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

[jbreher]

 There are even free phone apps where you can just ping the metal and the microphone picks it up and tells you if it's real .999 silver by the resonance.  

That sounds fantastic. What apps do this?

[conspirosphere.tk]

Some of you are talking about BTC at 50K$ or even 500K$, and this relatively quickly.

It looks great on paper, but aren't you worried that instead of meaning we would all be rich, it would mean the dollar has utterly crashed, the world economy is in shambles, and/or WW3 is going on ?

No. Since there are trillions invested at negative rates or so, the potential that some significant fraction of it smells the coffee and moves in crypto is just a matter of when, not if. That would make an epochal pumping like no one has ever seen.
The mystery for me is why BTC still rules, given that there are technically better alternatives, and given that even I can see some feeble points (no incentives for full nodes to say just one).

[empowering]

If you haven't got $100 million to spend on supporting this nascent decentralised network with a broadcast satellite network you should just piss off? amirite?

There is nothing decentralized about a single sanitized version of the chain.

How would that be possible? in any meaningful way the chain is the chain.....right?

(genuine question)  

[JimboToronto]

Good morning Bitcoinland.

Another day, another ATH, another correction... currently $4338USD/$5488CAD (Bitcoinaverage).

Ho hum. Yawn.  

[sgk]

[Wekkel]

The mystery for me is why BTC still rules, given that there are technically better alternatives

First Mover Advantage (and Bitcoin had a 'clean' start instead of being an ICO).

[jbreher]

Oh were back at $4300, does it have something to do with this news https://cointelegraph.com/news/ibm-signs-deal-with-singaporean-port-operator-and-regional-shipping-firm-to-pilot-blockchain-based-supply-chain-network

Probably not. There are scads of industrial blockchain projects underway that have nothing whatsoever to do with monetary applications.

[Paashaas]

...in further non-news today, Bitpay lied again https://blog.bitpay.com/bitcore-segwit-activation/

Full retard mode from Bitpay/Bitmain.

[quetschiquetsch]

Good morning Bitcoinland.

Another day, another ATH, another correction... currently $4338USD/$5488CAD (Bitcoinaverage).

Ho hum. Yawn.  

Good Morning Jimbo.
How many days have you left out wishing us a good morning this year?

[Last of the V8s]

If you haven't got $100 million to spend on supporting this nascent decentralised network with a broadcast satellite network you should just piss off? amirite?

There is nothing decentralized about a single sanitized version of the chain.

How would that be possible? in any meaningful way the chain is the chain.....right?

(genuine question)  

a gentle reminder - if you could answer the question honestly this time, that would be great

[empowering]

People anticipating the difficulty drop ?

[AlexGR]

People anticipating the difficulty drop ?

Eh?

Bitcoin Difficulty:   923,233,068,449
Estimated Next Difficulty:   933,017,161,037 (+1.06%)

[empowering]

People anticipating the difficulty drop ?

Eh?

Bitcoin Difficulty:   923,233,068,449
Estimated Next Difficulty:   933,017,161,037 (+1.06%)

Bitcoin Cash?

[gentlemand]

Eh?

Bitcoin Difficulty:   923,233,068,449
Estimated Next Difficulty:   933,017,161,037 (+1.06%)

BCH.

r/btc are firing up their mothers' vibrators to mine it after the difficulty drop and cause all the other miners to switch while simultaneously spamming the 'other' chain until it dies completely.

A wonderfully nuanced and balanced plan from some great guys.

[Lauda]

...in further non-news today, Bitpay lied again https://blog.bitpay.com/bitcore-segwit-activation/

Full retard mode from Bitpay/Bitmain.

How to get sued 101. I can't believe how shady they have become, we need to stop advertising either company to anyone.

Another day, another ATH, another correction... currently $4338USD/$5488CAD (Bitcoinaverage).

Are you sure that it isn't a forced dump? Then again, it could be a reaction to the Bitpay fraudulent post about *upgrading*.

[Last of the V8s]

r/btc are firing up their mothers' vibrators to mine it after the difficulty drop and cause all the other miners to switch while simultaneously spamming the 'other' chain until it dies completely.

A wonderfully nuanced and balanced plan from some great guys.

[Last of the V8s]

that other paragon of bitcoin virtue, blockchain.info - the one with the seeds for btc1 - now 'holds' 'your' 'ethereums' 'in' 'their' 'wallet' 'for' 'you'

[CoinCube]

Whoever thinks bitcoin can't be destroyed with ease when it's network traffic isn't even obfuscated should take a look at the case of The Daily Stormer, who big corporations have essentially censored it from the internet in a time span of two days:

https://blog.cloudflare.com/why-we-terminated-daily-stormer/

https://www.rferl.org/a/u-s-neo-nazi-website-russian-domain-daily-stormer/28680409.html

First they came for the nazis, but I didn't speak out, because I was not a nazi.

It also highlights why Bitcoin is so important. Imagine if the jews had bitcoin during WWII.

I actually agree with you on this one r0ach. Although I very much disagree with their views they should have the right to express them.

The original version of your quote by the way was written by Martin Niemöller (1892–1984) who was a prominent Protestant pastor and an outspoken public foe of Adolf Hitler.  He spent the last seven years of Nazi rule in concentration camps.

Fundamentally, there is very little difference between a race collectivist who seeks the extermination of all lesser races by the master race, and a class collectivist who seeks the liquidation of all bourgeoisie and aristocratic classes by the proletarian class.

For those interested in this topic I recommend the following blog.

Deadly Junk Science
http://www.scifiwright.com/2017/06/last-crusade-deadly-junk-science/

[Last of the V8s]

usg stooge babbling

[Dakustaking76]

Hm maybe impact on the price
Were again at the start from yesterdays correction..