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

[markj113]

Ok. Admittedly I know nothing about IOTA.

Shitty algorithm that can get clogged for free which was shittily pumped with propaganda.

It's Obviously The Asshole of the top 10.

Also centralised (co-ordinator) and people still waiting for funds to be returned that were taken by the foundation without consent about a year ago.

Lots of people also forced to go through a KYC process just to get back funds that were previously held in their private wallets.

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[STT]

The only two significant points of volume recently came with green bars.  Seems neutral to positive until we reach that overhead negative trend perhaps

Humans are unfair creatures. He has literally made peace between the koreas by threatening with nuclear war over twitter, and people still shit on him :/

Ironic positives are possible but I see the underlying change as China realising this old guy DGAF and is as dangerous as the younger guy who dont DGAF and is likely not playing the same old game they've run for decades.  Hence China, the real power in the balance side swiped Kim Jung with the knowledge he is going to lose any backing unless he stops killing off foreigners and stick to his national dictatorship.   Rather then launch that next missile, combined with the fact they probably destroyed part of the launchpad he opts to take the money on the table for playing nice.
In ten years he will just repeat the same crap in exchange for more nice stuff coming his way.    He isnt about to make any kind of peace like Gaddafi made the mistake of doing and China probably doesnt want him to do because he is their poodle in any forthcoming battle over the 'south China sea'

Despite the name most of that sea belongs to other countries hence a likely heavy conflict is probable more then anything specially to do with the Korean peninsula

[jbreher]

If not, we can always find kiddie pics on your pc's, whether they were originally there or not.

It's one thing to come here to gloat and make veiled threats to a predominantly law-abiding community.

It's quite another to openly admit that you are happy to fabricate evidence in order to implicate the innocent.

Fuckin' jackboot. Hope you enjoy the power that your petty badge gives you. Because you'll rot in hell for your actions.

Does your mother know how dishonest you are? She must be so proud.

[JayJuanGee]

Well if the last 9 months are forgotten, there really is nothing sketchy about these current prices @ all 

You are failing and refusing to understand proper context when you selectively remove some part of history in order to attempt to paint a picture about what is happening.

In other words, let's get back to reality because your hypothetical framework leads us into fantasy land, rather than considering actual facts on the ground.

[Ibian]

I found something funny. you still know these memes?



they looked for this shocked woman on this picture and found the models gallery. you have to see this: https://twitter.com/ShortFormErnie/status/1011362273762402304/photo/1

if you wounder what she is doing on these photos, she is checking the bitcoin price of course  

Remember folks, don't stick your dick in crazy.

[Ibian]

so perhaps the fees could stay relatively low for 10 or 20 more years, but likely as BTC adoption increases, fees are likely to naturally go up, too...

The collapse of the West (and Latin America) with Asia taking the crown as the financial capital of the world will be complete by the end of 2032 according to the third occurrence of the sixth 309.6 year wave of humanity since recorded antiquity.

Thus (Satoshi not Core) Bitcoin will have already attained $21 trillion market cap and fulfilled its intended role as the next international reserve currency to replace the USA dollar.

So you can expect that (Satoshi not Core) Bitcoin will be only for $billionaires by then with $50,000 transaction fees. But that is what is necessary for our BTC to go to $1 million.

The details for my thesis are here:

https://bitcointalk.org/index.php?topic=1082909.msg40924436#msg40924436 <--- main one

https://bitcointalk.org/index.php?topic=4433000.msg40989255#msg40989255

https://bitcointalk.org/index.php?topic=4416188.msg40948767#msg40948767

Okay, but can you explain it in less than twenty thousand words?

Someone once said that if you can't explain something in a simple way then you don't understand it. I recently explained how the cultural cycle Glubb identified interacts with the r/K theory as it pertains to humans in a single post. Both of which are things most people have never even heard about. Your turn.

[Ibian]

Ironic positives are possible but I see the underlying change as China realising this old guy DGAF and is as dangerous as the younger guy who dont DGAF and is likely not playing the same old game they've run for decades.  Hence China, the real power in the balance side swiped Kim Jung with the knowledge he is going to lose any backing unless he stops killing off foreigners and stick to his national dictatorship.   Rather then launch that next missile, combined with the fact they probably destroyed part of the launchpad he opts to take the money on the table for playing nice.
In ten years he will just repeat the same crap in exchange for more nice stuff coming his way.    He isnt about to make any kind of peace like Gaddafi made the mistake of doing and China probably doesnt want him to do because he is their poodle in any forthcoming battle over the 'south China sea'

Despite the name most of that sea belongs to other countries hence a likely heavy conflict is probable more then anything specially to do with the Korean peninsula

I saw a short clip with Trump and Kimmy, the one where Trump salutes the military guy. Kim looks like a confused and very frightened overgrown child who is way out of his depth. I imagine his thought process went something like this: "Okay, twice as big as me, twice as crazy, way more than twice the bombs... play nice and maybe he will go away. That's a good american, niiiice americaaaann...".

[mindrust]

Brainwashed.

Who is your employer? Roger, Jihan or Brian?

[Toxic2040]

Modified Schiff fork


The big banana of 2018

#stronghands

[Anon136]

So yeah, probably best not to threaten the financial stability of the most powerful nation on God's good earth.

Wait how does selling drugs threaten the financial stability of the United States . Social stability maybe but nothing could be as detrimental to that as open borders and mass immigration, something most government employees seem to be more than okay with.

Frankly I don't care what you guys do before this cold civil war turns hot as long as you back the RIGHT side when things do turn hot. Nothing else matters compared to that one decision that you will have to make. You claim to love the USA than back the good guys not the commies when things get real.

[El duderino_]

pfffff give me one of these during bear market 

[Anon136]

... as long as you back the RIGHT side ...

What you did there. I see it.

What ever could you be talking about?

[boss1dg]

bitcoin weekly chart shows bullish sign , according to me before 1st week of july we will see uptrend in market . However cant say upto which level it will lasts bcoz it is not as strong as last year bull run . back to back 3rd dip of $6k have created more panic , need to break resistance soon .

[Ibian]

... as long as you back the RIGHT side ...

What you did there. I see it.

Yes, but do you agree?

[HairyMaclairy]

STAWP.     THERE AINT NO CHAIN IN THAT THERE SIDE CHANNEL.

Fair enough. I was pulling myself into the weeds on semantics there.

Can we settle on a side-abacus for LN, then ?

Yeah.  And then we can tokenize the beans.  Decentralized, deconstructed Abaci.

[HairyMaclairy]

Ok. Admittedly I know nothing about IOTA.

Shitty algorithm that can get clogged for free which was shittily pumped with propaganda.

It's Obviously The Asshole of the top 10.

That’s a bold statement.   There’s a lot of Ass in the top 10.

[Last of the V8s]

Ok. Admittedly I know nothing about IOTA.

Shitty algorithm that can get clogged for free which was shittily pumped with propaganda.

It's Obviously The Asshole of the top 10.

That’s a bold statement.   There’s a lot of Ass in the top 10.

Sure, but it was an acronym thing.
EOS is an obvious candidate. Executive Order Shitcoin was my lame attempt

[sirazimuth]

.....we threaten the old ass-rape in prison routine.

.....we can always find kiddie pics on your pc's, whether they were originally there or not.


..... God's  imaginary sky fairy's good earth.   (ftfy)

spoken like a true Christian

[kurious]

Yeah, not sure why you all don't just put your money in traditional financial instruments and institutions. Not sure about this whole "cryptocurrency" thing. IDK. Just doesn't seem real.

General Electric should be the poster child for the whole corrupt "We're-doing-great-and-our-stock-is-flying-oh-shit-now-its-tanking" financial establishment. They'll all be doing great up until the day, the very minute they run out of money to buy back their own stock.

GE one month : "We're doing great! Earnings are up! Stock is up!"

GE the next month : "Oh shit, suddenly we're out of cash! Our debts exceed our free cash! We've been hiding our revenue losses with shady accounting and cooked books. Shit! Time to cut our stock and dividend in half. Get rid of the CEO! Jettison everything! Lay off thousands!"

Of course the executives are the only ones who get a golden parachute. Everyone else gets a pink slip.

So... Forgive me, Torque - but it begs this philosophical question:  Isn't this just unfettered capitalism in action?

Don't get me wrong, I am not trolling you or trying to catch you out.

But...  

We seem to be at the peak of a long era of 'laissez faire' rampant capitalism - which has just produced debt slavery for the world's masses and incredible wealth and power for the few.  Without any alternative competing systems to rein it all in since the 'victory' over communism and socialism, we simply seem to have completely accepted modern capitalism 'raw in tooth and claw'.

I actually agree with most of what you say here and basically it's obvious the current system is corrupt to the core - and on a simple, human level - yes, patently unfair.

So if it's not working for the common good - do we tear it all down, or are we just trying to make sure we are getting a slice of the pie?

Just wanting to be rich is 'joining them, not beating them'.  Wanting to change it requires new ideas, new heroes thinking of new ways - and people prepared to be part of the solution, not just wannabes who want to be part of the elite that cause the problem - with lambos to prove it.

Is parachutes for the rich and pink slips for the ordinary Joes ok?

Or not.

I am not pretending I have an answer to this and I am part of this system by default, but I would be interested in your thoughts

I really can't answer this or expound on my thoughts right now because it would require a book. And I'm too tired to write a book, and of course I don't want to be accused of adopting JJG level walls of text, lol.

Suffice to say, it wouldn't have become run away rampant predator capitalism if corruption hadn't be allowed to infiltrate the entire system.  Even prominent hedge fund managers don't know what the fuck is going on anymore, nothing makes any sense. Some sanity would come back to the markets if:

1. Gov't needs to stop actively managing the markets through Fed and CB intervention (just look at the bond market, it's ridiculous.. comical. Who's fkn buying that shit?)

2. End stock buybacks - they used to be illegal, most people don't even know that

3. More transparency in corporate earnings reporting - end the loopholes and fuzzy accounting practices

4. CEOs and executives need WAY more accountability for company performance and earnings - quit rewarding them for bad behavior

5. Let the fucking equities market have it's bear market for gods sake. Quit propping it all up by tethering everything to FAANGs and then constantly goosing the FAANGs with CB fiat money

Thanks for a decent and cogent answer.  I am not anti-capitalist at all, I am here in this market struggling through like everyone else with some vision after all.

I dislike how rigged it is, though - and wonder how to keep the faith when it is essentially in contempt of hard working people and owned by those in power who need not worry they will ever lose.  So far.  I want to see a level playing field, not governments and markets rigged against anyone but the insiders. I cannot abide the entitled being above the common law and some form of natural and reasonable justice. It's part of why I love Bitcoin, I am free to get in and take part and if it wins, so do I.

I admit I half expected expected dogma and dismissal from you. I got better. Respect.

[JayJuanGee]

Good morning Bitcoinland.

I see we've got some more sideways... currently $6122USD/$8136CAD (Bitcoinaverage).

Ho freaking hum.

Hey Jimbo.... when is your cashflow getting lined up in order that you will be able to add to your BTC stash at these "bargain" prices?

within the next month or two?