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

[JayJuanGee]

Bill Gates is not a good man, don't let his "charitable foundation" fool you.  Him ans his buttbuddy Warren Buffet have an allegiance with the central banks and stand to lose a lot of money if bitcoin falls.

You are stating the OPPOSITE of what seems to be reasonably logically inferable, or at least the logic of what you are saying seems to be in tension, if not contradictorily confusing.

Both of those guys seem to be opposed to bitcoin, but Gates has made some amorphously friendly comments about bitcoin over the past years...   Buffet has been relatively consistent in his statements of opposition regarding bitcoin.

[1679788669]

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[HI-TEC99]

fake!

This one is more better.

Again not a real xhomerx10 original. You guys are not gonna fool us with your cheap clones!

Can I have an xhomerx10 hat please?

 Yes you can!

 

 Avatar-sized

 

Thanks for making it cartman's blue hat color, and not his pink shirt color..

[JayJuanGee]

=never saw this one been made ? xhomerx work?

Of course. Well, xhomerx10, anyhoo. Was signing off for the day, thread seemed cluttered with hat requests and fulfillments, we used the PM sideband.
https://bitcointalk.org/index.php?topic=2040221.msg46997681#msg46997681

See? Sidechains are a good thing.

I guess. Sideband, sidechain ... not exactly equivalent.

Know what else isn't exactly equivalent? Liquid and a sidechain implementation.

O.k.  I will bite.

Do we really care about some of these details about liquid and even lightning network?  They are still being built, tested and for the foreseeable future, they remain optional.  no?  Maybe some day down the road, they will become mandatory?   Currently, they seem to serve as side projects (even if they are not official "sidechains", whatever that means?

Dude are you suffering from acute hat-madness maybe?? Don't you see you are giving jbreher too much ammo with that "Maybe some day down the road, they will become mandatory?"

I see it coming............

Haha@ I'll refrain...








....






...wait for it....



...

Yeah.. right.. as if you need ideas to be prompted to you?   

Seems to me that you are perfectly capable of coming up with (inventing) pie in the sky fantasy nonsensical tangential largely irrelevant bullshit all by urselfie.

 

[realr0ach]

JayJuanGee the bitcoin NPC appears to be outraged about something.

[JayJuanGee]

Of course, you can draw lines however you like, but I find it a bit less realistic and predictive if you start from the extreme top, because the top was such an extreme (not conceding blow off top yet, except as a short term blow off top... which was about a two months time period that arguably provided the base for that), so perhaps, instead the top of the resistance line might start from the $15k territory or so and therefore end up touching more of the subsequent BTC price peaks (early march and early may, for example)?

Whatever works for you and produces actionable data.  

For me, our failure to break away from the red long term downtrend line (so far) tells me we are still in a bear market.  That’s all I need to know.

Even though I disagree with your current bearishness, I appreciate that you persist with providing reasons for why you continue to hold your (dumb) positions and sometimes explain the bets that you are taking in accordance with short-term expectations and changing dynamics too (and some seeming short-term BTC price dynamics of NOT changing too much... bitcoin got stuck...... temporarily....  )...

[JayJuanGee]

Actually, given the seeming ongoing softfork preferences of core (and seemingly the vast majority of the bitcoin community), it seems that options are largely going to be available

Exactly backwards. Soft forks do not provide options. Nay, soft forks are mandatory go-along-to-get-alongs.

Of course, you would attempt to present wrong information in order to denigrate the direction of bitcoin and to imply that there is some better system - such as bitcoin forks.. such as bcash.  Yeah right   Black is white and 1+1=5

[realr0ach]

Of course, you would attempt to present wrong information in order to denigrate the direction of bitcoin and to imply that there is some better system - such as bitcoin forks.. such as bcash. 

Is this the biggest example of a false dichotomy ever?  Our only option is shitcoins vs....shitcoins?  Let's pretend physical metals don't even exist because it would be totally inconvenient for shitcoins since metals perform the role of money better in every manner.  What do fiat, derivatives, shitcoins, and any other type of scam you can think of all have in common?  They can all be transferred effortlessly over a digital cable because...you're not actually transferring anything of value at all.

[Wekkel]

What do fiat, derivatives, shitcoins, and any other type of scam you can think of all have in common?  They can all be transferred effortlessly over a digital cable because...you're not actually transferring anything of value at all.

It is transferring beliefs (implied or actual). Quite a human achievement I would say.

[Icygreen]

An Idea more than a belief however we believe because its a strong idea.

[JayJuanGee]

Of course, you would attempt to present wrong information in order to denigrate the direction of bitcoin and to imply that there is some better system - such as bitcoin forks.. such as bcash.

Is this the biggest example of a false dichotomy ever?  Our only option is shitcoins vs....shitcoins?  Let's pretend physical metals don't even exist because it would be totally inconvenient for shitcoins since metals perform the role of money better in every manner.  What do fiat, derivatives, shitcoins, and any other type of scam you can think of all have in common?  They can all be transferred effortlessly over a digital cable because...you're not actually transferring anything of value at all.

I don't know exactly roach, because there seems to be a tendency for shit coins to denigrate bitcoin and to attempt to pump their shit, just like you attempt to pump your shitty PMs....

And, ultimately, I am not sure how to rank these various assets in terms of soundness of money and a realistic and practical timeline, except that bitcoin is on top as the most sound of the monies/assets... at least under current fundamentals.

Personally, I hardly have any kind of investment in any alt coins because I consider them to be shit.  There is a certain aspect of fiat that is merely practical and not bad idea to keep some money in fiat just to be able to pay bills for 6 months (and if a certain amount of cashflow and maybe all of it starts in fiat, then that is part of the calculation about what to do too)  

In late 2013, when I began to buy into bitcoin - including BTC accumulation that later evolved into maintenance (and even sophisticated maintenance), I was looking for a hedge against my dollar investment - and gold never really did seem practical in terms of its storage costs, lack of divisibility and portability, and just questions regarding its supply manipulation (and potential of such).  Even in 2013, I considered bitcoin to be a much better investment than gold - and it seems that subsequent developments in bitcoin and even my learning more about bitcoin, the reasons (and fundamentals of BTC) seem to be even more compelling than they were in 2013, at least in terms of soundness of money.

On the grounds of soundness of money, there does not seem to be any alt coin, asset or fiat that seems to be even close to bitcoin - and your case for ongoing pumping of gold/silver PMs has not come to make anymore sense during this time... and perhaps less sense because the Armageddon scenarios in which gold might become practical seem quite outlandishly unlikely, so in that regard, it does not seem prudent to be putting much if any assets into gold/silver.  

By the way, some of the dumpy coins may have better sound money performance in the coming years as compared with gold silver and other PMs, so that would be part of the confusion about how to rank these assets (whether crypto or otherwise), because gold and silver just don't seem to fare well.. in a variety of likely scenarios... and even though in the longer run, bitcoin is likely to be the main one that really matters... but we could end up falling into a kind of 80/20 rule situation in which there would still be room for 20% of value to float around in other assets, including PMs, cryptos and fiat currencies or other instruments.  Likely gold/silver would not serve a very high percent, and lucky if it were to even comprise 10% in a variety of best case scenarios for it.

[xhomerx10]

 

Avatar sized

 

[HairyMaclairy]

Omg that’s hilarious

[xhomerx10]

https://i.imgur.com/uHPIvOv.jpg

Wow. That's some badass work there, dude.

Very nice !

 Thanks.  You guys are my inspiration though.

[elrippos friend]

Just HOLD 

Yeeeaaaaahhhhhhh 

[elrippos friend]

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).

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.

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.

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?

https://blog.barkly.com/meltdown-spectre-patches-list-windows-update-help

Light beer is for pussys 

[jojo69]

that tea party hat is gorgeous

[Wekkel]

Interesting analysis: Bitcoin Network Momentum by PositiveCrypto https://link.medium.com/OqclFfjn8Q

Key point is that the next bull run is probably at least a few months ahead.

DCA-accumulation time. We need more hats.

[Totscha]

Just HOLD 

Yeeeaaaaahhhhhhh 

Guess there really is no accounting for taste...

[serveria.com]

 

Avatar sized

 

I really think you should start your cap design business! Could earn much more than by HODLing. 

[BTCHadzija]