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

[RewFrew]

I think we are for a bull run from now for all crypto Coins including the king BITCOIN.

The altcoins dont moved when we go from 6K To 12K Bitcoin but now with only from 6.5K to 8.3K There is a big explosion.

[Toxic2040]

Bitcorn yesterday.                                                                                                                                                   Bitcorn today.    TA jargon...mewn....yeehaw.

[Lontonbit]

Alts need to sell off in to bitcoin to get a full on bull run

[TERA2]

0.001 million dollar by end of May

noted...

[explorer]

0.001 million dollar by end of May

noted...

That big of a drop over 5-6 weeks I would bet against with everything, if there are any takers...?  Or are we talking something other than BTC?

[Ibian]

co2 is not a pollutant.

True. It's a greenhouse gas tho.

Yes, and that's a good thing, as we just covered.

It's not a good thing. We need atmospheric temperature to be lower than normal human body temperature. Plus, our cognitive abilities suffer from high CO2. Anyone who tried to study in a stuffy room with poor ventilation knows that. We already went from 300 to 400 ppm in one lifetime.

Are you actually retarded?

[Ibian]

I was humbled by the how. Still not entirely sure about the why. But with so many people trying to blockchain all the things, something is bound to stick and be useful

I'm not sure I will ever agree on this. It's more like irrational exuberance for a piece of tech that nobody understands being trivialized into a buzzword for marketing purposes only. The fact that even after years have passed by and people are still struggling to find a proper ROI use case for it outside of Bitcoin only underscores that.

Watch how irrational I make your statement just by replacing "blockchain" with a blunt but true definition/reality:

"But with so many people trying to blockchain slow database all the things, something is bound to stick and be useful"

And how it ever became a verb I will never know. "Do you even blockchain bro?" Nonsensical.

We could use the blockchain for fraud-proof voting. One digital token per voter, an address to send it to for each party, everything public.

[jojo69]

Alts need to sell off in to bitcoin to get a full on bull run

I disagree

The action in the major alts is what makes me think it might be real this time.

LTC looking to break .018

ETH looking to break .07

[bitserve]

1000+ BTC buy wall spotted at Bitfinex.

[Rosewater Foundation]

I was humbled by the how. Still not entirely sure about the why. But with so many people trying to blockchain all the things, something is bound to stick and be useful

I'm not sure I will ever agree on this. It's more like irrational exuberance for a piece of tech that nobody understands being trivialized into a buzzword for marketing purposes only. The fact that even after years have passed by and people are still struggling to find a proper ROI use case for it outside of Bitcoin only underscores that.

Watch how irrational I make your statement just by replacing "blockchain" with a blunt but true definition/reality:

"But with so many people trying to blockchain slow database all the things, something is bound to stick and be useful"

And how it ever became a verb I will never know. "Do you even blockchain bro?" Nonsensical.

We could use the blockchain for fraud-proof voting. One digital token per voter, an address to send it to for each party, everything public.

https://techcrunch.com/2018/03/14/sierra-leone-just-ran-the-first-blockchain-based-election/

"Why is this interesting? While this is little more than a proof of concept – it is not a complete voting record but instead captured a seemingly acceptable plurality of votes – it’s fascinating to see the technology be implemented in Sierra Leone, a country of about 7.4 million people. The goal ultimately is to reduce voting costs by cutting out paper ballots as well as reducing corruption in the voting process."

[Torque]

We could use the blockchain for fraud-proof voting. One digital token per voter, an address to send it to for each party, everything public.

Again, Theory vs. Reality.

Reality:

1. The corrupt establishment would never adopt it, because it limits how they can skew/cheat elections

2. Even if they did allow it, the voting blockchain you would get is not the voting blockchain you would want. It would be centralized, controlled, non-transparent, and have backdoors (i.e., corruptable by the establishment once again).

Ok, next valid use case of blockchain with ROI...

*crickets*

[moneyForjam]

IMO price will soon test and breach 8460

[Toxic2040]

Can any of you gif wizards fix this so its post-able here? I keep still framing it...  :/  Some of my best TA is there.

https://media.giphy.com/media/83al5xPAol3GS5D45L/giphy.gif

 

[bitserve]

We could use the blockchain for fraud-proof voting. One digital token per voter, an address to send it to for each party, everything public.

Again, Theory vs. Reality.

Reality:

1. The corrupt establishment would never adopt it, because it limits how they can skew/cheat elections

2. Even if they did allow it, the voting blockchain you would get is not the voting blockchain you would want. It would be centralized, controlled, non-transparent, and have backdoors (i.e., corruptable by the establishment once again).

Ok, next valid use case of blockchain with ROI...

*crickets*

Public real estate register? Security events accounting? business accounting?

[TERA2]

A single vote by 350,000,000 people with 250 bytes of data per vote would use over 87.5GB on the blockchain. That's just in a really simple case but usually a ballot has like 50 things on it.

[Ibian]

We could use the blockchain for fraud-proof voting. One digital token per voter, an address to send it to for each party, everything public.

Again, Theory vs. Reality.

Reality:

1. The corrupt establishment would never adopt it, because it limits how they can skew/cheat elections

2. Even if they did allow it, the voting blockchain you would get is not the voting blockchain you would want. It would be centralized, controlled, non-transparent, and have backdoors (i.e., corruptable by the establishment once again).

Ok, next valid use case of blockchain with ROI...

*crickets*

Yeah, it would require a culture that is already functioning in an honest way to begin with. Spartas culture lasted 500 years, but it would not have worked in any other place in the world. It's the people that really matter, and the current lot is not worth much.

[moneyForjam]

Alts need to sell off in to bitcoin to get a full on bull run

I disagree

The action in the major alts is what makes me think it might be real this time.

LTC looking to break .018

ETH looking to break .07

I agree.

Eth pumping. I dont think well see sub 500 Eth for a very long time
This  indication should make everyone realize the  (BTC) retest of 6k failed , and trend in now BULLISH

[Ibian]

A single vote by 350,000,000 people with 250 bytes of data per vote would use over 87.5GB on the blockchain.

So, a small harddrive per election? Worth it.

[TERA2]

A single vote by 350,000,000 people with 250 bytes of data per vote would use over 87.5GB on the blockchain.

So, a small harddrive per election? Worth it.

A small harddrive used up by every node on the blockchain. Would be hard to allocate these resources without the nodes becoming centralized.

[Torque]

Ok, next valid use case of blockchain with ROI...

*crickets*

Public real estate register? Security events accounting? business accounting?

ROI?  With real quantifiable numbers?

You're just throwing out pie-meet-sky stuff, with no ROI to back it up. Same as the conference speaking "blockchain disrupters" with no evidence to support.