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Question: Did we reach the bottom already?
Yes - 60 (50%)
No, it's coming later this year - 44 (36.7%)
No, it's coming next year or after - 16 (13.3%)
Total Voters: 120

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 25878750 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. (170 posts by 5 users with 9 merit deleted.)
Last of the V8s
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Be a bank


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May 06, 2019, 08:42:10 PM

Quote
Taproot would expand on Bitcoin’s smart contract flexibility, while offering more privacy in doing so. Even the most complex smart contracts would, on the blockchain, typically be indistinguishable from regular transactions.
https://bitcoinmagazine.com/articles/taproot-coming-what-it-and-how-it-will-benefit-bitcoin/

re-post to bring to the fore
"In a nutshell, the network works like a distributed timestamp server, stamping the first transaction to spend a coin. It takes advantage of the nature of information being easy to spread but hard to stifle." -- Satoshi
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JayJuanGee
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ESG, KYC & AML are attack vectors on Bitcoin


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May 06, 2019, 08:42:32 PM


I got another beauty: ETH changed his narrative from unstoppable Dapps into digital money. Tongue
Eth has that special little thing that it only shares with Bitcoin. It's been formally stated to not be a security by the US government.

Honestly eth isn't a shitcoin in my eyes.

Really? download the chain and run a local wallet. I'll wait a month and see if you have accomplished that.
Eh no issue in running a pruned node in Eth, I don't need to know the in between bullshit.

Yeah right.

The "in-between shit" is a whole lot of a BIGGER deal than the ETH pumpers (Aka bitcoin deniers) want to believe.  Believe in your centralized and insecure bullshit, and still try to rebrand it as if it were money...    Roll Eyes Roll Eyes
jbreher
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lose: unfind ... loose: untight


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May 06, 2019, 08:47:20 PM

Because in the fractional reserve banking system, the vast majority of the money that banks loan does not exist until the very moment the loan is made. It is the indebtedness itself that zaps the money into existence. As such, the 'principal' is something that the bank would not have to lend you (or to use for any other purpose), as that money does not even exist before the loan is made. The bank acts like this principal is their money that they are lending. But if it is the very act of borrowing it that zaps it into existence, was it really the bank's to begin with? (Of course not) Why could the borrower not zap it into existence themselves? Only because the bank has been granted under colour of law this exclusive ability to counterfeit new money into existence. And worse, when it is repaid, it is paid to the bank. Money that the bank did not have until the act of the loan zapped it into existence. And to add insult to injury, the bank not only gets this newly created money, they charge interest to the borrower for the privilege of being allowed to counterfeit this money into existence.

Bizarre, but it's the motherfuckin' truth.

Sure - if you can find a way to fix that, and allow for partial reserve banking, I'm willing to listen to your ideas. But if you're feeding me a turd that's been sprayed in gold paint, I ain't gonna go for that.

Response to yours lightfoot's post (omitted for space).

....

Do not get fooled by Jbrehers copy pasting tactics, this guy is fake.

^^^???
kingcolex
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May 06, 2019, 08:49:33 PM


I got another beauty: ETH changed his narrative from unstoppable Dapps into digital money. Tongue
Eth has that special little thing that it only shares with Bitcoin. It's been formally stated to not be a security by the US government.

Honestly eth isn't a shitcoin in my eyes.

Really? download the chain and run a local wallet. I'll wait a month and see if you have accomplished that.
Eh no issue in running a pruned node in Eth, I don't need to know the in between bullshit.

Yeah right.

The "in-between shit" is a whole lot of a BIGGER deal than the ETH pumpers (Aka bitcoin deniers) want to believe.  Believe in your centralized and insecure bullshit, and still try to rebrand it as if it were money...    Roll Eyes Roll Eyes
It's not money but the app side of eth that I see.

Btc is investing/money
Eth is apps/blockchain implementation for businesses.

Eth will get old school investors for POS but it won't ever be the better investment over btc.

I do day trade the pair as I don't mind if I get stuck with eth short term. I do mind getting stuck with almost anything else on the btc pair list.
jbreher
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May 06, 2019, 08:53:22 PM

Do not get fooled by Jbrehers copy pasting tactics, this guy is fake.
I am not under the impression that jbreher is of the copy/paste type.

Also that post was about banking in general and had nothing to do with BCash, Bitcoin, or disrupting the financial system.

Thanks for quoting it though, completely forgot about that.

Care to respond jbreher? Genuinely curious.

I dunno... respond to what?

Paashaas has once again charged in making a complete fool out of him/herself. Plagiarism? Is that the charge? Simply no. Composed in the moment by yours truly. If Paashaas wants to level such a charge, then let Paashaas find the source from whence this was supposedly copied. Of course, the effort will go unrewarded, as such a source existeth not.

I do have two fake teeth, though.

In closing, consider the source. Meaningful insights rendered by Paashaas? Any examples extant?
jbreher
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lose: unfind ... loose: untight


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May 06, 2019, 08:54:04 PM

The more moving parts the more things can go wrong. I continue to maintain that segwit and lightning was a mistake. Bigger blocks has the same net result and there are no new potential attack vectors. Or any confusion about how the heck it all works (which nobody had clear answers for when it was asked - a big fucking red flag in any situation).

ikr?
jbreher
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May 06, 2019, 08:54:58 PM

A horse has less moving parts than a Ferrari... 

False statement is false.
Hueristic
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Doomed to see the future and unable to prevent it


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May 06, 2019, 08:57:40 PM


I got another beauty: ETH changed his narrative from unstoppable Dapps into digital money. Tongue
Eth has that special little thing that it only shares with Bitcoin. It's been formally stated to not be a security by the US government.

Honestly eth isn't a shitcoin in my eyes.

Really? download the chain and run a local wallet. I'll wait a month and see if you have accomplished that.
Eh no issue in running a pruned node in Eth, I don't need to know the in between bullshit.

Let's see what happens when IF they release ETH classic, ETH ETH 2.0.

FTFY. Cheesy
LFC_Bitcoin
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1st licensed crypto casino; the future of gaming.


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May 06, 2019, 09:13:23 PM

#COMMONLeicester

Watching it right now Smiley

@LFC, Pamoldar, let it happen Smiley

What are the chances of Kompany doing that ever again?

We are cursed Sad

I’m going to bed, feeling really fucking sad.

HairyMaclairy
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May 06, 2019, 09:28:58 PM


Except you can easily run nodes being burried, I'd suggest a SBC with battery bank, and in a sealed off PVC with a gasket allowing a cable to a solar panel and a ham attena.

You don't even need nodes indoors in centralized locations.

Drop enough ordinance and your node can be distributed too
HairyMaclairy
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May 06, 2019, 09:34:32 PM

Wow I go into the jungle for four days with only a single phone charge and a flickering one bar 3G signal and come out to 40+ pages and $300 price hike.  Nice work guys - well done.  A mission to climb back to the tip of the thread but made it. 
HairyMaclairy
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May 06, 2019, 09:47:18 PM

Quote
Taproot would expand on Bitcoin’s smart contract flexibility, while offering more privacy in doing so. Even the most complex smart contracts would, on the blockchain, typically be indistinguishable from regular transactions.
https://bitcoinmagazine.com/articles/taproot-coming-what-it-and-how-it-will-benefit-bitcoin/

re-post to bring to the fore

Yeah that’s more than a 60 second skim.  Basically offchain smart contracts + fungibility/privacy.  Wonder if coloured coins will make a comeback.
Last of the V8s
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May 06, 2019, 10:08:26 PM

Burying some cryptosteels? Huh
El duderino_
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May 06, 2019, 10:18:51 PM

GOT, episode 4 finished, not gonna give any spoilers, but F*** why did that happened!!!!!

Into HODLsleep not to long from now .....
El duderino_
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May 06, 2019, 10:19:54 PM

#COMMONLeicester

Watching it right now Smiley

@LFC, Pamoldar, let it happen Smiley

What are the chances of Kompany doing that ever again?

We are cursed Sad

I’m going to bed, feeling really fucking sad.



That, I guess never.......... but F*** what a goal  Undecided

Still pity
Last of the V8s
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May 06, 2019, 10:25:44 PM

https://www.youtube.com/watch?v=CDH-vJx5Ong Vincent Kompany Goal
what a kunt
sorry lads
Hueristic
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May 06, 2019, 10:46:18 PM

https://www.youtube.com/watch?v=CDH-vJx5Ong Vincent Kompany Goal
what a kunt
sorry lads

Holy shit that was ridiculous.
El duderino_
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May 06, 2019, 10:49:33 PM

https://www.youtube.com/watch?v=CDH-vJx5Ong Vincent Kompany Goal
what a kunt
sorry lads

Holy shit that was ridiculous.

It was an awesome goal for a “non” striker.... but especially the importance and timing for him and that team, but man I hate it....
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May 06, 2019, 10:53:03 PM

GOT, episode 4 finished, not gonna give any spoilers, but F*** why did that happened!!!!!

Into HODLsleep not to long from now .....

i read something earlier here today.. please no GOT spoilers... i´m watching E4 tonight  Lips sealed Lips sealed Lips sealed

btw, i saw Homeland S7 this weekend.. they mentioned bitcoin when Carrie´s laptop was infected with a ransomware..  Embarrassed

I hope one day our beloved coin will be named in a positive way
fillippone
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May 06, 2019, 11:02:24 PM
Last edit: May 06, 2019, 11:25:13 PM by fillippone

Quote
Taproot would expand on Bitcoin’s smart contract flexibility, while offering more privacy in doing so. Even the most complex smart contracts would, on the blockchain, typically be indistinguishable from regular transactions.
https://bitcoinmagazine.com/articles/taproot-coming-what-it-and-how-it-will-benefit-bitcoin/

re-post to bring to the fore
Adding this source:

https://www.coindesk.com/new-bips-hint-at-upcoming-taproot-bitcoin-soft-fork

The more you build on bitcoin the more it is difficult to change the protocol.
With L2 solution (LN and  Liquid) being more and more widespread, and L3 solutions over the horizon (see my monthly recap) I guess those are the last possible chances to get something done at protocol level.
Protocol immutability is a feature, not a bug.
Nobody in her right mind would change the TCP/IP and Bitcoin is the TCP/IP of the internet money.
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