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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26751428 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. (174 posts by 1 users with 9 merit deleted.)
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May 22, 2023, 05:01:19 PM


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JimboToronto
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May 22, 2023, 05:02:32 PM
Last edit: May 22, 2023, 05:34:34 PM by JimboToronto
Merited by NeuroticFish (2), Volgastallion (2), vapourminer (1), JayJuanGee (1), jojo69 (1), coolcoinz (1), bitcoinPsycho (1), DdmrDdmr (1), psycodad (1), Gachapin (1)

Approximately 13 years ago, on this date 22 May a person named Laszlo Hanec in New York exchanged 10,000 Bitcoins (which were valued at around $25 at that time) to buy two Pizzas

Actually Laszlo Hanyecz lived in Florida.

He was a very important contributor in Bitcoin's early days, writing the code that enabled the use of GPUs to mine Bitcoin. Previously all mining was done on CPUs. This is what sparked the creation of mining-specific systems crammed with multiple videocards each sporting massive thread parallelism.

This led to a subculture of GPU mining which ruled Bitcoin mining for years until FPGAs and then ASICs took over.

Many people know him only as the Bitcoin Pizza guy. We owe him thanks for 2 things: establishing dedicated Bitcoin mining hardware, and giving Bitcoin a monetary value.

Happy Bitcoin Pizza Day Laszlo and thank you.

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May 22, 2023, 05:31:15 PM
Merited by JayJuanGee (1)

And wasn't this what the United States always asked of us?
And for that he made plans and sent millions. And, paradoxically, we did it when this clumsy, weak and inefficient Biden administration didn't

SALVADORAN MIGRANTS DECREASE BY 39.2% AT THE SOUTH BORDER


https://twitter.com/ChrisGuevaraG/status/1659950536689438721?t=W1-b67DTwF5hLpSc8jRAoA&s=19
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May 22, 2023, 06:01:57 PM
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For sure you convincingly appear to be lost yslyv... .Can "we" help you to find ur lil selfie?

You might need to spend a wee bit of time studying what is dee cornz.

And if you cannot figure it out, then maybe you might want to ask for some help.

At least you have found this forum (and this thread), so you are in a good place to start to learn about what is dee cornz.. and maybe you might want to ask some questions to some of the bitcoiners (or the longer term members here) who might be willing to help you out if you get off of your dumb ass high horse that is making vague-ass proclamations that there are plusses and minuses to each.. which largely just shows that you are lost rather than your seemingly wanting to appear as if you might objectively know something valuable that relates to the topic of this thread.

Yeah, I confess I'm a bit lost. Bear market syndrome. im happy to be in this forum as always. But when I see posts exaggerating cryptocurrencies, claiming they are better than cash, gold, or talking about crypto will save the world very soon, I am inclined to be a contrarian.

I discussed 'dee cornz' with ChatGPT, by the way. Here are some comments:  Grin.

"-The term "dee cornz" appears to be a creative or playful way of referring to "the coins," which likely means cryptocurrencies in general, with a particular emphasis on Bitcoin (as "cornz" sounds similar to "coins"). It seems to be an informal or slang term used by the person in their response.
-Regarding the term "dee cornz," it appears to be a playful and colloquial way of referring to cryptocurrencies like Bitcoin. The use of "dee cornz" is likely meant to emphasize the importance and potential value of cryptocurrencies. The statement suggests that if someone is solely focused on traditional fiat currencies (such as the dollar) and fails to recognize the issues associated with them, they may miss out on the potential advantages that cryptocurrencies like Bitcoin offer."
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May 22, 2023, 06:48:37 PM

Approximately 13 years ago, on this date 22 May a person named Laszlo Hanec in New York exchanged 10,000 Bitcoins (which were valued at around $25 at that time) to buy two Pizzas

Actually Laszlo Hanyecz lived in Florida.

He was a very important contributor in Bitcoin's early days, writing the code that enabled the use of GPUs to mine Bitcoin. Previously all mining was done on CPUs. This is what sparked the creation of mining-specific systems crammed with multiple videocards each sporting massive thread parallelism.

This led to a subculture of GPU mining which ruled Bitcoin mining for years until FPGAs and then ASICs took over.

Many people know him only as the Bitcoin Pizza guy. We owe him thanks for 2 things: establishing dedicated Bitcoin mining hardware, and giving Bitcoin a monetary value.

Happy Bitcoin Pizza Day Laszlo and thank you.



Im always gratefull to him, the fact he buy that pizzas its beyond our capacity of interpretation, because with that little buy/movement he make the whole net/coin usefull in real life for the first time in history, that was a break barrier a milestone.

And we always lack one side of the history, for there to be a buyer, there must be a seller., and i think we allways understimat the seller in this history.
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May 22, 2023, 06:51:50 PM
Merited by philipma1957 (1), Gachapin (1)

Yeah, I confess I'm a bit lost. Bear market syndrome. im happy to be in this forum as always. But when I see posts exaggerating cryptocurrencies, claiming they are better than cash, gold, or talking about crypto will save the world very soon, I am inclined to be a contrarian.

Just as people who rode horses were when some weird people were telling them them that cars would revolutionize the world. Those old, loud, smoky machines that can't even reach the speed of a horse?

I could even argue that we aren't in a bear market anymore, but in a limbo between markets.
Technically speaking, a bear market marks constant lower lows, while bull market marks higher highs. What if there are no lower lows and no higher highs and price stabilizes? Yes, for bitcoin this is a stable situation.
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May 22, 2023, 06:55:48 PM
Merited by Gachapin (1)

Yeah, I confess I'm a bit lost. Bear market syndrome. im happy to be in this forum as always. But when I see posts exaggerating cryptocurrencies, claiming they are better than cash, gold, or talking about crypto will save the world very soon, I am inclined to be a contrarian.

Just as people who rode horses were when some weird people were telling them them that cars would revolutionize the world. Those old, loud, smoky machines that can't even reach the speed of a horse?

...

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May 22, 2023, 06:59:07 PM
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Yeah, I confess I'm a bit lost. Bear market syndrome. im happy to be in this forum as always. But when I see posts exaggerating cryptocurrencies, claiming they are better than cash, gold, or talking about crypto will save the world very soon, I am inclined to be a contrarian.

Just as people who rode horses were when some weird people were telling them them that cars would revolutionize the world. Those old, loud, smoky machines that can't even reach the speed of a horse?

I could even argue that we aren't in a bear market anymore, but in a limbo between markets.
Technically speaking, a bear market marks constant lower lows, while bull market marks higher highs. What if there are no lower lows and no higher highs and price stabilizes? Yes, for bitcoin this is a stable situation.

I was trying to explain this concept last Summer fall gold was in a 200-400 usd slot for 11 years in a row.

Why not btc getting stuck in a slot for a decade?

make the argument that 4k-70k will last 10years from 2017 to 2027 or break out of that slot before 2027
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May 22, 2023, 07:01:18 PM


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yslyv
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May 22, 2023, 07:19:30 PM
Last edit: May 22, 2023, 07:48:15 PM by yslyv

Yeah, I confess I'm a bit lost. Bear market syndrome. im happy to be in this forum as always. But when I see posts exaggerating cryptocurrencies, claiming they are better than cash, gold, or talking about crypto will save the world very soon, I am inclined to be a contrarian.

Just as people who rode horses were when some weird people were telling them them that cars would revolutionize the world. Those old, loud, smoky machines that can't even reach the speed of a horse?


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May 22, 2023, 08:01:19 PM


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HI-TEC99
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May 22, 2023, 08:28:36 PM

Yeah, I confess I'm a bit lost. Bear market syndrome. im happy to be in this forum as always. But when I see posts exaggerating cryptocurrencies, claiming they are better than cash, gold, or talking about crypto will save the world very soon, I am inclined to be a contrarian.

Just as people who rode horses were when some weird people were telling them them that cars would revolutionize the world. Those old, loud, smoky machines that can't even reach the speed of a horse?




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May 22, 2023, 08:45:49 PM
Merited by JayJuanGee (1)

And we always lack one side of the history, for there to be a buyer, there must be a seller., and i think we allways understimat the seller in this history.

You mean Jercos (Jeremy Sturdivant).



https://www.bitcoinwhoswho.com/jercosinterview
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May 22, 2023, 09:01:23 PM


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May 22, 2023, 09:14:13 PM

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May 22, 2023, 10:06:19 PM
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 spam away - I might even reply.
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