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

[HairyMaclairy]

while the diesel-electric hybrids are pulling 400-500 tons

FTFY

[1686359081]

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[1686359081]

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[1686359081]

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[1686359081]

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[1686359081]

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[jojo69]

people engaging with r0ach...check

W.O.s at each other's throats arguing politics...check

price flatline...check

[HairyMaclairy]

people engaging with r0ach...check

W.O.s at each other's throats arguing politics...check

price flatline...check

Busted.

[realr0ach]

Is it that hard to understand that when the fake monetary system, fake news, fake govt, and everything else goes bust, other fake, man-made systems like bitcoin based on artificial scarcity of no value that are designed to centralize will get taken out with the trash too and back to metals we go?

[Phil_S]

Wikileaks: 

https://twitter.com/wikileaks/status/1095716256370647045

[alevlaslo]

why is bitcoin turn into a Visa? What is the point in reducing the block size + LN, if a large block does not interfere, safe storage in any case only cold
BCH the best

I think this was conceived for the sake of raising commissions in the main network, so that people use only a centralized LN

no you patent fool it was conceived because of the imminent balkanisation of the internet and possible network partitioning.
conceived by people who see the need to send over the radio not the internet
and by people who know that running a node should be as easy as possible in order to keep the miners honest

L1 is the gold that you keep, but L2 is the dollars on the card that can freeze

L1 this your money, but L2 is uncle said you that this your money

understand the only important thing: it is not important to decentralize, but important the inability to freeze your money without a hard fork. L1 provides it, but L2 and a coins type xrp does not provide

[HairyMaclairy]

Some poopyhead calls bottom

So, the 2015 bottoming fractal still holds strong, suggesting that the bottom is in for the 2018 bear market. Unless we see a powerful deviation, such as a breakdown from the triangle, a major failure to surpass the 50 EMA , and particularly a fall below the 3150 level, the evidence supporting an end to the bear market is continuing to grow. Until such evidence emerges, to convince me otherwise, I am personally of the opinion that the bear market has most likely ended.

Hi friends! Welcome to this update analysis on Bitcoin! Before we get to it, I just want everyone to know that I'm traveling right now, in a place that has horrible internet. I'm posting from my phone right now, but my posts for the next few weeks may be infrequent. Regardless, I will do my best to support all of you - the community that I love so much! Now, without further ado, let's get right to it!

Looking at the daily BTC chart, we can see that Bitcoin is continuing to hold the triangle that it broke down from (in black,) which is an attempt to further confirm the bitcoin fractal that I've posted about in the past several Bitcoin analyses. However, price still remains below the crucial 50 EMA (in orange.) For the 2015 bottoming fractal to continue, we should see a hold of the triangle, and then a rally above the 50 EMA , followed by a potential rally up to the top of the downtrend channel . If we see a move like that, it would be a nearly exact replication of what we saw in 2015, after the market bottomed on the weekly 200 MA (in pink.)

So, the 2015 bottoming fractal still holds strong, suggesting that the bottom is in for the 2018 bear market. Unless we see a powerful deviation, such as a breakdown from the triangle, a major failure to surpass the 50 EMA , and particularly a fall below the 3150 level, the evidence supporting an end to the bear market is continuing to grow. Until such evidence emerges, to convince me otherwise, I am personally of the opinion that the bear market has most likely ended.

I'm the master of the charts, the professor, the legend, the king, and I go by the name of Magic!  Au  revoir.  

https://www.tradingview.com/chart/BTCUSD/DkwHV4mi-The-Bitcoin-Bottoming-Fractal-Holds-Strong-BTC/

[realr0ach]

Wikileaks:  

https://twitter.com/wikileaks/status/1095716256370647045

It just proves craptocurrency has no Schelling point when this stuff happens on a daily basis with buffoons arguing about it on Twitter all day.  Monetary metals have a specific, required atomic configuration.  If you claim bitcoin can be changed at all, then anyone can claim whatever the fuck is the "real" bitcoin and not the other one you claim is.   Shitcoins have no atomic configuration.  Hell, if shitcoins had any type of valid Schelling point, none of these alt-shitcoins would still be alive either.  Instead, most of them seem to track identically to bitcoin's price movements and there's zillions of them alive and well.

[ðºÞæ]

^ Bitcoins configuration. https://bitcoin.org/bitcoin.pdf
Bitcoin was in fact (صكوك‎) ṣukūk in nature the configuration change he more or less single-handed wrote changed the finance method.

[JayJuanGee]

Wikileaks:  

https://twitter.com/wikileaks/status/1095716256370647045

It just proves craptocurrency has no Schelling point when this stuff happens on a daily basis with buffoons arguing about it on Twitter all day.  Monetary metals have a specific, required atomic configuration.  If you claim bitcoin can be changed at all, then anyone can claim whatever the fuck is the "real" bitcoin and not the other one you claim is.   Shitcoins have no atomic configuration.  Hell, if shitcoins had any type of valid Schelling point, none of these alt-shitcoins would still be alive either.  Instead, most of them seem to track identically to bitcoin's price movements and there's zillions of them alive and well.

Your ongoing attempts to look at short term dynamics remains quite lame.

Shitcoins were already anticipated by satoshi, especially in terms of their attempt to imitate, copy and take over, and even if satoshi did not spell out every possible way that shitcoins would be employed as attack vectors upon bitcoin, their existence tend to show the value of bitcoin with the vigor in their ongoing attempts (seeming unsuccessful) to improve upon it and replace it, so don't get shitcoins mixed up with bitcoin with your pitiful-ass attempt to use their ongoing existence (and lack of immediate death) as if there were a lack of a schelling point in bitcoin - which is surely not proven by your weak assertion... as you should likely realize, it could take 50 years for these value propositions to play out (and perhaps your PMs such as gold and silver will be valued in the less than 5% of bitcoin arena by the time we reach such increased clarity to the masses about bitcoin's value as the true and most sound of sound money, perhaps?).  

[Ibian]

I lived in China for about six months.  In Shanghai, in the French concession.  I was working for a company in the Jing'an district.  This gave me the opportunity to experience first hand what it is like to live in a country with little to no environmental regulations.  It has been awhile since I have been there so things may have changed a bit since but I have my doubts.

• I went out to the bars on Bund one night and came home piss drunk.  Hopped in the shower and was thirsty and drunk so took a big mouthful of water.  I nearly vomited and was instantly sober.  Shanghai tap water is disgusting - no one drinks it except the very poor.  It tastes like liquid metal with god knows what mixed in
• I was driving home in a taxi one winter evening and looked out the window at the beautiful snow fall.  Then I realised it was still well above freezing.  The falling "snow" was just fly ash from the local coal fired power station
• A friend of mine landed at the airport.  I went to collect her.  On the taxi ride into the city she commented on the moon which was high in the sky.  I told her 'no' that's the sun and its just smog that make it look dim.  We then had an argument about whether it was the sun or the moon.  I was right and she was wrong.

Here is a picture of what Shanghai looks like on a typical day



Here is a photo of Beijing, which tends to be worse than Shanghai



A pic from Shijiazhuang which is further inland





You guys might think that environmental regulations are killing the USA and UK, but I suggest the opposite.  A lack of environmental regulations are killing China and places in Asia.  All the rich Chinese establish anchor homes in the West, in part just so they can get away from the pollution.  

Think twice before you advocate for getting rid of environmental protections.  You might think that the EPA is communist, but it is truly awful living somewhere without proper environmental controls.  I was offered a pay rise if I would stay for another six months after my contract was up, but I got the fuck out of China and have never been back.  Once I got off the plane in the West and walked into the airport parking lot, all I could smell was this wall of fresh air and flowers.  That memory is absolutely seared into my brain after six months of living in smog.  




Some more information just so you don't think I am making it up:

Can I drink the tap water in China?

No, the tap water in China is not safe to drink. Unlike most western countries where there is easy access to safe tap water, in most places in China the tap water, although it looks clear, is not safe for drinking unless it has been boiled. Even in big cities like Beijing and Shanghai, water from the tap is not well filtered, sterilized, or purified, and may carry hazardous contaminants like sediments, rusts, bacteria, virus, chlorines, or other heavy metals. Sicknesses like diarrhea caused by drinking unclean water may spoil your trip.

Source: https://www.travelchinaguide.com/essential/water.htm

China's air pollution crisis shows no sign of ending as nation fails to lower coal use  10 January 2017

For the last month, severe air pollution has choked Beijing and coal is estimated to cause about 40 per cent of the smog in the nation's capital. Other cities in the north, such as Shijiazhuang, have recorded air quality of 1000 PM2.5. PM2.5 are fine particles less than 2.5 micrometres in diameter that can lodge in the lungs and get into the bloodstream. The World Health Organisation says anything over 25 PM2.5 as a health hazard

 Source:  https://www.abc.net.au/news/2017-01-08/chinese-air-pollution-crisis-caused-by-ongoing-coal-use/8168702

Look at you, using all facts and shit, lets not have that crap get in the way of a good party line.

The chinks are fucking disgusting. That does not make co2 a pollutant, comrade.

[Ibian]

Is it that hard to understand that when the fake monetary system, fake news, fake govt, and everything else goes bust, other fake, man-made systems like bitcoin based on artificial scarcity of no value that are designed to centralize will get taken out with the trash too and back to metals we go?

Yes. Make your case, don't just keep spouting the result you are emotionally invested in.

[Ibian]

Schelling point.

Your theory is wrong. As in labor theory of value levels of wrong.

[El duderino_]

Yeah all around english isn’t the best kitchen as well

This topic is to talk about a technology that require some knowledge of science, computer science, math and economic. You need to create two topics, one to talk about food, the other to talk about dildos.

What?  This isn't the what Micgoossens ate today, and yesterday, and the day before thread?

And its not the extinct nazi thread/useless silver thread neither
What are we gonna do r0ach?

Sometimes we need comparison and examples for better and comprehensive discussion.
Silver an Bitcoin have one thing in common which is trading.
But what dildo or food and BTC have in common.

There is nothing else around food like buying and selling till point of consumption

[realr0ach]

Shitcoins were already anticipated by satoshi, especially in terms of their attempt to imitate, copy and take over, and even if satoshi did not spell out every possible way that shitcoins would be employed as attack vectors

Shitty JayJuanGee argument appeal to authority that bitcoin was created by God himself, is perfect in every manner, can't die even though it uses a completely arbitrary design with no objectively good traits, and can't be inferior or useless to something someone else creates because it was in fact made by God.  I've noticed just about every dumb JayJuanGee argument uses this false supposition.  

I use the term "God" metaphorically here, but using batshit stupid JayJuanGee logic, physical metals were in fact created by "God" and thus have to be perfect, while Satoshi is obviously a false god and not a real one - a deceiver. So, metals therefore are the real perfect creation and all digital shitcoins are the altcoin scam.

[Arriemoller]

From the mouths of children another wake up call. Who is listening?

TED talks w/ Greta Thunberg

https://www.youtube.com/watch?v=H2QxFM9y0tY


will play a pivotal roll in the coming changes that are necessary to transition off this destructive oil based economy and into a sustainable environmentally friendly one.

she is a child and speak like a child...
Do we mess up nature...sure we do.
However, ask whether people of Sweden (or anywhere else) will give up their meat and their warm winter flats, etc etc in a noble goal of reducing emissions (with a big maybe), and you would hear a resounding NO.

Realistically, i see only two possibilities:
1. We will continue with population growth, pollution, environmental destruction until we would be too stupid to even comprehend the consequences (CO2 levels twice above normal reduce your intellect by 20%).
Why we would continue? because our lifespan is too short to comprehend the change that occurs over relatively long time periods (more than 30-50 years) and act on this in a democratic society with no dominating opinion.
Once we self-destruct en masse, Earth will return to semi-balance within 100 thou years, maximum a million, only to become unlivable (due to expanding Sun) in about 1 billion years.
BTW, I can see the effects of current civilization first hand. Most current students have significantly decreased levels of comprehension, critical thinking, analysis, etc. Maybe not true for Stanford, but certainly true in some run of the mill schools. The process of "idiocratization" is well on its way.
Can worldwide tech civilization sprung again after the survivors become smarter again following the crisis? Unlikely, since we already consumed vast %% of coal and oil.
This probably explains the Fermi paradox: there is nobody out there because it is impossible (or close to impossible) to solve this problem of civilization vs environmental destruction/pollution. This is proposed to be a Great Filter which presumably prevents civilization to continue over cosmically long time periods.

2. We would become non-biological, which would render Co2 levels moot. In such case, we would probably consume the biosphere or utilize their carbon for something else. Horrible?
Maybe, but it is my less favorable scenario.

Let me inform you about the latest on the Greta Thunberg affair.
The whole thing was set up by the  PR-expert Ingmar Rentzhog in  order to raise money for his company  ”We Don’t Have Time”. It's Kind of like an ICO scam but with Greta as the token. Her mother is the famous opera singer Malena Ernman, who just by coincidence released the book ”scener ur hjärtat” (scenes from the heart) about climate angst and Gretas way too a school strike for the climate, at the hight of Gretas media attention.

The whole story, (in Swedish, use Google translate) https://samnytt.se/svd-uppmarksammar-affarerna-bakom-greta-thunberg-tva-manader-efter-att-de-avslojats/

[Arriemoller]

I see we disagree heavily,  my main goal is to give people a baseline like an UBI.  We are missing out on a lot of potential by people stuck in poverty that go through extreme stress and are never able to achieve anything great.  I believe everyone should at least have their basics met: education, healthcare, housing, food.

You are rich right? Go do that with your money and shut the fuck up about how the rest of us use ours.

There is only so much one person can do.  Don't you realize crime and violence happens mostly because of poverty.  I'm a bad person for wanting to make the world a better place?

Nope, crime and violence happens mostly because of genetics, with a little nurture on top.

[VB1001]

This letter is an official statement from the Trezor team about the recent phishing attacks.

https://blog.trezor.io/a-message-for-our-community-about-recent-phishing-attacks-b6fc77fdb0b6

[Arriemoller]

I lived in China for about six months.  In Shanghai, in the French concession.  I was working for a company in the Jing'an district.  This gave me the opportunity to experience first hand what it is like to live in a country with little to no environmental regulations.  It has been awhile since I have been there so things may have changed a bit since but I have my doubts.

• I went out to the bars on Bund one night and came home piss drunk.  Hopped in the shower and was thirsty and drunk so took a big mouthful of water.  I nearly vomited and was instantly sober.  Shanghai tap water is disgusting - no one drinks it except the very poor.  It tastes like liquid metal with god knows what mixed in
• I was driving home in a taxi one winter evening and looked out the window at the beautiful snow fall.  Then I realised it was still well above freezing.  The falling "snow" was just fly ash from the local coal fired power station
• A friend of mine landed at the airport.  I went to collect her.  On the taxi ride into the city she commented on the moon which was high in the sky.  I told her 'no' that's the sun and its just smog that make it look dim.  We then had an argument about whether it was the sun or the moon.  I was right and she was wrong.

Here is a picture of what Shanghai looks like on a typical day



Here is a photo of Beijing, which tends to be worse than Shanghai



A pic from Shijiazhuang which is further inland





You guys might think that environmental regulations are killing the USA and UK, but I suggest the opposite.  A lack of environmental regulations are killing China and places in Asia.  All the rich Chinese establish anchor homes in the West, in part just so they can get away from the pollution.  

Think twice before you advocate for getting rid of environmental protections.  You might think that the EPA is communist, but it is truly awful living somewhere without proper environmental controls.  I was offered a pay rise if I would stay for another six months after my contract was up, but I got the fuck out of China and have never been back.  Once I got off the plane in the West and walked into the airport parking lot, all I could smell was this wall of fresh air and flowers.  That memory is absolutely seared into my brain after six months of living in smog.  




Some more information just so you don't think I am making it up:

Can I drink the tap water in China?

No, the tap water in China is not safe to drink. Unlike most western countries where there is easy access to safe tap water, in most places in China the tap water, although it looks clear, is not safe for drinking unless it has been boiled. Even in big cities like Beijing and Shanghai, water from the tap is not well filtered, sterilized, or purified, and may carry hazardous contaminants like sediments, rusts, bacteria, virus, chlorines, or other heavy metals. Sicknesses like diarrhea caused by drinking unclean water may spoil your trip.

Source: https://www.travelchinaguide.com/essential/water.htm

China's air pollution crisis shows no sign of ending as nation fails to lower coal use  10 January 2017

For the last month, severe air pollution has choked Beijing and coal is estimated to cause about 40 per cent of the smog in the nation's capital. Other cities in the north, such as Shijiazhuang, have recorded air quality of 1000 PM2.5. PM2.5 are fine particles less than 2.5 micrometres in diameter that can lodge in the lungs and get into the bloodstream. The World Health Organisation says anything over 25 PM2.5 as a health hazard

 Source:  https://www.abc.net.au/news/2017-01-08/chinese-air-pollution-crisis-caused-by-ongoing-coal-use/8168702

Look at you, using all facts and shit, lets not have that crap get in the way of a good party line.

Yes, but it is also a fact that they work very hards to reduce harmful emissions, and with good effect, and some side effects.
"China's official action plan to address its pollution problems was launched in 2013, and since then, the nation's drastic air pollution controls have had a correspondingly drastic effect, slashing concentrations of harmful PM 2.5 particle matter in eastern China by almost 40 percent."

https://www.sciencealert.com/china-s-war-on-air-pollution-has-had-a-sinister-side-effect-we-never-expected

[Lambie Slayer]

Hello frenz.

Our baby bull market is 61 days old. For those of you who doubt this, we have a new bottom indicator.

https://twitter.com/JoseCanseco/status/1095422953687154688

"Stay away from Bitcoin it has the same structure as any pyramid scheme but controlled by one individual"

Jose Canseco has sold all of his coins and moved on to hunting bigfoot and time traveling with aliens he claims.

https://www.sfgate.com/sports/article/Hunt-bigfoot-and-aliens-with-Jose-Canseco-for-13615160.php

"you can travel with Canseco for a mere $5,000 in cash. Canseco tweeted the offer Tuesday: “Go on a Bigfoot and alien Excursion with Jose Canseco contact Morgan Management.” ..... “Only 5 lucky individuals will get a golden ticket. Oompa loompas ain’t got nothing on Bigfoot. Travel in his custom RV ... You never know what’s gonna happen with Mr. Canseco.” ..... Last month, Canseco tweeted that aliens had given him the secret to time travel."

Jose was kind enough to fomo in right around the Bitcoin top in late 2017.

https://twitter.com/JoseCanseco/status/933131368371859456

"In 2020 countries with digital based financial systems shall form the DEU - Digital Economic Union and Satoshi Nakamoto shall emerge as world leader"

4:33 PM - 21 Nov 2017
@JoseCanseco

"So don't be late to the party. Soon this opportunity will cease to be one."


Now Jose has sodled the bottom and joined the delusional bear team.




3800 next week. The hopium is spreading.