Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 11111. (Read 26729373 times)

let us go again THX

I second it. His technical points are well taken. I haven't seen the real answer besides that answers would be provided in due time.
Personally, I am fully on btc team as the only fork coins I ever had came from forks, not by buying.

That said, I wished that we would be a bit farther along in LN and possibly in LN onboarding.
two points that he (jbreher) contends: fees are bound to go sky high and LN cannot onboard all earthlings if every on-boarding event is a single on-block tx (not batched).
While we were largely not looking, next block fees went up to $1 (from 2c in Jan).
It is still OK for largish tx, but makes little sense when you need to stitch together many UTXO (consolidate, as miners do).
I also don't like dismissive attitudes of someone's position when this position is clearly articulated.
Instead of calling names, provide an argument.

And the fair value of Bcash?? LoL

Crypto Bull Tom Lee: “The Fair Value of Bitcoin Right Now is $14,000”

Ever-the-optimist when it comes to crypto, Tom Lee has stated that he thinks a fair price for Bitcoin is $14,000. He bases this opinion on the cost to mine a Bitcoin and what he considers a traditional markup on commodities.

The managing partner and head of research at Fundstrat Global Advisors also stated that the ongoing bear market of 2018/19 was over. He believes that infrastructure developments and the accumulation of Bitcoin by so-called whales is behind the change in price trends seen thus far in 2019.

https://www.newsbtc.com/2019/04/04/crypto-lee-bitcoin-14000/

You can consider it likely if you want. But I am not paid for my advocacy of Bitcoins in any flavor, be it SV, BCH, or BTC. Meantime, half of y'all are whoring out your reputations to shill some crap product in y'all's sigs. Imagine the irony.

My eye..quack.


I buy high and sell low dont you see? It is a Wall required course.

Stop fretting, jojo. 

Bob is a self-proclaimed "power top," so you are in good hands, because of purported experientially speaking. 

Can we just not let the arguing with jbreher polarize sides as if there was no middle more reasonable field?

Bitcoin is scaling the right way. But that doesn't mean it won't have a moderate and reasonable block size increase in the (near?) future.

L2 is the way to go, but block size will also need some (linear, not exponential as that's what L2 is for) capacity upgrade sometime.

OKEx:Bitcoin Is 'not Cash' but Functionally Superior to Gold

The management at OKEx, a Hong Kong-headquartered digital asset exchange, have published a blog post in which they argue that Bitcoin (BTC) “might serve better as a store-of-value (SoV).”

https://www.cryptoglobe.com/latest/2019/04/okex-bitcoin-is-not-cash-but-functionally-superior-to-gold/

 

Bitcoin don't no need additional plan, especially by some dumb dumb like me (or even you or even Gavin Andresen) trying to outline some kind of future projection about some kind of ideal route forward.. blah blah blah..  because there is nothing broken about bitcoin, even if no additional changes were to happen, and there are market forces in bitcoin, incentives in place, fees adjust and scaling developments as we go.  

Take your technical speculation mumbo jumbo (I am smarter than you technically) phoney baloney to some technical thread, and argue with those technical peeps that know and care about those kinds of things, because bitcoin gives no shits about what I think about its plan in regards to technicalities or lack of a plan in that direction... because I doesn't know nuttin about exactly how everything is going to play out.. except that I know technically knowing folks have been lording over technical nonsense for years about how bitcoin is broken, that is why we have 2,000 shit coins that make bitcoin better on a technical level, yet bitcoin seems to be doing quite well to adjust as she goes.. rather than getting broken with some dumbass BIG blocker emergency "technical" upgrade that does not need to happen because it costs more than it benefits to implement 20 lanes when, so far, we have a 2 lane town.. but we have enough room to add the other 18 lanes later.. perhaps, 2 lanes or 4 lanes at a time rather than all at once when they are NOT needed except based on unsubstantiated technical speculations like you spout out on a regular basis.

Said another way, there is nuttin broken in bitcoin, so stop trying to assume facts that are not in evidence...

bitcoin has been scaling with the increases in usage, and it is likely to continue to accomplish such.

"Go bitcoin go... "

As some "moar reasonable than you" peeps like to say.  

Yup, that's more like it.

Also, what he isn't probably telling is that even if she put some BTC (probably an oversized amount for higher margin) as collateral, he also proved his net worth to the bank. And banks make you sign that even if you stop paying the mortgage and the collateral (the home, the btc, etc) is insufficient, they can go against the rest of your net worth... present and future.

So it is just a publicity stunt. I would like to see some guy with 0 IRL net worth, no income, no anything, but just some BTC stash to get a mortgage using it as the sole collateral (and without being a highly oversized amount of it).

I think that he is just attempting to be an "innovator" in terms of using bitcoin supporting systems.   He is a self-proclaimed "angel" investor, but he is also known to frequently tend towards acting like a  "drama queen."

"Bitcoin price by the 210,000 block halving cycles"

https://twitter.com/ChartsBtc/status/1113855239881252864

Testing support at the 0.236 fib
D

#stronghands

A time tested, very reliable TA indicator to watch is the daily 200 moving average. If price does not hold $4600 we are back in a trading range. If price tests $4600 and holds there is a chance we are in the beginning of a new bull market. Many momentum traders wait until the 50 MA crosses over the 200 MA to go long. That confirms the new bull market. They may miss out on some profits but the risk is lower and you can set stops tighter.

I bought earlier at over $5,000 
Long term it doesn’t matter as I HODL for dear life but annoying in the short term to buy at a loss now

No way, Jose!!!!

We should expect a broad range of possibilities, but we are NOT thinking or acting prudently nor reasonable if we expect everything/anything.  That is way too sloppy of an approach.

In other words, some events and outcomes are more likely than others, and we should mostly be betting and preparing for the more likely outcomes within a broad range and including unknowns and unexpected, while not at the same time taking dumb-ass actions, like roach for example, preparing 95% for an Armageddon scenario that has less than a 2 % chance of happening.. In other words (am I running out of "other words" yet?), We should not be putting 95% preparations into less than 2% scenarios, even if it might be within more reasonable acceptance to put 0% to 10%  preparations into less than 2% scenarios (individual variance of course in terms of risk tolerance and hedging comfort levels).