Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 15332. (Read 26718374 times)

It’s debt and probably secured against the only real assets the company has left (whatever those are).  Also drawdown is highly conditional. 

I hope these godless monsters stop dumping for Christmas. Baby Jesus FFS!

everyone must have switched to buying up millions of pre filled dogecoin paper wallets instead of bitcoin for secret santa gifts or some such thing...

This year all the people that hold btc had a merry christmas gift from bitcoin thats why it dumped so hard. They cashed out maybe their half for christmas and new years table. After this occasion lets get back to the moon.

is that a tax write off? (serious question btw.. my tax knowledge is zero, tho that will be changing in near future, no doubt)

I've given each of the progeny (3 kids, 2 inlaws, 2 grandkids) 1 BTC each of the last three xmases. I see no reason to divert. This year, they'll be wrapped in Ledger Nano Ss.

Thanks for the link. This seems important.

For all our disagreements, Torque, I never would have pictured you as devolving into special snowflake mode.

Hmm.

Ok, just bought a nice chunk at $12,750 so BTC should move now ;-) 

You are going to have to do better than a simple assertion.

The only serious investigation into the matter has proven that your average 'home' computer today can handle a simple block size increase that will net us about 100 tx/s. And with a fix to core's crappy multithreading design, can handle block size increase up to about 500 tx/s. And that is without looking for other sw architecture improvements.

How many years' worth of simple blocksize scaling do you think that will net us? Even if only one (as if), that would immediately eliminate the blockapocalypse. We don't know whether or not that would be sufficient for Moore's Theory to carry us the rest of the way to ubiquity. But it would at least provide time for LN to mature, and solve today's (and tomorrow's) pressing issues.

Core is either completely deluded in terms of economics and game theory, or they have a different goal than has publicly divulged. In the end, it matters not which of these two postulates is the correct one. Either way, you've all been led asunder.


(stuff about a clearly inapplicable analogy deleted)

How much confidence destroying is going on with the current situation? If we would have had a block increase, we would not be in backpedaling apology mode. Especially in so public a manner. Rip the bandage off already.

huh! another sea of red with a doge ship steaming by...
the dogecoin thing has always baffled me...

much wow!...yeah whatever dude....

Merry Christmas from the southern hemisphere.

I think I see your axiomatic misconception, r0ach. You are conflating money and wealth. Money is not wealth. It is a representation of wealth. It is information about wealth.

And information can certainly be sent over then internet.


How do you justify calling this scarcity artificial? In practice it has proven itself to be very real.

OT: Theranos.

Why in the hell do investors keep giving this shit company money? They have been at it over a decade now and they have nothing, zero, zilch, nada. Their supposed super secret IP is a complete fraud, a scam. They haven't made a dime on anything. Their CEO jet sets around and lives like a billionaire queen, and has been doing so for ten years now. She's delusional and thinks that she is the next Steve Jobs.

https://www.yahoo.com/tech/theranos-gets-100-million-debt-181505187.html

Looking a bit bearish today - Suspect its to do with the alt surge - that will all dump into BTC at some point...

1500 BTC fake wall @ 11k
I believe we will go down to retest 10700 in the short term

Show me Some greeeeeen for Xmas 😂

Bah.

$20k USD/BTC for Christmas would have been nice 

That sea of red tho...

Is this a lambo vending machine ?