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921  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 18, 2019, 06:57:50 AM
Draw your own conclusions

https://i.imgur.com/SXSznS8.png

Dumb comparison comparing a full retracement back to 0% fib level in first chart vs a 61.8% retracement in current chart.  You didn't properly measure from the start of the pump and dump in each chart.  Hell, the first chart actually went BELOW the 0% fib level into negative retracement.  Whatever conclusion you're trying to derive, you're doing it wrong.  Unless you're trying to claim the current price is also supposed to do a full retracement back to $4k, but I doubt that's what you're trying to do.  Regardless, your fractal voodoo theory already seems to have broken down.
922  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 18, 2019, 05:37:01 AM
Trump has ordered all brown people back to their shitholes, JayJuanGee.  You are no longer allowed to flood the shitcoin thread with shitcoin ideology.

https://dailystormer.name/trumps-approval-rating-goes-up-2-points-following-demands-non-whites-leave-america/
923  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 18, 2019, 05:14:36 AM


And the rocket's red glare, the ANTIFA bombs bursting in air
Gave proof through the night that our flag was still there
O say does that swastika-spangled banner yet wave
924  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 18, 2019, 04:56:41 AM
I am not trolling. I was accused of by a stupid hodlers when I said that sec will never accept BTC ETF and gov will not adopt BTC.

Of course the govt will never adopt BTC.  The entire purpose of fiat money is to have a cost of production of 12 cents for a $100 bill and for the govt to collect $99.88 seigniorage fee on each one.  Any usage of digital shitcoins by govts would be govt creating it's own digital shitcoin and trying to force you to use it in order to maximize seigniorage fee just like they already do with fiat.

The next debate is more interesting.  While it's known that govts are anti-physical metals because it limits their ability to do wasteful spending, fraud, and theft, it's far more in the interest of govts to use physical metals instead of Bitcoin.  Why?  Because govt has a hard time funding all of their programs from social security to everything else, so they can always nationalize all metals in the ground, mint some coins, then issue the coins at a far higher face value then what it cost them to produce and collect the seigniorage fee to fund programs that way.  They cannot do that with Bitcoin - there are no Bitcoin in the ground to nationalize.

If any citizens wish for things like social security and whatever else funded, it's probably also in their interest for govt to use metals instead of Bitcoin too.
925  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 18, 2019, 04:23:44 AM
What's wrong with Buttunlocker?  Grin  Account hacked or another roach-wannabe?  Grin

Shitunlocker is Jewish cointelpro.  His purpose is to spam the thread with jibberish to try and distract people anytime he sees me talking about Jewish crimes and financial Ponzi schemes.  Can't have the goyim knowing (woops too late).
926  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 17, 2019, 03:08:13 PM
Step 1 of the Jew purge begins:

https://dailystormer.name/kellyanne-conway-asks-a-jewish-reporter-whats-your-ethnicity/
927  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 17, 2019, 03:02:22 PM
JIDF, ADL, AIPAC, JINSA, IDF, & Mossad are banned from this thread Bitunlocker.
928  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 17, 2019, 02:55:50 PM

It's a scammer tard post.  No, the price is not going to $100k while post halving cost of production is $6k because nobody will pay that much for one of your coins if they can just mine one for $6k instead.  And global mining is already enormous with no way to increase by an order of magnitude to prop up the price because it would then use more power than the entire United States.  

For the last Bitcoin pump and dump scam that was engineered by the criminal owners of Bitfinex and their tethers, they sent it to 7x cost of production to $20kish and then it immediately imploded and crashed down to cost of production again.  If the owners of Bitfinex are not arrested and put in prison, it's always possible they could attempt the same scam all over again, but it's damn sure not going to $100k no matter how much Bitfinex and Tether fraud they throw at it.
929  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 17, 2019, 10:22:50 AM
Kikes are now claiming they'll force a digital only, cashless society slavery system by 2025 with microchips in your hand.  Jokes on them.  I'd be surprised if the kikes aren't eradicated from the planet by then.  Talk about counting your chickens before they're hatched.

https://www.zerohedge.com/news/2019-07-15/how-you-will-pay-things-2025
930  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 17, 2019, 10:17:41 AM
I am sharing here an horror story, hopefully can be useful to someone.
The Most Expensive Lesson Of My Life: Details of SIM port hack

Quote
I lost north of $100,000 last Wednesday. It evaporated over a 24-hour time span in a “SIM port attack” that drained my Coinbase account. It has been four days since the incident and I’m gutted. I have zero appetite; my sleep is restless; I am awash in feelings of anxiety, remorse, and embarrassment.
This was the single most expensive lesson of my life and I want to share my experience + lessons learned with as many people as possible. My goal is to increase awareness about these types of attacks and to motivate you to increase the security of your online identity.

The lesson is:

1)  All code is garbage
2)  Digital Rube Goldberg machines based on arbitrary garbage code are not money
3)  Real money requires a hell of a lot more effort to steal since money is required to be a physical commodity
931  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 16, 2019, 06:16:45 AM
The “Noinput Class”: How a Bitcoin Soft Fork Could Simplify Lightning

https://bitcoinmagazine.com/articles/noinput-class-bitcoin-soft-fork-simplify-lightning

LOL.  That doesn't "simplify" jack shit.  It makes LN an even bigger Rube Goldberg machine than it already is by introducing even more variables and transaction types.  I love how he brings up "watchtowers" too.  The mere existence of such an idea is concrete proof the base system itself lay somewhere between fundamentally unworkable and useless, and they're attempting to place a bunch of obscure bandaids on top of it that vastly increase complexity where instead of a monetary unit, it's more like a 1000 page book of legalese.

Bitcoin is a designed to centralize Rube Goldberg machine and LN is EVEN MORE SO.  LN is a replica of the already existing banking system and completely useless.  

Gold and silver are MONEY.  Designed to centralize, non-fungible, permissioned ledger, Rube Goldberg machines are NOT money.
932  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 16, 2019, 04:59:33 AM
I think the "Cryptocurrencies pose a national security issue" should be noted here.

Digital shitcoins are a national security issue, but not for any of the reasons you suggest.  They're a national security issue because they're complex, Rube Goldberg machines that very few people are capable of objectively quantifying. So you have an asymmetric distribution of knowledge on the subject with a handful of people preaching from a mountain top telling dumber people who can't quantify them whether they should buy them or not.  But most of the people pretending to be capable of quantifying them are simply scammers trying to pump and dump shill them for personal gain.

Let's say I'm correct that it's not possible to create a decentralized digital currency and they're all scams because transaction validators are always designed to centralize, and with tokens being non-fungible, makes it a permissioned ledger.  If you have citizens buying billions of dollars of the stuff under the guise that it's "decentralized" but it's really not, only 'distributed', and only having an illusion of value from temporary regulatory arbitrage, then your citizens are creating a massive dotcom bubble scam to help blow up the economy when the pump and dump inevitably unwinds from having zero fundamentals.
933  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 16, 2019, 02:46:35 AM
I am also curious on whether we would peak somewhere between now and 70ies OR go all the way to 90-95% in dominance.

That's a retard variable.  A new digital craptocurrency is created every second and you can prop up a billion dollar market cap coin by having a buy side of....$1.  So it's an illiquid asset, but will still cause Bitcoin "market dominance" to decrease.  Not that Bitcoin is that liquid of an "asset" either.
934  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 16, 2019, 02:08:13 AM
You might give a shit if the Fed rules Bitcoin Core must incorporate compulsory AML.  

Of course it will happen. Whether they were intended to be that way or not in their initial creation, digital shitcoins are designed from the ground up to be a govt surveillance and control grid.  There is no way it won't happen because transaction validators are designed to centralize and the govt can then come in and force whatever regulation they want on those enormous surface attack vector ASIC warehouses.  This is why only complete idiots support designed to centralize digital shitcoins over physical metals.

You can think of Bitcoin as the 3/4th released version of the permissioned ledger, global, digital slavery system and the last 1/4th that hasn't been released yet is simply a chain anchor wrapper that wraps around the current protocol:

https://petertodd.org/2016/mit-chainanchor-bribing-miners-to-regulate-bitcoin

https://bitcoinmagazine.com/articles/the-real-story-behind-the-mit-chainanchor-project-for-bitcoin-1462288281
935  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 15, 2019, 06:28:52 AM
This new AMD 5700 GPU looks interesting.  They have some new supposed "anti-lag" feature.  I think it's just a synonym for 'GPU Hard Sync', which I guess is similar to a flipque of 0 while Nvidia only lets you have a flipque of 1. Nvidia drivers are input laggy as fuck nowadays, so these new AMD cards are probably way better for anyone that actually uses them to play video games.  

For anyone that says it's not possible to have a flipque of 0, Nvidia used to have 0 as a possible selection choice in older drivers and removed it in newer drivers and I definitely noticed a difference between the two.  People say a flipque of 0 is not possible because the GPU has to be constructing the picture in the framebuffer or whatever, but I surmise that framebuffer event might be IN ADDITION to whatever the flipque number is in their render pipeline.
936  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 15, 2019, 05:07:15 AM
JayJuanGee, how do you feel about the coming r0ach world order where Trump bans Bitcoin for being a Ponzi scam and revalues gold to $10,000 and silver to $500?  And where my son Infofront now directly controls Trump's Twitter account:

https://dailystormer.name/trump-tells-brown-communist-democrats-to-leave-america-return-to-their-shitholes/
937  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 15, 2019, 04:47:25 AM
This man has surpassed even Migoossens and JayJuanGee in terms of delusional, digital scamcoiners:

938  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 15, 2019, 04:41:30 AM
good god

nightmare on alt street

I think somebody like Rothschild said the main purpose of the stock market is to suck up all the valueless fiat and have people chasing casino parlor games with the money instead of causing hyperinflation by dumping it all for actual real goods or commodities.  There's a valid comparison in there somewhere between Bitcoin and the other 5 billion craptocurrencies.
939  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 15, 2019, 03:55:10 AM
50-day SMA worked as a reliable support line for months now. Getting pretty close right now. Hopefully it will bounce off soon.

https://i.imgur.com/0ZiEHz5.png

Most TA in general is inherently reverse looking, but moving averages are generally the most dumbed down, useless, most reverse looking of all.  Okay, they can be used to smooth out variance in market swings, but that in no way tells you which direction the market is going to go.  It just assumes that "hey, the price used to be high so it must return there", or "hey, the price used to be low so it must return there".  Using moving averages are pratically like flipping a coin.  

Let's assume the "real" price of Bitcoin is $3k-4k and the scammers that own Bitfinex just rigged it up to $13k in a pump and dump scam.  What do moving averages tell you then?  Short duration moving average tells you buying into the middle of a pump and dump scam and losing money is a great deal because the price dipped below the artificial trendline.  Or you could fall back on a longer duration, even more reverse looking moving average that tells you not to buy because the market is artificially too high, but then maybe the Bitfinex scammers rig it upwards 1000x more putting the charts into a new paradigm and you miss out.  The main purpose of the averages is kind of waiting till they're flatlined to asses some type of 'fair value' for a buy and hold strategy because they aren't reallly telling you jack shit about where the market is going otherwise.
940  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 15, 2019, 03:22:15 AM
I just find stupid using a commodity to store value in an infinite universe, and whose mining until space is quite destructive for the earth, to even worst put it in back under the ground. I find this behavior particularly primitive, and the weight of the stuff, or density value too low to be carried effectively in a shit hit the fan scenario

And there you have it folks.  Paid Jew shill disinformation agent B1tUnl0ck3r is shilling against physical metals and for imaginary, valueless, digital slavery tracking system tokens.  This is about all you need to know for which one you should and shouldn't be involved in.  Anything digital = garbage, fake, valueless, and only exists to serve as a govt tracking system and control grid.  It's not possible to create a decentralized digital currency.  Transaction validators are always designed to centralize and with tokens being non-fungible = permissioned ledger.
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