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

[Rosewater Foundation]

The frothing wormtrain snakes it's way into the Monday tall grass.

[pacman7331]

We got eight days to break 12k until we break the upward trend.
Should be easy.
Bears got a rough job.

[Rosewater Foundation]

We got eight days to break 12k until we break the upward trend.

"Carolina!" He screamed. "There's a wormtrain making snake in your tall grass!"

[600watt]

meh

I would have expected violent upward action when we broke the downtrend.  This break is unconvincing.

I think we are in for the chaotic establishment of a sideways channel, it's bounds as yet undetermined, but this may well be the upper.

ripple scam stole this "violent upward action" this round. +20% and they are not even using their own scam coin when they roll out services.




(it shouldn't read "you" but "they")

[anhzaibro]

BTC immediately conquered the level of 11.7k rises over the turn to support the threshold to conquer the threshold of 12.7k, then again turn this threshold into support to break the threshold of 14.3k

[ErisDiscordia]

Thought experiment. Two tribes, the northern herders and the southern herders. The northern herders, the collectivists, agree to live according to the common good, such that no man would starve in time of plenty. The southern herders, the individualists, agree to live according to individual rights. A man may go hungry in the south, but all community action is voluntary on principle. Is there any sensible way in which one tribe can be called more moral than the other? Is there some metamorality by which we can make sense of this?

"In the beginning of human life, when there was yet no law and government, the custom was "everybody according to his moral (yi)." Accordingly each man had his own moral, two men had two different morals and ten men had ten different morals -- the more people the more different notions. And everybody approved of his own moral and disapproved the views of others, and so arose mutual disapproval among men. As a result, father and son and elder and younger brothers became enemies and were estranged from each other, since they were unable to reach any agreement. Everybody worked for the disadvantage of the others with water, fire, and poison. Surplus energy was not spent for mutual aid; surplus goods were allowed to rot without sharing; excellent teachings (Dao) were kept secret and not revealed."

https://en.m.wikipedia.org/wiki/State_of_nature

That's Thomas Hobbes. He was paranoid AF in his social philosophy due to living during the times of Cromwell, the republic and civil war. As a result he had a low opinion of "human nature" which tended to make life "nasty, brutish and short" in the absence of some higher restraining power (Leviathan/the state).

I have to wonder about the mental health of people quoting Hobbes - what sort of hellhole did you grow up in to completely overlook the human drive for cooperation?

[Rosewater Foundation]

the human drive for cooperation

Science-y fact: An ape sees another ape try for something out of reach, it's more likely to help if that ape has unselfishly groomed him in the past.

[Rosewater Foundation]

The problem is adjudicating between different tribal moralities. Cooperation evolved like morality evolved, to solve in-group problems. There doesn't seem to be anything analogous in dealing with out-group problems. America is torn between northern herders and southern herders. What do?

[jojo69]

ffs

wasn't I debunking Hobbes just last week?

[Rosewater Foundation]

ffs

wasn't I debunking Hobbes just last week?

Yeah. You do good work.

[Dakustaking76]

And again the fucking big players wont that we rise above €9500

[mike4001]

And again the fucking big players wont that we rise above €9500

I don't get it either how it can benefit them to keep the price down.

Big player should have quiet a lot of Bitcoins so an price increase should benefit them much more but if they could buy some more and the price for all of their Bitcoins stays down.

[afbitcoins]

Thought experiment. Two tribes, the northern herders and the southern herders. The northern herders, the collectivists, agree to live according to the common good, such that no man would starve in time of plenty. The southern herders, the individualists, agree to live according to individual rights. A man may go hungry in the south, but all community action is voluntary on principle. Is there any sensible way in which one tribe can be called more moral than the other? Is there some metamorality by which we can make sense of this?

All would be good for a while for the northern collectivists. But eventually a section of the northern collectivists would start to notice that handouts were more profitable than breaking a sweat to do any labour themselves. They would start to demand more handouts as they are entitled to them. The ones who do work hard would be taxed more and more heavily and eventually conclude why bother. The society would collapse only seeing seeds of recovery once the heavy taxation burden had finally gone and people start to work hard and see the fruit of their labour. They would change to become more individualistic.

Those on the south would thrive enjoying the fruits of their labour. Their society would become rich. Trade and commence would flourish. The leaders would share the wealth and create things like national health service they would all congratulate themselves on being so forward thinking and generally great. But slowly people would demand more and more for the common good. They become more collectivist. Taxes rise to pay for it all.

And so on

 

[snowdropfore]

20000pages  is coming ,hope when the 20000 pages coming with the price of $20000, that will be awesome.

[HairyMaclairy]

Thought experiment. Two tribes, the northern herders and the southern herders. The northern herders, the collectivists, agree to live according to the common good, such that no man would starve in time of plenty. The southern herders, the individualists, agree to live according to individual rights. A man may go hungry in the south, but all community action is voluntary on principle. Is there any sensible way in which one tribe can be called more moral than the other? Is there some metamorality by which we can make sense of this?

"In the beginning of human life, when there was yet no law and government, the custom was "everybody according to his moral (yi)." Accordingly each man had his own moral, two men had two different morals and ten men had ten different morals -- the more people the more different notions. And everybody approved of his own moral and disapproved the views of others, and so arose mutual disapproval among men. As a result, father and son and elder and younger brothers became enemies and were estranged from each other, since they were unable to reach any agreement. Everybody worked for the disadvantage of the others with water, fire, and poison. Surplus energy was not spent for mutual aid; surplus goods were allowed to rot without sharing; excellent teachings (Dao) were kept secret and not revealed."

https://en.m.wikipedia.org/wiki/State_of_nature

That's Thomas Hobbes. He was paranoid AF in his social philosophy due to living during the times of Cromwell, the republic and civil war. As a result he had a low opinion of "human nature" which tended to make life "nasty, brutish and short" in the absence of some higher restraining power (Leviathan/the state).

I have to wonder about the mental health of people quoting Hobbes - what sort of hellhole did you grow up in to completely overlook the human drive for cooperation?

Well the Moji did grow up during the Warring States period (c. 400 BC) which was a pretty hellish time so perhaps not surprising he was quoting Hobbes.  

[HairyMaclairy]

20000pages  is coming ,hope when the 20000 pages coming with the price of $20000, that will be awesome.

I’m shitposting my way into immortality.

Edit: for those following along at home,  I have just been informed by the OTC desks that they don’t want the third world shitfiat.  Doesn’t look like I can help, going to have to remain someone else’s problem.

[ghandi]

So, let's see if we can hold the upward momentum.

[flynn]

20000pages  is coming ,hope when the 20000 pages coming with the price of $20000, that will be awesome.

I’m shitposting my way into immortality.

Edit: for those following along at home,  I have just been informed by the OTC desks that they don’t want the third world shitfiat.  Doesn’t look like I can help, going to have to remain someone else’s problem.

[Ibian]

Thought experiment. Two tribes, the northern herders and the southern herders. The northern herders, the collectivists, agree to live according to the common good, such that no man would starve in time of plenty. The southern herders, the individualists, agree to live according to individual rights. A man may go hungry in the south, but all community action is voluntary on principle. Is there any sensible way in which one tribe can be called more moral than the other? Is there some metamorality by which we can make sense of this?

The commies die in short order to infighting, or at best turn into shitholes. See also: matriarchies India (but I repeat myself).

[HairyMaclairy]

Well there you go.  Left wingers like me who are pissed off about 4chan turning the Florida shooting into a false flag operation by the CIA are partially responsible for the spread of the conspiracy to gullible right wingers.

https://www.wired.com/story/how-liberals-amped-up-a-parkland-shooting-conspiracy-theory/