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

[LUCKMCFLY]

It is a good time to start, see an increase similar to $ 712 to $ 6,033, although history does not repeat itself, I think there are conditions for them to be fulfilled, and to meet current circumstances.


Source: https://twitter.com/ChartsBtc/status/1189191490200690689

Reaching $ 10k is a very possible goal, it can soon be given ..

[1713281330]

1713281330

[1713281330]

1713281330

[Icygreen]

"I am satoshi"

or

Decentralised cash
Privacy, be your own bank
We are satoshi

Great ideas Mic!      This is also available.

[fillippone]

A very nice read on two concurrent proposal aiming at improving bitcoin privacy and fungibility

An Upcoming Protocol Improvement Could Massively Improve Bitcoin Privacy

The Schnorr proposal for Bitcoin is able to increase privacy and decrease costs for users who are taking advantage of multisignature security. Taproot is an improvement that enables greater smart contract functionality for Bitcoin without creating additional privacy issues.

Ok, what does it means?

“With this,” he said, “we break the biggest privacy problem in Bitcoin, that is that inputs can be linked to outputs. And when we have that, and we will very soon (hopefully), then I would say we have pretty damn good privacy in Bitcoin.”

[HairyMaclairy]

Oooh PDGP

[Last of the V8s]

Maybe you get to be a bit less baldy?
oh wait no
what is?

[Lambie Slayer]

https://twitter.com/realDonaldTrump/status/1189198697059553285

“Over in Europe and Japan they have NEGATIVE RATES. They get paid to borrow money. Don’t we have to follow our competitors?” @Varneyco  Yes we do. The Fed doesn’t have a clue! We have unlimited potential, only held back by the Federal Reserve. But we are winning anyway!"

Sitting President just retweeted we should have negative interest rates. Its time to stop thinking of the run to 100k and just accept the fact that this Bull Run may not end till we get to 1 million.

Isn 't the whole BTC story about being disconnected from the funny fiat?

Never has been. Once you conquer your enemies you enslave them.

https://www.youtube.com/watch?v=6PQ6335puOc

Conan will tell you what is best in life and what to do with nocoiners.

[HairyMaclairy]

[Hueristic]

You don't see this every day, Gitlab backed down and apologized for attempting to add telemetry.

https://gitlab.com/gitlab-com/www-gitlab-com/issues/5672

Dear GitLab users and customers,

On October 23, we sent an email entitled “Important Updates to our Terms of Service and Telemetry Services” announcing upcoming changes. Based on considerable feedback from our customers, users, and the broader community, we reversed course the next day and removed those changes before they went into effect. Further, GitLab will commit to not implementing telemetry in our products that sends usage data to a third-party product analytics service. This clearly struck a nerve with our community and I apologize for this mistake.

So, what happened? In an effort to improve our user experience, we decided to implement user behavior tracking with both first and third-party technology. Clearly, our evaluation and communication processes for rolling out a change like this were lacking and we need to improve those processes. But that’s not the main thing we did wrong.

Our main mistake was that we did not live up to our own core value of collaboration by including our users, contributors, and customers in the strategy discussion and, for that, I am truly sorry. It shouldn’t have surprised us that you have strong feelings about opt-in/opt-out decisions, first versus third-party tracking, data protection, security, deployment flexibility and many other topics, and we should have listened first.

So, where do we go from here? The first step is a retrospective that is happening on October 29 to document what went wrong. We are reaching out to customers who expressed concerns and collecting feedback from users and the wider community. We will put together a new proposal for improving the user experience and share it for feedback. We made a mistake by not collaborating, so now we will take as much time as needed to make sure we get this right. You can be part of the collaboration by posting comments in this issue: https://gitlab.com/gitlab-com/www-gitlab-com/issues/5672. If you are a customer, you may also reach out to your GitLab representative if you have additional feedback.

I am glad you hold GitLab to a higher standard. If we are going to be transparent and collaborative, we need to do it consistently and learn from our mistakes.

Sincerely,
Sid Sijbrandij
Co-Founder and CEO
GitLab


==============================================
You are receiving this email because you have an active repository on GitLab.com

Unsubscribe ********.com from this list:
https://gitlab.us3.list-manage.com/unsubscribe

Our mailing address is:
GitLab
268 Bush St # 250
San Francisco, CA 94104-3503
USA

Forward this email to a friend:

So I've been mucking around with an embroidery machine for the last week and what initially was an effort to produce a BTC logo for my hat has become much more.  I created these with the WO members in mind and I've thoroughly enjoyed the crafting time. I'd like to share these with all of you if you'll have them. Yes, for free.

Most are ready to go patches for sew on or glue on.
The plain BTC logos in the bottom image (upper left side) are on a tear away backing that leaves only the BTC after applying. Some are on on cotton that can be cut away.

Please PM or email me an address and you're welcome to choose any patch you like, (first come, first serve)
If you'd like to preserve your opsec, set up a burner email address and send only the shipping address where you'd like to receive.  wallobserver@protonmail.com
I'll choose a design at random if none is specified. Size reference, the large patches in the center are 4 inches round 10cm.

I'll likely do more in the future and I'm open to trying or personalizing your design. Let me know your ideas.
Enjoy




 

Thats great work and I'm sure we all appreciate the offer. +sM when I can.

[Negotiation]

2017: "Bitcoin is defined by the most proof of work chain"
2018: "Uh, the real Bitcoin is the one that abides by the original economic code"
2019: "SATOSHI'S VISION IS GOVERNMENT FRIENDLY AND ANARCHISTS WILL BE SUED INTO OBLIVION"

Source: https://twitter.com/lopp/status/1189175280583270402

[Searing]

https://twitter.com/realDonaldTrump/status/1189198697059553285

“Over in Europe and Japan they have NEGATIVE RATES. They get paid to borrow money. Don’t we have to follow our competitors?” @Varneyco  Yes we do. The Fed doesn’t have a clue! We have unlimited potential, only held back by the Federal Reserve. But we are winning anyway!"

Sitting President just retweeted we should have negative interest rates. Its time to stop thinking of the run to 100k and just accept the fact that this Bull Run may not end till we get to 1 million.

I literally sided' ed my house and new windows (last 3 sides) and enclosed my porch on a hedge from, what I see, of the next recession! (20% recession...I expect 40%

downturn this next recession). Out of my Traditional investments thru broker and retirement stuff, as a pre-emptive hedge on this view.

I have heard that instead of the 2-7 year recovery from past recession experts are now saying 7-12 years. So I paid for the first 1/2 at the last ATH on my traditional

investments and stocks etc and I'll pay the rest as it is done this week on this week's ATH of traditional investments and be all caught up, at ATH withdrawals on this.

On the other hand in full HODL mode on Bitcoin Hoard, this is my frigging HARD as a 40% recession viewpoint, to take some cream off the top.

So no debts, newer truck *72k miles*, the house is done as far as last major projects go, and paid off also. I'm as prepared as I can expect today.

Big ASIC mining at home done a while back, Big Data Hall ASIC mining done this year, hmmmm...

Now, what the hell am I gonna do for coping mechanisms? Start canning goods and build a bunker?

hmmmm......

it's quiet,... it's too quiet....(freaking myself out here...got to where I need to be....need some new goals I guess, besides HODL mode...)

But anyway, we will see, but again, I think we are gonna be in for a doozy of a recession, about 40% downturn at least, thus my ducks are in a row

but how about you?

Last time I was this bored...I decided to put up the old bbs/game server and pay $75 in electric for the fun of such again...and instead drifted into a

2013 KNC ASIC Jupiter BTC Miner instead. Now if I can just pull something out of my 'boredom' hat again! (That is damn unlikely).

Anyway, calling it a win and moving on to something else..not sure what...but Trump Administration and such has put me at the points above and

solidified full HODL mode on Bitcoin Hoard. So we will see I guess.

"The needs must, when the Devil drives....."

Brad

[alevlaslo]

China Launches Blockchain Push Growing Country’s Worrying Influence Over Cryptocurrency
Posted by Justin Szilard | Oct 29, 2019 | News |     

China Launches Blockchain Push Growing Country’s Worrying Influence Over Cryptocurrency
China has embarked on a pro-blockchain push and is making moves towards creating state sanctioned cryptocurrency and blockchain solutions a reality in the country.

Last week, Chinese President Xi Jinping made a speech about wanting to invest more into blockchain and cryptocurrency technology. The Standing Committee of the 13th National People’s Congress then backed this speech with a new law that while not mentioning cryptocurrency directly, “encourages and supports the research and application of the science and technology in cryptography and protects the intellectual property rights in cryptography”.


Boxmining
@boxmining
Well its official. China Announces digital currency "DECP" https://youtu.be/MoSv7bc9QjE  https://twitter.com/blockjournal/status/1188797999901597697 …

 B🎃🎃Tube ‎@YouTube

Block Journal
@blockjournal
🇨🇳 BREAKING: China to launch digital currency “DCEP”

According to this video (to be confirmed), Chinese Central Bank will launch digital currency called DCEP. To be tested and onboarded with commercial banks first.

More on this story soon.

Embedded video
76
7:27 PM - Oct 28, 2019
Twitter Ads info and privacy
30 people are talking about this
Additionally, the Chinese Communist Party’s Propaganda Office also recently implemented “The Heart of the Chain” so party members can record their pledge to the communist party on the blockchain as an ‘”initial heart”. Further, Twitter rumors show that Chinese officials announced their state cryptocurrency, DCEP, which has been in the works for years.
Centralizing cryptocurrency around China

Cryptocurrency is not new to China as the country has had a flurry of activity that they cracked down on during the 2017 price surge, however recent developments may further centralize the industry around the country. The announcement of Facebook’s Libra reportedly accelerated China’s focus on developing its own cryptocurrency. However, the government wants to ensure that their state sanctioned cryptocurrency only has “controllable anonymity” and that the state can see whatever it wants to see relative to a person’s transactions. It can be argued that a state cryptocurrency in China would even allow less privacy than current methods since Chinese can only “officially” monitor money flowing through the banking system and have to work with private companies to monitor mobile payments that never leave apps such as Alipay and WeChat Pay. Cryptocurrency created by the Chinese government would most likely ensure that the government can easily view the history of as many addresses as possible and link them to a personal identity.

Additionally, there is growing risk in even the open-source cryptocurrency sector, especially for Bitcoin, that growing mining centralization within China may risk the security of the network due to potential geopolitical actions. Half of Bitcoin’s mining hashrate comes from just 4 mining pools and “[a]s of June 2018, over 80% of Bitcoin mining is performed by six mining pools, and five of those six pools are managed by individuals or organizations located in China”, according to research from Princeton University and Florida International University. This heavy centralization of critical network infrastructure within a single and oftentimes hostile jurisdiction, combined with the fact that Bitcoin has a low difficulty adjustment at every 2,016 blocks, can cause further disruptions to the chain beyond just a lower hashrate that increases security vulnerabilities. As recently seen in the Bitcoin Cash mining issue, the network swung from producing blocks too rapidly to going hours without producing a single block.

Dash mitigates centralization risks

While still claiming a majority of its mining infrastructure within the country, Dash may be more resistant to the heavy influence China has on cryptocurrency than many competitors. Dash employs both miners and masternodes to secure the network thanks to ChainLocks, which leverages the masternode network to lock in the first seen block on the network, preventing it from being reversed, even in the event of an attempted 51% mining attack. Additionally, Dash’s infrastructure is spread more evenly around the world, with a slight majority of mining power in China while the large majority of masternodes, while owned and operated from all over the world, hosted in western Europe and North America. This significantly reduces the risk of a single jurisdiction, or a collection of allied powers, temporarily disrupting the network by compelling mining pool operators or masternode hosting providers to act against their best interests. Finally, Dash’s Dark Gravity Wave adjusts the mining difficulty every block, better ensuring that Dash is less vulnerable to disruption from rapid changes in hashrate, and therefore the various geopolitical occurrences that may lead to hashrate changes.

https://dashnews.org/china-launches-blockchain-push-growing-countrys-worrying-influence-over-cryptocurrency/

[JayJuanGee]

Please do not let this get out but if there is anything I fear as a capitalist, libertarian, anti government free radical is the possibility of all of the liberals and governments buying all of my bitcoins.

I wake up nightly fearing that this may happen. What if they get all of the bitcoin? Then we are all doomed and you all know it. Fiat will win. Game over.

Do not let "them" know this dark secret. It would devastate us all and they would walk away the victors. At that point I would surely need to admit that communism is the best and Karl Marx is a genius.

Governments attempting to buy all of the bitcoins remains the wetdream for anyone holding bitcoins.

There is no way that they can buy all of the bitcoins, and it would just cause the BTC price to go up exponentially and in an out of control manner.

When I have been reading about the supposed fears of the government buying all of the bitcoin as some kind of supposed meaningful threat vector, I just consider it as a kind of weak attempt at reverse psychology. 

Governments are not going to buy anything that they can reasonably attempt to steal from us.  So in that regard, each of us has a responsibility to take meaningful attempts at protecting both privacy and fungibility so that they do not rob us from our bitcoins in any kind of meaningful or systematic way

[JayJuanGee]

https://twitter.com/realDonaldTrump/status/1189198697059553285

“Over in Europe and Japan they have NEGATIVE RATES. They get paid to borrow money. Don’t we have to follow our competitors?” @Varneyco  Yes we do. The Fed doesn’t have a clue! We have unlimited potential, only held back by the Federal Reserve. But we are winning anyway!"

Sitting President just retweeted we should have negative interest rates. Its time to stop thinking of the run to 100k and just accept the fact that this Bull Run may not end till we get to 1 million.

I literally sided' ed my house and new windows (last 3 sides) and enclosed my porch on a hedge from, what I see, of the next recession! (20% recession...I expect 40%

downturn this next recession). Out of my Traditional investments thru broker and retirement stuff, as a pre-emptive hedge on this view.

I have heard that instead of the 2-7 year recovery from past recession experts are now saying 7-12 years. So I paid for the first 1/2 at the last ATH on my traditional

investments and stocks etc and I'll pay the rest as it is done this week on this week's ATH of traditional investments and be all caught up, at ATH withdrawals on this.

On the other hand in full HODL mode on Bitcoin Hoard, this is my frigging HARD as a 40% recession viewpoint, to take some cream off the top.

So no debts, newer truck *72k miles*, the house is done as far as last major projects go, and paid off also. I'm as prepared as I can expect today.

Big ASIC mining at home done a while back, Big Data Hall ASIC mining done this year, hmmmm...

Now, what the hell am I gonna do for coping mechanisms? Start canning goods and build a bunker?

hmmmm......

it's quiet,... it's too quiet....(freaking myself out here...got to where I need to be....need some new goals I guess, besides HODL mode...)

But anyway, we will see, but again, I think we are gonna be in for a doozy of a recession, about 40% downturn at least, thus my ducks are in a row

but how about you?

Last time I was this bored...I decided to put up the old bbs/game server and pay $75 in electric for the fun of such again...and instead drifted into a

2013 KNC ASIC Jupiter BTC Miner instead. Now if I can just pull something out of my 'boredom' hat again! (That is damn unlikely).

Anyway, calling it a win and moving on to something else..not sure what...but Trump Administration and such has put me at the points above and

solidified full HODL mode on Bitcoin Hoard. So we will see I guess.

"The needs must, when the Devil drives....."

Brad

Find someone that you can trust to watch your house and your stuff, and travel. 

It is not good to be bored, especially when you have enough money to get by and to live a better lifestyle through travel.

Take out a little bitcoin every few months at a time and travel, live it up, enjoy yourself and meet some nice young girls. hahahahaha

Maybe budget about 3 trips per year would be enough for you, since you seem to be a bit of a homebody.  Nojudgement and nohomo.      Of course, if you are not sure about the whole travel thingie-ma-jiggie, just plan one to happen within the next 6-9 months, and then use that as a reference point for future planning, and then maybe 2-3 for the next 6-12 months, and then once you get a few trips under your belt, you might even be able to accomplish more than 3 per year.  Should take care of a decent amount of any bordom and also make sure that you spend your bitcoin in your old age rather than taking them to your grave.... no death wishing.   

[marcus_of_augustus]

Please do not let this get out but if there is anything I fear as a capitalist, libertarian, anti government free radical is the possibility of all of the liberals and governments buying all of my bitcoins.

I wake up nightly fearing that this may happen. What if they get all of the bitcoin? Then we are all doomed and you all know it. Fiat will win. Game over.

Do not let "them" know this dark secret. It would devastate us all and they would walk away the victors. At that point I would surely need to admit that communism is the best and Karl Marx is a genius.

... even if they bought up 'all' the coins, the commies would then lose the keys, for sure.

Incompetence and corruption are the inevitable fruits of communism/socialism's maligned incentives. Anyone left holding bitcoins would be enriched by every commie fuck-up ever after ... sounds good to me.

[soxxx]

Please do not let this get out but if there is anything I fear as a capitalist, libertarian, anti government free radical is the possibility of all of the liberals and governments buying all of my bitcoins.

I wake up nightly fearing that this may happen. What if they get all of the bitcoin? Then we are all doomed and you all know it. Fiat will win. Game over.

Do not let "them" know this dark secret. It would devastate us all and they would walk away the victors. At that point I would surely need to admit that communism is the best and Karl Marx is a genius.

Governments attempting to buy all of the bitcoins remains the wetdream for anyone holding bitcoins.

There is no way that they can buy all of the bitcoins, and it would just cause the BTC price to go up exponentially and in an out of control manner.

When I have been reading about the supposed fears of the government buying all of the bitcoin as some kind of supposed meaningful threat vector, I just consider it as a kind of weak attempt at reverse psychology. 

Governments are not going to buy anything that they can reasonably attempt to steal from us.  So in that regard, each of us has a responsibility to take meaningful attempts at protecting both privacy and fungibility so that they do not rob us from our bitcoins in any kind of meaningful or systematic way

I agree with this but on the flip side, if Governments dont buy up Bitcoin then they can end up severely behind if other countries decided to do so.

All it will take is one country to decide that they are going to buy up all the bitcoin they possibly can, and just inflate their own currency to no end to accumulate Bitcoin. This will force other countries to do the same. Now the first country to do it will be holding a lot of Bitcoin which will be a real threat to any other country who isn't accumulating Bitcoin. This first country could also then sell its Bitcoin to the other countries for their currency and could potentially enrich themselves by holding both Bitcoin and other fiat at a gain.

This is why you must hold on for dear life, pat yourself on the back that you are investing in this perceived "risky" asset when the rest of the world is scared to do so. We are so lucky, Bitcoin is the endgame for all value, it is the black hole; fiat currencies have no chance against it and fiat will only be bitcoin rocket fuel. The more fiat that gets printed, the higher Bitcoin will continue to go.

[jojo69]

I can not believe I am reading this retardation, Elwar was engaging in SATIRE you fucking dorks


jesus

[JayJuanGee]

Please do not let this get out but if there is anything I fear as a capitalist, libertarian, anti government free radical is the possibility of all of the liberals and governments buying all of my bitcoins.

I wake up nightly fearing that this may happen. What if they get all of the bitcoin? Then we are all doomed and you all know it. Fiat will win. Game over.

Do not let "them" know this dark secret. It would devastate us all and they would walk away the victors. At that point I would surely need to admit that communism is the best and Karl Marx is a genius.

Governments attempting to buy all of the bitcoins remains the wetdream for anyone holding bitcoins.

There is no way that they can buy all of the bitcoins, and it would just cause the BTC price to go up exponentially and in an out of control manner.

When I have been reading about the supposed fears of the government buying all of the bitcoin as some kind of supposed meaningful threat vector, I just consider it as a kind of weak attempt at reverse psychology. 

Governments are not going to buy anything that they can reasonably attempt to steal from us.  So in that regard, each of us has a responsibility to take meaningful attempts at protecting both privacy and fungibility so that they do not rob us from our bitcoins in any kind of meaningful or systematic way

I agree with this but on the flip side, if Governments dont buy up Bitcoin then they can end up severely behind if other countries decided to do so.

All it will take is one country to decide that they are going to buy up all the bitcoin they possibly can, and just inflate their own currency to no end to accumulate Bitcoin.

Well, surely game theory suggests that countries will begin to do this at some point.  It is just a matter of when and likely to be on the downlow.

Secretly buying up as many bitcoin as feasible and buying ALL of the bitcoin are two vastly differing scenarios.

This will force other countries to do the same.

Of course.  Game theory suggests this is quite likely to happen.  It's just a matter of when (and likely also a matter of bitcoin not breaking).

Now the first country to do it will be holding a lot of Bitcoin which will be a real threat to any other country who isn't accumulating Bitcoin. This first country could also then sell its Bitcoin to the other countries for their currency and could potentially enrich themselves by holding both Bitcoin and other fiat at a gain.

Agreed.  All likely to happen.

This is why you must hold on for dear life, pat yourself on the back that you are investing in this perceived "risky" asset when the rest of the world is scared to do so.

Oh yeah, for sure.  We are all likely way the fuck early to the game and we have been accumulating at relatively low prices, and that is part of the reason why there is NO real need for any of us to engage in irresponsible behavior by attempting to act too greedy and to put our own lil selfies in financial difficulties because we have over-leveraged into bitcoin. 

In other words, bitcoin seems to remain to be such an asymmetrical bet that none of us have to kill our lil selfies in the way that we invest in order to profit stupendously on a personal level from our having had invested in bitcoin and continue to invest in bitcoin at whatever level is feasible and prudent for ourselves.  In other words, mere normal, prudent and perhaps slightly aggressive (without gambling too much) levels of investment into bitcoin will likely pay off with considerable riches.

We are so lucky, Bitcoin is the endgame for all value, it is the black hole; fiat currencies have no chance against it and fiat will only be bitcoin rocket fuel. The more fiat that gets printed, the higher Bitcoin will continue to go.

No argument or elaboration from me there, except just acknowledging:  Well said.   

[JayJuanGee]

I can not believe I am reading this retardation, Elwar was engaging in SATIRE you fucking dorks

jesus

Yeah.. we are all retarded, and you are the smartest person (or would it be only smart person) in the whole wide world...

 

   



   (I am laughing so hard because I am kind-a retarded)

[mindrust]

October ends in a day and a half and it doesn't look like we are going to reach $16k any time soon. (by soon I mean in a week) Maybe it will be different in November. We may try 8k one more time. Hopefully this will be the last time.

[JSRAW]

@V8, @LFC first cricket world cup then manage to draw the Ashes and now ready for Rugby world cup? looks fruitful year for England only drawback is Brexit got delay.

There's certainly plenty going on to distract the average Briton from the real issue - socialism must be put to bed by hard money and corresponding individual sovereignty.

Comforting lies are easy to swallow...