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

[El duderino_]

Someone of you guys holding facebook stocks? 

No Just fresh Orange juice and a coffee @ This time .... late breakfast..... 

[Torque]

In the interest of full disclosure, it should be admitted that I have not contributed code to any cryptocurrency project.

And neither have the incompetent BCash devs.

So why don't you take your "response to the ratio of the time derivative of adoption to the time derivative of technology's capacity for transactions blah blah blah" and shove it up your arse.

[Torque]

Did it have an effect on Bitcoin

Facebook plunges 24% as of Wednesday

Is this a shitcoin chart?



Nope. Just Facebook

Gotta love the sweet sweet sound of Central Bankers dumping and going short on the very shares they've been propping up for so many years now. What a coincidence that they did it after hours, eh?

[Last of the V8s]

They probably could not code their way out of a wet paper bag

Haha. There's a better than 50-50 chance that your computer -- yes the very one on which you are writing your ignorant missive -- is utterly dependent upon my code. What have you coded, JJG?

In the interest of full disclosure, it should be admitted that I have not contributed code to any cryptocurrency project.

What code did you write?

Figure it out. Others (apparently) lesser than you have had no problem in discerning.

Ok I'd forgotten all that, assuming that's you.
Now, what's with the zk snarky?

[camaund]

Did it have an effect on Bitcoin

Facebook plunges 24% as of Wednesday

Is this a shitcoin chart?



Nope. Just Facebook

Gotta love the sweet sweet sound of Central Bankers dumping and going short on the very shares they've been propping up for so many years now. What a coincidence that they did it after hours, eh?

That is the Milan Stock Exchange, at NASDAQ Facebook is at ATH. Nevertheless, all stocks are over-inflated, I wish I could see the same thing happening in NASDAQ (most likely sooner than later).

[Robin,Hood]

What is the net result of the mob style introduction of lightning.

1.) shifted the only alternative from litecoin to bitcoin cash
2.) created numerous forks all (most) share the same deflation aspect making bitcoin weaker in the process
3.) created disharmony, lawsuits, confusion and personal insults

I could not care less about Roger or Dr. whats his name. I care about the technical aspect and generally myself.
Isn't there some old saying, Better the Devil you know that the one not known.

Is the forced deviation for pure personal gains/interests by a bunch of individuals of which Lee was one of the main characters (and now wants unlimited bitcoin because of security issues) and had to venture several times to china to convince the miners (and probably forget a suitcase full of coins in the office) in the process or is there a deeper reason?

It is plain stupid to tell someone to buy some money. Bitcoin is an investment. Far better tools exist or can be used to pay for a coffee....
Money has no value it is just a tool. To add the bill of the coffee to my phone bill is just fine at the same time i would not top the phone up with life savings or some crazy amount.

Lighting is akin to ripple tech, no-one with sound mind sinks so low.

I don't claim to have a lot of technical skills, but I fail to understand the jist of your supposed concern about lightning...   From what I understand, lighting is in a testing phase that is getting a lot of increased usage, use of lightning is voluntary, lightning is largely pegged to bitcoin, so I have no idea how it could reasonably in any way be related to a centralized supply scam, such as ripple.

For the time. Will you give personal guarantee that it will remain so for ever. I can tell you it will not, why? Same reason as always enough money hungry whores exist.

Satoshi and scam ripple are light years apart. Lightning is much closer related to scam ripple than to Satoshi.
Satoshi give me an address and i sent you some coins, scam ripple lets establish a banking channel, NO get lost i dont want your scam.

[Torque]

OT : Jim Cramer, what a schmuck.

Cramer Remix: When companies show you who they are, believe them
https://www.cnbc.com/2018/07/25/cramer-remix-when-companies-show-you-who-they-are-believe-them.html

Translation:
"Companies are buying back their stock and lying their asses off to the public about their actual earnings like 99% of the time. The 1% of the time they are actually truthful and run out of money, sell and run like hell."  Yeah, when it's too late.

[V1lpu]

[Torque]

That is the Milan Stock Exchange, at NASDAQ Facebook is at ATH. Nevertheless, all stocks are over-inflated, I wish I could see the same thing happening in NASDAQ (most likely sooner than later).

Sooner.

https://www.zerohedge.com/news/2018-07-25/and-most-popular-hedge-fund-stock

[mymenace]

That is the Milan Stock Exchange, at NASDAQ Facebook is at ATH. Nevertheless, all stocks are over-inflated, I wish I could see the same thing happening in NASDAQ (most likely sooner than later).

Sooner.

https://www.zerohedge.com/news/2018-07-25/and-most-popular-hedge-fund-stock

they talking even harder fall, in the comments of article

[Last of the V8s]

Just need a broker like Schwab etc to do after-hours trading.

[Torque]

The whole U.S. stock market is just insane. They keep lying to the public quarter after quarter, year after year that everything is great, the economy is getting better and better, and profits are up YoY.

If anyone believes this nonsense, they need their head examined. Just one look at this chart proves that nothing has improved with the U.S. economy in the last decade, it has actually cratered. Companies only profit when money moves.

https://fred.stlouisfed.org/series/M2V

[Torque]

I mean, I thought he had entirely restricted stock, which meant it could only be sold/bought within a designated trading window every quarter.

The implication I get from the article is that he's dumping outside the trading windows (unless I'm reading too deep into it), and that's why I'm confused.

Zuckerberg isn't personally dumping. It's the central banks and hedge funds that are dumping. They all have their wagons hitched to FB.

[Ibian]

I mean, I thought he had entirely restricted stock, which meant it could only be sold/bought within a designated trading window every quarter.

The implication I get from the article is that he's dumping outside the trading windows (unless I'm reading too deep into it), and that's why I'm confused.

Zuckerberg isn't personally dumping. It's the central banks and hedge funds that are dumping. They all have their wagons hitched to FB.

Imagine how crazy that would have sounded not even that many years hence. In the near future, central banks and hedge funds will me reliant on a social media app where people share pictures of food and cats. Nobody would have believed it.

[Last of the V8s]

Imagine how crazy that would have sounded not even that many years hence. In the near future, central banks and hedge funds will me reliant on a social media app where people share pictures of food and cats. Nobody would have believed it.

Hey, it's a bit dickish to point out, I know, but this is the second time. 'hence' looks forward in time. Replace with 'ago'.

It does sound a bit crazy, yet it feeds into the (conspiracy) theory that big finance knows or perhaps now thinks it knows exactly how to keep the masses entertained and docile - with catpics and 'foody-ism'.

[Ibian]

Imagine how crazy that would have sounded not even that many years hence. In the near future, central banks and hedge funds will me reliant on a social media app where people share pictures of food and cats. Nobody would have believed it.

Hey, it's a bit dickish to point out, I know, but this is the second time. 'hence' looks forward in time. Replace with 'ago'.

It does sound a bit crazy, yet it feeds into the (conspiracy) theory that big finance knows or perhaps now thinks it knows exactly how to keep the masses entertained and docile - with catpics and 'foody-ism'.

Yeah but language is not a mathematical formula, even if school teachers want it to be. Also english is not technically my first language (even if I probably know it better than my own at this point), so I have that excuse, so nyah.

And the masses will absolutely revolt at some point, just a matter of what the spark will be.

[Torque]

Imagine how crazy that would have sounded not even that many years hence. In the near future, central banks and hedge funds will me reliant on a social media app where people share pictures of food and cats. Nobody would have believed it.

Yeah true. The best part is that the ignorant public believes that this is how these social media companies actually make money.... with memes, cat pics and grandmas baked goods.

Not even close. They make 99.9% of the money from selling user data to other companies, who then use that data to target ad campaigns, email and telemarketing.... and sell to govt agencies to spy on us.

So when a social media company like Facebook essentially tells their investors that they have stopped growing more user accounts, the investors dump the stock. Because they are not going to pay the same subscriber money to FB for access to the *exact same user account data* as they paid for last year, and the year before that, and so on. They already have that data.

[gembitz]

The whole U.S. stock market is just insane. They keep lying to the public quarter after quarter, year after year that everything is great, the economy is getting better and better, and profits are up YoY.

If anyone believes this nonsense, they need their head examined. Just one look at this chart proves that nothing has improved with the U.S. economy in the last decade, it has actually cratered. Companies only profit when money moves.

https://fred.stlouisfed.org/series/M2V

cryptographic money has improved in the U.S.A. ! ahahh

[katherin_panini]

Imagine how crazy that would have sounded not even that many years hence. In the near future, central banks and hedge funds will me reliant on a social media app where people share pictures of food and cats. Nobody would have believed it.

Yeah true. The best part is that the ignorant public believes that this is how these social media companies actually make money.... with memes, cat pics and grandmas baked goods.

Not even close. They make 99.9% of the money from selling user data to other companies, who then use that data to target ad campaigns, email and telemarketing.... and sell to govt agencies to spy on us.

So when a social media company like Facebook essentially tells their investors that they have stopped growing more user accounts, the investors dump the stock. Because they are not going to pay the same subscriber money to FB for access to the *exact same user account data* as they paid for last year, and the year before that, and so on. They already have that data.

Precisely! And then what can they do? Create bots and sell their data? Facebook is backing itself into a corner pretty quick here, and they're gonna get despirate soon.

Data privacy has always been a big lie. But what can we do as consumers, really? Either you don't use their services (and don't exist as far as most people are concerned) or you suck it up and let them sell your data. Google will even listen in on conversations and then throw up relevant ads based on what you're talking about. Really. I've got a friend who worked in an advertising agency with them.

[Hueristic]

Even if bcash is better, look at IPv4 and IPv6. IPv6 is objectively the better standard. It has enough IP addresses that you could have one for every electronic device in your home.

IPv6 has been around since the late 90s. And yet we still use IPv4. Why? Everything has been built on IPv4. It's established. Getting everyone on the Internet to migrate to IPv6 just never happened. Could it? Should it? Maybe. But it didn't.

With limited IP addresses the Internet stopped working right? No. They just adapted and used various layers to represent the various devices you use every day. You may have one router in your home which then assigns a local IP to your computers and phones. Most people have dynamic IP addresses so that when someone's no longer using an IP address it doesn't just sit there, it can be used by someone else. The Internet adapted. The end of the world did not happen as the IPv6 advocates proclaimed would happen once we ran out of IP addresses.

So work with the current Bitcoin protocol and do what you can to make that work because that's what we've got.

IPv6 is used for some LANs and other things within businesses. Maybe bcash can go that route. Who knows.

I can tell you why IPV6 was not adopted out of the box and that is because there there baked in vulnerabilities that M$ and 3 letter agencies tried to push to us and we spent a lot of time and effort vetting that and stripping it out. As far as it's current iteration, I have no clue.

That is the Milan Stock Exchange, at NASDAQ Facebook is at ATH. Nevertheless, all stocks are over-inflated, I wish I could see the same thing happening in NASDAQ (most likely sooner than later).

Sooner.
https://www.zerohedge.com/news/2018-07-25/and-most-popular-hedge-fund-stock

How the hell is Zuckerberg able to dump his shares outside the trading window ?!

The inevitability of a free market, you have a problem with that?

These guys stole my retirement. https://www.britannica.com/topic/Salomon-Smith-Barney-Holdings-Inc