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

[Dabs]

https://bitcoinmagazine.com/culture/bitcoin-alleviates-future-uncertainty

TL;DR - Bitcoin is the first monetary technology of its kind. It is also the last.

The seeds of global Bitcoin adoption were planted at its birth and our only job now is to water and tend to them. Bitcoin is the first money the world has ever seen and the last money it will ever see for centuries to come.

Ohh, there are a couple more linked articles, maybe interesting read too.

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[xhomerx10]

Hahaha a green dildo is missing in the Bitcoin guy's hand! Somebody fix it please!   

xhomerx10 …….

 I'm working today so it will have to wait a bit but don't stop pumping on my account!!

[JimboToronto]

Good morning Bitcoinland.

The battle for $50k rages on... currently $49661USD/$62595CAD (Bitcoinaverage).

Less than 3 weeks until autumn (N. hemisphere).

Go Bitcoin go.

I know, if Laszlo hadn't spent 10k in pizza and everyone at their time had hodled instead of putting up faucets, probably today we wouldn't be here :

Everybody remembers Laszlo and his 10kBTC pizzas but how about the British dude who paid for them with his credit card and got the coins?

Anyone except Laszlo know his name? Is he still hodling most of those coins?

It takes two to make a deal, a buyer and a seller.

Someone realized early the potential of Bitcoin and put his money there. He deserves equal credit.

[ChartBuddy]

Explanation

[Toxic2040]

Good morning Bitcoinland.

The battle for $50k rages on... currently $49661USD/$62595CAD (Bitcoinaverage).

Less than 3 weeks until autumn (N. hemisphere).

Go Bitcoin go.

I know, if Laszlo hadn't spent 10k in pizza and everyone at their time had hodled instead of putting up faucets, probably today we wouldn't be here :

Everybody remembers Laszlo and his 10kBTC pizzas but how about the British dude who paid for them with his credit card and got the coins?

Anyone except Laszlo know his name? Is he still hodling most of those coins?

It takes two to make a deal, a buyer and a seller.

Someone realized early the potential of Bitcoin and put his money there. He deserves equal credit.

+1 WOsMerit

Jeremy Sturdivant
https://www.independent.co.uk/life-style/gadgets-and-tech/bitcoin-pizza-sell-crypto-jeremy-sturdivant-b1854212.html



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charging

[Dabs]

Everybody remembers Laszlo and his 10kBTC pizzas but how about the British dude who paid for them with his credit card and got the coins?

Anyone except Laszlo know his name? Is he still hodling most of those coins?

It takes two to make a deal, a buyer and a seller.

Someone realized early the potential of Bitcoin and put his money there. He deserves equal credit.

No one remembers who the buyer dude was, but I think the coins have been analyzed and it's been dispersed through time and all or most of those 10k coins are now with everyone. Everyone has a taint of it, it just goes back all those blocks ago.

[Toxic2040]

[Dabs]

nah.. I don't block or ignore anyone. Just timing. Tomorrow no one will remember Jeremy. It's like the Vice-President...

[cAPSLOCK]

Everybody remembers Laszlo and his 10kBTC pizzas but how about the British dude who paid for them with his credit card and got the coins?

Anyone except Laszlo know his name? Is he still hodling most of those coins?

It takes two to make a deal, a buyer and a seller.

Someone realized early the potential of Bitcoin and put his money there. He deserves equal credit.

No one remembers who the buyer dude was, but I think the coins have been analyzed and it's been dispersed through time and all or most of those 10k coins are now with everyone. Everyone has a taint of it, it just goes back all those blocks ago.

I sure HOPE my coins have some pizza tainted UTXOs in them.

But I doubt it.  The majority of my UTXOs trace back to 2011-2013.  And though I move them from time to time they have not been mixed in with other coins much... they never spent much time at exchanges for example.

I am definitely a foil to the whole "days destroyed" or firm hands metrics.  For example I moved a lot of coins in to multisig addresses recently... So it looks like old coins moved.  But in reality they didn't move anywhere but to other addresses *I* control.

I will be tempted when Taproot comes all the way in to move all THESE utxos into the newer sorts of addresses then too.  And again they will only be moving technically... with no financial impact other than a few fees.

[Toxic2040]

nah.. I don't block or ignore anyone. Just timing. Tomorrow no one will remember Jeremy. It's like the Vice-President...

+1 WOsMerit

I think it will be remembered at the Wall...its in the job description I am fairly sure. Regardless a seminal moment for bitcoin.

#observer

[ChartBuddy]

Explanation

[Hueristic]

Good morning Bitcoinland.

The battle for $50k rages on... currently $49661USD/$62595CAD (Bitcoinaverage).

Less than 3 weeks until autumn (N. hemisphere).

Go Bitcoin go.

I know, if Laszlo hadn't spent 10k in pizza and everyone at their time had hodled instead of putting up faucets, probably today we wouldn't be here :

Everybody remembers Laszlo and his 10kBTC pizzas but how about the British dude who paid for them with his credit card and got the coins?

Anyone except Laszlo know his name? Is he still hodling most of those coins?

It takes two to make a deal, a buyer and a seller.

Someone realized early the potential of Bitcoin and put his money there. He deserves equal credit.

Not only that but a trace of where they have gone since then if he didn't hold would be an interesting exercise.

No one remembers who the buyer dude was, but I think the coins have been analyzed and it's been dispersed through time and all or most of those 10k coins are now with everyone. Everyone has a taint of it, it just goes back all those blocks ago.

Hah, same thought. You got a link to that analysis?

[proudhon]

Another failure to sustainably penetrate $50k while alts are getting most of the attention. This is the predictable outcome of a failed cryptocurrency. Expect to see mostly lower prices for the rest of the year (and ever).

[ChartBuddy]

Explanation

[Richy_T]

"Just the tip." -- 50k

[Dabs]

No one remembers who the buyer dude was, but I think the coins have been analyzed and it's been dispersed through time and all or most of those 10k coins are now with everyone. Everyone has a taint of it, it just goes back all those blocks ago.

Hah, same thought. You got a link to that analysis?

I can't quite find the analysis, but the closest I can find now is this article:
https://bitcoinmagazine.com/culture/beyond-the-bitcoin-pizza-price-surprising-facts-about-bitcoin-pizza-day

Jercos Eventually Sold His Bitcoin

As the Bitcoin Pizza Day holiday grew, it wasn’t long before Jeremy “Jercos” Sturdivant would be thrust back into the limelight. He’d give his only interview to a website called “Bitcoin Who’s Who” in 2015, five years after the trade.

To the likely dismay of current HODLers, Sturdivant said at the time “a currency is meant to be spent,” noting that the 10,000 BTC he received “made it back into the economy quickly” by the time they were worth about $400 in total.

...

Sturdivant added some other notable details about the transaction, which he says was finalized over IRC while noting he was just 19 years old at the time of the trade.

Anyone at 19 years old who paid $40 for something, then it was worth $400 or even $4000, that usually won't stay long with him unless he forgot about the coins and left it on some hard drive. Another story about the Swedish or Norwegian student, who hodl'd 5000 BTC and bought an apartment when the price rose to $1000 per BTC.

The original pizzas are recorded here in this website:
http://heliacal.net/~solar/bitcoin/pizza/

Laszlo said he spent 100k BTC on pizzas in the next few weeks or months as it was an open offer up until August of that year. Maybe he bought 9 x 2 = 18 more pizzas or something. If you think about it, all he did was mine it using his GPU for a few days, and he was getting maybe a few thousand coins per day. My guess is he made maybe 10 or 20 blocks solo mining per day or about between 500 to 1000 BTC per day.

[goldkingcoiner]

regulators are coming down hard on centralised exchanges with KYC/AML demands. Dex swaps cost an arm and a leg for every swap.... As I see it, either I have to pay enormous amounts of coin for trading OR I don't get to keep my data out of the hands of these "safe exchanges" that get hacked every other week and/or sell my info?

Is that about right? Anyone got advice for me?

[d_eddie]

Also, just 2 weeks ago news came out about how their police were torturing someone accused of a crime to get some money out of him, the guy ended up dying with a plastic bag over his head with video released of it and a full description of events by one of the police officers that went rogue. People told me I should just turn myself in (those same trolls kept telling me to turn myself in, that everything would be fine). I was known to have a lot of bitcoin, wanted for "attacking Thailand" (essentially) and they were assuring me I'd be "safe". I definitely would not be alive today had I not fled the country.

+1 WOsMerit

[Toxic2040]

Another failure to sustainably penetrate $50k while alts are getting most of the attention. This is the predictable outcome of a failed cryptocurrency. Expect to see mostly lower prices for the rest of the year (and ever).

[El duderino_]

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