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Question: Is this the last time we see sub-$10K?
Yes - 38 (40.9%)
No - 55 (59.1%)
Total Voters: 93

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 21535783 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. (142 posts by 32 users deleted.)
DeathAngel
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December 04, 2019, 07:32:33 AM

Waking up to $7165. Not another dip, man. I was thinking we’d seen the last of sub $7000.

 Undecided
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makrospex
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December 04, 2019, 07:46:19 AM

What would really drive worldwide adoption?

Biometric scans and mobile devices, maybe?
This means everybody must have a smartphone or device that is able to process QR codes and do OCR (scan bitcoin addresses), which is additionally offering a retina-scan camera, fingerprint sensor, saliva-analyzer or similar, to make sure that only the owner of the device can access the private key, decrypt the seed, handle transactions (and so on).

As cool and clever BTC might be, as hard and risky it is to use for average joe. He wants to flick an rfid card, maybe enter a short pin code, but that's it. Everything more inconvenient will scare him off, and average jane even more. Simple interfaces using secure backend solutions.

Don't call me names, i'm just brainstorming.
Who wants to join?

Brainstorming has a simple rule: No criticism allowed.
Instead of "You can't do X, because Y..." it's "To achieve X, you need to realize Y first, (which is dependent on A,B,C...)"
It's strictly constructive.

Anybody in?

EDIT: Maybe there's an existing thread, please point me to it if you know. If not and this starts to get somewhere, i'd start a new thread and ask the mod to move over existing comments.

Might be a good topic for a new thread.., especially if you don't want the questions and answers to get lost in the mess...  and of course, sometimes brainstorming does involve criticisms... these here are the interwebs.. not necessarily always the safest of spaces, and does it really matter if people criticize from time to time?... you fucker.

  Shocked Shocked Shocked   Cheesy Cheesy Cheesy  Cheesy Cheesy

Always appreciate you opinion, but brainstorming is not about criticism at all. It's a process of contribution and exploring (inter)dependencies within complex systems.
However, how dare you believe i don't appreciate criticism? It's an expression of honesty, freedom of speech and integrity (at least).
Well, just to make it clear, debating and criticism is necessary. I never blamed anyone for criticism and i'll never try to.
Shutting up is much worse. Except you are realr0ach, then it's just fine as a default mode.

Still, brainstorming is, by definition, a little different to discussing.
The bottom line: If we want average joe to put his money into bitcoin, it has to be convenient and safe for him to do so.
If you think i don't understand "adoption" correctly in this regard, please correct me with your unique writing style (which i love, but gives me a hard time to interpret correctly what you mean, sometimes. Hard lessons for a non native speaker). #nohomo

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December 04, 2019, 07:52:57 AM

Waking up to $7165. Not another dip, man. I was thinking we’d seen the last of sub $7000.

 Undecided

Hmm, but we didn't even see the last of the sub $6k...
I'm prepared for $3000 * 1.8 before starting to climbing over the 2017 ATH.
Time to set some buy orders in that region, but i'll be fine with any price before the halving and sell a part of my fiat on the way down for corn.
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December 04, 2019, 07:53:08 AM
Merited by makrospex (1)

We’re over 80% up from where we were 1 year ago to the day. We’re in a boring, accumulation phase. Some call it sideways, some might say mini bear market. I call it more opportunity for cheap/affordable coins.

HODL
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December 04, 2019, 07:56:58 AM

shitcoin delusion

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December 04, 2019, 07:57:58 AM

If fish live in it then it doesn't meet the definition of standing (which becomes stagnant) water unless those fish can breath air. There are some species of fish that can breath air and live in stagnant water but they are far and few between. Without circulation oxygen is not replaced in water so the fish will slowly suffocate.


True but how small is it?   You can (should) put oxygen weed in it.  
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December 04, 2019, 08:04:09 AM

If fish live in it then it doesn't meet the definition of standing (which becomes stagnant) water unless those fish can breath air. There are some species of fish that can breath air and live in stagnant water but they are far and few between. Without circulation oxygen is not replaced in water so the fish will slowly suffocate.


True but how small is it?   You can (should) put oxygen weed in it.  

Oxygen weed needs sunlight. Isn't there some bug/beetle/frog that eats these damn larves?
If you want to keep mosquitoes out of the area where you are relaxing... well, they hate blowing air.
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December 04, 2019, 08:16:04 AM

I was thinking we’d seen the last of sub $7000.

Don't say that.
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December 04, 2019, 08:35:37 AM

If fish live in it then it doesn't meet the definition of standing (which becomes stagnant) water unless those fish can breath air. There are some species of fish that can breath air and live in stagnant water but they are far and few between. Without circulation oxygen is not replaced in water so the fish will slowly suffocate.


True but how small is it?   You can (should) put oxygen weed in it.  

Oxygen weed needs sunlight. Isn't there some bug/beetle/frog that eats these damn larves?
If you want to keep mosquitoes out of the area where you are relaxing... well, they hate blowing air.

Is this a puddle in a cave?
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December 04, 2019, 08:39:31 AM

Waking up to $7165. Not another dip, man. I was thinking we’d seen the last of sub $7000.

 Undecided

It was explained to me nicely that even a dip to 6000$ levels is to be expected sooner or later.
I was so sure for half of this year we'll see prices near the ATH this winter I am quite lost now. I guess that we have to rethink it all. That's what I do. I start thinking that the sooner we get those low prices the better. Then the growth can start again.
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December 04, 2019, 08:58:54 AM

What would really drive worldwide adoption?


Most necessary requirement IMO is a stable price, or at least a price that can go down 20% in one day. Most merchant are not willing to adopt Bitcoin because of that. I mean if Bitcoin stays the same it is today, that means 3 confirmations can require 60 minutes or more on a bad day.

Of course if a transaction can be received within 5 minutes that would solve this issue.

I myself was sometimes reluctant to withdraw my salary in Bitcoin during bearish times, so I would most for bullish signals to withdraw my salary, otherwise on a 2000 EUR payout I would be credited 1950 EUR, you basically lost 2.5% of your salary within 60 minutes just because of Bitcoin network.
But I heard Lightning Network could solve this? Hope so.   
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December 04, 2019, 09:21:54 AM

Bitcoin 6k 2017! Bitcoin 6k 2018! Bitcoin 6k 2019! Bitcoin 2020?
Your post doesn't make any sense.

2019 for instance was fantastic, imagine buying on January 1 and selling at the end of June, difficult to expect such profit within such a short period outside the crypto world.
2020 will be quite poor though with a price not moving as much as usual. Could be wrong, we will see!

Didn't read much sense from you as well in the WO and way less out the WO  Roll Eyes  Kiss


It's funny that he started scam thread on one betting site here

https://bitcointalk.org/index.php?topic=5165118.msg51820682#msg51820682


yet is shilling for another in a self moderated thread that I linked the trust score for and he deleted.


https://bitcointalk.org/index.php?topic=5202405.msg53109232#msg53109232


Quote
The message they sent you was:

A reply of yours, quoted below, was deleted by the starter of a self-moderated topic. There are no rules of self-moderation, so this deletion cannot be appealed. Do not continue posting in this topic if the topic-starter has requested that you leave.

You can create a new topic if you are unsatisfied with this one. If the topic-starter is scamming, post about it in Scam Accusations.

Quote
https://www.trustpilot.com/review/www.betfair.com


But there is a silver lining, I got a merit from Bitcoin Forum from the Deleted/Off-limits/Ignored section!
Code:
December 02, 2019, 02:46:30 PM: 1 from (Bitcoin Forum) for (Deleted/Off-limits/Ignored)
It's my favorite merit now and I never knew they actually got read there!
It's nice to know the mods read what these scammers delete out of their self moderated threads.

I'm thinking about leaving him some red.

Is this is the same guy that is in that non escrowed bet with LFC?

If so I would recommend LFC demand an escrow.

Same guy I would recommend as well even the bet  is not about to much.... then again he claims to be a man of his worth

But what intriges me is he makes threads about how bad the WO is and needs to be moderated by someone better, while we have the best man for the job .... though he can’t stay away from the WO and post almost every day in here Roll Eyes
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December 04, 2019, 09:24:27 AM
Merited by mindrust (2), Cryptotourist (1)

[...] otherwise on a 2000 EUR payout I would be credited 1950 EUR, you basically lost 2.5% of your salary within 60 minutes just because of Bitcoin network.

I shouldn't be replying to this, but couldn't resist...

So, you're worried that you lost 2.5% of your salary in 60 minutes? Do you really think this matters? Check your balance in a couple of years and tell me then how much you've lost...

I bought my first Bitcoin at $200 from a Bitcoin ATM in 2015. The moment it arrived in my wallet, the balance was $178 (11% loss). I should have felt so sad and cheated, right? 11% loss in 10 minutes! Wow!

As of now, one Bitcoin is worth around $7200. That's 3500% (or 35x) gain in 4 years. Go find a bank or other investment that can beat that.

Enough said. HoDL.
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December 04, 2019, 09:33:57 AM

[...] otherwise on a 2000 EUR payout I would be credited 1950 EUR, you basically lost 2.5% of your salary within 60 minutes just because of Bitcoin network.

I shouldn't be replying to this, but couldn't resist...

So, you're worried that you lost 2.5% of your salary in 60 minutes? Do you really think this matters? Check your balance in a couple of years and tell me then how much you've lost...

I bought my first Bitcoin at $200 from a Bitcoin ATM in 2015. The moment it arrived in my wallet, the balance was $178 (11% loss). I should have felt so sad and cheated, right? 11% loss in 10 minutes! Wow!

As of now, one Bitcoin is worth around $7200. That's 3500% (or 35x) gain in 4 years. Go find a bank or other investment that can beat that.

Enough said. HoDL.

What if you need your salary right away? Most people do. You can live in a bubble I am afraid.

Most people when withdrawing a salary will need it to pay for their rent, the wife expenses, etc. You invest long term and you believe everyone do the same, the average Joe does the same, etc...    But the average Joe spends his monthly salary, ask your neighbors.


@ Hueristic: deleted it because Betfair is very legit, I mean every sports bettor in the world know that. Trustpilot is not always reliable.
1Xbet on the other hand is a big scam. Just yesterday: https://www.sportsbookreview.com/forum/sportsbooks-industry/3577865-1xbet-refuse-pay-winning-beg.html

Furthermore in my thread I said that I use a broker to access Betfair (this broker is Easysportbet). Easysportbet is legit, use it since 2014 and I always got my payouts on time. The post was deleted simply because off topic  Wink
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December 04, 2019, 09:41:23 AM
Merited by Paashaas (1)

[...] otherwise on a 2000 EUR payout I would be credited 1950 EUR, you basically lost 2.5% of your salary within 60 minutes just because of Bitcoin network.

I shouldn't be replying to this, but couldn't resist...

So, you're worried that you lost 2.5% of your salary in 60 minutes? Do you really think this matters? Check your balance in a couple of years and tell me then how much you've lost...

I bought my first Bitcoin at $200 from a Bitcoin ATM in 2015. The moment it arrived in my wallet, the balance was $178 (11% loss). I should have felt so sad and cheated, right? 11% loss in 10 minutes! Wow!

As of now, one Bitcoin is worth around $7200. That's 3500% (or 35x) gain in 4 years. Go find a bank or other investment that can beat that.

Enough said. HoDL.

What if you need your salary right away? Most people do. You can live in a bubble I am afraid.

Most people when withdrawing a salary will need it to pay for their rent, the wife expenses, etc. You invest long term and you believe everyone do the same, the average Joe does the same, etc...    But the average Joe spends his monthly salary, ask your neighbors.

Imagine you received your salary in Bitcoin from 2015 until today, and you used it for your everyday life/family expenses. Do you think you would have gained or lost? Think about it.
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December 04, 2019, 10:10:35 AM

SBR (sportsbookreview) which is the bible for sports betting, have the following ratings:


Betfair: A




1Xbet: D.
This sportsbook is in the blacklist:





[...] otherwise on a 2000 EUR payout I would be credited 1950 EUR, you basically lost 2.5% of your salary within 60 minutes just because of Bitcoin network.

I shouldn't be replying to this, but couldn't resist...

So, you're worried that you lost 2.5% of your salary in 60 minutes? Do you really think this matters? Check your balance in a couple of years and tell me then how much you've lost...

I bought my first Bitcoin at $200 from a Bitcoin ATM in 2015. The moment it arrived in my wallet, the balance was $178 (11% loss). I should have felt so sad and cheated, right? 11% loss in 10 minutes! Wow!

As of now, one Bitcoin is worth around $7200. That's 3500% (or 35x) gain in 4 years. Go find a bank or other investment that can beat that.

Enough said. HoDL.

What if you need your salary right away? Most people do. You can live in a bubble I am afraid.

Most people when withdrawing a salary will need it to pay for their rent, the wife expenses, etc. You invest long term and you believe everyone do the same, the average Joe does the same, etc...    But the average Joe spends his monthly salary, ask your neighbors.

Imagine you received your salary in Bitcoin from 2015 until today, and you used it for your everyday life/family expenses. Do you think you would have gained or lost? Think about it.

You missed the point of my post but no big deal, you have one of the best username around  Tongue
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December 04, 2019, 10:15:18 AM

Regarding the value bet (not the long term bet with LFC), here is the market at the moment:




Interestingly there is a very big stake layed at 1.39 last week. Noticed this and thought the odds would go up but it was fully matched at 1.39.





The bet looks like almost a lock at this point as BTC price has been quite stable since the drop from 8.5k to 6.5k...
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December 04, 2019, 11:10:20 AM

Bossian, that bet looks sure to be a guarantee there but you never quite know with bitcoin. The beast is sometimes very unpredictable, I wouldn’t bet on price brackets with large amounts myself, the risk of getting burnt is too much.
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December 04, 2019, 11:31:43 AM




https://twitter.com/whale_alert/status/1202176928482021377
https://twitter.com/whale_alert/status/1202154576226537474

mmmmmmmmmmmmmmmmmmmm, More whaling movements.
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December 04, 2019, 11:57:17 AM

I think most of these transfers are betweed addresses of the exchanges even if some are not known for sure. For example, what whale will buy at bittrex with so small volume compared to the other main exchanges? It will take weeks to accumulate on that exchange provided he is the only buyer. But of course, such "whale" activities are good for twitter FUD  Grin There are still many morons who sell at such "news".
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