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

[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

[1714033957]

1714033957

[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

[goldkingcoiner]

lol cashed out on the 10 dollar spike, brb going to buy myself 3 lambos

seriously though, where weeekend pump?

[savetherainforest]

[...]

[...]

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

     

That looks just FABULOUS!!!    


(lets hope them f^kers stop cutting trees)  

[El duderino_]

My goal is to retire before age 40. If bitcoin keeps fucking around,  I may be running out of time too. Besides, I can't stand another 3 years of hat bickering.

In my early 30’s, will be pretty upset if I’m not rich by 2022 tbh

Early 40's here.  Not sure I really *deserve* to retire yet.... but wtf, gimme another 5-10x and I will... or sorta.

when you made a smart move or did good or .... why wouldn't you deserve to retire, BUT if you stay active while retired and do some good shit that helps out one and other.....getting a kind of self-satisfaction by helping a community thats always good not ?
like if i would retire early (what to do with that free time??) i just enjoy beeing in our small family business with my brother, father etc and stay active, enjoy myself very much with just beeing and working together on some things we all like.......

[realr0ach]

seriously though, where weeekend pump?

If metals EVER show a hint of weakness, they are INSTANTLY smashed down by the banking cartel to try and prop up their fiat scam.  In bitcoin on the other hand, the volume is currently ZERO with nobody interested in buying this garbage at all, and what happens?  Absolutely NOTHING.  NO banker smash down at all even while it's completely flatlined with no interest from anyone.  

Kind of clear giveaway the bankers do not actually oppose shitcoins.  That and they've made virtually zero effort to block them legally.  More like the exact opposite - passing laws trying to make it easier for you to use them.
They want people in these scamcoins instead of metals to bait and switch them into a cashless society slave system period.

[DeathAngel]

Those people aren't here to answer you. They already cashed out and left a long time ago. They just needed you to dump their expensive coins on.

are you holding BTC now or USD? and have you switched position during last 1 week?

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

ShroomsKit was an ass hat! We could make a great hat for him....of an actual ass.
Seriously though, if he did actually sell everything at 400 he must feel lile killing himself.

That Brazilian professor ass hole too, I can’t remember his name but he was on here & aware of bitcoin very early on but publicly stated he didn’t buy. He must feel like a right dick head, so much so that he wss very active in writing many notes to the SEC to help stop an ETF being approved. It’s probably burning anger & jealousy that drove him to that.