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

[Elwar]

Gratz on heroing, Hairy! I've missed the exact post - too much going on too fast here.

Thanks Eddie.  I need to acknowledge Bones, Infofront and JJG for pushing me through the 500 merit barrier.

In other news the Chinese police have cracked a $1 billion World Cup crypto gambling ring.

https://www.theverge.com/2018/7/13/17569006/world-cup-gambling-ring-china-police-cryptocurrency

So...you're saying there's at least $1 billion potential in setting up a crypto gambling site...

good to know

[HairyMaclairy]

So...you're saying there's at least $1 billion potential in setting up a crypto gambling site...

good to know

EOS raised more than a billion

[bitserve]

People with a load of money don’t tend to brag about it, they’d rather be discrete. Nobody of any real means wants others to know their personal wealth.

I’m pretty confident of that btw.

As if those with a lot of wealth can actually prevent anyone from finding out. Delusion much.

Still, your idea of decentralized forum will never work.

People will be abusing it to hell. What if CP lovers be the majority there? Hard/Centralized moderation is the only choice.

You seem as usual to not comprehend anything that Shelby designs and writes about.

The entire point is decentralized moderation. That means you can select mtwerp to be your moderator if you want and he can hard delete everything that you will ever see. But others can still find the content if they wish to choose a different filter of the blockchain data.

As for spam, that is simple. You spend something to post. Small enough that you don’t care, but large enough that spammers do care. And besides, if you are given the tokens to spend with for free, and those tokens are appreciating in value, then you are not spending anything. But the spammers will not be able to get those tokens for free, because they are not real people. But if you prefer to remain an anonymous little shit poster, then yeah you’ll need to buy some tokens. Might cost you 10 cents a month. Don’t know if you can afford that though?

Clearly flawed "design". Most annoying spammers would be perfectly able (and happy) to spend way more on posting than "legit" users. That's a FACT (See spam signature campaigns for reference).

[JayJuanGee]

then you could figure out how much trolling you would allow before you took some actions and whether flaunting a previous ban would be good for your forum?  Oh, that's o.k.. just let banned accounts come back and do whatever the fuck they want.    

You cannot understand anything Shelby designs or writes about. You continue to make technological and economic errors every time you reply to anything he has proposed or written about. IOW, Ignore (which is precisely what a decentralized moderation scheme enables).

Oh?  So you are going to pick up the Shelby (anunymint) slack to inform us about something of substance?  Or you just want to defend a troll?  Aka banned person?  By the way, if you have arguments that are really technical in nature, then you might want to present them in another thread.. If you want to spread some unsubstantiated and confusing claims like anunymint was presenting, then maybe you will find yourself in a similar fate, as him?

By the way, even anunymint acknowledged that he was off topic and engaged in a kind of trolling, so it remains a bit unclear how you are going to attempt to carry the anunymint ball in this thread, but I suppose you could try.

Certainly, I take any posts and posters with a BIG ass grain of salt

Yup that is quite evident. Everything goes in one ear and flies out the other, nothing stuck inside to be worse for the wear and tear on actual thinking.

So do you have something substantive to actually contribute?  Did you analyze my 12k + posts to find them unworthy?   What point(s) do you want to make?  Let's hear something substantive from you?  You want to talk about segwit?  or lightning? or big blocks?  Or security?  You realize this thread is about BTC price and wall watching, but if you can make some kind of meaningful connection about some kind of substantive Bitcoin point(s) there may be some folks (including myself) that would be ready, willing and able to interact with you about your insights, if you have any,... .... Go ahead.... I am all ears?  Where we going to start, beside your newbie assessment about me, which is actually irrelevant..? Can you start with something related to bitcoin, maybe related to walls and price, perhaps?

[vapourminer]

Here's a short-list of posters that frighten me:

PoolMiner
HairyMaclairy
LastOfTheV8's
Bob
Nanobtc
MajorMax
Anon136
Theymos is (still) sort of iffy

Updated. This list is subject to change without notice.

What's so frightening about them may I ask?

ooooh another list! can i be on it too. huh huh please please

ohh, wait..

[vapourminer]

2-4 years in a drunken stupor really does just fly by.

I picked a bad time to get clean 

yeah.. i stopped sniffing glue for this??

[LFC_Bitcoin]

then you could figure out how much trolling you would allow before you took some actions and whether flaunting a previous ban would be good for your forum?  Oh, that's o.k.. just let banned accounts come back and do whatever the fuck they want.    

You cannot understand anything Shelby designs or writes about. You continue to make technological and economic errors every time you reply to anything he has proposed or written about. IOW, Ignore (which is precisely what a decentralized moderation scheme enables).

Oh?  So you are going to pick up the Shelby (anunymint) slack to inform us about something of substance?  Or you just want to defend a troll?  Aka banned person?  By the way, if you have arguments that are really technical in nature, then you might want to present them in another thread.. If you want to spread some unsubstantiated and confusing claims like anunymint was presenting, then maybe you will find yourself in a similar fate, as him?

By the way, even anunymint acknowledged that he was off topic and engaged in a kind of trolling, so it remains a bit unclear how you are going to attempt to carry the anunymint ball in this thread, but I suppose you could try.

Certainly, I take any posts and posters with a BIG ass grain of salt

Yup that is quite evident. Everything goes in one ear and flies out the other, nothing stuck inside to be worse for the wear and tear on actual thinking.

So do you have something substantive to actually contribute?  Did you analyze my 12k + posts to find them unworthy?   What point(s) do you want to make?  Let's hear something substantive from you?  You want to talk about segwit?  or lightning? or big blocks?  Or security?  You realize this thread is about BTC price and wall watching, but if you can make some kind of meaningful connection about some kind of substantive Bitcoin point(s) there may be some folks (including myself) that would be ready, willing and able to interact with you about your insights, if you have any,... .... Go ahead.... I am all ears?  Where we going to start, beside your newbie assessment about me, which is actually irrelevant..? Can you start with something related to bitcoin, maybe related to walls and price, perhaps?

Jay, just put him on ignore. It’s likely anunymit on another ALT any way.

[El duderino_]

Bitcoin better be pumping ...... This Nikki beach ain’t No easy shit ......  
Normal during sideways action i avoid This places  
Expect myself to get totally f***** up drinking This early @ 33degrees
But can’t be watching cmc all saturday long during holdiday short trips , Just gives us bitcoinjunks a big squeeze pump for a time  

[El duderino_]

^
Also Going to be to wanted to see something of belgium-england but wtf the game isn’t important
Or worldchampion or nothing i really hate This 3d-4th ending matches they Will never go for full.......
But i’m proud of out team respect @ the highest levels of micgoossens 

[ccminer.net]

So guys, after reading a bit aroud this incoming ETF thing, I didn't decided yet whether this event will pump or dump the price!

Plus it is not clear whether this time the application will be finally approved!

What do you think?

[LFC_Bitcoin]

So guys, after reading a bit aroud this incoming ETF thing, I didn't decided yet whether this event will pump or dump the price!

Plus it is not clear whether this time the application will be finally approved!

What do you think?

None of the previous attempts were successful so why would this one be any different?

I don’t forsee it gaining approval, no.
I do hope I’m wrong though because if it was approved I think the price would pump significantly.

[mindrust]

So guys, after reading a bit aroud this incoming ETF thing, I didn't decided yet whether this event will pump or dump the price!

Plus it is not clear whether this time the application will be finally approved!

What do you think?

I don't think Bitcoin ETF is the same thing as Gold ETF.

Bitcoin will do what it was doing since the beginning. Go up, go down, go sideways, then go up again. 

[Anon136]

Monero is the only coin I hold (for obvious reasons) and I don't think there is anyone left that feels that is a shitcoin.

There are dozens of us. That barrel-shaped plonk-swigging flimflam-spreading double bluff-boasting epitome of a shitcoin.

Monero has real utility that nothing else on the market provides. Why would you hate on it? Do you not think that privacy matters? Or just not often enough to justify it's existence? Do you believe that there are other projects actually provide it? Sorry just, like hueristic said, I find it odd that you would say that so it makes me curious.

I understand his desire not to want to rewrite the same arguments over and over again but couldn't he avoid invoking the ire of the mods by simply making a nice blog and linking to the relevant articles?  

WTF? So you get to discuss and he has to relegate himself to non-interactive communication because why? Because airheads prefer a forum that is an echo chamber. No the problem is that Shelby needs to go to a forum of his peers that does not exist. His peers being those “non-geniuses” who dig deep into technology. As he has been doing with @keean:

https://github.com/keean/zenscript/issues?q=is%3Aissue+is%3Aopen+sort%3Aupdated-desc

Two peas in a pod over there. And most of you will not understand any of it.

Somehow all of the rest of us manage to avoid copying and pasting our same long winded arguments multiple times... How do we ever survive it... Correct me if I am wrong but that is what got him banned right?

[d_eddie]

So guys, after reading a bit aroud this incoming ETF thing, I didn't decided yet whether this event will pump or dump the price!

I think that if an ETF should be approved, which I'm not too convinced of right now, it could be a mixed blessing. Depending on its rules and its effective audience, it can turn out to be a pump&dump machine for the elites or a retail instrument for mom&pops.

The first route could lead to more turmoil, chaos and mainstream scorn. The second route could help bitcoin become what it was designed to be. I'm thinking of mostly clueless baby boomers who could embrace an instrument promising exceptional growth and listed on the "normal" channels. This would lead to universal recognition, and in turn wider adoption.

Admitting some form of ETF is eventually approved, which way will it go? Hard to tell. Verifying a fund's financial solvibility/consistency is a trivial matter, given the way the blockchain works. Verifiable pubblic addresses require virtually no auditing.

However, as said above, the SEC guys are likely just bureaucrats at heart, with a vulture tinge on the side. So rather than certainty of collateral - which is trivial to verify as we all know - they focus on the (in)stability and manipulability of the underlying market - which as of today, is still a hard to deny reality.

We are facing interesting days for sure. And months, and years.

[vroom]

are bots allowed in this forum? We need a bot to report if the mempool reaches a critical predefined level. bob does a good job but he has to sleep at least 8 hours per day. so we need a bobbot.

Bots are allowed, so long as they aren't spammy or malicious.

Part of me really wants to learn how to write bots for these forums; start monitoring my node mempool activity stats, and start barking out posts upon an x% rise over y time.

Or learn how to query market APIs, learn how to use graphing libraries, and spit out graphic posts, but, TBH, my IT/Network/Coding past is behind me.

I want to pursue artistic passions.

Bitcoin/Lightning related matters keep me limber enough - staying up-to-date with tech - so as not to completely atrophy those skills. Fucking around with the official LND release now after upgrading my Bitcoin node from 16.0 to 16.1. Haven't built bitcoind from source, with support for esoteric libraries, in quite a long time.

I will write such a bot and publish my bad code. stay tuned

edit: well, I stumbled over my first problem. login requires a captcha test where the bot has to prove it's not a bot, haha
most likely it's possible to login in manually the first time and copy the cookie, I have to try that.

[ccminer.net]

So guys, after reading a bit aroud this incoming ETF thing, I didn't decided yet whether this event will pump or dump the price!

I think that if an ETF should be approved, which I'm not too convinced of right now, it could be a mixed blessing. Depending on its rules and its effective audience, it can turn out to be a pump&dump machine for the elites or a retail instrument for mom&pops.

The first route could lead to more turmoil, chaos and mainstream scorn. The second route could help bitcoin become what it was designed to be. I'm thinking of mostly clueless baby boomers who could embrace an instrument promising exceptional growth and listed on the "normal" channels. This would lead to universal recognition, and in turn wider adoption.

Admitting some form of ETF is eventually approved, which way will it go? Hard to tell. Verifying a fund's financial solvibility/consistency is a trivial matter, given the way the blockchain works. Verifiable pubblic addresses require virtually no auditing.

However, as said above, the SEC guys are likely just bureaucrats at heart, with a vulture tinge on the side. So rather than certainty of collateral - which is trivial to verify as we all know - they focus on the (in)stability and manipulability of the underlying market - which as of today, is still a hard to deny reality.

We are facing interesting days for sure. And months, and years.

interesting!

May I ask you why you think the ETF will be not approved this time?

THX

[gentlemand]

May I ask you why you think the ETF will be not approved this time?

THX

The previous applications were all turned down because the SEC can't police a global unregulated market. They can only give permission to the things they can 'protect'.

Absolutely nothing has changed since then.

[ccminer.net]

May I ask you why you think the ETF will be not approved this time?

THX

The previous applications were all turned down because the SEC can't police a global unregulated market. They can only give permission to the things they can 'protect'.

Absolutely nothing has changed since then.

So I agree that it will be rejected this time, and I hope all the further times!
I really hope BTC will keep being "UNPROTECTED" and UNREGULATED

[yefi]

ooooh another list! can i be on it too. huh huh please please

ohh, wait..

Strangely, I want to be on the list as well now   

[yefi]

What is the virtue of genius if you lack the resolve to feed your brain with all available data?

Actually, the exclusion of data is vital to the formation of intelligence. The savant Kim Peek, who was portrayed by Dustin Hoffman in Rain Man, showed us what happens when the mind is unfiltered: you end up reading telephone directories.