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Question: Did we reach the bottom already?
Yes - 60 (50%)
No, it's coming later this year - 44 (36.7%)
No, it's coming next year or after - 16 (13.3%)
Total Voters: 120

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 25818428 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. (170 posts by 5 users with 9 merit deleted.)
xhomerx10
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May 18, 2018, 05:24:50 PM



Why it doesn't show my image? Sorry for being a noob. I have the full link address between the IMG headers.

 noobs cant post images - it's a forum parameter
1664832126
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kromer
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May 18, 2018, 05:26:27 PM

Is Bitcoin dead? Because somebody on reddit just told me so. Apparently it is as good as dead already and it is currently being phased out by superior crypto 2.0 coins using block-lettuce (TM) technology.
RoomBot
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May 18, 2018, 05:29:05 PM

I wonder where r0ach is getting the energy from to do what he's doing. He clearly has 0 followers, noone rarely agrees with him and he is being bashed nonstop. Or does he really think he is smarter than everyone else and he is genuinely trying to convert us from stupidity of cryptoworld to the high intelligence of silver trading? Lol.

Just wondering, maybe I should take a book of psychology to understand someone who seems smart but is so utterly stupid.

Psy Op.
Disruptor.
Divider.
Hatemonger.

Whatever, just ignore it & stop wasting good thread time.
RoomBot
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May 18, 2018, 05:30:43 PM

I wonder where r0ach is getting the energy from to do what he's doing. He clearly has 0 followers, noone rarely agrees with him and he is being bashed nonstop. Or does he really think he is smarter than everyone else and he is genuinely trying to convert us from stupidity of cryptoworld to the high intelligence of silver trading? Lol.

Just wondering, maybe I should take a book of psychology to understand someone who seems smart but is so utterly stupid.

Most people have had him on ignore for years, he’s likely a pedophile & likes to grrom newbies and their way of thinking similarly to how he grooms children in RL.

I think he’s just a very angry man.
The rabbi must have botched the circumcision or something...

Sources say he couldn't even walk for a year after that!
Kylapoiss
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May 18, 2018, 05:34:54 PM



Why it doesn't show my image? Sorry for being a noob. I have the full link address between the IMG headers.

 noobs cant post images - it's a forum parameter

Wonder how long does it take when I can post one?

Just wanted to post a picture of TERA's favourite beer.
realr0ach
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May 18, 2018, 05:41:41 PM

Dropped out of school, currently run 2 businesses & have a nice stash of bitcoin in cold storage. I take cocaine at least once a week & smoke weed most days btw.

I think we've discovered why there are so many delusional posts in this thread.
jbreher
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May 18, 2018, 05:46:05 PM

Is Bitcoin dead? Because somebody on reddit just told me so. Apparently it is as good as dead already and it is currently being phased out by superior crypto 2.0 coins using block-lettuce (TM) technology.

Block-lettuce? I prefer wedge-lettuce. With bacon, bleu cheese, tomato, and red onion.
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May 18, 2018, 06:03:11 PM

Psy Op.
Disruptor.
Divider.

Another "r0ach is from the new world order trying to stop bitcoin" post.  I'm a descendant of William the Conqueror.  I'm from the old world order; get your facts straight.  Nothing I type on here is false, though.  No, I have no affiliation with the Windsors who have shamefully allowed the Jews to unleash the Kalergi plan on their country (and every other white country).
DaRude
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May 18, 2018, 06:17:41 PM

Psy Op.
Disruptor.
Divider.
'Tiss true rabbi botched it up so bad that i have to use girls bathrooms. But i switched my synagogues since then.

Wow well that definitely explains all of the hatred now!
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May 18, 2018, 06:17:53 PM
Merited by cAPSLOCK (2)

*edited*

Why it doesn't show my image? Sorry for being a noob. I have the full link address between the IMG headers.

It has to do with your forum rank.. Here..have a sMerit.

------------

Thank you for that fine look deep into my personal psychology Jay. /s
There is no rage quit and many of you...perhaps all..mistake my disappointment for anger over which way the market decides to turn. I have told you before and will tell it to you again..I day trade very very little. When and if I do have to sell coins its only to cover operational costs for certain things at a very fundamental level. I am not trying to promote my "book" to anyone or hope to influence market direction to make a bigger "bag".  Muh bags are just fine thank you very much. I can only wear one pair of pants at time just like everyone else. Material things have less and less relevance in my daily routine as the years go by.

When my disappointment shows, it is due to having a moment where the entire world is watching bitcoin and it just slips away. The call to arms was issued...the sword raised high.

I cant for the life of me understand why anyone is selling coins at all for under $10k tbh.. I think most are in agreement the potential value is far in excess of that.

When things tend in a direction I have indicated of course I feel satisfaction and gratitude that the majority feels the same way. I honestly just try to tell what I am seeing and feeling. I have no idea why I have this need to "save" you..  It is a mental sickness I am sure.  Charts go up and charts go down..its in the nature of things.

So this brings us full circle..its not the why or how of price direction that causes me pain..it is the fact that if I post something here..and someone takes that as the gospel..and then..markets doing what they do..it goes another direction..that is what I stress about and lose of sleep over. Its that simple.

With that in mind I think its best if I get back to the basics and accept my retirement with as much grace as possible. I am supposed to be enjoying my golden years and limiting my stress intake, its not happening mucking around here. There are many out there with much more talent to show you what anyone with half a brain can see on the charts.

Now..with all that off my chest...I can get back to being a happy grumpy old man. Summer and the Fall are my time for travel and being out and about..the time for a good soak approaches.
 ...that is what I hand meant when I said see you next year..and who said I was referring to a terran calander.

Be kind..be thoughtful..give freely.
I am still observing.
Kylapoiss
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May 18, 2018, 06:22:35 PM

*edited*

Why it doesn't show my image? Sorry for being a noob. I have the full link address between the IMG headers.

It has to do with your forum rank.. Here..have a sMerit.

------------


Wow, thanks, you just took my virginity!
cofefeGandalf
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May 18, 2018, 06:33:32 PM

Grin Grin




Lol. Love that pic,super accurate.  Grin
arklan
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May 18, 2018, 06:36:26 PM

Grin Grin




Lol. Love that pic,super accurate.  Grin

oh my god, i want one! but make it a pair of horses pulling a full-sized Duesenberg!
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May 18, 2018, 06:40:15 PM
Last edit: May 18, 2018, 07:46:49 PM by sirazimuth

^great meme.
 Yeah, It seems like the in vogue thing now amongst msm clueless crypto financial hacks and the like, is
to throw shade on Bitcoin but praise Blockchain.


Block-lettuce? I prefer wedge-lettuce. With bacon, bleu cheese, tomato, and red onion.
Too right!
 My favorite salad combo for sure.
(with some freshly cracked pepper, preferably from one of those giant horse leg peppercorn grinders the waiter twists and rests on his shoulder....)
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May 18, 2018, 06:46:55 PM
Merited by yefi (1), Robin,Hood (1)

Of course, the world has not yet seen a blockchain that has been battle-tested, that does not reward the maintainers in a native token. So there's that. What's the incentive?

Unless someone solves this problem in the realm of game theory, it is impossible.  This is one of the absolute foundational pillars for the stability of bitcoin the removal of which would create a sort of 2 legged stool.

...
Will there be a mass realization that blockchain without bitcoin is just a slow, shitty database? How long will this realization take?
...
I wonder about that, too. Most crypto people I know from meat space think some "newer, better" coin will supersede bitcoin, yet most don't know how bitcoin or any of the alts actually work.

What they also don't get is that if bitcoin was replaced by something newer, more shiny (assuming such a thing would exist), then not only would bitcoin be pointless but also the new shiny coin, and every next shiny coin down the line.

It's either bitcoin, hooks into bitcoin, or it's a parasite sucking on bitcoins success.
infofront (OP)
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May 18, 2018, 07:02:18 PM

I heard a bitcoin maximalist somewhere make an interesting point recently. He said if you support any altcoin (or bitcoin fork), you're essentially supporting the continuation of the legacy fiat currency system, as you're supporting the printing of money out of thin air.
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May 18, 2018, 07:03:51 PM

https://omniexplorer.info/address/3MbYQMMmSkC3AgWkj9FMo5LsPTW1zBTwXL

Tether funbux time again. But let's ignore that the last time they created a bunch the price went down the toilet.
Torque
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May 18, 2018, 07:20:25 PM
Last edit: May 18, 2018, 07:32:52 PM by Torque

I heard a bitcoin maximalist somewhere make an interesting point recently. He said if you support any altcoin (or bitcoin fork), you're essentially supporting the continuation of the legacy fiat currency system, as you're supporting the printing of money out of thin air.

That's sort of true, in that the fallacy exists that either (fiat or altcoin) has value the moment it is birthed. Just because something has a trade-able fiat price doesn't mean it actually has any value (just look at the penny stock market, or a company like Tesla lol).

But more importantly, if you support the altcoin market, you are also supporting the very (only?) mechanism that the establishment is maliciously exploiting and leveraging to slow down and attempt to strangle Bitcoin mass adoption - in its crib.

To do that, all they have to do is sew the seeds of confusion by creating tens of 1000s of coins and marketing them to the mass public "as all on the same level/playing field". Which is exactly what they did.
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May 18, 2018, 07:30:23 PM

I heard a bitcoin maximalist somewhere make an interesting point recently. He said if you support any altcoin (or bitcoin fork), you're essentially supporting the continuation of the legacy fiat currency system, as you're supporting the printing of money out of thin air.

I think this is sort of apt.  Especially if you believe POW is the best form of securing a blockchain.

Because there is a limited amount of energy and resources to pour into proof of work it can be surmised that the security of blockchain networks is the sum total of the hashpower behind ALL of POW cryptocurrencies.  And to the extent we assign VALUE to the tokens on a competing blockchain, and hashpower to go along with it we are just minting more "bitcoin" in the broadest sence.

One reason we maximalists (yes, I am yet another Monero shill who calls himself a BTC maximalist* Wink ) cringe so hard when the topic of BCASH comes up is it is, among other things, one of the most directly Bitcoin diluting projects in every way.  At 1/6th the price of BTC it has effectively minted another 3.5MM Bitcoins.  And steals hashpower and value from the actual Bitcoin chain (while trying to coopt the name, and history of Bitcoin at the same time, bastards).

So yes.  The vast, vast, vast majority of altcoin projects are a direct or indirect attack on Bitcoin.

However there is value in those chains.  For example ETH teaches us LOTS of important lessons.  It has shown us what a ginormous attack surface can do.  It is also showing us what happens when you have an actual KING driving the "consensus".  I remember that time that Buterin, with all the grace of a 6 year old threatened to "leave the project" if certain things didn't change.   Can you imagine what a clusterfuck Bitcoin would be if Satoshi had stuck around?  Even if he (or Vitalik for that matter) had the purest of motives, corruption would creep up in some form or another and poison the well.

ETH may survive just because of first mover in the whole programmable aspect.  But Bitcoin adding things like RSK on *LAYER TWO* where it's much safer and does not touch the base protocol might just give ETH the reverse flippening with full ironic glory.

In fact the virtuous black hole of BITCOIN (BTC) will suck up all its bastard children in the end.  Perhaps leaving a handful of favorites to fulfill parallel functions in harmony with big daddy BTC.  What I don't know is how far along the path of sucking up all the meaningless paper-government-scrip-garbage BTC will have traveled before it turns on it's prodigal sons.

*this is not the place to discuss my reasons for making a fairly glaring exception for Monero to my above maximalist screed.  And, if fact, I hold a bit of cognitive dissonance against the fact I do make that exception.  But I have my reasons... if you care what they are feel free to ask me outside of here.
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May 18, 2018, 07:49:29 PM




short PUMP lets hold on and see whats gonna happen this weekend  Roll Eyes
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