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

[Cryptotourist]

Pfff... since when expressing your point of view = lying? Could you please post a quote of me lying here? Just to make sure you're not making things up ok?

Expressing your view point does not equal to accusing others, & trying - willingly - to distort things.
Check your post history for further details.

Why should bulls "make bearish remarks" and what could be the reason of doing so? 

Good question. What's the time frame?

[STT]

Heh, I remember JayJuanGee denounces me as a bear once, even tho my posts were actually bullish.

To say BTC will only go up would be ironic because it would be calling for the end to BTC, as this scenario surely leads to collapse.   It has to pull back and its positive for the market to do that.    The parabolic formation fits alongside the commentary of those who would call Bitcoin a ponzi, corrupt or fake scheme.    Debating back and forth = actually positive and ditto the market that buys and sells and regularly circulates currency.

There's a 50/50 chance r0ach is Jamie Dimon

I think Jamie is more positive on BTC.    Bankers respect results even if they hate the underlying product they'll go with it anyway in some shape or form.   Plenty of banks ready to back pop or rap music production studios even if the old men on the board hate the product, they respect the market potential I reckon.

[Cryptotourist]

To say BTC will only go up would be ironic because it would be calling for the end to BTC, as this scenario surely leads to collapse.   It has to pull back and its positive for the market to do that.    The parabolic formation fits alongside the commentary of those who would call Bitcoin a ponzi, corrupt or fake scheme.    Debating back and forth = actually positive and ditto the market that buys and sells and regularly circulates currency.

Thanks.
That totally answers serveria's second question above.

[bkbirge]

Interesting article...

While cryptocurrencies may not have replaced the dollar, they have three important positive areas of impact on the existing monetary system, the authors note.

First, citizens secure welfare gains from the existence of cryptocurrencies because they offer diversification; moreover, private digital currencies serve as competition for local investment and thus restrain monetary policy, thereby generating lower inflation.

Second, the authors argue that cryptocurrencies encourage local investment and serve as a complement — not as a substitute — for that investment. In offering an alternative to local fiat, they discipline monetary policy — again reducing inflation — leading to higher returns from investment and thus more investment overall.

Third, the government itself gains from permitting the use of cryptocurrencies within the local economy, given that it extracts revenue through taxation and thus benefits from the higher levels of local investment.

https://cointelegraph.com/news/bitcoin-simply-existing-positively-impacts-monetary-policy-research

[Biodom]

sex thinking is closing on bitcoin...oh, no.

those horny otc desks guys/gals are picking up the slack...  /s

[jojo69]

https://www.infowars.com/snopescom-lies-continues-the-911-cover-up/

[Wekkel]

That's the thing Jiggy, when someone makes a bullish post - there are no disputes or confrontations - ever.
On the other hand if a member (non-legendary usually) makes a bearish remark, he can find himself been accused of lying, manipulating or trying to influence newbies, & even as far as trying to discredit other members that might have the same opinion. That's what serveria did, and that's why I felt that I had to explain myself. Also that's why he is a liar in my book.

In any other case, of course there is no need to explain anything regarding an opinion/position.

He he, you found the WO-formula ... 

Bitcoin maximalism is rampant. Twitter is also full of virtue signalling idiots.

Luckily, Honey Badger does not care for NPCs.

[nutildah]

One of the best meme templates of all time, captured during one of the most honest moments of Alex Jones' career.

[Biodom]

Ivanontech (swedish Ivan that is) on the tube:

https://youtu.be/Fp1V031y8qo?t=541

[bkbirge]

Nope. Looks like you are serious.  Have fun with that stuff.  Keep an eye out for the lizard people.  

LOL, out of sMerit, otherwise I'd give you all of 'em.

Snopes may not always be correct but I'd trust them far more than infowars. Also, the person who was objecting to the snopes link can always go there and verify *their* sources. The infowars type of places never seem to have verifiable sources, for obvious reasons.

I find this graphic to be useful as a gut check when reading online...


Source: https://www.adfontesmedia.com/

[Wilhelm]

Nope. Looks like you are serious.  Have fun with that stuff.  Keep an eye out for the lizard people.  

LOL, out of sMerit, otherwise I'd give you all of 'em.

Snopes may not always be correct but I'd trust them far more than infowars. Also, the person who was objecting to the snopes link can always go there and verify *their* sources. The infowars type of places never seem to have verifiable sources, for obvious reasons.

I find this graphic to be useful as a gut check when reading online...


Source: https://www.adfontesmedia.com/

Nice graph. Saved it.
Looking at CNN and FOX NEWS and it seems to be spot on 👍🏻

[bkbirge]

Nice graph. Saved it.
Looking at CNN and FOX NEWS and it seems to be spot on 👍🏻

I think the Y-axis is equally, or maybe more, important to look at too. I think it's hard to remove all bias completely as journalists are human too but it should be a lot easier to find sources that at least don't make shit up.

[nutildah]

I find this graphic to be useful as a gut check when reading online...

I think NBC, ABC and CBS are a bit more left leaning than the chart proposes (by at least half a quadrant), but other than that I largely agree with it. I made one small addition, see if you can spot it.

[Toxic2040]

-img snip-

Temptation Island (a dumb reality show my GF follows)

Definitely seeing more signs of exposure. Yesterday I heard a large bitcoin spot on a major AM station(yep, still love AM radio) from the metro area. It was some sort of buy now! its better than penny stocks broker kinda ad....still....its happening.

+1 WOsMerit

-----

sex thinking is closing on bitcoin...oh, no.

those horny otc desks guys/gals are picking up the slack...  /s

Even desk jockeys deserve some lovin once in awhile... /s

+1 WOsMerit

------

That's the thing Jiggy, when someone makes a bullish post - there are no disputes or confrontations - ever.
On the other hand if a member (non-legendary usually) makes a bearish remark, he can find himself been accused of lying, manipulating or trying to influence newbies, & even as far as trying to discredit other members that might have the same opinion. That's what serveria did, and that's why I felt that I had to explain myself. Also that's why he is a liar in my book.

In any other case, of course there is no need to explain anything regarding an opinion/position.

He he, you found the WO-formula ... 

Bitcoin maximalism is rampant. Twitter is also full of virtue signalling idiots.

Luckily, Honey Badger does not care for NPCs.

+1 WOsMerit


------

Good morning all.


Looks like an nice shift in momentum has occurred with bitcoin currently trading around $10.7k  I think some consolidation is in order.

#dyor
1h


4h

#stronghands'19

[jojo69]

I want to be clear here.

I used to listen to a good bit of Alex Jones, way back in the day when the only way I could get it was on the shortwave in between the Armageddon preachers.  I have been something of a student of conspiracy since my early adulthood.  Paying close attention during Iran/Contra and the secret wars in Central America will do that to you.

Also, I have always liked to mix up my information inputs.  In a media environment where nearly all content is propaganda of one stripe or another, digesting a diversity of inputs is a good way to train one's mind to recognize bias.

I will also say, Jones' account of his infiltration of the Bohemian Grove event in 2000 remains very entertaining radio indeed.

All that said, there came a time, right around the turn of the century, when he reported on historic events with which I was personally intimately involved, and I listened to him get it, completely, wrong.

I won't elaborate with specifics, but he characterized an occasion of social unrest as a government organized psyops effort that I knew was in fact a very organic grassroots upwelling.  It has been impossible for me to take much of anything he says seriously since.

[sirazimuth]

.....I made one small addition, see if you can spot it.
....

zero hedge...

...do I win  a tee shirt?

I want to be clear here.

I used to listen to a good bit of Alex Jones, .....

https://www.youtube.com/watch?v=WyGq6cjcc3Q

Alex Jones...The Walter Cronkite of shrieking batshit gorilla clowns...

[bkbirge]

I think NBC, ABC and CBS are a bit more left leaning than the chart proposes (by at least half a quadrant), but other than that I largely agree with it. I made one small addition, see if you can spot it.

The site will go through their whole methodology on how they generate their data if you want to go down that rabbit hole, also the plot is from 2018, maybe needs an update as society does seem to be getting even more partisan. Zero Hedge, never heard of them, good to know to avoid. I prefer to stay in the green/yellow zone if I'm actually choosing.

[jbreher]

I find this graphic to be useful as a gut check when reading online...
https://www.adfontesmedia.com/wp-content/uploads/2018/08/Media-Bias-Chart_4.0_8_28_2018-min.jpg

Source: https://www.adfontesmedia.com/

The listing of AP as some sort of paragon of centrist, unbiased reporting tells me all I need to know about your diagram.

[jojo69]

The listing of AP as some sort of paragon of centrist, unbiased reporting tells me all I need to know about your diagram.

I hear that.  It does, however, place Amy Goodman correctly...

[Toxic2040]

I want to be clear here.

I used to listen to a good bit of Alex Jones, way back in the day when the only way I could get it was on the shortwave in between the Armageddon preachers.  I have been something of a student of conspiracy since my early adulthood.  Paying close attention during Iran/Contra and the secret wars in Central America will do that to you.

Also, I have always liked to mix up my information inputs.  In a media environment where nearly all content is propaganda of one stripe or another, digesting a diversity of inputs is a good way to train one's mind to recognize bias.

I will also say, Jones' account of his infiltration of the Bohemian Grove event in 2000 remains very entertaining radio indeed.

All that said, there came a time, right around the turn of the century, when he reported on historic events with which I was personally intimately involved, and I listened to him get it, completely, wrong.

I won't elaborate with specifics, but he characterized an occasion of social unrest as a government organized psyops effort that I knew was in fact a very organic grassroots upwelling.  It has been impossible for me to take much of anything he says seriously since.

Ahh...the Grove..a topic all by itself.

Who was that LA asshole who did the flash friday thing?  That was about as far into the rabid right as I delved...   Young and impressionable is my only excuse.

I've always liked the saying.. 'Just because you're paranoid doesn't mean they aren't after you'.