Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 3352. (Read 26715118 times)

Explanation

As a rule, in any public discussions, >90% of readers are lurkers.  With some of my recent substantive posts, I write primarily for the lurkers.  I am seeking to reach people with important substance; I do not care even a whit about “seeking attention” in the usual sense of that term.  Thus, although I appreciate thoughtful replies from WO regulars such as yourself, OOM, it is unimportant to me if I become generally unpopular here.

A few low-grade trolls have been yapping and nipping at my heels.  They thus show their true character.  They do not realize how it looks to the public, when they habitually follow my cogent, substantive posts with repetitive, ridiculous, irrelevant, sometimes factually false and libellous, oftentimes vulgar, always rude ad hominem personal attacks on me.  They also don’t realize that I have them ignore-listed, so I myself only see their posts either when someone quotes them (as here, in the internal quote), or when I take an archival snapshot of some page (I do that often).  Accordingly, they show themselves as spite-driven fools to my primary audience—without even getting my attention:  Losers get a lose-lose deal here.

Their ultimate objective, of course, is to drag me down to their level.  I mind the old proverb about wrestling with a pig:  You get muddied, and the pig enjoys it.  I have seen what happens, when decent people get dragged into the mud that way—take a look in the Reputation forum, and bring your barf-bag!  Taking the high road is much cleaner—especially in the eyes of those >90% lurkers.

It is for such reasons, OOM, that I was reluctant to reply to your thoughtful post.  I do not want indirectly to feed sirazimuth’s trolling.  I do not wish potentially to be dragged next into back-and-forth arguments about me, which are incited by smear-attacks and are liable to be quite dirty.  If he obsessively snipes at me, so what?  Why should I care?  WO is almost a free-fire zone; trolling is explicitly allowed in WO, as a special exception to the forum’s rule against trolling.  Here, he can troll to his heart’s content.  I am not obliged to pay him the attention that he craves.

Nonetheless, you raised some points much worthwhile for discussion.  I do not want to ignore that!


I myself never used ignore-lists before quite recently.  I have always wanted to see the full discussion.  If I deem someone generally not worth reading, I can skim.  For that purpose, my eyes and brain make a much better filter than an ignore-list; the ignore-list is a blunt tool.  Of note:  I still do not and will not ignore-list people simply because I find their opinions generally disagreeable.

Moreover, I have a supreme contempt for the general use of the Almighty Ignore-List as some sort of a comical non-punishment—sort of the opposite of a Facebook “Like” button.  So what if someone ignore-lists me?  Am I here to win a popularity contest?  If someone wants to ignore-list me, then I prefer for him to ignore-list me.  I have the self-confidence and self-esteem to know that if someone personally rejects me from spite or for other petty non-reasons, that’s not my loss.  Those who ignore-list me are ipso facto unworthy of reading my posts—and they are probably incapable of comprehending them, anyway.  My posts will be read by those who want to read them.

Now, however, I have discovered that ignore lists have one good use.  If ever you are being personally harassed by trolls, it is a mistake to give them what they want!  Ignore-list them, but take archival snapshots of relevant pages—just in case you ever fancy wasting time and effort with a reckoning.  They probably aren’t worth it.  They certainly aren’t worth even one minute of any sane person’s limited lifetime, perhaps unless (a) they hold significant positions of community trust and responsibility, and (b) they show dishonesty.  In that case, a reckoning would not merely be about settling personal scores in some petty Internet grudge-match.

As I have said before, one of the great distinctions between Bitcoin and most altcoins is that the Bitcoin community cleaned up some awful garbage early on—things even worse than what now commonly befouls most high-cap/mid-cap altcoin ecosystems!  But that process never ends.  Vigilance is always needed.  And sadly, this forum has regressed in recent years.  Corruption here has increased, not decreased.  Some outstanding contributors have disappeared—some in disillusionment.  The first principle behind Gresham’s Law is generally applicable, and it cuts both ways:  The good can chase out the bad, or the bad can chase out the good.

The problems with this forum are not problems with Bitcoin itself.  Bitcoin is thriving—Bitcoin itself is thriving, in its usage and its long-term prospects.  Nowadays, most major happenings in Bitcoinland occur far away from this forum.  Nonetheless, this is still a major venue for Bitcoin discussion—and it is Satoshi’s forum.  What is this forum worth?

Aside from such musings, I make efficient use of the ignore list just to save time and to clear clutter.  If you ever have any problems with users who want to follow you around obsessively and spit at you, then consider the ignore list as an efficient (non-)response.

Welcome to the WO. I have never really liked SBF. Sure, he's a brilliant mind, but him and his trading firm Alameda Research has done more harm than good to bitcoin. He's far from a bitcoin maxi.

Explanation

I am thereupon uninterested in further discussion with you.  I reply hereby only for the record, on some points I wish to set straight:


Context:  My question was rhetorical.  I was not seeking your analysis or advice.  My point was clear; the problem is not in my statement thereof.

You have been speaking to me as if I have too little BTC to care.  I have read many of your posts before.  By all advice that I have ever seen you give to anyone, I am currently overinvested in Bitcoin—overexposed, with too much skin in the game—and yet, you treat me as if I don’t care about Bitcoin because I lack sufficient “stake”.

Where I now stand with BTC—for the moment:

I obviously do not intend to let my BTC level remain so low!  It is a bit difficult to increase it, when I currently have $0.28 USDT available purchase funds, effectively zero cash flow, and too much time spent posting here.  In the due course of time, I have confidence that I will recuperate financially.  I reasonably expect for it to require considerable patience and effort.

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It is slippery of you to hurl numerous unnecessarily personal negative remarks at me, sometimes laced with profanities, and then accuse me of “a tendency to take matters personally”.

My ideas are indeed oftentimes emotional.  I am passionate about Bitcoin.  I know that it sometimes leads me to make economically irrational decisions, which have ironically resulted in my having much less BTC.  But all in all, I don’t think that being passionate about Bitcoin is a bad thing.


That accounting is like proudhon’s valuation of BTC.  If the natural maximum price of BTC is $100, and it must return to that price, then I guess you have said a total of three dumb things.

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The foregoing was prepared earlier.


I should not have held it.

Part of the issue also seems to be that he came into the thread with a seemingly specific purpose of mindrusting.. so I find that somewhat problematic.. even though he does make some decent points from time to time, you just have to sort through them.. so there seems to be a tendency for some of the misleading kinds of information and conclusions (or is it action points?) to be intertwined with the good ones.. so some folks might find it too cumbersome to sort through..  that's one of the senses that I am getting.


They are tough and fast little fuckers.

I can hardly imagine... and I am thinking that 1/2 a meter tall insect may well be quite a challenge for us if we were confronted with insects that were that BIG....

I was walking today on a not very well lit city street and a loose dog (maybe about 30kg/66 lbs and maybe a little over 1/2 meter tall) was really aggressive towards me... ..I think that I was looking at my phone while walking when that doggie first came charging at me, and surely it was a good thing that the dog was barking while it was running at me.. ..so it gave me notice of its approach.. and my learned response is to attempt to look must as mean as the dog (not to run, of course).. So, I kind of got the dog to stay back with my counter aggressiveness of just trying to look BIG, but that dog was not inclined to give up, so I could not really continue to walk, because every time I turned my back, that would be a signal for the dog to come back at me from the back.

Anyhow after a couple of minutes, the dog ended up staying back, yet if that dog really went at me, I would have troubles.. especially in the dark.. and I would not want to lose my footing...

If insects were not afraid of us, and a similar size to that dog.. holy fucking shit. they  are way faster than dogs.. relatively speaking.. and they likely would have no possible compassion towards people way more ruthless than a mean dog.;. we would need to go walking with guns for sure... and maybe that would not even be enough?


Aw shucks. I am blushing.




ImThour has some hidden talents.  I am not sure if "we" would want to invite him to reveal more of those (aka keep them hidden - to the extent that they even exist   ).  He's a threat to the sustainability (solvency); (integrity) of this thread.  #justsaying.

Retesting $20k (slightly under now).  (12 hours ago.)

Explanation

From January 2018, deserves credit:



Any earlier visual manifestations of this meme?  Though I don’t think anyone was talking about $100k before the 2017 rise and subsequent crash.  Well, not seriously—not non-marginally, in the sense of “you can say this in polite company without looking ridiculous”.  There have always been people who expected, or said that they expected what most others see as wildly outlandish numbers.  Still are.  A few may be visionaries, but most are sleazy attention-seekers.  That’s why McAfee did his showmanship with his infamous promise about $1 million.

Too bad the $100k number in the last panel has not changed in >4 years.

I was reading yesterday a couple of papers about animal sizes and it is quite amazing how the size of the same species, apparently, changes during time: almost by a factor of 2X or more. Small size usually correlates with higher temperatures and/or stress in the environment.

I also remember seeing a medieval adult armor in some museum (the argument would be that there was a lot of stress and less nutrition, probably, back then). It looked to fit to a current teen, no more than that.

Therefore, humans might "shrink" as well going forward IF temperatures would be rising (or some stress ensues).

As far as bitcoin is concerned, I still think that we would be mildly positive in the next 3-4 wks if no sudden bankruptcies happen.

I sense sarcasm, and i am fairly good at using, but bad at recognizing it.
Whatever, have my two cents:

I'd rather have to read or scroll through discussions between three JJG's than the nonsense that permabears, beggars, attention whores and toxic morons leave in this thread.
It's easy and quick to check a JJG-sized post for interesting information and scroll through it if not satisfied, while it's a nightmare to scroll through many one-liners of nonsense or brainless rants, even if they show in the form of "This User is on your ignore list" maskings. I respect JJG and death_wish for being serious about their opinions, and i share their (obvious) favor for detail. That's much better than those testosterone-laden posting catfights.

Don't you agree?

EDIT: I don't use ignore lists for a reason. Freedom of speech.

 

Explanation

Indeed the Bugs in the great Carboniferious era were massive. However the Insects and Arthropods were huge in Cretaceous era as well. Like : Meganeuropsis Permiana


Which went extinct as soon birds came into existence.. It is just that Cretaceous era is mentioned a lot more since it probably had a wide variety of Life

However all beautiful creations of Life

Most likely we're going to consolidate in the $20K region for a while, and maybe get a relief bounce; but the overall crypto market is losing liquidity every single day.

While Sam at FTX may have saved a couple institutions from failing (which is unethical, im my opinion), by loaning them HUNDREDS of BILLIONS of dollars - thats only 2 out of the dozens of big players who are at risk of failing & dumping the BTC price lower.
https://youtu.be/l0On0QabigY

I thought it (high oxygen) was during Carboniferous about 300 mil years ago.
Cretaceous is when oxygen level was only 10-15%, apparently.
Cretaceous was suspected for high oxygen before, but now evidence points in other direction.
https://www.sciencedaily.com/releases/2013/11/131118081043.htm

also confirmed in:
https://en.wikipedia.org/wiki/Geological_history_of_oxygen

Overall, I have to say that there was a lot of contradiction in data before 2016.

Explanation

The Apocalypse is nigh.  Rivers turn to blood.  Quantum superimpositions threaten our bits.  I agree firmly with an SEC commissioner on a “crypto” issue.

@SBF_FTX, where is *my* bailout?  Will you refund to me my lost Bitcoin, plus all of the altcoins I wasted struggling to save it?

#moralhazard

“The Times Jun/2022 @SBF_FTX on brink of second bailout for scams, Ponzis, and bad business models”


https://nitter.net/Cointelegraph/status/1539635575602429952?t=Gqt6N7hS2FY69X7VzjMdAw&s=19
Links to:

Not only is it not needed:  It practically guarantees worse in the future.

#moralhazard

Indeed, that sounds like a good plan. Imagine having 2 JJG's on one single thread. Surely WO can't handle this much stress test.

Well, I'd venture to guess we could have page parity in one easy step.
....Just delete all your blah blah blah posts.... Win, win....