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

[ChartBuddy]

Explanation

[1714210335]

1714210335

[1714210335]

1714210335

[OutOfMemory]

@JJG:
Amongst the more naturally baked minds it is considered an absolute truth that reality is an "agreement".
You see, something went wrong in evolution, maybe it's temporary (i hope so), but humans generally got way more brainpower than most of them can manage, so it kinda bleeds into other activity apart of sane conclusions based on repeated observations.
Maybe (most) drugs are just a good way to tame that overshooting brain-capacity.
I wish we could power miners with that excess energy. Some day, perhaps?  

I am not even sure if we might NOT be communicating ourselves very clearly, because I am not really making any kind of claim to knowing transcendental truth/reality or even if such a thing matters very much.

No worries, looks you're healthy in regards of grasping reality. The above writing wasn't precisely about you, anyway.
I tried to elaborate more, but after three deleted drafts i gave up on it. My mind is still foggy from being sick, in addition to the usual memory limitations.

I was suggesting that some people seem to be way the hell more detached from reality than others, and when some of those kinds of people are suggesting that all truth is relative, then such claims dilute the fact that there are more plausible claims upon closer approximations of reality - without even getting to any kind of need for consensus or agreement, even though I am not going to argue that there are not a whole fucking lot of agreements in existence that started way before any of us were born, and at the same time the various agreements are a evolving phenomenon with bitcoin being a pretty big and new consensus stimulating element that did not exist prior to 2009 - at least in any kind of meaningful and widespread practicing form.

I agree.
It's a narrow path between reality and belief(s).

[alevlaslo]

[OutOfMemory]

If 'they' are setting up ~32K to be like 6.5K in 2018, then my calculations and approximations (from proportionally reduced plunges) give a bottom at 20-21K (the exact number is about 20.5K, but the whole thing is a projection and unlikely to exactly "fit").
It could be just a wick. I can handle this price without being upset.

I'd agree at the end of a bear market, but we're in the middle of a "year of the bull" already, so i would be surprised by a bottom as low as $20k-$21k.

Of course, if we go there, it means that we were in the bear market and then we would start recovering, hopefully.
It would also mean that the whole cycle was front run on the bull side.
Next cycle might not even be a real cycle since the impact of halving would be smaller and other factors (adoption) could become more important.

Sounds good enough for me, i always had the feeling of a front run, especially when i was zooming out.

[heslo]

Looks like Dorsey and his Square is going to be building a Bitcoin hardware wallet; should be interesting!

https://www.reuters.com/article/us-square-bitcoin-idUSKCN2EF04C

[OutOfMemory]

Evolution can't go wrong.

But, evolution has a goal: survival of the fittest.

We think we can influence evolution. Condoms, contraceptives and vaccines are some of our supposed influences. But, they are not really influences, because this is all part of evolution. We are all in the same system. Being smart and capable enough to invent the condom and develop contraceptives and vaccines is part of our own evolution. Evolution has brought us this far, and has favored these choices.

The fittest shall survive, while the weakest shall perish. Deal with it.

I disagree here.
Did you take murphy's law and black swan events into account?  
"Survival of the fittest" is not a goal, it's a paradigm. Survival is a goal, fitness is a key factor (and strongly relative).

[ChartBuddy]

Explanation

[Parazyd]

EU thinking of banning PoW

[AlcoHoDL]

Evolution can't go wrong.

But, evolution has a goal: survival of the fittest.

We think we can influence evolution. Condoms, contraceptives and vaccines are some of our supposed influences. But, they are not really influences, because this is all part of evolution. We are all in the same system. Being smart and capable enough to invent the condom and develop contraceptives and vaccines is part of our own evolution. Evolution has brought us this far, and has favored these choices.

The fittest shall survive, while the weakest shall perish. Deal with it.

I disagree here.
Did you take murphy's law and black swan events into account?  
"Survival of the fittest" is not a goal, it's a paradigm. Survival is a goal, fitness is a key factor (and strongly relative).

I see your point, but does it matter in the long run? Won't it all average out eventually? Unless there's a nuclear holocaust-type event that eradicates all living beings on earth.

What I find interesting is the proposition that even the human intellect itself is a product of evolution. So it's not limited only to physical attributes, although they seem to play the biggest part.

Some popular books about this:

Richard Dawkins — The Selfish Gene
Matt Ridley — The Red Queen

[ChartBuddy]

Explanation

[modrobert]

EU thinking of banning PoW

Idiots, it's like asking for a ban on vaccines when a pandemic is taking off.

Luckily I don't think there is enough time for that proposal to become law before the Euro as a currency will reach hyperinflation, by that time the only thing saving the train wreck economy is Bitcoin.

[bct_ail]

EU thinking of banning PoW

Have you ever thought about why there are more and more reports and tweets against Bitcoin? 

[ChartBuddy]

Explanation

[eXPHorizon]

The fittest shall survive, while the weakest shall perish. Deal with it.

Wrong, The Fittest Shall survive is a Manmade dogmatic ideal which was born in the Dark Times of Religion .Where every bit of progress that was not a Sword or Spear was considered Blasphemy/Witchcraft. Ima learn ya

[ChartBuddy]

Explanation

[vapourminer]

Evolution can't go wrong.

But, evolution has a goal: survival of the fittest.

We think we can influence evolution. Condoms, contraceptives and vaccines are some of our supposed influences. But, they are not really influences, because this is all part of evolution. We are all in the same system. Being smart and capable enough to invent the condom and develop contraceptives and vaccines is part of our own evolution. Evolution has brought us this far, and has favored these choices.

The fittest shall survive, while the weakest shall perish. Deal with it.

human evolution has brought us to the point where we change the environment to suite us rather than us having to adapt and evolve to the environment. and we are currently the apex predator. so human evolution has more or less ceased as we know it as there is no real need right now.

well at least until we all evolve gills for breathing when the planets under water or whatever the latest doomsday climate thing is.

[eXPHorizon]

Evolution depends on what we are doing. If we are in war for 10000s of years there is hardly going to be any Evolutionary Progress cause those Genome pool that was favorited by Evolution usualy got exterminated and progress put into stagnancy. We are certanly using our Brainpower more than anytime in our Recorded History (Thanks to the Founding Fathers) which does pose a question, is this Evolution we are finaly Witnessing? And how great can human kind become if we focus more on progressing our Being beyond the Primitive Ruleset that is bugging us for thousands of years




Thank you Founding Fathers , without you we would not be able to look at these Beautiful screens and talk about Digital Currency in a interconnected electrical grid. Because if you didnt do what you did we would still be waging wars with swords and bows for old farts that got nothing but Hate and Misery in their hearts.

[AlcoHoDL]

Evolution can't go wrong.

But, evolution has a goal: survival of the fittest.

We think we can influence evolution. Condoms, contraceptives and vaccines are some of our supposed influences. But, they are not really influences, because this is all part of evolution. We are all in the same system. Being smart and capable enough to invent the condom and develop contraceptives and vaccines is part of our own evolution. Evolution has brought us this far, and has favored these choices.

The fittest shall survive, while the weakest shall perish. Deal with it.

human evolution has brought us to the point where we change the environment to suite us rather than us having to adapt and evolve to the environment. and we are currently the apex predator. so human evolution has more or less ceased as we know it as there is no real need right now.

well at least until we all evolve gills for breathing when the planets under water or whatever the latest doomsday climate thing is.

Exactly. The beauty of it is that what you're describing has happened as a result of evolution. We think we can affect evolution, but it's evolution that has brought us here, and will take us further. "Survival of the fittest" is essentially "survival of the capable, the smart, and those who can get it". Those who choose to wear tin-foil hats will be pushed aside and die off.

[seljo]

EU thinking of banning PoW

Have you ever thought about why there are more and more reports and tweets against Bitcoin?  

Nope. Already got bitcoin and it's 10 years old today.

P.S. Thank you DeepBit!

[ChartBuddy]

Explanation