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

[Hueristic]

For all the noobs who are scrolling the wall of delusion prepping to enter crypto:

Fundamentals against bitcoin are severe:

1, Old world is already fully embedded in this coin, Goldman, Saudi, FBI, Forbes 1000 Billionaires, so bitcoin success is counter productive to original intent

Which actually proves it's success and future stability. The original intent of an Immutable asset (unseizeable) is 100% still intact and this has been a roaring success with no end in sight.

2. This goes for all cryptos, but they really should not be obtainable with fake fiat money, launch a crypto that can only be obtained through services - everyone on equal footing in this new world order instead of status quo 2.0

Incorrect and highly debatable just not in this thread.

3. Bitcoin doesn't scale, lightning network is centralized

By design.

4. BTC is old tech, like netscape in late 90's, this is important to consider

Nothing wrong with old and dependable espessially when it comes to an asset. That is actually an assets number one draw.
And netscape is Firefox.

5. Mining is draining power towards useless calculations, yes its securing a network but this computing power could be way more optimized, which is why I bought ETH in april 2016, unfortunately, this also did not scale

BTC powwer draw is nothing compared to the current legacy system and nothing will scale for eternity as far as ETH scaling, it was known from day one that would balloon that fast which is what ads to the fact it is a scam.

6. True decentralization must support a retail and merchant space full of branded cryptos with migrated goods and services. This is where those multi trillions market caps will come from in the 2020's with added value of crypto integration

Why?

7. BTC is sustained by centralized exchanges which are completely subverted by super powers since mid 2017.

Centralization has always been the enemy and that is the whole point of Bitcoin!


You just don't get it do you?

[El duderino_]

<snip>the oldest democracy of the world<snip>

Athens, Greece?

Atlantis?

For ..... Zzzz

Not Wall material... #HODLsleep

[HI-TEC99]

<snip>the oldest democracy of the world<snip>

Athens, Greece?

Atlantis?

For ..... Zzzz

Not Wall material... #HODLsleep

Yeah, WTF has that wall of text got to do with Atlantis?

[zeroknowledgeproofs]

<snip>the oldest democracy of the world<snip>

Athens, Greece?

Atlantis?

For all the noobs who are scrolling the wall of delusion prepping to enter crypto:

Fundamentals against bitcoin are severe:

1, Old world is already fully embedded in this coin, Goldman, Saudi, FBI, Forbes 1000 Billionaires, so bitcoin success is counter productive to original intent
2. This goes for all cryptos, but they really should not be obtainable with fake fiat money, launch a crypto that can only be obtained through services - everyone on equal footing in this new world order instead of status quo 2.0
3. Bitcoin doesn't scale, lightning network is centralized
4. BTC is old tech, like netscape in late 90's, this is important to consider
5. Mining is draining power towards useless calculations, yes its securing a network but this computing power could be way more optimized, which is why I bought ETH in april 2016, unfortunately, this also did not scale
6. True decentralization must support a retail and merchant space full of branded cryptos with migrated goods and services. This is where those multi trillions market caps will come from in the 2020's with added value of crypto integration
7. BTC is sustained by centralized exchanges which are completely subverted by super powers since mid 2017.

I am a firm believer in Alts with use case and a future built on real democracy powered by a retail, science, merchant and investor community and not the status quo fiat counterfeiters that brought humanity a decade of stagnation. Private corporate money and private armies in a neo feudal model of society will overtake the royal kingdom of the military industrial complex. Neo feudalism is hopefully just an intermediate division before sovereignity of everyone in a virtual singularity.

I do think that BTC will move towards quarter of a million but that it will be for reasons of fiat undermining confidence, and I believe that stockpicking alts with use case and momentum will vastly outperform BTC in the next parabola, by factors of thousands simply because BTC high valuation compared to alts in low hundreds of millions. Do not be fooled by a statement that BTC is a low market cap asset, it is the ecosystem that is important, not one coin. BTC is very overvalued compared to its competition, a factor of x20-100 when exlcuding subverted top 5.

I am not an idealist nor anarchist but the level of corruption in this space since 2017 must absolutely be made public. Everyone is right to own a small amount of BTC but be aware that nothing will change in a BTC majority economy. True decentralization can never come from BTC and its forks, only from emerging altcoin ecosphere and this is simply not matured yet, and when it comes online through  crypto payment gateways and realization by retail that crypto a new form of decentralized and unregulated branded stock, then the hour of parabola is upon this world once more.

You speak the truth my brother, and for that I thank you.

[El duderino_]

<snip>the oldest democracy of the world<snip>

Athens, Greece?

Atlantis?

For all the ............. Zzzzz

You speak the BS my brother.....

Wtf = happening .... new trolls .... keep out our healthy environment

[Gyrsur]

<snip>the oldest democracy of the world<snip>

Athens, Greece?

Atlantis?

For all the ............. Zzzzz

You speak the BS my brother.....

Wtf = happening .... new trolls .... keep out our healthy environment

we revealed today roach's real intention now we must fight with his troll army forever. 

[d_eddie]

Let trolls troll. As long as no one replies, they'll get weary. Not everyone has r0ach's patience.

[Gyrsur]

Closed a part of the short at a tiny profit. Looking to reshort the same quantity a little higher if possibile. I don't like that lonely long weeping softly. Especially if soft whinging should turn into acrid tears later on.

brother in arms, will think about your turn tomorrow but thank you for your hint anyway. deep HODLsleep now... z z z z z

[JayJuanGee]

Let trolls troll. As long as no one replies, they'll get weary. Not everyone has r0ach's patience level of stubborn tardness.

FTFY

[JayJuanGee]

<snip>the oldest democracy of the world<snip>

Athens, Greece?

Atlantis?

For all the ............. Zzzzz

You speak the truth my brother, and for that I thank you.

Wtf = happening .... new trolls .... keep out our healthy environment

New troll? Come on dude. Your profile is from 2017.

I was here years before that. My profile was hacked when the passwords were leaked back in 2015.
Had 0 luck trying to get my account back. I stopped posting on this forum when the influx of n00bs came in 2017-18. Sad really.  This place is a shadow of what it once was. But I love this thread so much i lurk for years still.  

If you had been such a presumptively wonderful WO veteran that deserves credit for "time served" (beyond mere lurking.. you cannot expect to receive much WO "street cred" for merely lurking, can you?), then why don't you share your old username with us for our ability to look at your purported posting and contribution history? - and then perhaps you might be able to receive some respect for your past contributions to the cause (even if we might not agree with your various posts), in the event that you had not been some lame-ass member who had a historical contribution level that amounts to spouting similar kinds of nonsense as evidenced by your stupid-ass non-sensical posts from today.

[Icygreen]

Keep hodling that green dildo Bob. Look, what's that up ahead?

Checks for bears on crypto twitter the tracks.

[nanobtc]

Wow, I see lots of (ignored) r0ach posts. Bullish.

[VB1001]

Bitstamp

HARDWARE: We will be integrating @Ledger Vault tech to set up a robust custody system with end-to-end hardware backed transfers for the crypto assets stored at Bitstamp

https://twitter.com/Bitstamp/status/1184110863755689984

https://www.bitstamp.net/article/integrating-ledger-vault-additional-crypto-storage/

[JayJuanGee]

I can't shake this awful feeling we're going to plunge below $8k, then perhaps test $7.5k USD... That red dildo really was unpleasant earlier today. Sorta "Rest of 201920 is going to be stupid before cooler heads prevail in the New Year, as we approach the halvening"

In a bear sorta mood, with winter coming.

Yeah, but currently we are in 2019 - NOT in 2020....

Therefore, FTFY.

On a personal level, I am not really too bothered by our seemingly long and drawn out correction.  It seems to be somewhat ambiguous about how a lot of this is affecting the alts, and any kind of little sign of alt coin pumpening has been seeming to cause those pumpeners to be coming out of the woodwork and proclaiming alt coin season, blah blah blah... so probably some of this additional stagnant and even seemingly shitty shorter-term BTC performance is a kind of blessing in disguise that allows for further possible purging of the ongoing shitcoin froth.. and there are a few of them that seem really in need of further purging.

On the other hand, I have no real idea how low we might go in the shorter-term, but it seems that even a BTC correction that goes back as low as $5k would not be even close to as harsh on longterm BTC HODLers as compared to what kind of impact (maybe positive) that it would have in terms of purging some more shitcoin froth.

[hv_]

That's what contempt looks like  

Nice - CSW just Triggers the trolls / bagholders - where is bespoke 'censorship resistance ' ?

 

Now today he talks about writing the White Paper - where he still owns the Copyrights - nothing happend from trolloverse - except they made more Drama such that more will listen

 

[Raja_MBZ]

Guys, what do you think of AngeloBTCTC semi-retired whale tweet?



According to AngeloBTCTC, he has predicted that Bitcoin can reach $ 30K in 2021. If this happens in a hypothetical case, it would be at the door of the Accumulation phase.

Starting that it's just a prediction, this guy always causes impact when he makes his controversial tweets.

More Info: https://u.today/top-bitmex-trader-says-hes-patiently-waiting-for-bitcoin-price-to-drop-to-6000-level

[ðºÞæ]

The awkward moment you realize CSW is Satoshi

[hv_]

The awkward moment you realize CSW is Satoshi

Very funny to see all the scammers triggered

https://cryptoslate.com/bitmex-research-and-charlie-lee-denounce-craig-wright-speaking-at-conference-as-satoshi/

SegShit is scam

[Cryptotourist]

^. Pathetic.

[Cryptotourist]

Very funny to see all the scammers triggered

Funny you should say that, you seem all triggered to scam to me.