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

[gembitz]

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

no morals 

[alevlaslo]

support 3000 is not will break, and if we break the resistance 5500, then only growth next

[Hueristic]

Fuck I need to stop checking prices when i'm away.
Off to the tables to try to break even from the market.

[mOgliE]

Any chance of a double bottom? No?

Forget the double bottom, check out bitcoin shorts:



We should be able to get a good bounce... soon.

Wahou!

That's an incredible graph! Where did you get that from? Oo

If that's true that means should open a long right now...

[cAPSLOCK]

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

*sigh* Layer 2 is really not optional.  It's going to be where all the whizbang functionality lives.  BCH SV will suffer from the same fate Ethereum is currently... that is if it even gets off the ground after the artificial support ends.

[hv_]

Is that you rOach?

Since most of you don't have sufficient intelligence to branch predict the only possible way certain crypto systems can evolve, here is your trojan horse, permissioned ledger Lightning Network:

Hm - u are correct this time. 

LN is nothing new. We know it from old banking / settlement / clearing / netting process.

the only new and proven thing is pure on chain.

Why kicking that ?

-> Some devs want to be better than Satoshi and some miners / exchanges want a lot of different coins.

[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

*sigh* Layer 2 is really not optional.  It's going to be where all the whizbang functionality lives.  BCH SV will suffer from the same fate Ethereum is currently... that is if it even gets off the ground after the artificial support ends.

Nope

Eth issues are turing complete.

[El duderino_]

https://twitter.com/crypto_blkbeard/status/1070254403976921088?s=21

Haha Nice

[Lambie Slayer]

https://www.mirror.co.uk/news/world-news/picture-mutant-belgian-blue-bull-13673907

Mutated genetic freak "double muscle" bulls are coming for you shorters. Be afraid.

[yefi]

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 just print the QR codes and put them in cold storage. Easy to reseed a phone that way.

this is bad

really, really bad

It's bad, but not yet really, really bad.

[Searing]

Fuck I need to stop checking prices when i'm away.
Off to the tables to try to break even from the market.

folk probably know this anyway...but my 'floor' is what I mined on my original KNC Jupiter BTC miner from back in the day that cost me $5,131.80 with shipping.

ALL my HODL and whatever for the last 5 years came from that initial investment. (Sure did not make it from my job with a group home for dev blind developmentally disabled).

Thus (should probably NOT say the amount..people get miffed).....that is my FLOOR.

the HEAT DEATH of the UNIVERSE will happen 1st before I sell those coin. (Ya got to draw the line someplace)

and I have gotten enough out of this to retire 3 years early with cash set aside etc till the middle of 2019 when I can take retirement traditional $$$ if nothing else.

and of course the last 5 years have been more fun since I was in college helps, that helps quite a bit

But, chump or champ. Make some 'borders' on how you are gonna face this ..if it all goes to sh*t for a few... years...

(talking to my CPA today, I did set enough aside for sales and mining but gonna get my ass chewed anyway)

1) ass-covering, check.

2) set amount of crypto they will have to pry from my cold dead hands, check.

3) still can stay retired 2-3 years early. check

4) preparing for a coming recession. in progress.

[goldkingcoiner]

y bitcoin no up?

[Raja_MBZ]

Any chance of a double bottom? No?

Forget the double bottom, check out bitcoin shorts:



We should be able to get a good bounce... soon.

Wahou!

That's an incredible graph! Where did you get that from? Oo

If that's true that means should open a long right now...

Track it in real-time here:

https://www.tradingview.com/symbols/BTCUSDSHORTS/

 

[criptix]

Wow $3700 what is this bullshit.

That already broke, we gonna retest 3400 and then test 3k soon.

Looks pretty likely now.

[exstasie]

As usual, the buy support on drops mostly exists ONLY on the fraudulent exchange Bitfinex.  Nothing fishy to see here!

Bitfinex is certainly dodgy. They've admitted as much with their talk about needing to bank like criminals. What have they really done that's fraudulent though?

LN is nothing new. We know it from old banking / settlement / clearing / netting process.

the only new and proven thing is pure on chain.

Why kicking that ?

-> Some devs want to be better than Satoshi and some miners / exchanges want a lot of different coins.

There is incentive to operate LN nodes though, so it's not just permissioned by banks. Does it look like hub and spoke now? What's wrong with settlement to the blockchain if/when you need?

[El duderino_]

y bitcoin no up?

come on F*** goldkingcoiner why did you post that depressing pepe.... it made me to lie right before i go to the movies for mortal engines
"normal no wine etc @week times"
but F*** that pepe made me break a rule again pffffff

[jojo69]

bitcoin was such an amazing idea, so much potential...


it's failure is seriously bumming me out

[g-uid]

Pump up the sound on this one boys:

https://www.youtube.com/watch?v=A7TuFy0fcuw

(p.s. it's a parody!)

[El duderino_]

bitcoin was such an amazing idea, so much potential...


it's failure is seriously bumming me out

[Searing]

bitcoin was such an amazing idea, so much potential...


it's failure is seriously bumming me out

the idea won't die. the OPEN SOURCE version, however, may..if BTC chokes..when banks co-opt blockchain with no other option..they will likely save 75% to 90% in costs for

moving $$$ about. In that they get 2% here there or whatever when anything is moved...and it would be automatic with the bank and big money control of their

centralized ..probably patented blockchain equivalent token....well...can you say MULTI Trillionaires ..if say in 10 years they can get rid of 50% of the costs of running

a bank and charge 2% a transaction for essentially automatic and free movement around the world?

sh*t...I would expect the 'dark ages' to start soon thereafter with that much power in the top 1%.

but yeah, if there is no open source alternative to a centralized bank controlled blockchain ...we are pretty much f*cked

(looking like the backup retirement plan of being a 'minimalist' is in play now..if BTC tanks to 1k or some such..alas...one extreme or the other..it is how I roll)