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

[jojo69]

Shelby also has slight mental health issues

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[realr0ach]

What is more likely is that several computers or servers were used to mine the first million coins

More likely?  It's a fact.  There are three very inconvenient facts about Bitcoin.  

1)  The first is that it's initial mining was provably done in an edu/govt computer lab.  

2)  The second is that most inventions (or in the case of Bitcoin - designed to centralize scheme) through history don't have white papers.  The fact Bitcoin has a white paper at all tells you it originated from someone indoctrinated into the rigamarole of begging for govt/edu grant money and recognition in post grad studies.  Since Bitcoin obviously did not originate from the private sector, and it's mining was first turned on in an edu or govt computer lab, it would need to originate from someone still in some type of higher education function or post grad studies at an edu, or the govt itself.

3)  By process of deduction, we can most likely assume it did not originate from an edu or there would be people actually talking about it...and there's not.  What does that leave?  Government origin with it's creation classified.

[Cryptotourist]

Driving my buddy's fucking Mustang, roaring at 200km+ open top, was exhilarating.
Peace brothers.
The show must go on.

https://www.youtube.com/watch?v=e8Q5pLeTkMo

[realr0ach]

The amazing Judeo country of Germany after getting rid of those evil white nationalists in the reich:

https://dailystormer.name/germany-eritrean-pushes-mother-and-her-eight-year-old-son-onto-train-tracks-son-dies/

[JayJuanGee]

Quite some time back, I already gave up on selling large portions of my BTC stash, even with dramatic price rises, and there are likely a decent number of HODLers who are in a similar position and does not really matter to them very much if the price is $20k or $200k.

What about $10?
What about $100?

As you've said - "there are no guarantees".

Of course there are no guarantees, and look at you, the supposed Amateur_ coming back with some supposed knowledge about something, when in fact you likely don't know shit beyond what your handlers told you to say.

What do you believe the odds are to go below $8k?

How about $6,500? 

$4,200?


$3,122?

$2k

$1K?

$500?


Probably decreasing odds the lower that you go; however, the odds of $500, $100 and $1 would likely be very similar to one another.

What do you believe that the odds that the BTC price is higher or lower than $14,000 in 6 years (let's say the middle of 2025)?   Greater than 50 % to be higher than $14k at that time, no? 

How about $30k?

$100k?


I think that if you consider bitcoin, you are considering an asymmetric bet, and might not be a bad idea to be a HODLer and accumulator of BTC, even if there are almost inevitable odds that are approaching 100% that the BTC price will go down at various points from time to time and have greater than 30% price corrections, and even larger ones?  AmiNOTrite?

[VB1001]

So Bitcoin is nearing its billionth dollar charged in transaction fees.
It should cross the threshold this fall

https://twitter.com/nic__carter/status/1156212615095492609

Good morning, WO,s

[hd49728]

How to make your decisions right?

[degxtra1]

Seems like last hours, maybe a few days when you can buy for 4digits.

[JayJuanGee]

Seems like last hours, maybe a few days when you can buy for 4digits.

Not gonna be true, unless JSRAW confirms.   

[akram143]

Seems like last hours, maybe a few days when you can buy for 4digits.

Likely a week left for you guys.

[JSRAW]

Seems like last hours, maybe a few days when you can buy for 4digits.

Not gonna be true, unless JSRAW confirms.  

You need good 6-8 hours sleep bro  

I can't confirm anything. For me, everything starts from 15k mark till then am keep filling my small stash religiously.

Next month I am completing my 2 full year cycle from my first BTC transaction. So I don't mind price staying at 4 digits, have to buy some for voodoo rituals

[Lambie Slayer]

Sorry to be bearish gents but I think we wont bottom this summer till we get to about 4900.

I was convinced of this by powerful entities who communicated with me on a recent DMT adventure.

Apparently they trade Bitcoin in transdimensional hyperspace.

I obviously dont post much during times like this bc its no fun but I promised to report.


via Imgflip Meme Generator

Oh gawd..... .... another sorcerer wannabe.  

[edited out]

Your starting to sound like jonov

Sure.. that's another angle... Haven't heard from that broke-ass dude for a while.  Maybe he will be able to buy back all the coins that he sold for under $6k, but guys like that get to cock-assured and too greedy.. .so my hopes are not too high in his ability to recover from dumb.

Have to add I'm deeply disappointed with Lambie lately. He was a permabull when he first appeared but it seems he has turned into a bear now. What is more alarming he started posting his bearish prophecies of the so-called "one last dump before up" theory and now this $4900 bottom post. I'm worried that's a way how most beartrolls earn their merits and post count (also respect from other members) - post bullish things first, turning into bears later. So guys be smart, think twice! We're getting surrounded by werewolves.      

Have to say Im disappointed you would get so suspicious over someone being short term bearish. Im not out to get you. I just like to post my thoughts from time to time. Its not a conspiracy to trick you into giving up on Bitcoin and bowing to the dollar as your master.

Am I pumping shitcoins? Am I deviating from my firm belief that Bitcoin will be the global reserve currency and 1 coin will make any human wealthy in the next decade. Of course not.

Am I tone vays calling for 1k, a price that hasnt been seen for years. Nope, just concerned we will revert to prices seen a few months ago.

Did you get suspicious of Hairy when he was actively shorting as a hedge in 2018 and calling for lower prices for a long while? Hell im not even shorting, just waiting for what I consider cheap coins this summer before I deploy my last fiat for the mega run all in hodl. If it doesnt happen, nbd, its not like I dont have a lot of Bitcoins.  

Pray you get surrounded by hyenas like me.   Im over 90 percent net worth in Bitcoin and have been since '14. If you ever find a day where the average joe is even close to as big of a Bitcoin believer as me then our Lord and Savior King Bitcoin will already be the global reserve currency on that same day.  


Still short term bearish. Id say fight me   but I dont really feel like posting much unless im short and long term bullish.

I will say 4900 is pretty extreme, its more like a floor I dont see us going under. 7-8k would be a more reasonable outcome imo, but this is Bitcoin and shit happens.  I think people shouldnt cry if 4900 is reached bc its still very bullish as a higher low than 3100 of Dec. 15.

You do seem to bring a decent amount of the wrath upon yourself with your ongoing extreme ways of speaking (like one of those know it all dweebs that many of us hated in high school but has only become a phenomenon on the interwebs because we are not able to beat him up in the locker room), but do what you gonna do....   hahahahahaa

 

I do enjoy speaking in extremes, thats a fair point JJG. I can understand if it might irritate someone, especially if they have over indulged in a leveraged long, or just cant stand to hear anyone be short term bearish.

As to your last dig at me, nobody was ever dumb enough to attempt to physically bully me in high school   but feel free to size me up at the 100k party and estimate your odds of success in a high school locker room hand to hand combat situation.

Your statement also implies you may have some secret hatred or ill will for me and this is understandable due to our past arguments where I may have been overly harsh with you on a personal level. My apologies, I should attempt to be friendlier to bulls especially and people in general during arguments/debates etc.

Since we are making jokes and digs.... I get the feeling that instead of trying anything physical, your "wrath" might have involved dropping a very long anonymous letter in my locker if you were upset bc of something "extreme" I said.  

I will buy more if we get under 8k and I dont see how the correction is over now, but time will tell.

While I remain short term bearish(next month or two), we are of course still in a bull market with new ATH's awaiting us after the halving imo, so a countdown is long overdue....



228 days into the new BTCull Market and all is well

[Lambie Slayer]

Somewhat off topic, but the ends justify the means on this one.  

As you know Equifax had a massive data breach a while back and 145 million or more customers had their credit files stolen.

They are paying out 700 million dollars in a legal settlement to victims who come forward. As we know most people will never bother to even check if they were a victim.

https://www.cnbc.com/2019/07/22/what-you-need-to-know-equifax-data-breach-700-million-settlement.html

Turns out Slayer was a victim   and will be receiving a small bit of filthy fiat to buy more Bitcoin with.  

I suspect most of you that hail from the US are also eligible for a cash payout, you can instantly check here if you will be able to receive some filthy fiat from the dirty credit boy'z pockets.

https://eligibility.equifaxbreachsettlement.com/eligibility

If this site says you are eligible, then you proceed to the prompted link and can instantly claim 125 dollars to be sent to you in 90 days, no questions asked.

If you want to get another 250 dollars you also merely describe how you spent 10 hours of your time investigating the data breach or taking actions to remedy any misdoings. Its at a rate of 25 per hour up to 10 hours no documentation required. If you provide docs you can claim another 10 hours, but the gist is you can have a check in the mail of 375 filthy usd shitcoins on the way with a basic description in the form of some efforts you made researching your credit data in the last few years.

Id recommend watching and describing you watched these 10+ hours of videos to inform yourself of Equifax's evil ways. Of course it would be immoral to not watch the videos completely so dont take shortcuts, you are only cheating yourself  

https://www.c-span.org/video/?458597-1/equifax-marriott-international-executives-testify-data-breaches

https://energycommerce.house.gov/committee-activity/hearings/hearing-on-oversight-of-the-equifax-data-breach-answers-for-consumers

https://www.youtube.com/watch?v=RrMsxXYjef0

https://www.pbs.org/newshour/nation/watch-live-former-equifax-ceo-testifies-fourth-hearing-data-breach

TLDR:

So if you live in the US chances are you are eligible as most US credit users were affected. For a few seconds of work you can get the 125 bucks just for pain and suffering, and if you go the extra mile you can get up to 500 more. The first 250 of which is pretty easy.

When you receive your USD shitcoins dont forget to trade them for Bitcoin.


@mindrust, ty for merits above!

[El duderino_]

Chairman Crapo: "I'm pretty confident we couldn't succeed" in banning cryptocurrency - July 30 2019

https://twitter.com/redditbtc/status/1156312505674846216?s=21

And no ethical person should even want to or try!  Bitcoin is a technology to help elevate humanity out of type zero status!  Our technology must become trustless because humans won't anytime soon!

https://twitter.com/piffer55/status/1156318933504409600?s=21

[HairyMaclairy]

Perhaps I am wrong, but I don't think that there will be a significant price appreciation speculation in bitcoin after $50-100K.

To me it looks like this:

Bitcoin price: participants

Below $100: Very early adopters, miners.

Between $100-1000: The first wave of fomo, speculators, savers, accumulators, storage of value, super early hedge funds (I am aware of just one).

Between $150-20000: Early hedge funds, hodlers from the first wave, miners, new buyers (fomoing in) which then sell for alts and eventually getting rekt

Current cycle $3100 to maybe $50K: Hodlers from the prior wave DCAing, few new buyers, more hedge funds, family offices, innovative endowments

Above 50K until 100-300K: Almost exclusively hedge funds and other institutionals. Regular people start to use it as a currency instead of trying to speculate.

Above 100K: Very large funds and hedgefunds, maybe country size funds (Norway, Oman sovereign Fund, Abu Dhabi, etc)

Above 300k: Central banks and governments.

I cannot possibly envision some individual investor speculating that btc will go from 10 tril (~0.5mil/btc) to 15 tril (0.75mil/btc).

TL;DR Soon enough (see numbers) the speculation by individuals will stop and it would be used as a currency/long term SOV.

Can I suggest you don’t think of Bitcoin in $ terms but rather in time terms.

What Bitcoin can achieve in two, five, 10, 20, 40 or 60 years (if you have kids) is likely very different to what we can imagine now.

Sovereign money is not a passing fad.   And people keep losing their keys and leaving dust behind.

[HairyMaclairy]

What is more likely is that several computers or servers were used to mine the first million coins. Since there were no pools, each mined coin comes from a wallet on different computers.

Multiple computers can all use the same wallet. But the nonces on the blocks indicate that they came from a single "system" that was very fast, probably some sort of pool-like configuration.

Or the difficulty was low

[JSRAW]

Your statement also implies you may have some secret hatred or ill will for me and this is understandable due to our past arguments where I may have been overly harsh with you on a personal level. My apologies, I should attempt to be friendlier to bulls especially and people in general during arguments/debates etc.

@Lambie : Not hate!! I think, JJG likes you secretly 

I have some doubt if he wants to come to 100k Party or not?.  Reason = OPSEC - Partypooper 

so no hand to hand combat 

[Cryptotourist]

Incidentally, it is working splendidly so far.

Yeah jbreher, splendidly is far from a couple of recent reorg occasions.

With no known negative consequences.

eta: Other than the loss of the coinbase tx revenues for the initial orphaned miners.

Right, why would it have any negative consequences since nobody uses it, dah?

[HairyMaclairy]

Incidentally, it is working splendidly so far.

Yeah jbreher, splendidly is far from a couple of recent reorg occasions.

With no known negative consequences.

eta: Other than the loss of the coinbase tx revenues for the initial orphaned miners.

Right, why would it have any negative consequences since nobody uses it, dah?

I’m pleasantly surprised that Craig is able to avoid clusterfucks on BSV.   Well unless you consider Craig having to reorg BSV to be a clusterfuck in its own right.

[El duderino_]

US Lawmakers Are Realizing They Can’t Ban Bitcoin

https://www.forbes.com/sites/ktorpey/2019/07/30/us-lawmakers-are-realizing-they-cant-ban-bitcoin/

Damn I was late, missed your post

Sorry