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

[Lambie Slayer]

Starting to think these ETF rumors for the May 21st approval might be real. More and more its starting to feel like insiders are buying bc they really know something we dont. ETF please and pamp it please!

[VB1001]

https://twitter.com/100trillionUSD/status/1129688628593143809

https://bitcoinist.com/bitcoin-price-stock-to-flow-ahead-7300/

We are ready again.

Good morning WO,s

[Cryptotourist]

I was pondering about the 3600BTC sale on Bitstamp.
It seems odd to me that Kraken & Bitmex followed, but not Bitfinex & Binance.
Also 3600BTC is half of the 7200BTC that was supposedly 'hacked' from the later.

Not saying it's related, but there it is.

[VB1001]

M2 money supply in 1959 = $286B, 2019 = $14.5T, or about 6.76% a year.
Dow Jones Industrial Index in 1959 = 588, 2019 = 25764, or about 6.5% a year.

Stock market as a great "investment" loses its luster when looking at real inflation.

https://twitter.com/jimmysong/status/1129767782969688066

Flood the market by printing more papers, result> all false.

[jojo69]

I'm having these sensations in my private parts

[Theoak*]

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.

Stop trolling, Cryptobimbo.  Everyone knows women are not capable of surviving on their own under law of the jungle.  Their entire evolutionary strategy revolves around attempting to manipulate men to protect them and provide them with resources.  Everything about you from the way you think, the way you talk, the way you fake cry when you get caught doing something wrong to try and get out of it, is evolutionarily designed solely to try and trick, deceive, or exploit men, because without the man you just flat out die in most time periods of history.

Absolutely nothing pisses a woman off more than a man that knows exactly how their brain operates since it then becomes impossible for their manipulation and deception to work, then they have millions of years of evolutionary strategy down the drain.  Women are solipsistic creatures incapable of self introspection and would never admit it on their own, but when called out and described in detail, they say "oh shit, that is how women are designed.  Dammit, the goyim know.  I need to pretend it's not true".  So just like a woodpecker has no reason to exist without a tree to peck on, you have no reason to exist without constantly attempting to manipulate or exploit some random dumbass man.  

This is why women, no matter if they're 10 or 90, are always obssessed with things like romance novels and movies.  You're a mindless biological robot who is attempting to channel their programming to seek out and manipulate or exploit men and just rebranding it into the all encompassing term "romance".  You whine about my post because it's the truth, and the truth is very inconvenient for you.

One of your big thinking flaws comes from the fact that you generalize group properties and attribute them to each individual of a group like its a certainty.

All you've done is identify an inherent weakness in your own thinking and a strength of mine.  Females only care about things like interpersonal relationships and they're completely incapable of macro-view of populations.  This is why you have all these braindead women in Europe welcoming in invaders.  Even if you scientifically proved to them that 80% of the invaders would gladly murder them with an axe, they would say, well, it's only fair we let them in anyway because the other 20% are perfectly wonderful people.

Stereotypes and generalizations exist for a reason.  It's an inherent survival strategy.  Maybe cats don't like water because over millions of years, something would eat them when they got near a lake.  Claiming generalizations are bad is completely idiotic.  Stereotypes would also not even be offensive if they weren't based on the truth.

Women as a whole are not good thinkers or philosophers or anything like that because everything about your judgement is clouded by out of control hormones, motherly instinct, and all the other things that generally make women as a whole bi-polar-esque, overly emotional, irrational, and unstable.  Find something else to compete in because you're not logical enough to compete with me in any type of thinking activity.

Although I’m a bitcoin bull and I am somewhat entertained by your posts centred towards PM’s. I whole heartedly agree with your outtake on women and it is pretty much spot on. Most who disagree have been feminised by a society who keeps pushing the agenda that men and women are equal.
Crypto queen offers nothing of value here except shots of her fake French manicures, fake boobs in front of food? This is a gross representation of women today, desperate for attention and will seek it anywhere they can get it.

I like you microgoosens, Your twitter links give temporary relief to those of us holding in down trends. This woman of yours is no saint, think how many men have been through her before you and how hard they’ve been through her. Women like that can’t love for life, as with each guy they sleep with a piece of them breaks off and they become bitter, insecure and untrustworthy.

Something to think about moving forward.


As for roach, I know you think btc is set to implode and one player is manipulating the market in his favour. If true, how long do you think this can continue on?

[600watt]

fuck the cockroach shill.


btw: this fucked up nazi is playing the WO thread like a fiddle.  p l e a s e  do not quote him, do not try to tell him how stupid he is, just ignore this arsehole

[Dogboy714]

Buy the rumor - sell the news...

Starting to think these ETF rumors for the May 21st approval might be real. More and more its starting to feel like insiders are buying bc they really know something we dont. ETF please and pamp it please!

[Japinat]

What if the news is the approval? I'm sure price will rise even more.

This method might minimize your profit sometimes, it's only applicable to small news that are hyped.

ETF approval is a big news, might be a game changer this year.

Buy the rumor - sell the news...

Starting to think these ETF rumors for the May 21st approval might be real. More and more its starting to feel like insiders are buying bc they really know something we dont. ETF please and pamp it please!

[Olegya199]

Good morning WO's!

[mindrust]

Ignoring the Roach isn't enough, people still quote him. I think some of us has so much free time to waste on roaches.

The fix for that is usually to ignore whoever  quotes the Roach as well but I'll avoid that because otherwise I'll be losing half of the meaningful posts. Some of you guys who quote "the" Roach post good stuff.

For now I'll just manually ignore the Quoted Roach Posts.

[fillippone]

M2 money supply in 1959 = $286B, 2019 = $14.5T, or about 6.76% a year.
Dow Jones Industrial Index in 1959 = 588, 2019 = 25764, or about 6.5% a year.

Stock market as a great "investment" loses its luster when looking at real inflation.

https://twitter.com/jimmysong/status/1129767782969688066

Flood the market by printing more papers, result> all false.

I am an admirer of Jimmy Song, and I support all he does and I am also going to buy his book even if I suck at programming anything, let alone programming Bitcoin... but here I think he got something wrong.

Inflation rate is very different from M2 creation rate.
 You cannot ignore the difference of the two after 2008, when M2 has been created at 5% annually:



 inflation failed to materialise and stayed below 2% (FED target):



You can compare M2 growth with growth in mined bitcoin OR inflation rate in USD (or whatever FIAT or mix of fiat you want) and the deflation in BTC (Bitcoin has been a deflationary currency over the years, having gained purchasing power since 2009).

[STT]

Any comments on this?

Every market can be called faked, the entire currency index is debased and inaccurate so its a given but that doesnt alter silver is looking negative

Easiest take on that would be that world growth is not especially strong.   Silver is a difficult play because its requiring industrial growth in many metals use not just silver.   Gold is a fair smarter or easier thing to play as its moving more within its own class, its also subject to net buying for over a decade afaik.    The case for silver as a monetary metal at all is a decade away, its highly speculative so right now its all about its usage growing faster then supply which relates to world GDP I guess.

I dont see anything like silver coins being an asset with utility, crypto or alternate FIAT standards is far more likely a growth area even if Dollar showed its true deficit weakness rather then reflecting politics.
I'm definitely not negative on silver and I have shares in the worlds largest primary producing silver mine but they are also a gold miner.  Its a long game, ten year time scale and that chart is YTD which is like checking yesterdays tv guide for much accuracy in long term direction.
 Dollar Index is interesting, can it put in a lower high because that scenario falling from that high (while feeling negative now) is very bullish for alternatives even silver but crypto I think is benefiting from excessive dollar liquidity
A plain silver mine must be a tough business as oil rose and market price for silver fell which knocks out the production not easily obtained or mined in conjunction with other minerals
Consider BHP for a silver hold (10th +9th biggest silver mine), they are far more diversified including oil, silver and can afford to pay a dividend for those ten years of waiting for a turn in the tide.


I was waiting on BTC for someone to tell me the news relating to price movement.    The fact its a big bar that has us breaking upwards is correct, its a break of some trend resistance.   In fact its replaying the previous sell off and we must test the highs again I guess

[VB1001]

M2 money supply in 1959 = $286B, 2019 = $14.5T, or about 6.76% a year.
Dow Jones Industrial Index in 1959 = 588, 2019 = 25764, or about 6.5% a year.

Stock market as a great "investment" loses its luster when looking at real inflation.

https://twitter.com/jimmysong/status/1129767782969688066

Flood the market by printing more papers, result> all false.

I am an admirer of Jimmy Song, and I support All he does and I am also going to buy his book even if I suck at programming anything, let alone programming Bitcoin... but here I think he got something wrong.

Inflation rate is very different from M2 creation rate.
 You cannot ignore the difference of the two after 2008, when M2 has been created at 5% annually (Mhh let me check this one) but inflation failed to materialised.

You can compare M2 growth with growth in mined bitcoin OR inflation rate in USD (or whatever FIAT or mix of fiat you want) and the deflation in BTC (Bitcoin has been a deflationary currency over the years, having gained purchasing power since 2009).

Ok, thank you fillippone for clarifying the M2 theme, but I have this phrase, which is the pure reality:

"Stock market as a great "investment" loses its luster when looking at real inflation."

[bitcoinPsycho]

A bit late but ....

[fillippone]

M2 money supply in 1959 = $286B, 2019 = $14.5T, or about 6.76% a year.
Dow Jones Industrial Index in 1959 = 588, 2019 = 25764, or about 6.5% a year.

Stock market as a great "investment" loses its luster when looking at real inflation.

https://twitter.com/jimmysong/status/1129767782969688066

Flood the market by printing more papers, result> all false.

I am an admirer of Jimmy Song, and I support All he does and I am also going to buy his book even if I suck at programming anything, let alone programming Bitcoin... but here I think he got something wrong.

Inflation rate is very different from M2 creation rate.
 You cannot ignore the difference of the two after 2008, when M2 has been created at 5% annually (Mhh let me check this one) but inflation failed to materialised.

You can compare M2 growth with growth in mined bitcoin OR inflation rate in USD (or whatever FIAT or mix of fiat you want) and the deflation in BTC (Bitcoin has been a deflationary currency over the years, having gained purchasing power since 2009).

Ok, thank you fillippone for clarifying the M2 theme, but I have this phrase, which is the pure reality:

"Stock market as a great "investment" loses its luster when looking at real inflation."

Also this is something that need to be clarified:

1. Stocks distribute dividends over the years, those cannot be simply written out, but need to be taken in account.
2. Inflation erodes performance in real terms.

Over multi decades analysis those factors pushing in opposite directions cannot be overlooked.
I was starting to write something, but I found this good read. Good base for further discussion if anyone interested:
http://www.simplestockinvesting.com/SP500-historical-real-total-returns.htm

Executive summary: 1950-2009 YEARLY real total stock return: 7%.
This is not bad IMHO. Missing all the bull run poet 2009 with QE, high stock return and low inflation.

 

[ProfTP]

Good Morning HODLER Companions,

this pump is great!!!!

lets keep this level so we can go much higher over the coming weeks.


I am so tired of all these people just refering to old chart patterns. Lets us go into new places where everybody doesnt know how it will play out.




Have a great sunday, enjoy your time and give a smile

[Globb0]

You bungling idiot, fail on fail in that effort -1

[bitcoinPsycho]

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[LFC_Bitcoin]

Starting to think these ETF rumors for the May 21st approval might be real. More and more its starting to feel like insiders are buying bc they really know something we dont. ETF please and pamp it please!

Do you think so?
I dunno, the SEC seem to hate the idea of a bitcoin ETF, every single attempt so far has been basically told to fuck off.

I don’t think so but I’d LOVE to be wrong on this. I think a bitcoin ETF would take us to a new ATH this year.