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

[infofront]

https://twitter.com/CryptoFamDan/status/1120662679117598721

My theory: Vinny Lingham and Tone Vays are being paid to gain trust/followers and lie to the public. It's the only thing that explains them being consistently bearish... and wrong.

I've seen the same shit going on with other so-called "Crypto Experts" on YouTube. They're always shilling for shitcoins, down or bearish on Bitcoin. It's always the ones that have garnered the most followers.

Vays, who generally annoys me, does identify as a BTC Maximalist.  And his tweets clearly support that...

There is no such thing as #crypto (even though I sometimes use that term). There is #Bitcoin, there are waste of time useless projects like $XMR, $LTC, & other PoW honest #Blockchains and there r SCAMS like $ETH, $DASH, $XRP and all #ICO's like $BNB, $EOS, $ADA & of course $TPAY

https://twitter.com/ToneVays/status/1119412046779637767

Tone Vays' whole moronic schtick is that he wants to bring Bitcoin down to triple digits because he thinks it will kill the altcoins. So he manipulates his followers to try to influence the price accordingly.

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[siggy_77]

It's the rhetoric.  

I am quite certain that if you started erecting spars 15 miles out in the gulf of Mexico and posting on FB about your libertarianism and self sovereignty the reaction of the USCG would be swift and unequivocal.

Global enclosure is nearly complete.  I really think that, short of an orbital Lagrange platform, the aircraft carrier is the only way.

I think an old supertanker or massive container ship would be a better option..  and a lot easier to obtain... 

Granted, there would be more upfront work involved to make it usable.. but with those huge wide open holds, you could basically build in whatever infrastructure you want..  Kinda like buying an old warehouse and turning it into high-end flats...

[JSRAW]

r0ach I hope you’re bluffing

No.  I usually refer to Micgoossens as Aquaman because he's invested entirely in fake digital assets scams that will all implode leaving him underwater when the system blows up.

With due respect r-zeroach 10 MG


https://twitter.com/s8n/status/1120839358783873025

[Paashaas]

Samsung Coin.

https://www.coindesk.com/samsung-developing-ethereum-based-blockchain-may-issue-own-token?utm_source=twitter&utm_medium=coindesk&utm_term=&utm_content=&utm_campaign=Organic%20

[Febo]

Whilst we’re dumping?

Coincidence?

LOL

Disney is buying Bitstamp and Korbit.  I guess they are installing Mickey Mouse on Bitstamp now.

[BTCMILLIONAIRE]

It was a rhetorical question. Florida police wouldn't care.

Example:

https://bitcointalk.org/index.php?topic=178336.msg49911915#msg49911915

Maybe not the police, but certainly the IRS/Fed if you told them that you're a sovereign seastead and don't want them to steal your money.

[BTCMILLIONAIRE]

We here to make money, not here for nerd talk.

Speak for yourself or fuck off.

[Phil_S]

It was a rhetorical question. Florida police wouldn't care.

Example:

https://bitcointalk.org/index.php?topic=178336.msg49911915#msg49911915

Maybe not the police, but certainly the IRS/Fed if you told them that you're a sovereign seastead and don't want them to steal your money.

"Steal your money" as in taxes? Elwar himself clearly stated that this project has NOTHING to do wth tax avoidance. He's quite aware that as a U.S. citizen he can't avoid U.S. taxes no matter where he lives.

[HairyMaclairy]

It's the rhetoric.  

I am quite certain that if you started erecting spars 15 miles out in the gulf of Mexico and posting on FB about your libertarianism and self sovereignty the reaction of the USCG would be swift and unequivocal.

Global enclosure is nearly complete.  I really think that, short of an orbital Lagrange platform, the aircraft carrier is the only way.

I think an old supertanker or massive container ship would be a better option..  and a lot easier to obtain...  

Granted, there would be more upfront work involved to make it usable.. but with those huge wide open holds, you could basically build in whatever infrastructure you want..  Kinda like buying an old warehouse and turning it into high-end flats...

A used cruise ship

https://en.wikipedia.org/wiki/Freewinds

[bitserve]

It was a rhetorical question. Florida police wouldn't care.

Example:

https://bitcointalk.org/index.php?topic=178336.msg49911915#msg49911915

Maybe not the police, but certainly the IRS/Fed if you told them that you're a sovereign seastead and don't want them to steal your money.

Of course, from THEIR point of view it would be you stealing THEIR money.

[Paashaas]

Bitcoin’s confirmed transactions reach 2017 bull run levels



https://www.longhash.com/news/bitcoins-confirmed-transactions-reach-2017-bull-run-levels

[nutildah]

satoshi 'is not a happy camper'
https://www.bloomberg.com/news/articles/2019-04-23/john-mcafee-vows-to-unmask-crypto-s-satoshi-nakamoto-within-days

McAfee is a loud turd. Only one size 8 step up Ayres. There's no way he'll uncover anything other than what we already know: he's a shameless attention seeking dick. If he had anything at all relevant to say he would do so before warning the media he was about to say it.

We here to make money, not here for nerd talk.

Speak for yourself or fuck off.

Grade B troll attempt. Who gave him 2 merits anyway?

[PoS]

It's the rhetoric.  

I am quite certain that if you started erecting spars 15 miles out in the gulf of Mexico and posting on FB about your libertarianism and self sovereignty the reaction of the USCG would be swift and unequivocal.

Global enclosure is nearly complete.  I really think that, short of an orbital Lagrange platform, the aircraft carrier is the only way.

I think an old supertanker or massive container ship would be a better option..  and a lot easier to obtain... 

Granted, there would be more upfront work involved to make it usable.. but with those huge wide open holds, you could basically build in whatever infrastructure you want..  Kinda like buying an old warehouse and turning it into high-end flats...

In 1988 an Australian build a 200 Room floating Hotel, survived Cyclones and all. Currently in North Korea.
https://www.youtube.com/watch?v=ffJIDaPF9jE

https://www.youtube.com/watch?v=b8uxrVFne6s

[ivomm]

I'll try to summarize the last 4 months. The first important point was of course the recovery jump from $3100 (15 Dec 2018) to $4000 (Bitstamp prices everywhere). This suggested that the new bottom $3100 is either the final or it would be tested again. The fear of the second posssibility led to the gradual decline until 7 Feb 2019, which was the next even more important turning point. Then we had the higher low of $3350 and a jump to $3700. At this point the first possibility that we found the final bottom seemed more probable for the traders, and soon followed another breakout to $4100. After that another drop to $3700 area. But then followed what was the most important period IMO. From 7 Feb until 1 April the price was gradually increasing showing no sings of testing the bottom. Each time the price dropped in a matter of minutes it recovered again and again. This indicator clearly showed that way more people were waiting with fiat to buy at any small dip. Finally the $3800 and $4200 resistances fell and with several big and smaller jumps we got to $5600 (1-2 April 20% short squeeze was epic!).

Now, what can we expect? It seems quite probable that in the coming days or 2-3 weeks we are going to reclaim the old support at $6-6.4K.  The other less probable case for the next month  is to have a gradual declining price to $5K or in the worst scenario to $3.8K. It all depends on the buying strenght. I think that the sings of the recent quick recoveries show that the buying potential is much bigger than in 2018. This potential is enough to bring us back to $20K and beyond. The only problem is the psychological fear that the price above $10K is too high. You know, the average Joe is thinking: $10K is too late for me. See ripple it is only $0.30 now. All of my ignorant friends are thinking in this way.   They don't know about market cap or the real value of the Bitcoin   Fortunately, FOMO will overcome fear and after some battle we will see soon 5 digit prices! And when the halving comes, nobody will know what the real price should be. It will be worldwide news to have 20-30% jumps like 80-100K$ in 1 day. I can't wait to see that

[Phil_S]

It's the rhetoric.  

I am quite certain that if you started erecting spars 15 miles out in the gulf of Mexico and posting on FB about your libertarianism and self sovereignty the reaction of the USCG would be swift and unequivocal.

Global enclosure is nearly complete.  I really think that, short of an orbital Lagrange platform, the aircraft carrier is the only way.

I think an old supertanker or massive container ship would be a better option..  and a lot easier to obtain...  

Granted, there would be more upfront work involved to make it usable.. but with those huge wide open holds, you could basically build in whatever infrastructure you want..  Kinda like buying an old warehouse and turning it into high-end flats...

A used cruise ship

https://en.wikipedia.org/wiki/Freewinds

The point of such modular design is: if you realize you don't like this particular seasteading community, it's trivial to detach your pod and float away.

[nutildah]

For the record, the following is my restatement as best I concisely can of Rizun’s ‘Five Fundamental Flaws of LN’:

1) Lightning scales txs not users
2) Friction in layer 1 leaks into layer 2
3) Routing failures are inevitable
4) Much trapped liquidity in the system
5) Running a non-custodial wallet is more cumbersome than onchain

More anti bitcoin propaganda from the threads #1 bitcoin hater.

1. Bullshit. Users are transactions.
2.-5. Well I guess we should just abandon a blossoming technological breakthrough since its current incarnation has potential flaws/limitations.

[jbreher]

Bcash is just pathetic with their concern trolling of LN, when we openly discuss its limitations, or the constant rehashing old talking points from rogers past propaganda.

That's your rebuttal? Weak. You don't seem to be openly discussing shit, but rather shouting down reasoned critique with nothing but bluster. I note you've not responded to my observation that you have characterized something you later agreed with as "false rumors and misinformation". Interesting debating strategy. Tell someone they're wrong, the agree with them on the very same point. Of course, you were cornered.

Bcash is so insecure and so centralized that they further shifted away from the whitepaper into an area where they no longer even use PoW to achieve consensus anymore but have reorg timestamps approved by a central dev team where PoW is merely to be used at the chain tip to order txs.

Perhaps you are unaware that Core also relies upon checkpoints? That said, yes. I agree that following core in this bad practice of relying on checkpoints rather than pure PoW was a mistake.

Unlike BTC and the way Bitcoin was described in the whitepaper the BCH alt now uses weak subjectivity as the basis of determining consensus.

In a limited manner, yes. For everything else, there is SV.

[El duderino_]

BTC ...... "they said" .... so many bad and negative things, but yet its here for more than 10years and growing, "they said" so much, but we BTC'ers just know what we have in our possession nothing is more important, let "them" say

[nutildah]

Unlike BTC and the way Bitcoin was described in the whitepaper the BCH alt now uses weak subjectivity as the basis of determining consensus.

In a limited manner, yes. For everything else, there is SV.

Nobody is going to use SV for anything. Its just another altcoin, the 28th with the word bitcoin in its name. When are you going to give up the farce?

[HairyMaclairy]

Perhaps you are unaware that Core also relies upon checkpoints? That said, yes. I agree that following core in this bad practice of relying on checkpoints rather than pure PoW was a mistake.

Just run Core with -nocheckpoints    This was discussed in this thread less than a week ago.  Please try to keep up !