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

[mymenace]

do not know

Nuclear explosion?  

[1714120594]

1714120594

[1714120594]

1714120594

[Gyrsur]

Is everyone on everyone else's ignore list over here? The fuck happened during my brief absence?

we should establish an open database where everyone can see who has who on it's ignore list.

guess we need an user with higher privileges for that.

https://bitcointalk.org/index.php?action=profile;u=%userID%;sa=ignprefs

https://bpip.org

EDIT: my ignore list so far because I don't want to read my own posts. (no, it's not working.)  

[Millionero]

Is everyone on everyone else's ignore list over here? The fuck happened during my brief absence?

When the cat's away, the mice will play.

[jbreher]

Even more disappointed re: the drop in BCH value. Though I've been buying, so I have more net BCH.

How do you feel about Bitmain holding Satoshi-plus sized bags?

I'll admit, I am conflicted.

I worry about one entity holding that much value.

OTOH, it reassures me that Bitmain has such a large commitment.

I know the local narrative is that Bitmain shit the bed on this. I can see several ways, however, that this works out well for my position - in working out well for Bitmain. Time will tell.

I know wouldn't it be 2x better if they held twice as much!?

comprehend moar. bloviate less.

oh.... and: usernamechecksout

[jbreher]

thanks JJ exactly what we needed a wall of text and discussion on topic to hide the truth

Does shitposting hide what they do not want you to see?

The mind reels at the irony.

[jbreher]

Shall we play a game

knock yourself out. I'm not interested.

[Anon136]

we should establish an open database where everyone can see who has who on it's ignore list.

Code:

FirstAscent
gweedo
ridgemont4
Nemesis
thewindrock
porc
On the QT 2.0
buyer
crumbs
rolling
fleabag
walonek
Bobsurplus
adolf512
Jherek
Emule
JayJuanGee
BlockaFett
Piston Honda
B1tUnl0ck3r
aliashraf
N-rG
vovannovig
ishem
garytheasshole

[33bitcoin]

looks like the reaper has come for the altcoins. I hold a fair amount of alts, so this really sucks , at least btc is staying strong

[strawbs]

*******

knock yourself out. I'm not interested.

There's not much point in putting the trolls on our ignore lists if you keep quoting them.

[leetlezee]

Looks like some people in here are getting so bored with a stagnating BTC price that they're turning on each other with the dreaded Ignore Hammer.  

Here's another in a long line of helpfully speculative articles on the price movements of BTC: https://www.coindesk.com/breakdown-over-bitcoin-indicators-suggest-price-outlook-is-improving/

So everyday the friendly staff over at Coindesk let us know why Bitcoin may or may not move up or down today. Right now, it's really getting to be like the weatherman. "Welp, it looks like today, we're going to be dowsed by buckets and buckets of falling rain, but on the other hand, you never know, some speculative wind may come in and drive those clouds up and away and we could take the Lambo out for a wonderful afternoon drive. Stay tuned tomorrow for some more helpful forecasting from your wonderfully insightful weathermen over here at KBTC."

[Anon136]

@Gyrsur Wow, that's a lot of merit. Thanks buddy. Not sure what I did to earn it but thanks!

Looks like some people in here are getting so bored with a stagnating BTC price that they're turning on each other with the dreaded Ignore Hammer.  

My ignore list is mostly just ancient long gone trolls from a bygone era. Trolls don't seem to tend to stick around for the long term. I wonder why that is .

[Gyrsur]

here we go if you want --> [Survey] Who has who on its Ignore List? (Second try)

we should establish an open database where everyone can see who has who on it's ignore list.

Code:

lucky one! it was an accident by me and my browser.  

@Gyrsur Wow, that's a lot of merit. Thanks buddy. Not sure what I did to earn it but thanks!

[gentlemand]

I only ignore the insane and the posters who you know what they've written just by glancing at the username.

So that's about 2.3 million people.

The google translate zombies don't even register in my mind any more.

[Icygreen]

https://www.imdb.com/title/tt7215388/ https://youtu.be/oQGpdgV_ifI
An unsettling and eye-opening Wall Street horror story about Chinese companies, the American stock market, and the opportunistic greed behind the biggest heist you've never heard of.
Lots of parallels to crypto shenanigans

A good doco (well spotted) but you can't help the feeling of deja vu: 

Massive corporate fraud to rip off ordinary people and the ones who make the money don't give a shit and don't even think it's doing anything wrong.

It's just 'normal', nothing changes. Business as usual. No one goes to jail.

Yes depressing stuff, but I think bitcoin will eventually bring about an honest business climate again. Reputation will be everything, and con-men and idiots will have nowhere to go, except prison or the woodchipper.

The system lapped up the ICOs (and why not - free money) but they don't like Bicoin yet.  They will when they can fractionally reserve it.  Look further into ICE / Bakkt, they want to find a way. 

You do good research, V8.  When you get a moment, check this podcast on what ICE 'may' mean - it's worth a listen:

https://itunes.apple.com/us/podcast/why-ice-bakkt-news-makes-some-crypto-investors-nervous/id1347049808?i=1000417570519&mt=2

ICE wont be stopped by the SEC, they own the fucking NYSE (and 22 other exchanges). It might not all be good news they are looking to get into Bitcoin. 

And before you say 'Bitcoin can't be in a fractional reserve situation' think again.  Because it actually could. 

Um... Like I'll be accepting an IOU piece of paper to represent bitcoin. It was done on metals but I'm not so sure the people are that gullible for the same trick.  Its interesting to see how ICE wants a piece of the pie. They sure as hell wont send my money to anything crypto related as I found out a couple weeks ago while trying. Ha Bullish!

It already happens, though - when you short (as I am sure people here do on occasion), as you 'borrow' Bitcoin to sell.   The Exchange credits or debits accordingly - but the numbers are in a database, no coins are in your personal wallet under your private key.   It's not a big step for an institution to 'lend' coins it has custody over, or lend them twice and for these coins to have more than one owner.  Some exchanges have done this before and some probably still do.  Not all the people want all their bitcoins back at once, so there are always some spare in the cold wallet.

Yes, you or I will always want to have our coins under our own key.  It has always been essential for us to do so.

But other investors would probably rather not.  Institutions can just 'credit your account' with Bitcoin they do not actually have, as banks do with fiat all the time - thus increasing the supply of Bitcoin out there (on paper).  ICE and Bakkt will be custodians of people's coins (how nice of them) and the ability of them to 'use' the coins to make money by rehypothecating them will be part of their business model.

You may not be gullible, but if others accept paper custodianship, then Bitcoins can be rehypothecated and (more) Bitcoins will be bought and sold that do not exist.  ICE are big enough to do this in a much bigger way and the market for Bitcoin may well become just like all the other markets.

And there will be far, far more bitcoins being traded out there than actually exist.

Surely this is a hypothetically scary scenario and we're all familiar how it happened with fiat but we just witnessed exactly this happen with an exchange last week no?  The losses were passed on to customers as I recall.  Since bitcoin has a degree of transparency in audit, if the people ever get whiff of far, far more fakecoin being traded it would create a run on the exchanges and the shady players would be outed.  I think futures are the first attempt at exploring this scenario.  I say let them try. I believe this will inevitably only reinforce one of the key fundamentals of BTC Its TRUST-LESS!  No doubt there may be many fooled along the way until this is understood.  

[jojo69]

Code:

reeses
cunicula
CYPER
smoothie
Come-from-Beyond
augustocroppo
zyk
1nject0r
Atlas
mah87
SLok
afbitcoins
TeeBone
bitserve
AnonyMint
MatTheCat
markj113
revans
Slipage
derpinheimer
ChartBuddy
mymenace
lodse
crumbs
AndrewWilliams
crocko
fonzie
TheCoinBull
eindbaas
Ibian
kkaspar
RAJSALLIN
Carlor
Bitsurprise
bitcoinlitcoinbtcltc
romneybuck
dingrite
r0ach
chopstick
David48l
DaFockBro
supertee
Jacques_Bittard
rafanadal
B1tUnl0ck3r
Darooghe
Potent
yonton
mixerxxpasc
vsyc
RewFrew
pacman7331
vladimir21
valerie_zurich
olumyd
locked_in
realr0ach
Lopumbo
404Revolution
ruphej
OWZ1337
goggles
CRED.me
RolexPresidentz
xxxx123abcxxxx
muadib83
Rsiyz
moneyForjam
Ilovemoonneeyyy
lygerihen1978
unricoonsu1976
ylalamof1983

and ivomm teetering on the brink

[gembitz]

Bitcorn. Looks like she be wantin' ta grow in the right direction again.

https://twitter.com/BigRekts/status/1029748461204393991


^--- Totally fake screenshot

chikun wallet building rekt weeeeeee

[RivAngE]

...

...

....

...

Um... Like I'll be accepting an IOU piece of paper to represent bitcoin. It was done on metals but I'm not so sure the people are that gullible for the same trick.  Its interesting to see how ICE wants a piece of the pie. They sure as hell wont send my money to anything crypto related as I found out a couple weeks ago while trying. Ha Bullish!

It already happens, though - when you short (as I am sure people here do on occasion), as you 'borrow' Bitcoin to sell.   The Exchange credits or debits accordingly - but the numbers are in a database, no coins are in your personal wallet under your private key.   It's not a big step for an institution to 'lend' coins it has custody over, or lend them twice and for these coins to have more than one owner.  Some exchanges have done this before and some probably still do.  Not all the people want all their bitcoins back at once, so there are always some spare in the cold wallet.

Yes, you or I will always want to have our coins under our own key.  It has always been essential for us to do so.

But other investors would probably rather not.  Institutions can just 'credit your account' with Bitcoin they do not actually have, as banks do with fiat all the time - thus increasing the supply of Bitcoin out there (on paper).  ICE and Bakkt will be custodians of people's coins (how nice of them) and the ability of them to 'use' the coins to make money by rehypothecating them will be part of their business model.

You may not be gullible, but if others accept paper custodianship, then Bitcoins can be rehypothecated and (more) Bitcoins will be bought and sold that do not exist.  ICE are big enough to do this in a much bigger way and the market for Bitcoin may well become just like all the other markets.

And there will be far, far more bitcoins being traded out there than actually exist.

Surely this is a hypothetically scary scenario and we're all familiar how it happened with fiat but we just witnessed exactly this happen with an exchange last week no?  The losses were passed on to customers as I recall.  Since bitcoin has a degree of transparency in audit, if the people ever get whiff of far, far more fakecoin being traded it would create a run on the exchanges and the shady players would be outed.  I think futures are the first attempt at exploring this scenario.  I say let them try. I believe this will inevitably only reinforce one of the key fundamentals of BTC Its TRUST-LESS!  No doubt there may be many fooled along the way until this is understood.  

The thing is, they can't print new BTC like they can print new dollars, so this would surely end bad... most likely for the users.
And as I think you said, even if they can borrow non-existing dollars and send you these, the bank will accept them; But a wallet won't accept non-existing BTC.

[Anon136]

Code:

smoothie

Why smoothie? He's not a troll is he?

[leetlezee]

Here's my observation on the current price trend of Bitcoin:

[Hueristic]

roach & mymenace in their absolute element trolling today. Good thing I took precautions a while back.



 

Surrounded and outnumbered.


https://imgur.com/a/gXN4ERc

https://ibb.co/ifWTap

Ahhh dammit files too big.
too lazy to resize and re-upload

just lucky to be a hodler with not to much of shitcoins in my bag

life still the same ....-playing poker as today (only very short session by to much  headbanging complaining ......)
                              -still going on many dinner evenings
                              - still saturday evening dinner and BOOZe
                              -^with sunday sober up day , and premier league football and greasy food
                              -still weekly going to the movie's as seeing manie serie's and movie's @ home
                              -still every day (6of 7) work out.....
                              -still reading WO threat
                               -........
                               -........
                               -And so on ......................

All of my routines still the same THATS HOW HODLERS ROLL     keep on hodling keeping the patience keep leading the same hodling life

only when possible buying DIPS and getting that personal BTC nr UP  

Got a room for the next few nights myself.

https://www.imdb.com/title/tt7215388/ https://youtu.be/oQGpdgV_ifI
An unsettling and eye-opening Wall Street horror story about Chinese companies, the American stock market, and the opportunistic greed behind the biggest heist you've never heard of.
Lots of parallels to crypto shenanigans

Yup, that was definitely worth the watch.

Link for you over-extended guys.

Code:

https://yts.am/torrent/download/0C1726C66181A4BD29D30818E1975AD16B1462C2

"Handlers?"  Are you on acid?

In other news, John McAfee may be in trouble again!

A group of researchers claims to have hacked the Bitfi wallet to claim the $100,000 bounty conditions promised under McAfee's challenge.

 https://cointelegraph.us3.list-manage.com/track/click?u=2c088712615955cd2f82aa968&id=12245a19b2&e=7eb2735572
#sadtrombone
I'm buying up this dip! BTCBTCBTCBTCBTC

and it will be unhackable once again

WTF is up with images?
https://projects.vrac.iastate.edu/REU2017/wp-content/uploads/Inigo-Montoya-WORD-MEANS_2-300x187.jpg