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

[ChartBuddy]

Coin
Explanation

[1714154422]

1714154422

[BlindMayorBitcorn]

Bulls and bears balance each other very well atm.

Guess the next two month will become boring to an almost unbearable level.  

No, either going up to ~290$ and then slowly descending, accelerating and eventually crashing, or just crash in 4 - 5 days.

5 days until crash? We need a countdown clock pronto!

Edit: somebody reconfigure chartbuddy to do something useful

[calme]

Edit: somebody reconfigure chartbuddy to do something useful

Well, I suppose Chartbuddy could have a voting system concerning which trolls should have their accounts deleted, and only users with established accounts would have their votes count. If they really want to reconfigure it, they could integrate drones with big black dildos attached to them.

[BlindMayorBitcorn]

Edit: somebody reconfigure chartbuddy to do something useful

Well, I suppose Chartbuddy could have a voting system concerning which trolls should have their accounts deleted, and only users with established accounts would have their votes count. If they really want to reconfigure it, they could integrate drones with big black dildos attached to them.

Dude. I was just going to suggest drones

[BlackSpidy]

Hm... I dont know. I guess repeating "you're full of shit" would be a less classy way to say that... though you could say I'm curious to see what claim he will say counts as evidence/proof of what he said to be true.
Most of what he says in response can be summed up to "hard fork here, hard fork there, poof! Magic!", so I guess I should stop.

[Trolfi]

You should stop.

Can you imagine being this guys's colleague?

[adamstgBit]

Target: 270 - 275  in ~6 hours



looks even better with bitfinex chart

[Sitarow]

[Cassius]

Hm... I dont know. I guess repeating "you're full of shit" would be a less classy way to say that... though you could say I'm curious to see what claim he will say counts as evidence/proof of what he said to be true.
Most of what he says in response can be summed up to "hard fork here, hard fork there, poof! Magic!", so I guess I should stop.

Forget it. Telling him this stuff is actually useful and proving it by using it in ways you can't use fiat doesn't convince him, because of theoretical issues that don't seem to cause real world problems...

[JorgeStolfi]

I'm curious to see what claim he will say counts as evidence/proof of what he said to be true.
Most of what he says in response can be summed up to "hard fork here, hard fork there, poof! Magic!", so I guess I should stop.

No, what I said is "do a trivial hard fork, then follow the protocol".  And explained what happens. Did you even try to understand that?

Once more, that is what Gavin did to fix the OP_MUL bug years ago.  That fork actually created a clone of every bitcoin that existed at the point of the fork, that was (AFAIK) dozens of blocks earlier than the most current block at the time.  On that occasion, everybody agreed that the old protocol was broken and the current blockchain was messed up beyond repair, so everybody started mining and using Gavin's new coins on the new blockchain, and stopped extending the old blockchain; which made the original bitcoins worthless, and everybody agreed that the new bitcoins were the true ones.

(By the way, the old branch, with all the old bitcoins plus the gazillion BTC TXO, must still exist on someone's hard drive.  Someone could start mining it again, just for fun.  On that "true true blockchain",  something like ~2^64 satoshis have already been created, well beyond the intended  ~2^51 limit.  But the old pre-fork software may need a few tweaks in order to swallow that...   )

[macsga]

I'm not sure if anyone posted this yet:

Code:

Credit Suisse Publishes Paper on Bitcoin: Explores Integration with Traditional Financial System
by GIULIO PRISCO on MARCH 20, 2015 4
Mainstream banks and financial institutions are warming up to Bitcoin and digital blockchain-based fintech, 
often with a surprisingly positive and open-minded attitude.

In a recent research paper titled “One Bank Research Agenda,” the Bank of England said that Bitcoin could 
reshape the financial industry and called for further research to devise a system that could use distributed 
ledger technology without compromising a central bank’s ability to control its currency.

https://bitcoinmagazine.com/19652/credit-suisse-publishes-paper-bitcoin-explores-integration-traditional-financial-system/

Do the Swiss know more than the rest, or are the others just dumb?  

[ssmc2]

I'm not sure if anyone posted this yet:

Code:

Credit Suisse Publishes Paper on Bitcoin: Explores Integration with Traditional Financial System
by GIULIO PRISCO on MARCH 20, 2015 4
Mainstream banks and financial institutions are warming up to Bitcoin and digital blockchain-based fintech, 
often with a surprisingly positive and open-minded attitude.

In a recent research paper titled “One Bank Research Agenda,” the Bank of England said that Bitcoin could 
reshape the financial industry and called for further research to devise a system that could use distributed 
ledger technology without compromising a central bank’s ability to control its currency.

https://bitcoinmagazine.com/19652/credit-suisse-publishes-paper-bitcoin-explores-integration-traditional-financial-system/

Do the Swiss know more than the rest, or are the others just dumb?  

“Who do you trust more, your own central bank or an anonymous online network?” asks the author.

 

[ChartBuddy]

Coin
Explanation

[adamstgBit]

I'm not sure if anyone posted this yet:

Code:

Credit Suisse Publishes Paper on Bitcoin: Explores Integration with Traditional Financial System
by GIULIO PRISCO on MARCH 20, 2015 4
Mainstream banks and financial institutions are warming up to Bitcoin and digital blockchain-based fintech, 
often with a surprisingly positive and open-minded attitude.

In a recent research paper titled “One Bank Research Agenda,” the Bank of England said that Bitcoin could 
reshape the financial industry and called for further research to devise a system that could use distributed 
ledger technology without compromising a central bank’s ability to control its currency.

https://bitcoinmagazine.com/19652/credit-suisse-publishes-paper-bitcoin-explores-integration-traditional-financial-system/

Do the Swiss know more than the rest, or are the others just dumb?  

“Who do you trust more, your own central bank or an anonymous online network?” asks the author.

 

conclusion, everyone is just dumb

In b4 they smarten up

[spooderman]

who do you trust more regarding an accurate recollection of history? A larger group, or a smaller group?

[SilenceOfTheLamb]

who do you trust more regarding an accurate recollection of history? A larger group, or a smaller group?

Depends on a whole bunch of stuff, I suppose

[michaelGedi]

who do you trust more regarding an accurate recollection of history? A larger group, or a smaller group?

everybody knows the answer is the smaller group 

[hmmkay]

who do you trust more regarding an accurate recollection of history? A larger group, or a smaller group?

As long as large groups can be easily influenced by the media, smaller groups.

[JorgeStolfi]

who do you trust more regarding an accurate recollection of history? A larger group, or a smaller group?

As long as large groups can be easily influenced by the media, smaller groups.

But aren't smaller groups easily influenced by smaller media?  

[michaelGedi]

who do you trust more regarding an accurate recollection of history? A larger group, or a smaller group?

As long as large groups can be easily influenced by the media, smaller groups.

But aren't smaller groups easily influenced by smaller media?  

how small?