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Question: How far will this leg take us?
$110K - 9 (8.3%)
$120K - 19 (17.6%)
$130K - 17 (15.7%)
$140K - 9 (8.3%)
$150K - 19 (17.6%)
$160K - 2 (1.9%)
$170K+ - 33 (30.6%)
Total Voters: 108

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26964763 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. (174 posts by 1 users with 9 merit deleted.)
afbitcoins
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June 23, 2018, 10:14:36 AM


@Jbreher
I'm dissapointed in you spreading outright lies, obviously I have misjudged you. Dash is a distributed decentralised blockchain secured with proof of work. Just like bitcoin.  

Er... 'masternodes' - just like Bitcoin?

Lol


Whats your point?
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Self-Custody is a right. Say no to "non-custodial"


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June 23, 2018, 10:32:52 AM

I will take this first part as exaggerated humor.

@JJG
Thanks for making this conglomerate of fud, you've earned a merit for your trouble.
But you know fine well bitcoin cannot morph to absorb other coins features, it can't even agree on blocksize change.

I am not joking around when I suggest that bitcoin is going to likely absorb good features of various other coins, either on layer 1 or layer 2 or layer 3.  Sure, it could take 50 years or more, but if there are truly good and sound market features in other coins, then they will likely move over to bitcoin.

Without going into a long thesis about the slowness of change in bitcoin, the essence of the matter remains that slowness of change in bitcoin is a feature rather than a bug, because bitcoin is not striving to serve as a experiment platform for all kinds of bullshit , but instead attempting to get a few things done really well which is making itself secure and attack proof. If bitcoin is secure, then the rest will follow - including value and features.  Of course, there are features being built on bitcoin all the time, and bitcoin continues to have the best of the best developers and features. 

Sure, there might be a lot of whining about bitcoin's supposed "failure to agree on blocksize change" (as you put it), but that failure to agree remains a feature rather than a bug.. because what seems to you like a failure to agree is actually a kind of agreement not to change and an agreement that segwit is good enough and powerful enough.. and such change that you believe to be needed has been largely decided as NOT needed.. at least not at this time... maybe in the future, and that is a BIG FUCKING MAYBE in the future.... I blocksize limit increase is going to be needed, and there seems to be quite a bit of evidence demonstrating that such block size limit increase is not needed, in spite of a bunch of whiners and in spite of a bunch of alt coin pumpers spewing out nonsense talking points trying to suggest that bitcoin is either defective or broken.. .which bitcoin is not either.


But thats OK that is what bitcoin is good at, being very conservative. As for being on topic. The topic was double spends and 0-conf transactions. I was on that topic. Or from now on we all stick to price walls only?

Fair enough... We don't really need to go into those other topics... and if peeps want to keep attempting to play with 0 confirmations on other coins, then let them do it.. NO problema.

@Torque
 Noone is pretending Lignting Network is ready for use yet. I'm trying to be open minded about offchain transactions but there are limitations with LN.

You are correct that LN is in very early stages of experimentation, but it still seems to be showing a lot of good potential for carrying a lot of bitcoin pegged transactional burden... fast and cheaply.

@Jbreher
I'm dissapointed in you spreading outright lies, obviously I have misjudged you. Dash is a distributed decentralised blockchain secured with proof of work. Just like bitcoin.  

I think that Jbreher made a decent point.. .. and surely DASH is not "just like bitcoin" in terms of its design and incentive structures.  Anyone should realize that there is a certain qualitative difference in the way that DASH has set up Masternodes, and surely there is no coin that comes anywhere near to the level of POW networking (hash) power that is being carried out on bitcoin.  NO alt coins are even close, including DASH.
El duderino_
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June 23, 2018, 10:46:03 AM

By the end of July we shall see price above $10k.


Not going to happen.

Just as likely to see price at 2k.

Random move, 4k up or 4k down. No analysis.


Do you really have conviction about what you just posted?  Aren't you exaggerating, Majormax?  

Do you really believe that the odds of BTC's price going to $2k or $10k is the same?  

That means 50/50 odds, no?

Personally, I would give higher odds that BTC would reach and exceed $10k before touching $2k or going below that.   I have a decently strong perspective that BTC will NEVER see $2k again, but odds of reaching $10k are quite high, especially the longer the time frame, perhaps greater than 75%.  

If you really believe that the odds are 50/50, but I have pretty strong feelings that the odds are greater than 50/50 that BTC prices will touch on and/or exceed $10k first, then that might be worth some kind of gentleman's bet, no?  Do you feel strongly enough to bet some kind of token amount?  Maybe something in the .001BTC territory?

if there's a bet with some timeframe i wanna do it as well if majormax feeling strong enough

I personally think to keep the amounts of the bet low, but to attempt to make the terms clear, because there are surely some strong sentiments regarding the bear sentiment "inevitability", and bulls (such as you and me) seem to have fairly strong sentiments in the opposite direction, which should be fruitful for friendly bets.

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June 23, 2018, 11:08:13 AM


@Jbreher
I'm dissapointed in you spreading outright lies, obviously I have misjudged you. Dash is a distributed decentralised blockchain secured with proof of work. Just like bitcoin.  

Er... 'masternodes' - just like Bitcoin?

Lol


Whats your point?

That saying dash / darkcoin is (and ever has been) 'just like Bitcoin' is at the very least a bit of a stretch.  Evan's control and the masternode system doesn't look at all 'decentralised' to me.
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June 23, 2018, 11:24:08 AM



Volume criticisms?
realr0ach
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#TheGoyimKnow


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June 23, 2018, 11:42:27 AM
Last edit: June 23, 2018, 12:00:44 PM by realr0ach

@Jbreher
I'm dissapointed in you spreading outright lies, obviously I have misjudged you. Dash is a distributed decentralised blockchain secured with proof of work. Just like bitcoin.  

Shilling for bitcoin is dishonorable enough.  Shilling for stuff like Darkcoin is bottom of the barrel.  Even people shilling for chicken or pork futures are more respectable than that.  

The latest rulings that Ethereum is not a security also removes any doubt that these things are govt backed scams too.  Ethereum is obviously a security (and Goldman Sachs bought most of the premine), so the only reason they would rule that way is if they want to trap you in a non-fungible, cashless society slave system where everything is tracked and monitored (these things), instead of you buying silver and gold which are free of govt control and don't abolish the 5th amendment just by using them.
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June 23, 2018, 11:53:13 AM
Merited by Phil_S (1)

LAMBOS FOR THE HODLERS THEY SAID
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Bitcoin Legal Tender Countries: 2 of 206


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June 23, 2018, 12:03:12 PM

LAMBOS FOR THE HODLERS THEY SAID


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June 23, 2018, 12:17:57 PM
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shahzadafzal
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June 23, 2018, 12:45:44 PM

to the HODLERS!!!
lightfoot
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June 23, 2018, 01:09:38 PM

Eh, every time I get grumpy I read this article and it puts things in perspective.

https://www.coindesk.com/bitcoin-price-passes-750-nears-five-month-high/

Complete with the little balloon.


RivAngE
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June 23, 2018, 01:24:52 PM

Any time now those who came late to buy BTC from the top while hoping for easy and quick riches will have sold all their coins... and when there are no coins to sell, there are no more rapid sell-offs.
Hopefully those who buy from the bottom are stonger hands because otherwise we'll be stuck in a consolidation for a long time.
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June 23, 2018, 01:28:24 PM

...then we can suspect Brock Pierce and his Goldman buddies have bought off the regulators.

If you think this deranged clown manchild actually has "Goldman buddies" or even runs in the same circles then you are delusional.





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Bitz.io Best Bitcoin and Crypto Casino


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June 23, 2018, 01:49:17 PM

This looks weird.

afbitcoins
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June 23, 2018, 02:06:59 PM


@Jbreher
I'm dissapointed in you spreading outright lies, obviously I have misjudged you. Dash is a distributed decentralised blockchain secured with proof of work. Just like bitcoin.  

Er... 'masternodes' - just like Bitcoin?

Lol


Whats your point?

That saying dash / darkcoin is (and ever has been) 'just like Bitcoin' is at the very least a bit of a stretch.  Evan's control and the masternode system doesn't look at all 'decentralised' to me.

Thats what I thought. You've got nothing.
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June 23, 2018, 02:09:45 PM

By the end of July we shall see price above $10k.


Not going to happen.

Just as likely to see price at 2k.

Random move, 4k up or 4k down. No analysis.

That is not how it works. We use log scale not linear scale. A probability of the price being 5/3 as high as it is now is supposed to be as probable as a fall to 3/5 of what it is now. So a rise to ~10k should be equivalent to a fall to ~3600, not 2K.
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June 23, 2018, 02:51:42 PM
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Confirmed! ...Finally we hit the bottom!!

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✋(▀Ĺ̯ ▀-͠ )


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June 23, 2018, 03:05:53 PM

Confirmed! ...Finally we hit the bottom!!

Mt gox heard you and here is the response



Hodl boys, just hodl until the storm pass!
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diamond-handed zealot


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June 23, 2018, 03:07:31 PM

got bankster written all over them

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June 23, 2018, 03:28:29 PM

Confirmed! ...Finally we hit the bottom!!



I'm still not convinced. Need a decent volume test of the resistance before I feel more comfortable.


Mt gox heard you and here is the response



Hodl boys, just hodl until the storm pass!

Sometimes evacuation is the better option rather than holding strong.

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