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

[realr0ach]

OT but interesting all the same -

Radix DLT - 10 years of Bitcoin history, replayed in under 30 minutes

Peak 1million + tps

https://www.reddit.com/r/CryptoCurrency/comments/bzrqru/radix_dlt_10_years_of_bitcoin_history_replayed_in/

What about the whole part that since it's not a blockchain, it's some sort of ultra-fragile, steady state system with no state recovery prone to catastrophic implosion?  I suppose it could be useful as a payment processor, but not for actual settlement purposes.  As in transferring around IOUs at high speed for who owes who physical metals, but no settlement has actually occurred until the metals are physically moved and arrive in your hand.

[Globb0]

That's more like it. I think Theymos did a good job.

TL;DR Trust for trades, flags for marking jerks. Good.

The prime example that the merit system is a joke and serves no purpose is the fact JayJuanGee has a high level of merit.  None of those systems promote any honest or factual level of discourse.  All it is is someone posts "HURRR Bitcoin will go to $5 trillion each by tomorrow" then waves of mindless scammers give him +merit.  Things like merit, flags, and everything else are then nothing more than gauging who is most heavily pump and dump shilling.  This is why people like Trollgoossens have high merit as well, for doing nothing more than pump and dump shilling.

Haha sour grapes if its so easy where is all your merit? about 12 merits some suckers gave you. Now youre all upset.

Id say that's working pretty well.

(sorry all)

[Hueristic]

Damn Dorian, I knew he was up to something!


....really, Craig for me is not even in the first page...

Possibly regional, language? I checked 2 different proxies.

HERE.

https://us.hideproxy.me/go.php?u=YLY5GdPDYj5yzpF%2F%2FqjKFT%2F2bA4RDaU1jg%3D%3D&b=5

(you may have to manually enter "satoshi")

It's second now. Also it's under top stories which defaults to top of page afaik.



In other news

This is some cool shit guys. I know ETH sucks but the project is Doge community doing it for Shits and Grins.

The Doge-Ethereum art project
https://medium.com/truebit/enter-the-rabbit-hole-the-doge-ethereum-art-project-31e8116043c4


EDIT:

YUP DE proxy gives different results.

https://de.hideproxy.me/go.php?u=IPFYHpukBsgfqqehBpJThMuQ8ZHne0Heyg%3D%3D&b=5

[serveria.com]

jonoiv is going to be well pissed. Watch out!

Based on that and other TA and oppinions I've seen, looks like 2 more years of the bear market.  $2600 best case scenario or lower probable bottom.

If there is no TA, wh not try a meme

Why provide a TA to a permabear troll?   Your only TA is BTC going to zero!

Obviously not a permabear if i held bitcoin for periods of my time here.   And im sure it's not going to 0, like i said my estimate is $2600 , late 2019 or 2020, but remember it did hit $1.50 in June 2017 on bitstamp  .


EDIT: june 2016

Not a permabear? Last time you claimed you also did bullish predictions before and I asked you to provide some quote/proof of that. My question was ignored. I remember this bearwhale troll forgot to logout and relogin under his other account on bitcointalk and started discussing things with himself  obviously bought or stolen legendary account with fake merit etc... let go the bears lost the fight stop dreaming about 2.5k prices. The best thing you could do is buy now @~8k which is still dirt cheap for BTC

[realr0ach]

buy now @~8k which is still dirt cheap for BTC

On what planet is $8000 "cheap" for an imaginary, valueless timestamp?  Even $1 is expensive for a timestamp.  Their shtick is that the timestamps are somehow limited and you must act now to get one!  But it's artificial scarcity that can be replicated infinitely by just forking or creating a new coin.  Not to mention it's all just a scam to try and distract people from physical metals and bait and switch them into a cashless society slavery system.

[JayJuanGee]

remember it did hit $1.50 in June 2017 on bitstamp  .

Say what now?

My mistake june 2016

You retarded if you really conclude that a downward BTC price spike like that on one exchange and with little to no lasting effect has any kind of significant meaning beyond capturing a snapshot of a liquidity problem on one exchange for one moment in time....   You Goofball.  

[HairyMaclairy]

Latest spy shots of the all electric, 592 bhp, 664 lb ft, Porsche Taycan (formerly known as Mission E).  Want.  



https://www.evo.co.uk/porsche/17091/2019-porsche-taycan-nears-production-all-the-details-on-stuttgart-s-tesla-model-s

[Anon136]

buy now @~8k which is still dirt cheap for BTC

On what planet is $8000 "cheap" for an imaginary, valueless timestamp?  Even $1 is expensive for a timestamp.  Their shtick is that the timestamps are somehow limited and you must act now to get one!  But it's artificial scarcity that can be replicated infinitely by just forking or creating a new coin.

You are kind of right but you look at the problem from the wrong angle.

The world needs good money. It NEEDS it. Fiat is not it. Fiat is awful in every way. Gold and silver are pretty good in some situations but just plain worthless when it comes to digital commerce. If someone could just invent teleporters then gold and silver would be so great, but alas. So that leaves what? Private issuance currencies and decentralized digital currencies. Private issuance currencies have been demonstrated to be too fragile (I'm looking at you liberty dollar). So now we are left with one. Decentralized digital currency. The problem with those are exactly what you pointed out above. But there are no other options. Its all we have left.

So what if we could solve that problem with a collective delusion. A collective delusion not dissimilar to what gives fiat money value. What if we could all just agree that bitcoin is special because we need it to be special. Well anyone can fork bitcoin but those forks tend to have no value. You could argue that bitcoin in its current form IS a fork but that's okay, it has a pretty good consensus. As long as that consensus doesn't fracture too much we can keep this delusion going. IF we could keep this delusion, the one that says "bitcoin is special because we need it to be special", going that would be wonderful for global commerce and wellbeing, and so far we have been able to do it.

Keep it up lads, we've done it for 10 years so far, here's to another 10 and maybe another 100 after that.

[Hueristic]

You retarded if you really conclude that a downward BTC price spike like that on one exchange and with little to no lasting effect has any kind of significant meaning beyond capturing a snapshot of a liquidity problem on one exchange for one moment in time....   You Goofball.  

And creating some Lucky Bastards!

I don't mind admitting I'm jelly of them.

[LFC_Bitcoin]

Latest spy shots of the all electric, 592 bhp, 664 lb ft, Porsche Taycan (formerly known as Mission E).  Want.  



https://www.evo.co.uk/porsche/17091/2019-porsche-taycan-nears-production-all-the-details-on-stuttgart-s-tesla-model-s

You’ll be able to buy one of them with 0.1BTC in 2021 & still have change

[jonoiv]

remember it did hit $1.50 in June 2017 on bitstamp  .

Say what now?

My mistake june 2016

You retarded if you really conclude that a downward BTC price spike like that on one exchange and with little to no lasting effect has any kind of significant meaning beyond capturing a snapshot of a liquidity problem on one exchange for one moment in time....   You Goofball.  

Goofball... :D:D

where are you from ? HappyDays  are you really fonzie with a new username?

More importantly why do you get the thread edited all the time and delete important quotes to try and prove a point that isn't there.  

Tell me why do my posts, that include your quotes from the past get edited?  

Vast numbers of the say [edited out]

Is it because you're full of shit?

[fabiorem]

You could argue that bitcoin in its current form IS a fork but that's okay, it has a pretty good consensus. As long as that consensus doesn't fracture too much we can keep this delusion going. IF we could keep this delusion, the one that says "bitcoin is special because we need it to be special", going that would be wonderful for global commerce and wellbeing, and so far we have been able to do it.

About these forking issues, the majority of bitcoin miners have signalled Segwit in 2017. I dont believe they will leave the consensus they agreed upon, and if they do, I believe they will warn it first.

Money is based on consensus, without consensus there is no money.

[HairyMaclairy]

Fractal says we are looking pretty comfortable

[HairyMaclairy]

You could argue that bitcoin in its current form IS a fork but that's okay, it has a pretty good consensus. As long as that consensus doesn't fracture too much we can keep this delusion going. IF we could keep this delusion, the one that says "bitcoin is special because we need it to be special", going that would be wonderful for global commerce and wellbeing, and so far we have been able to do it.

About these forking issues, the majority of bitcoin miners have signalled Segwit in 2017. I dont believe they will leave the consensus they agreed upon, and if they do, I believe they will warn it first.

Money is based on consensus, without consensus there is no money.

Miner signalling isn’t worth shit because it doesn’t represent economic consensus.  The users have the real power.  BCH is worth bugger all despite Bitmain support because miners have no power.  


Also Anon136 needs to learn the difference between a hard and soft fork. 

[Anon136]

You could argue that bitcoin in its current form IS a fork but that's okay, it has a pretty good consensus. As long as that consensus doesn't fracture too much we can keep this delusion going. IF we could keep this delusion, the one that says "bitcoin is special because we need it to be special", going that would be wonderful for global commerce and wellbeing, and so far we have been able to do it.

About these forking issues, the majority of bitcoin miners have signalled Segwit in 2017. I dont believe they will leave the consensus they agreed upon, and if they do, I believe they will warn it first.

Money is based on consensus, without consensus there is no money.

Miner signalling isn’t worth shit because it doesn’t represent economic consensus.  The users have the real power.  BCH is worth bugger all despite Bitmain support because miners have no power.  


Also Anon136 needs to learn the difference between a hard and soft fork. 

HairyMclairy needs to learn that both hard and soft forks are a subset of the only word I used in my post relating to any kind of fork, which was the word fork.

[jonoiv]

You retarded if you really conclude that a downward BTC price spike like that on one exchange and with little to no lasting effect has any kind of significant meaning beyond capturing a snapshot of a liquidity problem on one exchange for one moment in time....   You Goofball.  

And creating some Lucky Bastards!

I don't mind admitting I'm jelly of them.

Of course,  but why did he edit out the orginal quote?  then basically go on a tangent, that was nothing to do with the orinal reason?

Why do tons of JJG quotes from the past now read [EDITED OUT]

Strange he claims to be geniune, but yet all his past "predictions" fall flat and he needs to cover his arse with smoke and mirrors.  

I said I think the bottom will be arround $2600 and I stand by it.    Some troll said I said the price will go to 0.  I never said that 0 is going to happen but pointed out it's not impossible for prices to touch arround that that,  like last week the same thing happened on Kracken with BTC/CAD.

 

[HairyMaclairy]

You could argue that bitcoin in its current form IS a fork but that's okay, it has a pretty good consensus. As long as that consensus doesn't fracture too much we can keep this delusion going. IF we could keep this delusion, the one that says "bitcoin is special because we need it to be special", going that would be wonderful for global commerce and wellbeing, and so far we have been able to do it.

About these forking issues, the majority of bitcoin miners have signalled Segwit in 2017. I dont believe they will leave the consensus they agreed upon, and if they do, I believe they will warn it first.

Money is based on consensus, without consensus there is no money.

Miner signalling isn’t worth shit because it doesn’t represent economic consensus.  The users have the real power.  BCH is worth bugger all despite Bitmain support because miners have no power.  


Also Anon136 needs to learn the difference between a hard and soft fork.  

HairyMclairy needs to learn that both hard and soft forks are a subset of the only word I used in my post relating to any kind of fork, which was the word fork.

Then don’t say that it is “arguable” that Bitcoin is a [soft]fork when it is a fact that Bitcoin has soft forked by consensus at least 18 times, and soft forked by orphaned blocks probably thousands of times.  

[P_Shep]

'unpatchable' trezor news incoming ??
?? hands-on needed as ever

https://twitter.com/al_maisan/status/1137670508474974208
https://www.youtube.com/watch?v=DqhxPWsJFZE in the middle apparently
https://blog.trezor.io/our-response-to-ledgers-mitbitcoinexpo-findings-194f1b0a97d4 - unsatisfacory

Really are a couple of school kids, Trezor and Ledger.
*Blows raspberry*
*Pulls hair*

[Anon136]

You could argue that bitcoin in its current form IS a fork but that's okay, it has a pretty good consensus. As long as that consensus doesn't fracture too much we can keep this delusion going. IF we could keep this delusion, the one that says "bitcoin is special because we need it to be special", going that would be wonderful for global commerce and wellbeing, and so far we have been able to do it.

About these forking issues, the majority of bitcoin miners have signalled Segwit in 2017. I dont believe they will leave the consensus they agreed upon, and if they do, I believe they will warn it first.

Money is based on consensus, without consensus there is no money.

Miner signalling isn’t worth shit because it doesn’t represent economic consensus.  The users have the real power.  BCH is worth bugger all despite Bitmain support because miners have no power.  


Also Anon136 needs to learn the difference between a hard and soft fork.  

HairyMclairy needs to learn that both hard and soft forks are a subset of the only word I used in my post relating to any kind of fork, which was the word fork.

Then don’t say that it is “arguable” that Bitcoin is a [soft]fork when it is a fact that Bitcoin has soft forked by consensus at least 18 times, and soft forked by orphaned blocks probably thousands of times.  

Yea okay. You can have consensus problems over soft or hard forks. Dur. But I'll tell you what, you have fun playing in the weeds and ignoring the point of my post. I'll be moving on now.

[HairyMaclairy]

Stone Age stoners

https://advances.sciencemag.org/content/5/6/eaaw1391.full

Abstract
Cannabis is one of the oldest cultivated plants in East Asia, grown for grain and fiber as well as for recreational, medical, and ritual purposes. It is one of the most widely used psychoactive drugs in the world today, but little is known about its early psychoactive use or when plants under cultivation evolved the phenotypical trait of increased specialized compound production. The archaeological evidence for ritualized consumption of cannabis is limited and contentious. Here, we present some of the earliest directly dated and scientifically verified evidence for ritual cannabis smoking. This phytochemical analysis indicates that cannabis plants were burned in wooden braziers during mortuary ceremonies at the Jirzankal Cemetery (ca. 500 BCE) in the eastern Pamirs region. This suggests cannabis was smoked as part of ritual and/or religious activities in western China by at least 2500 years ago and that the cannabis plants produced high levels of psychoactive compounds.