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

[JimboToronto]

Good morning Bitcoinland. Missed yesterday due to day-long power outage from Tropical Storm Cristobal. Wind and rain galore. Our backup generators don't help our internet connectivity when the local service provider (a guy named David) has no power.

The price of Bitcoin didn't seem to move though... still in the mid-$9xxx range... currently $9670USD/$12980CAD (Bitcoinaverage).

5 digits soon... please?
_____

As for the new poll, I voted 1-10%.

That's about what I would spend anyway to maintain my comfortable lifestyle.

10% is more than I've already spent in total.

My bitcoins are for holding.

The only ones that should be protected are those victims, aka ordinary people, from the police in the US

If the military should be called in, it should be against rogue law enforcement who answer protests against law enforcement brutality with more law enforcement brutality.

I should never be used against the public, especially protesters.

Individual officers/agents must be identified and personally held accountable. They shouldn't be allowed to hide behind their badges and uniforms.

Don't give us any of that crap about "just following orders". Nuremberg indeed.

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[WastedLTC]

Exactly, Mark gives absolutely no evidence or even detailed opinion to support why it's "not fungible" and "can't be a replacement for the current system."

Just open blockchain explorer. You will see then why Bitcoin is not fungible.

I hate it when people make broad statements like this and just walk away.

Care to explain what you mean in more detail?

I would assume that they are mentioning the history behind each coin -- the fact that having a newly minted BTC has some added value to some but it really shouldn't... (but it does).  (as an example)

[bkbirge]

If the military should be called in, it should be against rogue law enforcement who answer protests against law enforcement brutality with more law enforcement brutality.

I should never be used against the public, especially protesters.

Individual officers/agents must be identified and personally held accountable. They shouldn't be allowed to hide behind their badges and uniforms.

Don't give us any of that crap about "just following orders". Nuremberg indeed.

This, all day everyday 1000x. We've allowed the police culture of us vs. them to grow unaccounted for way too long. The force needs a top down thorough scrubbing and retraining.

[JimboToronto]

Anyone else having problems connecting to bitcoinwisdom.io or bitstamp.net?

I ran the win7 connectivity troubleshooter and it says I'm properly configured but microsoft.com isn't responding.

I'm able to connect to some sites just fine. I'm assuming it has something to do with my ISP but I can't contact him without leaving the safety of our property, crossing town, and taking a chance that he's home.

I'll try some other price tracking sites.

[OutOfMemory]

There is no option for rebuying in the inevitable post bull crash.  I will sell half (again) but will rebuy (again) in the depths of the inevitable winter. 

Thinking about that too, but i currently tend towards 25%, because there is a bigger plan of #hodl and i don't want to risk half of it by trying to be smart.
I will only sell to accumulate more, doesn't have to be big of a range, just slowly building up.
OutOfsMerit, so +1WOsMerit  

[bkbirge]

Anyone else having problems connecting to bitcoinwisdom.io or bitstamp.net?

I ran the win7 connectivity troubleshooter and it says I'm properly configured but microsoft.com isn't responding.

I'm able to connect to some sites just fine. I'm assuming it has something to do with my ISP but I can't contact him without leaving the safety of our property, crossing town, and taking a chance that he's home.

I'll try some other price tracking sites.

No issues with either link here.

[jojo69]

 

The banking institution(s) that are literally fucking over every person in the world are now virtue signaling.

Condescending and ironic doesn't even begin to describe this.

this is enough to make me want to burn and rob

[jojo69]

In that case we millennial need some lessons from JimboToronto, he seems to figured it out some stuff and tlicking all the right boxes.

ftfy

[LorenoCoin]

I was going to put 0% in the survey, but I thought I would sell 10% to take advantage of the volatility and would buy back in case a colossal offer came up without warning. It wouldn't be a bad idea to leverage 10% (long) if the price goes down.

 It's somethings...

[mindrust]

I am back in the 100 million club.

May I post again? 

[Indymoney]

I am back in the 100 million club.

May I post again? 

Yes welcome back

[Ibian]

^^ Next 30 years are critical...
Okay 20-30 years

30 years?

I’ll be in my 60’s or dead.

In that case we millennial need some lessons from JimboToronto, he seems to figured it out some stuff and ticking all the right boxes. Bad boys don't die that early anyways so don't you worry.

BTW I was being generous with the 30 year timeline in context of world reserve currency.

Jimbo is a boomer. He complains about being lumped in with those "other" boomers of a slightly different age, yet says not a word about the taxes they have imposed on all of us. Boomers are inherently narcissistic. Look elsewhere for answers.

[Ibian]

ACAB

There is no need for this here, brother. The world is a nuanced ball of shit right now. There are indeed many good officers out there that are being sullied by actions of the bad.

As long as the people responsible are not being punished - the politicians - it doesn't matter. It will get worse.

[JSRAW]

VB : #jojohateshashtag

[Febo]

Exactly, Mark gives absolutely no evidence or even detailed opinion to support why it's "not fungible" and "can't be a replacement for the current system."

Just open blockchain explorer. You will see then why Bitcoin is not fungible.

I hate it when people make broad statements like this and just walk away.

Care to explain what you mean in more detail?

Every Bitcoin have whole history written in it. On what wallet it was and with what other coins was in other wallets. It is the same as we would have a dollar bill and on back of the bill would be written who own them all the way back from when they come from FED printers room. That is not fungible. Fungible is gold that you can at anytime melt into new ingot or coin and no one have any ideas in what shape that gold were in past and who owned it.

Cuban is extremely smart guy and totally get crypto.

[soullyG]

ACAB

There is no need for this here, brother. The world is a nuanced ball of shit right now. There are indeed many good officers out there that are being sullied by actions of the bad.

Thanks for the reminder Bob, I had been watching all the videos of the US protests and was feeling a bit disenchanted with the world. I do hope this crazy year spurs on some kind of change for the better, because I'm not sure how much more we can take before sliding into an orwellian dystopia..

edit: aw shucks, thanks all. Something a little inspiring to lighten the mood:

https://www.youtube.com/watch?v=Ayizzcv-NCE

[Biodom]

Exactly, Mark gives absolutely no evidence or even detailed opinion to support why it's "not fungible" and "can't be a replacement for the current system."

Just open blockchain explorer. You will see then why Bitcoin is not fungible.

I hate it when people make broad statements like this and just walk away.

Care to explain what you mean in more detail?

Every Bitcoin have whole history written in it. On what wallet it was and with what other coins was in other wallets. It is the same as we would have a dollar bill and on back of the bill would be written who own them all the way back from when they come from FED printers room. That is not fungible. Fungible is gold that you can at anytime melt into new ingot or coin and no one have any ideas in what shape that gold were in past and who owned it.

Cuban is extremely smart guy and totally get crypto.

$ in your bank account are not truly fungible by this description too. If you wouldn't need to pay taxes on small tx (de minimis carveout that we don't have yet), then most users wouldn't care much about the lack of fungibility. Also, it seems that bitcoin's fungibility is a feature that could be solved by a software update, but I am not sure if we even need this for 99.9% cases.
That said, I am curious about what Wyoming did with regards to bitcoin (title, etc.) It would come handy if and when people would start borrowing serious money (in $$) against their btc (without selling it).

[LUCKMCFLY]

An interesting fact to keep in mind, the Bitcoin market always gives unpredictable things...

The Mayer Multiple for Bitcoin (9706.63 USD) is now 1.2.
It has historically been higher than today's value 42.95% of the time.
The average historical value is 1.36.
Get real-time data and more information on https://mayermultiple.info

Source: https://twitter.com/MultipleMayer/status/1269389111661604865

[Syke]

Just open blockchain explorer. You will see then why Bitcoin is not fungible.

Bitcoin is fungible. Any wallet can send/receive bitcoins to/from any other wallet. Any sort of "unfungibility" is outside the bitcoin protocol.

[jojo69]