Author

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 16337. (Read 26656998 times)

legendary
Activity: 3948
Merit: 11416
Self-Custody is a right. Say no to"Non-custodial"
Go actually take an iq test, then come back.

I'm back. 80 is good. Right?


Tell me what you are going to do, BMB, in order that I can do the opposite.   Cheesy Cheesy Cheesy Cheesy

Buy?  Sell?


And, don't be working me with any reverse psychology.  Come straight with me.   Wink 
legendary
Activity: 1260
Merit: 1116
Go actually take an iq test, then come back.

I'm back. 80 is good. Right?
legendary
Activity: 2268
Merit: 1278
What do you mean "Recognition is subjective"? Do you mean that where a westerner see a square someone else sees a circle?
No, but where a westerner sees green, someone might see some kind of blue.

Where a westerner sees "straight, left, right, straight", someone might see different paths depending on the physical orientation of the page when it gets presented to them. All reference axes are relative to an absolute point on their island (a mountain), so they don't have relative words like "left" or "right" ("up" and "down" they do).

Imagine a westerner dealing with IQ tests prepared by someone in one such population.

There is much more cultural background to perception than we are aware of.

Again. Colored boxes.

Go actually take an iq test, then come back.
legendary
Activity: 2520
Merit: 3038
What do you mean "Recognition is subjective"? Do you mean that where a westerner see a square someone else sees a circle?
No, but where a westerner sees green, someone might see some kind of blue.

Where a westerner sees "straight, left, right, straight", someone might see different paths depending on the physical orientation of the page when it gets presented to them. All reference axes are relative to an absolute point on their island (a mountain), so they don't have relative words like "left" or "right" ("up" and "down" they do).

Imagine a westerner dealing with IQ tests prepared by someone in one such population.

There is much more cultural background to perception than we are aware of.
full member
Activity: 413
Merit: 100
https://eloncity.io/


But when people talk about money, brains hasten out of the back door into the woods, never to be seen again in the conversation, and everything that is considered a given and completely normal in real life, is suddenly turned upside down.

I think, in a well articulated nutshell, you have just encapsulated Cryddits concerns.

I know this is a speculation thread and everything, but who amongst us, that aren't just here for the quick buck and who actually 'believe', hasn't had concerns over how something as pure as bitcoin could be commandeered by influences something less than benevolent ?

I am not that worried. The fact that Bitcoin is open source and can be cloned is not a liability but an asset. So if Bitcoin fails - in the end - there will be others. Lotsa lotsa others. A different take on the mantra unstoppable.

I tend to see the role of bitcoin in the future as a reference value, not so much a transaction currency or something that will completely displace fiat currency.

The simple essence is the following:

*we know the current financial system is untenable
*we know the enormous debts will never be paid
*we know the debt must increase to avoid collapse
*we know 'infinite debt' does not exist

Bitcoin just has to represent an alternative. That will be enough to succeed.

From a technical perspective, I am much more interested in smart contracts and decentralised 'computer networks' (like Ethereum and EOS). That is what businesses are looking at.

Bingo!!!
GOOD MAN!!!!

You won the post of the week!!!

So there are some very obvious truths that you mention.
There is also FUD from people who have an agenda which counts on FEAR.

I am HODLing!!!!!!
legendary
Activity: 3122
Merit: 1538
yes

So basically, bitcoin is the gold(light) that will serve as the reference, backing, of the future transactional means, currency, contracts etc?

For now, that seems the most probable scenario to me.
sr. member
Activity: 854
Merit: 307


But when people talk about money, brains hasten out of the back door into the woods, never to be seen again in the conversation, and everything that is considered a given and completely normal in real life, is suddenly turned upside down.

I think, in a well articulated nutshell, you have just encapsulated Cryddits concerns.

I know this is a speculation thread and everything, but who amongst us, that aren't just here for the quick buck and who actually 'believe', hasn't had concerns over how something as pure as bitcoin could be commandeered by influences something less than benevolent ?

I am not that worried. The fact that Bitcoin is open source and can be cloned is not a liability but an asset. So if Bitcoin fails - in the end - there will be others. Lotsa lotsa others. A different take on the mantra unstoppable.

I tend to see the role of bitcoin in the future as a reference value, not so much a transaction currency or something that will completely displace fiat currency.

The simple essence is the following:

*we know the current financial system is untenable
*we know the enormous debts will never be paid
*we know the debt must increase to avoid collapse
*we know 'infinite debt' does not exist

Bitcoin just has to represent an alternative. That will be enough to succeed.

From a technical perspective, I am much more interested in smart contracts and decentralised 'computer networks' (like Ethereum and EOS). That is what businesses are looking at.

So basically, bitcoin is the gold(light) that will serve as the reference, backing, of the future transactional means, currency, contracts etc?
legendary
Activity: 3122
Merit: 1538
yes


But when people talk about money, brains hasten out of the back door into the woods, never to be seen again in the conversation, and everything that is considered a given and completely normal in real life, is suddenly turned upside down.

I think, in a well articulated nutshell, you have just encapsulated Cryddits concerns.

I know this is a speculation thread and everything, but who amongst us, that aren't just here for the quick buck and who actually 'believe', hasn't had concerns over how something as pure as bitcoin could be commandeered by influences something less than benevolent ?

I am not that worried. The fact that Bitcoin is open source and can be cloned is not a liability but an asset. So if Bitcoin fails - in the end - there will be others. Lotsa lotsa others. A different take on the mantra unstoppable.

I tend to see the role of bitcoin in the future as a reference value, not so much a transaction currency or something that will completely displace fiat currency.

The simple essence is the following:

*we know the current financial system is untenable
*we know the enormous debts will never be paid
*we know the debt must increase to avoid collapse
*we know 'infinite debt' does not exist

Bitcoin just has to represent an alternative. That will be enough to succeed.

From a technical perspective, I am much more interested in smart contracts and decentralised 'computer networks' (like Ethereum and EOS). That is what businesses are looking at.
legendary
Activity: 2268
Merit: 1278
If only the Average Joes of the world would realize the truth about the inflation they experienced in the past, as well as the heightened level of inflation they will begin to experience in the coming decade, they'd do well to put savings into bitcoin just for that very reason: just to hedge against inflation and protect their purchasing power. The price rising > 5% per year should just be a bonus.

It shouldn't be about "making a quick buck."

But alas, they are too caught up in buying things and making debt payments to be concerned about savings. Just like the govt and the banks want them to be. Forever in debt and on the hamster wheel.


Question is of course if they will allow us to hedge against their wrongdoings. Imagine what will happen when their bubbles, stawks, real estate, bonds and not to forget, debt, pop all together at the same time... .
It will be glorious.
sr. member
Activity: 854
Merit: 307
If only the Average Joes of the world would realize the truth about the inflation they experienced in the past, as well as the heightened level of inflation they will begin to experience in the coming decade, they'd do well to put savings into bitcoin just for that very reason: just to hedge against inflation and protect their purchasing power. The price rising > 5% per year should just be a bonus.

It shouldn't be about "making a quick buck."

But alas, they are too caught up in buying things and making debt payments to be concerned about savings. Just like the govt and the banks want them to be. Forever in debt and on the hamster wheel.


Question is of course if they will allow us to hedge against their wrongdoings. Imagine what will happen when their bubbles, stawks, real estate, bonds and not to forget, debt, pop all together at the same time... .
legendary
Activity: 1652
Merit: 4393
Be a bank
https://twitter.com/jonmatonis/status/910564200254144514

oo. Cryddit. big blocks guy. satoshi's vision stuff. god i'm slow
legendary
Activity: 3780
Merit: 5429
If only the Average Joes of the world would realize the truth about the inflation they experienced in the past, as well as the heightened level of inflation they will begin to experience in the coming decade, they'd do well to put savings into bitcoin just for that very reason: just to hedge against inflation and protect their purchasing power. The price rising > 5% per year should just be a bonus.

It shouldn't be about "making a quick buck."

But alas, they are too caught up in buying things and making debt payments to be concerned about savings. Just like the govt and the banks want them to be. Forever in debt and on the hamster wheel.
legendary
Activity: 2268
Merit: 1278


But when people talk about money, brains hasten out of the back door into the woods, never to be seen again in the conversation, and everything that is considered a given and completely normal in real life, is suddenly turned upside down.

I think, in a well articulated nutshell, you have just encapsulated Cryddits concerns.

I know this is a speculation thread and everything, but who amongst us, that aren't just here for the quick buck and who actually 'believe', hasn't had concerns over how something as pure as bitcoin could be commandeered by influences something less than benevolent ?
I am here for a really huge quick buck which will only be possible if my belief in the bitcoin fundamentals are correct and obviously our Great Leaders won't like something they can't control. Does that count?



So long as you aren't trying to lead anyone up the garden path on the way, then yes, I can't see why that wouldn't count Ibian.

After all, your belief in the bitcoin fundamentals and your making a really huge quick buck are not mutually exclusive.

But pssst ... when you cash out don't cash out to dollars hey ? Maybe property or something.


I follow the SSS method. Small part fiat for actually living, mostly bitcoin. Forever and ever. Unless we hit millions and what a lovely problem that would be.
hero member
Activity: 770
Merit: 500


But when people talk about money, brains hasten out of the back door into the woods, never to be seen again in the conversation, and everything that is considered a given and completely normal in real life, is suddenly turned upside down.

I think, in a well articulated nutshell, you have just encapsulated Cryddits concerns.

I know this is a speculation thread and everything, but who amongst us, that aren't just here for the quick buck and who actually 'believe', hasn't had concerns over how something as pure as bitcoin could be commandeered by influences something less than benevolent ?
I am here for a really huge quick buck which will only be possible if my belief in the bitcoin fundamentals are correct and obviously our Great Leaders won't like something they can't control. Does that count?



So long as you aren't trying to lead anyone up the garden path on the way, then yes, I can't see why that wouldn't count Ibian.

After all, your belief in the bitcoin fundamentals and your making a really huge quick buck are not mutually exclusive.

But pssst ... when you cash out don't cash out to dollars hey ? Maybe property or something.

legendary
Activity: 2268
Merit: 1278


But when people talk about money, brains hasten out of the back door into the woods, never to be seen again in the conversation, and everything that is considered a given and completely normal in real life, is suddenly turned upside down.

I think, in a well articulated nutshell, you have just encapsulated Cryddits concerns.

I know this is a speculation thread and everything, but who amongst us, that aren't just here for the quick buck and who actually 'believe', hasn't had concerns over how something as pure as bitcoin could be commandeered by influences something less than benevolent ?
I am here for a really huge quick buck which will only be possible if my belief in the bitcoin fundamentals are correct and obviously our Great Leaders won't like something they can't control. Does that count?
legendary
Activity: 3808
Merit: 7912
hero member
Activity: 770
Merit: 500


But when people talk about money, brains hasten out of the back door into the woods, never to be seen again in the conversation, and everything that is considered a given and completely normal in real life, is suddenly turned upside down.

I think, in a well articulated nutshell, you have just encapsulated Cryddits concerns.

I know this is a speculation thread and everything, but who amongst us, that aren't just here for the quick buck and who actually 'believe', hasn't had concerns over how something as pure as bitcoin could be commandeered by influences something less than benevolent ?
legendary
Activity: 2268
Merit: 1278
Who the hell is Milo?
A gay jew on the right who likes to trigger people.
legendary
Activity: 3122
Merit: 1538
yes
'[...] besides, it was too depressing.'

I am sensing some strong convictions about what freedom should be all about.

But when people talk about money, brains hasten out of the back door into the woods, never to be seen again in the conversation, and everything that is considered a given and completely normal in real life, is suddenly turned upside down.
hero member
Activity: 770
Merit: 500
.. from a man who reviewed Bitcoin code in 2008.

Cryddit surely ?

Definitely Cryddit - 'Once Bitcoin became successful, there were copycats. More than three thousand short-lived cryptocurrencies using the same protocol have been launched. At this date most are no longer extant. For a while I tried to keep track of them as they passed, and tried to record at least a few words about how and why each one failed. But I couldn't keep up, and besides, it was too depressing.'


Its legit.
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