Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 19374. (Read 26610285 times)

Monkey reports in: Monkey thinks the next week could be uppish, but is generally skeptical out until mid-March, then bullish on the multi-month scale.

This time, I think I agree, but whatevs.

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*Gif powered by Ether**

**Probably

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Explanation

Remember those Sea Monkeys ads in the back of snuff porn mags*?

But when you got them, it turned out they weren't everything you hoped they'd be?

Yeah, I suspect that's how most Bitcoin investors feel about now, finding out Bitcoin ain't the cheapest way to send money anywhere in the world.

Heck, it isn't even money anywhere in the world! Most places are banning it.
Russia, for one, is making it a criminal offense to *accept payment in BTC*
And now Bitcointalk's own, Most Honorable Top Security Level Trust member Pankaj 'escrow.ms' Bhardwaj got popped by the Indian popo for carding, so India's probably next...

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*other magazines might've ran them too. Possibly.

crazy that with all this altcoin-hype bitcoin still manages to creep up slowly but slowly...

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Explanation

Lol.

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Explanation

https://twitter.com/JihanWu/status/697816867876921344



The plot thickens...



Shut up Peter Todd!!!

This is corecoin now. Users are spam. We only want high value clients.

OMG. That would have worked.

The great migration is real!

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Explanation

Bitcoin Difficulty:   144,116,447,847
Estimated Next Difficulty:   180,365,628,987 (+25.15%)
Adjust time:   After 1203 Blocks, About 7.0 days
Hashrate(?):   1,276,081,388 GH/s
Block Generation Time(?):   
1 block: 8.4 minutes
3 blocks: 25.1 minutes
6 blocks: 50.3 minutes

Interesting, If the community accomplish all this, certainly I'll keep a reserve.

If you really have that much money (more than $10k per day) that you anticipate that you may want to inject into the bitcoin ecosystem  on a daily basis, you can send money to various exchanges... Gemini, Bitstamp, Uphold.     Some of them allow free ACH transfers such as Gemini and Uphold, at least for the moment.  Uphold has a $3,000 weekly limit, and I am pretty sure that Gemini has a lot higher limits, maybe even $10k-ish per day? I cannot find that information at the moment.  

I have done the Uphold and Gemini ACH deposits (but I just logged into my Gemini account, and it appears that I am no longer able to make a direct ACH deposit without first providing them with additional identity verification - which seems to be an increase in their verification level).  Actually, with Gemini, I think that they are doing fine and increasing some of their offerings within US regulatory (and consumer protection) requirements, but I became a little disgruntled with them, when a few months ago, I was negatively affected by their reversal of a fat thumb transaction and I complained to no avail (and thereafter removed most of my funds from their exchange).  Anyhow, I think that there are some other fairly safe exchanges that may allow the same kinds of ACH transfers that are either free or nearly free (but I have not checked them all out).

Anyhow, once you have set up other potential free avenues for transferring your money, then you can continue to send dollars to each of them (and maybe even max them out) and wait to buy the BTC.. or you could either buy BTC right away and transfer the BTC to another location and convert back to dollars, or leave the purchased amount of BTC (or the dollars) in the location that you bought/transferred them.  

Especially compared with about 1 or 2 years ago, there seem to be a lot more options of various services to spread out your money and to be able to get passed some limits (although your bank may begin to question your activity, unless you have more than one bank account, which could be another option) to send in a lot of money, especially if you establish multiple accounts, rather than seeming to get all worked up about Circle's low initial limits.  Circle is a lot more tailored and designed for smaller personal uses, which you seem to require more and causes their $3,000 per week (once you wait out the initiation period) to be sufficiently large for a large number of "normal" people (mostly located in the USA from my understanding, but they are working on a larger global presence).    

We all probably already realize that if you, Mr. Aztec, are not trolling us, you are probably also not very "normal."  


Look at me, look at me,  attempting to help out the Mr. Aztec, even though he frequently acts like a little turd.    

Certainly nothing to sneeze at. I'm quite impressed by the choice of Blake-256 hashing algorithm, for instance. It's not vulnerable to many of the numerous security issues facing Merkle-Damgård construction-based hashing algorithms such as Bitcoin's SHA-256, which was recently declared unsafe by NSA & has been worrying me as of late.

How about yourself? Intrigued at all by Decred project being bound by the Decred Constitution on the core principles of finite issuance, privacy, security, fungibility, inclusivity, and progressive development of the technology that keeps these principles together?

Yes, Decred (DCR), not DeltaCredits (DCR) 

Decred, the Bitcoin alternative recently launched by former Bitcoin developers?  The open and progressive cryptocurrency with a system of community-based governance integrated into its blockchain?

Are you seeking my opinion on the layered form of transparent meritocratic governance that extends beyond proof-of-work and proof-of-stake mechanisms to bring forward and represent insider and outsider voices in the community, in particular?

Or would you rather have me opine on its hybridized proof-of-work proof-of-stake consensus system to strike a balance between miners and voters and create a more robust notion of consensus?

Yeah, what you guys think about Decred? And the governance proposal to solve failures pointed out in the model of decisions taken by the Bitcoin community? Sincere and constructive opinions, please.

The most exciting thing about the current ETH bubble is that it hasn't experienced it's first major drop yet. A proper large scale dump can show the true nature of that market. Right now it's risky because it's hard to tell how will the floor hold if something heavy steps on it. With 77mil. coins in existence, that were created in a short time period, there should be several heavy feet that will step forward soon.