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

[El duderino_]

"If Bitcoin exists for 20 years, there will be near-universal confidence that it will be available forever, much as people believe the Internet is a permanent feature of the modern world."  @real_vijay

Only 9 to go, or maybe less.

https://twitter.com/hodloncomrades/status/1313634197995573250?s=21

https://medium.com/@vijayboyapati/the-bullish-case-for-bitcoin-6ecc8bdecc1

[El duderino_]

22% of all US Dollars were created in 2020
https://twitter.com/rulesofthetrade/status/1313328194636845058?s=21

Is this real?

[OutOfMemory]

https://youtu.be/rz_Z7Gf1aRE

Worth to hear

Yes and no.
It would of course be ideal to achieve "herd immunity" but there are downsides of the procedure as well as the problem of mutation.
Like the flu, you can't actually get herd immunity, and it also does a lot of damage to the economy because of people lying sick at home, not able to work.
Herd immunity against the current circulating strains of SARS2, yes. Herd immunity forever? No. This comes at a price of taking out some % of global economic power, and it also has to be a global approach, because how could you explain country A to let people in from country B, who for example are currently herd immunizing, bringing in high infection/spreading rates? Just as a simple example of global covid complexity.

Covid is still seen too much as a national problem. It's in fact a global one, in a globalized economy, many people don't see this.
We'll have to swallow, either way. There seems to be no "best practice" for all of us.
I'm only replying to you becausAe i think you're one of the sane members on board of the WO ship  
I'll back off the discussion as soon as polarization or covid-denial posts show up

Definitely yes. I watched the whole thing, so I'll just dismiss your post, doctor.

Btw, it's a political problem. World wide social & political problem. And I surely don't deny it, nor swallow.

OK, sorry for that bad expression of swallowing #nohomo
We have to take cuts in some way. Cuts which secondary effects. It seems like these are quite ignored in most "solutions", generally.

And as politics are on the top of our "freedom", of course it's a political problem, also in the first place.

Worth to hear, not an instant solution.... reasoning....

Everybody taking a serious approach is worth to hear, correct.
There will be results, regardless of how the politics approach it. So i ask myself who is actually profiting by the one or other approach.
Virologists, Epidemiologists, Economists, Ecologists... Could they work together constructively, without political interference? I guess so, and it would likely be the "best" way.
And like CT wrote, it's the politics that would ignore them. If we weren't still so primitive in our very nature, we could probably well live together without those corrupt idiots on top that repeatedly ruin everything they put their hands on.

[600watt]

remember the last pump in July? it came out of nowhere. bitcoiners were bored to death, several months of sideways had erased all bullishness. the bullishness came back very very strong during that pump. if anyone posted that we would be stuck under $10600 in October, no one would have merited that.

August and September were sideways with a larger drop beginning of September. now everyone waits for the election. it is better to go sideways with some minor corrections for a longer time as if price would have unsustainably gotten too high (due to the July bullishness) too soon and print a double top on ath. 

if 2020 turns out to be only 25-30% gain in btc price it is not a catastrophe. year started around $7k.

if you want extraordinary gains you need to be extraordinary humble.

100k within 12 months? that is humble enough... 

[El duderino_]

[fillippone]

<...>



Saw this earlier today, I’ll wait to upgrade.

Have they got rid of that annoying false warning about block sizes? I think you’ll remember I was moaning about it ages ago.

I think it was unexpected block version, not sizes, but I am afraid not. They don't give a shit about that.
This is how I was dismissed:  
https://github.com/bitcoin/bitcoin/issues/16343#issue-464475255

How rude  

Sometimes I am scared by myself about how something get fixed in my mind.
I am answering this post from 10 months ago.
From today’s Bitcoin Optech Newsletter #118:

Bitcoin Core #19898 changes the “unexpected version” warnings in the debug log to be printed only when the validation log category is set, rather than unconditionally. Originally designed to alarm users that miners and users might be coordinating a soft fork activation using BIP9 versionbits, these frequent warnings had become spurious and were both unactionable and a source of unnecessary confusion for users. See Newsletter #36 for more information.

[eXPHorizon]

I can help you with that my psy lvl is over 9000

[Paashaas]

Bitcoin 30 day historic volatility has been falling fast and is in the 20's. In the past it has hit 20% vol 7 times. 6 times prices exploded higher immediately and vol hit 80% in a few months. 1 time (Nov 2018) prices fell sharply. Either way, a big move is coming soon.

https://twitter.com/RaoulGMI/status/1313804159301365760

[philipma1957]

https://youtu.be/rz_Z7Gf1aRE

Worth to hear

Yes and no.
It would of course be ideal to achieve "herd immunity" but there are downsides of the procedure as well as the problem of mutation.
Like the flu, you can't actually get herd immunity, and it also does a lot of damage to the economy because of people lying sick at home, not able to work.
Herd immunity against the current circulating strains of SARS2, yes. Herd immunity forever? No. This comes at a price of taking out some % of global economic power, and it also has to be a global approach, because how could you explain country A to let people in from country B, who for example are currently herd immunizing, bringing in high infection/spreading rates? Just as a simple example of global covid complexity.

Covid is still seen too much as a national problem. It's in fact a global one, in a globalized economy, many people don't see this.
We'll have to swallow, either way. There seems to be no "best practice" for all of us.
I'm only replying to you because i think you're one of the sane members on board of the WO ship 
I'll back off the discussion as soon as polarization or covid-denial posts show up

Definitely yes. I watched the whole thing, so I'll just dismiss your post, doctor.

Btw, it's a political problem. World wide social & political problem. And I surely don't deny it, nor swallow.

Yep because people choose to believe that it is political it then becomes political.

BTW it would all be solved if people simple stopped fucking for about a decade.

Once there are no babies people would start to become valuable as a limited resource much like BTC is non inflationary.

Just think as a human the single best action you can do is have any kind of sex, but intercourse.  Solves many of  the worlds problems. Actually gives power to the people not the politicians or big business.

Can you imagine the world population shrinking to a sustainable size and every simply having a lot of fun sex?

The chances of that are the chances of me picking a key at random and finding a 10 btc address.

[aesma]

He should have stayed in a country that is a bit less a puppet of the US.

Hard to find one these days... China, Russia, Iran... quality of life might suck.

Even so, eventually he'll get tired and decide to take a vacation on some tropical island, the plane lands, and FBI agents surprise him there with the handcuffs.

I suggested Cuba, it's already a tropical island, they like dollars without letting the US in, I'm sure some people there like BTC too...

And then... guilty for 'violating sanctions', like Bobby Fisher.

Sure, but Cuba isn't arresting people on US orders !

I just read about the Bobby Fisher story, the US can really be stupid when it wants. Bothering him decades after the fact for something minor like that !

Meanwhile actual criminals (killers) from Cuba are granted immunity in Florida...

[VB1001]

Kyrgyzstan’s central bank suspends SWIFT to prevent capital outflow
https://cointelegraph.com/news/kyrgyzstan-s-central-bank-suspends-swift-to-prevent-capital-outflow

One of the many reasons to have BTCitcoin

[DeathAngel]

Bitcoin 30 day historic volatility has been falling fast and is in the 20's. In the past it has hit 20% vol 7 times. 6 times prices exploded higher immediately and vol hit 80% in a few months. 1 time (Nov 2018) prices fell sharply. Either way, a big move is coming soon.

https://twitter.com/RaoulGMI/status/1313804159301365760

About time, halvening was a while ago now. I definitely see a breakout happening soon, whales have had plenty of time to accumulate, it’s time for them to stop playing, stop selling, limit supply & start the rocket.

[aesma]

https://youtu.be/rz_Z7Gf1aRE

Worth to hear

Yes and no.
It would of course be ideal to achieve "herd immunity" but there are downsides of the procedure as well as the problem of mutation.
Like the flu, you can't actually get herd immunity, and it also does a lot of damage to the economy because of people lying sick at home, not able to work.
Herd immunity against the current circulating strains of SARS2, yes. Herd immunity forever? No. This comes at a price of taking out some % of global economic power, and it also has to be a global approach, because how could you explain country A to let people in from country B, who for example are currently herd immunizing, bringing in high infection/spreading rates? Just as a simple example of global covid complexity.

Covid is still seen too much as a national problem. It's in fact a global one, in a globalized economy, many people don't see this.
We'll have to swallow, either way. There seems to be no "best practice" for all of us.
I'm only replying to you because i think you're one of the sane members on board of the WO ship 
I'll back off the discussion as soon as polarization or covid-denial posts show up

Definitely yes. I watched the whole thing, so I'll just dismiss your post, doctor.

Btw, it's a political problem. World wide social & political problem. And I surely don't deny it, nor swallow.

Yep because people choose to believe that it is political it then becomes political.

BTW it would all be solved if people simple stopped fucking for about a decade.

Once there are no babies people would start to become valuable as a limited resource much like BTC is non inflationary.

Just think as a human the single best action you can do is have any kind of sex, but intercourse.  Solves many of  the worlds problems. Actually gives power to the people not the politicians or big business.

Can you imagine the world population shrinking to a sustainable size and every simply having a lot of fun sex?

The chances of that are the chances of me picking a key at random and finding a 10 btc address.

Politics did actually achieve something similar in China with the one child policy. Of course it wasn't done by convincing people but by force. In India they're doing it unintentionally by aborting millions of girls, less wombs => less babies.

[Last of the V8s]

Before the Web: The 1980s Dream of a Free and Borderless Virtual World (Pt.1)
https://youtu.be/YWh6Yzr12iQ

MSM greybeards cypherpunks documentary, good selection of interviewees https://twitter.com/jimepstein/status/1313541954031038472?s=20



https://reason.com/video/before-the-web-the-1980s-dream-of-a-free-and-borderless-virtual-world/

[Cryptotourist]

And as politics are on the top of our "freedom", of course it's a political problem, also in the first place.

1

Everybody taking a serious approach is worth to hear, correct.

2

If we weren't still so primitive in our very nature, we could probably well live together without those corrupt idiots on top that repeatedly ruin everything they put their hands on.

3

Yep because people choose to believe that it is political it then becomes political.

I don't really agree with that statement. Cos if it were so, people would be awake - and they are not.
They're too scared to think straight and skip the bullshit, not to mention being highly manipulated.

I choose to believe that I'm Jesus fucking Christ, and (for the argument's sake) people believe that too, does that make me Jesus? NO.
I didn't choose to live in fear. [I don't]
I didn't choose to social distance. [that either]
I didn't choose to get financially rekt and have the nanny state spoon feed me. [I didn't, but only because I'm a bitcoiner]

Yet all the above were politically enforced upon us, for what? For nothing, people casually die anyway.

BTW it would all be solved if people simple stopped fucking for about a decade.

[trolling mode ON]
Hey philipma, maybe we should stop eating and drinking altogether, that would take care of things ... faster!
What are the chances of that?::Finding the keys to the Genesis block, and ... spending that block reward too.

[LFC_Bitcoin]

I got some free HOPIUM for all





@ecoinometrics
#Bitcoin  after the Halving
Oct. 07, 2020

148 days after the 3rd halving.
#BTC  at $10,631.

The volatility is getting pretty low these days...

At least you don't need to think twice about when it is the best time to stack sats. 🤷‍♂️

[Cryptotourist]

Bitcoin 30 day historic volatility has been falling fast and is in the 20's. In the past it has hit 20% vol 7 times. 6 times prices exploded higher immediately and vol hit 80% in a few months. 1 time (Nov 2018) prices fell sharply. Either way, a big move is coming soon.

https://twitter.com/RaoulGMI/status/1313804159301365760

About time, halvening was a while ago now. I definitely see a breakout happening soon, whales have had plenty of time to accumulate, it’s time for them to stop playing, stop selling, limit supply & start the rocket.

About time indeed:



Stay put, gentlemen.
Go BTC, go!

[cAPSLOCK]

So fortunately/unfortunately we can't just keep going like this...  I suppose the usual resolution is a downward break after this many tests...  But I dunno. We are not in a bear right now, I'd think.

30m (I know.. weird...)

[JL0]

"SBI Takes Over TaoTao Exchange That Just Ditched Binance"

https://cryptonews.com/news/sbi-takes-over-taotao-exchange-that-just-ditched-binance-7917.htm

Good news for Bitcoin and yearn.finance (YFI) just dumped in under 30 days from $43.678,11 to $13.855,01 its -68.1% this is very good 

[OutOfMemory]

Yep because people choose to believe that it is political it then becomes political.

BTW it would all be solved if people simple stopped fucking for about a decade.

Once there are no babies people would start to become valuable as a limited resource much like BTC is non inflationary.

Just think as a human the single best action you can do is have any kind of sex, but intercourse.  Solves many of  the worlds problems. Actually gives power to the people not the politicians or big business.

Can you imagine the world population shrinking to a sustainable size and every simply having a lot of fun sex?

The chances of that are the chances of me picking a key at random and finding a 10 btc address.

YES!!! ANAL FOR ALL!!!     #nohomo

 
Seriously:
Sex is not that simple. There are reasons why most humans prefer intercourse. Reasons almost beyond control. Neurotransmitters, hormones, endorphines...
You can't just "control" that. Life does not become simple just by looking at it in a simple way. Likewise, things don't become political because people choose to believe so.
Everything human is awfully complex. If you don't respect that, you probably never get real problems solved real well. Maybe by accident, but on the rarest of occasions, if we look at our history.

Now for the important part:
Our population never was meant to shrink. In fact, there is no "overgrow" of humans, but the sick politic and economic systems that don't work for an expanding population. These systems were made to work for a few and enslave the rest. Global food production would cover 9 billion people's needs twice. Still, look how many people are starving. A difference between Africa and America, as an example, is that people are comparably well educated, so they must be tricked into believing to be "free" (among other helpful beliefs).
The inhere sickness of servicing the few, instead of servicing the many, is the real problem of the world's politics.
And see, they already tricked you by believing that the population growth is to blame. Also, the systems are made in ways that you can't really change. You can just replace them. And that might be as a long way as it came to be like it is today. Thousands of years. And it depends on educating and training people to handle primitive motivations like greed, fear, hate from the start of life until they have grown up. Then we might eventually be able to make it work for all of us, not just a few.

See, bitcoin is solving systemic problems at the root. That's why it will win the fight, the fight that was started by the few.
This is a key example how to transfer power from the few to the many. As long as the many manage to stop fighting each other, the few will lose.
The few are well aware of that, so they manipulate the many into feeling greed, hate, fear (...) about each other.
the many can't simply take over power by trying to become like the few.

I hope you got my point, i'm feeling really bad at expressing things today  
Edited the post because of that, too.