Wall Observer BTC/USD - Bitcoin price movement tracking & discussion

[Torque]

Also, you don't need to practice much for shooting into a 1km square full of people (20.000+) from 300m distance with a full auto. Just the basics of the gun functions, reloading (which btw took him a very long time), etc.... No need to really aim beyond an instinct orientation into the mass of people.

So the official story, confirmed from multiple MSM news sites, is that people heard off and on firing for about 10 minutes (give or take).

Not an hour of firing, not 30 mins, not 15 mins. Maybe 10 minutes of off and on firing, with long pauses in between. And then dead silence.

Then the MSM news confirms that he killed 59 people and injured another 527. That's 586 people that he supposedly shot in that 10 minute time frame.

Well, just do the math on that. He would have had to have hit a person, on average, once every second or every other second. And had near 99% accuracy on full auto. Using a bump fire auto (notoriously inaccurate). From 300 yards away. And fired continuously, non-stop, no reloading and no pausing. And no switching weapons, or going to a different window. By a guy that had no military background and wasn't known to even own a gun, much less 30+ guns.

I mean.... really? Are they fkn kidding me? Do they think that we are so stupid that we can't do simple math now?

We see video where people clearly aren't dropping like flies, with bullets whizzing by, missing people, etc. Somebody is lying their asses off.

We circle back to the fact that the recent shooting was perpetrated by illegally acquired and modified firearms.

Fact... illegally acquired and modified firearms. Told to you as fact by whom? The MSM? The police? SMH

[bitserve]

(I think owning full auto is illegal in USA)

Popular misconception. There is no federal prohibition upon private citizens owning full auto weapons.

The NFA of 1934 was the first federal gun law (save for a ban on sending handguns though US Mail). It made ownership of full auto weapons subject to a $200 tax (at the time, several times the cost of a typical such weapon), fingerprints on file, and sign-off by local law enforcement officer. The federal picture on ownership of full auto weapons is statutorily pretty similar today. Of course many peripheral laws have been passed that make such ownership less and less practical.

What states do is somewhat different. I assume Nevada allows such, but I really have no reason to look it up. I think they are legal in the majority of states.

edit: Ever wonder why federal gun laws are enforced by a division of the US Treasury? Picture 1934. Prohibition has been just been repealed. Depression is in full swing. What to do with legions of jackboots on the federal payrolls who have just had their reason for being on the payroll repealed? Obviously politically unpalatable to just lay them off (I guess the term at the time would have unapologetically been 'fired'). Why not create an entirely new reason for these revenuers to be on the payroll? Hence, the Bureau of Alcohol, Tobacco, and Firearms. Who cares if a few fringe gun owners get hurt in the process? It serves the greater good, donchaknow.

Yeah, Maybe they are legal in Nevada. It's the only place I have ever fired a full auto (an UZI) in "The Gun Store" IIRC. But I thought that maybe as a licensed business they were alllowed and not individuals. Interesting to know that any individual is able to get a license... even though that for mass-murdering you don't really need to care about licenses or anything and it is way better to just buy it on the black market.

Anyway, $200 is nothing. I have to pay more for my licenses in Spain and I am not allowed to carry them except in certain circumstances plus many other legal requirements. And of course no full auto, no silencers, no nothing. Oh and I had to invest in a CLass III safe, among many other things.

Now just think that $200 (per year) in Spain means way more than in the USA if the median salaries are taken into account.

You guys in the USA are lucky in the firearms regulations you have.... I don't know if that facilitates more crimes or not though. It's none my business to argue about it.

[RoomBot]

When is the hardfork? And is it like the previous one? That I need to transfer from exchange to wallet?

November. Coinbase will probably be forced to support it right away. It's their mess.

https://www.reddit.com/r/Bitcoin/comments/73v4nm/charlie_lee_how_coinbase_and_other_exchanges_will/

Coinbase is forced to support both forks at the time of the hardfork and need to let the market decide which is the real Bitcoin.

Yeah, I stopped reading at 'forced to support'. So has the fascism around Bitcoin already started? 'Forced to support' new forks that are potentially harmful? Anyone can create a fork, so it doesn't mean you need to support every single one of them that comes along. It doesn't mean that 'they' can ram it down our throats and we just have to live with it. That's complete bullshit.

How about the Bitcoin economic majority are 'forced to support' their sorry asses right out of business by never using their services again?

Vote with your money and your feet.

Edit: And if anyone in Bitcoin believes that all this constant 'forking' is completely normal behavior in order to improve Bitcoin, they are delusional. It is being done to attempt to divide the community and eventually derail/topple Bitcoin. Nothing more and nothing less. Their goal is to de-value and marginalize Bitcoin completely. The proof in what I'm saying will be when we get passed Nov and into next year, and yet there will be talk of more and more future forks. No existing chain will ever be good enough, even though the system we have now is working perfectly fine (actually better than fine) for all the actors involved.

We'll dump them all for BTC

[RoomBot]

There are no other cryptocurrencies that matter. Zcash is already on it's second fork fwiw. As for the spam attacks, we already know our own hired goons are responsible.

Yes, but you have to understand that existing Bitcoin users are not necessarily their target. The target of their confusion tactics are mainly Average Joe newbies thinking about buying bitcoin for the first time, that are completely unaware of Bitcoin's sordid history and bad actors. These are the same people currently reading and believing all those negative MSM Bitcoin articles.

Their goal is to slow down or completely derail Bitcoin adoption. And they think the unwashed masses are easily swayed, which history has proven to be true.

Exactly.  I can see a gazillion people paying "bargain" prices for BTC only to find they got tricked into BCH or BTCGold or some other non-Bitcoin crap* instead.

*Bitcoin Cash is neither Bitcoin nor cash: https://asktom.cf/index.php?topic=2068349.msg20648531#msg20648531

Do I need to start a new thread about BTC Gold?

[bitserve]

Also, you don't need to practice much for shooting into a 1km square full of people (20.000+) from 300m distance with a full auto. Just the basics of the gun functions, reloading (which btw took him a very long time), etc.... No need to really aim beyond an instinct orientation into the mass of people.

So the official story, confirmed from multiple MSM sites, is that people heard off and on firing for about 10 minutes (give or take).

Not an hour of firing, not 30 mins, not 15 mins. Maybe 10 minutes of off and on firing, with long pauses. And then dead silence.

Then the MSM confirms that he killed 59 people and injured another 527. That's 586 people that he supposedly shot in that 10 minute time frame.

Well, just do the math on that. He would have had to have hit a person, on average, once every second or every other second. And had near 99.9% accuracy on full auto. From 300 yards away. And fired continuously, non-stop, no reloading and no pausing. And no switching weapons, or going to a different window.

I mean.... really? Are they fkn kidding me? Do they think that we are so stupid that we can't do simple math now?

We see video where people clearly aren't dropping like flies, with bullets whizzing by, missing people, etc. Somebody is lying their asses off.

I think I said I would not be following up on this thing unless new evidence found -besides it is offtopic here... is that means anything-. But out of respect to you:

No need to believe the MSM. If you watch several of the videos that have been published by independent sources you can exactly calculate how many shots were fired. There is no discrepancy on the videos. The audio of them all show the same.

I haven't calculated them, but on a estimation I would say several hundreds at least. Yes, on 10 minutes with long delays between reloadings or whatever.

NOw you take those several hundreds shots against the mass of people. Take into account that 20.000+ persons confined in that space means at least half of the bullets would hit a body part, the other to the ground (and probably ricocheting with smaller power considering the angle). So it is not that hard to assume that you get 50 deadly shots. 500? Noone said there were 500 injured by bullets. You get people coming to the hospitals with anxiety attacks, injured in the stampede of people, stepped by other people, etc etc...

Yes, I do agree from the audio of the videos that maybe more than half of the bullets stroke the ground and not people. The acute sound you hear is bullets striking the place, the basser/muffled sound is the one coming directly from the firearm in the distance. So yes, probably more than half of the bullets hit the ground.... but still there are enough to produce the deaths and injuries reported.

As I said, when more detailed information comes out maybe I would think otherwise, but what we have now I don't see a discrepancy.

[jbreher]

Bitcoin is more deadly than guns for the 1% and if we succeed, it will be because enough see it the same way.

Look at you grasping to make a bitcoin connection.... :

Nevertheless, Icygreen is right on this one.

[Torque]

So it is not that hard to assume that you get 50 deadly shots. 500? Noone said there were 500 injured by bullets. You get people coming to the hospitals with anxiety attacks, injured in the stampede of people, stepped by other people, etc etc...

Yes I agree that an attacker(s) could have shot and killed 59 people in that timeframe. But the MSM is clearly implying that 527 other people were injured by the attackers bullets as well. They are not clarifying that statement at all. In fact, they are implying that so many people are in the hospital from gunshot wound injuries, that they need blood donors by the truckload.

https://www.nbcnews.com/storyline/las-vegas-shooting/las-vegas-shooting-blood-donation-lines-strech-blocks-n806876

Anyway: I'm done with this topic. Back to Bitcoin discussion.

[jbreher]

(I think owning full auto is illegal in USA)

Popular misconception. There is no federal prohibition upon private citizens owning full auto weapons.

True, but the scrutiny to legally purchase those weapons is not worth the hassle to me.

To my understanding, if you have a license to purchase that type of weaponry, the ATF basically has carte-blanche access to "raid" you whenever they want for whatever reason - under the auspices of a "compliance check" or some other regulatory reasons.

True dat.

If I ever want to have fun shooting serious guns, I'll go out to Vegas and hook up with a bunch of ex-military/soldier-of-fortune types, while plinking at 12" steel plates out of a BMG .50 in the desert at 250 yards.

Out this way, we used to have an annual machine gun shoot. You could go and for a fee, fire pretty much anything you might dream of. M4s, AKs, BARs, MP5s, MAC10s, UZIs, M1 .30 carbines, M14 7.62x54 select fire, M62s (there's your .50), M2s (more fun - your .50 in full auto form), pintle-mounted quad ak-ak guns, the list goes on & on. One year, even a fully restored Sherman Tank with 76mm howitzer (too pricey for me back then). Shooting over a square mile of nothing with targets scattered about. At nightfall, the 'mad minute' of tracer fire, with replenished active targets which included full propane cylinders and quarter-sticks of dynamite. Good times indeed.

Sadly, discontinued about three or four years back.

[ragnar0k]

Bought gold for the first time...
Man this thing moves in matrix bullet mode compared to bitcoin, I've developed ADHD

What goodie did you get?

Just passing some time on etoro waiting for tomorrow, not wasting money on gold per se XD
Maybe gold will move 0.00005% by tomorrow

[El duderino_]

END list, good luck!

19/9 rayx12 
24/9 kidbitter* 
25/9 binaryreign* 
26/9 player99 
27/9 xhomerx10 
28/9 khufuking 
29/9 jhayzxenon*   
30/9 yermom 
01/10 teamtarp* 
02/10 bitchick * 
03/10 ^BuTcH^ 
04/10 minermannc
05/10 punisher1314*
06/10 jimbo Toronto*
07/10 player514*
09/10 Oinas*
10/10 bikerlezno*     LAST WINNER
11/10 ted e. bare
12/10 harrymmmm*
13/10 cryptoqueeen*
14/10 bitcoinaire*
15/10 ludwigvon*
16/10 BitchicksHusband*
17/10 shroomskit_disgrace
18/10 dakustaking76
19/10 birobob*
20/10 leowonderful
21/10 paashaas
22/10 cmacwiz*
23/10 spaceman_spiff_original*
24/10 colonel panic
25/10 soullyG
26/10 weltmaster*
27/10 vroom
28/10 entons*
29/10 roombot*
30/10 notme*
31/10 twocorn
01/11 YamashitaRen
02/11 orpington
03/11 Haciendo*
04/11 lilloboy
05/11 jojo69*
06/11 d_eddie*
07/11 empowering*
08/11 northyplole*
09/11 podyx*
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14/11 hazukison*
15/11 organic*
16/11 Heater*
17/11 foxygoxy*
18/11 600watt
19/11 arriemoller
20/11 drbrockcoin*
21/11 icygreen*
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23/11 erisdiscordia
24/11 oblox*
25/11 mfort312*
26/11 globbo*
27/11 lfc_bitcoin
28/11 conspirosphere.tk*
29/11 rjclarck2000
30/11 last of the v8s *
01/12 newworldcoiner*
02/12 souspeed*
03/12 jaapgvk
04/12 sgk*
05/12 fluidjax
07/12 free-bit.co.in
08/12 imbatman
09/12 yonton
10/12 fragout*
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16/12 marcus_of_augustus*
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21/12 2dogs
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28/12 deathangel*
30/12 erre
31/12 elwar
01/01/2018 lewis pirenne*
02/01/2018 addressed*
03/01/2018 bathy
05/01/2018 bitcoin psycho
06/01/2018 chowhan
07/01/2018 fabiorem*
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22/01/2018 _javi_
26/01/2018 kurious*
28/01/2018 steelboy*
29/01/2018 alcohodl
01/02/2018 cristitcm
18/02/2018 in the silence
20/04/2018 fractal universe*
15/03/2018 Carl85
15/05/2018 oldtimegin*
15/06/2018 samson
16/08/2018 samarkand

[LewisPirenne]

Bought gold for the first time...
Man this thing moves in matrix bullet mode compared to bitcoin, I've developed ADHD

What goodie did you get?

Just passing some time on etoro waiting for tomorrow, not wasting money on gold per se XD
Maybe gold will move 0.00005% by tomorrow

Actually pretty much every financial instrument on this planet moves in bullet time mode compare to Bitcoin (or most crypto). 
Since there is so much volatility in BTC already, using leveraged position in bucket shop like eToro or BitMex is a really bad idea.  People are more likely to get whipsawed and cleaned out of their position.  The real downside is that it prevents you from becoming a true hodler, which is what makes real money in the long run.

[Odalv]

I really do not understand why the "core team" has a 2X problem.
Without 2X is not Segwit. Bitcoin has exponential support, so 2X is a good compromise.

... ok I understand that they want to create a "market fee" and "birth of side chains" as soon as possible.

The war between Bitcoin and Segwit2x will damage both sides and finally 2X is necessary (only the of time question)

[ragnar0k]

Actually pretty much every financial instrument on this planet moves in bullet time mode compare to Bitcoin (or most crypto). 
Since there is so much volatility in BTC already, using leveraged position in bucket shop like eToro or BitMex is a really bad idea.  People are more likely to get whipsawed and cleaned out of their position.  The real downside is that it prevents you from becoming a true hodler, which is what makes real money in the long run.

My BCs are sacred, no etoro for them. They only stay briefly in Gemini or sometimes Coinbase
Also I almost never leverage as it scares the sh**t out of me, seems more like gambling!

I am wondering if we will ever pass the matrix and start predicting the slow stock markets after dope bitcoin training XD

[RoomBot]

Something I find most amusing is the process whereby a given hypothesis goes from being patently absurd to irrelevant truth overnight.

One day the theory is so ludicrous that anyone espousing it is clearly insane, then the revelation comes out and suddenly the truth of what yesterday was proof of lunacy is suddenly old news, or just no big deal.

I have had many opportunities to be amused by this.

Like 9/11 and every mass shooting in the US since Colombine?  Deep state observer!  Are we in the final throes of capitalism and democracy yet?

For anyone awake, or wants to be: What are the Odds It's Another False Flag Attack?

https://www.veteranstoday.com/2017/10/02/vegas-odds/

[RoomBot]

Good morning Bitcoinland.

Down a couple of benjamins I see, but over a third of the way back... currently $4300USD/$5378CAD (Bitcoinaverage).

Most alts also down... AltCash currently at $399USD/$499CAD (Coinmarketcap).

I don't see any immediate reason for this strange dip but it's not that deep, certainly not worth buying. We're basically back to where we were the day before yesterday. Strange stuff.

Yup, really strange stuff happening with Ethereum, Monero, ETC too. Constantly going down but bitcoin is sustaining pretty good.

But hey, its time to buy some ETC/ETH/XMR, they can't go more down!

Altcoins are going down because of the sell pressure of the big investors, they want to accumulate BTC, so they can get a free airdrop from BTCgold....  

LOL, so there's something called BTC Gold coming up now? You've gotta be kidding me, I didn't know about that all.

I didn't even completely extract my bitcoin cash off from my bitcoin wallets... Now I'll be getting BTC Gold too? I literally am not interested in such pathetic trash!

Back to topic:  We dump all the alts for BTC, (if/when it's "safe.")  That'll teach 'em.

[Heater]

I really do not understand why the "core team" has a 2X problem.

Greg Maxwell is on the "core team". That goes a long way to explain a lot of weird shit IMHO.

[sgk]

Good morning Bitcoinland.

Down a couple of benjamins I see, but over a third of the way back... currently $4300USD/$5378CAD (Bitcoinaverage).

Most alts also down... AltCash currently at $399USD/$499CAD (Coinmarketcap).

I don't see any immediate reason for this strange dip but it's not that deep, certainly not worth buying. We're basically back to where we were the day before yesterday. Strange stuff.

Yup, really strange stuff happening with Ethereum, Monero, ETC too. Constantly going down but bitcoin is sustaining pretty good.

But hey, its time to buy some ETC/ETH/XMR, they can't go more down!

Altcoins are going down because of the sell pressure of the big investors, they want to accumulate BTC, so they can get a free airdrop from BTCgold.... 

LOL, so there's something called BTC Gold coming up now? You've gotta be kidding me, I didn't know about that all.

I didn't even completely extract my bitcoin cash off from my bitcoin wallets... Now I'll be getting BTC Gold too? I literally am not interested in such pathetic trash!

No problem.
Can you do me a favor? Once BTC Gold is launched (Oct 25), can you move your BTC to new wallet and just give me your unused private keys? 

[micalith]

I really do not understand why the "core team" has a 2X problem.

Greg Maxwell is on the "core team". That goes a long way to explain a lot of weird shit IMHO.

Yup. It's about the development team. 2x has corporate banking and is essentially a coup, corporate cartel takeover attempt. That would mean more centralised development so less secure. Probably more cartel mining too.

[JayJuanGee]

I really do not understand why the "core team" has a 2X problem.
Without 2X is not Segwit. Bitcoin has exponential support, so 2X is a good compromise.

... ok I understand that they want to create a "market fee" and "birth of side chains" as soon as possible.

The war between Bitcoin and Segwit2x will damage both sides and finally 2X is necessary (only the of time question)

You are full of shit.

You assume the conclusion to your logical puzzle. Don't know why core is against, 2x, 2x is necessary.. blah blah blah...

No 2x is not necessary.  There is absolutely no reason for 2x, except the fact that various folks (including you) are making up facts and conclusions in order to assert that 2x is necessary, when it is clearly not.

2x is only being propositioned as being necessary in order to make attacks upon THE REAL bitcoin.

You know that, but you are just coming into this thread and making nonsensical points and assuming the conclusion that you want to reach (and you hope others will reach your nonsense too..... like they do in r/btc... and.. makes NO sense.

[rjclarke2000]

All I know is it will mean more free btc for me.