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Question: What year will we achieve a new ATH?
2019 - 38 (27.5%)
2020 - 57 (41.3%)
2021 - 32 (23.2%)
2022 - 6 (4.3%)
2023 - 1 (0.7%)
Never - 4 (2.9%)
Total Voters: 138

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 21176882 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.)
kingcolex
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August 20, 2018, 08:44:10 PM

I posted this in a different thread a few days ago, but it seems to be a well-liked chart, so I'll share here:



I didn't make this. Source: https://twitter.com/CryptoKaleo/status/1009156602039971840
I'd love to pay off my student loans and buy a house in cash by the end of the year but I unfortunately don't know if the institutional investment big boys would let such a chart be true.
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infofront
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August 20, 2018, 09:08:42 PM

‘Bitcoin Jesus’ Is Having a Hard Time Winning Over True Believers

Quote
...Bitcoin Cash payments slumped to $3.7 million in May from a high of $10.5 million in March.
Last of the V8s
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August 20, 2018, 09:29:08 PM

@MarkFriedenbach https://twitter.com/MarkFriedenbach/status/1030211193544134658
I will be giving a talk at #ScalingBitcoin on how a block size increase up to 3600x the present size and a change of proof-of-work can be achieved with a fully backwards compatible soft-fork—old clients see all transactions and valid SHA256 block headers.

This is not good news if onchain.  I hope this is a sidechain solution.
https://twitter.com/brian_trollz/status/1030934979885322241
more discussions towards the end of this thread
Biodom
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August 20, 2018, 09:42:46 PM

Who wants to play this quizz?
Please, no googling or it s NO FUN:

Your best guess what was the last name of the 'political officer' character in the "Hunt for Red October" movie (1990).
As a reminder, this was the guy whose neck captain Ramius broke to replace the orders with his own edition and initiate the defection plan.

Reply as

Last name:  
jbreher
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lose: unfind ... loose: untight


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August 20, 2018, 09:46:22 PM

Thanks Jbear.  I must admit with all the BCH forks flying around I am losing track of which BCH is supposed to be the real BCH.  Is it the Peter R or Alex F version or someone else’s?

You seem to be unable to discern the difference between: an instance of a blockchain; and a proposal for an instance of a client.

So is the instance of the client with OP_Group enabled the real BCH client or is the real BCH client the one without OP_Group?

Download 'em, run 'em, and see which work on the blockchain.

Oh, you can't? You won't? Not my problem.
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August 20, 2018, 10:07:57 PM

Bears putting in some work for once.
Bitcoinaire
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August 20, 2018, 10:16:32 PM

Down again!
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August 20, 2018, 10:16:57 PM

This guy market buying 6k coins Cool
Derpinheimer2
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August 20, 2018, 10:20:10 PM

This guy market buying 6k coins Cool
You mean the invisible bid wall that just ate up around 5k BTC? Very nice  Cool
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Godspeed Elwar and Nadia.


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August 20, 2018, 10:21:32 PM

Last name: Ver

NB  I cheated by Googling it and Snoping the Google just to be sure.

serveria.com
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August 20, 2018, 10:24:26 PM

Funny how before every dump we see a wave of beartrolls here spamming and posting their laughable 3k and 5k graphs. Pathetic attempt, you need to try harder!  Grin
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How much alt coin diversification is needed? 0%?


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August 20, 2018, 10:28:57 PM

Guys, this doesn't look pretty to me:



Yeah.... If you draw a bunch of down arrows, and you say that the situation looks bad (or not pretty), then that is really scary. 

It feels almost as if such a negative scenario could actually happen and largely because it is stated on a chart.
micgoossens
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Be safe, Elwar and Nadia !!


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August 20, 2018, 10:31:18 PM

Mmm a dump .... So need a good quality movie before sleeping the nakend gun perfect to keep that smile on my face  Smiley
Let the recovery be BIG and take out al the bears thx and Goodnight
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August 20, 2018, 11:00:24 PM

ni ni. don't let the shitcoiners bite
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August 20, 2018, 11:04:24 PM

This guy market buying 6k coins Cool
You mean the invisible bid wall that just ate up around 5k BTC? Very nice  Cool

 6347 6321 and 6310 were all 3000 btc walls
fwiw
Raja_MBZ
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Be safe, Elwar & Nadia!


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August 20, 2018, 11:07:20 PM

Guys, this doesn't look pretty to me:



Yeah.... If you draw a bunch of down arrows, and you say that the situation looks bad (or not pretty), then that is really scary. 

It feels almost as if such a negative scenario could actually happen and largely because it is stated on a chart.

Those are not just the bunch of down arrows, they are all the attempts of bulls for the short-term breakout; each and every attempt of bulls within the last week failed, and if this continues even a little, it can take us down to around ~$5750.
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August 20, 2018, 11:09:10 PM
Merited by JayJuanGee (1)

Guys, this doesn't look pretty to me:



As the great contraindicator that you are (no offense), I would expect the market to do the exact opposite of that graph  Smiley

HairyMaclairy
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August 20, 2018, 11:10:49 PM

Thanks Jbear.  I must admit with all the BCH forks flying around I am losing track of which BCH is supposed to be the real BCH.  Is it the Peter R or Alex F version or someone else’s?

You seem to be unable to discern the difference between: an instance of a blockchain; and a proposal for an instance of a client.

So is the instance of the client with OP_Group enabled the real BCH client or is the real BCH client the one without OP_Group?

Download 'em, run 'em, and see which work on the blockchain.

Oh, you can't? You won't? Not my problem.

I am fairly confident each will work on their respective blockchains.  Unless you are telling us with utmost confidence that Bcash lol won’t HF in November?
kurious
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August 20, 2018, 11:32:38 PM
Last edit: August 20, 2018, 11:55:39 PM by kurious

Kelly Loeffler, CEO Bakkt:
Quote
A critical element to price discovery is physical delivery. Specifically, with our solution, the buying and selling of Bitcoin is fully collateralized or pre-funded. As such, our new daily Bitcoin contract will not be traded on margin, use leverage, or serve to create a paper claim on a real asset. This supports market integrity and differentiates our effort from existing futures and crypto exchanges which allow for margin, leverage and cash settlement. Coupled with a secure, regulated warehouse solution, you can begin to see how this market infrastructure can help more institutions and consumers participate in the asset class.

https://medium.com/bakkt-blog/https-medium-com-kellyloeffler-price-discovery-f9c77885383

still need to know if they are going to use leverage within their own company
https://twitter.com/CaitlinLong_/status/1031565897167765505

Can't get on Twitter right now, but will check once I can.  It seems they are trying to dodge claims of paper Bitcoin being created by rehypothecation, - and saying 'we will do Bitcoin differently'.  I am still sceptical.  Leopard.. Spots...  

EDIT: I read Caitlin Long's points, she is asking the questions and has been a long term advocate of shares on the Blockchain to prevent things like the Dole Foods shares problem:

https://www.nytimes.com/2017/03/21/business/dealbook/dole-case-illustrates-problems-in-shareholder-system.html
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August 20, 2018, 11:39:59 PM

https://www.justice.gov/usao-sdca/pr/bitcoin-dealer-indicted-money-laundering-charges-held-without-bond
Another bitcoiner kidnapped for the crime of having money.
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