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

[cAPSLOCK]

I think you are way past cracked out. I like Monero as well. But I have no delusions of it being anything near closer to satoshi's vision. Make the case for me?

Well, fungibility, dynamic blocksize, and the absence of manipulative anti-cypherpunk megalomaniac.

I didn't say it was satoshis Vision. I said it was closer to it. The simple absence of Craig Wright nearly fulfills that.

[jbreher]

The market is actually betting that CW is Satoshi, basically.

Not me. I'm betting on the demonstrated hash power that SV has amassed. Why so many ignored such an obvious signal is beyond me. More grist for the 'most people are basically irrational' mill.

Why you think this is dependent upon CSV being Satoshi is a mystery.

I will still believe it when I see it... meaning the actual fork.  This pre-fork pump and dump may be much more profitable than actually following through with an actual fork.  Let's see it... let's see it.  I still remain skeptical... is it 75% likely now, rather than $70% likely.. that still leaves a 25% chance that such stupid ass fork won't happen.

Hmm. I had been hoping for a kumbaya moment. But now that it seems clear that ABC will the minority fork -- to the point where it becomes an economic non-factor -- I am happy for split to occur. I quite prefer the structure of SV over ABC. What with it being essentially 'the original bitcoin minus some coding errors'.

So SV adopts the mantle of The Real BCH as a stepping stone to eventually becoming The Real Bitcoin. Cool. I can live with that.

[HairyMaclairy]

Cryptowinter running on schedule. 




Bottom red line is crypto winter trend line broken.



Tether a bit fucked too.

[HI-TEC99]

Central bank coin coming soon.

https://www.cnbc.com/2018/11/14/central-banks-should-consider-issuing-digital-money-imf-boss-lagarde.html

IMF Managing Director Christine Lagarde said central banks should "consider the possibility to issue digital currency" in a speech in Singapore on Wednesday.

[d_eddie]

What the fuck is this?

People converting BTC into BCH so they can claim free shit fork coins tomorrow?

Doesn't appear to be the case. True, BTC is down. But BCH is down more ATM. BTC/SV, however, is up considerably.

The market is actually betting that CW is Satoshi, basically.

Not me. I'm betting on the demonstrated hash power that SV has amassed. Why so many ignored such an obvious signal is beyond me. More grist for the 'most people are basically irrational' mill.

Why you think this is dependent upon CSV being Satoshi is a mystery.

I will still believe it when I see it... meaning the actual fork.  This pre-fork pump and dump may be much more profitable than actually following through with an actual fork.  Let's see it... let's see it.  I still remain skeptical... is it 75% likely now, rather than $70% likely.. that still leaves a 25% chance that such stupid ass fork won't happen.

That is quite possible, and I've been considering this outcome too. That's why I want to be flat (out of the market) before the shitshow scheduled time - well, except for my historical, suffering long.

I'd merit you again, except I already spent some on you, and I am reluctant to shell out to legends, who really don't need the stuff.

[infofront]

I think you are way past cracked out. I like Monero as well. But I have no delusions of it being anything near closer to satoshi's vision. Make the case for me?

It's hard to have "digital cash" without fungibility.

So if I can read between the lines, you are claiming that the fact that bitcoin is merely pseudonymous makes it absolutely non-fungible, and thereby absolutely useless as digital cash?

Yes, mostly useless. What do you think?

I think bitcoin has already proven itself to be useful as cash.

Bitcoin has also already proven itself to be useful to the FBI and IRS in helping them track transactions.

I'll just say that if I wanted to hide money from the tax authorities, buy contraband without physical cash, or just keep my economic activity private, I'd be using Monero.

Agreed. So make the case that requirement is part of 'satoshi's vision'.

Fungibility is a fundamental and desirable property of cash - even electronic cash. If Satoshi's vision was "electronic cash", we cannot have that with a completely transparent, public blockchain and non-fungible units of currency.

[Phil_S]

Big fight for 5500!

[LFC_Bitcoin]

$5,500 on Stamp  

[cAPSLOCK]

So all of this crash was because 2 guys and some more are fighting on twitter over hash power? Ridiculous market.

This is crypto. Hash power is The Power.

"They vote with their CPU power, expressing their acceptance of valid blocks by working on extending them and rejecting invalid blocks by refusing to work on them. Any needed rules and incentives can be enforced with this consensus mechanism."

- SN, Bitcoin: A Peer-to-Peer Electronic Cash System

Another reason for my earlier claim (which I won't repeat out of respect for the thread).

The days of CPU power mattering in Bitcoin mining are long gone. I don't think Satoshi really included Asics and mining centralization in his vision. So a project that actually is CPU mineable may also conform more closely to his vision.

[El duderino_]

$5,500 on Stamp  

[rafanadal]

and we're in the 5400s

[HI-TEC99]

$5,500 on Stamp  

But we have run out of toilet paper.

[FractalUniverse]

[bitcoinPsycho]

What happened? I thought you people were bitcoins first line of defense? Why are you all sleeping on the job?

Because you aren't wearing a hat.

 Hey, I tried but that JJG amount of text in his avatar is no legible once shrunk to the proportions of the hat even with some creative text compression.

You could bodge it like this one that uses an animated png. However, you can probably only view the animated bit on firefox, or Chrome 59 and later.

 Good idea.  



 Avatar-sized (and bodged)

Once again fantastic work

[rafanadal]

5300s

[gembitz]

 

\\\$4999 WEEEEEEEEEEEEEEEEEEEEEEEEEEE

[rafanadal]

[QuestionAuthority]

What happened? I thought you people were bitcoins first line of defense? Why are you all sleeping on the job?

Because you aren't wearing a hat.

 Hey, I tried but that JJG amount of text in his avatar is no legible once shrunk to the proportions of the hat even with some creative text compression.

You could bodge it like this one that uses an animated png. However, you can probably only view the animated bit on firefox, or Chrome 59 and later.

 Good idea.  

*img*

 Avatar-sized (and bodged)

*img*

Thanks, but I don’t think I’m ready to be one of the cool kids. LOL

[HI-TEC99]

Today bears be like.

[El duderino_]

5 games and list

(1 bearish)
^
that the only F***ing one with some proper action