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

[sirazimuth]

Some Colorado shops have been accepting Bitcoin since years. Or so I am told.

They'd be foolish if they didn't IMO.
I've heard they have to deal in cash because federal law prohibiting cannabis makes banks leary of letting them open business accounts.
Bitcoin is the perfect solution to that shit show.

[1714066167]

1714066167

[1714066167]

1714066167

[1714066167]

1714066167

[1714066167]

1714066167

[Globb0]

For those interested, Ledger is having discounts :

http://..../

Nice scam.

Note: Never ever buy a hardware wallet from anywhere other than the manufacturers website. Or you will have your money stolen from the hardware wallet.

Shit my bad, I didn't check. Please delete the link in your post.
I removed my post, sorry about that.

Prices are like on the original ledger website and it's also linking there.
Don't think it's a scam.

Prolly cos there is a newer model out now

[Saint-loup]

Bitcoin requires an artificial block size restraint in order for any type of fee market to function and exist at all.  Rather than join the arbitrarily set small and useless blocks camp, or the large and dysfunctional blocks camp, any rational person would just notice bitcoin is a poorly constructed imitation of physical gold - a fugazi - and just use real physical gold and silver instead.

You can only sell your gold and your silver to very few people because nobody is able to determine if it's real silver or gold.
With Bitcoin, if you receive something in your wallet it's real bitcoin for sure

[Globb0]

http://www.geologyin.com/2016/10/earthquakes-make-gold-veins-in-instant.html (via @lopp)

God is this where fracking will go. Induced earthquakes.

[Syke]

You can only sell your gold and your silver to very few people because nobody is able to determine if it's real silver or gold.

Gold is very liquid in Thailand. There are gold shops everywhere that will easily buy and sell jewelry.

[Last of the V8s]

in other crimes against Seussian verse https://www.militarytimes.com/off-duty/military-culture/2019/01/28/russian-captain-used-to-beat-his-soldiers-with-dildos

“Captain please!” he would say. “You’re being obtuse!

"I do not deserve this dildonic abuse.

"I do not deserve it at night or in morning.

“I do not deserve this marital aid scorning!"

[El duderino_]

You can only sell your gold and your silver to very few people because nobody is able to determine if it's real silver or gold.

Gold is very liquid in Thailand. There are gold shops everywhere that will easily buy and sell jewelry.

So come on every one on the globe..... go to Thailand, buy and sell and just stay there...??

[Last of the V8s]

no liquidity to dump those shitcoins 
~20% drop on tiny volume

[JayJuanGee]

https://twitter.com/SoundMoneyz/status/1089216802100572161

another FUCK you @rogerver, sorry couldn't cover this F*** word, I hope you guys understand.

Two Bitcoin Hardforks (right and left leaning) argue who is the correct hardfork.
Hardforking creates trouble, without the 27 Dec. 2017 hardfork Bitcoin cash would not exist and none of the other 50 or so hardforks all because of a hardfork.
Down with hardforks, all of them.

Huh?   The bcash hardfork happened on August 1, 2017?  Are you referring to some additional event on Decembr 27?  or did you just get the date wrong?  

Right leaning Bitcoin hardforked on 27 December (Segwit)
Left leaning Bitcoin hardforked August 1, 2017
Silver Bitcoin hardforked October 2011
Down whit all hardforks

Call me daft, but I still don't know what you are talking about, and the supposed importance of your various "hardfork" references.. .... The fact that you have a link to Ripple discussion points in your signature may be enough to establish that you are either a shill or you live in some kind of lala landia.

You do concede that there was a BTC hardfork on August 1, 2017 (even though you call it "left" leaning, which seems to have no context), so that date recognition seems to be a sign that you and I might be on the same planet.  Perhaps?

Let me attempt to put some kind of context on your referenced dates and this topic in attempt to clarify matters for anyone who might read this, besides you, ðºÞæ...  

Regarding, October 2011, you are going to need to explain that.  Yeah, you might see some references to silver or gold in this thread, but mostly those topics are off topic.  We are talking about bitcoin here.  So who the fuck knows waht your October 2011 references is, and whether it might relate to bitcoin.  I don't.

Regarding August 1, 2017.  That hardfork came from disappointment that segwit2x and the New York agreement were not going in the direction that ji han had hoped.  So the August 1 bcash hardfork was an attempt to 1) muddy the waters, 2) make some last ditch efforts to sabotage segwit that was then looking inevitable to pass, and 3) perhaps attempting to make some money along the way?

So, Segwit and the bcash fork were tied together, and segwit went into effect (live on the btc mainnet) in late August 2017.  If something segwit related and supposedly significant happened on December 27, 2017, then you better explain what the fuck you are talking about, because segwit was already live on BTC as of late August 2017.

Regarding your reference to other bitcoin hardforks, who gives a flying ratt's ass about those?  Largely the playing out of the bcash hardfork, and the various imitator hardforks have been BIG ASS failures, and bcash seemed to have been the one that got the most traction at possibly causing some disruption, but both bcash's failure and the subsequent failures of other bitcoin hardforks, has shown that so far, bitcoin honey badger does not care about various hardforks.  On the other hand, I will grant you that there are a variety of possible bitcoin resources that are being distracted into other projects including hardforks and various crypto projects and shitcoins and ICOs, but I am not sure what can be done about that?  Those various distractions just have to play out through time, yet so far they have not been enough of a threat to take down BTC.

I have probably said more than enough in a responsive attempt to provide and seek some clarity to your seeming troll/shill bullshit points.  

[Last of the V8s]

Iran banning crypto?

https://www.coindesk.com/iran-could-ban-bitcoin-for-payments-central-bank-report-suggests
nfa

[JayJuanGee]

Edit:
Also HM your "overlay" is incorrect.

Lies


In what sense is it incorrect?

It is simply incorrect because history rhymes. Your construction of overlay diminishes the obvious delay in timing from the previous movements to the current movements that are taking longer to develop. You will see soon enough when you shake it like a Polaroid picture!

Fair enough.  

I think that the halvening (supply reduction) remains the primary driver of price over the long term.   I also think that the “longening” (increase in Bitcoin price cycle time) is inconsistent with the halvening being fixed 4 year periods, more or less.

 In other words I do not believe in the longening and think it is just an artifact of historic price battles.  

We shall see soon enough whether I am wrong and the longening is a thing.  I would say that the longening is a thing if the price is still doing poorly, at or below this level in December.

A little bit of a strange speculative indicator that you raise here, namely "longening", and surely a long amount of history of several more cycles would likely be needed to determine with any kind of certainty whether a "longening" is actually happening.  I doubt that you would be able to determine such a phenomena from this exact cycle, even though it is not a bad talking point.

Regarding the halvening, the percentage of its affect in respect to BTC supply is certainly a less and less proportion of the bitcoin, so it will seem to have diminishing importance in the future, even though I would agree with you that today, that halvening plays a considerable role today, and perhaps bordering on a "primary driver" role as you assert.

To clarify, I am saying there is insufficient evidence for a longening.  

I think we are in agreement?

I understood your asserting about the insufficient evidence of a longening (based on the likely ongoing impact of the 4 year forks).  I was making some additional points to attempt to muddy the water that in the end might not really matter.  Whether we agree or not, based on the level of speculation here and the fact that I already made whatever point I was attempting to make, I am ready to move on.

[El duderino_]

Iran banning crypto?

https://www.coindesk.com/iran-could-ban-bitcoin-for-payments-central-bank-report-suggests
nfa

Some of them ..... another one on the FUD train

[JayJuanGee]

Am I misunderstanding them? I figured if they can not guarantee liquidity for the current users that means they don't have what's in people's wallets online? Right

I think it just means they don't have the volume to match trades reliably.

In my own artful way,  I already said that in response to kingcolex's post.  

[El duderino_]

Its my time.....
Yeah time to go into my HODLnest, and be happy of owning Some of those scarce (very scarce) coins..... if you have Some dumb money laying around, turn it into SMART money and buy the dip

Good night WO’s

[jojo69]

ot   lolol

https://store.034motorsport.com/hella-flush-stance-lowering-kit.html

read item details

[El duderino_]

ot   lolol

https://store.034motorsport.com/hella-flush-stance-lowering-kit.html

13years back I wanted my car to hang low as well etc
LoL

[El duderino_]

https://bitcointalk.org/index.php?topic=178336.msg49423859#msg49423859
mic

Yeah I know, but the problem is the MASTERLUC fellow is wrong for already more as a year ...... like every single time
So thats why I shared this MASTERMIC stuff

[Patel]

For those interested, Ledger is having discounts :

http://..../

Nice scam.

Note: Never ever buy a hardware wallet from anywhere other than the manufacturers website. Or you will have your money stolen from the hardware wallet.

Shit my bad, I didn't check. Please delete the link in your post.
I removed my post, sorry about that.

Prices are like on the original ledger website and it's also linking there.
Don't think it's a scam.

Bro, are ya'll new to Bitcoin or something or just really naive? It doesn't matter if the prices are the same. If you're not buying your hardware wallets from the official source, chances are you will get something that someone wrote down the seed, and repackaged it, providing a pin like 0000 and the seed. The prices are the same so scammers don't lose money off sales.

I agree, kot to buy elsewhere and support those kind of Sellers sooner or later Some Will get scammed.... if not here Then Maybe the next one .....

it is a LANDING PAGE of ledger
= legit
Check yourself:
http:///



 

I see what you're saying, but it is no way affiliated with Ledger, and it's NOT a landing page for Ledger.com The link at the top is a referral/affiliate link redirecting to the Ledger shop. Ledger only has 1 shop, and it's https://ledger.com

[Arriemoller]

Also OT. "Sure you know how to spell that? Yeah boss, no problem, trust me.
https://www.reddit.com/r/sweden/comments/ak1css/ica_har_problem/

[Biodom]

Perhaps, bitcoin is declining because financiers on wall street associated themselves with a pure lunacy of MMT.
Before, some of them came to a right conclusion that something needs to be done, aka bitcoin came in and established itself as a sound money candidate worth considering.
Now (in the last 12 mo exceedingly so), however, they (Wall street) got in love with MMT, according to which the level of debt does not matter as long as the level of inflation is manageable and you make debt mostly in your own sovereign currency. The rise of MMT "opinion value" more or less correlated with the decline of btc.

"In this theory, sovereign government is not financially constrained in its ability to spend; it is argued that the government can afford to buy anything that is for sale in currency that it issues (there may be political constraints, like a debt ceiling law)."

I don't know what will follow, but I am sure that our kids will pay for our generation(s) fallacies.
I cannot play the stock market game well anymore because I don't have a first idea what these over-leveraged companies are actually worth.

We might even have to pay for this ourselves within 10 (20?) years or so, and then bitcoin or it's descendants time would come to save the day.