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

[fillippone]

congrats to VBs  
amazing the disparity in page views on your xclnt threads due (?) to their respective subforums
what's next?
-a history of forks and fork attempts -- xt, classic, unlimited, bch, s2x, all that jazz
-i ran out of ideas for you just now

LOL, What you have to do is give me many, many, merits, ideas for the next issues are not a problem.
If I do not get big bags of merit, I'll never catch you.
A part of the success is also yours, you gave me several tips when I got to the thread of WO.
My threads are like gratitude to Bitcoin, if Satoshi was here I would settle for thanking him for having created Bitcoin, but unfortunately it is not so, for this reason as a good BTCitcoiner, I feel that they must be related to the origin of Bitcoin.
I have one next in mind but I need a lot of time to document it, I'm sure that if I can check all the information you like it.
Thx, V8

Not for the first time you seem to think I have lots of merits to give but sorry, I've already given them away, and I don't get as many now as i used to. Am quite sure you'll overtake me anyway with all the work you put in. Welcome to pm if you need help. btw I asked LoyceV for this graph a bit ago: https://asktom.cf/index.php?topic=5099167.msg51186664#msg51186664
in this vein:

( the most merited regular wall observers )

I do not remember asking you about your merits, I'm sorry if I bothered you with the comment.

The only merits that interest me are the minimum to be legendary.

In many occasions a good advice is more important than a handful of merits.

Thanks for everything, V8

Wow!
Congrats VB1001!
I hadn’t that graph in my mind, but I was pretty satisfied with my progression trough the member rank and the contribution (hopefully positive) to the forum.

But wow, that yellow line not only is pointing north, but also being almost a straight line means that actually your contribution has been extremely consistent and. Instant over the past months!


I think a lot can be summarised in what you said here:

In many occasions a good advice is more important than a handful of merits.

Sometimes a good advice is also a good example!
Well done!
If only I had smerits

I owe you some.

[LFC_Bitcoin]

🎻

10% or more if needed, but I don’t sell easy

Yeah I’m confused what to do, what % etc. I will have to have a good think when we start to move up big time.

And that's exactly how we all will end up regretting not having sold shit again lol

"it's so easy" they said. "buy low, sell high" they said.

@Gyrsur

Lol.

Bought a lot low, it’s just when the fuck do I sell.

Imagine selling a big % at $100,000 & then 3 weeks later we’re at $200,000.

Shit man!

@bitserve

At least the next massive correction from the peak in of 2021/22 will be sometging like $30,000.

[LFC_Bitcoin]

🎻

10% or more if needed, but I don’t sell easy

Yeah I’m confused what to do, what % etc. I will have to have a good think when we start to move up big time.

And that's exactly how we all will end up regretting not having sold shit again lol

"it's so easy" they said. "buy low, sell high" they said.

@Gyrsur

Lol.

Bought a lot low, it’s just when the fuck do I sell.

Imagine selling a big % at $100,000 & then 3 weeks later we’re at $200,000.

Shit man!

@bitserve

At least the next massive correction from the peak in of 2021/22 will be sometging like $30,000.

[Last of the V8s]

https://www.youtube.com/watch?v=iypR0Jfvg6s
mining porn
safe for (proof of) work

[El duderino_]

10% or more if needed, but I don’t sell easy

Yeah I’m confused what to do, what % etc. I will have to have a good think when we start to move up big time.

And that's exactly how we all will end up regretting not having sold shit again lol

"it's so easy" they said. "buy low, sell high" they said.

@Gyrsur

Lol.

Bought a lot low, it’s just when the fuck do I sell.

Imagine selling a big % at $100,000 & then 3 weeks later we’re at $200,000.

Shit man!

@bitserve

At least the next massive correction from the peak in of 2021/22 will be sometging like $30,000.

Never be mad when you sell with a decent profit, you never know the exact bottom or top...



Meh, today would be decent as well.... but I wouldn't be happy

[Gyrsur]

🎻

10% or more if needed, but I don’t sell easy

Yeah I’m confused what to do, what % etc. I will have to have a good think when we start to move up big time.

And that's exactly how we all will end up regretting not having sold shit again lol

"it's so easy" they said. "buy low, sell high" they said.

@Gyrsur

Lol.

Bought a lot low, it’s just when the fuck do I sell.

Imagine selling a big % at $100,000 & then 3 weeks later we’re at $200,000.

Shit man!

[MrFreeRoMan]

Guys! Here is the best trading strategy! Sorry, it's not bitcoin! But this is repeated for 13 days in a row!

https://coinmarketcap.com/currencies/aurora/


It looks PERFECT!

[Last of the V8s]

oh hey, statechains coming back to discussion, a third layer 2 doohickey, after lightning and liquid, on the trustless/federated permission spectrum
https://twitter.com/SomsenRuben/status/1135866719141076993
https://medium.com/@RubenSomsen/statechains-non-custodial-off-chain-bitcoin-transfer-1ae4845a4a39

In short, Statechains are novel in the sense that they allow you to change UTXO ownership off-chain, while preserving a large degree of censorship resistance due to the ability to withdraw on-chain. It is non-custodial, which naturally reduces risk and makes it easier for the Statechain entity from a regulatory point of view. The end result is a unique layer two protocol with its own distinct strengths and weaknesses.

https://youtu.be/ncpjRsHHUiA?t=5900 shinobi commentary

requires schnorr sigs and eltoo, also sighash anyprevout, which may take some time
adds liquidity to lightning without opening channels from mainchain
could interact with lightning to split up the locked utxo, and/or remove the federation
could also use blinded sigs, adding a layer of privacy

edited to add: http://diyhpl.us/wiki/transcripts/bitcoin-core-dev-tech/2019-06-07-statechains/
transcript of Somsen's talk, very useful

[Last of the V8s]

https://twitter.com/pmullr/status/1136337487310336001 thread with updates on Kleiman case

[Globb0]

https://twitter.com/pmullr/status/1136337487310336001 thread with updates on Kleiman case

Fuck they should have cut off his thumb     

[goldkingcoiner]

At some point you realise, exchanges don't let you withdraw large amounts and banks close your accounts at the mere mention of Bitcoin due to money laundering and liability concerns. Your money is locked into the system, allowing only a few trickles into your bank account.

But then again. Banks are digging their own graves. Can't get money out of the system? The system becomes the new money. All is a question of time.

Besides when bitcoin goes to the moon you won’t want to cash it all out, you’ll be able to live on bitcoin (hopefully).

Thats what we are all hoping for. As I see it, this will be a reality sooner or later. But what we need is more people who take btc as payment. I need some kind of statistics chart for the rise of btc acceptance in businesses over time.

[600watt]

Re the lively discussion on 100k party (ies): it's like a variation of Heisenberg's uncertainty principle...you cannot predict (measure) both the price (speed in HI) and timing (position in HI) of bitcoin. This explains why both 1K and 10k parties did not happen/failed.

A proposal on how to circumvent or "tame": It is likely that prior ATH will be breached and we would have a short correction afterwards, but should get on our way up within, say, 3 mo. Therefore the ATH party could be planned at 30-90 days post 20K, therefore nailing the time and, potentially, being still on a rise from ATH, which would make everyone happy.

TL;DR it is a ATH party, not strictly a 100K party. The time would be 30-90 days post new ATH (at a fixed time slot).

as a member of the original BTC1K party triumvirate I can only confirm this. when you come up with the idea of such a party, at first everyone is ridiculed because price will never climb so high. we started to plan the btc1k party, when price was around $120. we thought it would take lots of years to reach 1k. it only took some months...

it is not possible to plan something big when you do not know the date. venues must be booked way in advance, same with live bands or DJ or PA, stage, light, etc, etc .  3 months could work though

my suggestion would be to wait for 100k, and then meet two weeks later - only hat members, no partners/friends at some small venue (or ... yacht ?)    and party hard.

[El duderino_]

When bitcoin again hits $20K soon, the world will wake up to the fact that Bitcoin is here to stay.

Many high-profile people will start being vocal about owning BTC as everyone who ever bought bitcoin will now be in profit.

https://twitter.com/misir_mahmudov/status/1136365038531481600

[Last of the V8s]

https://newsletter.theblockcrypto.com/w/xM8sZ7ahhnODXgv8SXs8922g/YP8892VNVIYRVlvDXZogYAbg/8u4io427634jLCmxsyiecJBg

good lord

[El duderino_]

When back 9K ? 

[LFC_Bitcoin]

When back 9K ? 

Before the end of the year, don’t worry man. Lots of time to win poker games & increase the stash.

#cheapcoins 

[El duderino_]

When back 9K ? 

Before the end of the year, don’t worry man. Lots of time to win poker games & increase the stash.

#cheapcoins 

Play with mindset 1btc=1btc, actualy didn't changed t'ill today, curious whats gonna happen when we 6-dig....

[LFC_Bitcoin]

When back 9K ? 

Before the end of the year, don’t worry man. Lots of time to win poker games & increase the stash.

#cheapcoins 

Play with mindset 1btc=1btc, actualy didn't changed t'ill today, curious whats gonna happen when we 6-dig....

I dunno man, there might be a sell off & a dump down to about 70k as lots of people will have sell orders at 100k because it’ll be a psychological number for people.

We may power straight past 100k to higher.

To summarise - I have no idea, we can’t control the beast especially when it’s in a massive bull run

[fillippone]

Meanwhile in Denmark:

My Bank In Denmark Just Offered Me A Negative Rate Of Interest To Borrow Money

The article says the negative interests were available for the banks and institutions... only till now. Now an average Joe go to the Danish bank, ask for money and get paid by doing so.

As somebody said in the comments, you can buy the whole country like that.

Crazy right? Interesting times. Sounds a lot like we are about to see the end of the financial system we knew.

Satoshi knew this shit was coming. When you think like that selling at $100k looks like a stupid idea.

This is nonsense.
You get paid to have money.
Hence I would to this:

• Buy an house
• mortgage at negative interest rate
• use the negative proceeds to buy bitcoin
• Use gains in bitcoin to repay the mortgage

Worst case: you got money for free to buy your house.
Best case: you got your house for free and saved some btc

[Toxic2040]

If I were too speculate, I would say consolidation will continue along this band for awhile.
4h

#peace