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

[alevlaslo]

Very confusing name - cryptocurrency. Therefore, it seems that we are talking about a currency like the dollar, only digital. But the dollar is also digital. And it's not about deflation, and not that ETH is not created by the government, but by miners.

ETH is a Protocol for transmitting value. And when you understand this, everything becomes clear and the huge value of ETH and its prospects.

It is more logical to compare it not with money, which is a measure of value, but the cost itself can not transfer. Therefore, we certainly need intermediaries to transfer this cost (banks, money changers, exchanges, people, ATMs, etc.).)

ETH is closer to the Internet than Money because it is a Protocol. It is able to convey value in itself and this is its value.

The Internet is a Protocol for transmitting Information. ETH is a Protocol for transmitting Value.

Both of these core protocols are the basis on which global networks are being built.

ETH is the third Protocol after the Internet and bitcoin.

Bitcoin is the second Protocol after the Internet. Now there is not even one application for it.

It as if the Internet in the form of the Protocol already was, and here any site under it isn't present.  ETH is the third Protocol with applications.

And how to explain to the layman that before you a valuable thing? It is clear that the inhabitant will tell is a  fraud

But we are at the very beginning.

But the heyday of ETH-it's close.

[1713938292]

1713938292

[jbreher]

In mildly entertaining entomologies
https://bitco.in/forum/threads/gold-collapsing-bitcoin-up.16/page-1300 and ff
https://medium.com/@_unwriter/the-resolution-of-the-bitcoin-cash-experiment-52b86d8cd187

That latter article is worthwhile - plenty to ponderate, no matter where you lie on the BTC/ABC/SV spectrum.

[gentlemand]

Are we talking about a left-wing/right-wing situation or more a bottom-up approach?

I can't bring myself to look at it but the guy at Bangkok airport who strip searched me said it looked like a lasagne with a wig on.

Still, piss works its way out somehow so my blessings are counted.

[QuestionAuthority]

Coinbase launches OTC trading desk.
https://www.cheddar.com/videos/exclusive-coinbase-launches-otc-trading-desk


Nasdaq plans to launch bitcoin-based futures contracts.
https://bitcoinmagazine.com/articles/nasdaq-reportedly-looking-bitcoin-futures-despite-bear-market/

Rumor: VanEck is partnering with Nasdaq to bring a regulated crypto 2.0 futures-type contract.

Coinbase off-book trading for whales? I’m not sure how that helps me but yippee.

People need to get their coins the fk off of Coinbase. I'm sure that they are fractional reserve, and doing OTC for whales will probably make it much worse. Plebs will be 'leasing' what they think are their coins from the market makers.

In a run to sell in a crash, who do you think will get their orders filled first: Whales or the plebs?

Seen this movie before, it's exactly what happens with stocks in the stock market.

Exactly what I was thinking of when I read the article.

[d_eddie]

Do bitcoiners have a super low libido or something? I remember a while back someone asked if we would prefer to have 3 bitcoins on the clause that we could never get more, a tulip farm with a guaranteed yearly income for life, or to be married to some random hot chick (with picture). Not one of us chose the chick.

Not one of you chose to be married to the hot chick.

[HairyMaclairy]

In mildly entertaining entomologies
https://bitco.in/forum/threads/gold-collapsing-bitcoin-up.16/page-1300 and ff
https://medium.com/@_unwriter/the-resolution-of-the-bitcoin-cash-experiment-52b86d8cd187

That latter article is worthwhile - plenty to ponderate, no matter where you lie on the BTC/ABC/SV spectrum.

The laughable part is he now thinks SV is the answer.  Horse to water, etc.

[El duderino_]

Do bitcoiners have a super low libido or something? I remember a while back someone asked if we would prefer to have 3 bitcoins on the clause that we could never get more, a tulip farm with a guaranteed yearly income for life, or to be married to some random hot chick (with picture). Not one of us chose the chick.

Not one of you chose to be married to the hot chick.
[/quote]

Problem is already have a chick as HOT AF

Very true story

( yeah, only bob don’t like the false nails )

[realr0ach]

Is that not you? I expected a skinhead for sure.

Those are fabricated, racist, Jewish caricatures of Nazis.  Judaism and Zionism are identical to Nazism except beneficial to Jews and detrimental to everyone else.  Nazism was mostly just whites adopting the Jew's own ideology where they are the ones who benefit instead of being trampled, and they look like any snapshot of regular white people.

[JayJuanGee]

Objective fact: I had already been through a number of proportional magnitude spike/crashes. Your dissembling does not change this reality.

Oh?  So in your mind, you are smarter based on certain kinds of experiences?

Not at all. However, living through several X increase followed by huge loss in one month's time cannot help but induce a lizard brain / emotional response. All I am saying is that I have been through more such cycles -- at least in bitcoin -- than you. And other asset classes, as a general rule, do not behave thusly.  So likely more such cycles regardless of asset class.

Accordingly, it seems unlikely that your characterization of my mental state is likely flawed. And may likely contain some measure of projection.

I may or may not be smarter than you, but such would not have anything to do with my response to your characterization.

O.k.  Fair enough.

I am willing to temporarily make-up based on those kinds of representations, at least we can have a beer based on that - but I am not going to go so far as to spend a holiday meal with you... hahahahahaha  not yet, unless you are dating my sister or something, then I would likely be able to tolerate over a meal or a holiday gathering... .

By the way, I still do believe that you responded a bit too much and too strongly to me - because all I stated was that "you probably was feeling nervous based on market circumstances."  I will concede that in reality, I don't know what the fuck you would have been feeling and specifically how you are dealing with some of the BTC price movements (and those other shit coin projects), and in the end, it does not really matter.  I named you as my example, because you happen to be a kind of symbol in this thread (a talking point), in part, based on the strong positions that you have taken in regards to BIG blocks and bcash, and some other bitcoin bashing, such as bashing segwit and other consensual developments in bitcoin including its governance. 

The fact that you frequent upon bitcoin bashing makes you a talking point target, and what I say does not even need to be personally about you and your particulars, it is merely a talking point - to say "jbreher must be feeling blah blah blah."  Who gives a shit how jbreher is actually feeling, because it is a reference to a symbol that happens to likely be a real person (actually I am not even accusing you of being a non-person, yet...  )

Personally, I think that it is fair game for me or anyone here to razz you or attempt to razz you in various ways, partly because you defend bcash so vigorously (which is widely disliked by active participants of this thread), and you get plenty of zingers into suggesting bitcoin is flawed in various ways, that just seem to be parroting talking points of bcashers and other alt coin pumpers, ICO pumpers and bitcoin naysayers.

Regarding my experience compared to yours, blah blah blah.. who fucking cares?  People come to this thread with various kinds of experiences and abilities to contribute, and over time some of us grow more into the thread and some might grow away from the thread, and there are many variations in between in terms of how life experience or thread experience might allow for various kinds of contributions...

Anyhow, we might have reached at least a bit of a temporary kind of truce here, for now, but I don't necessarily expect you to stand down in any kind of meaningful way, exactly, either, you stubborn fuck.   

[Ibian]

Do bitcoiners have a super low libido or something? I remember a while back someone asked if we would prefer to have 3 bitcoins on the clause that we could never get more, a tulip farm with a guaranteed yearly income for life, or to be married to some random hot chick (with picture). Not one of us chose the chick.

Not one of you chose to be married to the hot chick.

Point. A very fair point.

[El duderino_]

via Imgflip Meme Generator


Normal i don’t drink during the week, but cause its a special day for roach... i decided to go for a quick bite and a glass of red wine

Cheers

[JayJuanGee]

Only a plain bagel at these coin prices boys.

I assume that the cup contains hemlock instead of coffee
at this price level?

at these prices? probably just mixed some dirt in to give it color.

and bulk it up a bit, too.

[Ibian]

Is that not you? I expected a skinhead for sure.

Those are fabricated, racist, Jewish caricatures of Nazis.  Judaism and Zionism are identical to Nazism except beneficial to Jews and detrimental to everyone else.  Nazism was mostly just whites adopting the Jew's own ideology where they are the ones who benefit instead of being trampled, and they look like any snapshot of regular white people.

Interesting. Give us a rundown (without the angry sperging) of similarities and maybe differences as well?

[Spaceman_Spiff_Original]

However, living through several X increase followed by huge loss in one month's time cannot help but induce a lizard brain / emotional response. All I am saying is that I have been through more such cycles -- at least in bitcoin -- than you. And other asset classes, as a general rule, do not behave thusly.

Yeah, bitcoin is like a crash course (pun intended) in market cycles.

[HairyMaclairy]

[JayJuanGee]

Huh?  What does Dan Larimer have to do with bitcoin?  He's an altcoin pumper and creator

What is your opinion on (((Satoshi Nakamoto)))

Thanks for asking, even though I am just one opinion.. so I am not really sure what it matters about what I think at this moment, but at least it seems to be more closely related to bitcoin than dan larimer.

Satoshi Nakamoto is a pseudo-name that is behind the creation of bitcoin - it's white paper and the initial couple of years of mining... What else is to be said, and why you put parenthesis around satoshi nakamoto?  By the way, I do recall that dan larimer is in the books as being someone who interacted with satoshi on a few ocassions, seeming like a kind of troll, and satoshi has a relatively famous response to him saying that if larimer does not do some looking into the matter, he does not have time to explain to larimer... .something like that... Are you trying to make some kind of connection based on that interaction?  The burden is on you to make your point, not upon me to guess whatever the fucking point that you are trying to make (if any?).

[Last of the V8s]

In mildly entertaining entomologies
https://bitco.in/forum/threads/gold-collapsing-bitcoin-up.16/page-1300 and ff
https://medium.com/@_unwriter/the-resolution-of-the-bitcoin-cash-experiment-52b86d8cd187

That latter article is worthwhile - plenty to ponderate, no matter where you lie on the BTC/ABC/SV spectrum.

The laughable part is he now thinks SV is the answer.  Horse to water, etc.

So does the guy who wrote the article.

[JayJuanGee]

Huh?  What does Dan Larimer have to do with bitcoin?  He's an altcoin pumper and creator

What is your opinion on (((Satoshi Nakamoto)))

I still am under the impression that he deleted all of his wallets when Gavin got the CIA involved out of fear he would be charged with aiding every Silk Road transaction unless he put a backdoor in. He knew a backdoor would kill Bitcoin and just deleting everything and forgetting about Bitcoin would be a cheaper easier alternative then being forced to dump his coins to pay for an attorney to fight tooth and nail to keep his freemdom.

And?  We know who is Satoshi Nakamoto, or he disappeared?  Is he still alive?  Under your theory, Satoshi's coins should never move again, unless they are either hacked or some kind of consensus evolves around recovering them, which seems doubtful at this point.

[Paashaas]

A small distraction (OT) to btc pricing minutiae:

https://www.technologyreview.com/s/612458/exclusive-chinese-scientists-are-creating-crispr-babies/

A daring effort is under way to create the first children whose DNA has been tailored using gene editing.

This would open a Pandora's box, most definitely.
All talk about current inequality is just about numbers that could be attained one way or another.
Not so simple if you are essentially MADE genetically different.
For maximum publicity they started with the gene that is accessory to HIV (CCR5).
No active CCR5 present, no HIV.
Will it stop there? Of course, not.

Nice...now we can all disign our own babies ore create an entire new master race.

This method is untested and banned in many countries even the Chinese goverment is not happy about this ''breakthrough''.

Playing with human DNA is dangerous, scientists already tested it on mices to slowing down the aging gen but indeed the mices lived 2x longer resulted in horrific side affects.

The babies will be resistant to HIV, smallpox, and cholera (if it works) but at a cost off....

[Last of the V8s]

^^They tested it on Mises?