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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 21577446 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (143 posts by 33 users deleted.)
HI-TEC99
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December 26, 2019, 03:31:08 AM


Reminds me of a unisex public toilet I once used. There was period blood on the seat, and the floor was covered in poo and urine.

 Sounds like it was from the Dada and Surrealism period; possibly a Salvador Dalí.  Tell me, did it look like this:

?


Yes.

They should have sold it for the same price the banana taped to the wall went for.
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December 26, 2019, 04:34:58 AM

Nothing worse than sitting around the xmas dinner table with the in-laws and having nothing to chat about where everyone is either dis-interested or bored with the conversation.
(ground rules...no devices allowed...understood?)
Oh dear ...what a sterile affair.
Hmmm..... should I bring up bitcoin?...definitely not... big no-no amongst no coiners. (amongst anyone for that matter, unless they bring it up 1st)
OK, how about what's new at work? Fuhgeddaboudit...CNC talk amongst normal folk?  BORING.
Ah.... how about talking about the kids?.... Naaaah, no new parents here so that's all "been there, done that, got the teeshirt" stuff.

Hmmm..... lets see... I got cats...in-laws are doggie people...Ahha, I got it...how about PET TALK...   BINGO.

Cat stories ,doggie stories, drinking wine and laughs...all good.   LOL, Merry Xmas...

it was a fanny

Um...could you elaborate? Something went whoosh...

I've found the best avoidance to this scenario is a planned vacation far away from everyone over the holidays. Just simply call the ones you need to on Christmas and claim you'd like to be there but distance and such. Has worked out really well for me the past decade plus more meaningful conversations tend to happen over the phone.
If that's not an option, there's always drugs.  Wink
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December 26, 2019, 04:55:07 AM

This makes perfect sense. Shillers not disclosing the compensation they received for promoting Shitcoins.

Quote
I'm guessing the YouTube crypto crackdown has to do with potential violations of Securities Act § 17(b), the "anti-touting" provision, which requires promoters of securities to disclose any compensation they received for their promotion. I'm surprised it took this long, honestly.
source: https://twitter.com/jchervinsky/status/1209956911547736064
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December 26, 2019, 05:17:17 AM

The bolivar disagrees.

And it's approaching its production cost indeed.

Pretty sure it's way below it's production cost.  

The value of a currency is zero because it's not a real resource or commodity.  If you were valuing the paper itself as a commodity, the cost of a sheet of paper is supposedly six cents (sounds high but what people claim). You could fit like 4 bills on a sheet of paper, so it would be more like 1.5 cents per bill.  They use more expensive materials for currency, so that would raise the commodity value of a Bolivar back up to like 3-5 cents or something.  

The problem is that valuing the paper as a commodity doesn't work since it's not blank and already has something written on it, so it's commodity value is back to zero again, or recycle value at best.  In that case, you're better off using literal white sheets of blank paper as money since it has a higher value.  But the Bolivar could still technically be used at recycle value too.  What's the true valuation of a Bitcoin as denominated by it's recycle value?...zero.
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December 26, 2019, 07:41:25 AM
Last edit: December 26, 2019, 08:01:32 AM by VB1001
Merited by fillippone (2)



Good morning WO,s

Too bad they have not developed more ingenuity in the ad..., at night, some snow and Christmas lights, this gif would be very beautiful.

edit:

Although it's 2015 I had never seen it, the full video is better than the gif:

https://www.youtube.com/watch?v=RDZu04v7_hc
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December 26, 2019, 08:36:52 AM
Merited by JayJuanGee (1), mindrust (1), VB1001 (1)

Difference is not irrelevant:

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December 26, 2019, 09:56:07 AM
Merited by El duderino_ (2)

Sold 25% is not no skin in the game. And did Elon ever take some profit along the way? Or what's the point.

So in summary I don't really get the massive difference.

I thought VB didn't have ETH and was sour TBH. That he has whale amounts was the bigger news for me.

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December 26, 2019, 10:03:53 AM
Merited by vapourminer (1), JimboToronto (1), Dunkelheit667 (1), El duderino_ (1), JSRAW (1)

Call me naive, but I don't think Elon Musk is in it for the money. He's just having the time of his life, making his dreams come true and all that... I think his motivation is not so much wealth/profit, but more to innovate and make something new. I believe the world would benefit if there were more people like him out there...
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December 26, 2019, 10:05:21 AM
Merited by Cryptotourist (1)

via Imgflip Meme Generator
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December 26, 2019, 10:18:00 AM

So what’s up with the YouTube censoring BTC videos.... maybe it’s good cause to many sh*tty vids anyway, though some guys are on point ...... pity for them

I’ve been hearing the most crazy things like it’s not YouTube censoring them, but coordinated attacks etc Roll Eyes
So many BS these days, but guys like Ivan on Tech for example why would he be censored?? He doesn’t do anything wrong imo....
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December 26, 2019, 10:22:18 AM

Call me naive, but I don't think Elon Musk is in it for the money. He's just having the time of his life, making his dreams come true and all that... I think his motivation is not so much wealth/profit, but more to innovate and make something new. I believe the world would benefit if there were more people like him out there...
I think this is exactly what drives him.
I am ashamed to admit if I had the money he had when 24, I would have retired to some exotic places or relentlessly travelling the world.
He’s instead running two of the most disruptive firm in the world working 80 hours week.
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December 26, 2019, 10:32:54 AM
Merited by El duderino_ (2)

So what’s up with the YouTube censoring BTC videos.... maybe it’s good cause to many sh*tty vids anyway, though some guys are on point ...... pity for them

I’ve been hearing the most crazy things like it’s not YouTube censoring them, but coordinated attacks etc Roll Eyes
So many BS these days, but guys like Ivan on Tech for example why would he be censored?? He doesn’t do anything wrong imo....

I'm guessing the YouTube crypto crackdown has to do with potential violations of Securities Act § 17(b), the "anti-touting" provision, which requires promoters of securities to disclose any compensation they received for their promotion. I'm surprised it took this long, honestly.

maybe. but no one really knows yet
at the end of the comments people are saying 'bybit shills' and this has been suggested all over as well.
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December 26, 2019, 10:42:13 AM

Call me naive, but I don't think Elon Musk is in it for the money. He's just having the time of his life, making his dreams come true and all that... I think his motivation is not so much wealth/profit, but more to innovate and make something new. I believe the world would benefit if there were more people like him out there...
I think this is exactly what drives him.
I am ashamed to admit if I had the money he had when 24, I would have retired to some exotic places or relentlessly travelling the world.
He’s instead running two of the most disruptive firm in the world working 80 hours week.

A child's dream drives him, and his dream is to be the first one to Mars.
Well that, & that he's got everything else covered.
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December 26, 2019, 11:15:07 AM

I am ashamed to admit if I had the money he had when 24, I would have retired to some exotic places or relentlessly travelling the world.

The people that build the best stuff are the people who build things they themselves would want or use.  For me personally, I've never thought to myself "holy shit I wish I had spaceship to go to the extremely hostile environment of mars in an extremely slow manner and then probably die when I get there".  Maybe if Earth was populated by a few more Jews and noggers, but we haven't reached that point yet.  

I'd also have to be researching something faster or more efficient than a liquid or solid fuel rocket for it to be worthwhile.  Then you have to factor in tiny space debris being like an atomic bomb hitting you when going fast and you get to the point of needing something resembling a planet to strap rockets to in order to not insta die.  And then you realize you're already sitting on a giant spaceship traveling through space anyway.
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December 26, 2019, 11:27:19 AM
Last edit: December 26, 2019, 11:44:42 AM by realr0ach

Difference is not irrelevant:



There are only TWO important people in the history of digital shitcoins and Vitalik was not one of them:  Satoshi & Dan Larimer.  WHY Dan Larimer?  Because he's one of the few people who wasn't a complete idiot and knew transaction validators are designed to centralize so attempted to pre-ordain a fixed number.  His attempt (DPOS) ended up being nothing more than a replica of a republic system of government (not decentralized), but worked well as a case study for why creating a decentralized digital shitcoin is impossible after the obvious failure of decentralization of Bitcoin.

And before some absolute retard claims Bitcoin is decentralized, for the system to even work at all, anyone who wants Bitcoins is not supposed to buy them from an exchange or be forced to go through a single company complete monopoly in China (Bitmain) where every ASIC you buy just gives Bitmain 10 for themselves and further accelerates their monopoly.  You're supposed to mine them yourself if you want them, and everyone mining themselves is the only possible way decentralization can originate.  You need THOUSANDS of transaction validators to be decentralized, not 1-10 at any given time.  That's a complete fucking joke.

Vitalik probably read a r0ach post and figured out it's not even possible to create a decentralized digital shitcoin and did the only logical thing imaginable:

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December 26, 2019, 11:30:04 AM

I think this is exactly what drives him.
I am ashamed to admit if I had the money he had when 24, I would have retired to some exotic places or relentlessly travelling the world.
He’s instead running two of the most disruptive firm in the world working 80 hours week.


I’m not ashamed to admit that I would have retired too.

Some people need to be on the go all the time, it’s what keeps him relatively sane probably.
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December 26, 2019, 11:37:25 AM
Merited by LFC_Bitcoin (2)

Less and less for halving ..

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Were these halvings priced in?


Source: https://twitter.com/Bitcoin/status/1209521632261398528

If Bitcoin maintains the proportionate halving-on-halving  decline in gains (-68.68%), this means the next halving would "only be" 900% increase (31.31% of previous).
That's still a 10x from May 2020 until some unknown date in the future (that could also be proportionately estimated in fairness). I can deal with that   Grin
So unless we go down to $2K by May 2020 (that I highly doubt), then 10x to $20K, then the halving clearly isn't priced in.
Even an exponential decline in halving-on-halving gains would still be around 600-800% I imagine.
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December 26, 2019, 11:41:29 AM

Or alternatively we don’t even know they exist...
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December 26, 2019, 11:49:22 AM

Call me naive, but I don't think Elon Musk is in it for the money. He's just having the time of his life, making his dreams come true and all that... I think his motivation is not so much wealth/profit, but more to innovate and make something new. I believe the world would benefit if there were more people like him out there...
I think this is exactly what drives him.
I am ashamed to admit if I had the money he had when 24, I would have retired to some exotic places or relentlessly travelling the world.
He’s instead running two of the most disruptive firm in the world working 80 hours week.


@AlcoHoDL I think your absolutely right, Elon is one of those guys who wanna invent things I hope it’s because he wants to change things to improve the world etc But of-course as a smart person he could also wanna invent things to be acknowledged as one of the smartest person on the planet and always wanna prove himself by keep making new things....
Bottomline I think he’s not the person that only wanna enjoy his wealth but his mentally driven to keep working and performing for something and as you I just don’t think money is the main factor.....

@fillippone, no shame, many people would cash out there Idea for cash and e plots the world and it’s beauties .... absolutely no shame there——-> only a dream for most people of ever being able to gain that situation Cheesy
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December 26, 2019, 11:51:19 AM

So what’s up with the YouTube censoring BTC videos.... maybe it’s good cause to many sh*tty vids anyway, though some guys are on point ...... pity for them

I’ve been hearing the most crazy things like it’s not YouTube censoring them, but coordinated attacks etc Roll Eyes
So many BS these days, but guys like Ivan on Tech for example why would he be censored?? He doesn’t do anything wrong imo....

To be Honest, people are paying those Video making Clowns for absolute 0 Influence on the people, while we here laugh at the attempts and wait..

Good the WO didn’t invest in your awesome idea .... you would have been censored as well.... we lucky .....
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