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

[realr0ach]

In my experience, stupid people rarely amass much money.

In my experience you are wrong.  This thread used to have a couple somewhat intelligent people in it and now it's almost entirely dumb money.  Anyone that traded shitcoins in the early days knows there's no such thing as easy money.  Bitcoin turned into a complete outlier situation and started providing lots of dumb people with lots of free money for a brief period of time.  Now the market probably wants to reach equilibrium again and take it all back.

I don't dislike Micgoossens or anything, but he's basically the world champion posterboy of dumb money.  JayJuanGee?  As dumb money as you can possibly get (if he's even a real person instead of a chat bot, probably not). Elwar? Either dumb money or just a bitcoin cultist with blinders on, take your pick.  Cultists and dumb money are mostly the same, I guess.  A cultist is someone who is unable to acknowledge shitcoins are supposed to derive value from decentralization, yet they're all designed to centralize and have absolutely nothing resembling a Nash equilibrium, so have no fundamentals to derive value from besides temporary regulatory arbitrage.

As for Boblawbaw?  He's not dumb money, he's more of a scammer.  If you look at post history, and I'm 100% not joking, he was telling EVERYONE to hold for days when the price was near $20k while he was dumping everything, then he typed some shit like "thanks guys, now I'm a millionaire".  It seemed like nobody else but me even commented on his actions, so this thread is even 10x more dumb money than you probably think.

[BigTeeths]

We must be the laughing stock of Wall street. And that must be saying something. I can't even look anymore. God help us all.

You sir has the most accurate prediction than those famous clowns( Tom LEE and the others) in crypto that says it  will go this or that combined. I thought I was strong enough to tolerate this dip after a couple of crashes in the previous months but I was wrong. I feel so weak and I don't like to talk to anyone for a while.

[realr0ach]

I think bitcoin has already proven itself to be useful as cash.

Bitcoin has also already proven itself to be useful to the FBI and IRS in helping them track transactions.

I'll just say that if I wanted to hide money from the tax authorities, buy contraband without physical cash, or just keep my economic activity private, I'd be using Monero.

I haven't kept up with every single thing Monero is doing, so I don't know if this is still accurate, but last time I checked, it seemed HIGHLY likely to me that in the event Monero's crypto was blown apart (and on a long enough timeline that seems to be inevitable), that it would be acting as a honeypot in practice and providing full linkability afterwards.  So, no, I would not be using any of this garbage to do illegal things with if I was a "criminal".

Anything 'blockchain' related is inherently anti-fifth amendment, anti-freedom, and pro-state control.  It's not possible for the coins to be fungible no matter what you do, and transaction validators are always designed to centralize, making them permissioned ledgers that are easy pickings to be run by the state.  The Zcash method is not a viable path of fungibility due to requiring trust in genesis creation and numerous other issues like fungibility being opt-in, too much overhead, unknown supply, etc.

[jbreher]

So has it split yet?

No.

Where can I sell cash abc and cash sv for bitcoins?

Try Poloniex.

[STT]

Is Craig Wright really satoshi nakamoto?

Its certain he is not from what I've read he has not done anything special to hint he is at the same level as the inventor of Bitcoin.  The current price action is more then one thing definitely not one person, it might be related to Bitcoin cash for these few days but also its broken a trend of declining price movement (and also some support) so I dont think it will just settle back to 6500 in a week.   Likely it has establish a new trend or break above something around 5800 to 6100 and hold above

[realr0ach]

If tomorrow a bull market starts, I will eat 10 doses of acid and trade 50x on Bitmex

My record is staying up 72 hours straight trading on ScamFinex while listening to Metallica the entire time on max volume.  That was before the exchange was openly operating as a scam though.  I wouldn't touch it under any circumstance now.  

ScamFinex currently has the same several hundred dollar spread between legit exchanges right now as they did when they were trying to prop the price up via fraud when it was crashing below $10k for the first time. Every single day that exchange is running just makes bitcoin look like the biggest Ponzi scheme ever created.  They operate almost identically to MtGox in terms of outlier behavior and prices compared to other exchanges, also with no arb taking place.  If it's impossible to arb, it's obviously not even a real exchange in the first place.

Central bank coin coming soon.

https://www.cnbc.com/2018/11/14/central-banks-should-consider-issuing-digital-money-imf-boss-lagarde.html

IMF Managing Director Christine Lagarde said central banks should "consider the possibility to issue digital currency" in a speech in Singapore on Wednesday.

What a shocker, the kikes want to harness the human tracking and control system known as 'blockchain' to enslave humanity and replicate the Chinese social credit score system.  Gee, I wonder who has been warning of that for years on this thread.

[Globb0]

Craig Wright is tweeting literally every 10 minutes tonight


Dr Craig S Wright @ProfFaustus
Well. In 2017 I said there was a MAJOR issue with SegWit.

In mid to late 2019, I will explain it.

It cannot be removed. It cannot be fixed. It is not solvable and, you cannot work around it.

Sorry. You allowed Core to kill BTC.

I did try and stop you.

He wants to stay relevant until mid to late 2019...

and remember that Wright has a bitcoin trust (called tulip trust) that comes available on January 1, 2020... hahahaha.. .yeah right... craig wright attempting to maintain relevance... yes, ongoing attempts.

Interesting that trust refers to the million or whatever coins as "the satoshi's"

I thought that term came of existence a bit more retrospectively, an homage to satoshi and the fact as value grew smaller decimals got harder to describe in terms of 1 bitcoin.

[alevlaslo]

ETH should win because BTC and BCH have problems, ETH with XRP will compete for the first place 

[El duderino_]

ETH should win because BTC and BCH have problems, ETH with XRP will compete for the first place 

Wrong thread LOL

[realr0ach]

ETH should win because BTC and BCH have problems, ETH with XRP will compete for the first place  

Hmm, let's see.  Digital shitcoins are being propped up by fraudulent exchanges like BitFinex printing tethers, while physical metals are artificially being manipulated downwards in an inverse bubble by supplying hundreds of times more product than actually exists in the form of paper IOUs.  Let's do some elementary math here.  Oh, look!  Elementary math says the artificial propping up of shitcoin bubbles will eventually end, and artificial manipulation downwards of metals ends, leaving anyone holding shitcoins with nothing and silver and gold owners rich.

[Kylapoiss]

ETH should win because BTC and BCH have problems, ETH with XRP will compete for the first place 

Wrong thread LOL

We need a like and dislike button around here.

[PoolMinor]

Interesting that trust refers to the million or whatever coins as "the satoshi's"

I thought that term came of existence a bit more retrospectively, an homage to satoshi and the fact as value grew smaller decimals got harder to describe in terms of 1 bitcoin.

I believe you are misreading the document as it pertains to "satoshi" and "bitcoin".
When they are referring to the bitcoins they call them bitcoins, but when they are referring to "satoshi" they are referring to the coins as well as the software, which could also be interpreted as the identity or persona additionally.

[El duderino_]

Morning part 1 work out is finish
            Part 2 = meet up with who shows up to have a coffee and laugh with an other pathetic price drop...

Just cruising the waves, for BTC to complete its narrative to get us where we Will get.....

Bottomed didn’t we?
F*** we don’t know, have no crystal ball to look in..... one thing is sure and thats the fact of Micg ain’t selling coins for fiat, only coins this year that i can lose is when i have to send them to a fellow HODLER that wins one of my games.....

Price can be dipping but my BTC amount remains perfectly intact my 1BTC=1BTC no matter what last day happend

Going for a strong coffee today, alcohol Will start @weekend

[LFC_Bitcoin]

McAfee to Jihan

LOL

[vroom]

ETH should win because BTC and BCH have problems, ETH with XRP will compete for the first place 

Wrong thread LOL

We need a like and dislike button around here.

we have merit and ignore buttons

[BlackMambaPH]

am I the only one who thinks that what happened last year (December 2017) will also happen this year? Thoughts.

[PoolMinor]

am I the only one who thinks that what happened last year (December 2017) will also happen this year? Thoughts.

Yes, you are the only one.

[mindrust]

https://www.tradingview.com/chart/BLX/W5wwj74c-Bitcoin-Long-Term-Trend-Analysis-A-near-term-clue-BLX-Update/

Still on track.

Can go as low as 3.5k even under 3k is possible. Don't care. I am here for the long term.

[Wekkel]

[...] long term.

Exactly. Meanwhile, posters can continue with their BCH Obser-vations in this thread.

[mike4001_]

Ok, the next phase is starting

Below 5,5k now ...