Wall Observer BTC/USD - Bitcoin price movement tracking & discussion

[ChartBuddy]

Coin



Explanation

[1714690432]

1714690432

[aztecminer]

The logarithmic uptrend is broken on the five year chart.  If you wanna zoom out, zoom out motherfucker. It's the scalability problem.  It's gotta get a lot worse before it gets better (IF it gets better) because some people are so stupid, they require an extreme amount of pain before they learn anything. 

You're not trading efficiency for censorship resistance. Majority mining power is concentrated in one country with a totalitarian government. The People's Bank of China has a million man army behind them and they could take over our network with a few phone calls.  The only reason Bitcoins functions is because the ChiComs LET it function. That  battle has already been lost. So smallblockers want to keep bitcoin from scaling for NO REASON!

So we're going down or sideways.  If we go up, new users are attracted, blocks fill up, transactions slow down and get expensive,  then we have to go down or face a network congestion failure. 

They got us. The bad guys won. Subsidized electricity and consensus governance brought us down. Meanwhile a bunch of other cryptocurrencies are waiting in the wings to claim the prize we fucking threw away. 

this is a proven phenomena. Their brains are coated with flouride and aluminum that they have lost 10% to 25% of their intelligence capabilities.. the sad part is they don';t know they are stupid... they have very bad memories too... i understand what you are saying.. it can be very challenging and frustrating to deal with such IQ deficient morons on a daily basis like we are forced to do.. once you accept that almost everyone is about 25% less intelligent than yourself then you learn to expect them to do stupid stuff. i mean really, we are talking about a lifeform that intentionally dumbs itself down and then poisons itself.

here is an example: "Hey guys bitcoin can't scale" .. eight months later:  "Hey guys bitcoin can't scale" ..

it doesnt even register .

[aztecminer]

The logarithmic uptrend is broken on the five year chart.  If you wanna zoom out, zoom out motherfucker. It's the scalability problem.  It's gotta get a lot worse before it gets better (IF it gets better) because some people are so stupid, they require an extreme amount of pain before they learn anything. 

You're not trading efficiency for censorship resistance. Majority mining power is concentrated in one country with a totalitarian government. The People's Bank of China has a million man army behind them and they could take over our network with a few phone calls.  The only reason Bitcoins functions is because the ChiComs LET it function. That  battle has already been lost. So smallblockers want to keep bitcoin from scaling for NO REASON!

So we're going down or sideways.  If we go up, new users are attracted, blocks fill up, transactions slow down and get expensive,  then we have to go down or face a network congestion failure. 

They got us. The bad guys won. Subsidized electricity and consensus governance brought us down. Meanwhile a bunch of other cryptocurrencies are waiting in the wings to claim the prize we fucking threw away. 

Why get so emotional regarding the topic?

And, what is the big deal if some alt takes over bitcoin? 


If there is a better alt, then let it pave the way, and we can all jump on board that one...


The fact of the matter is that there is no alt that is even in any parameters of close to bitcoin...

Name one?


You can't because you are just spreading bullshit FUD regarding non-important and speculative matters...

Your matters are so speculative that they are even beyond the scope of this  speculation thread because they are lacking almost any foundation... especially ones concerning the supposed pending take over of some not-yet identified alt coin.

RIPPLE .

[aztecminer]

Because you know what's going on.

HODLing cold storage.. why ?? cuz "they" don't want me too .

[aztecminer]

why bitcoin halving will lead to the panic sell?
are there anything to do to make the price drop lower? what just happened? since i haven't tracking the bitcoin news.

~$380 -> ~$372

hey guess what ?? BITCOIN CAN"T SCALE .. in case ya missed it.

[aztecminer]

we still havent retested 320 yet, so a short term reversal is still very likely

320 is too close to 300 .. they are paralyzed at this price. #BitcoinParalyzed

[r3t4rD4life]

The logarithmic uptrend is broken on the five year chart.  If you wanna zoom out, zoom out motherfucker. It's the scalability problem.  It's gotta get a lot worse before it gets better (IF it gets better) because some people are so stupid, they require an extreme amount of pain before they learn anything.  

You're not trading efficiency for censorship resistance. Majority mining power is concentrated in one country with a totalitarian government. The People's Bank of China has a million man army behind them and they could take over our network with a few phone calls.  The only reason Bitcoins functions is because the ChiComs LET it function. That  battle has already been lost. So smallblockers want to keep bitcoin from scaling for NO REASON!

So we're going down or sideways.  If we go up, new users are attracted, blocks fill up, transactions slow down and get expensive,  then we have to go down or face a network congestion failure.  

They got us. The bad guys won. Subsidized electricity and consensus governance brought us down. Meanwhile a bunch of other cryptocurrencies are waiting in the wings to claim the prize we fucking threw away.  

Why get so emotional regarding the topic?

And, what is the big deal if some alt takes over bitcoin?  


If there is a better alt, then let it pave the way, and we can all jump on board that one...


The fact of the matter is that there is no alt that is even in any parameters of close to bitcoin...

Name one?


You can't because you are just spreading bullshit FUD regarding non-important and speculative matters...

Your matters are so speculative that they are even beyond the scope of this  speculation thread because they are lacking almost any foundation... especially ones concerning the supposed pending take over of some not-yet identified alt coin.

RIPPLE .

Is that supposed to be a joke. If Ripple is BTC's replacement count the ***** out, I am not moving over to some centralized "trust based" coin. If that's the name of the game I'll stick to cash.

BTC is king, just the developers need to start delivering on their promises instead of bickering about this blocksize issue. The unspoken problem with this blocksize debate is how much resources it is taking away from developing opportunities just because nobody can agree on a damn block size. Meanwhile, Ethereum is gaining ground there is no denying it. I'd rather ETH take over than Ripple, but my main wish is for this blocksize thing to get solved reasonably so that btc can see some REAL development and we can see the network effect take action. Swallow the smaller coins' good features making them obsolete. We don't need positive news from mainstream media, we need to make our own positive news that is so compelling that mainstream media picks it up.

[aztecminer]

Ah ok.
Well I don't know how they would want to do it. Yes exchanges are not anonymous, but you don't use exchange if you want anonymous. You pays and receive in btc and if you want cash you go through local bitcoin 

CoinBase sent me a nastygram telling me that they were dropping my daily limit due to their data showing that I was selling my bitcoins on localbitcoins. Siting the fact that I would need to register in the US to sell bitcoins. However I am in Europe so that doesn't really apply to me. But I would imagine similar things taking place in the EU if they follow the US lead.

u think we was trying to sell a firearm. #ridiculousness

[blunderer]

... the sad part is they don';t know they are stupid...

jk

[aztecminer]

The logarithmic uptrend is broken on the five year chart.  If you wanna zoom out, zoom out motherfucker. It's the scalability problem.  It's gotta get a lot worse before it gets better (IF it gets better) because some people are so stupid, they require an extreme amount of pain before they learn anything.  

You're not trading efficiency for censorship resistance. Majority mining power is concentrated in one country with a totalitarian government. The People's Bank of China has a million man army behind them and they could take over our network with a few phone calls.  The only reason Bitcoins functions is because the ChiComs LET it function. That  battle has already been lost. So smallblockers want to keep bitcoin from scaling for NO REASON!

So we're going down or sideways.  If we go up, new users are attracted, blocks fill up, transactions slow down and get expensive,  then we have to go down or face a network congestion failure.  

They got us. The bad guys won. Subsidized electricity and consensus governance brought us down. Meanwhile a bunch of other cryptocurrencies are waiting in the wings to claim the prize we fucking threw away.  

Why get so emotional regarding the topic?

And, what is the big deal if some alt takes over bitcoin?  


If there is a better alt, then let it pave the way, and we can all jump on board that one...


The fact of the matter is that there is no alt that is even in any parameters of close to bitcoin...

Name one?


You can't because you are just spreading bullshit FUD regarding non-important and speculative matters...

Your matters are so speculative that they are even beyond the scope of this  speculation thread because they are lacking almost any foundation... especially ones concerning the supposed pending take over of some not-yet identified alt coin.

RIPPLE .

Is that supposed to be a joke. If Ripple is BTC's replacement count the ***** out, I am not moving over to some centralized "trust based" coin. If that's the name of the game I'll stick to cash.

BTC is king, just the developers need to start delivering on their promises instead of bickering about this blocksize issue. The unspoken problem with this blocksize debate is how much resources it is taking away from developing opportunities just because nobody can agree on a damn block size. Meanwhile, Ethereum is gaining ground there is no denying it. I'd rather ETH take over than Ripple, but my main wish is for this blocksize thing to get solved reasonably so that btc can see some REAL development and we can see the network effect take action. Swallow the smaller coins' good features making them obsolete. We don't need positive news from mainstream media, we need to make our own positive news that is so compelling that mainstream media picks it up.

Guess what ?? in case you missed it: ETHERIUM CANT SCALE.. .............and "bitcoin cannot do it by itself".. ripple is a different beast than bitcoin... the USA govy fined RIPPLE a huge fine recently for some lame bullshiat they made up to justify the theft ... that fact is enough for me to jump onboard with RIPPLE .. RIPPLE is not the same thing as bitcoin, or any of the other alts you mentioned.. it is its own beast.

try to recall that the obama administration told everyone to NOT use iodine while the clouds of radiation rolled overhead.. they said iodine is bad for your health.. they lied.. i been taking iodine in different forms regularly since the accident and i have had ZERO adverse health affects... u can read my new book dropping march 09th if ya want to learn more about that since it is off-topic... however, i do not do what the obama admin wants me to do .. those guys are idiots.

[aztecminer]

u bunch of "landlubbin hodlers"

[JayJuanGee]

Ah ok.
Well I don't know how they would want to do it. Yes exchanges are not anonymous, but you don't use exchange if you want anonymous. You pays and receive in btc and if you want cash you go through local bitcoin 

CoinBase sent me a nastygram telling me that they were dropping my daily limit due to their data showing that I was selling my bitcoins on localbitcoins. Siting the fact that I would need to register in the US to sell bitcoins. However I am in Europe so that doesn't really apply to me. But I would imagine similar things taking place in the EU if they follow the US lead.

How many coins are we talking about?

I see that they do have a rule that if it appears that you are not purchasing for personal reasons (but instead trading reasons they will close your account)


I mean what kind of volume triggered them to reduce your transaction limits?

[WeltMaster]

just go to the moon already!!1!

REEEEEEEE

[BlindMayorBitcorn]

That's online pussy shit. The only thing that makes you feel more alive than a new all time high is the cold steel of a uniformed bigot's gun barrel working its way into your thong.

I don't think these are mutually exclusive business ideas. Police can tweet some pretty mean stuff, dawg.

Sad but true.

LMAO!

Thank you.

[JayJuanGee]

Ah ok.
Well I don't know how they would want to do it. Yes exchanges are not anonymous, but you don't use exchange if you want anonymous. You pays and receive in btc and if you want cash you go through local bitcoin  

CoinBase sent me a nastygram telling me that they were dropping my daily limit due to their data showing that I was selling my bitcoins on localbitcoins. ...

I worry about you, Elwar. Perhaps start some sort of a cash business, like a hot dog stand maybe, to explain those bags of dirty fiat you bring to your bank?

After localbitcoins blocked Germany I only do a few trades a month now with people I've been meeting for a while. Usually about 1-2k per month, enough to pay for rent, food and a few vacations here and there.

I haven't had a bank account here since August. I only recently opened another one because I might possibly be leaving Europe and will need to convert any cash I have back into bitcoins.

Ok it could be the volume that triggered their suspicions, but if you are sending the coins directly back and forth from a local bitcoins account, it also becomes more obvious to them and raising a red flag.


I'm also wondering based on coinbase already having that rule regarding local bitcoins, Maybe if you would have been taking measures to send coins to various other accounts, and it becomes a bit more difficult for them to determine exactly how you are using your coins.  

I'm worried about the same for me, and I have several accounts, and I don't tend to send directly to or from local bitcoins. So that adds one more leg, but may not resolve the potential flagging of the account issue in the end.  

[ChartBuddy]

Coin



Explanation

[JayJuanGee]

The logarithmic uptrend is broken on the five year chart.  If you wanna zoom out, zoom out motherfucker. It's the scalability problem.  It's gotta get a lot worse before it gets better (IF it gets better) because some people are so stupid, they require an extreme amount of pain before they learn anything. 

You're not trading efficiency for censorship resistance. Majority mining power is concentrated in one country with a totalitarian government. The People's Bank of China has a million man army behind them and they could take over our network with a few phone calls.  The only reason Bitcoins functions is because the ChiComs LET it function. That  battle has already been lost. So smallblockers want to keep bitcoin from scaling for NO REASON!

So we're going down or sideways.  If we go up, new users are attracted, blocks fill up, transactions slow down and get expensive,  then we have to go down or face a network congestion failure. 

They got us. The bad guys won. Subsidized electricity and consensus governance brought us down. Meanwhile a bunch of other cryptocurrencies are waiting in the wings to claim the prize we fucking threw away. 

Why get so emotional regarding the topic?

And, what is the big deal if some alt takes over bitcoin? 


If there is a better alt, then let it pave the way, and we can all jump on board that one...


The fact of the matter is that there is no alt that is even in any parameters of close to bitcoin...

Name one?


You can't because you are just spreading bullshit FUD regarding non-important and speculative matters...

Your matters are so speculative that they are even beyond the scope of this  speculation thread because they are lacking almost any foundation... especially ones concerning the supposed pending take over of some not-yet identified alt coin.

RIPPLE .

Ripple is really laughable with their level of scams and totally centralized and Premined.

Do you really and seriously believe  people are  going to buy into that rather than Bitcoin.


Furthermore the computing power and security of Bitcoin is a very important strength that needs to be considered in any take over of Bitcoin's position. So, I believe any replacement should at least be working towards coopting bitcoins computing power, and ripple has no vision for that?

In other words,  At the moment ripple sounds a bit ridiculous to me as even being close to a potential Bitcoin competitor ( or replacement).

[wachtwoord]

Ripple's a joke and a scam.

[JayJuanGee]

The logarithmic uptrend is broken on the five year chart.  If you wanna zoom out, zoom out motherfucker. It's the scalability problem.  It's gotta get a lot worse before it gets better (IF it gets better) because some people are so stupid, they require an extreme amount of pain before they learn anything.  

You're not trading efficiency for censorship resistance. Majority mining power is concentrated in one country with a totalitarian government. The People's Bank of China has a million man army behind them and they could take over our network with a few phone calls.  The only reason Bitcoins functions is because the ChiComs LET it function. That  battle has already been lost. So smallblockers want to keep bitcoin from scaling for NO REASON!

So we're going down or sideways.  If we go up, new users are attracted, blocks fill up, transactions slow down and get expensive,  then we have to go down or face a network congestion failure.  

They got us. The bad guys won. Subsidized electricity and consensus governance brought us down. Meanwhile a bunch of other cryptocurrencies are waiting in the wings to claim the prize we fucking threw away.  

Why get so emotional regarding the topic?

And, what is the big deal if some alt takes over bitcoin?  


If there is a better alt, then let it pave the way, and we can all jump on board that one...


The fact of the matter is that there is no alt that is even in any parameters of close to bitcoin...

Name one?


You can't because you are just spreading bullshit FUD regarding non-important and speculative matters...

Your matters are so speculative that they are even beyond the scope of this  speculation thread because they are lacking almost any foundation... especially ones concerning the supposed pending take over of some not-yet identified alt coin.

RIPPLE .

Is that supposed to be a joke. If Ripple is BTC's replacement count the ***** out, I am not moving over to some centralized "trust based" coin. If that's the name of the game I'll stick to cash.

BTC is king, just the developers need to start delivering on their promises instead of bickering about this blocksize issue. The unspoken problem with this blocksize debate is how much resources it is taking away from developing opportunities just because nobody can agree on a damn block size. Meanwhile, Ethereum is gaining ground there is no denying it. I'd rather ETH take over than Ripple, but my main wish is for this blocksize thing to get solved reasonably so that btc can see some REAL development and we can see the network effect take action. Swallow the smaller coins' good features making them obsolete. We don't need positive news from mainstream media, we need to make our own positive news that is so compelling that mainstream media picks it up.

Guess what ?? in case you missed it: ETHERIUM CANT SCALE.. .............and "bitcoin cannot do it by itself".. ripple is a different beast than bitcoin... the USA govy fined RIPPLE a huge fine recently for some lame bullshiat they made up to justify the theft ... that fact is enough for me to jump onboard with RIPPLE .. RIPPLE is not the same thing as bitcoin, or any of the other alts you mentioned.. it is its own beast.

try to recall that the obama administration told everyone to NOT use iodine while the clouds of radiation rolled overhead.. they said iodine is bad for your health.. they lied.. i been taking iodine in different forms regularly  since the accident and i have had ZERO adverse health affects... u can read my new book dropping march 09th if ya want to learn more about that since it is off-topic... however, i do not do what the obama admin wants me to do .. those guys are idiots.

Something new to look forward to. The Aztecminer book pump, coming to a Bitcointalk forum thread near you. 

[Elwar]

Ah ok.
Well I don't know how they would want to do it. Yes exchanges are not anonymous, but you don't use exchange if you want anonymous. You pays and receive in btc and if you want cash you go through local bitcoin  

CoinBase sent me a nastygram telling me that they were dropping my daily limit due to their data showing that I was selling my bitcoins on localbitcoins. ...

I worry about you, Elwar. Perhaps start some sort of a cash business, like a hot dog stand maybe, to explain those bags of dirty fiat you bring to your bank?

After localbitcoins blocked Germany I only do a few trades a month now with people I've been meeting for a while. Usually about 1-2k per month, enough to pay for rent, food and a few vacations here and there.

I haven't had a bank account here since August. I only recently opened another one because I might possibly be leaving Europe and will need to convert any cash I have back into bitcoins.

Ok it could be the volume that triggered their suspicions, but if you are sending the coins directly back and forth from a local bitcoins account, it also becomes more obvious to them and raising a red flag.


I'm also wondering based on coinbase already having that rule regarding local bitcoins, Maybe if you would have been taking measures to send coins to various other accounts, and it becomes a bit more difficult for them to determine exactly how you are using your coins.  

I'm worried about the same for me, and I have several accounts, and I don't tend to send directly to or from local bitcoins. So that adds one more leg, but may not resolve the potential flagging of the account issue in the end.  

Ya, it is probably the volume since I tend to have about $1-2k worth of bitcoins on my localbitcoins wallet and tend to use that as my spending wallet since I can access it at work. Can't access CoinBase or blockchain.info. Had no idea they cared at all about using localbitcoins.