Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 15600.

jbreher

legendary

Activity: 3080

Merit: 1688

lose: unfind ... loose: untight

Quote from: Dharnchuks on December 05, 2017, 07:01:16 PM

How does paper wallet work?

Determine your private key. Write it down on a piece of paper. Done.

It'll 'work' for as long as you keep it hidden from prying eyes, and are still able to read what is written on the paper.

The term has been generalized to convey the concept of affixing a private key - in visible alphanumeric form - upon any tangible medium by any means (e.g., stamped into metal).

jojo69

legendary

Activity: 3374

Merit: 4738

diamond-handed zealot

fucking governments dude...who do they think they are?

HairyMaclairy

legendary

Activity: 1442

Merit: 2282

Degenerate bull hatter & Bitcoin monotheist

Quote from: LewisPirenne on December 05, 2017, 07:06:02 PM

Those Koreans are crazy now at almost 1.5 mio BTC/KRW, i.e. close to 14K BTC/USD on Bithumb. BTC/JPY also made a new high near 1.45 mio BTC/JPY on Bitflyer.

I looked into opening a Korean bank account yesterday to run arbitrage. You have to be in country and it looks like they have forex controls which limit the amount of fiat you can take out of the country. Serious pain in the ass. Helps to explain the popularity of Bitcoin and the price spread.

Good point re IRS.

explorer

legendary

Activity: 2016

Merit: 1259

Quote from: HairyMaclairy on December 05, 2017, 07:21:32 PM

Quote from: Torque on December 05, 2017, 07:10:57 PM

Quote from: JimboToronto on December 05, 2017, 06:52:30 PM

I needed a little cash in a hurry so I bought $5000CAD at the local ATM.

You can get that much out of an ATM in Canada? Huh

On another topic, Coinbase stopped reporting exactly how many accounts are being created monthly. Now their webpage just says "10M+ customers served" Which is like bullshit because they were just at 12.4M. Smells fishy, like they are trying to hide something.

That’s helpful information. We can assume that Coinbase is not reporting the numbers because they are not favourable (they would shout them from the rooftops if they were setting new records). I interpret that to mean the adoption surge is slowing, at least in the US. This would be a short term bearish indicator.

They've also just been in the news with the IRS fight. That could dampen enthusiasm for their brand...Briefly.

add:

There's also no denying the smell of old fish is off-putting...

sirazimuth

legendary

Activity: 3388

Merit: 3514

born once atheist

Quote from: Dharnchuks on December 05, 2017, 07:01:16 PM

Quote from: JimboToronto on December 05, 2017, 06:52:30 PM

Ugh. I feel like such a loser. I just swept a paper wallet with 0.4BTC in it.

I needed a little cash in a hurry so I bought $5000CAD at the local ATM.

Phuque I hate spending any of my precious coins but I guess if I had to do it, today was as good a time as any. Unfortunately, the sell rate was up so I only got a little over $14k per coin including fees.

I guess I shouldn't bitch though. I still made over 50% profit over what I paid in November. That's the beauty of buying the dip. If you have to sell, it's pretty much guaranteed to be at a profit.

Hopefully I'll get to buy it back soon.

How does paper wallet work? Just hearing of it for the first time.

you can make one here

myself I just like hovering around and making patterns on the screen Cheesy

then you get a private key!...that's the easy part...
securely funding it?....well that's the hard part....I never got that far.....

HairyMaclairy

legendary

Activity: 1442

Merit: 2282

Degenerate bull hatter & Bitcoin monotheist

Quote from: Torque on December 05, 2017, 07:10:57 PM

Quote from: JimboToronto on December 05, 2017, 06:52:30 PM

I needed a little cash in a hurry so I bought $5000CAD at the local ATM.

You can get that much out of an ATM in Canada? Huh

On another topic, Coinbase stopped reporting exactly how many accounts are being created monthly. Now their webpage just says "10M+ customers served" Which is like bullshit because they were just at 12.4M. Smells fishy, like they are trying to hide something.

That’s helpful information. We can assume that Coinbase is not reporting the numbers because they are not favourable (they would shout them from the rooftops if they were setting new records). I interpret that to mean the adoption surge is slowing, at least in the US. This would be a short term bearish indicator.

explorer

legendary

Activity: 2016

Merit: 1259

Quote from: Torque on December 05, 2017, 07:10:57 PM

Quote from: JimboToronto on December 05, 2017, 06:52:30 PM

I needed a little cash in a hurry so I bought $5000CAD at the local ATM.

You can get that much out of an ATM in Canada? Huh

On another topic, Coinbase stopped reporting exactly how many accounts are being created monthly. Now their webpage just says "10M+ customers served" Which is like bullshit because they were just at 12.4M. Smells fishy, like they are trying to hide something.

5000CAD is probably not as much as you think Cheesy

10M+ served... I think you smell the McFish burger, or whatever the fuck they call it.

Torque

legendary

Activity: 3780

Merit: 5429

Quote from: JimboToronto on December 05, 2017, 06:52:30 PM

I needed a little cash in a hurry so I bought $5000CAD at the local ATM.

You can get that much out of an ATM in Canada? Huh

On another topic, Coinbase stopped reporting exactly how many accounts are being created monthly. Now their webpage just says "10M+ customers served" Which is like bullshit because they were just at 12.4M. Smells fishy, like they are trying to hide something.

LewisPirenne

full member

Activity: 140

Merit: 100

Those Koreans are crazy now at almost 1.5 mio BTC/KRW, i.e. close to 14K BTC/USD on Bithumb. BTC/JPY also made a new high near 1.45 mio BTC/JPY on Bitflyer.

Dharnchuks

newbie

Activity: 12

Merit: 0

Quote from: JimboToronto on December 05, 2017, 06:52:30 PM

Ugh. I feel like such a loser. I just swept a paper wallet with 0.4BTC in it.

I needed a little cash in a hurry so I bought $5000CAD at the local ATM.

Phuque I hate spending any of my precious coins but I guess if I had to do it, today was as good a time as any. Unfortunately, the sell rate was up so I only got a little over $14k per coin including fees.

I guess I shouldn't bitch though. I still made over 50% profit over what I paid in November. That's the beauty of buying the dip. If you have to sell, it's pretty much guaranteed to be at a profit.

Hopefully I'll get to buy it back soon.

How does paper wallet work? Just hearing of it for the first time.

BlindMayorBitcorn

legendary

Activity: 1260

Merit: 1116

Quote from: ?? on ??

Quote from: BlindMayorBitcorn on December 05, 2017, 06:54:26 PM

Quote from: JimboToronto on December 05, 2017, 06:52:30 PM

Ugh. I feel like such a loser. I just swept a paper wallet with 0.4BTC in it.
I needed a little cash in a hurry so I bought $5000CAD at the local ATM.
Phuque I hate spending any of my precious coins but I guess if I had to do it, today was as good a time as any. Unfortunately, the sell rate was up so I only got a little over $14k per coin including fees.
Hopefully I'll get to buy it back soon.

Jimbo sodl! epic!

Bitcoin is dead.

BlindMayorBitcorn

legendary

Activity: 1260

Merit: 1116

Quote from: JimboToronto on December 05, 2017, 06:52:30 PM

Ugh. I feel like such a loser. I just swept a paper wallet with 0.4BTC in it.

I needed a little cash in a hurry so I bought $5000CAD at the local ATM.

Phuque I hate spending any of my precious coins but I guess if I had to do it, today was as good a time as any. Unfortunately, the sell rate was up so I only got a little over $14k per coin including fees.

Hopefully I'll get to buy it back soon.

Jimbo sodl! epic!

JimboToronto

legendary

Activity: 4200

Merit: 4887

You're never too old to think young.

Ugh. I feel like such a loser. I just swept a paper wallet with 0.4BTC in it.

I needed a little cash in a hurry so I bought $5000CAD at the local ATM.

Phuque I hate spending any of my precious coins but I guess if I had to do it, today was as good a time as any. Unfortunately, the sell rate was up so I only got a little over $14k per coin including fees.

I guess I shouldn't bitch though. I still made over 50% profit over what I paid in November. That's the beauty of buying the dip. If you have to sell, it's pretty much guaranteed to be at a profit.

Hopefully I'll get to buy it back soon.

jbreher

legendary

Activity: 3080

Merit: 1688

lose: unfind ... loose: untight

Quote from: Ibian on December 05, 2017, 06:03:14 PM

Anyone know if you can trade on gdax without a coinbase account? Cause I don't wanna set up anything coinbase.

Request is ... straaaange.

I don't know.

GDAX _is_ Coinbase. Just another view thereof.

explorer

legendary

Activity: 2016

Merit: 1259

Quote from: cmacwuz on December 05, 2017, 03:38:50 PM

Quote from: cAPSLOCK on December 05, 2017, 03:32:31 PM

Quote from: Punisher13142 on December 05, 2017, 02:52:35 PM

Quote from: Rosewater Foundation on December 05, 2017, 02:43:06 PM

Quote from: cAPSLOCK on December 05, 2017, 02:39:59 PM

Quote from: Rosewater Foundation on December 04, 2017, 08:22:51 PM

A big short is forming..?
https://www.bloomberg.com/news/articles/2017-12-04/the-next-big-short-hedge-funds-prepare-to-trade-against-bitcoin

spooked
again

Are you feeling any better about this? The more I think about it the more it worries me...

Nope. There will be tears. But what can you do?

But these turds need tu buy a shitload of BTC first before shorting for a big fall, or i am wrong? If i am right, price has to be pumped as hell first before that.

Someone sure as hell flooded the market with new money between the time he called bitcoin a fraud, and now that his company is calling it the "New Gold".

Let's say you had access to billions of investment dollars... And you want to open a lot of short positions say... oh I dunno... December 10th? What would you do with bitcoin between august and then... and then what would you do right after Dec 10?

I'm hoping Goldman and JP duke it out in a fit of greed. Like JP is all set for their manufactured market crash, then Goldman or Fidelity just decides game on bitch and pumps that shit. See, now BTC is the 24/7 financial arena for the old world to battle with.

You got to wonder would old financial giants see clearly and put differences aside, unite, and sling a rock at the young but growing Goliath? Or will they claw at each other?

More than likey they are all cannibalistic sociopaths. They've been circling each other with smiles forever, Bears eating salmon in the river... or smaller Bears, if they get too close.

Rosewater Foundation

sr. member

Activity: 392

Merit: 254

Quote from: ragnar0k on December 05, 2017, 06:28:34 PM

Quote from: gentlemand on December 05, 2017, 06:20:30 PM

Quote from: Ibian on December 05, 2017, 06:10:37 PM

Also nobody is really excited. I mean, I don't know what it would take for me at this point. Another tenfold rise maybe?

Us oldies don't count. It's them noob emotions you have to keep an eye on.

I've seen way more seniors than us noobs bearing around lately!

We've seen things you can only imagine. Lips sealed

jbreher

legendary

Activity: 3080

Merit: 1688

lose: unfind ... loose: untight

Quote from: BTCMILLIONAIRE on December 05, 2017, 04:22:35 PM

Quote from: jbreher on December 05, 2017, 03:19:51 PM

Quote from: BTCMILLIONAIRE on December 05, 2017, 03:13:46 PM

Quote from: jbreher on December 05, 2017, 03:12:39 PM

Quote from: Ludwig Von on December 05, 2017, 02:34:24 PM

Quote from: JimboToronto on December 05, 2017, 02:31:32 PM

I just checked Coinmarketcap and they say it's over 10kEUR. Bitcoinaverage, whom I trust more, say it's only 9990EUR.

Do we consider this landmark reached?

Well, average has crossed a few times, but both Kraken and Stamp not yet. So for me, the landmark is not reached yet.

I think that there is a natural tendency for humans to 'cash out' at human-friendly prices. So I expect a fair amount of ~~hodl~~ > sodl at 10K Euro. Accordingly, perhaps the relevant question is not when we reach 10K, but rather when we leave it in the rearview.

Aren't you supposed to be a bear?

Said who? You need to quit stereotyping ~~people~~ animals. If you don't it'll turn you into a social pariah someday.

Your bench selfie. Or are you one of those genderfluid unicorns? Tongue

No. Just extremely hirsute. If you had any sort of inkling the ostracism I've had to deal with due to simple vagaries of divergent genetics, you'd likely change your tune. If you have either a heart or a brain, that is.

ragnar0k

full member

Activity: 154

Merit: 101

Quote from: gentlemand on December 05, 2017, 06:20:30 PM

Quote from: Ibian on December 05, 2017, 06:10:37 PM

Also nobody is really excited. I mean, I don't know what it would take for me at this point. Another tenfold rise maybe?

Us oldies don't count. It's them noob emotions you have to keep an eye on.

I've seen way more seniors than us noobs bearing around lately!

gentlemand

legendary

Activity: 2604

Merit: 3056

Welt Am Draht

Quote from: Ibian on December 05, 2017, 06:10:37 PM

Also nobody is really excited. I mean, I don't know what it would take for me at this point. Another tenfold rise maybe?

Us oldies don't count. It's them noob emotions you have to keep an eye on.

Ibian

legendary

Activity: 2268

Merit: 1278

Quote from: Torque on December 05, 2017, 06:05:47 PM

Quote from: JayJuanGee on December 05, 2017, 05:36:31 PM

Quote from: Torque on December 05, 2017, 10:14:03 AM

Real question:

Would anyone here really be that sad if by Dec 2018 we were only at say, $12-13k?

Are people's expectations getting ridiculous now considering the hella run up we had this year?

What if we were around $5k by the end of 2018? The long termers should still be good, no? The ones who bought later, might be scrambling a bit, unless they already planned for various possibilities, including downwards.

Even $5k is not seeming too likely, but if we go shooting up to $18k or something like that, we could thereafter correct 80% or something like that and hover around those territories for a decent amount of time, no? 80% off of $18k would be in the $3600 arena, which even though extreme, does not seem unreasonable or outside of reasonable exuberant market movements, no?

Yeah we could see that. I guess anything is possible. But usually when everyone is expecting something to happen, it never happens.

I'm also not seeing the same kind of crazy daily if not hourly volatility that directly preceded the market top in Nov 2013. So that makes me think that we aren't there yet.

Also nobody is really excited. I mean, I don't know what it would take for me at this point. Another tenfold rise maybe?

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 15600. (Read 26611317 times)