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

[Lambie Slayer]

I notice how a lot of the fiat ultra elite pledge to donate all or a percent of their net worth to charity when they die. I think we should start a Bitcoin pledge where we promise to destroy the keys to a certain percent of our coins when we die, thus strengthening the Bitcoin eco system and enriching our Bitcoin brothers and sisters we leave behind. This seems to have been what Satoshi may have done for us and perhaps his second greatest gift, losing the keys to a million coins to make us all richer.


June 21, 2010, 05:48:26 PM

"Lost coins only make everyone else's coins worth slightly more.  Think of it as a donation to everyone." Satoshi

I agree. On an either-or scale, socialism obviously does not work. Capitalism, ho! all the way. But as long as we live in a society there has to be some element of looking out for one another. And people who inherit wealth but never learn how to generate it piss it away anyway and turn into pieces of shit. Thus, take the keys to some, possibly all, of your coins with you to your grave and instruct the little monsters in the fine art of being worth a damn without having to rely on handouts.

Everyone profits. You from doing whatever you damn well please with your money while alive, your family reputation from your generous donation, your kids from being better than they would otherwise have been, and coiners around the world. And this way, there is certainty that the donation will go to the intended recipients, and not be "lost" in managerial inefficiency.

You bring up a great point! I had just pondered a Bitcoin Pledge for the first time this morning and didnt even think of the benefits of being able to leave every hodler on Earth a little piece of your wealth with zero admistrative costs, legal costs, tie up time in probate courts, or estate taxes. Perhaps the worlds first 100 percent cost efficient charity.


I Lambie Slayer, hereby pledge to, upon my death, take the keys to a minimum of 20 percent of my Bitcoins with me into the the halls of Valhalla.  My gift to my fellow Hodlers.

[JSRAW]

Is there a Dutch word for 'fuckery'?

Afgang ore rotzooi.  

tyvm^ edit: wait what

Synonym for fuckery;

Afgang ---> failure.

Rotzooi ---> garbage.

Basic online Dutch language course: Thanks WO's Family!

And I noticed that everyone only show curiosity for curse words . and friends are more than willing to teach them every time, guess its universal thing, but limited to guys only.

I knew that.
That is why I mentioned crazy people driving on the wrong side of the road. 

You are French, right?

[El duderino_]

^
Thats the thing about kenzawak....  you would never guess he’s actualy a french guy

[Lambie Slayer]

7k tonight?

Looks like you be in a process to rejuvenate some optimism, here?

We had witnessed a few hairy days, in which you had revealed some kinks in your BTCxxx BTCxxx armor.... hahahahahahaha

 

Please sir, never a kink. Just thought the Baby Bull would have a healthy correction to 4200. Still think something of the sort is in the cards, but why not hit 7k first   as the Bitfinex troubles keep pumping the price. Only a baby for 2 more days, May 8 is coming

Although it looks like we're going straight up with no afterthoughts, I mostly agree with Lambie's view. Maybe 4.2k is starting to look a bit too far down, and the high 4k's are more likely as a correction target, but the gist of it is still valid IMHO.

Not a good day in court for Bitfinex they were denied their motion to vacate even though they had solid arguments. Kangaroo court appears to rule the day. I suspect we keep pumping hard as bulls are taking advantage of desperate customers paying a premium to pull out their Bitcoin, then when everyone who really wants out is out, we correct.

This. The volume is still quite tentative, with the occasional plump burst.

No way in hell is this Bull market ending rn though. This party will last years imo.

We're already in party rehearsal mode, man  

rehearsal indeed and yes Id say at this point the pump has been so strong that high 4ks are a lot more likely than 4200 at this point for a correction.

[LFC_Bitcoin]

^
Thats the thing about kenzawak....  you would never guess he’s actualy a french guy

He’s a cool guy, he really intrigues me. I probably should have just asked him via a PM but I wondered what he does for a job. He travels a hell of a lot.

kenzwak?

Lol

[Last of the V8s]

https://twitter.com/DragonBTC/status/1125782478420156416
"Just one more 2x" you keep telling yourself

[julian071]

Is there a Dutch word for 'fuckery'?

Afgang ore rotzooi.  

tyvm^ edit: wait what

Fuckery synonym;

Afgang ---> failure.

Rotzooi ---> garbage.

sounds more like 'fucked-ness' or uselessness
fuckery is ~=shenanigans or devilry but ruder obviously

edit: i see the internet dictionaries have both meanings active/passive. meh, fuck 'em
fuckery = manipulation to me

If fuckery means manipulation to you, then you can use the finest of Dutch curse words, the ones that reference diseases. In this case, when something is thoroughly manipulated, you can refer to that as one big "kankerzooi", or, if you do not want to hurt the feeling of those around you who may have had to deal with cancer, as a big "teringzooi".

[Last of the V8s]

aahaa now we're motoring. tyvm Julian
meanwhile in more meddlesome feds news
https://www.timesofisrael.com/two-israelis-arrested-in-international-dark-web-takedown-involving-fbi/

[LFC_Bitcoin]

Stamp’s changed its website layout/graphics. Not sure if I like it 

[kenzawak]

^
Thats the thing about kenzawak....  you would never guess he’s actualy a french guy

 

^
Thats the thing about kenzawak....  you would never guess he’s actualy a french guy

He’s a cool guy, he really intrigues me. I probably should have just asked him via a PM but I wondered what he does for a job. He travels a hell of a lot.

kenzwak?

Lol

Nothing intriguing really.
I'll tell you at the 100k party... oh wait, I won't be working anymore by then.  

[VB1001]

Again at the airport, day shit...

But almost $6,000 this is nice.

[kenzawak]

@LFC_Bitcoin, @Mic, @Pamoldar and others : good luck for tonight's game !

[rdbase]

Again at the airport, day shit...

But almost $6,000 this is nice.

Looks like it will be just licking at $6k but not quite passing it until some big news comes to pass which should pop it off.

[LFC_Bitcoin]

@LFC_Bitcoin, @Mic, @Pamoldar and others : good luck for tonight's game !

Going to need a hell of a lot of luck. I don’t think it’s possible. Gave up our tickets to save more heartbreak tbh.

[JSRAW]

Cricket World cup is coming too if anyone cares here. Indian and Oz team going to kick some ass in this edition.

Or may be this time English Team can finally win the World cup for first time despite inventing the game lol  

Nothing intriguing really.
I'll tell you at the 100k party... oh wait, I won't be working anymore then. 

Guess, I have a idea. will pm you answer at the 20k mark

[Toxic2040]

Good morning all.

Legacy markets are still bleeding as our fearless Supreme Cheetoh ramps up trade war rhetoric again. The Dow lost over 500 points yesterday and is lethargic today as traders remain rattled over US-China trade tensions.

Meanwhile in bitcoinlandia bullish signals continue flashing.

#dyor


probing attacks continue at the $6k barrier
1h

*EDIT*  v this is a 30m chart obviously


over 32.5k shorts and climbing
4h

#stronghands'19

[jbreher]

inertial dampers offline

hull breach on level 59

Simply an opportunity for volatility harvesting.

[jbreher]

I’ve identified three credible estimates of Bitcoin electricity use that agree with each otherwell—Bevand, Vranken, and Krause and Tolaymat—and three others that have seriousissues—O’Dwyer and Malone, Digiconomist, and Mora et al. The latest estimate from one ofthese credible sources is about 5 GW of power use globally on June 30, 2018, with someindications that electricity use started falling around that time, due to the collapse of Bitcoinprices in early 2018. If converted to annual electricity consumption, 5 GW represents 44 billionkWh (44 TWh), or about 0.2% of global electricity use.

https://coincenter.org/files/estimating-bitcoin-electricity-use.pdf ^

-just another 50.8% needed to be safe

https://bitcointalk.org/index.php?topic=520977.msg7748687#msg7748687

[jbreher]

Is there a Dutch word for 'fuckery'?

V8 = closest to it

rude
thought we were mates

Fuckery is the sincerest form of flattery.

[jbreher]

Is there a Dutch word for 'fuckery'?

Afgang ore rotzooi.  

tyvm^ edit: wait what

Fuckery synonym;

Afgang ---> failure.

Rotzooi ---> garbage.

sounds more like 'fucked-ness' or uselessness
fuckery is ~=shenanigans or devilry but ruder obviously

edit: i see the internet dictionaries have both meanings active/passive. meh, fuck 'em
fuckery = manipulation to me

I understand you've not read the 50 Shades trilogy.