Bitcoin Forum
July 12, 2024, 05:58:33 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Poll
Question: When will BTC get back above $70K:
7/14 - 0 (0%)
7/21 - 1 (3%)
7/28 - 3 (9.1%)
8/4 - 7 (21.2%)
8/11 - 3 (9.1%)
8/18 - 1 (3%)
8/25 - 1 (3%)
After August - 17 (51.5%)
Total Voters: 33

Pages: « 1 ... 21124 21125 21126 21127 21128 21129 21130 21131 21132 21133 21134 21135 21136 21137 21138 21139 21140 21141 21142 21143 21144 21145 21146 21147 21148 21149 21150 21151 21152 21153 21154 21155 21156 21157 21158 21159 21160 21161 21162 21163 21164 21165 21166 21167 21168 21169 21170 21171 21172 21173 [21174] 21175 21176 21177 21178 21179 21180 21181 21182 21183 21184 21185 21186 21187 21188 21189 21190 21191 21192 21193 21194 21195 21196 21197 21198 21199 21200 21201 21202 21203 21204 21205 21206 21207 21208 21209 21210 21211 21212 21213 21214 21215 21216 21217 21218 21219 21220 21221 21222 21223 21224 ... 33534 »
  Print  
Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26415857 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. (174 posts by 3 users with 9 merit deleted.)
Paashaas
Legendary
*
Offline Offline

Activity: 3486
Merit: 4491



View Profile
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
Legendary
*
Offline Offline

Activity: 3108
Merit: 1531


yes


View Profile
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
Legendary
*
Offline Offline

Activity: 1652
Merit: 4392


Be a bank


View Profile
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
hv_
Legendary
*
Offline Offline

Activity: 2520
Merit: 1055

Clean Code and Scale


View Profile WWW
October 01, 2018, 03:03:27 PM

Coffee time for Crypto Bugs

http://coffee4crypto.com
Phil_S
Legendary
*
Offline Offline

Activity: 2096
Merit: 1469


We choose to go to the moon


View Profile
October 01, 2018, 03:09:14 PM

Makes sense to buy a cheap phone just for a trip, with no secret/personal info.
Torque
Legendary
*
Offline Offline

Activity: 3612
Merit: 5108



View Profile
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.
jbreher
Legendary
*
Offline Offline

Activity: 3038
Merit: 1660


lose: unfind ... loose: untight


View Profile
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!
bitserve
Legendary
*
Offline Offline

Activity: 1820
Merit: 1464


Self made HODLER ✓


View Profile
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.
d_eddie
Legendary
*
Offline Offline

Activity: 2562
Merit: 3191



View Profile
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.
cAPSLOCK
Legendary
*
Offline Offline

Activity: 3752
Merit: 5142


Whimsical Pants


View Profile
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.
jojo69
Legendary
*
Offline Offline

Activity: 3220
Merit: 4398


diamond-handed zealot


View Profile
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

AlcoHoDL
Legendary
*
Offline Offline

Activity: 2436
Merit: 4373


Addicted to HoDLing!


View Profile
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.
HairyMaclairy
Legendary
*
Offline Offline

Activity: 1414
Merit: 2174


Degenerate bull hatter & Bitcoin monotheist


View Profile
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
d_eddie
Legendary
*
Offline Offline

Activity: 2562
Merit: 3191



View Profile
October 01, 2018, 06:47:44 PM

Investors IPOwned... nothing to see here gents, please move along.
infofront (OP)
Legendary
*
Offline Offline

Activity: 2646
Merit: 2791


Shitcoin Minimalist


View Profile
October 01, 2018, 06:54:10 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.

Lightning, or something extremely similar, would've been possible without segwit.
El duderino_
Legendary
*
Offline Offline

Activity: 2576
Merit: 12485


BTC + Crossfit, living life.


View Profile
October 01, 2018, 06:57:21 PM

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 *

The complete opposite of my day just 1h box and 1h bodypump behind me  Grin
First thing afterwards is checking WO to see where you are standing with beers and shit Then checking BTC price
And yes its the usual of last weeks you around a six pack of beers and BTC sideways.....
time for Some excitment a BIG pump perhaps ? Bullish end of the year ?
JayJuanGee
Legendary
*
Offline Offline

Activity: 3780
Merit: 10496


Self-Custody is a right. Say no to"Non-custodial"


View Profile
October 01, 2018, 07:02:07 PM

I'm curious to find out if the end-of-year rally will take us to $10.000.

Sure as hell hope so, I’m predicting us to end 2018 on around $12,000. This prediction is based on absolutely nothing except my own thoughts.
13402 to be exactly your OWN thoughts  Grin

yeah, of course.

Just pick any random number that seems possible, and self-servingly bullish of course.     Tongue Tongue Tongue

Just for you, Mic, I hope that BTC prices surpass $24,777 just so that you have to pay out four bets.

JayJuanGee
Legendary
*
Offline Offline

Activity: 3780
Merit: 10496


Self-Custody is a right. Say no to"Non-custodial"


View Profile
October 01, 2018, 07:09:07 PM


What does the information mean exactly?  The fund raisers have cashed out sufficiently to have been able to break even, at least? 

Also, is there a connection of the information to bitcoin? 

For example, if Ethereum and various ICOs are sufficiently done crashing, then they are less likely to bring bitcoin down? 

Sometimes, also, good news will have the opposite effect?
goldkingcoiner
Legendary
*
Offline Offline

Activity: 2114
Merit: 1837


Verified Bitcoin Hodler


View Profile WWW
October 01, 2018, 07:11:06 PM

What kind of beverages are we drinking tonight, gentlemen? I am currently sipping on a lovely bordeau rouge 2012. I don't know about you guys but I am into wine this month.
Beer was last month, when I drank only chiemseer hell, bavarian beer. Refined tastes for refined people.
infofront (OP)
Legendary
*
Offline Offline

Activity: 2646
Merit: 2791


Shitcoin Minimalist


View Profile
October 01, 2018, 07:17:06 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.

I've had some laddered buy orders sitting around for months going from $5,200 to $3,800, or something like that. Tempted to cancel those and just buy in around current levels, as bull season has begun. I'll likely buy in higher if I see confirmation that the bear trend is over.
Pages: « 1 ... 21124 21125 21126 21127 21128 21129 21130 21131 21132 21133 21134 21135 21136 21137 21138 21139 21140 21141 21142 21143 21144 21145 21146 21147 21148 21149 21150 21151 21152 21153 21154 21155 21156 21157 21158 21159 21160 21161 21162 21163 21164 21165 21166 21167 21168 21169 21170 21171 21172 21173 [21174] 21175 21176 21177 21178 21179 21180 21181 21182 21183 21184 21185 21186 21187 21188 21189 21190 21191 21192 21193 21194 21195 21196 21197 21198 21199 21200 21201 21202 21203 21204 21205 21206 21207 21208 21209 21210 21211 21212 21213 21214 21215 21216 21217 21218 21219 21220 21221 21222 21223 21224 ... 33534 »
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!