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

[bitserve]

Looks like a better "Cryptosteel" for half the price has launched: https://1stminingrig.com/billfodl-review-ultimate-backup-for-your-seed-private-keys/

Points for the 'Billfodl' name.

P.S.: They accept payment via Lightning Network which is also great.

Cool. How many vendors is LN up to?

Only a small handful... as you probably know?

LN is still experimental and it will take some time before reaching some significant adoption rate.

So more points for being an early LN supporter.

[JayJuanGee]

Looks like a better "Cryptosteel" for half the price has launched: https://1stminingrig.com/billfodl-review-ultimate-backup-for-your-seed-private-keys/

Points for the 'Billfodl' name.

P.S.: They accept payment via Lightning Network which is also great.

Cool. How many vendors is LN up to?

Only a small handful... as you probably know?

LN is still experimental and it will take some time before reaching some significant adoption rate.

So more points for being an early LN supporter.

Yep, I have noticed a bit of a trend in the Bcasher shills camp to denigrate Lightning Network as if it had been in full development and a mature product, and the fact of the matter remains that the fucking nutjob bcashers had kind of forced the testing of LN to go live because of their nearly two month long spam attack that was seeming to backfire on them by the expedited launching of Lightning Network on livenet, rather than on test net.  

I think that even the bitcoin devs were a bit pissed off about the lightning network getting tested live when it is was in a more beta level.. yet in the end, a lot of this seems to be playing out really well for bitcoin to be receiving such a powerful product and decent attention and live use cases of such powerful product in a more expedited way, in part based on the fees incentives that were largely caused by the backfiring incentives and effects of the then backfiring of the bcasher fuckjob spamming attacks.

By the way, did I mention that I am not very fond of bcashers use of bcash as a bitcoin attack vector, even though their December 2017 through January 2018 spamming attacks largely seems to had "backfired"?  

[Anon136]

Looks like a better "Cryptosteel" for half the price has launched: https://1stminingrig.com/billfodl-review-ultimate-backup-for-your-seed-private-keys/

Points for the 'Billfodl' name.

P.S.: They accept payment via Lightning Network which is also great.

Cool. How many vendors is LN up to?

Only a small handful... as you probably know?

LN is still experimental and it will take some time before reaching some significant adoption rate.

So more points for being an early LN supporter.

The point to me is not that it be adopted before it's needed, but that it be ready for adoption when it is. Like during the last run up when people were paying 30 dollar transaction fees. LN will be adopted as soon as it is needed.

[nanobtc]

Meet the Urwerk UR-1001 then (~$400,000).

We don't need no steenking watches. Is that a Glen Plaid (Glenurquhart check) pattern on the jacket? That's hard to find now. It's also nifty, tuff and bitchen {insert your own adjective here}.

Zappa also had a short-lived advertising company named Nifty, Tough and Bitchen. Here's an old Hagstrom guitar ad from said company.



EDIT: I can verify, this is legit. Because I'm a musician, and I saw it a magazine (it's gotta be true). A 12-string Hag? Those bent over quickly, not enough truss rod.

[junckmonkey]

Meet the Urwerk UR-1001 then (~$400,000).

https://deployant.com/wp-content/uploads/2015/04/1001-case-wrist.jpg

We don't need no steenking watches. Is that a Glen Plaid (Glenurquhart check) pattern on the jacket? That's hard to find now. It's also nifty, tuff and bitchen {insert your own adjective here}.

Zappa also had a short-lived advertising company named Nifty, Tough and Bitchen. Here's an old Hagstrom guitar ad from said company.

http://www.vintageguitarandbass.com/graphics/hagstromfrankzappaH12.jpg

EDIT: I can verify, this is legit. Because I'm a musician, and I saw it a magazine (it's gotta be true). A 12-string Hag? Those bent over quickly, not enough truss rod.

how shall i say, wham-bam-thank-you-maam

[nanobtc]

how shall i say, wham-bam-thank-you-maam

Like David Bowie/Suffragette City.

But seriously folks.

Don't feed the trolls. Don't quote, nor respond.

My take on BTC? I have no take. If you cannot trade, don't. Dollar cost averaging? Buy a little on a regular basis.

I appreciate the accumulated wisdom here. Often.

[junckmonkey]

how shall i say, wham-bam-thank-you-maam

Like David Bowie/Suffragette City.

But seriously folks.

Don't feed the trolls. Don't quote, nor respond.

My take on BTC? I have no take. If you cannot trade, don't. Dollar cost averaging? Buy a little on a regular basis.

I appreciate the accumulated wisdom here. Often.

Wait....you have no take?

[junckmonkey]

my chartz saying going up

[nanobtc]

my chartz saying going up

Sorry, I have poor Engrish. I meant 'I have no chartz'.

[Elwar]

my chartz saying going up

Agreed, my WO bcash reference meter is showing that a big push upwards is about to occur.

[junckmonkey]

cmon .99999 bcrew kick it in.....

[nanobtc]

cmon .99999 bcrew kick it in.....

@Theymos please bring back newbie jail.

junckmonkey: sorry, you may have the wrong forum/channel/chatroom/ICQ/IRC/Instagram/Teams/Slack/blah/blah.

 

/ignored.

[cAPSLOCK]

cmon .99999 bcrew kick it in.....

lET'S BUY FLUFFY A NEW WATCH!

[junckmonkey]

don't you dare send it to fluffy CAPS, i want that wartch and you no it. hehe

[junckmonkey]

no, the other bcrew.....

[junckmonkey]

https://medium.com/@homeytel/the-bitcoin-standard-the-decentralized-alternative-to-central-banking-by-saifedean-ammous-b5bd4d7be6cf
Review of the book with some counterpoints.

I highly recommend this book to anyone even remotely interested in Bitcoin, "blockchain", or any other cryptocurrency. It's been making some big waves through the Bitcoin community. As the review above points out, it makes one of the strongest cases yet for Bitcoin maximalism.

I like this  :

https://cdn-images-1.medium.com/max/800/1*YD09w9C5AYNdRyCM48oIYQ.jpeg

+1 WOsMerit

[junckmonkey]

cmon folks, it is gettin so quite in hear that i might half to throw a hello out to Rosewater soon.

[bengsabeng]

my chartz saying going up

Agreed, my WO bcash reference meter is showing that a big push upwards is about to occur.

I hope it really happened.
will bitcoin reach $ 9k soon? the current bitcoin price is still stable at the price of $ 8k

[realr0ach]

Sorry, I have poor Engrish.

[JayJuanGee]

my chartz saying going up

Agreed, my WO bcash reference meter is showing that a big push upwards is about to occur.

I hope it really happened.
will bitcoin reach $ 9k soon? the current bitcoin price is still stable at the price of $ 8k

I understand that I am quibbling with you about your word choice of "stable" because bitcoin prices are not currently "stable."

If you had not noticed, BTC pricee are in the midsts of a price battle, and in other words, currently the BTC price is consolidating because the sides in this particular price battle are regrouping and putting together their munitions to continue their quests...

Accordingly, most of the time, us little peeps do not really have enough information (whether facts or logic) to be able to meaningfully determine which direction the BTC price is going to go with any level of confidence, even though some of us are likely to have hunches and some of us may wrongfully believe that we have some ideas or hunches.  

Surely, each of the whales are likely to know how much munitions that they individually have for their preferred direction of the battle (but even they might not be sure if they will be successful to push their preferred direction) because they are not frequently clear about how much ammunition that the other side has, even though they likely have their hunches, too (which are likely a bit better informed than some of us smaller peeps - could be factual information and could be logic, too)...

So, yeah, maybe we are heading to $9k, but perhaps we are heading to $7.5k... I certainly do not have any crystal ball regarding the shorter term BTC price direction, and I personally feel that I am within about 1% of coin toss territory, and I am not even very confident about how much confidence I have about my 1% territory, too.  

In sum... I remain (fairly strongly) of an opinion that current BTC price dynamics are not in a "stable" posture...