Source:
https://twitter.com/webRat/status/1286141734557298688?s=20
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 7433. (Read 26731337 times)
July 22, 2020, 11:32:37 PM
July 22, 2020, 11:32:19 PM
There is no doubt that validating nodes hold power. UASF proved that.
Well, no. It proves nothing, as the battle was never fought.
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The original paradigm was the miners both did the hash work and the consensus validation.
Yup.
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When the idea was 1 CPU 1 vote this meant both hasrate and consensus validation was distributed. Upon the advent of ASICS harshpower began to centralize among the producers of the hardware as well as the large ASIC farms that became the current day miners.
Are you about to tell me that Satoshi never foresaw a day where 'maintaing the chain was the job of specialized servers, allowing users to just be users'?
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But protocol consensus was still something users did not need specialized hardware to validate/support. So that function branched off to be a list of users LAGER than those providing hashrate security.
More power to your imaginary sky cavalry.
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Taking a sort of ad hominem stance by calling people who validate the protocol and transactions on the bitcoin network "irresponsible neckbeard hobbyists unable to make the proper life choices to enable them to leave mommy's basement" is not helpful or realistic IMHO.
Well, it's not so much that the majority of fully-validating non-mining clients are run by economically useless riffraff, it is more the fact that the network is dumbed down to the point that economically useless riffraff govern the capacity of the system.
If you can't see how futile that is, god help us all.
July 22, 2020, 11:24:00 PM
planning on opening a gemini account but last i went to join they wanted my login to my bank.
See that's the funny thing. I'm not taking advice on whom to be (one of my) my on/off ramps from some wahoo with not enough crypto to buy a decent used car.
edit: upon rereading, it would seem that I was castigating vapourminer as being penniless. Nay, that was meant to be directed at vapourminer's accusers.
July 22, 2020, 11:18:12 PM
Your turn. What is the definition of decentralization to which you adhere, DaRude? Hmmm?
Riiiight, that's just you bitching about nodes, still not seeing you defining decentralization, and criteria that you used to come to conclusion that BTC and BSv are as decentralized? Surely you're not just putting out claims without backing them up
Still dodging, eh? Nothing to offer?
Huh, YOU claimed that both coins are equally decentralized, i asked for you to back it up, and you're asking me to define decentralization?
Yes. I quite clearly specified in what way I see it as such. You, OTOH, keep clinging to nothing other than 'but muh decentralization', with no explanation as to what you mean by such. Ball's in your court Bucky. Can you volley?
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Ahh and there we have it. So following your logic and your definition of decentralization, BTC is as decentralized as BCD (Bitcoin Diamond)?
Well, no. As you would know, if you had more than two brain cells to scrape together, BCD is not a SHA256 coin. As such, it has no meaningful ties to the satoshi legacy.
Keep trying, tho. Maybe some day you'll arrive at an incisive observation.
Maybe.
July 22, 2020, 11:18:00 PM
July 22, 2020, 10:56:57 PM
Look what happened to Bob.... 
You're a giant piece of shit, with nothing to back up your overinflated ego.
Please tongue my asshole clean.
July 22, 2020, 10:32:46 PM
[snip]
Jay, Jay, Jay. So many questions. Do you drink coffee all day?The projection is a periodic function. The peaks are equidistant on the time axis.
Looked like I accurately described the peaks of your previous graph, so probably we are looking at your own graph differently - and yes, I am wearing my glasses.. so I would appreciate a more substantive answer because this is not about me, kell, kell, kell... *(your name has a violent rather than cheery feelening, by the way)
Chew on this
=10^(0.09336159*(A1923+(1-H$31*SQRT(1-((2*LN(MOD((O$31-A1923)/N$31,2)+1)/LN(3)-1)^2)))*I$31)^0.5-1.645486)/(1-((1-I$33/350)*(1-I$34/350)*(1-I$35/350)*(1-I$36/319)))/A$33
Aren't you a pretentious ass?
You may need to learn some communication and growing the fuck up skills, and realize that bitcoin is NOT only about squiggly lines on a piece of paper, even if you might have some formulations to back up those lines..
Having formulations does not cause your squiggly lines to become more true, and such squiggles likely become even less understandable if you can't control your emotions by allowing your pride to cause you to be incapable of engwish.
I've just bought a new monitor at Newegg.com, and paid with Bitcoin. 
Payment went thru smooth and fast. Much better than using my local (Argentine) credit card, asking for authorization for a payment abroad, and informing my unfriendly gov about any usd movements.
The only drawback is that i spent my precious hodled satoshis. Now a frenetic bullrun will surely begin.. This is going to be the more expensive monitor ever (0.07 BTC for the records).
Payment went thru smooth and fast. Much better than using my local (Argentine) credit card, asking for authorization for a payment abroad, and informing my unfriendly gov about any usd movements.
The only drawback is that i spent my precious hodled satoshis. Now a frenetic bullrun will surely begin.. This is going to be the more expensive monitor ever (0.07 BTC for the records).
That's why most long term HODLers will replace their bitcoin if they spend them, especially if they believe that the BTC price is going to go up.
Of course, in our current price range, it remains unclear which direction the BTC price is going to go, even if there has been some UPpity price movement in the past 48 hours-ish.
How???
My imagination seems not to (let me?) go that far.
Goats... OK, this isn't much of a secret anymore, but maggots?
My imagination seems not to (let me?) go that far.
Goats... OK, this isn't much of a secret anymore, but maggots?
PM Juan.
:p
You are devolving into emotionalism, yefi, and that might not be a good direction.
Look what happened to Bob....
July 22, 2020, 09:41:08 PM
https://mobile.twitter.com/PeterLBrandt/status/1286117545892892673
Hot from the rumor mill
Herd on the street
The U.S. Federal Reserve has been the bid under BTC since mid-March, with purchases going to thousands of wallets
Once buying program is complete, USD will be Gold- and BTC-backed. Put that in your hard wallet and smoke it.
Hot from the rumor mill
Herd on the street
The U.S. Federal Reserve has been the bid under BTC since mid-March, with purchases going to thousands of wallets
Once buying program is complete, USD will be Gold- and BTC-backed. Put that in your hard wallet and smoke it.
LOL!
..as if the US gov't has any gold at all.
July 22, 2020, 09:40:45 PM
I want his 'medicine'
July 22, 2020, 09:09:23 PM
https://mobile.twitter.com/PeterLBrandt/status/1286117545892892673
Hot from the rumor mill
Herd on the street
The U.S. Federal Reserve has been the bid under BTC since mid-March, with purchases going to thousands of wallets
Once buying program is complete, USD will be Gold- and BTC-backed. Put that in your hard wallet and smoke it.
Hot from the rumor mill
Herd on the street
The U.S. Federal Reserve has been the bid under BTC since mid-March, with purchases going to thousands of wallets
Once buying program is complete, USD will be Gold- and BTC-backed. Put that in your hard wallet and smoke it.
July 22, 2020, 08:41:57 PM
I've just bought a new monitor at Newegg.com, and paid with Bitcoin.
Payment went thru smooth and fast. Much better than using my local (Argentine) credit card, asking for authorization for a payment abroad, and informing my unfriendly gov about any usd movements.
The only drawback is that i spent my precious hodled satoshis. Now a frenetic bullrun will surely begin.. This is going to be the more expensive monitor ever (0.07 BTC for the records).
Payment went thru smooth and fast. Much better than using my local (Argentine) credit card, asking for authorization for a payment abroad, and informing my unfriendly gov about any usd movements.
The only drawback is that i spent my precious hodled satoshis. Now a frenetic bullrun will surely begin.. This is going to be the more expensive monitor ever (0.07 BTC for the records).
Enjoy the +200 usd rise in minutes.. That was me, spending sats.
Crap, Newegg is taking Bitcoin again?
I still can't bear to throw out my $4,000 cell phone from a few years ago. Aarrgghh!!!
That's OK, I am still holding my "$325" iphone from late 2017...
...er, not really, but it shows that sometimes you can get a bargain if spending strategically.
Something to remember in 2021-2022 as we peak, hopefully.
July 22, 2020, 08:27:44 PM
I've just bought a new monitor at Newegg.com, and paid with Bitcoin.
Payment went thru smooth and fast. Much better than using my local (Argentine) credit card, asking for authorization for a payment abroad, and informing my unfriendly gov about any usd movements.
The only drawback is that i spent my precious hodled satoshis. Now a frenetic bullrun will surely begin.. This is going to be the more expensive monitor ever (0.07 BTC for the records).
Payment went thru smooth and fast. Much better than using my local (Argentine) credit card, asking for authorization for a payment abroad, and informing my unfriendly gov about any usd movements.
The only drawback is that i spent my precious hodled satoshis. Now a frenetic bullrun will surely begin.. This is going to be the more expensive monitor ever (0.07 BTC for the records).
Enjoy the +200 usd rise in minutes.. That was me, spending sats.
Crap, Newegg is taking Bitcoin again?
I still can't bear to throw out my $4,000 cell phone from a few years ago. Aarrgghh!!!
July 22, 2020, 08:25:07 PM
Bump is nice!
Meantime I saw this and just fell over laughing. I simply do not think this well....
Meantime I saw this and just fell over laughing. I simply do not think this well....
July 22, 2020, 07:34:12 PM
I've just bought a new monitor at Newegg.com, and paid with Bitcoin.
Payment went thru smooth and fast. Much better than using my local (Argentine) credit card, asking for authorization for a payment abroad, and informing my unfriendly gov about any usd movements.
The only drawback is that i spent my precious hodled satoshis. Now a frenetic bullrun will surely begin.. This is going to be the more expensive monitor ever (0.07 BTC for the records).
Payment went thru smooth and fast. Much better than using my local (Argentine) credit card, asking for authorization for a payment abroad, and informing my unfriendly gov about any usd movements.
The only drawback is that i spent my precious hodled satoshis. Now a frenetic bullrun will surely begin.. This is going to be the more expensive monitor ever (0.07 BTC for the records).
Enjoy the +200 usd rise in minutes.. That was me, spending sats.
July 22, 2020, 07:29:01 PM
the evening wall report
1h
4h
1h
4h
July 22, 2020, 07:26:17 PM
I am sorry for OT, but Tesla model 3 is a car that is made of cheap materials and is too small for the price.
Sales are down, yet sales of "credits" are up 400%. Stock is up in OT, of course.
TSLA stock is at 300bil valuation. IMHO, a crazy mania, indeed.
https://www.wsj.com/articles/tesla-charged-up-but-going-nowhere-11595454092
Thank g-d, I never shorted it. Was considering calls last summer and even was on a waiting list to buy the car at some point, then saw it in person-no go for purchase.
Glad that btc is up, but annoyed that we are not leading in %%.
Q: can btc do half-Tesla (5X) in the next 12 mo? I hope so.
Sales are down, yet sales of "credits" are up 400%. Stock is up in OT, of course.
TSLA stock is at 300bil valuation. IMHO, a crazy mania, indeed.
https://www.wsj.com/articles/tesla-charged-up-but-going-nowhere-11595454092
Thank g-d, I never shorted it. Was considering calls last summer and even was on a waiting list to buy the car at some point, then saw it in person-no go for purchase.
Glad that btc is up, but annoyed that we are not leading in %%.
Q: can btc do half-Tesla (5X) in the next 12 mo? I hope so.
July 22, 2020, 06:42:09 PM
Next sell signal will be when 3 day RSI is over 90 to 92.
I tend to think that above 85 RSI proved to be a tradable signal. But perhaps you only look for the absolute peak in the next bull run?
Depends on your risk tolerance and entry/exit signals learned from experience. During the December 2017 parabolic top selling at 3 day RSI of 92 would have got you out at about $16500. Then you had another chance to sell over $16000 on the dead cat bounce in January 2018. Back then the public (even some seasoned traders) were not even thinking about selling, expecting the bull run to continue. Then there was money to be made shorting all the way down to $3122. If you used 3D RSI under 18 you would have closed your short at about $3500 - $4000.
July 22, 2020, 06:17:19 PM
Next sell signal will be when 3 day RSI is over 90 to 92.
I tend to think that above 85 RSI proved to be a tradable signal. But perhaps you only look for the absolute peak in the next bull run?
July 22, 2020, 06:15:54 PM
This is fine.
July 22, 2020, 06:13:04 PM
Walls observed, years pass
Spartan hodlers wait unerred
Their time is nigh, Choo
#anytime haiku
Spartan hodlers wait unerred
Their time is nigh, Choo
#anytime haiku
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