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

[Last of the V8s]

https://twitter.com/Cryptanzee/status/1068906234080833536
v funny little vid about crypto twitter

[JimboToronto]

Good morning Bitcoinland.

I see we've recovered most of yesterday's losses... currently $4292USD/$5703CAD (Bitcoinaverage).

Let's move on up now.

[jojo69]

a hearty good morning Jimbo

indeed, these festive candles call for a wee dram in the covfefe

[El duderino_]

https://twitter.com/cryptochrisw/status/1068351351715811328

made me laugh

[El duderino_]

[El duderino_]

[cAPSLOCK]

To the future: don't be jealous we were here in 2018 with $4K/bitcoin. Most still think it is just a stock that needs trading.
 

Sometimes only a few words are needed to get a perfect point across. Well done.

[goldkingcoiner]

Because the people who own Germany also own the Federal Reserve and see no reason to move the gold from their vaults in America, Switzerland and Israel just to appease one or two German politicians who think they have the right to ask for the country's money back, not realizing that they are powerless puppets only there to give the people the illusion they have any control over what happens in their country.

[Toxic2040]

Good morning all.

1h



4h



D

#btd's  #stronghands2019  #dyor

[Last of the V8s]

however i do like HM charts and thought

It's the year 2023
The Little Red Book of Comrade Hairy MacLairy Charts And Thought
-has sold over three billion copies
-has been translated into over 200 languages
-is a mandatory carry for all humans
-is available everywhere; price 6.66 satoshis
-is chanted before every lesson, lecture, meeting, game, set and match.

so.. 2023 is the new 1984?

unless we resist. we must countertrade with no charts in our minds, and use memetic warfare, which btw he started
(@shinobi)

[jojo69]

that is the most disturbing Pepe I have ever seen

[phishead]

I'd recommend storing all wealth in something you control. Remember if you don't own your keys, you don't own bitcoins.

You and everyone else in this thread need to stop your stupidly obvious lies.  Holding private keys does not mean you control the coins.  Craptocurrency is no real difference from "cloud storage".  The designed to centralize mining monopolies (aka transaction validators) running the infrastructure are the only people who control the coins.  You have absolutely no fucking say whatsoever in whether they allow or disallow you to do something with the so called "money" you pretend to own.

Anyone who disagrees with this is an obvious liar because we've already had numerous examples of cartel collusion blacklists and arbitrary freezing of coins in almost every blockchain, from things like Silk Road coins, to Ethereum freezing coins from DAO and other stuff, to EOS blacklisting coins, the list goes on.  The blacklists and permissioned nature of the shitchain will only increase more by the day.  The term is called creeping fascism.  There's no reason anyone should ever support a non-fungible currency where transaction validators are designed to centralize (aka every single blockchain ever created).

Physical metals = permissionless and freedom.  Any digital fagchain bullshit = permissioned ledger slavery system 100% guaranteed to be a replica of the Chinese social credit score system over time.

Aye,

If only there were some 'craptocurrency' that prevented miners/puppet masters of the world from seeing who you were sending stuff too or what address you sent from to prevent that type of centralized fascist dystopia you speak of from occurring.  Don't even get me started about those mining corporations and their pesky ASICs.  If only there was a way to prevent that type of thing from happening... and the real sad thing is that these craptocurrencies are allowing this to happen! ... If only there were a craptocurrency project that actively tried to prevent ASICs from being profitable by switching their mining algorithms around and hid your transactions by default, then, and only then would you have a currency that promotes true economic freedom.

 

Monero does not fix anything I stated and is also completely inferior to physical metals.  Yes, it *attempts* to blind transactions (fungibility) and does it at a success rate below 100%, maybe 0% depending on who is watching, but that's also completely pointless when it does nothing to fix the real, main Achilles heel of all cryptocurrency being that transaction validators are ALWAYS designed to centralize in every single one.  Without fixing that (it's not possible) nothing you do has any point.

It's 100% impossible to create a decentralized digital currency because it would require using unprofitable PoW and having everyone process their own transactions like email PoW, but unprofitable PoW systems like IOTA are unworkable and require artificial convergence, so you're back to square one of creating a decentralized digital currency being impossible.  And you actually think having coin developers constantly change the mining algo is a good thing? That's identical to having central bankers.  

I don't need a fucking central banker to change the mining algorithm of my physical silver or gold, or to constantly flash "update to wallet 0.17.0!" at the top of this forum.  That's another central banker stupidity feature having centralized coin devs telling/forcing you into doing things.  Stop pretending worthless digital shitcoins have any value compared to metals - the thing they attempt to emulate and don't succeed in any aspect.  They're a fugazi - fake, an imposter.

1) How does it not succeed in "attempting"?  Here's a tx I sent out a couple weeks ago; care to explain what address received the coins and how many coins I spent... better yet what my address is?

Code:

6ab8676b2a00df44b5c9d6f4dec5c7267194d37fe5eabc7763810051e5837289

2) People aren't single highhandedly verifying their own transactions or is anything like email... Obviously the hashing scheme is for competition to verify them, I still don't see any problem with that.  

3) The hashing algorithm isn't closed source. You don't have to trust the devs that the hashing scheme is legit or not.  Also how is it bad for PoW to be harder to centralize through the use of ASICs?  Didn't you just say that the centralization of 'craptocurrencies' through mining were a bad thing?

4) Care to explain how the devs "flash update" anything on a whim?  They are scheduled bi-annual upgrades and are announced way in advance for people/exchanges to prepare.

5) Lol @ the thought of needing an algorithm in order for digging for precious metals to occur.

[jojo69]

pro tip phishead

monero is /somewhat/ tolerated here, quoting the r0ach...not so much

[El duderino_]

FINALY its saturday..... in need for a very good dinner and good alcohols/wines, looking forward so badely
still have to drink something in honour of the birthday of fellow member/hat-carrier/hodlbrother Globb0

cheers and have a good weekend   (let thze pump contzinue )

[Last of the V8s]

Call it libertarian, cause we do as we please
Don't need fear, or force or farce to know morality
Cuz morals aren't substance you can shove in someone's ear
They're basically a bi-product of a mind thinking clear

The plan, the plan

It's nothing like the bible, there's no lesson to be learned
It ain't the 10 commandments, cause nothings written in stone
It has to do with freedom and personal liberty
I don't fuck with you don't fuck with me

The blueprints of a better world
Were written on a postage stamp
No one bothered to read the front
Stick out their tongue to lick the back

The plan, the plan, the plan, the plan

If you're not part of the cure
You're part of the disease
Father time will tell us who concedes

The blueprints of a better world
Disguise and revealed as fortunes
10,000 Chinese Restaurant
Customers prefer not to read it
when they're taught
Don't think, just eat it
A turning point we call the plan

It has to do with freedom and personal liberty
I don't fuck with you don't fuck with me

https://www.azlyrics.com/lyrics/nofx/theplan.html
https://www.youtube.com/watch?v=QiIA0QgxMxc

[Last of the V8s]

monero is tolerated here,

please god no

scheduled bi-annual upgrades

fuck off

[realr0ach]

pro tip phishead

monero is tolerated here, quoting the r0ach...not so much

First, the word "protip" is solely used by subhuman, shitlib NPCs pretending to be people but aren't, so you should probably stop using that word.  Secondly, quoting Jew shills like yourself is not permitted on this forum. Third, only 2% or so of the US colonists fought their British oppressors and won.  What do you think happens with a 25%+ guerilla army against the evil cult of Judaism?  There will not be a single kike shill like yourself left standing. You should probably give up your pointless propaganda posting now because you have no future:



Got to love how a propaganda article from the (((New York Times))) and (((CNN))) is in reality just an admission they will be utterly destroyed.

[jojo69]

I guess there is more controversy than I thought, edited post

[realr0ach]

monero is tolerated here,

please god no

scheduled bi-annual upgrades

fuck off

lol @ "scheduled bi-annual upgrades".  Sounds REAL decentralized.  It doesn't sound like something identical to having a central bank running things in practice, I swear!  But really, it's zero difference from bitcoin.  All craptocurrency are centralized, permissioned ledgers and garbage compared to physical metals.  The only form of "decentralization" these things have is just like any other psuedo open-source project like Firefox, the head Natzee controlling the github occasionally allows other people to work on them for free.  Woopty doo!  

Let's also pretend something that is constantly being arbitrarly changed by random people like Vitalik is even possible to be fungible in the first place.  It's not fungible even if you mix outputs.  Money is not supposed to ever randomly transform from one thing to another.  If it does, it's not money.  "Blockchain" is solely a system of tracking and control and absolutely nothing else.

[Last of the V8s]