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

[Searing]

bch pumpin, is it a bad sign ?

People dumping Bcash instead of ''using'' them..



Bitcoin looks more healthy.

As a LTC dumper of 2 min ago (to pay bills) the LTC price is now pumping.....(my skills at selling at the wrong time is epic!)

anyway, your welcome!

enjoy!

[Torque]

Funny how we live in this bizarro world where Jamie Dimon calls Bitcoin a fraud, but J.P. Morgan upgrades Twitter and says it's one of the best buys of 2018. A company that literally makes no money and cannot be monetized.  

https://www.cnbc.com/2017/12/18/twitter-shares-jump-after-jpmorgan-upgrades-the-stock.html

[bones261]

Someone, early this morning, while I was sleeping, hacked into my main e-mail account. They then proceeded to change the password on my Gmail account, which tipped me off, by sending me a text. After I changed the password back on my main e-mail account, it had an e-mail with a code to change the password on my Facebook account too. I then learned that they changed the passwords on my Coinbase, my Bittrex and My Poloniex account. Fortunately, I have 2fa activated on all of them, so they didn't get shit. I guess the lesson learned is that I should use a different e-mail for each and every one of my online accounts. What a fucking pain in the ass.  

How did they change your password on coinbase, bittrex and poloniex if you have 2FA enabled? Or you have it only for withdrawls?

ANyways, good to hear it didn't have bigger consequences.

You can reset the password without doing the 2fa. They just need the e-mail that you use. Just not get into the account afterword.

[bitserve]

Funny how we live in this bizarro world where Jamie Dimon calls Bitcoin a fraud, but J.P. Morgan upgrades Twitter and says it's one of the best buys of 2018. A company that literally makes no money and cannot be monetized.  

https://www.cnbc.com/2017/12/18/twitter-shares-jump-after-jpmorgan-upgrades-the-stock.html

But... it has been some time now since twitter started monetizing the service via ads:

https://www.cnbc.com/2017/10/26/twitter-earnings-q3-revenue-eps-and-maus.html

Not saying it is a good investment though. I am happy with Bitcoin

[Paashaas]

bch pumpin, is it a bad sign ?

People dumping Bcash instead of ''using'' them..



Bitcoin looks more healthy.

As a LTC dumper of 2 min ago (to pay bills) the LTC price is now pumping.....(my skills at selling at the wrong time is epic!)

anyway, your welcome!

enjoy!

I added 2 pics in my post but somehow i dont see them...

Bitcointalk lags like hell when it comes to posting pics these days  

[Torque]

Funny how we live in this bizarro world where Jamie Dimon calls Bitcoin a fraud, but J.P. Morgan upgrades Twitter and says it's one of the best buys of 2018. A company that literally makes no money and cannot be monetized.  

https://www.cnbc.com/2017/12/18/twitter-shares-jump-after-jpmorgan-upgrades-the-stock.html

But... it has been some time now since twitter started monetizing the service via ads:

https://www.cnbc.com/2017/10/26/twitter-earnings-q3-revenue-eps-and-maus.html

Not saying it is a good investment though. I am happy with Bitcoin

Twitter has never had a profitable quarter based on generally accepted accounting principles (GAAP). And I believe both their user growth as well as earnings will continue to fall in the coming years.

A company that makes zero money should not be worth billions.

[vapourminer]

Again, I've done dumber this year (2 Bitmain D3's that will never ROI at 2.51 BTC w/PSU's etc)

But, again...damn tough to sweep the floor in the workshop w/o this crossing my mind....

ON THE OTHER HAND....if I added up all the BTC I spent (don't look at your Jan 2017 hot wallet...it is ugly) I could be beating myself up

I should just think when I sweep the floor, better the twinge about that, over the angst of adding up all the dubious stuff I got with crypto this year ..shudder

an inoculation against 20/20 hindsight as it were

the mind is a funny thing

engrave "next time HODL" in the cement.

[Meuh6879]

I added 2 pics in my post but somehow i dont see them...

BUG reported : less than 24h.
https://bitcointalk.org/index.php?topic=2605179.msg26551575#msg26551575

[Ludwig Von]

Funny how we live in this bizarro world where Jamie Dimon calls Bitcoin a fraud, but J.P. Morgan upgrades Twitter and says it's one of the best buys of 2018. A company that literally makes no money and cannot be monetized.  

https://www.cnbc.com/2017/12/18/twitter-shares-jump-after-jpmorgan-upgrades-the-stock.html

What is that saying again, it is difficult to make a man understand something if his salary depends on not understanding it? We could generalize this easily to the whole cohort of Wallstreet, CB's and Academics... .

[milkshock100]

Whats going on, Jihan making another run to add to his list of failed runs?

[BTCtrader71]

I try to keep things in check..and have done worse things with BTC this year..but the one that stands out as an OUCH!

Is the 1.01 BTC I paid when BTC was worth about $1,150 bucks...thus I paid at $18,920.73 btc now $19,109.94 to pour cement in an old
cistern in my basement to level the floor up....for a workshop there....again OUCH!

I did worse, last year...but reminded every time I sweep the workshop floor. Ack!

I paid 19 btc if I remember correctly in 2013 (currently over $350k) for a brick from Butterfly Labs. 

[Torque]

I try to keep things in check..and have done worse things with BTC this year..but the one that stands out as an OUCH!

Is the 1.01 BTC I paid when BTC was worth about $1,150 bucks...thus I paid at $18,920.73 btc now $19,109.94 to pour cement in an old
cistern in my basement to level the floor up....for a workshop there....again OUCH!

I did worse, last year...but reminded every time I sweep the workshop floor. Ack!

I paid 19 btc if I remember correctly in 2013 (currently over $350k) for a brick from Butterfly Labs.  

Ouch, that's gotta hurt.

It's kinda interesting looking through posts from the past few years and seeing the same type of comments.

I think in the next 4-5 years, comments are going to be even more amusing to read. Instead of people talking about how they regret spending their btc, we'll look back 5 years from now and see comments like: "In 2017 I divested some portion of my bitcoin into multiple altcoins.... now I look back and did the math, and had I just left everything in bitcoin I would have had [2X/ 3X /4X /insert some multiple here] more wealth than I do now."

[Higher Altitude]

I try to keep things in check..and have done worse things with BTC this year..but the one that stands out as an OUCH!

Is the 1.01 BTC I paid when BTC was worth about $1,150 bucks...thus I paid at $18,920.73 btc now $19,109.94 to pour cement in an old
cistern in my basement to level the floor up....for a workshop there....again OUCH!

I did worse, last year...but reminded every time I sweep the workshop floor. Ack!

I paid 19 btc if I remember correctly in 2013 (currently over $350k) for a brick from Butterfly Labs. 

Ouch, that's gotta hurt.

It's kinda interesting looking through posts from the past few years and seeing the same type of comments.

I think in the next 4-5 years, comments are going to be even more amusing to read. Instead of people talking about how they regret spending their btc, we'll look back 5 years from now and see comments like: "In 2017 I divested some portion of my bitcoin into multiple altcoins.... now I look back and did the math, and had I just left everything in bitcoin I would have had [2X/ 3X /4X /insert some multiple here] more wealth than I do now."

I could tell that story right now.  If I had left everything in Bitcoin THIS YEAR I would have made more money than any of my other Altcoin "investments" + trading (where I lost even more money because of high risk). Lesson learned: Never take advice from boneheads. Especially not in the crypto world.
But I think it's really unhealthy to think that way because the moment you make a decision that information is not available to you so beating yourself up for it later is really just as stupid. Just learn from mistakes and move on.

[Rosewater Foundation]

I try to keep things in check..and have done worse things with BTC this year..but the one that stands out as an OUCH!

Is the 1.01 BTC I paid when BTC was worth about $1,150 bucks...thus I paid at $18,920.73 btc now $19,109.94 to pour cement in an old
cistern in my basement to level the floor up....for a workshop there....again OUCH!

I did worse, last year...but reminded every time I sweep the workshop floor. Ack!

I paid 19 btc if I remember correctly in 2013 (currently over $350k) for a brick from Butterfly Labs.  

Do the maths on those famous two pizzas. Your head will spin.

Edit: $95million per pizza?

[vroom]

Whats going on, Jihan making another run to add to his list of failed runs?

maybe bitmain got a new stock of hardware and customers have to pay with BCH?

or better

maybe jihan is pumping BCH because he knows he will get new hardware soon and customers have to pay with BCH?

[B1tUnl0ck3r]

Now the real mission begins... 24/7 trading on cme, cboe and co !!!

WE CAN MAKE IT !!!!!

and there change the world and pricing for ever !

Now a little observation that necessitate the criticism of serious and non serious alike... about bitcoin inflation.

If A own 1 BTC now, tomorrow more bitcoin will be added to the network until the maximum capacity is reached. Some say that money supply expansion is limited. but I guess it is a lie, because of mining.

If A wants to keep is relative stake intact he must add to it.

One way is mining, which should through tx fees even beat it longterm, however his mining gears are subject to devaluation and energy subsidies.

I came to this conclusion that by holding PIVX which is POS and which has btw a pricing competition (https://bitcointalk.org/index.php?topic=2609824.0) there is no inflation in keeping the stake 24/7 because the relative size will not change and without the mining depreciation, energy subsidized game. I am wrong? And why? thanks in advance...

pivx money supply increase is logarithmically decreasing at around 4% now... but someone staking will not experience a decrease of his relative size because staking will keep it at the same or above rate (some don't stake).

[Gab0]

I try to keep things in check..and have done worse things with BTC this year..but the one that stands out as an OUCH!

Is the 1.01 BTC I paid when BTC was worth about $1,150 bucks...thus I paid at $18,920.73 btc now $19,109.94 to pour cement in an old
cistern in my basement to level the floor up....for a workshop there....again OUCH!

I did worse, last year...but reminded every time I sweep the workshop floor. Ack!

I paid 19 btc if I remember correctly in 2013 (currently over $350k) for a brick from Butterfly Labs.  

Do the maths on those famous two pizzas. Your head will spin.

Edit: $95million per pizza?

I do not regret absolutely any spent amount of btc. And that's because every time I've spent, I've replenished the amount spent on the next price fall.
For me, bitcoin works as a rechargeable payment system. Or did it until the fees were too expensive.

[BTCtrader71]

I try to keep things in check..and have done worse things with BTC this year..but the one that stands out as an OUCH!

Is the 1.01 BTC I paid when BTC was worth about $1,150 bucks...thus I paid at $18,920.73 btc now $19,109.94 to pour cement in an old
cistern in my basement to level the floor up....for a workshop there....again OUCH!

I did worse, last year...but reminded every time I sweep the workshop floor. Ack!

I paid 19 btc if I remember correctly in 2013 (currently over $350k) for a brick from Butterfly Labs. 

Ouch, that's gotta hurt.

It's kinda interesting looking through posts from the past few years and seeing the same type of comments.

I think in the next 4-5 years, comments are going to be even more amusing to read. Instead of people talking about how they regret spending their btc, we'll look back 5 years from now and see comments like: "In 2017 I divested some portion of my bitcoin into multiple altcoins.... now I look back and did the math, and had I just left everything in bitcoin I would have had [2X/ 3X /4X /insert some multiple here] more wealth than I do now."

I could tell that story right now.  If I had left everything in Bitcoin THIS YEAR I would have made more money than any of my other Altcoin "investments" + trading (where I lost even more money because of high risk). Lesson learned: Never take advice from boneheads. Especially not in the crypto world.
But I think it's really unhealthy to think that way because the moment you make a decision that information is not available to you so beating yourself up for it later is really just as stupid. Just learn from mistakes and move on.

I agree 100%. In retrospect, we all coulda/shoulda/woulda mortgaged our homes and maxed our credit cards and gone long at exactly the right time on apple/microsoft/amazon and everything else that has done well in the stock market. And we should have shorted all of the drops at exactly the right time. Never-ending list of such decisions we did not make. So what?

[Ibian]

Funny how we live in this bizarro world where Jamie Dimon calls Bitcoin a fraud, but J.P. Morgan upgrades Twitter and says it's one of the best buys of 2018. A company that literally makes no money and cannot be monetized.  

https://www.cnbc.com/2017/12/18/twitter-shares-jump-after-jpmorgan-upgrades-the-stock.html

But... it has been some time now since twitter started monetizing the service via ads:

https://www.cnbc.com/2017/10/26/twitter-earnings-q3-revenue-eps-and-maus.html

Not saying it is a good investment though. I am happy with Bitcoin

Twitter has never had a profitable quarter based on generally accepted accounting principles (GAAP). And I believe both their user growth as well as earnings will continue to fall in the coming years.

A company that makes zero money should not be worth billions.

Ain't about money my man. Look up Sargon of Akkad and Computing Forever on youtube, they cover shit about twitter and facebook.

[gentlemand]

I've spent loads of it and not replaced. Comes a point when it's all a little bit academic whether you have an extra 0.3 or so plus it makes for a fun conversation piece or excuse for family annihilation when the time is right.

Every time I spend I know perfectly well it's going to look like a disgrace in the future. That makes me feel oddly sexy. I particularly enjoy spending the proceeds of a Bcash sale.