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Question: What happens first:
$65,000 - 59 (86.8%)
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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26336310 times)
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April 08, 2022, 12:38:37 AM
Merited by Hueristic (1), JayJuanGee (1)

Tennessee Titans Become First NFL Team To Accept Bitcoin
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April 08, 2022, 12:43:31 AM

...

Today I was at the Bitcoin 2022 conference!   Smiley

I'll summarize some of my experiences, I just got home.  I woke up early and drove over since I had no idea how the parking situation (etc.) would be.  At 7:15 in the morning, the parking garage across the street from the MB Convention Center was mostly vacant (they do have lots of conferences and conventions there).  Doors opened at 8:00 AM, and the lines moved pretty quickly.  They gave each of us a Swag Bag, one item in there (discussed below, second item) turned out to be a really nice gift.

  • I was mostly interested in hardware wallets, I picked up a BitBox02 (BTC Only Edition) and a Trezor Model T (Trezor tossed in a t-shirt).  I went ahead and bought them there so I would not appear on any HACKED mailing lists...
  • In the swag bag, it turned out that there was a FREE Arculus hardware wallet, although I did not note that at first.  When I dropped by their booth, they told me that yes, it was free for the first 25,000 who had registered for the show.  So, lucky me.  I asked them about one doubt I had (3FA), as I have next-to-no fingerprints (which amused TSA to no end when I applied for "Trusted Traveler" airline status), and they told me that in Settings facial picture and fingerprints can be turned off.
  • I also went by BitPay's booth to ask them some questions.  They told me about their rollout of Lightning, but (maybe I didn't understand correctly) that it would be months to a year or so before it was ready for use.  BitPay kindly gave me a 1 oz silver coin!  It has the BTC logo and all, says .999 silver and in small writing along the rim mentions BitPay.  I signed on with BitPay about Nov 2020 as they had just released a debit card which allowed me to sell some BTC should I want (but I joined Gemini in Jan 2021 to be able to sell moar).  Hey!  That silver coin is worth a bit over $24, so I think that was pretty decent of them...
  • There were a LOT of financial this-and-that companies, which didn't interest me as I am not involved with any institutions, but there is a lot of activity in those sectors
  • There were also a lot of mining-related companies including mining machines, Bitmain's new high-powered miners, also Bitmain has their own new technology using a [different] kind of cooling systems (not immersion) that allows 210 or so miners into their 20' container next to a similar sized cooling tower...
  • I did not get a chance to go see any speakers, as I only had today, tomorrow we are traveling.  Nor did I catch any of the "Announcements" so I don't know at the moment if anything important was, well, announced.  Trezor has some kind of announcement tomorrow (maybe their upcoming chip?), but their man at their booth did not know what the announcement would be, or perhaps wouldn't say...
  • Over at Bobby Lee's Ballet booth, they gave me a free book by him (The Promise of Bitcoin) which he graciously autographed for me, I believe Saifedean Ammous was signing his book as well, but the line was very long and I didn't have all that much time.
  • I also visited Wasabi Wallet's booth, actually that was my first stop.  The man (not nopara73) gave me some of their rationale re their decision not to accept "certain" UTXOs in their CoinJoin service.  It sounded plausible, in that it looks like it will be for a very limited number of cases (announced thefts of BTC and so on).  Plausible, I did not feel like grilling him.

Miami is just starting get warm in early April.  It's probably worthwhile for many HODLers to find their way to one of these conferences (tickets are expensive, but there was a $300 discount for payment by BTC).  They do have parties (and loud music outside) for all you young 'uns.

I missed last year's show, but I had gone to a couple of BTC shows in Miami a few years ago.  As you would expect, it's a much larger deal now.  For those employed in BTC-related jobs, it's a must going.


[edited]

we may buy the bitmain shed. its pricey but we may get it.
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April 08, 2022, 12:53:18 AM

Yeah.  I got the damn coof.

Well... chances are quite good I have what amounts to a mild cold, and survive to see my bitcoin hoard provide security for my family.

But just in case I get intubaed and kick the bucket?  I love you guys, and I wish you all well.  Consider my lost coins a donation to you all.

Smiley

Get well soon, capsi ! <3
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April 08, 2022, 12:53:42 AM
Last edit: April 08, 2022, 01:19:32 AM by JimboToronto

ZeroHedge has their take, I haven't read it yet:

https://www.zerohedge.com/markets/stunning-speech-peter-thiel-blasts-buffett-dimon-and-fink-finance-gerontocracy-sees-bitcoin


Edit:  Just read the ZH piece.  YES, Thiel really pastes the bastids, rightly so.  He hates "ESG" even more.  Bwa ha.  The ZH piece is worth a read.

Indeed. I have no beef with Thiel's take on the situation. I just didn't like him relating it to age.

I think ESG pisses most intelligent people off almost as much as "political correctness", which of course is an oxymoron. There's nothing less correct than politics.
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April 08, 2022, 01:03:38 AM


Explanation
ImThour
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April 08, 2022, 01:08:28 AM
Merited by JayJuanGee (1)

...

2010: $1 (one digit)
2014: $400 (three digits)
2018: $6000 (four digits)
2022: $50,000 (five digits)
2026: six digits most probably


https://twitter.com/ChartsBtc/status/1512222716153065472/photo/1
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April 08, 2022, 01:27:44 AM
Last edit: April 08, 2022, 03:40:34 AM by Biodom

Peter Thiel..on gerontocracy aka Buffett, etc.


https://fortune.com/2022/04/07/peter-thiel-bitcoin-warren-buffett-jamie-dimon-larry-fink/

I like the term, but I still don't know if it is worth it to use fighting words..or simply absorb all assets in bitcoin...mostly silently.

Gerontocracy? What a load of crap.

I'm older than both Larry Fink and Jamie Dimon and I clued in immediately upon hearing about Bitcoin. Now I'm set for life. One of my friends, a member of the Silent Generation in his 80s, accumulated 13BTC before passing away over a year ago. When he knew the end was drawing near, he went on a sending spree and cashed in his last coins a week before he died. He had no heirs.

Meanwhile, a Millennial friend scoffed at me and called me a sucker who couldn't see through an obvious scam, while pursuing a "career" as an online poker player.  Cheesy  Another Millennial friend had the brains to hop aboard in 2013. We attended Vitalik Buterin's shitcoin white paper unveiling together at Decentral in January 2014. Needless to say we both took a pass.

My wife is Gen-X and regrets not getting in when she heard about it (before me!) in 2012. She needed the money for another enterprise.

Bitcoin may have been developed by mostly Gen-Xers (and some Boomers) but it crosses generational lines. It's not about age.

Besides their age, what do Buffett, Fink and Dimon have in common? They all have an interest in the status quo, specifically the legacy financial system.

It wasn't a cataclysmic event that extincted the dinosaurs. It was their failure to adapt to it. Many older species survived.

Of course, there are exceptions, but i disagree with your objection.
Buffet and Munger spewed too much hatred...P.T. called them 'sociopathic grandpa's'.

https://www.youtube.com/watch?v=ko6K82pXcPA

Comparing to their 'crazy' calls re bitcoin, this is mild.
I am not a spring chicken myself, so have a right to discuss generations and age.

Maybe it is a call for boomers to mostly relinguish their grip on financial and other power.
Just retire already! A call to politicians over 75, financiers over 80.
I agree with this call (in general) and as a boomer, support it.

EDIT: gerontocracy is not because of their age in particular but because they are fossils in their thinking, but still have at least some power.
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April 08, 2022, 02:01:21 AM


Explanation
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April 08, 2022, 02:53:21 AM

the evening wall report

dyor

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testing at $44k with several candles opening and closing in that range...todays daily candle showing a spinning top with the market indecisive on direction       early trading is positive with bitcoin currently up and trading near $43.6ish  *edit typo   Shocked      
D

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April 08, 2022, 03:01:29 AM


Explanation
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April 08, 2022, 04:01:04 AM

Why they use use crypto why they don't use Bitcoin.



https://news.bitcoin.com/national-bank-of-georgia-to-regulate-countrys-crypto-sector/
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April 08, 2022, 04:05:09 AM
Merited by JayJuanGee (1)

Strike integrates Lightning Payments into largest US point of sale providers

Quote
Jack Mallers, CEO of Strike, announced at the Bitcoin 2022 Conference in Miami that his company has partnered with Shopify, NCR, and Blackhawk Network. These payment providers work with the majority of major U.S. companies like McDonald’s, Walmart, Walgreens, Home Depot, Best Buy, Chipotle, Starbucks, Whole Foods, and more.

Mallers shared a video of himself making purchases at a grocery store with three different payment methods. By using Zap, Cash App, and Muun Wallet to pay via QR code, Mallers demonstrates how the consumer is able to pay in any method they want through the Lightning network. This enables shoppers to pay with privacy and allows for merchants to save on the 3% fee charged by credit card processors.

With this announcement, Strike now offers a method for people in the U.S. to transact with their Bitcoin that does not require making Bitcoin legal tender. These partnerships allow users to pay for products and services with their Bitcoin over Lightning while the merchant accepts the payment in U.S. dollars. This makes filing taxes much more manageable for both the consumer and merchant.
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April 08, 2022, 04:32:07 AM
Merited by fillippone (6), vapourminer (1), JayJuanGee (1)

BREAKING! @YouTube has suspended our account with no warning again. This time in the middle of @TheBitcoinConf at midnight.

https://twitter.com/BitcoinMagazine/status/1512285680596131840
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April 08, 2022, 04:53:03 AM

I have you on ignore.  But I took a peek since I am making myself feel better by reading all the nice things people have posted.

You REALLY are an asshole.

Meh.

First things first. Put me back on ignore.

Secondly, why I’m an asshole? I’d like to know your reasoning. Because I don’t allow the people closest to me to be intimidated and fear nothing?
Or because I call out people’s brainwashed bullshit narrative? Which is it?

Finally, yes I am, so fuck the fuck off now.


So you sold your bitcoin and you are scared of science.

Finally admitted u an asshole lol


The common narrative is that if you still have BTCiTcoin then you are a 'happy go lucky filled with inner peace person'.  Cheesy  Cheesy

And the mean people on this forum are either fake news spreaders or they are dirt poor from selling their BTCiTcoin and they still want to hang around people with money.  Grin  Grin

Sounds like a Vampiric Blood Sucking Leech of a R0ach! Cheesy Cheesy
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April 08, 2022, 05:00:55 AM

It's wicked about bitcoin conf vids removal from the youtube.
strangely, only bitcoin mag vids are removed.
we shall see how this develops tomorrow.
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April 08, 2022, 05:03:13 AM
Merited by vapourminer (1)

It's wicked about bitcoin conf vids removal from the youtube.
strangely, only bitcoin mag vids are removed.
we shall see how this develops tomorrow.

It's not just the bitcoin conf videos, the channel is terminated.

https://www.youtube.com/channel/UCtOV5M-T3GcsJAq8QKaf0lg
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April 08, 2022, 05:03:28 AM


Explanation
savetherainforest
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April 08, 2022, 05:10:30 AM

It's wicked about bitcoin conf vids removal from the youtube.
strangely, only bitcoin mag vids are removed.
we shall see how this develops tomorrow.

It's not just the bitcoin conf videos, the channel is terminated.

https://www.youtube.com/channel/UCtOV5M-T3GcsJAq8QKaf0lg

They should use something else, like Bitchute or something.  Roll Eyes  Roll Eyes
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April 08, 2022, 05:26:44 AM

Bank of Russia rejects the idea of ​​using cryptocurrency. So bitcoin eats dumping. Today the price of Bitcoin is 43.5K USD. My guess is that if Russia Bank starts using cryptocurrency again, there is a possibility of pumping bitcoin again.
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April 08, 2022, 06:03:34 AM


Explanation
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