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

[Neo_Coin]

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[HairyMaclairy]

Re earlier discussion; lefties and their insanity: https://www.youtube.com/watch?v=fNjtpksJD4s

The idea of government transparency is a good one but Assange is just a Russian troll.  

You should fear the Left though.  We are very dangerous. We are here to educate your women, house your homeless and provide free health care to your children. We will also cut government waste, starting with the JSF.

And how are you going to pay for all of that? or are we all meant to do our part and works as one to "educate women, house homeless and provide free health care"?

The left has no concept of reality!.. Constantly living in a bubble of wishful thinking!

JSF is $US 1.1 trillion program. Cutting that would be a start.  

Of course there is nothing so terrifying to a fiscal conservative as cutting corporate welfare.

And i quote...

"It's worth putting that amount in context however; the $1.5 trillion figure is an estimate on the cost to develop the jet ($55B), buy 2457 of them through to 2044 ($320B), and operate them for 8000 flight hours / ~30 years each until the last one is retired in 2070 ($1.1 trillion)"

So that is only $50B a year... or less than $145 per person per year (350M POP)... and you just put a whole bunch of people out of work.... Typically Lefty! No concept of reality!

Where is the rest of the money coming from?

Trust me the $1.5 trillion will blow out.  It’s already blown out about 9 times so far.

We could cut the Zumwalt battle ships that the Navy can’t afford to arm?

https://motherboard.vice.com/en_us/article/ev5e5j/navy-smart-shells-zumwalt-warship

[hisslyness]

Re earlier discussion; lefties and their insanity: https://www.youtube.com/watch?v=fNjtpksJD4s

The idea of government transparency is a good one but Assange is just a Russian troll.  

You should fear the Left though.  We are very dangerous. We are here to educate your women, house your homeless and provide free health care to your children. We will also cut government waste, starting with the JSF.

And how are you going to pay for all of that? or are we all meant to do our part and works as one to "educate women, house homeless and provide free health care"?

The left has no concept of reality!.. Constantly living in a bubble of wishful thinking!

JSF is $US 1.1 trillion program. Cutting that would be a start.  

Of course there is nothing so terrifying to a fiscal conservative as cutting corporate welfare.

And i quote...

"It's worth putting that amount in context however; the $1.5 trillion figure is an estimate on the cost to develop the jet ($55B), buy 2457 of them through to 2044 ($320B), and operate them for 8000 flight hours / ~30 years each until the last one is retired in 2070 ($1.1 trillion)"

So that is only $50B a year... or less than $145 per person per year (350M POP)... and you just put a whole bunch of people out of work.... Typically Lefty! No concept of reality!

Where is the rest of the money coming from?

Trust me the $1.5 trillion will blow out.  It’s already blown out about 9 times so far.

We could cut the Zumwalt battle ships that the Navy can’t afford to arm?

https://motherboard.vice.com/en_us/article/ev5e5j/navy-smart-shells-zumwalt-warship

Great idea!.. In fact lets cut the entire US Defense Budget!... Let China roll on in and create a remote communist outpost... Typically Lefty! No concept of reality!

[Last of the V8s]

exclusive picture from deep inside the pantz mines of Wichita
here we see innocent gpus being hurriedly stapled together to premine the 39% of all pantz allocated to the Trouser Collection Foundation

[Neo_Coin]

[TERA2]

Can you imagine if btc reaches $1,000,000 and it still crashes to $200,000 and rebounds to $700,000 etc

TERA, what is your opinion on this market? IIRC, *(1)* you are bearish, and believe we are heading back down to $3000-ish levels, is that correct?

Your past analysis has been quite accurate, and you have as much experience in this market as anyone else, in addition to your experience in traditional markets. (I am not a new member of this forum - my account is locked)

*(2)* You also did claim a rise to 13k, which has not materialized, and although many bears are clamoring for a price drop right now, you seem to think you still have a few weeks time before things start getting bad. Could you give a general overview of your prediction of the price in the next month?


As for the price volatility at that level - of course it's possible. Just multiply the USD supply by 10 or 50. That's probably going to happen at some point. Maybe in the not-so-far future.

So far a rise to about 12K has materialized which is pretty close and there could still be another leg up. Afterwards, a slow grind like 2011, 2014. 3K would be a good final bottom for the bear market if things were to remain bullish for another ATH at the next halvening. I'm not at all sure about the long game though.

[Last of the V8s]

Someone, ehhem, seriously doesn't seem to like the idea of $10K+ bitcoin.

Well there is that.

There's also ungodly sums flowing in to the Telegram ICO, which might have a little bearing on these whale selloffs. 2nd round now iirc.

[Neo_Coin]

[mike4001]

price looks quite fucked now

I think we can get used to this.

I suspect that all the rise above 10k was due to the mass media promoting the reach near and above 10k heavily at this time, so lots of new money was flowing in.

This was a 1-time scenario.

I am not saying that Bitcoin will never rise again, but don't promote something like 25k/50k by the end of the year. There is just no base for that. We can be glad if we say above 10k and in the 10k-12k corridor.

[Rosewater Foundation]

price looks quite fucked now

I think we can get used to this.

I suspect that all the rise above 10k was due to the mass media promoting the reach near and above 10k heavily at this time, so lots of new money was flowing in.

This was a 1-time scenario.

I am not saying that Bitcoin will never rise again, but don't promote something like 25k/50k by the end of the year. There is just no base for that. We can be glad if we say above 10k and in the 10k-12k corridor.

I think I discovered the secret to trading Bitcoin last night. Pessimism.

[Last of the V8s]

You can argue all you like about the actual figures here as they were estimated. But they are roughly right imnvho.

[TERA2]

Its different in bitcoin because its in a constant bull market.

[Rosewater Foundation]

You can argue all you like about the actual figures here as they were estimated. But they are roughly right imnvho.

I don't plan on making a habit of it.

[HairyMaclairy]

Its different in bitcoin because its in a constant bull market.

And here I was about to celebrate being in the 7%.  

To be fair I didn’t trade for two of those years so I don’t think it counts.

[Last of the V8s]

You can argue all you like about the actual figures here as they were estimated. But they are roughly right imnvho.

I don't plan on making a habit of it.

not riding you here lol. twas an unfortunate coincidence.

[Rosewater Foundation]

You can argue all you like about the actual figures here as they were estimated. But they are roughly right imnvho.

I don't plan on making a habit of it.

not riding you here lol. twas an unfortunate coincidence.

omg stop riding me lol

[JayJuanGee]

USD is the ultimate shitcoin

enormous premine, high inflation rate, unlimited supply

this thread is no place to discuss such a currency

Get real.. it is the subject matter and the trading pair of this thread.

We are not getting rid of the USD any time soon... and even though we know that it is inevitably going to decrease in value, it is what a lot of folks (including why this thread is world famous) are interested in the USD/BTC trading pair

[Last of the V8s]

[Rosewater Foundation]

Adversity makes men, prosperity makes monsters.
-Chuck Tingle

[Spaceman_Spiff_Original]

While this looks prettier, I wouldn't use an evolutionary tree here, because you want to show that bitcoin is better, so all forms of money should be on 1 branch with bitcoin being the end point.
Evolutionary trees, and evolution in general are often misunderstood.  People often think that humans are the "pinnacle of evolution" and all the other branches are more primitive evolution-wise, while that is just not the case.