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Question: Closing BTC Price June 17:
$0 - 2 (1.8%)
<$6,500 - 7 (6.3%)
$6,500-$6,750 - 1 (0.9%)
$6,751-$7,000 - 2 (1.8%)
$7,001-$7,250 - 3 (2.7%)
$7,251-$7,500 - 6 (5.4%)
$7,501-$7,750 - 4 (3.6%)
$7,751-$8,000 - 12 (10.8%)
$8,001-$8,250 - 13 (11.7%)
$8,251-$8,500 - 6 (5.4%)
$8,501-$8,750 - 6 (5.4%)
$8,751-$9,000 - 11 (9.9%)
$9,001,$9,250 - 10 (9%)
$9,251-$9,500 - 7 (6.3%)
>$9,500 - 14 (12.6%)
$20,000 - 7 (6.3%)
Total Voters: 111

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 21222060 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (64 posts by 15 users deleted.)
kenzawak
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April 04, 2019, 02:41:07 PM

Bitcoin’s Lightning Network achieves $5 million in network capacity

https://blockmanity.com/news/bitcoin/bitcoins-lightning-network-achieves-5-million-network-capacity/

"A new milestone has been reached by Bitcoin’s lightning network. The second layer scaling solution has hit $5 million monthly network capacity. The network capacity of Bitcoin’s Lightning network is up by 50% from last month.

According to Lightning network analytics website, 1ml.com, the network capacity of the Lightning Network, at press time, was listed to be 1,075.17 BTC or $5.3 million with the current value of BTC.

There is also a 21% surge in the number of Lightning channels compared to last month. The number of nodes has also seen an increase with the number up by close to 11%. There is currently 16 new nodes and 260 new channels being added daily."

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Reply with quote  #2

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The network tries to produce one block per 10 minutes. It does this by automatically adjusting how difficult it is to produce blocks.
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VB1001
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April 04, 2019, 03:05:29 PM

"Mt. Gox Trustee Announces Creditors Received Decisions Over Rehabilitation Claims"

Quote
Nobuaki Kobayashi, trustee of the notorious Japanese Bitcoin (BTC) exchange Mt. Gox, has announced Wednesday,
April 3, that all creditors who had filed rehabilitation claims have received decisions.

https://cointelegraph.com/news/mt-gox-trustee-announces-creditors-received-decisions-over-rehabilitation-claims
plasticAiredale
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April 04, 2019, 03:11:46 PM

This is how I see it.

(you see where we are at, right?)



https://twitter.com/BitBitCrypto/status/1113602858082086918

Looks like it will be quite simple to climb that ladder in the middle of the dam there.  Wink

Login CAPTCHA: traffic lights
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April 04, 2019, 03:19:22 PM
Merited by JayJuanGee (1), VB1001 (1)

Billionaire Brock Pierce takes out first-ever Bitcoin-backed mortgage to buy a $1.2m home in Amsterdam.

https://bitcoinist.com/billionaire-brock-pierce-takes-out-first-ever-bitcoin-backed-mortgage/
infofront
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April 04, 2019, 03:24:03 PM

Whoa. You have to be luck to intercept deep thought posts in WO, where it get quickly devoured in memes and one liners. I’m going to cross reference it in my monthly post to scan for good analysis..

Thanks. Your analyses have been excellent and very comprehensive BTW.


This chart would suggest price is likely to stay around $4k (=/- 1k) until June 2020.

I would guess that is not a popular view. Most posters would refuse to believe it.

I know you've posted about this a few time before, but can you give a quick rundown as to your rationale?
JimboToronto
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April 04, 2019, 03:27:39 PM

Billionaire Brock Pierce takes out first-ever Bitcoin-backed mortgage to buy a $1.2m home in Amsterdam.

https://bitcoinist.com/billionaire-brock-pierce-takes-out-first-ever-bitcoin-backed-mortgage/


The guy's a billionaire and he's taking a mortgage?

Pamoldar
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April 04, 2019, 03:32:27 PM



Lucky girl hehe:D

let's wait for Mrs LFC and Mrs Mic perspective also.

@Pamoldar you can ask to Bhabhi ji also Cheesy
She knows I love her a bit less than bitcoins and she is okay with it 😛
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April 04, 2019, 03:32:43 PM
Merited by vapourminer (1), xhomerx10 (1)

This is how I see it.

(you see where we are at, right?)



https://twitter.com/BitBitCrypto/status/1113602858082086918

Able company in a historical action shot. Please return the the archives when finished. DO NOT BURN

xhomerx10
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It's over 9000!


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April 04, 2019, 03:36:55 PM
Merited by JayJuanGee (1)

Billionaire Brock Pierce takes out first-ever Bitcoin-backed mortgage to buy a $1.2m home in Amsterdam.

https://bitcoinist.com/billionaire-brock-pierce-takes-out-first-ever-bitcoin-backed-mortgage/


The guy's a billionaire and he's taking a mortgage?



 Shhhh!  He's causing more fiat to be printed thereby increasing our Bitcoin value.  Don't tell him about the compound interest!
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April 04, 2019, 03:37:26 PM


My GF knows I wouldn't hesitate to do that if she suggested selling even *HER* Bitcoins. (*)


(*) After the last bubble "fiasco", I gave her permission to start trying to convince me above a certain (undisclosed) future price though.

Lucky girl hehe:D

let's wait for Mrs LFC and Mrs Mic perspective also.

@Pamoldar you can ask to Bhabhi ji also Cheesy

I always have difficulties remembering when I had my first BTC’s but it was @350-ish right in front of the BULLrun (the one introduced me to BTC “told the story many times...https://bitcointalk.org/index.php?topic=2827596.msg50321842#msg50321842” was in around or just in front mtGox...”)
He kept accumulating etc all the time and when he met me properly he introduced me and my GF to BTC and we jumped on it with not to much thinking, I was lucky cause I won the first pieces easily and thats just a good start with something that was unknown for me....

To make it short that game grew out as one of my better friends and my GF end up working in his BTC-related business ....

She was lucky and really bought them on the cheap and did HODLed it all the way till today, with no selling intentions ..... i’m a very lucky Guy that we have similar thought on this matter, cause I can guess in a bearmarket its not easy with all other couples....

+2 WO merit.
One for you and another for your girl friend 🙂
Also tell her that I thanked her to believe in bitcoins.
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April 04, 2019, 03:38:08 PM

Do you think that these neato 4-year cycles would continue forever?

Nope. Only until the world at large has an understanding of how to use Bitcoin.
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April 04, 2019, 03:39:38 PM



My gf was moaning throughout most of 2018 telling me I’d thrown away the chance for us to be rich. She was upset & cried a lot to be honest Cheesy
She said bitcoin is dead & I threw away X amount of money etc but I told her this is how it goes, a normal cycle.

Now she’s checking the price 10 times a day again, telling me to buy all the time.

Fucking women hey Cheesy
LOL
Thank God that she relaized the potential finally.
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April 04, 2019, 03:40:05 PM


+2 WO merit.
One for you and another for your girl friend
Also tell her that I thanked her to believe in bitcoins.

haha THX
btw she has her own account here Smiley
biu she isn't that active as me.... and she can handle herself pretty good in BTC-world
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April 04, 2019, 03:41:58 PM


My GF knows I wouldn't hesitate to do that if she suggested selling even *HER* Bitcoins. (*)


(*) After the last bubble "fiasco", I gave her permission to start trying to convince me above a certain (undisclosed) future price though.

Lucky girl hehe:D

let's wait for Mrs LFC and Mrs Mic perspective also.

@Pamoldar you can ask to Bhabhi ji also Cheesy

My gf was moaning throughout most of 2018 telling me I’d thrown away the chance for us to be rich. She was upset & cried a lot to be honest Cheesy
She said bitcoin is dead & I threw away X amount of money etc but I told her this is how it goes, a normal cycle.

Now she’s checking the price 10 times a day again, telling me to buy all the time.

Fucking women hey Cheesy

Mrs. Infofront has been bugging me for years about using my corn to upgrade from our small, 950 sq. ft. house.
Sorry honey. Daddy has a very low time preference.

micgoossens
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April 04, 2019, 03:42:22 PM

This is how I see it.

(you see where we are at, right?)



https://twitter.com/BitBitCrypto/status/1113602858082086918

Able company in a historical action shot. Please return the the archives when finished. DO NOT BURN



don't put me on the lower ranges when their are prices on the PIC Roll Eyes

who is that second one on the low with no HAT?
and the BTCpenny HAT, good to see it here forgot to put it in my collection Smiley
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April 04, 2019, 03:42:52 PM

Billionaire Brock Pierce takes out first-ever Bitcoin-backed mortgage to buy a $1.2m home in Amsterdam.

https://bitcoinist.com/billionaire-brock-pierce-takes-out-first-ever-bitcoin-backed-mortgage/


The guy's a billionaire and he's taking a mortgage?



 Shhhh!  He's causing more fiat to be printed thereby increasing our Bitcoin value.  Don't tell him about the compound interest!


It is cheaper to take a mortage than paying the full price directly, even for a billionaire Undecided
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April 04, 2019, 03:43:42 PM

My wife isn't bad at all with btc and just trust me. Now my parents are different, my mom told me to sell everything at $250.
I don't see much difference in between your mom and Warren Buffett 🤣
Both old school.
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April 04, 2019, 03:47:14 PM

Still unanswered: How LN is going to help when Layer 1 is already clogged to the point of uselessness.

We will cross that bridge when we get there.  

If this price pump continues, we could get there next week. Unfortunately, there is no solution on the horizon under discussion.

And, get the fuck out of here with your exaggeration that there is no plan in BTC..

OK, JJG. Tell me what the plan is to deal with the fact that once blocks are persistently full, then average fees rise uncontrollably, average wait times raise uncontrollably, LN channel openings and closings get economically prohibitive, and number of new entrants gets hard-capped.

What is the plan, JJG - what is the plan?
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April 04, 2019, 03:47:40 PM

This is how I see it.

(you see where we are at, right?)



https://twitter.com/BitBitCrypto/status/1113602858082086918
Very soon we will see this,



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April 04, 2019, 03:49:01 PM



whoa

Am I bottoming for Bob there?
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