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Question: Closing BTC Price June 17:
$0 - 2 (1.7%)
<$6,500 - 7 (5.9%)
$6,500-$6,750 - 1 (0.8%)
$6,751-$7,000 - 2 (1.7%)
$7,001-$7,250 - 3 (2.5%)
$7,251-$7,500 - 6 (5%)
$7,501-$7,750 - 4 (3.4%)
$7,751-$8,000 - 12 (10.1%)
$8,001-$8,250 - 13 (10.9%)
$8,251-$8,500 - 6 (5%)
$8,501-$8,750 - 6 (5%)
$8,751-$9,000 - 11 (9.2%)
$9,001,$9,250 - 10 (8.4%)
$9,251-$9,500 - 12 (10.1%)
>$9,500 - 16 (13.4%)
$20,000 - 8 (6.7%)
Total Voters: 119

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 21224221 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.)
John Abraham
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May 08, 2019, 03:24:05 PM
Merited by JayJuanGee (1), mindrust (1), Toxic2040 (1)

What you need is DCA'ing. I am watching this shit since 2013 and that's my final decision on the subject. Doing all-in and all-outs worked for many people and did not for many. DCA however, works for everybody since 2009. We'll have another ATH and it'll work for the $20k buyers too.
Once again, I have quoted this post just to thank you once again. I have changed my mind after having enough knowledge about DCA which seems an interesting way to accumulate BTC, no matter what the amount is for me.
I have decided to purchase a little BTC per week (Not prefer to share), I am running some e-commerce business here in my local and I have decided to put a little part of my profit into BTC each week till 2020. It took me 3 days to decide but now I am totally optimized to invest in BTC each week.

Cheers
Meet you bros in the moon.



Sad for the Binance news. These stuff create propaganda among newbie. I wish no one has lost a satoshi.
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May 08, 2019, 03:26:28 PM

Better a mistake than a true blue hack, it means their security is more solid than thought.

Makes little sense for them to lie about it being a hack rather than a mistake. And it looks like coins have already moved from those supposedly unspendable bc1 addresses.

Original hack - https://www.blockchain.com/btc/tx/e8b406091959700dbffcff30a60b190133721e5c39e89bb5fe23c5a554ab05ea

The first bc1 address on there has been emptied - https://chainz.cryptoid.info/btc/address.dws?bc1qp6k6tux6g3gr3sxw94g9tx4l0cjtu2pt65r6xp.htm

Well so much for that theory. I guess it was put out by a website in a rush to generate content, as happens all too often.

The fallout from this will be more significant than your everyday hacking because it was Binance, but I guess it will take a few days for the dust to settle.
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May 08, 2019, 03:31:45 PM
Merited by Torque (2), vapourminer (1), Toxic2040 (1), John Abraham (1)

I just spent the last hour stewing in my own anger and need to tweet regarding @cz_binance's threats to hijack the bitcoin network. /1

https://twitter.com/MikeMcDonald89/status/1126012866455191552
^
What to think of his tweet?

I think he has an agenda against CZ and Binance.  And this shows in his anger, and is shaping his statement quite a bit.  But that said I think he is essentially correct.

I think it is wonderful the idea of a reorg/rollback came up.  This is not the first time.  It will not be the only time.  But it must NEVER happen.  

And this may be the single best object lesson against centralization on the base layer.  Proponents of blockchains that either are centralized, or WILL centralize always talk about how miners will always be incentivized to "play fair" and not do things like rollbacks.  BSV comes to mind.  Gigameg (sic) blocks will inevitably cause centralization or miners/nodes.  Probably EXTREME centralization with only a very few ultra powerful players in the game.  Then when something like this happens in the future they can all get on a Skype call and decide the fate of the blockchain.

It is not an IF.  It is a WHEN.

And it does not even have to be something like collusion to increase supply (which would also probably happen) but something justifiable like a reorg after theft or attack.

People who are suggesting this have COMPLETELY MISSED Bitcoin's greatest achievement.

An extremely distributed Bitcoin network is censorship resistant.  No one can stop you from spending your money.  The flip side is no one can really stop theft.

But that is a simple fact of life.  Right now the thieves wear suits and make monetary policy decisions "for the good of mankind".

A blockchain reorg is the first step on the path to that same system, just digitized.

And it is a step off a cliff.

If Bitcoin is to survive, it will not happen.
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May 08, 2019, 03:34:51 PM

^
Thats the thing about kenzawak....  you would never guess he’s actualy a french guy Cheesy

Does he shower? Smiley

^
Thats the thing about kenzawak....  you would never guess he’s actualy a french guy Cheesy


Does he shower? Smiley

French Baths...

That's cologne right?

I learned a lot from Bitserve's posts.
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May 08, 2019, 03:37:54 PM

It's kind of hard to see at first...  but this situation is EXTREMELY POSITIVE for bitcoin in the end.

Imagine businesses and institutions looking at Bitcoin and Ethereum.  

Will Bitcoin/Ethereum be reorged in the future?  Is it a security?  Will the monetary policy be changed?  Is it centrally controlled?

Which one do you want to store value in?

Every time Bitcoin survives another attack it grows stronger.  The other coin has already failed on all counts.

Nothing against any of you ETH folks in here... it's an interesting project... etc. Smiley  But seriously Bitcoin is looking more and more like a store of value every day.  

Nothing else even comes close.
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May 08, 2019, 03:44:34 PM

Damn I haven't time to go through all this yet, got a dog with a nasty cut.
https://twitter.com/binance/status/1125959459782553600 cz saying the suggestion to reorg came from the community and other verlakkerij
https://twitter.com/JeremyRubin/status/1125919526485254144 rubin being an utter twat and suggesting it
https://twitter.com/brian_trollz/status/1125927753096863751 shinobi rebuffing him

the hack that wasn't a hack
a nice friendly hack to emphasise to the newbies in the institutions that bitcoin is immutable


THIS THIS THIS.  A million times this.  As horrible as this event is we should be seeing light bulbs turning on in 3... 2...
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May 08, 2019, 04:01:28 PM

In case you missed it here is a synopses of the CZ ama

https://www.binance.com/en/blog/332782515450425344/AMA-with-CZ-%7C-May-8-2019

Quote
Highlights:

- CZ confirms an upcoming margin trading feature for Binance.

- CZ talks about the timeline for the next Binance Launchpad token sale project.

- CZ reveals plans for a possible future by Binance.

- Plus, the latest updates from CZ on the security incident.

- Binance will take care of affected accounts from the incident through the SAFU fund and ensure the integrity of its networks and platforms before resuming its services.

- UPDATE: Following the AMA, CZ confirmed that Binance will not pursue the re-org approach on the Bitcoin network to resolve the matter.


-----------

Truly a messed up situation but they(Binance) seem to be putting the fires out. I guess I am biased but I like CZ and what he does for bitcoin and crypto. I wish him the best of luck in repairing damage from the hack and moving forward once again.

Not sure where the reorg suggestion came from but thats a complete and resounding NO f'ing way.   





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May 08, 2019, 04:06:58 PM

The hacker sent funds to an address from which they can't be spent???

https://cryptopotato.com/did-binance-really-get-hacked-these-conspiracies-might-prove-otherwise/

Sounds like CZ has some serious haters. Of course the rollback idea is dumb. It was dumb when Ethereum did it, it's dumb now. Too bad he had to actually say that. He is/was one of my favorite crypto personalities.

The dude just lost 40MM.  You ever play poker?  I remember the first really big pot I lost... 

I've never liked him all that much, but if ANYONE deserves to be forgiven for entertaining stupidity...
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May 08, 2019, 04:15:47 PM

Better a mistake than a true blue hack, it means their security is more solid than thought.

Makes little sense for them to lie about it being a hack rather than a mistake. And it looks like coins have already moved from those supposedly unspendable bc1 addresses.

Original hack - https://www.blockchain.com/btc/tx/e8b406091959700dbffcff30a60b190133721e5c39e89bb5fe23c5a554ab05ea

The first bc1 address on there has been emptied - https://chainz.cryptoid.info/btc/address.dws?bc1qp6k6tux6g3gr3sxw94g9tx4l0cjtu2pt65r6xp.htm

Well so much for that theory. I guess it was put out by a website in a rush to generate content, as happens all too often.

The fallout from this will be more significant than your everyday hacking because it was Binance, but I guess it will take a few days for the dust to settle.
Who the fuck is binance?
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May 08, 2019, 04:30:50 PM
Merited by Torque (1), infofront (1), erre (1)

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May 08, 2019, 04:31:49 PM

Who the fuck is binance?

Business run by the Grey aliens.
The Chinese people are mere mutations of the species. JJG is their AI search engine.

Not to worry, the Annunaki are on their way.
Hopefully we'll be in the Pleiades by then.Undecided
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May 08, 2019, 04:41:10 PM

Any news on the China ban?

Yeah looks bad, we just went from 5860 to 5845  Tongue


Maybe thats why we have the Binance Annual Hack (BAH) coming earlier this year. Usually its in June or July. Smoke screen for China FUD failure.
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May 08, 2019, 04:42:08 PM
Merited by nutildah (1), fabiorem (1), machasm (1)


https://twitter.com/nic__carter/status/1126083947035877378

Is what it seems. +1 WO sM.

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what is this "brake pedal" you speak of?


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May 08, 2019, 05:01:20 PM

Much more to this than meets the eye.

verlakkerij

TIL. i have found my new favorite word.
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a Cray can run an endless loop in under 4 hours


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May 08, 2019, 05:34:09 PM

bitfinex - bitstamp spread is decreasing:

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May 08, 2019, 05:55:47 PM

So Binance hacked itself and will reimburse the victims with Binance tokens?

Right out of the ol' Bitfinex playbook  Wink

Not really:

https://twitter.com/cz_binance/status/1126005587353821184

Of course they would have enough BTC to cover, if they faked their own hack.

Not saying they did tho. Who really knows.

But here's the thing everyone should remember:

There will be no new Bull Run without plenty of FUD and fake bullshit to accompany it every step of the way. Not gonna happen.

In the wake of the attack, Tron CEO Justin Sun offered to personally make up for Binance’s shortfall by depositing “7,000 BTC worth USDT” into the exchange.

    To support @binance , I will personally deposit 7000 BTC worth USDT (40 million USDT) into @binance to buy $BNB, $BTC , $TRX & $BTT if @cz_binance agrees. No need to #FUD! Funds are #SAFU!

    — Justin Sun (@justinsuntron) May 8, 2019
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May 08, 2019, 05:57:19 PM

Next major green dildo will likely top out near $6,300.

Hodl.
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May 08, 2019, 06:14:05 PM
Merited by mindrust (1)

Next major green dildo will likely top out near $6,300.

Hodl.
Anything can happen
major green dildo Was  yesterday
 (Liverpool 4-0 Barcelona)!
But maybe this is ...

Day 38 of Bitcoin 60 Day Cycle.  Overall positive action and confirming of a 4-Year Cycle Low back in Dec.

Either painting the Right Shoulder here (no new high) or one more high for a solidly Right Translated Cycle.  

Patience is key because a drop in May will come, IMO.

https://twitter.com/BobLoukas/status/1123978457610891264
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May 08, 2019, 06:32:44 PM
Merited by Torque (1)

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May 08, 2019, 06:41:48 PM

https://www.bitfinex.com/rm-2019-05.pdf
Quote
MARKETING MATERIALS—SUBJECT TO CHANGE
iFinex Inc.—The Present and the FutureCurrent and Forthcoming Platforms, Products, and Services 1
May 2019 Note: Most of these platforms, products, and services are currently unavailable to U.S. persons;their respective terms of service restrict U.S. persons from using them
betting, bazaar, 100x options and more
yay
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