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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 21334967 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. (104 posts by 20 users deleted.)
micgoossens
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BTFD, on to 15K a coin !!!!


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June 30, 2018, 09:17:55 AM

my new bottom call

2250

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June 30, 2018, 09:20:43 AM

Hint, the bootstrapping happens rather here

https://www.reddit.com/r/btc/comments/8uw8gz/dell_steam_reddit_stripe_circle_microsoft_fiverr/
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June 30, 2018, 09:33:30 AM

the JJG overcomer has appeared

the prophecy has been fulfilled

woe and pestilence is upon the land
I lolled hard  Grin .
micgoossens
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BTFD, on to 15K a coin !!!!


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June 30, 2018, 09:46:10 AM

These single large pumps are not good indicators of a turnaround. High volume rise over the course of a day would do it. Not a single jump.


Bitcoin is still under $10k  Cry

Still 37k in my head already

*raises hand*   Ooooh did I win your game ?

 Grin

micgoossens
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June 30, 2018, 09:47:34 AM

Last of the V8s
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Be a bank.


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June 30, 2018, 09:48:28 AM


This detracts from your previous post, which was not bad, considering.
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Be a bank.


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June 30, 2018, 09:52:37 AM


JayJuanGee
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How much alt coin diversification is needed? 0%?


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June 30, 2018, 09:53:40 AM

We are still poor anyway.

I don't believe you.

If BTC prices correct an additional 50% or 75% from here, and then carry out a bottom from there, in a $3k or lower price arena, even then, are we really poor?  We have our money in Bitcoin, right?  

Sure, there is a really horrible crash to zero scenario or something close to zero (like a BTC price of less than $100) (scenario zero) that seems really low probability to happen, and a more probable bad scenario (and the more likely worst case scenario) is a 50% to 70% correction from here (scenario one)... which would end up being a 2014/2015 like correction that drags out for 1-2 more years from here.  

The better correction scenario  (scenario two) still CANNOT be ruled out.. which would be assessing the bottom of this particular correction is largely already "in", which would still be something less than a given, and even result in several more months of flat and/or struggling to get UP from here.

Between scenario two and scenario one, there may be around 50/50 odds, at this time, but in neither of those scenarios would I feel poor... If scenario zero ends up playing out, then there would develop a decent amount of feeling of poorness from me, but what are the odds of a scenario zero happening?  It must be less than 1%, no?  

I will keep repeating we are still poor until we reach a new ATH... Then I will ask if we are rich again.

Bear with it Smiley

Fair enough.... we each have our personality quirks.   Wink
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June 30, 2018, 10:03:55 AM

bears - 10k incoming
bulls - oh don't go up, gimme muh pain right now
 Huh
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June 30, 2018, 10:11:36 AM

LFC_Bitcoin
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One of the world's leading Bitcoin-powered casinos


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June 30, 2018, 10:12:34 AM

To be honest all I want to do today is drink beer, smoke weed, watch the World Cup & post $7000 meme’s.
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June 30, 2018, 10:19:38 AM


This detracts from your previous post, which was not bad, considering.

Marked as hint. Think for your self.
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June 30, 2018, 10:33:45 AM

To be honest all I want to do today is drink beer, smoke weed, watch the World Cup & post $7000 meme’s.

That’s a good synopsis of Western civilization at this juncture. The Chinese, Koreans, Japanese, and Vietnamese are not idle.

Nope.  They are working all night making me a new iPhone.
JayJuanGee
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June 30, 2018, 10:36:43 AM

You seem to be full of shit, anunymint and trying to lord over your supposed technical/mathematical skills to spread doom and gloom FUD.

That’s what the deluded always say. Drugs addicts protest. Hashfast scam investors protested. Etc. Facts are facts. Everyone who holds non-legacy addresses will lose all their real Bitcoin and will end up only with Core nonsense scam tokens.

The only deluded one seems to be you.

Sorry but you are factually incorrect.

What the fuck are you talking about?  You are the one making assertions which are conclusions about the future that you are asserting to be facts... You making little to no sense...  Are you competing with roach, to see if you can post more delirious shit than him?


When you are speculating about the future, by definition that cannot be facts... it is speculation about a future state of affairs.

Most people who provide a meaningful speculation about the future will provide the basis for their prediction... the basis can be based on facts and logic.. and hopefully those facts and logic help to describe how the future will come about from our history, current state and future direction.  If you do not provide a reasonable basis, then you are saying random shit and doing no more than setting forth what you believe to be based on a kind of fantasy.

I provided it in great detail. Do you need the link again for the nth time?

If you do not bother to read the threads I linked to and wish to remain deluded, that is your prerogative because it doesn’t change the facts that have been explained at that link.



I don't see any meaningful evidence from you.... and you can post links to your other posts, but those other posts seem just as incomprehensible and irrelevant.  Why don't you try to make a thread and organize your thoughts a bit better?  If you are able to accomplish such?  All I see is that you are referring to various seemingly stream of conscious presentations that are not very well presented... at least what I have seen from you, so far.

It’s not a personal thing. I like you guys.

Of course, none of us know each other.. so none of this should be considered personal, and I doubt anyone who is reasonable is taking it personally.  So, you are getting into irrelevance by going down this path in order to clarify your supposedly pure motives.

You're mighty presumptive. How do you know who I know here?

Whatever.  Who gives a shit?

I actually do know some of the guys here at least for example I know the true identity of some of the folks here and have traded more personalized private messages with them.

Wonderful and barely relevant tangent.  You looking for someone to vouch that you are a decent person?  Why does it matter?  Can you stick to the topic?   Are you capable?


Also in general what I mean is that I don’t think most of the guys here are paid Core trolls.

I don't think that core is paying anyone to troll... it is just the BIG blocker nutjobs and banks and governments that are likely engaged in that activity... .. So you are spreading bullshit information if you think that there is some kind of meaningful and/or significant Core marketing going on..   Anyhow, this whole angle seems to be a bit of a tangent, no?


Rather I just think they are guys who have lost Bitcoin in the past to scams and will continue to do so, because they are gullible.

Who the fuck cares?  There are all kinds of scams out there.  Crypto is a great breeding ground for scams, so each of us has a responsibility to take matters with a grain of salt. and some peeps are more gullible than others.. but then again, how is this relevant to anything?


You apparently are included in that classification.

I am BIG enough to handle myself and my own decisions, and to allocate my own risk, including apportioning how much to invest into bitcoin... and my strategy suitable to myself.... How the fuck would you know whether I am allocating according to my own personal situation.. which would include a lot more than some shit that I post on a public forum thread, no?

Your presumptive error above and refusal to read the facts and then claim no facts have been presented is indicative of being irrationally addicted to a position.

There is a mere fact that you seem to be unable to present a clear case because you have an ongoing practice of speaking in riddles.    There is not enough time in the day to be trying to sort through nonsensical shit that is presented by peeps (or bots) like you.

So get the fuck out of here with any kind of assertion that you conclude that I am not engaging in enough due diligence when you have difficulties clarifying whatever the fuck it is that you are talking about in your low ass probability speculative scenario(s).



I don’t have a fight to pick with y’all. Do what ever you want. I will STFU about this matter. Just remember I warned you.

Probably, better if you just shut the fuck up and get the fuck out of here.  Few people in this thread appreciate your non-substantiated bullshit, except perhaps some of the trolls and shills might consider your bullshit to be helpful to their misleading, distracting and FUD spreading attempts in this thread.

There’s no FUD. I stated facts and backed them up with a link to the facts.

Didn't you already say that you were going to go away?  Can't we even count on you to stick with your word?


I was going to STFU, but you decided to attack me with incorrect allegations. Accusing me of making claims which are not heavily substantiated. Sheesh man, can’t you fucking read?

Your further elaborated response is NOT getting any better and not even getting close to substantive.  And, I don't need any reading assignments from you.. That is what trolls like to do.. give assignments.    Roll Eyes Roll Eyes  If you are not able to present your ideas clearly and consisely (even an elevator pitch of something substantial and meaningful), then it does not do any good for you to present links to further nonsensical and non-substantiated posts of yours.  One piece of garbage posts referring to a bunch of other garbage posts of yours does not add up to good points being made.


Long story short, you seem to be buying into nonsense.  I have no problem with the idea of keeping your coins in various location, just in case, but seems like a lack of prudence to base your life on the bunch of nonsense speculative scenarios of FUD spreaders that have low chances of playing out anywhere near their doom and gloom projects... furthermore, your behavior seems to play into their ill-intended and devilish hands.

You really want to believe in your drug.

Get the fuck out of here with your attempts to characterize me as being delusional, when you remain the one who is engaging in what appears to be purposeful efforts to mislead and to fail/refuse to put forth reasonable evidence and logic to back up your pie in the sky assertions.

I stand by my characterization of you. Again you ostensibly have not even read the link which was provided to you several times.


All I have seen from you, so far is convoluted nonsense.


But when I say we are headed into a Mini-Ice age, there is undeniable science making that claim a fact.

You are not saying anything new here... just asserting nostradamus-like woo woo.

There you go again making incredibly stupid and incorrect claims. Exemplifying you have not read the link.


Ditto what I have written about Core.

 Ditto you have said nothing, you ditto head.   Roll Eyes

There is a battle going on, and you are not going to reach any kind of meaningful state of stability during a battle that needs a quite a bit of time to play out (and with BIG players, too, attempting to win hearts, minds and finances).

There is not going to be any winning of hearts or political nonsense. There will simply be the removal of real Bitcoin by those who forked off from the hands of those who fork off because they decided they do not want real Bitcoin.

 No factual or logical basis for your stupid-ass assertion.

They were fooled by some drug which promised some nebulous future scalability which isn’t scalability and is actually fractional reserve banking as has already been explained up-thread.

 Your assertions have not been explained with anything even close to approaching adequacy..

Bitcoin exists to destroy everyone who believes in politics. Core is 100% politics. That is why you must tell everyone here that there is no chance that the real Bitcoin will ever force Core to fork off.

You are providing confusing frameworks about who is who... so seems like you are purposefully attempting to mislead, hoping that peeps buy into your purposefully confusing amorphous, titillating and generalizing framework.

You seem highly confused. Reading and comprehending in entirety what is at the link which was provided for you might help, presuming you have the IQ and emotional maturity for assimilating the information at the link.

Because you’re relying on politics to save you.

NOT.  There is math and logic in bitcoin that was started through the whitepaper and carried out through a practice system that has caused decentralized and secure incentives, while allowing players to pursue their own self-interests and the network anticipates that individuals will engage in attacks and distrustful behavior but the system will still be secure based on built-in incentives.

You try to say that we are relying on something that we are not ("politics"), so what you are saying makes no sense... and misleads regarding what is really going on.

You are extremely confused. I explain at the link why Core can only succeed to destroy the real Bitcoin if we presume that the dumb masses are the economic majority. Which is impossible because I even cited research which shows that the top 1% control 34% of the wealth and the top 20% control 80% of the wealth. And the wealth is likely to be even more concentrated in Bitcoin. I already alluded to this up-thread wherein I stated more succinctly that the power-law distribution of wealth is a thing.

You’re relying on fooling the n00bs into using wallets that by default put them on the Core fork without informing them about the true risks and reduction of their security.

People can do whatever the fuck they want, and in the end, they are going to recognize value of bitcoin, including using variations of the latest and greatest of segwit, lightning network, on chain or any other combination of on-chain / off chain that makes them comfortable for their own situation and circumstances.

The value that the wealthy want is to not lose their wealth!

The real Bitcoin is primarily a store-of-value that can’t be fucked with by politically clusterfucked nation-states.

Unlike gold which they can confiscate at every border crossing.

SegWit, Lightening quicksand, and all the politically clusterfucked shit is just more of the same scams of the deluded Westerners. Westerners have become scammers. It is sad.


Furthermore, little by little value migrates over to bitcoin (and gresham's law describes theoretical dynamics) because bitcoin (including its ongoing developments and progress) continues to be the most sound of money/assets with a variety of appealing utility (and ongoing developed use cases) too.

 
Bunny rabbits do not decide the outcome. $billionaires, Schelling points, and maximum security do.

Yes, Schelling points are important,  so it could take time to unravel all of these developments and migration of people and use cases.. but in the end, you are going to be best off keeping a decent stake into bitcoin rather than becoming scared overbullshit and baseless speculation as you, anunymint, would like peeps to feel.

Correct! And that is real Bitcoin, not this Core scam altcoin shit. Again I have no objection to Core making a fork of Bitcoin or even a soft fork as they have done, but the scam part is they do not disclose the true security risks and just herd the n00bs into default wallet settings wherein the n00bs think they are hodling real Bitcoin but they are instead hodling a soft fork altcoin that can in the future be hardforked off of the real Bitcoin.

I read through the rest of your post, and you are not really adding anything new.. just continued repetition, speculation and mischaracterization...including your characterization of the current bitcoin as an alt coin... pure nonsense.  Our current bitcoin is operating as a product of consensus... so it is not an alt coin as you nonsensically assert.
JayJuanGee
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June 30, 2018, 10:43:41 AM

JJG: why use 2000 words when 200 may not lose your audience? Your audience is obviously important to you.

I'm not trying to sell anything, and probably you are attributing values to me that I don't hold?
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June 30, 2018, 10:47:13 AM

These idiots cant accept that their BTrash is nothing while we have moved on and accepted BTrash as an altcoin. Move on.
JayJuanGee
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June 30, 2018, 10:57:26 AM

All I have seen from you, so far is convoluted nonsense.

So you agreed you are confused and too lazy to read the research. So why should anyone believe anything you write?

I am not going to read a string of your out of context bullshit.  If you are making bullshit points in various parts, then I have no obligation to read the totality of your shit.  If you are starting with a stupid ass premise, then I don't have to look at the rest in detail.  If you provide some compelling points, then perhaps some of us (including yours truly) will read further. Otherwise, you are not going to attract readers by posting pure volume and expecting peeps to read everything... otherwise whining like a five year old if they don't.

For example, you are asserting some kind of nonsense that you have a more pure bitcoin fork, but if the network does not follow, then all you have is an alt.  You have asserted that bitcoin is an alt, but you ignore that bitcoin has the network effects, so you are off of your rocker if you are trying to define bitcoin under new terms rather than community and consensus terms.   


I'm not trying to sell anything, and probably you are attributing values to me that I don't hold?

Neither am I. I do not earn anything whether you choose to hold your BTC in Core addresses that begin with 3 instead of a 1, or vice versa.

So what are you doing? Which format of addresses are you hodling in? Satoshi legacy addresses that begin with 1 or Core addresses that begin with 3?

I use both.  The ones that start with 3 are the more advanced future based addresses, as you know, but you are trying to propagandize otherwise..
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June 30, 2018, 10:58:33 AM
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Anunymint raises some good points. I am guessing similar to Peter Rizun. It points out a potential attack vector on segwit coins.

Dr. Peter Rizun - SegWit Coins are not Bitcoins

The video is worth watching even if you believe Segwit posses no risk.

https://www.youtube.com/watch?v=VoFb3mcxluY

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what is this "brake pedal" you speak of?


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June 30, 2018, 11:09:59 AM
Last edit: June 30, 2018, 11:32:24 AM by vapourminer

Correct! And that is real Bitcoin, not this Core scam altcoin shit. Again I have no objection to Core making a fork of Bitcoin or even a soft fork as they have done, but the scam part is they do not disclose the true security risks and just herd the n00bs into default wallet settings wherein the n00bs think they are hodling real Bitcoin but they are instead hodling a soft fork altcoin that can in the future be hardforked off of the real Bitcoin.[/size]

I read through the rest of your post, and you are not really adding anything new.. just continued repetition, speculation and mischaracterization...including your characterization of the current bitcoin as an alt coin... pure nonsense.  Our current bitcoin is operating as a product of consensus... so it is not an alt coin as you nonsensically assert.

i look at it this way: i am a long time holder. i have an amount of btc i wish to protect. there is a very small, but non zero, chance i could lose btc stored in a segwit address. and all i have to do to mitigate that risk is store my long term btc in a legacy address. well thats a no brainer to me. after all my long term coins rarely move and segwit has no real advantage for long term holders.

i do have segwit coins, those are the ones i move back and forth to exchanges, use to buy stuff etc, IOW the day to day coins. the bulk of my coins are legacy. i get the best of both worlds: cheap fees on the daily driver segwit coins, better security for the legacy hodl coins. so whats the problem?

EDIT: here is an interesting read.. its what happened to a bunch of segwit coins on a chain that does not support segwit coins. happened on the bcash side but does illustrate what can happen (well, kinda, i think. maybe its not).

https://np.reddit.com/r/Bitcoin/comments/7eixcu/recovering_bch_sent_to_segwit_addresses/

EDIT 2: i do not do bcash, i sold that crap off.
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June 30, 2018, 11:12:23 AM
Merited by RejectedBanana (1)

Price rising.
Indicators turning green.
But but but... the Shill Post Density Index points to bear market conditions.
Someone even mentioned Peter Rizun.
Conflicting observations.
What do I trust?
My left ball says we're not out of the woods yet.
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