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1  Economy / Speculation / Re: Trump Pledges to Free Silk Road Creator Ross Ulbricht If Re-Elected on: Today at 03:48:15 AM
https://www.coindesk.com/policy/2024/05/26/trump-pledges-to-free-silk-road-creator-ross-ulbricht-if-re-elected/

Quote
“If you vote for me, on Day 1, I will commute the sentence of Ross Ulbricht to a sentence of time served,” Trump said during his Saturday night remarks at the Libertarian National Convention in Washington, D.C. “He’s already served 11 years, we’re gonna get him home.”

 Awesome.  Now free Assange!
2  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 25, 2024, 03:48:06 PM
So back to 1965 one kid named Alfred (long Italian name I am not giving out) was attacked by 7 dogs. He got 117 stitches he lived and the scars healed well as most bites were on his head. 3 or 4  Italian wise guys went to the hole and shot 17 strays to death. We never had a stray dog problem again.

Sometimes you've gotta clean up the vermin.

 Well, in Romania, that's never easy.  You have to fight with bleeding hearts, international NGOs and lawyers while people are regularly bitten, attacked and sometimes killed.  There's enough material I'm sure to write volumes about the bullshit in Romania around stray dogs.  Shortly after the fall of communism, lack of funding was the main stumbling block but any time there was an attempt to solve the problem, it would get bogged down in litigation and bureaucracy (thanks to international NGOs and assorted famous people) so the population of strays has waxed and waned over the years.  Sterilization and adoption just doesn't work once the problem gets so big.  There was a woman out for a jog who was killed by a pack of stray dogs just last year in the north-west of the Bucharest. Turns out she was attacked less than a year earlier in the same area but was saved by a couple of cyclists who happened to be nearby. (Why!?)  Romania needs a few "wise guys".
3  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 25, 2024, 12:09:45 PM

 Yeah, it's a strange coincidence.  His last thought was probably, "Guys, you're killing me here!" or more specifically,  「みんな、ここで私を殺すつもりだよ!」

Is that Google translate? It sounds a bit off.


 Yeah it was google translate and it doesn't have the proper tense.  How about this: 「みんな、あなたはここで私を殺しています!」

Disclaimer: My Japanese is not that up to date, so we get into borderline SOMA territory.

This version does sound better, but there's no exact equivalence between English present continuous and Japanese -しています form. Besides, there are still too many pronouns in the phrase. I suspect the passive form of the verb 'kill' with a "damage done" aspect and a subjective point of view may be more idiomatic - something like

結局殺されてしまいそうだ - "It looks like I'm getting killed"
おれ結局殺されちゃうよ。- "I'll end up being killed."






 Thanks!  I guess not everything from English translates well to other languages and vice versa.  Guess I should be careful trying to kid around when I travel in case "I'll end up being killed."  Wink
4  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 24, 2024, 06:48:07 PM
RIP Morgan Spurlock.
53 is no age.

Must have seen Supersize Me 10 times.
I never took it as gospel as I believe variety is the spice of life, but definitely ate McDonald's a bit less since.

Even though it’s unlikely that his experience documenting his McDonalds eating led to his demise as the only factor, but it’s still not a good look for McDonalds. Sort of him striking one last time from the grave. I just wish his documentary had a bigger effect on the industry. Food seems to have only declined further since the release of Supersize Me.

  RIP Mr. Spurlock.

 I wonder if it was all the fast food or the operation-warp-speed genetic modification that gave him deadly cancer.

 I think fast food in general has been on the decline since the introduction of the new weight-loss, miracle drugs.  Those people who used to frequent McD's et al no longer have the craving.
5  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 24, 2024, 06:38:31 PM

 Yeah, it's a strange coincidence.  His last thought was probably, "Guys, you're killing me here!" or more specifically,  「みんな、ここで私を殺すつもりだよ!」

Is that Google translate? It sounds a bit off.


 Yeah it was google translate and it doesn't have the proper tense.  How about this: 「みんな、あなたはここで私を殺しています!」
6  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 24, 2024, 01:08:20 PM



What is that a pile of Nigerian Prince Scammers?

Funny it is exactly the crowd I'd be expecting to be celebrating That Shitcoin!


 Clearly paid for by someone deeply committed to Ethereum.  Those pink-clad, crock-wearing guys could give a shit about it.
It beats the hell out of the new VanEck ad anyway.

https://x.com/vaneck_us/status/1793755768837251281


7  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 24, 2024, 12:21:19 PM

 Yeah, it's a strange coincidence.  His last thought was probably, "Guys, you're killing me here!" or more specifically,  「みんな、ここで私を殺すつもりだよ!」
8  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 24, 2024, 12:17:33 PM
I'm eating Bitcoin pizza day leftovers.  Why does pizza always taste better the next day?

There can be many reasons for the pizza to taste better the next day, such as: blah blah......

Well good effort dude, but to be brutally honest, the chatty AI dude's blah blah blah reply was slightly more interesting.

Buddy it’s not AI Cheesy

I'm eating Bitcoin pizza day leftovers.  Why does pizza always taste better the next day?

There can be many reasons for the pizza to taste better the next day, such as: If you eat hot pizza while making the pizza, the taste changes a lot. As I do, many times I put the food in the fridge and it turns out to be very cold and watery and it tastes great. Thus, if you keep the leftover pizza in the fridge after eating it and eat it the next day, the taste will increase because the pizza has a lot of ingredients in it, they will get more time in the fridge to mix and blend nicely. So it is very pleasant to eat. But everyone likes to eat the way they are used to eating. I also love to eat food the fridge.




Sapling.ai: 100% Fake

It is AI but you changed it to make less sense.

 Thanks for the sleuthing.  I can never tell if it's AI generated or not and I still haven't learned to read every new post before meriting.  It's a hard habit to break.
9  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 24, 2024, 12:02:31 PM
I'm eating Bitcoin pizza day leftovers.  Why does pizza always taste better the next day?

There can be many reasons for the pizza to taste better the next day, such as: If you eat hot pizza while making the pizza, the taste changes a lot. As I do, many times I put the food in the fridge and it turns out to be very cold and watery and it tastes great. Thus, if you keep the leftover pizza in the fridge after eating it and eat it the next day, the taste will increase because the pizza has a lot of ingredients in it, they will get more time in the fridge to mix and blend nicely. So it is very pleasant to eat. But everyone likes to eat the way they are used to eating. I also love to eat food the fridge.

 I'm not a fan of watery; usually I shake off any condensation from the lid of a refrigerated container and I haven't eaten cold pizza (much) since I was at school.  It takes like 10 minutes in a toaster oven but it makes a world of difference.  Cold beer - yes please!

 

The acid in the tomato sauce marinates both the cheese and the crust .

Same with tomato sauce that sits in the pot from sunday dinner.

It is always better on monday

 Now this is a good explanation.  I was thinking of the other foods that usually taste better the next day and most of my favourites include tomatoes in the recipe:
 lasagne, chili con carne (although it does taste pretty darn good after a day in the slow cooker), bolognese sauce... even Libby's (Heinz now I guess) deep-browned beans in tomato sauce


You just gave me inspiration for my next Sunday haiku lol. It's true, depending on where you get the pizza or how you make the pizza, it can definitely taste better the day after. Especially if you warm it up in the oven again and it becomes super charred and crispy mmmm. Sometimes eating it cold is dope too!


 Nice to hear I've inspired someone. Thank you.


10  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 24, 2024, 11:38:21 AM
Awww!

 https://www.marketwatch.com/story/japanese-dog-who-inspired-cryptocurrency-dogecoin-dies-aged-18-e95f9a61

 

RIP Kabosu.
11  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 24, 2024, 02:56:31 AM
I'm eating Bitcoin pizza day leftovers.  Why does pizza always taste better the next day?
12  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 23, 2024, 06:09:20 PM

 That's going to be one hell of a green dildo!
 by The Weekend
13  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 23, 2024, 01:54:32 PM
@BitcoinMagazine
800 billion Standard Chartered says Bitcoin is expected to hit a new ATH by the weekend.

 
https://twitter.com/BitcoinMagazine/status/1793560294670905615

Standard Chartered Analyst Says Bitcoin Is Set For A New ATH Above $73,700, You Won’t Believe The Timeline


Analysts from leading international cross-border bank, Standard Chartered have made a bold prediction that Bitcoin could witness a significant rise to new all-time highs above $73,700. This projection, slightly higher than the cryptocurrency’s previous peak, comes with an unexpected and wholly ambitious timeline.

Bitcoin Poised To Reach New All-Time Highs

Geoff Kendrick, Head of EM FX Research, West and Crypto Research, Standard Chartered, has made a bullish prediction for Bitcoin, the world’s largest cryptocurrency. In an email to TheBlock, Kendrick stated that Bitcoin is poised to break out of its previous all-time high on March 14, 2024, to witness a massive surge to approximately $73,798.

The analyst has projected a rather grandiose timeline for this bullish rally, expecting Bitcoin to hit the forecasted price target by the weekend. Kendrick attributed this potential price increase to the recent inflows into Spot Bitcoin ETFs.

Earlier on May 21, data from Farside investors indicated that Spot Bitcoin ETFs had recorded their best inflow week in the last two months. The digital asset saw over $305.7 million in inflows, with BlackRock’s Bitcoin Trust ETF (IBIT), amassing the largest inflows of $290 million.

Cumulatively, Spot Bitcoin ETFs have recorded inflows of more than $13 billion from its launch on January 11 to the present. This increased demand and influx of capital which had been a major contributor to Bitcoin’s previous rise to a new all-time high in March, could propel fresh surges for the cryptocurrency.

Kendrick has also disclosed that the possible approval of Ethereum Spot ETFs by the United States Securities and Exchange Commission (SEC) could have a significant impact on Bitcoin’s price dynamics. The analyst has doubled down on his previous price prediction which anticipates Bitcoin’s rise to $150,000 by the end of 2024 and a whopping $200,000 increase in 2025.

https://www.tradingview.com/news/newsbtc:9207f85ab094b:0-standard-chartered-analyst-says-bitcoin-is-set-for-a-new-ath-above-73-700-you-won-t-believe-the-timeline/


 xhomerx10 reads clickbait article - you won't believe the inaccuracies!

 I've read through that article until my brain hurt.  While it appears to be written in English, it's difficult to make sense of it and I fail to see where anyone predicts an ATH by the weekend (any weekend for that matter).  Perhaps the "journalist's" handle is "The Weekend" and headline was supposed to read:

800 billion Standard Chartered says Bitcoin is expected to hit a new ATH
by The Weekend

 or... maybe I need to take my meds.
14  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 23, 2024, 01:45:39 PM

Better doing that than "In the world today: BREAKING NEWS!"
We have these platforms such as X (nobody calls it twitter expect for stuffy old people) to get our r n' d as the simpletons like to call it, who go around wearing trucker hats thinking they are cool but they are just red necks who like to yell that the world is ending.

Oh look Roll Eyes:

https://x.com/BitcoinNewsCom/status/1793311751573795183

It's a shitcoin, we get it. But it's all blockchain bruh.
Deal with it.


 I only really had an issue with the 3/4 page of bold text you posted.   Why you gotta be so rude?

 edit: Oh!  rnd(Twitter Guy) was supposed to be interpreted as a random function rather than (sic) r n' d

<-- isn't that yours?
15  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 23, 2024, 12:23:06 PM
Did something happen to Bitstamp TradeView?

https://www.bitstamp.net/market/tradeview/

I get an empty white area with an empty black bar instead of a chart...

Where do you get your Bitstamp charts from? No, ChartBuddy doesn't count.

 Hmmmm... it's working for me.
 I normally use:
  https://bitcoinwisdom.io/markets/bitstamp/btcusd
 for no particular reason - just out of habit I guess.
16  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 23, 2024, 02:33:10 AM
Some people are getting all worked up over a possible Vitalik tardcoin ETF.
Now they're talking about dogshitcoin ETFs.
What's next? NFT ETFs?
NFT ETF Futures  Cheesy
WOW! AMAZING! Can I lose all of my money with this? -every tardcoiner ever
You can and will in these murky waters called the cryptoworld or as many have seen today the panderverse of what Biden and his handlers have done a 180 of their views on cryptocurrency towards the political landscape to gain those 85 million Americans who hold crypto (Think Novogratz math is wrong. There are more people who own dogs with an average of 3 people per household  Embarrassed) so to gain the power of cryptoholders in their favor.

Kucoin will be listing one called gayelon as it was announced earlier today.
https://cryptodaily.co.uk/news-in-crypto/crypto-intelligence:gay-elon-musk-gayelon-to-skyrocket-14000-as-kucoin-listing-announced-while-shiba-inu-and-dogecoin-struggle
So make any sort of seriousness from that as you will but those same who will buy that one are the same ones hoping for a SH*TCOIN ETF to be approved.

Here is a rather interesting post on X which just happened come up on my landing page earlier, before the passing of the FIT21 bill just several hours ago:

"it's time for bitcoin to start competing (aka how to cope with the ethereum ETF, and my predictions for bitcoin)
yesterday was the most important day in bitcoin's recent history. yes, i actually believe that. way more important than bitcoin's own ETF approval. and way more important than predetermined halving dates.

yesterday the cultist dogma of saylor and his low iq laser-eye friends died.

people who only exist on twitter may not know this, but some of the largest bitcoin holders in the west, who i had the extreme displeasure of interacting with offline in the last year, ACTUALLY BELIEVED the conspiracy theory that ETH is an unregistered security and would never have a spot ETF.

(saylor even proudly said that on-stage and on-camera just a few short weeks ago at his own conference)

they ACTUALLY BELIEVED that bitcoin's victory is preordained, that it will never have any competition, that there is no second best.

they ACTUALLY BELIEVED that any change or upgrade is haram because bitcoin is perfect as is and will never have any other competitors.

they ACTUALLY BELIEVED that wall street only likes pet rocks with no vision and no roadmap.

all of that died yesterday, as rumors came out that an ethereum ETF is likely to be approved as soon as tomorrow.

let me be very clear. for the bitcoin maxi regime, this is a devastating blow. i am not referring to the broke laser-eyes on twitter. i mean the very leadership of the cult. those are people who have a lot of vested interest in preventing what just happened. and they lost.

they're licking their wounds today, but the damage is done. they're not coming back from this. their fandom will abandon them. all of their plans were foiled one fair morning and nothing will ever be the same.

this leaves bitcoin at somewhat of a pickle.

the strategy so far has been to count on regulators to stifle competition, and that strategy has now fully failed.

most bitcoin holders are not bitcoin maxis, but they do have to live with the failures of the maxi regime. the lack of vision is going to become a problem now that bitcoin has to compete on equal grounds against the rest of the crypto assets.

a network that doesn't will suffer a lot of outflows. and as it currently stands, bitcoin barely flexed its innovation muscles at all in years. if it wasn't for the orange tsunami started by ordinals last year, i'd say we would've been in dire straits right now.

thankfully casey rodarmor did offer bitcoiners a glimmer of hope, and there is a small ecosystem starting to innovate around bitcoin in the last 18 months.

here are my predictions for what's going to happen with bitcoin in the next 24 months:

1. we're going to see the vast majority of bitcoin stakeholders rally behind "bitcoin season 2". this will happen faster than people think, probably in a matter of weeks.

once the ethereum etfs become a done deal, bitcoiners will be feeling the heat. they will not turn to podcasters again. they will turn to builders. builders bring about progress and new narratives, and that's what every bitcoin holder is going to want to see to stop the outflows from bitcoin etfs to ethereum etfs.

expect to see bitcoin stakeholders such as mining pools, bitcoin VCs, exchanges, etf issuers etc toss the old laser-eye narratives and fully support bitcoin season 2.

2. ordinals going mainstream: i expect a big push from most bitcoin stakeholders, including those who previously opposed them, to make ordinals way more popular. as the digital version of luxury goods, bitcoiners will see ordinals as a trojan horse similar to ethereum NFTs in 2021, and many public-facing narratives will shift towards the collectible use case, at various price points.

after a period of early adoption, NFTs eventually helped onboard a generation of new ethereum users in the previous cycle, and I expect bitcoin whales will give in soon and attempt to use this narrative to onboard new bitcoin users as soon as the ethereum ETF goes live. the competition over flows is going to be fierce, and the bitcoin whales would not want to lose.

3. cross-chain BTC: one thing that early ordinals adopters learned last year, is that trading is a lot more satisfying when the price is BTC, as opposed to some shitcoin.

sure, we can trade whatever we want in the casino, but when the final reward of a successful trade is more BTC in your wallet, there's something really special about that.

those who tried it with ordinals swear by it, and as ordinals become more mainstream -- see (2) above -- many more will be exposed to that concept.

meanwhile, chains like solana are vulnerable: there is no real reason for people to denominate their casino winnings in SOL, even if they use solana for infrastructure.

BTC and ETH will increasingly be seen as the most established and desirable assets in crypto for long term holdings, and as such i think an opportunity will open for encouraging the use of BTC the asset as the preferred asset on other chains like Solana, BNB, etc.

basically, a replacement for stablecoins. bitcoin has a real opportunity to capture mindshare in this area, as ethereum is unlikely to focus on it and will instead focus on its own L2s.

i think it's very likely that within 12-18 months, most phantom wallets will be denominated in BTC while operating in solana.

4. turbo-charged bitcoin wallets: this brings us to wallets. one of the things i learned about early bitcoin season 2 adopters is that they really care about layer 1 bitcoin assets.

they like BTC itself and they like ordinals. and maybe runes.

they DO NOT like assets on so-called "bitcoin L2s". if they'll use L2s, they'll do so transparently, without knowing it happened, and only with L1 assets like BTC itself and ordinals. no one wants assets that only exist on "bitcoin L2s".

i think this presents an opportunity to rethink wallet UX, something that ethereum clearly got wrong. bitcoin season 2 wallets will focus on the assets, not on the networks. users will be able to use their BTC or ordinals transparently across networks (be it mainnet, lightning, "L2s", "rollups", solana, etc). this is what the ethereum L2 UX vision was, but never happened. bitcoin has an opportunity to do this right faster than the competition.

5. consensus upgrades. if anyone had doubts before, yesterday's events should have removed them. an ethereum ETF is the most bullish thing imaginable for the OP_CAT upgrade.

stakeholders were already rallying behind it, but now with bitcoiners under the gun again, any last holdouts should be removed quickly. OP_CAT is a very simple and non-disruptive upgrade, and thankfully it's already well-researched and well-tested.

i expect activation will be swift to allow builders to start experimenting with CAT-based off chain constructs that will allow bitcoin to compete better, without risking any of its fundamentals.

after this small change proves to have positive impact, i expect we'd start seeing more frequent consensus upgrades to allow bitcoin to continue to innovate into the future."


source: https://x.com/udiWertheimer/status/1793008881192358380


 
17  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 22, 2024, 09:56:44 PM
Approximately $700,000,000 for 2 pizzas

Fuck

 At least he got more than a lick of it.

 

edit: ordered my pizzas!
18  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 21, 2024, 01:36:32 PM
Suddenly been reading a lot of post saying
Donald Pump  Roll Eyes
dude's been bullish on Bitcoin lately 😁
Meanwhile 😊

It's good to know that he's gradually coming to the winning side.
Who knows his view on Bitcoin at $71k now?

Road to $100k coming faster and faster than ever before🏆

 2019 isn't "meanwhile" it's ancient history in terms of Bitcoin.  Muse over this Michael Saylor tweet from 2013:

#Bitcoin days are numbered. It seems like just a matter of time before it suffers the same fate as online gambling.
Michael Saylor (@saylor) December 19, 2013

 Meanwhile is for recipes ie.

3. Bring water and rice to a boil in a covered saucepan. Then, reduce the heat to low and let it simmer until the rice is tender - about 20 minutes

4. Meanwhile, check BTC price on stamp and check for new posts in Bitcointalk.org's Wall Observer thread.

 

If you use garlic to season the rice, the tip is, wash your hands under running tap water... don't rub, leave your hands still... this way the garlic smell comes out easily


https://cointelegraph.com/news/bitcoin-shorts-risk-liquidation-at-74k

"The Bitcoin price is currently just 3% away from its all-time high (ATH) of $73,750. However, if it continues its current bullish momentum and posts a new ATH above $74,300, it would trigger the liquidation of nearly $1.45 billion in short positions"

 Cheesy

This is going to be beautiful... free fuel for the bit-rocket, paid for with the money from those sold... it couldn't be better

 The smell of fresh garlic cooking wakes me up from a deep sleep and while the odour persists, I cannot get back to sleep.  It was devastating between night shifts so I had to ban it from the house.  While I don't believe I am one, I can sympathize with vampires.
19  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 21, 2024, 01:15:11 PM
Suddenly been reading a lot of post saying
Donald Pump  Roll Eyes
dude's been bullish on Bitcoin lately 😁
Meanwhile 😊

It's good to know that he's gradually coming to the winning side.
Who knows his view on Bitcoin at $71k now?

Road to $100k coming faster and faster than ever before🏆

 2019 isn't "meanwhile" it's ancient history in terms of Bitcoin.  Muse over this Michael Saylor tweet from 2013:

#Bitcoin days are numbered. It seems like just a matter of time before it suffers the same fate as online gambling.
Michael Saylor (@saylor) December 19, 2013

 Meanwhile is for recipes ie.

3. Bring water and rice to a boil in a covered saucepan. Then, reduce the heat to low and let it simmer until the rice is tender - about 20 minutes

4. Meanwhile, check BTC price on stamp and check for new posts in Bitcointalk.org's Wall Observer thread.

 
20  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 20, 2024, 08:03:53 PM
Come on ChartBuddy - we follow Bitstamp around here.

edit: It's been north of $70k since 2000 GMT
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