The output address (receiving address) must also be listed as one of the input addresses and cannot be a totally new address
The output address (receiving address) must end up with a balance of more than 0.01 BTC
If you are not sure if the operation is complete, please make two transfers.


How deeply mysterious that they only outlined this after the fork.

I wonder how expensive are two-letter dot com domains...

[jojo69]

How is it that we can have all this, deeply embarrassing, charlatanism going on...and Bitcoin just keeps chillin' over $16K?

[gentlemand]

I wonder how expensive are two-letter dot com domains...

I wondered that too. Something like this is probably leased from the owner for big bucks. They rarely let them go for good.