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

[JayJuanGee]

yeah sorry jay I said crypto, because reasons, don't have a hissy

you shouldn't say my name then.   

and don't say bloody mary three times, either.   

[philipma1957]

yeah sorry jay I said crypto, because reasons, don't have a hissy

you shouldn't say my name then.  

and don't say bloody mary three times, either.  

No worries jay I won't say that word (cryp..)

but I will say this one 3 times.

doge
doge
doge

Please notice pt size is a factor of 3 

[sirazimuth]

Hey there all you Wall Observer Legendary Libertarians!!

Hot off the press bros!

https://soundcloud.com/sirazimuth/legendarylibertarians10

GO BITCOIN

[Arriemoller]

Hal Finney used $200 trillion as estimation for worldwide wealth.

He divided that number by 20 million bitcoins, and the result is $10 mil per bitcoin estimation.

Ok, sounds more reasonable, but still, Worldwide wealth doesn't matter, that's in no way a cap on any commodity.

Is there a historical example of some commodity that worth more than worldwide wealth?

I don't know, and I'm too tired to look.

Of course there no such examples.

It should be obvious:
The price of all gold in the world never exceeded the worldwide wealth.
The price of all copper in the world never exceeded the worldwide wealth.
The price of all real estate never exceeded the worldwide wealth.

Because the worldwide wealth is the sum of all that stuff.

Like I said, I don't know where Hal got his numbers and if those numbers included all commodities in the world or just all fiat money.

If all commodities are included, then yes world wide wealth will grow with the growth of the value of all commodities, if not, then see my example.
We have to agree on what Hal meant before we can take this discussion any further.

But in any of the two cases, world wide wealth is not a cap per se, or rather, in your case, it moves all the time. You can either go above it, as in my example or it will grow with the growth of the commodity thus letting the commodity go as high as it pleases.
Going above 10 mil is in any of the cases not in any way impossible.

Edited.

[Arriemoller]

@Coindesk
JUST IN: #Bitcoin 's biggest upgrade in years, Taproot, has started the activation process. If enough miners signal support before August 11, it will be online in November. @TheBlueMatt @benthecarman @bitentrepreneur
By @AsILayHodling
https://t.co/iqkPFRcA6q
https://twitter.com/coindesk/status/1388588797106036744?s=21



The forums very own achow101 ——->


@achow101
Signaling for the Taproot Speedy Trial has now begun. The first block whose signal actually counts is the next block at height 681408
https://twitter.com/achow101/status/1388586979063967747?s=21



@DocumentingBTC
#Bitcoin  Taproot activation has started!
https://twitter.com/documentingbtc/status/1388589809380335624?s=21



@DocumentingBTC
#Bitcoin  Taproot activation has started!

If 90% of blocks mined within the next difficulty period, signal for the update, (or another period before August 11th) Taproot "locks in" for November this year.
https://twitter.com/documentingbtc/status/1388590450072768516?s=21




Follow Taproot Activation progress here ——->

https://taproot.watch/

What's taproot and why do we need it?

In brief: Taproot is the first step to have many other nice things in Bitcoin Fungibility (privacy).

The ultimate goal: Cross Input Signature Aggregation, which ultimately will make every bitcoin transaction look like a conjoin.
Learn more here:

Taproot Proposal
A Treatise on Bitcoin and Privacy

Maybe it's too soon, but things started rolling quite slowly.


According to Taproot.watch only a few miners with a cumulated hashpower of little more than 25% have been signalling activation:

Thanks.

[JayJuanGee]

Hey there all you Wall Observer Legendary Libertarians!!

Hot off the press bros!

https://soundcloud.com/sirazimuth/legendarylibertarians10

GO BITCOIN

I doubt that it is going to "hit the charts" but there are a few interesting lines in there (maybe just for insiders?).. and even though I deny being very artistic, I appreciate that it likely takes a bit of time to put something like that together..

[sirazimuth]

Hey there all you Wall Observer Legendary Libertarians!!

Hot off the press bros!

https://soundcloud.com/sirazimuth/legendarylibertarians10

GO BITCOIN

I doubt that it is going to "hit the charts" but there are a few interesting lines in there (maybe just for insiders?).. and even though I deny being very artistic, I appreciate that it likely takes a bit of time to put something like that together..

If that track ever "hit the charts", god forbid, then I failed.

Its just a raw reference track btw,  all in good fun to keep myself amused(and maybe a few "insider" folks in here)in my old age. recorded on an Iphone.  nothing else.

tbh... not my best effort. And a little rough round the edges.
I think I bit off more than I could chew on this one, if you will.
I only posted it because it was somewhat on topic.
The six recently uploaded tracks preceding this one on my Soundcloud stream I like a lot better.

[Arriemoller]

Hey there all you Wall Observer Legendary Libertarians!!

Hot off the press bros!

https://soundcloud.com/sirazimuth/legendarylibertarians10

GO BITCOIN

I doubt that it is going to "hit the charts" but there are a few interesting lines in there (maybe just for insiders?).. and even though I deny being very artistic, I appreciate that it likely takes a bit of time to put something like that together..

If that track ever "hit the charts", god forbid, then I failed.

Its just a raw reference track btw,  all in good fun to keep myself amused(and maybe a few "insider" folks in here)in my old age. recorded on an Iphone.  nothing else.

tbh... not my best effort. And a little rough round the edges.
I think I bit off more than I could chew on this one, if you will.
I only posted it because it was somewhat on topic.
The six recently uploaded tracks preceding this one on my Soundcloud stream I like a lot better.

Well i liked it.

[sirazimuth]

Hey there all you Wall Observer Legendary Libertarians!!

Hot off the press bros!

https://soundcloud.com/sirazimuth/legendarylibertarians10

GO BITCOIN

I doubt that it is going to "hit the charts" but there are a few interesting lines in there (maybe just for insiders?).. and even though I deny being very artistic, I appreciate that it likely takes a bit of time to put something like that together..

If that track ever "hit the charts", god forbid, then I failed.

Its just a raw reference track btw,  all in good fun to keep myself amused(and maybe a few "insider" folks in here)in my old age. recorded on an Iphone.  nothing else.

tbh... not my best effort. And a little rough round the edges.
I think I bit off more than I could chew on this one, if you will.
I only posted it because it was somewhat on topic.
The six recently uploaded tracks preceding this one on my Soundcloud stream I like a lot better.

Well i liked it.

Thank you my friend.

[sirazimuth]

Ha! I just clicked on this one! Memories!  First ever upload 6 years ago.
Recorded 20 years ago in some wannabe producer dudes basement with a 16track digital machine for free.
And yeah,  he added that whatever drum track. I didn't have much of an opinion on it.
I just let it ride because I was like "oh cool! I'm recording my own song for free! "
He didn't even bother to turn the stupid thing off at the end....lol
Now its kind of etched permanently in time.
Oh look, it has 24 plays!  Woo hoo! I should be star on Instagram so my ego can get stroked....

https://soundcloud.com/sirazimuth/sirazimuth16tr

[Arriemoller]

Ha! I just clicked on this one! Memories!  First ever upload 6 years ago.
Recorded 20 years ago in some wannabe producer dudes basement with a 16track digital machine for free.
And yeah,  he added that whatever drum track. I didn't have much of an opinion on it.
I just let it ride because I was like "oh cool! I'm recording my own song for free! "
He didn't even bother to turn the stupid thing off at the end....lol
Now its kind of etched permanently in time.
Oh look, it has 24 plays!  Woo hoo! I should be star on Instagram so my ego can get stroked....

https://soundcloud.com/sirazimuth/sirazimuth16tr

I liked that one to

[shahzadafzal]

"This quote was just forever embedded into the #Bitcoin blockchain, on a Taproot signalling block by F2Pool."

https://twitter.com/DocumentingBTC/status/1389051148498259969

[Maidak]

Short trader, tried hard to be millionaire by catching instant Pump...    
Can you feel the pain!!  

[ivomm]

Short trader, tried hard to be millionaire by catching instant Pump...    
Can you feel the pain!! 

This is only part of the video. The whole video is
https://twitter.com/i/status/1388851458855084035

[OutOfMemory]

Ha! I just clicked on this one! Memories!  First ever upload 6 years ago.
Recorded 20 years ago in some wannabe producer dudes basement with a 16track digital machine for free.
And yeah,  he added that whatever drum track. I didn't have much of an opinion on it.
I just let it ride because I was like "oh cool! I'm recording my own song for free! "
He didn't even bother to turn the stupid thing off at the end....lol
Now its kind of etched permanently in time.
Oh look, it has 24 plays!  Woo hoo! I should be star on Instagram so my ego can get stroked....

https://soundcloud.com/sirazimuth/sirazimuth16tr

Nice track.
Bongos too much upfront and become boring soon, could have been compressed a little more "backgroundish" (shorter attack, longer release, to make them "move" a little more around, dynamically spoken). The syllables come out a little sharp, i suggest using a good de-esser (gently) and a valve-microphone (is that even the correct word?). Good enough for a basement production, though.

A (pro-) tip for future voice recordings:
When doubling voices, just leave out the sizzling (s,z,sh,x) and explosive sounds (t,p,k,b,qu), so concentrate on singing only soft sounds and vowels on the backing vocals/doublings/choruses, because you will never get all the "xplosives" synchronously. (EDIT: Unless you are Annie Lennox)
Nowadays this is done prost-recording via lots of processing and even manual shifting, but i think the "old way" also takes care of too much s-sounds adding up and getting much too harsh, so that the de-essing makes the lead singer(s) sound like they got their front teeth knocked out  
I keep hearing this on many modern pop productions, when the S's found more like F's - "like thif, for ekfample", like singing after a dental surgery.  

+1WOsMerit

EDIT: Thanks to the dude i could actually merit the post(s)  
Can't give a Like on soundcloud, though (opsec'n shit)

[El duderino_]

Hey there all you Wall Observer Legendary Libertarians!!

Hot off the press bros!

https://soundcloud.com/sirazimuth/legendarylibertarians10

GO BITCOIN

GoGo, though the artwork is still better "ATM" maybe you will improve over time  

[Parazyd]

Hello WO! Observing 58k, hoping to go back to 60+

[shahzadafzal]

Short trader, tried hard to be millionaire by catching instant Pump...    
Can you feel the pain!! 

This is only part of the video. The whole video is
https://twitter.com/i/status/1388851458855084035

Full video in ultra HD for WO only...

[OutOfMemory]

ouch, observing $58k+
Futures contracts whales getting rekt first time today?
Gotta run, see you after 2pm UTC (CME FX settlement time).

[bitcoinPsycho]

$60000 today