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

[HairyMaclairy]

Bitfinex’ed doxed

https://steemit.com/cryptocurrency/@thinkexclamation/organized-fud-how-the-fud-mafia-is-plaguing-this-industry-part-4

[goldkingcoiner]

@kylapoiss, this thread is always really quiet during periods of low volatility. Hopefully BAKKT starts a new bull run. We need something to get us out of this mind numbing, sideways action.

It was worse a few years ago. Nothing but automated chart buddy posts plus a few real posts a day.

The opposite happened when we hit the ATH. If you blinked you missed five pages of posts. Wall observer history will repeat itself when we hit the next ATH.

Yep.... exactamente!!!!   2015 was a pretty long period of flat and a pretty long period of non-enthusiasm with regard to bitcoin.. and of course, a certain decent percentage of the actual post were from members pumping some alt coin or another.

That first pump back up to $500 got everyone posting again. The next pump back up to $10000 should have the same effect.

25k and this forum will be filled with " which bitcoin to buy" or "should I buy now" threads.

[jojo69]

Bitfinex’ed doxed

https://steemit.com/cryptocurrency/@thinkexclamation/organized-fud-how-the-fud-mafia-is-plaguing-this-industry-part-4

chockablock with lulz

[HairyMaclairy]

25k and this forum will be filled with " which bitcoin to buy" or "should I buy now" threads.

This day in history:  27 October 2014.

https://bitcointalk.org/index.php?topic=178336.186220

Including this humdinger:

I got out a while back. A sold my coins a bit above 400 to some poor guy.

[JayJuanGee]

25k and this forum will be filled with " which bitcoin to buy" or "should I buy now" threads.

This day in history:  27 October 2014.

https://bitcointalk.org/index.php?topic=178336.186220

Including this humdinger:

I got out a while back. A sold my coins a bit above 400 to some poor guy.

hahahahahaha

Shroomskit.. what a whiner!!!!  He whined a long time, continuously, and did not have much to contribute beyond the entertainment of his various whinings (even less substance than Rosewater, believe it or not.. hahahahha), and if I recall, he was even correct and profitable for a short period with his couple of rage quits, until he wasn't. 

Fairly common theme of the "I told you so, and I sold my BTC at a higher price than the current price" and then those folks don't buy back in but continue to assert that they got out at a profit.. blah blah blah...   surely variations of "getting roached."

[Searing]

25k and this forum will be filled with " which bitcoin to buy" or "should I buy now" threads.

This day in history:  27 October 2014.

https://bitcointalk.org/index.php?topic=178336.186220

Including this humdinger:

I got out a while back. A sold my coins a bit above 400 to some poor guy.

hahahahahaha

Shroomskit.. what a whiner!!!!  He whined a long time, continuously, and did not have much to contribute beyond the entertainment of his various whinings (even less substance than Rosewater, believe it or not.. hahahahha), and if I recall, he was even correct and profitable for a short period with his couple of rage quits, until he wasn't. 

Fairly common theme of the "I told you so, and I sold my BTC at a higher price than the current price" and then those folks don't buy back in but continue to assert that they got out at a profit.. blah blah blah...   surely variations of "getting roached."

ah...October 27h 2014...so young....barely past 1 year being a 'newbie' ...I miss those days when I was under the illusion that I had all this crypto and bitcoin stuff figured out

sheesh...I was one lame newbie....

(damn...I'm embarrassed...to even think about this)

brad

[yefi]

This day in history:  27 October 2014.

https://bitcointalk.org/index.php?topic=178336.186220

Including this humdinger:

I got out a while back. A sold my coins a bit above 400 to some poor guy.

Love reading the hubris in the old posts. Where are they now? Buried under their own excrement.

[nanobtc]

I think ShroomsKit sold his account, someone in the Netherlands. Cashing out all the way.

His posting changed drastically, several called him out on it.

[lightfoot]

Oh ok. I've read back a few pages it looks like we have all simply gone insane.

Fair enough.

 Care to join us?

I must resist, or I will go totally and completely insane....

Too late.

[realr0ach]

Oh and Kwukduck hasn't been writing much, just a couple of posts now and then (cryptokwuk is the new user I think), maybe we need him spamming to call for the right bottom and fuel for the next bull run.

Since most of you are either very stupid or only autism-level smart and good at only one thing like Python scripting, let me inform you that Kwukduck is a Chinese, Bitmain shill account.  Since Kwukduck has been a pretty accurate reverse indicator in the past, this is probably the best supporting evidence that Bitmain is the identity of the single entity that controls the worldwide bitcoin price through fraud on Bitfinex.  However, there's also the lesser possibility the entity who controls price on Bitfinex (since it was $200) is not Bitmain and instead someone like Goldman Sachs or the ESF, and Bitmain is simply talking their gambling position.

Either way, it's extremely bad news no matter who the identity of this entity that operates on Bitfinex is.  If it's Bitmain (the Chinese), then bitcoin is entirely a massive, Gox-level pump and dump scam that will eventually implode after all their Tether shit and other Bitfinex fraud blows up.  If it's Goldman sachs...same thing...a giant pump and dump scam with the side motive of wanting to lure people into a cashless society slave system and abolish physical money.  If it's the ESF...pretty much same explanation as GS.

This is one of many reasons why I despise bitcoin.  There is no beneficial answer to the identity of this single entity who controls the price.  All answers are extremely bad.  That and shitcoins are all designed to centralize, a giant permissioned ledger tracking system whose only endgame evolution is to be completely govt controlled and identical to the Chinese social credit score system, and whose monetary characteristics are completely inferior to physical metals.

[infofront]

This day in history:  27 October 2014.

https://bitcointalk.org/index.php?topic=178336.186220

Including this humdinger:

I got out a while back. A sold my coins a bit above 400 to some poor guy.

Love reading the hubris in the old posts. Where are they now? Buried under their own excrement.

Haha I started buying from about $435 all the way down. I might have that poor bastard's BTC. At least they have a loving home now.

[xhomerx10]

Nice work on the hats! Can I get one too?



Maybe with a starburst pattern? I'll leave it to artist discretion.  




Cheers

 I hope this is what you had in mind.  This was one of the toughest jobs yet!

 

 Avatar-sized

 


 Gotta put the bucket shop on hold while I install suicide nets.
Actually, I have to go and take a 5 hour "home alone" training course today... my wife is making me go!  I don't know how I survived this long without it.
Don't let Bitcoin moon until I get back please.

Have you guys thought about him installing viruses / worms in those hat pictures ?? ... ROFL!!! ...


edit:  I suggest you take a screen shot of the hat and crop it yourself in paint or something.

 I took the liberty of installing an endangered frog in yours.  Caution - brightly coloured frogs are generally poisonous!



 Avatar-sized

[realr0ach]

Thank you bitcoin for solving the byzantine generals problem

Bitcoin does not solve Byzantine generals as I explained 3+ years ago in the huge 11 page thread below.  Tons of people posted in it from Anonymint, to Come from Beyond, Smooth, etc:

https://bitcointalk.org/index.php?topic=1183043.0

<r0ach> you can't solve byzantine generals problem with a probabilistic model unless you've first solved sybil with a probabilistic model and Bitcoin doesn't do that
<r0ach> because there's no way of telling if all pools are owned by the same person, then it's not collusion or 51% attack, it's a sybil attack
<r0ach> since the essence of the byzantine generals problem is sybil attack, dealing with sybil comes first in the hierarchy before byzantine generals is discussed at all

The Byzantine problem deals with a minority of actors or signal throwing off the consensus of the system or majority.  If you can't determine how many actors even exist in the first place, you're probably always going to lose this test.  This fact might give credence to some form of deterministic block validators model, but that's outside the scope of this post.

The part where the biggest disagreement will come from, is that people will claim there are incentives against a big hash man owning several pools that make up the majority of hash rate.  This is obviously false.  There are no incentives against him taking this course of action, since he can do so in secrecy, there are only incentives against him making double spends.  I would argue that even if he isn't double spending the security model is broken.  If you accept this security model, there's no reason to not accept a security model of one guy always having 90% hashrate out in the open (not trustless, they can double spend at any time).

Since bitcoin was released, there are ORDERS OF MAGNITUDE more people working on digital currency than pre-bitcoin.  The fact that after two billion altcoins and all these new people working on them and STILL there is not a single decentralized coin tells you all you need to know.  From a conceptual point, I can tell you it's 100% impossible to create a decentralized digital currency.  And all these failed projects that have had billions poured into them and came up with absolutely nothing just reinforces that fact.

Conceptually, I can also tell you Come from Beyond with the only half ass attempt so far at unprofitable PoW is the best theoretical path towards one, but unprofitable PoW is an unworkable solution due to requiring artificial convergence.  When the only valid conceptual path forward (unprofitable PoW) is impossible to work, it's game over.

[xhomerx10]

Oh ok. I've read back a few pages it looks like we have all simply gone insane.

Fair enough.

 Care to join us?

I must resist, or I will go totally and completely insane....

Too late.

 You look like a million bucks satoshis!

[realr0ach]

I don't see how hats have anything to do with nazi propaganda

In the beginning of everyone being Jew scammed, the Nazi is hated and scorned.  Once the Goyim know, the timid join him, for then it costs nothing to be a Nazi.

[realr0ach]

Two teenage girls attempt to kill everyone at their school with knives - media doesn't report on it because incident cannot be blamed on white males or guns

https://dailystormer.name/two-pre-teen-girls-hide-in-school-bathroom-with-knives-and-a-goblet-to-kill-drink-blood-and-eat-students/

[HI-TEC99]

This day in history:  27 October 2014.

https://bitcointalk.org/index.php?topic=178336.186220

Including this humdinger:

I got out a while back. A sold my coins a bit above 400 to some poor guy.

Love reading the hubris in the old posts. Where are they now? Buried under their own excrement.

Remember kwukduck who sold at $10?

Don't you guys know the bitcoin ponzi scheme is collapsing right now??
I sold my coins for 10 dollars before it was too late!

no but seriously... i think 50 is on the high end, im guessing next difficulty will only push it to about silver 35-40 USD

The saddest and funniest thing about bitcoin is... That there are still people who think it's ever going to hit 10 again xD

Under $10 is pretty much guaranteed within like a year time.
And no, there will be no recovery, bitcoin is outdated and shown to be ineffective technology.

[cAPSLOCK]

Remember kwukduck who sold at $10?

As a matter of fact, yes.

[El duderino_]

Oh ok. I've read back a few pages it looks like we have all simply gone insane.

Fair enough.

 Care to join us?

I must resist, or I will go totally and completely insane....

Too late.

Resistance is weak in this ONE

Gotta save me Some HAT’s after work out..... XhomerX have been busy

[El duderino_]

This day in history:  27 October 2014.

https://bitcointalk.org/index.php?topic=178336.186220

Including this humdinger:

I got out a while back. A sold my coins a bit above 400 to some poor guy.

Love reading the hubris in the old posts. Where are they now? Buried under their own excrement.

Haha I started buying from about $435 all the way down. I might have that poor bastard's BTC. At least they have a loving home now.

Haha BTC are always good in a hodlerstation