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

[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.

[Toxic2040]

When infofront takes April fool's to the next level...   


Good afternoon all.

Bitcoin has had a nice rebound this morning to bring us out of the desert of despair back towards the 7k mark. We might test this level at 6.9k as shorters try to scalp some profits I believe but the trend upwards has begun.



Posting this because..well...I like rockets. :p

[Biro Bob]

F*** i have the badest morning ever ...... lost coins

Uh what happened?   How did you lose coins ?

i don't know WO toke some i guess i just


Politeness: 164
fMerit: 280
Imagination: 40
Virtue: 11
COINS : 88  ??
Karma: 1

Maybe it’s for playing WO Top Trumps?

[arklan]

that poll is hilarious.

[HairyMaclairy]

I’m sorry guys the rebound from $6400 was mechanical buying.

Shorts being liquidated and buy stop orders being triggered.

It’s not a real rally imho, it’s just market mechanics.

[Torque]

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

The only choice infofront's poll is missing is the coveted "It already has!" slot for the BCash true beliebers   

[Biodom]

An interesting take on bitcoin (it could have been posted here, but it is a first time I have seen it):

https://s3.eu-west-2.amazonaws.com/john-pfeffer/An+Investor%27s+Take+on+Cryptoassets+v6.pdf

Major points:

1. $4.4-9.9 tril final value for the store of value use, but could rapidly (months) increase to $1.5 tril (which is about $112K or $86k fully diluted). My opinion: he wrote it when btc was at 15-17K, so run up in months to $1.5 tril would be postponed, most likely.

2. An interesting comparison with AMZN, which was $107 in 2000 but was $1600 recently. In between AMZN declined to $5-6.
The author says that if you calculate by dec 2017 AMZN price, it increased "only" by 14% yearly between buying during internet "bubble" peak and Dec 2017. I recalculated to the recent AMZN peak of $1600 and it is rather 16.5% yearly.
However, if you count from 2001 AMZN low of  5.76, you'll get 39.5% yearly return from 2001-2018.
Well , 39.5 is much better than 14-16.5%, but even 16.5% is OK.

I guess my point is that those who bought at $17-20K would be similar to investors who bought AMZN at around $100 in 2000 and those who bought either earlier (up to btc $1000) or later (at the bottom whenever it comes) would be in a similar situation to AMZN buyers at either IPO or in 2001. They would just have to wait maybe a decade or so. The upper target in the article is 260-800K/btc.