Author

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 5681. (Read 26609067 times)

legendary
Activity: 3766
Merit: 5146
Note the unconventional cAPITALIZATION!
$56k and rising. <--- This is fine.
No singing llama posts. <--- Worried!
This is, unfortunately, a valid observation...
legendary
Activity: 3766
Merit: 5146
Note the unconventional cAPITALIZATION!


corn wilts in the field
we have simply forgotten
haikus like sunshine
legendary
Activity: 2050
Merit: 1184
Never selling

Ugh.

I know I am constantly defending the idea of "Bitcoin Banks", and "Trusted second layers" which probably ruffles cypherpunk feathers a little...  And I stand by the idea that bitcoin is big enough for "all the things".

But this?

This smells like NYA 2.0 Sad  It's the same usual suspects, all of them seem to be anti-segwit.  The Square team is the only one that seem like it ever had a pro lightinig stance.  I dunno.. I feel like Fidelity has been a good actor.  But I do not trust that bald f^%k.

The next war begins.  Get ready for a push for PoS, the rejection of the Lightning network etc.  I imagine this time there will be a public marketing campaign to sell the ideas... I have a feeling it is gonna get nasty as hell.   

I am most worried about the seeming inevitable push for PoS.  Because would a group of the biggest custodians benefit from PoS?  Yes.  They would.

I hope I am wrong.

Yeah PoS is downright near evil in my opinion. Talk about giving power to rich. PoW means miners have to actually work, make capital investments, develop future strategies etc. If they make shitty decisions they will get weeded out by the market. PoS means the rich, can simply sit on their riches and get new coins without doing any work at all. They will therefore always hold onto power, and with no running costs like PoW miners, their piles of riches will never decrease, only grow. Hell, PoS is even better then owning politicians or succesfully lobbying government, the protocol becomes their's without any effort.

PoS must be avoided at all costs, to fail in this mission means a certain return to lords and serfs.
legendary
Activity: 3766
Merit: 5146
Note the unconventional cAPITALIZATION!

Ugh.

I know I am constantly defending the idea of "Bitcoin Banks", and "Trusted second layers" which probably ruffles cypherpunk feathers a little...  And I stand by the idea that bitcoin is big enough for "all the things".

But this?

This smells like NYA 2.0 Sad  It's the same usual suspects, all of them seem to be anti-segwit.  The Square team is the only one that seem like it ever had a pro lightinig stance.  I dunno.. I feel like Fidelity has been a good actor.  But I do not trust that bald f^%k.

The next war begins.  Get ready for a push for PoS, the rejection of the Lightning network etc.  I imagine this time there will be a public marketing campaign to sell the ideas... I have a feeling it is gonna get nasty as hell.   

I am most worried about the seeming inevitable push for PoS.  Because would a group of the biggest custodians benefit from PoS?  Yes.  They would.

I hope I am wrong.
legendary
Activity: 2590
Merit: 4839
Addicted to HoDLing!
$56k and rising. <--- This is fine.
No singing llama posts. <--- Worried!
legendary
Activity: 2050
Merit: 1184
Never selling
https://decrypt.co/64168/former-bitmex-ceo-surrenders-face-trial

This got anything to do with the recent drop? I'd say probably not but who knows, plenty of idiots easily scared

Everyone knew he was going down though.

Yeah for sure but fuck knows; it's like some people want a reason to be affected by FUD

ha, I hear ya.
legendary
Activity: 1235
Merit: 1202
https://decrypt.co/64168/former-bitmex-ceo-surrenders-face-trial

This got anything to do with the recent drop? I'd say probably not but who knows, plenty of idiots easily scared

Everyone knew he was going down though.

Yeah for sure but fuck knows; it's like some people want a reason to be affected by FUD
legendary
Activity: 2050
Merit: 1184
Never selling
https://decrypt.co/64168/former-bitmex-ceo-surrenders-face-trial

This got anything to do with the recent drop? I'd say probably not but who knows, plenty of idiots easily scared

Everyone knew he was going down though.
legendary
Activity: 1708
Merit: 3439
Man who stares at charts (and stars, too...)
Poor again.
Lost all your fiat to forgotten buy orders?  Wink

Corn price going lower than I'm comfortable with at this time. Was hoping we'd be closer to $60k by now.

Got a ranch to build. That shit doesn't come cheap.

I know these feelings, gotta move forward with extending the hou$e. All will be fine, though.  Grin
legendary
Activity: 2050
Merit: 1184
Never selling
Poor again.
Lost all your fiat to forgotten buy orders?  Wink

Corn price going lower than I'm comfortable with at this time. Was hoping we'd be closer to $60k by now.

Got a ranch to build. That shit doesn't come cheap.

As an alternative, fiat is cheap. It would be possible to get a temp fiat loan to hold you over.
legendary
Activity: 1235
Merit: 1202
https://decrypt.co/64168/former-bitmex-ceo-surrenders-face-trial

This got anything to do with the recent drop? I'd say probably not but who knows, plenty of idiots easily scared
legendary
Activity: 1869
Merit: 5781
Neighborhood Shenanigans Dispenser
Poor again.
Lost all your fiat to forgotten buy orders?  Wink

Corn price going lower than I'm comfortable with at this time. Was hoping we'd be closer to $60k by now.

Got a ranch to build. That shit doesn't come cheap.
legendary
Activity: 2050
Merit: 1184
Never selling
Support line just above 54k. Let's see if we hit it.

Is price being pushed down prior to coinbase IPO and US ETFs?

Just remember that the lower the USD price the more BTC you get for your fiat. 1 BTC = 1 BTC
legendary
Activity: 1708
Merit: 3439
Man who stares at charts (and stars, too...)
legendary
Activity: 1869
Merit: 5781
Neighborhood Shenanigans Dispenser
legendary
Activity: 1708
Merit: 3439
Man who stares at charts (and stars, too...)
If for some reason you decided to buy your first BTC this morning around 9AM forum time, that sucks.

Cool

Buying the top and hodling hard beyond a new ATH is part of the transformation to a Bitcoiner, isn't it?

If it doesn't kill you, it makes you poorer.

Now that's the birth of a new proverb  Cool

Quote
What doesn't kill you makes you poorer richer!
FTFY.

Why poorer? If anything, HoDLers came out so much richer after 2017...

Instead, mindrust is dead (read: nocoiner) and poor.

Well, if you put it that way, you're probably right (too)  Grin

I feel for those poor S/L traders (because i don't have fiat to buy a lil part of  their market sacrifices)
sr. member
Activity: 616
Merit: 292
I don't know where I'm going, but I'm going.
legendary
Activity: 2590
Merit: 4839
Addicted to HoDLing!
If for some reason you decided to buy your first BTC this morning around 9AM forum time, that sucks.

Cool

Buying the top and hodling hard beyond a new ATH is part of the transformation to a Bitcoiner, isn't it?

If it doesn't kill you, it makes you poorer.

Now that's the birth of a new proverb  Cool

Quote
What doesn't kill you makes you poorer richer!

FTFY.

Why poorer? If anything, HoDLers came out so much richer after 2017...

Instead, mindrust is dead (read: nocoiner) and poor.
legendary
Activity: 1708
Merit: 3439
Man who stares at charts (and stars, too...)
If for some reason you decided to buy your first BTC this morning around 9AM forum time, that sucks.

Cool

Buying the top and hodling hard beyond a new ATH is part of the transformation to a Bitcoiner, isn't it?

If it doesn't kill you, it makes you poorer.

Now that's the birth of a new proverb  Cool

Quote
What doesn't kill you makes you poorer

+1 WOsMerit

Not bad. At least $5k above the last dip just before the march CME futures expiry date. This one is unrelated (yet)?

EDIT: Invalidated my chart linedrawing completely, though  Shocked
legendary
Activity: 1582
Merit: 1059
nutildah-III / NFT2021-04-01
If for some reason you decided to buy your first BTC this morning around 9AM forum time, that sucks.

Cool

Buying the top and hodling hard beyond a new ATH is part of the transformation to a Bitcoiner, isn't it?

If it doesn't kill you, it makes you poorer.
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