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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 13970. (Read 26731527 times)

legendary
Activity: 2604
Merit: 1748
Among top ten crypto-currencies (by market-cap), bitcoin still seems the most decentralized.

% of supply owned by the top 100 accounts, standouts:
- Bitcoin 19%
- Ethereum 35%
- Ripple 98%
- Bitcoin Cash 25%
- Stellar 95%
- IOTA 62%
- NEO 70%

Source: https://arewedecentralizedyet.com/

Gotta get rid of my Stellars for sure.


Dash with 14% is the more decentralized, but have less nodes.

I am not sure if my memory is serving me right or not, but didn't the Dash devs have a 2 million coin premine? Or something to that affect? Have they sold their holdings or done some sort of redistribution?

Probably they have it split all over thousands of masternodes. I guess that is the main reason the distribution "looks" so good.

In reality, we are comparing oranges to apples here.

Spot on, masternodes might be different addresses, but not all different owners.   It is one of the least decentralised projects out there.  Evan is clever but also the de facto king of the castle.
legendary
Activity: 2604
Merit: 1748
Monero with its opaque blockchain. You don't know who stealth mined in huge quantities and you trust that there isnt an exploit or bug allowing someone to mint any quantity of XMR they like. You don't have a richlist. You can't analyise the blockchain at all, You assume its all good. Yay. Monero. Its name even means something in esperanto. And it has a wallet now

Yes, it's a privacy coin that's actually private, unlike DASH - the Bcash of privacy coins.
Bcash is the new Dash! you're a genius man!
By the way, Darkcoin had balls (brand was good) but Dash is the f+++ing name of washing powder brand!!!


Well spotted! Merited for bringing a smile to the start of my day.
legendary
Activity: 3962
Merit: 11519
Self-Custody is a right. Say no to"Non-custodial"

Hitler's government was the people.

That's why I hate all Germans. Why did the German people send so many people away to extermination camps? Why German people? Why?!?

Same for Americans. Why are the American people always deciding we need war in the Middle East? Why American people?

Why do the American people keep pushing the Federal Reserve Note down our throats?

Yes, there are examples of governments gone awry... that does not mean that we can just abandon such apparatus for all purposes, especially when it comes to having rules regarding certain resources that are scarce  or shared or to keep in check abuses that seem quite likely to take place through an anarchic or a libertarian system.. and further, we already have multitudes of systems of governments, so we can complain all that we want about governments being BAAAAAAaaaadddd... , yet most practical solutions are likely to come through incrementalism rather than pure abandonment.. and perhaps bitcoin will play some role towards positive people empowerment.  Perhaps?


Whether or not implementing a more libertarian system gradually or not is not the question.

Saying that government is the people is a tool used to put blame upon the people that elected these fools as if to imply all people in that country support that government. Or to imply that the people merely have to raise their voices and the government will comply. A significant portion of the people didn't like what their government was doing back in the late 1800s and decided to opt out, only to have several hundred thousand men killed as a result.

Only a few hundred people in the US actually elect our president. They are more to blame than "the people" for his actions. A minority of people actually voted for those electors. They are more to blame than the people.

When the government acts by a different morality than the people, then the government cannot possibly be the people. No person can steal from someone else under the guise of being helpful. No person can murder innocent people under the guise of "protecting freedom". No person can kidnap people and put them in a cage under the guise of "justice". The people cannot do these things, only the government can get away with it. Thus, governments are not the people.


I understand what you are attempting to say, but what you are saying still rises to the level of incoherence and  seeming failure and refusal to accept reality.    Perhaps we may me getting caught up in semantics too much, but I get the sense that you don't seem to understand what it means to live around other people.  There are over 7 billion people on the planet, by the way.. not just you.

If you want to opt out of government oversight, then you either have to obtain some kind of sovereignty to be able to remain within the geographical jurisdiction or you have to leave the geographical jurisdiction.  Certainly, there are some geographical locations that have less (or different kinds of) government, than others, but you are going to be hard pressed to find geographical locations that are completely free of governmental jurisdiction, unless they are nearly completely vacuous of other people who want to share resources....

The fact of the matter is that governments remain a modern vehicle for dealing with public resource issues, whether you like it or not... and whether you try to fight the concept or not.  If you are living around others, then governments are vehicles to attempt to harmonize community values, in other words the people of that particular community use it for such attempts that are frequently less than perfect... and getting rid of government is not likely to bring you closer to perfection, even if you think that you may be one of those who would be more advantaged by such a move. 

Good luck finding your government free location, if you expect to be living around other people rather than on some island by yourself some place in crazy land.   Tongue Tongue
legendary
Activity: 1932
Merit: 1610
Self made HODLER ✓
Among top ten crypto-currencies (by market-cap), bitcoin still seems the most decentralized.

% of supply owned by the top 100 accounts, standouts:
- Bitcoin 19%
- Ethereum 35%
- Ripple 98%
- Bitcoin Cash 25%
- Stellar 95%
- IOTA 62%
- NEO 70%

Source: https://arewedecentralizedyet.com/

Gotta get rid of my Stellars for sure.


Dash with 14% is the more decentralized, but have less nodes.

I am not sure if my memory is serving me right or not, but didn't the Dash devs have a 2 million coin premine? Or something to that affect? Have they sold their holdings or done some sort of redistribution?

Probably they have it split all over thousands of masternodes. I guess that is the main reason the distribution "looks" so good.

In reality, we are comparing oranges to apples here.
legendary
Activity: 2758
Merit: 13660
BTC + Crossfit, living life.
I like iT we are 9may and more than 20% taken price over 12K by 15th..... talking about the threat of the MOONboys in here  Grin
sr. member
Activity: 574
Merit: 296
Bitcoin isn't a bubble. It's the pin!
Among top ten crypto-currencies (by market-cap), bitcoin still seems the most decentralized.

% of supply owned by the top 100 accounts, standouts:
- Bitcoin 19%
- Ethereum 35%
- Ripple 98%
- Bitcoin Cash 25%
- Stellar 95%
- IOTA 62%
- NEO 70%

Source: https://arewedecentralizedyet.com/

Gotta get rid of my Stellars for sure.


Dash with 14% is the more decentralized, but have less nodes.

I am not sure if my memory is serving me right or not, but didn't the Dash devs have a 2 million coin premine? Or something to that affect? Have they sold their holdings or done some sort of redistribution?
legendary
Activity: 2758
Merit: 13660
BTC + Crossfit, living life.
^ It's turning into a game show.   

Didn’t saw he’s last podcast yet .....  but don’t mix to Many coin games/bets etc ....
For the rest i like the doug polk vids....
legendary
Activity: 1834
Merit: 4197
Quote
Well..lets see where we stop..thinking $8.85k but I am slightly intoxicated

Kinda confused on the terminology seems others are as well. When the price goes up but the indicator sas its getting weaker this is a “bullish” or “bearish” “divergence”? I understand the indicator is what you follow, but some people call it bullish when it’s down on the indicator and bearish when it’s up.

Kinda confusing cuz a bullish divergence is bearish but a bearish divergence is bullish?

This site says its bullish if the indicator is going up with price down and visa versa: https://www.babypips.com/learn/forex/divergence-cheat-sheet

I do not mean to confuse you..and your damn luckyu I am to f;ed up to sleep..so I will answer as best I am able.

Indicators do just that..indicate a direction of "flow" so to speak. Where I highlighted that "bullish divergence" the MACD has been generally going upwards before hand..during the "divergance"..it has generally been flat or slightly downwards..now we are in a area where both or all indicators are lowered..so that tends to indicate bullishness..or a upwards trend is likely about to happen.

Taking everthing away..what do you see here?
What I see is a accumulation pattern that dips around rthe first of April..then extreme diagonal bands for the next 2 weeks..indicating more accumulation. At that point..around the 9th of last month the market relaxed enough for a spike upwards. Also one of the largest daily candles ever recoreded btw. After that...controlled buying again..for the next 4 weeks perhpaps? Upwards growth on the "chart" i.e. candles but indicators are "relaxing" again..i.e. divergence. Not flat exactly but generally sloping downwards. Now finally..we are at a point where both or "all" if you wish indicators are relaxed enough to signal a move upwards in direction. So Bullish.  I hope that makes sense for previously mentioned reasions.
legendary
Activity: 2310
Merit: 1422
Monero with its opaque blockchain. You don't know who stealth mined in huge quantities and you trust that there isnt an exploit or bug allowing someone to mint any quantity of XMR they like. You don't have a richlist. You can't analyise the blockchain at all, You assume its all good. Yay. Monero. Its name even means something in esperanto. And it has a wallet now

Yes, it's a privacy coin that's actually private, unlike DASH - the Bcash of privacy coins.
Bcash is the new Dash! you're a genius man!
By the way, Darkcoin had balls (brand was good) but Dash is the f+++ing name of washing powder brand!!!
legendary
Activity: 1806
Merit: 1521
we are still in a large wave 3. the lower the longer the better for bulls.

Wave 3?! Chart me, please. By my count, we are well into a primary corrective, but I'd love to see an alternative count.



No way to tell if it's an accumulation or distribution until it breaks one way or the other. Could be a bear consolidation just as easily. Stochs can remain oversold for long periods during bear markets. Undecided
legendary
Activity: 1464
Merit: 1136
^ It's turning into a game show.   
legendary
Activity: 2758
Merit: 13660
BTC + Crossfit, living life.
full member
Activity: 638
Merit: 118
Quote
Well..lets see where we stop..thinking $8.85k but I am slightly intoxicated

Kinda confused on the terminology seems others are as well. When the price goes up but the indicator sas its getting weaker this is a “bullish” or “bearish” “divergence”? I understand the indicator is what you follow, but some people call it bullish when it’s down on the indicator and bearish when it’s up.

Kinda confusing cuz a bullish divergence is bearish but a bearish divergence is bullish?

This site says its bullish if the indicator is going up with price down and visa versa: https://www.babypips.com/learn/forex/divergence-cheat-sheet

I think the confusion is with weather it’s “hidden”or not.
full member
Activity: 638
Merit: 118


Some guy thinks this is a golden cross and went all in.

I guess nobody else saw that when it dropped from 10k.  Roll Eyes
legendary
Activity: 3598
Merit: 2386
Viva Ut Vivas

Hitler's government was the people.

That's why I hate all Germans. Why did the German people send so many people away to extermination camps? Why German people? Why?!?

Same for Americans. Why are the American people always deciding we need war in the Middle East? Why American people?

Why do the American people keep pushing the Federal Reserve Note down our throats?

Yes, there are examples of governments gone awry... that does not mean that we can just abandon such apparatus for all purposes, especially when it comes to having rules regarding certain resources that are scarce  or shared or to keep in check abuses that seem quite likely to take place through an anarchic or a libertarian system.. and further, we already have multitudes of systems of governments, so we can complain all that we want about governments being BAAAAAAaaaadddd... , yet most practical solutions are likely to come through incrementalism rather than pure abandonment.. and perhaps bitcoin will play some role towards positive people empowerment.  Perhaps?


Whether or not implementing a more libertarian system gradually or not is not the question.

Saying that government is the people is a tool used to put blame upon the people that elected these fools as if to imply all people in that country support that government. Or to imply that the people merely have to raise their voices and the government will comply. A significant portion of the people didn't like what their government was doing back in the late 1800s and decided to opt out, only to have several hundred thousand men killed as a result.

Only a few hundred people in the US actually elect our president. They are more to blame than "the people" for his actions. A minority of people actually voted for those electors. They are more to blame than the people.

When the government acts by a different morality than the people, then the government cannot possibly be the people. No person can steal from someone else under the guise of being helpful. No person can murder innocent people under the guise of "protecting freedom". No person can kidnap people and put them in a cage under the guise of "justice". The people cannot do these things, only the government can get away with it. Thus, governments are not the people.
full member
Activity: 1179
Merit: 210
only hodl what you understand and love!
Monero with its opaque blockchain. You don't know who stealth mined in huge quantities and you trust that there isnt an exploit or bug allowing someone to mint any quantity of XMR they like. You don't have a richlist. You can't analyise the blockchain at all, You assume its all good. Yay. Monero. Its name even means something in esperanto. And it has a wallet now

You do not seem to have a clue what Monero is all about do you. Just check the code and build your opinion upon a fact, not upon some blaaa blaaa you read somewhere on the internet  Roll Eyes Wink
hero member
Activity: 1035
Merit: 558
Come on bitfinex, prop the price up. You can do it! For the hodlers!

legendary
Activity: 3808
Merit: 7912
In other news, the people of Hawaii just don't fkn get it. When mother nature gets a rollin', she ain't gonna stop until she reaps major havoc first. It doesn't just end in a week or two because humans think it should.

http://www.foxnews.com/us/2018/05/08/hawaii-volcano-triggers-more-evacuations-as-2-new-vents-appear.html
https://www.npr.org/sections/thetwo-way/2018/05/08/609503580/days-weeks-years-scientists-say-hawaiis-erupting-volcano-has-no-end-in-sight

Little known fact: The people of Pompeii had weeks, months of warning *exactly* like what is happening now on on Hawaii's Big Island.

GTFO now, people.

 After reading this, I did a search for a song I remembered from years ago which I thought was by Depeche Mode (or Martin Gore) called "Never Turn Your Back on Mother Earth".  I didn't realize it was originally sung by Twiggy ('er a Russell Mael from the band Sparks) à la Edith Piaf singing La Vie En Rose.  

https://www.youtube.com/watch?v=haf5s0b--zw

 I ended up going down the rabbit hole on this one and it turns out that Russel Mael doesn't even have a French accent!  Non, je ne regrette rien.
 
jr. member
Activity: 69
Merit: 4
Come on bitfinex, prop the price up. You can do it! For the hodlers!
legendary
Activity: 1834
Merit: 4197
+1 WOsMerit's for all the post's on the last page.   
You guys are so eloquent. Kinda puts me to shame with my feeble attempts. You are not in the minority kurious...not at all.

Nothing terribly new..just a few things that indicate upwards movement soonish. I expect to see a lot of those upward diagonal accumulation bands as the year progresses. #dyor
Broken support at .236 fib but this might just be a dip into liquidity.
Well..lets see where we stop..thinking $8.85k but I am slightly intoxicated

thanks jojo for the feedback.

Many years later, I will lie in a grave which locates in somewhere.

By the time I'm ready to shuffle off this mortal coil, I'm hoping BTC will have appreciated in price enough, that I can have my corpse shot into space, to be cremated by flying directly into our Sun.


Sometimes the things listed on craigslist is amazing...
Never got a response and the ad was pulled shortly after, but this is a slightly redacted email that I sent out when that Falcon9 did a wet landing in Feb.




I hope to have the Dome completed near the base of Olympus Mons by then Bob. Your welcome to a plot of if you like..or going back to stardust is not a bad way really..your choice.
By time I get all this organized I will most likely be to frail to make the trip..fml. Still want to be buried on Mars though.
Well into my cup at this point..think I will see you all tomorrow.
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