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Question: What year will we achieve a new ATH?
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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 21178419 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. (24 posts by 13 users deleted.)
d_eddie
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July 16, 2018, 11:00:40 PM

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July 16, 2018, 11:03:06 PM

Road to 100k has begun!!!
i recomend you my last comment on the topic opened 2 months ago
https://bitcointalk.org/index.php?topic=3326533.msg42297319#msg42297319
d_eddie
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July 16, 2018, 11:11:04 PM

Road to 100k has begun!!!
i recomend you my last comment on the topic opened 2 months ago
https://bitcointalk.org/index.php?topic=3326533.msg42297319#msg42297319

I went far from the WO thread to read that comment. I was scared out there. I found the post.

Resurgencing topic again because same think is happening, price is rising and everbody is hoping that ti will fly to the moon, yes i think it will fly to the moon but not with this rise, there are some sign of a giant rise and we are far from it now, so what will happen next month is an intermediate loop becoming from mini loops, it may rise to 8-9k then fall to where it starts. As this topic opened nearly nobody believed what i said only %10 of users seems supporting but it was obvious for me just like now. Manipulator is convincing people that price is rising with steep moves, free market can rise but not like this, free market should rise slowly , if it moves steep it is suspicious for me. again alot of people hunting news for an acceptable reason to that rise but it will end just like in july and this time intermediate trend may end in below the last bottom. But for a short time you can enjoy with rise.
 If you wonder how a giant rise come it simply come after volatilty ends and it took months to convince all investors to it will be historic , so dont expect too much thing from volatily.
I fundamentally agree with this view. We're still deep in some big player's games. There's this move away from Bart Simpsons into a slightly different pattern, but it's only apparent on shorter time frames. I'm not sure we are due under 5k, but a steep, grim fall is ahead. We really need some capitulation to call it a night - at least in the form of vanishing volatility.

All strictly SOMA, it goes without saying.
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July 16, 2018, 11:26:21 PM




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

 Grin  Tongue Tongue

Mic, what type of scooter? Vespa?
JayJuanGee
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July 16, 2018, 11:26:47 PM

Road to 100k has begun!!!
i recomend you my last comment on the topic opened 2 months ago
https://bitcointalk.org/index.php?topic=3326533.msg42297319#msg42297319

I went far from the WO thread to read that comment. I was scared out there. I found the post.

Resurgencing topic again because same think is happening, price is rising and everbody is hoping that ti will fly to the moon, yes i think it will fly to the moon but not with this rise, there are some sign of a giant rise and we are far from it now, so what will happen next month is an intermediate loop becoming from mini loops, it may rise to 8-9k then fall to where it starts. As this topic opened nearly nobody believed what i said only %10 of users seems supporting but it was obvious for me just like now. Manipulator is convincing people that price is rising with steep moves, free market can rise but not like this, free market should rise slowly , if it moves steep it is suspicious for me. again alot of people hunting news for an acceptable reason to that rise but it will end just like in july and this time intermediate trend may end in below the last bottom. But for a short time you can enjoy with rise.
 If you wonder how a giant rise come it simply come after volatilty ends and it took months to convince all investors to it will be historic , so dont expect too much thing from volatily.
I fundamentally agree with this view. We're still deep in some big player's games. There's this move away from Bart Simpsons into a slightly different pattern, but it's only apparent on shorter time frames. I'm not sure we are due under 5k, but a steep, grim fall is ahead. We really need some capitulation to call it a night - at least in the form of vanishing volatility.

All strictly SOMA, it goes without saying.

I agree with an assessment that consolidation tends to be accompanied by decreasing volatility, but in the end, we cannot ever really know how long the consolidation period is going to last and at what point the price is going to be pushed out of the consolidation range - so in that sense nothing is inevitable in bitcoin whether we are talking about a need for a deep correction or some other suggested "needed" BTC price/performance path.
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July 16, 2018, 11:35:28 PM

Gratz on heroing, Hairy! I've missed the exact post - too much going on too fast here.

Thanks Eddie.  I need to acknowledge Bones, Infofront and JJG for pushing me through the 500 merit barrier.

Actually, I can only speak for myself, but when it comes to meriting posts such as yours, or d_eddie's and perhaps a few other WO regulars, I find it relatively easy to click on that merit button (and I gotta hold myself back so I don't run out) - because even though you deviate somewhat from the "buy on the way down and sell on the way up" preferred practice that I espouse, your explanation and even backing up of your theories and practices - seems to be quite a legitimate alternative approach that is both an attempt to tailor a system to your own needs, but also presented in a way that other readers of WO thread may be able to profit from your sharing of your thoughts.

Yes, I understand that thoughts tend to be a moving target, and sometimes not easy to present some of the ideas while wading throgh the trolls without getting pissed off at folks who present differing views, especially in times of considerable BTC price movements - which also seem to be one of the most inevitable things in bitcoin...
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July 16, 2018, 11:45:05 PM




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

 Grin  Tongue Tongue

Mic, what type of scooter? Vespa?

Yes Just rented on the Island.... Vespa gts 300 very very relax for island cruising  Smiley
When we are on holiday always renting a scooter or motocycles more easy than car or taxi .... never parking places -_- and with 2wheels Just always go and park Where you want stay 1h @ a place go to the next etc....
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July 16, 2018, 11:48:10 PM
Last edit: July 17, 2018, 12:24:04 AM by ThePunisher49X

What to do when it is pamping like this? Embarrassed


Wage cuckin' it?
https://youtu.be/DMonlRsJ5hY
 Sad

Revision after 1 hour later:
Nevermind, call connected. Lips sealed
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July 16, 2018, 11:48:38 PM

(quotes sprinkled with snippity snips)

yes i think it will fly to the moon but not with this rise, there are some sign of a giant rise and we are far from it now, so what will happen next month is an intermediate loop becoming from mini loops, it may rise to 8-9k then fall to where it starts.

if it moves steep it is suspicious for me. again alot of people hunting news for an acceptable reason to that rise but it will end just like in july and this time intermediate trend may end in below the last bottom. But for a short time you can enjoy with rise.

I fundamentally agree with this view.

I'm not sure we are due under 5k, but a steep, grim fall is ahead. We really need some capitulation to call it a night - at least in the form of vanishing volatility.

I agree with an assessment that consolidation tends to be accompanied by decreasing volatility, but in the end, we cannot ever really know how long the consolidation period is going to last and at what point the price is going to be pushed out of the consolidation range - so in that sense nothing is inevitable in bitcoin

Indeeed. Eventually, everyone here will be sure we're moving into the last big correction. When that happens, the badger might find it appropriate to go off skyrocketing without giving a single fuck.
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July 16, 2018, 11:50:06 PM
Merited by BobLawblaw (1)

Now that I realize I can use lightning for shit posting, I may need to start my own node.
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July 17, 2018, 12:10:51 AM

Now that I realize I can use lightning for shit posting, I may need to start my own node.

This might be the second funniest war in history.

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July 17, 2018, 12:13:46 AM

Now that I realize I can use lightning for shit posting, I may need to start my own node.

Someone could argue that lightning is not decentralized enough for true shitposting.

On other news, it looks like order books are betting on UP.
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July 17, 2018, 12:14:43 AM



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



Just looking for a bit 'more' news or such on why BTC is pumping now BESIDES the usual 'hedge' of some BTC IN CASE this

SEC thingy..comes to pass in the next month. I have seen this before with other FAILED attempts at ETF's etc from SEC etc

So is there some other reason(s) of MAJOR noteworthyness to counteract what I see as the main 'weight' on this price rise of

BTC and/or pump? If so point it out....would like to see more balanced and more reasons than just this one instance...(again,

seen this before with failed SEC ETF's etc...would be MORE comfortable with more action than just this upcoming event to base

this on...)


as to the cloud or two? do you blame me...we have current society issue (see Trump and Putin) that are boggling my mind..when

I try to figure out this 'magical internet money' bitcoin on top of that .....well....always looking to cover my butt....

my current view is 'everything is a bubble' stock market/ maybe? crypto (hope acts as store of value and not) and such

therefore have been thru 5 recessions ...trying to be a 'bit' proactive here....on all aspects and hodl as much crypto as possible

but to say I'm weirded out by 'reality' and 'society' and 'current political climate' is an understatement....so just going with

'everyone is as clueless as I am...powerful or not' and staying out of debt and preparing for our next, IMHO, major recession...

as to crypto..my 'optimistic bet' (i hear gasps) are....that it will act as a store of value (like gold) and not get as messed up

as I expect my traditional investments will become....thus use BTC as my 'hedge' ...

being a bit 'pessimistic' never hurt anyone...I especially should have 'heeded' such in 2017 (groan!)

anyway, worse case I'm wrong, my ass is 'covered' stay out of debt and crypto hoard is more or less intact....best case

I over-reacted..and then will be confused on all the moon/rainbows/unicorns/fairy dust/and gnomes in my future ...

brad


brad
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July 17, 2018, 12:18:01 AM


Just looking for a bit 'more' news or such on why BTC is pumping now BESIDES the usual 'hedge' of some BTC IN CASE this

SEC thingy..comes to pass in the next month.


Just as the Winklevoss rejection was the excuse for the alt explosion, perhaps this rejection will the excuse for the monstrous defecation that'll finally clear out the dead wood.

The least useful thing that could happen now would be an empty pump based on a doomed hope. It looks like we might get one anyway.
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July 17, 2018, 12:19:44 AM

(quotes sprinkled with snippity snips)

yes i think it will fly to the moon but not with this rise, there are some sign of a giant rise and we are far from it now, so what will happen next month is an intermediate loop becoming from mini loops, it may rise to 8-9k then fall to where it starts.

if it moves steep it is suspicious for me. again alot of people hunting news for an acceptable reason to that rise but it will end just like in july and this time intermediate trend may end in below the last bottom. But for a short time you can enjoy with rise.

I fundamentally agree with this view.

I'm not sure we are due under 5k, but a steep, grim fall is ahead. We really need some capitulation to call it a night - at least in the form of vanishing volatility.

I agree with an assessment that consolidation tends to be accompanied by decreasing volatility, but in the end, we cannot ever really know how long the consolidation period is going to last and at what point the price is going to be pushed out of the consolidation range - so in that sense nothing is inevitable in bitcoin

Indeeed. Eventually, everyone here will be sure we're moving into the last big correction. When that happens, the badger might find it appropriate to go off skyrocketing without giving a single fuck.

Are you assuming that we need "one last BIG correction"?  I am suggesting that there are lots of scenarios, including a scenario in which no additional BIG corrections take place from the downside from here... and so what if there is a 20% correction after we reach $10k,  that is not the same as having any kind of assumption that we need to have a down before we can have an up..
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July 17, 2018, 12:21:58 AM
Merited by BobLawblaw (1)

Concept only - not to scale.

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July 17, 2018, 12:26:25 AM
Merited by BobLawblaw (1)

^unrelatedly: Have fun while making those private keys secure!



https://www.etsy.com/listing/614770978/d20-twerk-o-matic-booty-dice-butt-plug (via @shinohai)
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July 17, 2018, 12:28:36 AM



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



Just looking for a bit 'more' news or such on why BTC is pumping now BESIDES the usual 'hedge' of some BTC IN CASE this

SEC thingy..comes to pass in the next month. I have seen this before with other FAILED attempts at ETF's etc from SEC etc

So is there some other reason(s) of MAJOR noteworthyness to counteract what I see as the main 'weight' on this price rise of

BTC and/or pump? If so point it out....would like to see more balanced and more reasons than just this one instance...(again,

seen this before with failed SEC ETF's etc...would be MORE comfortable with more action than just this upcoming event to base

this on...

brad

You are not new to this rodeo, either, but you are still attempting to assert that there has to be a reason for one thing or another, and in the end, there can be all kinds of reasons that merely add up to UP or DOWN... In other words, I don't think that it is fruitful to look for reasons (like mainstream media frequently does), and sure, sometimes some events are more influential than others in pushing bitcoin over the edge to go one price direction or another, but sometimes we cannot really be sure about which caused which when we add it all together.

So for example, if the bears have been attempting and attempting and attempting to eat away at BTC price support in the upper $5ks and lower $6ks, but they are just running out of coins, and they are running out of peeps to scare out of their coins... at some point, they might just have to let the price go up, because that is the direction of least resistance - however, merely because BTC prices start to go up, that does not mean that bears might not get another chance to push it down again (they might be successful and they might not).. so yeah, we can have explanations that we just have to take with a BIG ass grain of salt, anyhow... so what purpose does it serve to strive to find such explanations when they are likely fleeting and they are also likely to cause more stress than necessary, when in the end, both you and I and a few other long term BTC bulls, understand BTC well enough to know that the most likely inevitable longer term price direction is up rather than either down or sideways... so in the end,  we know not to be shaken from our coins and we that we are quite likely to be in a very decent spot down the road (while others in the mainstream are just learning about BTC, we already know about it)
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July 17, 2018, 12:37:27 AM



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



Just looking for a bit 'more' news or such on why BTC is pumping now BESIDES the usual 'hedge' of some BTC IN CASE this

SEC thingy..comes to pass in the next month. I have seen this before with other FAILED attempts at ETF's etc from SEC etc

So is there some other reason(s) of MAJOR noteworthyness to counteract what I see as the main 'weight' on this price rise of

BTC and/or pump? If so point it out....would like to see more balanced and more reasons than just this one instance...(again,

seen this before with failed SEC ETF's etc...would be MORE comfortable with more action than just this upcoming event to base

this on...

brad

You are not new to this rodeo, either, but you are still attempting to assert that there has to be a reason for one thing or another, and in the end, there can be all kinds of reasons that merely add up to UP or DOWN... In other words, I don't think that it is fruitful to look for reasons (like mainstream media frequently does), and sure, sometimes some events are more influential than others in pushing bitcoin over the edge to go one price direction or another, but sometimes we cannot really be sure about which caused which when we add it all together.

So for example, if the bears have been attempting and attempting and attempting to eat away at BTC price support in the upper $5ks and lower $6ks, but they are just running out of coins, and they are running out of peeps to scare out of their coins... at some point, they might just have to let the price go up, because that is the direction of least resistance - however, merely because BTC prices start to go up, that does not mean that bears might not get another chance to push it down again (they might be successful and they might not).. so yeah, we can have explanations that we just have to take with a BIG ass grain of salt, anyhow... so what purpose does it serve to strive to find such explanations when they are likely fleeting and they are also likely to cause more stress than necessary, when in the end, both you and I and a few other long term BTC bulls, understand BTC well enough to know that the most likely inevitable longer term price direction is up rather than either down or sideways... so in the end,  we know not to be shaken from our coins and we that we are quite likely to be in a very decent spot down the road (while others in the mainstream are just learning about BTC, we already know about it)

yeah, I agree, just in this instance..just seeing the old ETF supposed, maybe happening, and then does not happen...usual reversal

what is the reason it pops up NOW, besides my 'paranoia'?  Not seeing much, but the 'supposed' ETF angle

than again, wtf do I know...just saying, what came to mind on the current pump

I would rather this just be a coincidence and part of the general fatigue and pump back to what I think are reasonable above 10k prices

but if wishes were fishes...we'd all take a swim...

(wanders off mumbling to self..have a hard enough time with 'current' reality....add magical internet money on top of that mess and I'm

more than a bit befuddled...) Sad

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July 17, 2018, 12:42:16 AM


So when trying to research this I came across this vid and I just cannot follow him with the combination of his accent and the difficulty of the material he's presenting.

https://www.youtube.com/watch?v=oTsjMz3DaLshttps://www.youtube.com/watch?v=oTsjMz3DaLs

So I tried to find a primer and ran into this

https://www.youtube.com/watch?v=oTsjMz3DaLshttps://www.youtube.com/watch?v=oTsjMz3DaLs

And this is where I gave up! Cheesy

I did find a few posts that gave an ELI5 on the subject so I have a pretty good idea of the reasoning and the benefits but I'd really like to see a more nuts and bolts explanation that I can follow, does anyone have a better link to a Vid for this subject for the non professional mathematician?



"The price of bitcoin surged Monday after a report said that BlackRock has set up a working group to explore ways of taking advantage of the cryptocurrency market.....The world’s most valuable virtual currency by market value jumped more than 4 percent."

Someone needs to tell CNBC that 4% is not a surge in bitcoinland, but a common daily fluctuation.

LOL, RITE! 4% is not even a fart in this wind!

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.

P.S.: Here it is: https://bitcointalk.org/index.php?topic=178336.msg22571868#msg22571868


It would have a massive impact on the multisig transactions if what I read was correct as well as cutting down on the multisig spam(although I am not up on how big a problem that currently is).


25-30% efficiency improvement from Schnorr is not 'nothing', but also not earth shaking.

That is only multisig though correct?




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