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

[Ludwig Von]

... I no longer work, I'm a rentier. And you? What´s your profession?

you a rent boy?

Slovakian rentier, mostly means missing some screws and guest in a mental hospital... .

[bitserve]

https://blockchain.info/unconfirmed-transactions

46000+ unconfirmed tx's... and only 20BTC in fees. Average of 3 cents per TX.... Sounds totally legit.

[d_eddie]

Strange pattern this weekend: lots of shilling by newbies or outright new accounts, but without the serious pump&dump action we are accustomed to.  Someone out of sync possibly?

On a related note, censoring jbreher's posts was less than wise IMO. He's still an apostate living out of the Grace of Bitcoin, but some of the points he makes contain enough thought to deserve discussion (and civilized flaming, including the occasional f'off).

[d_eddie]

https://blockchain.info/unconfirmed-transactions

46000+ unconfirmed tx's... and only 20BTC in fees. Average of 3 cents per TX.... Sounds totally legit.

I wish someone with time and a few extra satoshis on their hands would bother to spend a couple of weekends spamming the BCH network, just for the demonstrative lulz.

[AlexGR]

https://blockchain.info/unconfirmed-transactions

46000+ unconfirmed tx's... and only 20BTC in fees. Average of 3 cents per TX.... Sounds totally legit.

~44k in the 0-20sat range: https://bitcoinfees.earn.com/

[AlcoHoDL]

https://blockchain.info/unconfirmed-transactions

46000+ unconfirmed tx's... and only 20BTC in fees. Average of 3 cents per TX.... Sounds totally legit.

~44k in the 0-20sat range: https://bitcoinfees.earn.com/

So we're talking about transactions of $0.0015 each (tops). I wonder where they come from...

How can anyone support a coin whose team uses such methods?

[xhomerx10]

Massive sales are normal. Massive mempool is not normal. The network is weak, needs upgrade.

May I ask, what is your native language ?

I would like to find a proper translation for "Fuck Off", that you may - more fully - appreciate.

My native language is language of Slush. Another question, darling?

01000110  01010101 01000011 01001011  01011001 01001111 01010101 00100001

01010100 01101000 01100001 01110100 00100000 01110111 01100001 01110011 00100000 01100110 01110101 01100011 01101011 01101001 01101110 01100111 00100000 01100001 01110111 01100101 01110011 01101111 01101101 01100101 00100000 00111010 00101001

... my native language: https://youtu.be/y-mintvBH8M

 That's a beautifully sad song.  Also you have stumbled on the magic word!  Welcome.

[preshpresh]

https://blockchain.info/unconfirmed-transactions

46000+ unconfirmed tx's... and only 20BTC in fees. Average of 3 cents per TX.... Sounds totally legit.

~44k in the 0-20sat range: https://bitcoinfees.earn.com/

So we're talking about transactions of $0.0015 each (tops). I wonder where they come from...

How can anyone support a coin whose team uses such methods?

how much does it work out that theyre spending on these attacks?

presumably they could get much much worse if they spent more...

[fabiorem]

For a moment I thought I was in rutracker.

[gentlemand]

Mнe нpaвятcя бoльшиe ягoдицы. Я нe мoгy cкaзaть тo, чтo нe пpaвдa. Bы нe мoжeтe oтpицaть этoгo, бpaт. Кoгдa чeлoвeк вxoдит, c yлыбкoй нa лицe, кaк бyдтo oн xoчeт кoлбacy в aнyce, и кoлбacy вo pтy, вы нaчинaeтe пoдпpыгивaть, кaк cчacтливый чeлoвeк.

You're going to get a Russian cruise missile up your ring piece for defiling the language of the Rodina with that type of sexytalk. I'm sure Putin is bi curious at the very least though.

[bitebits]

[...]
On a related note, censoring jbreher's posts was less than wise IMO. He's still an apostate living out of the Grace of Bitcoin, but some of the points he makes contain enough thought to deserve discussion (and civilized flaming, including the occasional f'off).

I agree. Being able to delete posts comes with great responsibility. Act accordingly.

Or in other words: don't moderate this thread to an even bigger circle jerk. Nobody gains from this and it just forces discussion elsewhere. You end up moderating an informationless thread with just memes and price cheering (which sounds awfully familiar to a certain heavily moderated reddit sub).

[Torque]

So I was at a happy hour and a couple of colleagues brought up the subject of Bitcoin out of the blue. It was all I could do to bite my tongue, none of them know I own any bitcoin and never will.

So one of them brings up the old, tired Peter Schiff argument of "Well at least Gold has intrinsic value. You can make jewelry out of it. Bitcoin has no intrinsic value."

So I look at him and casually say, "So you can make jewelry out of gold. Fair enough. So what then, gives jewelry value?"

That look on his face when his brain seemed to completely lock up for about a minute was priceless.

And then when his brain started processing again, of course comes the requisite reply, "Um, what do you mean? Because jewelry...has gold in it?"

People simply don't understand the philosophical basis for human's valuing anything. Everything is just taken for granted.

[Ibian]

Strange pattern this weekend: lots of shilling by newbies or outright new accounts, but without the serious pump&dump action we are accustomed to.  Someone out of sync possibly?

On a related note, censoring jbreher's posts was less than wise IMO. He's still an apostate living out of the Grace of Bitcoin, but some of the points he makes contain enough thought to deserve discussion (and civilized flaming, including the occasional f'off).

Scorched earth is the only way to fight rabbits. Just how it is.

[gembitz]

[...]
On a related note, censoring jbreher's posts was less than wise IMO. He's still an apostate living out of the Grace of Bitcoin, but some of the points he makes contain enough thought to deserve discussion (and civilized flaming, including the occasional f'off).

I agree. Being able to delete posts comes with great responsibility. Act accordingly.

Or in other words: don't moderate this thread to an even bigger circle jerk. Nobody gains from this and it just forces discussion elsewhere. You end up moderating an informationless thread with just memes and price cheering (which sounds awfully familiar to a certain heavily moderated reddit sub).

jbreher is legit even if mods dont like what he has to say he cool imo ~ :-D  #freedomofspeak

[itod]

[...]
On a related note, censoring jbreher's posts was less than wise IMO. He's still an apostate living out of the Grace of Bitcoin, but some of the points he makes contain enough thought to deserve discussion (and civilized flaming, including the occasional f'off).

I agree. Being able to delete posts comes with great responsibility. Act accordingly.

Or in other words: don't moderate this thread to an even bigger circle jerk. Nobody gains from this and it just forces discussion elsewhere. You end up moderating an informationless thread with just memes and price cheering (which sounds awfully familiar to a certain heavily moderated reddit sub).

Nobody is for censorship, but if you think you can have "discussion" with jbreher you are welcome to try it yourself. He just spams nonsense based on pulling what is being said out of context. That's reflected in his style of writing where he randomly quotes dozen of posts, and then using that to avoid any reasonable argument. If that kind of "discussion" is forced elsewhere it is not a loss, it's a gain IMHO.

+1 for moderators.

[sirazimuth]

Strange pattern this weekend: lots of shilling by newbies or outright new accounts, but without the serious pump&dump action we are accustomed to.  Someone out of sync possibly?

On a related note, censoring jbreher's posts was less than wise IMO. He's still an apostate living out of the Grace of Bitcoin, but some of the points he makes contain enough thought to deserve discussion (and civilized flaming, including the occasional f'off).

Good point.
Echo chambers are useful in a recording studio.
Though I myself would prefer this place not turn into one.

[flynn]

So I was at a happy hour and a couple of colleagues brought up the subject of Bitcoin out of the blue. It was all I could do to bite my tongue, none of them know I own any bitcoin and never will.

So one of them brings up the old, tired Peter Schiff argument of "Well at least Gold has intrinsic value. You can make jewelry out of it. Bitcoin has no intrinsic value."

So I look at him and casually say, "So you can make jewelry out of gold. Fair enough. So what then, gives jewelry value?"

That look on his face when his brain seemed to completely lock up for about a minute was priceless.

And then when his brain started processing again, of course comes the requisite reply, "Um, what do you mean? Because jewelry...has gold in it?"

People simply don't understand the philosophical basis for human's valuing anything. Everything is just taken for granted.

For the same purpose I use as example Picasso's paintings. It's just some dry paint on a board, total value $30, but it's worth millions. I like it because beside its price the number of picassos's paintings is limited exactly like bitcoins, and the total capitalizations are alike.

[bitebits]

Nobody is for censorship, but if you think you can have "discussion" with jbreher you are welcome to try it yourself. He just spams nonsense based on pulling what is being said out of context. That's reflected in his style of writing where he randomly quotes dozen of posts, and then using that to avoid any reasonable argument. If that kind of "discussion" is forced elsewhere it is not a loss, it's a gain IMHO.

+1 for moderators.

You can be your own moderator using the ignore button.

For the same purpose I use as example a Picasso's painting. It's just some dry paint on a board, total value $30, but it's worth millions. I like it because beside its price the number of picassos's painting is limited exactly like bitcoins, and the total capitalizations are alike.

I can make a digital copy of the Picasso painting and call it Picasso Cash. I even print the piece on an 8 times larger piece of canvas. This certainly reduces the value of the legacy Picasso painting to zero and makes me the true Picasso.

[bones261]

So I was at a happy hour and a couple of colleagues brought up the subject of Bitcoin out of the blue. It was all I could do to bite my tongue, none of them know I own any bitcoin and never will.

So one of them brings up the old, tired Peter Schiff argument of "Well at least Gold has intrinsic value. You can make jewelry out of it. Bitcoin has no intrinsic value."

So I look at him and casually say, "So you can make jewelry out of gold. Fair enough. So what then, gives jewelry value?"

That look on his face when his brain seemed to completely lock up for about a minute was priceless.

And then when his brain started processing again, of course comes the requisite reply, "Um, what do you mean? Because jewelry...has gold in it?"

People simply don't understand the philosophical basis for human's valuing anything. Everything is just taken for granted.

For the same purpose I use as example a Picasso's painting. It's just some dry paint on a board, total value $30, but it's worth millions. I like it because beside its price the number of picassos's painting is limited exactly like bitcoins, and the total capitalizations are alike.

You should have picked a less prolific painter for your analogy than Picasso. Once his painting became a cash cow for him, the quality of his work really went downhill.

[Ibian]

Nobody is for censorship, but if you think you can have "discussion" with jbreher you are welcome to try it yourself. He just spams nonsense based on pulling what is being said out of context. That's reflected in his style of writing where he randomly quotes dozen of posts, and then using that to avoid any reasonable argument. If that kind of "discussion" is forced elsewhere it is not a loss, it's a gain IMHO.

+1 for moderators.

You can be your own moderator using the ignore button.

It is not useful to allow dishonest people to operate in a rules based environment where the ultimate foundation of the entire project is honesty.

Bitcoin is whatever the consensus mechanism decides it is. That was the original idea and one of the foundational pillars of what makes bitcoin as an idea able to function at all, and the result is in. Continuing to complain about it, and even going to far as to split the blockchain in two, is nothing short of an attempt to undermine bitcoin as a whole. They are enemies, not only of the personal wealth of many of us here, but far more importantly they are enemies of a lifeboat for countless millions of people when the economy collapses. They are, in a word, evil, right down to their core.