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

[Findingnemo]

Want to share my today's experience with WO guys,if you are free please answer this pool as well. https://bitcointalk.org/index.php?topic=5127357.0

I am doing day trades on LBC for more than a week now,today one of my buyer paid twice the amount of he need to pay that is he paid me two times of $250 dollar for a $250 amount of bitcoin,he immediately called me and ask me to please return it back,I said him no need to panic if it got credited two times I will pay the amout back so when I watch my bank's statement yes he paid twice so I gave the money to him back.I know most of them will say why you give it back it is his mistake but I got some good feeling when he said thank you lot for being too generous which may not get from those $250.

[El duderino_]

When page parity?

Dunno.

I'm shooting for post count parity some time in 2024.

Mmmm you have opened a Bcash thread somewhere on the forum, try catching 227$ somewhere 2024??

I'm calling Bitcoin post count parity some time in 2024. Whether that Bitcoin be BTC, BCH, or SV is an open question.

I think the next FOMO pile-in is going to make evident to the world the weaknesses of the Core-ian approach to scaling. The other forks (hewing more closely to Satoshi's inspired design) will be there to pick up the slack.

Incidentally, while BTC is up 14+% in the last 24 hours, BCH is up over 27% in the same time frame.

Yes, SV is lagging at 11+%. ::sigh::

it has much more to recover for starters as well.....

still you got both so your save anyway

[ThrobbingSausage]

I think the next FOMO pile-in is going to make evident to the world the weaknesses of the Core-ian approach to scaling. The other forks (hewing more closely to Satoshi's inspired design) will be there to pick up the slack.

What is the non Core-ian state of Layer 2 and instant payments ?

[Ibian]

Want to share my today's experience with WO guys,if you are free please answer this pool as well. https://bitcointalk.org/index.php?topic=5127357.0

I am doing day trades on LBC for more than a week now,today one of my buyer paid twice the amount of he need to pay that is he paid me two times of $250 dollar for a $250 amount of bitcoin,he immediately called me and ask me to please return it back,I said him no need to panic if it got credited two times I will pay the amout back so when I watch my bank's statement yes he paid twice so I gave the money to him back.I know most of them will say why you give it back it is his mistake but I got some good feeling when he said thank you lot for being too generous which may not get from those $250.

My experience is that rl bitcoiners are generally worthwhile people. I have given money back when someone acidentally gave me too much, recently someone did the same for me. Honesty is the only way a free market can work, which is of course why the state doesn't like it.

[DeathAngel]

Shitttttt!

First time I checked the price in over 24 hours. DA FUCK happened WO Bros (in a good way).
I’m not done accumulating though man, I don’t want to go over 10k in the next few months

Wait for the poor people bitcoin

[HairyMaclairy]

Massive Bitcoin Whale Triggered BTC Surge With $100 Million Order, Says Crypto Investment Firm CEO

The CEO of cryptocurrency firm BCB Group says Bitcoin’s massive pump was triggered by a single Bitcoin whale, in a coordinated effort to buy nearly $100 million worth of BTC across three crypto exchanges.

Oliver von Landsberg-Sadie told Reuters a 20,000 BTC buying spree executed simultaneously on Coinbase, Kraken and Bitstamp is largely responsible for the surge, which briefly boosted the price of BTC above $5,000.

https://dailyhodl.com/2019/04/02/massive-bitcoin-whale-triggered-btc-surge-with-100-million-order-says-crypto-investment-firm-ceo/

Breaking news: crypto firm BCB doesn’t understand arbitrage bots.

And that’s a good thing.  This rally was not the result of a single actor, it was organic. Tens of thousands of traders, mixed in with arbitrage and momentum bots and mechanical buying from liquidated shorts. 

It certainly wasn’t the action of a single individual, which would be a very bad thing for Bitcoin. 

[bitserve]

FRESH FROM WANGA/MASTERLUC TELEGRAM:

Original Russian:

Зaкpoeтcя нeдeльнaя cвeчa вышe бб - бyдeт вceм cкopoe cчacтьe.

Google Translate:

The weekly candle above the BB will close - there will be a quick happiness for everyone.

[JayJuanGee]

This is the movement I expected in December, 5200 go down 3700 and take off to the moon, we will see if it is fulfilled or we go straight to the moon.

Pfffff partypooper just let it go straight already been delayed by the bear *pukepuke

We know that bitcoin don't move straight, but last night I was considering making a joke post that we are going straight to $19k from here...  because if you noticed, I had attempted to make several whoaza posts at $4,200, $4,300, $4,700.. and I just became kind of dumbfound for a while, probably similar to other folks trying to figure out what was happening and if there was some extra information that was missing.   

For some reason I got distracted and lulled into the moment, and by the time I was considering posting something like:  "we are going straight to $19k from here," the moment had kind of passed.

[Olegya199]

Another new T-shirt in my collection

[LFC_Bitcoin]

Is this the calm after the storm now? I wouldn’t mind a period of 3-4 months in this range. Low volatility is good for bitcoin. Average Joe doesn’t want to buy when the price is up & down like a yoyo.

I’d be cool with low volatility until June/July or something before the next leg up to $ 6,000 or something.

Anybody agree?

[jbreher]

I think the next FOMO pile-in is going to make evident to the world the weaknesses of the Core-ian approach to scaling. The other forks (hewing more closely to Satoshi's inspired design) will be there to pick up the slack.

What is the non Core-ian state of Layer 2 and instant payments ?

In the non-Core-ian Bitcoin space? Lots of discussions held since like two to three years ago. Several viable directions available for implementation. No current need, as the base layer is having no issues handling 100+ MB blocks (SV). We'll get to it when (if) it makes sense.

Though if you really want to take the security and usability hit of using Layer 2, there is always the option of using an exchange.

[JayJuanGee]

It is slightly upsetting that I sold a coin and a half yesterday. Still, could as easily have been a loss.

I sold around .4BTC before the price run-up, too...  the price that I got was, decent, like in the $4,300 arena, and I was not able to buy them back at a lower price before the price went shooting up... so even though there can be a bit of a regret, the price surge certainly made up for any incidental downward leveraging that I was engaged in....

Perhaps I will get a chance to buy those coins back at a lower price (which would be lower than $4,300.. though I probably would not be inclined to buy them back until getting close to $4k.. at least sub $4,100.. that is my current thinking about those .4BTC), but largely, it doesn't really matter too much to me, too much if I do or not... because if we were to get into the $5k arena, and never see $4ks again, I have no problem writing off that .4BTC and just spending the cash (or just keeping it in reserve.. whatever).  

Personally, as I posted yesterday, right before the $5,090 run up, I was thinking that there could be a decent chance for a 30% or more correction from any supra $5k run up (just did not expect such supra $5k price run up to happen in the next month or two, and then it happened in about two hours of my post.. .hahahahaha... go figure?)...

A 30% correction would be pretty fucking harsh, currently at $3,563 ($5,090 x 70%), and maybe we are going to have a bit more UP before we get our supra 30% correction..(perhaps into the $6k arena or the supra $6k arena) with current dynamics, a bit more UP seems the to be the more logical outcome before a 30% correction takes place.. .even though I would not rule anything out in bitcoinlandia.. and I have not mentally concluded that we have transitioned into a bull market yet.. even though possible transitioning matters are looking pretty damned decent at the moment.

[jbreher]

Shitttttt!

First time I checked the price in over 24 hours. DA FUCK happened WO Bros (in a good way).
I’m not done accumulating though man, I don’t want to go over 10k in the next few months

Wait for the poor people bitcoin

Sorry man. Don't mean to point 'hah-hah' at you, but HoneyBadger don't GAF. What have you been waiting for? Get onboard before it's too late.

[Raja_MBZ]

A wild guess: today is the last day to get bitcoin below $3900.

Yes.  The odds of the truth of that assertion are in the less than 25% arena.

So far so good:

Maybe the odds of going below $3,900 again became slightly better than what they were on March 25, but they have not changed by a lot.. I would not even put them above 45% and that 45% is a bit charitable.  You may end up being correct, regarding your guess, but I am not sure what that would be saying, besides you having had gotten lucky in your guess.  Do you find that valuable in how you live your life?  I certainly try to minimize gambling and guessing in how I live my life, but surely once in a while it is fun.. but that is it.. merely fun rather than something to attach much if any significance.

What are the odds of going below $3900 (again) now, @JJG?


OTOH, some are REKT:

Lyft breaks below its IPO price ($72), now down over 20% from its opening day high.

Is this the calm after the storm now? I wouldn’t mind a period of 3-4 months in this range. Low volatility is good for bitcoin. Average Joe doesn’t want to buy when the price is up & down like a yoyo.

I’d be cool with low volatility until June/July or something before the next leg up to $ 6,000 or something.

Anybody agree?

I don't think that we're going to have low volatility in the short term. I've got a feeling that bitcoin is in the mood of making alts super-rekt and getting an increase in overall market dominance, by first dumping again (to somewhat like ~$4400) and then pumping again (to somewhat like ~$5100).

[jbreher]

https://twitter.com/bitfinexed

Does this Twitter handle have any association with realr0ach?

Hmm. No Nazi propaganda? No 'my life sucks because of da jooz'? No 'my life sucks because of da wimmunz'? I think the question answers itself.

[Toxic2040]

Do you think we are on the verge of transitioning from five million unique individuals moderately interested in bitcoin in particular and crypto in general on a day to day basis to fifty million individuals? If so, what time frame would you give such adoption?

I think by the mid 2020's there will be fifty million unique individuals using crypto currencies on a daily basis.

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nomnomnomnom..mmmm..cookies good...Cookie Monster LIKE cookies...you have more?
1h


I think we might be attacking this 200 sma line throughout the coming summer before finally breaking above it again.
D


All im sayin is that I believe there is a high probability that we will see above $10k+ within the next 23 months.
M

#stronghands'19  #dyor  #btd's

[sandra_x]

Trading volume has doubled in the last 24 hours (18 billion $) with over 15% growth in bitcoin price .It seem we are finally getting out of the woods. The first signs was a few weeks back,this could well be a confirmation if we able stay afloat. Then everyone will FOMO and the dumb money starts pouring into the market. (The coming 48 hrs should tell us this is not another pump- I am positive this time it is not).

[bitserve]

It is slightly upsetting that I sold a coin and a half yesterday. Still, could as easily have been a loss.

Personally, as I posted yesterday, right before the $5,090 run up, I was thinking that there could be a decent chance for a 30% or more correction from any supra $5k run up (just did not expect such supra $5k price run up to happen in the next month or two, and then it happened in about two hours of my post.. .hahahahaha... go figure?)...

At least you didn't jinx it with your meme. Lucky guy

[jbreher]

I'm working on a theory about last night's breakout. It's not fully-fleshed as of yet, but it has something to do with the incipient release of Derek Smalls' new album.

[ThrobbingSausage]

Though if you really want to take the security and usability hit of using Layer 2, there is always the option of using an exchange.

Not your keys, not your coins. Keeping coins on exchanges is not an argument. What security hit ?

How does SV base layer handle instant payment verification with double spend protection - 1 block per 10 minutes ? Even Bitcoin does not do this, without Lightning.