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

[Rosewater Foundation]

Let the shit coins starve.



Geez, I'm a monster too.

[d_eddie]

The lastest from Masterluc:

Have thrown the schedule. I completely agree. Moreover, I have been talking about this since the fall: 20,000-consolidation-100,000

The truth here is to use the function y = √x instead of trend lines this is certainly know-how. Thanks, masturbate. But this is very correct, because it is this function that describes the emission of bitcoin.

What's even funner about this is it is him in agreement with "Parabolic Trav".

Russians have a great sense of irony and self relativating sarc.

What I see is a really fucking BIG ASS range between the UP possibility and the DOWN possibility, which makes almost NO short term price predicting going on in the chart because almost any short term price movement could show that the chart was right.   It is the nature of relying on some of this kind of charting for short term price movements - whether on the bull side or the bear side.

Well, masterluc was never one for short term predictions! He's praising the idea of square root curves rather than straight line segments for trendlines ("you gave me a hard-on," he says), and I think he's simply reasserting his own predictions from Autumn 2017 - and earlier: he added a few words "from May, even".

I find one of his recent posts has an interesting anti-altcoin twist.

I heard a ringing, but where was it from? From the 13th minute.

I will not talk about politics and I advise you not to. Just dropped the link, and then the classic of the genre is the reasoning (at first glance) of an erudite person about the hype of Bitcoin.

A little less than all the speakers from the TV and YouTube talk about this now. And speculators in general poher, they do not argue at all, they trade three letters acronyms and beautiful logo, totally mindless of what is behind it. There's a full "pump" and "dump" in their heads, let them be rewarded and sit with their naked ass.

The author is right only in the area which he really understands: Bitcoin helps to adapt from the very top. Without this help, everything would be much more complicated, but nevertheless it would be.

Bitcoin differs significantly from Vasya's, Mavrod's and Vitalik Buterin's own currencies (God forgive me). Vasya, Sergey and Vitalik do whatever crosses their minds with their currencies, while Bitcoin works according to its specification (Whitepaper), published in 2009. You can read the specification, start using Bitcoin and expect that the currency will work according to the specification and fuck all. That's why Bitcoin is respected.

Further, it is quite clear who controls bitcoin: the consensus of the miners, but in connection with the recent events (UASF), do not underestimate the full nodes. And one more thing. Bitmain has more than half network capacity. But they, while having the opportunity, do not harm the network even in favor of their shitfork. But it is written in the Whitepaper! It turns out that bitcoin controls its own specification.

And it is quite clear who issues Bitcoins. It is not clear who is issuing XRP, ETH and other kinds of shit. Absolutely not clear. Here (translator note: in Bitcoin) it is.

Bitcoin can be hacked. To do this, you need to run half the hashrate. Now, this will require the work of an entire nuclear power plant. And this is not cheap. But having such power - it will be much, much more profitable to play with it according to the rules of the specification, rather than harm. This is what Bitmain is doing right now. That's why personally I do not think it's dumb to invest money in bitcoin. I know its degree of protection and I am calm.

Maybe I'll write more.

[HairyMaclairy]

Who are Vasya, Mavrod and Sergei?

[Last of the V8s]

but altcoins are the future https://mcfly.aero/

[Rosewater Foundation]

1 minute of flight will require 1 McFly-token for the vehicle to work. Sounds straight forward enough.

[Toxic2040]

Not quite a doji on the daily close..but still bullish imo ..think it should be a exciting weekend.
Into the trenches we go.

[Last of the V8s]

Who are Vasya, Mavrod and Sergei?

slight glitch in translation. Sergei Mavrodi is one person, a nasty scammer https://en.wikipedia.org/wiki/Sergei_Mavrodi
Vasya is too generic for me. Vasily someone. anyone?

[jojo69]

LTC pumparoono

[d_eddie]

Who are Vasya, Mavrod and Sergei?

Mavrod and Sergey might be one and the same - Sergey Mavrodi.
As for Vasya, it could be https://cryptocurrencytalk.com/profile/3836-vasya/ - who started a new blockchain, or ICO or something.  I basically have no clue.  

EDIT - Last of the V8s beat me to it!

[Rosewater Foundation]

Who are Vasya, Mavrod and Sergei?

slight glitch in translation. Sergei Mavrodi is one person, a nasty scammer https://en.wikipedia.org/wiki/Sergei_Mavrodi
Vasya is too generic for me. Vasily someone. anyone?

https://vasya.net
Maybe?

Edit: I also basically have no clue

[d_eddie]

Who are Vasya, Mavrod and Sergei?

slight glitch in translation. Sergei Mavrodi is one person, a nasty scammer https://en.wikipedia.org/wiki/Sergei_Mavrodi
Vasya is too generic for me. Vasily someone. anyone?

https://vasya.net
Maybe?

Edit: I also basically have no clue

I think it's the same guy I pointed to. It must be him.

[Last of the V8s]

https://twitter.com/VasiliyS?lang=en
https://cryptovalley.swiss/about-the-association/
https://www.luxoft.com/
further than that we don't ask if we value our goats

[TERA2]

its a trap its a trap its a trap 12K-14K then continue multi year bear market.

[Rosewater Foundation]

its a trap its a trap its a trap 12K-14K then continue multi year bear market.

You're crazy, man. We're just getting warmed up.

[d_eddie]

Tera, you sound like Rosewater at his finest.

Rosewater, you don't sound like yourself.

[holden.commodore]

RELEASE THE BEAST!

[Last of the V8s]

its a trap its a trap its a trap 12K-14K then continue multi year bear market.

y tho?

[Rosewater Foundation]

Tera, you sound like Rosewater at his finest.

Rosewater, you don't sound like yourself.

I can smell doom, not multi-year bear markets.

[drays]

I find one of his recent posts has an interesting anti-altcoin twist.

Masterluk has always been an altcoin-antagonist. Basically - he neglects alts like all the Bitcoin maximalists do. I am periodically reading his blog lately, and his attitude to Ethereum (as well as to all other alts) is rather disparaging. His main point (though not the only one) is - only Bitcoin is really decentralized and secure.

Well, thats his point of view. It has some merit. I won't completely agree, and am sure some of the alts have a lot to offer, especially the ones which experiment with blockchain, and are not supposed to become just a currency - but we all are entitled to our opinions. Masterluk is a pretty smart, educated person and has great sence of humour too. Reading his blog one can get the most important thing at this time - the peace of mind. But if you don't know Russian - some of his sentences would be absolutely impossible to understand

P.S.Wow, looks like I finally did my first post in WO thread . Won't do much more, as my poor English doesn't let me feel fit here...

[pacman7331]

RELEASE THE BEAST!

Bear gets owned by Tiger... http://www.dailymail.co.uk/news/article-5453995/Fight-tiger-bear-caught-film-India.html