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

[Elwar]

Now I also am not advocating anarchy

I am. I don't think people need rulers in order to get along.

[HI-TEC99]

Now I also am not advocating anarchy

I am. I don't think people need rulers in order to get along.

I admire the idea, which requires a morality and respect for truth, but without the existence and enforcement of law individual rights would again be sacrificed to mobs, bullies, cartels, and bullies in general.  

Now I am a fan, so don't get me wrong.  I want the smallest government possible, in order to protect individual rights of individuals, and I see centralized ANYTHING as evil in outcome, but humans aren't ready for no laws and enforcement,,,yet.

So do you want an an anarcho-syndicalist government where we take it in turns to act as a sort of executive officer for the week, where all the decisions of that officer have to be ratified at a special biweekly meeting, by a simple majority in the case of purely internal affairs?

ARTHUR: Then who is your lord?

WOMAN: We don't have a lord.

ARTHUR: What?

DENNIS: I told you. We're an anarcho-syndicalist commune. We take it in turns to act as a sort of executive officer for the week.

ARTHUR: Yes.

DENNIS: But all the decisions of that officer have to be ratified at a special biweekly meeting.

ARTHUR: Yes, I see.

DENNIS: By a simple majority in the case of purely internal affairs,--

ARTHUR: Be quiet!

DENNIS: --but by a two-thirds majority in the case of more--

ARTHUR: Be quiet! I order you to be quiet!

WOMAN: Order, eh -- who does he think he is?

ARTHUR: I am your king!

WOMAN: Well, I didn't vote for you.

ARTHUR: You don't vote for kings.

[JayJuanGee]

I don't care what "ism" you are talking about, anytime concerns about a conceptual group are placed above the concerns of actual individuals, it's going to be a bad time.

That is why out of all of the isms, nepotism, narcism and individualism are the best...       and, yeah, right libertarianism.. nutjobs who say let's get rid of all social and governmental systems for the sake of supposed individual freedom   

Ok, so we've established that Marine Le Pen's performance in the French polls could affect the price of Bitcoin, yes?  

Anyone here remember Bitcoin?  

Mooooon!!!!!!!!!!!!!!!

Still seems to be regrouping with slight upwards price pressures, but not really enough upwards price pressures to lend any level of significant confidence in respect to an upwards breakout.

How should we describe our current price range?  It's unclear, but maybe $870 to $935  - and more lingering towards the upper ends of the range?  

So maybe breaking either above $950 or below $850 would be significant - and since we are closer towards $950, therefore, it is kind of seeming that the odds are a bit better to break in that upwards direction.. any thoughts to the contrary?

[K~Ehleyr]

I agree JJG.  I can't get away from the feeling that something big is coming, and it does look more likely that the breakout will be upwards.  I'm fuelled up 

[Bitmore]

Now I also am not advocating anarchy

I am. I don't think people need rulers in order to get along.

In principle I couldn't agree more, but we are dealing with humans here, and some 'authority' has to determine if, when and who those principles are being applied to. 
It assumes no evil doers. 
What happens when someone unjustly claims self defense? Someone has to enforce the principles, is my point.

[Bitmore]

I agree JJG.  I can't get away from the feeling that something big is coming, and it does look more likely that the breakout will be upwards.  I'm fuelled up 

I think something very big is going to happen.  Unfunded liabilities like SS, Medicaid, Medicare, and the shaky ground that a couple hundred TRILLION of $ of bank derivatives balance on... On the radio just today someone was claiming the EURO was going to collapse within 18 months.  Also several Euro-zone countries are either thinking of exiting, or possibly experiencing a economic collapse.  In addition, dozens of other countries are on the economic edge of collapse.  This could all fall apart quickly, Gold could be confiscated again, in==at which point Bitcoin is not going to the moon, but Mars.

Very bad, but not for those who invest in the financial lifeboat for value. 

Sad, but...

We will laugh as the world burns!

[mymenace]

Bitcoin is an example if Direct democracy

Direct democracy (also known as pure democracy) is a form of democracy in which people decide (e.g. vote on, form consensus on) policy initiatives directly


Banks did not choose the currency Bitcoin, Politicians did not choose the currency bitcoin, representatives of the people did not choose bitcoin and government did not choose bitcoin as a form of currency


Bitcoin was the will of the people choosing their own currency via Direct democracy


The great experiment, Bitcoin, that worked based on 10's of thousands of years of direct democracy in other communities

[600watt]

Good morning Bitcoinland.

Still flat sideways in $880-$930 range... currently $924 USD (Bitcoinaverage).

Maybe the weekend will bring some real movement.

Elwar,

since you just applied Goodwins law to this thread, in a way that is completely unrelated to wall observing BTC/USD tracking. I will just ask you to do us a favor.

Please, do not never ever breed.

You've gotta cut Elwar some slack. I think he's American.

Americans seem to have a different definition of "socialist" from the rest of the world. Due to media brainwashing and perhaps a less-than-optimal educational system, many Americans seem to think that socialists and fascists are the same, rather than being bitter enemies. They don't realize that fascism is a right-wing phenomenon while socialists are left-wing.

They tend to call "centralized government" what the rest of the world sees as civil infrastructure. They also like to think of a heavily incarcerated civilian population and government data-mining as "freedom" or "liberty".

 

you are right. in the u.s. the "socialist" part in the name of the NSDAP gets emphazised. there it is a well established thought that fascism and socialism are similar.

in germany no one thinks like that. it is a well shared general view here that those two ideologies were opposite to each other. and hey, we invented this fuck up, so we should know..    

socialists/communists and fascists were bitter enemies.

the socialist or liberal stuff like health insurance was invented in germany not by the socialists but by bismarck a very conservative guy who actually founded the Deutsche Reich in the 19th century. the fascists wanted to end workers rights, they outlawed unions, murdered union leaders. 

[bitcoinvest]

I agree JJG.  I can't get away from the feeling that something big is coming, and it does look more likely that the breakout will be upwards.  I'm fuelled up 

You speak in general something big is coming or just referring to something big is coming regarding the price of Bitcoin?

[K~Ehleyr]

I agree JJG.  I can't get away from the feeling that something big is coming, and it does look more likely that the breakout will be upwards.  I'm fuelled up 

You speak in general something big is coming or just referring to something big is coming regarding the price of Bitcoin?

I mean regarding the price of Bitcoin    In general just getting out of bed is something big for me 

[conspirosphere.tk]

in germany no one thinks like that. it is a well shared general view here that those two ideologies were opposite to each other. and hey, we invented this fuck up, so we should know..  

Because ze Germans are now brainwashed and cuckified beyond belief.

[Fatman3001]

I think you are confused as to what is 'left wing' versus 'right wing'.   
IF you use the scale of government control over the individual, and the sacrifice of individual rights 'for the good of the whole (collective)" then fascism and socialism are indeed on the same side as totalitarianism, as opposed to free market libertarians wanting as little government control as possible, thus gravitating toward anarchism, or no laws or government control.

He is not confused. The right wing/left wing spectrum just takes some weird turns in certain parts of US society. People outside the US are used to a spectrum consisting of, from left to right: Communist/Anarchists (Dark Red), Social Democrats (Red), Social Liberals (Light Blue/Yellow/Green), Conservatives (Blue), Liberals (Dark Blue), Nationalist Conservatives (Light Brown), Fascists (Dark Brown)

Please note that it is normal to make a clear distinction between mainstream right wing parties and the far right. In Europe and elsewhere politicians on the mainstream right will often warn about the danger to society the far right poses in the same way the left wing parties do. It's a fairly uncontroversial way of viewing the political spectrum.

*With the advent of Anarcaps one could say that there is a right wing strand to Anarchism, but as it basically throws away the whole concept of government it really doesn't matter.

*One movement you will find in many countries which is not included here is The Green Party. That's because it's basically a single issue party and their overall policy will vary wildly from socialists to liberals.

There is a lot of revisionist history going on today.  Hitler and Stalin were in fact allies,,, until Hitler betrayed him and invaded poland and headed toward Stalingrad and Moscow.   In fact, the death camps were a Soviet design by some accounts.  Stalin and the USSR was left of Hitler Germany, but both were far left of any free market, individual rights respecting democracy.

A non-agression pact is not the same as an alliance. Furthermore, the Nazi concentration camp system was based on the camps Imperial Germany had used in Namibia.

[conspirosphere.tk]

I agree JJG.  I can't get away from the feeling that something big is coming, and it does look more likely that the breakout will be upwards.  I'm fuelled up 

maybe that the hacked bitfinex coins started moving?
https://www.reddit.com/user/MrChrisJ

[Fatman3001]

in germany no one thinks like that. it is a well shared general view here that those two ideologies were opposite to each other. and hey, we invented this fuck up, so we should know..  

Because ze Germans are now brainwashed and cuckified beyond belief.

So your source for political philosophy is Hitler?

http://historyandpolitics77.blogspot.no/2011/03/we-are-socialists-debunked.html

[JayJuanGee]

I agree JJG.  I can't get away from the feeling that something big is coming, and it does look more likely that the breakout will be upwards.  I'm fuelled up 

I think something very big is going to happen.  Unfunded liabilities like SS, Medicaid, Medicare, and the shaky ground that a couple hundred TRILLION of $ of bank derivatives balance on... On the radio just today someone was claiming the EURO was going to collapse within 18 months.  Also several Euro-zone countries are either thinking of exiting, or possibly experiencing a economic collapse.  In addition, dozens of other countries are on the economic edge of collapse.  This could all fall apart quickly, Gold could be confiscated again, in==at which point Bitcoin is not going to the moon, but Mars.

Very bad, but not for those who invest in the financial lifeboat for value. 

Sad, but...

We will laugh as the world burns!

I don't think that we need to experience Armageddon in order to benefit from our bitcoin investment.

And, even though you could be correct, there seem to be several ways in which legacy systems are more resilient than you make them out to be.  Further, we (bitcoin investors) probably need some of that resilience to hold up - because otherwise our bitcoins are not going to do us very good if we end up getting shot, stabbed or tortured by some enraged person.

[K~Ehleyr]

I agree JJG.  I can't get away from the feeling that something big is coming, and it does look more likely that the breakout will be upwards.  I'm fuelled up 

maybe that the hacked bitfinex coins started moving?
https://www.reddit.com/user/MrChrisJ

Wo-wo-woah!  What effect is that likely to have?

[conspirosphere.tk]

maybe that the hacked bitfinex coins started moving?
https://www.reddit.com/user/MrChrisJ

Wo-wo-woah!  What effect is that likely to have?

If they could dump them a crash, but I doubt very much that they can dump the most of them easily in a short while. Now even the use of mixers is considered a proof of laundering.

[European Central Bank]

Wo-wo-woah!  What effect is that likely to have?

they're gonna wish they never bothered. every exchange, mixer and business will be scanning these addresses on top of all the analysts. i don't see how they can get rid of one btc without slipping up somewhere.

and if they try mixing on the dark net or something then hopefully the coins'll get re stolen.

[Torque]

Wo-wo-woah!  What effect is that likely to have?

they're gonna wish they never bothered. every exchange, mixer and business will be scanning these addresses on top of all the analysts. i don't see how they can get rid of one btc without slipping up somewhere.

and if they try mixing on the dark net or something then hopefully the coins'll get re stolen.

No worries, it's just Bitfinex topping up their hot wallet again.   

#lulzbutnotlulz

[HI-TEC99]

I agree JJG.  I can't get away from the feeling that something big is coming, and it does look more likely that the breakout will be upwards.  I'm fuelled up  

maybe that the hacked bitfinex coins started moving?
https://www.reddit.com/user/MrChrisJ

Wo-wo-woah!  What effect is that likely to have?

The kraken has already frozen 0.4 Bitcoins sent to it. I expect Bitcoin.de, Coinbase, and CoinsBank will also freeze. That only leaves LocalBitcoins, BTC-e, Xzzx, and quadrigaCX. Even the obscure exchanges will probably freeze. They won't want to handle those coins.

https://www.cryptocoinsnews.com/bitfinexs-hacked-bitcoins-move-5-recovery-bounty-offered/

Maybe the hacker shorted Bitcoin then moved the stolen coins to try to cause a crash.