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

[JayJuanGee]

Kenzawak is a strange case.... cause I think we all liked him a lot as a fellow member, and if he was hacked or whatever and really couldn’t solve the problem then he always could (not very fun) create a new account and I think members of the WO would easily help him out merit a bit more often etc en help him build his account back up.... though it is very pity cause he was an very cool dude  

For toxic, I think jojo has some talking with him from time to time and said his alright (if I’m right)

But I would like to see some toxic charts again

Also Bones261 is long time no seen in the WO.....

kenzawak was a cool guy but he fucked up a few times sharing too much personal info.
I remember him posting a couple of screenshots that literally had his name in a minimised browser tab & his email.

I hope he’s OK but he was very lapse with his OpSec.
He was obviously a sitting duck to hackers.

Edit - Forgot about bones -
Last Active: November 10, 2019, 08:31:08 PM
https://bitcointalk.org/index.php?action=profile;u=452769

Also, hope he’s ok too!

There had been some theories about kenzawak being an "inside job," so how can we know for sure?

What I am saying is that we do not know members well enough to know if they are engaging in faulty opsec on purpose or if they were a victim.

In the end, really difficult to know these things.

[1714795104]

1714795104

[1714795104]

1714795104

[mindrust]

I am not in the debate mood. I leave you to JJG.

Imma sleepy.

I am sure when I wake up in the morning I'll see at least 5 new WO pages.

Fuck the governments, good night.

[LFC_Bitcoin]

There had been some theories about kenzawak being an "inside job," so how can we know for sure?

What I am saying is that we do not know members well enough to know if they are engaging in faulty opsec on purpose or if they were a victim.

In the end, really difficult to know these things.

Yeah I guess it’s important to keep some cards close to your chest. You can let some things slip, OpSec wise but always good to keep your guard up.

[bitserve]

I love sideways/consolidation after a pump. This is fine.

[dragonvslinux]

That's my bullish input for all you moon boys anyway.

Not going to win too many friends in these parts by referring to peeps here (and assumingly HODLers and accumulators) as moon boys.  But, hey, do what you feel that you must.

Sorry, that BTC prices are moving against your anticipations  ...... Not really.

It's ok I'm not looking for friends, just to learn from others  You're right, it did go against how I anticipated though, not going to deny that 
Lucky I didn't get rekt™ shorting really. Didn't realise moon boys was offensive though, I thought anyone who believes a $100K BTC is possible in the near future was a moon boy by default. We're all moon boys? Maybe men still get offended by being called boys I dunno, I forget to keep check of these things.
Maybe moon men would be more appropriate, but doesn't have the ring to it.

 “I like offending people, because I think people who get offended should be offended.”
― Linus Torvalds
 
 Fuckin' Fins!   Here's a hat




 avatar-sized

 


edit: No offense intended toward the offensible Fins 

Legend! Just put this on, waiting to see how it looks  Joining the WO hat family thanks to xhomerx10 
PS - JayJuanGee, will respond to you properly as appreciated your response, was meant to merit your post but hat to merit the hat 

[DaRude]

The document produced by Craig is simply a list of 16,404 addresses. Craig, however, did not provide any information on the bounded courier, the company he/she worked for, when he/she came, or the message delivered.

https://www.courtlistener.com/recap/gov.uscourts.flsd.521536/gov.uscourts.flsd.521536.377.0.pdf

  now he's just trolling the court! Lets see them addresses!

Shortly after Judge Reinhart issued this Order, on September 11, 2019, the parties reached
an agreement in principle to settle the case. Discovery was abated for nearly two months as the
parties worked together to document their agreement. Then, on October 30, and without warning,
Plaintiffs were informed Craig could no longer finance the settlement, and that he was terminating
the settlement efforts.


...no shit

yep tl;dr
Faketoshi-let's settle i got this dude with big pockets
Kleiman-OK
Ayre-Ohh i wanted to settle but i investigated and found out that CSW is already my little bitch and i already own everything, oops silly me. good luck collecting on 50% of $0, i'm out
Kleiman-WTF you think we're idiots!?! Then lets drag you and nChain into the case, and see what Judge has to say about all this
Ayre-pooping his pants, and thinking how much more it'll cost him to settle

I was NOT negotiating a settlement as I am not a party to the case...I was investigating the potential to buy the assets of the estate.

-Calvin Ayre @ https://twitter.com/calvinayre/status/1191324328278863872

In August, a Florida magistrate issued a non-binding statement that Kleiman’s estate was entitled to 50% of the Bitcoin (BTC) mined by the Wright & Kleiman “partnership” up to December 31, 2013, as well as 50% of any intellectual property (IP) co-developed by Wright & Kleiman prior to Kleiman’s death in April 2013. There is no actual evidence of a partnership that could be found by lawyers researching on behalf of Ayre.

Following the statement, Ayre commenced good-faith negotiations to acquire the Kleiman estate based on public disclosures that the estate held valuable IP under U.S. law. Ayre’s attorneys have since determined that all of the IP claimed by the estate was created following Dave’s death and thus lies outside the scope of the non-binding statement.

Of the IP in question, Ayre’s attorneys concluded that the only IP on which Kleiman collaborated with Wright was the original Bitcoin code, which was released to the world as open source software in 2009.

-Calvin Ayre's blog @ https://coingeek.com/calvin-ayre-passes-on-buying-dave-kleiman-estate-because-it-holds-no-assets/

...revealed the extent to which nChain’s Chairman
Stefan Matthews and nChain investor Calvin Ayre participated in facilitating Craig’s unlawful
taking of, and capitalizing on, W&K’s (and Dave Kleiman’s) intellectual property. 4 They have
also revealed that Nchain has acquired, with full knowledge of Plaintiffs potential claims, much of
the IP at issue in this case. Furthermore, new documents produced in mid-December 2019 show
that Craig signed a power of attorney agreement in August 2016 that gave nChain the power to
“take any steps or do any thing” that nChain “in its absolute discretion considers desirable in
connection with” the IP nChain purchased from Craig, including controlling any litigation over
the intellectual property at issue in this case.

Everyone knows that CSW is broke and is on Ayre's life support, CSW has no private keys so best Kleiman's lawyers can hope for is to annoy Ayre and nChain enough to at least get some settlement.

[JayJuanGee]

LoL

So Ball tempering is not @bitserve's trade mark.....

... or Bawb's, official founder of BTC  (Ball Training Club).

In other words, titanium plates remain the original, and perfume and other spray inducements are inferior and lame imitation attempts. 

Not the first time that we have heard of those snake oil salesmen techniques in the bitcoin space.   

[Cryptotourist]

I'm ready.

Warning - while you were typing 293 new replies have been posted. You may wish to review your post.

[Basorexia]

Guys, what do you think about Bitcoin? I am considering zone 9000 to enter a short position.

[JayJuanGee]

I added Bitcoin Dominance and BTC/USD pair in same graph for last 1 year. And last few days looks kinda different comparing to before. Like glines were more or less parallel mostly, But after the last jump over 8k usd, dominance went to downtrending.

Does that graph inform you about what to do next?

Are you going to use "bitcoin dominance" as some kind of indicator to inform you what to do in terms of your accumulation of bitcoin or your HODL strategy or even if you are going to sell?

or are you considering shitcoins?  Does that indicator tell you something about shit coins?

By the way, do you happen to know what has happened in the last week or so in terms of bitcoin and some of the purportedly BIGGER shitcoins?  If you do, then that the changes in that "bitcoin dominance" metric should tell you a lot about how such metric is gamed by coins that have little to no liquidity but for some reason they are holding some kind of value, as if they had some kind of value beyond a way to scam folks out of their money, an attack vector towards bitcoin or perhaps placing weather/earthquake data therein.

[El duderino_]

Observing profit taking. Gut says no Vegeta today.

But are you wearing your glasses today?

[El duderino_]

Guys, what do you think about Bitcoin? I am considering zone 9000 to enter a short position.

Most of us DCA, not to many doing the shorting business I think, only the pro’s maybe 

[Raja_MBZ]

Seems like the scam pump got dumped at $420.

[bitserve]

Guys, what do you think about Bitcoin? I am considering zone 9000 to enter a short position.

My opinion: If you really want to short Bitcoin around $9000 it is because you think it will not break it. If that's the case you should better short it right now which is already close enough to $9000. Once it reaches $9000 it will probably break and overshoot it. Or wait to see where it does stop after $9K and short it there.

That being said, I would advise against shorting it at this time as there is more potential on the upside than in the downside (possible retest and bounce on $8.5).

[BitcoinGirl.Club]

<snip>

Sorry bro our work department is different so its normal (don't blame yourself) and i would be very surprise if in this bitcointalk forum someone able to match my configurations unless s-he works in blizzard or pixar and i hope you believe me but i hate to say,  the only guy i think who can come close in "our beloved roachie" if he's true to his words...

Okay so you are talking about your high config system that you use for 3D designs?
Damn man!
I use this computer only for browsing LOL

By the way, nice profession that you have. Are you working under any company or on your own?

<snip>

Currency system...

[El duderino_]

Observed sh*tcoin flip, flap, floppenings

[BitcoinGirl.Club]

Observed sh*tcoin flip, flap, floppenings

WO only observes bitcoins 😉

Bed time soon and still I do not see Vegeta 😡

[jojo69]

Guys, what do you think about Bitcoin? I am considering zone 9000 to enter a short position.

doooooo it

do not miss this opportunity

[dragonvslinux]

Guys, what do you think about Bitcoin? I am considering zone 9000 to enter a short position.

Most of us DCA, not to many doing the shorting business I think, only the pro’s maybe  

Don't forget about the majority of noobs that get rekt™ in order to make the profit for others.

Guys, what do you think about Bitcoin? I am considering zone 9000 to enter a short position.

9K sounds like a random rekt™ level. The 200 Day MA is around 9.1K for starters, if we break above the current highs, we'll probably go there...
As someone else said though, put on your money on 100x no stop loss and just hope for the best, that's what most people do.
Helpful leverage trading video: https://www.youtube.com/watch?v=QvZ7K_0_SiY

[JayJuanGee]

Stock-to-flow model.

"Stock to flow" does not apply to Ponzi scams.  I don't know if any of you noobs understand economics at all - and I wasn't there to personally witness the event or personally audit all the bookkeeping - but the great depression involved a liquidity deficit.  Some claim it was an engineered depression by the banks, others claim it's not; who knows, that doesn't matter for this discussion.  What matters is that if Bitcoin was actually the unit of account of anything (I.E. the world reserve currency and everything is priced in Bitcoin), the halving itself is a liquidity implosion similar to the great depression.

With Bitcoin not being the unit of account of anything it doesn't really matter because it just functions as a meaningless pump and dump scam, but if you actually tried to price everything in the world in Bitcoin it would be laughable. What type of "monetary system" do you know of where every vendor on the planet needs to massively adjust all their prices every four years?  None exists because anything with such stupid mechanics always dies because anything operating with such dynamics is a Ponzi scam.  The purpose of a monetary unit is to provide price stability, not be unstable by default.

In terms of having an actual functioning economic system, the 'halving' is a monetary crisis, not some sort of benefit.  The only people who view it as beneficial are pump and dump scammers hoping it allows them to make money off algorithmically designed, large volatility.  If Bitcoin was designed to actually be useful as a unit of account for something instead of a Ponzi scam, the block reward would be static eternally.  The government creators of Bitcoin who want it to function as a cashless society slavery system where everything you do is monitored in real-time knew it would be impossible to try and get anyone to use Bitcoin with an infinite, static block reward over metals, so they designed it as a get rich quick scheme, Ponzi scam to later be adjusted or replaced when it eventually fails due to having no use case beyond a pump and dump scam.

Thank you very much for your realr0ach point of view,

I respect his way of thinking about these scenarios, historically gold is always the best way out of the crisis, Bitcoin is undoubted protagonist today, in my case, I give much importance to both the investment and the refuge of the value that It represents, although many economists do not recommend it because it is volatile.

For those of us who can handle the volatility of BTC (and possible perceived risks of an investment/speculation we do not fully understand), BTC is a great piece of diversification.  

I hodl enough BTC so that if it moons in price, I benefit nicely.  But, I am not the kind of guy who likes putting too many single investment eggs into my basket.  Especially now that I am aging (older than most of you).

Do recall that anyone hodling ANY BTC already is way ahead of the game, as so few (6% of Americans?, though that seems way high to me) hodl any BTC.  Thus, should it moon (an excellent probability, IMO, of it doing so), only we 6% will be winners.  I do not need to be a #YugeWinner to be content with entering this arena (nor a #YugeLoser should BTC collapse).  My hodlings are enough to bring me a Big Smile should we exceed BTC's ATH.  Bring it.

As our European friend "el_duderino" has long written: "This is fine" and "This is HODL".

*   *   *

I still do not understand the antipathy of BTC hodlers to gold.  (Of course, you can see the opposite too, look zerohedge FUD-ers)

Gold and BTC are, in essence, both assets outside the $IMFS (our financial system).  But they are somewhat different in their price movements as well as their various other properties.  They are different "vectors" if you will.  That's why I like them both!  

Precious metals and BTC are natural and complementary allies.
Edited for clarity

Of course, each person is free to make his/her own choice regarding how much allocation to put into gold, and maybe some of the antipathy of BTC HODLers towards gold comes partly from gold bugs denigrating BTC and even putting out a lot of bullshit arguments, including the repeated WEAK-ASS intrinsic value and supposed utility (jewelry, industrial use, etc) arguments (which really are not much for giving greater value to gold, but might instead be arguments that work against the current/future value of gold), and also BTC has shown superior performance as compared to gold in recent years, and likely to continue to be superior to gold into the near, medium and long term future under the vast array of most likely scenarios because BTC has a variety of properties that Gold does not have (or at least bitcoin does a few things better including portability, divisibility, verifiability, less need for third parties, difficulties to manipulate supply (referring to paper gold), scarcity and a few other less important better aspects)....

So, yeah, maybe BTC HODLers have become a bit cocky, and surely I don't want to be confrontational or insulting to the decisions of anyone who chooses to HOLD gold, so I am talking practically and attempting to be realistic rather than either talking my book or trying to denigrate anyone for their decisions to hold or allocate towards gold (that is their choice, even if it seems inferior as I just mentioned), but I doubt that such cockiness is completely unwarranted in BTC's likely present and future role as gold 2.0.   Yeah, bitcoin was modeled on gold in a lot of ways, so it even seemed that Satoshi had a lot of respect for the historical sound money contributions attempts of gold, while recognizing that gold had failed in a variety of ways, especially in recent times and going off gold standards and a lot of the out of control aspects of fiat money.

 Gold bugs do not like that bitcoin is likely replacing it, and yeah gold will likely still serve some roles in society, but bitcoin is coming in and likely to supplant a lot of the value of gold and the historical use cases of gold in the modern world.

Not trying to be denigrating at all, but surely seems to be that the direction of asset classes are evolving both bitcoin and PMs such as gold.  Of course, individually, you can chose your level of allocation and believe that gold might continue to decently hold some value.. it might and it might not.. that is just the way things are going and not hostility, and I really should not be repeating points that I already made in my post on the topic from yesterday.. so I will leave it there, for now.