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

[jbreher]

I would still like to see any of these supposed non-'Bitcoin Maximalists' dispute or debate, either logically, philosophically or otherwise, the statement I made just earlier today. When confronted with the undeniable truth, they just tuck their tail and run away.

The "real Bitcoin" is the one that the majority of end users agree on through belief and mutual consensus of Bitcoin's fundamental attributes and philosophical values.

That's it. Period. The majority of end users decides. It literally is a popularity contest.

It has nothing to do with what Ver thinks, what miners think, what brokers/exchanges think, what developers think, what features, which has the biggest block size or fastest transactions, which was "first", which one "closest to Satoshi's original vision", which is objectively "better", or better for humanity, better for the planet/ecosystem, or any of that other garbage.

Meh. It's just that we have been over this so many times already.

The problem with your statement is that this gives you no justification for claiming your preferred implementation is The Real Bitcoin. Even if it were true. For there is no objective way of measuring 'the majority of end users'.

There are only two non-Sybil-able sets in the Bitcoin ecosystem. Miners, and economic power. These are measurable. The others -- including some count of end-users -- are not.

And really? Number of end users? One person who uses/has used Bitcoin, one vote? Regardless of current holding quantity? And circular Bitcoin definition? I expect better of you, Torque.

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[Ibian]

there is no objective way of measuring 'the majority of end users'.

The price.

Also fuck off already, nobody wants you here.

[infofront]

FUCK OFF WITH YOUR TALK OF BCASH ALREADY !!!

GET. OUT !

The bcash discussions are getting tired. We all know where everyone stands, and no one is going to change his position.

Elwar also created a bcash wall observer.

[Toxic2040]

More guidance framework being realized at the State level. Bullish imo.

The House Rules Committee voted to approve the measure on Monday, ending what appeared to be a freeze on the bill after the House Ways and Means Committee gave its approval early last month. It now proceeds to the full House for a vote.

If finalized and approved, the bill would empower the Arizona Department of Revenue to collect taxes in the form of cryptocurrency - and make the state the first in the U.S. to officially accept a cryptocurrency as payment.

https://www.coindesk.com/arizonas-crypto-tax-payments-bill-clears-hurdle/
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So, we are approaching 10k... where are the rockets, trains, that kind of stuff?

+1 WOsMerit

Maybe it's just me though.

+1 WOsMerit

Nope..not just you.

the hodltrain

+1 WOsMerit


Come on..shill your best rocket pic..you know you want to.
---------------
Ffs jbreher..

Meh. It's just that we have been over this so many times already.

The problem with your statement is that this gives you no justification for claiming your preferred implementation is The Real Bitcoin. Even if it were true. For there is no objective way of measuring 'the majority of end users'.

There are only two non-Sybil-able sets in the Bitcoin ecosystem. Miners, and economic power. These are measurable. The others -- including some count of end-users -- are not.

And really? Number of end users? One person who uses/has used Bitcoin, one vote? Regardless of current holding quantity? And circular Bitcoin definition? I expect better of you, Torque.

Been over this many times...check..Bch lost.
Miners...check..Bch lost.
Economic power...check..Bch lost.
Game, set, match...derp...now kindly go take a seat...quietly.

[Last of the V8s]

I ain't afraid of no bears

-early Siberian anti-bear suit

[explorer]

I ain't afraid of no bears

-early Siberian anti-bear suit

FREE HUGS

[hodl_2015]

Come on..shill your best rocket pic..you know you want to.

Nice, but my favourite rocket is 3 times as nice: https://i.redd.it/q744askfdue01.jpg Next launch is expected for September.

[explorer]

10000 incoming?  I have it on good authority that it is possible.  But only if it goes over 9500 first. 
Always the damn fine print.

[BTCMILLIONAIRE]

So, we are approaching 10k... where are the rockets, trains, that kind of stuff?

I only see people talking about Roger's Cash. Do Roger deserves so much attention?

I'm waiting for a 100k bottom to get excited. Until then not much is going to change. Alternatively I'd also be happy with scaling being resolved regardless of the BTC price.

[doc12]

More guidance framework being realized at the State level. Bullish imo.

The House Rules Committee voted to approve the measure on Monday, ending what appeared to be a freeze on the bill after the House Ways and Means Committee gave its approval early last month. It now proceeds to the full House for a vote.

If finalized and approved, the bill would empower the Arizona Department of Revenue to collect taxes in the form of cryptocurrency - and make the state the first in the U.S. to officially accept a cryptocurrency as payment.

https://www.coindesk.com/arizonas-crypto-tax-payments-bill-clears-hurdle/
----------------

So, we are approaching 10k... where are the rockets, trains, that kind of stuff?

+1 WOsMerit

Maybe it's just me though.

+1 WOsMerit

Nope..not just you.

the hodltrain

+1 WOsMerit


Come on..shill your best rocket pic..you know you want to.
---------------
Ffs jbreher..

Meh. It's just that we have been over this so many times already.

The problem with your statement is that this gives you no justification for claiming your preferred implementation is The Real Bitcoin. Even if it were true. For there is no objective way of measuring 'the majority of end users'.

There are only two non-Sybil-able sets in the Bitcoin ecosystem. Miners, and economic power. These are measurable. The others -- including some count of end-users -- are not.

And really? Number of end users? One person who uses/has used Bitcoin, one vote? Regardless of current holding quantity? And circular Bitcoin definition? I expect better of you, Torque.

Been over this many times...check..Bch lost.
Miners...check..Bch lost.
Economic power...check..Bch lost.
Game, set, match...derp...now kindly go take a seat...quietly.

Dont forget:

- The prefork consensus rules are still valid after the softfork on the BTC blockchain.

- If you use a prefork client it will connect and broadcast to the Bitcoin network

- Bcash would be DOA if they didnt change the difficulty adjustment. Especially this point disquaifies Bcash from beeing a Bitcoin contender, because it didnt stood the economic competition. It was born as fraud and will always stay fraud.

[HairyMaclairy]

The Genesis Files: How David Chaum’s eCash Spawned a Cypherpunk Dream

https://bitcoinmagazine.com/articles/genesis-files-how-david-chaums-ecash-spawned-cypherpunk-dream/

[kurious]

So, we are approaching 10k... where are the rockets, trains, that kind of stuff?

I only see people talking about Roger's Cash. Do Roger deserves so much attention?

That's odd, I think of this thread as being more about conspiracy theories, race hatred and how Hitler didn't really do much that was well, y'know actually 'bad'. Maybe it's just me though.

It is, it is.  But we still have intermissions of rockets, trains, and that kind of stuff.

That's why I can't stay away; it's the intermissions.

Hard to beat a bullish bitcoin, along with a boozy beverage and some serious ballistics blasting off.  Beautiful.

[Salatri]

Well for now bitcoin is on the rise and the results of the G-20 meeting say that they will not regulate bitcoin because they feel that cryptocurrency is still not too dangerous

In a very similar manner, more news from G20 summit yesterday as regulation of cryptocurrency and blockchain.

Of course with this decision, the value of bitcoin will not get worse and hopefully quickly recovery

[bitserve]

[HairyMaclairy]

300 BTC pulled or bought in a blink on BFX.

[Wekkel]

Funnyclick. Spotted on Twitter: "3k bears in disbelief" - Russian tries to tell bear not to dump the market. Blyat, sooka, etc...

Also, Vodka likely involved.

https://twitter.com/JimBTC/status/988873765483352065

The bear got the last laugh   (but not freedom)

[Fatman3001]

[Fatman3001]

[realr0ach]

If finalized and approved, the bill would empower the Arizona Department of Revenue to collect taxes in the form of cryptocurrency - and make the state the first in the U.S. to officially accept a cryptocurrency as payment.

Yes, let's be moronic lemmings and hype the tools of our enslavement!  Pick which reason those laws are being passed:

A)  They're trying to setup the legal framework for abolishing physical cash and having a cashless sociecty slave system

or

B)  Bitcoin is the cashless society slave system

[Fatman3001]