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

[bkbirge]

And therein lies the problem they are manipulating the capped volume with their non backed derivatives artificially inflating the greatest advantage bitcoin has, its scarcity.

allowing shorting without actual purchase of a scarce resource at market price has the same effect as creating coins out of thin air, why the fuck does this fall on deaf ears?

Amen. Merit worthy and will do so when I'm replenished. Also been having that sentiment for years. I did not look on the derivative product creation for bitcoin as the net positive so many did and do, those same sharks that run rampant in the penny stock markets should never have been allowed to play their games in crypto.

[JayJuanGee]

Bitcoin, Gold are Not Rising Because of Major Market Manipulation

Researchers at the University of Sussex Business School’s CryptoMarketRisk project team tracked trades across the safe-haven markets since March 2020. The analysis led them to spot large sell orders on gold futures, a literal pump-and-dump on copper futures, and large spoofing orders on bitcoin derivative exchanges.

https://bitcoinist.com/bitcoin-gold-are-not-rising-because-of-major-market-manipulation/

Been saying this for years.

And its not like we weren't even warned.

https://www.coindesk.com/cme-groups-leo-melamed-well-tame-bitcoin

People just stuck their fingers in their ears and repeated nah nah nah.

Of course, third-party financial system status quo incumbents are going to put a decent amount of efforts and resources into manipulating bitcoin, and they are also going to create the impression that they can manipulate bitcoin in ways similar to the ways that they have historically manipulated the fuck out of gold, but bitcoin is not gold....

And therein lies the problem they are manipulating the capped volume with their non backed derivatives artificially inflating the greatest advantage bitcoin has, its scarcity.

allowing shorting without actual purchase of a scarce resource at market price has the same effect as creating coins out of thin air, why the fuck does this fall on deaf ears?


Sorry JJG, I only read the first paragraph.

Seems to me that I am making a slightly (or maybe not so slightly) different point than you had been making, Hueristic, and does not seem that my previous post on that point is so wordy or difficult to attempt to understand.  I even included a TLDR in that post, just for uie.

If you don't read the whole post, then likely you missed my attempt at making a different point than you, and you just ended up re-iterating the point that you had already made in your earlier post.

We both seem to agree that third-party financial system status quo incumbents are going to try to manipulate bitcoin just like they manipulate gold, and even though I am NOT proclaiming to know exactly how bitcoin's future is going to play out, in terms of the abilities of third-party financial system status quo incumbents to be successful in such bitcoin manipulation efforts, I am suggesting that bitcoin is going to cause third-party financial system status quo incumbents many more complicated challenges in terms of their ability to be successful in their manipulation efforts.

You, on the other hand, seem to be giving third-party financial system status quo incumbents a significantly higher likelihood to be successful in their manipulation efforts, even though you seem to clearly understand that bitcoin is a different kind of asset than gold - without me having to tell you such thing that you already seem to realize.

Hopefully, you will thank me later for repeating myself, here.      I doubt it.   

By the way, my 20k^-th post, here... I will take a few hours break from posting to reminisce - also, note that I seem to be catching up to ChartBuddy.  Just another 1,804 more posts, and ChartBuddy and me will be "even Steven," absent Richie_T firing ChartBuddy back up, just to spite me (trying some reverse psychology, here.. Don't tell Richie_T).

[xhomerx10]

At least the girl on the table is wearing pants. That is hygienic and helps to prevent the spread of disease.

Now, how the hell does the woman on the bed get an ass like that? Hyper-impressed.

 After an exhaustive search of awesome asses, I've concluded: speedskating.

[jojo69]

so it begins

[infofront]

Alright I am annoyed and saddened and really fucking tired. Also down to just one merit, but I will give it to the best youngster, newbie or kid who can write a decent - short will do fine - riposte to the kindergarten shit that is happening over here:

 https://bitcointalk.org/index.php?topic=5248291.msg54499261#msg54499261

Of course I have sympathy for our fallen ex-member mindrust who has gone back 5 years in his understanding of bitcoin, but please do your best to put cobra at least in his place, the beginners and help section.

Meh. Cobra just being edgy for the sake of presenting some edge. As is their wont.

When's the last time you honestly valued their opinions?

JJG should feel honored that they actually read his entire response though.

It was all fun and games until the WO unleashed JJG on Cobra.

And I see must of Cobra's posts there as a waste of space. He's repeating some of the same debunked nonsense that Peter Schiff and Co. have been repeating for years.

[VB1001]

https://bitcointalk.org/index.php?action=stats

JJG in the Top 10

[AlcoHoDL]

About French cuisine, I haven't tried much, I have the (probably wrong) impression that the portions are really small and it's all about style, looks, and accompanying wine, than it is about the actual food. Reading your comment, I will certainly give it a thorough test (taste?) drive the next time we go out dining.

When I was talking about French cuisine, I was talking about Classic French Cuisine, not that disgusting aberration called Nouvelle Cuisine.
___

Your impression is bang on for Nouvelle Cuisine. It's basically a scam perpetrated by restaurants to rip off their patrons. They start with the cheapest ingredients, calling them locally-grown and seasonal, reduce or completely omit more expensive ingredients like butter, cream, foie gras, veal, etc., and then reduce preparation time to save labor costs and kitchen overhead.

They don't take any care in presentation, Instead of carefully arranging foods according to shape and color, everything is piled up in a heap in the middle of the plate, leaving large areas of empty plate exposed. They may try to make up for it by quickly slapping on an inexpensive decoration or two, like a kiwi slice or a couple of un-chopped (more laziness) chives.

Portions are indeed ridiculously small. Even if they were properly arranged aesthetically, they might not fill the plate. Gotta make sure you have lots of room for overpriced desserts and those aforementioned overpriced wines.

It's all about maximizing profit.
___

The Classic French Cuisine I'm talking about is the cuisine of Marie-Antoine Careme and Auguste Escoffier, a time-honored  tradition developed over the centuries with the emphasis on creating the finest dishes, despite higher ingredient and preparation costs. It was the food of royalty and wealthy industrialists. Quality was the number one consideration.

Rich stocks were simmered from roasted veal knuckle bones with carefully selected vegetables and carefully matched herbs. Roux was cooked carefully to just the right color for the best flavor. Marinades were blended with care. Meticulous hand preparation was used to bone, stuff, glaze, and trim meats for presentation.

Foods were carefully laid out with careful consideration given not only to appearance but also to aroma and temperature. Sauces were not hidden underneath the meats to try to make the small portions look bigger, but served on top of them to preserve warmth and also to distill the essential oils of the garnishes directly to the diners' noses.  Garnishes were used primarily as aroma enhancers, not decorations. The foods themselves were used as decoration.

Portions were large enough that dinners often took hours to eat. Needless to say this was not conducive to maximizing restaurant profits. They needed fast food, whip it up fast, get 'em in and out the door fast. Thus Nouvelle Cuisine was born.
___

5 of the 9 great cuisines I listed had their roots in Classic French Cuisine.

Nouvelle Cuisine made its debut on the maiden flight of the Concorde. How fitting. Small portions, fast preparation, short meal time. Basically it's airline food.
___

Think about the difference between traditional English and French cooking:

The English boil all the flavor and nutrition out of food, throw away the flavorful, nutritious water and serve the washed out food.

The French boil all the flavor and nutrition out of the food, throw away the washed out food, and add the flavorful, nutritious water to more fresh flavorful, nutritious food and serve it.

Which will be more flavorful and nutritious?

Wow, Jimbo, thanks so much for the information. You certainly know your stuff when it comes to culinary matters!

Now I absolutely have to try a Classic French dish...

[bkbirge]

I believe that most of us are doing this from a "caring" place, and reminds me of this:

[JimboToronto]

Hahaha hilarious! Where's Bawb though? 

Further back in the line like the rest of us.

The ones in the pic are just the tip of the iceberg.

[LFC_Bitcoin]

After an exhaustive search of awesome asses, I've concluded: speedskating.

I see your efforts & I raise you multiple gold medal winning, world champion Jutta Leerdam, Dutch speedskater.

[Last of the V8s]

pfft. I bet I'm much faster than she is.

[infofront]

pfft. I bet I'm much faster than she is.

Nobody cares how fast she is. 

[serveria.com]

After an exhaustive search of awesome asses, I've concluded: speedskating.

I see your efforts & I raise you multiple gold medal winning, world champion Jutta Leerdam, Dutch speedskater.

Holy crap! How in the world that ice below and around her doesn't melt?  

OMG is that a cameltoe? 

[LFC_Bitcoin]

We’re going to have to ask the dutch guys about this girl. How did I not know about her before today

[Last of the V8s]

Oh you 'didn't know' oh I see I see I see. Despite https://tenor.com/view/jutta-leerdam-speed-skater-girl-olympics-cute-gif-17020618 doing the rounds for weeks now.

[dre1982]

We’re going to have to ask the dutch guys about this girl. How did I not know about her before today

Jutta 

[jojo69]

my pills

where are my pills

[xhomerx10]

After an exhaustive search of awesome asses, I've concluded: speedskating.

I see your efforts & I raise you multiple gold medal winning, world champion Jutta Leerdam, Dutch speedskater.

I fold.
 
 https://bestofcomicbooks.com/jutta-leerdam-hot-pictures/

[bitebits]

https://bitcointalk.org/index.php?action=stats

JJG in the Top 10

Demanding a word count.

[Arriemoller]

That report is probably ordered and paid for by some gun hating left wing group who would clutch at any straw to make gun ownership look bad.
I don't have the time to dig for the reports I'm referring to, but you all know that they are out there.

And what's "A major global report" anyway, how does it differ from "a minor local report".

The paper appears to have been published in JAMA, Journal of the American Medical Association.
https://jamanetwork.com/journals/jama/fullarticle/2698492

JAMA currently has an Impact Factor of 51.3 (whoah!). For comparison, Science is 40, and Nature is 43. In order to maintain that kind of factor they have to publish pretty well peer-reviewed stuff.

So please stop it with the "you all know that they are out there" and either post peer reviewed facts or concede. Reality exists man, I really recommend living by it even when it is at odds with your person opinions/beliefs (as I did with the whole 140mph being safe thing).

(Note: A totally fair argument would be "I don't give a fuck if people die, I want my guns!". Use that instead if that's what you really mean)

A major global report confirms gun-related homicides, suicides and accidents are falling in Australia after the introduction of anti-gun laws, and that the effect of such tough laws is similar elsewhere.

No I will not read and respond to the report, it takes to long and isn't relevant to the Bolsonaro thing.
It's a trick old as the hills, you throw a report (that you usually haven't read yourself and) out there for your opponents to read hoping they will just throw in the towel.
And the fact that it is published in a reputable magazine, does not mean that it isn't biased.

I will respond to the headline though.
What are they  saying with their report? basically, they are just stating the obvious, People without guns don't commit suicide with guns. Is that even in dispute? The real question is, does it matter? did suicides go down? or did people go on committing suicide with other means? I think you know the answer. People without guns don't have have accidents with guns, again quite a nobrainer, if you own something that you can have an accident with some people are going to have accidents, if that is a knife, car, gun, or anything else really doesn't matter. Accidents happen, what's their point?
And lastly, gun related homicides fell, again, yes so what? that's to be expected, but did homicides fall? or did people just switch weapons? I'm guessing the latter. They just don't like guns and are a using science paper to scare people by stating the obvious.

Now, on Bolsonaros relaxation of gun laws, his point is that if good citizens have the ability to shoot the bad guys, the bad guys will think twice before trying to rob someone, in the beginning that might very well lead to more gun deaths, as the bad guys are being culled, but that's not a bad thing, it's just according to plan.