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

[JayJuanGee]

I understand that in the past, you have expressed beliefs that attacking bitcoin, even by fork, is merely a free market dynamic, and therefore, if we believe in free markets, then we should embrace such forkening events.  So, are you still caught up on some kind of suggestion that there is some kind of praise that the bitcoin community should be giving towards various attacks upon it that are likely going to continue, including through various forkening mechanisms?   

i cant say embrace attacks or forks. but. if a coin or money transfer or wealth storage system cant survive such attacks it doesnt deserve the position. there is no such thing as "nice" when building empires.

Well, maybe this deserves some further explanation?  I thought that there was a bit of obviousness to the situation that I was asking about. 

Even though bitcoin becomes more powerful because it has been attacked at various times, that does not mean that any of us bitcoin supporters need to embrace such attacks as a good thing.  We don't need to embrace nor applaud the attackers or the bad people nor concede that they are doing a good thing, even if good results come out of the whole situation.

Of course, bitcoin became a whole hell-of-a lot stronger in mid-2017 and thereafter because of various attacks that were going on then and even until present.  So, now, some of the attacks are a lot more easily brushed aside.

its not like it takes a rocket scientist to think up attacks like forking. there will be countless more.

Sure.  We don't disagree about these points.

its even possible one/some will be better.

Actually, it is likely that attacks are going to get better and become more sophisticated.  The only way that attacks have any chance for success is by getting stronger and better.

although that may make no difference. look at betamax vs vhs videotape formats.

I am not sure if the betamax and vhs analogy is good here, but I think that I understand your overall point(s).

every fork/attack that fails proves bitcoins superiority.

True, but that still does not mean that we should (or need to) embrace them nor embrace people behind them as if they are performing some benevolent service... and some of the attackers (or their supporters) attempt to frame the situation as if they are performing some kind of service.  I would rather tell them to fuck off on a regular basis rather than to treat them as benevolent free marketers.

would you trust it like you do now without it having survived all that it has? i know i trust it far more now than i did in 2011.

I agree with you about that too, but still, like I already said, the fact that bitcoin has gotten stronger and better from the attacks does not logically justify embracing bitcoin attackers, attacker supporters nor the existence of bitcoin attack vectors.  They need to be recognized, snuffed out and stepped on like the parasites that they are... hahahahaha   

[realr0ach]

Shortcut ———> still nasty/cold/freeze 3.4k BS

It's somewhat evidence pointing to the idea of Bitmain being the single entity on Bitfinex who rigged the price from $200 up to $20,000.  Bitmain is supposedly going broke now and doesn't have the funds to do such a thing, so if you don't see another enormous pump and dump manipulation, I guess you have your answer on who the culprit was.

[El duderino_]

Stella Artois (/ˈstɛlə ɑːrˈtwɑː/ STEL-ə ar-TWAH) is a Belgian pilsner[1] of between 4.8 and 5.2% ABV which was first brewed by Brouwerij Artois (the Artois Brewery) in Leuven, Belgium, in 1926. Since 2008, a 4% ABV version has also been sold in Britain, Ireland, Canada and New Zealand.[4] Stella Artois is now owned by Interbrew International B.V. which is a subsidiary of the world's largest brewer, Anheuser-Busch InBev SA/NV.[5]


Yeah it doesn't seem thaaat much at 5.2, maybe they had added chemicals. was certainly more beast-mode-making than grolsch, kronenburg etc of similar strengths.

edit Pilsner Urquell was always my fave, maybe some Hacker-Pschorr sometimes

or there's beer

Mmmm you speak my language?

[El duderino_]

Exactly! Thanks.

Mmm close of Earning yourself an XhomerX HAT


Maybe someone can give you the right push ?

[El duderino_]

via Imgflip Meme Generator

https://twitter.com/redditbtc/status/1092481441097748480?s=21

Hmmm. The British Pound used to be 12 oz silver. Now it is central-bank-created paper. Which means that today's British Pound is not the same British Pound of 317 years ago. Which also means that no currency has been with us for 317 years. Sure, it's got the same name, but it is not a 317-year-old currency.

Thx for Clearing that one out

[goldkingcoiner]

What do you guys think of the avatar I made for my ICO?

ICO's are gayer than Rick and Myself, and more lame than Stephen Hawking without his wheel-chair.

I will slap the gay out of both of you and Hawking back to life.

Such a violent inclination that you have there, goldkingcoiner.

Perhaps you have not had any fortuitous trading luck, recently?  No 80x mistakes in your favor?  

You accidentally make nearly 100k once, and....

I was telling my buddy about you stumbling ass backwards into that money and being Mr. Bigballs and sticking with it. Hopefully it hasn't been completely pissed away yet.

Its in my BTC long term hodl wallet of course

[El duderino_]

Gonna dive into the HODLcrib

Good night WO’s


F*c* off trolls of the thread

[goldkingcoiner]

Gonna dive into the HODLcrib

Good night WO’s


F*c* off trolls of the thread

Good night, hodl tight.

[Last of the V8s]

get that scammy flashing shit scam off my feed

[realr0ach]

I've been interested in PR for the same reasons.

I think Argentina might now have a higher ratio of white people vs taco people, mestizos, black people, etc than the US does.  Their black population is only 9%.  They even have clean public transportation that's not littered with graffiti and level 5 chimpouts 24 hours a day:

[El duderino_]

just relax and listen to the Hat(e) wearers. they prefer to speak to each other alone. posts of non Hat(e) wearers are not much worth to them. at any cost avoid to get their attention by being rude to them. you won't survive.

Hmm. You don't sound much like the Gyrsur I know.

Because he’s walking around HATless.......
He Will come around

[jbreher]

just relax and listen to the Hat(e) wearers. they prefer to speak to each other alone. posts of non Hat(e) wearers are not much worth to them. at any cost avoid to get their attention by being rude to them. you won't survive.

Hmm. You don't sound much like the Gyrsur I know.

Because he’s walking around HATless.......
He Will come around

I'm just hoping it ain't a hijacked account.

[Butterscotch Cartman]

[Last of the V8s]

[El duderino_]

Where the holyF*** did you found or bought a merit??

Still don’t be salty/jealous on those that are owning BTC’s

[realr0ach]

Welcome to the Vice news fake news network:

https://www.reddit.com/r/MGTOW/comments/an4847/unbiased_vice/

And yes, of course it's solely Jewish kikes attempting to destroy white countries behind it as usual (Disney & Fox).

[JayJuanGee]

Trollgoossens getting stressed day by day, waiting for btc pump to sell and switch to metals, posting bullshit 24h/7.
 

yeah, can't wait to sell
even throwing them away for free @ games..... all cause of big stress
you got it right again, as probably all you're posts
sharp eye you got their

don't try to imitate r0ach to much, be you're own man, come with you're own sh*t in here
and better go to that TROLL department thats a better place for you..... this is a civilised place

hahahahaha...

You got the troll there... MicG.

[JayJuanGee]

I have one personal Localbitcoins story, in this regard.  About a year ago, maybe a little less than a year ago, I had conducted a cash transaction for about half of a bitcoin around $7k.  For some reason, I had miscalculated and gave the person $600 more than what was the current price (So in that situation I gave the person $3,800 rather than $3,200 - something like that). 

I caught the mistake about 10 minutes after the transaction, and after the person already had left the transaction location with the extra $600 that I had given to him.  Neither of us had intended such a situation, he acknowledged the mistake, and after I repeatedly texted him, and even offered to go to his location to retrieve the $600, he did not do the right thing of returning the $600 to me. 

He also began to call me names in what seemed to be a kind of rationalization for him to keep the $600.  Anyhow, I consider that person to have been a regular person, and even that he had rationalized in his own head that he was correct to keep the extra $600 that I had given to him (windfall), but I still believe (my assumption that people who you meet in person are usually honest) only a minority of people would have kept the $600 in that particular situation... but the real test remains getting into the situation, and test of character about whether you personally do the right thing when given an opportunity to nearly anonymously profit.

Perhaps I am cynical.  But I think the average provider on LocalBitcoins is, how can I put this delicately, statistically less likely to return $600 than the average person in the street. 

You are likely correct.  I am a little bit particular in my localbitcoin's advert, and from those peeps who contact me, I end up screening several of them out.  Yet, overall, the more experienced Localbitcoin participants do seem to tend to have a certain level of shadiness.

[JayJuanGee]

https://breakermag.com/facebooks-chainspace-acquisition-is-amazing-news-for-the-blockchain-industry-and-terrible-news-for-the-world/

Facebook is so far removed from Bitcoin's values that I cannot see it as a competitor in our world.  

However, Facebook could start competing against banks.

That no-name business, Chainspace, seems to be ethereum-focused, too.

So, such a focus of shit, could cause facebook to get distracted down the wrong path (or maybe companies do get a lot more excited about various proof of stake mumbo jumbo directions?), possibly because their ego continues to muddy their corporate vision, and they are striving to distinguish their path from a winkelvi-following direction? which would be a BIG mistake.  

Yet, by the way, the winkelvi have also taken a nutjob direction when they created their Gemini "stable coin" with an ERC 20 ethereum base.

Convolution continues in the space - and fear of associating with bitcoin.


Edited to add below response to V8:

https://breakermag.com/facebooks-chainspace-acquisition-is-amazing-news-for-the-blockchain-industry-and-terrible-news-for-the-world/

Facebook is so far removed from Bitcoin's values that I cannot see it as a competitor in our world.  

However, Facebook could start competing against banks.

wrong

State Sharding that is used by Chainspace, Harmony and Ethereum 2.0 is the future

no, right of course, in the sense that they'll lie to their customers, lose a lot of other people's money and no one will punish them for it

As always... V8 is quicker than me to have identified the importance of this matter and the seeming distracted direction in which facebook seems to be heading with this matter.

[JayJuanGee]

 I'm pretty sure MicG is talking about the original not the original.

You can't hurry love
You just have to wait. They say
love don't come easy

(edited to be in haiku form)

Which is, of course, a Supreme fork.

Probably you need to clarify your above statement, jbreher.  

I understand that in the past, you have expressed beliefs that attacking bitcoin, even by fork, is merely a free market dynamic, and therefore, if we believe in free markets, then we should embrace such forkening events.  So, are you still caught up on some kind of suggestion that there is some kind of praise that the bitcoin community should be giving towards various attacks upon it that are likely going to continue, including through various forkening mechanisms?    

Jeeze... lighten up dude or dudette.

We went from Phil Collins to You Can't Hurry Love, which is a song that was first performed by the Supremes. IOW, the Collins version was a fork of the Supremes' original.

IOW you continue in the practice of praising bitcoin forks and likely attack vectors on bitcoin through your analogy.  In that regard, there is no need for me to lighten up about your attempt to paint forks as positives, especially given your recent history in supporting the bcash trash... and likely you have not learned in the right direction from your recent support of scams (aka bitcoin attack vectors).