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

[realr0ach]

Masterluc:

The current bear market looks to have interesting effects on the ASIC industry.  If it gets pump and dumped (like it just did to $20k for no reason), you have situations where there's a glut of huge amounts of mining units all with the same hardware and costs of production far above that $3k level it will likely crash to.  It then turns into a game of chicken to see who is the last to turn off their unprofitable miners.  You could view this as a cyclical culling of the inefficient in the space, but in reality, it will either just consolidate more power into a single monopoly by removing all competitors, or just bankrupt them all.

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[jbreher]

Racism is illegal? Despite our problems, I'm often glad I live in America, where at least we have truly free speech.

Whoa there, little buddy - I think you've overshot the mark.

agree with jbreher that you are way out of line.
 there is a very interesting "debate" going on in Australia at the moment where a famous sports player has said because of his religious beliefs he must speak out about homosexuals and how bad they are. Those with much saner minds have pushed back at what he has said including the top referee who is openly gay.  You cannot be racist or anything else just on the grounds that you can say things because you have the right to free speech. What you say should have consequences. There is a famous saying that Kennedy used and I am sure he was a very patriotic President and a supporter of free speech in America. " The only thing necessary for the triumph of evil is that good men do nothing."

Thanks, but... You seem to be agreeing with me without understanding my point. Which is: that there are very real limitations upon free speech in America which disqualifies it as 'truly free speech'.

As exhibit A, I give you: National Security Letters

[jbreher]

There a couple of possibilities here.  

We either have a minimum standard of behaviour (no genocide allowed) or we can fork the thread.  I don’t doubt our good moderator has the best of intentions but it is embarrassing to be associated with some of this stuff, even if only anonymously.  Ain’t nobody got time for Stormfront Word Salad. 

[realr0ach]

There a couple of possibilities here.  

We either have a minimum standard of behaviour (no genocide allowed) or we can fork the thread.  I don’t doubt our good moderator has the best of intentions but it is embarrassing to be associated with some of this stuff, even if only anonymously.  Ain’t nobody got time for Stormfront Word Salad.  

You got it backwards.  Nobody has time for your (((Marxist))) pro-white genocide propaganda.  You want to censor because you always lose in the realm of debate.  It's unfortunate for you that cultural Marxism has tried to portray itself as the norm - the state, so Nazism is essentially the new counter culture.  Nazi Woodstock imminent.

http://www.youtube.com/watch?v=BV6wm6LARVU

[d_eddie]

Come on, someone post some classic TA, please. This kind of OT is distracting, irritating and plain disgusting.

[bitserve]

Racial differences, the basic cliffnotes version:

Whities are pretty smart. We have good IQ.
Hispanics have lower IQ than whities.
Black americans lower.
African africans even lower on account of not being contaminated with white blood.
Certain asian countries have higher IQ than uses, especially china and japan.
Jews have the highest IQ of all.

IQ correlates with lifetime earning potential. That is, jews own a highly disproportionate amount of all the wealth in the world. Blacks will always be poor.

In addition different races are better at certain things than others. For example, the fastest olympic runners are mostly black. Comes from running from lions and after gazelles. Chinks are smarter than whites, but less creative. And asians have faster reflexes than the rest of us.

There is no controversy over any of this among professionals, it's all pure biology. There are evolutionary explanations for all of it and it can all be measured. And yet it is called racist and if I had a normal people job this post could get me fired. If I was german or british I could be jailed for it.

I am not sure if you are right or not... but... I think it is not very smart to SAY all that... more so if you don't refer to the scientific studies where all that is proved beyond any possible doubt. Yes, in some countries it could even be considered racist speech. Not that I fucking care, but I don't know the need of doing it.

[JayJuanGee]

Of course r0ach is on to me now. I always feared this day would come.

You're not really qualified to be here. Are you?

Rosewater F... fits right in... just a bit sensitive, from time to time.

[bitserve]

I have some internal conflict here... I have ALWAYS been pro free speech, but this racist shit is getting, at the very least, too much in every sense. I don't even fucking understand what's the point of it beyond just pissing people. I don't like it. No.

[andreibi]

It is clear as day that #bitcoin needs to break out past above the daily ichimoku cloud to confirm a trend reversal.



3 DAY: Bulls have less than 19 hours to push the price above $7928 to prevent a bearish railway track pattern or else the price slumps to $7400.

[jojo69]

oh no

less than 19 hours or the railroad tracks?

don't throw me in that briar patch

[JayJuanGee]

Bitcoin has been fluctuating near 8k for a past few days. It was similar last year around November when the price was fluctuating from 6k to 9k and then it boosted up to 19 k in the next month.
This is the chart of a few days-

This is the complete year's chart-

Yeah... but we still need context...

The context of today if quite different from the context of November 2017...

And, I recall August to 2017 to January 2018... had a real lot of action.. of course, Mid-August to Mid-December was mostly the UPs out pacing the DOWNS...

Sure, we could reverse (and head up), here, but even a reversal here is a different kind of dynamic, as compared with what was going on in November 2017..

[realr0ach]

This kind of OT is distracting, irritating and plain disgusting.

Captain's log - supplemental:  Random noobs on bitcoin forum disagree that Nazism is the future and a thousand year physical silver reich will reign.

[JayJuanGee]

Me reading the last ten(s) pages of WO:
....

Seriously, why so many trolls are posting here garbage? Can't you find your forum or what?

Agreed, so much shit being spewed on here.  I'm guessing mostly teenagers who live in a basement and think they have a handle on geopolitics. At least the trolls of the past used to be entertaining. I'm out of here for a few months.  Have fun arguing with each other about Russia and anything other than the BTC price.  Adios.

Sometimes, the trolls are funny retrospectively, but frequently, they are not funny while in the midst of the matter... take notlambchop, for example.... S/he/it... was annoying as fuck.. and sure, some funny mixed in there, but the annoying considerably outweighed the funny... but in retrospect, we can go back and find a lot of his/her/its annoying funny posts.

[JayJuanGee]

There a couple of possibilities here.  

We either have a minimum standard of behaviour (no genocide allowed) or we can fork the thread.  I don’t doubt our good moderator has the best of intentions but it is embarrassing to be associated with some of this stuff, even if only anonymously.  Ain’t nobody got time for Stormfront Word Salad.  

You seem to be letting them get to you.

Moderator (thread owner) seems to have a way more liberal non-deletion policy than many would prefer, but I think that he is living up to what he said that he would do, and perhaps even better than expected... ... Yeah, of course a few deletions of posts, here and there would send a decent signal to some of the off-topic hate-speech, and I am sure that he does some of that, but for the most part, it is likely better to error on the side of non-deletion and each of us can decide the extent to which we partake or even acknowledge the nonsense...

And, by the way, regarding price... not a whole hell-of-a-lot of action there, recently..... price explosion imminent?  Up, down  or sideways... ?

Edit:  Half an hour later... we looking like the start of a little bit of UP?  Would be nice to see another $1k up... .. which would start to get some juices flowing, no?

[HairyMaclairy]

We are close enough to the downtrend line that sideways is bullish.  We need to be losing at least $100 a day to sustain the bear narrative.

It’s hard and dangerous work, those bears aren’t going to feed themselves.

[Ibian]

There a couple of possibilities here.  

We either have a minimum standard of behaviour (no genocide allowed) or we can fork the thread.  I don’t doubt our good moderator has the best of intentions but it is embarrassing to be associated with some of this stuff, even if only anonymously.  Ain’t nobody got time for Stormfront Word Salad. 

Or you could just go away. Emotional outbursts, as a number of you have been excreting, are not arguments. They are just infantile tantrums.

[HairyMaclairy]

Bears are running out of places to hide.  The price pretty much has to go straight down for them to avoid a fur shaving. 

[Ibian]

Come on, someone post some classic TA, please. This kind of OT is distracting, irritating and plain disgusting.

Didn't you mention not too long ago that you had met tribal people, that they were different from us, and that it was fascinating?

Reality is what it is. Being disgusted with reality is needlessly limiting.

[Ibian]

Racial differences, the basic cliffnotes version:

Whities are pretty smart. We have good IQ.
Hispanics have lower IQ than whities.
Black americans lower.
African africans even lower on account of not being contaminated with white blood.
Certain asian countries have higher IQ than uses, especially china and japan.
Jews have the highest IQ of all.

IQ correlates with lifetime earning potential. That is, jews own a highly disproportionate amount of all the wealth in the world. Blacks will always be poor.

In addition different races are better at certain things than others. For example, the fastest olympic runners are mostly black. Comes from running from lions and after gazelles. Chinks are smarter than whites, but less creative. And asians have faster reflexes than the rest of us.

There is no controversy over any of this among professionals, it's all pure biology. There are evolutionary explanations for all of it and it can all be measured. And yet it is called racist and if I had a normal people job this post could get me fired. If I was german or british I could be jailed for it.

I am not sure if you are right or not... but... I think it is not very smart to SAY all that... more so if you don't refer to the scientific studies where all that is proved beyond any possible doubt. Yes, in some countries it could even be considered racist speech. Not that I fucking care, but I don't know the need of doing it.

Why would I spend literal days getting all that together when not one of you will spend weeks and months reading and understanding it?

This is the internet, any information can be found for those who wish to find it. Those who are interested will study the topic on their own, and the mental children who can't tolerate reality will carry on with their tantrums regardless.

[Ibian]

I have some internal conflict here... I have ALWAYS been pro free speech, but this racist shit is getting, at the very least, too much in every sense. I don't even fucking understand what's the point of it beyond just pissing people. I don't like it. No.

There is no conflict. You are not for free speech.