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2381  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 13, 2019, 09:11:00 PM
OT: https://www.cnbc.com/2019/02/13/equifax-mystery-where-is-the-data.html

Can anyone say 'inside job'? Selling to the Gov't? The Powers that Be are so fucking desperate for more user data right now for their marketing campaigns.



2382  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 13, 2019, 01:12:10 PM
Jim Cramer on Bitcoin in 2014

https://www.youtube.com/watch?v=2kEySHOd4JU

Never forgive. Never forget.
2383  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 06, 2019, 05:05:00 PM
Talk like this from murad is what irks others:

Quote from: murad
11/ Inb4 "the bottom is in".
It's not.
2:43 PM - 3 Feb 2019

He's clearly a coward then, just like Tone Vays and other so-called "Crypto Gurus". Because actually calling a bottom puts one's reputation WAY more on the line than saying "the bottom is NOT in". For the latter, there is no repercussion to one's rep for being wrong because your followers didn't really lose anything for taking your advice.

This is why I despise all these type of guys. They are all snake oil selling phonies who truly have no clue.
2384  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 06, 2019, 04:08:19 PM

If you are writing some pie in the sky long term predictions while pointing to short term annihilation of the asset that already experienced above 80% decline, than you are:

1. SM club subscriber.
2. Too "smart" for your own good.
3. Want to push asset down to load since you don't have ANY of it.
4. You are named Tone or Murad.

What is the correct answer?

If you look at his last 3 ending tweets, personally he doesn't sound like he's just trolling Bitcoin. He actually sounds like a somewhat realistic hodler to me.

That being said, I don't believe Twitter activity about Bitcoin/crypto is a valid metric at all. Hundreds, thousands of Bitcoin sockpuppet shill accounts were created during the run up to influence people buying in. Now they have all gone dormant. It will happen again, 100% sure of that.
2385  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 06, 2019, 03:35:38 PM
It is a study of the cost of electricity in each country to extract 1 BTC.

The date is 2018, surely the antiminer have improved consumption, but it's still interesting to see the cost per country.

https://www.elitefixtures.com/blog/post/2683/bitcoin-mining-costs-by-country/

The Myanmar miners are loving it! Everyone else not so much
2386  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 06, 2019, 03:27:02 PM
Angel Investors, accredited investors with billions of dollars. Average joes get is when the price is ATH LOL

If Average Joe is lucky he might get a 2X or 3X of a high risk Tech stock after 10-15 years. So best case his initial investment of $5K might go to $15K.

Meanwhile the Angel Investor's shares of that same Tech stock worth $500M (that he got with an initial seed funding of $50K) just went to $1.5B.

LOL
2387  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 06, 2019, 03:15:23 PM
Not only is this not going away, but it provides the most asymmetric return on almost any bet that a company can make right now.

And most Average Joes have no idea why that is, because they are completely ignorant to how traditional market IPOs are structured. They never wonder why a Facebook doesn't begin life trading on the NASDAQ at $0.01/share instead of $20/share.

Q: Why does a company like Facebook not do a 10,000X, 1000X or even a 100X this many years after launch? And the early investing public gets to benefit from such a move in the price?

A: Because the 10,000X in Facebook stock already happened pre-IPO. It was stolen away from the Average Joe public by the founders, initial *wealthy* investors, wealthy hedge fund managers and investor banks. These are all people who had nothing to lose and everything to gain because they were already wealthy. They end up with 99.99999999% of the shares before public trading launch. It is the equivalent of a massive pre-mine. What ends up trading on the public market float is a pitiful, minuscule amount compared to the sum total...a drop in the bucket.

THIS is why the wealthy are getting wealthier while the average and poor get poorer. They (Average Joe) are being shut out from being able to invest in early rounds of Tech companies and being able to benefit/profit by owning massive amounts of shares pre-IPO for little investment, like the rich can.

2388  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 06, 2019, 01:47:51 AM
Since when did you 2 guys hate each other?

 I read one wordy post too-many, and something snapped inside me one day.

 Haven't been the same since.

 How weird is it that is avatar wants to legitimately resort to fisticuffs with another avatar, should they ever come face-to-face in meat-space ?

 Dude just really rubbed me the wrong way, over a long series of posts a while back.

 Life is too short, and so on and so forth. I come to this thread for fun banter, and dude is just Buzz Killington to me.

Maybe because he's a complete condescending douchebag with anyone he engages debate with? And literally has tried to pick fights with people that haven't even addressed him directly? And the long-winded reams of total bullshit and meaningless ramblings?

Naw, couldn't be that....
2389  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 04, 2019, 04:52:43 PM
Just created myself a $100 shitcoin fund on binance.

I chose the most shittiest of shitcoins which are down %95+ from their ATH price and some arguably good ones. Let's see how much I am able to rip others off. Unless I see a parabolic rise I won't sell any of these. And If I see all going ballistic, that means the bull has come.


https://www.cryptocompare.com/portfolio-public/?id=432797

Chose 8 coins and put $10 on each. Actually put $10 on 7 of them but then I couldn't find a shittycoin with an incredibly high supply so I put the rest on BTT. Justin Sun's newest scam.

FAQ,

Q: Why haven't I bought shits like ETH, BSV, BCASH, IOTA?
A: Even when I am shopping for shit, I try to buy them cheap. Those shits are still overpriced so I ignored them.

nice idea and let's see what happen. thinking of building the same portfolio like you. Grin

But the problem with those markets is liquidity. Just trying to dump a large amount of those shitcoins into any kind of a pump and you'll crash the market.
2390  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 04, 2019, 04:47:26 PM
Tech is moving incredibly fast.  Our information management skills are currently growing exponentially.

Yet the "value-add" to human life by all that recent Tech is not growing exponentially. By some accounts we are actually regressing as a species with all of this new Tech all around us.

Good luck in the future where everyone has a college degree (fueled by expensive student loan debt that they have to take an entire lifetime paying off), everyone has some sort of Tech "career", but everyone has to live in a Tier 1 city (even in the U.S.) that they can barely afford to live in, with no savings, no house, nor retirement, just to maintain a Tech job.
2391  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 02, 2019, 09:56:49 PM

Not before selling someone bitcoin and then getting scammed. Surprised that he didn't get charged with MSB crime.
https://www.engadget.com/2018/02/28/steve-wozniak-bitcoin-scam-banks-credit-cards/
2392  Economy / Speculation / Re: Mike Novograz: Bitcoin growth still needs to wait a few months on: February 02, 2019, 09:47:06 PM
He hasn't tweeted because that asshole was calling 'bottom' at $9K, then $8K, then $6K. All the while shorting the market.

When Novogratz is calling bottoms, SELL.
2393  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 02, 2019, 09:43:18 PM
Quote
Moon is a browser extension that offers an alternative payment method when shopping online. Pay 'with bitcoin' [and some altcoins] 'directly' (Coinbase account) on Amazon.com.
Soon you’ll be able to shop on any of your favorite e-commerce websites, like eBay, Ali Express and Walmart.com.

https://paywithmoon.com
Demo video: https://twitter.com/i/status/1091163062701309956

It saddens me that had something like this been released 5 years ago, the Bitcoin/crypto community would be going absolutely apeshit over it right now.... but years later, released to a yawn. This is supposed to be the holy grail of Bitcoin merchant support, and nobody cares now.

Also, if this integrates easily with a Coinbase account, why hasn't Coinbase themselves released something like this? Or just fucking buy this company? Un-fucking-believable that they want to spend all their time/resources on supporting the purchase and trading of hundreds of shitcoins instead.  Roll Eyes  Roll Eyes
2394  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 30, 2019, 09:52:23 PM
So remember this well, newbie hodlers:

When in a few years Bitcoin goes parabolic again, the euphoric bubble pops, and then a few months later supposed "Crypto Gurus" like Mike Novogratz and Tom Lee come out of the woodwork being interviewed in the MSM saying that the market has "bottomed".... well...

SELL

BOTTOM NOT IN

(Those idiots were calling bottom at $8K. They wanted you to buy into their short positions. And they'll do it again.)

And when they quietly disappear from MSM?

BUY
2395  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 30, 2019, 03:18:00 PM


He planning on being at the gym until Ragnarok?
2396  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 30, 2019, 03:16:20 PM
Would you guys stop clowning around and just start buying again? Sheesh.

(Must I do everything around here myself?)
2397  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 29, 2019, 02:47:12 PM
OT: https://www.cnn.com/2019/01/28/tech/apple-face-time-bug/index.html

A bug?? Yeah riiiiight. More like a feature for the surveillance state.  Roll Eyes

WAKE. THE. FK. UP. PEOPLE.
2398  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 29, 2019, 02:41:49 PM
maybe a mite brisk

Oof, I hope JimboToronto has lots o' firewood
2399  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 26, 2019, 05:47:43 PM
A legend of the priest who could predict whether a new baby would be a boy or a girl:

There was a priest in an area, which was known for his ability to always predict baby's gender with 100% accuracy.
It was going on for decades and everyone marveled at his abilities.
Eventually, the priest grew old and sick and just before he passed away, a parishioner asked:
"Please tell me a secret: how you were able to do it?"
Come closer, said the priest and I will reveal my secret to you:
"I tell the family that it would be a girl, but in the church book I write that it would be a boy.
Then, if it is a girl, my prediction is correct and if it is a boy, then I tell them that they might have a mistaken memory, then ask them to look at the church records and there it says: "a boy", so they are happy and content."



Moral of the story: The church records are full of bogus gender entries, and priests never lie.  Grin
2400  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 26, 2019, 05:19:21 PM
OT : WTAF??

https://www.businessinsider.com/turkey-abandoned-disney-castles-villas-2019-1

The fallacy of the utopian dream of 'Master Planned Communities' taken to the extreme.
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