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

[realr0ach]

Something is in the air.

It's called the evil cult of Judaism attempting to force people into digital only, cashless, Chinese social credit score systems.  Aka valueless digital scams like Bitcoin where transaction validators are designed to centralize into permissioned ledger, AML/KYC hubs and every non-fungible slave token is tracked in real-time instead of physical metals, the only monetary system of free men.  Boycott everything digital or be enslaved by Jews.

https://www.zerohedge.com/technology/penn-state-prof-social-credit-will-shift-law-west-constitution-analytics-and-algorithm

[marcus_of_augustus]

crickets ...

[gentlemand]

crickets ...

All around the planet traders in their offices have been paralysed with excitement rather akin to those unfortunates in Awakenings. They're frozen with their fingers above the buy button and are only capable of one gurgle every few minutes.

It's going to take a couple of eight balls rammed up their posteriors by passing cleaning staff to unclog them then I expect 1 million BTC volume per hour rising to 1 billion by the end of the day.

[Lauda]

Something is in the air.

It's called the evil cult of Judaism attempting to force people into digital only, cashless, Chinese social credit score systems.  Aka valueless digital scams like Bitcoin where transaction validators are designed to centralize into permissioned ledger, AML/KYC hubs and every non-fungible slave token is tracked in real-time instead of physical metals, the only monetary system of free men.  Boycott everything digital or be enslaved by Jews.
https://www.zerohedge.com/technology/penn-state-prof-social-credit-will-shift-law-west-constitution-analytics-and-algorithm

Are you really that mentally unstable?

[jojo69]

I'll take fries with that.

[Icygreen]

Who believes that history repeats itself?


Source:https://twitter.com/Weightlosspro14/status/1175860149682147330

Well, maybe I don't exactly do it, but we are on our way to that stage.

I remember that 2017 dip explicitly. It's where I realized that I'm not a trader  Yet?

[realr0ach]

Something is in the air.

It's called the evil cult of Judaism attempting to force people into digital only, cashless, Chinese social credit score systems.  Aka valueless digital scams like Bitcoin where transaction validators are designed to centralize into permissioned ledger, AML/KYC hubs and every non-fungible slave token is tracked in real-time instead of physical metals, the only monetary system of free men.  Boycott everything digital or be enslaved by Jews.
https://www.zerohedge.com/technology/penn-state-prof-social-credit-will-shift-law-west-constitution-analytics-and-algorithm

Are you really that mentally unstable?

Good job being a blind fool when this already exists in China and (((Larry Summers))) of Digital Currency Group Bitcoin and all the other kikes tell you they want to bring it here.  Good job also pretending it's not stupidly easily to accomplish this task using Bitcoin itself:

1)  Simply pass a law all Bitcoin transactions must be manually routed through a domestic transaction validator and all of these ASIC warehouses are required by law to perform AML/KYC.  Then you have your biometric, cashless society slavery system by default just passing a single law.  Attempting to route through others will be charged with laundering.

2)  You can think of Bitcoin as a 2/3rds complete software release.  What is the last 1/3rd?  An alias wrapper to link your one time addresses to a single account.  You can call it MIT chain anchor, you can call it what Bitshares already does by default, you can call it anything you want, but the fact it's very easy to do means it will be done and they'll just pass a law requiring you to use it or be charged with criminal laundering.

3)  It's 100% impossible to create a decentralized digital currency in the first place, so you're all retarded scammers.  'Proof of work' is not work.  It's deploying an ASIC that operates on cruise control with no input from you and you collect the equivalent of interest, then parlay the profits into more interest generating boxes.  It works virtually the same as any compound interest system - complete centralization.  PoW has always been a scam.  The only way it wouldn't be is if everyone was forced to manually solve captchas in a race for blocks because you can't parallelize that or put it on cruise control to generate interest, but that would easily be gamed by weak AI.  

Physical metals are money, digital shitcoins are nothing more than govt surveillance system scams.

[Icygreen]

Bros, coiners, England
Camaraderie W O style
Next stop Canada?

[realr0ach]

Next stop is Marcus of Tel Aviv bankrupted after failing to fool the goyim into switching from physical metals to imaginary, valueless, govt tracking system tokens.

[Syke]

WO observing 10k exactly for the bakkt launch, cute.

Three months at 10k.

[Hueristic]

https://www.zerohedge.com/markets/fed-will-restart-qe-november-how-it-will-do-it

"However, and the reason why stocks shot up just before 3pm ET, is that that's when Powell added that “it’s possible that we’ll need to resume the organic growth of the balance sheet, earlier than we thought. ... We’ll be looking at this carefully in coming days and taking it up at the next meeting” in late October. Said otherwise, the Fed may not have announcer QE4 yesterday, but it will likely announce it in the very near future.

Sure enough, as Goldman wrote in its FOMC post-mortem, "we took this as a fairly strong hint and now expect the Fed to resume trend growth of its balance sheet in November with permanent OMOs. It is possible that the FOMC will take that opportunity to also reach a final decision on possibly shortening the maturity composition of its purchases, which it discussed at its May meeting."

So what will the Fed's restart of QE POMO (some analysts, such as Morgan Stanley's Matt Hornbach are very sensitive not to call the return of POMO as QE even though both are effectively the monetization of US Treasurys and the US budget deficit) look like?"

"And so, in just two months QE... pardon the Fed's open market purchases of Treasurys, will return after a 5 years hiatus. Just don't call it QE, whatever you do."



Money printers are going to be very busy helping us get to 100k.  Its almost as if they are our employees or personal servants

Yeah so I read that article and have no fucking clue what the hell he was saying ("organic growth" right after they printed that button of cash) so would you ELI5 this shit for us that don't speak "Insider lingo" and know what all those abbreviations mean.

The Fed has a "balance sheet." This is all the securities they own bought with money USD Shitcoins
printed out of thin air. The Fed uses complex jargon that most people dont truly understand like POMO, OMO, SOMA, and QE to obfuscate the fact they are just printing money, which even 5 year olds understand.

The Fed wont let Congress audit them and the American public and most of the American politicians have no idea what assets the Fed is buying and hodling with its printed shitcoins or how many shitcoins they are really printing. We do know that the Fed is Americas largest landlord as they own trillions of dollars worth of residential mortgages.

https://www.pbs.org/newshour/economy/making-sense/how-the-feds-balance-sheet-works-and-why-investors-care
"The Fed’s assets are made up mostly of government-backed securities and mortgage-backed securities that are issued by Fannie Mae and Freddie Mac."

They are the primary reason housing is unaffordable for most and cities like San Fran have streets covered in poop from hoards of homeless.

If I was a powerful wizard with a magic scepter that could enslave mortal Central Bankers and put them under my spell, I would use this scepter to make the Fed print lots of money and call it POMO, OMO, QE, and lower interest rates to near zero. This would inevitably send my Bitcoin to 1 million usd each and beyond and make me a fabulously wealthy Wizard. Unfortunately I dont have this scepter, but bc Im a lucky SOB the Fed is fulfilling my fantasies by doing this of their own free will.

Now that is an ELI5 even I can follow!

via Imgflip Meme Generator

Yeah last evening when I went to bed.... I quickly opened the WO and saw XhomerX Made this HAT, thought it was a very cool one... Will wear it for a few days Then gonna go back to the 15K battle HAT

Kind of looks like an orgy.   

Who believes that history repeats itself?


Source:https://twitter.com/Weightlosspro14/status/1175860149682147330

Well, maybe I don't exactly do it, but we are on our way to that stage.

I remember that 2017 dip explicitly. It's where I realized that I'm not a trader  Yet?

I lol'd

[fillippone]

It’s the BAKKT day:

Bakkt Bitcoin Futures are now actively trading on ICE Futures U.S., while the Bakkt Warehouse continues to onboard bitcoin

We take our customers’ trust seriously, and are excited to serve this market

https://twitter.com/bakkt/status/1175945114671337472?s=21

I doubt BAKKT is more excited to serve the market than the market to use BAKKT!

Product description and details on ICE website:

https://www.theice.com/products/72035464/Bakkt-Bitcoin-USD-Monthly-Futures-Contract/data?marketId=6137541

Edit: volume 18 BTC so far!

[jojo69]

I am aquiver with excitement

[marcus_of_augustus]

12 trades on bakkt in 6 hours ... assuming this represents current genuine institutional demand (no spoofing, specs, etc) then 1 Mbyte blocks is just fine for the foreseeable future.

[VB1001]

https://www.theice.com/products/72035464/Bakkt-Bitcoin-USD-Monthly-Futures-Contract/data?marketId=6137541

Bakkt futures monthly, in real time, in the red circle number of Bitcoins...


Judging by the amount of Bitcoin traded, there is the same interest as in the wohats blog.

The blog is a legacy for your children or grandchildren.

https://wohats.blogspot.com

[mindrust]

Contract Size
1 Bitcoin

I know they are not targeting plebs with signatures but what'll happen when BTC hits 100k? They'll be losing customers because there will be less and less people around with 1 btc and I am quite sure they won't be fucking around.

BTT still asks 50btc for a VIP membership. It used to be as low as $260 How many VIP's is Theymos getting lately?

This looks like self destruction to me. It was all air.

The only thing matters now is the charts and the game and whatever happened in WO... joke, its the charts and the halvening.

[heslo]

https://edition.cnn.com/2019/09/22/entertainment/aron-eisenberg-star-trek-actor-dies/index.html

RIP NOG

I saw that, very sad and very sudden. Seemed like a good dude too; sad he lived a life full of health complications. RIP

[DaRude]

Contract Size
1 Bitcoin

I know they are not targeting plebs with signatures but what'll happen when BTC hits 100k? They'll be losing customers because there will be less and less people around with 1 btc and I am quite sure they won't be fucking around.

BTT still asks 50btc for a VIP membership. It used to be as low as $260 How many VIP's is Theymos getting lately?

This looks like self destruction to me. It was all air.

The only thing matters now is the charts and the game and whatever happened in WO... joke, its the charts and the halvening.

Berkshire Hathaway Class A is trading at over $313k per each share. It's a different league with institutional investors.
Ha BTC50 for "VIP" membership on a forum. Unless it comes with it's own yacht and island full of models i think i'll pass

[Raja_MBZ]

Bakkt volume is now 18 BTC. We seem to be sort of dumping right now; currently observing ~$9850.

[makrospex]

Bakkt volume is now 18 BTC. We seem to be sort of dumping right now; currently observing ~$9850.

Testing support. Again.
This will be an interesting week, i guess...