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

[Toxic2040]

1h


4h


D


W

[realr0ach]

^God I love this constant Ichimoku cloud spam that relies entirely on Bitcoin being an aggregate market when every single move is always a completely non-aggregate giant red or green candle exploding out of the blue from a single entity.

[fabiorem]

[realr0ach]

Oh, another fool that pretends Bitfinex is not a crooked exchange.  Coinbase has an F rating by the Better Business Bureau, so it's not doing a whole lot better being run by Goldman Sachs members and all:

https://www.bbb.org/us/ca/san-francisco/profile/financial-services/coinbase-inc-1116-454104

I've used Coinbase before a long time ago and it was actually great then, but right around the last halving they seem to have went to complete shit for most people.  I noticed they wanted to ask me 20 questions anytime I logged in too like "where are these coins from? how did you get them?".  It becamse ridiculously intrusive where they treat all users as criminals even vastly worse than using a normal bank.  It wasn't just a one time thing either.  They were asking me this shit every single day LOL.

[d_eddie]

You remind me a lot about the French author Houellebecq

Stop trolling, Cryptobimbo. 

Tasty. Thank you both.

@cryptoqueeen You engage him, you deserve him. But do we?

Well actually this time I think it was worth it. After the hardboiled opening, the script has detail and imagery, and jumps into the first person. Nothing like Molly Bloom, but still.

It seems to me she's among the few with talent for extracting the best from Herr Roachenstein.

[realr0ach]

This is just a symptom of where we are on the S-Curve.  

How can something follow an "S-Curve" that's designed to centralize making it have no fundamentals and no reason to exist, non-fungible and not a commodity so it doesn't even qualify as money, and doesn't scale because LN is just a bait and switch ultra-centralized recreation of the already existing banking system?  You might as well claim Dogecoin is guaranteed to follow an "S-Curve" too.

If Bitcoin is supposed to follow a magical "S-Curve", that means used tennis shoes with the same fundamentals would also follow an S-Curve.  This "S-Curve" word is entirely a pump and dumper scam term because you fail to address any form of fundamentals (or lack thereof) at all.  Since it's not even possible to create a decentralized digital shitcoin (transaction validators always centralize), their only fundamentals are temporary regulatory arbitrage.

[Toxic2040]

1h

[realr0ach]

It's way too late to make it illegal effectively

Both Terra and I agreed that Bitcoin would be useless if they just block fiat transfers to exchanges, so claiming Bitcoin is somehow invincible to the govt now is hilarious.  The fact the govt has NOT blocked these transfers tells you all you need to know, that they seem to support the digital shitcoin scam because they hope to segue it into a cashless society slavery system and hope to distract people away from metals.  

For something to function as money or a unit of account, it has to have some type of price stability.  Bitcoin is designed to have a financial crisis every four years (the halving) for the rest of your life and is impossible to have any type of stability.  It's literally designed from the ground up as a pump and dump scam.  This is why people that call it a Ponzi actually do have merit, because money is NOT supposed to be designed that way with retardedly laughable volatility on purpose.

[Lambie Slayer]

You remind me a lot about the French author Houellebecq with his depressing view on life and his complete failure to connect with the other sex.

Tard gibberish.

LOL, once again Kissless Virgin Roach spends more time ranting about Goose's woman than he spent in the past 7 years speaking to women IRL(mommy dont count!).

[WinslowIII]

It's way too late to make it illegal effectively

Both Terra and I agreed that Bitcoin would be useless if they just block fiat transfers to exchanges, so claiming Bitcoin is somehow invincible to the govt now is hilarious.  The fact the govt has NOT blocked these transfers tells you all you need to know, that they seem to support the digital shitcoin scam because they hope to segue it into a cashless society slavery system and hope to distract people away from metals.  

For something to function as money or a unit of account, it has to have some type of price stability.  Bitcoin is designed to have a financial crisis every four years (the halving) for the rest of your life and is impossible to have any type of stability.  It's literally designed from the ground up as a pump and dump scam.  This is why people that call it a Ponzi actually do have merit, because money is NOT supposed to be designed that way with retardedly laughable volatility on purpose.

Why waste time fudding bitcoin when you could be spending all that time buying metals? Quick, gold is SO LOW!!!!

[realr0ach]

ranting about Goose's woman

^You're butthurt I called out you pump and dump scammers for what you are.  Take Trollgoossens for instance.  His entire goal in life is not to create goods or services, or live off the land or anything like that, it's to try and scam people in poker and take their money.  What do you think he does when he posts on here?  Same thing.  Zero of his posts talk about anything like fundamentals or lack thereof (Bitcoin doesn't have fundamentals because transaction validators are designed to centralize, non-fungible, and doesn't even scale while being centralized).

99% of the posters on here, even people that don't have complete down syndrome and know the stuff I say is true, still insist on posting lies day after day that they know are lies in attempts at personal gain.  This thread is a science experiment testing the honesty of humans and 99% failed.  Unless you give a pass to people like JayJuanGee who are simply too dumb to do any personal evaluation of Bitcoin and notice if it functions in any manner in the real world like the whitepaper claims, or if the whitepaper's claims are even possible, and instead just parrots random garbage Andreas Antonopolous says.  

Most of the whitepaper's claims are even lies at face value for a common buffoon to see like "peer to peer".  It's not - all transactions involve three or more parties.  Or "removes middlemen"  LOL.  All transactions have built-in, rent seeking middlemen.

[HairyMaclairy]

10 year silver chart. I have seen shitcoins with better form



Maybe 1 year is better?  Not really



But it’s bouncing off support right ?  Let’s check the 30 day chart. Uhhhh maybe not.



Well at least the daily looks good right?  Ugh



Now you know why Roach is so bitter.

[realr0ach]

^I have zero worry about holding metals.  And the last chart you posted looks like the typical Jew manipulation long sweep before a rise like you see them do in Bitcoin every day.  Same kikes using the same manipulation and fraud tactics in all these markets.  The only difference is the ESF has currently rigged metals in an inverse bubble where they're the most underpriced assets on earth, and has allowed or even rigged Bitcoin themselves into a bubble to try an distract people from metals.

[HairyMaclairy]

Just because you are emotionally invested in an asset class doesn’t make it a good buy.  

Any half decent trader can see it’s fucked on every possible time scale.  It doesn’t matter if it’s the Jews, the Pope or Adam Smith doing it, it’s fucked either way. 

Here’s a hint: if you want to make money you have to shoot the dogs.

[realr0ach]

^You're pushing the idiotic "metals are not manipulated" narrative.  Silver is the biggest inverse bubble on the planet.  The charts are fake.  It's called painting the tape.  I'll buy the most underpriced asset on the planet while you buy imaginary, valueless tokens that have been rigged into a giant, artificial bubble.  The Comex has already even had technical default, which is why they forward all these contracts to London.  Since there is NOBODY willing to take the buy side of the trade on a fraudulent exchange that's defaulted, the price of Comex metals are even likely to go to zero right before the actual value skyrockets.

[HairyMaclairy]

Even assuming it is manipulated by the Jews, you are losing your shirt every day.   The reasons for the price fall are irrelevant.  

Edit:  hah I’m the one sitting on an average 19x return on investment since 2013 while your silver has just halved over the same time period

[realr0ach]

Edit:  hah I’m the one sitting on an average 19x return on investment since 2013 while your silver has just halved over the same time period

Are you trolling me?  19x is pretty low.  That's a joke compared to mine and probably 90% of other posters digital shitcoin returns who post on here.  What are Bob's shitcoin returns?  Like 1000x?  To be at 19x it seems like you would have needed to be on the wrong side of the trade in a big way a few times.  I've seen people invest a whopping $200-500 or something in EthShitThereum IPO and got lucky holding and dumping near the top and made like a million dollars.  Which is kind of an ominous sign for this sector because when you see stuff like that happen, it means it's going to reflexively snap back the other direction and crush everyone and take all their money.  The market gives and takes away.

[HairyMaclairy]

Bob started in 2011?  Years earlier.  

You certainly didn’t make 19x from PMs

If I can make another 19x over the next 5 years, that would be quite something.

[infofront]

Gold is just fake, analog, (((banker))) manipulated bitcoin.

[realr0ach]

I'm not sure if metals will stay artificially rigged up until the very day of metals revaluation (which won't be too far off anyway), but if they engineer some type of Brexit economic implosion to try and blame recession/stock market plummeting on, the numbers I come up with for what silver can ramp up to and peak out around in the next run are either $74 or $120 based on a lot of different variables.  Then with a full metals revaluation, probably something like $10k gold, $500ish high end silver, $200ish low end.  Even that might not be enough to stop the world from going immediately back into deflationary collapse again and they'd go all the way to something insane like $20k gold $1000 silver.  Things are gonna get nuts.