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Question: What happens first:
New ATH - 43 (69.4%)
<$60,000 - 19 (30.6%)
Total Voters: 62

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26381115 times)
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JayJuanGee
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June 15, 2021, 05:33:00 PM

The first person to quote this post get to choose the new poll.

Go!  Grin

mememememe



Ps.. do I count as a "person"?  #justasking
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cAPSLOCK
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June 15, 2021, 05:40:01 PM
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This sort of thing actually pisses me off.  Because if EITHER of these guys actually spent any time giving lightning a chance they would be saying something different.

That is not to even imply they would like it.  And it most certainly is still bumpy and the UX is still not really close.  But both of these comments reveal they do not really know what it is, and have probably only noodled with it for a few moments.

A good criticism is that once the UX is seamless and just works we should not see some of these sorts of comments.  But these are two well known people in the BTC community showing their ignorant and doing slight damage to the reputation of what a LOT of people are putting serious work into. 

But Fenton's comment reveals that he has not used any recent wallets yet.  Almost all of them (both custodial, and non custodial) handle channel management for you seamlessly and in the background.  You send it Bitcoin and boom, after x confirmations you are fully up and running with a lightning channel.

Paul's comment does not even make sense.  The fact that both of these 2nd layer solutions use multisig addresses is the ACTUAL PROOF that they are indeed BITCOIN.

I especially find the whole "we should have more" whine to be atrocious.  Then BUILD it you shit.  And then "We should be more like Ripple" at the end? 






I think I have reached my limit with this sort of mindset.  It's this VC like arrogance when the "thought leader" is really just confused and in the dark.  Recently I saw Brian Armstrong touting BitClout.  Good grief.  It's this exact kind of lemming like thought.  Look at what everyone else is doing and saying.  Compare the biggest innovation, possibly in the history of mankind, to things it destroys like gold, or God have mercy RIPPLE?!?!?

I might should give Fenton a break, i don't know, but Paul COMPLETELY shows his ass. He is actually HARMING Bitcoin adoption spreading this kind of FUD.

Again, I might come off as a lightning fanboy, and maybe I am.  But I am realistic.  I think it might fail!  It could have a hideously bad vulnerability, and people could lose money.  There may be something much better in development. 

Fenton is just being ignorant, and speaking too soon.  But Paul is a fool, in my opinion.    Bitcoin in a 2/3 multisig is not Bitcoin?  Doesn't this ass promote ETH all the time too?  What's that then, bananas?  Also, I am pretty sure that is not how liquid works. 
ProfTP
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June 15, 2021, 05:48:36 PM

what is the estimated time for the peak of this cycle?

if it has the same time like in the last cycle it would be around december this year, but it looks like it will be extended a bit. so what is your guys guess?



march, april or even later?
proudhon
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June 15, 2021, 06:00:38 PM

what is the estimated time for the peak of this cycle?

if it has the same time like in the last cycle it would be around december this year, but it looks like it will be extended a bit. so what is your guys guess?



march, april or even later?

The peak of this last bull cycle was in March of this year. We don't have to guess. We know it.

goldkingcoiner
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June 15, 2021, 06:01:32 PM

BTC going up!
ChartBuddy
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June 15, 2021, 06:01:34 PM


Explanation
Phil_S
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We choose to go to the moon


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June 15, 2021, 06:01:44 PM

GO GO GO!
ProfTP
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June 15, 2021, 06:04:21 PM

what is the estimated time for the peak of this cycle?

if it has the same time like in the last cycle it would be around december this year, but it looks like it will be extended a bit. so what is your guys guess?



march, april or even later?

The peak of this last bull cycle was in March of this year. We don't have to guess. We know it.



how does it feel to see it rising right now?
JayJuanGee
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June 15, 2021, 06:07:35 PM


From Alcor's site:

Quote
Hal’s long-stated wishes were to come to Scottsdale once he lost the ability to communicate with family and friends. When that time arrived, he was flown to Scottsdale by air ambulance with his wife, Fran, at his side. Hal and Fran Finney arrived in Scottsdale, Arizona on Tuesday August 26 where Hal was checked into ICU of a hospital near Alcor where the Alcor response team was set-up and waiting.

After the family had a chance to say their goodbyes, Hal’s ventilator was disconnected and he was allowed to breathe naturally, all while medical providers ensured that he had no conscious awareness of the process. Defying doctors’ expectations, he didn’t draw his final breath until 38 hours later, shortly before 9:00 am on Thursday August 28. Immediately after pronouncement of legal death, Alcor’s standby team went into action, restoring circulation, ventilation, administering an array of medications, and initiating external cooling. Cryoprotective perfusion — to eliminate ice formation — has been completed and Hal is now undergoing cool down to -196 degC for long term storage where he be cared for until the day when repair and revival may be possible.

Hal paid for his cryopreservation through a combination of life insurance and bitcoins donated by admirers. His wife, Fran, also has arrangements for cryopreservation. She is glad to have a chance to see him again sometime in the future when they may return in restored and rejuvenated bodies.

I guess that's the ultimate kind of "cold storage". I hope he gets "reanimated" soon, although I have my doubts as to whether this is even possible.

Oh my that comes off as a horrible description of death that causes me to speculate that it may well even be more difficult to bring back someone that died in that kind of way.. versus someone who might be purposefully euthanized in a more quickie kind of fashion in order to attempt to preserve the brain in a less likely damaged - not saying that I understand the supposed scientific procedure either, except for just understanding that death involves a damaging of cells process.. and seems to be also common sense that quickie deaths have way fewer damaged cells.. at least at the time of "official/legal" death.

By the way, as I type this post, isn't supra $40k seeming even like a greater kind of "temporary" ... surely this cannot count as UPpity  (I mean $41,334.... as I type...  pffft.. what is that.. kind of ant-ish, no? not really anything, right?).. we need to be changing the number.. just to make the point that UPpity is not be the actual BTC price direction.  Get a grip guys... this not be up.. just act like you don't see anything when you look at the charts, because whatever you think that you might be seeing currently, doesn't count.  Tongue
Dakustaking76
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June 15, 2021, 06:09:01 PM

Where is proudfuck Grin

Number go up

Proudie silence  Grin
rdbase
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June 15, 2021, 06:16:42 PM

BTC going up!
Going way yyyy  upppp! Grin
I checked 10 minutes ago and it was just above $40,200.
Now it's over $41.250.
What a lovely bull run! Come on letssss go! Wink

That is some beauty of a green candle... all the way up!
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June 15, 2021, 06:26:58 PM

I doubt it's really possible "to eliminate ice formation"... too much water in the body.

My understanding of cryogenics is that all fluids are drained out of the body and replaced with a cryogenic solution, think of it as a sort of "anti-freeze" solution for this very issue.

Now of course it is rather debatable that someone can be revived in the next 20, 40, 60 years, but if you have the money, what's the risk right?

So you're saying there's a chance?   Cheesy
shahzadafzal
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June 15, 2021, 06:31:43 PM

The first person to quote this post get to choose the new poll.

Go!  Grin
mememememe

Ps.. do I count as a "person"?  #justasking

But wait a minute does bitcointalk even support ten twenty pages in poll?

Good luck infofront in compiling it.
JayJuanGee
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June 15, 2021, 06:44:46 PM
Merited by cAPSLOCK (1), Wekkel (1)

This sort of thing actually pisses me off.  Because if EITHER of these guys actually spent any time giving lightning a chance they would be saying something different.

That is not to even imply they would like it.  And it most certainly is still bumpy and the UX is still not really close.  But both of these comments reveal they do not really know what it is, and have probably only noodled with it for a few moments.

A good criticism is that once the UX is seamless and just works we should not see some of these sorts of comments.  But these are two well known people in the BTC community showing their ignorant and doing slight damage to the reputation of what a LOT of people are putting serious work into.  

But Fenton's comment reveals that he has not used any recent wallets yet.  Almost all of them (both custodial, and non custodial) handle channel management for you seamlessly and in the background.  You send it Bitcoin and boom, after x confirmations you are fully up and running with a lightning channel.

Paul's comment does not even make sense.  The fact that both of these 2nd layer solutions use multisig addresses is the ACTUAL PROOF that they are indeed BITCOIN.

I especially find the whole "we should have more" whine to be atrocious.  Then BUILD it you shit.  And then "We should be more like Ripple" at the end?  






I think I have reached my limit with this sort of mindset.  It's this VC like arrogance when the "thought leader" is really just confused and in the dark.  Recently I saw Brian Armstrong touting BitClout.  Good grief.  It's this exact kind of lemming like thought.  Look at what everyone else is doing and saying.  Compare the biggest innovation, possibly in the history of mankind, to things it destroys like gold, or God have mercy RIPPLE?!?!?

I might should give Fenton a break, i don't know, but Paul COMPLETELY shows his ass. He is actually HARMING Bitcoin adoption spreading this kind of FUD.

Again, I might come off as a lightning fanboy, and maybe I am.  But I am realistic.  I think it might fail!  It could have a hideously bad vulnerability, and people could lose money.  There may be something much better in development.  

Fenton is just being ignorant, and speaking too soon.  But Paul is a fool, in my opinion.    Bitcoin in a 2/3 multisig is not Bitcoin?  Doesn't this ass promote ETH all the time too?  What's that then, bananas?  Also, I am pretty sure that is not how liquid works.  

I am having some difficulties following you, cAPSLOCK.  You cite three dweebs who are already known to be shitcoiners as if they should be speaking more clearly about bitcoin in terms of what bitcoin has to offer versus whatever their snake-oil-salesman agenda might want to promote.  You are not incorrect about any of them speaking a lot of nonsense, and even criticizing them for "not knowing better" because each of them have the potential to be smart about bitcoin.  Roger Ver, Craig Wright and jbreher have lot's of potential to make the bitcoin case, but we do not hear any of those dweebs making the case for bitcoin, so why are we suggesting dweebs like Bruce Fenton, Ari Paul, or Brian Armstrong are much better because they are trying to have feet in multiple camps... and maybe they even believe some of the shit that they say, even though we surely can and should expect that they likely know better... but so what.. there are  lot's of disingenuine twats out there... and the three that you mentioned are already known as disingenuine twats rather than the bitcoin maximalists that you seem to be trying to make them out to be.. as if it were some kind of surprise!!!!!!! that any of them had supposedly fallen from grace.  

I don't disagree with your overall point that those guys are bunch of disingenuine dweebtwats, but aren't you, cAPSLOCK, making a strawman argument, or what?
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June 15, 2021, 06:50:29 PM

Ants are pumping in gym I guess.  Roll Eyes

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June 15, 2021, 06:53:58 PM

Ants are pumping in gym I guess.  Roll Eyes



one small step for bitcoin, a gaint step for confidence of a trend reversal
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what is this "brake pedal" you speak of?


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June 15, 2021, 06:56:43 PM

The first person to quote this post get to choose the new poll.

Go!  Grin

mememememe



Ps.. do I count as a "person"?  #justasking

well it does mention "person" and bots are not legally people yet are they? maybe R. JayJuanGee can research this more definitively?
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June 15, 2021, 06:59:42 PM

Ants are pumping in gym I guess.  Roll Eyes



one small step for bitcoin, a gaint step for confidence of a trend reversal

you mean Low and Higher Low? but it's not finished yet. L-H-HL-HH-??
JayJuanGee
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June 15, 2021, 07:01:04 PM

what is the estimated time for the peak of this cycle?

if it has the same time like in the last cycle it would be around december this year, but it looks like it will be extended a bit. so what is your guys guess?



march, april or even later?

Of course, bitcoin is not on anybody's schedule and dynamics certainly can cause surprises... just think of three tops rather than one or two..


Sure, the peak could already be in at $64,895, but more likely we are getting another peak.. and of course, it could even happen this year..

It could also drag out until the third quarter of 2022... not too likely to drag out further than that, but sure, even that is possible.

I know that I am not really being very helpful... but do I give many fucks.... . ?

hahahhahahaha..

#nohomo...


wen moon.


Oh by the way, there is a kind of maxim regarding attempting to predict price.. which probably applies to a lot of assets, and not only bitcoin.. and probably a large number of us have already heard this maxim that goes something like this.  I can tell you about how high the price will go, but I cannot tell you when it will happen, or I can tell you about when something like a peak will happen, but I cannot tell you about the price... in other words.. predicting one is way easier than attempting to predict both.. so may as well not even try... and sure, you ProfTP are ONLY asking about wen peak, and you are not even asking for how much that peak is going to be.. so surely that is a pretty easy thing to answer since it is ONLY asking about the when and not about the quantity, right? 

I am still not going to attempt..... . .but I will tell you a year or so after it had already happened.. and I will say:  " I am thinking that was the peak for that last bullrun.." so probably, if I am still alive or if the less than 1% of an afterlife ends up playing out as "yes", I will be able to reveal my confirmed thinkenings on that somewhere between the end of 2022 and the third quarter of 2023... hahahahaha   Wink



You will thank me later for such guidance, if you are able to get over your anger.
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June 15, 2021, 07:01:26 PM


Explanation
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