Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 19930.

aztecminer

legendary

Activity: 1092

Merit: 1000

Quote from: marcus_of_augustus on December 09, 2015, 02:55:59 PM

sold out bulls still waiting for 2XX coins will be sitting here twiddling thumbs at 450 waiting for 3XX coins ... same old, same old ( I used to be one of those guys and it sucks)

nope.. still refusing to buy..that money go into metals. i wont buy above 300. too risky ..

peonminer

hero member

Activity: 798

Merit: 531

Crypto is King.

We all know what happened last time Adam trusted the monkey. Cheesy

aztecminer

legendary

Activity: 1092

Merit: 1000

Quote from: billyjoeallen on December 09, 2015, 12:15:39 PM

Quote from: chesthing on December 09, 2015, 12:00:49 PM

Quote from: billyjoeallen on December 09, 2015, 11:59:25 AM

On BFX, it's almost as if someone pumped ~$5,000,000 to $10,000,000, just to gain a quick 5% and then dumped again.

A successful P&D like that is likely to be repeated, but the question is will it be for a higher buy in price, lower, or the same?

I think it's likely that it was for considerably more money and performed on multiple exchanges simultaneously. or it could just be the sum of many players acting independently. It's fun to think about.

Well, since you were threatening to do this with your 6 figures of bitcorns, I'd say you are a likely suspect.

No no no. I have a tradeable balance of over $100,000. But even that is with max leverage. I'm only playing with ~1 years salary. The bulk of my holdings are in cold storage. I WISH it was me. That would have been quite a windfall.

you should diversify into metals. i'm not buying bitcoins at these inflated higher prices. it is too risky for me. even with the us govy behind it cuz the dollar is still on its deathbed. they are fronting like they are in control. its like the catastrophes, you have to cover your own ass. relying on bitcoin is probably not a great strategy imo. especially with the unresolved issues that bitcoin is facing. might be able to make some fiat though if buy bitcoins at this risky higher prices. i'm not sure the risk is worth it to gain more fiat through bitcoins when can get more fiat through other means and buy metals at suppressed cheap prices and HODL them. the reason to buy the metals is because the us govy doesnt want us to buy metals. keep your eyes on the money on the exchange!

Fatman3001

legendary

Activity: 1554

Merit: 1014

Make Bitcoin glow with ENIAC

Quote from: aminorex on December 09, 2015, 03:15:08 PM

Monkey vision: Drop towards 390 support intraday, rising trend to continue thereafter on a daily basis, and over the weekend.

You know this is wrong

nioc

legendary

Activity: 1624

Merit: 1008

It's official, we are not going below 400 today Grin

aminorex

legendary

Activity: 1596

Merit: 1030

Sine secretum non libertas

Monkey vision: Drop towards 390 support intraday, rising trend to continue thereafter on a daily basis, and over the weekend.

jbreher

legendary

Activity: 3080

Merit: 1688

lose: unfind ... loose: untight

Quote from: JayJuanGee on December 09, 2015, 02:53:41 PM

And? What's the problem?

Is BTC's security undermined?

Are the odds of double spends increased?

Is there some other kind of vulnerability for malicious players to exploit?

Under Segregated witness, isn't all of the accounting going to be reconciled within a relatively short period of time? It's not like segregated witness causes ongoing unresolved transactions. Is it?

And. Perhaps many. Maybe. I think so. Yes, see link below. I don't know how long. I think the answer is that it does.

Rather than reiterate, I point you here: https://bitcointalksearch.org/topic/m.13197163

Maybe my fears are unjustified. I don't yet know enough about it to know. What I do know is that I don't trust that all those crowing about how this SegWit is going to save us have really looked at it to the point where they understand it.

ChartBuddy

legendary

Activity: 2380

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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ

Coin

Explanation

marcus_of_augustus

legendary

Activity: 3920

Merit: 2349

Eadem mutata resurgo

sold out bulls still waiting for 2XX coins will be sitting here twiddling thumbs at 450 waiting for 3XX coins ... same old, same old ( I used to be one of those guys and it sucks)

JayJuanGee

legendary

Activity: 3920

Merit: 11299

Self-Custody is a right. Say no to"Non-custodial"

Quote from: jbreher on December 09, 2015, 02:42:28 PM

Quote from: peonminer on December 09, 2015, 12:19:09 PM

Quote from: BlindMayorBitcorn on December 09, 2015, 12:15:59 PM

Hello there,

Gavin Andresen has just published a new article: Segregated Witness is cool

BULLISH!!!

TL;DR recap:

Quote

So… how does all of this help with the one megabyte block size limit?

Well, once all the details are worked out, and the soft or hard fork is past, and a significant fraction of transactions are spending segregated witness-locked outputs… more transactions will fit into the 1 megabyte hard limit. For example, the simplest possible one-input, one-output segregated witness transaction would be about 90 bytes of transaction data plus 80 or so bytes of signature– only those 90 bytes need to squeeze into the one megabyte block, instead of 170 bytes. More complicated multi-signature transactions save even more.

Looks like they're working to double the transaction limits of a block, without a hard fork! This could spell a lot of good news for the every day commerce of BTCitcoin.

Yeah - it's a neat accounting trick. Split the block into the signature, and everything else. Call the 'everything else' the newblock. Put only newblock on the blockchain. Make a new data structure out of the signatures. Sweep under the rug the fact that the blocks are meaningless without the signatures. Ignore the fact that trustless use of bitcoin requires knowledge of, and maintenance of, both the newblockchain and the signature tree - now ever-so-slightly _larger_ than the old blockchain. Pretend you've done something about scalability. Profit!

I must be missing something. Everyone else seems to luuurve The New Hotness.

And? What's the problem?

Is BTC's security undermined?

Are the odds of double spends increased?

Is there some other kind of vulnerability for malicious players to exploit?

Under Segregated witness, isn't all of the accounting going to be reconciled within a relatively short period of time? It's not like segregated witness causes ongoing unresolved transactions. Is it?

marcus_of_augustus

legendary

Activity: 3920

Merit: 2349

Eadem mutata resurgo

Quote from: chesthing on December 09, 2015, 12:27:57 PM

Warning: I bought back at $402, probable crash incoming because my luck is usually terrible.

no, you'll do fine. Anyone buying the dips since late August has been doing well. This is a simple bull market to play now ... buy the dips.

jbreher

legendary

Activity: 3080

Merit: 1688

lose: unfind ... loose: untight

Quote from: peonminer on December 09, 2015, 12:19:09 PM

Quote from: BlindMayorBitcorn on December 09, 2015, 12:15:59 PM

Hello there,

Gavin Andresen has just published a new article: Segregated Witness is cool

BULLISH!!!

TL;DR recap:

Quote

So… how does all of this help with the one megabyte block size limit?

Well, once all the details are worked out, and the soft or hard fork is past, and a significant fraction of transactions are spending segregated witness-locked outputs… more transactions will fit into the 1 megabyte hard limit. For example, the simplest possible one-input, one-output segregated witness transaction would be about 90 bytes of transaction data plus 80 or so bytes of signature– only those 90 bytes need to squeeze into the one megabyte block, instead of 170 bytes. More complicated multi-signature transactions save even more.

Looks like they're working to double the transaction limits of a block, without a hard fork! This could spell a lot of good news for the every day commerce of BTCitcoin.

Yeah - it's a neat accounting trick. Split the block into the signature, and everything else. Call the 'everything else' the newblock. Put only newblock on the blockchain. Make a new data structure out of the signatures. Sweep under the rug the fact that the blocks are meaningless without the signatures. Ignore the fact that trustless use of bitcoin requires knowledge of, and maintenance of, both the newblockchain and the signature tree - now ever-so-slightly _larger_ than the old blockchain. Pretend you've done something about scalability. Profit!

I must be missing something. Everyone else seems to luuurve The New Hotness.

inca

legendary

Activity: 1176

Merit: 1000

Quote from: bitebits on December 09, 2015, 02:14:59 PM

Quote from: tupelo on December 09, 2015, 02:00:00 PM

I was honestly surprised that the alleged identification of 'Satoshi' did not cause a significant price drop

Can you explain your thought process why it would?

The same mechanism as satoshi's early coins moving - the unfounded fear of a large market sell would push weak traders to immediately sell their coins.

600watt

legendary

Activity: 2338

Merit: 2106

Quote from: Spaceman_Spiff on December 09, 2015, 01:01:23 PM

Quote from: Tzupy on December 09, 2015, 12:58:59 PM

Quote from: ?? on ??

Quote from: chesthing on December 09, 2015, 12:46:10 PM

Quote from: rokkyroad on December 09, 2015, 12:29:24 PM

Quote from: chesthing on December 09, 2015, 12:27:57 PM

Warning: I bought back at $402, probable crash incoming because my luck is usually terrible.

Sweet! Wished I could have caught 402.

Gotta set your buys before the price goes there, Pretty damn hard to catch falling knives.

You got that right. I'm up so I'm not complaining. I'm normally 2 bucks under the lows and miss em.

You are not the only one... Wink

I had a small buy order around 404.5 ..... Grin

.... but on Finex Cry

should have used stamp

bitebits

legendary

Activity: 2242

Merit: 3523

Flippin' burgers since 1163.

Quote from: tupelo on December 09, 2015, 02:00:00 PM

I was honestly surprised that the alleged identification of 'Satoshi' did not cause a significant price drop

Can you explain your thought process why it would?

soullyG

hero member

Activity: 1011

Merit: 721

Decentralize everything

@Richy_T ChartBuddy's halvening countdown is busted again Cry

Fatman3001

legendary

Activity: 1554

Merit: 1014

Make Bitcoin glow with ENIAC

Quote from: WeltMaster on December 09, 2015, 02:06:27 PM

post music that gets you HYPE for bitcoin taking over the world

https://www.youtube.com/watch?v=VoaUYcwEpSw

https://www.youtube.com/watch?v=24DYL83cq54

Ehhh.... I meant:

https://www.youtube.com/watch?v=Rr8ljRgcJNM

billyjoeallen

legendary

Activity: 1106

Merit: 1007

Hide your women

Zerohedge has an article on the "stealth devaluation" of the Renmimbi. Reportedly at its lowest value since 2011. It might have something to do with the China pump. I don't see what makes an extremely volatile inflation hedge so attractive, but hey, I don't know what their other options are.

WeltMaster

sr. member

Activity: 437

Merit: 250