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Question: Closing BTC Price June 28:
$0 - 0 (0%)
<$7,000 - 0 (0%)
$7,000-$7,499 - 0 (0%)
$7,500-$7,999 - 0 (0%)
$8,000-$8,499 - 0 (0%)
$8,500-$8,999 - 0 (0%)
$9,000-$9,499 - 0 (0%)
$9,500-$9,999 - 0 (0%)
$10,000-$10,499 - 0 (0%)
$10,500-10,999 - 0 (0%)
$11,000-$11,499 - 0 (0%)
$11,500-$12,000 - 0 (0%)
>$12,000 - 0 (0%)
>$20,000 - 0 (0%)
Total Voters: 0

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 21230401 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. (66 posts by 16 users deleted.)
Last of the V8s
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Be a bank.


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October 01, 2018, 01:20:01 PM
Last edit: October 01, 2018, 01:40:59 PM by Last of the V8s

As was foretold thirty years nigh by no less an organ than The Economist ( https://twitter.com/LordCatoshi/status/1046723675502858240 )
The bottom is in and The Phoenix will rise today

1561034201
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Reply with quote  #2

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kurious
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October 01, 2018, 01:26:36 PM

stuff i've been looking at while the market chops
https://medium.com/@lopp/a-modest-privacy-protection-proposal-5b47631d7f4c some howlers but a good start
and
http://www.cs.virginia.edu/~robins/YouAndYourResearch.html same
versus
https://uwspace.uwaterloo.ca/bitstream/handle/10012/13649/Vossen_Emma.pdf State-of-the-art PhD application
Quote
It is important to note that, “a formal and official” process is often nor[sic] required to join a cultural group and therefore “a degree of actual and imaginary connection with other members would be needed” to claim the identity of the cultural group and become part of that groups[sic] culture (Chang 21). In other words, becoming part of games culture is based entirely on your own personal sense of belonging and your “actual and imaginary connection with other members” (Chang 21). Conversely, members will also develop a sense of who they feel does not belong.
insert headdesk meme

Some excellent and thought-provoking reading, LA / V8..

And hearty congrats on reaching the status that many here on the WO probably reckoned you already had.  Keep it up, eh?
Last of the V8s
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October 01, 2018, 01:38:59 PM

Thanks guys for the congrats and the merits but it's a travesty.
Am totally not worthy to be in the same leagues ('legendary') as some of you. Even jbreher did a good thing once.
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October 01, 2018, 01:50:49 PM
Merited by Last of the V8s (1)

Thanks guys for the congrats and the merits but it's a travesty.
Am totally not worthy to be in the same leagues ('legendary') as some of you. Even jbreher did a good thing once.

In light of your recent posts and of events that have happened to me in the past, I would advise you to take measures to secure your account on bitcointalk.
There is a post
https://bitcointalk.org/index.php?topic=497545.0
that explains how you can take steps to protect your account (although it didn't do me any good!)
Legendary accounts are going for quite an amount these days.
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★Bitvest.io★ Play Plinko or Invest!


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October 01, 2018, 02:10:36 PM
Merited by bones261 (1), Last of the V8s (1)



this picture is lacking checking cmc or blockfolio every 5min
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October 01, 2018, 02:11:38 PM
Merited by JayJuanGee (1)

Be aware if you travel to New Zealand these days.




https://www.radionz.co.nz/news/national/367642/travellers-refusing-digital-search-now-face-5000-customs-fine

WTF?
Wekkel
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yes


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October 01, 2018, 02:45:51 PM


Never go to New Zealand.

On a separate note, Bitcoin price is cooling down in the 4hr chart but I think support will be found just below the $6,500 level. In other words: the sideways trend continues.
Last of the V8s
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October 01, 2018, 02:57:43 PM
Last edit: October 01, 2018, 03:07:51 PM by Last of the V8s
Merited by JayJuanGee (1)

or oz/uk/us
https://www.dailymail.co.uk/news/article-6213007/Police-want-mobile-laptop-passwords-jailed-refusing.html
https://techcrunch.com/2017/09/25/traveler-who-refused-to-give-device-passwords-to-police-found-guilty-of-obstruction-in-uk-court/
https://www.theregister.co.uk/2017/03/20/appeals_court_contempt_passwords/

they "just want to" strip a few btc from a few tards, who frankly almost deserve it if they're stupid enough to play that charade
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October 01, 2018, 03:03:27 PM

Coffee time for Crypto Bugs

http://coffee4crypto.com
Phil_S
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October 01, 2018, 03:09:14 PM

Makes sense to buy a cheap phone just for a trip, with no secret/personal info.
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October 01, 2018, 03:14:45 PM

OT : Bitcoin-related pump and dump of the day - Overstock.com

Look at the 5-year chart, lol
https://www.google.com/search?q=overstock+stock&ie=utf-8&oe=utf-8&client=firefox-b-1

Feel sorry for anyone that got caught up in that. Overstock is still a good company and Patrick is the bomb of CEOs.
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lose: unfind ... loose: untight


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October 01, 2018, 03:19:22 PM

Thanks guys for the congrats and the merits but it's a travesty.
Am totally not worthy to be in the same leagues ('legendary') as some of you. Even jbreher did a good thing once.

cheers!
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October 01, 2018, 03:34:56 PM
Merited by vapourminer (1)


Never go to New Zealand.

On a separate note, Bitcoin price is cooling down in the 4hr chart but I think support will be found just below the $6,500 level. In other words: the sideways trend continues.

Never travel without your clean "disposable" electronics (laptop/phone). That way you don't even have to worry much about theft or losing em.

In other words, always repurpose your older devices as traveling gear when you do upgrade.
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October 01, 2018, 04:17:01 PM

Just bought s'moar. Dollar cost averaging on its way, especially on the way down as someone else has drilled into our collective heads  Grin

I hope my timing is lucky this time around. Not so much for the small advantage of buying slightly cheaper, but as a good start for a year final bull run in bitcoin's best tradition. Every moon climb begins by tackling a hill.
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October 01, 2018, 04:19:06 PM

Segwit and nonsegwit are all "on the blockchain."  I don't know how anyone who has been in bitcoin for a while would conclude that segwit is NOT on the blockchain?  I do believe that segwit has allowed the transactions per second to jump up dramatically and if you hit refresh on that page you will see the transactions per second jumping around between 10tsp and over 300tsp...   It seems that before segwit, there were proclamations that the bitcoin blockchain could only process a maximum of 7tps.

Yeah... about that....

Segwit or no segwit, BTC is utterly incapable of averaging 300 tps. By a couple orders of magnitude. Block weight will not allow it.

People testing the lightning network are seeing 400TPS easily between two nodes.  

Segwit let that happen.

Note the "on the blockchain" in the quote that advances the mistaken notion -- which I corrected -- that ...

Oh fuck it. If you're determined to be a loon, go ahead. Knock yourself out.

But what difference does it make, jbreher, if "on the blockchain" or not,

Because 'on the blockchain' means 'on the blockchain'.

Because words have meanings.

Because the total value accessible* on the pan-global lightning network won't even buy a single house in some markets.

*Because that total value really isn't 'accessible' anyhow.

We that is the fundamental argument is't it?  I mean you ad-hom calling me a loon is not very effective, but that aside, The choice of the Bitcoin camp is to move mass tx *off* chain.  And segwit allowed that.  The Choice of the BitcoinCash crowd is to have every transaction permanently recorded on the main chain.  I think the layer-2 way is right, and therefore I am glad to see hundreds or thousands of tx/sec to move OFF the blockchain.
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October 01, 2018, 05:13:15 PM
Merited by jbreher (1)

jeez guys...I don't know what is happening

I'm supposed to be an OG bitcoin sophisticate and shit.




I'm bored man, I mean, I really appreciate y'alls efforts to entertain and engage, I really do, but man, the rain is coming soon and this sideways is boring as fuck.

it might be time

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October 01, 2018, 05:28:03 PM

[...]

The choice of the Bitcoin camp is to move mass tx *off* chain.  And segwit allowed that.  The Choice of the BitcoinCash crowd is to have every transaction permanently recorded on the main chain.  I think the layer-2 way is right, and therefore I am glad to see hundreds or thousands of tx/sec to move OFF the blockchain.

Exactly! I just can't imagine my daily morning coffee and other petty, insignificant purchases being permanently recorded on-chain, and having to be copied to millions of devices on the network and preserved ad-infinitum... This would soon result in a monstrously large blockchain that contained mostly worthless junk. It just seems so pointless and a great waste of resources.

Logic dictates that, as Bitcoin grows and adoption increases, the blockchain should tend to contain mostly transactions of non-trivial value, that are either transfers of non-trivial amounts of value/wealth, or aggregates of smaller transactions coming from one or more off-chain layers, such as the Lightning Network. Such "layered" approaches are already being successfully utilized in several computer science concepts that are being used by you and me everyday. Computer networking is one of them.

Regardless of what each of us support, the Bitcoin ecosystem will find its way, and, almost by definition, will move towards the optimal solution to the scaling problem. "Vires in numeris." Nothing to worry about. Just HoDL and enjoy the show.
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October 01, 2018, 05:45:03 PM

Goldman invests in Bitcoin B2B payment services start up Veem

https://cointelegraph.com/news/goldman-sachs-leads-25-million-funding-round-for-blockchain-payments-startup-veem
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October 01, 2018, 06:23:22 PM
Last edit: October 01, 2018, 07:00:20 PM by BobLawblaw
Merited by LFC_Bitcoin (1), mindrust (1)

Monday: 1:23pm - 4 beers flowing through my veins already.

Experimenting with high-quality vape products, additionally.  Cool

It's going to be one of those weeks.

Feels like more sideways to me.

EDIT:

"BTCKING555 (@btcking555) 2m2 minutes ago

Latest from insider Bitmain Q3 results are shaping up much worse than expected. There will be even more massive inventory and crypto write-downs. that in addition to collapsing S9 prices and skyrocketing network difficulty #bitmainipo @HKEXGroup
"

https://twitter.com/btcking555/status/1046828022958116867

EDIT2:


https://twitter.com/btcking555/status/1046830200372318213

EDIT3:

* cracks open Beer #5 *

EDIT4:

BTCKING555 @btcking555 (5m5 minutes ago)

There were 3 things propping up BCH: 1) Bitmain exploiting Seller Market forcing customers to buy S9s for BCH 2) Bitmain liquidating its BTC stash to buy BCH 3) Bitmain using its profits. All of the above is gone now: 1) Buyers Market 2) No more BTC 3) Huge Losses. BCH is Doomed!

https://twitter.com/btcking555/status/1046835554514608130
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October 01, 2018, 06:47:44 PM

Investors IPOwned... nothing to see here gents, please move along.
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