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

[LUCKMCFLY]

The historical transaction between Malmi and NewLibertyStandard .


https://www.blockchain.com/en/btc/tx/7dff938918f07619abd38e4510890396b1cef4fbeca154fb7aafba8843295ea2


Source: https://beincrypto.com/a-5-btc-usd-transaction-on-this-day-10-years-ago-officially-made-bitcoin-an-economic-good/

[makrospex]

#room spinning

As a brother just told me................

When i was 16 and drunk af and wanted the room carousel to stop, i lied down on the right side of my (any) bed (or similar) and put my right foot on the floor.
We called that "hitting the brakes" (in german).

Hope it works at advanced ages too.
Good night  

[P_Shep]

US Vaping deaths resemble WWI mustard gas exposure

https://www.independent.co.uk/news/health/lung-damage-vaping-chemical-burn-mustard-gas-a9133711.html

As a non smoker I prefer smokers over vapors. Smokers stink up the place and a little smoke may blow your way if they are close to you but you can easily avoid it or just use your hand to wave/fan it back in their face. Ive literally done this next to people who blew smoke towards me as the were next to me at a bar or casino. Their reactions of shock, fear, and or anger are always funny but im just returning their little gift to sender.

Vapors present a different dilemma bc they will sometimes be walking in front of you or past you and leave a giant vape cloud in their wake that you end up walking in to. These are hard to dodge sometimes bc of their size and impossible to hand wave back into the scoundrels face.

As far as Im concerned second hand smoke and vape are simple assault and should only be allowed in private places among consenting company.

TLDR:
I laugh when I hear of Vapors dying. Jk, but not really bc idgaf about scoundrels blowing toxic poisonous bubble gum flavored shit in my direction.

What gets me is when you're driving behind a vapor'er, you see a massive cloud appear from the drivers side window of the car in front, and your car sucks it in you get a dose of some shitty cherry flavoured nicotine.
Never fucking happened with cigarettes.

Thanks, I'd rather inhale diesel fumes.

[JayJuanGee]

[edited out]

If one of the other Bitcoins does indeed capture more market cap than BTC in the future, will you concede that that other fork will indeed be Bitcoin?

You cannot really believe that "the real bitcoin" is based on market cap, can you? 

How long would such pumpening of the shitcoin price would be needed in terms of sustainability in your perverted conceptualization of what is "the real bitcoin", jbreher?

[JayJuanGee]

Trading disclosure, because I feel sooo lovey-dovey when I think of JJG.

Don't feel like that.  Gosh.  I am blushing.

In other words, try to exercise some emotional control within these here interwebs (aka tubes).

The bloody weekend is not materializing. If anything, the short (equal to the long atm) is a losing bit now. I wish I could cash out part of one leg and rebuild it closer to the center (lower for the long, higher for the short). Which leg? My preference and rational expectation gravitate towards the short because reasons; one being I prefer to be long in general, another being that "down before up" is sexier than "up before down". Of course, I do my best not to let my hopes and preferences hinder my rational gameplay.

Sounds good, to the extent that it makes any sense.  The part about attempting to structure your outstanding orders in such a way that causes you to feel largely emotionally neutral about bitcoin's short-term price direction resonates with me the most.    

TL;DR Still more wait and see. Nothing to see here, gentlemen, move on please.

Sometimes tweaks can feel boring, but from time to time, tweaking tends to be a prudent and preferable practice.

[jbreher]

Seeing as you are playing dumb:

What is the difference between the two logos and how is not deliberately misleading / confusing to newbies ?  A practice which you have just said is dishonest.  

However, there indeed was a question in my reply. Which you conveniently ignored.

Distraction technique.  Duck, weave, obfuscate. 

So fucking weak.

Tell me... Exactly what is the authoritative organization that has deemed the presented artwork as the official BTC logo? Hmmmm?

[JayJuanGee]

  BCH lost a long time ago, just as BSV lost the battle to be the real Bitcoin Cash.

They are both variants of bcash, and who cares about details? including if their is any meaning to whether one or another of them might be the real bcash.. who cares?

[jbreher]

You forgot the bit where the big blockers try to fool newbies into thinking Bcash lol and BSV are Bitcoin.

It appears that you have no inkling of IP law. What makes you think BTC has exclusive claim on public domain art?

That's exactly the kind of slippery, "formally correct"  argument that gives you a bad name, jbreher.

You speak of dishonorable paths and then defend conman moves such as appropriating an already established logo because you have an "inkling of IP law".

If the nutjobs(TM) were selling drinks, or toys, or other unrelated items, that would have been fine and no one would've called anyone out. The point is, the scamming shitcoiners are in the very same business (tokens, cryptocurrencies or what you call this Internet magic money).

This is outright brand stealing. Not from the brand owner, but from the collective of stakeholders (bitcoiners).
The fact that there's no opponent who can sue for damage is comfortable eh?

I will grant that that logo has some aspect of 'bitcoin-ness' to it. I will not grant that BTC has any higher claim upon that 'bitcoin-ness' than does BCH, let alone BSV.

[jbreher]

Then you are obviously posting in the wrong thread 

I thought we were discussing Bitcoin?

[HairyMaclairy]

Seeing as you are playing dumb:

What is the difference between the two logos and how is not deliberately misleading / confusing to newbies ?  A practice which you have just said is dishonest.  

However, there indeed was a question in my reply. Which you conveniently ignored.

Distraction technique.  Duck, weave, obfuscate.  

So fucking weak.

Tell me... Exactly what is the authoritative organization that has deemed the presented artwork as the official BTC logo? Hmmmm?

Not addressing the question but asking a different question. Duck, weave, obfuscate.

I will grant that that logo has some aspect of 'bitcoin-ness' to it. I will not grant that BTC has any higher claim upon that 'bitcoin-ness' than does BCH, let alone BSV.

Not addressing the question but raising a different issue. Duck, weave, obfuscate.



Answer the question.  

What is the difference between the two logos and how is not deliberately misleading / confusing to newbies ?  A practice which you have just said is dishonest.  

[JayJuanGee]

Segwit and LN and Schnorr are not BitCoin, for a very good reason.

You miss the real point.  Money is supposed to be a constant and unchanging.  Things like the noble metals (physical silver and gold) resist entropy.  Bitcoin FACILITATES entropy.  It's the #1 worst form of 'money' ever created.  If something starts out as some completely arbitrary abomination and randomly transforms into some other new, completely arbitrary abomination, it's obviously not fungible or money.

"Fungible" does not mean tumbling coins in some Albanian mixer to try and obfuscate outputs, it means the object has actual, inherent properties that don't mutate at random.  Fungibility is a requirement of money and no imaginary, digital shitcoin has it.  Physical metals are money and digital shitcoins are scam hoaxes pretending to have the traits of metals when they don't.

True, but it is just implicit. Bitcoin cannot be changed after Satoshi left. It is fraud to do so and keep the name.

You (hv_) are surely making up arbitrary rules in order to attempt to create a definition of bitcoin that could possibly cause some bullshit cultist shitcoin bitcoin attack vector to claim to be bitcoin... What a bunch of nonsense.  If you understand the concept of various network effects, then you might begin to understand that bitcoin has seven market affects going in its favor, and bcash variants hardly mark a dent in any of the network effects,  unless there were a network effect for a prolific ability to spread phoney baloney, then perhaps one of your bcashes would prevail in that (even while there is no such legitimate network effect that gives credibility to a project merely for an ability to spread phoney baloney... ... helrow?).

Biggest shit was Segshit, and we had the biggest drop of btc in market share with that.

As if you are making any kind of meaningful assessment of importance and the power of BIG daddy bitcoin.   

Hope we have biggest learning curve about money now.

You can hope all that you like, and that is not going to get you anywhere without meaningful network effects.

True Bitcoin is better than any PM though

Well yeah.. bitcoin is an improvement upon all the PMs including gold and silver which are the most touted of the PMs for having some kind of store of value and/or currency effect, and of course, bitcoin beats both of them on those grounds.

[Biodom]

This board spends inordinate amount of time and effort talking about forks.
Seriously, who cares much about it? They came and now largely gone.

There are many other really relevant topics.
One, for example, is why govvies are so gung ho against Libra and telegram?
I am quite curious about this. Will this spillover to btc? Is is difficult not to expect some "regulatory" efforts by next summer at the latest.
How will bitcoin respond?

[jbreher]

Has anyone else noticed the severe drop in liquidity on coinbase pro for BTC/USD?? Order book averaged about $50 million+ in buys all the way down to $2200 up until yesterday. Within the last 24 hours it dropped from $50 million down to barely over $10 million. What happened here?

Coinbase revamped its fee structure. Again.

In the process, it nuked all standing orders made under the old fee structure.

PITA to set up all the ladders again, but whaddayagonnado?

bittrex, that's what I'm gonnado

Seems to me that Bittrerx has rather anemic withdrawal limits, but I may be misrememberating.

Yeah, there just aren't any good exchanges any more.  But if Coinbase thinks they can just keep jerking me around they got another thing coming.

Yeah, well Coinbase's recent changes were a wash for me, so...

[jbreher]

Its over. The debate is finished.

Ummm... what 'debate'?

[jbreher]

@jbreher (or anyone): what happened to the dragon logo it had at one point?

No idea.

[JayJuanGee]

Roach knows about almost every fucking topic in the world, even though he has demonstrated that he is one of the dumbest asses on the planet

Who's the more foolish? The fool, or the fool who quotes him?

- Obi Wan Nutildah

Um, um, um......

The fool is the more foolish?....



Hahahaha...




I am not falling for your reverse psychological attempt at a trap, and I will quote whomever I like.  

Roach knows about almost every fucking topic in the world, even though he has demonstrated that he is one of the dumbest asses on the planet

Who's the more foolish? The fool, or the fool who quotes him?

- Obi Wan Nutildah

But But, JJG was being nice, white knighting along with you  

I don't recall every white knighting anyone.  You mean that if I say something nice about roach then that is white-knighting?  my comment about roach was a kind of sarcasm, so that would not be white knighting, right?  You might have a misunderstanding of white-knighting mic, unless I am just confused about the reference.

I've also been guilty of engaging with roach, but that was more like a limited experiment, whereas JJG seems to do it on the regs.

The quoting of roach is all relative.. and discretionary, too.  I stick to my earlier position to exercise discretion as I see fit, and to not fall into any attempts at reverse psychology traps.     

[JayJuanGee]

BS goals or worthy endeavor (FI/RE)?

https://nypost.com/2019/10/08/inside-the-strange-secretive-lives-of-rich-millennial-cheapskates/

I think that peeps on WO with significant coinage might want to spare some for a better living.
Otherwise, all that sat stacking is for what?
Frugality has it's pluses, but there are also a lot of minuses.
Essentially, you would have a bunch of money when you are old, however, when you are old, your plans are typically limited.

Great financial advice... to be frugal and then retire early.  It's called deferred gratification, and if you end up retiring before you are 50 or something like that, then there could be plenty of time to enjoy the fruits of such early in life frugalities.

[JayJuanGee]

Fuck politics get back to Bitcoin, why don't we go up? I was told to enjoy $16k in October. Where is it? 18 days left to November,

Who the fuck told you that?  You want me to beat them up for you?

Or maybe you are the one who deserves a beating for relying on promises (and then propagating such nonsensical promises) when anyone with any kind of scintilla of common sense in bitcoinlandia should realize that there is no such thing as a promise in bitcoin, especially when it comes to short-term price movements.  AmiNOTrite?

Asuka needs get her shit back together as soon as possible. People's dreams are on the line here. All those lambos, hoos, parties, yachts... Get back to work Asuka enough lollygagging

Who is Asuka?  Has she participated in this thread or been quoted in this thread in any kind of memorially significant way?

some anon on reddit and yes, he/she was quoted repeatedly.
All these predictions always fall apart sooner or later, even the one from the "time traveler", which was quite successful, is about to kick the bucket at the EOY.
The "citadels" idea might persist, though.

Hm?  I don't recall seeing those predictions in this thread, so I suppose it is not memorial for me.  Perhaps, I am not reading this thread (and retaining) as thoroughly as I should be... for some strange reason.

[JayJuanGee]

[edited out]

I don't believe we're still in a bull market no, but that's complete subjective to the time-frame. Why do you assume I'm putting such reliance on negative projections? I hodl long-term and accumulate more as the price drops. A short call doesn't necessarily mean I'm going to trade it, and in this case I definitely wouldn't as a bounce is due at anytime to re-test $9K, so clearly way too risky. It's simply what certain indicators and comparisons are telling me. I don't just blindly follow them, that would be ridiculous.

Just because probability is telling me one thing, doesn't mean it will occur, that should be obvious to be honest.
Buy the f**king dip. That better?

I cannot really disagree with much, if any, part of your clarification. 




 

[Biodom]

Fuck politics get back to Bitcoin, why don't we go up? I was told to enjoy $16k in October. Where is it? 18 days left to November,

Who the fuck told you that?  You want me to beat them up for you?

Or maybe you are the one who deserves a beating for relying on promises (and then propagating such nonsensical promises) when anyone with any kind of scintilla of common sense in bitcoinlandia should realize that there is no such thing as a promise in bitcoin, especially when it comes to short-term price movements.  AmiNOTrite?

Asuka needs get her shit back together as soon as possible. People's dreams are on the line here. All those lambos, hoos, parties, yachts... Get back to work Asuka enough lollygagging

Who is Asuka?  Has she participated in this thread or been quoted in this thread in any kind of memorially significant way?

some anon on reddit and yes, he/she was quoted repeatedly.
All these predictions always fall apart sooner or later, even the one from the "time traveler", which was quite successful, is about to kick the bucket at the EOY.
The "citadels" idea might persist, though.

Hm?  I don't recall seeing those predictions in this thread, so I suppose it is not memorial for me.  Perhaps, I am not reading this thread (and retaining) as thoroughly as I should be... for some strange reason.

Yes, it was discussed here and you even merited this.
https://bitcointalk.org/index.php?topic=178336.msg52289353#msg52289353

the only thing is i am not sure if that Anon is the one prior poster related to. maybe not. In any case, this is the only viral prediction on reddit that i was aware of.