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

[babanana]

Nice to see bitcoin moving upwards. Its about time. Everything is pretty much at the bottom.

I spread 20% of my BTCs to various shitcoins this past week. Catching dumps and bottoms and super bottoms of shitcoins.
Good luck to us. 

[realr0ach]

Commercial banks are 40:1 short the US dollar right now, indicating they are front running lots of dollar decline.  In the past, most bitcoin pumps in relation to fiats occurred with yuan decline and I don't recall any real bitcoin movements based on dollar decline.  It seems like if yuan declines, lots of China money flows into bitcoin, which is then sent out of China and into the dollar or Vancouver housing or something.  If dollar declines, the flow into bitcoin for capital flight does not occur.

[smartcomet]

[realr0ach]

https://pbs.twimg.com/media/Dlol7ggVsAAF85R.jpg

Nice try shitcoiner, but "digital" does not mean better, it means worse and valueless.  Humans do not live in the digital plane, they live in the physical one.  Everything digital whether is digital US dollars, digital software, or digital shitcoins are nothing more than artificial scarcity scams of temporary value:

If you hoard all the bitcoins in the entire world, there's no way possible for you to extort me by forcing me to buy into your artificial scarcity scam.  I can just ignore you like you don't even exist, or create a new random shitcoin with a distribution that favors me instead of you.  This is called no valid Schelling point.  

However, if I hoard all above ground silver in the world, people actually need it, and I can just set my own price and demand it from you and force you to pay me.  Any type of economic activity you're doing can be completely ignored by everyone else on the planet, so you're like the pig that built his house out of straw by pretending an artificial scarcity scam with no real world use is a store of value.

[HairyMaclairy]

Shut up Hairy!  Don't jinx this with your prognostications.

...

[moneyForjam]

Fake market.  Price moved ENTIRELY by a single entity operating on the fraudulent exchange Bitfinex and their tethers as usual.  It's almost the exact same situation as the Comex.  No/little physical delivery of metals actually occurs there, so they just print up a random number on the screen and claim that's the price even though it has zero connection to the real market.  Comex uses the method to suppress the price, and Bitfinex does this to try and fraudulently raise the price of bitcoin.  

The fact CNBC is now front running these events and telling you to sell right before they attempt to pump and dump probably indicates some TBTF Jew bank like Goldman Sachs might be involved as the entity rigging price on Bitfinex. It's a known fact Goldman Sachs was behind the Ethereum pump because they bought all the premine, so why not bitcoin too?  In-Q-Tel caused the market to crash on purpose and bought up a ton of bitcoins at $1-2 back in the day (in addition to what they already had), so it's like one big circle jerk of the same criminals in traditional finance.

top post . sent u a merit

[Phil_S]

Risitas - Bitcoin Cash Behind the Scenes
https://www.youtube.com/watch?v=01CegebttEU

Funny stuff. 

[JayJuanGee]

https://www.livenewson.com/american/cnbc-america.html
fuckwitted documentary on btc

If the documentary is "fuckwitted," then would there be much if any purpose in sharing it?  Why would any of us want to click on it?

[JayJuanGee]

Shut up Hairy!  Don't jinx this with your prognostications.

It would be nice if bitcoin would go into a bit of a punishing phase.... to punish some of those folks waiting for cheaper coins... or those folks who are waiting for the alt coins to bring them lambos... .  I just don't know if bitcoin is quite ready for punishing phase.. but it would be nice.. a bit of a fantasy of mine to re-live the late 2017 upwards price movements that took a lot of waiting for lower prices folks for a bit of a surprise.

By the way, I seem to recall that a bit more than a week ago, Hairy had said that he had expected a bit of a pump to $7k or even $7,200-ish.. because BTC prices in the lower $6ks seemed to be a bit "oversold."... something like that.

[JayJuanGee]

That's the spirit Rosewater!!!!!   I see you may have temporarily snapped out of your negativisms...    

[DrDoctor1234]

I'm new here. Why does this thread have 21,000 pages? All I see is random charts and pictures of cute animals.

[elrippos friend]

I'm new here. Why does this thread have 21,000 pages? All I see is random charts and pictures of cute animals.

That's for modern amusement, but you will find out 

[Totscha]

I'm new here. Why does this thread have 21,000 pages? All I see is random charts and pictures of cute animals.

It is the heart and soul of Bitcointalk. A random mix of technical analysis, wishful thinking, overwhelming pessimism, conspiracy theories and cute pics. Because, reasons...

[El duderino_]

https://youtu.be/Xs-yBLjamp8

Just for the few dutch speaking in here very funny otherwise don’t open cause not understandble 😂
But Just So funny and @the samen time its about BTC So Thats good and a Nice weekpump Where did that came from

[HairyMaclairy]

I'm new here. Why does this thread have 21,000 pages? All I see is random charts and pictures of cute animals.

It is the heart and soul of Bitcointalk. A random mix of technical analysis, wishful thinking, overwhelming pessimism, conspiracy theories and cute pics. Because, reasons...

It’s the biggest and grumpiest collection of OGs in a single spot. 

[fragout]

Shut up Hairy!  Don't jinx this with your prognostications.

It would be nice if bitcoin would go into a bit of a punishing phase.... to punish some of those folks waiting for cheaper coins... or those folks who are waiting for the alt coins to bring them lambos... .  I just don't know if bitcoin is quite ready for punishing phase.. but it would be nice.. a bit of a fantasy of mine to re-live the late 2017 upwards price movements that took a lot of waiting for lower prices folks for a bit of a surprise.

By the way, I seem to recall that a bit more than a week ago, Hairy had said that he had expected a bit of a pump to $7k or even $7,200-ish.. because BTC prices in the lower $6ks seemed to be a bit "oversold."... something like that.

Ahh 2017. The happy times. We all knew it was nuts though. I dont think we will see its like again though as the the shorters are a force now.
We need to bust ~7500 to break the trend line and 10k to confirm the end of the bear.
This latest rally could just be another dead cat but unlike the April and July bounces, its more sure and steady unlike the 4 pump days of the other 2.
I had to Sodl 50% of my stash (real world bills) so there is a great chance that this is the bottom. I knew i had to sell sometime this year but I was holding out as long as could. It sure felt so wrong though when when i clicked the sell button.

[Realerre]

I'm new here. Why does this thread have 21,000 pages? All I see is random charts and pictures of cute animals.

Because btc price usually follow the page counter of this thread, and we're trying to keeping the number high. Bots are ready for the next pump 

[Last of the V8s]

http://onchain.caijing.com.cn/20180828/4506873.shtml needs translating better than Google can
https://translate.google.co.uk/translate?hl=en&sl=zh-CN&tl=en&u=http%3A%2F%2Fonchain.caijing.com.cn%2F20180828%2F4506873.shtml
Note Google often says 'bitland', 'bit-continent' or 'bitcoin' when it should be 'Bitmain'.

Bitcoin will submit an IPO application to the Hong Kong Stock Exchange this week to start the listing process. The IPO sponsor underwriter is CICC, and the listing target is valued at [30 billion USD].

... claims Bitmain's leaked finance report for the 2Q shows a loss of 600-700 M$, Yang Zuoxin's(of Shenma Miner) vital role in the design of S7/S9's chips, his breakup with Bitmain, and importantly China's patent commission's invalidation of Bitmain's serial power supply patent they used to sue Shenma. (@infohuhu)

[LFC_Bitcoin]

GUESS WHO’S BACK



Edit - We just hit $7051

[Phil_S]

Is it 7?

7 is back?