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

[toknormal]

Might be an idea to wake tf up and realise that because not everybody thinks like you, not everybody invests like you - at least not exclusively.

But the MAJORITY do, and that's who really counts in the cryptosphere, isn't it? The MAJORITY is who Bitcoin is trying to appeal to and win over. Not a few "crazy" investors.

I doubt it.

The "majority" has never been invested in reserve assets. They've been invested in the utility assets that make the money that flows into the reserve assets. That's why you're seeing bitcoin dominance decrease over the years even though its price and marketcap rises.

[gembitz]

You keep avoiding the ‘no real life users’ of alts problem.

What exactly do you mean by a "real life user".

In monetary assets, a "real life user" is simply someone who's invested. Here - see some metals belonging to "real life users".

Here's some "real life users" making transactions on blockchains. I presume those in the top 5 are just wasting their lives by not doing them on the "holy" bitcoin chain.

Here's some "real life users" providing trustless, blockchain sourced liquidity to traders requiring stable, pegged assets to national currencies. Maybe they should have just stuck with BTC and accepted the losses when their guvpaper based goods prices were rendered irrelevant. (Not to mention the "real life users" making money by shorting or longing that asset onto its peg - but, hey, just hold BTC instead, otherwise you're not a "real life user" ? )

Here's some making money from running masternodes on the Dash network and securing the "o-conf" end of the confirmation cycle so crypto can be used in instant transaction scenarios. As far as I know they're "real life users".

Ethereum is adding thousands of developers every year to its ecosystem but I'm sure that doesn't count as "real life users" as they're not on the bitcoin network, nor are they "users", they're developers.

The reason you folks think there's "nothing going on" and "no value" in other chains is simply because you're so f*ng fanatically tunnel visioned that you've already defined yourselves a self fulfilling prophecy.

Might be an idea to wake tf up and realise that because not everybody thinks like you, not everybody invests like you - at least not exclusively.

drug dealers & endusers weee

[Toxic2040]

It appears that my user name (along with others) made it on 60 minutes tonight for a few seconds.

image upload

[realr0ach]

While I disagree with roach in regards to bitcoin being a scam, I do enjoy alternate perspectives. How can you learn anything by simply ignoring someone you don’t agree with? Sounds like a fair few liberals in here who get triggered.

I do agree with roachs view on women and I worry for microgoosens future with a woman who has had such a promiscuous past.

I think the statistics were something like greater than 50% chance of divorce if a woman has had other sexual partners before marriage.  Then a very low chance of only like 10-20% if they had zero.  The whole sexual liberation of women thing was a Jew scam to try and break up the family unit, which then of course leads to the collapse of that civilization.  It's just another part of the Jewish termite war against humanity.  

Yes, it sounds absolutely terrible being forced to marry a woman to have sex with them, but they're just designed in stupid ways and that's the lay of the land.  In the past, civilization seemed to have solved this problem by segregation of the female population.  There would be married stock and non-married stock, prostitute-type women of the night that people just did not consider marriage potential.  It was more Indian-style, class based.  Not that all women in general aren't prostitutes.  It was just a github hotfix to attempt to deal with the problem and their behavior.

The goal of the evil cult of Judaism is always to destroy their host nation.  Just as there is matter and anti-matter, the Jew is the anti-human.  They aren't called "The synagogue of Satan" for nothing:

[WinslowIII]

Roach will be lording over all crypto retards 10 years from now, telling us how he told us so. Or not.

[xhomerx10]

It appears that my user name (along with others) made it on 60 minutes tonight for a few seconds.

image upload

 We are in the company of the rich and famous!
Can I have your autograph or should I be asking for a digital signature?  

[bones261]

It appears that my user name (along with others) made it on 60 minutes tonight for a few seconds.

image upload

 We are in the company of the rich and famous!
Can I have your autograph or should I be asking for a digital signature?  

Here you go.

Address:
1Q7cMPzu5WCUX54RBfbojLba62ea6xyVre

Message
I am bones261

Signatur
H7giXXnsoX/qKsb25WB4+JXPbMKIUitU+54yy7u4DMySdcF+g47+nh3tSQDCssb5jyccZLT8gvivD1sYCLUG2uo=

Proof:
http://www.coinig.com/?adr=1Q7cMPzu5WCUX54RBfbojLba62ea6xyVre&msg=I+am+bones261&sig=H7giXXnsoX%2FqKsb25WB4%2BJXPbMKIUitU%2B54yy7u4DMySdcF%2Bg47%2Bnh3tSQDCssb5jyccZLT8gvivD1sYCLUG2uo%3D

Please verify and quote!

Verified using Electrum 3.0.3.

[xhomerx10]

It appears that my user name (along with others) made it on 60 minutes tonight for a few seconds.

image upload

 We are in the company of the rich and famous!
Can I have your autograph or should I be asking for a digital signature?  

Here you go.

Address:
1Q7cMPzu5WCUX54RBfbojLba62ea6xyVre

Message
I am bones261

Signatur
H7giXXnsoX/qKsb25WB4+JXPbMKIUitU+54yy7u4DMySdcF+g47+nh3tSQDCssb5jyccZLT8gvivD1sYCLUG2uo=

Proof:
http://www.coinig.com/?adr=1Q7cMPzu5WCUX54RBfbojLba62ea6xyVre&msg=I+am+bones261&sig=H7giXXnsoX%2FqKsb25WB4%2BJXPbMKIUitU%2B54yy7u4DMySdcF%2Bg47%2Bnh3tSQDCssb5jyccZLT8gvivD1sYCLUG2uo%3D

Please verify and quote!

Verified using Electrum 3.0.3.

 Sweet!  Screen capt for authentication purposes.  This will be worth a lot one day.

[DaRude]

You will not find anyone here who thinks that BCH will ever be $4k again ..even if BTC attains even the wildest predictions.

The trend BTC/BCH is very clearly lower.

It still has the support of Bitmain and another BTC bubble would presumably provide them a war chest with which to pump it. I mean, they're a million deep in that shit, so I'd certainly not rule it out.

No.  Bitmain has abandoned Bcash. Jihan is now bagholder extraordinaire

It'll go to 0 the second Bitmain abandons bcash, they'd be stumbling over each other to see who gets to get their sell order in first. They're too deep, too committed with really no good way out

[windjc]

Metcalfe’s Law.  A shitcoin with zero users has a value of zero.

https://en.m.wikipedia.org/wiki/Metcalfe%27s_law

You still haven’t come up with a single alt with actual real world users.  

There are actually quite a # of companies using IOTA. Just saying.

[Biodom]

I think that conversing about alts distracts (for the most part) from bitcoin, which is the topic here.
Very infrequently it might be OK just to contrast and/or compare.
Not every other post, please.

[HairyMaclairy]

You keep avoiding the ‘no real life users’ of alts problem.

What exactly do you mean by a "real life user".

In monetary assets, a "real life user" is simply someone who's invested. Here - see some metals belonging to "real life users".

Here's some "real life users" making transactions on blockchains. I presume those in the top 5 are just wasting their lives by not doing them on the "holy" bitcoin chain.

Here's some "real life users" providing trustless, blockchain sourced liquidity to traders requiring stable, pegged assets to national currencies. Maybe they should have just stuck with BTC and accepted the losses when their guvpaper based goods prices were rendered irrelevant. (Not to mention the "real life users" making money by shorting or longing that asset onto its peg - but, hey, just hold BTC instead, otherwise you're not a "real life user" ? )

Here's some making money from running masternodes on the Dash network and securing the "o-conf" end of the confirmation cycle so crypto can be used in instant transaction scenarios. As far as I know they're "real life users".

Ethereum is adding thousands of developers every year to its ecosystem but I'm sure that doesn't count as "real life users" as they're not on the bitcoin network, nor are they "users", they're developers.

The reason you folks think there's "nothing going on" and "no value" in other chains is simply because you're so f*ng fanatically tunnel visioned that you've already defined yourselves a self fulfilling prophecy.

Might be an idea to wake tf up and realise that because not everybody thinks like you, not everybody invests like you - at least not exclusively.

Can you name anyone using any of those coins / tokens for anything other than as a currency or store of value?

I’m willing to admit stable coins have value, although their current implementation is dodgy. But I cannot see value anywhere else except as a shitty copy of Bitcoin. 

[HairyMaclairy]

Metcalfe’s Law.  A shitcoin with zero users has a value of zero.

https://en.m.wikipedia.org/wiki/Metcalfe%27s_law

You still haven’t come up with a single alt with actual real world users.  

There are actually quite a # of companies using IOTA. Just saying.

Name one that has gotten past the pilot stage.

It’s a bit like XRP.  Despite hundreds of trials with banks, Ripple has never made it past the pilot stage.  And if you talk to the people inside the banks about xrapid, they laugh.

You will notice that Ripple is doing a bunch of partnerships with banks in developing countries.  That’s because they have miraculously managed to burn their relationships with the entire developed world banking system by overpromising and underdelivering.  Everyone thinks they are a joke.  At the rate they are going, by 2020 there won’t be a bank left in the world that is willing to talk to them.

[DaRude]

http://boards.4channel.org/biz/thread/13616424/paul-solotshi-calder-le-roux-the-real-satoshi

 

weeeee

  Wow CSW was an expert against TrueCrypt inventor Paul Solotshi Calder Le Roux case
From all the people who could've invented bitcoin TrueCrypt inventor (named Solotshi) would be near the top of the list (and CSW at the bottom)

Edit: who's been in jail since 2012

[Biodom]

BTC did not "like" the GOT ending, or so it seems, lol.
All eyes on Tuesday.

I always "marveled" at Wallstreet's ability to plunge the asset a day or two before the good news and pump it before bad.
So many examples. I remember one in particular.
In 2003, rumors were spreading that AAPL is about to buy Disney and this depressed AAPL stock.
Large blocks were purchased by people in the know, apparently (check the volume), and a few days later AAPL announced iTunes and the stock went on a multi-year tear.

[realr0ach]

Bitcoin is a store of value.

Wrong for the 4000th time.  Nothing can be a store of value unless it's a non-perishable commodity.  Bitcoin is neither non-perishable or a commodity.  Claiming Bitcoin is a store of value is no different than claiming Dogecoin, Factcom, or NXT is a store of value.  Everyone knows that statement is completely false.  You just pretend you can pass off your lie for bitcoin in an attempt at personal gain.  

In case whoever is reading this is stupid and can't figure it out, things like Bitcoin require external inputs to exist at all.  It's extremely perishable and can disappear at any second without proper inputs being received.  A real non-perishable commodity like silver or gold simply sits there rejecting any advance of entropy (as far as any human civilization time span is concerned) without requiring external inputs and doesn't simply vanish without a black hole hitting the planet.

[marcus_of_augustus]

pump incoming ...

[dyask]

Bitcoin is a store of value.

Wrong for the 4000th time.  Nothing is a store of value unless it's a non-perishable commodity.  Bitcoin is neither non-perishable or a commodity.  Claiming Bitcoin is a store of value is no different than claiming Dogecoin, Factcom, or NXT is a store of value.  Everyone knows that statement is completely false, you just pretend you can pass off your lie for bitcoin in an attempt at personal gain.  

In case whoever is reading this is stupid and can't figure it out, things like Bitcoin require external inputs to exist at all.  It's extremely perishable and can disappear at any second.  A real non-perishable commodity like silver or gold simply sits there rejecting any advance of entropy (as far as any human civilization time span is concerned) and doesn't simply vanish without a black hole hitting the planet.

Total nonsense.   A store of value can be anything that a society chooses.   Many non-metal things have been used in the past, such as salt and even stones carved into wheels.   Today, art, coins, stamps, baseball cards and even dolls are often used as stores of values.   As far a commodities go, they are mostly traded in forms of derivatives and actually probably less real than crypto-currency.    Most stores of value in this age are nothing more than numbers in accounts.   We are so far from using gold or silver as a currency that hording them provides no security.   Gold does have a long history of being a useful store of value, but we are at the end of that period.   Maybe you can be buried in a gold coffin, you won't be any better off than someone buried at sea.  In the future maybe your coffin will be found and people will wonder how profoundly stupid it was to horde so much almost as such a common resource as gold.  

[realr0ach]

pump incoming ...

[kurious]

http://ufreetv.com/cbs.html

Nice one - useful!