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

[Biodom]

IMHO, you fellas should ease up on jbreher.
He is NOT R. Ver or craig W, clearly.  
An engineer and/or scientist, no doubt.

I root for the proper btc, but the jury is still open on whether LN would behave when we stress it with 100s of millions if not billions of users.
BTW, personally, i like second layer solutions like LN more, but I am perfectly willing to listen to the opposite opinion.
Y'all espouse 'political correctness' here, which i never cared much about.

Besides, anyone who did not split their btc yet carries expected future bch and bsv coins within.
I don't think that for btc to succeed, forks have to zero-out.
Mostly, I just not follow them as closely as btc, but time comes, I would like to collect the proceeds if there would be any.

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[HairyMaclairy]

IMHO, you fellas should ease up on jbreher.
He is NOT R. Ver or craig W, clearly.  
An engineer and/or scientist, no doubt.

I root for the proper btc, but the jury is still open on whether LN would behave when we stress it with 100s of millions if not billions of users.
BTW, personally, i like second layer solutions like LN more, but I am perfectly willing to listen to the opposite opinion.

Jbear and the Bcash crowd would be ok if they sought competitive differentiation.  That's what competitors do.  They say 'our product is different and better'.  They have logos / brands which are instantly visibly distinguishable.  They make their product stand on its own merits. Jbear doesn't do that.  He pretends that his coin is 'Satoshi's Vision'.  He pretends that it much closer to the 'original Bitcoin' than 'Segwit coin'.  He says things like:

One of the things that makes BSV good is that it is being incrementally returned to the original Bitcoin protocol.

Jbear is not seeking competitive differentiation.  He is seeking to pass his shitcoin off as the original Bitcoin.  And I have no tolerance for shills, frauds or charlatans.

[JayJuanGee]

IMHO, you fellas should ease up on jbreher.
He is NOT R. Ver or craig W, clearly.  
An engineer and/or scientist, no doubt.

I root for the proper btc, but the jury is still open on whether LN would behave when we stress it with 100s of millions if not billions of users.
BTW, personally, i like second layer solutions like LN more, but I am perfectly willing to listen to the opposite opinion.

Jbear and the Bcash crowd would be ok if they sought competitive differentiation.  That's what competitors do.  They say 'our product is different and better'.  They have logos / brands which are instantly visibly distinguishable.  They make their product stand on its own merits. Jbear doesn't do that.  He pretends that his coin is 'Satoshi's Vision'.  He pretends that it much closer to the 'original Bitcoin' than 'Segwit coin'.  He says things like:

One of the things that makes BSV good is that it is being incrementally returned to the original Bitcoin protocol.

Jbear is not seeking competitive differentiation.  He is seeking to pass his shitcoin off as the original Bitcoin.  And I have no tolerance for shills, frauds or charlatans.

Yep.. no deserving of any break(s) for the reasons stated by HairyMC. Those bcasher, BIGblocker, bitcoin naysaying nutjobs are not even attempting to actually provide a better product, as they pretextually assert, so they don't deserve any scintilla of a benefit of the doubt for supposed good intentions that they do not possess.

[realr0ach]

It's bullshit people claim JayJuanGee passes a Turing test when people just assume the code is a mentally insane human.  To pass a Turing test people would have to think it's a normal human.

It's bullshit that you actually believe that anyone gives any shits what you believe, except maybe perhaps for the sake of some humor in witnessing that actual dumbasses like you actually exist in this world (at least on the interwebs).

Fuck you, JayJuanGee.  You're not fooling anyone.  To pass a Turing test people are required to belive you're a normal human, not a defective one.

[JSRAW]

Fucking Erdogan man...lame

[realr0ach]

Just saw the greatest Bitcoin commercial of all time last night and can say Joker is a masterpiece.

Well, it's a movie created by a Jew designed specifically for incels, so of course you would love it.  You see, Jews are the original prototype incel - the untermensch.  As talked about by people such as Ted Kaczynski - the first person to diagnose liberalism as a mental disorder based on inferiority complex - Jews, lesbians, incels, 60 IQ dark-skinned people incapable of building or functioning in civilizations - they're all not able to particpate in society so they all want to just burn it down out of spite.

The idea of 'being different' is sold by propagandists as being 'cool', but when you look at a zebra, do any of them look different?  No.  The only ones that look different got eaten by lions from being dysfunctional.  So as you can see, The Joker is a far leftist, incel uprising movie attempting to pretend the untermensch reversing natural selection and killing off all the functional people instead of themselves being the ones who natural selection should have eliminated is somehow a good thing.  If a neurotic, rodent-like Jew or butch lesbian kills off all the non-neurotic and normal looking people, they believe they will then be normal by default since all comparisons are...dead.

[Biodom]

Fucking Erdogan man...lame

nicked

[A reaction to china coin launch in a few days/weeks?]

US is about to experience yet another "sputnik" moment.
In the 60ies it was a smart response: NASA, lunar missions, science education in schools.
What now? I am not confident at all that a response would be intelligent this time around.

[realr0ach]

Interesting...SEC files emergency relief against Telegram token (TON).
https://www.sec.gov/news/press-release/2019-212
Someone already invested 1.7 bil.

What is there to even argue about?  It says in the letter "you can't bypass securities law just by claiming something is a 'cryptocurrency'" LOL.  It's like someone selling green, moldly hotdogs on the side of the road and saying "Nah, I don't need to follow any health inspections.  These are crypto-hotdogs".

[hv_]

You ignored my entire defense

What defense?

If you want to counter something, counter the reasoning below:

I'd be happy to, if you had something to respond to other than 'a couple of the people who believe this is the route forward have engaged in behavior I consider unsavory'. But you don't. There is nothing to respond to.

Again: Defend your statement. Or retract it. Any other path forward for you would be dishonorable.

You forgot the bit where the big blockers try to fool newbies into thinking Bcash lol and BSV are Bitcoin.

Your entire value proposition is based on fraud.  

One of these logos is a BSV logo.  One of these logos is a Bitcoin logo.  I can’t tell the difference so I can’t see how a newbie could.  This is plainly fraudulent passing off.  

Thanks Hairy. He insists on making it an argument about whether or not a piece of software has the ability to act immorally on its own, which is of course, never what the argument was about.

breher: just because you ignore a defense doesn't mean its not a defense. I'm tired of playing these word games with you. Look at the scoreboard: your favorite altcoins are dying slow but measurable deaths because they were built on the fraudulent premise that they are the real bitcoin. Had they not tried so hard to blatantly piggyback off bitcoin's good name, perhaps they would both be doing better than they currently are. They would almost certainly be better respected by the general community.

Segwit and LN and Schnorr are not BitCoin, for a very good reason.

If u don't get that, visit a lawyer but don't misinform all the others.

[realr0ach]

Segwit and LN and Schnorr are not BitCoin, for a very good reason.

You miss the real point.  Money is supposed to be a constant and unchanging.  Things like the noble metals (physical silver and gold) resist entropy.  Bitcoin FACILITATES entropy.  It's the #1 worst form of 'money' ever created.  If something starts out as some completely arbitrary abomination and randomly transforms into some other new, completely arbitrary abomination, it's obviously not fungible or money.

"Fungible" does not mean tumbling coins in some Albanian mixer to try and obfuscate outputs, it means the object has actual, inherent properties that don't mutate at random.  Fungibility is a requirement of money and no imaginary, digital shitcoin has it.  Physical metals are money and digital shitcoins are scam hoaxes pretending to have the traits of metals when they don't.

[HairyMaclairy]

Fucking Erdogan man...lame

nicked

[A reaction to china coin launch in a few days/weeks?]

US is about to experience yet another "sputnik" moment.
In the 60ies it was a smart response: NASA, lunar missions, science education in schools.
What now? I not confident at all that a response would be intelligent this time around.

Trump can be Laika

[realr0ach]

Jbear and the Bcash crowd would be ok if they sought competitive differentiation.  That's what competitors do.

That's a 100% bogus argument since "Satoshi" in his own words mentions absolutely nothing about outsourcing scaling of Bitcoin to private corporation called Blockstream and using their permissioned ledger called Lightning Network that's an exact replica of the already existing banking system.  If you were actually honest and not a crooked shitlib/digital shitcoin scammer, you would likely classify LN as a hijacking of Bitcoin and not altering the block size, which Satoshi actually did talk about.

Which scaling method is better (both suck, all digital shitcoins are scams, and only physical metals are money) is irrelevant.  One method clearly adheres to the original project much more than the other.  As an impartial judge, it would be very difficult to claim LN is not a hijacking of Bitcoin.  Your only real course of action is to whine that Satoshi left the project for dead.  Have you ever considered it's abandoned because it's designed to centralize, inferior to physical metals, and not even possible to create a decentralized digital currency in the first place?

[mindrust]

Fuck politics get back to Bitcoin, why don't we go up? I was told to enjoy $16k in October. Where is it? 18 days left to November, Asuka needs get her shit back together as soon as possible. People's dreams are on the line here. All those lambos, hoos, parties, yachts... Get back to work Asuka enough lollygagging

[realr0ach]

Fuck politics get back to Bitcoin, why don't we go up? I was told to enjoy $16k in October. Where is it? 18 days left to November, Asuka needs get her shit back together as soon as possible. People's dreams are on the line here. All those lambos, hoos, parties, yachts... Get back to work Asuka enough lollygagging

Can't build a bull out of digital shitcoin scams, but you can out of physical silver:

[HairyMaclairy]

Credit Suisse starts charging negative 0.6% interest on deposits over $500k and negative 0.75% interest on deposits over $2 million

The current negative interest rate will be communicated to you on request.

https://www.credit-suisse.com/media/assets/private-banking/docs/ch/unternehmen/kmugrossunternehmen/cash-deposit-konto-en.pdf



Paywall:  https://www.afr.com/companies/financial-services/banks-and-business-wrangle-with-zero-interest-rate-floors-20191011-p52zs6

[Fatman3001]

IMHO, you fellas should ease up on jbreher.
He is NOT R. Ver or craig W, clearly.  
An engineer and/or scientist, no doubt.

I root for the proper btc, but the jury is still open on whether LN would behave when we stress it with 100s of millions if not billions of users.
BTW, personally, i like second layer solutions like LN more, but I am perfectly willing to listen to the opposite opinion.

Jbear and the Bcash crowd would be ok if they sought competitive differentiation.  That's what competitors do.  They say 'our product is different and better'.  They have logos / brands which are instantly visibly distinguishable.  They make their product stand on its own merits. Jbear doesn't do that.  He pretends that his coin is 'Satoshi's Vision'.  He pretends that it much closer to the 'original Bitcoin' than 'Segwit coin'.  He says things like:

One of the things that makes BSV good is that it is being incrementally returned to the original Bitcoin protocol.

Jbear is not seeking competitive differentiation.  He is seeking to pass his shitcoin off as the original Bitcoin.  And I have no tolerance for shills, frauds or charlatans.

I think this could precisely be the competitive differentiation you seek. There is no doubt that BTC has gone through some major and controversial changes. But BSV's insistence on calling their coin Bitcoin is misguided. It's confusing and hurts their own case more than BTC's.

O! be some other name:   
What’s in a name? that which we call a rose   
By any other name would smell as sweet;   
So Romeo would, were he not Romeo call’d,

[JSRAW]

Fucking Erdogan man...lame

nicked

[A reaction to china coin launch in a few days/weeks? recent bombing]

~snip~

[fillippone]

Number of #Bitcoin addresses holding more than 1000 $BTC 👀

via Imgflip Meme Generator

https://twitter.com/glassnode/status/1182674900496146432?s=21

Other two graphs I find very interesting, and also a little bit scary.

Fist one is the total amount of negative yielding debt: it’s down from the highs well above 16 trillions dollar, but still at an astounding 14 trillions.
Bear in mind that you can find negative yielding junk bonds: you have to pay to buy a junk bond=nonsense.



Second graph is the percentage of central bank assets expressed as a percentage of the gross domestic product (GDP) of the respective reference monetary areas.
It ranges from 120% (!!!) of the SNB (National Bank of Switzerland) to 102% of the Bank of Japan (BOJ), to almost 40% of the ECB (They have just resumed buying 20 Billions of Government Securities per month). Good last the FED with 18 %, which has just announced a 60 Billions per month T-Bills purchase program, trying to fix the short term repo mess they have created.

[rebal15]

Fucking Erdogan man...lame

There is two men in this world, US president and Poutine, the others are bitches.

[Gyrsur]

Fucking Erdogan man...lame

There is two men in this world, US president and Poutine, the others are bitches.

should i tell you why this above is true? the nuclear power of both combined is the key.

https://en.wikipedia.org/wiki/List_of_states_with_nuclear_weapons#Statistics_and_force_configuration