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

[d_eddie]

Hammer and sickle.
Laura' Larry tuition.
Five-thousand still holds!!

shortcut in Haiku for who wanna catch up 4 pages in 5-7-5

Cheers             (after all its a Sunday)

You had a few more good ones recently
I think you're starting to get haikus now
+1 WOsMerit

[lightfoot]

Capitalism just works.

Here is the obvious answer to censorship:

https://www.cnbc.com/2019/04/30/youtube-algorithm-changes-negatively-impact-google-ad-revenue.html


What opponents of capitalism don't understand is that it is essentially a global voting mechanism. It's the closest we have ever gotten to democracy.

Voting with our dollars, that's the only real vote indeed. Which means politics is not where effective voting happens today. Mostly.

So Youtube killed a whole bunch of socks, and is making less money as a result.

Little like saying that my government is making less money because they are not using civil forfeiture anymore (like they would do that).

Can't say I'd get worked up over either. Socks should make socktube and get all that ad revenue there.

Except that people don't want to view socks, so they use fraud to hijack youtube (and make YT money).

Hm.....

[nutildah]

I always care about BTC price movements, as my bags are heavy with it. If there wasn't any upside for me in this advocacy, do you think I'd be taking the continued abuse?

And in point of truth, if you hadn't noticed, my attempts to gain recognition of the flaws within LN -- at the cost of crippled onchain capacity -- have nothing whatsoever to do with BCH nor SV, as neither of these chains suffer from anemic block size caps.

>says he's invested in BTC
>takes lame shots at BTC every chance he gets

The more breher speaks, the more I think hes a troll that lives in his mother's basement, and owns no crypto at all. Putting him on ignore. Its the healthiest option at this point. What does he actually contribute of value in terms of conversation? He can't absorb incoming information, only rehash tired rhetoric.

feel free to ignore him. i find he is a useful filter of information. ignores drama and fluff, only comments on technical stuff, with the chops to back up his views.

What you consider to be 'chops' I consider to be fluff-based pretentiousness, but to each their own.

[realr0ach]

What you consider to be 'chops' I consider to be fluff-based pretentiousness, but to each their own.

You, Jbreher, Micgoossens and the rest of the Wall noobs are all shitcoiners, you just want to roll around in shit in a slightly different manner.

[Toxic2040]

pretentious 3h look at fluff








#stronghands'19     #dyor           #Elwar&Nadia          #cryptouplift      #MayDay                                                                                                                                     #btd

[HairyMaclairy]

CMON SHORT SQUEEZE LETS GO

Shorts are at record highs.  Let’s make this epic and break $6k.

[Searing]

Some  of you guys seem to act like you are eternal holder.s  Whats the point of making money if you never spend it and enjoy yourself.  Never know how long you will live and you can enjoy it a lot more when your younger.

I was mostly confused when I was younger...still mostly confused...but I can rationalize it as the world being F*cked now...so it is now meh...

[JayJuanGee]

Too little information.

Which one bought Bitcoin?

Are you getting smarter, fatty?

The last few times that you came to this thread you were spouting out some BIG Blocker altcoin pumping nonsense and bashing bitcoin.  You figuring out that bitcoin is the "one"?  Yet?

[jbreher]

Fractional reserve has been working for banks for hundreds of years now, don't see why it can't for Finex. Even knowing what we know now people still hold their money there, it would take 75% of people to withdraw now for them to go belly up think and doesn't look like we're close to that happening, in fact they'd probably be "safe" running at 50% fractional reserve.

To clarify, my post was in reference to the cursive part.

As I see it the real issue is with central banking, over the top tax rates and government wastefulness. Fractional reserve can work if done sensibly and not bailed out by the tax payer. It's no different from debt, which is a highly productive tool.

Blasphemy. Partial reserve banking steals purchasing power -- and thereby wealth -- from the public at large, and concentrates it in the hands of the parasite banking class.

Suppose it was transparent and properly compensated as opposed to the way it was now, e.g. if depositors were paid proper interest for their deposits used in fractional reserve schemes, would you still see it that way?

Yes.

If yes, why?

Because in the fractional reserve banking system, the vast majority of the money that banks loan does not exist until the very moment the loan is made. It is the indebtedness itself that zaps the money into existence. As such, the 'principal' is something that the bank would not have to lend you (or to use for any other purpose), as that money does not even exist before the loan is made. The bank acts like this principal is their money that they are lending. But if it is the very act of borrowing it that zaps it into existence, was it really the bank's to begin with? (Of course not) Why could the borrower not zap it into existence themselves? Only because the bank has been granted under colour of law this exclusive ability to counterfeit new money into existence. And worse, when it is repaid, it is paid to the bank. Money that the bank did not have until the act of the loan zapped it into existence. And to add insult to injury, the bank not only gets this newly created money, they charge interest to the borrower for the privilege of being allowed to counterfeit this money into existence.

Bizarre, but it's the motherfuckin' truth.

Sure - if you can find a way to fix that, and allow for partial reserve banking, I'm willing to listen to your ideas. But if you're feeding me a turd that's been sprayed in gold paint, I ain't gonna go for that.

[realr0ach]

But if you're feeding me a turd that's been sprayed in gold paint, I ain't gonna go for that.

I guess you have no interest in bitcoin then.

[Toxic2040]

4h
standard cloud


doubled cloud

[Paashaas]

Grayscale urges investors to drop gold for BTC.

https://bitcoinmagazine.com/articles/bye-gold-buy-bitcoin-grayscale-urges-investors-to-drop-gold-for-btc/

[smartcomet]

Where are we trading from, gentlemen?
DataLight analysts have done some interesting research, look at this.

source :https://datalight.me/blog/researches/longread/how-are-crypto-traders-distributed-across-the-globe/

The Data is counted on ip addresses, but when mobile app uses carrier’s network, its ip address changes all the time.

There is 3.5M crypto traders in Japan in Apri,2018.
https://www.fsa.go.jp/news/30/singi/20180410-3.pdf
6.14/3.5=1.75

So there may be only 36M traders not 64M in these countries, and 30M traders don’t have bitcoin addresses which balances are bigger than 0.01, but store or buy altcoins in the exchanges.

By “80-20 rule”,  their bitcoins equals 18M*20%=3.6M, every traders get 3.6M/36M=0.1 bitcoin.

In conclusion, 80% traders store 0.1 bitcoin/per user in exchanges, and don’t get their private key by themselves.

[Paashaas]

F*** one out goal needed big time!!!

Liverpool had bad luck, next match will be thought.

[ivomm]

CMON SHORT SQUEEZE LETS GO

Shorts are at record highs.  Let’s make this epic and break $6k.

All is set and ready for another 20% brutal short squeeze.

[ivomm]

F*** one out goal needed big time!!!

Liverpool had bad luck, next match will be thought tough.

C'mon, you have to admit the genious of Messi! He is simply the GOAT! I am a fan of Barca since Stoichkov went there from my favourite Bulgarian team CSKA Sofia. Barca has always been the best in Spain and the winning of 8  La Liga's from 11 proves it. Real is more like Liverpool - a tournament team. Both teams have troubles winning the domestic championships, esp. Liverpool - 20 or more years! Of course, nothing is decided yet - Liverpool can score 3 goals in one half, so Barca better watch out!

[BTCMILLIONAIRE]

The future of silver and gold is bleak.  Technology continues to improve mining yields on earth and over the next few decades we are likely to see a flood of precious metals from mining in space.  

And here's the 4000th retarded post pretending the cost to mine anything in space will not be astronomical.

If you try to do it right now, certainly. But that doesn't matter whatsoever for two reasons.

1.) Costs exponentially decline whenever there is an incentive

2.) Asteroids have so god damn fucking much gold on them that nominal cost is redundant. If something costs 1 Trillion but returns 2 Trillion you've got a viable venture.

And without a doubt at some point in time the cost of trying to get some metals out of space will be so far below the value of the mined metals that somebody will do it.


Also. Nuclear fusion + synthesis.

[realr0ach]

Grayscale urges investors to drop gold for BTC.

https://bitcoinmagazine.com/articles/bye-gold-buy-bitcoin-grayscale-urges-investors-to-drop-gold-for-btc/

Grayscale, a subsidiary of (((Digital Currency Group))), which is affiliated with (((Larry Summers))), whose goal is to abolish all physical cash and place everyone in a new world order digital slave system:

https://www.zerohedge.com/news/2016-02-16/larry-summers-launches-war-us-paper-money-its-time-kill-100-bill

You people on this forum are 100% pure trash.

[jojo69]

Silver on sale today...if anyone feels like diversifying...

I take it you mean litecoin

Nope, the 47 protons variety.

It is, in fact, possible to be a Bitcoin maximalist, non Nazi, and still like a bit of physical now and again.

Off to the LCS, cheers. 

Fair enough.  I must admit reading the posts from  roach has put me off buying  physical metals

Totally get that, R0ach gives everything he touches a bad name, it's like he is a fucking Midas of shit.

I have always thought that stackers and coiners are natural allies, never understood the mutual animosity.

[realr0ach]

I have always thought that stackers and coiners are natural allies, never understood the mutual animosity.

100% False.  Look at my last post above where you have evil cult of Judaism member Larry Summers whose goal is to abolish all physical cash trying to trick people into leaving metals for (((digital currency))) tracking and surveillance slave systems.