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

[nullius]

N.b. that this is theocrasy (not a typo!), not an historical statement at all; I will nonetheless address it historically:

Jezus, Moses, Allha, Shiva, Brahma and Vishnu where all students to give uss a head-start and left.

Jesus and Moses are fictional characters.  Such can be said because they are alleged to have been historically extant human beings; and the Biblical alleged histories are bunk, just fiction (although they may be in part based very roughly on composites of bits and pieces of historical events).

In particular, I am amazed that anybody after the late 19c./early 20c. treats Jesus as having any more reality than the Wizard of Oz.  The Gospels are historically prepostrous.  Josephus was a liar generally, as can be readily demonstrated on many points (not only relevant to this issue).  Roman historical sources contemporaneous to, or soon after the alleged life of Jesus contain absolutely nothing about corroborates the story; biased “scholars” are left hanging onto some old chestnut about Tacitus and “Chrestus”, a misinterpretation that is completely absurd to anyone with even the slightest knowledge of the matter.  Etc...  Moreover, there is no reliable evidence that Christians (i.e. followers of Jesus) existed before the Second Century.

The others whom you listed are wholly mystical beings, not susceptible to scientific examination or other rational scholarship.  It is, strictly speaking, not irrational to believe in the existence of such beings somewhere that mere mortals (and their scientific instruments) cannot see.

The alleged historicity of Jesus was actually what I was thinking of specifically, when I wrote this:

I love history it gets really crazy the more i search.

Most of what you think you know about history is wrong.

That’s not personal.  It is just a general observation.  Most of what people believe to be “history” is fake news, either twisted or just made up by somebody with an agenda somewhere along the line—the Bible being only the worst and most notorious example.  Indeed, if you want a neat demonstration of just how bad the problem is, peruse the idiot-bait on Wikipedia and follow the “verifiable” citations to so-called “scholars” who crank out arrant nonsense “supporting” or “investigating” the historicity of completely fictional stories.

Hinduism (Shiva as supreme being within Shaivism) is the world's oldest religion and Boedha are the most still intact.

Not intact in the least.

Many if not most of the modern sects of the Hindus are almost unrecognizable compared even to the diverse syncretisms of the Hindu Golden Age, let alone the religion of Vedic times.

The oldest religion would probably be something from prehistorical times—therefore perforce unknown.  I need not reach the question of which religion has the oldest historically or archaeologically attested tradition.

Gautama expressed an essentially atheistic philosophy, eerily similar to Schopenhauer’s World as Will.  His Nirvana had the same objective as Schopenhauer’s Renunciation.  All of the Buddhist religious mysticism was piled on later, after the historical Gautama.  Such a thing could conceivably also happen over the course of future centuries to Schopenhauer and his quasi-mystical palingenesis of the Will, which can only be escaped by renouncing all desires and attaining the state of Nirvana, i.e. nonexistence.  (Sanskrit nirvāṇa = ‘extinguished’, literally ‘blown out’ in the sense of a candle.)

Obligatory at this juncture:

For this remains [] the essential difference between the two religions of decadence:  Buddhism promises nothing, but actually fulfills; Christianity promises everything, but fulfills nothing.

Parenthetically, I must remark that Gautama and Schopenhauer are correct:  Life inevitably has more suffering than joy.  People with an inner vitality must fight every day for a few precious joys amidst many sorrows.  Decadent people tire of this, and thus seek escape.  The desired escape can be rational and realistic as Gautama and Schopenhauer, or an irrational escapist fantasy, such as the Christian heaven or the transhumanist Singularity.


I have no desire to discuss this now at length; and I have avoided this general line of discussion for want of time even to parse it.  Dashing this off in haste, I simply call out a few points well known to me, which happened to have caught my eye as I skim down to try to catch up with what must be the fastest-moving forum thread in the world.

(Although bit weak on south Asian/Indian subcontinent history, may be you didn't expressed yourself much and i avoid correcting peeps on interweb)

I’d be pleased for some pointers on the Lokāyaka. ;-)

(I appreciated that your post, and did not intend to ignore it.  If were to I answer the question that you thereby asked, I should do so properly; but I have (as yet?) lacked both the time and the inclination for such a discussion here—sorry.  It also invokes the problem that I keep my reading list private; indeed, I use Tor to help assure that nobody can track what I am reading.)

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[Last of the V8s]

https://twitter.com/BtcPins

Bitcoin pin shop running on the lightning network.

https://twitter.com/CryptoCloaks

We design and manufacture 3D printed products for #Bitcoin and other Crypto Projects. Mounts / Cases / Nodes / and Art.

[HI-TEC99]

[heslo]

For anybody who are not familiar with megalith sites i'm going to post some of them. There are many more available from sites around the world. High advanced technology is required to build this and they did this thousands of years ago. How the fck they managed to bend those stones, the angles the precision is mindblowing. People lived like cavemen during that time and i refuse to believe they pulled this off with just a hammer and a chisel. If we know how to build like that we would see European medieval castles the same way i mean they where not able to translate that kind of intellect in otherday use cases, which means it would be constructed by A: a much older human civilization ore B: the Sumerians where right about those sky gods ore giants. When corn tops out next year ore so i'll cash out some and start traveling not only to for example the Bahama's, also to these places to see it with my own eye's. This will be my last post about this subject, i just wanna make people aware that Earth history is full with mysteries.

That is quite simply to explain. The history books are full of shit because some people don't want you to know what happend on this planet for real.

Example: Great Pyramids of Gize were not build by Egyptians, even Aristoteles and Plato wrote, that the Egyptians told and showed him, that they inherited those monolitic structures with the math to that and they are bound to preserving them. There are some quite good engineers from different disciplines who all say, that this is not possible with bronce chisels and stones, hence material used in the pyramids and southern America is near adamantine and much, much older (in the six figures) then stated. Even modern techniques of building are not near to the precision of the pyramids, despite a lot of engineers tried to rebuild those structures and all failed even with modern tools.

My two cents for that 

My late mom in law on her death 💀 bed pulled me and her daughter close to her and said to us “they lie”

we asked who is lying she then said “ the ones in charge”.

I always remember that moment back in dec 1994.

I could write ten thousand lies i have seen heard or read from governments news shows etc. since that day.

so here are some merits bro.

That's quite interesting. Was the MIL ever in any position to know more/have heard something that she shouldn't have. Not that I doubt her regardless; most of the morons we share this earth with couldn't handle truths to simple things hence why we are lied to about the even bigger stuff

[nullius]

P.S., not sure how I glanced by this point before:

Hinduism (Shiva as supreme being within Shaivism) is the world's oldest religion and Boedha are the most still intact.

Not intact in the least.

Many if not most of the modern sects of the Hindus are almost unrecognizable compared even to the diverse syncretisms of the Hindu Golden Age, let alone the religion of Vedic times.

Your allegation that Shaivism be the “world’s oldest religion”, and by implication that it was the original Hindu orthodoxy, rather prove my point that nothing is “intact” about any of these religions.

Way back when, the only Hindu “supreme being” was the impersonal Brahma (neuter noun), whence sprang the Trimūrti (a trinity):  Brahman (masculine noun; the Creator), Vishnu (the Preserver), and Siva (the Destroyer).  In the beginning was only Brahma; all existence may be said to be no more than an illusion imagined by Brahma; and all things shall return to Brahma, only to re-emerge in an eternal cycle.  The closest Western concepts to Brahma are in various aspects such things as Chaos, whence sprang the universe, and Fate, which controls the destinies even of the gods.

The syncretisms and variations that developed as Hindu orthodoxies over the centuries and millennia form an astounding tangle.  They all share the same Vedic roots, of course—somewhat in a manner analogous to how Sanskrit shares linguistic roots with Greek.  That is what distinguishes them from such outrageous heresies as Buddhism, or the skeptical philosophy of Lokāyaka (a highly intelligent rational atheism which rejects all mysticism, denies the existence of all gods, and holds that human consciousness is a material bodily process that ceases at the death of the individual), etc.

The same processes operate on all religions.  Judaism was originally polytheistic (as seen at Elephantine).  The Christian denominations of the Fifteenth Century would all have been condemned as heresies by each of the many different Christian sects of the Second or Third Century—and vice versa.  Zoroastrianism later had Mithraism as a direct descendant, so to speak.  The Greek religious beliefs of later Hellenistic times were of a different Zeitgeist from the beliefs of Homeric heroes (although here, the difference seems less significant due to the implicitly pluralistic nature of Greek polytheism).  Etc., etc.

The bottom line is that men create gods in their own images; and as societies change, so do their concepts of divinity.

[Toxic2040]

re:memes, off-topicness and toxic culture




#dyor
1h


4h

#mesmerism

[Hueristic]

All non-public communications should be encrypted.  Period.

If you only encrypt selected things, then you are red-flagging those things as “something to hide”, leaking what is in practical effect contextual metadata, and inviting targeted attackers to seek specifically the things that you wanted to encrypt.  Oops.

W0rd.

If you don't mind red-flagging yourself as the-guy-who-encrypts-everything, of course...

I've been dropping shit for those fuckers to flag for decades, hope they love storing data.

[Philipma1957cellphone]

I THINK the cooperation shown by many many countries has shown that they could choose to shut down the internet if they want to.  This is very interesting concept that truly makes digital coins look weak. If you were Elon  Musk or any super wealthy person you are going to get around this weakness or simply not sink a lot of money into BTC.

You can't be serious? The wealthy cabal depends on internet services companies Apple, Google, Amazon, Microsoft, PayPal, eBay, all the cloud-based services companies, etc. Stock markets depend in the internet. Governments and militaries around the world depend on the internet up and running 24/7/365.

So not a chance in hell. Plus the internet was *designed* to be decentralized and disaster proof.

 

a year ago today you would have say no way would the world shut down over a virus that was 1/100 as deadly as the Spanish flu

[nullius]

All non-public communications should be encrypted.  Period.

If you only encrypt selected things, then you are red-flagging those things as “something to hide”, leaking what is in practical effect contextual metadata, and inviting targeted attackers to seek specifically the things that you wanted to encrypt.  Oops.

W0rd.

If you don't mind red-flagging yourself as the-guy-who-encrypts-everything, of course...

I've been dropping shit for those fuckers to flag for decades, hope they love storing data.

Oh, of course they do!

If you don't mind red-flagging yourself as the-guy-who-encrypts-everything something, of course...

FTFY.

If all that is required to scare you into submission and deter you from perfectly legal behaviour is the risk that potentially you may get onto a little list of people-who-doing-something-perfectly-legal, then you should not use crypto at all!  Not encrypted communications—certainly not Bitcoin, which is actually more dangerous to the system and, I note, invokes many potential complications in some jurisdictions where encrypting your communications is unequivocally legal.  Why are you not worried about the potentially much worse list of Bitcoiners—which you probably KYCed yourself into, as I myself have avoided?

Also, if the mere prospect of that little list has such an impact on you, then you are so very easy to control.  Trivial.  It’s like you’re asking for it.  Enjoy slavery.

For my part, I think that it’s a little bit too late to worry about simply being on little lists.  I have probably been getting onto more and more of them ever since I was a teenager.  If I could go back in time, perhaps I may teach myself a cloak-and-dagger routine so that I could live a total double life like a deep-cover spy—well, I do live in enemy-ruled territory, i.e. anywhere in the modern world...  Anyway, as it stands, if I could be on only the list of people-who-encrypt-everything, that would probably be an improvement!

Are you so meek that in an age of tyranny, you have not even been sufficiently annoying to ever get yourself onto a little list somewhere?


N.b. that I have never been arrested.  I have no criminal record (and no reason for one).  My perspective is not one of some anarchist jailbird who has nothing to lose.  To the contrary!

Why, oh why, do I feel it’s wise to note that?  Because you are acting like encrypting your communications is quasi-illegal!  This is Nineteen Eighty-Four stuff:  Obey the unwritten laws.

[rdbase]

https://twitter.com/BtcPins

Bitcoin pin shop running on the lightning network.

https://twitter.com/CryptoCloaks

We design and manufacture 3D printed products for #Bitcoin and other Crypto Projects. Mounts / Cases / Nodes / and Art.

re:memes, off-topicness and toxic culture

Agreed Toxic.
Some people need to take one of those BTC pills and just chill.

Its about the almighty coin here and not about pseudo religious topics.


Now that is some wet ass pussay.

[nullius]

Its about the almighty coin here and not about pseudo religious topics.

http://bitcult.faith/

A lot of entities here favor worshiping the new money god that is bitcoin.
And these entities would like everyone else to follow suit and worship the same.
Such conduct is sin and corruption.

Lo!  Unwittingly as if possessed, I had acted in loyal service of the new money god that is Bitcoin!  ’Twas for that, the Divine Bitcoin lavished me with this compliment as a reward:

Nullius' sole objective is to facilitate the mass adoption of bitcoin.

A reward—and a guiding light, showing me to my true calling.

I ought to work more on this channelling of inerrant divine inspiration:

I. The Basic Laws of Bitcoin

[...]

The god of Bitcoin grants unto you full power over yourself:  No king, no priest, no judge, no senate, and no army can command or countermand your decree over your own bitcoins, as signed with the sacred mark of your private keys.

The god of Bitcoin demands that you take full responsibility for yourself:  For it is a law of Nature and Bitcoin that power and responsibility are as two sides of the same coin.

The god of Bitcoin commands, you shall keep safe your private keys.  An ye lose your private keys, the god of Bitcoin shall curse ye.  An ye let your private keys be stolen, the god of Bitcoin shall bless the thief and curse ye.

The god of Bitcoin demands obedience to the divine Law of Consensus.  The damned who hardfork without consensus are renegades, abjurers of holiness, rapine oath-breakers, frauds, sowers of discord, and traitors, who shall be consigned damnatio memoriae with their chains to eternal poverty within the depths of Tartarus, where all hashes are broken and all bits are made nothing.

[...]

The principal reason why I dropped it was my realization that too many dollar-worshippers seriously accuse Bitcoiners of a “cult mentality”.

The bottom line is that men create gods in their own images; and as societies change, so do their concepts of divinity.

[JayJuanGee]

No one will shove big amounts of money into bitcoin before the U.S. election.

I would not characterize Microstrategy's investment of $425 million as exactly NOT "big amounts of money," and I would not even suggest that  August or September (or whenever the exact dates of their purchases were not exactly NOT before the US elections.

Selling big chunks is also unlikely but not as unlikely as investing.

Do we really know?

I expect price to stay in the range through October. Coiling the spring to unbearable tension.

Not a bad theory.

Also, a big move down at stocks is looming around the corner and everyone waits to see if btc gets dragged down again.

This part seems to be true... or at least highly probable.

It seems everyone in Bitcoin these days is sitting around waiting for the proverbial "moon shot" that's supposedly just around the corner.

Seems like a pretty damned BIG ASS generalization.

The truth is, we could literally go sideways-ish all the way up until the year of the next halving.  A long ways off for sure.

Not a likely scenario, but surely it could happen like that.
 

I mean, even during this summer, volume was pathetically low by prior yearly standards. Right now it's pathetically low again.

Volume is not exactly easy to measure.  Are you getting across all sources?
 

If anyone is just into Bitcoin for the fireworks, they may want to look elsewhere for a more exciting investment.

Again you are presuming that people are bored.

Some people are considerably content where bitcoin is at currently, even if it does not go shooting up to $100k in the next 3 to 24 months.

Where should the supposed anxious ones look (to the extent that they even exist)?

Defi?

No one will shove big amounts of money into bitcoin before the U.S. election. Selling big chunks is also unlikely but not as unlikely as investing.
I expect price to stay in the range through October. Coiling the spring to unbearable tension.

Also, a big move down at stocks is looming around the corner and everyone waits to see if btc gets dragged down again.

It seems everyone in Bitcoin these days is sitting around waiting for the proverbial "moon shot" that's supposedly just around the corner.

The truth is, we could literally go sideways-ish all the way up until the year of the next halving. A long ways away for sure. I mean, even during this summer, volume was pathetically low by prior yearly standards. Right now it's pathetically low again.

If anyone is just into Bitcoin for the fireworks, they may want to look elsewhere for a more exciting investment.

The chance of btc staying in the 10k to 11k range from now to 2024 is under 5%.

First holy covid batman ! Ie covid is not done yet.

Second the world has been able to shut down so many businesses over covid it is stunning.
Not the USA not China not India the entire world has been shutting down and killing off many many many businesses. So what to do?

I THINK the cooperation shown by many many countries has shown that they could choose to shut down the internet if they want to.  

This first part of your post makes sense...  and I almost sent an smerit, merely based on this making sense kind of thingie.

This is very interesting concept that truly makes digital coins look weak. If you were Elon  Musk or any super wealthy person you are going to get around this weakness or simply not sink a lot of money into BTC.

The conclusion that you make seems detached, as if you don't even understand what the fuck bitcoin is.

Are you spending too much time translating Eth in to BTC that you forgot how BTC is distinguishable from any kind of other coin?

I am not trying to be argumentative Phillip, but sometimes it seems that you are failing to appreciate some multifaceted aspects of bitcoin, and surely, I am not taking for granted that bitcoin is not going to continue to be challenged in a variety of ways.. but merely because bitcoin has a lot of present and future struggles should not necessarily mean that we should be focusing on the obstacles rather than appreciating a lot of the progress that it has already made in terms of  a lot of the networking effects and building that has already been accomplished and is also reflected in its ongoing bullish price and as a kind of check against the various problems of traditional money and governmental systems.

Surely bitcoin is not going to solve all of the problems, but surely bitcoin is a contender in this whole space that is going to help to make and to keep traditional institutions more honest than they otherwise had been incentivized to be.

[Biodom]

My 2c about Saylor's buy of $425 mil in btc.

Contrary to everybody's enthusiasm, I found it troublesome.

1. The smart way of buying would be buying calls, then be aggressive, not making 20K tiny tx. If you have calls, then you don't care much if market moves or not as a result of your buying.

2. How he was able to find $425mil sellers without moving a market? It's not like all other buyers and sellers disappear.

Something does not compute.
To me this is an indication that market has some re-hypothecated btc and large portion of the volume is such "imaginary" btc.
It does not matter that he was able to withdraw. It simply means that they re-hypothecated even more and injected those back to exchanges.

[philipma1957]

My 2c about Saylor's buy of $425 mil in btc.

Contrary to everybody's enthusiasm, I found it troublesome.

1. The smart way of buying would be buying calls, then be aggressive, not making 20K tiny tx. If you have calls, then you don't care much if market moves or not as a result of your buying.

2. How he was able to find $425mil sellers without moving a market? It's not like all other buyers and sellers disappear.

Something does not compute.
To me this is an indication that market has some re-hypothecated btc and large portion of the volume is such "imaginary" btc.
It does not matter that he was able to withdraw. It simply means that they re-hypothecated even more and injected those back to exchanges.

I suspect the exchanges of the world have 10 to 20% of the coins they claim to have.

I imagine most volume is based on reserves they dont actually have.

[JayJuanGee]

~snip

From here on out, no more meaningless memes, Toxic... You fuck.  

I am merely a conduit...for this message.. so don't shoot me...

 Seriously JJG? You're not familiar with candy corn?  Can you not see how happy that little guy is?!
I'm pretty sure the reason he's happy is that there's a special version of him just in time for the Full Beaver Moon!

https://www.brachs.com/products/halloween/turkey-dinner-candy-corn.html

mmmm! corn

That's what really takes the steam out of the sails of a guy, gal or bot.

Toxicmoxic can never do no wrong.

It's as if he were the favorite progeny of the WO (except for bawb don't like him, but even bawbie wobbie recently kissed his lil pinky ring to make amends.. not sure about if homo or no).

No matter the meme that comes out of the send button of toxicmoxic's keyboard, or even if he pastes random imaginary shadow-like figures on indecipherable lines drawn on quasi-charts, it makes sense each of the WOs, and just jives with every last of the vibes of the masses of peeps.. seeming to make the world a more harmonious and synchronized with the blockspace.

Al contrare, whenever the lesser favorite(namely yours truly) posts any kind of seeming to be clairvoyant illustrative message none of the WO that be claim to understand such insightful profundities.

Essentially, seems like trying to piss up a rope... which could well mean that the time has come for pee pics... rather than batman slaps.  

Don't stop the memes JJG don't listen to wha toxic had to say with his meme.
You are mememaster yoda like kermit in a jedi robe! Remember that for life.

There's hope.

Seems that one wall observer peep understands my memeriology practices.

Weeeeeeee!!!!  

Back in business,

......as if nuttin had ever happened.

 


Like water off of a duck's back!!!!!!



Quack.... quack.

I THINK the cooperation shown by many many countries has shown that they could choose to shut down the internet if they want to.  This is very interesting concept that truly makes digital coins look weak. If you were Elon  Musk or any super wealthy person you are going to get around this weakness or simply not sink a lot of money into BTC.

You can't be serious? The wealthy cabal depends on internet services companies Apple, Google, Amazon, Microsoft, PayPal, eBay, all the cloud-based services companies, etc. Stock markets depend in the internet. Governments and militaries around the world depend on the internet up and running 24/7/365.

So not a chance in hell. Plus the internet was *designed* to be decentralized and disaster proof.

haahahahaha

Wow.. a conspiracy gone way too far, if even Torque does not believe it is plausible.  


 

[Biodom]

My 2c about Saylor's buy of $425 mil in btc.

Contrary to everybody's enthusiasm, I found it troublesome.

1. The smart way of buying would be buying calls, then be aggressive, not making 20K tiny tx. If you have calls, then you don't care much if market moves or not as a result of your buying.

2. How he was able to find $425mil sellers without moving a market? It's not like all other buyers and sellers disappear.

Something does not compute.
To me this is an indication that market has some re-hypothecated btc and large portion of the volume is such "imaginary" btc.
It does not matter that he was able to withdraw. It simply means that they re-hypothecated even more and injected those back to exchanges.

I suspect the exchanges of the world have 10 to 20% of the coins they claim to have.

I imagine most volume is based on reserves they dont actually have.

My sentiment: exactly.

[JayJuanGee]

My 2c about Saylor's buy of $425 mil in btc.

Contrary to everybody's enthusiasm, I found it troublesome.

1. The smart way of buying would be buying calls, then be aggressive, not making 20K tiny tx. If you have calls, then you don't care much if market moves or not as a result of your buying.

2. How he was able to find $425mil sellers without moving a market? It's not like all other buyers and sellers disappear.

Something does not compute.
To me this is an indication that market has some re-hypothecated btc and large portion of the volume is such "imaginary" btc.
It does not matter that he was able to withdraw. It simply means that they re-hypothecated even more and injected those back to exchanges.

I suspect the exchanges of the world have 10 to 20% of the coins they claim to have.

I imagine most volume is based on reserves they dont actually have.

My sentiment: exactly.

I am glad that you guys found camaraderie on that speculative feeling  -I mean - point.  

[Toxic2040]

#dyor
1h



4h

#stronghands

[Cryptotourist]

I suspect the exchanges of the world have 10 to 20% of the coins they claim to have.

I imagine most volume is based on reserves they dont actually have.

That's why I make sure, any friend who buys BTC, to take it off exchanges.
I'm literally like "if you want the price to go up, take it out from there, pronto". [that, and the "not your keys" angle]

Seems that one wall observer peep understands my memeriology practices.

Better make that two Jay.


Cowboys and aliens,
megalith observing too,
such special place.

#haiku

[tranthidung]

Clear facts about Bitcoin Yearly Lows.  

• year: Calendar year
• btcprice: Lowest price of Bitcoin each year.
• percent_change: % of changes in bitcoin price between 2 consecutive years.

Results:

• In 11 observed years (2010 to 2020), 10 years witness higher yearly low price of bitcoin. The only exception is year 2015 which has 73.3% lower price compares to the price of 2014.
• Median (interquartile range): 66.1 (13.7 - 92.5). In 50% of those years, bitcoin lowest price (yearly) increase ~66%

Raw data

Code:

     +----------------------------------+
     | year   btcprice   percent_change |
     |----------------------------------|
  1. | 2010        .01                . |
  2. | 2011         .3            96.67 |
  3. | 2012          4             92.5 |
  4. | 2013         65            93.85 |
  5. | 2014        260               75 |
     |----------------------------------|
  6. | 2015        150           -73.33 |
  7. | 2016        350            57.14 |
  8. | 2017        780            55.13 |
  9. | 2018       3122            75.02 |
 10. | 2019       3322             6.02 |
     |----------------------------------|
 11. | 2020       3850            13.71 |
     +----------------------------------+

Summary

Code:

    variable |         N      mean        sd       p50       p25       p75       min       max
-------------+--------------------------------------------------------------------------------
percent_ch~e |      10.0      49.2      53.4      66.1      13.7      92.5     -73.3      96.7
----------------------------------------------------------------------------------------------

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