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

[realr0ach]

Recession soon?  The 'recession' from 2008 never left.  Which itself was just the buying of the dotcom bubble implosion and attempting to reflate it and failing.  Then mark to market was tossed out entirely and it's all an Enron cooking the books scam ever since.  So this whole paradigm is basically still the aftermath of the dotcom bubble pump and dump and it's phantom wealth.  

The natural progression the system wants to take is deflationary collapse of all assets that would wipe out all the banks and send the price of $210,000 houses to something like $70k on a good day.  So they just keep doing more cooking the books scams to try and prevent that from happening.  Low interest rates starting from probably around 1990-ish caused civilization destroying pump and dumps of asset prices due to inability to sustain them and having to unwind in mass deflation at some point.

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[JayJuanGee]

There has been a kind of pattern after the close of the weekly candle, that the pamp comes soon thereafter.

Has been a seeming pattern since about April 1.. if not before that... but whatever, who really knows?

but odds, frankly say, are still around 50/50 ?

From my perspective, you are largely correct that shorter term BTC price direction predictions and even the attempts at predictions of the happenings of certain BTC related events have a tendency to gravitate towards 50/50 calculations, but from time to time, there can be a decent amount of nuance in attempting to predict if there is going to be a BTC price movement of 5% or more within a short period of time (less than 24 hours, for example).  

So, for instance, when the BTC price has already moved upwardly and maybe already made a 5% movement in the upwardly direciton, any of us long term  BTC watchers might start to assign probability values of 52% or even very bold assessments that BTC's price is going to go another 5% up of perhaps assign 55% odds when we are feeling outrageously certain, and those kinds of feelings can really begin to vary from time to time, even while they have a tendency to gravitate back towards 50/50, as indecisive and boring as that might seem on the surface.

And, at the same time that many of us are having quite decently large sized difficulties attempting to predict the short-term BTC price direction or other BTC happenings, at the same time, many of us sentiment wafflers who happen to largely HODL BTC are becoming richer and richer and richer, even while we are having difficulties predicting BTC's short term price direction future with any kind of precision beyond what appears to be wafflening.    Crying our lil selfies all the way to the bank (aka our Trezors and Ledgers).

[JayJuanGee]

BTC is following gold too much lately. Doesn't that bother you guys? I miss the days where bitcoin was moving independently, freely. Now gold goes up 1%, btc follows with 5%. Maybe it really became digital gold, digital
Store of value...

Bitcoin does not follow.  It's its own thingie - ma - jiggie.

[realr0ach]

If you had actually watched the markets, you would have noticed it was some scammer turds trying to artificially raise Bitcoin to make it *appear* to mimic metal's upward movement.  But while there was high volume in metals, there was zero volume in Bitcoin because it was entirely artificial, painting the tape mimicry.  So, no, Bitcoin was not correlating with metals, it was scammers trying to make it appear that way.

[Hueristic]

New poll incoming.



86 of you are doing it wrong  

I am optimistic for BTC in the long term, but thinking more about BTC than sex is terribly unhealthy, for obvious reasons.

You'll grow hair on you palms?

[realr0ach]

Hey, JayJuanGee.  Do you ever get mistaken for a man?

[JayJuanGee]

It will be very interesting to watch people trying to use Bitcoin after the global economic system blows up.  It's not even a 99% chance, but 100% odds people will laugh at your face and demand real, physical gold, silver, or copper instead.  I damn sure will not be accepting any digital shitcoins, nor have I met ANYONE in real life that differs in opinion on the subject.

This post shows the level of your lunacy.. or your misinformation or whatever the fuck you want to call it, roach.

You assign a 99% or a 100% probability to events that are likely less than 1% odds of happening... You are talking about a kind of Armageddon.. helrow?   Maybe if you are really into bullshit conspiracies, then maybe you might assign 10%, which is highly unrealistic, but look at you pie in the sky fantasy-landia, with 99% to 100% assignments to 1% likelihood events... what a fucking goof.

[JayJuanGee]

Is this one thinking big enough? Nengo Atoll

2 hour (775km) private plane flight from Tahiti.... yep your in fucking nowhere.... sipping booze from a coconut....
It’s big and flat enough to plant a runway for worlds biggest jets.
Big enough to build houses for everyone you know.
Beautiful water (inner atoll sea) for diving...

There's a ton of little shack houses in those pictures already there.  How many people live on that island already and who the hell are they?  If you buy the island, do you just kick them off or something?  And if nobody lives in those dozens of shacks, what the hell are the shacks for?  I'm guessing one reason there's not a lot of interest from rich people is because it's...an atoll...and the thing is basically underwater already.  Any type of bad weather and the whole thing is submersed and you die.

Hahaha. The shacks are usually from vanilla farmers, you can kick them off. They are selling the place... it is a freehold.

“It provides the opportunity for its owner to organize his/her life and lifestyle exactly as he/she wishes……“

The place does need renovation but wtf you can build anything you like.
And the sea level isn’t going to rise that much, not like it will rise 10m. So just build your mansion a little higher up and towards the inner sea protecting you from the weather.
I’d rather sit on a pearly white beach than a high ugly rock.
Many countries successfully live on atolls and they are breathtaking...

If anyone here were to be buying something like that for anywhere in the ballpark of the asking price of $56 million, s/he better have at least 3x of that value in relatively liquid capital (whether bitcoin or otherwise).  So that would be $56million x 3 = $168million.    Maybe such purchaser could get by for less, but it seems like a bit of a nightmare in the boonies like that - furthermore, better check into insurance and also who's jurisdiction?  Tahiti?  and do you have to provide your own army or do you get any protection from any country regarding pirates?  The threat of pirates could increase the costs, for sure.

[infofront]

New poll incoming.



86 of you are doing it wrong 

Says a Trump guy

You're out of your element Donny!

[realr0ach]

[DaRude]

Blow by blow details here:

https://twitter.com/KatieAnanina/status/1166083984830410759?s=20

Yeah "all smart people already know that faketoshi is real satoshi", sucks for them that the judge wasn't smart just like the rest of us. What a clown

[ðºÞæ]

2 Billion of tax payments for Ira, thats a lot of BTC to sell
https://modernconsensus.com/cryptocurrencies/bitcoin/exclusive-interview-with-craig-wright-just-after-ordered-to-pay-5-billion-in-bitcoin/

[JSRAW]

Switzerland’s first crypto banks receive licences

The Swiss financial regulator has awarded banking and securities dealer licences to two new “crypto banks”. SEBA and Sygnum have been cleared to operate in the new world of tokenised digital securities, a major milestone for the fledging industry.

At the same time, the Swiss Financial Market Supervisory Authority (FINMA) issued rules on how to apply anti-money laundering regulations to the banks   “where the inherent anonymity of blockchain technology presents increased risks”.

[Wilhelm]

New poll incoming.



86 of you are doing it wrong  

I am optimistic for BTC in the long term, but thinking more about BTC than sex is terribly unhealthy, for obvious reasons.

You'll grow hair on you palms?

Your penis will fall off

[nutildah]

2 Billion of tax payments for Ira, thats a lot of BTC to sell
https://modernconsensus.com/cryptocurrencies/bitcoin/exclusive-interview-with-craig-wright-just-after-ordered-to-pay-5-billion-in-bitcoin/

Can't sell something if you'll never get it.



Next up, Craig will say: "Whoops, can't access the trust no matter what."

Everybody (sans BSV muppets): "Why not, because it never existed?"

Craig: "No, because Dave implemented Shamir's Secret Sharing System improperly and the coins are lost for good."

Judge: "Tough noogies. You're still on the hook for $5 billion. And you're still not Satoshi."

[BitcoinGirl.Club]

Good morning WO!
Observing @ $10,230

Not much online from few days. What are the updates?

[ðºÞæ]

2 Billion of tax payments for Ira, thats a lot of BTC to sell
https://modernconsensus.com/cryptocurrencies/bitcoin/exclusive-interview-with-craig-wright-just-after-ordered-to-pay-5-billion-in-bitcoin/

Can't sell something if you'll never get it.



Next up, Craig will say: "Whoops, can't access the trust no matter what."

Everybody (sans BSV muppets): "Why not, because it never existed?"

Craig: "No, because Dave implemented Shamir's Secret Sharing System improperly and the coins are lost for good."

Judge: "Tough noogies. You're still on the hook for $5 billion. And you're still not Satoshi."

One thing you can reliably relay on, State will get its share of taxes. They will not chase something they cant get hold of.
Unless Ira has 2 Billion of cash in his pocket he has to sell BTC.

[VB1001]

Good morning WO!
Observing @ $10,230

Not much online from few days. What are the updates?

Everything is fine.
We have advanced a lot, we are discussing whether it is better to buy a castle or an island.

[DaRude]

2 Billion of tax payments for Ira, thats a lot of BTC to sell
https://modernconsensus.com/cryptocurrencies/bitcoin/exclusive-interview-with-craig-wright-just-after-ordered-to-pay-5-billion-in-bitcoin/

Can't sell something if you'll never get it.



Next up, Craig will say: "Whoops, can't access the trust no matter what."

Everybody (sans BSV muppets): "Why not, because it never existed?"

Craig: "No, because Dave implemented Shamir's Secret Sharing System improperly and the coins are lost for good."

Judge: "Tough noogies. You're still on the hook for $5 billion. And you're still not Satoshi."

One thing you can reliably relay on, State will get its share of taxes. They will not chase something they cant get hold of.
Unless Ira has 2 Billion of cash in his pocket he has to sell BTC.

No, just stop with your BS. You only have to pay taxes AFTER estate gets possession of the asset. And i thought bcash and bsv were both claiming to be original chain, look how fast bsv is backtracking, apparently 2014 bitcoins don't include BSV now?! The next goal for Ira is to get their hands on 500k BSV just to fuck with CSW

In any case, i'm betting faketoshi will now claim that he destroyed they keys and saved all of the bitcoiners from the evil Ira

[BitcoinGirl.Club]

Everything is fine.
We have advanced a lot, we are discussing whether it is better to buy a castle or an island.

Island is better IMO. You can build the castle there 🤪