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Question: What happens first:
New ATH - 43 (69.4%)
<$60,000 - 19 (30.6%)
Total Voters: 62

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26387213 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. (174 posts by 3 users with 9 merit deleted.)
Hueristic
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August 09, 2019, 05:42:22 AM
Merited by fillippone (1)




source: howmanyconfs.com

FYI, this is a worthless metric.

Could you elaborate more on this?
I strongly disagree as the security implied in Bitcoin (ledger costliness) is one of the main value proposition for bitcoin imho.

Who would Store Value on an insecure blockchain?




Sorry it took me soo long, I've been under alot of pressure lately and when I have a little time I just didn't feel like doing the search. Wink

Quote
These metrics are measuring "work done", not security.

More "work done" doesn't necessarily mean "more security".

For example take the following two blockchains:

    Bitcoin Cash (SHA-256 @ 2 PH/s) or ($5/s)
    Zcash (Equihash @ 4 GH/s) or ($3/s)

https://github.com/lukechilds/howmanyconfs.com
Totscha
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August 09, 2019, 06:47:08 AM
Merited by Phil_S (1)

I can't believe I'm going to say this, but... I'd love to hear our resident Nazi's take on this article: https://www.coindesk.com/israeli-cryptocurrency-traders-locked-out-of-banking-system-report

It really supports his claim of how the jews are backing bitcorn to steal all your precious gold Cheesy
fillippone
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August 09, 2019, 07:48:49 AM

[snip]

Sorry it took me soo long, I've been under alot of pressure lately and when I have a little time I just didn't feel like doing the search. Wink

Quote
These metrics are measuring "work done", not security.

More "work done" doesn't necessarily mean "more security".

For example take the following two blockchains:

    Bitcoin Cash (SHA-256 @ 2 PH/s) or ($5/s)
    Zcash (Equihash @ 4 GH/s) or ($3/s)

https://github.com/lukechilds/howmanyconfs.com



Thank you very much.
Appreciated and digging into that.
I would send more merits, but  I am running sooo low atm.
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August 09, 2019, 08:04:55 AM
Merited by LFC_Bitcoin (1)

Good morning WO’s

https://youtu.be/RkeBVoAhRLA
^
Check out this video, why would someone be this acknowledgeable and Then pretend of never heard of BTC before Roll Eyes
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August 09, 2019, 08:22:48 AM
Merited by mindrust (1), 600watt (1)

What I expected:

I'm expecting a bit of sideways this week.




what actually happened:




now what... Smiley

crazy pump soon? Smiley
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August 09, 2019, 09:34:15 AM

What I expected:

I'm expecting a bit of sideways this week.




what actually happened:




now what... Smiley

crazy pump soon? Smiley

3...2...1... Wait for it... CCFM!
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August 09, 2019, 09:38:21 AM

Good morning WO
Observing @ $11,740

We are still strong!
fillippone
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August 09, 2019, 10:07:39 AM

It's an old news, but I didn't see it mentioned here.

The ‘Vault’ Is Back: Coder Revives Plan to Shield Bitcoin Wallets from Theft


Quote
“Vaults are particularly interesting as a bitcoin cold storage security mechanism because they enable a publicly observable delay period during which time a user could be alerted by a “watchtower” that a thief might be in the process of stealing their coins.”
Quote

“The idea is to have a sequence of pre-generated pre-signed transactions that are generated in a certain way. The basic components are a vaulting transaction that locks coins into a vault, a delayed-spend transaction which is the only way to spend from a vault, and a re-vaulting transaction which can recover/clawback coins from the delayed-spend transaction.”
So, it's something like a multisig, n-block timed transaction if i understnd it right.

Intresting as it it a very effective increased security for HODLERS.
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August 09, 2019, 10:14:16 AM

It really supports his claim of how the jews are backing bitcorn to steal all your precious gold Cheesy

Not quite what you were hoping for, but here's a roundabout way jews are taking bitcoin from nazis:

https://www.nbcnews.com/news/us-news/neo-nazi-website-founder-owes-14-million-woman-he-urged-n1040671

given that the website in question runs mainly on bitcoin donations (or at least it did at one point).

I hope Bernie Sanders becomes the next U.S. president just to make all the anti-semitics go even more beserk than they already are. Every time a racist idiot realizes they're a failure at life, they just blame the jews. Seems to be a lot of them these days. If you're an American, you have the advantage of blaming either the mexicans or the jews. I wonder who the Israelis blame... probably Palestinians.
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August 09, 2019, 10:20:42 AM
Merited by JayJuanGee (1), mindrust (1), 600watt (1), Phil_S (1)

For me August is perhaps the most stable month regarding the price. After the bull runs and the following corrections are gone, the price stabilizes as close to the real sustainable price as possible. For that reason, I've made a small table of the prices on 9th August for the last years and a prediction for the following 2 years.

Aug 9 2015 - $260
Aug 9 2016 - $589 (2.26x increase comapared to the previous year)
Aug 9 2017 - $3 400 (5.77x increase comapared to the previous year)
Aug 9 2018 - $6 500 (1.91x increase comapared to the previous year)
Aug 9 2019 - $12 000 (1.84x increase comapared to the previous year)
Aug 9 2020 - estimate $24 000 (2x increase comapared to the previous year)
Aug 9 2021 - estimate between $48 000 and $138 000 (between 2x and 5.77x increase comapared to the previous year)
BitcoinGirl.Club
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August 09, 2019, 10:36:49 AM

Guys, anyone up for this: BitcoinTalk's 2019 Premier League and Champions League Pool Sign Up Thread
Time is running up. Hurry!
The fund already have 0.0819BTC. Be a part of it.

And this is what hilariousetc says,
It will have 0.1 in it once the sponsorship money comes in. First game is tonight so if anyone wants to join you don't have long left. Only 0.0025 to play and all money is split between the top 5 winners.

Come on EPL!
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August 09, 2019, 10:50:52 AM
Last edit: August 09, 2019, 05:19:40 PM by LFC_Bitcoin
Merited by Globb0 (5), BitcoinGirl.Club (2), cAPSLOCK (1), Paashaas (1), nutildah (1), El duderino_ (1), AlcoHoDL (1), JSRAW (1), fillippone (1), ivomm (1), _javi_ (1)

LFC_Bitcoin & micgoossens - Amsterdam

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August 09, 2019, 11:01:30 AM

Here's Donald posing with a baby orphaned in the recent shootings.

Behold the power of positivity.



Things never seem so bad with a big smile and a thumbs up.
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August 09, 2019, 11:12:08 AM
Merited by jojo69 (1)

LFC_Bitcoin & micgoossens - Amsterdam



Having a good time, first thing we see after 5 minutes walking

A bitcoin shop

Cheesy
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August 09, 2019, 11:21:32 AM

LFC_Bitcoin & micgoossens - Amsterdam



Having a good time, first thing we see after 5 minutes walking

A bitcoin shop

Cheesy

How comes there's anyone from the forum running that shop?
I would expect a reverse angle form behind the shop counter :"Look who's taking a picture outside my shop!!"
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what is this "brake pedal" you speak of?


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August 09, 2019, 11:29:40 AM
Last edit: August 09, 2019, 12:12:00 PM by vapourminer
Merited by JayJuanGee (1)


Dude. 16th Amendment, followed by the Revenue Act of 1913?

[...]
Quote
The Congress shall have power to lay and collect taxes on incomes, from whatever source derived, without apportionment among the several States, and without regard to any census or enumeration.

I agree with you on income, but that law/amendment does not say anything about capital gains.


meh. i treat capitol gains as a kind of income (as in money i did not have, not income according to the irs definition which seems to be concerned with wages.. but i could be wrong). its just calculated differently from regular income.

yeah it sucks and i disagree with what a lot of the tax pays for. but one entity i have no wish to get on the wrong side of is the irs. they are power like no other. they dont need any lawful reasons like probable cause to simply seize your property and money (right out of the banks and other institutions you keep your wealth in -  they use civil forfeiture and garnish wages) with no legal basis aside from "we feel like it". pretty sure there a lot of other laws they can more or less disregard at will. they have that status apparently because they are so trustworthy and never make mistakes.  /s  <-- added the /s just in case people think i am totally brainwashed into being a sheeple.

but taxes? look i will mess with cops more or less with impunity. i will even mess with the military (very carefully). ive even messed with judges (well very very carefully indeed.. judges have zero sense of humor) but the IRS?? no way. with them its by the book.. well as far as my cpa can figure it out.

it sure would fucking help though if the IRS would finally came out with some actual guidelines and rules instead of this waffling that leaves all us honest folks wondering wtf theyre doing.
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August 09, 2019, 11:38:46 AM

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Good to see that both of you guys don't need any specific reason (100k party) to bumping with each other more often. Cheers guys

Mic makes sure you are not spoiling LFC Wink. WO can't handle 2 Doods peeing together and taking pics, then posting here. Grin Grin

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August 09, 2019, 11:52:02 AM
Merited by Globb0 (5), mindrust (1)

LFC_Bitcoin & micgoossens - Amsterdam



Good to see that both of you guys don't need any specific reason (100k party) to bumping with each other more often. Cheers guys

Mic makes sure you are not spoiling LFC Wink. WO can't handle 2 Doods peeing together and taking pics, then posting here. Grin Grin



via Imgflip Meme Generator

This is how WO Role

First drink at 14.00h and jenever to follow Cheesy
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August 09, 2019, 11:58:37 AM

LFC_Bitcoin & micgoossens - Amsterdam



Wow great pic guys +1wo smerit!  Cool
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August 09, 2019, 12:43:51 PM

LFC_Bitcoin & micgoossens - Amsterdam


Let me guess. Left LFC and right Mic

Can someone find a tape measure to find the size of those butts? 🤪
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