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221  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 31, 2020, 11:42:18 PM
We have 46.8 mil (give or take) $ millionaires in the world.
The article below states that there are only 25K people who own 89 (and above) btc, which is roughly $1 mil (currently).
https://medium.com/@BambouClub/are-you-in-the-bitcoin-1-a-new-model-of-the-distribution-of-bitcoin-wealth-6adb0d4a6a95

Therefore, bitcoiners contribute a minuscule number to $ millionaires (if you convert bitcoiners btc to $ value).
BTC has to go to about 70K for the number of btc $ millionaires to reach 250K, which is still would be just about 0.5% of all millionaires.
BTC has to go to 200K for the number of btc millionaires to reach 1mil, which would be just 2% of the total number.

Conclusion: movement of btc to 200K would not significantly increase the number of wealthy people in the world (2% is basically a margin of error).
Therefore it is entirely possible to happen as there are no visible constrains as far as a significant increase in total number of wealthy vs general population.


25K people with 89+ BTC? It sounds like a lot to me.... but what do I know.
222  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 28, 2020, 11:53:05 AM
The good thing is that it's not Barting...

Downward pressure is quickly counteracted by pampenings...

Soon the last remaining barriers will fall and the bull will be unleashed.

$20k by Xmas? *drools*

Slightly possible. But I sincerely hope it doesn't go to attack the 2017 ATH until 2021. It will be better in the long run that way. Fuck FOMO.
223  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 28, 2020, 11:09:26 AM



Nice breakout.

So... moon now?
224  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 25, 2020, 03:55:18 AM
and a clinical inability to respond to simple questions or respond with a straight forward simple answer.  

What the hell are you on about? Looking back three pages, you have addressed exactly zero questions to me, let alone ones unanswered. Unless you're confusing yourself with some sock.

Let me summarize my interaction with you so far:

You claimed that your shitcoin BSv is as decentralized as bitcoin

Is your omission intentional? Or do you not understand? I said that from a technical viewpoint the BTC protocol and the BSV protocol are exactly as decentralized as each other.


Ok, I'll bite.

The protocol? Not the actual network as in the current BTC and BSV mining state or diversification of nodes?

That's fair.

Or not... Because there are differences in the protocol that BSV introduced that leads to more centralisation. Mainly the (too much) bigger blocks. You (more than significantly) increase the barriers of entry for verification/mining nodes and you indeed introduce a centralisation factor... which degree I am not going to evaluate. But it is there. And it is a difference in the protocol. Can we agree on that?
225  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 24, 2020, 10:39:13 AM
OK, we all understand jbear's belief: big blocks is better and will some day not only flip BTC but rule the world. He's been wrong every day of every year since July 2017, and will likely continue to be wrong indefinitely, but if he wants to hold out irrational hope as as shitcoiners are wont to do, we shouldn't crush his dreams any further. After all, most of us have our secret shitcoin fantasies that we just aren't as ready to divulge in this thread.


This is fine.

Quote
Having said that,

Accordingly, thank god for the big block chains.

Sorry to break it to you but however unfortunately you're the only one around here who sees Roger Ver or Craig Wright as "god".  Cheesy

... And now you opened another flank for JB to counter that he never said that either Roger Ver or CSW were "god", that he was just using a common expression, that maybe he doesn't even believe in "god" more than he does in big blocks, etc etc....

*facepalm*
226  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 22, 2020, 11:15:54 PM
This is fine.
227  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 09, 2020, 02:28:32 AM
Every time I see someone kneeling like that, it remembers me that they are doing the same deathly maneuver Derek Chauvik did. Totally cringeworthy to say the least.

In fact, the first time I saw some cops doing it I thought they were doing it in support of the killer instead of the victim. Whoever came up with it is a retard.
228  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 08, 2020, 02:36:33 AM
Pay off most things like mortgage and be a free man... let the rest mature further
Nothing free about having to pay taxes.

New poll suggestion. Do you say yes or no to the taxman? Is it better to be a slave or a prisoner?

I prefer to be a slave that can pay the price to be free (tax). I am (or try to be) a practical man. Whatever floats your boat though.
229  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 06, 2020, 06:26:47 AM
Here is another video of the man who was pushed over backwards by the police and cracked his head.

It turns out that he had picked up a dropped police helmet and went to hand it back to them....  that’s when they pushed him over

https://i.imgur.com/yb5Lejz.mp4

Don't show it to bitserve it'll totally undermine his "confrontation" narrative.

As much tragic this incident is, the reaction of the cops was totally predictable (the push away). What you see in the video is an anti-riot squad that someone has ordered to be deployed to clear the zone. When the man approaches them they have just started to advance in formation. Never, ever, be caught in their path as their orders are to remove/disperse everyone from there by non-letal force and to try their best effort not to break formation. Why the man was not aware of what was happening right in front of him is a wonder.

An anti-riot (they are easily recognisable by their vests and equipment so it's hard to miss them) unit is not your friendly cop you can talk to. An anti-riot squad is "something" you know it is surely going to beat you (with batons most of the time) if you manage to be in it's close proximity when they start advancing. That's the orders they have and that's what they did with the unfortunate ending.

If you want someone to blame, blame whomever ordered them to do "their thing" right there, because what they did is exactly what they are expected to do. That's probably why they have resigned from the squad.

Unfortunately there are thousands of clear cases of police brutality and even cold blood murdering that are a way better example of the situation than this one.


That only proves that the issue is at the system level. I doubt that IDing cops and realizing that standing in front of riot police automatically gets you a beat down is such a common knowledge you claim it to be. But that's how the system is set up, cops on the front line are hiding behind the "my orders" defense. And when shit hits the fan the system just sacrifices few scapegoat to please the masses long enough so they forget about it and move on. Ultimately people don't care about logistics. If there's injustice, you cause death or great bodily harm to non violent offenders=the city burns. Kinda obviously logical don't you think? As far as outcomes, either protests will die down after few more scapegoats and empty promises, or system will be changed. Both supervisor giving the order to push forward in front of the old man as well as the individual cops should be held liable (exactly how they do it to people https://www.aclu.org/issues/capital-punishment/when-state-kills-those-who-didnt-kill). Of course that means pretty much disbanding and retraining every single cop with new guidelines.

I have just realised what you have just said maybe is key here. In US people are already used (and more than justifiably angry) to police brutality and abuse but... maybe riot police is a rare thing that isn't usually employed nor there are dedicated teams? If people would confuse their action such as that of a regular cop I totally understand the surprise and anger over their (pretty standard) procedure.

In fact now that I rewatch the video, they indeed almost broke formation during the confusion, something a dedicated squad wouldn't do. Maybe they are regular cops that just received a very basic anti riot training and gear after the riots started?

Riot police is usually harmless, as long as you fucking go out of their way when they start advancing because their main mission is just to disperse riots, that's all. They are not even going to run after you unless you do something crazily stupid. Of course, people need to know that beforehand, otherwise they won't understand why they are being beaten with batons and how they could have easily avoided it in first place.
230  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 06, 2020, 05:10:56 AM

The solution is simple. No fucking psychos in the police or the military. The guy who Took A Knee should have been identified and kicked out years ago.

Who is this mythical "someone" that you speak of? Who do we hold accountable, beyond the individual cop in question here?

Agreed. But maybe they don't really want to solve it? The George Floyd murder is by no means an isolated incident. The very same murderer cop has two other questionable killings in his history.

I don't know who decided to deploy an anti-riot squad (the Governor?). Also I don't even have enough information to argue if it (the deployment) was justified by the situation or not... nor I can judge that from the video. I am just saying that the anti-riot squad acted as expected with an unfortunate result, unlike what all the cops involved in the Floyd murder (and MAAANY other cases) did.
231  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 06, 2020, 04:25:10 AM
Here is another video of the man who was pushed over backwards by the police and cracked his head.

It turns out that he had picked up a dropped police helmet and went to hand it back to them....  that’s when they pushed him over

https://i.imgur.com/yb5Lejz.mp4

Don't show it to bitserve it'll totally undermine his "confrontation" narrative.

As much tragic this incident is, the reaction of the cops was totally predictable (the push away). What you see in the video is an anti-riot squad that someone has ordered to be deployed to clear the zone. When the man approaches them they have just started to advance in formation. Never, ever, be caught in their path as their orders are to remove/disperse everyone from there by non-letal force and to try their best effort not to break formation. Why the man was not aware of what was happening right in front of him is a wonder.

An anti-riot (they are easily recognisable by their vests and equipment so it's hard to miss them) unit is not your friendly cop you can talk to. An anti-riot squad is "something" you know it is surely going to beat you (with batons most of the time) if you manage to be in it's close proximity when they start advancing. That's the orders they have and that's what they did with the unfortunate ending.

If you want someone to blame, blame whomever ordered them to do "their thing" right there, because what they did is exactly what they are expected to do. That's probably why they have resigned from the squad.

Unfortunately there are thousands of clear cases of police brutality and even cold blood murdering that are a way better example of the situation than this one.


232  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 06, 2020, 02:11:03 AM
They are not the same.

George Floyd is dead.

Martin Gugino is in a serious but stable condition.

I was talking about the differences in brutality, gratuituous violence, and, above all, intentionality. Even if both were alive, or dead. Not even talking about if one is black or white, younger or older, healthy or ill. Just the difference in the cops actions. For me, at least, they are miles apart... as much as to call one an accidental injury vs a (probably) intentional murder.
233  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 06, 2020, 02:01:56 AM
The Buffalo Police Union boss says that the 75 year old was injured because he “tripped and fell”.  

In fact he did, right after he was simply pushed away. It was clearly an accident, not intentional (the fall nor the injury), even though he should have had more sense than to confront in any way an anti-riot unit that has orders to clear the place. With a curfew already in effect.

This only serves as a distraction to the clear and probably intentional MURDER of George Floyd... which probably is the reason why some politicians are giving it more importance than they really should.

Why are you lying? Look up what time the curfew starts and look at the video again, then apologize for spreading misinformation

Am I?

Here it says the incident happened right after the 8 p.m. curfew:

https://www.nbcnews.com/news/us-news/buffalo-officers-shoving-75-year-old-ground-decried-governor-where-n1225776

Quote
The incident occurred shortly after the city's curfew of 8 p.m. on Thursday, NBC affiliate WGRZ in Buffalo reported. Buffalo police initially said the man simply tripped and fell.

At what time did it exactly happened and at what time was the curfew starting?
234  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 06, 2020, 01:57:38 AM
The Buffalo Police Union boss says that the 75 year old was injured because he “tripped and fell”.  

In fact he did, right after he was simply pushed away. It was clearly an accident, not intentional (the fall nor the injury), even though he should have had more sense than to confront in any way an anti-riot unit that has orders to clear the place. With a curfew already in effect.

This only serves as a distraction to the clear MURDER of George Floyd.

He was backing away when he was shoved hard in the middle of the chest.

I’ll make you a deal.  We will rerun the scene.  You back away slowly and I will shove you hard in the middle of the chest.  We will do it five times.  I will give you a dollar for every time you do not hit your head on the concrete.  

We will disregard the fact that you are not 75 years old and that it isn’t a surprise to you. 



You are focusing on his age (which might not be obvious in that precise situation, but that's irrelevant) and disregarding the fact that the shouldn't be there in first place much less approaching forward an anti-riot unit that is clearing the place.

You can argue that maybe curfews shouldn't ever be issued or that anti-riot teams should not exist. Ok, but they do, and they were following orders. Or do you really think the fall/injury was intentional?

This is orders of magnitude away from the George Floyd murder circumstances. Yet some people (and politicians) are trying to put both in the same balance.
235  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 06, 2020, 01:40:57 AM
The Buffalo Police Union boss says that the 75 year old was injured because he “tripped and fell”.  

In fact he did, right after he was simply pushed away. It was clearly an accident, not intentional (the fall nor the injury), even though he should have had more sense than to confront in any way an anti-riot unit that has orders to clear the place. With a curfew already in effect.

This only serves as a distraction to the clear and probably intentional MURDER of George Floyd... which probably is the reason why some politicians are giving it more importance than they really should.
236  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 01, 2020, 07:01:07 AM
https://twitter.com/_connerbrown_/status/1267311826003525633

Quote
This past week miners have sold 673 more bitcoin than were generated. We are seeing capitulation from inefficient miners, but prices are holding steady.

What do you think happens when these miners are finally shaken out?




How does he obtain that data? I am skeptical.
237  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 01, 2020, 06:57:22 AM
^ In this case it was common sense to comply with the orders. I am not even sure it really is illegitimate during a state of alarm. Putting yourself in unnecesary risk for not following a simple and not really harming order would be against all common sense.

If it really was illegitimate then complain/sue later (fight back).
238  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 29, 2020, 03:39:47 PM
<snip>
There are 65535 ports, some of them are standard, or reserved, like http (web, port 80) and https (web secure, port 443). Instead of "program" you refer to a communicating software like web servers as a "service".
<snap>

Sorry for being a total smartass, but I can't resist any further  Grin

To be correct there are twice 65k ports, each UDP and TCP.
And since I am being an asshat already, it is 65536 ports, 65535 is just the highest port, but we computer people start counting at 0.

* psycodad wanders off to make new friends elsewhere and murmurs something about not punching him in the face, belly is ok though.

But, but... port 0 is reserved and not really directly addressable (more like a wildcard, if anything) so there are, in fact, 65535 ports of each kind (tcp/udp).
239  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 28, 2020, 02:22:12 PM
This was a great time in the history of Bitcoin. You people should like what happens over the next few months.
You are not really helpful with your lame attempt at comedy, conclusory living in a fantasy-land sorcery wanna-be assertions.

I don’t have the time to try to convince you, sorry.

How old are you? Were you alive during the first halvings? Did you manage to hodl all the time or did you do a mindrust some time on the road? We wanna know.
240  Other / Meta / Re: Last of the V8s Merit Source Application on: May 26, 2020, 03:35:25 PM
The weird thing is that V8 wasn't a merit source since long time ago. In fact I thought he were. Theymos this needs to be fixed asap, he has been a dedicated member and great asset to the forum for years and I am sure he will continue to be even better as a merit source.
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