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

[ChartBuddy]

Coin
Explanation

[1714064847]

1714064847

[1714064847]

1714064847

[dewdeded]

Regarding yesterday, the consensus algorithm topic interest me very much. I am of the opinion that PoW massive wastage of energy and leads to dangerous centralization of mining. Nevertheless, I see many posters, I respect, who prefer PoW. So I made a thread about this, in the Tech Discussion section.
See https://bitcointalk.org/index.php?topic=1011906, topic: "Why do most known experts and widly-respected poster prefer PoW over PoS & PoI?".

[inca]

Shorts up to 25,000.

Looks like this latest mini dump to erase the bid side orderbook and try and get momentum selling into the 240's was mainly new shorts being opened.

Fireworks soon. Hopefully we get a single market order on finex to squeeze the 11,000 new short contracts opened in the last 2 weeks.

[luckygenough56]

Regarding yesterday, the consensus algorithm topic interest me very much. I am of the opinion that PoW massive wastage of energy and leads to dangerous centralization of mining. Nevertheless, I see many posters, I respect, who prefer PoW. So I made a thread about this, in the Tech Discussion section.
See https://bitcointalk.org/index.php?topic=1011906, topic: "Why do most known experts and widly-respected poster prefer PoW over PoS & PoI?".

people prefer whatever tech they are invested in, simple as that, that's why they don't want to let go pow despite awful energy wastage

[JimboToronto]

http://siliconangle.com/blog/2015/01/26/colorado-man-facing-5-years-jail-for-buying-and-selling-bitcoin-without-a-license/

http://www.jmwagner.com/

Wow. Consider me speechless, and now very angry.

Thank heavens I don't live in the USA.

Land of the free? Yep, highest incarceration rate in the world, mostly for minor herb offenses and/or political stances that run counter to the military-industrial complex and their chosen enterprises.

Home of the brave? More like home of the militarily emboldened, who are as happy abusing their own populace as meddling in the affairs of other sovereign states.

What kind of worthless regime cares more about the military than public health care?

I wouldn't care and would just put the USA on my list of countries never to visit except I have family there and I worry for their lives and freedom.

Also, I lived there for a half year back in 1968 when it still was basically a free country and it saddens me to see how low it has sunk. Pity.

Just be careful if you plan on contributing to the Wagner defense fund. It will probably be treated the same as Snowden donations, an excuse for them to steal anything you own.

Ugh. Totally disgusting.

[ChartBuddy]

Coin
Explanation

[luckygenough56]

prep your angus jail is coming  

[Ezmoneyezlife]

I've been thinking, and it seems the bitcoin market is really really hyped up, but bitcoin's actual uses: a small pool of gamblers and addicts. That is it. Until it is used for real buying and selling (which it is not in the least bit) I think the price could go to as low as $20-$50.

+1

Yep, but the real btc price for now is above 100$, but lower then 150$ imo, so this range is going to be tested pretty soon, chinese wash volume wont help to avoid it.

[JorgeStolfi]

Popcorn excuse from a newly elected board member of the Bitcoin Foundation:
http://www.reddit.com/r/Bitcoin/comments/31e6jh/the_truth_about_the_bitcoin_foundation/

[rpietila]

http://siliconangle.com/blog/2015/01/26/colorado-man-facing-5-years-jail-for-buying-and-selling-bitcoin-without-a-license/

http://www.jmwagner.com/

Wow. Consider me speechless, and now very angry.

Thank heavens I don't live in the USA.

Land of the free? Yep, highest incarceration rate in the world, mostly for minor herb offenses and/or political stances that run counter to the military-industrial complex and their chosen enterprises.

Home of the brave? More like home of the militarily emboldened, who are as happy abusing their own populace as meddling in the affairs of other sovereign states.

What kind of worthless regime cares more about the military than public health care?

I wouldn't care and would just put the USA on my list of countries never to visit except I have family there and I worry for their lives and freedom.

Also, I lived there for a half year back in 1968 when it still was basically a free country and it saddens me to see how low it has sunk. Pity.

I will give half of what I own, if the USA is restored to even the level of freedom it enjoyed in 1968.

- No money laundering laws  (you had some control over your financial privacy, comparable to physical reality so that you have a reasonable assurance that you are shot only if you first do it to others; the same reason it used to be safe to encounter cops or anyone else on the streets despite that many carried lethal force).

- No legislation on substances or food (you had control over what to eat and how)

- No legislation on firearms. (They exist to keep the government in control, so the government has amassed more weapons that the entire rest of the world to keep its own citizens in control - scared, or what? Libya is a rare example of a country to have disbanded its military because it did not have anything to fear from its citizens. <- Was. )

Divine intervention does not count. In this case 100% of my wealth is reaffirmed to belong to God.  

[ChartBuddy]

Coin
Explanation

[sAt0sHiFanClub]

I've been thinking, and it seems the bitcoin market is really really hyped up, but bitcoin's actual uses: a small pool of gamblers and addicts. That is it. Until it is used for real buying and selling (which it is not in the least bit) I think the price could go to as low as $20-$50.

say it to the rich people that invest million in bitcoin start ups...

But most of those will profit from the bubbles created by flag wavers on this forum. They have no long term interest in it. Rich poeple get rich by understanding markets and understanding how assets make money. They get rich by knowing the difference between a currency ( a medium of value exchange) and an asset. Most people on here believe "a bitcoin" is "an investment" to be "hodled" until you can buy small planets with it in the future.

Rich people know there's real money to be made from people like this.

[JimboToronto]

- No legislation on firearms. (They exist to keep the government in control, so the government has amassed more weapons that the entire rest of the world to keep its own citizens in control

I thought the whole idea of the right to bear arms in the US (at least according to Thomas Jefferson) was to maintain a militia specifically to keep the government from getting too big for its britches.

It wasn't so that rednecks could shoot trespassers. It was to shoot soldiers of a corrupt government.

Unfortunately that seems lost now.  It's now illegal to possess the kind of weaponry that will put up any real resistance against modern military arms. Talk about bringing a knife to a gunfight. How about bringing a hunting rifle to modern warfare?

I'm a little older than you and was a child of the post-WW2 era, but I'm sure as a Finn you heard stories of bravery against Stalin's Russia. When you live in the shadow of the kind of regime that annihilates dissidence and imprisons its own citizenry wholesale, it gets a tad scary.

[empowering]

$10-$20 dollars because rich people selling and potheads buying, oh and horoscopes...

Got it.

[sAt0sHiFanClub]

http://siliconangle.com/blog/2015/01/26/colorado-man-facing-5-years-jail-for-buying-and-selling-bitcoin-without-a-license/

http://www.jmwagner.com/

Jeezus! This fkn sucks

Tell that to mybitcoin.com users.

it was an online wallet. it ran off with everyones money. those people that used it, including Bruce, were stupid. sorry to say.

And Bruce was the only that got his money back. But it was only 25K BTC at an exchange rate higher than it is today. The act of kindness did show that Tom Williams had a heart, but he quickly came to his senses and kept the rest on deposit. Shortly thereafter, Bruce and Ed went to Pattaya and made a many young boys very, very happy with their infamous three-prong attack.

How are they connected?  I thought his name was Burt.

[ChartBuddy]

Coin
Explanation

[Miz4r]

http://siliconangle.com/blog/2015/01/26/colorado-man-facing-5-years-jail-for-buying-and-selling-bitcoin-without-a-license/

http://www.jmwagner.com/

Jeezus! This fkn sucks

Tell that to mybitcoin.com users.

it was an online wallet. it ran off with everyones money. those people that used it, including Bruce, were stupid. sorry to say.

And Bruce was the only that got his money back. But it was only 25K BTC at an exchange rate higher than it is today. The act of kindness did show that Tom Williams had a heart, but he quickly came to his senses and kept the rest on deposit. Shortly thereafter, Bruce and Ed went to Pattaya and made a many young boys very, very happy with their infamous three-prong attack.

How are they connected?  I thought his name was Burt.

The man in that article looks clearly like the infamous Bruce Wagner. Many claim to have been scammed by him and being involved in dubious practices, so I dunno maybe there is good reason for him being arrested.

[gentlemand]

http://siliconangle.com/blog/2015/01/26/colorado-man-facing-5-years-jail-for-buying-and-selling-bitcoin-without-a-license/

http://www.jmwagner.com/

Jeezus! This fkn sucks

Tell that to mybitcoin.com users.

it was an online wallet. it ran off with everyones money. those people that used it, including Bruce, were stupid. sorry to say.

And Bruce was the only that got his money back. But it was only 25K BTC at an exchange rate higher than it is today. The act of kindness did show that Tom Williams had a heart, but he quickly came to his senses and kept the rest on deposit. Shortly thereafter, Bruce and Ed went to Pattaya and made a many young boys very, very happy with their infamous three-prong attack.

How are they connected?  I thought his name was Burt.

The man in that article looks clearly like the infamous Bruce Wagner. Many claim to have been scammed by him and being involved in dubious practices, so I dunno maybe there is good reason for him being arrested.

The article takes a photo from here https://www.youtube.com/watch?v=cVabnqRj_8I

That's a Bruce Wagner, the infamous one, so it looks like it's the same guy.

[ChartBuddy]

Coin
Explanation

[Miz4r]

http://siliconangle.com/blog/2015/01/26/colorado-man-facing-5-years-jail-for-buying-and-selling-bitcoin-without-a-license/

http://www.jmwagner.com/

Jeezus! This fkn sucks

Tell that to mybitcoin.com users.

it was an online wallet. it ran off with everyones money. those people that used it, including Bruce, were stupid. sorry to say.

And Bruce was the only that got his money back. But it was only 25K BTC at an exchange rate higher than it is today. The act of kindness did show that Tom Williams had a heart, but he quickly came to his senses and kept the rest on deposit. Shortly thereafter, Bruce and Ed went to Pattaya and made a many young boys very, very happy with their infamous three-prong attack.

How are they connected?  I thought his name was Burt.

The man in that article looks clearly like the infamous Bruce Wagner. Many claim to have been scammed by him and being involved in dubious practices, so I dunno maybe there is good reason for him being arrested.

The article takes a photo from here https://www.youtube.com/watch?v=cVabnqRj_8I

That's a Bruce Wagner, the infamous one, so it looks like it's the same guy.

So Bruce Wagner was operating under two different names in the Bitcoin community? I see both Burt Wagner and Bruce Wagner mentioned a lot as scammers on this forum, but it seems like they pretended to be totally different persons? Bruce was supposed to be involved in the mybitcoin.com scam and he has a site called bitcoinme.com now which is awfully similar.. Also the article is old news from January this year and Bruce was arrested in October 2014, so we're probably talking about something that has been discussed to death already lol.