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621  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 10, 2022, 06:07:24 AM
CDBCs vs Bitcoin is a very interesting discussion to have.  There are pros and cons to both.  And to different sorts of users.

[...]

Pros and cons to both..

fuck that nonsense...

[...]

You are, as you tend to do, inferring things I do not mean.

[...]

Well, don't say it then.

[...]

Jay, cAPSLOCK does not like CDBCs, he's just being realistic...
622  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 09, 2022, 08:15:59 AM


After a massive surgery last year…. 8 March 2022 will remembered when losing my best friend.

Really sorry to hear that, dude... Never had a dog (or any pet) in my life, so I don't have personal experience, but I know they can be very loyal friends, certainly more loyal than humans. It's so tragic that their lives are so much shorter than ours, so every owner should know that this will eventually happen -- but it still doesn't lessen the pain... All the very best, stay strong.

Been really busy with work lately, no time to post here in WO, but I do enjoy reading you guys, even with the OT war discussions going on. Like you, I don't pretend to know what's really going on behind the scenes in the Russo-Ukrainian conflict, so I keep quiet and read all comments here and elsewhere. In any case, and whoever is to blame (probably both sides, to varying degrees), killing and displacing innocent people surely is something very sad to see, in this day and age. I do hope it gets resolved soon.

O(n)T: I see King Daddy is making a move again, almost $42k as I type. Onwards & upwards, $50k soon, ATH in the summer, 6 digits by Christmas.

HoDL.
623  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 06, 2022, 11:24:12 AM
[...]



Time really flies as we observe $39k  Wink

Has anybody done a wellness check on Mr. Schoen?? I have concerns...

[...]

He's making NFTs out of his tweet, and selling them!  Cheesy



Tweet: https://twitter.com/GregSchoen/status/1489677327235788805
NFTs: https://opensea.io/collection/gregschoen-1700-btc-tweet
624  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 03, 2022, 11:24:02 AM
So my wife just tested positive for COVID, I've tested and am negative. Slightly worried for her as she has a very weak immune system but she's vaccinated so hopefully help in that regard. Fun times.

In BTC news, been a good couple days price wise, anyone who sold over the last few weeks would be feeling pretty stupid right now

Forget COVID-19, now we have RUVID-22...

Jokes aside, wishing your wife a speedy recovery. Everything should be fine.
625  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 02, 2022, 05:56:47 PM
great little blurb by Natalie Brunell on FoxNews

+1 WOsMerit      this is the way

https://twitter.com/natbrunell/status/1498768351341940736

Last phrase: "Bitcoin has very defined rules, but no rulers."

Go girl!
626  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 02, 2022, 04:12:59 PM
Denazification and human rights lessons, by a leader who routinely murders/poisons journalists that dare to criticize him...

List of journalists killed in Russia under Putin
627  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 01, 2022, 06:39:13 PM
First strike capability is just that...the ability to launch a preemptive attack before a conflict is initiated. Wargaming this scenario would be launching a surprise attack with the intent of reducing or eliminating your opponents ability to respond.

[...]

"In nuclear strategy, a first strike is a preemptive surprise attack employing overwhelming force. First strike capability is a country's ability to defeat another nuclear power by destroying its arsenal to the point where the attacking country can survive the weakened retaliation while the opposing side is left unable to continue war."

Source: Wikipedia — Pre-emptive nuclear strike

In other words, first strike capability is not merely to be able to strike first, but to also be able to defeat the enemy and survive the retaliation.
628  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 01, 2022, 12:07:38 PM
Didn't someone recently predict that we were going down to $25k?  Kiss

HoDL.

Down to $25k were the conservative ones... and they said it was "for sure," too.

Many of us know that it is only "for sure" after it already happens rather than before-hand.

Sure, a mere 4-hour bump of $3.5k from $38k to $41.5k (as I type this post) is nothing in which we can absolutely rest our laurels.. and I am still not going to start to feel comfortable until getting above $46k for a day or so... .. even if we were to have a $20k week candle (or maybe a 3-day) (seems like a fantasy to be thinking about 50% up, no?)... there needs to be some sustainability.. even though those kinds of moves do cause some price cushion and do end up costing those who want to try to expend capital to push the BTC price back down to its earlier lower levels.

Bitcoin's recent price performance, amidst the Russo-Ukrainian conflict, certainly serves as yet another confirmation of the sheer strength and robustness in its design. I'm fairly confident that prices of $25k, and certainly those below the 200-Week Moving Average indicator (currently at $20k), will never be visited again, thereby affirming the current "fuck-you" rich status Bitcoin threshold at 100 BTC.

In fact, and this is purely a SOMA guess, I expect Bitcoin to pleasantly "surprise" us this year, with prices exceeding ATH, and possibly nearing 6-digit territory. This will gradually lower the above "fuck-you" rich status threshold, thus giving more hope of attaining such status to the octopuses, crabs, and other low-end marine species out there.

Studying the history of the 200-Week MA indicator, it can be seen that there is at least an order-of-magnitude (10x) increase in its value roughly every 3.5 years. Assuming that this trend will continue, one can expect its value to reach about $200k in early 2026, at which point owners of a mere 10 BTC can safely attain "fuck-you" rich status and start seriously enjoying their Lambos, hookers & blow.

tl;dr: In 2026, 10 BTC = "Fuck-You" rich. <--- mindrust could have been there. Make sure you are!
629  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 28, 2022, 04:15:10 PM
Didn't someone recently predict that we were going down to $25k?  Kiss

HoDL.
630  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 26, 2022, 08:28:07 PM
And the coloured glasses still have their lenses swapped...

I have no idea what you're talking about Wink

That's the discussion we had last year about the coloured glasses:

I just noticed that those green/red glasses in the ChartBuddy pics have their colors the wrong way around. They don't match the sides of the chart line colors. And if the guy in the avatar wears them, he won't be able to see shit.

Actually, it may not be wrong... I need to read more on Anaglyph 3D. Is ChartBuddy really a 3D image? I don't have (never had) such glasses to try. Can Richy_T clarify?

Dang no, you're correct. And I'm usually so particular about the side. I believe those were once used in the avatar and would have been facing the other way I think so it seems I got lazy.

Chartbuddy is not actual 3D, merely a projection. Though I have created an actual 3D version in the past. The 3D affectation is mainly because the sides are red and green.



You have a good point on the axis though. It seems that liquidity has dropped below the lowest division on the axis so it's no longer represented. I'll have to add some auto-scaling there. The price axis also appears to have become quite stretched out while most of the action is happening in the middle. I'll have to think about that as I wouldn't want to truncate any large price swings. Not too sure about the labeling as it's supposed to be a thumbnail but there's probably room to tweak that a little.

Auto-scaling is what I was thinking too. Also, you could try tilting the depth "plane" so that it is a little closer to horizontal, while increasing the z-axis size. This would make the 3D depth chart a bit "thicker" and emphasize the walls. Just some ideas...

In any case, ChartBuddy is surely a part of WO and I enjoy it as a kind of "WO heart beat" so to speak. Maybe the reason I'm not paying so much attention to the numbers is because I have a Bitstamp window always open next to WO, so my eyes tend to automatically look there for prices.
631  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 26, 2022, 03:36:55 PM

We can't start having mutiple bots spamming but if everyone wants it added you wouldn't have an issue adding it would you?


I agree but that kinda depends on how that would work. (Though I'm not sure how I feel about adding it over all. Just saying that it's not completely trivial. I think there would need to be a consensus that people wanted it).

Absolutely and I would vote against it but that doesn't mean I wouldn't want it to have a chance if others wanted it.

Here's my opinion on the matter. NO MORE FUCKING BOTS!!!

Unpopular as this opinion may be, I agree with Arrie here...

ChartBuddy is just a big blob on my screen. I never look at the numbers, and I find the 3D depth chart unintuitive/pointless (perhaps due to scaling and/or way of presentation). No unit in prices ($, £, €), and axis font sizes that are almost unreadable without clicking. And the coloured glasses still have their lenses swapped...

I do like to see it though, but not to actually read the data in it, but just as a kind of "WO Ping"...
632  Economy / Speculation / Re: NSA-linked Bvp47 Linux backdoor widely undetected for 10 years on: February 25, 2022, 11:13:48 AM
Quote
A report released today dives deep into technical aspects of a Linux backdoor now tracked as Bvp47 that is linked to the Equation Group, the advanced persistent threat actor tied to the U.S. National Security Agency.
Quote
Some components in the Shadow Brokers leaks were integrated into the Bvp47 framework - “dewdrop” and “solutionchar_agents” - indicating that the implant covered Unix-based operating systems like mainstream Linux distributions, Juniper’s JunOS, FreeBSD, and Solaris.

https://www.bleepingcomputer.com/news/security/nsa-linked-bvp47-linux-backdoor-widely-undetected-for-10-years/

“dewdrop” and “solutionchar_agents”... Damn, you've got to love the way they name these exploits.

Another confirmation of the fact that there's only one way to ensure complete privacy/anonymity/security: stay offline & use a paper wallet. Jimbo knows.

The attack vectors on mainstream operating systems is so wide no one person can battle them all anymore.

True... If backdoors and implanted code can be present in open-source operating systems for such a long time without being detected, just imagine what could be present in a closed-source OS, such as Windows... I don't think any currently available OS, even Linux, can be trusted.

I use the data encryption s/w VeraCrypt (the successor of TrueCrypt), which is open-source (obviously, or I would not trust it), but I do not have the time and possibly the capability to go through the code line-by-line to verify that there are no backdoors. Researchers/experts worldwide are supposedly scrutinizing the code for such malicious content and will report any findings, which reassures me, to a degree, but it looks like such malicious code could be obfuscated in such a way as to avoid detection for a long time.

Seems like nothing can really be called 100% secure... Maybe a one-time pad... Or Bitcoin.
633  Economy / Speculation / Re: NSA-linked Bvp47 Linux backdoor widely undetected for 10 years on: February 25, 2022, 07:19:33 AM
Quote
A report released today dives deep into technical aspects of a Linux backdoor now tracked as Bvp47 that is linked to the Equation Group, the advanced persistent threat actor tied to the U.S. National Security Agency.
Quote
Some components in the Shadow Brokers leaks were integrated into the Bvp47 framework - “dewdrop” and “solutionchar_agents” - indicating that the implant covered Unix-based operating systems like mainstream Linux distributions, Juniper’s JunOS, FreeBSD, and Solaris.

https://www.bleepingcomputer.com/news/security/nsa-linked-bvp47-linux-backdoor-widely-undetected-for-10-years/

“dewdrop” and “solutionchar_agents”... Damn, you've got to love the way they name these exploits.

Another confirmation of the fact that there's only one way to ensure complete privacy/anonymity/security: stay offline & use a paper wallet. Jimbo knows.
634  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 24, 2022, 10:19:48 AM
Signal of what?
Buy!!!!

Sadly we are more concerned about the bitcoin prices and not worried about the innocent people dying because of this situation.

How cruel are we !!!

yes very sad... but... what about people of Afghanistan, Iraq, Syria, Yemen... you want to count deaths? people falling from skies alive...surely we forgot. No one sorry on this? or the world does not count these nations as "humans"?

Well I don't want to start a debate and I'm also not supporting any war.. but truth is this world is not concerned about "people's" death anymore.

What they did in other part of the regions which you mentioned is also wrong and innocent people's lives were gone. But this does not mean that we become selfish and now see Ukraine people die.
We never know one day, we are in the war region and the world will be taking positions on bitcoins, giving buying signals on our deaths. Sad

Simply expressing our concern and start crying about the situation in Ukraine will not stop deaths.

Observing Bitcoin price does not mean we are not concerned or we condone suffering or loss of life in any conflict.
635  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 24, 2022, 09:54:22 AM
Frankly, I don't see what all the fuss is about, in relation to Bitcoin price. Exactly one month ago (24 Jan 2022) price dipped BELOW where we are now ($32,951 vs. ~$35k). And there was no WW3 back then...

Weak hands: pissing their pants and selling...
Strong hands: buying the dip and HoDLing!

To those worried, stressed and sweating about price action: seriously, guys, you must be new to Bitcoin.
636  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 23, 2022, 04:23:56 PM
If this guy isn't a cosplayer then this might be one of the most positive things I have seen in quite some time as far as I am concerned.  It's a little off topic WO style, but at the same time this guy is a huge bitcoinner, and most likely an intel asset aimed specifically at the "toxic bitcoinners" on twitter.  

But if there IS a good team in what's left of the compromised US government this guy would be on it.

There will be some of you that understand what I am talking about here, and others who will write me off as a "qanon" type.  IDGAF.



Thanks for this. I Googled about him, and came across an interesting article:

Trustnodes — Bitcoin is a War Deterrent and in the Interest of US National Security Says Space Force Engineer

Quote:

[...]

Bitcoin is an invention that attempts to implement the ideal form of property – one that perfects its function of storing energy, and one that must necessarily exist in the ethereal, nuclear-annihilation-resistant void of cyberspace in order to return society to its instinctively “fair” method of consensus. To that end, the Bitcoin protocol not only represents a candidate solution to perfect property, it also doubles as a candidate social consensus protocol that obsoletes war by serving as its functional surrogate…

War is the globally adopted Proof-of-Work social consensus protocol that nodes (countries) use to validate the legitimate state of property and its chain of custody. Militaries project force across time (i.e. energy) in a fundamental game of probability to trigger a capitulation event. This is functionally identical to Bitcoin PoW miners projecting energy to probabilistically trigger the end of each block.

The reward for militaries that succeed in probabilistically triggering capitulation, is that participating nodes (countries) will grant consensus to the military host’s claim over what the legitimate state of property is. Thus, the history of warfare (and its corresponding chain of custody) is literally just a PoW-backed blockchain. Ever noticed how the reserve currency (i.e. the globally-legitimized state of property) belongs to the country with the most powerful military? That isn’t a coincidence. Society instinctively values PoW as the “fair” consensus mechanism.

[...]
637  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 23, 2022, 09:04:39 AM
Happy birthday, sirazimuth!

Looking fwd to your next creation...
638  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 22, 2022, 11:03:00 AM
This is a BTC-only thread, and rightly so. But it's interesting to compare and contrast Bitcoin's performance against other cryptocurrencies (a.k.a. shitcoins), so that those who are still attracted to them can see sense and go back to King Daddy Bitcoin.

The recent comments on BCH/BSV prompted me to do a performance comparison of Bitcoin vs. a few shitcoins I owned in my early years in the scene. Right after the BCH fork (late 2017, about 4.5 years ago), I decided to sell everything non-BTC I owned and convert them all to BTC. I won't mention the amounts I owned (irrelevant to the analysis), but just spot prices then and now. On to the numbers...

Coin Name         Value on 21-Aug-2017   Current Value   Change
---------------------------------------------------------------
Bitcoin (BTC)          $4,002             $37,111         +827%
Bitcoin Cash (BCH)       $600                $283          -53%
Litecoin (LTC)            $48                $103         +115%
Monero (XMR)              $78                $144          +85%
Ripple (XRP)               $0.19               $0.69      +263%
Stellar (XLM)              $0.020              $0.18      +800%
IOTA (MIOTA)               $0.91               $0.72       -21%
---------------------------------------------------------------
BTC 200-Week MA          $689             $19,911        +2790%


Of all the coins listed above, Bitcoin (BTC) is the clear winner, even now, during a relatively large dip. Only Stellar (XLM) shows comparable spot price performance, but that is solely due to the special circumstances around this shitcoin (extremely low starting price, virtually no prior activity, a divide-by-zero case), and is unlikely to be repeated in the future — a clear outlier. The winning case for Bitcoin is also clearly revealed by observing the 200-Week Moving Average indicator, which has increased by a whopping 2790% (almost a 30x gain).

Once more, Bitcoin has proven to be the clear, undisputed winner, even at times of large dips, such as the one we're currently going through.

Lesson learned: Stick with Bitcoin, get rid of all shitcoins littering your stash, convert to BTC & HoDL.

Sources:
Spot prices: CoinMarketCap — Cryptocurrency Market Capitalizations
BTC 200-Week MA: LookIntoBitcoin — 200 Week Moving Average Heatmap
639  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 21, 2022, 11:39:28 AM

[...]


BCash is actually lower in price now than it was during the flippening. Everyone should have dumped it back then immediately.

Exactly. I wonder how BCH/BSV holders feel now...

HoDLing BTC, and only BTC, has proven, time and time again, to be the optimal strategy. Simple recipe, few ingredients, great profits, and support for a greater cause. Just add time.
640  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 20, 2022, 02:13:36 PM
Given everything going on in my life, managing a LN node is more negative, parasitic energy that has complicated my life beyond any rational measure.

I need to step away, for my own mental health and sanity.

Geez - I've been away for several quarters, and the news don't change. AKA history repeats

Managing high end technology issues -which will be resolved irrevocable in the foreseeable future- in Bob's current stressful personal life - he just needs a break to get things sorted- has nothing to do with supporting your beloved bCash SV, which has plummeted to oblivion, like we all expected it that history will repeat itself endlessly with all shitcoins. Giving that, youre shattered shitcoin dreams meets harsh reality while Lightning is vigorous flourishing in all metrics like never before.



Speaking of Bitcoin Cash (BCH), back in 2017, right after the fork, I got my BCH forked coins (as did all BTC HoDLers at the time), and was considering keeping them along with my Bitcoin, as a safety measure, in case BCH overtook BTC at some point in the near future (yes, I dared consider that possibility). I remember selling them (the BCH), and then changing my mind and buying them back. Eventually, I sold them all at an average price that was much higher than the current BCH price (!), and converted them to Bitcoin (BTC).

Had I kept my BCH from the 2017 fork, I would have ended up with a shitcoin that now has LESS value than it had then!

Instead, I sold all my BCH for BTC, thereby increasing my BTC stash by several whole coins, which are now worth one order of magnitude (10x) more than the price I bought them!

Lesson learned: Stick with Bitcoin, get rid of all forks (BCH, BSV, etc.), convert to BTC & HoDL.
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