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

[LFC_Bitcoin]

For fork redemption, I'd recommend camku on reddit: https://www.reddit.com/r/BitcoinAirdrops/comments/8e95u6/hard_fork_selling_extraction_services_kyc/

He only takes a 5% cut, and does much of the work.

I purchased the newest Trezor model T, which will be shiped at the end of the month. I will use the old seed to claim all the remaining hardforked shitcoins available.

I had a chat with this guy, Camku is legit and honest.

Seriously considering using his services myself. I only claimed BCH, BTG & Bitcore. All the others were forked after I last moved my coins so I’ll need to get them all out of cold storage & sent elsewhere before I claim all the shitcoin’s remaining.

I will get around to it eventually.

For fork redemption, I'd recommend camku on reddit: https://www.reddit.com/r/BitcoinAirdrops/comments/8e95u6/hard_fork_selling_extraction_services_kyc/

He only takes a 5% cut, and does much of the work.

I purchased the newest Trezor model T, which will be shiped at the end of the month. I will use the old seed to claim all the remaining hardforked shitcoins available.

I had a chat with this guy, Camku is legit and honest.

Another Camku vouch here, great comms and had me my proceeds within the day.

Within a day, wow.

[1715017637]

1715017637

[Last of the V8s]

[Torque]

Decentralization is one of the most, or the most, important foundational principles of Bitcoin

Bingo.

Lose that, and really you lose Bitcoin's reason to exist in the first place. A centralized Bitcoin will never be any better than PayPal wrt buying stuff. And a completely centralized digital Gold 2.0 is pretty meaningless as well.

[Last of the V8s]

https://forkdrop.io/ lots of forks

[infofront]

Looks like I missed another classic Ver post over the weekend:

[TERA2]

$6144 two part betting game.

A) When will $6144 be broken on the way down.

B) When will $6144 be broken back on the way up.

[Phil_S]

Meh.  Pass.

[jojo69]

$6144 two part betting game.

A) When will $6144 be broken on the way down.

B) When will $6144 be broken back on the way up.

June 8

for both

[bitserve]

$6144 two part betting game.

A) When will $6144 be broken on the way down.

B) When will $6144 be broken back on the way up.

How much for loosing my dignity betting on your absurd game?

Nevermind, you don't have that much.

[jojo69]

Dude.

shit is volatile yo

[Last of the V8s]

Incelcoin: Collectible condoms on the blockchain. Patently unreproducible.

[Anon136]

Munger Massacres "Scumbag, Immoral" Bitcoin Traders, Gates "Would Short It" If He Could
"Bitcoin is worthless artificial gold... It's anti-social, stupid and immoral...it's as bad as trading freshly harvested baby brains..."

You mad bro?

[Karartma1]

God I feel so restless these days. I think I have to quit my job and finally be a full time bitcoiner: I'm tired of this shit! I guess if I wouldn't have had these monthly buying needs I would have been out already.
Beer...

Decentralization is one of the most, or the most, important foundational principles of Bitcoin

Bingo.
Lose that, and really you lose Bitcoin's reason to exist in the first place. A centralized Bitcoin will never be any better than PayPal wrt buying stuff. And a completely centralized digital Gold 2.0 is pretty meaningless as well.

Applause for both

[realr0ach]

Munger Massacres "Scumbag, Immoral" Bitcoin Traders, Gates "Would Short It" If He Could
"Bitcoin is worthless artificial gold... It's anti-social, stupid and immoral...it's as bad as trading freshly harvested baby brains..."

You mad bro?

It is immoral.  I've posted in this thread numerous times before that the basis of human trade is barter, and the further you abstract away from barter, the bigger a scam it is.  Now, humans utilize specialization in labor, so a medium to facilitate trade that reduces friction of barter might be necessary (or maybe not necessary at all, just convenient), so you might need to abstract one step away from barter.  It just so happens that the exchange of physical commodity currency, whether it's wood, grains, physical silver, oil, etc, just so happens to be the closest thing to barter without actually being barter - the lesser of all evils.

If I try and exchange something like grains or silver with you, I'm clearly not trying to swindle you because these items have intrinsic value for humans.  It's virtually the same as me exchanging some bread for one of your cows, just slightly more streamlined and convenient. However, the second I try and initiate a trade with you using an item that has NO INTRINSIC VALUE WHATSOEVER, whether it's US dollars or bitcoins, it would make me party to a scam, even if I did not create the scam myself.

It does not matter if you're able to dump the dollars or bitcoins before they go to zero, rendering our trade amiable in circumstance, you are STILL party to a game of hot potato where you're trying to leave someone else holding the bag on a valueless object somewhere down the line, making YOU a scammer yourself, even if done in a highly obfuscated manner.   A moral person would reject entirely ANY type of system that has no intrinsic value because you're inherently trying to scam people by default.

[infofront]

Munger Massacres "Scumbag, Immoral" Bitcoin Traders, Gates "Would Short It" If He Could
"Bitcoin is worthless artificial gold... It's anti-social, stupid and immoral...it's as bad as trading freshly harvested baby brains..."

You mad bro?

It is immoral.  I've posted in this thread numerous times before that the basis of human trade is barter, and the further you abstract away from barter, the bigger a scam it is.  Now, humans utilize specialization in labor, so a medium to facilitate trade that reduces friction of barter might be necessary (or maybe not necessary at all, just convenient), so you might need to abstract one step away from barter.  It just so happens that the exchange of physical commodity currency, whether it's wood, grains, physical silver, oil, etc, just so happens to be the closest thing to barter without actually being barter - the lesser of all evils.

If I try and exchange something like grains or silver with you, I'm clearly not trying to swindle you because these items have intrinsic value for humans.  It's virtually the same as me exchanging some bread for one of your cows, just slightly more streamlined and convenient.  However, the second I try and initiate a trade with you using an item that has NO INTRINSIC VALUE WHATSOEVER, whether it's US dollars or bitcoins, it would make me party to a scam, even if I did not create the scam myself.

It does not matter if you're able to dump the dollars or bitcoins before they go to zero, rendering our trade amiable in circumstance, you are STILL party to a game of hot potato where you're trying to leave someone else holding the bag on a valueless object somewhere down the line, making YOU a scammer yourself, even if done in a highly obfuscated manner.

My Lambos aren't going to give a fuck what you consider a scam 

[realr0ach]

Munger Massacres "Scumbag, Immoral" Bitcoin Traders, Gates "Would Short It" If He Could
"Bitcoin is worthless artificial gold... It's anti-social, stupid and immoral...it's as bad as trading freshly harvested baby brains..."

You mad bro?

It is immoral.  I've posted in this thread numerous times before that the basis of human trade is barter, and the further you abstract away from barter, the bigger a scam it is.  Now, humans utilize specialization in labor, so a medium to facilitate trade that reduces friction of barter might be necessary (or maybe not necessary at all, just convenient), so you might need to abstract one step away from barter.  It just so happens that the exchange of physical commodity currency, whether it's wood, grains, physical silver, oil, etc, just so happens to be the closest thing to barter without actually being barter - the lesser of all evils.

If I try and exchange something like grains or silver with you, I'm clearly not trying to swindle you because these items have intrinsic value for humans.  It's virtually the same as me exchanging some bread for one of your cows, just slightly more streamlined and convenient.  However, the second I try and initiate a trade with you using an item that has NO INTRINSIC VALUE WHATSOEVER, whether it's US dollars or bitcoins, it would make me party to a scam, even if I did not create the scam myself.

It does not matter if you're able to dump the dollars or bitcoins before they go to zero, rendering our trade amiable in circumstance, you are STILL party to a game of hot potato where you're trying to leave someone else holding the bag on a valueless object somewhere down the line, making YOU a scammer yourself, even if done in a highly obfuscated manner. A moral person would reject entirely ANY type of system that has no intrinsic value because you're inherently trying to scam people by default.

My Lambos aren't going to give a fuck what you consider a scam  

r0ach and his physical silver will soon defeat Torque the cat at the Bentley wars anyway.

[bitcoinPsycho]

I don't think anyone here really gives a flying fuck

[Anon136]

It is immoral.  I've posted in this thread numerous times before that the basis of human trade is barter, and the further you abstract away from barter, the bigger a scam it is.  Now, humans utilize specialization in labor, so a medium to facilitate trade that reduces friction of barter might be necessary (or maybe not necessary at all, just convenient), so you might need to abstract one step away from barter.  It just so happens that the exchange of physical commodity currency, whether it's wood, grains, physical silver, oil, etc, just so happens to be the closest thing to barter without actually being barter - the lesser of all evils.

If I try and exchange something like grains or silver with you, I'm clearly not trying to swindle you because these items have intrinsic value for humans.  It's virtually the same as me exchanging some bread for one of your cows, just slightly more streamlined and convenient. However, the second I try and initiate a trade with you using an item that has NO INTRINSIC VALUE WHATSOEVER, whether it's US dollars or bitcoins, it would make me party to a scam, even if I did not create the scam myself.

It does not matter if you're able to dump the dollars or bitcoins before they go to zero, rendering our trade amiable in circumstance, you are STILL party to a game of hot potato where you're trying to leave someone else holding the bag on a valueless object somewhere down the line, making YOU a scammer yourself, even if done in a highly obfuscated manner.   A moral person would reject entirely ANY type of system that has no intrinsic value because you're inherently trying to scam people by default.

Even if it is the case that the bitcoin protocol as a whole is a scam it certainly does not follow that individual actors are trying to scam people by trying to barter with something that they personally value and are hoping that others will value as well. Your proposition is absurd.

[jbreher]

Usually the intent of a seller is to actually sell their coins, not to manipulate the market and "hold it down".

Here's another example of the fantasy world that you seem to live.

Surely, you can't be serious. Or are you just tweaking Torque now with your feigned conspiracy theory?

[jbreher]

Why is btrash doing so well ?

Probably because of the upcoming fork.
...

Proponents are looking forward to a 32 MB block size increase and op-code additions that could bring ethereum-like characteristics to the BCH network.

Jesus Titty-Fucking Christ.

The cancer that is BCash cannot die soon enough, along with Roger Ver.

Bigger blocks is a good thing. The problem is that they are being deceptive cunts. If we had chosen big blocks and they had chosen segwit, we would still think the same thing about them, and for the same reason. And be applauding ourselves for making the correct choice.

It's the people, not the tech.

Perhaps, but we do have better tech.

By what metric? Not interested in having that debate, but it needs to be backed up by something.

Regardless of that, if the tech were reversed we would be talking about how they overly complicated things. Humans feel first and then rationalize. Especially in this sort of tribal spat.

So there is no perfect simulator in existence yet solving all that questions.

We need to try it - that's done with open source / markets.

Sure, that's the definitive probe. But if one is going to make a bald claim, one should expect to be called on it.

So what's the evidence?