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

[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 

[TERA2]

Merit is going to be unfairly biased towards bulls, even if the bears are posting fantastic bear charts analysis with accurate predictions and the bulls are spamming about trains and insulting bears.

[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.

In that case, I am still waiting for more merit  

Let's also not forget that if this was the old days, people like "Death&Taxes" and "Rpietela" would have the most merit, and both later went on to scam everyone of money.  So just what exactly what is the merit system supposed to quantify?  I think ultra libertarian views might also inevitably morph into some form of nihilism to make scamming people more attractive an option, which is what a lot of the people pulling the scams are.  In other words, you're probably less likely to get scammed by Nazis than libertarians:



Libertarianism is also a scam in general and doesn't really even exist.  It's just a power vacuum that is then filled by a strongman who exemplifies force is the only real valid consensus mechanism.

[starmman]

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  

Let's also not forget that if this was the old days, people like "Death&Taxes" and "Rpietela" would have the most merit, and both later went on to scam everyone of money o_O.  So just exactly what is the merit system supposed to quantify?.  I think ultra libertarian views might also inevitably morph into some form of nihilism to make scamming people more attractive an option, which is what a lot of the people pulling the scams are.  In other words, you're probably less likely to get scammed by Nazis than libertarians:

Haha, hopefully the merit system will at least stop the spam bots that were plaguing the site a couple of months ago - haven't noticed so many of them lately

[TERA2]

Merit is going to do nothing to prevent spam accounts unless merit throttles their posts somehow - otherwise they dont care about what their merit score is

[realr0ach]

Tera, if bitcoin is not a govt backed scam to try and get people into a cashless society slave system, then why did France pass this law on metals in 2013 but here we are in 2018 and no attempt to stop bitcoin at all?  Instead of trying to stop it, Jew banking shills like Bernanke and Larry Summers promote it.  This is starting to become the most obvious scam I've ever seen. 

France Prohibits Sending Currency, “Coins And Precious Metals” By Mail - 2013

In new legislation which was enacted May 23rd, the French government decreed that it is forbidden to send all forms of currency - coins and cash and all forms of precious metals – coins, bars and jewellery by mail.

The legislation was published on Legifrance, the French government entity responsible for publishing legal texts online and can be seen here.

It was not announced by the government and not covered in the media.  There were no communications and nobody in the government justified or explained this decision.

The legislation says that “the insertion of banknotes, coins and precious metals is prohibited in mailings, including the insured items, registered items and items subject to formalities certifying deposition and distribution. "

Some have suggested that the decree is to limit what is known in France as “the anonymous market”, the market in which no taxes are paid and people are free to trade without the supervision of banks and government.

However, euro coins and notes and gold bullion coins and bars attract no tax in France and therefore this is more likely to be an attempt to discourage the ownership of gold bullion and cash outside of the banking system and is a form of capital control.

[explorer]

Merit is going to do nothing to prevent spam accounts unless merit throttles their posts somehow - otherwise they dont care about what their merit score is

How about - no signature allowed below xxx merit.  Fuck 'em right over.

[mymenace]

They preparing the one world currency,

Beware the IMF SDR (Standard Drawing Rights)  crypto version already tested ACC https://www.acchain.org/en/

And their buddies segwit, bcash, bgold, blockstream

https://steemit.com/bitcoin/@adambalm/the-truth-about-who-is-behind-blockstream-and-segwit-as-the-saying-goes-follow-the-money


bastards knew crypto was coming, preparing since 1933  

[TERA2]

Tera, if bitcoin is not a govt backed scam to try and get people into a cashless society slave system, then why did France pass this law on metals in 2013 but here we are in 2018 and no attempt to stop bitcoin at all?

France Prohibits Sending Currency, “Coins And Precious Metals” By Mail - 2013

In new legislation which was enacted May 23rd, the French government decreed that it is forbidden to send all forms of currency - coins and cash and all forms of precious metals – coins, bars and jewellery by mail.

The legislation was published on Legifrance, the French government entity responsible for publishing legal texts online and can be seen here.

It was not announced by the government and not covered in the media.  There were no communications and nobody in the government justified or explained this decision.

The legislation says that “the insertion of banknotes, coins and precious metals is prohibited in mailings, including the insured items, registered items and items subject to formalities certifying deposition and distribution. "

Some have suggested that the decree is to limit what is known in France as “the anonymous market”, the market in which no taxes are paid and people are free to trade without the supervision of banks and government.

However, euro coins and notes and gold bullion coins and bars attract no tax in France and therefore this is more likely to be an attempt to discourage the ownership of gold bullion and cash outside of the banking system and is a form of capital control.

Nothing about bitcoin would help this government objective. If the government wanted to do that, they would just require the use of bank accounts and start collecting all cash in circulation. Bitcoin is a poor choice as it takes control away from them - it also just sucks for consumers in general (transaction time and fees) and requires an electronic device and internet that most people dont have and cant afford.

[realr0ach]

They preparing the one world currency, bastards knew crypto was coming

There's no need for them to attempt to confiscate metals this time.  They have already done so by artificially rigging the commodity markets down to cost of production while JPMorgan - acting as an agent of the US govt - cornered the entire silver market with something like 700 million ounces.  The confiscation has ALREADY occurred.  When the debt bubble implodes and the dollar goes with it, they will re-back a new currency with silver because the US legal system says a dollar is supposed to be 371 grains of silver anyway, and Ft Knox is empty of gold, so no other option.

[mymenace]

They preparing the one world currency, bastards knew crypto was coming

There's no need for them to attempt to confiscate metals this time.  They have already done so by artificially rigging the commodity markets down to cost of production while JPMorgan - acting as an agent of the US govt - cornered the entire silver market with something like 700 million ounces.  The confiscation has ALREADY occurred.  When the debt bubble implodes and the dollar goes with it, they will re-back a new currency with silver because the US legal system says a dollar is supposed to be 371 grains of silver anyway, and Ft Knox is empty of gold, so no other option.

Furthermore the new brics gold standard with Russia and China is meant to be backed by real gold/silver reserves.

A lot of hope it will expose the western worlds ETF and paper gold/silver markets

There is conspiracies the silver and gold in US reserves is of poor quality to look large, conspiracy only

[realr0ach]

Nothing about bitcoin would help this government objective. If the government wanted to do that, they would just require the use of bank accounts and start collecting all cash in circulation. Bitcoin is a poor choice as it takes control away from them - it also just sucks for consumers in general (transaction time and fees) and requires an electronic device and internet that most people dont have and cant afford.

Bullshit.  Bitcoin is not money, it's a system of control.  That's exactly what bankers want.  How many times do I have to repeat myself?

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

[podyx]

https://www.flippening.watch/

ETH slowly but surely seems to be overtaking BTC, will that money flow back into BTC?

[PoolMinor]

https://www.flippening.watch/

ETH slowly but surely seems to be overtaking BTC, will that money flow back into BTC?

ETH and XRP are both centralized, not important to worry about what the market cap is on those.

Edit: BCH on the other hand might be worth watching and at least hedging against a "flippening". If/when BTC takes it's next drop to $7500 I would wager that it(BCH) finds some traction.

[realr0ach]

https://www.flippening.watch/

ETH slowly but surely seems to be overtaking BTC, will that money flow back into BTC?

Eth is only rising because Goldman Sachs and the rest of the bankers bought most of the premine.  They own tons of BTC and everything else too, but percentage wise, they have the biggest monopoly on that scamcoin of all the 1400 scamcoins (including BTC).  They probably own just as much Ripple too, but they're unsure they can get anyone to use that scam and are more confident they can trick people into using Eth. 

[Enjel]

https://www.flippening.watch/

ETH slowly but surely seems to be overtaking BTC, will that money flow back into BTC?

ETH and XRP are both centralized, not important to worry about what the market cap is on those.

Edit: BCH on the other hand might be worth watching and at least hedging against a "flippening". If/when BTC takes it's next drop to $7500 I would wager that it(BCH) finds some traction.

Agree with the first statement. The second...? BCH is done for. When Bitcoin drops, BCH drops even harder, as we've seen.

Lightning network may centralize Bitcoin, but Bitcoin Cash is already beyond saving from that perspective.

The pitch to new investors (where price appreciation to 25k is going to come from) that Bitcoin Cash is the "real" Bitcoin (the only possible reason why people would choose BCH over other centralized currencies with lightning fast speeds) makes no sense to anyone who hasn't been in this thing for at least a few years.

And I'm pretty sure that most old-timers believe in core, not cash.

[realr0ach]

The pitch to new investors (where price appreciation to 25k is going to come from)

It's not too late to tell your parents to buy physical silver instead.