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Question: When will BTC get back above $70K:
7/14 - 0 (0%)
7/21 - 1 (0.8%)
7/28 - 11 (9.1%)
8/4 - 16 (13.2%)
8/11 - 7 (5.8%)
8/18 - 6 (5%)
8/25 - 8 (6.6%)
After August - 72 (59.5%)
Total Voters: 121

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26483801 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (174 posts by 3 users with 9 merit deleted.)
jojo69
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January 16, 2018, 01:47:19 AM

that...would be a lower low

perhaps momentary tape painting...remains to be seen
Heater
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January 16, 2018, 01:49:56 AM


Yes, bitcoin is death indeed Smiley

Was the death of my 'wage slave' job, I retired yesterday Jan 14th...all due to BTC....living on mining revenue and in HODL mode on BTC and other cryptos...

Spent today, puttering around the house doing chores....been a wage slave so long..kinda clueless on how to approach this...retiring early stuff...

kinda surreal in fact...., on what to do...I've no clue, yet, in that, once you wake up retired...everything suddenly is OPTIONAL..you need to do that day!

....clueless presently...but I'll figure it out!



Congrats. I will be joining you soon.
Searing
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January 16, 2018, 01:50:22 AM


Yes, bitcoin is death indeed Smiley

Was the death of my 'wage slave' job, I retired yesterday Jan 14th...all due to BTC....living on mining revenue and in HODL mode on BTC and other cryptos...

Spent today, puttering around the house doing chores....been a wage slave so long..kinda clueless on how to approach this...retiring early stuff...

kinda surreal in fact...., on what to do...I've no clue, yet, in that, once you wake up retired...everything suddenly is OPTIONAL..you need to do that day!

....clueless presently...but I'll figure it out!
I'm sure you will.
Congrats on making it Searing!  Smiley

I have likely, cursed all crypto to going Tulips..by my actions in retirement....thus, if so, sorry about that...(its all about me damn it) Smiley

OWZ1337
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January 16, 2018, 01:53:36 AM


Yes, bitcoin is death indeed Smiley

Was the death of my 'wage slave' job, I retired yesterday Jan 14th...all due to BTC....living on mining revenue and in HODL mode on BTC and other cryptos...

Spent today, puttering around the house doing chores....been a wage slave so long..kinda clueless on how to approach this...retiring early stuff...

kinda surreal in fact...., on what to do...I've no clue, yet, in that, once you wake up retired...everything suddenly is OPTIONAL..you need to do that day!

....clueless presently...but I'll figure it out!
I'm sure you will.
Congrats on making it Searing!  Smiley

I have likely, cursed all crypto to going Tulips..by my actions in retirement....thus, if so, sorry about that...(its all about me damn it) Smiley




crypto getting dumped because of greed, hoarding and n00b stupidity
imo ~ if we gin up some real community things can change..rite now idk :-D  \\\$9000 inkoming?
El duderino_
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January 16, 2018, 02:00:31 AM

Breaking 24777$ prediction game      FINAL LIST       

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18/12/2021 luckygenough56

UPDATE     AND GOOD LUCK
HairyMaclairy
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January 16, 2018, 02:26:02 AM

that...would be a lower low

perhaps momentary tape painting...remains to be seen


I will be looking for a bit of a bounce coming out of the US bank holiday. If we don’t get that then I might need to recalibrate my expectations a bit.
JayJuanGee
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January 16, 2018, 02:29:01 AM

that...would be a lower low

perhaps momentary tape painting...remains to be seen


Means that we be going down?    

if so:    Cry Cry Cry


Except some of us be taking advantage of such and buying some more:    Cheesy Cheesy      right? Wink  



that...would be a lower low

perhaps momentary tape painting...remains to be seen


I will be looking for a bit of a bounce coming out of the US bank holiday. If we don’t get that then I might need to recalibrate my expectations a bit.

Fair enough!!!!!!
OWZ1337
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January 16, 2018, 02:34:12 AM

that...would be a lower low

perhaps momentary tape painting...remains to be seen


Means that we be going down?    

if so:    Cry Cry Cry


Except some of us be taking advantage of such and buying some more:    Cheesy Cheesy      right? Wink  

if cryptolocker(extortionist software) is hacked >_> bitcoin crashes to zero? :-D lol
JayJuanGee
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January 16, 2018, 02:40:03 AM

that...would be a lower low

perhaps momentary tape painting...remains to be seen


Means that we be going down?    

if so:    Cry Cry Cry


Except some of us be taking advantage of such and buying some more:    Cheesy Cheesy      right? Wink  

if cryptolocker(extortionist software) is hacked >_> bitcoin crashes to zero? :-D lol


I don't understand how you come to any of your implied conclusions.  1) there is some kind direct negative correlation with cryptolocker and btc price, or 2) such supposed negative correlation would drive btc prices to zero  - and even if your underlying logic is correct, what are the odds, like .00001%   ... Why would we spend more than a fraction of a second (which surely is less time than I spent to write this inquiry post) considering some baloney .00001% odds event(s)?
conspirosphere.tk
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January 16, 2018, 02:45:17 AM



OWZ1337
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January 16, 2018, 02:47:53 AM

that...would be a lower low

perhaps momentary tape painting...remains to be seen


Means that we be going down?    

if so:    Cry Cry Cry


Except some of us be taking advantage of such and buying some more:    Cheesy Cheesy      right? Wink  

if cryptolocker(extortionist software) is hacked >_> bitcoin crashes to zero? :-D lol


I don't understand how you come to any of your implied conclusions.  1) there is some kind direct negative correlation with cryptolocker and btc price, or 2) such supposed negative correlation would drive btc prices to zero  - and even if your underlying logic is correct, what are the odds, like .00001%   ... Why would we spend more than a fraction of a second (which surely is less time than I spent to write this inquiry post) considering some baloney .00001% odds event(s)?


one theory is that EVERYONE is wrong and that is the ONLY thing driving the price up..  Wink  ha ~ just a thought...prolly way off*
HairyMaclairy
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January 16, 2018, 02:56:33 AM

BTC dominance 34% and rising. 

Grinding the alts to dust would be a helpful outcome. 
OWZ1337
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January 16, 2018, 03:01:47 AM

BTC dominance 34% and rising.  

Grinding the alts to dust would be a helpful outcome.  

alts' kool aid are what drive bitcoin hype..just turn on youtube if you don't believe me  Kiss weee
HairyMaclairy
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January 16, 2018, 03:26:27 AM

Yes the sort of people who log on and buy whatever the troll box is yelling.
Bloomie
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January 16, 2018, 03:37:59 AM

Don't even get me started on some of those youtube accounts. Like those 3 douchenozzles that made their money flipping cars and are suddenly crypto experts and telling people to buy shitcoins like paccoin. When will people stop falling for pump and dump schemes? Bitcoin is king.
jbreher
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lose: unfind ... loose: untight


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January 16, 2018, 03:39:53 AM

Do you claim that every BTC user runs a fully-validating, non-mining wallet client (often erroneously referred to as a 'full node')? Do you claim that no BCH user runs a fully-validating, non-mining wallet client? If the answers respectively are not 'yes' and 'yes', then I fail to see what your point is. Neither is purely peer-to-peer, and neither is purely client-server.

Per your rationale, if BTC, say, has 20.000 nodes and BCH has 20 nodes, they are the same, in their neither being pure p2p or pure client/server... yet, if you aren't intellectually dishonest, you realize that there is a big quality difference.

Of course jbreher's being intellectually rogueish. He's smart enough to know better.

Smart enough to know that nobody of 'normal' means that truly wants to run a fully-validating, non-mining wallet client -- be it BTC or BCH -- is unable to do so.
But but... farmers in Africa?
But but... the democratic finance that Ver says he dreams of, while Bitcoin forgot it and it's only for the elites?

It's the same concept at the basis of PoW: Working must be hard, checking must be easy. And stay easy.

So what is your point here? Do you assert that farmers in Africa are able to run a fully-validating, non-mining wallet client for BTC are fully able to, but are utterly unable to do so for BCH?
JayJuanGee
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January 16, 2018, 03:48:12 AM

that...would be a lower low

perhaps momentary tape painting...remains to be seen


Means that we be going down?    

if so:    Cry Cry Cry


Except some of us be taking advantage of such and buying some more:    Cheesy Cheesy      right? Wink  

if cryptolocker(extortionist software) is hacked >_> bitcoin crashes to zero? :-D lol





I don't understand how you come to any of your implied conclusions.  1) there is some kind direct negative correlation with cryptolocker and btc price, or 2) such supposed negative correlation would drive btc prices to zero  - and even if your underlying logic is correct, what are the odds, like .00001%   ... Why would we spend more than a fraction of a second (which surely is less time than I spent to write this inquiry post) considering some baloney .00001% odds event(s)?


one theory is that EVERYONE is wrong and that is the ONLY thing driving the price up..  Wink  ha ~ just a thought...prolly way off*


That is one of the goofiest fucking theories that I have ever heard.   Roll Eyes Roll Eyes


Heater
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January 16, 2018, 03:56:13 AM
Last edit: January 16, 2018, 04:36:35 AM by Heater

Don't even get me started on some of those youtube accounts. Like those 3 douchenozzles that made their money flipping cars and are suddenly crypto experts and telling people to buy shitcoins like paccoin. When will people stop falling for pump and dump schemes? Bitcoin is king.

Speaking of good old Paccoin, it seems to be in a bit of trouble at the moment. POS is a minefield:

https://bitcointalk.org/index.php?topic=331394.msg28187000#msg28187000


Quote
the chain is constantly forking which is a huge problem. The forks are caused by a flaw in the SetBestChain logic. PoS blocks of a lower height (aka. blocks that should be less trustworthy and rejected) are being accepted as valid and erasing valid PoW, PoS, and transactions. The net effect is that work is being lost / wasted while older PoS account are benefiting from a reduced coin supply and the ability to wipe out, in some cases, hours or work by other miners. Worse, transactions are being lost into the void. If you scan the block chain manually you can find plenty of transactions that were sent on one chain, then overwritten, and are currently sitting in the chain with 0 confirms despite being valid transactions because they were eaten on a fork. I've seen some for well over a million PAC get lost to the void -- which is a MASSIVE problem.
jojo69
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January 16, 2018, 04:07:27 AM

^ THAT sounds like a shit show
LewisPirenne
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January 16, 2018, 04:40:53 AM

I thought the "Nothing-at-Stake" problem is well understood by now, i.e. large PoS stakeholder will just "mine" every fork since it cost zilch to do so.  So people falling that kind of scam, thinking that they would be earning "interest" from doing nothing is going to get screwed by the whales.
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