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

[OutOfMemory]

Forgot to mention, met these two dudes at a club last night. Pretty cool guys. Said they were brothers visiting from out of town.

Maybe cool, yes, but....
...these deer knobs, though...

[Richy_T]

However his lawsuit wanting to force core developers to give him coins (as if it could work even if they did, miners would have to agree !) is quite a big hint that he can't possibly be satoshi, it's so against BTC's concept !

That he has a poor grasp of Bitcoin's concepts has been shown on multiple occasions. Having failed to dupe BTCers, he tried to be the big fish in the small pond of BCH and when even that didn't work, BSV. It's been interesting to see the knots BSVers will tie themselves into to justify his bullshit. He just keeps pushing and it's amazing to me that he has yet to come to the end of his rope.

[OutOfMemory]

Wow that’s very interesting never thought of this way. But how do they track liquid and illiquid supply?

They use figures like when BTC on a certain address were last moved. Less than a month ago (higly liquid), less than a year ago (liquid). I don't know the correct timespans, thought i read it somewhere. I was watching these figures since a couple of months, quite interesting. Illiquid supply is the sum of all BTC on the network that were mined and not moved, or bought on an exchange and never moved or moved only once (or longer times ago), to an address from which not a single Satoshi was sent to another address yet or more than n years ago. I don't remember the value of n.

Short: Bitcoins that are moved frequently are considered highly liquid, Bitcoins that are moved from time to time are considered liquid.

[Dabs]

However his lawsuit wanting to force core developers to give him coins (as if it could work even if they did, miners would have to agree !) is quite a big hint that he can't possibly be satoshi, it's so against BTC's concept !

That he has a poor grasp of Bitcoin's concepts has been shown on multiple occasions. Having failed to dupe BTCers, he tried to be the big fish in the small pond of BCH and when even that didn't work, BSV. It's been interesting to see the knots BSVers will tie themselves into to justify his bullshit. He just keeps pushing and it's amazing to me that he has yet to come to the end of his rope.

This doesn't quite sound like you, but hey, the big block coins are there for everyone to use (and sue, it seems.)

[OutOfMemory]

[brokedummy]

proudhon was right. time to pack it in before the government deletes the coins

[serveria.com]

proudhon was right. time to pack it in before the government deletes the coins

How about delete yourself from this thread?   

[proudhon]

proudhon was right. time to pack it in before the government deletes the coins

The only way to save the coins is to devalue the coins below $100 which is closer to the mathematically proven true market value and not the fake news "value" of today. At that point the government won't bother deleting because bitcoin will be in its proper, irrelevant place. If you love bitcoin, aggressively short it with maximum leverage. You'll finally earn real money, and you'll save the coin (if you care about that).

[OutOfMemory]

proudhon was right. time to pack it in before the government deletes the coins

How about delete yourself from this thread?   

Nomen est omen

[bitcoinPsycho]

proudhon was right. time to pack it in before the government deletes the coins

The only way to save the coins is to devalue the coins below $100 which is closer to the mathematically proven true market value and not the fake news "value" of today. At that point the government won't bother deleting because bitcoin will be in its proper, irrelevant place. If you love bitcoin, aggressively short it with maximum leverage. You'll finally earn real money, and you'll save the coin (if you care about that).

That doesn't negate the fact your wallpaper is rubbish

[lightfoot]

If I accidentally deposit $1000 to your account, I cannot just say to the bank "I'm sorry, I made a mistake, I want my $1000 back". I have to contact you and kindly ask you to send the money back to me, and you can refuse to do so for whatever reason.

Depending on who you are, you certainly can. Hence Bitcoin.

Correct. If you have an unexpected windfall at a bank (error transfer) that is classified as "not reasonable" then yes you have to give it back. Sucks, but that's life. Now if you deposit extra money to pay a debt in error then the holder of the debt does NOT have to give it back as it is a payment against the debt.

Bitcoin fixes the above issue.

That said, if someone dropped 100btc into my account by mistake I would refund it. Because it's the right thing to do and laying claim to something that isn't mine would corrupt my soul. That's worth way more than 100btc to me.

[OutOfMemory]

Should be easy.
If i sell all my holdings, bitcoin will moon, mars, sol and then andromeda.
PM me your offers  

[Torque]

Forgot to mention, met these two dudes at a club last night. Pretty cool guys. Said they were brothers visiting from out of town.

Daaammn...Milli Vanilli have not aged well.

[yefi]

Personally, I believe that you are convoluting the problem when you frame the matter like that.

Many of us who may have considered the matter of nutrition in any kind of meaningful way would have come across sources of information that shows that a lot of the problems with food supply come from various kinds of processing of foods and stuffing of ingredients to make cheaper and screwing around with oils to make various kinds of artificial oils.  The man made meat is likely to suffer from some of the similar kinds of processing issues, even though they are going to try to frame it as if it almost like the same thing and grown from a petri-dish so therefore even better than real meat... blah blah blah.

Sure, but this is not a problem with artificiality, it is a problem with production values. The artificial doesn't necessarily have to be inferior to the natural, and where the right values are demanded, can even be superior. Algae oil grown in a lab, for example, can be a cleaner source of Omega-3 than eating fatty fish every day, because of persistent organic pollutants that bioaccumulate in the food chain.

Will the shitburger you suggest come about? Alas, unless there is a change to the general scheme of incentivisation for producers it is almost inevitable. Perhaps one might argue that the natural is heuristically better than the artificial because it places a constraint on the producer not otherwise existing. There's also a conservative argument against the novel because of unintended consequences.

[paxmao]

However, where is hyperinflation in Japan that started supporting market with printed money at least since 1992-1993 (3-4 years after their 'bubble' started collapsing)?
As long as money velocity stays low, we will not have high inflation.

Look Biodom, I've seen you make this statement more than once on this thread.

Respectfully, you're wrong.

https://www.shadowstats.com

https://chapwoodindex.com/

The way the Fed calculates CPI is just complete bullshit. It's a fraud.

Well, there is no inflation in Japan, that's all i was talking about.
I would not argue with an opinion that inflation in US is much higher than the official number. You are absolutely right.
However, wage inflation is low-that's a fact, and that is the whole underlying theme that is supporting discontent.
Since actual inflation is higher than wage inflation, the living conditions for an average Joe are going down even with their salary raises.

The only way to escape this was to own assets in the last 20-30 years.
Realistically, inflation is probably about 10 maybe 15% (yearly). You have to beat that.
All I am getting at-you have to be invested (stock market, RE, bitcoin) to have a chance.
When wage inflation would go up-then we would have SERIOUS inflation.

 You can look at the basket of goods and their weighting for the CPI in Canada.  If you want, you can customise it for your personal use as well but I think it's pretty all-encompassing.  Gasoline here has gone up $0.11 per liter in the last couple of weeks from $1.03 so if you're an Uber driver, your perception of inflation is going to be a bit skewed.  Overall, I think it's a pretty good determination -

https://www150.statcan.gc.ca/t1/tbl1/en/tv.action?pid=1810026401

 It even takes into account the cost of our recreational cannabis  

  

bought canadian pot stocks the day the vote went for B.
They are up 100-200% since  

 Nice!  I waited too long.  I wonder when Biden makes it legal in all of USA?
 

Perhaps it will happen the same thing as with gambling... state by state they will all approve and make America High Again. (AHA)

[AlcoHoDL]

If I accidentally deposit $1000 to your account, I cannot just say to the bank "I'm sorry, I made a mistake, I want my $1000 back". I have to contact you and kindly ask you to send the money back to me, and you can refuse to do so for whatever reason.

Depending on who you are, you certainly can. Hence Bitcoin.

Correct. If you have an unexpected windfall at a bank (error transfer) that is classified as "not reasonable" then yes you have to give it back. Sucks, but that's life. Now if you deposit extra money to pay a debt in error then the holder of the debt does NOT have to give it back as it is a payment against the debt.

Bitcoin fixes the above issue.

That said, if someone dropped 100btc into my account by mistake I would refund it. Because it's the right thing to do and laying claim to something that isn't mine would corrupt my soul. That's worth way more than 100btc to me.

For large amounts classified as "unreasonable", where the sender can clearly show that they made an honest mistake, then yes, I suppose the bank can intervene and reverse the transaction, or legally force the recipient to do it. But if I accidentally deposit $1000 to an unintended account, it's not so easy. I don't think I can just call my bank and reverse it. It can probably be done, but it will take time and I wouldn't expect the bank to be so helpful, especially if the recipient is uncooperative and tells them some fake story justifying the transfer. If I know the recipient and have transacted with him before, this will make things even more difficult.

I'd also do the same as you, and return the money to the sender if there was an accidental deposit to my account, just as I would take a wallet I found on the street to the police, but not everyone in this world wants to "do the right thing" when it involves money...

Or course, Bitcoin settles this ambiguity, and puts total control on the key holder, so we'd better triple-check the addresses we sent our corn to. Fortunately, Bitcoin addresses have some level of error-checking built-in, so as to avoid sending your corn to an unintended address.

[OutOfMemory]

Green candle in less than ten minutes (or i will go to sleep).
 

[AlcoHoDL]

Green candle in less than ten minutes (or i will go to sleep).
 

Me too... This $49-50k grinding is boring AF... Maybe it's better to stop following the price so closely, and just wait for it to pick up when it will.

But, CAN WE? See, we're turning into TradeView junkies I fear...  

HoDLsleep soon (after watching a movie).

Good night WOerzzzZZZZZ...

[OutOfMemory]

Green candle in less than ten minutes (or i will go to sleep).
 

Me too... This $49-50k grinding is boring AF... Maybe it's better to stop following the price so closely, and just wait for it to pick up when it will.

But, CAN WE? See, we're turning into TradeView junkies I fear...  

HoDLsleep soon (after watching a movie).

Goodnight WOerzzzZZZZZ...

You speak my mind.
#hodlsleep

EDIT: Looks like painting a bear flag. I don't wanna see how it's going on. As always, when i'm out of fiat.

[El duderino_]

HODLsleep