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

[JayJuanGee]

- I feel like I am devolving from BTC price speculation down to random brainstorming regarding energy generation speculation with little to no grounding.   

I am detecting some cognitive dissonance reading thru the last several pages.

What else is new in regards to this thread?

Hmmmmmmm, NIST crypto document

https://csrc.nist.gov/CSRC/media/Publications/nistir/8202/draft/documents/nistir8202-draft.pdf

I smell picnic bear.

Reminds me of someone.   

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[d_eddie]

Reminds me of someone.   

... who's been silent lately.

[Last of the V8s]

lightning has more nodes than btrash

[ivomm]

This video is hilarious. Roger Ver finds out about Lightning Network: (turn subtitles on)
 
https://www.captiongenerator.com/875482/Roger-Finds-out-about-Lightning-Network#.Wm-H26SJ3do.twitter

[Toxic2040]

They sound absolutely delightful.

What do they have to do, or what can they do, with Bitcoin? What does Bcash gain from sending them silly emails?

Well.."they" can do what ever the hell they like of course..but this is an actually fairly important "spoke" in the nonmesh topology of the government.
The "hub" that NIST connects to is the US Dept. of Commerce. "Among its tasks are gathering economic and demographic data for business and government decision-making."
Seeing that "they" receive accurate and unbiased information about the history, the current state and the political in-fighting of bitcoin is probably a good idea.

[JayJuanGee]

Going back to the network spam clearing up.

So… going theoretical here…  Many believe that the spam the bitcoin network was experiencing was orchestrated by people with ties to Bitcoin Cash.  The idea held by many was that these people were spamming Bitcoin network to drive fees up while offering a cheaper faster alternative.  At the same time it appeared as if someone was pumping Bcash on occasion to create hype behind it and grab more attention.  This seemed pretty effective at the time.  Keep in mind this all occurred during arguably record high entrance to the market by newcomers.

After a few months of this going on, the people chasing the alt coin market began placing heavy value on cheap, fast transactions.  This drove people to pumping coins that had little backing or history but, had cheap and fast transaction times.  I think the sheeple have moved past Bcash and now see a larger range of coins that are available that offer their cheap fast transactions.  The people who chased Bcash for the cheap and fast transactions have moved on (hence the Ripple boom).

There is little benefit to spamming the network now as many others on here have theorized.  Not to mention how costly it must have been to spam the network…  That money would be better spent say… pumping bcash again to gain interest in a market where Bitcoin is moving sideways and “becoming boring”.  You heard it here first… bcash pump inbound.

Wanna hear my theory? That in 2017 the flippening into alts, constant bitcoin spamming, FUD, and eventual creation of BCash were all related... a deliberate, multi-faceted, year long campaign that was well planned in advance. Whales and hedge funds started the crazy Bitcoin volatility and FUD all the way back in Jan 2017, and did it for one purpose: for all of the year, to shake as many people out and away from Bitcoin because they already knew that Bitcoin Futures were coming online in December (they are insiders after all -- and insiders know things well in advance of the public). And they couldn't just run the market straight up, that's not how big players take long positions. They were constantly pumping and shorting the whole time, all the while slowly ramping it up and building their long position over an entire year.

It's pretty obvious in hindsight. And if I'm right about this, then we should start to see alts slowly and almost imperceptibly bleed back into the Bitcoin market over time. We may even see a few "controlled demolitions" of some alts here and there, and their markets likely won't recover to previous ATHs after that.

You could be wrong, and the same results of alt money flowing back into bitcoin will take place.

I pretty much agree with what you said, except for the preplanned nonsense... you got so much of this fatalism in your theory that it causes your overall presentation, here, to be less convincing, except for like numerology conspiracy theorists... hahahahahhaha

Anyhow, what I am suggesting is that you are likely correct about everything except the preplanning part because even preplanning causes some changes around and replanning and adapting to new circumstances, instead of someone happening to actually know the future within any kind of reasonable realm of certainty. 

[conspirosphere.tk]

What the fuck is this nist place and why does it have any importance?

National Institute of Standards and Technology

you know...the people with the clock on 10MHz

And the same who invented the "pancake theory" of 9/11, I seem to remember.

[Last of the V8s]

snip

snip

You could be wrong, and the same results of alt money flowing back into bitcoin will take place.

I pretty much agree with what you said, except for the preplanned nonsense... you got so much of this fatalism in your theory that it causes your overall presentation, here, to be less convincing, except for like numerology conspiracy theorists... hahahahahhaha

Anyhow, what I am suggesting is that you are likely correct about everything except the preplanning part because even preplanning causes some changes around and replanning and adapting to new circumstances, instead of someone happening to actually know the future within any kind of reasonable realm of certainty. 

agree. no one can plan anything any more.
note: no need to say pre-planning. planning is always -pre. postplanning is mopping up the mess. elision of 'planning' and 'preparing'

[Last of the V8s]

*also people don't say 'resiliency' it's resilience what's wrong with that?

[Toxic2040]

What the fuck is this nist place and why does it have any importance?

National Institute of Standards and Technology

you know...the people with the clock on 10MHz

And the same who invented the "pancake theory" of 9/11, I seem to remember.

https://www.nist.gov/el/faqs-nist-wtc-towers-investigation

News flash!  Gravity actually works!   who woulda thunk...

[True Myth]

Going back to the network spam clearing up.

So… going theoretical here…  Many believe that the spam the bitcoin network was experiencing was orchestrated by people with ties to Bitcoin Cash.  The idea held by many was that these people were spamming Bitcoin network to drive fees up while offering a cheaper faster alternative.  At the same time it appeared as if someone was pumping Bcash on occasion to create hype behind it and grab more attention.  This seemed pretty effective at the time.  Keep in mind this all occurred during arguably record high entrance to the market by newcomers.

After a few months of this going on, the people chasing the alt coin market began placing heavy value on cheap, fast transactions.  This drove people to pumping coins that had little backing or history but, had cheap and fast transaction times.  I think the sheeple have moved past Bcash and now see a larger range of coins that are available that offer their cheap fast transactions.  The people who chased Bcash for the cheap and fast transactions have moved on (hence the Ripple boom).

There is little benefit to spamming the network now as many others on here have theorized.  Not to mention how costly it must have been to spam the network…  That money would be better spent say… pumping bcash again to gain interest in a market where Bitcoin is moving sideways and “becoming boring”.  You heard it here first… bcash pump inbound.

Wanna hear my theory? That in 2017 the flippening into alts, constant bitcoin spamming, FUD, and eventual creation of BCash were all related... a deliberate, multi-faceted, year long campaign that was well planned in advance. Whales and hedge funds started the crazy Bitcoin volatility and FUD all the way back in Jan 2017, and did it for one purpose: for all of the year, to shake as many people out and away from Bitcoin because they already knew that Bitcoin Futures were coming online in December (they are insiders after all -- and insiders know things well in advance of the public). And they couldn't just run the market straight up, that's not how big players take long positions. They were constantly pumping and shorting the whole time, all the while slowly ramping it up and building their long position over an entire year.

It's pretty obvious in hindsight. And if I'm right about this, then we should start to see alts slowly and almost imperceptibly bleed back into the Bitcoin market over time. We may even see a few "controlled demolitions" of some alts here and there, and their markets likely won't recover to previous ATHs after that.

You could be wrong, and the same results of alt money flowing back into bitcoin will take place.

I pretty much agree with what you said, except for the preplanned nonsense... you got so much of this fatalism in your theory that it causes your overall presentation, here, to be less convincing, except for like numerology conspiracy theorists... hahahahahhaha

Anyhow, what I am suggesting is that you are likely correct about everything except the preplanning part because even preplanning causes some changes around and replanning and adapting to new circumstances, instead of someone happening to actually know the future within any kind of reasonable realm of certainty. 

Aww come on. We were having fun with our tinfoil hat theories and you had to go get all rational 

[Toxic2040]

- I feel like I am devolving from BTC price speculation down to random brainstorming regarding energy generation speculation with little to no grounding.   

I am detecting some cognitive dissonance reading thru the last several pages.

What else is new in regards to this thread?

Hmmmmmmm, NIST crypto document

https://csrc.nist.gov/CSRC/media/Publications/nistir/8202/draft/documents/nistir8202-draft.pdf

I smell picnic bear.

Reminds me of someone.   

Reminds me of someone.   

... who's been silent lately.

[conspirosphere.tk]

What the fuck is this nist place and why does it have any importance?

National Institute of Standards and Technology

you know...the people with the clock on 10MHz

And the same who invented the "pancake theory" of 9/11, I seem to remember.

https://www.nist.gov/el/faqs-nist-wtc-towers-investigation

News flash!  Gravity actually works!   who woulda thunk...

It's spelled "gravity", or (((gravity))).

[rafanadal]

Why are we falling below 11k again? jesus

[jojo69]

wheeeeeee


?

[Colonel Panic]

In order to be fully transparent I admit that the active Bitcoin (BTC) addresses have also dropped in this time
frame, but not by such a big percentage.

Old bitcoiners consolidating small amounts into segwit addresses?

Old bitcoiners are splitting their addresses (and going to segwit) as the old units are beginning to look cumbersome and revealing. You don’t want to flash a wad of €500 notes for a coffee in the dodgy side of town.

[conspirosphere.tk]

Why are we falling below 11k again? jesus

still (((gravity))).

[oda.krell]

https://www.reddit.com/r/Tether/comments/7swyfb/a_collection_of_bitcointalk_posts_by_giancarlo/
bitfinex operators were always shady

That fuck! /rips off shirt/

HEY GIANCARLO!

YOU FUCKING WITH ODA.KRELL YOU'RE FUCKING WITH ME TOO ASSHOLE

https://imgur.com/gallery/Nxb6nZ1

Nice find. What a trip down memory lane.

Also, fuck 'finex.

[Toxic2040]

It's spelled "gravity", or (((gravity))).

"For Bob Barker, the price is sometimes wrong." Mom say's.

[RoomBot]

We can't even really harvest solar and wind yet without subsidies.

We can, its just that coal/nuke/dams are paid for(subsidized) by future generations, and current society doesn't count that in any way.

Yep, and Racist-in-Chief Drumpf just levied a whopping 30% tax on solar.