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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 25497262 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. (158 posts by 14 users with 9 merit deleted.)
JayJuanGee
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ESG, KYC & AML are attack vectors on Bitcoin


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October 19, 2018, 03:21:07 AM

=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?   Roll Eyes Roll Eyes

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.

 Cheesy Cheesy Cheesy Cheesy
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realr0ach
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#TheGoyimKnow


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October 19, 2018, 03:24:58 AM

JayJuanGee the bitcoin NPC appears to be outraged about something.
JayJuanGee
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October 19, 2018, 03:38:26 AM

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
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October 19, 2018, 03:47:31 AM

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 Roll Eyes

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October 19, 2018, 04:01:41 AM

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
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yes


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October 19, 2018, 04:07:11 AM

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.
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October 19, 2018, 04:15:55 AM

An Idea more than a belief however we believe because its a strong idea.
JayJuanGee
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October 19, 2018, 04:16:28 AM

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.
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Go! BTC Go!


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October 19, 2018, 04:39:42 AM
Merited by Hueristic (5), BobLawblaw (1)





 

Avatar sized

 
HairyMaclairy
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Degenerate bull hatter & Bitcoin monotheist


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October 19, 2018, 04:41:15 AM

Omg that’s hilarious
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Go! BTC Go!


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October 19, 2018, 04:44:23 AM


 Thanks.  You guys are my inspiration though.
elrippos friend
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October 19, 2018, 04:51:02 AM

Just HOLD  Grin



Yeeeaaaaahhhhhhh  Grin Cheesy Wink
elrippos friend
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October 19, 2018, 04:53:46 AM
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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

Light beer is for pussys  Grin Cheesy Wink
jojo69
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1/21000000 , the only math you need to know


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October 19, 2018, 05:28:05 AM

that tea party hat is gorgeous
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yes


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October 19, 2018, 05:38:00 AM
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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.
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October 19, 2018, 06:32:17 AM


Guess there really is no accounting for taste... Smiley
serveria.com
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Balls of steel. This time is different.


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October 19, 2018, 08:16:11 AM


I really think you should start your cap design business! Could earn much more than by HODLing.  Grin
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October 19, 2018, 08:17:28 AM

realr0ach
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October 19, 2018, 08:21:55 AM

bitcoin is on top as the most sound of the monies/assets

I hope you do not actually believe this.  The "bitcoin as an infectious disease model" is correct.  Marcus saw it and immediately got upset because he knew it was legit.  There's a certain percentage of the population who is susceptible to the scam, then others who are completely immune.  There will be no neverending 45 degree angle of adoption/growth because that's not how diseases work.  Disease outbreaks come in and hit whoever they're going to hit fast and that's it.

Look at the comment section of many of these Youtube videos.  The amount of people who don't like bitcoin and refuse to touch it because they know it's a trojan horse to a cashless society slave system is enormous.  They have no intention of giving up the human right of physical money, nor do they want all their transactions tracked and monitored like an Orwellian system on steroids, then have their account balance turned off by the state because transaction validators are designed to centralize and can easily blacklist you (just as Aaron Russo predicted).

'Acceptability' is one of the main components of money, and an enormous percentage of the population boycotts this garbage because they know the endgame of shitcoins is a huge negative to human freedom.  It's 100% guaranteed to be completely centralized and controlled by the state in the end - an exact replica of the Chinese social credit score system, ushering in a new age of unfathomable horror.  You need to be just stark raving retarded to support craptocurrency over physical metals once you realize the inevitable endgame.
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October 19, 2018, 08:47:45 AM

"trojan horse to a cashless society"

Ahem, by all means we are a cashless society already. Thinking that this will move in the other direction soon with networking/mobile/digitalisation only just having started in earnest, is chasing dreams.

You're too late, bro. That ship has sailed (with Gold lost along the way).
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