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

[nutildah]

20 years of price changes in the United States...

Notice how government subsidized industries are the most expensive? 😮

Let me help you with that.

That's a funny graph and I get the gist of what you are saying, but the fact is both healthcare and education are completely fucked in the U.S, and they weren't always subsidized by the federal taxpayer (at least not at the levels they are today).

Health insurance in the U.S. is a travesty. Doctors are the new lawyer class, simply existing to rake in as much money as they absolutely can at the expense of the unfortunate. University/college regents rake in 6 figure administrator jobs, along with their department chairs which never give up their reigns until death, even though its at the expense (both literal and figurative) of those they are supposed to serve.

Any time there's a general pool of money that can be easily accessed because the professions doing so are deemed noble or necessary, it will absolutely be taken advantage of and milked dry by those who figure out how to do so.

As a result, education and healthcare are far more expensive than what is reasonable, and the quality of both is on the decline.

[serveria.com]

We're about to leave $3xxx for good (well at least in foreseeable future) go BTC go! 

[bitserve]

The USA is corrupt.  Don’t blame it on government subsidies

You need an IQ of zero to not be able to figure out that education in the US is stupidly expensive because the US govt is underwriting the loans.  It's supply and demand.  There's a finite amount of teachers and classrooms, so if you create loans that anyone can take without putting up any collateral, EVERYONE will take them and cause the price to skyrocket to artificially high prices and then probably implode the financial and education system with it.  

If it was real capitalism, you would have to apply to a private lender without the govt involved and nobody would get student loans without putting up collateral, and yes, less people would get loans, but the ones who did get them would only take a few years to pay them back instead of 20+ years.  People claim the system HAS to exist this way to give a chance of upward ability to black noggers from the ghetto, but that's all a scam.  The system exists this way solely to drive up prices and force people into bigger loans that end in life long debt slavery.

It's a pity that even when you are correct in your assertions you feel the need to include your racist shit on it.

I am quoting you this time because your analysis is mostly right and applies to almost everything where you give the people access to easy credit. Also the same reason why government/states spend money like there were no tomorrow.

[jbreher]

LastoftheV8TrilemmaShills is now filing FALSE REPORTS against me.  ...

I’m not gonna search for things..... but i just know V8 isn’t really someone thats a liar.....

Yeah, I was as surprised as anyone might be to learn that V8 is a whiny bitch in the shadows. And that's all I'm gonna need to say about that.

It's unbelievable how big of a piece of shit, female acting male Last of the V8s is.  I do not own any Bcash and do not care about Bcash, but he filed a report against you for simply owning Bcash, which is hilarious.  Then he files a report against me for stating an opinion that JayJuanGee is probably a more trustworthy shitcoiner than Bob because Bob was posting "hodl", "to the moon!" and "buy more!" spam while he was dumping $5 million worth of shitcoins on you people. Both of them post all the same bulltard spam, but at least JayJuanGee was not selling while spamming it.

I do sell.  I have a system for selling BTC... even if Bob happened to sell a lot relatively speaking compared with others in this thread.

All y'all have done a great job of knocking r0ach off message. Intentional?

His true beef appears not to be about Bob, but about the abusive use to which V8 is putting the trust system. If everyone -- or even just several -- use the trust system merely to castigate people with messages they don't approve, it loses its value as a tool to indicate whether certain users might defraud you in direct deals.

[El duderino_]

^
I Will only use distrust when i really come across one that uses my trust and scam me.....
But luckely that didn’t happen yet

[StartupAnalyst]

Hello, WO`s! I have a lot of pages to read.
What is going on in this thread? Do hats now give everyone ?

[VB1001]

Venture Capitalist Says Bitcoin Will Soon Be Used For Everyday Purchases.

Draper continues to hold on to his hopes regarding the bitcoin. Despite having a low value as of now, Draper believes that the bitcoin would reach a whopping $250,000 value by 2022.

http://en.businesstimes.cn/articles/108916/20190308/venture-capitalist-says-bitcoin-will-soon-be-used-for-everyday-purchases.htm

$250,000 / 2022

Buy more BTC

[Arriemoller]

20 years of price changes in the United States...

Notice how government subsidized industries are the most expensive? 😮

College tuition in Belgium

Tuition fees at public universities and colleges in the French Community of Belgium are set by the regional government. For the academic year 2015/2016, tuition fees ranged from 374 to 836.96 EUR per year for EU students depending on their income and whether they are eligible for a grant/scholarship.

There are other reasons.  Don’t blame it on government subsidies

I'm in Europe and University has gone to shit here. The Bachelor/Master system is a complete downgrade and utter disgrace from what we had before in a country undisclosed. University is now school round two instead of being an institution that fosters research and critical thinking (in non-research students - which make up the majority of the student body). I was appalled at how cookie cutter Mathematics and Physics programs are and surprised at the resulting quality of graduates (before I realized the problem).

Also, thanks to university "being" (appearing) free, people who can't normally afford it are taking up bullshit recreational courses that don't produce any value in the Economy. I don't have anything against those and am interested in some of the topics myself. But when people get fooled into believing that they can study anything and get a job there's a problem. And when it's "free" they are ridden of any incentive to think about the implications of their actions.

I totally agree with you, especially regarding the The Bachelor/Master system.
But I also think that the government more or less pushing everybody in to university studies is to blame, it's become more like high school than university, with some exceptions.,When I studied in the late 80s early 90s it was still a bit special to study at a university, today it seems more or less mandatory.

[fillippone]

Hello, WO`s! I have a lot of pages to read.
What is going on in this thread? Do hats now give everyone ?

I am ready to surrender my hat it isn’t a well deserved one!
I am not an hat abuser!

[LFC_Bitcoin]

Venture Capitalist Says Bitcoin Will Soon Be Used For Everyday Purchases.

Draper continues to hold on to his hopes regarding the bitcoin. Despite having a low value as of now, Draper believes that the bitcoin would reach a whopping $250,000 value by 2022.

http://en.businesstimes.cn/articles/108916/20190308/venture-capitalist-says-bitcoin-will-soon-be-used-for-everyday-purchases.htm

$250,000 / 2022

Buy more BTC

Bought £100 worth on LBC literally about 10 minutes ago. It’s not a lot but every little helps. I’m not exactly happy about us still being in the $3,000’s but I try to always be positive in life & find good things even out of shit situations.

I was on the verge of being what I’d consider as rich at the peak of the last bull run. Unfortunately I sold nothing but out of a bad situation I’m now increasing my stash so I’ll hopefully be even more wealthy than I would have been the next time we moon.

Hope you’re all having a good day gentlemen. Here’s to breaking $4,000 this weekend.

[StartupAnalyst]

Hello, WO`s! I have a lot of pages to read.
What is going on in this thread? Do hats now give everyone ?

I am ready to surrender my hat it isn’t a well deserved one!
I am not an hat abuser!

If you don't have a goal to discredit Bitcoin, promote bitcoincash, and you're a HODLer, you don't need to surrender your HAT!

[fillippone]

Hello, WO`s! I have a lot of pages to read.
What is going on in this thread? Do hats now give everyone ?

I am ready to surrender my hat it isn’t a well deserved one!
I am not an hat abuser!

If you don't have a goal to discredit Bitcoin, promote bitcoincash, and you're a HODLer, you don't need to surrender your HAT!

Blimey!
Who do you think are talking to?
Do such horrible persons really exist? I tend not to engage with any of them, or anyone shilling for only one of those crimes you just mentioned and I don't even want to repeat!

[StartupAnalyst]

Hello, WO`s! I have a lot of pages to read.
What is going on in this thread? Do hats now give everyone ?

I am ready to surrender my hat it isn’t a well deserved one!
I am not an hat abuser!

If you don't have a goal to discredit Bitcoin, promote bitcoincash, and you're a HODLer, you don't need to surrender your HAT!

Blimey!
Who do you think are talking to?
Do such horrible persons really exist? I tend not to engage with any of them, or anyone shilling for only one of those crimes you just mentioned and I don't even want to repeat!

+1 WO`s Merit!

Well, I'm glad to meet a man like you! I think you really should wear a hat.

[xhomerx10]

via Imgflip Meme Generator

I don’t know exactly what it is, but surely there is place for r0ach as well......

Lmao, we need a translation of that sign.

Once Roach sees this video he will wish he had gone to a certain high school in Alabama where he could have really fit in.

https://twitter.com/RacistOTW/status/1102598179974008834

Says something like:

 House of Chabad El Niddo - Long live our Lord, our Master, and our Lord, King Messiah, forever and ever; buy Bitcoin.

[xhomerx10]

 Wow.  Looks like it's powered by Bitcorn (on the cob).  Sweet.

[BitcoinGirl.Club]

I didn't catch the ca.sh goofeyness. It sounds more and more pathetic though.

I spotted it at my first scan LOL

By the way, Good morning WO. How long BTC is going to be boring like this? Someone please ignite the rocket 😊

[LFC_Bitcoin]

I didn't catch the ca.sh goofeyness. It sounds more and more pathetic though.

I spotted it at my first scan LOL

By the way, Good morning WO. How long BTC is going to be boring like this? Someone please ignite the rocket 😊

I dom’t think my £100 buy earlier is going to give the rocket much fuel

[goldkingcoiner]

^
I Will only use distrust when i really come across one that uses my trust and scam me.....
But luckely that didn’t happen yet

Give me 10000 Bitcoin. Trust me, I am a nigerian prince.

[DeathAngel]

^
I Will only use distrust when i really come across one that uses my trust and scam me.....
But luckely that didn’t happen yet

Give me 10000 Bitcoin. Trust me, I am a nigerian prince.

I have 100 bitcoin’s to send you. Give me your private keys & I will send them to you immediately

[d_eddie]

w00t, 4k broken on bitfinex

edit: bitfinex is much more pleasant then bitstamp, the prices are hodler friendlier their.  

We don't use bitfinex here.

I see that you have heard of bitstamp... right?  

I still don't understand what keeps Bitfinex steadily above the other exchanges by about $100... I know they are the biggest Tether exchanger, but it seems like people should have been able to find non-USDT ways to arbitrage their price down to an equilibrium after all these months.

Current prices

Bitfinex: $4003
Bitstamp: $3893
Kraken: $3895
GDAX: $3897

something doesn't add up here

The arbitrage with Bitcoin to fiat is very risky. First, Bitfinex is nothing like the US exchanges (which are under the supervision of SEC) and is known with their "hacks" and "bank problems". This means your money can be stolen and you can't do anything about it. Second: if you buy at Bitstamp and transfer the Bitcoins to Bitfinex, you have to wait several hours during which time the price may dip. And finally, you are allowed to withdraw fiat only once per month a sum less than 1 mil$. Otherwise, you have to pay 3% fee. And since USDT is traded 2% higher than the USD, you are not able to withdraw on a profit USDT. Speaking of arbitrage, it is better to use ETH or other alt, because they are faster. But the premium is smaller, I think 1.5%. Anyway, it is not worth the risk IMO.

Edit. This does not mean that there are no people who take advantage of this arbitrage possibility. I am sure most  of the miners prefer to sell in Bitfinex to have a bit bigger profit. And since the volume is very low recently like 1.8K for a time last Sunday and 6-7K like today, this may have a significant negative impact on the price. If the price is the same, not many miners will risk to use Bitfinex. So for me, the sooner this gap is closed, the better.

Sharp analysis! Are you a (former) miner by any chance?