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

[Kylapoiss]

Something that happens only once in a blue moon sighted one minute back:



24-hour change = 0.00%

is bitcoin dead?

Ofcourse it is, it has died 288 times to be exact

[Elwar]

Hitler's government was the people.

That's why I hate all Germans. Why did the German people send so many people away to extermination camps? Why German people? Why?!?

Same for Americans. Why are the American people always deciding we need war in the Middle East? Why American people?

Why do the American people keep pushing the Federal Reserve Note down our throats?

What country are you from?

Born in America. So I'm native American.

So, you hate yourself?

I guess...if the American government is the people...then I hate myself.

I am the cause of all of the bad decisions made in Washington DC.


btw...someone broke BTC...crashing hard.

[bitserve]

Manipulated UNLIKE any other market you mean? I don't think so.

Nope, never said that.

Then we do agree. Markets are basically manipulated by definition. All of them. Bitcoin is no exception here.

[Bitcoinaire]

Are we going under $9,000? It would've been nice to be over $10k by now.

[Maicol792]

Are we going under $9,000? It would've been nice to be over $10k by now.

Don't panic ... we can make only a test for verify the 9k are a good base for prepare the lunch to the moon 

[kurious]

Are we going under $9,000? It would've been nice to be over $10k by now.

Don't panic ... we can make only a test for verify the 9k are a good base for prepare the lunch to the moon  

I fancy cheese and pickle sandwiches.   Preferably emmental, thematic craters.

EDIT: wrong cheese

[BTCMILLIONAIRE]

Something that happens only once in a blue moon sighted one minute back:



24-hour change = 0.00%

is bitcoin dead?

Ofcourse it is, it has died 288 times to be exact

That number is merely an estimate for the lower bound.


Also, wtf did I miss? Since when are the people = the government? I get that there's the argument that people get the government that they deserve (which is a pretty weak one), but ultimately governments never had anything to do with "the people" beyond pacifying them into submission with varying methods.

[Rosewater Foundation]

Sold

[infofront]

I don't want to make a big thing about it. It's late and I'm probably on drugs. But the idea is bottom-up, not top-down. Central planning is dangerous and not antifragile. I mean, isn't that why we're here in the first place? 

I'm here to get trolled and talk about bcash.

[ivomm]

Are we going under $9,000? It would've been nice to be over $10k by now.

Don't panic ... we can make only a test for verify the 9k are a good base for prepare the lunch to the moon 

One of the main reasons (except the 'bad' news which nobody can predict) for the previous crashes, is that the price never consolidated long enough around 9K. If that was recognized as a floor, we would never have dropped  to 6K. So not passing 10K and building support at 9K is actually better. This is also confirmed by forbes:

https://www.forbes.com/sites/cbovaird/2018/05/07/bitcoin-builds-momentum-in-run-to-10000/#239a448a5b23

[jojo69]

the rocket is lunched

[BTCMILLIONAIRE]

It would've been nice to be over $10k by now.

Yeah, was kinda hoping we'd be closer to $10k by today than $9k, but that's the 'corn for ya. It sways whichever way it wants.

Also, Bill Gates has revealed himself as a lazy idiot, with respect to speaking about shorting Bitcoin if he could, and creating FUD.

Nice guy.

Just imagine if people were capable of simply admitting that they haven't done any research about a given topic. Pretty sure we'd run out of serious problems very quickly.

[STT]

Governments are not the people. Nation states are horrible. Stalin could never have existed in a municipality.

Jay, stop trolling.

I think everybody is on drugs tonight. Is it?

Not everyone needs drugs to reach that level, even smarter to realise its near disaster for some to partake in those additives when they are already 100% proof.  Alot of creative types go down a horrible road when they fail to understand this about themselves I always think its a waste.

Regarding, why many of us are into bitcoin, that is likely going to vary too... I understand that bitcoin has a lot of libertarian origins, but that mere fact does not mean that everyone subscribes to the seemingly vacuous anti-government views of that many libertarians seem to spout out in criticizing the current system.  Sure, there are problems with the current system, but merely getting rid of government does not seem like it is going to solve as many problems as it causes.

 Furthermore, we might not even need to bring politics in the discussion at all in order to see benefits in bitcoin

Politics dominates economics now so its slightly impossible to avoid some convergence of those topics.      The dollar reserve system (globally) is subverted by its black hole centralisation to an overly powerful government force that has no limits to its budget and has lost a need to justify itself to its people or other nations.   Not that Im against this particular government or either side of the aisle but that the system itself is off kilter is increasingly not beneficial.    That is ingrained in Bitcoin I think, I dont see how you can be long term involved and not have noticed that at some time or another.  Its generally true that the common working man is becoming poorer for the same work done, central government is becoming larger with greater debt.  Theres a noticeable trend occurring not really reliant on personal opinion or bias.

Capitalism is not centralised and does not have this bias to serve government as its arbiter.   Ultimately it should represent competitive free markets, where success is determined by innovation and efficiency.  Getting rid of government would not be the same as requiring it to be justified and hold a balance sheet capable of surplus.  Wherever you stand its dangerous that government is incapable of returning a surplus right now, it must be capable of this to repay a debt and if it cant repay a debt then its not crypto who will pose any threat but government itself will collapse inwards.   I suggest standing well back and do not be reliant on something failing this badly even if it makes you sad to see it, I think its quite inevitable.

Central planning is dangerous and not antifragile

Not even a political view, its probably provable in engineering and all kinds of different subjects.  True as a general principle.  Politics is a diverse subject, its the luxury of an advanced society true since the Ancient Greek system but we risk losing that freedom and diversity if the system fails so badly because people would not tolerate alternatives and competition was deemed dangerous.


Some comparison views.
https://twitter.com/CNBCFastMoney/status/993607620064882690

[Torque]

It would've been nice to be over $10k by now.

Yeah, was kinda hoping we'd be closer to $10k by today than $9k, but that's the 'corn for ya. It sways whichever way it wants.

Also, Bill Gates has revealed himself as a lazy idiot, with respect to speaking about shorting Bitcoin if he could, and creating FUD.

Nice guy.

Just imagine if people were capable of simply admitting that they haven't done any research about a given topic. Pretty sure we'd run out of serious problems very quickly.

Don't let him fool you, Bill Gates is just playing coy. He is quite researched and well aware of what Bitcoin is. In fact Microsoft is pursuing multiple blockchain-related endeavors. And he previously admitted that Bitcoin "was unstoppable."

That whole interview was staged. There's no reason to get Buffett, Munger, and Gates in the same room unless you want some establishment-ass-kissing Billionaire investors to chime in negatively on Bitcoin and create FUD.

Notice that others like Richard Branson and Tim Draper were not present to chime in and challenge Munger's vitriol for Bitcoin. How convenient, right?  

[Phil_S]

Looking at 1w interval, we had 5 straight green weeks.

So it's possible this week will be rather quiet.

[Paashaas]

Rootstock mainnet is almost ready 

[infofront]

Looking at 1w interval, we had 5 straight green weeks.

So it's possible this week will be rather quiet.

I think that would be ideal. Many people are expecting a rally during and/or shortly after the Consensus Conference next week. A quiet/sideways week gives the rockets an opportunity to fuel up.

[realr0ach]

someone broke BTC...crashing hard.

Come with me and you'll see
A world of blockchain indoctrination
The scams you'll see will defy imagination

If you want to reach paradise there's nothing to it
Purchase physical silver to defeat the Jews
That will probably do it

[bitebits]

Recently I started collecting crickets. Seems like I am in the right place.
Ahh.. Those WO tumbleweed times, good old days.

[bitserve]

What's happening? Where is everyone?