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

[babanana]

You seem to be full of shit, anunymint and trying to lord over your supposed technical/mathematical skills to spread doom and gloom FUD.

That’s what the deluded always say. Drugs addicts protest. Hashfast scam investors protested. Etc. Facts are facts. Everyone who holds non-legacy addresses will lose all their real Bitcoin and will end up only with Core nonsense scam tokens.

The only deluded one seems to be you.

Sorry but you are factually incorrect.

When you are speculating about the future, by definition that cannot be facts... it is speculation about a future state of affairs.

Most people who provide a meaningful speculation about the future will provide the basis for their prediction... the basis can be based on facts and logic.. and hopefully those facts and logic help to describe how the future will come about from our history, current state and future direction.  If you do not provide a reasonable basis, then you are saying random shit and doing no more than setting forth what you believe to be based on a kind of fantasy.

I provided it in great detail. Do you need the link again for the nth time?

If you do not bother to read the threads I linked to and wish to remain deluded, that is your prerogative because it doesn’t change the facts that have been explained at that link.

It’s not a personal thing. I like you guys.

Of course, none of us know each other.. so none of this should be considered personal, and I doubt anyone who is reasonable is taking it personally.  So, you are getting into irrelevance by going down this path in order to clarify your supposedly pure motives.

You're mighty presumptive. How do you know who I know here? I actually do know some of the guys here at least for example I know the true identity of some of the folks here and have traded more personalized private messages with them.

Also in general what I mean is that I don’t think most of the guys here are paid Core trolls. Rather I just think they are guys who have lost Bitcoin in the past to scams and will continue to do so, because they are gullible. You apparently are included in that classification. You’re presumptive error above and refusal to read the facts and then claim no facts have been presented is indicative of being irrationally addicted to a position.

I don’t have a fight to pick with y’all. Do what ever you want. I will STFU about this matter. Just remember I warned you.

Probably, better if you just shut the fuck up and get the fuck out of here.  Few people in this thread appreciate your non-substantiated bullshit, except perhaps some of the trolls and shills might consider your bullshit to be helpful to their misleading, distracting and FUD spreading attempts in this thread.

There’s no FUD. I stated facts and backed them up with a link to the facts.

I was going to STFU, but you decided to attack me with incorrect allegations. Accusing me of making claims which are not heavily substantiated. Sheesh man, can’t you fucking read?

Long story short, you seem to be buying into nonsense.  I have no problem with the idea of keeping your coins in various location, just in case, but seems like a lack of prudence to base your life on the bunch of nonsense speculative scenarios of FUD spreaders that have low chances of playing out anywhere near their doom and gloom projects... furthermore, your behavior seems to play into their ill-intended and devilish hands.

You really want to believe in your drug.

Get the fuck out of here with your attempts to characterize me as being delusional, when you remain the one who is engaging in what appears to be purposeful efforts to mislead and to fail/refuse to put forth reasonable evidence and logic to back up your pie in the sky assertions.

I stand by my characterization of you. Again you ostensibly have not even read the link which was provided to you several times.

But when I say we are headed into a Mini-Ice age, there is undeniable science making that claim a fact.

You are not saying anything new here... just asserting nostradamus-like woo woo.

There you go again making incredibly stupid and incorrect claims. Exemplifying you have not read the link.

Ditto what I have written about Core.

 Ditto you have said nothing, you ditto head.  

There is a battle going on, and you are not going to reach any kind of meaningful state of stability during a battle that needs a quite a bit of time to play out (and with BIG players, too, attempting to win hearts, minds and finances).

There is not going to be any winning of hearts or political nonsense. There will simply be the removal of real Bitcoin by those who forked off from the hands of those who fork off because they decided they do not want real Bitcoin.

 No factual or logical basis for your stupid-ass assertion.

They were fooled by some drug which promised some nebulous future scalability which isn’t scalability and is actually fractional reserve banking as has already been explained up-thread.

 Your assertions have not been explained with anything even close to approaching adequacy..

Bitcoin exists to destroy everyone who believes in politics. Core is 100% politics. That is why you must tell everyone here that there is no chance that the real Bitcoin will ever force Core to fork off.

You are providing confusing frameworks about who is who... so seems like you are purposefully attempting to mislead, hoping that peeps buy into your purposefully confusing amorphous, titillating and generalizing framework.

You seem highly confused. Reading and comprehending in entirety what is at the link which was provided for you might help, presuming you have the IQ and emotional maturity for assimilating the information at the link.

Because you’re relying on politics to save you.

NOT.  There is math and logic in bitcoin that was started through the whitepaper and carried out through a practice system that has caused decentralized and secure incentives, while allowing players to pursue their own self-interests and the network anticipates that individuals will engage in attacks and distrustful behavior but the system will still be secure based on built-in incentives.

You try to say that we are relying on something that we are not ("politics"), so what you are saying makes no sense... and misleads regarding what is really going on.

You are extremely confused. I explain at the link why Core can only succeed to destroy the real Bitcoin if we presume that the dumb masses are the economic majority. Which is impossible because I even cited research which shows that the top 1% control 34% of the wealth and the top 20% control 80% of the wealth. And the wealth is likely to be even more concentrated in Bitcoin. I already alluded to this up-thread wherein I stated more succinctly that the power-law distribution of wealth is a thing.

You’re relying on fooling the n00bs into using wallets that by default put them on the Core fork without informing them about the true risks and reduction of their security.

People can do whatever the fuck they want, and in the end, they are going to recognize value of bitcoin, including using variations of the latest and greatest of segwit, lightning network, on chain or any other combination of on-chain / off chain that makes them comfortable for their own situation and circumstances.

The value that the wealthy want is to not lose their wealth!

The real Bitcoin is primarily a store-of-value that can’t be fucked with by politically clusterfucked nation-states.

Unlike gold which they can confiscate at every border crossing.

SegWit, Lightening quicksand, and all the politically clusterfucked shit is just more of the same scams of the deluded Westerners. Westerners have become scammers. It is sad.

Furthermore, little by little value migrates over to bitcoin (and gresham's law describes theoretical dynamics) because bitcoin (including its ongoing developments and progress) continues to be the most sound of money/assets with a variety of appealing utility (and ongoing developed use cases) too.

 

Bunny rabbits do not decide the outcome. $billionaires, Schelling points, and maximum security do.

Yes, Schelling points are important,  so it could take time to unravel all of these developments and migration of people and use cases.. but in the end, you are going to be best off keeping a decent stake into bitcoin rather than becoming scared overbullshit and baseless speculation as you, anunymint, would like peeps to feel.

Correct! And that is real Bitcoin, not this Core scam altcoin shit.

Here we go again.If you want to be significant, make a pull request and not make your self another clown in here. I can smell your stink. You need glade too?

[HairyMaclairy]

If you are going to be a bcash lol shill, at least be entertaining.  

[babanana]

Here we go again.If you want to be significant, make a pull request and not make your self another clown in here. I can smell your stink. You need glade too?

WTF does a pull request have to do with:

Correct! And that is real Bitcoin, not this Core scam altcoin shit. Again I have no objection to Core making a fork of Bitcoin or even a soft fork as they have done, but the scam part is they do not disclose the true security risks and just herd the n00bs into default wallet settings wherein the n00bs think they are hodling real Bitcoin but they are instead hodling a soft fork altcoin that can in the future be hardforked off of the real Bitcoin.

If you are going to be a bcash lol shill, at least be entertaining.  

Are you readers so fucking deluded that you cannot see I have linked to the real Bitcoin which is version 0.5.4 of Satoshi’s protocol and I have stated now for the 6th time in this thread that I do not advocate big blocks nor any scammers who attempt to change (the game theory of) Satoshi's protocol and pretend it is real Bitcoin. That includes all the scammers, such as Roger Ver, Core, etc..

Altcoins are fractional reserves of real Bitcoin. Remember Gresham’s law. Altcoins will circulate, real Bitcoin will not.

Wtf. If you are even 1% of what you say how good you are, code it, make a pull request. Otherwise shut up and open your own thread and spread your stink there. This is Bitcoin Wall Observer BTC/USD - Bitcoin price movement tracking & discussion. Your stink don't belong here.

[jojo69]

the JJG overcomer has appeared

the prophecy has been fulfilled

woe and pestilence is upon the land

[mindrust]

If none of you quote him, he will go away. (hopefully) Just put him on your ignore list.

[babanana]

If none of you quote him, he will go away. (hopefully) Just put him on your ignore list.

Yes, will do. 

[nanobtc]

JJG: why use 2000 words when 200 may not lose your audience? Your audience is obviously important to you.

Anonymint: Good to see you here again, but honestly I don't have the time.

[mymenace]

Wtf. If you are even 1% of what you say how good you are, code it, make a pull request.

Not Even Wrong.

How could making a pull request to alter the Core code base have any impact whatsoever on the point I am making here.

The 0.5.4 real Bitcoin code base does not need any pull requests. It is already perfected.

Perfected

what will be used for fast payment issue

[Elwar]

These single large pumps are not good indicators of a turnaround. High volume rise over the course of a day would do it. Not a single jump.

Bitcoin is still under $10k 

There seem to be a lot of ways in which a trend can reverse.. one of them does involve getting some kind of BIG up candle, but sometimes we get trickle too...

Many of us should realize that it can be quite difficult to recognize or figure out a reversal... remember late 2015 and early 2016 - even into early 2017.  In October/November 2015 there was a pump from upper $200s to $500, and then a recovery and then nearly a six month question about whether BTC prices were going to go above $500.  Such $500 price point was again challenged after the August 2016 Bitfinex crash, and thereafter $800 was questioned (including considerations of returning to $500) in February/March 2017 which seemed to revolve around whether various alt coins were a threat towards BTC's dominance and questions about whether BTC scaling was going to resolve...

Personally, I even had my own doubts about when that 2013/2014 trend had reverted into a bull market, and I found the May 2016 push above $500 to be a pretty strongly convincing sign.. in spite of the subsequent FUD spreading and questioning of the strength of BTC and the then upwards BTC price momentum. 

In our current BTC market situation, getting above $10k and staying above $10k might be our new $500 threshold point that needs to be be breached before a certain level of largely unambiguous confidence is achieved (regarding reversal and resumption of the bull market).

I believe the reversal was when we had like 2 months of relative stability in the price. We were less volatile than the Brazilian Real and for a moment we were even more stable than the British Pound. That's a good solid bottom to form the base of the cup for a cup and handle rise.

[realr0ach]

How unpredictable!  The scamming owners of Bitfinex once again trying to artificially prop up the price.

[fragout]

300 dollars will be erased by tomorrow morning, it's not indicative of anything, we've seen this shit so many times.

This is why bitfinex created tether so they can print money out of thin air to create this fictitious sense of euphoria to those who think they are actually going to get a bounce back up so soon.

The entire 2017 bull run was:
>Tether prints money out of thin air
>Uses it to buy Bitcoin
>Bitcoin goes up due to fomo
>Tether sells Bitcoin for real USD
>Now they have $2 billion
>See how tether is backed 1:1 by USD?

And you wonder why the executive from the US left?

Nothing more then a delay in the knee jerk reaction from volume being to low and needing a pep up in price before a national hoilday to keep the masses happy.

From twitter poster https://twitter.com/altcointhoreau/status/1010512351810945027

Tether $3billion now USDT and lets not forget the new EURT which got its first 50 million recently.
How is it that during this latest bear market , it seems no one cashed out Tether for USD? With all the scare stories going on about Tether over the last 6 months, you would think any large holders or exchanges would convert their Tether back to USD???

[windjc]

Whatever happened to “professor” stolfi? Did he run away when the bull market gained speed?

If so, did anyone call him out on his chickenshitness?

[TERA2]

I made some recent updates to my Bitcoin Analysis Thread using Wyckoff Method in conjunction with Godmode and Stochastic RSI indicators:

https://bitcointalk.org/index.php?topic=4466954.msg41196280#msg41196280

This was an older chart in that thread before our dip down completed:

-snip-

This is what it looks like now:

Of course your 'analysis' includes an imminent arrow up all the way above ATH. How could I not guess that? Why do you even bother drawing a chart at all?

[windjc]

I made some recent updates to my Bitcoin Analysis Thread using Wyckoff Method in conjunction with Godmode and Stochastic RSI indicators:

https://bitcointalk.org/index.php?topic=4466954.msg41196280#msg41196280

This was an older chart in that thread before our dip down completed:

-snip-

This is what it looks like now:

Of course your 'analysis' includes an imminent arrow up all the way above ATH. How could I not guess that? Why do you even bother drawing a chart at all?

I like how his arrow is preceded by “BULBs”.

[windjc]

I like how his arrow is preceded by “BULBs”.

 

For those wondering what this Accumulation Schematic implies:

Interesting. Where did you get that?

[hv_]

Here we go again.If you want to be significant, make a pull request and not make your self another clown in here. I can smell your stink. You need glade too?

WTF does a pull request have to do with:

Correct! And that is real Bitcoin, not this Core scam altcoin shit. Again I have no objection to Core making a fork of Bitcoin or even a soft fork as they have done, but the scam part is they do not disclose the true security risks and just herd the n00bs into default wallet settings wherein the n00bs think they are hodling real Bitcoin but they are instead hodling a soft fork altcoin that can in the future be hardforked off of the real Bitcoin.

If you are going to be a bcash lol shill, at least be entertaining.  

Are you readers so fucking deluded that you cannot see I have linked to the real Bitcoin which is version 0.5.4 of Satoshi’s protocol and I have stated now for the 6th time in this thread that I do not advocate big blocks nor any scammers who attempt to change (the game theory of) Satoshi's protocol and pretend it is real Bitcoin. That includes all the scammers, such as Roger Ver, Core, etc..

Altcoins are fractional reserves of real Bitcoin. Remember Gresham’s law. Altcoins will circulate, real Bitcoin will not.

Please explain how the bitcoin code base forked at 0.5.4 and who has been mining it

For the last time, the link for the detailed discussion is here. Those who care about not losing their real Bitcoin will expend the effort to read. Those who don’t, won’t. And that is the way it should be.

SegWit is a soft fork. All miners have continued mining 0.5.4 (at least until a Satoshi miner will take some SegWit donations then we will see which miners mine which hardfork as Core will be forced to hardfork off at that juncture). Read the detailed discussion to become informed. I will not spam this thread by recapitulating all those details in this thread.

May I STFU now without being incorrectly maligned?

Most ppl are running after ideals either posted in textbooks or casted from a real world down to a lower dimensional surface, because no brain ever would be capable of analyzing real world perfectly correct.

So in our real world we are damned to create and  run after poor approaches to some ideals.
Our best approach is constantly creating, understanding, fixing, analysis, creating... at best in an open bootstrapping process to let Banach Fixpoint be found automatically, if existing (and we might have some local, wtf).

We have now BTC and BCH as two such major but dynamic approaches, and we might see others coming up, but that's unlikely IMO.

Nobody should be married with a single solution but always rethinking if one ore another approach is doing better and apply own PoW making it better.

Finally, if you want to do real good analysis of Bitcoin and it's embeddings, you need to do shitty complex stochastic process modeling in an open economic and financial network system , feel free of pointing me to such works, I m highly interested!

Even these works will undergo discussions and disputes ( complex stuff, university fighting) so I d not expect any final conclusion for the world accepted as truth soon.

For the time being, build stuff that works and prove things by simple bootstrapping, then Netscape and Altavista will be replaced by better solutions...

[Speculatoross]

Here's the best cryptocurrencies ranked
(best list ever)

15- You
14- can't
13- rank
12- them
11- because
10- they are
9- all
8- mostly
7- trash
6- with
5- no
4- real
3- value
2- proposition
1- Bitcoin



(found on twitter)

[Last of the V8s]

^sauce?

edit: aha

[Makkara]

[El duderino_]

my new bottom call

2250