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

[El duderino_]

I forbid the price to go any lower at this point because I have nothing left to buy with.

then sell that "150K"  worth vacuum cleaner

It’s an old vacuum now. It’s broken so it’s probably only worth $40k at this point. LOL

I got the shit scared out of me at a Starbucks LBC meetup. I was sitting with the seller and two cops came in and then two cop looking dudes in suits right behind them.

They just bought coffee and left. I though I was buying from a drug dealer. 

40k-$ for a broken one still decent.... shut cover a few BTC's to buy

watch out with those drug dealers  
but you did manage to buy some @this dip? thats most important cheers .....
gonna run and work out, @ this DIP i'm highly motivated for that shit

[Elwar]

Looks like coinmarketcap also put Bitcoin SV right in the normal top 100 list.
The percentage over last 24 hours feels a bit off though. I guess it takes another day
to reflect more accurate percentage.

Edit : damn, Bitcoin SV has a lot more markets then i thought...

Do they have a working wallet yet? Looking forward to unloading mine when they do.

[QuestionAuthority]

I forbid the price to go any lower at this point because I have nothing left to buy with.

then sell that "150K"  worth vacuum cleaner

It’s an old vacuum now. It’s broken so it’s probably only worth $40k at this point. LOL

I got the shit scared out of me at a Starbucks LBC meetup. I was sitting with the seller and two cops came in and then two cop looking dudes in suits right behind them.

They just bought coffee and left. I though I was buying from a drug dealer. 

40k-$ for a broken one still decent.... shut cover a few BTC's to buy

watch out with those drug dealers  
but you did manage to buy some @this dip? thats most important cheers .....
gonna run and work out, @ this DIP i'm highly motivated for that shit

I’m glad I’ve got everything I need for now. I’m too paranoid to do that again soon. Got to stop smoking that shitty skunk. Makes me look over my shoulders all the time. LOL

[qwizzie]

Looks like coinmarketcap also put Bitcoin SV right in the normal top 100 list.
The percentage over last 24 hours feels a bit off though. I guess it takes another day
to reflect more accurate percentage.

Edit : damn, Bitcoin SV has a lot more markets then i thought...

Do they have a working wallet yet? Looking forward to unloading mine when they do.

See their website through coinmarketcap, their downloads points to just Github so far.

https://coinmarketcap.com/currencies/bitcoin-sv/

Edit : seems they have 5 wallets under "Services"

[Elwar]

I swear reddit has been taken over by legacy finance guys. Nobody has a clue about Bitcoin (or the reason behind it) there.

Is this the last place on the Internet where people 'get' Bitcoin?

Are we the only ones that will keep the lights on?

[jbreher]

Haven't you realized yet that bcash is ... not serious about any of their supposed technical criticisms of bitcoin...

You are 100% full of shit on this point. Visit the world some day - it's a big place, with wonderful and varied experiences to be had and knowledges to be gained-ed.

Yeah, not only do you not understand the codebase (as you admit),

Irony meter pegged.

LN remains voluntary and relatively small and experimental...

So you concede that LN has not yet demonstrated itself to be a viable mechanism for scaling BTC. Fine.

[Elwar]

Looks like coinmarketcap also put Bitcoin SV right in the normal top 100 list.
The percentage over last 24 hours feels a bit off though. I guess it takes another day
to reflect more accurate percentage.

Edit : damn, Bitcoin SV has a lot more markets then i thought...

Do they have a working wallet yet? Looking forward to unloading mine when they do.

See their website through coinmarketcap, their downloads points to just Github so far.

https://coinmarketcap.com/currencies/bitcoin-sv/

Yep...I went to their github...downloaded their wallet (which only runs on Linux). Far too many dependencies that I did not have to get the thing to compile. Figured I'd wait for someone to come out with one you don't have to compile on a Linux box.

Did Satoshi only run Bitcoin on Linux?

[qwizzie]

Looks like coinmarketcap also put Bitcoin SV right in the normal top 100 list.
The percentage over last 24 hours feels a bit off though. I guess it takes another day
to reflect more accurate percentage.

Edit : damn, Bitcoin SV has a lot more markets then i thought...

Do they have a working wallet yet? Looking forward to unloading mine when they do.

See their website through coinmarketcap, their downloads points to just Github so far.

https://coinmarketcap.com/currencies/bitcoin-sv/

Yep...I went to their github...downloaded their wallet (which only runs on Linux). Far too many dependencies that I did not have to get the thing to compile. Figured I'd wait for someone to come out with one you don't have to compile on a Linux box.

Did Satoshi only run Bitcoin on Linux?

Check "Services" on their website. Although those look to be third party wallets.
So i guess no binaries yet of their own wallet.

[alevlaslo]

SV have news today, released a roadmap with a promise of up to 6.5 million transactions per second

[LoyceV]

SV have news today, released a roadmap with a promise of up to 6.5 million transactions per second

But why? I'm not even going to consider whether or not they can accomplish that, but why would anyone ever need 100+ times more transactions than Visa processes?

[qwizzie]

SV have news today, released a roadmap with a promise of up to 6.5 million transactions per second

But why? I'm not even going to consider whether or not they can accomplish that, but why would anyone ever need 100+ times more transactions than Visa processes?

To prove scalability ? Which was a problem for Bitcoin in 2017 (together with rising transaction fees).
This could lead to on-chain scalability solution (128mb) versus off-chain scalability solution (Lightning Network) debate.

[markj113]

SV have news today, released a roadmap with a promise of up to 6.5 million transactions per second

But why? I'm not even going to consider whether or not they can accomplish that, but why would anyone ever need 100+ times more transactions than Visa processes?

Probably going to be needed for all the BTC dumping thats about to happen lol

[BTCMILLIONAIRE]

LN remains voluntary and relatively small and experimental...

So you concede that LN has not yet demonstrated itself to be a viable mechanism for scaling BTC. Fine.

Not sure something that's voluntary can't be viable or have been demonstrated to be such.

[El duderino_]

Here comes the pain.

Well, I love being wrong.

Looked like we were about to plunge through $3,500 there for a bit.

HODL on, HODLers.

Good, GOOD , i love it when your wrong

And i guess we Will hodl on

[nutildah]

LN remains voluntary and relatively small and experimental...

So you concede that LN has not yet demonstrated itself to be a viable mechanism for scaling BTC. Fine.

Not sure something that's voluntary can't be viable or have been demonstrated to be such.

jbreher is on crack. I saw him smoking outside yesterday. told him to go down a block, take his cracky shenanigans away from my property. he just kind of looked at me with a blank stare, muttered "Segwet Bag Holder!!!", then scurried off into the dawn.

[El duderino_]

via Imgflip Meme Generator

[makrospex]

SV have news today, released a roadmap with a promise of up to 6.5 million transactions per second

But why? I'm not even going to consider whether or not they can accomplish that, but why would anyone ever need 100+ times more transactions than Visa processes?

To prove scalability ? Which was a problem for Bitcoin in 2017 (together with rising transaction fees).
This could lead to on-chain scalability solution (128mb) versus off-chain scalability solution (Lightning Network) debate.

This debate already took place around the BCH split / the forming of the movement known as "bigblockers"...
Scalability is not one-dimensional here. Block times, sizes, TX rates and payment channel capabilities are at least the most important factors.
Judged by the view on blockchains or models of forked off bitcoin siblings by their creators, it should be clear that they don't understand much about the underlying technology. Everyone just pushes single aspect of their blockchain features. You can clearly tell a strong ego from that. If the biggerblocker fails, bigblocker is likely bound to fail too. I's consider this as healthy for the crypto business.

[mindrust]

Looks quite bullish to me:

If this isn't a double bottom, then I don't know what is.

[empowering]

It doesn't look like much of a double bottom if you look at the daily chart

I'm not convinced by the volume at these levels - not enough of a convincing bounce

Going to test $3150 ish  at least imo maybe not today, maybe not tomorrow.. but I do think we are going to test that region

[TheCactus]

Support will snap like a stale candy cane. Christmas will be a massacre.