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

[d_eddie]

This is an interesting place. When things are doing good we all share and enjoy the same feeling of success and richness (even if in different levels) and the opposite (like right now) also holds true.  Quite different than IRL friends, most of them being complete nocoiners. #justarandomthought

We should have a WO meetup some time. Maybe we can have an IRL celebration when BTC hits $100K haha.

That would be really nice! I'm imagining some exclusive place with ample parking space for lambos and stuff.
Sign me up.

[TERA2]

This's interesting. We're no-where near the dotcom bubble yet in terms of market-cap:



But even if you consider bitcoin a bubble and think that it has reached a point where dotcom reached at all time high, and will burst like dot-com, then bitcoin has already lost 70% of its value from all time high, which was the total bubble burst of Nasdaq.

You're basing this only on the value of bitcoin core and are not including the value of all the altcoins, ICOs, blockchain tech stocks, futures markets, mining farms, etc.

[bitserve]

This is an interesting place. When things are doing good we all share and enjoy the same feeling of success and richness (even if in different levels) and the opposite (like right now) also holds true.  Quite different than IRL friends, most of them being complete nocoiners. #justarandomthought

We should have a WO meetup some time. Maybe we can have an IRL celebration when BTC hits $100K haha.

Make it on Las Vegas during summer and I'm sold. Probably the only place in the world that could stand the assorted and extravagant bunch of us celebrating that awesome milestone in the most extreme and extravagant ways

Maybe we could even hire the Vodoo Lounge at the Rio (51st floor) just for our party.

[gentlemand]

Make it on Las Vegas during summer and I'm sold. Probably the only place in the world that could stand the assorted and extravagant bunch of us celebrating that awesome milestone in the most extreme and extravagant ways

Maybe we could even hire the Vodoo Lounge at the Rio (51st floor) just for our party.

Does anyone here have any experience of internet meets? I have a sneaking feeling they'd be fucking horrifying. And for some of the longstanding members there must be people with grudges against them out there, let alone blown opsec with wallet balances being linkable.

I'll send an actor. Or a cat.

[JayJuanGee]

[edited out]

Looks to me like a completely centralised shitcoin. They(mos) even fucked up the generation algo.

Surely, there have been a lot of criticisms of whether the merit system has been implemented fairly and whether it is going to achieve various forum objectives including ranking up and encouraging quality participation (contributions). 

I doubt that there would be a desire for complete decentralization the forum or the merit system and you can tell by the limited number of starting merit sources, that theymos does not want a completely decentralized merit system because it seems to be aimed to solve some problems with trolls and spammers and perhaps even to lessen the importance of the trust system.

[bitserve]

Make it on Las Vegas during summer and I'm sold. Probably the only place in the world that could stand the assorted and extravagant bunch of us celebrating that awesome milestone in the most extreme and extravagant ways

Maybe we could even hire the Vodoo Lounge at the Rio (51st floor) just for our party.

Does anyone here have any experience of internet meets? I have a sneaking feeling they'd be fucking horrifying. And for some of the longstanding members there must be people with grudges against them out there, let alone blown opsec with wallet balances being linkable.

I'll send an actor. Or a cat.

Party popper detected!!

[bones261]

Looks to me like a completely centralised shitcoin. They(mos) even fucked up the generation algo.

Looks like a lot of hard work to me. I've still got loads left and I'm not a source. I'd be mortified and start cracking up under the strain if I had to get rid of several hundred per month. There aren't enough posts that arouse me.

A little bird told me that many merit sources don't have to start out with hundreds. More like about 50 per month. That is very fortunate for them because wading through tons of shit just to find one diamond can grate on anyone's nerves. Also, from what I have been able to ascertain, Theymos will be reviewing the merit sources. Those who seem to be able to give out merit in both quantity and quality will be given more.

[gentlemand]

Party popper detected!!

Now you've dissed me I will tuck this slight away, wait for your meet, turn up incognito as a cocktail waitress and scratch your eyes out.

See what I mean?

[bitserve]

Party popper detected!!

Now you've dissed me I will tuck this slight away, wait for your meet, turn up incognito as a cocktail waitress and scratch your eyes out.

See what I mean?

Uh oh.... so then why do I want the money if I can't even have some fun?

Ok ok.... I will have to keep my "coiner" life isolated from my RL.

You are still a party popper though

[infofront]

Party popper detected!!

Now you've dissed me I will tuck this slight away, wait for your meet, turn up incognito as a cocktail waitress and scratch your eyes out.

See what I mean?

Maaaaan. How did my dad find his way to this forum?

[gentlemand]

I just saved all of your lives. You'll thank me some day.

Maaaaan. How did my dad find his way to this forum?

He's a cross dresser too? Can you hook me up?

[bitserve]

I just saved all of your lives. You'll thank me some day.

I have died so many times I am not afraid if the next one is the real(tm) one. It will happen, sometime...

The fun I have had... I will take it with me to my tomb.

[jojo69]

This is an interesting place. When things are doing good we all share and enjoy the same feeling of success and richness (even if in different levels) and the opposite (like right now) also holds true.  Quite different than IRL friends, most of them being complete nocoiners. #justarandomthought

We should have a WO meetup some time. Maybe we can have an IRL celebration when BTC hits $100K haha.

like, a whole floor of a hotel...with the floors just above and just below for our collective security forces

[JayJuanGee]

If you are a merit source, then your merit page will come up like the below purple highlighted two paragraphs (though not really purple in real life) - noteably the difference in the second paragraph for merit sources:

>>>>>>>>You have received a total of XXXX merit. This is what determines your forum rank. You typically cannot lose this merit. You have XXX sendable merit (sMerit) which you can send to other people. There is no point in hoarding sMerit; keeping it yourself does not benefit you, and we reserve the right to decay unused sMerit in the future.

You are a merit source. The next XXX merit you spend will come from your source rather than your sMerit balance. Merit spent from your source will come back in 30 days. Unused source merit is wasted. It is not allowed for merit sources to sell their merit.<<<<<<<<<<<<

As you may recall, the merit system activated on January 24, and therefore it was thought that if merit sources spent their smerits, then those smerits would start to replenish into the merit source on about February 23 - however, theymos stated that he had run into some glitch in the way that he had programmed the replenishment of merit source merits - in essence the script or the algorithm was screwed up.  

It appears that theymos fixed that merit source replenishment glitch on about March 5, and replenishment of merit source smerits began again around March 5.

I didn't know about the glitch or any details of merit expiry, interesting stuff.

+1 WOsMerit

(I do have sMerit to give now, but you're a legend and a source, so it really feels like wasting the goods.)

After the merit system implemented, I did venture out there into the forum - outside of the WO thread, and it surely can be a scary place in which I bumped into a few things that maybe are not necessary to know regarding forum politics... - especially when it seems messy enough just to attempt to watch BTC price dynamics and the politics involved with BTC prices.. anyhow, there are a few things in the non-WO that I would not mind unseeing.

Surely personal discretion regarding how anyone spends their smerits, and merits are likely not only going to be used for ranking up since merits may end up displacing credibility aspects of the trust system in the future or establishing higher than Legendary ranks, perhaps?  Also, there can be some value with merits to identify relatively higher quality posts, too, perhaps?

[JayJuanGee]

I just saved all of your lives. You'll thank me some day.

Maaaaan. How did my dad find his way to this forum?

He's a cross dresser too? Can you hook me up?

Yeah... I would be scared to death to meet you lunatic fucks IRL.  

[xhomerx10]

Make it on Las Vegas during summer and I'm sold. Probably the only place in the world that could stand the assorted and extravagant bunch of us celebrating that awesome milestone in the most extreme and extravagant ways

Maybe we could even hire the Vodoo Lounge at the Rio (51st floor) just for our party.

Does anyone here have any experience of internet meets? I have a sneaking feeling they'd be fucking horrifying. And for some of the longstanding members there must be people with grudges against them out there, let alone blown opsec with wallet balances being linkable.

I'll send an actor. Or a cat.

 I was involved in arranging/attending a BBS party and it was pretty cool.  The difference being that everyone resided within the local calling codes of the BBS.  What was most surprising was that there were no surprises.  Even though we were anonymous and had nicknames, people were pretty much the same as their online personas.  I left the party a little too early though because apparently i missed Rapunzel's table dance.    If i remember correctly, she was the resident cat lady; an eccentric artist.

[gentlemand]

 I was involved in arranging/attending a BBS party and it was pretty cool.  The difference being that everyone resided within the local calling codes of the BBS.  What was most surprising was that there were no surprises.  Even though we were anonymous and had nicknames, people were pretty much the same as their online personas.  I left the party a little too early though because apparently i missed Rapunzel's table dance.    If i remember correctly, she was the resident cat lady; an eccentric artist.

On one hand that's reassuring. On the other if people are the embodiment of their online persona, in more than a few cases that is... not.

[Elwar]

like, a whole floor of a hotel...with the floors just above and just below for our collective security forces

There was an ethereum conference in Mexico. They gave the attendees their own floor with keycard access and upped security for the event.

[RejectedBanana]

Does anyone here have any experience of internet meets? I have a sneaking feeling they'd be fucking horrifying. And for some of the longstanding members there must be people with grudges against them out there, let alone blown opsec with wallet balances being linkable.

I'll send an actor. Or a cat.

Once. I did it once when I was 12 years old. This was pre-internet days; a dial-up BBS meet-up in the 80s.

Wow was that awkward. These guys were NOTHING like I imagined from their online personas. Granted, I was pretty fucking naive.

Some things are just better left imagined.

[moneyForjam]

This's interesting. We're no-where near the dotcom bubble yet in terms of market-cap:



But even if you consider bitcoin a bubble and think that it has reached a point where dotcom reached at all time high, and will burst like dot-com, then bitcoin has already lost 70% of its value from all time high, which was the total bubble burst of Nasdaq.

You're basing this only on the value of bitcoin core and are not including the value of all the altcoins, ICOs, blockchain tech stocks, futures markets, mining farms, etc.

 Please explain how you can compare a "dot-com" valuation , to a cryptocurrency valuation?