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

[Arriemoller]

look what the cat dragged in

It's been a hard slog this. I'm trying to be cool. But holy moly. :'

We are ten times up since this time last year, look at the bright side.
Personally, this is exactly where i thought we would be at the end of 2017. so I'm still happy.

[Rosewater Foundation]

look what the cat dragged in

It's been a hard slog this. I'm trying to be cool. But holy moly. :'

We are ten times up since this time last year, look at the bright side.
Personally, this is exactly where i thought we would be at the end of 2017. so I'm still happy.

I guess I hope I haven't let a monumental, total one-off chance at financial independence slip through my fingers. That isn't to say I have a lot to complain about.

But dammit Bitcoin. You go up now!

[JayJuanGee]

A more humble person would have presented that as an opinion, not a fact.

Writing for example, "in my opinion they will be unbacked goldtethers...just like the current paper gold market...no thanks"

Or "I believe that in reality they will be unbacked goldtethers...just like the current paper gold market...no thanks"

That's bullshit.

jojo gave you a good enough and logical answer that is pretty much a well known fact that includes that there is a lot of gold that is maniplated and difficult to get possession of millions of dollars of it, take the government of germany for example trying to get possession of gold held in the usa. 

You, Arriemoller, are engaged in trivial bullshit and distracting talk and attempting to give assignments to get caught in the weeds with bullshit about a supposed better status(that you assume) if an asset is backed rather than not backed. 

There is no fucking decent backing of any asset that is not manipulated, including gold.  Bitcoin happens to be a paradigm changing phenomenon because it is the first ever asset class that is backed by decentralized and trustless proof of work.  Sure, in the end, the bitcoin project might fail, but currently we have an asset that looks like it has real decent promise, and if any of the less than 1% of the world who currently HODL some bitcoin recognize the paradigm shifting contribution of bitcoin, they are likely to profit from such recognition by HODLing.  Sure there are going to be other folks who profit from HODLing bitcoin as well, even if they do not recognize the enormity of its paradigm shifting contribution as a new asset class.

So good luck with your attempt to find some asset class that is backed by something (such as gold) and is not manipulated to shit in a much more centralized way than bitcoin, which is currently king of decentralized proof of work backing value in practice.

[Arriemoller]

A more humble person would have presented that as an opinion, not a fact.

Writing for example, "in my opinion they will be unbacked goldtethers...just like the current paper gold market...no thanks"

Or "I believe that in reality they will be unbacked goldtethers...just like the current paper gold market...no thanks"

That's bullshit.

jojo gave you a good enough and logical answer that is pretty much a well known fact that includes that there is a lot of gold that is maniplated and difficult to get possession of millions of dollars of it, take the government of germany for example trying to get possession of gold held in the usa. 

You, Arriemoller, are engaged in trivial bullshit and distracting talk and attempting to give assignments to get caught in the weeds with bullshit about a supposed better status(that you assume) if an asset is backed rather than not backed. 

There is no fucking decent backing of any asset that is not manipulated, including gold.  Bitcoin happens to be a paradigm changing phenomenon because it is the first ever asset class that is backed by decentralized and trustless proof of work.  Sure, in the end, the bitcoin project might fail, but currently we have an asset that looks like it has real decent promise, and if any of the less than 1% of the world who currently HODL some bitcoin recognize the paradigm shifting contribution of bitcoin, they are likely to profit from such recognition by HODLing.  Sure there are going to be other folks who profit from HODLing bitcoin as well, even if they do not recognize the enormity of its paradigm shifting contribution as a new asset class.

So good luck with your attempt to find some asset class that is backed by something (such as gold) and is not manipulated to shit in a much more centralized way than bitcoin, which is currently king of decentralized proof of work backing value in practice.

Don't you mean "I, JJG, are engaged in trivial bullshit and distracting talk"?

[Arriemoller]

look what the cat dragged in

It's been a hard slog this. I'm trying to be cool. But holy moly. :'

We are ten times up since this time last year, look at the bright side.
Personally, this is exactly where i thought we would be at the end of 2017. so I'm still happy.

I guess I hope I haven't let a monumental, total one-off chance at financial independence slip through my fingers. That isn't to say I have a lot to complain about.

But dammit Bitcoin. You go up now!

I get that feeling too sometimes, but as long as it stays the course I plotted in my mind I'm usually calm.

[Arriemoller]

I have a mind plot of 80000 at the end of this year, I'm still bullish.
The only thing that concerns me is the plethora of clonecoins that have plopt up lately, they might suck up some of the fiat that might otherwise haver gone to bitcoin. If so we might get a lower  price, but still much higher than the latest ATH in my opinion.

[jojo69]

A more humble person would have presented that as an opinion, not a fact.

Writing for example, "in my opinion they will be unbacked goldtethers...just like the current paper gold market...no thanks"

Or "I believe that in reality they will be unbacked goldtethers...just like the current paper gold market...no thanks"

That's bullshit.

jojo gave you a good enough and logical answer that is pretty much a well known fact that includes that there is a lot of gold that is maniplated and difficult to get possession of millions of dollars of it, take the government of germany for example trying to get possession of gold held in the usa. 

You, Arriemoller, are engaged in trivial bullshit and distracting talk and attempting to give assignments to get caught in the weeds with bullshit about a supposed better status(that you assume) if an asset is backed rather than not backed. 

There is no fucking decent backing of any asset that is not manipulated, including gold.  Bitcoin happens to be a paradigm changing phenomenon because it is the first ever asset class that is backed by decentralized and trustless proof of work.  Sure, in the end, the bitcoin project might fail, but currently we have an asset that looks like it has real decent promise, and if any of the less than 1% of the world who currently HODL some bitcoin recognize the paradigm shifting contribution of bitcoin, they are likely to profit from such recognition by HODLing.  Sure there are going to be other folks who profit from HODLing bitcoin as well, even if they do not recognize the enormity of its paradigm shifting contribution as a new asset class.

So good luck with your attempt to find some asset class that is backed by something (such as gold) and is not manipulated to shit in a much more centralized way than bitcoin, which is currently king of decentralized proof of work backing value in practice.

uhhh...thanks JJG...uh...you can put your shirt back on man

[JayJuanGee]

A more humble person would have presented that as an opinion, not a fact.

Writing for example, "in my opinion they will be unbacked goldtethers...just like the current paper gold market...no thanks"

Or "I believe that in reality they will be unbacked goldtethers...just like the current paper gold market...no thanks"

That's bullshit.

jojo gave you a good enough and logical answer that is pretty much a well known fact that includes that there is a lot of gold that is maniplated and difficult to get possession of millions of dollars of it, take the government of germany for example trying to get possession of gold held in the usa.  

You, Arriemoller, are engaged in trivial bullshit and distracting talk and attempting to give assignments to get caught in the weeds with bullshit about a supposed better status(that you assume) if an asset is backed rather than not backed.  

There is no fucking decent backing of any asset that is not manipulated, including gold.  Bitcoin happens to be a paradigm changing phenomenon because it is the first ever asset class that is backed by decentralized and trustless proof of work.  Sure, in the end, the bitcoin project might fail, but currently we have an asset that looks like it has real decent promise, and if any of the less than 1% of the world who currently HODL some bitcoin recognize the paradigm shifting contribution of bitcoin, they are likely to profit from such recognition by HODLing.  Sure there are going to be other folks who profit from HODLing bitcoin as well, even if they do not recognize the enormity of its paradigm shifting contribution as a new asset class.

So good luck with your attempt to find some asset class that is backed by something (such as gold) and is not manipulated to shit in a much more centralized way than bitcoin, which is currently king of decentralized proof of work backing value in practice.

Don't you mean "I, JJG, are engaged in trivial bullshit and distracting talk"?

Nope.  Did not mean that, and you know, better....     You really want to talk about some kind of backing of an asset (bitcoin or otherwise) or merely get caught up with irrelevant nonsensicals?  hahahhaha

uhhh...thanks JJG...uh...you can put your shirt back on man

O..k..   sorry for getting all butt-naked there.   

[PoolMinor]

Don't you mean "I, JJG, are engaged in trivial bullshit and distracting talk"?

He won't admit it, never has, but yes.

[Arriemoller]

A more humble person would have presented that as an opinion, not a fact.

Writing for example, "in my opinion they will be unbacked goldtethers...just like the current paper gold market...no thanks"

Or "I believe that in reality they will be unbacked goldtethers...just like the current paper gold market...no thanks"

That's bullshit.

jojo gave you a good enough and logical answer that is pretty much a well known fact that includes that there is a lot of gold that is maniplated and difficult to get possession of millions of dollars of it, take the government of germany for example trying to get possession of gold held in the usa.  

You, Arriemoller, are engaged in trivial bullshit and distracting talk and attempting to give assignments to get caught in the weeds with bullshit about a supposed better status(that you assume) if an asset is backed rather than not backed.  

There is no fucking decent backing of any asset that is not manipulated, including gold.  Bitcoin happens to be a paradigm changing phenomenon because it is the first ever asset class that is backed by decentralized and trustless proof of work.  Sure, in the end, the bitcoin project might fail, but currently we have an asset that looks like it has real decent promise, and if any of the less than 1% of the world who currently HODL some bitcoin recognize the paradigm shifting contribution of bitcoin, they are likely to profit from such recognition by HODLing.  Sure there are going to be other folks who profit from HODLing bitcoin as well, even if they do not recognize the enormity of its paradigm shifting contribution as a new asset class.

So good luck with your attempt to find some asset class that is backed by something (such as gold) and is not manipulated to shit in a much more centralized way than bitcoin, which is currently king of decentralized proof of work backing value in practice.

Don't you mean "I, JJG, are engaged in trivial bullshit and distracting talk"?

Nope.  Did not mean that, and you know, better....     You really want to talk about some kind of backing of an asset (bitcoin or otherwise) or merely get caught up with irrelevant nonsensicals?  hahahhaha

Neither, just would like people that I normally consider intelligent and sharp to differentiate between opinions and facts, we are not teenagers on facebook, (well, I'm not entirely sure about you).

[JayJuanGee]

A more humble person would have presented that as an opinion, not a fact.

Writing for example, "in my opinion they will be unbacked goldtethers...just like the current paper gold market...no thanks"

Or "I believe that in reality they will be unbacked goldtethers...just like the current paper gold market...no thanks"

That's bullshit.

jojo gave you a good enough and logical answer that is pretty much a well known fact that includes that there is a lot of gold that is maniplated and difficult to get possession of millions of dollars of it, take the government of germany for example trying to get possession of gold held in the usa.  

You, Arriemoller, are engaged in trivial bullshit and distracting talk and attempting to give assignments to get caught in the weeds with bullshit about a supposed better status(that you assume) if an asset is backed rather than not backed.  

There is no fucking decent backing of any asset that is not manipulated, including gold.  Bitcoin happens to be a paradigm changing phenomenon because it is the first ever asset class that is backed by decentralized and trustless proof of work.  Sure, in the end, the bitcoin project might fail, but currently we have an asset that looks like it has real decent promise, and if any of the less than 1% of the world who currently HODL some bitcoin recognize the paradigm shifting contribution of bitcoin, they are likely to profit from such recognition by HODLing.  Sure there are going to be other folks who profit from HODLing bitcoin as well, even if they do not recognize the enormity of its paradigm shifting contribution as a new asset class.

So good luck with your attempt to find some asset class that is backed by something (such as gold) and is not manipulated to shit in a much more centralized way than bitcoin, which is currently king of decentralized proof of work backing value in practice.

Don't you mean "I, JJG, are engaged in trivial bullshit and distracting talk"?

Nope.  Did not mean that, and you know, better....     You really want to talk about some kind of backing of an asset (bitcoin or otherwise) or merely get caught up with irrelevant nonsensicals?  hahahhaha

Neither, just would like people that I normally consider intelligent and sharp to differentiate between opinions and facts, we are not teenagers om facebook, (well, I'm not entirely sure about you).

What the fuck you talking about?  I thought that you wanted to get into some kind of battle about the supposed superiority of some asset backed phenomenon (such as something like a crypto being backed by gold).  Then you seem to have little to no ability to stay focused?  Grow the fuck up, Arriemoller, instead of attempting to assume whether some one is a teenager or not, or if you have some kind of "we" rock in your pocket. Try to stay on some kind of topic that is meaningful to this thread, if you are able to.  Por favor.

[Lopumbo]

The New York Times: Worries Grow That the Price of Bitcoin Is Being Propped Up

[Enjel]

The New York Times: Worries Grow That the Price of Bitcoin Is Being Propped Up

More fake news.. we just had a 50% drop... the only "fear" of price manipulation is manipulation downwards.

[Arriemoller]

A more humble person would have presented that as an opinion, not a fact.

Writing for example, "in my opinion they will be unbacked goldtethers...just like the current paper gold market...no thanks"

Or "I believe that in reality they will be unbacked goldtethers...just like the current paper gold market...no thanks"

That's bullshit.

jojo gave you a good enough and logical answer that is pretty much a well known fact that includes that there is a lot of gold that is maniplated and difficult to get possession of millions of dollars of it, take the government of germany for example trying to get possession of gold held in the usa.  

You, Arriemoller, are engaged in trivial bullshit and distracting talk and attempting to give assignments to get caught in the weeds with bullshit about a supposed better status(that you assume) if an asset is backed rather than not backed.  

There is no fucking decent backing of any asset that is not manipulated, including gold.  Bitcoin happens to be a paradigm changing phenomenon because it is the first ever asset class that is backed by decentralized and trustless proof of work.  Sure, in the end, the bitcoin project might fail, but currently we have an asset that looks like it has real decent promise, and if any of the less than 1% of the world who currently HODL some bitcoin recognize the paradigm shifting contribution of bitcoin, they are likely to profit from such recognition by HODLing.  Sure there are going to be other folks who profit from HODLing bitcoin as well, even if they do not recognize the enormity of its paradigm shifting contribution as a new asset class.

So good luck with your attempt to find some asset class that is backed by something (such as gold) and is not manipulated to shit in a much more centralized way than bitcoin, which is currently king of decentralized proof of work backing value in practice.

Don't you mean "I, JJG, are engaged in trivial bullshit and distracting talk"?

Nope.  Did not mean that, and you know, better....     You really want to talk about some kind of backing of an asset (bitcoin or otherwise) or merely get caught up with irrelevant nonsensicals?  hahahhaha

Neither, just would like people that I normally consider intelligent and sharp to differentiate between opinions and facts, we are not teenagers om facebook, (well, I'm not entirely sure about you).

What the fuck you talking about?  I thought that you wanted to get into some kind of battle about the supposed superiority of some asset backed phenomenon (such as something like a crypto being backed by gold).  Then you seem to have little to no ability to stay focused?  Grow the fuck up, Arriemoller, instead of attempting to assume whether some one is a teenager or not, or if you have some kind of "we" rock in your pocket. Try to stay on some kind of topic that is meaningful to this thread, if you are able to.  Por favor.

You seem to be a little unfocused yourself. Go back and read the hole argument and you will find that it was not about the gold backing per se but about the stating of an opinion as a fact.
What the fuck is a "we rock in your pocket"?

And in any case, you were not a part of that argument, so but out!

[realr0ach]

Damn it, I´m starting to like Russo after I dismissed him initially as a conspiracy theorist.

You only need to watch this 1 minute 15 second clip.  It's from 2005 or earlier before bitcoin was released.  What he describes as the banker's plan is to put everyone into the equivalent of a digital federated chain and anyone who goes against the banks, they can just turn off your transactions and your money is essentially confiscated/gone and you no longer exist:

https://youtu.be/xdwbO84BMWY?t=286

Such a system is exactly what bitcoin evolves into.  The transactions are not blinded (fungible) and transaction validators are designed to centralize, making it a permissioned ledger where the G20 govt can easily take over those transaction validators and legislate each transaction must be AML/KYC compliant (chain anchor).  From there it turns into the banker occupied govt randomly labeling all of their perceived enemies (anyone who refuses to be slaves) as "terrorists" and turning off your funds, so you either worship the Marxists who took over the state or die of starvation.

THIS is why numerous people describe PHYSICAL MONEY that can't be turned off by the state as a basic human right and safeguard to any form of democracy as I mentioned here:

http://steemit.com/bitcoin/@r0achtheunsavory/the-r0ach-report-38-anyone-who-supports-digital-currency-over-silver-and-gold-is-the-enemy-of-humanity

[PoolMinor]

You seem to be a little unfocused yourself. Go back and read the whole argument and you will find that it was not about the gold backing per se but about the stating of an opinion as a fact.
What the fuck is a "we rock in your pocket"?

And in any case, you were not a part of that argument, so but out!

But, but,.....but, he has a superiority complex now that he is a Merit source. Only his opinions are valid.  

More bullshit posting for his mindless accusations and ad hominem attacks at your worthwhile arguments.

[realr0ach]

But, but,.....but, he has a superiority complex now that he is a Merit source. Only his opinions are valid.  

Which is why the merit system is stupid.  The people who receive the most merit will be pump and dumpers spamming irrational, infinitely increasing charts claiming the price of bitcoin is going higher than M3 money supply at like $1 trillion purchasing power per coin.

[Arriemoller]

You seem to be a little unfocused yourself. Go back and read the whole argument and you will find that it was not about the gold backing per se but about the stating of an opinion as a fact.
What the fuck is a "we rock in your pocket"?

And in any case, you were not a part of that argument, so but out!

But, but,.....but, he has a superiority complex now that he is a Merit source. Only his opinions are valid.  

More bullshit posting for his mindless accusations and ad hominem attacks at your worthwhile arguments.

Merit source or not, he is incredibly close to being my second ignore.

[explorer]

You seem to be a little unfocused yourself. Go back and read the whole argument and you will find that it was not about the gold backing per se but about the stating of an opinion as a fact.
What the fuck is a "we rock in your pocket"?

And in any case, you were not a part of that argument, so but out!

But, but,.....but, he has a superiority complex now that he is a Merit source. Only his opinions are valid.  

More bullshit posting for his mindless accusations and ad hominem attacks at your worthwhile arguments.

Merit source or not, he is incredibly close to being my second ignore.

Your tolerance is astounding.  Mystifying.  If it means you stop quoting him, I vote yes.

[Wekkel]

But, but,.....but, he has a superiority complex now that he is a Merit source. Only his opinions are valid.  

Which is why the merit system is stupid.  The people who receive the most merit will be pump and dumpers spamming irrational, infinitely increasing charts claiming the price of bitcoin is going higher than M3 money supply at like $1 trillion purchasing power per coin.

In that case, I am still waiting for more merit