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

[dyask]

People feeding roach, must be a slow day

If roaches don't find food they can eat the paint off walls.   Masters at surviving but not very clever.

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[El duderino_]

This whole merit thing sucks for wall observer observers. And I got good at it over the years!

Not a bear but back in hibernation nevertheless: Theymos needs to come up with something, like new merits based on activity.

There could be an adjustment, I don't know how, but on activity sure isn't a solution, would be very easy for newbie accounts..... but OG legendaries to get some drop @some times or something or I don't really know..... but I don't think its easy to have something that satisfy everyone equally.

[realr0ach]

People feeding roach

Since you asked, here's a copy of a reply I sent to someone outlining how the dystopian journey of Bitcoin will unfold.  One of the many reasons I'm pro metals, anti-Bitcoin:

The first major dystopian journey of Bitcoin will likely be US lawmakers mandating your transactions have to go through a US-based transaction validator, otherwise it will be deemed laundering.  It's already crazy centralized, then you'll have the choice of sending your transactions through one of 2-3 mining facilities located in your country of origin who perform AML/KYC.  Those validators that are completely controlled and regulated by govt will eventually be converted to some Proof of Stake or Ripple-like system, but that's down the line.  

Each transaction will be gorged with enormous taxes on the fly as it passes through there at 50% or whatever because the govt can't fund itself or afford infinite new, dysfunctional F35s.  Then they'll integrate Lightning Network into those AML/KYC hubs (LN is just a recreation of the already existing banking system) and ramp up the tyranny to the moon making it an exact replica of the cashless society slavery system Aaron Russo talked about.  If the state doesn't like you, your ability to transact will simply be turned off like a Twitter account and not allowed to pass through the hubs.

So yea, in the end, Bitcoin is nothing more than a Pandora's box to empower the state with a bait and switch into a Chinese social credit score system.  It is easily legislated against and taken over because transaction validators are designed to centralize and it's not even possible to create a decentralized digital currency in the first place.  It's the equivalent of placing a giant gun in front of the government that they can easily pick up and use at any time and pretending they're not going to do so.  They'll probably even ditch the Bitcoin token itself and replace it with govtcoin if they can onboard enough people first.

A lot of people know what I say is true but they don't care because they pretend the ability of the state to become involved and completely control bitcoin is somehow going to be good for their bottom line profits.  The only reason the state can become involved in bitcoin is because it doesn't have fundamentals and it's designed to centralize.  So it's a pretty comical view pretending no fundamentals is a good thing.  

[El duderino_]

Btw, I hope everyone  is gonna enjoy this beautiful Saturday......

Cheers

[El duderino_]

Evenin'guys. Just back from Belgium celebrating my birthday with family and some good food and drinks. Cheers!!



Edit: no more foodporn via imgur eh? To bad.

Wrong size copy bbc code in medium size or something

[El duderino_]

^
mmmm clever thinking........ 

[rebal15]

I'm going to make sure you guys are seated next to each other at the 100K party.  

Where you gonna put me in between??

between realr0ach and Gembiz

EDIT: is Gembiz deleted? can't find him. weeehhh

EDIT2: ahh gembitz weeeh weeeeehh

Rebal15 too.

Micpeep will be at the table with those three, keeping them in line.  



Weeee!

A dystopian, Australian, cannibalistic hermit colony run by Vitalik and flying drones is far more interesting than Cryptobimbo.  I imagine 90% of the stuff she says to Trollgoossens revolves around "Trollgoossens, when are you going to take me to so and so", "Trollgoossens, take me to eat at ______", "Trollgoossens, it's hot or cold.  Adjust the AC", "Trollgoossens, take pictures of me with this camera so I can upload them to Instagram in order to try and upgrade to a better boyfriend", "Trollgoossens, you are not making any money doing this stupid gambling thing.  You need to stop gambling and get a job at the grocery store to support me".

We all know you like to make outlandish claims. In this case it's quite easy to compare to reality and to see how wrong and misguided you are. I wonder how much damage this mentality has already done to your personal life, your chance to procreate and your general happiness level. Almost at the point of feeling sorry for you but think it's all well deserved.

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. For me you are completely at the bottom of the masculine hierarchy. Probably for the best your genes die as I don't see humanity having much positive to gain from them.

Just saw my better half already keeps one in line

Weeeeeeeee

Exactamente!!!!  A little drama will make the $100k party a bit moar funner.   

What's a party without some funs? 

Some kind of cryptoqueen variation of this:

What's wrong with you? Do your brains have scientific logic? Do you use mathematics in your life? If I buy at 20k and the price of the BTC goes up to 100k, will I miss the party or not? Do not post when you are at Lambie's party or at least think before posting.

For 100k FOMO, you need to ask infofront to ask his father John Mcafee to make a twitte, then micgoossens will do copy past on all bitcointalk topics. A week later, Lambie will invite Elon Musk to his party and ask him for another twitte then micgoossens will do copy past again and JJG will quot pretending the price of btc will reach 100k in 1 second.

[rebal15]

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

19x overall or per year?

19x of what? Of 1$, 10$, 1k$......
Use math.

[El duderino_]

https://twitter.com/RedditBTC/status/1129400796938948609

[rebal15]

JJG, you have a lot of patience with the trollers.

When the subject is rich in information, it is worth to talk about it.

[rebal15]

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.  

You dumb-ass fuck, roach.

It does not take too long to figure out that I can use bitcoin to move value anywhere in the world with hardly any fees and no fucking one can stop me - even 100s of millions of dollars if I were to happen to have that much money.

Even on smaller scales of $5k to $100k, I can easily transport those sums around any place in the world too, who is going to stop me?  As compared to other monetary/asset mechanisms to attempt to accomplish the same ease of actual application that can be done last year, last week, today and likely next week and at various points in the near future (at least in the next few years, if anyone were to want to actually plan to carry out such movement of value in the future that can clearly and unambiguously  ---- it's not speculation you dumb-ass be accomplished through bitcoin today).

That's why BTC is better for the third world, BTC will help immigrant for money transfer denied by their dictator leadership with the help of actual monetary system that allow dictators to transfer and invest money all over the world

[rebal15]

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

Gold is in your pocket, home and soon in your car.

[El duderino_]

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

Gold is in your pocket, home and soon in your car.

BTC can be everywhere with you, whiteout the needs to have it physical with you, now how beautyful is that??

You can chose to bring it physical or not physical

[bitcoinPsycho]

I collect iron ore bars it's great and cheaper than gold.must not let the o2 in though

[realr0ach]

https://twitter.com/RedditBTC/status/1129400796938948609

That was god awful, Trollgoossens.  Reading that thread was cancer.  Szabo is just trying to create random, nonsensical buzzwords out of thin air to trick people into using digital shitcoins instead of physical metals.  He was involved in the Ethereum scam in the past, and now that he can't fool anyone into using Eth, he's just like "Please use any digital shitcoin at all, I beg you.  The govt pays me to try and lure you into them.  Here, have some meaningless buzz words!"



Mining is not even a static variable.  By his own reasoning, Bitcoin is not "unforgeable costliness" because it's hash power started at zero and can return there at any time.  Jesus christ, what is this garbage I'm reading. Never trust a lawyer, govt contractor, or anyone who has ever been involved in Ethereum.  I think this guy checks off all three of those.

[rebal15]

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.

Bitfinex is the only world wide public exchange. Bitfinex don't ask for KYC excpet for bank transfer. Bitfinex let you participate on everything . For example, you can lend your BTC or fiat for passif income. You can borrow at any rate you want for marging trading. Bitfinex respects the fundamentals of cryptocurrency.

[Cryptotourist]

19x of what? Of 1$, 10$, 1k$......
Use math.

Yeah HM, listen to rebal & use math meth.

#

~ what is this garbage I'm reading.

Exactly my thoughts on the last couple of pages.

#

Bitfinex is the only world wide public exchange. ~

LOL. Fucking genius is what you are.

[realr0ach]

Bitfinex is the only world wide public exchange. Bitfinex don't ask for KYC excpet for bank transfer. Bitfinex let you participate on everything . For example, you can lend your BTC or fiat for passif income. You can borrow at any rate you want for marging trading. Bitfinex respects the fundamentals of cryptocurrency.

I've used Bitfinex a lot, even staying up 72 hours straight in a row trading there and witnessed so much crooked bullshit go down it's unbelievable.  Like you could see someone on the order book trying to flush the longs out, and then when he failed, the plug was just pulled on the exchange entirely to try and flush them LOL.  None of the shit is regulated so of course they can do that to scam you.  They've admitted to trading on their own exchange against their customers just like the bucketshop Bitmex.

They have access to all stop order information being the people who run the exchange and all, and can then try to sweep all the stops themselves or even sell that information to 3rd parties.  What is there to stop them?  It's all unregulated bucketshops so they can even do it legally.  During Brexit, I saw the most illogical trades I've ever witnessed in my life where a single entity rammed the market way down and was unloading massive shorts at the bottom instead of covering there.  It was Gox-level illogical trading activity.

Then Brexit happened and the market popped up and they were unable to cover those shorts and then magically Bitfinex claimed they were 'hacked' and lost all customer funds, when in reality, it appeared someone was trading with customer funds or naked shorting and the trade blew up on them.  Here's a picture from the orderbooks when it happened:

[Cryptotourist]

Yo r0achie, rebal15 looks up to you, he even calls you Mr. r0ach, don't crush his intellect like that, chances are that he will not recover.

On second thoughts, fuck it, FIGHT!

[realr0ach]

Gonna go rest at the Eagle's nest while JayJuanGee & Trollgoossens think up some nonsense to type.