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1921  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 13, 2019, 06:40:52 PM
here's why "climate change" should never become humanity's focus ... imagine exhausting the global economy and killing off significant proportions of populations in the name of "the environment" ... and then god shows up to roll the dice on humans??

https://www.colorado.edu/today/2019/06/05/superflares

humanity has bigger problems to exhaust our known available energies and resources against than preserving a fictiously 'pristine', unobtainable environment nirvana.

You sound like the guy who killed all the passenger pigeons
1922  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 12, 2019, 08:02:29 PM
Stone Age stoners

https://advances.sciencemag.org/content/5/6/eaaw1391.full

Quote
Abstract
Cannabis is one of the oldest cultivated plants in East Asia, grown for grain and fiber as well as for recreational, medical, and ritual purposes. It is one of the most widely used psychoactive drugs in the world today, but little is known about its early psychoactive use or when plants under cultivation evolved the phenotypical trait of increased specialized compound production. The archaeological evidence for ritualized consumption of cannabis is limited and contentious. Here, we present some of the earliest directly dated and scientifically verified evidence for ritual cannabis smoking. This phytochemical analysis indicates that cannabis plants were burned in wooden braziers during mortuary ceremonies at the Jirzankal Cemetery (ca. 500 BCE) in the eastern Pamirs region. This suggests cannabis was smoked as part of ritual and/or religious activities in western China by at least 2500 years ago and that the cannabis plants produced high levels of psychoactive compounds.
1923  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 12, 2019, 07:43:57 PM
You could argue that bitcoin in its current form IS a fork but that's okay, it has a pretty good consensus. As long as that consensus doesn't fracture too much we can keep this delusion going. IF we could keep this delusion, the one that says "bitcoin is special because we need it to be special", going that would be wonderful for global commerce and wellbeing, and so far we have been able to do it.


About these forking issues, the majority of bitcoin miners have signalled Segwit in 2017. I dont believe they will leave the consensus they agreed upon, and if they do, I believe they will warn it first.

Money is based on consensus, without consensus there is no money.


Miner signalling isn’t worth shit because it doesn’t represent economic consensus.  The users have the real power.  BCH is worth bugger all despite Bitmain support because miners have no power.  


Also Anon136 needs to learn the difference between a hard and soft fork.  

HairyMclairy needs to learn that both hard and soft forks are a subset of the only word I used in my post relating to any kind of fork, which was the word fork.

Then don’t say that it is “arguable” that Bitcoin is a [soft]fork when it is a fact that Bitcoin has soft forked by consensus at least 18 times, and soft forked by orphaned blocks probably thousands of times.  
1924  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 12, 2019, 07:34:08 PM
You could argue that bitcoin in its current form IS a fork but that's okay, it has a pretty good consensus. As long as that consensus doesn't fracture too much we can keep this delusion going. IF we could keep this delusion, the one that says "bitcoin is special because we need it to be special", going that would be wonderful for global commerce and wellbeing, and so far we have been able to do it.


About these forking issues, the majority of bitcoin miners have signalled Segwit in 2017. I dont believe they will leave the consensus they agreed upon, and if they do, I believe they will warn it first.

Money is based on consensus, without consensus there is no money.


Miner signalling isn’t worth shit because it doesn’t represent economic consensus.  The users have the real power.  BCH is worth bugger all despite Bitmain support because miners have no power.  


Also Anon136 needs to learn the difference between a hard and soft fork. 
1925  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 12, 2019, 07:33:29 PM
Fractal says we are looking pretty comfortable

1926  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 12, 2019, 07:14:33 PM
Latest spy shots of the all electric, 592 bhp, 664 lb ft, Porsche Taycan (formerly known as Mission E).  Want.  



https://www.evo.co.uk/porsche/17091/2019-porsche-taycan-nears-production-all-the-details-on-stuttgart-s-tesla-model-s

1927  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 12, 2019, 04:08:26 PM
Shorting doesn’t pay in a bull market guys. You will get washed out.  It’s just a matter of time. 
1928  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 12, 2019, 04:00:10 PM
OT but interesting all the same -

Radix DLT - 10 years of Bitcoin history, replayed in under 30 minutes

Peak 1million + tps

https://www.reddit.com/r/CryptoCurrency/comments/bzrqru/radix_dlt_10_years_of_bitcoin_history_replayed_in/

At 100mbps under perfect conditions with zero processing and zero disk write time it will take you 5 hours to download the Bitcoin blockchain, let alone process it.  

This replay is not realistic.  You can achieve anything if you throw all of AWS at it but it doesn’t prove anything.  
1929  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 12, 2019, 03:41:17 PM
Welp my leveraged long has flipped green.  That’s nice.
1930  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 12, 2019, 01:30:14 PM


That’s not how this works

https://twitter.com/bitfinex/status/1138784237195317248?s=21
1931  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 12, 2019, 02:56:27 AM
I always figured he was a limey. I thought the same about Toxic too though, and I was wrong.

I have lived all over, including the States. I’m not really from anywhere.

I would like to disclose that i just saw $8k flash in front of my eyes.

Time for Whoopie?  Or no?



Edit:
  $8047 by the time I typed after waiting three minutes for my stupid post to actually uploaded.

It’s a trap
1932  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 12, 2019, 02:34:50 AM
IMHO there’s no point in TAing LTC because it’s all derivative of Bitcoin anyway and I’m looking for multi-year swings rather than intraday stuff.  YMMV.
1933  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 12, 2019, 02:14:28 AM
Australia is a ridiculous country.  They can’t even do Marmite properly.
1934  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 12, 2019, 02:02:19 AM
If what he says is honest then he’s definitely not British.

Poch ma hon
1935  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 11, 2019, 09:10:19 PM
Gravy and cheese and French fries?  You gotta like tone that down man.
1936  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 11, 2019, 08:52:00 PM

Still going sideways in pursuit of $8k... currently $7818USD/$10265CAD (Bitcoinaverage).

This looks good except the currency symbol  🤪 Imagine it's in USD currency.

I thought I clearly indicated both the USD and CAD prices, listing the USD price first because this is the "Wall Observer BTC/USD" thread and including the CAD for the benefit of the many Canadian members of this forum, including the original thread starter as well as the creator of our lovely hats.

I suppose I could also include pesos, euros, dinars, pounds, rands, etc, but I'm lazy and it sounds like too much work.

Bah, work. Curse of the drinking class.

Cool

Fuck Canada and their geese.  Crapping on people’s yachts. The birds are annoying too. 
1937  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 09, 2019, 09:27:17 PM
Worth noting the enormous volumes in CME Bitcoin Futures.  Someone on Wall Street is trading the hell of of these.  Part candle in June as June has barely begun.

1938  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 09, 2019, 04:12:38 PM
You guys are wasting your time with that LeRoux crap
1939  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 09, 2019, 01:07:35 PM
I feel like we are coiling for another strike.  Except this time I don’t know if it is up or down.

... and down we go.


I don’t like that wee lower low on the daily (as compared to yesterday).   I’m battening down the hatches and preparing to become a long term investor on my (very lightly) leveraged long.
1940  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 09, 2019, 01:05:24 PM

Thanks Mr 8.  I would be delighted to have a beer with you. Oxford looks like it is very doable by train from London so will give you a holler next time I am in the region.

Yes we have all sorts of fancy-pants conveyances nowadays by which the working-classes may travel about the place as if they own it, passing through other peoples' land and yet not paying their toll. The modern world is strange.

Seriously, do also look at coaches when travelling in the UK; they connect particularly well to airports and non-train places.

When you say 'the region' it encourages me that we understand each other. We mean 'nowhere near that region'.

By region, I am referring to the United Kingdom.  I trust that is not overly specific.
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