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Poll
Question: How much of your corn do you plan on cashing out in the next massive bull run?
None - 20 (18.2%)
1-10% - 15 (13.6%)
11-20% - 13 (11.8%)
21-30% - 16 (14.5%)
31-40% - 4 (3.6%)
41-50% - 12 (10.9%)
51-60% - 8 (7.3%)
61-70% - 5 (4.5%)
71-80% - 3 (2.7%)
81-90% - 2 (1.8%)
91-99% - 2 (1.8%)
100% - 10 (9.1%)
Total Voters: 110

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 21782092 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. (147 posts by 36 users deleted.)
Speculatoross
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June 07, 2018, 10:31:37 AM

Any comments on this?



Just Luke doing Luke. One more insane rant. What with the earth at the center of the universe, prepare for a PoW change, kill all the non-xtians, and the like.

One of crypto's more ... umm ... colourful characters, to be sure.

FWIW, Gregory Maxwell also believed that satoshi's design was fundamentally and irredeemably broken. And these are the 'geniuses' that so much of the community choose to follow.  Roll Eyes

You highlighted one of the key differences between bcashers and bitcoiners. Bcashers follow people. Bitcoiners follow ideas.


-cut-

tnx everyone for the comments;
btw i knew who Luke Dashjr and Gregory Maxwell are (not just posting random guy tweet lol), but still it's nice to see what other ppl think even such different toughts.

anyway i think the red sentence above is always the perfect summary of most of crypto debates.... like someone said, in eth Vitalik Buterin is the most important person, in btc the most important person is you. Smiley


Just Luke doing Luke. One more insane rant. What with the earth at the center of the universe, prepare for a PoW change, kill all the non-xtians, and the like.
You really believe that POW change is going to happen in bitcoin? 
No. I have no doubt that the result of changing the PoW for Bitcoin will be yet another forked chain that is NotBitcoin.
Yet, this is exactly what Luke-jr has been advocating as of late. Look it up.
All y'all need to get out more.

Not first time i read something like this (ofc).
But in this case, I can't understand why is this a debate, shouldn't be somehow already determined what's better?

We read tweet like Luke's one, or comments like "PoS can't work"...."PoW change is coming"...."there is no real alternatives".... it's not like this topic should not be treated as if we were fans supporting differents football team
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1596657422
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Globb0
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Moon base alpha


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June 07, 2018, 10:31:48 AM

mymenace,

That was largely my point, along with the diff increase it doesn't look good.

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June 07, 2018, 10:35:30 AM

What if I told you none of this shit matters because...

We are now on a doom spiral, with the drivers of this train envisioning some kind of transsexual sharia communism where everything is owned by Jeff Bezos
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June 07, 2018, 10:37:14 AM

mymenace,

That was largely my point, along with the diff increase it doesn't look good.




Thought as much.


That was one hell of a train wreck to watch - butterfly labs

1. The initial announcement as you pointed out
2. The immediate realization of what they were going to do. mine, mine and mine before you get it
3. And then they did it
4. Surprise, got caught

Everyone called it from this point on wards

what a train wreck it was
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June 07, 2018, 10:41:02 AM

Quote
FWIW, Gregory Maxwell also believed that satoshi's design was fundamentally and irredeemably broken. And these are the 'geniuses' that so much of the community choose to follow.  Roll Eyes

As if you have any kind of credibility here to be asserting the ideas of GMaxwell in proper context?

You need me to dig up a quote to show how wrong you are?

Found this:

Quote
"When bitcoin first came out, I was on the cryptography mailing list. When it happened, I sort of laughed. Because I had already proven that decentralized consensus was impossible."
but than also
Quote
"I started contributing to the bitcoin software basically right after paying attention to it and learning how it worked. Seeing, 'oh, this isn't impossible'."
https://www.coindesk.com/gregory-maxwell-went-bitcoin-skeptic-core-developer/


Even tho "someone" simply thinks this about  Maxwell Smiley



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June 07, 2018, 10:44:00 AM

Quote
FWIW, Gregory Maxwell also believed that satoshi's design was fundamentally and irredeemably broken. And these are the 'geniuses' that so much of the community choose to follow.  Roll Eyes

As if you have any kind of credibility here to be asserting the ideas of GMaxwell in proper context?

You need me to dig up a quote to show how wrong you are?

Found this:

Quote
"When bitcoin first came out, I was on the cryptography mailing list. When it happened, I sort of laughed. Because I had already proven that decentralized consensus was impossible."
but than also
Quote
"I started contributing to the bitcoin software basically right after paying attention to it and learning how it worked. Seeing, 'oh, this isn't impossible'."
https://www.coindesk.com/gregory-maxwell-went-bitcoin-skeptic-core-developer/


Even tho "someone" simply thinks this about  Maxwell Smiley






Who in hell is Greg Smackswell

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June 07, 2018, 10:44:10 AM



What the hell does this volume decline mean?

-Not even Doanld will risk a wall
-LOL bleedout
-No volume bounce is possible, some anti gravity force I don't know about is out there

It shows indecision as we get to the apex of the big triangle. Something big will happen within the next week or two.

So let's say that their is no volume --> nobody sells nobody buys, no bots nothing.
What happens to the price?

It stays the same level , doesn't it?

"No volume" hasn't happened yet. Low volume means that anybody who buys/sells even just 1$ of the stuff (maybe to themselves, as in a wash trade) get to make the price the world sees. This price manipulation is extremely easy, meaning cheap, because of the low volume.
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How much alt coin diversification is needed? 0%?


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June 07, 2018, 10:44:33 AM

also WO is like 20 pages further anything funny happend ?

We read infinite JayJuanGee posts and were fascinated by the material:



And, like this, too:

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June 07, 2018, 11:04:35 AM

No. I have no doubt that the result of changing the PoW for Bitcoin will be yet another forked chain that is NotBitcoin.
Yet, this is exactly what Luke-jr has been advocating as of late. Look it up.
All y'all need to get out more.

And yet that's exactly what the BCash idiots did, forked a chain that is NotBitcoin. Oh the irony.

But jbreher likes his selective amnesia, it feeds into his cognitive dissonance I guess.  Undecided
mymenace
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June 07, 2018, 11:17:25 AM

No. I have no doubt that the result of changing the PoW for Bitcoin will be yet another forked chain that is NotBitcoin.
Yet, this is exactly what Luke-jr has been advocating as of late. Look it up.
All y'all need to get out more.

And yet that's exactly what the BCash idiots did, forked a chain that is NotBitcoin. Oh the irony.

But jbreher likes his selective amnesia, it feeds into his cognitive dissonance I guess.  Undecided

Bcash in freefall


 Grin Grin Grin

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June 07, 2018, 11:28:08 AM

No. I have no doubt that the result of changing the PoW for Bitcoin will be yet another forked chain that is NotBitcoin.
Yet, this is exactly what Luke-jr has been advocating as of late. Look it up.
All y'all need to get out more.

And yet that's exactly what the BCash idiots did, forked a chain that is NotBitcoin. Oh the irony.

But jbreher likes his selective amnesia, it feeds into his cognitive dissonance I guess.  Undecided

Bcash in freefall


 Grin Grin Grin



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June 07, 2018, 11:29:31 AM

greensheep
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June 07, 2018, 11:40:56 AM



What the hell does this volume decline mean?

-Not even Doanld will risk a wall
-LOL bleedout
-No volume bounce is possible, some anti gravity force I don't know about is out there

It shows indecision as we get to the apex of the big triangle. Something big will happen within the next week or two.

So let's say that their is no volume --> nobody sells nobody buys, no bots nothing.
What happens to the price?

It stays the same level , doesn't it?

"No volume" hasn't happened yet. Low volume means that anybody who buys/sells even just 1$ of the stuff (maybe to themselves, as in a wash trade) get to make the price the world sees. This price manipulation is extremely easy, meaning cheap, because of the low volume.

Thanks, d_eddie, I was actually trying to understand the 'volume preceeds the price' statement.
I often read "their is no volume, volume is declining, price will go down... "
So price shifts upwards with high volume  --> uptrend confirmed
Currently price seems stable but the volume is declining, so prices can be stable with decreasing volume too?
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June 07, 2018, 12:26:56 PM
Merited by Karartma1 (1), itod (1), vroom (1), Toxic2040 (1)


via @qew
Last of the V8s
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June 07, 2018, 12:34:40 PM

http://archive.is/Y9NNv - http://www.thedrive.com/the-war-zone/21358/virginia-soldier-may-have-had-bigger-plans-for-drug-fueled-rampage-in-stolen-armored-vehicle
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He was also involved in the development of a cryptocurrency called ZenCash, before leaving the project and claiming he had discovered a way to hack its underlying blockchain. One of his more cryptic Tweets said "permission to execute the 0day sir," with a "zero-day" being a common term for a known cybersecurity vulnerability. On June 4, 2018, ZenCash did suffer a cyberattack, but there is no evidence so far linking Yahut to that event.
via @shinohai
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a Cray can run an endless loop in under 4 hours


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June 07, 2018, 12:42:54 PM



nice one, thanks for sharing.
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June 07, 2018, 01:51:08 PM

Only a breakout that is 1/3 away from apex of triangle is significant.

If btc manages to exit the pattern from the apex, the direction of exit is not important
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June 07, 2018, 02:01:25 PM
Last edit: June 07, 2018, 03:58:29 PM by RayX12

Looking at these graphs makes me think that BTC is ON TRACK TO MOON LANDING as long as hashrate continues to climb.

Hashrate vs Price last 12 months (linear scale):



Hashrate vs Price all time (log scale):



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a Cray can run an endless loop in under 4 hours


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June 07, 2018, 03:24:29 PM

Looking at these graphs makes me think that BTC is ON TRACK TO MOON LANDING as long as hashrate continues to climb.


IMO hashrate is following the price.

we would see decreasing hashrate when the bitcoin price is to low for to long. if there is no money left to pay power bills hashrate will fall fast.
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June 07, 2018, 03:34:34 PM

No. I have no doubt that the result of changing the PoW for Bitcoin will be yet another forked chain that is NotBitcoin.
Yet, this is exactly what Luke-jr has been advocating as of late. Look it up.
All y'all need to get out more.

And yet that's exactly what the BCash idiots did, forked a chain that is NotBitcoin. Oh the irony.

But jbreher likes his selective amnesia, it feeds into his cognitive dissonance I guess.  Undecided

Funny thing is how they try to be Bitcoin instead of “something better” (according to their religion).

Why would you want to be the same as something that you think less of your product. Few days ago I saw global “rebranding” campaign that would make us believe which is the true Bitcoin  Roll Eyes
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