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Question: Nov. 19 Closing Price:
<$5,000 - 17 (21.5%)
$5,000-$5,100 - 1 (1.3%)
$5,100-$5,200 - 2 (2.5%)
$5,200-$5,300 - 0 (0%)
$5,300-$5,400 - 2 (2.5%)
$5,400-$5,500 - 3 (3.8%)
$5,500-$5,600 - 4 (5.1%)
$5,600-$5,700 - 2 (2.5%)
$5,700-$5,800 - 4 (5.1%)
$5,800-$5,900 - 5 (6.3%)
$5,900-$6,000 - 1 (1.3%)
>$6,000 - 38 (48.1%)
Total Voters: 79

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 20743430 times)
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jojo69
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November 04, 2017, 02:42:44 AM

I always try to give people second chances to make right.



the thinking man's troll
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November 04, 2017, 02:48:24 AM

Nice to see you back! Was starting to wonder.
Is the user anonymous or can you out the user name at least?

I thought about that. Should I out him? It's a newb account with like a dozen or so posts. But interestingly, it doesn't fit the profile of a typical throwaway troll account. His initial posts seem to indicate that he's perhaps somewhat young-ish and passionate about Bitcoin, pro-Bitcoin beyond just making money. I know posts can be deceiving though.

I thought that maybe I would just let it lie for now. Maybe if he is reading this then perhaps he will realize that he made a rash decision in PM'ing me and regret it. I always try to give people second chances to make right.



Respect!
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November 04, 2017, 02:52:55 AM

TORQUE!!!

<bro fist> Sorry, was away for awhile tending to some things.  Smiley

Btw this is unrelated to my going dark, but for years I had heard the rumors of certain Legendary users being approached by other anonymous users with offers to sell their accounts to them. And even rumors that some had taken them up on it.

Well... it's now happened to me too. "Name your price", he said. I find it all amusing. Just know that I am a person of integrity and would never do something like that, no matter what the offer was. Anyone who wants to buy your account intends to impersonate you and do bad things with it.  No thanks.




It's not worth it... .. .. but how are we going to know for sure?  OMG    Shocked Shocked
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November 04, 2017, 03:29:09 AM

A very very worse case scenario would be that 2x garners network support and becomes the new bitcoin

Certainly, I personally believe there is a very good chance that BCH becomes the victor of the enforkenating. I assume you merely cast this off as implausible?

Sure you want to throw a monkey wrench in my framing of various scenarios to add another possible scenario that to me seems to me to be less plausible than a segwit2x take-over... so you are correct that I am perceiving such a supposed BCH take over scenario as less plausible than a segwit2x take over... .

Part of my reasoning is that BCH seems to already have proven itself as crap, corrupted, quasi-centralized, so I can't really imagine any reasonably plausible scenario that would cause BTC networking effects to migrate over to BCH, at least NOT on any kind of sustainable scenario.




But really, if S2X emerges the victor, is that really a 'worst case' for you Core acolytes?

hahahahaha.. you goofie picnic food stealing bear.....

"core acolytes" is a name for someone like me who is continuing to find nonsense in the various attack ploys and propaganda coming from BIG blockers...


Let me see if I can address this.  I understand that frequently you do not appreciate my way of framing these matters; however, it seems to make a whole hell-of-a lot more sense that I call names to attackers and to non-status quo whiners than for you and other nonsense BIG blockers to continue to attack and denigrate and try to suggest that  "core acolytes" are an actual category of equals.  These "core acolytes" are not part of any religion, and don't have any duty to justify anything.. Instead , those challenging the system have the duty to justify and persuade with facts and/or logic.. and they continuously are not able to do such justification to get the bitcoin system changed, so instead they attack and try to destroy with ongoing seemingly more desperate mechanisms.. and hoping that sooner or later they are going to attract actual and meaningful networking support to their ongoing lame-ass side.  Maybe if they actually used reasonable and merit based measures, then perhaps (seems a long shot) they could graduate above and beyond "lame-ass?"  perhaps?



Seems to me that there ain't more than a RCH difference between S1X and S2X.

I don't know what is RCH, and you could be correct that there is NOT much of a difference, and maybe for that reason , we could see that logically there is a problem to attempt to take over the whole fucking thing of bitcoin over some stupid-ass minor difference for which there is little to no justification in terms of logic and/or facts that would cause it to be necessary in any kind of way beyond a bunch of whiners who say that they want it.



Sure, a handful of overly-entitled neckbeards either whiny-ragequit or have their bluffs exposed. Other than that, what?


I think that your reference to whiners and my reference to whiners if different, but I believe that I understand what you are getting at.  So you are going with the scenario that S2x becomes the new bitcoin, and then you are supposing that everything is the same, except for some whiny core developers would quit.. which you characterize as a kind of trivial thing.  Go figure the amount of spinning going on, here, to be kind of narrowly describing and denigrating core developers.. and I suppose that is also part of the problem with S2x, is that they personalize the bullshit when they would be welcome to contribute to core (and bitcoin) if they stop acting like a bunch of kids and engage in constructive contributions that are based on factual and/or logical backings...

Sure, not every proposal has to be factual and logical and could include some other considerations, but seems that if some of these immature BIG blockers were able to grow up a bit, remove some of their emotional and personal animosity, then there could be some ways that they would actually be able to positively affect the direction of bitcoin, perhaps?




Again only tangentially related: the arcane mechanism by which 'US GDP growth rate' is calculated.
But first! Be prepared to be stunned and amazed!
http://netrightdaily.com/2017/11/average-annual-gdp-growth-not-think/

Does "tangentially related" also mean irrelevant to the current discussion?  Don't you need to make some kind of connection, and even if you might be presenting some non-controversial data, but what is the connection to the current topic?

jojo69
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November 04, 2017, 03:41:39 AM

hey jberher,  if you need a job after all this, drop me a line.
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November 04, 2017, 03:46:13 AM

If someone offered me a pizza ... I'd take the coins instead. But then no one is going to offer that much anyways ...
jbreher
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November 04, 2017, 04:07:56 AM

Fuck off you imbeciles and let the adults get to work already.

Exactly what am I doing that is preventing your so-called 'adults' from getting your/their work done?

Tend to your own fucking garden.
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November 04, 2017, 04:12:12 AM

https://www.youtube.com/watch?v=QrLr7MdyyLg

Confirmed @11:50 what I've always suspected to be true: fractional reserve shares (aka "phantom shares") in the U.S. stock market are real. I fkn knew it! That along with collateralized and even naked re-hypo liens on personal/corp shares exactly confirms why when the U.S. stock market crashes, it crashes so hard.... because of all the unwinding.

Before Patrick Byrne was into Bitcoin, he brought to light this very issue: https://www.youtube.com/watch?v=M_FZO9-ZIWU

There's some good tutorial material on the topic he developed back then floating around the web as well.
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November 04, 2017, 04:16:20 AM





Again only tangentially related: the arcane mechanism by which 'US GDP growth rate' is calculated.
But first! Be prepared to be stunned and amazed!
http://netrightdaily.com/2017/11/average-annual-gdp-growth-not-think/

Does "tangentially related" also mean irrelevant to the current discussion?  Don't you need to make some kind of connection, and even if you might be presenting some non-controversial data, but what is the connection to the current topic?

Yes. Irrelevant to the discussion above the horizontal rule. The horizontal rule itself denoting a change in topic. I thought this was the custom, no?
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November 04, 2017, 04:19:39 AM

hey jberher,  if you need a job after all this, drop me a line.

Can't see why I might, but thanks.

After all, even if I wasn't sitting on big bags o' Bitcoin, I have a lucrative career. Of course, I have informed by boss I'll be out the door once I finish two projects. But I get regular inquiries from headhunters, so I think I'm OK even in the unlikely event that crypto does shit the bed.
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November 04, 2017, 04:47:54 AM

hey jberher,  if you need a job after all this, drop me a line.

Can't see why I might, but thanks.

After all, even if I wasn't sitting on big bags o' Bitcoin, I have a lucrative career. Of course, I have informed by boss I'll be out the door once I finish two projects. But I get regular inquiries from headhunters, so I think I'm OK even in the unlikely event that crypto does shit the bed.

I imagine so.

Whatever happens, you are a superlative propagandist, and I mean that in the best way.  I truly hope that you believe your line...if not, you should sell that dearly my friend.  Do not give that shit away.
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November 04, 2017, 06:24:08 AM

https://www.youtube.com/watch?v=QrLr7MdyyLg

Confirmed @11:50 what I've always suspected to be true: fractional reserve shares (aka "phantom shares") in the U.S. stock market are real. I fkn knew it! That along with collateralized and even naked re-hypo liens on personal/corp shares exactly confirms why when the U.S. stock market crashes, it crashes so hard.... because of all the unwinding.

I read that interview the other day, very interesting. I am also deep in the weeds in the securities world now and see that more companies are looking to put their securities on a blockchain. It should be an interesting dynamic. One company that has been doing securities for years is now opening things up to crypto securities on the blockchain. Though just about all of them are using Ethereum. I keep raising my hand when it comes to which blockchain to use mentioning Bitcoin but all of the smart contract developers are in the ETH world. Hopefully this all changes after Rootstock opens up later this month.

Overstock's T0 should be interesting as well, it's been a long time coming.


As for account sales...someone offered me what would have been the equivalent of $2 per post for their signature campaign. Would be attractive to someone in a 2nd or 3rd world.

Interestingly enough...I nobody see anyone's signatures...is this happening? Is bitcointalk going to make a comeback?

nvm...looks like just this thread
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November 04, 2017, 06:46:18 AM

@Elwar, yep, it is only this thread.

Theymos removed the signatures from displaying here as part of the "deal" to allow the thread to be excempt of on-topicness and other rules of bitcointalk. Wise move that seems to have mostly got rid of the plague of signature spammers and affiliate campaigners that are pretty much elsewhere all over this board.

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November 04, 2017, 07:09:30 AM

@Elwar, yep, it is only this thread.

Theymos removed the signatures from displaying here as part of the "deal" to allow the thread to be excempt of on-topicness and other rules of bitcointalk. Wise move that seems to have mostly got rid of the plague of signature spammers and affiliate campaigners that are pretty much elsewhere all over this board.

Oh yeah, I just noticed it! GOOD!

I absolutely hate ads (and signature campaigns)!
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November 04, 2017, 07:37:36 AM

But really, if S2X emerges the victor, is that really a 'worst case' for you Core acolytes? Seems to me that there ain't more than a RCH difference between S1X and S2X. Sure, a handful of overly-entitled neckbeards either whiny-ragequit or have their bluffs exposed. Other than that, what?

You are missing the point. If a bunch of people can meet and redefine what Bitcoin is, then that's the major problem right there - because at that point it has been proven that Bitcoin can be controlled or co-opted.

Disagree. In my understanding of Bitcoin, the economic majority decides which is the One True Bitcoin.

You don't even need 'a bunch of people'. Anyone -- collectively or individually -- can code up alternate protocol rules and offer it to the community. But the One True Bitcoin is only the one that that the economic majority adopts. We all redefine it together. By definition.

Network protocols are not a democracy. They need near universal agreement in order to work.

The reason is simple:

If for every contentious choice, there was a 52% group that said "yes I like that" and a 48% group that said "I don't like that", then you have two protocols. In the second contentious choice for each fork, of similar dynamics (52-48), you have four protocols. In the third, you have eight protocols - which all do not recognize each other. If there were, say, 8 DNS protocols, your router wouldn't even know where to begin with in order to convert a name to an IP address...

Bitcoin is trying to compete with assets like Gold. You can't "fork" Gold or redefine what Gold is and that has value. Bitcoin's resistance to re-definition, likewise has value. Some people are trying hard to damage this resistance in order to say "see? Bitcoin is crap, it can be forked, it can be inflated through forks, uncertainty can be introduced on what fork will be the "right" one, etc etc... gold doesn't have all this bullshit, I'll stick with gold / stocks / fiat".

This is why all the forkers are cancer. They are undermining bitcoin, or are actively trying to control it, under any narrative like "bigger blocks". Even when they had their "big blocks" with BCH and the 8mb fork, now they are trying to take BTC to 8mb as well with S2X. Why don't they simply stick to BCH? It's simple: Because it was never about big blocks, it was about CONTROL.
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November 04, 2017, 08:00:27 AM

Network protocols are not a democracy. They need near universal agreement in order to work.

The reason is simple:

If for every contentious choice, there was a 52% group that said "yes I like that" and a 48% group that said "I don't like that", then you have two protocols. In the second contentious choice for each fork, of similar dynamics (52-48), you have four protocols. In the third, you have eight protocols - which all do not recognize each other. If there were, say, 8 DNS protocols, your router wouldn't even know where to begin with in order to convert a name to an IP address...

Bitcoin is trying to compete with assets like Gold. You can't "fork" Gold or redefine what Gold is and that has value. Bitcoin's resistance to re-definition, likewise has value. Some people are trying hard to damage this resistance in order to say "see? Bitcoin is crap, it can be forked, it can be inflated through forks, uncertainty can be introduced on what fork will be the "right" one, etc etc... gold doesn't have all this bullshit, I'll stick with gold / stocks / fiat".

This is why all the forkers are cancer. They are undermining bitcoin, or are actively trying to control it, under any narrative like "bigger blocks". Even when they had their "big blocks" with BCH and the 8mb fork, now they are trying to take BTC to 8mb as well with S2X. Why don't they simply stick to BCH? It's simple: Because it was never about big blocks, it was about CONTROL.

Very well said!
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November 04, 2017, 08:22:53 AM

I truly hope that you believe your line...

Indeed I do. I'm a freeking ancient curmudgeon. The only line I toe is my own.



But really, if S2X emerges the victor, is that really a 'worst case' for you Core acolytes? Seems to me that there ain't more than a RCH difference between S1X and S2X. Sure, a handful of overly-entitled neckbeards either whiny-ragequit or have their bluffs exposed. Other than that, what?

You are missing the point. If a bunch of people can meet and redefine what Bitcoin is, then that's the major problem right there - because at that point it has been proven that Bitcoin can be controlled or co-opted.

Disagree. In my understanding of Bitcoin, the economic majority decides which is the One True Bitcoin.

You don't even need 'a bunch of people'. Anyone -- collectively or individually -- can code up alternate protocol rules and offer it to the community. But the One True Bitcoin is only the one that that the economic majority adopts. We all redefine it together. By definition.

Network protocols are not a democracy. They need near universal agreement in order to work.

While that is a salient point, it has fuck-all to do with your position. You seem to preach utopia. We ain't there. We already have multiple competing implementations duking it out in the marketplace. You can either recognize this fact, or get run over by the tide that Don't Give A Shit About Your Feelings.
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November 04, 2017, 09:10:48 AM

There is a resistance at the level of 7300 dollars, Bitcoin 2 can not reach this level by day, after segwit the level of 7500 dollars will see the level of 6500 dollars per side. It depends on the situation.
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November 04, 2017, 09:38:10 AM

look i'm a hypocrite like everyone else, but this ...

playground insults?

a handful of overly-entitled neckbeards either whiny-ragequit

... alone proves you are no Goebbels.

And you get heated and sweary when others swear at you. Poor quality shilling 2/10.

No, you're just as you say a curmudgeon, like Ibian, like roach, like me when I don't control myself.

You don't have any arguments other than 'don't like all this modern stuff'.



Or can you account for this assertion

While I believe in BCH's long term prospects, it may be a bumpy ride. Then again, its the only one of the three that can make it through a sudden hashrate drop.

And Bitcoin Gold/GPU can fuck right off.


btc hashrate dropped 40% at first when bch came on. it made it through with slower blocks and higher fees and price went up.

core devs are running round reassuring users that we can survive a 90% drop in hashrate. @slush is on their side, and something's happening with Francis Pouliot in Canada.
150 min blocks for a few weeks are meh.
hashrate will not decide this


and why the hate for gold/gpu?
surely you're not threatened?
it's harmless ... surely?
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November 04, 2017, 11:06:08 AM

Network protocols are not a democracy. They need near universal agreement in order to work.

The reason is simple:

If for every contentious choice, there was a 52% group that said "yes I like that" and a 48% group that said "I don't like that", then you have two protocols. In the second contentious choice for each fork, of similar dynamics (52-48), you have four protocols. In the third, you have eight protocols - which all do not recognize each other. If there were, say, 8 DNS protocols, your router wouldn't even know where to begin with in order to convert a name to an IP address...

Bitcoin is trying to compete with assets like Gold. You can't "fork" Gold or redefine what Gold is and that has value. Bitcoin's resistance to re-definition, likewise has value. Some people are trying hard to damage this resistance in order to say "see? Bitcoin is crap, it can be forked, it can be inflated through forks, uncertainty can be introduced on what fork will be the "right" one, etc etc... gold doesn't have all this bullshit, I'll stick with gold / stocks / fiat".

This is why all the forkers are cancer. They are undermining bitcoin, or are actively trying to control it, under any narrative like "bigger blocks". Even when they had their "big blocks" with BCH and the 8mb fork, now they are trying to take BTC to 8mb as well with S2X. Why don't they simply stick to BCH? It's simple: Because it was never about big blocks, it was about CONTROL.

Very well said!

... it's totally pathetic and beyond any reasonable or technical discussion. The infants didn't get their way, got their bottoms smacked and now want to pretend to play nice again.

(((who))) could be so pathetic & anti-humanity???
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