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

[rdbase]

Its about the almighty coin here and not about pseudo religious topics.

http://bitcult.faith/

A lot of entities here favor worshiping the new money god that is bitcoin.
And these entities would like everyone else to follow suit and worship the same.
Such conduct is sin and corruption.

Lo!  Unwittingly as if possessed, I had acted in loyal service of the new money god that is Bitcoin!  ’Twas for that, the Divine Bitcoin lavished me with this compliment as a reward:

Nullius' sole objective is to facilitate the mass adoption of bitcoin.

A reward—and a guiding light, showing me to my true calling.

I ought to work more on this channelling of inerrant divine inspiration:

I. The Basic Laws of Bitcoin

[...]
The god of Bitcoin grants unto you full power over yourself:  No king, no priest, no judge, no senate, and no army can command or countermand your decree over your own bitcoins, as signed with the sacred mark of your private keys.

The god of Bitcoin demands that you take full responsibility for yourself:  For it is a law of Nature and Bitcoin that power and responsibility are as two sides of the same coin.

The god of Bitcoin commands, you shall keep safe your private keys.  An ye lose your private keys, the god of Bitcoin shall curse ye.  An ye let your private keys be stolen, the god of Bitcoin shall bless the thief and curse ye.

The god of Bitcoin demands obedience to the divine Law of Consensus.  The damned who hardfork without consensus are renegades, abjurers of holiness, rapine oath-breakers, frauds, sowers of discord, and traitors, who shall be consigned damnatio memoriae with their chains to eternal poverty within the depths of Tartarus, where all hashes are broken and all bits are made nothing.
[...]

The principal reason why I dropped it was my realization that too many dollar-worshippers seriously accuse Bitcoiners of a “cult mentality”.

The bottom line is that men create gods in their own images; and as societies change, so do their concepts of divinity.

So this is the true manifestation of your one true GOD! ~ The first meme in MSpaint



And this is his word ~ satoshi's whitepaper:



One in every hotel room, right?
Makes me want to go to church.
https://bitcointalk.org/index.php?topic=5278491

To leave on a political note:


https://www.reddit.com/r/Bitcoin/comments/j03s1m/the_holy_grail_of_life

[Phil_S]

fixed

[BitcoinGirl.Club]

Good morning WO!
Observing @ $10,670

[BitcoinGirl.Club]

Being your own bank comes with great responsibility. Crypto is not for careless people.

[Phil_S]

That's Machu Picchu, and it's not that old.

Notre-Dame de Paris is centuries older than that, believe it or not.

Hagia Sophia is like 1000 years older.

[Paashaas]

That's Machu Picchu, and it's not that old.

Notre-Dame de Paris is centuries older than that, believe it or not.

Hagia Sophia is like 1000 years older.

LOL, France didn't even existed thousands of years ago and yet those structures where already there.
I don't believe it because the Maya's/Inca's was a civilization building there sites ontop of a much more advanced civilization same with the Egyptians.
Here are some examples, you can clearly see the differences in technology. Like i said before the maya's/Inca's where not responsible for those megaliths.

[AlcoHoDL]

Instead of haikus,
I see motherfucking rocks,
Solid, and with holes.

Aliens or not,
Whoever built those big rocks,
Knew something we don't.

It all seems crazy,
Like Grigori Perelman,
With his famous proof.

"All 3-manifolds,
Simply connected and closed,
Lead to a 3-sphere."

Henri stated it,
The crazy Russian proved it,
While picking mushrooms!

It all sounds coo-coo,
But not to everybody.
Seek, and ye shall find.

Gravity to rocks,
As hash power to Bitcoin,
Keeps fuckers away!

#7sundayhaikus

[Phil_S]

https://en.wikipedia.org/wiki/Machu_Picchu

Machu Picchu is believed to be built starting 1450–1460. Construction appears to date from two great Inca rulers, Pachacutec Inca Yupanqui (1438–1471) and Túpac Inca Yupanqui (1472–1493).

I wouldn't call that ancient.

[Torque]

My 2c about Saylor's buy of $425 mil in btc.

Contrary to everybody's enthusiasm, I found it troublesome.

1. The smart way of buying would be buying calls, then be aggressive, not making 20K tiny tx. If you have calls, then you don't care much if market moves or not as a result of your buying.

2. How he was able to find $425mil sellers without moving a market? It's not like all other buyers and sellers disappear.

Something does not compute.
To me this is an indication that market has some re-hypothecated btc and large portion of the volume is such "imaginary" btc.
It does not matter that he was able to withdraw. It simply means that they re-hypothecated even more and injected those back to exchanges.

I suspect the exchanges of the world have 10 to 20% of the coins they claim to have.

I imagine most volume is based on reserves they dont actually have.

I'm glad to see others having the same thoughts, I've suspected this as well for a long time now.

[lightfoot]

That's Machu Picchu, and it's not that old.

Notre-Dame de Paris is centuries older than that, believe it or not.

Hagia Sophia is like 1000 years older.

(More stuff)

Keep in mind the only reason we see these buildings is because they are still around. They were found to be "beautiful" and didn't collapse over time. For every one of these examples there is 1000+ failures that are erased forever.

So you do have a self selection bias. Add to that weathering (things round over time), compression (things like rocks can mold into a shape over time) and just plain luck and you have the ancient aliens stuff.

Imagine what will survive from our culture for 10,000 years. Stainless steel butt plugs and dildos. Maybe they will think they are god-images.

Maybe they are.

[elrippos friend]

That's Machu Picchu, and it's not that old.

Notre-Dame de Paris is centuries older than that, believe it or not.

Hagia Sophia is like 1000 years older.

France didn't even know that there ware stars in the sky when those structures have been built 

[elrippos friend]

That's Machu Picchu, and it's not that old.

Notre-Dame de Paris is centuries older than that, believe it or not.

Hagia Sophia is like 1000 years older.

LOL, France didn't even existed thousands of years ago and yet those structures where already there.
I don't believe it because the Maya's/Inca's was a civilization building there sites ontop of a much more advanced civilization same with the Egyptians.
Here are some examples, you can clearly see the differences in technology. Like i said before the maya's/Inca's where not responsible for those megaliths.

Correct, and the rule is quite simple. The more precise and the bigger the single monolithic blocks = the older the structure is  

[Phil_S]

France didn't even know that there ware stars in the sky when those structures have been built 

And when was that exactly? When those structures have been built?

Here, look it up:
https://en.wikipedia.org/wiki/Machu_Picchu

Frankly, if the person is standing next to them for scale, the structures are not than impressive:

[philipma1957]

That's Machu Picchu, and it's not that old.

Notre-Dame de Paris is centuries older than that, believe it or not.

Hagia Sophia is like 1000 years older.

(More stuff)

Keep in mind the only reason we see these buildings is because they are still around. They were found to be "beautiful" and didn't collapse over time. For every one of these examples there is 1000+ failures that are erased forever.

So you do have a self selection bias. Add to that weathering (things round over time), compression (things like rocks can mold into a shape over time) and just plain luck and you have the ancient aliens stuff.

Imagine what will survive from our culture for 10,000 years. Stainless steel butt plugs and dildos. Maybe they will think they are god-images.

Maybe they are.

read a bit more about the great pyramid .  not the lessor ones but the great one.

https://en.wikipedia.org/wiki/Great_Pyramid_of_Giza

let me know how they stacked the 80 ton blocks in the year 2500bc

[Phil_S]

Here's 2,500 years old unfinished statue in Greece, still in the ancient marble quarry.









Greeks obviously had plans (and technology) to cut and move it.

https://en.wikipedia.org/wiki/Kouros_of_Apollonas

The Kouros of Apollonas, also called the Colossus of Dionysus, is a 10.7 metre[1] tall unfinished statue of light grey Naxian marble with a weight of around 80 tonnes. It is located in an ancient quarry near Apollonas, a small town in the northern part of Naxos, one of the Cycladic Islands in the Aegean Sea.

The figure is roughly carved, but the body, head with beard and ears and the beginning of the hair are roughly recognisable. The arms have been cut by the stonemasons as rudimentary rectangles and the shaping of the feet had been begun; they are located on a 50 cm high plinth. The unfinished kouros lies in a rough stone slope.

According to Carl Blümel, a sculptor and director of the Pergamonmuseum, Greek quarrying in early times was similar to Egyptian quarrying practice. The rough form of the figure was carved out. The sculptors were especially able to work the sides. They worked layer by layer, creating flat contour areas. So the sculptors never worked on a leg, arm or head individually, but always on the sculpture as a whole and thus the whole figure was at the same stage of completion at each moment.[4] Only after the creation of the rough contour was the figure rounded out. This is all clearly demonstrated by the Kouros of Apollonas.

The sculptors used bronze chisels, which have left numerous holes in the sculpture, which were probably also the result of the use of pickaxes and hammers and would have been smoothed out in the course of the work by the use of finer chisels and gentler blows

The statue, which has an estimated weight of about 80 tonnes,[5] had been cut free from the stone on three sides, but it was not completed. On the back of the Kouros there are 5–8 cm wide keyholes, which are between 32 and 37 cm apart. In the centre, between the back of the kouros and the stone is a rectangular hole with a width of 40 cm, for the insertion of a wooden lifting beam. These recesses are located in the main lifting points of Greek monoliths. This ancient quarrying technique can be detected by traces in numerous places in the quarry, since it was not used in later times.

It's less magical, when you look at unfinished work-in-progress... It's just a lot of hard work.

But they could do it. They were not stupid.

[vapourminer]

read a bit more about the great pyramid .  not the lessor ones but the great one.

https://en.wikipedia.org/wiki/Great_Pyramid_of_Giza

let me know how they stacked the 80 ton blocks in the year 2500bc

the theory i like (unsure if its mentioned in the wiki) is they built the land around it up as they built it so they "just" had to move the blocks uphill on logs etc to the stone (thats now even with the new ground level) they wanted it on. when that layer is done move more dirt in so its now even with the new level you just built.

then, just remove the dirt. poof. snimple if you have basically unlimited dirt, manpower and time.

[AlcoHoDL]

Also worth mentioning is the ancient Greeks' methods of perspective correction when designing their monuments. It's amazing that such methods were used at that period of time. It screams "high-tech", even by today's standards!

https://www.architecturerevived.com/how-greek-temples-correct-visual-distortion/

[elrippos friend]

France didn't even know that there ware stars in the sky when those structures have been built 

And when was that exactly? When those structures have been built?

Here, look it up:
https://en.wikipedia.org/wiki/Machu_Picchu

Frankly, if the person is standing next to them for scale, the structures are not than impressive:

As it is often stated, DYOR and then come back again 

[elrippos friend]

Here's 2,500 years old unfinished statue in Greece, still in the ancient marble quarry.









Greeks obviously had plans (and technology) to cut and move it.

https://en.wikipedia.org/wiki/Kouros_of_Apollonas

The Kouros of Apollonas, also called the Colossus of Dionysus, is a 10.7 metre[1] tall unfinished statue of light grey Naxian marble with a weight of around 80 tonnes. It is located in an ancient quarry near Apollonas, a small town in the northern part of Naxos, one of the Cycladic Islands in the Aegean Sea.

The figure is roughly carved, but the body, head with beard and ears and the beginning of the hair are roughly recognisable. The arms have been cut by the stonemasons as rudimentary rectangles and the shaping of the feet had been begun; they are located on a 50 cm high plinth. The unfinished kouros lies in a rough stone slope.

According to Carl Blümel, a sculptor and director of the Pergamonmuseum, Greek quarrying in early times was similar to Egyptian quarrying practice. The rough form of the figure was carved out. The sculptors were especially able to work the sides. They worked layer by layer, creating flat contour areas. So the sculptors never worked on a leg, arm or head individually, but always on the sculpture as a whole and thus the whole figure was at the same stage of completion at each moment.[4] Only after the creation of the rough contour was the figure rounded out. This is all clearly demonstrated by the Kouros of Apollonas.

The sculptors used bronze chisels, which have left numerous holes in the sculpture, which were probably also the result of the use of pickaxes and hammers and would have been smoothed out in the course of the work by the use of finer chisels and gentler blows

The statue, which has an estimated weight of about 80 tonnes,[5] had been cut free from the stone on three sides, but it was not completed. On the back of the Kouros there are 5–8 cm wide keyholes, which are between 32 and 37 cm apart. In the centre, between the back of the kouros and the stone is a rectangular hole with a width of 40 cm, for the insertion of a wooden lifting beam. These recesses are located in the main lifting points of Greek monoliths. This ancient quarrying technique can be detected by traces in numerous places in the quarry, since it was not used in later times.

It's less magical, when you look at unfinished work-in-progress... It's just a lot of hard work.

But they could do it. They were not stupid.

Again, that is the official story like BTC is dead 
The statue is now in the land of the greeks, but no one can tell you who was in those sites when that was built or in the process of building, that is what the history books are missing 

[friends1980]

Good to be reminded about the fact that once upon a time Greeks were actually working.

Or wait a minute. They had slaves doing the work for them, right?

Disclaimer: sincere apologies to my Greek friends. I'm visiting your wonderful country with your delicious cuisine at least once a year, but I just couldn't let that one slip.