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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 25527431 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (158 posts by 14 users with 9 merit deleted.)
CookieFactory
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May 15, 2018, 08:38:39 PM


I appreciate it. Unfortunately just too many spam bots to allow open commenting.
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May 15, 2018, 08:45:56 PM




Sorry, Tera - not a 'well-researched' article:

'Case in point, coder Peter Saddington, 35, bought a Lamborghini three years ago for $200,000 with 45 bitcoins'

And years ago, the price of a bitcoin was....?

not sure what price was 3 years ago (can't be bothered to google it) but it sure as hell wasn't  $4,444.44. not even in the ballpark.
"not well researched" is an understatement.
 these clueless hacks are such morons when it comes to writing stories about crypto.
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May 15, 2018, 09:01:04 PM

reverse bart (testing 8900-9000) in the next 4 hours?

I can see something like that playing out. We would just have to see what momentum it might produce. Price discovery, stop hunting..what ever you want to call it is still taking place. The markets are so thin we could as easily trend downward as well. Honey badger does what it wants.






and about here  Tongue
I might be somewhat over enthusiastic at times.

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May 15, 2018, 09:06:10 PM




Sorry, Tera - not a 'well-researched' article:

'Case in point, coder Peter Saddington, 35, bought a Lamborghini three years ago for $200,000 with 45 bitcoins'

And years ago, the price of a bitcoin was....?

not sure what price was 3 years ago (can't be bothered to google it) but it sure as hell wasn't  $4,444.44. not even in the ballpark.
"not well researched" is an understatement.
 these clueless hacks are such morons when it comes to writing stories about crypto.

I think that people who dream of buying lambos are probably talented in something else then investing. In investment perspective, buying a lambo is one of the most foolish decisions. It is difficult to operate in normal circumstances, wasteful, impractical and most importantly have a quickly depreciating value. It would be hard to take someone serious who drives a lambo and defines himself as an investor. A football player, lottery winner, drug trafficker.. sure.. but an investor, no way. People who are talented in investing and love the game, would probably have a involuntary nervous tick if they would buy and drive a lambo.
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May 15, 2018, 09:41:04 PM

I really enjoyed those Matzo recipes. Thanx Bob!
Oh I messed up my quotes...silly me!  Wink Grin
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May 15, 2018, 09:46:51 PM
Last edit: May 16, 2018, 09:33:08 PM by buyandhold

https://www.centre.io/
There's the takeover bid. (Goldman [edit]and DCG-backed) Circle and Bitmain.
Quote
The technology behind CENTRE makes it possible to exchange value between people, businesses and financial institutions just like email between mail services and texts between SMS providers. By using price-stable crypto assets, or stablecoins, we can remove artificial economic borders and create a more inclusive global marketplace.
"More freedom" - Jihan Wu
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May 15, 2018, 09:50:47 PM
Last edit: May 15, 2018, 11:44:04 PM by realr0ach

"CENTRE is a governed network powered by price-stable crypto assets"

Governed?  Where can I sign up for some of these imaginary, valueless tokens governed by Jews?  I've always wanted to combine the worst parts of bitcoin - being imaginary, valueless tokens - with the worst parts of fiat!  I really need to dump this wretched sound money, physical silver and buy some of this stuff.

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May 15, 2018, 10:07:16 PM

https://www.centre.io/
There's the takeover bid. (Goldman-backed) Circle and Bitmain.
Quote
The technology behind CENTRE makes it possible to exchange value between people, businesses and financial institutions just like email between mail services and texts between SMS providers. By using price-stable crypto assets, or stablecoins, we can remove artificial economic borders and create a more inclusive global marketplace.
"More freedom" - Jihan Wu

this is a usd backed pos coin right? Centralized to beat heck I guess....also? So, I guess we are seeing where Bitmain's end game is at after it destroys ASIC mining.....

https://www.cnbc.com/2018/05/15/goldman-sachs-backed-start-up-circle-introducing-a-crypto-us-dollar.html

Bitmain, true evil never rests... Sad

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May 15, 2018, 10:09:28 PM

Well, after watching a series of Consensus livestreams I've concluded that you'd have to be a fooking nutter to think crypto's going anywhere but eventual gargantuanosity by now.

I hope the pisstaking ICO dead wood gets erased along the way though.
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May 15, 2018, 10:15:42 PM

You know what this thread is also about?

It's about people coming in and contributing something, anything, of value rather than simply being an asshat and criticizing the purpose/value of this thread.

My fault. Thought it was "a Bitcoin price movement tracking & discussion".

Rule #1:  Consider the SOURCE.
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May 15, 2018, 10:20:04 PM

Torque
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May 15, 2018, 10:28:33 PM
Merited by ssmc2 (1)

edited: https://twitter.com/jmcorgan/status/996434257026453506 a twitter thread summing things up so far from a core dev's pov

This is the most eloquent and amazing summary of the whole "blockchain not Bitcoin" fallacy.

Bravo, well done to Johnathan. He gets it.
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May 15, 2018, 11:15:56 PM
Last edit: May 15, 2018, 11:34:33 PM by realr0ach

edited: https://twitter.com/jmcorgan/status/996434257026453506 a twitter thread summing things up so far from a core dev's pov

This is the most eloquent and amazing summary of the whole "blockchain not Bitcoin" fallacy.

Bravo, well done to Johnathan. He gets it.

This is fake news.  

How much more spam must I endure from shitcoin shills who completely overlook the fact transaction validators are always designed to terminally centralize over time and it's 100% impossible to create a decentralized digital currency?  Yea, bitcoin is an open entropy system...except for the fact the only function this variable serves in real world practice is transferring a metaphorical baton of complete or almost complete monopoly from one guy to the next.

This attribute serves no purpose in decentralization due to things like foundry startup costs, asymmetric bell curve's effect on chip design, asymmetric power costs globally, the list goes on for hours.  The only way bitcoin can function is a slumlord technocracy where a tiny amount of people who have access to both large amounts of capital and large amounts of brain power (which can just be bought with the capital), then enslave everyone else in a permissioned ledger monopoly because the amount of transaction validators is so small collusion is the norm instead of the exception.  

That and tokens are non-fungible and transactions are not blinded, so you need to go beg one of the 1-4 or so transaction validators to allow you to transact at all and not put you on their cartel black list which is 100% guaranteed to be run by some sort of global govt entity.  Hello, state.  May I spend today?  Nope, we just blacklisted all of your shitcoin tokens.  Your net worth is now zero and will never be able to be spent.  You may as well send them to a null address to destroy them, but we won't even allow you to do that.
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May 15, 2018, 11:36:27 PM

edited: https://twitter.com/jmcorgan/status/996434257026453506 a twitter thread summing things up so far from a core dev's pov

This is the most eloquent and amazing summary of the whole "blockchain not Bitcoin" fallacy.

Bravo, well done to Johnathan. He gets it.
+10 WOsMerits to the Author.

+1 WOsmerit to you Torgue for pointing it out..thanks.

-------------
Squirrel gathers corn.

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May 15, 2018, 11:40:38 PM
Last edit: May 15, 2018, 11:51:56 PM by realr0ach

Anyone else notice the ESF Jews trying to rig the price of lumber into a bubble in order to prop up the housing bubble by rigging material costs?  That moment when you can't figure out if r0ach is the smartest or dumbest person in the room.
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May 15, 2018, 11:43:41 PM

This is some nasty whipsaw action. I got stopped out of my last long. Sitting on the sidelines now. I'm leaning sort of bullish still but I'm not gonna risk getting my stops run again until bulls are more decisive.
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May 16, 2018, 12:11:40 AM

edited: https://twitter.com/jmcorgan/status/996434257026453506 a twitter thread summing things up so far from a core dev's pov

This is the most eloquent and amazing summary of the whole "blockchain not Bitcoin" fallacy.

Bravo, well done to Johnathan. He gets it.

190 proof

the real deal
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May 16, 2018, 01:17:29 AM

also. with bitcoin, you can't build little stonehenges with it

big minus right there



Carhenge:  http://carhenge.com/
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May 16, 2018, 01:32:36 AM

Sheeit.

Don't stop buying those shitcoins now, Bob.  Tim Draper needs a new set of golf clubs and John McAfee needs an entirely new life.
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May 16, 2018, 01:40:59 AM

Great day for a bull trap. Comedy gold. Undecided
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