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Question: May 18 Bitcoin Closing Price (Stamp):
$0 - 1 (0.7%)
<$5,000 - 7 (4.6%)
$5,000-$5,500 - 2 (1.3%)
$5,500-$6,000 - 0 (0%)
$6,000-$6,500 - 5 (3.3%)
$6,500-$7,000 - 15 (9.9%)
$7,000-$7,500 - 17 (11.3%)
$7,500-$8,000 - 24 (15.9%)
$8,000-$8,500 - 18 (11.9%)
$8,500-$9,000 - 15 (9.9%)
$9,000-$9,500 - 10 (6.6%)
$9,500-$10,000 - 7 (4.6%)
$10,000-$20,000 - 16 (10.6%)
>$20,000 - 14 (9.3%)
Total Voters: 151

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 21167038 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. (23 posts by 12 users deleted.)
Last of the V8s
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July 16, 2018, 08:46:21 PM

https://www.bloomberg.com/news/articles/2018-07-16/coinbase-says-it-has-green-light-to-list-coins-deemed-securities

there may be hope for xrp on coinbase yet
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JayJuanGee
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July 16, 2018, 08:51:38 PM
Merited by Last of the V8s (1)

Looking forward to some quality Schnorr FUD from Jbear and crew.  

I don't know why you'd think that. I don't believe I have previously espoused an opinion on Schnorr sigs.

You basically said Schnorr signatures would do nothing to alleviate the scaling issue. That would qualify as an opinion.

Hmm. I guess you know more about my past postings than do I. Link?

Schnorr can obviously reduce the size of txs that have multiple elements. I wouldn't say that is 'nothing'. If this be shown to be a reversal of a previously held opinion, then so be it.

Of course, my final opinion would be driven by an analysis of not merely the benefits of Schnorr, but also its costs.

edit: Oh - I see you've added the link. Thank you. I shall quote:

Quote
Currently it would take over 30 years to send each person on earth a single Bitcoin transaction. Think about that.

Lightning does nothing to alleviate that.
Segwit does nothing to alleviate that.
Schnorr sigs does nothing to alleviate that.

True enough. If you wish to send every person on earth a single Bitcoin tx (e.g., perhaps to open an LN channel), it will take on the order of three decades. And Schnorr indeed does nothing to alleviate that. It is a true statement, and it is not identical to "Schnorr signatures would do nothing to alleviate the scaling issue".

Your assertion is shown to be false.

After re-reading your post I stand corrected on my interpretation and agree you were referring to a very extreme theoretical scenario where all the block space is used exclusively for opening channels for every person on earth.

I am glad to hear you agree that Schnorr signatures could have some impact on scaling improvement depending on circumstances.

Oh Fuck me, Bitserve.   You are much more gentlemanly than me or even the member that has such a username....  Wink Wink

I understand that you were probably being a bit sarcastic, but think about a lot of these fucking troll nutjobs and bitcoin doomsdayers, they often take a scenario that has less than a 1% chance of occurring, and impliedly place it at much greater odds - and furthermore they presume that the development is kind of in a stasis and the evolution will occur in the coming days without tit and tat developments along the way to pretty much negate their pie in the sky supposed scenario from playing out.
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July 16, 2018, 09:02:14 PM



The price of BTC is creeping up IMHO on the off chance that the SEC will approve the 'top heavy for the rich' ETF next month

https://bitcoinist.com/3-reasons-sec-bitcoin-etf-next-month/

The danger is, if that does NOT go thru...the price, again IMHO, will dump below 6k again

be cautious

brad


stfu basher!! :\ you are such a self serving person i hope you lose your shirt shorting&distorting <<<


yeah right... maybe I should cry instead of laughing?

Certainly Searing is neither a basher, a short player nor a book talker. 

He does have a tendency to dwell on the possible negative outcomes, though. 

Even in the brightest and clearest of days, searing can manage to spot a cloud or two.   Cheesy Cheesy
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July 16, 2018, 09:07:25 PM

Even in the brightest and clearest of days, searing can manage to spot a cloud or two.   Cheesy Cheesy

If this thing goes tulips Searing has agreed to let me live in his cupboard. True story.
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July 16, 2018, 09:09:22 PM

Even in the brightest and clearest of days, searing can manage to spot a cloud or two.   Cheesy Cheesy

If this thing goes tulips Searing has agreed to let me live in his cupboard. True story.

I imagine that Searing has cupboards that are nicer than the houses of many folks, so you would be in quite nice dwellings, there.
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July 16, 2018, 09:09:54 PM

* BobLawblaw whistles innocently



https://quotefrom.me/

PS: lnd > c-lightning
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July 16, 2018, 09:11:34 PM

Even in the brightest and clearest of days, searing can manage to spot a cloud or two.   Cheesy Cheesy

If this thing goes tulips Searing has agreed to let me live in his cupboard. True story.

Is it the cupboard under the stairs?
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July 16, 2018, 09:26:06 PM

I don't want anything fancy.

Bob: They really do investigate your ass very thoroughly. There are special x-ray chairs now.
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July 16, 2018, 09:27:37 PM

The price of BTC is creeping up IMHO on the off chance that the SEC will approve the 'top heavy for the rich' ETF next month

https://bitcoinist.com/3-reasons-sec-bitcoin-etf-next-month/

... or is it really BlackRock, as some sources in the MSM say? If they're really checking out Bitcoin, as the rumor goes, we can bet our collective asses that we're due for another plunge. It's Conspiracy 101: they like their coins cheap.

Quote
The danger is, if that does NOT go thru...the price, again IMHO, will dump below 6k again
be cautious
brad
This applies even if it indeed BlackRock. Not that it matters that much.
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July 16, 2018, 09:29:41 PM
Merited by BobLawblaw (20)



Did you have to screen shot it to make that?



I don't want anything fancy.

Bob: They really do investigate your ass very thoroughly. There are special x-ray chairs now.

https://quotefrom.me/previous
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July 16, 2018, 09:37:52 PM

Did you have to screen shot it to make that?

Yeah, if you hit the Tweet button, it allows you to Tweet it out, and have them rt it for you.

Kinda lame, but whatever. The lulz amuse me.
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July 16, 2018, 09:38:12 PM
Merited by Last of the V8s (1)

^^


WHICH one gotta wear tomorrow ?

I guess its the BULL head today cheers  Grin

For some reason, I don't like the colors of those hats.

Perhaps I am brainwashed?



bought this one as wel just in case .....

 Grin  Tongue Tongue
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July 16, 2018, 09:47:19 PM

Don’t say it. It’s a trap.
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July 16, 2018, 09:48:49 PM


Money well spent  Cheesy
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July 16, 2018, 09:52:23 PM
Merited by bones261 (2), bitebits (1)

The daily 200 MA is falling pretty steeply these days. At this rate, it won't be much longer until it encounters the 50 MA for a golden cross.

Assuming the 50 MA flattens out around current prices, this would bring us to mid-September-ish. This is how it played out the last time we had a golden cross in 2015: the 200 MA fell to meet a flat 50 MA.

Following a more aggressive 50 MA trend from the recent bottom, it could even happen as early as mid-August-ish.

1 to 2 months. Right around when we expect some ETF news. Who wants to guess the date?

Straight Outta My Ass (tm) TA


Daily 50/200 MA
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July 16, 2018, 10:07:10 PM
Merited by jojo69 (1)

It's fine TA. Just a note, a lot of the bots use a 55 MA.



Go to the Golden Cross, have a nice cold pint and wait for this all to blow over Wink
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July 16, 2018, 10:12:10 PM




Lulz. Didn't know you were fucking around with Lightning

* BobLawblaw high-fives Rosewater
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July 16, 2018, 10:17:58 PM
Merited by BobLawblaw (10)

 Roll Eyes
He hides his lightning under a bushel.
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July 16, 2018, 10:39:59 PM
Merited by Anon136 (1), Last of the V8s (1)

Credit where it's due*. I couldn't Lightning my way out of a paper bag. Maybe I should start.

But my skills are entirely other.



*Rosewater gives Anon136 credit, because it's cheaper than sMerits*
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July 16, 2018, 10:50:30 PM

^Thanks, man.
Our emu overlords are benevolent.
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