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

[bitserve]

I know we're supposed to be capitulating. True story bro! Caught a glimpse of the future.
 I met a mid 20's Bitcoiner/robotics engineer out in the wild today. Very interesting chat and I felt the bull stirring again. He believes machines will use a digital currency (likely bitcoin) in the not so distant future once they start to move among us.  
About a 5-10 year horizon.  

I am fully capitulated. Good thing I still have patience.

[StartupAnalyst]

  Just saw on the Internet. The guy bought a ledger. He is now sure that his coins are completely safe!

[BitcoinGirl.Club]

Just saw on the Internet. The guy bought a ledger. He is now sure that his coins are completely safe!

100% sure and image free nevermind, I just made it up LOL

[Last of the V8s]

fluffypony is now officially wasting away
https://youtu.be/1senB4AhDYo
The Magical Crypto Friends Show Episode 16: Putting the Fun in Fungibility

[Paashaas]

First U.S. Pension Funds Take the Plunge on Crypto Investing.

https://www.bloomberg.com/news/articles/2019-02-12/first-u-s-pension-funds-take-the-plunge-on-crypto-investing

[VB1001]

It does not matter much, but:

13 Feb — Cboe XBT Bitcoin Futures Expiration Date

http://cfe.cboe.com/cfe-products/xbt-cboe-bitcoin-futures

What is this all about? An exchange? Excuse my ignorance by the way.

CME Group, launch Bitcoin futures on Sunday, December 17, 2017.

Globally, CME Group Averaged 17.8 Million Contracts Per Day in January 2019.
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.

They say that its volume does not affect the price of Bitcoin, but there is usually volatility before closing.

[Paashaas]

[sirazimuth]

Just saw on the Internet. The guy bought a ledger. He is now sure that his coins are completely safe!
[/url]

I think that guy was only trolling; why would he keep the camera focus on the words instead of the Ledger device?

Probably wanted to see how long it would take for the all of 10 satoshis in the ledger to get drained.....

[LFC_Bitcoin]

oh just all of you fuck off

[wachtwoord]

First U.S. Pension Funds Take the Plunge on Crypto Investing.

https://www.bloomberg.com/news/articles/2019-02-12/first-u-s-pension-funds-take-the-plunge-on-crypto-investing

Mostly speculative equity investing.

"The fund will also hold a small percentage of its value in liquid cryptocurrencies, such as Bitcoin"

A small percentage of $40M is nothing.

[VB1001]

Craig Wright Gets Caught Lying About Being Satoshi Nakamoto (Not The First Time)

Fortunately, most people within the crypto space are familiar enough with the major players to know about who really is Craig Wright.

https://cryptopotato.com/craig-wright-gets-caught-lying-about-being-satoshi-nakamoto-not-the-first-time/

[Bitcoinaire]

This is interesting. Real estate, commodities, etc, markets cycles don't lengthen as they grow in market size.

Additional logic for Bitcoin's predictable cyclic behavior: as real estate evolved to be a SoV, its cadence continued to be a solid 18.3 years ever since the late 1700s. RE speculators know this. All trad. assets have a average time cadence regardless of its life cycle.


https://twitter.com/aarontaycc/status/1095245426368770049

[goldkingcoiner]

Just saw on the Internet. The guy bought a ledger. He is now sure that his coins are completely safe!

[BTCMILLIONAIRE]

Is this a joke? You need to pay taxes when it rains in New Jersey?

Is it even allowed to catch rainwater for your own use?  

https://newyork.cbslocal.com/2019/02/04/rain-tax-likely-to-become-reality-in-new-jersey/#.XGHnBuf1tMg.twitter

overly shrill headlines

Stormwater management is, in fact, a thing.  It does cost actual money, here in the real world.

Insurances and more than 60% of income taxed aren't enough yet? Why?

[JayJuanGee]

He is right. We've Lightning now and 300kb blocks is something more than logical!

Please tell me you are joking; it's so hard to detect sarcasm

In the interest of maintaining civility, and playing your scenario out, do you foresee 150kb/150kb == 300kb or 300kb/300kb == 600kb Blocks, accounting for SegWit data ?

No, I'm not joking! Chinese mining cartel is selling every bitcoin they mine to defend bcash price. Lowering blocksize is the ultimate argument of showing them what they do is futile. Plus, it will be a big incentive for Lightning adoption!

I support 300kb blocksize too. Segwit increased the effective blocksize and it's best if that is undone. It won't happen though, and in a way I'm happy that it's so hard to make large changes (even though this one would be positive).

Never sacrifice security for something pitiful like "low fees".

Huh? Segwit is not going to be undone.

You have to get consensus to undo segwit, and recall segwit passed by nearly unanimous consent. 

I doubt that sentiment has changed very much, in terms of undoing segwit. 

It seems that there remains a vast majority of support for segwit that you would have to overcome if you want to undo it... a simple majority would be inadequate.. bitcoin no work like dat...

Lol not undo segwit. But with segwit came an implicit blocksize increase as segwit transactions are discounted. By reducing thel blocksize to 300 kb that effective increase is undone and the previous situation restored.

Fair enough... but segwit is not only about scaling (even though segwit contributes to scaling, like you said).

[VB1001]

I know we're supposed to be capitulating. True story bro! Caught a glimpse of the future.
 I met a mid 20's Bitcoiner/robotics engineer out in the wild today. Very interesting chat and I felt the bull stirring again. He believes machines will use a digital currency (likely bitcoin) in the not so distant future once they start to move among us.  
About a 5-10 year horizon.  

I am fully capitulated. Good thing I still have patience.

Bitcoin self-selects for people with:

* Low time preference
* Long attention span
* Commitment
* Authenticity
* Patience
* Persistence
* Ability to focus
* Ability to go against the mainstream

Bitcoin is a marathon, not a sprint.

https://twitter.com/misir_mahmudov/status/1093613352868343809

(I have it saved and I read it when I'm capitulated like you. )

[BTCMILLIONAIRE]

https://twitter.com/MADinMelbourne/status/1095292274211139587/photo/1

Also Craig: Let's get into bed with regulators and legacy finance. (At Coingeek 2018)

[kenzawak]

CZ and Justin Sun on their way to pump their own coins



https://twitter.com/Bitccolo/status/1095081037149949952

Buttman & Rubbin'

[BTCMILLIONAIRE]

First U.S. Pension Funds Take the Plunge on Crypto Investing.

https://www.bloomberg.com/news/articles/2019-02-12/first-u-s-pension-funds-take-the-plunge-on-crypto-investing

Mostly speculative equity investing.

"The fund will also hold a small percentage of its value in liquid cryptocurrencies, such as Bitcoin"

A small percentage of $40M is nothing.

Some powder on the tiny bit of snow dust that'll eventually turn into a tiny marble, etc.

[gembitz]

fluffypony is now officially wasting away
https://youtu.be/1senB4AhDYo
The Magical Crypto Friends Show Episode 16: Putting the Fun in Fungibility

~apartheid darkweb mind fuckerzzz lol