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

[Spaceman_Spiff_Original]

https://www.dlso.it/site/wp-content/uploads/2013/05/major-lazer-bubble-but.png

I have questions.

Your words captured my feeling exactly.

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[Elwar]

Yeah, not sure why you all don't just put your money in traditional financial instruments and institutions. Not sure about this whole "cryptocurrency" thing. IDK. Just doesn't seem real.

This is what traditional financial instruments and institutions are financed by:

[Torque]

Yeah, not sure why you all don't just put your money in traditional financial instruments and institutions. Not sure about this whole "cryptocurrency" thing. IDK. Just doesn't seem real.

General Electric should be the poster child for the whole corrupt "We're-doing-great-and-our-stock-is-flying-oh-shit-now-its-tanking" financial establishment. They'll all be doing great up until the day, the very minute they run out of money to buy back their own stock.

GE one month : "We're doing great! Earnings are up! Stock is up!"

GE the next month : "Oh shit, suddenly we're out of cash! Our debts exceed our free cash! We've been hiding our revenue losses with shady accounting and cooked books. Shit! Time to cut our stock and dividend in half. Get rid of the CEO! Jettison everything! Lay off thousands!"

Of course the executives are the only ones who get a golden parachute. Everyone else gets a pink slip.

[mymenace]

Really had it in for satoshi

Which, of course, perfectly explains why Satoshi left Gavin in charge. /s

Who cares

Gavin is a CIA stooge anyways

[Robin,Hood]

Yeah, not sure why you all don't just put your money in traditional financial instruments and institutions. Not sure about this whole "cryptocurrency" thing. IDK. Just doesn't seem real.

This is what traditional financial instruments and institutions are financed by:

Used to be every now and so often, then ever odd year, now heart. What's next twice a year and then monthly?

[realr0ach]

Cardano Co-Founder: Wall Street Will Bring ‘Tens of Trillions of Dollars’ to Crypto

https://cointelegraph.com/news/cardano-co-founder-wall-street-will-bring-tens-of-trillions-of-dollars-to-crypto

What do you think guys?

You people are seriously trolling.  It's Charles Hoskinson trying to pump and dump via Twitter.  He made that statement just straight out of left field based on no kind of news or fundamentals or anything.  Like he just drank a 12 pack and that was the first idea he had at random.  Someone claimed I was a "poor man's Charles Hoskinson" once which makes it even more ridiculous : /.  

It was like he just got a call from some investor that said "holy fuck we need to dump these shitcoins but there's no buyers, get on Twitter and do an Anton Antonopoulos pump and dump impersonation!".  I would also like to add that MIT is completely compromised for anything cryptocurrency related and it seems like both Gavin and Antonopoulos have hung out around there and given talks.  Everything from there seems to be promoting how to use craptocurrency to maximize it's potential as the perfect govt run, cashless society slave system with built-in chain anchor biometrics.

[Last of the V8s]

[bitChipper]

Cardano Co-Founder: Wall Street Will Bring ‘Tens of Trillions of Dollars’ to Crypto

https://cointelegraph.com/news/cardano-co-founder-wall-street-will-bring-tens-of-trillions-of-dollars-to-crypto

What do you think guys?

You people are seriously trolling.  It's Charles Hoskinson trying to pump and dump via Twitter.  He made that statement just straight out of left field based on no kind of news or fundamentals or anything.  Like he just drank a 12 pack and that was the first idea he had at random.  Someone claimed I was a "poor man's Charles Hoskinson" once which makes it even more ridiculous : /.  

It was like he just got a call from some investor that said "holy fuck we need to dump these shitcoins but there's no buyers, get on Twitter and do an Anton Antonopoulos pump and dump impersonation!".  I would also like to add that MIT is completely compromised for anything cryptocurrency related and it seems like both Gavin and Antonopoulos have hung out around there and given talks.

Sheez you are one salty baby boomer

[Rosewater Foundation]

That's...interesting. Innit?

[realr0ach]

Cardano Co-Founder: Wall Street Will Bring ‘Tens of Trillions of Dollars’ to Crypto

https://cointelegraph.com/news/cardano-co-founder-wall-street-will-bring-tens-of-trillions-of-dollars-to-crypto

What do you think guys?

You people are seriously trolling.  It's Charles Hoskinson trying to pump and dump via Twitter.  He made that statement just straight out of left field based on no kind of news or fundamentals or anything.  Like he just drank a 12 pack and that was the first idea he had at random.  Someone claimed I was a "poor man's Charles Hoskinson" once which makes it even more ridiculous : /.  

It was like he just got a call from some investor that said "holy fuck we need to dump these shitcoins but there's no buyers, get on Twitter and do an Anton Antonopoulos pump and dump impersonation!".  I would also like to add that MIT is completely compromised for anything cryptocurrency related and it seems like both Gavin and Antonopoulos have hung out around there and given talks.

Sheez you are one salty baby boomer

But Anonymint said that if he had to guess, I'm at least 70+ years old?  It's not easy being from the greatest generation:

[jbreher]

Really had it in for satoshi

Which, of course, perfectly explains why Satoshi left Gavin in charge. /s

Who cares

Manifestly, you do. You are the one that brought him into conversation.

Weewy, the weird is wunning wampant this week. <- read that in a Baba Wawa voice.

[Last of the V8s]

That's...interesting. Innit?

Not really lol I admit. They were mentioning all that stuff.
Anyway be of good cheer, the tulips may be over for this season, but the weather's weird and lovely, and the city still stands.

[Torque]

That's...interesting. Innit?

It is interesting that Gavin worked on VRML and ISO standardization (where it promptly got bogged down and died).

I remember the VRML days very vividly, there was a SUPREME amount of hype around VRML. At that time everyone kept talking like by this time in history we would all be surfing the web with VR goggle headsets and everything, literally everything that is on the internet today would be human interaction through VRML-enabled worlds (think Second Life, Ready Player One, etc.). VRML never took off and then it died.

Truly a grand solution looking for a problem that never existed. Reminds me exactly of the hype we're hearing today around ETH, smart contracts, App-based tokens and ICOs.

[infofront]

Here's a great analysis: https://fewcoins.io/news/bitcoin-price-analysis-still-bleeding-2807
Includes lots of fundamental and technical analysis.

[Robin,Hood]

That's...interesting. Innit?

Not really lol I admit. They were mentioning all that stuff.
Anyway be of good cheer, the tulips may be over for this season, but the weather's weird and lovely, and the city still stands.

If you follow bitcoins history you can clearly see how early on it got , 'infiltrated' literally from the word go.

[realr0ach]

Duterte challenges god to a fight to the death:

https://dailystormer.name/madman-duterte-goes-to-war-with-the-catholic-church/

[JayJuanGee]

Sidechains in theory are great, but there is an unsolved problem of getting value out of them and back into BTC.
So at the moment they are almost useless.

Utterly preposterous. I can't even begin to rationalize that train of thought.

You get your value out of it by opening / closing channels, acquiring something you desire via micropayment, or becoming an efficient router.

I mean, am I surrounded by fucking BCash morons today ?

Lol, I'm a Lightning fan.... I'm talking about SIDECHAINS you fucking moron

I am far from any kind of technical expert in these matters, but I do read about what other people say and sometimes attempting to distinguish various kinds of sidechains.  

Some peeps (like Bob just asserted) maintain that LN is just another kind of sidechain, and other peeps try to make the matter more complicated by attempting to imply differences that may or may not be meaningful since there are all kinds of variations that could be considered or be built in terms of sidechains - including the possibility that someday, perhaps a large majority of whatever alts are left in the crypto ecosystem and still valuable would serve as some kind of sidechain to bitcoin.

So, yeah pegging a bitcoin value on the sidechain and serving as a kind of "federated side chain" seems to be something that LN is if you have to have a kind of exact number of bitcoins that go in and later come out.  There may be other ways of either federating or giving value to other tokens in sidechains, but I would imagine that any side chain that does not federate value in terms of bitcoin value, would run the risk of being accused of engaging in a kind of fractional reserve banking (which would be frowned upon unless it is kept in a kind of strict control that is auditable or reasonably knowable.. but still possibly down a slippery slope of engaging in a fractional reserves practice).

https://hackernoon.com/what-are-sidechains-1c45ea2daf3

I see that V8 is quick to the draw, and the linked article does provide some decent outline, too.  Thanks V.   

[mymenace]

Really had it in for satoshi

Which, of course, perfectly explains why Satoshi left Gavin in charge. /s

Who cares

Manifestly, you do. You are the one that brought him into conversation.
Weewy, the weird is wunning wampant this week. <- read that in a Baba Wawa voice.

Nah what I meant was that Gavin is a CIA stooge so why would anyone care if satoshi picked him or not
Once a CIA stooge
always a CIA stooge

[realr0ach]

Did anyone catch this Facebook anouncement?

starting June 26, we’ll be updating our policy to allow ads that promote cryptocurrency and related content from pre-approved advertisers.

In other words, whatever coin TBTF banks/Hebrew moneychangers own will be allowed, but no others.

[JayJuanGee]

Really had it in for satoshi

Which, of course, perfectly explains why Satoshi left Gavin in charge. /s

Let's attempt to pump the credibility of Gavin, who essentially got booted (or demoted) from Bitcoin based on his crazy ass devolution into proclaiming that fraudster Craig Wright was Satoshi....   What a bunch of bullshit that showed that Gavin's true colors were not in the interest of bitcoin and had digressed way too far, and showed him as a kind of naked that had to be purged of his bitcoin powers.

Now LN is the Illuminati?

While I'm not taking a position on the implications, presumably you are aware that:
- one of Blockstream's biggest investors was AXA
- at the time, Henri de Castries headed up AXA
- at the same time, Henri de Castries was also the Chairman of the Bilderberg group
- Bilderberg is widely considered as the core legal entity of the Illuminati

I cannot see you giving up on your own bitcoin bashing, any time soon.

Gavin, is that you?