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Question: When will BTC get back above $70K:
7/14 - 0 (0%)
7/21 - 1 (2.1%)
7/28 - 7 (14.6%)
8/4 - 8 (16.7%)
8/11 - 5 (10.4%)
8/18 - 1 (2.1%)
8/25 - 2 (4.2%)
After August - 24 (50%)
Total Voters: 48

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26418751 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. (174 posts by 3 users with 9 merit deleted.)
goldkingcoiner
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October 18, 2018, 09:38:28 PM




What was before the universe popped into existence? Where did the matter and dark matter come from? Can there be life made of dark matter, where matter is the "mysterious" one? I doubt things are really over with us expanding into oblivion, where protons, neutrons and electrons never meet again, there might be just a new start, maybe in a totally different way. I also doubt that water only is the single source of life like mainstream science suggests, there might be endless possibilities. One thing is for sure, universe is full of life. Brain goes on fire thinking of that subject, guess it's too much to cope with.

The whole body seems to get a bit colder when dropping acid, that might be just due to overall rise in sensitivity. Good to know there are some other psychonauts around here Smiley


What if it all reverses into another big bang? Big crunch theory. So many things make sense right now.

I sent an E-mail to Amazon. A small "whitepaper" with a list of pros and cons of a cryptocurrency payment option in internet retail and a sentence at the end questioning Jeff Bezos moral integrity. I am getting off my laptop before I buy ADA. See you guy tomorrow.
jojo69
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October 18, 2018, 10:00:32 PM

obligatory onion

Quote
Q: How does blockchain work?

    A: Do you want to talk science shit or do you want to make some fucking money?

Q: Who uses blockchain?

    A: Ordinary folks in charge of million-dollar cryptocurrency accounts and diamond supply chains.

Q: How much is a blockchain?

    A: It’s only $250 per block of chain. A steal, if you ask us.

Q: What is the benefit of using blockchain?

    A: Provides a more efficient way for you to lose all your money at once.

Q: Is the system fully secure from hackers?

    A: Nothing that bad has happened yet, so we’re just going to say yes.

Q: How do banks feel about blockchain technology?

    A: As long as banks still find a way to exploit the poor, they couldn’t care less.

Q: Is there really child pornography encoded into Bitcoin’s blockchain?

    A: Only a little bit!

Q: Would widespread use further entrench us in our dependence on technology without which we would be plunged into a horrifying new dark age?

    A: Yes.
HairyMaclairy
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October 18, 2018, 10:02:57 PM

Jojo how do you feel about having a hat on your hat?
jojo69
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October 18, 2018, 10:07:27 PM

yo dawg
Hueristic
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October 18, 2018, 10:12:20 PM

stop discriminating against the colour-blind

Less green more microdot

Green double barrel == Bad
Purple micro dot == WooWeeeeeeee


BTW, you guys have been killing me but I'm trying to give out merits to deserving n00bs ATM. Wink

^^^--- it's harder than it sounds. Sad


Globb0
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October 18, 2018, 10:14:55 PM

Metapost: I've been sorta-kinda looking into the idea of having my cremated ashes loaded onto a rocket, and shot into Sol, upon my passing. Rick will get at least 50% of my ashes, tho.

Can't be done for less than ~$5M USD at this time - for the sake of argument.

Then I think about how much that $5M could be put to use supporting my sibling's children.

But what if they turn out to be "unworthy" of what I leave behind ? What if my nieces and nephews turn out to be complete degenerates (hey you, stop snickering. I know what you are thinking) and don't deserve 50% of my estate ?

First World Problems.

EDIT: Also, depression has set in again. About to crack open beer #5. Bleh. What toy to play with next in my studio...

Bung us a couple of mil and we can have you blown up our asses at a massive party. (Just like the eagles)

win win
Dig Bicks
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October 18, 2018, 10:19:51 PM

yo dawg
via Imgflip Meme Generator
HairyMaclairy
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October 18, 2018, 10:24:04 PM

Hueristic
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October 18, 2018, 10:40:01 PM
Merited by BobLawblaw (1)


I like that hat, except I am a little bothered about the negative connotations of the phraseology - ("bitcoin getting forked since 2017") - even though it is factually true.

The essential tentative conclusion of Bitcoin's current forking matter does remain to be that Bitcoin's forking cherry was popped in mid-2017 with the bcash forkening.  Even though that bcash forkening had some purported legitimate reasons, it has largely been used as an attack vector on bitcoin, and also attempts to make some quickie profits from bitcoin's good will (whether successful or not in regards to profits is going to vary from person to person and perhaps regarding the extent to which they used other capital or even real BTC to buy into the shitty bcash snake oil).

So, even if forks had been started on bitcoin in mid-2017 with a lot of imitation variations to follow, these forks have largely shown bitcoin to be quite resilient to that level and kind of bullshiteries, and likely has caused bitcoin to become stronger and the forks to become less valuable (and even laughable).

So the connotation of your hat slogan ("bitcoin getting forked since 2017") seems to mislead about the non-power of the fork within bitcoin and the likely need for any future fork to attempt ramp up their efforts a whole hell-of-a lot more if they really expect to have any semblance of success - seemingly an uphill battle, including a likely inability to overcome (or even come close to) bitcoin in any of the 7 networking effects.  No one with any kind of real and meaningful knowledge in bitcoin really takes the fork threat in bitcoin seriously these days, and perhaps we can thank the stupid-ass bumbling fuckery of the bcash leaders along with the non-successful multiple copy catters, who largely have any real world value beyond merely serving as nominal testing ground platforms for the real deal , aka bitcoin.

By the way, leetlzee, from your earlier forum posts, I had not realized that you are one of those BIG blocker fucktards who are whining about the direction of bitcoin and think that you have some supposedly better ideas, without necessarily figuring out a way in which you might be able to work towards submitting a BIP or getting someone to submit a BIP, instead of serving as a nonsense FUD spreader.

Just Shut Up for Once!
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October 18, 2018, 10:47:32 PM

we could loan him to bitcoin twitter - sharpen up his concision considerably
El duderino_
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October 18, 2018, 10:49:02 PM



don't you own this HAT?      (i'm the hatkeeper.....)   Tongue
El duderino_
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October 18, 2018, 10:51:55 PM

wow many new pages HOPE to have a good laugh tomorrow...., for today the session ended , all in a good ending.

some go to BITMEX casino and so..... i prefer my BTCincreasing manners, especially when i run like today.

goodnight so f***ing tired of just screen watching today. Roll Eyes



El duderino_
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October 18, 2018, 10:54:33 PM

What should yefi do, meet up with us wearing his avatar underpants?

I could see that end in me being raped, maybe by Bob or maybe by infofront, probably while JJG lectures me at length on proper underwear.

Whoa! Nice hat Yefi!

Thx  Tongue

haha lol very nice, but hope you just be waiting for a XhomerX originalzzzz  Wink
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October 18, 2018, 11:01:04 PM

Capitulation is a process

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October 18, 2018, 11:06:39 PM

For my professional career I was UAD guy.  But recently I have been collecting Waves plugins. Their new pricing model is appealing.  S/W not H/W...

H/W too. Add some flavor of SoundGrid server, and you've got HW acceleration just like the UAD stuff. And networked IO to boot.

Ah.. I meant H/W as in iron.  Mics, preamps, etc.

But Soundgrid is interesting.  That said my relatively new/cheap i7 runs endless amount of plugins now.  The whole DSP thing is sort of uneeded now.  I guess unless you want to track through the plugin...  Even then my MADI card has low enough latency I already could if I wanted to.
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October 18, 2018, 11:10:55 PM

we could loan him to bitcoin twitter - sharpen up his concision considerably

DAMN, I had to look that shit up! I've never seen conciseness spelled like that nor concise used in that form.

Its a new word everyday or my memory is getting    substandard, poor, inferior, second-rate, second-class, unsatisfactory, inadequate, unacceptable, not up to scratch, not up to par, deficient, imperfect, defective, faulty, shoddy, amateurish, careless, negligent, miserable, sorry; incompetent, inept, inexpert, ineffectual, awful, atrocious, appalling, execrable, deplorable, terrible, abysmal, crummy, rotten, godawful, pathetic, useless, woeful, bum, lousy... (google ran out of synonyms). Cheesy



wow many new pages HOPE to have a good laugh tomorrow...., for today the session ended , all in a good ending.

some go to BITMEX casino and so..... i prefer my BTCincreasing manners, especially when i run like today.

goodnight so f***ing tired of just screen watching today. Roll Eyes

Grab a Beer and watch the game!



I'm about to run out and grab some now and meetup so cya all l8r.


JJR I release you from the logic trap. Tongue






For my professional career I was UAD guy.  But recently I have been collecting Waves plugins. Their new pricing model is appealing.  S/W not H/W...

H/W too. Add some flavor of SoundGrid server, and you've got HW acceleration just like the UAD stuff. And networked IO to boot.

Ah.. I meant H/W as in iron.  Mics, preamps, etc.

But Soundgrid is interesting.  That said my relatively new/cheap i7 runs endless amount of plugins now.  The whole DSP thing is sort of uneeded now.  I guess unless you want to track through the plugin...  Even then my MADI card has low enough latency I already could if I wanted to.

your I7 has all these plugins? Tongue

https://blog.barkly.com/meltdown-spectre-patches-list-windows-update-help
JayJuanGee
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October 18, 2018, 11:23:56 PM

https://www.youtube.com/watch?v=Y2Ur4Ky5-K8 The Day [of] Crypto's Hijack by 'The Jackals' confirmed (re Goldman news)
Who could have predicted the Crypto Sniper is a total retard.

I don't conclude that he is retarded, but he does have a few kooky ideas.

A couple of kooky points that he made. 

First, he largely argued in a conclusory manner that it is likely that the government created bitcoin (or coopted it) in order to be able to trace every single aspect of our financial lives.  Regarding the creation, I don't think the evidence adds up because bitcoin remains way too disruptive to government and traditional financial systems to have been created by them.  Perhaps a central error in his thinking in this regard does relate to his possible inability to distinguish between bitcoin and the other cryptos, and therefore he does not really understand bitcoin.

Second, which builds on the first point is that he concludes that financial institutions are going to be able to rehypothicate (treat as fractional reserves) bitcoin in the same way that they have been able to do with many other assets, including gold and silver - and this point is still yet to be seen whether they can be successful in that direction... and if bitcoin is going to cause an accountability that has not been possible with any other asset class to date.  Of course, time will tell on this, and it could take 50 to 100 years to evolve these kinds of manipulation systems.  I do not put it past that manipulation is an ongoing occurrence, but I do believe that the dynamics of bitcoin are much different than any other money (and even the hardest form of money that has ben witnessed to date), so we will see if financial institutions and governments are going to be able to sufficiently infiltrate bitcoin in order to achieve some of their manipulation objectives.


I would like to supplement my earlier post with a couple of links to interviews from this week with Trace Mayer, by Max Keiser.

Each of the interviews with Trace Mayer start in about the middle of the clip, at about minute 14.

Part 1)  (E1293)   https://www.rt.com/shows/keiser-report/441368-trump-cnn-bitcoin-effects/

Part 2)  (E1294)  https://www.rt.com/shows/keiser-report/441602-us-china-tariff-war/

Surely, in the interview, Mayer is spending a decent amount of time referring to current events in bitcoin and trends including the financialization network effect that is coming through BAKKT's introduction of new products that are going live (at least some of the products) in early November.
 
Even though Max Keiser can act a bit crazy with some of his entertainment value within his interviews, Max is ultimately a fairly strong bitcoin maximalist, OG and early bitcoin evangelist.   He does sometimes get caught up with investing in some other questionable projects from time to time, including alts, and he even created his own alt coin.

 Nonetheless, it is a bit interesting about how Max becomes a bit giddy while interviewing Trace Mayer... mostly in the first half.   In the second half,  Max is a bit less giddy, yet Max and Trace still talk about bitcoin in a way that seems to be more understandable to bitcoin OGs rather than for the understandability of newbies. 

Of course, anyone can get to the level of understanding the conclusory points of these interviews, including the fact that the networking effect around financialization is really being battled out in bitcoin at the moment and through some of the latest financialization developments, including BAKKT, stable coins, and custody issues, and it seems that some bitcoin HODLers are going to be more prepared than others when there are likely going to be attempts at shenanigans from BIGGER players in the Bitcoin financialization space.  Trace observes that the HODLers who are holding their own private keys are going to be in the better position to weather through some of the possible upcoming shenanigans in the bitcoin financialization space.   

Probably really no need to go into altcoins, here, but in the interviews, Mayer does make a pretty few insightful digs regarding the ridiculousness of some of the alt coins, such as Ethereum and some of the alt coins that seem dumb enough to built upon Ethereum, when it takes either a computer genius or a multi-millionaire to actually be able to synchronize a full ethereum node (my characterization, not Mayer's...  He just refers to ethereum scaling as "absurd"  which seems good enough to capture an overall assessment about the current state of ethereum scaling, for all intents and purposes  hahahahhaha ).
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October 18, 2018, 11:27:43 PM

I've been weaning myself away from the racks of H/W, trying to go all software. I've only dabbled in the last few years, but have been using Ardour for ten years. I've not done it completely yet, but one of the things that is interesting about Ardour is that it natively supports it's own hardware slaves, on a dedicated ethernet interface. Spin up that cluster, and you could do a lot more.

It used to be Linux only, but I see that it has Mac/Winderrs versions now. I'm using a Presonus Audiobox 1616 VLS for I/O. It's not the latest and greatest by any means, but it's 24/96, and pretty kickass compared to the interfaces a few years ago.
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October 18, 2018, 11:32:37 PM

we could loan him to bitcoin twitter - sharpen up his concision considerably

please god
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October 18, 2018, 11:49:33 PM

When ham hocks
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