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

[cAPSLOCK]

jbreher likes to pump them up too, I wonder why that is?      He might want to chime his picnic bear ass into the mix, as well.   

He tends to support centralization and trusted third partys for some unknown reason.
Makes me wonder sometimes why he supports bitcoin?

Examples would be helpful in buttressing your claim.

You support Coinbase and BSV, do I really need to add anything more than that?

Yes, you do. Coinbase as opposed to what? Binance? BitFinex?

BSV as opposed to what? BTC? From a fundamental analysis they are exactly as centralized as each other.

As far as nodes are concerned the story is way different.

BSV count: 326
BTC count: 7721

California ON IT'S own has nearly as many BTC nodes as the entire world for BSV.

I have seen analysis that shows that the vast majority run on Digital Ocean VPS instances.

https://api.blockchair.com

[jbreher]

jbreher likes to pump them up too, I wonder why that is?    He might want to chime his picnic bear ass into the mix, as well.    

He tends to support centralization and trusted third partys for some unknown reason.
Makes me wonder sometimes why he supports bitcoin?

Examples would be helpful in buttressing your claim.

You support Coinbase and BSV, do I really need to add anything more than that?

Yes, you do. Coinbase as opposed to what? Binance? BitFinex?

BSV as opposed to what? BTC? From a fundamental analysis they are exactly as centralized as each other.

As far as nodes are concerned the story is way different.

BSV count: 326
BTC count: 7721

California ON IT'S own has nearly as many BTC nodes as the entire world for BSV.

I have seen analysis that shows that the vast majority run on Digital Ocean VPS instances.

https://api.blockchair.com

As long as there are no structural barriers preventing parties from booting up a fully validating client, it is exactly as decentralized on that axis as it need be.

[JayJuanGee]

jbreher likes to pump them up too, I wonder why that is?    He might want to chime his picnic bear ass into the mix, as well.    

He tends to support centralization and trusted third partys for some unknown reason.
Makes me wonder sometimes why he supports bitcoin?

Examples would be helpful in buttressing your claim.

You support Coinbase and BSV, do I really need to add anything more than that?

Yes, you do. Coinbase as opposed to what? Binance? BitFinex?

BSV as opposed to what? BTC? From a fundamental analysis they are exactly as centralized as each other.

As far as nodes are concerned the story is way different.

BSV count: 326
BTC count: 7721

California ON IT'S own has nearly as many BTC nodes as the entire world for BSV.

I have seen analysis that shows that the vast majority run on Digital Ocean VPS instances.

https://api.blockchair.com

You seemed to have answered my question, cAPSLOCK, which is are those BSV nodes even real or distinct or just making an appearance of having actual real nodes?

As long as there are no structural barriers preventing parties from booting up a fully validating client, it is exactly as decentralized on that axis as it need be.

As usual, you are totally correct, jbreher.

Something like 10 fully-validating nodes would be superfluously more than enough, for example.      Very difficult to collude when you have 3 fully-validating nodes and opportunities to open more which would likely scare the shit out of the 3 from colluding.   So, 10 fully-validating nodes is like redundancy and 3x more than a kind of minimum operating core.

[JayJuanGee]

I am wondering if there be a little bit of a battle to figure out whether our current week's candle is going to close green or red, even though I am not sure about how much the color matters.

So, as I type, we have about 4 hours remaining in this week's candle, and it would have to close somewhat below $9,100 in order to turn red... so currently we are green at about $9,220 as I type, but certainly within striking distance of less than 1.5% of closing red.

We seem to be moving farther away from a weekly red candle close.    Bitcoin sucks!!!!!    always going UPpity!!!!!  

 

Edit:  Confirmed.... Green!!!!!   Closed at about $9,290.  Now onto next week's candle, will we close red or green? whachagonnado?

[Elwar]

So I have tried a few times to download the Coinbase app needed to sign up for the Coinbase debit card. Each time I get "This is not supported in your country".

I use a VPN to set my IP in the US so is it not supported in the US? Or is it somehow detecting that I'm really in Panama?

Also, I finally got around to filing my extortion papers for the IRS.

Getting married helped keep me from needing to pay any taxes.

Land of the free...where you have to file your taxes even if you haven't stepped foot in the country all year.

[DaRude]

jbreher likes to pump them up too, I wonder why that is?    He might want to chime his picnic bear ass into the mix, as well.    

He tends to support centralization and trusted third partys for some unknown reason.
Makes me wonder sometimes why he supports bitcoin?

Examples would be helpful in buttressing your claim.

You support Coinbase and BSV, do I really need to add anything more than that?

Yes, you do. Coinbase as opposed to what? Binance? BitFinex?

BSV as opposed to what? BTC? From a fundamental analysis they are exactly as centralized as each other.

Kraken and Gemini

Why do BSvers always try to redefine the definition of decentralization? Are there no arguments you can come up with that don't require redefining meaning of words?

[Hueristic]

jbreher likes to pump them up too, I wonder why that is?      He might want to chime his picnic bear ass into the mix, as well.   

He tends to support centralization and trusted third partys for some unknown reason.
Makes me wonder sometimes why he supports bitcoin?

Examples would be helpful in buttressing your claim.

You support Coinbase and BSV, do I really need to add anything more than that?

Yes, you do. Coinbase as opposed to what? Binance? BitFinex?

BSV as opposed to what? BTC? From a fundamental analysis they are exactly as centralized as each other.

So I have tried a few times to download the Coinbase app needed to sign up for the Coinbase debit card. Each time I get "This is not supported in your country".

I use a VPN to set my IP in the US so is it not supported in the US? Or is it somehow detecting that I'm really in Panama?

Also, I finally got around to filing my extortion papers for the IRS.

Getting married helped keep me from needing to pay any taxes.

Land of the free...where you have to file your taxes even if you haven't stepped foot in the country all year.

BREAKING: Coinbase is selling blockchain analytics software to the US Secret Service

https://www.theblockcrypto.com/post/71261/coinbase-is-selling-blockchain-analytics-software-to-the-us-secret-service

[Biodom]

Anecdotal in Texas: almost nobody in a restaurant on Sunday-relative told me.
With $600 proviso running of by the end of the month, all those resto workers who actually came back would have almost no income.
Interesting. I wonder how an "invisible hand" (Adam Smith) would deal with this.
Oh, I know...they should buy something, maybe dog-e-coin or TSLA stock.

Just for laughs ("OK boomer" style: I don't mean to offend anyone, but it is funny):
https://youtu.be/CKs4StkM64w?t=995

[JayJuanGee]

So I have tried a few times to download the Coinbase app needed to sign up for the Coinbase debit card. Each time I get "This is not supported in your country".

I use a VPN to set my IP in the US so is it not supported in the US? Or is it somehow detecting that I'm really in Panama?

Also, I finally got around to filing my extortion papers for the IRS.

Getting married helped keep me from needing to pay any taxes.

Land of the free...where you have to file your taxes even if you haven't stepped foot in the country all year.

You could renounce your citizenship, but you may well be anticipating getting some income such as social security or maybe you are receiving some other pension, which makes it a BIGGER trade off to renounce.

I am not saying that I agree with world-wide income taxation, and surely there are trade-offs with any system whether we are referring to taxation or other matters of figuring out if you get benefits or will get benefits in the future.   Sure, you likely subscribe to one of those libertarian views, and you have already admitted to it, and sure I have issues with libertarians trying to spin matters with out accounting for how to deal with various public goods, but you surely did not start your propounding of libertarian ideas in your teenage years, so you have some issues with your having had made too many USA connections in terms of either prior employment or your desires to return to the USA or to travel around the world with a USA passport causing you to be unwilling to renounce your citizenship.. because it will likely cost you more than what you are willing to admit to because you want to spin the taxation matter in one direction (sure we all have concerns about taxation how their spent and from whom they are collected).

jbreher likes to pump them up too, I wonder why that is?    He might want to chime his picnic bear ass into the mix, as well.    

He tends to support centralization and trusted third partys for some unknown reason.
Makes me wonder sometimes why he supports bitcoin?

Examples would be helpful in buttressing your claim.

You support Coinbase and BSV, do I really need to add anything more than that?

Yes, you do. Coinbase as opposed to what? Binance? BitFinex?

BSV as opposed to what? BTC? From a fundamental analysis they are exactly as centralized as each other.

Kraken and Gemini

Why do BSvers always try to redefine the definition of decentralization? Are there no arguments you can come up with that don't require redefining meaning of words?

There is no coin that even comes close to the same level of BTC's decentralization.. that's probably why most of the shitcoin pumpeners resort to making shit up.

[DaRude]

So I have tried a few times to download the Coinbase app needed to sign up for the Coinbase debit card. Each time I get "This is not supported in your country".

I use a VPN to set my IP in the US so is it not supported in the US? Or is it somehow detecting that I'm really in Panama?

Also, I finally got around to filing my extortion papers for the IRS.

Getting married helped keep me from needing to pay any taxes.

Land of the free...where you have to file your taxes even if you haven't stepped foot in the country all year.

Did you give it permission to access your location? Or might've gotten blacklisted first time app called home without VPN. But seriously go with Gemini or anything would be better than Coinbase

[Hyperjacked]

Gotta say... Joey your starting to get annoying with this qe bs... reminds me of your forever silver shorts!!!
The day of reckoning will come... nothing will stop the
Train

[jbreher]

jbreher likes to pump them up too, I wonder why that is?    He might want to chime his picnic bear ass into the mix, as well.    

He tends to support centralization and trusted third partys for some unknown reason.
Makes me wonder sometimes why he supports bitcoin?

Examples would be helpful in buttressing your claim.

You support Coinbase and BSV, do I really need to add anything more than that?

Yes, you do. Coinbase as opposed to what? Binance? BitFinex?

BSV as opposed to what? BTC? From a fundamental analysis they are exactly as centralized as each other.

Kraken and Gemini

In what manner are Kraken or Gemini more decentralized than Coinbase?

Why do BSvers always try to redefine the definition of decentralization? Are there no arguments you can come up with that don't require redefining meaning of words?

What the fuck are you babbling about now? As you seem to be accusing me of redefining 'decentralization', perhaps you might be so kind as to provide me with your personal definition thereof.

[jbreher]

jbreher likes to pump them up too, I wonder why that is?      He might want to chime his picnic bear ass into the mix, as well.   

He tends to support centralization and trusted third partys for some unknown reason.
Makes me wonder sometimes why he supports bitcoin?

Examples would be helpful in buttressing your claim.

You support Coinbase and BSV, do I really need to add anything more than that?

Yes, you do. Coinbase as opposed to what? Binance? BitFinex?

BSV as opposed to what? BTC? From a fundamental analysis they are exactly as centralized as each other.

So I have tried a few times to download the Coinbase app needed to sign up for the Coinbase debit card. Each time I get "This is not supported in your country".

I use a VPN to set my IP in the US so is it not supported in the US? Or is it somehow detecting that I'm really in Panama?

Also, I finally got around to filing my extortion papers for the IRS.

Getting married helped keep me from needing to pay any taxes.

Land of the free...where you have to file your taxes even if you haven't stepped foot in the country all year.

BREAKING: Coinbase is selling blockchain analytics software to the US Secret Service

https://www.theblockcrypto.com/post/71261/coinbase-is-selling-blockchain-analytics-software-to-the-us-secret-service

Is that meant to buttress your accusation of not being decentralized? Or trusted third parties? Newsflash: exchanges are inherently centralized trusted third parties. They can be nothing but. Impossibru!

[jbreher]

Gotta say... Joey your starting to get annoying with this qe bs...

Thant reminds me... I was cleaning accumulated detritus out of a rental storage unit I'm vacating after several decades of use. I ran across these old bookshelf stereo speakers, and did a little double take.

[bitebits]

https://twitter.com/ryandraycott/status/1282009373133484036

[bitebits]

https://btc.com/stats/diff

Halfway into the two weeks difficulty period. Next difficulty adjustment expected to be +6% and ATH. The Bitcoin network is in top notch conduction, bullish!

Next difficulty adjustment in 24 blocks. Expected +9.5% to 17.29T, which is an All Time High (previous ATH was 16.55T around the halving).

Bitcoin boring or bearish? Far from!

[jbreher]

BSV as opposed to what? BTC? From a fundamental analysis they are exactly as centralized as each other.

That's a steaming pile of horseshit if I ever saw one.

First of all, BTC's hash rate is about 60x bigger than that of BSV.

Second of all, BSV's hash rate is highly centralized among a small number of miners.

Such differences are not fundamental, and not due to any technical aspect of the coins/chains in question. They are merely differences in today's preferences of the market participants.

BSV is mineable by the same set of participants as is BTC.

And yes, collusion between three miners is sufficient to amass 51% hashpower on the BSV network today. While such collusion on the BTC network would require the astronomically higher number of four.   

[LFC_Bitcoin]

Next difficulty adjustment in 24 blocks. Expected +9.5% to 17.29T, which is an All Time High (previous ATH was 16.55T around the halving).

Bitcoin boring or bearish? Far from!

Miner death spiral FUD, get in the bin!

[somac.]

God damn, just get the fuck over 9300 without someone knocking you down straight after.

[LFC_Bitcoin]

https://twitter.com/alistairmilne/status/1282630594107781121?s=21