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

[Elwar]

Random Anecdote - 1%'er Edition: Recently wired $500k from an exchange from the sale I did @ $14.5k to one of my financial institutions, and ran into a bit of a snag.

I was looking to wire that $500k to another financial institution that is setting up my retirement package/plan.

Turns out financial institution that I wired the funds to initially, only allows $100k wire transfers out, per day.

"Sheeit."

So I type up a nice pleasant message to customer service, and CC my account manager, and am all like "Howdy folks. I'm preparing for retirement, and going to be moving a lot of money around ahead of that. Can I have my transfer limits increased to $1M per day ?"

Few hours later, I get back a really freaking super chill and nice response back from customer service essentially saying "Hey Bob. First off thanks for being such a great customer for such a long time and trusting us with your fiatcoin. We looked over your account, and yeah bro, $100k is the limit for online stuff. You can walk into any branch and have them do the full wire transfer for you in one go. We just can't do that shit online for security, and stuff, yo."

Duh.

I'll visit the branch on Tuesday and have 'em just wire out the full amount to my other institution.

Banking is such a silly thing.

Biggest problem with Bitcoin is always its interaction with fiatcoin.

[Elwar]

It's 'bout fkn time:

https://twitter.com/brian_armstrong/status/951869357931425792

I guess it only took a signed petition and threats of a Coinbase boycott for this genius to figure it out. 

I finally got a Trezor mainly because it seemed like the easiest way to put my money in a Segwit wallet. Plus I opened my blockchain.info wallet on my phone one day and it had over $1m on it (forgot that I synched it a while back).

[Toxic2040]

Waiting for the Random Anecdote - .01%'er Edition.

[JayJuanGee]

Waiting for the Random Anecdote - .01%'er Edition.

"Problem" with Bob seems that he is a newly rich 1%-er, who could likely transform into a .01%, depending in part on BTC/crypto price performance, yet Bob is still a bit goofy "like one of us" - a little bit.   

[Deeyoh]

Haha, Bob.. PM me one of your old Private keys so I can grab the bitcoin diamonds

[bones261]

I know this is off topic, but it appears someone spammed the BCH mempool, recently. It appears some of the pools are electing to only mine 1MB blocks, others 2MB blocks and a couple the full 8 MB blocks.  

https://cash.coin.dance/blocks
https://jochen-hoenicke.de/queue/cash/#24h

What's the point of having big blocks when one of the mystery miners will only mine 1MB blocks?

[Toxic2040]

Waiting for the Random Anecdote - .01%'er Edition.

If any of the projections for valuation of BTC/USD around the 2020 timeframe come true, the long-term gains tax on the sale of 1 BTC would likely be more than most people would take home in a year from their jobs.

Gentlemen problem's right?

"Problem" with Bob seems that he is a newly rich 1%-er, who could likely transform into a .01%, depending in part on BTC/crypto price performance, yet Bob is still a bit goofy "like one of us" - a little bit.   

Seven figure plus checks dont come around all that often..I'll admit I bounced around like a mad hare first time I saw one with my name on it. Bob's fine..he still dealing with that post coitus glow of ahhh...I CAN see light at the end of the tunnel.

[jojo69]

It's 'bout fkn time:

https://twitter.com/brian_armstrong/status/951869357931425792

I guess it only took a signed petition and threats of a Coinbase boycott for this genius to figure it out. 

what's with all the digibyte chatter in the comments?

[somac.]

It's 'bout fkn time:

https://twitter.com/brian_armstrong/status/951869357931425792

I guess it only took a signed petition and threats of a Coinbase boycott for this genius to figure it out. 

Hells yeah, I was getting really pissed at these arseholes. Maybe they have decided to stop biting the hand that feeds them. These pricks should be doing everything to support BTC, not trying to ruin it out of some kind of childish spite. I hope their attitude is changing.

[HairyMaclairy]

I know this is off topic, but it appears someone spammed the BCH mempool, recently. It appears some of the pools are electing to only mine 1MB blocks, others 2MB blocks and a couple the full 8 MB blocks.  

https://cash.coin.dance/blocks
https://jochen-hoenicke.de/queue/cash/#24h

What's the point of having big blocks when one of the mystery miners will only mine 1MB blocks?

Let’s start a campaign for bigger Bcash blocks.

Somac:  don’t bet on it.  They are crooks.

[jojo69]

Let’s start a campaign for bigger Bcash blocks.

why even have a limit?  let's put pornhub on the blockchain

[bones261]

It's 'bout fkn time:

https://twitter.com/brian_armstrong/status/951869357931425792

I guess it only took a signed petition and threats of a Coinbase boycott for this genius to figure it out. 

Hells yeah, I was getting really pissed at these arseholes. Maybe they have decided to stop biting the hand that feeds them. These pricks should be doing everything to support BTC, not trying to ruin it out of some kind of childish spite. I hope their attitude is changing.

It's probably self preservation. Their poor UTXO managment has rendered many of their inputs as basically unspendable.

[HairyMaclairy]

Let’s start a campaign for bigger Bcash blocks.

why even have a limit?  let's put pornhub on the blockchain

Raiblocks are free. Let’s put YouTube on Rai.

[somac.]

Somac:  don’t bet on it.  They are crooks.

Yeah, I do see they didn't mention a date of implementation.

It's probably self preservation. Their poor UTXO managment has rendered many of their inputs as basically unspendable.

What ever the reason, it will help.

[AlexGR]

I know this is off topic, but it appears someone spammed the BCH mempool, recently. It appears some of the pools are electing to only mine 1MB blocks, others 2MB blocks and a couple the full 8 MB blocks.  

https://cash.coin.dance/blocks
https://jochen-hoenicke.de/queue/cash/#24h

What's the point of having big blocks when one of the mystery miners will only mine 1MB blocks?

Lol... with 50-250$ you can fill a BCH block (from 2 to 8mb) with spam...

https://i.imgur.com/dI2BTQX.png

Not unexpected really...

[bonipper]

Let’s start a campaign for bigger Bcash blocks.

why even have a limit?  let's put pornhub on the blockchain

Spank coin's already doing it.

[bones261]

Let’s start a campaign for bigger Bcash blocks.

why even have a limit?  let's put pornhub on the blockchain

I can't seem to find the web page that will help me construct transactions with text and picture. Anyone have the link?

[OWZ1337]

Let’s start a campaign for bigger Bcash blocks.

why even have a limit?  let's put pornhub on the blockchain

I can't seem to find the web page that will help me construct transactions with text and picture. Anyone have the link?

 

[jojo69]

I can't seem to find the web page that will help me construct transactions with text and picture. Anyone have the link?

OMFG  for like $270/block?  make it so!  I'll do the first 4 blocks myself I swear to god

[HairyMaclairy]

Finally the attempt at the weekend dump.  Well behind schedule.

Let’s see if it can get anywhere.