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521  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 20, 2019, 05:20:00 PM
Hot girl all over Tone Vays: https://twitter.com/i/status/1161811474584657920

Makes me physically ill TBH.
522  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 20, 2019, 05:17:48 PM
1 Bitcoin is still worth more than 1 sex. We can reach sex climax but we still didn't reach bitcoin's climax.

Here’s a question for you guys.

(In an alternate life you get a decision)

You can have 10,000BTC now but you have to sign a contract to never have sex again. Oral sex is allowed though.

Sign it or not?

Oral sex is sex, isn't it? So I guess you mean just no fucking.

Ok.

I would try to negotiate a better deal.

How about 5000BTC for not oral sex ever again... but I can fuck. I think I could sign that. Deal?

P.S.:I am assuming BTC is worth the same in that "alternate life".

I think I'd take that deal.
523  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 20, 2019, 03:34:35 AM
Nope. Looks like you are serious.  Have fun with that stuff.  Keep an eye out for the lizard people.  

LOL, out of sMerit, otherwise I'd give you all of 'em.

Snopes may not always be correct but I'd trust them far more than infowars. Also, the person who was objecting to the snopes link can always go there and verify *their* sources. The infowars type of places never seem to have verifiable sources, for obvious reasons.

I find this graphic to be useful as a gut check when reading online...


Source: https://www.adfontesmedia.com/


Nice graph. Saved it.
Looking at CNN and FOX NEWS and it seems to be spot on 👍🏻

Here’s the thing.  

I am an avowed leftie and I have never heard of any of the organizations on the hard left of the spectrum, other than Daily KOS.  And I can’t remember having recently read anything on Daily KOS.    

But the hard right organizations like Fox News are everywhere.   

Right- that's how you can tell that chart is B.S. Several members of the "hyper-partisan right" column just so happen to be the handful of right-leaning mainstream/semi-mainstream news organizations. All the members of the "hyper-partisan left" column are a bunch of fringe sites. Meanwhile, the left-leaning mainstream news sites are portrayed as "neutral".
524  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 19, 2019, 05:53:01 AM
There's a 50/50 chance r0ach is Jamie Dimon
525  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 18, 2019, 04:59:07 PM
I'll just say that I already have a variety of corn, but not of cornholes.
526  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 18, 2019, 12:01:53 AM


New poll courtesy of Hairy.
527  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 17, 2019, 11:59:17 PM
I don't know when, but I'm 99% certain there will be a grand worldwide monetary reset within my lifetime. Perhaps as early as next week.

Oh gosh... That seems to be a high level of certainty that you are placing on something that I attribute, approximately 1% odds.

Maybe that is part of the explanation for our differing views?

Perhaps, but likely only in respect to closely-related topics.

Q: Do you believe the insiders (e.g., Paulson, Geithner, Bernanke, et al) who stated back in 2008 the world was close to a complete and total financial meltdown?

Q: What changes enacted since then to stave off the possibility of further such events have actually made progress towards that objective?

In short, there is no particular reason to think the next financial crisis will tip over the apple cart.

Most likely, yes, but I am troubled by a fact that Albert Edwards keeps being proven right (in the long run).
He long predicted that Japanese experience in 1989-2009 will repeat itself, first in EU, then US and it started to happen with negative yields, no growth, etc.
He predicts US 10 year notes eventually close to -1%. Imagine that.
https://www.advisorperspectives.com/articles/2019/01/21/albert-edwards-on-the-problems-facing-the-us-italy-and-china
Quote
His key prediction was that over the next 12- to 18-month period, U.S. bonds yields will decline and converge with those in Germany and Switzerland. Those yields will end up in negative territory, according to Edwards.

Well, we had driven 30 year down from 3.5 to 2% in a space of just 10 months (almost a 43% decline). More to come, most likely.

We don't know how this would affect bitcoin. Probably a mixed basket.

TL;DR If A. Edwards is right (and he certainly was on bonds) and we are going down 75-80% in equities in the next recession, I wouldn't be so sure about the apple cart


Every man and his dog have now successfully predicted a recession over the 18 months.  

This to me is proof a recession will not happen in that time frame.  

From the linked article:

Quote
The economist Brad de Long has noted that three of last four recessions were from unforeseen shocks in financial markets (the collapse of the dot-com bubble, the real estate bubble and the S&L crisis).

The current bond inversion is sufficiently foreseen that this recession will be avoided.

It depends what country you're talking about. A recession anytime soon is off the table for the US, but the rest of the world is in trouble.
528  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: August 17, 2019, 05:29:34 AM
I don't think the pain is over yet. This [Bitcoin dominance] chart has a decent likelihood of being accurate:


https://twitter.com/alistairmilne/status/1148861136512671744
529  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 17, 2019, 02:59:25 AM
You seem to be describing Armageddon-like scenarios in which gold might prosper in such a way that is appreciating 10x or more from current value, ... unlikely scenarios, but we might chose to make 1% to 10% of our investment choices based on such scenarios, especially if we assign them a high probability (such as 10%, which seems a bit high to me, but might seem reasonable to some of the Armageddon nutjobs out there)

Q: Given an unending supply of inflationary medium, how long can a balloon keep expanding?

A: Exactly until the internal inflationary forces overcome structural integrity, causing balloon to burst.

- jbreher, proud monetary armageddonist nutjob since long before the turn of the millennia


Noted:  Jbreher admits to being one of the armagaeddon nutjobs.  Hopefully, you, jbreher, are not staking too much of actual value (more  than 10% - or even up to 20% in really seemingly stupid-ass crazy dedication)  on such an unlikely scenario.
I don't know when, but I'm 99% certain there will be a grand worldwide monetary reset within my lifetime. Perhaps as early as next week.
I might subscribe to this, but the question is what form it would take.
Imagine for a moment that ALL bonds in developed countries (or at least up to 30 year) are with negative yield (like in Germany right now).
What would it mean?
To me, it would almost certainly mean that you would be charged for deposits. In a big picture this would look like system malfunction.
El-Erian recently said that fin system is not set up to operate with negative yields. Think of insurance and pension funds, for example.
In this situation, who would have deposits larger than a month or two of expenses?
Reset where and how would reset affect those negative rates?

I don't think that the CBs/IMF/etal have WarRoomed the possibilities sufficiently in order to be ready when the offal hits the oscillator. Accordingly, they will likely react in panic. Which would indicate the reset could go in any direction.

That said...

r0ach certainly spews a lot of shit. However, I can agree with him on one point. I think the most likely reset (should it occur within the near or mid term) would be a return to gold as the ultimate basis of world monetary system. I suppose there might be an interim step of 'backed by SDR', but I don't expect that particular sleight of hand to last more than a decade itself.

I do see scenarios where Bitcoin (be it BTC, BSV, or BCH) becomes the reserve currency, but given current state and rate of current trends, less likely. At least in the short term.

As far as interest rates? Repudiated debt does not carry interest.

I don't see the rebasing of the monetary system happening any time soon. Governments never give up power willingly, and the power to print money is the single greatest power they hold.
530  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 16, 2019, 07:29:47 PM
Where is your sidekick ibian? He is not around for a while is he? I don't remember seeing him lately.

He always disappears during "sailing season".
531  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 16, 2019, 06:49:16 PM
Guys, I've decided to give my alter ego, r0ach, a vacation. I'll be posting with this account for a while.
532  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 15, 2019, 08:10:00 PM


I really had no clue this shit had gotten so bad, i was under the impression china had a hands off policy on HK. Apparently thats bullshit and after alot of googling and watching youtube vids I still have no clue whats going on there. I thought HK was the Golden Goose, is china trying to kill it?


Seriously if anyone can explain wtf is going on or link something that doesn't take a day of research to wade through that will sum up what the deal is, post it please.

Hong Kong Activist Leader Calls For A Run On Chinese Banks Tomorrow

The shit is hitting the fucking fan. That's what happening in HK.

Tomorrow will be a good day.


Here is a good article explaining the protests:

 https://www.theguardian.com/world/2019/aug/13/what-do-the-hong-kong-protesters-want

I remember the fall of the Soviet Union.  

It is possible that Hong Kong will be the spark that tips over the Chinese Communist Party. Especially if the protests spread to Taiwan and Macau.  


If the communist party in China falls and we see the ultimate and final "China Unbans Bitcoin" we will soar to 100k in a matter of months Cheesy

I was too young to know what was going on in Tiananmen Square when it happened and I think the media brainwashed me as a child to just remember some guy standing on a tank. I was reading up on it the other day and holy shit, I didnt know the commies killed 2500 to 10k protestors  Angry

Fuck these cunts, I hope the CIA sends lots of weapons and advisors to Hong Kong. Im usually with my future ex wife Tulsi Gabbard on avoiding regime change but not when its an antibitcoin regime, then I go full hypocrite Cheesy


https://www.youtube.com/watch?time_continue=636&v=-6Wu0Q7x5D0 here is a cool 19 minute video of the history of the world. They need to add Bitcoin to the timeline, but other than that its pretty good.

I was friends with a Chinese law school classmate about 10 years ago. I remember a conversation we had about Tienanmen Square. I mentioned something about the "Tienanmen Square Massacre". He looked really confused, and said, "What about Tienanmen Square?"
Me: You know, when the Chinese army crushed the protestors in '89
Him: *Really confused look*
Me: *Pulls up wikipedia page*
Him: *Skims through it quickly* This never happened.
Me: Sure it did. There are lots of photos, video, eyewitnesses
Him: Sounds like western propaganda *Starts getting angry*
Me: *Pulls up some documentary video on youtube*
Him: *Watches 3 minutes* THIS NEVER HAPPENED! *Walks away*
533  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 14, 2019, 04:20:36 AM
534  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 03, 2019, 05:50:35 PM
535  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: August 01, 2019, 05:11:29 PM
One thing I've been noticing is that the distance between XMR and DASH has been increasing, in terms of market cap.
XMR has been holding steady at #13. DASH is #17 and fading. We've almost passed TRON too. Maybe the great culling is in progress.
www.coingecko.com
536  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 30, 2019, 09:05:45 PM
Old Poll Results:


Meet the new poll - same as the old poll.
537  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 30, 2019, 03:03:30 AM
kinda droopy looking...

That's what she said
538  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 23, 2019, 07:06:34 PM


I could sit here and watch this for some time

I like ice cream

Wife material
539  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 23, 2019, 07:03:55 PM
^^^

Infofront, do you really want this kind of stuff in your thread?

Even though our troll is an anti-bitcoiner, it still makes bitcoiners look bad.
His posts rarely have anything to do with bitcoin anyway. I don't understand what he's doing here besides getting a kick out of pissing people off.

I do delete some of his posts, but keep in mind I cannot ban him. Only the real moderators can do that. I'm limited to deleting one post at a time.

Liberal use of ignore button highly recommended.
540  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 22, 2019, 05:29:05 AM
Results:



New poll incoming
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