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

[Icygreen]

There seems to be some confusion regarding some of our talking points and their credibility.  I’ve made a quick reference guide of positive and negative points of support to help keep us on the right track.
 
There are very few BC’s that matter.
 
BC= Bit-coin, block chain, B-cups, ball caps and big cojones.

However, there are many negative caveats to avoid supporting, ie.

CB= crystal balls, central banking, Coin Base, Craig’s bullshit, Calvin’s bullshit, covid bullshit, custodial Bitcoin, cry babies, crypto bitches, cock blockers, carte blanche, chastity belts, charge-backs, check bounce and cheap beer. Otherwise known as the ‘crash & burn’ pile.

Happy Wednesday gents! 

[infofront]

Well, Bitcoin has stabilized at $9000s/coin....

https://www.reddit.com/r/Bitcoin/comments/hqtz2b/well_bitcoin_has_stabilized_at_9000scoin/

[LFC_Bitcoin]

Well, Bitcoin has stabilized at $9000s/coin....

https://www.reddit.com/r/Bitcoin/comments/hqtz2b/well_bitcoin_has_stabilized_at_9000scoin/

Don’t be a Tom

[Last of the V8s]

Sorry Icy but you've gone too far now. I've been researching this matter for many decades, and am convinced that B-cups are just too damn small. Nothing to get one's teeth into.

[OutOfMemory]

Consecutive opposing daily candles since 12 days.
green, red, green, red... repeat  
As sideways as sideways can get, also the daily volume is about the same each day.

My triangular lines meet at Aug. 23 that's why i voted for August in the poll.

[Biodom]

Fidelity Digital Assets to Custody Bitcoin in Kingdom Trust Retirement Accounts

The storage will be offered on Kingdom Trust’s Choice retirement account, a hybrid self-service retirement platform where investors can buy, sell or hold stocks, exchange-traded funds (ETFs) and digital assets in one tax-advantaged account.

Kingdom Trust CEO Ryan Radloff hopes the partnership with Fidelity will nudge the investment giant closer to serving retail crypto investors.

“I think having Fidelity grow is so important for bitcoin and the market’s maturity that I’m willing to sacrifice a few basis points of margin for that,” Radloff said of the new business arrangement. “We think this is meaningful for a lot of people that already have Fidelity retirement accounts but have really been waiting for Fidelity Digital Assets’ mandate to mature from just an institutional one to institutional and retail.”

Will consider, but self-custodied yearly fees are at "INQUIRE".

FED+ECB+BOJ accounts=20tril
Does it really matter?
https://twitter.com/NorthmanTrader/status/1283447342029508611

All this wall of money did to btc so far is to flatten it into a pancake.

[LUCKMCFLY]

Hi WO!!!



Twitter: https://twitter.com/bbands/status/1283160280684363781

According to John Bollinger, the creator of the technical analysis indicator Bollinger Bands, it is “starting to get constructive,” in BTCUSD once again.

Source: https://cryptonewsexperts.com/time-to-pay-attention-famed-bollinger-band-creator-comments-on-bitcoin/

[BlackHatCoiner]

Cause, I've got a feeling... That tonight's gonna be a good night.

[Last of the V8s]

https://twitter.com/lopp/status/1283507177370640385

You know what the real news is from this incident?

Someone appears to have root level access to Twitter. They OWN this platform. They are in GOD MODE. They can do ANYTHING they want on it.

And their top choice is to trick you into parting with your precious bitcoin.

[LUCKMCFLY]

It's amazing, but your account continues to grow ..

https://blockchair.com/bitcoin/address/bc1qxy2kgdygjrsqtzq2n0yrf2493p83kkfjhx0wlh

[psycodad]

Somebody is giving Twitters new self-appointed head of IT some advice on Bitcoin traceability via change addresses:

https://blockchair.com/bitcoin/transaction/db7b6162f9dbd8c257ef8937f279907a8d3f91e870ebc3e7cab57afc7f3a6d7e

I bet at the same time somebody is privately asking for more than 12BTC from Twitter to get them their root account back..

[JSRAW]

Lol... state level hack or another bitcoin giveaway scam?
Twitter accounts of Joe Biden, Barack Obama, Elon Musk, Bill Gates, and others apparently hacked

[Toxic2040]

https://twitter.com/lopp/status/1283507177370640385

You know what the real news is from this incident?

Someone appears to have root level access to Twitter. They OWN this platform. They are in GOD MODE. They can do ANYTHING they want on it.

And their top choice is to trick you into parting with your precious bitcoin.

Damnit...I like Jack..he seems like a decent human being. There are probably enough addicts over there for the platform to survive but this will be hard to bounce back from.


-------

Speaking of bounce....still very little in bitcoins step lately..and I am not sure when it will return.  #dyor

if you shake it more than twice your playing with it
1h


kitteh sprays the couch
4h


nessie gets cock blocked and she doesnt look happy
D

#stronghands

[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.

Umm the decentralized part was referring to BTC vs your scamcoin, and not the exchanges. The exchanges were suggested as alternatives to Coinbase, seems like everyone got that part except for you.

Still waiting for your:
1) explanation of how Coinbase suffers more as being a trusted third party than is Kraken or Gemini; and
2) personal definition of 'decentralization', so we may continue this discussion in a rational manner.

Coinbase is [...]

The topic on the table, DaRude, is not the ways Coinbase is evil, with the sole exception of them being centralized and trusted third parties. Stick to the goddam topic, ya ninny.

As far as centralization, see, it's a common knowledge that BTC is more decentralized than BSv...

Lacking a common definition of 'decentralization', no. It is not 'common knowledge', as these aspects depend upon what the meaning of decentralization is.

Seeing as you are too pea-brained to even have a definition which allows your brain to classify things along a decentralization spectrum, I suggest that 'you're outta your element, Donnie', and you may as well forfeit the discussion.

jbreher you feeling alright?

Feeling just fine, thanks.

you were the one who put up the claim that some shitcoin,is as decentralized as BTC,

You mean BSV? Yes, from a purely technical (i.e., fundamental) viewpoint, BTC and BSV are as de/centralized as each other. As I have already explained upthread.

and then you're asking me to define decentralization?

Yes. You are the one who accused me of changing the definition of decentralization. Without divulging your personal definition of decentralization, we have no basis upon which we can discuss our differences.

As an aside, methinks you don't even know what definition of decentralization it is to which you ascribe.

But hey - an echo chamber dittoing of 'but muh decentralization' must appear to you to be making some kind of point.

[jbreher]

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.   

Struggling with this one jb.

Calvin, Craig and the leading BSV dev makes three. Sure.
But four!? You mean pools?

I am just pointing out the implication of the pie charts posted to make some kind of point about mining. It's right there in black & whi... err... several colors. BSV: 3; BTC: 4. Maybe I shoulda used <sarc>astronomically higher</sarc>.

'The leading BSV dev' would be ... ?

Also there is that cost thingy...

Exactly. The beauty of the design satoshi devised is that it would cost the attackers more than they can possibly gain by attacking.

[marcus_of_augustus]

twitter got twatted ... can't say i'm surprised or sympathetic.

the place has become a foul sewer, a weaponised industrial outrage machine, now dabbling in platform politics, only rivalled in it's deceptive cultural debauchery by the spook's spookbook and spoogle.

Jack should have stuck to his knitting, like the platform security for his 'clients' ...

[jbreher]

Sorry Icy but you've gone too far now. I've been researching this matter for many decades, and am convinced that B-cups are just too damn small. Nothing to get one's teeth into.

How the hell big is your mouth anyhoo?

Wait - is this Arthur?

[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

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.

Umm the decentralized part was referring to BTC vs your scamcoin, and not the exchanges. The exchanges were suggested as alternatives to Coinbase, seems like everyone got that part except for you.

Still waiting for your:
1) explanation of how Coinbase suffers more as being a trusted third party than is Kraken or Gemini; and
2) personal definition of 'decentralization', so we may continue this discussion in a rational manner.

Coinbase is [...]

The topic on the table, DaRude, is not the ways Coinbase is evil, with the sole exception of them being centralized and trusted third parties. Stick to the goddam topic, ya ninny.

As far as centralization, see, it's a common knowledge that BTC is more decentralized than BSv...

Lacking a common definition of 'decentralization', no. It is not 'common knowledge', as these aspects depend upon what the meaning of decentralization is.

Seeing as you are too pea-brained to even have a definition which allows your brain to classify things along a decentralization spectrum, I suggest that 'you're outta your element, Donnie', and you may as well forfeit the discussion.

jbreher you feeling alright?

Feeling just fine, thanks.

you were the one who put up the claim that some shitcoin,is as decentralized as BTC,

...
You mean BSV? Yes, from a purely technical (i.e., fundamental) viewpoint, BTC and BSV are as de/centralized as each other. As I have already explained upthread.
...

Again i don't see you backing up that claim, point to me where you're defining de/centralization and explaining what metrics you used to come to conclusion that BTC and BSv are equally decentralized? Stop wasting everyone's time

[CryptoYar]

Lol... state level hack or another bitcoin giveaway scam?
~snip~

https://youtu.be/nkTfg--TSC8

https://mobile.twitter.com/winklevoss/status/1283493640287989760

[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.

Umm the decentralized part was referring to BTC vs your scamcoin, and not the exchanges. The exchanges were suggested as alternatives to Coinbase, seems like everyone got that part except for you.

Still waiting for your:
1) explanation of how Coinbase suffers more as being a trusted third party than is Kraken or Gemini; and
2) personal definition of 'decentralization', so we may continue this discussion in a rational manner.

Coinbase is [...]

The topic on the table, DaRude, is not the ways Coinbase is evil, with the sole exception of them being centralized and trusted third parties. Stick to the goddam topic, ya ninny.

As far as centralization, see, it's a common knowledge that BTC is more decentralized than BSv...

Lacking a common definition of 'decentralization', no. It is not 'common knowledge', as these aspects depend upon what the meaning of decentralization is.

Seeing as you are too pea-brained to even have a definition which allows your brain to classify things along a decentralization spectrum, I suggest that 'you're outta your element, Donnie', and you may as well forfeit the discussion.

jbreher you feeling alright?

Feeling just fine, thanks.

you were the one who put up the claim that some shitcoin,is as decentralized as BTC,

...
You mean BSV? Yes, from a purely technical (i.e., fundamental) viewpoint, BTC and BSV are as de/centralized as each other. As I have already explained upthread.
...

Again i don't see you backing up that claim, point to me where you're defining de/centralization and explaining what metrics you used to come to conclusion that BTC and BSv are equally decentralized? Stop wasting everyone's time

As to the other topic somehow conflated in with the other. Yes, I understand that a good lot of you ascribe to the dogma that lotsa lotsa non-mining fully-validating clients equates to MOAR DECENTRALIZATION. Regardless of the relative amount of decentralization on any of a large number of other axes. And that lotsa lotsa minus one means that the entire system is in peril. You are of course wrong on both counts, but I get that all y'all think so. My point here is not to argue about that. It is to point out that your measure of centralization has fuck-all to do with any technical aspect of the coin/chain/client/code. It merely reflects the preferences of the market at this point in time, which is nothing more than the individual personal preferences of scads of individuals within the marketplace at this point in time.

Nevermind the fact that you were first to accuse me of 'redefining decentralization', when I in no way did such a thing.

Your turn. What is the definition of decentralization to which you adhere, DaRude? Hmmm?