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

[yefi]

My current surprise level: 0.

[milkshock100]

I’m bored

[TERA2]

This doesn't look like the crash because of small the new lows are.

[BTCMILLIONAIRE]

What have I missed ? Are we rich yet ?

By what standard?

[vroom]

20k confirmed

[BTCMILLIONAIRE]

20k confirmed

I think you're a couple hours late.

[milkshock100]

20k confirmed

Is that by tomorrow I’ve got a Lambo down payment to make

[vroom]

20k confirmed

I think you're a couple hours late.

got stuck in mempool

[jojo69]

so we broke down through the parabolic-est trend...I guess for the moment we will have to settle for parabolic-er-er-er growth

[lightfoot]

Indeed guess ill sell some ltc this month to pay bills. Drat.

[d_eddie]

Bears having a fast picnic, just before the storm comes in and they went fully rekted. I think it is better a correction now rather than tomorrow. Wall street won't like to start shorting with all these red candles taking their positions the day before they wanted to.

I'm not really sure Wall Street wants to start naked (or scantily clad) shorting right away. Well, we'll see soon enough.

[fabiorem]

Over 170k unconfirmed transactions right now - Panic sellers?

https://blockchain.info/unconfirmed-transactions

Yes. And CBOE didnt even open yet.

Now I'm thinking here, if the funds are dumping it right now to create panic and open the market for more institutions. So that when CME comes, it will be already dominated by them.

[txtravwill]

CBOE isn't nearly as large as the CME, even if they offer free trading for December.  Next week on 17th/18th is a bigger deal for futures.

[realr0ach]

This is the "Gotta-scare-those-average-joes-away" and "See-I-told-ya-so-its-a-bubble-ponzi-scam" portion of the show.

Bitcoin is a cuckold movement.  It's claimed to be decentralized yet it's entirely controlled by a couple companies like Bitmain and Blockstream - a corporation coin in other words.  There's not many excuses people can make for Bitmain, but people are going to claim Blockstream is "decentralized" or some nonsense, or that it's a "benevolent dictatorship".  I don't really care what you call it, it's still a technocracy and a technocracy is not decentralized.  

If people are going to claim bitcoin requires a round table group to constantly adjust and make changes to it daily, then that already shows it was a scam from the start since it was a dictatorial technocracy by default that would eventually just be absorbed by TPTB that already exist.  So the development/administrative side of bitcoin is designed to completely centralize into monopoly, while the mining side (PoW) is also designed to do the exact same thing. Anyone with any type of macro perspective is flat out lying if they claim it's possible to create a decentralized digital currency.  Their inevitable evolution will always be centrally administered slave instruments.  Gold and silver do not have these problems.

[orpington]

This is the "Gotta-scare-those-average-joes-away" and "See-I-told-ya-so-its-a-bubble-ponzi-scam" portion of the show.

Bitcoin is a cuckold movement.  It's claimed to be decentralized yet it's entirely controlled by a couple companies like Bitmain and Blockstream - a corporation coin in other words.  There's not many excuses people can make for Bitmain, but people are going to claim Blockstream is "decentralized" or some nonsense, or that it's a "benevolent dictatorship".  I don't really care what you call it, it's still a technocracy and a technocracy is not decentralized.  

If people are going to claim bitcoin requires a round table group to constantly adjust and make changes to it daily, then that already shows it was a scam from the start since it was a dictatorial technocracy by default that would eventually just be absorbed by TPTB that already exist.  So the development/administrative side of bitcoin is designed to completely centralize into monopoly, while the mining side (PoW) is also designed to do the exact same thing. Anyone with any type of macro perspective is flat out lying if they claim it's possible to create a decentralized digital currency.  Their inevitable evolution will always be centrally administered slave instruments.  Gold and silver do not have these problems.

But how do the Jews fit into all of this?

[HairyMaclairy]

Was Gemini hacked or is this just scheduled maintenance like their status page claims?

https://status.gemini.com/incidents/k4qvyflfmm24

Timing is a bit awkward given CBOE trading is based only on the Gemini price and starts in just over 24 hours.  

[jojo69]

Was Gemini hacked or is this just scheduled maintenance like their status page claims?

https://status.gemini.com/incidents/k4qvyflfmm24

Timing is a bit awkward given CBOE trading is based only on the Gemini price and starts in just over 24 hours.  

popcorn worthy

[realr0ach]

This is the "Gotta-scare-those-average-joes-away" and "See-I-told-ya-so-its-a-bubble-ponzi-scam" portion of the show.

Bitcoin is a cuckold movement.  It's claimed to be decentralized yet it's entirely controlled by a couple companies like Bitmain and Blockstream - a corporation coin in other words.  There's not many excuses people can make for Bitmain, but people are going to claim Blockstream is "decentralized" or some nonsense, or that it's a "benevolent dictatorship".  I don't really care what you call it, it's still a technocracy and a technocracy is not decentralized.  

If people are going to claim bitcoin requires a round table group to constantly adjust and make changes to it daily, then that already shows it was a scam from the start since it was a dictatorial technocracy by default that would eventually just be absorbed by TPTB that already exist.  So the development/administrative side of bitcoin is designed to completely centralize into monopoly, while the mining side (PoW) is also designed to do the exact same thing. Anyone with any type of macro perspective is flat out lying if they claim it's possible to create a decentralized digital currency.  Their inevitable evolution will always be centrally administered slave instruments.  Gold and silver do not have these problems.

But how do the Jews fit into all of this?

They (people like Larry Summers and Bernanke) promote cryptocurrency to the goyim and tell you that you should buy it instead of gold and silver, duh.  When the govt and jews (same difference in the US) both tell you to stay out of metals and buy cryptocurrency instead, that's about as big of a red flag as you can get.

[Globb0]

Was Gemini hacked or is this just scheduled maintenance like their status page claims?

https://status.gemini.com/incidents/k4qvyflfmm24

Timing is a bit awkward given CBOE trading is based only on the Gemini price and starts in just over 24 hours.  

Maybe they are doing some preparatory changes or installing a link and doing some testing on the new setup.

[orpington]

This is the "Gotta-scare-those-average-joes-away" and "See-I-told-ya-so-its-a-bubble-ponzi-scam" portion of the show.

Bitcoin is a cuckold movement.  It's claimed to be decentralized yet it's entirely controlled by a couple companies like Bitmain and Blockstream - a corporation coin in other words.  There's not many excuses people can make for Bitmain, but people are going to claim Blockstream is "decentralized" or some nonsense, or that it's a "benevolent dictatorship".  I don't really care what you call it, it's still a technocracy and a technocracy is not decentralized.  

If people are going to claim bitcoin requires a round table group to constantly adjust and make changes to it daily, then that already shows it was a scam from the start since it was a dictatorial technocracy by default that would eventually just be absorbed by TPTB that already exist.  So the development/administrative side of bitcoin is designed to completely centralize into monopoly, while the mining side (PoW) is also designed to do the exact same thing. Anyone with any type of macro perspective is flat out lying if they claim it's possible to create a decentralized digital currency.  Their inevitable evolution will always be centrally administered slave instruments.  Gold and silver do not have these problems.

But how do the Jews fit into all of this?

They (people like Larry Summers and Bernanke) promote cryptocurrency to the goyim and tell you that you should buy it instead of gold and silver, duh.  When the govt and jews (same difference in the US) both tell you to stay out of metals and buy cryptocurrency instead, that's about as big of a red flag as you can get.

I love the Jewish conspiracy stuff too. But I try not to fixate too much on it.

But I still think its a good idea to diversify into crypto though PMs are awesome too. Gotta make money to survive at least in the short run.