Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 6506. (Read 26720873 times)

I owned one of those with dual floppies, did the whole deal including an early GUI (Gem?) predating general windows usage.    I managed to find a buyer for it (its heavy so not easy to do) as it had been working the same for decades, not much but when its a complete deal with monitor and printer someone had a use for it.     Used to type all my old test essays on it as my handwriting is hieroglyphical but I top 50wpm np

   Its something to be wary of overall and 14 days is rapid if we account for non working days also.  So the market surprise from Ripple which was a centralised puppet setup anyway is spreading to other coins for some reason, its notable as news I think.    A year ago I did expect some negative news in crypto overall so hope its not to reappear now.   Immediate effect for BTC is some forced buying as people dont want to be marooned in an exchange that already over charges for withdrawal fees etc.   so generally I think some knock on effect even outside the exchange.

BTC is above the 2 day average but also some constricting range near 30k recently.

https://newrepublic.com/article/160773/bitcoin-price-boom-michael-saylor-microstrategy


...

The truth is that Bitcoin, unlike gold, is worthless.* It doesn’t do anything; it has no inherent value and can’t be converted to some other purpose. It’s not backed by a government, making it most useful to transnational crime networks, intelligence agencies, and anyone else looking to keep some assets off the books. The electricity cost of creating, or “mining,” a Bitcoin—which requires accessing the Bitcoin network and making a complicated mathematical calculation that requires tremendous computer power—makes it indefensible. (The more Bitcoin that are mined, the more complicated the calculations become.) Bitcoin works, if at all, because a band of rich speculators has decided it should. Institutional investors are pouring billions into Bitcoin, which some analysts think account for much of its movement in recent months. MicroStrategy itself counts the finance giant BlackRock as its biggest outside shareholder. (Saylor has said that he thinks much Bitcoin trading data is inaccurate.)...

This is the lie anyone that understands solar energy and wind power knows that this is basically a criminal false hood.

The btc mining incentive can allow for solar and wind power to be built world wide.  I have already been involved in build one solar array with more then 100kwatts of power that was fully paid off in under 4 years (2017). we are now doing a second solar project with more then 500kwatts of power that should be fund from our 2020-2021 profits.

If I could find a good investor I could build more. 

Didn't notice if this was already posted here. If so, sorry for the repost:

A little comic relief...

https://newrepublic.com/article/160773/bitcoin-price-boom-michael-saylor-microstrategy

W0w you had to break this account out of a 2 year hibernation to say this?

https://www.trustpilot.com/review/bittrex.com

Its just a shitcoin exchange.

Part of the reason I like Atlas Shrugged. Got a good understanding there of who really works for whom and why.

We forget this. A lot. Which is weird.

Sometimes governments seem to forget who's the employer (taxpayers) and who's the employees (politicians and civil servants).

Don't you just hate insubordinate employees?

I haven't needed to use exchanges for a long time, so I haven't kept up with developments regarding decentralised exchanges - how are things coming along on that front?

Longer fight at $30k.... this mark seems to be mucho mucho importante for bears... 

This is... a problem.

I remember quite clearly when the Internet was smaller and a lot more fun and little Google's motto was "Don't be Evil". People there lived by it. But as time went on and the big entertainment money flowed in, founders got rich and the concept of a free and open internet was shoved by the wayside.

Now? Google mail pretty much blacklists you if you are a small ISP because they don't care enough to fix their stuff to meet standards. Laws are passed to make anything that digs into the current profit margins punishable by 10 years in jail, and of course the barriers to entry are raised nice and high so everything can stay like it is... forever.

Will this happen to Crypto? Yeah, probably. The whole personal wallet thing is great for the big centralized players who will loan out your bitcoins or seize them for the Govt so why not? After all, only a criminal would want their own bitcoins. (yeah. /s).

And truth be told there will be a new set of cool innovations. Too many people forget that the Internet really was not supposed to be based on TCP/IP, but IPX/SPX under AT&T's "Connect" system. X.25 mail, X.400 identities, and ISDN connections to every household to servers lovingly hosted and run by the good people at AT&T.

Be glad that didn't happen. Because a six month difference would have made that. Instead we got a good 15 years of freedom before AOL's "people" ran over the net with 2.0.

So think about what's next. Look for the new idea, cherish it, nurture it. See how long you can keep it pure before it's bought for shit fiat and turned into another toxic waste dump.....

wazzat? a JJG is worth 1 kilowords?

per second?


edit: explorer beat me to it

A  JJG post's worth.  A JJG JPG.  Get the picture?

This will drive privacy tokens off the radar and underground. Of course prevailing prices may take a hit but the cryptocurrency technique of privacy doesn’t give a hoot about what governments think. It will only become stronger.

 Not anymore, Bittrex just de-listed it too.

I did see this too. XMR has taken a bit of a beating this morning with the news. I don't think it's a massive deal currently but there's surely something going on in the background. Even Voorhees alluded to such

https://twitter.com/ErikVoorhees/status/1345100565735378947

And not enough memory to start program. And make sure to load a Hercules graphics driver from the command line before attempting to play those accolade racing games.

$29,600 at CmC

Keep HODLL, we are almost reach $30,000!

A JPG is worth 1k words.