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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 31175. (Read 26608230 times)

maz
full member
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Could never trust a man that doesn't wear a decent pair of brogues with his suit anyway.
member
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700 in 1 to 2 hours   Wink
sr. member
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♫ the AM bear who cares ♫
hero member
Activity: 854
Merit: 1000
legendary
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Merit: 1000
Need a campaign manager? PM me
Can someone post IT's happening!! with ron paul

Please no.
legendary
Activity: 1792
Merit: 1047
[…]

0 confirmation transactions work fine!   The risk of a double spend is extremely low for low value transactions.   For high value ones, 6 confirms is vastly faster than a wire transfer, or ACH, or SEPA.  

Getting tired of noobs thinking they know anything . . .

the noobs are numerous

we must be patient and teach them how things work in bitcoin land.

been mining since May 2011. not sure that would be considered a noob.

Yes bitcoin is way too slow for everyday transactions. But some people didn't notice because they don't use it, they stick it in a paper wallet under their bed and that's it.
I've thought this too, and then I thought what tHash thought. Will people really go through the hassle of trying to double-spend transactions worth a couple of dollars, or even hundreds? I have no idea how feasible that is; I assume none of the standard clients will allow it. (My own service works on 0 confirmations, but will revert the subscription if it doesn't get the confirmations. Should be a viable route for many services, I guess – but of course not all.)

I know this is off topic, but there's not much on-topic to say at the moment, is there? Except perhaps… do you think any of the people who sold at 1000–1200 have cashed out any considerable portion? Or is pretty much all the money still in the exchanges? I'm assuming the latter, in which case things could go really fast after 1000 is broken, right?

For online shopping and things like that, the speed is allright. But for direct purchases in "real life" way too slow. I have had 3 double spend so far.

With people who you don't know. Wait for 6 confermations beforehand.
legendary
Activity: 2856
Merit: 1520
Bitcoin Legal Tender Countries: 2 of 206
For online shopping and things like that, the speed is allright. But for direct purchases in "real life" way too slow. I have had 3 double spend so far.

POS should use a payment processor.
hero member
Activity: 854
Merit: 1000
Can someone post IT's happening!! with ron paul
newbie
Activity: 58
Merit: 0
Hey, guys! I have an idea. Lets try to break $1000 for the third time in 36 hrs. Third time's a charm.

Is it just me, or does this guy sound desperate?

Maybe he bought at $1200

Nothing wrong with buying at $1200 Tongue
full member
Activity: 294
Merit: 100
Next 24 hrs prediction: 1000's - 900's - 800's - 900's - 1000's
hero member
Activity: 826
Merit: 501
in defi we trust
Hey, guys! I have an idea. Lets try to break $1000 for the third time in 36 hrs. Third time's a charm.

I'd rather just relax and chill, man.

Funny thing is that most people who can't wait for the break-out to 1000 will be the first to unload at that price.
I have a bad feeling about what will happen in the week before Christmas and the week after.
Wouldn't advise anyone to trade then.
legendary
Activity: 980
Merit: 1000
Need a campaign manager? PM me
Hey, guys! I have an idea. Lets try to break $1000 for the third time in 36 hrs. Third time's a charm.

Is it just me, or does this guy sound desperate?

Maybe he bought at $1200
legendary
Activity: 980
Merit: 1000
Need a campaign manager? PM me
I am feeling bullish. Lets go up!
sr. member
Activity: 336
Merit: 250
♫ the AM bear who cares ♫
Hey, guys! I have an idea. Lets try to break $1000 for the third time in 36 hrs. Third time's a charm.

Is it just me, or does this guy sound desperate?
hero member
Activity: 1302
Merit: 502
Hey, guys! I have an idea. Lets try to break $1000 for the third time in 36 hrs. Third time's a charm.

I'd rather just relax and chill, man.
sr. member
Activity: 378
Merit: 250
Hey, guys! I have an idea. Lets try to break $1000 for the third time in 36 hrs. Third time's a charm.
newbie
Activity: 21
Merit: 0
[…]

0 confirmation transactions work fine!   The risk of a double spend is extremely low for low value transactions.   For high value ones, 6 confirms is vastly faster than a wire transfer, or ACH, or SEPA.  

Getting tired of noobs thinking they know anything . . .

the noobs are numerous

we must be patient and teach them how things work in bitcoin land.

been mining since May 2011. not sure that would be considered a noob.

Yes bitcoin is way too slow for everyday transactions. But some people didn't notice because they don't use it, they stick it in a paper wallet under their bed and that's it.
I've thought this too, and then I thought what tHash thought. Will people really go through the hassle of trying to double-spend transactions worth a couple of dollars, or even hundreds? I have no idea how feasible that is; I assume none of the standard clients will allow it. (My own service works on 0 confirmations, but will revert the subscription if it doesn't get the confirmations. Should be a viable route for many services, I guess – but of course not all.)

I know this is off topic, but there's not much on-topic to say at the moment, is there? Except perhaps… do you think any of the people who sold at 1000–1200 have cashed out any considerable portion? Or is pretty much all the money still in the exchanges? I'm assuming the latter, in which case things could go really fast after 1000 is broken, right?
maz
full member
Activity: 140
Merit: 100
That money is probably there in anticipation of a new visit down towards 600. China news hasn't been completely digested yet and we will have more volatility before stable 900+.

I think after dozens of copycat news saying China caused Bitcoin drop, people are now starting to understand news from China wasn't negative after all.

Long term: not necessarily negative. Short term: most definitely negative. We are still in short term, wouldn't you agree?

It's been over 5 days since the news. I think we've moved past it at this point.

Yes, 'we', as in, in here, IRC, tradingview etc. But there will still be a large amount of our newly adopted masses who are led by Forbes articles which the news will be peculating down to.

I think we forget how current 'we' can be sometimes in this thread, almost thinking that all news is priced in within the hour  Cheesy
legendary
Activity: 2338
Merit: 2106
I actually woke up to see the exact same price i saw before going to sleep. BTC is not what it used to be



couldn´t resist...  Wink
legendary
Activity: 1792
Merit: 1047
I actually woke up to see the exact same price i saw before going to sleep. BTC is not what it used to be

Yes I too enjoy the volatility but to a point Smiley
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