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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 25492368 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (158 posts by 14 users with 9 merit deleted.)
realr0ach
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December 06, 2018, 04:19:19 AM

tldr: 78% of Miners Use Renewable Energy

Except the energy expenditure serves no purpose if transaction validators are designed to centralize...and they are.
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realr0ach
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December 06, 2018, 04:22:42 AM

So what's your point? It doesn't matter what I think. Markets give value to worthless companies all the fucking time. And people stupidly put money into them.

Look no further than Tesla for an example... a company that supposedly has a market cap of $63B and share price of $360, but bleeds money, is virtually bankrupt and will probably write down a loss of at least $1B next year. And then EVs coming from Audi, Porsche, and Mercedes will eat their lunch.

It's also possible due to thermodynamic collapse of oil extraction, that conventional vehicle companies are doomed and only electric ones have a future.  Then the govt would probably have motive in keeping Tesla alive at least as some type of testbed.
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December 06, 2018, 04:39:38 AM

I see lots of noobs lately saying theyre gonna short the market here because its easy money. Hopefully they get their faces ripped off.
 Grin
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December 06, 2018, 04:42:22 AM

Trace thinks that this is being done in part to "kill" some naughty miner-producing entity. Guess, which one?
https://twitter.com/TraceMayer

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Some #Bitcoin miners annoyed #HODLGANG so extermination & replacement with friendlier to @bitcoincoreorg.

Makes some sense to me.
nanobtc
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December 06, 2018, 04:45:38 AM

More Roach posts. Bullish.
JayJuanGee
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December 06, 2018, 04:47:31 AM

I see lots of noobs lately saying theyre gonna short the market here because its easy money. Hopefully they get their faces ripped off.
 Grin

Hahahahaha

Remember in about December 2014, there were all kinds of teachings about shorting the BTC market, and how you could make a killing shorting BTC.  2015 through 2017 were not good years to short BTC, even though 2014 and 2018 were. 

Difficult to know what December 2018 and thereafter is going to bring in terms of BTC price performance, but I am having some doubts that in the short-term shorting BTC is going to be nearly as lucrative as it was in either 2014 or 2018...   but what do I know? 

I neither play margin nor attempt to call the short-term BTC price future.. much beyond 50/50..  but I do, sometimes, make observations.    Wink Wink   Cheesy
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December 06, 2018, 04:48:15 AM

I see lots of noobs lately saying theyre gonna short the market here because its easy money. Hopefully they get their faces ripped off.
 Grin

As expected I expect that my expectations saying that they are noobs indeed.

short-term shorting BTC is going to be nearly as lucrative as it was in either 2014 or 2018

Can we speculate that 2022 might be the same?
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December 06, 2018, 04:52:20 AM
Merited by Last of the V8s (1)

JayJuanGee
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December 06, 2018, 04:58:12 AM

Trace thinks that this is being done in part to "kill" some naughty miner-producing entity. Guess, which one?
https://twitter.com/TraceMayer

Quote
Some #Bitcoin miners annoyed #HODLGANG so extermination & replacement with friendlier to @bitcoincoreorg.

Makes some sense to me.

Can't really ever deny observations of Trace, yet there seem to be a multitude of dynamics including pushing in the shitcoin space in which the two bcash branches seem to be suffering the most, and Ethereum is experiencing decent purging of froth too.

I am kind of thinking that there could be some kind of attempt to reach shitcoin singularity with the bcashes and Ethereum around the same price - maybe in the $80 arena or below... Bring them all below $20 would be nice, but that's too much wishful thinking coming out of me... and maybe as nutilah said, a $50 Ethereum might still serve some shit functions, perhaps?...

A problem with Ripple is that the units are off - maybe $.08 would be an overvaluing of ripple, but there seems to sufficient enough dumb money keeping it in the $.30s, with this downfall, and just so much ongoing dumb money from there that would not likely be purged unless some of the ripple CEOs were thrown in jail, which does not seem too likely to happen, either...
JayJuanGee
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December 06, 2018, 05:03:16 AM

short-term shorting BTC is going to be nearly as lucrative as it was in either 2014 or 2018

Can we speculate that 2022 might be the same?

Would not be unreasonable to have some tentative outline about what is possible without getting too attached to such picture, because it seems that patterns are meant to be broken in bitcoinlandia... nonetheless, I could see some kind of decent correction coming a couple of years after the next halvening..

TLDR: Cannot count on it, but can at least consider that there are decent chances of such an outline.
JayJuanGee
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December 06, 2018, 05:06:42 AM



Do you have a source link for that one?
QestBTC
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December 06, 2018, 05:21:51 AM

into mount HODLING for a sleep cause in BIG need for a good hodl-rest
this night cross 5K and all is fine by me Roll Eyes

always a BULLiever in Micg. Grin

where is your 5k for btc noob? Your dreams about the price are ridiculous
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December 06, 2018, 05:33:22 AM

Modest short squeeze in process
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December 06, 2018, 05:35:29 AM

into mount HODLING for a sleep cause in BIG need for a good hodl-rest
this night cross 5K and all is fine by me Roll Eyes

always a BULLiever in Micg. Grin

where is your 5k for btc noob? Your dreams about the price are ridiculous
I see one big fresh n00b here and that's you!
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December 06, 2018, 05:41:33 AM

into mount HODLING for a sleep cause in BIG need for a good hodl-rest
this night cross 5K and all is fine by me Roll Eyes

always a BULLiever in Micg. Grin

where is your 5k for btc noob? Your dreams about the price are ridiculous
realr0ach
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December 06, 2018, 05:44:57 AM

It's anti-semitic to claim the price will not go to $100 trillion per coin for no reason.
jojo69
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1/21000000 , the only math you need to know


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December 06, 2018, 06:15:15 AM

Its like ethnic cleansing without the racism


demented

+1
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December 06, 2018, 07:44:01 AM

I hear that Thursdays are for meeting a nice Jewish girl before the Sabbath

vroom
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a Cray can run an endless loop in under 4 hours


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December 06, 2018, 07:45:42 AM
Merited by Icygreen (1)

nice new "significant trades" site: https://btc.amfeed.com/
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December 06, 2018, 07:52:14 AM

I hear that Thursdays are for meeting a nice Jewish girl before the Sabbath



 Pro-level fakery.  Bikini line fail though.
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