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

[jojo69]

he is the most polite one

and I'm pretty sure D Eddie is bajoran

[1714509355]

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[1714509355]

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[1714509355]

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[Ibian]

he is the most polite one

In a slide the dagger between your ribs sort of way.

[pfrtlpfmpf]

he is the most polite one

and I'm pretty sure D Eddie is bajoran

Ok, ok, we have to live with jbreher, for better, or worse 

[ThePunisher49X]

What a weird chart.

Not much different than looking it this way.

[Biodom]

In theory all the oxygen in the room you currently reside in could go to the roof, leaving your with a nice mix of co2 and nitrate to try breathing. In theory.

Not without an influx of energy in order to overcome the entropy.

Energy, entropy...how about a block universe idea (strangely rhyming with blockchain).
I think that blockchain now informs some new interesting ideas in physics.

Read an interesting discussion on time, entropy and block universe here:

https://www.quantamagazine.org/a-debate-over-the-physics-of-time-20160719/

[Kylapoiss]

Guys, i seriously sold magic mushrooms in my restaurant, 25 years ago, it was on our menu, right under "fried rice". I kid you not !
If i would have grandchildren, i would have a story to tell.
I just stopped that, because people kept driving into the ditch, loughing their ass off. Again, this is no joke !
Damn, nobody`s gonna believe me, but that`s exactly, what happened in my life.

The tricky part was always testing, how strong they are (knowing, they grow on buffalo-shit, but that was the least of my problems).

I actually realised on shrooms that I have to get into crypto, back in 2013. I first heard about bitcoin in 2011 but my stupid brain didn't take it in then, needed a little push I guess.

Shrooms are fun.

[HairyMaclairy]

[Toxic2040]

I touched upon this briefly before, how if something is making you cringe or feel bad..it probably is. There is a quote by Zechariah Chafee, pretty sure I will mangle it but goes something like this.."Your right's to free speech end at my nose". I think many of you would be surprised at my background and political leanings but I try not to bring those to the front in posts about the Wall. I do not always succeed and I apologize for any off topic-ness that is unwelcome.

That being said...there is a very defined line in my moral compass and it has been tested by some of the posts here. I will walk out farther upon shaky ground. I actually appreciate some of the bug's post about PM's. It is always refreshing to hear a contrarian view point no matter how dogmatic it may be. However, when those post's turn towards Nazism and advocating genocide I have to say a very loud NO! This is not right and nor should it be accepted anywhere in a rational society. This is the last time I will broach this subject. I think infofront does a pretty good job at moderating this thread..I would like to see that continue.

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Bitcoin

Energy, entropy...how about a block universe idea (strangely rhyming with blockchain).
I think that blockchain now informs some new interesting ideas in physics.

Read an interesting discussion on time, entropy and block universe here:

https://www.quantamagazine.org/a-debate-over-the-physics-of-time-20160719/

+1 WOsMerit  Thanks...I will review this.

[HairyMaclairy]

[Last of the V8s]

[MERlT]

bad actors have always attempted to derail this thread, it is the beacon for bitcoin freedom so they scat all over it to scare away the noobs into fakecoin scams or until they can fill their bags ... they have varying levels of success, roach and bitunlocker are doing ok by notlambchop standards (I would have banned both long before now because clearly they are just here to derail ... but hey that's just me)

You would think sometimes, that Theymos and Co, encourage them to be here to spout all that vitriol & FUD.   

[realr0ach]

Racial differences, the basic cliffnotes version:

When you make blanket "cliff notes" statements like that (and this has nothing to do with whether I may agree with them or not...hell.. they may indeed have some truth to them for all I phucking know) but you need citation links to back them up

Why even ask Ibian for such research instead of me since he's an amateur alt-lite at best and not even close to Waffen SS material or standards?  The first real consensus on race and IQ in the modern era was probably the following:

https://en.wikipedia.org/wiki/Mainstream_Science_on_Intelligence

Ever since this point, it's been nothing but Marxist censorship and not much has been expanded upon by the science community due to fear of retaliation.

[Samarkand]

...

I have a sneaking suspicion most of Q2 is going to be boring AF, with mostly sideways action.
...

I expect the same, because there are too many parties that are incentivized to keep
Bitcoin above the average cost of mining a single Bitcoin. Therefore the downside risk from
the current price level is minimal. Of course it is possible that some miners try to bankrupt their
competitors by driving the price lower and mining at a loss for a while, but if a situation
like that would occur it would only be temporary anyway. The upside potential is probably limited too for now
after the parabolic rise at the end of 2017.

Other developments like the decay of the major altcoins and the upcoming block reward halving
in 2020 will drive the BTC price to new highs again.

I personally intend to withdraw all my personal investments that are not in Bitcoin right now during
2018 and commit 100 % of my investment portfolio to Bitcoin going forward.

Therefore I would actually be pretty content if the price would remain below 10k $ for a few more months
until I get that sorted out.

Why would I want to keep savings in fiat when any potential gains are inflated away anyway...

[realr0ach]

I've seen this dumb meme a lot lately of "why do taxes exist when they can just print?".  Probably because chance of hyperinflation would be 10x higher, duh?  Did you people just fall off a turnip truck?  That and they want precedent for extracting from you when they're inevitably forced to go back to sound money (physical silver and gold).

[HairyMaclairy]

The bear trap.  Target $50k December 2018.

[realr0ach]

bad actors have always attempted to derail this thread, it is the beacon for bitcoin freedom so they scat all over it to scare away the noobs into fakecoin scams or until they can fill their bags ... they have varying levels of success, roach and bitunlocker are doing ok by notlambchop standards

LOL, nice lying there Marcus.  Bitunlocker is a fucking JIDF shill telling people we need to bomb Iran and I'm obviously not.  I'm one of the few honest people in this entire thread that tells the truth about what bitcoin is, how it's designed to centralize, functions as a non-fungible, permissioned ledger in practice, and doesn't have any fundamentals compared to physical silver and gold.  

You are the real lying shill who tries to derail people from learning about these issues and failures of bitcoin while pretending bitcoin actually has a reason to exist at all the day after the first ASIC was created.  It doesn't. Bitcoin was a failure ever since that day.  You just sit here and lie to people 24 hours a day to try and run pump and dumps to line your pockets with shekels.  You are the Judas trying to sell out humanity into a designed to centralize, govt tracking grid, cashless society slave system for personal gain when much better alternatives have already existed for thousands of years (silver and gold) that don't wind up with all humans being enslaved.

You're either an extremely selfish person, a paid shill, or not as smart as you think you are if you think Bitcoin is exempt from the Kaczynski rule.

[Samarkand]

I've seen this dumb meme a lot lately of "why do taxes exist when they can just print?".  Probably because chance of hyperinflation would be 10x higher, duh?  Did you people just fall off a turnip truck?  That and they want precedent for extracting from you when they're inevitably forced to go back to sound money (physical silver and gold).

We both agree that the current system will eventually be replaced by something that is based
on sound money (after all fiat money is the historical anomaly).

I´m not one of these hardcore libertarians, who is dreaming of a world without any taxes. I just
happen to disagree with the current level of taxation in my own country (I live in one of the
European countries, that is rather wealthy for now, but has a ridiculously high level of taxation) and most other countries.
There is this weird phenomenon where the state grows continously, but never shrinks. This obviously
leads to an ever-growing demand for more money where the state needs to extract more money using
taxation and a growing deficit.

If your politicians also follow a ridiculously stupid immigration policy, which exacerbates the whole
situation even more by introducing hundreds of thousands of people, who won´t be living
off productive work but off government transfers the outlook is pretty grim (you are probably
able to guess my country right now  ).

[btcbeliever]

Appearances is 1-5 years, actual distance is what, 6months?

[Totscha]

I've seen this dumb meme a lot lately of "why do taxes exist when they can just print?".  Probably because chance of hyperinflation would be 10x higher, duh?  Did you people just fall off a turnip truck?  That and they want precedent for extracting from you when they're inevitably forced to go back to sound money (physical silver and gold).

We both agree that the current system will eventually be replaced by something that is based
on sound money (after all fiat money is the historical anomaly).

I´m not one of these hardcore libertarians, who is dreaming of a world without any taxes. I just
happen to disagree with the current level of taxation in my own country (I live in one of the
European countries, that is rather wealthy for now, but has a ridiculously high level of taxation) and most other countries.
There is this weird phenomenon where the state grows continously, but never shrinks. This obviously
leads to an ever-growing demand for more money where the state needs to extract more money using
taxation and a growing deficit.

If your politicians also follow a ridiculously stupid immigration policy, which exacerbates the whole
situation even more by introducing hundreds of thousands of people, who won´t be living
off productive work but off government transfers the outlook is pretty grim (you are probably
able to guess my country right now  ).

The immigration numbers suggest it's Germany, the rest could be almost any EU country.

[Ibian]

I touched upon this briefly before, how if something is making you cringe or feel bad..it probably is. There is a quote by Zechariah Chafee, pretty sure I will mangle it but goes something like this.."Your right's to free speech end at my nose". I think many of you would be surprised at my background and political leanings but I try not to bring those to the front in posts about the Wall. I do not always succeed and I apologize for any off topic-ness that is unwelcome.

That being said...there is a very defined line in my moral compass and it has been tested by some of the posts here. I will walk out farther upon shaky ground. I actually appreciate some of the bug's post about PM's. It is always refreshing to hear a contrarian view point no matter how dogmatic it may be. However, when those post's turn towards Nazism and advocating genocide I have to say a very loud NO! This is not right and nor should it be accepted anywhere in a rational society. This is the last time I will broach this subject. I think infofront does a pretty good job at moderating this thread..I would like to see that continue.

Define bad. r's and K's have opposed values. What is bad for one of them is the highest good for the other.

Which is why it is so vital for everyone to understand how it works. Because if we don't, then we can't find a better solution than gassing jews, and then we will end up gassing jews again.