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

[GreatArkansas]

I've never had baby camel. Is it good?

We all hate camel if i’m right..... especially with a toe attached

the toe is the best part of camel, especially if it is kinda juicy and the smell is good  

Edit: This is a joke. 

[lightfoot]

5600. Not bad, not bad....

[Last of the V8s]

I've never had baby camel. Is it good?

I imagine it’s tight. Not my thing though to be honest lads.

Sorry I can't catch your drift here. Are you saying DoubleHunter is drunk?
Or they get the baby camel tight before slaughtering and cooking?
Seems unlikely. you do know most of the camel-loving countries don't do alcohol?
so what exactly are you saying, Liverpool?

[DoublerHunter]

I've never had baby camel. Is it good?

We all hate camel if i’m right..... especially with a toe attached

That is a delicacy food here in the middle east country only rich people can afford, then if bull run comes I can afford too.
Only the royal family can afford here.

[BTCMILLIONAIRE]

Anyhow, I guess we keep coming back to the general idea that it will be fine in the future!.. The technology will be there to support Bigger Blocks and Massive Database (but in the future it will be considered small). We will have cheap 1000GBit connections to link everyone together and 80TB hard drives! Moore says so!

The same can be said for LN and Layer 2 solutions. The developers are working on a solutions for this and that. A different Layer 2 solution will be available soon and so forth.

But which would you bet on? Something that is developing and evolving right before our eyes or relying on Moore's Law?

Are you walking through life blindfolded? Internet connections and hard drives have been evolving right before our eyes long before Bitcoin was even a thing. People have been actively working on those problems 24/7 for decades.

Gigabit is already cheap in some places and only a tiny fraction of what is possible right now. The only reason our internet isn't faster is because there is no consumer grade application for it (you can stream 4k with multiple devices with a fraction of that), not because we don't have the infrastructure necessary.

Again, arguments against big blocks are not going to be found on the hardware side.

[LFC_Bitcoin]

I've never had baby camel. Is it good?

I imagine it’s tight. Not my thing though to be honest lads.

Sorry I can't catch your drift here. Are you saying DoubleHunter is drunk?
Or they get the baby camel tight before slaughtering and cooking?
Seems unlikely. you do know most of the camel-loving countries don't do alcohol?
so what exactly are you saying, Liverpool?

I’m saying tight as in tight around DoubleHunter’s penis as he enters it, V8. Sexual intercourse with a baby camel could possibly be an act of pleasure in some parts of the world.



Like I said though, it’s not for me

Edit - DoubleHunter - I’m kidding of course. What does it taste like please?

[machasm]

I've never had baby camel. Is it good?

I imagine it’s tight. Not my thing though to be honest lads.

Sorry I can't catch your drift here. Are you saying DoubleHunter is drunk?
Or they get the baby camel tight before slaughtering and cooking?
Seems unlikely. you do know most of the camel-loving countries don't do alcohol?
so what exactly are you saying, Liverpool?

I’m saying tight as in tight around DoubleHunter’s penis as he enters it, V8. Sexual intercourse with a baby camel could possibly be an act of pleasure in some parts of the world.



Like I said though, it’s not for me

Edit - DoubleHunter - I’m kidding of course. What does it taste like please?

Sheep are more to our taste are they LFC? Jk.

[LFC_Bitcoin]

I've never had baby camel. Is it good?

I imagine it’s tight. Not my thing though to be honest lads.

Sorry I can't catch your drift here. Are you saying DoubleHunter is drunk?
Or they get the baby camel tight before slaughtering and cooking?
Seems unlikely. you do know most of the camel-loving countries don't do alcohol?
so what exactly are you saying, Liverpool?

I’m saying tight as in tight around DoubleHunter’s penis as he enters it, V8. Sexual intercourse with a baby camel could possibly be an act of pleasure in some parts of the world.



Like I said though, it’s not for me

Edit - DoubleHunter - I’m kidding of course. What does it taste like please?

Sheep are more to our taste are they LFC? Jk.

For the Welsh maybe
I went to Ibiza with the lads when I was younger & there was a group of Welsh guys there. Their joke motto was ‘We shag them, you eat them - Sloppy fucking seconds’

[BTCMILLIONAIRE]

Bitcoin spenders can now use the lightning network to shop at e-commerce sites like Amazon.
Crypto payment processing startup Moon announced today that any lightning-enabled wallet can now also be used through Moon’s browser extension.
Before this lightning feature, roughly 250 beta users already used Moon to spend crypto on e-commerce sites by connecting the browser extension to exchange accounts like Coinbase.

https://www.coindesk.com/you-can-now-shop-with-bitcoin-on-amazon-using-lightning

Interesting. I'd like to know more about what it means to "connect[ing] the browser extension to exchange accounts like Coinbase".

a few years ago i ordered something from overstock.com as i think they were among the 1st retailer to accept btc (or at least the 1st retailer i would use). i dont recall exactly how i paid but i remember it was through something like bitpay or something. it displayed a qr code and btc addy with a timer, i copy/pasted the btc addy and paid from my core wallet on my desktop.

few days later i would up returning the item, and the refund went to my coinbase account. which i did not use to pay for the item, as i said it was paid with my core wallet.

they musta figured it out it was me from my shipping address maybe. i looked in my coinbase tx history just now  and all it says is refund for order xxxxx. no amount or other description.

gonna hunt through emails and such to see if i can find more info on how that went.

anyway maybe they will pull something like that..

---------------------------

ok found this in my email from mid 2017:

From: Coinbase [no-reply@coinbase.com]
To: xxxxxxxx

Overstock.com just sent you 0.xxxxx BTC (worth $xx.xx USD) using Coinbase.
Attached message:
InvoiceId: xxxxxxx, InvoicePaymentId: xxxxxx, refundAmount: USD xx.xx

EDIT: and just found the payment in my desktop core wallet labeled "to overstock for xxx" and the amount matched with a tx time about a week earlier.

so how did they match that up..

That seems frightening.

Did you figure this out?

I was under the impression that BitPay asked for an address when you file for a refund.

Any chance you just gave them your Coinbase address over your wallet?

[Last of the V8s]

^ https://bitcointalk.org/index.php?topic=178336.msg50730966#msg50730966

actually this coinbase/poloniex info-selling thing is getting seriously mysterious with 2 members confirming
witaf  

[DoublerHunter]

Edit - DoubleHunter - I’m kidding of course. What does it taste like please?

Lol, that's okay.
I am a little bit off topic here.

Taste like...hmmp smooth and delicious. nah I can't express the taste.

Just imagine this.

[Last of the V8s]

once you have snake you never go back

[UnDerDoG81]

Hello Bitches, I am back! After my account got hacked in August 2018, I got it back today (thanks admins). So, ready for the next bullrun 

[JSRAW]

once you have snake you never go back

One of my Naga friend say same thing about snakes and dogs.

[LFC_Bitcoin]

Hello Bitches, I am back! After my account got hacked in August 2018, I got it back today (thanks admins). So, ready for the next bullrun 

Welcome back my G.
The keys are in the ignition ready for the next bull run, glad to have you.

[Paashaas]

I can smell the FOMO in the air.

[HairyMaclairy]

There have been 3 notable golden crosses before today on the 50/200 Daily Moving Average.  They are as follows (look for where the red line 200 DMA crosses the yellow line 50 DMA from above).

Golden Cross in 2012
Price is flat during Golden Cross.  Price up by ~ 60% 3 months later



Golden Cross #1 in 2015
Price is falling during Golden Cross.  Price down by ~9% 3 months later




Golden Cross #2 in 2015
Price is rising during Golden Cross. Price up by ~45% 3 months later



Today's Golden Cross for comparison purposes
Price is rising during Golden Cross.



Analysis

So far, most traders seem to be assuming that today's Golden Cross will be like Golden Cross #1 in 2015, with the price crashing from resistance at $6k.  But the mood in July 2015 was very different from today.  Importantly, in 2015 the price had already started to crash before Golden Cross #1.  

Today's Golden Cross most closely resembles Golden Cross #2 in 2015.  Which suggests we could find ourselves with a price of increase of 45% within 3 months, which would be nudging $8,000 in July (and possibly a spike to 10,000 before that...)

[BTCMILLIONAIRE]

New poll should be, if CSW starts suing the trust for keys to the stash, since he has his own chain would you support freezing Satoshi coins on the BTC chain.

You are assuming a lot, aren't you?

You are assuming that the trust story is actually true, and if it were true, then whoever has the keys can do whatever the fuck they want with the coins, including dumping them all.

We don't need to DAO hardfork in bitcoin.  This is not ethereum, and the mere fact that some goofball like craig might gain access to such coins should NOT worry anyone.

It's a hypothetical based on their claims, would it be better if it was reworded to: what if two billionairs are not completely insane and actually have some logic to their madness? I'm having a hard time explaining their actions and timing, so dismissing it off to their stupidity feels like an easy way out. To me that's the biggest risk holding BTC back right now, everything else seems to be going as planned. Trusts cannot do anything with assets they hold but beneficiary can do whatever the fuck they want, and in the wrong hands BTC1MM can do a lot of damage. But as i answered my own question, if that has any merit to being true their first step would be proving that he's Satoshi in the eyes of the government. And if that were to actually happen we would most certainly fork to original and Satoshi's frozen stash chains the next day and then market would assign risks appropriately.

Never attribute to conspiracy what can adequately be explained by incompetence

Occum's Razor says the simplest explanation that Craig is lying about the trust, is the most likely explanation.

That doesn't explain why he would be lying.

It's not entirely implausible that real Satoshi is dead or locked up and CSW somehow weaseled himself into a position where either the public or an authority calling him Satoshi would grant him access to a trust.


Either way, time will tell what is going on. One way or another.

[JSRAW]

https://twitter.com/CryptoBull/status/1120385822447030272?s=19

May be this can explain why he's lying?

Crystal Ball is broken so it could be stupid perspective.

[kenzawak]

I have weak heart and confused mind so every stage looks trap to me and for me actual bull market starts from $15 k.

We breach psychological price barriers on the way up. I think $6,000 is one as that’s when we started to drop fast at the peak of the bear market, it was fucking horrible.

$8,000 is a big deal to me, I dunno why but it just seems like a big jump.

$10,000 is obviously a big sticking point, I think there will be people selling when we get there.

Then we have, as you say $15,000. The next one after that is a new ATH.

I’m not selling anything until north of $30,000 - $40,000.  

20k is the psychological barrier for me. I was just a noob 1.5 years ago (well I still am obviously) but I remember thinking "wow I made quite a lot with almost nothing... what if I had invested that amount of money instead of that one ?"... and now that I have (well not completely but it's getting there), I wanna know how much profit I can make with that... and then, I know that it won't stop until... well, the moon. Because at 20k or even 30k, I probably won't sell.

@JSRAW I know you heard it many times but I don't think it really matters what happens in the short term, if we get 5% or lose 5%... in a few years, we'll look back thinking how dumb we were worrying about a few hundred $.