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

[d_eddie]

Here's a recent interview with a interesting character: https://breakermag.com/john-mcafee-is-73-very-stoned-and-running-for-president/

I'd love to see him debate the Donald, or the FBI. I really hope he runs for president. Of course he doesn't stand a chance - and he's smart enough to say it aloud and repeatedly, but can you imagine the fun?

[drays]

You just reminded me of terabear. What happened to him/her and all of our beartrolls?

Terabera was a she, but in the latest months of her activity, she was trying to act as if she was a he, for some strange reason.  Some peeps here had suggested that her account got bought out, but I don't buy that theory because it seems that her personality and posting style was otherwise the same, except that she began to act as if she were a he instead of a she.

Regarding her disappearance I have two speculations, and I will list them in order of which one I believe to be more compelling.

1) Terabera had a very similar disappearance during the 2015 bear market, and perhaps in that sense, her pay period was done, if you believe that she was a kind of paid shill, or she concluded that she could not be as profitable as a trader when the market devolved into a certain low level of volatility, if you actually believe that she was a trader.

2) in the latest months of her activity, she disclosed that she was experiencing health issues, something like lime disease, so perhaps her health is continuing to suffer and participating in the forum exacerbates her condition.  I don't really believe this second possible explanation is very convincing because any kind of sickness would allow for more internet participation because it would force sedateness, but if a person is forced to earn an income too, then a sickness might cause a person to have to focus more on money earning activities and to remove forum participation based on its distractive nature.

Tera admittedly had an INTJ personality, which means she would express neither definite female, nor definite male behavior. Well, closer to male, regardless of actual sex. INTJs are analysts with contrarian approach to everything.

I didn't read all of her older posts, but what I have seen during last half-a-hear, was not subjectively bullish or bearish - just an objective analysis based on reality, without any bias.

I really miss her here, as she was one of the most interesting posters (to me at least), with fresh and independent approach to things. Without a contrarian its too easy for a group/thread to be deluded.
If she reads this (which I strongly doubt) I would ask to come back (if that doesn't make her health issues worse, of course).

[HairyMaclairy]

Musk to remain as CEO, steps down as Chairman

https://www.nytimes.com/2018/09/29/business/tesla-musk-sec-settlement.html

[d_eddie]

Tera admittedly had an INTJ personality, which means she would have neither definite female, nor definite male behavior. Well, closer to male, regardless of actual sex. INTJs are analysts with contrarian approach to everything.

I didn't read all of her older posts, but what I have seen during last half-a-hear, was not really bullish or bearish - just an objective analysis based on reality, without any bias.

I really miss her here, as she was one of the most interesting posters (to me at least), with fresh and independent approach to things. Without a contrarian its too easy for a group/thread to be deluded.
If she reads this (which I strongly doubt) I would ask to come back (if that doesn't make her health issues worse, of course).

+1

[Hueristic]

Leah Wald and Thor (left)

OMg I'm in love!

 I feel you!  I love Rhodesian ridgebacks too!!

Gorgeous Breed and he's go impeccable taste in owners!

How did I know I was going to get this reply.  +1 WO for u

Here's a recent interview with a interesting character: https://breakermag.com/john-mcafee-is-73-very-stoned-and-running-for-president/

He's a fucking lunatic, I like that in a person.

But I wouldn't want him in the white house. But I would vote for him over Trump.

Stoned people are always entertaining.

It doesn't matter if he's stoned or not, he is just like that from everything I have seen and I was in the industry almost as long and have followed his reality show since it started in the early 90's.

I'd love to see him debate the Donald, or the FBI. I really hope he runs for president. Of course he doesn't stand a chance - and he's smart enough to say it aloud and repeatedly, but can you imagine the fun?

The entertainment value would be EPIC. And he would murder trump.

[jbreher]

Segwit and nonsegwit are all "on the blockchain."  I don't know how anyone who has been in bitcoin for a while would conclude that segwit is NOT on the blockchain?  I do believe that segwit has allowed the transactions per second to jump up dramatically and if you hit refresh on that page you will see the transactions per second jumping around between 10tsp and over 300tsp...   It seems that before segwit, there were proclamations that the bitcoin blockchain could only process a maximum of 7tps.

Yeah... about that....

Segwit or no segwit, BTC is utterly incapable of averaging 300 tps. By a couple orders of magnitude. Block weight will not allow it.

People testing the lightning network are seeing 400TPS easily between two nodes.  

Segwit let that happen.

Note the "on the blockchain" in the quote that advances the mistaken notion -- which I corrected -- that ...

Oh fuck it. If you're determined to be a loon, go ahead. Knock yourself out.

[jbreher]

From now on, only bitcoin for me.

Your transitioning over to bitcoin ...

Username almost checks out. I suggest perhaps 'bitmoverovertoer'

[sirazimuth]

[jbreher]

I don't recall seeing anyone post or discuss this 1broker.com seizure issue that happened about two days ago.

https://bitcoinist.com/1broker-com-domain-seized-by-the-fbi/

I don't recall such discussion either.

Then again, I don't get the relevance of J. Rando biz getting raided upon Bitcoin WO or price discussion.

[jbreher]

Without the whole passport thing I would've snatched one up as another Bitcorn memento.

username checks out

(I seem to be getting repetitive)

I don't like how everyone and their moms want full KYC these days despite of increasing amounts of data breeches. And so far nobody seems to be trying to solve that part of the problem either.

Well, there _is_ the Bitcoin solution. I mean, at least for those who will embrace it.

[jbreher]

Psst. We're rat poison. Pass it on.

squared.

[jbreher]

Anyway, maybe I'll go batshit crazy and convert all my BTC into BCH to trigger the next bullrun.

Careful -- they'll be out for blood.

Actually, the last few days suggest that now might be a pretty good time to make such a move.

[jbreher]

Here's a recent interview with a interesting character: https://breakermag.com/john-mcafee-is-73-very-stoned-and-running-for-president/

 Stoned people are always entertaining.

Not generally in my experience.

McAffee? Sure. Cecily Strong playing 'the girl at the party you should not have started a conversation with'? Yup (Hell, even Bobby Moynihan playing 'Drunk Uncle').

But random people at the party, in the bar, on the street? Interminable dullardry. And repetition thereof.

[JayJuanGee]

You just reminded me of terabear. What happened to him/her and all of our beartrolls?

Terabera was a she, but in the latest months of her activity, she was trying to act as if she was a he, for some strange reason.  Some peeps here had suggested that her account got bought out, but I don't buy that theory because it seems that her personality and posting style was otherwise the same, except that she began to act as if she were a he instead of a she.

Regarding her disappearance I have two speculations, and I will list them in order of which one I believe to be more compelling.

1) Terabera had a very similar disappearance during the 2015 bear market, and perhaps in that sense, her pay period was done, if you believe that she was a kind of paid shill, or she concluded that she could not be as profitable as a trader when the market devolved into a certain low level of volatility, if you actually believe that she was a trader.

2) in the latest months of her activity, she disclosed that she was experiencing health issues, something like lime disease, so perhaps her health is continuing to suffer and participating in the forum exacerbates her condition.  I don't really believe this second possible explanation is very convincing because any kind of sickness would allow for more internet participation because it would force sedateness, but if a person is forced to earn an income too, then a sickness might cause a person to have to focus more on money earning activities and to remove forum participation based on its distractive nature.

Tera admittedly had an INTJ personality, which means she would express neither definite female, nor definite male behavior. Well, closer to male, regardless of actual sex. INTJs are analysts with contrarian approach to everything.

I didn't read all of her older posts, but what I have seen during last half-a-hear, was not subjectively bullish or bearish - just an objective analysis based on reality, without any bias.

I really miss her here, as she was one of the most interesting posters (to me at least), with fresh and independent approach to things. Without a contrarian its too easy for a group/thread to be deluded.
If she reads this (which I strongly doubt) I would ask to come back (if that doesn't make her health issues worse, of course).

Does that mean that she was being contrary for the mere sake of being  contrary?  That is both annoying and troll-like behavior, no?    I understand that some people might find that interesting, but it seems that if you find it interesting, you are merely wanting to get entertained by the stirring of shit, rather than attempting to engage in meaningful battles of information and conclusions based on facts and logic rather than just picking out some random and inimportant contrarian point?

Anyhow, she seemed more like a troll and a shit stirrer rather than someone who might be well-intentioned and attempting to make meaningful contributions to dialectical discourse... as you seem to suggest her intentions to be good or at least the ends justify the means, perhaps?

[JayJuanGee]

Leah Wald and Thor (left)

OMg I'm in love!

 I feel you!  I love Rhodesian ridgebacks too!!

Gorgeous Breed and he's go impeccable taste in owners!

How did I know I was going to get this reply.  +1 WO for u

Here's a recent interview with a interesting character: https://breakermag.com/john-mcafee-is-73-very-stoned-and-running-for-president/

He's a fucking lunatic, I like that in a person.

But I wouldn't want him in the white house. But I would vote for him over Trump.

Stoned people are always entertaining.

It doesn't matter if he's stoned or not, he is just like that from everything I have seen and I was in the industry almost as long and have followed his reality show since it started in the early 90's.

I'd love to see him debate the Donald, or the FBI. I really hope he runs for president. Of course he doesn't stand a chance - and he's smart enough to say it aloud and repeatedly, but can you imagine the fun?

The entertainment value would be EPIC. And he would murder trump.

Doesn't Mcafee engage in his outrageousness as a form of attention-whoring narcissism, which makes him very similar to Trump, in some outrageous proclamations as a need to get attention kind of ways. 

On the other hand, Mcafee is certainly quite smarter than Trump in terms of technical abilities and likelihood that Mcafee knows how to read and understand complex ideas, and Mcafee is not afraid of drugs and exercise as trump seems to be.  Trump seems to get by and to have success based on bullying behavior, while Mcafee is more accepting of other points of view and able to understand a variety of perspectives.

[xhomerx10]

Also, MacAfee isn't afraid to (allegedly) order the murder of somebody who's dogs are pissing him off when he's hung-over.

[JayJuanGee]

Segwit and nonsegwit are all "on the blockchain."  I don't know how anyone who has been in bitcoin for a while would conclude that segwit is NOT on the blockchain?  I do believe that segwit has allowed the transactions per second to jump up dramatically and if you hit refresh on that page you will see the transactions per second jumping around between 10tsp and over 300tsp...   It seems that before segwit, there were proclamations that the bitcoin blockchain could only process a maximum of 7tps.

Yeah... about that....

Segwit or no segwit, BTC is utterly incapable of averaging 300 tps. By a couple orders of magnitude. Block weight will not allow it.

People testing the lightning network are seeing 400TPS easily between two nodes.  

Segwit let that happen.

Note the "on the blockchain" in the quote that advances the mistaken notion -- which I corrected -- that ...

Oh fuck it. If you're determined to be a loon, go ahead. Knock yourself out.

But what difference does it make, jbreher, if "on the blockchain" or not, if in the end, there is a certain amount of secure utility that is achieved through a combination of solutions, including lightning network that allows a kind of pegging of bitcoin and voluntary use and relief of the blockchain that allows for greater overall Bitcoin capacity that is still largely permissionlessly secured to the blockchain - even if it happens to include some aspects that might end up being one (lightning network) or more layers out (other future developments that might be built upon lightning network)?   

Segwit might not have been absolutely required for some of these solutions, but it remains the current innovative direction of our current consensus bitcoin and the more that it is built upon the more it becomes built upon and accepted as a core aspect with its own network effects that seem to complement the underlying securing foundation, bitcoin.  Do we need to get caught up on the weeds about whether attempting to completely keep things "on the blockchain" might be a preferable solution when some alt coins, such as bcash are live testing in that direction, and that route has so far been overwhelmingly rejected by the bitcoin community?

[JayJuanGee]

I don't recall seeing anyone post or discuss this 1broker.com seizure issue that happened about two days ago.

https://bitcoinist.com/1broker-com-domain-seized-by-the-fbi/

I don't recall such discussion either.

Then again, I don't get the relevance of J. Rando biz getting raided upon Bitcoin WO or price discussion.

Doesn't it seem relevant to the possible direction of bitcoin when branches of the US government are becoming more experienced in attempting to shut down bitcoin related businesses because of alleged failure to comply with KYC / AML laws and suggesting that American citizens are negatively affected by such practices that allow american's to participate without KYC AML (merely an email and password)?  Seems to have some possible relevance related to bitcoin use cases, bitcoin's ability to escape governmental controls and possibly on bitcoin prices, too?

[JayJuanGee]

Anyway, maybe I'll go batshit crazy and convert all my BTC into BCH to trigger the next bullrun.

Careful -- they'll be out for blood.

Actually, the last few days suggest that now might be a pretty good time to make such a move.

Buy BCH now, infofront!!!!!!  The BCH/BTC price is a bargain, and BCH is currently .081BTC, up 1.77% from yesterday's BCH/BTC price, but certainly poised to go up from here.  Batshit crazy, here infofront comes with a new avatar!!!!

[Hueristic]

Doesn't Mcafee engage in his outrageousness as a form of attention-whoring narcissism, which makes him very similar to Trump, in some outrageous proclamations as a need to get attention kind of ways. 

Yes

On the other hand, Mcafee is certainly quite smarter than Trump in terms of technical abilities and likelihood that Mcafee knows how to read and understand complex ideas, and Mcafee is not afraid of drugs and exercise as trump seems to be.  Trump seems to get by and to have success based on bullying behavior, while Mcafee is more accepting of other points of view and able to understand a variety of perspectives.

Actually they are both very similar with the difference I see as being as you pointed out that Mcafee is more intelligent and certainly more educated and another very important distinction is that McAfee is a self made man where Trump would be flipping burgers if he hadn't been born one step from home plate.

Also, MacAfee isn't afraid to (allegedly) order the murder of somebody who's dogs are pissing him off when he's hung-over.

My best guess is that this is true, I think McAfee has gotten away with murder. I also think if trump ever thought (or putin) that McAfee had a chance of getting the whitehouse from Trump that he would be paying for that crime faster than he could yell "I stole everyone's digital signatures and bundled them to make me famous".

It also appears that he is a Scammer that runs P&D schemes and takes bribes to shill and makes false claims that he does not back up. In other words he has no Honor and his word is worthless.