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

[Hueristic]

Fuck even Gemini didn't even ask questions like that, fuck those two.

Yeah, where the fuck is "I earn my bitcoins"?

If I'm ever forced to answer those type of questions I always lie to fuck with the big database in the sky. I used to always leave government phone numbers when I had to fill out online forms. That I believe was instrumental in getting telemarketers clamped down on. My little fuck you to the man.

pro tip phishead

monero is /somewhat/ tolerated here, quoting the r0ach...not so much

+1 WOsMerit

#notfunny

I don't recall deleting any of your posts - at least not in the last 4-5 days.

whoops i gave him a good kicking thinking you'd purged him. may have to eat my hat.

It's the agents of discord stirring the pot!

I like the idea of Monero but from a fundamentals POV, I object to its emission policy:

https://www.reddit.com/r/Monero/comments/512kwh/useful_for_learning_about_monero_coin_emission/d78tpgi/

The inflation rate is too high for it to be sound money at this time imho.  

Not to derail (like I could) but did you mean to say sound speculative investment as opposed to sound money?
Otherwise I would have to disagree. S
peculation of course is speculative and therefore not arguable (mostly ).

#notfunny

I don't recall deleting any of your posts - at least not in the last 4-5 days.

whoops i gave him a good kicking thinking you'd purged him. may have to eat my hat.

*shrug* I seem to remember deleting some posts of his like 1 week+ ago, but it's hard to remember. We've had a couple bad waves of newbie troll posts, normally on price drops.
As you suggested, noobs have a greater likelihood of getting banned anyway. At least post a couple of "bottom" pictures or something before trolling.

Fuck it, delete em all and let God sort um out!

Where's my goddamn hat.


EDIT:
HAH...found it!

[1714897494]

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[Ibian]

Even the best product needs good marketing. Humans are emotional animals, not logical ones. That goes for your metal obsession too.

But

No.

[Hueristic]

I suggest that is self-defeating behaviour as the inflation rate prevents the currency from appreciating in value the same way that Bitcoin does, which would then allow transaction fees to support the miners.  

But I am not currently invested in XMR despite holding some in the past, so this isn't something I feel strongly about.  

Guess I should catch up before posting.

Vitalik plays dumb



https://twitter.com/peterktodd/status/1068528442155515904

Todd is the man.

He should be posting here.

+1 WOsMerit

Quibble: Having one or more redundant engines on a boat can be highly valuable.

Quibble: Your analogy suxs and couldn't be more full of relevance fallacy

And another +1 WOsMerit

You guys are on fire today. Or maybe m drugs are just working better.

Tone was right for a long time, but seems rather 'ill' at the moment, and has made some catastrophic blunders.
You were so lucky to get here unlike that noob and it's great you appreciate it so. I'm the same.
It's really easy to criticise a club you're not a member of. Just call it 'clubby' in one direction or another.
We are pretty bulltarded some of us but there is a lot of measured appraisal and different analysis in amongst the noise.

Didn't drink too much tonight myself on dr's orders, and frankly I worry for your liver too, young man.

just a pic of roach's dog with your missus' one eyeing it up saying 'ima rip your throat out'

dude everyone on here is a secret/overt monero bagholder. it's impossible to trade that shit

yup, one day soon we will be drunk on price rises and no alcohol required

Man, you got that right!

1)  Create tons of false flags to try and confiscate all guns

Presidents get shot you spaz. He is not a dictator nor can he be if he wanted to.

Wow, this reminds me why I'm so glad this guy is on ignore. Only a true idiot would think his pea-shooter is any deterrent to a military with tanks, fighter jets, etc. Private guns are no deterrent.

And yet another +1 WOsMerit
And don't forget the majority of the grunts have undeveloped brains.
I always found it sadly ironic that you can die for your scumbag politicians but you are not adult enough to be trusted to drink.
But I did get served while underage and serving (except once and it was my birthday that night!).

You can write whatever the fuck you want.

Best to back up what you say, and surely there are some posters who post a lot of crap here, especially roach.

However, from time to time, even roach makes some interesting posts.

If someone gives you a hint about which posters are not so acceptable, then you can certainly take that with a grain of salt, but perhaps you can also attempt to figure out why that was said, rather than getting on some bullshit censorship theme that is largely considered a stupid ass bullshit argument. 

Go ahead, make some points and attempt to back them up, instead of whining about supposed censorship. 

Edit: 
I saw in a subsequent post you kissed and made up with Jojo and decided to ignore roach. I will leave my comments stand, and surely, my intention is to suggest that you don't need to fear presenting controversial ideas in this thread - whether you are supportive of bitcoin's current direction or not or whether you believe core is too centralized (which does seem to be a bit of a spurious talking point that trolls, pumpers or bitcoin naysayers(nocoiners) like to make), and especially if you are able to back them up with facts and/or logic (hopefully both).  Personally, I do think that you can get yourself into trouble when aligning with trolls or seemingly really dumb ideas before guys and gal in this thread get to know you a bit...   Yet, even if you are known, I doubt that you would need to take any attacks on your post ideas personally - because even though there may seem to be some agreement with so many of the regulars wearing hats, frequently, there is decently high levels of disagreement about bitcoin related topics, relevancy of topics and even whether some kind of happening, such as "stable coins" is bullish, bearish or a bitcoin attack vector.

TLDR...he said DYOR.

[bitmover]

Why all this suddenly monero love?

I think Moneró wallets are too problematic. At least they were few years ago, last time I checked. I sold mine because i couldn't find a good working Monero wallet.

I hear they have better wallets now, but noew I am trying to keep my portfolio simple

[HairyMaclairy]

[Hueristic]

Why all this suddenly monero love?

I think Moneró wallets are too problematic. At least they were few years ago, last time I checked. I sold mine because i couldn't find a good working Monero wallet.

I hear they have better wallets now, but noew I am trying to keep my portfolio simple

Monero sucks.

[infofront]

He hasn't said anything new all year. It's all the same spam recycled.

For some reason, I just realized you capitulated on your hat stance. Bullish

[Raja_MBZ]

Google Searches for ‘Bitcoin’ Just Hit Their Highest Level Since April

https://www.coindesk.com/google-searches-for-bitcoin-just-hit-their-highest-level-since-april

Bullish

[El duderino_]

Google Searches for ‘Bitcoin’ Just Hit Their Highest Level Since April

https://www.coindesk.com/google-searches-for-bitcoin-just-hit-their-highest-level-since-april

Bullish

Just woke up middle of a starting drunk sleep to merit the BULLgoogleSEARCHindicator
Back into hodlsleep

[HairyMaclairy]

Put your affairs in order lads.

Billionaires and millionaires in the U.S. are arranging loans to have funds readily available so they won’t have to sell off investments in the event of an economic downturn, according to Jim Steiner, head of Wells Fargo & Co.’s ultra-high-net-worth business.

“They always want to have lines in place for if markets do turn down and they get capital calls on private investments,” Steiner, who leads Wells Fargo’s Abbot Downing unit, said Monday in a Bloomberg Television interview. “They want to be able to make those capital calls through use of the line as opposed to basically selling equities in the public markets.”

https://www.bloomberg.com/news/articles/2018-11-26/billionaires-are-leveraging-up-in-case-of-downturn-banker-says

[PoolMinor]

http://merltech.org/blockchain-for-international-development-using-a-learning-agenda-to-address-knowledge-gaps/
tl;dr zero success rate in blockchain for development lol lol lol we coulda told you that 5 years ago oh wait we did
piece is admirably dry though

The basic understanding of blockchain that I attempt to explain to others is:

Bitcoin "the coin" is used to transact information within the distributed ledger. Bitcoin is the reward given to the parties that compete to keep the distributed ledger honest. The reward may be exchanged for fiat or other crypto-currency if the party does not wish to use the Bitcoin to create its own ledger entries.
Bitcoin is self-fulfilling in that, one(the ledger) requires the other (the coin). The fee that is generally required to move data or encoded information into the distributed ledger is what gives the Bitcoin its value.

The main reason many companies give up on blockchain technology is because they are lost when it comes to what makes a blockchain secure and/or distributed. If the blockchain they deploy is internalized(private) it offers no monetary advantage; why not just use a centralized database instead? 

[dogebearman]

Google Searches for ‘Bitcoin’ Just Hit Their Highest Level Since April

https://www.coindesk.com/google-searches-for-bitcoin-just-hit-their-highest-level-since-april

Bullish

Do you guys know any long term data/chart available comparing bitcoin google searches- and price development?
I only found this hidden behind a paywall https://www.nber.org/papers/w24877

It was discussed here https://www.coindesk.com/google-search-can-predict-bitcoin-price-increases-study-finds

Notably, this study incorporates data from consumer activity on search forums such as Google and social media sites such as Twitter. It found that a standard deviation increase in searches for keywords such as “bitcoin” forecasted a small increase in the token’s price in the following weeks.

On average, a single standard deviation increase in the keyword search lead to a 2.75 percent price increase, according to the report.

Similarly, a standard deviation increase in Twitter post counts resulted in a 2.5 percent increase in bitcoin’s price.

[realr0ach]

He hasn't said anything new all year. It's all the same spam recycled.

Someone has to handle you scamcoiner's lies.  All you do is sit here and lie almost every day.  You were even pretending earlier libertardianism actually exists when all it is is a power vacuum that lasts for a split second before being taken over by a strongman.  The definition of a nation is a people of shared heritage (genes), culture, and experience.  Libertardianism is mostly a weakening and destabilization scheme identical to the Protocols of the Elders of Zion, just with a different name.  

Libertardians and anarchists are always nothing more than useful idiots used to try and weaken nations for an external or (((foreign))) actor to attack them:

"6. Political freedom is an idea but not a fact. This idea one must know how to apply whenever it appears necessary with this bait of an idea to attract the masses of the people to one's party for the purpose of crushing another who is in authority. This task is rendered easier if the opponent has himself been infected with the idea of freedom, SO-CALLED LIBERALISM, and, for the sake of an idea, is willing to yield some of his power. It is precisely here that the triumph of our theory appears; the slackened reins of government are immediately, by the law of life, caught up and gathered together by a new hand, because the blind might of the nation cannot for one single day exist without guidance, and the new authority merely fits into the place of the old already weakened by liberalism."


"14. In any State in which there is a bad organization of authority, an impersonality of laws and of the rulers who have lost their personality amid the flood of rights ever multiplying out of liberalism, I find a new right - to attack by the right of the strong, and to scatter to the winds all existing forces of order and regulation, to reconstruct all institutions and to become the sovereign lord of those who have left to us the rights of their power by laying them down voluntarily in their liberalism."

[PoolMinor]

Google Searches for ‘Bitcoin’ Just Hit Their Highest Level Since April

https://www.coindesk.com/google-searches-for-bitcoin-just-hit-their-highest-level-since-april

Bullish

Do you guys know any long term data/chart available comparing bitcoin google searches- and price development?
I only found this hidden behind a paywall https://www.nber.org/papers/w24877

It was discussed here https://www.coindesk.com/google-search-can-predict-bitcoin-price-increases-study-finds

Notably, this study incorporates data from consumer activity on search forums such as Google and social media sites such as Twitter. It found that a standard deviation increase in searches for keywords such as “bitcoin” forecasted a small increase in the token’s price in the following weeks.

On average, a single standard deviation increase in the keyword search lead to a 2.75 percent price increase, according to the report.

Similarly, a standard deviation increase in Twitter post counts resulted in a 2.5 percent increase in bitcoin’s price.

Data/information is only as good as its source. Highest level being 15, not bullish. Edit: Bitcoin Cash has a "16". 

[HairyMaclairy]

[Elwar]

Put your affairs in order lads.

Billionaires and millionaires in the U.S. are arranging loans to have funds readily available so they won’t have to sell off investments in the event of an economic downturn, according to Jim Steiner, head of Wells Fargo & Co.’s ultra-high-net-worth business.

“They always want to have lines in place for if markets do turn down and they get capital calls on private investments,” Steiner, who leads Wells Fargo’s Abbot Downing unit, said Monday in a Bloomberg Television interview. “They want to be able to make those capital calls through use of the line as opposed to basically selling equities in the public markets.”

https://www.bloomberg.com/news/articles/2018-11-26/billionaires-are-leveraging-up-in-case-of-downturn-banker-says

If you can take out a loan on your capital it means you don't have to pay capital gains taxes since you never sold for a profit.

[xhomerx10]

He hasn't said anything new all year. It's all the same spam recycled.

For some reason, I just realized you capitulated on your hat stance. Bullish

 Yes but he put up one helluva good resistance; fought the good fight as it were.  

[HairyMaclairy]

If you can take out a loan on your capital it means you don't have to pay capital gains taxes since you never sold for a profit.

Which is why Bitcoin secured loans can be attractive instruments, used wisely.  No tax.  But don't fuck up and get liquidated and watch your interest charges. 

[xhomerx10]

Put your affairs in order lads.

Billionaires and millionaires in the U.S. are arranging loans to have funds readily available so they won’t have to sell off investments in the event of an economic downturn, according to Jim Steiner, head of Wells Fargo & Co.’s ultra-high-net-worth business.

“They always want to have lines in place for if markets do turn down and they get capital calls on private investments,” Steiner, who leads Wells Fargo’s Abbot Downing unit, said Monday in a Bloomberg Television interview. “They want to be able to make those capital calls through use of the line as opposed to basically selling equities in the public markets.”

https://www.bloomberg.com/news/articles/2018-11-26/billionaires-are-leveraging-up-in-case-of-downturn-banker-says

If you can take out a loan on your capital it means you don't have to pay capital gains taxes since you never sold for a profit.

 Would it be possible to get a forgivable loan and not pay capital gains taxes?

[HairyMaclairy]

Put your affairs in order lads.

Billionaires and millionaires in the U.S. are arranging loans to have funds readily available so they won’t have to sell off investments in the event of an economic downturn, according to Jim Steiner, head of Wells Fargo & Co.’s ultra-high-net-worth business.

“They always want to have lines in place for if markets do turn down and they get capital calls on private investments,” Steiner, who leads Wells Fargo’s Abbot Downing unit, said Monday in a Bloomberg Television interview. “They want to be able to make those capital calls through use of the line as opposed to basically selling equities in the public markets.”

https://www.bloomberg.com/news/articles/2018-11-26/billionaires-are-leveraging-up-in-case-of-downturn-banker-says

If you can take out a loan on your capital it means you don't have to pay capital gains taxes since you never sold for a profit.

 Would it be possible to get a forgivable loan and not pay capital gains taxes?

I am guessing that forgiving the loan would trigger a taxable event.  But why not repay the loan in BTC.