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

[mymenace]

I don't care
I hold

Fuck ‘m, I’ll buy more below $5,000.

why not now?? long term whats the diffrence 1k a coin ?? if its not to make a quick buck then i don't see any diffrence with the oppertunity to buy right now..... its a nice DIP not ??

Very nice dip

buy a little as it goes down

easier to go up now than down


couple of major events that will hit the price coming up, negative or positive who knows

IG report US 14th June

11th of November (Control of the government USA)

Any changes in bank laws

[1714824014]

1714824014

[1714824014]

1714824014

[1714824014]

1714824014

[El duderino_]

I don't care
I hold

Fuck ‘m, I’ll buy more below $5,000.

why not now?? long term whats the diffrence 1k a coin ?? if its not to make a quick buck then i don't see any diffrence with the oppertunity to buy right now..... its a nice DIP not ??

we could see $2500 before the fat lady sings =) bwaaahaha

  

[Anon136]

I don't care
I hold

Fuck ‘m, I’ll buy more below $5,000.

Lightning network is being rolled out right now and it is finally delivering on bitcoins long unfulfilled promise. As far as the technology is concerned these are the best of times since the early days when bitcoin its self was a shiny new thing. I doubt you will regret that move in the long run.

When the price gets you down, focus on the tech.

[El duderino_]

Which May btc go to 12228 $ game>? 2019?

yeah the list updates are less relevant on the daily....

seems 12228 isn't for june as well

makes me very curious wich time zone to look @

what would be the most bullish thought with this current dip mmmm never know in BTC everything can happen and it can happen damn fast

[mymenace]

Which May btc go to 12228 $ game>? 2019?

yeah the list updates are less relevant on the daily....

seems 12228 isn't for june as well

makes me very curious wich time zone to look @

what would be the most bullish thought with this current dip mmmm never know in BTC everything can happen and it can happen damn fast

what would be the most bullish thought reality

IG Report 14th June (Read between the lines)

The Obama government has been found to be corrupt and have manipulated economy markets with the federal reserve for the last 8 years

Operation Fast and Furious
Iran deal
Trade deals (270% tariff on US dairy)
Uranium One (Russia)

[Globb0]

I don't care
I hold

Fuck ‘m, I’ll buy more below $5,000.

Lightning network is being rolled out right now and it is finally delivering on bitcoins long unfulfilled promise. As far as the technology is concerned these are the best of times since the early days when bitcoin its self was a shiny new thing. I doubt you will regret that move in the long run.

When the price gets you down, focus on the tech.

Question I have been a bit scared to ask because people here jump down your throat if you dare be different.

If lightening introduces cheaper/free-like transactions? wont that diminish the value/volume of expensive(price driving) bitcoin transactions on the main chain?

[Toxic2040]

I was taught early that if you dont have anything good to say..its probably best not to say anything at all..  See how long I can make this work.

Some fib numbers to look at on the 4h.

#hodlingwithyoufam

---------------------

LoooL so the tether FUD is back on the table. Today? Really?  What a coincidence, isnt it?

I was 99,99% sure this card ist going be played at the end, the final joker card...

Its ironic yes...   Also Bitfinex has refused to lead the market since this has escalated. Its Bitstamp leading most moves now with Coinbase following and 'finex being dragged along unless its a downward move.

Interesting times indeed. I have to admit to you all that I was so sure that the exponential adoption would carry us over any downturn this year...its refreshing in a strange way to be so completely wrong...once in awhile.

-------------------

   

+1WOsMerit   I like your style Goose. Keep it going dude.
 

[Anon136]

I just ran into this. This is so stupid.



No shit it can't look like the one on the right. The one on the right is the problem. That's what bitcoin looks like right now and it's the reason why it doesn't scale.

Bcash is an attempt to make bitcoin it's self look like the one in the middle and in so doing give up all of the advantages that come from it looking like the one on the right. Which could be acceptable as a last resort if there were no other option.

Lightning network is a way to build a parallel network that looks like the one in the middle but doesn't replace the one on right in any way. Instead it lives separate and apart from it while being kept totally in check and made benign by the continued existence of the one on the right.

I'm so tired of all of this ignorant anti lighting network rhetoric that I keep hearing and seeing constantly. Do you guys think Ver is funding this BS. It feels like there is just too much of it for it to be organic.


P.S. Do you guys feel this is on topic enough for the wall observer thread. It's not about jews at least... but it's exactly about the price either... I just wanted a place to rant where it would actually be read and it is about bitcoin atleast...

[d_eddie]

everyone holding btc wants to retire early, who is paying?
lol

Who? Those who don't hold now, but will be wanting to hold when current holders will be wanting to retire.

[Robin,Hood]

I don't care
I hold

Fuck ‘m, I’ll buy more below $5,000.

why not now?? long term whats the diffrence 1k a coin ?? if its not to make a quick buck then i don't see any diffrence with the oppertunity to buy right now..... its a nice DIP not ??

Very nice dip      No it its awful

buy a little as it goes down   Buy as much as you feel comfortable without over extending.

easier to go up now than down      Yes


couple of major events that will hit the price coming up, negative or positive who knows

IG report US 14th June

11th of November (Control of the government USA)

Any changes in bank laws


Some major event which is unavoidable at this time, and only a matter of time is the fact that Deutsche Bank will go belly up.
Its the kind of bank which makes the Lehman Brothers collapse a walk in the park.
This is the kind of scenario which will force banks and governments take your money in banks.

[mymenace]

I just ran into this. This is so stupid.



No shit it can't look like the one on the right. The one on the right is the problem. That's what bitcoin looks like right now and it's the reason why it doesn't scale.

Bcash is an attempt to make bitcoin it's self look like the one in the middle and in so doing give up all of the advantages that come from it looking like the one on the right. Which could be acceptable as a last resort if there were no other option.

Lightning network is a way to build a parallel network that looks like the one in the middle but doesn't replace the one on right in any way. Instead it lives separate and apart from it while being kept totally in check and made benign by the continued existence of the one on the right.

I'm so tired of all of this ignorant anti lighting network rhetoric that I keep hearing and seeing constantly. Do you guys think Ver is funding this BS. It feels like there is just too much of it for it to be organic.


P.S. Do you guys feel this is on topic enough for the wall observer thread. It's not about jews at least... but it's exactly about the price either... I just wanted a place to rant where it would actually be read and it is about bitcoin atleast...

Not enough talk of jello wrestling and asses, I say delete it.

Distributed is the new centralization


A lot of think tanks have worked out they can still manipulate if they run a distributed program and know we now hate centralization (anything centralized)


So now the fear starts as to why distributed programs are "SAFE" and "SECURE" for you


example

an australian bitcoin voting party announced Direct Democracy

you vote on each policy

then all of a sudden it changed from

Direct (Decentralized) Vs. Indirect Distribution (Centralized)

http://www.youngupstarts.com/2017/09/04/direct-vs-indirect-distribution/


run away from the flux party



you can call them out now, go have fun

[Anon136]

Question I have been a bit scared to ask because people here jump down your throat if you dare be different.

If lightening introduces cheaper/free-like transactions? wont that diminish the value/volume of expensive(price driving) bitcoin transactions on the main chain?

I have thought enough about this to have some things to say. I'll add more later if I can think of more.

The bitcoin blockchain is an immutable eternal database. You can store something in there and be confident that that information will be stored forever. That is crazy useful. Property titles, ownership tokens, other blockchains will offer this of course, but bitcoin will always be the most ideal place.

Also we can always just not increase the block size, ever, until we feel like miners are more than fairly compensated through transaction fees and all models predict that a modest increase in block size will still reatain adequate network security. In fact we can base our decisions about when to increase the block size on no consideration other than security. I personally feel that everything else is secondary.

Also I don't think there is a world where lightning gets to the point where it isn't unjustifiably cumbersome for large transactions. Nation states that want to use bitcoin as an alternative to SWIFT will probably find the blockchain it's self to be the place to do something like that. So there will still always be a marginal demand for on chain transactions.

[mattimann]

https://ip.bitcointalk.org/?u=http%3A%2F%2Fimagizer.imageshack.us%2Fa%2Fimg924%2F9413%2FhvRJYv.png&t=589&c=o6VL0oo1z__l6g


Just one year ago...
We´re doing fine. Who was not really expecting to come down again after 20K?

[cAPSLOCK]

you guys think  this was the bottom?

No.

[Roccker]

Am out of fiat now, bought every time it went under 8k..

[mikenz]

Its awesome! Who else made $$ shorting all the way down?



Welcome!!

[Globb0]

Question I have been a bit scared to ask because people here jump down your throat if you dare be different.

If lightening introduces cheaper/free-like transactions? wont that diminish the value/volume of expensive(price driving) bitcoin transactions on the main chain?

I have thought enough about this to have some things to say. I'll add more later if I can think of more.

The bitcoin blockchain is an immutable eternal database. You can store something in there and be confident that that information will be stored forever. That is crazy useful. Property titles, ownership tokens, other blockchains will offer this of course, but bitcoin will always be the most ideal place.

Also we can always just not increase the block size, ever, until we feel like miners are more than fairly compensated through transaction fees and all models predict that a modest increase in block size will still reatain adequate network security. In fact we can base our decisions about when to increase the block size on no consideration other than security. I personally feel that everything else is secondary.

Also I don't think there is a world where lightning gets to the point where it isn't unjustifiably cumbersome for large transactions. Nation states that want to use bitcoin as an alternative to SWIFT will probably find the blockchain it's self to be the place to do something like that. So there will still always be a marginal demand for on chain transactions.

Thanks for taking the time to try and help me understand

[d_eddie]

More FUD. Academics. Perfect timing.

Bitcoin's 2017 Rise Was Market Manipulation By Tether: Study
https://www.investopedia.com/news/bitcoins-2017-rise-was-market-manipulation-tether-study/

[cAPSLOCK]

Question I have been a bit scared to ask because people here jump down your throat if you dare be different.

If lightening introduces cheaper/free-like transactions? wont that diminish the value/volume of expensive(price driving) bitcoin transactions on the main chain?

I have thought enough about this to have some things to say. I'll add more later if I can think of more.

The bitcoin blockchain is an immutable eternal database. You can store something in there and be confident that that information will be stored forever. That is crazy useful. Property titles, ownership tokens, other blockchains will offer this of course, but bitcoin will always be the most ideal place.

Also we can always just not increase the block size, ever, until we feel like miners are more than fairly compensated through transaction fees and all models predict that a modest increase in block size will still reatain adequate network security. In fact we can base our decisions about when to increase the block size on no consideration other than security. I personally feel that everything else is secondary.

Also I don't think there is a world where lightning gets to the point where it isn't unjustifiably cumbersome for large transactions. Nation states that want to use bitcoin as an alternative to SWIFT will probably find the blockchain it's self to be the place to do something like that. So there will still always be a marginal demand for on chain transactions.

It's about choices, IMO.  

Much of the ideals we early bitcoiners have lauded are not something that all of humanity can share without there being a tremendous amount of personal responsibility.  Probably an unreasonable amount.

For example:  Banks.

Hang around here and you will read many saying GET RID OF 'EM.   But the fact is we will always need them.  At least some people will.  And layer 2 lets us build the services that the new "banks" will use to offer us value for letting them put their paws on our money.  Here is something we are hearing said a lot recently: "Custodial services".  Not everyone has the ability or desire to do the sort of opsec to safeguard deep amounts of value in crypto.  And even the more savvy like (dare i say) many of us would benefit from a nice liquid place to lock up some liquid money for spending and moving around.

Layer 1 plus layer 2 gives me the option to be responsible for the mass of my wealth privately, while directing some of it into channels that may look a little like banks... or perhaps less distributed.

Lightning gives us a choice.    I like that.

[d_eddie]

In other news, shorters take the blame.

https://www.marketwatch.com/Story/heres-why-bitcoin-is-fallingand-it-isnt-just-the-coinrail-exchange-hack-2018-06-13