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

[Last of the V8s]

http://sentienttrader.com/hurst-trading-room/blog/bitcoin-hurst-cycles-15-december-2017/
 

[flynn]

http://sentienttrader.com/hurst-trading-room/blog/bitcoin-hurst-cycles-15-december-2017/
 

Sometimes you need to put things in perspective.
http://money.visualcapitalist.com/worlds-money-markets-one-visualization-2017/

[HairyMaclairy]

We foreigners are real savages.  We like that our roads don’t have potholes, everyone has free healthcare and can get a high quality free education. Our problem is we are so oppressed by the left, we don’t even know what liberty means. /s  

[Icygreen]

My short term thinking of Lightning network, and do doubt "limited vision" is a separate settlement chain that would be funded via BTC only.   An idea similar to tether which will follow value movement of BTC and have an unlimited cap. It would only be created and issued as deposits of BTC are made into the network and able to scale to unlimited users where transaction which would be instantaneous and settled on said network. Only BTC transactions to the network would incur the mining fees and be recorded on the blockchain.  All BTC collected by lightning network would be immediately available for public purchase via any available pairs.
Ya, I know, there are holes in my proposal and surely easy to shoot down. Just feeling excited and dreaming into what will come after a couple shots of celebratory wiskey.

[Raja_MBZ]

How much time left in launch of bitcoin at CME? Any idea guys?

[El duderino_]

We had an ATH 24 hours ago, Dude.

I, for one, find all of this thrilling. 

You are not alone 🤗

[TERA2]

[fluidjax]

LN allows the same number of actors to engage in roughly unlimited numbers of transactions with each other. What it does not allow is more actors engaging in transactions.

Thats not correct.
I do 5 TX's on chain today, and blocks are full.
With lightning, I do 1 on chain, and do the other 4 off chain
This allows 4 other additional users to the do the same, therefore more actors.

[CistaCista]

Lefties are weak and they know it so they want to rely on someone to care for them. Righties are strong and they know, instinctively, that they are strong, so they want to compete.

So strong in fact, that they have to rely on a White House ban of the use of dangerous words like "science-based" and "transgender", lest their tender ears be shocked to bits by their use by scientists in the public sphere.

[bitserve]

LN allows the same number of actors to engage in roughly unlimited numbers of transactions with each other. What it does not allow is more actors engaging in transactions.

Thats not correct.
I do 5 TX's on chain today, and blocks are full.
With lightning, I do 1 on chain, and do the other 4 off chain
This allows 4 other additional users to the do the same, therefore more actors.

Yup, and thats only for your first day. Maybe the following days you just reuse your open LN channel and don't do any blockchain tx's. Therefore, much less tx's from current users means more capacity for more NEW users.

I really can't understand how some people don't get this... which is not saying there won't be needed a blocksize increase in the future if the number of new users raise dramatically.

[jbreher]

 (in before jbreher makes the bogus claim everyone will have their own foundry in their backyard within 2 years).

You know what? Fuck you and the pre-historic ancestor of the dromedary that you rode in on.

WTF that I have stated have you misinterpreted as a claim that the average person will be able to own their own semiconductor foundry.

Please.

Oh - you can't? I return you to the opening. Fuck You.

[HairyMaclairy]

How much time left in launch of bitcoin at CME? Any idea guys?

CBOE was 5 pm Central.   Pretty sure CME is the same.

[HairyMaclairy]

Lefties are weak and they know it so they want to rely on someone to care for them. Righties are strong and they know, instinctively, that they are strong, so they want to compete.

So strong in fact, that they have to rely on a White House ban of the use of dangerous words like "science-based" and "transgender", lest their tender ears be shocked to bits by their use by scientists in the public sphere.

I learned a new word today. Broflake.  I hope I don’t offend anyone if I use it.

[Spaceman_Spiff_Original]

 (in before jbreher makes the bogus claim everyone will have their own foundry in their backyard within 2 years).

You know what? Fuck you and the pre-historic ancestor of the dromedary that you rode in on.

WTF that I have stated have you misinterpreted as a claim that the average person will be able to own their own semiconductor foundry.

Please.

Oh - you can't? I return you to the opening. Fuck You.

This guy is one of the few people I have on ignore here, I suggest you do the same.
Apparently a mix of self-righteousness, stupidity, hatred and delusions of grandeur can indeed produce pure poison...
I bet he gets off on it too...

[bitserve]

It seems that we are going to see over $20K futures price on CME opening.

[flashbit]

WO thread from 1 year ago is a fun read: 

https://bitcointalk.org/index.php?topic=178336.321420

It was a crazy year that we will remember for years and years. Just as we have never forgotten 2013 but with 1000 times more power and memories (Imagine when you'll be old and you'll recount it to your grandchildren)

https://i.imgur.com/9AC11T9l.png

Thanks man, I like that kind of fun facts that resume BTC when I wake early on Sunday. (you can change dogedcoin with any others alt).

Today we will broke the $20k or tomorrow, no matter...

[Raja_MBZ]

How much time left in launch of bitcoin at CME? Any idea guys?

CBOE was 5 pm Central.   Pretty sure CME is the same.

So after approximately 12 hours, right?

Man, things are going to get very interesting. We can see even $25,000 for a few minutes before returning back right after its launch.

[HairyMaclairy]

12 hours and 15 minutes from this post.

[Karartma1]

Bitcoin is becoming too much for a simple man like me. I feel like I am recovering from a crazy hangover. This thread is too fast and bitcoin is too fast.
Taking some time off, it's very necessary.

[TERA2]

Ive been wanting to take time off but I cant until my exit, bounce buy, bounce sell, and re-entry from the crash