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

[Torque]

What the fuck is going on with the mempool ? Good lord.

We have fucking wormsign. For sure this time.

D: what the fuck is that ?
Blockchain.info bug and then mempool size double ?



Edit : Are we facing a mempool attack ? Look at all the 1-2 sat/byte transactions...
https://dedi.jochen-hoenicke.de/queue/#24h

Roger probably just got his wittle panties in a wad again over the whole "Bitcoin Core" shit.... so he sicced his attack dogs on the Bitcoin mempool again, lmao.

[jojo69]

Looks like this rally has slowed for now. Back to bed for me.

See y'all at moon.

ftfy

[d_eddie]

What the fuck is going on with the mempool ? Good lord.

We have fucking wormsign. For sure this time.

D: what the fuck is that ?
Blockchain.info bug and then mempool size double ?



Edit : Are we facing a mempool attack ? Look at all the 1-2 sat/byte transactions...
https://dedi.jochen-hoenicke.de/queue/#24h

Roger probably just got his wittle panties in a wad again over the whole "Bitcoin Core" shit.... so he sicced his attack dogs on the Bitcoin mempool again, lmao.

This time it might be something more substantial. If it's Roger "dont call it bcash, I'm a millionaire" Ver, his timing is not that good.

[pacman7331]

The issue in my opinion is all crypto ETFs should be crypto (as opposed to fiat) backed.

Valueless tokens backed by other valueless tokens?  Yea, that sounds like a great monetary system.  You people are high on your own koolaid now.  You're typing illogical nonsense to try and deceive 90yr old retirees into buying your valueless tokens and started believing your own lies.  It's going to be hilarious when silver and gold obliterate these things and all the imaginary, valueless tokens implode to nothing.

What is silver backed by?

Silver color... It's just amazing, I came to this thread after months and realr0ach is still posting all that stuff which he used to post months back.

U can make it into silverware... maybe use as disinfectant...

[Wekkel]

This time, the path to $20,000 has already been paved 

[Torque]

What is silver backed by?

Silver color... It's just amazing, I came to this thread after months and realr0ach is still posting all that stuff which he used to post months back.

U can make it into silverware... maybe use as disinfectant...

And you can stuff the noses of cruise missiles with it...

This time, the path to $20,000 has already been paved 

I used to fondly say (to no one in particular) that Bitcoin's new ATHs will show us a glimpse of what it's future support level will someday be.

[jojo69]

Jojo gonna be unhappy he sold his LTC.  DOH!  It'll probably go back to normal ratio at some point.. maybe.

if I has sold it for fiat, yes

as it is, I'm fine

[BTCMILLIONAIRE]

http://www.bbc.com/news/technology-43056744
Crypto-currency craze 'hinders search for alien life'

-at this rate bitcoiners will be the first to find aliens, out there beyond the exomoons.

Well let's see...

Creating a Financial paradigm shift in decentralized money to break us free from the slavery of Central Bank corruption

-vs.-

Signaling evil space Aliens to come to Earth to destroy and enslave us....

... decisions, decisions....

I don't see the argument for an alien race that is beyond our current capacities to give enough of a fuck to come and destroy us. But even so, I'll gladly take delays in finding any positive or neutral aliens in exchange for upgrading our financial tools. The latter will inevitably help accelerate progress, while the former would be a gamble. The choice should be obvious.

[bitserve]

It's over 9000!

No vegeta around here?

 SoullyG posted Vegeta a few posts back.

Edit: Bitserve also posted Vegeta shortly afterwards.

Did I? I don't even fucking know what that means lol

[jojo69]

Hey, don't bag on distributed computing, that's how I came to crypto.

[600watt]

http://www.bbc.com/news/technology-43056744
Crypto-currency craze 'hinders search for alien life'

-at this rate bitcoiners will be the first to find aliens, out there beyond the exomoons.

Well let's see...

Creating a Financial paradigm shift in decentralized money to break us free from the slavery of Central Bank corruption

-vs.-

Signaling evil space Aliens to come to Earth to destroy and enslave us....

... decisions, decisions....

I think SETI is just searching for signals and does not send them. But you have a valid point there

seti is search only.  
and we are sending out massive radiowave signals constantly and in all directions for more than a century now.

[BTCMILLIONAIRE]

http://www.bbc.com/news/technology-43056744
Crypto-currency craze 'hinders search for alien life'

-at this rate bitcoiners will be the first to find aliens, out there beyond the exomoons.

Well let's see...

Creating a Financial paradigm shift in decentralized money to break us free from the slavery of Central Bank corruption

-vs.-

Signaling evil space Aliens to come to Earth to destroy and enslave us....

... decisions, decisions....

I think SETI is just searching for signals and does not send them. But you have a valid point there

seti is search only.  
and we are sending out massive radiowave signals constantly and in all directions for more than a century now.

Are there any emitters that really cover "all directions"? There's infinitely many of them (directions), so pointed "beams" would cover virtually nothing at sufficiently large distances.

[realr0ach]

The issue in my opinion is all crypto ETFs should be crypto (as opposed to fiat) backed.

Valueless tokens backed by other valueless tokens?  Yea, that sounds like a great monetary system.  You people are high on your own koolaid now.  You're typing illogical nonsense to try and deceive 90yr old retirees into buying your valueless tokens and started believing your own lies.  It's going to be hilarious when silver and gold obliterate these things and all the imaginary, valueless tokens implode to nothing.

What is silver backed by?

What kind of idiotic question is that?  "Backing" means you're holding a fucking IOU.  If you have a physical commodity money, you have removed middlemen and counterparty risk and are not dealing in worthless IOUs. Bitcoin on the other hand is just a centralized, permissioned ledger with built-in middlemen and doesn't remove counterparty risk.  It's like willingly admitting yourself into a prison where you have to bribe the transaction validators in order to spend your own funds.  Since it's non-fungible and designed to centralize, the govt can then just declare you an enemy of the state, blacklist your balance, and bar you from transacting at all.  Good job willingly entering yourself into a digital prison cucks!

[BTCMILLIONAIRE]

The issue in my opinion is all crypto ETFs should be crypto (as opposed to fiat) backed.

Valueless tokens backed by other valueless tokens?  Yea, that sounds like a great monetary system.  You people are high on your own koolaid now.  You're typing illogical nonsense to try and deceive 90yr old retirees into buying your valueless tokens and started believing your own lies.  It's going to be hilarious when silver and gold obliterate these things and all the imaginary, valueless tokens implode to nothing.

What is silver backed by?

What kind of idiotic question is that?  "Backing" means you're holding a fucking IOU.  If you have a physical commodity money, you have removed middlemen and counterparty risk and are not dealing in worthless IOUs.  Bitcoin on the other hand is just a centralized, permissioned ledger with built-in middlemen and doesn't remove counterparty risk.  It's like willingly admitting yourself into a prison where you have to bribe the transaction validators in order to spend your own funds.  Since it's non-fungible, the govt can then just declare you an enemy of the state and bar you from transacting at all.  Good job willingly entering yourself into a digital prison cucks!

There's still counterparty risk involved if you consider the possibility of either the cost of synthesizing silver dropping significantly or silver becoming worthless due to the emergence of a better material in the future. And if you believe that this risk is nil you're deluding yourself.

[Torque]

seti is search only.  
and we are sending out massive radiowave signals constantly and in all directions for more than a century now.

Are there any emitters that really cover "all directions"? There's infinitely many of them (directions), so pointed "beams" would cover virtually nothing at sufficiently large distances.

Yeah but we like to point our beams directly at solar systems that we believe could have planets with "life-supporting" conditions. Yeah that should turn out splendidly, like it did in the movie Battleship. 

[conspirosphere.tk]

Good job willingly entering yourself into a digital prison cucks!

Where do you think that you can go with your silver coins?

https://reason.com/archives/2015/11/27/cops-now-take-more-than-robbers

[Wekkel]

What is silver backed by?

What kind of idiotic question is that? ...

It’s the essential question. I will let you figure that one out yourself  

[bitserve]

The single entity that controls the bitcoin price operating on Bitfinex blew tens of millions trying to prevent it from collapsing under $9000, so now he manipulates it back up to his buy-in point praying someone else will buy his coins here.  Who could have possibly guessed this would happen?  Another day of non-aggregate market bitcoin scam - an imaginary token whose price is controlled by a single entity operating on the fraudulent exchange Bitfinex.

Hey r0ach, did you buy the DIP to $6k? Have you already sold everything (again?)? Just to put things in perspective.

It looks like r0ach is ignoring me. What an irony of life. I will now go to my corner to cry for a while before resuming with the party. brb.

[jojo69]

seti is search only.  
and we are sending out massive radiowave signals constantly and in all directions for more than a century now.

Are there any emitters that really cover "all directions"? There's infinitely many of them (directions), so pointed "beams" would cover virtually nothing at sufficiently large distances.

Yeah but we like to point our beams directly at solar systems that we believe could have planets with "life-supporting" conditions. Yeah that should turn out splendidly, like it did in the movie Battleship.  

Actually, radiotelescopes are listen only.

There have been, I think 2, transmissions off the Arecibo array, really just special events/publicity stunts.

As far as anyone hearing us, I dunno man, that inverse square law is a killer.

[realr0ach]

Good job willingly entering yourself into a digital prison cucks!

Where do you think that you can go with your silver coins?

https://reason.com/archives/2015/11/27/cops-now-take-more-than-robbers

You should have spent more than 2 seconds thinking that post through.  In terms of civil asset forfeiture, bitcoin is non-fungible and everyone's coins will be tainted in some manner, so the govt can arbitrarily label anyone they want as a criminal and then steal your funds.  There is no reason whatsoever for a non-fungible currency to exist besides the creation of a digital prison.  The fact transaction validators are designed to centralize makes it even more of a joke claiming it facilitates any type of freedom.

There's still counterparty risk involved if you consider the possibility of either the cost of synthesizing silver dropping significantly or silver becoming worthless due to the emergence of a better material in the future. And if you believe that this risk is nil you're deluding yourself.

Bullshit.  Humans are not inventing magical infinite energy machines to transmute pure energy conjured from thin air into matter.  It requires two neutron stars colliding to make silver and gold.  Even if you make believe humans are going to turn into the living gods you claim, it's definitely not happening in your lifetime or several ones after.  That was by far the worst disinfo attempt I've ever seen to try and shill for digital prison cryptocurrencies and against sound money like silver and gold.