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

[El duderino_]

All aboard.... the BTCexpress Will expand with no doubt .....

<<<--- afraid to look at price.

Then look @the current amount of BTCholdings, still the same?

[yefi]

I too am looking at a 100-200k price range for the next bubble.
I am taking a scenario into account where it will take more years to get there due to the potential for a nasty recession in the coming years though.  I am not putting all my chips on that scenario though, I have been prone to doomsday-thinking and getting the macro trends completely wrong in the past.

Pretty much spot on my estimate for the next bull run (assuming we don't do anything crazy like go triple digits). What happens beyond that I am much less sure about. Perhaps much more mundane growth or perhaps hell.

[Bitcoinaire]

It looks like the low is in or it's pretty close.

Anyway, I was sifting through my old bookmarks and found this interesting article about bitcoin from December 2016.

https://medium.com/@mcasey0827/speculative-bitcoin-adoption-price-theory-2eed48ecf7da

[bitserve]

Breaking: Numerous Bitcoin Wallets May Have Been Compromised by Rogue Developer

https://www.ccn.com/breaking-numerous-bitcoin-wallets-may-have-been-compromised-by-rogue-developer/

A user with very little coding activity on GitHub requested publishing rights to the event-stream library from its previous maintainer, Dominic Tarr, who said that he had not maintained the repository
in years and gave control to the new user, called right9ctrl.

The library event-stream is used in many Node.js applications. According to a complainant on GitHub, the new maintainer right9ctrl either pulled a sneaky move to inject malware or unknowingly had the
same effect as if he had, that effect being that it would leak private keys from applications that relied on both the event-stream and copay-dash modules.

Basically, the developer updated the module with malware and then patched the problem to avoid detection, but the numerous people who had already installed it remain affected.
Copay — whose open-source code is itself used by many crypto applications — would be just one of many that use the library, but it happens to be built and maintained by a multi-million dollar
Bitcoin payment processing company — BitPay — which raises questions on its own.

And that's why we use hardware wallets to have an additional layer of protection against leaking the private key.

Software hot wallets will always be much more vulnerable.

[Last of the V8s]

[Toxic2040]

Bitcoin closed out the day with significantly higher volume's and a potential swing low. Is a change in momentum in the air?

1h



4h



D

#hodl

--------------------
On a aside..


Mars InSight touched down today 6 months after launch. Here is a pic right after a successful propulsive landing. (Dust cover still over lens unfortunately in this frame.) Big congrats to NASA and JPL for some nifty engineering.

[Last of the V8s]

£1 is 1/163lb silver
1 bitcoin cash is 2 bitcoin cashes
1 bitcoin is 1 bitcoin

[Searing]

Ah..but which BTC? Craig Wright claims he will 'destroy' BCH ABC with his now BSV coin..will be the 'true' BCH....and then move on and 'exploit' hidden flaws in BTC seg witness

by the end of 2018! Becoming the 'one true coin' with his 'modest' self in control!

(Craig Wright ...the Jim Jones of crypto...ie the 'kool-aid' is poison)

FML...if he is Satoshi we are beyond f**ked

[Last of the V8s]

doooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooo oooooood
get a grip

[bitserve]

It looks like the low is in or it's pretty close.

Anyway, I was sifting through my old bookmarks and found this interesting article about bitcoin from December 2016.

https://medium.com/@mcasey0827/speculative-bitcoin-adoption-price-theory-2eed48ecf7da

I wouldn't say we in the "Boring low" yet. Maybe a depressing or devastating low... but the price still has some life.

And I still don't see enough people selling for good. The price might be low, but there is still too much confidence in a future bull run that will made us all rich.

[qwizzie]

NASA Livestream of Mars lander : https://www.youtube.com/watch?v=P11y8N22Rq0
Pretty cool.

Update 1 : parachute deployed
Update 2 :

Touchdown confirmed !!

I guess that Marslander went to the moon.. and beyond  

Edit : thought that this was a livestream feed from NASA but looking back at Toxic2040 post that does not seem the case.
(unless Toxic2040 is from the future .. he is not, right ?  ).  

[bitserve]

£1 is 1/163lb silver
1 bitcoin cash is 2 bitcoin cashes
1 bitcoin is 1 bitcoin

Almost.

I think I still have some Bitcoin that are 1 Bitcoin and 2 Bcashes and a bunch of other shit. I have some sort of digital diogenes sindrome. I know that.

[yefi]

I saw some guys here talking earlier about gene editing and the like, I am also in favour of all of the technology and next waves of medical technology that are coming, dammit keep me alive, replace my body, load me into the cloud I am ready and willing  

The problem with self-preservation is that we may end up losing the self in the process. It may be an obvious decision we must make or it may be insidious.

[d_eddie]

It looks like the low is in or it's pretty close.

Anyway, I was sifting through my old bookmarks and found this interesting article about bitcoin from December 2016.

https://medium.com/@mcasey0827/speculative-bitcoin-adoption-price-theory-2eed48ecf7da

I wouldn't say we in the "Boring low" yet. Maybe a depressing or devastating low... but the price still has some life.

And I still don't see enough people selling for good. The price might be low, but there is still too much confidence in a future bull run that will made us all rich.

@Bitcoinaire - Interesting paper. Old, but well researched and still valid. Merited.

@bitserve - You're right the despair is still insufficient, but let's consider the sample: a small community of hardcore hodlers and very early adopters. Very skewed, I'd say.

[Last of the V8s]

Bit rude

but maybe she's a right slapper

[El duderino_]

https://twitter.com/cnbcfastmoney/status/1067187987740528640?s=21

=short for = bear market over ?

[El duderino_]

Going into the deep pits of Mount hodling
Good night WO’s
And let us see Some higher prices

[Last of the V8s]

^sweet dreamz, mic, of rockets and trains and er dildos

https://twitter.com/stefanwouldgo/status/1066990730240040960
Now that we've had some years to see the impact, it's time for me as a former maximalist to come clean: the critics have been right all the way: 1/
It uses a ton of energy that would certainly be better used by something else. 2/
It's used by terrorists every day! /3
The advanced projects that made something like it, only better, have won. /4
Its price has gone down and will probably never recover. /5
The technology behind it was the real breakthrough. Spoke has changed the world forever. /6
#Wheel is dead. #postmaximalism
So is the #Internet. #Intranet has been the real revolution.
Shocking, too, that neither the wheel nor the internet has solved inequality. I really can't understand why we even bothered with these useless things!
Luckily, Internet 4.0 is shaping up to solve all problems, just like wheel 2.0 did.

[bitserve]

^sweet dreamz, mic, of rockets and trains and er dildos

https://twitter.com/stefanwouldgo/status/1066990730240040960
Now that we've had some years to see the impact, it's time for me as a former maximalist to come clean: the critics have been right all the way: 1/
It uses a ton of energy that would certainly be better used by something else. 2/
It's used by terrorists every day! /3
The advanced projects that made something like it, only better, have won. /4
Its price has gone down and will probably never recover. /5
The technology behind it was the real breakthrough. Spoke has changed the world forever. /6
#Wheel is dead. #postmaximalism
So is the #Internet. #Intranet has been the real revolution.
Shocking, too, that neither the wheel nor the internet has solved inequality. I really can't understand why we even bothered with these useless things!
Luckily, Internet 4.0 is shaping up to solve all problems, just like wheel 2.0 did.

^ WTF with the formatting of your text, bro? Did you let a retarded monkey type it for you?

P.S.: Oh, I see, it's a twitter thread

[jbreher]

So I need to ask, how many of you have basically hodl from the ATH till now.

Mostly codl hodl since years. As in, several boom/bust cycles.

I have a minor percentage as 'trading stock'. I've described my laddered standing orders strategy several times in this thread. I make BTC when price is going down, and I make $ when price is going up.

I took some out at the turn of the year in order to buy a lambo.