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

[eddie13]

I saw it here first so....
Thoughts? https://bitcointalk.org/index.php?topic=5158097.0

[1715240143]

1715240143

[1715240143]

1715240143

[realsteelboy]

Break up or break down?

I’m going up 3am GMT

[marcus_of_augustus]

Gold relics, please catch up:

1) intrinsic value is now a bygone myth (like the heliocentric universe) since the subjective theory of value was formally established.

2) corporeal is a well-established legal term, to mean not intangible. Corporeal obviously encompasses bitcoin private keys (electronic or magnetic arrangements on digital media or seed phrases and written words on paper or other media). I.e. cryptographic keys are substantial and the possessor of the substance of the physical bitcoin private keys controls the value encumbered upon those keys.

3) bitcoin keys have been demonstrably proven in the market place as an effective physical, non-fiat, bearer instrument, the purest form of money invented to date. In cannot be uninvented, the next iteration will not be gold but likely something even further removed from rocks dug out of the ground to be used as a value transfer and storage information technology.

4) gold is not dead but the writing is on the wall, it will eventually become a monetary relic, like cowry shells, rai stones, wampum shells, tally-sticks, continental notes, silver, copper, nickel and fed res. debt promissories. All that will not happen overnight. You have time to dyodd.

[BitcoinNewsMagazine]

Symmetrical triangle forming. Usually the break out is in the direction of the existing trend but with bitcoin there are no guarantees:

[Toxic2040]

[GreatArkansas]

Just saw this 

[HI-TEC99]

Break up or break down?

I’m going up 3am GMT

 

Or it could do a sideways bart / inverse bart for months.

[jojo69]

well, there's a breakout of BNM's triangle already

[Hueristic]

You think having a botnet of real Bots is a bad idea?

Quite. But also very hard to see how the economic and business models will ever stack up.  

They are looking to recoup maintenance cost but I don't think they will unless something drastically changes. If they break even then they will be happy.

But its added decentralized security for the network and LEA supporting Crypto so it's a Win Win in my book.

[Last of the V8s]

how do they stop bullets again

[Syke]

Break up or break down?

I’m going up 3am GMT

It's going up.

[Hueristic]

It's good to see that we're at 10790, it's the second time that he's trying to break into more than 11,200.




https://twitter.com/lopp/status/1142864831613153286

Here's the info.

[bitcoin-dev] PSA: Upcoming disclosure of pre-v0.17.1 vulnerabilities
Luke Dashjr luke at dashjr.org
Sat Jun 22 23:42:52 UTC 2019

    Previous message: [bitcoin-dev] New BIP - v2 peer-to-peer message transport protocol
    Next message: [bitcoin-dev] OP_SECURETHEBAG (supersedes OP_CHECKOUTPUTSVERIFY)
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Two relatively minor vulnerabilities will likely be disclosed sometime soon.

The first vulnerability, CVE-2017-18350, was introduced in v0.7.0 (released in
2012 September), and affects all versions released until the fix was included
in v0.15.1 (released in 2017 November). No versions prior to v0.15.1 are
expected to be fixed.

The second vulnerability, CVE-2018-20586, was introduced in v0.12.0 (released
in 2016 February), and affects all versions released until the fix was
included in v0.17.1 (released in 2018 December). As of today, this fix has
NOT been backported to older versions. When/if v0.15.3 and v0.16.4 are
released, they may also include a fix, but due to the minor severity of this
vulnerability, it does not merit a dedicated release on its own. (The git
branches are also NOT fixed at this time.)

Please be sure you have upgraded to a fixed version no later than August 1st.

[dyask]

^Nobody needs to see retard drivel and lies claiming metals are not tangible and bitcoins are.  Cry and lie as much as you want, it's 100% impossible for imaginary, valueless, designed to centralize, permissioned ledger digital shitcoins to defeat metals on Exter's pyramid.

Ha!  I just pointed out that the "tangible" gold hasn't even kept up with inflation ... So much for that tangible investment.

The real value story for gold is it will be great if the world faces some major catastrophe.   The problem with that thinking is that anything that major will wipe out most people no matter how prepared they are.   That isn't a world I want to live in.

[BitcoinNewsMagazine]

well, there's a breakout of BNM's triangle already

I like to see a thirty minute green candle completely above the triangle to confirm the breakout.

[btcbeliever]

Hey we just started a 7th daily candle, that are all green so far.  If this 7th candle closes out green, will that be some kind of record for most consecutive daily green candles?

[realr0ach]

Gold relics, please catch up:

1) intrinsic value is now a bygone myth (like the heliocentric universe) since the subjective theory of value was formally established.

2) corporeal is a well-established legal term, to mean not intangible. Corporeal obviously encompasses bitcoin private keys (electronic or magnetic arrangements on digital media or seed phrases and written words on paper or other media). I.e. cryptographic keys are substantial and the possessor of the substance of the physical bitcoin private keys controls the value encumbered upon those keys.

3) bitcoin keys have been demonstrably proven in the market place as an effective physical, non-fiat, bearer instrument, the purest form of money invented to date. In cannot be uninvented, the next iteration will not be gold but likely something even further removed from rocks dug out of the ground to be used as a value transfer and storage information technology.

4) gold is not dead but the writing is on the wall, it will eventually become a monetary relic, like cowry shells, rai stones, wampum shells, tally-sticks, continental notes, silver, copper, nickel and fed res. debt promissories. All that will not happen overnight. You have time to dyodd.

Jesus Christ.  What a lying scammer-tard.  

1)  Nobody used the word intrinsic value.  You're trying to pigeonhole the discussion into a meaningless catch phrase.  Let's attack this subject in real terms instead of your bogus propaganda.  Bitcoin is a fake commodity.  If you corner all 21 million "coins", the rest of the world can completely ignore you like you don't even exist.  If I buy up all of a real commodity like physical silver, the world actually needs it and I can ask whatever the market can bear.  

This is the crux of the Aristotle vs Plato argument of money.  Aristotle said that money is required to be a real physical commodity.  Plato was a Keynesian and said money could be an imaginary widget (aka Bitcoin).  Plato was obviously wrong due to my above example showing how people can simply boycott a fake commodity and your system implodes leaving you powerless.  You're a 21st century bugman unable to comprehend these arguments about what can and can't be money have already been made 2000 years ago and nothing has changed to make Plato's argument valid unless you're arguing that the state should force people to use a fake commodity at gunpoint.  Using a fake commodity works in no other manner besides at gunpoint.  

2)  Yes, thank you for using the word "corporeal" to describe Bitcoin aka imaginary and valueless - a fake commodity.

3)   Bitcoin is not "money".  It's a "currency".  It even has the word currency in it's name "cryptocurrency" for people with a very low IQ to be able to see.  Every currency starts at a value of 0 and returns there.  All currencies are essentially pump and dump scams.

4)  The writing is on the wall for all fiats, currencies, and fake commodities, not real commodity money.  Fake commodities are faith based, real commodities aren't.  This is without even discussing Bitcoin tokens are non-fungible with transaction validators being designed to centralize, making it a permissioned ledger with zero fundamentals and no reason to exist.

[Hueristic]

how do they stop bullets again

They detect guns and react by positioning themselves between bystanders and guns acting as shields, It should be interesting to see if they actually are working in a real world scenario. Watch the video, she makes some good points and is an excellent interviewee with a quick mind. she makes one pretty funny comment when he asks what do you call cop forces and she says sarcastically "Departments?"


$11185 and rising.

Bitfinex to introduce 100x leverage...

So they can Dump Clams and rape the Insurance fund?

[infofront]

Symmetrical triangle forming. Usually the break out is in the direction of the existing trend but with bitcoin there are no guarantees:

I guess we know how that turned out. 

[realr0ach]

African medicine and Bitcoin share many similar traits:



Lauda on the Jewish question:

[Hueristic]

So, if I keep my cold storage coins in a legacy address, how does the affect anyone but me?

Attacking segwit isn't going to accomplish much at this point anyway. That battle was already fought, and the pro-segwit side achieved a major victory. I agree that any negatives about segwit will remain big blocker talking points, as they try to make BTC look weak. That doesn't mean there aren't still legitimate criticisms of segwit, and lightning, for that matter.

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