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

[Rosewater Foundation]

Anyone else notice we seem to be under constant dedicated denial of service attacks? Or is that just me?

Over 6000+ btc spend on new forum software. You'd think we'd have something usable by now.

Is it still Wednesday?

[1713931382]

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[1713931382]

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[HairyMaclairy]

Is it still Wednesday?

No. 

[Rosewater Foundation]

Australia

His countrymen put CSW in the context of Australia's tradition of brash, unabashed confidence men. I read an article somewhere about that. Maybe I can find it. It was quite good.

[Rosewater Foundation]

Maybe I can find it. It was quite good.

Nope. Can't find it.

Here's an excellent repost tho

https://blog.wizsec.jp/2018/02/kleiman-v-craig-wright-bitcoins.html

And a pithy meme

[HairyMaclairy]

Australia

His countrymen put CSW in the context of Australia's tradition of brash, unabashed confidence men. I read an article somewhere about that. Maybe I can find it. It was quite good.

Alan Bond.  Serial con man.   And took the America’s Cup. 

https://en.wikipedia.org/wiki/Alan_Bond

[smartcomet]

I've read only four.

[lightfoot]

Being rich is having money: being wealthy is having time

Time and money are negotiable.

One of the key truths in life is that each of us has a certain amount of time that is, for all intents and purposes, set. It's the one thing you really can't buy more of, but you can use what time you have to the greatest extent possible.

In my world, I can do something myself, or pay someone else to do it for me. If I enjoy doing it, why pay someone else. If I don't the question becomes can I do something more valuable with that time while someone else does the thing in question.

Case in point: Last weekend I needed to replace the fan and other belts on my 928. I also had to weed the garden, it really needed it. So I used Takl to find someone to weed the garden for a hundred bucks while I spent some of the time replacing the belts (something I enjoy) and drinking seltzer in the hammock (something I enjoy) while this person did the weeding (something I enjoy less). It would have cost $500 plus an hour dropping off and picking up the car for a mechanic to do it, so I came out ahead and prevented a decrease in my net worth. That made sense.

I like the concept of jungle time: If that recharges you and allows you to come back to the world to make more money then it's a good thing. Myself, I like to invest money in the finest swiss tools and reflow equipment; I can then use that to fix miners and stuff to make more money. Buying cheaper things is doable, but the lost time dealing with crappy tools prevents me from making more money (well, bitcoins).

Interesting thoughts. I may never buy a new car or house, but that's mainly because I derive pleasure, fulfillment, and enlightment from fixing stuff and keeping it running. As long as the pleasure outweighs the cost it's good. When the cost outweighs the pleasure it's time to get rid of the car or house or tool.

I like this thread, makes me think. Good use of my time, even with all the ass eating and race baiting.

[infofront]

To have more time is why I bother with Bitcoin investment. I want to retire from this career and spend my time as I see fit. But I need enough net worth saved up to keep my current lifestyle up for the next 50 years (currently in my mid-30s).

[jojo69]

Over 6000+ btc spend on new forum software. You'd think we'd have something usable by now.

shhhhhhhhhhh

we don't talk about that

[sirazimuth]

<lots of worthless looking books>

I've read only four.

four more than me....

[Torque]

<lots of worthless looking books>

I've read only four.

four more than me....

A few on that list are good:

Outliers
Rich Dad Poor Dad
The Power of Now
The Subtle Art of Not Giving a Fk

... but the rest are shit

[d_eddie]

I've been far from bitcoin for a while. It's necessary for me once in a while - to keep some sanity.
Now I'm catching up with the posts, and I'm still 100+ pages behind, around August 8-9.

I know what happened later - yes, on coming back to the WO I've taken a good look at the charts. It's kind of entertaining to see the developments reflected in the posts here. Except for Rosewater's breakdown, I mean.

[Rosewater Foundation]

Rosewater's breakdown

Sparkle sparkle

[jojo69]

just wait till you get to the tentacle porn eddie


edit/ and a merit for you...I too read the entire thread after an absence and I know it's a chore







(well ok, "entire" may be stretching it, I have an extensive ignore list and will admit to skimming many JJG posts)

[realr0ach]

Not quite scientific, but the last dip went a lot lower on both Bitstamp and Gdax than ScamFinex.  This indicates they're trying to raise the price on the fake exchange (ScamFinex) to dump on the two real exchanges (Gdax and Bitstamp).  If the price went lower on ScamFinex instead, it would indicate they're trying to shakeout longs for a move upwards, but that didn't happen.  

This has been my theory about why ScamFinex exists at all - just a fake exchange they can try to manipulate price with to influence price on real exchanges, kind of like the only reason the Comex exists for metals.  Both Comex and Bitfinex have absolutely nothing to do with the real metals or bitcoin market, but they set the price through fraud.

[d_eddie]

Allright I'm reviving old posts, but I just saw it now.

Good time to go to Turkey on holiday, cheap as fuck, been twice. Food is a bit shit but weather is great & beaches are nice.
Been planning to get my teeth done there next year by a well known company out there, full set of pearly white veneer’s, very cheap when compared to UK/US prices for similar work.

What's the totty like though?

Women in urban Turkey (I mean Istanbul or Izmir) aren't generally covered with burqas. At least they weren't last time I was there - a few years back, but already under Erdogan rule. The ones I met were of surprisingly, hm, liberal customs. Maybe it's because they're used to men who are arrogant and take them for granted? A decent attitude, a little wit and a vague hint of gentleness (gentle as in "gentleman") got me much more than I was expecting, in both quantity and quality.

Maybe it's different in places like Antalya, though.

[yefi]

I've read only four.

Here's what I think of your books.

[bustedsynx]

Over 6000+ btc spend on new forum software. You'd think we'd have something usable by now.

shhhhhhhhhhh

we don't talk about that

LMAO

[MrZ28s]

I've read only four.

Here's what I think of your books.

LMAO! Anymore to say ser?

[DaRude]

The modem thing blows my mind because anyone who has been around longer then a decade knows the internet used to be slow as hell.   Australia especially, their internet sucks so I dont understand that exactly.
  All I guess there that makes sense is he just used university internet and didnt have much interest beyond that like the codec revisions to normal telephone usage.  But he is interested in crypto protocols somehow, seems a bit off.   How can he be the age he is and not recognise 27mb is a very big file to transmit for the old technology.   Thats not even a crypto question, how long has he used computers for


The BTC price is below 50% tracement level for the last peak to trough decline.  Lows are the 50 DMA area just beaten.   7500 area would be good resistance and 38% of the larger May to June peak into decline move

And never had a home DSL/cable lines back when speed was crap? So the guy who doesn't know the difference between bits and bytes convinced the idiot big blockers that big blocks are safe? Everything seems to check out, nothing to see here.

On a separate note, i agree with Vitalik's statement. If he somehow pulls a clown out of his ass and proves that he's real Satoshi, instead of thinking how great he is, at this stage, people will just realize how dumb Satoshi was. Which is good in a long run, BTC doesn't need saints In Math We Trust! not In Satoshi We Trust