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

[jbreher]

Bitcoin price prediction: BTC/USD must clear one prominent barrier before breakout – Confluence Detector

One of the three Bitcoin ETF proposal under the SEC’s review has been withdrawn prior to the final ruling.
Bitcoin price needs to rise above the hurdles at $10,253 and $10360 to be able to focus on higher levels towards $11,000.


Source: https://www.fxstreet.com/cryptocurrencies/news/bitcoin-price-prediction-btc-usd-must-clear-one-prominent-barrier-before-breakout-confluence-detector-201909180758

Thou shallest not count to the number two, unless thou proceedeth directly to three.

[jbreher]

Interesting to read a debunking of the 'in jail for fireworks' line:

I somehow don't believe his story of going to jail for 10 months for selling firecrackers on ebay.  I think there is something to the story he is leaving out.

Here's a transcript of the sentencing hearing, detailing exactly why he was sentenced to 10 months in jail, including the parts of the story he may have left out. Spoiler alert: pipe bombs aren't firecrackers.

I'm not so sure. I'm not going spelunking through the entire trial transcript. But from the sentencing, it appears that the term 'pipe bomb' appears only once. To wit:

"I think one factor that the Court can take into consideration or at least should consider is there were some pipe bombs involved in this case as well that were not charged and are not incorporated in the conduct that's before the Court..."
(emphasis added)

To me, this looks as if the matter of any pipe bombs were never even discussed in trial -- no evidence entered, no testimony revealing, etc -- and that the prosecution was allowed to get a sideswipe freebie in unchallenged.

Of course, 'pipe bomb' is a pretty specific term of art. I'd be curious to know what the legal definition of such was -- if indeed any evidence referring to such was ever entered into trial. But it apparently was not.

Until someone points me at anything within the trial transcript itself indicating evidence of dealing in pipe bombs, I'm inclined to accept Roger at his word.

As a sidebar, I find it kind of funny how this here crypto community is absorbed by long-past actions of various parties that have absolutely nothing to do with any crypto topic whatsoever.

You missed the bit where the judge says selling bombs to juveniles is a very serious offence.  

I think that these offenses are very serious. They could have been a lot more serious. The bombs could have gone off or people could have used them in destructive ways. Selling bombs to juveniles is never okay.

While it is true that the judge does not use the word ‘pipe bomb’ in these sentences and only uses the word ‘bomb’, the intent is clear.

I would be unsurprised to learn that from a legal perspective, 'unlicensed firecracker' is precisely synonymous with 'bomb'.

This is a typical example of you providing a partial truth in a deliberately misleading manner.

Bullshit, my nuance-challenged counterpointer.

[Dabs]

Ready for some weird stuff. Bitcoin Sci-Fi
Someone else posted this on F2Pool

Hyperbitcoinization on Earth BTC

What does a hyperbitcoinized future Earth settling nearby planets look like?

https://www.unchained-capital.com/blog/law-of-hash-horizons/

If someone else has posted this already ...my bad

I pointed out years ago that at ten minute intervals, interplanetary mining is a non-starter.

Wouldn't be a problem within our lifetimes. Like that article implies, there will be a Mars Coin, maybe a Jupiter Coin, and a SolarSystemCoin. If we manage to invent faster than light communication, then 10 minute blocks would be fine and everyone would still be using bitcoin in this galaxy.

No one would want to accept Imperial Credits.

This is a typical example of you providing a partial truth in a deliberately misleading manner.

Bullshit, my nuance-challenged counterpointer.

I have noticed, you have been consistently misleading as well. Maybe it is not intentional, but somehow your bias bleeds out into your posts and writings. Check yourself. Some posts, you even say "I didn't bother to read the whole thing, but I'll accept him at his word." when you know full well that other guy has gone on to take a different road from the rest of us.

[El duderino_]

Where's WO-Bro? game. Just for merits this time. Picture taken this morning.

Y'all solved from the merest of snippets in less than a handful of guesses last time. Let's see how this one goes.

No idea bruuuh it ain’t in London

[jbreher]

It only took a little wait for Hairy to nail you on that one.

I've seen you play the omission game in several technical discussions already... but defending Ver? Come on.

Nail? Hardly.

I'm not defending Ver. I'm defending truth.

[Dabs]

It does seem you are still invested in BTC, but you also talk about BCH and BSV as if they might become something. Maybe they will, or maybe you like some properties of those altcoins that maybe you'd prefer the Bitcoin Core devs would put into BTC, the wallet, or you don't like Segwit or any of a number of improvements that have been made to the original client.

That was 2 years ago, can't change it now.

[podyx]

[jbreher]

Ready for some weird stuff. Bitcoin Sci-Fi
Someone else posted this on F2Pool

Hyperbitcoinization on Earth BTC

What does a hyperbitcoinized future Earth settling nearby planets look like?

https://www.unchained-capital.com/blog/law-of-hash-horizons/

If someone else has posted this already ...my bad

I pointed out years ago that at ten minute intervals, interplanetary mining is a non-starter.

Wouldn't be a problem within our lifetimes. Like that article implies, there will be a Mars Coin, maybe a Jupiter Coin, and a SolarSystemCoin. If we manage to invent faster than light communication, then 10 minute blocks would be fine and everyone would still be using bitcoin in this galaxy.

Not if we are to have one chain to rule them all.

This is a typical example of you providing a partial truth in a deliberately misleading manner.

Bullshit, my nuance-challenged counterpointer.

I have noticed, you have been consistently misleading as well. Maybe it is not intentional, but somehow your bias bleeds out into your posts and writings. Check yourself. Some posts, you even say "I didn't bother to read the whole thing, but I'll accept him at his word." when you know full well that other guy has gone on to take a different road from the rest of us.

"Toe the clearly delineated, already approved line" said nobody of any significance ever.

[jbreher]

It does seem you are still invested in BTC, but you also talk about BCH and BSV as if they might become something. Maybe they will, or maybe you like some properties of those altcoins that maybe you'd prefer the Bitcoin Core devs would put into BTC, the wallet, or you don't like Segwit or any of a number of improvements that have been made to the original client.

That was 2 years ago, can't change it now.

My thesis says the next Blockalypse invalidates your thesis.

[Arriemoller]

Ready for some weird stuff. Bitcoin Sci-Fi
Someone else posted this on F2Pool

Hyperbitcoinization on Earth BTC

What does a hyperbitcoinized future Earth settling nearby planets look like?

https://www.unchained-capital.com/blog/law-of-hash-horizons/

If someone else has posted this already ...my bad

I pointed out years ago that at ten minute intervals, interplanetary mining is a non-starter.

Wouldn't be a problem within our lifetimes. Like that article implies, there will be a Mars Coin, maybe a Jupiter Coin, and a SolarSystemCoin. If we manage to invent faster than light communication, then 10 minute blocks would be fine and everyone would still be using bitcoin in this galaxy.

No one would want to accept Imperial Credits.

This is a typical example of you providing a partial truth in a deliberately misleading manner.

Bullshit, my nuance-challenged counterpointer.

I have noticed, you have been consistently misleading as well. Maybe it is not intentional, but somehow your bias bleeds out into your posts and writings. Check yourself. Some posts, you even say "I didn't bother to read the whole thing, but I'll accept him at his word." when you know full well that other guy has gone on to take a different road from the rest of us.

Imperial Credits, that's what we should call our crypocurrency, should we (the WO hats) decide to create one.

[podyx]

Faked out the small triangle. If we break to the upside in the large triangle then could see some fireworks

[d_eddie]

Weekend taking off or what?

[soxxx]

Could this be it? 

[d_eddie]

It only took a little wait for Hairy to nail you on that one.

I've seen you play the omission game in several technical discussions already... but defending Ver? Come on.

Nail? Hardly.

I'm not defending Ver. I'm defending truth.

It hardly seems appropriate to dress as a Defender of the Truth when the Truth so dearly defended is at the very least incomplete.

At least you could have read the whole sentencing before taking a conman at his word.

It's a fact that the judge DID use the expression "pipe bomb" in the official document. Which could suggest there were pipe bombs involved indeed, even if they didn't make it to the proceedings. There could have been deals or other circumstances excluding some witnesses, just to name one possibility.

Hm, sometimes I wonder why do I even argue with you about nontechnical stuff...

[Dabs]

He sounds like a smart man. Many years of experience in life. Probably retired or close to it. Comfortable. But just wants to cause unnecessary trouble by dealing with altcoins.

Hey, I like altcoins, I know what they are, but I don't go about saying BTC should do this or do that. If it's really good, it will make it back to BTC.

I've seen altcoins adopt SegWit, ... and that's a good thing right?

[d_eddie]

He sounds like a smart man.

He definitely is. And quite civil too. A nice guy to have a conversation with. As long as certain "religious" topics are not touched 

[Dabs]

I lost money by hodling altcoins. I might make money by having deals with them, I don't know. But when I do, I'll be sure to convert any gains back to BTC. Hopefully I get a handful of projects going forward and they'll do well enough.

I read about that ICO that converted whatever they got into stablecoins, so at least maintained and even improved on their initial funds while paying everyone that needed to be paid (devs, marketing, etc.) That's a good example to follow. Sort of like insurance.

[Torque]

It only took a little wait for Hairy to nail you on that one.

I've seen you play the omission game in several technical discussions already... but defending Ver? Come on.

Nail? Hardly.

I'm not defending Ver. I'm defending truth.

I guess you don't realize that no one around here gives a shit about Ver? Never did?

So let it go dude.

We don't give a shit about any of the "vocal" or infamous personalities in the crypto world, they are all scam artists and always will be.

[Dabs]

I can imagine Ver saying "wassup wassup wassup!!!!! I'ma da beeetcoin jesus ...." then flips his fingers while saying "beeecash connect!!!!"

[d_eddie]