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

[Gyrsur]

Wow...the $7,800 resistance has been broken and..!!..!!...


the price is still under $10k    

Should we get started on the next blockchain? Perhaps blockchain on the cloud this time? Should we IPO? Perhaps something in Plastics? With some of that railway technology...

BIP 174 should be enough for moon.

https://github.com/bitcoin/bips

EDIT: and ASCII art of course.

[1713952544]

1713952544

[1713952544]

1713952544

[1713952544]

1713952544

[Elwar]

Also, someone hacked my Purse.io account today.

I had nothing in there as I pulled everything out last week due to someone mentioning having problems getting their money out.

But still...second account this week. I think I have everything of any importance set up with 2FA. Maybe it was due to trying to run a Bitcoin node on my laptop.

The thing keeps crashing on me anyway (database gets corrupted and wants to start over) so I'll give that a rest.

[Rosewater Foundation]

Wow...the $7,800 resistance has been broken and..!!..!!...


the price is still under $10k   

Should we get started on the next blockchain? Perhaps blockchain on the cloud this time? Should we IPO? Perhaps something in Plastics? With some of that railway technology...

BIP 174 should be enough for moon.

https://github.com/bitcoin/bips

Ibian successfully derailed my attempts to discuss this. Iirc he insisted on talking about Muslim men. Again.

[HairyMaclairy]

$7850 broke.  CCMF. 

[JayJuanGee]

You are starting to act like fatty with your pussified passive aggressive irrelevant and nonsensical comments.

I considered the Fatman a friend. That was a real blow. But this is no place for the timid. Is it Jay?

I don't know why upwards price pressures would be reasons for getting into nonsense.

Most of the guys and gal panicking in here when the price pressures are DOWN rather than UP.

I mean the news might not gotten out yet regarding whether we are going up or we are going into FOMO mode, which would likely come around the $10k testing price area, if that comes soon, and whether or not price breaks above that resistance.... until then, we gotta take these upwards moves with some precautions and perhaps skimming a bit of profits off of the incremental moves, just in case the upwards movement is a fake out.

Regarding fatty, he is a BIG blocker bcash shill, who buys a large majority of the nonsense talking points and attacks on bitcoin.. so your proclaiming alliances with such poor judgement would not reflect well on you... but whatever you can associate with whomever you like.. and if you start aligning with other bcash shills, alt coin pumpers or bitcoin attackers, you might lose whatever credibility you have in these here parts...

Regarding trolling me, I don't easily devolve into grudges, but sometimes there are at least short term cases of such... hahahahahahaha

[mymenace]

the ETF application will fail

I'm hoping this is already priced in. Idk. Just because I'm all doomed out doesn't mean the market is, I guess.

Still, poor Jay tho.

You are starting to act like fatty with your pussified passive aggressive irrelevant and nonsensical comments.

By the way, I like to see that there are about three walls of 500 coins each for sale between $7800 and $8k, and perhaps they will be eaten through quickly given our current price movement?

.... here, hold my beer, I'll show you something ...

Enjoying the fireworks, woo hoo

[Anon136]

Wow...the $7,800 resistance has been broken and..!!..!!...


the price is still under $10k    

Should we get started on the next blockchain? Perhaps blockchain on the cloud this time? Should we IPO? Perhaps something in Plastics? With some of that railway technology...

BIP 174 should be enough for moon.

https://github.com/bitcoin/bips

EDIT: and ASCII art of course.

What are the broader implications of BIP 174?

[ivomm]

Sorry I’m not confident we have bottomed. I think the ETF application will fail and the arse will fall out of the price.  Then we bottom in early 2019.  

This is a nice interim rally and lays the foundations for the long term recovery.

Actually, the chances for ETF approval are pretty good, considering the negotiation phase (questions from SEC and replies from VanEck SolidX Bitcoin Trust). Usually, if a submission enters that stage it means only one thing - the approval will be given provided that the details are settled. I think every concern of SEC and the 6  negative comments (compared to 200 positive) are met in the amendment sumbitted recently by the VanEck SolidX Bitcoin Trust: https://www.sec.gov/Archives/edgar/data/1668039/000110465918038369/a18-2298_1s1a.htm#THERISKSYOUFACE_0815342.
There are just not enough reasons to justify a reject decision IMO. The comment period expired, so we have to wait until 16 August or 45 days later to hear the decision by SEC.

[Anon136]

Sorry I’m not confident we have bottomed. I think the ETF application will fail and the arse will fall out of the price.  Then we bottom in early 2019.  

This is a nice interim rally and lays the foundations for the long term recovery.

Actually, the chances for ETF approval are pretty good, considering the negotiation phase (questions from SEC and replies from VanEck SolidX Bitcoin Trust). Usually, if a submission enters that stage it means only one thing - the approval will be given provided that the details are settled. I think every concern of SEC and the 6  negative comments (compared to 200 positive) are met in the amendment sumbitted recently by the VanEck SolidX Bitcoin Trust: https://www.sec.gov/Archives/edgar/data/1668039/000110465918038369/a18-2298_1s1a.htm#THERISKSYOUFACE_0815342.
There is just not enough reasons to justify a reject decision IMO. The comment period expired, so we have to wait until 16 August or 45 days later to hear the decision by SEC.

Zerohedge: Bitcoin ETF "Nearly Certain" To Win Approval Later This Year Take that for what ever it's worth.

[Rosewater Foundation]

I don't know why upwards price pressures would be reasons for getting into nonsense.

You know me. I don't really need a reason.

Regarding fatty, he is a BIG blocker bcash shill, who buys a large majority of the nonsense talking points and attacks on bitcoin.

No, I don't believe he does. I believe he was one of many sock puppet accounts operated by the great and powerful NLC, and I missed it.

your proclaiming alliances with such poor judgement would not reflect well on you

I can accept that.

Regarding trolling me, I don't easily devolve into grudges, but sometimes there are at least short term cases of such... hahahahahahaha

All in good fun, brother.

[Gyrsur]

Wow...the $7,800 resistance has been broken and..!!..!!...


the price is still under $10k    

Should we get started on the next blockchain? Perhaps blockchain on the cloud this time? Should we IPO? Perhaps something in Plastics? With some of that railway technology...

BIP 174 should be enough for moon.

https://github.com/bitcoin/bips

EDIT: and ASCII art of course.

What are the broader implications of BIP 174?

partial offline signed transactions. in case you're are not connected and want to transfer BTC. it's like having a secondary ledger besides the main ledger (Bitcoin blockchain) and you can sync it later. (as I understand so far.)

https://ethereumworldnews.com/de/bitcoin-improvement-proposal-bip174-offline-btc-transactions/

[JimboToronto]

nomnomnom

[Rosewater Foundation]

those walls must be totally gluten-free

[HairyMaclairy]

[Anon136]

Wow...the $7,800 resistance has been broken and..!!..!!...


the price is still under $10k    

Should we get started on the next blockchain? Perhaps blockchain on the cloud this time? Should we IPO? Perhaps something in Plastics? With some of that railway technology...

BIP 174 should be enough for moon.

https://github.com/bitcoin/bips

EDIT: and ASCII art of course.

What are the broader implications of BIP 174?

partial offline signed transactions. in case you're are not connected and want to transfer BTC. it's like having a secondary ledger besides the main ledger (Bitcoin blockchain) and you can sync it later. (as I understand so far.)

https://ethereumworldnews.com/de/bitcoin-improvement-proposal-bip174-offline-btc-transactions/

But who needs to trust whom? Suppose I go out into the boonies to buy some moonshine from a hillbilly. Both of us are miles away from an internet connection. We do an offline transaction. Is there any concern for either party that the other gets to an internet connection sooner than he does?

[JayJuanGee]

I don't know why upwards price pressures would be reasons for getting into nonsense.

You know me. I don't really need a reason.

I would say, "grow the fuck up," but since I am in such a great celebratory mood, I cannot let your nonsense get me down.

Think about it.  A few weeks ago, BTC prices were floundering in the $5777 price arena, with Doug losing his bet, and a bit of uncertainty about whether further DOWN was coming.  Currently, we are breaking above $7,900 with a decent amount of volume and perhaps "fuck you" short recking.. so in that regard, BTC HODLers gotta feel some appreciation for a 35% price increase and seemingly continuing upwards price pressures.  Even if we skimmed a percent or two or even more off of our BTC holdings, we should still be feeling good.. and disinclined to batter around nonsense... a kind of victory for the bulls (which I fall more into that class than the opposite).  

As far as you are concerned, who the fuck knows?  Hopefully, you were able to HODL and accumulate, and now would be able to skim a little profits - but maybe you are just jaded and disjointed because you again got caught on the wrong side of the current price movement?   I am not voting against you, and as you should already know, it is hard to end up being right against me, because I give a shit about the BTC price movement in regards to preparing for price movement in either direction - even though I tend to be more happy about UP.. because of course I have been accumulating BTC since late 2013.. so UP has been the preferred price direction (and kind of assumed to be likely - even though NOT guaranteed in any respect)...

In the end, BTC HODLers and accumulators have been rewarded quite handsomely for their persistence (and accordingly, I can put myself into that camp).  If you have continued to be trigger shy in regard to your BTC practices, then maybe lashing out at BTC HODLers/accumulators gives you some sense of misplaced relief?

By the way, this current price movement is going UP good as fuck... and the UPPITY price movement seems to be eating quite well through the about 2,300 BTC that were stacked for sale between $7800 and $8k.. As I type BTC price has hit $7969, yet there is still about 700 BTC in the way of breaking above $8k.. I am likely not going to rest until we get seriously in the $10k territory... but this little price movement of the past hour and even the past three weeks, overall, starts to bring us closer to $10k striking distance.

Regarding fatty, he is a BIG blocker bcash shill, who buys a large majority of the nonsense talking points and attacks on bitcoin.

No, I don't believe he does. I believe he was one of many sock puppet accounts operated by the great and powerful NLC, and I missed it.

You would know better than me.

your proclaiming alliances with such poor judgement would not reflect well on you

I can accept that.

Hahahahaha...

a little concession.   

Regarding trolling me, I don't easily devolve into grudges, but sometimes there are at least short term cases of such... hahahahahahaha

All in good fun, brother.

Fair enough.

[marcus_of_augustus]

[Gyrsur]

Wow...the $7,800 resistance has been broken and..!!..!!...


the price is still under $10k    

Should we get started on the next blockchain? Perhaps blockchain on the cloud this time? Should we IPO? Perhaps something in Plastics? With some of that railway technology...

BIP 174 should be enough for moon.

https://github.com/bitcoin/bips

EDIT: and ASCII art of course.

What are the broader implications of BIP 174?

partial offline signed transactions. in case you're are not connected and want to transfer BTC. it's like having a secondary ledger besides the main ledger (Bitcoin blockchain) and you can sync it later. (as I understand so far.)

https://ethereumworldnews.com/de/bitcoin-improvement-proposal-bip174-offline-btc-transactions/

But who needs to trust whom? Suppose I go out into the boonies to buy some moonshine from a hillbilly. Both of us are miles away from an internet connection. We do an offline transaction. Is there any concern for either party that the other gets to an internet connection sooner than he does?

you trust the protocol which you verify with your own device which implements BIP 174. the other party signs the tx offline with his device and exchange a SD card with you. you verify the tx offline with your devices and after this you hands over the Cocaine.  


https://twitter.com/COLDCARDwallet/status/1000038022014877696/photo/1



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[Rosewater Foundation]

[bitmover]

Time to go to bed!