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

[JayJuanGee]

If I'm not wrong, this is the lowest start of week we've had in the current trend. We might be in for a local minimum in the weekend. No SOMA this time.

Oh shit... pee pare ur selfies.   

[mymenace]

In which basket will you throw the fact that the FBI claims Nicola Tesla was an alien.
Will you accept it as fact or call the fbi conspiracy theorist creators.
https://vault.fbi.gov/nikola-tesla/Nikola%20Tesla%20Part%2003%20of%2003/view

What ? OP is certainly a bundle of sticks...

* Reads the PDF *



To be fair, it does appear to be a newsletter from some fringe group that was added to the dossier.

Thanks for taking the time.

I got as far as "Tesla, one of the worlds outstanding scientists in the electrical field.... He conducted many experiments in connection with the wireless transmission of electrical power"

Correct. This is something that was very interesting, power grids in the sky. Tesla was a genius in his time. But that scared people. No wonder if after he died some fame grabbers called him an alien or a magician charlatan. Right. Funny because right now we are again looking at the possibility of harnessing power from the air.

Would a knowledgeable "alien" need to fumble around in the dark with thousands of experiments some successful some not?

You cannot make this stuff up

Uncle John Trump worked on the FBI Tesla files (found this last year)

https://en.wikipedia.org/wiki/John_G._Trump


Dont go much into infowars but found this interesting when he started talking about "Free Energy"
Published on 5 Jun 2018
https://www.youtube.com/watch?v=WRD3Xb2pcVQ

about 3 minutes 30 onwards

The fact remains

Something is Hidden...

[JayJuanGee]

Bitcoin, Futures, and the Ghost of Gold A forecast for bitcoin if it follows the post-futures cycle of gold.

+1WOmerit. Good article.

I always believed futures would kill bitcoin, and the graphs proved it, even with the bear market being inevitable.

But this article refutes it very well. Since bitcoin moves faster than gold, we should not worry too much.

I am not sure if I understand your point, fabiorem.  It seems that the article supports a kind of theory that increasing financialization to an asset such as gold (and subsequently bitcoin) might bring some short term fall in price, yet overall causes the market to multiply stupendously.  Accordingly, the overall theme of the article seems to show that increased financialization of bitcoin is likely to bring a decently-sized upward explosion in the bitcoin market and market cap - even if it could take some time to play out (and perhaps even if some of the fundamentals are different between gold and bitcoin). 

By the way, fundamentally, bitcoin seems to be superior to gold, so perhaps the upward explosion of bitcoin would be greater than gold, but still could take many years to play out... 5-10 years would not be unreasonable.

[Raja_MBZ]

Right now, $7615 is acting as support while $7645 is acting as resistance, next 24 hours will be very interesting to stare at Bitfinex.

Gold is isolated from direct factors of economic growth but silver is an industrial metal

Gold is an industrial metal too. It is inside of almost every electronic device there is.

Correct. I bought a little bit of it a few months back to have more bitcoin.

...and it worked out!

...this is what I was talking about: https://www.corsair.com/us/en/Power/Plug-Type/RMx-Series/p/CP-9020092-NA

Gold power supply is more efficient than silver (and of course more expensive), so I bought the one with gold rating and Ethereum GPU mining worked out pretty good with it.

Using silver instead of gold within a power supply makes the power supply less efficient.

[JayJuanGee]

...

I did not do anything beyond making a response to a previous post, and an attempted clarification of my posts.  Because of your own inner focused delusions, you seem to trying to read more into the situation than exists.  In other words, just stirring shit....

Or just seeing ghosts as in the italicized.

I have been having a med balancing issue.

Rosanne Barr, is that you?

I'll take this opportunity to apologize for anyone that I may have offended, I sometimes fly off the handle, incoherently to others that do not have my context. Usually the lack of punctuation and run-ons are a dead giveaway.

Oh sure... Apologizing is the proper thing to do if you conclude that you may have gone too far, or if you are not sure about whether you went too far.... So fair enough... Yet, in the same light, if you are having some of these kinds of issues, then you may want to post less frequently during those kinds of periods, perhaps?  Ultimately, it is up to you to decide how frequently to post and what to post.. I do think that everyone should attempt to be aware of his/her own medication limitations, if they are present, though.

[sirazimuth]

that is a lot of motherfucking hash

^that is a lot of motherfucking hash 

[LFC_Bitcoin]

Mannnnnnn, do something bitcoin.

[Globb0]

that is a lot of motherfucking hash

^that is a lot of motherfucking hash 

the bad kind, I remember those days

[Raja_MBZ]

Mannnnnnn, do something bitcoin.

LOL, it just did... something.

[jojo69]

the bad kind, I remember those days

do you?

do you...really?

[Globb0]

Sucking diesel

[JayJuanGee]

i find it hard to believe people that are otherwise reasonably intelligent can still believe that moon landings were faked.

mental block?  lack of knowledge the technical aspects? brain washing? wishful thinking? whatever it is.. well enjoy your beliefs.

Maybe there is a need for a thread on the topic?  

I know that there is a thread on the flat earth bullshit, but that concept of flat earth is totally luny (pun intended).  By the way, a faking of the moon landing is not even close to the same level of flat earth luny beliefs.

no need from my point of view, as one way or another BTC price is not affected.

there is plenty of evidence around if you look for it. believing it is up to the individual. depends on ones technical understanding of the tech and your belief in the sources.

I think that part of my point is that moon landing and other topics such as the official story behind the twin tower and DC attacks of 9/11/2001, who was behind the JFK assassination and other topics have decently credible evidence on both sides.. There is almost NO decently credible evidence that the earth is flat.

There is a strong correlation between conspiracy theorists and low cognitive capability.  Make of that what you will.  

Maybe such another thread would treat the concepts of conspiracy theories rather than any particular conspiracy theory?

Surely, the concept of conspiracy theories can be related to bitcoin and also to the kinds of skills that any of us needs to attempt to sort through how to invest our own thinking (and simultaneously, money, perhaps?).

In which basket will you throw the fact that the FBI claims Nicola Tesla was an alien.
Will you accept it as fact or call the fbi conspiracy theorist creators.
https://vault.fbi.gov/nikola-tesla/Nikola%20Tesla%20Part%2003%20of%2003/view

Of course if there is some kind of political or government proclamation, then those might be worthy of looking into to the extent that any meaningful number of people buy into the proclamations.  I would imagine that currently the number of folks believing in aliens that are capable of visiting earth to be quite small, and even smaller would be the number of people believing that any actual alien, if it were to occupy earth, would be capable of imitating a human..... In other words, that Tesla=alien proclamation is way out there in the low probability to be true category (perhaps less than .1% likelihood of any kind of meaningful truth, even though it could bring up decent talking points about why the point was raised in the first place and what evidence is presented in support of such a low-likelihood claim).

[Last of the V8s]

Bitcoin Redux https://weis2018.econinfosec.org/wp-content/uploads/sites/5/2018/05/WEIS_2018_paper_38.pdf archived here: https://archive.is/U5l6t
Ross Anderson, Ilia Shumailov, Mansoor Ahmed and Alessandro Rietmann Cambridge University Computer Laboratory

These guys trying to scare the noobs again ( see https://bitcointalk.org/index.php?topic=178336.msg34059242#msg34059242 )

Many bitcoin exchanges do not now give their customers actual bitcoin, but rather do off-chain transactions with other exchange customers or transact on customers’ behalf with outsiders. Except where customers withdraw cryptocurrency into self-hosted wallets, the ownership of these assets is unclear. The number of off-blockchain transactions has increased enormously in the last eighteen months; we can’t find good figures but the volume is sufficient to raise serious concerns and the practice falls under e-money regulations that are not being enforced.

some commentary here https://www.schneier.com/blog/archives/2018/06/regulating_bitc.html

[LFC_Bitcoin]

Mannnnnnn, do something bitcoin.

LOL, it just did... something.

I should have specified - do something.....something green

[Last of the V8s]

Using silver instead of gold within a power supply makes the power supply less efficient.

lol.
qed
liking the dry humour

[bones261]

Mannnnnnn, do something bitcoin.

LOL, it just did... something.

I should have specified - do something.....something green

Is that all the bears have to offer? Let's hope so.

[sirazimuth]

Nope.  Apparently we have a misunderstanding because I was attempting to say the opposite.  I was attempting to say that the falseness of the moonlandings would be more likely than the falseness of flat earth theories.  Thanks for clarifying and sorry for my ambiguity.

ok so we agree you misspoke.
And tbh, after re-reading your original post that elicited my response of
"oh my fucking god.....etc," that triggered this whole moon landing flat earth exchange,
I suspected that's what you actually meant, so a big NEVERMIND THEN!!! 
Dude, I wasn't trying to blow it up or pick a fight, just wanted to sort out the mess.
Now let's put this damn thing to bed, yeah? Everyone's getting annoyed..lol

[mymenace]

This year 2018

Ex presidents

French
Guatemala
Brazil
South Korea


"All arrested"


Over 25000 sealed indictments in the USA( WOW) - more arrests


This will change the financial system when its ended

and the bitcoin price.

Concerned is it up or down, quick dump then up, crash all together

So much weighing on these indictments


Gold/Silver
Stocks/Bonds
Housing/Mortgages
Pension/Retirement
Crypto/Blockchain

[JayJuanGee]

totally digging this volatility, closing in on booking 0.1BTC from my ladders in the last 4 days

Personally, I am getting the sense that you are a bit off topic jojo, no?  Aren't you referring to booking BTC profits based on trading between BTC and various alts?  You are not talking about being able to get those kinds of profits from the BTC/USD volatility, right?

I will concede that perhaps I am a bit resentful of profits made by others during this kind of seemingly low volatility because it does seem to take me a decent amount of time to book profits (especially since I am not using margin), and the current volatility seems a bit on the lowside, which sometimes causes me to tentatively conclude that I am spinning my wheels because the amount of profits during these kinds of times remains quite low.  In that regard, during these kinds of "slow" times, I consider that I am stacking up and insuring, and maybe a bit of boredom, while considering that this is time to get other things done.. and to enjoy some of the lack of BTC price movement, no?

[jojo69]

BTC profits are BTC profits Jay

always on topic