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

[marcus_of_augustus]

https://www.gmanetwork.com/news/news/nation/798267/venezuela-to-slash-six-zeroes-from-currency-central-bank/story/

Venezuela will slash 6 zeros from it's fiat currency in a revaluation that divides nominal value by 1 million

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[JayJuanGee]

[img=width=200]https://i.ibb.co/2tmJNzs/C2-CF56-A9-8936-4-CB4-86-D5-713592-F17723.jpg[/img]

Comes from Tuur Demeester

Always good content

I would like to merit this, but his assessment of 'All other crypto' for #2 Medium of Exchange completely killed it for me.

1. For example just look at Ethereum, the transaction fees are completely off the charts and unaffordable.

2. You can't spend the thousands of shitcoins out there anywhere, on anything.

These 2 things alone make 'All other crypto' worse than Fiat as a medium of exchange.

The chart is wrong.

"All other crypto" means every coin other than BTC.

Not to cheer for LTC

But if you need to move coins LTC is cheap fast and secure.

I DO not hold much LTC. BUT IF btc fees are high which they can be and if the send is bigly say 10 Btc sending via LN network has risk.

Send 400 Ltc wallet to wallet is safer and fast and cheap.

So it is a false chart.

I am pro btc. I hold the vast amount of my coin in btc.

I HODL 300 X btc than ltc.

But false charts do not help btc. And the chart is false.


Comments please

Seems like we devolve down the shitcoin bullshit never-ending nonsense rabbithole were we to get into comparing and contrasting which shitcoin happens to be less shitty than another.

Comparative shitcoin talk could not be even close to being on topic in these here parts, could it, even if there were to happen to be some potential that valid claims could happen to be made regarding which shitcoin happens to be less shitty on this particular feature than that feature, etc etc and blah blah blah?  

https://www.gmanetwork.com/news/news/nation/798267/venezuela-to-slash-six-zeroes-from-currency-central-bank/story/

Venezuela will slash 6 zeros from it's fiat currency in a revaluation that divides nominal value by 1 million

Wowza!!!!!

If none of us happens to know inflation, that sounds like inflation for reals.

[marcus_of_augustus]

AML/KYC laws that G7 FATF (financial action task force) has strong-armed into criminal law all over the globe are being abused by (corrupt?) authorities to spy, surveill and target political opponents
https://www.reuters.com/article/uk-finance-fatf-consequences-specialrepo/special-report-how-a-little-known-g7-task-force-unwittingly-helps-governments-target-critics-idUSKBN2F616V

... file under goverment idiots causing disastrous unintended consequences when over-reaching and misusing technogy outside it's design purpose ( money is not a surveillance/political tool, it is an economic good)

... e.g. even an idiot knows you shouldn't use a keyboard to hammer in nails, you might like to but ...

[ChartBuddy]

Explanation

[marcus_of_augustus]

https://www.gmanetwork.com/news/news/nation/798267/venezuela-to-slash-six-zeroes-from-currency-central-bank/story/

Venezuela will slash 6 zeros from it's fiat currency in a revaluation that divides nominal value by 1 million

[suchmoon]

https://www.gmanetwork.com/news/news/nation/798267/venezuela-to-slash-six-zeroes-from-currency-central-bank/story/

Venezuela will slash 6 zeros from it's fiat currency in a revaluation that divides nominal value by 1 million

Barely 3 years after getting rid of 5 zeros.

[ChartBuddy]

Explanation

[marcus_of_augustus]

https://www.gmanetwork.com/news/news/nation/798267/venezuela-to-slash-six-zeroes-from-currency-central-bank/story/

Venezuela will slash 6 zeros from it's fiat currency in a revaluation that divides nominal value by 1 million

Barely 3 years after getting rid of 5 zeros.

... inflation is an inherently socialist form of monetary policy since the net effect is to socialise the spending/risks across the society holding that monetary instrument

[sirazimuth]

Yet another exciting step in the ongoing search for extraterrestrial life.

Astronomers took a look at three very promising nearby exoplanets using the world's most advanced visible-light astronomical observatory and made some incredible discoveries.

The three exoplanets, similar to those found in our inner-solar system, circle a nearby star called L98-59. It turns out that one of them is only half the mass of Venus (making it the exoplanet with the lowest mass ever measured using radial velocity detection). The second planet turned out to be an ocean world, and the third planet orbits its host star within the habitable zone.

On top of all this, the team may have found two additional "hidden" exoplanets that had not previously been spotted in this planetary system. They discovered a fourth planet and suspect there is also a fifth at the right distance from the star for liquid water to exist on its surface.

The team hopes to further study the promising L 98-59 system in the future with the help of the upcoming James Webb telescope and the Extremely Large Telescope (currently under construction in the Atacama Desert).

The latter is unlikely to be finished before 2027 but is ideally suited for exoplanet research as it may be powerful enough to study the atmospheres of some of the exoplanets in the L 98-59 system.

Altogether we live in exciting times when it comes to exoplanet discoveries. We, for one, are very excited about future research into this captivating star system.

What amazes me is how they can make these inferences (mass and temperature and hence whether liquid water possible)
on tiny specks of mass, (relatively speaking) light years distant, doing nothing more than analyzing data of wavelengths of photons that land on there optical instruments.
(or something like that. You get the idea...science is awesome)

[ChartBuddy]

Explanation

[HI-TEC99]

Yet another exciting step in the ongoing search for extraterrestrial life.

Astronomers took a look at three very promising nearby exoplanets using the world's most advanced visible-light astronomical observatory and made some incredible discoveries.

The three exoplanets, similar to those found in our inner-solar system, circle a nearby star called L98-59. It turns out that one of them is only half the mass of Venus (making it the exoplanet with the lowest mass ever measured using radial velocity detection). The second planet turned out to be an ocean world, and the third planet orbits its host star within the habitable zone.

On top of all this, the team may have found two additional "hidden" exoplanets that had not previously been spotted in this planetary system. They discovered a fourth planet and suspect there is also a fifth at the right distance from the star for liquid water to exist on its surface.

The team hopes to further study the promising L 98-59 system in the future with the help of the upcoming James Webb telescope and the Extremely Large Telescope (currently under construction in the Atacama Desert).

The latter is unlikely to be finished before 2027 but is ideally suited for exoplanet research as it may be powerful enough to study the atmospheres of some of the exoplanets in the L 98-59 system.

Altogether we live in exciting times when it comes to exoplanet discoveries. We, for one, are very excited about future research into this captivating star system.

Maybe it would be better if extraterrestrial life doesn't find us.

[vapourminer]

Maybe it would be better if extraterrestrial life doesn't find us.

especially now that the The Doctor has turned all politically correct and "woke" whatever the fuck that means.
the daleks would roll right over her cuz "reasons".

sorry for OT but im an olde skoole dr who fan since the beginnings, William Hartnell forever.. current show is actually offensive to some old timers like meself. sigh..

yeah.. thunderbirds, original '60s dr who.. im dating myself lol.

[HI-TEC99]

...current show is actually offensive to some old timers like meself. sigh..

I haven't watched it. The recent stuff sounds so crap that I'll take other people's word for it, and not bother watching.

This is what daleks should look like.




And this is probably what they look like today.

[Richy_T]

sorry for OT but im an olde skoole dr who fan since the beginnings, William Hartnell forever.. current show is actually offensive to some old timers like meself. sigh..

yeah.. thunderbirds, original '60s dr who.. im dating myself lol.

Tom Baker was my guy. The new stuff was passable but no longer...

[ChartBuddy]

Explanation

[Hueristic]

[sirazimuth]

Well I'm an old fuddy duddy boomer Dr Who fan  (the old ones of course) , so I better chime in...

EXTERMINATE!!
EXTERMINATE!!

Lets be honest, low budget cardboard cut out monsters on a primitive set were good back in the day, no denying,
but gotta move with the times, and not  be stuck in a timelord time warp, yeah?
Some of the new updated stuff is really good, imo.

[ChartBuddy]

Explanation

[Toxic2040]

[vapourminer]

Well I'm an old fuddy duddy boomer Dr Who fan  (the old ones of course) , so I better chime in...

EXTERMINATE!!
EXTERMINATE!!

Lets be honest, low budget cardboard cut out monsters on a primitive set were good back in the day, no denying,
but gotta move with the times, and not  be stuck in a timelord time warp, yeah?
Some of the new updated stuff is really good, imo.

special fx wise its great now, sure. but the original Hartnell/Troughton era with the rubber suites with zippers visible and wiffle balls glued on and such were half the charm and i was a wee children at the time. nothing better to a kid like me.

but he stories were the thing. real character development, even on the extras characters.

The Talons of Weng-Chiang is one of my fave of all time. great story, Baker at at his best, with Leela (another fav, aside from Sarah Jane) is in fine form too. and great support cast.

and now we have..... sheeeeeit trying to blot it from my mind.