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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 25495882 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. (158 posts by 14 users with 9 merit deleted.)
fillippone
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August 31, 2020, 08:18:09 AM
Last edit: August 31, 2020, 08:52:47 AM by fillippone

He might be a shitcoin shiller, but how can you not love statements like this?

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Most Bitcoin evangelists are small timers preaching to the choir. Bitcoin's greatest marketers are central bankers.
https://twitter.com/lopp/status/1300156269202993154?s=21
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August 31, 2020, 08:33:57 AM

Another important question: why do I feel as if I'm in the Ivory Tower?

Quality of discussion today has been terrific. We're allowed to veer off topic roughly speaking if there's consensus on the new topic.

Seems to me that friends1980 has been diverted from his original mission in this here thread, which was supposed to be reading the whole thread and reporting his various findings back to us on a periodic basis.

Get back to your duties, friends1980!!!!!!!    Angry Angry Angry Angry    Tongue Tongue

Got me Cheesy but eerrrm, looks like you don't read everything either, since I posted about my "mission" weeks ago already Wink

You are correct that I do not read everything in this thread.  I came to this thread around page 6560 (my first post on the forum, too), and probably, I only sporadically read through some of the pages that were already in existence prior to my entering the thread... perhaps the first 10 pages of the thread and then here and there through the next 6,500 plus pages.

I do recall seeing a couple of reports from you in this thread regarding some of your thread reading progress in recent times, but surely not as many reports that I had anticipated in the event that you had been really spending some time reading through WO historical posts.

Through the years, we have had a decent number of members who have gone back and who have brought up some historical thread posts, from time to time, and sometimes those posts are enlightening and relevant, and other times they are embarrassing.  Go figure.  We do not always either get things right nor do we stay consistent with the passage of time... of course, a decent amount of individual variance in these regards, too.


I got off to eat something about 2 hours ago, and now that I'm back, about 22 posts were added already. How the hell am I supposed to read the whole thing?

Hey.. .don't be so disgruntled.    Tongue Tongue    Cheesy Cheesy Cheesy Cheesy

It's NOT like any of us is imposing any duties upon you.  You are the one who proclaimed that you were planning on reading the whole thread.  Surely, I am not completely clear about how you are going to achieve your objective, but you are the one who proclaimed to have such an objective.


From the start, I had pretty much proclaimed that I was not exactly a fan of your proposal and I was a bit unclear about how you were going to be able to fulfill such proposal.. here's my responsive post:

After almost 3 years on these boards, I've never really dared to take the leap to visiting this thread. I'm wondering how much time I'd need to start reading the WO from the very first post all the way to the last one. I'm also wondering if it'd deliver me inner peace or other life-changing insights.

I sense the seducing perfume of a challenge...

how many pages do you believe that you could reasonably read per day while attempting to maintain inner peace?  and/or to absorb such content in order to potentially work towards life-changing insights?

Even if you would be able to read 50 pages per day, it would take you 542 days, just to catch up to our current page count, so at that pace, it would not be unreasonable to project 2 years of your time (close to full time)... not sure if it would be a self-satisfying project, unless you were to give us daily or weekly summaries of your findings, which would just cause you to have to read fewer pages per day, and end up generating more pages that you would have to read if you were to engage in some kind of meaningful (inner peace and/or life-changing insights) kind of reporting of your progress.

Without more of an explanation (beyond a desire for inner peace or vague concepts of what would be life-changing insights), I am not a fan of your proposal... even though such a project probably would change your life.. just conceptually, I am not sure if it would be changed in a preferred direction.




Can we start a fund to provide my financial support during my reading of the complete WO?

I doubt that very many WO members would be very receptive to that kind of a fundraiser idea for your own voluntary proclamation and also little follow through from you, so far. 

On the other hand, since so far you have not seemed to have received much if any meaningful backlash from the mere proposal of a fund raiser, maybe taking the next step of setting up a special BTC donation address will inspire some members to donate to such fund (in the event that they do not red trust you)?   Hey, you gotta break some eggs, if you want to make an omlet, right?


(and by the way, there was an even older WO before this one, if I'm not mistaken, so make that 2 funds)
Have you made nearly zero progress on reviewing and reporting back on that thread, too?   Seems that you are going to be rolling in the dough with all the hypothetical funds that are going to be generated from these so far paper-tiger efforts.   Wink  Wink
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August 31, 2020, 08:41:54 AM
Merited by JayJuanGee (1), friends1980 (1)

All this made-up regulation

https://www.coindesk.com/crypto-companies-fatf-bitcoin-transaction
https://www.travelruleprotocol.org/
https://intervasp.org/
https://openvasp.org/

leads the banks back to this attack

https://bitcoinmagazine.com/articles/the-real-story-behind-the-mit-chainanchor-project-for-bitcoin-1462288281

which has not gone away.

Banks could end up holding a big proportion of the coins in their custody, and try to force 'upgrades' to bitcoin or block them to lightning.

So I for one plan to withdraw as little fiat as possible in the next bull, and continue living pretty frugally and quietly (!) until the dust settles. It is too early yet in the battle between regulation and decentralisation, either their fiatised new bitcoin wins or Bitcoin does, in which latter case, I will be glad I hedl.

This is a marathon not a sprint, Bitcoin's screws tighten slowly.



tl;dr: hold the banks to account by hodling
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August 31, 2020, 08:58:15 AM
Merited by vapourminer (1)

https://twitter.com/lex_node/status/1299575964305768448

Quote
it's close to pointless to be a lawyer in crypto/blockchain

people with either trading or coding skills are making huge money or being super creative, or both

law is irrelevant to them & to the tech

I get how most lawyers either go native or become no-coiners

...

Quote
the regulators failed on every possible level

they could've created a compliant path for Reg A+s and Reg CFs on Ethereum and they just sat around and went after Kik and Telegram

they'll be totally lost on DeFi, I don't think they'll know where to start, it's way beyond them

good 'law' thread
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August 31, 2020, 09:03:36 AM

https://www.reddit.com/r/Bitcoin/comments/ijazxn/what_lightning_network_improvements_are_down_the/ {road}

good layer 2 thread
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yes


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August 31, 2020, 09:27:11 AM

good 'law' thread

Well, after reading twice I still can't decipher what the guy's argument is all about  Huh Roll Eyes
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Shitcoin 3.0 Distribution Now Underway


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August 31, 2020, 09:35:24 AM

shilling it harder than a Saigon whore.

I had to depart with one merit for this reference as it indicates a Vietnam War era whore as opposed to a modern whore. Because if it were such it would be referred to as a Ho Chi Minh City whore.
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August 31, 2020, 09:36:03 AM
Merited by Torque (2)

Offtopic / NFSW: From Kenosha, WI Riots: "Are we going to ignore the fact that a dude is suck off another dude in the background ? Wtf 🤣"

WARNING. Cannot unsee: https://i.imgur.com/bOAN10H.jpg
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August 31, 2020, 09:48:09 AM
Last edit: August 31, 2020, 12:43:34 PM by friends1980

-snip-

Had I been a presidential candidate, surely I'd have begged you on my knees to become my VP running mate. Grin

edit: my most shocking findings from the first 20-so pages were that 1. staying on-topic was actually a rule mentioned in OP and 2. most charts, pictures, memes and so on, have disappeared for eternity's "Image Proxy: Invalid Image"...

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August 31, 2020, 09:51:51 AM

Offtopic / NFSW: From Kenosha, WI Riots: "Are we going to ignore the fact that a dude is suck off another dude in the background ? Wtf 🤣"

WARNING. Cannot unsee: https://i.imgur.com/bOAN10H.jpg

Is this a new trend, like people who get off on car crashes?

That's the second picture like that I saw, in the other a man was rimming this fellow up against a car. Again in the midst of a riot.



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August 31, 2020, 10:25:02 AM

Is this a new trend, like people who get off on car crashes?
That's the second picture like that I saw, in the other a man was rimming this fellow up against a car. Again in the midst of a riot.

 I can't even even about that. Things are getting crazy in parts of the country. Really don't like what BLM and Antifa are trying to foment.
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August 31, 2020, 10:56:49 AM

... and congrats, Capt. Toxic! I thought you'd been a legendary for months or years already.
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August 31, 2020, 11:04:22 AM

Why This Crypto CEO Thinks Bitcoin Soon Hits $15,000

https://www.newsbtc.com/2020/08/31/heres-why-this-crypto-ceo-thinks-bitcoin-soon-hits-15000/
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August 31, 2020, 11:41:12 AM


I'm no Crypto CEO, but I stand by my earlier, very conservative (near-bearish) predictions for 2020/2021:

2020 (Halving): $8500
2020 (EOY): $13,000 <-- Predicted
2021 (Q4): $30,000 <-- Predicted

I will be so happy to be proven wrong though...
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August 31, 2020, 11:42:22 AM
Merited by friends1980 (1)

Avoid deflation
Let money printers go brrrrrrrr
Dollar going down






#haiku
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August 31, 2020, 11:42:56 AM


#metoo 2
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August 31, 2020, 11:48:34 AM

Now again we are on $11700
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August 31, 2020, 11:55:42 AM


I call that a Reverse Bart.

a.k.a., a Trab !!!
vapourminer
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what is this "brake pedal" you speak of?


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August 31, 2020, 12:14:32 PM

~ Am I missing something?

Not much really, just the fud that attacks mining all the time, whether China fud or USA, which stalls the ever-up hashrate sometimes.

CCP really wants bitcoin out of China (lol) and USA has mixed success getting it in.

Let's say that 2/3 of BTC mining got knocked out for a variety of reasons in the coming months, then of course, there would be drama and FUD spreading, but at the same time BTC difficulty level is going to adapt every two weeks as the hashpower changes, in order to adjust to whatever might be going on, and king daddy could give less than two shits about from where (or what jurisdiction) such hashpower comes, and king daddy gives less than two shits if 95% of the hashpower leaves.  Of course, if there is lower hashpower happens, then there could be means to attack it while using less amount of resources, too. 

maybe depends on where that hash that disappears from. what if its from mostly one or two of the top pools. if one of the remaining pools suddenly has over 51% of that remaining hashpower there could be some fear of that pool taking advantage of it for nefarious purposes. that type of drama did happen years back and although it was settled pretty fast (the pool that had near/over 51% prevented new miners from joining iirc) if it happens again maybe the price would be affected.

i dont really keep track of the btc pool hash distribution as i just mine shitcoins on auto exchange pools for btc. someone here will likely have some insight on that (philip maybe?).
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what is this "brake pedal" you speak of?


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August 31, 2020, 12:25:44 PM

i just found out Dish network (satellite tv for those who dont recognize the name) takes bitcoin as payment lol. old news i guess but i just noticed yesterday while in my account. probably through a 3rd party, not directly.. i didnt bother to check that far.
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