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

[JayJuanGee]

me!
edit: thanx man!

Man the f*** how fast you are 

Catched it 2 times in a row 

They might be the same peeps?   

[JayJuanGee]

https://www.ccn.com/bitcoin-billionaires-winklevoss-twins-sue-crypto-pioneer-charlie-shrem/

This is another case where it is better you can document and explain sudden wealth ie. the origins of it.

Of course, Charlie Shrem should be attempting to live more discretely, especially since he had already gone to prison, and there will be presumptions against him, which could send him back to the slammer - especially if civil pursuits against him end up revealing criminally relevant information.

Now he will probably need to either prove (with full blockchain trace) he had those Bitcoins before the hack or he invested a bunch of money after his release from prison AND how did he obtained the funds to do so. If he can't do that... well...

It seems that the Winklevi had a P.I. on him for quite some time before suing.

Oh, and I seem to remember Roger Ver and others lend/donated some funds to Shrem for his defence because he couldn't afford it.

In essence, Charlie seems a bit fucked because he seems to want to stay in the limelight - but maybe it is just a personality trait (flaw) of someone who comes into the bitcoin space as an early "mover and shaker."    With the passage of time, we will see how this plays out.... If Charlie has a good attorney, the attorney may be able to negotiate some kind of "reasonable" settlement that satisfies the seeming winklevoss persistence.

[El duderino_]

me!
edit: thanx man!

Man the f*** how fast you are 

Catched it 2 times in a row 

They might be the same peeps?   

Stfu jjg







had to do it as well 1 time     

[JayJuanGee]

Good morning Bitcoinland.

Still as flat as Britney Spears without autotune... currently $6361USD/$8346CAD (Bitcoinaverage).

Couldn't wait any longer, sold a couple of coins to pay for my trip/implants. Didn't do too badly. I got just over $8kCAD per coin in a semi-OTC transaction with an ATM operator.

Could have been worse.

So far, when you sell BTC the price goes down, and when you buy BTC the price goes up, so I am afraid that this news is not a good sign.  

The other side of human nature, that folk have quoted on here a lot, is that when the price is $18k EVERYONE flocks to BTC and the volume goes up.

Now at $6,165 USD BTC... everyone has gone home. No Volume at all! Just goes to show, I'm not the only one who, who has this ass backwards, on how

this whole crypto thing is supposed to work!

sheesh!

Yeah, even if you failed to sell high, you did not buy high, so you remain in much better shape than the average FOMO inspired buyer.  Same is true with Jimbo.  His sales are in a position of considerable profit, even if they are much lower than what they "could have been."

Of course, it seems likely if you can HODL through this seemingly long consolidation period, then you will be just fine and continue to be above and beyond the average FOMO inspired BTC buyer.

[El duderino_]

Crawling into the HODLcave gotta sleep on the low intoxication for a perfect sleep, and dream of a massive pump down in the world of bitcoinlandia 

Meanwhile i could appriciate a real time PUMP as well     ( no Tiny pumps and dumps any more, bring us the real shit again )

[jbreher]

https://www.ccn.com/bitcoin-billionaires-winklevoss-twins-sue-crypto-pioneer-charlie-shrem/

This is another case where it is better you can document and explain sudden wealth ie. the origins of it.

Of course, Charlie Shrem should be attempting to live more discretely, especially since he had already gone to prison, and there will be presumptions against him, which could send him back to the slammer - especially if civil pursuits against him end up revealing criminally relevant information.

Now he will probably need to either prove (with full blockchain trace) he had those Bitcoins before the hack or he invested a bunch of money after his release from prison AND how did he obtained the funds to do so. If he can't do that... well...

It seems that the Winklevi had a P.I. on him for quite some time before suing.

Oh, and I seem to remember Roger Ver and others lend/donated some funds to Shrem for his defence because he couldn't afford it.

Well, no. The onus is on the Winklevii to prove that the money Shrem has been spending is rightfully theirs. In theory, at least.

[JayJuanGee]

me!
edit: thanx man!

Man the f*** how fast you are 

Catched it 2 times in a row 

They might be the same peeps?   

Stfu jjg







had to do it as well 1 time     

s


t


f


u



j



j


g




You are correct.  It does feel better.  Go figure?

[Syke]

Well, no. The onus is on the Winklevii to prove that the money Shrem has been spending is rightfully theirs. In theory, at least.

Yeah, this right here ^. Look, I'm no fan of Shrem, but you don't win a lawsuit by alleging someone is not "lucky or successful". You gotta show the evidence of the theft.

[BinaryReign]

So, why not think about spendl as well?

The way you’re saying it, should be spelled spedn  

Edit: thanks for the merit (drop), now if you’ll excuse me, I feel compelled to go buy some lottery tickets  

Good almost HAT time

Oh nice! I really did go buy lottery tickets btw, and if I win I will dump it all for bitcoins! (AKA trying to pump bitcoin price lol)  

[xhomerx10]

MP has his own shitcoin now. Ipso facto he's a shitcoiner now. Innit?

 

Who is MP?  Anyone that "we" (WO thread participants) know?  Does he have a WO hat?

 Mircea Popescu I believe and no, he doesn't have a WO hat but he does have this -

cainii latra, caravana trece

[Rosewater Foundation]

^he's well dressed, I'll give him that

[Last of the V8s]

JJG stfu
https://bitcointalk.org/index.php?topic=178336.msg41601129#msg41601129

[Last of the V8s]

[JayJuanGee]

MP has his own shitcoin now. Ipso facto he's a shitcoiner now. Innit?

 

Who is MP?  Anyone that "we" (WO thread participants) know?  Does he have a WO hat?

 Mircea Popescu I believe and no, he doesn't have a WO hat but he does have this -

cainii latra, caravana trece

Thanks... I browsed through several threads, and still seems a bit of mystery about who he might be, perhaps a bitcoin whale who owns a little known bitcoin exchange, to the extent that it matters.

JJG stfu
https://bitcointalk.org/index.php?topic=178336.msg41601129#msg41601129

O.k.... I am either delirious or dementia'ed... I cannot even  remember that I asked the same question about some person who  does not seem to matter too much...

[realr0ach]

Decentralization does not equal even influence. This is a tired old argument. Any system has hierarchies, and most participants will be at the bottom. Next issue.

It equals lack of influence, and when block validators are doomed to perpetually be some number around 1-10, it's guaranteed to be a permissioned ledger with blacklists run by the govt or corporate cartel.  You would likely need block validators in the tens of thousands or more for it not to be the case.  The only feasible way to accomplish that is where EVERYONE processes their own transactions with unprofitable PoW, just like email PoW. Unprofitable PoW is an unworkable system though, so you're back to square one of a decentralized digital currency being 100% impossible.

[Elwar]

How do you guys deal with excessive drinking? I mean, I'm functional, but would still like to cut down.

I had to just stop it all together, and sought the support of AA for a few years. If you feel that you may have developed a physical dependency, (like having to drink everyday to avoid the shakes,) I would seek medical advice before attempting to stop or cut down.

How much does one need to drink daily to develop physical dependency? I guess it depends on the person, but still maybe you can give a reference?

I think I am in the same boat (no pun intended) than Ibian... completely functional, almost no effect (except the weight gain), but still an absurdly high amount of daily alcohol consumption since maaaaany years ago. I did switch from whisky+coke to beer and wine since I stopped smoking though. That was easy.

I was married to an alcoholic and the best explanation I found for it was this...

When you drink you're essentially drinking a poison. The first few times your body is like 'WTF?' and you puke and feel miserable the next day. Your body continues to fight it for a while but if you're drinking large amounts of alcohol before you're 25 or so while your body is still developing (the earlier, the worse) your body is like 'ok, I guess this is a thing that is necessary'. So your body begins to adapt. It changes your chemistry so that drinking alcohol is part of what you do, it eventually gets to the point where it is something your body needs.
It is at this point that you are an alcoholic. When you go without alcohol your body starts to crave it, as though you are going without water. If you go too long without it you start to get angry for no reason, you convince yourself that having a drink is ok. Your body needs the alcohol.

I can't say what the way forward is because your body chemistry is already altered. I am not sure if stopping drinking will change it back...if you're much older it may take years. For my wife it just got worse and worse...she eventually passed away partly due to the drinking (and trying to use prescriptions to counter some of the problems brought on by drinking).

Personally I have stopped almost completely. Not because I was addicted but I have realized that I may be rich enough in my old age to be able to afford the life extension treatments that most will not have access to. But I don't want to be old and falling apart when that happens so I'm trying to choose a healthy lifestyle. Alcohol adds nothing positive to your body and for me was always something I used as a crutch to socialize better. But fuck that, I'd rather live for 100s of years than be the life of the party.

[realr0ach]

Personally I have stopped almost completely. Not because I was addicted but I have realized that I may be rich enough in my old age to be able to afford the life extension treatments that most will not have access to.

Alright, the #1 most reliable indicator in this thread of when to dump was anytime Elwar mentioned the word "seastead".  He has now doubled down and mentioned living in the movie Elysium in space and using bitcoin to pay for it, which is probably an even stronger reverse indicator.  I have made a lot of trades before.  A LOT.  Most of you have made very few trades.  Anytime I had some stupid thought in my brain resembling these Elwar delusions when my balance sheet was rocketing higher, the market immediately crashed two seconds later.

[HairyMaclairy]

Well that’s the best reason for giving up drinking that I have ever read.

[bitserve]

How do you guys deal with excessive drinking? I mean, I'm functional, but would still like to cut down.

I had to just stop it all together, and sought the support of AA for a few years. If you feel that you may have developed a physical dependency, (like having to drink everyday to avoid the shakes,) I would seek medical advice before attempting to stop or cut down.

How much does one need to drink daily to develop physical dependency? I guess it depends on the person, but still maybe you can give a reference?

I think I am in the same boat (no pun intended) than Ibian... completely functional, almost no effect (except the weight gain), but still an absurdly high amount of daily alcohol consumption since maaaaany years ago. I did switch from whisky+coke to beer and wine since I stopped smoking though. That was easy.

I was married to an alcoholic and the best explanation I found for it was this...

When you drink you're essentially drinking a poison. The first few times your body is like 'WTF?' and you puke and feel miserable the next day. Your body continues to fight it for a while but if you're drinking large amounts of alcohol before you're 25 or so while your body is still developing (the earlier, the worse) your body is like 'ok, I guess this is a thing that is necessary'. So your body begins to adapt. It changes your chemistry so that drinking alcohol is part of what you do, it eventually gets to the point where it is something your body needs.
It is at this point that you are an alcoholic. When you go without alcohol your body starts to crave it, as though you are going without water. If you go too long without it you start to get angry for no reason, you convince yourself that having a drink is ok. Your body needs the alcohol.

I can't say what the way forward is because your body chemistry is already altered. I am not sure if stopping drinking will change it back...if you're much older it may take years. For my wife it just got worse and worse...she eventually passed away partly due to the drinking (and trying to use prescriptions to counter some of the problems brought on by drinking).

Personally I have stopped almost completely. Not because I was addicted but I have realized that I may be rich enough in my old age to be able to afford the life extension treatments that most will not have access to. But I don't want to be old and falling apart when that happens so I'm trying to choose a healthy lifestyle. Alcohol adds nothing positive to your body and for me was always something I used as a crutch to socialize better. But fuck that, I'd rather live for 100s of years than be the life of the party.

Wise words.

Thinking about everything you just said....

[realr0ach]

Likely sign of peak evil cult of Judaism:

https://dailystormer.name/nyt-us-soldiers-enlist-to-die-for-israel-not-defend-our-borders/