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Question: What happens first:
$65,000 - 59 (86.8%)
$48,000 - 9 (13.2%)
Total Voters: 68

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26330684 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. (170 posts by 1 users with 9 merit deleted.)
cAPSLOCK
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October 19, 2020, 08:33:23 PM

Looks like 10k € is coming very soon.

Unless we Bart.

Indeed that’s a fact.
Always it’s coming soon-ish.
Unless we do Bart.


OK one Baaaad BTC Haiku, and one almost as bad poker one for the Dude.  You have to imagine playing at a table full of fish... a good thing... but then this happens:

Barting not allowed!
Bitmex was destroyed last week!
How can we still bart?!??!

Flopped the top end! Shove!
Call, Call, Fold, Call, Call, fold, Call.
Beaten by a flush Sad
1710847769
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According to NIST and ECRYPT II, the cryptographic algorithms used in Bitcoin are expected to be strong until at least 2030. (After that, it will not be too difficult to transition to different algorithms.)
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Hueristic
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October 19, 2020, 08:52:15 PM


Flopped the top end! Shove!
Call, Call, Fold, Call, Call, fold, Call.
Beaten by a flush Sad

Too many fish in the net will pull you off the boat and we all know what happens to our coins then Cheesy
El duderino_
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October 19, 2020, 08:52:19 PM

Looks like 10k € is coming very soon.

Unless we Bart.

Indeed that’s a fact.
Always it’s coming soon-ish.
Unless we do Bart.


OK one Baaaad BTC Haiku, and one almost as bad poker one for the Dude.  You have to imagine playing at a table full of fish... a good thing... but then this happens:

Barting not allowed!
Bitmex was destroyed last week!
How can we still bart?!??!

Flopped the top end! Shove!
Call, Call, Fold, Call, Call, fold, Call.
Beaten by a flush Sad

Equity was there?
Was it the turn or river,
that send you back home?

El duderino_
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October 19, 2020, 08:57:22 PM
Merited by Hueristic (4)

B T W, do not
talk poker on the W O,
when I’m Out Of Merit
600watt
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October 19, 2020, 09:08:14 PM

brilliant text!

Quote
As Bitcoiners, we are at sea, on this Bitcoin ship. The storms and waves are merciless.

We planned our destination before setting off. We left port knowing where we were heading, that we would need to pass the Sirens, and everyone on board knew it would be hard.

We have heard the tales from those that passed before us. To not perish in the rough waters. To not succumb you must resist the call of the Sirens who sing of alt seasons and riches.

Tie yourself to the mast of our ship if you must, put hurdles in your way to make it too much time and effort to do, but avoid the alts at all costs.


this is class A WO poetry

https://www.citadel21.com/beware-the-siren-song
Toxic2040
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October 19, 2020, 09:38:00 PM

brilliant text!

Quote
As Bitcoiners, we are at sea, on this Bitcoin ship. The storms and waves are merciless.

We planned our destination before setting off. We left port knowing where we were heading, that we would need to pass the Sirens, and everyone on board knew it would be hard.

We have heard the tales from those that passed before us. To not perish in the rough waters. To not succumb you must resist the call of the Sirens who sing of alt seasons and riches.

Tie yourself to the mast of our ship if you must, put hurdles in your way to make it too much time and effort to do, but avoid the alts at all costs.


this is class A WO poetry

https://www.citadel21.com/beware-the-siren-song


+1 WOsMerit


-------

afternoon charts

#dyor
1h



4h

#stronghands
bullrun2024bro
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October 19, 2020, 10:06:48 PM
Merited by JayJuanGee (1)

The Room 77 in Berlin just closed it's doors. Pretty sad day for the BTC community. I have been there twice and spend my first BTC there. Lovely memories..

A legendary bar and restaurant in Germany that was reportedly the first to ever accept cryptocurrency as a form of payment has permanently closed.

According to an Oct. 18 Reddit post from Joerg Platzer, founder of Room 77, the first brick-and-mortar business to accept Bitcoin (BTC) is no longer accepting customers and has shuttered its doors.

...

“A visit to Berlin was never complete without stopping by Room 77,” said Bitcoin Core developer Eric Lombrozo. “This place will always remain part of Bitcoin history.”



Source: http://www.room77.de/

Full article: https://cointelegraph.com/news/former-patrons-can-t-drown-sorrows-as-first-ever-bar-to-accept-bitcoin-closes
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October 19, 2020, 11:21:38 PM

Looks like 10k € is coming very soon.

Unless we Bart.

Indeed that’s a fact.
Always it’s coming soon-ish.
Unless we do Bart.


fuck bart and his shitty hair style!
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October 20, 2020, 12:07:36 AM
Merited by philipma1957 (1)

The Room 77 in Berlin just closed it's doors. Pretty sad day for the BTC community. I have been there twice and spend my first BTC there. Lovely memories..

My guess is they didn't hold.
explorer
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October 20, 2020, 12:11:38 AM
Merited by JimboToronto (1)

The Room 77 in Berlin just closed it's doors. Pretty sad day for the BTC community. I have been there twice and spend my first BTC there. Lovely memories..

My guess is they didn't hold.

Or they did.  Faced with social and economic restrictions, they pulled the plug and went to the beach.  Hope so for their sake.
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October 20, 2020, 12:14:22 AM
Merited by JayJuanGee (1), nutildah (1)

Does anyone know of any NFC Point of Sale devices that work with Lightning Network?

I'd like to look into buying these for the cruise ship.

While most lightning wallets can easily receive payments, the two dedicated Lightning PoS apps I've seen are are in BTCPay Server & Breez Wallet. I've never seen a PoS device for any of these, just smartphones and Raspberry Pi nodes.

https://btcpayserver.org
https://breez.technology

I'd probably go with the BTCPay server nodes. It's by far the most advanced.
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October 20, 2020, 01:25:02 AM
Merited by 600watt (1)

I have missed the posts about bitcoin podcasts in march of this year.

just slammed them all in one post, it is a bit redundant and sloppy. I did not know that they were so abundant. very cool, I will check them all out.
[Edited out ..... List of podcasts]


I was considering creating a thread that would rate the podcasts in terms of bitcoin maximalism - and perhaps describing some other qualities... but   I have not yet gotten around to it... of course, there seems to be some need to eliminate some of the shitcoin podcasts (or at least highlight if they are problematic or sometimes deviate into shitcoin nonsense), because otherwise get overwhelmed with nonsense...

I actually do not mind some shitcoin discussions in podcasts as long as the host(s) is (are) a bitcoin maximalist, because then s/he (they) will tend to keep the shitcoiners reigned in, somewhat.

snip
Well done 600watt! I would suggest you create a thread outside the WO. You could help a few more bitcoiners with this list. Either way, I'm quoting this as a future reference. And then a question: given the huge amount of sources, what would you personally suggest to start with?
Thank you very much

Yes, exactly.. in a thread there could be a kind of loose rating that might help to guide a bit in terms of which ones are better.. and maybe some are more technical or layman (or beginner) or even giving some description might be helpful, too.
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October 20, 2020, 01:37:53 AM

Or they did. 

Hopefully but if they did they should not have had a problem weathering even a few years.
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October 20, 2020, 01:41:37 AM

... hope is not a plan.

correct. faith, however, is. and i dont mean "faith" as in it will protect you from standing on the tracks when a train comes at you; thats just stupidity.. and it seems far to many seem to think their "faith" will protect them in such manners.

however this thread isnt the place for any real discussion on this.

to each there own. i dont force my faith on others, and dont expect others to force theirs on me. let and let live works for me.

i will say this though. give a good read on the texts on the various flavors of faith (not saying you havent btw, this is for others reading this post who may not of). dont blindly accept anything on others words alone. look at their actions, then decide if its worth a look.

I have met people from various religions who are hateful and judgemental and others who are quite good and decent people... so religion does not necessarily resolve some of the issues that seem to be taught on a regular basis when some people might not practice what they seem to be learning.. or maybe they have a BIG ego, too...   I am not saying it is an easy balance, just making an observation of sometimes BAD peeps who proclaim to be religious and even seem to practice their religion on a regular basis but then still seem to have a lot of hate, jealousy and/or judgementalism within the way the3y carry themselves during times that I have met with them.  

I am also not proclaiming myself to by holier than thou either, and sometimes each of us can have our bad days, and sometimes I lose my patients with certain udder peeps too..  Sometimes I conclude (or judge): "hey, you seem to be causing a vast majority of the problems about which you are regularly complaining."

Weird dream: Bought a yellow Lambo then bumped it into a wall and scratched the paint. Then a bunch of people arrived to wash it, but when I came back from lunch I found it hd been towed. Too much stress to own something like that. So annoyed I woke myself up.

Weird.

Hahahahahahaha

Sometimes there are short-cuts to learning... and I am glad that you, lightfoot, seemed to have had taken a shortcut in that regard.

I am also glad that you shared such shortcut learning with us,  WO peeps.

 Wink Wink   Cheesy Cheesy  Cheesy Cheesy
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October 20, 2020, 01:49:24 AM

Jeff Bridges diagnosed with lymphoma  Sad
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October 20, 2020, 02:00:00 AM
Merited by Hueristic (1)

Jeff Bridges diagnosed with lymphoma  Sad

 Yeah, well, ya know, that's just like your opinion, Doc!
 This aggression will not stand, man!

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October 20, 2020, 02:15:03 AM
Merited by JayJuanGee (1)

I use BTCPay on our website. It integrates easily with Woocommerce.

Cool, just found this open source PoS project for BTCPay:  https://github.com/arcbtc/M5StackSats

We're still early days here but the new Breez wallet announcement gives me a lot of faith that Lightning is nearly ready for everyone.
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October 20, 2020, 02:27:32 AM

Check out that MS Satoshi... Grin

https://www.reddit.com/r/Bitcoin/comments/jefmth/so_i_am_buying_a_cruise_ship_and_naming_it_ms/
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October 20, 2020, 02:29:57 AM
Merited by 600watt (1)

snip
Well done 600watt! I would suggest you create a thread outside the WO. You could help a few more bitcoiners with this list. Either way, I'm quoting this as a future reference. And then a question: given the huge amount of sources, what would you personally suggest to start with?
Thank you very much


my favorite is Guy Swann since he is reading a lot of interesting and mainly essential bitcoin writings and sometimes interviews the authors later.

https://anchor.fm/thecryptoconomy*


*it is now called bitcoinaudible.com but the anchor link above presents it better imho. indeed, Guy started his podcast in March 2018. that is just 2.5 years ago.


most bitcoin podcasters seem to be married to Austrian economics. has anyone heard of a good btc podcast that tries to do this from a Keynesian point of view? I don't get why Keynes is hated so much by bitcoiners. I don't think he was wrong. government intervention in economic crisis is good imho. what governments worldwide did not do was the other thing that is part of keynes theory: in healthy economic periods governments should save capital in order to have dry powder for the next crisis. the governments just kept spending and printing more money.

That's a pretty easy one... I should read ahead since it may have been answered better than I will.

But I would say the reason why is Keynesian systems basically work on debt and constant monetary inflation in the hopes among other things to increase velocity.  Case in point negative interest rates... a Keynesian end game measure that makes no sense until you understand they are useful to keep people from SAVING value.  At least in the monetary system that is run that way.  The encourage spending, and the creation of more debt which increases monetary velocity, and supposedly also creates better "wealth distribution".

Bitcoin on the other hand is at it's very core kind of anti Keynesian.  Absolutely hard with a known cap.  It encourages people to store value and save.  And would arguably decrease monetary velocity.  Paul Krugman is a Keynesian.  And he hates bitcoin because it goes against all of what he believes as the right monetary policies.

I am not saying that there can't be Keynesian bitcoiners.  Some people here are Keynsian whether they know it or not... But Bitcoin is definitely a polarizing force.

If you are a leftist you will find a lot of what Keynesian systems prioritize meshing with your values... It is also why so many libertarians got into bitcoin early.

I do not disagree with anything that you say, cAPSLOCK.

I do find a bit of tension between bitcoin and some of the values that seem to underly the debt-ridden systems that seem to have gotten themselves into bigger and BIGGER messes with the passage of time. 

I don't want to claim to be any kind of philosopher either, but sometimes, it seems to me that some folks seem to equate all state actions with irresponsibility, and none of us can really deny that the level of corruptness that seems to have come from the current status of money printing causes the state to get blamed for everything - and then the solutions seem to be anti-state - and really I have difficult times believing that all societal problems are going to get resolved through voluntary-isms... so in some sense there seems to be some needs for public oriented institutions to take care of and ration public issues / resources that would not likely get resolved with pure volunary-ism systems.

So merely because states have been irresponsible in their money printing does not seems to suggest, at least for me, that their are no state roles - and hopefully bitcoin can help to bring (create incentives for) some responsibility to state actors to act in the public interest. 

I would suggest that even though bitcoin maximalist may have strong libertarian tendencies, there still are various gradations of ideas and even gradation of recognition of needs for the state - even if many folks will ongoingly get frustrated with various actions of the state and even individual players who are abusive when they are in governmental roles and they are supposed to be representing public interests rather than their own or some more narrow interests that conflict with broader public concerns/preferences.
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October 20, 2020, 02:35:31 AM
Merited by OutOfMemory (1)

I use BTCPay on our website. It integrates easily with Woocommerce.

Cool, just found this open source PoS project for BTCPay:  https://github.com/arcbtc/M5StackSats

We're still early days here but the new Breez wallet announcement gives me a lot of faith that Lightning is nearly ready for everyone.

Nice. But we need NFC payment so we can distribute something like these to people on board:

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