Author

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 5730. (Read 26611302 times)

legendary
Activity: 3892
Merit: 4331
Along the lines of the NFTs, my dad registered a star for the family about 20 years ago. Guess how many billions of dollars that's worth now.

The problem with the stars is that they are currently unreachable.
Interestingly, such star purchase is described in the "Death end"-the 3rd book of the Liu Cixin trilogy.
The story auction (in the future) was 'official', but value relatively low because it was just a star.
Then, after it turned out....read the book  Grin

re bitcoin vs dollar..there are many much weaker currencies that would probably be hit first, way before the dollar, see turkish lira, nigerian naira and argentinian peso.
Between just these three, it is 328 mil people, exactly the size of the whole US population.
hero member
Activity: 812
Merit: 587
Space Lord
legendary
Activity: 3598
Merit: 2386
Viva Ut Vivas
Along the lines of the NFTs, my dad registered a star for the family about 20 years ago. Guess how many billions of dollars that's worth now.

NFTs are pretty much the same thing. There are several private star registries. Sure, you can't own your favorite star in one registry so you can just go to the next registry and register it. Or you can create your own registry and own all of them. Same thing with NFTs. Someone can buy Elon Musk's first tweet on X blockchain and nobody on that blockchain can own that tweet. But they can go onto Y blockchain and buy that tweet. It's all a matter of consensus and wether or not people will all deem one blockchain as the place where the true NFTs reside. Otherwise will be many different ones and it will all become useless.

Most things in society are about consensus. That article a few pages back about yuppy elite business majors not understanding Bitcoin doesn't make sense to me. My thought about accountants and business majors all downplaying Bitcoin is the fact that they don't understand consensus. They are trying to dictate consensus. Even if they all think it's just Beanie Babies and there's no real value to it, would not the smart accountant see the Beanie Baby craze early on and understand that humans being what they are will start buying these things at a fast pace and try to profit from the window of opportunity that exists? My accountant poo pooed my support of Bitcoin back in 2010 as "a virtual currency backed by nothing? no thank you".

I learned during the dotcom boom about the difference between something that is superior vs something that people want. I was doing modeling and simulations of communications protocols. I was to compare these two protocols to determine which was the better routing protocol. I spent weeks constructing the models and simulating different scenarios and running the protocols through their paces. I determined that one was far superior. That was my first foray into investing, I put about $1000 into the company that had come up with the superior protocol figuring that once people realise how far superior it is in distributing data that the company would take off and I'd make a bit of money.

The reality is that the inferior protocol was adopted for whatever reason and I watched as my $1000 investment crashed to a few dollars that I pulled out about 2 years later.

So these accountants think that they know everything about money and believe that the dollar is far superior to Bitcoin so they believe that there is no way that the dollar would lose to Bitcoin. But the smart accountants should realise that it is the consensus of people and the choice of what people will use as their currency that matters. If they were truly intelligent they would take into account the large distrust people have of the government that is growing by the day, they'd see how the dollar is becoming shit, even if their religion tells them it is for the greater good, they'd see that this is a technology that people are very interested in and are starting to trust more than their government currency. If an accountant cannot see these externalities and just compares dollar to bitcoin, then they aren't that smart are they?

As far as NFTs, ICOs, etc. while the underlying premise may be wrong or flawed, if there is consensus behind something then it will certainly gain in value. I remember telling my brother to stay away from Ethereum when it was under $2. I still don't recommend ETH but I would have never guessed that it would have come this far back then.
legendary
Activity: 3920
Merit: 11299
Self-Custody is a right. Say no to"Non-custodial"
The Pi Cycle Top Indicator makes me worry too much. We are crossing it any day now. And it precisely predicted all market tops so far.

Whats your thoughts? This time is different? One possibility is we will have a double top like in 2013. Thats what I am expecting. A bullrun in April, Crash and sideways through summer. Parabolic end of the year.

https://www.lookintobitcoin.com/charts/pi-cycle-top-indicator/

And, March was such a terrible month, too...

Get a fucking grip peeps.. over nonsense theories... and figure out ways to accumulate and HODL long term rather than getting caught up in phoney baloney ideas.. reminds me of Jupiter9.. where is that dipwit with his dumbass global bodies ideas?  Probably whining some place without coins or a way too insignificant number of coins because he was buying into make believe shit rather than pursuing sound and prudent accumulation and HODL strategies.
copper member
Activity: 1526
Merit: 2890
Low quality homemade meme warning



Full story (low budget version)


legendary
Activity: 3122
Merit: 1538
yes
BTC price boring but at least steady.

Oh well, back to some Autumn Falls videos. A bimbo with absolutely no brains or acting ability.  Cheesy

https://media.tenor.com/images/cff521fe41b941bcdc9643c739aa2da2/tenor.gif

Finally, a post that makes sense between all those covert NFT advertisements  Roll Eyes
legendary
Activity: 1526
Merit: 2617
Far, Far, Far Right Thug
Please sir, can BTC go back to $60K?


Not tonight, mate.
hero member
Activity: 812
Merit: 587
Space Lord
Low quality homemade meme warning

legendary
Activity: 1526
Merit: 2617
Far, Far, Far Right Thug
Pump it like you mean it.  Shocked



copper member
Activity: 1526
Merit: 2890
Coinbase manipulating prices??? Seriously who should we trust now??


https://cftc.gov/PressRoom/PressReleases/8369-21




Observing $59.2k again...

Some positive news too...

JUST IN: Goldman Sachs to begin offering Bitcoin to its clients
https://twitter.com/spectatorindex/status/1377239169085317129?s=21
legendary
Activity: 2576
Merit: 2267
1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
He's made quite a few bangers in his time; the Batman films and The Prestige being among them. While his newer offerings try to sometimes be too smart for their own good they're still enjoyable in their own right.

He's probably make a great series of 42 minute shows for TV. I don't think the movie format is always appropriate for his ideas.
legendary
Activity: 2576
Merit: 2267
1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
What a mess... Not the way I imagined NFTs to function—I'm a total NFT newbie, so I can't really have an informed opinion, but based on the very few things I've read so far, it doesn't look so good...

As soon as I heard websites were involved, that was red flags for me (and there were already more than a few). I'm still not fully conversant with them but the more I know, the more I don't want to know.
legendary
Activity: 3836
Merit: 4969
Doomed to see the future and unable to prevent it
NFT blablabla. I can't read it anymore. NFT my ###


hahaha i think now is the time infofront should make it mandatory to include tldr in every post longer then two lines and some users should not be allowed to post on WO without tldr.

I don't want to name any one but JayJuanGee  nullius  cAPSLOCK how are you guys?

nah
legendary
Activity: 1891
Merit: 3096
All good things to those who wait
Geez, so many twitter accounts join the #Bitcoin BTC movement (with the red laser eyes, of course)!


https://twitter.com/WhalePanda/status/1377289376347095045
copper member
Activity: 1526
Merit: 2890
NFT blablabla. I can't read it anymore. NFT my ###


hahaha i think now is the time infofront should make it mandatory to include tldr in every post longer then two lines and some users should not be allowed to post on WO without tldr.

I don't want to name any one but JayJuanGee  nullius  cAPSLOCK how are you guys?
legendary
Activity: 2576
Merit: 2267
1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k

Uh, what timezone are you in?

+4 UTC/GMT....

time zones are always confusing.... how bitcoin will solve this? Let say if someone from other side of the world let say USA is suppose to pay me 1 BTC on 31st March at 9AM in morning... so that means I won’t get anything until 9PM in the evening at least?? and who knows that time 1 BTC will be where. (Yes yes I agree 1BTC = 1BTC) but the problem is still there, I needed that 1BTC in morning 9AM? So how?

Amazon probably meant 31st March in the USA. Which it wasn't yet.

Timezones won't be fixed but you can specify the timezone and GMT/UTC tends to be the standard if you don't have reason to use another.
legendary
Activity: 1303
Merit: 1681
a Cray can run an endless loop in under 4 hours
NFT blablabla. I can't read it anymore. NFT my ###


go bitcoin, go!
legendary
Activity: 3892
Merit: 4331
Probably just me but I really don't like Nolan's non Batman movies.

After Tenet I decided to just not bother with his stuff anymore.

Really?
I thought that "Inception" was pretty cool.

Memento, Inception, The Prestige, Interstellar and Batman are master pieces from Christopher Nolan. These are some movies we will debate on for hours.
I saw the trailer of Tenet seems amazing looks like mixture of Inception and The Matrix..

Btw do we have any Dark fans here on WO?

I am watching it. My opinion? Nice music, with that simple glissando string motif that's chilling enough in itself. A slow burner with much less tension than descriptions/posters suggest. The slow burner, low tension thing is good - but it's a bit too complicated for my taste. Keeping track of things acrually requires drawing trees, a bit like 100 años de soledad, but luckily here there are more than two-three given names (thanks for that!). The good thing is it should definitely end with Season 3: no aimless wandering or shark jumping in sight.

I watched "Dark", but kind of get lost in the beginning of the last season (3)? Maybe I should finish it just for a sake of making ends meet.
I felt so sorry for one character there (Ullrich) that it was difficult to watch.
legendary
Activity: 1526
Merit: 2617
Far, Far, Far Right Thug
Not sure what the confusion is with. There should be a description of what NFT entitles you to, like with ANY contract.

Not sure what your confusion is with.

Unless NFT are written into ownership/copyright law and it is thereby enforceable by law, then they are completely useless.

Doesn't matter what an NFT supposedly entitles you too...the supposed contract is worthless and unenforceable.

"Let the record show I have an NFT, of the painting of which's copyright you are accusing me of infringing, from a random blockchain that I have pulled out of my asshole."

Whatever, dude or dudette, I am not selling you any or asking you to buy, but the overall dismissive attitude here is, frankly, bewildering to the n-th degree.
Reminds me of the attitude regarding bitcoin by the public at large several years ago.
Bitcoin developers/maintainers are making their own NFTs (on bitcoin side chain), yo.
EDIT: Correction. Although BMN (Blockstrem's mining thingie) is essentially an NFT, they choose to call it a Luxembourg investment contract (I guess because there are no NFT laws yet).


Well maybe, just maybe, the entire future of created arts will be blockchain-ified. Who knows.

I have collaborated with singers and musicians on music projects which are released on the likes of Spotify.

I just don't see a compelling case from the things I've read over the last week why I would go down this route at the moment rather than the avenues I have used in the past.
But sure, things can change.

To me it just seems like many people are using Bitcoin as a reason why every idea on a blockchain should work and be valued at a high price on its own.
It just sounds a bit wishful thinking perhaps. The amount of altcoins is ridiculous now. This can never work if you think about the number of them. Compare to the limited number of companies on stock exchanges.

At a certain time having your own blockchain might be as common as owning a video recording device.
In the past you could convince Doc Brown how amazing a movie studio that you can hold in your hand is.
These days no one gives a shit and there is more content created than can ever be consumed.

Also, Techie musician Imogen Heap looked at integrating music with blockchain for sales and events with Mycelia. I don't think it was a success at all. Frankly, it sounded like a complicated mess that eventually just became a music tour for a while.
copper member
Activity: 1526
Merit: 2890
I am watching it. My opinion? Nice music, with that simple glissando string motif that's chilling enough in itself. A slow burner with much less tension than descriptions/posters suggest. The slow burner, low tension thing is good - but it's a bit too complicated for my taste. Keeping track of things acrually requires drawing trees, a bit like 100 años de soledad, but luckily here there are more than two-three given names (thanks for that!). The good thing is it should definitely end with Season 3: no aimless wandering or shark jumping in sight.

Use this Netflix original website https://dark.netflix.io/en this is spoiler free and will help you to relate the characters and their relations.
Jump to: