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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26330649 times)
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JayJuanGee
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July 12, 2019, 12:40:50 AM

And here I was thinking you were one of roach's degenerate cousins (or uncles or brothers).

I like how your life mission is to literally scam people by trying to trick them into trading their labor or goods that has real value for imaginary, valueless timestamps and you're unable to look in the mirror and notice that it's you that is the trash of the universe scammer.  You and that guy are both bottom of the barrel humans.

Agree that bitcoin has a timestamp component.... every 10 minutes, on average.

You know that bitcoin is more than a timestamp, right?

Of course you know.

You participate in this forum for more than 5 years under two names (both with roach in them), yet you try to summarize bitcoin as merely a timestamp?

It's like your butt buddy, rebal15, yesterday.  He asked why bitcoin's price matters?  You understand that bitcoin has a price, or are you also ignorant about why bitcoin has a price?  Surely a timestamp would be less justified to have a price; however, if part of bitcoin's continuation is built on incentives, then part of the incentives come through its having a price, and over the years, bitcoin will maintain a certain level of security because of incentives to mine it, and its price.  The timestamp becomes secure also, because of the price and the resources that are put into bitcoin to make it difficult to change (aka immutable). 

Of course, bitcoin is a package, and there seems to be a lot of regular people who are focusing on price in terms of the power that brings them to transport value without asking anyone and without going through systems of KYC.  The ledger (timestamp) component will keep track of the value, but Jesus Fucking Christ, think about how few people are currently using or buying into bitcoin, and as more and more people buy into bitcoin, including more and more financialization, you can hardly help but to recognize that the value of the bitcoin token is going to be going up with the passage of time.  The coming couple years seems so likely to leave PMs in the dust, like there is no tomorrow. 

Hopefully, for you, PMs will be able to retain some value or hold value relative to fiat, but relative to bitcoin, you folks who are hanging onto PMs and hoping that they appreciation (or hold their value) are likely going to continue to lose more and more ground to bitcoin.  Bitcoin is more practical than PMs such as gold, and sure the built-in timestamp is part of that built in accountability, verification and the scarcest fucking thing the world has ever witnessed.. better get on board, roach... and of course, there may still be some time for you to slowly exit out of your PMs and take a BIGGER position in bitcoin.
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July 12, 2019, 12:44:22 AM

If you wanted a bling bling picture than you should of maybe asked. My face would still be covered though

It's up to you if you believe that sharing pics of yourself and your various activities might help your credibility or authenticity.

There are some members in this thread who voluntarily share, on a fairly regular basis, quite a few situational pics.  Not everyone agrees with this approach, but there are arguments that it could serve a purpose.
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July 12, 2019, 12:47:07 AM

Thank you for the Oscar, an applause would be welcome too.

Forget it, i am in for the Crypto Community not vs. it.

It was for Trump, dah?

Bed time you little brat. Don't forget to wash your teeth.
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July 12, 2019, 12:50:13 AM

Holy shit, Trump just tweeted a bunch of hater shit about Bitcoin and Crypto in general. Time to get this asswipe out of office. I used to like some of his actions, but fuck him and his USD shitcoin!

https://twitter.com/realDonaldTrump/status/1149472285905940480

"I am not a fan of Bitcoin and other Cryptocurrencies, which are not money, and whose value is highly volatile and based on thin air. Unregulated Crypto Assets can facilitate unlawful behavior, including drug trade and other illegal activity....

....Similarly, Facebook Libra’s “virtual currency” will have little standing or dependability. If Facebook and other companies want to become a bank, they must seek a new Banking Charter and become subject to all Banking Regulations, just like other Banks, both National...

...and International. We have only one real currency in the USA, and it is stronger than ever, both dependable and reliable. It is by far the most dominant currency anywhere in the World, and it will always stay that way. It is called the United States Dollar!"

He better get congress to immediately begin working on a cease and desist letter to send to bitcoin, like the letter that was sent to facebook.   Shocked Shocked
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July 12, 2019, 12:50:24 AM

Let us pause for a moment and reflect - the president of the USA just dissed bitcoin and that president is Donald trump.

Imagine saying either would happen on here in 2010/11/12. You would've had a new one ripped for you.
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July 12, 2019, 12:52:30 AM

You know that bitcoin is more than a timestamp, right?

JayJuanGoyim, Trump's tweet was not incorrect when he said "Bitcoin is not money".  It's a currency, and all currencies are valueless pump and dump scams based on artificial scarcity that start at a value of zero and return there. The only thing he failed to mention is that the US dollar is also a currency.  He also conveniently left out what actually is money...but he's hinted at it before:





Also, get ready for 20:1 gold to silver ratio.

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July 12, 2019, 01:00:16 AM

You know that bitcoin is more than a timestamp, right?

JayJuanGoyim, Trump's tweet was not incorrect when he said "Bitcoin is not money".  

Now you are going to start citing Trump, as if he has any brains?



It's a currency, and all currencies are valueless pump and dump scams based on artificial scarcity that start at a value of zero and return there.

All currencies are not the same, diptwat.  Even you know that.  

You try to suggest that gold is a more valuable form of currency, don't you?

Well, if gold is more valuable than regular fiat currency, then bitcoin is more valuable than gold....

We know that gold also got screwed up by paper printing of it, yet it is going to be more difficult to accomplish paper printing of bitcoin, because people can more easily reclaim their bitcoin, which is much more difficult for gold.


The only thing he failed to mention is that the US dollar is also a currency.  He also conveniently left out what actually is money...but he's hinted at it before:





Well, going back to the gold standard could help to make the USD more sound, but I will believe it when I see it.


Saying something is one thing, making progress in that direction is another thing.

The debt is so god damned BIG that it would be quite difficult to get all of that under control... Good luck with getting a lot of that sorted out in the next 10 to 20 years.
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July 12, 2019, 01:01:17 AM

JayJuanGoyim, Trump's tweet was not incorrect when he said "Bitcoin is not money".  It's a currency, and all currencies are valueless pump and dump scams based on artificial scarcity that start at a value of zero and return there. The only thing he failed to mention is that the US dollar is also a currency.  He also conveniently left out what actually is money...but he's hinted at it before:

Really?
How about this part:

Quote
We have only one real currency in the USA, and it is stronger than ever, both dependable and reliable. It is by far the most dominant currency anywhere in the World, and it will always stay that way. It is called the United States Dollar!

Not convenient enough for you?
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July 12, 2019, 01:03:48 AM

r0ach you have a lot of brain power - of really bad quality.

In others words you should probably get laid - at least once in your miserable life.
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July 12, 2019, 01:11:46 AM

Ever notice I'm the only person in this thread that knows what they're talking about?  Here's Zerohedge front page news today:



Then here's the post I made yesterday:

Reply I sent to Anonymint earlier as to why I think the system is probably real close to implosion.  He seems to think this will be a long drawn out thing with a "strong dollar" for an entire 8-10 years from now.  I don't really see it as possible as I explained below:

Quote
strong dollar vortex peaks circa 2024 to 2028

I HIGHLY doubt the dollar can possibly stay strong that long.  Very implausible.  A few weeks ago I was talking about how things like gold have been in bull markets hitting near or record highs in all other currencies like Australian Ponzi dollars, Canadian Ponzi dollars, etc.  The US dollar is the odd man out in all these charts and is obviously way overvalued even more than it's normal overvaluation.  Out of all the currencies in the entire world, it's the US dollar that needs to devalue the most at the moment.  I expect massive dollar devaluation soon-ish.

as they see interest rates start to rise after 2021

Seguing from the above comment, there's a reason why the dollar is currently so overvalued.  Interest rates will skyrocket as soon as dollar devaluation occurs and collapse the entire system.  So from my assessment, the system is probably far closer to an end/reset than you think it is.  You're talking about having "strong dollars" for another entire decade here, but as I talked about earlier, the dollar is the clear odd man out and must devalue.

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July 12, 2019, 01:18:36 AM

Holy shit, Trump just tweeted a bunch of hater shit about Bitcoin and Crypto in general. Time to get this asswipe out of office. I used to like some of his actions, but fuck him and his USD shitcoin!

https://twitter.com/realDonaldTrump/status/1149472285905940480

Yeah, I dunno. Seems like there is at least a kernel of truth to every one of his statements.

Well, with the exception of "...and it will always stay that way."

OK, "...which are not money,..." could be argued either way in regards to the current status.

It's actually somewhat of a sign that POTUS felt the need to expound upon Bitcoin.

Of course, he is the most expoundiest of any president to date.
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July 12, 2019, 01:19:34 AM





Well, going back to the gold standard could help to make the USD more sound, but I will believe it when I see it.

Can't happen. Won't happen. It's useless to even think of it.

r0ach you have a lot of brain power - of really bad quality.

Yeah, that "a lot of brain powder" is probably some ugly form of rusted silver... and hey, does bitcoin corrode? Like gold and silver? Roll Eyes
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July 12, 2019, 01:21:14 AM

Holy shit, Trump just tweeted a bunch of hater shit about Bitcoin and Crypto in general. Time to get this asswipe out of office. I used to like some of his actions, but fuck him and his USD shitcoin!

https://twitter.com/realDonaldTrump/status/1149472285905940480

Yeah, I dunno. Seems like there is at least a kernel of truth to every one of his statements.

Well, with the exception of "...and it will always stay that way."

Probably will stay that way if they back the currency and make it redeemable for silver and gold like it used to be.  The only question is IF it can be done with what they have.  With only gold, no.  But JP Morgan has acquired 1/3rd of all physical silver on the planet for one of their "clients", and that client is undoubtedly the US govt.  Coinage act of 1792 says the dollar is supposed to be 371 grains of silver as well, NOT gold.
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July 12, 2019, 01:23:11 AM

Holy shit, Trump just tweeted a bunch of hater shit about Bitcoin and Crypto in general. Time to get this asswipe out of office. I used to like some of his actions, but fuck him and his USD shitcoin!

https://twitter.com/realDonaldTrump/status/1149472285905940480

Yeah, I dunno. Seems like there is at least a kernel of truth to every one of his statements.

Well, with the exception of "...and it will always stay that way."

He said Bitcoin is based on "thin air." This is a proven lie bc 14 intelligence agencies have incontrovertibly shown with science that its based on lambos, memes, and pics of hot chicks climbing walls.  Cheesy

I will use back channels to offer to drive to Washington in a Lambo with several hot chicks with rock climbing gear to speak with Trump and change his mind about Bitcoin.
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July 12, 2019, 01:24:17 AM

Lying kike Ben Shapiro is shilling FOR Bitcoin, so that pretty much gives it away as being a Jew scam/bait and switch to a cashless society slavery system:

https://www.youtube.com/watch?v=KfPX59y4KxE

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July 12, 2019, 01:28:52 AM

He said Bitcoin is based on "thin air." This is a proven lie bc 14 intelligence agencies have incontrovertibly shown with science that its based on lambos, memes, and pics of hot chicks climbing walls.  

OK, that was kinda funny.

But Bitcoin's value -- as with that of any monetary instrument -- is based upon nothing but faith. Faith that it will be accepted by another. As such 'thin air', while being a possible stretch, is not altogether false.

Unclear why your panties are in a bunch. What exactly would you expect POTUS to say about Bitcoin?
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July 12, 2019, 01:31:49 AM

But Bitcoin's value -- as with that of any monetary instrument -- is based upon nothing but faith.

This is just not true because your reference point is humans.  So any type of commodity money resource that falls within or facilitates the base levels of Maslow's pyramid is NOT based on faith, but NEED.  This is why things like bags of rice were used as money in the past.  

The purpose of money is to transfer value from the present to the future, so a non-perishable, physical commodity relevant to human needs is required, otherwise it's just a confidence game scam that collapses (bitcoin).  We shifted from things like rice to metals because rice isn't non-perishable enough.  You could attempt to use something like lumber, but then you fail criteria such as fungibility, portability, etc.  There's a reason the noble metals always come out on top as the Schelling point of money, because all other commodities fall short in comparison.
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July 12, 2019, 01:37:22 AM

He said Bitcoin is based on "thin air." This is a proven lie bc 14 intelligence agencies have incontrovertibly shown with science that its based on lambos, memes, and pics of hot chicks climbing walls.  

OK, that was kinda funny.

But Bitcoin's value -- as with that of any monetary instrument -- is based upon nothing but faith. Faith that it will be accepted by another. As such 'thin air', while being a possible stretch, is not altogether false.

Unclear why your panties are in a bunch. What exactly would you expect POTUS to say about Bitcoin?

Indeed.   “In God We Trust”

If that’s not an expression of faith...
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July 12, 2019, 01:38:47 AM

BTC Peer-to-Peer Trading Rises Amid Ban on USD in Zimbabwe: Report

Artile Source: https://cointelegraph.com/news/btc-peer-to-peer-trading-rises-amid-ban-on-usd-in-zimbabwe-report

This is bad news Zimbabwe bitcoiner?
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July 12, 2019, 01:39:26 AM

Ever notice I'm the only person in this thread that knows what they're talking about? 

I had not noticed that you knew much of anything that others here did not already know.
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