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

[JayJuanGee]

(this viewed in ponderation of other peoples' presently pointing out your posting proclivities may provide probability to give your person pause)

Personally,I perceive your point a pertinent possibility...

Upon my premiere preview of picnickiebearie's posting, I hadn't perceived the precarious parroting of my prestigious and purportedly pretentious persona, which I pinpoint as perhaps inappropriate and preposterous

speaking of pee's, gotta go take one  (and BTW folks, a good beer pee should look good enough to drink...)

My understanding is that the more dark yellow, then the more dehydrated you are.  The more clear, the more hydrated you are.

Beer tends to dehydrate folks, so the pee is not as good for you to drink.  I must be missing something?

[1715166945]

1715166945

[realr0ach]

What the hell does this volume decline mean?

-Not even Doanld will risk a wall
-LOL bleedout
-No volume bounce is possible, some anti gravity force I don't know about is out there

I noticed there's some extreme liquidity crunch going on right now (i.e. deflationary collapse) due to the Amazon indicator - the fact that whenever I click to buy something on Amazon recently, every manufacturer of said product is slashing prices and putting things on sale because they're unable to move any product.  

Take computer mice for instance.  Look up all the 20-30 or so high end mice on Amazon.  Every single one is being slashed in prices = discretionary income collapse of the bottom 99% = cascading deflationary implosion that wipes out the banks, stocks, real estate, and everything else that's a derivative of US dollars with only silver and gold left standing which are then revalued orders of magnitude higher to remonetize the system.  The govt can of course randomly print up trillions of dollars at any time to try and prevent cascading deflationary collapse and send everything into hyperinflation instead.

[realr0ach]

• Even though he’s most known for extensive code review and testing, Luke has contributed significant improvements to Bitcoin, such as figuring out how to deploy SegWit as a soft fork and BIPs 22 & 23.

Segwit is technically a hard fork because it changes the security model of bitcoin and makes segwit and non-segwit coins NON-FUNGIBLE due to having different security models.  People who claim it's a soft fork are either full of shit or do not understand anything about the word fungibility.  Or possibly since bitcoin is not even fungible in the first place, they just pretend that screwing up fungibility even further doesn't matter.  But that's not how it works.  If it's not fungible, it's not money in the first place.

[El duderino_]

micgoossens was totally defeated for two days all started with a birthday dinner at belgiums finest resto ..... with the all into crypto friends....






and as a non smoker (never smoking) i hit a joint for only 5 inhales,  NEVER i was so f***** up as those few hours

the moment when I looked at btc prices the least of my life
also WO is like 20 pages further anything funny happend ? 

[realr0ach]

also WO is like 20 pages further anything funny happend ?

We read infinite JayJuanGee posts and were fascinated by the material:

[Globb0]

The Mining Hardware Wars... oh it's on like Donkey Kong!

https://twitter.com/ynakamura56/status/1003908868114509824

Don't much like this

"Reservations start June 6, ships by Oct end"

We already saw the dif explosion, by the time you actually get this (not it is shipped) will it even be worth it?

Where is the ROI?

i prefer non-gmo lol

You prefer to be fail loser. Still welcome to slot number 2 on ignore.

Oo this is getting quite satisfying.

no fluffypony is the one who fell for the hack ..not you sucker! ===> or are you another Riccardo Spagni sockpuppet? LOLLL = XMR fale#

We were discussing bitcoin miners in a bitcoin thread? I don't understand why you want to suddenly go after me? are you also controlling what icons people can use along with judging what they can spend their profits on?

[mymenace]

The Mining Hardware Wars... oh it's on like Donkey Kong!

https://twitter.com/ynakamura56/status/1003908868114509824

Don't much like this

"Reservations start June 6, ships by Oct end"

We already saw the dif explosion, by the time you actually get this (not it is shipped) will it even be worth it?

Where is the ROI?

i prefer non-gmo lol

You prefer to be fail loser. Still welcome to slot number 2 on ignore.

Oo this is getting quite satisfying.

no fluffypony is the one who fell for the hack ..not you sucker! ===> or are you another Riccardo Spagni sockpuppet? LOLLL = XMR fale#

We were discussing bitcoin miners in a bitcoin thread? I don't understand why you want to suddenly go after me? are you also controlling what icons people can use along with judging what they can spend their profits on?

Ha, another Butterfly Labs

"Reservations start June 6, ships by Oct end"

[Speculatoross]

Any comments on this?

Just Luke doing Luke. One more insane rant. What with the earth at the center of the universe, prepare for a PoW change, kill all the non-xtians, and the like.

One of crypto's more ... umm ... colourful characters, to be sure.

FWIW, Gregory Maxwell also believed that satoshi's design was fundamentally and irredeemably broken. And these are the 'geniuses' that so much of the community choose to follow.  

You highlighted one of the key differences between bcashers and bitcoiners. Bcashers follow people. Bitcoiners follow ideas.


-cut-

tnx everyone for the comments;
btw i knew who Luke Dashjr and Gregory Maxwell are (not just posting random guy tweet lol), but still it's nice to see what other ppl think even such different toughts.

anyway i think the red sentence above is always the perfect summary of most of crypto debates.... like someone said, in eth Vitalik Buterin is the most important person, in btc the most important person is you.

Just Luke doing Luke. One more insane rant. What with the earth at the center of the universe, prepare for a PoW change, kill all the non-xtians, and the like.

You really believe that POW change is going to happen in bitcoin? 

No. I have no doubt that the result of changing the PoW for Bitcoin will be yet another forked chain that is NotBitcoin.
Yet, this is exactly what Luke-jr has been advocating as of late. Look it up.
All y'all need to get out more.

Not first time i read something like this (ofc).
But in this case, I can't understand why is this a debate, shouldn't be somehow already determined what's better?

We read tweet like Luke's one, or comments like "PoS can't work"...."PoW change is coming"...."there is no real alternatives".... it's not like this topic should not be treated as if we were fans supporting differents football team

[Globb0]

mymenace,

That was largely my point, along with the diff increase it doesn't look good.

[realr0ach]

What if I told you none of this shit matters because...

We are now on a doom spiral, with the drivers of this train envisioning some kind of transsexual sharia communism where everything is owned by Jeff Bezos

[mymenace]

mymenace,

That was largely my point, along with the diff increase it doesn't look good.

Thought as much.


That was one hell of a train wreck to watch - butterfly labs

1. The initial announcement as you pointed out
2. The immediate realization of what they were going to do. mine, mine and mine before you get it
3. And then they did it
4. Surprise, got caught

Everyone called it from this point on wards

what a train wreck it was

[Speculatoross]

FWIW, Gregory Maxwell also believed that satoshi's design was fundamentally and irredeemably broken. And these are the 'geniuses' that so much of the community choose to follow.  

As if you have any kind of credibility here to be asserting the ideas of GMaxwell in proper context?

You need me to dig up a quote to show how wrong you are?

Found this:

"When bitcoin first came out, I was on the cryptography mailing list. When it happened, I sort of laughed. Because I had already proven that decentralized consensus was impossible."

but than also

"I started contributing to the bitcoin software basically right after paying attention to it and learning how it worked. Seeing, 'oh, this isn't impossible'."

https://www.coindesk.com/gregory-maxwell-went-bitcoin-skeptic-core-developer/


Even tho "someone" simply thinks this about  Maxwell

[mymenace]

FWIW, Gregory Maxwell also believed that satoshi's design was fundamentally and irredeemably broken. And these are the 'geniuses' that so much of the community choose to follow.  

As if you have any kind of credibility here to be asserting the ideas of GMaxwell in proper context?

You need me to dig up a quote to show how wrong you are?

Found this:

"When bitcoin first came out, I was on the cryptography mailing list. When it happened, I sort of laughed. Because I had already proven that decentralized consensus was impossible."

but than also

"I started contributing to the bitcoin software basically right after paying attention to it and learning how it worked. Seeing, 'oh, this isn't impossible'."

https://www.coindesk.com/gregory-maxwell-went-bitcoin-skeptic-core-developer/


Even tho "someone" simply thinks this about  Maxwell

Who in hell is Greg Smackswell

[d_eddie]

What the hell does this volume decline mean?

-Not even Doanld will risk a wall
-LOL bleedout
-No volume bounce is possible, some anti gravity force I don't know about is out there

It shows indecision as we get to the apex of the big triangle. Something big will happen within the next week or two.

So let's say that their is no volume --> nobody sells nobody buys, no bots nothing.
What happens to the price?

It stays the same level , doesn't it?

"No volume" hasn't happened yet. Low volume means that anybody who buys/sells even just 1$ of the stuff (maybe to themselves, as in a wash trade) get to make the price the world sees. This price manipulation is extremely easy, meaning cheap, because of the low volume.

[JayJuanGee]

also WO is like 20 pages further anything funny happend ?

We read infinite JayJuanGee posts and were fascinated by the material:

And, like this, too:

[Torque]

No. I have no doubt that the result of changing the PoW for Bitcoin will be yet another forked chain that is NotBitcoin.
Yet, this is exactly what Luke-jr has been advocating as of late. Look it up.
All y'all need to get out more.

And yet that's exactly what the BCash idiots did, forked a chain that is NotBitcoin. Oh the irony.

But jbreher likes his selective amnesia, it feeds into his cognitive dissonance I guess.  

[mymenace]

No. I have no doubt that the result of changing the PoW for Bitcoin will be yet another forked chain that is NotBitcoin.
Yet, this is exactly what Luke-jr has been advocating as of late. Look it up.
All y'all need to get out more.

And yet that's exactly what the BCash idiots did, forked a chain that is NotBitcoin. Oh the irony.

But jbreher likes his selective amnesia, it feeds into his cognitive dissonance I guess.  

Bcash in freefall


 

[El duderino_]

No. I have no doubt that the result of changing the PoW for Bitcoin will be yet another forked chain that is NotBitcoin.
Yet, this is exactly what Luke-jr has been advocating as of late. Look it up.
All y'all need to get out more.

And yet that's exactly what the BCash idiots did, forked a chain that is NotBitcoin. Oh the irony.

But jbreher likes his selective amnesia, it feeds into his cognitive dissonance I guess.  

Bcash in freefall


 

[El duderino_]

[greensheep]

What the hell does this volume decline mean?

-Not even Doanld will risk a wall
-LOL bleedout
-No volume bounce is possible, some anti gravity force I don't know about is out there

It shows indecision as we get to the apex of the big triangle. Something big will happen within the next week or two.

So let's say that their is no volume --> nobody sells nobody buys, no bots nothing.
What happens to the price?

It stays the same level , doesn't it?

"No volume" hasn't happened yet. Low volume means that anybody who buys/sells even just 1$ of the stuff (maybe to themselves, as in a wash trade) get to make the price the world sees. This price manipulation is extremely easy, meaning cheap, because of the low volume.

Thanks, d_eddie, I was actually trying to understand the 'volume preceeds the price' statement.
I often read "their is no volume, volume is declining, price will go down... "
So price shifts upwards with high volume  --> uptrend confirmed
Currently price seems stable but the volume is declining, so prices can be stable with decreasing volume too?