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

[JayJuanGee]

We're old school HODLers here.  These drops have no effect on us anymore.  We were here when one btc could be exchanged for <100 federally backed tokens.  We'll still be here when one btc  doesn't need to be exchanged for federally backed tokens at all.  We'll just use them to buy things when all other currencies are worthless.  And if we want to do so secretly we'll atomically swap them for Monero first. Nothing to see here.  Carry on.

I wish I was as impervious as you seem to be.  Of course I'm new to crypto, and don't have the HODL stash that most of you have, and I didn't buy any of my stash below $6k.

However, the only regret I have today is that I blew my BTFD wad last week.  

You should never blow the whole wadd... either on the BTC end nor on the dollar end.  Perhaps, lesson learned?

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[yefi]

R3 was (or is) a blockchain firm started in 2014.

Some more info http://fortune.com/2018/06/07/blockchain-firm-r3-is-running-out-of-money-sources-say/

Good. They deserve it. They can take their "Bitcoin is the past, Corda is the future" to their grave.

[bitserve]

Jihan exactly knows how much hashpower they do have in total.

::*ahem!*:: Speculation based solely upon allegations not yet entered into evidence. By what mechanism do you think Jihan knows their total hash power?

Craig Wright said they bought the machines from Jihan and it was the majority of Bitmain sales during Q1. I assume Jihan knows how much they sold and its combined hashpower.

[El duderino_]

BULLISH and REVERSAL = nice sound
know just let it be

but the price is going to do whatever it needs to do, and no one can't fight that.  What must happen, always happens. It is all part of the narrative.

[LFC_Bitcoin]

Dr Craig S Wright @ProfFaustus
Well. In 2017 I said there was a MAJOR issue with SegWit.
In mid to late 2019, I will explain it.
It cannot be removed. It cannot be fixed. It is not solvable and, you cannot work around it.

I am not a man prone to violence, but when I see outright blatant lies like this, I really want to clock that fart-huffer square across his moisturized cheek-bone.

I take some solace in knowing this lunacy will likely come to some sort of conclusion, within the next 48-72 hours.

I was panicking a bit earlier, haven’t felt like that since 2014. My nerves have settled now & I’m looking forward to seeing BCH & its shitfork suffer in the coming weeks/days. Their shit show can’t go on for too much longer, right?

And I did BTFD

[Spaceman_Spiff_Original]

So I would not become too self-congratulatory and smug if I were you

Good advice. I will probably eat dirt on the next trade.

I had been waiting for a long long time to put on a sizeable leveraged short if it went under the trendline at 6050-6100 or so, thinking it would go very fast all of a sudden, yet when the moment came... I just didn't. I just sold a little and then I thought, I will wait for a little while now, best not to make any rash decisions all of a sudden...  It continues to baffle me how my mind can play tricks on me.  Now I am left wondering why I didn't carry out my plan...

[HI-TEC99]

Dr Craig S Wright @ProfFaustus
Well. In 2017 I said there was a MAJOR issue with SegWit.
In mid to late 2019, I will explain it.
It cannot be removed. It cannot be fixed. It is not solvable and, you cannot work around it.

I am not a man prone to violence, but when I see outright blatant lies like this, I really want to clock that fart-huffer square across his moisturized cheek-bone.

I take some solace in knowing this lunacy will likely come to some sort of conclusion, within the next 48-72 hours.

I was panicking a bit earlier, haven’t felt like that since 2014. My nerves have settled now & I’m looking forward to seeing BCH & its shitfork suffer in the coming weeks/days. Their shit show can’t go on for too much longer, right?

And I did BTFD

Craig Wright's bullshit gave me a brief moment of panic until I remembered his broken promise to move coins from an early block to prove he's Satoshi. He's told massive lies before, and he'll keep doing it. He didn't keep his proving he's Satoshi promise, and likewise he won't keep his destroying Bitcoin promise because he can't.

[fabiorem]

Here is the true bottom:

[JayJuanGee]

Craig Wright is tweeting literally every 10 minutes tonight


Dr Craig S Wright @ProfFaustus
Well. In 2017 I said there was a MAJOR issue with SegWit.

In mid to late 2019, I will explain it.

It cannot be removed. It cannot be fixed. It is not solvable and, you cannot work around it.

Sorry. You allowed Core to kill BTC.

I did try and stop you.

He wants to stay relevant until mid to late 2019...

and remember that Wright has a bitcoin trust (called tulip trust) that comes available on January 1, 2020... hahahaha.. .yeah right... craig wright attempting to maintain relevance... yes, ongoing attempts.

[JayJuanGee]

Can't wait until BCash SV gets forked. Wonder what they'll name it?

Bitcoin Cash.

which would result in bcash squared. amirite?  or maybe bcash2x? 

or could be bcash, bcash?  That would be catchy.   

[LFC_Bitcoin]

JJG, you’re on fucking fire today

[serveria.com]

JJG, you’re on fucking fire today

These modern drugs do wonders you know... unlike good ol' alcohol n weed... 

[El duderino_]

All shits going crazy and on top of that XRP back second place

The world’s gone mad

[Morecoin Freeman]

What's the deal with the hats? Everyone has this avatar nowadays?

[jbreher]

Jihan exactly knows how much hashpower they do have in total.

::*ahem!*:: Speculation based solely upon allegations not yet entered into evidence. By what mechanism do you think Jihan knows their total hash power?

Craig Wright said they bought the machines from Jihan and it was the majority of Bitmain sales during Q1. I assume Jihan knows how much they sold and its combined hashpower.

Did he say that that was all the hashpower they acquired? Or merely that they acquired the majority of Bitmain's Q1 output? Two different things.

[HI-TEC99]

What's the deal with the hats? Everyone has this avatar nowadays?

What did I miss with all the hats here?

It's because we found out the meaning of life is "People aren't wearing enough hats". This link explains the meaning of life.

[Last of the V8s]

Jihan exactly knows how much hashpower they do have in total.

::*ahem!*:: Speculation based solely upon allegations not yet entered into evidence. By what mechanism do you think Jihan knows their total hash power?

Craig Wright said they bought the machines from Jihan and it was the majority of Bitmain sales during Q1. I assume Jihan knows how much they sold and its combined hashpower.

Did he say that that was all the hashpower they acquired? Or merely that they acquired the majority of Bitmain's Q1 output? Two different things.

not sure if relevant (not really reading your posts now lol) or true, but this was being bandied about on hashpower
https://twitter.com/BryceWeiner/status/1062689549468364800

[Searing]

Dr Craig S Wright @ProfFaustus
Well. In 2017 I said there was a MAJOR issue with SegWit.
In mid to late 2019, I will explain it.
It cannot be removed. It cannot be fixed. It is not solvable and, you cannot work around it.

I am not a man prone to violence, but when I see outright blatant lies like this, I really want to clock that fart-huffer square across his moisturized cheek-bone.

I take some solace in knowing this lunacy will likely come to some sort of conclusion, within the next 48-72 hours.

would be on 1/1/20 access to the Satoshi BTC in HODL as the last man standing..if this group is the Satoshi Group.

So he has NO downside...no matter what the price...so if as a megalomaniac is it better to get credit and have 1/10th the millions being known as the father of BTC

and feed the ego or is it the $$$

my own GOT plan (go to hell plan) if all this BTC and crypto goes tulips by 2020...I will become a 'minimalist' sell everything and get a t9ny house

enlightenment could come hard to me  at a 3k price point on BTC ..just saying

[El duderino_]

via Imgflip Meme Generator

[QuestionAuthority]

So all of this crash was because 2 guys and some more are fighting on twitter over hash power? Ridiculous market.

Its the same impact as a president tweeting something about any company.

But there is a difference from 1 company and a whole international 24/7 market, isn't it? Plus these are supposed to be currencies. It's ridiculous.

It’s only ridiculous because we implemented all those Wall Street regulations to avoid market manipulation.

Who is the "we" that you talk about?

And what are all of the supposed "wall street regulations"?

Bitcoin is hardly regulated...

Of course, regulators try to make some kyc and aml requirements, and they are going to continue to try to make more and more regulations to fit round pegs in square holes, and they may even customize some regulations to bitcoin and to other cryptos and even ICOs.

So far the kyc and aml regs have to do with on and off ramping from fiat and through bank regulated exchanges... Hardly applicable to overall bitcoin claims, right?  No general regulatory body covering world wide, either. 

Are you trying to sugguest something more meaningful about what is going on in bitcoin and various sporadic regs than making vague references to an ongoing desire of various governments (and likely traditional financial institutions) to regulate that some people might have? 

But that would hardly qualify as a "we" would it?  Neither in kind of regulation nor amount of regulation.  What am I missing about your seemingly vague point?

Calm down Jay, it was a joke. No need to bring out the Great Wall of china.