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1381  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 07, 2022, 04:50:12 PM
Checking the 15 minute chart, looks like a dead cat without the bounce part, it just died.

The BIP 119 ordeal doesn't help either. I'm against smart contracts support in Bitcoin, don't want Bitcoin turning into Ethereum with all that entails. I'm fairly optimistic BIP 119 will be rejected eventually, but it's going to get worse before it gets better.

As of writing this Bitcoin fell off another cliff, from mid 36k down towards 35k USD.

I'm with you modrobert...

BIP 119 has some potentially problematic aspects that have not quite been figured out and/or discussed, and at least the proponent has backed off of his original assertion that such BIP is worthy of fast-track considerations...

BIP119 was presented as something straightforward, simple and ONLY with upsides, yet it may well be a mechanism that would screw up our current transaction incentives within bitcoin in such a way that would end up causing it to potentially serve as an attack vector..

It is seeming as if it may well be better to put those covenants/smart contracts on second or third layer of bitcoin rather than on the base layer.

Guy Swan discussed the matter of potentially screwing up incentives in his podcast from a few days ago.

Yeah, we cant put fungibility on the base layer but sure lets throw a attack vector on there so the scammers can run shitcoin P&D's all day.
1382  Economy / Speculation / Re: Only 150 transactions were made on day one of Coinbase's NFT marketplace on: May 07, 2022, 04:47:14 PM
I agree with the sentiment, but WS numbers cannot be accurate for the area as a whole.
Last week some "vitrual' land sale basically broke cough-eth-cough for a day.
Fees alone were more than $100mil.
I did not partake, but saw the info on the interwebs.
I have no interest in pic NFTs whatsoever.


Punters are drying up, that one huge tweet was supposed to go for 48million got a $280 bid. LMFAO

Quote
Crypto investor Sina Estavi was known to have bought Twitter founder Jack Dorsey’s first-ever tweet NFT for $2.9 million USD last year. Just last week, Estavi listed the NFT for sale at $48 million USD.


https://hypebeast.com/2022/4/jack-dorsey-first-tweet-nft-flops-after-48-million-usd-resale-top-bid-280-usd-report

Idiot paid 2.9 Mil for it last year. Cheesy

Its starting to dawn on them all they bought literal shit and it will be a race to the bottom.

Just like the "pump" part of a typical crypto pump-and-dump scheme, the NFT scammers start off the scam "pumping" some NFTs by actually buying them with real money, real tens of thousands or even millions of $$$. Why? Cost of running the scam: to sow the seeds of FOMO. To make the participants think that NFTs really have value, that someone else is willing to pay big money for. What's a few million spent on an NFT here or there in the beginning, when you can sell hundreds or thousands of other NFTs for tens of millions more $$$ once the FOMO starts rolling?

That's how all these PnD scams work. It's that ol' saying, "Perception is nine tenths of reality". Fake [the market] until you make [the market]. Once you make the market, leave the poor bagholders holding a bunch of worthless junk, while you leave it behind with millions in profit.

They are doing the same bullshit tactics with Metaverse properties right now. Same scam, just a different medium.

With this shit there isn't even a cost involved as they are starting off selling this shit to themselves for the initial pump and the plebs are falling for it hook line and sinker.

I'm amazed in this day and age the human race is literally this fucking retarded.
1383  Economy / Speculation / Re: Only 150 transactions were made on day one of Coinbase's NFT marketplace on: May 07, 2022, 05:01:20 AM
I agree with the sentiment, but WS numbers cannot be accurate for the area as a whole.
Last week some "vitrual' land sale basically broke cough-eth-cough for a day.
Fees alone were more than $100mil.
I did not partake, but saw the info on the interwebs.
I have no interest in pic NFTs whatsoever.


Punters are drying up, that one huge tweet was supposed to go for 48million got a $280 bid. LMFAO

Quote
Crypto investor Sina Estavi was known to have bought Twitter founder Jack Dorsey’s first-ever tweet NFT for $2.9 million USD last year. Just last week, Estavi listed the NFT for sale at $48 million USD.


https://hypebeast.com/2022/4/jack-dorsey-first-tweet-nft-flops-after-48-million-usd-resale-top-bid-280-usd-report

Idiot paid 2.9 Mil for it last year. Cheesy

Its starting to dawn on them all they bought literal shit and it will be a race to the bottom.
1384  Economy / Speculation / Only 150 transactions were made on day one of Coinbase's NFT marketplace on: May 07, 2022, 02:59:37 AM
Quote
When Bloomberg looked into how things were going yesterday at 5:15pm, only 110 transactions had been made. By the end of the day, according to crypto tracking platform Dune Analytics, there had only been 40 more. This amounted to less than $75,000 in sales. The platform had 1,120 users at the close of the day.


Quote
A recent Wall Street Journal report found that NFT sales have fallen 92 percent since their peak last year


https://mashable.com/article/coinbase-nft-marketplace-launch


Crash and burn bitches.

And that 75 grand were wash trades I'd wager.
1385  Economy / Speculation / Analysis: Musk's new Twitter funding could draw TikTok-like U.S. scrutiny on: May 07, 2022, 12:45:26 AM
Quote
Musk disclosed on Thursday that Saudi Arabia's Prince Alwaleed bin Talal, Qatar's sovereign wealth fund and Binance, the world's biggest cryptocurrency exchange founded by Chinese native Changpeng Zhao, were part of a group of investors that will help him fund the acquisition of Twitter. read more

https://www.reuters.com/business/musks-new-twitter-funding-could-draw-tiktok-like-us-scrutiny-2022-05-06/
1386  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 05, 2022, 02:49:20 PM
Never change the WO name please

I was going to vote yes as a joke but realized if too many of us did that it wouldn't be funny and the joke would be on us! Smiley
1387  Economy / Gambling discussion / Re: 🏈🏈 The American Football Discussion Thread 🏈🏈 on: May 05, 2022, 02:44:06 PM

Have you seen the movie American Underdog? It is a true story about Kurt Warner. To be honest with you I did not know who he is before watching the movie, however, from this movie it appears that the L.A. Rams is not unfamiliar in taking that type of risk. They might also have taken a much bigger risk on Kurt Warner who was considered to be not in the level of the NFL.

The one thing they never seem to take into account is intelligence, a great Quarterback is always smart.

All the athleticism in the world won't save you if you cant think on your feet.

I've never seen a stat to quantify that.
1388  Economy / Gambling discussion / Re: 🏈🏈 The American Football Discussion Thread 🏈🏈 on: May 03, 2022, 08:43:00 PM
Prima Donna WR's have become a bane to this league.
1389  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 02, 2022, 07:48:51 PM
The Russians got so annoyed over the "fuck you" (really "sit on a dick") poststamp that they are constantly ddosing the Ukrainian posts online shop where you culd buy them.

https://postmark.ukrposhta.ua/?_gl=1*1j4fu1*_ga*MTIzNDI1MTM1Ni4xNjUxMDc1NTM4*_ga_LCJJZW4PQM*MTY1MTUwNTIwOC4zLjAuMTY1MTUwNTIwOC42MA..

https://www.theguardian.com/world/2022/mar/12/ukraine-reveals-russian-warship-go-fuck-yourself-postage-stamp

1390  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 02, 2022, 03:17:22 PM
Quote
Noticed a disturbing trend of exchanges flagging bitcoin transactions sending warnings to users that coinjoin withdrawals - multiple incidents


https://twitter.com/fr33dom45/status/1520874621452668929?t=bZZkh4WwOr6IXdvvEi916g&s=09
1391  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 02, 2022, 05:13:55 AM
3 Banger, well played CB.

2 more weeks of winter I guess.
1392  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 01, 2022, 09:25:25 PM

The FRL is interesting, apparently they have recruitment cells all over Russia, and the interest is strong. This could be the beginning of a revolution or civil war in Russia when the Ukranian war is over.
And there is no doubt anymore that Ukraine will win, the Russians have crossed too many red lines. The free world will not let this agression stand man.
https://twitter.com/lasois4/status/1520853393962520576
1393  Economy / Speculation / $100M spent on ETH gas fees for $200M of NFT sales (twitter.com/willpapper) on: May 01, 2022, 04:07:07 PM
Quote
Nearly $100M has been spent on gas for the BAYC land sale in one hour. This is money that could have gone to Yuga or stayed in user's pockets.


https://twitter.com/willpapper/status/1520592312379658241




Fucking Ethtards never cease to amaze.
1394  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 30, 2022, 10:54:59 PM
1395  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: April 30, 2022, 09:10:57 PM
I haven't even mentioned Monero to him as I still can't get him into bitcoin.

Ha Ha. But he got the message pretty quickly. First he mentioned shitcoin and then Monero. That is quite a fast learning curve.
And the other thing with Bitcoin.... he will also understand soon.

Yeah, he's a "Dumb Roofer" (as he describes himself) that owns many properties now and got a judge disbarred.

He didn't listen to me years ago when I told him to sell his silver and buy bitcoin but he's learning his lesson there. Smiley

Is your dumb roofer named R0ach?

LOL, he doesn't even know how to use a bbs.

I doubt roach worked a day in his life, momma's boy living in the basement.
1396  Economy / Gambling discussion / Re: 🏈🏈 The American Football Discussion Thread 🏈🏈 on: April 30, 2022, 08:43:15 PM
https://time4tv.stream/livesports/channel54.php



Cool highlight.

https://www.youtube.com/watch?v=DjxV_Mr5XyQ
1397  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 29, 2022, 11:15:02 PM
Should have quit while you were ahead. ^^^
1398  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: April 29, 2022, 04:59:28 PM
I haven't even mentioned Monero to him as I still can't get him into bitcoin.

Ha Ha. But he got the message pretty quickly. First he mentioned shitcoin and then Monero. That is quite a fast learning curve.
And the other thing with Bitcoin.... he will also understand soon.

Yeah, he's a "Dumb Roofer" (as he describes himself) that owns many properties now and got a judge disbarred.

He didn't listen to me years ago when I told him to sell his silver and buy bitcoin but he's learning his lesson there. Smiley
1399  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 29, 2022, 03:11:18 AM

https://twitter.com/BTC_Archive/status/1519768598348193795?cxt=HHwWhoCz1Z7fppcqAAAA

There's already 3 countries where Bitcoin accepted as legal tender:
1. Panama
2. El Salvador
3. Central African Republic

It's still very tiny area, but I believe when the times has comes, the whole world will be painted with fully orange colors BTC

I see a geometric progression in size.
What's next? candidates: Mexico, Argentina, Brazil?

Texas.
1400  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: April 28, 2022, 08:46:51 PM
I texted this too my buddy that I've been trying to get into bitcoin for a decade, he own land in panama.



This was the conversation.




I haven't even mentioned Monero to him as I still can't get him into bitcoin.
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