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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 25818170 times)
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theforceht
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August 21, 2018, 02:03:58 AM

Bitcoin mining is now a specialized and very risky industry, just like gold mining. Amateur miners are unlikely to make much money, and may even lose money. Bitcoin is much more than just mining, though!
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JayJuanGee
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ESG, KYC & AML are attack vectors on Bitcoin


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August 21, 2018, 03:04:22 AM

He engages in convoluted distractions including frequently attempting to suggest that there were some kind of burden on others to prove him to be wrong rather than him having both the burden of production of evidence and persuasion about the relevance and strength of that evidence, and further if he were such a supposed genius, he would present his ideas and refrain from ad hominem bullshit....

You are delusional, JJG. In your discussions with Shelby, he provided sound reasoning based upon solid evidence supported by links documenting the evidence.

Bullshit.  He provided convolution and distorted speculation.

How would you know? You never read the provided evidence.

I read enough to reach my conclusions. If there was some kind of warrant for looking at the matter closer, then possibly I would have done that, but Anunymint/Shelby did not make any such presentation.. and so far I have not seen any reason to revisit my conclusions that the guy is largely a troll nutjob that is engaged in spreading FUD nonsense rather than attempting to build and contribute. 

Furthermore, Anunymint/Shelby is and remains a banned person from this forum (the fucktard), so I don't understand what purpose it serves to idolize and put such banned person on a pedestal when he does not have enough posting smarts to NOT get banned (which includes my already assertion that it takes a whole hell-of-a-lot of posting of bullshit nonsense in order to get banned from this forum, which Anunymint/shelby has accomplished on numerous occasions, which also substantiates the likelihood that his ideas don't really deserve any special treatment because even he was not able to present them without unnecessary and irrelevant provocations. 

Another point is that you should also look in the mirror, perhaps, and attempt to figure out why it is so important for you to want to continue to bring up bullshit points and to revere nonsense ideas of a banned person as if his ideas and even his person were/was more than they were?
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August 21, 2018, 03:11:45 AM
Last edit: August 22, 2018, 03:12:16 AM by RoomBot

Buying is not really the hardest part.

Not selling when it pumps or dumps insanely is.


 

Yeah, I remember myself struggling not to sell my extra BTC I got from dumping BCH during the $20k+ December pump.  Grin

It felt good to sell some at $19,000, just to say I did.  Grin

of course just one week before that I was waiting patiently for $10K to sell.

What a wild ride.
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August 21, 2018, 03:11:49 AM

{hate speech} as per usual.
SPEECHLESS .. Angry Angry Angry Angry Angry Angry SOBs..!!!!! and that was back on August 4th.. !!!!!!!!!!!! WOW  Angry Angry... Again, Speechless...

Quoting the roaches racists shit is a "ignorable" offense, FYI.

Using the left's weaponized language isn't much better.

Hah!, I don't even know what that is!

ADDED: Is that like the dark state or something?

I just don't read all that Q shit.

"hate speech"... it's a phrase cooked up by alinskyites to delegitimize and deplatform their political opponents without actually addressing the content of their message. It's like saying "conspiracy theorist" or "denier" instead of skeptic. It's politically weaponized language. I don't know if roaches claim is true or not, but if it is true than there certainly isn't anything wrong with speaking truth. Except for being off topic of course. So if you really wanted to attack it than you should attack it on the grounds of being either untrue, unimportant even if it were true, or off topic. Not on the grounds that it's "hate speech" which is basically saying "shouldn't be allowed because it makes me feel neggies" (coining that word right now, means like feeling negative emotions, but in a sarcastic making fun of snowflakes kinda way).

I'm not defending roach here. Just things like "hate speech" or "conspiracy theorist" are almost as annoying as euphemisms like "people of color" or "undocumented immigrant". Grinds my gears you know.

Anyway I don't want to go down a rabbit hole here in this thread so we should go elsewhere if anyone wants to pursue it further.

Some people are just beyond help and shouldn't be engaged. Flat earthers, scientologists, and roach are just going for publicity or trying to brainwash people. Engaging them just makes them feel more righteous and legitimizes them. Sort of like if i wanted to start spreading a belief that everyone who doesn't agree with me is a zombie controlled by squirrels that live deep deep underground. And don't you dare call it a conspiracy!
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August 21, 2018, 03:27:52 AM

I posted this in a different thread a few days ago, but it seems to be a well-liked chart, so I'll share here:



I didn't make this. Source: https://twitter.com/CryptoKaleo/status/1009156602039971840


If go up, then me like.   Kiss
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ESG, KYC & AML are attack vectors on Bitcoin


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August 21, 2018, 03:42:10 AM

Guys, this doesn't look pretty to me:



Yeah.... If you draw a bunch of down arrows, and you say that the situation looks bad (or not pretty), then that is really scary. 

It feels almost as if such a negative scenario could actually happen and largely because it is stated on a chart.

Those are not just the bunch of down arrows, they are all the attempts of bulls for the short-term breakout; each and every attempt of bulls within the last week failed, and if this continues even a little, it can take us down to around ~$5750.


I refuse to get discouraged before such a speculation happens, even though I am prepared to buy more BTC in the event that it were to happen.  There have been more than 5 attempts to push BTC prices below $6k (and to stay there) since early February.  Even though there is a bit of trouble getting out of this channel, why should we conclude that this time is going to be successful? 

Recall 2015.. there were several unsuccessful attempts to get bitcoin prices to go below $200 and to stay there, and largely bitcoin prices floated in the bottom end of the range (a lot of time between about $220 and $260) throughout 2015, but in the end, what happened... The bears had to give up on getting the BTC price to go down and to stay down.... Isn't some variation of that possible here, too?  Or do we have to expect bears to be successful, this time around?
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August 21, 2018, 03:52:26 AM
Last edit: August 21, 2018, 04:40:06 AM by realr0ach

Remember how I've mentiond Jews run the human organ trafficking industry and child sex trafficking, just like they also ran...black slave trafficking?  (slave trafficking has mostly been semite orientated through history)  It appears Zerohedge today has re-discovered these facts:

https://nationalvanguard.org/2018/08/colombia-ex-israel-forces-member-arrested-as-head-of-massive-international-child-prostitution-cartel/

He's probably not "ex-israel forces", the Israeli govt and AIPAC probably offer them up to US congress and others to try and blackmail them into being servants of the Jew in their war to try and destroy white western nations.
SPEECHLESS .. Angry Angry Angry Angry Angry Angry SOBs..!!!!! and that was back on August 4th.. !!!!!!!!!!!! WOW  Angry Angry... Again, Speechless...

Quoting the roaches racists shit is a "ignorable" offense, FYI.

Quoting Jewish communists and Marxists is an ignorable offense FYI.  You can stop pretending like you have any power now.  Nobody cares about your "if you don't adhere to my Jewish communist and Marxist views then you are a bad person" scam.  The second you even attempt to use that stupid argument in the year 2018 you will be the one that is ridiculed.

It's also hilarious you try to defend Jewish child sex traffickers.  Anyone who has even a remote knowledge of history knows slave trafficking is mostly a semite orientated (Jewish and Arab) profession through the ages. This is why you have the typical Jewish/Arab caricature slave trader in movies like Gladiator and The Mummy, because it's based on reality.  You don't even have to look very hard to find the evidence that Jews are the ones who run this industry.  It's wide out in the open.  It's not even low level Jews, it's the god damn high level Rabbis themselves running it:

https://www.haaretz.com/israelis-exposed-in-organ-trafficking-1.5259773

The evil cult of Judaism will be expelled from every nation on earth.  Mark my words.  A monopoly on the media to spam lies all day, a monopoly on the financial system to try and enslave people with usury scams, organ trafficking, child sex trafficking; literally any type of degenerate activity or fraud is always run by this evil cult.  Why?  Because their religion fake cult doctrine claims it's perfectly okay to do anything you want to a "goyim"; steal from them, take their organs, whatever they want. They will be lucky to only be expelled from America and not all executed by govt decree.  Fair is only fair, right?

https://nationalvanguard.org/2016/03/chief-rabbi-to-non-jews-in-israel-live-as-our-servants-or-be-expelled/

https://nationalvanguard.org/2015/12/killing-non-jews-in-israel-the-new-normal/
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August 21, 2018, 04:08:09 AM
Last edit: August 21, 2018, 04:28:06 AM by realr0ach

short

Nobody is going to short your stupid casino.  Everyone fucking knows the only reason these markets exist is to act as a casino where the house (the criminal scammers who operate places like Bitfinex) trade against their own customers using money that doesn't even exist, or the customer's own funds, to try and blow up their positions to steal from them.  

This is exactly how the regulated markets work as well.  The George Carlin quote is true.  They have a club (8000-9000 or so people estimate, hugely Jewish overrepresented) that have regulatory captured the govt, media, and financial regulators and just run rigged pump and dumps and fake market movements to try and steal from the regular population.  Since the price of bitcoin is entirely controlled by a single entity operating on Bitfinex, this same club probably took over there and runs the bitcoin pump and dump casino as well.

This is why I buy physical silver.  It's the most lucrative play outside of the rigged casino.  I am not participating in paper derivative markets of rigged Jewish casinos (and yes, that's what bitcoin is).  This is also why they hate people buying metals.  They want you permanently trapped as a customer inside their rigged casino where the odds are stacked against you and in their favor.
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August 21, 2018, 05:05:55 AM

Thanks Jbear.  I must admit with all the BCH forks flying around I am losing track of which BCH is supposed to be the real BCH.  Is it the Peter R or Alex F version or someone else’s?

You seem to be unable to discern the difference between: an instance of a blockchain; and a proposal for an instance of a client.

So is the instance of the client with OP_Group enabled the real BCH client or is the real BCH client the one without OP_Group?

Download 'em, run 'em, and see which work on the blockchain.

Oh, you can't? You won't? Not my problem.

I am fairly confident each will work on their respective blockchains.  Unless you are telling us with utmost confidence that Bcash lol won’t HF in November?

No. I am saying that we know not yet which implementation will collect critical mass. Chances are, the miners will mass 99% behind the implementation they prefer, and the 1% will crawl off into obscurity, capitulation, and subsequent chain death. Unless, of course, reality slaps the lagging implementation in the face leading to a kumbaya moment.

Oh I think I understand.  We can’t know which is the real BCH until Jihan picks the winner and then whatever fork Jihan picks has the most POW and automatically becomes Satoshi’s original vision.  

That’s how decentralisation works in action, yes?
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August 21, 2018, 05:17:29 AM

...we were shouted down as FUDsters. Now a Corean is putting forth this very same truism as new knowledge, and the masses are proclaiming some new revelation.

that is pretty much how whackjob conspiracy theory miraculously becomes old news regardless of the subject
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August 21, 2018, 05:22:40 AM

Poor kid, can't believe he's going to spend all of his remaining lifetime in the prison just for trading between bitcoin/fiat for a little bit of commission. Roll Eyes

Any American should've realised long ago that if they dab their anus with someone else's 1 dollar bill that's enough to get you 1 trillion years in prison, that's if you don't have the local police roll out their M1 Abrams, paid for by civil asset forfeiture, and empty it in your face.

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August 21, 2018, 06:09:51 AM

Does anyone have a link to the post about the original Winklevos ETF rejection and how some traders opened big positions on Mex while simultaneously pushing the Finex market? They only had to trade a relatively small amount to lock in a lot of profit from the expected volatility event.
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August 21, 2018, 06:21:36 AM

(which includes my already assertion that it takes a whole hell-of-a-lot of posting of bullshit nonsense in order to get banned from this forum, which Anunymint/shelby has accomplished on numerous occasions, which also substantiates the likelihood that his ideas don't really deserve any special treatment because even he was not able to present them without unnecessary and irrelevant provocations. 

JayJuanGoyim, you will agree with Anonymint whether you like it or not:

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August 21, 2018, 06:43:19 AM
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Are we at the reversal point yet? The funny thing is everybody is talking about bear patterns, but the falling wedge is generally considered as a bullish sign:
"The falling wedge pattern is characterized by a chart pattern which forms when the market makes lower lows and lower highs with a contracting range. When this pattern is found in a downward trend, it is considered a reversal pattern, as the contraction of the range indicates the downtrend is losing steam... In a falling wedge, both boundary lines slant down from left to right. The upper descends at a steeper angle than the lower line. Volume keeps on diminishing and trading activity slows down due to narrowing prices. There comes the breaking point, and trading activity after the breakout differs."
 
https://en.wikipedia.org/wiki/Wedge_pattern
https://stockcharts.com/school/doku.php?id=chart_school:chart_analysis:chart_patterns:falling_wedge_reversal
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August 21, 2018, 06:43:41 AM

@MarkFriedenbach https://twitter.com/MarkFriedenbach/status/1030211193544134658
I will be giving a talk at #ScalingBitcoin on how a block size increase up to 3600x the present size and a change of proof-of-work can be achieved with a fully backwards compatible soft-fork—old clients see all transactions and valid SHA256 block headers.

It's a bullshit argument.  If it changes the security model at all, even slightly, it's a change in fungibility, and thus a hard fork because fungibility was altered.  They only attempt to use this poor argument because bitcoin isn't even fungible (and thus impossible to be money) in the first place.  So the Luke Jr "soft fork" hack is really a hard fork.  You'll notice Jbreher stole this argument of mine and used it to try and promote Bcash lol.

It's getting old watching these people in cryptocurrency trying to raise and lower levers up and down to do arbitrary changes at will exactly like Keynesian central bankers while pretending these things are "decentralized".
They're completely centralized on both the development front and mining front.  This stuff is all a complete joke decentralization-wise compared to physical metals.
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August 21, 2018, 07:49:59 AM

Lingering in the middle... it might take a while.


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August 21, 2018, 08:34:39 AM

One thing I find interesting is people pretending the implosion of Bitmain is a non-factor in Bitcoin.  As I've said a billion times before, a single entity operating on Bitfinex controls the entire bitcoin market.  There are very few possibilities for this entity:

1)  Chinese mining cartel (Bitmain)

2)  Some TBTF Jew bank like Goldman Sachs

3)  The ESF

4)  The Bitfinex owners themselves operating in MtGox fashion (already know they're involved for sure as co-conspirators, but it might not be their money/trades and they might just take a cut as hush money)

In other words, if this single entity operating on Bitfinex that controls the entire bitcoin price turns out to be Bitmain and Bitmain leaves the market, this market is fucked.
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August 21, 2018, 08:37:54 AM
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Funny. When we pointed out that soft forks -- which Coreans put forth as being inherently safe -- were capable of making any change whatsoever, we were shouted down as FUDsters. Now a Corean is putting forth this very same truism as new knowledge, and the masses are proclaiming some new revelation.

I don't think "the masses" are proclaiming any revelations  Roll Eyes

One guy says he will do a presentation demonstrating a way such soft forks can be done.  As of this writing, this claim is still unsubstantiated, and it may turn out that there are issues that make his method unworkable in practice - or he may have genuinely have found a way to soft fork any change.  In either case, there certainly has not been any blind acceptance by "the masses" of Mark's claim nor any 'proclaiming' of anything related to it.

You say "when we pointed out that soft forks ... were capable of making any change whatsoever , we were shouted down as FUDsters".  I was not aware that you and some others had already presented a method to do this kind of thing (and apparently had your method rebuked and refused by 'coreans')...  Can you provide a link to the presentation (and hopefully the 'corean' rebuking as well)?
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August 21, 2018, 08:39:54 AM

Changes that alter the security model or fungiblity are NOT soft forks, NOOBS.
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August 21, 2018, 09:12:04 AM
Last edit: August 21, 2018, 09:28:12 AM by JayJuanGee

(which includes my already assertion that it takes a whole hell-of-a-lot of posting of bullshit nonsense in order to get banned from this forum, which Anunymint/shelby has accomplished on numerous occasions, which also substantiates the likelihood that his ideas don't really deserve any special treatment because even he was not able to present them without unnecessary and irrelevant provocations.

JayJuanGoyim, you will agree with Anonymint whether you like it or not:



The realrOach is making some sense.  Is something wrong in the world?

@MarkFriedenbach https://twitter.com/MarkFriedenbach/status/1030211193544134658
I will be giving a talk at #ScalingBitcoin on how a block size increase up to 3600x the present size and a change of proof-of-work can be achieved with a fully backwards compatible soft-fork—old clients see all transactions and valid SHA256 block headers.

It's a bullshit argument.  If it changes the security model at all, even slightly, it's a change in fungibility, and thus a hard fork because fungibility was altered.  They only attempt to use this poor argument because bitcoin isn't even fungible (and thus impossible to be money) in the first place.  So the Luke Jr "soft fork" hack is really a hard fork.  You'll notice Jbreher stole this argument of mine and used it to try and promote Bcash lol.

It's getting old watching these people in cryptocurrency trying to raise and lower levers up and down to do arbitrary changes at will exactly like Keynesian central bankers while pretending these things are "decentralized".
They're completely centralized on both the development front and mining front.  This stuff is all a complete joke decentralization-wise compared to physical metals.

Oh my gawd!!!!!  

Two posts in a row making sense from roach the poach.



One thing I find interesting is people pretending the implosion of Bitmain is a non-factor in Bitcoin.  As I've said a billion times before, a single entity operating on Bitfinex controls the entire bitcoin market.  There are very few possibilities for this entity:

1)  Chinese mining cartel (Bitmain)

2)  Some TBTF Jew bank like Goldman Sachs

3)  The ESF

4)  The Bitfinex owners themselves operating in MtGox fashion (already know they're involved for sure as co-conspirators, but it might not be their money/trades and they might just take a cut as hush money)

In other words, if this single entity operating on Bitfinex that controls the entire bitcoin price turns out to be Bitmain and Bitmain leaves the market, this market is fucked.

Whew!!!!!!  What a relief!!!!!  Back to normal with some bitcoin is gonna die from one cause nonsense.  I feel better now.

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