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

[goldkingcoiner]

What do you guys think of the avatar I made for my ICO?

the pen should move faster otherwise people to easily will find out the whole thing won't work.

Slower? I made it slower.

Also not a pen but a 3-D printer.... Give me some slack, yesterday I did not know how to summon dark magic moving pngs...

[JayJuanGee]

I am a little bothered by the way some bitcoin folks have perverted the original statement that really came from Ronald Reagan, which was "trust but verify."  The current bitcoin maximalist statement that is circulating around, including coming frequently out of the mouth of Max Hillerand is "don't trust verify," which to me says something quite different from the "original": "trust but verify."

Either of them work, essentially you can trust that the transaction has been sent but verify it for proof.

Yes.  Agreed.  If any BTC transaction is relatively small, such as a coffee, and even perhaps decently small retail transactions of less than $50, there might be some confidence to NOT rely upon any confirmation before allowing the transaction to take place without necessarily knowing the BTC sender.  On the other hand, a lot of merchants, and I changed my practice in this regard too, wait for at least 1 confirmation if the transaction is hundreds of dollars or more. Of course, if you are transacting with several thousand dollars (maybe $10k or more, depending on risk tolerance), and an unknown person, then waiting for 3 to 6 confirmations would give the greatest assurance before releasing the non-BTC end of the transaction.

In other words, when dealing with strangers, the higher the stake the more incentive for the other person to cheat, but most regular people do not cheat on a regular basis, but some regular people still might end up cheating (and not do the right thing) if they were accidentally left with a windfall situation that causes them to receive a decent amount of possibly untraceable and irreversible value.  Some people will not do the right thing, even though they may have never been left in such a power position to test how they would react.

I have one personal Localbitcoins story, in this regard.  About a year ago, maybe a little less than a year ago, I had conducted a cash transaction for about half of a bitcoin around $7k.  For some reason, I had miscalculated and gave the person $600 more than what was the current price (So in that situation I gave the person $3,800 rather than $3,200 - something like that). 

I caught the mistake about 10 minutes after the transaction, and after the person already had left the transaction location with the extra $600 that I had given to him.  Neither of us had intended such a situation, he acknowledged the mistake, and after I repeatedly texted him, and even offered to go to his location to retrieve the $600, he did not do the right thing of returning the $600 to me. 

He also began to call me names in what seemed to be a kind of rationalization for him to keep the $600.  Anyhow, I consider that person to have been a regular person, and even that he had rationalized in his own head that he was correct to keep the extra $600 that I had given to him (windfall), but I still believe (my assumption that people who you meet in person are usually honest) only a minority of people would have kept the $600 in that particular situation... but the real test remains getting into the situation, and test of character about whether you personally do the right thing when given an opportunity to nearly anonymously profit.

[Gyrsur]

What do you guys think of the avatar I made for my ICO?

the pen should move faster otherwise people to easily will find out the whole thing won't work.

Slower? I made it slower.

Also not a pen but a 3-D printer.... Give me some slack, yesterday I did not know how to summon dark magic moving pngs...

bro, faster! I told you so.

[sirazimuth]

... You know... I'm near certain I have rationalized - in my strangely-warped mind - that I'm OK with wiping Satoshi's Place with some friendly WO Thread-related messaging, just entirely for the lulz, on the first day of a new month ...

Kinda fun. Never wiped the board before.

I'm waiting for Banksy to show up there...
then copy pasta before its erased.
I'll make a $million....

[Bitcoinaire]

Transactions per day back to November 2017 levels.

https://bitcoinvisuals.com/chain-tx-day

[Gyrsur]

Transactions per day back to November 2017 levels.

https://bitcoinvisuals.com/chain-tx-day

[JayJuanGee]

Yay After well over a year and a half I have finally got my original account back after it was hacked.
Thanks to Last of the V8s for the reminder that accounts were being restored.
Any chance of a hat xhomer?
I don’t have an avatar and trust to your creative skills.
I also now have some merits I can start sending.
Hooray.

Ahah welcome back then.

Was it difficult now that there is a new process out?

Anyway send him a pm with a pic and he'll work wonders I'm sure

Well I had originally staked my account using a BTC signature and provided that as proof of ownership. I received an email after a couple of days explaining that I would have to wait another week before I received an email to reset my password.
A week later and here I am.

Great!!!!  Welcome back, machasm.    I had lost my account twice in late 2016, and each time, I had realized the value of my original account, even though I had not really appreciated such value and such possible loss of value before I lost access to it. 

The first time was resolved in about a week with the help of Cyrus and Lauda, and due to a hack, and the second time was due to my own logging-in mistake, but took about a month to resolve directly through theymos (likely Lauda assisted with that one too, though she claims to have had no influence at that time.. hahahahaha).  Go figure regarding the quicker resolution process when a hack versus my own logging in mistake.  By the way, my logging in mistake was to attempt to use the auto password recovery feature, and theymos later told me (through text I believe) that all account get banned when they use that auto password recovery feature.  Go figure, again.   

[StartupAnalyst]

I would choose #7 and #9 pills, because using Satoshi's intellect i could earn much more than just reversing to the past and selling my Coin or creating HardFork every Nov 15. And I choose Blockchain Bitcoin because I believe it will work the longest between all Blockchains that exist now because it is supported even in the space by Blockstream Satellite service. I would upgrade Blockchain Bitcoin, make the world around me better and use my intellect to improve my financial situation and people's life in general

[JayJuanGee]

Forgive me if this has been posted already but I thought it was pretty heckin' cool.

it is not a fair comparison to compare a brand new asset to relatively mature assets...

In terms of bitcoin, probably starting in 2013 or thereafter would be more fair, although I expect that bitcoin is going to continue to experience an outrageous exponential s-curve adoption in the coming years.

[yefi]

9 and 7. Intellect means a lot more to me than physique.

What would I do? I'd solo mine my own blockchain to ensure my immortality.

[JayJuanGee]

https://twitter.com/AlecZiupsnys/status/1092422690747662336

Bitcoin has never been difficult to use, scan QR code to send, show qr to receive.

Even though we might not need to know all of the Bitcoin underpinnings, there are a lot of possible levels of complication in bitcoin, including a variety of interfaces that vary in degree of complication - and even questionable security that involves more value at risk to screw up a bitcoin transaction as compared with e-mail.

[BitcoinGirl.Club]

Someone was posting a picture with lots of shits and a man standing next to it. I am looking for that picture 😀

Edit:

Yes got it. It was BobLawblaw

[JayJuanGee]

Just created myself a $100 shitcoin fund on binance.

I chose the most shittiest of shitcoins which are down %95+ from their ATH price and some arguably good ones. Let's see how much I am able to rip others off. Unless I see a parabolic rise I won't sell any of these. And If I see all going ballistic, that means the bull has come.


https://www.cryptocompare.com/portfolio-public/?id=432797

Chose 8 coins and put $10 on each. Actually put $10 on 7 of them but then I couldn't find a shittycoin with an incredibly high supply so I put the rest on BTT. Justin Sun's newest scam.

FAQ,

Q: Why haven't I bought shits like ETH, BSV, BCASH, IOTA?
A: Even when I am shopping for shit, I try to buy them cheap. Those shits are still overpriced so I ignored them.

**Maybe its better to create a thread for this. Don't wanna disrespect this thread with these shitcoins.  
https://bitcointalk.org/index.php?topic=5106066.new#new

Yep.  Shilling other coins in this thread is off topic, and generally offensive, even if guys (or a gal) is engaged in such behavior in order to acquire more bitcoin.  The mere fact that a person is trying to acquire more BTC does not make such shilling/pumping discussions to be relevant to this thread.

[Toxic2040]

                 过年好

Good morning all and a Happy Chinese New Year.



------
Bitcoin continues to hover and trade in a narrow channel at support levels on falling volume. Key resistance at $3.45k is going to have to be defended or further downward trending could happen. That being said I think we will see increasing volume over the next week or so as the thought of getting out of the bear market and into sideways mode finally starts to sink in. So in a nut shell..the next 24 hours are critical gentlemen. #dyor
3h


D

#stronghands

[JayJuanGee]

Bitcoin never die

More Bitcoiners.

https://twitter.com/smohan261/status/1092462142282821632

We could probably add to such list.  For example, just off the top of my head, I would add, instead of saying "bitcoin is money," I would say "bitcoin is sound money"  Furthermore, I would also say "bitcoin is self-sovereignty control over your own value" and "bitcoin is uncensorable, secure, unconfiscatable and immutable".   I am sure that folks here can come up with other concepts, too, that do not seem to be captured on such an already long list.

[byebyehi]

Most people are only here for the gainz, they don't care about government control or breaking away from the central banking system.

[El duderino_]

for me its happy Chinese new-year, if some Chinese billionaire's would start pumping BTC today

common you small c*cked guy's PUMP THAT SH*T UP

[El duderino_]

Most people are only here for the gainz, they don't care about government control or breaking away from the central banking system.

you got it, point taken bye bye see you next time

[goldkingcoiner]

What do you guys think of the avatar I made for my ICO?

ICO's are gayer than Rick and Myself, and more lame than Stephen Hawking without his wheel-chair.

I will slap the gay out of both of you and Hawking back to life.

[El duderino_]

There are plenty of reasons to be optimistic.

World population is leveling off at 8.7 billion.   Education helps, a lot.  Especially educating and empowering women.  

Tech is moving incredibly fast.  Our information management skills are currently growing exponentially.

Environmental values are being heard by politicians including in repressive states like China. 

If you want wide open spaces try Siberia, Northern Canada, interior of Australia, North Dakota, Pacific Ocean etc.

No crowds there.  

what will r0ach have to say on that...... probably some baby making nonsense.