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

[AlcoHoDL]

Just withdrew the corn I bought earlier today. Man, feels good to see my TREZOR balance rise!

"Buy BTC, HoDL, wait, ∞!"^TM

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Edit: Took 50 minutes to confirm. Not the best performance, but the fee was quite low. All good!

As long as the fee isn’t super low use this - https://pool.viabtc.com/tools/txaccelerator

When we were in the last parabolic rise & Roger was spamming the network I sent a few transactions with a fairly high amount of coins & fucked up by not manually setting my fees. It was taking forever so I used the above. It’s a good service & free.

Thanks LFC, never used a Tx accelerator before, but have heard of them. Good to know that it worked when you tried it, will keep it handy.

The important thing is that, no matter how long they take, all transactions eventually confirm, which shows the super-robustness of the Bitcoin network. For all practical purposes, Bitcoin confirmations are "irreversible certainties". And way faster and cheaper than any fiat Tx...  

I had a couple transactions come back to me in 2017.... so I am not sure what can cause that because I did not do anything besides attempting to send and getting a pending transaction that ended up coming back to my wallet.

You didn't lose any coins, and that's what matters. Bitcoin is probably one of the (if not the) most robust network(s) in the world right now. Satoshi Nakamoto must be very proud of his achievement.

Go BTC, go!

[1714191808]

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[1714191808]

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[1714191808]

1714191808

[Lambie Slayer]

Stop dumping guys.

[Ludwig Von]

Stop dumping guys.

Ready to start buying... . 

[makrospex]

well

there's our "big move"

When support moves up and gets stronger, whales are tempted to sell. I wanted to write about that before, but i wasn't sure if i was right (too little experience, you know).

EDIT: This is something i would definitely look for if i wanted to sell for a good price per coin.

[Icygreen]

I'm being told that the major radio and TV broadcasts in Russia (Moscow) now cite the exchange rates of BTC/RUB alongside the usual USD and EURO rates.

While price fluctuates nominally the past weeks, hundred's of thousands if not millions of everyday people are normalizing BTC's place in finance and learning how it can serve them.  This is how adoption happens, I hope everyone's paying attention.

Reminds me of a quote

There is no elevator to success, you have to take the stairs - Zig Ziglar

This most certainly applies to BTC

[BlindMayorBitcorn]

Why fatty doesn't have a hat? Fatty deserves a hat.

[El duderino_]

Why fatty doesn't have a hat? Fatty deserves a hat.

Good someone has humor at DIP time

[Searing]

Why fatty doesn't have a hat? Fatty deserves a hat.

Good someone has humor at DIP time

Whales at 'weekend' play. Let's drive the 'small fry' nuts and just let the bots run amuck! (Or what I imagine what they are doing besides

strip poker Monopoly with Super Models on their yachts...you know normal BTC whale type Sundays)

[fillippone]

I see that hoover bloke isn't going to make a Tesla after all.
https://www.bbc.com/news/business-50004184 Dyson has scrapped its electric car project

What do you expect? Dyson sucks.

It took me two days and a WO review to get the joke, well played.

[BlindMayorBitcorn]

[rebal15]

Stop dumping guys.

who are these gays? I will kick them.

[jojo69]

Why fatty doesn't have a hat? Fatty deserves a hat.

Fatty been being a bigger dick than me...and that is saying something...

[JayJuanGee]

OUCH!

EDIT: The bleeding hasn't stopped yet... $250+ down in less than 15 minutes.

Sell?

[Hueristic]

Stop dumping guys.

Ready to start buying... . 

Ready to sacrifice a small furry animal.

[jbreher]

[edited out]

If one of the other Bitcoins does indeed capture more market cap than BTC in the future, will you concede that that other fork will indeed be Bitcoin?

You cannot really believe that "the real bitcoin" is based on market cap, can you? 

‘zackly. What else you got?

I am sure that you heard of various network effects by now

Indeed. And they are all predicated upon market cap, and the irrational hype that builds around market cap.

What else ya got?

[jojo69]

Ready to sacrifice a Pict.

[jbreher]

There are some pretty severe security concerns around Casa Hodl at the moment.  

https://twitter.com/jwweatherman_/status/1182486419580866560?s=21

Hmmm. Lopp-Meister FTW.

I know that Lopp is CTO, but what does Meister have to do with anything related to Casa Hodl security issues?  Are you talking about Adam Meister or some other Meister?

Nope. Just Lopp. Just ‘meister’ in the generalized head honcho sense.

(glancing about and whistling nonchalantly)

Hey! Wasn’t Casa the developer of some bullet proof security protocol!?

(glancing about and whistling nonchalantly)

You still did not say who is Meister?  And who fucking gives any shits if a company fucks up their security practices? 

To quote: “Just Lopp.”

J. Rando company shitting the bed on security practices is not particularly noteworthy. When it is however a company that many in the BTC sphere look to for exemplary security templates to be implemented throughout the ecosystem, however, it might give one pause.

[HairyMaclairy]

Oh hi Jbear.  Hope you had a nice weekend.

Seeing as you raised the topic, this is a great opportunity for you to answer the question instead of continuing to avoid it.  

Please do try to respond to the question rather than raising another question or going off on a tangent.  



What is the difference between these two logos and how is not deliberately misleading / confusing to newbies ?

You have said such a practice is dishonest.  

[JayJuanGee]

Just withdrew the corn I bought earlier today. Man, feels good to see my TREZOR balance rise!

"Buy BTC, HoDL, wait, ∞!"^TM

---

Edit: Took 50 minutes to confirm. Not the best performance, but the fee was quite low. All good!

As long as the fee isn’t super low use this - https://pool.viabtc.com/tools/txaccelerator

When we were in the last parabolic rise & Roger was spamming the network I sent a few transactions with a fairly high amount of coins & fucked up by not manually setting my fees. It was taking forever so I used the above. It’s a good service & free.

Thanks LFC, never used a Tx accelerator before, but have heard of them. Good to know that it worked when you tried it, will keep it handy.

The important thing is that, no matter how long they take, all transactions eventually confirm, which shows the super-robustness of the Bitcoin network. For all practical purposes, Bitcoin confirmations are "irreversible certainties". And way faster and cheaper than any fiat Tx...  

I had a couple transactions come back to me in 2017.... so I am not sure what can cause that because I did not do anything besides attempting to send and getting a pending transaction that ended up coming back to my wallet.

You didn't lose any coins, and that's what matters. Bitcoin is probably one of the (if not the) most robust network(s) in the world right now. Satoshi Nakamoto must be very proud of his achievement.

Go BTC, go!

You are correct that I did not lose coins when the bitcoins had come back to me, and I just sent those bitcoins a second time.

However, I did actually lose coins (or dollars, however, you want to calculate the matter) in the second situation in which the coins had gone back to the other person who was supposed to be sending coins to me.  That person did not act honestly and send me the coins a second time, even though I had given him cash, which was a fairly sizeable transaction.. I just looked it up, and it was in February 2017 and the price was a bit more than $1k per BTC. 

Anyhow, I changed my practice after that incident, and thereafter, I always waited for at least 1 confirmation when I was giving cash to someone for an in person transaction like that - especially if I did not know the person very well and the amount was fairly large.  This was a case in which I had interacted directly with the person for a decent amount of time, and perhaps even close to a year with several successful transactions, yet when push came to shove, the person did not act honestly when we discovered that the transaction had never gotten confirmed and it had gone back to him.

Live and learn, and hope NOT to repeat those kinds of mistakes, even though those kinds of mistakes can be possible and I am not even sure if the guy did anything wrong to cause the situation, he just did not do the right thing after the situation had evolved.  I had some similar mistakes, but the fact that each mistake kind of evolves in a different way, there can come a bit of costliness in various kinds of learning.

[Cryptotourist]

What else ya got?

jbreher fork - Bitcoin JB (BRH) - the real Bitcoin, closer than ever to the original Bitcoin which is not Bitcoin anymore. LUL.
If you have 1 BTC or 1 BCH or 1 BSV you get 1 BRH. If you have all three Bitcoinz, you get 3 BRH of course.

Someone slap rebal for me.