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

[Hueristic]

You're talking about things I haven't done yet


https://youtu.be/yTiDWPI8Zf0?t=147

https://youtu.be/gztTq9bmQmg?t=129

[1714198386]

1714198386

[HairyMaclairy]

Who wants to get more doxxed in the future?

MtGox's revival plan:

https://www.ccn.com/revealed-a-bitcoin-billionaires-shocking-plan-to-revive-mt-gox-cryptos-most-notorious-exchange/

Hahaha anyone stupid enough to fall for Brock Pierce’s bullshit deserves what they get

[Hueristic]

Fuckin Aye! Caught up now I can go hit the hot tub, bowl and play some holdem.
and start all over trying to catch up tomorrow.

[P_Shep]

Who wants to get more doxxed in the future?

MtGox's revival plan:

https://www.ccn.com/revealed-a-bitcoin-billionaires-shocking-plan-to-revive-mt-gox-cryptos-most-notorious-exchange/

Hahaha anyone stupid enough to fall for Brock Pierce’s bullshit deserves what they get

I'm holding out for pirateat40. Got some BTC burning a hole in my pocket for a sound, suspiciously high-return investment.

[P_Shep]

Who wants to get more doxxed in the future?

MtGox's revival plan:

https://www.ccn.com/revealed-a-bitcoin-billionaires-shocking-plan-to-revive-mt-gox-cryptos-most-notorious-exchange/

Hahaha anyone stupid enough to fall for Brock Pierce’s bullshit deserves what they get

I'm holding out for pirateat40. Got some BTC burning a hole in my pocket for a sound, suspiciously high-return investment.

I heard SolidCoin was making a come back too.

[xhomerx10]

FIGHT   FIGHT  !!

[HI-TEC99]

Who wants to get more doxxed in the future?

MtGox's revival plan:

https://www.ccn.com/revealed-a-bitcoin-billionaires-shocking-plan-to-revive-mt-gox-cryptos-most-notorious-exchange/

Hahaha anyone stupid enough to fall for Brock Pierce’s bullshit deserves what they get

I'm holding out for pirateat40. Got some BTC burning a hole in my pocket for a sound, suspiciously high-return investment.

I heard SolidCoin was making a come back too.

Isn't tether just solidcoin with a new name?

It matches DeathAndTaxes description of solidcoin.

ScamCoin requires implicit trust in a single semi-anonymous person, it isn't peer to peer and is completely centralized.

[Raja_MBZ]

Just found this... Amazing - Zooko was literally shilling a referral URL till late 2011!

I withdrew a non-negligible amount of USD from TradeHill by simply filling out a form on the site and clicking submit. The resulting page said that they would put a check in the mail that same business day. Apparently they did! Because that was only last Thursday, if I recall correctly, and the check arrived today.

So this is just a report for anyone who wants to know that there was no delay, confusion or extra steps.

Here's my TradeHill referral code. So far I've made about $0.50 in referral bonuses, so it isn't so much that I hope to make a lot of money by passing out my referral code, but it does give you 10% off of their normal fees if you sign up with it:

https://tradehill.com/?r=TH-R11149

Regards,

Zooko

[El duderino_]

Not my best session

Still up but give a little back today :-/

[El duderino_]

I really feel that I should be wearing my hat now but I’m getting 0.08BTC per month to be in this signature campaign. I know it’s not a lot but it adds to my stash & you never know how much this could be worth one day.

I feel like I’m letting the team down, man.

I might have to leave the campaign soon for the WO bro’s.

Actually 0.08BTC/month is a pretty decent rate. I miss my hat too but camps like these helps me to reduce my acquisition cost which makes me a happier person.   I am already dancing on that thin line with that price $3360. If it goes lower for another $100 I'll start to see red stuff on my portfolio and I hate red.

I want to be as green as this guy below:

If you Guys making BTC Then there is no blame...., i myself would never
Leave the XhomerX hat campaign, its Maybe not paid but for my personal and moral and ethical being ...... its just a “i must have a HAT” 

[El duderino_]

Zzzz...

it seems I have to make some adjustments on my HODLnest

[El duderino_]

This talk reminds me of a thread I saw @meta

Who scratch who’s back for merit.....
Place 2 and place 3 has me in it.... I don’t wanna come of to big as a merit whore (but I do like to earn Some to send Some )

F*** they should make all the WO reg’s sources

But down meta there been more merit giving to merit charts and sh*t as on BTC talk or good BTC related humor or whatever BTC related stuff

@meta if Some one finds another merit chart or some kind of merit list or whatever Then MERIT flows like they are for free
 
There are Some serious skilled Guys there that better be using their skills in other threads

Maybe they got tired of a zero sum game?

mmmm so they are just n00bs when it comes to BTC or what are you saying??

[El duderino_]

If you can survive an 80% bitcoin retracement, you can survive anything.

and a period of zero sum games

and some sideways boring actions

etc

BTC= the whole package, get through and get rewarded

[Biodom]

Perhaps, current stagnation in btc price predicts large scale deflation?

This argument goes like this:
BTC was a clear market leader in 2017, then it turned around 9-10 mo earlier than the overall market (in US) started correcting.
Incidentally, btc main run roughly corresponded to a period of relatively rapid rates rise, see 5 year rates from July 2016-Dec2017 (rise from 1.2 to 2.4%)
Fed was not able to normalize rates at the usual 4.5-5.5%. They are now neutral at 2.2-2.5%.
Next time there is a recession, these 2-2.5% would either not be enough OR rates would go deep negative.
Deflation is an anathema for all policy-makers. Perhaps, that's why we hear lately so much about GND.
Not going to discuss the merit (especially the taxation levels, lol), but one thing is for sure: it would result in the inflationary stimulus.
Suffice it to say, large account holders (family offices) continue to accumulate bitcoin. They might see deflation coming first (difficulty for the banking system) followed by inflation (difficulty for everyone) afterwards. Bitcoin can play in both scenarios as a SOV and wealth preservation mechanism.
Perhaps, that GND stimulus (even if small portions of the program will ever see the light of the day) would counteract the upcoming deflation pulse that they are so concerned about. BTW, Armstrong also predicts a large bout of deflation, but maybe a bit later.

TL;DR declining and/or stagnating btc price predicts upcoming deflation?

[jojo69]

WO conservatives be like

[gembitz]

Who wants to get more doxxed in the future?

MtGox's revival plan:

https://www.ccn.com/revealed-a-bitcoin-billionaires-shocking-plan-to-revive-mt-gox-cryptos-most-notorious-exchange/

Hahaha anyone stupid enough to fall for Brock Pierce’s bullshit deserves what they get

Brock checks out-===> i told him about BTI ..(((stay tuned!))) weee

[realr0ach]

If you can survive an 80% bitcoin retracement, you can survive anything.

What about a 100% bitcoin retracement

[slowlyslowly]

If you can survive an 80% bitcoin retracement, you can survive anything.

and a period of zero sum games

and some sideways boring actions

etc

BTC= the whole package, get through and get rewarded

I actually think that Bitcoins 'ability" to survive huge price drops but not to go to zero is one of its selling points. Usually volatility frightens people and I hope it does for those who are trying for quick profits and who we do not really need. But I think people that see the benefits of bitcoin and buy bitcoin for those benefits are not going to be put off buying especially since it has done these big drops before and survived and also because the drops have not arisen through the discovery of some fundamental problem with bitcoin itself. For new people asking me about bitcoin I show them one of the charts that show how holding has been so "lucrative" for people - so long as they do not need to sell in say the next 5 years and it stays moving up as it historically has done they will do be ok. if they are not putting more than 5% of their savings into bitcoin at the first buy-in to me at least is a chance worth taking.  But it is still a relatively hard sell with some of the "technical" things they have to do ( wallets etc) that traditionally have always been done for them by a third party (eg setting up bank accounts etc)

[realr0ach]

as a SOV

To be a "store of value" requires being a non-perishable physical commodity, not an imaginary token, fake commodity.  When a rainy day comes around and you need some monetary liquidity, there is zero guarantee anyone will want or accept an imaginary, fake commodity.  On a long enough timeline, it's guaranteed they won't.  The Aristotle argument on money is correct and Plato and John Nash are wrong.  

Plato was so horrifically wrong, he might even be one of the first well known Jew banker shills - a Hamiltonian.  Due to this obvious blowout in fundamentals, it's 100% guaranteed the invisible hand of the market causes physical metals to demolish imaginary digital shitcoins in the long run.

[Last of the V8s]