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

[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     

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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/

[BotanicKilt]

Nice story on Reddit:

When your favorite bar in Berlin decides to reintroduce the first and only BTC ATM in town on BTCs birthday despite legal issues and you ask the bar owner how come it's back and he replies: "Because my balls are made out of steel!"

https://www.reddit.com/r/Bitcoin/comments/9tte4o/when_your_favorite_bar_in_berlin_decides_to/

Website of this restaurant is solid as well:

http://www.room77.de

[Biodom]

There are no known life extension technologies (so far).
The most promising tech currently would be senolytics, but preliminary data show that the result would be longer "healthspan", but not an extended lifespan.
Eventually, we might be able to upload ourself into some substrate, but it might not be characterized as a life extension, but some kind of "presence", perhaps.
I am not sure that this would even be desirable from an uploadee perspective.
I can see that it could be good for relatives for 'closure', perhaps.

[realr0ach]

Eventually, we might be able to upload ourself into some substrate

People who believe things like this, that humans can just magically upload themselves into a robot, are classical 'smart idiots'.  In every one of these hypothetical cases, both entities can exist at the same time, so you have not uploaded jack shit.  You have merely created a copy - a clone.

We've already had this discussion in-depth on this forum with a Monero dev under the delusion that immortality can be achieved by uploading yourself into a robot:

https://bitcointalk.org/index.php?topic=971275.0

[Hueristic]

So Bloomberg's finest got through to a secretary who said 'no idea' and 'nunya bizniz anyways' and an article was born.

I would also be suspect of Bloomberg's relationship with the large exchanges that are recently launching their cash tied stable coins.

I agree.

Can someone make Arthur Hayes shut up ?

https://www.ccn.com/bitcoin-price-bitmex-ceo-doubles-down-on-bear-call-says-btc-could-fall-to-2000/

CCN reported earlier this week that Hayes, a former Citigroup trader, is now predicting that the bitcoin downtrend could last another 18 months, mirroring the “nuclear bear market” the crypto industry experienced in 2014 and 2015. Writing in Friday’s edition of the BitMEX Crypto Trader Digest, Hayes doubled down on that portentous outlook.

Well this makes me Bullish!  Telling all the Sheeple to sell.

Look at those Bollinger bands on the 1D and 3D charts.

All my charts are 2D. Not enough money for better monitor.

3D monitor, do want.

~snip~
MANY HAT's created THX

Kitty want to buy yours Bictoin



Avatar

A forgery!

Hat fork alert!

Can't even get close to catching up tonight.

[realr0ach]

I agree.

Now all we need is JayJuanGee to agree to have the full round of reverse indicators.