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

[Last of the V8s]

https://zycrypto.com/bitcoin-whale-moves-211-million-worth-of-bitcoin-as-market-conditions-improve/

https://blockstream.info/tx/68053b924c94b9fa4e9276503ce80b72d34e1ff2677e8d0a72ee25128100bdc9

That's Loaded.

So obvious.
One'd think the 'crypto' press would have researched the 'unknown whale' they're reporting on, but perhaps they can get a second article out of this.
More clicks = more ... what exactly?

[vapourminer]

Capitalism just works.

Here is the obvious answer to censorship:

https://www.cnbc.com/2019/04/30/youtube-algorithm-changes-negatively-impact-google-ad-revenue.html


What opponents of capitalism don't understand is that it is essentially a global voting mechanism. It's the closest we have ever gotten to democracy.

Voting with our dollars, that's the only real vote indeed. Which means politics is not where effective voting happens today. Mostly.

corporate money buys politicians votes. dunno if that the most cost effective way to buy votes in the short term but since it can result on pretty long term effects (laws get created/changed etc) so in the long runs its pretty cheap compared to future profits for that corporation.

[hisslyness]

https://twitter.com/coindesk/status/1123874890833068033

So instead of settling on a closed SQL Server of some sort, they have now settled on closed blockchain...

I wonder if it was a blue or red blockchain! 

[HairyMaclairy]

An anonymous bitcoin whale has moved 40,000 BTC amounting to $211 million from an unknown Bech32 address bc1q9sh6544xls87x7skjzyfhkty4wq7z76vn7qzq9 to another unknown destination wallet with Bech32 address bc1q5shngj24323nsrmxv99st02na6srekfctt30ch in the early hours of today.

The sender reportedly sent his/her entire wallet balance of 40,000BTC which they had held from February 2018 till date and had the 21st richest wallet until 22 April when it dropped to the 22nd richest.
https://zycrypto.com/bitcoin-whale-moves-211-million-worth-of-bitcoin-as-market-conditions-improve/

https://blockstream.info/tx/68053b924c94b9fa4e9276503ce80b72d34e1ff2677e8d0a72ee25128100bdc9

That's Loaded.

Splitting shit coin forks perhaps?  What forks were after Feb18?

[vapourminer]

feel free to ignore him. i find he is a useful filter of information. ignores drama and fluff, only comments on technical stuff, with the chops to back up his views.

What you consider to be 'chops' I consider to be fluff-based pretentiousness, but to each their own.

he uses math and logic. while i may disagree with some of it its certainty a much distilled version of the usual trash that the actual abc and bsv shills spew out (mostly air with no understanding of the underlying tech or goals). and since he also listens to other with questions and logical arguments, i find it useful.

"yes" men are not useful. those with well(ish) thought out "no" answers are.

"wheeee!" people are ignore of course.

[Last of the V8s]

Transaction fees 0.00074227 BTC
anyway 4 dollars is an outrage for a 21 mil tidy-up
miners are sooo greedy

[dyask]

It is very short sighted to think that gold or silver has a secure future.   Mining in space will require power but in the inner solar system solar power works fine.

2)  No matter how much handwaving and lying you do, everyone knows the cost of production for anything in space will be orders of magnitude higher than on earth.

Thank you for proving you are totally clueless.  It would be better to learn something about a subject before talking about it.  

However you do realize something.  The value of bitcoin is closely tied to the cost of mining and maintaining it.   It actually has a basis for its value.  The value of gold though is completely base on the current scarcity of it.   Over then next decades the scarcity is likely to change a lot.  

Also I'm not a scammer, I'm not trying to sell anything and if I were you would likely be the last type of person I would want to sell too.   I also don't want or need anything from you.    So I'm done with you as you clearly don't have anything useful to say. 

[El duderino_]

via Imgflip Meme Generator
^
THANK YOU Arriemoller for sending me a collectible coin, Will be added to the collection.

What a community

[HairyMaclairy]

[vapourminer]

It is very short sighted to think that gold or silver has a secure future.   Mining in space will require power but in the inner solar system solar power works fine.  As you go out the gas giants, even some moons can provide almost unlimited supplies of fuel.  Fission isn't a problem either in deep space as long as the reactors don't come back to earth.   Energy isn't an issue.   Mining the solar system will start slowly but the handwriting is on the wall.  The only real hurtles are battery technology and AI to run the ships.   Huge inroads in both areas over the last few years.   It will be insanely expensive at first, but those expenses will be dwarfed by the long term profits.   It will happen because that kind of profit brings power.  There are people that will do anything for power.

That is why digital currencies or something similar will replace gold as a store of value.  It might take a few decades but something will replace gold as a store of value because there is too much gold in the solar system, it is just a limited problem of how to get it.   We may even find economical ways to distill gold from sea water.   There is more gold dissolved in the oceans that has currently been mined.   Lack of technology has been protecting the value of gold, but that is rapidly changing.   

Its not so hard to believe now you have rockets popping back and forth to space and landing perfectly, like in some unbelievable 80s video game.

extracting gold would probably only be one use of asteroid mining. other advantages of asteroid mining such as refueling/maintenance/waypoint/science stations, plus the many other useful metals that can be mined may prove even profitable. so its not just gold, its just one more thing that would extracted.

used to take serious money and brave folks to cross oceans or even cross the continent (USA for the goldrush) back in the day.. but they did it and now its routine.

[LFC_Bitcoin]

via Imgflip Meme Generator
^
THANK YOU Arriemoller for sending me a collectible coin, Will be added to the collection.

What a community

How do you guys buy stuff on the forum? Do you get it sent to your home address?
I don’t think I’d be comfortable doing that, total DOX opportunity.

[vroom]

via Imgflip Meme Generator
^
THANK YOU Arriemoller for sending me a collectible coin, Will be added to the collection.

What a community

How do you guys buy stuff on the forum? Do you get it sent to your home address?
I don’t think I’d be comfortable doing that, total DOX opportunity.

there are services which provide anonymous parcel forwarding. this one for example: https://mail-ghost.com/

[BTCMILLIONAIRE]

3)  The ISS cost $150 billion, can only handle a crew of 7, and doesn't generate near enough power to mine anything.  Facilities to do all this nonsense you speak of would be trillions of dollars and science fiction levels of size.  Please draw us up your sketch of what this supposed facility looks like.  Lemme guess, it's a dyson sphere?  Imagine them trying to drag asteroids towards this thing, making some tiny mistake, and it runs into your base at 10mph, which is enough to destroy your entire bazillion dollar facility that took decades to build and everyone dies.  Or they lose control of the rock, drop it on earth, and it just wipes out a state or country.

Exponentially declining costs. But even those aside, $150 Billion is pretty cheap if you can mine trillions worth of metals on a fucking asteroid. You could spend ten times as much as on the ISS and still come out with profits.

[Dabs]

I'm pro-silver & gold and anti all (((digital currency))), ...

On a digital currency forum ... I guess you just said you don't really belong here, but for some reason like to hang around. Enjoy your stay.

[HairyMaclairy]

Golden cross approaching on the 100 (orange) & 200 (red) MA Dailies on Bitstamp



BFX Spread continues to widen



While Tether continues to sag below par (see blue line which represents parity with USD).




2015 Fractal, which uses BFX price, looks increasingly broken



The view from 10,000 feet is solid (BraveNewCoinLiquid Weekly showing MAs)

[El duderino_]

I'm pro-silver & gold and anti all (((digital currency))), ...

On a digital currency forum ... I guess you just said you don't really belong here, but for some reason like to hang around. Enjoy your stay.

Just don't be salty with the outcome

[LFC_Bitcoin]

I'm pro-silver & gold and anti all (((digital currency))), ...

On a digital currency forum ... I guess you just said you don't really belong here, but for some reason like to hang around. Enjoy your stay.

Just don't be salty with the outcome

When the bitcoin price moons I will pay r0ach well.....

To valet my car once & week a do my gardening.

[HairyMaclairy]

I'm pro-silver & gold and anti all (((digital currency))), ...

On a digital currency forum ... I guess you just said you don't really belong here, but for some reason like to hang around. Enjoy your stay.

Just don't be salty with the outcome

When the bitcoin price moons I will pay r0ach well.....

To valet my car once & week a do my gardening.

He doesn't strike me as the kind of guy who could do all that without badly fucking it up

[El duderino_]

Found this gem; recorded after watching it for you guys

#Bitcoin > Not a story; pure math

https://twitter.com/FatihSK87/status/1123866109478866944

LoL, nice  

[VB1001]

Bicoin Core 0.18.0


https://bitcoin.org/en/download

https://bitcoincore.org/en/releases/0.18.0/