Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 3612. (Read 26723968 times)

wow.... I had not known about this =

Bitcoin for Everybody = https://learn.saylor.org/course/view.php?id=468

Whole site is pretty neat, had not ever heard of it, but now that I have, I will certainly be forwarding this BTC course onto many people that I know, that have asked me about BTC in the past, and those that will ask about it in the future....

Another feather in Michaels cap....... well played


Pass it around
 

DUH , you got me, I totally scanned the post and did not notice at first the scale , nor the upside down chart...thought you had just posted a chart of recent downtrend on lower timescale........

...... the good ol upside down chart trick...  It is actually really good idea to look at inverted scale charts sometimes to test your bias.

Yeah interesting... because in most cases, people have not really tried to make something from nothing, but to harness or convert one thing and change it into another, which is different from something from nothing.

Alchemy stars with something .... it isn't just starting from nothing  (ie lead to gold, starts with lead)

Humans have long harnessed one thing for another, that was seemingly "free" , and it involves harnessing the "classical elements" ie fire earth wind water, and we have been pretty successful at it... when you consider, farming, windmills, sailing, engines, hydro energy etc etc.

 Ultimately thermodynamics/the law of conservation of energy shows us that whilst energy can be changed from one form to another, it cannot be created or destroyed.

Yuh, the whole question(S)  re big bang, what was there before, where did it happen, what did it expand into, etc etc is the most awesome of mind fucks, and I love it

 ..... you know I have not figured that out myself either lol, I have on several occasions thought I had figured it out, only to be unsure again later

US dollar survives on proof of reserves..................... of joules of TNT  

I am not ready to totally write off PoS yet........ I know, not a popular point of view round these parts...... but I am totally prepared to be wrong, and perfectly happy to profit from them in the meantime lol, I am mercenary like that

no more to zoom...

1-BTC/USD since 2012 is definitely the best zoom available....

Sure, but I was talking merely about a concept.

Explanation

Until you take into account the proof of work, energy consumed, man/brain power and resources deployed

It absolutely would be if it were not for Proof of Work.  What you are describing is the US dollar, or a PoS coin.

This is one of the most simple, but badly understood pillars of Bitcoin.  And we are not even close to being done with the attacks against PoW.  Because not only is it what gives Bitcoin actual value it is also the KEY to taking the power away from the state.

Zoom out

Lyn Alden says:

"Throughout history, people have attempted to create something from nothing."

My thought...isn't bitcoin also 'something' from 'nothing'?
seems like a false initial thesis.
If he/she (not sure about gender) started from a different initial thesis, for example directly mentioning alchemy vs shitcoins from the first phrase, then it would flow better.

A thought occurred...the current astronomy/physics also assumes getting something (our Universe) from essentially 'nothing'?
I read a very interesting theory recently about the theory that Universe's birth was at the same time as something you could call a 'negative' Universe (-Universe).
In such case, together they are, indeed, 'nothing'. To me this sounds better than one-sided Universe from 'nothing'.

Chart reminds me of dying shitcoins 

For sure , the guy is one hell of a salesman for BTC..


"#Bitcoin is a swarm of cyber hornets serving the goddess of wisdom, feeding on the fire of truth, exponentially growing ever smarter, faster, and stronger behind a wall of encrypted energy." M Saylor - 2020

TAKE MY MONEY !!! lol

He is very pro the institutions involvement, but, basically, that is kind of inevitable... and they do not get to write the rules

Xi & co have no doubt been watching what is happening in Ukraine and Russia, and taking notes...... whilst they tweek their plans for Taiwan, and further.

You realise that China has said, that they intend to extend their sphere of influence, and to eventually include half of Australia within that sphere.....


Not to mention Africa..... where China is also making moves.


Don't get me wrong becoin, yes the USA and Europe have been playing these games forever too...... (see monroe doctrine for the USA's long held stance) and that just makes the collision course that much more likely.

 

I know a lot of us cipher idealists don't want to like him... but he is some of the clearest signal out there.

We have been saying "Bitcoin is for everyone/enemies/etc" for years.  He is shouting to the mountaintops to the people with the money.

The Luna crash will be bullish for bitcoin because it will bring the regulation.

But the cipherpunkish secret? They can't regulate bitcoin.  They can only regulate all the other centralized garbage (I think they will have a little trouble with Monero too, but hey... it's Saturday)



Also very high signal.

Worth a read

Digital Alchemy: A Post-Mortem of the Crypto Crash


https://www.lynalden.com/digital-alchemy/

Explanation

Well if China has 50% of the worlds grain, and the US holds 50% of the grain.....then..... problem.

Also, this does not mention energy (petro dollar)

Also, the other main part that is being pointed out are the moves from China to put in place legislation that will help them if they are going to be sanctioned, and why do you suppose that is?  and about their want to repatriate assets to China (of course countering capital flight is a long standing Chinese policy) etc , and it is no secret they plan to increase their "sphere of influence" they have made this clear since the 80/90s.

..... but, it is not JUST this ^^, alone that is why I posted.... I have long held the belief that China and USA/West are potentially on a collision  course. There was a little window there perhaps 10-15 years ago where I had some hope that it would be averted, and that China would "come into the fold" , but alas I fear that they have gone the other way.  China, imo, are probably not ready yet , to make their move.... but somewhere between 2025-2032, I think there is a possibility that they are on course for a collision with the west.


Much of the military industrial complex seems to be of the same opinion (on both sides) , it likely has already started, and "hostilities" are live right now, with "greyzone warfare" and /or "hybrid warfare"

If you look at papers published by both sides, they intend war first with political co-option , financial/trade wars, disinformation/misinformation, biological etc, for as long as possible, before any potential "hot war"

Anyways..... this whole situation will unfold and there is nothing any of us can do about it, it is part of a long and unstoppable arc, but, somewhere in here there is a black swan or two or three, like no other in the making


 

https://youtu.be/4TvAklq0B_Q