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Question: Price prediction for the May 21 weekly close:
<$20,000 - 7 (8%)
$20,000 - $22,000 - 0 (0%)
$22,000 - $24,000 - 2 (2.3%)
$24,000 - $26,000 - 3 (3.4%)
$26,000 - $28,000 - 7 (8%)
$28,000 - $30,000 - 12 (13.8%)
$30,000 - $32,000 - 20 (23%)
$32,000 - $34,000 - 8 (9.2%)
$34,000 - $36,000 - 6 (6.9%)
$36,000 - $38,000 - 3 (3.4%)
$38,000 - $40,000 - 2 (2.3%)
>$40,000 - 17 (19.5%)
Total Voters: 87

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 25646084 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. (168 posts by 4 users with 9 merit deleted.)
regent4
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June 22, 2018, 12:16:01 AM
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https://i.imgur.com/RJTzZQz.png

daily analysis here - waiting for breakout

http://blockchainshowdown.blogspot.com/2018/06/btc-usd-22nd-june-2018.html
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JayJuanGee
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June 22, 2018, 12:18:28 AM

What really piss me, is that there is still not sufficient despair around this forum. Even me, I still hope for btc to pump again soon, this is totally different from 2014 lows, when I was crying alone and thinking about cutting my losses. We need more desperation for the new lows to be confirmed and for tge crypto winter end. Please everybody turn bearish now, maybe we can shake the weak hands faster that way, this bleeding is killing my hope...(and this is good for btc price)


If you want to get history correct, then hopefully we are in a 2015 like period right now, rather than a 2014 like period because if we are in a 2014 like period, then there could be a long way to go before either the correction is over or the community as a whole is sufficiently ready to resume UP. 

Whatever the process, it is likely that you cannot really rush it.  The market is going to do what it is going to do, and in that regard, if you believe that there might be more down, then go ahead, sell.  I personally only believe in buying as or if the price goes down unless there is some kind of immediate situation that might cause me to see an inevitable and large price fall from our current place - which does not seem to be the current price status of bitcoin.
jbreher
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June 22, 2018, 12:32:38 AM

Nobody has been claiming that doublespends are impossible. The argument is that the potential for doublespends is a manageable cost of doing business.

Unbelievable. Such insane BCash confirmation bias. If Bitcoin had this blatant flaw right now, you'd be screaming.

BTC does have that flaw. Much worse than BCH, even.
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June 22, 2018, 12:36:27 AM

More Bcash double spendings  Shocked

https://doublespend.cash/

jbreher the BCash lover wants to go on and on about how Bitcoin fungibility is somehow "compromised" with SegWit.

But on this BCash compromise (ie. complete failure)? Dead silence. Crickets.

Complete failure? Not at all. For those transactions worth waiting for, you can wait for block inclusion. It is an option that BTC does not give you.

You attempt to suggest that bitcoiners are less empowered because bitcoin does not allow for zero confirmations;

I don't suggest anything of the sort. I suggest that BTC'ers are less empowered because BTC actively weakens the ability to profitably accept zero confirmation transactions.
Last of the V8s
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Be a bank


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June 22, 2018, 12:43:11 AM



jbreher's spirit animal
jbreher
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June 22, 2018, 12:50:50 AM



jbreher's spirit animal

You wanna rebut anything I said? Or do you think pointing and laughing substitutes for an argument?
Rosewater Foundation
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June 22, 2018, 12:53:30 AM

In a lay man's terms, zero conf was never a thing. You people keep trying to make it a thing. But it isn't one.
Last of the V8s
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June 22, 2018, 01:09:03 AM



jbreher's spirit animal

You wanna rebut anything I said? Or do you think pointing and laughing substitutes for an argument?
I haven't read anything you've said for a while. I see people arguing with you, but I know you're incorrigible. You became just a figure of fun.
infofront
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June 22, 2018, 01:15:27 AM

Anyone got experience with the stuff Alex Jones sells?

 My brother tried Super Male Vitality but he said it was making him get angry at work so he stopped taking it.  

That would be expected with something like that. Men are the ones who go out and kill stuff, if it actually makes us think in a more masculine way then yeah he's gonna get pissed at all the girly men at work.

It's hard killing things. I deer hunt, and feel bad every time I shoot one. Another one of man's burdens I guess.

Wild animal is likely one of the most nutritious of foods (bang for the buck), of course there is nutrition in the fat too, especially if they are able to eat their natural foods rather than force fed a purposefully fattening diet (referring to omega 3 versus omega 6 fats - and better fed animals would likely have a higher omega 3 to omega 6 ratio).  

Sometimes, I wonder if men could evolve to be vegetarians rather than omnivores when it seems that there is so much nutrition in meat that is much more bio-available, rather than forcing survival through something like a vegetarian diet that tends to take a bit more maintenance to make sure that you don't kill yourself by pursuing such non-meat eating diet?  Do you tend to eat the whole deer or are their some wasted parts?  Might make you feel somewhat better if you engage in some of those kinds of efficiency practices?

My wife grew up in the Philippines, living partly on wild animals. So, she like to cook everything - lungs, stomach, intestines, kidneys, heart, head, etc. I'm not a picky eater, so I'll eat organ meat too.

I suppose that should make me feel better. There's also a good feeling in bringing a dead animal back to your family. It awakens some primordial hunter/provider feelings.
infofront
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June 22, 2018, 01:19:06 AM

More Bcash double spendings  Shocked

https://doublespend.cash/

jbreher the BCash lover wants to go on and on about how Bitcoin fungibility is somehow "compromised" with SegWit.

But on this BCash compromise (ie. complete failure)? Dead silence. Crickets.

Complete failure? Not at all. For those transactions worth waiting for, you can wait for block inclusion. It is an option that BTC does not give you.

You attempt to suggest that bitcoiners are less empowered because bitcoin does not allow for zero confirmations;
I don't suggest anything of the sort. I suggest that BTC'ers are less empowered because BTC actively weakens the ability to profitably accept zero confirmation transactions.

Well, bcash also has to rely on big blocks, which presents further problems. Due to the increased centralization of big blocks, 0-conf-accepting vendors have to increasingly trust an increasingly centralized mining cabal.

I'll take smaller blocks and lightning over that.
Rosewater Foundation
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June 22, 2018, 01:21:52 AM

Of course Klye charged per dicks. I wasn't a high enough roller back then. In hindsight, that was a damn expensive tree.
Toxic2040
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June 22, 2018, 01:43:14 AM

Bored..so hang on.

Public safety notice. *Please make sure tin foil hat is firmly attached*

Ready Player One?

There is quite the flurry going around the twitterverse today. It has to do with a hash with was produced on June 19th. "00000000000000000021e800c1e8df51b22c1588e5a624bea17e9faa34b2dc4a"

https://www.coindesk.com/21e800-bitcoin-satoshi-mystery-twitter-obsessing/

Quote
Some background: There is a theory in physics that attempts to explain the interactions and dynamics of all forces, including gravity, in the universe with one simple mathematical structure known as the E8. Presented in a paper titled, "An Exceptionally Simple Theory of Everything" by Garrett Lisi in 2007, it still remains unproven.

Couple the unsolved status of the E8 theory with the equally unsolved mystery of the exact identity of the person(s) who brought bitcoin – with its supply cap of 21 million coins – into existence, and you get the hypothesis that "21e800" isn't just some random string of numbers and value. In fact, the theory seems to suggest, it is a "vanity hash" purposefully placed by the creator of bitcoin himself/herself/themselves, Satoshi Nakamoto.

Starting to get goosebumps yet?

This is a deep rabbit hole. The further you dive into it the more challenging the mysteries. What interests me is the dates these "theories" were published..a little over 10 years ago..just before bitcoin was launched.
https://en.wikipedia.org/wiki/An_Exceptionally_Simple_Theory_of_Everything
https://www.scientificamerican.com/article/mathematicians-team-up-wi/
https://www.scientificamerican.com/article/garrett-lisi-e8-theory/

Latest article on arxiv relating to e8 published this year. Pure goobly gook for most..but it shows the big brains are still working on it.
https://arxiv.org/pdf/1802.09626.pdf

Was something discovered around 2008? Did a mathematician or group of them find a message from the future? Was it the root cause of the global financial "crisis"?

Fast forward to this year..   Quantum block chains and temporal paradoxes..
https://arxiv.org/pdf/1804.05979.pdf

Quote
As discussed below, all the subsystems of this design have already been shown to be experimentally realized. Furthermore, if such a quantum blockchain were to be constructed, we will show that it could be viewed as a quantum networked time machine.

Coupling these together makes for some interesting speculation imho. Is Satoshi from the future? Was he contacted from the future by a benevolent AI to develop an alternative timeline? Is time travel possible? Maybe..

Odd that I made this post just over a week before this was published..  The entanglement deepens..

Deep dive beyond bitcoin and what I think might be the greatest gift of this technology.

   The long term benefits of this technology might be this...for the first time when we look backwards in time, at history if you will. We will have cryptographic proof that the information contained is not tampered with. This is such a simple statement that I hope you all take the time to truly understand the profound impact of what it is that I am insinuating. True wisdom comes with understanding the space that you are observing, by accurately "mapping" a space..you gain more understanding of it. Having a map that stays consistent over time is a game changer on so many levels I have a hard time wrapping my thoughts around it.

This is how conspiracy theories are hatched..through sheer boredom.

 Cool  If nothing else this might be a decent script for a movie. Enjoy the read..ymmv.
JayJuanGee
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June 22, 2018, 01:52:21 AM

More Bcash double spendings  Shocked

https://doublespend.cash/

jbreher the BCash lover wants to go on and on about how Bitcoin fungibility is somehow "compromised" with SegWit.

But on this BCash compromise (ie. complete failure)? Dead silence. Crickets.

Complete failure? Not at all. For those transactions worth waiting for, you can wait for block inclusion. It is an option that BTC does not give you.

You attempt to suggest that bitcoiners are less empowered because bitcoin does not allow for zero confirmations;

I don't suggest anything of the sort. I suggest that BTC'ers are less empowered because BTC actively weakens the ability to profitably accept zero confirmation transactions.

Whatever with your mumbo jumbo rewording of unimportant details concerning what you are asserting to be more supposedly "profitable" at the risk of the whole fucking network.  Good luck with that.  Anyhow, I don't think that you are saying anything about your position that is much different from what I said about your position... so your clarification is not important.

By the way, it seems that you are becoming more and more convinced about the superiority of bcash... why not take a larger stake relative to bitcoin?  Are you 50/50 at the moment?  or some other ratio?  GO Bcash BIGGER, no?
JayJuanGee
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June 22, 2018, 01:55:10 AM



jbreher's spirit animal

You wanna rebut anything I said? Or do you think pointing and laughing substitutes for an argument?
I haven't read anything you've said for a while. I see people arguing with you, but I know you're incorrigible. You became just a figure of fun.


Hahahahaha... V8... You don't need to read anything that jbreher says in order to capture exactly his blind contrarianism within that meme.
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June 22, 2018, 01:58:50 AM

I didnt realise big blocks meant more of a tendency to centralisation, otherwise I agree the argument for expansion parallel to tech advance would be a reasonable one.  Its interesting how each side is seeing the best path forward, I prefer the more diverse less central route if possible as I think that will weather best.

https://youtu.be/JzIKIodumpg?t=1921  

Grant's interest rate observer on the reasoning for Bitcoin and how it was always wanted.   In the 90s I remember people talking about how micro-transactions, ecash was a requirement for the internet to advance.   Google ads helped created an online economy or similar avenues but its still true its needed


Quote
daily analysis here - waiting for breakout

Could be, I see the uptrend on the lows there.   I dont see the downtrend exactly or what would be a boundary upwards exactly
6528 was beat, thats support hopefully and 7369 range to 7724 as a target is reasonable seems like.   Also 6846 as a line we met early June before losing 6528
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June 22, 2018, 02:15:57 AM

yeah prolly a bear trap Wink
Searing
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June 22, 2018, 03:00:02 AM

I didnt realise big blocks meant more of a tendency to centralisation, otherwise I agree the argument for expansion parallel to tech advance would be a reasonable one.  Its interesting how each side is seeing the best path forward, I prefer the more diverse less central route if possible as I think that will weather best.

https://youtu.be/JzIKIodumpg?t=1921  

Grant's interest rate observer on the reasoning for Bitcoin and how it was always wanted.   In the 90s I remember people talking about how micro-transactions, ecash was a requirement for the internet to advance.   Google ads helped created an online economy or similar avenues but its still true its needed


Quote
daily analysis here - waiting for breakout

Could be, I see the uptrend on the lows there.   I dont see the downtrend exactly or what would be a boundary upwards exactly
6528 was beat, thats support hopefully and 7369 range to 7724 as a target is reasonable seems like.   Also 6846 as a line we met early June before losing 6528

so...essentially...you are saying 'it could go up' or 'it could go down' Smiley



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June 22, 2018, 03:00:33 AM

Bored..so hang on.

Public safety notice. *Please make sure tin foil hat is firmly attached*

Ready Player One?

There is quite the flurry going around the twitterverse today. It has to do with a hash with was produced on June 19th. "00000000000000000021e800c1e8df51b22c1588e5a624bea17e9faa34b2dc4a"

https://www.coindesk.com/21e800-bitcoin-satoshi-mystery-twitter-obsessing/

Quote
Some background: There is a theory in physics that attempts to explain the interactions and dynamics of all forces, including gravity, in the universe with one simple mathematical structure known as the E8. Presented in a paper titled, "An Exceptionally Simple Theory of Everything" by Garrett Lisi in 2007, it still remains unproven.

Couple the unsolved status of the E8 theory with the equally unsolved mystery of the exact identity of the person(s) who brought bitcoin – with its supply cap of 21 million coins – into existence, and you get the hypothesis that "21e800" isn't just some random string of numbers and value. In fact, the theory seems to suggest, it is a "vanity hash" purposefully placed by the creator of bitcoin himself/herself/themselves, Satoshi Nakamoto.

Starting to get goosebumps yet?

This is a deep rabbit hole. The further you dive into it the more challenging the mysteries. What interests me is the dates these "theories" were published..a little over 10 years ago..just before bitcoin was launched.
https://en.wikipedia.org/wiki/An_Exceptionally_Simple_Theory_of_Everything
https://www.scientificamerican.com/article/mathematicians-team-up-wi/
https://www.scientificamerican.com/article/garrett-lisi-e8-theory/

Latest article on arxiv relating to e8 published this year. Pure goobly gook for most..but it shows the big brains are still working on it.
https://arxiv.org/pdf/1802.09626.pdf

Was something discovered around 2008? Did a mathematician or group of them find a message from the future? Was it the root cause of the global financial "crisis"?

Fast forward to this year..   Quantum block chains and temporal paradoxes..
https://arxiv.org/pdf/1804.05979.pdf

Quote
As discussed below, all the subsystems of this design have already been shown to be experimentally realized. Furthermore, if such a quantum blockchain were to be constructed, we will show that it could be viewed as a quantum networked time machine.

Coupling these together makes for some interesting speculation imho. Is Satoshi from the future? Was he contacted from the future by a benevolent AI to develop an alternative timeline? Is time travel possible? Maybe..

Odd that I made this post just over a week before this was published..  The entanglement deepens..

Deep dive beyond bitcoin and what I think might be the greatest gift of this technology.

   The long term benefits of this technology might be this...for the first time when we look backwards in time, at history if you will. We will have cryptographic proof that the information contained is not tampered with. This is such a simple statement that I hope you all take the time to truly understand the profound impact of what it is that I am insinuating. True wisdom comes with understanding the space that you are observing, by accurately "mapping" a space..you gain more understanding of it. Having a map that stays consistent over time is a game changer on so many levels I have a hard time wrapping my thoughts around it.

This is how conspiracy theories are hatched..through sheer boredom.

 Cool  If nothing else this might be a decent script for a movie. Enjoy the read..ymmv.

I'm going to check into that this weekend. Sounds interesting.
jbreher
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June 22, 2018, 03:03:28 AM
Last edit: June 22, 2018, 03:20:15 AM by jbreher

Due to the increased centralization of big blocks,

The assertion that big blocks increases centralization is an unsupported bald one. Can you even define 'centralization'? If so, where are the figures showing this supposed centralization?

Quote
0-conf-accepting vendors have to increasingly trust an increasingly centralized mining cabal.

You realize, of course, that the set of miners capable of mining BCH is exactly the same as the set of miners capable of mining BTC, right?

Quote
I'll take smaller blocks and lightning over that.

Fair enough. You payz yo money and you makes yo choice. I'll take the big blocks, thanks.
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June 22, 2018, 03:12:49 AM

The significance of


6666 USD

and the last ATH 19666

how these two numbers are part of numerology, the religious and economists


Used as indicators for key events, signals and action

This numerology is revered among the so called 1%


if you believe it or not, they do....


its a revelation alright


Revelation 2:9 King James Version (KJV)

9 I know thy works, and tribulation, and poverty, (but thou art rich) and I know the blasphemy of them which say they are Jews, and are not, but are the synagogue of Satan.
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