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

[Last of the V8s]

https://musicoin.org/nav/track/0xd2b67f09153669efea7608746cbe69a2400b9484
Hey Bitcoin! by Mach G
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https://twitter.com/theartistmsg/status/1013135144130088961

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[Elwar]

Something that might be interesting to consider is why some of you seem to be so invested in the idea of segwit being the ultimate good that you call anyone who question it, even on a technical security front, names. What's up with that?

In times of war, the cannon fodder must be convinced that they enemy is not human.

It's true. Friend from school, a few years younger, he is an afghan vet. They call the locals over yonder jallas. Cause they go jalla jalla jalla when they attack. Necessary in order to be able to shoot them.

Which brings us to the question, who is the real enemy here?

We used to call them hajjis. It refers to people who have traveled to the Hajj (a ritual of taking a pilgrimage to Mecca). The thing being that it pretty much encompassed all foreigners in Iraq/Afghanistan/etc. even though most of the people working there were Pakistani. One of the commanders sent an e-mail out saying how it was an ignorant slur and to not use it anymore. To which someone asked if we could just call them oompa loompas...  last time I was there the term TCN (third country national) was adopted.

The word they have for us is essentially "the jews".

[bones261]

yes.

if segwit is doomed like anunymint is praising, people would lose trust in bitcoin and blockchain as a whole. that's why there is no advantage in storing coins on legacy addresses.

Praising? Who says he is happy about it?

Something that might be interesting to consider is why some of you seem to be so invested in the idea of segwit being the ultimate good that you call anyone who question it, even on a technical security front, names. What's up with that?

Because many BTC HODLers want to believe that the Bitcoin core team is headed in the right direction. They want to believe that BTC, in it's current state, is antifragile.

It is not pure "belief".  There is evidence to back up bitcoin being secure and ongoing attacks through physical attempts (such as spam), market manipulation and FUD spreading attempts.  So, anyone supporting and investing into BTC rather than pumping a bunch of alt coin and ICO nonsense gotta take "concern spreading" about BTC with a BIG ASS grain of salt.

Well, some people around here are treating this all like it's dogma. Reminds me of when I was in a class converting to Catholicism and I dare challenged the fact about Jesus actually being born on December 25th. The sister was aghast that I challenged this, and her reply was "because the church says so." Needless to say, I am no longer a practicing Catholic.

[jbreher]

- Friday was coincidentally my retirement day. I'd entertain part-time, but they're looking for full.

Hard earned rest. Congrats!

Thanks!

I'm the technical editor of two industry draft standards. I'll keep working on those on my own dime, until they are ratified. But no longer at the behest of others. I'll probably wrap those up in 6-12 months of 10 hour weeks.

[realr0ach]

Give it up criminal moron owners of Bitfinex.  There is ZERO demand for your fraudulent pump and dump.  After those two candles went up, volume was completely non-existent and the thing is just sitting there flatlined like they're trying to sell used tires on the side of the road.  The only question now is how much money are the criminal owners of Bitfinex and Jihan Wu going to set on fire trying to prop up this pump and dump before they give up trying to scam people.

[jbreher]

Hmm so facebook are looking for full-time entertainers
interdasting 

'Twas music that drew me to electrical engineering to begin with. Alas, it proved hard raising a family on a musician's salary - at least at the segment of the industry that I occupied. So the day my youngest was born, I took a job capitalizing on my education. The rest, as they say, was history.

Now I have an extra sixty or so hours per week to devote to music (and whatever other whim catches my fancy). Stoked.

[jbreher]

Something that might be interesting to consider is why some of you seem to be so invested in the idea of segwit being the ultimate good that you call anyone who question it, even on a technical security front, names. What's up with that?

In times of war, the cannon fodder must be convinced that they enemy is not human.

It's true. Friend from school, a few years younger, he is an afghan vet. They call the locals over yonder jallas. Cause they go jalla jalla jalla when they attack. Necessary in order to be able to shoot them.

Which brings us to the question, who is the real enemy here?

An honest search for the truth, apparently.

[jbreher]

Thanks, infofront, for deleting my previous comment in this thread.  You OBVIOUSLY noticed I've began deleting my own posts in this thread.  Too many damn trolls in here who don't appreciate good analysis.

Feel free to delete more.  I'm slowly going through all of my posts to delete ANY posts I've made in this thread.  It's not worthy of my time and effort.

No problem. It's not good practice to go around promoting your own thread and tradingview site, while being a dick to people asking questions.

Well, that's too bad. While I am skeptical about TA's applicability to Bitcoin (at least at this early adopter stage), at least dmwardjr was always on-topic and very sharing with unique information.

His exit lowers the level of discourse.

[Rsiyz]

SO WHY THEY  DONT BUY "YOUR" CASSINO CHIP BTC  ....................    ??    

Grass notes. “Holding physical gold is definitely the best hedge against all sorts of fiat money risks, but from a central bank perspective it is definitely the best hedge against a weakening dollar that is on its way to reaching its intrinsic value which is zero,” he said.

https://www.rt.com/business/431329-switzerland-gold-paper-dollar/     http://claudiograss.ch  


move away from the US dollar is gaining steam.  It just isn't possible for the US to pile on a $trillion or more of debt each year on top of the unpayable mountain of debt already there and still have the US dollar worth something.  Out of the US dollar and into gold is the smart thing to do.

aaand another interesting website  https://alethonews.com

changes can happen fast  .. https://www.rt.com/business/430185-russia-india-defense-deals-dollar/  
                                                https://www.rt.com/business/430020-china-india-oil-buyers/   just next week




thank ..)
*2600*

 nothing ??  ok.. go watch transformers ,captain america..star wars..    like "inteligent crypto supporter"   here ....   

[Rosewater Foundation]

the level of discourse.

[Last of the V8s]

The ice age is coming, the sun is zooming in
Meltdown expected and the wheat is growing thin
Engines stop running but I have no fear
[Sichuan] is drowning and I live by the river

[HairyMaclairy]

We would all be saddened if the level of discourse lowered further by you exiting your bcash lol troll self elsewhere.

It must be hard work being on the wrong side of history.  Every morning you wake up and think, what can I get wrong today?

[Searing]

the level of discourse.

on that bit of wisdom..anyone have a clue on the pump from like $5,800 USD or so per BTC to current $6,360?

was it just plain ...we hit bottom...? and now we bounce? ie consensus this is the basement? or did I miss something of note to drive this?

brad

[Rsiyz]

The ice age is coming, the sun is zooming in
Meltdown expected and the wheat is growing thin
Engines stop running but I have no fear
[Sichuan] is drowning and I live by the river

ice age ... really ??     :      oslo become by hottest city in europe.. from may is there 25-30 celsius everyday an july will by same....  )))
     

[jojo69]

the level of discourse.

on that bit of wisdom..anyone have a clue on the pump from like $5,800 USD or so per BTC to current $6,360?

was it just plain ...we hit bottom...? and now we bounce? ie consensus this is the basement? or did I miss something of note to drive this?

brad

it's a jackoff acclimatization phase

[Ibian]

The ice age is coming, the sun is zooming in
Meltdown expected and the wheat is growing thin
Engines stop running but I have no fear
[Sichuan] is drowning and I live by the river

ice age ... really ??     :      oslo become by hottest city in europe.. from may is there 25-30 celsius everyday an july will by same....  )))
     

Do you have any idea how HAPPY we are that it is not FUCKING COLD up here in the north?

[JayJuanGee]

yes.

if segwit is doomed like anunymint is praising, people would lose trust in bitcoin and blockchain as a whole. that's why there is no advantage in storing coins on legacy addresses.

Praising? Who says he is happy about it?

Something that might be interesting to consider is why some of you seem to be so invested in the idea of segwit being the ultimate good that you call anyone who question it, even on a technical security front, names. What's up with that?

Because many BTC HODLers want to believe that the Bitcoin core team is headed in the right direction. They want to believe that BTC, in it's current state, is antifragile.

Yes, but are they right? Want is a childish way to think. Which would be fine if it didn't matter, you do you etc. But emotions do not dictate physical reality. It is counterproductive.

What the fuck you talking about Ibian?   BTC is decentralized.  You seem to be framing "core" as if it is some kind of centralized team that is making decisions about the direction of bitcoin.  That is NOT the case.  You should understand a bit more about bitcoin, by now.  The direction of bitcoin becomes established by consensus.. and segwit was agreed to, tested, and then activated and implemented through consensus.

Each of us can decide the extent to which we want to invest into decentralized projects or to hedge our bets with various projects that are likely to be more centralized..   In other words, on the spectrum of centralization, there are no other projects that are as decentralized as bitcoin... If you have an example of one, then name it and describe how it is more decentralized than bitcoin.

[infofront]

Thanks, infofront, for deleting my previous comment in this thread.  You OBVIOUSLY noticed I've began deleting my own posts in this thread.  Too many damn trolls in here who don't appreciate good analysis.

Feel free to delete more.  I'm slowly going through all of my posts to delete ANY posts I've made in this thread.  It's not worthy of my time and effort.

No problem. It's not good practice to go around promoting your own thread and tradingview site, while being a dick to people asking questions.

Well, that's too bad. While I am skeptical about TA's applicability to Bitcoin (at least at this early adopter stage), at least dmwardjr was always on-topic and very sharing with unique information.

His exit lowers the level of discourse.

I agree. I deleted the one promotional post he left behind during his effort to purge all of his posts.

This was harsh, but not a deleteable offense (he took care of that):

Ok... So... up or down? 

Can you not read?  MY "BET" is for this being an Accumulation Schematic, Ass Hole.

[JayJuanGee]

In fact, I quite enjoy the ride.

Ice man, I have no idea how you do it.
I'm emotionally drained. I'd check myself in somewhere if they'd have me.

Having equity in your investment helps.  Having a cushion of equity helps.  Having a plan to buy more if price goes down helps.  Having confidence that the BTC price is likely to go up in the future helps.

[JayJuanGee]

Now that I've freed up some sixty hours per week, I might have not only inclination but also time to follow up on some of these areas of inquiry.

Congrats on achieving your extra time, jbreher, and sounds as if you largely accomplished such on your own terms.  Hopefully, your freed up time will move you a bit away from bcash shilling and/or bitcoin bashing to result in more meaningful contributions here.. to the extent that you continue to spend time here.

Let us pray.




Edited: Added response.

%43 btc dominance

Well, at least we get a silver lining.

"we"  ?  

Are you one of the described "we", jbreher?

Of course. If you don't know I have significant holdings of BTC, you haven't been paying attention.

Holding and trading BTC is one thing, but psychologically identifying as one of the "bitcoin in-group folks" - especially while simultaneously supporting BTC attack vectors (such as Bcash and whatever other BIG blocker nutjob talking point flavor of the month) seems to be a bit of a different animal and seems a lot more difficult to fit into "we" camp..  

Whatevs. BCH is not an attack vector.

Yes.  Surely, you and I are starting out with differing starting perspectives.  You have tended to want to read some kind of free market  "all is fair in love and war" acceptance of various BIG blocker attempts to undermine bitcoin.. and to recognize those supposed avenues to keep bitcoin in check as reasonable.

I just don't see it that way.. nor the ethics of attacking to be a fair and honest pursuit of ones vision.  surely, there can be academic ways to recognize the two sides of war, but I don't recognize a lot of the tactics of either bcashers or BIG blockers to fit within those fair and honest adversary. Sure, there are likely some good and decent people within the movements, but I find it reprehensible for folks to be supporting people like Roger Ver and Craig Wright.  Takes only a small amount of time to notice that each of those goofballs is 1) full of shit, 2) disingenuous, 3) an obsessed and emotional narcisist and likely some other negative descriptors that escape me at this moment.  Surely, bcash and BIG blockers are not just composed of nutjobs like Roger and Craig, but still they seem to be somewhat idolized by the BIG blocker and bcash community.

It is a Bitcoin-in-the-wings, awaiting the day that the masses realize that its fundamentals are better than BTC's.

You cannot give up on your bcash is bitcoin vision, and even though theoretically, i can accept that some projects could start out as scams and then progress into something meaningful, and even while bcash started out as a scam, the passage of time does not seem to be legitimizing it with any kind of legitimacy.. especially when it still seems to be engaged with deceptive practices that try to trick peeps into believing that it is "the real" bitcoin.  Hard to go along with that as legitimate or to consider it as anything other than a bitcoin attack vector.

BTC zigged, BCH zagged. Neither are satoshi's immutable protocol (haha - nod to Shelby). I prefer the zag - that's all.

Get the fuck out of here with that attempt at equivalency nonsense.

Bitcoin has the community and the networking effects.  Bcash does not even come close to serving as "the real" bitcoin.