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Question: Oct. 23 Closing Price:
<$8,000 - 2 (3%)
$8,000-$8,500 - 0 (0%)
$8,500-$9,000 - 0 (0%)
$9,000-$9,500 - 0 (0%)
$9,500-$10,000 - 0 (0%)
$10,000-$10,500 - 1 (1.5%)
$10,500-$11,000 - 0 (0%)
$11,000-$11,500 - 3 (4.5%)
$11,500-$12,000 - 5 (7.6%)
$12,000-$12,500 - 16 (24.2%)
$12,500-$13,000 - 12 (18.2%)
$13,000-$13,500 - 8 (12.1%)
$13,500-$14,000 - 5 (7.6%)
>$14,000 - 14 (21.2%)
Total Voters: 66

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 23430521 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.)
VB1001
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March 17, 2019, 06:12:02 PM
Merited by JayJuanGee (1)

Says Venture Capitalist, Tim Draper

The great thing about cryptocurrency is that it is not tied to a government. Governments control you by controlling your currency. Governments have to switch from control to service. Governments have to start thinking in terms of, ‘How do I attract citizens to my government?’ as opposed to ‘You live here, you work for me.’

https://dailyhodl.com/2019/03/17/global-flip-to-bitcoin-and-crypto-is-inevitable-governments-must-switch-from-control-to-service-says-billionaire-venture-capitalist/

https://www.youtube.com/watch?v=0meJS9vDmaA&t=285s
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March 17, 2019, 06:16:11 PM

Says Venture Capitalist, Tim Draper

The great thing about cryptocurrency is that it is not tied to a government.

HURR DURR, well except for the fact shitcoins run on top of the govt's own infrastructure with completely non-obfuscated traffic, allowing them to be obliterated in seconds just like how they censored Zerohedge in New Zealand for no reason.  Even if you obfuscate the traffic, transaction validators are designed to centralize into a tiny amount of football stadium-sized mining facilities that the govt can just walk up to and seize it or shut it down. 

The fact the govt so far has done absolutely nothing to try and stop digital shitcoins and instead they promote them and actually create bills in congress ENCOURAGING people to use them tells you all you need to know - it's a govt created scam to try and lure people into a cashless society slave system and away from physical metals.
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March 17, 2019, 06:19:03 PM

they'd need to produce their photos of you yourself being the driver at those dizzying speeds in order to prosecute you

considering that many people's face opens the phone and that the car (at least some) starts when your phone is present, I could see that possibly happening. Maybe not as a prosecution, but as a "sudden" and "personalized" auto insurance increase. That would be nasty.
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March 17, 2019, 06:25:48 PM

Coinbase Pro Increases Fees, Updates Market Structure "to Increase Liquidity"

Per the announcement, the changes aim to increase liquidity, enhance price discovery and ensure smoother price movements. The changes include a new fee structure, reportedly designed to increase liquidity, updated order maximums, new order increment sizes, the turning off of stop market orders and added market order protection points.

https://cointelegraph.com/news/coinbase-pro-increases-fees-updates-market-structure-to-increase-liquidity

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March 17, 2019, 06:26:01 PM

Not to mention the tons of Atheists and Agnostics (myself included) that don't need to hear small minded morons spouting hate for an entire race/culture, creed/religion or political belief because they have no ability to see through anything but their own eyes.

Looks like it's you that's the "small minded moron" because in Atheism anything goes, pal.  What a fucking hypocrite.  If we play by your rules it's strictly law of the jungle and your leftist whining will be laughed at as some cannibal warlord builds a chair out of your skull.
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March 17, 2019, 06:29:00 PM

Would we erect a temple to The Flying Spaghetti Monster on an Island, attend services with White Russians and Beer every Sunday morning, dressed as pirates, for example ?
Will everyone work on the erection ? Only volunteers ?
Just askin'.

Will working on your erection be part of the service?
If it is I might go with another religion.
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March 17, 2019, 06:30:52 PM

Says Venture Capitalist, Tim Draper

The great thing about cryptocurrency is that it is not tied to a government.

HURR DURR, well except for the fact shitcoins run on top of the govt's own infrastructure with completely non-obfuscated traffic, allowing them to be obliterated in seconds just like how they censored Zerohedge in New Zealand for no reason.  Even if you obfuscate the traffic, transaction validators are designed to centralize into a tiny amount of football stadium-sized mining facilities that the govt can just walk up to and seize it or shut it down. 

The fact the govt so far has done absolutely nothing to try and stop digital shitcoins and instead they promote them and actually create bills in congress ENCOURAGING people to use them tells you all you need to know - it's a govt created scam to try and lure people into a cashless society slave system and away from physical metals.

You will need to a truck to transport your metals. Wink
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March 17, 2019, 06:32:43 PM

You have described a clock.

Maybe it's useful as a tool for producing some kind of machine or programming or whatever, but without some kind of context to explain what you are trying to do beyond the obvious, the result is still 4.
No, I have not described a clock. Clocks don't perform operations.

Context has been given, but you're cherry picking what you want to use to pretend that your reasoning abilities somehow make you superior. They don't. Your reasoning is heavily flawed, much more so than HM's appeal to emotion. He's trying to learn. Toxic and you don't. You're literally equivalent to him (Toxic) and only accepting what you already believe, while running away from arguments you clearly aren't equipped to hold.

Whole point of the finite fields was to demonstrate that objectivity as you seem to understand it is nonsense. No more than a result of evolution simplifying the non-objective reality for the sake of energy conservation.

Quote
Call math a language if you want, doesn't change anything. If it is a language that describes reality then it is reality you are dealing with. And with that I'm done with this topic.
English describes reality. Extremely poorly.




And again, you've completely ignored the fact that all of Math starts from assumptions. Assumptions which are de facto subjective. You can be "done" and pout all you want, but to use your words, that won't change reality. And if you want to go the "reason" and "objectivity" route, then my experience in Mathematics certainly gives me more authority to speak on this topic than you will ever achieve given my head-start. And the fact remains, Mathematics is a subjective language. Literally a language that is subject to the capacity of human thought. Which is self-evidently limited in scope.

You can't even begin to make an argument with similar rigour to that of a Mathematical proof in English. As such, you have sufficiently demonstrated your complete (current) lack of capacity for understanding the nature of it.

You clearly don't have your emotions in control either, otherwise you would've conceded that your reasoning is insufficient rather than becoming defensive. And here we go full circle to emotion/reasoning being a spectrum that is optimized with equal parts of both. Each to keep the other in check.

Wow, I think I just witnessed Ibian's amygdala shrink.
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March 17, 2019, 06:38:55 PM
Last edit: March 17, 2019, 07:00:13 PM by Last of the V8s

https://twitter.com/notgrubles/status/959666773804179457
My #Bitcoin mainnet c-lightning tutorial is on http://blockstream.com  (!!!) ⚡️⚡️⚡️https://blockstream.com/2018/02/02/lightning-instant-bitcoin-transacting-tutorial.html
5:56 AM - 3 Feb 2018


https://bitcoinist.com/bitcoin-lightning-network-1k-btc-capacity/
Bitcoin Lightning Network: Happy Birthday!
One year ago, on March 15th, Lightning Labs CEO, Elizabeth Stark, announced the first official beta implementation of the Lightning Network.


Let's not re-write history, that's for the roaches and bcashists. (@blockdigest)
remember #reckless? all that was between these 2 dates. it's a minor point, which implementation came out when, but why get it wrong?
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March 17, 2019, 06:41:14 PM

I think we have already talked about it or I read it in news. I can't recall properly.

Here
Quote
Gold has roughly $7 trillion outstanding. If Bitcoin were to replace gold and its market cap soared to $7 trillion, each Bitcoin would be worth around $333,333.

After all 21 million BTC have been mined, Blumer says Bitcoin’s transaction fees will increase but additional scaling solutions, like the Lightning Network, will create cheaper options for transacting Bitcoin.
- EOS Founder
https://dailyhodl.com/2019/03/17/eos-founders-massive-bitcoin-prediction-plus-ripple-and-xrp-ethereum-tron-litecoin-stellar-cardano/

Laughable scammer spam - it is the EOS guy after all.  Shitcoins have built-in middlemen and do not remove counterparty risk.  Any non-fungible instrument is also a permissioned ledger by default.  Even Infofront in this thread has had coins BLOCKED by Coinbase.  He's not a crackdealer or anything (that I know of).  Shitcoins are strictly pump and dump scams and nothing more.  

Anyone that believed the market cap of both metals and digital shitcoins had topped out, they would always choose metals over shitcoins if forced to pick one to store value in simply because it requires a black hole hitting the earth to destroy metals while shitcoins can die from a million different black swans.  This is why metals will ALWAYS be the base of Exter's Pyramid and it's completely impossible for imaginary, valueless tokens to defeat them.
I would be surprised if there weren't people making the same remarks about stocks and other forms of equity when they first emerged. Same story with any form of currency. Go try to explain money to some native tribe, pretty sure they'll call it a scam as well if they even have that a word for that.

As far as metals go, you don't have to destroy them to render them worthless. And shitcoin markets are clearly more efficient than stock exchanges, especially with the advent of decentralized p2p exchanges. So pretty obvious what will happen there in the future.
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March 17, 2019, 06:43:56 PM

You have described a clock.

Don't bother arguing about this whole "did humans invent math or discover math" nonsense.  I don't think at the highest realms of mathematics right before people go insane from studying it is there even a real consensus. A lot of this BS Btcmillionaire is talking about is simply due to the human models of math mostly being based on deterministic concepts while the universe is not.  In that manner, everything is simply an approximation and is why even if you engineer something to mathematical perfection it can still easily fail.
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March 17, 2019, 06:46:58 PM

Wow, I think I just witnessed Ibian's amygdala shrink.
This is at least the second time I've seen him go full NPC. Given how much he seems to praise raw reason it strikes me as ironic that he would reason his way into believing that he could know more about Mathematics than a Mathematician. Wouldn't it be an act of reason to at least ask questions rather than boldly proclaiming truth about topics clearly out of one's expertise? But alas, he was the first to state that "he's done", so he clearly "won" something.
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March 17, 2019, 07:01:21 PM

And shitcoin markets are clearly more efficient

No.  Yours, like all shitcoin scammer's arguments, are ALWAYS based on the COMPLETELY FALSE premise that it's possible to create a decentralized digital currency in the first place.  It's NOT.  Transaction validators are always designed to centralize.  If you attempt to correct this fatal flaw by mandating a fixed number of transaction validators, all you end up with is some Dan Larimer Rube Goldberg machine like DPOS that has just as many or more problems while also being a closed entropy system.
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How much alt coin diversification is needed? 0%?


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March 17, 2019, 07:12:48 PM

Ladies and Gentlemen, Year changed and Number changed, But the situation remains the same so.

(\__/) | ̄ ̄ ̄ ̄ ̄ ̄ ̄|
(• ¿ •)|   Buy ₿itcoin     |   
/   づ________|      and HODL!!!


https://twitter.com/crypto_rand/status/1107266029913288704
I like the text in the box design as much as the comment in the image. Enjoy the rain 🙂

I understand that it sounds ridiculous now, but IF he sold at $14, then he had a chance to rebuy at $2-3 later the same year.
He probably did not, hence I maintain that selling (with profit) during the dip is easy, it is buying again that is difficult.
I have several personal stories to tell another time. It is obvious to me that i cannot do it, so hodling is the way to go until I might need fiat (if ever).

From his phraseology, it seems to me that he sold at $14 at a loss. 

Who knows what the fuck he did or could have done, but if he was selling on the way down from $32 or something like that, he could have bought back in, yet in 2011, there were NOT a lot of buying and selling options, so who knows?  Was he on GOX?  did he keep his money there when it was already so difficult to get money there in the first place?  Not a lot of options for moving money around, so harder to place our trading standards on what was happening then, especially if we do not know enough about his particular context and trading/liquidation options.. .

Regarding your point about HODL until you might need fiat shows a certain amount of discipline that you likely have in your investment, which is investing long term and with out using money that you need.  Use your extra money in order that you can ride out the waves.. and hopefully, not investing into something in which you have such low confidence that either you invest more than you are willing to lose and you don't have a plan for the down waves such as either HODL or buy more.
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March 17, 2019, 07:16:11 PM

You have described a clock.

Don't bother arguing about this whole "did humans invent math or discover math" nonsense.  I don't think at the highest realms of mathematics right before people go insane from studying it is there even a real consensus. A lot of this BS Btcmillionaire is talking about is simply due to the human models of math mostly being based on deterministic concepts while the universe is not.  In that manner, everything is simply an approximation and is why even if you engineer something to mathematical perfection it can still easily fail.
Ibian was trying to make an entirely different point. Namely that reality was objective, which it is not. You can invoke objectivity by specifically limiting your scope, but that objectivity is subject to arbitration and hence not objective in absolute terms.

The debate that you however bring up is merely an artifact of human language. Very similar to the point above but different nonetheless. There is no fundamental difference between discovery and creation from the perspective of a conscious observer. You can call your creative process a creation, but it's just as true that you're discovering a moment in time that you were not previously aware of. In a similar way deterministic vs non-deterministic universe is mere arbitration. These debates can only be had from a limited perspective, one of imperfect knowledge. With perfect knowledge of the system the distinction becomes arbitrary, no more than naming rights.

Also, not sure what gave you the idea that Mathematics is deterministic. There are areas of it that are, but a big portion of it is anything but.
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March 17, 2019, 07:17:01 PM

anyone interested the weekly bar should close above 4k on Bitstamp?



EDIT: what will next week happen? above 4K or down again?
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March 17, 2019, 07:19:04 PM

And shitcoin markets are clearly more efficient

No.  Yours, like all shitcoin scammer's arguments, are ALWAYS based on the COMPLETELY FALSE premise that it's possible to create a decentralized digital currency in the first place.  It's NOT.  Transaction validators are always designed to centralize.  If you attempt to correct this fatal flaw by mandating a fixed number of transaction validators, all you end up with is some Dan Larimer Rube Goldberg machine like DPOS that has just as many or more problems while also being a closed entropy system.
I never said anything about decentralized currency here. You can use shitty Ripple to facilitate more efficient financial markets than current ones. And if it's more efficient people will use it. With or without trusted ledgers. The decentralization aspect of Bitcoin is a whole different story. Shitcoins are here to stay, period.
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March 17, 2019, 07:19:33 PM

My view is that DNA tests are too dangerous and that there are too many factors to control.  Therefore you should never do them.*

I sense a market opportunity for a middleman.

You pay middleman (via Bitcoin, ofc).
You create keypair.
You send bio sample to middleman, along with public key.
Middleman sends your sample to testing facility with no identifying info.
Testing facility sequences your DNA, sends data to middleman.
Middleman encrypts your test result data, makes it publicly available.
You watch for data (rest results) associated with public key, retrieve data, decrypt, use as you see fit.

Results private, as they not traceable to you.




Funny that i thought about it yesterday as well.
However, there is weak link with your description that I outlined in bold.
When you send a sample, it HAS to be sent with identifying info (you register the sample collection kit on their website).

Yes, but it doesn't have to identify _you_. It need only identify the public key you gave middleman.

I guess I just assumed that would be understood without need of explanation.
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March 17, 2019, 07:23:12 PM

Says Venture Capitalist, Tim Draper

The great thing about cryptocurrency is that it is not tied to a government.

HURR DURR, well except for the fact shitcoins run on top of the govt's own infrastructure with completely non-obfuscated traffic, allowing them to be obliterated in seconds just like how they censored Zerohedge in New Zealand for no reason.  Even if you obfuscate the traffic, transaction validators are designed to centralize into a tiny amount of football stadium-sized mining facilities that the govt can just walk up to and seize it or shut it down. 

The fact the govt so far has done absolutely nothing to try and stop digital shitcoins and instead they promote them and actually create bills in congress ENCOURAGING people to use them tells you all you need to know - it's a govt created scam to try and lure people into a cashless society slave system and away from physical metals.

You will need to a truck to transport your metals. Wink

Roach is only talking in theory anyhow, because he can fit all of his metals into one suitcase.  In other words, he don't got much.  But he has enough to make border crossings an issue... accordingly, if he does not want to report what he has, then he is trapped domestically, or he will have to make several trips while carrying less than $10k in value each time (which might not be a problem for him given his stash and the ongoing depreciating value of such) or employ some kind of capital movement accounting evasion methods., which would likely not be good if he were to get caught.
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March 17, 2019, 07:24:23 PM

https://www.youtube.com/watch?v=phMzr0WKOVY

What did I say just the other day? What did I fucking say? I KNEW there was something off about those damn kiwis.

Incidentally excessive friendliness is also one of the signs of narcissism. I think that was why it tripped my spider sense. And narcissism is on the rise everywhere, in all western countries. It's really worth looking into. I recommend Sam Vaknin on youtube, one of the leading experts on the topic.
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