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Question: How much of your corn do you plan on cashing out in the next massive bull run?
None - 19 (18.8%)
1-10% - 12 (11.9%)
11-20% - 12 (11.9%)
21-30% - 16 (15.8%)
31-40% - 4 (4%)
41-50% - 10 (9.9%)
51-60% - 8 (7.9%)
61-70% - 5 (5%)
71-80% - 3 (3%)
81-90% - 2 (2%)
91-99% - 1 (1%)
100% - 9 (8.9%)
Total Voters: 101

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 21781561 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.)
HairyMaclairy
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September 19, 2018, 09:07:13 PM
Last edit: September 19, 2018, 09:20:14 PM by HairyMaclairy

Have there been any projects working toward combining lightning and hosting data/bandwidth? Like "pay me 1 satoshi/Mb per day or I drop your data".

Even if it’s encrypted, how do you trust a third party random to reliably host your data?

With enough 'third parties' (AKA storage nodes), and an erasure coding layer, this is a solved problem. How do you think Google, Amazon, et al do it? It is not by guaranteeing unlimited uptime for any individual storage node. It is by making the reliability of each individual storage node irrelevant, by employing intelligent redundancy in a layer above the hardware.


Define ‘enough’ third parties under the following constraints:

  • you must pay each member of ‘enough’ to be a reliable host  
  • the sum of all payments to ‘enough’ must be significantly less than the pittance currently paid to AWS / Azure for storage  
  • the hardware and internet connectivity provider by members of ‘enough’ is best described as a ‘mixed bag'  
  • members of‘enough’ include 11 year olds, Billy Bob and itinerant sex workers.  
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Globb0
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September 19, 2018, 09:09:47 PM



7-7200 if that's a flag pole pattern
Wekkel
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yes


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September 19, 2018, 09:10:08 PM

[..]
It does look manipulative..

Manipulative or not, we are staying above $6,0xx for now, which is good. But organic buying pressure to lift us above $6,500 for a genuine rally still seems lacking. Perhaps this second bottom will help people cross that line from bear to bull.

https://bitcointalk.org/index.php?topic=274613.msg45913544#msg45913544

Developing....
jbreher
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September 19, 2018, 09:22:27 PM

Have there been any projects working toward combining lightning and hosting data/bandwidth? Like "pay me 1 satoshi/Mb per day or I drop your data".

Even if it’s encrypted, how do you trust a third party random to reliably host your data?

With enough 'third parties' (AKA storage nodes), and an erasure coding layer, this is a solved problem. How do you think Google, Amazon, et al do it? It is not by guaranteeing unlimited uptime for any individual storage node. It is by making the reliability of each individual storage node irrelevant, by employing intelligent redundancy in a layer above the hardware.


Define ‘enough’ under the following constraints: (a) you must pay each member of ‘enough’ to be a reliable host and (b) ‘enough’ includes 11 year olds, Billy Bob and itinerant sex workers.  

a) Well, this would be part of the system design. Paying each storage node operator directly is a fool's errand. The system would allocate revenue in proportion to each storage node operator's contribution to the system as a whole.

b) Again, the fact that erasure coding is applied above the raw storage layer ensures that the reliability of any individual node is irrelevant. See a) re: proportional revenues.

A look at Zooko's Tahoe-LAFS may be instructive as a pattern that can be employed for the storage concepts, and a look at Bitcoin for and example of economic incentives engineering may be helpful.
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September 19, 2018, 09:28:33 PM
Merited by bones261 (2)

[..]
It does look manipulative..

Manipulative or not, we are staying above $6,0xx for now, which is good. But organic buying pressure to lift us above $6,500 for a genuine rally still seems lacking. Perhaps this second bottom will help people cross that line from bear to bull.

https://bitcointalk.org/index.php?topic=274613.msg45913544#msg45913544

Developing....

It looks good to me, Double bottoms are great, and overall it looks like the bottoms are on a slight uptrend..
If you don't count the wick of this spinning top candle, and throw it out of your TA as manipulation, my rising support line still stands..

In the long term chart this recent action is just a spinning top..

Quote
The Spinning Top candlestick pattern has a single candle. It forms at the peak of an uptrend, the bottom of a downtrend

https://finance.yahoo.com/news/understanding-spinning-top-marubozu-candlestick-130009548.html

Quote
it can be an indication of a pending reversal
https://en.wikipedia.org/wiki/Spinning_top_(candlestick_pattern)

So it ALSO may be an indicator of the end of the downtrend.. I'll not get too bullish on it just yet, but their is hope..
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September 19, 2018, 09:38:39 PM
Merited by bones261 (2), BobLawblaw (1)

Putting money on bitmex is kinda like sticking ur dick in gloryhole

Only ur not sure if it’s a gloryhole or a dick guillotine

Haha  Roll Eyes

Hitting bed early today hope to see an extension of This in the morning  Grin
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September 19, 2018, 09:42:13 PM





and BOB ........ if this thing keeps going than cancell the BEAR costume for halloween and perhaps BUY one of these  Wink

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September 19, 2018, 09:42:24 PM

Putting money on bitmex is kinda like sticking ur dick in gloryhole

Only ur not sure if it’s a gloryhole or a dick guillotine

Haha  Roll Eyes

Hitting bed early today hope to see an extension of This in the morning  Grin


Or perhaps not a guillotine, but Laura Bobbitt on the other end.  Cheesy

Edit Lorena Bobbitt

xhomerx10
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September 19, 2018, 09:44:12 PM

^or worse... Lorena Wink
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September 19, 2018, 09:46:52 PM

^
i think there are many cruelty's possible on the other side , why not this blue waffel thing  Roll Eyes
gotta puke by justing thinking of those pic's      (goodnight has gone)
bones261
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September 19, 2018, 09:50:18 PM

^or worse... Lorena Wink

Oops. Should have used Google.
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lose: unfind ... loose: untight


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September 19, 2018, 09:51:32 PM

^
i think there are many cruelty's possible on the other side , why not this blue waffel thing  Roll Eyes
gotta puke by justing thinking of those pic's      (goodnight has gone)

sweet dreams, goose
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September 19, 2018, 10:34:59 PM


Define ‘enough’ third parties under the following constraints:

  • you must pay each member of ‘enough’ to be a reliable host  
  • the sum of all payments to ‘enough’ must be significantly less than the pittance currently paid to AWS / Azure for storage  
  • the hardware and internet connectivity provider by members of ‘enough’ is best described as a ‘mixed bag'  
  • members of‘enough’ include 11 year olds, Billy Bob and itinerant sex workers.

Hey I take offense at that, not saying which part though. Cheesy

OT (like everything else)

Hah, this is funny.




talk about getting PWned!
StartupAnalyst
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The 🧢 WO gang power, help the price of BTC


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September 19, 2018, 10:59:48 PM

realr0ach
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September 20, 2018, 12:38:34 AM

virtual assets

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September 20, 2018, 01:06:34 AM


edit 3:

Quote
The use and extent of insurance in connection with the business of holding, exchanging, or transacting in virtual currencies is not well understood.

Egregious misspelling unbecoming of an official state agency report.

I must be missing something...
I can't find any misspelling in that quote...much less egregious.
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September 20, 2018, 01:24:10 AM

Ewww I hate it.
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September 20, 2018, 01:43:24 AM

i think there are many cruelty's possible on the other side

The cruelty on the other side is the fact that the inevitable evolution of shitcoins is always going to be a dystopian govt control grid resembling the Chinese social credit score system.  To further explain the situation, the philosophy of the so-called (non-Zionist Jew) ruling class is gnosticism.  The goal of gnosticism is essentially instead of being a peon that worships god, the goal is to become god, a god, surpass god, or defeat god yourself.

The part most people are unable to figure out - not that anyone even knows what gnosticism is in the first place - is that gnosticism is virtually no different than Satanism in practice:  do as thou wilt.  There are no real prohibitions on what you can do in either case, and many have speculated that the ruling class posing under this gnosticism banner are really just satanists using an obfuscated label to confuse people.  What does this have to do with shitcoins? Because gold and silver are "god's money".  There is nothing arbitrary about it and it's not a house of cards built on various schemes.  It's just flat out raw nature.

Shitcoins are the diametrically opposing faction.  It's a system of gnosticism created by gnostics.  It's a man-made scheme based around artificial scarcity with no real value whatsoever and an artificial halving get rich quick scam to try and keep it afloat.  They claim to do things better than the noble metals but fail in every single aspect from settlement tool, to durability, to anything else.  Something that can cease to exist at any second has no durability.  The ability to dump them faster than metals simply originates from the fact they had a value of zero in the first place - a "virtual asset" similar to a "virtual girlfriend".  Both are completely useless and easily transferred since you're not actually transferring anything of value at all.
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September 20, 2018, 03:27:02 AM
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i think there are many cruelty's possible on the other side


 Because gold and silver are "god's money"

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September 20, 2018, 03:53:04 AM

Are derivatives running the price now?  Is Bitmex the new Bitfinex?  26% of the volume today on Bitmex. 


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