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Question: Did we reach the bottom already?
Yes - 60 (50%)
No, it's coming later this year - 44 (36.7%)
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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 25778134 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 5 users with 9 merit deleted.)
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Balls of steel. This time is different.


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October 18, 2020, 10:01:06 PM

Kucoin hacked, Owner of Bitmax faced criminal charge, OKEx suspended withdrawals. There were so many reasons for a dump. But bitcoin still stays strong  Wink I remember what would happen if we face such things in 2017 2018  Cheesy

That's called scarcity...  Grin Grin Grin Cool
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October 18, 2020, 10:38:37 PM

Good day Bitcoinland.
One one four six three dollars
(Bitcoinaverage).

No Sunday rally
To break the doldrums this week.
Sideways yet again.

And so life goes on
Perpetually forward
In the way you choose.
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October 18, 2020, 11:28:25 PM
Merited by 600watt (1)




those eyes...that smile...it might be love



--------


dont know much about this now but it looks interesting enough    #dyor


think most of this has been seen but a refresh can be nice once in a blue moon

https://seekingalpha.com/article/4379606-next-phase-for-bitcoin




Quote
Summary

Carlota Perez's Technological Revolutions and Financial Capital is a framework that divides technological paradigm shifts into installation and deployment phases.

Recent developments support the idea that we are moving into the deployment phase for bitcoin.

This will lead to widespread adoption of bitcoin as an asset class, and an ecosystem of business necessary to allow institutions to invest in it.

A large amount of institutional capital will move into a small market driving prices higher.

#stronghands



--------

#hiakusundays

Hiakuless spin
Looking upwards to the stars
Smiles filling my soul
marcus_of_augustus
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Eadem mutata resurgo


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October 19, 2020, 04:17:14 AM


Quote
Thus, God himself wills it—and/or God is powerless to intervene against it—and/or God does not know the future, such that he can stop evil from occurring.


Do not fret because of those who are evil
or be envious of those who do wrong;
for like the grass they will soon wither,
like green plants they will soon die away.

Trust in the Lord and do good;
dwell in the land and enjoy safe pasture.
Take delight in the Lord, and he will give you the desires of your heart.

Commit your way to the Lord;
trust in him and he will do this:
 
He will make your righteous reward shine like the dawn,
your vindication like the noonday sun.
 
Be still before the Lord
and wait patiently for him;
do not fret when people succeed in their ways,
when they carry out their wicked schemes.
 
Refrain from anger and turn from wrath;
do not fret—it leads only to evil.
 
For those who are evil will be destroyed,
but those who hope in the Lord will inherit the land.

A little while, and the wicked will be no more;
though you look for them, they will not be found.
But the meek will inherit the land
and enjoy peace and prosperity.
 
The wicked plot against the righteous
and gnash their teeth at them;
but the Lord laughs at the wicked,
for he knows their day is coming

 

... pleasant sentiment but it's a lot like the Fermi paradox "Where is he?"

... for as long as I've been alive wicked people have run amok on the Planet. Looking back in history I don't really seen it has been a whole lot different.

... hope is not a plan.
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October 19, 2020, 04:25:18 AM

Saylor brought us hope.


it belongs to bitcoin now. https://twitter.com/michael_saylor/status/1317441784109203457


Quote
In these challenging times, #Bitcoin represents hope to billions of people in need of an instrument of economic empowerment. Accordingly, we have redirected the hope domain to the #Bitcoin Education section of our website. Spread the word - #Bitcoin is http://hope.com

 Cheesy

edit: typo
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ESG, KYC & AML are attack vectors on Bitcoin


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October 19, 2020, 06:10:36 AM
Merited by 600watt (1), Karartma1 (1), AlcoHoDL (1), Last of the V8s (1), Toxic2040 (1)

since summer I made it a habit to listen to bitcoin podcasts. the amount of good content about bitcoin is impressive. let´s take Guy Swann as an example. he has spit out more than 400 episodes, mainly just reading essential bitcoin pieces but also good interviews and talks. it just lately dawned on me that he got in bitcoin around 2017. and lots of really good writings about bitcoin were created by folks who got into bitcoin 2018 or even later.

in a time period where I contemplated how I can fire up my full node those guys learned about bitcoin, jumped down the rabbit hole, went all-in, started to live and breathe bitcoin, started to work for bitcoin, started to educate others about bitcoin and got to a position where I can learn from them about bitcoin.

I always thought being active in this forum and checking for bitcoin related news would sort of keep me up to date. but fuck no, I have to admit that this isn't the case. intellectual laziness spotted.

not only has my knowledge and insight about bitcoin gotten deeper, in addition my attitude towards and believe in bitcoin has improved. I don't think I was ever that confident about the future of bitcoin.

also, it seems that folks that got in later are able to learn quicker than it was possible for example in 2013. they seem to start on a different foundation.

here are some examples of good bitcoin podcasts.

https://bitcoinaudible.com/

https://citizenbitcoin.world

https://swansignalpodcast.com

https://www.whatbitcoindid.com

https://talesfromthecrypt.libsyn.com


which podcasts can you recommend?


Besides those listed by VB1001 in this link,
I will also add:

Bitcoin Rapid-fire by John Vallis

Bitcoin takeover Podcast by Vlad Costea


On The Brink with Castle Island


Total Bitcoin by Keyvan Davani

Reckless Review by Udi Wertheimer and Lawrence Nahum

The Unhashed Podcast by Private Key Publishing
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October 19, 2020, 06:13:15 AM

Election time is coming. So nobody will go in a high risk position. I don't think we will see any sharp moves for 2 weeks more. We can enjoy life a bit with less positions.

Btw crazy thing is really vaccine announcement is depend on elections? Since Trump is using that argument to get more votes.

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October 19, 2020, 06:53:44 AM

Consciousness expands
Psilocybin mushroom quest

I always loved shrooms
in unoccupied nature
and LSD too

Drugs tell no truths.  They do not “expand” consciousness, but dissolve it.  They can turn you into a superstitious nitwit, with voluntarily self-inflicted mental retardation plus schizophrenia.  That is all.



Don’t get me wrong.  Self-harm and suicide are absolute rights, abrogated only by the worst of slave states.  The solution to drug abuse is to give users more drugs; it is cleansing, and even eugenic.

...self-limiting problem...

Have a nice trip! ☠
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October 19, 2020, 07:26:34 AM

then they fight you...

https://twitter.com/BitcoinBabeAU/status/1317959595667513344
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October 19, 2020, 07:58:33 AM
Merited by strawbs (2), vapourminer (1), JimboToronto (1), Hueristic (1), 600watt (1), Arriemoller (1)

They can turn you into a superstitious nitwit

No more superstitious than somebody who has never experienced psychedelics for themselves but label them as "bad" without fully understanding them.

Psychedelic drugs aren't addictive and can be quite educational if you let them work their magic.

Don't knock it until you've tried it.
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October 19, 2020, 08:01:36 AM

Bitcoin will win when we all will start thinking in BTC terms only. Paying in sats, asking for sats, doing channels with the grocery store, the pub, the cabman etc. Until those days there will be no mercy from financial incumbents.
my 2 sats

regarding podcasts and such, thank you all I merited here and there but........my god that's loads of listenings!  Grin
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October 19, 2020, 08:03:13 AM
Merited by JayJuanGee (1), Toxic2040 (1), strawbs (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. when someone first hears about bitcoin it seems overwhelmingly complicated. when going down the rabbit hole and one "gets it" it seems to be actually not that complicated at all: a global ledger on a peer2peer network telling us who owns what that gets audited every 10 minutes and is neither forgeable nor stoppable. but when you go down deeper the details, structures, principles, incentives and emerging functionalities again do get overwhelmingly complex.

I can only recommend to all of you, no matter how long into the space: dig deeper down the rabbit hole, it is rewarding. the protocol may need to ossify, but not your brain.



Quote


.5) The Bad crypto podcast (about half of their episodes are bitcoin, and half shitcoins and other nonsense)


1) Bitcoin & Markets

2) Bitcoin and....

3) bitcoin echo chamber

4) The bitcoin knowledge podcast

5) The bitcoin network podcast (they do deviate from bitcoin quite a bit, so maybe only 1/2 to 1/3 of their podcasts are focused)

6) bitcoinmeister (he is a bit repetitive in his bitcoin mantras, but at least, he does admit that you should attempt to listen to some of his content at 2x... hahahahaha)

7) bottomshelf bitcoin

8..) citizen bitcoin

9) crypto & grill

10) crypto cousins

11) crypto voices

12) the cryptoconomy podcast

12.5) fun with bitcoin

13) the let's talk bitcoin network (only about half of these are good.. they get into some shitcoins, but the good ones tend to be a) the main podcast, b) what bitcoin did c) bitcoin magazine d) oone or two others

14) noded bitcoin podcast

15) the pomp podcast

16) pov crypto podcast (two hosts, one is a bitcoin maximalist and the other is an ethereum promoter.. )
reckless review (very infrequent)

17) rekt podcast (they are a bit more fooling around, and sometimes distracted into shitcoins, but they generally seem to appreciate bitcoin)

18) stephan livera podcast

19) tales from the crypt

20) unchained - some shitcoin deviance

21) unconfirmed - some shitcoin deviance

22) world crypto network




- The Bad crypto podcast https://badcryptopodcast.com/

- Bitcoin & Markets https://bitcoinandmarkets.com/

- Bitcoin echo chamber https://bitcoinechochamber.com/

- The bitcoin knowledge podcast https://www.bitcoin.kn/

- The bitcoin network podcast https://thebitcoinpodcast.com/

- Bitcoinmeister https://player.fm/series/2540016

- Bottomshelf bitcoin https://anchor.fm/bottomshelfbtc

- Citizen Bitcoin https://citizenbitcoin.world/

- Crypto & Grill https://www.listennotes.com/podcasts/crypto-grill-cryptoandgrill-szVfuj_FecH/

- Crypto Cousins https://cryptocousins.com/crypto-cousins-podcast/

- Crypto Voices https://soundcloud.com/cryptovoices

- The Cryptoconomy https://anchor.fm/thecryptoconomy

- Fun With Bitcoin https://anchor.fm/funwithbitcoin

- Noded Bitcoin https://noded.org/

- The pomp https://podcasts.apple.com/us/podcast/the-pomp-podcast/id1434060078

- Pov Crypto https://povcryptopod.libsyn.com/

- Rekt podcast https://www.rektpodcast.com/listen-1

- Stephan Livera https://stephanlivera.com/

- Tales From the Crypt https://talesfromthecrypt.libsyn.com/

- Unchained https://unchainedpodcast.com/

- Unconfirmed https://unconfirmed.libsyn.com/

- World Crypto Network https://podcasts.apple.com/us/podcast/the-world-crypto-network-podcast/id825708806

- Bitcoin Podcast https://www.lopp.net/bitcoin-information/podcasts.html

- Blockdigest https://www.youtube.com/channel/UCb53lXz2IzEFT5JNHSbdvPg/videos

- Cryptoconomy https://twitter.com/TheCryptoconomy

- Messari Crypto Podcasts  https://messari.io/resource/crypto-podcasts

- aantonop  https://www.youtube.com/channel/UCJWCJCWOxBYSi5DhCieLOLQ

- CoinDesk Podcast Network https://podcasts.apple.com/us/podcast/late-confirmation-by-coindesk/id1414384043

You can summarize every podacst you hear in a post, we will read it carefully. Cool

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October 19, 2020, 08:19:22 AM
Merited by JayJuanGee (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
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If you don’t do PGP, you don’t do crypto!


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October 19, 2020, 08:19:43 AM

They can turn you into a superstitious nitwit

No more superstitious Infinitely more rational than somebody who has never experienced psychedelics for themselves but label them as "bad" without fully understanding irreparably damaging one’s own abilities of ratiocination with them.

Psychedelic drugs aren't addictive —“oh, yes, I can stop forever anytime I want!”— and can be quite educational conducive to detaching oneself from reality, so as to live in a fantasy— if you let them work their magic menticide.

Don't knock it until you've tried it intentionally made yourself psychotic and thus, compromised your own judgment to the degree that you should not trust yourself, and others should definitely distrust you.

FYFY.  Your advice cheap rationalization of your own stupidly self-destructive behaviour is duly filed in “taken under advisement”. 🗑️



Who the fuck would be sufficiently moronic to believe the opinion of somebody who has used hallucinogenic substances, on the subject of hallucinogenic substances?  (No, wait.  Don’t answer that.  Robots, faster—please!)
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October 19, 2020, 08:23:47 AM

Let's see the retrospective charts with latest Election day, in 2016

There is uncertainly before the Election day and after it. Trump will not leave WhiteHouse immediately after the Election day and he has months to do something with his President power. Let's skip the future scenarios and do retrospective findings on how Bitcoin (in price and volume) changed before and after the Election day 4 years ago (in 2016).


Price increased and volume rose too. The question is "Will the history repeat its steps?". I don't know and the conditions from SES (socialeconomic status) to public health problems and political environment in this year is very different than in 2016.
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October 19, 2020, 08:26:14 AM
Merited by JimboToronto (1)

nullius, all you are doing is highlighting your ignorance of the subject. have a fantastic morning.
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October 19, 2020, 09:00:04 AM
Last edit: October 19, 2020, 09:12:10 AM by 600watt
Merited by JayJuanGee (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.
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what is this "brake pedal" you speak of?


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October 19, 2020, 10:10:21 AM
Last edit: October 19, 2020, 10:26:21 AM by vapourminer
Merited by JayJuanGee (1)

... 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.
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October 19, 2020, 10:49:30 AM
Last edit: October 19, 2020, 11:02:22 AM by strawbs
Merited by OutOfMemory (1)

Consciousness expands
Psilocybin mushroom quest

I always loved shrooms
in unoccupied nature
and LSD too

Drugs tell no truths.  They do not “expand” consciousness, but dissolve it.  They can turn you into a superstitious nitwit, with voluntarily self-inflicted mental retardation plus schizophrenia.  That is all.



Don’t get me wrong.  Self-harm and suicide are absolute rights, abrogated only by the worst of slave states.  The solution to drug abuse is to give users more drugs; it is cleansing, and even eugenic.

...self-limiting problem...

Have a nice trip! ☠

Anyone who uses the word "drugs" to describe naturally occuring psilocybin clearly has absolutely no idea what they are talking about, and probably categorizes marijuana and heroin as equally "bad" because the TV told them so.
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what is this "brake pedal" you speak of?


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October 19, 2020, 10:59:22 AM

Anyone who uses the word "drugs" to describe naturally occuring psilocybin clearly has absolutely no idea what they are talking about, and probably categorizes marijuana and heroin as equally "bad" because the TV told them so.

reefer madness from 1936 - the one the usa government made. grab a fattie and enjoy.

https://www.imdb.com/title/tt0028346/

plus the SNL skit on the pot police (dont know what the skit was called). Dan Aykroyd and John Belushi i believe.

great stuff
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