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News: Help collect the most notable posts made over the last 10 years.
 
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Question: When will we see a new ATH? (Credit to: Biodom)
2019 - 14 (8.9%)
Early 2020 - 34 (21.7%)
Late 2020 - 47 (29.9%)
Early 2021 - 14 (8.9%)
Late 2021 - 25 (15.9%)
2022 - 4 (2.5%)
2023 - 0 (0%)
2024 - 4 (2.5%)
After 2024 - 3 (1.9%)
Never - 12 (7.6%)
Total Voters: 157

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 21430378 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. (129 posts by 23 users deleted.)
realr0ach
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February 03, 2018, 08:22:55 PM

https://www.youtube.com/watch?v=A22oy8dFjqc

Queen - Live at LIVE AID 1985/07/13 [Best Version]

Simply the best live performance of all time. ..  only can agree... todays "artist" are ...add what you want..' Cheesy Wink

I'm sorry good sir, but the best LIVE AID performance would be Nik Kershaw:

https://www.youtube.com/watch?v=DvsETYRt-9k
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The Bitcoin Forum is turning 10 years old! Join the community in sharing and exploring the notable posts made over the years.
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February 03, 2018, 08:31:44 PM
Merited by conspirosphere.tk (3), RoomBot (2), jbreher (1), Searing (1)

 C:\temp\‏ @BryceElder

Okay, so Bitcoin.
12:47 PM - 3 Feb 2018

Bitcoin is a decentralised currency that is backed by energy that is harvested from traffic on the world wide web, or internet.

It was invented by Satoshi Nakamoto, a developer at Nintendo who mysteriously disappeared in the 1990s. The multiplayer mode in Goldeneye N64, on which he was lead developer, uses a primitive form of Bitcoin to keep track of high scores.

Today, Bitcoin harnesses energy from everyday web traffic and converts it into coin at a rate of about one block every ten minutes. the HTTP you sometimes in the browser address bar stands for "Hash To The Protocol". HTTPS is "Hash To The Protocol (Signed)".

Hackers are constantly trying to guess the block passwords, or "sign" then. But it's very difficult because passwords must be at least 8 characters long and contain one symbol and one uppercase letter.

Whenever a hacker guesses the password, that block is put onto the ledger, or "blockchain", which is an Excel spreadsheet where all the bitcoins are kept. No single user can control the spreadsheet because it is shareware.

Once on the blockchain, Bitcoins can be traded for goods and services or even for other currencies. And because no one except the hacker knows the password, it is totally anonymous.

To own Bitcoin you have to pay a hacker to crack a password. The more demand for Bitcoin, the more the hackers will charge per hour. This is how Bitcoin's price changes with supply and demand.

But as Bitcoin's price rose, people became aware of the environmental cost of producing millions of graphics cards. This is because whenever you give a hacker money he will upgrade his graphics card.

Here's where the story gets more complicated.  And it's the story the MSM won't tell you.

Bitcoin's success has led to the launch of many other "crypto currencies". One is called Tether, which is like Bitcoin except it is backed by US dollars rather than web traffic.

Tether is controlled by a man from Ukraine called Dimitri Bolgakov, who is a hacker. He uses the dollars that are put on the Tether blockchain to buy Bitcoin, which involves paying himself to hack the passwords.

Bolgakov then uses the Bitcoin he has hacked to buy Tether, which generates the dollars needed for him to hack more Bitcoin. (This is all detailed in the Tether white paper.)

You will have seen the recent plunge in the price of Bitcoin. This was triggered by Bolgakov last week upgrading to an NVidia GeForce® GTX 1080 Ti, which can play Quake III in max resolution at 60fps with all the lighting and textures enabled.

Since last week, Bolgakov has been playing Quake III and not buying any Bitcoin.

As of this moment, Bitcoin's biggest investors are gathering in Quake III's Dungeon Zone to try and kill Bolgakov. However, environmentalists are also corralling there with the intention of protecting Bolgakov and suppressing demand for graphics cards.

So far, Bolgakov's superior GPU has given him a speed advantage over all other players.

But there is still one challenger who can take him down.

The Bitcoin community awaits the return of Satoshi Nakamoto.

https://threadreaderapp.com/thread/959770192107601920.html
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February 03, 2018, 08:36:12 PM

The Bitcoin community awaits the return of Satoshi Nakamoto.

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February 03, 2018, 08:42:00 PM



Sounds like a great guy to have at a Crypto party.

Today a young family member asked if she should invest in crypto.
I told her she should only invest what she can afford to lose. But I wish her more luck with it than I have had or will potentially have. She deserves a break as she has been through hell recently.

Unfortunately she doesn't have access to invest in the amazing Paul Krugman economics investments that are available.
Perhaps Paul Krugman should realise not only Trump supporters and the people he thinks he hates so much because of his uninformed interpretation of opinions and personal situations are interested in this.

But I do hope he continues to waste his time hating on Twitter if he is that bitter and hateful.
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February 03, 2018, 08:46:52 PM

You will have seen the recent plunge in the price of Bitcoin. This was triggered by Bolgakov last week upgrading to an NVidia GeForce® GTX 1080 Ti, which can play Quake III in max resolution at 60fps with all the lighting and textures enabled.


ROTFL! Thx for this.
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February 03, 2018, 08:48:34 PM

The Bitcoin community awaits the return of Satoshi Nakamoto.



Looks like he is old enough to have been a gold miner.
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February 03, 2018, 08:53:13 PM

Going down again, just hovering above 9k
Yes, there isn't real signs of a consistent recovery.

I sniff either another dump or a bull trap on the track, before a recovery around 13k.

I sniff a long boring sideways until everyone stops posting because they're so bored.
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February 03, 2018, 08:55:13 PM

Yes, there isn't real signs of a consistent recovery.

I sniff either another dump or a bull trap on the track, before a recovery around 13k.


No sign you say? Wait and see.



What do see oh great one?.
No seriously, what do you see?
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February 03, 2018, 08:56:16 PM

2 hour mem pool is showing green shoots.  Could be a statisical anomaly due to low block speed but I like the look of it.  At least it’s not falling right now.
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February 03, 2018, 08:59:56 PM
Merited by flynn (1)

Going down again, just hovering above 9k
Yes, there isn't real signs of a consistent recovery.

I sniff either another dump or a bull trap on the track, before a recovery around 13k.

I sniff a long boring sideways until everyone stops posting because they're so bored.
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February 03, 2018, 09:05:20 PM
Merited by Last of the V8s (1), fragout (1)

Yes, there isn't real signs of a consistent recovery.

I sniff either another dump or a bull trap on the track, before a recovery around 13k.


No sign you say? Wait and see.



What do see oh great one?.
No seriously, what do you see?

I see a bounce up 20% from the yesterday's bottom, RSI still not overbought, StochRSI still down, price in the middle of Bollinger Bands on the 30 minutes-4hours charts, and above all not one single fundamental reason why BTC should be now cheaper than 1 month ago.
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February 03, 2018, 09:06:19 PM

snip/

So far, Bolgakov's superior GPU has given him a speed advantage over all other players.

But there is still one challenger who can take him down.

The Bitcoin community awaits the return of Satoshi Nakamoto.

https://threadreaderapp.com/thread/959770192107601920.html

5/7 would read again
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February 03, 2018, 09:10:04 PM



Sounds like a great guy to have at a Crypto party.

Today a young family member asked if she should invest in crypto.
I told her she should only invest what she can afford to lose. But I wish her more luck with it than I have had or will potentially have. She deserves a break as she has been through hell recently.

Unfortunately she doesn't have access to invest in the amazing Paul Krugman economics investments that are available.
Perhaps Paul Krugman should realise not only Trump supporters and the people he thinks he hates so much because of his uninformed interpretation of opinions and personal situations are interested in this.

But I do hope he continues to waste his time hating on Twitter if he is that bitter and hateful.

I find it interesting that a nobel prize winner in economics...takes such glee and interest, in bitcoin and crypto failing big time. Seems a lot of time and effort and emotion,

for something that is never gonna fly off the ground anyway. (I think maybe he protests too much..and ...again so emotional!)



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February 03, 2018, 09:16:00 PM
Merited by Searing (1), yefi (1), Torque (1)

Bitcoin is a fundamental threat to Paul Krugman’s identity.  He identifies with the beneficent guiding hand of the central bank. Bitcoin attacks his ideals and therefore is a direct attack on him.

It is only natural that he should take pleasure in defeat of such a great threat.  Thank goodness Bitcoin is now dead.
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February 03, 2018, 10:06:39 PM

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February 03, 2018, 10:07:19 PM


[img width=554]https://i.imgur.com/Nb6Ihimg]

this arsehole is happy when people lose money? and he thinks bitcoiners are nasty and crazy?

he clearly hasn't met eth-heads, btrash-butthurts or ripple-fanboys yet. or the worst of all: iota disciples...
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February 03, 2018, 10:12:23 PM

This is a good sign.

https://cointelegraph.com/news/canada-regulators-approve-countrys-first-blockchain-etf
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February 03, 2018, 10:17:45 PM


"The fund ... is focused on large and small-scale Blockchain corporations."

Merp?
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February 03, 2018, 10:21:39 PM


"The fund ... is focused on large and small-scale Blockchain corporations."

Merp?

"Every conversation we are having with clients – regardless if we are talking about a Canadian equities product or a U.S. equity product – inevitably leads to [a discussion about] blockchain or bitcoin," Karl Cheong, head of ETFs for First Trust Portfolios Canada, told the Globe and Mail.
 ...

More links:
https://www.coindesk.com/canada-approves-countrys-first-blockchain-etf/
https://www.newswire.ca/news-releases/evolve-etfs-announces-filing-of-preliminary-prospectus-for-actively-managed-blockchain-etf-672329943.html
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February 03, 2018, 10:28:50 PM
Merited by sirazimuth (5)

no this
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