All posts made by cellard in Bitcointalk.org's Wall Observer thread
1.
Post 18444171 (copy this link) (by cellard) (scraped on 2020-04-04_Sat_15.07h):
Litecoin is really triggering my laziness.
I have an old Litecoin wallet from back in the day (way back when I thought having another currency blockchain outside Bitcoin's might have some long term value). It has ~100 or so LTC left in it.
But eh... I'm just too damn lazy to fire it up, sync it with the network, and trade my ltc for btc.

I would start syncing now. When LTC goes to 20 or more dollars that's some worth syncing profits for. And who knows if we go to a new all time high?
If BTC fails to activate segwit (and it looks like that) all LN development will move to LTC as the only viable alternative. Im sure BTC price will increase a lot since it looks like segwit is very realistically activable (compared to BTC). BTC holders must start taking LTC more serious.
2.
Post 18574483 (copy this link) (by cellard) (scraped on 2020-04-04_Sat_15.08h):
Last chance to buy sub 1200?
Any news?? What is this
Bitcoin traded to pump ETH and DASH. Nothing to see here, move along...
Why are people buying DASH again? just speculation or something going on that drives the pump?
I know there's some hype with Raiden for ETH I guess that's why, but what's up with DASH again?
3.
Post 19111029 (copy this link) (by cellard) (scraped on 2020-04-04_Sat_15.10h):
there is nothing worse than the bellowing of sold-out-early bulls, they make me sick (worse than bears I think) ... roach is our best example around here, still fapping hisself about selling out and going full fiat at $600 roach?
Nobody sold out at $600. I've been buying metals from $800 - $1600 and just made 600% on litecoin too. Anything I missed in bitcoin I already made up in alts. There's really zero reason to hold BTC over LTC right now either. Whoever buys this LTC double bottom will make far more money than anyone in Bitcoin.
LTC could continue stagnating into nowhere land for all we know. I hope that is not the case, but looks like people couldn't care less about high fees and slow transactions. BTC is going to hit $2000 any minute now. It's time for you and the rest of people that sold ages ago to admit you fucked up.
Every coin out there is measured against BTC, people are naturally talking about "sats", and BTC could profit from other scaling solutions that don't even need segwit such as atomic cross chain transactions with LTC or RSK, not to mention it continues being the conservative crypto investment because it's the most trusted one and everyone just copy-pastes code from Bitcoin Core. Of course there are reasons to hold BTC.
4.
Post 19114402 (copy this link) (by cellard) (scraped on 2020-04-04_Sat_15.10h):
Bitfinex has peaked at around $2033.7 as of right now. Bitstamp still stuck at $1974. Any clue on why the hell is this happening?
I heard Tony Vays said that Bitstamp is too low and not accurate.
Did Bitfinex fix his shit yet with the USDT problem? Maybe a good common wrong is an average of both of prices.
Anyway, the $2000 barrier was broken, that's huge news. I couldn't care less if it crashes, we proved everyone wrong by destroying the 2013 peak.
5.
Post 19117779 (copy this link) (by cellard) (scraped on 2020-04-04_Sat_15.10h):
$2000 has been finally broken anywhere; bitfinex, bitstamp, btc-e.. you name it. We are oficially above $2000, but in the midst of the celebration, I can't help but think about this:
Can anyone inform me with the latest segwith news?
I do not get it anymore.. When does it come?
No but Soon™
August 1st, 2017 UASF of SegWit. high probability of a fork in two chains. a ChinaBitcoin with no block limit soon after. on the other side a CoreSegWitBitcoin with a new mining algo soon after. no "the one and only" Satoshi BitCoin anymore forever.
Im just thinking about what will happen soon with the whole segwit, UAF, Buggy Unlimited thing.
We need segwit, but what if UASF fails? if we end up with several btcs.. its over.
What about if we do nothing? if we do nothing, maybe Buggy Unlimited manages to gain traction due constant Roger Ver propaganda and higher fees and cheap transactions due Jihad blocking actual scaling (segwit)
It's a tricky situation where both doing nothing and something has risks.
6.
Post 19127022 (copy this link) (by cellard) (scraped on 2020-04-04_Sat_15.10h):
The price is holding nicely above $2000 in bitfinex. Let's just hope the inertia brings bitstamp back to $2000. If we establish a good floor of $2000+ on all exchanges we are set, but people are dreaming about sub $2000 now which is good too.
About UASF.... i have been learning more, and I think it's a good idea. It may be a temporal pain in the ass, but good long term. Time to run an UASF node.
7.
Post 19143222 (copy this link) (by cellard) (scraped on 2020-04-04_Sat_15.10h):
Everyone is talking about correction. Yeah there is going to be one, no doubt about it.
But whatever you feel like it's not going back to 1500$. So is it really worth to risk everything by trying to "see" a correction right now? :p
Just take a cocktail and ejoy the cool train to 4k$
I think people hoping for huge corrections are missing the boat on a daily basis. They are thinking in terms of linear growth. The logarithmic all time high still shows a healthy growth compared to the 2013 bubble. Once we get 2013 bubble mode activated then you can call it a bubble, and that means we could hit $8000.
https://www.tradingview.com/chart/BTCUSD/pVzs1QFs-Do-not-think-in-linear-terms-when-predicting-bitcoin-tops/If only we could solve the scaling thing, $100,000 within a decade guaranteed.
8.
Post 19173700 (copy this link) (by cellard) (scraped on 2020-04-04_Sat_15.10h):
Holy shit. Anybody here? we just hit $2401 in bitstamp. This is amazing. Everyone that sold at $2000 expecting a psychological bear pressure due the nice round number are already missing on $400 gains. Right now there's a small dip of $2384, so it's going to be fun seeing all the people that sold at $2000 possibly hopping back in the train in FOMO at nearest dip and it will keep happening.
$3000 is around the corner at this point, we could be there by summer.
Remember that if you watch the logarithmic graph, there's still no bubble at 2013 level.
edit: Just saw posts above lol
9.
Post 19177416 (copy this link) (by cellard) (scraped on 2020-04-04_Sat_15.10h):
Oh boy, we are about to hit another ATH in bitstamp, pay close attention. The last peak was $2409, now we are at $2404, comming from a $2334 dip, which has took no time to be bought back.
The bull pressure is incredible, it's great that there are dips along the way to make the rise healthy.
$3000 is in no doubt on sight for this summer. Maybe Tone Vays was wrong and we'll hit $3000 by august, instead of the $2000 he predicted. We are moving on a upper channel now.
Edit: We have just hit $2420 before I was even able to finish this post, damn!
10.
Post 19436717 (copy this link) (by cellard) (scraped on 2020-04-04_Sat_15.12h):
That 'market share' isn't coming back. Crypto has diverged for good no matter how shitty or wobbly the different paths are. Different people are now doing different things under one very tenuous umbrella that should be abandoned. Anyone who didn't expect this is a silly sausage.
This is a good article on why "BTC domination %" on marketcap doesn't even matter:
https://medium.com/bitcoinfoundation/the-bitcoin-dominance-indicator-fallacy-2b11093869d4People should caring about some shitcoin going up in price against BTC.
Of course, the concerns about august etc remain valid.. nobody knows the outcome of all of this.
11.
Post 19578486 (copy this link) (by cellard) (scraped on 2020-04-04_Sat_15.12h):
Do you think this correction is done yet? It's still not as deep as the one from May 25-27. It would have to go below $2k do match that.
It is not just a correction. I take it you have missed the Bitmain announcement/threat? I do not want it to go any lower, at least not yet.
You're right. I was too busy yesterday to even check in. Today I woke up, saw the price and ran out to buy.
So it's hard fork panic part two? Jeezuz Murphy. I'm looking into it.
Sigh.
It's the big blockers again. Check Tone Vays' latest video for a recap. They have used the $3000 recent peak too, to fuel the panic selling further, because $3000 is a psychological barrier and until it's clearly passed, some fear is in the air. The spark that ignited the fire was the post by "admin" in bitmain's blog. Everyone involved is im sure, shorting the market since "admin" posted the blog.
12.
Post 19587687 (copy this link) (by cellard) (scraped on 2020-04-04_Sat_15.12h):
If [someone] wanted to, they could fill these block up over night [by spending a lot of money on fees]. Either that, or you could get enough demand that would fill it up very quickly [which is both what we want and why we need it]. You will end up asking for X MB afterwards, which would further centralized Bitcoin whilst not improving [efficiency].
Using terms like "malicious attacker" doesn't convey any useful information, it's an attempt to make people feel a certain way about the topic being discussed. And that is what makes you a sophist. Anyone has the right to send any amount of transactions they want for any reason or no reason, that's one of the main points about bitcoin. No middlemen regulating what is allowed.
We need more throughput. Otherwise this is as big as bitcoin is going to get. Squabbling over how it should be done instead of actually doing it is hurting everyone.
There will be (eventual) block size increases, everyone in Core team agrees with this, the problem is when you pretend to do a rushed hard fork like the ones in the NYC thing want, which can not even agree amongst themselves after signing the so called contract which is just silly.
Lets get segwit NOW with BIP141, then an eventual proper HF with more stuff than just a mere blocksize increase.
The fact that we are discussing this is just insane.
13.
Post 19787641 (copy this link) (by cellard) (scraped on 2020-04-04_Sat_15.13h):
day traders disgust me, btc was supposed to only go up, why this happen?
I guess there is still uncertainty because of the segwit2x thing. If we could get this solved already we would be sitting at $10k easy, but it looks like there is more uncertainty for the coming months. In august possibly nothing will happen, but what about august? what if they hard fork with 80% of hashrate into the retarded frankenksegwit software developed by Jeff Garzick? can somebody explain to me how the price isn't going to crash?
14.
Post 20047804 (copy this link) (by cellard) (scraped on 2020-04-04_Sat_15.13h):
august 1 will make price dump, no matter what.
just we will see later who was the smarter one

LTC may be the final winner...
LTC is dumping right now below 45 dollars so it's not looking good. If it keeps crashing and gets cheap I may buy some to specualte with the MIT countdown thing but that's about it.
Bitcoin is getting segwit and there will be no hardfork. Once the market understands this reality, BTC will hit all time high in no time and you want to be holding 100% of your wealth in it when that time comes.
15.
Post 21043582 (copy this link) (by cellard) (scraped on 2020-04-04_Sat_15.18h):
A question for the specialists here:
So some entities are liquidating large quantities of BTC to pump up BitcrashCoin, but the price of BTC remains quasi unaffected.
That maybe means there is a substantial inflow of fiat ?
And if these same entities are really planning to, at a certain point, cash their Bitcrash coins out, then what will happen with all
the others who bought that thing?
It will be very funny if schism happens in a couple of months due to Core still firm with Segwit and BitcrashCoin takes over the top.
Would that be a realistic possibillity?
If (enough) miners switched from BTC to BTH because it was more profitable to mine, it could cause problems for BTC. So yes, it's possible - but the whole market could lose faith with Bitcoin (both) altogether - and no one really wants to kill the golden goose. I hope.
EDIT: for clarity
This is a short lived pump and dump. BTC is still more profitable to mine considering the higher fees, BitcoinCrash will always have a bigger blocksize, therefore, it will always have lower fees. The profitability due hasrate fluctuation is temporal, miners know that they can't gamble too much trying to profit from this, because if they screw up the real Bitcoin, their whole business would collapse.