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

[JayJuanGee]

Bitcoin difficulty is again expected to rise by 12% in about a week. - https://fork.lol/pow/retarget

Are miners still making profit?

The break even point must almost be exceeded ...

What are you trying to say, exactly?

I understand that I should not be egging on a beartard (PM pumper) to explain, but perhaps there is an outside chance that you have something substantially meaningful to say?

By the way, you understand that mining profitability remains considerably variable, and there is considerable speculation in mining too, so some miners are going to be ready, willing and able to operate at a loss for a considerable amount of time.. in other words there time horizons regarding profitability can be quite drug out.

Furthermore, you understand that there can be gamesmanship with mining too, especially if there could be opportunities that the directing of mining can be used as a means to pump the bcash attack vector, and the calculations regarding timing of attacks might be short windows and momentum based, too.

What I am trying to say is that miners will not mine unless they are profitable.

So either they will switch off some miners so the hashrate goes down (which I see as unlikely)

Or the price will follow the increasing hashrate (e.g. miners stop selling their BTC for a period of time to reduce BTC supply on the market) which should result in a higher BTC price.

I just find it an interesting topic :-)

Fair enough.  Each of us has our perspective, and as I already mentioned, I don't conclude that any of us can draw very much of a short term BTC price prediction based on one indicator, such as mining, and likely that mining has a longer timeline perspective.  

One thing you can recognize with mining is that the hash rate continues to go up, and such exponential ongoing increasing of hash rate does not seem to be directly correlated to short term BTC price movements.

So, even though I agree with you that miners might engage in strategic behaviors, such as shutting off their mining equipment, there are other miners who are attempting to exploit inefficiencies in other ways, and so the hashrate continues to go up, which seems to show a long term bullishness towards bitcoin prices and security.. and ongoing security that would likely cost quite a bit to actually attack the bitcoin network - even though there may be some of that switching between bcash and bitcoin that serves as a kind of playing around with changes in hashrate and perceptions of changes in bitcoin security and affects prices, too.

Edited above for clarity and style (if one can call it that)

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[Anon136]

How are so many people in this thread watching a soccer game? I don't even know a single person in real life who watches soccer, not one.

[bones261]

How are so many people in this thread watching a soccer game? I don't even know a single person in real life who watches soccer, not one.

I don't know anyone either. However, soccer isn't exactly a popular spectator sport in the USA. It appears to be popular almost everywhere else.

[mymenace]

https://www.youtube.com/watch?v=hJ07sM5w_Dk
My Story of Being Tortured in Prison. Roger Ver, CEO of Bitcoin.com
This is a brief story of what happened while I was in prison. I have more stories to share, if you enjoy this type of content.

Shocking.
Can't a few hundred millions afford a place (or hotel or whatever) with less horrible curtains? Really shocking.
P.S.: Interesting story though.

I will admit that Roger is a decent story teller; however, he does not really seem to understand the concept of "torture."  
On the other hand, even if he can show that he has various human characteristics and he is empathetic, a lot of this can end up being a distraction (and an appeal to emotion) that takes us away from considering the narcissism that seems to motivate his ongoing involvement in bcash and using bcash as an ongoing attack on bitcoin and deceiving other people (especially dumb people and newbies.. and probably even traps some smarter people into such deceptions in their hopes that bcash will pump relative to bitcoin if they realize the difference) into believing that bcash is some kind of "bitcoin"

Starts off "I am roger ver CEO of bitcoin.com"  do websites have CEO's?  or is he pretending to be important in bitcoin.
Lost my sympathy closed window minutes later, f off loser liar

I feel sorry for roger, been a lot of pressure on him, unsure if it is self inflicted though.
All I got out of that was
Blah, Federal, Blah, Federal, Federal, Blah Blaaaaahhhhh I was brainwashed its not my fault.

Please stay away from the door knob

Gary Davis
https://youtu.be/hJ07sM5w_Dk?t=90
I call bullshit (Roger Ver - A forum to discuss things on the internet), is that all it was.


Yeah Ok roger just fireworks hey
 I ran for California state assembly in 2000


Memory Dealer
https://bitcointalk.org/index.php?action=profile;u=10310
    
Re: [ANN] Bitcoin Foundation
28-09-2012, 04:52:02

In reality,  I ran for California state assembly in 2000 as a Libertarian / Voluntarist.
I said enough to upset the feds so much that I became the only person in the USA to be prosecuted for selling a legal product
that was also being sold by hundreds of other companies across the USA including http://www.cabelas.com/
http://www.justice.gov/criminal/cybercrime/press-releases/2002/verPlea.htm
There is no freedom of speech.
This is why the world needs Bitcoin, and this is why I support bitcoinfoundation.org

[LFC_Bitcoin]

How are so many people in this thread watching a soccer game? I don't even know a single person in real life who watches soccer, not one.

It’s the most popular sport in the world.

FACT.

[JayJuanGee]

https://www.youtube.com/watch?v=hJ07sM5w_Dk
My Story of Being Tortured in Prison. Roger Ver, CEO of Bitcoin.com
This is a brief story of what happened while I was in prison. I have more stories to share, if you enjoy this type of content.

Shocking.
Can't a few hundred millions afford a place (or hotel or whatever) with less horrible curtains? Really shocking.
P.S.: Interesting story though.

I will admit that Roger is a decent story teller; however, he does not really seem to understand the concept of "torture."  
On the other hand, even if he can show that he has various human characteristics and he is empathetic, a lot of this can end up being a distraction (and an appeal to emotion) that takes us away from considering the narcissism that seems to motivate his ongoing involvement in bcash and using bcash as an ongoing attack on bitcoin and deceiving other people (especially dumb people and newbies.. and probably even traps some smarter people into such deceptions in their hopes that bcash will pump relative to bitcoin if they realize the difference) into believing that bcash is some kind of "bitcoin"

Starts off "I am roger ver CEO of bitcoin.com"  do websites have CEO's?  or is he pretending to be important in bitcoin.
Lost my sympathy closed window minutes later, f off loser liar

I feel sorry for roger, been a lot of pressure on him, unsure if it is self inflicted though.
All I got out of that was
Blah, Federal, Blah, Federal, Federal, Blah Blaaaaahhhhh I was brainwashed its not my fault.

Please stay away from the door knob

Gary Davis
https://youtu.be/hJ07sM5w_Dk?t=90
I call bullshit (Roger Ver - A forum to discuss things on the internet), is that all it was.

Actually, you made a decent point there, mymenace.  Roger has a decent tendency to fail and refuse to take responsibility and to exaggerate.

Sure no one would want to go to prison; however, we should have decent expectations that people in power, such as guards, are going to be abusive and even test people out, to see how the respond.. so Roger's crying likely did cause the guards to be more lenient on him... so he is probably correct about that speculation that he made about their treatment of him.

[mymenace]

https://www.youtube.com/watch?v=hJ07sM5w_Dk
My Story of Being Tortured in Prison. Roger Ver, CEO of Bitcoin.com
This is a brief story of what happened while I was in prison. I have more stories to share, if you enjoy this type of content.

Shocking.
Can't a few hundred millions afford a place (or hotel or whatever) with less horrible curtains? Really shocking.
P.S.: Interesting story though.

I will admit that Roger is a decent story teller; however, he does not really seem to understand the concept of "torture."  
On the other hand, even if he can show that he has various human characteristics and he is empathetic, a lot of this can end up being a distraction (and an appeal to emotion) that takes us away from considering the narcissism that seems to motivate his ongoing involvement in bcash and using bcash as an ongoing attack on bitcoin and deceiving other people (especially dumb people and newbies.. and probably even traps some smarter people into such deceptions in their hopes that bcash will pump relative to bitcoin if they realize the difference) into believing that bcash is some kind of "bitcoin"

Starts off "I am roger ver CEO of bitcoin.com"  do websites have CEO's?  or is he pretending to be important in bitcoin.
Lost my sympathy closed window minutes later, f off loser liar

I feel sorry for roger, been a lot of pressure on him, unsure if it is self inflicted though.
All I got out of that was
Blah, Federal, Blah, Federal, Federal, Blah Blaaaaahhhhh I was brainwashed its not my fault.

Please stay away from the door knob

Gary Davis
https://youtu.be/hJ07sM5w_Dk?t=90
I call bullshit (Roger Ver - A forum to discuss things on the internet), is that all it was.


Yeah Ok roger just fireworks hey
 I ran for California state assembly in 2000


Memory Dealer
https://bitcointalk.org/index.php?action=profile;u=10310
    
Re: [ANN] Bitcoin Foundation
28-09-2012, 04:52:02

In reality,  I ran for California state assembly in 2000 as a Libertarian / Voluntarist.
I said enough to upset the feds so much that I became the only person in the USA to be prosecuted for selling a legal product
that was also being sold by hundreds of other companies across the USA including http://www.cabelas.com/
http://www.justice.gov/criminal/cybercrime/press-releases/2002/verPlea.htm
There is no freedom of speech.
This is why the world needs Bitcoin, and this is why I support bitcoinfoundation.org

Here is why I think BCH is Bitcoin: https://www.youtube.com/watch?v=vufeM92bfJw

I gave clear and consise reasons why I think that is the case.  Feel free to refute them with logic and evidence.

Yeah Ok

Not that the most decentralized blockchain is the real bitcoin

The one that holds all the illegal transactions from Silk Road

the one that can incriminate some very very big people

Leave the real blockchain alone, gotta catch the criminals (do not protect them)

He wants to hide the truth, the real blockchain
watch the market move see if this news hits home


crims around the world keep putting their foot in it
so many arrests, resignations, suicides, they are panicking, something big coming for them all

so weird a world we live in now, the good winning

[ccminer.net]

How are so many people in this thread watching a soccer game? I don't even know a single person in real life who watches soccer, not one.

It’s the most popular sport in the world.

FACT.

and it is football by the way

[Elwar]

https://www.youtube.com/watch?v=hJ07sM5w_Dk
My Story of Being Tortured in Prison. Roger Ver, CEO of Bitcoin.com
This is a brief story of what happened while I was in prison. I have more stories to share, if you enjoy this type of content.

Shocking.
Can't a few hundred millions afford a place (or hotel or whatever) with less horrible curtains? Really shocking.
P.S.: Interesting story though.

I will admit that Roger is a decent story teller; however, he does not really seem to understand the concept of "torture."  
On the other hand, even if he can show that he has various human characteristics and he is empathetic, a lot of this can end up being a distraction (and an appeal to emotion) that takes us away from considering the narcissism that seems to motivate his ongoing involvement in bcash and using bcash as an ongoing attack on bitcoin and deceiving other people (especially dumb people and newbies.. and probably even traps some smarter people into such deceptions in their hopes that bcash will pump relative to bitcoin if they realize the difference) into believing that bcash is some kind of "bitcoin"

Starts off "I am roger ver CEO of bitcoin.com"  do websites have CEO's?  or is he pretending to be important in bitcoin.
Lost my sympathy closed window minutes later, f off loser liar

I feel sorry for roger, been a lot of pressure on him, unsure if it is self inflicted though.
All I got out of that was
Blah, Federal, Blah, Federal, Federal, Blah Blaaaaahhhhh I was brainwashed its not my fault.

Please stay away from the door knob

Gary Davis
https://youtu.be/hJ07sM5w_Dk?t=90
I call bullshit (Roger Ver - A forum to discuss things on the internet), is that all it was.


Yeah Ok roger just fireworks hey
 I ran for California state assembly in 2000


Memory Dealer
https://bitcointalk.org/index.php?action=profile;u=10310
    
Re: [ANN] Bitcoin Foundation
28-09-2012, 04:52:02

In reality,  I ran for California state assembly in 2000 as a Libertarian / Voluntarist.
I said enough to upset the feds so much that I became the only person in the USA to be prosecuted for selling a legal product
that was also being sold by hundreds of other companies across the USA including http://www.cabelas.com/
http://www.justice.gov/criminal/cybercrime/press-releases/2002/verPlea.htm
There is no freedom of speech.
This is why the world needs Bitcoin, and this is why I support bitcoinfoundation.org

I have nothing against Ver. I don't support Bcash now solely because it did not catch on and the more dominant won out. No need to work every angle to change that from happening. If there is a better way to raise the block size I believe it will present itself among the devs. Not through hype. Before the split my only hope was that it did not hurt Bitcoin overall, whichever side worked out.

I even helped him out a few weeks ago when some scammer was creating fake roger.ver instagram accounts trying to befriend people and get them to invest in some shitty pyramid scheme. The scammer targeted my gf who's english isn't that great but she handed the phone over to me as she does when people want to talk complicated crypto stuff. I let him know since that's just a shitty thing for anyone and scammers like that should be discouraged.

I agree with his voluntarism ideals more than so many others in the crypto world who have come in and shit all over the place. Then again, money changes people. It's hard to become super rich and stay grounded.

[El duderino_]

Pfffffffffffffff

Well done mate - you just knocked Brazil out of the World Cup!!!!

Now please beat France?

Then, (I hope) we will see you in the final....

We have Sweden tomorrow, then Croatia or a very politically interesting and delicious draw against Russia!?  And we're there, too.  

But Belgium are the ones to beat now.  Belgium are on fire.

THANKS

tomorrow will be watching england right here and be supporting as well



BUT FOR THE MOMENT

 

[mymenace]

https://www.youtube.com/watch?v=hJ07sM5w_Dk
My Story of Being Tortured in Prison. Roger Ver, CEO of Bitcoin.com
This is a brief story of what happened while I was in prison. I have more stories to share, if you enjoy this type of content.

Shocking.
Can't a few hundred millions afford a place (or hotel or whatever) with less horrible curtains? Really shocking.
P.S.: Interesting story though.

I will admit that Roger is a decent story teller; however, he does not really seem to understand the concept of "torture."  
On the other hand, even if he can show that he has various human characteristics and he is empathetic, a lot of this can end up being a distraction (and an appeal to emotion) that takes us away from considering the narcissism that seems to motivate his ongoing involvement in bcash and using bcash as an ongoing attack on bitcoin and deceiving other people (especially dumb people and newbies.. and probably even traps some smarter people into such deceptions in their hopes that bcash will pump relative to bitcoin if they realize the difference) into believing that bcash is some kind of "bitcoin"

Starts off "I am roger ver CEO of bitcoin.com"  do websites have CEO's?  or is he pretending to be important in bitcoin.
Lost my sympathy closed window minutes later, f off loser liar

I feel sorry for roger, been a lot of pressure on him, unsure if it is self inflicted though.
All I got out of that was
Blah, Federal, Blah, Federal, Federal, Blah Blaaaaahhhhh I was brainwashed its not my fault.

Please stay away from the door knob

Gary Davis
https://youtu.be/hJ07sM5w_Dk?t=90
I call bullshit (Roger Ver - A forum to discuss things on the internet), is that all it was.


Yeah Ok roger just fireworks hey
 I ran for California state assembly in 2000


Memory Dealer
https://bitcointalk.org/index.php?action=profile;u=10310
    
Re: [ANN] Bitcoin Foundation
28-09-2012, 04:52:02

In reality,  I ran for California state assembly in 2000 as a Libertarian / Voluntarist.
I said enough to upset the feds so much that I became the only person in the USA to be prosecuted for selling a legal product
that was also being sold by hundreds of other companies across the USA including http://www.cabelas.com/
http://www.justice.gov/criminal/cybercrime/press-releases/2002/verPlea.htm
There is no freedom of speech.
This is why the world needs Bitcoin, and this is why I support bitcoinfoundation.org

I have nothing against Ver. I don't support Bcash now solely because it did not catch on and the more dominant won out. No need to work every angle to change that from happening. If there is a better way to raise the block size I believe it will present itself among the devs. Not through hype. Before the split my only hope was that it did not hurt Bitcoin overall, whichever side worked out.

I even helped him out a few weeks ago when some scammer was creating fake roger.ver instagram accounts trying to befriend people and get them to invest in some shitty pyramid scheme. The scammer targeted my gf who's english isn't that great but she handed the phone over to me as she does when people want to talk complicated crypto stuff. I let him know since that's just a shitty thing for anyone and scammers like that should be discouraged.

I agree with his voluntarism ideals more than so many others in the crypto world who have come in and shit all over the place. Then again, money changes people. It's hard to become super rich and stay grounded.

Its the omission of details that brings him undone

Important to know how he got super rich,

blockchain is very important and the constant shills to distract from the real bitcoin goes further and further into proving the blockchain holds key evidence.

[aaroque2003]

AND A LOT...!!!!!!!!! 

[Tyr808]

Roger Ver is a fucking liar who's trying to steal Bitcoin from Satoshi Nakamoto.
He bought bitcoin.com and several news / media shills all around the world, and plays on making the uneducated believe that bcash is the real bitcoin.

[jojo69]

What I am trying to say is that miners will not mine unless they are profitable.

the fuck they won't

[jojo69]

superlative, really top notch

is that original work Bob?

[BHSMC]

How are so many people in this thread watching a soccer game? I don't even know a single person in real life who watches soccer, not one.

lmao. typical american thinking world evolves around the u.s only lol

[HairyMaclairy]

They don’t call it the World Series for nothing

[infofront]

Metamorphosis of a Banker

Larva:



Pupa:



Adult:

[sirazimuth]

How are so many people in this thread watching a soccer game? I don't even know a single person in real life who watches soccer, not one.

I don't know anyone either. However, soccer isn't exactly a popular spectator sport in the USA. It appears to be popular almost everywhere else.

...and the rest of the world refers to it as football. cuz you know...you use your foot.
The yanks version of "football" players mostly use  their hands and it's technically not a ball...go figure.

[sirazimuth]

They don’t call it the World Series for nothing

I'm always amused how all the american major sports league champs consider themslves
the "world champions" when no other countries are involved.