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

[JayJuanGee]

So I guess people believe that as long as a crypto is secure, scales, has a good wallet, can run a node, and runs on good hardware, then....

....it really doesn't NEED TO HAVE ANY PURPOSE FOR EXISTING BEYOND THOSE THINGS TO BE A SUCCESS??

Are you guys for real? Those are all just technical details, that can be easily cloned and replicated with the click of a mouse.

I don't understand why you, Torque, have this tendency to describe some general point of view, and than attribute such point of view to "you guys."  

Is this just an ongoing figure of speech of yours, or are you always engaging in such generalization fallacies in your way of thinking about matters?  

As if you are the only person that has any original perspective, and all other thoughts fall into a glob of "you guys think?"   Or a Straw man, way of presentation?

They know who they are JJG. Obviously not you. Unless you secretly think the shitcoins du jour have any purpose for existing or real world value, in which, I'd be glad to debate that with you.

ETH's "valid use case" today is it's facilitation of scams (including ICOs), so whether we like it or not, ETH has a "valid" (even though scam dependent) "today use case," no?

Sorry but no. To facilitate scams is not a value-add purpose for existing. That's total bullshit.

I am not going to argue with you about any alt coin having any long term value, and that is part of the reason that I do not hold much alt coins at all.  Currently, I think that my total altcoin holdings amounts to less than 1% of my total crypto value territory; however, I still will maintain that the facilitation of scams is a short-term use case that can be quite profitable by a large number of folks who want to get involved in such shady business.  Even if its longer term fundamentals are not present, such scams and pump and dump use cases could be prolonged for much longer than either you or I are likely to live 50 years or more. In the end, the scams are likely to collapse and be replaced by other scams, but I am not going to concede to you that there is not value in that, which you seem to be caught upon long term viability which seems to be a bit of a different question.

[JayJuanGee]

I fucking need some moon now that I am again mortgaged! Weeeeeeee!

"Again"?  What is the back story?

[HairyMaclairy]

Ok let's see if we can bounce off $3400 or stay above it.    

[Arriemoller]

Although he's got my address so he might have come for me.

Now safely deleted from my PMs and since I can't remember what happened an hour ago your opsec is safe again. Even if baddies roasted me for hours I couldn't tell them a thing. Try to behave just in case as they may not believe me.

Thanks, but to be honest, I don't have any opsec to talk about.
I compensate by sleeping with a revolver under my pillow, problem is, I'm a heavy sleeper.

[Globb0]

Although he's got my address so he might have come for me.

Now safely deleted from my PMs and since I can't remember what happened an hour ago your opsec is safe again. Even if baddies roasted me for hours I couldn't tell them a thing. Try to behave just in case as they may not believe me.

I would have been round already but I'm waiting for my special pliers to come back from the cleaners

I hope you cant remember anything, you bastard, this is for Hughie!

[HairyMaclairy]

Better than they find it now that trying to fix thing after the fact. But it is a drum to beat by some people...

Meanwhile, something to read: https://offthechain.substack.com/p/bitcoins-revenue-multiple

Hi Wekkel you don't post a huge amount of content but when you do, it is generally very good.  Nice find. 

[VB1001]

Some events, Bitcoin, Blockchain and Crypto.

Code:

Event							Location		    Date	    	Country
						
CES Las Vegas 						Las Vegas		Jan 08, 2019		US
Blockchain Connect 					San Francisco		Jan 11, 2019		US
UNLOCK Blockchain					Dubai			Jan 15, 2019		Arab Emirates
North American Bitcoin Conference 			Miami			Jan 16, 2019		Arab Emirates
Binance Blockchain Week					Singapore		Jan 19, 2019		Singapur
Bitcoin: 10 Years (2009 - 2019) Bitcoin City		Arnhem			Jan 20, 2019		Netherlands
2nd Annual CHAINERS Blockchain Week			Seoul			Jan 23, 2019		South Korea
Crypto Pro Expo						San Francisco		Jan 29, 2019		US
Japan Blockchain Conference				Yokohama		Jan 30, 2019		Japan
Blockchain & Automated IT for Government Summit		Arlington		Jan 31, 2019		US
Wall Street Blockchain Summit				New York		Jan 31, 2019		US
							
Advancing Bitcoin					London			Feb 07, 2019		United Kingdom
Blockchain in Oil and Gas Canada 			Calgary			Feb 12, 2019		Canada
Blockchain Economy Istanbul Summit			Istanbul		Feb 20, 2019		Turkey
							
Fintech Week Tel Aviv 					Tel Aviv		Mar 04, 2019		Israel
DC Blockchain Summit 					Washington, DC		Mar 06, 2019		US
Cryptocurrency World Expo Zug, Summit			Switzerland		Mar 08, 2019		Switzerland
Asia Crypto Week					Hong Kong		Mar 11, 2019		China
Shared Services & Outsourcing Week			Orlando			Mar 11, 2019		US
Blockchain Technology World				London			Mar 12, 2019		United Kingdom
TOKEN2049						Hong Kong		Mar 13, 2019		China
Money20/20 Asia	Singapore				Singapore		Mar 19, 2019		Singapur
Mallorca Blockchain Days				Mallorca		Mar 22, 2019		Spain
							
Blockchain Summit Austria				Vienna			Apr 02, 2019		Austria
CryptoBlockCon, Los Angeles				Los Angeles		Apr 03, 2019		US
LendIt Fintech USA 					San Francisco		Apr 08, 2019		US
Seamless Middle East 					Dubai			Apr 10, 2019		Arab Emirates
Stockholm Blockchain Forum				Stockholm		Apr 11, 2019		Sweden
Paris Blockchain Week					Paris			Apr 16, 2019		France
Blockchain Life Asia					Singapore		Apr 23, 2019		Singapore
Blockchain Expo Global 					London			Apr 25, 2019		United Kingdom
European Payment Summit 				The Hague		Apr 26, 2019		Netherlands
							
Malta Blockchain Summit 				Malta			May 23, 2019		Malta
							
Token Fest - The Business of Blockchain			Tel Aviv		Jun 03, 2019		Israel
CoinsBank Blockchain Cruise				Barcelona		Jun 09, 2019		Spain
UNCHAIN, Berlin						Germany			Jun 13, 2019		Germany
Blockchain Expo Europe					Amsterdam		Jun 19, 2019		Netherlands

Did you compile this list yourself?  What were your sources?

Attach the data in plain text editor and sort the list by dates.

Different pages in the Google search blockchain event list, bitcoin events and more.

Why?

https://www.cointelligence.com/content/events/

https://bitcoinmagazine.com/events/

https://bravenewcoin.com/events

I always insert the source of the news, but with a list of several different pages and editing the data, I thought it was not necessary.

[bitserve]

I fucking need some moon now that I am again mortgaged! Weeeeeeee!

"Again"?  What is the back story?

I think you were busy IRL when I decided to somehow share it here: https://bitcointalk.org/index.php?topic=178336.msg49054618#msg49054618

[bitserve]

Some events, Bitcoin, Blockchain and Crypto.

Code:

Event							Location		    Date	    	Country
						
CES Las Vegas 						Las Vegas		Jan 08, 2019		US
Blockchain Connect 					San Francisco		Jan 11, 2019		US
UNLOCK Blockchain					Dubai			Jan 15, 2019		Arab Emirates
North American Bitcoin Conference 			Miami			Jan 16, 2019		Arab Emirates
Binance Blockchain Week					Singapore		Jan 19, 2019		Singapur
Bitcoin: 10 Years (2009 - 2019) Bitcoin City		Arnhem			Jan 20, 2019		Netherlands
2nd Annual CHAINERS Blockchain Week			Seoul			Jan 23, 2019		South Korea
Crypto Pro Expo						San Francisco		Jan 29, 2019		US
Japan Blockchain Conference				Yokohama		Jan 30, 2019		Japan
Blockchain & Automated IT for Government Summit		Arlington		Jan 31, 2019		US
Wall Street Blockchain Summit				New York		Jan 31, 2019		US
							
Advancing Bitcoin					London			Feb 07, 2019		United Kingdom
Blockchain in Oil and Gas Canada 			Calgary			Feb 12, 2019		Canada
Blockchain Economy Istanbul Summit			Istanbul		Feb 20, 2019		Turkey
							
Fintech Week Tel Aviv 					Tel Aviv		Mar 04, 2019		Israel
DC Blockchain Summit 					Washington, DC		Mar 06, 2019		US
Cryptocurrency World Expo Zug, Summit			Switzerland		Mar 08, 2019		Switzerland
Asia Crypto Week					Hong Kong		Mar 11, 2019		China
Shared Services & Outsourcing Week			Orlando			Mar 11, 2019		US
Blockchain Technology World				London			Mar 12, 2019		United Kingdom
TOKEN2049						Hong Kong		Mar 13, 2019		China
Money20/20 Asia	Singapore				Singapore		Mar 19, 2019		Singapur
Mallorca Blockchain Days				Mallorca		Mar 22, 2019		Spain
							
Blockchain Summit Austria				Vienna			Apr 02, 2019		Austria
CryptoBlockCon, Los Angeles				Los Angeles		Apr 03, 2019		US
LendIt Fintech USA 					San Francisco		Apr 08, 2019		US
Seamless Middle East 					Dubai			Apr 10, 2019		Arab Emirates
Stockholm Blockchain Forum				Stockholm		Apr 11, 2019		Sweden
Paris Blockchain Week					Paris			Apr 16, 2019		France
Blockchain Life Asia					Singapore		Apr 23, 2019		Singapore
Blockchain Expo Global 					London			Apr 25, 2019		United Kingdom
European Payment Summit 				The Hague		Apr 26, 2019		Netherlands
							
Malta Blockchain Summit 				Malta			May 23, 2019		Malta
							
Token Fest - The Business of Blockchain			Tel Aviv		Jun 03, 2019		Israel
CoinsBank Blockchain Cruise				Barcelona		Jun 09, 2019		Spain
UNCHAIN, Berlin						Germany			Jun 13, 2019		Germany
Blockchain Expo Europe					Amsterdam		Jun 19, 2019		Netherlands

Did you compile this list yourself?  What were your sources?

Attach the data in plain text editor and sort the list by dates.

Different pages in the Google search blockchain event list, bitcoin events and more.

Why?

I would guess JJG thought it was some sort of copy/paste from another place. Now that you have clarified it, and him being a merit source, I would expect he give credit where it is due with some well deserved merits for your effort.

[El duderino_]

people ask WHY BUY BITCOIN

https://twitter.com/Pladizow/status/1084878706802388992

[El duderino_]

https://twitter.com/longhashdata/status/1085015781736251392
https://www.longhash.com/news/bakkt-bitcoin-etf-fail-to-get-green-light-amid-us-government-shutdown

delayed again? BAKKT?

[Dakustaking76]

Hi guys!!


Can someone explain why there printing more tether??
More tether.. price is going down??
 
Maybe im wrong please correct me.. just try to understand.

[Last of the V8s]

So what's the plan guys? If Grin works out well, bitcoin devs shove all that tech onto bitcoin?
https://github.com/mimblewimble/grin/blob/master/doc/grin4bitcoiners.md

[VB1001]

Did you account for air drag, or did you only consider gravitational acceleration?

I took an average pebble out my garden. It weighs 10 grams and has a mean diameter of about 20 mm. If we assume it were perfectly spherical with a drag coefficient of 0.47, travelling through air with standard density of 1.225 kg/m^3, and plug the figures into the formula for terminal velocity we get: sqrt((2*0.01*9.81)/(1.225*(3.14*0.01^2)*0.47)) = 33 m/s or 119 km/h. If we pipe that into E = 1/2*m*v^2 for energy, we get ~5.5 J or ~4 ft-lb.

Or in other words, I need Bitcoin to do something exciting.

Perfectly spherical bullets are way different to regular bullets that end up tumbling as soon as they lose the rotational speed with a way higher air drag.

Much of the penetration of a regular gunshot is thanks to its rotational speed. That's why pipeguns are not that effective, even at very short distance, unless properly directed against unprotected vital points (neck, eyes, temple, etc).

To the mooooooon!!! weeeeeeeeee

WO is a surprise box. I share this hobby, sports shooting, it seems that they understand a lot about ballistics.

[bitserve]

Did you account for air drag, or did you only consider gravitational acceleration?

I took an average pebble out my garden. It weighs 10 grams and has a mean diameter of about 20 mm. If we assume it were perfectly spherical with a drag coefficient of 0.47, travelling through air with standard density of 1.225 kg/m^3, and plug the figures into the formula for terminal velocity we get: sqrt((2*0.01*9.81)/(1.225*(3.14*0.01^2)*0.47)) = 33 m/s or 119 km/h. If we pipe that into E = 1/2*m*v^2 for energy, we get ~5.5 J or ~4 ft-lb.

Or in other words, I need Bitcoin to do something exciting.

Perfectly spherical bullets are way different to regular bullets that end up tumbling as soon as they lose the rotational speed with a way higher air drag.

Much of the penetration of a regular gunshot is thanks to its rotational speed. That's why pipeguns are not that effective, even at very short distance, unless properly directed against unprotected vital points (neck, eyes, temple, etc).

To the mooooooon!!! weeeeeeeeee

WO is a surprise box. I share this hobby, sports shooting, it seems that they understand a lot about ballistics.

Oh, past year I decided to cancel/not renew my "sports shooting" license and sell my firearms. Now I am an officially unarmed civilian  

For me, it was already a pretty boring and expensive hobby with all the increasing legislation, requirements and taxes. I envy our American friends in the gun regulations.

[HairyMaclairy]

So what's the plan guys? If Grin works out well, bitcoin devs shove all that tech onto bitcoin?
https://github.com/mimblewimble/grin/blob/master/doc/grin4bitcoiners.md

I don’t know that you could port Bitcoin onto Grin. So it is a threat.  

But their monetary policy is fuxxed.  Big mistake having an endless emissions.  Same trap Monero fell into.  

So that significantly reduces the threat.  

[sirazimuth]

I reckon most 'hacks' are inside jobs.

100% agreed. when looking at all other possiblities, inside job is by far the most plausible/likely.

Interesting Wired article... maybe pertinent to the WOber thread?
(Apologies if already linked as its 4 days old... I know,that's ancient history in crypto,and tbh
I don't obsess over this thread so much as I used too, fair weather fan and such....)

https://www.wired.com/story/the-exaggerated-promise-of-data-mining/

In 2018, a Yale economics professor and a graduate student calculated correlations between daily changes in Bitcoin prices and hundreds of other financial variables. They found that Bitcoin prices were positively correlated with stock returns in the consumer goods and health care industries, and that they were negatively correlated with stock returns in the fabricated products and metal mining industries. “We don’t give explanations," the professor said, "we just document this behavior.” In other words, they may as well have looked at correlations of Bitcoin prices with hundreds of lists of telephone numbers and reported the highest correlations.

So what's the plan guys? If Grin works out well, bitcoin devs shove all that tech onto bitcoin?
https://github.com/mimblewimble/grin/blob/master/doc/grin4bitcoiners.md

ha!! another legend actually paying attention to this shitcoin alt launch.
It caught my eye as I notice even theymos is interested.  
I'm definitely watching it anyway...maybe fire up a miner again, who knows...

[cAPSLOCK]

So what's the plan guys? If Grin works out well, bitcoin devs shove all that tech onto bitcoin?
https://github.com/mimblewimble/grin/blob/master/doc/grin4bitcoiners.md

I don’t know that you could port Bitcoin onto Grin. So it is a threat.  

But their monetary policy is fuxxed.  Big mistake having an endless emissions.  Same trap Monero fell into.  

So that significantly reduces the threat.  

MW can be implemented on a second layer or as a sidechain with BTC I believe.

[Globb0]

FS you try an do good round here you get banned.

Loosers hehe

[VB1001]

Did you account for air drag, or did you only consider gravitational acceleration?

I took an average pebble out my garden. It weighs 10 grams and has a mean diameter of about 20 mm. If we assume it were perfectly spherical with a drag coefficient of 0.47, travelling through air with standard density of 1.225 kg/m^3, and plug the figures into the formula for terminal velocity we get: sqrt((2*0.01*9.81)/(1.225*(3.14*0.01^2)*0.47)) = 33 m/s or 119 km/h. If we pipe that into E = 1/2*m*v^2 for energy, we get ~5.5 J or ~4 ft-lb.

Or in other words, I need Bitcoin to do something exciting.

Perfectly spherical bullets are way different to regular bullets that end up tumbling as soon as they lose the rotational speed with a way higher air drag.

Much of the penetration of a regular gunshot is thanks to its rotational speed. That's why pipeguns are not that effective, even at very short distance, unless properly directed against unprotected vital points (neck, eyes, temple, etc).

To the mooooooon!!! weeeeeeeeee

WO is a surprise box. I share this hobby, sports shooting, it seems that they understand a lot about ballistics.

Oh, past year I decided to cancel/not renew my "sports shooting" license and sell my firearms. Now I am an officially unarmed civilian  

It was already pretty boring and expensive hobby with all the increasing legislation, requirements and taxes. I envy our American friends in the gun regulations.

Of course, United States is different.