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

[jbreher]

Bitcoin started a divergence with its fair value in March. It is currently listed as having a Price to Earnings equivalent of 6.78.

http://oi68.tinypic.com/14vtw8x.jpg

For the purpose of this graph, what are the definitions of: Fair Value; and Earnings?

[Torque]

More Bcash double spendings  

https://doublespend.cash/

jbreher the BCash lover wants to go on and on about how Bitcoin fungibility is somehow "compromised" with SegWit.

But on this BCash compromise (ie. complete failure)? Dead silence. Crickets.

Complete failure? Not at all. For those transactions worth waiting for, you can wait for block inclusion. It is an option that BTC does not give you.

Nice fkn spin there jbreher. You think you're the teflon man, but you aren't. Just a bullshitter.

I suppose by your reasoning then I can say that in Bitcoin for those that don't want to use SW, the legacy wallet addresses still work just fine. It is an option that BCH does not give you.

[infofront]

Sounds like a good description of many humans.

Liberals aren't human, tho.

[Ibian]

Sounds like a good description of many humans.

Liberals aren't human, tho.

Liberals in the sense that they want people to have personal freedom are the best humans. But that's not what it means anymore. Fat bastard in above vid is a liberal, but the British tea drinking type.

[infofront]

It's hard killing things. I deer hunt, and feel bad every time I shoot one. Another one of man's burdens I guess.

That's a good sign. Respect for life is a K trait. But you still go and do it.

Thanks. I've noticed you like to categorize people into r or K type. I'm curious as to what the significance is to you.
I'm guessing it's that r-types contribute to the downfall of society, and K types do the opposite?

[El duderino_]

More Bcash double spendings  

https://doublespend.cash/

jbreher the BCash lover wants to go on and on about how Bitcoin fungibility is somehow "compromised" with SegWit.

But on this BCash compromise (ie. complete failure)? Dead silence. Crickets.

Complete failure? Not at all. For those transactions worth waiting for, you can wait for block inclusion. It is an option that BTC does not give you.

Nice fkn spin there jbreher. You think you're the teflon man, but you aren't. Just a bullshitter.

I suppose by your reasoning then I can say that in Bitcoin for those that don't want to use SW, the legacy wallet addresses still work just fine. It is an option that BCH does not give you.

[bitcoinPsycho]

Sounds like a good description of many humans.

Liberals aren't human, tho.

Liberals in the sense that they want people to have personal freedom are the best humans. But that's not what it means anymore. Fat bastard in above vid is a liberal, but the British tea drinking type.

[Wekkel]

More Bcash double spendings  

https://doublespend.cash/

jbreher the BCash lover wants to go on and on about how Bitcoin fungibility is somehow "compromised" with SegWit.

But on this BCash compromise (ie. complete failure)? Dead silence. Crickets.

Complete failure? Not at all. For those transactions worth waiting for, you can wait for block inclusion. It is an option that BTC does not give you.

Nice fkn spin there jbreher. You think you're the teflon man, but you aren't. Just a bullshitter.

I suppose by your reasoning then I can say that in Bitcoin for those that don't want to use SW, the legacy wallet addresses still work just fine. It is an option that BCH does not give you.

https://hackernoon.com/bitcoin-btc-bitcoin-cash-bch-part-1-dbf9fc69d687

[Ibian]

It's hard killing things. I deer hunt, and feel bad every time I shoot one. Another one of man's burdens I guess.

That's a good sign. Respect for life is a K trait. But you still go and do it.

Thanks. I've noticed you like to categorize people into r or K type. I'm curious as to what the significance is to you.
I'm guessing it's that r-types contribute to the downfall of society, and K types do the opposite?

That's a big part of it, yes. But it's also far more than that. There are only two types of basic ways to think and consequently live. Those are r and K. Everything else falls under those two categories.

Too big a topic to go into detail here but basically, r's are hedonists and narcissists, conmen and socialists, the type to tear others down instead of build themselves up. And they have no respect for life whatsoever. I have seen people snap the neck of baby birds just for lulz. That was the moment where I finally grokked just how different they are.

K's are the opposite. They care more about their in-group than about themselves, traditional family types and capitalists. They are survivors and warriors where r's are cowards. You can actually tell just from looking at people if they are a hard r or K once you get some practice. This is where the punchable face meme comes from.

More details here: http://anonymousconservative.com/
He gives the book away because that's what K types do, as per the above. He cares more about helping the world than about personal profit.

So all very interesting, but who cares? Well, I happened across this by chance some years ago: http://people.uncw.edu/kozloffm/glubb.pdf

There appears to be a cultural cycle, and the cultural traits he describes when a culture is ascending match the K psychology. When declining, r. So when we have more K's in a culture things go better for everyone, and when we have mostly r's we eventually end up with something like the soviet union, which all of europe and the states and australia are sliding towards.

If my understanding of these two theories and their interaction is correct, then we are at most a few decades away from some form of war, and it is likely to be worse than anything that came before. If we are very lucky it will be a new crusade against Islam. If not, it will be a communist collapse that makes the past century look like a stubbed toe.

Either way, the only thing that can be done is on the personal level. Which is why I take the time to study it. Survival in whatever form it takes requires likeminded people. There are not many of us, and we tend to keep to ourselves, so a solid understanding of human behavior is likely to be useful.

[cAPSLOCK]

More Bcash double spendings  

https://doublespend.cash/

jbreher the BCash lover wants to go on and on about how Bitcoin fungibility is somehow "compromised" with SegWit.

But on this BCash compromise (ie. complete failure)? Dead silence. Crickets.

Complete failure? Not at all. For those transactions worth waiting for, you can wait for block inclusion. It is an option that BTC does not give you.

BTC gives you the option to use Layer 2.
BCH give you the option to risk being ripped off.

[cAPSLOCK]

Why wouldn't you pay for "The Soundtrack to Your Lives^tm"? He's even gonna let you get rid of some of your Segwit coin.

Haha. Wrong band, but otherwise on target. Touche'!

Thank you... but not to worry... that's as far as it goes here... a little too far really.

[mymenace]

So what do we think about the coming american space marines?

https://www.youtube.com/watch?v=JuAVt-hfl90

They will be trained to... seize Falcons, invade, um, the ISS and nuke planet earth from there in order to colonize it? Not sure, sounds like fun.

Like the fat british tea drinker said, control of space means control of the planet. What's anyone gonna do against a rod from god slamming into an airbase? Or a hundred of them. Those things are cheap for what they do.

A prophecy misread

Is the space program looking outwards?

https://en.wikipedia.org/wiki/Phobos_monolith


Neil Armstrong said we would question more when the public knew of phobos

[Last of the V8s]

[4rt3m]

Spend one and spend another one for free!

[El duderino_]

Spend one and spend another one for free!

where is room for 1 there is room for 2 in BCASH be quick and join the spending

[JayJuanGee]

TBDR <<-- Too Big Didn't Read

I'm going to make up a new acronym for "did not read word too big" I'm sick of googling a word if it's only used to make you look intelligent.

Maybe, once in a while, people use a BIG word just to attempt to look smarter - but frequently, there is just BAD word choice going on.  Surely, there are also trolls out there, who engage in all kinds of disingenuous tactics to divert from the topic, but in the end, I believe that you are overstating the pretentiousness phenomenon.. and describing something that largely does not exist.  Lots of small brained peeps accused college educated folks of this, and some of those people fail and refuse to educate themselves while accusing the other person of pretending.

On the other hand, I will back track a little bit and say to you that I do recognize a phenomenon of ICO and/or Alt coin pumpers and bitcoin bashers engaging in attempts at over technicalizing and complicating their explanation of some matter that they are describing in order to make their CON job seem to be more important than it is...

In our current world of information and fake news, each of us has a responsibility to engage in critical thinking and critical reading, and figure out if some presenter is presenting genuine ideas badly or attempting to con us (whether intentional or not).  There can be some good people with good intentions that unwittingly get caught up in carrying the con water for someone else.

...
Tried 2 browsers, I have no sound?
...
Attack from Coinbase? Linky?

settings...audio
https://us16.campaign-archive.com/?u=67eb93253df610fc7b047c270&id=8927bd8933 <-- coinbase fuckery

maybe he meant allocution

Thanks for the link and he makes a habit of that.

Probably best to take most things that Roachie says with a BIGASS grain of salt, and if you read much of anything that he posts, skim it, rather than getting caught up in the weeds of his nonsense.  He does make an important point here and there, but most of the time, it would not be worth it to credit him for his contribution(s) since the larger majority of the time  he speaks gibble-dee-goble-dee.

[bitcoinPsycho]

Spend one and spend another one for free!

where is room for 1 there is room for 2 in BCASH be quick and join the spending

[bones261]

TBDR <<-- Too Big Didn't Read

I'm going to make up a new acronym for "did not read word too big" I'm sick of googling a word if it's only used to make you look intelligent.

Don't feel too bad about having anything written by anonymint going over your head. That guy is in a league of his own. Usually, just to get a dim inkling of understanding any of his posts requires many hours of research. However, if you do make the attempt to try and decipher his message, it usually leads to a much deeper understanding of how BTC actually works.

[kalehon]

[vapourminer]

TBDR <<-- Too Big Didn't Read

I'm going to make up a new acronym for "did not read word too big" I'm sick of googling a word if it's only used to make you look intelligent.

Don't feel too bad about having anything written by anonymint going over your head. That guy is in a league of his own. Usually, just to get a dim inkling of understanding any of his posts requires many hours of research. However, if you do make the attempt to try and decipher his message, it usually leads to a much deeper understanding of how BTC actually works.

agreed. once you start reading the linked stuff (which will require a LOT of time) much of it makes a lot of sense (not that i pretend to understand most of it, i just cant keep up). just be prepared to possibly have some of your beliefs about btc/crypto challenged.