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

[wh1rlw1nd]

Greetings,
massive FUD on TVs for ordinary people has been detected recently
1) for US citizens - funerals of bitcoin and shutdown of crypto-digest at CNBS FastMoney
https://www.cnbc.com/video/2018/06/22/fast-moneys-bitcoin-funeral.html
2) for Russia - one of the main TV channels, title "Crash of bitcoin"
https://www.youtube.com/watch?v=2v1fWipoAdQ&feature=youtu.be
3) for English ones (as was previously posted here)
https://www.independent.co.uk/voices/bitcoin-latest-price-concurrency-money-exchange-rate-analysis-a8424651.html

coincidence? i think not.  

[HairyMaclairy]

Note the up-thread post edit. This will be another post I will delete. Very tiresome to keep up with all the FUD turds you guys smear all over yourselves.

[…]

You have convinced me.  I need to run the version from November 2010 when Satoshi was still involved. What version was that?  Because that’s obviously the one true Bitcoin.

Sorry guys any transactions after 2010 are invalid. Anyone that says otherwise is just a Core shill.

You fail to comprehend my prior post. Those later versions of Satoshi’s protocol do not add any ANYONECANSPEND transactions, and thus even if you run an earlier version, your node will NOT accept as donations any transactions created with a later version of Satoshi’s client.

You’re trolling because you lack technological understanding of the issue at hand.

Also you fail to assimilate the many details I have articulated. The reason that the Satoshi protocol is the one true Bitcoin is because it is the Schelling point with the most security.

Until the hardforkoff of Core, Core is insecure because SegWit is ANYONECANSPEND. After the hardfork, Core is still insecure because all legacy addresses spent to non-legacy even after the hardfork can be taken as donations on the Satoshi chain. And the En-lightening networks crap is going to make Core chain more insecure. I had already explained why up-thread.

Keep pooping all over your thread. It’s becoming quite funny to watch.

Are you suggesting that pulling random versions from the past and proclaiming them to be the “one true Bitcoin” is a bit unhinged?

[mymenace]

Bitcon being attacked because it is a decentralized system

Roger ver and the hard forks was used to discredit bitcoin

Currently debate is raging over distributed lightning network and decentralized lightning network
Again trying to centralize bitcoin through every transaction on the lightning network

Segwit is a failure due to the inability to decentralize lightning networks


Why they are attacking bitcoin

It would do more than just provide a currency system it is a truth system as well


Truth of central bank inflation and tax lies


....and the currency wars continue

[Elwar]

It would do more than just provide a currency system it is a truth system as well


Truth of central bank inflation and tax lies


....and the currency wars continue

This. If as many people that bought bitcoin understood why Bitcoin...things would change quite rapidly.


Unfortunately most just watch the price trying to figure out when to get out.

[JayJuanGee]

I will also grant that there is a certain level of technicals, economics, politics, computer programming that must take some faith to accept because there are not too many people (even the really smart ones) who are going to understand all aspects of bitcoin, even if they specialize in some of them

Correct. Myself being an exception for the most part (although anyone can make mistakes, I do keep learning faster than those Core social justice workers who believe in democracy and thus making it impossible for them to learn).

First of all.  I thought that you had decided to childishly wish me luck in losing my coins, and you were going to continue to attempt to dialogue with me?  I guess you changed your mind?

Second, I develop a considerable amount of skepticism whenever I hear people describing or characterizing themselves as "the smartest person in the room" or anything close to that.  Instead of describing and characterizing yourself as smart, wouldn't it be better for you to actually demonstrate such smartness through your ideas and presentation of ideas.  So far I have not seen it.  So far I have seen a lot of name calling that seem aimed at inflaming and provoking rather than being justified descriptions about what is happening and inaccurate generalizing that includes the reliance on several faulty presumptions.

(including some of the developers not understanding some of the politics and economics, but they still end up supporting the right principles that cause bitcoin to serve as a stronger and stronger product of course with varying valuable use cases).

Incorrect. It is impossible for them to learn. They were socialized into the democracy religion and can’t be cured.

Get the fuck out of here.

First of all you are attempting to characterize core as if it were some kind of centralized business, when instead it is largely open and pushed by merit.  Those people who have good ideas and present their ideas well gain respect in such community.

The system is not exactly democratic, but certainly there are strong democratic aspects that allow meritorious participation... strongest ideas win...  Also, like Adam Back said in the quoted posts there are incentives built into mining, that kind of assume lack of trust and self interest, but that miners will do the right thing based on not wanting to kill their golden goose.  Sure there may be some powerful players who attempt to burn the thing down, but likely those evil players will get shunned and miners will move away from them. Of course, economics, game theory and politics play out too... and bitcoin has been adapting to some of the gamesmanship and one-upsmanship, too.

Likely bitcoin has gotten stronger from the multitude of attacks through 2017, and sure your spreading FUD about segwit is just another one of those attempts at an attack to attempt to get peeps to move off of segwit.

so how is that playing into anyones hand?

I should not have to explain this concept.  If segwit fear spreaders are trying to cause folks not to use segwit or to adopt it, then they achieve part of their objective when users act on such fears and fail/refuse to use segwit.  It is largely a systemic issue rather than an individual issue.

We try to prevent the hardfork and help others protect their real Bitcoin,

Now you are a "we"?  A royal "we"?  (which would just be you).... If not a "royal we", then  who are the members of your stupid ass propaganda/FUD spreading team?

[mymenace]

It would do more than just provide a currency system it is a truth system as well


Truth of central bank inflation and tax lies


....and the currency wars continue

This. If as many people that bought bitcoin understood why Bitcoin...things would change quite rapidly.


Unfortunately most just watch the price trying to figure out when to get out.

All the people I got into crypto know why bitcoin is there

[JayJuanGee]

BCH is not a surreptitious attack as is Core. Yet it is attempting to mislead and not make full disclosure.

Stupid ass statements like this shows your true agenda to denigrate and to attack bitcoin through your own misleading.

[JayJuanGee]

I will delete this post.

We've been waiting on you to delete all your posts. Followed by your account too.

Delete your account anunymint. I dont want to see anymore any of your shilling on this thread.
I bought $3M worth of bitcoin recently and I am waiting for the next bull run. If what you want is for us to lose our investment by scaremongering then we cant be on this same thread.

Apparently infofront believes that anunymint is contributing to the thread?  Even infofront has decide to follow anunymint's advice.. seems like...

[mymenace]

Bitcon being attacked because it is a decentralized system

Roger ver and the hard forks was used to discredit bitcoin
Currently debate is raging over distributed lightning network and decentralized lightning network
Again trying to centralize bitcoin through every transaction on the lightning network

Segwit is a failure due to the inability to decentralize lightning networks

Why they are attacking bitcoin
It would do more than just provide a currency system it is a truth system as well

Truth of central bank inflation and tax lies
....and the currency wars continue


Furthermore use of media, forums, social networks, by those few attacking bitcoin run narratives with each other on these platforms to look like infighting

only a few
sucks but s#$t you have to deal with



Update

Whats interesting to note is the amount of attacks on bitcoin saying it supposedly does not work
1) BCash shills
2) Segwit shills
3) Lighnting shills
4) Republic shills
5) Blocksize shills

Then why keep attacking it...........

[JayJuanGee]

Blah blah blah more garbage ramblings

A poor and witless man[lad] will protect his ego before he will protect his Bitcoins.

Yes... everyone do what troll anunymint suggests, and that way your coins will be safe.. panic, everyone.

Why do you care where other people keep their coins? In twenty words or less.

Segwit has been activated and implemented into bitcoin by normal consensus... therefore, if you support bitcoin, then you should be attempting to utilize and support its current and newest features... eg.. segwit... Keep a decent percentage of your coins on segwit addresses and using segwit features,...Ibian.    Get with the bitcoin program... modern bitcoin... not old bitcoin.

[Last of the V8s]

Here's some interesting stuff the Power Rangers did to bitcoin:
http://cascadianhacker.com/20_a-summary-of-changes-to-bitcoin-since-0321

And here's the stuff the Republic did to bitcoin thus far:
http://thebitcoin.foundation/misc/vpatch-nodes.html

I suggest we all drop the subject now we've been reminded, as none of the people responsible for the code are present.
It is also becoming repetitive and flamey.
Both sets of people are publicly available in other channels.
Read up, go there, and consult them.

[doc12]

BCH is not a surreptitious attack as is Core. Yet it is attempting to mislead and not make full disclosure.

Stupid ass statements like this shows your true agenda to denigrate and to attack bitcoin through your own misleading.

Excuse me bothersome troll liar, I do not see the word ‘Bitcoin’ nor ‘bitcoin’ in what you quoted.

Clearly I am denigrating scammers who try to scam people out of their Bitcoin. And I named two of those scamming groups above in the sentence of mine you quoted. Neither of them is Bitcoin or bitcoin.

I understand your delusion is so deep that my truthful statement is an anathema or heresy for you. But you will learn the hard way about your ignorance.

If you can’t even comprehend one sentence, how could you even expect to understand any of this. At least if you are going to accuse me of anything, then correctly accuse me of claiming that Core is not Bitcoin.

Is this retard somehow related to roach? His trolling is at least at roach level. Maybe the nerdy brother of this nazi mofo  

Ah and anonyshit: You are wrong, everything you say is bullshit. Better go and educate yourself.

[JayJuanGee]

BCH is not a surreptitious attack as is Core. Yet it is attempting to mislead and not make full disclosure.

Stupid ass statements like this shows your true agenda to denigrate and to attack bitcoin through your own misleading.

Excuse me bothersome troll liar, I do not see the word ‘Bitcoin’ nor ‘bitcoin’ in what you quoted.

Clearly I am denigrating scammers who try to scam people out of their Bitcoin. And I named two of those scamming groups above in the sentence of mine you quoted. Neither of them is Bitcoin or bitcoin.

I understand your delusion is so deep that my truthful statement is an anathema or heresy for you. But you will learn the hard way about your ignorance.

If you can’t even comprehend one sentence, how could you even expect to understand any of this. At least if you are going to accuse me of anything, then correctly accuse me of claiming that Core is not Bitcoin.

There you go again.  Attempting to place yourself as the smartest person in the room, but you are not really engaging in any kind of clarification of your ideas, to the extent that you might have some ideas that matter.

Segwit is the consensus[consensual] coin... Keep a decent[donation] percentage of your coins there...Ibian.  

ftfy.

I don't really know what the fuck you are attempting to accomplish with your changes.

Apparently infofront believes that anunymint is contributing to the thread?  Even infofront has decide to follow anunymint's advice.. seems like...

You now attempt to apply political peer pressure to force him to consent to donating his Bitcoin. “One For All, All For One.”

Don’t worry I will leave this thread so it can go back to normal.

Don’t force him to choose. That’s very deviant.

Infofront can do whatever the fuck he wants.  He can also make decisions for himself.  How could I be forcing or pressuring him..?  You make little fucking sense, but apparently you have had some effectiveness in persuading a few peeps in this thread.    He also owns this thread, so there is that too.

By the way, you keep threatening to leave us, but you don't follow through with your threat... Sad for us..  

[mymenace]

Bitcon under attack, decentralized blockchain dangerous

Roger ver and the hard forks was used to discredit bitcoin
Currently debate is raging over distributed lightning network and decentralized lightning network
Again an attack to create hegemony and centralize bitcoin through transactions on the lightning network

Segwit is a failure due to the inability to decentralize lightning networks

Why they are attacking bitcoin
It would do more than just provide a currency system it is a truth system as well

Truth of central bank inflation and tax lies
Truth of illegal money transfer
Truth of corruption

....and the currency wars continue



Furthermore use of media, forums, social networks, by those few attacking bitcoin run narratives with each other on these platforms to look like infighting

Only a few, what you have to deal with to survive the currency war.

Update

Whats interesting to note is the amount of attacks on bitcoin saying it supposedly does not work
1) Bcash shills
2) Segwit shills
3) Lightning shills
4) Republic shills
5) Blocksize shills



Thanks to the continued attacks on bitcoin, the public now know where to look, the truth in the blockchain can be exposed.

[realr0ach]

The reason that the Satoshi protocol is the one true Bitcoin is because it is the Schelling point (aka “emergent consensus” of the wealthy) with the most security.

There's far too many completely contradictory claims about bitcoin going on here.  You have people like Sidhujag claim shitcoins are better than gold because they can be upgraded, thus making them the completely made up and meaningless word "anti-fragile".  My counter claim against him is that, no, that is not a benefit; money does not simply morph into something else at random because then it is non-fungible and there is no Schelling point either.

But it's not possible for shitcoins to be fungible in the first place even if they have built-in tumblers like Monero, simply due to the fact they can and HAVE to be modified constantly.  For example, the Theymos push to try and X-out Satoshi coins in old addresses that will eventually become anyone can spend.  Or the need to use Lamport signatures or whatever in the future.  There are virtually zero Satoshi posts backing up your viewpoint that the protocol as he released is somehow sacred.  In fact, it's the exact opposite.  He talked constantly about people doing things like altering block size and other variables in the future if/when needed.

You're generally pushing a fringe Popescu claim that just doesn't line up with reality.  Bitcoin has always been made up of completely arbitrary, magic numbers with nothing sacred about any of them, and it will never be fungible.  This is why physical metals are the Schelling point and not shitcoins, because physical metals are free of political power vacuums, while shitcoins are nothing more than social constructs subject to change just like the fiat dollar.

[HairyMaclairy]

Why is this false equivalency and Bcash lol shilling getting so desperate.  Is it because bcash lol is 0.11 BTC and falling ?  Surely you can stay above 0.10 for a bit longer ?

[vroom]

If any given scammer shitcoin altcoin such as Core, Bcash, Ethereum, Iota, or EOS falls into the woodchipper, that has no long-term bearing on the gold of crypto. Gold isn’t wood. Gresham’s law assures us that real Bitcoin will be driven out of circulation and be hodled by the wealthy and wise. The bunny rabbits will chase after transaction scalable wood to throw into the woodchipper.

that's your greatest error in your argumentation. there is no core altcoin. bitcoin is bitcoin and everything else are altcoins. there is no segwit coin and no core coin. there is no satoshi coin. all we have is bitcoin and altcoins. consensus defines what bitcoin is. not some random forum shills.

[mymenace]

With current bad Global actors being hunted things are looking good for bitcoion

Once rounded up we hope the bitcoin price will be unleashed

Problem is they all hiding out in New Zealand

[ivomm]

What I don't get is why ethereum had $130-ish billion market cap in January and now Bitcoin has $100 billion cap.  How can one explain the claims that the current price of Bitcoin is too high and not sustainable, given that only 1% of the average Joe that heard about Bitcoin knows about ethereum (at least from my personal observations)? And if Bitcoin didn't go south, ethereum would have easily sustained that market cap. I have only one word: manipulation!

[mymenace]

What I don't get it why ethereum had $130-ish billion market cap in January and now Bitcoin has $100 billion cap.  How can one explain the claims that the current price of Bitcoin is too high and not sustainable, given that only 1% of the average Joe that heard about Bitcoin knows about ethereum (at least from my personal observations)? And if Bitcoin didn't go south, ethereum would have easily sustained that market cap. I have only one word: manipulation!

The time has come,
The manipulation ends


The blockchain holds the truth to billions of dollars of illegal money transfers


This is why they say bitcoin must go


Bitcoin is now the new world reserve currency made to replace the CENTRAL BANKING CRIMINAL CABAL


they want it gone

the fake, media, forums, boards, social media is now exposed


https://www.youtube.com/watch?v=3vw9N96E-aQ

buckle up