Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 18135. (Read 26609601 times)

I don't mind your "elitist logic"   because I think that is a fair point about the stupidity of warriors, sometimes.

Of course, I am stating a belief about the dynamics of this situation that is somewhat different from the dynamics that cause people to fight to the death in wars... but yeah, there may be some parallels between war and this big block stance?   I am not putting all my eggs in any one basket, but I am considering that it is more possible for seg wit to get activated than not.


Sure, frequently in wars there can be some kind of self identity and even commitment to your fellow troops. Sure there could be some similar dynamics going on with miners and pools getting these kinds of feelings about wanting to win in spite of logic, but I do think that the economics are likely going to continue to be more dominant forces that are going to cause folks (miners) to peel off.... and sure I am exercising a kind of faith that economics is likely going to prevail to cause folks to not align with ideological stupidity.  

And maybe it is just a kind of question regarding who blinks first.. and my inclination is to think that there is not really enough there, there to be keep arguing over nonsensical big blocks, big blocks, big blocks... when that lost a long time ago,.... .  And, it's just dumb to be persisting with ongoing dumbness and tried and true failed logic..  Sure we got folks like Roger Ver and Gavin Andresen spouting off some of the nonsense about big blocks, but even between those two there is not really unity because Gavin seems to recognize the practicality of seg wit.  Sure, Roger talks nonsense, seems to have some pride in this battle and has a lot of BTC to throw around, but in the end, he is talking politics and not technicalities when he is spouting off about the supposed better direction of big blocks, big blocks, big blocks.

We don't need you elitist logic.

MAKE BITCOIN GREAT AGAIN!!!!


T -17

Relying on folk to not be stupid doesn't sound like a great formula for success. Forces in war have continued fighting long after it was obvious to everyone they had lost - and they were staking not merely their money but their lives.

What is your assessment of claims like these?


https://www.reddit.com/r/Bitcoin/comment...ce_segwit/

I know that sometimes a lot of us have posted pretty bullish scenarios with the impeding activation of seg wit, yet there remains quite a few folks betting against seg wit going live.  I kind of think that when push comes to shove miners are going to be more practical than to aim at blocking seg wit.

Seg wit should be a fairly non controversial solution, step forward and financial advancement of bitcoin.. but if it does not implement, that would probably be a bit bearish... or at least a bit less bullish.  The article describes scenarios in which it could take a year for seg wit to activate (or never activate, which seems less likely to me).

Not if segwit gets voted on, right away. Popcorn time

I have to admit I'm surprised most of you are still here. Nobody thinks this is the top yet? Really?

MUCH  moar exciteeeeee when dee price b goin  upity.  


And we were so, so close to breaking through $750, too.

I don't expect to make it passed the mid $800s without a couple more corrections..... though I also would not mind being surprised to the contrary...

There just seem to be a lot more shorting tools these days as compared with previous price explosions...

Just doesn't seem like we are going to get a z-cash like 2,000x price spike any time soon... Am I be wrong?

And ... it comes the purge. 

I dont get the people saying that the rally is due to world events and Bitcoin supposedly being a haven asset. All of the other haven assets such as gold are FALLING so it's not that. It's more likely due to Bitcoin specific events like Segwit and Lightning Network.

Did somebody turn the lights out up in here?

This is cause we marked a new high and theres still a lot of room till the expiration of quarterly delivery period. Which means quarterly contracts can easily close at ATH.

Yeah with dangerously finite transactions throughput, bitcoin in its current state might not be something an investment mogul would dream about at nights.

But hey sky is the limit. That said, same as samsung SDI is about to invest billions in backplane transistors tech for OLED and HDR, Trump might drop some into bitcoin sidechain research for example.

Apart from obama he will speak to his pockets in the end of the day. Trump is money not dignity.

more futures contracts at okcoin than maybe ever

BTC soon  2000.

Mark my words

If Trump was a jew he would perfectly fit the image of Habbani clan high-up. All jew families are so fucking united and have their role models coming under heavy pressure from house papa to help their kids and kids of their kids to establish credit and accumulate all money in the world. And maintain family roots. Trump seems to be gathering some ultimate super gang here:



Basically, his kids who will all be elected at some instant of time in the future (mark my words), shills like NY major (always make sure to have a backup when u run into criminal stuff) and billionaire magnate who reportedly donated $ million towards his campaign. There u get the right people  

Will he herald bitcoin industry? I doubt that. More likely manipulate SEC and try to correlate regulatory changes he plans with moves in the major financial markets, according to his and his dudes' trading position. Why? Since he has the allowance, permissions and best informations available to him which is out of reach of normal and institutional participants. About bitcoin, well, not now. In a borderline case, trump might spur two little positive changes:

1. Legitimize etf with SEC.
2. Scrap the bitlicense. Will allow to freely do business with btc in ny, in turn opening the door for overseas capitals.

That would be good.

A pleasant morning to all Bitcoinlanders.

Still scrapping over $750 I see.... $749 to be exact (Bitcoinaverage).

Seems the massive correction was short-lived and we're about where we were last night.

The good news for all the Canucks here is that we're still in quadruple digits... $1006.

Onward and upward. (Sure is nice not to say "sideways".)

This little correction looks like it's desperate to complete.

1 hour chart is only halfway through but price is back on the rise again. The 1-hour momentum is holding it down, constraining it's buoyancy like the anchors on a hot air balloon that's already at full temperature. Looks like it's only 4 or 5 bars away from green-lighting another possible surge.

Peter Thiel getting onto a US presidential transition team is pretty phenomenal. As far as the Bitconi dimension goes it's a bit like "Vatican Magazine" accepting a full page Durex commercial on it's centre page IMO.

Whatever the politics of the situation, I think one characteristic of Trump is that he values practical solutions at least as much, if not more, than ideological objectives. He took to Twitter like a duck to water and I'm sure he'll be equally open minded about the "new monetary frontier".

Ok, thats enough fundamentals for now. Back to wall observing.

Tasty sell wall of 2.8k coins at $752

@molecular, toknormal - thanks for the source of the matroska cup and handle image, I was wondering who created it!

I'm interested to see how closely the price has followed the prediction recently if you feel like making an updated version 

I really don't think Trump cares too much about Bitcoin

He's is trying to fight the world's established power, I think Bitcoin is too insignificant for him to care about

But I think some republicans are favorable to BTC, if my rumors are right