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

[jbreher]

The million btc meme is a myth. https://bitcointalk.org/index.php?topic=175996.msg1832988#msg1832988 onwards

You seem to have stopped reading that thread before more info was brought to light. See e.g. https://bitcointalk.org/index.php?topic=175996.msg1834763#msg1834763 et supra.

More germane, long ago there was a blog post -- later updated -- that charted the extra nonce value against block number for the first couple years of Bitcoin's existence. The evidence based upon monotonically increasing extra nonce, with roughly the same derivative (d-nonce/d-height) is quite compelling that a single entity mined over 960K (or was it 980K?) Bitcoins in that period, and that the same entity mined the first few blocks.

That blog might have been written by Lerner, maybe by Sirer (...damn three-named peoples...), or maybe someone else. Memory cloudy.

If there is significant counter argument, I'd appreciate a link.

[El duderino_]

I cashed out my long position last night for a modest gain (trading stash - not hodling stash).
It looks like we're going to keep going down.

Mmmmm infofront turning into a reverse indicator perhaps? 

[jbreher]

Sometimes I want to kill myself.  Its so unfortunate that I never heard about bitcoin back then.  It's something I would of been all over because I always knew the central banking system is a complete scam.  Its just unlucky I never heard it or came across it.  I'm in deep financial trouble now and about to be homeless.

I don't mean to pile on in face of your financial woes. But you seem to be mired in self-defeatism.

You are not unfortunate for not learning of Bitcoin before now. You are instead fortunate for learning of Bitcoin before next year.

What you do with that knowledge is up to you. I know many who took a pass in 2010, in 2011, in 2012,... There's a lesson in there somewhere.

[goldkingcoiner]

Lambos are so 2017



https://twitter.com/tyler_crypto/status/1052445166928371712

I would never buy a Tesla. I hate that prick Musk.

[infofront]

I cashed out my long position last night for a modest gain (trading stash - not hodling stash).
It looks like we're going to keep going down.

Hey, careful there bud.  I know you got the red hat and all but we're trusting you know how to use it correctly. Bearish comments such as this while "wearing" that hat could be devastating.   You wouldn't want to have to eat your new hat now, would you?

I think it's likely we need to bounce down in the meme triangle:



Longer term, I still think the bottom is in. Volume has steadily decreased to the point of basically flatlining. The big exception was  Oct. 15, which had huge volume. The fact that it was huge volume on a green candle was telling.

We're in "Depression", heading toward "Disbelief". The big green dildo Monday was the market showing its hand, IMO.

[jojo69]

[bitcoinPsycho]

Last one for tonight.  



 
 I didn't make hats for those participating in sig campaigns or those whose avatar I couldn't find a larger version of.   If anybody else wants one, let me know (and if you could provide a larger version of your avatar, that would be awesome).

 Thanks everyone for humouring me.

great work. if you get the time I would be enternely greatful for a new hat

 Gladly.  Any colour preference?

thanks mate .. black would be good

 Here you go.  I had some trouble making the image fit properly due to the aspect ratio so I quit trying and cropped it.  Hope its okay.



Avatar-sized

 

I love it . thankyou so much . I will ware it with pride. merits coming your way ..when I get some  

[Last of the V8s]

The million btc meme is a myth. https://bitcointalk.org/index.php?topic=175996.msg1832988#msg1832988 onwards

You seem to have stopped reading that thread before more info was brought to light. See e.g. https://bitcointalk.org/index.php?topic=175996.msg1834763#msg1834763 et supra.

More germane, long ago there was a blog post -- later updated -- that charted the extra nonce value against block number for the first couple years of Bitcoin's existence. The evidence based upon monotonically increasing extra nonce, with roughly the same derivative (d-nonce/d-height) is quite compelling that a single entity mined over 960K (or was it 980K?) Bitcoins in that period, and that the same entity mined the first few blocks.

That blog might have been written by Lerner, maybe by Sirer (...damn three-named peoples...), or maybe someone else. Memory cloudy.

If there is significant counter argument, I'd appreciate a link.

course i read on and elsewhere, where all the power rangers and OG's continue to correct, ignore or rib him. he's always been a cook https://twitter.com/SDLerner rsk.lol https://bitcointalk.org/index.php?action=profile;threads;u=24826;sa=showPosts risky threads abound.
it was Sergio again https://bitslog.wordpress.com/2013/09/03/new-mystery-about-satoshi/ https://bitcointalk.org/index.php?topic=286883.0
but as you know even cooks get something right sometimes and i myself get everything wrong almost all the time.

[JayJuanGee]

{—-snip—-}
It looks like we're going to keep going down.

Can’t be too sure, we never know when the next whale or group of whales may work in coalition to manipulate the price, might be upwards. It’s why I don’t day trade, I HODL!

I have a bit of a difficult time with making any kind of great moves when largely we are within only about a 5% channel.

Surely, I have orders that fill when it goes up (which means that I am selling), and my orders on Binance filled all the way to $7,550-ish - and so then there were buys as that came back down. 

However, on Bitstamp, I hardly had anything fill, and that's part of my point, I don't see how any kind of major moves would be happening when the BTC price is not moving very much - except for those tether trading exchanges... and even though the tether exchanges are coming a bit closer to the non-tether exchanges, it seems that the disparity between tether exchanges and non-tether is still around 5% even tether itself is about 3% down from the dollar (was keeping 2% but dropped another 1% today, go figure?).   

Anyhow, maybe the Tether drama is not over yet, or whatever other means that might be available to make sure all the weak hands are shaken from anything, whether based on tether or maybe attempt to shake  a few shitcoiners (Ethereum and Bcash, but any of the alts would be fair game).

[xhomerx10]

Do you need to pay for a hat?

  The hats are free.

That's great

 One zenned-out doggie.




Avatar-sized

[xhomerx10]

I didn't make hats for those participating in sig campaigns or those whose avatar I couldn't find a larger version of.   If anybody else wants one, let me know (and if you could provide a larger version of your avatar, that would be awesome).

I lost my pants to a tricky Mayor during a memorable season a long time ago. I'll need to be careful not to lose my hat by eating it.

 Hold on to your hat then!



 Avatar-sized

[infofront]

Pantera eye the bottom, CEO thinks ETF is years away: BTC bull run 2019?

[JayJuanGee]

Sometimes I want to kill myself.  Its so unfortunate that I never heard about bitcoin back then.  It's something I would of been all over because I always knew the central banking system is a complete scam.  Its just unlucky I never heard it or came across it.  I'm in deep financial trouble now and about to be homeless.

I don't mean to pile on in face of your financial woes. But you seem to be mired in self-defeatism.

You are not unfortunate for not learning of Bitcoin before now. You are instead fortunate for learning of Bitcoin before next year.

What you do with that knowledge is up to you. I know many who took a pass in 2010, in 2011, in 2012,... There's a lesson in there somewhere.

I think that any of us could either NOT know about something and then fail to prosper, and we can also learn about something and either not act upon it or to execute badly.  Other scenarios would be either to profit modestly or to profit stupendously.

The more important point is considering any matter in terms of the present and NOT kicking ourselves for failing to act in the past, but devising a plan for the present based on what we have come to find out.  Even though the past is not any kind of guarantee of future performance, the past provides us with a decent amount of information in order that we can create reasonable plans in the present. 

Continued screw ups are likely to take place, with almost anyone, but there are definitely ways to profit stupendously by knowing about bitcoin, planning and acting upon created plans, including tweaking the plan along the way.

[nikauforest]

A serious hat virus has taken over the forum. Has anyone noticed

[leetlezee]

~snip~

Looks like xhomerx10 is busy making caps for his hat convention.

Meanwhile...

[d_eddie]

I didn't make hats for those participating in sig campaigns or those whose avatar I couldn't find a larger version of.   If anybody else wants one, let me know (and if you could provide a larger version of your avatar, that would be awesome).

I lost my pants to a tricky Mayor during a memorable season a long time ago. I'll need to be careful not to lose my hat by eating it.

 Hold on to your hat then!



 Avatar-sized

Wow how cool! I look like a champ with this thing on!
THANK YOU xhomerx10!  

[El duderino_]

I think I may need a hat to comfort me in this hellish market.

https://upload.wikimedia.org/wikipedia/en/9/95/GNFOS_poster.jpg
... was the largest source image I could find for my avatar (avatar not flipped 180 horizontally in source image)

 

There cannot be a hat catapulation whiteout you having one.....
And Maybe work a beer in the hat as well or something, to keep the liver under control

[jojo69]

now we should go raid some other threads with our hats on

[Astargath]

Lambos are so 2017



https://twitter.com/tyler_crypto/status/1052445166928371712

I would never buy a Tesla. I hate that prick Musk.

Watch your mouth, Musk will save humanity soon.

[Last of the V8s]

now we should go raid some other threads with our hats on

could you go to the relevant threads here

tell them their little shits are overpriced and overvalued to the tune of 1000x
and they need flushing down the toilet of history?
tia