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

[HairyMaclairy]

Two Miners Purportedly Execute 51% Attack on Bitcoin Cash Blockchain

https://cointelegraph.com/news/two-miners-purportedly-execute-51-attack-on-bitcoin-cash-blockchain

Jbear will be along shortly to explain why 51% attacks are an important feature of BCH

[realr0ach]

F*** dammit one last thing, my GF booked a resto for tomorrow “VEGAN” just to try it .......

Not looking forward to go but F*** we gotta try everything I guess

The r0ach prophecies - 100% success rate.

[bones261]

Two Miners Purportedly Execute 51% Attack on Bitcoin Cash Blockchain

https://cointelegraph.com/news/two-miners-purportedly-execute-51-attack-on-bitcoin-cash-blockchain

Jbear will be along shortly to explain why 51% attacks are an important feature of BCH

Yes, it's not an 51% attack. It's Nakamoto Consensus in action.   Interesting that from the brief read that I did, they need Nakamoto consensus to overcome a bug in the code?  

[realr0ach]

This is one of the strangest things I've ever seen.  There's a woman in an Asian country with everyone driving mopeds and she stops in the middle of some enormously busy 3-4 lane road and starts casually browsing the internet causing traffic to grind to a halt.  People tell her to move and she just looks at them with some Japanese horror movie looking face.  It's like the M. Night Shyamalan movie The Happening.

https://www.reddit.com/r/MGTOW/comments/bshzkd/entitlement_of_woman_has_reached_asia_as_well/

Not sure if this is some type of mental illness or if the gene that makes women believe the world revolves around them is greater expressed in different specimens.  Might also have something to do with the fact that it seems like mentally ill males all seem to have the book thrown at them for whatever abnormal things they do and wind up in prison, while all the mentally ill women are running around free range and given a free pass to do whatever. There's a bi-polar test that seemed to work fine on men, but when used on women, enormous amounts of them tested as bi-polar, far higher than men, so the system just rigged the test to claim women can't be insane.

[realr0ach]

Those are not different "market cycles".  The only thing shown in that picture is a single pump and dump fueled by Tether fraud.  They would say "oh, it appears there are still greater fools willing to buy these imaginary, valueless tokens after we just rigged the price by fraud.  Let's do it again!  And again! And Again!  Oh, nobody buying at $20k.  Let's pause the scam for a bit."  

An unknowledgable person might attempt to claim the rise off $3000 started a new market cycle, except for the fact there was never any reversion to pre-fraud trading - Tethers still exist, the market rigging never actually stopped or imploded, and the same non-aggregate entity that rigged it up is still controlling it as we speak.  Whether that entity is some Chinese scammers like Zhao Dong, Bitmain, or the ESF itself, it's all the same difference.  It's a toxic waste, Pets.com, artificial bubble market.

[lightfoot]

I have had some great vegetarian Indian dishes ... no way Indian is vegan though ... but so delicious I could learn to live without meat with great Indian takeaway nearby.

For me it's Ethiopian. My GF is Veg (and tastes really good) and to be honest even as a meat eater I could live on veg Ethiopian food. Kitfo is delicious but the veg options are varied and quite tasty.

[GreatArkansas]

@Rythmtrader

[infofront]

via Imgflip Meme Generator

A friend just send me this.... who’s in ?? lol what a bunch of idiots....

Again good night

I'm in, if Carlos Matos is back in.

[infofront]

BAN CRYPTOCURRENCY

https://davidgerard.co.uk/blockchain/2019/05/24/facebooks-globalcoin-why-are-they-doing-it-as-a-cryptocurrency/

We choose to expel the Jews and to do these other things, not because they are easy, but because they are hard.

But do we choose to expel r0ach?

[realr0ach]

BAN CRYPTOCURRENCY

https://davidgerard.co.uk/blockchain/2019/05/24/facebooks-globalcoin-why-are-they-doing-it-as-a-cryptocurrency/

We choose to expel the Jews and to do these other things, not because they are easy, but because they are hard.

But do we choose to expel r0ach?

In Jewish controlled America, Trump expel you:

https://dailystormer.name/trump-hits-his-supporter-julian-assange-with-many-more-charges-plans-to-give-him-life-in-prison/

[HairyMaclairy]

BAN CRYPTOCURRENCY

https://davidgerard.co.uk/blockchain/2019/05/24/facebooks-globalcoin-why-are-they-doing-it-as-a-cryptocurrency/

We choose to expel the Jews and to do these other things, not because they are easy, but because they are hard.

But do we choose to expel r0ach?

But that would be easy, not hard

[fabiorem]

How much I regret myself from not having bought bitcoin earlier! Should have bought in 2013, it was so cheap!

Why, I could have been a whale today and have enough output to buy a big stash of this new facebook coin, just to dump it some days later with extreme prejudice. Could even conspire with some other whales to bring facebook down by coordinated dumps, it would be amazing. If I could only travel back in time...

[Hueristic]

Two Miners Purportedly Execute 51% Attack on Bitcoin Cash Blockchain

https://cointelegraph.com/news/two-miners-purportedly-execute-51-attack-on-bitcoin-cash-blockchain

Jbear will be along shortly to explain why 51% attacks are an important feature of BCH

He already did when I told him SV was ripe for an attack on Wednsday Jbearday.

[HairyMaclairy]

Took our first steps toward energy independence today with a Tesla Powerwall.

We can now go completely off grid if we watch our electricity consumption a bit at night.  That said it is better to stay connected because we produce too much during the day and need to sell it to the grid.  

Production is down today as cloudy but we are still exporting 3kwh right now having fully charged the Powerwall during the morning.  The stored charge should take us through the evening and most of the night.



Next step will be an electric car so we can stop buying gas.  We will keep an SUV for occasional long distance trips but we want to build the capacity to be completely independent on a day to day basis.

[nutildah]

Facebook coin will most probaly a stable coin pegged to the USD, so chances of an amazing p&d is probaly small

Thus im seeing it more as a great oppurtinity for global adoption of crypto currency in general.

This is correct, its meant to be a stablecoin, and I don't think it will even be blockchain-based from what I read. Still, it is a digital money, so it could lead to further introduction of peeps to bitcoin.

[Syke]

Took our first steps toward energy independence today with a Tesla Powerwall.

Jelly!

[nutildah]

https://www.youtube.com/watch?v=ubPhprQfQKE&feature=youtu.be&t=23566
Tone Vays and Roger Ver section of Malta Blockchain Summit 2019 - Live Stream

They get into a pissing match about transaction fees. Roger says that you have to spend $3 for a BTC transaction fee, which makes it impractical for sending $5 worth of BTC... Vays says he hasn't paid more than a dollar for a fee in the last 9 months. He ends up sending Roger $5 of BTC with a 1 cent fee. Roger says if it confirms in the next 24 hours he'll donate $10,000 to Vays' charity of choice. It confirms in 10 hours.

Wonder if Roger held up his promise...

[Retina]

SHORT
Bitcoin VS Coca Cola - Trend Analysis. Dump soon..?

Today we decided to compare crpyto and stock markets. On the image above you can see a Bitcoin chart and the Coca-Cola company chart. The similarity is very obvious, very pity that nothing really unifies them. There are only two similarities: both are assets and, what is more important, both currencies trade people.

The value of Coca-Cola stocks depends on the demand for this company. Let me give you an example. In 2007, Coca-Cola bought a fresh factory in Russian, Moscow (capital city). This action led to a growth in stocks, as the company started covering a large part of the region and began to produce more product, thereby increased profits. However, at the end of 2007, workers of this factory started organizing strikes because Coca-Cola reduced their salaries. The productivity of this factory has decreased, and because of the fact that this factory was the only way for the company to develop in the region, the outflow of funds from the company increased and the stock price began to decline.

If we talk about Bitcoin , the growth of its price can start after the SEC approves ETF. This HUGE event will lead to an increase of the crypto popularity, thereby to an increase of crypto currencies price, mainly of Bitcoin . As you know, the decision about ETF was postponed, due to this nasty fact, the market phase changed from a growth to consolidation, the same price behaviour we can see on the Coca Cola chart. The ETF postponement means an outflow of funds from the crypto-market for a number of reasons:
1. It is early to invest because it is not reliable yet.
2. People fix profits, as there will be no bullrun yet.
3. People fix profits as they will be able to buy back for a lower price

And now we have to take a look at the charts of these currencies. Oscillators follow the same line, the price is a little bit different during some moments, but it is absolutely normal, as it goes inside all major patterns and channels. We can see the identity of up and down trends. The most striking things are the identity of charts after falling: consolidations at the lowest points, a massive pump which led to the breakout of the strong resistance. The drop of Coca-Cola stocks began falling because of almost the same reasons with Bitcoin . Assets are very similar and it would be foolish to deny this fact.

Source: https://www.tradingview.com/chart/BTCUSD/mHUJBWri-Bitcoin-VS-Coca-Cola-Trend-Analysis-Dump-soon/

[serveria.com]

SHORT
Bitcoin VS Coca Cola - Trend Analysis. Dump soon..?

Today we decided to compare crpyto and stock markets. On the image above you can see a Bitcoin chart and the Coca-Cola company chart. The similarity is very obvious, very pity that nothing really unifies them. There are only two similarities: both are assets and, what is more important, both currencies trade people.

The value of Coca-Cola stocks depends on the demand for this company. Let me give you an example. In 2007, Coca-Cola bought a fresh factory in Russian, Moscow (capital city). This action led to a growth in stocks, as the company started covering a large part of the region and began to produce more product, thereby increased profits. However, at the end of 2007, workers of this factory started organizing strikes because Coca-Cola reduced their salaries. The productivity of this factory has decreased, and because of the fact that this factory was the only way for the company to develop in the region, the outflow of funds from the company increased and the stock price began to decline.

If we talk about Bitcoin , the growth of its price can start after the SEC approves ETF. This HUGE event will lead to an increase of the crypto popularity, thereby to an increase of crypto currencies price, mainly of Bitcoin . As you know, the decision about ETF was postponed, due to this nasty fact, the market phase changed from a growth to consolidation, the same price behaviour we can see on the Coca Cola chart. The ETF postponement means an outflow of funds from the crypto-market for a number of reasons:
1. It is early to invest because it is not reliable yet.
2. People fix profits, as there will be no bullrun yet.
3. People fix profits as they will be able to buy back for a lower price

And now we have to take a look at the charts of these currencies. Oscillators follow the same line, the price is a little bit different during some moments, but it is absolutely normal, as it goes inside all major patterns and channels. We can see the identity of up and down trends. The most striking things are the identity of charts after falling: consolidations at the lowest points, a massive pump which led to the breakout of the strong resistance. The drop of Coca-Cola stocks began falling because of almost the same reasons with Bitcoin . Assets are very similar and it would be foolish to deny this fact.

A load of BS! There will be a dump because some random stock did it at some random time? WTF? I already asked to not post such TAs here why do you do it?

[JSRAW]

SHORT
Bitcoin VS Coca Cola - Trend Analysis. Dump soon..?

Today we decided to compare crpyto and stock markets. On the image above you can see a Bitcoin chart and the Coca-Cola company chart. The similarity is very obvious, very pity that nothing really unifies them. There are only two similarities: both are assets and, what is more important, both currencies trade people.

The value of Coca-Cola stocks depends on the demand for this company. Let me give you an example. In 2007, Coca-Cola bought a fresh factory in Russian, Moscow (capital city). This action led to a growth in stocks, as the company started covering a large part of the region and began to produce more product, thereby increased profits. However, at the end of 2007, workers of this factory started organizing strikes because Coca-Cola reduced their salaries. The productivity of this factory has decreased, and because of the fact that this factory was the only way for the company to develop in the region, the outflow of funds from the company increased and the stock price began to decline.

If we talk about Bitcoin , the growth of its price can start after the SEC approves ETF. This HUGE event will lead to an increase of the crypto popularity, thereby to an increase of crypto currencies price, mainly of Bitcoin . As you know, the decision about ETF was postponed, due to this nasty fact, the market phase changed from a growth to consolidation, the same price behaviour we can see on the Coca Cola chart. The ETF postponement means an outflow of funds from the crypto-market for a number of reasons:
1. It is early to invest because it is not reliable yet.
2. People fix profits, as there will be no bullrun yet.
3. People fix profits as they will be able to buy back for a lower price

And now we have to take a look at the charts of these currencies. Oscillators follow the same line, the price is a little bit different during some moments, but it is absolutely normal, as it goes inside all major patterns and channels. We can see the identity of up and down trends. The most striking things are the identity of charts after falling: consolidations at the lowest points, a massive pump which led to the breakout of the strong resistance. The drop of Coca-Cola stocks began falling because of almost the same reasons with Bitcoin . Assets are very similar and it would be foolish to deny this fact.

Retina, bro you might want to add source too in your post. I remember someone pointing out to you here.

Interesting bullish commentary, Retina. But where/who is it from? Please do attribute your quotes.