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Question: Closing BTC Price June 17:
$0 - 2 (1.8%)
<$6,500 - 7 (6.1%)
$6,500-$6,750 - 1 (0.9%)
$6,751-$7,000 - 2 (1.8%)
$7,001-$7,250 - 3 (2.6%)
$7,251-$7,500 - 6 (5.3%)
$7,501-$7,750 - 4 (3.5%)
$7,751-$8,000 - 12 (10.5%)
$8,001-$8,250 - 13 (11.4%)
$8,251-$8,500 - 6 (5.3%)
$8,501-$8,750 - 6 (5.3%)
$8,751-$9,000 - 11 (9.6%)
$9,001,$9,250 - 10 (8.8%)
$9,251-$9,500 - 9 (7.9%)
>$9,500 - 15 (13.2%)
$20,000 - 7 (6.1%)
Total Voters: 114

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 21223057 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.)
Paashaas
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April 05, 2019, 06:01:13 AM

Can people stop engaging Jbreher. If I want to read his bullshit I'll go to /r/btc. He's beyond salvation.

Weak moderation ore friends politics. Not amused.

Going to move on i don't want to be part of this endless bullshit.

Jbreher and other trolls can do what they want...
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JayJuanGee
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April 05, 2019, 06:39:36 AM

And the fair value of Bcash?? LoL

Troll.

LoL.
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April 05, 2019, 07:51:01 AM
Merited by JayJuanGee (1), Bitcoinaire (1)

https://twitter.com/woonomic/status/1113971442801094658

New thread from Willy Woo. My interpretation is -  "oops I think I was using bad data for muh NVT and looks like bottom is already in.."  Cheesy

I expect Tone and Tyler will come up with some cop outs before too long.  Roll Eyes

They can try an fight the daily BTCaby BTCull Market count, but it wont work, we get stronger every day.

JayJuanGee
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April 05, 2019, 07:55:29 AM

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?

Bitcoin don't no need additional plan,

So you admit that the bolded statement of yours above was an untruthful attack.

Nope.  I am not admitting that bitcoin has no plan. I am just cursorily dismissing your assertion that whatever is going on in bitcoin is deficient in terms of preparing for the future. 

I like bitcoin's conservative approach.  I recognize that there are a lot of technical matters in development, and even that there is current buildings upon segregated witness, lightning network and other layer 2 solutions that are adequately allowing bitcoin to scale as we go.. and the systems in place are sufficient for that too that include building incentives for developers and miners and even end users that continue to build.

Likely you are feeling your oats in recent days because bcash variants had spurts in which they pumped a higher percentage than BTC, so you want to contribute to bullshit FUD spreading to bash on fictitious "problems with BTC" based on bad and outdated data including a spam attack that was paid for in late 2017 and early 2018 - even though it is seeming less likely that bcash nutjobs are going to be able to afford to employ another 2 month long spam attack like you freaks carried out during that time and you are still relying on that data to spread your bitcoin is broken propaganda.

By the way, I do have some of my own personal uses of bitcoin, so I know how fees adjust to changing dynamics, and I even had some transactions that were locked up for up to 2 months in late 2017/early 2018. I also had a lot of high transaction fees during that time in December 2017 and January 2018.

Since January 2018, I have likely had in the neighborhood of more than 100 on chain transactions for all kinds of amounts sometimes sent with normal fees and sometimes higher priority fees and lowball fees.  The fee adjustment based on demand remains amazing.. largely low as fuck since January 2018 and transaction goes through quickly.

 By the way, on April 2 and 3, I noticed that onchain fees had gone up from a day or two earlier, and I sent 4 onchain BTC transactions, each of them was valued between $3k and $9k. 

1) One of them, I attempted to lowball the fee since I was sending to myself.. I included an "economy" fee of $.28 and regular fees were then $.78 (took about 41 hours to go through)
2) & 3)  two of them I sent with regular fees,  $.55 and $.78 respectively (went through in 30 minutes and 5 minutes respectively)
4) one of them, I sent with high priority, $1.41 (went through in 6 minutes)

On March 31, I had sent two on chain BTC transactions, and the fees were lower than they were on April 2 and 3:

1) I sent nearly $600 by regular fees and the fee was $.04 and went through in 47 minutes

2) I sent about $1,000 by priority and the fee was $.46 and went through in 25 minutes

This is reflective of my experience, and in recent times, only rarely do I attempt to low ball fees and the transaction gets stuck for more than a day.  If the BTC traffic gets high, then miners will skim off the top with the highest fees going through first.  Works great.... so far.



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April 05, 2019, 07:59:33 AM

It seems to me that we have ceded a great deal of influence on BTC development to a single corporate entity.

Oh my... even jojo buying into and spreading stupid ass fud.

It seems to me that we have ceded a great deal of influence on BTC development to a single corporate entity.

Maybe... except we haven't really "ceded" anything as "we" didn't have any real influence over that outcome.

Also I am not completely sure about how much real influence they do or not have. I mean, they for sure do have a lot but.... too much? Donno.

I will be clear... I am 100% for L2 as a scaling solution, but I am also advocating for a CONSENSUATED linear blocksize increase in the near future.

For full disclosure: I was even pro Segwit2X at the time..... *if* it have had CONSENSUS, which it didn't.

And I still think that had Segwit2X went thru, all other forks would already be in the grave instead of just agonizing.

Oh my... bitserve, too.   Roll Eyes

blocksize increase would not have stopped the stupid ass forks.. unless it were to break bitcoin, which was part of their goal to change bitcoin's governance and make bitcoin easier to change..... which takes away almost any uniqueness that bitcoin is providing in terms of decentralization that currently exists in bitcoin and only in bitcoin.  So get it out of your head that any block size increase is coming soon, unless it is actually necessary.. maybe a few years? Maybe 10 years?   Maybe a blocksize increase is not necessary, and just get it out of your head.  Play it by ear. Let's see?

Regarding skepticism of blockstream.. get involved if you want to meet those folks .. it is not that BIG of a community, if you really want to get involved, then just do it.  Otherwise, we can also decide how much we want to invest into BTC versus other cryptos or other projects, and bitcoin seems to be the best game in town, at the moment.. far exceeding all others.  Name one that is even close to it.
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April 05, 2019, 08:10:14 AM



I reckon it was my guy micG!
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April 05, 2019, 08:20:25 AM



Mmmmm that explains his absence in here....

Thought he wasn’t here cause of that small pump Roll Eyes
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April 05, 2019, 08:25:08 AM

Dammit what is wrong these last days, again woke up pretty late, as just right now F***

Good “late” morning WO’s

Weekend is uppon us

And only one page from last evening, a almost FULL JJG page .... pffff gonna read it when i arrive @ a coffee house/place

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April 05, 2019, 08:30:11 AM

Good morning WO.
I am up early then my usual LOL
Happy weekend ahead.
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April 05, 2019, 08:33:44 AM
Merited by VB1001 (1)

Dammit what is wrong these last days, again woke up pretty late, as just right now F***

Good “late” morning WO’s

Weekend is uppon us

And only one page from last evening, a almost FULL JJG page .... pffff gonna read it when i arrive @ a coffee house/place

I've outdone myself...


Exhausted, but cannot leave my keyboard.

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April 05, 2019, 08:37:21 AM



I've outdone myself...


Exhausted, but cannot leave my keyboard.


Sleep well 😛
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April 05, 2019, 08:54:32 AM
Last edit: April 05, 2019, 09:19:36 AM by Icygreen
Merited by DeathAngel (1), micgoossens (1)

Time to recharge the accounts.  I was feeling excited about participating at bisq but I'm realizing that BTC isn't very liquid for the Canadians over there (only 1 option over the past 2 days)  and I'll get much more for my $ at Bitstamp.  
Gotta get ready to BTFD or FOMO as it is more likely.
Stretching finances a tiny bit this time to get it done but just feeling that I gotta do it now. It was the recent post by Kurious that resonated true for me. https://bitcointalk.org/index.php?topic=178336.msg50446802#msg50446802
Thanks mate!

 
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April 05, 2019, 08:58:04 AM

Time to recharge the accounts.  I was feeling excited about participating at bisq but I'm realizing that BTC isn't very liquid for the Canadians over there (only 1 option over the past 2 days)  and I'll get much more for my $ at Bitstamp. 
Gotta get ready to BTFD or FOMO as it is more likely.
Stretching finances a tiny bit this time to get it done but just feeling that I gotta do it now. It was the recent post by Kurious that resonated true for me. Thanks mate!

 
Last night I sent some BTC and the tx fee was 100+ sat/B
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April 05, 2019, 08:59:18 AM
Merited by bitserve (1), micgoossens (1)

Last year I was spending £400 a week on cocaine.

2019 I’m spending £400 a week on buying bitcoin.

Feels great to be adding to my stash so regularly again - Bitcoin is the only high you need Wink
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April 05, 2019, 09:03:05 AM

Last year I was spending £400 a week on cocaine.

2019 I’m spending £400 a week on buying bitcoin.

Feels great to be adding to my stash so regularly again - Bitcoin is the only high you need Wink
Bitcoin to save life 😛
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April 05, 2019, 09:04:29 AM

Last night I sent some BTC and the tx fee was 100+ sat/B

Last few days the mempool has been more bloated than in the past year.

https://jochen-hoenicke.de/queue/#0,24h
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April 05, 2019, 09:05:21 AM
Merited by bitcoinPsycho (1)

Last year I was spending £400 a week on cocaine.

2019 I’m spending £400 a week on buying bitcoin.

Feels great to be adding to my stash so regularly again - Bitcoin is the only high you need Wink
Bitcoin to save life 😛

I was never going to get ill or addicted. I just enjoyed getting fucked up a couple of times a week.
Now I’m enjoying buying as many coins as I can & also enjoying the title race & CL Smiley
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April 05, 2019, 09:10:33 AM



I was never going to get ill or addicted. I just enjoyed getting fucked up a couple of times a week.
Now I’m enjoying buying as many coins as I can & also enjoying the title race & CL Smiley
And I thought you never had it LOL

Anyway, I had the similar  experience. I tried weed, and other available drags just to test the feeling. Weed was the worse LOL

By the way, I am talking about year 2010 - 2011
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April 05, 2019, 09:14:46 AM

Bitcoin is the best drug guys, especially when in a bull run. HOPIUM pilos are great too Cheesy

Get iiiiiinnnnnnn my veins  Cool

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April 05, 2019, 09:18:12 AM

Last year I was spending £400 a week on cocaine.
2019 I’m spending £400 a week on buying bitcoin.
Feels great to be adding to my stash so regularly again - Bitcoin is the only high you need Wink

Now you got addicted to crypto.
You will see something like this every morning when you get up.

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