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

[JayJuanGee]

Back at that beautiful place of having no fucking clue what to do. Not to say I am unhappy. As per usual sitting with a more then advisabley large position for what I have saved, but I have been holding like a good little boy and it damn sure has paid off.

The slow walk up to break 7k makes me feel good, but now I once again hear that nagging evil feeling that I should sell and take profit and stop being such a greedy bastard. Problem is I believe too much and sometimes that gets in the way of making good decisions. It's one of those things I suppose. Even if I hold and it dips back who cares? I can wait for however long and it will return to a higher price so no one will stop me from profiting dammit!!

What's the outlook short term in your opinion gents?

Since you are showing anxiety, your current formula does not seem to be working.

Accordingly, you need to figure out some kind of sell formula that works for you.

Currently, I am in a system that sells about 1% to 1.5% for every 10% that the price rises, with price increments that suit my current feelings - maybe every $200 to $1,000 increments, depending on where the price is at.

Of course, you do not need to pick percentages or increments that are similar to mine, but the fact that you are showing some anxiety seems to demonstrate that you need to consider some kind of system that will make you more comfortable to shave off a little profits here and there.

On a personal level, with such ongoing bitcoin volatility, I do end up using some of my sell proceeds to buy back, so it does not seem like I am wasting the fiat that tends to accumulate, and also after you do this kind of sell on the way up and buy on the way down incrementalism for a while, you tend to end up stacking up both fiat and bitcoins in order that you have some bitcoins on the top end and some fiat on the bottom end to be prepared for either BTC price direction.   

[JayJuanGee]

I could live with the ARI PAUL prediction that somewhere in 2018 we Will see BTC trading @6000$ as iT would be trading @ 60000 $
So the first 50% of the prediction we have reached i would say the other 50% doesn’t need to complete like half or So would be more than amazing from This point  

I thought that I heard him interview about that recently, and he had to modify his prediction because he was anticipating UP before DOWN, and right after his prediction, price went down to $6k... accordingly, he is no longer so optimistic about $60k in 2018... something like that.

[El duderino_]

I could live with the ARI PAUL prediction that somewhere in 2018 we Will see BTC trading @6000$ as iT would be trading @ 60000 $
So the first 50% of the prediction we have reached i would say the other 50% doesn’t need to complete like half or So would be more than amazing from This point  

I thought that I heard him interview about that recently, and he had to modify his prediction because he was anticipating UP before DOWN, and right after his prediction, price went down to $6k... accordingly, he is no longer so optimistic about $60k in 2018... something like that.

Yeah i heard the podcast with polk as well but i Just say iT cause he said 6k as 60k So half the job was done for little over half the year So iT needs to start up those bull engines and give us Some popcorn times to be in.....

[the artful bodger]

Craig claims Base58 was used by FlickR in 2007 in this tweet after being asked if he invented it.

https://twitter.com/ProfFaustus/status/1034107267568885763

Didn’t you invent base58check? You should explain why..

.

No, Base58 was used by FlickR in 2007

He states that again here.

https://twitter.com/ProfFaustus/status/1034124182181830656

It explains the format Flikr introduced in 2007 on their servers...

However this blog post from 2009 contradicts that by saying flickr recently introduced its short URL service which makes use of base58.

http://mattsblog.ca/2009/08/08/flickr-short-url-generator/

August 8th, 2009 at 5:14 PM (9 years ago) by Matt Freedman

Recently, Flickr introduced its short URL service for all photos (and videos) hosted on Flickr. All photos and videos have a corresponding flic.kr URL associated with them, in the format of flic.kr/p/xxxxxx (the last part is the base-58 encoding of the photo-id)

If flickr was using base58 on its servers in 2007 it should show up in short links in the source code of pages archived back then, but it doesn't.

The image on this page was archived in 2007, then again in 2009.

http://www.flickr.com:80/photos/pmorgan/32606683/

A shortened link to it containing base58 doesn't show in the December 2007 snapshot of it, but does in the 2009 snapshot. Search the source code of these two snapshots for flic.kr/p/ yourself. It only appears in the 2009 snapshot.

https://web.archive.org/web/20071011015832/http://www.flickr.com:80/photos/pmorgan/32606683/

https://web.archive.org/web/20090929075056/http://www.flickr.com:80/photos/pmorgan/32606683/

I wonder if flickr would confirm it copied base58 from bitcoin and didn't invent the format itself.

[El duderino_]

via Imgflip Meme Generator

this days i see everything BTC related .... dragon ball z everywhere, heads with bulls and bears today again this very aggressive pair of socks .... but the BULL in me forced me of not buying it this time
    whatever its holliday time for another few days cheers and have a drink on this SMALL pump but better than another big dive into the red numbers

[Torque]

Out-fkn-standing

https://twitter.com/nickfogle/status/1033876976577273857

I didn't want to worry about configuring a satellite dish, so I'm transmitting to Iridium's low orbit satellite constellation (this is what the US Military uses). Data speeds are a bit slower, but you can connect from anywhere on earth.

So a nail in the coffin to the 'ol "Well bitcoin will be useless if the power grid goes down" argument.

[serg_13]

such bearish very newb wow

[jojo69]

oh man, my body hurts


love you guys



if anyone has the opportunity to catch Beats Antique, absolutely do so

[El duderino_]

Ow Where is that ? Ain’t looking like Tomorrowland or So...? 
Have a good time and No its not cause off the crazy pills or booze.... we actually have a pump 

[crypmike]

nice profit-loss relation by CNBC (again)  
Is it a signal to sell?



https://twitter.com/CNBCFuturesNow/status/1034489286039486464

[HairyMaclairy]

I think CNBC is just trolling at this point.  

You don’t put your entry just below the trend line and your exit just above the trend line.  That’s making your own life unnecessarily hard for no real gain. It’s the exact same thing they did with shorting, putting their short entry above the trend line and short exit below the trend line.  

[bitcoinPsycho]

[jojo69]

Ow Where is that ?

Horning's Hideout, West of Portland, gorgeous site

and a party like only West coast hippies can do it


what a pleasant market to return to, well done team

[Raja_MBZ]

The rise of crypto in higher education

https://blog.coinbase.com/the-rise-of-crypto-in-higher-education-81b648c2466f

[crypmike]

would be nice

[Last of the V8s]

[elrippos friend]

Made my day

[infofront]

EDIT: For the record, I don't recommend eating ass. It's terrible.

I must disagree.

OK. Fine.

If you insist on a challenge, I will caveat my position on ass-eating.

"Ass-eating is OK, fresh-out-of-the-shower, as an appetizer. Don't ever eat ass for dessert. I mean, unless that's your thing. In which case, that's OK too. I guess..."

I'm glad we could reach an agreement.

[bones261]

Craig claims Base58 was used by FlickR in 2007 in this tweet after being asked if he invented it.

https://twitter.com/ProfFaustus/status/1034107267568885763

Didn’t you invent base58check? You should explain why..

.

No, Base58 was used by FlickR in 2007

He states that again here.

https://twitter.com/ProfFaustus/status/1034124182181830656

It explains the format Flikr introduced in 2007 on their servers...

However this blog post from 2009 contradicts that by saying flickr recently introduced its short URL service which makes use of base58.

http://mattsblog.ca/2009/08/08/flickr-short-url-generator/

August 8th, 2009 at 5:14 PM (9 years ago) by Matt Freedman

Recently, Flickr introduced its short URL service for all photos (and videos) hosted on Flickr. All photos and videos have a corresponding flic.kr URL associated with them, in the format of flic.kr/p/xxxxxx (the last part is the base-58 encoding of the photo-id)

If flickr was using base58 on its servers in 2007 it should show up in short links in the source code of pages archived back then, but it doesn't.

The image on this page was archived in 2007, then again in 2009.

http://www.flickr.com:80/photos/pmorgan/32606683/

A shortened link to it containing base58 doesn't show in the December 2007 snapshot of it, but does in the 2009 snapshot. Search the source code of these two snapshots for flic.kr/p/ yourself. It only appears in the 2009 snapshot.

https://web.archive.org/web/20071011015832/http://www.flickr.com:80/photos/pmorgan/32606683/

https://web.archive.org/web/20090929075056/http://www.flickr.com:80/photos/pmorgan/32606683/

I wonder if flickr would confirm it copied base58 from bitcoin and didn't invent the format itself.[/size]

Darn, I was starting to give Craig  S Wright the benefit of the doubt since he is giving Jihan Wu the business.   He also made an error in this tweet. https://twitter.com/ProfFaustus/status/1034476452522156032 His calculations for a 56k modem is in bytes when it should be in bits.

[bitserve]

Darn, I was starting to give Craig  S Wright the benefit of the doubt since he is giving Jihan Wu the business.   He also made an error in this tweet. https://twitter.com/ProfFaustus/status/1034476452522156032 His calculations for a 56k modem is in bytes when it should be in bits.

What benefit of doubt? The guy has demonstrated countless of times how full of shit he is.

I am fully expecting the day when we can see the thousands of patents he says he has been maniacally submitting during the past few months. Spoiler: https://www.youtube.com/watch?v=4lQ_MjU4QHw