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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 7564. (Read 26723411 times)

legendary
Activity: 3794
Merit: 5474
Governments are printing money like Brrrrrr in an attempt to save economies.  The boatloads of money being freshly minted have to go somewhere so it's not surprising markets appear to be doing well.  The surprise will come later when you're paying twice as much (or more) to put food on the table.

It's that massive financial engineering to try and make everything rosy that makes it so unnerving. It's like the games Karpeles played on Gox to try and recuperate the gaping hole in the balance sheet, "I'll make everything rosy," he said to himself. But what followed was disconnect and collapse.

Yep, just look at a stock chart of any country that's encountered mass monetary inflation and then hyperinflation (Venezuela, Zimbabwe, etc.) , and you can see where the new hyper-printed fiat goes. Inflation in equities = hockey stick melt up. Western economies are still just at the beginning stages of the same thing... but it'll accelerate soonish
legendary
Activity: 1708
Merit: 3439
Man who stares at charts (and stars, too...)
Thx WO brothers .... resto’s opening at 8june..... so having a dinner with GF, friendly couple aaaaaand lots of booze

Cheers and gogogogo BTC

 Happy birthday El Dude!
Cant wait for the pending dinner pics.  Cheesy

Hey, we wanna see (at least a part ...no, no.I didn't mean this part, for sure... *g*) of the dude's new queen, too!  Cool

Happy B-Day from me, too El_duderino!  Grin
Lemme just tell you that 34 is not old at all. Even 10 years older is still not old.
It's just 34 years of growing experience and Tao, that is  Grin
Every morning is a new birthday, the birthday of another series of new experiences in a unique human life.



legendary
Activity: 3962
Merit: 11519
Self-Custody is a right. Say no to"Non-custodial"
Politicians are already getting busy spinning the upcoming worldwide "Great Economic Reset" as a wonderful thing:

https://www.imf.org/en/News/Articles/2020/06/03/sp060320-remarks-to-world-economic-forum-the-great-reset

But mark my words, middle class wealth will be destroyed in the process, and middle class and lower class debt will continue to grow. The wealthy elites will suffer nil.

#BUYBTC


There does seem to be a lot of rhetoric re a reset.  Look for JUBILEE to become heard a lot more too.

The wealthy elites only seem to suffer in a revolution.  Revolutions are typically a bloody mess.  We don't want them.  Reform instead.

Hard to see meaningful reform anytime soon though.  Buy BTC and buy fuck gold. #nohomo  IMO.

more ammo too

I merited your above post because I agree with everything you said; nonetheless, I suggest to amend that we: "fuck gold", instead of buying it. (similar to how we would fuck the police; to be noted: infofont's version)


 Tongue

 Cheesy Cheesy Cheesy Cheesy Cheesy
legendary
Activity: 2842
Merit: 1511
Governments are printing money like Brrrrrr in an attempt to save economies.  The boatloads of money being freshly minted have to go somewhere so it's not surprising markets appear to be doing well.  The surprise will come later when you're paying twice as much (or more) to put food on the table.

It's that massive financial engineering to try and make everything rosy that makes it so unnerving. It's like the games Karpeles played on Gox to try and recuperate the gaping hole in the balance sheet, "I'll make everything rosy," he said to himself. But what followed was disconnect and collapse.
legendary
Activity: 2996
Merit: 1903
Politicians are already getting busy spinning the upcoming worldwide "Great Economic Reset" as a wonderful thing:

https://www.imf.org/en/News/Articles/2020/06/03/sp060320-remarks-to-world-economic-forum-the-great-reset

But mark my words, middle class wealth will be destroyed in the process, and middle class and lower class debt will continue to grow. The wealthy elites will suffer nil.

#BUYBTC


There does seem to be a lot of rhetoric re a reset.  Look for JUBILEE to become heard a lot more too.

The wealthy elites only seem to suffer in a revolution.  Revolutions are typically a bloody mess.  We don't want them.  Reform instead.

Hard to see meaningful reform anytime soon though.  Buy BTC and buy gold.  IMO.

more ammo too
legendary
Activity: 3962
Merit: 11519
Self-Custody is a right. Say no to"Non-custodial"
.....4 more blocks until a -9% difficulty reduction.
Bitcoin working as designed and all is well.

I really really hope the courts in Florida throw the fucking book at him.  He has wasted a lot of taxpayer money in my country.

Looks like we got your >9% decrease.  Might be enough for some marginal miners to come back on.  In fact if this is the bulk of post halving stabilization, i am frankly surprised.  Too easy really...

Hash power up and down through the first six months of the year, but the current hashpower is largely the same as it was at the beginning of this calendar year.

There are likely some miners who are only borderline profitable at these rates and are having some dilemma regarding whether they should turn on their machines.

Meantime 9700ish is not bad. I'd prefer a more relaxed run to 10k and 15k then bursts that then become busts....

Odds are quite low that there would be any kind of gradual movement in the BTC price especially going all the way up to $15k... holy shit.....
, but never say never..

I would expect there to be some battles in the 2019 high levels around $13,880-ish.. and sure, getting above $12k might clear the path to make $13,880 easy-peezy... I am not going to prejudge too much.. (but I will prejudge a little).

For about two years now, I have been asserting that getting above $17.5k-ish would likely clear the path for breaking ATH... so I would expect a certain amount of battle to try to prevent BTC prices from getting above that mid-$17k arena.

I cannot really imagine very many scenarios in which there would not be some kind of an accompanying shitcoin pumpening; however, one scenario could be some kind of major issue with ethereum's phony-ass transition to 2.0 (which not even they want to do), which could allow for BTC to be somewhat reversely correlated to shitcoins (which would be the preferred scenario, that just seems to have low odds, too)... so I am still thinking that several shit projects are somewhat coming along on part of the BTC ride UPpity, at whatever point the UPpity really starts to move (presuming that it is going to at some point, soon-ishtm)
legendary
Activity: 3794
Merit: 5474
Politicians are already getting busy spinning the upcoming worldwide "Great Economic Reset" as a wonderful thing:

https://www.imf.org/en/News/Articles/2020/06/03/sp060320-remarks-to-world-economic-forum-the-great-reset

But mark my words, middle class wealth will be destroyed in the process, and middle class and lower class debt will continue to grow. The wealthy elites will suffer nil.

#BUYBTC
sr. member
Activity: 1197
Merit: 482

Well some high profile studies do say that police brutality is linked to the 1033 weapons transfer program. There's a lot more that has been said on this subject over the years, so much so in fact that I find it hard to believe you have not seen the link before.

https://www.cato.org/blog/militarization-makes-police-more-violent
Quote
Earlier this year [article is from 2017], a study conducted by researchers from Harvard, Stanford, Cincinnati, and Gardner‐​Webb concluded that the Pentagon’s 1033 weapons transfer program made participating departments more likely to engage in deadly violence. After receiving 1033 gear, departments were more likely to kill civilians as well as dogs.

https://journals.sagepub.com/doi/full/10.1177/2053168017712885
Quote
As for policy, our results suggest that implementing the EO to recall military equipment should result in less violent behavior and subsequently, fewer killings by LEAs. Taken together with work that shows militarization actually leads to more violence against police (Carriere, 2016; Wickes, 2015), the present study suggests demilitarization may secure overall community safety.







Weak argument.

The gear fosters a mindset. The mindset fosters conflict. The conflict fosters brutality. This shouldn't be hard to understand.

Also, no one has claimed limiting the 1033 program will make police brutality disappear completely. The data however says it would help. Reduction is a good goal.
legendary
Activity: 3808
Merit: 7912
Thx WO brothers .... resto’s opening at 8june..... so having a dinner with GF, friendly couple aaaaaand lots of booze

Cheers and gogogogo BTC

 Happy birthday El Dude!
Cant wait for the pending dinner pics.  Cheesy
legendary
Activity: 2590
Merit: 4839
Addicted to HoDLing!
34 brothers, the dude is getting drunk older :-)

Happy B-day dude!

Hope we reach ATH before you're 35!  Cool
legendary
Activity: 2758
Merit: 13660
BTC + Crossfit, living life.
Thx WO brothers .... resto’s opening at 8june..... so having a dinner with GF, friendly couple aaaaaand lots of booze

Cheers and gogogogo BTC
legendary
Activity: 3794
Merit: 5474

Well some high profile studies do say that police brutality is linked to the 1033 weapons transfer program. There's a lot more that has been said on this subject over the years, so much so in fact that I find it hard to believe you have not seen the link before.

https://www.cato.org/blog/militarization-makes-police-more-violent
Quote
Earlier this year [article is from 2017], a study conducted by researchers from Harvard, Stanford, Cincinnati, and Gardner‐​Webb concluded that the Pentagon’s 1033 weapons transfer program made participating departments more likely to engage in deadly violence. After receiving 1033 gear, departments were more likely to kill civilians as well as dogs.

https://journals.sagepub.com/doi/full/10.1177/2053168017712885
Quote
As for policy, our results suggest that implementing the EO to recall military equipment should result in less violent behavior and subsequently, fewer killings by LEAs. Taken together with work that shows militarization actually leads to more violence against police (Carriere, 2016; Wickes, 2015), the present study suggests demilitarization may secure overall community safety.





legendary
Activity: 938
Merit: 2540
<>
legendary
Activity: 2242
Merit: 3523
Flippin' burgers since 1163.
Truly mind-boggling indeed.

https://twitter.com/pwuille/status/1268467586422853641 (thread)
Quote
I had missed this.

With block 632874, around a day ago, the expected cumulative work in the Bitcoin blockchain surpassed 2^92 double-SHA256 hashes (with a standard deviation around 1.4*2^83).

#4951760157141521099596496896hashes

Quote
Previous such events:

2^91, Aug 2019
2^90, Nov 2018
...

Quote
Of course, these days we add 2^57 hashes - as much work as was done ever by november 2010 - every 1.3 milliseconds on average...

Quote
Also mind-boggling: since we passed 2^92 about 21 hours ago, we've added almost 2^83 more hashes - equal to the total number by early 2016.

#actuallyexponential
#atleastfornow
legendary
Activity: 3220
Merit: 2334
I fix broken miners. And make holes in teeth :-)
Meantime 9700ish is not bad. I'd prefer a more relaxed run to 10k and 15k then bursts that then become busts....

legendary
Activity: 3620
Merit: 4813
34 brothers, the dude is getting drunk older :-)

Verjaardagen zijn net als wijntjes; je geniet er meer van als je niet telt hoeveel je er al gehad hebt.

Vandaag is de dag die jij vieren mag. 34 jaar dit keer, doen de rimpels al zeer? Je bent namelijk ouder dan gister maar jonger dan morgen!

Van harte gefeliciteerd mijn Belgische buurman! Smiley

(Currently to lazy for translation, i wished El duderino a happy birthday.)
legendary
Activity: 3766
Merit: 5146
Note the unconventional cAPITALIZATION!
Meanwhile, Craig says digital signatures aren't real if they are signed anonymously:

https://twitter.com/BitcoinMemeHub/status/1268366834287312897

Craig, a missed comedian right there, it seems.
Where does he register his wallet keys?  Cheesy

Not to say that the message was signed with the private keys of said 145 addresses.


Perhaps he thinks that if he throws enough random words into a reply that this will befuddle the interviewer and listeners?
To be fair, it seems to have worked cause I don’t know wtf he was talking about :-)

Edit: btw 4 more blocks until a -9% difficulty reduction.
Bitcoin working as designed and all is well.

I really really hope the courts in Florida throw the fucking book at him.  He has wasted a lot of taxpayer money in my country.

Looks like we got your >9% decrease.  Might be enough for some marginal miners to come back on.  In fact if this is the bulk of post halving stabilization, i am frankly surprised.  Too easy really...
legendary
Activity: 2828
Merit: 1497
Join the world-leading crypto sportsbook NOW!
Exit the system. Buy bitcoin
https://www.reddit.com/r/CryptoCurrency/comments/gvi1q3/this_was_just_broadcasted_in_live_tv_in_los


Those comments for the lolz Cheesy

34 brothers, the dude is getting drunk older :-)
HBD my brother!
Observing $9,750, perhaps a 5 digit birthday present?
I found a photo, it could have been taken during a Black Lives Matter Protest or a Wall Observer Brother Meet?
I’m not sure which though Wink
Hbd to you El duderino! Smiley

It will reach $10,000 if we all say ShAzAm(for the antihero black adam) in unison! Cheesy
And a little video about the other Adam b(l)ack! Grin
https://www.youtube.com/watch?v=YtwnYuOzSDw
legendary
Activity: 4242
Merit: 5039
You're never too old to think young.
Good morning Bitcoinland.

Bouncing along and creeping up again, I see... currently $9802USD/$13247CAD (Bitcoinaverage).

Getting ready for another assault on 5 digits, or $10.5k if you prefer.

Go Bitcoin go.

Well some high profile studies do say that police brutality is linked to the 1033 weapons transfer program. There's a lot more that has been said on this subject over the years, so much so in fact that I find it hard to believe you have not seen the link before.
https://www.cato.org/blog/militarization-makes-police-more-violent
Quote
Earlier this year [article is from 2017], a study conducted by researchers from Harvard, Stanford, Cincinnati, and Gardner‐​Webb concluded that the Pentagon’s 1033 weapons transfer program made participating departments more likely to engage in deadly violence. After receiving 1033 gear, departments were more likely to kill civilians as well as dogs.
https://journals.sagepub.com/doi/full/10.1177/2053168017712885
Quote
As for policy, our results suggest that implementing the EO to recall military equipment should result in less violent behavior and subsequently, fewer killings by LEAs. Taken together with work that shows militarization actually leads to more violence against police (Carriere, 2016; Wickes, 2015), the present study suggests demilitarization may secure overall community safety.

I don't think there's much doubt that law enforcement must be demilitarized, except for the use of special weapons in special circumstances with comprehensive investigation and accountability into their use.

Until demilitarization can be accomplished, there at least should be military-level controls on law enforcement violence. There should be Law Enforcement Police, equivalent to Military Police, and Law Enforcement Court Martials to keep law enforcement officers under control. Just as there are no soldier unions to fight the military, there should be no law enforcement unions to fight society.

If law enforcement want military powers, they should be subject to military-level controls.
___

Happy bday Mic Dude. Another 6 years and your life will begin.  Cool
legendary
Activity: 4354
Merit: 3614
what is this "brake pedal" you speak of?
Hold up a sec,  I think it is possible that there is something we have all been missing in this.  Perhaps the reason the cops need military hardware to do their job...is because they have been given the wrong job.

https://www.zerohedge.com/markets/taibbi-where-did-policing-go-wrong

It's the wrong job from our perspectives down here as lowly serfs. As long as we obey and keep paying taxes, we have nothing to worry about, right?

i think so, as long as we can hold our breath for 9+ minutes. every citizen should be able to do this trivial thing imo.
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