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

[empowering]

Guys, guys... What are you talking about no backup for GA 2FA?

You can fucking write down the "seed", store it in a safe place, and recover from it if needed..

Also, another option is using FIDO 2FA which everyone with a hardware wallet could use. It would be really easy to implement too. And it makes sense, because... crypto, you know.

Another option is simply snapshotting the initial 2fa code and installing it on multiple devices, and having one (or three)  tucked away somewhere..... safe...

[bitserve]

Guys, guys... What are you talking about no backup for GA 2FA?

You can fucking write down the "seed", store it in a safe place, and recover from it if needed..

Also, another option is using FIDO 2FA which everyone with a hardware wallet could use. It would be really easy to implement too. And it makes sense, because... crypto, you know.

Have you ever tried to fuking writing down this crazy GA seed ? It's not like a recovery phrase with 12 words... Looks much more like an address.

I have dozens of 2fa seeds, if I had to write all of them I would be fuked up.

Yes, I have. At least for the important stuff, like exchanges and the like. Writing down a 12 words recovery phrase takes much longer btw.

I would feel fucked up if I didn't have a backup. #DYOR

[VB1001]

OMG what a dumpster fire shit show. Everyone involved should be ashamed. This is NOT how Bitcoin wins hearts and minds of the public, quite the opposite. These fkn idiots need to grow up.

https://breakermag.com/trapped-at-sea-with-cryptos-nouveau-riche/

We will not go far with people like these, it hurts the bad image they give to the world of cryptography, mainly to bitcoin 

[bitmover]

I would feel fucked up if I didn't have a backup. #DYOR

Well, that's right. I just use a different back up method. Authy.

Your method works well too.

[Mpamaegbu]

The next few hours will be crucial.^tm

Given the weakness in equities, I'm a bit disappointed that there doesn't appear to be any "safe haven" hedging role for Bitcoin.

What about tethering it? I would rely on USDT if I felt btc would dip. That's my strategy and I think it's a safe Haven.

Yes, I have. At least for the important stuff, like exchanges and the like. Writing down a 12 words recovery phrase takes much longer btw.

I would feel fucked up if I didn't have a backup. #DYOR

I solidly prefer the 12 seed phrase words to the GA. It keeps my kind at rest against any malfunctioning app or lost by.

[pönde]

How much the BTC futures have to do with this decline from ATH to this level?

[realr0ach]

The decision stated that the assets being traded by Orionx, including ETH, XRP, LTC, and BTC, lacked physical manifestation and had “no intrinsic value,”

These guys are rocket scientists.  Who could have possibly guessed shitcoins are imaginary, valueless tokens pumped to the stratosphere through manipulation, miles above their actual value of zero.  Have fun with that 100% seigniorage fee since the bottom can drop out of cost of production at any second unlike real, physical assets like metals:

https://steemit.com/money/@r0achtheunsavory/the-r0ach-report-23-the-achilles-heel-of-cryptocurrency-economic-fundamentals-seigniorage-fee

[hv_]

The walls to be observed

https://www.nasdaq.com/press-release/unitedcorp-launches-suit-against-bitmain-bitcoincom-roger-ver-kraken-bitcoin-exchange-and-others-20181206-00743

[El duderino_]

and who doesn't know this story

That's really stupid sheep mentallity Oo

Why wanting to buy at 20k and not at 3k7? oO

They have seen already on what happened on the price and for those people who dont know on how crypto
moves would definitely have the same impressions.

They would start to buy in when they do already saw bitcoins price tends to rise up again.This is what most
people do really likes to do.

It's because they now have fear that they don't know where the bull run really started... and they fear it could be walked all the way back to ~$400, lol.

yeah one friend of me said TODAY.... that he will buy BTC but gonna wait for the BULLrun, i asked and when or how do you gonna see that
he said i think the price can drop like 1k maybe more but when it shoots UP with minimum 1k then i'm a buyer
and i was like so first there must be a 1K minimum pump then buying ?? (he says to be a long term believer)
don't understand this kind of peoples .... why not buy and keep buying low for avg lower price
as easy as that

[Toxic2040]

Good morning.

There appears to be a fire sale in legacy markets this morning. This is fine...


Bitcoin however resilient seems headed for new yearly lows. Testing support in the $3.6k range, we have already pierced that milestone..at least on some exchanges. Indicating further declines are in store.  
30m


Whups..   Yup..thats a new yearly low.
1h



4h



D

[hv_]

BOOM!

Is the December figure an estimate or only for the first five days?

What a poor scam.  No onchain safety - sold with a nice Bitcoin label....

[bitcoinPsycho]

BOOM!

Is the December figure an estimate or only for the first five days?

What a poor scam.  No onchain safety - sold with a nice Bitcoin label....

Hows your Bcash doing?

[hv_]

BOOM!

Is the December figure an estimate or only for the first five days?

What a poor scam.  No onchain safety - sold with a nice Bitcoin label....

Hows your Bcash doing?

Going the real Satoshi Vision - no max block size - no segshit , no LN, no ABC crap ...  just sports

[hv_]

BOOM!

Is the December figure an estimate or only for the first five days?

What a poor scam.  No onchain safety - sold with a nice Bitcoin label....

Hows your Bcash doing?

His tears are recorded on the blockchain with Everytime he wipes his ass as well.

EVERYTHING MUST BE ONCHAIN!

Everything that deserves proper time stamping - yes-  we can  - afford.

[Rsiyz]

+6,404.60883092 BTC    2018-12-06 07:40:55

[mindrust]

filbfilb has spoken


https://www.tradingview.com/chart/BTCUSD/Zldy4t3H-BTC-The-real-flippening/

Will either jump from 3k, or we'll try $2k.

[bitserve]

Any chance of a double bottom? No?

[VB1001]

How much the BTC futures have to do with this decline from ATH to this level?

In all the conversations I have read on this subject, most agree that the volume moved by futures contracts does not affect the decline from the ATH

Example of CME Group:

When compared to the rest of the contracts traded on the exchange operator worldwide, Bitcoin futures are insignificant, weighing only 0.03% of all trading at CME Group.

https://www.newsbtc.com/2018/10/18/cme-bitcoin-futures-contract-hits-volume-high-of-5053-contracts-in-q3-up-by-41/

(If it is true that coincidentally, the days of descent coincide with the closing of futures. )

[hv_]

BOOM!

Is the December figure an estimate or only for the first five days?

What a poor scam.  No onchain safety - sold with a nice Bitcoin label....

Hows your Bcash doing?

His tears are recorded on the blockchain with Everytime he wipes his ass as well.

EVERYTHING MUST BE ONCHAIN!

Everything that deserves proper time stamping - yes-  we can  - afford.

And why would micro transactions or small transactions deserve a permanent record on nodes across the world?

cause it is cheap - and getting cheaper every day

[doc12]

BOOM!

Is the December figure an estimate or only for the first five days?

What a poor scam.  No onchain safety - sold with a nice Bitcoin label....

Hows your Bcash doing?

His tears are recorded on the blockchain with Everytime he wipes his ass as well.

EVERYTHING MUST BE ONCHAIN!

Everything that deserves proper time stamping - yes-  we can  - afford.

And why would micro transactions or small transactions deserve a permanent record on nodes across the world?

cause it is cheap - and getting cheaper every day

Please leave and don't annoy everybody with your stupidity. Thx.

Recording every penny transaction forever with millions or even billions of users is not sustainable and will not work (in a decentralised way). Period.