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

[AlcoHoDL]

It's an interesting dilemma. Anyone with under a couple hundred bucks in Bitcoin is suddenly helpless to spend it.

This is interesting indeed. Lemme get my TREZOR out to check...

(secretly opens vault using combination from body-embedded RFID chip, takes TREZOR Slave Device #17, plugs to PC)

OK, I've just checked it:

High Fee:
Expected confirmation time: 20 minutes
Fee: 24.30 USD

Normal Fee:
Expected confirmation time: 1 hour
Fee: 23.10 USD

Economy Fee:
Expected confirmation time: 5 hours 30 minutes
Fee: 14.13 USD

Low Fee:
Expected confirmation time: 2 days 8 hours 10 minutes
Fee: 2.70 USD

Not great, certainly not coffee-capable, but not as bad as triple-digit fees... Also, on that TREZOR, the INPUTS are few and very large, so that helps lower the fees.

Oh, I forgot to mention that this transaction is to a SegWit address!

[TruBitMil]

Well at least you guys are giving me a good laugh 

Thanks

[Gab0]

Fees Up / Price Down  

so only "the rich" can cash-out if they want?

If you listen to this debate posted yesterday. You will hear a Core member telling you Bitcoin is working well for institutions and large investors. This is not FUD it is a fact in the interview.

The Debate Within Bitcoin: Jameson Lopp vs. Roger Ver on Bitcoin and Bitcoin Cash

https://www.youtube.com/watch?v=jEBkdCdj4FQ

Bitcoin for people unbanked of the world?, fuck off.
Bitcoin is the new decentralized toy for the oligarchy.

[Rosewater Foundation]

It's an interesting dilemma. Anyone with under a couple hundred bucks in Bitcoin is suddenly helpless to spend it.

This is interesting indeed. Lemme get my TREZOR out to check...

(secretly opens vault using combination from body-embedded RFID chip, takes TREZOR Slave Device #17, plugs to PC)

OK, I've just checked it:

High Fee:
Expected confirmation time: 20 minutes
Fee: 24.30 USD

Normal Fee:
Expected confirmation time: 1 hour
Fee: 23.10 USD

Economy Fee:
Expected confirmation time: 5 hours 30 minutes
Fee: 14.13 USD

Low Fee:
Expected confirmation time: 2 days 8 hours 10 minutes
Fee: 2.70 USD

Not great, but not as bad as triple-digit fees...

Electrum high fee is over a hundred bucks.

[HanvanBitcoin]

Atleast we got snowflakes on cryptowatch 

https://cryptowat.ch/kraken/btceur

[AlcoHoDL]

It's an interesting dilemma. Anyone with under a couple hundred bucks in Bitcoin is suddenly helpless to spend it.

This is interesting indeed. Lemme get my TREZOR out to check...

(secretly opens vault using combination from body-embedded RFID chip, takes TREZOR Slave Device #17, plugs to PC)

OK, I've just checked it:

High Fee:
Expected confirmation time: 20 minutes
Fee: 24.30 USD

Normal Fee:
Expected confirmation time: 1 hour
Fee: 23.10 USD

Economy Fee:
Expected confirmation time: 5 hours 30 minutes
Fee: 14.13 USD

Low Fee:
Expected confirmation time: 2 days 8 hours 10 minutes
Fee: 2.70 USD

Not great, but not as bad as triple-digit fees...

Electrum high fee is over a hundred bucks.

Forgot to mention that this transaction is to a SegWit address! Edited my post to include this.

[jojo69]

Atleast we got snowflakes on cryptowatch 

https://cryptowat.ch/kraken/btceur

oh hey

those are nice...festive

[AlcoHoDL]

Atleast we got snowflakes on cryptowatch 

https://cryptowat.ch/kraken/btceur

They're cute, but I disabled them because they were slowing down my old PC... Too poor to upgrade. Especially now... 

[OWZ1337]

Atleast we got snowflakes on cryptowatch 

https://cryptowat.ch/kraken/btceur

oh hey

those are nice...festive

BYTECASH huge steroidal gorillas are loose :-D weeeee

https://poloniex.com/exchange#btc_bcn

[Peter R]

Any vets out there caring to calm my nerves with some words of wisdom?

The market is waking up the fact that BTC is digital gold designed to be held and not spent -- that high fees and transaction friction are a feature and not a bug.  The market may reprice BTC as a result.  

My advice as a veteran since $49 is to take some profit if you're well into the green to soothe your nerves, and to make sure you hold at least 1 BCH for every 1 BTC you hold.

[European Central Bank]

 My advice as a veteran since $49 is to take some profit if you're well into the green to soothe your nerves, and to make sure you hold at least 1 BCH for every 1 BTC you hold.

you sure your advice isn't coming from an ever so slightly different angle? just curious.

[RejectedBanana]

NICE. Instant classic:

https://youtu.be/UG7zLhEWanc

Remy - Bitcoin Billionaire

"Opposing forks like a Chinese restaurant" haha

[BTCMILLIONAIRE]

http://bitcoinist.com/cnbc-collusion-roger-ver-bcash/

Mainstream news network CNBC is under intense scrutiny as evidence emerges its senior staff used connections to plug Bitcoin Cash (BCH).

He foreseen this back in 2013 now BCH will be the NEXT MT.GOX.
https://youtu.be/UP1YsMlrfF0

This ain't even about Ver anymore. The corporate community is coming together in perfect harmony to bamboozle people into BCH.

This will ultimately decide if people learned from history or if the masses are still brainded morons who will happily bend over for a single bone before they get boned.

[BTCMILLIONAIRE]

Any vets out there caring to calm my nerves with some words of wisdom?

The market is waking up the fact that BTC is digital gold designed to be held and not spent -- that high fees and transaction friction are a feature and not a bug.  The market may reprice BTC as a result.  

My advice as a veteran since $49 is to take some profit if you're well into the green to soothe your nerves, and to make sure you hold at least 1 BCH for every 1 BTC you hold.

Don't hold BCH. Peter is a shill.

And not even a good one.

[mymenace]

Any vets out there caring to calm my nerves with some words of wisdom?

The market is waking up the fact that BTC is digital gold designed to be held and not spent -- that high fees and transaction friction are a feature and not a bug.  The market may reprice BTC as a result.  

My advice as a veteran since $49 is to take some profit if you're well into the green to soothe your nerves, and to make sure you hold at least 1 BCH for every 1 BTC you hold.

Don't hold BCH. Peter is a shill.

And not even a good one.

Bcash insider trading on coinbase causes fear in btc market

Bcash shills try to crash btc

Hold All

let the blood run

[jbreher]

The EDA worked exactly as intended, allowing Bcash to be pre-mined under everyone’s noses.  

No. The commonly accepted definition for 'premine' includes exclusive access to mining by permissioned parties only. The Bitcoin Cash mining was always completely open.

Why don't you shill for bglod for a while. Do us all a solid.

Before Bglod launched, I announced thusly:

'and Bitcoin Gold can just fuck off'.

For all your fancy talk...You really have nothing to say.

Other than correcting misinformation, you mean?

[nikauforest]

 My advice as a veteran since $49 is to take some profit if you're well into the green to soothe your nerves, and to make sure you hold at least 1 BCH for every 1 BTC you hold.

you sure your advice isn't coming from an ever so slightly different angle? just curious.

I think this is good advice 1 BCH for every 1 BTC.

[Rosewater Foundation]

Any vets out there caring to calm my nerves with some words of wisdom?

The market is waking up the fact that BTC is digital gold designed to be held and not spent -- that high fees and transaction friction are a feature and not a bug.  The market may reprice BTC as a result.  

My advice as a veteran since $49 is to take some profit if you're well into the green to soothe your nerves, and to make sure you hold at least 1 BCH for every 1 BTC you hold.

Don't hold BCH. Peter is a shill.

And not even a good one.

One of the architects of the bamboozle. The shilling is left to Jbear, because he talks fancy.

[BTCMILLIONAIRE]

 My advice as a veteran since $49 is to take some profit if you're well into the green to soothe your nerves, and to make sure you hold at least 1 BCH for every 1 BTC you hold.

you sure your advice isn't coming from an ever so slightly different angle? just curious.

I think this is good advice 1 BCH for every 1 BTC.

Maybe if you don't understand what is happening.

[ragnar0k]

My advice as a veteran since $49 is to take some profit if you're well into the green to soothe your nerves, and to make sure you hold at least 1 BCH for every 1 BTC you hold.

you sure your advice isn't coming from an ever so slightly different angle? just curious.

I think this is good advice 1 BCH for every 1 BTC.

You can be out of the market in a second! I sold a little tiny bit though (like, 1%), just to enjoy the holidays without panic watching blockfolio every 2 secs