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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 25529919 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (158 posts by 14 users with 9 merit deleted.)
Torque
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May 16, 2018, 11:06:26 AM
Merited by edgar (1), El duderino_ (1)

The Lambo thing has become an in-joke that I really wish would go away.

The MSM likes the analogy and association because it paints Bitcoiners as petty and childish asshats. Kinda like Tai Lopez.

Lambos are better associated with the BCash and ICO/shitcoin crowd. I mean, Roger and CSW drive them, so....?
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May 16, 2018, 11:50:47 AM

The Lambo thing has become an in-joke that I really wish would go away.
The MSM likes the analogy and association because it paints Bitcoiners as petty and childish asshats.
Lambos are better associated with the BCash and ICO/shitcoin crowd. I mean, Roger and CSW drive them, so....?

Well said. Lambos are gauche symbols for the uncultured nouveaux riche who crave attention.

Or for car people. Don't forget the world isn't black and white. It's been my dream to own a Lamborghini since I was a small child because I like them. No need for the hate.
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May 16, 2018, 12:01:56 PM

The Lambo thing has become an in-joke that I really wish would go away.
The MSM likes the analogy and association because it paints Bitcoiners as petty and childish asshats.
Lambos are better associated with the BCash and ICO/shitcoin crowd. I mean, Roger and CSW drive them, so....?

Well said. Lambos are gauche symbols for the uncultured nouveaux riche who crave attention.

Or for car people. Don't forget the world isn't black and white. It's been my dream to own a Lamborghini since I was a small child because I like them. No need for the hate.

Not all BMW drivers are douchebags, true. But they all have to live with the stigma that was earned by the uncultured majority Wink Same goes for Lambo owners... Sorry Smiley
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May 16, 2018, 12:44:34 PM
Last edit: May 16, 2018, 01:01:37 PM by Torque

It's hilarious to me watching the wealthy elites aimlessly flail around trying to improve the world's economies. They're in complete panic mode.

But the recovery all hinges on one pivotal thing: the Western consumer getting back to over-consuming and piling on more debt, like they desparately need them to be doing.

And that, my friends, just ain't happening. Like at all. Dead stop. And all the flailing around is powerless to jump-start it again. You can't 'force' people to consume against their will.

https://fred.stlouisfed.org/series/M2V
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May 16, 2018, 01:24:24 PM

MTGox address moving ~13000 BTC today
https://blockchain.info/address/16ftSEQ4ctQFDtVZiUBusQUjRrGhM3JYwe
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May 16, 2018, 01:44:35 PM
Merited by Hueristic (1)


So, what we see is that https://bitinfocharts.com/bitcoin/address/16ftSEQ4ctQFDtVZiUBusQUjRrGhM3JYwe a Binance wallet address has received 13700+ BTC from https://bitinfocharts.com/bitcoin/address/1NDyJtNTjmwk5xPNhjgAMu4HDHigtobu1s also a Binance wallet address. These are displayed in https://blockchain.info/address/16ftSEQ4ctQFDtVZiUBusQUjRrGhM3JYwe as 6 transactions of 2000 BTC plus 1 transaction of 1700+ BTC. How do you know where these 13700+ BTC come from (before landing on the Binance address 1NDyJtNTjmwk5xPNhjgAMu4HDHigtobu1s)? Or is it obvious and I'm just missing something? Thx.
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May 16, 2018, 01:56:59 PM
Merited by Karartma1 (3), supertee (3)


So, what we see is that https://bitinfocharts.com/bitcoin/address/16ftSEQ4ctQFDtVZiUBusQUjRrGhM3JYwe a Binance wallet address has received 13700+ BTC from https://bitinfocharts.com/bitcoin/address/1NDyJtNTjmwk5xPNhjgAMu4HDHigtobu1s also a Binance wallet address. These are displayed in https://blockchain.info/address/16ftSEQ4ctQFDtVZiUBusQUjRrGhM3JYwe as 6 transactions of 2000 BTC plus 1 transaction of 1700+ BTC. How do you know where these 13700+ BTC come from (before landing on the Binance address 1NDyJtNTjmwk5xPNhjgAMu4HDHigtobu1s)? Or is it obvious and I'm just missing something? Thx.

Because i'm an idiot and didn't check the fud before re-posting this
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May 16, 2018, 02:06:21 PM

Fuckers playing with the price Huh Sad Angry
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May 16, 2018, 02:06:34 PM

Funny how Bitcoin is not the only thing disrupting a stodgy, insular industry that haughtily classifies and defines "what is __________" to protect its own self-serving interests.

https://www.theguardian.com/news/2018/may/15/has-wine-gone-bad-organic-biodynamic-natural-wine

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But among wine critics, there is a deep suspicion that the natural wine movement is intent on tearing down the norms and hierarchies that they have dedicated their lives to upholding. The haziness of what actually counts as natural wine is particularly maddening to such traditionalists. “There is no legal definition of natural wine,” Michel Bettane, one of France’s most influential wine critics, told me. “It exists because it proclaims itself so. It is a fantasy of marginal producers.” Robert Parker, perhaps the world’s most powerful wine critic, has called natural wine an “undefined scam”.

Gee, sound familiar?
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May 16, 2018, 02:10:58 PM

Because i'm an idiot and didn't check the fud before re-posting this

3 Merits for self-recognition.  Grin
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May 16, 2018, 03:32:47 PM

That whale manipulator who makes the charts jump up and down 100's of dollars in minutes is back. Last time they did this for a few days, the price jumped from 7000 to 8000 in a half hour, IIRC. Makes me think we are heading towards one of two things:

A: Price jumps up $1000, continuing the pattern of smaller spikes followed by a huge one.
B: Price dumps below $7000, undoing the original mega-pump, but following the pattern of randomly jumping up and down.
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May 16, 2018, 04:01:15 PM

That whale manipulator who makes the charts jump up and down 100's of dollars in minutes is back. Last time they did this for a few days, the price jumped from 7000 to 8000 in a half hour, IIRC. Makes me think we are heading towards one of two things:

A: Price jumps up $1000, continuing the pattern of smaller spikes followed by a huge one.
B: Price dumps below $7000, undoing the original mega-pump, but following the pattern of randomly jumping up and down.

these pump and dump spikes are really suspicious. how many bitcoin/dollars are required to make such moves?
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May 16, 2018, 04:09:54 PM

Good morning. Sideways, upwards and downwards accumulation.
Cat stands tall but humble today. 
buyandhold
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May 16, 2018, 04:44:55 PM

Any activity below $100k is accumulation.
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May 16, 2018, 05:25:58 PM
Last edit: May 16, 2018, 06:38:23 PM by realr0ach

But the recovery all hinges on one pivotal thing: the Western consumer getting back to over-consuming and piling on more debt, like they desparately need them to be doing.

The way the economic system works is mostly based around the real estate bubble scam.  Assuming the government doesn't exist, likely all real estate would be based on precious metal prices.  At this point, everyone is living happily and buying houses; most big ticket items require majority of payment up front, and if there's loans, they are mostly short term or require collateral or co-signing.  Prices are comparatively low and things like the 30yr mortgage do not exist.

Next, the banks introduce fractional reserve to lend money they don't even have to people who aren't even qualified for a loan with no collateral.  Why would a money lender lend money to someone with no collateral? Because they're lending money that doesn't even exist that was conjured out of thin air from fractional reserve, so the lender has no real skin in the game.  Even if you were a potential home buyer who could pay in full up front for a house in silver or gold, the act of creating this lending bubble has caused all home prices to skyrocket, and now qualified home buyers who could pay full in cash are forced to become borrowers like everyone else.

The Jewish banking strategy used is simply to create a vast real estate bubble on purpose, which then forces everyone to become debt slaves locked into things like 30 year mortgages which wouldn't exist otherwise.  If the real estate bubble collapses, typically the entire Jewish lending scam of lending money that doesn't exist through fractional reserve collapses and the system reverts back to the way it was before the scam was introduced - silver and gold.
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May 16, 2018, 05:51:31 PM

Good morning. Sideways, upwards and downwards accumulation.
Cat stands tall but humble today.  


I see an "Old rusty saw-tooth" pattern appear... .   Wink Wink
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May 16, 2018, 06:00:55 PM

You can't 'force' people to consume against their will.
Buying more stuff does not bring me happiness at this stage of my life.
Super Kudos Bob! Well said! I would add that what you said applies to everybody at every stage in every life. Wink

Because i'm an idiot and didn't check the fud before re-posting this

3 Merits for self-recognition.  Grin
I felt the urge to double those merits to this new guy on the WO!
Welcome!
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May 16, 2018, 06:14:43 PM

Here's a philosophical question: Can you be a Bitcoin Maximalist and still have some pet alts?

In theory you are a good person. In practice you are a degenerate. That's my final answer.

By Bitcoin, I mean BCH - the real Bitcoin. Does that change your answer?
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May 16, 2018, 06:19:18 PM
Merited by Torque (1)

LedgerX Launches First CFTC Regulated Bitcoin Savings Accounts
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May 16, 2018, 06:27:05 PM

Lambos are better associated with the BCash and ICO/shitcoin crowd. I mean, Roger and CSW drive them, so....?

My lambo is my brand new fully paid off house. Less flashy but also less childish.
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