Author

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 3900. (Read 26711510 times)

legendary
Activity: 2520
Merit: 3038

I was sure Bob would go all the way to Carolina Reapers.

A new twist for CCMF: Carolina Chili Mentrance Freshener?
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 1869
Merit: 5781
Neighborhood Shenanigans Dispenser
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 4354
Merit: 3614
what is this "brake pedal" you speak of?


Why are you showing us the shitcoin ethereum versus BTC charts?  Is there some kind of relevance to anything that is meaningful and important in this world?



so ok so here is a chart relevant to all of us here in the WO

google search: ramen noodles vs bitcoin

legendary
Activity: 3948
Merit: 11416
Self-Custody is a right. Say no to"Non-custodial"
CDBCs vs Bitcoin is a very interesting discussion to have.  There are pros and cons to both.  And to different sorts of users.

Pros and cons to both..

fuck that nonsense...

snap out of it cAPSLOCK...

There are no pros to CDBCs except from a panopticon perspective.. and yeah, maybe CBDCs would work good in an institution or in a jail..

and I refuse to consider citizens (or member of the populous) as either inmates or institutionalized....

Otherwise, you brought up good points in your post.. except that "pros and cons to both" bullshit.   Roll Eyes Roll Eyes Roll Eyes


Get a damned grip.  Tongue

You are, as you tend to do, inferring things I do not mean.

Well, don't say it then.

I was merely going by what you said, and how you chose to say it.

It should be clear what I think about the CDBC vs BTC debate which is coming, whether or not we want it to.

No it is not going to be clear, if you do not say it.  Maybe some people can read between the lines or read your mind, but not this cat.

Here are some of the things they will say are reasons CDBCs are superior:

  • Lost or stolen CDBCs can be replaced without cost
  • Stolen CDBCs can be cancelled and be made unusable or even made to disappear.
  • CDBCs retain the central authority of the central banks
  • CDBCs can have programmed interest rates, including negative interest rates
  • CDBCs can be locked to an individual identity
  • CDBCs can be tracked at a granular level
  • Terrorists and other criminals can be stopped from being able to use their money (as well as protesters the bankers do not like etc)

Oh gawd.. sounds like a slippery slope to me.

Fuck CBDCs and the pumping of them... especially in this thread. 

I am against the pumping of CBDCs in this thread.. just like Arriemoller is against Chart Buddy... but I think that my position is more reasonable than Arriemoller's.... Just say no to CBDCs and their pumpenings, especially in this thread.

Another angle you know is going to get worked is the whole "social justice"/equity/privilege angle... and the people who bite are gonna bite hard.

*I* do not see ANY of those things in that list as a PRO.  I see all of those things adding up to a draconian nightmare.  But there are people who will see all those as advantages.  Obviously the central bankers will. But so will ordinary citizens.  A very smart person I know (she is a bitcoinner now) when I first explained how bitcoin worked immediately asked me this:

"So if my bitcoin are lost or stolen, that is 100% final?  There is no way to get them back?  I am not sure how to see this as better!"

It took a little while for me to explain that this settlement finality IS INDEED a feature, not a bug and while you can always add guarantees or insurance to a transaction, there is no way to add that level of finality to an asset that does not settle that way.  You can always ADD a trusted third party (like a bank) but if they are in the equation by design you can never take them away.

If you are talking about bitcoin or ways to improve bitcoin, then great.  Yes... bitcoin is going to retain some self-banking aspects and some third custody aspects, and the self-custody can be a lot of responsibility, just like if you lose the $100 that is in your wallet.. you cannot necessarily get it back.

The powers that be are going to sell CDBCs VERY HARD. 

Sure they are, but should we be making their arguments for them?  NO problem, if there might be some desires to talk about the issues including that a lot of folks believe that in early to mid 2021 (and seeming to continue) China had started a more intensive crackdown on various aspects related to bitcoin because they were considering bitcoin to be competition to their CBDC.. whether that is the full reason or only part of the reason, it does seem to fit within the story regarding why China has taken some of its recent hard public stances in regards to bitcoin.

And that list has some of the points they will use.  PROs by THEIR definition, not mine.  But we will need to be ready to expose those for the CONs they are.

Great.. .I am glad that you are planning to know your enemy.. Hopefully, you do not lose sight of what is bitcoin in the process.



Why are you showing us the shitcoin ethereum versus BTC charts?  Is there some kind of relevance to anything that is meaningful and important in this world?
legendary
Activity: 2520
Merit: 3038

Let's just be glad it's a jalapeño and not a habanero - or worse.
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 3388
Merit: 4775
diamond-handed zealot
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 3654
Merit: 8909
https://bpip.org
Does Putin give you boys a pat on the head while your sucking him off?

You're confusing them with someone important. It's just a job, and with  the ruble being what it is now, the pressure is on to post more.
legendary
Activity: 3836
Merit: 4969
Doomed to see the future and unable to prevent it
CIA and MI6 decided to join the sanctions. They will withdraw their assets in Russia.


 Cheesy Cheesy Cheesy

... such good guys, they always do the right thing for solidarity to the cause
.... they'll probably go the extra mile in virtue-signalling and withdraw their assets from Ukraine too!

Does Putin give you boys a pat on the head while your sucking him off?
legendary
Activity: 3920
Merit: 2349
Eadem mutata resurgo
Quote
Bill Gates: "I'm not bullish on Bitcoin"
https://twitter.com/BitcoinMagazine/status/1501667762552324099

WO-gang: We don't f*ck**ng care

... that's weird we were told that all the criminals and pedophiles were bullish on bitcoin?
full member
Activity: 868
Merit: 202
Quote
Bill Gates: "I'm not bullish on Bitcoin"
https://twitter.com/BitcoinMagazine/status/1501667762552324099

WO-gang: We don't f*ck**ng care
legendary
Activity: 3766
Merit: 5146
Note the unconventional cAPITALIZATION!
CDBCs vs Bitcoin is a very interesting discussion to have.  There are pros and cons to both.  And to different sorts of users.

Pros and cons to both..

fuck that nonsense...

snap out of it cAPSLOCK...

There are no pros to CDBCs except from a panopticon perspective.. and yeah, maybe CBDCs would work good in an institution or in a jail..

and I refuse to consider citizens (or member of the populous) as either inmates or institutionalized....

Otherwise, you brought up good points in your post.. except that "pros and cons to both" bullshit.   Roll Eyes Roll Eyes Roll Eyes


Get a damned grip.  Tongue

You are, as you tend to do, inferring things I do not mean.

It should be clear what I think about the CDBC vs BTC debate which is coming, whether or not we want it to.

Here are some of the things they will say are reasons CDBCs are superior:

  • Lost or stolen CDBCs can be replaced without cost
  • Stolen CDBCs can be cancelled and be made unusable or even made to disappear.
  • CDBCs retain the central authority of the central banks
  • CDBCs can have programmed interest rates, including negative interest rates
  • CDBCs can be locked to an individual identity
  • CDBCs can be tracked at a granular level
  • Terrorists and other criminals can be stopped from being able to use their money (as well as protesters the bankers do not like etc)

Another angle you know is going to get worked is the whole "social justice"/equity/privilege angle... and the people who bite are gonna bite hard.

*I* do not see ANY of those things in that list as a PRO.  I see all of those things adding up to a draconian nightmare.  But there are people who will see all those as advantages.  Obviously the central bankers will. But so will ordinary citizens.  A very smart person I know (she is a bitcoinner now) when I first explained how bitcoin worked immediately asked me this:

"So if my bitcoin are lost or stolen, that is 100% final?  There is no way to get them back?  I am not sure how to see this as better!"

It took a little while for me to explain that this settlement finality IS INDEED a feature, not a bug and while you can always add guarantees or insurance to a transaction, there is no way to add that level of finality to an asset that does not settle that way.  You can always ADD a trusted third party (like a bank) but if they are in the equation by design you can never take them away.

The powers that be are going to sell CDBCs VERY HARD.  And that list has some of the points they will use.  PROs by THEIR definition, not mine.  But we will need to be ready to expose those for the CONs they are.

legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 3920
Merit: 2349
Eadem mutata resurgo
CIA and MI6 decided to join the sanctions. They will withdraw their assets in Russia.


 Cheesy Cheesy Cheesy

... such good guys, they always do the right thing for solidarity to the cause
.... they'll probably go the extra mile in virtue-signalling and withdraw their assets from Ukraine too!
legendary
Activity: 3948
Merit: 11416
Self-Custody is a right. Say no to"Non-custodial"
Total number of unique addresses that have ever appeared in a Bitcoin transaction:...
https://twitter.com/wclementeiii/status/1501597845601886210?s=21

 That was me.

 William has been dealt with, and his post removed.

 How do you feel right now?

I don't feel good.

 Cry Cry Cry

Thanks for taking the time to ponder my question, @JayJuanGee. I admit it was hastily written down - I did little beyond copying it from that twitter link.

The question itself, at least as I meant it, can be answered with certainty, and is not of a speculative nature.

Here it is again, in more precise wording.

Which is the shortest WMA that has never been higher than the price?

Let's assume the first 2-3 years don't matter much, so the answers can look at 2012 or so onwards.

Call me a dummy, if you must... that clarification does not help me to say anything more than what I have already said...  Cry Cry Cry
legendary
Activity: 3920
Merit: 2349
Eadem mutata resurgo
... taking a big picture, long term panorama of the events surrounding Russia and USA it's pretty clear we're witnessing the end of the petrodollar system
... SWIFT bans, Russia CB assets of over $500 billion "frozen" ( stolen), oil and gas prices in dollars going haywire, oil embargos, Saudis UAE not taking phone calls from potus, Saudis joining military pact with Russia, russia trading oil for yuan trading with china .... it all means the petrodollar is coming to an end and we are no longer in a unipolar world of USdollar hegemony and that's a good thing but the birthing pains are not pretty
... this guy has some interesting thoughts along the same lines, not sure I agree with them all but worth considering
https://mobile.twitter.com/ClarkiiStomias/status/1497835894782382080?cxt=HHwWgMCqhe_zsMkpAAAA
Quote
Putin didn’t just invade the Ukraine on 2/24/2022, he officially ended the #petrodollar system. How? Remember, Russians don’t do anything without a plan. They and China have been prepping for this moment for years and are now ready:

... bitcoin may have played a part by making enough people wake up and ask "what is money?", or maybe even some in influential positions to question the links between work, effort, energy and money

... what fills the vacuum left by the imploding petrodollar is where the game is headed next, look to where the game is going not where the ball is

.... can bitcoin get involved in being traded for oil and gas and other sanctioned commodities from Russia?

... Will Saudi, UAE and OPEC producers now realise their US petrodollar holdings can be "frozen" on a whim and want to trade oil for bitcoin or gold only?
https://mobile.twitter.com/BTC_Archive/status/1501583711216807940?cxt=HHwWiMC5ub-b2dYpAAAA
... maybe petrobitcoin has already started
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