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

[RayX12]

I bought a Lamborghini LP560-4 Spyder with my bitcoin profits.  I also stabilized my gains by selling near the top and buying just over 400oz of gold and nearly 1600oz silver.

Can you trade back and forth Lambos and phyzz? Looks like dead money.  PM is a good insurance but that's all (provided that you have a safe safe).

He might have been better off selling his BTC for shitty Tether..  ha ha 

Funny dick swinging contest.   

[bones261]

New poll is a failed facetious attempt at discrediting BCH's ability to usurp BTC's reign.

Don't even see how hardcore Blockstream / Core supporters could find any humor in it. Unless it wasn't intended to be a joke? But then that wouldn't make sense as OP would be banned by now and poll delisted..

So I rest my case..

Just like the protestants fractured into a practically innumerable number of sects, after the "reformation;" so will the Bitcoin Cash community keep fracturing. There is already much dissension brewing. Peter Rizun can't stand Craig Wright and vise versa. Furthermore, Craig Wright has been attacking Emin Gun Sirer's selfish miner attack theory with full gusto.

[Gyrsur]

My dick is bigger than yours as well... ha ha ha

Yes it is and its gold plated

LOL - the reason for HODLING is not to pay taxes to corrupt governments.

[STT]

For the gold bugs:

....

Biased nonsense.

Proof is in the price:

The point here is the price of gold is not supposed to be especially volatile.   Its not seen as a positive for price stability if a price changes considerably in a short amount of time, this is true of a positive price rise as well as negative falls in a price.

Of course we know in a developed market many parties are glad of a lower price.   With the gold the point is value held over hundreds to thousands of years, obviously not in dollar terms.  In dollars the price changes massively, however the easy conclusion is that dollars are worth far less in 2018 then 1918 hence the change is the dollar not the gold itself.     Its an ongoing indication that dollar is flawed in any saved value capacity.

Theres no great criticism of gold in what you have posted.    I'm sure it has negatives, its only a heavy piece of metal however it has held its value for longer then any other asset.   Bitcoin should be closer to a growth asset, I dont think it'll ever be as stable.
 I do hope bitcoin will develop further and become more usable, more integrated and so more highly valued in real terms regardless of what dollar is doing.  Gold we can be sure will do nothing, its an ironic positive in defining a steady fixed value.  Make sure to hold a little bit of gold, its arrogant to assume every other generation was wrong on this

[arklan]

holy crap... i swear i'm not dead! just... was... hibernating... 600 pages since i last read this thread. bloody hell guys.

so, besides swings and drops and the various baloney i see inthe news, everything's the same, right? fundamentally, i mean. no actual changes to block sie or anything like that? lightning network up and running yet? any problems there?

[jojo69]

Funny dick swinging contest.   

[Wekkel]

Ha ha, seeing that Lambo makes be bullish again 

[DonQuijote]

My dick is bigger than yours as well... ha ha ha

Yes it is and its gold plated

LOL - the reason for HODLING is not to pay taxes to corrupt governments.

but if you trade and earn more than % tax ?

[Gyrsur]

My dick is bigger than yours as well... ha ha ha

Yes it is and its gold plated

LOL - the reason for HODLING is not to pay taxes to corrupt governments.

but if you trade and earn more than % tax ?

if you're one of the 15 (10? 5? 1?) percent of traders which are profitable - congratulations!

[bones261]

Ha ha, seeing that Lambo makes be bullish again 

How about a nice Corvair instead. 

[Karartma1]

holy crap... i swear i'm not dead! just... was... hibernating... 600 pages since i last read this thread. bloody hell guys.

so, besides swings and drops and the various baloney i see inthe news, everything's the same, right? fundamentally, i mean. no actual changes to block sie or anything like that? lightning network up and running yet? any problems there?

Welcome back. You know how the Wall Observer behaves, it's a monster which lives its own life. Let it live
Yes, maybe you lost the following interesting advancements
https://blockstream.com/2018/03/29/blockstreams-week-of-lapps-ends.html
and if you want an idea of what is happening go here
https://medium.com/@super.crypto1/4th-dimension-bitcoin-manipulation-cartel-can-it-be-burnt-no-way-c53de65c166a

[Biodom]

if you're one of the 15 (10? 5? 1?) percent of traders which are profitable - congratulations!

yep, the more you trade, the less likely is that you would be profitable.
that is, if you are human and not an algo.

re gold: maybe not a bad idea, but how would I know that it is real gold and not fake with all these cases of high quality fake gold spreading lately. Bitcoin cannot be fake.

Re lambo- nice ride, congrats.

[DonQuijote]

My dick is bigger than yours as well... ha ha ha

Yes it is and its gold plated

LOL - the reason for HODLING is not to pay taxes to corrupt governments.

but if you trade and earn more than % tax ?

if you're one of the 15 (10? 5? 1?) percent of traders which are profitable - congratulations!

haha thanks, i know... some people cant trade

[bones261]

yep, the more you trade, the less likely is that you would be profitable.
that is, if you are human and not an algo.

re gold: maybe not a bad idea, but how would I know that it is real gold and not fake with all these cases of high quality fake gold spreading lately. Bitcoin cannot be fake.

Re lambo- nice ride, congrats.

Bars are easier to fake, there are dodgy coins out there but they are easy to spot. The colour + coin details are always off.

If your a newbie just avoid ebay & alibaba and you'll be fine

Just stick to main dealers like apmex etc. or if you want to buy directly with BTC I have used silvergoldbull.

A good rule of thumb is to buy coins from your country for greatest liquidity e.g Eagles + Buffalos in the US, Britannias & sovereigns in the UK.

If your goal is to hoard metals to prepare for a potential financial apocalypse, I'm not sure buying national minted coins is the best strategy. Don't those coins sell for a rather high premium over spot since they are considered collectibles? Same goes for trying to hoard gold in the form of jewelry.

Also, Bitcoin can be "faked" to the unwary. e.g Bitcoin Cash.

[Last of the V8s]

@PayPalUK 7:00 AM - 1 Apr 2018 https://twitter.com/PayPalUK/status/980323918467817473
You can now Print Money directly from your phone. Launching on the PayPal app. Will you be using it?



sick humour there from the lizards

[flynn]

Ha ha, seeing that Lambo makes be bullish again 

How about a nice Corvair instead. 

looks like a NSU TT to me

[El duderino_]

What's up with that new poll, it's a bit weird ?

YEAH very weird but don't like don't look or participate.... same for those that don't like BTC and prefer FIAT system and banks

[Last of the V8s]

guys, I was asked to warn you nasty scammer resurfaces https://bitcointalk.org/index.php?action=profile;u=215842 Black_Arrow_UK


https://archive.is/tTt40
https://archive.is/pRjPR

[serveria.com]

Latest from Masterluc (google translate):

"As I wrote, the price can rebound from the level of ~ 6000, drawing a double bottom. It would be a Paschal miracle. Technically, however, the price is in the progressing bearish zone, below the most important curves, the fall potential (theoretically up to $ 3000) has not yet been exhausted. The situation on Wall Street is also not encouraging.

In the long run, buying at current levels is very profitable, I believe.

Something like this."

However I have to add this guy's latest predictions were mostly wrong (at least if we speak about the timing).

[HairyMaclairy]

For those of you comparing gold to bitcoin, don’t.  

The gold price is suppressed because gold is too easy to mine with modern mining techniques. Gold has a supply problem, there is too much of it.  We have mined far more gold since 1950 than we have in all of history, and that has flooded the market.

The best estimates currently available suggest that around 190,040 tonnes of gold has been mined throughout history, of which around two-thirds has been mined since 1950.

Source:  https://www.gold.org/about-gold/gold-supply/gold-mining/how-much-gold-has-been-mined

Further there are too many planned mine expansions.  A single planned mine expansion in Australia (BHP Olympic Dam) would yield 15,000 tonnes of gold and 90,000 tonnes of silver.  That’s almost 10% of historical global supply from a single mine. No market can absorb that type of new supply without collapsing the price.

So ignore the 4th dimension conspiracy bullshit, because the author doesn’t know how supply and demand works in the gold market.

Bitcoin is scarce.  Gold is as common as dirt.