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

[xhomerx10]

I can not attach it to my profile, activity 98..., at the moment, I'm going to buy a frame, I'll hang it in my office.

Thanks Xhomerx10, is perfect, design, texture, background, beautiful, proud of this hat.

 Wow.  I feel honoured
Thank you!

[RivAngE]

@bitserve

I agree with all your points and I'd like you to allow me to add two more point...

Even if there was no fractional reserve and even if all the peoples' money were really existing in banks, we'd have two more problems: security and "precision (?)".
1) The problem of security with cash is obvious, notes can be stolen and centralised digital accounts can be hacked. A successful 51% attack on a widely used blockchain though is not as easy.
2) I can't put a name on this problem but I'll give an example: A bank is holding 10% of a countries wealth in notes. An explosion scattering some in the air while destroys and burns others. What happens next? Do you print the notes again? Do you subtract the missing amount from the bank's own account? What about the notes that went flying? Similar problems in a much smaller scale happen every day, for example having a low value note cut in half or a coin drop in the sewers. I might interpret it wrong but I think that fiat currencies can't work with 0% fractional reserves and money printing, only the blockchain can work without these and still operate fine.


By the way, I'm from Greece, I've been through Capital Controls and we're still under some controls, for example we cannot top-up investment accounts with cards, only through the slow wire transfers.

[realr0ach]

By the way, I'm from Greece, I've been through Capital Controls

The amount of dumb sluts begging for money on the internet is skyrocketing through the stratosphere and probably signals much bigger financial collapse and capital controls soon:

https://www.reddit.com/r/WhereAreAllTheGoodMen/comments/a9nqal/everywhere_i_look_i_see_these_tradthots_they/

[VB1001]

Let them talk, talk, talk..., warming up the engines.

Cambridge Judge Business School



https://www.jbs.cam.ac.uk/faculty-research/centres/alternative-finance/publications/2nd-global-cryptoasset-benchmark-study/#.XC4sw1xKiUk

[hv_]

Instead of Chartbuddy bumping it every hour, is engaging It the new sign of thread deadness?

It's just as mechanical and uncreative.

I want chartbuddy and Adam back..

 

[Kylapoiss]

I love the download speeds nowadays, most stuff arrives in an instant. I remember when a mp3 took a week to download if you were lucky.

[Hueristic]

Red flag!

HitBTC freezes customers accounts ahead of Proof of Keys Event...

https://www.ccn.com/bitcoin-exchange-hitbtc-freezes-customers-accounts-ahead-of-proof-of-keys-event/

HitBTC has been a scam since day one and has been warned about as well. It is connected to the Bytecoin Crew and has been shown to have fake volume. Anyone who puts money on an exchange and cannot be bothered to place a search with the term "Scam [insert exchange here}" deserves to lose their coins.

[Hueristic]

Why do I get the feeling that something is up for later this afternoon.
Like an instant spike to the moon and back - or not.
Probably delusional. Haven't really made sense of the "proof of keys" thing. Always ambiguous when herd mentality comes in to play.

@r0achie I think you want to buy BTC in the dip, so that you can finally get that silver pressure cooker you've always wanted.

I doubt proof of keys will come to anything. Anyone who cares already keeps their BTC off-exchange. And very few will pass up trading opportunities to move their funds to their own control anyway - assuming they even know how.

Well it already has if it makes just the threat of it force scam exchanges to show their hand lit hitbtc has done.

[Hueristic]

I think "Proof of Keys" is an unnecessary burden to the Bitcoin & exchange networks... I don't like the idea of shooting myself in the foot. I understand the idea of not letting exchanges use our coins in a fractional reserve setting, but I don't think it will make a difference for just one day... If they want to do it, they will, since they will always have some of our coins in their wallets. The good qualities of Bitcoin (decentralized, distributed, immutable, fungible, borderless, permissionless, rare, capped, non-inflationary), as compared to fiat, are guaranteed by its design, not by what exchanges do or don't do.

Why not do the opposite: withdraw all of our fiat from the banks! That would put a stress to their network...

I'm all for that but it would not make a difference as the Gov would socialize that event and cover with our money anyway under the "too bid to fail" umbrella.

[bitserve]

I can not attach it to my profile, activity 98..., at the moment, I'm going to buy a frame, I'll hang it in my office.

Thanks xhomerx10, is perfect, design, texture, background, beautiful, proud of this hat.

Hey VB, congrats on your 100+ merits and getting your hat exactly at the 10th Bitcoin anniversary!

[Paashaas]

Bitcoin Adoption Gets Boost: Chapwood Index Asserts Actual U.S. Inflation 10 Percent.

Buy Bitcoin -No Joke-

Holding money in fiat can lead to severe losses of money long-term in the presence of inflation. At 2.5 percent per year, which is the average CPI, $100,000 stored in a bank account would be worth only $77,600 after 10 years. If the Chapwood Index is accurate and real inflation is around 10 percent, then that $100,000 in the bank would be worth $34,900 after 10 years.

These devastating long-term losses make saving money in fiat impossible, forcing people to work for the rest of their lives. Also saving money for a house would be practically impossible, forcing people to pay rent for the rest of their lives, which is much more costly than a mortgage.

To add insult to injury, CPI-based pay raises will lead to workers getting less and less purchasing power each year. This makes a perfect storm where people essentially become slaves and have no hope of making anything but the absolute minimum to survive if that. This inflation situation destroys the American Dream.

Holding money in Bitcoin instead of fiat in the bank may be a better choice, since it could give people the ability to buy houses and eventually retire, versus losing all of their savings from inflation and working like a slave while living in increasing poverty due to wages not keeping up with inflation. In Venezuela, hyperinflation has already become a harsh reality, and people are choosing cryptocurrency over fiat to protect the value of their money.

https://cryptoiq.co/bitcoin-adoption-gets-boost-chapwood-index-asserts-actual-u-s-inflation-10-percent/

[Toxic2040]

30m

[El duderino_]

BTC better pump on its anniversary .... common, give us Some green

[VB1001]

In the photo of The Times at the bottom there is a Hash of the block 554,509



Thanks, Satoshi. We owe you one.

Happy 10th birthday, Bitcoin

Hash:

000000000000000000037e741045a99121918e6ee717108fc77ec40b7419a829

“ThanksSatoshi” is included in the Coinbase input.

CoinBase
030d7608040b771a5c2f205468616e6b735361746f736869202f4254432e434f4d2ffabe6d6d2ce fdddb4341345a5f494751a87e59567f4ddc88488dfff0df7bfc7cf57c0f22010000000000000042 14622919ba000000000000
(decodificado)  vw\/ ThanksSatoshi /BTC.COM/��mm,���CA4Z_IGQ�~YVM܈H����{�|�|"
Bb)�

https://www.blockchain.com/btc/tx/bd9d5c05d4f5e7256160f27a55678c3b8f0c38914c20c471b87832f46576c9a1?show_adv=true

[jbreher]

Here’s the thing.  If you keep pumping a shitcoin run by a money launderer and a con man, but you won’t even commit to that shitcoin, then you will justifiably be called out as a hypocrite and shill each time you raise the issue. 

Unless you're running your entire life free of fiat, you've got no room to spout off.

[VB1001]

I can not attach it to my profile, activity 98..., at the moment, I'm going to buy a frame, I'll hang it in my office.

Thanks xhomerx10, is perfect, design, texture, background, beautiful, proud of this hat.

Hey VB, congrats on your 100+ merits and getting your hat exactly at the 10th Bitcoin anniversary!

Yes, it's a nice coincidence.

[Last of the V8s]

admins in bitfinex telegram - the matching engine is down, funds are safu
on proof of key day
coincidence
nothing to see

[gembitz]

BTC better pump on its anniversary .... common, give us Some green

BTC proof of keys scheme could suddenly stop global hashing today? weeee

[HairyMaclairy]

admins in bitfinex telegram - the matching engine is down, funds are safu
on proof of key day
coincidence
nothing to see

Heron faster 3 seconds be

[gembitz]

admins in bitfinex telegram - the matching engine is down, funds are safu
on proof of key day
coincidence
nothing to see

glitch i seeing cheap corns .. your coins are tofu weeee