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

[FractalUniverse]

AND GODDAMN WTF with this market! I really thought we had a bottom there this shit just won't stop. I really thought that sideways with the bart head peeking up was the floor.

unfortunately it looks like they are going after some juicy margin calls. or at least sizable stops below 6k   

but lets be positive> its constantly bringing us opportunities to buy new bottoms. (dips)  

[Hueristic]

Executive Order Shitcoin

LOL

Lol already lost it's immutability. One mutable piece of shit centralized coin (EOS) trying to replace another piece of shit centralized coin (ETH).

This shit just gets better every year.

[Last of the V8s]

straight into oil today (@iSovereign)

[mindrust]

Wow what a disgusting day today was. Let's hope at least 6k holds.

[xhomerx10]

Oh my god!  Bitcoin is down, McAfee is down, the feathers of very young birds is also down... what is happening?!

You didn't buy enough dips.

 All right you shamed me into it!  Buying another dip.

I really hope that is disposable income. 

 Not disposable per se but I had some US currency on an exchange that I was unable to withdraw so I just converted it to Bitcoin which I can withdraw.  It had to be done sooner or later.

[Ludwig Von]

The bastards spiked his crank with glucose or some such evil concoction. His body just couldn't take it.

Or just Occam's Razor, that he knowingly took some questionable shit or overdosed and ended up in a hospital.

But of course we'll never fully know the truth. He'll spin this as sabotage/assassination attempt to further his mystique.

"Never let a good crisis go to waste."

For some or another reason, I suspect him to be our "Bottom upholder".  

[Searing]

Creditors normally means businesses owed something. Users come much further down and get nothing. Heres to hoping.

all of those debts have long been met completely. this is the leftovers. it otherwise would've gone straight back to mark karpeles.

It will be in fiat...sorry guys.....they don't have a clue on how to return it as BTC to the people who need it back from the mt. gox crash

if they shoot 1.4 billion in USD  equiv of BTC in fiat...before the end of the year say..we may be looking at 3k BTC or lower


as to me, I think now everything is a 'bubble' so will just HODL my btc and live off my alts (as the plan off alts for next 3 years till 66 and take traditional retirement plan and soc sec)

does not seem prudent to cash out crypto (BTC) now and lose 50% from ATH to just put it in fiat and stocks and traditional investments for the coming (whopper) of a

recession I expect (40%) dump, (I mean Trump and other USA mess ups)....thus just gonna ride it all down the next 3 years and hope that IF/when we have a recession in

the USA, BTC, and crypto will act like gold and at least go sideways and or up as a store of value

well, chump to champ, I'll (we) will be the first to know if HODL is tulip farming or HODL is unicorn ranching

later

brad

Well...THANKFULLY...I seem to be DEAD WRONG on the above, if various articles are correct and BTC from the mt. gox bankruptcy will be given out as BTC in 2019.

IMHO, that would mean 'more' folk would HODL on any BTC that gets returned, and will thus have less of an effect on driving BTC price into the dirt, etc, etc.

here is the link

https://cointelegraph.com/news/mt-gox-crypto-exchange-begins-civil-rehabilitation-proceedings-ends-bitcoin-sell-offs

Still, getting a bit of mixed messages on this, but the combo of no more BTC dumping until 2019 for USD and perhaps when BTC is moved, it is to the mt. gox

folk direct and even it they do sell the BTC, it would be likely in a more gradual manner. Again, I think most folk would be 'thrilled' to get back BTC and would

just go to HODL mode, but maybe that is just me....and my guess.

Anyway, as always, love to be wrong....now if I can just be wrong about this 'bear market' continuing into 2019...as well

brad

[JayJuanGee]

Due to the increased centralization of big blocks,

The assertion that big blocks increases centralization is an unsupported bald one. Can you even define 'centralization'? If so, where are the figures showing this supposed centralization?

One sign of a troll is someone who wants to vehemently argue obvious points and to put the burden on others to support such obvious points.

In other words, you gots nothin'. Got it.

You got me, jbreher.

I got's nothing more, and needs my selfie a bit of a nap.  I will get back at you after I am recuperated from your overwhelming magnetism.  hahahahahaha

[vroom]

we need more bottom pictures to make this stop.

[JayJuanGee]

You know, as a business, you can accept zero confirmation transactions from both BTC and BCash.

For BTC = just wait 10 seconds. Even a cup of coffee can wait 10 seconds. It's zero confirmation, but you can almost safely accept the transaction if there are no double spend attempts after 10 seconds.

For BCash = just wait about 10 seconds also. Maybe 20 if you want to make sure. After a confirmation, send it to an exchange and market sell.

For anything else that costs more than a cup of coffee, I'm sure you can wait 10 minutes for a block; and if the transaction hasn't confirmed yet, it should in a few.

Or use Dash Instant Send in which case you don't have to wait around for confirmations or limit yourself to trusting only small cup of coffee sized amounts.

Infofront. This conversation keeps coming up, you should let my comment stand. Or are you trying to keep it a secret that Dash has already solved this problem?

Dash is not bitcoin.

You seem to want to get into some kind of compare and contrast discussion of Dash.. .and to pump dash as if it is a kind of solution.

Sure if there is some kind of innovation that is worthy in Dash, then bitcoin absorb such innovation into itself.. but Dash is another beast that many argue to be very centralized in the way that nodes are compensated... In other words, why the fuck we need to pump dash in this thread, even if arguably it may have some kind of temporary solution (and likely a lot of other disadvantages too, but who  the fuck cares about DASH details because it is not topical, here?)


Edit:

[edited out]

Or ya know, all you guys could stop with this line of pointless conjecture and quit pretending that Lightning Network doesn't exist for Bitcoin?

Also, the coffee analogy really sucks. Nobody is buying coffees with their bitcoin. In fact, people are hardly spending their bitcoin at all. Merchant spending usage probably accounts for less than 0.001% of all daily trade volume if that even. If I missed that guestimate by another decimal or two I wouldn't even be shocked.

Oh Fuck... Torque beat me to it, seemingly with more accuracy and eloquence, too.  Fuck!

Edit 2:

You know, as a business, you can accept zero confirmation transactions from both BTC and BCash.

Or use Dash Instant Send in which case you don't have to wait around for confirmations or limit yourself to trusting only small cup of coffee sized amounts.

Infofront. This conversation keeps coming up, you should let my comment stand. Or are you trying to keep it a secret that Dash has already solved this problem?

Secret? I think we are all already aware that centralized databases can reach finality quicker than decentralized permissionless systems.

Admittedly, even Jbreher with his own eloquence, if you could call it that.  Fuck!

[JimboToronto]

A late good morning Bitcoinland.

I see we had a pretty good dip... currently $6175USD/$8225CAD (Bitcoinaverage).



I wish I had more spare cash on hand to take advantage of this. Oh well.

[RoomBot]

BTC at $6180

[LFC_Bitcoin]

$6248 on Stamp

Bottomed already?

[aaroque2003]

$6248 on Stamp

Bottomed already?

I was hoping $ 6001.00 at least... pray god my orders get fills.. 

[JayJuanGee]

$6248 on Stamp

Bottomed already?

I was hoping $ 6001.00 at least... pray god my orders get fills.. 

Part of the trick is to set your order a ways above some of the rounded numbers... otherwise if you don't want to do that because you are assuming that the round number has decent chances to get broken, then you set your order a few percent below the round number.  a bit of a guessing game, and since I don't like to guess, I will tend to break up my order and put some of my order above the round number and some of it below, just in case the round number breaks.

[Searing]

A late good morning Bitcoinland.

I see we had a pretty good dip... currently $6175USD/$8225CAD (Bitcoinaverage).



I wish I had more spare cash on hand to take advantage of this. Oh well.

what is with the meme? THAT IS THE EXACT PROBLEM DAMN IT...I WANT MORE, MORE, MORE...

(been in this since 2013..don't want to go thru another 2 year bear market..yech..)

[JayJuanGee]

A late good morning Bitcoinland.

I see we had a pretty good dip... currently $6175USD/$8225CAD (Bitcoinaverage).



I wish I had more spare cash on hand to take advantage of this. Oh well.

what is with the meme? THAT IS THE EXACT PROBLEM DAMN IT...I WANT MORE, MORE, MORE...

(been in this since 2013..don't want to go thru another 2 year bear market..yech..)

No need to live in fear.

If you have 100x profits, then you have 100x profits.

If those profits turn into 50x profits, then so what?  There is no guarantee either way, but does not mean that you cannot just live your life and not get too worried about the whole situation.  Right?

Sure, on the other hand, if you are eager to engage in BTC cashing out in the coming years (let's say 2 or more, for example), then yeah, you are likely going to be selling those coins at a lower value than they will be worth in the 2+ years-ish period.  

So, if any of us who are in considerable profits are cashing out some of our coins at this time because we need some of the cash flow, then it seems to be more future oriented about it we just need to be more prudent and judicious in calculating the amounts that we cash out these days.. versus continuing to exercise some deferred gratification.

Another perspective is to just think about the whole situation, and it is just amazing that BTC prices are seeming to be pretty solidly in the mid-four digits.. when we were struggling to get to 4 digits in late 2016..

[wh1rlw1nd]

BTC at $6180

nice to see my meme's doing well *^_^* but i hope it will be replaced by another one with a sky-rocketed dude, huh... somewhere soon...

[ivomm]

...

I was hoping $ 6001.00 at least... pray god my orders get fills.. 

Me trying to understand fools:

[Last of the V8s]

Hella jobs going for Barry Silbert if anyone fancies tarnishing their reputation. https://jobs.dcg.co/



ok some are even for Blockstream