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301  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 10, 2020, 03:17:53 AM
You can keep your liberties.  

Much as I would like to thank you for your magnanimous offer, I'm afraid that my fellow 'merkins -- many of them at least -- would rather cower under a benevolent boot than take responsibility for their own well-being. And accordingly are making an irresistible force determined to throw away their liberties - with mine thrown right out in the process.

As for myself, I'm perfectly capable of limiting my exposure to disease vectors on my own volition.
302  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 10, 2020, 03:11:18 AM
Post this 2020 halvening miners will cease to be the biggest sellers of Bitcoin. It'll be the dawn of the crypto exchange as the leading seller.

The biggest sell pressure on Bitcoin will soon be from exchanges selling their BTC fees collected into fiat.

https://twitter.com/woonomic/status/1258966521071599616?s=21


BUT: When the bitcoin price doubles, and trading volume stays the same, the exchange trading fees selling pressure in bitcoin halves.

Second I think over time there will be pressure on trading fees collected by the exchanges, as mentioned in one of my previous posts. 0.5% and higher is insane and not sustainable in a competitive free market environment.

Use maker taker

If you are not the maker, you are doing it wrong

Does it just mean placing your sell above the price? or something more elaborate?

Thanks

That, or placing your buy below the current market price at time of order entry.

with market price being the lowest ask or LAST trade?
Binance, kraken and Coinbase say that maker is the order that is not immediately executed.

Lowest ask. If you are the maker, you make the market come to you. If you are the taker, you take the current offer.
303  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 10, 2020, 01:10:53 AM
Surrender to the virus and you also surrender your economy.  

OTOH, surrender your liberties and you also surrender to tyranny.

Incidentally, I don't doubt your rather rational conclusions about the effect of what you term 'opening early', as far as epidemiology goes. I just don't agree that the government of a free society has a legitimate authority to order the populace to stay in their cages.

As far as the effect upon Bitcoin, I'm not seeing such a causative factor.
304  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 10, 2020, 01:02:23 AM
Post this 2020 halvening miners will cease to be the biggest sellers of Bitcoin. It'll be the dawn of the crypto exchange as the leading seller.

The biggest sell pressure on Bitcoin will soon be from exchanges selling their BTC fees collected into fiat.

https://twitter.com/woonomic/status/1258966521071599616?s=21


BUT: When the bitcoin price doubles, and trading volume stays the same, the exchange trading fees selling pressure in bitcoin halves.

Second I think over time there will be pressure on trading fees collected by the exchanges, as mentioned in one of my previous posts. 0.5% and higher is insane and not sustainable in a competitive free market environment.

Use maker taker

If you are not the maker, you are doing it wrong

Does it just mean placing your sell above the price? or something more elaborate?

Thanks

That, or placing your buy below the current market price at time of order entry.
305  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 10, 2020, 12:59:29 AM
Post this 2020 halvening miners will cease to be the biggest sellers of Bitcoin. It'll be the dawn of the crypto exchange as the leading seller.

The biggest sell pressure on Bitcoin will soon be from exchanges selling their BTC fees collected into fiat.

https://twitter.com/woonomic/status/1258966521071599616?s=21


BUT: When the bitcoin price doubles, and trading volume stays the same, the exchange trading fees selling pressure in bitcoin halves.

Second I think over time there will be pressure on trading fees collected by the exchanges, as mentioned in one of my previous posts. 0.5% and higher is insane and not sustainable in a competitive free market environment.

1) Which exchanges extract their fees in BTC? Any?

2) If you are paying 0.5%, U R Doing it Rong.
306  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 08, 2020, 10:43:20 PM
This is a food distribution center (bread line) in Las Vegas.



I have to note that every single car there is much nicer and newer than anything I own.

Hm.

A possible interpretation is that people who have otherwise led comfortable middle class lives their entire life are suddenly on the bread line through no fault of their own.

Or maybe they did overspend in the car (and presumably other things too) if they don't have enough savings for at least a few months.

Why not? It's the mainstream consumerist 'merkin way.
307  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [BSV] [Bitcoin SV] Original Satoshi Vision on: May 08, 2020, 10:17:25 PM
And you again demonstrate your abysmal ignorance to the fact that a protocol is not the same thing as a software implementation. You seem to parrot this inanity at every opportunity, heaping yet another pile of rightful derision upon your ignorant ass. One might expect that a person with a modicum of intelligence, having this gaping hole in their knowledge pointed out to them repeatedly, would pause to actually learn something about the matter. But no. Not you. No, not you.

Congrats on taking 80 words to say nothing at all. You can't generate an actual counter-argument so you harp on some inane semantics that only matter to you. You don't get to decide what the end all, be all code behind Satohi's envisioning of the Bitcoin Protocol entails.

You keep trying to claim that a protocol is the same thing as a software implementation. You just look stupider and stupider every time you do so.

Quote
FWIW, BTC has indeed endured a hard fork - though it was back in the time before BTC, BCH, and then BSV each went their own respective directions. So it is irrelevant as a differentiator. But you still want to cling to 'soft forks only', don't you? Demonstrating yet another vector of your ignorance.

This is a straight up lie. But I expect nothing less from those who swallow the talking points of a pathologically lying cult leader without the slightest bit of reservation.

You seem to need a refresher. Go look at v 0.8.





Relevance? Zero.
308  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 08, 2020, 03:47:16 PM
Everyones shitting on the idea that we will bart down.. that just gives me more confidence that im right

Why? Because many experienced Bitcoiners think you're full of it?

Experienced bitcoiner =/= experienced trader

Note that your (in)equation obeys the reflexive principle.

The trail of the dead in Bitcoindom is populated with many conventional traders that think their previous success in other markets uniquely qualifies them to apply the same principles to Bitcoin.

Why does everyone keep assuming Im a trader who traded traditionals in the past?

In my case, it was the “ Experienced bitcoiner =/= experienced trader” retort.
309  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 08, 2020, 03:44:16 PM
I know that jbreher has a lot of respect and sympathy for members like jonoiv,

Not so much as I have respect for the truth. My support of jonoiv is to the effect that some here were repeatedly attacking not him/her, but a straw man misrepresentation of him/her.

The rest of your post is just too silly to bother responding to.
310  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [BSV] [Bitcoin SV] Original Satoshi Vision on: May 08, 2020, 04:00:56 AM
BSV is not a fork of BTC.

The funny thing is that you are not even wrong about that. BTC is a fork of Bitcoin.

Then where is the original? A "fork" implies an offshoot was made while the original continued onward.

BCH = hard fork
BSV = hard fork of hard fork
BTC = soft forks only

Satoshi-era builds are somewhat compatible with today's Bitcoin network. However, they are zero percent compatible with BCH and BSV networks.

One could argue that BSV is a fork of Bitcoin as well.

They could argue that but they would be wrong in every aspect.

However, it is the only such that has forked itself back into near compliance with the original definition (i.e. the definitive definition) of the Bitcoin protocol.

This is simply a tired talking point with no technical basis. Looking at the current BSV GitHub repository:

gmaxwell - 144 commits
deadalnix (Sechet) - 766 commits
sepa (Wuille) - 835 commits

Your coin was largely built by Blockstream and Bitcoin Cash devs, and it remains that way.

"BSV is set in stone, until we change it, again."

And you again demonstrate your abysmal ignorance to the fact that a protocol is not the same thing as a software implementation. You seem to parrot this inanity at every opportunity, heaping yet another pile of rightful derision upon your ignorant ass. One might expect that a person with a modicum of intelligence, having this gaping hole in their knowledge pointed out to them repeatedly, would pause to actually learn something about the matter. But no. Not you. No, not you.

FWIW, BTC has indeed endured a hard fork - though it was back in the time before BTC, BCH, and then BSV each went their own respective directions. So it is irrelevant as a differentiator. But you still want to cling to 'soft forks only', don't you? Demonstrating yet another vector of your ignorance.
311  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 08, 2020, 03:47:57 AM
Seriously? I know that most of the WOers have been following Bitstamp since the creation of the thread but... when did we make Bitstamp a "standard" for the price reference?  Roll Eyes

We didn't. JiGgly just likes to see him/herself type.
312  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 08, 2020, 03:27:19 AM
* BobLawblaw raises a beer and toasts the thread

HODL.

::clink!::
313  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 08, 2020, 03:16:56 AM
Everyones shitting on the idea that we will bart down.. that just gives me more confidence that im right

Why? Because many experienced Bitcoiners think you're full of it?

Experienced bitcoiner =/= experienced trader

Note that your (in)equation obeys the reflexive principle.

The trail of the dead in Bitcoindom is populated with many conventional traders that think their previous success in other markets uniquely qualifies them to apply the same principles to Bitcoin.
314  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 07, 2020, 07:31:44 AM

Looking at the plaintiffs' names, one can't help but wonder if this is another inside cointelpro job.

I can't quite make that connection. Smiley

NYT, Confessor, Song&Dance

Oh ... wait... I see you see it.
Nevermind....
315  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [BSV] [Bitcoin SV] Original Satoshi Vision on: May 07, 2020, 02:03:09 AM
However, it is the only such that has forked itself back into near compliance with the original definition (i.e. the definitive definition) of the Bitcoin protocol.

That is called regression with an attempted spin to try to argue that it is better

Well, no. There is no value judgement in my statement. It is simply a statement of fact.

Couldn't be a statement of fact.

U R So Dum.

Rly Rly Dum.

BSV has indeed forked. This is a fact. BSV's forking has brought it to near compliance with the initial definition of the Bitcoin protocol.

These are simple statements of fact.

That you keep asserting that this is non-factual just demonstrates how fucking deluded you are. Or maybe ignorant. Or maybe duplicitous. Or maybe just Rly Rly Dum.
316  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 07, 2020, 01:54:32 AM
Quote
Remember when the FCC tried to cover up fraud & fake comments in its #netneutrality
 proceeding? Journalists wanted to get to the bottom of this mess. The FCC told them go away. But a court just told the FCC to stop hiding from the press. So it’s time for the agency to come clean.

https://twitter.com/JRosenworcel/status/1256249670982041603?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1256249670982041603&ref_url=https%3A%2F%2Fwww.pcgamer.com%2Ffcc-loses-legal-battle-to-hide-ip-addresses-of-net-neutrality-comments%2F




Looking at the plaintiffs' names, one can't help but wonder if this is another inside cointelpro job.
317  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [BSV] [Bitcoin SV] Original Satoshi Vision on: May 07, 2020, 01:47:28 AM
However, it is the only such that has forked itself back into near compliance with the original definition (i.e. the definitive definition) of the Bitcoin protocol.

That is called regression with an attempted spin to try to argue that it is better

Well, no. There is no value judgement in my statement. It is simply a statement of fact.

Your statement, OTOH, is dripping with a false bravado driven assertion -- an assertion which is merely an (unfounded) opinion.

Now, it is true that I believe BSV's inherent attributes to be superior to BTC's current inherent attributes. And that very statement is indeed an assertion that it is better. But I had not made that assertion in the post to which you inaccurately responded.
318  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 06, 2020, 09:20:21 PM
On the weekly, we have 7 green candles in a row.  We are currently half way through the 8th... and, yes it is green too, so far.

Shouldn't we start to worry, a bit?

All this time, and you _still_ haven't internalized the sigmoid curve of adoption.
319  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 06, 2020, 09:18:34 PM

The world abandoned sound money.
320  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 06, 2020, 09:17:11 PM
why is wordy man so wordy

recursion

FTW
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