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

[luckygenough56]

go home already bitcoin u suck

[Rosewater Foundation]

go home already bitcoin u suck

Only 130,000+ blocks until the halvening. Still time to come back aboard.

[realr0ach]

You're taking on societies entire value constructs with your argument which is ironically one of the largest utilities of bitcoin today.   Borderless, trustless, deflationary, voluntary participation, secure, indiscriminate, and unrevocable. All the things central banking can't be. It offers peaceful participation of choice in the monetary revolution we're seeing today and that sir is a massive utility towards positive change.  I participate because I believe this.

You people cannot be serious.  You're reading off a fictional list of traits from pumpers like Andreas Antonopolous.  It's NOT possible to create a decentralized digital currency, only ones that either start completely centralized from day one, or centralize more by the day.  In other words, you're either lying to people on purpose to try and profit from pump and dumps, or you don't know enough about the subject to comment.  I used to believe there may be some type of way to fix things, but no, there's not.  Bitcoin doesn't even remove counter party risk.  The amount of lies surrounding bitcoin is honestly astonishing.

[Elwar]

It looks like this will push the price over 20k.

I don't see any reason why we won't blow through the 20s fairly quickly.

[HairyMaclairy]

50,000 people joining Stamp every day.  That’s doesn’t sound like increasing centralisation to me.

[Torque]

If you look at all naysayer or troll posts, no matter what the argument they are presenting, they all boil down to one and only thing.

To try to dissuade you from buying Bitcoin and holding it.

So ask yourself: Why would they care about you so much?

[realr0ach]

If you look at all naysayer or troll posts, no matter what the argument they are presenting, they all boil down to one and only thing.

To try to get you to not buy Bitcoin and hold it.

Why would they care about you so much?

LOL, because it's all fucking fun and games when bitcoin is some small cap pump and dump so it doesn't really matter what happens to it then, but when the market cap is pumped to the moon so high that the market is larger than wal mart and 10x higher than silver while having garbage fundamentals compared to metals, yet people are still trying to force this garbage onto people claiming it should be the world reserve currency, then it becomes a problem for everyone.  It's not decentralized, it's not fungible, every transaction is monitored, it's not even a real commodity.  Trying to force this crap onto people is like financial terrorism because it's just going to be a federated chain controlled by the govt in the end.

[TERA2]

The centralization goes by the name ASIC, bitpay, coinbase, bitfinex/bitstamp, and winklevoss&futures&friends. It's very profitable though... as long as you get out in time. Oh and dont forget the power companies and ISPs.

[realr0ach]

The centralization goes by the name ASIC, bitpay, coinbase, bitfinex/bitstamp, and winklevoss&futures&friends

The most it could be decentralized by is the number of chip foundries that exist in the world in the first place, and there's barely any of them so it was destined to be a corporation controlled bullshit device no matter what.  (in before jbreher makes the bogus claim everyone will have their own foundry in their backyard within 2 years).  The state and corporations were almost entirely combined already so how the hell was that supposed to help anything?  There's also a clear Satoshi warning label on bitcoin that "it will only buy a few years", meaning he already hinted that decentralization is an UNSOLVABLE problem.

[jojo69]

booooooooooooooooooooooooooring

[HairyMaclairy]

booooooooooooooooooooooooooring

The technical term is ccccccccconnnnnnnnnssssssssooooooooolollllllllllllllliiiiiiiiiiiiiidation.

[Syke]

[TERA2]

Then I'd tell you to take that red pill and cram it right up your ass.

[Ibian]

We most likely will. But hey, if in 30 years time we don't, I'll send you a full bitcoin in appreciation of an uneventful life. How's that sound?

Let us hope these forums, and both of us, are around in 30 years, then.

Sounds like a nice resolution to me.

Since there was a discussion of conservative vs liberals above as well at the trotting out by others of all the usual scapegoats here is a short little video clip that describes the fundamental difference between the right and the left.

https://www.youtube.com/watch?v=GPVDfhXQfw8&app=desktop

Nope. Fuck off.

To clarify, now that I'm less tired and (slightly) less drunk. Some of what he says is legit enough, but the difference is even more basic than that. Lefties are losers. They want to rely on the state for all their needs, while righties prefer freedom and open competition, even if they lose in the end.

And apologies for the fuck off. That was not entirely called for.

[Syke]

righties prefer freedom and open competition, even if they lose in the end.

Open competition is great for the 1% that are already rich.

[CoinCube]

Sounds like a nice resolution to me.

Since there was a discussion of conservative vs liberals above as well at the trotting out by others of all the usual scapegoats here is a short little video clip that describes the fundamental difference between the right and the left.

https://www.youtube.com/watch?v=GPVDfhXQfw8&app=desktop

Nope. Fuck off.

To clarify, now that I'm less tired and (slightly) less drunk. Some of what he says is legit enough, but the difference is even more basic than that. Lefties are losers. They want to rely on the state for all their needs, while righties prefer freedom and open competition, even if they lose in the end.

And apologies for the fuck off. That was not entirely called for.

Apology accepted. No worries.

[Considered]

I thought bitcoins price will reach $20000 on december 16 but i was wrong. Now what will happen next?
This is so boring no new ATH. Will new ATH happen in exactly new year? That will be a good starting day for bitcoins price.

[RoomBot]

We had an ATH 24 hours ago, Dude.

I, for one, find all of this thrilling. 

[Dabs]

... You're reading off a fictional list of traits from pumpers like Andreas Antonopolous.  ...

Are you saying that Andreas Antonopolous is a pumper?


You may have missed my other post (or maybe you ignored it, I dunno) so here:

1. You say that Andreas Antonopoulos is wrong.
2. Bitcoin is not a store of value.
3. Bitcoin is not a unit of account.
4. Bitcoin is not a medium of exchange.
5. Bitcoin is not decentralized. (thousands of full nodes, thousands of miners, dozens of pools, bunch of devs who all joined voluntarily.)
6. Bitcoin is a scam. And a lie.
7. Bitcoin is worthless.
8. You bought silver paid for with bitcoin.

Another day of converting worthless bitcoin into physical silver

You can eat gold, but uh, that's expensive dessert.

[CoinCube]

righties prefer freedom and open competition, even if they lose in the end.

Open competition is great for the 1% that are already rich.

Ultimately the goal is to maximize voluntarily cooperation aka maximize freedom.

Competition's role is to optimize the efficiency of that cooperation over time.

Most of the 1% stay that way by leveraging involuntary consensus mechanisms the most powerful being our government backed debt based financial system.
 
Some of my prior posts on this topic:

Religion and Progress

The Nature of Freedom

Finance: Part 1, 2, 3