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

[Last of the V8s]

You're bored so you deem it acceptable to bore us with your unoriginal stories

[Lambie Slayer]

Source unknown(Likely Alien):
 
 "In 1876 economists and mathematicians theorized the existence of a economic-ecosystem that had reached a form of transcendence - creating an endless positive feedback loop. They proposed that such a system entering this state would begin what they called the Golden Bull Run. Various mathematical models were created to show what this Golden Bull Run would look like.


Through my PhD research I believe Bitcoin may be entering the early stages of a Golden Bull Run. In this stage early investors could potentially earn an endless supply of wealth - as the system generates tangible wealth rather than just moving it around.


Economists believed that the slow nature of the stock market meant that harmful players could sabotage the emergence of the Golden Bull Run before it could get started. However it looks like the extremely fast paced nature of Bitcoin means it is not susceptible to these types of attacks.


If I am right we could see something never before experienced in the history of the universe. Hold on while you can - takeoff is imminent."

[kenzawak]

WTF

AJAAAAAAAAX


WaaaaaaaaaaaaaaauW

WTF

AJAAAAAAAAX


NaaaaaaaaaaaaaaauW

...and 6k, here we are. My next post at 7k.

See you soon !

[kenzawak]

You think I'm bitserv?

lol no I was referring to this :

I think I need to share this even if I will probably regret doing so.

Ok, the thing is that today I spent the whole day cleaning my new property and the pool. To make whole story short... I arrived home (the regular one) at night... a couple hours ago. Then I noticed my ballsack was itching (even after taking a shower and carefully cleaning "the parts"). Probably because of friction or something from all the day working on the property... Don't really know, it's just weird.

Some time later I got very upset/uncomfortable by the burning feeling and decided maybe I could try to use some alcohol on the skin.

But I couldn't find any alcohol (not the drink type, I got plenty of that) so I thought cologne/perfum is almost the same. So I went to the bathroom and looked for the cheapest one I could find, in this case "Antonio Banderas 'The Golden Secret'" one. I don't even know why I do even have that shit in there... anyway....

So I generously sprayed my balls looking for some relieve.... For a few seconds I just felt some fresh sensation, I thought, it's ok, I fixed it! So I kept going... but no, it's not! The next couple of minutes my balls were BURNING LIKE FUCKING HELL!!!!

...

Two hours later I don't feel anything. So yeah, I fixed it.... either that or the fucking burning sensation numbed me so much that I can't feel the previous one anymore.


It worked.


True story.


#lifeofabitcoiner  <- Think about it. I really mean it.

[nutildah]

You're bored so you deem it acceptable to bore us with your unoriginal stories

Ok how bout this version?

I won my first bitcoin (1,450 of them) from Hal Finney in a bet of whether or not bitcoin could gain resistance from DDOS attacks by implementing two lines of code I had written for my own e-money, ByteCash. I was the biggest donator of btc to WikiLeaks, as I used to go to strip clubs with Julian Assange on the regular, and I also taught Ross Ulbricht everything he knows. He would have stayed out of prison had he heeded my advice but he was too much of a smarty pants.

Also, Last of the V8s is my bastard son.

[MrFreeRoMan]

If I am right we could see something never before experienced in the history of the universe. Hold on while you can - takeoff is imminent."

In the history of mankind existed, and still, exist exponential increase!
Apparently, the golden bull run is exponential increase!

Moore's law is proof

[vroom]

bitfinex - bitstamp spread update:

[sirazimuth]

You're bored so you deem it acceptable to bore us with your unoriginal stories

Well at least it’s a cut above Jew bashing and right wing-nut nonsense...

[Last of the V8s]

Also, Last of the V8s is my bastard son.

Why did you go off with that painted floozy? Why, Mom?

[nutildah]

Also, Last of the V8s is my bastard son.

Why did you go off with that painted floozy? Why, Mom?

It was hard times for all, son, please forgive me. The dark reign of Thatcher was in full force and after my pension was cut I had to get a job as a circus clown to make ends meet. My drinking habit was extraordinary. When your mum said it's either her and my baby son or the drink, well I knew what I had to do, so I moved to Ireland where my lifestyle choices wouldn't be questioned.

[fillippone]

He's like a broken record:

Nouriel Roubini at Salt Conference in NY: Crypto Is the Mother and Father of All Bubbles .

It he were a broken clock he'd be right twice a day.
A broken record is only a useless strain to ears.

[vapourminer]

Mic forgot me.

 

Damn Will add you on it...... 

A retry of the current WO-hats on the train, no worries Loyce once a HAT member, just a true BTC'er justify your seat on the CCMF train....., no FOX can't change that

i cant see my cat-with-the-hat avatar on there. but since cats have built in stealth technology im not surprised. hes there somewhere. he will be seen when he wants to.

[JayJuanGee]

You still have buffoonish JayJuanGee over here pretending like Bitcoin was created by god himself as the perfect system.  What type of 'god' creates a system built to have a financial crisis every four years on the dot where the price is required to double or half of miners go bankrupt and turn off? LOL. 

What the fuck you talking about you butt hurt ape?

Of course, there is going to be a lot of volatility when a new asset is in its early stages of adoption, and the four year halvening is just an aspect of discretionary algorithmic dynamics that anyone should be able to get used to and figure out, without "going bankrupt" as long as they have some brains in their head... unlike you, apparently, in your ongoing pursuit of bitcoin denigration in order to pump your bullshit in comparison.

 It's designed from the ground up entirely as a pump and dump scam.  

Your spin that is not backed up by either logic or facts.

The amount of mining is already enormous, so it's inevitable you get a halving soon where instead of any price increase, it's half of miners turning off instead.  

Bitcoin has been like this throughout its history.  There has been considerable incentives to mine and to build the hashrate beyond expectations, causing enormous and arguably excessive security.... so in that regard, better to have too much security rather than not enough, and who gives any ratt's asses if some of the miners over project and are not able to continue mining... hash rate does not generally fall off by any kind of meaningful rate, as you are attempting to make it out to be... you fucking exaggerating liar.

Or did you expect the price to increase and amount of mining to go up even more when it's already retardedly high?

Yep... seems like both are going to continue to happen... BTC price is likely to continue to go up, and mining and hashrate is going to continue to go up.

Yes, roach, start your stupid ass illogical and irrational halvening FUD now, that is neither based in fact nor logic, and let's see how it goes... ... in other words, halvening causes the BTC price to go up.. not down.. and who gives any shits about miners.. there is more than enough of them because the incentives are built in.. so even if some drop off, there are other miners to take their place.

Bitcoin is also designed to basically never have any type of stability and impossible to be the unit of account of anything where it always has to be the derivative of something else when cost of production is recursive based on it's own demand.  No matter how much KoolAid 80 IQ mexicans like JayJuanGee drink, it's never going to change the fact physical metals are the base of Exter's Pyramid and digital scamcoins have 0 hope of defeating them.  The only reason digital scamcoins exist is 1) to try and draw attention away from metals until the system implodes and 2)  To try and integrate people into a cashless society slavery system.

Yes..... live in your little fantasy, roach.  Spout your nonsense... Of course, as bitcoin continues to grow, as it likely will, the unit of account aspect will become more and more stable too... But there may likely be another 10 years or more of bitcoin growth, including likely 1000x or more price increasing in bitcoin that will also bring more and more stability in its price... in other words, the instability in bitcoin in the next 10 years or more... and perhaps even more than 20 years, is going to likely be in the upwards direction, merely based upon ongoing and increasing adoption... that is seeming nearly inevitable, at this point.

[El duderino_]

Mic forgot me.

 

Damn Will add you on it...... 

A retry of the current WO-hats on the train, no worries Loyce once a HAT member, just a true BTC'er justify your seat on the CCMF train....., no FOX can't change that

i cant see my cat-with-the-hat avatar on there. but since cats have built in stealth technology im not surprised. hes there somewhere. he will be seen when he wants to.

Under next the pink sheenshane cat

[d_eddie]

The way I understand it, the problem isn't with the address, but with the wallet software. Not all wallets deal bith 'bc1' (bech32) addresses yet. Bech32 is supposed to be the new universal format after the segwit fork. Legacy (B2SH) non-segwit addresses begin with '1'. Legacy (B2SH) multi-sig addresses begin with '3'.

'1' addresses can only receive funds in non-segwit (old-style) transactions. '3' and 'bc1' can receive funds in segwit transactions too.

eddie
um
https://en.bitcoin.it/wiki/Pay_to_script_hash and
https://blockstream.info/nojs/tx/b5927bc00f0fcf757d039be766a9903fb349b11aea1e8ed1edb8dc189d0b19e5?expand

Ooops, misspellings and mixups - legacy addresses ('1') are P2PKH, multisig/scripted addresses ('3') are PS2H.

P2PKH, bc1
the mess I made sure ain't no fun
I thank you V8
for setting me straight
you sharp & quick son of a gun!

[JayJuanGee]

CMC dominance is at 57.2%

And the alt-burning vs BTC is happening, F*** for some of my alts 

Well, if you HODL a very low amount in alts... so for me it is like, less than 2%, then if bitcoin goes up 2% (which is about $120 these days), then the amount that bitcoin has gone up, will exceed the whole value of my alt holdings.... so who gives any fucks about the alt holdings... they can go up or not... doesn't really matter very much to the overall value.

Of course, if you hold 10% or more in alts, then you would likely start to become a bit more concerned about their relative value and performance.. which is your own fault to invest that much in shit and allow yourself to get that distracted by less contributory aspects of the "crypto space."

[JayJuanGee]

Who else is waiting for a dip ? 

... 

Well yes, mind you I already bought plenty over the last 6 months. Wanting to buy a dip at this time is just a little greed. At 100k we'll all be quite wealthy anyway, some more cheaper coins at this point just means we'll be a little wealthier. A little wealthier is not really necessary.

EXACTAMENTE!!!!!!!!!!!!

If you have been in bitcoin for any longer than a couple of years, then you should have already been able to stack a decent amount of sats... ...

Of course, if you are in your 20s or 30s, you might not have as much available cash flow as older folks, but still, you should not be measuring yourself with older folks, anyhow, and in that regard, if you have been able to know about bitcoin for more than a couple of years, then relatively speaking, and amongst your peer group, you have had plenty of opportunity to stack some sats in preparation for our likely imminent upwards price direction in the next 1-2 years (could possibly take longer, but who the fuck really knows any precision regarding the future, except that the general price direction remains, likely UP).

[d_eddie]

https://coinrivet.com/blockstreams-liquid-network-goes-live-on-bitfinex-with-bitmex-integration-coming-soon/

[siggy_77]

So I like green dildo's as much as the next guy ..   ( wow, the ways THAT could be taken out of context...)

But I'm starting to get just slightly concerned we may be moving to fast..  anyone besides me getting that feeling?

50% increase in less than 2 months....

We're not in the parabolic mode quite yet.. but it does seem to me we are heading there quite fast..   I'd really like to see at least month or two bouncing around in the low 6xxx range before our next serious step up...

to fast, to soon means we hit a blow off top that is to low to hit my retirement target..  that would... annoy me....

[LFC_Bitcoin]

So I like green dildo's as much as the next guy ..   ( wow, the ways THAT could be taken out of context...)

But I'm starting to get just slightly concerned we may be moving to fast..  anyone besides me getting that feeling?

50% increase in less than 2 months....

We're not in the parabolic mode quite yet.. but it does seem to me we are heading there quite fast..   I'd really like to see at least month or two bouncing around in the low 6xxx range before our next serious step up...

to fast, to soon means we hit a blow off top that is to low to hit my retirement target..  that would... annoy me....

Yeah, I think low volatility is good. I’d be very happy to see 2 or even 3 months bouncing around $5,000 - $6,000.