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

[Rosewater Foundation]

It’s 4 times the cost.  For worse outcomes on average. 

Corporations are in the business of fleecing people. It stands to reason.

[Totscha]

But, but... Bitcoin?

Bitcoin is a side topic.

Join the main debates: juice, ruskies and global corporate domination.

[Phil_S]

It's up to each country what kind of "free" benefits like healthcare they should provide.

America's health businesses have got it nailed. Not only do health providers charge the population, they also make the American government spend more than double per capita what other governments spend for the 'free' stuff.

That's an extremely impressive trick.

I don't think John Oliver is coming back to UK... nice HBO salary far outweighs the negatives.

[Heater]

But, but... Bitcoin?

Bitcoin is a side topic.

Join the main debates: juice, ruskies and global corporate domination.

And minge, you forgot minge. But I did learn a new word today.

[Torque]

Google and Amazon etc compete by giving employees not only salaries, but "free" cafeteria food, "free" dental etc.

Offset by setting up shop in the nation's most expensive cities, where housing is completely unaffordable, no free parking, high food/drink costs outside of work, highest city and state taxes, etc. And talk of adding a 'head tax'.

So no, not really "free". They get their pound of flesh one way or another.

Hey, live in San Fran, make north of $80K/year, and you can.... live in a van down by the river!
https://www.pbs.org/newshour/show/high-rents-force-silicon-valley-live-vehicles

[Rosewater Foundation]

America I feel sentimental about the Wobblies.

[Phil_S]

But, but... Bitcoin?

[xhomerx10]

America I feel sentimental about the Wobblies.

 Well you can always raise a wobbly pop in salut to them.

[Rosewater Foundation]

America I feel sentimental about the Wobblies.

 Well you can always raise a wobbly pop in salut to them.

Lost my sparkle and my ability to drink beer. Totally hosed, eh?

[Torque]

OT : Hey look, even ol' Warren Buffett realizes that the public is not buying his company's stock.

https://www.cnbc.com/2018/07/18/buffetts-berkshire-hathaway-loosens-policy-on-stock-buybacks.html

Get deep into the stock buyback game Warren, it's the only way to fly! Pump your own stock, no Average Joe investors needed!

"Munger, for his part, warned that some companies use repurchases simply to prop up their own stock prices."

Duh, ya think?

[Rosewater Foundation]

OT : Hey look, even ol' Warren Buffett realizes that the public is not buying his company's stock.

https://www.cnbc.com/2018/07/18/buffetts-berkshire-hathaway-loosens-policy-on-stock-buybacks.html

Get deep into the stock buyback game Warren, it's the only way to fly! Pump your own stock, no Average Joe investors needed!

Warren Buffett made his annual stock donation this week to five foundations.

Buffett converted 11,867 Class A shares into about 17.8 million Class B shares in order to make the donation. 13.5 million shares worth about $2.6 billion, based on the stock's closing price Monday of $192 per share, went to the Gates Foundation. Buffett has donated 243.3 million Class B shares to the Gates Foundation, just south of the 500 million shares he's pledged to the charity run by Microsoft founder Bill Gates.

It's a neat trick.

[bitserve]

[ Retarded image repost... AGAIN! ]

You do it on purpose, don't you?

And NO... it's not funny anymore.

[Rosewater Foundation]

Good repost re Bitcoin assets:
http://diyhpl.us/wiki/transcripts/building-on-bitcoin/2018/bitcoin-assets/

[kurious]

Churchill 1939

The second leader after the State of Judea in 1933 to declare war on Germany



For once, can our enemies over the last 100 years at least attack us front on  
or do they not learn, when you sink a ship (happens nearly every war), we will conduct a full on frontal assault

Rinse and repeat hey Churchill

Erm... not sure what you are driving at - or what the 'State of Judea' has to do with it.   Not even sure if by 'attack us' you mean the Third Reich or its successors (or the the Beenie Baby Collectors Club, for all I can tell)  So I had best just ignore all that.

However, I have to correct one fact (these days, I realise facts don't matter to most people, but they do to us old fashioned types):

Churchill did NOT declare war on Germany at all. 

Chamberlain did on the morning of Sept. 3rd 1939.   After - despite promises of no further annexations or invasions of other countries - Germany had invaded Poland. Churchill became Prime Minister later.

I am sure it won't spoil the logic of the conspiracy theory, whatever it was supposed to mean - but kindly at least attack the correct historical figure?

[infofront]

You aren’t poor.  At least, you aren’t dirt poor.  You enjoy the freedoms afforded anyone who is affluent in a Western country.  You are probably a white middle class male with a commensurate income.  

A lot of us lefties look at the poor in America and think that the divide is too great. They fear that what happens in America will eventually happen to their country too.  We also have our alt-right and our NeoNazis.

But here our poor have free high quality healthcare and there is a modest social safety net.  No one dies in the gutter. We don’t want to live in a society where people are desperate, because people with nothing to lose are extremely dangerous and violent.  We want a nice peaceful society where everyone has equal opportunity.   Part of that is not fucking over your poor.  If you fuck over your poor you end up with South Africa or Detroit.  Yes you can have gated communities but I don’t want to live like that.  I can walk down the worst street in my large city at 2am and not worry. I like that.  

A big part of the reason is because we take care of our poor, more or less.  Too many libertarians are like Marie Aintonette “let them eat cake”.  We all know how that worked out.

There was a study done several years ago in America on the quality of life of the average family who was living below the poverty level. They had internet access, at least one large screen TV, cable or satellite for that TV, at least one car, a computer, a videogame console, air conditioning and heat, and smartphones.

[Torque]

You aren’t poor.  At least, you aren’t dirt poor.  You enjoy the freedoms afforded anyone who is affluent in a Western country.  You are probably a white middle class male with a commensurate income.  

A lot of us lefties look at the poor in America and think that the divide is too great. They fear that what happens in America will eventually happen to their country too.  We also have our alt-right and our NeoNazis.

But here our poor have free high quality healthcare and there is a modest social safety net.  No one dies in the gutter. We don’t want to live in a society where people are desperate, because people with nothing to lose are extremely dangerous and violent.  We want a nice peaceful society where everyone has equal opportunity.   Part of that is not fucking over your poor.  If you fuck over your poor you end up with South Africa or Detroit.  Yes you can have gated communities but I don’t want to live like that.  I can walk down the worst street in my large city at 2am and not worry. I like that.  

A big part of the reason is because we take care of our poor, more or less.  Too many libertarians are like Marie Aintonette “let them eat cake”.  We all know how that worked out.

There was a study done several years ago in America on the quality of life of the average family who was living below the poverty level. They had internet access, at least one large screen TV, cable or satellite for that TV, at least one car, a computer, a videogame console, air conditioning and heat, and smartphones.

Shhh, quiet you. They need to believe the propaganda they read in the MSM word for word.

https://www.forbes.com/sites/timworstall/2013/06/01/astonishing-numbers-americas-poor-still-live-better-than-most-of-the-rest-of-humanity/#2433319154ef

"However, look at it a little more closely in relation to other countries. We're often told that to be poor in the US is much worse than being poor in the social democracies of Europe. And the bottom 10% in the US are indeed worse off than the bottom 10% in Sweden. But they're better off than the bottom 10% in Germany or France: places where we are told that there is indeed that social democracy.

Maybe there's something for this capitalism red in tooth and claw then: given that it does seem to improve the lives of the poor.

Take another look as well: we know that Russia is where bloated plutocrats loot everything from the country: and yet the bottom 10% in the US have, by this measure at least, better lives than the top 10% in Russia. And the top 10% in Portugal (where I live) and Mexico."

Maybe it's true that the US doesn't do enough for the poor in the US. That's rather a judgement call based upon your own morals. But it's very difficult to see in the actual figures that the US doesn't do enough. The poor in the US are richer than around 70% of all the people extant. The poor in the US are about as poor, perhaps a bit richer, than the poor in other rich countries. It is true that there is more inequality in the US: but this isn't because the poor are poorer. It's because the rich are richer."

The people that are really getting fkd over in the U.S. are the middle class, not the poor.

[xhomerx10]

America I feel sentimental about the Wobblies.

 Well you can always raise a wobbly pop in salut to them.

Lost my sparkle and my ability to drink beer. Totally hosed, eh?

 Eh, hosehead; a toasted back-bacon, hold the toast'll fix you up.

[Rosewater Foundation]

America I feel sentimental about the Wobblies.

 Well you can always raise a wobbly pop in salut to them.

Lost my sparkle and my ability to drink beer. Totally hosed, eh?

 Eh, hosehead; a toasted back-bacon, hold the toast'll fix you up.

That's about the only Canadian cuisine on the menu.

I'm beginning to enjoy more American fare. It's fitting.
https://www.youtube.com/watch?v=hvoagWSOw_Y

This post brought to you by the Kansas Corn Growers Association.
Building the future of corn.

[Syke]

The people that are really getting fkd over in the U.S. are the middle class, not the poor.

Good thing that's only about half of the country.

[infofront]

Saw on /r/bitcoin.

Food for thought.

Very nice.

I linked to an article a while ago about a similar subject - the correlation between gold futures and bitcoin futures. I highly recommend reading it: Bitcoin, futures, and the ghost of gold
TLDR: Bullish as fuck