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Question: 9/19 Closing Price:
0 - 1 (1.6%)
<$10,000 - 3 (4.8%)
$10,000-$10,500 - 2 (3.2%)
$10,501-$11,000 - 13 (20.6%)
$11,001-$11,500 - 19 (30.2%)
$11,501-$12,000 - 8 (12.7%)
$12,001-$12,500 - 7 (11.1%)
$12,501-$13,000 - 2 (3.2%)
>$13,000 - 3 (4.8%)
>$20,000 - 5 (7.9%)
Total Voters: 63

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 22426261 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. (148 posts by 37 users deleted.)
phishead
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December 01, 2018, 05:48:22 PM

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.

 Roll Eyes

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.
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jojo69
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December 01, 2018, 05:50:22 PM
Last edit: December 01, 2018, 06:14:45 PM by jojo69
Merited by bitebits (1)

pro tip phishead

monero is /somewhat/ tolerated here, quoting the r0ach...not so much
El duderino_
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December 01, 2018, 05:50:57 PM
Merited by Globb0 (5)




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
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December 01, 2018, 05:51:11 PM
Last edit: December 01, 2018, 06:04:33 PM by 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
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December 01, 2018, 05:56:18 PM
Last edit: December 01, 2018, 06:30:39 PM by Last of the V8s


monero is tolerated here,
please god no

scheduled bi-annual upgrades
fuck off
realr0ach
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December 01, 2018, 06:03:00 PM
Last edit: December 01, 2018, 06:17:11 PM by 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
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December 01, 2018, 06:15:25 PM

I guess there is more controversy than I thought, edited post
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December 01, 2018, 06:21:31 PM
Last edit: December 01, 2018, 06:35:57 PM by realr0ach


monero is tolerated here,
please god no

Quote
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.
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December 01, 2018, 06:46:05 PM

RejectedBanana
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December 01, 2018, 06:59:14 PM
Merited by bones261 (2), vapourminer (1), JayJuanGee (1), infofront (1), Last of the V8s (1)


Went off the grid a few weeks only to find bitcorn totally crapped the bed while I was lounging in ignorant bliss.
It's taken me days just to catch up on WO, much less clean the sheets and the walls and the ceiling and--Jesus, bitcorn, even my teddy bear?
You couldn't even spare soiling my one item of solace?

If we're to believe money's on the sidelines just waiting to jump in, well then at what price?
Or rather, how far off "bottom" do we need to rise again to get this FOMO party started?
At $4200, we're a good 20% off bottom; that not good enough? 50% do it? 100%?

I see a few problems at the moment.
1) It's STILL not cheap enough for 2+ year OGs to take more than a nibble. So ok OGs, what's your price or indicator before you're all in again? Is it really going to take $1k?
2) Baghodlers. My oh my do we have a lot of baghodlers. Everyone who has bought and hedl bitcorn since Sept of 2017 is now officially a baghodler.
What proportion of hodlers do you suppose this is? 80%? 90%? And what proportion of them have already contributed to the capitulation shitstorm on my bed?
Nothing like a room full of stank butthurt to keep a market down.
3) Gurd-durned speculators.
4) It goes without saying fork-you.

On with the news...

Haven't seen much made of this report yet.
CoinShares report: Renewable energy accounts for 77.6% of total Bitcoin’s energy usage
https://www.theblockcrypto.com/2018/11/30/coinshares-report-renewable-energy-accounts-for-77-6-of-total-bitcoins-energy-usage/
The Bitcoin Mining Network - Trends, Marginal Creation Cost, Electricity Consumption & Sources
https://coinshares.co.uk/wp-content/uploads/2018/11/Mining-Whitepaper-Final.pdf

Well this was rather depressing.
The biggest myths in cryptocurrency investing today and what would cause a new all time high
https://blog.goodaudience.com/the-biggest-myths-in-cryptocurrency-investing-today-and-what-would-cause-a-new-all-time-high-d6010657f01d

New life for GPUs? What the hell is a quantum dot? Is this sanitized hashing for noobs? No mention whatsoever of crypto on official site. What do you suppose the rake is?
No playing around: Your Asus graphics card can now mine crypto when you’re not gaming
https://www.theblockcrypto.com/tiny/no-playing-around-your-asus-graphics-card-can-now-mine-crypto-when-youre-not-gaming/
https://www.quantumcloudai.com/

Neat-o?
Announcing the Casa Lightning Node. The easiest way to use Lightning available today.
https://medium.com/casa/announcing-the-casa-lightning-node-596df7a7427
First impressions of the Casa Bitcoin Node
https://medium.com/swlh/casa-node-91aab9c1c2ef

Even a fool knows you can't reach for the stars. Doesn't keep the wise man from trying! Do what it takes to BTFD!
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December 01, 2018, 06:59:49 PM

/somewhat/
\touché\
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December 01, 2018, 07:00:36 PM

So I need both 120 activity and 100 merit to put my hat on? It’s not whichever comes first?

 Undecided
infofront
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December 01, 2018, 07:02:58 PM

Some rare infofront TA:



Kylapoiss
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December 01, 2018, 07:04:51 PM

So I need both 120 activity and 100 merit to put my hat on? It’s not whichever comes first?

 Undecided

Yes Sir, you need both. Just keep on writing, you'll get 14 activity points fortnightly if you have the same amount of posts. 120 will be fulfilled in no time Smiley
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December 01, 2018, 07:08:32 PM
Last edit: December 01, 2018, 07:25:24 PM by Last of the V8s

2) Baghodlers. My oh my do we have a lot of baghodlers. Everyone who has bought and hedl bitcorn since Sept of 2017 is now officially a baghodler.
What proportion of hodlers do you suppose this is? 80%? 90%? And what proportion of them have already contributed to the capitulation shitstorm on my bed?
Good post. You go on my little list. But someone did share the casa node news.

Must be less than that by a good margin.

Well this was rather depressing.
The biggest myths in cryptocurrency investing today and what would cause a new all time high
https://blog.goodaudience.com/the-biggest-myths-in-cryptocurrency-investing-today-and-what-would-cause-a-new-all-time-high-d6010657f01d
oh god yes so depressing. people like that shouldn't be allowed to publish their 'thoughts' at all
jojo69
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December 01, 2018, 07:14:19 PM
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Some rare infofront TA:





go home infofront, you're sleep deprived
VB1001
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December 01, 2018, 07:19:42 PM

Thank you all for your attention to me.
I have to go on a trip in a few hours for work.
I will continue reading this great thread and I will provide interesting information, of course.

Goodnight !!! Cool
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December 01, 2018, 07:22:34 PM

Walls are looking upside.


And btw. thanks for deleting my posts. Would not mind if you could give a reason other than "off topic".

They were not different from 99.95% of the average posts here.

I will refrain from posting here, because you probably would delete it anyway.


#notfunny

I don't recall deleting any of your posts - at least not in the last 4-5 days.
phishead
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December 01, 2018, 07:25:35 PM

pro tip phishead

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

Oh cool, glad you told me what is “tolerated” when discussing the issues of centralization. Hahaha.

It’s ok, I’ll be sure to shut up hopefully. Don’t want to piss off the powers that be here on this thread. Please continue your discussion on how centralization and censorship by a core group of people are horrible... my apologies to r0ach...

Roll Eyes Roll Eyes
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December 01, 2018, 07:29:25 PM

#notfunny
I don't recall deleting any of your posts - at least not in the last 4-5 days.
whoops i gave him a good kicking thinking you'd purged him. may have to eat my hat.
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