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

[jojo69]

[1714833599]

1714833599

[nullius]

[Vandals]

Something made the Romans so weak that they could suffer external conquests which, in better times, they could have resisted.  Moreover, something so debased the Romans that they allied themselves with various barbaric (= ‘foreign’) tribes who were essentially their enemies—to the point of becoming militarily dependent on the very same people as from whom they desperately needed military protection.  The Late Western Empire was essentially a story of a weak Rome clinging to treaties with Goths, Huns, Vandals...

That something then spread from the conquered to infect the healthier conquerors.


Meanwhile, the downfallen (replacements of the) Roman upper classes had stopped caring.  Jesus was coming any day, now; so of what import were mere worldly events?  Repeated invasions only proved that the Apocalypse was nigh.

[Dabs]

there is no life beyond this world

That may or may not be true. I am leading my life on the assumption or possibility that there may be. If there isn't any, then I'd have lost nothing and lived a good life. It's my fire extinguisher.

[vapourminer]

For the history buffs, it is thought that Justinian plaque (most likely caused by plaque bacteria- Yersinia pestis) finished the Roman empire.

i thought the lead they used to line aqueducts and containers and such had some influence too. long term lead poisoning.

[criptix]

there is no life beyond this world

That may or may not be true. I am leading my life on the assumption or possibility that there may be. If there isn't any, then I'd have lost nothing and lived a good life. It's my fire extinguisher.

The atoms which you are made of will live on until the big rip.

(At least i think that is the scientific consensus right now.)

[JayJuanGee]

Schnorr and Taproot Upgrade Proposal Merged Into Bitcoin Core.

The implementation of the Schnorr/Taproot consensus rules has been merged into Bitcoin Core. However, the upgrade's activation method has yet to be determined.

The pull request was originally created by Bitcoin Core contributor Pieter Wuille on September 13th and has gone through extensive review and testing over the past month. Over 150 developers also participated in a 7-week review club for the proposal which was led by Anthony Towns back in November of 2019.

This upgrade has been highly anticipated due to its potential to increase Bitcoin’s smart contract capabilities while simultaneously benefiting its transactional privacy.

God save us from any upgrade's activation method debate! I am not ready for a segwit, no2x, big block kind of drama now. We have other things to do.  

Like what?

Sit around twittling our thumbs?


 

Sorry, Jay, Royal We was used there.  

Oh.    Now, the sentence makes MOAR senses.

[edited out]

Very merit’able post..... I see a big decrease in words by JJG, lot of merit in that

I am going to proclaim that I post as many words as needed.    


 

Price goes down, less words. That's math & science dude.

I would NOT characterize BTC prices as "going down", exactly... more like stuckity...  half way up...

If the BTC price were going down, for example, I would have some buy orders filling in recent times.

My personal evidence, which seems to be based on the BTC prices, has been that in the past month and a half, I have ONLY had one BTC buy order fill - and I had five sell orders fill..... which to me, adds up to that the BTC prices have largely been going up more than down, even though such UPpity has been a wee bit slowity.  

[Syke]

I am leading my life on the assumption or possibility that there may be.

How can you do that if you do not know what actions in life reap rewards in afterlife?

[Toxic2040]

evening charts

#dyor

pressure increasing as we rub into the top(or side in this case)of the cloud
4h



upwards pressure shown by the rising tenken sen     just remember that vertical surfaces are slippery...in both directions       something to keep in mind
D



not a lot to see out there..continuation pattern extends well into November it seems
some will try and gather liquidity towards the end of the month I suppose          just weakhands trying to make themselves feel better maybe           all ahead standard
D w/doubled cloud settings

#stronghands

[strawbs]

I am leading my life on the assumption or possibility that there may be.

How can you do that if you do not know what actions in life reap rewards in afterlife?

The actions alleged by some to reap rewards in a potential afterlife are generally those which reap rewards in this life.

Summarily: don't be a dick

[nullius]

It is sad that from all that I said, this was all that was picked out:

there is no life beyond this world

That may or may not be true. I am leading my life on the assumption or possibility that there may be. If there isn't any, then I'd have lost nothing and lived a good life. It's my fire extinguisher.

Pascal’s Wager means that Pascal was a bad gambler.

A good life—according to whom?

Having lost nothing is at best arguable, whereas some of the major religions define “goodness” in a way that is inimical to life on this Earth.  Observe the decline of the Romans—or of the modern world.

I am leading my life on the assumption or possibility that there may be.

How can you do that if you do not know what actions in life reap rewards in afterlife?

In this context, the inevitable answer must be the commandments of some god or another.

Which one?  (If any answers that he thinks the answer is obvious, then he has constructed a circular argument that uses his existing beliefs, accepted on faith, as a premise upon which to argue for his beliefs.)

The actions alleged by some to reap rewards in a potential afterlife are generally those which reap rewards in this life.

Summarily: don't be a dick

Not much of a philosopher, are you.

[Rockbox1]

I did exactly that. I told no one, for fear of being thought insane. Even I thought I had gone a little crazy.

I have no regrets though, even when I was down 50% in the first few years. Worth it.

Was there a final clue or push that gave you the courage get up and do it, financially move to Bitcoinlandia?


What did you think of this:

https://www.citadel21.com/why-the-yuppie-elite-dismiss-bitcoin

[Toxic2040]

I did exactly that. I told no one, for fear of being thought insane. Even I thought I had gone a little crazy.

I have no regrets though, even when I was down 50% in the first few years. Worth it.

Was there a final clue or push that gave you the courage get up and do it, financially move to Bitcoinlandia?


What did you think of this:

https://www.citadel21.com/why-the-yuppie-elite-dismiss-bitcoin

is there even such a thing as yuppies anymore?  that seems so nineties 

for me personally..financial sovereignty plain and simple

have a smerit anyway for joining the party



----------


re:poll

[Syke]

The actions alleged by some to reap rewards in a potential afterlife are generally those which reap rewards in this life.

Summarily: don't be a dick

With things like tapeworms, childhood cancer, etc., maybe God likes dicks. Or maybe he wants only the strongest to survive, so we should kill the weakest among us.

[DaRude]

You want to talk politics...fine...but I am not interested in the current choice of two "pensioners".

What I am interested is:

1. Is this the decline era for the US "empire"?
2. If no...nothing. If yes, then would that decline be more like the decline of the British Empire (BE) or more like the decline and fall of Rome?
3. If like BE, then...nothing. If like the decline and fall of Rome, then we could be up for a few decades to few centuries of unpleasantness (Dark Ages II).
For the history buffs, it is thought that Justinian plaque (most likely caused by plaque bacteria- Yersinia pestis).
Maybe something rhymes here.

What's your take?

I suspect the US will slowly decline and be superceded by China, and the effects will be similar to those experienced by Britain after its decline in the 20thC and subsequent succession by US. The British are still pretty comfortable though, in terms of per capita GDP and standard of living. So while the US might decline, it will be slow enough not to affect its citizens for a few more generations, and even then it may not be very dramatic.

Or war. Always a possibility probability guarantee over time.

Once a person doesn't have to think about feeding himself, he starts thinking how to free himself. Whats the point of having money but living in a dystopian society, you have all the hookers and blow in the world but can't use it cause the state is monitoring your every step. They won't be able to forcefully change the "make your money and leave" attitude, think the rich would need something less totalitarian.

[Rockbox1]

What did you think of this:

https://www.citadel21.com/why-the-yuppie-elite-dismiss-bitcoin

is there even such a thing as yuppies anymore?  that seems so nineties 

for me personally..financial sovereignty plain and simple

have a smerit anyway for joining the party

That article helps me understand why smart people still ain't getting it. Why Saylor breaks from the herd while Quants and Hedgies are still dragging their feet.  Why a few guys like Torque make the big move while most are Bitcoin tourists. 

Still early, expecting a long stubborn melt-up.

P2P is for peasants. /s

[nullius]

The actions alleged by some to reap rewards in a potential afterlife are generally those which reap rewards in this life.

Summarily: don't be a dick

With things like tapeworms, childhood cancer, etc., maybe God likes dicks.

That invokes the basic problem of theodicy:  Omniscient, omnipotent, benevolent—pick two at most.

To my knowledge, the argument was first set forth in 1436 by Laurentius Valla in De libero arbitrio.  (To avoid being burnt at the stake by the love of merciful Christians, Valla used a “Two Truths” style argument to pretend that he was impugning Apollo, not the Christian deity.)

Whence evil?

• If a monotheistic God himself created evil and is the prime cause of evil, then he may be omniscient and omnipotent, but not infinitely benevolent.
• If God cannot stop evil, then he may be omniscient and benevolent, but not omnipotent.
• If God lacks the foreknowledge needed to stop evil events from occurring, then he may be omnipotent and benevolent, but not omniscient.
• Evil exists, as you will observe.  Thus, God himself wills it—and/or God is powerless to intervene against it—and/or God does not know the future, such that he can stop evil from occurring.

Despite all the volumes of argumentation that have been spent by theologians tying themselves in knots over it, this logical trap is insuperable:  An omniscient, omnipotent, benevolent god cannot exist.

Not all religions suffer this problem—to the contrary, it is a theological failure only suffered by monotheisms that allege a benevolent God.  (The ancient Greeks never claimed that Apollo was omnipotent, omniscient, or particularly benevolent—zero for three; thus, Valla’s excuse was clearly spurious.)

Or maybe he wants only the strongest to survive, so we should kill the weakest among us.

Eh, just because.  I will quote “chapter and verse” from the greatest ethicist of the past two thousand years.

2.

What is good?— Whatever augments the feeling of power, the will to power, power itself, in man.

What is evil?— Whatever springs from weakness.

What is happiness?— The feeling that power increases— that resistance is overcome.

Not contentment, but more power; not peace at any price, but war; not virtue, but efficiency (virtue in the Renaissance sense, virtù, virtue free of moral acid).

The weak and the botched shall perish: first principle of our charity.  And one should help them to it.

What is more harmful than any vice?— Practical sympathy for the botched and the weak— Christianity...

It is actually quite Bitcoinian:  If you lose your keys, you perish.  Not your keys, not your coins.  No sympathy.

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.

[bitebits]

https://www.coindesk.com/blockstream-launches-bitcoin-mining-farm-with-fidelity-as-early-customer

These machines on average have an electricity consumption of about 3 kWh per unit with a hashing power of around 55 terahashes per second. That could add about six exhashes per second to bitcoin network’s computing power (1 exhash = 1 million terahash).

[...]

running the BetterHash mining protocol. Introduced in 2014 by Blocskstream project OpenHash, BetterHash decentralizes mining pool decisions, such as which block to mine, to individual owners.

Adding between four to five percent to the current hashrate and supporting BetterHash by TheBlueMatt (!).

[Arriemoller]

Has Bob shot his load?
I was hoping to taste some
I think he is dry

#nohomo
#haiku

My load is quite small
but just as tasty as Bobs
here you go  brother

[VB1001]

https://twitter.com/BitcoinMemeHub/status/1317286610027728896

The Fiat Standard will be published in 2021.
In a few weeks, you will be able to subscribe to receive chapters of the book every two weeks.

https://twitter.com/saifedean/status/1317240670067806209

[LFC_Bitcoin]

Has Bob shot his load?
I was hoping to taste some
I think he is dry

#nohomo
#haiku

My load is quite small
but just as tasty as Bobs
here you go  brother

Yummy, thanks

Here’s to a weekend pump