Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 6986. (Read 26711345 times)

https://twitter.com/missteencrypto/status/1312398645006917632

some lovely blooms she has there

Bitcoin is a 'common good'.
Bitmex was damaging it by 100x margin, as easy as this.
btc going down 1% wipes out the 100X long position.
can a 1btc account spoof? No. can a 10K-100K btc account do the same on mex? Absolutely.
We have speed limit signs on most highways, right? Same idea.
Bitmex is no autobahn.

I would not shear a single tear if mex is gone or curtailed (after allowing outgoing btc transfers, of course).

Of course, I did not intend to suggest that Bitcoin was in any way dependent on BitMEX or any other single party.  I should hope that I was not misunderstood that way by anybody!


Indeed, I somewhat noticed that U.S. regulators went aggressively after an exchange that has demonstrated pro-Bitcoin behaviour, instead of ripping into one of the many exchanges that never saw a forked shitcoin they didn’t love.  It’s not as if the U.S. government has ever been in any direct or indirect way connected to shitconery.  Just joking.  I think.


I suppose that that’s called “taking responsibility for your own money”.  I presume that it’s a Bitcoin thing.

Waving my hands a bit over the nature of levers:

If I wanted to gamble in a casino at 100x or even 10000x leverage, I don’t suppose that any do-gooding busybodies would want to protect me from potentially losing my own money through my own choices and my own follies...  Oh, wait!  Meanwhile, savvy traders who do not go insane or get drunk on leverage have probably made a reasonable profit at the MEX and other exchanges.

Aside, it always astounds me that some people seem not to know that market trading is zero-sum.  If somebody lost a fortune, somebody else gained—and vice versa.  TANSTAAFL.

all that fits up LFC's anus?

Sometimes it's both.
Did i write about my wife getting educated in hypnosis recently?

I know that is completely off topic(s), but i'd like to share the following experience, and what it did to me.

First, i had self-hypnosis, meditation and NLP practice starting about 20 years ago already, so i am a person that gets into trance more easily than most other people.
Second, i always considered myself as almost impossible to be consciously manipulated by others.
Third, in the realm of the unconscious, i was proved wrong.

So we already had two sessions so far, one to check out my ability to get into hypnosis, the second one to help my selfie to stand more by my values, where i was feeling to adjust to others too often/quickly.

The third one was of type "return to a life before getting reincarnated into the current one". The one most people experience themselves as their former "me", mostly human.
I'll try to make the path to it short: I just had exercise and my mind was pretty active. It took me about 5 minutes to get into trance, and left the guidance and moderation to my unconscious self and the voice of my beloved guide.

I was floating about 1000 to 1500 meters high in windy heights, it felt a little cold to me. I was looking at an island in front and below me, it had perfectly circular shoreline and shaped as a perfect cone with concave sides, becoming progressively thinner near the top, like a circus tent. Snow and ice on the top quarter or so, absolutely flat surface, like printed on it. The waters were silver-greyish and rippled with waves, a little glowing somehow, but the sea didn't move at all. It felt like i had a body, but i couln't look at it. I exactly felt that my arms ended above elbow level, and from an inch or two below the solar plexus my body sensation was like "cut off", with a glowing warmth, radiating from this region into my body, along the edges of my ribs, like the boundaries of the lungs. I didn't breathe. I had no name i was aware of, i was floating in a fixed position and the cool winds were blowing around my body.
I was waiting. Peacefully and patiently, with that glowing feeling embracing and radiating through my body. When i was asked how long i was waiting, i said "for a long time". Asked further, it turned out that i had no idea of how long and what exactly i was waiting for. I was not able to look at other things than the mountain island.
Then it went black, and i sensed the sensation of the light in a room getting brighter, observed with closed eyes. But the light didn't actually get brighter, i was aware that i was "back in reality", after getting "kicked out".
The reason of me getting kicked out was a slight "mistake" made by my guide, i won't get into it more deeply here, because it didn't matter for me.

Now, what's it all related to the quote i put in bold letters?

When i opened my eyes, i could still feel the sensation described above, throughout my inside (#nohomo btw.)
It lasted through the whole day, and it made me feel exactly
which triggered my reply, which i originally intended to keep off WO because off topic, and yeah - who would even believe this, from a random fellow on the interweb?

Now this happened on tuesday, and the thing is... it made myself more peaceful, to put it in a word remotely able to describe what i mean.
Not just noticeably, but almost like forced. On the first few days after it, my selfie ego fought back to gain control, and it did to some extent, but i don't really care, because i now know what "it" feels like, and i just have to remember it, to start bringing it back. It is somewhat different to anything i experienced in meditation before. Currently a lot in my life is changing, in terms of perspective. Only a few experiences on drugs like LSD had this quality of an impact on my perception of myself and/or my environment.

Most people on this kind of hypnosis experience "former" lives of themselves as some person with some trouble or history, influencing ones current life. I heard some stories before, from people i know that went under that kind of hypnosis, and they all had experiences that made them look different at their struggles, making it easier for them to solve. I was a sceptic every time.

I feel like maybe there is something we all forgot about. Something we were maybe experiencing from some stage as unborns, when we were free from conditioned emotions and thoughts. I'm not getting crazy, i already was in past times, so i think i can differentiate between my crazy and "normal" me  

If anybody here has been helped by reading this, or will help him/her in the future, i'd be happy enough that i decided to share it.

That's the worst way I've ever seen on storing your private keys. I would prefer memorising the 256 bits' order.

Yeah triggering the airport security gate > cavity search > humiliating extraction 

wallet.dat backed up on a USB stick, inserted in one’s anus?

https://twitter.com/RoninNode/status/1312339488774017024
hmm maybe

Thanks for highlighting that point as well, nullius.

There has been increasing kinds of funding in the bitcoin space towards developers, research and other matters, and of course, bitcoin will NOT be dead (and probably not even meaningfully disabled) if Bitmex funding towards bitcoin development and research ends up drying up. 

I do agree that through the last several years, Bitmex seems to have served as a decent steward of the bitcoin space, and surely it remains a bit irritating that they are being attacked in such a seemingly strenuous way...., whether that is too much, or merely the US government employing seemingly overbearing tools in order to attempt to negotiate from a better seeming position of strength.   

I surely do not claim to know many of the details of the purported egregiousness that the USA govt is proclaiming against bitmex and four of its officials to justify criminal rather than civil charges, and overall through the years, I have considered Bitmex to be greatly on the net positive side of Bitcoin's development.. even though surely some people (even pretty BIG ass players have gotten quite reckt) have been quite fucked in using their exchange when the market has moved against their bets.

https://twitter.com/dysmemic/status/1312309954989023232

That is good news.  Whereas I am more worried about such things as this—just for instance:

https://blog.bitmex.com/who-funds-bitcoin-development/

https://blog.bitmex.com/hdr-global-trading-increases-bitcoin-developer-grant-to-us100000/

BitMEX is far from the biggest funder of Bitcoin development; but their support of the effort that makes Bitcoin work on a technical level is nothing to sneeze at, either.  The number of mutually independent parties funding Bitcoin development is also a centralization issue.  One of the good things about Core is that no single party can call the shots just by tugging purse strings; Bitcoin needs to keep it that way.

Most people do not even think about this.  High-quality free and open-source software engineering just appears spontaneously out of thin air, without funding and organization.  (Rather like revolutions, “amorphous movements”, mass-migrations, etc.; the world is such a random place, in which human events just happen without any organization, leadership, or money.)

From what I have seen from the sidelines, BitMEX has also otherwise been on the good side of many Bitcoin issues.  E.g., “Therefore BitMEX will not be able to support SegWit2x.  [...]  BitMEX considers any and all contentious hardfork tokens as altcoins.”  It would be a shame if they were to diminish or disappear, leaving a void to be filled by some of the exchanges who are practically enemies of Bitcoin.

Note:  I have no connection to BitMEX, and no financial interest in the foregoing statement.  My experience with centralized exchanges is pretty much nil; and I don’t know anybody at BitMEX.

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Thanks.  I’ll save that for everybody who ever mentions, among other things, the American reality-TV “election” show—about which I was working on a P&S meta-complaint, when I delved into a minor tangent on Antifa.

Use your pictures!

I’m so bullish on Bitcoin right now I’m speechless 😶

Of course, there are several of us who remain concerned about regulatory overreach and also seeming desperate measures taken by various arms of the USA government.

Clearly there is a bully factor in these matters, and even though there may have been some pretty extreme wild, wild west type activities going on with BitMex's allowance of 100x leverage and problems with incentives created around such extreme abilities to leverage so much.

There have been a variety of actors in the bitcoin space who had been targeted in the past by the USA government in a variety of ways, and does not seem right to be cheering for regulatory overreach and/or bullying.

Furthermore, criminal charges are way the fuck more extreme than civil charges, so we will surely need to see how some of this plays out - especially if we really do not know a lot of the details, and surely it is in the interest of a variety of bitcoiners that Bitmex is able to put up some decent fights.. just like Bitfinex and Tether have been able to do... at least, so far.

I am glad that Bitmex coins had not been seized, and I am glad that mostly account holders are able to get their coins off the exchange, so far.  They have likely processed around 30% withdrawals of the coins that were in their custody.. and I believe that they had an additional mass exodus of coins from their custody during the mid-March liquidation event, and surely some account holders had gambled or lost BIG during some of the March situation, and maybe even Bitmex had lost some credibility from how their exchange appeared to be being used during that situation, too.

By the way Karartma1, I doubt that this particular Bitmex attack situation goes so far as warranting the exiting of a reasonable bitcoin position, but of course, you need to decide for yourself what level of allocation you believe is warranted in bitcoin and whether some of the various bullshit and/or heavy-handed attack tactics sufficiently and materially interfere with bitcoin's investment thesis, including your own ideas of what bitcoin's investment theses might be.  

It's not as if many of us longer term HODLers and/or watchers of the bitcoin space did not expect various governments to attack on bitcoin, and of course, they frequently are going to attempt to engage in divide and conquer or even going after smaller potatoes before attacking the BIGGER dogs, and surely, there are attempts to reward the suck ups, too, so we should NOT be expecting that the level of attacks from various governments and/or incumbent financial institutions would not attempt to play favorites or for bitcoin to bring honesty to the various desperate status quo institutional fucks (whether governmental or financial institutions).

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pierced resistance into the cloud

#dyor
1h


hard over and shake out some sail mister..time to give her her legs and run downwind of the storm
4h

#stronghands

https://bitcointencommandments.com/

250 btc buy wall on stamp @10550

sorry for off-topic