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

[bitserve]

Why are we talking about likes like it was some kind of goddamn science 

That's the beauty of artificial scarcity... Yep, it does even apply to "likes" it seems.

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[pfrtlpfmpf]

Why are we talking about likes like it was some kind of goddamn science  

I`ll tell you the truth. I never gave a "like" to anybody in my life, i´m a smartphone, facebook, twitter agnostic. A dying species.
I wouldn´t know how to give a "like", even if i wanted to, that´s why i´m puzzled with merits.
Bear with me !  

But i understand crypto, and that´s what counts !

[Icygreen]

Reality is: bitcointalk was getting more popular but shittier posts were filling page after page. The merit system was to encourage posters to have "merit-able" posts and contribute more to the community.  For now its just hot air with no incentive beyond leveling up like in a video game.  If you've got something good to say or have some entertainment value, yeah, we will read it.   

I say we tokenize merits with some real world value. That would get the ball rolling in here. Steemit? Or since we're a BTC community, maybe we could open a channel on the LN network and issue xxx Satoshi's instead of WOsMerits?  I'm sure we could get donations for such a cause.
I'm actually surprised this doesn't already exist here.  Anyone talented at drafting proposals?
 
 

[yefi]

I don’t buy and hold shitcoins.  5 hours is a long term hold for a shitcoin. On average, I profit on shitcoins.  Sometimes I make mistakes but I cut them the moment they show weakness.  Example:  I follow Charlie Lee on twitter and bought Nano when his tweet came out.  I exited with a 5% profit.  It ended going a lot higher but I’m not ashamed to take a small profit immediately. 

On the other hand I have bitcoin I bought 4 years ago and haven’t touched.  Different asset classes, different trading strategies.  

If you're interested in shitcoins, then you can improve your stack by 1/2% by selling Lightning Bitcoin (LBTC), which is one of the latest Bitcoin forks. You can find OTC offers on /r/BitcoinAirdropsTrades/

If you haven't sold your Bitcoin Pay (BTP), that's also remarkably holding around 1/2% on the BitPie exchange.

The next possible moneymaker could be Bitcoin Private (BTCP) that's a merged fork of BTC and ZCL.

[bitserve]

Reality is: bitcointalk was getting more popular but shittier posts were filling page after page. The merit system was to encourage posters to have "merit-able" posts and contribute more to the community.  For now its just hot air with no incentive beyond leveling up like in a video game.  If you've got something good to say or have some entertainment value, yeah, we will read it.  

I say we tokenize merits with some real world value. That would get the ball rolling in here. Steemit? Or since we're a BTC community, maybe we could open a channel on the LN network and issue xxx Satoshi's instead of WOsMerits?  I'm sure we could get donations for such a cause.
I'm actually surprised this doesn't already exist here.  Anyone talented at drafting proposals?
  
 

Yeah, let's do a whitepaper and an ICO lol

Seriously now, I think the Merit system is working but the effects will take some time to notice. Here in the WO we are somewhat inmune to what happens in most of the rest of BT. Pointless shitposts are everywhere. They just open hundreds of pointless new threads like:

- Will Bitcoin go up or down?
- Will Bitcoin reach 12K in two weeks?
- Why is Bitcoin going up?
- Why is Bitcoin going down?
- Why is Bitcoin not going up?
- Why is Bitcoin not going down?
- Why is Bitcoin not going up or down?
- etc etc...

A full fucking thread for each of those pointless questions.... and then, you see tens of pointless posts "answering" the question with absolutely no real reasoning. Everything to increase the post/activity count to rank up and join signature campaigns.

It's disgusting.

Maybe now, when they start to notice their previous modus operandi is not giving them the expected results (rank up) they will back off and the number of pointless shitposts will reduce significantly.

Yeah, here we do also have our own offtopic, sometimes even pointless but humorous posts, but it is all mostly done in good faith and not just for the sake of increasing post count.

I don't really think there is a need to incentivise the "accumulation" of Merits. It's usefulness is more as a deterrent for shitposters to keep with their (now) pointless activity than for regular good standing members to seek them for really no reason.

Also, if Merit had any real "value" people would start trading them.... overriding it's intended purpose.

[bitserve]

I don’t buy and hold shitcoins.  5 hours is a long term hold for a shitcoin. On average, I profit on shitcoins.  Sometimes I make mistakes but I cut them the moment they show weakness.  Example:  I follow Charlie Lee on twitter and bought Nano when his tweet came out.  I exited with a 5% profit.  It ended going a lot higher but I’m not ashamed to take a small profit immediately.  

On the other hand I have bitcoin I bought 4 years ago and haven’t touched.  Different asset classes, different trading strategies.  

If you're interested in shitcoins, then you can improve your stack by 1/2% by selling Lightning Bitcoin (LBTC), which is one of the latest Bitcoin forks. You can find OTC offers on /r/BitcoinAirdropsTrades/

If you haven't sold your Bitcoin Pay (BTP), that's also remarkably holding around 1/2% on the BitPie exchange.

The next possible moneymaker could be Bitcoin Private (BTCP) that's a merged fork of BTC and ZCL.

Really? 1-2% over the full stash is SOME significant money.

What other forks have you already claimed?

I have claimed BCH and BTG only. Forks I mean... airdrops like Byteball, Stellar and CLAMS I did too.

[pfrtlpfmpf]

I don’t buy and hold shitcoins.  5 hours is a long term hold for a shitcoin. On average, I profit on shitcoins.  Sometimes I make mistakes but I cut them the moment they show weakness.  Example:  I follow Charlie Lee on twitter and bought Nano when his tweet came out.  I exited with a 5% profit.  It ended going a lot higher but I’m not ashamed to take a small profit immediately.  

On the other hand I have bitcoin I bought 4 years ago and haven’t touched.  Different asset classes, different trading strategies.  

If you're interested in shitcoins, then you can improve your stack by 1/2% by selling Lightning Bitcoin (LBTC), which is one of the latest Bitcoin forks. You can find OTC offers on /r/BitcoinAirdropsTrades/

If you haven't sold your Bitcoin Pay (BTP), that's also remarkably holding around 1/2% on the BitPie exchange.

The next possible moneymaker could be Bitcoin Private (BTCP) that's a merged fork of BTC and ZCL.

Oh no, i just finished Diamond and Superbitcoin, was complicated enough, so i have to generate another new Electrum Wallet, with password and seed again, my spouse doesn´t believe the life that i have.

[bitserve]

I don’t buy and hold shitcoins.  5 hours is a long term hold for a shitcoin. On average, I profit on shitcoins.  Sometimes I make mistakes but I cut them the moment they show weakness.  Example:  I follow Charlie Lee on twitter and bought Nano when his tweet came out.  I exited with a 5% profit.  It ended going a lot higher but I’m not ashamed to take a small profit immediately. 

On the other hand I have bitcoin I bought 4 years ago and haven’t touched.  Different asset classes, different trading strategies.  

If you're interested in shitcoins, then you can improve your stack by 1/2% by selling Lightning Bitcoin (LBTC), which is one of the latest Bitcoin forks. You can find OTC offers on /r/BitcoinAirdropsTrades/

If you haven't sold your Bitcoin Pay (BTP), that's also remarkably holding around 1/2% on the BitPie exchange.

The next possible moneymaker could be Bitcoin Private (BTCP) that's a merged fork of BTC and ZCL.

Oh no, i just finished Diamond and Superbitcoin, was complicated enough, so i have to generate another new Electrum Wallet, with password and seed again, my spouse doesn´t believe the life that i have.
Frankly, me neither.

HOw much did you get for Diamond and SuperBitcoin? And what's the best exchange to trade them?

[Icygreen]

Reality is: bitcointalk was getting more popular but shittier posts were filling page after page. The merit system was to encourage posters to have "merit-able" posts and contribute more to the community.  For now its just hot air with no incentive beyond leveling up like in a video game.  If you've got something good to say or have some entertainment value, yeah, we will read it.  

I say we tokenize merits with some real world value. That would get the ball rolling in here. Steemit? Or since we're a BTC community, maybe we could open a channel on the LN network and issue xxx Satoshi's instead of WOsMerits?  I'm sure we could get donations for such a cause.
I'm actually surprised this doesn't already exist here.  Anyone talented at drafting proposals?
  
 

Yeah, let's do a whitepaper and an ICO lol

Seriously now, I think the Merit system is working but the effects will take some time to notice. Here in the WO we are somewhat inmune to what happens in most of the rest of BT. Pointless shitposts are everywhere. They just open hundreds of pointless new threads like:

- Will Bitcoin go up or down?
- Will Bitcoin reach 12K in two weeks?
- Why is Bitcoin going up?
- Why is Bitcoin going down?
- Why is Bitcoin not going up?
- Why is Bitcoin not going down?
- Why is Bitcoin not going up or down?
- etc etc...

A full fucking thread for each of those pointless questions.... and then, you see tens of pointless posts "answering" the question with absolutely no real reasoning. Everything to increase the post/activity count to rank up and join signature campaigns.

It's disgusting.

Maybe now, when they start to notice their previous modus operandi is not giving them the expected results (rank up) they will back off and the number of pointless shitposts will reduce significantly.

Yeah, here we do also have our own offtopic, sometimes even pointless but humorous posts, but it is all mostly done in good faith and not just for the sake of increasing post count.

I don't really think there is a need to incentivise the "accumulation" of Merits. It's usefulness is more as a deterrent for shitposters to keep with their (now) pointless activity than for regular good standing members to seek them for really no reason.

Also, if Merit had any real "value" people would start trading them.... overriding it's intended purpose.

I wasn't really suggesting to do an ICO. Actually far from it. I do see where you're coming from and I still think it would serve us and the entire community. If we actually USED BTC within BT (wow mind blown), supporting LN while incentivizing quality posts, new participants to join,etc.
    I'd prefer to see something along the lines of.... (simple version)
*BTC donated
*Satoshi's issued to members under a smart contract where they can only be given to other members but not withdrawn to an address.
*Only Satoshi's that have been given can be withdrawn or re-given freely

OK, I do see where this could get taken advantage of but but... steemit did it?
 

[yefi]

Really? 1-2% over the full stash is SOME significant money.

What other forks have you already claimed?

I have claimed BCH and BTG only. Forks I mean... airdrops like Byteball, Stellar and CLAMS I did too.

Bitcoin Diamond (BCD), BitcoinX (BCX) and Super Bitcoin (SBTC). You can sell BCD and SBTC at gate.io (no ID required for trade or withdrawal). BCX can only be sold at AEX.com now for BitCNY. Camku will sell the coins there for 5% fee as I believe they require ID.

You've really missed an opportunity with these forks as they were worth a lot more. You could have got 3-4% with BCX alone when deposits temporarily opened up at gate.io - made some bagholders that day

[Toxic2040]

It felt like we were enjoying some real organic growth last week, but that came to a abrupt end yesterday as bearish manipulation took control of the market. This coming week could provide us with another bullish run at the $11.5k resistance level.

[pfrtlpfmpf]

I don’t buy and hold shitcoins.  5 hours is a long term hold for a shitcoin. On average, I profit on shitcoins.  Sometimes I make mistakes but I cut them the moment they show weakness.  Example:  I follow Charlie Lee on twitter and bought Nano when his tweet came out.  I exited with a 5% profit.  It ended going a lot higher but I’m not ashamed to take a small profit immediately. 

On the other hand I have bitcoin I bought 4 years ago and haven’t touched.  Different asset classes, different trading strategies.  

If you're interested in shitcoins, then you can improve your stack by 1/2% by selling Lightning Bitcoin (LBTC), which is one of the latest Bitcoin forks. You can find OTC offers on /r/BitcoinAirdropsTrades/

If you haven't sold your Bitcoin Pay (BTP), that's also remarkably holding around 1/2% on the BitPie exchange.

The next possible moneymaker could be Bitcoin Private (BTCP) that's a merged fork of BTC and ZCL.

Oh no, i just finished Diamond and Superbitcoin, was complicated enough, so i have to generate another new Electrum Wallet, with password and seed again, my spouse doesn´t believe the life that i have.
Frankly, me neither.

HOw much did you get for Diamond and SuperBitcoin? And what's the best exchange to trade them?

Did it with Bitpie and Bither on my estranged Smartphone and then sold at "Okex", don´t know if that is the smartest way, but i´m richer now.

[bitserve]

Really? 1-2% over the full stash is SOME significant money.

What other forks have you already claimed?

I have claimed BCH and BTG only. Forks I mean... airdrops like Byteball, Stellar and CLAMS I did too.

Bitcoin Diamond (BCD), BitcoinX (BCX) and Super Bitcoin (SBTC). You can sell BCD and SBTC at gate.io (no ID required for trade or withdrawal). BCX can only be sold at AEX.com now for BitCNY. Camku will sell the coins there for 5% fee as I believe they require ID.

You've really missed an opportunity with these forks as they were worth a lot more. You could have got 3-4% with BCX alone when deposits temporarily opened up at gate.io - made some bagholders that day

Oh well, it's always hard to know what to do. I have most of my BTC on Ledger wallets, so my strategy was to wait until they supported those forks as they did with BCH and BTG or wait until most forks finished, then move all my BTC to another ledger and then use the previous seed to claim it all. Some months ago fees were expensive for moving too.

Also, one is never sure when those shitcoins are gonna pump later. Decisions decisions.

I guess it is just about time I move my BTC and start claiming everything... will decide later if sell immediately, wait, or a mix of both.

Retrospectively I do agree I could have done much better on this

[pfrtlpfmpf]

Seems to me, half of you guys didn´t claim the forks. Get on with it. You´re missing out !

[Rsiyz]

The US government seized 500 Bitcoins from a suicide piracy case. I wonder if it is still the issue that BTC will reduce today. that's $ 5.5 million.

LOL      us fed printing 100 trillions + soo they are no "excited" from few millions from some ilegall activity ..    they need people in world will trust and buy US debt and other.. wich are not happening now and world turning from petrodollar ..  ..thats why "uncle sam" desperatley want nuclear war and destroing whole planet .. like cowboy in cassino: bet all on one number ... mckillers

[pfrtlpfmpf]

Seems to me, half of you guys didn´t claim the forks. Get on with it. You´re missing out !

The silence is deafening, just saying !

[yefi]

Also, one is never sure when those shitcoins are gonna pump later. Decisions decisions.

There's always that. I'm holding on to the really cheap ones like Bitcoin World in case there's some whale action.

[jojo69]

This is proof that I am bring quality to the thread.

Just sayin'.

It's what plants crave.

That's what I thought!

[jojo69]

Sure, we each have our own particular (or should I say peculiar) strategy involving (as it were) the laddering of buys and sells according to our own analysis of the risk/reward of said strategy at any given time. And sure, assuming a more Up than DOWN trend continues this should leave each of us with more bitcoins going down, and more dollars going uppy....

the STYLE is getting closer, but you need to flesh it out more and reiterate your points

[European Central Bank]

Oh well, it's always hard to know what to do. I have most of my BTC on Ledger wallets, so my strategy was to wait until they supported those forks as they did with BCH and BTG or wait until most forks finished, then move all my BTC to another ledger and then use the previous seed to claim it all. Some months ago fees were expensive for moving too.

Also, one is never sure when those shitcoins are gonna pump later. Decisions decisions.

I guess it is just about time I move my BTC and start claiming everything... will decide later if sell immediately, wait, or a mix of both.

Retrospectively I do agree I could have done much better on this

there are way, way too many forks now for the hardware wallet providers to bother any more. you're on your own with most of them.

move your bitcoin out of the ledger, pull out the private key with a bip39 tool and go play.

the bitpie/bither combination is good for claiming some of the coins and bitpie now has an internal exchange where you can get rid of some of them. that's a big bonus as some of them were only on weird chinese places that were insisting on passports and stuff.

i'm on the fence about instadumping myself. so few people will bother claiming that i can foresee some insane pumps in the future. some of these coins must have a supply 100 times less than bitcoin and what supply there is around now is going straight into pumper pockets.

i've gotten rid of a proportion but i'll wait with the rest. there could be major dumbass windfalls in the future.