Author

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 14912. (Read 26717091 times)

legendary
Activity: 3794
Merit: 5474

When world famous economic professors are reduced to trolling bitcoin on twitter, surely that's beyond the "then they fight you" stage ?

Isn't this now "then we win" ?


Check this guy's twitter feed. He's obsessed.

Definitely. If an economics professor can't keep his mouth shut about Bitcoin, we've likely already won.

Also, realR0ach will fkn love this:

"The child of Iranian Jews, he [Nouriel Roubini] was born in Turkey and grew up in Italy. After receiving a BA in political economics at Bocconi University, Milan and a doctorate in international economics at Harvard University, he became an academic at Yale and a visiting researcher/advisor at the International Monetary Fund (IMF), the Federal Reserve, World Bank, and Bank of Israel."
legendary
Activity: 1652
Merit: 4393
Be a bank
legendary
Activity: 3962
Merit: 11519
Self-Custody is a right. Say no to"Non-custodial"
Who cares? As long as at least 1 person does some mining, we are fine.

I'm actually looking to pick up at least 1 S9-performance-equivalent miner, just to keep a single system mining for the principle of it, to go along my full node and LN node.

Don't want to support Bitmain.

Doesn't seem I have any other options available to me at this time.

Here's hoping those products out of Japan come online soon, or dare to dream Bitfury ever reconsiders coming back down to earth.


It seems that if you are a decently-sized residential property owner (not that you are fat), then it could be cost efficient to include some likely low cost energy source, whether that is solar or windmills or geothermal, but yeah, if you begin to generate too much energy, then you will be incentivized to add more miners, too.

I recall that there are some folks researching into ways that they can either use the heat or generate some additional electricity from the mining heat by-product.
legendary
Activity: 3066
Merit: 1188

When world famous economic professors are reduced to trolling bitcoin on twitter, surely that's beyond the "then they fight you" stage ?

Isn't this now "then we win" ?



Check this guy's twitter feed. He's obsessed.
legendary
Activity: 2520
Merit: 3038
Where have all the big blockers gone?

Since there are no walls to watch, and price discussion gets boring during sideways skating, let's talk about an issue that I'm afraid will resurface in due time: blockchain spam.

At the moment, the situation is peaceful. Spam has vanished, and tx fees are back to sane levels. There have been several explanations offered for the end of spam, most of which are plausible or have some merit. It might be that it was too costly to sustain the attack. It might be that someone is moving shop. It might be the attackers became afraid to push LN towards success. It might be that Coinbase withdrew support by fixing their unforgivable withdrawal arrangement (either intentionally or simply as a consequence of other choices).

The point is: most of the people on this forum believe they know who the attackers were and why they did it. For the time being, they are defeated. They might or might not have another try at it. I am concerned with a future when some more powerful opponent delivers a spam attack - backed by the full financial power of a small (or large) nation. That could be an expensive way to shut up the bitcoin network, but it can be fairly successful, especially If you can eat up the loss and hide it inside a large budget by slightly cooking the books.

I think we need someoneto come up with a partial solution to the spam problem. My guess is: if such a remedy is ever found (which I'm totally not confident about), it will be a game theory person to deliver it.
legendary
Activity: 1806
Merit: 1828
Where have all the big blockers gone?  

Where is our friend Gab0? Where is Peter R?  Who will lecture us on the burning necessity of big blocks now that they are no longer with us?

Should we start an “adopt a big blocker” program ?

They all had a nervous breakdown, and then through the advice from their families they joined BBLA: Big Blocker Lovers AnonymousTM.

Right now they are all sitting in a circle with CSW, Roger, and Jihan, and going through the denial phase together as they contemplate how R3kt they are that SW and LN are spreading like wildfire. They'll probably jump out the window when Core decides to raise the Bitcoin block size to 2mb.

That circle they are sitting around in is not for support and therapy. They are just a bunch of vultures hoping BTC will die. Unfortunately, for them, Honey Badger won't die.
legendary
Activity: 2758
Merit: 13660
BTC + Crossfit, living life.
Yeah, i hope on my holiday its going to go the other way  Cool



legendary
Activity: 3794
Merit: 5474
Where have all the big blockers gone?  

Where is our friend Gab0? Where is Peter R?  Who will lecture us on the burning necessity of big blocks now that they are no longer with us?

Should we start an “adopt a big blocker” program ?

They all had a nervous breakdown, and then through the advice from their families they joined BBLA: Big Blocker Lovers AnonymousTM.

Right now they are all sitting in a circle with CSW, Roger, and Jihan, and going through the denial phase together as they contemplate how R3kt they are that SW and LN are spreading like wildfire. They'll probably jump out the window when Core decides to raise the Bitcoin block size to 2mb.
legendary
Activity: 1442
Merit: 2282
Degenerate bull hatter & Bitcoin monotheist

Just because a certain exchange is in the lead of a trend does not mean that they are leading the price movement.

Sure.  I would welcome alternative explanations of what is going on in the market because I am trying to puzzle it out.  I am not saying that I am right. 

I was not accusing you of anything like that, but I just wanted to point out some possible misleading inferences in your post language.  And, over the years, several of us have read the kinds of inferences that were frequently made about "china leading" or even skorea leading or Japan, and the lead follow is much more complex than that, and likely changes with time and remains a kind of symbiotic relationship between exchanges with some exchanges having more credibility and pull than others, even if they might not actually lead in trade volume... Bitstamp, for example... has retained decent amount of persuasive power.. even though from time to time, it has gotten out of sync with the prevalent BTC prices, too.

All good points.  

The spread between Gdax and Bitfinex hs started shrinking.  It was as high as $500 and has now dropped to $300.  This suggests that the market has processed the risk of Tether and decided it is not such a big deal after all.  

If the spread keeps shrinking and gets down to say, $100, that would be bullish.
legendary
Activity: 3808
Merit: 7912

Breaking 24777$ prediction game      FINAL LIST       

27/12/2017 bikerleszno Sad
29/12/2018 cAPSLOCK  Sad
30/12/2017 digithusiast Sad
31/12/2017 Raja_MBZ Sad
01/01/2018 elg Sad
02/01/2018 wachtwoord Sad
03/01/2018 JimboToronto Sad
04/01/2018 d_eddie  Sad
05/01/2018 BTCMILLIONAIRE Sad
06/01/2018 HanvanBitcoin Sad
07/01/2018 ghandi Sad
08/01/2018 savetherainforrest Sad
09/01/2018 explorer Sad
10/01/2018 bicoinpsycho Sad
11/01/2018 Bitcoinaire Sad
12/01/2018 speedwheel Sad
13/01/2018 undeadbitcoiner Sad
14/01/2018 northypole Sad
15/01/2018 ivomm Sad
16/01/2018 maca068 Sad
17/01/2018 bitcoinvest Sad
18/01/2018 last of the v8s Sad
19/01/2018 mfort312 Sad
20/01/2018 1982dre Sad
21/01/2018 flamast2 Sad
22/01/2018 RealMachasm Sad
23/01/2018 willope Sad
24/01/2018 kartala Sad
25/01/2018 orpington Sad
26/01/2018 rolling Sad
27/01/2018 LFC_bitcoin Sad
28/01/2018 jojo69 Sad
29/01/2018 CristiTCM
30/01/2018 rayX12
31/01/2018 realsteelboy
01/02/2018 twocorn
02/02/2018 mancroofer
03/02/2018 True Myth
04/02/2018 poolminor
05/02/2018 itod
06/02/2018 scheptan
07/02/2018 vapourminer
08/02/2018 alexeft
09/02/2018 siera
10/02/2018 AlcoHoDL
11/02/2018 Dunkelheit667
12/02/2018 yonton
13/02/2018 Wekkel
14/02/2018 Thekool1s
15/02/2018 starmman
16/02/2018 Globb0
17/02/2018 leveldkrypto
18/02/2018 olesh
19/02/2018 BitCoinBurger
20/02/2018 Paashaas
21/02/2018 flynn
22/02/2018 icygreen
23/02/2018 erisdiscordia
24/02/2018 phil_s
25/02/2018 sirazimuth
26/02/2018 Arriemoller
27/02/2018 yonton
28/02/2018 Muttley
01/03/2018 bones261
02/03/2018 heater
03/03/2018 soullyG
04/03/2018 InvoKing
05/03/2018 Notme
06/03/2018 sa_94
07/03/2018 NUFCrichard
08/03/2018 Imbatman
09/03/2018 Roombot
10/03/2018 STT
11/03/2018 badream
13/03/2018 erre
14/03/2018 julian071
15/03/2018 podyx
17/03/2018 fragout
18/03/2018 fabiorem
21/03/2018 dakustaking76
23/03/2018 nikauforest
31/03/2018 vroom
01/04/2018 somac.
02/04/2018 kurious
04/04/2018 fluidjax
05/04/2018 bitcoinbunny
08/04/2018 tyler1890
10/04/2018 ludwigvon
11/04/2018 hairymaclairy
16/04/2018 practicaldreamer
18/04/2018 free-bit.co.in
27/04/2018 drbrockoin
01/05/2018 sprinkles
02/06/2018 oblox
07/07/2018 IntroVert
03/08/2018 toxic2040
28/08/2018 bitserve
15/10/2018 Yefi
05/11/2018 mikenz
31/12/2018 melman2002
01/01/2019 Spaceman_Spiff_Original
12/02/2019 FractalUniverse
21/04/2019 gentlemand
20/02/2020 romneymoney
18/12/2021 luckygenough56

UPDATE     AND GOOD LUCK          mmmm going on holiday tuesday would be nice on holiday times the price would be going UP then the holiday gets so much nicer Smiley



 When JimoToronto went on vacation, the price tanked... please stay home for our sake.
legendary
Activity: 3962
Merit: 11519
Self-Custody is a right. Say no to"Non-custodial"

Just because a certain exchange is in the lead of a trend does not mean that they are leading the price movement.

Sure.  I would welcome alternative explanations of what is going on in the market because I am trying to puzzle it out.  I am not saying that I am right. 

I was not accusing you of anything like that, but I just wanted to point out some possible misleading inferences in your post language.  And, over the years, several of us have read the kinds of inferences that were frequently made about "china leading" or even skorea leading or Japan, and the lead follow is much more complex than that, and likely changes with time and remains a kind of symbiotic relationship between exchanges with some exchanges having more credibility and pull than others, even if they might not actually lead in trade volume... Bitstamp, for example... has retained decent amount of persuasive power.. even though from time to time, it has gotten out of sync with the prevalent BTC prices, too.
legendary
Activity: 2758
Merit: 13660
BTC + Crossfit, living life.

Breaking 24777$ prediction game      FINAL LIST       

27/12/2017 bikerleszno Sad
29/12/2018 cAPSLOCK  Sad
30/12/2017 digithusiast Sad
31/12/2017 Raja_MBZ Sad
01/01/2018 elg Sad
02/01/2018 wachtwoord Sad
03/01/2018 JimboToronto Sad
04/01/2018 d_eddie  Sad
05/01/2018 BTCMILLIONAIRE Sad
06/01/2018 HanvanBitcoin Sad
07/01/2018 ghandi Sad
08/01/2018 savetherainforrest Sad
09/01/2018 explorer Sad
10/01/2018 bicoinpsycho Sad
11/01/2018 Bitcoinaire Sad
12/01/2018 speedwheel Sad
13/01/2018 undeadbitcoiner Sad
14/01/2018 northypole Sad
15/01/2018 ivomm Sad
16/01/2018 maca068 Sad
17/01/2018 bitcoinvest Sad
18/01/2018 last of the v8s Sad
19/01/2018 mfort312 Sad
20/01/2018 1982dre Sad
21/01/2018 flamast2 Sad
22/01/2018 RealMachasm Sad
23/01/2018 willope Sad
24/01/2018 kartala Sad
25/01/2018 orpington Sad
26/01/2018 rolling Sad
27/01/2018 LFC_bitcoin Sad
28/01/2018 jojo69 Sad
29/01/2018 CristiTCM
30/01/2018 rayX12
31/01/2018 realsteelboy
01/02/2018 twocorn
02/02/2018 mancroofer
03/02/2018 True Myth
04/02/2018 poolminor
05/02/2018 itod
06/02/2018 scheptan
07/02/2018 vapourminer
08/02/2018 alexeft
09/02/2018 siera
10/02/2018 AlcoHoDL
11/02/2018 Dunkelheit667
12/02/2018 yonton
13/02/2018 Wekkel
14/02/2018 Thekool1s
15/02/2018 starmman
16/02/2018 Globb0
17/02/2018 leveldkrypto
18/02/2018 olesh
19/02/2018 BitCoinBurger
20/02/2018 Paashaas
21/02/2018 flynn
22/02/2018 icygreen
23/02/2018 erisdiscordia
24/02/2018 phil_s
25/02/2018 sirazimuth
26/02/2018 Arriemoller
27/02/2018 yonton
28/02/2018 Muttley
01/03/2018 bones261
02/03/2018 heater
03/03/2018 soullyG
04/03/2018 InvoKing
05/03/2018 Notme
06/03/2018 sa_94
07/03/2018 NUFCrichard
08/03/2018 Imbatman
09/03/2018 Roombot
10/03/2018 STT
11/03/2018 badream
13/03/2018 erre
14/03/2018 julian071
15/03/2018 podyx
17/03/2018 fragout
18/03/2018 fabiorem
21/03/2018 dakustaking76
23/03/2018 nikauforest
31/03/2018 vroom
01/04/2018 somac.
02/04/2018 kurious
04/04/2018 fluidjax
05/04/2018 bitcoinbunny
08/04/2018 tyler1890
10/04/2018 ludwigvon
11/04/2018 hairymaclairy
16/04/2018 practicaldreamer
18/04/2018 free-bit.co.in
27/04/2018 drbrockoin
01/05/2018 sprinkles
02/06/2018 oblox
07/07/2018 IntroVert
03/08/2018 toxic2040
28/08/2018 bitserve
15/10/2018 Yefi
05/11/2018 mikenz
31/12/2018 melman2002
01/01/2019 Spaceman_Spiff_Original
12/02/2019 FractalUniverse
21/04/2019 gentlemand
20/02/2020 romneymoney
18/12/2021 luckygenough56

UPDATE     AND GOOD LUCK          mmmm going on holiday tuesday would be nice on holiday times the price would be going UP then the holiday gets so much nicer Smiley

legendary
Activity: 3962
Merit: 11519
Self-Custody is a right. Say no to"Non-custodial"
WTF happened to the mempool? This is not the bitcoin i know. (i kid, i still remember 0 fee tx's)

Fees are as low as 1-10sat/b right now. I mean. What the fuck? https://bitcoinfees.earn.com/

Could it be that those spamming fucktards finally realized if bitcoin goes down they do too?


Didn't I see another post in this thread that gave a pretty decent rationale?  

It seems that the ongoing spamming was costing a pretty decent chunk of change on an ongoing basis, and it was seeming not to pay off, and it was also seeming to have some opposite effects too.  First of all the cost of keeping it going, and second of all it was causing greater financial motivations for the implementation of lightning - which was not a desired outcome.

checks out with what i said 2 messages above.

Now they have no other chance other than being competitive/cheap. Or else LN will destroy them.


We may have to actually wish luck to them.. just as a token of our condolences.
legendary
Activity: 3962
Merit: 11519
Self-Custody is a right. Say no to"Non-custodial"
Where have all the big blockers gone?  

Where is our friend Gab0? Where is Peter R?  Who will lecture us on the burning necessity of big blocks now that they are no longer with us?

Should we start an “adopt a big blocker” program ?


Calling all BIG BLOCKERS.



HELLO??



Are you there?




HELLO?  



Echo,    Echo,






Echo.



I note that we probably should not taunt or invite BIG Blockers, because some of those nutjob Roger Ver(y) supporters might just show up and ruin our MMMMMoooooooo.
full member
Activity: 266
Merit: 222
Deb Rah Von Doom
I dont need anything to go to the moon. Im just sitting here hoping for the arb gab with coinbase to close so i can withdraw... is that too much to ask
legendary
Activity: 1806
Merit: 1828

sometimes I actually wonder if this whole crypto thing is just one mega giant hoax (bigger than the religion one)
perpetrated on the greed of all of humanity by space aliens...


No need for space aliens. It's the Illuminati.
legendary
Activity: 3388
Merit: 3514
born once atheist
Ethereum keeps creeping up and taking over market share. Will ethereun slowly take over bitcoin? Kinda seems like its possible
Just wait till they want to use it for real transactions  Wink

Demand for Cryptokitties is strong bro  Tongue
I hear cryptotitties will overtake it tho? https://www.producthunt.com/upcoming/cryptotitties

sometimes I actually wonder if this whole crypto thing is just one mega giant hoax (bigger than the religion one)
perpetrated on the greed of all of humanity by space aliens...
legendary
Activity: 2520
Merit: 3038
Ethereum keeps creeping up and taking over market share. Will ethereun slowly take over bitcoin? Kinda seems like its possible
Just wait till they want to use it for real transactions  Wink

Demand for Cryptokitties is strong bro  Tongue
I hear cryptotitties will overtake it tho? https://www.producthunt.com/upcoming/cryptotitties
Don't talk titties to me, man. One thing I sorely miss from the everyday ATH season!

On second thought, it's actually a pair of things.
legendary
Activity: 1464
Merit: 1136
Ethereum keeps creeping up and taking over market share. Will ethereun slowly take over bitcoin? Kinda seems like its possible
Just wait till they want to use it for real transactions  Wink

Demand for Cryptokitties is strong bro  Tongue
I hear cryptotitties will overtake it tho? https://www.producthunt.com/upcoming/cryptotitties
legendary
Activity: 3388
Merit: 3514
born once atheist
sideways breakout... well I guess thats good for those with a heart condition...
then again, if you have a heart condition, you sure as hell shouldn't be bitcoining....
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